Market Research News

Tuesday 17 July 2018

Solar Water Heaters Market size is predicted to be valued at USD 4.13 billion by 2025 : Grand View Research, Inc.

The global solar waterheaters market size is predicted to be valued at USD 4.13 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 8.1% during the forecast period. Rising demand for energy-efficient water heaters, coupled with increasing demand to reduce energy costs, is projected to augment market growth.

Solar energy is among the cleanest sources of energy available in the market. Rising awareness regarding the significance of energy conservation is predicted to augment the global market over the forecast period. Stringent regulations to substantially reduce rampant emission of greenhouse gases into the environment are projected to further boost business by 2025.

The residential segment of the solar water heaters market was worth USD 777.2 million in 2016 and is anticipated to reach USD 1,655.4 million over the forecast period. The segment comprises both large and small homes, township properties, and gated communities and households. In terms of revenue, the commercial segment is slated to register the highest revenue-based CAGR of 9.1% during the forecast period. This segment includes establishments such as educational institutions, recreational facilities, transport, and healthcare.

In terms of technology, the Evacuated Tube Collector (ETC) segment market accounted for 773.3 thousand units in 2016 and is expected to witness rapid growth by 2025. Economical pricing, improved capacity, and greater efficiency are anticipated to boost segment growth over the forecast period. In 2016, the Flat Plate Collector (FPC) segment held a 30.78% share in the global solar water heaters market revenue. High adoption of FPCs along with low manufacturing costs compared to existing technologies is predicted to support segment growth through 2025.

Full Research Report On solar water heaters market Analysis::
https://www.grandviewresearch.com/industry-analysis/solar-water-heaters-market

Further key findings from the report suggest:

· The U.S. solar water heaters market is predicted to witness a revenue-based CAGR of 3.5% by 2025. Favorable government regulations and economic and financial benefits offered by business owners to encourage adoption of these units will augment industry growth

· In terms of volume, the U.K. solar water heaters market accounted for 94.3 thousand units in 2016 and is expected to reach 126.2 thousand units over the forecast period. Residential consumers account for a larger share, owing to high prices of energy and strict pollution control norms

· The India solar water heaters market value is predicted to reach USD 218.1 million by 2025. This is among the most promising markets owing to large-scale initiatives by the government to systematically shift from non-renewable to renewable sources of energy to curb the ever-expanding carbon footprint.

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

Grand View Research has segmented the global solar water heaters market on the basis of technology, system, application, and region:

Solar Water Heaters Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

· ETC

· FPC

· UWC

Solar Water Heaters ApplicationTypeOutlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

· Residential

· Commercial

· Industrial

Solar Water Heaters SystemTypeOutlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

· Thermosyphon

· Pumped

Solar Water Heaters Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

· North America

o U.S.

o Canada

o Mexico

· Europe

o Germany

o Russia

o U.K.

o Spain

o Italy

o France

· Asia Pacific

o China

o Japan

o South Korea

o Australia

o India

· Central & South America

o Brazil

o Colombia

o Paraguay

· Middle East and Africa

o UAE

o Saudi Arabia

o South Africa

o Egypt

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-solar-water-heaters-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 10 July 2018

Stainless Steel Market Is Projected To Expand At USD 127.19 billion by 2024 : Grand View Research, Inc.

A report by Grand View Reserarch, Inc. indicates that the global stainless steel market is poised to rise to a valuation of USD 127.19 billion by 2024. Stainless steel is extensively used in various end-use industries such as electronics, transportation, building and construction, and industrial machinery owing to its inherent characteristics such as high tensile strength, resistance, and durability. High recycling rates in comparison to other alloys are likely to positively impact the growth of the market.

By volume, the market stood at 37.89 million tons in 2015. Improving socioeconomic conditions and rapid urbanization along with expanding middle-class population are estimated to provide an upthrust to the market. Increasing consumption in the food and beverages industry and household appliances manufacturing is expected to benefit market growth.

