Synthetic Lubricants Market To Reach $23.45 Billion By 2024: Grand View Research, Inc.

The global synthetic lubricants market is expected to reach USD 23.45 billion by 2024, according to a new report by Grand View Research, Inc. The rapidly expanding automotive industry, coupled with rising popularity of synthetic lubricants for automobile applications is projected to propel the market especially in countries such as South Korea, Brazil, and China. 

Synthetic lubricants provide numerous benefits when used for automotive applications such as excellent thermal stability and low friction. Rising awareness regarding the advantages of the product, as opposed to its mineral counterparts, will augment industry growth over the forecast period. A major application of synthetic lubricants is their use as heat transfer fluids in heavy machinery and heat exchangers. Rising industrial sector in Asia Pacific countries will propel product demand over the forecast period. 

Increasing R&D investment by companies for the introduction and development of improved grades is expected to fuel demand over the next eight years. However, low cost of mineral oils may reduce synthetic oil demand thus hampering industry development over the forecast period. Technological innovations related to anti-slip and flow properties of these products is expected to have a positive impact on the market over the forecast period.  

Browse full research report on Synthetic Lubricants Market: http://www.grandviewresearch.com/industry-analysis/synthetic-lubricants-market

Further key findings from the report suggest:

• The global synthetic lubricants market demand was around 3,821.8 kilo tons in 2015 and is projected to reach 4,900.1 kilo tons by 2024 growing at a CAGR of 2.8% from 2016 to 2024.
• PAO (Group IV) based synthetic lubricants was estimated at over 2,000.0 kilo tons. The compatibility of other mineral oils with synthetic oils is anticipated to be a major driver propelling the market. Although ester and PAG-based oils offer significantly better properties in comparison to PAO based oils, they are relatively more expensive which has thus resulted in lower market demand.
• Engine oil was the largest application segment valued over USD 6,000.0 million in 2015. Rising need for high fuel economy coupled with growing demand for high-quality gear and motor oils is expected to have a positive impact on the market over the forecast period.
• Asia Pacific is expected grow at a CAGR of over 3.0% from 2016 to 2024 on account of the growing industrial and automobile markets in the region. Furthermore, the European region witnessed the highest growth over the past few years on account of its large automotive manufacturing base in Germany.
• The synthetic lubricants market is fragmented with few manufacturers investing heavily in R&D to gain a greater share of the market. Rising expenditure on the development and introduction of fire-resistant type hydraulic fluids and food grade oils is expected to be one of the critical success factors over the forecast period. Prominent market players include British Petroleum, Valvoline, Chevron, Shell, Exxon Mobil and Total.

Browse more reports of this category by Grand View Research : http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the global synthetic lubricants market on the basis of product, application and region:

Synthetic Lubricants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• PAO
• Esters
• PAG

Synthetic Lubricants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Engine Oil
• Heat Transfer Fluids (HTF)
• Transmission Fluids
• Metalworking Fluids
• Others

Synthetic Lubricants Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Latin America
• Brazil
• MEA
• U.A.E

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: http://www.grandviewresearch.com

Solvent market Is Predicted To Grow Quickly Due To Coatings & Paints Industries Till 2025: Grand View Research, Inc.

The Global Solvent Market is expected to reach USD 31.63 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for industrial solvents from pharmaceuticals and paints & coatings industry is expected to remain a key driving factor for the global market. Additionally, high infrastructure spending and positive industrial outlook in the emerging markets of Asia Pacific and Latin America is further expected to fuel solvent demand over the next six years.

Alcohol based solvents emerged as the leading product segment and accounted for 29.8% of total market volume in 2013. Along with being the largest product segment, alcohol based solvents is also expected to be the fastest growing products, at an estimated CAGR of 3.5% from 2014 to 2020. Alcohol based solvents were followed by hydrocarbons which are expected to exceed a market worth USD 8 billion by 2020.

Browse full research report on solvent market: http://www.grandviewresearch.com/industry-analysis/solvent-market

Further key findings from the study suggest:

• The global market for solvents was 18,303.2 kilo tons in 2013 and is expected to reach 22,973.4 kilo tons by 2020, growing at a CAGR of 3.3% from 2014 to 2020.

• Paints & coatings were the largest application segment for solvents and accounted for over 60% of total market volume in 2013. Along with being the largest application segment, paints & coatings are also expected to be the fastest growing application for solvents, at an estimated CAGR of 3.6% from 2014 to 2020. Growth of global paints and coatings industry is expected to drive the demand for solvents over the next six years.

• Asia Pacific continued its dominance in the global market and accounted for over 40% of total market volume in 2013. In addition of being the largest market, Asia Pacific is also expected to be the fastest growing regional market for solvents at an estimated CAGR of 3.7% from 2014 to 2020.

