Hybrid Power Solutions Market to Steadily Progress at 9.5% CAGR from 2017 to 2025

The Report Hybrid Power Solutions Market Analysis By System Type, By Power Rating (Up to 10kW, 11kW - 100kW, Above 100kW), By End-use (Residential, Commercial, Telecommunication), And Segment Forecasts, 2018 - 2025

The global hybrid power solutions market is expected to be valued at USD 1.35 billion by 2025, according to a new report by Grand View Research, Inc. Hybrid power solutions are increasingly used owing to advantages such as less fuel consumption and low electrification rates. 

Hybrid power solution systems incorporate more than one type of power source and designed for the generation of centralized electricity grid. They are used to provide energy to many remote areas in developing countries such as India. In addition, the system possesses an ability to offset disadvantages such as fuel flexibility, CO₂ emissions, and reliability. The systems are manufactured to achieve desired attributes at lower cost and maximum efficiency, which in turn is expected to fuel the market growth over the forecast period.

Solar-diesel system type was the largest segment in 2016 and valued at USD 216.1 million. The solar energy and diesel hybrid systems provide energy by using solar irradiance, which is both free & abundant. These systems can be used in various industrial applications such as road lighting and fishing boats. In comparison to gensets systems, solar-diesel provide numerous advantages as they have the capability to minimize CO2 emissions and also reduce the risks associated with increasing fuel prices.

Several companies in the U.S., such as Bergey Wind Power Company (BWC); Integrated Power Corporation (IPC); and New World Power Corporation (NWPC), are investing heavily in the product and market development activities, which includes the development of equipment necessary for providing electricity to remote areas. In a bid to lure more customers, companies are focusing on novel product development.

Access Research Report of Hybrid Power Solutions Market @ http://www.grandviewresearch.com/industry-analysis/hybrid-power-solutions-market

Further key findings from the report suggest:

·       The global hybrid power solutions market was valued at USD 1,352.4 million by 2025 and is estimated to denote a CAGR of 9.5% from 2017 to 2025

·       The global demand for wind-diesel system type was valued at USD 180.4 million in 2016. The segment is anticipated to record steady growth over the next 8 years.

·       Commercial sector is anticipated to be the fastest-growing segment, by end use, ascending at a CAGR of 9.9% over the next 8 years

·       The Middle East and Africa is anticipated to progress at a CAGR of 9.6% over the forecast period. Growing government initiatives toward power generation through renewable sources are expected to boost the demand for solutions in the coming years.

·       Key players of the market include Siemens AG; SMA Solar Technologies AG; Danvest Energy A/S; Alpha Power Solutions; and PFISTERER Holding AG. These players often engage in the research & development activities in order to expand their product portfolios and gain larger market shares.

Grand View Research has segmented the global hybrid power solutions market on the basis of system type, power rating, end use, and region: 

System Type Outlook (Revenue, USD Million; 2014 - 2025)

·         Solar-Diesel

·         Wind-Diesel

·         Solar-Wind-Diesel

·         Others

Power Rating Outlook (Revenue, USD Million; 2014 - 2025)

·         Up to 10kW

·         11kW-100kW

·         Above 100kW

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

·         Residential

·         Commercial

·         Telecommunication

·         Others

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

Oxygen Scavengers Market Industry Size, Driving Demands, and Market Share of Various Stakeholders by 2025

The global oxygen scavengers market size is expected to be worth USD 2.67 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for fresh, healthy, and quality packaged food is likely to propel market growth. The oxygen absorption properties offered by scavengers help in retaining the quality of various consumable products.  

The demand for oxygen scavengers in food and beverage industry is witnessing a rise as they provide protection from various microorganisms, spoilage, color & nutrient loss, and rancidity of food. Food products, such as vegetables, fruits, dairy products, and processed foods, are perishable in nature and require protection from atmospheric oxygen. Other food products such as nuts, bakery items, and several beverages also require protection to extend their shelf life and reduce food wastage.

Additionally, augmenting demand from chemical and pharmaceutical industries is anticipated to accelerate the market growth.  Rising research & development activities and various government regulations are likely to trigger the production, thereby driving the market demand. Due to the expanding uses of oxygen scavengers, a large number of manufacturers are inclined toward the market for the development of less toxic scavengers in an attempt to stay competitive.  

Metallic oxygen scavengers accounted for 63% of the global market in 2016. The demand can be attributed to the widespread use, fast reaction, better quality, and cost-effectiveness of these scavengers. Non-metallic scavengers are likely to be used where metal detection poses a problem. The scavengers are used for dietary products that require the avoidance of contact with iron. The technological advancements in the market to develop advanced packaging solutions are likely to fuel the market demand over the forecast period.  

