Bioplastics Market Latest Trends, Industry Growth And Forecast To 2027: Grand View Research Inc.

 Bioplastics Market Growth & Trends

The global bioplastics market size is expected to reach USD 26.0 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 16.1% over the forecast period. Increasing environmental concerns, favorable government initiatives, and rising consumer awareness about the sustainable and eco-friendly products are expected to drive the demand for bioplastics.

They are majorly utilized as an environmentally friendly alternative to conventionally produced plastics for use in various application segments including packaging, agriculture, consumer goods, textile, automotive & transportation, and building & construction. Thus, environmentally friendly properties of these products along with growing demand from flexible packaging applications are also estimated to drive the market growth.

According to European Bioplastics e.V global production capacity of bioplastics was 2.1 million kilotons in 2019, which is expected to reach 2.4 million kilotons by 2024. In terms of volume, non-biodegradable product segment accounted for the maximum share in 2019. It is anticipated to continue its dominance over the forecast years due to high demand for electronic equipment, automotive housings, and consumer goods, such as carry bags, films, and bottles.

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Bioplastics Market Report Highlights

• Key raw materials utilized in the production of bioplastics includes renewable biomass sources, such as vegetable fats and oils, straw, corn starch, woodchips, recycled food waste, sawdust, and various others
• In terms of volume, non-biodegradable product segment accounted for prominent share in the market in 2019 and is further expected to witness steady growth over the forecast period
• Packaging application segment dominated the global market in 2019 and accounted for more than 62% of the market revenue share
• Europe led the global market in 2019 and held more than 44% of the total share. The regional market will retain its dominant position throughout the forecast years

Bioplastics Market Segmentation

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

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

• Biodegradable
  • Polylactic Acid
  • Starch blends
  • Polybutylene Adipate Terephthalate (PBAT)
  • Polybutylene Succinate (PBS)
  • Others
• Non-biodegradable
  • Polyethylene
  • Polyethylene Terephthalate
  • Polyamide
  • Polytrimethylene Terephthalate
  • Others

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

• Packaging
• Agriculture
• Consumer goods
• Textile
• Automotive & Transportation
• Building & Construction
• Others

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

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

List of Key Players of Bioplastics Market

• Teijin Ltd.
• Toray Industries
• Toyota Tsusho
• M& G Chemicals
• PTT Global Chemical Public Company Ltd.
• Showa Denko K.K.
• NatureWorks LLC
• SABIC
• BASF SE
• Futerro SA
• E. I. du Pont de Nemours and Company
• Braskem
• Corbion N.V.
• Galactic
• Solvay SA

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.

Pea Starch Market Revenue Sales to Reach USD 80.8 Million by 2025: Grand View Research Inc.

 Pea Starch Market Growth & Trends

The global pea starch market size is expected to reach USD 80.8 million by 2025, expanding at a revenue-based CAGR of 5.8% over the forecast period, according to a new report published by Grand View Research, Inc. The growth is majorly driven by the rising demand from nutraceuticals industry coupled with growing consumer inclination toward non-GMO and gluten free diets.

Pea starch is mostly accessible as a by-product of protein extraction. As a result, it is considered to be an economical source of starch as opposed to wheat, potato, and corn starches. Furthermore, growing demand of pea starch from the sum of applicable industries and augmented manufacturing of pea is also anticipated to propel the market growth. However, rising occurrence of retrogradation effects of the functional characteristics of pea starch, may significantly hinder the market growth.

Pea starch is considered to be gluten free as well as non-GMO. It is different from other native starches as it has high amylose content. It can also form a gel in water at a much lower dosage than other variants. It is considered to be an ideal ingredient for food products that require less elastic texture for gums, meats, extruded cereals, coatings, and others.

On the basis of type, the market is segmented into food grade, feed grade, and industrial grade. The product has been progressively used in foods grade segment on account of its capability to supplement protein content in foods, which makes it best for soups and sauces, confectionery, noodles, pastas, meat bakery, and sea foods, among other applications. The market is strengthened as a thickening, texturing, and gelling agent in the production of bakery goods like dressings, cakes, and desserts on account of its encompassing gluten-free properties.

