Liquid Applied Membrane Market Worth $6.92 Billion By 2022

The global liquid applied membrane market is expected to reach USD 6.92 billion by 2022, according to a new report by Grand View Research, Inc. Technical advancements in liquid applied membrane, when compared to traditional systems, allow benefit in terms of cost reduction, better planning, and overall concrete protection. Liquid applied membranes have immense market potential on account of flexibility, making them ideally suited for application in water and waste management systems.

European Commission announced favorable prices governing the production of natural based polymer products such as biopolymers, thereby enabling major players in the liquid applied membrane market to provide environment-friendly solutions. Developing markets of Asia Pacific and Europe are expected to account for over 50.0% share in global waste and water management industry, further augmenting market demand for liquid applied membrane. Governments of various developing and developed nations have comprehended the dual need for infrastructure development, coupled with sustainability and durability. This is driving the demand for green buildings, consequently generating a vast market opportunity for the liquid membranes market.

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

Further key findings from the report suggest:

• Cementitious membrane accounts for a significant share owing to increased availability of polymer reinforced membranes which allow superior quality at affordable cost. These membranes can withstand high negative as well as positive hydrostatic pressure and provide excellent bonding to concrete, which facilitates high-quality waterproofing. The segment is expected to grow at a CAGR of 6.4% from 2015 to 2022.
• Polyurethane membrane is expected to witness rapid growth in demand on account of its superior properties including ease of application, resistance to UV radiation, water vapor permeability, easy repair & maintenance, and high mechanical strength. Companies have been increasingly developing polyurethane based membranes to meet rapidly growing demand. These accounted for over 12.0% of the global market in 2014 in terms of revenue.
• Roofing application dominated the market in 2014 and accounted for over 28.0% of total revenue share. Excellent physical and chemical properties of liquid applied membrane coupled with rapid infrastructural development worldwide are expected to increase penetration in this segment over the forecast period.
• Residential segment is expected to be the major end-use on account of rising urban population and increasing infrastructure investment by governments. Asia Pacific is expected to witness rapid growth in this segment on account of growing trend of nuclear families in the region.
• Asia Pacific market demand was over 250.0 million square meters and is expected to rise on account of increasing requirement to an elongate life of building structures and protect the infrastructure during severe environmental conditions. Governments have been investing increasingly in the protection of historical monuments which is expected to propel growth over the forecast period. In addition, increasing urban population in the region is expected to facilitate residential construction, thus driving demand for the product over the forecast period.
• Europe accounted for over 30.0% of the global market size and is expected to witness significant growth over the coming years. The revival of European construction industry with rapid growth in demand from the UK, Germany, and Nordic countries is expected to propel liquid applied waterproofing utilization in the region over the forecast period. The construction industry in Eastern European countries including Hungary, the Slovak Republic, and Poland has also witnessed moderate growth over the past years and is expected to have a positive impact on liquid applied membrane demand over the next seven years.
• Key market players highly rely on R&D for new product development to sustain competition. The other major strategies include joint ventures and acquisitions & mergers. In April 2014, INGE GmbH, a subsidiary of BASF SE, entered into a strategic, contractual agreement with Aquasource to synergistically improve their waterproofing solutions. In August 2013, Pidilite Industries Ltd. acquired Suparshva Business Limited to expand its adhesive business.

Grand View Research has segmented the global liquid applied membrane market on the basis of product, application and region:

Global Liquid Applied Membrane Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• Cementitious
• Bituminous
• Polyurethane
• Others

Global Liquid Applied Membrane Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• Roofing
• Walls
• Building Structures
• Landfills & Tunnels
• Others

Global Liquid Applied Membrane End-use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• Residential
• Commercial
• Industrial
• Public Infrastructure

Global Liquid Applied Membrane Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
• Latin America
  • 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.

Protein Ingredients Market Size $76.47 Billion By 2027

The global protein ingredients market size is projected to be valued at USD 76.47 billion by 2027, as stated by a new report published by Grand View Research, Inc. In terms of revenue, it is likely to expand at a CAGR of 9.1% during the forecast period. Rising demand for food products rich in nutrients is projected to propel the growth.

Growing health consciousness among consumers is anticipated to propel the market for plant and dairy products that reduce the risk of diabetes and Cardiovascular Diseases (CVDs). Plant and dairy based ingredients have been approved as vital ingredients by the European Union and are authorized for consumption by the U.S. Food and Drug Administration (FDA) along with other countries across the globe including Australia, Japan, and Canada.

Food and beverages industry consists of a wide product portfolio, in which food industry comprises consumer food, food additives, dietary as well as nutraceutical supplements, and animal foods and feed ingredients. Similarly, beverages industry constitutes of products, such as aerated drinks, alcoholic drinks, juice or health drinks, and non-alcoholic drinks. Therefore, the increasing demand for the protein ingredients product is expected to spur the market over the forecast period.

Soy protein has dominated the plant protein ingredients market over the years. It is derived from soybean and contains all the nine essential amino acids. The prime reason for the high growth of this segment is the availability of a variety of forms being developed for novel applications. Soy protein forms range from fortified, flavored, extruded meat analogs, and colored to pure protein isolates with specialized capabilities.

The market is highly fragmented in nature owing to the lack of brand awareness and an absence of consumer loyalty. Supermarkets and hypermarkets account for a majority of the product sales, followed by specialty drug stores and online stores. This trend is expected to continue with retailers like Costco and Walmart increasing the shelf space of private labels through new formulations, in-store customer education, and innovative packaging.