• The global market for solvents is moderately fragmented with top four companies including Dow Chemicals, Shell Chemicals, ExxonMobil and British Petroleum (BP) accounting for just over 45% of total market in 2013. Some other companies operating in the global market include BASF, Sasol Solvents, Celanese Corporation, Ashland Inc., Eastman Chemical Company and Solvay SA.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

For the purpose of this study, Grand View Research has segmented the solvent market on the basis of product, application and region:

    • Global Solvent Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Alcohols
            • Hydrocarbons
            • Ketones
            • Esters
            • Chlorinated
            • Others (including glycols and soy oil)
    • Global Solvent Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Paints & Coatings
            • Printing Inks
            • Pharmaceuticals
            • Cosmetics & Adhesives
            • Other (Deicing, Cleaning Agent)
    • Global Solvent Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

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: http://www.grandviewresearch.com

Specialty Pulp And Paper Chemicals Market Is Projected To Grow Rapidly Due To Increasing Demand Technology Innovation Till 2020: Grand View Research, Inc.

Global Specialty Pulp And Paper Chemicals Market is expected to reach USD 25.71 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for specialty paper is expected to be a key driver for the market over the forecast period. Technology innovation, focusing on sustainable processes to minimize environmental impact is expected to be a critical factor for market development over the next six years.

Functional chemicals were the largest product segment with market revenue of USD 10.23 billion in 2013. Surging demand for pigmented, dyed and coated paper in industrial, consumer and art applications is expected to drive functional chemical demand over the forecast period. Bleaching chemicals were the second largest product segment with market revenue of USD 4.23 billion in 2013.

Browse full research report on Specialty Pulp And Paper Chemicals Market: http://www.grandviewresearch.com/industry-analysis/specialty-pulp-paper-chemicals-market

Further key findings from the study suggest:

• Functional chemicals are expected to be fastest growing product segment, at an estimated CAGR of 4.7% from 2014 to 2020.

• Process chemicals are expected to follow functional chemicals in terms of growth at an estimated CAGR of 4.3% from 2014 to 2020. Process chemicals are used to expedite and increase the overall efficiency of the process used for specialty paper manufacturing.

• Europe was the largest market for specialty pulp and paper chemicals, accounting for 42.4% of market share in 2013. The market is expected to lose share to North America on account of mature paper market in Europe coupled with growing wood and pulp industry in the U.S. and Canada.

• Asia Pacific is expected to be fastest growing market, at an estimated CAGR of 7.1% from 2014 to 2020 on account of growing retail market in Japan. Indonesia, China, India coupled with expansion of pulp and paper industry in Indonesia, China and South Korea.

• Specialty pulp and paper chemicals market was consolidated, with key companies being BASF, Kemira, AkzoNobel, Ashland Hercules, Dow Chemicals, ONDEO Nalco accounting for 83.0% of market share in 2013.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

For the purpose of this study, Grand View Research has segmented the global specialty pulp and paper chemicals market on the basis of product and region:

    • Specialty pulp and paper chemicals Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Bleaching chemicals
            • Process chemicals
            • Functional chemicals
            • Basic chemicals
    • Specialty pulp and paper chemicals Regional Outlook (Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • Row

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: http://www.grandviewresearch.com

Water & Wastewater Treatment Equipment Market Will Reach USD 103.41 Billion By 2025: Grand View Research, Inc.

The global water & wastewater treatment equipment market size is expected to reach approximately USD 103.41 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rising demand for fresh water mainly owing to population explosion and industrialization across the globe is estimated to amplify the market growth over the years ahead. This, in turn, is projected to enhance the requirements for secondary and tertiary treatment technology based equipment.

In terms of revenue, the market for biological equipment was held at USD 6.28 billion in 2015. This segment is projected to witness considerable growth, especially in municipal applications, owing to rising water infrastructure activities in developing countries including China, India, and South Africa.

Key market players are currently focusing on expanding installed capacity of their water treatment facilities. In April 2011, GE Water & Process Technologies completed the extension of its water treatment facility in Wuxi New Zone, China. The capacity has been doubled in order to curb the increasing demand of clean water and energy in China and other countries in the Asia Pacific region.

