Chitosan Market Size Worth $21.41 Billion By 2025 | CAGR 20.8%

The global chitosan market size is expected to reach USD 21.41 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 20.8% from 2019 to 2025. Growing scope of applications in cosmetics, water treatment for removal of impurities, and medical sectors is the key factor driving the market. Moreover, rising demand for bio-based chemicals and less number of fresh water resources is impelling the market growth. North America is expected to lead chitosan market in the near future due to positive outlook from the pharmaceutical sector in the region.

Additionally, rise in demand from cosmetic industry and growing application scope in waste water treatment along with government initiatives are also propelling the growth. The market competition is expected to intensify in the coming years owing to escalating demand for chitosan for varied applications. Rising need for waste water treatment in industries, such as textile, dairy, paper & pulp, metal cutting, and chemical, is anticipated to propel the product demand. Thus, increasing product demand as a water treatment chemical and strict regulations on the disposal of industrial waste water are also likely to boost market growth.

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https://www.grandviewresearch.com/industry-analysis/global-chitosan-market

Further key findings from the study suggest:

• North America is expected to be the fastest-growing region due to increasing demand and rising preference of pharmaceutical and cosmetics manufacturers for naturally-derived products
• Pharmaceutical industry in Canada is projected to expand at a CAGR of 21.03% in near future due to increasing R&D for product application in tissue engineering
• Some of the key companies in the market include Qingdao Yunzhou Biochemistry Co., FMC Corp., Golden-Shell Pharmaceutical Co. Ltd., and Heppe Medical Chitosan GmbH
• Companies are focusing on strengthening their global reach by improving the product purity. They are also investing in R&D for the production of biomedical and pharmaceutical grades of the product

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Gaskets and Seals Market Worth $89.66 Billion By 2025 | CAGR: 5.2%

The global gaskets and seals market size is expected to reach USD 89.66 billion by 2025, at a CAGR of 5.2% from 2018 to 2025, according to a new report by Grand View Research, Inc. Increasing demand for LCD displays, backed by the high demand for electronics device is expected to drive the growth.

The use of gaskets and seals is projected to witness significant rise in demand from automobile industry as they mitigate sound and vibration in automobile engine and body parts. Moreover rising production of automobile in developing economies is anticipated drive the market growth due to extensive application scope including sunroofs, panels, interior door panels, and fuse boxes.

The threat of substitution is expected be relatively low, due to unavailability of commercially viable alternatives. However, presence of a number of internal substitutes, such semi-metallic gaskets is expected to result in substitution of their metal counterparts across application segments.

Technological advancements coupled with improvements in existing production and curing techniques, such as moisture cure and see cure is expected to result in the manufacture of advanced products. Growing application of advanced products across the application industries is expected to drive growth of the gaskets and seals market over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/gaskets-seals-market

Further key findings from the report suggest:

• Gaskets segment is expected to register the highest CAGR of 5.4% from 2018 to 2025, owing to the ability of the product to prevent ingress of toxic and corrosive chemicals in chemicals and oil and gas industries
• Seals accounted for a market share of USD 35.5 billion in terms of revenue in 2017 due to high product demand from industrial manufacturing on account of superior leak proofing offered by the product
• China contributes the largest share to the Asia Pacific gasket market, accounting over 54.0% of market share in 2017.owing to the presence of robust manufacturing base primarily for the automotive and electronics industries
• The gaskets and seals market is characterized by the presence of a large number of companies with extensive direct and third party distribution channels to boost the sales
• Key companies are involved in the production of a large volume of the products to increase the annual sales in addition to laying high emphasis on the product manufacturing with increased functionality

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North America RPE Market Is Anticipated To Grow At A CAGR of 7.9% By 2026

The North America Respiratory Protective Equipment (RPE) market size is expected to reach USD 2.86 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.9% over the forecast period. The industry is anticipated to witness growth owing to the stringent regulations and guidelines for employee safety, by various regulatory bodies such as Occupational Safety and Health Administration (OSHA) and Centers for Disease Control and Prevention (CDC).

Increasing incidence of occupational illness and deaths in industries coupled with rapid outbreak of diseases urge various health regulatory bodies to adopt necessary measures for preventing further occurrences. The penetration of RPE for protecting employees against vapors, inhaling hazardous gases, chemical agents, particulates, radiological particles, and biological contaminants is projected to drive the product demand.

Growing importance of raw materials offering features, such as lightweight, comfort, higher heat resistance, and low breathing resistance has been a significant incentive for companies to conduct extensive R&D. These initiatives are primarily aimed at achieving the multi-functionality of protective clothing by adding innovative add-ons to the existing equipment.

Technological advancements and growing concerns about employee health and safety are anticipated to provide lucrative opportunities to market participants over the next few years. Product innovation for enhancing the shelf-life of respiratory protective equipment is further estimated to positively drive the North America Respiratory Protective Equipment (RPE) market over the projected period.

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https://www.grandviewresearch.com/industry-analysis/north-america-respiratory-protective-equipment-rpe-market

Further key findings from the report suggest:

• Air-purified Respirators (APR) accounted for 61.4% of market share in terms of revenue in 2017 owing to growing demand for powered, unpowered, and escape respirators in U.S. and Canada
• In Mexico, demand for escape respirators is expected to be USD 12.2 million by 2026 as these masks are increasingly being used for protection against Chemical, Biological, Radiological, and Nuclear (CBRN) warfare agents
• In Canada, demand for airline respirators is expected to witness significant CAGR of 7.1% during the forecast period as they provide respiratory protection for longer durations which aids its application in industrial applications
• APR in the fire services industry in Mexico is expected to expand at a CAGR of 8.7% over the forecast period as APRs offer protection to the firefighters from different toxic and carcinogenic compounds
• Major companies involved in the North America Respiratory Protective Equipment (RPE) market include 3M, DuPont, Avon Rubber plc, Alpha Pro-Tech, Ansell, Bullard, VF Imagewear (Bulwark), Delta Plus, ILC Dover, and Kimberley Clark Corporation

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Mixed Mode Chromatography Resin Market Is Thriving Worldwide 2019 - 2025

The global mixed mode chromatography resin market size is expected to reach USD 130.3 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a 7.1% CAGR during the forecast period. Growing number of contract manufacturing organizations (CMOs) and contract research organizations (CROs), along with increasing use of chromatography resin in separation of monoclonal antibodies, is anticipated to propel the market.

The Ion exchange - Hydrophobic resin segment is expected to dominate the global market till 2025. Demand for this technique is attributed to growth in drug discovery by pharmaceutical companies. These companies use chromatography techniques to separate complex mixtures and purification of materials. Increasing number of epidemic diseases such as Zika and Ebola is expected to further boost the mixed mode chromatography resin market.