Full Research Report On Stainless Steel Market Analysis: https://www.grandviewresearch.com/industry-analysis/stainless-steel-market

Increasing focus on lightweight vehicles is anticipated to escalate the use of stainless steel in automobile manufacturing. Developed economies in Europe and North America are implementing regulations pertaining to vehicle emissions and fuel economy to curtail global warming. Such regulations are working in favor of the market. Growing investments in construction and infrastructure development are also projected to help the market gain tremendous traction.

Stainless steel finds wide application in the petrochemical and oil exploration and production industries. Burgeoning oil exploration and production activities worldwide to meet incessantly proliferating energy requirements are, therefore, stimulating market growth. Stainless steel is used in the production of heat exchangers, tanks, chemical tankers, pressure valves, process pipes, and cracking furnaces, which are commonly used in the petrochemical industry. In the oil exploration vertical, it is used in offshore platforms, LNG tankers, and sub-sea systems.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Rising use in water supply systems is likely to stoke the growth of the market. Corrosion-free nature of stainless steel makes it optimal for use in pipes for water supply as well storage. It offers a cost-effective solution for water management and does not generate impurity. Based on its high strength, durability, and other properties, several industrial organizations, including Indian Stainless Steel Development Association (ISSDA), are expected to increase its usage in pipe manufacturing.

On the flip side, protean prices of nickel can be a major roadblock for stainless steel manufacturers. However, widening scope of applications in construction, healthcare, renewable energy, and cryogenic industries is anticipated to open new avenues for manufacturers.

Advancements in techniques employed in the production of stainless steel can augur well for the market. For instance, in October 2017, researchers from Lawrence Livermore National Lab, in collaboration with teams from Georgia Tech University, Ames National Laboratory, and Oregon State University, developed a 3D printing technique for producing low-carbon stainless steel called 316L, which exhibits high-ductility and high-strength properties.

The global stainless steel market has been segmented on the basis of grade, product, application, and geography. Based on grade, the market has been classified into 200 series, 300 series, 400 series, and Duplex. The 300 series segment dominated the market in 2015, representing 40% of the overall volume. In terms of product, the market has been bifurcated into long and flat, with the latter accounting for a 70% share that year. Key applications include heavy industry, automotive, building and construction, and consumer goods. Automotive was at the forefront of the market in 2015, commanding 20% of the overall volume, with the building and construction segment posting the highest CAGR between 2016 and 2024.

From a geographical standpoint, the market has been divided into North America, China, Europe, Latin America, Middle East, and Asia Pacific. China is a key revenue contributor in the market and is estimated to register the fastest growth at a 5.9% CAGR during the forecast period. Flourishing automotive and construction sectors in the country can drive the market. The growth of Asia Pacific can be attributed to increasing utilization of stainless steel in the food & beverage processing industry in countries such as Indonesia and India.

By volume, the size of the market in North America was 3,000 kilo tons in 2015. Robust growth of the construction and consumer goods industries is contributing to the growth of the market. Spiraling uptake in oil and gas and heavy industries is also expected to supplement the growth of the regional market.

Some of the key companies operating in the global stainless steel market are Acerinox, POSCO, Aperam, Baosteel, and Outokumpu.

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

Protein Ingredients Market Is Projected To Expand At USD 48.77 billion by 2025 : Grand View Research, Inc.

According to a research report by Grand View Research, Inc., the global proteiningredients market is anticipated to reach USD 48.77 billion by 2025. The major growth driving factor for the market is strong scientific evidence supporting various health benefits of protein ingredients. Increased awareness among people about functional foods and dietary supplements is also a critical factor for market development.

Fluctuating prices of these ingredients may have an adverse effect on market expansion. Moreover, cost of soybean fluctuates constantly due to an imbalance in the demand and supply of grains, causing a rise in the production costs of protein ingredients. This is also likely to hamper the growth of this market. However, shifting preference of consumers toward healthy diet will continue to contribute to the increased demand for protein ingredients, as it has over the past few years. This can be attributed to an increasing number of consumers opting for sustainable and healthier food options.

