Food Thickeners Market Is Projected To Grow Rapidly Due To Increasing Disposable Income & Changing Lifestyle Till 2025: Grand View Research, Inc.

 

The global food thickeners market is expected to reach USD 18.9 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for flavored beverages and carbonated drinks is expected to propel growth over the forecast period.

Major players in the industry are the global conglomerates with high production volume and wide regional presence. CP Kelco, DuPont, and ADM are some of the key players involved in manufacturing food thickeners. These companies compete on the basis of price and product quality, thereby triggering competitive rivalry.

Starch and its derivatives are widely preferred owing to their low cost, wide availability, and high-shelf life properties. Hydrocolloids such as pectin and various types of gums are used as thickeners owing to their gelling, thickening, and superior stability properties. However, the high cost of hydrocolloids is expected to hamper their growth.

Manufacturers in the industry stock raw materials to avoid supply shortages and eliminate third-party intermediaries. Manufacturers also emphasize on product innovation in spite of challenges such as discrepancies in the supply chain and raw material price volatility, which accounts for a major share of the overall production cost.

U.S. food thickeners market revenue by application, 2014 – 2025 (USD Million)

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Browse full research report on Food Thickeners Market: http://www.grandviewresearch.com/industry-analysis/food-thickeners-market                  

Further key findings from the report suggest:

  • Starch segment dominated the industry and accounted for over 40% of the overall demand in 2016, owing to low cost, easy availability, and high-shelf life of the product
  • High demand for proteins owing to various health benefits such as muscle building, healthy aging, and weight loss is expected to drive the demand for dairy products, which is in turn likely to augment the demand
  • The industry in Europe was valued at USD 3.32 billion in 2016 and is projected to denote a CAGR of 6.0% from 2017 to 2025 owing to the robust food & beverage industry and changing culinary taste preferences of consumers in the region
  • Food thickeners industry in China is projected to register a CAGR of 7.7% from 2017 to 2025 owing to high demand for dairy, sauces, and baby food products
  • The U.S. accounted for over 70% of the North American market owing to the presence of several food manufacturing companies such as Kellogg Co., Tyson Foods, Inc. and The Kraft Heinz Company
  • The key players in the industry including Cargill Inc., Archer Daniels Midland Company, DuPont, and CP Kelco accounted for 70% of the overall revenue share

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements                     

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

Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Starch
  • Protein
  • Hydrocolloids

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Bakery
  • Confectionery
  • Beverages
  • Dairy
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central and South America
    • Brazil
  • Middle East and Africa

 

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-food-thickeners-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 information: http://www.grandviewresearch.com

 

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Automotive Tinting Film Market Is Projected To Grow Rapidly Due To Increasing Installation Of Tinting Films On Windows And Windshields Till 2025: Grand View Research, Inc.

 

The global automotive tinting film market is expected to reach USD 4.48 billion by 2025, according to a new report by Grand View Research, Inc. The increasing installation of tinting films on windows and windshields is expected to drive the market growth.

Rapid expansion of automotive sector in China, Japan, and Argentina is expected to trigger consumption of tinting films over the forecast period. Increasing consumer disposable income coupled with technological advancements such as the advent of bio-based polyester films is expected to fuel market growth.

The benefits offered by the product include heat protection, protection against harmful UV rays, glare, and improved vehicle aesthetics. Growing consumer awareness regarding the benefits along with recovery of automotive industry across the globe is expected to drive demand.

Tinting films help in reducing solar heat gain & winter heat loss and maintain sustainable & comfortable environment. In addition, the use of Ultra Violet-A filtering tinting films reduce the risk of skin cancer & skin damage. Environmental benefits offered by product along with rising safety concerns among consumers is expected to drive growth.

