Friday, 16 October 2020

Phosphate Fertilizers Market to Witness Steady Growth at 5.1% CAGR from 2017 to 2025: Grand View Research Inc.

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

Phosphate Fertilizers

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

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

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

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

Further key findings from the report suggest:

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

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

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

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

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

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

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

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

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Injection Molding Machine Market Expected to Collect $22.45 Billion by 2025: Grand View Research Inc.

 The Report Injection Molding Machine Market Size, Share & Trends Analysis Report By Materials (Plastic, Metal), By Technology (Hydraulic, Electric), By End Use (Automotive, Consumer Goods), And Segment Forecasts, 2018 - 2025

The global injection molding machine market size is anticipated to be valued at USD 22.45 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 3.5% over the forecast period. Growing demand for lightweight and complex automotive and electronic components is projected to enhance the requirement for Injection Molding Machines (IMM).

Rising industrialization, technological developments, rapid urbanization, and growth in infrastructure are anticipated to augment demand for IMM. Increasing mass production in automotive, consumer goods, and electronics industries are expected to propel the global injection molding machine market over the forecast period.

On the basis of materials, IMM market is segmented into plastic and metal injection molding machines. In terms of revenue, the plastic segment valued at USD 12.99 billion in 2017. It is projected to hold the largest market share over the forecast period.

Automotive segment was valued at USD 4.97 billion in 2017 and is projected to register significant expansion in the forthcoming years. Injection molding machines find a range of applications in automotive industry. They are used to manufacture the most complex and critical parts including interior and exterior trim components, electronic subassemblies, and under-hood application components. Consumable goods are among the largest segment where IMMs are used to manufacture personal hygiene products, housewares, cosmetics, and convenience goods.

In terms of technology, electric injection molding machine market accounted for USD 5.8 billion in 2017 and is anticipated to witness robust growth over the forecast period. High adoption of electric injection molding machine for diverse applications across electronics, packaging, and healthcare industries is likely to boost the demand over the forecast period. In 2017, the electrically operated machines segment accounted for around 34.00% of the global injection molding machine market share. High adoption of technology coupled with production costs of these manufacturing processes over the existing processes is projected to encourage market growth.

Access Research Report of Injection Molding Machine Market @ https://www.grandviewresearch.com/industry-analysis/injection-molding-machine-market

Further key findings from the report suggest:

  • The U.S. injection molding machine market revenue is projected to expand at a CAGR of 1.10% over the forecast period. U.S. is among the largest consumer compelled by demand for lightweight and complex components from automotive sector
  • Germany is projected to grow over USD 2.23 billion over the forecast period. Presence of advanced infrastructure and technology, R&D initiatives, and highly skilled workforce are expected to drive the growth
  • China is the largest market for injection molding machine in Asia Pacific and is anticipated to reach USD 3.71 billion in 2025. The country has the largest population in the world and rapidly growing automotive and electronics industries resulting largest market share in the region
  • Key market participants include Chen Hsong Holdings Limited, Engel Austria GmbH, Arburg GmbH & Co. KG, Milacron Holdings Corp., Sumitomo (SHI) Demag Plastics Machinery GmbH, Haitian International Holdings Limited, Nissei Plastic Industrial Co. Limited, and Husky Injection Molding Systems Ltd.

Grand View Research has segmented the global injection molding machine market on the basis of material, technology, end use and region:

Injection Molding Machine Material Outlook (Revenue, USD Billion, 2014 - 2025)

  • Plastic
  • Metal

Injection Molding Machine Technology Outlook (Revenue, USD Billion, 2014 - 2025)

  • Hydraulic
  • Electric
  • Hybrid

Injection Molding Machine End Use Outlook (Revenue, USD Billion, 2014 - 2025)

  • Automotive
  • Consumer Goods
  • Packaging
  • Electronics
  • Others

Injection Molding Machine Regional Outlook (Revenue, USD Billion, 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.

Thursday, 15 October 2020

Stevia Market Size Is Predicted To Reach A Valuation Of $553.7 Million By 2024: Grand View Research Inc.

 The global stevia market size is expected to reach USD 553.7 million by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.1% during the forecast period. Soaring demand for low-calorie sweeteners is expected to be a major factor propelling market growth. Considering the market is still at a nascent stage, the market is yet to realize its full potential.

Stevias Market

Stevia contains rebaudioside-A and stevioside, which are responsible for imparting high degree of sweetness without any side effects on health. This is the major reason for the growing demand for stevia over the past few years.

Stevia acts as a natural sugar substitute. The production process starts with a herbal plant called stevia rebaudiana, which is a member of the Chrysanthemum family and grows naturally in the forests of Brazil and Paraguay. The components of stevia leaves responsible for the plant’s sweetness are glycosides.

