adityarana

The North America industrial insulation market size is projected to reach USD 2.55 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.0% during the forecast period. Rising awareness regarding energy conservation and increasing energy cost are anticipated to drive the market.

The market exhibits extensive competitive rivalry due to presence of a large number of key players offering wide range of products to industries such as oil & gas and petrochemical. In addition, presence of a number of well-established companies is increasing entry barrier, thereby reducing the threat of new entrants.

Abundance in supply of raw materials in the industry is leading to limited change in the price. Increasing use of advanced materials for production of insulation is estimated to propel the market over the forecast period. In addition, high import volumes of low cost raw materials from economies such as China are expected to emerge as a major trend.

Majority of these raw materials used in the production of such materials are derivatives of crude oil or natural stone and sand. Presence of stringent regulations in the U.S. coupled with rising concerns regarding environmental degradation due to excessive mining is likely to pose a challenge the growth of the market over the forecast period.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/north-america-industrial-insulation-market

Further key findings from the report suggest:

• • • Foamed plastics are poised to exhibit a CAGR of 3.9% in terms of revenue from 2018 to 2025, owing to its superior characteristics such as sound absorption and superior sealing ability against air leaks
    • Pipes were the largest product segment and stood at a volume of 612 kilotons in 2017, on account of ability to control & stabilize process temperatures, prevent formation of condensation, and limit pipe erosion
    • Petrochemicals are projected to register a CAGR of 4.1% in terms of value during the forecast period, owing to increasing shale oil exploration and presence of a number of gas refineries in the U.S. and Canada
    • U.S. accounted for the leading share in the North America industrial insulation market, accounting over 85.5% of the total revenue in 2017 owing to implementation of recent IECC measures
    • Major companies in the market focus on improvement of their product portfolio coupled with high investments in R&D of low-cost materials that provide superior properties.

Material Insights

High usage of stone wool in applications requiring high compressive strength such as HVAC ducting is estimated to propel the market over the forecast period. In addition, the product does not emit toxic gases in case it catches fire and provides effective protection against extremely high and low temperatures, thereby exhibiting high demand.

Glass wool is majorly used in heavy duty applications such as pipes that are used in industries to carry hot and cold fluids. The market for glass wool insulation is expected to expand at a CAGR of 3.8% in terms of revenue from 2018 to 2025 due to intensive use for insulating cover flanges, heat exchangers, turbines, pumps, and any irregular surface in industrial application.

Foamed plastics exhibit excellent dielectric strength and resistance to chemicals, heat, and moisture, making it a preferred material for insulation of electric component in industrial applications. Various advantages, such as cost effectiveness and resistance to dust & moisture accumulation, provided by the product is likely to boost its demand.

Cellular glass offers superior compressive strength, incombustibility, and greater thermal insulation performance. In addition, it also provides highly effective vapor barrier and is unaffected by common chemicals and highly corrosive environment, making it an ideal industrial insulation material. Rising awareness regarding their merits are poised to contribute to the growth of the segment.

Product Insights

Pipe insulation is projected to realize notable demand on account of superior action in control and stabilization of process temperatures. The product is also useful in prevention of formation of condensation and limits pipe corrosion. It is, thereby, anticipated to witness high demand throughout the forecast horizon.

Growing use of board-based products for applications including vessels, equipment, chillers, heat and air conditioning duct, and acoustical wall panels is estimated to spur the growth of the market. In addition the product also finds extensive use in hot & cold equipment, power & process equipment, and specialized ceiling applications.

The market for blanket insulation is expected to reach a value of USD 725.5 million by 2025. It is driven by characteristics such as excellent handling characteristics, thermal performance, and dimensional stability. Increasing use of the product for heat exchanger, storage tanks, cooling towers, air conditioning ductwork, and large diameter piping is likely to bolster the growth of the North America industrial insulation market.

Removable and reusable insulation blankets are commonly used for industrial applications, such as HVAC applications, boiler, metal, and masonry walls. These blankets are self-contained insulation systems, which lower operation costs by reducing energy consumption, and shorten down time and are hence poised to realize notable growth over the forecast period.

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.

<!--more-->

The global portable generator market size is expected to reach USD 5.2 billion by 2025, registering a CAGR of 5.2% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The market has witnessed considerable growth owing to the growing need for temporary mobile Alternative Current (AC) generators to offer uninterrupted power supply during power shortage. Increase in awareness about the use of mobile backup power solutions for homes in order to cope with power cuts is expected to drive product demand in the residential segment over the forecast period.

Mobile generators are operated by fuels such as diesel or gas and are available in various models such as low-end and high-end. High-end models are used to operate all the appliances while low-end models are used to operate appliances that require low power. Portable generators are mostly used on a temporary basis for new construction sites, where usage of a power grid is difficult.

Factors such as aging electrical infrastructure and increasing oil and gas exploration activities are leading to growing demand for power. Technological advancements in IoT have enabled the development of computer-controlled portable generators, which are expected to drive the portable generator market.

Surging demand for energy owing to the growth of small- and medium-sized enterprises is expected to propel demand for mobile power generators over the next few years. Additionally, the introduction of favorable initiatives of governments in Asia Pacific for the development of green buildings is expected to drive demand for temporary power supply. For instance, the Ministry of New and Renewable Energy of the Government of India introduced the Green Rating for Integrated Habitat Assessment in 2017, which rewards contractors constructing green buildings.

