Composites Market expected to reach USD 130.84 billion by 2024 : Grand View Research, Inc.

The global composites market is expected to reach USD 130.84 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for composites in various applications including transportation, aerospace & defense, electrical & electronics, wind energy, construction & infrastructure, pipes & tanks, and marine is expected to drive market growth over the forecast period. The development of these end-user application segments is projected to fuel the industry expansion further. 

Electrical & electronics accounted for 16.4% of the global volume market share in 2015. These materials are being increasingly used in electrical & electronics owing to their high arc resistance properties and dielectric strength. Growing demand for electronic gadgets, particularly wearable electronics, is expected to augment growth. 

Transportation was the largest application of composites and is projected to witness significant gains at a CAGR of 7.5% from 2016 to 2024. The increase in road networks, especially in Asia Pacific, is expected to result in stimulating the growth of the market over the forecast period.  

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

Further key findings from the report suggest:

·         The glass fiber market was estimated at USD 41.88 billion in 2015 and is projected to dominate the global composites market over the forecast period. Owing to its weather-resistant, surface texture varieties and lightweight properties, the global market for GFRP is projected to account for the largest share. Key market players are investing in the production of glass fibers especially in emerging countries such as India, Brazil and China owing to the growing demand from various application industries such as automotive, aerospace & defense, wind energy, and transportation.

·         North America is expected to witness a significant growth at a CAGR of 6.8% from 2016 to 2024 in terms of value. The automotive industry in this region has witnessed a significant growth in the recent years in terms of profitability and growth which has attributed to increasing the production of the auto sector. Furthermore, growing production of light commercial vehicles is expected to propel the growth of composites market over the forecast period.

·         Carbon fiber composites segment is supposed to create an avenue in the automotive industry owing to the high-value application and technological advancements. The segment accounted for 34.3% of the global market size in 2015. The major composites manufacturers are emphasizing on the expansion of production capacities and R&D activities to reduce the cost of CFRP.

·         Key industry players include Owens Corning, Toray Industries Inc., TenCate NV, SGL Carbon, Cytec Industries, Compagnie De Saint-Gobain, and Jushi Group Co. Ltd. These companies are focused on R&D activities to launch innovative products to strengthen their composites product portfolio and enhance their market presence.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber

Grand View Research has segmented the global composites market on the basis of product, resin type, manufacturing process, and application:

Global Composites Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

·         Carbon Fiber Composites

·         Glass Fiber Composites

·         Others

Global Composites Resin Outlook (Volume, Kilo Tons; Revenue, USD Million; 2013 - 2024)

·         Thermosetting Composites

·         Thermoplastic Composites

Global Composites Manufacturing Process Outlook (Volume, Kilo Tons; Revenue, USD Million; 2013 - 2024)

·         Layup Process

·         Filament Winding Process

·         Injection Molding Process

·         Pultrusion Process

·         Compression Molding Process

·         Resin Transfer Molding Process

·         Others

Global Composites Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2013 - 2024)

·         Automotive &Transportation

·         Aerospace & Defense

·         Electrical & Electronics

·         Construction & Infrastructure

·         Pipes & Tanks

·         Marine

·         Others

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

·         North America

o    U.S.

o    Others

·         Europe

o    Germany

o    France

o    Others

·         Asia Pacific

o    China

o    India

o    Others

·         Latin America

o    Brazil

o    Others

·         MEA

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-composites-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: https://www.grandviewresearch.com/

Microgrid Market is expected to reach USD 17.51 billion by 2025 : Grand View Research, Inc.

 The global microgrid market is expected to reach USD 17.51 billion by 2025,growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. The improvement in manufacturing sectors of emerging markets including Mexico, China and India as a result of favorable government policies to attract investments is expected to promote market growth.

Microgrid differs from conventional electrical distribution system as it acts a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses. These systems perform dynamic control over energy sources by enabling autonomous as well as automatic self-healing operations.

Rising importance of captive electricity generation as a key alternative to the regulated power supply by municipal regulators in mining and mechanical engineering sectors is expected to have a strong impact. Furthermore, rising production output of unconventional sources including shale gas in the U.S. and Canada as a result of high utilization of fracking technology is expected to ensure access of natural gas as a power source over the next eight years.

