Organic Rice Protein Market is Poised To Reach $154.4 Million By 2024: Grand View Research, Inc.

The global organic rice protein market is expected to reach USD 154.4 million by 2024, according to a new report by Grand View Research, Inc. Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles.

Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive R&D in order to develop hexane free organic rice protein thereby facilitating development.

Access Full Research Report on organic rice protein market: http://www.grandviewresearch.com/industry-analysis/organic-rice-protein-market

Further key findings from the report suggest

• Organic rice protein isolates are likely to witness CAGR of over 18% from 2016 to 2024. These produce high quality product with enhanced color, texture, and flavor in a cost effective manner, which is likely to augment demand for the product over the forecast period.
• Sports and energy nutrition application is expected to witness CAGR of over 16%, in terms of volume, from 2016 to 2024 due to rapidly growing demand in Europe and North America. High youth population coupled with increasing trend of sports & gym in Asia Pacific is likely to have a positive impact on the growth over the forecast period.
• North America is expected to witness significant growth from 2016 to 2024 due to the presence of key companies in the region. The players have been involved in extensive R&D in order to develop products focusing on numerous applications. High preference towards natural food ingredients in the regions is expected to propel demand for the product in meat analogues and extenders over the forecast period.
• Latin America demand was valued at over USD 1.5 million in 2015. Increasing government initiatives to promote use of organic food products coupled with high organic rice farming in the region is expected to augment demand for the product over the forecast period.
• The market is characterized by the presence of limited market players with the strong distribution network. Some of the key organic rice protein suppliers include American Supps, Nordic Food Partners A/S, Aggressive Health Shop, Bioden, and iHerb Inc. These companies are involved in the distribution of organic rice proteins on the global level.

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Grand View Research has segmented the global organic rice protein market on the basis of product, application, and region:

Organic Rice Protein Product Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

• Rice Protein Isolates 
• Rice Protein Concentrates 
• Others

Organic Rice Protein Application Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

• Sports & Energy Nutrition
• Bakery & Confectionery
• Meat Analogues & Extenders
• Dairy Alternatives
• Others

Organic Rice Protein Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

• North America
  • US.
• Europe
  • Germany
• Asia Pacific
  • China
• Latin 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

3D CAD Software Market is Predicted To Surpass $13.12 Billion By 2025: Grand View Research, Inc.

The global 3D CAD software market is expected to reach USD 13.12 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 5.8% over the forecast period, owing to increasing adoption of 3D printing and cloud-based CAD solutions has revolutionized the engineering software industry. Moreover, the advent of industrialization has led to the emergence of quality checks and inspection agencies to examine the entire product development and production processes. This has led manufacturers to meet the requirements of regulatory bodies. The need for meeting these rules and regulations are compelling product developers to adopt 3D CAD software to create quality products.

Furthermore, the increased focus on improving productivity by augmenting the design process is expected to boost the adoption of 3D CAD software. The need for product visualization and rapid prototyping is driving market growth. Additionally, end markets are focusing on outsourcing design and drafting services to boost their productivity. The need for faster time-to-market for offering reliable designs has facilitated the trend of design outsourcing. As these tools and solutions have become increasingly reliable and accurate over time, several industries such as aerospace, automotive, and manufacturing have transitioned from 2D to 3D solutions.

The competitiveness in this industry has intensified as solution providers have started collaborating with associated technology providers to expand into new markets. Customers consistently expect upgrades in the existing design and drafting products, as a result of which developers are heavily investing in R&D activities.

