Polytetrafluoroethylene Market Worth USD 6,440.0 Million By 2020 | Key Industry Players DuPont, Daikin

The global PTFE Market is expected to reach USD 6,440.0 million by 2020, growing at a CAGR of 8.1% from 2013 to 2020, according to new market research report recently published by Grand View Research, which also estimates global PTFE consumption to reach 524.1 kilo tons by 2020.

The growing market for non-stick cookware, which uses PTFE, widely in Dupont’s Teflon form is expected to continue to be a stable growth avenue for market participants. Additionally, a surge in coating demand for wires and cables and the global trend in automotive weight reduction is also expected to provide multiple growth avenues to the PTFE industry. Volatile fluorspar supply and environmental concerns regarding Perfluorooctanoic acid (PFOA) content are expected to be roadblocks for PTFE manufacturers over the next six years.

Full Research Report On PTFE Market Analysis:

www.grandviewresearch.com/industry-analysis/Polytetrafluoroethylene-Industry

Further Key findings from the study suggest:

·         Granular PTFE dominated the product market, accounting for over 32% of global volumes in 2012, sales were strongest in Asia Pacific, with consumption expected to reach 67.2 kilo tons in 2020, growing at a CAGR of over 10% from 2013 to 2020

·         Powdered PTFE, both in micro-powder and fine-powder form accounted for over 43% of global volumes in 2012. Powdered PTFE is commonly used in aerospace, automotive, wire coatings and textile membranes

·         Automotive applications, majorly in equipment manufacturing, dominated PTFE demand in 2012, accounting for close to 28% of global volumes in 2012. Asia Pacific PTFE sales for automotive equipments are expected to reach USD 614.4 million by 2020, growing at a CAGR of over 8% from 2013 to 2020

·         Industrial and electronic applications together accounted for over 48% of global PTFE volumes in 2012

·         Asia Pacific is expected to maintain market dominant position, and is expected to account for over 37% of global PTFE consumption by 2020. North America PTFE demand was estimated to be 76.8 kilo tons in 2012 and is expected to reach 155.7 kilo tons by 2020, growing at a CAGR of 9.3% from 2013 to 2020

·         The global market is highly concentrated, with top four participants accounting for over 65% of total sales in 2012. DuPont, Daikin, Solvay, 3M and Arkema are key participants in the PTFE industry, accounting for over 70% of the global production capacity in 2012

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The global PTFE market has been broken down in to the following segments:                                  

PTFE Application Outlook                    

·         Industrial Processing

·         Electronics    

·         Automotive & Transportation           

·         Others (Cookware, Construction, Textiles etc.)                       

PTFE Product Outlook              

·         Granular        

·         Micro-powder

·         Fine-powder  

·         Others (Dispersion, Liquid, etc.)             

PTFE Regional Outlook             

·         North America           

·         Europe           

·         Asia Pacific   

·         RoW  

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

Marine Propulsion Engines Market Worth USD 10.95 Billion By 2020 | Key Industry Players Aegean, BP

San Francisco, 21 September 2018 , The Global MarinePropulsion Engines Market is expected to reach USD 10.95 billion by 2020, according to a new study by Grand View Research, Inc. Significant modernization in marine propulsion as a direct consequence of increased demand for operationally dependable and financially efficient ships is expected to drive the marine propulsion engines market. The shipping industry has started to focus more on reducing fossil fuel consumption by developing electric motors which also help increase energy efficiency.

The market is expected to be hindered by regulations of the International Convention for the Prevention of Pollution from Ships (MARPOL), which apply principally to the protection of the marine environment and prevention of contamination by oil, chemical spills, sewage, marine species, and air pollution by engine exhaust gases. With the advancement in technology and increasing awareness pertaining to environmental conservation, development of propulsion systems that run on alternate fuels and with minimal emissions has garnered special importance.

Although wind and solar energy have gained prominence as auxiliary propulsion sources in the marine propulsion engines market, they are inadequate to suffice the power requirements for primary propulsion purposes.

Full Research Report On Marine Propulsion Engines Market Analysis:
www.grandviewresearch.com/industry-analysis/marine-propulsion-engines-market

Further key findings from the study suggest:

·         High reliability and easy operability have resulted in diesel engines being the most extensively used to meet the primary as well as auxiliary ship propulsion needs in the marine industry. Presence of well-established spare part and repair networks globally coupled with availability of trained engineers and established training facilities has further driven the diesel marine propulsion engines demand.

