Ionic Liquid Market is anticipated to attain around USD 62.3 Million by 2025: Grand view Research, Inc.

Global ionic liquids market revenue, by application, 2015 (USD Million)

The global ionic liquid market is expected to reach USD 62.3 million by 2025, according to a new report by Grand View Research, Inc. The growing demand for the solvent & catalysis application which requires these liquids due to properties such as low vapor pressure and VOC content has boosted the growth of this industry. The extraction and separation application is mainly influenced by biodegradability which is dependent on the presence of cations has led to the replacement of industrial solvents by ionic liquids, which in turn is expected to drive the industry over the next nine years.

There is a rise in the demand for the product, as these solvents comply with the environmental norms laid down by Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) which in turn is positively impacting the industry. Germany, United Kingdom and the rest of Europe are becoming increasingly attractive markets owing to increasing focus by governments on compliance with environmental norms in the region. The U.S. is expected to show high growth in the solvent & catalysis application on account of investments by big players in research and development initiatives.

The product is widely used in the bio-refinery and energy storage applications owing to their ability to provide water miscibility and viscosity control. The demand for the product is expected to witness rapid growth on account of bio-refinery and energy storage funding in the emerging countries such as China, India, and Japan.

Full Research Report On Ionic Liquid Market Analysis:http://www.grandviewresearch.com/industry-analysis/ionic-liquids-market

Further key findings from the report suggest:

·         The global Ionic liquid Market demand was over USD 20 million in 2015 and is expected to reach USD 62.3 million by 2025, recording a CAGR of 10.9% from 2016 to 2025

·          Solvents & catalysis is anticipated to be the fastest-growing application registering a CAGR of over 10% over the forecast period. The consistent demand generated in this application is expected to boost the growth of this industry

·         Extraction and separation held a significant share of over 20% in 2015. The industry is anticipated to grow at a CAGR of around 11% from 2016 to 2025. An upswing in the market has been observed owing to the growth in the emerging economies

·         North America accounted for a significant share of around 34% in 2015. The rapid development in the solvent & catalysis application in this region is considered to be the primary demand driver for the growth of the industry. The region is projected to witness the growth of over 8% from 2016 to 2025

·         The market is categorized by a large number of participants with key market share being collectively held by BASF, Evonik, Solvay and Chemour. There are also a large number of smaller local manufacturers catering to the domestic market.

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

Grand View Research has segmented the global Ionic liquid Market on the basis of application and region:

Global Ionic Liquids Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Solvents & Catalysts

·         Extractions & Separations

·         Bio-Refineries

·         Energy storage

·         Others

Global Ionic Liquids Region Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    Japan

o    India

·         Latin America

o    Brazil

·         Middle East and Africa

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

Microwave Oven Market is anticipated to attain around USD 259.1 Billion by 2022: Grand view Research, Inc.

The global microwave oven market size is anticipated to reach USD 12.70 billion by 2022, according to a new report by Grand View Research, Inc., rising at a CAGR of 2.8% during the forecast period. Improving standard of living of consumers, growing number of nuclear families, and increasing demand for frozen and ready-to-eat food are some of the key factors stimulating market growth.

Growing number of working women and preoccupied schedule of people in urban cities are likely to fuel the demand for ovens. A large part of new households comprises working singles who prefer to dine out rather than setting up their kitchen. This may be a drawback for the residential appliance market. However, this trend is estimated to boost the culture of quick service restaurants, cafes, and small eateries, which in turn will work in favor of the market.

Robust growth of the hospitality sector and rising catering contracts for large-scale functions, seminars, and other social gatherings are also expected to stir up the demand for commercial appliances over the forecast period. In case of the residential application segment, the most significant driver is the changing lifestyles and food consumption preferences of people, with more consumers shifting towards ready-to-eat and frozen food.

Macroeconomic factors such as growing population, rising disposable income of consumers, and increasing awareness of different cooking media such as microwave oven, grills, and barbeques are projected to impact the market positively.