Major players are making massive investments in research and development programs for developing portable generators equipped with value-added features. Companies are focusing on developing products with features such as Bluetooth connectivity and CO guard carbon monoxide technology. In April 2019, Briggs & Stratton Corporation developed a portable generator that featured the CO guard carbon monoxide shutdown technology. This technology was designed to shut down generators when the levels of carbon emission cross the threshold value in the operating area.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/portable-generators-market

Further key findings from the report suggest:

• The U.S. Environmental Protection Agency (EPA) is focusing on implementing cleaner standards and regulations primarily for diesel fuel-powered engines
• Rapid infrastructural development in countries such as China, India, Singapore, and South Korea has led to a rise in the number of multistory residential buildings, where portable generators are used to keep elevators continuously powered
• The gasoline segment is anticipated to register the highest CAGR over the forecast period owing to factors such as low environmental pollution, cost-effectiveness, and durability
• The construction end-use segment is expected to exhibit the highest CAGR between 2019 and 2025 owing to increasing demand for mobile generators for construction projects such as hotels, shopping malls, and commercial parking facilities
• The portable generator market is highly competitive with the main players including Generac Power Systems Inc.; Kohler Co.; Cummins, Inc.; Multiquip, Inc.; WINCO; Harrington Generators International Ltd.; Briggs & Stratton Corporation; Wacker Neuson SE.; Honda Siel Power Products Ltd.; and Caterpillar Inc.

Grand View Research has segmented the global portable generator market on the basis of product, power range, end use, and region:

Portable Generator Product Outlook (Revenue, USD Million, 2014 - 2025)

• Diesel
• Gaseous

Portable Generator Power Range Outlook (Revenue, USD Million, 2014 - 2025)

• Low Power (8 - 20KW)
• Medium Power (21 - 370KW)
• High Power (371 - 450KW)

Portable Generator End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Commercial
• Residential
• Industrial
  • Construction
  • Mining
  • Oil & Gas
  • Others

Portable Generator Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)

About Grand View Research

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

The global ultra-thin glass market size is anticipated to reach USD 27.74 billion by 2025, expanding at a CAGR 10.1% over the forecast period, according to a new report by Grand View Research, Inc. The demand for ultra-thin glass is increasing in semiconductors on account of superior characteristics such as light weight and optimum performance as compared to its counterparts.

In April 2019, Samsung Electronics announced investment of around USD 114.8 billion by 2030 in logic chips business. The ongoing investments in the semiconductor industry is likely to augment the product demand over the coming years.

Ultra-thin glass is gaining acknowledgement in solar industry for manufacturing of solar panels. Leoflex, an ultra-thin glass produced by AGC Inc. of thickness ranging from 0.85mm and 1.10mm is extensively used for solar panels. According to the International Renewable Energy Agency, the solar photovoltaic capacity installations increased by 24.4% from 2017 to 2018 and is expected to grow by 50% from 2019 to 2024. The rising capacity installations is likely to propel the demand for solar panels, which can positively impact on the demand for ultra-thin glass.

Asia Pacific was the largest segment for the market in 2018 on account of increasing government initiatives to propel the manufacturing sector in India and China. For instance, the USD 15.2 billion investment for production expansion announced by BOE Technology Group, a major display manufacturer in China, in March 2018 is expected to be majorly backed by the local government.

The market is highly consolidated and competitive in nature due to presence of multinational corporations. Also, manufacturing processes including down-draw and overflow are both technology and capital-intensive. These factors are anticipated to create barriers for new entrants over the forecast period.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/ultra-thin-glass-market

Further key findings from the report suggest:

• Semiconductor segment is anticipated to register a CAGR of 10.3% in terms of volume, owing to increasing growth prospects in emerging technologies like autonomous driving and internet of things over the coming years.
• Asia Pacific is the fastest growing segment with a CAGR of 11.1% in terms of revenue due to presence of more than half of the global semiconductor and flat panel display fabrication plants in the region.
• North America is anticipated to witness a CAGR of 8.2%, in terms of volume, owing to increasing preference towards thinner automotive glazing in the region. In 2016, Saint-Gobain & Corning announced establishing a joint venture, which will manufacture automotive glazing solutions using ultra-thin glass.
• In June 2019, Pulp Studio, a glass manufacturer launched a new product named DermaGlass, a lightweight and durable ultra-thin glass with a thickness of 1.3mm. It is damage resistant and is used in exteriors, facades, and interior applications.

Grand View Research has segmented the global ultra-thin glass market on the basis of application and region:

Application Outlook (Revenue, USD Million; Volume, Million Square Meters; 2014 - 2025)

• Flat panel displays
• Semiconductors
• Automotive glazing
• Others

Regional Outlook (Revenue, USD Million; Volume, Million Square Meters; 2014 - 2025)

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

About Grand View Research

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

The global food coating ingredients market size is expected to reach USD 5.52 billion by 2025, according to a new report by Grand View Research, Inc. Growing food & beverage industry along with the growing popularity of fast food restaurants across various age groups has been a major factor driving the market growth.

Food coating is a part of food processing activity and is used to improve the product’s structure, taste, and texture. The process involves keeping the product moving while applying the coating ingredient in a specific pattern. These coatings not only help protect the underlying product but enhance the overall appeal and quality of the product.

The accelerating food processing industry is expected to bolster the growth of the product market. Moreover, the drift in the consumption patterns of the consumers and many of them opting for processed food, ready to eat and frozen foods is anticipated to drive the global food coatings market.

The global fast food market is anticipated to grow at a faster pace in the developing economies such as Asia & Africa. Increasing per capita income, fast-paced life coupled with the rising popularity of junk food amongst youngsters is anticipated to boost the market further.

Asia Pacific is estimated to be the fastest growing market owing to the growing processed food products demand, increasing disposable income and increasing population in this region. Furthermore, Europe is likely to hold around 30% of the market share by 2025.