On the basis of application, the market is segmented into food and beverage, animal feed, paper, pharmaceuticals, and textiles segments. Food and beverage segment held a dominant market share of 39.19% in 2018. The product is widely used in food and beverage items, such as confectionary, pasta, dairy, snacks, bakery products, soups and sauces, potato products, poultry, meat, and fish, as a binding and thickening agent. Growing population along with rising demand for healthy food products with good taste and texture is a key factors positively influencing market growth.

Asia Pacific is anticipated to hold a significant market share over the upcoming years especially in the developing markets, such as India and China. Moreover, allergen-friendly food products are projected to enhance growth of the regional market in near future. Favorable regulations in China and India aimed at agricultural industry growth will result in sufficient raw material supply for pea starch producers during the forecast period.

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Pea Starch Market Report Highlights

• Food grade segment is likely to register a CAGR of 5.1% in terms of revenue, from 2019 to 2025. Food grade pea starch offers thickening, gelling, texturing, and binding properties that find application in the food processing industry
• The food and beverages end-use segment is expected to expand at a CAGR of 6.3% in terms of revenue, over the forecast period. Busy consumer lifestyle coupled with hectic schedules have led consumer to search for convenience and ready to eat meals
• Distribution agreements, product innovations, and strong marketing strategies are the key methods adopted by the market players to expand their competitive positions and visibility in the market
• Some of the major participants in the pea starch market are Cargill Inc.; Roquette; Emsland Group; American Key Products; Sanstar Bio-Polymers; Vestkorn; and Parrheim Foods

Pea Starch Market Segmentation

Grand View Research has segmented the global pea starch market report on the basis of type, function, end use, and region:

Pea Starch Type Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Feed
• Food
• Industrial

Pea Starch Function Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Binding & Thickening
• Gelling
• Texturizing
• Film Forming
• Others

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

• Food & Beverage
• Animal Feed
• Paper
• Pharmaceutical
• Textiles

Pea Starch Regional Outlook (Volume, 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
  • UAE

About Grand View Research

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

Air Cushion Packaging Market Significant Profits Estimated to be Generated by 2025

 The global air cushion packaging market size is projected to be valued at USD 4.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 7.0% over the forecast period. This growth in demand can be attributed to rising importance of high degree of protection of goods from harsh transit conditions and surfaces, along with offering flexibility in various other applications.

Air cushions are dual-material custom packaging solutions usually made up of polyethylene and filled with air. Consumer shift from using bubble wraps to air cushions for packing has been observed in recent years, majorly due to their sustainability and ease of use. Air pillows also take up less of space in warehouses, thus reducing storage cost and improving optimal usage of space.

Based on functionality, void filling is the dominant segment and is expected to witness strong growth over the forecast period. Air cushions are the optimal solution for closing up gaps between secondary and tertiary packaging. In addition, they offer flexibility to control the air pressure inside the packing depending on its application.

In terms of end-user application, the consumer electronics and appliances segment is anticipated to register a CAGR of 8.0% during the forecast period. Soaring online sales of consumer electronics through various e-commerce websites is the primary factor driving this segment. Electronics require high levels of protective packaging due to their fragility.

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

Further key findings from the report suggest:

• The global air cushion packaging market is anticipated to reach USD 4.4 billion by 2025, on account of increasing demand for protective packing solutions from vendors trying to minimize transit damage losses
• Void filling functionality is expected to be the fastest growing segment, which can be attributed to growing use of dual packaging solutions used by vendors to minimize cost of product delivery and lower the chances of returns from customers
• The beauty and personal care end-user segment held the dominant share in 2018 and will amount to USD 965.3 million in 2025. An increasing number of consumers have been purchasing personal care products online, which spurs the demand for effective packing solutions
• Asia Pacific emerged as the largest regional market. This growth can be attributed to increasing awareness among consumers toward environmental sustainability and adopting mechanisms and materials that cause minimal damage to the environment
• The vendor landscape is fragmented with the presence of numerous participants. Key players operating in the market include Pregis; Sealed Air Corp; 3G Packaging Inc.; Abriso NV; Atlantic Packaging; and Shandong Xinniu.

