Silicone Surfactants Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Silicone Surfactants Market Growth & Trends

The global silicone surfactants market size is expected to reach USD 2.59 billion by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 4.6% from 2023 to 2030. This is attributed to the growing utilization of silicone surfactants in personal care and home care formulations. Rising consumer awareness and increasing preference for bio-based products are expected to boost market growth in the near future.

The market is established with the growing demand for the product from various end-use industries including agriculture, textile, automobile, construction, and paints and coatings. Water-soluble type dominated the market in 2022 due to the growing utilization of the product from the agriculture industry, especially in the formulations of fertilizers. Furthermore, the oil-soluble type has restrictions due to its unsuitability for all skin types.

Asia Pacific is a prominent region for silicone surfactants due to the presence of several manufacturers catering to various end-user industries including agriculture, textile, and automobile, along with the high scope for R&D activities in emerging economies of the region. Furthermore, there is an increasing demand for paints and coating products from developing countries such as China and India, which also contributes to market growth.

During the COVID-19 pandemic, the market has witnessed a notable drop in terms of both volume and revenue as personal care and cosmetics production came to a halt globally. Similarly, the construction and paints and coatings industries observed loss during the pandemic. However, post-pandemic, the personal care, home care, construction, and automotive industries witnessed a surge in production, thus triggering product demand.

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Silicone Surfactants Market Report Highlights

• The foaming agent application segment is expected to exhibit the fastest CAGR of 5.1% during the forecast period on the account of increasing use of surfactants in manufacturing home care and personal care products and growing usage in the agriculture industry
• The oil-soluble type segment will expand at a significant CAGR of 4.7% during the forecast period due to its use in drilling fluids as it provides high viscosity and higher surface tension
• The paints and coatings end-use segment is expected to register the fastest CAGR of 5.1% during the forecast period owing to the enhanced workability of paints and coatings by providing longer retention and higher dispersion
• Europe is expected to expand at the fastest growth rate of 5.1% during the forecast period. The region is home to many cosmetics and personal care companies, thus has thriving opportunities for silicone surfactant players as the demand for bio-based products is growing
• Asia Pacific is expected to grow significantly during the forecast period because of the easy raw material availability and the presence of various end-use manufacturers
• Key players are constantly involved in new product development and strategic initiatives in order to gain a competitive edge in the market

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Silicone Surfactants Market Segmentation

Grand View Research has segmented the global silicone surfactants market based on application, type, end-use, and region:

Silicone Surfactants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Emulsifiers
• Foaming Agents
• De-foaming Agents
• Wetting Agents
• Dispersants
• Others

Silicone Surfactants Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Water-soluble
• Oil-soluble

Silicone Surfactants End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Personal Care
• Construction
• Textile
• Paints & Coatings
• Agriculture
• Others

Silicone Surfactants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Silicone Surfactants Market

• DOW Inc.
• Innospec
• Momentive
• Elkem Silicones
• Shin-Etsu Chemical Co., Ltd.
• Evonik Industries AG
• Andisil
• Supreme Silicones
• Siltech 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.

Global Demand for Chocolate Syrup Market Increasing in Most Part of World 2030

 Chocolate Syrup Market Growth & Trends

The global chocolate syrup market size is expected to reach USD 12.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.8% from 2022 to 2030. The increasing snacking trend and willingness to try more sweet and salty flavors in desserts have accelerated the demand for chocolate syrups. According to The Hershey Company, about 80% of consumers say chocolate is their favorite dessert flavor, and chocolate syrups from Hershey’s brand appeal to them.

Increasing inclination towards healthy eating is driving the demand for dark chocolate and organic chocolate syrups. To meet customer expectations, major chocolatiers are crafting limited-edition bittersweet flavors in chocolate syrups using single-origin cocoa from major global cocoa-producing areas like Ghana, Madagascar, Colombia, Dominican Republic, Ecuador, Sao Tome & Principe, Ivory Coast, and Venezuela. Further, market players such as Nestlé and The Hershey Company are focusing on innovating a low or no-sugar better-for-you portfolio in chocolate syrups with 30% less sugar variants.

The conventional chocolate syrup accounted for a significant share of the global revenue for 2021 and is expected to maintain dominance over the forecast period. The growing availability of several flavors such as dark chocolate, and white chocolate among others and the taste & flavor associated with them are driving the consumption of conventional chocolate syrups. Further, dark chocolate is becoming more popular among consumers due to its high cocoa content and flavonoids known as flavanols which are linked to a lower risk of heart disease.

