3D Printing Filament Market Size Worth $1.9 Billion By 2027

The global 3D printing filament market size is anticipated to reach USD 1.9 billion by 2027, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 18.8% from 2020 to 2027. Increasing enhancements for aerospace and defense components, parts, and prototype models are expected to drive the demand for 3D printing filament in the estimated time. Moreover, the rising demand for durable and light weighted automotive body parts such as car’s front splitters, front and rear bumper panels, is likely to support the market growth in the estimated time.

The adoption of 3D printing for the producing of high-performance components in aerospace and defense aircraft that are subjected to high-pressure and temperature is the major factor driving the market growth. In addition, low-volume parts and low processing costs in aerospace industry is expected to have a positive impact on the market. Furthermore, new design possibilities coupled with the application of robotics to produce end-arm tools are likely to influence the market in the projected years.

Technological advancement in the automotive industries involves body parts designs such as front-and rear bumpers, interiors, and tooling designs. The 3D printers aid the overall vehicular manufacturing resulting in the most advantageous and time-saving process in the automotive industry. Parts commonly printed in the automobile industry include cradles, fixtures, and front and rear bumper parts, which exhibit strong and durable properties. Plastics 3D printing filament is widely used owing to its low processing cost and ease of manufacturing.

Prominent players in the market are focusing to improve the lead-time in prototyping during the manufacturing process. Several applications of 3D printing filament include construction, medicine, and prototyping and manufacturing.

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3D Printing Filament Market Report Highlights

• The plastics segment is expected to witness a CAGR of 19.0% over the forecast period on account of its light-weighted and cost-effective applications in various industries such as automotive, aerospace and defense, and medical
• In 2019, Polylactic Acid (PLA) segment dominated the market with a revenue share of 39.7% and are likely to grow at a significant rate in the estimated duration. Manufactured from renewable raw-materials such as corn starch is likely to increase its utilization due to its biodegradable nature
• The aerospace and defense application segment was valued at USD 125.2 million in 2019 and is anticipated to gain higher revenue share in the upcoming period on account of the rising demand for precision parts and components in aircraft
• In Asia Pacific, the market is expected to accelerate at a significant rate in the estimated time on account of increasing industrial manufacturing by China, India, Japan, and South Korea. For instance, the government of China in 2017 issued an ‘additive manufacturing industry development action plan’ forming a strategic road map for the adoption of 3D filament printing in the nation
• Technical expertise and research and development for strong and durable components offered by the players are expected to influence the market

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

Electrical & Electronics Adhesive Market Worth $6.7 Billion By 2025

The global electrical & electronics adhesives market size is expected to reach USD 6.7 billion by 2025, exhibiting a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for electronic devices and appliances supported by increasing middle-class income levels is driving the demand for the adhesives.

The demand for devices and equipment with high reliability and functionality is increasing owing to the advancement in IoT and the growth of smartphone and automotive sectors. These electronic devices account for a huge demand for adhesive products owing to the expansion of automotive, consumer appliances, medical, and aerospace industries.

The industry faces various challenges due to the improvements and advancements in technology. Shorter leads can damage temperature-sensitive components in different applications. To reduce such problems these components must be assembled after soldering. However, this hampers productivity due to higher cost and time required to be invested in manufacturing process.

Stringent regulations on volatile organic compounds (VOCs) are expected to hamper the market growth over the coming years. The manufacturing process of electrical & electronics adhesives releases VOC emissions that may pose health and environmental concerns. VOCs are the major contributors to smog and ozone formation at low atmospheric level. They react with nitrogen oxide in presence of sunlight (photochemical reaction).

Smog pollution reduces visibility under certain climatic conditions. Regulating the emission of VOCs helps lighten ozone and smog pollution problems. Key market players are investing heavily in manufacturing products that use bio-based feedstock. This is anticipated to drive the demand for new materials and resins used in manufacturing the adhesives.

Asia Pacific is a leading producer and consumer of adhesive products, with China being the key country driving the market growth. Countries such as India and Japan are observing increased production output. The Government of India has issued a National Policy of Electronics to boost the growth of electrical & electronics sector. As per the policy, the sector is expected to be valued at around USD 400 billion by 2025.