Grand View Research has segmented the global air cushion packaging market on the basis of functionality, end user, and region:

Air Cushion Packaging Functionality Outlook (Revenue, USD Million, 2014 - 2025)

• Void Filling
• Block & Bracing
• Wrapping
• Corner Protection

Air Cushion Packaging End-user Outlook (Revenue, USD Million, 2014 - 2025)

• Consumer Electronics & Appliances
• Home Décor & Furnishings
• Beauty & Personal Care
• Food & Beverages
• Pharmaceutical & Medical Devices
• Others

Air Cushion Packaging Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

About Grand View Research

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

Aluminum Foil Packaging Market Set to Witness an Uptick during 2019 to 2025: Grand View Research Inc.

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

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

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

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

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

Further key findings from the report suggest:

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

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

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

• Foil Wraps
• Pouches
• Blisters
• Containers
• Others

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

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

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

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

About Grand View Research

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

Diethylene Glycol Monobutyl Ether Market to Reflect Steadfast Expansion During 2019-2025

 The global diethylene glycol monobutyl ether market size is projected to reach USD 232.7 million by 2025, expanding at a revenue-based CAGR of 3.9%, according to a new report by Grand View Research, Inc. Increasing demand for the product in paints, coatings, inks, and cleaning agents is likely to augment market growth.

Diethylene glycol monobutyl ether can remove both water-insoluble greases and oils and water-soluble oils. This characteristic is expected to majorly drive the consumption of DEG monobutyl ether by companies engaged in formulating cleaning agents. Companies such as Procter and Gamble Company conducted several in-house tests based on the concentration of diethylene glycol monobutyl ether in hard surface cleaners and its subsequent effect on human health. As cited by the U.S. National Library of Medicine National Institutes of Health, the tests concluded that the exposure to DEG monobutyl ether within permissible levels at ambient room conditions is safe.

The product has substantial amount of consumption in paints, coatings, and inks manufacturing. It is broadly utilized as coalescent in formulating latex paints and paints for architectural applications. Latex paints dominate the paints industry followed by oil-based paints. Increased construction spending in emerging countries is expected to trigger the demand for paints and coatings in the building and construction sector, which in turn is expected to augment market growth.

Diethylene glycol monobutyl ether has limited evidence of severe human health hazard, however, it is observed that the ingestion of the chemical can cause severe health issues such as rapid heartbeat and breathing, low blood pressure, and muscle pain. Owing to these factors, multiple state laws have been stated for the disposal of the product. However, they are not stringent as the product can be recycled for reuse.

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

Further key findings from the report suggest:

• Cleaning agent application dominated the global market with a revenue share of 53.4% in 2018 owing to growing hygienic practices and high demand for industrial cleaners globally
• Paints, coatings, and inks application is anticipated to witness a CAGR of 4.3%, in terms of revenue, owing to rising demand for solvents in order to manufacture paints and coatings with low drying time
• Asia Pacific dominated the diethylene glycol monobutyl ether market with a volume share of 42.1% in 2018 owing to presence of large cleaning products and paints and coating manufacturing companies
• Europe is expected to exhibit a growth rate of 3.5%, in terms of volume, over the forecast period. According to the International Association for Soaps, Detergents and Maintenance Products (AISE), there are currently over 175 companies in Europe that formulate cleaners and detergents. This has paved way for high consumption of DEGBE in cleaners and detergents across the region
• Paints and coatings manufacturers prefer DEGBE as it is suitable for manufacturing ecofriendly and non-hazardous low volatile organic compound (VOC) emission paints       

Grand View Research has segmented the global diethylene glycol monobutyl ether market on the basis of application and region:

Diethylene Glycol Monobutyl Ether Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Paints, Coatings, & Inks
• Cleaning Agents
• Other Applications

Diethylene Glycol Monobutyl Ether Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

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

Point Of Purchase Packaging Market Trends, Growth Prospects To 2025

 The global point of purchase packaging market size is estimated to reach USD 16.2 billion by 2025, expanding at a CAGR of 5.6%, according to a new report by Grand View Research, Inc. Growing organized retail market in emerging economies is driving the Industry. Growing adoption of point of purchase packaging in organized retail stores, including Walmart, D-mart, and Tesco, is observed owing to implementation of structured marketing strategies at these stores.

