Monday, 9 November 2020

Impact of Existing and Emerging Textile Market Trends and Forecast by 2027: Grand View Research Inc.

 The global textile market size is anticipated to reach USD 1,350.2 billion by 2027, registering a CAGR of 4.3% over the forecast period, according to a new report published by Grand View Research, Inc. Rising disposable income, population, and urbanization in emerging economies such as India, China, and Mexico are projected to drive the market growth.

Textile

Rising awareness about personal protective equipment in the manufacturing sector owing to stringent regulations to ensure worker safety is expected to drive the demand for protective clothing. Furthermore, emergence of e-commerce portals which offer added advantages such as convenience, discounts, and free delivery services is expected to increase the consumption of apparel, subsequently driving the demand for textiles.

The rising application of smart textile products owing to the miniaturization of electronic components and the use of conductive materials is expected to drive the product demand. Furthermore, technological innovation in terms of the development of new upholstery products derived from coated fabrics and spider silk is expected to open new industry avenues over the forecast period.

The market is highly fragmented in light of high visibility of product forms in the fashion, industrial, and household application segments. Textile manufacturers focus on forming strategic partnerships with buyers for the development of tailored product forms, which has a positive impact on market growth.

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

Further key findings from the report suggest:

  • On the basis of raw material, cotton dominated the textile market with a value of USD 378.6 billion in 2019 owing to its properties such as high absorbency and strength
  • In terms of volume, polyester accounted for a share of 28.0% in 2019 and is expected to register a significant growth rate over the forecast period owing to properties such as excellent shrink resistance and high strength
  • Fashion and clothing emerged as the largest application segment with a value of USD 712.3 billion in 2019 owing to the rapid rise in consumer spending on apparels and clothing
  • Asia Pacific is expected to remain the largest market through the forecast period in light of increasing sales volume of clothing and apparel goods through e-commerce portals including eBay, Amazon, and Flipkart in China, Bangladesh, India, and Thailand
  • Demand for silk fabrics for household and fashion and clothing applications is considered to provide substantial scope for market growth in Europe over the forecast period
  • Textile manufacturing companies are expected to increase expenditure toward establishing strategic partnerships with e-commerce portals in order to expand their market share.

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

Textile Raw Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2016 - 2027)

  • Cotton
  • Chemical
  • Wool
  • Silk
  • Others

Textile Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2016 - 2027) 

  • Natural Fibers
  • Polyesters
  • Nylon
  • Others

Textile Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2016 - 2027)

  • Household
    • Bedding
    • Kitchen
    • Upholstery
    • Towel
    • Others
  • Technical
    • Construction
    • Transportation
    • Medical
    • Protective
    • Others
  • Fashion & Clothing
    • Apparel
    • Ties & Clothing Accessories
    • Handbags
    • Others
  • Others

Textile Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2016 - 2027)

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

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.

Wood Pellet Market to Surpass $18.22 Billion by 2027: Grand View Research Inc.

 The global wood pellets market size is expected to reach USD 18.22 billion by 2027, exhibiting a revenue-based CAGR of 9.4% during the forecast period, according to a new report by Grand View Research, Inc. Wood pellets can be used as an alternative for fossil fuels as they are eco-friendly, sustainable, and carbon neutral in nature. This factor is anticipated to drive the growth of the market.

Wood Pellet

Rising demand from the power generation industry is likely to drive the market over the forecast period. In addition, increasing awareness regarding the use of renewable energy sources for power generation coupled with the high combustion of wood pellet is likely to augment the demand for wood pellets over the forecast period.

Rising concerns regarding global warming and climate change coupled with rising oil prices are expected to boost the demand for renewable energy. In addition, the increased government spending on the utilization of renewable energy for power generation is likely to augment the demand for wood pellets over the forecast period.

The market is characterized by the presence of large-scale manufacturers catering the global demand. The demand for wood pellet is high in developed economies including U.K., Germany, Netherlands, Italy, and U.S. owing to their increasing application for electricity generation in coal-fired power plants and domestic heating.

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

Further key findings from the report suggest:

  • The power plants application segment is likely to register a CAGR of 7.4% in terms of revenue, over the forecast period
  • Residential heating application held the leading wood pellets market share of 46.1% in 2019 owing to simple pellet heating technology coupled with minimum operation and maintenance requirements
  • Commercial heating is expected to be fastest growing application segment exhibiting a CAGR of 11.8% by revenue owing to increasing use of wood pellets for the heating of federal or municipal buildings, office buildings, educational facilities, and other commercial buildings
  • Europe accounted for the market share of 85.9% in 2019, owing to the high consumption of the product in U.K., Italy, Germany, Denmark, Sweden, France, and Belgium
  • Key market players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby gaining greater market share

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

Wood Pellets Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Power Plants
  • Residential Heating
  • Commercial Heating
  • Combined Heat and Power (CHP)

Wood Pellets Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

About Grand View Research

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

Indonesia Crop Protection Chemicals Market Size, Industry Share And Growth Analysis For 2019-2025

 Indonesia Crop Protection Chemicals Market Growth & Trends

The Indonesia crop protection chemicals market size is projected to reach USD 1.2 billion by 2025, exhibiting a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness regarding the benefits of crop protection chemicals, such as improved productivity and faster yield along with the growth in commercial agriculture, is anticipated to fuel their demand over the forecast period.