Access Full Research Report on 3D CAD software market: http://www.grandviewresearch.com/industry-analysis/3d-cad-software-market

Further key findings from the report suggest:

• The cloud segment is expected to witness the fastest growth due to the increasing transition from on-premise to cloud-based solutions
• The healthcare segment is anticipated to grow at a CAGR of over 7% from 2017 to 2025; this growth can be attributed to increasing regulations such as those imposed by the Food and Drug Administration (FDA) and Dubai Health Authority (DHA) on the development of customized medical devices
• The Asia Pacific 3D CAD software market is expected to emerge as the fastest-growing regional market; a huge potential exists for solution providers to tap the local market as the regional manufacturing sector still relies on traditional product designing methods
• Key industry players include Dassault Systemes, Autodesk, Inc., PTC, Inc., and Siemens PLM Software, Inc.
• Major players are competing through investments in sales and marketing to effectively reach a large number of customers

Grand View Research has segmented the 3D CAD software market based on deployment, application, and regions:

3D CAD Software Deployment Outlook (Revenue, USD Million; 2014 - 2025)

• Cloud
• On-premise

3D CAD Software Application Outlook (Revenue, USD Million; 2014 - 2025)

• AEC
• Manufacturing
• Automotive
• Healthcare
• Media & Entertainment
• Others

3D CAD Software Regional Outlook (Revenue, USD Million; 2014 - 2025)

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

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-3d-cad-software-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

Cyclohexane Market is Going To Exceed $32.3 Billion By 2025: Grand View Research, Inc.

The global Cyclohexane Market is expected to reach USD 32.3 billion by 2025, growing at a CAGR of 4.9% according to a new report by Grand View Research, Inc. Globally changing consumer behavior towards sustainability has been a significant factor driving market growth. Also, the increasing use in 3D printing is positively influencing the demand for the cyclohexane and its products. 

Growing population coupled with rapid urbanization and industrialization in emerging economies has also driven federal governments to increase their manufacturing spending to cater to the rising demand. The low production cost and relaxed government regulations further boosting the demand for cyclohexane in the global market. Also, global Nylon 6 Production is estimated to increase at a rapid rate, which is expected to increase demand for cyclohexane globally.

Recently, there has been a growing impetus towards the provision of greater quality products to retain customer loyalty, since low switching costs & lowly differentiated products have reduced supplier power in recent years. Companies are thus actively engaged in product development & research, technological advances and even strategic collaborations to improve their standing in the global market.

Access Full Research Report on Cyclohexane Market: http://www.grandviewresearch.com/industry-analysis/cyclohexane-market

Further key findings from the report suggest:

• The global cyclohexane demand was around 9,192 kilo tons in 2016 and is expected to grow at a CAGR of 4.0% between 2016 and 2025
• Caprolactam was the dominant application segment in 2016 and is projected to be worth USD 19 billion by 2025
• Cyclohexane’s value from nylon 6 end-use was estimated at over USD 11 billion in 2016. Textiles industry growth in South Asian markets will have a positive influence on the segment’s growth
• Asia Pacific is the largest region in terms of revenue in 2016 and is expected to maintain its dominance during the forecast period.
• Growth in the textile, electronics and automotive industry in the emerging countries such as China and India are expected to drive the growth of the cyclohexane market. Increasing demand for packaging materials is pushing the growth in the region.
• The market in Asia Pacific is expected to witness significant growth over the next few years owing to the increasing consumption of nylon in various sectors. The regional market is expected to grow at a CAGR of 5.6% from 2017 to 2025 in terms of volume
• Key industry participants include Sinopec Limited, BASF, BP PLC, Koninklijke DSM N.V. and Sigma-Aldrich Corporation, who dominate the cyclohexane industry in terms of production
• Improving supply chain efficiencies, and establishing exclusive supply agreements shall be a key factor in improving profitability of producers

Grand View Research has segmented the global cyclohexane market on the basis of application, end-use, and region:

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

• Adipic acid
• Caprolactam
• Others

Cyclohexane End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Nylon 6
• Nylon 66
• Others

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

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

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-cyclohexane-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

Molecular Diagnostics Market is Poised To Reach $17.9 Billion By 2024: Grand View Research, Inc.

The Global Molecular Diagnostics Market is expected to reach over USD 17.9 billion by 2024, based on a new report by Grand View Research, Inc. Increasing prevalence of infectious diseases including human papillomavirus and influenza is expected to be the primary driving force for the growth of the molecular diagnostics market. In the underdeveloped regions of Africa and Nigeria, other infections, such as HIV and tuberculosis, are soaring at a high growth rate since the last few years. This is estimated to increase the demand for early and accurate diagnostic techniques to curb their growth rate.

