Thursday, 3 December 2020

Amines Market Is Expected To Gain Significant Traction Over The Forecast Period

 The global amines market is expected to reach USD 29.3 billion by 2025, according to a new report by Grand View Research, Inc. The fast-paced growth of the personal care industry across the globe acts as a prime factor driving market growth. In addition, the increasing application scope of the product in the water treatment and building & construction industries is projected to have positive impacts on the overall market growth over the forecast years.

The growing use of ethanol amines and its derivatives for the manufacture of a gamut range of emulsifiers, additives, chelating agents, and chemical intermediates for gas and water treatment is expected to drive demand for the product over the coming years. Ethanolamine accounted for the largest product segment on account of the high usage in skin and hair care products, including shampoos, cosmetics, conditioner, and serum.

Amines are increasingly being used for the manufacture of asphalt and concrete additives. The rapid growth of building & construction in key economies such as China, Germany, India, and the U.S., is slated to drive product demand over the forecast years.

The amines industry is expected to witness the fastest growth in the personal care application segment, slated to grow at a CAGR of 5.2% during the forecast period, in terms of revenue. The presence of highly integrated market players such as BASF SE, Dow Chemicals, Eastman Chemical, and PPG Industries, with extensive product portfolios and distribution networks across the globe, is expected to drive the overall industry demand over the forecast period.

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

Further key findings from the report suggest:

  • The amines market was valued at USD 14.4 billion in 2016 and is projected to grow at a significant growth rate during the forecast period, mainly on account of growing applications in several end-use verticals, including personal care, construction, mining, and metalworking.
  • The fatty amines product segment accounted for the second-largest share of the overall industry revenues in 2016. This segment is expected to grow at a CAGR of 8.6% during the forecast period, on account of increasing use of the product in the manufacture of corrosion inhibitors, flotation agents, and anti-cackling agents.
  • The product demand in crop protection was recorded to be the highest among all applications, and is expected to witness growth at nearly 8% over the forecast period, on account of growth of the agricultural sector in several emerging economies worldwide.
  • The Asia Pacific amines segment dominated the overall industry; valued at nearly USD 6.5 billion in 2016, and is expected to witness the highest growth during the forecast period, on account of rapid surge in demand for surfactants, personal care, and crop protection chemicals in emerging economies of the region.
  • The key strategies adopted by the industry players include distribution agreements, expansion of production capacity and acquisitions. For instance, BASF set up a production facility for the manufacture of specialty and ethanol amines in China.

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

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

  • Ethanolamine
  • Fatty Amines
  • Alkylamines
  • Others

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

  • Crop Protection
  • Surfactants
  • Water treatment
  • Personal care
  • Gas Treatment
  • Others

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

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

About Grand View Research

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

Automotive Film Market Poised for Robust Value CAGR of Over 12.0% Through 2021: Grand View Research Inc.

 The Report Automotive Film Market Analysis By Product (Tinting Films, Paint Protection Films, NVH Film Laminates, Wrap Films), By Application (Interior, Exterior), By Function (Protection, NVH), By Channel (OEM, Aftermarket), And Segment Forecasts, 2018 - 2021

The global automotive film market is expected to reach USD 10.13 billion by 2021, according to a new report by Grand View Research, Inc. The growing demand for automotive film in exterior and interior applications is expected to drive market growth.

The industry is expected to grow on account of the demand for films in for interior and exterior protection of the vehicle. The increasing demand for paint protection films and NVH films for the smooth functioning of the vehicle is expected to drive growth over the forecast period.

The industry growth is majorly driven by the rapid increase in the demand for automotive wraps to enhance the aesthetic value of the vehicles. Furthermore, reduction in the maintenance cost of vehicles owing to the protective characteristics offered by the wraps is expected to drive market growth.

Increasing purchasing power of consumers coupled with technological advancements, such as the advent of the bio-based polyester film is expected to fuel market growth. Growing consumer awareness regarding the benefits of these products along with the recovery of the automotive industry is anticipated to aid their consumption in the global market.

The cost benefit ratio is expected to drive demand owing to the ability of the product to sustain extreme conditions. Stringent regulations associated with thermoplastic urethane polymer, which serves as a major raw material in paint protection film manufacturing is expected to hamper market growth over the forecast period.

Access Research Report of Automotive Film Markethttps://www.grandviewresearch.com/industry-analysis/automotive-film-market

Further key findings from the report suggest:

  • Paint protection films are expected to grow at a CAGR of 5.4% from 2017 to 2021on account of increasing awareness among the consumers coupled with reducing price of the product across the regions
  • Interior application of the products accounted for USD 3.12 billion in 2016 on account of the growing demand for tinting films in developed economies. In addition, utilization of NVH laminates in vehicle doors is expected to aid application growth.
  • Protective Automotive film are expected to grow at a CAGR of 12.0% over the forecast period on account of the rapid growth in the demand for paint protection sheets installed with the intent to protect exterior auto-body paint from dust and scratches
  • Aftermarket accounted for majority of the share as compared to its counterpart as Automotive film including wrap, paint protection and tinting are predominantly installed through aftermarket channel owing to the low cost associated with the products
  • Asia Pacific is expected to witness the fastest growth in terms of revenue as growing demand for vehicles in developing economies including India & China has bolstered the demand for automotive wraps, paint protective products and NVH film laminates
  • The industry is fragmented with major players operating globally. 3M and Avery Dennison accounted for a significant share of the market owing to established business in the automotive industry.