Indonesia Crop Protection Chemicals Market

The embracement of modern farming techniques has further propelled the demand for crop protection chemicals, thereby creating an imbalance in the trade. This imbalance has also resulted in the price inflation of certain chemicals, which is affecting the overall Indonesian economy. The rise in the cost of pesticides, leading to an increase in the cost of agricultural output, has directly impacted the food prices. Thus, market participants are focusing on enhancing their supply chain and improving distribution to build long term contracts with farmers.

The fungicides industry of Indonesia is growing tremendously owing to an increase in the awareness regarding prevention and control of various fungal diseases. In terms of value, the use of fungicides has increased from 8% to 16% from 2008 to 2017 in line with the rising agricultural production. Cocoa is one of the major crops in Indonesia and planted on around 1.2 million hectares of land. The production of cocoa is greatly affected by fungal diseases like black pod thrust, frosty pod, and witches broom. Fungicides including flutolanil, triadimenol, and hexaconazole are majorly used to control these diseases.

Cereals and grains is the leading application segment in the market owing to the growing demand from the food & animal feed segments. Shrinking farmland and the growing demand for food crops, such as wheat, maize, rice, barley, and oats, are anticipated to boost the demand for agriculture chemicals. Rice and maize are the dominant end use segments of crop protection chemicals followed by barley.

Request a free sample copy or view report summary: Indonesia Crop Protection Chemicals Market Report

Indonesia Crop Protection Chemicals Market Report Highlights

  • Herbicides segment was the largest product segment with a market volume share of 57.6% in 2018. Staple crops in Indonesia are prone to the risk of weed infestation, which is expected to augment the utilization of herbicides over the coming years
  • The use of crop protection chemicals in the production of rice and maize is anticipated to grow at a CAGR of 6.0% and 6.2%, respectively, in terms of revenue, from 2019 to 2025 as these are the staple food crops in Indonesia
  • Palm is one of the major application segments in the Indonesian market for crop protection chemicals as the country is one of the major exporters globally. The segment accounted for a market volume share of 10.7% in 2018
  • Indonesia crop protection chemicals market in Papua & West Papua is anticipated to grow rapidly at a CAGR of 15.2%, in terms of volume, from 2019 to 2025 owing to rising demand from palm plantations
  • Key players operating in the market are BASF SE, Arysta Lifescience, UPL Limited, and Nufarm.

Indonesia Crop Protection Chemicals Market Segmentation

Grand View Research has segmented Indonesia crop protection chemicals market on the basis of product, application, and province.

Indonesia Crop Protection Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Herbicides
  • Fungicides
  • Insecticides
  • Others

Indonesia Crop Protection Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Fruits & Vegetables
  • Cereals
    • Maize
    • Rice
  • Cotton
  • Palm
  • Others

Indonesia Crop Protection Chemicals Province Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • East Java
  • Central Java
  • Nusa Tenggara Timur
  • Nusa Tenggara Barat
  • Papua & West Papua
  • Others

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.

Welding Equipment Market With Strong Application and Scope By 2025

 Welding Equipment Market Growth & Trends

The global welding equipment market size is expected to reach USD 18,170.0 million by 2025, registering a CAGR of 6.9% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. A notable rise in manufacturing and construction activities across the globe is expected to boost the growth of the market over the forecast period. Increasing adoption of automated solutions is a key trend observed in the market.

Welding Equipment

The growing demand for lightweight cars across the globe is expected to drive the demand for advanced products over the next six years. Introduction of new technologies in the market is expected to generate opportunities for market players. For instance, development of the friction stir welding technology for the automotive sector, which helps avoid toxic fumes and eliminates the use of solvents required for degreasing is further expected to drive the market growth.

The global rise in demand for oil and natural gas and an increase in exploration and production activities are expected to propel the growth of the market over the forecast period. The growing acceptance of advanced equipment, processes, and technologies among automakers are also likely to propel the growth of the market in the near future. Furthermore, the introduction of advanced and smarter automatic machines, which help companies minimizes their dependency on manual labor, is expected to further drive the welding equipment market in the near future.

Manufacturers are focusing on developing new technologies and related education and training content, which can improve safety, quality, and productivity of fusing processes across industries. For instance, in November 2018, Panasonic Industry Europe GmbH and DVS, a German welding industry association, announced collaboration to train operators of automatic equipment following industry guidelines. The training program helped the company to avoid a shortage of expert and experienced resources.

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

Welding Equipment Market Report Highlights

  • In terms of technology, the oxy-fuel segment is anticipated to witness remarkable growth over the forecast period. This growth can be attributed to its advantages such as its portable nature and low maintenance costs
  • In terms of equipment, the automatic segment is expected to emerge as the fastest-growing segment over the next six years. Notable developments in software, coupled with improved capabilities of robots to weld any kind of material, is expected to strengthen the growth prospects of the segment
  • The marine application segment is anticipated to register significant growth over the forecast period. The rise in international trade and commerce, coupled with the growing trend of luxury cruising, is expected to boost the growth prospects of the marine application segment over the forecast period
  • The Asia Pacific regional market is expected to retain its dominance in the market over the forecast period. The growth can be attributed to the developments observed in the automotive sector, a notable rise in industrial activities, and expanding construction and transportation industries
  • Prominent industry participants include Illinois Tool Works Inc., ACRO Automation Systems Inc., voestalpine Böhler Welding GmbH, Carl Cloos Schweisstechnik GmbH, Panasonic Industry Europe GmbH, Air Liquide, Daihen Corporation, and Coherent-ROFIN.

