Drilling Fluids Market to Reflect a Significant CAGR of 4.2% by 2027: Grand View Research Inc.

 The global drilling fluids market size is projected to reach USD 11.1 billion by 2027, according to a new report by Grand View Research, Inc. The market is projected to witness a moderate CAGR of 4.2% over the forecast period. Revival of new exploration and production projects on account of recovery in oil prices over the next few years is expected to drive the market growth over the forecast period. 

Ongoing demand for advanced and better formulations for horizontal and directional drilling is expected to provide opportunity to market players. Moreover, the rise in demand for oil and gas has resulted in oil exploration companies exploring unconventional methods of oil extraction.

However, some European countries have established stringent norms for drilling fluids. This is because some drilling fluids, for instance, oil-based fluids, when discharged in water, can form piles of mud and cuttings that cover parts of the seabed which hinders aquatic life. These factors are expected to hinder the growth of the market over the forecast period.

Governments in various countries around the world such as U.S., Indonesia, China, and Australia are taking favorable initiatives to explore untapped oil resources. For instance, the Indonesian government provides favorable trade policies such as 0% import duty on imports of floating or submarine production facilities and drilling platforms, thereby driving the demand for unconventional drilling techniques. Moreover, reduced taxes are applicable over Foreign-owned Drilling Companies (FDCs) carrying out drilling activities in Indonesia, which is another factor driving the demand for drilling fluids.

Access Research Report of Drilling Fluids Market@ https://www.grandviewresearch.com/industry-analysis/drilling-fluids-market-analysis

Further key findings from the report suggest:

• Onshore emerged as the leading application segment of the overall market in 2019 owing to the presence of a large number of onshore oil rigs as compared to offshore oil rigs
• In 2019, North America dominated the global market due to the presence of favorable initiatives taken by the governments in U.S. and Canada for the exploration of oil and gas
• Asia Pacific is expected to register the highest growth rate over the forecast period owing to a rise in oil exploration and production activities in countries such as China, Australia, Brunei, and Indonesia
• The water-based fluids segment dominated the market in 2019 owing to factors such as increase in environmental concerns and cost-effectiveness of these fluids
• Synthetic-based fluids is expected to register a significant growth rate over the forecast period owing to its low toxicity, low bioaccumulation potential, and lower fluid loss when compared to other variants
• Major players in the drilling fluids market include Schlumberger, Baker Hughes, Halliburton, Weatherford International, and National Oilwell Varco. Market players focus on R&D activities and enhancing their product portfolio. 

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

Drilling Fluids Product Outlook (Revenue, USD Million, 2016 - 2027)

• Oil-based fluids (OBF)
• Water-based fluids (WBF)
• Synthetic-based fluids (SBF)
• Others

Drilling Fluids Application Outlook (Revenue, USD Million, 2016 - 2027)

• Onshore
• Offshore

Drilling Fluids Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK.
  • Russia
  • Norway
  • Azerbaijan
  • Kazakhstan
• Asia Pacific
  • China
  • India
  • Indonesia
  • Malaysia
  • Pakistan
  • Myanmar
  • Singapore
  • Australia
  • Vietnam
  • Thailand
• Middle East
  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Iran
  • Iraq
• Africa
  • Algeria
  • Libya
  • Nigeria
  • Gabon
  • Zaire
• Central & South America
  • Brazil
  • Argentina
  • Venezuela
  • Columbia
  • Peru

 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.

Gelatin Market Expected To Trigger A Revenue To $6.7 Billion By 2027: Grand View Research, Inc.

 The global gelatin market size is expected to reach USD 6.7 billion by 2027, registering a CAGR of 9.2% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand from several end-use industries including nutraceutical owing to its high protein content is expected to drive the product demand over the forecast period.

Gelatin is an essential biopolymer extensively used to improve elasticity, consistency, and stability in several end-use products and can be sourced from skin and bones of cattle and pigs as well as from scales of fish. Bovine is one of the most common sources for the extraction of gelatin, which is found in cow bones, cartilage, and hides. Different grades of gelatin are extracted from bones, hides, and cartilage. It is available in abundance on account of large number of cows and increasing beef production.

Gelatin from marine sources is expected to witness a high growth rate over the forecast period, since it superior than types that are derived from other sources, owing to its high absorption rate and bioavailability. High absorption rate into the bloodstream allows in effectively improving the gelatin levels in the body, especially skin. However, marine gelatin costs relatively higher than bovine and porcine ones, which is expected to restrain its market growth.

The growing focus on personal care, health, and fitness is expected to drive the gelatin market over the forecast period. The demand for plant-based gelatin in countries such as India is rising, since the consumption and slaughter of beef and cattle is prohibited. In addition, the increasing use in healthcare and pharmaceutical applications is expected to have a positive impact on the market.

The market is characterized by a number of localized players that are involved in the supply of raw materials and product manufacturing. In addition, the market is highly dominated by majority of the players involved in the manufacturing and distribution of gelatin products. The growing applications of gelatin and related products are likely to drive the demand for the product over the forecast period.

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

Further key findings from the report suggest:

• The global market is likely to generate a demand for 868.9 kilotons by 2027 owing to rising demand for convenience and functional food and beverage products, coupled with its augmented use in the pharmaceutical application
• In terms of revenue, Asia Pacific emerged as the fastest growing region in the gelatin market across the globe
• Asian countries particularly India and China are likely to witness a remarkable growth in next seven years due to growing population and increased per capita income
• The market is highly fragmented and competitive, with the presence of well-established industry players trying to gain an edge in the competition
• Some of the key companies present in the market are Gelita AG; Nitta Gelatin Inc.; Capsugel Inc.; Darling Ingredients Inc.                                                                          

Grand View Research has segmented the global gelatin market on the basis of raw material, function, application, and region:

Gelatin Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

• Pig Skin
• Cattle Bones
• Bovine Hides
• Others

Gelatin Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

• Stabilizer
• Thickener
• Gelling Agent   
• Others

Gelatin Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

• Food & Beverage
  • Confectionery
  • Dairy Products
  • Meat & Poultry Products
  • Desserts
  • Beverage
  • Others
• Personal Care
• Pharmaceutical
• Nutraceutical
• Photography
• Others

Gelatin Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

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

PP Nonwoven Fabric Market to Rise at 6.5% CAGR from 2019 to 2025: Grand View Research Inc.

