Strapping Materials Market to Witness Steady Growth at 5.8% CAGR from 2017 to 2025: Grand View Research Inc.

San Francisco, 8 March 2019: The Report Strapping Materials Market Analysis, By Material (Steel, Polypropylene, Polyester), By Application, By Region, And Segment Forecasts, 2018 - 2025

The global strapping materials market is expected to reach USD 7.5 billion by 2025, at a 5.8% CAGR during the forecast period, according to a new report by Grand View Research, Inc. The advantage of recycling pretend by plastic strapping materials makes it a sustainable packaging substitute, which is expected to drive market growth over the coming years.

Polypropylene was the largest material segment in terms of revenue in 2016 and the trend is projected to continue with a CAGR of 6.2% over the forecast period. Its property of high elongation recovery is expected to boost market growth over the forecast period.

Plastic strapping is a durable alternative to conventional packaging materials namely glass, aluminum, and tin, which are used in the food and beverage industry. The flexibility of plastic allows manufacturers to customize shape, size, and any other specification as per the packaging requirement of a customer. Plastic strapping also helps save packaging space compared to conventional packaging. It also offers damage protection as it is compliant with cargo securement standards defined by regulatory bodies in developed economies of North America and Europe.

Demand for strapping materials will be driven by growth in industries such as food and beverages, industrial logistics and warehouse, and corrugated cardboard and paper in developed economies including U.S., Germany, and U.K.

Leading global players, such as Mosca GmbH, Cyklop International, and Strapack, Inc., have a significant presence in North America and European countries and are further working toward expanding their operations in Asia Pacific. As strapping materials are increasingly used in corrugated cardboard and paper, food and beverages, industrial logistics and warehousing, and building and construction industries owing to their niche characteristics, they are anticipated to offer growth opportunities to key market players over the forecast period.

Access Research Report of Strapping Materials Market @ www.grandviewresearch.com/industry-analysis/strapping-materials-market

Further key findings from the report suggest:

·       Polypropylene material segment is expected to clock the fastest growth rate in terms of revenue at a CAGR of 6.2% from 2017 to 2025. This growth rate can be attributed to its application in various end-use industries such as food and beverages, newspaper and graphics and industrial logistics and warehousing

·       Industrial logistics and warehouse was estimated to be the largest application segment due to different types of strapping materials used in this sector

·       The U.S. strapping materials market was valued at USD 968.0 million in 2016. The food and beverages application in U.S. is projected to witness the fastest growth over the forecast period owing to high demand from customers

·       Key players including MOSCA GmbH, Polychem Corporation, Signode Packaging Systems Corporation, and StraPack Inc. have a prominent presence in the global strapping materials market

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the global strapping materials market on the basis of type, application, and region.

Strapping Materials by Materials Outlook (Revenue, USD Million, 2014 - 2025)

·         Steel

·         Polypropylene

·         Polyester

Strapping Materials by Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Food & Beverage

·         Industrial Logistics & Warehouse

·         Corrugated Cardboard & Paper

·         Newspaper & Graphics

·         Building & Construction

·         Metal

Strapping Materials by Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Strapping Materials Market@ www.grandviewresearch.com/press-release/global-strapping-materials-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

Intraocular Lenses Market Poised to Expand at a Robust Pace of USD 5.54 Billion Over 2025: Grand View Research Inc.

San Francisco, 8 March 2019: The Report Intraocular Lens (IOL) Market Analysis By Product (Monofocal, Multifocal, Toric, and Accommodative), By End User, By Region, And Segment Forecasts, 2018 - 2025

The global intraocular lenses (IOLs) market is expected to reach USD 5.54 billion by 2025, according to a new report by Grand View Research, Inc. Factors such as rise in prevalence of cataract, increasing aging population with high risk of developing ocular conditions, and government initiatives focused on reducing instances of preventable blindness are expected to drive the market.

Benefits of premium lenses such as enhanced visualization and patient convenience are boosting their adoption globally, thereby propelling the IOLs market. However, factors such as poor reimbursement schemes for premium lenses and high post-treatment costs are challenging market growth.

Rise in diabetic population has a direct and positive impact on the demand for IOLs as these patients are more susceptible to ocular conditions such as cataract and glaucoma. Development of novel surgical options available for cataract treatment, such as advanced micro-incision surgery and femtosecond lasers are also expected to fuel the market. On the other hand, post-surgical complications such as refractive defects are expected to moderately limit market growth.

