Wednesday, 18 July 2018

Spiraling demand for vegan cosmetics is Likely to Stir Up the Demand for Vegan Cosmetics Market

The global vegan cosmetics market size is projected to reach USD 20.8 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.3% during the forecast period. Spiraling demand for vegan cosmetics among millennials is one of the primary growth stimulants of the market.

vegan cosmetics

Rapidly changing cosmetic trends are affecting global marketplace as most of the consumers find cruelty towards animals unethical and are spreading awareness against this act. Moreover, embracing natural substitutes such as plant-based personal care products is working in favor of the market.

Use of animal products such as hair, fur, and others is banned in few countries of developed region such as Europe. This, in turn, is poised to boost the growth of the market. In addition, growing popularity of safer and naturally derived cosmetics is anticipated to augment the market. Increasing concerns regarding health & safety, consumer awareness about use of animal-tested products, and rising importance given to environmentally viable products are likely to stir up the demand for vegan cosmetics.

E-commerce retail spaces have gained tremendous momentum over the last few years owing to ease of product selection and easy order placing and delivery. With the advent of products in 2011, China recorded more than 65.0% hit in online vegan cosmetics sale, owing to shift in consumer shopping experience from hypermarkets and specialty stores to E-commerce platforms.

Major cosmetics manufacturing companies across the globe are realizing the importance of making products that use ingredients, which are mineral-based or plant-based, rather than manufacturing products that are infused with animal extracted ingredients. Vegan cosmetics are gaining popularity due to their superior properties.

In depth research report on Vegan Cosmetics Market

Further key findings from the report suggest:

·       Choices in cosmetics available to vegan have rapidly expanded in past few years with new brands launching and existing brands choosing to launch new ranges of vegan products or even go completely vegan

·       Skin care products dominated the market in terms of revenue, with a share of over 36.0% in 2017, owing to consumer preferences across diverse regions

·       E-commerce is estimated to register a CAGR of 7.4% over the forecast period owing to ease of product selection and availability of wide range of products and promotional offers

·       The U.S. vegan cosmetics market is expected to exceed USD 3.16 billion by 2025, owing to presence of various manufacturers and suppliers of vegan cosmetics

·       The market for vegan cosmetics is highly competitive due to presence of a number of international companies with diverse product portfolios

·       Some of the key companies present in the market are Zuzu Luxe, Ecco Bella, Bare Blossom, Emma Jean Cosmetics, Modern Mineral Makeup, Urban Decay, Arbonne, Pacifica, Nature’s Gate, Beauty Without Cruelty, Billy Jealousy, and MuLondon Organic                                                                                                                       

Grand View Research has segmented the global vegan cosmetics market on the basis of product and sales channel.

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

·       Skin Care

·       Hair Care

·       Makeup

·       Others

Vegan Cosmetics Sales Channel Outlook (Revenue, USD Million, 2014 - 2025)

·       E-commerce

·       Hypermarket/Supermarket

·       Departmental Stores

·       Specialty Stores

·       Others

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, 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/

Wednesday, 4 July 2018

Acrylonitrile Butadiene Styrene (ABS) is Widely Used in Automotive Interior Components

The global acrylonitrile butadiene styrene (ABS) market size is projected to reach USD 34.88 billion by 2022, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.1% over the forecast period. Increasing demand for lightweight automotive parts is likely to be a major factor driving market growth over the forecast period. Increasing use of the product in consumer goods, appliances, automotive ancillaries, and construction owing to light weight and high strength is also likely to contribute to market growth.


Acrylonitrile Butadiene Styrene

One of the major reasons behind increasing demand for lightweight automotive materials is need to reduce CO2 emissions. According to the International Energy Agency (IEA), greenhouse gas emissions are expected to reach 3.1 metric gigatons by 2020. This is likely to propel demand for lightweight parts in the automotive industry, which in turn, is estimated to drive demand for the product over the forecast period.

Growing product demand in the automotive sector in various countries including South Korea, India, Malaysia, and Indonesia is likely to fuel market growth over the forecast period. High sales of commercial cars, passenger cars, and motorcycles are expected to promote industry expansion in the near future.

Acrylonitrile butadiene styrene (ABS) is widely used in automotive interior components such as trims, center console, interior grills, headliners, and exterior and interior mirrors. The growing automotive industry is likely to have a positive impact on market growth over the forecast period.

