Rodenticides Market Is Expected To Beat $993.4 Million By 2025 | CAGR: 3.3%: Grand View Research, Inc.

The global Rodenticides Market size is anticipated to reach USD 993.4 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 3.3% during the forecast period. Increased prevalence of rodent-related diseases and rising demand for rodent control are likely to be major factors driving market growth.

Increasing urbanization, coupled with demand to maintain high hygiene standards in the business, public, and residential sectors, is expected to augment demand. Over 54.0% of the world’s total population resides in urban areas, which is likely to register an increase of 66.0% by 2025, according to the United Nations (UN). Increasing population and rising consciousness regarding healthy environment are likely to augment demand for rodenticides over the coming years.

Stringent government policies regarding active ingredients used in production of rodenticides is predicted to be a major limiting factor over the forecast period. For instance, in Canada, only zinc phosphide and strychnine are registered for use as rodenticides. Natural rodenticides use non-toxic and food grade ingredients approved by the EPA.

Rodenticide manufacturers are continuously engaged in research and development of active ingredients for production of superior quality products that provide higher efficiency. Companies lay high emphasis on increasing their regional presence in order to tap unexplored markets.

The report “Rodenticides Market Size, Share & Trends Analysis Report By Mode of Application (Pellets, Blocks, Powder & Spray), By Product, By End Use (Pest Control Companies, Household, Agriculture), And Segment Forecasts, 2018 - 2025” is available now to Grand View Research customers and can also be purchased directly from
To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/rodenticides-market

Further key findings from the report suggest:
  • By product, the non-anticoagulant segment is likely to register the highest CAGR of 4.0% from 2017 to 2025 due to higher efficiency in destroying rodents in comparison to anticoagulants
  • The powder and spray mode of application is expected to register a sluggish CAGR of 2.5% from 2017 to 2025. Use of such modes spreads particles into the air when used in ventilation, which, in turn, could harm pets and humans
  • By end use, the agriculture segment is projected to register a CAGR of 3.9% from 2017 to 2025. Increase in damage to grains, farm equipment, and crop by rodents is likely to drive segment growth over the forecast period
  • Demand for rodenticides in China is anticipated to signify a CAGR of 6.6% over the coming years. Acute rodenticides have been used in the country for many years and play a vital role in controlling rodent population
  • Central and South America is estimated to register a CAGR of 3.7% from 2017 to 2025. Rising rodent population in the region is a limiting factor for development or introduction of some crops, which is likely to propel demand for rodent control products in the coming years
  • Manufacturers are engaged in various acquisitions and new product developments to gain prominence in the market. For instance, Rentokil Initial plc acquired Vector Disease Acquisition, LLC in November 2017 to expand its presence in North America.
Grand View Research has segmented the global rodenticides market on the basis of product, mode of application, end use, and region:
Rodenticides Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Anticoagulant
  • Non-anticoagulant
Rodenticides Mode of Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Pellets
  • Block
  • Powder & spray
Rodenticides End-use Outlook (Revenue, USD Million, 2014 - 2025)
  • Agriculture
  • Pest control companies
  • Warehouses
  • Urban centers
  • Household
Rodenticides Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
Access Full Press Release of This Report By Grand View Research: 
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

In-vitro Toxicology Testing Market Size Would Raise Around $26.98 Billion By 2025

The global In-Vitro Toxicology Testing Market size is expected to reach USD 26.98 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 11.4% during the forecast period. Technological advancements in computational biology along with introduction of novel efficient algorithms help in conduct of efficient stimulation of in-silico animal models. This, in turn, has significantly curtailed the need for animal models for clinical studies, thereby providing a fillip to the market.

Furthermore, scientists are increasingly engaging in enhancing the efficiency of databases that are designed to catalog vast information for toxicity profiling. This, in turn, is anticipated to create ample growth opportunities for the market during the forecast period.

Growing inclination of government toward non-animal test and consequent establishment of guidelines on the use of alternative test assays for pre-clinical research and toxicology testing is expected to bolster the adoption of in-vitro toxicological tests.

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

Further key findings from the report suggest:
  • The pharmaceutical and cosmetic industries represented considerable cumulative share in 2016. As toxicological testing is the pre-requisite step in the development of any pharmaceutics as well as cosmetic products, these segment held the largest share
  • Cell culture technology is estimated to be the largest segment in terms of revenue owing to integral role of cell culture in clinical studies
  • Omics technology is anticipated to exhibit the highest CAGR during the forecast period. Rising awareness regarding the merits of the technology such as high accurate and rapid toxicology assessments is supplementing the growth of the segment
  • On the basis of application, cellular assays held the leading share in the market owing to constant development in cell culture techniques
  • North America dominated the market in 2016. On the other hand, Asia pacific is expected to register a noteworthy CAGR during the forecast period
  • Rapid advancements in health care infrastructure coupled with improving economic conditions in Asian countries are expected to drive the market in APAC
  • Some of the key participants in the market are Abbott; Bio-Rad Laboratories; and Thermo Fisher Scientific, Inc. These participants are engaged in collaborations with clinical research organizations and pharmaceutical industry.
Grand View Research has segmented the global in-vitro toxicology testing market on the basis of technology, method, application, end-use, and region:
In-vitro Toxicology Testing Technology Outlook (Revenue, USD Million, 2014 - 2025)
  • Cell Culture Tech
  • High Throughput Tech
  • Molecular Imaging
  • OMICS Tech
In-vitro Toxicology Testing Method Outlook (Revenue, USD Million, 2014 - 2025)
  • Cellular Assay
  • Biochemical Assay
  • In Silica
  • Ex-vivo
In-vitro Toxicology Testing Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Systemic Toxicology
  • Dermal Toxicity
  • Endorine Disruption
  • Occular Toxicity
  • Others
In-vitro Toxicology Testing End-use Outlook (Revenue, USD Million, 2014 - 2025)
  • Pharmaceutical Industry
  • Cosmetics & Household Products
  • Diagnostics
  • Chemicals Industry
  • Food Industry
In-vitro Toxicology Testing Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
  • Middle East & Africa
    • South Africa
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