The presence of multiple marketing channels such as television, digital, and newspaper advertisement as well as billboards are available. However, advertising does not convert a potential customer into a buyer instantly. Moreover, it incurs a hefty share of the marketing budget. On account of the aforementioned factors, marketers and retail owners are always in search of cost-effective marketing tools.

Small brands or small convenience store owners adopt point of purchase displays as the cost of these displays is much lower in comparison with traditional advertising model. In addition, POP display delivers marketing messages precisely with the product available in an attached POP packaging, when the consumer is engaged in the buying process. Point of purchase packaging also helps retail owners clear old stocks as these displays receive constant attention from customers.

Based on end use, the market is segmented into hypermarket, supermarket, specialty stores, departmental stores, and convenience stores. Hypermarket is a large size, self-service retail store, which combines the products that are sold in departmental stores and supermarkets. Fundamentally, it is a large-size retail facility including full lines of groceries and general merchandise.

A supermarket is a large-size, self-service retail store offering a wide variety of food and household merchandise that is organized into departments. It is larger than specialty and convenience stores and smaller than hypermarket. In the retail market, nearly 70% of buying decisions are made in the store. This indicates that the store environment majorly affects the buying process. As a result, brand and store owners focus extensively on product display.

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

Further key findings from the report suggest:

• In terms of revenue, the pallet display product segment is estimated to reach USD 4.4 billion by 2025 in the overall market for point of purchase packaging, growing at a CAGR of 5.1% from 2019 to 2025
• In terms of revenue, the convenience store end-use segment is expected to experience the highest growth rate over the forecast period, owing to low costs and increasing adoption of point of purchase packaging solutions
• The paper material segment is anticipated to exceed USD 9.9 billion by 2025, owing to increasing consumption of paper-based materials like paperboard in retail stores, globally
• Some of the key companies present in the point of purchase packaging market are International Paper, Menasha Packaging Company, LLC, Smurfit Kappa Display, DS Smith, Sonoco Products Company, and Georgia-Pacific LLC
• The Industry participants compete principally on the basis of product differentiation and services offered. While the small and medium-sized players have deployed competitive pricing and local availability as their key strategies, the large-sized players have capitalized on their global presence as well as have their complete control over the supply chain
• The key factors that separate major global players from the remaining competition include R&D capabilities, global presence, established brand reputation, and acquisitions of smaller enterprises.

Grand View Research has segmented the global point of purchase packaging market on the basis of product, material, end use, application, and region:

Point of Purchase Packaging Product Outlook (Revenue, USD Million, 2014 - 2025)

• Counter display
• Floor display
• Gravity free display
• Pallet display
• Side kick display
• Dump bin displays
• Clip Strip Displays

Point of Purchase Packaging Material Outlook (Revenue, USD Million, 2014 - 2025)

• Paper
• Foam
• Plastic
• Glass
• Metal

Point of Purchase Packaging End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hypermarket
• Supermarket
• Departmental stores
• Specialty stores
• Convenience Store

Point of Purchase Packaging Application Outlook (Revenue, USD Million, 2014 - 2025)

• Food & Beverages
• Personal care
• Pharmaceuticals
• Electronics
• Automotive
• Others

Point of Purchase Packaging Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

Sulfur Bentonite Market Pegged For Strong Growth During 2019-2025: Grand View Research Inc.

 Sulfur Bentonite Market Growth & Trends

The global sulfur bentonite market size is projected to reach USD 130.58 million by 2025, registering a CAGR of 5.6% over the forecast period, according to a new report published by Grand View Research, Inc. Growing deficiency of the sulfur in soil is expected to drive the consumption of sulfur bentonite in agriculture sector globally.