Broadband wireless connectivity in vehicles has gained popularity in various parts of the world. Various services such as GPS, infotainment, traffic & weather information, and others are increasingly being used in vehicles. Competitive pressure along with rising consumer demand has forced automakers to integrate these technologies into vehicles. This is anticipated to create a positive impact on the growth of the market for electrical & electronics adhesive.

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Further key findings from the report suggest:

• In terms of revenue, thermal conductive segment was valued at USD 1.3 billion in 2018. Increasing need to tackle heat-related challenges in electrical & electronics devices is propelling the demand for adhesives
• In terms of volume, electrically conductive segment is projected to advance at a CAGR of 6.2% over the forecast period. Growing demand for consumer electronics and medical devices is anticipated to create a positive impact on industry growth
• In terms of volume, potting & encapsulation application segment accounted for 20.4% of the total market share in 2018. The development of new and environment-friendly materials is anticipated to remain a key focus area for the players
• Asia Pacific held the largest market share in 2018 and is expected to maintain its position during the next seven years. Increasing production output of electrical & electronics in India, China, and Japan is the key driver for the regional market
• North America is projected to advance at a CAGR of 6.1% from 2019 to 2025, in terms of revenue, on account of demand from production of vehicles
• Electrical & electronics adhesive market participants are looking for mergers & acquisitions and expansion of production capacities. For instance, Chemence, Inc., a U.S.-based company, acquired electronics adhesive business of Supreme Resources in 2018. Some of the key market vendors include H.B. Fuller, 3M, Dow, and Bostik S.A. among others.

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 info visit @ https://www.grandviewresearch.com

Skin Packaging Market Size Leading Players, Segments Analysis And Growth Drivers By 2025

The global skin packaging market size is expected to reach USD 13.38 Billion by 2025, registering a 5.8% CAGR over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for cost-effective packaging solutions coupled with increasing focus on reducing the volume of packaging material required is expected to benefit the market growth.

Factors including rapid urbanization, changing lifestyles, and growing disposable incomes are likely to propel the demand for packaged goods, which is in turn likely to have a positive impact on the market growth. In addition, the increasing demand for innovative packaging solutions that ensure minimum product wastage is anticipated to boost the market growth.

Skin packaging offers several benefits such as increased shelf life of several food products, which helps minimize food wastage. In addition, it contours to the shape of the product without deforming it. The transparent and glossy film assists in attractive product presentation, thereby showcasing the product. Furthermore, the use of protective packaging fillers is reduced, thus making it an economical packaging option.

Plastic is the most commonly used material for skin packaging. Fluctuations in the prices of various plastic materials is further likely to impact the market growth. In addition, stringent regulations pertaining to plastic waste is expected to hamper the market growth over the forecast period. Thus, key players operating in the market are focusing on manufacturing products from sustainable materials such as bioplastics.

The skin packaging market is expected to be largely driven by the increasing demand for meat and poultry products especially in the developing countries in the Asia Pacific and Central & South America region. In addition, factors including affordability coupled with the growing middle-class population in these regions is further likely to strengthen the meat & poultry demand, which is in turn, likely to benefit the market growth.

For more info visit here: https://www.grandviewresearch.com/industry-analysis/skin-packaging-market

Further key findings from the report suggest:

• The global market is anticipated to reach USD 13.38 billion by 2025, growing at an estimated CAGR of 5.8% over the forecast period, on account of several factors including increasing demand for packaged food products and rising demand for packaging solutions that ensure improved shelf life.
• The plastics material segment accounted for the largest revenue share in the year 2018. Plastic types commonly used for skin packaging include polyethylene, ionomer, polyvinyl chloride, and PET, among others.
• The food application segment is anticipated to grow at a CAGR of 6.5% from 2019 to 2025 owing to the increasing consumption of various food products such as meat, poultry, and seafood, among others.
• Asia-Pacific skin packaging market is slated to grow at a CAGR of 6.2% from 2019 to 2025 on account of several factors including increased spending power of the consumers, growing demand for convenient packaging, and rapid growth of the manufacturing sector in the region
• Growing consumer demand for high protein intake in North America is expected to propel the meat demand in the region, which is further anticipated to benefit the regional market growth.
• Mergers & acquisitions, product innovations, and business expansions are among the major strategies adopted by key market participants to reinforce their competitive positions in the market.
• For instance, in February 2019, Sealed Air acquired the flexible packaging business of MGM, a Philippines based company that offers flexible packaging materials for the consumer packaged goods sector, particularly in the Southeast Asia region.

