Synthetic Fibers Market Latest Innovations, Drivers and Industry Key Events by 2025

The global synthetic fiber market is expected to reach USD 88.5 billion by 2025, according to a new report by Grand View Research, Inc. The superior chemical, physical and mechanical properties of synthetic fibers are further expected to propel the demand over the forecast period.

In terms of revenue, polyester was the largest segment in 2016 and the trend is anticipated to continue at a growth rate of 6.3% over the forecast period. The useful chemical properties such as resistance to moisture, chemical and abrasion are expected to boost the demand among the consumers over the forecast period. Polyester has been extensively used in clothing applications on account durability, wrinkle and stain resistance. The polyester when mixed with other synthetic fibers improves the surface appearance as it imparts high luster.

Synthetic fiber is used in various applications, such as clothing, home furnishing, automotive, and filtration, as it imparts useful functional properties including heat and moisture resistance. The increasing spending capability of customers toward purchasing attractive clothing is expected to trigger the demand for various types of synthetic fibers. These factors together are anticipated to boost the demand over the forecast period.

The demand for synthetic fiber will further be driven by the growth in clothing in developed economies including the U.S., Germany, the UK, and France. E. I. du Pont de Nemours and Company announced the addition of two new testing facilities in Brazil and Singapore to test and analyze the performance of fire protective apparels. The addition of these facilities will bring the company’s total lab count to five. Other companies in synthetic fiber business are also undergoing expansion on account of increased demand from developed economies.

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

Further key findings from the report suggest:

·       Polyester segment is expected to experience the fastest growth, in terms of volume, at a CAGR of 5.4% from 2017 to 2025 as polyester finds application in various end-use industries such as clothing, home furnishing, automotive and filtration

·       Clothing was estimated as the largest application due to different types of segments across various geographies

·       The U.S. synthetic fiber market, in terms of revenue, was valued at USD 4,301.6 million in 2016 and is estimated to reach USD 6,776.7 million by 2025. The clothing industry in the U.S. is projected to witness the fastest growth over the next eight years owing to the increasing demand from customers

·       Key players including Toray Industries, Inc., E. I. du Pont de Nemours and Company, Lenzing AG, Indorama Corporation, Mitsubishi Chemical Holdings Corporation, Reliance Industries Limited, and China Petroleum Corporation have a prominent presence in the global synthetic fiber market

Grand View Research has segmented the global synthetic fiber market on the basis of type, application, and region.

Synthetic Fiber Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         Polyester

·         Nylon

·         Acrylics

·         Polyolefin

·         Others

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

·         Clothing

·         Home Furnishing

·         Automotive

·         Filtration

·         Others

Synthetic Fiber Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Taiwan

·         Central & South America

o    Brazil

·         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

Produced Water Treatment Market is Expected to Amplify $9.79 Billion Value by 2024

The global produced water treatment market is expected to reach USD 9.79 billion by 2024, according to a new report by Grand View Research, Inc. The technological advancement pertaining to water management in the oil & gas sector with an aim to not only enhance productivity but also as ensure environment protection is expected to have a positive impact on the market. Depleting reserves of crude oil in major OPEC countries including Saudi Arabia and Indonesia owing to rising capital costs in exploration & production (E&P) is expected to force oil companies to invest in alternate sources including tight oil, coalbed methane (CBM) and gas hydrates. This trend is projected to promote the usage of produced water treatment in E&P activities of alternative sources including shale gas and tight oil over the forecast period.

Offshore application is projected to account for 28.9% of total industry share by 2024. Numerous companies are focusing on expanding their market share by focusing on offshore applications. For instance, Siemens AG offers Combosep, a primary treatment system for offshore applications. This system comprises flotation units for removal of total suspended solids and oil droplets.

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

Further key findings from the report suggest:

·       Natural gas is projected to grow at a CAGR of 6.2% from 2016 to 2024. In July 2016, the government of Saudi Arabia announced Vision 2030 with an aim to increase gas production to 17.8 billion cubic feet by 2030 from 12 billion cubic feet per day in 2015. The abovementioned plan is expected to play a key role increasing the use of produced water treatment services over the projected period.

·       Primary separation technology was valued at USD 1.62 billion in 2015 and is projected to have a high market potential in hydraulic fracturing in light of increasing importance of separation equipment in hydrocyclone and corrugated plate separators.

·       Europe generated a revenue of USD 1.12 billion in 2015 and is expected to witness significant gains in light of increasing E&P spending for natural gas in the Barents Sea, (Norway) and Sakhalin fields (Russia).

·       The industry is anticipated to witness significant growth in light of significant investments by OMCs’, which will open new opportunities for growth over the forecast period. In July 2016, a research partnership between the USGS, ONGC, and the JAMSTEC announced the discovery of vast reserves of natural gas hydrates in the Indian Ocean. This trend is expected to open new industry avenues for produced water treatment services over the next eight years.

·       Key service providers operating in the market include Haliburton, GE, Siemens, Weatherford, Veolia, and Baker Hughes. The majority of service providers are located in North America and Europe in light of easy access to consumables and calibration equipment in the vicinity. Over the past few years, the companies including Weatherford and GE have been establishing strategic business units in developing countries including China and India providing the solutions to upstream oil & gas sector.  

