Market Research News

Wednesday 4 July 2018

Paintprotection film market is anticipated to reach USD 1.49 billion by 2022 : Grand View Research, Inc.

According to a research study by Grand View Research, Inc., the worldwide paintprotection film market is anticipated to reach USD 1.49 billion by 2022. Paint protection films are generally used on painted vehicle surfaces such as side mirrors, front bumpers, door edges, and hoods. These films protect vehicle paints from bug splatters, stone chip, and minor abrasion. They can also be used for RVs, electronics, and cell phones. Rapid growth in the automotive industry on a global level is expected to boost the demand for paint protection films, thereby augmenting the demand for paint protection films. Rising awareness among consumers regarding vehicle protection is said to be one of the major growth driving factors for the global market.

Growing scope of application in various end-use sectors such as electrical, electronics, aerospace, and defense is also likely to contribute toward the growth of this market. The introduction of advanced technologies such as Internet-connected cars is predicted to have a huge and positive impact on market expansion. Furthermore, rising per capita disposable income in various developing countries such as India and China is helping the global market.

Full Research Report On Paint Protection Film Market Analysis : https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

Initially, luxury car manufacturers were the prime consumers of paint protection films; however, these films are now being used by almost all automobile companies. This is anticipated to augment the growth of the global market over the next few years. These paints are witnessing high demand due to factors such as easy replaceability and saving costs for replaced and repaired parts.

The global paint protection film market is categorized by way of application and region. On the basis of application, the market is segregated into electrical and electronics, aerospace and defense, and automotive. On the basis of region, the market is divided into North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and South and Central America.

Asia Pacific was the dominant regional market for paint protection films in 2014 and accounted for 30 % of the overall volume. Factors driving the region include thriving automobile and electronics and electrical sectors in countries like India. It is also expected to be fastest-growing region during estimated years. Rapid urbanization, development of major cities, and increased employment have generated increased sales of cars and this is expected to propel the region’s growth over the coming years.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/healthcare-it

Rapid economic development in this region has resulted in increased sales of luxury cars. This is also projected to boost market growth through 2022. The ongoing trend of shifting automobile manufacturing bases to countries such as China and India due to low capital investments and cheap labor has also contributed toward regional growth.

Central & South America and MEA regions collectively occupied 15 % of the global volume in the past. These markets are characterized by high economic growth and increased spending in these regions. Rapidly developing automotive industry in countries such as Peru, Uruguay, Brazil, Cuba, and Colombia is predicted to spur regional growth. Rising awareness levels among consumers, along with socio-economic development in nations such as Oman, Qatar, and United Arab Emirates, are likely to be key growth drivers for the MEA region. Increasing aftermarket for the automotive sector in the region is also said to offer a higher scope of penetration to the market.

Some of the prominent companies operating in the global paint protection film market are E. I. du Pont de Nemours and Company; Himark Paint Protective Film Ltd.; Premier Protective Films International; XPEL Technologies Corp.; Argotec, LLC.; The Lubrizol Corp.; and The 3M Company. Novel product development is a popular trend among these players to maintain market position.

For example, Solar Gard, a leading firm in advanced film technologies for sun and paint protection, recently presented the Zero to 60 Designs’ fully personalized Tesla Model S at the SEMA Show 2017. The car model features the manufacturer’s latest automobile product innovation called Clearsheild Pro Hydro—a next-gen paint protection film—in partnership with Solar Gard.

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

Tuesday 3 July 2018

Plastic Compounding Market Is Expected To Reach USD 95 billion by 2025: Grand View Research, Inc.

According to the findings of research report by Grand View Research, Inc.; the global plastic compounding market is anticipated to surpass USD 95 billion by 2025. It is expected to grow at around 7% CAGR during the forecast period (2016 to 2026). Ever increasing demand for plastics in construction, automobile, and electronics applications is anticipated to be the key growth driving factor for the global market. In addition, highly advanced production technologies and additive incorporation methodologies are also projected to drive the market growth over the next few years. Growing preference for lightweight plastics over alloys and metals in various application segments is also estimated to propel the market expansion over the forecast period.