U.S. automotive tinting film market revenue by application, 2014 – 2025 (USD Million)

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Browse full research report on Automotive Tinting Film Market: Http://Www.Grandviewresearch.Com/Industry-Analysis/Automotive-Tinting-Film-Market               

Further key findings from the report suggest:

  • Window tints installed on the windshields block around 43% heat and 99% UV rays, which is expected to augment product demand. Windshields application segment is projected to account for 60.2% by 2025.
  • Passenger cars accounted for 66% of global tinting film industry in 2016 on account of the growing demand for window tints in premium passenger cars to protect center console and automotive electronics from heating
  • LCVs are expected to denote a CAGR of 5.3% owing to the use of the vehicles for home deliveries and improvements in trade and transportation in developed economies of North America and Europe
  • North America accounted for the largest revenue share in 2016 on account of growing demand for window tints in windshields to enhance glare protection for improved clarity while driving
  • China accounted for the largest revenue share in Asia Pacific and expected to grow at a predicted CAGR of 6.1% on account of growing demand for luxury cars coupled with increasing installation of colored tints in the country
  • Companies including 3M and Eastman have goodwill in the industry, which gives them an added advantage over local manufacturers in expanding the distribution network to maintain competitive prices

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

Grand View Research has segmented the global automotive tinting film market on the basis of application, vehicle type, and region:

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Windows
  • Windshields

Vehicle Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicle (HCVs)

Regional Outlook (Revenue, USD Million; 2014 – 2025)

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

 

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-tinting-film-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 information: http://www.grandviewresearch.com

 

Paints And Coatings Market Is Projected To Grow At A 5.3% CAGR from 2014 to 2025: Grand View Research, Inc.

The global paints and coatings market is anticipated to exceed USD 227.70 billion by 2025, according to a new report by Grand View Research, Inc. The global market is anticipated to achieve moderate growth over the forecast period. The demand of these products globally is expected to increase owing to growth of applications from end-use industries, architecture segment, regional demand, changing consumer preference for bio based products and technological advancements.

Increasing applications from end-use industries such as aerospace, automotive, general industries, marine and wood have augmented the growth of the market. Architectural sector is the other parameter that has majorly driven the global industry. The growth of architectural coats is attributed to growing construction spending in emerging regions.

The industry is a highly regulated industry due to presence of volatile organic compounds in these products which are harmful for the environment. However, the industry has witnessed a huge shift towards green and bio-based products in the form of powder based and waterborne formulations.

Waterborne coatings were the largest product segment in 2016 with demand of over 17.0 kilo tons in 2016 and is expected grow substantially over the forecast period owing to increasing demand from several application segments including construction, furniture and automobile industries. Product demand is anticipated to increase owing to increased construction spending and consumer preference especially in developed nations of Asia Pacific region for eco-friendly formulations.

U.S. paints & coatings market by product, 2014 – 2025 (USD Million)

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Browse full research report on Paints And Coatings Market: http://www.grandviewresearch.com/industry-analysis/service-robotics-industry   

Further key findings from the report suggest:                     

  • Global paints and coatings demand was 45.40 million tons in 2016 and is expected to grow with a CAGR of around 4.2% to reach a total volume of 65.81 million tons by 2025
  • Polyurethane is projected to be the fastest growing material segment in the industry
  • Architectural segment was the largest end-use segment however it is expected to grow moderately over he forecast period
  • General industrial sector is expected to emerge as the largest non-architectural end-use segment by 2025
  • The market in Central and South America is anticipated to grow at a CAGR of over 5% from 2017 to 2025
  • Technological advancements attributing to the growth of coats & vanishes include products manufactured by Nano technology and Fluro-additives. These innovative products provide enhanced application outcomes due to their excellent properties and enhanced tolerance levels towards weather-ability as compared to other conventional counterparts.
  • Major global players operating in the industry include BASF SE, PPG Industries, Sherwin-Williams Company, AkzoNobel, Axalta Coating System, Valspar Corporation, Kansai Paint, RPM International Inc., Nippon Paint Holdings, and Jotun Group

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

Grand View Research has segmented the global paints and coatings market on the basis of application:

Paints & Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • High solids/radiation curing
  • Powder coatings
  • Waterborne coatings
  • Solvent-borne coatings
  • Others

Paints & Coatings Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Acrylic
  • Alkyd
  • Polyurethane
  • Epoxy
  • Polyesters
  • Others

Paints & Coatings Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Architectural & Decorative
  • Non-architectural
    • Automotive
    • Wood
    • General Industrial
    • Marine
    • Protective
    • Others

Paints & Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America (CSA)
  • Middle East & Africa (MEA)

 

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-paints-coatings-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 information: http://www.grandviewresearch.com

Proteomics Market Is Likely To Be Influenced By Increasing Penetration Of ESI-LC-MS (Electrospray Ionization Liquid Chromatography Mass Spectrometry) Till 2024: Grand View Research, Inc.

