Monday, 5 October 2020

Canopy Market to Grow at CAGR of 4.0% through 2025

 The global canopy market size is expected to reach USD 2.1 billion by 2025, accelerating at a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. Provision for expanded outdoor space for seating and recreational purposes owing to the installation of canopies in nearby residential and non-residential buildings is expected to drive the product demand over the forecast period.

Canopy Market

Increasing penetration of the product in commercial and residential sectors is anticipated to complement the growth of the market over the forecast period. This can be attributed to the rising installation of canopies in residential areas and above various commercial buildings for protection from heat, wind, and precipitation. PTFE canopies are widely used on account of their superior weather-resistant characteristics, thermal stability, and high durability.

Canopies are also preferred owing to the aesthetic appeal they impart to a space. Rapid growth of the residential sector in North American economies with rising trend of beautification of expanded living spaces with canopies are likely to propel the market growth. Furthermore, increasing popularity of inside-outside living and the availability of a wide range of product designs suitable for residential buildings are likely to augment the demand for the product.

Major players in the industry offer a wide range of products along with most suitable designs and innovative technology, which aid market players in gaining an edge over their competitors. Most of the players compete on the basis of providing customized designed to suit the exact requirements of end users. A variety of materials including PTFE, ETFE, PVC, glass, wood, and various metals can be used to design a product that is a perfect fit for the area of installation.

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

Further key findings from the report suggest:

  • PTFE material segment accounted for 42.0% of the global revenue share in 2018
  • Non-residential segment is projected to grow at a CAGR of 3.9%, in terms of revenue, from 2019 to 2025, owing to extended space along with architectural aesthetics offered by the installation of the products
  • The canopy market in North America is estimated to witness a growth rate of 4.2%, in terms of revenue, from 2019 to 2025 due to increased adoption of canopy as shades in the residential sector for protection and enhanced aesthetics
  • China accounted for over 33.1% of the Asia Pacific market revenue share in 2018 owing to increasing penetration of the product.

Grand View Research has segmented the global canopy market on the basis of material, application, end-use, and region:

Material Outlook (Revenue, USD Million, 2014 - 2025)

  • PTFE
  • ETFE
  • PVC
  • Polyester Cloth
  • Others

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

  • Shade Canopy
  • Event or Large Canopy
  • Others

End-Use Outlook (Revenue, USD Million, 2014 - 2025)

  • Residential
  • Non-residential

Regional Outlook (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.

Amla Extract Market Top Players, Segments, Cost Structure, Demand, Sales

 The global amla extract market size is expected to reach USD 49.34 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2019 to 2025. Rising health consciousness coupled with growing demand for antioxidant rich products is expected to fuel the growth.

Amla Extract Market

Rising awareness regarding numerous benefits of amla extract to improve body composition, weight loss, metabolism, immune and digestive system, and liver and heart health is anticipated to drive the product demand. The extract is a rich source of antioxidants and is effective for reducing the risk of heart diseases, high blood cholesterol level, signs of aging, cell damage, and inflammation. These advantages are anticipated to fuel the product demand in near future.

Potential demand for dietary supplements and functional foods is expected to drive the demand for amla extract powder and pulp, which in turn is projected to contribute to the market growth. Significant rise in application of the product in pharmaceutical industry is expected to drive the market in the forthcoming years.

Amla extract in the form of pulp is estimated to register the fastest CAGR of 5.2% over the forecast period. Major application of the pulp in the beverage and pharmaceutical industries is anticipated drive the growth of the segment. New product launches by major manufacturers are anticipated to bode well for the market growth. For instance, Neelamari Herbs recently launched Pure Amla Pulp Powder for hair and skin care.

Nutraceutical application segment is expected to expand at the fastest CAGR of 5.7% over the forecast period. Rising demand for dietary supplements with amla extract is anticipated to drive the segment growth. Various manufacturers have launched amla extract dietary supplements in the form of tablets, capsules, and powders to cater to the rising demand. For instance, Orgasia Biotech provides amla extract capsules to aid weight loss.

Asia Pacific generated a revenue of USD 10.58 billion in 2018 and is expected to continue holding the largest market share over the forecast period. Rising health consciousness and demand for vitamins, proteins, and other nutrients is projected to fuel the market growth. Companies engage in product development and new product launches to attain greater market share. For instance, Dabur recently launched Amla Plus under its brand Real Wellnezz. The product contains 100 percent amla juice content with no added colors, preservatives, and flavors.

Key players operating in the market are Biomax, Taiyo International, Arjuna Natural Extracts Ltd., Patanjali Ayurveda, Archerchem, Bhumi Amla, Sydler Group, Ri-Sun Bio Tech, Ambe Phyoextracts Pvt. Ltd., and Herbeno Herbals Pvt. Ltd.

