Monday, 26 October 2020

Chromium Market Is Expected To Witness Revenue Growth At A CAGR Of 2.7% from 2017 to 2025

 The global chromium market size is expected to reach USD 16.55 billion by 2025, according to a new report by Grand View Research, Inc., registering a 2.7% CAGR during the forecast period. Increasing demand from the stainless steel industry has been a key factor driving market growth globally. Robust growth of various end-use industries in Asia Pacific is fueling stainless steel demand and, in turn, demand for chromium.

Chromium finds extensive application across segments such as chrome plating and finishing, in production of synthetic rubies, metal ceramics, dyes and paints, and in various super alloys. It is also used in metallurgy to render a shiny finish and impart corrosion resistance.

Asia Pacific is witnessing increased demand for chromium due to booming manufacturing in automotive and electronics industries in the region. China and India are key contributors in these industries. Strong GDP growth rate, increasing income, and government support are driving automotive production in these countries. Moreover, stronger demand has been observed from lower-tier cities in these countries owing to decline in automobile prices.

Rising number of buyers on account of the unique properties exhibited by chromium, such as corrosion resistance and shiny texture, has led to low bargaining power of buyers. Growing demand for chromium in metal finishing and plating industry in Asia Pacific is expected to drive the market. However, the carcinogenic properties of chromium may lead to severe health effects, thereby hampering market growth.

Access Research Report of Chromium Market

Further key findings from the report suggest:

  • The global chromium market was valued at USD 13.07 billion in 2016 and is expected denote a CAGR of 2.7% from 2017 to 2025
  • Metallurgy was the largest application segment in 2016 and is expected to register a CAGR of 2.8% between 2017 and 2025
  • The chemical segment was valued at USD 708.2 million in 2016 and is anticipated to witness moderate growth over the next eight years. Chromium-based chemicals include chrome oxide, chromic acid, and potassium dichromate
  • The Asia Pacific market is projected to experience substantial growth over the next eight years owing to rising demand from various stainless steel end-use industries, especially automotive and aerospace. In terms of revenue, APAC is expected to register a CAGR of 3.1% between 2017 and 2025
  • Key players including Kermas Group Ltd., Glencore PLC, Samancor Chrome, Assmang Proprietary Limited, Odisha Mining Corporation, Hernic Ferrochrome (Pty) Ltd., CVK Group, Al Tamman Indsil FerroChrome LLC, and Gulf Mining Group LLC are engaged in mining and production of chromium in the global market.

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

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

  • Metallurgy
  • Chemicals
  • Refractory
  • Others

Chromium 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.

Refrigerant Market is Expected to Amplify $30.37 Billion Value by 2025: Grand View Research Inc.

 The global refrigerant market size is expected to reach USD 30.37 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% during the forecast period. Development of eco-friendly alternatives, as a result of environmental policies aimed at ozone depletion and GHG emissions, is a key factor driving market growth. 

Regulations across EU, Japan, China, and U.S. have prompted consumers to shift toward hydrocarbon and inorganic refrigerants, with its demand predicted to increase drastically over the forecast period. The fluorocarbons segment accounted for over 50% of the overall consumption in 2016.

Inorganics emerged as the second-largest product segment in terms of revenue. Thermal efficiency of the product has enabled its penetration across industrial applications. Low cost, easy availability, and eco-friendly characteristics are key factors boosting its demand in industrial areas.

The Asia Pacific market for refrigerants has reported strong demand in recent times. Growth in industrial activity and productivity across China and India will continue to spur demand for refrigeration across residential, industrial, and commercial sectors. China represented more than one fifth of the global consumption in 2016.

Companies are constantly striving to consolidate their presence through product development, regional expansions, and application diversification strategies. Innovative and cost-effective products that meet both end-user specifications and regulatory standards are key determinants for competitive edge.

Access Research Report of Refrigerant Market@ https://www.grandviewresearch.com/industry-analysis/refrigerant-market

Further key findings from the report suggest:

  • The global refrigerant demand was estimated at 1.73 million tons in 2016 and is expected to rise at a CAGR of 5.4% from 2017 to 2025
  • The United Nations Framework Convention on Climate Change has played a pivotal role in regulating the use of refrigerant products and has compelled industry participants to develop alternative sources
  • Europe is the second largest consumer, with the mobile air conditioning, industrial, and commercial refrigeration sectors exhibiting strong demand. A standard environmental policy across EU has impelled regional manufacturers to invest extensively in R&D
  • The hydrocarbon refrigerant segment is expected to witness a CAGR of 8.9% in terms of volume over the forecast period. Energy efficiency, low cost, and ecofriendly nature of the product are key traits positively influencing demand
  • Domestic refrigeration is estimated to emerge as the most promising segment in terms of volume, exhibiting a CAGR of 6.2% over the forecast period
  • Some of the key players in the market are Honeywell International, Daikin Industries Limited, Arkema S.A., Linde Group, and The Chemours Company.

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

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

  • Fluorocarbon
  • Hydrocarbon
  • Inorganic
  • Others

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

  • Industrial Refrigeration
  • Domestic Refrigeration
  • Transport Refrigeration
  • Commercial Refrigeration
  • Stationary Air Conditioning, Chillers & Heat Pumps
  • Mobile Air Conditioning

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

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

About Grand View Research

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

Automotive Polymer Composite Market is Projected to Boost USD 11.6 Billion by 2025

 The global automotive polymer composites market size is expected to reach USD 11.6 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.8% during the forecast period. Polymer, metal, and ceramic matrix composites are key composites used in the automotive industry.