 

The global proteomics market is expected to reach over USD 24.8 billion by 2024 according to a new report by Grand View Research, Inc. The introduction of technology-enabled proteomics products is one of the high-impact rendering drivers for the proteomics market growth. These products find extensive applications in drug discovery, diagnostic services, and many other research areas. The increasing market penetration of these technologies, such as ESI-LC-MS (electrospray ionization liquid chromatography mass spectrometry), is expected to serve as a driver of this market.

Proteomics has become a powerful tool for treating various diseases such as diabetes, fatty liver, obesity, and deadly cancers. It is difficult to cure these diseases as body responses vary from person to person; to overcome this problem, researcher from Ecole Polytechnique Fédérale de Lausanne and ETH Zurich in Switzerland developed method to define metabolic differences between individuals. This is expected to drive the demand for proteomics over the forecast period.

The presence of organizations such as the Human Proteome Organization promotes the development of new techniques, technologies, and training pertaining to the field of proteomics. This is expected to propel the market growth over the forecast period.

U.S. Proteomics Market By Product, USD Million, 2013 – 2024

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

Further key findings from the study suggest:         

  • The reagents segment dominated the product segment in 2015 and is expected to witness a lucrative growth with a CAGR of over 8.5%. Extensive usage of reagents for R&D activities and the introduction of novel biomarker-specific kits, such as Pro2PSA biomarker for prostate cancer and CA27.29biomarkers for breast cancer, are the factors responsible for its large market share.
  • The instruments segment is anticipated to show a significant growth over the forecast period. The major factor responsible for the growth is the rising demand for user-friendly, cost-effective, rapid, and accurate devices
  • In 2014, the protein microarray segment occupied over45% of the market share of the proteomics market, owing to the high usage rates of this technology. Microarray technology has the ability to track the protein interactions and performs chromatography and 2-Delectrophoresis in a comparatively lesser time.
  • The spectroscopy segment is one of the fastest growing segments of proteomics market. The introduction of novel technologies such as Orbitrap Mass spectroscopy and the increasing demand for rapid and accurate devices for complete analysis of proteins are the factors responsible for its fastest growth.
  • North America held the largest share of over 40% in 2015. The presence of favorable government initiatives and the growing adoption of personalized medicines are the key factors that can be attributed to the major revenue share in the market.
  • Asia Pacific is expected to be the fastest growing with a share of over 12% in 2015.The growing prevalence of chronic diseases in the developing countries is a key factor responsible for the fastest growth in Asia Pacific.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology             

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

Proteomics Market Product Outlook, by Revenue (USD Million, 2013 & 2024)

  • Instruments
  • Reagents
  • Services

Proteomics Market Technology Outlook, by Revenue (USD Million, 2013 & 2024)

  • Microarray Instruments
  • X-Ray Crystallography
  • Spectroscopy
  • Chromatography
  • Protein Fractionation Systems
  • Electrophoresis
  • Surface Plasma Resonance Systems

Proteomics Market Application Outlook, by Revenue (USD Million, 2013 & 2024)

  • Drug Discovery
  • Clinical Diagnosis
  • Others

Proteomics Market Regional Outlook, by Revenue (USD Million, 2015 & 2024)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
  • MEA
    • South Africa

 

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-proteomics-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 information: http://www.grandviewresearch.com

 

Regenerative Medicine Market Is Projected To Grow Rapidly Due To Rising Global Geriatric Population Till 2025: Grand View Research, Inc.

 

The global regenerative medicine market size is expected to reach USD 5.59 billion by 2025, according to a new report by Grand View Research, Inc. Increased prevalence of neurodegenerative, orthopedic, and other aging-related disorders in geriatric population coupled with rising global geriatric population is anticipated to drive market growth.

Developments in biotechnology have enabled gaining in-depth knowledge pertaining to cell division and differentiation as well as the metabolism mechanism of various cells. This enriched knowledge, coupled with emergence of novel streams of biotechnology such as gene therapy and nanotechnology, further prospered use of cell-based technology in therapeutic treatment.

Well established regenerative approached for various dermatological indications exists since ages. Technological advances introduced scaffolds, matrices, and grafts engineered for faster regeneration and minimal surgical procedure.

