Green Building Materials Market Size Is To Be Around $364.6 Billion By 2022: Grand View Research, Inc.

The global Green Building Materials Market size is expected to reach USD 364.6 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for environmental-friendly and sustainable building materials is expected to propel the growth of the market.

Green building materials prevents the usage of toxic paints containing lead, in turn improving indoor air quality. Furthermore, the products also offer plentiful natural lighting thereby reducing energy usage which thereby reduces the overall expenditure. Copious raw material availability coupled with a large number of manufacturers is expected to aid the growth of market.

Technological innovations have facilitated a rise in demand in green building materials, as products are becoming increasing affordable and readily available. As a result, the demand has increased dramatically over the past few years majorly due to rebounding construction market.

Increasing demand for green building materials coupled particularly in emerging economies is expected to have a positive impact towards market growth. In addition, presence of large number of manufacturers is expected to increase the ease in sourcing the products. Oversupply of green building materials is expected to lower product price which is expected drive the market growth over the forecast period.

The market exhibits the presence of a large number of manufacturers engaged in the manufacturing of wide range of products including roofing, insulation, and frames. Easy accessibility to raw materials coupled with product demand is likely to increase industry rivalry which is expected to improve product quality.

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

Further key findings from the report suggest:

• Structural product segment is expected to reach USD 239.1 billion by 2022, owing to their superior aesthetics, and durability, and ability to reduce carbon emissions.
• Insulation is estimated to be the fastest growing application with a growth rate of 11.7% over the forecast period, on the account of its high energy efficiency coupled with heightened emphasis on the installation of interior insulation solutions
• The demand for the product in Asia Pacific is expected to reach a value of USD 78.4 billion by 2022 in the wake of rising residential construction and growing infrastructure development.
• Manufacturers primarily focus on the production of standard products for consumers. However, customizations as per consumer preference are expected to be the way forward which in turn is anticipated to propel demand.

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

Green Building Materials Product Outlook (Revenue, USD Billion; 2012 - 2022)

• Structural
• Exterior
• Interior
• Others

Green Building Materials Application Outlook (Revenue USD Billion; 2012 - 2022)

• Framing
• Insulation
• Roofing
• Exterior Siding
• Interior Finishing
• Others

Green Building Materials Regional Outlook (Revenue; USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Rest of the World

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-green-building-materials-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Hydrophilic Coatings Market Is Going To Reach $14.74 Billion By 2025 | CAGR: 5.2%

The global Hydrophilic Coatings Market size is expected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for hydrophilic coatings in medical and automotive application is expected to complement market growth over the forecast period.

The demand for hydrophilic coatings is high in medical devices and equipment industry as the industry consumes a significant amount of the overall coatings manufactured. The product creates a lubricious surface resulting in the reduction of medical device stiction, thereby aiding the device positioning by reducing the risk of infection. As a result, the demand for the product is expected to grow significantly over the forecast period.

The surface wettability of materials plays a key role in ensuring the safety and comfort of the drivers, irrespective of the weather conditions. As a result, the hydrophilic coatings are applied on the windshields and mirrors of the vehicles. In addition, the coating generates a good water run-off which enables its use in the evaporators of automotive systems, driving its demand in automotive industry.

The hydrophilic coating market is highly competitive on account of low product differentiation. The major players in the market including Biocoat Inc., Aculon Inc., Harland Medical Systems Inc. and Surmodics Incorporated are constantly undergoing strategic alliances and diverse product innovations to gain market share.

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

Further key findings from the report suggest:

• Polymer substrate accounted for 34.7% of the revenue share as polymers are characterized by low cost, versatility, high durability, lightweight, portable and its flexibility, resulting in freedom of design
• The demand for the coatings for glass substrate was valued at USD 1,665.5 million in 2015 owing to the use of hydrophilic coated glass for eyeglasses, mirrors, optical lenses, and on instruments in humid environments
• The demand for the product in aerospace industry is expected to grow at a CAGR of 4.6% as the coatings are applied in the aerospace industry on several types of aircrafts in order to create a smooth outer surface and ensure additional protection
• The demand in Asia Pacific is expected to grow at a CAGR of 6.2% owing to the increasing automotive production in region coupled with the utilization of advanced medical devices and equipment in developing economies including China and India
• The companies operate in multiple locations with their manufacturing facilities and distribution carried out through several sales locations across the regions of operation coupled with third party distribution agencies augmenting the sales network

Grand View Research has segmented the hydrophilic coatings market on the basis of substrate, application and region:

Hydrophilic Coatings Substrate Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Polymers
• Glass
• Metal
• Nanoparticles
• Others

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

• Aerospace
• Automotive
• Marine
• Medical devices & equipment
• Optical
• Others

Hydrophilic Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-hydrophilic-coatings-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Insulin Delivery Devices Market Is Forecasted Worth Around $19.8 Billion By 2025: Grand View Research, Inc.

