Waterborne Coatings Market Is Poised To Reach $146.11 Billion By 2022: Grand View Research, Inc.

The global Waterborne Coatings Market is expected to reach USD 146.11 billion by 2022, according to a new study by Grand View Research, Inc. Increasing construction and remodeling activities in emerging economies of Asia Pacific and Middle East is expected to drive waterborne coatings market growth over the next seven years. Waterborne coatings are widely used in interior & exterior paints, doors, trims and facades in architectural industry. Stringent government regulations in order to reduce volatile organic compounds (VOC) emissions associated with solvent based coatings are projected to propel market growth. Increasing automobile production in countries such as India, China, Thailand, Indonesia and Mexico has also prompted the demand for waterborne coatings.

Acrylic resins were the most dominant resin in waterborne coatings and accounted for over 80% of total market volume in 2014. They find wide application scope in end-use industries such as infrastructure and automotive refinishes owing to exterior durability coupled with low production cost. Polyurethane (PU) is expected to emerge as fastest growing resin at an estimated CAGR of 7.5% from 2015 to 2022. Superior PU properties over other resins are expected to drive its demand over the forecast period.
Access Full Research Report on Waterborne Coatings Market: www.grandviewresearch.com/industry-analysis/waterborne-coatings-market

Further key findings from the study suggest:
  • Global waterborne coatings market demand was 20.54 million tons in 2014 and is expected to reach 32.71 million tons by 2022, growing at a CAGR of 6.0% from 2015 to 2022.
  • Architectural was the largest application segment and accounted for 86.5% of the total market volume in 2014. Automotive OEM is anticipated to be the fastest growing application segment at a CAGR of 8.1% from 2015 to 2022.
  • Europe emerged as the largest regional market and accounted for 38.6% of global consumption in 2014. Stringent environmental regulations to minimize the use of solvent borne coatings are expected to drive the regional market over the forecast period.
  • Asia Pacific is expected to witness the highest growth of 7.9% from 2015 to 2022. Increasing infrastructure activities in India, China and Indonesia is expected to drive the regional market. Asia Pacific is expected to surpass Europe to become the leading consumer by 2022.
  • Global waterborne coatings market is moderately consolidated with presence of large multinational corporations. Some of the major companies operating in the global market include BASF, Berger Paints India Ltd., Kansai Paint Company Ltd., Axalta Coatings Systems LLC, and Nippon Paint Holdings Company LLC. Other prominent industry participants in global market comprise of  RPM International, PPG Industries Inc., Akzo Nobel NV, The Valspar Corporation, The Sherwin-Williams Company and Tikkurila Oyj.

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

Global Waterborne Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • Acrylic
  • Polyurethane (PU)
  • Epoxy
  • Alkyd
  • Polyester
  • Polytetrafluoroethylene (PTFE)
  • Polyvinylidene Chloride (PVDC)
  • Polyvinylidene Floride (PVDF)
  • Others
Global Waterborne Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • Architectural
  • General Industrial
  • Automotive OEM
  • Metal Packaging
  • Protective Coatings
  • Automotive Refinish
  • Industrial Wood
  • Marine
  • Coil
  • Others
Global Waterborne Coatings Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • North America
    • US.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America
  • 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
at No comments:

Pet Food Market Size Is Set To Reach $98.81 Billion By 2022: Grand View Research, Inc.

The global Pet Food Market is expected to reach USD 98.81 billion by 2022, according to a new report by Grand View Research, Inc. Growing trend towards pet adoption as a result of increasing number of nuclear families in emerging economies of Asia Pacific including India, China, Vietnam, and Indonesia is expected to drive the industry over the forecast period. 



Rising need for nutritious, healthy, and organic food on account of increasing awareness towards pet health is expected to augment demand. Increasing life expectancy in the region has led to older generation adopting pets to guide them through routine chores; this is expected to fuel demand over the forecast period. 

