Monday, 7 December 2020

Demand for Specialty Food Ingredients Market to Incur Considerable Upsurge During the Forecast Period

 The global specialty food ingredient market is expected to reach USD 116.50 billion by 2025, according to a new report by Grand View Research, Inc. The industry is anticipated to grow substantially over the forecast period owing to increasing application of these products in the modern processing sector to meet a wide range of demand for diverse product qualities.

Specialty Food Ingredients

There has been various value addition in process technologies which help in efficient use of specialty ingredients in finished foodstuff. One of such advancements is the twin-screw extrusion lines developed by Clextral, which help in increasing the flexibility of various constituents during processing.

Various developments in encapsulation technologies to enhance aroma and taste differentiation, mask unpleasant odor and bad tasting components, increase their bioavailability and stabilize additives; have resulted in tremendous quality improvements in finished products. This in turn has helped in the processors in meeting various consumer demands.

The regulatory scenario plays a very important role in this industry. Frequently changing regulatory framework is a matter of concern for the industry players across the entire value chain. The agenda of health issues provides various opportunities for specialty ingredient reformulation and innovation. However, this requires innovation regarding technology regarding which the novel constituents play a crucial role.

The functional specialty food ingredientsare anticipated to be the fastest growing segment over the next decade and is projected to grow at a CAGR of 5.5% from 2017 to 2025. These products help overcome various diseases and provide good health. Hence, the requirement of such elements is more or less homogenous globally; however, recent practices of combining functional diet and molecular nutrition might challenge the conventional paradigm shift, is expected to drive the demand over the forecast period.

Access Research Report of Specialty Food Ingredients Market http://www.grandviewresearch.com/industry-analysis/specialty-food-ingredients-market

Further key findings from the report suggest:

  • Flavors are expected to be the fastest growing sensory ingredients. This market is characterized as innovative, technical and specialized in nature and its growth parameters include changing lifestyle of consumers, increased demand of convenience foodstuff
  • Vitamins was the largest functional constituents segment in 2016. Natural and synthetic vitamins are the two types of vitamins used in end products
  • Asia Pacific accounted for over 34% of the overall revenue in 2016
  • Major companies actively operating in the industry in the present scenario would includeNaturex, Frutarom, KF Specialty Ingredients, Ingredion, DuPont, PPG Industries, Evonik, Kerry Group and Ashland Inc.
  • Regulatory agencies play a crucial role in the growth of this industry. The NSF/ANSI defines marketing and labeling requirements for dietary products that contain organic ingredients. This standard allows the “contains organic ingredients” designation for products with organic content of 70% or more that complies with all other requirements of the standards

Grand View Research has segmented the global specialty food ingredients market on the basis of product and region:

Specialty Food Ingredient Product Outlook (USD Million, 2014 - 2025)

  • Specialty sensory food ingredients
  • Specialty functional food ingredients

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

  • North America
  • Europe
  • Asia Pacific
  • Central & South America (CSA)
  • 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.

Ceramic Coating Market With Strong Application and Scope By 2025

 The global ceramic coating market is expected to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.2% over the forecast period, owing to Increasing utilization in automobile engine components and the aerospace & defense industry is projected to propel the market growth over the next eight years.

Ceramic Coating

Ceramic coatings are being extensively used in the automobile and transportation industry owing to its anti-corrosion properties and offering resistance to abrasion and heat.  Ceramic coatings are also used for providing a finished polish look on the exterior body of cars slowly replacing wax.

With growing research and development activities, ceramic coatings are venturing into wider application segments. Currently, automobile and transportation are expected to be the largest application for ceramic coatings. However, with further product innovations, ceramic coating is likely to have a larger application share than its counterparts such as PTFE or regular coatings.

Acquisition and joint ventures are an integral part of this market and allow companies to expand their market position and hold. Recent strategic initiatives signify that the end-use companies are acquiring/merging with companies possessing technology and patents for producing the ceramic coating to reduce the process cost and thus the final product prices.