The B2C distribution channel contributed a majority of the share to become the largest division in the global revenue in 2021. The offline stores including supermarkets, hypermarkets, specialty stores, and convenience stores provide dedicated shelf spaces that offer different varieties of chocolate syrups. The increase in penetration of major supermarkets & hypermarkets across the globe is gaining the attention of the consumers for the purchase of chocolate syrups from prominent brands, which is expected to provide significant growth opportunities in the upcoming years.

The chocolate syrup market is consolidated in nature with the presence of a large number of international players and a few regional players.

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Chocolate Syrup Market Report Highlights

• Europe is expected to contribute a significant share to become the largest division in 2021 owing to the presence of major product manufacturers and an increasing number of consumers in economies including Germany, France, Switzerland
• The organic chocolate syrup is anticipated to grow at a faster CAGR of 5.6% as consumers now prefer to incorporate ingredients that improve their health into their normal diet including gluten-free, and vegan
• The B2B segment is anticipated to grow with the fastest CAGR of 5.1% owing to the growing consumption of desserts from café, restaurants, and other food service outlets

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Chocolate Syrup Market Segmentation

Grand View Research has segmented the global chocolate syrup market based on type, distribution channel, and region:

Chocolate Syrup Type Outlook (Revenue, USD Million, 2017 - 2030)

• Conventional
• Organic

Chocolate Syrup Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• B2C
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
• B2B

Chocolate Syrup Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Chocolate Syrup Market

• The Hershey's Company
• Nestlé
• The Kroger Co.
• The J.M. Smucker Company
• Torani
• Bosco
• Hollander Chocolate, Inc
• Walder Farms
• Amoretti
• Gold's Pure Foods, LLC.

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.

Asia Pacific Carbon Dioxide Market to Reflect Impressive Expansion During 2022 to 2030: Grand View Research Inc.

 Asia Pacific Carbon Dioxide Market Growth & Trends

The Asia Pacific carbon dioxide market size is expected to reach USD 4.35 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. Increasing demand for carbon dioxide in enhanced oil recovery (EOR) applications in oil and gas, coupled with an increase in demand from the food and beverage and medical industries, is expected to boost market growth during the forecast period. In addition, the availability of funding from the government across the region in the form of funds for research & development regarding carbon capture storage and utilization is expected to lead to the manufacture of carbon dioxide from carbon emissions at an economical cost, further augmenting the market growth.

The majority of countries in the region are witnessing growth, which has led to the rising disposable income of the population. This has increased the demand for frozen foods and carbonated beverages. Asia Pacific has seen significant GDP growth in the past decade owing to increased foreign investments. Countries in South and Southeast Asia have seen particularly high growth in the past few years due to the increase in manufacturing activity in the region.

The ethyl alcohol source segment had the largest revenue share in 2021 owing to the presence of various ethyl alcohol manufacturing plants that produce high-purity carbon dioxide as a byproduct during ethyl alcohol production. Substitute natural gas is expected to be the fastest-growing source segment from 2022 to 2030 owing to the rise in adoption of and demand for natural gas over coal as a source of energy in various countries around the world.

The food and beverage segment emerged as the largest application segment in 2021 with a revenue share of over 50.0% owing to the rising demand for carbonated drinks and the presence of a large number of food & beverage manufacturing facilities in the region, which are expected to enhance during the forecast period.

The increasing consumption of carbon dioxide in the Asia Pacific can be attributed to the growth and expansion of its end-use industries in China. China is a key consumer of carbon dioxide both in the Asia Pacific and globally. Rapid industrialization in the Asia Pacific has promoted the use of firefighting equipment in order to avoid industrial hazards. Equipment such as fire extinguishers makes use of carbon dioxide to quench the flame, which is likely to promote the demand for CO2. In addition, industries use carbon dioxide for refrigeration to store perishable products. The rising demand for carbon dioxide is anticipated to propel the market growth during the forecast period.

Asia Pacific is moderately consolidated with the presence of various multinational players. This factor makes the industry highly competitive as it also requires high initial investment and R&D costs. Major companies around the world are utilizing mergers & acquisitions to enhance their market shares and network on a global scale.