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

Economic development along with increased consumer disposable income in various developing regions is also estimated to have a positive impact on industry growth. The worldwide demand for these ingredients was 4,500 kilo tons in 2015 and is predicted to reach 8,000 kilo ton by 2025 expanding at a CAGR of 6.2% from 2016 to 2025.

The global protein ingredients market is categorized as per application, type, and geography. On the basis of application, the market is segregated into personal care and cosmetics, infant formulations, foods and beverages, and animal feed. On the basis of type, the market is segmented into plant proteins, which includes textured soy protein, wheat, soy protein isolates/concentrates, pea, canola, and others and animal proteins, which includes casein/caseinates, milk protein concentrates/isolates, egg protein, whey protein concentrates/hydrolysates/isolates, and gelatin.

Recently, Carbery Group introduced its latest innovation, Optipep 4bars, from its hydrolyzed whey protein range. The new ingredient delivers a soft texture throughout its life span while enhancing nutritional profile. In addition, this ingredient offers fast absorption, which helps improve digestion.

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

Based on geography, the market is divided into Asia Pacific (APAC), North America, Latin America, Europe, and Middle East and Africa (MEA). North America was the biggest regional market and accounted for 35% of the overall market demand in 2015. This expansion can be attributed to growing health consciousness, along with rise in different applications such as cosmetics and food and beverages. The US market is likely to witness rapid growth as a result of increased consumption of cold cereals, energy bars, and other healthy snacks. In addition, advent of cholesterol-free beverages and food items containing low amounts of saturated fats is projected to boost demand during the next few years.

Europe was the second largest regional market in 2015 and held 30% of the worldwide consumption due to growth of the cosmetics and personal care industries in countries such as Germany, France, and U.K. The APAC region is predicted to exhibit the fastest growth in terms of revenue over the next eight years, registering a CAGR of 7% from 2016 to 2025. Rapid development of the cosmetics and healthcare industries in various developing countries such as South Korea and China is a key driving factor.

In addition, comparatively lower cost of labor and plant and animal protein production in APAC compared to developed regions are anticipated to contribute toward the region’s expansion. A lot of key manufacturers are trying to strengthen their presence in this region on account of easy availability of raw materials and low production costs. This is also expected to have a positive impact on the development of this region in the coming years.

Some of the prominent firms operating in the global protein ingredients market are Mead Johnson Nutrition; Bunge Ltd.; E. I. du Pont de Nemours and Company; The Archer Daniels Midland Company; and Cargill, Inc. This competitive market is characterized by joint ventures and mergers and acquisitions.

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

Artificial Lift Market Is Projected To Expand At A Healthy Growth Rate Of 26.5 billion by 2025 :Grand View Research, Inc.

The global artificial lift market is expected to reach USD 26.5 billion by 2025, according to a new report by Grand View Research, Inc. The industry is anticipated to gain traction owing to the increasing fossil fuel demand coupled with the rising number of mature reserves, which hold a high volume of crude oil. Furthermore, volatile oil prices are persuading oil companies to decrease the per barrel oil production cost, thereby driving the demand for EOR techniques, such as artificial lift systems, over the forecast period.

The robust demand for crude oil and natural gas has led to the depletion of onshore reserves. This has offered offshore deep-water opportunities for several companies, thus catapulting the artificial lift market size. Additionally, technological advancements have encouraged Exploration and Production (E&P) companies to increase the production of crude oil and natural gas in offshore reserves, which is anticipated to further propel demand over the coming years.

Lifting systems are used in offshore applications of deepwater gas lift wells and for subsea production to augment the productivity of wells. Thus, the rising deepwater oil production is anticipated to spur the market growth. Owing to rapid industrialization, conventional sources of oil & gas are depleting at the expense of future energy demands. This has forced companies to meet the end-user demand by focusing on unconventional gas resources. As such, unconventional gas production is considered to act as a key opportunity for players operating in the market.