North America is the leading market for oxygen scavengers owing to the growing concerns among the consumers regarding the safety and wastage of food. Extensive research & development carried out by leading manufacturers to develop packaging techniques to offer protection from outside oxygen in countries such as the U.S. and Canada is anticipated to propel market growth. Countries such as Germany, France, China, India, and Japan are also rapidly developing markets for oxygen scavengers.

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

Further key findings from the report suggest:

·       The market is likely to register a CAGR of 4.9% from 2017 to 2025 on account of increasing awareness as well as health and safety concerns among the consumers. In terms of revenue, food and beverage segment is expected to denote the highest CAGR from 2017 to 2025 owing to expanding applications in the sector for oxygen scavengers in developed as well as emerging countries.

·       North America was valued at USD 580.4 million in 2016 and is expected to witness significant development on account of rising demand for fresh food that is healthy and can restore its nutrient value for a longer period of time

·       Key market players include BASF SE; Baker Hughes; Innospec Inc; Arkema Group; Accepta Ltd.; Clariant International Ltd.; Eastman Chemical Company; Sealed Air Corporation; PolyOne Corporation; Kemira OYJ; Mitsubishi Chemical Corporation; and Plastichem (PTY) LTD. The companies mainly focus on extensive innovation and increasing their production capacities to meet the global demand.

Grand View Research has segmented the oxygen scavengers market on the basis of type, end use, and region:

Type Outlook (Revenue, USD Million; 2014 -2025)

·         Metallic

·         Non-metallic

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

·         Food & Beverage

·         Pharmaceuticals

·         Chemicals

·         Oil & Gas

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         South & Central America

·         The 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

Pressure Pumping Market Is Expected To Accomplish A Valuation Of Around USD 75.1 Billion By 2025

The global pressure pumping market size is expected to reach USD 75.1 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.1% during the forecast period. Rising exploration & production (E&P) in unconventional oil & gas reserves including shale basins is estimated to spur the growth of the market.

Increasing prominence of unconventional reserves including coalbed methane (CBM), shale, tight oil, and tight gas is likely to drive the market over the next few years. Advancements in extraction techniques are also helping E&P companies in increasing the yield in scanty profit regions such as the Arctic region and ultra-deep seas.

Governments of countries that support natural gas E&P from conventional (oil, gas, and coal), as well as unconventional sources (shale, CBM, and tight gas) are undertaking several regulatory initiatives to promote hydraulic fracturing. This is leading to upsurge in use of hydraulic fracturing for the development of unconventional sources.

Stable prices in 2017 and an upswing in upstream oil & gas investments are likely to augment the demand for pressure pumping operations over the forecast period. Number of coil tubing rigs in the U.S. registered an increase of nearly 3.3% from 2016 to 2017. Thus, stable oil prices, coupled with increasing number of the coiled tubing units, are expected to stoke the growth of the market over the forecast period

Pressure pumping of oil and gas formations may lead to groundwater contamination, migration of gases and fracking chemicals to surface, and contamination of surrounding air. In addition, oil obtained through pressure pumping includes chemicals used in fracking, which may increase corrosion rate in rail tank cars and pipelines. Thus, environment related concerns with the product are likely to hamper growth prospects.

Moratoriums and bans on hydraulic fracturing from regional agencies in France, Romania, Tunisia, Bulgaria, etc. are also expected to remain a major challenge for the industry. Soaring need for fossil fuels in electricity generation and transportation, however, is expected to propel the market.

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

Further Key Findings from the Report Suggest:

·       In terms of revenue, hydraulic fracturing is anticipated to reach USD 58.3 billion by 2025 at a CAGR of 4.3% from 2017 to 2025. The U.S. shale gas boom is likely to be a key factor behind the growing prominence of hydraulic fracturing

·       In terms of revenue, the cementing segment is projected to register a CAGR of 3.9% over the forecast period. Increasing number of drilled but uncompleted wells is anticipated to restrain the growth of the segment over the forecast period

·       Horizontal well type dominated the global market with a share of 82.4% in 2016. The distinct benefits of horizontal wells in terms of providing enhanced productivity are likely to influence the growth of the segment positively in the coming years

·       The North America pressure pumping market is anticipated to exceed USD 47.8 billion by 2025. Flourishing upstream oil and gas sector in the region is likely to drive the regional market over the forecast period

·       Asia Pacific is projected to witness a remarkable CAGR of 5.5% over the forecast period, with China and Australia being the key revenue contributors in the region.