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Asia Pacific Carbon Dioxide Market Report Highlights

• By source, ethyl alcohol held the largest revenue share of over 30.0% in 2021. Carbon dioxide is obtained as a by-product in the production of ethyl alcohol through alcoholic fermentation. Carbon dioxide obtained from these processes is primarily used for food and beverage applications such as carbonation and as a chilling, cooling, and freezing agent
• The food and beverage application segment held the largest revenue share of over 50.0% in 2021. Rising demand for carbonated drinks is expected to be a significant contributor to the food and beverage segment growth during the forecast period
• Asia accounted for the largest revenue share of over 90.0% in 2021. The increasing consumption of carbon dioxide in the Asia Pacific can be attributed to the growth and expansion of its end-use industries in China and India. These countries are key consumers of carbon dioxide both in the Asia Pacific and globally
• Various strategic initiatives were recorded over the past few years to boost the growth of the market. In October 2019, Air Liquide completed the acquisition of Southern Industrial Gases in Malaysia. The acquisition was done to increase the market share of industrial, medical, and food-grade gases in the country

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Asia Pacific Carbon Dioxide Market Segmentation

Grand View Research has segmented the Asia Pacific carbon dioxide market based on source, application, and region:

Asia Pacific Carbon Dioxide Source Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Hydrogen
• Ethyl Alcohol
• Ethylene Oxide
• Substitute Natural Gas
• Others

Asia Pacific Carbon Dioxide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Food & Beverage
• Oil & Gas
• Medical
• Rubber
• Fire Fighting
• Metal Fabrication
• Others

Asia Pacific Carbon Dioxide Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Asia
  • Taiwan
  • China
  • Philippines
  • Vietnam
  • Thailand
  • Malaysia
  • Singapore
  • Indonesia
  • India
• Pacific
  • Australia

List of Key Players of the Asia Pacific Carbon Dioxide Market

• Air Liquide
• Air Products and Chemicals, Inc.
• Coregas
• Cosmo Engineering Co., Ltd.
• Linde Plc
• Messer
• S. Gas Lab Asia Pvt. Ltd.
• Sicgil India Limited
• Suzhou Xinglu Air Separation Plant Science and Technology Development, Ltd.
• Taiyo Nippon Sanso 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.

U.S. Cord Blood Banking Services Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 U.S. Cord Blood Banking Services Market Growth & Trends

The U.S. cord blood banking services market size is estimated to reach USD 16.59 billion by 2030, registering a CAGR of 11.56% during the forecast period, according to a new report by Grand View Research, Inc. Cord blood is a significant source of hematopoietic stem cells for autologous and allogeneic transplantation in children with certain fatal diseases. Similarly, CB transplantation represents a promising method for the treatment of certain hematologic malignancies, immunodeficiencies, hemoglobinopathies, and metabolic diseases. In addition, research studies involving the extraction of healthy T-cells from CB for use in immunotherapy-based cancer treatment have shown positive results.

Such studies indicate the rising focus on the use of CB for the treatment of chronic diseases. Thus, propelling the market growth. The growth can also be attributed to the increase in the use of CB & stem cells in disease treatment. Rising awareness about the benefits of CB banking, a growing range of service providers, and improving insurance coverage are likely to further drive the market during the forecast period. However, the high cost of storage & collection and the risk of non-usability of units stored with private banks are expected to limit the growth of the market to a certain extent. The impact of the COVID-19 pandemic on the economy and the resultant decrease in consumer spending power led to fewer parents using CB bank services.

Although the collection of CB by trained professionals was still allowed in most hospitals, several factors, such as logistical constraints, limited availability of staff, and implementation of social distancing policies, restricted the revenue generation activities for CB banks, which negatively affected the industry. Furthermore, several non-profit organizations are undertaking initiatives to raise awareness regarding the storage of CB. For instance, in July 2022, the Association for the Advancement of Blood & Biotherapies (AABB) organized several activities for this purpose and shared social media graphics and complementary resources highlighting CB usage in stem cell transplants. It also emphasized the use of CB in various research applications in the AABB Newsfeed. Such initiatives are boosting overall awareness about CB banking and can positively affect market growth.

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U.S. Cord Blood Banking Services Market Report Highlights

• In 2022, the private bank segment had the highest revenue share due to private banks’ wide range of customers, potentially arise to their more enticing marketing strategies than public banks
• By component, the CB segment dominated the market in 2022 due to the growing incidence of chronic diseases and the rise in the birth rate in the U.S.
• California accounted for the largest revenue share in 2022 and will expand further at a steady CAGR from 2023 to 2030
• This is due to the high prevalence of diseases, the presence of major companies, the high usage of CB for the treatment of chronic diseases, and supportive government regulations

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0U.S. Cord Blood Banking Services Market Segmentation

Grand View Research has segmented the U.S. cord blood banking services market based on bank type, component, and states:

U.S. Cord Blood Banking Services Bank Type Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Private
• Public
• Hybrid

U.S. Cord Blood Banking Services Component Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Cord Blood
• Cord Tissue
• Placenta

U.S. Cord Blood Banking Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

• Arizona
• California
• Florida
• Kentucky
• New Jersey
• Texas
• Massachusetts

List of Key Players of U.S. Cord Blood Banking Services Market

• California Cryobank
• StemCyte Inc.
• Cryo-Cell International Inc.
• Lifeforce Cryobank Sciences Inc.
• Stem Cell Cryobank Inc.
• Norton Healthcare
• Viacord
• MiracleCord Inc.
• New Jersey Cord Blood Bank
• Carter BloodCare
• CryoCyte LLC
• Americord Registry LLC
• Maze Cord Blood

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.

