Glycerol Market to Rear Excessive Growth CAGR of 6.4% throughout 2020: Grand View Research Inc.

The global glycerol market is expected to reach USD 2.52 billion by 2020, according to a new study by Grand View Research, Inc. Biodiesel emerged as the leading source of glycerol, accounting for over 1,400 kilo tons of glycerol production in 2013. Growing application market coupled with increased production of oleochemicals in Asia Pacific is expected to augment glycerol demand over the forecast period.

Personal care and pharmaceuticals were the largest application segment, with glycerol consumption exceeding 870 kilo tons in 2013. However, food & beverage is expected to be the fastest growing application segment at an estimated CAGR of 8.4% from 2014 to 2020, owing to improving lifestyle in emerging economies leading to increased consumption of processed and packed foods.

Access Research Report of Glycerol Market@ www.grandviewresearch.com/industry-analysis/glycerol-market

Further key findings from the study suggest:

·       Global glycerol demand was 2,247.2 kilo tons in 2013 and is expected to reach 3,469.2 kilo tons by 2020, growing at a CAGR of 6.4% from 2014 to 2020.

·       Biodiesel was the largest source for production of glycerol accounting for 62.96% of the market in 2013. However, fatty alcohols are expected to be the fastest growing source for glycerol production at an estimated CAGR of 8.3% from 2014 to 2020.

·       Alkyd resins and foods & beverages followed personal care & pharmaceuticals accounting for a market volume of 12.94% and 12.22% respectively.

·       Asia Pacific was the leading regional market and accounted for 37% of market volume in 2013. It is also expected to be the fastest growing market for glycerol at an estimated CAGR of 7.8% from 2014 to 2020.

·       The global glycerol market is highly concentrated with the top four companies including IOI Group, KL Kepong, Emery Oleochemicals and Wilmar International accounting for over 65% of market revenue in 2013. Other companies operating in the market include P&G, Kao Corporation, Cremer Gruppe and Oleon.

Grand View Research has segmented the glycerol market on the basis of source, application and downstream opportunities:

Global Glycerol Market Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Biodiesel

·         Fatty acids

·         Fatty alcohols

·         Soap industry

Global Glycerol Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Personal care & pharmaceuticals

·         Alkyd Resins

·         Foods & beverages

·         Polyether polyols

·         Tobacco humectants

·         Others

Global Glycerol Downstream Opportunities Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Propylene Glycol

·         Epichlorohydrin

·         1,3 Propanediol

·         Others

Glycerol Market Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

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.

Nonwoven Filter Media Market Expected to Collect USD 8.32 Billion by the End of 2024

The global nonwoven filter market is expected to reach USD 8.32 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for filtration in industries such as healthcare, transportation, food & beverages, and various others is expected to benefit the global nonwoven filter media market.

Global agencies such as UN have issued directives and prescriptions to keep air & water pollution in check. HVAC, manufacturing, food processing, and hydrocarbon processing applications have found nonwoven filter media effective.

Various regulations regarding water & air pollution are expected to have a favorable impact on the global industry growth. Moreover, there have been lots of technological advancements across the globe to develop new and innovative filter media over the past few years.

Healthcare segment is presumed to be the fastest growing application over the next eight years. Nonwoven filter media is used as disposable medical products and helps protection against infections especially from hospitals. These media are also used in face masks to lessen the hazardous impact of pollution across the globe.

Gaining popularity of membrane filtration may have a negative impact on the overall market growth. However, nonwoven filter media has a certain advantage over other media fibers such as light weight, easy to handle, can be tailor made, highly efficient and high temperature resistance. These characteristics give the product an advantage over other filter media.

Access Research Report of Nonwoven Filter Media Market @ http://www.grandviewresearch.com/industry-analysis/nonwoven-filter-media-market

Further key findings from the report suggest:

·       Spunbond is the most preferred filter technology, and the segment accounted for over 35% of the total technology market in 2015.

·       Spunbond technology is used across automotive, healthcare & personal care, and packaging industry.

·       Meltblown nonwoven technology is expected to grow at a significant rate over the next eight years. Cost effectiveness is the attributed primary reason for this technology’s widespread usage.

·       Asia Pacific emerged as the leading regional market and held over 30% of the global demand in 2015. The surge in demand for nonwoven filter media in major end-use industries such as transportation, filtration, and healthcare to create ample opportunities in the region.

·       Industrialization across regions such as South East Asia, India, and China is further anticipated to fuel the market development.

·       Focus of major industry participants on innovation and research & development has intensified the industry competition.

·       The market shows different dynamics regarding market strategies, M&As, and product diversification. The market is oligopolistic in nature and is dominated by few key players such as Ahlstrom, TransWeb, LLC, Delstar Technologies, Inc. and DuPont Inc.