Beverages form the largest application segment and in 2015, accounted for 34.7% of the total volume. This can be attributed to increasing market penetration of stevia in various soft drinks, juices, teas, and nectar. Companies such as PepsiCo, Inc. and The Coca-Cola Company have incorporated the product in their diet soft drinks and are marketed as drinks with no side effects on consumer health. Biotechnology companies are marketing the product in various forms such as liquids and powders. It is expected to replace sucrose in various food products including confectionery jellies, traditional cakes, biscuits, and other baked products.

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

Further key findings from the report suggest:

  • The global market generated USD 337.7 million in 2015 and is anticipated to progress at a CAGR of 6.1% during the forecast period
  • Beverages accounted for the largest share by application in 2015, holding 34.7% of the total volume. The segment is expected to witness the fastest growth over the forecast period owing to increasing use of stevia in various carbonated drinks to expand consumer base
  • Asia Pacific was the largest market, accounting for 35.3% of the global market volume in 2015. Positive outlook of the food and beverage sectors in China, Japan, South Korea, and Vietnam is expected to promote the consumption
  • PureCircle Limited, GLG Life Tech Corp, and Stevia Corp are some of the major producers. Stevia First Corp, Cargill, and Evolva S.A. are other major players in the market. These players are integrated across various stages of the value chain in order to improve their contribution margins and gain higher market share

Grand View Research has segmented the global stevia market by application and region:

Stevia Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • Beverage
  • Food
  • Pharmaceuticals
  • Tabletop sweeteners
  • Others

Stevia Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • North America
    • US.
  • Europe
    • Germany
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • Latin America
    • Brazil
  • Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Transparent Ceramics Market to Surpass USD 1.1 Billion by 2024: Grand View Research Inc.

 The global transparent ceramics market size is expected to reach USD 1.1 billion by 2024, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 22.4% over the forecast period. Rising demand for optic and optoelectronics is anticipated to fuel the market demand over the forecast period.

Transparent Ceramics Market

Transparent ceramics are defined as inorganic, non-metallic polycrystalline materials that transmit light with wavelengths in the visible electromagnetic spectrum. These inorganic, non-metallic, polycrystalline materials are characterized by light transmission in visible as well as ultraviolet to infrared range of electromagnetic spectrum.

Applications of transparent ceramics include glass, tubes, automobile windshields, electronic gadget displays, sunglasses, and missile domes. The market for transparent ceramics has been segmented into various types according to its application such as optics and opto-electronics, aerospace and defense, healthcare, mechanical/chemical, and other industries.

The market demand is majorly supplemented by rising defense expenditure to implement superior technology and material. Aerospace, defense and security accounted for 22.3% market share in 2015. Increasing in expenditure for new innovations is expected to propel the growth of this industry.

Global market for transparent ceramics is presumed to grow over the next nine years on account of rising demand from numerous end-use industries. The product is used as an alternative to conventional glass technologies in numerous functions such as infrared domes, lasers, armors, and optical fibers. Product segment sapphire held 73% revenue share of the global market in 2015.

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

Further key findings from the report suggest:

  • Optics and optoelectronics was the largest application segment accounting for USD 61.02 million in 2015
  • Other applications of transparent ceramics include lighting and display, equipment and machinery, food, agriculture, semiconductors, and transportation
  • Monocrystalline transparent ceramics are majorly used in ceramic brackets in dental applications and held 95.2% of the global market
  • Asia Pacific emerged as the largest regional market accounting for almost half of the global volume in 2015
  • Key players in transparent ceramics market include ETEC, Surmet Corporation, Koito Manufacturing, and Murata Manufacturing Co. Ltd.

Grand View Research has segmented the global transparent ceramics market on the basis of material, product, end-use, and region:

Transparent Ceramics Material Outlook (Revenue, USD Million, 2013 - 2024)

  • Sapphire
  • Yttrium Aluminum Garnet
  • Aluminum Oxynitride
  • Spinel
  • Others

Transparent Ceramics Product Outlook (Revenue, USD Million, 2013 - 2024)

  • Monocrystalline
  • Polycrystalline
  • Others

Transparent Ceramics Application Outlook (Revenue, USD Million, 2013 - 2024)

  • Optics & Optoelectronics
  • Aerospace, Defense & Security
  • Mechanical/Chemical
  • Sensors & Instrumentation
  • Healthcare
  • Consumer
  • Energy
  • Others

Transparent Ceramics Regional Outlook (Revenue, USD Million, 2013 - 2024)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
    • Chile
  • 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.

Carbon Disulfide Market to Register Steadfast CAGR of 2.4% from 2017 to 2025

 The global carbon disulfide market size is projected to reach USD 165.1 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 2.4% during the forecast period. Growing demand for cellophane from the packaging industry, coupled with rising use of the compound in production of fertilizers, will boost market growth.

Carbon Disulfide

Carbon di sulfide, also known as carbon bisulfide, is a toxic, transparent, flammable, and volatile liquid chemical. Large amounts of this compound are used to manufacture cellophane, carbon tetrachloride, and viscose rayon. Smaller quantities, on the other hand, are used for solvent extraction or conversion into other chemical products, especially as a catalyst in rubber vulcanization or agents in the flotation process of ore concentration.