Asia Pacific, especially China and India, is expected to generate significant demand for mixed mode chromatography resin owing to growing pharmaceutical sector, coupled with abundance of high skilled workforce and increase in disposable income.

Presence of global pharmaceutical and biotechnology companies, along with their research and development facilities, has enabled North America to be a key market for mixed mode chromatography resin. Massive healthcare expenditure is also driving the expansion of the market in this region.

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https://www.grandviewresearch.com/industry-analysis/mixed-mode-chromatography-resin-market

Further key findings from the report suggest

• The market is projected to exhibit a CAGR of 7.1% from 2018 to 2025 on account of budding pharmaceutical and biotechnology sector
• Ion exchange - Hydrophobic Resin will witness the fastest growth in terms of revenue at a CAGR of 7.6% from 2018 to 2025
• Asia Pacific is expected to grow at a significant pace and was valued at USD 22.4 million in 2017 on account of increasing number of pharmaceutical companies and rising expenditure in healthcare
• Key players in the market include Merck KGaA, Purolite Corp, Danaher Corp, W.R Grace, GE Healthcare Lifesciences, and Bio-Rad Labs
• In November 2015, Sigma-Aldrich was acquired by Merck KGaA, allowing the company to foray into the chromatography market.

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Smart Card Materials Market Worth $1.29 Billion By 2025 | CAGR: 3.7%

The global smart card materials market size is expected to reach USD 1.29 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 3.7% during the forecast period. Increasing demand for secure and reliable payment transactions is one of the primary growth stimulants for the market. In addition, cost saving schemes for merchants of payment brands and growing inclinations towards cashless payments are further stimulating the growth of the market.

Several materials, such as polyvinyl chloride (PVC), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polyethylene terephthalate glycol (PETG), paper, PVC & ABS blends, holographic foil, teslin, and biopolymers such as polylactic acid (PLA), are used for manufacture of card body. In early days, the smart card industry used paper as one of the preferred materials for production. However, in the past few years, plastic materials have almost made paper materials obsolete.

Significant technological advancements, IT revolution, e-governance, and digitization happening across the world are leading to an increase in adoption of smart cards in various end-use sectors. These sectors include banking, financial services and insurance (BFSI), healthcare, government, retail, telecommunication, and hospitality. A broad range of smart cards, including membership cards, government ID cards, gift cards, loyalty cards, access cards, and debit/credit cards, is used in the aforementioned sectors.

Several factors such as personalization, selection of material, operational accuracy, data integrity, easy implementation, and top-level security are taken into consideration while manufacturing smart cards in order to fulfill requirements of end users. Manufacturing of smart cards can be distinguished based on application and technical/physical properties required.

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https://www.grandviewresearch.com/industry-analysis/smart-card-materials-market

Further key findings from the report suggest:

• Polycarbonate is projected to emerge as the fastest growing material segment and is expected to register a CAGR of 4.4% between 2018 and 2025
• The polyvinyl carbonate (PVC) segment will continue to be the largest material segment over the forecast period
• The Asia Pacific market is projected to experience the fastest growth over the same period owing to rising demand from various application sectors, especially from telecommunication and BFSI.
• Key players include SK Chemicals, KEM One, SABIC Innovative Plastics, 3A Composites GmbH, LG Chemicals, and Formosa Plastics Group.

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Air Pollution Control Systems Market is Opening up a Plethora of Opportunities During 2014 - 2025

The global air pollution control systems market size is expected to be valued at USD 98.17 billion by 2025, per a new report by Grand View Research, Inc., registering a 5.0% CAGR during the forecast period. Rampant gas emissions from mining and construction sectors is projected to boost market growth.

Increasing adoption of air pollution control systems, rising awareness towards the importance of ecological conservation, and ongoing efforts to promote adoption of renewable fuels over fossil fuels is predicted to boost the global market. Numerous countries are announcing strict regulations to substantially reduce rampant use of fossil fuels that result in extensive emissions harmful gases and particulate matter.

Polluted air contains harmful substances in high concentrations and this can have undesirable effects on the ecology. Adverse effects include damage to human health, flora and fauna, and the environment at large. The eco system is vulnerable to pollution from natural sources and human activities. Combustion processes are among the largest originators of air contaminants, and industries that need combustion at the core of their processes are said to be major contributors to air pollution.

Scrubbers, both gas and chemical ones, are commonly used air pollution control equipment. Catalytic converters are air pollution control systems that convert hazardous pollutants and gases emitted by industrial exhausts into non-hazardous particulate matter by enabling a redox reaction, where there is a reduction and an oxidation reaction.

Chemical industries are some of the most prominent users of air pollution control systems. These include manufacturers of basic chemicals, specialty chemicals, consumer chemicals, and niche chemicals.

To request a sample copy or view summary of this report, click the link below: 
www.grandviewresearch.com/industry-analysis/air-pollution-control-systems-market

Further key findings from the report suggest:

• The U.S. air pollution control systems market is predicted to exhibit a CAGR of 3.9% over the forecast period. Beneficial government regulations, coupled with economic and financial benefits offered for controlling the pollution, are expected to encourage industry growth in the regional market
• The U.K. market was valued at USD 3.6 billion in 2017. The Department for Environment, Food, and Rural Affairs (DEFRA) is entrusted with the responsibility of regulating and monitoring levels of particulate matter and other harmful gases in the air. According to a 2017 report by the Royal College of Physicians and the Lancet Countdown on Health and Climate Change, 44 cities in the country have reported air quality below the recommended World Health Organization guidelines
• China is among the largest markets in the Asia Pacific region, owing to growing industrial and mining activities in the region. In 2016, the country’s Ministry of Environmental Protection stated that 84 out of 338 prefecture-level cities had accomplished the national air quality standard.

Access press release of this research report by Grand View Research: www.grandviewresearch.com/press-release/global-air-pollution-control-systems-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

Profitable Advantages of Investment in Corrosion Resistant Resin Market

The global corrosion resistant resin market is expected to reach USD 11.50 billion by 2025, according to a new report by Grand View Research, Inc. The modernization of construction industry is a huge development figure, which is driving the overall market advancement of corrosion resistant resins. Corrosion resistant resins are utilized as a part of end-use industries, for instance, in chemical processing, marine, car, oil and gas, and others. Therefore, the increasing use of corrosion resistant resins in the end-use industry is positively affecting the market. The preference for corrosion resistant resins market can be attributed to erosion in structures, hardware, and apparatuses, especially from the substance business plants; particularly parts, for example, boilers, radiators, pumps, and smokestacks. 