·       Major companies have established manufacturing units in different countries for efficient raw material sourcing and catering to global demand

·       Efforts taken by companies to achieve product differentiation is contributing to increased industry rivalry

·       Other companies involved in the industry include 3M, Dupont Inc, Cummins Filtration, Honeywell Process Solutions, Pegas Nonwovens S.r.o., Kimberly-Clark Corporation.

Grand View Research has segmented the global nonwoven filter media market on the basis of technology, application and region.

Global Nonwoven Filter Media Technology Outlook (Revenue, USD Million, 2014 - 2024)

·         Spunbond

·         Meltblown

·         Wetlaid

·         Needlepunch

·         Others

Global Nonwoven Filter Media Application Outlook (Revenue, USD Million, 2014 - 2024)

·         Transportation

·         Water Filtration

·         HVAC

·         Food and Beverages

·         Healthcare

·         Manufacturing

·         Advanced Technology

Global Nonwoven Filter Media Regional Outlook (Revenue, USD Million, 2014 - 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.

Maleic Anhydride Market Set to Record Exponential Growth by 2025

The global maleic anhydride market size is projected to reach USD 4.38 billion by 2025 registering a CAGR of 6.7%, according to a new report by Grand View Research, Inc. Maleic anhydride is used to manufacture 1,4-Butanediol (BDO), which has a high demand from the textile industry and the manufacturers of Tetrahydrofuran (THF) and Polyurethane (PU). 1,4-BDO is an organic compound used as an industrial solvent & cleaner and glue remover.

It is a key raw material for manufacturing spandex via producing polytetramethylene ether glycol. 1,4-BDO has majorly replaced rubber in most textile applications, such as foundation garments, girdles, suspenders, waistbands, hosiery, and socks. One of its major products, spandex, is widely used for manufacturing stretchable clothing as it is flexible and durable. Increasing demand for fibers with ‘memory’ and high-quality blends that offer suppleness and comfort to leather products has driven the demand for 1,4-BDO.

The European market is expected to witness a steady growth owing to rising demand in end-use industries and innovation in the lubricant sector. The thriving marine activities in the region are expected to boost demand for marine lubricants. Growing construction sector in Eastern Europe will further augment the demand for maleic anhydride.

Access Research Report of Maleic Anhydride Market @ www.grandviewresearch.com/industry-analysis/maleic-anhydride-market

Further key findings from the study suggest:

·       Unsaturated Polyester Resin (UPR) application segment accounted for over 50% of the overall share in 2018 owing to increasing application scope in construction and automotive industries

·       Rising THF and spandex demand for sports apparels is anticipated to fuel the BDO segment over the forecast period

·       Increasing number of global sport events, such as Olympics and FIFA World Cup, is expected to have a positive impact on the segment growth

·       Central & South America is emerging as a significant market. Growing demand, sufficient availability of raw material, and increasing economic status have led major European companies to shift their manufacturing bases to this region

·       Major companies in the maleic anhydride market include Bartek Ingredients, Baotie Hebei, Thirumalai Chemicals Limited, Nippon Shokubai Co., Ltd., MOL Hungarian Oil and Gas PLC, BASF, and Mitsubishi Chemicals

Grand View Research has segmented the global maleic anhydride market on the basis of application and region.

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

·         Unsaturated Polymer Resin (UPR)

·         1-4, Butanediol (BDO)

·         Additives

·         Copolymers

·         Others

Maleic Anhydride Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S

o    Canada

·         Europe

o    Germany

o    France

o    Italy

o    U.K.

·         Asia Pacific

o    China

o    India

o    Japan

o    South Korea

·         Middle East & Africa

·         Central & South America

o    Brazil

 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.

U.S. Motorcycle Market to Reach USD 10.88 Billion by 2025: Grand View Research Inc.

The U.S.motorcycle market size is expected to reach USD 10.88 billion by 2025, according to a new report by Grand View Research, Inc., Increasing amount of disposable income is expected to drive the market. Surplus amount of income is used by Americans to buy motorcycles which leads to an increase in the sales and registration of vehicles. According to the Bureau of Transportation Statistics, motorcycle registrations in the U.S. have increased over the past 10 years, from 3,826,373 in 1997 to 6,678,958 in 2006, which indicates an overall increase of 75%. Sales of new street-legal motorcycles increased more sharply over the same period, from 260,000 in 1997 to 892,000 in 2006.