The use of polymer matrix composites on a large scale in the manufacturing of exterior components such as rear windshield glazing, fender, panoramic roof modules, wheel covers, headlight lenses, headlight housings, bumper, and front grille is expected to drive the market over the forecast period. The automotive industry is witnessing challenges in aligning production or assembly processes with enhanced material properties and innovative product design, especially for large-volume production facilities. Although aluminum and steel are mostly used in lightweight vehicles, high-performance FRP composites can potentially outperform both aluminum and steel.

Private collaborations between companies in automotive and chemical industries, such as Toray and Daimler, SGL and BMW, SGL and Volkswagen, and Toho Tenax and General Motors, have substantially helped in the allocation of resources in the automotive polymer composites industry. For instance, in 2014, BMW-SGL announced an investment of approximately USD 200 million to triple the production capacity of its CFRP plant located in Moses Lake, Washington, U.S.

Product innovation is one of the key challenges faced by companies operating in the market. Manufacturers are aiming at reducing costs and increasing efficiency of products. Implementation of passenger safety laws such as the Federal Motor Vehicle Safety Standards (FMVSS) is anticipated to drive the automotive polymer composites market over the forecast period. 

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

Further key findings from the study suggest:

  • Demand for automotive polymer composites from electric vehicles is expected to rise at an estimated CAGR of 7.0% from 2017 to 2025 due to increasing focus on using lightweight materials
  • Vinyl ester-based polymer composites are expected to witness the highest growth over the forecast period. These composites are used in mainstream automotive applications such as sunroof, radiator assembly, and heat shields
  • In recent years, various initiatives have been undertaken to commercialize CFRP for use in mass production of vehicles. In order to sustain increasing competition, composite suppliers are forced to upgrade their capabilities to cater to higher volume segments
  • In April 2017, Solvay entered into a consortium with Bentley and Penso to develop high-volume composite technologies
  • Countries such as Japan, China, Vietnam, and Indonesia have laid down several policies pertaining to emission control, in keeping with EU’s emission standards

Grand View Research has segmented automotive polymer composites market on the basis of resin, product, application, end use, manufacturing process, and region:

Automotive Polymer Composites Resin Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Epoxy
  • Polyurethane
  • Polyamide
  • Polypropylene
  • Polyethylene
  • Polyester
  • Vinyl Ester
  • Other Resins

Automotive Polymer Composites Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Carbon Fiber
  • Glass Fiber
  • Natural Fiber

Automotive Polymer Composites Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Polyethylene
  • Detergent Alcohol
  • Synthetic Lubricants
  • Others

Automotive Polymer Composites End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Conventional Vehicles
  • Electric Vehicles
  • Trucks & Buses

Automotive Polymer Composites Manufacturing Process Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Compression Molding
  • Injection Molding
  • Sheet Molding
  • Resin Transfer Molding

Automotive Polymer Composites Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

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

About Grand View Research

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

Aerospace Floor Panels Market Pegged for Strong Growth During 2018 – 2025: Grand View Research Inc.

 The global aerospace floor panels market size is expected to reach USD 554.4 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 5.6% during the forecast period. The market is majorly driven by the growth of the aerospace industry, rising air passenger traffic, and increasing defense expenditure. 

Aerospace floor panels are crucial products used for flooring in aircraft. They are manufactured using a number of raw materials including Nomex honeycomb and aluminum honeycomb. These raw materials are used to manufacture aerospace floor panels to be used in military, commercial, and business aircraft.

In terms of revenue, commercial aviation was the largest end-use segment for aerospace floor panels, accounting for 59.4% of the global market in 2016. Air passenger traffic has been increasing consistently over the years and this trend is expected to continue over the forecast period. Rising passenger traffic is supported by increasing deliveries from manufacturers. Also, an increase in the number of routes that connect various cities has facilitated the growth of air passenger traffic.

A large number of research agencies have been carrying out R&D activities and are increasing investments in the aerospace floor panels field for several years now. Research has helped in discovering various benefits of using aluminum honeycomb for manufacturing these panels. Technological innovations involving honeycombs have led to the discovery of new methods of manufacturing high-strength and lightweight honeycomb cores.

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

Further key findings from the report suggest:

  • The military aircraft end-use segment will exhibit the fastest CAGR of 7.2% in terms of revenue from 2017 to 2025, on account of growing defense spending across the globe
  • By aircraft type, the narrow body segment emerged dominant in terms of revenue in 2016 and is estimated to reach a market size of USD 386.0 million by 2025. Rising adoption of these aircraft for domestic transport, where compact aircraft are preferred, is expected to drive growth
  • Asia Pacific is expected to witness significant growth over the forecast period, mainly on account of considerable growth in air traffic and defense spending, especially in India and China. In terms of revenue, this regional market is expected to exhibit a CAGR of 6.7% from 2017 to 2025
  • Key players such as Rockwell Collins Inc.; Zodiac Aerospace; Triumph Group Inc.; The Nordam Group Inc.; AIM Aviation Ltd.; EnCore Group; and The Gill Corporation dominated the industry.

Grand View Research has segmented the global aerospace floor panels market on the basis of raw material, aircraft type, end use, and region:

Aerospace Floor Panels Raw Material Outlook (Revenue, USD Million, 2014 - 2025)

  • Nomex honeycomb
  • Aluminum honeycomb
  • Others

Aerospace Floor Panels Aircraft Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Narrow body aircraft
  • Wide body aircraft
  • Very Large Aircraft (VLA)

Aerospace Floor Panels End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • Commercial aviation
  • Military aircraft
  • Business jets

Aerospace Floor Panels Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
    • The U.S.
  • Europe
    • The U.K.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE
    • 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.