Innovations in specialty, premium and gourmet products, and packaging techniques are expected to propel growth in larger regions of the U.S., Europe, and Japan. In addition, focus on nutritive and functional pet foods and shift in preference towards dry pet food are key drivers for industry growth in developing economies.
Further key findings from the report suggest:
  • Nutritious food is expected to witness fastest growth, growing at a CAGR of 5.2% from 2015 to 2022. Changing lifestyles and growing concerns among consumers regarding pet health have led to increased consumer spending on nutritious pet food. Rising cases of obesity and other diseases including arthritis, diabetes, and high blood pressure among pets are expected to drive demand for nutritious products over the next seven years.
  • Dogs accounted for the largest consumption of these products, which accounted for over 59.0% share in 2014. Rising urbanization, increasing disposable incomes, and rising trend of nuclear families are some major reasons for rising pet ownerships, thus increasing demand for dog food over the forecast period.
  • In Europe, demand was valued at USD 15.71 billion in 2014. The market in Europe, especially Central and Eastern Europe, is growing, as consumers are increasingly humanizing pets and considering them as their family members. Pet owners are responding actively to the changing trends of innovation and trading in better quality substitutes. Pet population is considerably growing in Europe as people are adopting more and more pets for companionship. As a result, the growing number of pets in European households is contributing to the robust growth.
  • Some of the major players in industry include Mars Inc., Nestle SA, Colgate-Palmolive Co., Proctor & Gamble Co., Del Monte Foods Co., Agrolimen SA, Uni-Charm Corp., Nutriara Alimentos Ltda., Total Alimentos SA, Mogiana Alimentos SA, and others. Mars and Nestle are the leading players in the market accounting for around 55% of the total share. 

Grand View Research has segmented the global pet food market on the basis of product, application, and region:
Pet Food Product Outlook (Revenue, USD Billion, 2012 - 2022)
  • Dry Food
  • Wet/Canned Food
  • Nutritious Food
  • Snacks/Treats
  • Others
Pet Food Application Outlook (Revenue, USD Billion, 2012 - 2022)
  • Dog
  • Cat
  • Others
Pet Food Regional Outlook (Revenue, USD Billion, 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • Others
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
at No comments:

Medical Waste Management Market Is Set To Go Above $33.4 Billion By 2025: Grand View Research, Inc.

The global Medical Waste Management Market is expected to reach USD 33.4 billion by 2025, according to a new report by Grand View Research, Inc. The development of innovative manufacturing techniques in pharmaceuticals, medical devices is growing with rapid pace. The rise in hospitals, multispecialty clinics and diagnostic centers that require large number of inventories for day to day functioning is also leading to generation of more waste. Thus, overall growth in healthcare industry coupled with rising patient population requiring prolong medical and surgical aid is fueling the market growth.


Rapid growth in initiatives by government to support and raise funds in effective waste management is anticipated to drive the market growth. These programs are conducted for creating awareness regarding the importance of systems for proper waste disposal. Additionally, taking steps to set standards and guidelines for the same is anticipated to propel the market growth.  

The medical waste management involves high capital investment for managing hazardous by-products and disposal of infectious material. This disposal and recycling processes are associated with release of hazardous gases and compounds which may disturb the ecosystem and are likely to affect the industry growth.


 Further key findings from the study suggest:
  • The growing prevalence of infectious and chronic diseases coupled with overall growth of healthcare industry is augmenting the market growth
  • Most of the waste disposal treatments are performed offsite, however, to save cost and holding time, onsite treatment sites are expected to grow over the forecast period
  • The incineration segment accounted for the largest revenue share in 2016 however, other sophisticated non-incineration processes that are ecofriendly are projected to replace traditional incinerators
  • In 2016, North America dominated the global space with the largest revenue share of over 32.0% owing to growing healthcare industry and development of innovative techniques for disposal of material
  • Asia Pacific is expected to emerge as the fastest growing region during the forecast period, mainly due to growing social awareness regarding effective disposal and recycling.
  • Major players competing in the industry include but are not limited to Remondis Medison GmbH; Republic Services, Inc.; Sharp Compliance, Inc.; Stericycle, Inc.; Suez Environment, Inc.; Veolia Environment S.A.; Waste Management, Inc.
Read Our Blog: www.grandviewresearch.com/blogs/healthcare