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

Further key findings from the report suggest:

  • The global ceramic coating market demand is expected to exceed 46.3 million tons by 2025, growing at an estimated CAGR of 5.1% from 2017 to 2025
  • In the product segment, oxide accounts for the largest share globally. The U.S. oxide segment was estimated to be around USD 1.37 billion in 2016
  • Asia-Pacific was the largest consumer in 2016 in terms of volume. It accounted for more than 40% of the global consumption in 2016
  • China is anticipated to be the largest consumer in Asia Pacific owing to the presence of a large number of industries coupled with tightening environment norms
  • The industrial components segment was the largest consumer in Asia Pacific in 2016 while aerospace & defense generated substantial revenue in the U.S.
  • The automobile & transportation sector is projected to have the highest growth as major manufacturers are adopting ceramic coatings on engine components to combat corrosion

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

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

  • Oxide
  • Carbide
  • Nitride

Ceramic Coating Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Thermal Spray
  • Physical Vapor Deposition
  • Chemical Vapor Deposition
  • Others

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

  • Transportation & Automotive
  • Energy
  • Aerospace & Defense
  • Industrial Components
  • Healthcare
  • Others

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

  • North America
    • The U.S.
  • Europe
    • Germany
    • France
    • The U.K.
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • CSA

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.

Chlorinated Polyethylene Market Soaring Demand Assures Motivated Revenue Share By 2025

 The global chlorinated polyethylene market size is expected to reach USD 890.3 million by 2025, according to a new report by Grand View Research, Inc. The market is expected to exhibit significant growth owing to increasing demand for chlorinated polyethylene elastomers (CPE) due to their superior heat, temperature and oil resistance. In addition, increasing use of high performance chlorinated polyethylene in chemical industry owing to their non-corrosive properties, is expected to drive growth over the forecast period.

Chlorinated Polyethylene

Chlorinated Polyethylene (CPE 135B) is expected to grow at a significant rate owing to increasing use of the product in rigid plastic applications such as PVC plastic profile, pipe fittings, waterproofing membranes and cable sheathing. Increasing use of CPE 135B as modifier and stabilizer of specials synthetic rubber owing to easy mixing with natural rubber is expected to drive the market growth over the forecast period.

Increasing use of the product as impact modifier, anti-dripping agent and secondary flame retardant in Ignition resistant acrylonitrile butadiene rubber (IR ABS) owing to its higher thermal stability and heat resistance is expected to drive growth over the forecast period.

The global chlorinated polyethylene market is highly fragmented, with a majority of production in China due to the presence of a large number of small scale manufacturers in the country providing the product at extremely low prices.

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

Further key findings from the report suggest:

  • The impact modifier application segment is expected to register CAGR of over 7.8% from 2017 to 2025. The segment is likely to register high growth owing to increasing use for impact reduction in automobiles, window profiles, and door profiles
  • Demand for other chlorinated polyethylene grades is expected to reach a market value of more than USD 324.4 million by 2025. Heightened product demand due to growing consumption by the automotive and industrial sector is expected to drive the market growth over the forecast period
  • The industry in Europe is expected to grow at a CAGR of more than 6.0% by volume from 2017 to 2025 driven by increasing use of the product for impact modifier applications. The region accounts for the consumption of high grade products due to presence of stringent regulations for product use
  • The industry in China accounts for the highest production volume due to the presence of a large number of manufacturers coupled with low manufacturing costs. The economy accounts for the consumption of high product volume due to presence of a wide manufacturing base
  • Major players resort to capacity additions and production of advanced CPE grades in order to drive the revenue growth. High production volume realized by the Chinese manufacturers is expected to result in over-production leading to decline in the product demand

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

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

  • CPE 135A
  • CPE 135B
  • Others

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

  • Impact Modifier
  • Wire & Cable Jacketing
  • Hose & tubing
  • Adhesives
  • Magnetics
  • IR ABS
  • Others

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

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

Waste To Diesel Market is Estimated to Raise the Demand of Transportation, Jet Airways And Automotive Sector by 2025

 The global waste to diesel market is expected to reach USD 942.78 million by 2025, according to a new report by Grand View Research, Inc. Increasing technologies for the conversion of waste owing to stringent environmental regulations has been a major factor driving industry growth. Also, growing demand for biodiesel in industrial machinery sector has led to rising demand for market growth. 

Waste To Diesel Market

Growing consumption of diesel as a fuel from the U.S., China, Japan, India, and Mexico owing to the significantrise in the automotive industry in these countries is projected to propel the market over the forecast period. Increasing waste processing plants in various regions including Europe and North America and the rising technological advancements in regions, such as Asia-Pacific is anticipated to drive the market over the forecast period.

Rising R&D activities carried out by companies such as, Klean Industries, Covanta Energy Corporation, and Alphakat GmbH to expand the production capacity their facilitiesin the waste to diesel conversion is projected to propel the market over the next eight years. In June 2017, Stat kraft, a producer of renewable energy, developed a process, which uses hydrothermal liquefaction technology using high temperatures and pressures to generate biofuel from wood chippings and other solid organic waste.