Heat Treating Market Expected To Hit CAGR To 3.5% By 2025: Grand View Research Inc.

 The global heat treating market size is expected to reach USD 122.34 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 3.5% CAGR during the forecast period. Increasing penetration of metal treatment services in automotive, aerospace, construction, energy, and metalworking applications is expected to act as a key market driver over the forecast period.

Steel is a key material used in the metal heat treatment industry. Increasing use of steel in construction and machining applications is projected to positively impact segment growth over the forecast years. Other metals commonly used include aluminum, iron, copper, and nickel. Aluminum is expected to witness significant growth on account of increasing penetration of the metal in aerospace and automotive industries.

The most commonly used processes for heat treatment include hardening and tempering, case hardening, and annealing. Case hardening is expected to witness significant growth over the forecast period due to growing popularity of carburizing, nitrding, and carbonitriding for surface hardening in metalworking and machining applications.

Automotive emerged as the dominant application segment in terms of market share in 2016. However, aerospace is expected to witness highest growth during the next eight years on account of a rapidly-growing aerospace industry in emerging economies worldwide. Companies in the domain including Bluewater Thermal Solutions; Bodycote Heat Treatments Ltd.; Summitglow Ltd.; Ajax Tocco International; and Metcor Inc. are involved in furnace manufacturing, treatment services, and surface treatment facilities.

Access Research Report of Heat Treating Market@
https://www.grandviewresearch.com/industry-analysis/heat-treating-market

Further key findings from the report suggest:

  • The heat treating market was valued at USD 90.73 billion in 2016 and is expected to exhibit a CAGR of 3.5% from 2017 to 2025. The market is primarily driven by increasing demand for metal treatment services from key end-use verticals
  • The cast iron material segment was valued at USD 9.43 billion in 2016 and is projected to witness comparatively slower growth over the forecast period. This can be attributed to increasing use of other metals such as aluminum, copper, titanium, and nickel in various end-use industries
  • In 2016, the case hardening process segment was valued at USD 23.99 billion, expanding at the highest CAGR of 3.7% over the forecast period. This growth can be attributed to increasing use of carburizing for surface hardening as opposed to conventional hardening
  • Asia Pacific dominated the global market in terms of revenue; the market was valued at USD 34.21 billion in 2016 and is projected to expand at a CAGR of 3.9%. Rapid growth in key end-use industries across emerging economies of India, China, Indonesia, and Vietnam, among others is expected to benefit regional market growth over the forecast years
  • Key industry participants are engaged in technical collaborations, mergers with furnace manufacturers, and strategies to expand geographical reach in order to increase profit margins and application portfolios.

Grand View Research has segmented the global heat treating market on the basis of material, process, equipment, application, and region:

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

  • Steel
  • Cast iron
  • Others

Heat Treating Process Outlook (Revenue, USD Million, 2014 - 2025)

  • Hardening & tempering
  • Case hardening
  • Annealing
  • Normalizing
  • Others

Heat Treating Equipment Outlook (Revenue, USD Million, 2014 - 2025)

  • Fuel-fired furnace
  • Electrically heated furnace
  • Others

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

  • Automotive
  • Aerospace
  • Metalworking
  • Machine
  • Construction
  • Others

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

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

About Grand View Research

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

Thursday, 22 October 2020

Face Bronzer Market to Mark a Highest CAGR of 9.5% Through 2025

 The global face bronzer market size is expected to reach USD 22.5 billion by 2025, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Increasing awareness of the functions of the cosmetic products such as concealing imperfections on the facial skin such as blemishes, pores, freckles, powder spots, under-eye is a key driving factor. Powder circles and wrinkles are uplifting the demand for specific face make-up cosmetics such as bronzers and blushers. In addition, there has been a remarkable rise in the demand for organic and natural face bronzers due to awareness of harmful side effects of the synthetic elements in these cosmetic products.

Furthermore, aggressive and glamorous promotions of these products and constant product innovations by the manufacturers have increased the demand for this product among the young population. Consciousness of women about their physical appearance and their inclination towards beauty products that help in enhancing their inherent beauty and highlighting certain facial features result in the market growth. Contouring helps in slimming down the forehead, nose, chin, jawline, and other parts of the face, while providing a bronze look to the face. The trend of the bronze look is expected to further drive the market. Moreover, influence of the emerging trend of different facial looks everyday amongst the youngsters is anticipated to fuel the market growth.

Increasing disposable income in the developing countries of Asia Pacific is driving the demand for face make-up cosmetic products. Furthermore, association of women to beauty in the film industry and worldwide beauty contests has spurred the demand among women. This has been influencing the women all over the globe to buy make-up products. The cream/liquid bronzer is anticipated to witness significant growth, followed by powder and stick face bronzers. This is due to the convenience and time-saving process of applying liquid bronzer with the help of spray and then brushing it to contour. Moreover, women claim to be satisfied with the liquid spray bronzer comparatively more since it stays for a longer time and gives an even texture.

Asia Pacific held the largest revenue share of 24.4% in 2018 owing to rising demand in countries such as India, Malaysia, and China and growing imports of natural and organic face make-up cosmetic products. The face bronzer market in North America is growing at a significant rate and it has held the largest share in the face bronzing powder segment, which, in turn, largely contributes to the growth of the North America market.