Welding Equipment Market Segmentation

Grand View Research has segmented the global welding equipment market on the basis of technology, equipment, end-use, and region:

Welding Equipment Technology Outlook (Revenue, USD Million, 2014 - 2025)

  • Arc Welding
  • Resistance Welding
  • Oxy-fuel Welding
  • Laser Beam Welding
  • Others

Welding Equipment Outlook (Revenue, USD Million, 2014 - 2025)

  • Automatic
  • Semi-Automatic
  • Manual

Welding Equipment End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • Aerospace
  • Automotive
  • Building & Construction
  • Energy
  • Oil & Gas
  • Marine
  • Others

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

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

Friday, 6 November 2020

Specialty Polyamides Market Size Projected to Rise Lucratively during 2019 to 2025

 The global specialty polyamides market size is expected to reach USD 3.54 billion by 2025, registering at a CAGR of 5.9% over the forecast period, according to a new study published by Grand View Research, Inc. Rising concerns regarding automotive fuel efficiency and favorable government regulations regarding the use of polyamides in automotive, textile, and consumer goods industries are expected to drive the growth.

Specialty Polyamides

The use of specialty polyamide in automotive industry is expected to increase due to the rising focus on green technologies and sustainability. Globalization, coupled with an increase in disposable income of consumers, is projected to drive the global automotive market, which is expected to augment demand for specialty polyamide. Moreover, high strength-to-weight ratio of specialty polyamide has made it popular in other transportation industries, such as aerospace and defense. It is majorly used in the components of military aircraft and helicopters to reduce their overall weight to a large extent.

Based on product segment, high temperature polyamide is anticipated to expand at a significant CAGR over the forecast period. Long chain specialty polyamides are traditionally used to produce monofilaments, which are further used in a broad range of high chemical resistance and good dimensional stability applications. Some of the key applications of long-chain specialty polyamides include fuel lines, cooler hoses, corrugated tubes, transmission oil, oil and gas transportation, sensors and solenoids, hand-held devices, and hydraulic applications.

Electrical and electronics application segment is projected to witness substantial growth during the forecast period. Polyamides are used in display technologies, home electronics, mobile electronics, smart devices, and electrical components. Electronic devices and assemblies are getting smaller and hence, dissipate high amounts of heat. In addition, the demand for thermally conductive plastics for household applications has risen sharply in recent years. This trend is expected to continue driving the demand for polyamide in electrical and electronics segment in the forthcoming years.

Specialty polyamide filled with electrically conductive materials provides resistance to Electrostatic Discharge (ESD), Electromagnetic Interference (EMI), and Radio-Frequency Interference (RFI) shielding in electronic equipment as well as for conveyor systems and trays used to manufacture semiconductor chips. Common fillers in this application include carbon powder, carbon fiber, stainless steel fiber, and nickel-coated carbon fiber. Other application areas include wiring and associated devices, batteries, switches, industrial connectors, and mobile parts.

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

Further key findings from the report suggest:

  • Asia Pacific held the largest market share in 2018 and is projected to expand at the fastest CAGR during the forecast period. India is the fastest growing country in the region on account of the growing automotive industry
  • Long chain specialty polyamides application segment is potentially fueling the market growth owing to rising demand from various end-use industries
  • Market players engage in various strategic initiatives to gain greater market share. For instance, in September 2019, BASF signed an agreement with Solvay to acquire its integrated polyamide business for USD 1.77 billion. The company will acquire non-European PA6.6 business of Solvay including 50% share of the company in Butachimie’s adipodinitrile (ADN) production as per the 2017 agreement

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

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

  • Long Chain Specialty Polyamide
  • High Temperature Specialty Polyamide
  • MXD6/PARA

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

  • Automotive & Transportation
  • Electrical & Electronics
  • Consumer Goods & Retail
  • Energy
  • Industrial Coatings
  • Others

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

  • North America
    • US.
  • Europe
    • Germany
    • France
    • Netherlands
    • Italy
    • Poland
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Hong Kong
    • Taiwan
    • Thailand
    • South Korea
  • 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.

Digital Mining Market to Exhibit Impressive Growth During 2019 – 2025: Grand View Research Inc.

 The global digital mining market size is expected to reach USD 20.0 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Growing adoption of automation platforms in mining exploration activities is projected to remain a key factor over the forecast period.

Digital Mining

The mining sector is witnessing a prominent growth owing to the increased penetration of digitization for activities including mineral exploration to downstream sales. Moreover, it assists in safety and health and reduces the environmental impact in the sector. Automation and robotics in this sector are likely to offer numerous opportunities owing to the growing replacement of human-controlled machinery with digital hardware enabled tools.

Komatsu is a leading mining and construction equipment provider and is also known for the development of new and innovative mining platforms. In September 2019, Komatsu announced a collaboration with BHP for its Pilbara operations in Western Australia. Under this deal, Komatsu will deploy 41 automated haul trucks at iron operations in Pilbara.

The non-ferrous metals segment is expected to register the highest CAGR of 13.6% from 2019 to 2025. Global demand for rechargeable batteries and electric vehicles is expected to drive the growth of the non-ferrous mining sector. In addition, this sector is also witnessing increased spending on digital solutions. For instance, Hindustan Zinc, a leading player in the zinc industry, has collaborated with Sandvik to boost its productivity through digitization of operations and activities.

Artificial intelligence, blockchain, and digital twin are some of the key technologies that are projected to attract new investments in the market. Recently, MineHub Technologies launched a new IBM blockchain-based platform to improve logistics and operational efficiency and reduce costs in the high value mineral supply chain.