Browse full research report on Water & Wastewater Treatment Equipment Market: http://www.grandviewresearch.com/industry-analysis/water-soluble-fertilizer-market

Further key findings from the report suggest:

• Disinfection equipment is likely to be one of the fastest growing segments. This category accounted for 7.1% revenue share in 2015. The requirement of chemical free water & wastewater treatments in the U.S and the UK is anticipated to propel the usage of UV disinfection systems.
• India is estimated to offer lucrative growth prospects over the coming years. High demand for potable water, increase in government initiatives for water reclamation, and the rising foreign investments by global market players such as Va Tech Wabag Ltd., Ecolab Inc., and Suez Environnement S.A. are the major growth supporting factors of the industry in India.
• Europe generated revenue of over USD 21.0 billion in 2015 and is anticipated to witness stable growth over the forecast period. The implementation of stringent water and wastewater regulations has propelled the research & development activities regarding water treatment nanotechnologies. This scenario is likely to support the stable growth in Germany, France, and UK among other countries in the region.
• GE Water and Process Technologies, Aquatech International Corporation, Buckman Laboratories International, Inc., Ashland Inc., Best Water Technology AG, Culligan International Company, Suez Environnement S.A., Veolia Environnement S.A., Calgon Carbon Corporation, and Ecolab Inc. are some of the key players operating in the global water & wastewater treatment equipment market.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the global water & wastewater treatment equipment market by product, technology, application, and region:

• Product Outlook (Revenue, USD Million, 2014 - 2025)
• Membrane Separation
• Disinfection
• Biological
• Sludge
• Others
• Technology Outlook (Revenue, USD Million, 2014 - 2025)
• Primary Treatment
• Secondary Treatment
• Tertiary Treatment
• Application Outlook (Revenue, USD Million, 2014 - 2025)
• Municipal
• Industrial
• Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America

• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Singapore
• Central & South America
• Brazil
• Middle East & Africa
• South Africa
• Saudi Arabia
• Israel

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: http://www.grandviewresearch.com

Water Soluble Fertilizers Market Is Anticipated To Grow Quickly Due To Increasing Demand For Drip Irrigation Till 2022: Grand View Research, Inc.

The global water soluble fertilizers market is expected to reach USD 22.0 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the product as they improve crop quality and increases crop production output significantly will augment market growth over the forecast period. Increasing crop production in countries including China, India, the U.S., Indonesia, Brazil, Japan and Mexico on account of growing population will drive industry size over the next eight years. Decreasing availability of arable land is expected to fuel the product demand over the forecast period.

Horticultural crops are projected to show significant revenue gains at a CAGR of 6.8% from 2016 to 2024 owing to rising consumption of fruits, vegetables, spices and medicinal plants. Moreover, rapid economic development, government support, advancements in fertilizer manufacturing is anticipated to propel market demand.

Browse full research report on Water Soluble Fertilizers Market: http://www.grandviewresearch.com/industry-analysis/water-soluble-fertilizer-market

Further key findings from the report suggest:

• Foliar accounted for 30.4% of the overall volume and will show steady growth in light of rising application in various fruits & vegetables including tomatoes, beans, and melons. However, high cost as compared to fertigation will pose a challenge to its growth.
• Europe accounted for 37.6% of the overall revenue share in 2015 and is expected to witness significant gains in light of rising food security concern owing to growing population along with high export demand for food products including wheat and cereals from Germany, France, Italy and UK. Moreover, the presence of key participants including Yara International, Bunge Ltd., Agrium, Eurochem, Potash Corp, and CF Industries will promote industry growth.
• Latin America will witness substantial revenue rise at a CAGR of 7.2% from 2016 to 2024 on account of the presence of various major participants including The Mosaic Company, Potash Corp, and Haifa Chemicals. Development of agricultural policies and government schemes to promote micro irrigation systems, which dispenses water soluble fertilizers will augment industry size.
• Water soluble fertilizers industry is dominated by major participants including Agrium Inc., Potash Corp, Israel Chemicals Limited, The Mosaic Company, K+S AG, and Yara International ASA. Ongoing product innovation to produce efficient and cost-effective fertilizers is expected to lead to industry expansion over the next eight years.
• In April 2016, Yara International expanded the Rio Grande fertilizer plant capacity in Brazil to create one of the most modern fertilizer sites. In December 2015, Yara International acquired Greenbelt Fertilizers to expand the fertilizer business in Zambia and surrounding areas that were experiencing fast agricultural growth. In March 2015, Israel Chemicals planned to build a potassium nitrate production plant to meet growing demand for soluble specialty fertilizers.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the global water soluble fertilizers market on the basis of product, crop type, application, and region:

Water Soluble Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Nitrogenous
• Phosphatic
• Potassium
• Micronutrients
• Secondary nutrients

Water Soluble Fertilizers Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Field
• Horticultural
• Plantation
• Turf & ornamental

Water Soluble Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Fertigation
• Foliar

Water Soluble Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Mexico
• Canada
• Europe
• Germany
• UK
• Italy
• Russia
• Spain
• Ukraine
• Asia Pacific
• China
• India
• Japan
• Australia
• Malaysia
• Latin America
• Brazil
• MEA
• South Africa

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: http://www.grandviewresearch.com

Waterborne Coatings Market To Witness Growth Based On Rising Need In Residential & Commercial Sectors, Till 2022 : Grand View Research, Inc.