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

Further key findings from the report suggest:

• Animal proteins product segment led the market, accounting for over 56.8% market share in terms of volume in 2019 owing to the increasing utilization of whey protein concentrates in manufacturing dairy desserts, beverages, and yogurt products
• Soy is predicted to be the largest product segment by 2027. It is expected to be the highest revenue-generating segment constituting over 43% protein ingredients market share in 2019
• Food and beverages application segment is expected to register the highest expansion in terms of revenue at a CAGR of over 8.7% owing to the increasing demand for gelatin owing to its various properties including its ability to act as a complexing/stabilizing agent, and flavor enhancer in food and beverages sector is expected to spur the market over the forecast period
• North America was the largest regional segment accounting for 44.4% of the total market share in terms of revenue and is expected to expand at a CAGR of 8.9% between 2020 and 2027
• In August 2019, Cargill, Incorporated invested USD 75 Million in Puris, a Oskaloosa, U.S.-based company engaging in the cultivation of plant-based ingredients. Puris supplies its products to Beyond Meat, a Los Angeles-based manufacturer of plant-based meat substitutes. This strategy highlights the demand for pea protein ingredients in the U.S. market

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

Protein Ingredients Product Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• Plant Proteins
  • Wheat
  • Soy
  • Pea
  • Canola
  • Rice
  • Potato
  • Hemp
  • Oat
  • Almond
  • Corn
  • Others
• Animal/Dairy Proteins
  • Egg Protein
  • Milk Protein Concentrates/Isolates
  • Whey Protein Concentrates
  • Whey Protein Hydrolysates
  • Whey Protein Isolates
  • Gelatin
  • Casein/Caseinates
  • Collagen Peptides

Protein Ingredients Application Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• Foods & Beverages
• Infant Formulations
• Personal Care & Cosmetics
• Animal Feed
• Others

Protein Ingredients Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK.
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • 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.

Base Metal Mining Market Worth USD 431.1 Billion by 2025

The global base metal mining market size is anticipated to reach USD 431.1 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.1% during the forecast period. Advancements in mining technologies coupled with increasing automation are projected to boost the growth.

Rising demand for smartphones, drop in the product prices, and product innovation and differentiation are some of the factors catalyzing growth of various products in electrical and electronics sector. Introduction of autonomous driving features in vehicles and various innovative technologies coupled with rising demand for smartphones and computers is driving the semiconductor industry, where base metals have a wider scope of application.

Apart from silver, copper exhibits the best electrical conductivity. Its properties such as corrosion resistance and good thermal conductivity makes it suitable for a wide range of electrical and electronics applications.As per the reports by the Indian Bureau of Mines, around 50% of copper is used in electrical and electronics sector in Asia Pacific while the number stands at 25% in U.S.

Growth of construction sector in various countries can largely be attributed to continuous support schemes offered by the governments. For instance, to encourage first-time homebuyers, in 2016, Indonesia’s central bank scrapped 15% minimum mortgage down payment scheme and relaxed its rule for loan disbursements. In 2019, Indian government in its interim budget proposed tax benefits for buying a second house. Skim Pinjaman Perumahan (SPP) program of Malaysian government assists low income people to get subsidiary for their houses. This in turn is projected to drive the demand for base metals in construction sector.

Investments in smart technologies to control cost and improve efficiency are projected to remain an important trend in the forthcoming years. The shift toward low carbon economy and strict emission regulations is anticipated to have an impact on environmental standards and lead to the scrutiny of mining activities. Automation is another key area that is likely to help miners reduce costs by eliminating labors.

Robotics technology in mining sector is projected to create numerous opportunities over the forecast period. It is still an emerging technology in the sector and can be used to perform various tasks such as blasting, drilling, loading, bolting mine roofs, and hauling. The use of robotics rescue operations is another promising area in this sector.

The application of 3D imaging technology is helping enhance the efficiency for the exploration of mines. The technology helps capture spatial data by using laser lights. Ventilation engineers, rock engineers, and safety officers have started using 3D laser scanning technology in mining exploration and related activities.

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

Further key findings from the report suggest:

• Aluminum is expected to witness a CAGR of 3.3% from 2019 to 2025 due to growing usage of aluminum content in vehicles to enhance their efficiency
• In terms of volume, copper accounted for 21,063.5 kilotons in 2018 and is projected to expand at a CAGR of 4.3% during forecast period
• Construction application accounted for a revenue share of 39.9% in 2018 and is expected to witness considerable growth over the forecast period. Rising construction activities and increasing need of housing are expected to fuel the growth
• Central and South American base metal mining market is expected to witness the second fastest growth on account of investment in new mining projects in the region
• Asia Pacific is projected to remain the largest region for base metal market over the forecast period owing to the demand from construction and automotive sector

Grand View Research has segmented the global base metal mining market report on the basis of product, end-use and region:

Base Metal Mining Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Aluminum
• Copper
• Lead
• Nickel
• Zinc
• Others

Base Metal Mining End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Construction
• Automotive
• Electrical & Electronics
• Consumer Products
• Others

Base Metal Mining Regional Outlook (Volume, Kilotons; 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.

Polyurethane Foam Market is Anticipated To Generate Significant Revenues by 2024

The Report Polyurethane (PU) Foam Market Analysis By Product (Rigid Foam, Flexible Foam), By Application (Bedding & Furniture, Transportation, Packaging, Electronics, Footwear) And Segment Forecasts To 2024

The global Polyurethane Foam Market is expected to reach USD 91.96 billion by 2024, according to a new report by Grand View Research, Inc. Increasing construction spending coupled with high demand from bedding & furniture industry for cushioning and insulation is estimated to drive industry growth. 

Polyurethane foams consumption is anticipated to increase significantly owing to reduced wastage, elevated recyclability, greater sustainability, and reduce energy consumption throughout their life cycle. Growing requirement in end-use industries such as packaging and footwear is anticipated to further compliment growth. 

Various governments and federal agencies are increasingly being concerned with detrimental health effects of isocyanates utilized in PU production. Recent trends in PU production include the elimination of chlorinated fluorocarbon blowing agents, due to toxicity & sustainability concerns.

