Wood Adhesives Market Exhibit a Steady 4.5% CAGR through 2025

The global wood adhesives market is expected to reach USD 6.18 billion by 2025, according to a new report by Grand View Research, Inc. Recovery in the global housing market and increasing consumer spending on luxury furniture and home décor has prompted higher investments in lightweight and convenient bonding materials such as wood adhesives.

The demand for timber furniture and plywood building materials has risen significantly owing to their high aesthetic appeal and compatibility with numerous substrates. This in turn has driven investments in superior processing & bonding technologies to foster mass production and meet growing global demand.

Adhesives have replaced conventional bonding materials such as metal fasteners owing to their ease of process ability, faster curing time and relative low production costs. Conventional glues formulated using synthetic chemicals such as formaldehyde are increasingly being substituted with sustainable alternatives based on organic sources, which has contributed to industry growth in recent years.

Urea-formaldehyde products are expected to retain their dominance owing to their highly durable nature after setting & hardening. The product occupied over 40% of the volume share in 2015 and is forecasted to grow at 4.4% CAGR from 2016 till 2025.

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

Further key findings from the report suggest:

·       Melamine urea-formaldehyde (MUF) products are another dominant category in the industry, and are expected to grow on account of their compatibility & effectiveness on exterior timber panels & laminate preparation

·       Flooring & plywood are expected to remain the dominant application with over 33% of the revenue share in 2015. Rising construction spending in emerging economies & the recovery of the residential & housing sector in North America has contributed significantly to timber demand in these applications.

·       Furniture is expected to emerge as a fast-growing application with 3.3% CAGR from 2016 to 2025. Expansion of the furniture and woodworking industries, along with government initiatives encourage domestic production in emerging economies such as the ‘Make in India’ scheme has encouraged manufacturers to opt for easily available bonding materials.

·       Asia Pacific is anticipated to grow at the highest CAGR of 4.8% in terms of revenue, since numerous European & American manufacturers are establishing production bases in the region to tap lucrative potential

·       The industry is characterized by the presence of major multinationals including Wanhua Chemical Group, LonKoll, Henkel, Lubrizol Corporation, HB Fuller Company, Casco Adhesives AB, Dana Lim A.S., Bostik Adhesives, GP Chemicals, AkzoNobel, Franklin Adhesives & Polymers, Royal DSM, Dynea, and Surfactant Industries among others.

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

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

·         Urea-Formaldehyde

·         Melamine Urea-Formaldehyde

·         Phenol-Formaldehyde

·         Isocyanate

·         Polyurethane

·         Polyvinyl Acetate

·         Soy-based

·         Others

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

·         Flooring & Plywood

·         Furniture

·         Doors & Windows

·         Housing Components

·         Others

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

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    France

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Mexico

o    Brazil

·         Middle East & Africa

o    Saudi Arabia

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

Steam Turbine Market to Reflect Robust Expansion During the Forecast Period: Grand View Research Inc.

The Report Steam Turbine Market Analysis By Capacity (<120 MW, 121-350 MW, 351-750 MW, >750MW), By Application (Power & Utility, Industrial), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa) And Segment Forecasts, 2018 - 2025

The global steam turbine market is expected to reach USD 15.48 billion by 2025, according to a new report by Grand View Research, Inc. Steam turbines have been a key part of the global power generation systems from past. However, factors such as limited primary energy sources, increasing awareness regarding environmental pollution, etc. has resulted in rising need towards developing efficient steam turbines.

Steam turbines are now popularly used for combined heat & power (CHP) systems, mainly employed in industrial applications. CHP units offer greater efficiency & flexible output and also operate on cleaner fuels such as natural gas. Legislative support towards CHP installation is expected to foster small and medium capacity steam turbines demand over the forecast period.

The performance of the steam turbine greatly influences the overall efficiency, and for the same, market participants focus on improving the turbine efficiency. Companies such as GE have implemented a number of programs focusing on material development. Re-heat technology is another aspect which GE has revealed to have achieved a break through. The company is also working on double re-heat technology which is expected to significantly boost the system efficiency.

Access Research Report of Steam Turbine Market@ http://www.grandviewresearch.com/industry-analysis/steam-turbine-market

Further key findings from the report suggest:

·       The global steam turbine market capacity was 103.16 GW in 2015 and is expected to reach 121.27 GW, growing at a CAGR of 1.6% from 2016 to 2025

·       Steam turbines with <120 MW capacity is expected to be the fastest growing segment on account of increasing demand for small capacity CHP units

·       Power & Utilities is expected to emerge as the largest application segment and accounted for over 70% of total capacity in 2015

·       Industrial application segment is expected to witness the highest growth of 3.3% in terms of revenue over the forecast period

·       Asia Pacific was the leading regional market with capacity share exceeding 50% in 2015

·       Asia Pacific is also expected to witness the fastest growth of 3.2% over the forecast period owing to rapid industrialization and increasing focus on thermal power plants to fulfill increasing electricity demand.

