Baby Diapers Market Is Anticipated To Grow Due To Increasing Working Women Ratio Till 2022: Grand View Research, Inc.

The global baby diapers market is expected to reach USD 64.62 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income level coupled with increasing birth rates particularly in emerging markets is expected to remain a key driving factor for global baby diapers market. Growing awareness regarding baby’s health and novel products resulting from technological advances are other critical factors that are presumed to positively impact the baby diaper market over the forecast period. Increasing working women ratio is another key factor that is expected to aid the market over the next seven years.

Health awareness regarding health hazards resulting from chemicals used in disposable diapers is anticipated to hamper the global baby diaper market growth over the forecast period. Technological advances resulting in novel products with superior properties promise ample opportunities for the industry participants. Rapid e-commerce growth particularly in the developing markets is expected to provide abundant penetration opportunities to the industry participants in the near future.

North America baby diapers market revenue by product, 2012-2022, (USD Million)

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Further key findings from the report suggest:

• Global baby diaper market was USD 39.97 billion in 2014 and is expected to reach USD 64.62 billion in 2022, growing at an estimated CAGR of 6.2% from 2014 to 2022.
• Disposable diapers dominated the global market with nearly two-thirds of the total revenue in 2014 and are expected to witness a CAGR of 5.4% over the forecast period. Cloth diapers market were the second largest product segment for baby diapers market. Bio-degradable diapers are projected to witness the highest growth rate over the forecast period.
• Pre-fold cloth diapers dominated the cloth diapers market in 2014 and are presumed to witness a CAGR of 10.5% from 2015 to 2022. Other cloth diaper products include flat cloth diapers, fitter cloth diapers, all-in-one cloth diapers and other cloth diapers.
• Disposable diaper market products include ultra absorbent disposable diapers, super absorbent disposable diapers, regular disposable diapers and bio-degradable disposable diapers. Regular disposable diapers are projected to witness a CAGR of 2.2% over the forecast period.
• The industry is characterized by companies taking strong initiatives to enhance product portfolio and increase their production capacity to cater to the growing demand from the developing regions. Key industry participants include P&G, Hengan, Unicharm, Phillips Healthcare, Kimberly Clark, SCA and Associated Hygiene.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Bioherbicides Market Is Anticipated To Reach $4.14 Billion By 2024: Grand View Research, Inc.

The global bioherbicides market is expected to reach USD 4.14 billion by 2024, according to a new report by Grand View Research, Inc. Growing eco-friendly weed killer demand on account of increasing organic farming preference over synthetic methods is expected to remain a key driving factor for global bioherbicides market. In addition, sustainable crop cultivation practices development is also anticipated to positively influence the market growth. High quality and nutritional fruit & vegetable cultivation with the help of bioherbicides are expected to significantly contribute towards industry development. 

The shift in consumer’s trend towards nutritional and greener diet has given rise to organically produced vegetables and food grains demand which in turn is anticipated to drive industry growth over the forecast period. Easy availability coupled with affordable prices of synthetic herbicides is expected to a pose challenge to bioherbicides market. In addition, lack of awareness among farmers is also anticipated to negatively impact the product preference for cultivation purposes. 

Fruit and vegetable sector was the leading application segment and accounted 27.3% of total revenue in 2015. Turf and ornament segment is anticipated to witness the highest growth of 16% from 2016 to 2024. The product finds its application in gardening, clearing of railway tracks, gold course maintenance which is anticipated to further contributed expand the application base in turf and ornament sector. 