The manufacturers in North America are focusing on providing high-quality products by improving their production techniques. Key players are engaged in strategy implementation such as mergers and partnerships to expand their product portfolio and maintain a strong foothold in the market. Key players having a strong foothold in the global market include Chanel, Este Lauder Companies, Tom Ford, Benefit (LVMH), Bobbi Brown, MAC Cosmetics, Bourjois (Coty), NARS Cosmetics, Elizabeth Arden (Revlon), Vita Liberata, Jane Iredale, AVON, and LORAC.

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

Further key findings from the study suggest:

  • By product type, cream/liquid is projected to ascend at a CAGR of 9.8% over the forecast period. The powder segment dominated the face bronzer market with 49.6% share of the overall revenue in 2018
  • Asia Pacific dominated the global market in 2018 and accounted for 24.4% share of the overall revenue. This trend is projected to continue over the next few years
  • Countries such as U.S. and U.K. are considered to be the major markets due to high demand among the consumers, followed by Brazil, China, and Japan.

Grand View Research has segmented the global face bronzer market on the basis of product type, end user, and region:

Face Bronzer Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

  • Powder
  • Cream/Liquid
  • Sticks

Face Bronzer End User Outlook (Revenue, USD Billion, 2015 - 2025)

  • Men
  • Women

Face Bronzer Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

About Grand View Research

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

Electric Face Cleansers Market to Raise at CAGR of 5.4% from 2019 to 2025

 The global electric face cleanser market size is expected to reach USD 10.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% over the forecast period. The market is expected to witness significant growth due to increase in awareness related to skin health and beauty products.

Commercial electric face cleanser occupied the largest market share in 2018 owing to increasing number of people opting for salon-based beauty treatments. The geriatric population is more prone to problems like skin ageing, wrinkles, and skin elasticity, which has resulted in increasing preference for salon-based treatments. Major salons have been observed using latest machinery and devices to provide skin care treatments to their customers. This is expected to increase the consumption of electric face cleansers in salons and spas.

In addition, manufacturers are forming contractual alliances with branded and local salon brands to boost product sales. Personal electric face cleansers are expected to witness the fastest growth during the forecast period due to increase in consumption of at-home beauty devices. Benefits such as ease-of-use and cost effectiveness are anticipated to increase the demand for the product for personal use. This is expected to fuel overall market growth from 2019 to 2025.

Electric face cleansers were majorly sold via offline channels in 2018. However, due to growth of e-commerce and digital marketing, online sales are expected to boost from 2019 to 2025. Moreover, rise in direct-to-consumer businesses like Nykaa and Purplle is expected to boost the sales via online channels during the forecast period. The online sales are also driven by websites of major manufacturers like Pixnor and L’Oreal. This is expected to increase online sales over the forecast period.

In 2018, North America held a major share in the electric face cleansers market due to the presence of the major players as well as high awareness about beauty devices among the population. In addition, there has been a rise in skin allergy occurrences among the population due to prolonged exposure to sun and UV radiations. This is expected to boost the skincare market growth in the next few years, which will propel the demand for electric face cleansers. Asia Pacific is the fastest growing region in this market. Major factors contributing to the robust growth are increase in disposable income due to rapid urbanization, major players penetrating the market, and growth of the electric appliances market. Countries like China and India are the major consumers of cosmetic products all over the world. This is anticipated to drive the market for electric cleansers in the projected period.

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

Further key findings from the study suggest:

  • By end use, the personal segment in electric face cleansers market is expected to ascend at a CAGR of 6.1% over the forecast period owing to increasing use of at-home beauty devices
  • L’Oréal acquired Clarisonic, a market leader in sonic skin care devices and technology. This acquisition expanded L’Oréal’s brand portfolio and enabled the company to enter into the skin care device market
  • Pixnor launched a 7-in-1 electric face cleanser to increase its product offering. This face cleanser comes with 7 different types of brushes. These brushes serve different cleansing purposes such as cleaning, massaging, and exfoliation
  • In May 2016, Foreo launched its Luna electric facial cleanser. It is very small in size and easily fits into a purse or travel kit. This strategy was employed by Foreo to improve its product offering.

Grand View Research has segmented the global electric face cleansers market on the basis of end use, distribution channel, and region:

Electric Face Cleanser End Use Outlook (Revenue, USD Million, 2015 - 2025)

  • Personal
  • Commercial

Electric Face Cleanser Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Online
  • Offline

Electric Face Cleanser 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.

Demand Feminine Intimate Care Market Increasing in Most Part of World 2025

 Feminine Intimate Care Market Growth & Trends

The global feminine intimate care market size is anticipated to reach USD 1.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.4% over the forecast period. Rising inclination of women towards female hygiene products owing to increasing risk of health issues in the intimate area leading to various skin diseases has fueled the market growth.

According to the findings, rise in the average age of early puberty has been observed. The average age of puberty among women has decreased to 10 to 11 years, which earlier was 13 years. Unhealthy food habits, obesity, and stress are the main reasons responsible for early puberty in girls.

Developing countries such as Afghanistan, Cambodia, India, and China lack proper hygienic conditions and sanitation facilities. The government is taking initiatives to increase awareness amongst women regarding hygiene products such as intimate wash in rural areas. For instance, the UNICEF organized the Global interfaith WASH Alliance (GIWA) in India to influence the women to maintain hygiene and raise awareness regarding dressing topics such as menstruation.

