Wednesday, 9 October 2019

Research Department Explosive (RDX) Market Hit USD 14.5 Billion by 2030: Grand View Research, Inc.

10-October-2019: The research department explosive market size in North America and Europe is expected to reach USD 14.5 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 2.8% over the forecast period. The market is anticipated to be driven by proliferating defense spending and growing military activities in upcoming years.

Research Department Explosive (RDX) Market

Increasing demand for mining industry across the U.S. will fuel the product growth across North America. Rising construction and infrastructure development activities across Europe is another factor driving industry growth. The military industry across these regions is also expected to witness a significant growth over the next few years on account of growing security concerns.

Pyrotechnics is one of the key application segments in North America. It contributed around 15% of overall demand in 2016. These are highly effective irritant devices, which eject small loads of irritant submunitions from a single projective.

North America and Europe Research Department Explosive (RDX) market participants are adopting various strategic initiatives such as expansion of product portfolio, new product development as well as mergers & acquisitions. Companies are spending extensively on R&D activities in order to develop innovative products to aid defense forces and cater to ever-increasing product demand.

Increasing demand for rare earth metals and minerals is expected to grow over the next few years. Usage of RDX in mining industry coupled with Increasing demand for rare earth metals and minerals is expected to assist the market growth over the forecast period.

 In depth research report on Research Department Explosive (RDX) Market

Further key findings from the report suggest:

·       The North America and Europe Research Department Explosive (RDX) market is anticipated to reach 2.2 million tons by 2030, at a CAGR of 2.5% from 2019 to 2030

·       Military application in North America is projected to ascend at a CAGR of 2.9% over the forecast period

·       Civilian application accounted for a market share of around 30% in 2018 in Europe

·       The U.S. RDX demand is anticipated to exceed 990 kilo tons by 2030

·       North America is projected to witness a remarkable growth rate of 2.8% over the forecast period, owing to the rising supply and demand of various fireworks such as recreational fireworks, powder-actuated nail guns

·       Some of the key companies present in the market are Eurenco, Chemring Nobel, Prva Iskra- Namenska a.d., BAE Systems, Nitro Chem S.A., Austin Powder Company, EPC Groupe, LSB Industries Inc., Ensign Bickford Company, Dyno Nobel

Grand View Research has segmented the Research Department Explosive Market report on the basis of application and region:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2030)

·       Military

·       Melt cast & pressed explosives

·       Cast PBX

·       Pyrotechnics

·       Others

·       Civilian

·       Fireworks

·       Demolition blocks

·       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/

Adhesives & Sealants for Insulated Glass Market Expanding at a CAGR of 6.7%

10-October-2019: The global insulated glass adhesives & sealants market size is expected to reach USD 8.29 billion by 2025 expanding at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. Rising demand for high-performance adhesives from automotive and construction sector is anticipated to drive the market growth. Insulated glass is extensively used in windows, doors, and windshield. Adhesives & sealants are used to fix insulated glass unit to an assembly. They help restrict the penetration of air, liquid, and solid particles and provide stability and strength to the unit. The high bonding speed, superior thermal stability, and extreme weather resistance offered by these adhesives are expected to augment their demand further.

Adhesives & Sealants for Insulated Glass Market

Rising spending in the construction sector, especially in emerging economies of Asia Pacific and Middle East, owing to growing population and robust economic development is expected to positively impact the product penetration. The construction industry, especially in China and India, is estimated to grow at a significant rate owing to increasing demand for housing infrastructure. For instance, India has a requirement of investments worth USD 777.73 billion in infrastructure by 2022. This is expected to provide lucrative opportunities for the market. Polyurethane (PU) sealant acquired the highest market share in 2017 for bonding insulated glass. These high-grade solutions possess great impact and chemicals resistance. They are widely utilized across several industries, such as construction and automotive.

It requires a catalyst or an evaporation process with the help of air or heat, to complete the curing process. However, PU adhesives & sealants have some constraints like short shelf-life due to water absorption tendency and lengthy curing process. Silicone sealants segment is predicted to expand at the fastest CAGR during the estimate period on account of fast bonding speed and extreme weather resistance offered by these sealants. Silicone is considered as an ideal sealant for the colder temperature. Moreover, the longer lifespan as opposed to PU sealants is expected to drive the segment. Latin America is poised to witness significant growth in coming years. Booming automotive industry and increasing construction activities in the region are expected to drive the growth.