The market is mainly driven by increasing concerns regarding poor sulfur content in the soil. Sulfur produces chlorophyll in plants, which is essential for absorbing nutrients through the process of photosynthesis. It also accelerates biochemical reactions in plants through the activation of enzymes to boost their immunity. Bentonite is used as a binding agent during product manufacturing and acts as a dispersing agent after the addition of the fertilizer to the soil. It aids in soil improvement by refining physical properties, strong water and nutrient retention capacity, and by the absorption of toxic elements.

Oilseeds application led the Sulfur bentonite market with a volume share of 45.2% in 2018. The product helps the formation of sulfhydryl linkage in oil seeds, which is an important source of pungency in oils, hence improving the overall quantity and quality of the seeds produced. However, fruits and vegetables segment is anticipated to witness a lucrative CAGR of 5.1%, in terms of volume, over the forecast period.

The market value chain is characterized by the integration of players across diverse stages, majorly product manufacturers and end users, which results in the continuous supply of raw materials and lower cost of manufacturing. Companies such as Tiger-Sul, Montana Sulphur & Chemical Co., Coromandel International, and Devco Australia are integrated across the value chain. These companies manufacture various grades of sulfur bentonite fertilizer for global distribution.

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

Sulfur Bentonite Market Report Highlights

• Fruits and vegetables application accounted for a volume share of 21.9% in 2018 and is expected to witness the fastest growth over the forecast period
• Asia Pacific was the largest market for sulfur bentonite, accounting for 29.7% share, by revenue, in 2018. It is expected to expand at a CAGR of 6.2% from 2019 to 2025
• Major companies operating in the market continuously invest in R&D to improve the product quality. These companies have a strong foothold and better established and well recognized brands which make it difficult for the new players to compete in the market
• In 2017, Coromandel International Limited expanded its phosphoric acid production capacity by 300 tons per day and the capacity of other auxiliary facilities located at Sriharipuram to 9,900 tons per day

Sulfur Bentonite Market Segmentation

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

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

• Oilseeds
• Cereals and Crops
• Fruits and Vegetables
• Others

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

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Argentina
• Middle East and Africa

About Grand View Research

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

Buildtech Textiles Market Top Players, Segments, Cost Structure, Demand, Sales

 The global buildtech textiles market size is anticipated to reach USD 19.04 billion by 2025, expanding at a CAGR of 5.8% during the forecast period, according to a new report by Grand View Research, Inc. Rising awareness among builders regarding the use of sound-absorbing and heat insulation materials that are sustainable and durable is anticipated to drive the product demand.

Increasing investments in infrastructure and commercial construction are expected to fuel the product demand over the forecast period. The change in government regulations regarding reducing greenhouse gas emissions and promoting the development of energy-efficient and zero-energy buildings is projected to complement market growth.

Steady population growth, availability of skilled labor, and technological advancements in the emerging economies of China, India, and Brazil are other factors expected to drive the construction industry over the forecast period. The rise in construction activities is estimated to drive the demand for construction materials, including buildtech textiles, for providing protection against chemicals, UV rays, and heat.

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

Further key findings from the report suggest:

• The application of buildtech textiles in the residential application in North America is estimated to witness a CAGR of 5.9%, in terms of revenue, from 2019 to 2025 owing to the rising population, urbanization, and increased immigration rate in the region
• The woven buildtech textiles is estimated to reach USD 5.32 billion by 2025, on account of the product’s attributes including high strength and high strength to weight ratio along with low cost
• The synthetic buildtech textiles are estimated to witness a CAGR of 5.6%, in terms of revenue, on account of superior performance characteristics of the product such as high stiffness and increased permeability of the fabrics
• Asia Pacific accounted for 38.2% of the global revenue share in 2018, owing to the growth of the construction industry in the developing economies of China and India coupled with rising demand for green buildings
• Major market players are focusing on expanding their geographic reach and increasing the company’s product portfolio, thereby obtaining a significant share in the buildtech textiles market

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

Buildtech Textiles Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Natural
• Synthetic
  • HDPE
  • PET
  • Nylon
  • Polyethylene
  • Polypropylene
  • Others

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

• Woven
• Non-woven
• Knitted
• Others

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

• Residential
• Non-residential

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

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

High Performance Fibers Market Industry Outlook & Future Forecast Report Till 2025

 The global high performance fibers market size is expected to reach USD 25.4 billion by 2025, expanding at a revenue-based CAGR of 11.0%, according to a new report by Grand View Research, Inc. Increased strength to weigh ratio coupled with superior rigidity offered by such fibers to the components in the aerospace and automotive industries is projected to drive the market.