Worldwide Flame Resistant Fabric Market Is Likely To Reach A Valuation Of $11.96 Billion By 2025

Based on the findings of a research report published by Grand View Research, Inc.; the worldwide flame resistant fabric market is likely to reach a valuation of $11.96 billion by 2025. Favorable regulatory scenario encouraging the use of such materials for fire safety is anticipated to boost the market development over the forecast period (from 2016 to 2025). The overall market was valued at 2.49 million tons in terms of demand in the past. It is predicted to exceed 4.0 million tons growing at a rate of 4.9% during the forecast years. The rising demand for flam resistant materials from various industries such as electronics, transportation, and construction is also expected to spur the overall market in near future.

On the other hand, increasing costs of research and development for introducing new, highly advanced technologies and products may hamper the market expansion in future. However, shifting focus of different sectors on ensuring safe working environments and rising awareness levels regarding safety among employees are likely to positively affect the flame resistant fabric market growth over the coming years. In addition, strict rules and regulations regarding fire safety in the construction industry have impelled the adoption of flame retardant fabrics, which may further boost the market.


Furthermore, flame resistant materials are used extensively by the gas and oil and chemical industries for safety of workers due to greater risks of accidents in these industries .This is also anticipated to augment the global market growth over the forecast period. Moreover, high demand for these materials for stage drapery to be used in public places, like theaters, is also projected to fuel the market development during the next seven years.

The global flame resistant fabric market is categorized as per product type, application, end user, and region. On the basis of product type, the market is bifurcated into halogenated flame retardants and non-halogenated flame retardants. On the basis of application, the market is segregated as epoxy resins, polyolefins, polyvinyl chloride, unsaturated polyester, engineering thermoplastics, styrenics, rubber, and others. On the basis of end user, the market is fragmented into electronics and electrical, transportation, construction, and others.

On the basis of geographies, the market is divided into Asia Pacific, Central and South America, Europe, Middle East and Africa (MEA), and North America. The Asia Pacific region led the global market in 2015 accounting for 47.9% of the overall volume share. Rising product demand from economies such as India, China, and Japan is boosting the regional market development. In addition, the presence of manufacturing plants of different industries such as automotive and electronics and electrical, is expected to drive the product demand in this region.

The Europe regional market was valued at 600 kilo tons in terms of demand in 2015. The region is estimate to grow further on account of rapid industrialization, increased awareness levels, and stringent regulations regarding fire safety. The Central and South America regional market for flame resistant fabric is estimated to witness a substantial growth at around 5.3% from 2016 to 2025.

The major companies operating in the global flame resistant fabric market include DSM N.V.; Clariant International Ltd.; Israel Chemical LTD.; Chemtura Corp.; DSM N.V.; and Albemarle Corp. Product and technological developments are some of the key strategies followed by most players in the global market. For instance; a flame resistant workwear manufacturing company called Workrite Uniform Co. recently added two new products, a balaclava and a plaid shirt, to their Dickies FR product line. These new products combine flame resistant protection with a new look and comfortable fit of the Dickies X-Series. The two products are also UL certified to NFPA 2112 and are designed to withstand industrial laundering.

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

Enzymes Market Is Estimated To Reach $17.50 Billion By 2024: Grand View Research, Inc.

According to a report by Grand View Research, Inc.; the global enzymes market is predicted to value USD 17.50 billion by 2024. Growing necessity for quality food among consumers and pharmaceutical formulations to cure chronic diseases can stimulate demand for enzymes. Being present in all living things, enzymes can target and expedite chemical reactions by a million times. They are helpful in metabolic processes, digestion, and removal of waste in humans and animals.

Rising applications of enzymes in food and beverage products to eradicate deficiencies and improve quality can stimulate market growth in the coming years. Supportive government policies to produce biodiesel and bioethanol are likely to fuel demand for enzymes. Growing adoption of processed food owing to increase in population can stimulate market growth over the forecast period (2013 to 2024). Continuous forensic and biological research on enzymes is projected to propel the market in near future.


For instance, a new filtration system based on natural enzymes can remove harmful chemicals from wastewater. Endocrine disruptors are chemicals, which can interfere with hormone system in human beings and wildlife to produce adverse effects. Such chemicals originate from plants and chemicals synthesized from household and industrial products such as flame retardants and pesticides. Long-term exposure to these chemicals can lead to cancer and birth defects. This new system is likely to use enzymes from microbes and fungi to react with endocrine disruptors and break them into harmless pieces.

Limitation of carbohydrases to work under controlled temperature and pH is anticipated to hinder growth of the enzymes market. In addition, uncertain regulations against use of enzymes as additives can obstruct market growth in the coming years. Propelling inexpensive DNA sequencing technology coupled with developing protein design algorithms can create worthwhile opportunities for multiple end-use industries over the forecast period.

The worldwide enzymes market can be segregated on the basis of type, product, application, and regions. Based on type, the market can be segmented into industrial and specialty enzymes. Based on product, the market can be divided into proteases, carbohydrases, lipases, polymerases & nucleases, and others. Based on application, the market can be split into animal feed, textile, food & beverages, detergents, nutraceutical, personal care & cosmetics, paper & pulp, and wastewater.