In depth research report on Acrylonitrile Butadiene Styrene Market 

Further key findings from the report suggest:

·       China accounted for a major revenue share in the global market owing to increase in vehicle production in the country. It is projected to witness a CAGR of 7.6% in terms of revenue over the forecast period

·       Rest of Asia is likely to expand at a CAGR of 7.5% in terms of revenue from 2015 to 2022 owing to increasing construction activities in emerging economies in the region

·       Demand for the product is likely to witness a CAGR of 5.7% in terms of volume in the electrical and electronics application. The product is widely used in this sector due to its insulation property

·       The construction segment is likely to witness a CAGR of 7.9% in terms of volume over the forecast period owing to increasing construction activities across the globe

·       LG Chemical, Styrolution, and Chi Mei Corporation were the major players in the market in 2014.

Grand View Research has segmented the global acrylonitrile butadiene styrene market on the basis of application and region:

Acrylonitrile Butadiene Styrene Application Outlook (Volume Kilotons, Revenue, USD Million, 2012 - 2022)

·       Appliances

·       Automotive

·       Consumer Goods

·       Construction

·       Electrical And Electronics

·       Others

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, 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/

Flat Glass Market Size is Projected to Reach USD 124.14 Billion by 2022

The global flat glass market size is expected to reach USD 124.14 billion by 2022, according to a new report by Grand View Research, Inc., posting a CAGR of 7.1% during the forecast period. Robust growth of the building and construction sector in developing countries is expected to be a key factor propelling the market.


Flat Glass

Glass is increasingly being used in construction applications. Tempered glass, in particular, is being employed in roofing applications as well as in manufacturing of glass windows. In developing countries, tempered glass is replacing standard glass in roofing applications on account of its high strength properties.

Furthermore, numerous car manufacturers employ tempered glass in production of windows for automobiles. Its increasing adoption can be attributed to its tendency of not breaking into small parts as opposed to standard glass, which leaves back sharp pieces on breakage, which could lead to serious human injuries and possible life threats.

The commencement of 12th Five Year Plan of Civil Aviation Administration of China (CAAC) resulted in construction of 56 new airports and expansion of 16 airports, thereby boosting the construction sector in the country. China’s sustained demand for industrial, residential, and infrastructural expansion has generated substantial demand for flat glasses.

Strong economic growth coupled with removal of barriers for foreign investment in India is expected to spur construction demand over the coming years. Vietnam and the Philippines are also becoming increasingly attractive markets owing to rising population, rapid urbanization, and strong economic growth.

Soda ash and silica sand are the key raw materials used in manufacturing of flat glass. Natural gas is a dominant fuel used in glass production. Turbulence in price and availability of natural gas is a major factor deterring the growth of the market.

In depth research report on Flat Glass Market

Further Key Findings from the Report Suggest:

·       The global flat glass market is anticipated to reach 112,445.0 kilotons by 2022, at a CAGR of 6.4% from 2015 to 2022

·       In terms of revenue, laminated glass segment is projected to register a CAGR of 7.7% over the forecast period

·       Construction application dominated the market with a share of over 79.0% in 2014

·       The North America flat glass market is anticipated to exceed 23,725.9 kilotons by 2022

·       Europe is projected to witness a remarkable CAGR of 5.9% over the forecast period, owing to increasing demand for construction activities in the region

·       Asian countries, especially India and China, are expected to observe remarkable growth over the forecast period

·       The market is partially consolidated and competitive in nature, with presence of global multinational players

·       Some of the key companies present in the market are Guardian Industries, AJJ Ltd., Cardinal, Independent Co. Ltd., OldCastle, NSG Group, Saint Gobain, AGC, and PPG Industries.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, 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/

Fertilizer Additives Market Is Projected to Reach USD 3.94 billion by 2024 : Grand View Research, inc.

The global fertilizer additives market size is expected to reach USD 3.94 billion by 2024, according to a new report by Grand View Research, Inc., registering a 3.2% CAGR during the forecast period. A booming fertilizer industry is expected to have a positive impact on the fertilizer additives market growth.

Fertilizer Additives

Agriculture has been the backbone of several developing countries such as India and China. In fact, growth of the Indian economy can be attributed to the expansion of the agriculture sector and its related industries. The market size of agriculture and allied activities in India rose from USD 132.7 billion in the financial year 2014 to USD 259.2 in the financial year 2015. This tremendous growth was due to increased agricultural output. Rising use of fertilizers was one of the major reasons for this boom in output.