Identification of ability of stem cells to develop into various different cell lines further propelled the advancements in regenerative medicine. Frequent media exposure due to regulatory as well as ethical controversies around embryonic stem cells has increased awareness among the masses. This encouraged researchers to explore and develop other potential fields for similar applications, such as induced pluripotent stem cells (iPSC).

Furthermore, the emergence of gene therapy techniques with potential to rectify and restore effects of gene mutations in cells is under development. Conditions caused due to Single Nucleotide Polymorphism (SNP) as well as mutations that induce degenerative characteristics are primarily targeted.

Biologics, individually or in combination with cells or devices, are explored to support regenerate the biological functions of cells, tissues, or organs. A number of combinatorial therapies to support chemotherapy and other cancer treatments by prevention as well as treatment for cancer relapse are in development phases.

In addition, rising prevalence of complicated degenerative disorders such as age-related macular degeneration, Alzheimer’s disease, and Parkinson’s disease, especially in the aging population resulted in high investments in R&D to develop therapeutic solutions.

Regenerative medicine grabs the attention of the healthcare industry owing to its promising applications along with significant advances in supportive fields including tissue engineering, stem cells, gene therapy, drug discovery and nanotechnology. For instance, 3D printing over scaffold with stem cells to restore structure as well as functional characteristics of biological cells, tissues, and organs.

UK regenerative medicine market revenue by product type, 2014 – 2025 (USD Million)

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Browse full research report on Regenerative Medicine Market: http://www.grandviewresearch.com/industry-analysis/regenerative-medicine-market               

Further key findings from the report suggest:

  • The global regenerative medicine demand exceeded USD 1.7 billion in 2016 and is expected to grow at a considerable rate over the forecast period owing to the presence of a strong looking product pipeline with anticipated commercializations just around the corner
  • Therapeutics emerged as the largest product segment in 2016 as it has a relatively high implementation and usage rate resulting in higher adoption
  • Global regenerative services demand for facilities such as tissue banks and cellular engineering tools is expected to drive demand in the segment
  • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies with increased focus of dominant players in emerging economies is attributive to market growth. market.
  • Key players including Asterias Bio, Athersys, Integra LifeSciences Corpotation, and MiMedx are involved in complex technical cum financial partnerships with larger players in an attempt to expedite R&D

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology

Grand View Research has segmented the global regenerative medicine market on the basis of product, therapeutic category, and region:

Regenerative Medicine Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Therapeutics & Devices
    • Primary Cell-bases therapeutics
      • Dermatology
      • Musculoskeletal
      • Surgical
      • Dental
      • Others
    • Stem Cell & Progenitor Cell-based therapeutics
      • Autologous
      • Allogeneic
      • Others
    • Tools
    • Banks
    • Services

Regenerative Medicine Therapeutic Category Outlook (Revenue, USD Million, 2014 – 2025)

  • Dermatology
  • Musculoskeletal
  • Immunology & Inflammation
  • Oncology
  • Cardiovascular
  • Ophthalmology
  • Others

Regenerative Medicine Regional Outlook (Revenue, USD Million, 2014 – 2025)

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

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-regenerative-medicine-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 information: http://www.grandviewresearch.com

 

Activated Carbon Market To Gain Demand Quickly Due To Rising Government Subsidies Till 2024: Grand View Research, Inc.

The global activated carbon market is expected to reach USD 10.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for air & water purification in the coal-fired plants, clinker cement industries is expected to drive the demand for granular and powdered activated carbon.

Activated carbon possesses a high degree of micro porosity and adsorption properties, owing to which it is preferred in air and water purification across various end-use industries. Applications in the removal of mercury, acid gas toxins along with metallic emissions from coal & oil powered plants are expected to fuel industry growth. Rising concerns regarding drinking water safety along with a shift in trend towards adopting healthy lifestyle are anticipated to drive market demand.

Increasing environmental pollution due to industrial and vehicular emissions is projected to fuel air purification segment. Water treatment applications include municipal treatment, domestic water filters, and groundwater remediation. Food & beverage industry uses activated carbon to remove odor & color from various products. These carbons are used in pharmaceutical industry to cure poisoning due to toxins ingestions.

Various regulations promoting the use of activated carbons in air and water treatments plants are expected to trigger demand over the forecast period. U.S. EPA regulations governing mercury emissions from coal power plants are projected to drive the activated carbon consumption over the next eight years. EU waste water directives regulate water pollution and wastewater from municipal and industrial sources.

