Thursday, 3 February 2022

Organic Rankine Cycle Market to Penetrate Untapped Regions During 2021 to 2028: Grand View Research Inc.

 Organic Rankine Cycle Market Growth & Trends

The global organic rankine cycle market size is expected to reach USD 926.3 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 20.3% from 2020 to 2028. The rise in the adoption of renewable energy in countries, such as the U.S., China, Germany, and Canada, is leading to the emergence of supportive regulations and provision of financial incentives for the deployment of renewable energy. Financial incentives such as feed-in-tariff, subsidies, and tax benefits are some of the major tools utilized by countries around the world to attract investment in the renewable energy sector. These factors are expected to propel the growth of the organic rankine cycle (ORC) market in the near future.

The supply chains of spare parts for ORC systems are majorly affected due to the shutdown of production facilities of the manufacturers. The manufacturing of most components in the energy and power sector is slowing down considerably. In addition, local and international travel restrictions, quarantine requirements, and lockdowns have caused delays in the shipment of already manufactured parts to be supplied to the distributors and end users. ORC manufacturers usually have access to an adequate supply of critical parts, devices, components, and materials for emergencies. But these companies are facing bottlenecks due to the limited production of supplies in countries severely affected by COVID-19.

The geothermal application segment led the market in 2020. This can be attributed to the large-scale megawatt capacity of these geothermal projects as compared to other application segments, such as biomass, waste heat recovery, and solar thermal. Each of the geothermal projects is usually of the capacity of more than 10 MW, whereas ORC-based projects in other application segments are not always of capacities equivalent to 10 MW and are generally less than 1 to 2 MW.

The ORC market is a concentrated market where major companies such as Ormat, Turboden, and Exergy accounted for more than 75.0% share in the market in 2020. These companies apart from equipment supply are also focusing on providing EPC and long-term maintenance services to enhance their market share further. This factor is expected to help these companies maintain their lead in the market in the forecast period.

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Organic Rankine Cycle Market Report Highlights

  • By application, the geothermal segment held the largest revenue share in 2020. Geothermal projects are usually of higher capacity as compared to biomass and waste heat recovery projects. The growth of the segment is also attributed to the deployment of large-scale geothermal projects in recent years
  • In 2020, Europe accounted for the largest revenue share of over 45.0%. The European region has been one of the front runners in implementing favorable policies and support mechanisms for the growth of renewable energy and energy efficiency projects across the globe. This has resulted in making Europe a dominant regional market
  • Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, in February 2020, Turboden signed a contract to provide the Meadow Lake Tribal Council (MLTC), Canada with an 8000 kW ORC power generation system, which uses sawmill residual woody biomass as a fuel

Access Press Release@ https://www.grandviewresearch.com/press-release/global-orc-market

Organic Rankine Cycle Market Segmentation

Grand View Research has segmented the global organic rankine cycle market based on application and region:

Organic Rankine Cycle (ORC) Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Waste Heat Recovery
  • Biomass
  • Geothermal
  • Solar Thermal

Organic Rankine Cycle (ORC) Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • Turkey
    • Italy
  • Asia Pacific
    • China
    • Japan
    • Thailand
  • Central & South America
  • Middle East & Africa

List of Key Players of Organic Rankine Cycle Market

  • Turboden S.p.A.
  • Exergy S.p.A.
  • Zhejiang Kaishan Compressor Co., Ltd.
  • Ormat
  • TAS
  • Elvosolar, a.s.
  • General Electric
  • INTEC GMK
  • Enogia SAS

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.

Electrical Steel Market Advanced Technologies and Growth Opportunities Worldwide By 2028

 Electrical Steel Market Growth & Trends

The global electrical steel market size is expected to reach USD 34.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.9% from 2021 to 2028. The growing need for power generation has augmented the demand for transformers, generators, and other such products that require electrical steel to deliver enhanced performance.

Electrical steel is an iron alloy that contains varying amounts of silicon. Based on its composition and application, it is also referred to as lamination steel, silicon steel, transformer steel, and relay steel. Its phenomenal magnetic properties make it of vital use in rotating and static machines.

Based on product, the market is segmented into grain-oriented and non-grain-oriented. The non-grain-oriented segment is anticipated to maintain its dominance over the forecast period owing to its widespread applications in all stages of the energy value chain from generators to appliances. The grain-oriented electrical steel mainly finds application in transformers. It is expected to register faster growth across the forecast period on account of growing production capacity for transformers.