Regional segmentation includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, the market is expected to grow in the next few years owing to rising food & beverage industry and high disposable income. In addition, penetration of retail business coupled with development of genetically engineered products can propel demand for enzymes in the region.

In Europe, the enzymes market is predicted to display profitable growth in the coming years owing to increasing production of biofuel in the region. In 2015, it was the second largest market with a valuation of USD 2.16 billion. In addition, rising demand for cattle feed and its hybrid variants can propel market growth in the region.

In Asia Pacific, the market is anticipated to witness substantial growth at a CAGR of 10.5% in the next few years. This expansion can be attributed to rise in food & beverage and pharmaceutical sectors in the region. In addition, supportive government initiatives like “Make in India” and Foreign Direct Investment (FDI) can further impel market growth.

In Latin America, the market is estimated to grow owing to high demand for processed food, bakery, and confectionery in the region. In addition, huge untapped consumer base can impel market growth in the next few years.

In MEA, the market is predicted to grow at slow pace owing to constant warfare in the region. However, investment of large organizations in the region can bode well for the market. Backwardness in healthcare sector can impel market growth in this region.

Some of the prominent companies operating in the market for enzymes are Danisco, DuPont Genencor,DSM, Novozymes, and BASF. 


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

Chocolate Confectionery Market Is Poised To Reach $154.5 Billion By 2025: Grand View Research, Inc.

The global Chocolate Confectionery Market is anticipated to reach USD 154.5 billion by 2025, according to a new report by Grand View Research, Inc. Recent approvals of factor concentrate by regulatory bodies, favorable government initiatives and mandates, and rising adoption of prophylaxis treatment are the key factors that are driving the market growth.

The Chocolate Confectionery market growth is anticipated to increase due to favorable impact of advertising. Chocolate confectionery manufacturing companies conduct several marketing & promotional activities to increase the outreach of their products amongst their targeted end user segments. In addition, appealing packaging of products, innovative branding activities and promotional events increase the demand for chocolates amongst consumers. Gift packages with chocolates, products targeting holiday and festival seasons, “healthy snack sized” products are very popular amongst parents and children who constitute a major end user segment. Moreover, marketing strategies targeting kids is gaining momentum in this market. For instance, Ferrero India has initiated several marketing activities to promote the sales of its Kinder Joy chocolates.

The company has focused on branding the products keeping kids as the target audience. The company has introduced the kinder toys within the chocolates and strategies such as blue chocolates and pink chocolates aimed at boys and girls respectively. In addition, the company also has conducted several marketing events. For instance, in the 2016, the company initiated an innovative platform for storytelling, namely ‘The Kinder Joy story station’ to increase brand engagement. This platform resulted in the company receiving over 2.2 million calls in three months. Such advertising and marketing strategies are bound to increase the demand for chocolate confectionery products over the forecast period.

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

Further Key Findings From the Study Suggest:
  • Countlines market accounted for the largest share in 2016. Countlines are patronized by the modem eat-on-the-move, modem snacking consumer with informal eating patterns.
  • Dark chocolate is likely to witness the fastest growth over the forecast period as it is considered a healthier option with lower calories as compared to milk and white chocolates.
  • Asia Pacific is anticipated to witness substantial growth over the forecast period, owing to large population base and rising disposable income in the region. In addition, several large international players are setting up local manufacturing, production & storage facilities in varied countries in this region such as India and China.
  • Major players of the market include, Mars, Inc., Mondelēz International, Inc., Nestlé S.A., the Ferrero Group, and The Hershey Company.
Grand View Research has segmented the global Chocolate Confectionery market on the basis of product and region:

Chocolate Confectionery Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Boxed
  • Countlines
  • Molded Bars
  • Seasonal Chocolates
  • Straightlines
  • Others
Chocolate Confectionery Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Milk
  • Dark
  • White
Chocolate Confectionery Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
Access Full Press Release of This Report By Grand View Research: www.grandviewresearch.com/press-release/global-chocolate-confectionery-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

Transfection Reagent & Equipment Market Is Poised To Reach $1.08 Billion By 2022: Grand View Research, Inc.

The global Transfection Reagent & Equipment Market size is expected to reach USD 1.08 billion by 2022, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.4% during the forecast period. The growth of the market can be attributed to ongoing oncology-based research & development that aimed at understanding disease cause at genomic & molecular levels coupled with consequent surging demand for targeted therapies.

Transfection technology is recognized as an integral part of research programs pertaining to thorough investigation of various chromosomal anomalies. Hence, rising cancer prevalence of cancer as well as genetic conditions is anticipated to provide a fillip to the market. Furthermore, funds and grants by funding and government bodies are likely to back the growth of the market.

Funding and federal agencies, such as National Science Foundation (NSF), are offering the biotechnology sector with huge funding to carry out their biotechnology-based investigational studies. Moreover, international funding bodies such as NIH and Welcome Trust are projected to play a crucial role in the growth of the market by providing funds for genetic research studies. Such significant funds and grants are poised to boost the adoption of transfection technology over the forecast period.