The carbon disulfide market is segmented based on application into rubber, rayon, fibre, pharmaceutical, agriculture, and packaging. In 2016, agriculture accounted for 13.6% of the total market revenue, owing to large-scale adoption of the compound in fertilizers and pesticides. The packaging application is expected to reach USD 19.79 million by 2025. Production of cellophane for the packaging industry is being carried out on a large scale in Asia Pacific, owing to increasing demand for packaging material. Carbon di sulfide is used extensively as an accelerator in the rubber vulcanisation process.

Access Research Report of Carbon Disulfide Market https://www.grandviewresearch.com/industry-analysis/carbon-disulfide-market

Further key findings from the report suggest

  • The U.S. carbon disulfide market will exhibit a 6.53% CAGR over the forecast period in terms of volume. The slowdown in the U.S. market has deeply impacted manufacturing activity in the country. Some estimates suggest a sharp decline in production of rubber, pharmaceuticals, fibres, and packaging
  • The U.K. carbon disulfide market is predicted to be driven by large-scale manufacturing activities. However, stringent legislations against adoption of carbon disulfide could impede growth
  • The China carbon disulfide market is likely to lead the global production of cellophane for packaging and rubber.

Grand View Research has segmented the global carbon disulfide market on the basis of application and region:

Carbon Disulfide Application Outlook (Volume, Million Kilograms; Revenue, USD Million, 2014 - 2025)

  • Rubber
  • Rayon
  • Fibers
  • Pharmaceuticals
  • Agriculture
  • Packaging

Carbon Disulfide Regional Outlook (Volume, Million Kilograms; Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East and 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.

Expansion of Food Colors Market During 2018 – 2025 to Gain Robust Traction: Grand View Research Inc.

 The global food colors market size is expected to reach USD 2.97 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for colored food products owing to their aesthetic appeal and increasing use in end user industries is expected to drive the demand for food colors over the forecast period.

Food Colors Market

Growing demand for the product across various industries such as beverages, bakery & confectionary, and dairy products is likely to have a positive impact on the utilization of food colors in the foreseeable future. The demand for food colors for the production of canned products is also estimated to drive the industry growth.

Growing consumer demand for low-fat food is another factors which is expected to supplement the market growth in near future The rising adoption of processed food by consumers across the globe is estimated to translate into the growth in demand of the product. In addition, rising demand for alcoholic and non-alcoholic beverages is likely to drive the market growth over the forecast period.

Rising disposable incomes and changing lifestyles due to rapid urbanization are likely to have a positive influence on the market over the forecast period. Ongoing product innovation, consumer preference for high-quality products, and solidification of government regulations is likely to propel the growth in the next few years.

The absence of any notable substitute to the product results in negligible threat of product substitution. However, the industry is expected to witness internal substitution with natural food colors being increasing used as a substitute for synthetic food colors. The market is expected to witness a degree of uncertainty due to high degree of volatility observed in the prices of raw material.

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

Further key findings from the report suggest:

  • Natural food colors are expected to reach USD 2.50 billion by 2025, owing to growing awareness among consumers regarding the health benefits associated with the product.
  • CSDs and non-alcoholic beverages is estimated to be the fastest growing application with a growth rate of 6.4% over the forecast period, on the account of rising demand for juices, soft drinks, and carbonated soft drinks in emerging economies.
  • The demand for the product in Asia Pacific is expected to reach a value of USD 868.0 million by 2025 in the wake of growing food and beverage industry in the region.
  • The companies have adopted different approach to compete with each other. For example, Allied Bioitech Corporation have adopted a mono-product approach. It is global supplier for carotenoids and manufactures & distributes only on product.

Grand View Research has segmented the food colors market on the basis of product, application, and region.

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

  • Synthetic
    • Red 40/Allura Red
    • Yellow No. 5
    • Yellow No. 6
    • Others
  • Natural
    • Beta Carotene
    • Astaxanthin
    • Anthocyanin
    • Annatto
    • Others
  • Natural-identical
    • Other Mixed Carotene
    • Lutein
    • Canthaxanthin
    • Lycopene
    • Curcumin
    • Titanium Dioxide
    • Others
  • Others

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

  • Dairy Food
  • Non-Dairy Food
  • CSD & Non-alcoholic Beverages
  • Alcoholic Beverages

Food Colors Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

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

Cement Market is Expected to Prominent $682.3 Billion Growth By 2025: Grand View Research Inc.

 The global cement market size is expected to reach USD 682.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.8% during the forecast period. The market is anticipated to register rapid growth due to growing infrastructural development across the globe.

Cement Market

The global infrastructure investment is dominated by countries such as India, China, and the U.S. Soaring need for infrastructure upgrade and modification in the U.S. is likely to fuel the demand for cement over the forecast period.

Demand for residential properties is growing due to increasing urbanization and rising household income. In addition, improving economic conditions in countries such as India and China is stimulating the demand for retail and commercial spaces. Both countries are estimated to observe a remarkable rise in establishments in urban areas over the forecast period, thus providing a fillip to the cement market. 

