Automotive Stainless Steel Tube Market is Projected to Witness the Highest CAGR of 3.9% from 2016 to 2024

The global automotive stainless steel tube market is projected to reach USD 4.72 million by 2024, according to a new report by Grand View Research, Inc. Growing automotive industry is projected to be the biggest driver of this market over the forecast period.

The market is segmented on the basis of product into welded and seamless. Advantages such as high strength, resistance to shocks due to collisions and high energy absorption capacity have increased the popularity of stainless steel tube in automotive applications.

Welded stainless steel tube was widely used in the automotive industry in 2015. These are readily available in the market and are less expensive than the seamless tube, making them popular among automobile manufacturers. Asia Pacific is projected to be the fastest-growing region over the forecast period.

In the automotive sector, where steel tubes are exposed to extreme temperatures and pressures, seamless products play an important role courtesy their high corrosion and heat resistant properties. These find applications in important automobile components such as fuel supply systems and gearboxes.

Access Research Report of Automotive Stainless Steel Tube Market@ www.grandviewresearch.com/industry-analysis/automotive-stainless-steel-tube-market

Further key findings from the report suggest

·       Welded stainless steel tube is projected to witness an increase in demand due to their low price and high reliability and are expected to grow at a CAGR of 3.6% from 2016 to 2024

·       The market was dominated by Asia Pacific in 2015 and is projected to witness the highest CAGR of 4.4% from 2016 to 2024 owing to presence of major automobile manufacturers such as Honda, Hyundai, Tata Motors, and Toyota Motors in the region

·       Europe accounted for a revenue share of over 20% in 2015 and is expected to witness considerable growth on account of growing vehicle demand in Germany, Italy, and UK

Grand View Research has segmented the automotive stainless steel tube market on the basis of product and region:

Product Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         Welded Automotive Stainless Steel Tube

·         Seamless Automotive Stainless Steel Tube

Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Central & South 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

Strapping Materials Market To Reap Over USD 7.5 Billion In Revenues By 2025: Grand View Research Inc.

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

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

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

Photocatalyst Market is Expected to Hit at a CAGR of 11.5% in terms of Revenues by 2025: Grand View Research Inc.

The global photocatalyst market is expected to reach USD 4.58 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for photocatalysts as a self-cleaning material in construction industry owing to their low maintenance cost is expected to propel growth.

At present, the industry is in its nascent stage, with few manufacturers. Japan is expected to lead the industry, owing to the early adoption of the technology. In addition, high investment in R&D pertaining to the product coupled with several patents by the Japanese researchers are key factors contributing to the high growth.

The industry was dominated by the TiO₂ photocatalysts, owing to early research on this product. However, initiatives taken by the manufacturers to develop innovative photocatalysts materials using zinc oxide (ZnO), and cadmium sulfide (CdS) is likely to challenge the existing material and open new avenues for the industry growth over the projected period.

The product has the ability to decompose organic compounds, which makes them suitable for air purification and water treatment application. Furthermore, in building and construction, the technology through its self-cleaning mechanism acts as a barrier for dust and stains, which is expected to propel growth over the next eight years.

High initial investment in the commercial manufacturing of photocatalysts coupled with proprietary on the existing technology by the manufacturers and researchers are expected to be the key barriers for the new entrants. However, wide scope in R&D for innovative technology development is expected to compel new players to invest in the business.

Access Research Report of Photocatalyst Market@ www.grandviewresearch.com/industry-analysis/photocatalyst-market

Further key findings from the report suggest:

·       Titanium dioxide accounted for over 85% of the global demand as the compound is inexpensive, and has a high chemical stability on account of which it is a preferred material as a photocatalyst in several application industries

·       Self-cleaning application dominated the industry and is expected to be the fastest growing application, accounting for 51.9% of the overall demand in 2016 owing to its superior property including eliminating unwanted plants

·       The demand in Europe was valued at USD 400.8 Million in 2016 and is expected to witness significant growth over the projected period owing to economic recovery and growing building & construction industry in the region

·       Japan is projected to witness a growth of 9.2% over the forecast period with the industry growth primarily driven by self-cleaning owing to increasing technological advancements in the sector

Grand View Research has segmented the photocatalyst market on the basis of material, application, and region:

Material Outlook (Revenue, USD Million, 2014 - 2025)

·         Titanium Dioxide

·         Zinc Oxide

·         Others

Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Self - Cleaning

·         Air Purification

·         Water Purification

·         Others

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

·         North America

·         Europe

·         Japan

·         Rest of Asia Pacific

·         Rest of World

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

Aluminum Composite Panels Market Expected to Witness a CAGR of 6.4% through 2025

The global aluminum composite panels market size is expected to reach USD 8.27 billion by 2025 registering a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Superior properties of ACPs, including corrosion and wear resistance and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry. Thus, rapid growth of the construction and infrastructure industries, most notably in emerging economies, is expected to drive the market. Growing automotive production in emerging countries coupled with rising usage of ACPs, as they are lighter than steel, is expected to benefit the overall market growth.