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

Further key findings from the report suggest:

  • Amla extract powder held the dominant market share of 63.89% in 2018 and is expected to expand at a CAGR of 4.7% from 2019 to 2025
  • Asia Pacific led the amla extract market in 2018 with value of USD 10.58 billion and is anticipated to continue holding the largest market share over the forecast period
  • Europe is anticipated to register the fastest CAGR during the forecast period owing to rising regional demand on account of increasing consumer awareness and changing lifestyle
  • The market is highly competitive in nature with the presence of main players including Arjuna Natural Extracts Ltd., Patanjali Ayurveda, Archerchem, Bhumi Amla, Sydler Group, and others
  • The manufacturers concentrate on new product launches and capacity expansions, to estimate existing and future demand patterns

Grand View Research has segmented the global amla extract market on the basis of type, application, and region:

Amla Extract Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Powder
  • Pulp

Amla Extract Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Food & Beverages
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Nutraceuticals

Amla Extract Regional Outlook (Revenue, USD billion, 2015 - 2025)

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

Thursday, 1 October 2020

Tobacco Packaging Market is Estimated To Attain USD 21.7 Billion by 2025

 The global tobacco packaging market size is anticipated to reach USD 21.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.3% over the forecast period. Growing consumption of tobacco and cigarettes among the young consumers is one of the major factors for the growth of the market. Another factor driving the market is increasing number of female smokers. Increase in stress and workload is also one of the factors boosting the market growth.

Tobacco Packaging

Increase in penetration of the tobacco products in China is expected to provide growth opportunities for the global market over the forecat period. Introduction of tobacco that are smokeless for chewing and increasing penetration of low cost tobacco products and e-cigarettes in the country are the key drivers. Moreover, increasing popularity of flavored tobacco products among the millennial population is fueling the growth of the market worldwide.

Secondary packaging held the largest market share in 2018. Increasing penetration of e-cigarettes and cigar in the social gatherings has driven the segment.Moreover, growing popuarlity of premium tobacco produduts among the young consumers is expected to have a positive influence on the market growth over the forecast period. Increasing number of cigar lounges in developed countries is fueling the demand for premium cigar proucts. This, in turn, is expected to increase the segment demand over the forecast period.

Paper boxes are increasingly used in tobacco packaging owing to rising penetration of enivornmental friendly packaging in the industry. It is a cost-effective alternative to plastic, and hence is gaining popularity in many areas. Lightweight and easy to carry factors are also boosting the segment growth.

Manufacturers are focusing on eco-friendly packaging. For instance, one of the prominent vendors, Amcor has increased its spending on developing bioderagable packaging and is expected to launch them by the end of 2025. Manufacturers are focusing on strategies such as mergers and acquisitions to increase their products offerings. In September 2017,  Japan Tobacco Group acquiried Mighty Corporation to expand its product portfolio and geographic reach.

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

Further key findings from the study suggest:

  • By product, secondary packaging led the market and accounted for 60.3% share in 2018. The primary segment is expected to expand at the fastest CAGR of 3.7% over the forecast period
  • By material, paper boxes dominated the global market with an overall revenue share of 67.8% in 2018
  • Asia Pacific dominated the global tobacco packaging market in 2018 and accounted for 31.5% share of the total revenue. This trend is projected to continue over the next few years
  • The industry is highly competitive with the main players including Amcor Ltd.; British American Tobacco; Philip Morris International Inc.; and ITC
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global tobacco packaging market by product, material, and region:

Tobacco Packaging Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Primary
  • Secondary
  • Bulk

Tobacco Packaging Material Outlook (Revenue, USD Billion, 2015 - 2025)

  • Paper Boxes
  • Metal
  • Others

Tobacco Packaging 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.

Food Waste Management Market Exhibit a Steady 5.0% CAGR through 2025

 The global food waste management market size is expected to reach USD 45.80 billion by 2025, as per a new report by Grand View Research Inc. It is anticipated to register a CAGR of 5.0% during the forecast period. Rising concerns regarding wastage across the globe on account of increasing food trade and social interdependence between countries are expected to propel the growth.

Food Waste Management

Educatory and communicative actions such as Stop Wasting Food movement in Denmark, Love Food Hate Waste in U.K., and Think Eat Save are anticipated to positively influence the growth. These educational campaigns focus on web-based instruments and door-to-door interviews with citizens to spread understanding related to the prevention of wastage of edibles.

Adverse effects of landfill and incineration techniques on the environment is a factor projected to hamper the market growth over the forecast period. However, precautions such as maintaining hygiene during combustion and landfill gas capture during the process aid in reducing the environmental impact of these processes, which is likely to influence growth of the food waste management market positively.

Food waste with high nutrient value is used as raw material and is undergoes various fermentation processes for the production of biofuel. This is expected to reduce the dependency on crude oil and drive the demand for food waste management for the by-products. In addition, use of the wastage as animal feed and fertilizers is expected to have a positive impact on market growth.

