Intensifying Business Opportunities in Potassium Citrate Market

The global potassium citrate market size is expected to reach USD 868.9 million by 2025, according to a report by Grand View Research, Inc., registering a CAGR of 3.7% during the forecast period. Increasing demand for potassium citrate on account of to its superior properties such as high water solubility, high chemical and microbiological stability, and outstanding biodegradability is anticipated to propel industry growth.

Emulsifiers perform various functions, such as potassium fortification, treatment of bladder infection and kidney stones, and as a sequestering agent. This has upped its demand in desserts, confectionery, bakery, juices and drinks, and syrups.

The personal care and household application accounted for 9.34% of the overall revenue in 2016 and is projected to exhibit steady growth on account of high utilization of potassium citrate in color cosmetics, skin care, deodorants, oral care, hair care, and soap and bath products. Growing demand for the product as a systemic alkalizer in the pharmaceutical sector is likely to augment industry demand.

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https://www.grandviewresearch.com/industry-analysis/potassium-citrate-market

Further key findings from the report suggest:

• The pharmaceutical sector is anticipated to exhibit substantial volume gains with a predicted CAGR of 2.7% from 2017 to 2025. This is owing to rising requirement of the product as a pharmaceutical aid in veterinary practice. Potassium citrate acts as an activator in several enzymatic reactions, which is essential in transmission of nerve impulses, carbohydrate metabolism, renal function, and tissue synthesis
• Asia Pacific has a strong customer base and made up for 29.3% of the total revenue in 2016. Growing usage of cosmetic products such as sunscreens, makeup, creams, and lotions among the younger population in India and China is expected to have a major impact on market growth. Demand for detergents, agrochemicals, fertilizers, metal surface treatment, and pharmaceuticals is also expected to have a positive impact on regional growth
• Manufacturers dominating the potassium citrate market are Cargill, Incorporated; Tate & Lyle Plc.; Dr. Paul Lohmann GmbH KG; Archer Daniels Midland Company; and Gadot Biochemical Industries, Ltd. Strengthening product length and capital expansion is expected to remain a key critical success factor for the industry in the near future
• In December 2015, Jungbunzlauer Canada Inc., a subsidiary of Jungbunzlauer Suisse AG, announced the commencement of a new tripotassium citrate manufacturing plant in Port Colborne, Ontario, Canada. The company is anticipated to offer accelerated and flexible supply of tripotassium citrate to customers in North America
• In August 2017, Foodchem International Corporation founded a laboratory to explore market trends and technological applications to trigger the development of nutritional food ingredients and carry out technical exchanges. This was in collaboration with the Food Institute of Jiangnan University in Jiangsu Sheng, China, a major institution in the field of engineering and food science.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-potassium-citrate-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 Global Thermal Spray Coatings Market

The global thermal spray coatings market size is expected to reach USD 14.99 billion by 2025, according to a new report by Grand View Research, Inc. Increasing application scope, owing to advantages such as wear and corrosion protection, low toxic gas emissions, thickness capability and electrical resistance is expected to fuel thermal spray coating market growth. Key applications include aerospace precision parts, automotive, medical instruments and industrial gas turbines. Use of these coating for biomedical and medical instruments to improve wear resistance and boost biocompatibility of prosthetics and dental implants is expected to augment growth. 

Rising application scope of gas turbines in ships, locomotives, tanks, helicopters and motorcycles is expected to augment thermal spray coating market over the forecast period. Polymer and metal thermal spray coatings are employed in powdered form for industrial gas turbines blades on account of properties such as high temperature corrosion resistance.

In terms of revenue, ceramics was the largest application segment for the product market, accounting for 30.1% of the global market in 2016. Ceramics are primarily employed in biomedical industry. HVOF technology is used to spray these products on to substrates which are further used in the medical sector for the manufacturing of dental implants. Expansion of this sector is expected to have a positive impact on growth over the next seven years.