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

Further key findings from the report suggest:

  • Automation and robotics technology held the largest market share of 43.3% in 2018. Efforts toward increasing productivity and need to ensure safety of workers are the key factors driving the growth of the segment
  • Other emerging technologies such as artificial intelligence, blockchain, and digital twin are likely to register a CAGR of 13.3% from 2019 to 2025. Rising R&D spending on these technologies is anticipated to remain a key factor driving the growth of these technologies
  • The iron and ferro alloys segment accounted for a market share of 35.2% in 2018. Rise in production of steel and related products and growing consumer demand result in an increase in digital investments in this segment
  • The precious metals segment is projected to register a CAGR of 12.3% from 2019 to 2025. Increasing spending by gold companies on digitization of exploration activities is driving the growth of this segment
  • Asia Pacific is projected to continue its dominance in the market and is anticipated to register a CAGR of 14.4% over the forecast period. The sheer size of the mining sector and the increasing adoption of digital technologies are the key factors driving the growth of the regional market
  • The key vendors in the market include Komatsu; Caterpillar; IBM; Rockwell Automation Inc.; GE; Siemens; Sandvik; and SAP. Major players in this market focus on collaborating with mining giants such as BHP, Rio Tinto, and Vale SA.

Grand View Research has segmented the global digital mining market on the basis of technology, application, and region:

Digital Mining Technology Outlook (Revenue, USD Million, 2014 - 2025)

  • Automation and robotics
  • Real time analytics
  • Cybersecurity
  • Others (AI, Blockchain etc.)

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

  • Iron & ferro alloys
  • Non-ferrous metals
  • Precious metals

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

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Russia
    • Turkey
  • Asia Pacific
    • China
    • Australia
    • India
    • Indonesia
  • Central and South America
    • Brazil
    • Chile
  • 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.

Weathering Steel Market Strong Application and Emerging Trends also Scope by 2025

 The global weathering steel market size is expected to reach USD 1.45 billion by 2025, exhibiting a CAGR of 5.6% during the forecast period, according to a new report published by Grand View Research, Inc. Increasing investments in infrastructure development projects, such as bridges and road connectivity are anticipated to augment the growth.

Weathering Steel

Weathering steel is used in facades and cladding systems for buildings and is also used in the construction of bridges as this steel can attain 120-year design life and incur low maintenance costs. Increasing global population and rapid urbanization are likely to drive the demand for buildings and vehicles, resulting in traffic congestion. This is anticipated to boost the demand for the road over bridges, which in turn is anticipated to drive the market growth in the forthcoming years.

The inclined growth of the weathering steel market in Europe is due to the rising demand for bridges, sculptures, and railway vehicles. Masts and structures for Overhead Line Equipment (OLE) are generally manufactured using mild steel rolled sections. Weathering steel is anticipated to witness a rise in demand from the region, with the ongoing electrification projects in the region, as the metal is used for replacing the mild steel to reduce costs and environmental pollution.

However, product penetration in high humid atmospheric conditions and in higher pollution areas is likely to limit the market growth over the forecast period. Conditions with corrosive industrial or chemical fumes creates hurdles in the development of protective oxide patina. Patina is a protective layer of rustic nature which protects the structure from corrosion, failure in patina formation results in the deterioration of the structure. Thus, atmospheric conditions of the location is likely to play a key role in driving the adoption of the product.

The market is consolidated in nature with the presence of established players, such as ArcelorMittal, HBIS Group, BlueScope Steel Limited, SSAB, JFE Steel Corporation, Nippon Steel Corporation, and Tata Steel. These players focusing on capacity expansion to meet the growing product demand from potential customers.

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

Further key findings from the report suggest:

  • Building and construction segment is anticipated to progress at a CAGR of 6.2% over the forecast period, in terms of revenue on account of the rapid urbanization and rising population
  • Art and architecture is the second fastest-growing segment with a CAGR of over 4.8% in terms of volume owing to the rising prominence of arts, such as sculptures and statues among others
  • Europe emerged as the leading regional segment with a market share of 54.3% in terms of volume in 2018, attributed to the ideal atmospheric conditions of the region which enables easy adoption of weathering steel
  • Asia Pacific was the second-largest regional market and held a revenue share of 18.9% in 2018, attributed to the need for expanding road connectivity and infrastructure
  • Key participants across the market are largely investing in capacity expansions meet the growing demand from construction

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

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

  • Building & construction
  • Transportation
  • Art & Architecture
  • Other applications

Weathering Steel Regional Outlook (Volume, Kilotons; 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

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, 5 November 2020

Caramel Ingredients Market Valuation to Reach USD 3.99 Billion by the end of 2025: Grand View Research Inc.

 Caramel Ingredients Market Growth & Trends

The global caramel ingredients market size is expected to reach USD 3.99 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.2% over the forecast period. Rising use of caramel in the food and beverages industry, particularly for bakery, confectionery, and beverage products, is the main factor driving the market. Changing consumer tastes, preferences, lifestyle, and incomes has played a key role in influencing F&B trends. Popularity of items such as salted caramel chocolates, caramel glazed muffins, and caramel lattes are driven by consumers and this poses as a lucrative opportunity for players.

Caramel Ingredients

On the basis of form, the market includes liquid, granular, and solid ingredients. Liquid ingredients held the largest share of just under 45.0% in 2018, fueled by extensive usage in the beverage industry for alcoholic and non-alcoholic drinks. Based on end use, the confectionery segment enjoys the dominant share and is expected to account for a share of over 35.0% by 2025. Widespread consumption of caramel chocolates and candy bars across the globe is a key factor driving segment growth. The beverages segment, on the other hand, is projected to register the fastest growth by the end of the forecast period, with most soda and cola companies using this ingredient in their products.

