Recent Trends in Nonwoven Disposable Gloves Market

The global nonwoven disposable gloves market size is expected to reach USD 975 million by 2025, accelerating at a CAGR of 4.7% over the forecast period, as per a new report by Grand View Research Inc. Increasing medical spending in developing economies such as India with high demand for advanced healthcare services is anticipated to drive the expenditure in healthcare industry. Rising awareness among consumers regarding hospital-acquired infections has resulted in growing demand for nonwoven disposables.
Healthcare industry in Germany, the U.K., and Sweden is expected to register a rise in healthcare expenditure, thereby leading to growth in the production as well as in the consumption of medical devices and medical products. Europe is a major importer of medical products and manufactures premium quality, environment-friendly, and efficient nonwoven disposable products owing to their high demand in the region. In addition, increasing demand for advanced medical services and related products is expected to drive the demand for nonwoven gloves in Europe.
Companies are focusing on the use of advanced technologies as well as advancements in existing technologies to manufacture optimum quality gloves for use in medical applications. Furthermore, the use of automation to manufacture standardized products of high quality is a major focus area of the companies to gain a competitive edge over other players. Asian manufacturers lead the overall market as they can offer premium quality products at lower prices. Manufacturers in North American and European regions are focusing on widening their product portfolios to sustain fierce competition in the market and strengthen their position.

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

Further key findings from the report suggest:

• Wetlaid technology segment is expected to witness the fastest growth rate of 4.9% over the forecast period in comparison to other technologies on account of its properties such as anti-bacterial, liquid repellent, and breathable & soft fabric
• Non-soaped segment is expected to account for a major share of the market as compared to pre-soaped gloves segment owing to its rising use in healthcare facilities, where the risk of Hospital Acquired Infections (HAIs) is high
• Asia Pacific for nonwoven disposable gloves market is expected to witness the fastest growth rate of 5.7% owing to the rising healthcare expenditure, increasing demand for advanced healthcare services, and increasing consumer awareness regarding HAI
• Mexico is expected to emerge as a major growth driver triggering the demand for nonwoven disposable gloves in North America owing to government initiatives, such as the National Infrastructure Plan, which is expected to improve healthcare services in the country
• Manufacturers are coming up with innovative strategies to lure new customers and distribute nonwoven disposable gloves directly to hospitals, commercial institutions, and consumers to avoid additional costs. 

For More Information: www.grandviewresearch.com

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

The global phosphate rock market size is anticipated to reach USD 39.3 billion by 2025, denoting a CAGR of 7.1% over the forecast period, according to a new report by Grand View Research, Inc. The market is majorly driven by the increasing use of fertilizers in the agriculture industry to enhance plant growth.

In the agriculture sector, phosphate rock is used in the form of phosphorus-based fertilizers. Fertilizers are sprayed on agricultural and arable land to provide soil nutrients essential for healthy plant growth. The growing global population has facilitated the use of fertilizers to increase the efficiency of crop production to supply sufficient food products. This is likely to increase the utilization of the product over the coming years.

Changing consumer food preferences, such as increasing consumption of packaged & processed food and meat products, are likely to fuel the demand for phosphate rock. It is used as an additive in processed food and as a feed phosphate in animal feed industry. Feed phosphates ensure healthy livestock as they help improve digestion and bone strength of animals.

Phosphorous is used as a preservative in packaged food & beverages. Rising disposable income and increasing working population are likely to drive the demand for packaged food products. Consumers opt for packaged food & beverages such as yogurt, buttermilk, and salads owing to their hectic routine schedule. This is projected to fuel the utilization of the product over the forecast period.

Major players in the market such as Itafos, Nutrien Ltd., and The Mosaic Company are adopting acquisition as the major strategy to enhance their technological capabilities, expand their businesses at the global level, and widen the product portfolios. For instance, The Mosaic Company, in August 2018, acquired Vale Fertilizantes, a fertilizer company in Brazil, for USD 2.5 billion to improve its business and enhance its presence in the Brazilian agriculture sector.