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

Further Key Findings From the Report Suggest:
  • On the basis of method, electroporation and liposomal transfection accounted for substantial cumulative share in the market. Several advantages offered by these techniques over other methods in terms of timeliness, complexity, and variability are supplementing the growth of the segment
  • Transfection technology serves a wide range of applications with gene expression studies being the largest application in terms of revenue in 2016
  • North America was the most prominent regional market in 2016. The growth of the region can be attributed to presence of prominent participants coupled with well-established biotechnology & genomic industries
  • Asia Pacific is estimated to post a noteworthy CAGR during the forecast period owing to increasing investments by international players for business expansion and rising buying power of consumers
  • Thermo Fisher Scientific Inc.; Promega Corporation; QIAGEN; and F.Hoffmann-La Roche Ltd are some prominent players in the market. These companies are undertaking several endeavors to enhance their shares in the market
Grand View Research has segmented the global transfection reagent & equipment market on the basis of product, method, application, and region:

Transfection Reagent & Equipment Product Outlook (Revenue, USD Million, 2014 - 2022)
  • Reagents
  • Equipment
Transfection Reagent & Equipment Method Outlook (Revenue, USD Million, 2014 - 2022)
  • Electroporation
  • Liposomes
  • Particle Bombardment
  • Microinjection
  • Adenoviral Vectors
  • Direct Microinjection
  • Calcium phosphate
  • DEAE - dextran
  • Magnetic Beads
  • Activated Dendrimers
  • Laserfection
Transfection Reagent & Equipment Application Outlook (Revenue, USD Million, 2014 - 2022)
  • Gene Expression Studies
  • Protein Production
  • Transgenic Models
  • Therapeutic Delivery
  • Cancer Research
  • Biomedical Research
Transfection Reagent & Equipment Regional Outlook (Revenue, USD Million, 2014 - 2022)
  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
  • Middle East & Africa
    • South Africa

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

Polybutadiene Market Size Is Predicted To Reach Around $5.83 Billion By 2025 | CAGR: 4.6%

The global Polybutadiene Market is expected to reach USD 5.83 billion by 2025, according to a new report by Grand View Research, Inc. The rising demand for synthetic rubber in automobile tire manufacture is expected to boost market growth for polybutadiene.

The high demand for polybutadiene can be attributed to properties such as abrasion resistance, high resilience and cut growth resistance. It is used in combination with other rubbers for the manufacture of tires, industrial products, and consumer products. Tire manufacturing is the major application segment in the market. Manufacturers are also exploring downstream potential as the price of polybutadiene in these applications is more stable.

The demand is high in Asia Pacific owing to the presence of a robust application industry. The presence of companies such as JSR Corporation and Reliance Industries Ltd. is driving market growth in this region.

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

Further key findings from the report suggest:
  • High cis derivative is expected to be the fastest growing product segment registering a CAGR of 4.7% from 2017 to 2025 owing to increased demand from tire manufacturing industry
  • Polymer modification application is projected to grow at a CAGR of 4.1% from 2017 to 2025 due to increased demand for modified polymers and golf balls
  • North America accounted for 22.4% of the polybutadiene market in 2016 courtesy presence of major tire manufacturers including Goodyear, Cooper Tires and Pro-line
  • The demand in Middle East & Africa is expected to witness below average growth rates on account of price volatility as a result of reduced crude oil production
  • Manufacturers have now switched from nickel-butadiene rubber facility to neodymium-rubber facility due to increased demand for high cis derivatives used in the manufacture of high performance tires
  • In 2014, Trinseo converted its Nickel Butadiene Rubber (Ni-BR) production facility in Schkopau, Germany, to Neodymium Butadiene Rubber (Nd-BR)
Grand View Research has segmented the global polybutadiene market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • High cis polybutadiene
  • Low cis polybutadiene
  • High trans polybutadiene
  • High vinyl polybutadiene
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Tire Manufacturing
  • Polymer Modification
  • Industrial Rubber Manufacturing
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
Access Full Press Release of This Report By Grand View Research: https://www.grandviewresearch.com/press-release/global-polybutadiene-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 Coding Market Size Would Be $25.4 Billion By 2025 | CAGR: 10.0%

The global Medical Coding Market size is expected to reach USD 25.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a 10.0% CAGR during the forecast period. Rising need for a universal language to reduce frauds and misinterpretations associated with insurance claims is driving market growth.

Presently, medical coding is in its initial phase with frequent introduction of advanced versions of classification systems. In addition, number of coders is constantly rising as a result of career opportunities in this field. Escalating demand for coding services, coupled with the aforementioned factors, is driving market growth.

Constant revisions in classification systems and its global acceptance is expected to result in lucrative growth during the forecast years. Rising demand for world-class healthcare services in developing regions is also anticipated to boost adoption of medical coding procedures.

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

Further key findings from the report suggest:
  • The number of professional coders is expected to rise significantly during the forecast period, boosting the number of companies providing platforms for medical coding professionals
  • North America is expected to dominate the market throughout the forecast period. High demand for specialist coders and presence of a favorable healthcare system are key factors anticipated to drive market growth
  • Asia Pacific is anticipated to exhibit lucrative growth during the forecast period. Increasing number of trained coders and provider companies is anticipated to fuel market growth in the region
  • The market is highly fragmented with presence of many local providers offering a wide array of services
  • Some of the major companies are Oracle Corporation; STARTEK Health, Aviacode, Inc.; Verisk Analytics; Maxim Health Information Services; Parexel International Corporation; Medical Record Associates LLC; and Precyse Solutions, LLC.
Grand View Research has segmented the global medical coding market on the basis of classification system, component, and region:
Medical Coding Classification System Outlook (Revenue, USD Million, 2014 - 2025)
  • International Classification of Diseases (ICD)
  • Healthcare Common Procedure Code System (HCPCS)
Medical Coding Component Outlook (Revenue, USD Million, 2014 - 2025)
  • In-House
  • Outsourced
Medical Coding Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
Access Full Press Release of This Report By Grand View Research: www.grandviewresearch.com/press-release/global-medical-coding-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

Insulation Market Is Predicted To Beat $101.32 Billion By 2025 | CAGR: 8.6%: Grand View Research, Inc.