Agriculture is an important sector in the French economy as well. Around 60.0% of the land in France is used for agriculture and related activities. It is one of the largest producers of cereals, oilseeds, milk, and sugar beets. The reform of Common Agricultural Policy was passed in France, which was aimed at maintaining environmental balance, while indulging in agricultural activities. In 2015, this country accounted for more than 18.0% of the European fertilizer additives market.

 In depth research report on Fertilizer Additives Market

Further key findings from the report suggest:

·       In terms of revenue, the anti-caking agent function is anticipated to reach USD 1,510.5 million by 2024

·       In terms of revenue, the anti-dusting agents segment is projected to expand at a CAGR of 3.3% over the forecast period

·       By end product, urea dominated the global fertilizer additives market with a share of 55.6% in 2015

·       The North America fertilizer additives market is anticipated to exceed USD 552.0 million by 2024

·       Asia Pacific is projected to witness a CAGR of 3.5% over the forecast period, owing to rapid developments in the agriculture sector

·       Market players adopt strategies such as mergers and acquisitions, expansions, new product developments, joint ventures, and collaborations in order to increase their market share

·       Some of the key companies present in the market are Clariant, KAO Corporation, Novochem Group, Filtra Catalysts & Chemicals Ltd., Solvay, Arrmaz, Liven Agrichem Pte Ltd., Forbon Technology, Michelman, Tolsa Group, ChemSol, LLC, and Amit Trading Ltd.                                                                                                                 

Grand View Research has segmented the global fertilizer additives market on the basis of end product, function, and region:

Fertilizer Additives End Product Outlook (Revenue, USD Million, 2013 - 2024)

·       Urea

·       Ammonium Nitrate

·       Ammonium Phosphate

·       Ammonium Sulfate

·       Others

Fertilizer Additives Function Outlook (Revenue, USD Million, 2013 - 2024)

·       Corrosion Inhibitors

·       Hydrophobic Agents

·       Anti-dusting Agents

·       Anti-caking Agent

·       Others

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, 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/

Tuesday, 3 July 2018

Rigid Packaging Market is Projected to Reach USD 848.71 Billion by 2025

The global rigid packaging market size is projected to reach USD 848.71 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.7% during the forecast period. Increasing demand for sustainable packaging is expected to augment the market over the forecast period.

Rigid Packaging

Packaging is a process of protecting and enclosing goods for storage, distribution, and sale. Rigid packaging is a type of packing which is characterized by high stiffness, impact strength, and barrier properties. It is offered in several forms, including jars, containers, bottles, and cans.

Raw materials required for manufacturing of rigid packing include metals, paper & paperboard, glass, and plastic. Suppliers of these materials are present worldwide, making the market fragmented. Rio Tinto and Alcoa are some of the key suppliers of metals such as aluminum, while ArcelorMittal is the largest steel manufacturer in the world.

Final products are sold by distributors, retailers, and wholesalers. Major players in this stage include Packaging Supplies Ltd., Packing Suppliers of America, Paper Mart, and Packaging Centre. Some of the manufacturers have adopted integration wherein they sell the products through exclusive outlets.

Rigid packaging accounted for over 80.0% of the total packing industry in 2016. However, flexible packing offers more advantages as compared to rigid ones such as lightweight, energy savings, small pack size, ease of transportation & storage, and convenient disposal. Hence, the flexible packing market is expected to make inroads in the rigid packaging market in the coming years.

In depth research report on Rigid Packaging Market

Further Key Findings from the Report Suggest:

·       In terms of materials, plastics dominated the market in 2015 and it is anticipated to witness a CAGR of 6.4% in terms of volume over the forecast period

·       Paper & paperboard is expected to register a CAGR of 7.1% in terms of revenue during the same period. Recyclability of the material has made it the most commonly used product in the industry

·       The personal care application segment is anticipated to rise at a CAGR of 6.3% in terms of revenue over the coming year due to increasing demand for personal care products

·       Asia Pacific is estimated to post a CAGR of 7.6% in terms of revenue from 2016 to 2025 due to increasing demand from China and India

·       In August 2016, Berry Plastics Group, Inc. acquired AEO Industries Inc. in the U.S. This acquisition strengthened the company’s position in the North America market.