U.S. bioherbicides market revenue by application, 2014-2024, (USD Million)

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Further key findings from the report suggest:

• Global bioherbicide market was valued at USD 1.12 billion in 2015 and is expected to reach USD 4.14 billion by 2024, growing at a CAGR of 15.7% from 2016 to 2024
• North America was the leading regional market and accounted for 29.5% of global revenue in 2015. Government initiatives and increasing consumer awareness regarding health and environmental issues particularly in the U.S. are expected to drive the regional market over the forecast period.
• Asia Pacific is expected to witness the highest growth of 16.1% from 2016 to 2024. Increasing product demand in Australia is anticipated to significantly contribute to the overall regional growth.
• Key players operating in the global bioherbicides industry include Bioherbicides Australia (BHA), Hindustan Biotech, Marrone Bio Inventions, Fitz Chem Corporation, Emery Oleochemicals, Mycologic Inc and Engage Agro USA.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Dyes & Pigments Market Is Anticipated To Grow Due To Increasing Demand From Printing Inks Application Till 2025: Grand View Research, Inc.

The global dyes & pigments market is expected to reach USD 46.4 billion by 2025, growing at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Dyes & pigments are expected to witness significant growth in the consumption on account of high application scope coupled with increasing demand from printing inks application.

Increasing demand in Asia Pacific region from various applications such as textiles, construction, and plastics is anticipated to drive the market. Increasing consumers’ willingness to spend, industrialization, and rapid economic growth is anticipated to further propel the growth across the region.

Fast growing digital printing market is anticipated to provide a positive scope for printing inks industry, thereby driving the growth over the forecast period. Increasing food and beverage consumption is anticipated to drive the product demand further.

U.S. dye market revenue, by product, 2014 - 2025 (USD Billion)

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Further key findings from the report suggest:

• Reactive dyes were valued at USD 10.81 billion in 2016 owing to their high utilization in leather industry
• Petrochemical derivatives such as benzene and naphthalene along with other reagents and inorganic chemicals are the key raw materials utilized in the industry
• The Asia Pacific market is expected to witness rapid growth of 5.6% from 2017 to 2025. Stringent regulations in Europe have shifted the demand to Asia Pacific countries such as India and China
• Growing construction industry across Asia Pacific region is anticipated to provide a positive outlook for the product demand over the forecast period
• In April 2017, BASF SE signed a partnership with Landa Labs, which helped the company to serve automotive industry with new pigments utilizing nano pigment technology of Landa Labs
• In May 2017, Clariant AG signed a merger with Huntsman, which strengthened business position of the company in pigments industry
• The key players in the market include BASF SE, DIC Corporation, Clariant AG, Huntsman Corporation, Sudarshan Chemical Industries Limited, Atul Ltd, Cabot Corp, Dupont, Kiri Industries Ltd, Kronos Worldwide Inc, Lanxess AG, Tronox Ltd, and CPS Color AG

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Adhesion Promoter Market Is Predicted To Grow Swiftly Due To Increasing Demand For Silane & Silicone Products Till 2024: Grand View Research, Inc.

The global adhesion promoter market is expected to reach USD 5.21 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for silane and silicone products to enable efficient transportation with greater fuel savings is likely to foster industry growth. 

The increasing industrialization in emerging economies such as Brazil, China, India and Mexico coupled with a growing automotive sector has prompted high demand for sustainable paints and coatings. Silane promoters, in particular contribute to extended material lifetime and boost resource usage especially in automotive paints. 

Rising consumer disposable income in these economies is also expected to contribute to high passenger car sales which in turn is crucial to industry growth. Growing environmental and regulatory pressure to reduce resource wastage and carbon emissions from the transportation sector is also likely to promote product demand. 

High demand for silane products such chlorosilanes and other alkoxysilanes on account of greenhouse gas (GHG) abatement effects is likely to foster silane growth. Silanes thus emerged as the largest product with around 34% market share in 2015. Maleic anhydride emerged as the fastest growing product with highest CAGR of 7.3% from 2016 to 2024. These additives provide durability and enhanced binding capabilities to composites, specifically providing strength & stability in the automotive & construction sector.  