The Global waterborne coatings market is expected to reach USD 146.11 billion by 2022, according to a new study by Grand View Research, Inc. Increasing construction and remodeling activities in emerging economies of Asia Pacific and Middle East is expected to drive waterborne coatings market growth over the next seven years. Waterborne coatings are widely used in interior & exterior paints, doors, trims and facades in architectural industry. Stringent government regulations in order to reduce volatile organic compounds (VOC) emissions associated with solvent based coatings are projected to propel market growth. Increasing automobile production in countries such as India, China, Thailand, Indonesia and Mexico has also prompted the demand for waterborne coatings.

Acrylic resins were the most dominant resin in waterborne coatings and accounted for over 80% of total market volume in 2014. They find wide application scope in end-use industries such as infrastructure and automotive refinishes owing to exterior durability coupled with low production cost. Polyurethane (PU) is expected to emerge as fastest growing resin at an estimated CAGR of 7.5% from 2015 to 2022. Superior PU properties over other resins are expected to drive its demand over the forecast period.

Browse full research report on Waterborne Coatings Market: http://www.grandviewresearch.com/industry-analysis/waterborne-coatings-market

Further key findings from the study suggest:

• Global waterborne coatings market demand was 20.54 million tons in 2014 and is expected to reach 32.71 million tons by 2022, growing at a CAGR of 6.0% from 2015 to 2022.
• Architectural was the largest application segment and accounted for 86.5% of the total market volume in 2014. Automotive OEM is anticipated to be the fastest growing application segment at a CAGR of 8.1% from 2015 to 2022.
• Europe emerged as the largest regional market and accounted for 38.6% of global consumption in 2014. Stringent environmental regulations to minimize the use of solvent borne coatings are expected to drive the regional market over the forecast period.
• Asia Pacific is expected to witness the highest growth of 7.9% from 2015 to 2022. Increasing infrastructure activities in India, China and Indonesia is expected to drive the regional market. Asia Pacific is expected to surpass Europe to become the leading consumer by 2022.
• Global waterborne coatings market is moderately consolidated with presence of large multinational corporations. Some of the major companies operating in the global market include BASF, Berger Paints India Ltd., Kansai Paint Company Ltd., Axalta Coatings Systems LLC, and Nippon Paint Holdings Company LLC. Other prominent industry participants in global market comprise of  RPM International, PPG Industries Inc., Akzo Nobel NV, The Valspar Corporation, The Sherwin-Williams Company and Tikkurila Oyj.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

For the purpose of this study, Grand View Research has segmented the waterborne coatings market on the basis of resin, application and region:

Global Waterborne Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Acrylic
• Polyurethane (PU)
• Epoxy
• Alkyd
• Polyester
• Polytetrafluoroethylene (PTFE)
• Polyvinylidene Chloride (PVDC)
• Polyvinylidene Floride (PVDF)
• Others

Global Waterborne Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Architectural
• General Industrial
• Automotive OEM
• Metal Packaging
• Protective Coatings
• Automotive Refinish
• Industrial Wood
• Marine
• Coil
• Others

Global Waterborne Coatings Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• France
• UK
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Middle East & Africa

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: http://www.grandviewresearch.com

Paraffin Wax Market Hits USD 7.27 Billion By 2025: Grand View Research, Inc

The global paraffin wax market is expected to reach USD 7.27 billion by 2025, according to a new report published by Grand View Research, Inc. Increasing demand for paraffin waxes in flexible packaging, candle manufacturing, rubber, and cosmetics is expected to aid in market expansion over the next nine years. Rising consumption of these products as a rheology modifier, electrical insulator, friction reducer, plasticizer, and flame retardant is expected to increase market size over the forecast period.

Paraffin waxes are used in flexible packaging as they provide an excellent barrier against odor and gas transmission. The growing food & beverage sector in developing countries including China, Japan, India, South Korea, South Africa, and Brazil is expected to stimulate packaging growth, which in turn will drive product demand over the upcoming years.