Avocado Market to Reap Excessive Revenues By 2030

 Avocado Market Growth & Trends

The global avocado market size is expected to reach USD 26.04 billion by 2030, expanding at a CAGR of 7.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing focus on a healthy diet and the growing number of buyers of healthy food products are driving the growth of the avocado industry. Moreover, increased awareness about the nutritional values of various food products, a growing middle-income population, and rising import demand are expected to support market growth over the forecast period.

According to an article published by Food Insight in July 2022, 52.1% of consumers believe that nutritional ingredients are important to maintain their health. With this in mind, the demand for avocados has grown significantly.

Manufacturers operating in the global market are closely working with suppliers to eliminate tariff barriers and increase product reach. According to an article published in September 2019 by Wageningen University, a new configuration of the Mexican avocado industry was developed to overcome the barrier and increase exports to the U.S. market and phytosanitary regulations were introduced. Hence, key players in the market can now exceed their product reach, which is expected to support the supply and demand for avocados among consumers.

The processed avocado segment is anticipated to register prominent growth over the forecast period. Avocados can be processed into a guacamole blend, pulp, salsa, and drinks. The consumption of avocados is on the rise globally with the increasing westernization of food patterns and acceptance of different cuisines. For instance, Freshcourt, based in Mexico, established itself as a strong producer among customers around the U.S. and abroad. The company is an established food processor of avocados for over 25 years and offers guacamole in different flavors, prepackaged avocado salads, salsas, and other products.

The rise in demand for avocado for food applications such as spreads, dips, salsa, tacos, salads, sushi, and burritos, as well as for cosmetics such as masks, sheets, and creams, continues to boost the sales of avocados around the world. Many restaurants and chains such as Chipotle create their own guacamole, an avocado-based dip, from scratch, which fuels the growth of the B2B segment. Avocados also present a list of benefits when used in cosmetics that includes it’s being filled with essential fatty acids and a host of essential vitamins, making avocados a one-stop solution to a lot of everyday skincare problems.

Major players in the global avocado industry include a combination of several established players and emerging players. Some of these are Calavo Growers, Inc., West Pak Avocado, Inc., Westfalia Fruit, Mission Produce, Inc., EMPACADORA AVEHASS S.A. DE C.V., Aguacates JBR, Propal, and Duclos Farms.

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Avocado Market Report Highlights

• North America held the largest revenue share in 2022, owing to the growing popularity of food with a longer shelf life. Longer shelf life helps tackle food waste and meet the growing demand for more sustainable food. Hence, promoting the purchase of avocados in the region
• The processed segment is anticipated to register a faster CAGR in the avocado industry. The need for convenient meals from a work-centric population drives the growth of the processedavocado industry
• The B2B is anticipated to register a significant growth rate over the forecast period. The increased popularity of processed avocados such as guacamole and salsa among the millennials & Gen-Z population driving the growth of the global market

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Avocado Market Segmentation

Grand View Research has segmented the global avocado market based on form, distribution channel, and region:

Avocado Form Outlook (Revenue, USD Million; 2017 - 2030)

• Fresh
• Processed
  • Pulp
  • Guacomole
  • Others

Avocado Distribution Channel Outlook (Revenue, USD Million; 2017 - 2030)

• B2B
  • Processing Industry
  • Food Service Industry
• B2C

Avocado Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players of Avocado Market

• Calavo Growers, Inc.
• West Pak Avocado, Inc.
• Westfalia Fruit
• Mission Produce, Inc.
• EMPACADORA AVEHASS S.A. DE C.V.
• Aguacates JBR
• Propal
• Duclos Farms
• AustChilli Group
• Simpson Farms

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.

Bio-based Elastomers Market Projected to Discern Stable Expansion by 2030

 Bio-based Elastomers Market Growth & Trends 

The global bio-based elastomers market size is expected to reach USD 1.3 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 13.9% from 2022 to 2030. The benefits provided by bio-based elastomers over crude oil-based elastomers regarding volatile organic compounds emissions are expected to contribute to the growth of the market. Major crude oil-based elastomer manufacturers are extensively engaging in developing bio-based elastomers.