·       Siemens is expected to emerge as the largest player in the industry and is anticipated to hold over 20% of the market share

·       Other companies operating in the market space include General Electric Co., Mitsubishi Heavy Industries Ltd., Toshiba, Ansaldo, Hitachi, Dresser-Rand

Grand View Research has segmented the steam turbine market on the basis of capacity, application and region:

Global Steam Turbine Capacity Outlook (Volume, Mega Watt; Revenue, USD Million, 2014 - 2025)

·         <120

·         121-350

·         351-750

·         >750

Global Steam Turbine Application Outlook (Volume, Mega Watt; Revenue, USD Million, 2014 - 2025)

·         Power & Utility

·         Industrial

·         Others

Steam Turbine Regional Outlook (Volume, Mega Watt; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Middle East and Africa

·         Central & South America

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

Hydrophobic Coatings Market to Reflect a Holistic Expansion During the Forecast Period

The Report Hydrophobic Coating Market Size & Forecast By Property (Anti-Microbial, Anti-Icing/Wetting, Anti-Fouling, Anti-Corrosion, Self-Cleaning), By Application (Aerospace, Automotive, Construction, Medical, Optical), By Region And Trend Analysis From 2018 To 2025

The hydrophobic coatings market is projected to reach USD 2.33 billion by 2025, according to a new report by Grand View Research, Inc. The demand for hydrophobic coatings is expected to grow on account of the increasing utilization in various application industries including automotive and construction. The growing emphasis on infrastructure development coupled rising standard of living in developing economies is expected to have a positive impact on the automotive and construction industry growth. As a result, the demand for the compounds is expected to witness significant growth over the next nine years.

The increasing investment in research & development by key players in the market to enhance the product characteristics is expected to be a key strategy in increasing their market share. However, high cost of the technology attributed to the product is expected to restrain growth over the forecast period.

Access Research Report of Hydrophobic Coatings Market @ http://www.grandviewresearch.com/industry-analysis/hydrophobic-coating-market

Further key findings from the report suggest:

·       Anti-corrosion hydrophobic coatings accounted for over 24% of the revenue share in 2015. The increasing utilization in automotive, construction, medical and aerospace industry is expected to drive the market over the forecast period. Growing use of the product in automotive industry in coating the exterior metal and the glass components is expected to have a positive impact on growth.

·       Antifouling coatings demand in the market was valued at USD 146 million in 2015. These coatings are expected to gain share on account of the extensive utilization in the marine industry. These compounds are used on the exterior hull of the ship to reduce the impact of aquatic vegetation which affects the longevity of the ship.

·       Hydrophobic coatings are replacing hydrophilic compounds in automotive industry. Rising penetration of the product in the industry on account of superior properties is likely to drive demand over the forecast period. Furthermore, growing automotive industry in developing economies is expected to aid the hydrophobic market growth particularly in Asia Pacific and Middle East & Africa.

·       Hydrophobic coatings demand in Asia Pacific is expected to grow at a CAGR of over 7% from 2016 to 2024. Growing application industries in the region is expected to drive demand over the forecast period. High production volume in China and India is expected to be the vital aspect for the growth in the two countries.

·       Key players include BASF SE, Aculon Inc., 3M, AkzoNobel N.V., and Accucoat Inc. BASF SE has recently started manufacturing hydrophobic coatings for construction industry under the brand name MasterProtect. Leading manufacturers are involved in collaboration in order to increase their industry presence.

Grand View Research has segmented the hydrophobic coatings market on the basis of property, application and region:

Hydrophobic Coatings Market Property Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         Anti-microbial

·         Anti-icing/wetting

·         Anti-fouling

·         Anti-corrosion

·         Self-cleaning

·         Others

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

·         Aerospace

·         Automotive

·         Construction

·         Medical

·         Optical

·         Others

Hydrophobic Coatings Market Regional Outlook (Volume, 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

Saffron Market to Grow At a Highest CAGR of 12.0% from 2016 to 2025: Grand View Research Inc.

Saffron Market Analysis By Application (Food, Medical, Cosmetics), By Region (North America, Europe, Asia Pacific, South & Central America, Middle East & Africa, And Segment Forecasts, 2018 - 2025

The global saffron market is expected to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising product use in food applications as a flavoring and coloring agent will augment growth over the next nine years.