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 info visit @ https://www.grandviewresearch.com

High Temperature 3D Printing Plastics Market Worth $833.43 Million By 2025

The global high temperature 3D printing plastics market size is projected to reach USD 833.43 million by 2025, expanding at a CAGR of 13.0% over the forecast period, according to a new study report by Grand View Research, Inc. The market is anticipated to be driven by rising aerospace industry.

High temperature 3D printing plastics are primarily used in prototyping and concept modeling. The demand for aircraft and defense equipment is expected to witness significant growth across the globe. Factors, such as resurgence of global security threats and growth in the defense budget of key nations are expected to drive growth of the aerospace industry. In addition, relatively stable growth in the Gross Domestic Product (GDP) in developing economies, such as China and India is contributing to an increase in passenger travel, which, in turn, is expected to trigger the demand for commercial aircraft across the globe, thereby creating significant demand for high-temperature 3D printing plastics.

Polyetherketoneketone (PEKK) type segment is anticipated to grow at the fastest CAGR over the forecast period. PEKK offers higher thermal resistance compared to most of its counterparts, a glass transition and a melting temperature of 180°C and 300°C, respectively thus, paving its way for use in high temperature 3D printing solutions for various applications such as healthcare and automotive among others. In addition, PEKK provides high resistance to fluids, inherent flame retardancy, compressive strength, wear and radiation resistance, and creep resistance, which is anticipated to fuel its growth over the forecast period.

Healthcare end use segment is projected to witness significant growth in the next seven year. Key applications of high temperature 3D printing plastics in healthcare segment include prototyping, custom orthodontic implants, prosthetics, medical instruments, training models, and others. The products also find application in anatomical models in the healthcare industry, electronics encasements, for complex components in single-use and reusable medical devices, teaching or diagnostic aids, conceptual modeling of medical devices, casts and splints, and patient-specific cutting guides for surgery.

For more info visit here: https://www.grandviewresearch.com/industry-analysis/high-temperature-3d-printing-plastics-market

Further key findings from the report suggest:

• PEKK type segment is potentially fueling the market growth owing to rising demand for PEKK in various end-use industries
• Europe is anticipated to witness the fastest CAGR over the forecast period
• Asia Pacific held the largest market share in 2018 and is expected to continue its dominance during the forecast period. China is the fastest growing country in the region, on account of the growing construction industry
• Key market players engage in various strategic initiatives to boost their market share. For instance, in November 2018, 3D4Makers introduced Facilan high temperature, a 3D printing filament in collaboration with ElogioAM B.V. It is a polyester with high temperature resistance that becomes flexible above 89°C. This material is designed to be used with conventional FDM 3D printers. This filament enables end users to produce durable parts using Fused Deposition Modeling (FDM) additive manufacturing process

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 info visit @ https://www.grandviewresearch.com

Surfactant Market Size, Share, Latest Trends, Industry Growth And Demand

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.

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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.

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 info visit @ https://www.grandviewresearch.com

Ceramide Market Size Worth $360.4 Million By 2022

The global ceramide market is expected to reach USD 360.4 million by 2022, according to a new report by Grand View Research, Inc. Increasing demand for anti aging and environmental protection skin care products are expected to drive the overall industry growth. Social factors such as changing lifestyle coupled with increasing geriatric population base particularly in Japan, U.S. and parts of Europe has created novel demand for ceramide based products in the recent past and this trend is expected to continue over the next seven years. 

Expanding application base in food and pharmaceutical industries is also expected to have a positive influence on the market growth. Key personal care product manufacturers such as Elizabeth Arden Inc, Pur minerals, Kao Group, Etvos, L’Oreal, Avon Products Inc., Oriflame, Revlon Inc., Beiersdorf and Paula’s Choice are widely using ceramides for innovative skin and hair care solutions. 