Access Research Report of Waste To Diesel Market@ https://www.grandviewresearch.com/industry-analysis/waste-to-diesel-market

Further key findings from the report suggest:

  • The global demand was worth USD 390 million in 2016 and is expected to grow at a CAGR of 10.4% over the forecast period
  • Municipal waste emerged as the largest source segment in 2016 and is estimated to generate revenue over USD 440 million by 2025
  • Increasing plants for the processing of municipal solid waste is projected to propel the market growth.
  • Gasification technology was projected to be the fastest growing segment and is anticipated to witness moderate share over the forecast period
  • Europe is expected to observe the significant regional segment over the next eight years with an estimated CAGR in terms of revenue of around 10.1%.
  • Growing manufacturers and suppliers of waste to diesel processing plants in this region is anticipated to spur the market growth.
  • In March 2017, Diamond Green Diesel facility of Valero Energy Corporation and Darling Ingredients Inc. expanded its annual production capacity of renewable diesel by using Honeywell’s UOP ecofining technological process.
  • Key players including Covanta Energy Corp., Klean Industries, Green Alliance dominated the global market accounting for significant share of the total volume in 2016

Grand View Research has segmented the global waste to diesel market on the basis ofsource, technology, and region: 

Waste To Diesel Source Outlook (Revenue, USD Million, 2014 - 2025)

  • Oil & fat waste
  • Municipal waste
  • Plastic waste

Waste To Diesel Technology Outlook (Revenue, USD Million, 2014 - 2025)

  • Gasification
  • Pyrolysis
  • Depolymerisation
  • Incineration

Waste To Diesel 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.

Friday, 4 December 2020

Bioactive Material Market Is Expected To Accomplish A Valuation Of Around USD 3.29 Billion By 2025

 The global bioactive materials market is expected to reach USD 3.29 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 10.1% over the forecast period, owing to rising substitution of engineered plastics in implants.

Increasing healthcare expenditure by the consumers is expected to drive the demand for bioactive materials over the forecast period. Rising geriatric population is likely to trigger the demand for such products primarily for use in the production of prosthesis and implants, thereby driving the market over the next eight years.

Growing use of bioactive materials for coating metal implants to promote bone healing & osteogenesis, and mitogenesis of undifferentiated cells is expected to drive the market growth over the forecast period. The demand for such products is likely to rise on account of growing product adoption by consumers including hospitals and private surgeons.

The industry is expected to benefit from the rising technological advancements across the globe. In addition, the products are expected to gain traction over the forecast period driven by the superior performance in bone regeneration surgeries.

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

Further key findings from the report suggest:

  • Glass accounted for a market share of 37.7% in 2016, of the material segment, growing at a CAGR of 12.4% from 2017 to 2025, owing to its successful clinical applications and rising use in tissue engineering
  • Powder accounted for 23.4% of the overall revenue share in 2016, due to high demand in tooth implants and other dentistry applications driven by superior amalgamation properties
  • The market for bioactive materials in surgery is expected to grow at CAGR of 11.3% from 2017 to 2025. Recent advancements in the stem cell technology have boosted the demand for bioactive materials in the field of medicine and science and the trend is expected to sustain over the forecast period
  • North America accounted for the highest global share of 37.0% in 2016 driven by high per capita healthcare spending owing to Affordable Care Act (ACA) introduced by the Obama administration in 2010
  • Key participants of the industry include Zimmer Holding Inc., Medtronic Inc., Stryker Corporation, and Depuysynthes, with the companies focusing on new technology, excellent performance and customized products to gain market share

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

Bioactive Materials, Materials Outlook (Revenue, USD Million, 2014 - 2025)

  • Glass
  • Glass Ceramic
  • Composite
  • Others

Bioactive Materials, Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Powders
  • Moldables & Injectables
  • Granules
  • Others

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

  • Dentistry
  • Surgery
  • Bioengineering
  • Others

Bioactive Materials, 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.

Thermal Insulation Coating Market to Expand with Significant CAGR During the Forecast Period

 The Report Thermal Insulation Coating Market Analysis By Product (Acrylic, Epoxy, Polyurethane, YSZ, Mullite), By Application (Construction, Transportation, Aerospace, Manufacturing), And Segment Forecasts, 2018 - 2025

The global thermal insulation coating market is anticipated to reach USD 11.75 billion by 2025, according to a new report by Grand View Research, Inc. Developments in manufacturing & industrial sector are projected to impact demand positively. Thermal insulation coatings lessen the heat loss in various equipment, thus improving their performance and reducing the overall maintenance cost.