End-use companies in the elastomer market are also including sustainable materials in their product manufacturing, which can significantly impact the market growth. For instance, in January 2022, The Goodyear Tire & Rubber Company launched a demonstration tire containing 70% sustainable-material content such as soybean oil and silica produced from rice husk ash to develop tires. Pela, a phone case manufacturing company in Canada, manufactures 100% compostable phone cases from Flaxstic, a bio-based material. This material includes a by-product of the flax oil seed harvest and a bio-based thermoplastic elastomer.

In April 2021, Audia Elastomers launched sustainable thermoplastic elastomers under the brand name AudiaFlex consisting of customizable grades that are produced from marine-based, bio-based, post-industrial, and post-consumer sources. On 17 November 2022, Asahi Kasei Corporation announced the beginning of the sale of Asadene BR and Tufdene S-SBR for the production of eco-friendly tires. These elastomers are manufactured by the mass-balance method with raw material derived from plastic waste and biomass.

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Bio-based Elastomers Market Report Highlights

• Bio-based thermoplastic elastomers dominated the market and accounted for more than 75.0% share of the overall revenue in 2021. The growing awareness related to eco-efficient and sustainable products to reduce greenhouse gas emissions and a number of thermoplastic elastomer manufacturers launching new variants of bio-based thermoplastic elastomers have contributed to the growth of bio-based thermoplastic elastomers
• The automotive application segment dominated the market in 2021. This is attributed to the growing use of bio-based elastomers in automotive trims, dashboards, mats, and tires. In September 2020, Linglong Tire in collaboration with the Beijing University of Chemical Technology launched bio-based rubber tires, which were showcased at the 22nd China International Industry Fair (CIIF) as an alternative to natural rubber
• North America emerged as the second-largest regional market in 2021. This is attributed to the supportive government policies for boosting the development and adoption of bio-based materials and the presence of a significant number of players operating in the market
• The high price of bio-based elastomers compared to crude oil-based elastomers is expected to restrain the market growth
• In February 2022, Huntsman International LLC helped KEEN, Inc., a global footwear manufacturer, to develop the Field to Foot sneakers soles from bio-based polyurethane elastomer

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Bio-based Elastomers Market Segmentation

Grand View Research has segmented the global bio-based elastomers market on the basis of product, application, and region:

Bio-based Elastomers Product Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• Bio-based Thermoplastic Elastomers
• Bio-based Thermoset Elastomers

Bio-based Elastomers Application Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• Footwear
• Automotive
• Sports
• Electrical & Electronics
• Others

Bio-based Elastomers Regional Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

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

List of Key Players of Bio-based Elastomers Market

• Dow
• FKuR
• BASF SE
• ARLANXEO
• Trinseo
• Eni S.p.A.
• Asahi Kasei Corporation
• DSM
• Mitsubishi Chemical Europe GmbH
• Arkema
• The Goodyear Tire & Rubber Company
• The Lubrizol Corporation
• KURARAY CO., LTD.
• Wacker Chemie AG
• Huntsman International LLC
• Covestro AG
• HEXPOL TPE
• Avient 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.

Golf Tourism Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 Golf Tourism Market Growth & Trends

The global golf tourism market size is expected to reach USD 41.87 billion by 2030, registering a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. The growth of the global market is mainly driven by a rise in the number of franchise games and increasing government involvement to develop suitable infrastructure. For instance, in August 2022, Gauntlet Golf Club received USD 8,804 from the County American Rescue Plan Act Sports Marketing Incentive Program. The amount has been received as a part of a USD 1.45 million COVID-19 Revitalization Project spearheaded by the Virginia Tourism Corporation (VTC) to attract new competitive sporting events and spur economic activity and travel across Virginia. In addition, a large number of tour operators and agents are introducing interesting golf tourism packages surrounding major sporting events and tournaments across the globe.

This is expected to have a positive impact on the global industry. Golf tourism has emerged as one of the highest growing sectors of the tourism industry across the globe generating high revenue for tour operators and economies. Moreover, in countries like Russia, the U.K., Germany, India, China, the U.S., Spain, and Canada, sports are utilized to promote tourism. Numerous visitors that go to various locations across the globe to take part in and watch sporting events are catered to by sports tourism. In addition, domestic and international tourists spend money on lodging, transportation, food & beverages, and other luxuries. Furthermore, as the number of golf events & tournaments increases and governments & sports authorities’ focus on promoting sports tourism across key countries rises, the global market is expected to witness promising growth in the coming years.