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

Further key findings from the report suggest:

  • Fruits and vegetable segment is anticipated to witness a CAGR of 4.4% from 2019 to 2025, in terms of revenue owing to lack of appropriate transportation channels in the agrarian economies along with ease in waste management of the produce
  • Anaerobic digestion technique is expected to expand at a CAGR of 5.4%, in terms of revenue, on account of rising awareness regarding the environmental and energy advantages associated with the process
  • Animal feed application segment accounted for over 52.9% of the market share in terms of revenue in 2018, as converting wastage with high nutrient value into animal feed is an ecological and economical way of management and aids in animal health
  • Asia Pacific food waste management market is expected to register at a CAGR of 4.6% over the forecast period on account of the rising feed dump in economies such as China, India, Thailand, and Malaysia
  • The service portfolio of the significant players includes all waste management services provided across the customers and the market concentration in developed economies is increasing through consolidation and outsourcing the treatment

Grand View Research has segmented the global food waste management market on the basis of waste type, process, application, source, and region:

Food Waste Management Waste Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Cereals
  • Dairy Products
  • Fruits & Vegetables
  • Meat
  • Fish & Sea Food
  • Processed Food
  • Others

Food Waste Management Process Outlook (Revenue, USD Million, 2014 - 2025)

  • Aerobic Digestion
  • Anaerobic Digestion
  • Combustion/Incineration
  • Others

Food Waste Management Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Animal Feed
  • Fertilizers
  • Biofuel
  • Power Generation

Food Waste Management Source Outlook (Revenue, USD Million, 2014 - 2025)

  • Primary Food Producers
  • Food Manufacturers
  • Food Distributors & Suppliers
  • Food Service Providers
  • Municipalities & Households

Food Waste Management Regional Outlook (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.

Coated Glass Market Trends Regulations And Competitive Landscape Outlook to 2027

 The global coated glass market size is expected to reach USD 57.3 billion by 2027, registering a revenue-based CAGR of 8.8% over the forecast period, according to a new report by Grand View Research, Inc. The market is mainly driven by the growth of the building and construction sector and rising emphasis on green buildings across the globe.

Coated Glass

According to Glass Association of North America, a glass is coated in order to meet specific requirements such as improvement in visibility, improvement in solar and thermal performance, and to change surface characteristics without altering the composition. The product offers enhanced energy efficiency in comparison to usual glass. It helps in improving insulation, solar control, anti-reflection, and hydrophobic properties. The product is used for both functional and decorative purposes.

The soft coated glass dominated the market in 2019. The product is characterized by more visible light transmission and higher optical clarity as compared to hard coated products. These aforementioned properties play a key role for the dominant share held by this segment in terms of volume in the global market.

In terms of application, the architecture segment dominated the market in 2019. The product is used in commercial as well as residential buildings to keep the indoors cool in hot climate by reflecting the outside heat while allowing maximum transmission of visible light. Furthermore, the product is used in colder climates to keep the inside of a building warm by re-radiating the heat coming from inside.

Asia Pacific dominated the global coated glass market in 2019. China held the largest share in the region, while emerging economies such as India and countries in Southeast Asia are estimated to witness lucrative growth over the coming years. The development of the building and construction sector is attributed to rapid industrialization in the region and is expected to play a major role in driving market growth.

The global market is highly competitive owing to the presence of several established players such as Saint-Gobain, AGC, Inc.; Vitro; and Nippon Sheet Glass Co. Recent trends in the industry depict primary glass manufacturers targeting their investments in value-added products such as coated glass.

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

Further key findings from the report suggest:

  • In terms of volume, Asia Pacific dominated the coated glass market with a share of 38.5% in 2019. This dominant share is attributed to the growth of the building and construction sector in the region
  • The architectural segment is estimated to witness the highest CAGR of 9.0% in terms of revenue from 2020 to 2027, owing to increasing penetration of coated glass in facades and windows of buildings to minimize air conditioning and heating costs
  • The automotive segment is projected to register a CAGR of 3.4% in terms of volume on account of growing consumer preference for energy-saving automotive glass
  • Soft coated glass constituted the highest revenue share of about 68.0% in 2019 owing to the superior performance exhibited by the product.

Grand View Research has segmented the global coated glass market on the basis of coating, application, and region:

Coated Glass Coating Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Hard
  • Soft

Coated Glass Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Architectural
  • Automotive
  • Optical
  • Others

Coated Glass Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
  • 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.

Super Abrasives Market Plying for Significant Growth During 2019-2025: Grand View Research Inc.

 The global super abrasive market size is anticipated to reach USD 10.4 billion by 2025, exhibiting a CAGR of 6.3% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is majorly driven by the increasing use of diamond in grinding wheels for precision and machining tools.

Super Abrasives

The demand for precision and machining tools is driven by increasing production of motor vehicles and construction activities. In the construction industry, the product is used to manufacture drilling, sawing, and cutting tools to machine concrete, bricks, and stones. As per the Institution of Civil Engineers, the global volume of construction output is expected to grow by 85% by 2030 with the U.S., China, and India being the major contributors. This is likely to boost the utilization of super abrasives over the coming years.

The product is used as a grinding tool in the manufacturing of automotive components such as steering mechanism, injection systems, gear shaft, and cam/crankshaft to provide smooth finishing of components. Increasing production of motor and electric vehicles is anticipated to boost the demand for the product in the market over the coming years. The diamond segment is anticipated to register a CAGR of 5.7% over the forecast period owing to the growing demand for precision tooling from automotive and aerospace industries.