For more info visit here: https://www.grandviewresearch.com/industry-analysis/ceramide-market

Further key findings from the report suggest:

• Global ceramide market was estimated at USD 239.2 million in 2014 and is expected to reach USD 360.4 million by 2022, growing at a CAGR of 5.4% from 2015 to 2022.
• Cosmetics were the leading application segment and accounted for over 65% of total market revenue in 2014. Ceramide is used in wide range of cosmetic products including hair treatment, skin care and makeup products. Growth of personal care industry particularly in Asia Pacific is expected to drive this segment over the forecast period.
• Food is expected to witness the highest growth of 5.5% over the forecast period on account of changing consumer lifestyle coupled with growing demand for organic products. Ceramides are currently used in food additives and supplements. Nutraceutical manufacturers are expected to expand ceramide based food supplements product line over the forecast period.
• Asia Pacific was the leading regional market with demand share exceeding 35% in 2014. Growth of personal care industry in India and China coupled with increasing geriatric population in Japan and South Korea is expected to drive the regional growth over the forecast period. Asia Pacific is also expected to witness the highest growth of 6.2% from 2015 to 2022.
• Global ceramide industry is consolidated in nature and is dominated by top multinational corporations which have presence across the value chain. Key companies operating in the global market include Evonik, Macrocare Tech Ltd., Cayman Chemical, Doosan Corporation, Anderson Global Group LLC, Xi’an Aladdin Biological Technology, Bo-Kwang Chemical Co. Ltd, Unitika, Pioneer Biotech, Incospharm Corporation, Wuhan Saiguang, Ashland Inc., Kao Group and Sederma.

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 info visit @ https://www.grandviewresearch.com

Offshore Lubricants Market Size Worth $428.8 Million By 2022

The global offshore lubricants market is expected to reach USD 428.8 million by 2022, according to a new report by Grand View Research, Inc. Increasing deep sea exploration is expected to remain a key driving factor for global offshore lubricants market. Stringent regulations regarding threat to aquatic life on account of unregulated disposal of marine lubricants coupled with volatile petrochemicals pricing have led industry participants to develop bio-based alternatives. This trend is crucial in determining company’s product portfolio, thereby a vital determinant for market competition. 

Engine oil was the leading application segment with demand share exceeding 70% in 2014. Increasing maritime traffic coupled with rising requirement for offshore vessels is expected to drive this segment over the forecast period. Grease is expected to witness the highest growth of 3.3% from 2015 to 2022. 

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Further key findings from the report suggest:

• Global offshore lubricants market demand was 98.8 kilo tons in 2014 and is expected to grow at a CAGR of 2.7% from 2015 to 2022.
• Offshore support vessels (OSVs) were the leading end-users for offshore lubricants and accounted for 57.0% of total market volume in 2014. Increasing deepwater exploration, OSVs along with other offshore support systems is expected to drive lubricants demand in OSVs. FPSOs are expected to witness significant gain in its market size on account of their increasing adoption for deepwater exploration and production.
• Asia Pacific was the largest consumer and accounted for over 27% of total market volume in 2014. The region is characterized by increasing offshore projects in Arabian Sea and South China Sea. Economic growth in Asia Pacific facilitated for greater maritime trade thereby increasing sea traffic.
• Increasing offshore oil & gas production along Gulf of Mexico is expected to drive North America growth. The region is bound by U.S. EPA regulations regarding marine lubricants usage. EPA has established VGP (vessel general permit) guidelines for lubricants used in vessels operating within the U.S. maritime boundary.
• Top four companies including ExxonMobil Corp., Chevron, Royal Dutch Shell and Castrol, accounted for over 45% of global offshore lubricants market in 2014. The industry is characterized by high degree of competition by integrated multinational companies. Major oil & gas companies have presence across the value chain, thereby intensifying competition. 

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 info visit @ https://www.grandviewresearch.com

Compressor Oil Market Size, Share, Latest Trends, Industry Growth And Demand

The global compressor oil market size is estimated to reach USD 5.59 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.1% during the forecast period. Growing industrial sector in the Middle East and Asia Pacific is anticipated to drive the demand for compressor oils over the forecast period.

Manufacturers have to comply with regulations and guidelines regarding disposal of industrial compressor oils. Surging demand for bio-based products owing to rising environmental concerns are projected to play a vital role in market expansion. However, high costs associated with production of bio-based product type are poised to remain a key challenge for market participants.