The Insulin Delivery Devices Market is expected to reach USD 19.8 billion by 2025, according to a new report by Grand View Research, Inc. The global industry is estimated to witness a high growth during the forecast period from 2016 to 2025. Rapidly increasing number of diabetics coupled with the escalating attention around diabetes care is a major factor propelling the market.

Obesity, sedentary lifestyles, and unhealthy food habits, primarily in the young population, lead to the occurrence of diabetes. In addition, growing diabetic geriatric population is another factor supporting the growth of this vertical. According to the United Nations, Department of Economic and Social Affairs, around 901 million individuals were aged 60 or over in 2015 and this number is projected to increase to 1.4 billion by 2030. Thus, the enlarging elderly population is expected to boost the demand for insulin delivery devices. 

Technological innovations and advancements are an ongoing trend in this vertical. Also, favorable reimbursement policies for these devices, mainly in developed countries like the U.S. and Germany, are anticipated to fuel the market growth during the study period. However, stringent regulatory requirements regulating the approval of insulin delivery devices is a major factor restraining the growth of this industry.

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

Further Key Findings from the Study Suggest:

• The insulin pens segment was the largest revenue-generating category of this market in 2015. The pen is equipped with self-contained cartridges and offers ease in handling & less pain while injecting insulin. Advantages of these pen devices over other products are resulting in its growing popularity, thus serving as a vital factor in contributing to the sector’s highest share in this market.
• Homecare is estimated to be the largest shareholder and the fastest growing segment due to increased adoption of self-care diabetes management devices and the availability of simplified and user-friendly product designs for patients.
• North America is the leading regional sector and accounted for the largest revenue share in 2015 primarily due to the favorable reimbursement scenario in this space. Also, the presence of major manufacturers in this region is supporting the market growth. 
• The Asia Pacific region is anticipated to be the fastest growing market during the forecast period. The high prevalence rate of diabetes in the Asian countries, such as China and India, is a major factor contributing to market expansion in this region.
• Some key players serving this vertical include Novo Nordisk A/S; Sanofi; Eli Lilly and Company; Medtronic; Becton, Dickinson and Company; Abbott; and F. Hoffmann-La Roche Ltd. 

Grand View Research has segmented the insulin delivery devices market on the basis of product, end-use, and region:

Insulin Delivery Devices Market Product Outlook (Revenue, USD Million, 2014 - 2025)

• Insulin syringes
• Insulin pens
• Insulin pumps
• Insulin injectors

Insulin Delivery Devices End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Home care
• Others            

Insulin Delivery Devices Market Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • South Africa
  • Saudi Arabia

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-insulin-delivery-devices-market-analysis

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

For More Information: www.grandviewresearch.com

Intelligent Vending Machines Market Is Poised To Reach $11.84 Billion By 2025: Grand View Research, Inc.

The global Intelligent Vending Machines Market is expected to reach USD 11.84 billion by 2025, according to a new study by Grand View Research, Inc. The surge in the penetration of self-services technology across North America and Europe is anticipated to drive the industry growth over the next nine years. Intelligent vending machines incorporate energy efficient electronic equipment including efficient lighting components, such as LEDs, compressors, and sensors that help in conserving energy.

Industry players are progressively participating and promoting initiatives, such as Refrigerants and Naturally!, that help in eliminating and minimizing the release of hydrofluorocarbons (HFC) from vending machines. This is subsequently impelling the demand for HFC-free products such as intelligent vending systems.

The incorporation of ground-breaking features, such as voice and face recognition that enables interaction between the machine and the consumer, is energizing the industry growth prospects. These features add intelligence to the systems by detecting and responding to consumers and offer a dynamic visual experience with interactive promotions.

The increasing consumer preference toward cashless payments is a favorable trend observed in the market. The acceptance of payments through technologies, such as Near-field Communication (NFC), is instrumental in driving public interest owing to the easier, faster, and contactless modes of payment. These modes help in decreasing the cash management costs and subsequently decrease threats such as theft and vandalism.

Intelligent dispensing systems help in gaining insights regarding consumer behavior, preferences, and buying patterns. Interactive displays help vendors to generate more revenue through the display of advertisements and loyalty programs.

Full research report on Intelligent Vending Machines Market analysis:

www.grandviewresearch.com/industry-analysis/intelligent-vending-machines-industry 

Further key findings from the study suggest:

• The hot drinks type segment dominated the industry, accounting for more than 62% of the overall volume due to the surging demand for refreshment drinks
• Office vending systems are expected to gain momentum as they facilitate employees to grab a quick snack in between breaks without the need of placing an order and waiting for it to be processed
• The Asia Pacific region is predicted to emerge as the fastest growing market due to the increased demand in public transport applications in emerging countries, such as India and China
• Prominent vendors operating in the market include Crane Co., Advantech Co. Ltd., Bianchi Vending Group S.p.A, Azkoyen Group, and Rhea Vendors Group
• Increased focus on research and development activities and adoption of inorganic growth strategies are being observed in the industry

Grand View Research has segmented the global intelligent vending machines market on the basis of type, application, and region:

Type Outlook (Revenue, USD Million; Volume, Thousand Units; 2014 - 2025)