Global food coating ingredients market by product, 2014 - 2025 (USD Million)

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/food-coating-ingredients-market

Further key findings from the report suggest:

• • The global food coating ingredients demand was 4,983.5 kilo tons in 2016 and is expected to grow at a CAGR of 5.6% from 2016 to 2025
  • Sugars & Syrups emerged as the largest product segment in 2016 and is projected to generate revenue over USD 1.7 billion by 2025
  • Global food coating ingredients demand in confectioneries was valued at USD 0.74 billion in 2016 and is estimated to witness the highest growth over the next few years
  • The U.S. food coating ingredients demand in bakery products was 316.2 kilo tons in 2015 and is projected to reach a total volume of over 540 kilo tons by 2025
  • Asia Pacific is likely to witness significant growth over the next few years owing to the growing processed food products demand, increasing disposable income and increasing population in this region. The regional food coating ingredients market is expected to grow at a CAGR of 6.8% from 2017 to 2025

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

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

• • Cocoa & Chocolates
  • Fats & Oils
  • Salt, Spices & Seasonings
  • Flours
  • Batter & Crumbs
  • Starches
  • Hydrocolloids
  • Sugars & Syrups
  • Others

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

• • Bakery Products
  • Confectioneries
  • R.T.E. Cereals
  • Dairy Products
  • Snacks & Nutritional Bars
  • Fruits & Vegetables
  • Meat & Poultry Products
  • Others

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

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

About Grand View Research

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

The global solar control glass market is expected to reach USD 8.88 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand owing to positive construction and automotive industry outlook is expected to propel solar control glass market growth.

Solar control glass allows a significant amount of sunlight to pass through and reflects a large amount of solar heat thus making it suitable for green building applications. The growing trend of green buildings constructions with high energy efficiency and reduced CO₂ emissions is expected to drive market demand for solar control glass over the forecast period.

The demand is driven by countries such as U.S and Germany where there is a growing trend of green buildings. The favorable government policies in China and Japan are expected to boost demand for this product. The growing usage in the automotive industry owing to reduced air conditioning costs will have a positive impact on demand for solar control glass over the forecast period.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/solar-control-glass

Further key findings from the report suggest

• Commercial buildings will witness the fastest growth at a CAGR of 9.1% in terms of volume from 2016 to 2024 as a result of increasing projects that are energy efficient coupled with government regulations promoting energy efficient buildings.
• European market was valued at USD 1.74 billion in 2015 and will show significant rise owing to growing demand for commercial buildings with provisions to reduce the CO₂ emissions resulting from the air conditioning in the building. Growing automotive industry in in Germany is expected to propel demand for this product.
• MEA will witness significant revenue growth at a CAGR of 10.1% from 2016 to 2024 in light of the increasing construction projects and arid climatic conditions in that region.
• Key participants include NSG, AGC Glass Europe, and Saint-Gobain together accounting for a major market share in 2015. Other prominent players include PPG Glass Industries, Guardian Glass, Sisecam Flat Glass and Euroglas GmbH.

• Companies are focusing on increasing their footprint within the global solar control glass industry through various strategic initiatives. For instance, in June 2016, PPG announced the sale of its European fiberglass operations to Nippon Electric Glass Co. to focus on growing market of low emissivity solar control glass. In July 2016, AGC introduced Ipasol neutral 70/37 and Ipasol light gray 60/33 solar control glass products in the market to meet the growing demand.

Grand View Research has segmented the global solar control glass market on the basis of application and region:

Application Outlook (Volume, Million Square Meter; Revenue, USD Million, 2013 - 2024)

• Commercial Buildings
• Residential Buildings
• Automotive

Regional Outlook (Volume, Million Square Meter; Revenue, USD Million, 2013 - 2024)

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

About Grand View Research

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

The global ceramics market size is expected to reach USD 407.72 billion by 2025, according to a new report by Grand View Research, Inc. Advancement in 3D printing technology coupled with its rising application in dental implants is anticipated to drive the ceramics industry market growth.

Emergence of 3D printing or additive manufacturing is the new prominence application area for advanced product segment of ceramics. The rising use of the technology in dental implants is anticipated to trigger the market growth for advanced ceramic materials such as alumina and zirconium. Alumina is anticipated to dominate the marketspace due to its excellent structural properties and compatibility with human tissues.

Soda ash, kaolin, clay, silica, and sand are key raw materials used in manufacturing of traditional ceramics. Raw materials and energy are the two largest elements in cost structure of ceramics manufacturing process. Raw materials constitute 22% of cost structure in ceramic production closely followed by energy, which accounts for 21%. Labor and overhead costs constitute 16% and 13%, respectively. Other costs include transport, distribution, and depreciation, which account for 28%.

However, rising scrutiny over energy usage and limiting carbon dioxide emission is forcing the vendors of the market to opt for sustainable energy sources. In addition, securing an inexpensive fuel supply in a volatile natural gas market is an important criterion for a company’s sustainability and competitiveness in the industry. On account of the unpredictable nature of natural gas prices, smaller companies primarily focus on looking into alternative fuel options or alternative technologies to manufacture ceramics.

Over the last few years, there has been significant increase in the use of ceramic materials for manufacturing implant devices. Superior properties of alumina and zirconium based ceramics such as toughness and strength together with low wear rates and bio-inert properties is projected to augment their demand in applications such as femoral heads for total hip replacements over the coming years.

Key players such as AGC Ceramics Co.,Ltd., Imerys Ceramics, Carbo Ceramics, Inc., 3M, Corning, and Kyocera Corporation are focusing on vigorous expansion strategies. These companies have either formed mergers or acquired regional vendors as part of their strategy to enhance their global footprint.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/ceramics-market

Further key findings from the report suggest:

• In terms of revenue, traditional product held highest market share of 59.6% in 2018. The growth in this segment is attributed to increasing demand for manufacturing of tiles, bricks, and sanitary ware.
• In terms of revenue, advanced product segment is projected to grow at CAGR of 9.1% over the forecast period. Rising popularity of the product in biomedical application is anticipated to boost the segment growth.
• In terms of revenue, tiles application segment is projected to dominate the global industry. Rising prominence of premium tiles in luxurious projects is the key driver for the segment growth.
• Asia Pacific was leading region with revenue share of 39.6% in 2018. The growth of the region is attributed to expansion of end-use industries in India and China.
• In terms of revenue, North America region is projected to grow at a CAGR of 8.5% from 2019 to 2025.
• Some of the key players present in the market are AGC Ceramics Co.,Ltd., Imerys Ceramics, Carbo Ceramics, Inc., 3M, Corning, and Kyocera Corporation. Vendors of the industry are focusing on customize services for applications such as bio ceramics, electronic devices, and many more.