Prenatal genetic testing, performed for the purpose of early detection of abnormalities that develop in the fetuses of carrier parents, is also expected to widen the client base for the molecular diagnostics market. Moreover, the high adoption of unhealthy lifestyles further resulting in a large patient count afflicted with chronic diseases, such as diabetes and cardiovascular disorders, is also projected to positively impact the growth.

Access Full Research Report on Molecular Diagnostics Market: http://www.grandviewresearch.com/industry-analysis/molecular-diagnostics-market

Further key findings from the study suggest:

• The overall market is dominated by reagents with revenue generation of over USD 2.3 billion in 2015 owing to their elevated usage rates. Reagents are key products used in academic and research institutes to perform various molecular biology protocols further contributing toward the dominance of this segment.
• Instruments, such as PCR and next generation sequencing platforms, are being widely preferred by central laboratories and diagnostic institutes due to the rapid nature of these tests in delivering quick & reliable results and the high volume of diagnostic procedures in this segment. Thus, this segment is expected to maintain a constant growth at a CAGR of around 9.0%.
• Central laboratories led the global molecular diagnostics market by test location with revenue generation of around USD 4.0 billion in 2015 owing to their established base in the remote and developing regions
• On the other hand, the point of care devices segment witnessed the fastest growth with a CAGR of over 14.0%. The associated advantages include the user-friendly nature of these tests and quick healthcare delivery, which are estimated to propel the molecular diagnostics market.
• Infectious diseases held the largest share of over USD 2.9 billion in 2015. Molecular testing tools provide clinicians with better alternatives to detect countless infectious bacteria, virus, and pathogens in short time while delivering highly accurate results. Initiatives led by organizations, such as the WHO, in conducting diagnostic programs in regions with high risk areas is estimated to be a high rendering driver.
• The oncology segment is expected to exhibit a CAGR of around 13.0% over the forecast period. Rising awareness levels among people as well as healthcare professionals for cancer diagnosis is a key attribute propelling the market growth.
• The PCR segment dominated the market with revenue generation of over USD 2.6 billion in 2015, attributable to the growing applications of multiplex PCR over the conventional PCR procedure and the introduction of easy-to-use PCR handling kits.
• North America was observed to be the largest regional segment in 2015 with a share of over 45.0%. Key factors contributing toward the large share are well-established healthcare infrastructure, rising healthcare spending, increasing awareness levels among patients, and expansion of R&D activities related to drug discovery and development.
• Asia Pacific is identified as a lucrative segment with a CAGR of approximately 17.0% over the forecast period. Rising demand for improved diagnostic technologies employed for the prevention of epidemics, unaddressed clinical needs, and recent activities by key players targeting expansion in this region are the major factors supporting the market growth.
• Some of the major players include Novartis AG (Grifols), Siemens Healthcare GmbH, Bio-Rad Laboratories, Inc., Alere, Inc., Danaher Corporation, bioMérieux SA, Sysmex Corporation, Becton, Dickinson and Company, Johnson & Johnson Services, Inc., Bio-Rad Laboratories, Inc., Bayer AG, Qiagen, Hologic, Inc. (Gen Probe), Cepheid, F. Hoffmann-La Roche Ltd, and Dako
• The key players are advancing strategic collaborations with major technology-based companies & diagnostic centers and expanding into the developing regions in an attempt to increase their market share and attain stability

Grand View Research has segmented the global molecular diagnostics market on the basis of product, technology, applications, test location, and region:

Global Molecular Diagnostics Product Outlook (Revenue, USD Million, 2013 - 2024)

• Instruments
• Reagents
• Others

Global Molecular Diagnostics Technology Outlook (Revenue, USD Million, 2013 - 2024)

• PCR
  • Multiplex
  • Others
• In-situ Hybridization
• Chips and microarrays
• Mass spectrometry
• Sequencing
• Transcription mediated amplification
• Others

Global Molecular Diagnostics Application Outlook (Revenue, USD Million, 2013 - 2024)