In February 2018, Itafos acquired all issued and outstanding common shares of GB Minerals Ltd., a mining, exploration, and development company. Itafos owns 31.3% interest in GB Minerals Ltd., which makes the latter an indirect wholly-owned subsidiary of the former. The acquisition has also enabled Itafos own Farim Phosphate Project, previously owned by GB Minerals.

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

Further key findings from the report suggest:

• The fertilizers application segment is anticipated to register a CAGR of 5.2%, in terms of volume, over the forecast period
• The phosphate rock market in North America is expected to progress at a low CAGR of 2.8%, in terms of volume, from 2019 to 2025 owing to the increasing consumption of meat
• The Middle East & Africa is expected to witness a CAGR of 4.0%, in terms of revenue, due to high phosphate fertilizer exports from the region
• Major players are adopting strategies such as acquisitions to increase their production capacities and to cater to the growing demand for phosphate rock.

For More Information: www.grandviewresearch.com

Baby Food Packaging Market Worth $81.3 Billion By 2025 | CAGR 7.0%

The global baby food packaging market size is expected to reach USD 81.31 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.0% from 2019 to 2025. Growing demand for baby food products as a result of increasing number of working individuals is expected to remain a prominent growth-driving factor. Furthermore, increasing number of nuclear families in developing countries including Mexico, Brazil, China, and India is expected to have a positive impact on the market.

Rising usage of paperboards and rigid plastic as alternative packaging materials to the conventional glass and metal is expected to drive these product segments over the forecast period. In addition, these materials are easy to carry as they are lightweight, durable, and reusable and offer longer product shelf life. Companies in the market are focusing on the development of better alternatives than plastic packaging. For instance, Square Baby Food launched recyclable cold chain packaging products in September 2018. Plum Organics launched baby bowl packaging product in November 2017.

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

Further key findings from the study suggest:

• Rigid plastic product segment led the global market in 2018 and will maintain its dominant position throughout the forecast years
• Liquid carton packaging is expected to be the fastest-growing segment at a CAGR of 7.9% from 2019 to 2025
• Milk formula is expected to be the largest application segment by the end of 2025 and dried food segment is projected to register the fastest CAGR during the forecast period
• North America led the global baby food packaging market in 2018 and will expand further at a steady CAGR over the next six years
• Key companies include Rexam, Inc.; Tata Tinplate Company of India; Bericap GmbH & Co. KG; Pretium Packaging LLC; Bemis Company, Inc.; Hood Packaging Corp.; Ball Corp.; Flexible Packaging Corp.; Hindustan National Glass & Industries Ltd. (HNGIL); and Tetra Pak

For More Information: www.grandviewresearch.com

Automotive Adhesives Market Size Worth $6.5 Billion By 2025

The global automotive adhesives market size is anticipated to reach USD 6.5 billion by 2025, exhibiting a CAGR of 4.4%, according to a new report by Grand View Research, Inc. Increasing demand for lightweight vehicles and shifting preference of consumers toward sustainable adhesives are projected to favor the market growth.

The usage of adhesives helps in reduction of weight of vehicles, which further boosts the fuel efficiency and overall performance of vehicles. This has resulted in rapid adoption of adhesives over mechanical fasteners in automotive industry. Also, they are increasingly being used in electric vehicles, which is anticipated to fuel the market growth further.

Adhesives including acrylic, polyurethane, epoxy, and rubber are widely used in body in white, exterior, and interior applications. Body in white is the raw framework of the vehicle, which utilizes a major quantity of adhesives. The product enhances the strength of the body frame while reducing the use of spot welding.

Polyurethane is the most widely used adhesive in the automotive industry, followed by acrylic and rubber. As compared to epoxy and acrylic, polyurethane adheres to a wider range of substrates. In terms of revenue, acrylic segment is anticipated to register a growth rate of 4.8% over the forecast period.