Access Research Report of Polyurethane Foam Market @ www.grandviewresearch.com/industry-analysis/polyurethane-foam-market

Further key findings from the report suggest:

• Global polyurethane foams market demand was 9.46 million tons in 2015 and is expected to reach 12.74 million tons by 2024, growing at a CAGR of 3.3% from 2016 to 2024
• Flexible foam was the leading product segment and accounted for over 55% of the global volume in 2015. Strong demand from end-use industries such as transportation and furniture for cushioning applications is expected to drive the segment growth over the forecast period.
• Construction accounted for over a quarter of overall volume in 2014. Increasing construction spending coupled with regulatory intervention are expected to remain key driving factors for this segment.
• Transportation is expected to witness the highest growth of 4.1% over the forecast period. Increasing automobile production in Asian countries such as India, China, Indonesia, and Thailand is expected to remain a key driving factor for this segment. Recovery of automotive industry from financial crisis in the U.S and parts of Europe are also expected to fuel demand growth.
• Asia Pacific emerged as the leading consumer with demand share estimated at 44.6%in 2015. Asia Pacific is also expected to witness the highest growth over the forecast period. Emerging economies of China and India are major consumers of PU foam and are characterized by rapidly expanding manufacturing sector along with adequate raw material availability.
• Global Polyurethane Foam Market is fragmented in nature with considerable presence of integrated companies as well as independent manufacturers. Key industry participants include BASF S.E., Huntsman Corporation, Trelleborg AG, The Dow Chemical Company and Recticel S.A. 

Grand View Research has segmented the polyurethane foams market on the basis of product, application and region:

Global Polyurethane Foams Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Rigid Foam
• Flexible Foam

Global Polyurethane Foams Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Bedding & furniture
• Transportation
• Packaging
• Construction
• Electronics
• Footwear
• Others

Polyurethane Foams Regional Outlook (Volume, Kilo Tons; 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.

Phosphate Fertilizers Market to Reflect a Holistic Expansion by 2025

The global phosphate fertilizers market size is expected to reach USD 78.06 billion by 2025, according to a new report by Grand View Research, Inc, registering a 5.1% CAGR therein. Increasing population and demand for diverse food has been a key factor driving market growth. In addition, limited availability of ploughed land and increasing meat consumption all over the world is fueling the demand for phosphate fertilizers over the forecast period.

Phosphate is one of the three primary nutrients needed for plants to grow to their full potential. It is essential for normal plant growth, absorption of sun’s energy, and converting it to useful plant compounds. Several phosphate fertilizers are used to meet the phosphorous (P) requirements of plants. It helps create strong roots and stems, provides resistance to disease, and increases productivity.

Phosphate is an important fertilizer input used in agricultural production. These include different types of fertilizers such as superphosphate, monoammonium phosphate (MAP), and diammonium phosphate (DAP) products. Fluctuating energy prices are the main cause of price volatility in phosphate fertilizers. Transportation costs, policy decisions, exchange rates, and other uncontrollable factors are other key factors affecting global trading of fertilizer products.

The phosphate fertilizers market is consolidated in nature and comprises few global and regional players. Major players have strong distribution networks and different brands in the global market. Several key participants are conducting research and development activities to manufacture cost-effective and organic phosphate fertilizer products to meet the needs of the market. 

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

Further key findings from the report suggest:

• The global phosphate fertilizers market was valued at USD 51.6 billion in 2016 and is expected to expand at a CAGR of 5.1% from 2017 to 2025
• In terms of volume, cereals and grains emerged as the largest application segment in 2016 and is expected to expand at a CAGR of 3.2% between 2017 and 2025
• Revenue generated by diammonium phosphate (DAP) fertilizer was valued at USD 15.5 billion in 2016 and is anticipated to witness significant growth over the forecast period
• In terms of volume, the application of phosphate fertilizers in cereals and grains in India was pegged at 2,976.7 kilo tons in 2016 and is projected to rise at CAGR of 4.6% from 2017 to 2025
• The phosphate fertilizers market in Asia Pacific is projected to experience significant growth over the forecast period owing to increasing population and diversified demand of food, especially in the cereals and grains and fruits and vegetables segments. In terms of revenue, the APAC market is expected to expand at a CAGR of 5.5% between 2017 and 2025
• Key players such as Eurochem Group AG, Agrium Inc.; Potash Corp. of Saskatchewan Inc.; Yara International ASA; CF Industries Holdings Inc.; Israel Chemicals Ltd.; Coromandel International Ltd.; The Mosaic Co.; S.A OCP; and PJSC PhosAgro dominated the global market.

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

Phosphate Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Monoammonium Phosphate (MAP)
• Diammonium Phosphate (DAP)
• Superphosphate
• Others

Phosphate Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Cereals & Grains
• Oilseeds
• Fruits & Vegetables
• Others

Phosphate Fertilizers Regional Outlook (Volume, Kilo 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.

Heat Transfer Fluid Market is Estimated to Register a Strong CAGR of 4.9% from 2020 to 2027

The global heat transfer fluids market size is projected to reach USD 15.3 billion by 2027, according to a new report by Grand View Research, Inc., registering a 4.9% CAGR during the forecast period. Growing demand from the manufacturing and energy sectors is expected to drive global demand.

Thermal oils are typically formulated from petrochemicals and mineral oils, which eventually harm the environment in terms of recyclability, biodegradability, and aqueous toxicity. Due to multiple strict regulations laid down by governments across the globe, the growth of heat transfer fluids has taken a hit. Major innovators in the field are trying to bring imminent changes in the production process, such as usage of bio-based products, increased extraction efficiency, and enhanced solvent recovery.