Grand View Research has segmented the global automotive film market on the basis of product, application, function, channel and region:

Product Outlook (Volume in ‘000 Sq. Meters, Revenue, USD Million, 2011 - 2021)

  • Tinting Films
  • Paint Protection Films
  • NVH Film Laminates
  • Wrap Films

Application Outlook (Volume in ‘000 Sq. Meters, Revenue, USD Million, 2011 - 2021)

  • Interior
  • Exterior

Function Outlook (Volume in ‘000 Sq. Meters, Revenue, USD Million, 2011 - 2021)

  • Protection
  • NVH

Channel Outlook (Volume in ‘000 Sq. Meters, Revenue, USD Million, 2011 - 2021)

  • OEM
  • Aftermarket

Regional Outlook (Volume in ‘000 Sq. Meters, Revenue, USD Million, 2011 - 2021)

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

About Grand View Research

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

Automotive Plastic Fastener Market to Witness a Pronounce Growth During 2018 – 2021

 The global automotive plastic fasteners market is expected to reach USD 3.67 billion by 2021, according to a new report by Grand View Research, Inc. Increasing substitution of metal fasteners in automotive interiors owing to improved aesthetics and lightweight characteristics is expected to propel demand.

The plastic fasteners production is highly influenced by high production volumes of automotive vehicles across major economies of the world. The market is highly fragmented and competitive owing to various small-scale manufacturers concentrated in countries including Thailand, China, and Germany.

The industry rivalry is expected to be high owing to manufacturers of low switching cost of manufacturers from metal to plastic products. However, factors including low tensile strength of the fasteners in high stress applications is expected to impact the product demand.

Illinois Tool Works Incorporated (ITW), ARaymond and Alcoa, Inc. are the major manufacturers dominating the market. Profit margins of companies vary in the range of 15 to 20% owing to reduced manufacturing costs. The uncertainty in automotive production statistics coupled with raw materials price volatility are expected to be major barriers for new entrants in the market.

Further key findings from the report suggest:

  • The product demand in automotive interior application is expected to grow at a CAGR of 11.8% from 2017 to 2021, owing to their light weight, wide variety, and compatibility with the internal ambience of the vehicle. In addition, increasing product demand on account of their ability to resist water and dust ingress in car interiors, is expected to propel growth
  • The average price and weight of a plastic fastener is significantly lower than a metal fastener, which lowers the vehicle cost and improves the overall automobile efficiency. As a result, the product demand in passenger cars is expected to reach the revenue of USD 1.96 billion by 2021
  • The demand for plastic fasteners in Europe was valued at USD 461.5 billion in 2016 and is expected to grow at a CAGR of 7.7% from 2017 to 2021. The presence of a large number of automotive companies, including General Motors Company, Ford, Fiat, Toyota Motor Corporation, and AM General in the region is expected propel growth
  • Japan & South Korea have been a major market for the product accounting about 25% of the overall fasteners demand in Asia Pacific. However, both these regions witnessed a decline over the next two consecutive years in terms of production, which impacted the industry growth
  • The key fastener manufacturers across the globe include Illinois Tool Works Incorporated (ITW), ARaymond, Sundram Fasteners Limited, Precision Castparts Corporation and Alcoa, Inc.

Access Research Report of Automotive Plastic Fastener Market@ https://www.grandviewresearch.com/industry-analysis/automotive-plastic-fasteners-market

Grand View Research has segmented the global automotive plastic fasteners market on the basis of application, function, vehicle type and region:

Automotive Plastic Fastener Application Outlook (Volume, Billion Units; Revenue, USD Million, 2011 - 2021)

  • Interior
  • Exterior
  • Electronics
  • Wire harnessing
  • Chassis
  • Powertrain
  • Others

Automotive Plastic Fastener Function Outlook (Volume, Billion Units; Revenue, USD Million, 2011 - 2021)

  • Bonding
  • NVH

Automotive Plastic Fastener Vehicle Type Outlook (Volume, Billion Units; Revenue, USD Million, 2011 - 2021)

  • Passenger cars
  • Light commercial vehicles

Automotive Plastic Fastener Regional Outlook (Volume, Billion Units; Revenue, USD Million, 2011 - 2021)

  • North America
    • US.
  • Europe
  • Asia Pacific
    • China
    • India
    • Japan & Korea
  • Rest of the World

About Grand View Research

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

Automotive Lubricants Market to Reflect Robust Expansion During the Forecast Period

 The Report Automotive Lubricants Market Analysis By Product (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Coolants and Greases), Competitive Insights, Strategic Framework, And Segment Forecasts, 2018 - 2025

The global automotive lubricants market is expected to reach USD 87.1 billion by 2025, according to a new report by Grand View Research, Inc. High engine oil demand in passenger cars, diesel trucks, and light-duty trucks is expected to drive global automotive lubricants industry growth over the forecast period. 

Automotive Lubricants

Rise in middle class, urbanization, and growing disposable income in developing countries have led to greater passenger car sales. On a parallel level, economic growth in these regions has promoted trade, leading to the growth of transportation sector. These factors combined have led to increased lubricants consumption.

Engine oil segment is the largest contributor to automotive lubricants market which was around USD 34 billion in 2016.  Engine oil is widely used in passenger cars, diesel trucks, and light-duty trucks. They help to maintain the viscosity, ensure dependability and reduce engine wear. Increasing drain intervals and formulation of high performance oils to impact their consumption, thereby growth.

