Synthetic paper market expected to reach USD 454.5 million by 2024 : Grand View Research,Inc.

The global synthetic paper market is expected to reach USD 454.5 million by 2024, according to a new report by Grand View Research, Inc. Synthetic paper is an eco-friendly alternative to the conventional wood pulp based paper. Growing consumer awareness regarding utilization of environmentally friendly products and supportive government regulations are likely to propel growth over the forecast period.

Manufacturers have been involved in extensive R&D to produce the synthetic paper which is water and tear resistant, scuff resistant, and provides easy printability. Technological advancement in printing technologies is also likely to propel its growth over the next eight years. Inkjet technology is one of the most popular printing techniques for the synthetic paper.

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http://www.grandviewresearch.com/industry-analysis/synthetic-paper-market-analysis

Further key findings from the report suggest:

·         BOPP segment dominated the global synthetic paper market and was over USD 140.0 million in 2015. Cost effectiveness and superior properties are likely to propel its growth over the forecast period. The HDPE segment is expected to witness significant growth on account of its growing utilization for labeling in numerous industries.

·         Non-label application was valued at over USD 150.0 million in the global market in 2015. The label application was estimated to grow at a significant pace owing to stringent government regulations regarding food & beverage labeling, which is expected to lead to increased utilization over the forecast period.

·         Asia Pacific dominated the market and was valued at over USD 90.0 million in 2015. Growing manufacturing sector in the region has led to increasing demand for the product from its applications. Japan, Taiwan, China, India, and Australia are key economies leading to market growth. Many synthetic paper manufacturers in North America and Europe have been focusing on expanding their businesses in the region on account of low cost and availability of skilled labor.

·         In October 2014, PPG Industries developed a new website for its TESLIN substrate, which is a highly durable synthetic paper. This step has led to easy accessibility of the product worldwide. Similarly, In November 2014, Tagleef Industries acquired Derprosa Film. This move has helped the company to increase its global reach. The company has been involved in R&D to develop the innovative product to strengthen its market position. It has three manufacturing facilities in the Middle East, two in Europe, one in the U.S., one in Australia, and distribution and sales center in Germany and China.

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Grand View Research has segmented the global synthetic paper market on the basis of product, application and region:

  Global Synthetic Paper Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

·         BOPP

·         HDPE

·         Others

  Global Synthetic Paper Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

·         Label

·         Non-Label

  Global Synthetic Paper Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

o    Italy

·         Asia Pacific

o    China

o    Japan

o    Taiwan

o    India

o    Australia

·         Latin America

o    Brazil

·         Middle East & Africa

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

Dietary supplements market Expected to reach USD 278.02 billion by 2024 : Grand View Research,Inc.

The global dietary supplements market is expected to reach USD 278.02 billion by 2024, according to a new report by Grand View Research, Inc. Favorable outlook towards medical nutrition market in light of increasing application for the treatment of malnutrition and cardiovascular disorders is likely to promote the market for dietary supplements.

Rising sales of sports nutrition products in the U.S. and China on account of increasing prevalence of fitness and sports at a domestic level along with new product launches is likely to have a significant impact on the industry over the projected period. The market is expected to generate revenues worth USD 37.16 billion by 2024.

Rising consumption of clinical nutrition products as a prevention medium for reducing malnutrition is expected to have a substantial impact. Furthermore, increasing prevalence of premature births on a global level is expected to promote the use of medicinal supplements over the forecast period. The market was worth USD 19.17 billion in 2015 and is projected to witness growth at a CAGR of 9.5% from 2016 to 2024.

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

Further key findings from the report suggest:

·         The market for dietary supplement capsules was valued at USD 26.42 billion in 2015. The increasing use of omega-3 fatty acids in the formulation of dietary supplement capsules is expected to have a positive impact over the forecast period.

·         Amino acid-based dietary supplements accounted for 14.3% of the market share in 2015 and is projected to witness significant growth on account of increasing protein intake by bodybuilders and sports athletes

·         Gel caps and soft gels together accounted for 13.2% of the overall market in 2015. These products are expected to witness growth on account of their increasing application in confectionaries including chocolates, candies, and desserts.

·         Asia Pacific is projected to growth at a CAGR of 11.2% from 2016 to 2024. Rising sales of green juice, royal jelly, blueberries, chlorella, and black vinegar in Japan owing to increasing awareness towards natural products is expected to promote the use of nutritional supplements over the forecast period.

·         North America accounted for 28.5% of the total market in 2015 and is projected to witness growth on account of increasing consumption of products with reduced calorie level and high nutritional content

·         Key participants include Amway Corporation, Pfizer Pharmaceuticals, Abbott Laboratories, Herbalife International, ADM, DuPont, and Carlyle Group. In April 2016, Amway Inc. launched a new sports nutrition energy drink under the brand name, XS Sports Nutrition line. This type of product innovation is expected to force manufacturers to develop new products over the next eight years.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the global dietary supplements market by ingredient, product, application, end-use and region:

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

·         Botanicals

·         Vitamins

·         Minerals

·         Amino Acids

·         Enzymes

·         Others

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

·         Tablets

·         Capsules

·         Powder

·         Liquids

·         Soft Gels

·         Gel Caps

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

·         Additional Supplements

·         Medicinal Supplements

·         Sports Nutrition

End-use Outlook (Revenue, USD Million, 2013 - 2024)

·         Infant

·         Children

·         Adults

·         Pregnant Women

·         Old-aged

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

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

o    Italy

·         Asia Pacific

o    China

o    Japan

o    India

·         Latin America

o    Brazil

·         Middle East & Africa (MEA)

o    South Africa

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

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