The COVID-19 pandemic has had a significant influence on several sectors and businesses. The pandemic posed several challenges for all businesses operating in the industry. The COVID-19 pandemic had a significant influence on the world market, and tour operators witnessed a financial downturn. According to the statistics published by the World Travel & Tourism Council (WTTC), travel and tourism GDP contribution declined by 50.4% (USD 4.9 trillion) in 2020. In the post-pandemic environment, the global market is anticipated to receive a boost from the ongoing move toward golf tourism and various initiatives taken by sports organizations and key companies to promote sports tourism. The Asia Pacific region is expected to showcase the fastest CAGR over the forecast years backed by the rising number of staging the largest tournaments for golfers.

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Golf Tourism Market Report Highlights

• International tourism is expected to witness strong growth in the coming years due to the rising number of golf tournaments and activities taking place across the globe
• In addition, government associations and key tour operators are developing business expansion strategies resulting in increased growth of the international golf tourism sector
• North America led the industry with the U.S. and Canada capturing major shares. The growth is mainly driven by the presence of well-developed economies, the availability of several golf courses, and the widespread coverage of sports across the region
• Southeast Asian countries, such as Thailand, Malaysia, and Singapore, are poised to become top golfing destinations in the coming years. Golf tourism in Singapore and Malaysia is highly attractive for international golfers
• According to the World Travel Market Global Trends Report, cross-industry partnerships and cooperation is playing an important role in boosting the regional market and tour operators have value-add packages and incentives offering unlimited golf rounds to attract golfers from India, Japan, and across the globe

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Golf Tourism Market Segmentation

Grand View Research has segmented the global golf tourism market on the basis of application and region:

Golf Tourism Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Domestic
• International

Golf Tourism Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of Golf Tourism Market

• Golfasian Co., Ltd.
• Premier Golf Tours
• The Haversham and Baker Co.
• PerryGolf
• Carr Golf
• Celtic Golf
• SGH Golf
• Golfbreaks Ltd.
• Golf Tours International
• travelOsports

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.

Construction Estimating Software Market Set to Record Exponential Growth by 2030: Grand View Research Inc.

 Construction Estimating Software Market Growth & Trends

The global construction estimating software market size is estimated to reach USD 2.62 billion by 2030, registering a CAGR of 8.9% from 2023 to 2030, according to a recent report from Grand View Research, Inc. The growth of the construction estimating software industry can be attributed to the advances in Artificial Intelligence (AI), cloud computing, and Business Information Modeling (BIM), among other factors. Several vendors have introduced innovative construction estimating tools designed to help reduce the time for completing construction projects. For instance, in September 2022, Autodesk Inc. announced a range of new capabilities within Autodesk Construction Cloud to simplify the utilization of BIM for construction project teams by facilitating the seamless integration of BIM throughout the entire project lifecycle, from in-office planning to on-site execution.

Such initiatives being pursued by the market players bode well for the growth of the market. The emergence of advanced construction technologies and the rising internet penetration are propelling the adoption of digital technologies in the construction sector. Construction companies focus on digitizing their overall operations to reduce workforce costs and manual errors in the system, creating robust market opportunities. The integration of cloud technology enables construction teams to remotely manage their construction estimate software and utilize it for cost estimation through the Internet. Various government initiatives to establish digital infrastructure are promoting the adoption of construction estimating software. Various government-authorized organizations are developing software to prepare cost structures for different construction and infrastructure development projects.

For instance, in June 2022, the Public Works Department (PWD) of India announced the launch of construction and project estimator software to calculate the funds required to commence the project and strengthen transparency in the system. The market allows estimators to access cost databases for construction-related tax calculations, labor wages, and other material costs, as well as track the project budget. Moreover, various market players integrate cover letters and templates into their software systems for making general cost reports and proposals and improving industry statistics. Various general contractors are adopting construction estimating software for their preconstruction work. Market players are adopting various business strategies to reduce the costs of construction estimating software. They focus on understanding the exact client requirements and accordingly design the software to control other excess costs incurred for obsolete features.

Evolving digital threats, such as Distributed Denial of Service (DDoS), phishing, Trojans, ransomware, and viruses, pose a negative impact on the growth of the construction estimating software industry. These threats can alter the construction estimating software and gain access to the data available in the system. Cloud-deployed software is vulnerable to digital threats as the software data is stored on virtual disk drives. The stolen data from these virtual drives can be used for illegal activities, which may incur significant financial losses to the market players and affect their brand identity. Countries, such as India, the U.S., China, Australia, the UK, and South Africa, have introduced regulatory compliances for cloud-based construction estimating software to protect user data from manipulation and theft. Market players must adhere to these digital regulatory compliances introduced in 2020. Such initiatives are anticipated to create a positive outlook for the construction estimating software industry.

