Market Research News

Monday 25 June 2018

Automotive Adhesive Tapes Market Is Estimated To Boost At USD 11.54 Billion By 2024 : Grand View Research, Inc.

The global automotive adhesive tapes market is expected to reach USD11.54 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for adhesive tapes in an extensive range of applications including noise, vibration, masking, electrical insulation, wire harnessing, device insulation, surface protection, labeling, auto body repairs, and automotive dash will fuel industry growth over the forecast period. Replacement of fasteners by automotive adhesive tapes coupled with the introduction of new environment-friendly products will propel the market growth.

Polyvinyl chloride (PVC) was the largest segment and accounted for 31.4% of the overall volume in 2015 and is expected to witness significant rise on account of superior properties including excellent bonding, high adhesion, water resistant and good adhesion to metals. Increasing demand for lamination, insulation, protection and masking of automotive wires will propel industry expansion over the forecast period.

Double-sided tapes are expected to witness significant volume rise at a CAGR of 6.6% from 2016 to 2024 as on account of its durability, reliability, and sufficient bonding & fixing properties. Furthermore, increasing applications in automotive interior parts in light of better resistance and excellent tacky ability will promote industry expansion over the forecast period.

Full research report on automotive adhesive tapes market analysis: http://www.grandviewresearch.com/industry-analysis/automotive-adhesive-tapes-market

Further key findings from the report suggest:

· The global market demand was 5,745.8 million square meters in 2015 and is expected to show high gains in light of growing vehicle production in China, India, and Mexico

· Natural rubber was a prominent segment and accounted for 28.1% of the overall revenue. The product will show growth in light of superior properties including high flexibility, and versatility, and high adhesion.

· North America accounted for over 20% of the global volume share and is expected to witness significant gains in light of robust manufacturing base and rapid growth of the automotive sector in the U.S. and Mexico. National policies promoting the development of vehicles, fuel efficiency, and green policy will also impact future automotive trends. Moreover, the presence of various manufacturers including Dow Company, 3M Automotive, and PPG Automotive will augment growth.

· Latin America is expected to witness significant revenue growth at a CAGR of 7.3% from 2016 to 2024 as a result of increasing automotive vehicle sales in Argentina, Brazil, and Columbia. Increasing foreign investment in the automotive sector in the region is expected to open new market avenues over the next eight years.

· Automotive adhesive tapes industry is dominated by key participants including 3M, Tesa SE, Lintec, and Nitto Denko Corporation. Ongoing product development by various companies to manufacture high-performance and cost-efficient adhesive tapes is expected to augment product consumption over the forecast period.

· In August 2015, Shurtape launched FP 115 high-performance flatback paper tape to offer moisture resistance and stronghold for the tube, paper, and core manufacturing. In July 2014, Shurtape expanded its line of double-coated tapes with the introduction of DP 401 polyester film tape designed for polyethylene foam fabrication and lamination processes.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the global automotive adhesive tapes market on the basis of adhesive type, backing material, product, application, and region:

Global Automotive Adhesive Tapes Adhesive Type Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)

· Acrylic

· Natural rubber

· Butyl

· Others

Global Automotive Adhesive Tapes Backing Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)

· Polypropylene

· Paper

· Cloth

· Foam

· PVC

· Others

Global Automotive Adhesive Tapes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)

· Masking tapes

· Double-sided tapes

· Reinforced tapes

· Specialty tapes

Global Automotive Adhesive Tapes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)

· Interior

· Exterior

Global Automotive adhesive tapes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)

· North America

o U.S.

· Europe

o Germany

· Asia Pacific

o China

o India

· Latin America

o Brazil

· MEA

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-automotive-adhesive-tapes-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

North America Car Air Freshener Market Estimated To Generate Revenues Worth USD 994.4 Million By 2022 : Grand View Research, Inc.

The North America car air freshener market is expected to reach USD 994.4 million by 2022, according to a new report by Grand View Research, Inc. Growth in demand can be ascribed to changing demographic scenario and rising disposable income. Rising purchasing power parity has shifted the demand of consumers towards enhanced products. Product differentiation and strategic placements in the industry plays a vital role in boosting sales.

High awareness of organic products is expected to drive demand over the next seven years. Non-profit organizations such as Organic Consumers and Natural Products Association (NPA) have been constantly promoting usage of natural products in all the segments. Potential tie-ups with luxury car brands and retailers are expected to fuel demand for high-end products over the forecast period. The U.S. is the largest importer of essential oils required for the manufacturing process which is further anticipated to drive car air Freshener industry growth over the next seven years.