• Hot drinks
• Snacks
• Packaged drinks
• Others

Application Outlook (Revenue, USD Million; Volume, Thousand Units; 2014 - 2025)

• QSR, shopping malls, and retail stores
• Offices
• Public transport
• Others

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

• North America
  • S.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-intelligent-vending-machines-market

 

About Grand View Research

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

For More Information: www.grandviewresearch.com

Smart Packaging Market Is Estimated To Generate Revenue Around $26.7 Billion By 2024

The global Smart Packaging Market is expected to reach USD 26.7 billion by 2024, according to a new report by Grand View Research, Inc. Rising need for smart packaging products owing to increasing usage in the end use industries such as electronics and automotive on account of its superior protection properties is expected to fuel the growth over the forecast period. Rising industrialization in emerging regions including Asia Pacific and the Middle East is expected to drive the industry over the next eight years.

Increasing application scope in the logistics industry pertaining to the surging use of RFID tags at multiple levels to speed up locating products, and to improve the availability of real-time information coupled with the elimination of record loss is expected to drive the demand over the next eight years. Moreover, rising investment to improve the logistics industry within emerging economies such as China and India are projected to propel the industry growth.

Active Packaging accounted for over 70% of the market in terms of revenue on account of superior corrosion and moisture control properties. Growing use of the product in the automotive sector is likely to drive the demand over the forecast period.

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

Further key findings from the report suggest:

• The global smart packaging industry in terms of revenue was USD 10.8 Billion in 2015 and is expected to reach USD 26.7 Billion by 2024, recording a CAGR of 10.6% from 2016 to 2024.
• NFC (near field communication) is projected to be the fastest growing segment within intelligent packaging registering a CAGR of over 12% from 2016 to 2024. Usage of NFC in the telecom industries is rising exponentially. Smartphones equipped with NFC which can be paired with NFC tags or stickers, programmed by NFC apps to automate tasks and hence, is likely to fuel the growth of smart packaging market over the forecast period.
• Personal care sector is expected to register a CAGR of over 10% from 2016 to 2024 accounting for about 9% of the total market in 2015. Growing demand for personal care products particularly organic products on account of rising awareness about various health benefits over their synthetic counterparts is likely to fuel the industry over the forecast period.
• Automotive segment held a significant share of over 10% in 2015. The industry is expected to grow at a CAGR of around 12% from 2016 to 2024. Growing use of RFID tags in the automotive industry to improve the production efficiency is expected to drive the demand over the forecast period. Also, rising use of RFID tags in the automotive industry for asset tracking and supply chain management is expected to propel the industry growth.
• Asia Pacific accounted for a significant share of over 11% in 2015. The ready availability of raw materials coupled with cheaper manufacturing costs is expected to drive the growth. The region is also projected to witness growth of over 14% from 2016 to 2024.
• The industry is moderately fragmented with the presence of a large number of prominent participants across the globe. Some leading companies operating in the global market include 3M, BASF, Du Pont, Avery Dennison Corp., Amcor Limited, Sealed Air Corporation and International Paper. 3M is an American company involved in product development, manufacturing, and marketing for businesses including industrial, safety & graphics, electronics & energy, healthcare, and consumer. The company manufactures a wide range of products which includes abrasives, maintenance, automotive, materials, films, hand hygiene, home improvement, components, patient monitoring, personal safety, signs & displays, filtration, surgical solutions, wire & cable and tapes & adhesives.

Grand View Research has segmented the smart packaging market by product, application, and region.

Global Smart Packaging Product Outlook (Revenue, USD Million, 2013 - 2024)

• Active Packaging
  • Gas Scavenger
  • Corrosion Control Packaging
  • Moisture Control Packaging
• Intelligent Packaging
  • Time temperature Indicator
  • Gas Indicator
  • Thermochromic Ink
  • RFID & Barcode
  • NFC

Global Smart Packaging Application Outlook (Revenue, USD Million, 2013 - 2024)

• Food & Beverage
• Healthcare
• Personal Care
• Automotive
• Others

Global Fire Resistant Glass Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
  • US
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
• Latin America
  • Brazil
• Middle East and Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-smart-packaging-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

High Performance Alloys Market Is Poised To Reach $11.34 Billion By 2024: Grand View Research, Inc.

The global High Performance Alloys Market size is expected to reach USD 11.34 billion by 2024, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of rising substitution of materials such as steel and aluminum due to superior performance and reduction in the price of such alloys.

Favorable characteristics of the alloys which aid in improvement in performance efficiency coupled with superior heat and insulation is expected to drive the demand. The price of the products is generally high on account of higher production cost, which is expected to emerge as one of the major factors restraining growth.

The increasing cost of the alloying metals coupled with monopolistic hold of the industry players over the market is expected to hamper the demand over the forecast period. However, the lack of alternatives to the metals and commercialization of favorable technologies is anticipated to drive the demand over the forecast period.

Presence of a number of raw material suppliers is expected to decrease the bargaining power. Furthermore, lower raw material prices offered by suppliers from Asia Pacific is expected to propel demand. However, increasing demand for these raw materials from other key end-use industries is expected to decline raw material availability.