By application, the caramel ingredients market has been segmented into coloring, topping, flavoring, and others. While coloring emerged as the dominant segment in terms of revenue, the topping segment is anticipated to witness the strongest growth over the forecast period. An increasing number of bakeries, confectionery stores, and coffee shops have been using caramel drizzles and toppings on their menu items. For instance, McDonald’s Canada released a new fall-themed beverage and muffin in August 2019. The Caramel Pumpkin Spice Latte is a play on the conventional autumn favorite and is topped off with a smooth caramel pumpkin spice syrup. What makes the Caramel Apple Oat Muffin a crowd-favorite is a crunchy caramelized glaze on top.

There are several key players operating in the market, such as Cargill, Inc.; NestlĂ© S.A.; Mars Inc.; Kerry Group; Ferrero SpA; Sensient Technologies Corporation; Goetze’s Candy Company, Inc.; Frito-Lay; DDW The Color House; Sethness-Roquette Caramel Color; Bakels Worldwide; Alvin Caramel Colours; and Metarom. Players have been investing in various expansion strategies in order to gain a larger customer base and to strengthen their foothold in the global market. For instance, in September 2018, Metarom rolled out its plans to capitalize on the strong growth in South East Asian markets, beginning with setting up a new sales unit in Malaysia. The company also plans to establish an independent factory close to Kuala Lumpur, which will include an R&D food tech lab and a flavor creation lab.

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

Caramel Ingredients Market Report Highlights

  • The global caramel ingredientsmarket was valued at USD 2.5 billion in 2018 and is expected register a CAGR of 7.2% from 2019 to 2025
  • Based on form, granulated ingredients are expected to witness the fastest growth over the forecast period due to widespread application in the food industry as a topping and flavoring agent
  • By application, coloring generated the highest value of USD 953.5 million in 2018 owing to increased usage of caramelizing colors in products such as tea, lemonade, fruit-based beverages, and beer
  • On the basis of end use, the confectionery industry accounted for the largest share of 36.1% in 2018 due to the application of caramel ingredients in chocolates and candies. On the other hand, the beverage sector is expected to register the highest CAGR of 7.7% over the forecast period
  • The industry is highly competitive in nature with the main players being Cargill, Inc.; NestlĂ© S.A.; Mars Inc.; Kerry Group; Ferrero SpA; Sensient Technologies Corporation; Goetze’s Candy Company, Inc.; Frito-Lay; DDW The Color House; Sethness-Roquette Caramel Color; Bakels Worldwide; Alvin Caramel Colours; and Metarom.

Caramel Ingredients Market Segmentation

Grand View Research has segmented the global caramel ingredients market on the basis of form, application, end use, and region:

Caramel Ingredients Form Outlook (Revenue, USD Million, 2015 - 2025)

  • Solid
  • Granulated
  • Liquid

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

  • Coloring
  • Topping
  • Flavoring
  • Others

Caramel Ingredients End-use Outlook (Revenue, USD Million, 2015 - 2025)

  • Bakery
  • Confectionery
  • Ice Cream & Desserts
  • Beverages
  • Others

Caramel Ingredients Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • Switzerland
    • Belgium
  • Asia Pacific
    • India
    • China
  • Central and South America
    • Brazil
  • Middle East and 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.

Cold Chain Monitoring Market Growth in the Coming Years

 Cold Chain Monitoring Market Growth & Trends

The global cold chain monitoring market size is projected to reach USD 45.1 billion by 2025, registering a CAGR of 18.1% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for pharmaceutical products, processed food, and other temperature-sensitive products worldwide is driving the demand for cold chain monitoring solutions. Stringent regulations regarding the storage and shipment of pharmaceutical products coupled with the continued investments from government agencies as well as the private sector companies in rolling out cold storage warehouse networks are also expected to drive the market growth.

Cold Chain Monitoring Market

Continued urbanization in various parts of the world is driving the demand for processed food, frozen food items, and dairy products. However, dairy products and frozen food items happen to be perishable and require continuous temperature monitoring during transportation and storage to annul any possibilities of contamination and compromise with the quality. At this juncture, cold chain monitoring solutions can help cold chain service providers in ensuring that the products are stored at ideal temperatures. Modern cold chain monitoring solutions can deliver a myriad of benefits, such as safety, cost-efficiency, real-time tracking, and lower downtime. Advances in connected devices technologies, such as the Internet of Things (IoT) and Radio Frequency Identification (RFID), coupled with the growing popularity of intelligent sensors are particularly facilitating real-time temperature monitoring, thereby driving the growth of the market.

North America is estimated to continue dominating the global market over the forecast period leveraging its well-developed network of transportation & distribution systems, high technology adoption rate, and growing demand for processed food products. The U.S. is expected to continue being the largest regional market within North America from 2019 to 2025. The U.S. is home to several cold chain monitoring solution providers and the demand for pharmaceutical and processed food products in the U.S. shows no signs of abating. On the other hand, Asia Pacific is expected to emerge as the fastest-growing regional cold chain monitoring market over the forecast period owing to the rising population, rapid industrialization, and the continued rollout of transportation and warehouse networks, particularly in emerging economies, such as India and China.