Aditya Birla Ultratech, CNBM International Corporation, CEMEX S.A.B. de C.V., HeidelbergCement AG, Italcementi, InterCement, LafargeHolcim, SCG, Taiheiyo Cement Corporation, Titan Cement Group, Votorantim, Mitsubishi Cement Corporation, Alamo Cement Company, Argos USA Corporation, ESSROC Cement Corporation, Drake Cement LLC, and Anhui Conch Cement are some of the prominent companies operating in the market.

Access Research Report of Cement Market@ www.grandviewresearch.com/industry-analysis/cement-market

Further Key Findings from the Report Suggest:

  • Portland cement accounted for close to 90.0% of the overall revenue in 2016. Properties such as high strength and durability exhibited by this type are likely to trigger its demand over the forecast period
  • On the basis of product, the others segment is expected to register a CAGR of 6.6% over the forecast period. Prices of other cements are expected to decline in the coming years, which, in turn, is expected to drive the market.
  • Supportive regulations and favorable government policies, such as Housing for All and smart cities in India, are expected to trigger the demand for cement in residential and commercial applications in developing and underdeveloped countries
  • The Cement Action Plan is a part of the World Business Council for Sustainable Development´s (WBCSD) Low Carbon Technology Partnerships initiative (LCTPi) to accelerate the deployment of low-carbon solutions in the cement industry. Policies and government initiatives related to this plan are projected to augment the market over the forecast period.
  • Regional expansions and R&D are the key strategies adopted by major players to strengthen their position in the cement market as smaller companies are keen to collaborate with key players to strengthen their foothold in the global arena
  • In July 2014, Aditya Birla Ultratech acquired 2 units of Jaiprakash Associates in order to increase the firm’s production capacity to 100 metric tons per year by 2020.

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

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

  • Portland
  • Others

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

  • Residential
  • Non-residential/Infrastructure

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

  • North America
    • US.
  • Europe
    • Germany
    • Russia
  • 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

Wednesday, 14 October 2020

Latin America Detergent Market Projected to Be Worth $28.08 Billion By 2025: Grand View Research Inc.

 The Latin America detergent market size is anticipated to reach USD 28.08 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.9% during the forecast period. Rising demand for washing machines in developing countries in Latin America, coupled with surging demand for powder detergents from rural areas of developing economies, is expected to drive the market.

Frau bei Waschmittel Auswahl für Wäsche aus Pulver, flüssig Gel und Pods

Powder detergents are witnessing rising competition from liquid detergents. Adoption of liquid detergent in developing economies is experiencing a sharp rise owing to its ease of use and it being pre-dissolved. Application of liquid detergent on stains as compared to powder detergents is much more convenient for consumers.

The market is governed by presence of various regulations that specify safe use of raw materials used to manufacture detergents. In addition, since the demand for biodegradable and environment-friendly detergents is on a rise, this has encouraged manufacturers to spend on research & development and launch innovative products to cater to consumer demand.

The market for household & kitchen detergent is estimated to expand at a steady pace in Latin America over the forecast period.With the population in Latin America increasing, it is important to maintain cleanliness around households and commercial spaces to avoid threats of diseases and infections. These trends are likely to impact the demand for the product over the forecast period.

The commercial application sector is projected to be a lucrative segment on account of increasing investments being made in Latin America. Soaring need for proper sanitation and hygiene in hospitals and commercial spaces is fueling the demand for floor cleaners in the region. Since these spaces see an influx of people on a daily basis, it is important to maintain proper cleanliness for overall safety of the people.

Access Research Report of Latin America Detergent Market@ www.grandviewresearch.com/industry-analysis/latin-america-detergent-market

Further key findings from the report suggest:

  • In terms of revenue, the laundry detergent product segment is anticipated to reach USD 12.59 billion by 2025, exhibiting a CAGR of 5.8% from 2018 to 2025
  • The residential application segment dominated the market in terms of revenue in 2017. It is expected to represent about 60.0% of the market by 2025, owing to increasing awareness regarding importance of hygiene in households
  • The Colombia laundry detergent market is estimated to exceed USD 2.74 billion by 2025 owing to presence of various national brands and private label detergent manufacturers in the country
  • The market for Latin America laundry detergents is competitive with presence of a number of global, medium, and small scale companies catering to the regional demand
  • Some of the key companies present in the market are Productos Químicos Panamericanos SA (PQP), Procter & Gamble, California Cleaning Supply LLC, Detergentes Y Jabones Sasil S.A., and Biocloro S.R. The companies in the market use the strategy of mergers & acquisitions to expand their market reach and product portfolios.

Grand View Research has segmented the Latin America detergent market on the basis of product, application, and country.