Food grade heat transfer fluids are widely used for storage and refrigeration applications. With rising precision in temperature controlling in the processing of food and beverages, thermal fluid systems are gaining acceptance in upcoming food processing plants and facilities. These products are highly preferred due to lower maintenance costs and low-pressure requirements in the processing facility.

Asia Pacific is the fastest growing regional market backed by rising demand from China and Japan. Rapid industrialization and development of new machinery have increased the importance of heat transfer fluids. Investments in renewable energy initiatives such as CSP are expected to have a positive impact on the industry. China is aiming to take its installed CSP capacity to 3 GW by 2020.

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

Further key findings from the report suggest:

• Silicone-based products are anticipated to exhibit a CAGR of 3.8% from 2020 to 2027 owing to rising application in oil and gas and chemical manufacturing
• The consumption of heat transfer fluids in pharmaceuticals accounted for a market share of 9.2% in 2019, backed by application in extraction and crystallization processes
• The demand for monoethyl based glycols in HVAC application is expected to exhibit a CAGR of 4.2% from 2020 to 2027 owing to their compatibility across wide temperature ranges
• Asia Pacific dominated the heat transfer fluids market, in terms of revenue, with a share of 47.1% in 2019. Rising demand from emerging countries such as India, Indonesia, and Thailand is likely to drive the consumption over the forecast period
• The Central and South America market is expected to register a revenue-based CAGR of 1.5% from 2020 to 2027 owing to changing political dynamics. Rising automobile production in the region is expected to drive product demand
• Major industry participants include Eastman, Royal Dutch Shell, Sasol, Dow Chemicals and BASF.

Grand View Research has segmented the global heat transfer fluids market on the basis of product, application, and region:

Heat Transfer Fluids Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Silicone fluids
  • Oil & Gas
  • Chemical Industry
  • CSP
  • Food & Beverages
  • Plastics
  • Pharmaceuticals
  • HVAC
  • Others
• Aromatic fluids
  • Oil & Gas
  • Chemical Industry
  • CSP
  • Food & Beverages
  • Plastics
  • Pharmaceuticals
  • HVAC
  • Others
• Mineral oils
• Glycol based fluids
• Other (including molten salts & HFPE)

Heat Transfer Fluids Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Oil & Gas
• Chemical Industry
• CSP
• Food & Beverages
• Plastics
• Pharmaceuticals
• HVAC
• Others

Heat Transfer Fluids Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Thailand
  • Malaysia
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa
  • Africa
  • 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.

Geosynthetics Market Revenue is expected to Reach USD 27.08 Billion by 2022

Global geosynthetics market is expected to reach USD 27.08 billion by 2022, according to a new study by Grand View Research, Inc. Construction industry growth in India, China and Middle East, on account of rising expenditure on infrastructure development is expected to be a crucial driving factor for geosynthetics market growth.

Increasing application of geotechnical products for controlling seepage problems in building and irrigation projects is expected to have a favourable impact. Growing shale gas production in U.S. and Canada on account of increasing expenditure on hydraulic fracturing at domestic level may drive industry growth in the near future.

Geotextiles market were the largest product segment with demand estimated over 4,300.0 million square meters in 2014. They find application in erosion control and soil reinforcement on account of properties such as flexibility, permeability and enhanced thickness.

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

Further key findings from the study suggest:

• Global geosynthetic market size was 6,124.0 million square meters in 2014 and is expected to reach above 9,000.0 million square meters by 2022, growing at a CAGR of 5.1% from 2015 to 2022.
• Roads & pavements accounted for over 30% of global volume in 2014. Geogrids and geotextiles are incorporated for soil reinforcement and facilitating filtration during road construction.
• Containment & waste water application is expected to witness the fastest growth in terms of volume, at a CAGR of 5.7% from 2015 to 2022. Rising importance of waste water treatment in mining and upstream oil & gas sectors is expected to increase geotechnical product use in the near future.
• Asia Pacific geosynthetic market was valued over USD 6,100 million in 2014. The Government of India announced Make in India Campaign in September 2014 which is aimed at increasing manufacturing output through foreign direct investment at domestic level. This supportive plan is expected to increase expenditure in construction industry and thus likely to have a positive impact on the market.
• Key geosynthetic manufacturers include Agru America Inc, TenCate, NAUE, Low & Bonar PLC, GSE, Asahi-Kasei and Officine Maccaferri. In February 2015, Propex launched erosion control solution under the brand name, Propex TeetoGreen technology, intended for the golf course industry. This technology is designed for providing solution to challenges pertaining to soil erosion faced by club managers, golf course owners, builders and superintendents.

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

Global Geosynthetics Product Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2022)

• Geotextiles
• Geomembranes
• Geogrids
• Geonets
• Others

Global Geosynthetics Application Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2022)

• Road & Pavements
• Railroads
• Drainage Systems
• Soil Reinforcement & Erosion
• Containment & Waste Water
• Others

Global Geosynthetics Regional Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2022)

• 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.

Cold Chain Market Global Industry Analysis of Revenue, Growth & Opportunities By 2025

The global cold chain market size is estimated to reach USD 447.50 billion by 2025, according to a new study conducted by Grand View Research, Inc., exhibiting a CAGR of 15.0% during the forecast period. Technological advancements in packaging, processing, and storage of seafood products are expected to drive the market over the forecast period.

Cold chain solutions have become an integral part of supply chain management for transportation and storage of temperature-sensitive products. Increasing trade of perishable products is anticipated to drive market demand over the forecast period. Players operating in the marketplace for cold chain are increasingly adopting alternative energy solutions such as wind and solar to minimize overall operating cost.

Among cold chain solutions, the refrigeration system is used to prolong shelf life and maintain quality of products. Refrigerants used in refrigeration systems pose a threat to the environment because of their high Global Warming Potential (GWP) and Ozone Depletion Potential (ODP).