Browse full research report on Paraffin Wax Market: http://www.grandviewresearch.com/industry-analysis/paraffin-wax-market

Further key findings from the report suggest:

• The global industry demand was 3,461.8 kilo tons in 2015 and is expected to grow substantially on account of increasing demand for home fragrance products in countries including China, the UK, India, and the U.S.
• Cosmetic application segment is projected to show volume grow at a CAGR of 4.2% from 2016 to 2025. Increasing usage of these products as body moisturizers in dermatology is likely to fuel growth.
• Rising demand for creams, lipsticks, ointments, and personal care products is expected to drive industry growth. Developing personal care industry in countries including the U.S., India, France, China, Brazil, Argentina, Russia, Indonesia, South Africa, Thailand, Saudi Arabia, and UAE is further expected to create growth opportunities for the product over the upcoming years.
• Asia Pacific was the leading market in 2015 and is projected to foresee rapid revenue growth at a CAGR of 4.4% from 2016 to 2025. The increase is attributed to the rapid development of packaging, personal care, and adhesives industries in the region. Growing utilization of these waxes in hot melt adhesives mainly in China, South Korea, Australia, India, and Taiwan will spur industry expansion over the next nine years.
• The industry is highly competitive with a large number of participants in China, the U.S., India, and South Africa. Key players include ExxonMobil, PetroChina Company Limited, Sinopec, International Group Inc., Repsol, IOCL, and Sasol.
• ExxonMobil provides semi refined paraffin wax which finds applications in packaging and adhesives and complies with Food and Drug Administration (FDA) specifications
• Companies such as Sasol provide non-toxic paraffin wax which is produced by environment-friendly technology, i.e., high-pressure hydrogenation. This innovation, in turn, will create new opportunities for growth over the next nine years.

Read Our Blog: http://www.grandviewresearch.com/blog/paraffin-wax-market-size-share

Grand View Research has segmented the global paraffin wax market on the basis of application and region:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014-2025)

• Candles
• Packaging
• Cosmetics
• Hotmelts
• Board Sizing
• Rubber
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014-2025)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• MEA

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: http://www.grandviewresearch.com

Automotive Silicone Market Is Predicted To Grow At 8.5% From 2016 to 2025: Grand View Research, Inc.

The global automotive silicones market is expected to reach USD 5.84 billion by 2025, according to a new report by Grand View Research, Inc. The growing awareness about lightweight materials used in automotive production is expected to drive the demand for silicones.

Automotive silicones are being used in a host of applications on account of their favorable properties such as resistance to corrosion, chemicals, heat and ultraviolet rays. Their ability to reduce the overall weight of the vehicle by the application in specific parts of the vehicle is expected to drive their market growth over the forecast period.

The industry is dominated by Asia Pacific due to the presence of a large number of automotive parts manufacturers and production facilities of silicone in countries such as China, Japan and India. Major automobile manufacturers such as Toyota, General Motors and Volkswagen are outsourcing their spare parts manufacturing operations to Asia Pacific on account of the low price of silicones.

Browse full research report on Automotive Silicone Market: http://www.grandviewresearch.com/industry-analysis/automotive-silicone-market

Further key findings from the report suggest:

• Resins are the fastest growing segment and are anticipated to witness a CAGR of over 8.5%, in terms of volume, from 2016 to 2025 on account of their effective binding ability on vehicle surfaces and high protection of the automotive finishes
• The interior and exterior parts was the largest application with a market share of over 35% in 2015 on account of the rapidly increasing application scope of lightweight materials in automotive body manufacturing
• The demand in Asia Pacific was valued atover USD 900.0 million in 2015 on account of significantly growing vehicle equipment manufacturing in China and India
• The market is highly consolidated with a few major companies dominating the industry. The key manufacturers include Wacker Chemie and Dow Corning.
• The industry participants are now establishing alliances with OEM manufacturers to strengthen their market position. Industry players are also investing heavily in R&D to develop sustainable products that provide them with a competitive edge in the future.

Read Our Blog: http://www.grandviewresearch.com/blog/automotive-silicones-market-size-trends

Grand View Research has segmented the global automotive silicones market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Elastomers
• Adhesives & Sealants
• Resins
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Interior & Exterior parts
• Engine & Drive Train parts
• Electrical systems
• Suspension systems
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa

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: http://www.grandviewresearch.com

U.S. Polymethyl Methacrylate Market Is Anticipated To Reach $77.5 Billion By 2024: Grand View Research, Inc.

U.S. polymethyl methacrylate(PMMA) market is expected to reach USD 1.02 billion by 2022, according to a new report by Grand View Research, Inc. Increasing PMMA consumption in automotive and construction industries is expected to drive growth over the forecast period. These industries have reached pre economic crisis levels, which have prompted the domestic demand. Volatile MMA prices coupled with stringent regulations are expected to impact profitability of key manufacturers. 