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Construction Estimating Software Market Report Highlights

• Based on the software license, the subscription segment is expected to register the highest CAGR of 10.0% over the forecast period.A subscription-based license model allows construction companies to increase customer engagement, and subsequently, augment their sales by providing efficient services to their customers
• Based on deployment, the cloud segment is expected to register the highest CAGR of 10.5% over the forecast period. The adoption of cloud-based construction estimating software is gaining traction as construction companies prefer cloud-based construction management solutions that help them streamline various construction processes by guaranteeing flexibility, scalability, and accessibility
• Based on the enterprise size, the small & medium enterprise segment is expected to register the highest CAGR of 10.2% over the forecast period. Small and medium-sized construction companies are also adopting construction estimating solutions to manage resources and augment output efficiency
• Based on end-use, the contractors segment is expected to register the highest CAGR of 9.9% over the forecast period. Contractors are employing construction estimating software to manage tools for accounting, estimating, scheduling, project management, equipment management, and payroll management, among other tasks
• Asia Pacific is expected to register the highest CAGR of 10.0% over the forecast period.Countries in this region are experiencing a surge in construction activity due to urbanization, population growth, and infrastructure development projects

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

Construction Estimating Software Market Segmentation

Grand View Research has segmented the global construction estimating software market based on software license, deployment, enterprise size, end-use, and region:

Construction Estimating Software License Outlook (Revenue, USD Billion, 2018 - 2030)

• Perpetual License
• Subscription License
• Others

Construction Estimating Software Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premise

Construction Estimating Software Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small and Medium Enterprises
• Large Enterprises

Construction Estimating Software End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Architects & Builders
• Construction Managers
• Contractors
• Others

Construction Estimating Software Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • South Africa

List of Key Players in the Construction Estimating Software Market

• Autodesk Inc.
• AppliCad Public Company Limited
• Bluebeam Software Inc.
• Corecon Technologies, Inc.
• esti-mate
• ETAKEOFF, LLC
• Glodon Company Limited
• Microsoft Corporation
• PrioSoft Construction Software
• PlanSwift Software
• RIB Software SE
• Sage Group plc
• STACK Construction Technologies
• Trimble Inc.

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.

Endometriosis Treatment Market Is Projected To Reach Approximately $3.2 Billion By 2030: Grand View Research Inc.

 Endometriosis Treatment Market Growth & Trends

The global endometriosis treatment market size is expected to reach USD 3.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is exected to expand at a CAGR of 13.5% from 2023 to 2030. The market growth is attributed to the presence of a late-stage robust product pipeline, the global upsurge in cases, and several initiatives undertaken by the government and key players at national and international levels to raise disease awareness.

The growing research and development for new treatment options in space is expected to offer a lucrative opportunity for market growth in the coming years. The launch of Myovant / Pfizer’s Relugolix combination tablet, ObsEva’s Yselty (linzagolix), and Ferring Pharmaceuticals / Novartis’ Quinagolide are among prominent drug launches in this space that are anticipated to fuel the market growth.

Rising demand for endometriosis treatment is attributed to increasing disease burden and delay in diagnosis, worsening the disease condition. In March 2021, as per WHO, approximately 10% of female reproductive population is affected by the disease worldwide. According to the article, “Impact of Endometriosis Diagnostic Delays on Healthcare Resource Utilization and Costs”, a delay of three or more years in diagnosis from developing first symptom leads to increase in symptom burden and increase in healthcare cost by 50% compared with patients who were diagnosed earlier after symptom onset.

WHO, national governments, and private organizations are strategically involved in spreading awareness and educating people about endometriosis and its treatment, thereby supporting market growth. For instance, in March 2022, the Endometriosis Foundation of America hosted four weekends of the virtual program featuring patients and physicians, helping to connect endometriosis warriors and share their experiences with the disease. Moreover, in March 2022, Endometriosis U.K. also launched an eight-point action plan during the ‘Endometriosis Action Month’.

Furthermore, key players are undertaking strategic initiatives such as mergers and acquisitions, collaborations, financial investments, and geographical expansion fueling the endometriosis treatment market. For instance, in November 2021, Organon and Co. announced to acquire Forendo Pharma, which will support Forendo’s development of novel drugs in endometriosis like OR-6219, a phase 2 clinical candidate.

