Caprolactam Market Expected to reach USD 15.30 billion by 2022 : Grand View Research,Inc.

Global caprolactam market is expected to reach USD 15.30 billion by 2022, according to a new report by Grand View Research, Inc. Rising nylon 6 resin and fiber consumption, on account of increasing demand for electronics is expected to drive the market. Electronics industry growth in China has resulted in subsequently driving caprolactam demand over the past few years.

Caprolactam manufacturing requires low technical complexity along with lesser initial infrastructure investment thus encouraging new participants to enter the market. Technological innovations aimed at improving manufacturing process of the product in order to minimize release of ammonium sulfate as a by-product on account of its hazardous nature is expected to have a positive impact on the industry.

North America and Europe together accounted for over 35% of the global market volume share in 2014. Increasing focus on R&D for commercial production of bio-based caprolactam and resultant bio-nylon is expected to open new opportunities for market growth in the near future.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/caprolactam-market

Further key findings from the report suggest:

·         Nylon 6 resins are expected to witness significant gains with projected growth at a CAGR of 5.1% from 2015 to 2022. Increasing consumption of nylon 6 resins for manufacturing of engineering plastics which are used as technical components in electrical & electronics and packaging industry is expected to accelerate market growth.

·         Ammonia, cyclohexane, phenol and toluene are some of the key raw materials used for manufacturing caprolactam. Volatile raw material prices, limited availability and stringent regulations have been some of the primary factors challenging market growth.

·         Engineering plastics accounted for over 15% of the global volume share in 2014. Rapid industrialization coupled with tremendous growth in the automotive sector, particularly in Asia Pacific, is expected to have a positive impact on the industry over the forecast period. Innovation in the field of electronics along with increasing consumption of smart phones, tablets, laptops and TVs has resulted in driving demand for engineering plastics, subsequently augmenting market growth.

·         Asia Pacific caprolactam market was estimated at over 2,940.0 kilo tons in 2014. Encouragement of 100% Foreign Direct Investment by the Indian government for domestic automobile industry growth is expected to augment manufacturing sector. This is expected to fuel nylon 6 resins demand which in turn will have a positive impact on the caprolactam industry over the next seven years.

·         The global industry is fragmented in nature, on account of presence of numerous companies globally. These include Sumitomo Chemicals, Honeywell, BASF, Toray, DSM, Alpek, Ube, Sinopec and Lanxess.

·         In May 2015, Sumitomo Chemicals increased contract caprolactam price by USD 70 per metric ton to USD 1,880 per metric ton. In May 2015, BASF SE increased caprolactam prices by USD 0.05 per pound in North America.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

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

Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

·         Nylon 6 fibers

·         Nylon 6 resins

End-Use Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

·         Textile yarn

·         Industrial yarn

·         Engineering Plastics

·         Carpet fibers & staple fibers

Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

·         Latin America

o    Brazil

·         MEA

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/caprolactam-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

Vinyl Acetate Monomer (VAM) Market Expected to reach USD 9.86 billion by 2020 : Grand View Research,Inc.

The Global Vinyl Acetate Monomer (VAM) Market  is expected to reach USD 9.86 billion by 2020, according to a new study by Grand View Research, Inc. Increasing adhesive demand from key industries such as construction, automotive and furniture is expected to drive VAM market growth. Increasing paints & coatings demand, particularly in Asia Pacific and Latin America, is also expected to further impact market demand positively over the next six years. Stringent environmental regulations and volatile raw material prices are expected to remain key challenges for market participants over the forecast period.
Increasing shale gas exploration in the U.S. is expected to benefit the market in terms of ethylene supply, which is a key VAM feedstock and is expected to benefit the market supply. Polyvinyl acetate (PVA) and polyvinyl alcohol (PVOH) were the major application segments which together accounted for over 85% of total market volume in 2013.
Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/vinyl-acetate-monomer-vam-market
Further key findings from the study suggest:

• Global VAM market demand was 5,886.4 kilo tons in 2013 and is expected to reach 7,934.2 kilo tons by 2020, growing at a CAGR of 4.4% from 2014 to 2020.
• Increasing use of photovoltaic cells is expected to drive ethylene vinyl acetate (EVA) demand which in turn is expected to have a positive impact on the global VAM market. VAM demand from EVA was valued USD 485.9 million in 2013.
• Ethylene vinyl alcohol (EVOH) is expected to register the highest growth rate over the forecast period owing to its increasing demand in packaging, polymer production and plastic bottling applications. VAM demand for EVOH is expected to grow at an estimated CAGR of 5.1% from 2014 to 2020.
• Asia Pacific was the largest consuming region and accounted for 47.1% of the total market volume in 2013. Increasing construction spending coupled with growing automotive production in emerging markets of China and India is expected to drive the regional market. Asia Pacific is also expected to witness the highest growth rate over the next five years. The region is expected to grow at an estimated CAGR of 4.7% from 2014 to 2020.
• Global VAM market is moderately concentrated with top four companies; Celanese Corp., Diaren Chemical Corp., Sinopec and LyondellBasell, accounting for just over 50% of the total market in 2013. Competition in the market is primarily characterized by pricing and service offering. Other major companies operating in the market include Dow Chemical Co., Kuraray, Sipchem, Ningxia Yinglite, Wacker Chemie, and Japan VAM & POVAL.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the VAM market on the basis of application and region:
Global Vinyl Acetate Monomer (VAM) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