Extruded sheets were the largest product segment and accounted for over 50% of total domestic demand in 2014. Rising application in LED screens, solar panels, visual marketing communication displays and interiors is expected to drive product growth. Pellets are expected to witness the highest growth of 3.6% from 2015 to 2022. Rising demand from intermediate processors who require product variety and color diversity is expected to drive product growth. 

Browse full research report on U.S. Polymethyl Methacrylate Market: http://www.grandviewresearch.com/industry-analysis/us-polymethyl-methacrylate-market

Further key findings from the study suggest:

• U.S. PMMA market demand was 214.6 kilo tons in 2014 and is expected to grow at a CAGR of 3.4% from 2015 to 2022.
• Signs and displays was the leading application segment with demand share estimated at 34.1% in 2014. Increasing PMMA penetration in signage, display cabinets, leaflet dispensers, casings and holders application is expected to drive this segment.
• Automotive is expected to witness the highest gain in its market size over the forecast period. The segment is expected to grow at a CAGR of 3.6% from 2015 to 2022. Increasing product consumption in passenger car components such as LED headlights and window glazing is projected to boost automotive applications over the forecast period. Increasing demand for high performance plastics to curb the overall weight of automobiles in order to improve fuel efficiency is also expected to help in market development.
• Other niche applications such as coating, emulsions, solar panels, furniture and medical devices are also anticipated to accelerate U.S. PMMA market growth.
• Industry is highly consolidated with top four companies including Lucite International, Altuglas, Plaskolite and Evonik accounting for over 70% of total market in 2014. Altuglas International emerged as the leading player in the domestic PMMA market. Price wars, differentiated production processes and integrated supply chain are some key attributed in the domestic industry. 

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the U.S. PMMA market on the basis of product and application:

U.S. PMMA Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Extruded Sheets
• Cell Cast Sheets & Blocks
• Pellets
• Beads 

U.S. PMMA Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Construction
• Electronics
• Automotive
• Signs & Display

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: http://www.grandviewresearch.com

Unsaturated Polyester Resin Market To Be Driven By Increasing Use Of Tanks & Pipes In The Chemical Industry Till 2020:Grand View Research,Inc.

Global Unsaturated Polyester Resin (UPR) Market is expected to reach USD 11.37 billion by 2020, according to a new study by Grand View Research, Inc. Growing construction industry as a result of industrialization in emerging countries including China, India and Brazil is expected to increase Fiberglass Reinforced Plastics (FRP) demand. UPR is extensively used in the manufacturing of FRP and is expected to witness growth on account of growing FRP use in construction. Increasing use of tanks & pipes in the chemical industry is expected to propel UPR demand over the forecast period.

Building & construction was the most dominant end-use of UPR with demand estimated at over 1,100.0 kilo tons in 2013 owing to increasing FRP usage. Increasing application scope in industries including marine, aerospace, automotive and chemical is expected to result in high demand for UPR over the next six years. UPR use in tanks and pipe is expected to be a key area of development for the market over the forecast period.

Browse full research report on Unsaturated Polyester Resin Market: http://www.grandviewresearch.com/industry-analysis/unsaturated-polyester-resin-upr-market

Further key findings from the study suggest:

• Global UPR demand was estimated at 4,509.3 kilo tons in 2013 and is expected to exceed 6,800.0 kilo tons by 2020, growing at a CAGR of 6.3% from 2014 to 2020.
• Orthopthalic resins are widely used in transport, construction and marine industries owing to low cost as compared to DCPD resins. However, the latter are increasingly gaining acceptance due to low VOC emissions and are estimated to gain share over the next six years. DCPD resins are expected to witness fastest growth at an estimated CAGR of 6.7% from 2014 to 2020.
• Construction industry is expected to witness high UPR demand primarily due to lightweight and high sustainability of FRP. Increased infrastructure spending by emerging countries is expected to positively impact UPR demand.
• Asia Pacific accounted for more than 50% of market volume share in 2013 owing to high end-use industry growth. Emerging economies of India and China are experiencing rapid industrialization resulting in infrastructure improvement and increased marine, transport, aerospace and automobile industries which are key factors responsible for high market share.
• UPR market has numerous domestic participants catering to end-use industries in their respective region. The market is fragmented on a global level with the top four companies accounting for less than 25% of the market in 2013. Key global participants in the market include BASF, Dow Chemicals, Ashland and CCP Composites.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

For the purpose of this study, Grand View Research has segmented the global UPR market on the basis of product, end-use and region:

UPR Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Orthopthalic
    • Isopthalic
    • DCPD
    • Others
UPR End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Building & Construction
    • Tanks & Pipes
    • Electrical
    • Marine
    • Transport
    • Artificial Stones
    • Others
UPR Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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: http://www.grandviewresearch.com

Chitosan Market To Reach $17.84 Billion By 2025: Grand View Research, Inc.

