Stretch And Shrink Film Market Hits $18.46 Billion By 2024: Grand View Research, Inc.

The global stretch and shrink film market is expected to reach USD 18.46 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the light-weight material for industrial packaging is expected to drive growth for the product over the forecast period. The demand is expected to be driven by superior packaging properties such as improved printability, easier application and robust package sealing capabilities of the films.

The introduction of superior shrink and stretch film materials such as linear low-density polyethylene (LLDPE), extended polyethylene (EPE) and High-Density Polyethylene (HDPE) is expected to further strengthen the pallet holding abilities of the films. In addition, the development of bio-degradable stretch and shrink films by the leading manufacturers in a bid to counter the challenges of film disposal is expected to drive the demand over the next eight years.

U.S. stretch and shrink film market revenue, by resin, 2013 - 2024 (USD Million)

The low weight of the product results in a substantial decrease in the transportation cost thereby elevating the profit margins, resulting in the higher adoption of such packaging materials by the leading end-use industries.

Browse full research report on Stretch And Shrink Film Market: www.grandviewresearch.com/industry-analysis/stretch-and-shrink-films-market                                           

Further key findings from the report suggest:

• LLDPE is expected to witness robust growth, growing at a CAGR of over 5% from 2016 to 2024. The demand for LLDPE was driven by superior pallet unitization characteristics of the LLDPE shrink films. The LLDPE resin based stretch films are expected to grow owing to the increased damage resistance during product transportation.
• Stretch and shrink film hoods are expected to register highest growth rate, growing at a CAGR of more than 5% from 2016 to 2024. The growth is expected to be driven by increasing demand for hoods in industrial packaging and consumer goods packaging. Also, ease of packaging achieved by stretch and shrink film hoods are is expected to drive the demand for the product over the forecast period.
• Sleeves and labels accounted for over 40% of the global shrink films market in 2015 and are expected to witness robust growth on account of rising demand for the product in the beverage industry. Also, easier product marketing and branding owing to the ease of application of the labels onto the bottle is expected to attract major beverage manufacturers towards the product segment.
• Food and beverages application accounted for 40% of the overall revenue driven by the increasing demand for high strength, low weight packaging materials. In addition, ease of packaging material sterilization is expected to drive the demand for stretch films for food packaging.
• The demand for the industry in Asia Pacific was valued at over USD 4 billion in 2015 owing to rapid growth of the application industries such as food & beverage and consumer goods. In addition, growing import and export activities by the developing economies such as India and China are expected to drive the demand for low weight packaging material for pallet unitization of industrial goods.
• Major industry players resort to mergers & acquisitions (M&A) as well as capacity expansions to cater to the growing demand. Furthermore, companies including Sigma Plastics Group and Berry Plastics Corporation have acquired companies to expand their market presence.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers    

                                 

Grand View Research has segmented the stretch and shrink film market on the basis of resin, product, application and region:

Resin Outlook (Revenue, USD Million, 2013 - 2024)

• LLDPE
• LDPE
• PVC
• Others

Product Outlook (Revenue, USD Million, 2013 - 2024)

• Hoods
• Sleeves and labels
• Wraps

Application Outlook (Revenue, USD Million, 2013 - 2024)

• Food & beverage
• Industrial packaging
• Consumer goods
• Pharmaceutical

Regional Outlook (Revenue, USD Million, 2013 - 2024)

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

Access Press Release By Grand View Research:  www.grandviewresearch.com/press-release/global-stretch-and-shrink-films-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

Organic Peroxide Market Is Increasing Due To Growing Global Textile Processing Industry Till 2025: Grand View Research, Inc.

The global organic peroxide market is expected to reach USD 1.20 Billion by 2025, at a CAGR of 4.3%, according to a report by Grand View Research, Inc. Rising consumer preference towards designer apparels as well as expansion of manufacturing facilities to cater to the global demand for polymers is expected to remain a crucial factor for the product’s growth.