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

  • Laundry Detergent
    • Powder
    • Liquid
    • Fabric Softener
    • Tablets
    • Others
  • Household & Kitchen Detergent
    • All-purpose Cleaners
    • Powder
    • Liquid
    • Others
  • Others

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

  • Residential
  • Commercial
  • Industrial

Detergent Country Outlook (Revenue, USD Million, 2014 - 2025)

  • Colombia
  • Haiti
  • Dominican Republic

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.

Nuclear Decommissioning Services Market to Bring In USD 8.90 Billion by End of the Forecast Period

 The global nuclear decommissioning services market size is expected to be valued at USD 8.90 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 6.8% CAGR during the forecast period. Global nuclear phase out and rising support from governments post nuclear accidents are among major factors expected to fuel market growth over the years to come.

Nuclear Decommissioning Services Market

Rise in public safety concerns due to hazardous consequences of nuclear accidents is set to actuate market demand over the coming years. In addition, increasing sustainability concerns are likely to positively impact market growth. The transitioning trend toward renewable energy thanks to various government initiatives and regulations is also projected to promote nuclear decommissioning services over the forecast period.

With extensive research and development underway, various novel decommissioning technologies to enable efficient dismantling of nuclear facilities have been developed. Furthermore, in order to enable sustainable development, government authorities are providing various incentives and support schemes for efficient dismantling of nuclear plants.

Based on reactor type, pressurized water reactors (PWR) grabbed the maximum share in the global market in 2016 and this trend is expected to continue over the forecast period. Increasing demand for PWRs due to their ease of operation and stability will also allow the segment to register a strong growth rate from 2017 to 2025. On the basis of decommissioning strategy, immediate dismantling is expected to account for the largest share in the market by 2025.

Europe has emerged as the leading region owing to increasing shut down of nuclear facilities in various countries such as Germany, U.K., France, and Lithuania. Presence of stringent government regulations in Europe to regulate dismantling processes is anticipated to propel market growth. Technological advancements and government support to phase out nuclear plants are likely to fuel the market in North America. Countries like U.S., Germany, Japan, and South Korea are rapidly developing markets for nuclear decommissioning services. 

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

Further key findings from the report suggest:

  • The market is likely to register a CAGR of 6.8%, in terms of value, from 2017 to 2025 on account of growing environmental concerns and promotion of renewable energy as against conventional sources of energy.
  • By type of reactor, the PWR segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to high preference for these reactors
  • Europe was valued at USD 2.29 billion in 2016 and is expected to witness significant nuclear decommissioning in future, with Germany and U.K. as major markets
  • Key market players include Orano Group; Babcock International Group PLC; Westinghouse Electric Company LLC; AECOM Group; Studsvik AB; Bechtel Group Inc.; GE Hitachi Nuclear Energy; and Magnox Ltd. These companies mainly focus on innovation to improve service quality and meet global demand. 

Grand View Research has segmented the global nuclear decommissioning services market on the basis of reactor type, strategy, and region:

Nuclear Decommissioning Services Reactor Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Pressurized Water Reactor (PWR)
  • Boiling Water Reactor (BWR)
  • Pressurized Heavy Water Reactor (PHWR)
  • Gas Cooled Reactor (GCR)
  • Others

Nuclear Decommissioning Services Strategy Outlook (Revenue, USD Million, 2014 - 2025)

  • Immediate Dismantling
  • Deferred Dismantling
  • Entombment

Nuclear Decommissioning Services Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

Liquid Silicone Rubber Market Pegged for Strong Growth During the Forecast Period

 The global liquid silicone rubber market is expected to reach USD 3.29 billion by 2025, according to a new report by Grand View Research, Inc. Increasing applications in end-use segment, particularly in medical and electronics industry has propelled the demand for the overall market. In addition, rising geriatric population and new material developments continue to fuel the demand of overall market.

Unique properties of liquid silicone rubber such as chemical inertness, heat resistance, flexibility, low viscosity has made it an ideal material to be incorporated into medical implants and devices. Moreover, the market is undergoing through extensive research and development process to innovate the material technology, which creates huge growth opportunities in upcoming years for the market.

Industrial grade was the largest segment in grade category in 2015 and held 53.5% of the overall market revenue. Automotive sector includes major applications of liquid silicone rubber in manufacturing of LED headlights, wiper blades and several other electronic components.

Medical application was the fastest growing segment over the forecast period with an estimated CAGR of around 9% from 2016 to 2025. The material is biocompatible thus has major applications in medical implants & devices, equipment parts such as sterilized parts, valves, skin contact devices, infusion pumps and others.