The global chitosan market is expected to reach USD 17.84 billion by 2025, according to a new report by Grand View Research, Inc. Chitosan market demand is primarily driven by factors including raw material availability, price, and product quality. Rising application scope of the product as an eco-friendly compound in waste water treatment, textile and agrochemical industry is expected to propel demand over the projected period.

Chitosan is a one of the most abundantly available biopolymers and is primarily obtained from shrimp shell waste disposed of by the fishery industry. As a result, integration with fishery industries in order to source raw material is the key factor promoting growth. In addition, abundant availability coupled with low cost of the raw materials is expected to propel demand.

The market was initially dominated by Japanese companies over the past few years. However, other Asian countries including China and India are expected to witness significant growth owing to increasing number of new market players.

The majority of the compound produced lacked purity, which is essential primarily in the pharmaceutical and medical industry, which is expected to hamper growth over the forecast period. In addition, low production volumes and high product cost associated with high purity chitosan are expected to compel manufacturers for product innovation and capacity expansion.

Browse full research report on http://www.grandviewresearch.com/industry-analysis/global-chitosan-market:

Further key findings from the report suggest:

• Water treatment is expected to grow at a CAGR over 17% from 2016 to 2025, owing to its high demand for removal of metals and chemicals from wastewater including pesticides, surfactants, phenol and polychlorinated biphenyls
• The demand for the compound in food & beverage application in Europe was valued over 290 Million in 2015 and is expected to grow at significant rate owing to rising demand for wine processing industry
• In North America, cosmetics was the largest application segment for the product with the market value over USD 1.42 billion in 2015 and is likely to grow owing to the rising demand for bio-derived personal care products
• Key players in the industry include Yunzhou Biochemistry Co., Advanced Biopolymers AS, Biophrame Technologies, United Chitotechnologies Inc., Koyo World (Hong Kong) Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd., Agratech LLC., Kraeber& Co. GmbH, Foodchem International Corporation, and FMC Corporation

Read Our Blog: http://www.grandviewresearch.com/blog/global-chitosan-industry

Grand View Research has segmented the chitosan market on the basis of application and region:

• Chitosan Market Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2025)
• Water Treatment
• Pharmaceutical & biomedical
• Cosmetics
• Food & beverage
• Others
• Chitosan Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2025)
• North America
• Europe
• Japan
• Asia Pacific
• Rest of the World

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: http://www.grandviewresearch.com

PP (Polypropylene) Nonwoven Fabric Market Is Expected To Reach USD 34.98 Billion By 2025:By Grand View Research, Inc.

The global polypropylene (PP) nonwoven fabric market is expected to reach USD 34.98 billion by 2025, according to a new report by Grand View Research, Inc. Rapidly increasing disposable income level in countries such as China, India and Brazil has enhanced market penetration for baby diapers, adult incontinence products which have had a mirror impact on PP nonwoven fabric demand in these regions.

These fabrics are now being aggressively adopted for durable applications such as geotextiles, construction, automotive, home furnishing, etc. which has increased their penetration level in such markets. However, volatile raw material supply is expected to be a key challenge for industry participants, in terms of maintaining profitability

Polypropylene being a petrochemical derivative, witnesses significant fluctuation in its price owing to the supply-demand imbalance. Over the last few years, there has been rising concern over the depleting petroleum reserves which have led to a shortage of chemicals, affecting their market price

In terms of production, emerging markets of Latin America, Middle East and Africa hold maximum potential. These regions are expected to cater to the growing demand for PP nonwoven fabrics by 2025.

Some of the major expansions planned in these regions are projected to come from Russia which holds the advantage of having abundant natural resources. However, Asia Pacific is also expected to expand its capacity on account of favorable government policies in India and China to increase the flow of FDI.

Browse full research report on Polypropylene (PP) Nonwoven Fabric Market: http://www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market

Further key findings from the study suggest:

• Spunbonded fabric emerged as the largest as well as fastest growing product segment and is expected to witness a revenue growth at an estimated CAGR of around 9%
• Majority of spunbonded polypropylene nonwoven fabric produced is consumed for hygiene application around the world
• Meltblown PP nonwoven fabrics is anticipated to emerge as the second fastest growing product segment
• Major application of meltblown PP nonwoven fabrics include sanitary applications such as hygiene and incontinence products for babies, adults and feminine hygiene products
• Hygiene application segment observed highest market penetration and accounted for 45.0% of the overall market volume in 2015
• PP nonwoven fabric demand in furnishings applications is expected to grow at fastest estimated CAGR of over 10% during the forecast period
• Asia Pacific is expected to emerge as the fastest growing as well as the largest regional segment owing to increasing healthcare expenditure