·         Depleting conventional and shale gas reserves have led to the increase in the demand for liquefied natural gas (LNG) as a marine fuel which involve dual fuel diesel (DFD) engines as prime movers. Wind energy and solar energy have gained prominence as auxiliary power generating sources as they do not emit harmful pollutants. Although steam turbine systems were traditionally used as prime movers, they have been increasingly substituted by diesel and dual fuel diesel (DFD) engines. Steam marine propulsion engines are still used in niche applications such as coal carriers and LNG carriers.

·         Asia Pacific accounted for a substantial share of the overall marine propulsion engines market revenue in 2013, which can be attributed to significant investments by countries in the Far East such as China and South Korea. North America is among the highest adopters of LNG as a propulsion medium.

·         Leading marine propulsion engines manufacturers such as Wärtsilä, Rolls-Royce, MAN Diesel, Caterpillar, and Cummins adopt global multi-sourcing strategies to explore alternative sources of supply. Marine propulsion engines manufacturers have dedicated professional sales staff having expertise in the company’s entire product lines for identifying specific and tailored solutions. The marine propulsion engines market is characterized by frequent mergers and acquisitions in a bid to achieve competitive advantage.

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For the purpose of this study, Grand View Research has segmented the global marine propulsion engines market on the basis of product and region:

Marine Propulsion Engines Product Outlook (Revenue, USD Million, 2012 - 2020)

·         Diesel Propulsion

·         Wind & Solar Propulsion

·         Gas Turbine Propulsion

·         Fuel Cell Propulsion

·         Steam Turbine Propulsion

·         Natural Gas

·         Others

Marine Propulsion Engines Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         EMEA

·         Asia Pacific

·         RoW

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-marine-propulsion-engines-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

Middle East Distribution Panel Market Worth USD 2.01 Billion By 2022 | Key Industry Players ABB Ltd., Abunayyan Holding

San Francisco, 21 September 2018, The Middle East distribution panel market size is expected to reach USD 2.01 billion by 2022, according to a new study by Grand View Research, Inc.

Distribution panels constitute an insulated board or box containing circuit breakers, from which connections are made between the main feeder lines and branch lines. Widespread usage of such boards in telecommunication, servers, generators, alternative power, and medical industry applications is expected to escalate industry growth over the next few years.

Technological advancements incorporating several features in distribution panels that tend to reduce installation complexities and energy imports have led to increased self-sustainability. Additionally, high level of engineering innovation has resulted in better designs and significant benefits, simplifying wiring and reducing material requirements. These latest designs also meet shorter lead time requirements.

Such electrical devices which offer benefits such as efficient power supply while providing protective circuit breakers, have created avenues for industry growth. Smart distribution panels’ development promotes high penetration of renewable resources and dynamic islanding, which may also spur demand significantly over the forecast period. 

Full Research Report On Middle East distribution panel market Analysis:
www.grandviewresearch.com/industry-analysis/middle-east-distribution-panel-market

Further key findings from the study suggest:

·         The standalone panel segment is estimated to grow at a CAGR of over 5% during the next seven years. Standalone boards are extensively used in urban areas while pole-mounted distribution boards find applications in electrical T&D in remote and rural areas.

·         Capacity segment comprises low, medium, and high voltage distribution boards. Medium voltage boards contributed to over 40% of the overall revenue share in 2014, which can be attributed to their increased use in the domestic sector. High-voltage boards also captured a considerable portion of the market owing to their growing applicability in commercial applications such as shopping malls and airports.

·         Saudi Arabia is expected to grow at a CAGR of over 6% during the forecast period on account of increasing electrical T&D activities across the region. Qatar is expected to grow significantly over the next seven years on account of increasing commercialization and businesses in the region. Rising demand for improved quality and reliability of energy supply coupled with optimum management of power grids is expected to increase demand for such T&D panels in the region.

·         Key industry participants include ABB Ltd., Abunayyan Holding, Ba`amer Electric, EAMFCO, Hager, Legrand, National for Electrical Panel Boards, Riyadh Factory for Panel Boards, and Schneider Electric SA. Vendors offer enhanced and differentiated products in order to gain a competitive advantage over other industry players.