Organic Peroxide finds its major application in industries which caters to uninterrupted manufacturing and production of textiles, polymers, and paper & pulp. Shift in global trends that constitutes development of existing infrastructure in emerging economies, will act as a major driving force for plastic materials. China’s strong position in Asia Pacific will continue to remain in sight, on account of growing industrial complexes and rising demand for plastic products in international markets that are driven by low price, and easy availability.

U.S. organic peroxide market revenue by product, 2014 - 2025 (Kilotons)

Growing population globally, aided with rapid adaptation of urban fashion is expected to play a major role in determining the demand of apparel over the next few years. Emerging economies such as China, India and Bangladesh are one of the major exporters of finished textiles on a global scale. The above-mentioned factors, are anticipated to play a crucial role in increasing demand for peroxide over the forecast period.

Browse full research report on Organic Peroxide Market: https://www.grandviewresearch.com/industry-analysis/organic-peroxide-market                                

Further key findings from the report suggest:

• Benzoyl peroxide was the dominant product segment and valued at USD 307.3 Million in 2016 on account of predominant consumption of the product in textile industry. The high demand for apparels and household textiles will lead to substantial demand for organic peroxide.
• Polymer sector is projected to foresee revenue growth at an estimated CAGR of 4.4% from 2017 to 2025. The growing popularity of plastic based product, on account of expanding construction activities and rising household demand in both developed and emerging economies is expected to surge the requirement for organic peroxide over the next eight years.  
• Organic peroxide in personal care sector accounted for a market share of USD 152 million in 2016, and is expected to grow at a CAGR of 3.7% till 2025. Growth of halal based cosmetics in the Middle East countries including Saudi Arabia, Iran, and Jordan as a result of product innovation by personal hygiene manufacturers is expected to open new markets for peroxides.

• Textile was the largest application segment, accounting for 28.02% of the overall share in terms of volume in 2016

• North America was the second-largest market and accounted for 17.69% of the overall volume in 2016. The region is, however, anticipated to record a mild decline over the next eight years on account of global shift of major manufacturing firms towards Asia Pacific
• Key industry participants include BASF, AkzoNobel, Arkema, Evonik, and Dow Chemicals.
• In May 2017, AkzoNobel enlarged its business portfolio by completing an expansion project for Polymer Chemistry production facility in Los Reyes, Mexico. The expansion is expected to increase the company’s peroxyester capacity in North America by 40%.
• In March 2016, United Initiators (UI) and Wanhua Chemical Group (Wanhua) entered into a joint venture to form a company named UI Wanhua (Yantai) Peroxide Co. Ltd. The entire focus of the joint venture is to focus on the production and sales of organic peroxides, starting with the key raw material TBHP‐70‐AQs

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/catalysts-and-enzymes   

                          

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

Product Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Diacetyl Peroxide
• Ketone Peroxide
• Benzoyl Peroxide

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

• Polymers
• Textile
• Personal care
• Paper & pulp
• Detergent

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

• North America
• U.S.
• Europe
• Germany
• France
• Italy
• Asia Pacific
• China
• India
• Bangladesh
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• South Africa

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-organic-peroxide-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: http://www.grandviewresearch.com

Smart Packaging Market Is Predicted To Grow Swiftly Due To Enhanced Demand In Healthcare, Manufacturing, And Automotive Till 2024: Grand View Research, Inc.

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

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

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

U.S. Smart Packaging Market Revenue, By Application, 2013 - 2024 (USD Million)

Browse full research report on Smart Packaging Market: https://www.grandviewresearch.com/industry-analysis/smart-packaging-market

                                   

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

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers         

                           

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

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

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

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

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

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

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

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-smart-packaging-market                                                          

About Grand View Research:

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

For more information: http://www.grandviewresearch.com

Polyester Staple Fiber Market To Experience Lucrative Growth Due To Enhanced Demand In Home Furnishing, Construction & Automotive Sectors Till 2025: Grand View Research, Inc.

The global polyester staple fiber market is expected to reach USD 39.3 billion by 2025, growing at a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing consciousness regarding the environment and cheaper price of PSF as compared to that of cotton have increased the utilization of PSF in the global market.