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

Product Outlook (Revenue, USD Million, 2014 - 2025)

• Traditional
• Advanced

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Sanitary Ware
• Abrasives
• Bricks and Pipes
• Tiles
• Pottery
• Others

End-Use Outlook (Revenue, USD Million, 2014 - 2025)

• Building & Construction
• Industrial
• Medical
• Others

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

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

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.

The global luxury jewelry market size is expected to reach USD 65.54 billion by 2025 registering a CAGR of 7.6%, according to a new report by Grand View Research, Inc. Growing demand for jewelry as an investment and demand for luxury items is expected to boost the overall market over the forecast period. Changing lifestyle and rising usage of jewelry as substitute accessories to denote the style statement as per changing fashion trend is projected to drive the demand further.

Influence of western culture on developing economies, such as India, China, and Bangladesh, along with quick adoption of new cultural trends in these countries is also anticipated to increase the product demand over the next few years. The female application segment is expected to lead the global market from 2019 to 2025 on account of availability of innovative designs and types of jewelry for women. Moreover, growing economic independence of females plays a significant role in the development of this segment.

Increasing trend of customized and personalized jewelry products, such as bracelets, chains, rings, and pendants, is also expected to boost the product demand. Asia Pacific accounted for more than 63% of the global market share in 2018 due to multipurpose use of jewelry, such as in various rituals and traditions and for investment purposes, and as fashion trend. New product launches from the leading companies are also expected to propel the luxury jewelry market growth.

Companies in this market focus on making new designs to make their style statement in the market. For example, in February 2019, Harry Winston Co. launched a new segment of jewelry watches for women. Through such innovative products, companies are trying to capture new markets, especially in North America and Europe, and to maintain a their position in the existing markets of developing countries.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/luxury-jewelry-market

Further key findings from the study suggest

• Gold-based jewelry was the dominant material segment and is projected to expand further at the highest CAGR of 7.8% from 2019 to 2025 due to high demand, particularly in the developing countries of APAC
• Ring product segment is expected to witness the maximum CAGR of 7.8% from 2019 to 2025 due to rising demand for the product
• Offline distribution channel accounted for the highest market share of 59.39% in 2018 and is likely to maintain the dominance throughout the forecast years as customers emphasize on proper examination of the product before buying it
• Moreover, due to high prices of these products, customers prefer offline channels over any other means of distribution

Grand View Research has segmented the global luxury jewelry market on the basis of material, product, distribution channel, application, and region:

Luxury Jewelry Material Outlook (Revenue, USD Million, 2015 - 2025)

• Gold
• Platinum
• Diamond
• Others

Luxury Jewelry Product Outlook (Revenue, USD Million, 2015 - 2025)

• Necklace
• Ring
• Bracelet
• Earring
• Others

Luxury Jewelry Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Online
• Offline

Luxury Jewelry Application Outlook (Revenue, USD Million, 2015 - 2025)

• Male
• Female

Luxury Jewelry Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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.

The global wrapping machine market size is projected to be valued at USD 4.5 billion by 2025, expanding at a CAGR of 8.5%, according to a new report by Grand View Research, Inc. Factors such as inclination of consumers toward convenient, packaged, processed, and ready-to-eat food products is anticipated to propel market growth. In addition, growing demand from the food and beverage industry is also anticipated to favor market growth.

Moreover, increasing awareness among consumers regarding health, packaging, and hygiene is likely to trigger market growth over the forecast period. Factors like government regulations for equipment manufacturers and secure work environment to safeguard industry norms and product standardization are expected to drive the market over the forecast period.

The stretch machine segment dominated the market in 2018 and is anticipated to exhibit a CAGR of 9.5% over the forecast period. Technological advancements, growing demand from application industries, and need for product-based packaging are some of the factors that are expected to favor segment growth.

The automatic mode of operation is projected to dominate the global market by 2025 and is anticipated to register a CAGR of 9.3% over the forecast period. Rapid industrialization, automation in the process, adoption of industry 4.0, and other technological advancements are projected to spur the demand for automated wrapping machine over the forecast period.

The food application segment accounted for the largest market share in 2018 whereas the beverage segment is likely to exhibit a CAGR of 9.2% over the forecast period. Favorable growth of the food and beverage industry, particularly in Asia Pacific, Central and South America, and Middle East, is anticipated to act as a market driver over the forecast period.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/wrapping-machine-market

Further key findings from the report suggest:

• The U.S. market is expected to witness a CAGR of 13.2% owing to a thriving food and beverage industry, potential market opportunities, and favorable government policies
• The Russia market is expected to be valued at USD 329.1 million by 2025. Positive GDP growth and rise in purchasing power of consumers are anticipated to favor the market in Russia
• In 2018, China accounted for a revenue share of 11.4% in the global market. Product innovations, developments, and introduction of advanced technologies offer favorable opportunities for new markets like beverage, pharmaceutical, and personal care in China
• Key players operating in the wrapping machine market include Duravant LLC; Aetnagroup S.p.A.; Robert Bosch GmbH; Coesia S.p.A.; IMA Group; ProMach, Inc.; and Lantech. In December 2018, Duravant acquired Wulftec International, Inc., a North America-based company manufacturing semi-automatic and fully automatic stretch wrapping machine.