U.S. adhesion promoter market revenue by product, 2014 - 2024 (USD Million)

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Further key findings from the report suggest:

• Global adhesion promoter market size was708.1 kilotons in 2015 and is expected to reach 1,181.5 kilo tons by 2024, growing at a CAGR of 6.0% from 2016 to 2024
• Plastics & composites were the leading application segment and accounted for 32.9% of total market volume in 2015.Development of innovative polymer resin materials and high performance plastic composites is likely to lead to their usage in automotive, aerospace and marine transportation owing to their light weight and high strength.
• Technological advancements are expected to spur product demand in ‘green tires’ leading to growth in rubbers segment. China generated the highest demand for promoters in rubber segment accounting for over 17% of its consumption in 2015.
• North America and Europe present relatively mature markets with a combined share of around 39% in 2015. Highly developed countries such as the U.S., Canada, Germany, the UK, France and Italy witnessed high product penetration, presenting few opportunities to market participants over the forecast period.
• Adhesion promoters market is mainly dominated by multinational players such as BASF, Arkema, The 3M Company, Eastman Chemical Company, DuPont, Ashland, Momentive Performance Materials Inc., Dow Corning Corporation, Altana AG, Evonik Industries among several other independent players.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Ammonium Sulfate Market Worth USD 3.44 Billion By 2022: Grand View Research, Inc.

The global ammonium sulfate market is expected to reach USD 3.44 billion by 2022, according to a new report by Grand View Research, Inc. Growing fertilizers demand on account of growing population and decreasing arable land is expected to remain a key driving factor for global ammonium sulfate market. Shift in trend towards increasing crop yield by increasing nutrient contents such as nitrogen and sulfur in soil is also expected to have a positive influence on the market growth. Presence of stringent regulatory norms particularly in developed markets of Germany, France, UK and the U.S. are expected to remain a key challenge for market participants.

Solid ammonium sulfate emerged as the leading product segment and accounted for over three quarters of total demand in 2014. Solid ammonium sulfate is also expected to witness highest growth of 2.45% from 2015 to 2022. Granular ammonium sulfate finds its application across a wide range of end-use industries which has contributed towards its growth.

U.S. ammonium sulfate market volume by application, 2012-2022, (Kilo Tons)

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Further key findings from the report suggest:

• Global ammonium sulfate market demand 24.60 million tons in 2014 and is expected to reach 29.81 million tons by 2022, growing at a CAGR of 2.43% from 2015 to 2022.
• Fertilizer emerged as the leading application segment and accounted for over 90% of total market volume in 2014. Continuous increase in population coupled with need to increase cultivation yield is expected to benefit the demand for ammonium sulfate in fertilizers. Novel applications such as food additives are expected to witness the highest growth of 2.90% from 2015 to 2022.
• Asia Pacific was the leading regional market with demand share estimated at 39.0% in 2014. Presence of a large agriculture industry in China, India and South East Asian countries is expected to remain a key driving factor for the regional market. The region is also expected to witness the highest growth of 2.57% from 2015 to 2022.
• Central and South America is expected to witness significant growth to account over 17% of the global market by 2022. Ammonium sulfate demand in Brazil is expected to rise over the forecast period and have positive impact on the overall regional market.
• Ammonium sulfate industry is fragmented with presence of large number significant market players across the globe. Some leading companies operating in the global market include DSM, Honeywell and BASF. Other companies include Sumitomo Chemicals, Helm AG, Evonik Industries, Domo Chemicals, AkzoNobel, Lanxess, Rentech and Agrium.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

TPEE Market Will Be Worth USD 1.49 Billion By 2025: Grand View Research, Inc.

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

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

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

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

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

U.S. TPEE market revenue by end-use, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

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

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Hairbrush Market Is Anticipated To Reach $3.69 Billion By 2022: Grand View Research, Inc.

The UK hairbrush market is expected to reach USD 679.2 million by 2022, according to a new study by Grand View Research, Inc.