The market is characterized by a large number of local and global players. Major companies are acquiring local dealers/manufacturers and are entering into partnerships with major end users to continuously supply products. For instance, in February 2016, Saint-Gobain Abrasives entered into a partnership with Detroit Speed, an automotive component manufacturer, to promote its Norton brand. The move is projected to aid the former increase its consumer base. Asahi and Tyrolit, in November 2018, formed a business alliance in Europe and Asia to expand their product portfolio for electronics, bearings, and gearing industries. This move has allowed Asahi Diamond Group to enhance its portfolio in bearing & gearing industry.

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

Further key findings from the report suggest:

  • Construction segment is expected to witness a CAGR of 5.8% owing to the increasing demand for cutting, drilling, and sawing tools
  • The North America market accounted for a revenue share of 11.9% in 2018 with the growing manufacturing sector, especially in the U.S.
  • The super abrasives market in Europe is expected to grow at a CAGR of 4.3%, in terms of revenue, over the forecast period owing to ongoing construction projects in Russia, Poland, and Western European countries
  • Major players are adopting strategies such as capacity expansions, mergers, and acquisitions to cater to growing demand.

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

Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Diamond
  • Cubic boron nitride

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

  • Construction
  • Transportation
  • Oil & gas
  • Electrical & electronics
  • Others

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

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

Gypsum Board Market is Set To Witness a CAGR of 11.9% from 2020 to 2027: Grand View Research Inc.

 Gypsum Board Market Growth & Trends

The global gypsum board market size is anticipated to reach USD 100.73 billion by 2027, according to a new report by Grand View Research Inc. It is expected to exhibit a CAGR of 11.9% in terms of revenue, during the forecast period. Increasing utilization of gypsum boards in decorative and partitioning applications in residential constructions is anticipated to drive the market.

Gypsum Board Market

Rise in the construction industry is likely to provide growth opportunities to the market players. The demand for gypsum boards is driven by the residential sector, where the product is widely used in multi-family constructions for room partitioning. Durability and lightweight coupled with easy handling of the product are some of the factors anticipated to propel the demand.

Product availability in the form of wallboards, ceiling boards, and pre-decorated boards are the factors positively influencing the popularity of gypsum boards in construction applications. These boards are accepted in commercial, institutional, and industrial facilities for impact and mold resistance, exterior sheathing and shaft wall constructions. Moreover, the availability of decorative designs on the boards is likely to support the growth over the forecast period.

The U.S. Environmental Protection Agency (EPA) has approved the use of Flue Gas Desulphurization (FGD) Gypsum as a substitute to mined gypsum for the production of wallboards. A major proportion of the gypsum used in the wallboard production in FGS gypsum with low environmental impact and reduced mining operations to extract gypsum.

Request a free sample copy or view report summary: Gypsum Board Market Report

Gypsum Board Market Report Highlights

  • Gypsum wallboard is anticipated to expand at a CAGR of 11.6% over the projected period owing to wide utilization of the product in partitioning and decorative application majorly in multi-family residential constructions
  • In 2019, residential application held the dominant market share of 47.2% and is likely to ascend at the highest CAGR over the forecast period on account of rising need for the construction of multi-family houses in Asia Pacific and North America
  • In North America, the revenue for gypsum ceiling board stood at USD 3.85 billion in 2019 and is expected to witness growth over the forecast period, owing to its wide acceptance in the ceiling and decorative applications
  • The U.S. gypsum board market is expected to realize gains at a CAGR of 10.6% from 2020 to 2027 due to presence of a well-established construction industry and acceptance of enhancing construction materials
  • Saint-Gobain accounted for the major market share in the past with gypsum solutions offered under brands, such as Certainteed, British Gypsum, Gyproc, Rigips, and Placo

Gypsum Board Market Segmentation

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

Gypsum Board Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Wallboard
  • Ceiling Board
  • Pre-decorated Board
  • Others

Gypsum Board Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Pre-Engineered Metal Buildings
  • Residential
  • Industrial
  • Commercial
  • Institutional

Gypsum Board Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Bahrain
    • Kuwait
    • Qatar
    • Oman
    • Saudi Arabia
    • UAE
    • Jordan
    • Iraq
    • Iran
    • Egypt
    • Syria
    • Turkey
    • Libya
    • Sudan

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.

Wednesday, 30 September 2020

Organic Personal Care Ingredients Market to Showcase Healthy Expansion at 5.4% CAGR from 2020 to 2027

Organic Personal Care Ingredients Market Growth & Trends

The global organic personal care ingredients market demand is estimated to reach USD 12.4 billion by 2027, exhibiting a volume-based CAGR of 5.4% over the forecast period, according to a new report published by Grand View Research, Inc. Rising awareness among consumers from Europe and North America regarding the harmful side effects of the conventional synthetic and chemical ingredients is expected to drive the growth.

Organic Personal Care Ingredients

Organic personal care ingredients are produced majorly from plant extracts without the introduction of any chemicals or agrochemicals. Skin care, hair care, oral care, and cosmetics are the major application areas for these products. They can be segmented on the basis of ingredient type such as natural surfactants, emollients, active ingredients, sugar polymers, and others.

