Latest Trending Research Study on Pore Strips Market Analysis 2015-2025

The global pore strips market is expected to reach USD 4.13 billion by 2025, registering a CAGR of 7.6% over the forecasted period, according to a new report by Grand View Research, Inc. The growing fashion consciousness coupled with increasing pollution level leading to facial skin problems is driving the product demand.

On the basis of ingredients, charcoal held the leading market share of 39.18% in 2018. The ingredient is perceived to have qualities of removing dirt and impurities and it can exfoliate the skin by removing oils, driving the adoption of the ingredient. Apart from charcoal, tea tree oil is expected to register the fastest CAGR of 9.3% over the forecast period. The natural benefits of the product that soothe the skin and cure itching and dryness is anticipated to fuel the demand.

Home segment held the leading market share of more than 59.53% in terms of revenue in 2018. The idea that the product can give instant results and is easy to use, is making it popular among the home users. Apart from home segment, salon is found to be the fastest growing consumer and is witnessing a significant CAGR of around 7.8% over the forecast period. In salon, the beauty stylists use the pore strips with other products to give better results, thus propelling the demand.

Asia Pacific emerged as the largest regional segment with more than 40.0% of the market share in 2018. The growing pollution in the emerging countries such as India and China which accounts for more than 34% of the global population and increasing consumer awareness towards healthy skin is fuelling the regional growth. Central and South America (CSA) is projected to register the fastest CAGR of over 9.7% during forecast period. The hot and humid climatic condition of the region has led to increase in demand for the product.

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Further key finding from the report suggests:

• In terms of revenue, tea-tree oil ingredient segment is projected to ascend at a CAGR of 9.3% during the forecast period.
• Countries such as Brazil, which has hot and humid climate and is facing the problem of a rise in pollution, is projected to register the faster CAGR due to increasing product demand
• Salon end use segment in the pore strips market is anticipated to register a rapid CAGR of 7.8% in the forthcoming years

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Oil Storage Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global oil storage market is expected to reach 2.16 billion cubic meters by 2025, according to a new report by Grand View Research, Inc. Ongoing revisions in energy security policies and guidelines issued by International Energy Agency (IEA) has urged its member countries to adhere to minimum oil stockholding rule.

Currently, India, Australia, and Japan are the major countries with ample projects for enhancing their Strategic Petroleum Reserve capacities over the next few years. Other countries, such as Malaysia, China, and the UAE have adopted various measures to expand the commercial and non-commercial storage tank facilities to ensure a consistent supply for the downstream sectors in the respective regions. Asia Pacific is anticipated to emerge as the fastest growing regional segment and account for over 19.5% by 2025.

In addition to regulatory norms, technological advancement is further anticipated to drive oil storage demand over the next nine years. Key players such as Marquard & Bahls AG and CST Industries have ventured into developing innovative product designs that offer high durability and a high degree of product containment. Columbian Steel Tank Company has announced investments in aluminum geodesic dome design that minimizes UV degradation and environmental loss.

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Further key findings from the report suggest:

• Fixed roof tanks emerged as leading product segment and accounted for over 45% of total volume in 2015. Increasing adoption of tank designs with a low degree of contamination and minimum product losses are expected to steer market growth over the forecast period.
• Crude oil emerged as the leading application segment for oil storage in 2015. Crude oil forms a significant source of power and energy sector. In addition, petrochemical refinery capacity expansions in the Middle East and Asia Pacific regions are major drivers contributing to market growth over the forecast period.
• The oil storage demand in the Middle East & Africa is anticipated to grow at a CAGR of over 4.7% from 2016 to 2025. Surging oil production coupled with ongoing tank projects are major factors driving the market in the UAE, Nigeria, and Saudi Arabia
• Oil storage demand in North America is anticipated to exceed 500 million cubic meters by 2025. Ongoing proposals for enhancing domestic reservoir production rate, particularly in the U.S. is driving growth in the region.
• Key industry participants include CST Industries, Marquard & Bahls AG, LF Manufacturing, ZCL Composites, Belco, Palmer, and Zepnotek Storage Tanks.

Access press release of this research report by Grand View Research: www.grandviewresearch.com/press-release/global-oil-storage-market

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.

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The Fastest Growing “Automotive Adhesive Tapes Market” in the Next 5 Years

The global automotive adhesive tapes market size is expected to reach USD 7.1 billion by 2025; progressing at a CAGR of 4.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising substitution of metal fasteners in automobile design backed by growing emphasis on aesthetics is expected to positively impact the growth.

Increasing usage in bonding, moldings, garnishes, emblem, and bumpers is expected to propel the overall market growth over the forecast period. In addition, superior adhesion and impact dampening properties of automotive adhesive tapes are expected to boost its demand over the forecast period.

Development of reinforced tapes, coupled with rising adoption in the automotive industry for OEM and aftermarket applications, is likely to drive the automotive adhesive tapes market over the next few years. In addition, growing focus on development of lightweight and fuel-efficient vehicles is expected to boost the product demand.

Growth in the usage of silicon-based resins as binder or modifier in coating formulations to impart additional stability is expected to benefit the market expansion. In addition, rising efforts to develop bio-degradable pressure sensitive products for automotive applications are expected to positively impact the growth.

Superior performance characteristics exhibited by tapes such as no residual adhesive marks for the area covered under the product as well as adhesion of non-uniform surfaces are likely to augment the product demand. These tapes are suitable for applications that are subjected to high curing temperatures.

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https://www.grandviewresearch.com/industry-analysis/automotive-adhesive-tapes-market

Further key findings from the study suggest:

• Specialty product segment is expected to register a CAGR of 6.1% from 2019 to 2025, on account of superior features of the product such as good shear strength, abrasion and temperature resistance, and conformance to non-uniform surfaces
• Double-sided tapes generated a revenue of USD 2.2 billion in 2018 and is expected to witness notable growth owing to rise in the use of the product for bonding application in interior and exterior of automobiles
• In Asia Pacific, China accounted for the largest market share with over 47.0% in terms of revenue in 2018 owing to presence of key passenger car and LCV manufacturers
• Major companies in the automotive adhesive tapes market lay emphasis on the development of advanced products with superior aesthetics and eco-friendly properties to gain competitive edge.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-automotive-adhesive-tapes-market

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

Rapid Increase in PVA Films Market - Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2025

The global PVA films market size is expected to reach USD 476.14 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at CAGR of 4.9% over the forecast period.

Sustainable packaging is in high demand on account of its ability to aid in reducing landfills and compliance with stringent regulations related to packaging. In addition, sustainable packaging solutions have gained importance on account of safety, performance, and convenience.

Polyvinyl alcohol film is widely used as an environment-friendly polymer and has contributed significantly to the growth of sustainable packaging industry. Increasing government initiatives to support green packaging is also expected to be the key driving factor for the PVA films market. However, volatile raw material prices are expected to be a key challenge to the growth over the forecast period.

The increasing global population, coupled with growing disposable income is offering high purchase power parity (PPP) that has resulted in an improved standard of living. This is resulting in additional services being adopted, such as laundry services in their daily routine.