Based on application, the transformer segment dominated the market in 2020 and this trend is expected to continue during the forecast period. On account of the growing expansion of electricity grids worldwide and rising government focus towards rural electrification, the demand for transformers has accelerated. For example, in February 2021, Sylvan Technologies Limited began manufacturing power transformers. This production will help reduce Bangladesh’s dependence on imports and play a vital role in ensuring 100% electrification in the country.  

Based on region, Asia Pacific held the largest revenue share of the market in 2020 and is anticipated to maintain its dominance across the forecast period. Growing electricity generation and rising production of electric vehicles in the region have augmented the need for products including transformers, generators, and motors. The increase in manufacturing of these products in turn is anticipated to boost the consumption of electrical steel over the forecast period.

Considering the huge potential growth in the electric vehicles market, companies from different industries are expressing interest in electric car manufacturing. For instance, in March 2021, Xiaomi announced that it plans to produce electric vehicles in partnership with Great Wall Motor. The company expects to launch its electric vehicles around 2023. 

Growth in the end-use industries has made the market highly competitive. The market players are engaged in developing new grades, increasing their production, and expanding their reach to cater to the growing demand for the product. For instance, in March 2021, ArcelorMittal announced to invest a sum of EUR 13 million (~USD 15.9 million) in its Saint Chély d’Apcher plant in France, which manufactures iCARe electrical steel for the automotive sector.

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Electrical Steel Market Report Highlights

  • The grain-oriented electrical steel segment is anticipated to register a CAGR of 5.5%, in terms of revenue, over the forecast period. The growth can be attributed to the increasing production of transformers
  • The motor segment is anticipated to register a CAGR of 5.2%, in terms of revenue, over the forecast period. The increasing production of electric vehicles has accelerated the manufacturing of electric motors, which in turn is expected to augment the demand for electrical steel over the coming years
  • Europe is anticipated to register a CAGR of 5.5%, in terms of revenue, over the forecast period. Increasing sales of electric vehicles in the region has attracted foreign companies to set up factories in Europe, which, in turn, is expected to boost the consumption of electrical steel in the region
  • Asia Pacific accounted for a revenue share of over 71.0% in 2020 of the global market. Focus on rural electrification in developing economies of the region is expected to augment the need for transformers and eventually consumption of electrical steel in coming years

Access Press Release@ https://www.grandviewresearch.com/press-release/global-electrical-steel-market

Electrical Steel Market Segmentation

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

Electrical Steel Product Outlook (Volume, Kilotons, Revenue, USD Million, 2017 - 2028)

  • Grain oriented electrical steel
  • Non-grain oriented electrical steel

Electrical Steel Application Outlook (Volume, Kilotons, Revenue, USD Million, 2017 - 2028)

  • Transformer
  • Motor
  • Inductor
  • Other

Electrical Steel Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Electrical Steel Market

  • ArcelorMittal
  • Cleveland-Cliffs Corporation
  • JFE Steel Corporation
  • Nippon Steel Corporation
  • POSCO
  • Tata Steel
  • thyssenkrupp AG

About Grand View Research

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

Medical Textiles Market to Witness a Pronounce Growth During 2021 – 2028: Grand View Research Inc.

 Medical Textiles Market Growth & Trends

The global medical textiles market size is expected to reach USD 26.21 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.5% from 2021 to 2028. The emergence of new areas of applications of medical textiles, along with the development of new fibers and manufacturing technologies for yarn and fabrics, is expected to bolster the market growth over the forecast period.

Medical textile manufacturers are significantly investing in the research and development of new cost-effective methods to protect both the patients and hospital staff from viruses, bacteria, and body fluid invasions in operating room environments. This, in turn, is expected to positively influence the market growth over the forecast period.

The COVID-19 outbreak in 2020 has exponentially increased the demand for medical textiles, especially nonwoven fabrics, which are used for the production of face masks, gowns, and other PPE products. Moreover, nonwoven fabrics witness higher growth owing to their vapor transmission capacity, higher bacterial resistance, and higher strength compared to other fabrics.