Growing stringent food safety regulations, such as the Food Safety Modernization Act that requires increased attention toward construction of cold storage warehouse, is slated to benefit the market. Adoption of environmental audit systems such as Leadership in Energy and Environmental Design (LEED) or Building Research Establishment Environmental Assessment Method (BREEAM) can evaluate designs at initial stage. Thus, operational performance of completed buildings can be assessed through these audit systems.

Temperature-controlled warehouses are highly energy-sensitive as they incorporate refrigeration and ventilation systems that require high power consumption. However, better design can reduce power consumption and can help build net-zero energy warehouses. Intelligent warehouse automation and control systems are one of the factors assisting buildings to achieve net-zero energy to become self-sustainable. Less energy consumption notably lowers operating expenditure, eventually contributing to protection of ecology and climate.

The North America region is anticipated to dominate the market for cold chain in terms of revenue owing to continuing innovation in autonomous trucks. Mexico is expected to have exponential growth over the forecast period owing to the rising investments for the development of logistics infrastructure and increasing penetration of warehouse management system.

In South America, Brazil is a major contributor to market growth. Implementation of dietary guidelines on usage of fresh food products over processed food led by the Brazilian government is expected to boost the cold chain market. These guidelines would necessitate development of cold chains to meet requirements for storage, transportation, and packaging of fresh food.

Key companies operating in the cold chain market include Agro Merchant Group (U.S.), Cloverleaf Cold Storage (U.S.), Henningsen Cold Storage (U.S.), Nordic Logistics and Warehousing, LLC (U.S.), and Preferred Freezer Services, LLC (U.S.). Cold chain service providers have invested aggressively in adding onboard tracking equipment to refrigeration units. This provides real-time location and temperature data to shippers and third-party logistics. It further helps them with increased visibility and opportunity to mitigate or prevent losses.

Along with the aforementioned players, cold chain packaging companies such as Cold Chain Technologies, Inc. (U.S.); Cryopack Industries, Inc. (U.S.); Creopack (Canada); and Cold Box Express, Inc. (U.S.) contribute significantly to market growth.

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

Further key findings from the report suggest:

• Connected products help companies develop closer customer relationships through product differentiation and moving away from price competition
• Due to a shift in focus from increase in productivity to providing better transport and storage facilities, the market has gained prominence in developing countries such as China and India
• Cold chain monitoring, smart packaging, sample lifecycle management, men and material tracking, and connected equipment are among IoT applications of key importance for the pharmaceuticals industry
• Radio Frequency Identification (RFID)-enabled supply chain provides higher efficiency and has opened up new opportunities by offering product level visibility
• Globalization and growing number of pharmaceutical and food safety counterfeit incidents have compelled governments to tighten regulations on production and supply. Rising trend of buying food products online and adoption of e-commerce in China are key demand drivers
• The Government of India remains keen on supporting development of the cold chain industry and is encouraging private participation by launching subsidy schemes and offering grants. In 2012, it permitted 100% FDI in cold storage under automatic route.

Grand View Research has segmented the global cold chain market on the basis of type, packaging, equipment, application, and region:

Cold Chain Type Outlook (Revenue, USD Million, 2014 - 2025)

• Storage
• Transportation
• Monitoring Components

Cold Chain Packaging Outlook (Revenue, USD Million, 2014 - 2025)

• Product
• Materials

Cold Chain Equipment Outlook (Revenue, USD Million, 2014 - 2025)

• Storage Equipment
• Transportation Equipment

Cold Chain Application Outlook (Revenue, USD Million, 2014 - 2025)

• Fruits & Vegetables
• Fruit Pulp & Concentrates
• Dairy Products
• Fish, Meat, and Seafood
• Processed Food
• Pharmaceuticals
• Bakery & Confectionary
• Others (Ready-to-cook, Poultry)

Cold Chain Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Middle East
• Africa
• 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.

Agar Agar Gum Market Size Worth $345 Billion By 2025

The global agar-agar gum market size is anticipated to reach USD 345.3 million by 2025, according to a new report by Grand View Research, Inc. Shifting consumer preference towards animal-free products and popularity of dairy-based products to maintain healthy diets has resulted in significant market growth.

The industry is also responsible for employment generation especially for people dwelling in coastal villages where seaweed collection forms an important component of their income. The activity is crucial for rural women who do not actively participate in mainstream fishing.

Technological advancements have supported the industry as well, with the introduction of metal scrapers that may be utilized to harvest larger quantities of seaweed with less effort. Additionally, new methods & processes have been introduced to extract Agar from seaweed along with other techniques for cleaning, pre-treatment, filtration & gelation, and dewatering.

Agar powders occupied over 90% of the volume share in 2015. Creative cooking methods have also paved new growth avenues for molecular gastronomy applications, with powdered gum being dissolved in boiling aqueous liquids to create unique dishes. Textured foods such as pearls and spaghetti gels, along with foamed products are important drivers for this segment.

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

Further key findings from the report suggest:

• Global Agar Agar gum market was estimated at 11,236.6 tons in 2015 and is anticipated to grow at an estimated CAGR of 3.6% from 2016 to 2025.
• Squares are widely used to make confectionaries, bakery products, desserts and other food products in the form of cubes, since the product has the ideal firmness to hold perfect molds
• Strips or bars have also been a great alternative for gelatin derived dairy-based products and are used by industrial manufacturers that are engaged in producing kosher, halal, vegan and vegetarian foodstuffs
• Meat is expected to increase at about 4.1% CAGR in terms of volume. Agar fosters longer shelf life to frozen & processed meat products, while also improving stability while treating these products, which has led to segment growth.
• Microbiological & molecular applications are expected to remain an important segment, since the product is widely used to stimulate bacterial development in Petro-dishes for laboratory experiments
• Asia Pacific is presumed expand at the highest CAGR of 5.4% in terms of revenue. The product was originally claimed to be discovered in Tarazaemon Minoya, Japan and has become an important ingredient in the regional food industry in recent years.
• Key industry participants consist of Myeong Shin Agar, Meron Group, Marine Science Co. Ltd., Indoalgas, Able Sales Company, Orient Resources Company and Central Drug House(P) Ltd.