 The global polypropylene nonwoven fabric market size is expected to reach USD 33.2 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 6.5% CAGR during the forecast period. Rising penetration of the product in geotextiles on account of its properties such as tear and puncture resistance and temperature fluctuation tolerance is expected to boost product demand over the forecast period.

Increasing consumption of absorbent hygiene products to offer quality of life by improving skin health, hygiene, discretion, reliability, and convenience, along with increased mobility and flexibility, is expected to drive demand for PP nonwoven fabrics in personal care and hygiene products manufacturing applications.

Rapid growth in birth rate, coupled with rising awareness pertaining to the benefits of baby diapers, is expected to boost market growth. In addition, product attributes such as resistance to numerous chemical solvents, acids, and bases contribute positively to product demand in various application industries.

Players in the industry are involved in increasing sales through new product development and enhancing production capacity to obtain a competitive edge. However, the market is moving towards consolidation owing to rising number of mergers and acquisitions and increasing overall production capacity to cater to growing demand in Asian countries.

Access Research Report of PP Nonwoven Fabric Market @ https://www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market

Further key findings from the report suggest:

• The staples segment is likely to expand at a CAGR of 5.8% in terms of revenue from 2019 to 2025 on account of its increasing penetration in medical application such as gloves, medical packaging, surgical gowns, masks, drapes, and covers
• The automotive segment is expected to register a CAGR of 6.4% from 2019 to 2025 owing to rising consumer demand for superior car aesthetics, wherein the product is used to manufacture decorative fabrics, bodywork parts, and loudspeaker covers
• Asia Pacific is anticipated to reach USD 14.29 billion by 2025 on account of increasing child and infant population, coupled with increased awareness for usage of baby diapers in the region, especially in China and India
• Product demand in U.S. accounted for USD 3.15 billion in 2018 on account of its rising penetration in medical applications, coupled with presence of numerous multinational baby diaper and baby care product manufacturing companies
• Major players in the market are focusing on investments in installation of new facilities in emerging economies of Asia, especially China, owing to low raw material cost and inexpensive labor, which is likely to benefit companies in increasing profit margins.

Grand View Research has segmented the global polypropylene (PP) nonwoven fabric market on the basis of product, application, and region:

PP Nonwoven Fabric Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Spunbonded
• Staples
• Meltblown
• Composite

PP Nonwoven Fabric Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Hygiene
• Industrial
• Medical
• Geotextiles
• Furnishings
• Carpet
• Agriculture
• Automotive
• Others

PP Nonwoven Fabric Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Oceania
  • Taiwan
  • Thailand
  • Malaysia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • Turkey
  • South Africa
  • Egypt

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.

Adhesives & Sealants Market to Rise at 5.6% CAGR from 2017 to 2025

 The global adhesives and sealants market size is expected to reach USD 82.4 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.6% during the forecast period. High demand for adhesives and sealants from construction, packaging, assembly, and automotive sectors coupled with their rapidly expanding application scope are the significant factors stimulating the growth.

The market has witnessed a significant rise in R&D spending with companies focusing on developing bio-based alternatives due to stern environmental policies. Soybean-derived polyols, vegetable oil-based polyamides, epoxies, and polyisoprenes are the major bio-based adhesives and sealants. However, their cost of production is higher than conventional adhesives, which poses a limitation on their adoption rates.

Water-based adhesives segment captured the highest market share in 2017 owing to environment-friendly product formulation. In addition, the zero emissions of Volatile Organic Compounds (VOCs) by these products is a prominent factor that is expected to propel demand in near future.

Fast paced lifestyle along with the growing middle class population is driving growth of the packaging sector in Asia Pacific. This is expected to boost the adhesives and sealants market as a large volume of adhesive consumption goes into packaging applications, such as carton boxes, envelopes, carton closures, cups, flexible packaging, specialty packaging, bags, and disposables.

Sealants find huge applications in construction industry owing to their quick seal abilities and longer endurance on substrates. Waterproofing sealants are majorly used for exterior applications, such as terrace, balcony and other building components. Tilting and several other sealants are particularly used in interior applications and owing to these vivid application scopes, these sealants have high penetration capacity across growing economies with huge building project funds and government aid.

Asia Pacific is expected to be the fastest growing region during the forecast period. Surge in automotive sector is expected to have a positive influence on regional market growth. Automotive companies are merging their businesses with the adhesives and sealants formulating giants to cut down their cost of procurement and to enhance their supply chain efficiency, and to reducing the operational time per unit production. Apart from the automotive sector, there is a significant demand for adhesives and sealants from plywood applications in the furniture industry, which further fuels market growth.

The market for adhesives and sealants has witnessed significant mergers and acquisitions in the recent past. The principal objective behind this strategy was to acquire a significant share in regional markets and reduce distribution costs. For instance, in March 2017, Avery Dennison Corporation announced the acquisition of Hanita Coatings, an Israeli manufacturer of pressure-sensitive materials like specialty films and laminates.

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

Further key findings from the report suggest:

• In terms of revenue, water based adhesives is predicted to witness the fastest CAGR of 6.5% over the forecast period, on account of environment friendliness and extensive utilization of the product in paper laminations, labeling, tapes, and bag manufacturing among other applications
• Silicone led the sealants market in 2017 terms of volume share owing to superior resistance to weathering and aging of the product
• Acrylic segment held the dominant market share of 35.7% in terms of volume in 2017, owing to its superior properties, such as high strength, environmental resistance, immediate tack, and capacity to bond on various substrates
• In terms of revenue, the automotive application of sealants is predicted to witness the fastest CAGR of 6.8%, during the forecast period owing to rising automotive sales in Asia Pacific
• Asia Pacific captured the highest market share of 42.7% in terms of revenue in 2017 owing to the significant growth of end-use industries like construction, automotive, and packaging
• The global adhesives and sealants market is highly fragmented in nature with over 65% share occupied by medium and small enterprises.

