Commercial Seaweed Market to Witness a Pronounce Growth During 2018 - 2024

The global commercial seaweed market size is anticipated to reach USD 22.13 billion by 2024, according to a new report by Grand View Research, Inc. The global market is estimated to witness a healthy CAGR of 8.9% during the forecast period. Rising demand for seaweed-derived food products is estimated to boost the industry growth over the next few years. Growing product application scope in fertilizers, animal feed, and healthcare and medical sectors is also boosting the market demand. Furthermore, growing popularity of seaweed extracts such as agar, carrageenan, and alginate is also likely to drive the commercial seaweed market.

Increasing product application scope in the pharmaceutical sector is projected to boost the market growth. Various properties of commercial seaweeds such as thickening and gelling, which are applicable in hydrocolloid industries, is expected to drive the market further. Regulations regarding the production and harvesting of seaweeds concerning human consumption, animal feed, and agricultural use is expected to augment the market. Seaweeds serve as a major food product in Asia Pacific region. Increased consumption of organic foods is expected to fuel the product demand in the coming years. 

Access Research Report of Commercial Seaweed Market @ https://www.grandviewresearch.com/industry-analysis/commercial-seaweed-market

Further key findings from the report suggest:

·       The global commercial seaweed market is projected to witness strong demand over the coming years owing to rising awareness regarding the benefits of seaweeds

·       Majority of the commercial seaweeds are consumed in liquid form due to ease of application and growing industrial demand

·       Red seaweed emerged as the fastest-growing product segment in 2015 and accounted for more than 52% of the global market

·       Human consumption emerged as the largest application segment in 2015 accounting for more than 80% of the overall share

·       Rising awareness regarding healthier eating habits and lifestyle along with increased disposable income are the key growth-driving factors

·        Some of the prominent companies operating in this industry include E.I. DuPont Nemours and Company; Cargill, Inc.; Roullier Group; Compo GmbH & Co.; and Biostadt India Ltd.

Grand View Research has segmented the global commercial seaweed market on the basis of product, form, application, and region:

Commercial Seaweed Product Outlook (Revenue, USD Million, 2014 - 2024)

·         Brown

·         Red

·         Green

Commercial Seaweed Form Outlook (Revenue, USD Million, 2014 - 2024)

·         Liquid

·         Powdered

·         Flakes

Commercial Seaweed Application Outlook (Revenue, USD Million, 2014 - 2024)

·         Agriculture

·         Animal Feed

·         Human Consumption

·         Others

Commercial Seaweed Regional Outlook (Revenue, USD Million, 2014 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    France

o    Ireland

o    U.K.

·         Asia Pacific

o    China

o    Japan

o    Indonesia

·         Central & South America

o    Brazil

o    Argentina

·         Middle East & Africa (MEA)

o    South 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.

Antimicrobial Packaging Market is Expected to Enhance USD 11.92 Billion Revenue By 2024

The global antimicrobial packaging market is projected to reach a valuation of USD 11.92 billion by 2024, according to a report by Grand View Research, Inc. Increasing demand for packaging in confectionery and bakery sectors can drive market growth. Antimicrobial packaging can prevent microbial growth by releasing active agents into foods and thereby increase its shelf life. These agents play a major role in maintaining food quality and minimizing the need for preservatives.

Antimicrobial packaging releases active agents into food products which help to inhibit the growth of microorganisms and increase the shelf life. These releasing compounds maintain the food quality and reduce the need for preservatives and additives.

Antimicrobial active packaging is widely used in healthcare applications. These elements are specifically used to protect the plastic products, tablets and medical equipment against bacteria & fungal growth. Antimicrobial preservatives such as ethanol, phenol, cresol, parabens and bronopol can be added to pharmaceutical products to protect against microbial contamination.

However, antimicrobial agents derived from synthetic pathogenic sources are not found to satisfy consumers as they demand products extracted from natural sources. Such a factor is expected to hinder the overall market growth over the next eight years.

Access Research Report of Antimicrobial Packaging Market @ http://www.grandviewresearch.com/industry-analysis/antimicrobial-packaging-market

Further key findings from the report suggest:

·       The global antimicrobial packaging market demand was 6.51 million tons in 2015 and is expected to reach 10.09 million tons by 2024, growing at a CAGR of 5.0% from 2016 to 2024

·       Plastics were the leading base material used for antimicrobial packaging and accounted for 64.8% of total volume in 2015. Biopolymers are expected to witness the highest growth of 6.3% over the forecast period owing to its good physical, mechanical and chemical properties. In addition, they are recognized as an asset to waste processing.

·       Organic acid were the leading antimicrobial agents consumed and accounted for 37.3% of total market volume in 2015. Bacteriocins are expected to witness the highest growth of 5.4% over the forecast period.