The product consumption is increasing extensively in developing economies with the growth in the production of heavy commercial vehicles. HCV & MCV segment is expected to register the fastest growth rate of 5.6%, in terms of revenue, over the forecast period owing to their increasing production in the Americas and Asia Pacific. Initiation toward adoption of electric vehicles, technological innovation, and developments in the manufacturing industry are further projected to boost the product demand. For instance, in February 2019, the Government of India approved the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME)-II scheme for funds worth USD 1.39 billion from 2020 to 2022.

The automotive adhesives market is competitive owing to the presence of significant players such as 3M, Bostik, H.B. Fuller, Henkel, Sika AG, and Wacker Chemie AG, among other regional players. Mergers & acquisitions, development of new technologies, and capacity expansions are the various strategic initiatives adopted by industry players to maximize their growth.

For instance, in April 2019, PARKER HANNIFIN CORP entered into an agreement to acquire LORD Corporation for USD 3.68 billion. The acquisition was aimed at fulfilling the company’s objective to invest in profitable and growing businesses such as engineered materials.

To request a sample copy:

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

Further key findings from the report suggest:

• NVH constituted a volume share of 36.5% in 2018 with the growing consumer preference for comfortable driving experience
• The bonding segment held a revenue share of 47.4% in 2018 owing to the growing demand for adhesives over mechanical fasteners
• Hot melt technology segment is anticipated to register a growth rate of 6.1%, in terms of revenue, over the forecast period due to its properties such as superior bonding and heat resistance
• Interior application segment is anticipated to witness growth in demand owing to the introduction of sustainable adhesives in the industry
• Increasing raw material prices are expected to affect the manufacturing cost, thereby resulting in an increase in product prices. For instance, H.B. Fuller North America increased the prices of its adhesives by 4% to 10% in October 2018.

For More Information: www.grandviewresearch.com

Range Hood Market Size Worth $13.82 Billion By 2025 | CAGR 4.3%

The global range hood market size is anticipated to reach USD 13.82 billion by 2025 registering a CAGR of 4.3%, according to a new report by Grand View Research, Inc. Extensive usage of IoT devices and smart features in range hood devices is expected to be the key factor driving the market. Furthermore, changing lifestyles due to busy work schedules along with increasing number of hotels and food chains, particularly in developing countries like India and China, are accelerating the market growth.

Stringent regulations by governments to ensure cleanliness and hygiene in commercial kitchens is also likely to augment the demand for these products over the forecast period. For instance, in India, Serve Safe, a nationwide initiative by the Food Safety and Standards Authority of India, ensures the safety of food. The under cabinet hood product type segment accounted the highest market share in 2018 and is projected to maintain its leading position during the forecast years. This growth can be attributed to the easy installation and affordability and compatibility of these devices with different kitchen designs.

Moreover, the duct transports smoke and particles out of the kitchen whereas other ductless versions recirculate the air inside. Ceiling hoods are expected to witness the highest CAGR of 4.8% from 2019 to 2025. Growth number of kitchen remodeling activities is anticipated to drive the demand for ceiling-mounted hoods, thereby boosting the segment growth. The offline distribution channel segment led the global range hood market accounting for the highest market share of more than 70% in 2018. However, rising popularity of e-commerce platforms and usage of smart devices, such as mobile phones and tablets, are expected to drive the online segment.

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

Further key findings from the study suggest:

• Online distribution channel is anticipated to be the fastest-growing segment over the forecast years on account of extensive usage of smartphones and e-commerce platforms for shopping
• Moreover, benefits offered by online portals like easy payment options, free installation, warranty, etc. are anticipated to spur the segment growth in futures
• Ceiling mount hood product type segment is estimated to witness the highest CAGR of 4.8% from 2019 to 2025
• North America was the dominant regional market in 2018. However, APAC is anticipated to expand at the fastest CAGR of 5.0% during the forecast period
• Some of the leading companies in the market include Asko Appliances; Broan, Inc.; BSH Home Appliances Corp.; Elica S.p.A.; Faber S.p.A.; Falmec S.p.A.; Miele, Inc.; Panasonic Corp.; Samsung Electronics; and Whirlpool Corp.

For More Information: www.grandviewresearch.com