Plastics Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development by 2025

San Francisco, 11 March 2019: The Report Plastics Market Size, Share & Trends Analysis Report By Product (PE, PP, PU, PVC, PET, Polystyrene, ABS, PBT, PPO, Epoxy Polymers, LCP, PC, Polyamide), By Application, and Segment Forecasts, 2019 - 2025

The global plastics market size is expected to reach USD 721.14 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.0% during the forecast period. Increasing automotive production and subsequent rise in plastics consumption in automotive component fabrication because of regulatory policies pertaining to vehicular weight reduction and fuel efficiency will drive the plastic market over the forecast period. Plastics facilitate fuel saving in automotive applications on account of reduced car weight and density as compared to conventional materials such as metals or rubber.

Since the last decade, there has been a substantial demand for the products as replacement for metals and ferrous alloys across various industries such as consumer goods, automotive, and industrial machinery. The growth of the market criticality lies on various factors such as ever-increasing requirement of end users in terms of product specification and versatility influencing consumption dynamics. Other factors such as socio-political, production process, and feedstock availability events also have a significant impact on industry trends.

Rapidly developing construction and automobile markets in Asia Pacific will increase the demand for plastics in interiors, exteriors, and under hood components. Its major applications include under hood components in the automotive industry, building interior & exteriors in the construction and infrastructure industries, and various applications in electronics and durables.

Asia Pacific is likely to witness the highest growth in the construction industry across the globe, wherein China is at the forefront of the growth. Growing population coupled with rapid industrialization and urbanization in emerging economies have influenced regional governments to increase their construction spending in order to cater to growing infrastructure needs. Increasing construction spending by governments, particularly in China and India, will fuel the demand in infrastructure and construction applications.

Plastics are also witnessing substantial growth in the pipes and fittings segments on account of their lightweight, long life span, corrosion resistance, and reduced cost structures.

Access Research Report of Plastics Market@ www.grandviewresearch.com/industry-analysis/global-plastics-market

Further key findings from the report suggest:

·       Raw materials used in plastic include hydrocarbon fuels (coal, natural gas and crude oil), salt and sand. PE production in North America is dependent mainly on natural gas, which is available at a very low cost in the region. PE producers in the region are, thus, highly competitive

·       Automotive is the fastest growing application segment in the global arena during the forecast period. Increasing incorporation of plastics as opposed to metals & alloys in automotive components has been a major factor contributing to the growth of the segment

·       Polyether Ether Ketone is expected to witness a CAGR of 9.4% in terms of volume during the forecast period. They are widely used in engineering applications owing to their characteristics, which include being colorless and organic

·       PVC is one of the major plastic constituents in various building materials and construction activities. The plastic is modified as per requirement to meet structural designs and application specifications.

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 plastics market on the basis of product, application, and region.

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

·         Polyethylene (PE)

·         Polypropylene (PP)

·         Polyurethane (PU)

·         Polyvinyl chloride (PVC)

·         Polyethylene terephthalate (PET)

·         Polystyrene (PS)

·         Acrylonitrile butadiene styrene (ABS)

·         Polybutylene terephthalate (PBT)

·         Polyphenylene Oxide (PPO)

·         Epoxy Polymers

·         Liquid Crystal Polymers

·         Polyether ether ketone (PEEK)

·         Polycarbonate (PC)

·         Polyamide (PA)

·         Polysulfone (PSU)

·         Polyphenylsulfone (PPSU)

·         Others

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

·         Packaging

·         Construction

·         Electricals

·         Automotive

·         Medical Devices

·         Agriculture

·         Furniture & Bedding

·         Consumer Goods

·         Others

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

·         North America

·         Europe

·         China

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Plastics Market@ www.grandviewresearch.com/press-release/global-plastics-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

EPDM Market to Expand At A CAGR Of 6.5% throughout the Forecast Period: Grand View Research Inc.

San Francisco, 11 March 2019: The Report Ethylene Propylene Diene Monomer (EPDM) Market Size, Share & Trends Analysis Report By Application (Electrical & Electronics, Building & Construction, Wires & Cables), And Segment Forecasts, 2019 - 2025

The global ethylene propylene diene monomer (EPDM) market size is expected to reach USD 6.46 billion by 2025 expanding at a CAGR of 6.5%, according to Grand View Research, Inc. The market is mainly driven by rising demand for bio-based products and R&D investments in the field. High demand for EPDM, mainly in Asia Pacific region due to expanding end-use industries like automotive and construction, is also propelling the market growth. Increasing spending on construction and infrastructure development by federal governments due to growing population along with rapid urbanization and industrialization in developing economies will also support market growth.

Thus, growing construction activities, particularly in China and India, are expected to augment the product demand in infrastructure and construction applications. However, EPDM is expected to witness the maximum demand from the automotive application segment on account of their non-reflective and premium-quality finish. EPDM can also be used in electrical cable joints and roofing membranes as it does not pollute the runoff rainwater, thereby improving the efficiency of rainwater harvesting. All these factors together are creating lucrative growth opportunities for the global market in automotive sector.

Access Research Report of EPDM Market@ www.grandviewresearch.com/industry-analysis/ethylene-propylene-diene-monomer-epdm-market

Further key findings from the study suggest:

·       Asia Pacific was the dominant regional market in 2017 and is anticipated to expand further at the highest CAGR of 5.7% during the forecast period

·       China is among the fastest-growing countries in the market on account of availability of potential growth opportunities for the manufacturers

·       Rapidly expanding automotive sector in the country is also contributing to the growth of the global Ethylene Propylene Diene Monomer (EPDM) market

·       Extensive R&D activities for the development of bio-based products have led to the creation of several improved grades, which is expected to create lucrative growth opportunities for the EPDM market in near future

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

Grand View Research has segmented the global Ethylene Propylene Diene Monomer (EPDM) market on the basis of application and region:

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

·         Building & Construction

·         Wires & Cables

·         Electrical & Electronics

·         Lubricant Additive

·         Plastic Modifications

·         Automotive

·         Tires & Tubes

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of EPDM Market@ www.grandviewresearch.com/press-release/global-ethylene-propylene-diene-monomer-epdm-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

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