Access Research Report of Automotive Lubricants Market http://www.grandviewresearch.com/industry-analysis/automotive-lubricants-market

Further key findings from the report suggest:

  • The global automotive lubricants market size was worth USD 57.2 billion in 2014 and is expected to grow at a CAGR of 3.7% from 2017 to 2025
  • Brake fluids accounted for over 12% of the overall volume in 2016, with the segment expected to be the fastest growing from 2017 to 2025
  • Bio-based lubricants are gaining acceptance due to their bio-based origin coupled with stable raw material prices and availability. Favorable government regulations for the usage of bio-based materials are further expected to influence the global industry growth positively
  • Asia Pacific is the largest consumer with the region characterized by high passenger car sales and a rapidly developing aftermarket. The region is expected to grow at a CAGR of 3.5% from 2017 to 2025
  • The U.S. is a highly matured region for the industry with its dynamics influenced by high level of product innovation, concentration of global majors, and a well-established regulatory framework
  • Grease is projected to register the highest price growth whereas coolants will witness slowest price growth during the forecast period. Availability of advanced coolants and standard production process are helping the prices to be maintained through the forecast period 
  • Major industry participants include ExxonMobil, Royal Dutch Shell, Total SA and British Petroleum among others

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

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

  • Engine Oil
  • Gear Oil
  • Transmission Fluids
  • Brake Fluids
  • Coolants
  • Greases

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

  • North America
  • Europe
  • Asia Pacific
  • Latin 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.

Wednesday, 2 December 2020

Photocatalyst Market is Expected to Hit at a CAGR of 11.5% in terms of Revenues by 2025: Grand View Research Inc.

 The global photocatalyst market is expected to reach USD 4.58 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for photocatalysts as a self-cleaning material in construction industry owing to their low maintenance cost is expected to propel growth.

At present, the industry is in its nascent stage, with few manufacturers. Japan is expected to lead the industry, owing to the early adoption of the technology. In addition, high investment in R&D pertaining to the product coupled with several patents by the Japanese researchers are key factors contributing to the high growth.

Photocatalyst

The industry was dominated by the TiO2 photocatalysts, owing to early research on this product. However, initiatives taken by the manufacturers to develop innovative photocatalysts materials using zinc oxide (ZnO), and cadmium sulfide (CdS) is likely to challenge the existing material and open new avenues for the industry growth over the projected period.

The product has the ability to decompose organic compounds, which makes them suitable for air purification and water treatment application. Furthermore, in building and construction, the technology through its self-cleaning mechanism acts as a barrier for dust and stains, which is expected to propel growth over the next eight years.

High initial investment in the commercial manufacturing of photocatalysts coupled with proprietary on the existing technology by the manufacturers and researchers are expected to be the key barriers for the new entrants. However, wide scope in R&D for innovative technology development is expected to compel new players to invest in the business.

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

Further key findings from the report suggest:

  • Titanium dioxide accounted for over 85% of the global demand as the compound is inexpensive, and has a high chemical stability on account of which it is a preferred material as a photocatalyst in several application industries
  • Self-cleaning application dominated the industry and is expected to be the fastest growing application, accounting for 51.9% of the overall demand in 2016 owing to its superior property including eliminating unwanted plants
  • The demand in Europe was valued at USD 400.8 Million in 2016 and is expected to witness significant growth over the projected period owing to economic recovery and growing building & construction industry in the region
  • Japan is projected to witness a growth of 9.2% over the forecast period with the industry growth primarily driven by self-cleaning owing to increasing technological advancements in the sector

Grand View Research has segmented the photocatalyst market on the basis of material, application, and region:

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

  • Titanium Dioxide
  • Zinc Oxide
  • Others

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

  • Self - Cleaning
  • Air Purification
  • Water Purification
  • Others

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

  • North America
    • US.
  • Europe
    • Germany
    • UK
  • Japan
  • Rest of Asia Pacific
    • China
    • India
  • Rest of World

About Grand View Research

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

Glue Laminated Timber Market to Expand with Significant CAGR During the Forecast Period

 The global glue laminated timber or glulam market is anticipated to reach USD 8.0 billion by 2025, according to a new report by Grand View Research, Inc. The global sustainability concerns along with the persistent energy crisis are among the major factors that are expected to propel market growth over the years to come. The transition from concrete- and steel-based construction to wood building materials is set to actuate demand from the market over the next eight years.

Significant attributes such as high insulation, promising thermal performance, as well as high chemical resistance, are projected to influence the market positively. In addition, the advantages such as low cost and ease of construction offered by glulam relative to other building materials have made it affordable for all consumer segments.

The demand for wood-based residential buildings, including single-family homes and multifamily apartments, is increasing due to their aesthetic appeal and design flexibility. Various benefits, such as improved fire resistance and durability, of the product are expected to augment market growth over the forecast period.

Residential and commercial segments are expected to collectively account for around 80% of the global market revenue by 2025. The growing demand from these segments is attributed to the low cost of construction and easy maintenance of glue laminated timber. Innovations in building and design technologies are projected to boost the demand for glulam products over the forecast period.

Asia Pacific is likely to emerge as the leading region owing to the growing popularity of glue laminate as a building material, along with various government regulations. Growing number of manufacturers of the product in North America and growing research & development for technological advancements are expected to propel the market. Easy availability of timber in forests of Central European countries and the presence of advanced timber processing industries are the prime factors responsible for market growth in Europe. Countries like Canada, the U.S., Italy, Japan, Australia, and China are rapidly developing markets for glue laminated timber.