The natural appeal of products manufactured using organic personal care ingredients is one of the major factors driving the growth of the market. North America and Europe are anticipated to witness significantly high demand owing to the presence of a large number of millennial population. However, significant concentration of the personal care and cosmetics industry in East Asian countries, such as India and China has significantly driven the product consumption in Asia Pacific.

Increasing R&D investments coupled with associated technological innovations in the area of plant extracts and optimization of the process of extraction has accelerated the production volume of organic personal care ingredients in the market. However, a significantly large entry barrier for the new players owing to the requirement for a high capital investments in bio-refinery set-up coupled with government regulation compliance poses as a significant threat to new entrants.

Request a free sample copy or view report summary: Organic Personal Care Ingredients Market Report

Organic Personal Care Ingredients Market Report Highlights

  • In North America, the natural surfactants product segment is poised to expand at a CAGR of 3.1% in terms of revenue over the forecast period
  • Demand from U.S. is anticipated to continue occupying a significant market share in near future. Growing inclination toward natural and user-friendly ingredients based products is a primary growth stimulant
  • The market for organic personal care ingredients is highly competitive in nature with the presence of a number of multinational companies with huge product portfolios
  • Some of the key companies present in the organic personal care ingredients market are AkzoNobel N.V.; Cargill, Inc.; BASF SE; The Lubrizol Corporation; Croda International Plc; Huntsman International LLC.; Ingredion Incorporated; Clariant International Ltd.; and Evonik Industries. The companies engage in mergers and acquisitions and portfolio expansions to gain greater market share

Organic Personal Care Ingredients Market Segmentation

Grand View Research has segmented the global organic personal care ingredients market on the basis of type, product, application, and region:

Organic Personal Care Ingredients Type Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • Organic
  • Natural

Organic Personal Care Ingredients Product Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • Natural Surfactants
  • Emollients
  • Active Ingredients
  • Sugar Polymers
  • Natural Preservatives
  • Others

Organic Personal Care Ingredients Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • Skin Care
  • Oral Care
  • Hair Care
  • Cosmetics
  • Others

Organic Personal Care Ingredients Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • 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.

Fatty Amines Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Fatty Amines Market Growth & Trends

The global fatty amines market size is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.0% during the forecast period. Rising consumption of personal care and household products and agricultural commodities is anticipated to propel the product demand. Increasing disposable income, product innovation, and high market penetration are some of the factor anticipated to contribute to the rising demand for fatty amines.

Fatty Amines

The market growth is majorly influenced by the end-use industries. The U.S. fatty amines market in water treatment chemicals application is expected to hold the largest market share due to the rising awareness regarding recycling and reusing polluted water because of water scarcity in the region.

In 2016, Evonik acquired the units of Air Products Performance Materials business to reinforce its position for lucrative growth in the specialty additives market. This strategic acquisition has helped the company to uphold its foremost position in the high-margin market for specialty additives globally.

Most of the fatty amines these days are also derived from castor oil as the demand for biodegradable and sustainable products. Rising efforts to decrease dependence on petrochemicals is likely to remain a significant dynamic for the global castor oil and derivatives industry.

Request a free sample copy or view report summary: Fatty Amines Market Report

Fatty Amines Market Report Highlights

  • Water treatments products consumed the largest market share in terms of volume in 2018, owing to the acceptance in corrosion inhibitors, biocides, and disinfectants industries
  • Monitoring support is anticipated to have a positive influence on growth of the fatty amines market due to the regulation that controls environmental hazards related to petrochemicals and conservative sources acting in the approval of castor oil and derivatives market
  • The key regional players such as China, Japan, and India have surged their production capacities to support the accelerating customer demand, driving the market growth
  • Palm is the most widely chosen vegetable oil across the globe due to the high content of oil and the low prices among other oils including coconut and rapeseed
  • Volatile prices of raw materials have a direct effect on the production of various oleochemicals, particularly fatty amines, wherein the global oleochemicals industry is oversupplied and hence manufacturers get very fewer returns on it

Fatty Amines Market Segmentation

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

Fatty Amines Product Outlook (Revenue, USD Billion, 2014 - 2025)

  • Primary
  • Secondary
  • Tertiary

Fatty Amines Application Outlook (Revenue, USD Billion, 2014 - 2025)

  • Agrochemicals
  • Oilfield Chemicals
  • Asphalt Additives
  • Anti-caking
  • Water Treatment
  • Chemical Synthesis
  • Personal Care
  • Household
  • Others

Fatty Amines Regional Outlook (Revenue, USD Billion, 2014 - 2025)

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

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 Alumina Market Will Target Emerging Markets By 2025

 The global activated alumina market size is anticipated to reach USD 1.32 billion by 2025 registering a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Rising demand for the product across various end-use industries, such as water treatment, oil & gas, plastics and healthcare is anticipated to drive the market. Activated alumina is an inorganic substance that is produced by the dehydration of aluminum hydroxide at high temperature.