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

Adhesives Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Water based
• Solvent based
• Hot melt
• Reactive & other

Adhesives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Acrylic
• PVA
• Polyurethanes
• Styrenic block
• Epoxy
• EVA
• Other

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

• Pressure sensitive applications
• Packaging
• Construction
• Furniture
• Footwear
• Automotive
• Other

Sealants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Silicones
• Polyurethanes
• Acrylic
• Polyvinyl acetate
• Other

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

• Construction
• Automotive
• Packaging
• Assembly
• Pressure sensitive tapes
• Consumers
• Other

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

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Sealants 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.

Activated Carbon Market To Reap Over $14.66 Billion In Revenues By End Of 2025: Grand View Research Inc.

 The global activated carbon market size is expected to reach USD 14.66 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 17.5% during the forecast period. Rising consumption of water and air purification in clinker cement industries and coal fired plants is anticipated to drive the demand for powdered and granular form of activated carbon.

Activated carbon has high porous structure and adsorption capacity, hence it is highly consumed in water and air purification process among numerous end-use industries. Applications in removal of toxic gases, acids, metallic particles, and mercury from coal and oil powered plants are expected to fuel the growth of the market. Changing lifestyle and increasing health awareness is expected to further drive the market in the forthcoming years.

In water treatment applications, it is consumed in municipal water treatment, domestic water purification and groundwater remediation. Pharmaceutical industry uses activated carbon as an antidote to poison caused by toxins ingestion. Applications into food and beverage industry includes removal of unwanted odor and color from the consumable products. Increasing environmental pollution due to vehicular emission and industrial gases is projected to drive the demand from air purification segment.

Various regulating authorities have made stringent regulations for environmental pollution control and have promoted activated carbon in water and air treatment plants, which in turn is estimated to propel the activated carbon market over the forecasted period. The European commission regulates water pollution and industrial wastewater discharge. The U.S. Environmental Protection Agency (EPA) governing mercury emission from coal power plants has recommended use of the product for removing chemical impurities. Implementation of these regulations is expected drive the product consumption over the forecasted period.

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

Further key findings from the report suggest:

• Air purification segment held the leading market share of over 40% in 2018. Growing awareness regarding health benefits of air filtration coupled with regulations such as the Clean Air Act is further anticipated to drive the growth
• Water and wastewater treatment is expected to expand at an indicated CAGR of a 17.6% from 2019 to 2025. The growth can be attributed to increasing application in municipal plants, ground water remediation, and beverage industry
• Asia Pacific continued to be the dominant region in 2018 as well as accounting for over 40% of the overall market share in the same year. Increasing usage in air and water purification and emergence of novel applications such as pharmaceutical and food and beverage industry in the region is expected to drive the product demand
• Key players operating in the activated carbon market include Kureha Corporation; Carbon Activated Corporation; ADA-ES Inc.; Haycarb PLC; Carbotech; Carbon Resources LLC; Cabot Corporation; MeadWestvaco Corporation; and Calgon Carbon Corporation

Grand View Research has segmented the global activated carbon market on the basis of product, application, end use, and region:

Activated Carbon Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Powdered
• Granulated
• Others

Activated Carbon Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Liquid Phase
• Gas Phase

Activated Carbon End Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Water Treatment
• Food & Beverage Processing
• Pharmaceutical & Medical
• Automotive
• Air purification
• Others

Activated Carbon Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • South 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.

Animal Feed Additives Market Expected To Trigger A Revenue To USD 47.32 Billion By 2027: Grand View Research, Inc.

 The global animal feed additives market size is expected to reach USD 50.88 billion by 2027, registering a revenue-based CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Growing need to enhance the overall feed properties is one of the critical factors driving product demand. Increased consumption of meat and meat products as the primary source of protein and other nutrients is estimated to further drive the demand.

Feed additives are considered to be an essential source of nutrition for animals. They are proven to be beneficial for improving feed quality, digestion, and conversion, thereby improving overall animal health. Different types of additives include amino acids, antioxidants, feed enzymes, vitamins, antibiotics, and feed acidifiers.

Feed enzymes are becoming popular among manufacturers and livestock producers. They increase the nutritive value, reduces cost, and improves the conversion ratio. The dominant type of enzyme products includes Carbohydrase, non-starch polysaccharides, phytase, and protease. The market players are focused on developing cost-effective products. For example, Novozymes, a key market player, in partnership with DSM, launched its enzyme under the brand name BalanciusTM. The enzyme is mainly developed for improving gut health of broiler chickens, which facilitates sustainable production.

Antibiotic is a significant type of animal feed additives consumed worldwide. Its ability to promote growth in livestock was one of the primary factors that have helped in developing its market. However, the excessive use of antibiotics as growth promoters resulted in the local bacterial population becoming resistant to the antibiotics. Traces of antibiotics in meat can also affect human health because of their excess use as growth promoters. Several countries are now imposing a ban on the use of antibiotics in animal feed and feed additive formulations. For instance, the Indian government recently imposed a ban on the use of Colistin, an antibiotic used for fattening the livestock. Thus, the growing implementation of the antibiotic ban by regulatory bodies is projected to hamper the market growth over the forecast period.

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

Further key findings from the report suggest:

• In terms of revenue, Asia Pacific emerged as the fastest growing region and is projected to continue its dominance, with India and China likely to witness a remarkable growth in next seven years
• Poultry emerged as the largest livestock segment in 2019, with a market share of more than 37% in terms of volume
• The animal feed additives market is highly fragmented and competitive in nature with presence of well-established players
• AFB International; Alltech; Kemin Industries Inc.; Evonik; DuPont; DSM; Nutreco N.V.; Archer Daniels Midland; and Cargill are the major players operating in the market

Grand View Research has segmented the global animal feed additives market report on the basis of product, livestock, and region:

Animal Feed Additives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Antibiotics
• Vitamins 
  • Vitamin A
  • Vitamin E
  • Vitamin B
  • Vitamin C
  • Other
• Antioxidants
• Amino Acids 
  • Tryptophan
  • Lysine
  • Methionine
  • Threonine
  • Others
• Feed Enzymes
  • Phytase
  • Non-starch Polysaccharides & Others
• Feed Acidifiers
• Others

Animal Feed Additives Livestock Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Pork/Swine
• Poultry
• Cattle
• Aquaculture
• Others

Animal Feed Additives Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America 
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Spain
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Vietnam
• 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.