The female intimate wash accounted for the largest share of 38.4% in 2018. According to a report by Chem Fatale, approximately 40% of American females use intimate wash to keep the area clean and fresh. Intimate wipes are anticipated to register the highest CAGR of 3.9% over the forecast period. According to studies, more than 10% to 15% of women in America use wipes out of which Latina women are the prime users of the wipes.

In 2018, the offline distribution channel accounted for a share of more than 60.0%. Store purchase enables consumers to choose from a large number of product offerings. Presence of a store associate also helps the consumers to choose the correct product suiting their needs. Rise in penetration of e-commerce and smart devices like mobile phones and tablets, along with benefits like easy payment options and discounts offered by the e-retailers, is anticipated to spur the market growth through online distribution channel.

The women intimate care industry is dominated by leading players such as Sanofi; Bayer Group; Namyaa Skincare; C.B. Fleet Company, Inc.; CTS Group; Wet & Dry Personal Care (P) Ltd.; Combe Incorporated; SweetSpot Labs; Sliquid, LLC.; and Honey pot.

Request a free sample copy or view report summary: Feminine Intimate Care Market Report

Feminine Intimate Care Market Report Highlights

  • Offline distribution channel held the largest share of more than 60.0% in 2018 and was valued at USD 756.5 million
  • The growth of the online channel segment is due to features such as product comparison, detailed product overview, easy exchange, and refund options. It is expected to expand at a CAGR of 3.6% over the forecast period
  • By product type, the wipes segment is expected to register the highest CAGR of 3.9% from 2019 to 2025
  • North America accounted for the largest feminine intimate care market share in 2018.

Feminine Intimate Care Market Segmentation

Grand View Research has segmented the global feminine intimate care market on the basis of product type, distribution channel, and region:

Feminine Intimate Care Product Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Wash
  • Wipes
  • Moisturizers & Creams
  • Others

Feminine Intimate Care Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Feminine Intimate Care Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

About Grand View Research

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

Household Hand Tools Market Plying for Significant Growth During 2019-2025: Grand View Research Inc.

 Household Hand Tools Market Growth & Trends

The global household hand tools market size is expected to reach USD 5.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. Increasing shift towards DIY (do-it-yourself) culture on account of increasing labor cost in the developed countries including U.S., Canada, and U.K. is estimated to play a significant role in augmenting the demand for household hand tools.

Consumers have increased the adoption of self-help approach, in order to make, modify, and repair at home. Moreover, with the advent of technology, manufacturers are able to manufacture easy and handy implements for domestic use in order to provide a better user interface experience to the consumers.

Availability of a wide range of multifunctional tools serving multiple customer needs is also anticipated to increase the demand for household hand tools in the coming years. In addition, due to the advent of technological advancement, manufacturers are able to develop durable and string tools with the usage of different raw materials such as, iron, wood, black metal, and steel.

Manufacturers are focusing on developing pocket friendly and functional tools in order to fulfill maximum needs of the customers. For instance, in 2019, Bosch launched Bosch GSB 500 RE Kit, a power and hand tool kit, that provides a complete repair and modify tool kit for the household. These initiatives by the manufacturers are anticipated to increase the market demand in the coming future.

General hand tools are expected to expand at the fastest CAGR of 4.2% over the forecast period. With an aim to cater to minor maintenances and repairs in their own homes, single women are expected to drive the demand for the segment. Moreover, growing popularity of household gardening as a part of hobby is expected to drive the product demand.

The online distribution channel is expected to register a CAGR of 4.2% over the forecast period. Expansion of e-commerce platforms and growing usage of smartphone in daily life are boosting the growth of the online channel. Companies like amazon.com, flipkart.com, Snapdeal, and indiamart.com are coming up with door-to-door delivery of products with online display of a wide range of products. Moreover, various discount offers provided by the online platforms are influencing the buying behavior of the customers.

Asia Pacific is expected to register the highest CAGR of 4.8% over the forecast period. The market growth is attributed to growing adoption of western culture, availability and access to component fixture and repair tutorials for domestic tasks, and significant adoption of DIY methods.

Request a free sample copy or view report summary: Household Hand Tools Market Report

Household Hand Tools Market Report Highlights

  • General tools accounted for the largest share of more than 30.0% in 2018
  • Retail channels led the household hand tools market and accounted for more than 50.0% share of the overall revenue in 2018
  • Asia Pacific is expected to register the fastest CAGR of 4.8% over the forecast period
  • Some of the key players operating in the global market are Stanley Black & Decker; Apex Tool Group; Great Wall Precision; Klein Tools; Wurth Group; PHOENIX; Channellock; Akar Tools; JPW Industries; JK Files; JETECH; Excelta; Sinotools; TTi; and Kennametal Inc.

Household Hand Tools Market Segmentation

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

Household Hand Tools Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Cutting
  • Measuring
  • Taps & Dies
  • General

Household Hand Tools Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Retail Channels
  • Online

Household Hand Tools Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

About Grand View Research

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

Baby Safety Products Market To Reap Over USD 132.2 Billion In Revenues By End Of 2025: Grand View Research Inc.

 The global baby safety products market size is anticipated to reach USD 132.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Rise in government initiatives regarding infant safety has been driving the global market.

In 2017, out of 3,600 Sudden Unexpected Death Syndrome (SUID) in U.S., 38% of the deaths were due to Sudden Infant Death Syndrome (SIDS), also known as crib or cot death. Centers for Disease Control and Prevention (CDC), launched an initiative named Protect the Ones You Love to raise awareness among parents about the causes of child injury, SIDS, and SUID and how they can be prevented. These factors have been contributing to the demand for baby safety products.