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

Agar Agar Gum Product Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• Powder
• Strip
• Square

Agar Agar Gum Application Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• Confectioneries
• Bakery & Pastry
• Retail
• Meat
• Microbiological & Molecular
• Others

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

• North America
  • US
• Europe
  • Norway
  • France
  • Spain
• Asia Pacific
  • China
  • Japan
  • South Korea
• 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.

Solar Pumps Market is Estimated to Reach USD 3,639.0 Million by 2022

The global solar pumps market is expected to reach USD 3,639.0 million by 2022, according to a new study by Grand View Research, Inc.  Strong shift in trend towards replacing diesel and electric pumps in order to reduce reliance on conventional energy is expected to drive the global solar pumps market. Increasing government support in the form of subsidies and tax benefits particularly in emerging markets of Asia Pacific and Africa is also expected to have a positive influence on the market growth over the forecast period. However, higher upfront investment cost compared to its conventional counterparts is expected to remain a barrier for market participants.

DC surface suction pump was the largest product segment and accounted for 83.4% of the total market volume in 2014. Increasing micro-irrigation activities coupled with continuous & clean drinking water supply in remote places with irregular electric supply is expected to drive this segment over the forecast period. AC submersible pump is expected to witness the highest growth of 40.7% from 2015 to 2022. Increasing adoption of AC submersible pumps particularly in high growth markets such as India and Bangladesh is expected to drive this segment over the next seven years.

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

Further key findings from the study suggest:

• Global solar pumps market was 120,786 units in 2014 and is expected to reach 1,571,028 units by 2022, growing at a CAGR of 38.1% from 2015 to 2022.
• Agriculture was the largest application segment and accounted for 62.9% of total market volume in 2014. Agriculture is also expected to witness the fastest growth of 38.5% from 2015 to 2022. Increasing agricultural activities in emerging markets such as India, China, Bangladesh, Morocco and South Africa is expected to drive this segment over the forecast period.  
• Asia Pacific emerged as the largest regional market and accounted for 33.0% of total market volume in 2014. Asia Pacific is also expected to be the fastest growing regional market for solar pumps. The region is expected to grow at a CAGR of 43.4% from 2015 to 2022. Government support to the farmers in the form of subsidies particularly in China, India and Bangladesh is expected to drive the regional market over the forecast period. Middle East & African solar pumps market is expected to exceed USD 600 million by 2022.  
• Global solar pumps market is characterized by a mix of both large MNCs and small regional companies. Some major companies operating in the global market include Lorentz, TATA Power Solar Systems Ltd, SunEdison, CRI Group, Bright Solar, USL and Shakti Solar Pumping System.

Grand View Research has segmented the solar pumps market on the basis of product, application and region:

 Global Solar Pumps Product Outlook (Volume, Units; Revenue, USD Million, 2012 - 2022)

• DC Suction
• AC Submersible
• DC Submersible
• AC Floating

Global Solar Pumps Application Outlook (Volume, Units; Revenue, USD Million, 2012 - 2022)

• Agriculture
• Drinking Water

Global Solar Pumps Regional Outlook (Volume, Units; Revenue, USD Million, 2012 - 2022)

• North America
  • US.
• Europe
• Asia Pacific
  • China
  • India
• 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.

Silver Nanoparticles Market Size Worth $2.54 Billion By 2022

Global silver nanoparticles market size is expected to reach USD 2.45 billion by 2022, expanding at a CAGR of 17.5%, according to a new study by Grand View Research, Inc. Rising demand for antimicrobial materials in healthcare applications is expected to drive market over the forecast period. Development of high-end electronics coupled with growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.

Healthcare was the largest application segment, accounting for over 30% of global market revenue in 2014. Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population and rise in disposable income is expected to augment market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.

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

Further key findings from the study suggest:

• Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with growing demand for high-end gadgets is expected to drive market growth
• North America dominated the global silver nanoparticles market in 2014 accounting for over 35% of the market in terms of volume and the trend is anticipated to continue over the forecast period. Rising awareness regarding prevention of hospital acquired diseases is expected to play an important role in promoting silver nanoparticles use in medical devices & equipment and textiles
• Increasing application scope of silver nanoparticles in children’s toys in order to reduce spread of diseases by minimizing surface antimicrobial activities is expected to open new opportunities for market growth over the forecast period
• Emergence of nanofinished textiles for odor control and curb growth of infection causing bacteria is expected to propel market demand
• Presence of stringent regulatory framework, particularly in North America and Europe, is anticipated to hamper silver nanoparticles market. Furthermore, numerous studies have been undertaken to ascertain harmful effects of nanosilver to the environment, which is further anticipated to restrain market growth.
• Key players present in the global silver nanoparticle market include Emfutur Technologies, Meliorum Technologies Inc, Nanoshel, NanoHorizons and Cline Scientific AB. The market is characterized by companies developing proprietary manufacturing technologies. For instance, Cima Nanotech developed SANTE (Self Assembling Nanotech Technology), an innovative self-assembling coating material.

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

Silver Nanoparticles Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Electronics & electrical
• Healthcare
• Food & beverages
• Textiles
• Others

Silver Nanoparticles Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• North America
  • US.
• Europe
  • Germany
  • UK
• Latin America
• Asia Pacific
  • China
  • South Korea
• 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.

