Demand for Oleoresin Market to Incur Considerable Upsurge During the Forecast Period

The global oleoresin market size is expected to reach USD 1.99 billion by 2025 registering a CAGR of 4.7%, as per a new report by Grand View Research Inc. Growing demand for flavors & fragrances used in food & beverages and for natural personal care products created using numerous aroma compounds and essential oils are expected to foster market growth. Rapidly expanding food & beverages industry is also contributing to the market growth.

New product launches, growing number of retail stores, economic prices of convenient food and personal care products are expected to be highly influential factors for market growth. Increasing usage of flavors in the pharmaceutical, dietary supplements, and nutraceutical products is also projected to augment the demand. Major manufacturers have strategically established their facilities in close proximity to regions with high production of spices to maintain a consistent supply of raw materials. For instance, India is the largest producer and exporter of a wide variety of spices and their derivatives as well as culinary herbs.

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https://www.grandviewresearch.com/industry-analysis/oleoresins-market

Further key findings from the study suggest:

·       China is one of the major producers of paprika and is expected to harvest higher quantities in the coming years due to an increase in the cultivation area of paprika in Xinjiang province

·       Retail stores have competitive advantage in terms of proximity to end consumers along with loyal customer base

·       Increasing consumption of processed food & beverages due to busy lifestyles will drive the demand for flavors & fragrances

·       Moreover, increasing disposable income in developing economies is projected to augment the demand for fragrances used in cosmetics, toiletries, perfumes, and soaps & detergents

·       Stringent federal regulations regarding farming and cultivation as well as environmental impact of these operations have restricted excess farming activities and decreased the supply of crops for the production of essential oils, which is likely to restrain the oleoresin market growth over the forecast period

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

Oleoresin Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Paprika

·         Black Pepper

·         Capsicum

·         Turmeric

·         Ginger

·         Garlic

·         Onion

·         Others

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

·         Food & Beverages

·         Flavors

·         Pharmaceuticals

·         Others

Oleoresin Regional Outlook (Volume, Kilotons; 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

Textile Chemicals Market: Advanced Technologies and Growth Opportunities Worldwide By 2025

The global textile chemicals market value is anticipated to exceed USD 30.70 billion by 2025, according to a new report by Grand View Research, Inc. The rising consumer demand for innovative and styled clothing products is expected to be a key factor steering the market growth in the coming years.

Due to increased disposable income and high purchasing power especially in the emerging economies such as China, India, Russia, and Brazil is anticipated to result in increased demand for textile chemicals in the next eight years. However, stringent regulatory laws implemented on the usage of fabric chemicals due to its hazardous impact on environment and human health is expected to remain a critical challenge for the manufacturers.

Home furnishing applications dominated the textile chemicals market with demand exceeding 3,600 kilo tons in 2015. Apparel segment accounted for over 25% of global revenue in 2015. Increasing usage of specialty chemicals in emerging application segments such as medical, industrial, and construction textiles is expected to further boost the market growth in the next eight years.

Access Research Report of Textile Chemicals Market@ www.grandviewresearch.com/industry-analysis/textile-chemical-market

Further key findings from the report suggest:

·       The global textile chemicals demand was 9.78 million tons in 2015 and is estimated to grow at a CAGR of 3.4% over the forecast period to reach a total market size exceeding 13 million tons by 2025

·       Coating and sizing chemicals was the largest consumed product category with a total worth of USD 6,353.5 million in 2015 while accounting for just over 30% of the global demand in 2015

·       Asia Pacific textile chemicals industry is expected to witnessed the fastest growth and is expected to grow at a CAGR of 4.2% from 2016 to 2025. Expansion of key textile manufacturing players in the region, coupled with increasing domestic consumption of novel textile products is expected to support the region to maintain its dominance over the forecast period.

·       Technical textile application segment is estimated to witness the fastest growth over the next nine years. The U.S. product market in the segment is anticipated to grow at a CAGR of 3.8% from 2016 to 2025 to reach a net worth of USD 930.1 million by 2025

·       The global industry is discreetly fragmented with the top five enterprises accounting for over 50% of the total revenue in 2015. Major companies identified in this industry include BASF, Dow Chemical Company, Bayer AG, Huntsman International LLC and Sumitomo Chemicals Co. Ltd.

Grand View Research has segmented the textile chemicals market on the basis of product, application and region:

Textile Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 - 2025)

·         Coating & Sizing Chemicals

·         Finishing Agents

·         Surfactants

·         Desizing Agents

·         Bleaching Agents

·         Scouring Agents

·         Yarn Lubricants

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

·         Apparel

·         Automotive fabric

·         Home furnishing

·         Technical textiles

·         Others

Textile Chemicals 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

Marine Lubricants Market Expansion to Gain Robust Traction by 2025

The Report Marine Lubricants Market Size, Share & Trends Analysis Report By Product (Engine Oil, Hydraulic Oil, Gear Oil, Turbine Oil, Greases), By Region (North America, Europe, APAC), Competitive Landscape, And Segment Forecasts, 2018 - 2025

The global marine lubricants market size is expected to reach USD 9.32 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% during the forecast period. Growing concerns regarding oceanic pollution caused by improper engine function and subsequent demand for fuel-efficient engines are estimated to trigger the growth of the market.

Marine lubricants are widely utilized in the shipping industry to help protect engines and equipment as well as enhance efficiency. These are essential high performance additives for engines, especially designed to enable optimal performance in marine operations.