Grand View Research has segmented the global produced water treatment market by production source, application, and region:

Production Outlook (Revenue, USD Million, 2013-2024)

·         Crude oil

·         Natural gas

Technology Outlook (Revenue, USD Million, 2013 - 2024)

·         Primary Separation

·         Secondary Separation

·         Tertiary Separation

·         Others

Application Outlook (Revenue, USD Million, 2013 - 2024)

·         Onshore

·         Offshore

Regional Outlook (Revenue, USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin 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

Mining Chemicals Market Overview And Rising Dependency On Factors by 2024

The global mining chemicals market size is projected to reach at USD 38.01 billion by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.4% during the forecast period. Increasing mining activities in various regions are likely to drive the market over the forecast period.

Raw material supply is a crucial part of the mining industry. Raw materials used in the production of mining chemicals are hazardous and are, therefore, delivered in ISO standard containers only. This results in an increase in the raw material prices, which in turn is expected to affect final product price.

Increase in demand for minerals with high purity is poised to be one of the key factors augmenting the market. Degradation of the quality of ore has boosted the reliance on effective and efficient methods. Solvent extraction technology is one of the key technologies used for effective and efficient extraction.

Regulations regarding recycling of wastewater are anticipated to increase waste water treatment activities across the globe. These regulations are compelling industries to decrease the water waste discharge, which is expected to increase the utilization of mining chemicals over the forecast period. The U.S. government has framed regulations such as National Environmental Policy Act and Clean Water Act to restrict the discharge of toxic substances in water and promotion of water treatment systems.

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

Further Key Findings from the Report Suggest:

·       Frothers are estimated to register a CAGR of 6.0% from 2016 to 2024 owning to surging demand for better quality of minerals

·       Flocculants are expected to post a CAGR of 6.5% during the forecast period. Water recycled through flocculants reduces the operating and equipment maintenance cost, which in turn is estimated to fuel demand for flocculants over the same period.

·       The mineral processing application segment is projected to expand at a CAGR of 6.2% over the forecast period owning to increasing demand for minerals

·       Asia Pacific is likely to exhibit a CAGR of 7.2% during the same period due to growing mining activities in China

·       China dominated the Asia Pacific region with a share of 83.9% in the market in 2015. China is one of the largest producers of the coal, gold, and rare earth metals.

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

Mining Chemicals Product Outlook (Revenue, USD Million, 2013 - 2024)

·         Frothers

·         Flocculants

·         Collectors

·         Solvent Extractants

·         Grinding Aids

·         Others

Mining Chemicals Application Outlook (Revenue, USD Million, 2013 - 2024)

·         Mineral processing

·         Explosives & drilling

·         Water & wastewater treatment

·         Others

Mining Chemicals Regional Outlook (Revenue, USD Million, 2013 - 2024)

·         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

Medical Plastic Compound Market to Witness a Pronounce Growth During the Forecast Period

The global medical plastic compounds market size is expected to reach USD 80.40 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.2% during the forecast period. Increasing aging population in economies such as China, India, Germany, and Austria is projected to remain a key driving factor.

Growing demand for healthcare facilities and services coupled with government initiatives and support towards healthcare is projected to have a positive impact on the market growth. Increasing aging population in countries, such as Germany, Belgium, Austria, Denmark, and Japan is anticipated to prompt growth of the medical plastic compound market. Increasing use of medical devices such as MRI, X-ray, robotic dispensing systems, and apheresis machines would further drive the demand over the forecast period.

Plastics have found a wide scope of usage in medical and healthcare industry owing to superior properties of the product, such as non-magnetism, impermeability, durability, and sustainability. Radiation resistance of this plastic would offer lucrative growth opportunities and new avenue for the manufacturers.

Surging demand for medical device plastics in applications, including surgical instruments, catheters, disposables, bags, implants, and drug delivery systems is anticipated to drive the demand. Rising R&D spending to produce bio-based plastics with superior properties, such as better quality and minimal health hazards is expected to further boost the medical plastic compound market over the forecast period.

Stringent regulations associated with manufacturing and disposal of waste is expected to offer lucrative growth opportunities to the key players. Manufacturers are coming up with various innovative ideas to improve durability and quality and to reduce the cost of devices.

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

Further key findings from the report suggest:

·       Polyethylene was the second largest product segment, in terms of volume and accounted for over 18% market share in terms of revenue in 2017. Increasing usage of polyethylene for manufacturing surgical cables, artificial tendons, orthopedic sutures, and tubing is anticipated to compliment demand.

·       Asia Pacific is expected to remain the fastest growing regional market with projected CAGR of 5.8% in terms revenue from 2016 to 2025. Developing healthcare infrastructure and rising disposable income in countries, such as China, India, and Japan is projected to propel the growth

·       Drug delivery system is anticipated to register a CAGR of 5.4% in terms of revenue over the forecast period.Polymers are widely used in drug delivery system to enhance drug stability and to disguise the unpleasant taste of the drugs

·       Major companies operating in the medical plastic compound market include Baxter International, GW Plastics, Cyro Industries, Becton & Dickinson, Dow Chemical, Freudenberg Medical LLC, DuPont, ExxonMobil, Rochling Group, Medplast Inc., Nolato AB, Orthoplastics Ltd., and Saint Gobain Performance Plastics

·       Baxter International Inc., has announced to increase production of components for disposable devices in Mountain Home, Arkansas.

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

Medical Plastic Compounds Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Polyvinyl Chloride

·         Polyethylene

·         Polypropylene

·         Polystyrene

·         Polyester

·         Polycarbonate

·         Polyurethane

·         Acrylics

·         Others

Medical Plastic Compounds Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Disposables

·         Catheters

·         Surgical Instruments

·         Medical Bags

·         Implants

·         Drug Delivery System

·         Others

Medical Plastic Compounds Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         CSA

·         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