The hairbrush market is projected to be driven by the increase in population combined with rise in disposable income. The rise in disposable income has allowed people to spend on hair care and hairbrushes, more so than before. The consumer confidence and per capita disposable income will keep on rising as the unemployment rate continues to decline, offering consumers more discretionary income for hair care and hairbrushes.

The hairbrush market is also expected to be driven by the increase in the number of salons. Rise in the number of working women along with continuing interest in personal appearance is expected to increase the demand for salons. Growing demand for anti-aging treatments along with increasing spending on lifestyle needs are some of the factors furthering this trend. Increasing awareness of grooming among men combined with availability of globally trusted product brands are a few other factors leading to the increase in the number of salons.

The presence of a large number of local manufacturers may restrain market growth over the next seven years. A considerable number of consumers are unaware of the benefits of using the right product, and purchase these items through the unorganized sector. This impacts profitability of key manufacturers, since local products are readily available at lower costs.

China hairbrush market by application, 2012 - 2022 (USD Million)

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Further key findings from the report suggest:

• Hairbrushes are available in various designs serving different functions such as cushion, paddle, round, vented, and wet. They are primarily used by individuals and professionals for hair styling. Professional hair brush has high growth but has low penetration. Improvement in macroeconomic condition will lead to increase in number of salons and may also drive salon revenue, which is expected to drive professional brushes demand.
• Regional demographic trends are expected to majorly impact the overall revenue growth. The number of households in china has increased from 160 million in 2002 to 260 million in 2012, and around 70% of these households represent the middle class population. The number of UK manufacturers expanding and entering the Chinese market is growing leading to the rapid economic growth and urbanization. Due to the presence of wide number of products available from other countries is contributing to the increase in the spending power of the population in the country.
• Key players in the hairbrush market include AirMotion Pro, Conair, Braun, Babyliss, Crave Naturals, Denman, Hershesons, Kent, Mason Pearson, Tangle Teezer and Wet Brush. Distribution being a critical component for success, Conair collaborated with Capgemini to be Global Data Synchronization (GDS) complaint. The GDS technology is electronic synchronization of price, product, trading party data, which acts as a common platform for the global supply chain. GDS facilitates collaboration between manufacturers and retailers through the adoption of global trading standards. In March 2014, Denman announced the acquisition of U.S. based Bobby Company to add to its market share in the professional hairdressing sector.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Mining Chemicals Market Is Anticipated To Reach $38.01 Billion By 2024: Grand View Research, Inc.

The global mining chemicals market is expected to reach USD 38.01 billion by 2024, according to a new report by Grand View Research, Inc. Positive mining industry outlook in India, China, Australia, Peru, and Chile is expected to drive the market over the forecast period. The presence of abundant raw materials including rare earth metals in China, Russia, Australia, Thailand, and the U.S. is expected to facilitate exploration activities, thus propelling demand for the product.

Australia has the third largest rare earth metal reserves in the world. In Russia, companies have been investing increasingly in the development of new extraction techniques to recover uranium. These factors are likely to have a positive impact on growth. Decrease in ore quality of zinc, lead, copper, and nickel is expected to promote utilization of sophisticated technologies requiring frothers, flocculants, grinding aids, and solvent extractants.

Europe mining chemicals market revenue, by product, 2013 - 2024 (USD Million)

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Further key findings from the report suggest:

• Grinding aids dominated the global market accounting for over 40.0% of the global market share in 2015. Grinding aids help in improvement of the extraction process and requires low maintenance. In addition, utilization of grinding aids for the mining process reduces pollution and other harmful effects on the environment. Increasing concerns regarding the cost of grinding the minerals are expected to propel utilization of grinding aids over the forecast period.
• Explosives & Drilling application dominated the market in 2015 and is projected to be the fastest growing segment owing to rapid depletion of shallow surface reserves which has led to the requirement of deep surface mining activities. Moreover, mining chemicals are also utilized for the efficient breaking of rocks during mining, thereby reducing cost and saving time during mineral processing.
• Asia Pacific accounted for over 40.0% market share in 2015 and is projected to witness the fastest growth on account of the rapid industrial development and increasing focus on sustainability. Market players have been investing increasingly in the mining industry in the region which is expected to have a positive impact on demand for mining chemicals.
• In June 2013, BASF established its new R&D laboratory in Johannesburg, to develop new mining chemicals and product differentiation. High raw material cost coupled with high logistic cost is expected to restrain entry of new players in the industry. High capital cost is also expected to be a major restraint for the manufacturers. In addition, stringent government regulations to reduce environmental pollution are expected to have an adverse impact on the market players over the next eight years.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Marine Lubricant Market Is Predicted To Grow At A 3.6% CAGR from 2014 to 2020: Grand View Research, Inc

Global marine lubricant market size was 2,428.7 kilo tons in 2013. Growth of the global shipping industry owing to increasing demand for cargo fleets and voyages is anticipated to drive market growth. Collaboration of manufacturers with biotechnology companies and tax incentives offered by numerous governments for development of eco-friendly technologies are expected to open new opportunities for market growth over the forecast period.

Product innovation coupled with manufacturing bio-based substitutes is anticipated to bolster the demand for major industry participants in the near future. Technological innovations have helped in increasing shelf-life of mechanical components, which is anticipated to boost marine lubricants market in the near future.

 Global Marine Lubricants Market Volume by Product, 2012 – 2014

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According to ITS (International Trade Statistics), seaborne trade was the most used mode of trade and accounted for over 90% of the overall global trade in 2013.High purchasing power among consumers in emerging countries such as Brazil, China, and India has led to rise in sea voyages over the past years. Rising number of sea voyages has also been an important factor for the expansion of the shipping industry and subsequently growth of the marine lubricants market. The marine lubricant demand is expected to reach a value of USD 10.94 billion by 2020, grow at a CAGR of 3.6% from 2014 to 2020.

Mineral oil accounted for 88% of the overall market demand in 2013. Easy availability and low-cost of mineral oils coupled with increasing expenditure for R&D are likely to be major driving factors for market growth in the coming years. Mineral oil is expected to witness significant gains at a CAGR of 3.6% from 2014 to 2020.

Hydraulic oil is projected to grow at a CAGR of 3.4% from 2014 to 2020. Increasing application of hydraulic shipping parts is anticipated to drive demand over the projected period. Marine lubricant was widely used as engine oil accounting for 46.3% of the overall volume in 2013. Increasing engine efficiency and capacity is anticipated to drive the demand for engine oils in the near future.

Europe was the leading market accounting for 46.2% of total market demand in 2013. European marine lubricants market is driven by increasing investment for marine lubricants along with growing seaborne trade. Asia Pacific is anticipated to witness significant gains over the forecasted period. Growing shipping industry along with favorable governmental support in terms of freight tax relaxation and supportive emission standard, particularly in China and India is expected to propel the marine lubricants market demand in the region.

Key market participants include BP Marine, ExxonMobil, Chevron, Total Lubricants, Castrol, Sinopec Corporation, and Royal Dutch Shell. Being a moderately consolidated market coupled with capital intensive nature, the entry barrier for new players is very high. Some other companies operating in the industry include GulfMarine, Mars Petrochem Pvt. Ltd., Industrial supplies, and Pentagon Lubricants Private Limited. The market has witnessed a series of mergers & acquisition and joint ventures over the past few years.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Corrosion Resistant Resin Market Is Predicted To Reach USD 11.50 Billion By 2025: By Grand View Research, Inc.

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

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

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

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

China corrosion resistant resin market by end-use, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

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

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Mining Lubricants Market Is Projected To Grow At A CAGR 4.6% CAGR from 2014 to 2025: Grand View Research, Inc.