Animal Feed Organic Trace Minerals Market to Represent a Significant Expansion at 7.3% CAGR from 2017 to 2025

 The global animal feed organic trace minerals market size is expected to reach USD 880.2 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.4% during the forecast period. Increasing R&D investments by manufacturers like Alltech and Archer Daniels Midland Co. to reduce the manufacturing cost and to expand the product application is estimated to boost overall growth.

Minerals used in traces perform specific functions in different animals. For instance, zinc helps the formation of eggshell and eggshell membrane in poultry. Manganese helps in synthesis of fatty acids and cholesterol and formation of melanin in poultry, while copper helps hatchability and fertility of eggs.

However, regulations regarding restricting the use of zinc and copper in animal feed have resulted in promoting the use of these minerals in combination with amino acids, further estimated to fuel overall market growth. Asia Pacific is estimated to account for the largest market share in 2025 owing to growth of meat industry and high demand from countries such as China and India.

However, Europe and North America are also expected to have a positive impact on growth of the animal feed organic trace minerals market. As per the International Feed Industry Federation (IFIF), commercial production of feed takes place in over 130 countries and produces a maximum annual turnover every year. Emerging animal feed industry is estimated to play a major role in the market growth over the forecast period.

Access Research Report Of Animal Feed Organic Trace Minerals Market https://www.grandviewresearch.com/industry-analysis/animal-feed-organic-trace-minerals-industry

Further key findings from the report suggest:

• Zinc accounted for 35.60% of total market share in U.S. in 2018 and is estimated to expand at a healthy CAGR over the forecast period owing to its properties to improve the immunity of animals
• Iron is the second largest product segment and is estimated to expand at a CAGR of 7.8% in the forthcoming years to come owing to rising awareness regarding imbalance in tissue metabolism caused due to iron deficiency
• Poultry sector is estimated to expand at a healthy CAGR over the forecast period owing to rising demand for animal protein sources and technological developments for better vaccinations to animals
• Pork segment is estimated to expand at a CAGR of 7.4% during the projected period owing to rising demand for high-quality pork, growth in consumption, and the product being a rich source of protein
• Alltech; Cargill Inc.; Biochem; and Archer Daniels Midland Co. are some of the major manufacturers operating in the animal feed organic trace minerals market. These companies, through strategic initiatives such as expansions, investments, and partnerships, try to expand their market share and global presence

Grand View Research has segmented the animal feed organic trace minerals market on the basis of product, application, and region:

Animal Feed Organic Trace Minerals Product Outlook (Revenue, USD Thousand, 2014 - 2025)

• Zinc
• Iron
• Copper
• Selenium
• Others (Manganese and Cobalt)

Animal Feed Organic Trace Minerals Application Outlook (Revenue, USD Thousand, 2014 - 2025)

• Dairy Cattle
• Poultry
• Horses
• Pigs
• Others (Aqua Food and Pet Food)

Animal Feed Organic Trace Minerals Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Vietnam
• 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.

Technical Insulation Market Size, Industry Share And Growth Analysis For 2020-2027: Grand View Research Inc.

 Technical Insulation Market Growth & Trends

The global technical insulation market size is expected to reach USD 8.8 billion by 2027, expanding at a CAGR of 2.5%, according to a new report by Grand View Research, Inc. Increasing acceptance of technical insulation across a wide range of applications such as commercial, energy, industrial and OEM is projected to benefit industry growth.

Rapid industrialization across the globe on account of the rising population is anticipated to promote the market. In addition, rising awareness related to the benefits of technical protection of the equipment, personnel, and system is anticipated to drive the market over the forecast period.

Rapid expansion of the commercial sector across the developing economies including China, India, Indonesia, and South Korea is projected to stimulate the demand for HVAC systems, acoustic protection, refrigeration, heating and plumbing protection facilities, thereby driving the industry.

Low awareness related to technical protection coupled with the high capital investment at the initial state is estimated to restrict the expansion of the market. In addition, lack of skilled labors and high cost of raw materials are factors likely to pose a threat to the market over the forecast period.

Request a free sample copy or view report summary: Technical Insulation Market Report

Technical Insulation Market Report Highlights

• The hot insulation segment accounted for USD 2.9 billion in 2019 and is projected to witness a CAGR of 2.9% from 2020 to 2027. Rising demand for hot insulation in industries, OEM, and other applications is projected to benefit segment growth
• The heating and plumbing application segment accounted for 35.4% of market share in 2019 and is projected to witness a CAGR of 2.9% from 2020 to 2027 owing to the rising demand from the industrial and commercial sector
• The industrial and OEM end-use segment is anticipated to grow at a faster rate over the forecast period and reach USD 3.4 billion in 2027 on account of the rising demand for the insulating materials due to its benefits such as protection of pipes and equipment
• In Asia Pacific, the market is projected to witness a CAGR of 3.0% from 2020 to 2027 owing to the rapid expansion of industrial and commercial sector in the economies including India, China, Indonesia, and South Korea
• China accounted for the highest market share in Asia Pacific on account of the growing number of manufacturing industries in the country.

Technical Insulation Market Segmentation

Grand View Research has segmented the global technical insulation market on the basis of type, application, end use, and region:

Technical Insulation Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Hot
• Cold-Flexible
• Cold-Rigid

Technical Insulation Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Heating & Plumbing
• HVAC
• Acoustic
• Refrigeration

Technical Insulation End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Industrial & OEM
• Energy
• Commercial Buildings

Technical Insulation Region Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa

List of Key Players of Technical Insulation Market

• Zotefoams Plc
• Owens Corning
• Kingspan Group Plc
• Rockwool International A/S
• Recticel NV/SA
• Morgan Advanced Materials plc
• Armacell International S.A.
• Aspen Aerogels, Inc.
• Knauf Insulation
• Saint-Gobain
• Palziv Inc.