The demand for energy is increasing globally. The escalating demand for primary energy in transportation, power generation, and household activities has led to increased oil & gas consumption in major economies across the globe. This has led the producers of oil & gas to dig deeper to meet the increasing energy demands, thus instigating the need for artificial lift. However, the fluctuating oil prices and impacted investments would affect market growth, owing to high equipment and capital costs.

Full Research Report On artificial lift market Analysis:

http://www.grandviewresearch.com/industry-analysis/artificial-lift-systems-market

Further key findings from the report suggest:

· The global artificial lift market exceeded USD 16 million in 2016 and is expected to grow at a CAGR of 5.7% from 2017 to 2025, which is primarily attributed to the increasing oil & gas production coupled with improving production efficiencies at mature fields.

· Electrical submersible pumps are anticipated to emerge as the largest product segment over the forecast period owing to the rising demand for oil worldwide and exploration of newer onshore as well as offshore reserves.

· The ever-rising population in Asia Pacific, particularly India and China, is anticipated to fuel the demand for oil & gas, which is further expected to instigate the adoption of artificial lift systems in this region.

· Key players such as GE Oil & Gas, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp., and Schlumberger Limited dominated the market in 2016 with their emphasis on expanding the market presence through mergers and acquisitions.

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

Grand View Research has segmented the global artificial lift market based on products and regions:

Artificial Lift Product Outlook (Revenue, USD Million; 2014 - 2025)

· Rod Lifts

· Electrical Submersible Pumps

· Progressive Cavity Pumps

· Gas Lift

· Hydraulic Pumps

· Others

Artificial Lift Regional Outlook (Revenue, USD Million; 2014 - 2025)

· North America

o U.S.

o Canada

· Europe

o UK

o Germany

o Russia

o Norway

· Asia Pacific

o China

o India

o Japan

o Indonesia

o Malaysia

· Latin America

o Brazil

o Mexico

· Middle East & Africa

o Saudi Arabia

o UAE

o Kuwait

o Iran

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

Optical Coating Market Is Estimated To Boost At USD 19.70 Billion By 2022 : Grand View Research, Inc.

The global Optical Coating Market is expected to reach USD 19.70 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for smartphones, tablets and high resolution displays is expected to drive growth over the forecast period.

Rising utilization of consumer electronics coupled with technological advancement in this area is expected to augment demand over the next seven years. Optical coatings are used on glass surfaces which are further used in host of applications. Growing concern regarding energy efficient buildings has led to increased use of optical coatings in architectural glass. As per the LEED standards for green buildings, optical coatings play an important role in reducing energy consumption through thermal insulation and results in effective cooling and reduced costs. Favorable regulatory policies around the globe are expected to propel product demand in architectural glass applications over the forecast period.

Full Research Report On Optical Coating Market Analysis: http://www.grandviewresearch.com/industry-analysis/optical-coatings-industry

Further key findings from the report suggest:

· Anti-reflective segment is expected to grow at a CAGR of over 10.0% from 2015 to 2022 in terms of volume. Declining prices of smartphones and tablets, coupled with emergence of new technologies in terms of improved user interface is expected to drive demand over the forecast period. Anti-reflective coatings are being widely used in optics and laser industry which is expected to further propel growth over the next seven years.

· Solar application is expected to witness significant development owing to increasing investment to set up power plants particularly in emerging economies across the globe. In addition, government policies including grant of incentives and subsidies to promote development of alternate energy sources is expected to increase product consumption over the forecast period.

· North America accounted for a share of over 30.0% of the global market in terms of revenue. Consumer demand for emerging technologies is expected to propel the market growth. Continuous innovation and rising spending in military & defense industry for applications including night vision cameras, beam attenuators and range finding is expected to augment growth.