Access Research Report of Liquid Silicone Rubber Market @ https://www.grandviewresearch.com/industry-analysis/liquid-silicone-rubber-lsr-market

Further key findings from the report suggest:

  • The global liquid silicone rubber market revenue reached USD 1.5 billion in 2015 and is expected to grow at a CAGR of 7.9% from 2016 to 2025
  • Industrial grade emerged as the largest grade segment in 2015 and is estimated to generate revenue over USD 1.7 billion by 2025
  • Global liquid silicone rubber revenue in medical application was USD 285.6 million in 2015 and is anticipated to witness staggered growth over the next nine years
  • The U.S. liquid silicone rubber market in medical application is expected to reach a total revenue of over USD 234.4 million by 2025
  • The industry in Asia Pacific is projected to witness rapid growth over the next decade owing to various developments across major economies, especially in the automotive and electronics industry. The regional market is expected to grow at a CAGR of 8.6% from 2016 to 2025
  • Key participants in the market include Dow Corning, Momentive Performance Materials Inc., KCC Corporation, Simtec Silicone Parts, LLC, Bluestar, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Nusil Technology LLC, Laur Silicone and others. In the recent years, new product developments and acquisitions have been the major growth strategy acquired by key industry players for enhancing their market positions.

Grand View Research has segmented the global liquid silicone rubber market on the basis of grade, application and region:

Grade Outlook (Revenue, USD Million; 2013 - 2025)

  • Food
  • Medical
  • Industrial

 Application Outlook (Revenue, USD Million; 2013 - 2025)

  • Medical
  • Automotive
  • Consumer Goods
  • Electricals & electronics
  • Others

 Regional Outlook (Revenue, USD Million; 2013 - 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.

Paint Additives Market to Witness Tremendous Growth and Expansion by 2025

 The global paint additives market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.0% during the forecast period. The industry is driven by growing demand from industrial and architectural segments. Paints and coatings are used in a wide range of applications in industries such as oil and gas, marine, aerospace, cookware and household, furniture, machinery, and automotive.

Paint Additives

Currently, an increasing number of industry participants are moving toward manufacturing “green paints” - environment-friendly paints with zero volatile organic compound. This trend is primarily owing to a shift in consumer preferences, influenced by stringent regulatory policies. These aspects are expected to positively influence the market over the forecast period.

Increase in construction spending in emerging economies is expected to boost demand for various types of paints and coatings in the buildings and construction segment, consequently driving demand for paint additives. Surge in demand for paints and coatings, particularly powder-based coatings, is expected to benefit the overall product sector.

Access Research Report of Paint Additives Market@ https://www.grandviewresearch.com/industry-analysis/paint-additives-market

As of 2019, there are more than 70000 commercial construction businesses in the United States, with the spending in 2017 in this sector being USD 1.23 trillion, and with building and construction segment being one of the major contributors for paint additive products, this market is expected to show promising growth in coming years. 

Many formulators are being pressurized to reduce VOCs for marine and protective coatings, with countries like China and Korea implementing regulations strongly. Also, manufacturers are striving to reduce costs in coating processes through proper rheological modification. There is a lot of focus on development of low- and zero-VOC products, which would conversely help in the growth of the paint additives market.

The U.S. Green Building Council launched the LEED v4.1 green building program in April 2019, with the emission evaluation requirement for paints, sealants, adhesives and coatings being reduced from 90% to 75%. Decisions and developments by the USGBC will have a major effect on the growth of the paint additives market for the construction industry.

Industrial paint consumption is expected to receive significant boost in India, with the manufacturing sector in the country predicted to be among the top three growth economies and manufacturing destinations globally by 2020. This will have a very positive effect on the growth of the future market.

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.

Construction Additives Market to Partake Significant Development During 2018 to 2025

 The global construction additives market size is expected to reach USD 38.32 billion by 2025, according to a report published by Grand View Research, Inc., registering a CAGR of 8.8%. The market for construction additives is anticipated to be driven by growing awareness regarding advantages of construction additives among infrastructure developers, contractors, and designers. In addition, extensive use of construction additives in residential and commercial buildings is expected to boost market growth.

Construction Additives

Construction additives are advance materials, which have emerged as a viable solution for improving the quality of buildings and infrastructure. Additive concrete, compared to other conventional concrete types, possesses useful properties such as durability and high strength, which makes it ideal for use in infrastructure components.

By type, chemical is anticipated to be the fastest growing segment owing to its wide-ranging use in the construction sector. Its low cost, compared to other construction additives, is a major growth driver for this segment.

Booming hospitality industry all over the world, in addition to increasing number of medical centres, is responsible for enabling the commercial segment expand at the highest CAGR. On the other hand, increasing disposable income in developing countries, coupled with increasing government projects, is expected to drive the residential and infrastructure segments.  

Key players are investing in educating builders and contractors regarding the significance of using construction additives to enhance quality and endurance of construction. These players are also heavily investing in R&D activities, most of which are focused on manufacturing products that are suitable for various conditions at an affordable price.

Access Research Report of Construction Additives Market https://www.grandviewresearch.com/industry-analysis/construction-additives-market

Further key findings from the report suggest:

  • The chemical additives segment is anticipated to be exhibit the highest growth in terms of revenue, with a CAGR of 9.3% over the forecast period. Low cost and ease of use make it ideal for residential and commercial construction
  • The commercial segment is the largest end user in the global construction additives market. Extensive use of construction additives in high-rise buildings, hotels, malls, and hospitals is driving this segment
  • Asia Pacific is expected to be the largest as well as fastest-growing regional market, exhibiting a CAGR of 10.2% in terms of revenue over the forecast period. Rapidly growing population and rising government mega infrastructure projects in the region is expected to further boost market demand  
  • Many major players have invested in research and development activities in order to develop more effective and affordable products. Companies are also focusing on expanding their businesses in developing countries.

