Refrigerant market Expected to reach USD 30.37 billion by 2025 : Grand View Research, Inc.

The global refrigerant market size is expected to reach USD 30.37 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% during the forecast period. Development of eco-friendly alternatives, as a result of environmental policies aimed at ozone depletion and GHG emissions, is a key factor driving market growth. 

Regulations across EU, Japan, China, and U.S. have prompted consumers to shift toward hydrocarbon and inorganic refrigerants, with its demand predicted to increase drastically over the forecast period. The fluorocarbons segment accounted for over 50% of the overall consumption in 2016.

Inorganics emerged as the second-largest product segment in terms of revenue. Thermal efficiency of the product has enabled its penetration across industrial applications. Low cost, easy availability, and eco-friendly characteristics are key factors boosting its demand in industrial areas.

The Asia Pacific market for refrigerants has reported strong demand in recent times. Growth in industrial activity and productivity across China and India will continue to spur demand for refrigeration across residential, industrial, and commercial sectors. China represented more than one fifth of the global consumption in 2016.

Companies are constantly striving to consolidate their presence through product development, regional expansions, and application diversification strategies. Innovative and cost-effective products that meet both end-user specifications and regulatory standards are key determinants for competitive edge.

Full research report on refrigerant market analysis:

https://www.grandviewresearch.com/industry-analysis/refrigerant-market

Further key findings from the report suggest:

·         The global refrigerant demand was estimated at 1.73 million tons in 2016 and is expected to rise at a CAGR of 5.4% from 2017 to 2025

·         The United Nations Framework Convention on Climate Change has played a pivotal role in regulating the use of refrigerant products and has compelled industry participants to develop alternative sources

·         Europe is the second largest consumer, with the mobile air conditioning, industrial, and commercial refrigeration sectors exhibiting strong demand. A standard environmental policy across EU has impelled regional manufacturers to invest extensively in R&D

·         The hydrocarbon refrigerant segment is expected to witness a CAGR of 8.9% in terms of volume over the forecast period. Energy efficiency, low cost, and ecofriendly nature of the product are key traits positively influencing demand

·         Domestic refrigeration is estimated to emerge as the most promising segment in terms of volume, exhibiting a CAGR of 6.2% over the forecast period

·         Some of the key players in the market are Honeywell International, Daikin Industries Limited, Arkema S.A., Linde Group, and The Chemours Company.

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

Refrigerant Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Fluorocarbon

·         Hydrocarbon

·         Inorganic

·         Others

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

·         Industrial Refrigeration

·         Domestic Refrigeration

·         Transport Refrigeration

·         Commercial Refrigeration

·         Stationary Air Conditioning, Chillers & Heat Pumps

·         Mobile Air Conditioning

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

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    U.K.

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa

o    Saudi Arabia

Access press release by Grand View Research: https://www.grandviewresearch.com/press-release/global-refrigerant-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

Seed treatment market to grow at a CAGR of 9.6% to 2020 : Grand View Research, Inc.

In 2013, the global seed treatment market was worth USD 2.98 billion. Increasing pesticides & fertilizers price, cost of farm-level seed treatment and increasing cycles of crop rotation are some of the critical factors likely to drive market growth. Moreover, easier management of residue, conventional agrochemical application and higher yield of better quality agricultural products are other key drivers of the market.

Emergence of new technologies and increasing seed prices promise better agronomic performance and higher yields. Hence, an increasing number of farmers and growers have changed their preference to seed treatment to look after their valued investments. Seed treatment chemicals have lesser or no harmful impact on the consumers, environment and workers as compared to the conventional chemical agents.

Corn/maize was the largest crop type subjected to seed treatment accounting for over 30% of the market in 2013. High vulnerability of these crops towards pests/insects led to the high market share.

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

Canola crop type is projected to witness the highest growth rate, at an estimated CAGR of 10.3% from 2014 to 2020. Canola oil is being used extensively worldwide owing to its low content of saturated fat, zero trans-fat and being free from cholesterol.

Insecticides seed treatment accounted for the highest market share of over 50% in 2013. The result of killing caterpillars which feed on the crop benefits in obtaining better quality and higher yields.

Non chemical treatment is expected to witness a very high growth rate, at an anticipated CAGR of 10.3% from 2014 to 2020. The growing awareness about the harmful effects of other seed treatments to surrounding environment and human health is expected to increase the demand for non-chemical treatment.

North America accounted for over 40% of the global seed treatment market in 2013. Technological advancements and increased demand for soybean and corn for producing biofuels is projected to provide the region with an upper hand over the forecast period.