Baby safety products such as monitors, cribs, and strollers provide safety and comfort to the babies either while travelling or when the parents are not around. To keep these products safe for infants, the governments around the world have taken certain initiatives. For instance, in Europe, the United Nations Economic Commission of Europe (UNECE) Regulation No. 44 and Regulation No. 129 have set standards for child restraint systems and every baby car seat must meet these standards.

In 2018, the car seats segment held the largest share of 70.6%. Rising incidents of fatal car accidents is increasing the demand for baby car seats and is one of the prime factors accountable for the large market share. For instance, in China, more than 18,500 children under the age of 14 die annually due to road accidents. To control the number of accidents, manufacturers in China are coming up with new products through online and offline stores. For instance, Alibaba.com offers more than 32,000 baby car seat products.

The offline distribution channel held the largest share of over 70.0% in 2018. The online distribution channel is anticipated to expand at the fastest CAGR of 5.3% from 2019 to 2025. Product comparison feature, detailed product overview, and easy exchange and refund options are making customers comfortable with shopping online.

Asia Pacific is expected to expand at the fastest CAGR of 5.8% from 2019 to 2025. The market in this region is primarily driven by an increase in birth rate and number of working mothers in countries such as China and India. According to EPRA International Journal of Economic and Business Review, the female labor participation rate has increased by 4.1% over the last three decades.

Rise in the number of new births in this region and large population are the major factors contributing to the baby safety products market growth in this region. For instance, according to The National Health and Family Planning Commission (NHFPC), the average number of new births in China each year is estimated to be 17 million to 20 million from 2016 to 2020.

The companies are coming up with new products to cater to consumer needs. For instance, Silver Cross Jet Ultra Compact Stroller folds down to a small size and is ultra lightweight. The industry is dominated by leading players such as Britax Child Safety, Chicco, Dorel Industries, Baby Cache, Baby’s Dream Furniture, Baby Jogger, Baby Trend, Combi, Cosatto, Graco, and Land of Nod.

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

Further key findings from the report suggest:

  • Offline distribution channel held the largest baby safety products market share of more than 70.0% in 2018
  • The online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025 due to features such as product comparison, detailed product overview, and easy exchange and refund options
  • By product type, the monitors segment is anticipated to expand at the highest CAGR of 6.6% from 2019 to 2025
  • Asia Pacific is expected to witness the fastest growth over the forecast period due to increase in birth rate and number of working mothers in countries such as China and India, along with growing awareness about infant safety.

Grand View Research has segmented the global baby safety products market on the basis of product type, distribution channel, and region:

Baby Safety Products Type Outlook (Revenue, USD Billion, 2015 - 2025)

  • Car Seat
  • Monitors
  • Strollers
  • Others

Baby Safety Products Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Offline
  • Online

Baby Safety Products Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

Wednesday, 21 October 2020

Atmospheric Water Generator Market is Projected to Boost $8.9 Billion by 2027

 

Atmospheric Water Generator Market Growth & Trends

The global atmospheric water generator market size is expected to reach USD 8.9 billion by 2027, expanding at a CAGR of 19.5%, according to a new report by Grand View Research, Inc. Increasing consumer demand for atmospheric water generator (AWG) in industrial and commercial applications is expected to drive the market.

Atmospheric Water Generator

Moreover, depleting freshwater reserves, particularly in Asia Pacific and Latin America region is anticipated to further propel market growth. Furthermore, various characteristics offered by AWGs such as high purity water output, and easy transport are expected to drive their demand in military applications over the forecast period.

Growing demand for AWGs to replace traditional supply units such as water pipelines, especially at industrial and commercial workplaces, is likely to open new avenues for the industry over the forecast period. However, high capital cost and energy consumption associated with the product are expected to hinder market growth.

The water output offered by AWGs primarily depends on the humidity and temperature of the surrounding environment, which affects the performance efficiency of the system. Product innovations to reduce the cost and improve its efficiency are expected to propel the AWG market over the forecast period.

Request a free sample copy or view report summary: Atmospheric Water Generator Market Report

Atmospheric Water Generator Market Report Highlights

  • Cooling condensation accounted for 98.9% revenue share in 2019 on account of its high output coupled with less complex mechanism when compared to wet desiccation technique
  • The residential application segment, in terms of revenue, is expected to witness a CAGR of 16.7% from 2020 to 2027 owing to rising disposable incomes coupled with product innovations is expected to drive the demand for AWGs in the segment
  • The product demand in Latin America, in terms of volume, is likely to witness a CAGR of 17.7% owing to depleting freshwater resources coupled with uneven geographical distribution of freshwater resources, and inadequate water supply infrastructure
  • The product demand in India is anticipated to reach USD 302.9 million by 2027 owing to the rapid industrial growth coupled with increasing construction and manufacturing activities in the country
  • In January 2020, Energy and Water Development Corp., (EAWD) sold its self-sufficient energy supply AWG system to a Mexican company engaged in manufacturing bottled water.

