Monday, 13 January 2020

Modified Starch Market to Register Steadfast CAGR of 5.7% in Terms of Value from 2017 to 2025

The global modified starch market size is expected to reach USD 15.36 billion by 2025 expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. The global market is expected to grow significantly during the forecast period on account of its consumption in numerous applications including food & beverage, paper, pharmaceuticals, textile and other applications, such as coatings, adhesives, and biodegradable polymers. Growing concern regarding health and nutrition along with changing preference towards healthy appetite is also likely to be a major factor driving the market.

Escalating demand for natural sweeteners in energy drinks and non-carbonated soft drinks will increase the product penetration over the forecast period. Companies are invest more in R&D for the development of effective water soluble modified starches, resulting in dynamic market conditions. In recent times, there has been a significant increase in product innovation to gain access to markets and to avail synergetic benefits. As a result, companies have increased their presence across the value chain by integrating and diversifying their product portfolio. Companies, such as Cargill, Inc., Ingredion Inc., and Roquette Frères are integrated across different stages of the value chain.

High demand from Asia Pacific along with rising consumption of convenience food is likely to augment market growth. Technological advancements in India, China, and Brazil are also expected to create new opportunities for industry growth. Moreover, government support to promote natural ingredients will open new avenues over the next few years. Product application in the textile industry is expected to drive the global modified starch market.Increasing use of product, such as starch graft copolymers, starch esters, starch ethers, and cationic starch, will drive this application segment. These starches are used in printing and finishing applications in textiles and have substituted polyvinyl alcohol.
Access Research Report of Modified Starch Market@ https://www.grandviewresearch.com/industry-analysis/modified-starch-market

Further key findings from the study suggest:
·       The global modified starch market was valued at USD 9.36 billion in 2016 and is anticipated to ascend at a CAGR of 5.7%
·       In terms of value, food & beverage application segment led the overall market in 2016 and held 37.6% of the global share
·       Cationic starch is expected witness significant growth on account of their increasing usage in the paper and textile industries
·       Several companies including Archer Daniels Midland Company and Cargill Inc. are investing heavily in R&D for the development of advanced technologies
·       Key market players include Cargill Foods; The Archer Daniels Midland Company (ADM); Ingredion, Inc.; Tate & Lyle PLC; and Roquette Frères
Grand View Research has segmented the global modified starch market on the basis of product, material, function, end use, and region:
Modified Starch Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Starch Esters and Ethers
·         Resistant Starch
·         Cationic Starch
·         Pregelatinized Starch
·         Others
Modified Starch Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Corn-based
·         Cassava-based
·         Wheat-based
·         Potato-based
·         Others
Modified Starch Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Stabilizers
·         Thickeners
·         Emulsifiers
·         Binders
·         Others
Modified Starch End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Food & Beverage
·         Animal Feed
·         Paper
·         Pharmaceuticals
·         Textiles
·         Others
Modified Starch Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    U.K.
o    Finland
o    Netherlands
·         Asia Pacific
o    China
o    India
o    Japan
o    Thailand
·         Central & South America
o    Brazil
·         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.

Thursday, 9 January 2020

Phenolic Resins Market Size Worth $16.04 Billion By 2025 with a CAGR of 5.3%:

The global phenolic resins market size is expected to reach USD 16.04 Billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.3% during the forecast period. Upsurge in the efficiency in building materials has generated higher demand for insulating materials to regulate HVAC, which is projected to propel the growth.

The North America phenolic resins market consists of two major developed economies, namely, U.S. and Canada. Owing to the high demand from various end-use industries, U.S. is leading the regional market and is anticipated to register a CAGR of 3.4% during the forecast period.
Prominent companies are putting their step forward into strategic alliances to accelerate their presence across the value chain worldwide, either by assimilating into supply or by product manufacturing. Surge in consumer awareness about new products has compelled new participants to provide high product quality with advanced technologies creating a hype in the industry.
The market has been experiencing development in terms of innovative technologies such as an inline MIVI process viscometer that enables ease in monitoring the overall polymerization reaction. This is turn helps analyze accurate viscosity and temperature parameters and evades mass damage and solidification. This innovation has piloted in self-cleaning equipment for corrosive materials.
To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/phenolic-resins-market