Adoption of premium IOLs is expected to increase in the coming years since they offer benefits such as higher precision, enhanced visualization, and multifocal aperture. The premium lenses segment includes multifocal, toric, and accommodative IOLs. Multifocal lenses are proving to be beneficial to patients since they offer multifocal apertures and resolve issues such as astigmatism and presbyopia. Toric IOLs are used in the treatment of astigmatism and are estimated to replace traditional incision procedures to correct vision impairments resulting from astigmatism.

On the other hand, traditional monofocal intraocular lenses are restricted to a single focal point. They are affordably priced compared to premium lenses and hence their adoption rate among standard cataract patients is higher.

North America dominated the global IOLs market. Factors contributing to its dominance include rising adoption of premium intraocular lenses and increasing number of patients suffering from cataract in the U.S.  Asia Pacific is expected to exhibit the fastest growth rate in the global IOLs market. Increasing awareness regarding advanced surgical options and efforts of government as well as non-government organizations to improve awareness on and availability of affordable eye care are factors boosting the regional market.

Access Research Report of Intraocular Lenses (IOL) Market @ www.grandviewresearch.com/industry-analysis/intraocular-lenses-industry

Further Key Findings from the Report Suggest:

·       Multifocal IOL emerged as the largest product segment as a result of high adoption despite increased prices

·       Hospitals accounted for the largest share among end-use segments owing to rise in cataract surgeries in hospitals. It is also expected to grow at the fastest rate

·       North America dominated the market with the largest revenue share in 2016 owing to improved awareness about advanced vision impairment treatments and increasing disposable income

·       Asia Pacific is projected to witness rapid growth during the forecast period owing to speedy adoption of IOLs and advanced treatments for vision repair

·       Key players including Johnson & Johnson; Alcon, Inc. (Novartis AG); Valeant Pharmaceuticals International, Inc.; EyeKon Medical, Inc.; Carl Zeiss Meditec AG; Rayner; Lenstec, Inc.; STAAR Surgical; HumanOptics AG; and HOYA GROUP dominated the global IOLs market.

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

Grand View Research has segmented the global intraocular lenses market on the basis of product, end-use, and region:

Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Monofocal IOL

·         Multifocal IOL

·         Toric IOL

·         Accommodative IOL

End-use Outlook (Revenue, USD Million, 2014 - 2025)

·         Hospitals

·         Ophthalmic Clinics

·         Ambulatory Care Centers

·         Eye Research Institutes

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Intraocular Lenses (IOL) Market@ www.grandviewresearch.com/press-release/global-intraocular-lenses-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

Automotive Interior Materials Market Size Projected to Rise Lucratively by 2025: Grand View Research Inc.

San Francisco, 8 March 2019: The Report Automotive Interior Materials Market Analysis By Product (Leather, Composite, Plastic, Metals, Fabric), By Application (Dashboard, Seats, Airbags & Seat Belts, Door Panel & Trims, Carpet & Headliners), By Region, And Segment Forecasts, 2018 - 2025

The global automotive interior materials market is anticipated to reach USD 66.5 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to witness a high growth rate owing to increase in demand for lightweight passenger vehicles. 

Factors such as improved economic conditions and rapid urbanization are likely to fuel the automotive interior materials market. In addition, there has been a rise in demand for personalization of cars, which will further create a positive outlook for this market.

Growth in interest for attractive automobile interiors, coupled with improved economic conditions in developing regions, is expected to boost this market over the forecast period. Market players are likely to focus on product differentiation and expanding their product catalog in order to grab market opportunities over the forecast period.

Presence of multiple leading market players has led to increased competitive rivalry within the market for automotive interior materials. Focus on product differentiation and expansion is expected to be the key to market dominance over the forecast period. Leading players have expressed interest in expanding their distribution channels as well as investing in mergers and acquisitions to strengthen their global reach in the market for automotive interior materials.

Access Research Report of Automotive Interior Materials Market @ www.grandviewresearch.com/industry-analysis/automotive-interior-materials-market

Further key findings from the report suggest:

·       By product, plastic accounted for a revenue share of 43.6% in 2016. Plastics are used in lightweight vehicles, which have gained consumer preference in recent years

·       Composite products accounted for a revenue share of 10.2% in 2016 and is projected to grow at a CAGR of 5.3%. This can be attributed to rise in demand for lightweight and fuel-efficient vehicles

·       Dashboard held a share of 33.0% by application in 2016 and is expected to witness significant growth over the forecast period. Plastics and composites are likely to be utilized in dashboard applications by automotive manufacturers due to their low cost and high durability

·       Asia Pacific held the highest revenue share of 53.0% by region in 2016 and is estimated to dominate the market over the forecast period. This dominance can be attributed to increase in demand for vehicles from developing countries such as India and China

·       Regional expansion by way of mergers and acquisitions, along with new product development, is a key strategy adopted by major market players in order to strengthen their position globally. Players are focused on innovating new products with multiple applications to expand their product portfolio

·       In June 2016, Lear Corporation signed an agreement to construct a technology complex in Shanghai, China. The aim of the agreement was to boost the company’s business in China and rest of Asia Pacific, thus creating a pathway for long-term growth in the developing region.

