Showing posts with label Specialty & Fine Chemicals. Show all posts
Showing posts with label Specialty & Fine Chemicals. Show all posts

Thursday, 7 November 2019

Cannabidiol Market Size is Expected to Reach USD 9.69 Billion by 2025: Grand View Research, Inc.

7-Nov-2019: The global cannabidiol market size is expected to reach USD 9.69 billion by 2025, as per a new report by Grand View Research Inc. It is projected to register a CAGR of 32.6% during the forecast period. CO2 is the most majorly used extraction technique to safely and purely extract the cannabidiol (CBD). There is a rise in demand for high CBD hemp biomass, which is expected to propel growth of the CBD market.

Cannabidiol Market

Equipment and processing practices differ significantly depending upon cultivation, variety of hemp, available equipment, and standard processes according to regions. Manufacturers are heavily investing in time and resources to maintain consistency in the quality of products. This also includes the development of reliable supply chain.

Manufacturers are focused on R&D activities to develop various strains of cannabis which are CBD rich. Apart from conventional manufacturing of CBD and its products, development of synthetic CBD has been recently introduced. Involvement of biotechnology for production of synthetic CBD has resulted in potential growth of low-cost mass production. However, the product development is still in nascent phase.

There are multiple regulations in place in different countries regarding usage of CBD. In Italy, CBD oil with 5%, 10%, and 50% is permitted to be sold in Italian markets and those categorized under the food aromatic preparation are allowed to be purchased without a prescription. Hash oil that needs prescription can only be legally purchased and prepared by pharmacists in the Galenic Laboratory of Pharmac, which is driving the demand for CBD globally.

In depth research report on Cannabidiol Market

Further key findings from the report suggest:

·       Market participants are focused on investing in the production and distribution of CBD infused products, in which a French-based wellness company, TONIC, sells a wide range of hemp-derived CBD infused orals and topicals

·       Despite the high demand and increasing availability of cannabidiol, there are several uncertainties pertaining to its safety, quality, and legality, restraining the market growth

·       Growing marijuana has been legalized in most of the European countries, thereby providing opportunities to start-ups dealing with marijuana-based products to explore the CBD market

·       Few prominent states in U.S. such as New Jersey, Delaware, Oklahoma, New Hampshire, Florida, Connecticut, and New Mexico have legalized the use of cannabis only for medical purposes and not for recreational purposes

·       In March 2019, Phyto Animal Health and HempMeds, subsidiaries of Medical Marijuana, Inc., collaborated with Mr. Checkout to increase their distribution capacity and expand their market presence worldwide

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

Cannabidiol (CBD) Source Outlook (Revenue, USD Million, 2014 - 2025)

·       Hemp

·       Marijuana

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

·       Personal Care & Cosmetics

·       Pharmaceutical

·       Food & Beverages

·       Others

Cannabidiol (CBD) Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

·       Hospital Pharmacies

·       Retail Pharmacies

·       Online Stores

·       Others

Browse more research reports of this category:

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/

Wednesday, 2 January 2019

Organic Personal Care Market is Projected to value USD 25.11 billion by 2025

2-January-2019: According to a report by Grand View Research, Inc., global organic personal care market is anticipated to value USD 25.11 billion by 2025. Growing requirement for naturally-derived hair and skin care products among consumers is anticipated to propel demand for organic personal care products. These products are likely to offer ingredients extracted from plants and animals and are free from preservatives, petrochemicals, and synthetic fragrances that can harm consumer’s skin.


Organic Personal Care Market

Growing awareness regarding benefits of organic personal care products over synthetic products can spur growth of market. Organic products are likely to be derived from natural resources and are free from harmful chemicals. High demand for such products in recent times can prompt manufacturing companies to introduce new products and focus on R&D activities. Increasing R&D expenditure to introduce plant and animal extracts in personal care products can fuel growth of market. Increasing number of distribution channels promoting organic personal care products and their benefits among consumers can drive market growth. Booming e-commerce and online marketplace providing consumers access to wide range of organic personal care products can stimulate growth of market. Stringent regulations promoting use of organic ingredients in skin care sector can augment market growth during the forecast period (2014 to 2025).