Other factors such as manufacturing process and feedstock availability are also expected to have a positive impact on the market growth over the coming years. On the other hand, strict government regulations forcing manufacturing companies to shift from various chemicals and non-biodegradable materials may pose challenges for the market development. However, the introduction of bio-based plastics is likely to offer lucrative growth opportunities for the market. Furthermore, rapid growth in the construction industry is also likely to contribute toward the market expansion. High demand for and rising awareness about attractive interiors are also boosting the market growth in the interior designing appications.

Full Research Report On Plastic Compounding Market Analysis: https://www.grandviewresearch.com/industry-analysis/plastic-compounding-market

Innovations in technology are also likely to facilitate more effective and faster production. The market is rapidly shifting toward advanced options, such as convective and fluidization blenders, from the traditional batch mixers. This is anticipated further impel market growth in forthcoming years. In addition, advanced mixers and compounding equipment are designed to combine multiple process stages into single equipment including drying, granulation, coating, etc. This factor is also anticipated to bode well for the market in near future.

The global plastic compounding market is categorized based on product type, application or end user, and region. On the basis of product type, the market is further categorized into polypropylene, polyethylene, polyvinyl chloride (PVC), thermoplastic olefins (TPO), thermoplastic vulcanizates (TPV), polyethylene terephthalate (PET), polystyrene, acrylonitrile butadiene styrene (ABS), polyamide, polybutylene terephthalate (PBT), polycarbonate, and others[RJ1] . On the basis of application, the market is segregated into construction, automotive, packaging, industrial machinery, consumer goods, optical media, medical devices, electrical and electronics, and others.

Based on regions, the market is divided into Europe, North America, Asia Pacific (APAC), Middle East and Africa (MEA), and Central and South America. The APAC regional market came up as the biggest consumer for plastic compounds in the past and accounted for almost half of the global market share. Factors such as the advent of several small and medium enterprises (SMEs) and supportive economic scenario have helped significantly in the development of the region in the past. Developing countries in this region, especially China, have been experiencing rapid growth across various end use sectors. This is expected to further contribute to the regional growth.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins

The Europe plastic compounding market is likely to witness sluggish growth over the forecast period. This is mainly accredited to the shift of automobile manufacturing, the dominant sector in the region, toward eastern European countries, such as Romania, Czech Republic, and Slovakia.

The North America market is characterized by high consumer awareness, technologically advanced production processes, and a wide range of end users. It is one of the prominent regional markets with the US being the largest consumer. Rapidly growing rebounding automotive and construction sectors in the US is the primary market driver.

Major companies operating in the global plastic compounding market are LyondellBasell Industries N.V.; E. I. du Pont de Nemours and Company; PolyOne Corp.; Saudi Basic Industries Corp. (SABIC); China XD Plastics Company Ltd.; and Mitsubishi Chemical Corp. Mergers and acquisitions and global business expansion are the major strategies adopted by most market players to strengthen their market hold.

For example, DowDuPont Transportation & Advanced Polymers recently announced the expansion of production capacity at their Mechelen, Belgium site to fulfill the high demand for DuPont Zytel HT. Th is high performance polyamide resin is mainly used in automotive and consumer and electronics industries.

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

[RJ1]Always expand the acronyms. You can use common acronyms like R& D, M&A, etc.

Essential Oils Market expected to reach USD 2.54 billion by 2020 : Grand View Research, Inc.

The global market for non-halogenated flame retardants is expected to reach USD 2.54 billion by 2020, according to a new study by Grand View Research, Inc. Concern for human health and environment has led to many countries banning halogen based flame retardants. These regulations and legislations are key factors positively affecting the demand for halogen free retardants. Polymers are being increasingly used in many end use industries such as automotive, electrical, construction, etc. Increased use of polymers has given a significant rise to risk of fire accidents. Extensive use of non-halogenated flame retardants for countering these instances will lead to its increased demand and eventual market growth. The estimated CAGR for market revenue is 8.2%. However, issues with processing of these materials are expected to be a challenge for market participants.

Full Research Report On non-halogenated flame retardants Analysis:
http://www.grandviewresearch.com/industry-analysis/non-halogenated-flame-retardants

Further key findings from the study suggest:

· The global market for non-halogenated flame retardants is expected to reach 2013.9 kilo tons, growing at an estimated CAGR of 7.3% from 2014 to 2020 in terms of volume.