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

Further key findings from the report suggest:

·         The global microgrid demand was stood at 1.48 GW in 2016 and is projected to reach 6.54 GW by the end of 2025, expanding at a CAGR of 16.3% from 2017 to 2025.

·         Remote microgrid market demand was 568.2 MW in 2016. The segment is expected to foresee tremendous gains owing to the upcoming installation of new projects in Arctic circle, Russia

·         Natural gas is expected to witness revenue growth at a CAGR of 18.1% from 2017 to 2025. The governments of Russia and Syria signed Russia-Syria Offshore Gas Deal which is aimed for exploration and production of natural gas in Syrian Coast. The abovementioned favorable trends in natural gas industry of Russia is expected to open new markets.

·         Utility is projected to account for 9.6% of global volume share by the end of 2025 as a result of increasing power demand amid the inclusion of new HVAC and heavy load machinery in manufacturing sector

·         North America is expected to account for 71.4% of global revenue by the end of 2025. The increasing number of new solar PV microgrids for utility in Northeast and West regions of the U.S. is expected to have a positive impact.

·         Key vendors include Siemens AG, Exelon, GE, Lockheed Martin Corporation, Lockheed Martin Corporation, ABB Group, Power Analytics, Toshiba Corporation, Honeywell International Inc, ZBB Energy Corporation, Echelon Corporation and Schneider Electric. In November 2016, Exelon launched five new microgrids at USD 250 million through the assistance with Anarbic. This launch is anticipated to play a crucial role in increasing the market share of Exelon in global industry over the next eight years.

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

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

Microgrid Power Source Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

·         Natural Gas

·         CHP

·         Solar PV

·         Diesel

·         Fuel Cell

·         Others

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

·         Remote

·         Grid connected

·         Hybrid

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

·         Government

·         Education

·         Commercial

·         Utility

·         Defense

·         Others

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

·         North America

o    U.S.

·         Europe

o    Germany

·         Asia Pacific

o    China

o    India

·         Central & South America

o    Brazil

·         Middle East & Africa

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-microgrid-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: https://www.grandviewresearch.com/

Smart glass market size is expected to Boost USD 9.98 billion by 2025 : Grand View Research, Inc.

The global smart glass market size is expected to reach USD 9.98 billion by 2025, according to a new report by Grand View Research, Inc. The growing glazing area in commercial and residential buildings is expected to impact the market positively over the next few years. Architects are suggesting the use of smart technology for new buildings, which is expected to drive smart glass demand in the architectural segment.

High growth opportunities exist in the transportation sector as manufacturers are increasingly using smart glass as an alternative to conventional glass. In 2016, the new Mercedes-Benz SLC incorporated the Suspended Particle Devices (SPD) technology developed by Research Frontiers, Inc. Daimler AG and BMW AG have deployed smart glass in sunroofs and windows of their premium cars. Ferrari 575M Super America featured an electrochromic smart glass panel roof. Electrochromic smart glass is used in the fabrication of Boeing 787 Dreamliner windows.

The key factors contributing to the smart glass market growth include positive growth outlook of the construction industry, increasing automotive production, and rising investments in infrastructure projects. Moreover, growing restoration and renovation activities in commercial and residential buildings are providing ample replacement opportunities as the current buildings lack energy-efficient infrastructure.

Full research report on smart glass market analysis:

http://www.grandviewresearch.com/industry-analysis/smart-glass-market

Further key findings from the report suggest:

·         The electrochromic segment is expected to account for a revenue share of close to 30% by 2025, owing to its increased adoption in smart windows for transportation and architectural applications

·         The consumer electronics segment is expected to grow at a significant rate as several manufacturers are focusing on implementing smart glass in their products

·         LG incorporated the technology in its new refrigerator, which featured darkened glass panel that illuminates upon an external stimulus to become transparent in order to reveal the fridge’s contents

·         The aircraft segment is expected to grow at a CAGR of more than 15% over the forecast period

·         Asia Pacific is expected to be the fastest-growing regional market, owing to increasing investments for the production of smart glass in economies such as Taiwan and Japan

·         The key industry players include Saint-Gobain S.A., Asahi Glass Co., Ltd., Corning Incorporated, and DuPont

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the smart glass market based on technology, application, and region:

Smart Glass Technology Outlook (Revenue, USD Million; 2014 - 2025)

·         Electrochromic

·         Polymer Dispersed Liquid Crystal (PDLC)

·         Suspended Particle Devices (SPD)

·         Thermochromic

·         Photochromic

Smart Glass Application Outlook (Revenue, USD Million; 2014 - 2025)

·         Architectural

·         Transportation

o    Automotive

o    Aircraft

o    Marine

·         Consumer electronics

·         Power generation

Smart Glass 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

·         MEA

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-smart-glass-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: https://www.grandviewresearch.com/

Antibiotics Market is expected to reach USD 57.0 billion by 2024 : Grand View Research, Inc.