Bio-based compressor oils have significantly shown an increase in terms of market share. Croda International Plc aims at competing with major synthetic lubricant manufacturers by introducing bio-based lubricants. In 2014, the U.S Department of Agriculture approved four Bio-based lubricants of Croda. The bio content in each of the products varies from 70.0% to 90.0%.

Compressor oils are largely used for industrial applications and companies follow the franchise model for establishing good distribution and sales network. These manufacturing companies are realizing the need to concentrate on core competencies by either outsourcing their retail distribution or establishing a subsidiary company.

Compressor oils are capable of performing several functions owing to their anti-wear performance, copper corrosion resistance, foam resistance, rust protection, hydrolytic stability, and oxidation stability properties. In order to achieve a particular performance parameter, compressor oil manufacturers have to invest heavily for experimentation and testing of performance of a particular chemical composition and thus, need to invest heavily in R&D activities.

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Further key findings from the report suggest:

• Synthetic base oil dominated the global compressor oil market with a revenue share of over 43.0% in 2017. Synthetic oils are preferred for compressors owing to their molecular makeup
• Asia Pacific is likely to observe a remarkable CAGR of 4.9% in terms of volume during the forecast period, on account of abundant availability of raw materials and high rate of industrialization in the region
• Large industrial base is expected to augment the market in North America
• Some of the key participants present in the market are Royal Dutch Shell; ExxonMobil; Lukoil; Total S.A; Chevron Corporation; British Petroleum; The Dow Chemical; BASF; Sinopec Limited; Sasol Limited; Fuchs Petrolub; and Croda International

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 info visit @ https://www.grandviewresearch.com

Mixed Tocopherols Market Worth $11.94 Billion By 2025

The global mixed tocopherols market size is expected to reach USD 11.94billion by 2025, according to a new report by Grand View Research, Inc. Rising vitamin E demand in food and dietary supplements owing to rising health concerns is expected to play a significant role in promoting the industry growth over the next few years. The global market is anticipated to observe sluggish growth at a CAGR of 2.4% from 2017 to 2025.

Alpha rich tocopherols was the leading product segment and it is anticipated to grow at a CAGR of 2.3%, by revenue, over the forecast period. The segment is expected to gain share over the forecast period owing to high demand in dietary supplements. Health benefits associated with vitamin E to treat deficiency and diseases such as lung, oral, colorectal, and pancreatic cancer; polyps, and gastric are also anticipated to drive the market in pharmaceuticals over the forecast period.

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Further key findings from the report suggest:

• The global mixed tocopherols demand was 117.8 kilo tons in 2016 and is estimated to grow at a CAGR of 3.6% from 2017 to 2025
• Mixed tocopherols demand in dietary supplements was 50.9 kilo tons in 2016 and is anticipated to witness moderate growth over the next eight years
• Product demand in animal feed nutrition is anticipated to emerge as the fastest-growing application segment, and generate revenues worth over USD 2 billion by 2025
• Mixed tocopherols industry valuation in North America is projected to reach USD 3.60 billion by 2025 and is estimated to grow as a significant rate from 2017 to 2025
• The U.S. gamma rich tocopherols demand is anticipated to emerge as the fastest-growing market in North America and is expected to reach a total volume of over 5.6 kilo tons by 2025
• The industry in Europe is projected to witness moderate growth of 2.9% from 2017 to 2025 owing to the increased use of mixed tocopherols as antioxidants and feed additives
• Asia Pacific was the dominant consumer in 2016. The high rate of dietary supplements, animal feed, and pharmaceutical manufacturing in key economies including China, Japan, and India is the major factor for industry penetration.
• Key industry participants such as BASF, DSM, ADM, and Cargill dominated the global mixed tocopherol market over the next few years. The major players operating in the market comprise, BTSA, Vitae Naturals, Zhejiang Medicine Co., Ltd. (ZMC), COFCO Tech Bioengineering Co., Ltd., Eisai Food & Chemical Co., Ltd., and Vance Group Ltd.