Thermal Insulation Coating

Favorable government regulations and initiatives to strengthen the manufacturing industry, such as the provisions for subsidy, increasing foreign investments and trade promotion are projected to augment product demand over the forecast period. Some of the initiatives are Belt and Road initiative in China, Make in India initiative by the Indian government, and Buy American Hire American initiative in the U.S, etc.

Increased demand for the products which are capable of working in high-temperatures in both cyclic and isothermal models is anticipated to foster usage in the manufacturing sector. New product launches have enabled consumers to pick application specific product from a wide range of options. The widening of product distribution channels has also made these products readily available to the users, thus acting as a driving force for the growth of this market.

Access Research Report of Thermal Insulation Coating Market @https://www.grandviewresearch.com/industry-analysis/thermal-insulation-coating-market

Further key findings from the report suggest:

  • The global thermal insulation coating market was valued at USD 6.66 billion in 2016 and is expected to grow at a CAGR of 6.5% from 2017 to 2025
  • Yttria Stabilized Zirconia (YSZ) occupied the largest revenue share on account of its higher price and increasing usage in power generation systems, diesel and gas turbine engines
  • Epoxy emerged as the fastest growing product segment in Europe and North America as it is free from volatile organic compounds (VOC)
  • Rising demand for environment-friendly and energy saving products & solutions is expected to drive this market
  • The automotive & transportation segment accounted for 25.3% of the global market in 2016 and is projected to grow at the second highest CAGR over forecast period
  • Stringent environmental rules & regulations and focus on indoor air quality is anticipated to drive the epoxy based segment
  • Increasing investment from government & private institutions in the aerospace & defense sector is projected to contribute to the demand for these coatings
  • Key players include PPG Industries, Nippon Paint Holdings Co., Mascoat, AkzoNobel N.V., Carboline Company, Sherwin-Williams Company
  • R&D activities, new product launches, acquisition & mergers and technological collaborations are some of the strategic initiatives taken up by leading companies

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

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

  • Acrylic
  • Epoxy
  • Polyurethane
  • Yttria Stabilized Zirconia (YSZ)
  • Mullite

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

  • Building & Construction
  • Automotive & Transportation
  • Aerospace & Defense
  • Manufacturing
  • Others

Thermal Insulation Coating 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 Exterior Materials Market To Benefit from Increased Global Uptake of 2025

 The global automotive exterior materials market is expected to reach USD 19.21 billion in 2025, according to a new report by Grand View Research, Inc. Steel which was predominantly the material of choice for various exterior components is expected to witness rising competition from plastics and carbon composite materials.

High prices of these composites have limited use of these materials to certain components. Sustainability is expected to emerge as a key megatrend which is likely to shape the future of materials used for manufacturing car exteriors and will pose greater challenges for automobile designers.

Automotive Exterior Materials

Increasing environmental concerns and stringent norms have forced automotive manufacturers to control automotive pollution. One of the most important factors affecting fuel efficiency and vehicular pollution is the curb weight. Reduction in curb weight drastically increases fuel efficiency and reduces vehicular pollution.

The application of carbon fiber has been limited to high-performance cars because of the high carbon fiber cost. However, extensive R&D work is being undertaken by several manufacturers to develop low-cost carbon fiber grade with similar mechanical properties as that of high-cost variants. This is expected to spur carbon fiber demand in the automotive industry over the forecast period.

The market is characterized by the presence of major companies with a minimal difference in their shares, making each of them capable of gaining market leader position. The degree of competition is expected to remain high over the next five years.

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

Further key findings from the study suggest:

  • The global market was valued at USD 10.46 billion in 2016 and is projected to reach USD 19.2 billion by 2025, growing at an estimated CAGR of 7.0% from 2017 to 2025
  • Asia Pacific is expected to be the fastest-growing region and will probably register a demand of 8.87 million tons by 2025
  • Steel holds 36% of the global market and is projected to retain its dominance over the forecast period as well. Although, the development of lightweight substitutes for light and electric vehicles remains a major area of growth in this market.
  • In terms of application, doors dominate the market with 29% of the market revenue
  • Key players operating in the market include Magna International Inc., Toyota Boshoku Corporation, Kirchhoff Automotive GmbH, Trinseo S.A., DURA Automotive Systems, LLC, Plastic Omnium Co., etc.