The bags used in laundries are mostly manufactured using PVA films as it becomes easier for disposal. As a result, the booming laundry service industry is projected to contribute to the steady growth of the polyvinyl alcohol (PVA) films market.

Growing hygiene consciousness among consumers coupled with rising standard of living is propelling demand for detergents. In addition, growth witnessed by the hospitality industry is also contributing significantly to the production of detergents. This, in turn, is supplementing overall demand for PVA films in the detergent packaging industry.

Agrochemical packaging is another major driver for the PVA films market. Agrochemicals such as pesticides, insecticides, herbicides, fertilizers, and other chemicals are witnessing augmented demand in the agricultural sector. Thus, creating lucrative growth opportunities for polyvinyl alcohol films during the forecast period.

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https://www.grandviewresearch.com/industry-analysis/polyvinyl-alcohol-films-industry

Further key findings from the report suggest:

• Detergent packaging emerged as the leading product segment and accounted for over 36% of total market revenue in 2017.
• In U.S., the demand for PVA films in detergent packaging applications was valued at USD 35.99 million in 2017. The demand for detergent packaging is primarily driven by growing penetration of automatic washers in the country.
• Demand for PVA films in China is slated to expand at a CAGR of 5.0% over the forecast period. China was the largest producer and consumer of PVA films in Asia Pacific in 2017 and this trend is expected to continue over the forecast period.
• Key players operating in the polyvinyl alcohol (PVA) films market are Nippon Synthetic Chemical Industry Co., Ltd., Kuraray Co., Ltd., and Sekisui Chemical Co., Ltd., and others.

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Long Chain Dicarboxylic Acid Market Poised for Steady Growth in the Future

The global long chain dicarboxylic acid market is expected to reach USD 300.3 million by 2025, according to a new report by Grand View Research, Inc. Rising product use as LCDA applications such as nylon & other polyamide, powder coatings and lubricants will augment market growth over the next nine years.
The increasing use of long chain dicarboxylic acid as precursor in manufacturing of nylon & other polyamides, powder coatings, lubricants, adhesives, and corrosion inhibitors, applications will fuel the long chain dicarboxylic acid demand. Rising application scope of nylon & other polyamides in automotive and building construction is expected to propel long chain dicarboxylic acid growth over the forecast period.
Long chain dicarboxylic acid is employed as a key bio-based product for manufacturing in various applications. LCDA is an environmentally degradable product which makes its suitable for compliance with various regulatory norms laid by REACH and EPA in Europe and North America respectively.
High performance nylon & other polyamide used possess properties like high strength & stiffness, fatigue resistance, and broad temperature toleration. High performance nylon is widely used in infrastructure projects across various geographies of the world. The growth of above stated application segment is expected to fuel long chain dicarboxylic acid demand over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/long-chain-dicarboxylic-acid-market

Further key findings from the report suggest:

• Long chain dicarboxylic acid market is expected to witness the growth at a CAGR of 7.0% from 2016 to 2025 due to its biodegradability, which also offers environmental advantage   
• Pharmaceuticals as an application of LCDA will witness the fastest growth in terms of revenue at a CAGR of 8.7% from 2016 to 2024 owing to its superior bio-based properties
• North America market is expected to witness significant growth and was estimated at over USD 43 million in 2015 on account of rising infrastructure development and growing automotive industry
• Key participants include Cathay Industrial Biotech Ltd., Shandong Hilead Biotechnology Co., Ltd, Invista B.V, Zibo Guangtong Chemical Co., Ltd., and Evonik Industries AG
• Key companies in the market are focused on increasing their global presence through mergers & acquisitions and plant expansions.
• In June 2016, Cathay Industrial Biotech Ltd. announced capacity expansion for bio-based products that include long chain dibasic acids, bio-pentane diamine (DN5), and bio-polyamide (bio-PA)
• In October 2016, Invista opened a new 2,15,000-ton capacity hexamethylene diamine (HMD) plant and a 1,50,000-ton capacity polymer plant in China

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Styrene Butadiene Rubber Market Is Likely To Reach $9.9 Billion By 2025

The global styrene butadiene rubber (SBR) market is expected to reach USD 9.9 billion by 2025, according to a new report by Grand View Research, Inc. Significant increase in the demand for OEM tires from the automobile industry is likely to augment the utilization of SBR over the forecast period. In addition, long vehicle life coupled with a shift in consumer preference toward high-performance tires is likely to have a positive impact on the growth over the next nine years.

In the recent times, the demand supply gap for natural rubber (NR) has widened, making the prices of the commodity a matter of concern. In 2016, the growth in supply of natural rubber was 1.1% while the demand grew at a rate of about 6%. This deficit has been exerting a pressure on the supplies and leading to a high volatility in the prices, which in turn has been a major driver for the growth of the SBR industry.

Over the last five years, the average consumption of synthetic rubber has been higher than NR by about 3,500 kilo tons per year. SBR is the highest consumed synthetic rubber, accounting for over 45% of consumption. Therefore, the restraints faced by the NR industry act as the major drivers for the synthetic rubber market.

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https://www.grandviewresearch.com/industry-analysis/styrene-butaidene-rubber-industry

Further key findings from the report suggest:

• The tire application is expected to witness a CAGR of 1.7% from 2016 to 2025 owing to the rising demand from the automotive industry in emerging economies including China, India, and Brazil
• The global S-SBR market is expected to witness a CAGR of 8.8% from 2016 to 2025 as manufacturers are increasingly focusing on converting E-SBR plants into S-SBR manufacturing facilities
• The SBR market is driven by the rising demand from the Latin America and the Middle East & Africa regions owing to the increasing production of tires and the presence of numerous petrochemical companies across the region
• In October 2015, Kumho Petrochemical Company, under a joint venture with Sunny Plastics Co., Ltd., set up its third ABS plant in China to establish its foothold in the Chinese market
• In June 2016, Versalis and LOTTE Chemical entered into a partnership to expand their presence in the Asian synthetic rubber industry

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Energy Drinks Market Is Anticipated To Grow At A CAGR of 7% By 2025

The global energy drinks market is expected to reach USD 84.80 billion by 2025, according to a new report by Grand View Research, Inc. Consumers looking for breaking the monotony in daily beverages include these energy drinks in their routine to improve their performance, and keep them hydrated at the same time.

Energy drinks which include high caffeine are expected to drive its demand as it helps the consumers to regain energy and increase their stamina. Both young, as well as aged customers are attracted towards these beverages, which promise to keep them healthy and active. More than 50% of the world population live in urban areas. Hectic lifestyle and rising disposable income coupled with a need for instant energy are expected to drive the market growth over the forecast period.