Growth in the use of such products to increase fuel efficiency and aerodynamics of an aircraft is encouraging the manufacturers to replace traditional metal alloys with composite materials in the manufacturing of primary and secondary parts of an aircraft. In addition, the incorporation of these fibers in aerospace components offer excellent flexibility and damage resistance is expected to drive growth.

Strong regulations imposed by the various government bodies to reduce CO2 emissions is also expected to emerge as one of the driving factors for the growth of lightweight materials in the aerospace and automotive applications. These regulations are forcing OEMs to seek for alternatives to reduce the emissions and increase the fuel efficiency.

The industry is characterized by the presence of multiple raw material suppliers such as BASF and Dow that provide quality feedstock for the production of such high performance fibers. However, high volatility in the price for feedstock used in the manufacture of such products is expected to restrain the production, which in turn, is expected to limit the industry growth.

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

Further key findings from the report suggest:

• Aramid was recorded to be the largest product segment in 2018 and is estimated to generate revenue over USD 5.7 billion by 2025 owing to high demand in security applications due to superior product properties such as high strength, thermal, and chemical resistance
• The global demand in aerospace and defense application was over USD 5.2 billion in 2018 and is anticipated to witness the highest growth over the forecast period owing to rapid penetration in manufacturing of aerospace components
• The industry in Asia Pacific is projected to witness substantial growth at a revenue-based CAGR of 11.3% over the coming years, primarily due to the growing infrastructure development and construction activities in the region
• The demand for such product in China is expected to generate a revenue of USD 4.4 billion by 2025 on account of high penetration in the application industries coupled with the increasing substitution of the conventional materials
• Key industry players are involved in intensive R&D aimed at the production of advanced grade products in a bid to increase the high performance fiber market share.

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

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

• Carbon Fiber
• Polybenzimidazole (PBI)
• Aramid Fiber
• M5/PIPD
• Polybenzoxazole (PBO)
• Glass Fiber
• High Strength Polyethylene
• Others

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

• Electronics & Telecommunication
• Textile
• Aerospace & Defense
• Construction & Building
• Automotive
• Sporting Goods
• Others

High Performance Fibers Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

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

Food Dehydrators Market to Reflect Impressive Expansion During 2019 to 2025: Grand View Research Inc.

 The global food dehydrators market size is anticipated to reach USD 3.02 billion by 2025, expanding at a 6.89% CAGR over the forecast period, according to a new report by Grand View Research, Inc. Growing demand for food products with a long shelf life is expected to boost the market. In addition, rising demand for food dehydrators to reduce food wastage is expected to fuel the growth.

Rising efforts to reduce food wastage through food dehydration in commercial and industrial applications are expected to drive market growth. In addition, the increasing use of commercial food dehydrators owing to the growing awareness pertaining to the benefits associated with food dehydrators is likely to drive the demand.

The demand for electrical food dehydrators is expected to dominate the market in 2018 owing to the increasing use in commercial and industrial applications. Increased efficiency achieved through electrical food dehydrators is likely to drive the market growth over the next seven years.

Food dehydrators are used for preserving food items by removing the moisture content from them, which in turn limits bacterial growth, thereby, improving the shelf life of food and avoiding wastage. Food dehydrators also aid in cost savings as the excess food can be dehydrated and used at a later stage instead of disposing or throwing it away.

