Wednesday, 11 September 2019

Melt-Blown Polypropylene Filters Market Share 2019-2025: Grand View Research, Inc.

12-Sep-2019: The global melt-blown polypropylene filters market size is expected to reach USD 2.8 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to witness a CAGR of 8.3% during the forecast period. Rising demand for nonwoven filter media in water purification, in developing countries, such as China and India, is expected to be the major factor driving the global market. Both countries are expected to increase their desalination capacity by about 10 million liters per day in the coming decade.

Melt-Blown Polypropylene Filters Market

Rising concerns about health risks associated with drinking contaminated water are projected to benefit the global market. The increasing scarcity of water is driving the demand for water desalination projects. As per a report published in 2016 by the International Desalination Association, there were about 17,000 desalination plants located across 150 countries, which provide safe drinking water to over 300 million people worldwide. In food & beverages segment, melt-blown polypropylene filters are used for the processing of fruit juices and soft drinks to ensure the purity of the product.

Rising awareness about high-efficiency filtration procedures among F&B manufacturers is projected to propel market growth over the next few years. The 3M Company, Parker Hannifin Corp., Pall Corp., Eaton Corp. plc, Lenntech B.V., and Suez SA are some of the leading melt-blown polypropylene filter manufacturing companies. American Melt Blown & Filtration, Shanghai Melko Filtration Co., Ltd., and Delta Pure Filtration are some of the key product distributors.

In depth research report on Melt-Blown Polypropylene Filters Market

Further key findings from the study suggest:

·       Liquid media segment accounted for revenue share of 79.1% in 2017 owing to increased water consumption for industrial purposes

·       Air media segment is expected to witness a CAGR of 8.0%, increasing awareness about clean air is expected to benefit the overall market growth

·       Water and wastewater application segment is expected to register the fastest CAGR over the forecast period owing to increased desalination projects in emerging countries, such as China, India, Kenya, Morocco, Egypt, and Saudi Arabia

·       M&A, product differentiation, and partnerships with raw material suppliers are the key strategies adopted by major companies to strengthen their market position

·       For example, in 2017, Suez completed the acquisition of GE Water & Process Technologies and became one of the major companies in industrial water service sector

Grand View Research has segmented the global melt-blown polypropylene filters market on the basis of media, application, and region:

Melt-Blown Polypropylene Filters Media Outlook (Revenue, USD Million, 2014 - 2025)

·       Liquid

·       Air

Melt-Blown Polypropylene Filters Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Food & Beverages

·       Water & Wastewater

·       Chemical

·       Pharmaceuticals

·       Oil & Gas

·       Others

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About Grand View Research

Grand View Research, Inc. is the 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 market analysis reports, please visit: http://www.grandviewresearch.com/

Cocoa Beans Market Value & Demand, 2015-2025 - Grand View Research, Inc.

12-Sep-2019: The global cocoa beans market size is expected to reach USD 16.32 billion by 2025 registering a CAGR of 7.3%, according to a new report by Grand View Research, Inc. Growing popularity of cocoa beans as polyphenolic functional ingredient on account of their health benefits, such as reduced inflammation and risk of Cardiovascular Diseases (CVDs), better blood circulation, and improved cholesterol levels, is projected to remain a favorable factor. Furthermore, increasing usage of organic personal care products due to their long-lasting skin care benefits is expected to boost the demand for cocoa beans in the cosmetics sector, thereby driving the global market.

Cocoa Beans Market

Increasing usage of cocoa butter as functional ingredient in the formulation of chocolates is also expected to be one of the key factors augmenting market growth. In addition, new product launches in premium categories including dark chocolate by major confectionery firms like Mondelēz International, Inc. is projected to expand the application scope of the product, thereby supporting market growth. On the other hand, pharmaceuticals is expected to remain the fastest-growing application segment with a CAGR of 8.1% from 2019 to 2025.