Composites is the fastest-developing application segment and expected to surpass USD 2,915.5 million by 2025. Expanding penetration of composites in the corrosion-resistant applications, for example, sewage, water system, chemical, and oil and gas is expected to increase their demand in the corrosion-resistant resin market. The improvement of new composite applications in various enterprises in creating economies and an expected recovery of oil & gas drilling activities in the upcoming years are the real development drivers adding to a sound interest for corrosion-resistant resins in the composites business.

Epoxy is a widely used material for corrosion resistant resin applications and progressively used owing to its excellent properties, such as corrosion resistance, low cost, and easy application. It is expected to lead the corrosion resistant resin market growth over the forecast period. 

Oil & gas end-use industry use corrosion resistant resin on a large scale. Monetary losses due to corrosion can be high. Therefore, corrosion resistant resins are used in the form of coatings and composites in the oil & gas equipment.  Due to its highly structured composition, it is a particularly effective barrier to protect metals against attack by corrosive substances such as hydrogen sulfide, carbon dioxide, and sea water, thus leading to increased demand for corrosion resistant resin in oil & gas industry.

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https://www.grandviewresearch.com/industry-analysis/corrosion-resistant-resin-market

Further key findings from the report suggest:

• Coatings was the leading application segment in 2016, accounting for over 75% of the total demand in the same year. Epoxy resins dominated the product category with a total market of over 796.1 kilotons in 2016.
• Chemical processing industry is anticipated to experience fastest growth, growing at an anticipated CAGR of 6.9% over the forecast period
• Oil & Gas application is the second-fastest growing industry with a demand of over 596 kilotons in 2016
• Asia Pacific emerged as the dominant region and was valued at over USD 2,702.7 million in 2016 with China being the leading market for Oil & Gas. The Asia Pacific region is anticipated to grow at a CAGR of over 7.8% over the forecast period.
• Major players such as BASF SE, Hunstman Corporation, Eastman Chemical Company, Ashland Inc., Scott Bader Company Limited, and Aditya Birla Chemicals dominated the global corrosion resistant resin market in 2016

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Polyimide Films Market Enhances Growth of $3.12 Billion By 2025

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

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

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

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

Further key findings from the report suggest:

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

Access press release of this research report by Grand View Research: www.grandviewresearch.com/press-release/global-polyimide-film-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

Industrial Hemp Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global industrial hemp market size is expected to reach USD 10.6 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.0% during the forecast period. Rising demand for oil in food and beverages owing to growing awareness regarding dietary advantages of hempseed and oil is expected to propel demand.

Growing population and rising disposable income are expected to result in an increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products. These factors are expected to be key driving factors for the market over the projected period.

Increasing R&D activities to develop perfect agronomy and new genetics of crops to obtain high yield and improved product quality have a positive impact on hemp production. Companies in the market operate with fiber treatment technology to make fibers water repellant, fire retardant, absorptive, and super soft, which is expected to drive demand.

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

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

Further key findings from the report suggest:

• By product, seeds accounted for 42.3% of the volume in 2017 owing to increasing demand for hemp grain to obtain seed, oil, and food matter due to its high fatty acid content and nutritional value
• Product consumption in the textile industry is expected to witness a CAGR of 16.9%, in terms of revenue, from 2018 to 2025 due to strong, hypo-allergic, and UV light resistant characteristics of hemp fibers
• The personal care industry accounted for 16.2% of the revenue in 2017 owing to high consumption of the crop oil in personal hygiene products including soap, shampoo, body lotions, and hair care products
• The market in North America is expected to register a volume-based CAGR of 17.6% owing to rising product demand in the automotive industry for manufacturing panels and as an alternative to fiberglass
• Major players in the industry focus on R&D activities to develop new varieties of the crop, full crop utilization, processing methods, and advanced technologies used for processing.

For More Information: www.grandviewresearch.com

Ethoxylates Market Is Anticipated To Grow At A CAGR of 3.5% By 2025

The global ethoxylates market size is expected to reach USD 14.75 Billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness growth at 3.5% CAGR owing to increasing demand in detergents and personal care products by the consumers due to increasing awareness regarding hygiene & health care coupled with exceptional cleansing properties exhibited by ethoxylates.

Growing use of the product in pharmaceutical industry as an ingredient in ointments and emulsions is expected to drive the market growth over the forecast period. In addition, high dependence on ethoxylates based herbicides and insecticides by the farmers, in a bid to increase the crop yield is likely to benefit the market growth.

Technological advancements in the field of metal manufacturing is expected to lead to an increasing demand for the product as a constituent of metal working fluid formulations for foam control is expected to lead to an increase in the demand for the product. The rising use of the product as wetting agent in industrial applications is also expected to have a substantial impact on the demand for the product. Superior properties of the product such as high oxidation resistance, low rinse and excellent de-emulsification has enabled their use for petroleum refining.

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https://www.grandviewresearch.com/industry-analysis/ethoxylates-market

Further key findings from the report suggest:

• Alcohol ethoxylates segment is expected to emerge as the fastest growing product segment, exhibiting a CAGR of 4.2% over the period 2017-2025 Due to increasing demand for detergents, household products
• Pharmaceutical application segment is expected to reach USD 909.0 Million by 2025 owing to increasing use of ethoxylates for high quality emulsifiers in the manufacturing of ointments and emulsions
• Asia Pacific is expected to exhibit highest growth owing to the presence of rapidly developing economies such as India, China, Japan and South Korea coupled with growing manufacturing base involved in the production of cleaning products
• Foam control & wetting agents segment is expected to register a market growth of CAGR of 4.4% over the period 2017-2025 on account of the development of advanced processing techniques resulting in improved quality of the products used in household and I&I cleaning
• The industry is characterized by the presence of a large number of major players involved in the production of high volumes of ethoxylates leading to notable market shares

For More Information: www.grandviewresearch.com

Respiratory Protective Equipment Market Enhance Growth Of $9.96 Billion By 2025

The global respiratory protective equipment market size is expected to reach USD 9.96 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.0% during the forecast period. Rising occupational safety regulations for ensuring worker safety is expected to boost the product demand.

Increasing demand for multi-purpose RPE such as respirators with in-built gas detectors is expected to drive R&D in developing efficient and durable respirators for preventing the spreading of biological hazards. Rising proactive measures taken by several associations such as ANSI, ASTM, and ISO is anticipated to have a positive impact on the market growth.

Rising concerns regarding biological diseases coupled with exposure to toxic and radioactive air pollutants is anticipated to augment the product demand over the forecast period. In addition, an increasing number of illness cases in mining and chemical industries owing to the prolonged exposure to polluted air is likely to drive growth of the RPE market.