In addition, Latin American countries, such as Brazil, Mexico, and Argentina, are emerging as automobile manufacturing hubs owing to flexible regulations and availability of cheap labor. Major companies who have consolidated the market include Huntsman Corp., Henkel AG & Co. KGaA, Dow Corning, 3M Company, and Commerling. Acquisition and expansion are the key strategic initiatives undertaken by most of these companies to improve their market share and sustain competition. For instance, in January 2017, Momentive Performance Material acquired Sea Lion Technology, a U.S.-based chemical manufacturer. The deal comes as a part of business strategy to expand their silane manufacturing capacity.

In depth research report on Adhesives & Sealants for Insulated Glass Market

Further key findings from the study suggest:

·       Polyurethane led the insulated glass adhesives & sealants market in 2017 with a revenue share of 31.9% owing to low cost and strong adhesion properties

·       In terms of volume, silicones are likely to witness the fastest CAGR over the forecast period due to high thermal stability and quick bonding speed offered by them

·       In terms of revenue, automotive & transportation segment is estimated to register the fastest CAGR of 7.2% from 2018 to 2025

·       Asia Pacific acquired the highest volume share of the global market in 2017 owing to rapid industrialization and increased construction activities in the region

·       Acquisition is a key strategy undertaken by the manufacturers to expand their product portfolio and gain competitive advantage

Grand View Research has segmented the global insulated glass adhesives & sealants market on the basis of resin type, end use, and region:

Insulated Glass Adhesives & Sealants Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Polyisobutylene

·       Polysulfide

·       Polyurethane

·       Silicone

·       Acrylic

·       Hot-melt

·       PVC

·       Butyl

·       Epoxy

Insulated Glass Adhesives & Sealants End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Building & Construction

·       Automotive & Transportation

·       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/

Tuesday, 17 September 2019

Diabetic Footwear is Use to Protect the Feet from Fungal Infection

18-Sep-2019: The global diabetic footwear market size is expected to reach USD 9.65 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.6% during the forecast period. Rising importance of specialty footwear which improve the lower body posture and protect the feet from fungal infection is expected to remain a favorable factor. Furthermore, rising concerns over adverse effects associated with obesity are expected to promote the use of diabetic footwear as a preventive measure.

Diabetic Footwear Market


Shoes are expected to generate a revenue of USD 3.31 billion by 2025. The segment is expected to lead the market in light of its increased utility among office-going population. Furthermore, fluctuating diet patterns and hectic lifestyle among middle class population in emerging economies including China and India is expected to encourage consumers to use diabetic shoes as a regular footwear option.

In depth research report on Diabetic Footwear Market

Further key findings from the report suggest:

·       Sandals is expected to witness a CAGR of 7.3% from 2019 to 2025, owing to increased usage of these products as casual footwear by people in the age group of 45+ in developed economies including Germany and U.K.

·       Slippers generated a revenue of USD 1.99 billion in 2018. The segment is expected to hold more than 30% of global market share on account of predominant usage as daily home footwear among health conscious consumers

·       Online segment is expected to remain the most lucrative distribution channel over the next eight years. These channels are expected to remain a preferred choice on account of various value-added benefits including cash benefits and free-home delivery by the footwear companies and e-commerce portals

·       Europe is expected to remain one of the largest markets, accounting for more than USD 1.93 billion by 2025. The region is expected to lead on account of increasing health consciousness of consumers from prominent markets such as Germany, U.K., France, and Italy

·       The diabetic footwear market is highly competitive in nature with the main players including DJO Global Inc.; Drew Shoes; I-Runner; and Dr. Zen Products, Inc. Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to cater to the existing and future demand from new application segments.

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

Diabetic Footwear Product Outlook (Revenue, USD Million, 2015 - 2025)

·       Slippers

·       Sandals

·       Shoes

Diabetic Footwear Distribution Channel Outlook (Revenue, USD Million, 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/

Synthetic Leather Market size is Expected to Reach USD 45.41 billion by 2025: Grand View Research, Inc.

18-Sep-2019: The global synthetic leather market size is expected to reach USD 45.41 billion by 2025, according to a new study by Grand View Research, Inc. The market is projected to expand at a strong CAGR of 7.4% during the forecast years. Increasing product application scope in footwear has been a major factor driving the market growth. In addition, growing importance and awareness about animal rights set by several organizations and stringent laws regarding the usage of real leather are propelling the demand for synthetic leather.