In depth research report on Cocoa Beans Market

Further key findings from the study suggest:

·       Europe is expected to be the second fastest-growing regional market with a CAGR of 7.9% from 2019 to 2025

·       Positive outlook towards confectionery industry in countries including Germany, U.K., and France on account of higher consumption of chocolate (more than 5 kg per annum) is expected to have a positive impact on the region’s growth

·       Online channels generated a revenue of USD 1.93 billion in 2018 and is projected to be the fastest-growing distribution channel segment from 2019 to 2025

·       Rising popularity of e-commerce portals, such as Amazon and Chocolate Alchemy, due to increasing number of smartphone users is the key factor driving the cocoa beans market growth

·       Key companies include The Hershey Company; Cargill, Inc.; The Barry Callebaut Group; Puratos Group; Blommer Chocolate Company; Cemoi; Meiji Holdings Company; United Cocoa Processor, Inc.; and Jindal Cocoa

·       Manufacturers are targeting to achieve optimum business growth by implementing innovative strategies including new product development and significant investments in R&D

Grand View Research has segmented the global cocoa beans market on the basis of product, application, distribution channel, and region:

Cocoa Beans Product Outlook (Revenue, USD Billion, 2015 - 2025)

·       Butter

·       Powder

·       Liquor

Cocoa Beans Application Outlook (Revenue, USD Billion, 2015 - 2025)

·       Confectionery

·       Functional Food & Beverage

·       Pharmaceuticals

·       Cosmetics

Cocoa Beans Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

·       Online

·       Offline

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About Grand View Research

Grand View Research, Inc. is the 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 market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 9 September 2019

Fragrance Market will Grow due to Awareness Regarding Cleanliness and Personal Hygiene

10-Sep-2019: The global fragrance market size is expected to reach USD 91.17 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.7% over the forecast period. Rising awareness regarding cleanliness and personal hygiene among middle-class income groups in the emerging economies including India, China, Thailand, Vietnam, and Brazil is expected to expand the scope of fragrances over the forecast period.

Fragrance Market

Personal care is anticipated to emerge as prominent application segment owing to increasing demand for the products including perfume, deodorants, soap, talcum powder, cream, and hair oil. Moreover, rising demand for car and room fresheners coupled with the popularity of aromatherapy in households is anticipated to further fuel the growth. In addition, hospitality has become one of the emerging sectors for fragrances owing to their rising usage to create a pleasant environment. The sector has significant demand for different kinds of fragrances including jasmine, lavender, and eucalyptus which boost up consumers’ mood and create a lively environment.

North America was the largest market in 2018, generating a revenue exceeding USD 20 billion. Major manufacturers are adopting strategies such as new product launch and mergers and acquisitions. For instance, in 2017, Coty Inc. signed an agreement to buy 60% of the stakes of the Younique, LLC, a company dealing in direct sales exclusively through the social media and online platforms.

Key market participants are L’Oréal Group; Unilever; The Procter & Gamble Company; Kering S.A.; CHANEL International B.V.; LVMH Group; Givaudan; Revlon Inc.; Firmenich International SA; Estee Lauder Companies Inc.; Coty Inc.; and Giorgio Armani S.p.A. Some of the manufacturers are focusing on R&D of organic products to expand the product portfolio. For instance, in June 2018 Elsa’s Organic Skin Foods, a U.K. based company, launched Ocean Natural Deodorant Crème. The product is a silk to powder deodorant balm contains natural antibacterial such as Rose Geranium, Tea Tree, and Patchouli.

In depth research report on Fragrance Market

Further key findings from the report suggest:

·       Personal care application led the global fragrance market, with a revenue share of over 47.8% in 2018

·       Online channels are expected to account for 8.2% of the global share by the end of 2025

·       North America led the market in 2018, accounting for 33.9% of the global share

·       New product launches, mergers and acquisitions, and capacity expansion are expected to remain the key strategies among the industry participants over the forecast period.

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

Fragrance Product Outlook (Revenue, USD Billion, 2015 - 2025)

·       Deodorants

·       Perfumes

·       Others

Fragrance Application Outlook (Revenue, USD Billion, 2015 - 2025)

·       Personal Care

·       Household Care

·       Others

Fragrance Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

·       Offline

·       Online

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About Grand View Research

Grand View Research, Inc. is the 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 market analysis reports, please visit: http://www.grandviewresearch.com/

Adhesives and Sealants Market - Growth, Trends and Forecast (2019-2025)

10-Sep-2019: The global adhesives and sealants market size is expected to reach USD 82.4 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.6% during the forecast period. High demand for adhesives and sealants from construction, packaging, assembly, and automotive sectors coupled with their rapidly expanding application scope are the significant factors stimulating the growth.