Atmospheric Water Generator Market Segmentation

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

AWG Product Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027)

  • Cooling Condensation
  • Wet Desiccation

AWG Application Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027)

  • Industrial
  • Commercial
  • Residential

AWG Regional Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
  • Europe
    • Germany
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • Middle East & Africa
    • UAE

List of Key Players of Atmospheric Water Generator (AWG) Market

  • Akvo Atmospheric Water Systems Pvt. Ltd.
  • Dew Point Manufacturing
  • Saisons Trade & Industry Private Limited
  • WaterMaker India Pvt. Ltd.
  • PlanetsWater
  • Water Technologies International, Inc. (WTII)
  • SkyWater Air Water Machines
  • Drinkable Air
  • Hendrx Water
  • Energy and Water Development Corp. (EAWC)
  • Atlantis Solar
  • GENAQ Technologies S.L.
  • Air2Water LLC
  • EcoloBlue, Inc.
  • Watergen

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.

Mixed Tocopherols Market Current And Future Industry Conditions by 2025: Grand View Research Inc.

 The Report Mixed Tocopherols Market Analysis By Product (Alpha Rich, Gamma Rich, Gamma-Delta Rich), By Application (Dietary Supplements, Cosmetics, Pharmaceuticals), And Segment Forecasts, 2018 - 2025

The global mixed tocopherols market is expected to reach USD 11.94billion by 2025, according to a new report by Grand View Research, Inc.Rising vitamin E demand in food and dietary supplements owing to rising health concerns is expected to plays a significant role in promoting the industry growth over the next few years. The global market is anticipated to observe sluggish growth at a CAGR of 2.4% from 2017 to 2025.

Mixed Tocopherols

Alpha rich tocopherols was the leading product segment and is anticipated to grow at a CAGR of 2.3%, by revenue, over the forecast period. The segment is expected to gain share over the forecast period owing to high demand in dietary supplements. Health benefits associated with vitamin E to treat deficiency and diseases such as lung, oral, colorectal and pancreatic cancer; polyps, and gastric are also anticipated to drive the mixed tocopherols market in pharmaceuticals over the forecast period.

Access Research Report of Mixed Tocopherols Market https://www.grandviewresearch.com/industry-analysis/mixed-tocopherols-industry

Further key findings from the reportsuggest:

  • The global mixed tocopherols demand was117.8 kilo tons in 2016 and is estimated to grow at a CAGR of 3.6% from 2017 to 2025
  • Mixed tocopherols demand in dietary supplements was 50.9 kilo tons in 2016 and is anticipated to witness moderate growth over the next eight years
  • Product demand in animal feed nutritionis anticipated to emerge as the fastest growing application segment, and generate revenues worth over USD 2 billion by 2025
  • Mixed tocopherolsindustry valuation in North America is projected to reach USD 3.60 billion by 2025 and is estimated to grow as a significant rate from 2017 to 2025
  • The U.S. gamma rich tocopherols demand is anticipated to emerge as the fastest growing market in North America and is expected to reach total volume of over 5.6 kilo tons by 2025
  • The industry in Europeis projected to witness moderate growth of 2.9% from 2017 to 2025 owing to the increased use of mixed tocopherols as antioxidants and feed additives
  • Asia Pacific was the dominant consumer in 2016. High rate of dietary supplements, animal feed, and pharmaceuticals manufacturing in key economies including China, Japan, and India is the major factor for industry penetration.
  • Key industry participants such asBASF, DSM, ADM,and Cargill dominated the global mixed tocopherol market over the next few years. The major players operating in the mixed tocopherol market comprise, BTSA, Vitae Naturals, Zhejiang Medicine Co., Ltd. (ZMC), COFCO Tech Bioengineering Co., Ltd., Eisai Food & Chemical Co., Ltd., and Vance Group Ltd.

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

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

  • Alpha Rich
  • Gamma Rich
  • Gamma-Delta Rich
  • Others

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

  • Dietary Supplements
  • Animal Feed Nutrition
  • Cosmetics
  • Pharmaceuticals
  • Food & Beverage Fortification

Regional Outlook (Volume, 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.

Graphene Market to Represent a Significant Expansion at 38.7% CAGR from 2020 to 2027: Grand View Research Inc.

 The global graphene market size is anticipated to reach USD 1.08 billion by 2027, exhibiting a revenue-based CAGR of 38.7% over the forecast period, according to a new report published by Grand View Research, Inc. Rise in awareness regarding superior characteristics of graphene, such as excellent electrical conductivity and heat resistance is expected to aid the growth.

Graphene

Rise in demand for consumer electronics in emerging economies in Asia Pacific, including China, India, and Thailand is expected to positively affect the market growth. Ability of bilayer graphene to open a band gap is expected to provide a huge growth potential for adoption in infrared and terahertz radiation detection, which is expected to fuel the demand for graphene.

The market has observed a rise in number start-ups solely focused on experimental research and product development for commercializing the use of graphene. Paragraf, a U.K.-based start-up is focusing on developing graphene-based sensors. The company is also investing in research activities to replace indium in electronic devices with graphene, which is expected to drive the market growth.

Although still in nascent stage of commercialization, the product is expected to exhibit a huge growth potential over the forecast period, owing to its wide range of applications including sensors, composites, energy storage, and RFID. Increasing investments in development of enhanced quality of oxide films and graphene nanoplatelets is anticipated to drive the graphene market growth.