Grand View Research has segmented the global construction additives market on the basis of type, end use, and region:

Construction Additives Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

  • Chemical
  • Mineral
  • Fiber

Construction Additives End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

  • Residential
  • Commercial
  • Infrastructure

Construction Additives Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

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

Tuesday, 13 October 2020

Athleisure Market to Reach USD 517.5 Billion by 2025: Grand View Research Inc.

 Athleisure Market Growth & Trends

The global athleisure market size is expected to reach USD 517.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% over the forest period. Increasing adoption of fashionable active wear in corporate houses and work places is expected to be a key driver. In addition, extensive brand campaigns by apparel manufacturers through the inclusion of various media and sports celebrities have changed the perception of active wear as a fashionable wear among millennial and young customers across the globe.

Athleisure

Premium athleisure was the largest product segment with a market share of more than 65.0% in 2018. Major manufacturers including Adidas AG;Lululemon Athletica, Inc.; Nike, Inc.; PUMA SE; and Under Armour, Inc. are collaborating with the celebrities and launching new products in order to gain maximum customers.

For instance, in March 2016, Julianne Hough signed an agreement with MPG Sport USA for promoting athleisure collection. The company collaborated with the actress for influencing the customers with a fitness freak actress. These initiatives are expected to increase the product’s visibility among buyers over the next few years.

Asia Pacific is expected to be the fastest growing region at a CAGR of 8.8% from 2019 to 2025. Over the past few years, the industry participants have adopted marketing strategies including innovative product launches, celebrity endorsements, increasing exclusive stores, and focus on e-commerce in order to cater to the increasing demand for technological advanced products in the developing countries including China and India.

For instance, in April 2018, Adidas AG announced to close their brand stores and focus on the development of e-commerce. The company has already closed around 220 stores across the globe in 2017 and is aiming to increase the revenue generated from e-commerce. These trends are expected to boost the market growth over the forecast period.

Key players include Lululemon Athletica, Inc.; Adidas AG; Nike, Inc.; PUMA SE; Under Armour, Inc.; AJIO Company; H&M; HUMAN PERFORMANCE ENGINEERING; EYSOM, LLC; and Esprit Retail B.V. & Co. KG. Product innovation is expected to remain a critical success factor among the manufacturing firms over the next few years.

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

Athleisure Market Report Highlights

  • Asia Pacific for athleisure market is expected to register the fastest CAGR of 8.8% from 2019 to 2025
  • North America was the largest market, with a share of more than 30.0% in 2018
  • Premium athleisure was the largest product segment, with a share of more than 65.0% in 2018
  • Online is expected to be the fastest growing segment at a CAGR of 8.5% from 2019 to 2025.

Athleisure Market Segmentation

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

Athleisure Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Mass
  • Premium

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

  • Offline
  • Online

Athleisure Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

Monday, 12 October 2020

Men’s Underwear Market Industry Outlook & Future Forecast Report Till 2025

 The global men’s underwear market size is expected to reach USD 14.57 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.3% during the forecast period. Increasing awareness about health, best fit and personal hygiene, and rise in millennial population, are expected to drive the growth. Increasing availability of a wide range of products in multiple designs suitable for various purposes such as sports, regular wear, and functional wear among others is projected to further fuel the demand.

Improving fashion trends, increasing disposable income, and changing consumer lifestyle and preferences are expected to boost the market growth. Increasing concerns regarding the fabric used for manufacturing underwear is one of the major factor driving the market. Availability of a wide variety of fabrics such as cotton, polyester, nylon, rayon, silk, and cotton blends further drive the product demand. Underwear manufactures are focusing on intimate product designs and patterns such as thongs, C-string, tanga, and jockstraps among others, which is projected to further fuel the product demand.Millennials are more receptive to new and different products. Demand for new and innovative products in terms of color, fabric, print, and style among others is high among millennials, which in turn is creating opportunity for the manufactures in the market.

Companies focus on R&D to make the products suitable for all shapes and sizes. Innovation in advance tailoring along with new fabric modal, viscose or merino wool, helps in reducing moisture and regulate temperature is driving the competitiveness in the market. For Instance, Saxx offer 3D hammock shaped pouch that prevent skin-against-skin friction with the help of mesh panels which features no exposed stitching for chafe free comfort. Also, Under Three-D fit range they have created a 3D shaping around glutes, thighs, quads and hamstrings by using nine panels of fabric to make consumers fit, feel and functional.

By type, the men’s underwear market is segmented into briefs, boxer brief, trunks, boxers, and others. Boxer brief is estimated to hold the largest market share of approximately 33.0% owing to the factors such as sleek fit, better support, and comfort offered by the product. Boxer brief are designed to imitate tapered boxers with a snug fit and they remain comfortable like briefs. They are available with numerous pouch options, for instance the contour pouch by Calvin Kelvin.