According to a study by Grand View Research, Inc.; the global insulation market is estimated to rise to a valuation of USD 93.34 billion by the end of 2024. The market is expected to expand at a CAGR of 8.4% between 2016 and 2024 (forecast period). Most of the insulation products available offer advantages such as hassle-free and quick installation and high noise reduction coefficient (NRC) value. In addition, they ensure prevention of cracks in buildings caused due to thermal stress.

Increasing emphasis on energy efficient buildings in the wake of skyrocketing cost of generating energy is one of the key growth stimulants of the market. High usage of air conditioners and refrigerators in commercial and residential buildings is followed by high energy demand, which augments the energy consumption across the globe. Insulation materials minimize the leakage of energy and thus, cut down on excess wastage of power, which boosts the efficiency of a building. Demand for insulation in the residential sector accounted for 39.1% of the overall market revenue in 2015 and is projected to amount to more than USD 36.3 billion by 2024.


The insulation market size was worth USD 44.46 billion in 2015. Rising awareness among consumers regarding energy conservation and safety can provide a fillip to the market in years to come. Favorable regulatory scenario across the globe, such as new building codes implemented by the European Union mandates increased usage of insulation to cut down energy consumption, is likely to have a positive influence on the market.

Several government organizations are offering rebates to common masses for upgrading insulation set-ups at their homes and offices. For instance, in January 2017, NB Power announced a rebate program to encourage homeowners to upgrade their insulation systems. The program offers homeowners incentives to step up the R-value of their walls, basements, and attics to render their homes more energy efficient.

Rising disposable income of people around the world is also playing an important role in the development of the market. Governments, especially in developing countries, are allocating significant budgets to infrastructure development, which is anticipated to allow the market to gain remarkable momentum in coming years.

Protean prices of crude oil are directly affecting the prices of raw materials such as styrene that is used in the manufacturing of insulations. Therefore, volatile prices of raw materials can adversely affect the growth of the market. Nevertheless, growing expenditure on R&D by key players can augur well for the market.

The worldwide insulation market has been segmented on the basis of product, application, and geography. Based on product, the market has been classified into mineral wool, foamed plastic, and fiberglass. Foamed plastic accounted for the leading share of 45.0% in 2015. The segment is poised to register a CAGR of 8.9% during the forecast period. By application, the market has been categorized into residential construction, non-residential construction, industrial, heating, ventilation, and air conditioning (HVAC), and original equipment manufacturer (OEM). Nonresidential construction is likely to exhibit the highest CAGR of 9.1% during the forecast period.

From a geographical standpoint, the market has been divided into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Asia Pacific was at the forefront of growth in 2015, representing 42.4% of the overall market revenue. Increasing construction of residential and commercial buildings is contributing to the growth of the regional market for insulation. Rapid industrialization coupled with growing spending in infrastructure development in countries such as India, China, Thailand, Indonesia, Malaysia, and the Philippines is supplementing the growth of the region. Owing to these factors, APAC will maintain its dominance in the market through 2024, rising at a CAGR of 9.4% over the forecast period.

Some of the prominent companies operating in the insulation market are Rockwool, Saint-Gobain, Huntsman Corporation, Johns ManvilleCorporation, andGAF Materials Corporation. 

  
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

Gelatin Market Would To Reach $4.08 Billion By 2024: Grand View Research, Inc.

The global Gelatin Market is estimated to reach a valuation of USD 4.08 billion by 2024, states a report by Grand View Research, Inc. Gelatin is a food derived from collagen, which is obtained from animal skin and bones. Animal sources include fish, cattle bones, pig skin, and bovine hides. Collage-based supplements are essential for repairing muscle and improving bone strength. It can make up for any deficits caused by aging, hormonal changes, overwork, and alcohol use. Bovine-based collagen supplements are used in treating osteoarthritis and improving gut health.

The gelatin market is estimated to touch 651.7 kilotons in terms of demand by 2024, exhibiting a 5.3% CAGR from 2016 to 2024. This growth can be attributed to the superior binding characteristics and application of gelatin in food & beverage and pharmaceutical sectors. The demand for convenience foods from economies such as the Middle East, China, and India is expected to drive the market over the forecast period (2013 to 2024). However, the presence of polysaccharide as a viable substitute for gelatin may pose a threat to market growth.


The source of gelatin has received a sharp reaction from religious groups such as Jewish and Muslim and strict vegetarian groups. In order to appease their concerns, manufacturers are focusing on research and development to produce gelatin from natural sources. For instance, Triskelion B.V., a Dutch company, has developed the Liquid chromatography–mass spectrometry (LC-MS) method to identify the source of gelatin in 2017. This method is expected to bring transparency required by the consumers. In addition, manufacturers are also specifying the source of gelatin on product labels due to the rising preference for clean label ingredients. This is also evident in the new strategy adopted by Rousselot S.A.S.

The global gelatin market is segmented by raw material, function, application, and region. By raw material, the market is divided into cattle bones, bovine hides, pig skin, and others. On the basis of function, the market is fragmented into gelling agent, thickener, stabilizer, and others. Major market applications include food & beverages, nutraceuticals, personal care, photography, pharmaceuticals, and others.