U.S. activated carbon market revenue by product, 2014 – 2024 (USD Million)

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Browse full research report on Activated Carbon Market: http://www.grandviewresearch.com/industry-analysis/activated-carbon-market   

Further key findings from the report suggest:

  • The global activated carbon market demand was 1,684.3 kilo tons in 2015 and is expected to reach 5,092.2 kilo tons by 2024, growing at a CAGR of 13.3% from 2016 to 2024
  • Powdered activated carbon emerged as the leading product segment with demand share estimated at 59.1% in 2015. It is also expected to witness the highest growth of 14.2% over the forecast period.
  • Air purification was the leading end-use segment and accounted for over 40% of total demand in 2015. Growing awareness regarding health benefits of air filtration coupled with regulations such as Clean Air Act is expected to drive this segment. It is also expected to witness the highest growth of 15.0% over the next eight years
  • Water & wastewater treatment is also expected to brisk growth over the forecast period. The growth can be attributed to increasing applications in municipal plants, ground water remediation, and beverage industry.
  • Asia Pacific was the leading regional market with demand share exceeding 40% in 2015. Increasing usage in air & water purification and emergence of novel applications such as pharmaceutical and food & beverage industry in the region is expected to drive the product demand.
  • Key market participants include Kureha Corporation, Carbon Activated Corporation, ADA-ES Inc., Haycarb PLC, Carbotech, Carbon Resources LLC, Cabot Corporation, MeadWestvaco Corporation, and Calgon Carbon Corporation.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment  

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

Global Activated Carbon Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Powdered Activated Carbon
  • Granulated Activated Carbon
  • Others

Global Activated Carbon Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Liquid Phase
  • Gas Phase

Global Activated Carbon End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Water Treatment
  • Food & Beverage Processing
  • Pharmaceutical & Medical
  • Automotive
  • Air purification

Global Activated Carbon Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

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

Browse Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-activated-carbon-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 information: http://www.grandviewresearch.com

Butyl Rubber Market To Witness Growth Rapidly Due To Rising Automobile Industry Till 2025: Grand View Research, Inc.

 

The global butyl rubber market is expected to reach USD 5.21 billion by 2025, according to a new report by Grand View Research, Inc. Butyl rubber market is growing worldwide on account of superior product properties in comparison to natural rubber.

Regular butyl rubber exhibits properties such as resistance toward sunlight, ozone, gas permeability, and various polar solvents like alcohols and esters. The general temperature range of regular butyl rubber is about -34 to 110 degrees centigrade, which is anticipated to widen the application scope of the product.

Key players are expanding distribution channels to meet the rising demand and increasing their market share. Companies are expected to expand their footprint across Asia Pacific owing to rapid industrialization, which in turn is likely to provide a positive scope for the product growth.

U.S. butyl rubber market revenue, by product, 2014 – 2025 (USD Million)

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Browse full research report on Butyl Rubber Market: http://www.grandviewresearch.com/industry-analysis/butyl-rubber-iir-market

 Further key findings from the study suggest:

  • Chloro butyl product segment is expected to witness the fastest growth of 7.9% from 2017 to 2025 on account of increasing focus toward better healthcare services
  • Increasing use of butyl rubber for manufacturing bushes, which are used as a fixture between two moving parts is anticipated to drive product demand over the forecast period
  • The Middle East & Africa butyl rubber market was valued at USD 175.7 million in 2016 owing to the presence of numerous oil & gas industries in the region coupled with growing automotive & medical sectors in Africa, which in turn is anticipated to augment market growth
  • Germany accounted for the largest revenue share of 45.2% in 2016. High-scale operations of companies such as Lanxess and Denso in the economy are expected to drive product demand over the forecast period.
  • India being one of the major pharmaceutical manufacturers is expected to drive the demand for butyl rubber in the pharmaceutical closures application
  • Petrochemical companies, such as Reliance and ExxonMobil, are expected to gain higher profits in comparison to other players as they have the opportunity to utilize the raw materials that are manufactured in-house
  • In March 2017, Sinopec announced that it budgeted 63.0% increase in its spending on oil refineries and petrochemical plants to conform with a national policy to bolster competitiveness across the industry

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-butyl-rubber-market                                                                                                                          

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