Grand View Research has segmented the medical waste management market by services, treatment and region:
Medical Waste Management Services Outlook (Revenue, USD Million; 2014-2025)
  • Onsite
    • Collection
    • Treatment
    • Recycling
    • Others
  • Offsite
    • Collecting, transportation, storage
    • Treatment
    • Recycling
    • Others
Medical Waste Management Treatment Outlook (Revenue, USD Million; 2014-2025)
  • Incineration
  • Autoclaving
  • Chemical treatment
  • Others
Regional Outlook (Revenue, USD Million; 2014-2025)
  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • 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: https://www.grandviewresearch.com
at No comments:

Frozen Food Market Is Poised To Reach $360.36 Billion By 2024: Grand View Research, Inc.

The global Frozen Food Market is expected to reach USD 360.36 billion by 2024, according to a new report by Grand View Research, Inc. The increasing number of working married women is expected to favor the frozen food industry over the forecast period. They also contain more vitamins and minerals compared to fresh produce. Quick Freezing technology is incorporated fresh picked items to offer the consumers with exotic flavor and taste.



However, if these products are kept open or unused for a long time, they tend to lose their nutritional value and can be affected by microbial growth. In recent years, manufacturers introduced newer technologies that can freeze products in less than seven minutes and ponder upon their packaging material so that they do not lose their nutritional content. Frozen food producers via promotional events and exhibitions are introducing newer products also.
Companies are trying to introduce leverage new freezing techniques which include thermo-acoustic and magnetic freezing for resource efficiency in the manufacturing process. There have been innovations pertained to packaging by both manufacturers and retailers. In the U.S., edible packaging named Wikicell has been developed that offers sufficient protection for foods and helps them to maintain their flavor quality & packaging waste.

Access Full Research Report on Frozen Food Market: www.grandviewresearch.com/industry-analysis/frozen-food-market

Further key findings from the study suggest:
  • Frozen ready meals had the highest penetration in 2015 with a valuation of over USD 80 billion. Owing to busy lifestyles, consumers prefer easy cooking techniques. These food products just need to be heated for two-three minutes before human consumption.
  • A new model called time specific defrosting is likely to emerge in future years where products are defrosted slowly and potentially cooked once they are taken out
  • Asia Pacific is expected to witness the highest growth of 5.0% over the next eight years. Traditional cooking can often be time consuming and labor intensive for Indian & Chinese consumers. As a result, such convenient products often prove to be a lucrative opportunity for meal preparation.
  • The industry is highly fragmented with a presence of both multinational corporation and domestic companies. In a recent study by ConAgra Foods, it was reported that frozen meals are eaten as a part of a reduced calorie diet that helps the consumers learns the amount and correct options of eating.
  • Industry participants majorly include McCain Foods, General Mills, Inc, Dole, Nestle, The Schwan Food Company, Rich Products Corporation and Heinz.
Grand View Research has segmented the frozen foodmarket on the basis ofproductand region:

Product Outlook (Revenue, USD Billion, 2014 - 2024)
  • Frozen fruits & vegetables
  • Frozen potatoes
  • Frozen ready meals
  • Frozen meat
  • Frozen fish/seafood
  • Frozen soup
  • Other products
Regional Outlook (Revenue, USD Billion, 2014- 2024)
  • North America
    • US.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • Japan
    • China
    • India
  • Central & South America
  • 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
at No comments:

Car Rental Market Revenue Would Be $119.56 Billion By 2024: Grand View Research, Inc.

The global Car Rental Market is expected to witness a substantial growth over the forecast period, reaching USD 119.56 billion by 2024, according to a new report by Grand View Research, Inc. The industry is primarily driven by the growth as well as expansion of the global travel and tourism industry. There has been a significant increase in the number of business and leisure trips worldwide over the past few years.