Key regions covered in the market report include North America, Latin America (LATAM), Asia Pacific (APAC), Middle East and Africa (MEA), and Europe. Europe dominated the gelatin market in 2015, accounting for 42% of global revenue. Rising awareness of nutritional ingredients among consumers in France, Germany, and the United Kingdom (U.K.) is expected to positively impact market growth over the forecast period. In addition, the use of gelatin as a gelling agent is projected to benefit the food & beverage sector in Germany and France and stimulate regional market growth.
The North America market accounted for 24.4% market volume in 2015. This can be attributed to presence of well-known companies such as Cargill and Tyson Foods and their access to technologically advanced equipment. High disposable income of consumers in the region can also be credited as a contributing factor for market growth over the forecast period. The trend of humanization of pet foods is also predicted to impact market growth.

The APAC market is predicted to expand at a 6% CAGR from 2016 to 2024 due to growing healthcare tourism in Malaysia and Thailand. The India market is expected to garner high demand in near future due to availability of raw materials and demand for gelatin from processed food and healthcare sectors. Similarly, the China market is anticipated to gain a windfall due to discovery of donkey skin as a new source of gelatin.

Prominent players in gelatin market include Nitta Gelatin Inc.; Rousselot S.A.S.; Weishardt International; Roxlor LLC; and Catalent, Inc. Partnerships and new product launches are some of the strategies being employed by these players to capture a large share of the market. For instance, Geltor, Inc. is programming microorganisms to produce collagen from organic sources in 2017. Although on a small-scale, the company plans to scale its operations in the next five years.


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

Personal Emergency Response Systems Market Is Estimated To Generate $11.1 Billion By 2025

The global PERS Market is estimated to reach USD 11.1 billion by 2025, according to a new report by Grand View Research, Inc. Increasing incidence of Alzheimer’s disease and rising life expectancy are estimated to boost the market for Medical alert systems. Moreover, increasing number of mergers and acquisitions by market players are also expected to accelerate growth.

Furthermore, the elderly is more prone to falls, and according to a study, 50% of seniors aged 80 years and 30% of seniors aged 65 fall every year. In addition, those suffering from diseases such as epilepsy, Alzheimer’s, Parkinson’s, multiple sclerosis, and muscular dystrophy, are at a higher risk of falling. These are major factors that are estimated to drive the market.

In addition, availability of technologically advanced medical alert systems, such as those enabled with W-Fi, GPS, BLE, and radio frequency, help caregivers in finding wandering elders. Combination of PERS with mobile communication technology has enabled not only monitoring of users when they are at home, but also when they are traveling and leading active lives. Devices are now capable of predictive or automatic fall detection and connect the elderly to their caregivers and medical professionals. Increasing awareness about Internet of Things has presented a huge opportunity for medical alert systems to create connected homes. Thus, technologically advanced PERS devices have accelerated the growth of the market.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/medical-alert-personal-emergency-response-system-pers-market

Further Key Findings From the Report Suggest:
  • Standalone devices are expected to be one of the fastest growing segments over the forecast period owing to their accessibility and affordability
  • Mobile systems were the largest segment in 2016 due to their widespread utilization
  • Home-based users segment is estimated to be the fastest growing end-use segment over the forecast period and it was the largest end-use segment in 2016
  • North America dominated the market in 2016 owing to local presence of key players and increasing number of mergers and acquisitions
  • Asia Pacific is expected to be the fastest growing region over the next decade with a lucrative CAGR from 2017 to 2025 due to improved economic conditions and rise in healthcare expenditure
  • Some of the key players are Koninklijke Philips N.V.; ADT Security Services; Bay Alarm Medical; VRI, Inc.; Life Alert Emergency Response, Inc.; Tunstall; Medical Guardian LLC; AlertOne Services LLC; GreatCall; Rescue Alert; LogicMark; and Nortek Security and Control
  • Most of the key players are focusing on expanding their product portfolios, and engaging in collaborations and acquisitions
Grand View Research has segmented the global personal emergency response systems market on the basis of type, end-use, and region:
Type Outlook (Revenue, USD billion, 2014 - 2025)
  • Landline PERS
  • Mobile PERS
  • Standalone PERS
End-use Outlook (Revenue, USD billion, 2014 - 2025)
  • Home-based Users
  • Nursing Homes
  • Assisted Living Facilities
  • Hospices
Regional Outlook (Revenue, USD billion, 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa

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

Unsaturated Polyester Resin Market Is Poised To Reach USD 11.37 Billion by 2020: Grand View Research, Inc.

The Global Unsaturated Polyester Resin (UPR) Market is expected to reach USD 11.37 billion by 2020, according to a new study by Grand View Research, Inc. Growing construction industry as a result of industrialization in emerging countries including China, India and Brazil is expected to increase Fiberglass Reinforced Plastics (FRP) demand. UPR is extensively used in the manufacturing of FRP and is expected to witness growth on account of growing FRP use in construction. Increasing use of tanks & pipes in the chemical industry is expected to propel UPR demand over the forecast period.