Grand View Research has segmented the global wrapping machine market based on machine type, mode of operation, application, and region:

Wrapping Machine Type Outlook (Revenue, USD Million, 2014 - 2025)

• Stretch
• Shrink
• Others

Wrapping Machine Mode of Operation Outlook (Revenue, USD Million, 2014 - 2025)

• Automatic
• Semi-automatic

Wrapping Machine Application Outlook (Revenue, USD Million, 2014 - 2025)

• Beverages
• Food
• Chemicals
• Personal Care
• Pharmaceuticals
• Others

Wrapping Machine Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Russia
  • U.K.
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Australia
  • India
• Central & South America
  • Brazil
• Middle East and Africa
  • Saudi Arabia
  • UAE

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.

The global plastic resins market size is expected to reach USD 885.4 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.0% over the forecast period. Increasing consumption of the product in construction, automotive, electrical and electronics application is projected to propel the growth. Regulatory intervention to reduce gross vehicle weight to improve fuel efficiency as well as to reduce carbon emission has driven automotive OEMs to adopt resins as a substitute to steel and aluminum for manufacturing automotive components.

Favorable federal regulations laid down by agencies such as the National Highway Traffic Safety Administration and the Environmental Protection Agency (EPA) regarding carbon emissions along with the initiatives by the European Union (EU) to develop plastics application for light-weight and fuel-efficient cars are likely to augment the growth of the plastic resins market.

Stringent regulations pertaining to recyclability and depletion of conventional materials, such as metal and wood, are expected to push the demand for material in pipes, windows, cables, storage tanks, and other uses in the construction industries. Plastics are durable and energy saving with cost effectiveness and safe properties, which promotes their application in construction purposes.

The global plastic resin market has been segmented, based on product into crystalline resin, non-crystalline resin, engineering plastic and super engineering plastic. Crystalline resin was the largest segment and accounted for 61.4% of the market share in terms of revenue in 2018. Crystalline resin segment mainly includes epoxy, polyethylene, and polypropylene resins.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/plastic-resins-market

Further key findings from the report suggest:

• Crystalline resin (epoxy, polyethylene and propylene) segment accounted for the prominent market share in 2018 and is expected to witness significant growth over the forecast period
• In 2018, China accounted for the maximum market share in terms of revenue. Rising consumer disposable income in the country and demand for luxury cars are the factors expected to fuel the growth
• Advent of bio-based plastic resins has played a prominent role in food and beverage and pharmaceutical applications. Polymers such as PET and PC are increasingly utilized in beverage packaging and consumer goods sector
• Global plastic resin market is highly competitive and fragmented in nature with the presence of various key players, such as SABIC, BASE SE, Dow, DuPont, Evonik Industries AG, Arkema, Celanese Corporation, and others

Regional Insights

Considering regions, Asia-Pacific (excluding China) accounted for nearly 1/3^rd of the overall market share in 2018. China is self-sufficient in terms of plastic production with the adequate number of plants and production capacity required to fulfill the local demand. China exports various types of plastics to neighboring countries owing to a large production base.

North America is anticipated to witness moderate growth over the forecast years. Regulatory policies framed by FDA, EPA, and other agencies are likely to act as a restraint. However, alternative production processes and sustainability through the life cycle of the product are expected to mitigate the impact of these limitations on the market for plastic resins.

Europe is expected to witness below average growth over the forecast period. Stringent environmental regulations by regulatory bodies, such as the European Chemicals Agency (ECHA) and the European Commission among other federal-level agencies characterize the market in Europe. Landfill bans have existed for decades in many European countries, such as Denmark, France, Germany, and Austria. High landfill tipping fees, dumping tariffs, waste management, and closing costs of landfills have encouraged the European population to switch to recycled products. Zero Waste Europe, an organization involved in eliminating waste in the society is working in collaboration with the European Commission with the intention to bring residual waste to zero.

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.

The global coal-based activated carbon market size is projected to reach USD 4.6 billion by 2025, expanding at a CAGR of 4.3%, according to a new report by Grand View Research, Inc. The market is driven by demand from application industries such as gold, sugar, and air and water purification.

Air purification is the fastest growing end-use segment in the market. Rising demand for activated charcoal in air purification applications from commercial as well as domestic users is anticipated to drive segment growth in the coming years. The high adsorption property of the product allows it to remove odors, volatile organic compounds (VOCs), and other gaseous pollutants from the air, thus making it suitable for household purposes.

North America is the second-largest coal-based activated carbonmarket due to high consumption of the product in water treatment, air and gas purification, and pharmaceuticals. Major manufacturers in the region, such as Calgon Carbon Corp and Ecologix Environment Systems, LLC, have contributed to the growth. Activated charcoal is mainly used in mercury removal in industrialized countries such as U.S., Canada, and Mexico. Export of the product in North America has drastically reduced owing to new legislation established by the U.S. Environmental Protection Agency (EPA). The implementation of coal combustions and waste emission norms has directly impacted the production of activated carbon.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/coal-based-activated-carbon-market

Further key findings from the report suggest:

• • In terms of revenue, the powdered form is anticipated to witness a CAGR of 4.9%, in terms of revenue from 2019 to 2025, as they are highly preferred for odor and taste control. It is also used for removal of organic chemicals in various end-use industries such as healthcare, food and beverages, and automotive
  • The air purification application segment is anticipated to exhibit a CAGR of 4.6% in terms of revenue on account of rising usage in filters that control the spread of volatile organic compounds (VOC) and bad odor
  • The U.S. market is anticipated to exceed 225.2 kilotons by 2025 owing to the rising use of activated carbon in mercury removal applications
  • Some of the key industry participants are Kuraray, French CECA, Calgon Carbon, CarboTech AC GmbH, Ecologix Environment Systems, LLC, CarbUSA, and Cabot Corporation.