Activated Alumina

It is highly porous and exhibits tremendous surface area, which results in superior adsorbent capabilities. In addition, the product is resistant to thermal shock and abrasion and does not shrink, soften, swell, or disintegrate when immersed in water. Shrinking freshwater reserves coupled with rising demand for water supply is expected to drive the water treatment sector over the coming years. Various government agencies are looking for effective ways to meet the cumulative need for regular water supply. The drive to create a sustainable water treatment environment is expected to positively influence the product demand over the forecast period.

The product is used as an adsorbent in water treatment for fluoride removal. Fluoride is the waste that is associated with production of fertilizers, pesticides, semiconductors and steel and aluminum. The U.S. Environmental Protection Agency (EPA) has established the maximum contaminant amount of fluoride in water at 4ppm. Activated alumina can reduce these levels even further, thus, it is preferred over other methods of fluoride removal. Asia Pacific led the global market and is likely to continue its dominance over the forecast period. Rapidly growing end-use industries in the region is the major factor driving the market.

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

Further key findings from the study suggest:

  • Fluoride adsorbent application led the global activated alumina market in 2018 and is expected to register the highest CAGR of 6.3% from 2019 to 2025
  • Oil & gas segment is anticipated to witness a CAGR of 5.6%, in terms of revenue, from 2019 to 2025 due to growing number of installations of gas pipelines
  • Asia Pacific was the largest regional market in 2018and is expected to reflect the fastest CAGR from 2019 to 2025
  • Some of the key companies in the market are BASF SE; Honeywell International, Inc.; Sumitomo Chemical Co.; and Axens SA
  • Most of these companies have undertaken strategies, such as have M&A, for business expansion and to provide better services
  • Majority of the key companies are concentrated in U.S., Europe, and in a few developed nations of Asia Pacific

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

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

  • Catalyst
  • Desiccant
  • Fluoride Adsorbent
  • Bio Ceramics
  • Others

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

  • Water Treatment
  • Oil & Gas
  • Plastics
  • Healthcare
  • Others

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

  • North America
    • US. 
  • Europe
    • Germany
    • UK. 
  • 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.

Industrial Lubricants Market Booming Trends and Forecast Assessment for the Period 2019 to 2025

 The global industrial lubricants market size is expected to reach USD 71.73 billion by 2025 registering a CAGR of 4.5%, according to a new report by Grand View Research, Inc. Improving PMI indices across the globe and resultant rise in production capacities are anticipated to boost the demand for industrial lubricants. Moreover, rising manufacturing activities are touted to spur investments in production machinery, thereby creating a strong growth potential for industrial lubricants.

Industrial Lubricants

High consumption of general industrial oils generate significant revenue attributing to the growth of industrial lubricants market. Related industries, such as chemicals, unconventional energy and mining, are slated to witness considerable growth. This trend is anticipated to further boost the product demand in compressors, industrial engines, hydraulics, centrifuges, and bearings. Companies are investing heavily in R&D for the development of innovative products to gain competitive edge in the industry. There has been a shift in trend towards use of bio-based raw materials due to rising awareness regarding the need for emission reduction and energy conservation.

Access Report Of Industrial Lubricants Market @
https://www.grandviewresearch.com/industry-analysis/industrial-lubricants-market

Further key findings from the study suggest:

  • Product demand in Europe is expected to grow at a CAGR of 2.8% over the forecast period owing to increasing industrial activities along with modernization of industrial machinery
  • Saudi Arabia accounts for a major share of the global oil reserves. Heavy investments in education & infrastructure development by the government to reduce unemployment will have a positive impact on the regional market
  • Companies have undertaken strategies, such as mergers and acquisition, to enhance their product offerings and strengthen regional presence
  • Manufacturers of industrial lubricants market are aiming to achieve optimum business growth by implementing other strategies including joint venture, capacity expansion, product development, and R&D investments

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

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

  • Process Oils
  • General Industrial Oils
  • Metalworking Fluids
  • Industrial Engine Oils
  • Other Industrial Lubricants

Industrial LubricantsApplication Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Metalworking
    • Metal Forming
    • Metal Cutting
    • Metal Joining
    • Metalworking Electronics
    • Industrial Heat Exchangers
    • Other Metalworking Applications 
  • Textiles
    • Textile Weaving
    • Non-woven Textiles
    • Textile Finishing
    • Textile Composites
    • Other Textile Applications 
  • Energy 
    • Transformers
    • Pipelines
    • Liquefied Natural Gas (lNG)
    • Ocean Energy
    • Other Energy Applications 
  • Chemical Manufacturing 
  • Industrial gases
    • Fertilizers
    • Polymers
    • Other Chemicals Manufacturing
    • Beverages 
  • Food Processing
    • Frozen Food
    • Canned Food
    • Processed Potatoes
    • Bakery
    • Cocoa & Chocolate
    • Other Food Applications 
  • Hydraulic
    • Compressors
    • Bearings
    • Other Hydraulic Applications

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

  • North America
    • US.
    • Canada
    • Mexico 
  • Europe
    • Germany
    • UK.
    • France 
  • Asia Pacific
    • China
    • India
    • Japan
    • Southeast Asia 
  • 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.