Surging demand for multi-utility RPE coupled with technological advancements is expected to offer ample opportunities for market expansion over the forecast period. Major players such as 3M and Honeywell International are focused on developing RPE at economies of scale to strengthen their market share.

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https://www.grandviewresearch.com/industry-analysis/respiratory-protective-equipment-market

Further key findings from the report suggest:

• Powered air-purifying respirator accounted for 48.0% of the APR revenue share in 2018 on account of its rising demand for employee protection against vapors and toxic gases in oil and gas, petrochemical, and mining industries
• Industrial application segment is expected to register a CAGR of 7.3% from 2019 to 2025 in terms of revenue owing to increasing automotive and metal fabrication industries in the emerging economies such as India, China, and Brazil
• Demand from oil and gas industry is expected to reach USD 1.75 billion by 2025 on account of the presence of a considerable number of respiratory hazards such as exposure to silica and hydrogen sulfide coupled with rising awareness regarding employee safety
• Product consumption in North America is anticipated to reach USD 3.88 billion by 2025 owing to the presence of stringent norms regarding occupational health and safety by regulatory bodies such as OSHA, CSA, and ANSI
• Major players in the Respiratory Protective Equipment (RPE) market focus on integration across the value chain, especially from component manufacturing to product distribution, which is expected to aid the companies obtain a competitive edge

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Concentrated Photovoltaic Market Explore Growth Of $6.35 Billion By 2025

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints.

CPV technology is yet to gain worldwide acceptance and manufacturers are constantly engaged in developing new modules with improved efficiency. Growing popularity of PV has overshadowed the efficiency and advantages of CPV. However, the technology shows great promise owing to its scalability and efficiency.

Globally, Asia Pacific is the largest market for CPV. Presence of a large number of module manufacturers, coupled with favorable government initiatives, is driving the demand for this technology. The advantage of low labor cost and introduction of smaller rooftop systems are also expected to boost market growth.

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https://www.grandviewresearch.com/industry-analysis/concentrated-photovoltaic-market

Further key findings from the report suggest:

• By level of concentration, low concentrated photovoltaic is likely to be the fastest-growing segment at a revenue-based CAGR of 10.8% from 2017 to 2025. This is owing to innovations resulting in highly efficient products
• The commercial application segment is expected to exhibit a 9.0% CAGR from 2017 to 2025 in terms of revenue. This can be attributed to increasing number of installations in manufacturing facilities as well as private buildings
• In terms of revenue, the reflector product segment is expected to register a CAGR of 10.8% from 2017 to 2025 owing to rapidly increasing demand for low concentration photovoltaics made from mirrors
• By volume, Asia Pacific accounted for just over 50.0% of the global market in 2016 on account of rapidly growing capacity additions in China and India
• The installed capacity of CPV in Middle Eastern and African countries was 66.8 MW in 2016, backed by commissioning of projects in countries such as South Africa, Morocco, and Jordan
• Manufacturers are constantly working on introducing new products with improved efficiencies and reduced quantities of silicon 

For More Information: www.grandviewresearch.com

Wind Turbine Casting Market Estimated To Reach $3.27 Billion By 2025

The global wind turbine casting market is expected to reach USD 3.27 billion by 2025, according to a new report conducted by Grand View Research, Inc. The growing demand for electricity in developing countries including China, India, South Africa, and Brazil on account of increasing population and urbanization will drive the application of wind turbines. Furthermore, increasing government spending on energy research and the development of clean energy is expected to aid in the market expansion.

Increasing wind energy installations coupled with the rapid depletion of fossil fuels will drive the demand for wind turbines, which in turn will fuel the casting industry growth over the forecast period. Moreover, the growing requirement for the reduction of carbon footprint and emissions is expected to spur the industry expansion over the upcoming years.

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

Further key findings from the report suggest:

• The global wind turbine casting industry is expected to grow significantly at a CAGR of 7.4% in light of increasing application of turbines to generate energy from natural resources in emerging countries such as China, India, South Korea, Brazil, Japan, and UAE
• Low maintenance costs and product development of the wind turbines will amplify the usage of these products in energy generation and create opportunities for the market in the future
• North America accounted for 17% of the overall revenue share in 2015 and is projected to witness significant growth on account of rising number of wind energy installations in the region. Moreover, the development of offshore energy will create opportunities for the market over the upcoming years. In 2015, 8,598 MW was added to the existing capacity of 65,877 MW in the U.S.
• Central & South America is anticipated to witness considerable growth at a CAGR of 8.3% from 2016 to 2025 owing to positive outlook towards renewable energy production in Argentina, Brazil, Chile, Uruguay, and Venezuela. In 2015, Brazil added 2,754 MW to the existing capacity of 5,962 MW.
• Key participants including Vestas, Sinovel, Goldwind, Enercon, DHI DCW Group Co., Ltd., Suzlon, Premier Heavy Engineering, SHW Casting Technologies GmbH & Co. KG, SAKANA Group, Global Castings, SEFORGE, Riyue Heavy Industry Corporation Ltd., and Elyria Foundry Company, LLC.
• The industry is highly fragmented in nature with a large number of manufacturers being present in Asia Pacific, North America, and Europe. In January 2017, Danish manufacturer Vestas signed a deal with Spanish developer Gestamp to supply 21 turbines for two projects in Brazil.

Access press release of this research report by Grand View Research:  www.grandviewresearch.com/press-release/global-wind-turbine-casting-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

Drilling Waste Management Market Size To Reach $7.13 Billion By 2025

The global drilling waste management market is expected to reach USD 7.13 billion by 2025, according to a new report by Grand View Research, Inc. Growing ecological awareness towards effective treatment and disposal of drilling wastes coupled with strict regulations to enforce the laws will boost the market growth.

Increasing drilling activity for natural gas exploration along with growing construction sites for residential and commercial spaces is predicted to drive the global drilling waste management market over the forecast timeframe. Applications of the market include onshore and offshore drilling wastes. Onshore application segment is the dominant sub-segment of the market, while the offshore application is predicted to witness significant growth by 2025. North America leads the onshore application segment owing to the unprecedented domestic production levels crude oil, largely due to the wide adoption of innovative technologies including hydraulic fracturing and horizontal drilling, signalling the onset of a shale revolution.

The drilling waste management market is also segmented based on services, including treatment & disposal, containment & handling, and solids control. In 2016, Treatment & disposal accounted for 39.2% of the market share, largely owing to onsite burial sites including landfills and pits, land-spreading, land-farming, incineration & thermal treatment, slurry injection and bioremediation. Treatment & disposal services are chiefly dominant in Europe and North America owing to increasingly strict regulations including zero-discharge standards that direct drilling companies to effectively treat and reuse all drilling waste generated, and forbid any dumping, especially in water bodies like rivers or seas.