The non-alcoholic segment is expected to emerge as the largest and fastest growing product variant and is anticipated to account for a revenue share of 56% by 2025 at a CAGR of 7.8% over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/energy-drinks-market

Further key findings from the report suggest:

• The global energy drinks market is estimated to grow at a CAGR of 7% from 2017 to 2025
• The organic segment is expected to emerge as the fastest product type segment in 2015 and is anticipated to reach a net worth exceeding USD 32 billion by 2025
• The teenager’s consumer segment generated revenue worth of USD 16.33 billion in 2016 and is projected to grow at a CAGR of 6.8% over the forecast period
• The geriatric population growth in the market is anticipated to reach 12 billion by 2025 over the upcoming years
• On-trade distribution is projected to emerge as both largest and fastest segment and is estimated to reach USD 71.65 billion by 2025 at a CAGR of 7.1% from 2016 to 2025
• The Asia Pacific energy drinks industry is expected to witness the fastest growth in terms of revenue. It is expected to reach USD 24.17 billion by 2025, growing at a CAGR of 7.5% from 2016 to 2025
• Demand for alcoholic beverage sector in the China was valued at USD 1.14 billion in 2015 and is expected to grow at a CAGR of 7.5% from 2016 to 2025
• Energy drinks market share in Europe is expected to grow at a CAGR of 6.7% over the forecast period and to reach USD 19.12 billion by 2025
• Major players Red Bull GmbH, Monster Energy and Rockstar. Other players having significant stake in the market include PepsiCo. Inc., Xyience Energy, and Amp

For More Information: www.grandviewresearch.com

Aquaculture Additives Market Explore Growth Of $1.52 Billion By 2025 | Industry Players Cermaq Group AS; Dibaq A.S

The global aquaculture additives market size is expected to reach USD 1.52 Billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.2% during the forecast period. Rising awareness regarding the benefits of additives to promote healthy development of fish is anticipated to be a key driver for aquafeed market growth.

Importance of certain mollusks, such as clams and oysters as a source of food for humans coupled with their health benefits is expected to boost their demand in near future. Demand for mollusks to improve quality of the surrounding environment has also been prevalent in polyculture systems. Due to their multiple applications for consumers and the agriculture industry, demand for this species is likely to increase significantly during the forecast period boosting the demand for aquafeed. The global aquaculture additives market is expected to witness a decent growth on account of the surge in demand for fish food, which is expected to grow on account of a rise in preference for high protein, calcium, vitamin D, and iodine rich food.

Asia Pacific led the global aquafeed market with over 50% of overall market value and is anticipated to continue leading over the forecast period. Rise in aquaculture activities in the region owing to abundant availability of land coupled with favorable climatic conditions has resulted in a significant growth in demand for aquafeed. China, Vietnam, Indonesia, India, Thailand, and Bangladesh contribute to a major share of the global aquafeed production leading to increased aquaculture additives in the region. Rising number of government initiatives to create awareness regarding the benefits of additives is anticipated to further aid the product consumption over the forecast period.

Europe aquaculture additives and aquafeed market expanded significantly over the past decade primarily as a result of the expansion of marine aquaculture sector in the European Union (EU) and European Free Trade Association countries. Significant improvement in the efficiency of feed and environmental management is expected to drive the regional aquaculture sector, propelling aquafeed market.

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https://www.grandviewresearch.com/industry-analysis/aquaculture-additives-market

Further key findings from the report suggest:

• Amino acids product segment held the dominant market share of over 32.2% in 2017
• Carp application segment is projected to ascend at a CAGR of 5.0% over the forecast period
• Sea bass aquafeed is anticipated to expand at the highest CAGR, while salmon and mollusk segments are anticipated to witness above average growth over the forecast period
• Aquaculture and aquafeed market players adopt strategies, such as acquisitions to widen their product offerings and countering the issues faced by aqua producers such as mineral absorption, feed costs, and efficiency
• Some of the key companies present in the aquaculture additives market are Alltech, Inc.; BioMar A/S; Cargill, Inc.; Ridley Corporation Limited; Norel S.A.; Aller Aqua A/S; Beneo GmbH; Cermaq Group AS; Dibaq A.S.; and Addcon GmbH.

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Writing Instruments Market Is Anticipated To Grow At A CAGR of 7.4% By 2025

The global writing instruments market size is expected to reach USD 22.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.4% over the forecast period. Growing awareness regarding the importance of education is expected to remain a key driving factor. Furthermore, increasing application of writing instruments used in promotional apparels and calendars is anticipated to drive the demand for these products in the upcoming years.

North America is expected to remain the fastest growing region, expanding at a CAGR of 8.3% from 2019 to 2025. This region is expected to witness growth on account of high spending power and constant innovative launches of new products, especially in U.S. Furthermore, high significance of education and increasing number of students and working professionals are generating more demand for these products in North America.

Asia Pacific dominated the industry in 2018 and is expected to witness significant growth in the coming years. This growth is attributed to growing awareness regarding educational importance and rapidly increasing population in the countries including China and India. This, in turn, is attracting more investors to invest in R&D so as to meet the needs and requirements of people for different skin types and needs.

Pen accounted for the largest share of 35.6% in 2018 owing to significant shift in the consumer preference from chemical to biodegradable and eco-friendly pens. Rise in the number of educational institutions and corporate offices globally has increased the demand for these products in different regions. Growing application of coloring instruments by artists and painters is anticipated to fuel the product demand over the forecast period.

Students accounted for the largest share in the industry in terms of application and generated a revenue of USD 7.8 billion in 2018. The working professionals segment is anticipated to expand at the fastest CAGR of 8.0% from 2019 to 2025. Growing incorporation of writing instruments in offices and ultimately in lives of working professionals is driving the segment.

Key industry players include Faber-Castle; Mitsubishi Pencil Co., Ltd.; Linc Pen and Plastics Private Limited; Luxor Writing Instruments Private Limited; Pilot (Pen Company); Flair Group of Companies; Newell Brands, Inc.; Hindustan Pencils Private Limited; Shanghai M&G Stationery Inc.; and Pentel Co. Ltd.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/writing-instruments-market

Further key findings from the study suggest:

• By product, the pen segment accounted for 35.6% share of the overall revenue in 2018
• Pencil products accounted for a share of 24.4% for the year 2018
• Europe is expected to register a CAGR of 7.9% from 2019 to 2025.

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Wet Shave Market Is Anticipated To Grow At A CAGR of 9.5% By 2025

The global wet shave market size is anticipated to reach USD 21 billion by 2025, exhibiting a CAGR of 9.5% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding personal grooming and increasing spending on personal care products are some of the major factors that are projected to augment the growth of the market. Moreover, the introduction of several innovative wet shave products, as well as rising number of people becoming a part of the corporate culture, are the factors contributing toward the market growth.

Several manufacturers are adopting strategies such as new product developments and mergers & acquisitions to increase their market penetration as well as gain a competitive advantage. For instance, in May 2019, Edgewell Personal Care Company announced its plans to acquire Harry’s, Inc., a U.S.-based manufacturer of wet shave products. Moreover, awareness campaigns undertaken by manufacturers through social media, advertisements, and YouTube channels are likely to augment the demand for wet shaving products.

Razor cartridges product segment was worth USD 2,569.2 million in 2018. Razor cartridge is the detachable part used in cartridge razors. Different types of razor cartridges having lubricating strips that contain menthol, coconut oil, or herbal oil extracts have been introduced to offer smooth shaving experience. The non-disposable razors segment is expected to grow at an estimated CAGR of 9.8% over the forecast period. Non-disposable razors or reusable razors include safety razors, straight razors, and cartridge razors.