The antibiotics market is expected to reach USD 57.0 billion by 2024, according to the new report by Grand View Research, Inc. Rising prevalence of infectious diseases especially in developing regions such as Asia Pacific and MEA is anticipated to contribute towards market growth.

More than 15.0% of the deaths, in children below the age of five, are estimated to be due to pneumonia and according to the statistics provided by the WHO about 9.2 million deaths were recorded in 2015. Similar to tuberculosis, the highest prevalence of the disease is identified to be in the South Asian and Sub-Saharan regions. Currently, the required antibiotic treatment is available only to one third of the infected population, thereby increasing the disease burden.

Government reforms specific to antibiotics such as the Generating Antibiotics Incentives Now (GAIN) Act in the U.S. are projected to help market growth over the forecast period. This further expected facilitate development of advanced drugs.

On the contrary, uncertain regulatory policies are likely to hinder the growth of this vertical impacting market growth significantly. In 2013, the U.S. FDA revised the guidance for registration trials for drugs used in the treatment of acute bacterial skin and skin structure infections. The guidance states the use of short term measures of anti-infective efficacy (percent reduction in lesion size at 48 to 72 hours) as opposed to long term measures such as resolution of infection at 10-14 days, which is termed as Test to Cure or TOC.

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

Further Key Findings From the Study Suggest:

·         Antibiotic segment including tetracyclines, imidazoles, lincosamides and monoclonal antibodies held commanding share in 2015 and are also anticipated to grow at a lucrative growth rate over the forecast period

·         Development of monoclonal antibodies for antibiotic resistant microorganism is key highlight of this segment. Increasing incidences of pneumonia, blood stream infections, and urinary tract infections (UTI) are anticipated to foster the usage of carbapenems class of antibiotics.

·         Cell wall synthesis inhibitors dominated the mechanism outlook in 2015. Majority of the antibiotics such as penicillins, cephalosporins and carbapenems forms the cell wall synthesis inhibitor class.

·         RNA synthesis inhibitors as well as folic acid synthesis inhibitors are anticipated to witness healthy growth over the forecast period. Development of several antiviral drugs which inhibit transcription and reverse transcription process are anticipated to support the growth. Folic acid inhibitor sulfa drugs are anticipated to grow as they have wide application scope.

·         Asia Pacific on account of huge population base, high prevalence of infectious diseases, regulation reforms and greater usage of generic medicine held commanding share in 2015.

·         Latin America, especially Brazil with strong growth in pharmaceutical sector is also projected to exhibit remunerative growth. Outbreak of certain viruses such as Ebola in African region also contributed towards the significant growth of MEA region.

·         Some of the key players in this vertical are Pfizer, Inc., Janssen Pharmaceuticals, Abbott, GlaxoSmithKline plc, Sanofi, Novartis AG, Bayer AG, Bristol Myers Squibb Company, Eli Lilly and Company and Astellas Pharma, Inc.

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

Grand View Research has segmented the antibiotics market on the basis of drug class and region: 

Global Antibiotics Drug Class Outlook (Revenue, USD Million, 2013 - 2024)

·         Cephalosporins

·         Penicillins

·         Fluoroquinolones

·         Macrolides

·         Carbapenems

·         Aminoglycosides

·         Sulfonamides

·         Other

Global Mechanism Outlook (Revenue, USD Million, 2013 - 2024)

·         Cell Wall Synthesis Inhibitors

·         Protein Synthesis Inhibitors

·         DNA Synthesis Inhibitors

·         RNA Synthesis Inhibitors

·         Mycolic Acid Inhibitors

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

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    Japan

o    China

o    India

·         Latin America

o    Brazil

o    Mexico

·         MEA

o    South Africa

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-antibiotic-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: https://www.grandviewresearch.com/