The global product market is expected to witness substantial growth over the forecast period owing to its widespread use in aerospace and automotive industries. Growing demand for corrosion resistant coatings particularly in these two sectors is expected to be a key driver for market growth. Increasing application scope in engineering coating, wear resistant coating, automotive & aerospace, biomedical, food processing, electronics, semiconductors and energy are further expected to promote demand.

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

Further key findings from the report suggest:

• The global thermal spray coatings market was valued at USD 8.38 billion in 2016 and is expected to grow on account of the increasing demand from the automotive sector.
• Medical application segment will experience the fastest growth in terms of revenue, growing at a CAGR of 7.8% from 2017 to 2025 on account of the growing demand for better health care facilities coupled with rising number of hospitals
• Ceramics emerged as the largest product segment in terms of revenue in 2016 and is estimated to reach USD 4.6 billion by 2025 and is anticipated to experience a steady growth over the years ahead.
• The industry in Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in the medical, oil & gas and automotive industry, especially in the countries of India and China. In terms of revenue, the regional market is expected to grow at a CAGR of 7.9% from 2017 to 2025.
• Key players including Praxair Surface Technologies, Air Products & Chemicals, Cincinnati Thermal Spray, Inc., and TWI Ltd., dominated the global product market.

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

Impact of Existing and Emerging Paint Protection Film Market

The global paint protection film market size is expected to reach USD 369.3 million by 2022, according to a new report by Grand View Research, Inc. Automotive aftermarket growth in Asia is a key growth driving factor for the industry, with China, Southeast Asia, India and Japan being major demand centers.

Thermoplastic urethane films which gained prominence as surface protectors in helicopter blades have evolved gradually, over the past, to find greater usage in automotive and electronic applications. The product pioneered by companies in the U.S. has attained global acclaim for protecting surfaces against abrasion, corrosion, chipping, and wear.

Globally, the industry is characterized by intense competition amongst global and small-scale companies by means of pricing and product differentiation. A key trend is the re-emergence of PPF in aerospace applications where its usage ranges from fuselage surfaces to cockpit instrumental panels, which led to companies offering specialized products for now diverse applications.

From a consumer perspective, greater income disposability has led to buyers being able to decide from various paint protection products & services. Traditionally Teflon coatings were the preferred choice due to cheaper pricing and decent lifespan. However, PPF has gained prominence due to its versatility of application, that include chosen components of a vehicle or the vehicle in its entirety, and product lifespan that extends up to five years from installation.

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

Further key findings from the report suggest:

• The global paint protection film market volume is expected to exceed 8.01 million sq. meters by 2022, growing at a CAGR of 5.3% from 2015 to 2022
• In terms of consumption, the U.S. accounted for over 23% of the overall volume in 2014, with the country being hub to major brands such as 3M and XPEL
• China, which has emerged as a major automotive manufacturing hub, is expected to grow at a CAGR 8.2% from 2015 to 2022. Positive outlook on consumer spending on automotive aftermarket services is a major factor in driving growth
• Electrical & electronics and aerospace application together accounted for nearly 20% of the overall revenue generated in 2014. In the electronics sector, PPF is gaining traction in display screens, mobile phones and tablets
• Industry competition is highly factored by product differentiation and pricing. Another major aspect of the industry is the cost associated with installation, where consumers are aware of brand offerings but deter from PPF purchases due to higher installation costs
• Some of the key companies present in the market include 3M Company, XPEL Technologies, LLumar, DuraShield, Argotec, Premier Protective Films International, Avery Denison, Vanzetti, PremiumShield, Solar Gard, SunTek Films, Paint Shield, Proshield, and StarShield Solutions

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/paint-protection-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

Lubricants Market: Opening Airways and Opportunities

The global lubricants market size is expected to reach USD 166.25 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a 3.8% CAGR during the forecast period. Increasing demand for a diverse, innovative grade of lubricants for industrial as well as automotive applications is expected to drive growth.

With the expansion of the passenger vehicles segment, there has been a rise in demand for high-quality automotive lubricants with better fuel efficiency and lower emissions. Government schemes in emerging economies, such as the “Make in India” program initiated by the Indian government, have attracted high foreign investments across the automotive industry. This has further boosted demand for lubricants.