The advent of online rental portals has helped shape the dynamics of the car rental industry. Growing usage of smartphones and tablets has helped customers to book and reserve cars from anywhere at any point of time. Major players, such as Enterprise Rent-A-Car and Avis Budget Group, are now focusing on developing smartphone applications and optimizing their customer-friendly websites to facilitate quick and convenient bookings.

However, compliance with stringent vehicle emission regulations is expected to challenge the demand for these services across the world. In addition to this, the instability in crude oil prices and growing demand for public transportation are presumed to challenge the growth to some degree over the forecast period.

Further key findings from the report suggest:
  • An emerging trend in the travel and tourism industry which is gaining immense popularity is the evolution of “Bleisure”, which refers to a combination of leisure travel with business trips. The growth in this trend is presumed to propel the demand for car rentals among businesses as well as leisure travelers.
  • Executive cars are expected to witness a considerable growth with an estimated CAGR of close to 7% from 2016 to 2024. Swift globalization culminating into increased business trips across the globe is the primary factor propelling the growth of these cars in the near future.
  • In terms of application, airport transport dominated the overall industry share in 2015 and is presumed to retain its dominance over the next eight years. Rapid globalization has resulted in a significant increase in the number of air travelers across the globe, which, in turn, has bolstered the growth prospects of the industry.
  • The Asia Pacific market was valued at over USD 12 billion in 2015 and is presumed to witness a substantial growth over the forecast period. The significant regional growth prospects can be attributed to the rising economic development, enhanced road and infrastructure facilities, and growth in tourism over the forecast period.
Grand View Research has segmented the car rental market on the basis of vehicle type, application, and region.

Car Rental Vehicle Type Outlook (USD Billion) 2013 - 2024
  • Luxury Cars
  • Executive Cars
  • Economy Cars
  • SUVs
  • MUVs
Car Rental Application Outlook (USD Billion) 2013 - 2024
  • Local Usage
  • Airport Transport
  • Outstation
  • Others
Car Rental Regional Outlook (USD Billion) 2013 - 2024
  • North America
    • US.
  • Europe
    • France
    • Germany
    • UK
  • Asia Pacific
    • Japan
    • Korea
    • China
    • India
  • South America
  • MEA
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: https://www.grandviewresearch.com
at No comments:

Cancer Diagnostics Market Value Is To Be $232.7 Billion By 2025 with CAGR: 7.2%: Grand View Research, Inc.

The global Cancer Diagnostics Market is expected to reach USD 232.7 billion by 2025, according to a new report by Grand View Research, Inc. Continual introduction of innovative products coupled with increasing need for early diagnosis of the disease is the prime factor driving the market growth. In addition, rapid growth of the sector is attributed to the penetration of technologically advanced laboratory systems that have improved oncological screening in yielding accurate outcomes. Rising incidence of cancer is triggering the demand for these screening tests and imaging modalities that are used for monitoring disease progression.


Collaborative and independent initiatives led by governments and companies are striving to raise cognizance about the benefits of early diagnosis of the disease. In addition, cancer research organizations along with public and private entities are investing heavily on research projects to launch advanced diagnostic tools in the market, which are capable of diagnosing the disease way before the symptoms appear.

Furthermore, giant players are collaborating with governments and other agencies to enhance patient accessibility of their products. For instance, Illumina, Inc. launched a new venture named GRAIL with investors, Jeff Bezos and Bill Gates, with an investment of more than $100 million. GRAIL is mainly focused on blood-based oncological screening for timely diagnosis of the most common tumor types through simple laboratory tests.