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

Further key findings from the report suggest:

  • The market is likely to register a CAGR of 5.9% in terms of value from 2017 to 2025 on account of growing concerns regarding environmental degradation as well as increasing awareness among consumers. The residential segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to the expanding application scope in the sector for glulam due to its aesthetic appeal.
  • Europe was valued at USD 2.13 billion in 2016 and is expected to witness significant consumption in the future, aided by the presence of Italy and Germany as major markets for glulam
  • Key market players include Boise Cascade Co.; Calvert Company, Inc.; Pfeifer Holz GmbH; Setra Group AB; Canfor Corporation; Schilliger Holz AG.; Structurlam; Mayr-Melnhof Holz Holding AG; Binderholz GmbH; B & K Structures; Eugen Decker Holzindustrie KG; and Meiken Lamwood Corp. The companies mainly focus on extensive innovation and increasing their production capacities to meet the global demand.

Grand View Research has segmented the glue laminated timber market on the basis of application and region:

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

  • Residential
  • Commercial
  • Others

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

  • North America
  • Europe
  • Asia Pacific
  • South & Central America
  • The 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.

Automotive Glazing Market to Grow at CAGR of 4.2% through 2025

 The global automotive glazing market size is expected to reach USD 33.02 billion by 2025, expanding at a CAGR of 4.2%, according to a new report by Grand View Research, Inc. Rising demand for advanced passenger protection in automobile owing to rising road fatalities is expected to propel growth for glazing systems.

Automotive production volume is the primary factor influencing the industry trends. Growing acceptance of lightweight components in cars contributing to improved fuel efficiency is expected to propel industry growth. Innovations in the glazing technology by industry players to offer high impact bearing materials with attractive colors and designs is likely to drive demand.

Automotive Glazing

Nippon Sheet Glass Company Limited (NSG), Asahi, Saint Gobain S.A. and Fuyao Glass Industry Group Co., Ltd. together dominated the industry in 2016 accounting over 70% of the overall demand. The new entrants are likely to face a threat from these giants owing to their large production capacities, well-established consumer base, and the broad geographical reach.

Glass has been dominating the industry and accounted for a share of over 95% of the overall consumption in 2016. However, rising inclination of automotive manufacturers to replace the glass with lightweight polycarbonate materials is expected to hamper its share. As a result, the industry players are likely to invest in plastic glazing technologies to meet the rising product demand.

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

Further key findings from the report suggest:

  • The product penetration is anticipated to be the highest for passenger cars owing to growing production volumes as compared to its counterparts coupled with high demand for lightweight vehicles with panoramic roofs and better aesthetics
  • The demand in Europe was valued at USD 7.08 billion in 2016, which is attributed to the presence major car manufacturers in the region including Volkswagen, Fiat, and Daimler AG in the region
  • The polycarbonate demand in the industry was USD 1.42 billion in 2016 and is likely to grow at a CAGR of 12.8% from 2017 to 2025, on account of its high impact resistance, thermal strength, and ease in designing as compared to its counterparts
  • India is expected to be the fastest growing automotive glazing market in Asia Pacific growing at a CAGR of 7.7% from 2017 to 2025, owing to high investments in the automotive manufacturing sector by international players
  • Regional expansion and product innovation to meet the standards required in innovative car designs are the key strategies undertaken by the manufacturers to strengthen their foothold in the industry

Grand View Research has segmented the global automotive glazing market on the basis of product, application, end-use and region:

Automotive Glazing Product Outlook (Volume, Million Meter Square; Revenue, USD Million, 2014 - 2025)

  • Tempered glass
  • Laminated glass
  • Polycarbonate

Automotive Glazing Application Outlook (Volume, Million Meter Square; Revenue, USD Million, 2014 - 2025)

  • Front windshield
  • Rear windshield
  • Sidelites
  • Sunroof

Automotive Glazing End-Use Outlook (Volume, Million Meter Square; Revenue, USD Million, 2014 - 2025)

  • Passenger Cars
  • LCV
  • HCV

Automotive Glazing Regional Outlook (Volume, Million Meter Square; Revenue, USD Million, 2014 - 2025)

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

Seed Treatment Market To Hold a High Potential for Growth by 2020

 The global seed treatment market size is expected to reach USD 5.61 billion by 2020, according to a new report by Grand View Research, Inc., registering a 9.6% CAGR during the forecast period. A thriving agriculture industry is one of the key drivers of market growth. Increasing use of seed treatment in agriculture, coupled with rising demand for organic processing of food products, is expected to boost market demand over the coming years. Growing population has resulted in soaring food demand, thus raising the adoption rate of seed treatment.

Seed Treatment

Soaring demand for food owing to increasing population globally has prompted the need for more agricultural yield, which is expected to augment the use of seed treatment over the forecast period. In the past few years, consumption of grain was more than its production, resulting in a deficit. This has increased pressure on farmers to produce more yield to cater to rising demand.

The North American market for seed treatment is facilitated by increasing agriculture practices in Canada and Mexico. Developing technologies used in agriculture in these countries are expected to provide avenues for market growth.

Denmark is known for its agriculture and food sector and is known to produce food about three times its population. Furthermore, over 60.0% of the country’s land area is under agriculture and is estimated at 2.7 million hectares. This is expected to boost the seed treatment market.

Asia Pacific is expected to witness steady growth on account of increasing agriculture practices in countries such as India and China. With accelerated economic growth in Asia, there is an expanding middle class that has more income to spend on food.