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Medical Textiles Market Report Highlights

  • Based on product, the non-woven segment accounted for the largest revenue share of over 65.0% in 2020. The segment is also expected to witness the fastest growth over the forecast period due to the low production cost and enhanced penetration in the healthcare and hygiene products
  • By application, the healthcare and hygiene products segment dominated the market in 2020 with a revenue share of over 45.0% owing to a strong rise in the demand for personal protective equipment, such as face masks, surgical gowns, and protective suits, amid the COVID-19 outbreak
  • The non-implantable goods application segment is expected to expand at a revenue-based CAGR of 4.4% from 2021 to 2028 owing to the growing emphasis by governments and health organizations across several countries on the adoption of first-aid facilities at various institutions
  • Asia Pacific dominated the market in terms of revenue in 2020 owing to the exponential demand for raw materials from the personal protective equipment industry amid the COVID-19 pandemic
  • Industry participants are expanding their production capacities, especially for non-woven medical textiles, to cater to a sudden spike in raw materials demand for personal protective equipment manufacturing amid the COVID-19 pandemic

Access Press Release@ https://www.grandviewresearch.com/press-release/global-medical-textiles-market

Medical Textiles Market Segmentation

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

Medical Textiles Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Woven
  • Knitted
  • Non-woven
  • Others

Medical Textiles Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Implantable Goods
  • Non-implantable Goods
  • Healthcare & Hygiene Products
  • Other Applications

Medical Textiles Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Medical Textiles Market

  • Atex Technologies, Inc.
  • Life-Threads
  • Careismatic Brands
  • Bally Ribbon Mills
  • Freudenberg & Co. KG
  • Trelleborg AB
  • Indorama Corporation
  • Herculite
  • PurThread Technologies, Inc.
  • Fitesa
  • Schouw & Co.
  • Kimberly-Clark Corporation

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 February 2022

Curcumin Market to Grow at CAGR of 16.1% through 2028: Grand View Research Inc.

 

Curcumin Market Growth & Trends

The global curcumin market size is expected to reach USD 191.89 million by 2028, expanding at a CAGR of 16.1%, according to a new report by Grand View Research, Inc. Product demand is anticipated to be propelled by its increasing application in numerous industries including food, cosmetics, and pharmaceutical. It possesses valuable anti-oxidation and anti-inflammatory properties, emerging as a go-to pain relief choice for patients suffering from arthritis and osteoarthritis.

Rising awareness among consumers, particularly in developed countries including U.S., Germany, and Denmark, is likely to further fuel the demand for curcumin over the next eight years. It is an active component of turmeric, which is extracted from the Curcuma longa plant. The trend of increasing demand for ayurvedic medicinal formulations in numerous countries is observed, and this trend is projected to significantly benefit the curcumin market over the forecast period.

Curcumin or turmeric is widely used in cosmetic products. In India, turmeric is a key ingredient in several Ayurveda medicines. It is used to treat acne and eczema, prevent and heal dry skin, and slow down the aging process. Natural cleansers, including milk, when blended with turmeric, serve as useful natural cosmetics. These cosmetics are used to achieve glowing skin, and control and reduce the formation of wrinkles and lines.

Curcumin finds applications in food, cosmetics, pharmaceutical, including dye-sensitized PV technology, and textiles. In 2019, pharmaceutical was the largest application segment in terms of both volume and revenue, accounting for over half of the share, owing to the rising requirement for curcumin-based OTC supplements. Product demand from the food industry has also increased in terms of volume owing to the growing demand for natural flavoring and coloring substances.

Key industry participants include SV Agrofood, Wacker Chemie AG, Arjuna Natural Extracts Ltd., and Synthite Industries Ltd. In March 2016, Arjuna Natural Extracts Ltd. invested around USD 1.5 million in the research and development of proactive curcumin. Turmeric is also used for dyeing numerous fabrics including cotton, silk, and wool for a yellowish shade, which is likely to create market opportunities.

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Curcumin Market Report Highlights

  • In Europe, the application of curcumin in the pharmaceuticals sector accounted for a share of 57.2% in terms of revenue in 2019 owing to increasing focus on the marketing of capsules/tablets that offer aid to the immune system, joint, and digestive health
  • In Europe, the market is anticipated to witness the fastest CAGR from 2020 to 2027 and is projected to reach USD 41.8 million in 2027 owing to its wide range of applications in the pharmaceutical industry
  • In Asia Pacific, the curcumin market is anticipated to witness the second-fastest growth rate from 2020 to 2027. The region is estimated to have more demand owing to the high consumption of turmeric in food products
  • North America was the largest regional market in 2019, with a value of USD 73.8 million. Growing demand for processed food products and curcumin-based health supplements is expected to drive demand in this region
  • Health issues due to the incorporation of synthetic ingredients in medicines, food, and cosmetics are the major reasons for influencing manufacturers to adopt natural ingredients in product formulation, which is likely to drive the market