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

Further key findings from the report suggest:

• Industrial end use segment is expected to dominate the food dehydrators market by 2025, owing to significant growth of processed food industries especially in emerging economies including India and China
• Electricity energy source segment held the largest market share in 2018 and is anticipated to register a significant CAGR over the next seven years owing to low cost when compared to solar-powered food dehydrators
• Europe is anticipated to reach USD 1.07 billion by 2025. Increasing disposable income contributes to increasing demand for packed foods with longer shelf life which will eventually boost the regional growth
• The market is dominated by numerous players including Tribest Corporation; Koolatron Corporation; Excalibur Dehydrator; National Presto Industries, Inc.; Lem Products Holding LLC; and Hamilton Beach Brands, Inc.

Grand View Research has segmented the global food dehydrators market on the basis of technology, end use, energy source, and region:

Food Dehydrators Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Vertical Airflow
• Horizontal Airflow

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

• Residential
• Commercial
• Industrial
• Others

Food Dehydrators Energy Source Outlook (Revenue, USD Million, 2014 - 2025)

• Electricity
• Biofuel
• Solar
• Others

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

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

About Grand View Research

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

Ultra-Thin Glass Market Will Target Emerging Markets by 2025: Grand View Research Inc.

 Ultra-Thin Glass Market Growth & Trends

The global ultra-thin glass market size is anticipated to reach USD 27.74 billion by 2025, expanding at a CAGR 10.1% over the forecast period, according to a new report by Grand View Research, Inc. The demand for ultra-thin glass is increasing in semiconductors on account of superior characteristics such as light weight and optimum performance as compared to its counterparts.

In April 2019, Samsung Electronics announced investment of around USD 114.8 billion by 2030 in logic chips business. The ongoing investments in the semiconductor industry is likely to augment the product demand over the coming years.

Ultra-thin glass is gaining acknowledgement in solar industry for manufacturing of solar panels. Leoflex, an ultra-thin glass produced by AGC Inc. of thickness ranging from 0.85mm and 1.10mm is extensively used for solar panels. According to the International Renewable Energy Agency, the solar photovoltaic capacity installations increased by 24.4% from 2017 to 2018 and is expected to grow by 50% from 2019 to 2024. The rising capacity installations is likely to propel the demand for solar panels, which can positively impact on the demand for ultra-thin glass.

Asia Pacific was the largest segment for the market in 2018 on account of increasing government initiatives to propel the manufacturing sector in India and China. For instance, the USD 15.2 billion investment for production expansion announced by BOE Technology Group, a major display manufacturer in China, in March 2018 is expected to be majorly backed by the local government.

The market is highly consolidated and competitive in nature due to presence of multinational corporations. Also, manufacturing processes including down-draw and overflow are both technology and capital-intensive. These factors are anticipated to create barriers for new entrants over the forecast period.

Request a free sample copy or view report summary: Ultra-Thin Glass Market Report

Ultra-Thin Glass Market Report Highlights

• Semiconductor segment is anticipated to register a CAGR of 10.3% in terms of volume, owing to increasing growth prospects in emerging technologies like autonomous driving and internet of things over the coming years.
• Asia Pacific is the fastest growing segment with a CAGR of 11.1% in terms of revenue due to presence of more than half of the global semiconductor and flat panel display fabrication plants in the region.
• North America is anticipated to witness a CAGR of 8.2%, in terms of volume, owing to increasing preference towards thinner automotive glazing in the region. In 2016, Saint-Gobain & Corning announced establishing a joint venture, which will manufacture automotive glazing solutions using ultra-thin glass.
• In June 2019, Pulp Studio, a glass manufacturer launched a new product named DermaGlass, a lightweight and durable ultra-thin glass with a thickness of 1.3mm. It is damage resistant and is used in exteriors, facades, and interior applications.

Ultra-Thin Glass Market Segmentation

Grand View Research has segmented the global ultra-thin glass market on the basis of application and region:

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

• Flat panel displays
• Semiconductors
• Automotive glazing
• Others

Regional Outlook (Revenue, USD Million; Volume, Million Square Meters; 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
• Asia Pacific
  • China
  • India
  • 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.

Specialty Printing Consumables Market to Surpass USD 50.25 Billion By 2025

 The global specialty printing consumables market size is expected to reach USD 50.25 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. Growing preference for inkjet printers for large-scale publishing along with changing trends in packaging industry is likely to create robust demand in the market.