Population growth and scarcity of agricultural land in these countries is expected to create a significant demand for agricultural products. Increasing adoption of novel technologies in agriculture to increase yield and improve quality is expected to augment market demand in the region over the forecast period.

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

Further key findings from the report suggest:

  • In terms of revenue, the insecticides segment is anticipated to value around USD 3 billion by 2020. The nonchemical segment, on the other hand, is projected to expand at a CAGR of 10.3% over the forecast period
  • By type of crop, corn/maize dominated the global seed treatment market with a share of 34.5% in 2013
  • The North America seed treatment market is anticipated to reach USD 2.32 billion by 2020, accounting for the largest share throughout the forecast period
  • Latin America is projected to witness a remarkable CAGR of 10.3% over the forecast period, owing to rapid developments in the agriculture sector
  • Some of the key companies in the market are Syngenta, Bayer, Monsanto, BASF, CropScience, Chemtura, DuPont, Nufarm, Becker Underwood, Plant Health Care, Wolf Trax Incorporation, Valent U.S.A. Corporation, Sumitomo Chemical Company Limited, Precision Laboratories Incorporation, and Novozymes A/S. 

Grand View Research has segmented the global seed treatment market on the basis of type, crop type, and region:

Seed Treatment Type Outlook (Revenue, USD Million, 2012 - 2020)

  • Insecticides
  • Fungicides
  • Other chemical treatment
  • Nonchemical

Seed Treatment Crop Type Outlook (Revenue, USD Million, 2012 - 2020)

  • Corn/Maize
  • Soybean
  • Wheat
  • Canola
  • Cotton
  • Other

Seed Treatment Regional Outlook (Revenue, USD Million, 2012 - 2020)

  • North America
    • US.
    • Canada
  • Europe
    • France
    • Russia
    • Germany
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
    • Argentina
  • RoW
    • 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.

Petroleum Resins Market Predicted to Cross $4.1 Billion by 2025

 The global petroleum resins market is expected to reach USD 4.1 billion by 2025, growing at a CAGR of 6.9% from 2017 to 2025, according to a new report by Grand View Research, Inc. The rising demand for petroleum resins in EVA-based adhesives, contact adhesives for footwear, printing inks, sealants, paints, specialty tapes, repositionable tapes, packaging tapes, and permanent labels is expected to increase the market size.

Increasing demand for hydrocarbon resins in adhesives owing to properties such as good adhesion, improved adhesive bond strength, acid resistance, alkali resistance, and water resistance is expected to the drive industry expansion over the forecast period.The development of various petrochemical complex and catalytic polymerization to increase the output of resins is likely to augment the market size over the next eight years.

Petroleum Resins Market

Automotive was the prominent segment and accounted 23.9% of the overall revenue share in 2016. The segment is expected to register substantial gains owing to the increasing production of passenger cars, light commercial vehicles, and heavy commercial vehicles in countries such as India, Thailand, and China.

Moreover, the Chinese auto sector policies and measures such as Automotive Readjustment and Revitalization Plan, Energy-Saving and New-Energy Auto Industry Plan, and Foreign Direct Investment opportunities are augmenting vehicle production, which in turn is expected to propel the market growth.

Access Research Report of Petroleum Resins Market @ https://www.grandviewresearch.com/industry-analysis/petroleum-resins-market

Further key findings from the report suggest:

  • Hydrogenated petroleum resins is expected to register high volume gains at a CAGR of 6.3% from 2017 to 2025. The rising consumption of the products in EVA/ APAO-based hot melt adhesives and pressure sensitive adhesives as they offer good heat stability, water resistance and compatibility is expected to drive the industry growth.
  • The printing ink segment was valued at USD 214.9 million in 2016 and is anticipated to witness high gains on account of the rising usage in commercial printing, publications, packaging, and corrugated cardboards applications
  • Europe accounted for 23.4% of the overall volume share in 2016 and is anticipated to witness steady growth due to the presence of major automotive manufacturers including Audi, BMW, Mercedes Benz, Jaguar, Aston Martin, Volkswagen, Volvo, Fiat, Ferrari, Lamborghini, and Porsche
  • The global petroleum resins market showcases immense competition with the presence of various large and small-scale participants in Japan, the U.S., and China. Key players include Eastman Chemical Company; ExxonMobil; Zeon Chemicals; Lesco Chemical Limited; Kolon; Neville; Puyang Tiancheng Chemical Co., Ltd.; and The Dow Chemical Company.
  • In December 2016, Saudi-based Rufayah Chemicals Company (RCC) signed a deal with Sadara Chemical Company for setting up one of the largest hydrocarbon resin plants with an investment of approximately USD 500 million in the PlasChem Park to produce hydrocarbon resin, pure DCPD, isoprene, aromatic solvents, and premium wash oils
  • Zeon Chemicals offers Quintac and Quintone manufactured by using proprietary Isoprene and Piperylene technology having excellent tack, cohesive strength, and holding power

Grand View Research has segmented the global petroleum resins market on the basis of product, application, end use, and region:

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

  • C5 resins
  • C9 resins
  • C5/C9 resins
  • Hydrogenated resins

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

  • Paints
  • Adhesives
  • Printing inks
  • Rubber & tires
  • Tapes & labels
  • Others

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

  • Automotive
  • Construction
  • Packaging
  • Consumer goods
  • Personal hygiene
  • Others

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

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

About Grand View Research

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

Monday, 30 November 2020

Polyimide Films Market Set to Record Exponential Growth by 2025

 The global polyimide films market is anticipated to reach USD 3.12 billion by 2025, according to a new report by Grand View Research, Inc. Revolutionary advancements in the aerospace and automobile industry with regards to high-end quality products is expected to drive the growth of this market.