Grand View Research has segmented the global rigid packaging market report on the basis of material, application, and region:

Rigid Packaging Material Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 - 2025)

·       Plastic

·       Metal

·       Paper & Paperboard

·       Glass

·       Bioplastic

Rigid Packaging Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 - 2025)


·       Food & beverages

·       Pharmaceuticals

·       Personal care

·       Others

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, 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/

Wednesday, 20 June 2018

Automotive Tinting Film: For Better Heat Protection and Driving Comfort

Growing requirement for protection from heat, dust, and UV rays inside vehicles is anticipated to propel demand for automotive tinting film. Such film spreads, being made from thermoplastic polymer resin, can be installed easily on the interiors and exteriors of glass surfaces of four wheelers. Proper filming prevents external heat to enter the vehicle and keeps the inner temperature favorable for the travelers.


Automotive Tinting Film

New Tinting Film to Reject More Heat

Major application variants for automotive tinting film are windows and windshields. In the coming years, windows segment is likely to exhibit a healthy CAGR of 5 % during the forecast period (from 2018 to 2025). To cater to rising product demand, most companies in this field are offering advanced tinting films to cover windows in vehicles.

For instance, 3M company recently introduced a new crystalline series under automotive window film category. The tinting films in these can reject more heat than the conventional dark films without changing the appearance of that vehicle. It can also enhance the travelers’ view by allowing enough light to enter the vehicle while preventing heat and UV rays.

Market Insights

The global automotive tinting film market is estimated to reach at USD 4.48 billion by 2025, according to a research report published by Grand View Research, Inc. Growing demand for vehicle modification in order to improve its aesthetic value is expected to impel the market growth over the coming years. Rise in atmospheric temperature due to global warming is also anticipated to propel the market demand in future. Increasing use of tint films to protect the interiors of vehicles from UV rays, glare, and heat is likely to stimulate the growth of this market.

Moreover, growing number of privately-owned cars owing to high disposable income can also foster the market in the next few years. Awareness regarding the benefits of using tinting films in shielding expensive automotive paints may also have a major impact on the market demand. Some of the leading companies offering automotive tinting films are Avery Dennison Corporation, 3M Company, Lintec Corporation, Saint-Gobain Performance Plastics, and Eastman Chemical Company.

In-Depth Research Report On Automotive Tinting Film Market:
https://www.grandviewresearch.com/industry-analysis/automotive-tinting-film-market

Tuesday, 12 June 2018

Natural Wax: A Potential Alternative to Mineral and Synthetic Wax

Growing requirement of food packaging owing to increasing consumption of packed food is anticipated to propel demand for wax. Wax offers useful characteristics such as heat resistance and water repellence. Effective use of these properties of wax in the manufacturing of food packaging can fuel its demand. Synthetic wax, mineral wax, and natural wax are the prominent types of wax, among which natural wax is emerging as an effective substitute for the other two. Prominent applications areas for wax include application candle making, packaging, cosmetics & toiletries, adhesives & coatings, fire logs, plastic & rubber, and many more.

Natural Wax

Rising Demand for Different Types of Candles to Fuel Product Demand

In 2016, the candle segment was valued at USD 3.36 billion. It is expected to witness a significant growth in the coming years owing to a wide range of products such as birthday candles, utility candles, and floating candles. Increasing number of distribution channels can also fuel the product demand in this segment in the next few years.

Most companies are offering advanced form of wax candles to cater to the changing demand of consumers. For instance, Kendra Scott recently introduced its new range of candles induced with different scents. The rose quartz candle is offers fragrance of rose petals and wild peony. The malachite candle is expected to offer fragrance of warm amber and exotic frankincense. While, Amethyst candle can offer lilac blossoms and blackberry.

Market Insights

According to a recent report by Grand View Research Inc, the global wax market is anticipated to reach at USD 12.9 billion by 2025. High demand for wax candles in rural areas, owing to the lack or absence of electricity, is expected to spur market growth in the coming years. Growing acceptance of wax as an insulator in electronic and electrical instruments can further stimulate growth of the market.

Increasing use of wax to manufacture cosmetic products owing to effective skincare properties is also anticipated to propel growth of the market. Increasing adoption of wax in food packaging due to its excellent characteristics can also fuel market growth during the forecast period (from 2017 to 2025). Some of the leading companies offering high-quality wax are The International Group, Inc., Evonik Industries AG; Mitsui Chemicals; BASF SE; and Baker Hughes Incorporated.

In-Depth Research Report On Automotive Appearance Chemicals Market:
https://www.grandviewresearch.com/industry-analysis/wax-market