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 info visit @ https://www.grandviewresearch.com

Digestive Health Products Market Size Worth $57.54 Billion By 2025

The global digestive health products market size is projected to reach USD 57.54 billion by 2025 registering a CAGR of 7.3%, according to a new report by Grand View Research, Inc. Increasing demand for nutritional and fortifying food additives is one of the key factors driving market growth. Rising inclination of consumers toward digestive food products due to their health benefits is also expected to boost the market growth over the forecast period. Furthermore, growing geriatric population, increasing healthcare costs, changing lifestyles, and innovation in food formulations have aided the overall market development. Digestive ingredients, such as probiotics, are widely used in food products to reduce the risk of Cardiovascular Diseases (CVDs) and improve the quality of intestinal microflora.

This trend is expected to fuel the demand for digestive health products over the next few years. These products help improve the overall health by strengthening immune system and by improving the condition of the gut, digestive system, and nutritional value. Rising awareness regarding these health benefits will propel the overall market. North America market is characterized by the presence of major industry participants who majorly focus on R&D activities. In addition, companies are setting up manufacturing facilities in regions, such as Asia Pacific, to increase their regional footprint and capture the emerging opportunities in the market.

For more info visit here: https://www.grandviewresearch.com/industry-analysis/digestive-health-products-market

Further key findings from the study suggest:

• In terms of revenue, the food enzymes ingredient type anticipated to reach USD 3.08 billion by 2025 at a CAGR of 8.4% from 2018 to 2025
• In terms of revenue, the dairy products segment is expected to witness a steady growth over the forecast period due to rising awareness regarding healthy food and importance of regular consumption of digestive foods
• The supplements segment is anticipated to reach at USD 7.08 billion by 2025, owing to increasing demand for food and nutritional supplements in developing countries
• Key companies in the digestive health products market are Chr. Hansen Holding A/S; Cargill, Inc.; Nestle S.A.; Danone A.S.; Arla Foods, Inc.; Yakult Honsha Co.; Mondelēz International, Inc.; PepsiCo, Inc.; General Mills; Deerland Enzymes, Inc; AST Enzymes

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 info visit @ https://www.grandviewresearch.com

Platinum Market Size Worth $9.6 Billion By 2027

The global platinum market size is estimated to reach USD 9.6 billion by 2027 registering a CAGR of 5.0%, according to a new report by Grand View Research, Inc. Rising product demand for investment related prospect is expected to fuel the market growth over the forecast period. The key reason behind this paradigm is the falling prices of the commodity amid the COVID-19 pandemic. The low prices of the product are likely to offer numerous opportunities for the consumers to buy the platinum related stocks and once the global pandemic situation normalizes, the prices are likely to increase due to the steady demand from industrial sector.

Thereby, providing huge margins for the investors in the industry. Another key prospect for the market growth is the global automotive industry. Automotive manufacturers use platinum as a critical raw material for catalytic conversion. Although, the automotive industry is likely to observe slow growth, in terms of production, due to the global pandemic situation it is likely to rebound with consumption of commodity in the manufacturing of heavy duty vehicles.

In 2018, the product demand in heavy duty vehicles manufacturing increased by nearly 4% owing to the higher production rate of trucks, particularly in North America region. In addition, implementation of strict regulatory norms in India and China are likely to enhance the rates of catalytic fitments in 2020 to 2021. The industry comprises of multinational vendors as well as few regional vendors. Industry participants are forming joint ventures to enhance their regional presence and cater to rising demand from the industrial sector.

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Platinum Market Report Highlights

• Primary source, that is the mined platinum, is likely to remain the dominant segment over the forecast period. The new mines discovered across the Indian subcontinent are likely to have a positive impact on the segment growth
• However, secondary or recycled source segment is expected to record the fastest CAGR over the forecast period due to strict regulations to enhance the recycling efforts of precious metals, such as platinum
• Automotive is projected to remain the dominant application segment over the forecast period owing to the replacement of palladium from platinum in autocatalysts
• The jewelry application segment is likely to have sluggish growth due to limited product demand as a result of its high costs as compared to other precious metals
• Asia Pacific is projected to be the largest regional market over the forecast period. China and Japan are the major consumers in the region owing to the strong manufacturing base coupled with steady investment prospects

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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 info visit @ https://www.grandviewresearch.com

 

Geofoams Market Insights, New Innovations, Research And Growth Factor till 2027

The global geofoams market size is expected to reach USD 972.6 million by 2027, expanding at a CAGR of 2.7%, according to a new report by Grand View Research, Inc. Factors such as availability of geofoams at low cost coupled with its superior strength and durability are projected to fuel the market growth.

