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