In terms of distribution channel, the market has been segmented into hypermarkets, supermarkets, independent retailers, and others. Independent retailers is anticipated to be the fastest-growing distribution channel segment and likely to register a CAGR of 10.8% over the forecast period. E-commerce also plays an important role in the distribution of wet shave products. Wet shave products are sold through several e-commerce websites, manufacturer operated online portals, and online portals operated by numerous retailers.

Increasing investments by major retail companies, especially in emerging countries, are expected to open new opportunities for wet shave manufacturers to distribute and sell their products. In November 2018, Gillette introduced the Gillette SkinGuard Sensitive razor, a clinically proven razor designed especially for men having sensitive skin. In January 2018, Schick, a brand by Edgewell Personal Care Company, launched Schick Intuition f.a.b., a razor with five bi-directional blades specially designed for women.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/wet-shave-market

Further key findings from the report suggest:

• Asia Pacific is projected to emerge as the fastest-growing regional market for wet shave products over the forecast period with growing population in the region, especially in developing countries such as China and India
• Male gender segment dominated the global wet shave market with a revenue share of 71.8% in 2018 as men frequently practice wet shaving for the removal of facial hair
• Blades product segment is expected to register the highest growth rate of 10.2%, in terms of revenue, as blades are widely used as consumables in safety and straight razors and are generally meant for single use
• Hypermarkets emerged as the largest distribution channel segment and accounted for 38.2% of the total market share in 2018
• Key market players include Procter & Gamble, Edgewell Personal Care Company, Unilever PLC, Beiersdorf AG, Johnson & Johnson, Godrej Consumer Products Limited, and Raymond Limited, among others. Other prominent players include Edwin Jagger Limited, Taylor of Old Bond Street, Ludovico Martelli s.r.l., and D.R. Harris & Co. Ltd.

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Hair Dryer Industry Growth - Trends in Personal Grooming By 2025

The global hair dryer market size is expected to reach USD 10.05 billion by 2025 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. increasing number of professional salons across the globe is expected to be the key factor for the increased sales of hair dryers. In addition, rising awareness about personal grooming is propelling the product demand. Corded products was the largest segment in 2018. Major manufacturers including Conair Corporation, Panasonic Corporation, Dyson Ltd., and Koninklijke Philips N.V. are introducing newer products to gain maximum market share.

For instance, in April 2018, Dyson Ltd. launched its most advanced product ‘Dyson Supersonic Hair Dryer’. The product features one of the lightest and smallest motor that can run at a speed of 110,000 rotations per minute. This dryer is designed for the precise air flow without any temperature fluctuation, which reduces the risk of hair, skin, and scalp damage due to heat. Thus, product and technological advancements are also projected to boost the market growth over the forecast period. Asia Pacific is expected to be the fastest-growing regional market at a CAGR of 5.6% from 2019 to 2025.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/hair-dryer-market

Further key findings from the study suggest:

• North America is the largest regional market; however, Asia Pacific is expected to witness the fastest CAGR of 5.6% from 2019 to 2025
• Major companies in APAC have undertaken several strategies including extensive R&D and M&A to cater to the increasing demand for advanced products, which is a key contributing factor for the market growth
• For instance, in November 2018, Panasonic Corp. launched two products, ‘Nanoe’ & ‘Double Mineral Hair Dryer EH-NA98’ in Malaysia
• These products offer controlled temperature air flow, which reduces the hair and scalp damage due to heat
• Corded products held a share of more than 80% in 2018. The cordless product segment is expected to register the fastest CAGR during the forecast years
• Some of the Key companies in the hair dryer market include Conair Corp., Panasonic Corp., Dyson Ltd., Koninklijke Philips N.V., Sharp Corp., Revlon, TESCOM Co., Beauty Elite Group, Drybar, LLC, and Remington

For More Information: www.grandviewresearch.com

Gym Bag Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global gym bag market size is expected to reach USD 1.8 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.9% CAGR over the forecast period. The growth in the market is driven by increasing consumer consciousness regarding fitness and the availability of various products and accessories to suit individual needs. Moreover, rapid growth of the fitness and wellness sector in Asia and South America, along with rise in sales of health and fitness equipment, accessories, and products used in the industry and increasing presence of health clubs and fitness centers in these regions are contributing to the growth of this market.

The market is also driven by increasing purchasing power of consumers in developing countries in recent years, which has propelled product demand. Growth of the middle-income population group in these countries has resulted in higher disposable income in recent years. This has enabled them to opt for on-trend, fashionable, and premium products in the health and fitness sector. Surge in new product launches and the impact of ecommerce are other key factors driving the global market. Leading manufacturers are looking to cater to varying consumer requirements when it comes to a gym bag. These are then being made available across a host of online and offline distribution channels.

Increasing number of people turning to healthier lifestyles has also inspired several multinational companies to encourage their employees to take up health and fitness club memberships, a trend that is likely to give the market a boost. Gym bags that are compatible with various smart and connected devices is a lucrative opportunity for players in the market.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/gym-bag-market

Further key findings from the report suggest:

• In terms of revenue, duffle bags are projected to register a CAGR of 7.5% over the forecast period
• The offline channel led the market with a share of 86.6% in 2018. Varied products sold at supermarkets, hypermarkets, specialty stores, and others play a critical role in driving this segment
• North America dominated the global gym bag market in 2018, accounting for 38.3% of the revenue that year. This trend is projected to continue over the next few years
• A growing health and fitness industry, fueled by increasing awareness regarding fitness and well-being among consumers, is expected to propel the market
• With increasing disposable income in India, South Korea, China, and Japan, these markets offer lucrative opportunities for growth in Asia Pacific
• The industry is highly competitive in nature with the main players being JensenLee; Everlast Worldwide, Inc.; Chateau Manufacturing; Harissons; Nike, Inc.; ToteBagFactory; Herschel Supply Co. USA; and Adidas AG
• Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

For More Information: www.grandviewresearch.com

Candle Market Size, Share & Industry Analysis By 2025

The global candle market size is expected to reach USD 6.06 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.4% during the forecast period. Increasing popularity of using candles in home décor and ambience creation is expected to fuel the growth. Rapid rise in adoption for residential and commercial applications coupled with the demand for candles for religious purposes is anticipated to further drive market. Service providers such as hotels, restaurants, and beauty and spa use candles to create a warm, cozy, and relaxing ambiance. This factor is projected to further drive the product demand.

Scented candles have been gaining popularity in the recent years among urban millennials from developed countries including U.S., Germany, and France. These scented candles are available in various fragrances including basil, eucalyptus, jasmine, lavender, lemon, orange, rosemary, and vanilla among many others. Each of these fragrances are situation specific and have unique health benefits. For instance, basil helps create a positively alert mental state. It helps ensure better concentration and is found to be beneficial for nervous system stimulation, migraine relief, and improved digestion. Similarly, eucalyptus is found beneficial for the treatment of various diseases including asthma, sinusitis, bronchitis, cough, pneumonia, rheumatism, and arthritis.