·         Companies are focused on their regional expansion strategies and are undertaking mergers and acquisitions to gain momentum in the market. For instance, in June 2015, French electrical equipment major, Legrand announced acquisition of Raritan, which specializes in data center and electrical infrastructure solutions and thus added Raritan’s intelligent power and KVM businesses into its core activities.

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www.grandviewresearch.com/industry/construction-and-utilities

Grand View Research has segmented the Middle East distribution panels market on the basis of product, capacity and region:

Middle East Distribution Panel Product Outlook (Revenue, USD Million, 2012 - 2022)

·         Standalone

·         Pole-Mounted Transformers

Middle East Distribution Panel Capacity Outlook (Revenue, USD Million, 2012 - 2022)

·         Low voltage

·         Medium voltage

·         High voltage

Middle East Distribution Panel Regional Outlook (Revenue, USD Million, 2012 - 2022)

·         KSA

·         Qatar

·         UAE

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/middle-east-distribution-panel-market-analysis

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

After Sun Care Products Market Worth USD 2.81 billion by 2025 | Key Industry Players Unilever Plc, Procter & Gamble

San Francisco, 21 September 2018,The global aftersun care products market size is estimated to reach USD 2.81 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.1% during the forecast period. Rising product penetration in personal and skin care applications globally is likely to act as a key growth stimulant over the forecast period.

Growing awareness regarding importance of sun care products and post UV exposure products for complete skin repair is one of the key factors influencing the demand for after sun products across the globe.

Lotion dominated the product market, mainly on account of multiple benefits offered and versatility of the product. Lotions are available for all skin types, climatic conditions, consumer preferences, and most importantly, at reasonable prices.Gel-based products and sprays are gaining popularity among seasonal users on account of ease of handling, application and reapplication, and better absorption by the skin.

The global after sun care products industry is anticipated to witness the highest revenue growth in Asia Pacific, at a CAGR of 4.3% over the forecast years. Major industry players, including L’Oréal SAS, Beiersdorf AG, Clarins Group, Lancaster Group, and Unilver Plc, are engaged in manufacture, marketing, packaging, and distribution of after sun care products, globally.

Full Research Report On after sun care products market Analysis:
www.grandviewresearch.com/industry-analysis/after-sun-care-products-market

Further key findings from the report suggest:

·         The after sun care products market recorded valuation of USD 2.23 million in 2017 and is projected to rise at a CAGR of 3.1% over the forecast period. Growing product popularity among youth population across the globe is poised to benefit the overall growth

·         After sun cream market was valued at USD 516.9 million in 2017 and is expected to witness steady growth over the forecast period, on account of burgeoning demand for light oil-based skin repair cream for face & body for deep nourishment and healing of sun burnt skin

·         The after sun gel segment is estimated to post a CAGR of 3.3% from 2018 to 2025. Widespread use of aloe-vera based gel formulation for instant relief from skin irritation and skin soothing & hydration are key factors driving product demand

·         Europe dominated the global market for after sun care products in terms of revenue. The region was valued at USD 666.6 million in 2017 and is projected to witness significant growth in the near future on account of rising incidence of skin cancer and other skin disorders in the U.K., France, Belgium, and the Netherlands, among others.

·         Some of the key strategies adopted by industry participants are mergers & acquisitions and integration across the value chain in order to strengthen their product portfolios and global distribution networks.

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Grand View Research has segmented the global after sun care products market on the basis of product and region:

After Sun Care Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Cream

·         Gel

·         Lotion

·         Powder

·         Spray

·         Others

After Sun Care Products Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S

o    Canada

o    Mexico

·         Europe

o    U.K.

o    Germany

o    France

o    Italy

o    Spain

o    Rest of Europe

·         Asia Pacific

o    China

o    India

o    Japan

o    Indonesia

o    Malaysia

o    Singapore

o    South Korea

o    Rest of Asia Pacific

·         Central & South America

o    Brazil

o    Rest of Central & South America

·         Middle East & Africa

o    South Africa

o    UAE

o    Qatar

o    Saudi Arabia

o    Rest of Middle East & Africa

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-after-sun-care-products-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