The product is being employed in medical applications to treat dry skin, cough, and asthma. Rising demand from the pharmaceutical sector on account of its antioxidant, anti-inflammatory, anti-tumor, and anti-diabetic properties is expected to have a positive impact on the industry. Growing popularity as an herbal health supplement is expected to propel product growth over the next nine years.

Rising product use in the treatment of acne, tan removal, and other skin related issues, is expected to fuel its need in the manufacturing of skin care products which in turn will fuel demand.

Increasing product use in textile and paint applications on account of properties such as oriental fragrance, natural color dyeing, and replacement of chemical color pigment respectively will propel industry development. Expansion of the perfume sector in Middle East & Africa and Asia Pacific is expected to propel product need over the next nine years.

The saffron market is a labor intensive sector along with specific agro-climatic condition requirements, which imply high production costs which in turn impact product prices. This factor may restrain industry development over the forecast period.

Access Research Report of Saffron Market@ https://www.grandviewresearch.com/industry-analysis/saffron-market

Further key findings from the report suggest

·       The market is expected to grow at a CAGR of 12.0% from 2016 to 2025 on account of increasing use in the food sector

·       Food as an application of the product will witness the fastest growth in terms of revenue at a CAGR of over 13% from 2016 to 2024 owing to its flavoring and coloring properties

·       Europe market is expected to witness significant development and was estimated at over USD 250 million in 2015 on account of rising demand from the food and healthcare sector

·       Key participants include Gohar, Rowhani., Iran Saffron Company, and Saffron Business Co.

·       Key companies are focused on increasing their global presence through the integration of supply chain.

·       In January 2017, Rowhani revised its product manufacturing schedule to implement mechanization and use scientific research to enhance product quality

Grand View Research has segmented the global saffron market on the basis of application and region:

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

·         Food

·         Medical

·         Cosmetics

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         South & Central 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

Impact of Existing and Emerging Chemical Tanker Shipping Market Trends And Forecast by 2025

The global chemical tanker shipping market is anticipated to reach USD 2.50 trillion by 2025, according to a new report by Grand View Research, Inc. The growing chemical trade on account of increasing manufacturing activities across the world is projected to augment market demand. The disparity in regional production and demand trends has triggered the global trade for chemicals and derivatives.

Organic chemicals such as acetic acid, alcohols, propene, benzene, salt, benzyl acetate, methanol, formic acid, and phenol are some of the vital substances shipped through chemical tankers across the world. The U.S., China, Germany, and Russia are some of the major exporters of chemicals and are expected to foster the global chemical trade over the coming years.

The U.S. will probably grow at a high rate on account of increasing number of fleet owners, shipbuilders & charterers, availability of raw material, and capital inflow from multinational companies. The expanding market of Asia Pacific is one the most significant areas for growth due to the presence of a large number of small manufacturers in the region.

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

Further key findings from the report suggest:

·       The global chemical tanker shipping market was valued at USD 2.07 trillion in 2016 and is estimated to grow at a growth rate of 2.1% from 2017 to 2025 to reach a market valuation of USD 2.50 trillion

·       Chemical tanker shipping market is concentrated on account of presence of considerable number of fleet operators

·       Competitive freight rates on account of easy availability of containers through freight forwarders and clearing agents places higher power in the hands of buyers

·       Deep sea chemical tanker shipments accounted for the most significant share in 2016 and is projected to grow at the highest CAGR over the coming years on account of extensive international trade

·       IMO III cargo type accounted for the largest volume share in 2016 due to high shipment of vegetable oils & fats and other non-volatile chemicals across regions

·       Asia Pacific accounted for the most significant volume share due to presence of major manufacturing counties such as China and India which have a strong foothold in the chemical industry

·       Chemical tanker shipping companies are expanding their fleets to cater to the growing chemical trade business globally. New entrants in the market are expected to result in excess supply of tankers in the industry, thereby reducing charter rates.

·       Some of the significant chemical tanker charters include Navig8 Group, Odfjell SE, Stolt Nielsen, MSC, Stena Bulk, and Maersk Tankers

Grand View Research has segmented the global chemical tanker shipping market on the basis of product, shipment route, cargo type, and region:

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

·         Organic chemicals

·         Inorganic chemicals

·         Vegetable oils & fats

·         Others

Shipment Route Outlook (Volume, Kiloton; Revenue, USD Million, 2014 - 2025)

·         Inland

·         Coastal

·         Deep sea

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

·         IMO I

·         IMO II

·         IMO III

Regional Outlook (Volume, Kiloton; 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