Adhesives and Sealants Market

The market has witnessed a significant rise in R&D spending with companies focusing on developing bio-based alternatives due to stern environmental policies. Soybean-derived polyols, vegetable oil-based polyamides, epoxies, and polyisoprenes are the major bio-based adhesives and sealants. However, their cost of production is higher than conventional adhesives, which poses a limitation on their adoption rates.

Water-based adhesives segment captured the highest market share in 2017 owing to environment-friendly product formulation. In addition, the zero emissions of Volatile Organic Compounds (VOCs) by these products is a prominent factor that is expected to propel demand in near future.

Fast paced lifestyle along with the growing middle class population is driving growth of the packaging sector in Asia Pacific. This is expected to boost the adhesives and sealants market as a large volume of adhesive consumption goes into packaging applications, such as carton boxes, envelopes, carton closures, cups, flexible packaging, specialty packaging, bags, and disposables.

Sealants find huge applications in construction industry owing to their quick seal abilities and longer endurance on substrates. Waterproofing sealants are majorly used for exterior applications, such as terrace, balcony and other building components. Tilting and several other sealants are particularly used in interior applications and owing to these vivid application scopes, these sealants have high penetration capacity across growing economies with huge building project funds and government aid.

Asia Pacific is expected to be the fastest growing region during the forecast period. Surge in automotive sector is expected to have a positive influence on regional market growth. Automotive companies are merging their businesses with the adhesives and sealants formulating giants to cut down their cost of procurement and to enhance their supply chain efficiency, and to reducing the operational time per unit production. Apart from the automotive sector, there is a significant demand for adhesives and sealants from plywood applications in the furniture industry, which further fuels market growth.

The market for adhesives and sealants has witnessed significant mergers and acquisitions in the recent past. The principal objective behind this strategy was to acquire a significant share in regional markets and reduce distribution costs. For instance, in March 2017, Avery Dennison Corporation announced the acquisition of Hanita Coatings, an Israeli manufacturer of pressure-sensitive materials like specialty films and laminates.

In depth research report on Adhesives and Sealants Market

Further key findings from the report suggest:

·       In terms of revenue, water based adhesives is predicted to witness the fastest CAGR of 6.5% over the forecast period, on account of environment friendliness and extensive utilization of the product in paper laminations, labeling, tapes, and bag manufacturing among other applications

·       Silicone led the sealants market in 2017 terms of volume share owing to superior resistance to weathering and aging of the product

·       Acrylic segment held the dominant market share of 35.7% in terms of volume in 2017, owing to its superior properties, such as high strength, environmental resistance, immediate tack, and capacity to bond on various substrates

·       In terms of revenue, the automotive application of sealants is predicted to witness the fastest CAGR of 6.8%, during the forecast period owing to rising automotive sales in Asia Pacific

·       Asia Pacific captured the highest market share of 42.7% in terms of revenue in 2017 owing to the significant growth of end-use industries like construction, automotive, and packaging

·       The global adhesives and sealants market is highly fragmented in nature with over 65% share occupied by medium and small enterprises.

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

Adhesives Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Water based

·       Solvent based

·       Hot melt

·       Reactive & other

Adhesives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Acrylic

·       PVA

·       Polyurethanes

·       Styrenic block

·       Epoxy

·       EVA

·       Other

Adhesives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Pressure sensitive applications

·       Packaging

·       Construction

·       Furniture

·       Footwear

·       Automotive

·       Other

Sealants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Silicones

·       Polyurethanes

·       Acrylic

·       Polyvinyl acetate

·       Other

Sealants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Construction

·       Automotive

·       Packaging

·       Assembly

·       Pressure sensitive tapes

·       Consumers

·       Other

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About Grand View Research

Grand View Research, Inc. is the 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 market analysis reports, please visit: http://www.grandviewresearch.com/