Purified Terephthalic Acid Market Segmentation On Basis Of Application, End-Use And Region

The Report Purified Terephthalic Acid (PTA) Market Analysis By Application (PET Resins, Polyester Fiber, Films), By End-use (Textile, Bottling & Packaging, Home Furnishing), By Region, And Segment Forecasts, 2018 – 2025

The global Purified Terephthalic Acid (PTA) Market is expected to reach USD 110.66 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for purified terephthalic acid (PTA) in polyester powder coating resins, PET resins and unsaturated polyester resins for fiberglass-reinforced plastic is expected to augment industry expansion over the forecast period.

Growing consumption of the product owing to its superior properties including excellent weathering, good chemical and stain resistance, good hardness, flexibility and glass transition temperature range is projected to propel industry expansion. Rising consumption of the product in home furnishing and bottling is expected to stimulate industry growth.

Increasing demand for the PTA films in construction and commercial industries owing its superior tensile strength, good dimensional stability, high optical clarity, less moisture absorption, and excellent electrical properties is expected to spur industry size.

Polyester fiber was the dominant segment and accounted 63.2% of the overall volume share in 2016 and is expected to witness substantial growth as a result of increasing usage in apparel, carpets, carpets, curtains, nets, and ropes. Rising demand for polyester in textile owing to its high tenacity and durability will augment industry expansion over the forecast period.

Access Research Report of Purified Terephthalic Acid (PTA) Market @ www.grandviewresearch.com/industry-analysis/purified-terephthalic-acid-market

Further key findings from the report suggest:

• PET resins is expected to show high revenue gains at a CAGR of 8.0% from 2017 to 2025 Rising consumption of PET containers in packaging sodas, water, juices, liquid hand soap, salad dressings, cooking oil, peanut butter, shampoo, mouthwash, pharmaceuticals, and tennis balls is expected to augment industry expansion.
• Asia Pacific was the dominant market and accounted for 41.2% of the global purified terephthalic acid (PTA) revenue industry in 2016. Establishment of various food & beverage, packaging, and textile manufacturing units particularly in China and India will fuel purified terephthalic acid market growth over the forecast period.
• Increasing sales volume of clothing and apparel goods through e-commerce portals in China, Bangladesh, India and Thailand is expected to create immense industry potential. Furthermore, regulatory support aimed at promoting investments in packaging sector in China and India is projected to propel industry growth.
• Presence of major players including Reliance, IOCL, Sinopec, Tianjin Petrochemical Co., Ltd. and Xiamen Xianglu Petrochemical Co. in Asia Pacific is expected to augment industry expansion over the forecast period.
• Key players include Sinopec Yizheng Chemical Fibre Company, Reliance Industries Limited, DuPont, Honam Petrochemical Corporation, BP, Eastman Chemical Company, Indian Oil Corporation, Formosa Plastics Group, and SABIC.
• In April 2015, Reliance Industries Limited (RIL) announced commissioning of new purified terephthalic acid (PTA) plant having a capacity of 1,150 kilo tons per annum at Dahej, Gujarat in order to meet increasing demand for the product.

Grand View Research has segmented the global purified terephthalic acid (PTA) market on the basis of application, end-use and region: 

Purified Terephthalic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• PET resins
• Polyester fiber
• Films
• Others

Purified Terephthalic Acid End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Textile
• Bottling & packaging
• Home furnishing
• Others

Purified Terephthalic Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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

Expanded Polystyrene Market In-Depth Research On The Basis Of Product And Application

The Report Expanded Polystyrene(EPS) Market Analysis By Product, By Application (Construction, Automotive, Packaging), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2018 - 2025

The global expanded polystyrene market is projected to reach approximately USD 12.97 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising growth of millennials and nuclear families as well increase in disposable income towards consumption of single use EPS containers provided by urban food outlets and takeaway stations is expected to promote the usage of expanded polystyrene. In addition, innovation in automotive sector including making cars more light weight and fuel efficient by global car manufacturers will propel to the growth of EPS over the forecast period.

EPS demand in packaging industry are projected to grow at a CAGR of 5.0% from 2016 to 2025. High rate of manufacturing capabilities across developing nations, growing rate of exports across nations, and future growth in high rate of e-commerce business is projected to keep extensive market reach for packaging products over the next nine years.

The rate of inward migration in regions like Europe, and North America will eventually increase the rate of residence complexes aided by employment and spending capabilities among consumers, which will surge the growth of construction sector as well as fuel to the demand for EPS over the projected period.The concept of Green building which requires extensive application of processes that includes efficient use of energy, protecting occupant’s health, as well as reducing waste, pollution, and environmental degradation is expected to be one of the major driving factors for the growth of EPS.