Access Press Release@ https://www.grandviewresearch.com/press-release/curcumin-market

Curcumin Market Segmentation

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

Curcumin Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

  • Pharmaceutical
  • Food
  • Cosmetics
  • Others

Curcumin Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Poland
    • Russia
    • Denmark
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Malaysia
    • Indonesia
    • Thailand
    • South Korea
    • Vietnam
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

List of Key Players of Curcumin Market

  • WackerChemie AG
  • BioMaxLifesciences Ltd.
  • Synthite Industries Ltd.
  • Hindustan Mint & Agro Products Pvt. Ltd.
  • Arjuna Natural Extracts Ltd.
  • SV Agrofood
  • Star Hi Herbs Pvt. Ltd.
  • Herboveda India Pvt. Ltd.
  • Helmigs Prima Sehejtera P.T.
  • Tri Rahardja PT/Javaplant
  • Konark Herbals & Healthcare
  • Rosun Natural Products Pvt. Ltd.

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.

For More Information: www.grandviewresearch.com

Packaging Machinery Market is Likely To Touch USD 59.24 Billion by 2028: Grand View Research Inc.

 Packaging Machinery Market Growth & Trends

The global packaging machinery market size is expected to reach USD 59.24 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2021 to 2028. The rising demand for packaged food and beverages, coupled with the growing pharmaceutical and personal care industries, is expected to drive the demand for packaging machinery over the forecast period.

The growing popularity of single-serve bag sizes and smaller portions has increased the demand for high-speed and efficient packaging machines. Moreover, with the consumer-driven demand for a wide range of products in different packaging sizes and shapes, there is an increasing demand for flexible packaging machines that can adapt to different products and pack styles.

Consumers and retailers are increasingly demanding sustainable packaging styles resulting in the machine manufacturers requiring to work closely with material suppliers to test new materials and make necessary modifications to the machine. Moreover, with the rapid developments in retail packaging formats, the demand for faster and more flexible machines has increased.

The market is expected to witness growth in the years to come on account of the rising demand for personal care and medical products, such as hand sanitizers, soaps, face masks, and gloves, despite the supply chain disruptions caused due to the COVID-19 pandemic. In addition, lockdowns and movement restrictions have further increased the demand for packaged food.

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Packaging Machinery Market Report Highlights

  • By machine type, the form-fill-seal segment is anticipated to expand at the fastest CAGR of 5.2% over the forecast period on account of the increasing popularity of flexible packaging, coupled with the rising demand for single-serve and small portion packs
  • The food end-use segment accounted for the largest share of over 35.0% in 2020 owing to the increasing demand for packaged food products attributed to the changing lifestyles, increasing disposable income, and the growing middle-class population
  • The North American market is likely to expand at a CAGR of 3.2% from 2021 to 2028 due to the increasing demand for highly automated and integrated machines, coupled with the favorable packaging and labeling regulations in the region
  • The market in China is anticipated to expand at a CAGR of 5.3% over the forecast period owing to the growing focus on improving productivity, coupled with the favorable government policies focusing on technology and machinery upgrades
  • In June 2020, Hugo Beck Maschinen bau GmbH & Co. KG. launched two machines, namely PB 800 E-Com and flexo 700 E-Com, which are explicitly designed to cater to the demand for e-commerce packaging

Access Press Release@ https://www.grandviewresearch.com/press-release/global-packaging-machine-market

Packaging Machinery Market Segmentation

Grand View Research has segmented the global packaging machinery market on the basis of machine type, end-use, and region:

Packaging Machinery Machine Type Outlook (Revenue, USD Billion, 2017 - 2028)

  • Filling
  • Labeling
  • Form-Fill-Seal
  • Cartoning
  • Wrapping
  • Palletizing
  • Bottling Line
  • Others

Packaging Machinery End-use Outlook (Revenue, USD Billion, 2017 - 2028)

  • Beverages
  • Food
  • Chemicals
  • Personal Care
  • Pharmaceuticals
  • Others

Packaging Machinery Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Packaging Machinery Market

  • KHS Group
  • SIG Combibloc Group Ltd.
  • Tetra Laval International S.A.
  • Krones AG
  • M.A. Industria Macchine Automatiche S.p.A.
  • Syntegon Technology GmbH
  • ProMach
  • GEA Group Aktiengesellschaft
  • Sacmi
  • Bradman Lake Ltd.
  • ROVEMA GmbH
  • Douglas Machine Inc.
  • Coesia S.p.A
  • Maillis Group
  • Duravant

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.