Polyimide Films

The flexible printed circuit (FPC) emerged as the largest and fastest-growing application in the global polyimide films market. They are used in the manufacturing of flexible printed circuit board in ink-jet cartridges, printers & scanners, mobile phones, pagers, camcorders, and military & avionics systems.

Polyimide film has many applications in electronics, automotive, aerospace, and labeling & labels industry. Many new product launches have enabled consumers to pick their choice of product from a wide range of options. The widening of product distribution channels has made these products readily available to the consumer.

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

Further key findings from the report suggest:

  • The global polyimide films market was estimated at USD 1,492.3 million in 2016 and is projected to grow at a growth rate of 8.6% from 2017 to 2025
  • The flexible circuit board sector occupied the largest market share in 2016 on account of its widespread use in ink-jet cartridges, printers & scanners, mobile phones, pagers, camcorders, and military & avionics systems
  • FCB has many automotive applications ranging from dashboard to engine management, and ABS control systems
  • Wire & cables are used in various application where high tensile strength, solvent resistance, flammability and electrical resistivity is required
  • Electronics end-use segment is growing with the fastest growth rate owing to strong demand for consumer electronics and increase in electrical components in automobile
  • The aerospace segment accounted for 26.1% of the global revenue and is projected to witness the second highest CAGR over the forecast period
  • Growing disposable income and investment in innovative devices is anticipated to boost the demand in the electronics segment
  • Increasing investment from government & private institutions in the automotive and aerospace & defense industry is projected to contribute to the demand over the coming years
  • Key players include E. I. Du Pont De Nemours and Company, Saint-Gobain, Von Roll Holding AG, Kaneka Corporation and Arakawa Chemicals Industries
  • Research & development activities, new product launches, acquisition and mergers and technological collaborations are some of the strategic initiatives taken up by leading companies

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

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

  • Flexible printed circuit
  • Wire & cable
  • Pressure sensitive tape
  • Specialty fabricated product
  • Motor/Generator

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

  • Electronics
  • Aerospace
  • Automotive
  • Labeling
  • Others

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

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

 About Grand View Research

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

Microgrid Market to Witness Soaring Growth During the Forecast Period

 The Report Microgrid Market Analysis By Power Source (Natural Gas, Combined Heat & Power (CHP), Solar PV, Diesel, Fuel Cell), By Product (Remote, Grid Connected, Hybrid), By Application, And Segment Forecasts, 2018 - 2025

The global microgrid market is expected to reach USD 17.51 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. The improvement in manufacturing sectors of emerging markets including Mexico, China and India as a result of favorable government policies to attract investments is expected to promote market growth.

Microgrid

Microgrid differs from conventional electrical distribution system as it acts a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses. These systems perform dynamic control over energy sources by enabling autonomous as well as automatic self-healing operations.

Rising importance of captive electricity generation as a key alternative to the regulated power supply by municipal regulators in mining and mechanical engineering sectors is expected to have a strong impact. Furthermore, rising production output of unconventional sources including shale gas in the U.S. and Canada as a result of high utilization of fracking technology is expected to ensure access of natural gas as a power source over the next eight years.

Access Research Report of Microgrid Markethttps://www.grandviewresearch.com/industry-analysis/microgrid-market

Further key findings from the report suggest:

  • The global microgrid demand was stood at 1.48 GW in 2016 and is projected to reach 6.54 GW by the end of 2025, expanding at a CAGR of 16.3% from 2017 to 2025.
  • Remote microgrid market demand was 568.2 MW in 2016. The segment is expected to foresee tremendous gains owing to the upcoming installation of new projects in Arctic circle, Russia
  • Natural gas is expected to witness revenue growth at a CAGR of 18.1% from 2017 to 2025. The governments of Russia and Syria signed Russia-Syria Offshore Gas Deal which is aimed for exploration and production of natural gas in Syrian Coast. The abovementioned favorable trends in natural gas industry of Russia is expected to open new markets.
  • Utility is projected to account for 9.6% of global volume share by the end of 2025 as a result of increasing power demand amid the inclusion of new HVAC and heavy load machinery in manufacturing sector
  • North America is expected to account for 71.4% of global revenue by the end of 2025. The increasing number of new solar PV microgrids for utility in Northeast and West regions of the U.S. is expected to have a positive impact.
  • Key vendors include Siemens AG, Exelon, GE, Lockheed Martin Corporation, Lockheed Martin Corporation, ABB Group, Power Analytics, Toshiba Corporation, Honeywell International Inc, ZBB Energy Corporation, Echelon Corporation and Schneider Electric. In November 2016, Exelon launched five new microgrids at USD 250 million through the assistance with Anarbic. This launch is anticipated to play a crucial role in increasing the market share of Exelon in global industry over the next eight years.

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

Microgrid Power Source Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

  • Natural Gas
  • CHP
  • Solar PV
  • Diesel
  • Fuel Cell
  • Others

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

  • Remote
  • Grid connected
  • Hybrid

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

  • Government
  • Education
  • Commercial
  • Utility
  • Defense
  • Others

Microgrid Regional Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

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

About Grand View Research

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

Thermochromic Materials Market to Bring In USD 7.31 Billion by End of the Forecast Period

 The global thermochromic materials market is expected to reach USD 7.31 Billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for reversible thermochromic materials in application industries is expected to drive demand over the forecast period.