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https://www.grandviewresearch.com/industry-analysis/drilling-waste-management-market

Further key findings from the report suggest:

• The U.S. drilling waste management market will witness growth of 3.79% CAGR over the forecast period. The slowdown in the oil and gas market has deeply impacted the drilling markets in the country, with some estimates suggesting 60% decrease in rig drilling. High break-even costs and longer gestation periods in shale exploration and production have further impacted industry growth.
• In 2025, UK drilling waste management market is predicted to be valued at USD 0.39 billion. The country has large scale onshore and offshore drilling activities and is among the first nations in the world to introduce stringent waste management legislation.
• China drilling waste management market is expected to grow at 12.09% CAGR. The country is expected to undertake large scale offshore exploration projects to discover natural gas reserves.

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Lignin Market Is Anticipated To Grow At A CAGR of 2.2% By 2025

The global lignin market size is expected to reach USD 906.4 million by 2025 registering a CAGR of 1.9%, according to a new report by Grand View Research, Inc. Increasing product demand as a natural feed additive is expected to drive the market over the forecast period. Major paper and pulp manufacturing companies derive refined lignin during the pulping process. These companies are engaged in forest cultivation and maintain their own industrial plantations. Integration across the value chain helps them maintain a continuous raw material supply, thereby reducing the manufacturing cost. Technological innovation coupled with process development for the production of non-sulphated lignin is likely to play a vital role in the industry growth.

Moreover, wide scope of application in vanillin, high-value aromatic compounds (BTX), carbon fiber, and phenols will boost the product demand. Increasing value chain integration from a raw material to product manufacturing is expected to pose an entry barrier for new entrants. New companies may also face challenges due to regulations regarding necessity to maintain industrial plantations. However, product development and technology innovation coupled with regulatory support is expected to lower the entry barriers. The industry is highly competitive and is characterized by the presence of numerous global and regional companies. Market participants are focusing on research & development activities to improve the manufacturing process, as well as yield.

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

Further key findings from the study suggest:

• Ligno-sulfonates are expected to register a CAGR of 1.8% from 2019 to 2025, owing to their increasing usage as plasticizers for manufacturing cement and concrete as they can maintain the flow of the mixture
• Kraft lignin is also estimated to witness significant CAGR owing to rising usage in biofuels and increasing importance of biofuels in North America and Europe to reduce air pollution and GHG emissions
• Aromatics is expected to be the second-largest application segment due to increasing product use as an intermediate for the production of vanillin, phenol, BTX, and phenolic resins
• Europe led the global market in the past and is expected to maintain the dominance over the forecast period due to REACH regulations aimed at restricting transportation of synthetically-derived chemicals
• Major companies in the market are focused on organic as well as inorganic growth through mergers & acquisitions to expand their consumer base

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Halal Cosmetics Market Worth $52.02 Billion By 2025 | CAGR: 12.3%

The global halal cosmetics market size is projected to reach USD 52.02 billion by 2025 registering a CAGR of 12.3%, according to a new report by Grand View Research, Inc. Considerable Islamic population base across the globe that is willing to pay premium prices for Halal-certified beauty products is anticipated to drive the product demand over the forecast period. The market is niche with the presence of both large- and small-scale manufacturers. Growing concern among consumers about the usage of animal-derived ingredients, such as gelatin and collagen, has resulted in the increased production of halal-certified products by many cosmetic industry participants.

Regional companies are entering the global market to fulfill the rising demands. Middle East and Africa accounted for around 18% of the global revenue share in 2018. Though there is a growing demand for halal products in Middle East, there is an absence of complete regulation system. However, Brunei has an established regulatory system that promotes and produces halal products. There have been a lot of initiatives taken by different Islamic countries to integrate the halal industry. For instance, Malay Chamber of Commerce Malaysia (MCCM) built a marketing center in Dubai to help the growth of such products and pave opportunities for manufacturers to advertise their portfolio.

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https://www.grandviewresearch.com/industry-analysis/halal-cosmetics-market

Further key findings from the study suggest:

• Skin care is anticipated to be the fastest-growing product segment of the halal cosmetics market over the forecast period
• Makeup products is projected to be the second-largest segment and is said to register a CAGR of 12.5% from 2019 to 2025
• Middle East & Africa is the second-largest regional market after Asia and was valued at 4.04 billion in 2018
• Since Muslims constitute a major part of the population of the region, the mainstream cosmetic industry is pushed to fulfil their needs
• Some of the key companies in this market are MMA Bio Lab Sdn Bhd, Ivy Beauty Corporation Sdn Bhd, PHB Ethical Beauty

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Green Coatings Market Worth $209.2 Billion By 2025 | CAGR: 6.9%

The global green coatings market is expected to reach USD 209.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 6.9% over the forecast period, Owing to Increasing product penetration in construction and automotive application to replace high VOC emitting solvent based coatings is likely to drive industry growth.
The industry is highly competitive owing to the presence of several international players including PPG Industries, AkzoNobel NV, Sherwin-Williams, Evonik Industries and Eastman Chemical Company. These players are focusing on increasing their share along with profitability through product innovation, R&D activities, mergers, and acquisition.
Strong foothold of the existing players, extensive product offerings and wide geographical reach is expected to be the key barrier for the emerging manufacturers. The majority of the industry players are integrated across the value chain in order to reduce their dependency on the raw material suppliers and increase profitability.

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https://www.grandviewresearch.com/industry-analysis/green-coatings-market

Further key findings from the report suggest:

• Waterborne technology dominated the industry in 2016 and is likely to grow at a CAGR of 6.8% from 2017 to 2025 owing to its rising consumer preference towards environmental friendly products in architectural and automotive applications
• Powder technology is expected to grow at CAGR of 7.2% from 2017 to 2025, on account of its superior properties including zero VOC, superior corrosion resistance, reduced drying time and high-quality finish
• In 2016, automotive application for UV cured technology accounted for 23.4% and is expected to grow at a significant rate owing to rising product demand for manufacturing sunroof seals, window seals, and paint touch up applications
• Asia Pacific accounted for 33.4% of overall green coatings market share in 2016 and is expected to grow at the fastest rate owing to rapid growth of automotive construction industry in economies including India and China
• Europe has been a major consumer for waterborne paints owing to the stringent government regulation, early adoption of the technology and high consumer awareness regarding the product benefits
• Initiatives taken by the industry players to manufacture environmentally friendly products in order to comply with regulatory norms including EU’s VOC Regulation 2004/42/EC and U.S. EPA’s Clean Act is expected to propel industry growth
• In July 2017, AkzoNobel acquired Flexcrete Technologies Ltd. And Disa Technology in order to expand the company business in aerospace, industrial and automotive coatings. In addition, the company acquired industrial coatings business line of BASF SE in December 2015 in order to strengthen company roots in coating industry

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Automotive Coatings Market Size To Reach $36.31 Billion By 2025 | Axalta Coating Systems, BASF, PPG Industries

The global automotive coatings market is expected to reach USD 36.31 billion by 2025, according to a new report published by Grand View Research, Inc. Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.

Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.

Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.

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

Further key findings from the report suggest:

• The global automotive coatings industry demand was 5,902.7 kilo tons in 2015 and is expected to grow significantly on account of increasing vehicle production in rapidly emerging countries including China, Japan, India, Mexico, Brazil, South Korea, Brazil, and South Africa
• Waterborne coatings market demand is anticipated to witness strong growth in light of stringent regulations pertaining to the usage of solvent borne technology. In addition, superior properties, such as corrosion resistance, flexibility, hardness, stain resistance, adhesion, low flammability, and toxicity, are expected to surge product demand over the next nine years.
• North America contributed to 22.7% of the overall revenue share in 2015 and is estimated to witness growth on account of rising demand for pickup trucks and utility vehicles in the region
• Central and South America is expected to see substantial revenue rise at a CAGR of 5.4% from 2016 to 2025 owing to increasing small car production in Brazil. Furthermore, large automobile manufacturers including General Motors, Volkswagen, and Hyundai have been shifting their base to the region owing to lower operation costs, which is likely to aid in market expansion.
• The industry is highly competitive in nature, and manufacturers are involved in continuous product development and R&D activities. Manufacturers including Axalta Coating Systems, PPG Industries, BASF, Nippon Paint, AkzoNobel, and Kansai Paint are some of the key players in the market.
• In April 2015, Axalta established a new R&D technology center in Shanghai to develop new products for the global commercial vehicle, light vehicle OEM, refinish and industrial customers

For More Information: www.grandviewresearch.com

Rapid Increase in Industrial Lubricants Market - Key Factors, Market Segments Regions & Industry Forecasts Analysis to 2024

The global industrial lubricants market size is expected to reach USD 68.41 billion by 2024, according to a new report by Grand View Research, Inc., registering a revenue-based CAGR of 4.3% during the forecast period. Flourishing manufacturing landscape in Asia is likely to be a key growth-driving factor for the industry in future. Additionally, high demand for lubricants has also resulted in a shift in global production landscape to the eastern hemisphere, with China and India emerging as major hubs.
The global industry is characterized by stringent regulations in Europe and North America, where ecolabel norms and environmental standards have prompted companies to develop bio-based feedstock for production and assess emissions associated with the lifecycle of lubricants.
Moreover, the industry has been witnessing increasing demand for process oils, industrial engine oils, and general oils across metalworking, energy, and chemicals manufacturing sectors, which indicates a positive outlook over the coming years, particularly in Eastern European and Asian markets.
North America and Europe are mature markets for lubricants, with demand arising from new avenues of the manufacturing sector, such as industrial automation and robotics. These regions together accounted for nearly 40.0% of the overall industrial lubricants consumption in 2016. Major corporations such as Total, Castrol, and Chevron have their origins in these regions and are key entities in terms of innovative disruptions in the industry.

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https://www.grandviewresearch.com/industry-analysis/industrial-lubricants-market

Further key findings from the report suggest:

• The global industrial lubricants market size was estimated at over 15 million tons in 2016 and is projected to expand at a CAGR of 3.0% from 2016 to 2024
• Asia Pacific was the leading consumer and accounted for nearly 50.0% of the overall volume in 2016. China generated the largest demand in the region, followed by Southeast Asian countries and India
• Process oils were the leading product segment, accounting for over 32.0% of the market revenue in 2016. The segment is likely to be driven by evolving machinery maintenance standards in the manufacturing sector
• In terms of revenue, the metalworking fluids segment was valued at USD 7.2 billion in 2016. Resurgence of the metal foundry sector in America and Europe has provided much relief to the product segment in the recent past, with its growth highly dependent on trends across Asia Pacific
• Energy is a major application sector for the industry, and accounted for nearly 20.0% of the overall demand in 2016. The sector is driven by growth of renewable power generation sectors in western markets and demand, and consequent generation, of conventional energy in Asia
• Key companies operating in the global industrial lubricants market include Lubrizol, Fuchs Group, Amsoil Inc., Bel Ray Co., Kluber Lubrication, Total S.A., Valvoline International, Clariant, Quaker Chemical Corp., Royal Dutch Shell plc, Castrol, Lucas Oil, and Philipps 66
• Product innovation, restructuring supply chains, capacity expansions, and evolving marketing channels are a few areas of strategic importance for companies. In 2015, Castrol expanded its industrial lubricants facility in Chennai, India from 75 kilo tons to 95 kilo tons.

Access Press Release Of This Research Report by Grand View Research: https://www.grandviewresearch.com/press-release/global-industrial-lubricants-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

Solar Control Window Film Market Worth $849 Million By 2024

The global solar control window film market is projected to reach USD 849.2 million by 2024, according to a new report by Grand View Research, Inc. Growing construction and automotive industries are expected to fuel the growth of the solar control window films industry.

Solar control window films are installed on windows of buildings and vehicles in order to block harmful IR and UV rays. Installation of these films helps restrict the use of air conditioners which, in turn, lowers the emission of harmful gasses from these appliances.

The construction segment dominated the market in terms of application in 2015. It accounted for 57.4% of solar control window film market in 2015. Growing construction activities in the Asia Pacific and MEA are providing the necessary momentum to the growth of the market. Regulations regarding energy consumption and conservation particularly in commercial buildings have further increased the demand for solar control window films.