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

Further key findings from the report suggest:

• Titanium based high performance alloys are expected to register a CAGR of 5.1% by revenue over the forecast period on account of heightened use in the production of turbine blades, aircraft engines, and nuclear reactors
• Non-ferrous alloying material accounted for a market share with 51.6%, in terms of revenue, on account of low cost of the material coupled with extensive usage in the manufacture of electronic & electrical devices.
• The use of the products in aerospace is expected to cater to a market share of 55.4% in terms of revenue on account of growing demand for lightweight materials for use in commercial and defense aircrafts
• Asia Pacific region is estimated to register fastest growth with a CAGR of 5.9%, in terms of revenue on account of growing automotive industry in emerging economies such as China and India

Grand View Research has segmented the high performance alloys market on the basis of product, material, application and region.

High Performance Alloys Product Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)

• Non-ferrous metals
• Platinum group metals
• Refractory
• Super alloys

High Performance Alloys Material Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)

• Aluminum
• Titanium
• Magnesium
• Others

High Performance Alloys Application Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)

• Aerospace
• Industrial Gas Turbine
• Industrial
• Automotive
• Oil & Gas
• E & E
• Others

High Performance Alloys Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • The UK
  • Russia
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-high-performance-alloys-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Medical Polymers Market Is Going To Reach Around $17.05 Billion By 2020 | CAGR: 8.4%

The global Medical Polymers Market size is expected to reach USD 17.05 billion by 2020, according to a new report by Grand View Research, Inc. The rising demand for medical devices and equipment in the healthcare sector owing to increasing prevalence of diseases is anticipated to drive the growth of the global medical polymers market.

Increasing demand for medical devices, growing aging population, and expanding home healthcare sector in North America and Europe are some of the key factors responsible for the growth of medical polymers over the forecast period. However, fluctuating raw material prices are expected to affect the growth of the market.

Increasing expenditure on healthcare along with the presence of well-equipped hospitals and healthcare centers are the factors expected to have a positive impact on industry growth. Increasing demand for surgical instruments and tools such as gloves, clamps, forceps, syringes, surgical trays, medical bags, and catheters is expected to drive demand for medical polymers over the forecast period.

Increasing geriatric population is expected to result in the rise in healthcare facilities which is expected to drive the industry growth. This is expected to aid the growth for medical devices and therefore have a positive impact on the overall medical polymers market. Increasing bio-compatibility of plastics has also been a significant cause for the medical polymer industry growth.

Cost competitiveness and product quality are the key factors influencing the buyer power decision. High production volumes and ease of availability of product is expected to increase the buyer power. Moreover, low switching cost for consumers is expected to strengthen the bargaining power.

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

Further key findings from the report suggest:

• Medical grade fibers & resins is expected to reach a market value of USD 12.70 billion by 2020, owing to superior properties such as high thermal and chemical resistance coupled with ease of sterilization.
• Biodegradable plastics is estimated to be the register highest CAGR of 15.8% over the forecast period in terms of revenue, owing to health concerns regarding synthetic polymers.
• Medical devices & equipment is estimated to be largest application, growing at a CAGR of 8.8%, owing to the growing home-care sector.
• The demand for the product in Asia Pacific is expected to reach a value of USD 4.07 billion by 2020 on account of increasing use of high performance polymers for disposable medical components.
• Industry players including Celanese Corporation and Eastman Chemicals are introducing advanced grade plastics and polymers in the manufacturing of critical as well as semi-critical devices and instrument, thus promoting its use in the healthcare sector.

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

Medical Polymers Product Outlook (Volume, Kilotons; Revenue, USD Million; 2012 - 2020)

• Medical resins & fibers
  • Polyvinyl Chloride
  • Polypropylene
  • Polyethylene
  • Polystyrene
  • Others
• Medical elastomers
  • Styrene block co-polymer
  • Rubber latex
  • Others
• Biodegradable plastics
• Others

Medical Polymers Application Outlook (Volume, Kilotons; Revenue, USD Million; 2012 - 2020)

• Medical equipment & devices
• Medical packaging
• Others

Medical Polymers Regional Outlook (Revenue; USD Million, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• Rest of the World

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-medical-polymer-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Ophthalmic Devices Market Is Estimated To Generate $55.5 Billion By 2024: Grand View Research, Inc.

The global Ophthalmic Devices Market is expected to reach USD 55.5 billion by 2024, according to a new report by Grand View Research, Inc. The rising geriatric population base is presumed to propel the need for ophthalmic devices as this age group is more prone towards the development of chronic eye disorders. The rising prevalence of eye disorders such as macular degeneration, cataract, diabetic retinopathy and glaucoma is also boosting the growth of ophthalmic devices.

Approximately 10% of the people suffering from eye disorders will experience loss of vision in spite of the proper treatment as per the statistics of the WHO, driving the clinical urgency to incorporate highly advanced ophthalmic devices. Additionally, the rising demand for minimally invasive and complication-free operative surgeries is expected to upsurge the demand for ophthalmic devices.