·        Some of the key companies in the industry are Baker Hughes; Schlumberger Limited; Halliburton; C&J Energy Services, Inc.; Calfrac Energy Services Ltd.; Trican; and Superior Energy Services, Inc.                                        

Grand View Research has segmented the global pressure pumping market report on the basis of type, well type, and region:

Pressure Pumping Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Hydraulic Fracturing

·         Cementing

·         Others

Pressure Pumping Well Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Horizontal

·         Vertical

·         Directional

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

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         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

Emollients & Oils for Personal Care and Cosmetics Market Predicted to Witness Steady Growth During the Forecast Period

The global emollients & oils for personal care and cosmetics market size is expected to reach USD 1.54 billion by 2025, according to a report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.1% during the forecast period. This growth is attributed to the rapid emergence of new cosmetic brands, emerging economies, and rising adoption of digital technologies.

Shifting focus of business and distribution relationship for product manufacturers and ingredient suppliers is towards online sales platforms is challenging the primary sales channels. This is not only enabling ease in accessibility but is also boosting the international potential customer base. Thus, the manufacturers are increasingly focusing on digital engagement to boost the sales of cosmetics and personal care products.

Emollients and oils manufacturers are strengthening their presence across the emerging economies owing to a strong potential of growth across Asia and Middle East and Africa. These developing geographies are depicting as the source of innovation and are modernizing the personal care industry with increasing investments from major market players.

The developed regions account for a majority of share of the emollients and oils for personal care and cosmetics market owing to the presence of a large number of manufacturers and high product consumption on account of premium spending capacity.

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

Further key findings from the report suggest:

·       The skin care application is expected to hold a major market share in terms of volume whereas the deodorant application segment is expected to register the highest growth rate in terms of revenue during the forecast period

·       In 2017, Europe was the largest consumer of emollients and oils for personal care and cosmetics market

·       Asia Pacific is expected to generate revenue around USD 450 million by 2025 owing to increasing manufacturing base across the region

·       Some of the key market players are The Lubrizol Corporation; Evonik Industries AG; Innospec, Inc.; BASF SE; and Stephenson Group Limited.

Grand View Research has segmented the global emollients and oils for personal care and cosmetics market on the basis of application and region:

Emollients & Oils for Personal Care & Cosmetics Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Sun care

·         Deodorants

·         Skin care

·         Hair care

·         Others

Emollients & Oils for Personal Care & Cosmetics Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         MEA

·         CSA

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

Wax Market Set to Surge Significantly During the Forecast Period

The global wax market size is projected to reach USD 12.89 billion by 2025 registering a CAGR of 3.7%, according to a new report by Grand View Research, Inc. Robust growth of printing ink and coating industry and wide acceptance of synthetic wax are expected to drive the market over the forecast period. Several features of wax, such as rub, scratch & mark resistance and water repellency, enable its usage in numerous applications in coating and printing industry. It is used as an additive to a variety of inks including lithographic, flexographic, letterpress and gravure.

Crude oil is used as raw material for the production of petroleum-based derivatives, such as paraffin wax. New process of crystallization has been used by Sulzer Ltd. to refine paraffin from the byproducts that are obtained from synthetic fuel production. Indian Institute of Petroleum, one of constituent laboratories of the Council of Scientific and Industrial Research in India, has developed a new technology with which paraffin wax can be yielded from waste plastics. Moreover, rapidly expanding personal care, pharmaceutical, food, and polymer processing sectors are likely to boost the demand further.

On the other hand, tight supply of raw materials may have a negative impact on the market. However, technological breakthrough is expected to augment growth of the mineral wax industry. Presence of numerous global and regional producers has made the industry concentrated in terms of quality of products, innovations, marketing strategies, product positioning, and more. Prominent market participants are strengthening their market position through product innovation, product diversification, and acquiring business assets of local companies.

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

Further key findings from the study suggest:

·       The global market volume exceeded 4,900 kilotons in 2018 and is projected to expand at an estimated CAGR of 3.3% from 2019 to 2025

·       In terms of volume, mineral wax held the largest share of 73.96% in 2018. Demand for petrolatum in pharmaceutical products will drive the segment over the forecast period

·       The industry is likely to witness intense competition due to increased production capacity of major companies and threat of backward and forward integration to capture the market

·       North America led the wax market in 2018 owning to growth of cosmetics and personal care industry and increased product demand in candle manufacturing industry

·       Key industry participants are Sinopec Corp., Evonik Industries AG, The China National Petroleum Corp. (CNPC), ExxonMobil Corp., Royal Dutch Shell Plc, HollyFrontier Corp., and BASF SE

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

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

·         Mineral Wax

·         Synthetic Wax

·         Natural Wax

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

·         Candles

·         Packaging

·         Plastic & Rubber

·         Cosmetics & Toiletries

·         Fire Logs

·         Adhesives

·         Others

Wax 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