Mining Chemicals Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

 Mining Chemicals Market Growth & Trends

The global mining chemicals market size is estimated to reach USD 15.57 billion by 2028, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Factors, such as rising demand for minerals and increasing mining and water treatment activities, are likely to drive the demand for the product over the forecast period.

The demand for mining activities across the globe is rising owing to increasing infrastructural developments and automotive production and growing demand for minerals. The mining market includes the sales of metals and minerals and other valuable materials, such as coal, stone, sand, and gravel, which are extracted from the earth’s crust.

The manufacturers in the market are focusing on adopting different strategies, such as expansions, joint ventures, acquisitions, new product launches, agreements, and partnerships, to obtain a high market share. Key stakeholders in the industry are inclined towards the development and innovation of novel products and consequently are planning significant investments for R&D activities.

Manufacturers have personal R&D centers dedicated to development purposes and are inclined towards forming alliances with various research organizations and institutes to achieve optimized results. Industry participants maintain strong relationships with international as well as local suppliers and distributors to maintain a consistent sales flow of products throughout the year.

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Mining Chemicals Market Report Highlights

  • In 2020, iron emerged as the fastest-growing ore type segment with a CAGR of more than 6%. The growing demand for iron ore in different industries including wastewater and petroleum is expected to fuel the segment growth
  • The solvent extractants segment is a prominent product segment, in terms of growth rate, as solvent extractants offer protection against oxidative degradation and offer excellent operational reliability
  • The explosives & drilling segment is projected to grow at the highest CAGR from 2021 to 2028. The increasing need for minerals and metals is expected to augment the demand for mineral extraction over the forecast period
  • Water treatment is expected to be the second-highest application segment from 2021 to 2028, in terms of growth rate, due to the increasing demand for major commodities, such as iron ore and copper
  • Asia Pacific is estimated to be the fastest-growing regional market from 2021 to 2028 owing to the increasing foreign investments in emerging countries, including China and India, which have contributed to the regional market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-mining-chemicals-market

Mining Chemicals Market Segmentation

Grand View Research has segmented the global mining chemicals market on the basis of ore type, application, and region:

Mining Chemicals Ore Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Powder Gold
    • Collectors
    • Coatings
    • Flocculants
    • Grinding Aids
    • Solvent Extractants
    • Dust suppressants
    • Defoamers
    • Antiscalants
    • Biocides
    • Lubricants
    • Frothers
    • Others
  • Iron
    • Collectors
    • Coatings
    • Flocculants
    • Grinding Aids
    • Solvent Extractants
    • Dust suppressants
    • Defoamers
    • Antiscalants
    • Biocides
    • Lubricants
    • Frothers
    • Others
  • Copper
    • Collectors
    • Coatings
    • Flocculants
    • Grinding Aids
    • Solvent Extractants
    • Dust suppressants
    • Defoamers
    • Antiscalants
    • Biocides
    • Lubricants
    • Frothers
    • Others
  • Phosphate
    • Collectors
    • Coatings
    • Flocculants
    • Grinding Aids
    • Solvent Extractants
    • Dust suppressants
    • Defoamers
    • Antiscalants
    • Biocides
    • Lubricants
    • Frothers
    • Others
  • Others
    • Collectors
    • Coatings
    • Flocculants
    • Grinding Aids
    • Solvent Extractants
    • Dust suppressants
    • Defoamers
    • Antiscalants
    • Biocides
    • Lubricants
    • Frothers

Mining Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Mineral Processing
  • Explosives & Drilling
  • Water Treatment
  • Stockpiles
  • Mine Haul Roads
  • Surface Mining
  • Underground Mining
  • Others

Mining Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Mining Chemicals Market

  • Ashland, Inc.
  • The Dow Chemical Company
  • Chevron Phillips Chemical Company
  • BASF SE
  • Exxon Mobil Corp.
  • Cytec Solvay Group
  • Air Products and Chemicals, Inc.
  • Cheminova A/S
  • Akzo Nobel
  • NASACO
  • Beijing Hengju
  • Clariant AG
  • ArrMaz
  • Orica

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.