The ophthalmic devices market growth can also be attributed to technological advancements such as the development of intraocular lenses, mydriatic fundus cameras, and OCT devices. Furthermore, the increasing involvement of market players in expanding treatment solutions through strategic alliances is expected to present this market with a potential growth platform. For instance, in May 2016, Bausch & Lomb through its enterprise partnership with Apple and IBM will develop a cataract surgery app that would integrate patient data, calculation data, and records thereby helping cataract surgeons’ work efficiently. The app will be enabled with IBM’s cognitive computing capabilities to reduce surgical errors.

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

Further key findings from the study suggest:

• The vision care segment dominated the product segment of the overall ophthalmic devices market in terms of revenue share at over 78.0%in 2015,owing to its adoption in vision correction procedures and the rising number of initiatives to promote the awareness pertaining to vision care
• For instance, in April 2016, Alcon announced its support to the “Think About Your Eyes”, which is a public awareness program. Alcon committed USD 4 million to support this initiative to promote the awareness pertaining to vision care
• The diagnostic& monitoring devices segment is expected to grow at the fastest CAGR at over 7.0% in 2015. This can be attributed to the fact that diagnosis is an indispensable process in the treatment of eye disorders and is responsible for contributing towards the diagnostics & monitoring segment’s growth
• In 2015, North America dominated the overall ophthalmic devices market at over 36.0%owing to the increasing utilization of ophthalmic devices in hospitals and private clinics. Moreover, subsequent changes in demographic trends, such as a rise in the geriatric population & unhealthy lifestyles, are presumed to drive the market in this region. Moreover, high R&D investments in the development of new products are expected to impel the market growth in North America
• Asia Pacific is anticipated to be growing at the fastest CAGR of around 7.0% over the forecast period due to the presence of untapped opportunities in the emerging economies in China and India. Moreover, the increasing government initiatives towards healthcare infrastructure; for instance, in China, healthcare reforms through an initiative called New Health Care Reform Plan implemented by the Chinese State Council and the Communist Party of China (CPC) Central Committee is expected to drive growth of the Chinese regional market.
• Some key players in this market are involved in adopting collaborative strategies and indulge in frequent product approvals to facilitate business and geographical expansions. For instance, in February 2016, Alcon acquired Transcend Medical, Inc., in a probe to expand its business in the treatment of glaucoma. This acquisition added Minimally Invasive Glaucoma Surgical (MIGS) devices to Alcon’s product portfolio.

Grand View Research has segmented the ophthalmic devices market on the basis of product and region:

Global ophthalmic devices product outlook (Revenue, USD Million, 2013 - 2024)

• Diagnostics & Monitoring Devices
  • Fundus Camera
  • Optical Coherence Tomography Scanner
  • Retinoscope
  • Tonometer
  • Pachymeter Ophthalmoscope
  • Biometer
  • Autorefractor
• Surgical Instruments
  • Refractive Error Surgery Devices
  • Glaucoma Surgery Devices
  • Cataract & Vitreoretinal Surgery Devices
• Vision Care Products
  • Contact Lenses
  • Spectacle Lenses

Ophthalmic devices regional outlook (Revenue, USD Million, 2013 - 2024)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • Japan
  • China
  • India
• Latin America
  • Mexico
  • Brazil
• MEA
  • South Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-ophthalmic-devices-market

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

For More Information: www.grandviewresearch.com

Silicon Wafer Reclaim Market Is Expected To Jump Up $577.3 Million By 2024: Grand View Research, Inc.

The global Silicon Wafer Reclaim Market size is expected to reach USD 577.3 million by 2024, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of burgeoning product use in integrated circuits, which find application in smartphones, laptops, and personal computers.

The silicon wafer reclaim are cheaper and flexible as compared to purchasing new wafers; however, they offer less efficiency. Key manufacturers are laying high emphasis to improve product efficiency of silicon wafer reclaim which is further expected to propel the demand over the forecast period.

The industry is significantly concentrated in Japan and Taiwan owing to the low production and low labor costs associated with the reclaim process. In addition, the reclaimed wafers are differentiated on the basis of the reclaim processes and certain companies own patented reclamation techniques. Furthermore, a substantial decrease in the market share in 2015 is expected to intensify the competition.

Increase in the volume of electronic waste coupled with the rising recycling activities primarily in North America and Europe are expected to benefit the industry. Major consumers are focusing on reduction in the reliance on virgin wafers in order to provide a sustainable solution to the growing electronics market, which is expected to drive the growth.

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Further key findings from the report suggest:

• 300mm size is expected to be the fastest-growing segment, in terms of revenue, registering a CAGR of 3.8% from 2013 to 2024 owing to superior performance properties including increased conductivity due to larger dimensions, which is likely to elevate the demand
• Products used for manufacturing solar panels accounted for a market revenue of USD 206.3 million in 2016 on account of increasing demand for renewable energy alternatives in a bid to substitute the conventional energy generation sources
• The industry in Asia Pacific region is estimated to register a CAGR of 3.9% over the forecast period owing to of abundance raw material availability coupled with low reclamation cost
• Silicon reclaim wafer market is oligopolistic and is characterized by integration across the value chain by various companies including Noel technologies, Silicon Valley Microelectronics

Grand View Research has segmented the silicon wafer reclaim market on the basis of product, application and region.