In April 2019, Yankee Candle Company, launched a Sunday Brunch Candle collection. These products are available in jars under the brand names, Easter Basket and Rainbow Shake. These products will be launched in seven different fragrances including Grilled Peaches, Vanilla, Honey Lavender Gelato, Strawberry Bellini, Belgian Waffles, Blush Bouquet, and Sweet Morning Rose. Louis Vuitton, the French fashion house and luxury retailer, launched a line of scented candles in October, 2018. It will comprise of four scented candles including L’Air du Jardin, Île Blanche, Feuilles d’Or, and Dehors Il Neige.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/candles-market

Further key findings from the report suggest:

• Votives product forms accounted for more than 25% of the global revenue in 2018
• Pillar candles is expected to witness the fastest CAGR of 9.0% from 2019 to 2025
• Online segment is expected to register the fastest CAGR of 8.7% over the forecast period
• Paraffin products accounted for more than 30% of the global market share in terms of revenue in 2018
• Key players operating in the candle market are Yankee Candles, White Barn Candles, Village Candles, Thymes, Slatkin & Co, NEST, Malin + Goetz, Jo Malone, Diptyque, Colonial Candle, Circle E Candles, Bridgewater Candles, Better Homes and Garden, and Bath & Body Works

Candle Market Share Insights

Some of the key players include Bath & Body Works, Better Homes and Garden, Bridgewater Candles, Colonial Candle, Circle E Candles, Diptyque, Jo Malone, Malin + Goetz, NEST, Slatkin & Co, Thymes, Village Candles, White Barn Candles and Yankee Candles. The presence of various international as well as local players has made the market highly fragmented. The barrier for entry is very low. Majority of associations for orphans and mentally and physically challenged people employ them in candle manufacturing. China is one of the key manufacturing destinations, which is popular for the production of various color customized handcrafted candles.

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Aerosol Actuators Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global aerosol actuators market is expected to reach USD 1.46 million by 2025, growing at a CAGR of 5.3%, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to increasing consumption for personal care products by the consumers due to increasing usage of self-grooming products.
Growing use of aerosol actuators in inhalers, medicated lotion dispensers, nasal sprays, throat and other pharmaceutical products driven by ease of application is expected to boost the aerosol actuators market over the forecast period. Technological advancements in the actuators design aimed at enhancing product appeal and ease of operation, have led to an increase in the demand for the product.
The companies in the industry source low cost raw materials from the manufacturers in China. Key players in the market are involved in the production of customized and standard actuators, that are supplied through dedicated distribution network connecting with major aerosol manufacturers and fillers.
Europe accounted for a high market share of over 38.0% in 2016 owing to high consumption of personal care products such as deodorants and hairsprays coupled with high standard of living in the region. Rising market maturity is expected to result in a limited growth of the product thereby losing its market share to Asia Pacific.

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https://www.grandviewresearch.com/industry-analysis/aerosol-actuators-market

Further key findings from the report suggest:

• Dosage actuators segment is expected to be the largest product segment for medical application, growing at a rate of CAGR 4.5% by volume from 2017 to 2025. Increasing adoption of the product for inhalers and sprays is expected to drive the demand over the forecast period.
• Automotive & industrial application segment is expected to grow from USD 93.5 million in 2016 to USD 165.4 million owing to increasing use of aerosol paints & cleaners for aforementioned application. The demand will be influenced by the effective use of paints and lubricants using actuators.
• Middle East & Africa is expected to exhibit highest growth, growing at a CAGR of 6.7%, by volume from 2017 to 2025, owing increasing manufacturing base coupled with high adoption rate of aerosol products in this region.
• Key market participants include Aptar Group, Mitani Valve Co. Ltd, Lindal Group, Coster Group and Summit Packaging Systems Inc. with the companies focusing on low cost, new technology and customized products to gain market share

For More Information: www.grandviewresearch.com

Factors Driving the Blow Molded Plastics Market in Coming Years

The global blow molded plastics market is expected to reach USD 191.6 billion by 2025, according to a new report by Grand View Research, Inc. The global blow molded plastics industry is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application sectors.

The industry has experienced solid development over the past years. However, several structural issues continue to plague the industry participants present in the entire value chain. Machinery manufacturers also compete heavily with price flections in, as is the case in most other machinery manufacturing industries.

These types of plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several application segments owing to their lubricity, flexibility, increased strength and stiffness, and various product characteristics (flame-retardant, UV stability, availability in numerous colors, and antioxidant). This trend is anticipated to drive global market growth over the forecast period. Reduced costs and light weight of plastic compounds further contribute to the rising product demand in various industrial applications, mainly in construction and automotive sectors.

Extrusion blow molded plastics was the largest and the fastest growing technology segment in 2016. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables the manufacturers to increase output along with the efficiency of providing customized products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology.  Hence, it is expected to be the largest technology segment in the next eight years as it is used to manufacture plastic products for several end-use industries.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/blow-molded-plastics-market

Further key findings from the report suggest:

• The global blow molded plastics demand was 68.13 million tons in 2016 and is estimated to grow at a CAGR of 3.6% from 2017 to 2025
• Polyethylene was the largest product segment in 2016. PE compounds are dominantly used across various industries and have been an integral material for packaging industry. Apart from the packaging sector, the UHMWPE finds application in manufacturing high performance medical devices
• Acrylonitrile butadiene styrene (ABS) to emerge as the fastest growing product segment owing to increasing demand form the automobile industry
• Asia Pacific accounted for over 30% of the overall volume in 2016. China blow molded plastics market to witness a growth of 6.1% to reach a net worth of USD 30.62 billion by 2025.
• Major resin manufacturers currently operating in the market include Dow Chemical Company, Sabic, ExxonMobil, LyondellBasell and Sinopec. They account for less than 40% of the overall global annual output
• Favorable federal regulations by agencies such as EPA, NHSTA, CARB, and SEPA regarding carbon emissions along with EU initiatives to develop blow molding applications for manufacturing light and fuel-efficient cars are likely to boost global market growth

For More Information: www.grandviewresearch.com

Thermoplastic Polyester Elastomer Market Is Likely To Reach $1.49 Billion By 2025

The global thermoplastic polyester elastomer (TPEE) market is expected to reach USD 1.49 billion by 2025, according to a new report by Grand View Research, Inc. Progress in plastics technologies & compounding or processing capabilities are expected to complement industry growth over the forecast period. 

Thermoplastics polyester resins combine excellent electrical, mechanical, and thermal properties with high dimensional stability & chemical resistance among other advantageous characteristics. Growing penetration of bio-based feedstock from renewable resources such as biomass has had a significant impact on sustainable consumption patterns in the market.

Significant growth in end-use industries such as automotive, construction, industrial manufacturing, electrical & electronics, consumer goods and others in emerging economies is a major factor driving TPEE demand. The value chain consists of raw material manufacturers producing ethylene, methacrylic acid and SBS rubber, which are highly dependent upon crude oil supply and challenge suppliers.

Increasing R&D activities by numerous companies involved in the production, distribution and recycling of TPEE compounds are expected to drive investments in the market and boost growth. New entrants are likely to be compelled to innovate in order to compete with existing multinational companies and gain a foothold in the market.