Growing demand for thermochromic materials in food quality indicators to determine the quality of frozen meat and dairy products coupled with increasing use of thermochromic pigments in inks, paints, and coatings is expected to drive market growth over the forecast period.

Thermochromic Materials

Color diversity, cost effectiveness, and manufacturing process flexibility are some of the major advantages of thermochromic materials. As a result, the demand for thermochromic pigments in novelty products is increasing significantly. In addition, the use of reversible temperature-sensitive materials in baby products and sensors is expected to aid growth over the next eight years.

Complex chemical formulation coupled with the difficulty in maintaining the formulation stability of reversible thermochromic materials is expected to hamper the demand for the materials over the forecast period. However, constant research & development projects undertaken by the manufacturers is expected aid in the development of stable reversible materials, which in turn is likely to attract demand from the application industries.

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

Further key findings from the report suggest:

  • Reversible thermochromic materials are expected to grow at CAGR of 5.0% over the forecast period on account of growing demand in baby diapers, sensors and chemical containers owing to its reversible characteristic
  • Irreversible materials dominated the market with over 60% of the overall revenue share due to increasing demand for the product in novelty products and textile industry over the forecast period
  • Thermochromic pigments accounted or the largest volume share in 2016 and is expected to continue its dominance over the forecast period owing to the increasing use of the pigments in the manufacturing of paints and inks
  • Asia Pacific is expected to be the fastest growing region over the forecast period on account of the increasing demand for reversible as well as irreversible products in textile & novelty product manufacturing, and printing industry
  • The industry is fragmented with manufacturers catering to their local markets, creating a monopoly. In addition, on account of the emerging industry and slow growth, the existing manufacturers prevent new players from entering the market.

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

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

  • Reversible
  • Irreversible

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

  • Food quality indicators
  • Papers
  • Pigments
  • Thermometers
  • Others

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

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

Marine Grease Market to Expand At A CAGR Of 4.4% throughout the Forecast Period

 The Report Marine Grease Market Analysis, By Thicker Type (Lithium Complex, Calcium), By End-Use (Bulk Carrier & Cargo Ships, Passenger Ships, Tankers), By Region, And Segment Forecasts, 2018 - 2025

The global marine grease market is expected to reach USD 348.4 million by 2025, according to a new report by Grand View Research, Inc. Increasing demand from the various end-use segments is a key factor driving the growth. The robust growth from shipping industry in Asia Pacific is expected to boost the market further over the forecast period.

Marine Grease

Marine grease is a semi-solid substance, used in various vessels such as bulk carrier ships, cargo ships, tankers, passenger vessels as it provides enhanced lubrication under salty water conditions. In addition, it has numerous applications in high temperature and pressure conditions. The market is mainly driven by the demand for the bulk carriers and cargo vessels, as they are exposed to the complex operating environment during transportation of industrial and consumer goods.

In terms of revenue, lithium complex thickener accounted as the largest segment in 2016 and is anticipated to continue its trends with a growth rate of 4.7% over the forecast period. Increasing need for environmentally compatible and multi-purpose grease are the factors anticipated to propel the growth.

The demand is expected to surge owing to the development of new ports in the Asia Pacific region. Different grades as classified by the National Lubricating Grease Institute (NLGI) are used in various end-use areas as they provide the required properties such as resistance to water wash out, and corrosion prevention. Various types of NLGI graded greases are available to cater the requirement of the different types of vessels.

Access Research Report of Marine Grease Markethttps://www.grandviewresearch.com/industry-analysis/marine-grease-market

Further key findings from the report suggest:

  • Lithium complex based thickener segment is expected to experience fastest growth in terms of value at a CAGR of 4.7% from 2017 to 2025 due to its property to serve as multipurpose grease
  • Bulk carrier & cargo ships are expected to continue its dominance as the largest end-use segment in terms of revenue and is anticipated to reach USD 150.9 million by 2025. Rising purchasing power parity among emerging economies is expected to boost the growth of operation and maintenance of passenger ship segment which in-turn would boost the marine grease, expanding at a CAGR of 5.2% between the period from 2017 to 2025
  • Asia Pacific market was valued at USD 88.2 million in 2016 and is projected to reach USD 139.8 million by 2025. Asia Pacific is expected to experience a surge in demand over the next eight years owing to new ports constructed in this region. In terms of revenue, the regional market is expected to grow at a CAGR of 5.3% between 2017 to 2025
  • Key players including ExxonMobil Corporation, Chevron Lubricants, Shell Plc, Total Lubmarine, Lukoil Marine, Gulf Oil Marine, Penrite Oil are expected to hold significant share in the global market

Grand View Research has segmented the global marine grease market on the basis of end-use, thickener type and region:

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

  • Bulk Carrier & Cargo Ships
  • Passenger Ships
  • Tankers
  • Others

Thickener Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Lithium or Lithium Complex
  • Calcium
  • Others

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

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

About Grand View Research

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

Fiberglass Flooring Market is Expected To Witness Immense Growth Owing To Growing Demand For Residential Buildings by 2025

 The Report Fiberglass Flooring Market Analysis By Application (Residential, Commercial, Industrial), By Region (North America, Europe, APAC, LATAM, MEA), By Country (U.S., Germany, France, China, Brazil) & Segment Forecasts, 2018 - 2025

The global fiberglass flooring market is expected to reach USD 987 million by 2025, according to a new report conducted by Grand View Research, Inc. The growing application in industrial, residential and commercial buildings owing to the longer lifespan of floors coupled with better aesthetics will drive growth over the upcoming years. Moreover, the rising demand for residential buildings in light of population growth, increasing income levels, and favorable government initiatives will aid in the industry development.