Building & construction was the most dominant end-use of UPR with demand estimated at over 1,100.0 kilo tons in 2013 owing to increasing FRP usage. Increasing application scope in industries including marine, aerospace, automotive and chemical is expected to result in high demand for UPR over the next six years. UPR use in tanks and pipe is expected to be a key area of development for the market over the forecast period.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/unsaturated-polyester-resin-upr-market
  
Further key findings from the study suggest:
  • Global UPR demand was estimated at 4,509.3 kilo tons in 2013 and is expected to exceed 6,800.0 kilo tons by 2020, growing at a CAGR of 6.3% from 2014 to 2020.
  • Orthopthalic resins are widely used in transport, construction and marine industries owing to low cost as compared to DCPD resins. However, the latter are increasingly gaining acceptance due to low VOC emissions and are estimated to gain share over the next six years. DCPD resins are expected to witness fastest growth at an estimated CAGR of 6.7% from 2014 to 2020.
  • Construction industry is expected to witness high UPR demand primarily due to lightweight and high sustainability of FRP. Increased infrastructure spending by emerging countries is expected to positively impact UPR demand.
  • Asia Pacific accounted for more than 50% of market volume share in 2013 owing to high end-use industry growth. Emerging economies of India and China are experiencing rapid industrialization resulting in infrastructure improvement and increased marine, transport, aerospace and automobile industries which are key factors responsible for high market share.
  • UPR market has numerous domestic participants catering to end-use industries in their respective region. The market is fragmented on a global level with the top four companies accounting for less than 25% of the market in 2013. Key global participants in the market include BASF, Dow Chemicals, Ashland and CCP Composites.
Grand View Research has segmented the global UPR market on the basis of product, end-use and region:
UPR Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
  • Orthopthalic
  • Isopthalic
  • DCPD
  • Others
UPR End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
  • Building & Construction
  • Tanks & Pipes
  • Electrical
  • Marine
  • Transport
  • Artificial Stones
  • Others
UPR Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
  • North America
  • Europe
  • Asia Pacific
  • ROW

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

Matcha Market Is Poised To Reach $5.07 Billion By 2025 | Growth Rate: 7.6%: Grand View Research, Inc.

The global Matcha Market is expected to reach USD 5.07 billion by 2025, according to a new report by Grand View Research, Inc. Rising prevalence of chronic diseases has augmented the demand for healthy and nutrient-rich food & beverage alternatives. Anti-oxidant and vitamin-rich composition of matcha tea has fueled the product demand across the globe. 

Anti-oxidants, including epigallocatechin gallate (EGCG), prevent diseases such as cancer, Type-2 diabetes, cardiovascular problems. EGCG present in the product can repair DNA damage caused by UV radiation and controls the proliferation of cancerous cells. The product also has the potential to reduce stress and promotes a state of relaxation. L-theanine present in the product acts in a synergistic way to activate alpha waves in the brain and thus improves brain functioning. Furthermore, high chlorophyll content of the product prevents toxin accumulation in body.

Key product grades available in the industry include ceremonial, classic, and culinary. Ceremonial accounts to be the most expensive product grade owing to its superior and high-quality production process. Classic grade is the most widely consumed variety, owing to its enhanced taste and flavor. The demand for culinary grade is predicted to grow at a robust pace, due to emerging use in bakery and cooking applications.

Asia Pacific held the largest share of the global industry revenues in 2016, owing to traditional tea culture in Japan and China. The product was majorly consumed in form of regular tea, followed by other beverages in Asia Pacific. Experiment and innovation led to the preparation of various beverages, including smoothies, lattes, and juices. Various cafes and food chains have incorporated various matcha tea-based foods and beverages in their product portfolios. North America has exhibited spurring demand over the recent past, owing to heightened consumer awareness in the U.S.

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

Further key findings from the report suggest:
  • The global matcha market was valued at USD 2.62 billion in 2016 and is expected to grow at a CAGR of 7.6% from 2017 to 2025, owing to rising consumer awareness regarding product features, such as detoxification, anti-ageing, and improvements to immune system
  • Culinary grade is estimated to be the fastest-growing segment of the overall product industry, over the forecast period, driven by the rapidly growing use of the product in formulation of snacks, desserts, bakery, and confectionery items
  • Classic grade was the largest segment of the industry, accounting for around 56% share of the global revenue in 2016, owing to the superior health benefits offered by this product grade
  • Regular tea application segment is expected to dominate the global market, owing to energy stimulation and detoxifying properties of the product
  • North America is expected to witness considerable growth over the forecast years, drive by the rising number of outlets selling matcha-based beverages in the U.S. market
  • Key players in the industry are focusing on expanding their product portfolios along with organizing events to boost consumer awareness, with the objective of sustaining major shares of the overall industry revenues 
Grand View Research has segmented the global matcha market on the basis of grade, application and region:

Matcha Grade Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • Ceremonial
  • Classic
  • Culinary
Matcha Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • Regular tea
  • Matcha beverages
  • Food
  • Personal care
Matcha Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa 

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

Headsets Market Is Going To Jump up Approx. $20,465.7 Million By 2024: Grand View Research, Inc.

The Headsets Market is estimated to reach approximately USD 20,465.7 million by 2024, according to a new study conducted by Grand View Research, Inc. The rise in the disposable income is remarkably driving the demand for application-specific headsets. The increase in consumer spending for consumer electronic products has significantly spurred the market growth. The growing demand for improved design and style is anticipated to favorably impact the industry growth. In addition to this, increasing popularity and adoption of smartphones, portable music players, laptops, tablets, and other mobile devices are expected to catapult the industry growth prospects.

Enhanced audio quality acoustics offered by in-ear products is substantially bringing traction in this industry. The advent of innovative technologies such as Bone Conduction, Near-field Magnetic Inductance (NFMI) Technology, and Design Improvements has led the market to gain traction globally.