Request a free sample copy or view report summary: Cold Chain Monitoring Market Report

Cold Chain Monitoring Market Report Highlights

  • North America dominated the global market in 2018 and is expected to register a notable CAGR over the forecast period
  • The hardware segment is anticipated to hold the largest market share and the software segment is projected to register the highest CAGR over the forecast period
  • The telematics and telemetry devices segment is anticipated to exhibit the highest CAGR over the forecast period owing to the increasing adoption of telematics solutions in transportation for tracking and monitoring shipments
  • Emerging economies, such as India and China, are expected to drive the growth of the Asia Pacific regional market owing to the continued economic growth and increase in the trade of pharma and temperature-sensitive food products
  • Some of the prominent market players in the market include Orbcomm, Sensitech, Berlinger & Co., Monnit, and Controlant, among others.

Cold Chain Monitoring Market Segmentation

Grand View Research has segmented the cold chain monitoring market based on component, logistics, application, and region:

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

  • Hardware
    • RFID devices
    • Telematics & telemetry devices
    • Sensors & data loggers
    • Networking devices
  • Software
    • On-premise
    • Cloud-based

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

  • Storage
  • Transportation

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

  • Fruits & vegetables
  • Fruit pulp & concentrates
  • Dairy products
  • Fish, meat & seafood
  • Processed food
  • Pharmaceuticals
  • Bakery & confectionaries
  • Others

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

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

Nootropics Market Poised to Expand at a Robust Pace of USD 4.94 Billion Over 2025: Grand View Research Inc.

 The global nootropics market size is expected to reach USD 4.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 12.5% during the forecast period. Rising expenditure on wellness and healthcare is anticipated to fuel the growth. In addition, rising awareness regarding mental health among millennials in developing countries including China and India is expected to boost the demand for nootropics.

Nootropics

The memory enhancement application segment led the nootropics market in 2018 and it is expected to continue leading over the forecast period. Increasing consumption of smart drugs to gain a competitive advantage in academic performance is expected to positively influence the growth. Adrafinil, Noopept, Modafinil, Phosphatidylserine, and Phenylalanine Nootropics help improve memory. A significant part of the elderly population with mild Alzheimer’s disease is also prescribed with these medications. In 2018, around 46 million people were suffering from Alzheimer’s disease and dementia across the world. Finland, U.S., Canada, Iceland, and Sweden have the highest population of dementia patients. This factor is anticipated to drive the demand for nootropics.

Asia Pacific is expected to register the fastest CAGR in the upcoming years. Rapid growth of the academic, professional, and sports industries is anticipated to fuel the regional product demand. Rising prevalence of Alzheimer’s disease in the developing countries is expected to widen the scope of demand for nootropics in the forthcoming years.

Key competitors operating in the nootropics market include Accelerated Intelligence Inc.; AlternaScript; HVMN; Onnit Labs, Inc.; Peak Nootropics; Teva Pharmaceutical Industries; Purelife bioscience Co., Ltd.; United Pharmacies; SupNootropic bio co., Ltd.; and Powder City. Product innovation is one of the major business expansion strategies adopted by the market players. Growing demand for natural products is encouraging the manufacturers to invest more in R&D of natural nootropics and to expand their product portfolio.

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

Further key findings from the report suggest:

  • North America held the largest market share of more than 37% in terms of revenue in 2018
  • Asia Pacific is expected expand at the fastest CAGR of 18.8% from 2019 to 2025. Hectic lifestyle and fluctuating diet patterns among working population in developing countries is expected to promote the demand for of nootropics drugs
  • Memory enhancement application held the largest market share of over 30% in 2018, owing to increased consumption of these products among students
  • Online distribution channel is expected register the fastest CAGR of 14.2% from 2019 to 2025
  • Accelerated Intelligence Inc.; AlternaScript; HVMN; Onnit Labs, Inc.; Peak Nootropics; and Teva Pharmaceutical Industries are some the major players operating in the nootropics market

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

Nootropics Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Memory Enhancement
  • Mood & Depression
  • Attention & Focus
  • Longevity & Anti-aging
  • Sleep & Recovery
  • Anxiety

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

  • Offline
  • Online

Nootropics Region 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.

Body Dryer Market to Expand at a CAGR of 4.81% Through 2025: Grand View Research Inc.

 The global body dryer market size is expected to reach USD 4.23 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.81% during the forecast period. Rising awareness regarding personal hygiene and high demand for convenience products is expected to drive the growth. Rapid growth of the commercial sector is projected to further fuel the product demand. Rising purchasing power of consumers in developing countries such as China and India is also expected to positively influence the demand for body dryers.

Body Dryer

Rapid growth of wellness industry coupled with rising demand for premium hygiene products is expected to drive the market growth. Steady rise in working population along with increasing disposable income is expected positively influence the demand for body dryer. Sharing towels, especially at public and commercial places increases the risk of disease transmission. This factor is expected to fuel the product demand in near future. Rising demand from disabled and elderly people is expected to create growth opportunities for the market in near future. Rising standard of living and demand for smart washroom is expected to fuel the growth further.

Asia Pacific body dryer market is anticipated to witness the fastest CAGR over the forecast period, due to a rise in demand from hotels, spas, and wellness centers in the region. Increasing number of domestic manufacturers to cater to the rising demand for body dryer systems is expected to create growth opportunities for the regional market. Factors such as rising purchasing power of consumers and preference for premium products for personal hygiene are likely to further propel the regional growth.

Rising consumer awareness regarding the advantages of using body dryer is excepted to encourage innovation and new product launches. Major market players include Avant Innovations, Dolphy India Private Limited, Full Body Dryer LLC, Haystack Dryers, Kingkraft, Orchids International, Regal Care Shower Trays Ltd., Tornado Body Dryer, LLC, Valiryo, and AKW Medi-Care Ltd. Key players engage in product development, regional expansions, and joint ventures to gain greater market share. For instance, in 2018, Valiryo started its first joint venture in Germany to open up new markets and develop marketing and sales strategies.