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Endometriosis Treatment Market Report Highlights

• By treatment type, the hormone therapy segment accounted for the largest share of the market in 2022 due to the high prescription rate of these drugs by physicians
• Gonadotropin-releasing hormone (GnRH) segment dominated the drug class segment in 2022 due to the high efficacy of GnRH agonists and GnRH antagonists and the increased availability of these products in the market
• In 2022, oral segment dominated the market with a 48.46% share by route of administration. It is the most common & convenient route of delivery for the majority of products in this space
• In 2022, retail pharmacy segment dominatedthe market by distribution channel. Moreover, hospital pharmacy is expected to demonstrate moderate growth
• North America dominated the global market in 2021 owing to increased disease incidence and high awareness among people and healthcare professionals about the condition therapies

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

Endometriosis Treatment Market Segmentation

Grand View Research has segmented the global endometriosis treatment market based on, treatment type, drug class, route of administration, distribution channel, and region:

Endometriosis Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

• Pain Medication
• Hormone Therapy

Endometriosis Treatment Drug Class Outlook (Revenue, USD Million, 2018 - 2030)

• NSAIDs
• Oral Contraceptive
• Gonadotropin Releasing Hormone
• Others

Endometriosis Treatment Route Of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injectable
• Others

Endometriosis Treatment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital Pharmacy
• Retail Pharmacy
• Others

Endometriosis Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Thailand
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Rest of MEA

List of Key Players of Endometriosis Treatment Market

• Bayer AG
• Pfizer, Inc.
• AbbVie, Inc
• AstraZeneca
• ObsEva SA
• Teva Pharmaceutical Industries
• Zydus Healthcare Limited
• Eli Lilly and Company
• Astellas Pharma Inc.

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.

Carbon Capture And Storage Market Predicted to Witness Steady Growth During the Forecast Period

 Carbon Capture And Storage Market Growth & Trends

The global carbon capture and storage market size is expected to reach USD 5.61 billion by 2030, expanding at a CAGR of 7.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the presence of favorable government policies and funding initiatives in the European Union (EU).

Increasing concerns regarding the detrimental effect of carbon emissions on the environment have prompted the adoption of carbon capture and storage technology. Various governments are encouraging the implementation of CCS technology through pilot projects across various industries. This is attributed to the ability of carbon capture and storage technology to serve as a large-scale solution for achieving high CO2 emission reduction targets and climate control goals.

The European Union emerged as a global leader by developing CCS as a part of its energy and climate policy to meet the 80%-95% emission reduction target by 2050. Various policies and funding programs favoring the development of more efficient and cost-effective CCS technologies are primarily driving the market in the region.

The increasing use of carbon dioxide in enhanced oil recovery (EOR) applications is fueling the demand for carbon capture and storage across the globe over the forecast period. However, the high cost of carbon capture and storage technology may not prove to be a viable solution for many industry players as well as countries globally. Therefore, the high cost of CCS is expected to restrain the growth of the CCS market in the near future.

The industry players are adopting several strategies including partnerships, new product launches, expansions, mergers & acquisitions, joint ventures, and partnership agreements to increase the customer base and individual market share. For instance, in June 2023, Technip Energies N.V. announced the launch of CaptureNow which is a platform that brings all the carbon capture, storage, and utilization technologies under one platform.

Request a free sample copy or view report summary: Carbon Capture And Storage Market Report

Carbon Capture And Storage Market Report Highlights

• Based on technology, the pre-combustion segment dominated the market with a revenue share of over 69.0% in 2022 owing to its wide application and the production of clean energy such as e-fuels and blue hydrogen
• Based on application, the power generation segment accounted for the highest market share of over 68.0% in 2022 due to imposed restrictions on power plants, the utilization of CCS facilities has become mandatory to reduce carbon emissions up to the required standards
• Europe is expected to grow at the fastest CAGR of 8.9% over the forecast period owing to several favorable government policies in the region promoting the use of CCS technology. For instance, in March 2023, the European Union launched the Net Zero Industry Act that proposes an injection target for carbon dioxide annually of 50 Mt CO2 for 2030, thus promoting the adoption of CCS technology in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-carbon-capture-storage-ccs-market

Carbon Capture And Storage Market Segmentation

Grand View Research has segmented the global carbon capture and storage market based on technology, application, and region:

Carbon Capture And Storage Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)

• Post-combustion
• Industrial Process
• Pre-combustion
• Oxy-combustion

Carbon Capture And Storage Application Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2030)

• Power Generation
• Oil & Gas
• Metal Production
• Cement
• Others

Carbon Capture And Storage Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Carbon Capture And Storage Market

• Shell PLC
• Aker Solutions
• Equinor ASA
• Dakota Gasification Company
• Linde plc
• Siemens Energy
• Fluor Corporation
• Sulzer Ltd.
• Mitsubishi Heavy Industries Ltd. (MHI)
• Japan CCS Co. 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.