Synthetic Leather Market

Synthetic leather materials offer superior properties, such as high gloss finish, durability, strength, and UV resistance and easy maintenance. Moreover, products made from faux leather are cheaper and thus, continue to attract consumers, especially from middle and high income level groups. However, in countries, such as Japan, the product is facing competition from Fumikodata, which is a replica of real leather and is a cruelty-free material. Polyurethane (PU) was the largest product category in 2017 and is expected to register the fastest CAGR over the forecast period.

PVC is anticipated to witness sluggish growth on account of its properties, such as sticky finish and lesser durability. Footwear application segment is expected to observe a cosiderable growth over the upcoming years. Cheaper costs, fluctuating climatic conditions in several regions creates needs for different types of footwear. Rising disposable income levels in emerging regions are also fueling the demand for synthetic leather in footwear segment. Moreover, trend of incorporating athletic shoes in daily lifestyle is further augmenting the product demand.

In depth research report on Synthetic Leather Market

Further key findings from the study suggest:

·       The global synthetic leather market is expected to witness significant growth over the forecast period owing to rising product demand in footwear and automotive applications

·       PU leather emerged as the largest product segment in 2017 and is estimated to generate revenue over USD 28.03 billion by 2025

·       Asia Pacific is projected to witness the fastest growth over the estimated period owing to rapid economic growth across countries, such as India, China, Japan and Korea

·       Rapid development of construction and automotive manufacturing industries in APAC is also fueling the product demand in the regional market

·       Countries, such as South Korea, Taiwan, China, and India, are emerging as leading producers in the global market as a result of available of relatively cheaper raw materials

·       Key companies in the global market include Nan Ya Plastics Corporation, Mayur Uniquoters Limited, Alfatex Italia SRL, and Kuraray Co. Ltd.

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

Synthetic Leather Product Outlook (Volume, Million Meters; Revenue, USD Million, 2014 - 2025)

·       PU

·       PVC

·       Bio-based

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

·       Furnishing

·       Automotive

·       Footwear

·       Bags & Wallets

·       Clothing

·       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/

Crude Sulfate Turpentine Market is Projected to Record a CAGR of 3.5% | 2025

18-Sep-2019: The global crude sulfate turpentine market size is expected to reach at USD 806.2 million by 2025, according to a new report by Grand View Research, Inc. The market is projected to record a CAGR of 3.5% during the forecast period. Increasing product penetration in the aroma chemicals is anticipated to fuel the business growth. Product demand across varied applications including aroma chemicals, personal care, and home care products is expected to drive the market.


Crude Sulfate Turpentine Market


Increasing preference towards bio-based products owing to superior advantages over synthetically-derived products will further augment the demand over the estimated period. Major industry participants are focusing on procuring sustainable feed stock and implementing effective production process. They are shifting towards high bio renewable content products to ensure superior performance across end-use applications. Solvents manufacturer implementing carene as ingredient are targeting chemical processing, paints, adhesives industries to grab more opportunities by replacing chemical compounds like hydrocarbons, cement, and mineral spirits.

Carene is anticipated to be the fastest-growing segment in future owing to wide usage of the product in solvent production. Personal and home care application accounted for over 30% volume share in 2018. Increasing demand for flavors and fragrance with natural products will fuel the segment growth further. Rising product usage as a feedstock to manufacture polymer additives, turpentine oil, pine oil, and pinenes is also likely to contribute to the segment development.

In depth research report on Crude Sulfate Turpentine Market

Further key findings from the study suggest:

·       The global crude sulfate turpentine market is anticipated to reach 220.8 kilotons by 2025 expanding at an estimated CAGR of 2.1% from 2019 to 2025

·       In terms of revenue, carene is projected to ascend at a CAGR of 4% over the forecast period

·       Aroma chemicals application segment led the global market in 2018

·       Asia Pacific is projected to witness the fastest CAGR over the next estimated time period owing to rising preference for naturally extracted products

·       Some of the key companies in this market are DRT, Kraton Corportation, Pine Chemicals Group, and ORGKHIM Biochemical Holding

·       Most of these firms are collaborating with distributors to improve their regional presence and industry share

Grand View Research has segmented the global Crude Sulfate Turpentine derivatives market on the basis of product, application, and region:

Crude Sulfate Turpentine Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·       Carene

·       Terpineol

·       Camphor

·       Pinane Hydroperoxide

·       Pure Alpha-pinene

·       Beta-pinene

·       Terpene Resins

·       Limonene

Crude Sulfate Turpentine Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·       Additives

·       Adhesives

·       Solvents

·       Rubber Processing

·       Aroma Chemicals

·       Personal/Home Care Product

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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/