Sygenta and Bayer were the two leading companies in 2013 contributing over 60% together of the total market share of global seed treatment market. Hence the industry is highly concentrated. Other major companies in the market include BASF, Monsanto, Chemtura, DuPont and Nufarm. The seed treatment industry participants are enhancing its research and development and is categorised by better-quality products and patents being registered by the manufacturers. Moreover, the growing need of these products coupled with disinfectant properties results in better growth of seeds. This is anticipated to stimulate ongoing research by several manufacturers.

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

Grand View Research has segmented the global seed treatment market on the basis of treatment type, crop type and region:

Seed Treatment Type Outlook (Revenue, USD Million, 2012 - 2020)

·         Insecticides

·         Fungicides

·         Chemical

·         Non chemical

Seed Treatment Crop Outlook (Revenue, USD Million, 2012 - 2020)

·         Corn/Maize

·         Soybean

·         Wheat

·         Canola

·         Cotton

·         Others

Seed Treatment Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Latin America

·         Asia Pacific

·         RoW

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-seed-treatment-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

Thermoplastic elastomers (TPE) market expected to reach USD 19.76 billion by 2022 : Grand View Research, Inc.

Global thermoplastic elastomers (TPE) market is expected to reach USD 19.76 billion by 2022, according to a new report by Grand View Research, Inc. High substitution rate of thermoplastic elastomers, such as TPU and TPO, as an alternative to ethylene propylene diene monomer (EPDM) in construction materials is expected to drive TPE demand over the forecast period. Growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency by reducing overall weight of automobiles is expected to fuel TPE demand over the forecast period. Volatile prices of key raw material such as styrene, propylene and polyurethane are expected to remain a key challenge for market participants.

SBC was the single largest product segment and accounted for 47.1% of total market volume in 2014. Increasing demand for SIS, particularly in China & India, in automotive applications is expected to drive the product segment growth over the next seven years. Paving & roofing was the leading application segment for SBC and accounted for almost 35% of the product volume in 2014.

Full research report on thermoplastic elastomers (TPE) market analysis: https://www.grandviewresearch.com/industry-analysis/thermoplastic-elastomers-market

Further key findings from the study suggest:

·         Global thermoplastic elastomers market was 4.01 million tons in 2014 and is expected to grow at a CAGR of 4.8% from 2015 to 2022.

·         Thermoplastic vulcanizates (TPV) is expected to witness the highest growth of 6.7% from 2015 to 2022. Increasing demand for specialty high performance plastics in automotive industry is expected to drive TPV demand.

·         Asia Pacific was the largest regional market and accounted for over 40% of total consumption in 2014. The regional market is characterized by high industrial growth as a result of favorable government policies and monetary framework encouraging private investments in manufacturing sector. China and India are major TPE consumers are expected to grow exponentially over the forecast period. These two countries accounted for approximately 66% of the regional demand in 2014.

·         North America was the leading TPO consumer and accounted for 35.5% of the product volume in 2014. Its increasing demand in industrial & construction applications is expected to drive the regional growth.

·         Global TPE industry is moderately concentrated with top four companies accounting for over 45% of the overall market share in 2014. Major companies operating globally include Arkema, Bayer MaterialScience, Dynasol Elastomers, Evonik, Kraton and Dow Chemical Co.

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

Grand View Research has segmented the global thermoplastic elastomers market on the basis of product and region:

Global Thermoplastic Elastomers (TPE) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         Styrene Block Copolymers (SBC) Thermoplastic Polyurethanes (TPU)

o    Styrene Butadiene Styrene (SBS)

o    Styrene Isoprene Styrene (SIS)

o    Hydrogenated Styrene Block Copolymers (HSBC)

·         Thermoplastic Polyolefins (TPO)

·         Thermoplastic Vulcanizates (TPV)

·         Copolymer Esters (COPE)

·         Other TPE

Global Thermoplastic Elastomers (TPE) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

o    France

o    UK

o    Italy

·         Asia Pacific

o    China

o    India

o    Japan

·         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-thermoplastic-elastomers-tpe-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

Glyphosate market Expected to exceed USD 8.50 billion by 2020 : Grand View Research, Inc.

The global glyphosate market is expected to exceed USD 8.50 billion by 2020, according to a new study by Grand View Research, Inc. GM crops have witnessed high penetration, on account of benefits such as high yield and disease resistance. The amount of glyphosate added to major genetically modified crops has been increasing over the past few years. This is expected to drive the global glyphosate market over the forecast period. High demand for minimum tillage as well as no-tillage systems is also expected to fuel the market over the next six years. Considerable environmental and health concerns have led to stringent regulations on glyphosate usage, which may act as a restraint to industry growth.