Expansion of the construction industry across the globe coupled with the infrastructural developments in economies such as India, China, Brazil, Mexico, Saudi Arabia, and others is expected to propel the demand for geofoams over the forecast period. In addition, maintenance of the existing infrastructure in developed nations is likely to drive the growth of the market.

Geofoams are increasingly used in the construction industry as it helps in suppressing the noise and vibrations. In addition, it is easy to handle and does not require any special equipment for installation. The product is increasingly used in the railway track systems, below the refrigerated storage buildings, storage tanks, and others to avoid ground freezing.

The geofoams undergo chemical changes when it comes in contact with petroleum solvents. It turns into a glue-type substance, thereby losing its strength. This factor is projected to limit the use of geofoams in the construction industry which is projected to restrict the industry growth over the forecast period.

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Geofoams Market Report Highlights

• The expanded polystyrene geofoams segment accounted for USD 508.2 million in 2019 and is projected to expand at a CAGR of 3.1% from 2020 to 2027. The compatibility of the product has resulted in its increasing adoption for applications including roads and highway construction, building and infrastructure, and others
• The road and highway construction application segment accounted for 38.07% of the total market and is projected to expand at a CAGR of 3.4% from 2020 to 2027 on account of the rising infrastructural growth across the developing economies including China, India, Brazil, UAE, Saudi Arabia, and others
• Asia-Pacific accounted for USD 278.5 million in 2019 and is estimated to expand at a CAGR of 3.2% from 2020 to 2027 owing to the rising demand for road pavement, which is anticipated to further benefit the growth
• China accounted for the highest market share in Asia Pacific on account of the rapidly expanding construction industry in the country
• Europe market is estimated to expand at a CAGR of 2.8% owing to the rising number of construction and infrastructural activities in economies including Spain, Italy, and others

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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 info visit @ https://www.grandviewresearch.com

 

Riflescopes Market Size Worth $10.25 Billion By 2027

The global riflescopes market size is expected to reach USD 10.25 billion by 2027, according to a new report by Grand View Research Inc., expanding at a CAGR of 4.8% from 2020 to 2027. Increasing enhancements in military and defense equipment are expected to drive the demand for riflescopes in the projected time. Moreover, the growing demand for target precision in long-range rifles is likely to support the market growth in the estimated time.

The adoption of modern war equipment in defense systems, including military, navy, and air force, is expected to have a positive impact on market growth. Furthermore, unstable political relations between major economies and the rise in military activities across the globe have increased the consumption of rifles and machine guns, which is likely to influence the market growth in the projected years.

Technological advancements in the scopes for long-range targets and stability in aiming have introduced multi-functional scopes that can be adjusted for long as well as short-range targets. Telescopic sight scopes are widely used owing to their long-range and offered adjustments for long and short distances.

Prominent players in the market are focusing on improving the sight mechanism in the scopes for precision in aiming through rifles and machine guns. Several applications of riflescopes include hunting, armed forces, and shooting sports.

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Riflescopes Market Report Highlights

• By sight type, the telescopic segment is expected to expand at the fastest CAGR over the forecast period on account of its adjustable mechanism for varied range targets and easy to mount structure
• By technology, in 2019, the electro-optic riflescopes dominated the market with a share of 59.8% and are likely to grow at a significant rate in the estimated period. Easy aiming and precision offered by this technology is likely to increase its utilization by armed forces
• In North America, the thermal imaging/infrared scopes segment was valued at USD 570.1 million in 2019 and is anticipated to gain greater shares in the upcoming period on account of the rise in demand for target aiming in different light environments
• Asia Pacific is expected to expand at the fastest CAGR in the estimated time on account of military enhancements by China, India, Japan, and Pakistan. Political disruption in the region is likely to increase military activities across its borders, and thus is expected to influence the market growth
• Prominent players in the market are collaborating with rifle manufacturers to keep intact the outflow of the production. Moreover, technical specifications by defense organizations and custom options offered by the players are expected to influence market growth.

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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 info visit @ https://www.grandviewresearch.com