Trunks is estimated to register the fastest CAGR of 5.7% from 2019 to 2025. Trunks are gaining popularity among millennials and Generation X as they are more versatile and suitable for everyday wear including dressing up occasions and for sportswear. Trunks are lean short than boxer brief which allow the legs and thighs to look muscular and slimmer, which drives their popularity among younger generation.

By Fabric, the market is segmented into cotton, polyester, modal, nylon, and others. Cotton fabric underwear held the largest market share of approximately 68.0% in 2018, attributed to the properties of the cotton that makes underwear soft, lightweight, and more breathable. Consumers prefer cotton fabric underwear over others for the comfort, high absorbency, and moisture resistance of the fabric. Modal fabric underwear is projected to register the fastest CAGR of 5.6% over the forecasted period. It is a type of rayon and the second generation regenerated cellulosic fiber which is around 50% more absorbent than cotton. It is the softest fabric in men’s underwear segment. Shrink resistance, high wet strength, and absorbent properties of the fabric make it more durable and able to sustain multiple washes and suitable for tumble dry.

Asia Pacific is the largest and fastest growing market for men’s underwear. It is projected to expand at the fastest CAGR of 5.9% over the forecasted period. High demand for underwear owing to high male population in the region can be accredited to the growth. China and India accounted for male population of 714 million and 694 million respectively in 2017. Both these countries together account for more than 70.0% of the regional market.

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

Further key findings from the report suggest:

  • Boxer brief type segment held the largest market share of approximately 33.0%% in 2018 and is expected to reach USD 4.9 billion by 2025
  • Cotton fabric held the largest market share of more than 68.0% in 2018, driven by the properties of cotton that make the underwear soft, lightweight, more breathable,highly absorbent, and moisture resistant
  • Key players in the men’s underwear market are Phillips-Van Heusen Corporation; Hanesbrands Inc.; Jockey International Inc.; American Eagle Outfitters Inc. and Ralph Lauren Corporation

Grand View Research has segmented the global men’s underwear market on the basis of type, fabric, and region:

Men’s Underwear Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Briefs
  • Boxer Brief
  • Trunks
  • Boxers
  • Others

Men’s Underwear Fabric Outlook (Revenue, USD Million, 2015 - 2025)

  • Cotton
  • Polyester
  • Modal
  • Nylon
  • Others

Men’s Underwear 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.

Pet Shampoo Market Report by Opportunity, Major Driving Factors and Business Growth Strategies by 2025

 The global pet shampoo market size is expected to reach USD 757.7 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. Increasing rate of pet adoption among millennials is expected to remain a key growth driver. In addition, rising awareness about animal health and hygiene among the pet owners is expected to fuel the product demand.

Pet Shampoo

Dog products segment held the leading market share exceeding 30% in 2018. The dog adoption rate has been increasing in countries, including U.S., Argentina, Mexico, Brazil, U.K, Russia, China, Japan, Philippines, and India. This trend is anticipated to boost the demand for dog shampoos in the upcoming years.

The commercial application segment held the largest market share of over 60% in 2018. Growing number of pet stores on a global level has been driving the application in the commercial sector. Furthermore, the bulk requirements from the growing animal boarding and grooming services has been impacting the market positively.

The online distribution channel is expected to witness the fastest growth in near future. The prominent e-commerce players in the pet shampoo market include Amazon; PetSmart Inc.; BarkBox; Petco Animal Supplies, Inc.; PetFlow; Bulk Reef Supply; TABcom LLC; and PetMed Express, Inc.

Asia Pacific is anticipated to register the fastest CAGR of 13.8% from 2019 to 2025. China, Australia, India, South Korea, and Philippines are the major economies in the region. Rapid pace of urbanization along with the increasing purchasing power of consumers is expected to boost the regional market growth in near future.

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

Further key findings from the report suggest:

  • Household application is expected register the fastest CAGR of 6.7% from 2019 to 2025
  • Commercial segment held the largest market share of more than 50% in terms of revenue in 2018
  • Offline distribution channel held the leading market share of around 90% in 2018
  • Online distribution channel is expected expand at the fastest CAGR of more than 10% during the forecast period
  • The key competitors in the market include Groomer's Choice; SynergyLabs; Vet's Best; Himalaya Herbal Healthcare; Petco Animal Supplies, Inc.; Logic Product Group LLC; Wahl Clipper Corporation; 4-Legger; Earthwhile Endeavors, Inc.; and World For Pets

Grand View Research has segmented the global pet shampoo market on the basis of animal, application, distribution channel, and region:

Pet Shampoo Animal Outlook (Revenue, USD Million, 2015 - 2025)

  • Dog
  • Cat
  • Others

Pet Shampoo Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Household
  • Commercial

Pet Shampoo Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Pet Shampoo Region 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.

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...