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

Coal-based Activated Carbon Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• • Granular
  • Powdered
  • Others

Coal-based Activated Carbon End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

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

Coal-based Activated Carbon Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

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

About Grand View Research

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

The global playing cards and board games market size is anticipated to reach USD 21.56 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.7% during the forecast period. Growing popularity of traditional recreational activities among the younger generation is projected to drive the market. Rising preference of millennials for old school games during social gatherings is expected to further fuel the growth.

Increasing resurgence of retro-games is projected to drive the market growth. Manufacturers are focusing on producing simple games with elegant mechanics and impressive artwork to attract more consumers. For instance, the massively successful launch of Settlers of Catan has attracted a number of players to the industry. Rapid rise in demand has created growth opportunities for the market players. The new manufacturers focus on innovation and creativity while developing as well as reinventing the playing cards and board games, which in turn is anticipated to drive the market growth. Rising popularity is expected to encourage companies to introduce board games specifically designed for different groups such as children, millennials, and families. For instance, Pandemic Legacy, Scythe, and Gloomhaven, are some of the board games designed especially 13 years and above.

In terms of product, the board games held the leading market share in 2018 and is anticipated to continue its dominance over the forecast period. Factors such as increasing engagement in leisure activities, trend of taking a break from digital screens, and emphasis on face to face interaction are projected to boost the popularity of traditional board games. Monopoly held the largest market share of more than 29% in 2018. Rising popularity of checkers, puzzles, scrabble, and chess among others is expected to contribute to the market growth.

Offline distribution channel is expected to continue leading the market over the forecast period. Rising culture of board game cafes is expected to fuel the growth of the segment. Moreover, introduction of gaming zones in malls and pubs is expected to positively influence the market growth.

North America is projected to register the fastest CAGR of 9.2% from 2019 to 2025. Rise in the number of gaming cafes across the U.S. and increasing popularity among millennials seeking for old-fashioned entertainment is expected to boost the regional growth. Asia Pacific, on the other hand, is expected to continue holding the largest market share over the forecast period. High interest in playing cards across countries such as India and Japan is projected to drive the regional market growth.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/playing-cards-board-games-market

Further key findings from the report suggest:

• Playing cards is expected to reach USD 7.18 billion by 2025, expanding at a CAGR of 9.0% from 2019 to 2025
• Offline distribution channel is expected to reach USD 13.83 billion by 2025 owing to rising number of board game cafes across the world
• Top players operating in the playing cards and board games market are Games Workshop Group PLC, NECA/WizKids LLC, IELLO USA LLC.,Grey Fox Games, Disney, Buffalo Games, UNIVERSITY GAMES, Delan Service, LongPack Games, and Boda Games

Grand View Research has segmented the global playing cards and board games market by product, distribution channel, and region:

Playing Cards and Board Games Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Playing Cards
• Board Games
  • Chess
  • Scrabble
  • Monopoly
  • Ludo
  • Others

Playing Cards and Board Games Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Offline
• Online

Playing Cards and Board Games Region Outlook (Revenue, USD Billion, 2015 - 2025)

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

About Grand View Research

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

The global cement market size is expected to reach USD 682.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.8% during the forecast period. The market is anticipated to register rapid growth due to growing infrastructural development across the globe.

The global infrastructure investment is dominated by countries such as India, China, and the U.S. Soaring need for infrastructure upgrade and modification in the U.S. is likely to fuel the demand for cement over the forecast period.

Demand for residential properties is growing due to increasing urbanization and rising household income. In addition, improving economic conditions in countries such as India and China is stimulating the demand for retail and commercial spaces. Both countries are estimated to observe a remarkable rise in establishments in urban areas over the forecast period, thus providing a fillip to the cement market.

Aditya Birla Ultratech, CNBM International Corporation, CEMEX S.A.B. de C.V., HeidelbergCement AG, Italcementi, InterCement, LafargeHolcim, SCG, Taiheiyo Cement Corporation, Titan Cement Group, Votorantim, Mitsubishi Cement Corporation, Alamo Cement Company, Argos USA Corporation, ESSROC Cement Corporation, Drake Cement LLC, and Anhui Conch Cement are some of the prominent companies operating in the market.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/cement-market

Further Key Findings from the Report Suggest:

• Portland cement accounted for close to 90.0% of the overall revenue in 2016. Properties such as high strength and durability exhibited by this type are likely to trigger its demand over the forecast period
• On the basis of product, the others segment is expected to register a CAGR of 6.6% over the forecast period. Prices of other cements are expected to decline in the coming years, which, in turn, is expected to drive the market.
• Supportive regulations and favorable government policies, such as Housing for All and smart cities in India, are expected to trigger the demand for cement in residential and commercial applications in developing and underdeveloped countries
• The Cement Action Plan is a part of the World Business Council for Sustainable Development´s (WBCSD) Low Carbon Technology Partnerships initiative (LCTPi) to accelerate the deployment of low-carbon solutions in the cement industry. Policies and government initiatives related to this plan are projected to augment the market over the forecast period.
• Regional expansions and R&D are the key strategies adopted by major players to strengthen their position in the cement market as smaller companies are keen to collaborate with key players to strengthen their foothold in the global arena
• In July 2014, Aditya Birla Ultratech acquired 2 units of Jaiprakash Associates in order to increase the firm’s production capacity to 100 metric tons per year by 2020.

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

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

• Portland
• Others

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

• Residential
• Non-residential/Infrastructure

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

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

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.

The global liquid waste management market size is expected to reach USD 117.3 billion by 2025, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. Increase in the number of water-borne diseases has resulted in a rise in toxicity and safety concerns across the globe, which has emerged as a key factor driving the market.