Silicon Wafer Reclaim Product Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 - 2024)

• 150mm
• 200mm
• 300mm
• Others

Silicon Wafer Reclaim Application Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 - 2024)

• Solar Panels
• Integrated Circuits
• Others

Silicon Wafer Reclaim Regional Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 - 2024)

• North America
  • US.
• Europe
  • Germany
  • The UK
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-silicon-wafer-reclaim-market

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

For More Information: www.grandviewresearch.com

Virtual Reality Market Is Estimated To Generate $48.5 Billion By 2025 with CAGR: 46.7%: Grand View Research, Inc.

The global Virtual Reality Market is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025.

Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporation, are venturing into space. The introduction of commercial VR headsets is expected to accelerate market growth over the next two years.

The market can be categorized based on components into hardware and software verticals. The hardware segment dominated the virtual reality market in terms of the overall market share in 2016. The rising demand for smartphone devices is anticipated to complement the growing VR hardware device sales. The increasing penetration of devices, such as smartphones and tablets, is expected to drive the software segment over the forecast period. The increasing demand for VR applications in the gaming and entertainment segments is expected contribute to the market growth.

Access Full Research Report on VR Market: www.grandviewresearch.com/industry-analysis/virtual-reality-vr-market

Further key findings from the report suggest:

• The semi and fully immersive segment dominated the VR market in 2016 in terms of the overall market share. Immersive VR devices aid users to achieve maximum isolation from the real world dimension into the virtual world.
• The GTD VR hardware includes sensors, processors, and displays. Furthermore, several companies are working on enhancing the quality of sensors and processors used in VR devices.
• In the entertainment and healthcare segments, VR applications can save time and reduce operational costs.
• The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016.
• The key industry participants include CyberGlove Systems LLC, Barco, Alphabet Inc., HTC Corporation, Oculus VR LLC, and Leap Motion, Inc.

Grand View Research has segmented the global virtual reality market based on device, component, technology, application, and region:

VR Device Outlook (Revenue, USD Million; 2014 - 2025)

• Head-Mounted Display (HMD)
• Gesture Tracking Devices (GTD)
• Projectors & Display Walls (PDW)

VR Component Outlook (Revenue, USD Million; 2014 - 2025)

• Hardware
• Software

VR Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Non-Immersive
• Semi & Fully Immersive

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

• Aerospace & Defense
• Commercial
• Consumer Electronics
• Industrial
• Medical
• Other

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• The Middle East & Africa (MEA)

Access Press Release of this Report: www.grandviewresearch.com/press-release/global-virtual-reality-vr-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Industrial Agitators Market Is Anticipated To Reach $3.46 Billion By 2024: Grand View Research, Inc.

The global Industrial Agitators Market is expected to reach USD 3.46 billion by 2024, according to a new report by Grand View Research, Inc. Industrial agitators market is expected to witness high growth owing to the rapid industrialization in emerging economies such as Brazil, India, and China. Increasing industrial activities in these countries are enhancing the demand for highly-efficient agitators. 

Agitators are efficiently used in the food &beverage, chemical and wastewater treatment applications. Hence, growing adoption of mixing and blending technology in process industries is projected to drive the market over the forecast period. 

Agitators are machines, which processes the products in industries for mixing liquids, increasing heat transfer and to promote the reaction of chemical substances. Demand for customized and advanced devices specific to the end-user application is further expected to drive market growth. Chemical and wastewater treatment industries have high complex agitation demand, which is further boosting the demand for these devices.

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

  

Further key findings from the report suggest:

• Top entry segment is estimated to grow at a CAGR of over 6.5% from 2016 to 2024.These agitators have long durability and offer homogenous and mixing needs of consumers as per their requirements. Moreover, increasing adoption in the chemical and oil & gas industry is boosting the overall industry growth.
• Chemical is a key application and is expected to dominate the market, growing at a CAGR of over 6.5% from 2016 to 2024. Increasing growth of chemical industry in the Asia Pacific region is projected to propel the demand for industrial agitators over the forecast period. They are used for uniform mixing of various liquids and follow rigid specifications for cleanliness, consistency, and accuracy.
• The North America industrial agitators industry is expected to remain the largest market owing to the widespread adoption of these devices in various industrial sectors. However, the regional market is highly saturated, and demand for efficient and technologically advanced agitators is increasing for replacing the existing devices. The regional industry is projected to account for over 30% by 2024, growing at a CAGR of over 6.0% from 2016 to 2024.
• Asia Pacific is expected to be the fastest-growing region owing to the growth in the industrial sector. Moreover, favorable government policies are boosting the regional demand.
• Key players in the industrial agitators market include Sulzer Ltd, Xylem Inc., EKATO Group, SPX Corporation and Philadelphia Mixing Solutions Ltd. The market is highly competitive owing to the presence of numerous manufacturers’ incorporating innovative technologies to offer product differentiation.