Defoamers Market is Estimated To Reach A Valuation of USD 4.4 Billion by 2025: Grand View Research Inc.

 The global defoamers market size is expected to reach USD 4.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a 4.8% CAGR during the forecast period. Significant growth in water treatment infrastructure and rising demand in pulp and paper production is anticipated to foster market growth.

Defoamers

Traditionally, Asia Pacific holds the largest share in the global market owing to robust economic development and favorable trends in major end-use industries. Shift of pulp and paper production bases from matured economies to emerging economies has resulted in fueling product demand. Defoamers for paper and pulp is the latest trend in the market, which results in minimal production of foam formation caused by accumulated air. This segment has been the dominant application in the market

The industry is highly competitive in terms of product variation and pricing. Major market players are benefitted by their well-established consumer base and goodwill in the market. Various players have integrated operations across the value chain with raw material providers entering into the production process.

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

Further key findings from the report suggest:

  • The Europe market is expected to register a CAGR of 3.8% over the forecast period, owing to presence of leading pulp and paper manufacturers in Western Europe and significant demand for water treatment
  • Pulp and paper, coatings, and food and beverages are key applications of defoamers. The agrochemicals segment, followed by coatings, is anticipated to exhibit the highest CAGR in the Mexico defoamers market
  • S. has exhibited the highest investment expenditure on municipal water and wastewater treatment in the past few years. Increasing demand for water in end-use industries such as pharmaceutical, electronics, and semiconductors propels market growth
  • The water treatment industry in Middle East and Africa has grown considerably in recent years, with GCC countries substantially investing in water infrastructure development
  • Increasing environmental concerns for degradability is a major factor responsible for growth of non-silicone based defoamers. Use of renewable feedstock in defoamers production fuels demand in developing countries
  • Manufacturers are aiming to achieve optimum business growth by implementing strategies such as acquisition, joint venture, capacity expansion, new product development, promotion of key product brands, and significant investments in R&D.

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

Defoamers Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Water-based
  • Oil-based
  • Silicone-based
  • Others

Defoamers Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Pulp & paper
  • Coatings
  • Agrochemicals
  • Water Treatment
  • Food and beverages
  • Others

Defoamers Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Russia
    • Denmark
    • Netherlands
    • Belgium
    • Turkey
    • Poland
  • Asia Pacific
    • China
    • India
    • Japan
    • Southeast Asia
  • 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.

Tuesday, 29 September 2020

Alcohol Ingredients Market to Raise at CAGR of 8.3% from 2019 to 2025: Grand View Research Inc.

 The global alcohol ingredients market size is expected to reach USD 2.71 billion by 2025 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing alcohol consumption across the globe has been fueling the product demand. In addition, rapid urbanization along with the increased adoption of western culture in the developing countries including China, India, Indonesia, and Taiwan is expected to boost the demand for alcoholic beverages, which, in turn, will prompt the utility of ingredients including yeast and enzymes.

Alcohol Ingredients

Flavors & salts product segment held the largest market share in 2018 on account of increased demand for flavored drinks. Major alcoholic beverage companies have expanded their product portfolio in this particular segment. Beer held the largest market share of over 40% in 2018. Health benefits offered by beer along with its low alcohol content have made it a popular drink. Craft beers are expected to witness a significant growth in near future due to growing popularity across the globe. Europe was the dominant regional market in 2018.

Prominent economies of this region include, Germany, U.K., Italy, Spain, Romania, and Belgium. High alcohol consumption levels along with the presence of a large number of alcohol producers has increased the product demand in this region. Asia Pacific is anticipated to be the fastest-growing region at a CAGR of 9.6% from 2019 to 2025. China, India, South Korea, Taiwan, Myanmar, and Thailand are the prominent markets in this region. Rising per capita income and growing number of pubs, bars, and clubs have been driving the product demand in these developing countries.

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

Further key findings from the study suggest:

  • Europe held the largest market share in 2018 accounting for more than 35% of the total revenue
  • Spirits application segment is expected to register the fastest growth rate of 9.0% over the forecast period
  • Flavors & salts product segment held the largest share of the global alcohol ingredients market in the past and is projected to expand at the highest CAGR from 2019 to 2025
  • Spirits segment held the largest share in the Asia Pacific market and also accounted for more than 45% of global revenue in 2018
  • Key companies in this market include Treatt PLC; DDW; The Color House; AngelYeast Co., Ltd.; Biospringer; Sensient Technologies; Chr. Hansen A/S; The Archer Daniels Midland Company; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.; and Döhler

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

Alcohol Ingredients Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Yeast
  • Enzymes
  • Colorants
  • Flavors & Salts
  • Others

Alcohol Ingredients Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Beer
  • Spirits
  • Wine
  • Others

Alcohol Ingredients 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.

Fish Powder Market Poised to Expand at a Robust Pace of USD 10.32 Billion Over 2025: Grand View Research Inc.