• Oncology
  • Breast cancer
  • Prostate cancer
  • Colorectal cancer
  • Cervical cancer
  • Kidney cancer
  • Liver cancer
  • Blood cancer
  • Lung cancer
  • Others
• Pharmacogenomics
• Infectious Diseases
  • Methicillin-resistant Staphylococcus Aureus (MRSA)
  • Clostridium difficile
  • Vancomycin-resistant enterococci
  • Carbapenem-resistant bacteria testing
  • Flu
  • Respiratory syncytial virus (RSV)
  • Candida
  • Tuberculosis and drug-resistant TB
  • Meningitis
  • Gastrointestinal panel testing
  • Chlamydia
  • Gonorrhea
  • HIV
  • Hepatitis C
  • Hepatitis B
  • Other Infectious Diseases
• Genetic Testing
  • Newborn screening
  • Predictive and presymptomatic testing
  • Others
• Neurological diseases
• Cardiovascular diseases
• Others

Global Molecular Diagnostics Test Location Outlook (Revenue, USD Million, 2012 - 2024)

• Point of care
• Self test or OTC
• Central laboratories

Molecular Diagnostics Regional Outlook (Revenue, USD Million, 2012 - 2024)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Belgium
  • Switzerland
  • Netherlands
  • Poland
  • Austria
  • Greece
  • Sweden
  • Turkey
  • Finland
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • Sri Lanka
  • Malaysia
  • Thailand
  • Vietnam
  • Ireland
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Colombia
  • Chile
  • Peru
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • Jordan
  • UAE
  • Qatar
  • Nigeria
  • Eqypt

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-molecular-diagnostics-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

Poultry Diagnostics Market is Estimated To Generate $771.4 Million By 2025 | CAGR: 9.6%: Grand View Research, Inc.

The global Poultry Diagnostics Market is expected to reach USD 771.4 million by 2025, growing at a CAGR of 9.6%, according to a new report by Grand View Research, Inc. Disease outbreaks, technological advancements, and supportive government initiatives are the key drivers for the substantial growth of poultry diagnostic market. With the outbreak of catastrophic and erosive diseases such as Avian Influenza, Newcastle disease, and other respiratory infections, the farmers are now opting for a preventive diagnosis. These flock-infections are affecting the global trade of layers, broilers, turkeys, and water fowl. As a result, there have been continuous efforts to increase the awareness about these diseases, amongst poultry farmers.

 

Technological advancements in animal health are the key driver and is expected to serve as future growth opportunities. The advent of efficient animal owner’s mobile technology, information management systems and vaccine banks are the key advancements. The rising number of government initiatives to promote animal health products is presumed to drive the overall market growth during the forecast period.

For instance, the World Organization for Animal Health (OIE) International Standards, a part of World Trade Organization (WTO) framework, issues guidelines to improve animal health and promote international animal products trade. The measures facilitate early detection, control, and reporting of pathogenic agents and prevent their transmission by rejecting of products which are not matching the standards.

Access Full Research Report on Poultry Diagnostics Market:
http://www.grandviewresearch.com/industry-analysis/poultry-diagnostics-market

Further key findings from the study suggest:

• The ELISA tests contributed to more than 57.0% share in 2016. This can be attributed to their high sensitivity, specificity, accuracy and cost-efficinecy.
• Avian influenza led this industry with more than 24.0% share in 2016. Frequent outbreaks of influenza (bird flu) in Southeast Asian and African countries contributed to the substantial share.
• North America led global poultry diagnostic market with more than 35.0% share in 2016. This can be attributed to their advanced infrastructure pertaining to animal health, extensive distribution network, presence of multinational players and increasing awareness amongst farmers.
• Zoetis, QIAGEN, IDvet, Biocheck Smart Veterinary Diagnostics, Bioneer Corporation, Thermo Fisher Scientific Inc., BioinGentech Biotechnology company, MEGACOR Diagnostik GmbH, IDEXX Laboratories, Inc., and AffiniTech, LTD. are few of the key players in poultry diagnostics market.
• New product developments, collaborations, regional expansion, and mergers are key strategic initiatives undertaken.