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

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

  • Steel
  • Aluminum
  • Plastics
  • Glass composites
  • Carbon composites
  • Others

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

  • Bumpers
  • Fenders
  • Doors
  • Hoods
  • Tailgates
  • Others

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

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

About Grand View Research

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

Thursday, 3 December 2020

Automotive Metal Market Soaring Demand Assures Motivated Revenue Share By 2025

 The global automotive metal market size is expected to reach USD 129.33 billion by 2025, at a growing of 4.4%, according to a new report by Grand View Research, Inc. The global vehicle demand was 78.2 million units in 2011 and increased to 93.9 million units in 2016. Increasing demand for vehicles worldwide has led to increase in the production of vehicles, thereby propelling the demand for automotive metals.

Automotive Metal

Regulatory policies have led to increased focus towards the production of lightweight and fuel efficient cars which are anticipated to have a positive impact on the demand for aluminum, magnesium, high strength steel, and advanced high strength steel. Aluminum is the second majorly used metals in the automotive industry. It is used to manufacture engine radiators, wheels, bumpers, suspension parts, engine cylinder blocks, transmission bodies, hood, doors, and frame of the vehicles.

The automotive metals market is expected to witness restrained growth due to the high cost of certain metals including magnesium & aluminum and increasing use of plastics as replacement of metals in certain automotive components. Some of the majorly used plastics in automotive industry are polypropylene, polyurethane, polyamide, acrylonitrile butadiene styrene, and poly vinyl chloride while polyethylene and PMMA are expected to witness the fastest growth in the demand over the next eight years.

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

Further key findings from the report suggest:

  • Aluminum is expected to witness a significant growth of 6.1%, in terms of revenue, from 2017 to 2025 on account of its superior properties and lightweight as compared to other metals
  • Power train is expected to witness sluggish growth of 2.5%, in terms of volume, from 2017 to 2025 on account of growing utilization of plastic & composite materials in this application
  • Heavy commercial vehicles are anticipated to witness a CAGR of 1.0%, in terms of volume, from 2017 to 2025 on account of declining production of these vehicles globally
  • The declining sales of vehicles and overstocking of components by the distributors has led to a sluggish growth of the market in Middle East & Africa. However, the region is expected to witness growth over the coming years as companies are focusing on the untapped areas such as car components.
  • In November 2016, ArcelorMittal launched three new products for automotive application including ductibor 1000, usibor 2000, and martlnsite 1700
  • In February 2017, Tata Steel signed definitive agreement with Liberty House Group for the sale of its specialty steel business

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

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

  • Aluminum
  • Steel
  • Magnesium
  • Others

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

  • Body structure
  • Power train
  • Suspension
  • Others

Automotive Metal End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Passenger cars
  • Light commercial vehicles
  • Heavy commercial vehicles

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

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

Strapping Machine Market to Reflect Impressive Expansion During 2018 – 2025

 The global strapping machine market is expected to reach USD 6.4 billion by 2025, growing at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Globally increasing demand from Asia Pacific region has been a major factor driving market growth. In addition, significant growth in various application industries such as food & beverage, packaging, and consumer goods is further boosting the market growth.

Strapping Machine Market

Strapping machines are extensively used in the packaging industry for the strapping or wrapping of goods as packages held tight & together have a longer shelf life. Growing need for safe shipping of the various products from applications such as food & beverages, consumer appliances, household appliances, newspaper and other merchandises goods are fueling the demand for the strapping machines over the forecast period.

Semi-automatic was the largest category in 2016 and the trend is expected to continue over the forecast period. Semi-automatic strapping machines are extensively used owing to its reduced maintenance cost, adjustable height, strap variety, and high tension control.

Asia Pacific is expected to continue its domination over the forecast period primarily driven by the presence of major economies such as India, China, Japan, and others. Asia Pacific expected to experience the fastest growth over the forecast period with an estimated CAGR of 5.6% from 2017 to 2025.