Industrial Fasteners Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

 Industrial Fasteners Market Growth & Trends

The global industrial fasteners market size is expected to reach USD 119.01 billion by 2028, registering a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing mechanization and growing utilization of machinery in industrial applications are expected to drive the product demand during the forecast period.

Wide product portfolio and commercial availability of application-specific bonding fasteners have propelled the market growth. In addition, innovations in dimension and materials used in fastening products have augmented their demand in industrial machinery manufacturing. Developments in fastening technology to reduce the overall weight of the machine are expected to introduce substitute products for fasteners, which is likely to have a positive impact on the market growth.

The automotive application segment accounted for the largest revenue share of the market in 2020 and is expected to continue its dominance over the forecast period. The growing demand for Electric Vehicles (EVs) is expected to boost automotive production across the globe, which, in turn, will support market growth.

Key players, such as Decker Industries Corp., Acument Global, and Dokka, are acquiring production facilities as a part of business strategies to enhance their scope of operations. Moreover, technological advancements in the products are considered by these players to increase product penetration in industrial manufacturing applications.

Request a free sample copy or view report summary: Industrial Fasteners Market Report

Industrial Fasteners Market Report Highlights

  • The demand for plastic fasteners in Europe is expected to expand at a CAGR of 4.3% over the forecast period, owing to the increasing product penetration in the automotive industry to replace metal fasteners
  • Externally threaded fasteners held the highest market share in China on account of their high demand from the industrial machinery manufacturing and consumer appliances application segments
  • The product demand in the building and construction sector in Germany was significant in 2020; however, it is likely to get affected due to the rising substitution by adhesives and sealants
  • Globally, automotive applications accounted for the largest revenue share in 2020. The segment is expected to further ascend owing to the rise in production of EVs
  • Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, joint venture, capacity expansion, new product development, promotion of key product brands, and significant investments in R&D

Access Press Release@ https://www.grandviewresearch.com/press-release/global-industrial-fasteners-market

Industrial Fasteners Market Segmentation

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

Industrial Fasteners Raw Material Outlook (Revenue, USD Million, 2017 - 2028)

  • Metal
  • Plastic

Industrial Fasteners Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Externally Threaded
  • Internally Threaded
  • Non-threaded
  • Aerospace-grade

Industrial Fasteners Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Automotive
  • Aerospace
  • Building & Construction
  • Industrial Machinery
  • Home Appliances
  • Lawn & Gardens
  • Motors & Pumps
  • Furniture
  • Plumbing Products
  • Others

Industrial Fasteners Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Malaysia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

List of Key Players of Industrial Fasteners Market

  • Arconic Fastening Systems and Rings
  • Acument Global Technologies, Inc.
  • ATF, Inc.
  • Dokka Fasteners AS
  • LISI Group - Link Solutions for Industry
  • Nippon Industrial Fasteners Company (Nifco)
  • Hilti Corporation
  • MW Industries, Inc.
  • Birmingham Fastener and Supply, Inc.
  • SESCO Industries, Inc.
  • Elgin Fastener Group LLC
  • Rockford Fastener, Inc.
  • Slidematic Precision Components, Inc.
  • Manufacturing Associates, Inc.
  • Eastwood Manufacturing
  • Brunner Manufacturing Co., Inc.
  • Decker Industries Corporation
  • Penn Engineering & Manufacturing Corporation
  • EJOT
  • Illinois Tool Works, Inc.
  • Stanley Black & Decker, Inc.
  • KOVA Fasteners Pvt. Ltd.
  • Standard Fasteners Ltd.
  • Precision Castparts Corp.

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.

Petrochemicals Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2028

 Petrochemicals Market Growth & Trends

The global petrochemicals market size is estimated to reach USD 860.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. The market is largely driven by rising demand for downstream specialty chemicals and plastic manufacturing. The market is expected to witness steady growth over the forecast period owing to increasing demand from end-use industries such as construction, industrial, textile, medical, pharmaceuticals, consumer good automotive, and electronics.

Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products. The volatile prices of crude oil are a major challenge in the procurement process of crude oil as a raw material for product manufacturers. The industry players that are reliant on crude oil as a feedstock for manufacturing are likely to face difficulties in the coming years.

The competitive rivalry among producers of petrochemicals is high as the market is characterized by the presence of a large number of global players with strong distribution networks. Top players have been dominating the industry for the past few years owing to increasing investments in R&D activities related to new product development and manufacturing processes.