With upgrading cotemporary fashion trends across regions, the demand for printed fabrics is on the rise. Fashions brands such as H&M and Forever 21 along with ethnic brands such as Chumbak and Global Desi have augmented the demand for varied printed fabrics to manufacture its diverse range of clothing, thus driving growth of the specialty printing consumable market.

Rise in packaging application or industries such as food and beverages and restaurants is a major factor augmenting the growth. Availability of advanced printing technologies such as hybrid printing, nano-scale printing, micro dispensing, and 3D printing used in industries such as printed electronics, packaging, publishing, decorative designing, and automotive have attributed to the market growth. For instance, Hubergroup launched globally compliant folding carton food packaging printing ink in January 2019. Hubergroup reinvented its MGA NATURA series with a single ink that complies with all the Food and Drug Administration (FDA) standards and EC Regulations to flourish in the Europe and North America markets.

Specialty substrate is anticipated to witness the fastest CAGR of 4.5% over the forecast period. These substrates include vinyl, metallic, and fluorescents which could produce high-quality prints. The demand for such substrates is growing sharply as the high-speed; production inkjet market continues to evolve. For instance, the new Canon inkjet printers with Wi-Fi technology use such specialty substrates to produce fine-quality, colored image prints and are projected to witness high-demand in the printing market.

The commercial end user segment is expected to witness growth due to the growing need for large scale printing in sectors such as textiles, healthcare, and media, among others. For instance, with advancement of healthcare sector, more than 20 different implants ranging from cranial implants to hip, knee, and spinal implants approved by the FDA are produced with various 3D printing (additive manufacturing) technologies.

In terms of market penetration, Asia Pacific is anticipated to witness the maximum CAGR of 4.9% over the forecast period owing to the growing fast-food industry in the region. Additionally, with the advent of 3D printing in sectors such as healthcare and construction in U.S., the demand for specialty substrates has increased rapidly. The market is expected to register growth, especially with new developments in construction technologies in this region. For instance, Sunconomy, a U.S. based construction company, have teamed up with Russian 3D printers Apis Cor to make 3D printed homes across U.S. This 3D printing machine consumes eight kilowatts of energy while constructing and as it involves additive manufacturing it produces little-to-no waste. The machine is designed to be portable in that it can be transported in the back of a truck to and from sites.

DIC Corporation; Canon Inc.; Xerox Corporation; HP; Eastman Kodak Co.; Flint Ink Inc.; Nazdar Ink Technologies; L.P.; Lexmark International Inc.; and Fuji Photo Film Company Limited are a few of the key market players.For instance, HP launched its first 3D printers in India namely HP Jet Fusion 540 (monochrome) and 580 (coloured) in January 2019 to expand its reach to different industries in the Indian market.

Access Research Report of Specialty Printing Consumables Market

Further key findings from the report suggest:

• In terms of regional revenue,North America is projected to have a value of USD 15.09 billion by 2025
• Toner held about 35.64% of the total market share in 2018, and is projected to exhibit a significant increase over the coming seven years
• APAC is the fastest growing region, dominating the global specialty printing consumables market during the forecast period with a CAGR of 4.9%. This trend is projected to continue over the forthcoming years
• Rise in the use of printing consumables in small offices and big corporates owing to heavy requirements on everyday basis has led to an increased demand for specialty printing consumables in countries such as U.K., Germany, and India
• The industry is highly competitive in nature. The major players include DIC Corporation; Canon Inc.; Xerox Corporation; HP; Eastman Kodak Co.; Flint Ink Inc.; Nazdar Ink Technologies; L.P.; Lexmark International Inc.; and Fuji Photo Film Company Limited

Grand View Research has segmented the global specialty printing consumables market on the basis of product, end user, and region:

Specialty Printing Consumables Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Toner
• Ink
• Specialty Substrates
• Chemicals

Specialty Printing Consumables End User Outlook (Revenue, USD Billion, 2015 - 2025)

• Corporates
• Commercial
• Educational Institutions

Specialty Printing Consumables Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

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.

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.

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.

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.