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.

Industrial Coatings Market Booming Trends and Forecast Assessment for the Period 2020 to 2027

 Industrial Coatings Market Growth & Trends

The global industrial coatings market size is expected to reach USD 101.9 billion by 2027, expanding at a CAGR of 3.0% over the forecast period, according to a new study by Grand View Research, Inc. Increasing product demand from the general industry, automotive and refinish, oil and gas, marine, mining, power generation, electronics and aerospace industry is expected to propel market growth.

Industrial coatings are widely used in general industrial applications such as in heat exchangers, steel structure, containers, concrete, furniture, appliances, and material handling equipment to protect them from heat and humidity. It also helps to protect equipment against corrosion, abrasion, and chemical attack, and thereby improves product efficiency.

Growing economies such as Brazil, China, and India are expected to provide new opportunities for the market on account of rapid industrialization. The presence of a large number of manufacturers is also projected to fuel the demand for industrial coatings for general industrial applications. However, the outbreak of COVID-19 in China and other countries, including India, Australia, Thailand, and Japan, has resulted in lockdown of major cities and caused a sharp slowdown in manufacturing industries, which is expected to hinder market growth in the coming years.

Based on product, the alkyd segment is anticipated to witness substantial growth rate over the forecast period. Alkyd coatings are used in an industrial environment majorly for metal coatings. They have good gloss, color retention, and corrosion resistance properties. In addition, they increase the durability of metal, which find application in the glazing of various structures such as bridges, towers, oil and gas plants, automotive parts, and marine vessels.

Alkyd coatings segment is expected to witness a volume-based CAGR of 2.6% over the forecast period. Rising product demand is attributed to its expanding application scope in construction, automotive, and oil and gas industries. The presence of low VOC is also expected to drive the segment in matured countries of Europe along with U.S. and Canada.

The powder based segment is projected to witness considerable growth during the forecast period. It is more durable and eco-friendly as compared to its counterparts. Powder based coatings have negligible VOC content due to the absence of solvents and thus, they comply more efficiently and economically with the Environmental Protection (EP) regulations. They are widely used in agricultural equipment, automotive, machine components, mechanical parts, building facades, and electrical fixtures to prevent corrosion and provide a thicker blazing. Increasing demand for farming equipment such as tractors in Brazil, India, and China is expected to drive the segment.

Request a free sample copy or view report summary: Industrial Coatings Market Report

Industrial Coatings Market Report Highlights

• Asia-Pacific dominated the market during the forecast period from 2020 to 2027 and is projected to witness a revenue-based CAGR of 3.4%
• The acrylic segment is anticipated to witness highest revenue-based CAGR owing to its rising demand in various end-use industries
• Various strategic initiatives were recorded over the past few years in order to boost the growth of the market. For instance, in July 2019, Axalta Coating Systems, LLC showcased its new technology Amarium Pre-Catalyzed Lacquers for use in wood blazings. The new technology is employed for various applications including wooden furniture, cabinets, and other interior wood surfaces and protects the surface from ultra-violet radiation.

Industrial Coatings Market Segmentation

Grand View Research has segmented the global industrial coatings market on the basis of product, technology, end use, and region:

Industrial Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others

Industrial Coatings Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Solvent Borne
• Water Borne
• Powder Based
• Others

Industrial Coatings End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• General Industrial
• Marine
• Automotive & Vehicle Refinish
• Electronics
• Aerospace
• Oil & Gas
• Mining
• Power Generation
• Others

Industrial Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.       
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE

List of Key Players of Industrial Coatings Market

• Akzo Nobel N.V.
• Axalta Coating Systems, LLC
• Jotun
• PPG Industries, Inc.
• The Sherwin-Williams Company
• Nippon Paint Holdings Co., Ltd.
• Hempel A/S

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.

Water Treatment Chemicals Market Growth in the Coming Years

 Water Treatment Chemicals Market Growth & Trends

The global water treatment chemicals market size is anticipated to reach USD 41.2 billion by 2030, registering a CAGR of 3.2%, according to a new report by Grand View Research, Inc. Rapid industrialization coupled with increasing awareness towards pollution and recycling of wastewater is anticipated to drive the market growth. It is explained as a process engaged in eliminating the contaminants by using various techniques. In the process, the waste or contaminated fluid is treated with chemicals to make it adequate for human consumption.

Growing worldwide consumption along with favorable government regulations for the use of chemicals is estimated to drive the market across the globe. In addition, increasing world population and growth in industrial activities is also projected to fuel the market growth. However, factors like rising prices of chemicals and growing use of chemical free technologies is projected to restrain the industry growth.

The biocides and coagulants and flocculants segments are projected to lead the market in petrochemical manufacturing and sugar and ethanol sector respectively. The increasing demand for flocculants and biocides in these applications is due to the implementation of stringent government regulations to provide quality and hygienic water for human consumption.

Limited supply of water for several industrial applications is propelled to fuel the product demand for use especially in the fertilizers, petrochemical manufacturing and refining sectors. These sectors collectively account major revenue share of the chemicals used for treatment. Recycling, growth of central wastewater treatment unit for SME’s, and advanced biological treatment technologies are a few factors contributing to the industry growth.

Europe is one of the prominent consumers of water treatment chemicals owing to large consumption of water for industrial sectors such as sugar and ethanol and petrochemical manufacturing. The most widely used chemicals in Europe comprise of corrosion inhibitors, coagulants & flocculants, and biocides among others. The Europe market is driven by implementation of high-water quality standards for several industrial applications along with stringent environmental regulations for treatment processes.