Further key findings from the report suggest:
·       Numerous agencies such as Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH), European Phenolic Resins Association (EPRA), and the U.S. Environmental Protection Agency (EPA) are the key bodies majorly governing the phenolic resins market and consumer health and safety
·       In terms of volume, novolac segment is expected to expand at a CAGR of 3.7% owing to its excellent fire and corrosion resistance properties along with carbon residue, which is anticipated to surge the demand from various industrial sectors
·       Demand for aesthetic and durable products is anticipated to witness steady rise due to increasing disposable income of the consumers in emerging economies
·       Downward revision of GDP growth rates and saturation of the end-use industry are expected to slower the growth in the developed economies in near future
·       Impetus towards provision of greater quality products and heavy investments in the R&D activities to retain customer loyalty will help develop new products and processes, which will accelerate the product demand
Grand View Research has segmented the global phenolic resins market on the basis of product, application, and region:
Phenolic Resins Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Novolac
·         Resol
·         Liquid Resol Resins
·         Solid Resol Resins
·         Others
Phenolic Resins Application Outlook (Volume, Kilo Tons; Revenue, USD Million. 2014 - 2025)
·         Wood Adhesives
·         Molding
·         Insulation
·         Laminates
·         Paper Impregnation
·         Coatings
·         Others
Phenolic Resins Regional Outlook (Volume, Kilo Tons; 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.

Polyols Market Latest Innovations, Drivers and Industry Key Events by 2025

The global polyol market size is expected to reach USD 45.17 billion by 2025 at an 8.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. There has been a shift in trend from conventional heavy materials such as metals to lightweight, high performance plastics. This has, in turn, driven the use of polyurethane to lower automotive component weight and boost fuel savings. This is likely to have a positive impact on demand for polyols across the globe.

Polyols are witnessing an increase in demand owing to their growing application scope in important end-use industries such as automotive, furniture and bedding, building and construction, pharmaceutical, and packaging. Growth of the automotive market and rising focus on energy-efficient buildings have emerged as major factors driving the polyol market.
In PU adhesive formulation, polyether polyols are the dominant product segment. Polyether polyols offer excellent flexibility at low temperatures and are relatively less sensitive to hydrolysis compared to polyester polyols. Polyether polyols is also utilized to formulate reactive hot melt adhesives. Polyester polyols are widely used in highly automated and hot melt adhesive applications that require fast set time or initial green strengths.
Furthermore, concerning the overall polyol market scenario, principal manufacturers are seen incorporating bio-based polyols to reduce dependence on conventional petrochemical derived polyols and reduce risks, such as environmental concerns and volatile raw material prices, associated with it.
The global polyols market is concentrated and oligopolistic in nature, with top manufacturers accounting for over 48.0% of the global market. Pricing and various other strategic initiatives depend on these top market players.

Further key findings from the report suggest:
·       The global polyol market was valued at USD 23.60 billion in 2017 and is projected to ascend at a CAGR of 8.5% over the forecast period
·       Development of new products such as bio-based and CO2-based polyols is creating significant growth potential in the global market
·       Key companies in this market are backward integrated owing to fluctuations in supply of raw materials. Major polyol producers have in-house raw material production facilities, which provide them with greater control in terms of pricing decisions
·       Focus on Green Building Code and German Renewable Energy Act (EEG), coupled with growing awareness regarding energy conservation, is expected to drive demand for polyols in the building and construction industry
·       Key market players include Covestro, BASF SE, The Dow Chemical Company, Shell, and Huntsman.
Grand View Research has segmented the global polyols market on the basis of product, application, and region:
Polyol Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·         Polyether
·         Polyester
Polyol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·         Rigid Foam
·         Flexible Foam
·         Coatings
·         Adhesives & Sealants
·         Elastomers
·         Others
Polyol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    U.K.
o    France
·         Asia Pacific
o    China
o    India
o    Japan
·         Latin America
o    Brazil
o    Mexico
·         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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

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