The organic personal care market can be segregated on the basis of application and region. Based on application, the market can be categorized into hair care, oral care, cosmetics, skin care, and others. In 2017, skin segment dominated the market and accounted for largest market share. Anti-ageing pursuit coupled with rising skin concerns can fuel growth. In addition, growing awareness regarding benefits of natural ingredients providing protection from ultra violet (UV) rays can surge demand for organic personal care products. Both women and men are likely to use skin care products such as fairness creams, moisturizing lotions, anti-ageing creams, and sun screen & lotions on regular basis. These products are expected to display highest penetration across all regions.

Similarly, increasing use of organic ingredients in cosmetic products such as fragrances, nail polishes, lipsticks can fuel growth of segment over next few years. Spiraling consumption of cosmetic products in countries such as India, Brazil, and China attributed to growing population of working class women can influence growth of market.

Regional segmentation includes Europe, North America, Asia Pacific, Central & South America, and Middle East & Africa. In 2017, North America dominated the market and accounted for major market share. It is predicted to grow at similar pace over the forecast period. Rising consumption of organic personal care products in Mexico attributed to growing awareness regarding benefits of natural ingredients such as neem and turmeric can fuel growth of market. In addition, favorable regulatory support in Mexico promote new investments at domestic level can create lucrative opportunities for market in the region. In Untied States, the market is expected to account for market share equivalent to USD 7.7 billion by 2025.

Similarly Asia Pacific is anticipated to be fastest growing region over the forecast period with countries such as India, China, Japan, Australia, and South Korea as sights of high growth rate. Growing awareness regarding benefits of natural products coupled with increasing disposable income can fuel growth of market. In addition, growing base of middle class population in South Asian countries such as Vietnam, Indonesia, and Malaysia can augment market growth. Shifting consumer preference from low-price products to premium hair and skin care products are likely to create lucrative opportunities for market.

In Europe, the market is likely to grow well over the forecast period attributed to high prevalence of manufacturing bases for product in countries such as France, United Kingdom, and Germany. Favorable initiatives from European Commission to promote production and use of natural ingredients in chemical, personal care, energy, and automotive sector can influence growth of market in the region.

Some of the leading companies offering organic personal care are Aveda Corporation; Burt’s Bees,  Amway Corporation, Neutrogena Corporation, and Arbonne International LLC.

In-Depth Research Report On Organic Personal Care Market:
https://www.grandviewresearch.com/industry-analysis/organic-personal-care-market

Thursday, 4 October 2018

Organic Personal Care Market Hit USD 25.11 billion by 2025 : Grand View Research, Inc.

4-October-2018: A research report available on Grand View Research, Inc. states that the global organic personal care market will reach USD 25.11 billion by 2025. High demand for natural and organic skin care, hair care, and several cosmetic products is anticipated to propel the market development over the forecast period (from 2016 to 2025). Organic personal care products aid in reducing reliance on petroleum-based products and in decreasing pollution levels as they are made from natural resources. This is projected to be a major growth driving factor for the global market.


 Approval from regulatory bodies, such as the US Dept. of Agriculture (USDA), for using organic products in personal care products is projected to spur market growth. In addition, constant research and development activities by major players such as The Body Shop, along with technological breakthroughs for the production of low-cost products, are likely to be one of the growth driving factors for the overall market. This trend is further expected to continue during the forecast years. Growing R&D for customized and advanced products is estimated to offer new growth opportunities for the global market over the coming years.

Massive R&D investments by key players to include improved animal and plant extracts in their products are also likely to promote market growth in future. Moreover, shifting user preference toward using organic materials and products due to rising consciousness about environment-related concerns and the adverse effects of chemicals and other artificial ingredients is also said to spur market growth.

The global organic personal care market is categorized according to product type and region. On the basis of product type, the market is segmented into cosmetics, hair care, skin care, oral care, and others. Based on region, the market is divided into Asia Pacific (APAC), Europe, North America, Middle East and Africa (MEA), and Latin America.

The APAC region is expected to achieve significant growth over the forecast period. High demand for cosmetic products due to increased consciousness among youth about external appearance is projected to be one of the key growth driving factors for the region. In addition, rising disposable income levels and enhanced standards of living in various emerging nations such as China, Malaysia, and India are predicted to impel the regional market growth in future.

North America occupied over 35% of the total revenue in 2015. The region is expected to witness steady growth over the estimated period as a result of ever-increasing consumption of various cosmetic products and novel product launches by various FMCG manufacturers. Moreover, implementation of the Kyoto Protocol and Montreal Protocol in the US and Canada for restricting greenhouse gas emissions has forced companies to use organic ingredients in their products. This is also estimated to have a huge and positive impact on the development of the regional market.