Automotive emerged as the dominant end-use market with over 42% of the volume share in 2016. TPEE materials that foster higher performance of components such as airbag accessories, lock assemblies, door handle seals, silencer gears and others are anticipated to drive industry growth over the forecast period.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/thermoplastic-polyester-elastomer-tpee-market

Further key findings from the report suggest:

• The global thermoplastic polyester elastomer market exceeded 230 kilo tons in 2016 and is expected to grow at a CAGR of 4.9% from 2016 to 2025
• Increasing consumer interest in miniaturized and ‘smart’ wearable electronics has driven TPEE consumption in this segment. The electrical & electronics end-use market is likely to account for about USD 290 million by 2025, growing at CAGR of 6.2% from 2017 to 2025.
• Rising expenditure on healthcare and medical facilities is another driving factor with expanding geriatric population across developed economies and numerous epidemic breakouts in recent years. The compound is widely used in the production of medical devices, equipment and even surgical instruments owing to its high safety features & sustainability.
• The U.S. is anticipated to remain a major market in the industry on account of the high levels of industrialization and concentrated large players present in the country
• China is also anticipated to remain a dominant player with increasing investments in the region’s industries such as automotive, construction, medical and electronics. Rising disposable income is also expected to play a key role in developed TPEE production capabilities as consumers invest higher levels in advanced goods.
• The industry is fragmented in nature with large multinationals occupying dominant position in the market such as DuPont, A. Schulman, BASF, Ashland, Covestro, SABIC, Mitsubishi Chemicals and others. Smaller to medium sized players occupy a relatively minor share with limited product portfolios and presence.

For More Information: www.grandviewresearch.com

Chromatography Resin Market Size Worth $2.86 Billion By 2025

The global chromatography resin market is expected to reach USD 2.86 billion by 2025, according to a new report by Grand View Research, Inc. Growing number of CRO (Contract Research Organization) and CMO (Contract Manufacturing Organization), and use of chromatography in food quality and safety testing is further propelling the market growth.

The growing pharmaceutical sector in the Asia Pacific region especially in China and India, owing to abundance of high skill workforce and increase in disposable income are some of the factors positively influencing the market. In addition, the guidelines issued by food regulatory authorities for safety and quality of food and beverages products is expected to have a positive impact on the industry.

The growth in demand from Food and Beverages (F&B) sector is due to increase in awareness among public towards the quality and safety of the food products is encouraging the food manufacturers to do strict food checks of their product, which in turn giving boost to use of chromatography resin in F&B sector.

The ion exchange resin and size exclusion resin segment are expected to collectively account for 60% of the global market share in 2025. The demand for these products is attributed to increase in drug discovery process by pharmaceutical companies which require chromatography technique to separate complex mixtures and purification of materials. In addition, use of chromatography in water treatment is projected to boost the demand for the chromatography resin products over the forecast period.

North America was leading the market due to presence of most of the global pharmaceutical companies in the region. Huge healthcare expenditure coupled with growing regulation by food safety authorities such as Food and Drug Administration (FDA) is leading the expansion of the market in this region.

To request a sample copy or view summary of this report: 
https://www.grandviewresearch.com/industry-analysis/chromatography-resin-market

Further key findings from the report suggest

• The market is projected to grow at a CAGR of 6.5% from 2017 to 2025 on account of growing pharmaceutical sector. Synthetic Resin will witness fastest growth in terms of revenue at a CAGR of 7.2% from 2017 to 2025 owing to its high productivity.
• Asia Pacific market is anticipated to witness substantial development and was valued at USD 608.9 million in 2016 on account of rising disposable income and increasing number of pharmaceutical companies.
• Key players in the market include Merck KGaA, GE Healthcare Lifesciences, Tosoh Corp, Purolite Corp, Danaher Corp, Mitsubishi Chemical, W.R Grace, Thermo Fisher Inc, Bio-Rad Labs and others. These companies are focused on increasing on producing more productive resin type and find innovative application for their resin products.
• In November 2015, Merck KGaA acquired Sigma -Aldrich, and this acquisition would enable Merck to foray especially into chromatography market.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-chromatography-resin-market

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

LNG Market Projected To Reach $20.6 Billion By 2025: Grand View Research, Inc.

The global liquid natural gas (LNG) market is expected to reach USD 20.6 billion by 2025, growing at a CAGR of 12.7%, according to a new report by Grand View Research, Inc. Rising focus on development and expanding gas pipeline infrastructure and growing demand for natural gas from downstream sectors is a crucial driving factor for the industry.

Decreasing LNG prices along with execution of favorable government rules and regulations, which are attracting FDIs & tax schemes are also conducive to industry growth. Cumulative emphasis of adequate support infrastructure in numerous economies is anticipated to enhance product demand in the construction sector, since the product is used in building equipment.

On the contrary, insufficient channel infrastructure is supplementing demand for small scale projects to source natural gas for key consumers in remote areas, specifically in the power generation and industrial manufacturing verticals. Rapid urbanization, industrialization and increasing projects supporting power, gas & petrochemical distribution are projected to positively provide stimulus to the industry.

Power generation accounted for 46% of the volume share in 2016, and is anticipated to grow at over 6.9% CAGR from 2017 to 2025. Power generation plants are gradually shifting from naphtha-based feedstock towards LNG in order to provide cost-competitiveness and enhanced delivery times while also receiving support in the form of favorable regulations encouraging these trends.

To request a sample copy or view summary of this report: 
www.grandviewresearch.com/industry-analysis/liquefied-natural-gas-lng-market

Further key findings from the report suggest:

• The global LNG market demand exceeded 265 million tons in 2016 and is expected to grow at a CAGR of 6.5% from 2017 to 2025
• Transportation is emerged as the largest application in 2016 and is estimated to generate revenue over USD 3.6m billion by 2025 owing to widespread adoption of sustainable resources in place of conventional fuels
• Prices in North America are expected to be dependent upon the Henry Hub model, while demand in South Africa is likely to continue being unpredictable on account of civil unrest and fluctuating supply dynamics
• Europe is likely to witness moderate progress with rising competition from Russia and Norwegian piped natural gas (PNG). Africa is expected to remain a rapidly developed market with new production strategies in the Cameroon and development anticipated in Mozambique.
• Asia Pacific consumption patterns are projected to remain exponentially high over the next decade owing to various developments across emerging economies, especially in the power generation and transportation market. The region is expected to grow at a CAGR of 6.5% from 2016 to 2025
• Key players including Chevron, Exxon Mobil, PetroChina, Total SA, Stat oil, Eni S.p.A., BP plc, Royal Dutch Shell, Conoco Philips and CPCC dominated the sector accounting for over 60% of the total volume in 2016

Access press release of this research report by Grand View Research: www.grandviewresearch.com/industry-analysis/liquefied-natural-gas-lng-market

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

Factors Driving the Flat Steel Market in Coming Years

The global flat steel market is expected to reach USD 1,015.7 billion by 2025, growing at a CAGR of 3.6%, according to a new report by Grand View Research, Inc. The rapid industrialization, increase in infrastructural investment and growing global population has been a major factor driving the global market. 