Asia Pacific was the dominating region in 2020 and is predicted to witness the highest CAGR over the forecast period. Factors such as increasing crude oil refining capacity, growing population, and improving standard of living of the masses are expected to fuel the growth of the market in Asia Pacific in the coming years.

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

Petrochemicals Market Report Highlights

  • In 2020, ethylene emerged as the dominant product segment by contributing over 40.7% revenue share as it is majorly utilized for the formulation of various derivatives such as ethylene oxide, polyethylene, Ethylene Dichloride (EDC), ethylbenzene, and styrene
  • Polyethylene was the major application of ethylene product amounting for 64.1% of the revenue share. The consumption of polyethylene is driven by the rising demand for High-density Polyethylene (HDPE) for blow molding across the globe
  • Butadiene was the second-largest product segment in 2020 and is expected to witness a CAGR of 5.9% in the coming years as it is a key building block used in the manufacturing of several chemicals and materials employed in industries such as consumer durables, healthcare, and building and construction
  • Asia Pacific was the dominating region both in terms of revenue and volume owing to increasing demand for petrochemicals from various end-use industries including transportation, packaging, and construction

Access Press Release@ https://www.grandviewresearch.com/press-release/global-petrochemical-market

Petrochemicals Market Segmentation

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

Petrochemicals Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2017 - 2028)

  • Ethylene
    • Polyethylene
    • Ethylene oxide
    • EDC
    • Ethyl benzene
    • Other (including alpha olefins, vinyl acetate, etc.)
  • Propylene
    • Polypropylene
    • Propylene oxide
    • Acrylonitrile
    • Cumene
    • Acrylic acid
    • Isopropanol
    • Other
  • Butadiene
    • SB Rubber
    • Butadiene rubber
    • ABS
    • SB latex
    • Other (nitrile rubber, mechanical belts, etc.)
  • Benzene
    • Ethyl benzene
    • Phenol/cumene
    • Cyclohexane
    • Nitrobenzene
    • Alkyl benzene
    • Other (including alkyl benzene, maleic anhydride)
  • Xylene
  • Toluene
    • Benzene
    • Xylenes
    • Solvents
    • TDI
    • Others (including pesticides, drugs, nitro toluene, etc.)
    • Vinyl
    • Styrene
  • Polystyrene
    • EPS
    • ABS
    • SB latex
    • UPR
    • SB rubber
    • Other
  • Methanol
    • Formaldehyde
    • Gasoline
    • Acetic acid
    • MTBE
    • Dimethyl ether
    • MTO/MTP
    • Other

Petrochemicals Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2017 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • Belgium
    • Netherlands
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
  • Latin America
    • Brazil
  • Middle East
  • Africa

List of Key Players of Petrochemicals Market

  • BASF SE
  • Chevron Corporation
  • China National Petroleum Corporation (CNPC)
  • China Petrochemical Corporation (SINOPEC)
  • ExxonMobil Corporation
  • INEOS Group Ltd.
  • LyondellBasell Industries Holdings B.V.
  • Royal Dutch Shell PLC
  • SABIC
  • Dow

About Grand View Research

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

Tuesday, 1 February 2022

Nutraceuticals Market Latest Innovations, Drivers and Industry Key Events 2021 – 2030: Grand View Research Inc.

 

Nutraceuticals Market Growth & Trends

The global nutraceuticals market size is expected to reach USD 991.09 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.0% from 2021 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in costs on pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils in order to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

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

Nutraceuticals Market Report Highlights

  • In the functional foodproduct segment, the prebiotics and probiotics segment is projected to witness significant growth over the forecast period owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria
  • Vitamins and minerals together held a significant revenue share in 2021 owing to increasing consumer interest in the relationship between diet and health, which, in turn, has increased the product demand
  • In the dietary supplementproduct segment, vitamins emerged as the largest segment in 2021. The segment is expected to witness significant growth in the coming years
  • In terms of product, the functional food segment accounted for the largest revenue share in 2021. Rising healthcare costs, coupled with the increasing geriatric population across the world, is anticipated to assist the segment growth over the forecast period
  • Asia Pacific held the largest revenue share in 2021. The expansion of the retail chain in countries such as India, Japan, and China has increased the rate of dietary supplements and functional food consumption in this region
  • The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

Access Press Release@ https://www.grandviewresearch.com/press-release/global-nutraceuticals-market