Grand View Research has segmented the industrial agitators market on the basis of equipment, and region:

Industrial Agitators Product Outlook (Revenue, USD Million, 2015 - 2024)

• Top Entry
• Side Entry
• Bottom Entry
• Portable
• Static

Industrial Agitators Application Outlook (Revenue, USD Million, 2015 - 2024)

• Chemical
• Water And Wastewater Treatment
• Oil, Gas And Petrochemical
• Food And Beverages
• Pharmaceutical
• Others

Industrial Agitators Regional Outlook (Revenue, USD Million, 2015 - 2024)

• North America
• Europe
• Asia Pacific
• ROW

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-industrial-agitators-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Allantoin Market Is Set To Reach $641.7 Million By 2022 | CAGR: 6.1%: Grand View Research, Inc.

The global Allantoin Market is expected to reach USD 641.7 million by 2022, according to a new report by Grand View Research, Inc. Rising product demand for manufacturing preventive healthcare products owing to its anti-irritant, moisturizing and soothing properties, is expected to drive the market growth over the forecast period.

The industry is expected to witness high growth in cosmetics application owing to its high demand for manufacturing face care, hand care, hair care and bath products. Growing application scope for the product in oral care products such as mouthwashes and toothpaste is expected to have a positive impact on the industry growth over the forecast period.

The product finds significant demand as a plant growth regulator, especially in the developed regions including North America and Europe, which is expected open market avenues for the product. The manufacturers are expected to invest in R&D to expand the application scope for the product in personal care and pharmaceutical applications.

The existing manufacturers in the industry are integrated across the value chain, which is expected to hamper the growth of new players. The market is pooled with well-established players, which has thus resulted in a high competitive rivalry. The subsequent threat of new entrants is also expected to be low on account of high initial cost and non-toxic nature.

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

Further key findings from the report suggest:

• Cosmetic application segment accounted for over 32.8% market share in 2016 and is expected to grow over the forecast period on account of high product demand for manufacturing gels, creams, and sun care lotions
• Pharmaceutical is expected to be the fastest growing application segment over the projected period, owing to its high demand for manufacturing wound healing creams and lotions
• The allantoin market in Latin America is expected to progress at a CAGR of 6.4% over the forecast period, owing to increasing foreign investments in the pharmaceutical and personal care sector in the region
• The market in European region is anticipated to progress at a steady CAGR over the forecast period on account of the well-established cosmetics industry coupled with rising demand for allantoin based cosmetic products
• The key players in the industry have integrated across the value chain by venturing into raw material manufacturing and distribution channel in order to cut down on operational costs

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

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2012 - 2022)

• Cosmetic
• Pharmaceutical
• Oral Hygiene
• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2012 - 2022)

• North America
  • US.
• Europe
  • Germany
• Asia Pacific
  • China
• Latin America
  • Brazil
• The Middle East & Africa

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-allantoin-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Smart Airport Market Size Is To Be $25.09 Billion By 2025 | CAGR: 10.7%: Grand View Research, Inc.

The global Smart Airport Market is expected to reach USD 25.09 billion by 2025,growing at a CAGR of 10.7%. according to a new report by Grand View Research, Inc. The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking.

Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period.

Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking.

Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions.

Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities.

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

Further key findings from the report suggest:

• Airports across emerging economies are increasingly adopting a smart airport approach by implementing innovative technologies, such as smart robots, self-check-in kiosks, beacon services, predictive analysis, and border control automation solutions
• Airports are increasingly expanding their airside operations by providing various services, such as in-wallet scanning, and geolocation and coordination of aircraft with real-time information on landing
• Airports across developed regions, such as the U.S., have now started providing automated parking facilities, in order to capture a higher revenue share of the non-aeronautical operations segment
• Asia-Pacific is estimated to emerge as the fastest-growing region over the forecast period, owing to a steep increase in passenger traffic coupled with upgrading and implementation of new technologies in airport communication and security systems
• Major countries across Europe are adopting Bluetooth-based beacon technology to provide a personalized experience to passengers, such as indoor wayfinding and nearby promotional offers, based on data collected regarding the passengers’ spending and usage habits

Grand View Research has segmented the global smart airport market on the basis of technology, application, location, and region:

Smart Airport Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Security Systems
• Communication Systems
• Passenger, Cargo, & Baggage Ground Handling Control
• Air/Ground Traffic Control
• Others

Smart Airport Application Outlook (Revenue, USD Million; 2014 - 2025)

• Aeronautical Operations
• Non-Aeronautical Operations

Smart Airport Location Outlook (Revenue, USD Million; 2014 - 2025)

• Landside
  • Vehicular Parking
  • Security
  • Advertisement
• Airside
  • Air Traffic Management (ATM)
  • Management
  • Aircraft Parking & Maintenance
• Terminal Side
  • Building Operations
  • Baggage Handling
  • Check-in Systems

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

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Mexico
  • Brazil
• Middle East & Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-smart-airports-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Milking Robots Market Value Is To Be $2.61 Billion By 2025 | CAGR: 11.8%: Grand View Research, Inc.