· Europe is expected to witness significant growth owing to rising use of optical coatings in automobile displays, car windows and headlamps. In addition, increasing middle class population coupled with rising requirement of affordable cars is expected to propel product market over the forecast period.

· Newport Corporation is involved in manufacturing of precision optics, sub-micron positioning system, vibration isolation and laser systems. The company acquired ILX Lightwave Corporation for USD 9.3 million in 2012 which has helped to expand its capabilities in photonics measurement and test. Similarly, in March 2014, PPG industries acquired Comex, an architectural coatings manufacturer in order to strengthen its position in the Mexican market.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the global Optical Coating Market on the basis of product, application and region:

Global Optical Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

· Anti-reflective Coating

· Reflective Coating

· Filter Coating

· Conductive Coating

· Electrochromatic Coating

· Others

Global Optical Coating Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

· Consumer Electronics

· Solar

· Medical

· Architecture

· Aerospace & Defense

· Automotive

· Telecommunication

· Others

Global Optical Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

· North America

o U.S.

· Europe

o Germany

· Asia Pacific

o China

· Latin America

o Brazil

· Middle East & Africa

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

Dimer Acid Market Size Likely to Reach a Valuation of around USD 2.30 billion by 2024: Grand View Research, Inc.

The global dimer acid market is expected to reach USD 2.30 billion by 2024, according to a new report by Grand View Research, Inc. Growing consumption of polyamide resins in marine coatings is a major growth driving factor over the forecast period. Increasing oilfield chemicals demand which uses dimer acid as feedstock owing to rising drilling activities to meet excess energy demand is also expected to drive the demand growth.

Asia Pacific and Latin America are expected to witness brisk growth owing to increasing construction activities in the regions. Emerging economies such as China and India along with Southeast Asia have been witnessing significant construction spending due to urbanization and industrial growth.

The industry faces challenges in terms of raw material availability. The fatty acid production which is largely done through vegetable oils has been facing high demand from food & biofuels industries, therefore tightening its supply for production of dimer acid.

Another challenge market participants face is the low biodegradation rate of products made of these acids. Considering increasing importance for recyclability of materials, development of novel technologies to tackle the issue is crucial for development prospects.

Reactive polyamide resins segment was the dominant application accounted for over 40% of the overall volume in 2015. High demand for epoxy, marine and flooring coatings to drive the segment growth at a CAGR of 4.3% from 2016 to 2024.

Full Research Report On dimer acid market Analysis: http://www.grandviewresearch.com/industry-analysis/dimer-acid-market

Further key findings from the report suggest:

· Global dimer acid market demand was 467.4 kilo tons in 2015 and is expected to reach 671.7 kilo tons by 2024, growing at a CAGR of 4.0% from 2015 to 2024

· The nonreactive polyamide resin is expected to exhibit considerable growth accounting for over 40% of total market volume by 2024. The increasing use of nonreactive polyamide resins, which are based on dimers, for printing inks and paper coatings, is anticipated to boost application segment growth over the forecast period.

· Asia Pacific was the dominant regional market with demand share exceeding 38% in 2015. Economic growth coupled with increasing migration has resulted in increasing sustainable infrastructure needs thereby facilitating demand for dimer acid based reactive polyamide resins. Increasing compliance of producers with stringent EU regulations to positively impact demand in the Eurpoen market

· Some of the key players operating in global dimer acid market include BASF, Arizona Chemicals, Emery Oleochemicals, Aturex Group, Croda International, Anqing Hongyu Chemicals Co. Ltd., Florachem Corp., Nissan Chemical America Corp., Novepha Co. Ltd., Harima Chemicals and Oleon N.V.

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

Grand View Research has segmented the dimer acid market on the basis of application and region:

Global Dimer Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

· Nonreactive Polyamide Resins

· Polyamide Resins

· Oilfield Chemicals

· Others

Global Dimer Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

· North America

o U.S

· Europe

o Germany

o UK

· Asia Pacific

o India

o China

· Central & South America

· Middle East and Africa

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