Full Research Report On Microwave Oven Market Analysis:

https://www.grandviewresearch.com/industry-analysis/microwave-oven-market

Further key findings from the report suggest:

·         The convection segment is poised to account for half of the overall market value by 2022

·         The grill microwave oven market is anticipated to be valued at around USD 4.50 billion by 2022

·         In 2016, North America was the leading revenue contributor in the market, with a valuation of around USD 3.5 billion

·         The household application segment accounted for a larger revenue share in 2016 and is likely to expand at a CAGR of around 3.0% over the forecast period

·         The key players in the market include Robert Bosch GmbH, Haier Group Corporation, Hobart, Hamilton Beach, Middleby Corporation Company, Whirlpool Corporation, and Sharp Corporation.

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

Grand View Research has segmented the global microwave oven market into product, application, structure, and region.

Microwave Oven Product Outlook (Revenue, USD Billion, 2012 - 2022)

·         Convection

·         Grill

·         Solo

Microwave Oven Application Outlook (Revenue, USD Billion, 2012 - 2022)

·         Commercial

·         Household

Microwave Oven Structure Outlook (Revenue, USD Billion, 2012 - 2022)

·         Built-in

·         Counter top

Microwave Oven Regional Outlook (Revenue, USD Billion, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Rest of the World (RoW)

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

Automotive Transmission Market is anticipated to attain around USD 259.1 Million by 2024: Grand view Research, Inc.

Asia Pacific Automotive Transmission Market Revenue by Transmission Type, 2014 - 2024 (USD Million)

The global automotive transmission market size is expected to reach USD 259.1 million by 2024 according to a new report by Grand View Research, Inc. Increasing emission standards worldwide is one of the key reasons driving the growth of automotive transmission market. Gasoline engines emit toxic gasses and particles that are hazardous to the environment. Rising pollution and global warming effect has led to the implementation of various government regulation relating to vehicular emissions. Such guidelines have enforced the component suppliers to produce high-efficiency environment-friendly transmission systems for domestic and international markets.

Further, growing adoption for Automatic Manual Transmission (AMT) in the automotive industry is expected to fuel the demand over the forecast period. AMT is more efficient than other transmission systems and is easy to manufacture at low cost. Increasing adoption of AMT across compact cars segment is anticipated to grow further over the next few years.

Growing prominence for electrified transmissions among automotive manufacturers is expected to witness increasing penetration across regions including Europe and North America. Rising focus on hybrid vehicles and their positive impact on fuel economy and emissions in these regions will contribute to the adoption of the transmission systems.

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

Further key findings from the report suggest:

·         Automatic segment is anticipated to grow at CAGR of over 8.0% from 2016 to 2024. Advancements in the automotive industry and improvement in transmissions are leading to a shift towards automatic transmission segment. Automatic transmissions are easier to operate, efficient and accurate. Improvements in the function and fuel economy of automatic transmissions is essentially hampering the growth of manual transmission in the U.S.

·         Diesel fuel type segment is expected to witness substantial growth at a CAGR of over 7.6% from 2016 to 2024. Growing demand for diesel engines is due to the high compression ratio, which allows better efficiency compared to gasoline engines. Moreover, these engines are prominently used in the SUVs segment cars across the world.

·         Passenger cars segmented dominated the industry in 2015, which is expected to grow at a CAGR of nearly 8.0% over the forecast period. Rising demand for luxury vehicles with advanced features such as improved fuel economy and high efficiency owing to the rising disposable income of the countries such as India is anticipated to drive the demand. Off-road vehicle such as ATVs, Hummer vehicles, Monster trucks, Jeep vehicles and four-wheel drive systems are gaining popularity and is expected to drive the market over the next eight years.

·         Stringent guidelines across the globe are anticipated to regulate the automotive transmission market over the future. Asia Pacific dominated the industry in 2015 and is expected to remain the same by 2024. Increasing automotive sales especially in countries such as Japan, India, China and South Korea is projected to favorably impact the market over the forecast period.

·         Key industry participants include Aisin Seiki Co., Ltd., Allison Transmission Inc., BorgWarner Inc., Continental AG, Eaton Corporation PLC, Getrag, GKN PLC, Magna International Inc., Jatco Ltd., and ZF Friedrichshafen AG. Automotive manufacturers in the industry are investing immensely in its R&D operations to match the changing technological demands across the industry.