Polyester staple fiber is lightweight, wrinkle-free, and resistant to light and weather. It also has an ability to withstand extreme climatic conditions. It is used as a key element in various end-use sectors, including apparel, home furnishing, construction, and automotive, which is expected to drive market growth over the forecast period. Rising product demand, owing to its long-term effectiveness, high elastic resilience, tenacity, and eco-friendly nature of PSF, is also expected to boost market growth over the next eight years.

Solid PSF was the largest product segment in 2016 and is expected to witness a promising growth rate over the forecast period. Hollow product segment is anticipated to observe a low growth rate by 2025. In terms of revenue, apparel application segment is anticipated to observe the fastest growth over the next eight years at a CAGR of 6.7% from 2017 to 2025. PSF is instrumental in improving the overall quality at a lower price than its alternatives, which is expected to drive its demand. Increasing product usage in Asia Pacific owing to its rising utilization in textile manufacturing industry is also expected to boost demand over the forecast period.

U.S. polyester staple fiber market volume, by product, 2014 - 2025 (Kilotons).

Browse full research report on Polyester Staple Fiber Market: http://www.grandviewresearch.com/industry-analysis/polyester-staple-fiber-psf-market

Further Key Findings From the Study Suggest:

• The global demand for polyester staple fiber was 15,519.7 kilotons in 2016 and is estimated to ascend at a CAGR of 4.7% from 2017 to 2025. Asia Pacific dominated the global market in 2016, followed by Europe. Emerging economies such as China, India, and Brazil are predicted to lead their respective regional markets over the forecast period. 
• In terms of product, solid PSF emerged as the largest segment in 2016. Increasing popularity of sustainable man-made fibers coupled with reducing consumption of cotton in textile industry is likely to drive the market over the forecast period.
• In terms of revenue, virgin PSF emerged as the largest origin market segment in 2016 and is estimated to generate a revenue of over USD 16,451.9 million by 2025. Recycled PSF is estimated to witness promising market growth over the forecast period owing to rising environmental consciousness across the globe.
• Asia Pacific polyester fiber market is projected to witness substantial growth over the next decade owing to various developments, especially in textile industry, across major economies. In terms of revenue, the regional market is expected to progress at a CAGR of 6.7% from 2017 to 2025.
• Key market players include Toray Chemical Korea Inc., W. Barnet Gmbh & Co. KG, Alpek S.A.B. de C.V., Reliance Industries Limited, Diyou Fibre (M) Sdn Bhd., Huvis Corporation, Indorama Corporation, Xinda Corp., China National Petroleum Corporation, Bombay Dyeing, Petrovietnam Petrochemical, and Textile Fiber Joint Stock Company. These companies attempt to increase their market shares and expand their global presence through strategic initiatives such as expansions, investments, acquisitions, and new product developments.  

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-polyester-staple-fiber-psf-market        

                                                                                           

About Grand View Research, Inc:

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

For more information: http://www.grandviewresearch.com

Bio-succinic Acid Market Is Projected To Grow Rapidly Due To Growing Applications In Lubricants, Pigments, Personal Care Products & Food Colorants Till 2020: Grand View Research, Inc.

The global bio-succinic acid market is expected to reach USD 992.9 million by 2020, growing at a CAGR of 23.3% from 2014 to 2020. The recognition of succinic acid, as a potential platform chemical by the U.S. Department of Energy, has resulted in significant opportunities in replacement applications, particularly in maleic anhydride and adipic acid, for bulk volume industrial applications such as bioplastics, polyurethanes and engineering plastics. 

BDO was the largest application market for bio-succinic acid, with estimated volume of 19,877.5 tons in 2013, expected to grow at an estimated CAGR of 38.3% from 2014 to 2020. Cost-effective bio-succinic acid would result in the substitution of maleic anhydride for the manufacturing of BDO and downstream derivatives such as GBL and PBT, which are extensively used in the engineering plastics industry. Polybutylene succinate (PBS) is expected to be the fastest growing application, at an estimated CAGR of 38.9% from 2014 to 2020, on account of increasing bioplastics demand, particularly in Europe and North America.