· Phosphorous based retardants are expected to generate over 50% of the overall market revenue, growing at an estimated CAGR of 8.3% till 2020. It is also estimated to be the fastest growing segment in revenue terms.

· Construction is leading non-halogenated flame retardants end use segment in terms of revenue, however its estimated CAGR of 7.9% is the lowest.

· North America was a dominant consumer of non-halogenated flame retardants in 2013 with over 40% volume share and is expected to continue this trend with a CAGR of 7%, below the consolidated industry CAGR of 7.3%.

· Market structure is fragmented with a number of players accounting for more than 60% of the market share.

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 non-halogenated flame retardants market on the basis of product, application, end use and region:

Global Non-Halogenated Flame Retardants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

· Aluminum hydroxide

· Phosphorous Based

· Others (nitrogen, magnesium hydroxide, etc.)

Global Non-Halogenated Flame Retardants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

· Polylefins

· Epoxy resins

· UPE

· PVC

· ETP

· Rubber

· Styrenics

· Others Applications

Global Non-Halogenated Flame Retardants End Use industry Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

· Electrical

· Construction

· Transportation

· Others (furniture, textiles, etc.)

Non-Halogenated Flame Retardants Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)

· North America

· Europe

· Asia Pacific

· RoW

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

Non-Halogenated Flame Retardants Is Projected To Expand At A Healthy Growth Rate Of USD 2.54 billion by 2025 : Grand View Research, Inc.

Full Research Report On non-halogenated flame retardants Analysis:
http://www.grandviewresearch.com/industry-analysis/non-halogenated-flame-retardants

Further key findings from the study suggest:

· The global market for non-halogenated flame retardants is expected to reach 2013.9 kilo tons, growing at an estimated CAGR of 7.3% from 2014 to 2020 in terms of volume.

· Construction is leading non-halogenated flame retardants end use segment in terms of revenue, however its estimated CAGR of 7.9% is the lowest.

· Market structure is fragmented with a number of players accounting for more than 60% of the market share.

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 non-halogenated flame retardants market on the basis of product, application, end use and region:

Global Non-Halogenated Flame Retardants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

· Aluminum hydroxide

· Phosphorous Based

· Others (nitrogen, magnesium hydroxide, etc.)

Global Non-Halogenated Flame Retardants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

· Polylefins

· Epoxy resins

· UPE

· PVC

· ETP

· Rubber

· Styrenics

· Others Applications

Global Non-Halogenated Flame Retardants End Use industry Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

· Electrical

· Construction

· Transportation

· Others (furniture, textiles, etc.)

Non-Halogenated Flame Retardants Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)

· North America

· Europe

· Asia Pacific

· RoW

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

Healthcare Payer BPO Market Is Projected To Reach USD 34.2 Billion By 2022 : Grand View Research, Inc.

Global healthcare payerBPO market is expected to reach over USD 34.2 billion by 2022 according to a new report by Grand View Research Inc. Key drivers attributing to the growth are ObamaCare, shift to ICD-10 coding system, growing geriatric population, increasing disease burden and penetration of insurance coverage in emerging economies.

In 2013, as per estimates published by the America’s Health Insurance Plans (AHIP), which is the national trade association representing the health insurance industry, one-sixth of the U.S. economy or nearly USD 2.7 trillion is dedicated to healthcare spending and the number is expected to increase year on year. However, the healthcare system is not able to reap the benefits of such expenditure due to process inefficiencies and use of redundant systems. The estimated loss due to such inefficiencies is nearly 800 billion or approximately 20 to 30 percent of the overall expenditure.

Increasing healthcare expenditure is a major concern for the U.S. and all the other major economies. In order to reduce the economic burden and provide universal access to healthcare, governments are encouraging outsourcing of payer services to onshore or offshore locations.

The shift from ICD-9 coding system to ICD-10 coding has created huge work load for the payers to upgrade their systems, train their staff and has significantly increased the financial burden. The ICD-9 code system had 13,000 codes, where as the ICD-10 code system has nearly 68,000 codes. This shift from the legacy system to the latest system has significantly increased the need for medical coding, accounting, HR, and other technical professionals, thereby is expected to positively reinforce the healthcare payer BPO outsourcing market growth in the next seven years.