Liquid waste generated from industrial manufacturing activities contains chemical compounds and toxic materials, which are hazardous for the environment, leading to growing demand for liquid effluent management activities. Increasing manufacturing activities to meet the surging consumer demand have resulted in significant rise in wastewater production, which is expected to benefit the industry expansion.

The liquid waste management market is highly regulated by agencies such as Environmental Protection Agency (EPA) and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH). Various laws including Environmental Protection Act, 1993 specify steps to be carried out by industry players including undertaking Environmental Impact Assessment (EIA) and preparing Environmental Impact Statement (EIS).

The market is characterized by presence of a few large players that lay focus on mergers and acquisition in order to reduce the competition. However, competitive rivalry in the market is expected to be low owing to increasing technological challenges and stringent waste processing regulations, which discourages the new entrants.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/liquid-waste-management-market

Further key findings from the study suggest:

• Residential sector accounted for 42.7% market share in terms of revenue in 2018 on account of augmented water usage in residential applications leading to increasing amount of per capita wastewater generation, thereby fueling the segment growth
• In terms of revenue, the commercial sector is expected to expand at a CAGR of 4.0% from 2019 to 2025 owing to increasing wastewater generation from the hospitality industry, coupled with high demand for water in the medical sector
• Pharmaceutical industry is expected to register a CAGR of 4.5% in terms of revenue over the forecast period on account of increasing pharmaceutical production driven by population growth across the globe
• U.S. accounted for 22.2% market share in terms of revenue in 2018 owing to presence of established industrial and commercial activities leading to a large volume of wastewater generation, along with stringent regulations imposed by EPA in the country
• Major players operating in the liquid waste management market are integrated across all the stages of the process, including collection, transportation, and disposal of liquid waste, which aids in cost saving and increased profits.

Grand View Research has segmented the global liquid waste management market on the basis of source, industry, service, and country:

Liquid Waste Management Source Outlook (Revenue, USD Million, 2014 - 2025)

• Residential
• Commercial
  • Toxic & Hazardous
  • Organic & Non-Hazardous
• Industrial
  • Toxic & Hazardous
  • Organic & Non-Hazardous

Liquid Waste Management Industry Outlook (Revenue, USD Million, 2014 - 2025)

• Textile
• Paper
• Iron & Steel
• Automotive
• Pharmaceutical
• Oil & Gas
• Others

Liquid Waste Management Service Outlook (Revenue, USD Million, 2014 - 2025)

• Collection
• Transportation/Hauling
• Disposal/Recycling

Liquid Waste Management Country Outlook (Revenue, USD Million, 2014 - 2025)

• U.S.
• Canada
• France
• Germany
• Italy
• Spain
• U.K.
• Australia
• China
• India
• Japan
• South Korea
• Brazil

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.

The global biodegradable plastics market size is projected to reach USD 6.73 billion by 2025, according to a report by Grand View Research, Inc., rising at a CAGR of 12.8% during the forecast period. Increasing use of biodegradable plastics, owing to strict governmental laws for prohibiting use of conventional plastics, coupled with growing awareness among public towards ill-effects of plastic waste is stoking the growth of the market. The above factors are expected to spur biodegradable plastics market growth over the forecast period.

Biodegradable plastics are plastics which decompose in the environment within a reasonable period of time. Biodegradable plastics are made up of renewable raw materials. Many of these plastics require biodegradable additives to enhance biodegradation process and some may require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw material used and environmental conditions such as moisture and temperature.

The starch based segment lead the global biodegradable market. Starch based plastics are used in various applications such as packaging, consumer electronics, agriculture, automotive and textiles. PLA is also one of the most consumed biodegradable plastic type. It is used in 3D printing, mulch film, and packaging.

Packaging is the leading end use of biodegradable plastics. Ban on plastics by European Commission is anticipated to drive the segment over the forecast period. Novel applications of biodegradable plastics in the medical sector for drug encapsulation and medical surgeries are being increasingly practiced.

Around the world, people are facing grave issues of plastic waste as conventional plastics take hundreds of years to decompose. To tackle this issue several countries have banned use of single-use plastic products and are promoting use of eco-friendly biodegradable plastics. Ban of non-reusable conventional plastics in many regions around the globe, especially in Europe and North America is estimated to propel the global biodegradable plastics market.  Additionally, improving standard of living and increasing disposable income in developing countries are likely to augur well for the market in Asia Pacific and Central & South America.

Key players are investing in research and development activities in order to create improved products that are strong and can be easily decomposed in natural environment. Many of the companies have integrated through the value chain to serve customers better and improve profits of the company.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/biodegradable-plastics-market

Further key findings from the report suggest:

• The PHA segment is projected to expand at a noteworthy CAGR of 13.5% in terms of revenue during the forecast period
• The packaging is the largest end-use segment, followed by the agriculture sector
• Europe is the largest region in terms of value and volume. However, Asia Pacific is expected to emerge as the fastest growing region for biodegradable plastics.

Grand View Research has segmented the global biodegradable plastics market on the basis of type, end use, and region:

Biodegradable Plastics Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

• Starch Based
• PLA
• PBS
• PBAT
• PHA
• Others

Biodegradable Plastics End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

• Packaging
• Agriculture
• Consumer Goods
• Others

Biodegradable Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

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.

The global paint packaging market size is expected to be valued at USD 28.4 billion by 2025, advancing at a CAGR of 4.3% over the forecast period, according to a new report by Grand View Research, Inc. Significant increase in government spending in various countries on construction activities has triggered and necessitated the use of paint packaging products globally.

The market is expected to witness significant growth over the forecast period owing to an increase in infrastructure spending in emerging economies, most notably in Asia Pacific. For instance, infrastructure spending in Indonesia is expected to exceed USD 165 billion by 2025 and is backed by augmented government spending in the sector across this country. Another important factor bolstering the demand for these packaging products is the increasing instances of product launches led by prominent players operating in the market.