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Water Treatment Chemicals Market Report Highlights

• Scale and corrosion inhibitor is estimated to emerge as the fastest growing product segment owing to their ability to inhibit silica polymerization, and lower the chromate levels and corrosion rates
• Effluent water treatment is estimated to emerge as the fastest growing application segment due to growing inclusion of chemicals in treating industrial fluids or its safe disposal or reusability in the end-user in the environment
• Power is estimated to emerge as the fastest growing end-use segment in relation to increasing attention on alternative energy sources like geothermal energy
• Central and South America is estimated to emerge as the fastest growing region on account of low availability of clean water for domestic and industrial purposes

Water Treatment Chemicals Market Segmentation

Grand View Research has segmented the global water treatment chemicals market on the basis of product, application, end use, and region:

Water Treatment Chemicals Product Outlook (Revenue, USD Million, 2016 - 2030)

• Coagulants & Flocculants
• Biocide & Disinfectant
• Defoamer & Defoaming Agent
• pH & Adjuster & Softener
• Scale & Corrosion Inhibitor
• Others

Water Treatment Chemicals Application Outlook (Revenue, USD Million, 2016 - 2030)

• Raw Water Treatment
• Water Desalination
• Cooling
• Boiler
• Effluent Water Treatment
• Others

Water Treatment Chemicals End-use Outlook (Revenue, USD Million, 2016 - 2030)

• Power
• Oil & Gas
• Chemical Manufacturing
• Mining & Mineral Processing
• Municipal
• Food & Beverage
• Pulp & Paper
• Others

Water Treatment Chemicals Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
• Central and South America
  • Brazil
  • Colombia
• Middle East & Africa
  • Saudi Arabia
  • Azerbaijan
  • Uzbekistan
  • Turkey
  • Turkmenistan
  • Iran
  • Kazakhstan
  • Georgia

List of Companies in the Water Treatment Chemicals Market

• SUEZ
• BASF SE
• Ecolab
• Solenis
• Nouryon
• Kemira Oyj
• Baker Hughes, a GE company LLC
• The Dow Chemical Company
• SNF Group
• Cortec Corporation
• Buckman
• Solvay S.A.
• Kurita Europe GmbH
• Veolia
• Somicon ME FZC
• Green Water Treatment Solutions
• Johnson Matthey

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.

Beverage Carton Packaging Machinery Market Size Is Expected To Reach USD 1.5 Billion by 2027

 Beverage Carton Packaging Machinery Market Growth & Trends

The global beverage carton packaging machinery market size is expected to reach USD 1.5 billion by 2027, expanding at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Rising awareness pertaining to the adverse environmental effects of plastic waste is expected to drive the demand for green packaging materials, in turn, benefitting market growth.

Increasing demand for drinks coupled with growing investment by beverage manufacturers for durable and sustainable secondary packaging is expected to drive the market over the forecast period. In addition, the demand for customized machines with high-tech and reliable machine components is likely to have a positive impact on the market.

Changing consumer lifestyles coupled with growing disposable incomes and increasing demand for a wide range of drinks are expected to positively impact the market. In addition, companies manufacturing drinks are focusing on innovation, which is expected to increase the number of drink options available in the market.

Rising demand for craft drinks as well as CBD-infused drinks is expected to have a positive impact on market growth. In addition, increasing consumer-driven demand for super-premium and premium distilled spirits is further anticipated to drive the growth of the drink industry, thereby driving the market over the forecast period.

Growing focus on automation to reduce the operating and labor costs, and maximize the uptime, is expected to drive the market. However, semi-automatic machines are also likely to generate a sizeable demand, most notably from microbreweries owing to less costly nature compared to the automatic versions.

Request a free sample copy or view report summary: Beverage Carton Packaging Machinery Market Report

Beverage Carton Packaging Machinery Market Report Highlights

• The horizontal end side-load cartoner type segment is likely to have the highest CAGR of 5.2% over the forecast period owing to its suitability for bulk product handling coupled with its ability to attain high speeds
• The automatic mode of operation segment is anticipated to have the highest CAGR over the forecast period owing to the increasing investments in automation, coupled with a growing focus on reducing operating and labor costs
• The non-alcoholic application segment is anticipated to witness a CAGR of 4.8% from 2020 to 2027 owing to the growing demand for bottled water as well as sports and functional drinks
• In Asia Pacific, the market is estimated to witness a CAGR of 5.8% from 2020 to 2027 on account of rapid expansion of the drink industry coupled with the increasing purchasing power of the consumers in the region
• Large manufacturing companies are increasingly demanding customized packaging solutions, including beverage carton packaging machinery that caters to their specific requirements.

Beverage Carton Packaging Machinery Market Segmentation

Grand View Research has segmented the beverage carton packaging machinery market on the basis of type, mode of operation, application, and region:

Beverage Carton Packaging Machinery Type Outlook (Revenue, USD Million, 2016 - 2027)

• Horizontal End Side-Load Cartoner
• Top-Load Cartoner
• Wraparound Cartoner
• Others

Beverage Carton Packaging Machinery Mode of Operation Outlook (Revenue, USD Million, 2016 - 2027)

• Semi-automatic
• Automatic

Beverage Carton Packaging Machinery Application Outlook (Revenue, USD Million, 2016 - 2027)

• Dairy Beverages
• Alcoholic Beverages
• Non-alcoholic Beverages

Beverage Carton Packaging Machinery Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players in the Beverage Carton Packaging Machinery Market

• R.A. Jones
• Jacob White Packaging Ltd.
• Bradman Lake Group Ltd.
• Douglas Machine Inc.
• Mpac Group plc
• KHS GmbH
• Krones AG
• Sidel
• EconoCorp Inc.

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.

Isopropyl Alcohol Market Strong Application and Emerging Trends also Scope by 2027: Grand View Research Inc.

 Isopropyl Alcohol Market Growth & Trends

The global isopropyl alcohol market size is projected to reach USD 4.85 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.2% from 2020 to 2027. Increasing demand for solvents across a wide range of industries globally is anticipated to remain a key factor favoring growth.