In addition, recyclability of automotive aluminum scrap is also likely to provide impetus to the consumption of product in automotive application. Eco-friendly characteristics of ACPs coupled with increasing adoption of green buildings is projected to fuel the product demand over the forecast period. Thermal and acoustic insulation offered by the product is also projected to increase its applications in modern construction. The market is moving towards consolidation on the back of the increasing application scope of the product. However, lack of process integration and competitive pricing strategies are expected to keep the competitive rivalry high in the global market over the forecast period.

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

Further key findings from the study suggest:

·       The global aluminum composite panels market was valued at USD 5.34 billion in 2018 and is expected to grow significantly during the forecast years due to rising product application scope in the construction industry

·       PVDF was the largest product segment in 2018 and is estimated to expand further due to high product demand as a result of superior properties, such as resistance to wear & tear, UV, and corrosion

·       The construction sector is anticipated to witness the highest CAGR over the forecast period on account of rapidly expanding construction industry in emerging economies, such China, India, and Brazil

·       Passenger cars emerged as the largest end-use segment in 2018 on account increased usage of ACPs as they are lighter than steel

·       The Asia Pacific market is projected to register the maximum CAGR of 7.3% over the estimate period primarily due to increased infrastructure development and construction activities in the region

Grand View Research has segmented the global aluminum composite panels market on the basis of product, application, vehicle type, and region:

Aluminum Composite Panels Product Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

·         PVDF

·         Polyester

·         Laminating Coating

·         Oxide Film

·         Others

Aluminum Composite Panels Application Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

·         Construction

·         Automotive

·         Advertisement Boards

·         Railways

·         Others

Aluminum Composite Panels Vehicle Type Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

·         Passenger Cars

·         Light Commercial Vehicles (LCVs)

Aluminum Composite Panels Regional Outlook (Volume, Million Sq. ft., 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

Adult Diapers Market Value Expected To Increase at a CAGR of 12.7% from 2019 to 2025

The global adult diaper market size is poised to reach USD 28.65 billion by 2025, progressing at a CAGR of 12.7% from 2019 to 2025, according to a study conducted by Grand View Research, Inc. The market is primarily driven by rising prevalence of urinary incontinence among geriatric populations across the world. This is a widespread global disease resulting from obesity, urinary tract infection, and hysterectomy, among others. Adult diapers offer maximum absorbency and protection for those who suffer from aforementioned conditions. Moreover, extensive urbanization, development of the healthcare sector, and increasing awareness regarding the usage of adult diapers for urinary incontinence are projected to provide an upthrust to the market.

Owing to technological advancements, newer variants of adult diapers are being introduced in the market that are not only thinner but also offer improved skin-friendliness and odor control properties. A notable example of such a technologically-advanced product is smart diapers. These diapers resemble the typical disposable diaper in appearance, but are fitted with a small IoT device that has an embedded sensor to detect wearer’s bladder. When it determines that the body is gearing up to pass urine, it triggers an alarm. Innovations like these are anticipated to drive the market over the forecast period.

Moreover, ever-increasing demand for new features in adult diapers, such as perfect body fit, skin-friendliness, superior absorption, elasticity, and odor-free, is estimated to shape the future of the adult diapers market. Additionally, numerous marketing strategies and launches of new and unique products by key market players are expected to boost revenues of companies operating in the adult diapers market. For instance, in 2018, Willow started an online boutique for adult diapers, thereby boosting the growth of the adult diapers market.

However, an array of treatment options such as collagen injections or electrical stimulation are likely to inhibit the growth of the market. Since adult diapers are bulky and costly, several people across the globe prefer to treat incontinence using other methods, which in turn, is poised to hinder adult diaper market growth over the forecast period.

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

Further key findings from the study suggest:

·       The pant/pull-up type segment is projected to post a CAGR of 15.8% over the forecast period. This growth can be attributed to numerous benefits offered by these diapers such as high coverage, increased absorbency, long hour protection, ease of availability, and high comfort level

·       Increasing disposable incomes coupled with rising awareness regarding maintaining sanitation and personal hygiene are estimated to spur the growth of the Asia Pacific regional market at a CAGR of over 17.0% from 2019 to 2025

·       The market is characterized by the presence of several key players including Kimberly-Clark Corporation; Procter & Gamble; Attends Healthcare Products, Inc.; and Unicharm Corporation

·       Several manufacturers in the global adult diapers market are focusing on informing individuals about importance of personal hygiene and sanitation when using an adult diaper and benefits offered by the product.

Grand View Research has segmented the global adult diapers market based on product and region:

Adult Diapers Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Pad Type

·         Pant/Pull-up Type

·         Tape on Diapers

·         Others

Adult Diapers Regional Outlook (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