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 automotive interior materials market on the basis of product, application, vehicle type, and region:

Automotive Interior Materials Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Leather

·         Composite

·         Plastic

·         Metals

·         Fabric

Automotive Interior Materials Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Dashboard

·         Seats

·         Airbags & Seat belts

·         Door panel & trims

·         Carpet and headliners

·         Others

Automotive Interior Materials Vehicle Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Passenger Vehicle

·         Light Commercial Vehicle

·         Heavy Commercial Vehicle

Automotive Interior Materials Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Automotive Interior Materials Market@ www.grandviewresearch.com/press-release/global-automotive-interior-materials-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

Americas Strapping Materials Market to Rear Excessive Growth CAGR of 4.0% through 2025: Grand View Research Inc.

San Francisco, 7 March 2019: The Report Americas Strapping Materials Market Size, Share & Trends Analysis Report By Product (Steel, Polypropylene, Polyester), By Application (Industrial Logistics & Warehouse, F&B), And Segment Forecasts, 2019 - 2025

The Americas strapping materials market size is expected to reach USD 2.24 billion by 2025, according to a new report by Grand View Research, Inc., at a CAGR of 4.0% during the forecast period. Using lightweight plastic strapping results in cost efficiency as it reduces logistical expenses in the food and beverages as well as industrial logistics and warehouse sectors, which is expected to drive the market.

Industries such as pharmaceutical, textile, consumer electronics, and household appliances use strapping materials as a packaging solution. Growth in import and export of goods in these industries is projected to fuel market growth. Demand for strapping as an alternative to packing and palletizing in industrial logistics is expected to rise as it offers secure cargo movement.

The food and beverages industry uses strapping for unitizing products such as glass bottles, cans, and snack boxes. Strapping is increasingly being used as a substitute for wrapping in this industry as it saves cost and time involved in packaging of food items to be shipped.

Strapping materials offer high strength and creep-resistance, which makes them a safe and stable solution for packaging in various application industries. Selection of an appropriate strapping material for packaging is extremely crucial. The importance of timely delivery in e-commerce is fueling demand for superior packaging options such as plastic and steel strapping.

There has been an increase in awareness among buyers regarding benefits of using recycled plastics, which makes it imperative for a business using recycled materials to attract more customers. Use of plastic strapping not only engages the company in sustainable manufacturing practices but also offers economic benefits by lowering the cost of raw material and improving profitability.

Access Research Report of Americas Strapping Materials Market @ www.grandviewresearch.com/industry-analysis/americas-strapping-materials-market

Further key findings from the report suggest:

·       By product, polyester accounted for the largest revenue share in 2017 on account of high penetration of the product in the metals and mining industry, which is an important contributor to economic growth in countries such as Argentina, Brazil, Chile, Peru, and Columbia

·       Product demand in industrial logistics and warehousing in CSA is expected to be driven by increasing use by freight forwarding companies as strapping offers secure cargo movement

·       The food and beverage application segment accounted for a significant revenue share in 2017 on account of increasing product use as a substitute for wrapping. The materials save cost and time involved in packaging of food items to be shipped

·       The market in Central and South America is expected to register a CAGR of 5.0% owing to rising product demand in the building and construction industry, which involves transportation of high volumes of construction material

·       The Americas strapping material market is characterized by a few recognized global players and a large number of domestic players, with brand identity playing a major role. These players primarily compete on the basis of product quality.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the Americas strapping materials market on the basis of product, application, and region:

Americas Strapping Materials Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Steel

·         Polypropylene

·         Polyester (PET)

·         Other

Americas Strapping Materials Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Food & Beverage

·         Industrial Logistics & Warehouse

·         Corrugated Card Boxes & Paper

·         Building & Construction

·         Metal

Americas Strapping Materials Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Central & South America

Access Press Release of Americas Strapping Materials Market@ www.grandviewresearch.com/press-release/americas-strapping-materials-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