• Polyvinyl Acetate
• Polyvinyl Alcohol
• Ethylene Vinyl Acetate
• Ethylene Vinyl Alcohol
• Others

Global Vinyl Acetate Monomer (VAM) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• RoW

Access press release by Grand View Research:  http://www.grandviewresearch.com/press-release/global-vinyl-acetate-monomer-vam-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

Contactless payments market expected to reach USD 2.23 trillion (transaction value) by 2025 : Grand View Research,Inc.

The global contactless payments market is expected to reach USD 2.23 trillion (transaction value) by 2025, according to a new report by Grand View Research, Inc. The contactless payments industry is expected to witness lucrative growth over the forecast period owing to innovations in technologies such as IoT, which acts as a major market driver.

Benefits such as reduction in transaction time and improved service delivery offered by contactless payments have resulted in a significant rise in the number of users. Some of the key features of contactless systems include easy installation and cost effectiveness. The rising trend of making payments through QR codes and mobile phones is expected to drive the market demand. Individuals largely prefer using contactless payment as it eliminates the need to carry cash.

North America is expected to emerge as one of the key regional markets over the forecast period. The growth is mainly attributed to the increasing deployment of cloud-based contactless payment technologies in various verticals such as transportation. Europe is expected to be another major region for contactless payments owing to the growing number of smart card rollouts. Countries in the Asia Pacific region, such as Australia, Taiwan, and Japan, have witnessed a higher penetration rate of contactless payments compared to other countries.

The contactless payments market can be segmented on the basis of devices into smartphones and wearables, point of sale terminals, and smart cards. The market can also be segmented on the basis of solutions into payment terminal solution, transaction management, security and fraud management, hosted point of sale, and analytics.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/contactless-payments-market

Further key findings from the report suggest:

·         Contactless payments are widely used in several sectors such as retail, transportation, healthcare, and hospitality. Smartphones and wearables emerged as the largest device segment in 2016. It is estimated to register a CAGR of 34.0% over the forecast period.

·         The transportation segment is estimated to grow at a CAGR of 37.1% over the forecast period.

·         The Asia Pacific market is projected to witness substantial growth over the next decade owing to various technological developments across major economies. The regional market is expected to grow at a CAGR of 35.5 % from 2017 to 2025.

·         The payment terminal solution segment is expected to witness the largest growth over the forecast period as these solutions can connect the customers directly to service providers of contactless payments.

·         Key participants in the contactless payments industry include Gemalto, Visa Inc., Giesecke & Devrient GmbH, Heartland Payment Systems, Verifone, Ingenico Group SA, On Track Innovations Ltd., Oberthur Technologies (OT) Morpho, Thales Group, and Wirecard AG. In March 2017, Wirecard AG acquired MyGate Communication, a payment service provider in Africa.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the contactless payments market based on devices, solutions, application, and regions:

Device Outlook (Revenue, USD Billion; 2014 - 2025)

·         Smartphones and wearables

·         Point-of-sale terminals

·         Smart cards

Solution Outlook (Revenue, USD Billion; 2014 - 2025)

·         Payment terminal solution

·         Transaction management

·         Security and fraud management

·         Hosted point-of-sale

·         Analytics

Application Outlook (Revenue, USD Billion; 2014 - 2025)

·         Retail

·         Transportation

·         Healthcare

·         Hospitality

·         Government

Regional Outlook (Revenue, USD Billion; 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    Japan

o    Australia

·         South America

o    Brazil

·         MEA

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-contactless-payments-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

Cleanroom technology market expected to reach USD 4.86 billion by 2025 : Grand View Research,Inc.

The global cleanroom technology market is expected to reach USD 4.86 billion by 2025, according to a new report by Grand View Research, Inc. Stringent regulatory standards for product approvals, technological advancements in cleanrooms, initiatives taken by private organizations to create awareness regarding cleanroom, and growth of healthcare sector globally are among few factors expected to drive the market. 

Compliance with the standards for product approvals is very important, as a result manufacturing companies in various industries are dependent on cleanroom technology. The regulatory standards or current good manufacturing practices for pharmaceutical products are more stringent as compared to other industries as these products have a direct impact on public health. This is expected to positively impact the market growth by boosting the usage in various industries.

Various initiatives undertaken to create awareness, such as online magazines dedicated to specifying trends in cleanroom technology, and presence of cleanroom company directories are expected to propel the market growth. Cleanroom Academy GmbH, founded in 2008, is one such organization dedicated to help manufacturing companies optimize work processes and offers training courses pertaining to this technology. To serve this purpose, the company arranges a number of seminars, training sessions, and coaching.