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

Further key findings from the report suggest:

  • On floor product segment is projected to ascend at the fastest CAGR of 5.11% over the forecast period
  • Commercial application segment of the body dryer market held the leading revenue share of 86.33% in 2018
  • North America held the leading market share of 38.78% in terms of revenue and is projected to continue leading over the forecast period
  • Asia Pacific is expected to register the fastest CAGR over the forecast period, owing to increasing disposable income of the consumer in countries such as India, South Korea, China, and Japan

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

Body Dryer Product Outlook (Revenue, USD Million, 2015 - 2025)

  • On Floor
  • Wall Mounted 

Body Dryer Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Residential
  • Commercial

Body Dryer 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.

Expansion of Air Fryer Market During 2019 – 2025 to Gain Robust Traction: Grand View Research Inc.

 The global air fryer market size is anticipated to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a healthy CAGR of 7.0% over the forecast period i.e., from 2019 to 2025. Introduction of innovative products with improved designs is the key factor driving the growth of this market.

Air Fryer

Based on product type, digital air fryer segment held the largest market share in 2018 and will retain its dominant position throughout the forecast years. The segment is also estimated to register the fastest CAGR from 2019 to 2025 due to increasing demand for energy-efficient kitchen appliances. Moreover, availability of advanced products with features, such as touch screen panel, fast preheating, and temperature control knob, is expected to fuel the demand for digital air fryers.

Offline segment held leading market share in 2018. High product visibility and increasing number of retailer stores, such as Walmart, in developing countries including India and China, is main factor driving the growth of this segment. The online distribution channel segment is anticipated to expand at the fastest CAGR from 2019 to 2025. Rising popularity of e-commerce retailers, such as Amazon.com, is the key factor boosting the product sales through online channels.

Moreover, most of the prominent companies have their own websites, which also contributes to the segment growth. Europe was the leading region in 2018 and will retain its dominant position throughout the forecast years owing increasing health consciousness and resultant demand for air fryers. However, Asia Pacific is anticipated to expand at a fastest CAGR of 8.7% from 2019 to 2025.

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

Further key findings from the study suggest:

  • Europe is anticipated to be the largest regional market owing to high product demand as a result of rising health consciousness
  • The digital product segment is anticipated to expand at the fastest CAGR of 7.1% over the forecast period due to rising demand for energy-efficient digital products
  • Offline distribution channel was the leading segment in 2018 and will expand further due to rising number of retail stores, such as Walmart, across the globe
  • However, Asia Pacific is anticipated to register the maximum CAGR of 8.7% from 2019 to 2025. High awareness and demand for these products, especially in emerging countries like India and China
  • Key companies in the air fryer market are Koninklijke Philips N.V.; Cuisinart; SharkNinja Operating LLC; DASH (StoreBound LLC); Breville, Inc.; Havells India Ltd.; TTK Prestige Ltd.; KRUPS; and NuWave, LLC

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

Air Fryer Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Manual
  • Digital

Air Fryer Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Air Fryer Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

Electric Hair Clipper & Trimmer Market Latest Innovations, Drivers and Industry Key Events 2019 – 2025

 The global electric hair clipper & trimmer market size is anticipated to reach USD 6.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.5% over the forecast period. Launch of innovative products with improved design is a main factor driving demand for electric hair clipper & trimmer. For instance, in June 2019, Xiaomi MI launched a beard trimmer in India. Key features of the trimmer include stainless body, corded/cordless usage, improved battery, waterproof, and travel lock. The clipper is especially designed for the Indian market.

Electric Hair Clipper & Trimmer

Growing trend of beard is expected to fuel demand for electric clipper over the forecast period. Popularity of beard is steadily increasing as it makes men look stylish and sexy and appealing to the potential partner. Sales of razor has been decreasing steadily across the developed countries mainly because people in these countries either opt for full beard look or use electric trimmer. Moreover, consumers in these countries are shifting towards environment friendly products, thus minimizing use of disposable razor. For instance, according to the U.S. Environmental Protection Agency, America produced 2 billion disposable razors and blades. According to a study, in 2018, more than 160 million consumers in U.S. used disposable razors. Such factors are expected to fuel adoption of electric hair clipper over the forecast period.

Cordless products held a leading market share in 2018. These clippers are battery operated, more handy, and accessible to carry around. Cordless clipper is the best for people who love to travel and like to carry their hair styling routine with them. Launch of innovative products, coupled with improved battery life, is a main factor expected to fuel the demand for cordless electric clipper. For instance, in March 2016, Wahl introduced beard only trimmer to support growing facial hair trend. The product is especially designed for trimming beard and is equipped with powerful lithium ion battery.

The offline channel segment held a leading share of 87.3% in 2018. Rising presence of these retailers across the world will increase the product’s visibility and thus, in turn, is expected to have a positive impact on the growth of the market. The online segment is anticipated to expand at the fastest CAGR of 4.1% from 2019 to 2025. Increasing presence of e-commerce retailers in tier II and tier III cities, coupled with introduction of same day delivery services, is expected to boost the sales of these products through online channel. For instance, as of 2019, Amazon Retail India have presence in more than 100 cities and plans to expand in 60 tier II and tier III cities by the end of 2020. Most of the prominent companies also have their own sites, which contributes to the segment growth.