Fiberglass Flooring Market

The usage of these products in the industrial sector will witness substantial revenue rise at a CAGR of 6.8% from 2016 to 2025. Factors such as low maintenance and anti-allergen are expected to spur the demand for these products over the upcoming years. Strong growth of the construction industry in emerging countries such as China, India, Singapore, Brazil, Thailand, Indonesia, Mexico, UAE, South Africa, Saudi Arabia, Qatar, and South Korea will create growth opportunities for the market in the future.

Access Research Report of Fiberglass Flooring Market https://www.grandviewresearch.com/industry-analysis/fiberglass-flooring-market

Further key findings from the report suggest:

  • The global fiberglass flooring market demand was 107,793.2 thousand square meters in 2015 and is expected to grow significantly owing to growing demand for residential buildings in countries such as Germany, South Africa, Brazil, Mexico, and India
  • The Middle East & Africa accounted for 16.5% of the global volume share in 2015 and is anticipated to witness growth on account of rapid infrastructural development in the region over the upcoming years. The presence of large construction companies such as Murray & Roberts, Fluor, Trencon Construction, Esor, Arabtec Construction LLC, Al Habtoor Group LLC, and Dutco Construction LLC will spur the demand for the product.
  • The industrial construction sector is expected to witness substantial gains on account of increasing facility expansion by manufacturing companies. Moreover, the shifting of the major automotive manufacturers including Volkswagen, Audi, Toyota, Nissan, Chevrolet, BMW, and Fiat to China and India is expected to fuel the demand for fiberglass floorings in the industrial construction sector over the forecast period.
  • The industry is dominated by key participants including IVC Group (Mohawk Industries), Mannington Mills, Inc., Shaw Floors, NOX Corporation, Milliken, Armstrong World Industries, Gerflor, and Tarkett
  • Companies are focusing on strategic partnerships and alliances for strengthening their positions in the global market. In January 2013, the IVC Group announced the acquisition of Trinterio, which led to the introduction of two new subdivisions to the IVC Group, Spanolux, and Balterio.

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

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

  • Residential
  • Commercial
  • Industrial

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

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

About Grand View Research

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

Food Emulsifiers Market Revenue Sales to Reach USD 7.51 Billion by 2025

 The global food emulsifiers market is expected to reach USD 7.51 billion by 2025, according to a new report conducted by Grand View Research, Inc. Growing requirement of nutritional foodstuffs, protein-rich products, and ready-to-eat snacks in Asia Pacific is estimated to drive the demand for food ingredients, including emulsifying agents, colorants, enzymes, and sweeteners. Furthermore, the presence of a broad consumer base coupled with the robust growth of the food & beverage sector is another critical driving factor that is likely to boost product consumption.

Food Emulsifiers

Lecithin is one of the major product categories of the market accounting for 29.1% of the volume share in 2015. Lecithin is found in both animal and plant tissues and is utilized as an emulsification ingredient for the preparation of a wide variety of bakery & dairy products. 

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

Further key findings from the report suggest:

  • Dairy products accounted for 9.7% revenue share in 2015 and are likely to be one of the fastest growing applications. Rising consumption of dairy products in developing nations including China, India, and Russia is predicted to influence industry growth of key dairy processing additives, including emulsifiers.
  • Europe generated revenue of USD 1.36 billion in 2015 and is anticipated to witness a stable growth over the forecast period. The implementation of stringent environmental regulations coupled with clean label trends is likely to support the stable growth in Germany, France, and other countries in the region.
  • Lecithin exhibits nontoxicity and has the ability to moisturize, homogenize, and stabilize the colloidal systems. Moreover, it helps in modifying the rheological properties of victuals and also enhances their shelf life. Owing to its multifunctionality, the growth of the products is anticipated to propel significantly over the next couple of years.
  • Lonza Group, Cargill, Inc., Danisco A/S, Riken Vitamin Co., Ltd., Palsgaard A/S, Beldem, BASF SE, Adani Wilmar Ltd., Archer Daniels Midland Company, Solvay S.A. Lubrizol Corporation, and Stepan Company are some of the key players operating in the global market.
  • The prominent market participants such as Riken Vitamins Co., Ltd. and Palsgaard A/S are focusing on the expansion of their product portfolio by significantly investing in research & development.
  • In December 2016, Cargill, Inc., announced the expansion of its emulsifier product portfolio. The company introduced a new emulsifier range that is inclusive of three plant-based lecithin products that are derived from canola, sunflower, and soy plants. Through new product launch, the company aims to meet the growing consumer requirements of label-conscious and nongenetically modified foodstuffs.

Grand View Research has segmented the global food emulsifiers market by product, application, and region:

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

  • Mono-, Di-glycerides & Derivatives
  • Lecithin
  • Stearoyl Lactylates
  • Sorbitan Esters
  • Others

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

  • Bakery & Confectionery
  • Convenience Foods
  • Meat Products
  • Dairy Products
  • Others

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

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

About Grand View Research

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

Patient Monitoring Accessories Market Poised to Expand at a Robust Pace Over 2033: Grand View Research Inc.

  Patient Monitoring Accessories Market Growth & Trends The global  patient monitoring accessories market  size is estimated to reach US...