Access Research Report of Expanded Polystyrene Market @ www.grandviewresearch.com/industry-analysis/expanded-polystyrene-eps-market

Further key findings from the report suggest:

·       Demand for EPS in North America will surge in accordance with growth in automotive and packaging sector having a CAGR of 4.5% in terms of its application. Mature market such as U.S. have expanding client request, greater interest in terms of innovations, as well as implementation of designs.

·       EPS growth in MEA region is expected to witness growth with focus on exports of apparels, citrus fruits, foodstuffs, electronic equipment well as jewelry adding to a revenue growth of 5.4% by 2025.

·       White EPS demand will increase over the projected period as emerging markets are investing on developing manufacturing and packaging plants for global and domestic trade

·       Grey EPS is set to witness a CAGR of 5.4% from 2017 to 2025 in terms of revenue on account of its application in construction of residential buildings. The properties of insulation derived from graphite mixed expanded polystyrene is a key driver for its growth over the forecast period.

·       Key vendors include BASF, SABIC, DOW chemicals, NOVA Chemicals, TOTAL SA, Versalis S.P.A., Unipol Holland BV, Ravago group, Alpek S.A.B. De Cv, Styrochem, Brodr Sunde group, Synthos SA, Sunpor Kunststoff GMBH, Kaneka Corporation, and ACH foam technologies. In May,2017, Total inaugurated its Carling petroleum complex, which increased polystyrene production capacity leading in Europe, upgraded Polyethylene unit to cater the health care market by delivering advance plastics., and producing lighter plastics for automotive market reducing the consumption of steel.

Grand View Research has segmented the expanded polystyrene market on the basis of product and application:

Expanded Polystyrene Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         White

·         Grey

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

·         Construction

·         Packaging

·         Automotive

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa (MEA)

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

Meat Substitutes Market Estimated To Witness Remarkable Growth Of CAGR 7.5% From 2012 To 2022

The Report Meat Substitutes Market Size, Share & Trends Analysis Report By Product (Tofu, Seitan, Tempeh, Quorn), By Raw Material (Soy-based, Wheat-based, Mycoprotein), By Region, And Segment Forecasts, 2012 – 2022

The global Meat Substitutes Market size is expected to reach USD 5.81 billion by 2022, according to a new report by Grand View Research, Inc. The market is expected to witness a healthy CAGR of 7.5% during the forecast period. Growing preference for vegan diet coupled with rising health awareness is expected to fuel market demand in the near future.

Soy-based meat substitutes led the global market in the past. Wheat-based raw materials are expected to register the highest CAGR from 2015 to 2022, followed by mycoprotein and soy-based meat substitutes. Textured Vegetable Protein (TVP) is the most popular meat substitute, which led the market. However, wheat-based meat substitutes, such as seitan, are expected to experience the maximum CAGR through 2022.

Among the multiple applications, seitan is presumed to witness the fastest growth over the forecast period. The Asia Pacific and Central & South America regions are slated to see strong demand over the next seven years. Europe has been the dominant market for meat substitutes and is presumed to maintain the trend over the forecast years.

On the other hand, regulations and directives related to meat substitute composition and specifications are anticipated to impact the market growth to some extent. Variations and complexities in the regional rules are presumed to have a negative impact on the global, as well as regional markets. However, regulations issued by agencies, such as FDA and FSIS, are anticipated to play a vital role in shaping the global meat substitutes market over the forecast period.

Access Research Report of Meat Substitutes Market @ www.grandviewresearch.com/industry-analysis/meat-substitutes-market

Further key findings from the study suggest:

• Europe emerged as the largest market and generated revenue of USD 1.40 billion in 2014. It is anticipated to expand at a CAGR of 7.5% over the forecast period
• Wheat-based protein is forecast to reach USD 308.3 million by 2022 with a CAGR of 9.9% from 2015 to 2022
• Seitan is anticipated to emerge as the fastest-growing segment and is likely to register a CAGR of 10.2% over the forecast years
• Industry rivalry is bound to remain medium over the forecast period owing to a handful of market participants. Some of the market participants are Amy’s Kitchen, Inc.; Beyond Meat; Vbites Foods Ltd.; Blue Chip Group; MorningStar Farms; Cauldron Foods; and MGP Ingredients, Inc.

Grand View Research has segmented the global meat substitutes market on the basis of product, raw material, and region:

Meat Substitutes Raw Material Outlook (Revenue, USD Million, 2012 - 2022)

• Soy-based
• Wheat-based
• Mycoprotein
• Others

Meat Substitutes Product Outlook (Revenue, USD Million, 2012 - 2022)

• Tofu
• Tofu-based
• Tempeh
• Textured Vegetable Protein (TVP)
• Other Soy Products
• Seitan
• Quorn
• Others

Meat Substitutes Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• U.K.
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East and Africa

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

Tobacco Market to Steadily Progress at 2.8% CAGR from 2016 to 2021: Grand View Research Inc.