Nutraceuticals Market Segmentation

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

Nutraceuticals Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Dietary Supplements
  • Functional Food
  • Functional Beverages

Nutraceuticals Dietary Supplements Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Vitamins
  • Botanicals
  • Minerals
  • Proteins & Amino Acids
  • Fibers & Specialty Carbohydrates
  • Omega Fatty Acids
  • Others

Nutraceuticals Functional Food Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Carotenoids
  • Dietary Fibers
  • Fatty Acids
  • Minerals
  • Prebiotics & Probiotics
  • Vitamins
  • Others

Nutraceuticals Functional Beverages Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Energy Drinks
  • Sports Drinks
  • Functional Juices
  • Infants
  • Others

Nutraceuticals Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa

List of Key Players of Nutraceuticals Market

  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • DuPont
  • Nestle S.A.
  • Danone
  • Royal DSM N.V.
  • General Mills
  • Innophos
  • WR Grace
  • Amway Corporation
  • AOR Canada
  • Arkopharma Laboratories S.A.
  • Bactolac Pharmaceuticals, Inc.
  • I.D Parry Ltd.
  • Valensa International
  • Matsun Nutrition
  • Mead Johnson Nutrition Company
  • Natrol Inc.
  • The Hain Celestial Group, Inc.
  • Herbalife Ltd.

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.

Industrial Hemp Market Strong Application and Emerging Trends also Scope by 2028: Grand View Research Inc.

 Industrial Hemp Market Growth & Trends

The global industrial hemp market size is expected to reach USD 12.01 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.2% from 2021 to 2028. The upscaling utilization of hemp oil in food and beverage products for its dietary benefits is expected to increase the demand for hemp over the forecast period.

Population growth, coupled with the rising per capita disposable income, is expected to result in the increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products. These factors are expected to drive the market over the projected period.

Industrial hemp cultivation, harvesting, and processing are associated with increasing research and development activities to develop new genetic improvements, perfect agronomy, improved technologies to obtain a high yield, and premium quality products. Moreover, investments in research & development for enhanced performance in cancer treatments have offered growth prospects to the hemp industry.

Industrial hemp is an agricultural commodity and is highly dependent on climatic conditions, regulatory tolerance, and the availability of labor. Countries such as China, the world’s leading producer of hemp, have never restricted hemp production and have an advantage of inexpensive labor. However, oversupply is likely to be a major concern for the manufacturers over the forecast period.

Request a free sample copy or view report summary: Industrial Hemp Market Report

Industrial Hemp Market Report Highlights

  • Based on product, seeds accounted for the largest volume share of over 40.0% in 2020 owing to the ascending demand for hemp grain to obtain seed, oil, and food matter for the food and nutraceutical markets on account of the high fatty acid content and nutritional value
  • By application, the textilessegment held the largest revenue share in 2020 on account of the strong, hypo-allergic, and UV light resistant characteristics of hemp fibers
  • The personal care application segment accounted for the second-largest revenue share in 2020 owing to the high consumption of hemp oil in the body and personal hygiene products, including soap, shampoo, body lotions, and hair care products
  • The market in North America is expected to register the fastest volume-based CAGR of 21.2% over the forecast period owing to the rising demand for hemp in the automotive industry for manufacturing panels and as an alternative to fiberglass
  • Major players in the industry focus on research & development activities to develop new varieties of the crop, full utilization of hemp crop, processing methods, and technologies used for processing to gain a greater market share

Access Press Release@ https://www.grandviewresearch.com/press-release/global-industrial-hemp-market

Industrial Hemp Market Segmentation

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

Industrial Hemp Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Seeds
  • Fiber
  • Shives

Industrial Hemp Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Animal Care
  • Textiles
  • Automotive
  • Furniture
  • Food & Beverages
  • Paper
  • Construction Materials
  • Personal Care
  • Others

Industrial Hemp Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Industrial Hemp Market

  • Parkland Industrial Hemp Growers Cooperative Ltd.
  • CBD Biotechnology Co.
  • Botanical Genetics, LLC
  • Marijuana Company of America Inc.
  • HempMeds Brasil
  • Terra Tech Corp.
  • American Cannabis Company, Inc.
  • HempFlax B.V.
  • Industrial Hemp Manufacturing, LLC
  • American Hemp
  • Hemp, Inc.
  • Boring Hemp Company
  • Plains Industrial Hemp Processing Ltd.
  • Ecofiber Industries Operations
  • Valley Bio Limited

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...