Europe crossed USD 2.5 billion in 2015 and is likely to grow at a fast pace from 2017 to 2025. This growth can be accredited to rising preference toward organic and naturally-derived products over artificial ones. In addition, positive regulatory framework encouraging the use of organic products is projected to augment the market in this region during the next few years.

Major companies operating in the worldwide organic personal care market include The Body Shop International PLC; Natura Cosméticos S.A.; Bare Escentuals, Inc.; Burt’s Bees, Inc.; The Hain Celestial Group; The Estée Lauder Companies Inc.; and L'Occitane en Provence. All these players have undertaken key market strategies to stay in the race. Some of these strategies are novel product launches, M&A activities, and global business expansion. For instance, DAUPHINE organics recently released its new line of skincare products called Luxe Agape Collection. The product line is handcrafted and involves some of the best and finest exotic ingredients rich in nutrients to provide users with an ultimate luxury skincare experience.

In-Depth Research Report On Organic Personal Care Market:
https://www.grandviewresearch.com/industry-analysis/organic-personal-care-market

Sunday, 16 September 2018

UV Cured Glass Bonding Adhesives: Higher Efficiency, Higher Profits

17 September 2018: Adhesive bonding is used for binding two surfaces together creating a smooth bond. Adhesive bonding provides an advantage of the absence of electric voltage and relatively lower bonding temperature. There is a wide range of adhesives available on the market for glass to glass bonding and for bonding glass to various other substrates. These adhesives are used widely for glass bonding and there is an array of adhesive solutions for glass bonding including silicone, polyurethane, UV cured, acrylic, and several others. Various types of glass bonding adhesives include silicone, polyurethane (PU), UV cured, acrylic, and several others.


Glass Bonding Adhesives Market

UV Cured Adhesives Accounted for the Largest Revenue Share

The UV cured adhesives product segment registered for the major share of 40.3% in 2016 and is likely to grow further on account of high demand from the key applications such as medical devices, furniture, automotive and transportation, and electronics. UV cured adhesives are also used widely due to their high optical clarity and better resistance against yellowing, thermal shock and impact load. Moreover, these products offer low-stress points compared to other thermal and mechanical bonding methods while keeping the final product aesthetic features intact.

Companies in this field emphasize on novel product development for business expansion. For instance, DELO Industrie Klebstoffe GmbH & Co. KGaA recently launched a new light-curing acrylate adhesive product, called DELO PHOTOBOND GB4033, for applications in consumer electronics. The new product has excellent peel resistance against plastic and glass substrates and also exhibits excellent sealing properties against moistures, dust, and humidity.

The PU glass bonding adhesives segment had the second-largest revenue share followed by acrylic adhesives. Stringent rules and regulations regarding the usage of PU, as well as acrylic-based, products in the developed regions such as North America and Europe may have adverse effects on the segment expansion over the coming years. Other adhesives include modified silane, moisture curing adhesives, and polyisobutylene.

Market Overview

The glass bonding adhesives market is anticipated to reach USD 4.42 billion by 2025 growing at a CAGR of 7.2% from 2017 to 2025, predicts a report published by Grand View Research, Inc. A rise in demand for these adhesives from various end-use sectors such as automotive and transportation, construction, and furniture is expected to be the key factor driving the market development. Henkel AG & Co. KGaA; Master Bond Inc.; The 3M Company; The Dow Chemical Company; and DELO Industrie Klebstoffe GmbH & Co. KGaA are some of the prominent companies operating in the worldwide market for glass bonding adhesives.

In-Depth Research Report On Glass Bonding Adhesives Market:
https://www.grandviewresearch.com/industry-analysis/glass-bonding-adhesives-market

Thursday, 16 August 2018

The Growth of the Organic Personal Care Market Can be Attributed To Rsing Demand for Safe and Natural Products

The global organic personal care market size is projected to reach USD 25.11 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.5% during the forecast period. Rising R&D expenditure to introduce improved plant and animal extracts into various products is expected to promote the demand for organic personal care products over the forecast period. Furthermore, regulations encouraging the use of organic materials in the personal care industry are likely to propel market growth.

Organic Personal Care

Growing demand for organic products is leading to an increase in their availability in supermarkets, malls, and drugstores. In addition, booming online marketplace, where consumers can access a wide range of products from any part of the world, has been a primary reason for increase in the level of accessibility and is estimated to remain a key contributing factor over the forecast period. Online stores also give consumers the opportunity to gain access to products that would otherwise not be available in local stores and malls.