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https://www.grandviewresearch.com/industry-analysis/solar-control-window-film-market

Further key findings from the report suggest:

• Among applications, the construction segment held the largest share and is projected to grow at the highest CAGR of 6.2% during the forecast period. Increasing construction spending, especially in emerging regions such as Asia Pacific and MEA is expected to drive this segment over the forecast period. The construction industry in the U.S. has witnessed an upward surge, which has further increased the demand for the product in this segment.
• Vacuum coated films are projected to grow at the highest rate of 6.1% from 2016 to 2024, owing to their ability to block the fatal UV rays effectively. The metal content in these films reflects the sun rays and keep the interiors of buildings and vehicles cooler and prevent them from fading, making them more popular than dyed and clear films.
• Asia Pacific was valued over USD 170 million in 2015 and held the largest share in the global market. It is also projected to be the fastest growing region from 2016 to 2024, with a CAGR of over 6% courtesy growing construction and automotive industries. Emerging countries such as India, South Korea, and Indonesia have witnessed tremendous growth in both, construction and automotive sectors. Also, as the weather in this region can get hot and humid, particularly during summer, it is imperative to shield buildings and vehicles with solar control films.
• The market is dominated by key players such as Saint-Gobain SA (France), 3M Company (U.S.), Garware Polyester Limited (India), and Eastman Chemical Company (U.S.). Apart from these, several small and medium scale players are present in the market. These companies, through R&D and strategic developments, aim to increase their market shares. New product development was the most popular strategy adopted by these players, which helped them expand their current product portfolio.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-solar-control-window-film-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

Know about the Future of Acoustic Insulation Market and what makes it a Booming industry

The global acoustic insulation market is expected to reach USD 16.55 billion in 2025, according to a new report by Grand View Research, Inc. Increasing standard of living, awareness regarding the effect of noise pollution on human health and stringent regulations have been driving the global acoustic insulation market so far.

Market growth will probably be driven by consumer needs and initiatives, while favorable regulations are also expected to play a crucial role in shaping the industry. Technological advancements in construction, industrial processing, and transportation industries will play a significant role in acoustic insulation market growth over the forecast period.

Increasing competition in automotive manufacturers to produce acoustically insulated luxury vehicles has taken the game far ahead. Aerospace and marine industries have been trying to isolate occupants from airborne and impact noises. Consumer demand for quieter and insulated cabins in vehicles and airplanes will probably help the segment growth over the forecast period.

Building & Construction has traditionally been using sound insulating materials to maintain a peaceful environment for the occupants. Penetration in the sector is primarily driven by regulatory mandates to control noise transmission level, especially in the U.S. and Europe. However, sluggish construction industry growth in Europe has inhibited the market growth in the past and the impact is expected to be seen over the forecast period as well.

Asia Pacific is the dominant market, and the demand has been driven by growing construction as well as transportation sectors. Europe closely follows Asia Pacific to be the second largest market for acoustic insulation products. Regional demand is driven by stringent regulations regarding the airborne, appliance and impact noise. Apart from regulations on noise at source, EU regulates noise transmission levels inside dwellings as well. 

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

Further key findings from the report suggest:

• Rock wool emerged as the leading product segment with demand share exceeding 40% in 2015. Higher sound insulation, environment-friendly nature, and low prices have been responsible for the market penetration.
• Foamed plastic is expected to be the fastest growing product segment with revenue growth of 6.2% from 2016 to 2025. Better acoustic properties, ease of installation in addition to the dual benefits of acoustic as well as thermal insulation offered are expected to trigger the product demand.
• Building & construction dominates the market with a volume share exceeding 55% in 2015. Regulations and consumer demand mainly drive segment penetration. 
• Asia Pacific acoustic insulation demand expected to grow at an estimated CAGR of 6.2% from 2016 to 2025. Growing transportation as well as construction sectors in the region will probably trigger the market growth.
• Expansion and acquisition to emerge as the critical factor for expanding the regional presence. Key companies operating the market include Rockwool International, Saint-Gobain, Knauf Insulation, BASF, Owen Corning Corporation, Johns Manville and Kingpan Group

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

Analysts Predict Lightning Growth for Metal Aerosol Can Market

The global metal aerosol can market size is expected to reach USD 3.81 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for the product in personal care products including hair sprays, hair mousses, and hair gels and household sprays is expected to propel growth over the forecast period.

Increasing demand for portable household products such as insecticides and bug sprays is likely to drive the demand for the product over the projected period. In addition, increasing demand for food & beverage, auto care, and industrial aerosol products majorly due to rising disposable income coupled with population growth is expected to drive the demand for such containers. Furthermore, the growth of the end-use industries such as automotive and cosmetics is expected to drive the demand for the product over the projection period. However, concerns regarding toxicity of the propellants used in such containers are expected to act as a major restraint for industry growth.

The major players in the market resort to new product development as a major strategy for market domination. Furthermore, these manufacturers including Ardagh Group, Ball Corporation, and Crown Holdings Inc. operate their business through a well-established production and distribution network spread across major consumers such as the UK, the U.S., and China. The propellant and product filling companies in the market are strategically placed close to the manufacturing location in order to minimize the lead time.

The global metal aerosol can market is challenged by certain key factors including highly volatile metal prices which pose a significant threat to an aerosol can manufacturers by diminishing their margins. As a result, production volumes and revenues are highly elastic to raw material price levels which in turn impact the market growth. In addition, the various environmental compliance requirements also pose challenges to the can manufacturers worldwide. However, the rapid growth of application industries and the resultant hike in demand for metal aerosol cans are expected to help manufacturers cope with these challenges during the forecast period.

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

Further key findings from the report suggest:

• Personal care accounted for over 55% of the total revenue due to substantial demand for the product for deodorants, dry shampoos, body sprays, and hair color sprays. In addition, growing consciousness regarding personal hygiene is expected to drive the demand for personal care aerosol cans over the projection period.
• Europe accounted for over 35% of the consumption volume in 2015 due to high demand for personal care and household products coupled with the presence of a large number of propellant fillers. In addition, the demand for the product is expected to be driven by flourishing automotive industry in Germany.
• Asia Pacific is expected to register a CAGR growth of over 5% from 2016 to 2024 owing to increasing disposable income coupled with rapid development of the application industries.  The abundance of low-cost raw material coupled with the presence of a dominant manufacturing base primarily in China is expected to lower the production cost of the product, leading to increased demand.
• Key participants include Ball Corporation, Crown Holdings Inc., and The Ardagh Group. Crown Holdings introduced EarthSafe Dispensing system that replaced hydrocarbons with compressed air as the propellant in a bid to provide an environment-friendly cans. The company also produced a bi-compartmented technology that prevents interaction between the propellant and product.

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Exterior Architectural Coating Market – Global Analysis and Forecast 2013-2024

The global exterior architectural coating market is expected to reach USD 39.04 billion by 2024, according to a new report by Grand View Research, Inc. Functional superiorities including weather and moisture resistance, better aesthetics and long lasting adhesion is expected to fuel market growth over the next eight years. Furthermore, rising government spending in Asian countries on infrastructure development will augment industry expansion.

Growing demand for waterborne technology over traditional coatings, as it is cheaper and eco-friendly, will drive market growth. The introduction of green coatings coupled with the increasing usage of nanocoatings will create immense opportunities for growth over the next eight years.

