Wednesday, 26 December 2018

Furandicarboxylic Acid Market Holds Growth of USD 498.2 Million By 2020


San Francisco, 26 December 2018, The estimated market potential for FDCA is expected to reach USD 498.2 million by 2020, according to a new study by Grand View Research, Inc. Avantium’s FDCA production facility is expected to come online by in 2016 - 17 with annual capacity reaching 50 kilo tons by 2017. FDCA is expected to have great potential as a replacement to other petroleum based chemicals such as adipic acid, terephthalic acid and bisphenol A. The addressable market for FDCA as of 2013 was in excess of 50 million tons with PET and PBT being the largest applications.
The market potential for FDCA is expected to reach 498.15 kilo tons by 2020, growing at a exponential CAGR of 367.0% from 2014 to 2020, owing to the projected commercial production of FDCA by Avantium in 2016 using bio feed stock. The market for FDCA in 2013 was 40 tons with production on order basis primarily for scientific applications.
Access Full Research Report On Furandicarboxylic Acid (FDCA) Market Analysis:

Further Key findings from the study suggest:
·         Post commercialization, PET is expected to be the largest application segment for FDCA accounting for 64% of the global market in 2020. The growing demand for packaging material coupled with the need for bio based products is expected to greatly boost the demand for FDCA.
·         Polyamides are expected to be the second largest application segment in 2020 with a potential market for 80,000 tons. FDCA has the potential to replace adipic acid and its bio based alternative considering economic production by 2020.
·         A limited number of companies manufactured and supplied FDCA as of 2013 and primarily for scientific purpose. Avantium is expected to begin construction of its first commercial FDCA plant with 50 kilo ton capacity in 2015 and is expected to begin production by 2017.
·         Avantium has been a key participant inFDCA technology development, with partnerships and alliances with key application clients including The Coca-Cola Company, Danone, Teijin, Solvay and Rhodia.
Browse More Reports Of This Category By Grand View Research At:   www.grandviewresearch.com/industry/renewable-chemicals
For the purpose of this study, Grand View Research has segmented the global FDCA market on the basis of application:
    • FDCA Potential Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • PET
            • Polyamides
            • Polycarbonates
            • Plasticizers
            • Polyester Polyols
            • Others


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



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Cooling Towers Market Expected To Trigger A Revenue Increase To USD 4.85 Billion By 2025:Key Participant SPX Corporation, Evapco


San Francisco, 26 December 2018, Cooling Towers Market Analysis By Type (Open-Circuit, Closed-Circuit, Hybrid), By Material (FRP, Concrete, Steel, Wood, HDPE), By Application, By Region, And Segment Forecasts, 2018 – 2025

The global cooling towers market is expected to reach USD 4.85 billion by 2025, according to a new report conducted by Grand View Research, Inc. Cooling towers are used in power plants, particularly in thermoelectric power plants, to remove excess heat from the plant. With the rising global demand for electricity, the number of power plants is also expected to increase, thereby driving growth of this market.
Furthermore, a tremendous rise in the number of construction activities across the residential and commercial sectors in developing countries is expected to boost the demand for this product. Additionally, rapid global industrialization is also a key driver expected to favorably impact the cooling towers market growth over the forecast period.
Technological advancements \ are expected to provide improved cooling capacity, minimum components, improved installation & energy savings, and low maintenance cost, which is further anticipated to escalate market growth in the near future. Moreover, stringent government regulations relating to the use of cooling towers across different regions is also expected to positively impact market growth.
However, environmental concerns related to cooling towers such as plume, drift, and water contamination are anticipated to moderately hamper the market demand. Nevertheless, the emergence of plume abated towers and drift eliminators is expected to overcome these environmental concerns and drive market growth in the near future.
Energy-efficient towers provide optimal cooling while exhibiting eco-friendly properties. These facilitate in water conservation, provide high-efficiency motors in order to cut down on the operating cost, and reduce environmental concerns. These environmental benefits are also expected to drive the demand for the product.
HVAC systems are generally implemented in commercial spaces, large offices, and shopping malls. Cooling towers are a mandatory component of an HVAC system, which is used to remove excess heat from the building. The increasing rate of urbanization and enhanced standard of living are expected to lead to the large-scale implementation of HVAC systems, thereby driving the market growth globally.
Access Full Research Report On Cooling Towers Market Analysis:

Further key findings from the report suggest:
·         The closed-circuit type segment captured over 30% of the total revenue in 2016; however, hybrid type is anticipated to exhibit a substantial growth at a CAGR exceeding 4% from 2017 to 2025. This growth is attributed to their increasing adoption across various end-use industries.
·         The Fiber-Reinforced Plastic (FRP) material segment accounted for over 20% of the total market share in 2016. However,High-Density Polyethylene (HDPE) material segment is projected to register a significant CAGR exceeding 5.0% from 2017 to 2025, owing to various benefits including high corrosion resistance, low maintenance cost, and long service life.
·         Cooling towers have a wide scope for application in HVAC equipment and power plants due to their ability to remove excess heat. As a result, the HVAC segment is anticipated to capture a sizeable market share over the forecast period.
·         Asia Pacific has emerged as the fastest growing market and is expected to witness a healthy CAGR of over 5.0%, which is primarily accredited to the rapid industrialization in this region.
·         Key players in this industry include SPX Corporation, Evapco, Hamon & CIE International SA, Paharpur Cooling Towers, B&W SPIG (Babcock & Wilcox), Enexio, and Baltimore Aircoil Company.
Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand View Research has segmented the cooling towers market on the basis of types, materials, applications, and regions:
Cooling Towers Type Outlook (Revenue, USD Million; 2014 - 2025)
·         Open-Circuit
·         Closed-Circuit
·         Hybrid
Cooling Towers Material Outlook (Revenue, USD Million; 2014 - 2025)
·         FRP
·         Steel
·         Concrete
·         Wood
·         HDPE
Cooling Towers Application Outlook (Revenue, USD Million; 2014 - 2025)
·         HVAC
·         Power Generation
·         Oil & Gas
·         Industrial
Cooling Towers Regional Outlook (Revenue, USD Million; 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
o    France
·         Asia Pacific
o    China
o    India
o    Japan
·         Latin America
o    Brazil
o    Mexico
·         Middle East & Africa

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/


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Beverage Cans Market Expected To Trigger A Revenue Increase To USD 60.92 Billion By 2024:Key Participant Orora Packaging Australia Pty Ltd.


San Francisco, 26 December 2018,  Beverage Cans Market Analysis By Product (Aluminum, Steel), By Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit & Vegetable Juices), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Segment Forecasts, 2018 – 2024
The global beverage cans market size is expected to reach USD 60.92 billion by 2024, according to a new report by Grand View Research, Inc. owing to increasing demand for compact beverage packaging solutions.
Increasing demand for energy drinks and canned cold coffee and iced tea in Europe and Latin America is expected to drive growth over the forecast period. Increasing consumption of canned beverages in major sports tournaments such as Major League Baseball, Barclays Premier League and La Liga owing to increased convenience in handling the beverage is expected to propel the demand for beverage cans over the forecast period.
Increasing demand for carbonated soft drinks and other flavored soda drinks in North America is expected to positively influence the demand for metal cans over the forecast period. In addition, the growth is expected to be driven by extensive promotional programs undertaken by soft drink manufacturers such as Coca-Cola is expected to have a positive impact on market growth.
Access Full Research Report On Beverage Cans Market  Analysis:
www.grandviewresearch.com/industry-analysis/beverage-cans-market

Further key findings from the report suggest
·         Carbonated soft drinks application segment is expected to witness the highest growth of over 5% from 2016 to 2024 owing to growing demand for the aerated drinks in developing economies such as India, Mexico, and Thailand
·         High demand for beverage cans in the distribution of fruits & vegetable juices is expected to have a positive impact on growth. Rise in consumption of packaged fruit juices owing to consumers leading a healthier lifestyle is expected to propel demand.
·         Europe beverage cans market, was valued at more than USD 9 billion in 2015 which is expected to grow at a CAGR of over 4% from 2016 to 2024 owing to increased recycling activities undertaken by the regulatory bodies including European Commission and national governments of France, Germany, and UK
·         Asia Pacific is expected to register a CAGR growth of over 5% from 2016 to 2024 owing to increased demand for carbonated soft drinks, energy drinks and sports drinks owing to increasing disposable income in the developing economies such as China, India, and Indonesia
·         The major players in the industry adopt mergers and acquisitions as a key strategy for increasing the market presence. Crown Holdings Inc. acquired EMPAQUE; a leading aluminum can manufacturer in Mexico to expand its market share in the region.
Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/food-safety-and-processing
Grand View Research has segmented the global beverage cans market on the basis of product, application and region:
Product Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)
·         Aluminum
·         Steel
Application Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)
·         Carbonated Soft Drinks
·         Alcoholic Beverages
·         Fruit & Vegetable Juices
·         Others
Regional Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    France
o    UK
o    Russia
o    Spain
·         Asia Pacific
o    China
o    India
o    Australia
·         Latin America
o    Brazil
·         Middle East & Africa
o    South Africa


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/





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