Rapid growth of the healthcare industry is impelling demand for this technology. Increase in healthcare expenditure, reimbursement policies for treatment of diseases in various economies, burden of noncommunicable diseases, R&D initiatives by academic & commercial players, as well as improvement in the healthcare infrastructure and rise in geriatric population are some of the major factors driving the healthcare industry, which in turn is expected to increase usage rates in production facilities.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/cleanroom-technology-market

Further Key Findings From the Report Suggest: 

·         The global cleanroom technology market size was estimated at USD 3,097.8 millionin 2016 and is expected to grow at a CAGR of 5.1% from 2017 to 2025

·         Consumables emerged as the largest product type segment and the equipment segment is anticipated to witness fastest growth over the next 8 years

·         Pharmaceutical industry accounted for the largest revenue share of around 48.7% in 2016 due to several factors such as presence of stringent regulations in the U.S. regarding approval of imported products from emerging countries

·         Asia Pacific region is anticipated to witness lucrative growth over the next decade due to emergence of healthcare sector in the developing countries, increased production of generics, and economic development

·         The market is highly fragmented in nature with participants such as Clean Air Products; M+W Group; KCWW; DuPont; Abtech; Integrated Clean Room Technologies Pvt Ltd; Clean Room Depot, Inc.; Terra Universal; Labconco

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented cleanroom technology market on the basis of product type, end use, and region:

Product Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Equipment

o    Heating Ventilation and Air Conditioning System (HVAC)

o    Cleanroom air filters

o    Air shower and diffuser

o    Laminar air flow unit

o    Others

·         Consumables

o    Gloves

o    Wipes

o    Disinfectants

o    Apparels

o    Cleaning products

End-use Outlook (Revenue, USD Million, 2014 - 2025)

·         Pharmaceutical industry

·         Medical device industry

·         Biotechnology industry

·         Hospitals and diagnostic centers

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

o    South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-cleanroom-technology-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

Anisole market Projected to reach USD 54.9 million by 2022 : Grand View Research,Inc.

Global anisole market is expected to reach USD 54.9 million by 2022, according to a new study by Grand View Research, Inc. Rapid industrialization coupled with growing use of these intermediate chemicals for production of various other products such as building polycarbonates, and detergents is expected to promote capacity expansion over the next seven years.

Various factors including rising disposable income coupled with increasing spending on personal care products including perfumes is expected to drive product’s need over the forecast period.

High need from various applications including perfumes on account of its pleasant aromatic odor and pharmaceutical sector owing to its tremendous use as an intermediate chemical will be favorable for global industry expansion.

Rising need for consumer products such as fragrances and flavors on account of changing consumer habits along with better living standards is expected to augment the product demand in emerging economies including India, China, and Brazil. However, raw material availability will challenge growth over the next seven years.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/anisole-market

Further key findings from the study suggest:

·         Perfumes dominated the industry with revenue estimated over USD 19.0 million in 2014. Rising disposable income coupled with increasing penetration of players such as P&G and Reckitt Benckiser through new product launches in China and India is expected to promote cosmetics sector. This in turn will have a positive impact on the market over the forecast period. Furthermore, rapid urbanization, higher spending power and growing awareness regarding appearance and grooming in emerging economies is expected to propel perfume sector in the region thereby fuelling growth.

·         Pharmaceuticals were the second largest segment and valued over USD 14.0 million in 2014. Prevalence of various companies including Johnson & Johnson, Pfizer and Merck & Co. along with high R&D expenditure in the U.S. and Mexico will propel product expansion.

·         Europe was the largest market, estimated over USD 13.0 million in 2014. Growing personal care products sector in Germany, Italy, France and UK is expected to have a positive impact over the forecast period. Introduction of new gender-specific products and technological developments is expected to drive need for personal care products. This in turn will augment demand over the next seven years.

·         Asia Pacific is expected to witness fastest growth at a CAGR of 4.9% from 2015 to 2022. Growing popularity of various brands including Christian Dior, Chanel and Elizabeth Arden in developing countries is expected to augment demand over the next seven years. In addition, increasing need for men perfumes particularly in India and China is expected to propel industry over the forecast period.

·         Global industry is fragmented on account of presence of numerous companies. These invest highly in R&D to introduce innovative products and employ various strategies including M&A and joint ventures to expand their presence. In March 2011, Camlin Fine Chemicals Ltd. signed an acquisition agreement for Borregaard Italy’s anisole facility.

Browse more reports of this category by Grand View Research:   http://www.grandviewresearch.com/industry/personal-care-and-cosmetics

Grand View Research has segmented the global anisole market on the basis of application and region:

Anisole Application Outlook (Revenue, USD Million, 2012 - 2022)

·         Perfumes

·         Pharmaceutical

·         Others

Anisole Regional Outlook (USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Italy

o    France

·         Asia Pacific

o    China

o    Japan

·         Latin America

o    Brazil

• MEA

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/global-anisole-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