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

Further key findings from the study suggest:
  • The in-ear product segment is projected to gain momentum over the forecast period. The segment was valued at approximately USD 5,162.4 million in 2015 and is projected to reach approximately USD 9,616.7 million by 2024, expanding at a CAGR of 7.2% from 2016 to 2024. Miniaturization, portability, and better comfort are the key advantages impelling the growth of in-ear headsets segment.
  • Headsets within the pricing range of USD 50-100 are predicted to witness a high demand during the forecast period. This is mainly due to the introduction of cost-effective quality products within this segment. This segment demand was valued at 95.0 million units in 2015 and is expected to grow at a CAGR of 12.4% from 2016 to 2024.
  • The commercial application segment is experiencing significant growth owing to the increasing adoption of headsets in BPO enterprises and the media and entertainment industry. The growing demand for enhanced user experience while playing PlayStation or high-quality graphics games on mobile applications has increased the demand for gaming and VR headsets as it stands today. The trend is likely to continue over the forecast period.
  • The Asia Pacific region is estimated to be the key market over the forecast period, owing to the increasing demand for headsets in countries such as China, India, and Japan. The availability of low-cost headsets from regional manufacturers is impacting the growth of the market positively. Additionally, the availability of affordable headsets manufactured byte leading players in order to remain competitive has also bolstered the market growth in this region. The growing competition among the third-party e-commerce channels (backed with large pockets venture capitals) is another key factor fueling the industry growth.
  • The key vendors dominating the industry include Apple, Inc., Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Bose Corporation, JVC Kenwood Corporation, Alclair Audio, Harman International Industries, Inc., and Panasonic Corporation
Grand View Research has segmented the global headsets market based on product, price, technology, application, and region:

Headsets Product Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
  • In-ear
  • Over-ear
Headsets Price Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
  • < 50
  • 50-100
  • > 100
Headsets Technology Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
  • Wired
    • ANC
    • Others
  • Wireless
    • ANC
    • Bluetooth
    • NFMI
    • Smart Headphones
    • Others
Headsets Application Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
  • Personal
    • ANC
    • Others
    • Fitness/Sports
    • Gaming
    • Virtual Reality
    • Casual
  • Commercial
    • Commercial
    • Media and Entertainment
    • BPO Enterprises
    • Professional
Headsets Regional Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • The Middle East and Africa
Access Full Press Release of This Report By Grand View Research: 

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

Flame Retardant Market Size Will Be Around Of $11.96 Billion By 2025: Grand View Research, Inc.

The global Flame Retardants Market is expected to reach USD 11.96 billion by 2025, according to a new report by Grand View Research, Inc. Favorable regulatory scenario promoting the use of these materials for fire safety is expected to fuel market growth over the forecast period. Flame retardants are added to potentially flammable products as a precautionary measure against fire hazards.

Stringent fire safety regulations and guidelines have forced construction industry to adopt flame retardant usage. The usage of the high amount of composite material and plastics has increased the risk of fire hazards. To reduce this risk and to increase the critical escape time in case of fire hazards, there has been an increase in FR usage and this trend is expected to grow over the next nine years thus benefitting flame retardant demand.

Non halogenated flame retardants emerged as the leading product segment and accounted for 57.7% of total market volume in 2015. The product segment is also expected to witness the highest growth of 5.7% over the forecast period. Favorable regulations regarding the use of non halogenated flame retardants are expected to drive this segment over the forecast period.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/flame-retardant-market
  
Further key findings from the report suggest:
  • The global flame retardant market demand was 2.49 million tons in 2015 and is expected to exceed 4.0 million tons by 2025, growing at a CAGR of 4.9% from 2016 to 2025
  • Aluminum hydroxide had the highest penetration within the non halogenated segment, in terms of demand in 2015 and is expected to grow at an estimated CAGR of 5.7% over the forecast period. Regulations restricting the usage of halogenated flame retardants have been benefitting their non halogenated counterparts
  • Epoxy resins were the largest application segment and accounted for 24.1% of total market volume in 2015. Polyolefins are expected to experience the fastest growth of 5.5% over the forecast period.
  • Electrical & electronics was the leading end-use industry consuming flame retardants with a demand share exceeding 40% in 2015. It is also expected to witness the highest growth of 5.2% over the forecast period. The growth of electronics industry particularly in Asia Pacific coupled with favorable regulations is expected to drive growth.
  • They are used widely in electronics & electrical industry to achieve the prescribed flammability standards. Components such as printed wiring boards, electrical connectors, wires & cables and electrical cabinets & enclosures use flame retardants.
  • Asia Pacific was the leading consumer and accounted for 47.9% of total market volume in 2015. The presence of manufacturing hubs, rising demand for construction and consumer electronics in the region are the primarily attributed reasons for the highest penetration. The region is also expected to witness the highest growth over the forecast period.
  • Major industry participants include Chemtura Corporation, Albemarle Corporation, Israel Chemical LTD., Clariant International Ltd., BASF, & DSM N.V. Companies have been inking agreements to allow the marketing and sale of their products in the regional markets. Capacity addition, expansion, and increase in raw material storage capacity to deal with demand fluctuations have been undertaken by major industry participants.
Grand View Research has segmented the flame retardant market on the basis of product, application, end use and region:
Product Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
  • Halogenated Flame Retardants
    • Brominated FR
    • Chlorinated Phosphates
    • Antimony Trioxide
    • Others
  • Non Halogenated Flame Retardants
    • Aluminum Hydroxide
    • Magnesium Dihydroxide
    • Phosphorous Based
    • Others
Application Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
  • Polyolefins
  • Epoxy resins
  • Unsaturated Polyester
  • Polyvinyl Chloride
  • Engineering Thermoplastics
  • Rubber
  • Styrenics
  • Others
End-Use Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
  • Construction
  • Transportation
  • Electrical & Electronics
  • Others
Regional Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
  • North America
    • US
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America
  • Middle East and Africa

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

mHealth Apps Market Is Projected To Reach $236.0 Billion By 2026

The global  mHealth apps market  size is expected to reach USD 236.0 billion by 2026, according to a new report by Grand View Research, In...