Burgeoning popularity of naturally-derived products is the key factor fueling the demand for organic personal care products. Expanding product distribution channels in urban areas is augmenting the product accessibility to consumers. With the introduction of products such as flosses and mouthwashes, the demand for organic oral care products is anticipated to increase

Demand for products that are free from synthetic fragrances, preservatives, parabens, petrochemicals, and harsh cleaners such as sodium lauryl sulfate has registered sharp rise over the past few years. There are numerous players in the market that are involved in the manufacturing of a variety of personal care products, such as sunscreens, body lotions, shampoos, scrubs, anti-aging creams, makeup removers, masks & exfoliators, eye care products, lip care products, BB creams, face oils, cleansers/toners, and masks/exfoliators.

North America was the largest market for organic personal care in 2017. The trend is poised to continue over the forecast period. The growth of the market can be attributed to rising demand for safe and natural products. Over the past few years, companies have been introducing new and innovative products that are designed to cater to specific consumer needs. Major players in the industry such as L’Oréal, The Body Shop, and Estée Lauder launched several organic products that target the ageing population.

In depth research report on organic personal care market

Further key findings from the report suggest:

·       In terms of value, the global revenue for hair care is anticipated to reach USD 6.62 billion by 2025, rising at a CAGR of 9.8% from 2017 to 2025

·       Skin care application dominated the market in terms of revenue in 2017, commanding over one third of the market, owing to ability of organic ingredients to impart antioxidation properties and improve skin health

·       The U.S. organic personal care market is poised to exceed USD 7.7 billion by 2025 owing to presence of various manufacturers of organic personal care products in the country

·       The market is highly competitive with presence of a number of multinational companies with wide product portfolios

·       Major companies in the market lay high emphasis on expanding their presence in the global market, in an attempt to increase market shares and drive revenues. For instance, Estee Lauder acquired various companies such as BECCA Cosmetics, Too Faced, and Editions de Parfums Frédéric Malle, over the past few years in order to expand its product portfolio.

Grand View Research has segmented the global organic personal care market on the basis of application .

Organic Personal Care Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Skin care

·       Hair care

·       Oral care

·       Cosmetics

·       Others

Browse more research reports of this category:

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/

Friday, 10 August 2018

Organic Personal Care Market Size is Projected to Reach USD 25.11 Billion by 2025

The global organic personal care market size is projected to reach USD 25.11 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.5% during the forecast period. Rising R&D expenditure to introduce improved plant and animal extracts into various products is expected to promote the demand for organic personal care products over the forecast period. Furthermore, regulations encouraging the use of organic materials in the personal care industry are likely to propel market growth.

organic personal care market

Growing demand for organic products is leading to an increase in their availability in supermarkets, malls, and drugstores. In addition, booming online marketplace, where consumers can access a wide range of products from any part of the world, has been a primary reason for increase in the level of accessibility and is estimated to remain a key contributing factor over the forecast period. Online stores also give consumers the opportunity to gain access to products that would otherwise not be available in local stores and malls.

Burgeoning popularity of naturally-derived products is the key factor fueling the demand for organic personal care products. Expanding product distribution channels in urban areas is augmenting the product accessibility to consumers. With the introduction of products such as flosses and mouthwashes, the demand for organic oral care products is anticipated to increase

Demand for products that are free from synthetic fragrances, preservatives, parabens, petrochemicals, and harsh cleaners such as sodium lauryl sulfate has registered sharp rise over the past few years. There are numerous players in the market that are involved in the manufacturing of a variety of personal care products, such as sunscreens, body lotions, shampoos, scrubs, anti-aging creams, makeup removers, masks & exfoliators, eye care products, lip care products, BB creams, face oils, cleansers/toners, and masks/exfoliators.

North America was the largest market for organic personal care in 2017. The trend is poised to continue over the forecast period. The growth of the market can be attributed to rising demand for safe and natural products. Over the past few years, companies have been introducing new and innovative products that are designed to cater to specific consumer needs. Major players in the industry such as L’Oréal, The Body Shop, and Estée Lauder launched several organic products that target the ageing population.