The global mining lubricants market is expected to attain USD 3.09 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 4.6% over the forecast period, owing to rising demand for mining lubricants as it helps in reducing the downtime due to frequent oil changes, maintenance and components failures as well as economizing high cost of equipmentwill propel industry expansion over the forecast period.

Growth of drilling and exploration activities on a global level, as well as increased demand for mining equipment has a direct and positive impact on mining lubricants demand. In addition, Stringent regulations imposed by government bodies towards environment protection are anticipated to augment the demand for bio-based lubricants.

Automatic lubrication systems provide an exact amount of lubricants including oil or grease to moving parts such as bearings to reduce friction and wear. The market for automatic lubrication systems is anticipated to fuel the demand for mining lubricants as the companies are taking various initiatives to increase their presence in the market owning to better labelling and appropriate specifications of their synthetic lubricants.

Iron ore mining accounted for 23.5% of the overall share in 2016 and is likely to witness substantial growth as a result of increased demand for steel in developing nations mainly China and India as well as dependence on steel for construction and transportation purposes.

U.S. mining lubricants market volume by product, 2014 - 2025 (Kilo tons)

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Further key findings from the report suggest:

• Mineral oil lubricant is likely to witness significant rise at a CAGR of 3.8% from 2017 to 2025 as a result of their hydrophilic properties and solvency. Moreover, these lubricants are obtained from the distillation of crude, which are quick to dispose and reuse on account of an existing infrastructure in place.
• Asia Pacific was the dominant market and accounted for 43.54% of the overall share in 2016. Iron is the most widely used refractory metals, its demand in developing nations like India and China is fueling the demand for iron ore mining, which in turn is anticipated to augment the demand for the product in Asia Pacific.
• Countries including Germany and japan are switching to coal consumption on account of phasing out of nuclear power in Germany while the occurrence of Fukushima accident in Japan, thus driving the demand for product over the forecast period.
• Key participants dominating the industry includes Shell PLC., British Petroleum., ExxonMobil Corp., Sinopec, Lukoil, Chevron Corp., Schaeffer Manufacturing Company, Fuchs Petrolub SE, Kluber Lubrication, and Quaker Chemical Corporation.
• Product differentiation along with threat of forward integration by manufacturers to distribute mining lubricants and to capture market share is anticipated to result in high industry rivalry in the product’s market over the forecast period. In addition, possible entry of new players is further expected to intensify rivalry in the industry.
• In January 2014, Idemitsu began sale of lubricant products in Vietnam, following completion of its lubricant blending plant in December 2013.
• In January 2015, Whitmore Manufacturing Company partnered with Gulf Oil Lubricants India Limited, which will exclusively launch Whitmore Lubricants in Indian Market. This move will widen the product offering to the sectors including mining, minerals and metals, construction, power and cement for both the companies.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Metal Foil Tapes Market Is Projected To Grow At A CAGR 6.3% CAGR from 2014 to 2025: Grand View Research, Inc.

The global metal foil tapes market is expected to reach USD 3.51 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from building & construction industry has been a key factor driving market growth, globally. In addition, robust growth in various end-use industries such as automotive & transportation, electronics, consumer goods & appliances, defense and aerospace is also fueling the demand.

Building & construction segment held the largest market share owing to its wide-scale usage in heating, ventilation and air conditioning (HVAC) for various purposes. In addition, rapid increase in infrastructural activities all over the globe is further driving the segment growth. Rising demand for metal foil tapes is anticipated to spur at a faster pace on account of rising need for environmental protection of assemblies and surfaces from extreme chemical and temperature conditions.

Aluminum foil tapes accounted as the largest metal type segment in 2016 and is anticipated to grow significantly over the coming years. It is extensively used on account of its superior performance in hot and cold environmental conditions. In electronics industry, metal foil tapes are extensively used to coat electrical cables as foil tape is polymer coated. Its resistance to weather shields communication cables from the environment is further supporting to increase the demand for metal foil tapes over the forecast period. Aluminum foil tapes are widely used in circuit boards, wrapping insulation cables and other temperature sensitive electronic materials.