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

Further key findings from the study suggest:

·         Global glyphosate demand was over 700 kilo tons in 2013, which is expected to exceed 1,000 kilo tons by 2020.

·         Conventional crops dominated global market volume in 2013; glyphosate is used two to three weeks before sowing crops such as wheat, sorghum, sunflower, etc. This aids in significant tillage reduction along with efficient weed control. GM crops are expected to witness high growth over the forecast period, primarily due to growing adoption in Latin America, China and India.

·         Asia Pacific was the largest regional market in 2013; North America accounted for over 25% of the global market volume in the same year. GM crop adoption coupled with arable land availability in China and India is expected to drive the Asia Pacific glyphosate market over the next six years.

·         Major industry participants include Monsanto, Syngenta, Nufarm, Dow AgroSciences and DuPont. Other companies mainly include BASF, Bayer and a large number of Chinese manufacturers. Key players have targeted weed management systems development, which help lower adverse environmental impact and control weeds through different modes as compared to traditional glyphosate application.

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

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

Glyphosate Application Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 - 2020)

·         Conventional Crops

·         GM Crops

Glyphosate Regional Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 - 2020)

·         North America

o    U.S.

o    Mexico

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         RoW

o    Brazil

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-glyphosate-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

Food additives market expected to reach USD 55.53 billion by 2022 : Grand View Research , Inc.

Global food additives market is expected to reach USD 55.53 billion by 2022, according to a new study by Grand View Research, Inc. Food & beverage industry growth in BRICS and Middle East on account of rising domestic consumption and increasing foreign direct investments is expected to augment market growth. Asia Pacific is expected to be one of the most promising markets on account of growing domestic consumption in China and India owing to population growth and new product launches by food & beverage manufacturers. Availability of raw materials such as sorbitol and lactic acid in China, Indonesia, and Malaysia in light of abundant farmland for oilseeds and soy is expected to be a favorable factor for market growth in the near future.

Flavorants & enhancers were the largest application segments, accounting for over 30% of global food additives market revenue in 2014. Increasing consumer awareness towards consumption of low salt and sugar free products is expected to enhance the importance of flavors and enhancers over the forecast period.

Access Full research report on keyword  analysis:
http://www.grandviewresearch.com/industry-analysis/food-additives-market

Further key findings from the study suggest:

·         Enzymes are anticipated to remain the fastest growing segment, growing at a CAGR of over 5% from 2015 to 2022. Increasing use of enzymes in food & beverage industry in light of low cost as compared to others synthetic chemicals and regulatory inclination to restrict green house gas (GHG) emissions is expected to be a favorable factor for food additives market growth over the forecast period.

·         Increasing consumption of emulsifiers in salad dressings, peanut butter, chocolate, margarine and frozen desserts is anticipated to propel market growth for food additives over the next seven years.

·         Food & beverage companies such as Coca Cola, Nestle and Mondelez International have increased their market presence in high demand regions such as Brazil and India through product innovations and strategic partnerships with brand partners. As a result, food additives market players are expected to utilize this opportunity for establishing their production bases in the emerging economies.

·         Global market for food additives is highly fragmented with a presence of large number of chemical and functional ingredients manufacturers such as DuPont, BASF, Cargill and Eastman. The market is characterized by significant consolidation by companies entering in to strategic alliances with members within the value chain. In September 2012, DuPont and AvidBiotics Corp. formed a partnership aimed at improving food safety by giving exclusive rights to DuPont to use AviBiotics antibacterial protein technology.

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

 Grand View Research has segmented the global food additives market on the basis of product and region:

Global Food Additives Product Outlook (Revenue, USD Million, 2012 - 2022)

·         Flavors & Enhancers

o    Natural flavors

o    Artificial Flavor & Enhancers

·         Sweeteners

o    HIS

o    HFCS

o    Others

·         Enzymes

·         Emulsifiers

o    Mono, Di-Glycerides & Derivatives

o    Lecithin

o    Stearoyl Lactylates

o    Sorbitan Esters

o    Others

·         Shelf- life stabilizers

·         Fat Replacers

o    Protein

o    Starch

o    Others

Global Food Additives Regional Outlook (Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

o    France

·         Latin America

o    Brazil

·         Asia Pacific

o    Japan

o    China

o    India

·         MEA

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-food-additives-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