Asia Pacific held a leading market share in 2018. Increasing product visibility, coupled with growing trend of beard among young men, is a main factor expected to boost the demand for the electric trimmer over the forecast period. Middle East and Africa is anticipated to expand at the fastest CAGR of 3.7% from 2019 to 2025. Increasing spending on male grooming is a main factor expected to fuel the use of electric trimmer in the region.

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

Further key findings from the report suggest:

  • Asia Pacific held a leading share of 51.3% in 2018 due to growing penetration of technologically advanced products and increasing spending on male grooming
  • Cordless products are anticipated to witness the fastest growth from 2019 to 2025 due to introduction of products with improved battery life, coupled with improved ergonomics
  • Offline channel generated a revenue of USD 4.6 billion in 2018. Online channel is expected to register the highest CAGR of 4.1% over the forecast period due to increasing penetration of e-retailers such as Amazon and Walmart in tier II and tier III cities
  • The electric hair clipper & trimmer marketis highly competitive due to presence of prominent vendors including Koninklijke Philips N.V.; Wahl; Spectrum Brands, Inc.; Procter & Gamble; Panasonic Corporation; Conair Corporation; VEGA; Sunbeam Products, Inc.; and Havells India Ltd.

Grand View Research has segmented the global electric hair clipper & trimmer market by product, distribution channel, and region:

Electric Hair Clipper & Trimmer Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Corded
  • Cordless

Electric Hair Clipper & Trimmer Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Electric Hair Clipper & Trimmer Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

Wednesday, 4 November 2020

Baselayer Compression Shirts Market To Make Great Impact In Near Future by 2025

 The global baselayer compression shirts market size is expected to reach USD 507.2 million by 2025 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Rising popularity of various sports activities and awareness about following a healthy lifestyle are boosting the growth of this market. Rising demand for these products owing to their temperature control, compression, and moisture wicking properties is also likely to drive the market growth over the forecast period.

In addition, increased awareness about the availability of advanced products is supporting the market growth. Impact of social media and digital marketing will drive the market further. The female end-user segment is estimated to register the fastest CAGR of 5.3% from 2019 to 2025. Online channel of distribution is the fastest-growing segment. It is estimated to register a CAGR of 5.9% during the forecast period. The growth can be attributed to the high impact of digital media and marketing.

Rising number of internet and smartphones users, particularly in developing economies, such as China, India, and Brazil, will fuel the product sales through online platforms. Moreover, availability of a wide range of product at discounted prices will boost the segment growth. North America was the dominant regional market in 2018 and accounted for a share of more than 38%. In addition, popularity of sports championships, such as National Basketball Association, National Football Association, and National Hockey League, will augment the market growth in this region.

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

Further key findings from the study suggest:

  • In terms of revenue, the female end-user segment is projected to ascend at the fastest CAGR of 5.3% over the forecast years
  • Specialty stores distribution channel segment led the global baselayer compression shirts market in 2018 with an overall revenue share of more than 58%
  • North America is the dominant regional market. However, Asia Pacific is expected to register the maximum growth rate during the forecast years
  • Some of the key companies in this market are Nike, Inc.; Spanx, Inc.; Adidas AG; Leonisa SA; Ann Chery; 2XU Pty. Ltd.; Under Armour, Inc.; Zensah; Skins International Trading AG

Grand View Research has segmented the global baselayer compression shirts market on the basis of end user, distribution channel, and region:

Baselayer Compression Shirts End User Outlook (Revenue, USD Million, 2015 - 2025)

  • Male
  • Female

Baselayer Compression Shirts Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Hypermarket & Supermarket
  • Specialty Store
  • Online
  • Others

Baselayer Compression Shirts Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

Tuesday, 3 November 2020

Portable Toilet Rental Market to Reach Around USD 24.70 Billion by 2025

 The global portable toilet rental market size is expected to reach USD 24.70 billion by 2025 registering a CAGR of 7.30%, according to a new report by Grand View Research, Inc. Rising concerns about proper hygiene and sanitation in emerging region like Asia Pacific is the key factor driving the market growth. Moreover, rise in the demand for cost-effective and low-maintenance portable toilets on account of rapid urbanization and expanding construction sector in Asia Pacific will boost market growth.

Portable Toilet Rental Market

In addition, strict regulations and heavy investments by the governments across the globe to provide proper sanitary units is fueling the demand for portable toilets. Thus, increasing number of installations of portable toilets in public areas, such as parks and streets, is likely to augment the market growth. Asia Pacific is anticipated to be the largest as well as the fastest-growing regional market over the forecast period. Led by Germany and France, Europe is also estimated to witness a significant growth in future.

Major companies in the market have undertaken several strategies, such as product development, mergers and acquisitions, marketing campaigns, etc. to gain a higher market share. For instance, Sanitech acquired Rent-A-Toilet’s Namibian operations. Some of the prominent companies in the market include Sanitech; Satellite Industries; ADCO International; B&B Portable Toilets; Camco Manufacturing, Inc.; PolyJohn Enterprises Corp.; Shorelink International; NuConcepts, and ARMAL, Inc.

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

Further key findings from the study suggest:

  • The luxury portable toilets product segment is projected to ascend at the fastest CAGR of 8.41% over the forecast period
  • The construction application is estimated to be the largest segment accounting for a share of more than 55% by 2025
  • Asia Pacific was the dominant regional market in 2018 and is projected to expand further at the maximum growth rate from 2019 to 2025
  • The region’s growth can be attributed to the increasing disposable income levels in emerging countries, such as India, South Korea, and China

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

Portable Toilet Rental Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Standard
  • Luxury

Portable Toilet Rental Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Construction
  • Special Events
  • Recreational
  • Commercial

Portable Toilet Rental Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

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...