·       Pouches emerged as the most dominant pack product and accounted for 39.2% of global volume in 2015. The segment is expected to witness similar trend in the near future due to its usage across different industries. Pouches are also expected to witness the highest growth of 5.5% over the forecast period.

·       Food & beverages were the most dominant application segment and accounted for 44.5% of total market volume in 2015. Stringent regulations regarding food safety across various regional markets have led to the increased penetration in the industry. The segment is also expected to witness the highest growth of 5.3% from 2016 to 2024. Moreover, controlled release packaging technology has been gaining wide importance for food packaging applications due to its impeccable response with respect to time.

·       Asia Pacific was the leading regional market and accounted for 33.3% of global demand in 2015. Busy lifestyle coupled with shifting preferences to consume ready to eat meals particularly in countries such as Japan, India and China has led to growth in the regional market. The region is also expected to witness the highest growth of 6.1% over the forecast period.

·       Key companies operating in the global market include Mondi Plc, BASF SE, Dow Chemicals, Dunmore Corporation, PolyOne Corporation, Linpac Senior Holdings, Bicote Corporation and Microban International. Agion Colorcon, a pharmaceutical company, is using a new antimicrobial product Agion Technologies, in their product line named No-Tox AM.

Grand View Research has segmented the global antimicrobial packaging market on the basis of base material, antimicrobial agents, technology, pack type, application and region:

Antimicrobial Packaging Base Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Plastics

·         Biopolymers

·         Paperboard

·         Others

Antimicrobial Packaging Antimicrobial Agents Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Organic Acid

·         Bacteriocins

·         Others

Antimicrobial Packaging Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Active

·         Controlled release

Antimicrobial Packaging Pack Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024

·         Carton Packages

·         Pouches

·         Others

Antimicrobial Packaging Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Food & Beverage

·         Healthcare

·         Personal Care

·         Others

Antimicrobial Packaging Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

o    Spain

·         Asia Pacific

o    China

o    India

·         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.

Automotive Adhesive Tapes Market Is Expected To Gain Significant Traction Over The Forecast Period

The global automotive adhesive tapes market size is expected to reach USD 7.1 billion by 2025; progressing at a CAGR of 4.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising substitution of metal fasteners in automobile design backed by growing emphasis on aesthetics is expected to positively impact the growth.

Increasing usage in bonding, moldings, garnishes, emblem, and bumpers is expected to propel the overall market growth over the forecast period. In addition, superior adhesion and impact dampening properties of automotive adhesive tapes are expected to boost its demand over the forecast period.

Development of reinforced tapes, coupled with rising adoption in the automotive industry for OEM and aftermarket applications, is likely to drive the automotive adhesive tapes market over the next few years. In addition, growing focus on development of lightweight and fuel-efficient vehicles is expected to boost the product demand.

Growth in the usage of silicon-based resins as binder or modifier in coating formulations to impart additional stability is expected to benefit the market expansion. In addition, rising efforts to develop bio-degradable pressure sensitive products for automotive applications are expected to positively impact the growth.

Superior performance characteristics exhibited by tapes such as no residual adhesive marks for the area covered under the product as well as adhesion of non-uniform surfaces are likely to augment the product demand. These tapes are suitable for applications that are subjected to high curing temperatures.

Access Research Report of Automotive Adhesive Tapes Market @ https://www.grandviewresearch.com/industry-analysis/automotive-adhesive-tapes-market

Further key findings from the study suggest:

·       Specialty product segment is expected to register a CAGR of 6.1% from 2019 to 2025, on account of superior features of the product such as good shear strength, abrasion and temperature resistance, and conformance to non-uniform surfaces

·       Double-sided tapes generated a revenue of USD 2.2 billion in 2018 and is expected to witness notable growth owing to rise in the use of the product for bonding application in interior and exterior of automobiles

·       In Asia Pacific, China accounted for the largest market share with over 47.0% in terms of revenue in 2018 owing to presence of key passenger car and LCV manufacturers

·       Major companies in the automotive adhesive tapes market lay emphasis on the development of advanced products with superior aesthetics and eco-friendly properties to gain competitive edge.

Grand View Research has segmented the global automotive adhesive tapes market on the basis of product, application, function, vehicle-type, and region:

Automotive Adhesive Tapes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Double-sided

·         Masking

·         Reinforced

·         Specialty

Automotive Adhesive Tapes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Interior

·         Exterior

·         Electronics

·         Body-in-White

·         Powertrains

·         Wire Harnessing

·         Chassis & Wheels

·         Others

Automotive Adhesive Tapes Function Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Bonding

·         NVH

·         Masking

Automotive Adhesive Tapes Vehicle Type Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Passenger Cars

·         Light Commercial Vehicles

Automotive Adhesive Tapes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    U.K.

o    France

o    Italy

o    Spain

·         Asia Pacific

o    China

o    Japan

o    India

o    South Korea

o    Thailand

·         Central & South America

o    Brazil

·         Middle East & Africa

o    South 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.