Furthermore, according to Statista Inc., a total of 487,144 units were sold in the U.S. in the year 2016. This shows the potential demand and growth for these products in the coming years. Growing economic standards, changing lifestyle and increasing rates of petroleum are shifting the customer preference towards motorcycles which offer greater fuel efficiency in comparison to cars. Motorcycles are an effective and affordable way of transport owing to which the working class and the younger generation of the society are more attracted towards these products. Growing urbanization is also a significant factor driving the growth of the market in the country.

According to the International Organization for Migration in 2015, around 3 million people are migrating to cities every week. Currently, around 82% of the population in North America are living in the urban areas with a high concentration in mid and large-sized cities. Such huge trend towards urbanization has led to growing awareness of new products and their easy availability. All these factors are expected to boost the U.S. motorcycle industry over the forecast period.

Access Research Report of U.S. Motorcycle Market @ https://www.grandviewresearch.com/industry-analysis/us-motorcycle-market

Further Key Findings From the Study Suggest: 

·       Motorbikes segment held the dominant share of 56.7% in the U.S. motorcycle market owing to the high adoption rate and wide range of products

·       Scooters segment is expected to grow at a lucrative rate of 4.0% over the forecast period owing to the associated advantages such as better fuel efficiency, lightweight, and low cost.

·       Harley Davidson dominates the U.S. motorcycle industry with a market share of nearly 47%.

Grand View Research has segmented the U.S. motorcycle market on the basis of product:

U.S. Motorcycle, Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Motorbikes

·         Scooters

·         Mopeds

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.

U.S. Biscuits Market to Witness Exponential Growth by 2025: Grand View Research Inc.

The U.S. biscuits market is expected to reach USD 18.72 billion by 2025, according to a new report by Grand View Research, Inc. Product innovation and mergers & acquisitions are two major strategies undertaken by key companies in the U.S. biscuits market. These are among key factors contributing to market growth as manufacturers are reformulating their products to gain higher margins as well as meet health-orientated consumer demand. For instance, Mondelez’s belVita established a new trend in the adult breakfast biscuit market and gained the title of on-the-go packaging with nutritional credentials. Key players are consistently striving to widen their product portfolio by acquiring players of adjacent market segments. For instance, Turkey’s Yildiz surpassed US cereals maker Kellogg Co. and UK-based Burton’s Biscuits and became the market leader after acquiring United Biscuits in 2014.

Companies have adopted technologically advanced machinery such as robotics to improve their ability to rapidly prototype & launch new brands, introduce automated quality control instrumentation, maintain consistency in workflow, and develop fully integrated networks to automate baking, packaging, & other operations. Key companies track sales in real time using a network of handheld wireless devices and centralized enterprise resource planning systems. Companies are increasingly promoting their brands as free of trans fats, saturated fats, and artificial flavors & sweeteners, and promoting ingredients such as organic wheat flour, cane sugar, rice syrup, and corn starch. Thus, inclination toward low sugar and calorie content is motivating biscuit manufacturers to develop nutritious biscuits, thus presenting significant growth opportunities to the market.

Access Research Report of U.S. Biscuits Market @ https://www.grandviewresearch.com/industry-analysis/us-biscuits-market

Further Key Findings From the Report Suggest:

·       The organized segment accounted for the largest share of the type segment in 2016 owing to presence of established market players that adopt competitive strategies to restrain the entry of new players

·       Crackers attained the dominant share of the products segment in 2016, which can be attributed to unprecedented growth in snacking as well as consumption while engaging in entertainment activities

·       Cookies held the second-largest share in the products segment in 2016 owing to their high consumption and preference by all age groups

·       In 2016, wheat held a substantial share of the source segment owing to health and nutritional benefits over all-purpose flour

·       Millets is anticipated to grow at an exponential rate throughout the forecast period as a result of increase in consumption by diet & weight-conscious consumers

·       E-commerce or online stores are anticipated to exhibit exponential CAGR owing to price discounts offered on major products and greater convenience compared to supermarkets or convenience stores

Grand View Research has segmented the U.S. biscuits market on the basis of type, product, source, and distribution channel:

U.S. Biscuits Type Outlook (Revenue, USD Billion, 2014 - 2025)

·         Organized

·         Unorganized

U.S. Biscuits Product Outlook (Revenue, USD Billion, 2014 - 2025)

·         Cookies

·         Filled/Coated Biscuits

·         Crackers

·         Cream Wafers

·         Others

U.S. Biscuits Source Outlook (Revenue, USD Billion, 2014 - 2025)

·         Oats

·         Wheat

·         Millets

·         Others

U.S. Biscuits Distribution Channel Outlook (Revenue, USD Billion, 2014 - 2025)

·         Specialist Retail Stores

·         E-commerce

·         Convenience Stores

·         Supermarkets

·         Others

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.