Building & infrastructure application segment has been witnessing significant growth in the flat steel market. Steel is one of the vital requirements during construction on account of durability, low maintenance, long life period, high strength, and reusability. This is likely to have a positive impact on the demand for the flat products in this sector.

Volatile price of raw material is expected to be the major market restraint over the forecast period. Instability of raw material prices is anticipated to keep the whole sector under pressure in future.

Companies have been trying to improve competitiveness by optimizing existing processes and developing new processes to reduce environmental impact, improve quality, and reduce cost. Companies including ArcelorMittal have been trying to develop products which can provide steel solution to engine powertrains and low-cost cars.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/flat-steel-market

Further key findings from the report suggest:

• Plates segment is expected to grow at fastest CAGR of 4.0% from 2017 to 2025, in terms of revenue, due to its wide range of application in construction industry
• Building & infrastructure segment emerged as the largest application in 2016 and is expected to grow at fastest CAGR of 4.1% from 2017 to 2025 on account of high demand for sustainability, durability, and economically efficient materials.
• Mechanical equipment segment is expected to grow at fastest CAGR of 3.6% from 2017 to 2025 in terms of revenue in North America region on account of growing agricultural and construction machinery sector.
• Europe accounted for the market share of 18.56% in 2016 and is expected to grow at a CAGR of 3.0% from 2017 to 2025 in terms of revenue due to massive production in the economies of this region. Germany is the world’s fifth largest exporter in 2016, exported 24.8 million metric tons in more than 200 countries.
• The Asia Pacific market is expected to witness fastest CAGR from 2017 to 2025 on account of high GDP growth, rising population, and rapid industrialization & urbanization in the region
• Market players have been adopting mergers & acquisition, expansion, and agreement & partnership as their key strategic initiatives over the past years. For instance, in February 2017, ArcelorMittal entered into a joint venture with Cellino to form Steel Came. The company held a share of 35.0% in the new venture.

For More Information: www.grandviewresearch.com

Rapid Increase in Photovoltaic Materials Market - Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2025

The global photovoltaic materials market is expected to reach USD 36.23 billion by 2025, according to a new report by Grand View Research, Inc. The growing PV installations coupled with rise in module manufacturing facilities in Asia Pacific is driving market demand.

The demand for photovoltaic materials is the highest in the construction of solar cell. The growing number of PV projects commissioned by the government is boosting the consumption. The government incentive offered on building integrated photovoltaics is expected to further augment market demand.

Asia Pacific accounted for the maximum market share owing to the presence of a large number of module manufacturers in China and India. The slowdown in the Chinese manufacturing sector due to sanctions imposed by the government is expected to force module manufacturers to turn towards other developing countries. The growing exports of solar cells from Asia Pacific to North America and Europe are expected to have a positive impact on market demand.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/photovoltaic-pv-materials-market

Further key findings from the report suggest:

• Polycrystalline silicon dominated the material segmentation with a market share of 62% in 2016.
• Copper Indium Gallium Selenide material segment is projected to grow at a CAGR of 13.3% from 2017 to 2025 owing to research on new materials to be used in the construction of solar cell.
• Encapsulant products are anticipated to grow at a CAGR of 11.8% from 2017 to 2025 due to high demand for these products in thin film and silicon wafer modules
• Europe market share is expected to decrease to around 14% in 2025 owing to growing exports of PV modules from Asia Pacific.
• Middle East & Africa is anticipated to grow at a CAGR of 8% from 2017 to 2025 owing to governments in these regions investing heavily in solar PV installations.
• The industry participants are engaged in research on new materials used in the manufacturing of solar cells.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-photovoltaic-pv-materials-market

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

Canned Seafood Market Dynamics, Emerging Growth Factors and Forecasts To 2025

The global canned seafood market is expected to reach USD 27.8 billion by 2025, growing at a CAGR of 3.2% according to a new report by Grand View Research, Inc. The industry is anticipated to grow on account of rising demand for processed food due to ease of consumption.

The health benefits offered by canned sea food such as essential nutrients added during canning process including vitamin B12, D and A leading to the metabolism improvement, is expected to drive growth over next eight years. In addition, high demand for the ready to eat seafood is expected to translate into an increased product consumption.

The product offers health benefits including improvement eye sight, reduced risk of depression, increased immunity. In addition, the calcium content provided by this product helps in increasing bone strength thereby driving the demand for such products. Use of sustainable fish farming techniques is expected to result in an increased yield, leading to abundance of raw material for the market.

Technological advancements in tuna fishing with use of Fish Aggregating devices and advanced packaging technology for fish products is anticipated drive the industry growth over the eight years. In addition, improved packaging procedures with the use of RFID tags to improve the product traceability and agglomeration is expected to increase the product adoption by the consumers, thereby contributing to the market growth.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/canned-seafood-market

Further key findings from the report suggest:

• Sardines is expected to emerge as the fastest growing segment growing at a CAGR 5.0%, by revenue from 2017 to 2025 owing to the rising availability in ecommerce coupled with increased health benefits offered by the product.
• The market for canned tuna is expected to account for 47.5% of the global volume due to high consumer adoption coupled with superior taste of the product. In addition, the industry is expected to benefit from the high production volume of tuna primarily in Asia Pacific.
• The industry in Asia Pacific is expected to grow at a CAGR of 4.1% by revenue, from 2017 to 2025 due to high product consumption by the consumers as a part of staple diet primarily in China, Japan, and Thailand.
• A majority of the products consumed across the globe are manufactured and canned in Asia Pacific due to abundance of raw material coupled with presence of a large number of canneries in the region.
• Key players operate the business through mergers & acquisitions in order to increase the market share. In addition, the companies produced varying customized products in accordance to the export destinations of the product.

For More Information: www.grandviewresearch.com

Hydrophobic Coatings Recent Industry Trends and Projected Industry Growth, 2019-2025

The hydrophobic coatings market is projected to reach USD 2.33 billion by 2025, according to a new report by Grand View Research, Inc. The demand for hydrophobic coatings is expected to grow on account of the increasing utilization in various application industries including automotive and construction. The growing emphasis on infrastructure development coupled rising standard of living in developing economies is expected to have a positive impact on the automotive and construction industry growth. As a result, the demand for the compounds is expected to witness significant growth over the next nine years.

The increasing investment in research & development by key players in the market to enhance the product characteristics is expected to be a key strategy in increasing their market share. However, high cost of the technology attributed to the product is expected to restrain growth over the forecast period.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/hydrophobic-coating-market

Further key findings from the report suggest:

• Anti-corrosion hydrophobic coatings accounted for over 24% of the revenue share in 2015. The increasing utilization in automotive, construction, medical and aerospace industry is expected to drive the market over the forecast period. Growing use of the product in automotive industry in coating the exterior metal and the glass components is expected to have a positive impact on growth.
• Antifouling coatings demand in the market was valued at USD 146 million in 2015. These coatings are expected to gain share on account of the extensive utilization in the marine industry. These compounds are used on the exterior hull of the ship to reduce the impact of aquatic vegetation which affects the longevity of the ship.
• Hydrophobic coatings are replacing hydrophilic compounds in automotive industry. Rising penetration of the product in the industry on account of superior properties is likely to drive demand over the forecast period. Furthermore, growing automotive industry in developing economies is expected to aid the hydrophobic market growth particularly in Asia Pacific and Middle East & Africa.
• Hydrophobic coatings demand in Asia Pacific is expected to grow at a CAGR of over 7% from 2016 to 2024. Growing application industries in the region is expected to drive demand over the forecast period. High production volume in China and India is expected to be the vital aspect for the growth in the two countries.
• Key players include BASF SE, Aculon Inc., 3M, AkzoNobel N.V., and Accucoat Inc. BASF SE has recently started manufacturing hydrophobic coatings for construction industry under the brand name MasterProtect. Leading manufacturers are involved in collaboration in order to increase their industry presence.