Primer is expected to witness high revenue gains at a CAGR of 6.4% from 2016 to 2024 as it acts as a protector and leveler for other products including enamel and emulsions. The revenue generated by the use of exterior architectural coatings in the non-residential sector was valued at USD 8.20 billion in 2015 and is expected to witness rise on account of growing FMCG, IT, telecom and retail sector in MEA and Asia Pacific. Moreover, rapid industrialization, increasing FDI and government infrastructure spending will promote market growth.

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

Further key findings from the report suggest:

• The global demand for exterior architectural coatings was 7.12 million tons in 2015 and is expected to show high gains in light of rapid infrastructural development in India, Saudi Arabia, Thailand, Indonesia and the U.S.
• Alkyd resin will witness high volume growth at a CAGR of 5.3% from 2016 to 2024. Growing usage of alkyd resins in light of their high durability and superior gloss is expected to stimulate industry growth. Furthermore, rising consumption in outdoor applications owing to its low cost along with high-temperature resistance will fuel its demand over the forecast period.
• North America accounted for 22.6% of the global volume share in 2015 and is expected to witness significant gains in light of rising reconstruction activities in the U.S. coupled with infrastructure development in Canada and Mexico. Furthermore, the implementation of the National Infrastructure Program 2014 - 2018 (NIP) in Mexico is expected to promote the product growth over the forecast period.
• Latin America is projected to witness substantial revenue growth at a CAGR of 6.4% from 2016 to 2024 owing to the presence of various participants including BASF, Sherwin-Williams, and AkzoNobel. Increasing government efforts to offset Brazil’s housing deficit, and provide low-interest rates for housing will stimulate product demand over the forecast period.
• Exterior architectural coatings industry is dominated by major participants including PPG Industries, Nippon Paint, BASF, AkzoNobel, and Sherwin-Williams. Ongoing product innovation to produce high-performance and cost-efficient waterborne coatings is expected to industry expansion over the next eight years. For instance, in March 2015, BASF expanded their color range and production capacity for Paliocrom products to cater to the increasing demand for high-end effect pigments in coatings. BASF is expected to widen the capacity by more than 20% by 2017 for Paliocrom effect pigments.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-exterior-architectural-coating-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

Specialty Carbon Black Market Growth, Industry Trends To 2024

The report “Specialty Carbon Black Market Analysis By Grade (Conductive (Conductive Polymers, Paints & Coatings, Battery Electrodes, Printing Inks), Fiber (Polyester Fiber, PP Masterbatches, Nylon Textiles), Food (Packaging, Film & Sheet, Consumer Molded Parts)) And Segment Forecasts To 2024”. The global specialty carbon black market is expected to reach USD 3.82 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand of plastics for non-rubber applications in key end-use industries such as packaging, automotive, construction, electrical & electronics, and pressure pipes is expected to remain a key driving factor for specialty carbon black market growth.

Increasing consumption of lithium-ion batteries owing to superior properties which include good electrical conductivity, good stability at the higher voltage, less solvent, and improves adhesion is also anticipated to fuel industry growth significantly.

The manufacturing process emits a large amount of toxic GHG which creates concern to human health and the environment. These factors have compelled manufacturers in North America and Europe to shut down their operations and shift production facilities to Asia Pacific.

Conductive grade accounted for over 30% of overall volume in 2015. Increasing demand in battery electrodes and paint & coating industries owing to better conductive properties polymers and rubbers is expected to drive demand. It is widely used as a reinforcing agent in products like tires, chassis bumpers, conveyor wheels, blow-molded containers, gaskets, hoses, automotives, and wiper blades.

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www.grandviewresearch.com/industry-analysis/specialty-carbon-black-market

Further key findings from the report suggest:

• The global specialty carbon black market demand was900 kilo tons in 2014 and is expected to exceed 1,500 kilo tons by 2024, growing at an estimated CAGR of 5.7% from 2016 to 2024
• Automotive industry is expected to have tremendous growth owing to manufacturing of light weight and fuel efficient passenger cars
• China accounted for nearly half of the Asia Pacific specialty carbon black volume in 2015. The country is characterized by high demand for conductive polymer in paints & coating and printing ink industries
• Continental Carbon and Al-Jubail Petrochemical Co. announced the start-up of a carbon black plant in Al-Jubail, Saudi Arabia. The facility has an annual production capacity of 50 kilo tons and it will primarily serve the tire industry of the region.
• Specialty carbon black market is highly fragmented among multinational players and small domestic companies
• Key industry participants in the market include OMSK Carbon Group, Sid Richardson Carbon & Energy Co., Tokai Carbon Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon Co., Birla Carbon, Cabot Corp., China Synthetic Rubber Corp., Himadri Companies & Industries Ltd., Phillips Carbon Black Ltd., Orion Engineered Carbon. 

Access press release of this research report by Grand View Research: www.grandviewresearch.com/press-release/global-specialty-carbon-black-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

Green Cement Market Uplift Growth of $37.75 Billion by 2024

The global green cement market size is expected to reach USD 37.75 billion by 2024, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.5% over the forecast period. Stringent environment regulations, coupled with rapid advancements in the Asia Pacific construction industry, is contributing to the market demand.

North America is the largest revenue-generating region for the green cement market, followed by Europe owing to the presence of regulatory bodies such as the United States Environmental Protection Agency (EPA) and the European Environment Agency (EEA). Moreover, the regions are characterized by higher adoption of sustainable solutions to avoid negative environmental impact.

Green cement is an eco-friendly substitute for traditional cement. It can reduce carbon emissions at construction sites by 40%. There is no fixed formula or method to manufacture green cement. However, various researchers and market players have developed different ways to manufacture green cement. California-based Calera Group has developed a Portland cement substitute where calcium carbonate obtained from seawater is mixed with carbon dioxide.

Key application areas of green cement market include residential, commercial, and industrial. In terms of volume, residential sector was the largest application area in 2015 and held 44.2% market share. Growing urbanization in emerging economies such as India and China with demand for environmentally safe buildings is expected to drive the market growth over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/green-cement-market

Further key findings from the report suggest

• The global green cement market is anticipated to reach 227,366.3 kilo tons by 2024
• In terms of revenue, the residential segment is projected to ascend at a CAGR of 8.5% over the forecast period
• The commercial application dominated the global green cement market with a share of over 28% in 2015
• Countries such as China and India are anticipated to observe promising growth during the forecast period
• Major market players are either start-ups focusing solely on green cement or established players gradually switching to green cement manufacturing
• Some of the key market participants are CEMEX, China National Building Material Company Limited, Calera Corporation, HeidelbergCement AG, and LafargeHolcim.

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