Access Research Report of Strapping Machine Market@ http://www.grandviewresearch.com/industry-analysis/strapping-machine-market

Further key findings from the report suggest:

  • Globally, polypropylene (PP) as a strapping material is projected to experience significant growth in terms of revenue growing at a rate of 5.5% between 2017 and 2025. The growth can be attributed to rising demand from the packaging industry and growing need for increasing shelf life of goods.
  • Asia Pacific accounted for the largest market in 2016 with an estimated revenue of USD 1.4 billion and the growth is expected to be fueled significantly owing to the presence of major economies such as India, China, and Japan. China held the largest market share in 2016 and is expected to witness higher growth rate for strapping machines due to increasing purchasing power parity and growing packaging industry.
  • Key players in the market includes Dynaric Inc., Samuel Strapping Systems, Signode Packaging Systems Corporation, Fromm Holdings AG, Messersì Packaging S.r.l., Mosca GmbH, Polychem Corporation, MJ Maillis S.A., StraPack Inc., Strapex Group, Transpak Equipment Corp., and others. The major players in the market are working together to form joint venture, partnerships, collaborations which would enable them to maintain the market share over the forecast period.

Grand View Research has segmented the global strapping machine market based on product, material, application and region:

Strapping Machine Product Outlook (Revenue, USD Million; 2014 - 2025)

  • Semi-automatic
  • Automatic
  • Fully automatic

Strapping Machine Material Outlook (Revenue, USD Million; 2014 - 2025)

  • Steel
  • Polypropylene
  • Polyester

Strapping Machine Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Food & beverage
  • Consumer electronics
  • Household appliances
  • Newspaper & graphics
  • Others

Strapping Machine Regional Outlook (Revenue, USD Million; 2014 - 2025)

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

Linseed Oil Market Poised to Expand at a Robust Pace of USD 939 Million Over 2025

 The global linseed oil market is expected to be valued at USD 939 million by 2025, according to a new report by Grand View Research, Inc. Linseed oil is naturally derived from dried flax seeds by the process of pressing and solvent extraction. Increasing investments in plant facilities for the production of flaxseeds are projected to propel the market over the foreseeable period.

Linseed oil is largely used for manufacturing products such as paints, putty, wood finish, nutritional supplement, food processing, flooring, and linoleum. It is used as a drying oil in wood varnish finishing pigment binder in oil paints due to its fast drying, bonding, and film forming properties.

Linseed is rich in nutrition and fiber content along with vitamins and essential fatty acids, which increase its demand in the market in nutritional supplements industry. Increasing suppliers of flax are expected to drive the market over the coming years. Growing awareness regarding the use of flax oil for weight reduction, healthy hair, and dandruff removal is projected to propel the market growth.

The rising number of R&D activities and mergers & acquisitions carried out by companies, such as Archer Daniels Midland (ADM) Company, Cargill, Incorporated, and Henry Lamotte Oils GmbH, to enhance the product portfolio is projected to propel the market over the next eight years. Growing crop harvest, yield, and production of oil from flaxseed crop in the U.S. are projected to spur the North American regional segment.

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

Further key findings from the report suggest:

  • The global demand was valued at USD 720 million in 2016 and the market is expected to record a CAGR of 3.0% over the forecast period
  • Increasing awareness regarding the medical benefits offered by this oil as cancer & cellulite fighter and heart health booster is expected to propel the market growth
  • Paints & varnishes emerged as the largest application segment and generated a revenue of USD 211.09 million in 2016
  • The growing number of manufacturers and suppliers of flaxseeds for the production of linseed oil is anticipated to spur market growth over the forecast period
  • Regulation directives have been provided by Occupational, Safety & Health Administration (OSHA) in the U.S. for the industrial hygienists on extracting oil from flaxseeds
  • Asia Pacific was the significant regional segment in 2016 and is anticipated to hold a considerable share in the market, reporting an estimated CAGR of around 3.4% in terms of revenue over the forecast period
  • Increasing demand from paints and food processing end-use industries is projected to drive the Asia Pacific regional market
  • Growing demand from the U.S. and Canada for the product as a varnish for wooden products is projected to boost the industry
  • In September 2013, Cargill rebuilt and expanded its oilseed processing plant in West Fargo, which processes sunflower and canola seeds into edible oil for food processing business, flaxseed for linseed oil for industrial use, and protein meal for animal feed
  • Players operating in the market include Gustav Heess GmbH; Henry Lamotte Oils GmbH; Krishi Oils Limited; Cargill, Inc.; Archer Daniels Midland (ADM) Company; Natrol, LLC.; and Natural Factors, Inc.

Grand View Research has segmented the global linseed oil market on the basis of application and region.

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

  • Paints & varnishes
  • Flooring
  • Processed food
  • Cosmetics
  • Pharmaceuticals
  • Others

Regional Outlook (Volume, Thousand 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.

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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...