The substance is one of the highly used industrial solvents in industries, such as pharmaceuticals, personal care and cosmetics, paints and coatings, and food industry. The chemical is highly preferred in formulating personal hygiene products, including sanitizers, due to its properties of being an excellent disinfectant that works against viruses, bacteria, and other microorganisms.

Isopropyl alcohol (IPA) is the third largest produced lower alcohol globally, after ethanol and methanol. The key applications of isopropyl alcohol is its utility as a solvent in producing various pesticides and herbicides for the agricultural industry, formulating various surface coatings, and producing antiseptic products for personal hygiene industry. Formulations with 70% concentration of IPA against 30% water is proven to be effective as sanitizers by healthcare organizations and other regulatory authorities worldwide.

The recent outbreak of coronavirus is one of the key factors that induced the need for personal hygiene and safety for humans globally. The global pandemic highlighted the use of IPA in formulating hand sanitizers across North America, Middle East, Europe, and Asia Pacific. The first quarter of 2020 reflected high sales of sanitizers, which directly implied hefty consumption of isopropyl alcohol in the marketspace. Companies such as INEOS and ExxonMobil ramped up their production capacities of IPA induced sanitizers in Germany and other parts of Europe. The future demand is expected to be driven by demand stability of polypropylene, which has been one of the major applications.

Request a free sample copy or view report summary: Isopropyl Alcohol Market Report

Isopropyl Alcohol Market Report Highlights

• By application, the cleaning agent segment is anticipated to expand at a CAGR of 7.3% from 2020 to 2027 based on volume owing to rising demand for disinfectant cleaning formulations
• Europe is projected to expand at a revenue-based CAGR of 7.9% over the forecast period due to high demand for sanitizers and personal hygiene products from Germany, Italy, France, and U.K.
• Increasing construction spending in Asia Pacific, which accounts for around 46% share of the global construction expenditure, followed by Europe with a 24% share, will lead to high demand for paints and coatings, thereby directly increasing demand for IPA across these regions
• The chemical end-use segment is anticipated to reach USD 900.8 million by 2027 backed by rising demand for chemicals, such as methyl isobutyl ketone, methyl isobutyl carbinol, and isopropyl acetate.

Isopropyl Alcohol Market Segmentation

Grand View Research has segmented the global isopropyl alcohol market on the basis of application, end use, and region:

Isopropyl Alcohol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 – 2027)

• Antiseptic & Astringent
• Cleaning Agent
• Solvent
• Chemical Intermediate
• Others

Isopropyl Alcohol End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 – 2027)

• Cosmetics and Personal Care
• Pharmaceutical
• Food and Beverages
• Paints and Coatings
• Chemical
• Others

Isopropyl Alcohol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 – 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of Isopropyl Alcohol Market

• Dow Chemical
• Mistral Industrial Chemicals
• INEOS Corporation
• ReAgent Chemicals Ltd.
• LyondellBasell Industries
• Linde Gas
• Ecolab
• Royal Dutch Shell
• ExxonMobil Corporation

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.

Petroleum Resins Market is Estimated to Grow at a CAGR of 6.9% from 2017 to 2025: Grand View Research Inc.

 The global petroleum resins market is expected to reach USD 4.1 billion by 2025, growing at a CAGR of 6.9% from 2017 to 2025, according to a new report by Grand View Research, Inc. The rising demand for petroleum resins in EVA-based adhesives, contact adhesives for footwear, printing inks, sealants, paints, specialty tapes, repositionable tapes, packaging tapes, and permanent labels is expected to increase the market size.

Increasing demand for hydrocarbon resins in adhesives owing to properties such as good adhesion, improved adhesive bond strength, acid resistance, alkali resistance, and water resistance is expected to the drive industry expansion over the forecast period.The development of various petrochemical complex and catalytic polymerization to increase the output of resins is likely to augment the market size over the next eight years.

Automotive was the prominent segment and accounted 23.9% of the overall revenue share in 2016. The segment is expected to register substantial gains owing to the increasing production of passenger cars, light commercial vehicles, and heavy commercial vehicles in countries such as India, Thailand, and China.

Moreover, the Chinese auto sector policies and measures such as Automotive Readjustment and Revitalization Plan, Energy-Saving and New-Energy Auto Industry Plan, and Foreign Direct Investment opportunities are augmenting vehicle production, which in turn is expected to propel the market growth.

Access Research Report of Petroleum Resins Market @ www.grandviewresearch.com/industry-analysis/petroleum-resins-market

Further key findings from the report suggest:

• Hydrogenated petroleum resins is expected to register high volume gains at a CAGR of 6.3% from 2017 to 2025. The rising consumption of the products in EVA/ APAO-based hot melt adhesives and pressure sensitive adhesives as they offer good heat stability, water resistance and compatibility is expected to drive the industry growth.
• The printing ink segment was valued at USD 214.9 million in 2016 and is anticipated to witness high gains on account of the rising usage in commercial printing, publications, packaging, and corrugated cardboards applications
• Europe accounted for 23.4% of the overall volume share in 2016 and is anticipated to witness steady growth due to the presence of major automotive manufacturers including Audi, BMW, Mercedes Benz, Jaguar, Aston Martin, Volkswagen, Volvo, Fiat, Ferrari, Lamborghini, and Porsche
• The global petroleum resins market showcases immense competition with the presence of various large and small-scale participants in Japan, the U.S., and China. Key players include Eastman Chemical Company; ExxonMobil; Zeon Chemicals; Lesco Chemical Limited; Kolon; Neville; Puyang Tiancheng Chemical Co., Ltd.; and The Dow Chemical Company.
• In December 2016, Saudi-based Rufayah Chemicals Company (RCC) signed a deal with Sadara Chemical Company for setting up one of the largest hydrocarbon resin plants with an investment of approximately USD 500 million in the PlasChem Park to produce hydrocarbon resin, pure DCPD, isoprene, aromatic solvents, and premium wash oils
• Zeon Chemicals offers Quintac and Quintone manufactured by using proprietary Isoprene and Piperylene technology having excellent tack, cohesive strength, and holding power

Grand View Research has segmented the global petroleum resins market on the basis of product, application, end use, and region:

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

• C5 resins
• C9 resins
• C5/C9 resins
• Hydrogenated resins

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

• Paints
• Adhesives
• Printing inks
• Rubber & tires
• Tapes & labels
• Others

End-use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Automotive
• Construction
• Packaging
• Consumer goods
• Personal hygiene
• Others

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.