Full Research Report On healthcare payer BPO market Analysis: http://www.grandviewresearch.com/industry-analysis/healthcare-payer-bpo-market

Further key findings from the study suggest:

· In 2014, claims processing services accounted for the maximum share of approximately 55%. Key reasons attributed are growth in new member enrolments due to ObamaCare, increase in disease burden. For instance, as per data published by ObamaCare and CMS, in 2013 nearly 8 million people enrolled through the marketplace and nearly 11.7 million people were enrolled in 2015.

· However, Asia Pacific is expected to be the fastest growing market over the forecast period owing to high economic development in the region, favorable government initiatives and growth in insurance penetration across urban and rural centers. For instance, the Indian government’s initiatives such as Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana, are expected to benefit millions of people seeking life insurance and personal accident coverage and as consequence is expected to contribute to the healthcare payer BPO market expansion over the forecast period.

· Some key players operating in the market include, Xerox Corporation, Genpact Limited, Wipro Limited, Capgemini, Hinduja Global Solutions, HCL Technologies Ltd, Cognizant Technology Solutions, EXLService Holdings Inc., and Accenture. These players dominate the market owing to their strong product and service delivery portfolio, and presence of large customer base in the U.S and European markets.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the Healthcare payer BPO market on the basis of services and region:

Global Healthcare Payer BPO Services Outlook (USD Million, 2015 - 2022)

· Claims Processing Services

· Member Services

· HR Services

· Finance And Accounts

Healthcare Payer BPO Regional Outlook, (USD Million, 2015 - 2022)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o India

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-healthcare-payer-bpo-market

Protein Ingredient Market Size Is Projected To Reach A Valuation Of USD 28.90 Billion By 2020: Grand View Research, Inc.

The global proteiningredient market revenues are expected to reach USD 28.90 billion by 2020, growing at a CAGR of 6.5% from 2014 to 2020. Increasing market acceptance, especially in functional foods and dietary supplements is expected to drive protein ingredient demand over the next six years. Additionally, consumer attitude towards these products has undergone a transition over the last five years; this trend is expected to remain strong in the near future as consumers look for healthier and sustainable options.

Full Research Report On protein ingredient market Analysis:
http://www.grandviewresearch.com/industry-analysis/protein-ingredients-industry

Further Key findings from the study suggest:

· The global demand for protein ingredients was 3,186.7 kilo tons in 2013 and is expected to increase to 4,583.1 kilo tons by 2020, growing at a CAGR of 5.4% from 2014 to 2020.

· Plant proteins accounted for over 56% of global volumes in 2013, and are expected to continue dominating the market over the next six years, growing at an estimated CAGR of 6.3% from 2014 to 2020.

· Plant protein ingredients were dominated by soy based products, accounting for over 70% of global volumes in 2013. Global demand for soy protein concentrates is expected to reach 967.6 kilo tons in 2020, growing at an estimated CAGR of 6.3% from 2014 to 2020.

· Europe was the largest market for protein ingredients in 2013, accounting for 45% of the global consumption. Asia Pacific is expected to be the fastest growing regional market, with revenues is expected to reach USD 5.53 billion in 2020.

· The global market is highly concentrated with top four participants catering to over 70% of global demand. The market is dominated by integrated participants such as DuPont Solae, Bunge, ADM and Cargill.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

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

Soy protein ingredients Product Outlook (Volume, Kilo tons; Revenue, USD Million; 2012 - 2020)
• Soy Protein Concentrates
  • Soy Protein Isolates
  • Soy Protein Hydrolysates
  • Other Plant Proteins (Wheat, Rice, Potato)
  • Total
Soy protein ingredients Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2012 - 2020)
  • Foods & Beverages
  • Infant formulations
  • Personal care & cosmetics
  • Animal Feed
Dairy protein ingredients market Product Outlook (Volume, Kilo tons; Revenue, USD Million; 2012 - 2020)
  • Milk Protein Concentrates/Isolates
  • Whey Protein Concentrates
  • Whey Protein Hydrolysates
  • Whey Protein Isolates
  • Casein/Caseinates
Dairy protein ingredients Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2012 - 2020)
  • Foods & Beverages
  • Infant formulations
  • Personal care & cosmetics
  • Animal Feed

Regional coverage of the database includes:
  • North America
  • Europe
  • Asia-Pacific
  • RoW

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