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

Grand View Research has segmented the global automotive transmission market on the basis of transmission type, fuel type, vehicle type and region:

Automotive Transmission Type Outlook (Revenue, USD Million, 2014 - 2024)

·         Manual

·         Automatic

Automotive Transmission Fuel Type Outlook (Revenue, USD Million, 2014 - 2024)

·         Gasoline

·         Diesel

·         Others

Automotive Transmission Vehicle Type Outlook (Revenue, USD Million, 2014 - 2024)

·         Passenger cars

·         LCVs

·         ICVs

·         HCVs

·         Off-road

·         Construction

·         Defense

·         Farm Tractors

Automotive Transmission Regional Outlook (USD Million, 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         RoW

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

Aerospace & Defense Materials Market Likely To Reach A Valuation Of Around USD 27.44 billion by 2025: Grand view Research, Inc.

The global aerospace & defense materials market size is estimated to reach USD 27.44 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.3% during the forecast period. Increasing demand for lightweight materials in order to reduce the weight and increase fuel efficiency of an aircraft is projected to boost market growth.

The aerospace & defense materials market exhibits low competitive rivalry due to limited number of players offering suitable products to aircraft manufacturers. Moreover, aircraft manufacturers prefer to enter in long-term supply agreements with reliable material suppliers, thereby further reducing the competitive rivalry.

Price of materials, such as aluminum, is influenced by growing exports of products from China. Furthermore, spiraling demand for aluminum due to dynamic growth of the building & construction industry in developing economies is poised to have a notable impact on prices.

Air Transport Association (ATA) introduced emission policy options in 2010 to reduce aircraft emissions in order to protect the environment. This has encouraged aircraft manufacturing companies to incorporate lightweight materials into structure to reduce overall weight and increase fuel efficiency.

Industry participants in North America and Europe are anticipated to face disruptive competition due to emerging players in Asia, especially China and Japan, which are offering comparatively low-cost material solutions. Material manufacturers are investing significantly in research & development to provide high strength and lightweight materials at competitive costs.

Full Research Report On aerospace & defense materials market Analysis:
https://www.grandviewresearch.com/industry-analysis/aerospace-defense-materials-market

Further key findings from the report suggest:

·         Composites are likely to register the highest growth of 4.2% from 2018 to 2025, owing to their superior characteristics such as lightweight, high strength, and ability to withstand impact

·         Commercial aircraft is expected to be valued at USD 16.20 billion by 2025, owing to increasing demand from developing economies coupled with rising use of alloys and composites in aircraft construction

·         Aero structure was the largest aircraft part segment in terms of revenue in 2017. It is estimated to witness a noteworthy CAGR of 4.9% over the forecast period owing to growing use of composites by manufacturers

·         North America was the leading revenue contributor in the market, representing more than 50.0% in 2017, owing to presence of major aircraft and component manufacturers in the region

·         Major companies in the market focus on mergers & acquisitions in order to expand their business and technological capabilities. Hexcel Corporation acquired aerospace & defense business of Oxford Performance Materials in December 2017 in order to expand its portfolio in additive manufacturing for aerospace & defense component manufacturing

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

Grand View Research has segmented the global aerospace & defense materials market on the basis of product, aircraft part, aircraft type, and region:

Aerospace & Defense Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Aluminum

·         Titanium

·         Composites

·         Superalloys

·         Steel

·         Plastics

·         Others

Aerospace & Defense Materials Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Aero structure

·         Components

·         Cabin Interiors

·         Propulsion System

·         Equipment, System, & Support

·         Satellites

·         Construction & Insulation Components

Aerospace & Defense Materials Aircraft Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Commercial

·         Business & General Aviation

·         Military

·         Others

Aerospace & Defense Materials Regional Outlook (Volume, Kilotons; Revenue; USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    U.K.

o    France

o    Italy

o    Czech Republic

·         Asia Pacific

o    China

o    Japan

o    Australia

·         Rest of the World

o    Brazil

o    South Africa

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