Attractive Market Opportunities in the Aluminum Foil Packaging Market by 2025: Grand View Research Inc.

 The global aluminum foil packaging market size is estimated to reach USD 46.19 billion by 2025, exhibiting a revenue-based CAGR of 4.0% over the forecast period, according to a new report published by Grand View Research, Inc. Increasing demand for packaged food coupled with rapid rise of the pharmaceutical packaging industry is anticipated to drive the growth. Aluminum is infinitely recyclable and contributes to sustainable packaging solutions, which is expected to further drive the market.

Aluminum foil is highly used for packaging numerous products including foods, beverages, medicines, cosmetics, and electronic items. Aluminum is highly useful in packaging industry owing to its properties such as corrosion resistance, ductility, malleability, reflectiveness, and light weight. It also offers impermeable barrier to air and light which increases the product shelf life.

Aluminum foils are used for making numerous packaging products including foil wraps, pouches, blisters, and containers. Aluminum foil containers are majorly used in the food service industry to food packaging. Pouches are chiefly used for packing numerous beverages including juices, energy drinks, and ketchups. Blisters are mainly used for packaging pharmaceutical products.

The aluminum foil packaging market is dominated by Asia Pacific owing to high production of aluminum in China. The Asia Pacific market is expected witness significant growth over the forecast period, owing to high consumer base and rapidly growing food industry. Rapid growth of food delivery services from 2014 to 2018 has further boosted the market growth in the past five years.

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

Further key findings from the report suggest:

• In terms of revenue, the foil wraps product segment is estimated to reach USD 13.67 billion by 2025, mainly driven by the increasing application scope in the tobacco and food and beverages industries
• In terms of revenue, the food and beverages end use segment is expected to experience the highest growth rate over the forecast period, owing to rising demand for ready to eat food products
• The pouches product segment is anticipated to exceed USD 2.2 billion by 2025, owing to versatile applications of the product in numerous industries including food and beverage, pharmaceutical, cosmetic, and tobacco
• The aluminum foil packaging market is highly fragmented in nature, with several small and medium enterprises present in regional market spaces. Product innovation, R&D, geographic expansion, and acquisitions are among the major strategic initiatives adopted by the key market players to reinforce their strong competitive positions in the global market
• Amcor Plc, Constantia Flexibles, Novelis Aluminum, Coppice Alupack Ltd., Reynolds Group Holdings Limited, Aliberico S.L.U., Carcano Antonio S.p.A., and Aleris Corporation are some of the key players operating in the market

Grand View Research has segmented the global aluminum foil packaging market on the basis of product, end use, and region:

Aluminum Foil Packaging Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Foil Wraps
• Pouches
• Blisters
• Containers
• Others

Aluminum Foil Packaging End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Food & Beverage
• Tobacco
• Pharmaceuticals
• Cosmetics
• Others

Aluminum Foil Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia
  • UAE

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.

Gelatin Market Poised to Expand at a Robust Pace Over 2027: Grand View Research Inc.

 The global gelatin market size is expected to reach USD 6.7 billion by 2027, registering a CAGR of 9.2% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand from several end-use industries including nutraceutical owing to its high protein content is expected to drive the product demand over the forecast period

Gelatin is an essential biopolymer extensively used to improve elasticity, consistency, and stability in several end-use products and can be sourced from skin and bones of cattle and pigs as well as from scales of fish. Bovine is one of the most common sources for the extraction of gelatin, which is found in cow bones, cartilage, and hides. Different grades of gelatin are extracted from bones, hides, and cartilage. It is available in abundance on account of large number of cows and increasing beef production.

Gelatin from marine sources is expected to witness a high growth rate over the forecast period, since it superior than types that are derived from other sources, owing to its high absorption rate and bioavailability. High absorption rate into the bloodstream allows in effectively improving the gelatin levels in the body, especially skin. However, marine gelatin costs relatively higher than bovine and porcine ones, which is expected to restrain its market growth.

The growing focus on personal care, health, and fitness is expected to drive the gelatin market over the forecast period. The demand for plant-based gelatin in countries such as India is rising, since the consumption and slaughter of beef and cattle is prohibited. In addition, the increasing use in healthcare and pharmaceutical applications is expected to have a positive impact on the market.

The market is characterized by a number of localized players that are involved in the supply of raw materials and product manufacturing. In addition, the market is highly dominated by majority of the players involved in the manufacturing and distribution of gelatin products. The growing applications of gelatin and related products are likely to drive the demand for the product over the forecast period.

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

Further key findings from the report suggest:

• The global market is likely to generate a demand for 868.9 kilotons by 2027 owing to rising demand for convenience and functional food and beverage products, coupled with its augmented use in the pharmaceutical application
• In terms of revenue, Asia Pacific emerged as the fastest growing region in the gelatin market across the globe
• Asian countries particularly India and China are likely to witness a remarkable growth in next seven years due to growing population and increased per capita income
• The market is highly fragmented and competitive, with the presence of well-established industry players trying to gain an edge in the competition
• Some of the key companies present in the market are Gelita AG; Nitta Gelatin Inc.; Capsugel Inc.; Darling Ingredients Inc.                                                                          

Grand View Research has segmented the global gelatin market on the basis of raw material, function, application, and region:

Gelatin Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

• Pig Skin
• Cattle Bones
• Bovine Hides
• Others

Gelatin Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

• Stabilizer
• Thickener
• Gelling Agent   
• Others

Gelatin Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

• Food & Beverage
  • Confectionery
  • Dairy Products
  • Meat & Poultry Products
  • Desserts
  • Beverage
  • Others
• Personal Care
• Pharmaceutical
• Nutraceutical
• Photography
• Others

Gelatin Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)

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