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

Further key findings from the report suggest:

  • Graphene nanoplatelets dominated the market in 2019, accounting for 51.1% of the total revenue share and is estimated to witness substantial CAGR over the forecast period, owing to superior characteristics of the product including high strength and permeability
  • The demand from electronics sector is estimated to reach USD 391.7 million by 2027, on account of increasing product application in optoelectronics, communication, and defense electronics systems
  • North America accounted for the largest market share and is expected to expand at a revenue-based CAGR of 37.1% over the next eight years, attributed to advanced technological capability for electronics manufacturing
  • China is expected to emerge as a promising market for graphene over the forecast period on account of favorable government support to promote investments in manufacturing sector
  • The graphene market is highly concentrated, with majority of suppliers and manufacturers located in China. Key participants are focusing in developing strategic partnerships with end users and research institutes

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

Graphene Product Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • Graphene nanoplatelets
  • Graphene oxide
  • Others

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

  • Electronics
  • Composites
  • Energy
  • Others

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

  • North America
    • US.
  • Europe
    • Spain
    • UK.
  • Asia Pacific
    • China
    • India
  • Rest of the World

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.

Aramid Fiber Market to Raise at CAGR of 8.2% from 2020 to 2027: Grand View Research Inc.

 The global aramid fiber market size is expected to reach USD 6.8 billion by 2027, expanding at a revenue-based CAGR of 8.2% during the forecast period, according to a new report by Grand View Research, Inc. Superior properties such as strength and heat-resistance of aramid fiber has promoted its utilization in the production of body armor fabric.

Aramid Fiber

The growing need for security and protection measures across various industries such as mining, healthcare/medical, oil and gas, building and construction, and the military is projected to propel market growth. In addition, stringent regulations in developing economies related to occupational safety are likely to benefit market growth over the forecast period.

Aramids fibers are being increasingly used as an alternative to metal wire and organic fiber in structural composite applications in aerospace and marine sectors, and ropes for oil rigs in offshore locations. In addition, product benefits such as non-aggressive wear and tear on drums and discs and fade resistance is anticipated to propel its usage.

The manufacturing process involves the use of a number of high-cost chemicals, which elevates its production cost. In addition, huge capital investment in machinery and production process is anticipated to pose a threat to the growth of the aramid fiber market. However, the development of cost-beneficial production facilities is anticipated to benefit market growth.

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

Further key findings from the report suggest:

  • Para-aramid fiber accounted for a market share of 75.6% in 2019, owing to its properties such as excellent strength-to-weight ratio coupled with superior chemical resistance
  • The security and protection application segment dominated the market in 2019 and is estimated to generate revenue of USD 2.6 billion by 2027, owing to growing concern regarding the protection of personnel in military and industrial sectors
  • The market in Asia-Pacific is anticipated to exhibit a revenue-based CAGR of 9.1% from 2020 to 2027 on account of the growing need for security and protection measures across the military and defense and medical industry
  • The U.S. market is projected to witness strong growth over the forecast period and reach a market value of USD 1.4 billion in 2027 on account of increasing demand for personal protective equipment
  • China was the largest market in the Asia Pacific in 2018 on account of the expansion of automotive industries and increasing demand for personal protective equipment.

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

Aramid Fiber Product Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • Para-aramid
  • Meta-aramid

Aramid Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • Security & Protection
  • Frictional Materials
  • Rubber Reinforcement 
  • Optical Fibers
  • Tire Reinforcement 
  • Electrical Insulation 
  • Aerospace
  • Others

Aramid Fiber Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • The U.K.
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • 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.

Honey Powder Market Get Facts About Business Strategies During the Forecast Period

 The global honey powder market size is expected to reach USD 1.56 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.1% during the forecast period. Rising demand for low-calorie food ingredients with long shelf life is anticipated to drive the market.

Honey Powder

The bakery segment accounted for the largest market share in 2018, owing to honey powder being a natural sweetener and available at low cost. Moreover, honey is naturally a low-calorie food ingredient and contains many vitamins and minerals. This makes it a great substitute for white sugar. Increasing consumer preference for low-calorie foods to combat diseases like obesity, diabetes, and heart ailments is likely to boost the product demand.

Beauty products segment is anticipated to witness the fastest growth in terms of application of honey powder in near future. Honey in its raw form acts a natural skin cleanser and softener leaving the skin fresh and glowing. These properties are retained in honey powder used in the formulation of soaps, facial masks, and body lotions. Major manufacturers are focusing on various other benefits of honey that can boost the overall production and consumption of the product.

North America held the major market share in terms of revenue in 2018, due to increasing consumer preference for low calorie products. The region accounted for more than half of the global consumption of honey powder. The population in North America is increasingly becoming health conscious and shifting its preference to low-calorie food ingredients to curb obesity and heart ailments. Honey powder being a low-cost alternative to white sugar, has increased the regional demand. Asia Pacific, on the other hand, is expected to expand at a CAGR of 5.9% over the forecast period, due to growing awareness about the benefits of honey. Moreover, many developing countries like China and India are major producers of honey. Increase in production of honey is expected to augment the regional growth over the forecast period.

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

Further key findings from the report suggest:

  • In terms of revenue,beauty products application segment is projected to ascend at a CAGR of 5.0% over the forecast years
  • Bakery application held the leading market share in 2018, due to increasing use of honey powder in making cakes and pastries
  • United States is one of the major consumers of honey powder in the world and the region is projected to hold a significant market share in the forthcoming years
  • United States, Germany, and Japan were the major importers of the product. New Zealand, Argentina, China, and India topped the list of exporters in the global honey powder market

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

Honey Powder Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Bakery Products
  • Beauty Products
  • Others

Honey Powder 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.

Medical Fluoropolymers Market Predicted to Witness Steady Growth During the Forecast Period

  Medical Fluoropolymers Market Growth & Trends The global  medical fluoropolymers market  size is expected to reach USD 962.03 million ...