 The global fish powder market size is expected to reach USD 10.32 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.51% during the forecast period. The growth is attributed to the rising use of fish meal products in poultry and swine diets. Rising aquaculture production along with the rise in the fortified food industry over the forecast period is anticipated to further fuel the growth.

Fish Powder

Rising use of fish powder for the fortification of food is anticipated to drive the market. Moreover, demand for different fish categories such as anchovy, horse mackerel, capelin, menhaden, sand eel, and pilchard among others in functional food production is expected to drive the market. Increased aqua feed farming is anticipated to continue to drive the demand in the forthcoming years.

The production of fish meal is highly concentrated in Asia Pacific. China accounts for about 90% of the global aquafeed production. China is also the world’s largest importer of fish meal products; accounting for about 1.57 million metric tons in 2017 from 0.98 million metric tons in 2013. Growing imports along with the surge in prices has anticipated the demand for the products.

Rising demand in the aquafeed industry in India has driven the growth of the fish powder market. In India, the consumption of aquafeed was around 1 million tons in 2012, which reached to about 7 million tons in 2017. India has about 26 aquafeed mills with production capacity of about 43.4%, producing about 1.25 million tons of feed. Rise in fish farming is anticipated to further boost the product demand over the forecast period.

Rising interest for functional ingredients in food products due to their various health benefits in poultry and swine application will fuel growth of the market. Improvements in the production facilities and expansion of geographical reach to boost market development is expected to create growth opportunities in near future. The key players engage in acquisitions and mergers, online sales, limited extensions, among other development endeavors. Major companies operating in the market are Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation.

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

Further key findings from the report suggest:

  • In terms of revenue, whole fish as a source is projected to ascend at a CAGR of 5.62% over the forecast period of 2019 to 2025
  • Aquaculture emerged as the leading application segment with a market share of over 52.03% in 2018
  • Asia Pacific led the global fish powder market in 2018, with a 71.54% market share in terms of revenue. Growing aqua feed industry on account of the demand from functional ingredients mainly in developing countries such as India and China is expected to propel the market
  • The market is highly competitive in nature. The main players include Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation
  • Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global fish powder market on the basis of source, application, and region:

Fish Powder Source Outlook (Revenue, USD Billion, 2015 - 2025)

  • Whole Fish
  • By-Product

Fish Powder Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Swine
  • Aquaculture
  • Poultry
  • Others

Fish Powder Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Medical Textiles Market to Register Stable Expansion During 2019 – 2025: Grand View Research Inc.

 The global medical textiles market is anticipated to reach USD 23.3 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising awareness for better healthcare practices, ongoing technological advancements, regulatory framework mandating the usage of medical textiles, and rising geriatric population are expected to be the major growth drivers responsible for the growth of global market over the forecast period.

Medical Textiles Market

Globally, the economies are supporting and providing numerous programs in order to encourage the production and consumption of medical textiles. Growing population rise in the number of elderly population, and the construction of new medical facilities resulting in reduced healthcare costs, and enhanced effectiveness are fueling the growth of global market.

On the basis of fabrics, medical textiles market is segmented into woven, knitted, non-woven, and others. Nonwoven fabrics are cost-effective and known for offering easy disposability when there is a high risk of contagious diseases, which positions it as a dominating segment in the global market. Woven fabrics are usually dimensionally very stable but less extensible and porous than other structures. Knitted fabrics are highly extensible as compared to woven fabrics. With latest innovations in the textile technology, a wide variety of non-woven, knitted, and woven forms of the textile are gradually finding their way into a variety of surgical procedures.

Based on application, market is segmented as implantable goods, non-implantable goods, healthcare & hygiene products, and others. Non-implantable goods segment is the largest and fastest growing application of medical textiles. Worldwide the incidence of injuries is burgeoning fueling the demand for medical textiles in non-implantable goods segment.

Market players are developing advanced corporate strategies while using creative marketing campaigns to fascinate younger adults who will further support the growth of the non-implantable goods in the years to come. The companies offering non-implantable goods are reaping benefits from nationwide distribution with the products not just being limited to pharmacies or chemists, but also being retailed in small independent retailers in suburban neighborhoods.

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

Further key findings from the report suggest:

  • S. medical textiles industry revenue is projected to grow at a rate of 5.3% over the forecast period. The rising concern regarding chronic diseases and aging population has led to increased demand for non-implantable goods in the country, which is driving the market.
  • Germany medical textiles market was valued for USD 1,852.1 million in 2018 and is projected to grow significantly over the forecast period. Germany is a major country in foreign trade of medical textiles. The country stands among top five largest exporter of textiles and clothing globally, recording an export quota of approximately 40% in 2018.
  • China market is anticipated to reach USD 1,547.4 million by 2025. Rising urbanization, favorable demographic trends, increasing burden of diseases, expanding population with rise in income levels promoting greater awareness of and access to treatments are expected to boost the demand for medical textiles in China.

Grand View Research has segmented the global medical textiles market on the basis of fabric, application, and region:

Fabric Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

  • Woven
  • Knitted
  • Non-woven
  • Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

  • Implantable goods
  • Non-implantable goods
  • Healthcare & hygiene products
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Central & South America
  • Middle East and Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...