Carbon Nanotubes Market Technological Advancements And Mounting Demand Forecast by 2022

Global Carbon Nanotubes (CNT) Market is expected to reach USD 3.42 billion by 2022, according to a new study by Grand View Research, Inc. Increasing application scope of CNT in end-use industries including polymers, electronics, energy, marine, aerospace and automotives is anticipated to drive market growth over the forecast period. Government of China, Japan, U.S. and India have increased funding aimed at promoting nanotechnology at domestic level which is expected to open new avenues for CNT market over the next seven years.

Global carbon nanotubes (CNT) market is anticipated to witness growth due to growing application scope of nanomaterials in electronics, plastics and energy storage applications. Favorable regulatory support intended for promoting nanotechnology at domestic level by governments of the U.S., Japan and countries of European Union has played an important role in increasing importance of nanomaterials over the past few years. CNT is majorly used as composite fiber in polymers for improving thermal, electrical and mechanical properties of bulk products. Growing polymer production on account of increasing application scope in construction and automotive industries in emerging economies including China, India, Brazil and the Middle East is anticipated to augment carbon nanotubes market over the forecast period.

Polymers were the largest application segment, accounting for over 60% of global CNT market volume in 2014. CNT are increasingly being fortified in polymers such as composites and plastic derivatives for improving electrical, thermal and mechanical strength of the end product. Growing application of polymers in construction, automotive and consumer goods industry is anticipated to have a positive impact on CNT market over the forecast period.

Access Research Report of Carbon Nanotubes Market @ http://www.grandviewresearch.com/industry-analysis/carbon-nanotubes-cnt-market

Further key findings from the study suggest:

• Global CNT market demand was stood at 5,064.1 tons in 2014 and is anticipated to exceed 20,000 tons by 2022, growing at a CAGR of over 18% from 2015 to 2020.
• Multi walled carbon nanotubes (MWCNT) was the largest product segment, accounting for majority market volume in 2014. Lower price in comparison to other CNT products is expected to promote market growth.
• Asia Pacific was the largest CNT market, accounting for over 40% of global volume in 2014. Growing plastic and composite industries in China and India on account of increasing domestic demand coupled with low manufacturing cost as compared to North America and countries of EU is anticipated to augment CNT market. Positive electronics industry outlook in China, South Korea, Singapore, Taiwan and Japan is expected to significantly impact CNT market over the next seven years.
• Global CNT market was dominated by four companies, Showa Denko, Nanocyl, CNano Technology and Future Carbon, accounting for the lions share in 2014. Product innovation through increased R&D expenditure is anticipated to remain a key critical success factor for CNT market over the forecast period. High manufacturing cost is expected to remain a key challenge for CNT market players..

For the purpose of this study, Grand View Research has segmented the global CNT market on the basis of application and region:

Global CNT Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Single Walled Carbon Nanotubes (SWCNT)
• Multi Walled Carbon Nanotubes (MWCNT)

Global CNT Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Polymers
• Energy
• Electrical & Electronics
• Others

Global CNT Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Latin America
• Asia Pacific
• 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.

Electronic Soap Dispensers Market Size Worth $1.01 Billion By 2025

The global electronic soap dispenser market size is expected to reach USD 1.01 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.0% during the forecast period. Rising awareness about personal hygiene is projected to drive the product demand. In addition, growing adoption of smart kitchens and bathrooms is expected to further propel the demand for automatic dispensers in both residential and nonresidential sectors.

The product has been segmented by raw materials which includes plastic, steel, and other materials such as glass, ceramic, and aluminum. Plastic is the most common raw material due to its low cost. Plastic products are significantly popular in the commercial and institutional segment, as these sectors require the product in bulk. However, rapid growth of the smart bathroom and kitchen in the residential sector is expected to fuel the growth of the fancy products made of steel, which complements the steel faucets. Thus, the metal dispenser market is expected to expand with the expansion of the smart and fancy bathroom interiors.

Asia Pacific is expected witness the fastest CAGR in 2019 to 2025 due to steady growth of the construction industry. Residential construction, hotels, and educational institutes are major construction activities of this region. According to the Asia Construction Outlook, in 2015, the infrastructure sector accounted for 37% of the total construction spending, of which 34% of the infrastructure projects were residential in 2015. This significant rise in residential, hotel, and public infrastructure is anticipated to boost the demand for electronic soap dispenser in the foreseeable future.

The key competitors in the electronic soap dispensers market include, American Specialties, Inc.; Toto Ltd.; Umbra; ORCHIDS INTERNATIONAL; simplehuman; Lovair; Toshi Automatic Systems Pvt. Ltd.; Bobrick Washroom Equipment, Inc.; ZAF ENTERPRISES; and Shenzhen City Svavo Bathroom Products Co., Ltd.

In December 2017, Sloan Valve Company, a global plumbing company partnered with GOJO Industries, Inc., a hand hygiene and skin care products manufacturer, to launch a new range of sensor-activated soap dispenser called PURELL Hand Sanitizer. This product line is designed paired with the popular faucets well suited for commercial sector including offices, airports, and schools.

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

Further key findings from the report suggest:

• North America held or the largest electronic soap dispensers market share of more than 35% in 2018
• Asia Pacific is expected expand at the fastest CAGR of 9.2% from 2019 to 2025
• Commercial application segment held the leading market share of 50.9% in 2018
• Plastic held the largest market share of 69.2% in the raw material segment in 2018

Grand View Research has segmented the global electronic soap dispensers market on the basis of raw material, application, and region:

Electronic Soap Dispensers Raw Material Outlook (Revenue, USD Million, 2015 - 2025)

• Plastic
• Steel
• Others

Electronic Soap Dispensers Application Outlook (Revenue, USD Million, 2015 - 2025)

• Commercial
• Institutional
• Residential

Electronic Soap Dispensers Region Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • 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.