The global tobacco market size is expected to reach USD 694.47 billion by 2021, according to a new study by Grand View Research, Inc., exhibiting a 2.8% CAGR from 2016 to 2021. The tobacco industry comprises a handful of players that grow, sell, and distribute tobacco-related products in the market.

Advanced technologies have assisted the tobacco industry in automating manufacturing processes, in contrast to traditional manufacturing techniques that were labor dependent. Automation has also helped market players to grow in terms of profitability as the cost of labor was being saved.

The global tobacco market is struggling due to ongoing restraints put by governments around the world on grounds of health issues, resulting in high taxes and unfavorable regulations. Tobacco manufacturing companies cannot market their products and are obligatory to issue health warnings on product packaging.

Rising health awareness, stricter government regulations on tobacco products, and increasing popularity of substitutes are adversely affecting market growth. Moreover, with tobacco manufacturers increasing the per unit price of cigarettes and other tobacco products due to increased tax, consumers are shifting preference to value-for-money products. This will also take its toll on industry growth.

Access Research Report of Tobacco Market@ www.grandviewresearch.com/industry-analysis/tobacco-market

Further key findings from the report suggest:

·       Cigarettes account for the largest share in the global tobacco market in terms of both revenue and sales. In 2016, the segment amounted to USD 562.61 billion, equivalent to 93.0% of the market’s overall value

·       The China market is anticipated to expand at a revenue-based CAGR of 2.6% from 2016 to 2021, while demand is also expected to witness a modest rise

·       Key industry participants include Altria Group, Inc.; Reynolds American Inc.; Hongyunhonghe Tobacco (Group) Co.; British American Tobacco p.l.c. (BAT), Ltd.; Japan Tobacco Inc.; Imperial Brands PLC; and Philip Morris International Inc.

Grand View Research has segmented the global tobacco market based on type and region:

Tobacco Type Outlook (Revenue, USD Billion, 2012 - 2021)

·         Cigarettes

·         Smoking Tobacco

·         Smokeless Tobacco

·         Cigars & Cigarillos

Tobacco Regional Outlook (Revenue, USD Billion, 2012 - 2021)

·         U.S.

·         Canada

·         U.K.

·         China

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

Bottled Water Market to Expand at a CAGR of 7.4% Through 2025

The global bottled water market size is expected to reach USD 215.12 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 7.4% during the forecast period. It is anticipated to witness a higher growth as compared to carbonated drinks on account of better health benefits and added nutrients. Factors such as increase in per capita spending and rapid urbanization are likely to fuel the demand for bottled water over the forecast period.

However, higher cost of bottled water may restrain the growth of the market. On the other hand, growing awareness regarding benefits of bottled water coupled with increasing preference for active lifestyle is expected to play a significant role in driving the market. Companies such as PepsiCo Inc. launched premium priced bottled water in order to strengthen consumer interest in healthier beverages.

Some of the key companies in the market are Mountain Valley Spring Water; Nestlé S.A.; Tata Global Beverages; Danone Waters of America, Inc.; PepsiCo, Inc.; Gerolsteiner Brunnen GmbH & Co. KG; RHODIUS Mineralquellen und Getränke GmbH & Co. KG; Nongfu Spring; Bisleri International Pvt. Ltd.; and The Coca-Cola Company.

Access Research Report of Bottled Water Market@ www.grandviewresearch.com/industry-analysis/bottled-water-market

Further key findings from the study suggest:

·       The spring bottled water segment accounted for revenue share of over 17.0% in 2016

·       Mineral bottled water accounted for the largest market share in 2016 and is expected to witness a CAGR of 7.3% over the forecast period. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling water

·       Sparkling bottled water witnessed a share of 8.0% in 2016 and is expected to witness a significant growth over the forecast period owing to increasing demand for alternatives for carbonated beverages

·       Asia Pacific is likely to be the dominant regional market for bottled water over the forecast period. Rising population coupled with rapid urbanization in countries such as India, China, Indonesia, and Malaysia is likely to be the key driver for the market

·       Regional expansion and R&D are the key strategies adopted by most of the key companies to strengthen their market position

·       In November 2017, The Coca-Cola Company launched its bottled water brand Kinley in Nepal in order to gain domestic market share. In March 2017, Nestlé Waters collaborated with Danone and Origin Materials to develop PET plastic bottles, which were made from 100% renewable and sustainable resources.

Grand View Research has segmented the global bottled water market on the basis of product and region:

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

·         Spring Water

·         Purified Water

·         Mineral Water

·         Sparkling Water

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

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