Read Our Blog: http://www.grandviewresearch.com/blog/pp-polypropylene-nonwoven-fabric-market-size-share

Grand View Research has segmented the PP (Polypropylene) Nonwoven Fabric market on the basis of product, application and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Spunbonded
• Staples
• Meltblown
• Composite

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Hygiene
• Industrial
• Medical
• Geotextiles
• Furnishings
• Carpet
• Agriculture
• Other

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Korea
• Oceania
• South East Asia
• Middle East and Africa
• Saudi Arabia
• Central & South America

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: http://www.grandviewresearch.com

Automotive Coatings Market Hits USD 36.31 Billion By 2025: By Grand View Research, Inc.

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.

Browse full research report on Automotive Coatings Market: http://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

Read Our Blog:http://www.grandviewresearch.com/blog/automotive-coatings-market-size-share

Grand View Research has segmented the global automotive coatings market on the basis of product, technology, application, end-use, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Primer
• Electro coat
• Basecoat
• Clear coat

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Waterborne Coatings
• Solvent borne Coatings
• Powder Coatings
• UV-cured Coatings

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Metal Parts
• Plastic Parts

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Light Vehicle OEM
• Commercial Vehicle OEM
• Automotive Refinish

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• MEA

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: http://www.grandviewresearch.com

Surfactants Market Size Will Grow At A CAGR Of 4.6% from 2015 to 2022: Grand View Research, Inc.

In 2014, the global surfactant market was worth USD 25.60 billion. Development of detergents market predominantly in Latin America and Asia Pacific as a result of rising disposable income levels is likely to drive market growth. Moreover, growing oilfield chemicals demand on account of speedily growing E&P activities in China and North America is also expected to drive the global surfactants market.

Surfactants are used to diminish surface tension between a solid and a liquid or between two liquids in the form of emulsifiers, wetting agents, foaming agents, detergents or dispersants. They are used in numerous end-use industries for instance cosmetics, agrochemicals and pharmaceuticals. Constant progress in these sectors is projected to assist the major industry participants.

Browse full research report on Surfactants Market: http://www.grandviewresearch.com/industry-analysis/surfactants-market

Anioinic surfactants was the largest product type which accounted for over 45% of the market in 2014. Increasing demand for linear alkyl benzene in cleaners and detergents on account of profitable characteristics of products led to the high market share. Amphoteric surfactant type is projected to witness the highest growth rate, at an estimated CAGR of 4.9% from 2015 to 2022. Amphoteric surfactants are extensively being used worldwide owing to their various properties such as conditioning, bio degradability, foaming & foam stabilization and detergency.

Surfactant application accounted for the highest market share of over 40% in 2014. Growing product demand in detergents, household cleaners and soaps accounted for the huge demand in home care segment. Personal care application is forecasted to witness the highest growth rate, at an anticipated CAGR of 5.0% from 2015 to 2022. The growing demand for new innovative products such as anti-aging creams and make-up is expected to drive the demand for personal care application.

Asia Pacific accounted for over 30% of the global surfactant market in 2014.Increasing demand for home care and personal care products along with rising awareness about bio-based products is projected to provide an upper hand over other regions in the near future.

BASF - Cognis was the leading company in 2014 contributing over 30%of the total market share of global surfactants market. Other major companies in the market include Akzo Nobel, Kao, Stephan, Rhodia, Clariant, Evonik, Croda and Huntsman. The major industry participants in global surfactants market are developing new innovative products. In addition, some of the key strategies of the industry participants include joint ventures, mergers & acquisitions along with efficient marketing strategies. Media platforms are projected to be utilized on a large scale for product promotion and differentiation.

Browse more reports of this category By Grand View Reseach: http://www.grandviewresearch.com/industry/personal-care-and-cosmetics

Grand View Research has segmented the global surfactants market on the basis of product, application and region:

Global Surfactants Product Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012 - 2022)

• Cationic surfactant
• Nonionic surfactant
• Fatty Al Ethoxylates (AE)
• Alkyl Phenol Ethoxylates (NPE)
• Others
• Anionic surfactant
• Linear Alkyl Benzene
• FAI Ether Sulfates
• Sulfosuccinates
• Others
• Amphoteric surfactant
• Other Surfactants

Global Surfactants Application Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012 - 2022)

• Home Care
• Personal Care
• Industrial & Institutional Cleaners
• Food Processing
• Oilfield Chemicals
• Agricultural Chemicals
• Textiles
• Emulsion Polymerization (Plastics)
• Paints & Coatings
• Construction
• Other Applications
• Others

Global Surfactants Regional Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

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: http://www.grandviewresearch.com