Europe bio-succinic acid market revenue by application, 2012-2020, (USD Million)

Browse full research report on bio-succinic acid market: http://www.grandviewresearch.com/industry-analysis/bio-succinic-acid-market

Further Key Findings From the Study Suggest:

• The global demand for bio-succinic acid was 51,000 tons in 2013 and is expected to increase to 593,400 tons by 2020, growing at a CAGR of 32.2% from 2014 to 2020.

• Polyester Polyols was the second largest application market for bio-succinic acid, and accounted for 10.67% of global demand in 2013. The use of polyester polyols in the manufacturing of polyurethanes coupled with the growing demand for polyurethanes for downstream application industry is expected to be a major driver for bio-succinic acid market.

• Bio-succinic acid can be used as a replacement to various phthalate-based plasticizers, which is expected to unlock significant potential over the forecast period. The European Union has banned the use of certain phthalate plasticizers in production of PVC, spurring a race for the development of alternates to phthalate plasticizers. The plasticizers market is the largest addressable market for bio-succinic acid, being a potential replacement to phthalic anhydride and adipic acid in plasticizer manufacturing.

• Europe was the largest market for bio-succinic acid in 2013, accounting for 49% of the global consumption. The region has witnessed increased preference towards the use of bio-based materials which is expected to be a key driver for the growth of bio-succinic acid market.

• Asia Pacific is expected to be the fastest growing regional market, at an estimated CAGR of 33.9% from 2014 to 2020. The growing application industry in countries such as India and China is expected to be the key consumer of bio-succinic acid over the next six years. In addition, the high cost of petroleum based products is a major factor contributing to development of bio-based products in the region.

• The market was highly consolidated in 2013 with only four companies manufacturing bio-succinic acid on a commercial scale. BioAmber, Reverdia, Myriant and Succinity were commercial manufacturers of bio-succinic acid in 2013 with Succinity being the largest in terms of installed capacity.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/bio-succinic-acid-market                                                                                     

About Grand View Research, Inc:

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

For more information: http://www.grandviewresearch.com

Construction Flooring Chemical Market Is Projected To Reach $6.15 Billion By 2025: Grand View Research, Inc.

The global construction flooring chemicals market is projected to reach approximately USD 6.15 billion by 2025, growing at a CAGR of 4.7% during forecast period, according to a new report published by Grand View Research, Inc. Increasing growth of millennials and nuclear families as well as rise in disposable income towards capability in purchasing of residential apartments in emerging markets is expected to promote the usage of flooring chemicals. Also, the growth of manufacturing facilities in developing nations is projected to increase the application of construction flooring chemicals over the forecast period. 

Flooring chemicals demand in the commercial sector is expected to grow at a CAGR of 3.8% in terms of volume from 2016 to 2025. The lucrative manufacturing outlook in developing nations including China and India on account of easy availability of chemical feedstock and cheap labor is expected to result in establishment of new commercial spaces. Abovementioned favorable trend toward the formation of new strategic business units (SBUs) is expected to increase the application of flooring and thus in turn will have a positive impact on market.

U.S. construction flooring chemicals market by product, 2014 - 2025 (Kilo tons) 

Browse full research report on Construction Flooring Chemical Market: http://www.grandviewresearch.com/industry-analysis/construction-flooring-chemicals-market

Further Key Findings From the Study Suggest:

• Demand for construction flooring chemicals in North America will surge in accordance with growth in renovation and occupancy of building in prime locations such as San Francisco and New York. construction flooring chemicals market is expected to witness a CAGR of 2.3% in terms of revenue. Mature market such as U.S. have expanding client request, greater interest in terms of renovations, as well as implementation of designs.
• MEA construction flooring chemicals market is expected to witness revenue growth at a CAGR of 4.9% from 2017 to 2025. This growth in attributed to the increasing penetration of corporate offices, retail outlets as well as luxury hotels in UAE and Saudi Arabia.
• Epoxy resins is set to witness a CAGR of 4.5% from 2017 to 2025 in terms of revenue in MEA region, on account of its application in construction of luxury residences, hotels, resorts and urban corporate offices.
• Key vendors include BASF, SABIC, DOW chemicals,Sinopec., ExxonMobil, DuPont, Ineos,LyondellBasell Industries, Mitsubishi Chemical Corporation, LG Chem, AkzoNobel, Mitsui Chemicals, Forbo Holding, Toray Industries., PPG Industries, Tremco Inc, RPM International Inc, Stonhard Inc, Huntsman Corp and Borealis.AG
• In June 2016, Dow Chemical Company completed the strategic ownership of Dow Corning and its silicone business. The ownership is likely to improve new chemistry and enhance existing technology to Dow as well as extending its participation in Consumer, Infrastructure, transportation, packaging and electronics. Dow Corning will operate as a wholly owned subsidiary of Dow, and will be headquartered with Dow in Midland, Michigan.

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About Grand View Research, Inc:

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

For more information: http://www.grandviewresearch.com

Fluorotelomers Market Is Estimated To Reach $539.3 Million By 2020: Grand View Research, Inc.

The global fluorotelomers market is expected to reach USD 539.3 million by 2020, according to a new study by Grand View Research, Inc. Increased use of fluorotelomers in fire fighting foams and textiles is expected to drive demand over the next six years. The market is still in the nascent stage and is expected to gain significant share over the forecast period on account of substitution of other flurocarbons.

These products are preferred on account of their non toxic nature and the fact that they do not bio-accumulate in animals. Fluorotelomer alcohols such as TEOH-4 and TEOH-6 were the largest consumed product segment in 2013 and accounted for over 30% of global consumption. Fluorotelomer iodide is expected to be the fastest growing product segment at an estimated CAGR of 13.1% from 2014 to 2020.

Fluorotelomer market volume share, by product, 2013

Browse full research report on Fluorotelomers Market: http://www.grandviewresearch.com/industry-analysis/fluorotelomers-market

• The global fluorotelomers demand is expected to reach 47,492.4 tons by 2020 growing at a CAGR of 12.5% from 2014 to 2020.

• Textiles were the largest application market, accounting for over 34% of the global fluorotelomer consumption in 2013. The segment is also expected to witness fastest growth at an estimated CAGR of 13.6% from 2014 to 2020 on account of enhanced demand from end-use industries.

• Fire fighting foams and food packaging were key application segments, together generating revenue in excess of USD 130 million in 2013. Fire fighting foams are increasingly being used owing to the strict construction norms in most emerging economies.

• Asia Pacific was the most dominant regional market accounting for over 46% of global consumption in 2013. The presence of application industries such as textiles is expected to help the region maintain dominant position over the next six years.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-fluorotelomers-market      

                                                                   

About Grand View Research, Inc:

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

For more information: http://www.grandviewresearch.com

Palm Oil Market Increasing CAGR 9.9% During The Period Of 2014 to 2025

The UAE palm oil market is expected to reach USD 467.1 million by 2025, according to a new report by Grand View Research, Inc. Growing health concerns regarding trans-fat consumption has driven consumer preference towards saturated fats, such as palm oil, that contain antioxidants and other nutrients.

Increasing demand for high-quality food products from tourists as well as local consumers has driven its demand. Its fractions and derivatives are also widely utilized as alternatives for expensive bakery fats and vegetable oils including groundnut, coconut & sunflower. Additionally, food & beverage processors are increasingly opting for the product owing to its high availability, lower cost & high yield in limited cultivation space.

Crude palm oil (CPO) emerged as the dominant product category in 2015 with over 90% market share. Volatile petroleum prices along with rising awareness regarding sustainable energy & raw material source have boosted the demand for inexpensive & sustainable oils. CPO has garnered high interest mainly in cooking (edible) applications owing to its flavor compatibility, nutritional content and health benefits.

Cosmetics are expected to witness highest growth rate of 10.4% CAGR among all applcations. Strong consumer confidence & growing fashion & beauty consciousness, boosted by media exposure & Western influences have had a positive impact on the industry. The oil is used as an emollient, surfactant, moisturizer and other cosmetic agent owing to its high dermatological compatibility and low cost.