Grand View Research has segmented the poultry diagnostics market by test types, disease types and region:

Poultry Diagnostics Test Types Outlook (Revenue, USD Million; 2014 - 2025)

• ELISA
• PCR
• Others

Poultry Diagnostics Disease Types Outlook (Revenue, USD Million; 2014 - 2025)

• Avian Salmonellosis
• Avian Influenza
• Newcastle Disease
• Avian Mycoplasmosis
• Infectious Bronchitis
• Infectious Bursal Disease
• Avian Pasteurellosis
• Avian Encephalomyelitis
• Avian Reovirus
• Chicken Anemia
• Other Diseases

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

• North America
  • US.
  • Canada
• Europe
  • France
  • UK
  • Poland
  • Denmark
  • Italy
• Asia Pacific
  • China
  • India
• Latin America
  • Brazil
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-poultry-diagnostics-market

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

For More Information: www.grandviewresearch.com

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

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

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

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

Access Full Research Report on Industrial Agitators Market: http://www.grandviewresearch.com/industry-analysis/industrial-agitators-market

Further key findings from the report suggest:

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

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

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

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

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

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

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

• North America
• Europe
• Asia Pacific
• RoW

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

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

For More Information: www.grandviewresearch.com

Future Growth of Flat Steel Market Size is To be $1,015.7 Billion By 2025: Grand View Research, Inc.

The global Flat Steel Market is expected to reach USD 1,015.7 billion by 2025, growing at a CAGR of 3.6%, according to a new report by Grand View Research, Inc. The rapid industrialization, increase in infrastructural investment and growing global population has been a major factor driving the global market.

Building & infrastructure application segment has been witnessing significant growth in the flat steel market. Steel is one of the vital requirements during construction on account of durability, low maintenance, long life period, high strength, and reusability. This is likely to have a positive impact on the demand for the flat products in this sector.

Volatile price of raw material is expected to be the major market restraint over the forecast period. Instability of raw material prices is anticipated to keep the whole sector under pressure in future.

Companies have been trying to improve competitiveness by optimizing existing processes and developing new processes to reduce environmental impact, improve quality, and reduce cost. Companies including ArcelorMittal have been trying to develop products which can provide steel solution to engine powertrains and low-cost cars.

Access Full Research Report on Flat Steel Market: http://www.grandviewresearch.com/industry-analysis/flat-steel-market

Further key findings from the report suggest:

• Plates segment is expected to grow at fastest CAGR of 4.0% from 2017 to 2025, in terms of revenue, due to its wide range of application in construction industry
• Building & infrastructure segment emerged as the largest application in 2016 and is expected to grow at fastest CAGR of 4.1% from 2017 to 2025 on account of high demand for sustainability, durability, and economically efficient materials.
• Mechanical equipment segment is expected to grow at fastest CAGR of 3.6% from 2017 to 2025 in terms of revenue in North America region on account of growing agricultural and construction machinery sector.
• Europe accounted for the market share of 18.56% in 2016 and is expected to grow at a CAGR of 3.0% from 2017 to 2025 in terms of revenue due to massive production in the economies of this region. Germany is the world’s fifth largest exporter in 2016, exported 24.8 million metric tons in more than 200 countries.
• The Asia Pacific market is expected to witness fastest CAGR from 2017 to 2025 on account of high GDP growth, rising population, and rapid industrialization & urbanization in the region
• Market players have been adopting mergers & acquisition, expansion, and agreement & partnership as their key strategic initiatives over the past years. For instance, in February 2017, ArcelorMittal entered into a joint venture with Cellino to form Steel Came. The company held a share of 35.0% in the new venture.

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-flat-steel-market

Grand View Research has segmented the global flat steel market on the basis of product, material, application, and region:

Flat Steel Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

• Sheet & strips
• Plates

Flat Steel Material Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

• Carbon steel
• Alloy steel
• Stainless steel
• Tool steel

Flat Steel Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

• Building & infrastructure
• Automotive & other transport
• Mechanical equipment
• Others

Flat Steel Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • 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