For More Information: www.grandviewresearch.com

Steam Turbine Market Size by Manufacturers, Countries, Type and Application, Forecast to 2025

The global steam turbine market is expected to reach USD 15.48 billion by 2025, according to a new report by Grand View Research, Inc. Steam turbines have been a key part of the global power generation systems from past. However, factors such as limited primary energy sources, increasing awareness regarding environmental pollution, etc. has resulted in rising need towards developing efficient steam turbines.

Steam turbines are now popularly used for combined heat & power (CHP) systems, mainly employed in industrial applications. CHP units offer greater efficiency & flexible output and also operate on cleaner fuels such as natural gas. Legislative support towards CHP installation is expected to foster small and medium capacity steam turbines demand over the forecast period.

The performance of the steam turbine greatly influences the overall efficiency, and for the same, market participants focus on improving the turbine efficiency. Companies such as GE have implemented a number of programs focusing on material development. Re-heat technology is another aspect which GE has revealed to have achieved a break through. The company is also working on double re-heat technology which is expected to significantly boost the system efficiency.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/steam-turbine-market

Further key findings from the report suggest:

• The global steam turbine market capacity was 103.16 GW in 2015 and is expected to reach 121.27 GW, growing at a CAGR of 1.6% from 2016 to 2025
• Steam turbines with <120 MW capacity is expected to be the fastest growing segment on account of increasing demand for small capacity CHP units
• Power & Utilities is expected to emerge as the largest application segment and accounted for over 70% of total capacity in 2015
• Industrial application segment is expected to witness the highest growth of 3.3% in terms of revenue over the forecast period
• Asia Pacific was the leading regional market with capacity share exceeding 50% in 2015
• Asia Pacific is also expected to witness the fastest growth of 3.2% over the forecast period owing to rapid industrialization and increasing focus on thermal power plants to fulfill increasing electricity demand.
• Siemens is expected to emerge as the largest player in the industry and is anticipated to hold over 20% of the market share
• Other companies operating in the market space include General Electric Co., Mitsubishi Heavy Industries Ltd., Toshiba, Ansaldo, Hitachi, Dresser-Rand

For More Information: www.grandviewresearch.com

Saffron Market Witness Lucrative Growth of $2.0 Billion by 2025 | Key Players Iran Saffron Company, and Saffron Business Co.

The global saffron market is expected to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising product use in food applications as a flavoring and coloring agent will augment growth over the next nine years.

The product is being employed in medical applications to treat dry skin, cough, and asthma. Rising demand from the pharmaceutical sector on account of its antioxidant, anti-inflammatory, anti-tumor, and anti-diabetic properties is expected to have a positive impact on the industry. Growing popularity as an herbal health supplement is expected to propel product growth over the next nine years.

Rising product use in the treatment of acne, tan removal, and other skin related issues, is expected to fuel its need in the manufacturing of skin care products which in turn will fuel demand.

Increasing product use in textile and paint applications on account of properties such as oriental fragrance, natural color dyeing, and replacement of chemical color pigment respectively will propel industry development. Expansion of the perfume sector in Middle East & Africa and Asia Pacific is expected to propel product need over the next nine years.

The saffron market is a labor intensive sector along with specific agro-climatic condition requirements, which imply high production costs which in turn impact product prices. This factor may restrain industry development over the forecast period.

To request a sample copy or view summary of this report: 
https://www.grandviewresearch.com/industry-analysis/saffron-market

Further key findings from the report suggest

• The market is expected to grow at a CAGR of 12.0% from 2016 to 2025 on account of increasing use in the food sector
• Food as an application of the product will witness the fastest growth in terms of revenue at a CAGR of over 13% from 2016 to 2024 owing to its flavoring and coloring properties
• Europe market is expected to witness significant development and was estimated at over USD 250 million in 2015 on account of rising demand from the food and healthcare sector
• Key participants include Gohar, Rowhani., Iran Saffron Company, and Saffron Business Co.
• Key companies are focused on increasing their global presence through the integration of supply chain.
• In January 2017, Rowhani revised its product manufacturing schedule to implement mechanization and use scientific research to enhance product quality

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-saffron-market

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

Cold Storage Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global cold storage market size is anticipated to reach USD 212.54 billion by 2025 expanding at a CAGR of 12.2%, according to a new report by Grand View Research, Inc. The retail sector in emerging economies, such as India and China, is getting more organized and this trend is expected to augment the demand for cold storage over the forecast period. Government policies to deregulate the entry of foreign companies have increased the Foreign Direct Investment (FDI) in the retail sectors of such regions.

Organized retail stores use better refrigeration and improved storage technology than the traditional stores. Thus, consumers are increasingly purchasing frozen foods from these retail stores. With the increased demand for chilled and frozen foods and rapidly expanding of the organized retail sector, the demand for the cold storage solutions is expected to grow over the projected period. The organized retail supports different outlet formats depending on spending power and proximity from major residential and consumption clusters.

The offline mode of the organized retailing is categorized into convenience stores, supermarkets, and hypermarkets based on the product range and surface coverage. On the other hand, lack of power hook-ups for reefer trailers at transportation hubs and ports coupled with the lack of reliable power supply for cold warehouses further increases the operation costs.

However, this also offers opportunities for companies to develop unique solutions or leverage alternative energy sources that can overcome these issues in emerging markets. Furthermore, new transportation means, such as versatile refrigerated containers, are being developed to overcome the lack of adequate transportation facility. These solutions can provide access to international markets and offer opportunities for farmers and small-scale businesses in these regions.

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Further key findings from the study suggest:

• Factors, such as environmental auditing and construction of low-carbon buildings and energy-efficient cold storage warehouses, are anticipated to drive the market in the years to come
• Rising consumer preference for private labels will contribute to the growth of food retail chains across the globe, thereby augmenting the demand for cold storage solutions
• The frozen temperature type segment is anticipated to register a CAGR of 11.2% from 2019 to 2025 due to significant changes in living standards and food consumption behaviour of consumers
• The processed food application segment is anticipated to witness the highest growth rate over the projected period
• The cold storage market in Japan is increasingly becoming saturated, thus, the operators in the country would be looking for opportunities to increase the international trade
• Key companies in the market include Barloworld Limited (South Africa); VersaCold Logistics Services (Canada), Cloverleaf Cold Storage (U.S.), and Henningsen Cold Storage (U.S.)

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