Full research report on North America car air freshener market analysis:
http://www.grandviewresearch.com/industry-analysis/north-america-car-air-freshener-market

Further key findings from the report suggest:

· Vents & clips market accounted for over 29% of the overall industry in 2014. These products are gaining demand owing to ease of usability, and high degree of compatibility with the air conditioning unit, which is expected to foster growth.

· Gels & cans segment accounted for over 15% of the revenue in 2014 and is expected to exhibit high growth over the next seven years. Gels & cans have been gaining prominence over conventional products such as sprays or aerosols as they do not melt in high temperature.

· Sprays/aerosols category is expected to witness sluggish growth, due to replacement of sprays by vent clips, sachets, electric diffusers and novelty products owing to their high chemical content.

· Increasing demand for natural car air Freshener is anticipated to affect demand for chemical-based products in the U.S. Rising demand for latest technology plug-in products is expected to increase R&D activities over the next seven years.

· Notable companies operating in the North America car air Freshener market include S.C. Johnson, Procter & Gamble, Car-Freshner Corporation, Auto Expressions, and American Covers, Inc. CPG companies that engage with customers directly through digital channels are anticipated to achieve growth during the forecast period. Brand value plays a vital role in the industry, raising the level of competition to a considerable extent.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the North America car air Freshener market on the basis of product and region:

North America Car Air Freshener Product Outlook (Revenue, USD Million, 2012 - 2022)

· Gels & Cans

· Sprays/Aerosols

· Paper

· Vents & Clips

· Others

North America Car Air Freshener Regional Outlook (Revenue, USD Million, 2012 - 2022)

· U.S.

· Canada

· Mexico

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/north-america-car-air-freshener-market-analysis

Pharmaceutical Glass Packaging Market Size Likely To Reach A Valuation Of Around USD 22.05 Billion By 2025 : Grand View Research, Inc.

The global pharmaceutical glass packaging market size is expected to reach USD 22.05 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.3% during the forecast period. Spiraling sale of generic drugs in developed as well as developing economies is projected to drive the demand for pharmaceutical glass packaging. Glass has a well-defined supply chain in the pharmaceutical industry and is traditionally used for parenteral drug packaging. Extensive R&D is being conducted by product manufacturers in order to minimize negative aspects of glass, such as high susceptibility to breaking and delamination, as well as to improve the quality & efficacy of the product.

The pharmerging market is anticipated to witness phenomenal growth owing to favorable government policies and increased healthcare awareness. Governments of developing nations are expanding their public or private healthcare coverage and simultaneously making efforts to minimize out-of-pocket medical expenses for the consumers. Increasing government efforts to reduce healthcare cost and promotion of low-cost generic drugs are estimated to fuel the utilization of glass packaging over the coming years.

Emergence of novel drugs such as cancer drugs and bio-therapeutics is likely to help the market gain traction over the coming years. In an effort to safeguard patient health, guidelines for packaging of biological drugs have been made highly stringent, which necessitates constant development in the field of pharmaceutical packaging. Aforementioned factors promote manufacturers to adopt advanced techniques, thereby driving the market.

In primary pharmaceutical packaging, glass has an advantage over plastic as plastic production requires raw materials such as polyethylene, polypropylene, and polystyrene, which are largely dependent on fluctuating petroleum industry. Manufacturers use soda lime, quartz, and other additives for manufacturing glass. These raw materials are easily available in the market by numerous suppliers. Recent developments in the pharmaceutical glass packaging include launch of Gx Baked-On RTF and an Omniflex plunger, a prefilled syringe, by Gerresheimer AG in September 2017. This technology has the ability to minimize particle loads and meet strict requirements for therapeutic protein products for better deliver of drug.

Full research report on pharmaceutical glass packaging market analysis:
https://www.grandviewresearch.com/industry-analysis/pharmaceutical-glass-packaging-market

Further Key Findings from the Report Suggest:

· The vials segment is projected to ascend at a CAGR of 6.9% in terms of revenue over the forecast period

· The bottles segment dominated the global pharmaceutical glass packaging market in 2016 in terms of revenue and is anticipated to witness a CAGR of 4.7% from 2017 to 2025 owing to high penetration of plastics in the manufacturing of bottles

· The generic drug segment accounted for 69.8% of the market in 2016 due to rapidly increasing manufacturing volumes of generic drugs in emerging economies

· Europe is expected to witness considerable growth during the forecast period owing to constant development in the medical field aimed at improving health and quality of life

· Some of the key companies present in the market are Corning Incorporated; Gerresheimer AG; Nipro Pharmapackaging; SCHOTT AG; Şişecam Group; Arab Pharmaceutical Glass Co.; Beatson Clark; Stevanato Group; and Owens-Illinois, Inc.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the global pharmaceutical glass packaging market on the basis of product, drug type, and region:

Pharmaceutical Glass Packaging Product Outlook (Revenue, USD Million, 2014 - 2025)

· Vials

o Small vials (<30ml)

o Large vials (>30ml)

· Bottles

o Small Bottles (< 1000 ml)

o Large Bottles (> 1000 ml)

· Cartridges & Syringes

· Ampoules

Pharmaceutical Glass Packaging Drug Type Outlook (Revenue, USD Million, 2014 - 2025)

· Generic

· Branded

· Biologic

Pharmaceutical Glass Packaging Regional Outlook (Revenue, USD Million, 2014 - 2025)

· North America

o U.S.

· Europe

o Germany

o U.K.

o France

o Spain

o Italy

· Asia Pacific

o China

o India

o Japan

o South Korea

· Central & South America

o Brazil

· Middle East & Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-pharmaceutical-glass-packaging-market

Thursday 21 June 2018

Alopecia market is expected to reach over USD 11.8 Billion by 2024 : Grand View Research, Inc.

The global alopecia market is expected to reach over USD 11.8 Billion by 2024 according to a new report published by Grand View Research, Inc. The increased healthcare expenditure and the resultant augmentation of healthcare facilities, globally, are the key drivers of the alopecia treatment market.

Additionally, the increasing awareness amongst individuals pertaining to the availability of the treatment options can be attributed to the favorable initiatives taken by organizations such as the National Alopecia Areata Foundation (NAAF) and the American Hair Loss Association. The increasing R&D investments pertaining to the development of novel therapeutics for the treatment of alopecia is expected to boost the usage rates.

International conferences are held by the NAAF for individuals suffering from alopecia, irrespective of their age, furthermore, NAAF also promotes research by bringing together scientists from all over the world. The 31^st National Conference of NAAF will be held in Washington DC from 14^th July to 16^th July, 2016.

The FDA approval of the Janus kinase inhibitors (JAK) drugs that stimulate the growth of hair follicles with minimal side effects is further expected to boost the alopecia treatment market. The Children Alopecia Project by AHLA is dedicated towards making investments in Children Support Groups, which provide funding for children who cannot afford to attend the NAAF Conference and promote research and development activities in alopecia treatment for children.

Bald Truth is a radio program that is involved in spreading awareness about the different types of alopecia affecting people and about the varied products used for the effective treatment of alopecia that are currently available in the market. Rapunzel Project is another initiative by AHLA that is dedicated towards preventing hair loss in chemotherapy patients.

Full research report on alopecia market analysis:
http://www.grandviewresearch.com/industry-analysis/alopecia-market

Further key findings from the study suggest:

· In 2015, topical treatment accounted for over USD 2.8 billion in global alopecia treatment market. The key factors responsible for the large share of topical products include easy application, non-invasive nature, and high awareness amongst the population pertaining to the available therapeutics. The top brands of topical solution are Keranique, Phytoworx, Ultrax, and Nioxin.

· The patent expiration of majority of the drugs, such as Propecia & Rogaine and the FDA approval gained for the JAK drugs, in 2015, which is an immunosuppresant with minimal side effects are expected to boost the alopecia treatment market during the forecast period.

· In 2015, the dominant gender segment for the alopecia market were women that generated a revenue of about USD 4.03 billion and is expected to grow at a lucrativerate over the forecast period. The increasing awareness amongst women about alopecia and the emphasis laid upon appearance by them,are the key drivers of this segment.

· North America was the highest revenue generating region with the market valued at over USD 2.49 billion in 2015. The increasing number of consumer disposable incomes, the introduction of new drugs, and the favorable initiatives taken by the pertinent organizations namely, NAAF and AHLA, are the key factors for the region’s large share.

· Key players operating in the market are Cipla, Merck & Co., Johnson & Johnson, Lifes2good, Dr. Reddy’s Laboratories, Sun Pharma, Kirkland Signature, Alpecin, Vitabiotics, and Phyto Ales Group.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the global alopecia market on the basis of treatment and gender:

Global alopecia treatment outlook, by revenue (USD Million, 2016 - 2024)

· Oral

· Topical

· Others

Global alopecia gender outlook, by revenue (USD Million, 2016 - 2024)

· Men

· Women

Global alopecia regional outlook, by revenue (USD Million, 2016 - 2024)

· North America

o U.S.

o Canada

· Europe

o Germany

o U.K.

· Asia Pacific

o Japan

o China

· Latin America

o Brazil

o Mexico

· MEA

o South Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-alopecia-market