UAE palm oil market volume by product, 2014 - 2025 (Tons)

Browse full research report on palm oil market: http://www.grandviewresearch.com/industry-analysis/uae-palm-oil-market

Further key findings from the report suggest:

• The UAE palm oil market exceeded 155 kilo tons in 2015 and is expected to grow at about 8.2% CAGR from 2016 to 2025
• The shift in trend towards production of high-quality oleo chemicals is expected to generate lucrative opportunities for industry participants over the near future
• The transition towards sustainable and renewable energy sources has significantly driven palm oil demand in biodiesel and bio-fuel applications since the biomass yields high amount of energy even when processed in small quantities
• Rapid expansion of the construction sector has also contributed to palm lubricants demand in heavy-equipment and machinery in residential as well as commercial applications
• The palm stearin segment is anticipated to grow at a CAGR of 8.6% in terms of volume, owing to its enhanced functional characteristics that prove crucial to bakeries & confectionaries across the country
• Other fractions & derivatives have also witnessed significant growth in recent years owing to the growing popularity of blended oils in the food sector
• Key players including Abu Dhabi Vegetable Oil Co., FELDA IFFCO, United Foods Company, Amira Nature Foods Ltd., ACCL International, Nuhu General Trading LLC, AA Middle East FZE, HAS Commodities, and AJWA MIGOP among others

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About Grand View Research, Inc:

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

For more information: http://www.grandviewresearch.com

Polysilicon Market Is Likely To Be Influenced By The Growing Solar PV (Photovoltaic) And Electronic Industry Till 2025: Grand View Research, Inc.

The global polysilicon market is anticipated to reach USD 13.56 billion by 2025, according to a new report by Grand View Research, Inc. The growing solar PV (photovoltaic) and electronic industry are expected to propel market demand over the coming years. The FBR technology used in the production of polysilicon has helped to reduce manufacturing cost to a large extent, thus lowering prices of polysilicon in 2014. Increasing solar photovoltaic installations is projected to impact market growth positively. Polysilicon is also used in the fabrication of crystalline silicon wafers, which is the backbone of the microelectronics industry.

Asia Pacific occupied the largest share of the global polysilicon market on account of a vast number of solar installations in countries such as China, India, Japan, and South Korea. The low cost of solar grade polysilicon is expected to propel market demand over the forecast period.

Japan prefilled syringes market, by material, 2014-2025, (USD Million)

Browse full research report on Polysilicon Market: http://www.grandviewresearch.com/industry-analysis/polysilicon-market-analysis

Further key findings from the report suggest:

• Huge investments in renewable energy projects across the world is expected to boost the demand for polysilicon over the forecast period
• Asia Pacific is projected to grow at the highest CAGR with China leading the market share
• PV capacity expansion projects undertaken in Asia Pacific coupled with the growth of the semiconductor industry is anticipated to complement market growth within the region
• North America occupied the second largest share in 2015 on account of high polysilicon demand in the U.S. electronics and solar energy industry
• Implementation of anti-dumping policies is anticipated to restrain market growth over the forecast period
• The fluidized bed reactor (FBR) technology used for the manufacture of solar grade polysilicon helps to reduce manufacturing cost to a large extent
• Some of the companies that have adopted the FBR technology for the manufacture of polysilicon include REC Silicone, GCL Poly, and SunEdison Inc.
• According to the International Technology Roadmap for Photovoltaics (ITRPV), FBR technology used in the manufacture of polysilicon is projected to occupy 30% of the market share by 2017
• Chinese duties and the oversupply scenario experienced by the polysilicon market in 2013 led to plant shutdowns of company’s such as REC Silicon, SunEdison, Hemlock
• Companies operating in this market include GCL-Poly, Wacker Chemie AG, OIC Chemical, REC Silicon, Tokuyama, LDK Solar Co. Ltd., Hemlock Semiconductor Group, and TBEA Co. Ltd.   

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-polysilicon-market     

                                                

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