The intensity of rivalry in the market has demanded key players to improve their product offerings in order to stay ahead of the competition. For instance, in May 2018, Nippon Paint (India) Company Limited launched a new premium interior paint under Infinite Air brand. Similarly, Farrow & Ball, a Europe-based manufacturer, introduced nine new paint colors in its product portfolio. Such product launches have increased the product consumption, most notably paint cans & pails.

Asia Pacific has been witnessing a healthy surge in the product adoption rate in the recent years. The industry has been strengthened by an augmented demand for industrial and architectural paints in the region led by countries such as China, India, and Japan. Other key markets in this region include Thailand, Indonesia, and Vietnam. Rising demand for this packaging in these countries is attributable to high adoption of innovative paint products by prominent manufacturers. Some of the key manufacturers driving the demand for paint packaging products in the aforementioned countries include Asian Paints, Kansai Nerolac Paints, and Berger Paints India Limited.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/paint-packaging-market

Further key findings from the report suggest:

• In terms of material, metals emerged as the largest segment in 2018, registering a revenue of USD 9.7 billion. The segment is expected to advance at a CAGR of 3.5% over the forecast period
• Cans & pails emerged as the largest product segment in 2018, with a market share of 77.7% in 2018. Among various factors associated with the growing popularity of cans & pails, increasing adoption of plastic cans has emerged as the key factor driving the overall industry
• Professional segment was the dominant end-use segment in the industry with a high consumption of larger formats of paint packaging containers
• Asia Pacific is expected to retain its top position in the industry throughout the forecast period. Architecture industry continues to provide impetus to the Asia Pacific paint packaging market, which is underpinned by increased consumption of both interior and exterior paints
• China market is anticipated to progress at a CAGR of 3.9% over the forecast period. The demand for the packaging in the country has been driven by increased application of paints in large-scale construction projects
• The market represents a highly competitive landscape with prominent players sharing the market space. Capacity expansion has been one of the popular strategies employed by the key players
• Key market participants include Amcor Ltd., Ball Corporation, Mondi Plc, Smurfit Kappa, Crown Holdings, Inc., HUBER Packaging Group GmbH, and RPC Superfos among others.

Grand View Research has segmented the global paint packaging market on the basis of material, product, end use, and region.

Paint Packaging Material Outlook (Revenue, USD Million, 2014 - 2025)

• Metals
• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Others

Paint Packaging Product Outlook (Revenue, USD Million, 2014 - 2025)

• Cans & Pails
• Pouches
• Bottles
• Others

Paint Packaging End Use Outlook (Revenue, USD Million, 2014 - 2025)

• Professional
• Consumer

Paint Packaging Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

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.

The global flat glass coatings market size is expected to reach USD 4.48 billion by 2025, according to a new study by Grand View Research, Inc. It is anticipated to register a 20.2% CAGR over the forecast period. Massive demand for mirror and glass facades from commercial and residential sectors coupled with adoption from automotive and transportation sector is likely to drive demand over the forecast period.

Rising adoption of solar installations along with demand for environment-friendly renewable sources of energy are anticipated to drive demand for solar panels, augmenting flat glass coatings market. Moreover, rising awareness for energy conservation, self-sufficiency, and favorable government regulations are anticipated to further drive demand from architectural applications over the years to come. Countries such as Italy, U.K., U.S., Japan, China, India, and Germany featuring unilateral legislations to the Kyoto Protocol, aimed at reducing the greenhouse gas (GHG) emissions is also anticipated to promote market growth.

Water-based technology is anticipated to maintain its dominance in terms of market share over the forecast period. Wide usage owing to its high strength and premium quality is anticipated to be the primary driving factor for this segment. Overall performance of coating primarily depends on utilization of raw materials such as pigments, resins, and additives. However, nano-based technology is expected to ascend at a promising rate in near future on account of growing preferences for advanced materials in the manufacturing industry.

Growing need for utilization of sustainable energy, reduction in carbon footprint, and favorable government policies targeted at reducing consumption of fossil fuel are likely to propel growth of the solar power sector. Solar module industry is anticipated to register major demand for flat glass coatings in solar projects.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/flat-glass-coatings-market

Further key findings from the repot suggest:

• Asia Pacific was the dominant regional segment and is expected to register the fastest volume-based CAGR of 19.9% over the forecast period. Rising infrastructural investments and favorable regulations are the major regional market drivers
• China was the leading player on account of its burgeoning automobile industry, coupled with massive infrastructural investments targeted to meet needs from residential sector
• Epoxy resins held a considerable revenue share on account of its unique properties such as mechanical strength, high thermal stability, electrical and heat resistance, adhesion, and mechanical resistance
• Key participants in the global flat glass coatings market include Arkema Inc.; Fenzi Spa; Ferro Corporation; Hesse Gmbh & Co. Kg; The Sherwin-Williams Company; and Vitro, S.A.B. de C.V
• In October 2016, Vitro, S.A.B. de C.V decided to expand its coating production capability along with the construction of MSVD glass coater. These coaters are utilized to produce low emissive, and performance and energy efficient glass.

Grand View Research has segmented the global flat glass coatings market on the basis of resin, technology, application, and region:

Flat Glass Coatings Resin Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Polyurethane
• Acrylic
• Epoxy
• Others

Flat Glass Coatings Technology Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Solvent-based
• Water-based
• Nano-based

Flat Glass Coatings Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Solar Power
• Mirror
• Architectural
• Automotive & Transportation
• Other

Flat Glass Coatings Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • U.K.
  • Turkey
  • Italy
  • Netherlands
  • Belgium
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • Taiwan
  • South Korea
  • Vietnam
• Central & South America
  • Brazil
  • Chile
• Middle East & Africa
  • Saudi Arabia
  • South Africa

About Grand View Research

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