Sulfuric Acid Market is Estimated To Expand at a CAGR of 3.3% through 2025: Grand View Research Inc.

San Francisco, 12 March 2019: The Report Sulfuric Acid Market Analysis By Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore), By Application (Fertilizers, Chemical Manufacturing, Refinery, Textile), And Segment Forecasts, 2018 - 2025

The global sulfuric acid market is expected to be valued at USD 13.45 billion by 2025, according to a new report by Grand View Research, Inc. Increasing investments in plant facilities due to the rising production capacity of phosphate fertilizer and tightening environmental regulations are anticipated to spur the market over the foreseeable period.

Rising demand for the production of nutrient-rich food crops is expected to boost the industry. Increasing requirement for the continuous & sustainable H₂SO₄ product for the manufacturing of phosphate fertilizer, inorganic chemicals, detergents & soaps, dyes, and gasoline is expected to trigger industry growth over the forecast period.

Growing suppliers of sulfuric acid in Saudi Arabia due to the presence of large number of acid manufacturing facilities to strengthen the growth of phosphate is expected to spur the Middle East regional market. Factors such as increase in the number of initiatives carried out by companies such as DuPont, Outotec, and Sumitomo Corporation to expand their plant facilities, enhance distribution network, and expand processing capacities are projected to propel the market over the next eight years.

Access Research Report of Sulfuric Acid Market@ www.grandviewresearch.com/industry-analysis/sulfuric-acid-market

Further key findings from the report suggest:

·       The global demand was valued at USD 10.10 billion in 2016, at an estimated CAGR of 3.3% from 2017 to 2025

·       Elemental sulfur was the largest raw material segment in 2016, accounting for over 57% of the overall market

·       Increasing demand for the manufacturing of sulfuric acid from elemental sulfur owing to its environmentally-friendly property in comparison to base metal smelter or pyrite ore roasting is projected to propel elemental sulfur raw material segment

·       Fertilizers was the largest application segment in 2016 and is expected to progress at a moderate rate over the foreseeable period

·       Increasing demand for the production of phosphate fertilizer to enhance the quality of irrigation water is projected to propel fertilizer application growth 

·       In terms of revenue, Asia Pacific was the dominant regional segment in 2016 and is anticipated to hold a considerable share in the market, at an estimated CAGR of around 3.6% over the forecast period

·       Growing demand for H₂SO₄ products in chemical industries from emerging the economies of China and India and the availability of raw materials in this region is projected to drive Asia Pacific regional segment

·       In May 2017, DuPont Clean Technologies received a contract agreement from Yidu Xingfa Chemical Co. Ltd. for the technology and engineering license for a 3600 tpd MECS MAX3 sulfuric acid plant. This initiative is expected to strengthen the company’s Xingfa plant in China.

·       Some players operating in this industry include Mosaic Company, Chemtrade Refinery, DuPont, Akzonobel N.V., BASF, PVS Chemical Solution, Valero Energy, and Solvay among others.

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

Grand View Research has segmented the global sulfuric acid market based on raw material, application, and region

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

·         Elemental sulfur

·         Base metal smelters

·         Pyrite ore

·         Others

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

·         Fertilizers

·         Chemical manufacturing

·         Metal processing

·         Petroleum refining

·         Textile industry

·         Automotive

·         Paper & pulp

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Sulfuric Acid Market@ www.grandviewresearch.com/press-release/global-sulfuric-acid-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

Ultrasound Device Market to Witness a Pronounce Growth During the Forecast Period: Grand View Research Inc.

San Francisco, 11 March 2019: The Report Ultrasound Device Market Analysis By Product Type (Diagnostic Ultrasound Devices (2D, 3D/4D, Doppler), Therapeutic Ultrasound Devices (High-intensity Focused Ultrasound, Extracorporeal Shockwave Lithotripsy)), By Portability (Handheld, Cart/Trolley-based) And Segment Forecasts to 2024

The global ultrasound device market is expected to reach USD 11.1 billion by 2024, according to a new report published by Grand View Research, Inc. Major drivers of the sonography market include expanding applications of the technique in therapeutic areas and government recommendations for periodic ultrasound screenings of the breast for breast cancer. 

High Intensity Focused Ultrasound (HIFU) is widely used for the treatment of prostate cancer. HIFU has lesser side effects for prostate cancer than the other available treatments. The other use of ultrasound technique for therapeutic purpose includes treatment of kidney stones and gallstones using extracorporeal shockwave lithotripsy (ESWL). 

2D, 3D/4D and Doppler ultrasound techniques are widely used in diagnostic imaging. 2D ultrasound segment captured the largest market share owing to the wide use of this technique in brain tumor and fetal screening. Most of the hospitals and healthcare facilities in developing countries offer 2D ultrasound as the device cost is relatively lesser and results in increasing the affordability of ultrasound imaging to patients. Along with 3D, 4D sonography has also become popular in obstetrics areas as it provides real-time movements of the fetus. 

Intensifying competition in the private sector has triggered advancements of the latest medical devices in private hospitals. As a result, demand for handheld imaging devices is swiftly increasing. In addition, the shifting trend to home healthcare and remote patient monitoring is augmenting the adoption of handheld devices. However, the demand for relatively bigger cart/trolley-based devices is escalating with the rising adoption of therapeutic ultrasound, where heavy hardware and large display screens are necessary.

Access Research Report of Ultrasound Device Market @ www.grandviewresearch.com/industry-analysis/ultrasound-device-market

Further key findings from the study suggest:

·       The diagnostic ultrasound devices segment captured a market share of 35.80% in 2015. The share of the segment was mainly attributed to government recommendations for routine checkups using ultrasound devices.

·       The rising birth rates and in-vitro fertilization treatments are supporting the growth of the diagnostic ultrasound imaging segment as the imaging technique is widely accepted for fetal monitoring during pregnancy

·       The handheld device segment is expected to exhibit the fastest growth during the forecast period owing to the convenience of portability, affordable price, and user-friendly technologies embedded in these devices

·       North America captured the largest market share of 24.85% in 2015 and is expected to maintain its dominance throughout the forecast period. The presence of a well-defined regulatory framework, recommendations of government and healthcare agencies, and high adoption of remote patient monitoring and home healthcare services are the major factors supporting the market growth.

·       Asia Pacific is anticipated to witness the fastest growth of 9.6% during the forecast period. Rising disposable income, growing awareness, and booming medical tourism industry are some of the factors expected to drive the Asia Pacific market towards swift growth during the forecast period.

·       The ultrasound market is fragmented with the presence of many local players. Thus, market players are adopting strategies such as mergers and acquisitions and distribution partnerships to expand their market share and sustain the competition.

·       Some key players contributing to this market include Toshiba Medical Systems Corporation, SonaCare Medical, Analogic Corporation, GE Healthcare, Philips Healthcare, Siemens Healthcare, Hitachi Medical Corporation, Samsung Medison, and Mindray Medical International Limited

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

Grand View Research has segmented the ultrasound device market on the basis of product type and geography.

Ultrasound device market by product, 2014 - 2024 (USD Million)

·         Diagnostic Ultrasound Devices

·         Therapeutic Ultrasound Devices

Ultrasound device market by Portability type, 2014 - 2024 (USD Million)

·         Handheld Ultrasound Devices

·         Cart/Trolley Based Ultrasound Devices

Ultrasound device market by region, 2014 - 2024 (USD Million)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

Access Press Release of Ultrasound Device Market@ www.grandviewresearch.com/press-release/global-ultrasound-device-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

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