The global Milking Robotics Market size is anticipated to reach USD 2.61 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 11.8% during the forecast period. Growing demand for milk and milk products, need for automation, and high labor costs are anticipated to drive the market.

The milk production industry has witnessed an increase in herd size and demand for milk in the past few years. A prominent factor driving market growth is high labor costs. Robotics and automation technology has increased production capacities and operational efficiencies of milk producers. Furthermore, it is encouraging milk producers to adopt automation systems. Primary applications of milking robot systems include collecting and routing animals, cleaning teats, and milking operations. 

The multi-stall unit segment is expected to witness the highest growth rate over the forecast years. Increase in herd size has elevated the adoption of automation and robotic systems in the dairy farming industry. Advantages bestowed by the technology include higher efficiency in milk production, elimination of labor, increased milking efficiencies and frequency, and consistent quality.

The key market participants in the milking robots market include DeLaval, Inc.; BouMatic;GEA Group AG; Fullwood Ltd.; and Lely Holding S.A.R.L. Vendors are expected to witness a rise in demand for robotic solutions over the forecast years, owing to increasing technological advancements.

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

Further key findings from the study suggest:

• The multi-stall segment is presumed to be the fastest-growing segment with a CAGR of around 13.0% over the forecast period
• The above 1,000 herd segment will contribute significantly to market growth, owing to benefits such as increased performance and efficiency provided by systems used for this herd size
• Asia Pacific is expected to be the fastest-growing regional market, owing to increased demand for milk and milk products and growing herd sizes in India and China
• Major players in the market include DeLaval, Inc.; BouMatic; GEA Group AG; Fullwood Ltd.; and Lely Holding S.A.R.L.

Grand View Research has segmented the global milking robots market based on type of robotic system, herd size, and region:

Milking Robotics Type of Robot System Outlook (Revenue, USD Million, 2014 - 2025)

• Single-Stall Unit
• Multi-Stall Unit
• Rotary System

Milking Robotics Herd Size Outlook (Revenue, USD Million, 2014 - 2025)

• Up to 100
• Between 100-1,000
• Above 1,000

Milking Robotics Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Rest of the World

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-milking-robots-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Food Colors Market Is Poised To Reach $2.97 Billion By 2025 | CAGR: 5.9%

The global Food Colors Market size is expected to reach USD 2.97 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for colored food products owing to their aesthetic appeal and increasing use in end user industries is expected to drive the demand for food colors over the forecast period.

Growing demand for the product across various industries such as beverages, bakery & confectionary, and dairy products is likely to have a positive impact on the utilization of food colors in the foreseeable future. The demand for food colors for the production of canned products is also estimated to drive the industry growth.

Growing consumer demand for low-fat food is another factors which is expected to supplement the market growth in near future The rising adoption of processed food by consumers across the globe is estimated to translate into the growth in demand of the product. In addition, rising demand for alcoholic and non-alcoholic beverages is likely to drive the market growth over the forecast period.

Rising disposable incomes and changing lifestyles due to rapid urbanization are likely to have a positive influence on the market over the forecast period. Ongoing product innovation, consumer preference for high-quality products, and solidification of government regulations is likely to propel the growth in the next few years.

The absence of any notable substitute to the product results in negligible threat of product substitution. However, the industry is expected to witness internal substitution with natural food colors being increasing used as a substitute for synthetic food colors. The market is expected to witness a degree of uncertainty due to high degree of volatility observed in the prices of raw material.

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

Further key findings from the report suggest:

• Natural food colors are expected to reach USD 2.50 billion by 2025, owing to growing awareness among consumers regarding the health benefits associated with the product.
• CSDs and non-alcoholic beverages is estimated to be the fastest growing application with a growth rate of 6.4% over the forecast period, on the account of rising demand for juices, soft drinks, and carbonated soft drinks in emerging economies.
• The demand for the product in Asia Pacific is expected to reach a value of USD 868.0 million by 2025 in the wake of growing food and beverage industry in the region.
• The companies have adopted different approach to compete with each other. For example, Allied Bioitech Corporation have adopted a mono-product approach. It is global supplier for carotenoids and manufactures & distributes only on product.

Grand View Research has segmented the food colors market on the basis of product, application, and region.

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

• Synthetic
  • Red 40/Allura Red
  • Yellow No. 5
  • Yellow No. 6
  • Others
• Natural
  • Beta Carotene
  • Astaxanthin
  • Anthocyanin
  • Annatto
  • Others
• Natural-identical
  • Other Mixed Carotene
  • Lutein
  • Canthaxanthin
  • Lycopene
  • Curcumin
  • Titanium Dioxide
  • Others
• Others

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

• Dairy Food
• Non-Dairy Food
• CSD & Non-alcoholic Beverages
• Alcoholic Beverages

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-food-colorants-market

About Grand View Research

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

For More Information: www.grandviewresearch.com