In depth research report on organic personal care market

Further key findings from the report suggest:

·       In terms of value, the global revenue for hair care is anticipated to reach USD 6.62 billion by 2025, rising at a CAGR of 9.8% from 2017 to 2025

·       Skin care application dominated the market in terms of revenue in 2017, commanding over one third of the market, owing to ability of organic ingredients to impart antioxidation properties and improve skin health

·       The U.S. organic personal care market is poised to exceed USD 7.7 billion by 2025 owing to presence of various manufacturers of organic personal care products in the country

·       The market is highly competitive with presence of a number of multinational companies with wide product portfolios

·       Major companies in the market lay high emphasis on expanding their presence in the global market, in an attempt to increase market shares and drive revenues. For instance, Estee Lauder acquired various companies such as BECCA Cosmetics, Too Faced, and Editions de Parfums Frédéric Malle, over the past few years in order to expand its product portfolio.

Grand View Research has segmented the global organic personal care market on the basis of application.

Organic Personal Care Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Skin care

·       Hair care

·       Oral care

·       Cosmetics

·       Others

Browse more research reports of this category:

 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, 1 August 2018

Rising Awareness Regarding Personal Health and Safety is an Impetus to the Organic Personal Care Ingredients Market

The global organic personal care ingredients market size is projected to reach USD 11.1 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.5% during the forecast period. Increasing demand for organic and natural products for skin care and hair care is the key factor driving the market.

Rising awareness regarding personal health and safety is expected to provide an impetus to the market over the forecast period. Rising disposable income, coupled with improving standard of living of middle-class working population in emerging economies, is anticipated to boost the growth of the organic personal care ingredients market.


Organic Personal Care Ingredients Market

Some of the major growth stimulants of the market are rising concerns regarding use of chemicals in cosmetics and spiraling demand for natural and organic skincare products. Growing concerns regarding health & safety, consumer awareness about the use of synthetic chemicals, and increasing importance given to environmentally viable products are estimated to fuel the demand for organic and natural skin care products and associated ingredients over the coming years.

Emollients held a significant share in the market in 2017 and are likely to continue this trend over the forecast period. Demand for emollients is poised to be largely driven by positive trends in the cosmetic, skin care, and hair care industries. Moreover, rising awareness about personal grooming and care is projected to boost their demand over the forecast period. Furthermore, rising purchasing power in countries such as India, Mexico, and Brazil are leading to an increase in purchase of organic cosmetics and other personal care products.

North America was the largest market for organic personal care ingredients in 2017. The region will continue to dominate the market until 2025. Spiraling consumption of organic personal care products in the region, owing to rising awareness regarding positive effects of natural ingredients such as turmeric and neem is contributing to the growth of the regional market. In addition, favorable regulatory support in Mexico for new investments in the personal care market is poised to open new avenues for market growth over the forecast period.

 In depth research report on Organic Personal Care Ingredients Market

Further key findings from the report suggest:

·       In terms of product, the sugar polymers segment is projected to cross a valuation of USD 5.0 billion by 2025, at a CAGR of 7.7% from 2018 to 2025

·       In terms of revenue, the active ingredients segment is expected to rise at a CAGR of 6.7% over the forecast period, since they are responsible for absorption and acne reduction of skin, and thus used in a variety of skin care formulations

·       Skin care dominated the global market in terms of revenue, commanding over one third of the market in 2017, owing to the ability of natural ingredients to impart antioxidation properties and improve skin health when used in skin care product formulations

·       The global revenue for natural ingredients is anticipated to reach USD 4.7 billion by 2025, rising at a CAGR of 5.4% from 2017 to 2025

·       The U.S. organic personal care ingredients market is anticipated to exceed 2,249 kilotons by 2025, owing to presence of various manufacturers and suppliers of organic personal care ingredients in the country

·       The market for organic personal care ingredients is highly competitive with presence of a number of multinational companies with huge product portfolios

·       Some of the key companies present in the market are Cargill, Incorporated; BASF SE; The Lubrizol Corporation; Croda International Plc; Huntsman International LLC.; Ingredion Incorporated; J. RETTENMAIER & SÖHNE GmbH + Co KG (JRS); Taj Agro International; and Dupont Pioneer.

Grand View Research has segmented the global organic personal care ingredients market on the basis of product, application.

Organic Personal Care Ingredients Type Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·       Organic

·       Natural

Organic Personal Care Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Natural surfactants

·       Emollients

·       Active ingredients

·       Sugar polymers

·       Natural preservatives

·       Others

Organic Personal Care Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Skin care

·       Hair care

·       Oral care

·       Cosmetics

·       Others

Browse more research reports of this category:

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/