Further Key Findings from the Study Suggest:
  • Rapid adoption of technology and escalating need for early diagnosis is augmenting the growth of the imaging systems space. Thus, the segment is expected to grow at the fastest CAGR at over 8.0% during the forecast period.
  • The breast cancer segment, among other application segments, accounted for the largest share due to the high incidence rate of breast cancer triggering the need for its early diagnosis.
  • In 2016, North America dominated the global space with the largest revenue share of more than 41%. Focused research efforts in oncology for the development of early tumor detection tools coupled with grants from government healthcare agencies are contributing to a strong medical ecosystem to fight cancer in this region.
  • Asia Pacific is expected to emerge as the fastest growing region during the forecast period. The growing patient pool in India, China, and Japan; due to the support in diagnostic process at comparatively lower prices; and a favorable regulatory framework are some of the factors boosting the market growth in this region.
  • Major players competing in this market include GE Healthcare; Abbott; Hoffmann-La Roche Ltd and Siemens Healthcare GmbH. Other prominent players operating in the market include but are not limited to Becton Dickinson & Company; Illumina, Inc.; Koninklijke Philips N.V.; .and Hologic, Inc.
Grand View Research has segmented the cancer diagnostics market by screening type, application, and region:

Cancer Diagnostics Screening Type Outlook (Revenue, USD Billion; 2014 - 2025)
  • Laboratory Tests
  • Genetic Tests
  • Imaging
  • Endoscopy
  • Biopsy
  • Others (barium enema)
Cancer Diagnostics Application Outlook (Revenue, USD Billion; 2014 - 2025)
  • Breast Cancer
  • Colorectal Cancer
  • Cervical Cancer
  • Lung Cancer
  • Prostate Cancer
  • Skin Cancer
  • Blood Cancer
  • Kidney Cancer
  • Liver Cancer
  • Pancreatic Cancer
  • Ovarian Cancer
  • Others
Cancer Diagnostics Regional Outlook (Revenue, USD Billion; 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • 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
at No comments:

Automotive Coatings Market Is Predicted To Beat $36.31 Billion By 2025: Grand View Research, Inc.

The global Automotive Coatings Market is expected to reach USD 36.31 billion by 2025, according to a new report published by Grand View Research, Inc. Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.


Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.

Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.

Further key findings from the report suggest:
  • The global automotive coatings industry demand was 5,902.7 kilo tons in 2015 and is expected to grow significantly on account of increasing vehicle production in rapidly emerging countries including China, Japan, India, Mexico, Brazil, South Korea, Brazil, and South Africa
  • Waterborne coatings market demand is anticipated to witness strong growth in light of stringent regulations pertaining to the usage of solvent borne technology. In addition, superior properties, such as corrosion resistance, flexibility, hardness, stain resistance, adhesion, low flammability, and toxicity, are expected to surge product demand over the next nine years.
  • North America contributed to 22.7% of the overall revenue share in 2015 and is estimated to witness growth on account of rising demand for pickup trucks and utility vehicles in the region
  • Central and South America is expected to see substantial revenue rise at a CAGR of 5.4% from 2016 to 2025 owing to increasing small car production in Brazil. Furthermore, large automobile manufacturers including General Motors, Volkswagen, and Hyundai have been shifting their base to the region owing to lower operation costs, which is likely to aid in market expansion.
  • The industry is highly competitive in nature, and manufacturers are involved in continuous product development and R&D activities. Manufacturers including Axalta Coating Systems, PPG Industries, BASF, Nippon Paint, AkzoNobel, and Kansai Paint are some of the key players in the market.
  • In April 2015, Axalta established a new R&D technology center in Shanghai to develop new products for the global commercial vehicle, light vehicle OEM, refinish and industrial customers
Read Our Blog: www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the global automotive coatings market on the basis of product, technology, application, end-use, and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
  • Primer
  • Electro coat
  • Basecoat
  • Clear coat
Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
  • Waterborne Coatings
  • Solvent borne Coatings
  • Powder Coatings
  • UV-cured Coatings
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
  • Metal Parts
  • Plastic Parts
End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
  • Light Vehicle OEM
  • Commercial Vehicle OEM
  • Automotive Refinish
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
  • North America
    • US.
  • Europe
    • Germany
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • MEA
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
at No comments:
Subscribe to: Posts (Atom)

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...