Growth in international trade, removal of trade barriers being the principal reason, is encouraging developing countries to concentrate more on improvement of their infrastructure, such as roads, airports, and seaports, which play a vital role in the development of the economy. Product storage, along with capacity to move large shipments, has placed the shipping industry in a very advantageous position.

Global shipping majors, just like other segments of the conventional transport industry, are increasingly getting integrated with emerging global logistics and supply chain activities, owing to both external and internal dynamics. These factors have aided industry participants in substantially consolidating their market position and supplementing their ocean freight income, subsequently stoking the demand for marine lubricants.

Engine oils dominated the market with about 46.0% volume share in 2016. These products are widely used in high, medium, and slow speed marine engines to extend service life and protect interior components from high temperatures & pressure. Some lubricants even offer additive protection against crankcases, camshaft areas, under-crowns, and ring belts.

Other products such as refrigeration compressor oils are specifically formulated to perform in extreme temperature environments and consist of HFC, CFC, and ozone-friendly refrigerants. These lubricants significantly prevent congealing on valves. The segment is expected to rise at a 2.8% CAGR from 2017 to 2025

Access Research Report of Marine Lubricants Market @ www.grandviewresearch.com/industry-analysis/marine-lubricant-market

Further key findings from the report suggest:

·       Hydraulic oils are anticipated to emerge as the fastest growing segment with a CAGR of 2.6 % over the forecast period. These are used for extending pump life under severe conditions, maintain cleanliness, and reliable air release filterability

·       Lubricants are also utilized in gear oil for the protection of high horsepower marine engines. The product is fortified with anti-foaming agents, which prevents cavitation at high RPM’s

·       North America is projected to remain a prominent regional market, registering a CAGR of 2.4% during the forecast period. The growth of the region can be attributed to rally of the marine sector

·       Asia Pacific is likely to remain the fastest growing region with a 4.3% CAGR from 2017 to 2025. Some of the factors contributing to the growth of APAC are increasing number of ports, surging trade activities with the U.S. and other developed economies, and rapidly expanding shipbuilding sector

·       Major industry participants are increasingly engaging in R&D, strategic collaborations, new product launches, and other strategies in order to consolidate their positions in the market.

Grand View Research has segmented the global marine lubricants market on the basis of product and region:

Marine Lubricants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Engine Oil

·         Hydraulic Oil

·         Gear Oil

·         Turbine Oil

·         Greases

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Latin 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

Polyurea Market Is Projected To Reach Approximately $936.7 Million By 2022

The global polyurea market size is expected to reach USD 1.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Increasing importance of spray-based elastomeric coatings in the automotive and construction industries on account of providing fast cure time is expected to remain a favorable factor for the growth. In addition, rising importance of waterproofing membrane in civil construction and residential structures is expected to augment the use of sealing materials and thus likely to fuel demand.

Expansion of the automotive industry in China, India, and Mexico due to new product launches, along with easy access of raw materials, is expected to fuel the demand for polyurea coatings. These coatings exhibit good rust prevention and excellent build-crack resistance. Surging demand for eco-friendly coatings in the automotive industry on account of rising concerns over greenhouse gas emissions is fueling the growth. Demand for the polymer in transportation applications is anticipated to reach 32.4 kilo tons by 2025.

Rising expenditure on usage of lining systems for environment protection on account of stringent regulations aimed at mitigating the pollution problems is expected to fuel product demand. However, increased usage of polyolefin-based lining systems, including HDPE and LDPE, in the construction and mining sectors on a global level is expected to remain a credible threat over the next few years.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/polyurea-market

Further key findings from the study suggest:

·       The market volume was pegged at 133.2 kilo tons in 2018 and is expected to reach over 180.7 kilo tons by 2025. Enhanced material characteristics and increasing awareness pertaining to its application are expected to drive the polyurea market over the forecast period

·       Aliphatic compounds are capable of providing light stability, along with exceptional UV protection. Manufacturers use aliphatic compounds such as isophorone diisocyanate (IPDI) and hexamethylene diisocyanate (HDI) for the production of finished products used as coatings, sealants, and lining materials. The global aliphatic demand is expected to exceed 50 kilo tons by 2025

·       Demand for adhesives and sealants was 12.9 kilo tons in 2018. Surging application of adhesive as a substitute to metal fastener in automobiles for reducing the overall car weight and improving fuel efficiency is expected to play a crucial role in accelerating market growth

·       The coatings segment in U.S. is expected to expand at a CAGR of 4.8% from 2019 to 2025 in terms of revenue. Gains in the automotive industry of U.S. on account of increasing domestic consumption of four-wheelers, particularly SUVs, are expected to promote the application of coatings and thus likely to augment growth

·       The market in Asia Pacific was valued at USD 198.3 million in 2018. Expansion of the construction industry in China and India on account of rising government spending on infrastructure improvement as a part of 12^th Five Year Plan is expected to fuel demand

·       Major market players include BASF; Bayer; Huntsman; Versaflex; Specialty Products, Inc.; Nukote; and SWD Urethane. The market is characterized by new product development and establishment of strategic partnerships with buyers.

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

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

·         Aromatic

·         Aliphatic

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

·         Coating

·         Lining

·         Adhesives & Sealants

·         Others

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

·         Construction

·         Industrial

·         Transportation

·         Others

Polyurea 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