Frozen Desserts Market Set to Record Exponential Growth by 2025: Grand View Research Inc.

The global frozen dessert market size is expected to reach USD 135.0 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Increasing demand for frozen dessert products across the globe, rising disposable income, growing trend of consuming frozen desserts after meal as an effective digestive product, and climate change are the key factors for industry growth.

These desserts are mainly made up of milk compounds, vegetable fats, along with a mixture of flavors and dry fruits. Rising awareness regarding health benefits of these products is also driving the market. Climate change is another factor likely to create high demand for desserts such as ice cream and yogurt on a global scale. It is estimated that the demand for ice-creams alone can easily go up to 50% in hot day and drop 20% if the weather is bad. Customers believe that they eat ice creams just to cool down their body temperature in hot climate, thereby fueling the growth of the market.

North America was the largest regional market in the year 2018 owing to growing demand for ice creams in the region. In 2018, U.S. was the largest market that accounted for 91.6% share in the North America market. Changing lifestyle, along with increasing health consciousness, is fueling the growth of this market. Frozen yogurt is the most popular product under this segment, having more than 400 brands that offer numerous flavors to consumers.

Considering this, the United States Department of Agriculture (USDA) initiated several projects to promote the consumption of yogurt and related products across the region. Low-fat yogurt is a great source of calcium and is increasingly promoted by the organization for health and nutrition. Asia Pacific is expected to emerge as the fastest growing regional market in the forecast period. Growing urban population, changing lifestyle, rising disposable income, and changing weather conditions are some of the major factors driving the market in this region.

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

Further key findings from the study suggest:

• By product, frozen yogurt is projected to expand at a CAGR of 6.8% over the forecast period
• Based on distribution channel, the supermarket/hypermarket segment held a revenue share of 43.1% in 2018
• S., Italy, Germany, Japan, India, Brazil, and South Africa for frozen desserts market are the major countries which holds the largest share in their respective regions.

Grand View Research has segmented the global frozen desserts market on the basis of product, distribution channel, and region:

Frozen Desserts Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Confectionary & Candies
• Ice Cream
• Frozen Yogurt
• Others

Frozen Desserts Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Supermarket/Hypermarket
• Convenience Stores
• Cafes & Bakery Shops
• Online
• Others

Frozen Desserts Regional Outlook (Revenue, USD Billion, 2015 - 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.

Home Fragrance Market Increase at a CAGR of 4.4% from 2019 to 2025: Grand View Research Inc.

The global home fragrance market size is expected to reach USD 9.1 billion by 2025, expanding at a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. High demand for home fragrances, growing need for aromatherapy at households, introduction of new aesthetic pleasing products, change in consumer preferences, and improved standard of living are driving the global market. In addition, increasing awareness regarding hygienic lifestyle is expected to drive the market in the forecast period.

Supermarkets and hypermarkets generated a revenue of USD 3.4 billion in 2018. Availability of home scents is increasing in these channels due to growing trend of improved lifestyle and need for a relaxed environment with aroma. The online distribution channel segment is expected to expand at a CAGR of 5.1% over the forecast period where the consumer can access a wide range of scents. This is expected to remain a key driver for the market growth over the forecast period. Portals such as Alibaba, Amazon, Big basket, Grofers, Walmart, and Pepper fry are a few of them that are engaged in e-commerce for home fragrances.

The spray product segment held the largest share and generated a revenue of USD 2.2 billion in 2018. This segment consists of lavender, jasmine, and rose fragrances applicable for bedrooms and washrooms. Scent candles are likely to expand at a CAGR of 4.1% over the forecast period. Diffusers are anticipated to register a CAGR of 3.9% as they have the ability to control home scent experience. Growing awareness regarding performance and functionality of home fragrance products, such as controlled release systems, is a key factor driving the product demand.

Demand for these scents has increased due to increasing consciousness of home aroma as a personality reflector. But apart from showcasing the lavish lifestyle, manufacturers are making people aware about the benefits and comfort that a consumer can gain from these various home fragrances. Major market players have been carrying out extensive research and development to make these products available to consumers as per their needs.

For instance, various market players are involved in the manufacturing of a variety of home scents that could restore the essence of aroma. Innovations such as Airia, a home fragrance launched by Procter and Gamble that can be controlled through smartphone app with the help of ink jet technology, are driving the demand for these fragrances in upcoming years.

Europe was the largest regional home fragrance market in 2018 and generated a revenue of USD 2.2 billion. The region is expected to maintain its lead over the forecast period. Key players in the global market include Reckitt Benckister; Procter and Gamble; Godrej; S. C. Johnson & Son, Inc.; Air Esscentials; Newell Brands; 3M company; Scent Air; Esteban Paris; and Korona Candles S.A.

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

Further key findings from the study suggest:

• By product,candles are expected to register a CAGR of 4.1% from 2019 to 2025, followed by diffusers with a CAGR of 3.9%. Sprays dominated the global market with a revenue share of 33.6% in 2018
• Europe dominated the market in 2018 with a revenue of USD 2.2 billion. This trend is projected to continue over the next few years. Product demand is growing in Asia Pacific due to increase in awareness and changing taste and preference for home odor
• The home fragrance market is highly competitive due to presence of the main players including Reckitt Benckister; Procter and Gamble; Godrej; and S. C. Johnson & Son, Inc.
• Newell Brands joined hands with Wood Wick and Chesapeake Bay Candle brands in 2017 to expand its product portfolio
• Various manufacturers are concentrating on new product launches and capacity expansion to estimate existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global home fragrance market on the basis of product, distribution channel, and region:

Home Fragrance Product Outlook (Revenue, USD Million, 2015 - 2025)

• Sprays  
• Diffusers
• Candles
• Others

Home Fragrance Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online

Home Fragrance Regional Outlook (Revenue, USD Million, 2015 - 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.