U.S. metal foil tapes market revenue by end-use, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• The global metal foil tapes demand was USD 2,042.2 million in 2016 and is expected to grow at a CAGR of 6.3% from 2017 to 2025. Building & construction emerged as the largest end-use segment in 2016 and is estimated to generate revenue worth USD 1,163.7 million by 2025.
• Global demand for copper foil tapes was USD 333.7 million in 2016 and is anticipated to witness staggered growth over the next eight years. The U.S. market in defense & aerospace segment was USD 35.6 million in 2016 and is projected to grow at rate of 6.8% from 2017 to 2025
• The industry in Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the building & construction market. In terms of revenue, the APAC market is expected to grow at a CAGR of 7.1% between 2017 and 2025
• Key players including The 3M Company, Saint-Gobain S.A., Scapa Group Plc, Hitachi Maxell, Ltd., Shurtape Technologies, LLC and Nitto Denko Corporation dominated the global market while acquiring for over half of the total revenue in 2016

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Gas Chromatography Market Size Will Grow At 6.4% CAGR from 2014 to 2025: Grand View Research, Inc.

The global gas chromatography market is anticipated to reach USD 4.3 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 6.4% over the forecast period, owing to increasing government investments in chromatography technologies coupled with rising collaborations between chromatography manufacturers and research laboratories. 

Government in some parts of the world are investing in the chromatography techniques. For instance, Government of Canada has invested into business innovation initiative that is likely to help southern Ontario companies such as Natrix Separations, Inc. for developing new ideas and take their innovations to market. This funding is expected to assist the company in designing a prototype and developing single-use membrane-based chromatography products for large-scale biopharmaceutical manufacturing.

Rising collaborations between chromatography manufacturers and research laboratories are gaining pace in order to develop, evaluate, and validate new methods. For instance, PerkinElmer, Inc., has collaborated with Waters, to get practical and sustainable scientific innovations in order to optimize laboratory operations and to meet regulatory compliance.

The research activities include application areas, such as food and natural product analysis, pharmaceutical analysis, chemistry, petrochemistry, polymer analysis, and environmental analysis. Additionally, Hichrom Limited, a UK-based company collaborated with the chromatographic instrument and column manufacturers, and academic institutes or groups, to provide method development support, chromatographic methodologies troubleshooting, and others.

U.S. gas chromatography market, by product, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• The accessories & consumables segment held lucrative market share in 2016 and is expected to grow at a significant rate over the forecast period owing to growing demand for GC accessories as they have limited durability and repetitive use
• The healthcare segment is expected to be the fastest growing segment over the forecast period due to increasing applications of gas chromatography for biopharmaceutical industries such as analysis of volatile and semi-volatile compounds, and identification of amount of chemicals in drugs
• North America is expected to dominate the gas chromatography market over the forecast period due to increasing Canadian government investment in the gas chromatography market coupled with growing pharmaceutical & biotechnology industries
• Some of the key players in gas chromatography market are GE Healthcare; Shimadzu Corporation; Thermo Fisher Scientific, Inc.; Agilent Technologies; W. R. Grace & Co.-Conn.; Bio-Rad Laboratories, Inc.; Restek Corporation; PerkinElmer, Inc.; Danaher Corporation; and DANI Instruments S.p.A.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Resorcinol Market Is Projected To Grow Quickly Due To The Rising Demand For UV Absorbers Across The Globe Till 2025: Grand View Research, Inc.

The global resorcinol market is expected to reach USD 580.3 million by 2025, according to a new report by Grand View Research, Inc. Strong demand from sectors such as construction and automobiles and the development of novel products is expected to benefit the market demand. 