Stable base oil production across regions has stimulated feedstock security among blenders in the recent past. Stable supply would thereby address profitability concerns of manufacturers, thereby positively influencing industry competition. Moreover, recovering end-use industries are likely to drive sales of lubricating oil, which is slated to provide equilibrium to the supply-demand scenario.

In addition, high growth in the base oil market, rapid industrialization, burgeoning population and urbanization, and high growth in major end-use industries such as textiles, chemicals, food processing, and metalworking are some other factors driving industry growth.

Industrial engine oils are being utilized in a wide array of applications owing to their exceptional inherent characteristics. These oils are designed to offset rising fuel and operating costs. They have a lower coefficient of friction, which helps in saving fuel and at the same time, keeps the engine clean for maximum combustion efficiency. These oils also help in keeping ports, piston, crankcase, and filters clean for a longer duration.

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

Further key findings from the report suggest:

• The global lubricants consumption was estimated at over 40 million tons in 2016, and is projected to expand at a CAGR of 2.8% from 2017 to 2025
• The aerospace industry is projected to witness a high growth rate owing to rapidly increasing air passenger traffic along with rising defense spending across emerging economies
• Regulatory sanctions on conventional lubricating oils on account of their detrimental environmental impact have led to rapid utilization of bio-based alternatives in recent years
• Development of low-viscosity products for wind turbines owing to increasing awareness regarding long-term benefits of wind energy is another factor driving industry growth
• The industry is highly fragmented in nature owing to presence of a large number of participants
• Several manufacturers such as Fuchs Group; Valvoline; and Amsoil Inc. are strategically expanding their operations in emerging nations. These companies have tie-ups with large oil and gas multinationals to suffice their raw material requirements
• Lubricant manufacturers such as Total and Castrol are venturing into exclusive agreements with Tata Motors and other companies to expand their reach.

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

Neglected Tropical Disease Diagnosis: Global Market to Grow at High CAGR in Upcoming Years – 2025

The global neglected tropical diseases diagnosis market size is expected to reach USD 7.6 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.1% CAGR during the forecast period. The combined effect of high impact factors such as soaring disease burden, growing demand for early disease identification, and complementary advancements in technology is expected to drive growth in demand.

Rising concern regarding Neglected Tropical Diseases (NTD) and its global impact on population as well as governments has fueled demand for development of early disease detection methods. This growth in concern is evident by launch of a substantial number of programs aiming to combat NTDs.

For instance, the Global Network for Neglected Tropical Diseases aims to raise awareness and funding, both of which are essential to control and eliminate the most common NTDs. In addition, various companies are undertaking efforts to develop less complicated and inexpensive diagnostic assays for tropical diseases. This, in turn, is anticipated to support the growth of this market throughout the forecast period.

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

Further key findings from the report suggest:

• By disease type, dengue captured the largest share over other NTDs in 2016. Growing dengue cases and development of novel products for its diagnosis is expected to help this segment maintain its dominance in the coming years
• Conventional diagnostic methods accounted for the majority share owing to high market penetration of these techniques, including pathogen culturing, biochemical methods, gram staining, and serology tests
• Molecular/modern diagnostic methods are growing at a lucrative pace and are expected to supplant conventional techniques in the coming years. This is majorly due to the advantages of molecular tests with respect to accuracy, specificity, and timelines
• Centralized services held the largest share in 2016 owing to easy access to these services; however, point-of-care testing (POCT) services are anticipated exhibit lucrative growth in the coming years owing to benefits such as portability and ease of use
• By end use, home healthcare is expected to be the fastest growing segment as a result of growing popularity and demand for POCT services
• Asia Pacific is estimated to be the largest regional market and is expected to maintain its position throughout the forecast period thanks to constant growth in GDP, presence of a large target population, and high prevalence of neglected tropical diseases in the region
• Abbott; F. Hoffmann-La Roche Ltd.; Thermo Fisher Scientific, Inc.; and Omega Diagnostics Group PLC are some of the key players operating in this market. 

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-neglected-tropical-diseases-diagnosis-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