Regarding application, rubber products dominated the segment and at an anticipated CAGR of 2.8% from 2017 to 2025. Resorcinol is widely used in the tire manufacturing and as an adhesive. The chemical provides excellent adhesive properties and can be used to bind synthetic as well as metal materials. These advantages coupled with the growth of the automotive industry is expected to favor market growth over the next eight years.

Resorcinol, as well as its derivatives, have the ability to form organic compounds that possess a UV absorbing functional group. This property makes resorcinol based derivatives to be used as UV absorbers in a wide variety of application such as coatings, and paints. The rising demand for UV absorbers across the globe is expected to benefit the overall demand over the forecast period.

The chemical is used to manufacture pharmaceutical products, flame retardants, fungicidal creams & lotions, and agriculture chemicals. The broad application portfolio has benefitted the chemical demand in the recent past, and this scenario is expected to continue over the next eight years.

Major industry participants have adopted optimized manufacturing processes and dedicated refining processes to provide high-quality resorcinol. Also, companies provide different grades of the product to suit the application needs of the customers. Companies are trying to optimize their production processes to obtain a high grade of the product.

U.S. resorcinol market revenue by application, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• The global resorcinol demand was 59.0 kilo tons in 2016 and is expected to grow at a CAGR of 2.9% over the next eight years
• Rubber products was the largest application segment in 2016 and is expected to be worth USD 296.4 million by 2025
• Wood adhesive application segment is anticipated to grow at a forecasted CAGR of 3.0% from 2017 to 2025
• Resorcinol-formaldehyde resins are used to wood binding applications to address issues such as room temperature cure, and structural integrity. The usage of the resin also imparts waterproof characteristics to the applied wood surface
• Industry participants include Dynea, Sumitomo Chemical, Atul Ltd, Sigma-Aldrich, AminoChem among others.

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Moisture Curing Adhesives Market Is Anticipated To Reach $7.21 Billion By 2025: Grand View Research, Inc.

The global moisture curing adhesive market is expected to reach USD 7.21 billion by 2025, according to a new report by Grand View Research, Inc. Utilization of automotive product has been a major driving factor for market growth. Consumption of moisture curing adhesive services has increased owing to the growing need for protection of products from moisture.

Moisture curing adhesive services have various uses in in construction, housing, electrical & electronics, and industrial sectors. It is also utilized in printing & coating, decorative, furnishing, flooring, automotive, transportation, packaging, coating on woods, metals, plastics, paper, corks, industrial inks, and heavy machinery.

Automotive application segment is projected to have the highest growth rate over the forecast period. The segment is expected to grow with an estimated CAGR of 7.0% over the next eight years. Vehicle manufacturing companies depend on adhesive innovation as a settled part of their production line. In every vehicle, normally 15 kg of different moisture curing adhesives are utilized to mount and assemble an immense collection of parts. These factors are expected to propel the automotive application segment growth over the next eight years.

U.S. moisture curing adhesive market revenue by chemistry, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• The global moisture curing adhesive demand in terms of volume was USD 485.5 million in 2016 and is expected to grow at a CAGR of 5.2% from 2017 to 2025
• Polyurethane emerged as the largest chemistry segment in 2016 and is estimated to generate revenue over USD 2.78 billion by 2025
• Cyanoacrylate is anticipated to be the fastest growing service segment over the next eight years and is estimated to grow at a CAGR of 6.9%
• Global moisture curing adhesive demand in construction application was USD 1.02 billion in 2016 and is anticipated to witness steady growth over the next eight years
• The U.S. automotive moisture curing adhesive market in applications category was worth USD 0.82 billion and is estimated to reach USD 1.40 billion by 2025
• The Asia Pacific region is anticipated to witness high growth at a CAGR of 7.1% by 2025. Developing economies in the region, including India and China, have been experiencing strong economic growth, which is expected to drive automotive and construction market over the next eight years
• Key players of the industry include H.B. Fuller, 3M, The DOW chemical company, Henkel AG & Co. KGaA, and Bostik SA. These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share

About Grand View Research, Inc:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com