North America RPE Market Size, Trends, Growth, Share, Opportunities and Forecast by 2026

The North America Respiratory Protective Equipment (RPE) market size is expected to reach USD 2.86 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.9% over the forecast period. The industry is anticipated to witness growth owing to the stringent regulations and guidelines for employee safety, by various regulatory bodies such as Occupational Safety and Health Administration (OSHA) and Centers for Disease Control and Prevention (CDC).

Increasing incidence of occupational illness and deaths in industries coupled with rapid outbreak of diseases urge various health regulatory bodies to adopt necessary measures for preventing further occurrences. The penetration of RPE for protecting employees against vapors, inhaling hazardous gases, chemical agents, particulates, radiological particles, and biological contaminants is projected to drive the product demand.

Growing importance of raw materials offering features, such as lightweight, comfort, higher heat resistance, and low breathing resistance has been a significant incentive for companies to conduct extensive R&D. These initiatives are primarily aimed at achieving the multi-functionality of protective clothing by adding innovative add-ons to the existing equipment.

Technological advancements and growing concerns about employee health and safety are anticipated to provide lucrative opportunities to market participants over the next few years. Product innovation for enhancing the shelf-life of respiratory protective equipment is further estimated to positively drive the North America Respiratory Protective Equipment (RPE) market over the projected period.

To request a sample copy or view summary of this report, click the link below: 
www.grandviewresearch.com/industry-analysis/north-america-respiratory-protective-equipment-rpe-market

Further key findings from the report suggest:

• Air-purified Respirators (APR) accounted for 61.4% of market share in terms of revenue in 2017 owing to growing demand for powered, unpowered, and escape respirators in U.S. and Canada
• In Mexico, demand for escape respirators is expected to be USD 12.2 million by 2026 as these masks are increasingly being used for protection against Chemical, Biological, Radiological, and Nuclear (CBRN) warfare agents
• In Canada, demand for airline respirators is expected to witness significant CAGR of 7.1% during the forecast period as they provide respiratory protection for longer durations which aids its application in industrial applications
• APR in the fire services industry in Mexico is expected to expand at a CAGR of 8.7% over the forecast period as APRs offer protection to the firefighters from different toxic and carcinogenic compounds
• Major companies involved in the North America Respiratory Protective Equipment (RPE) market include 3M, DuPont, Avon Rubber plc, Alpha Pro-Tech, Ansell, Bullard, VF Imagewear (Bulwark), Delta Plus, ILC Dover, and Kimberley Clark Corporation

Grand View Research has segmented the North America Respiratory Protective Equipment (RPE) market on the basis of product and end-use:

North America Respiratory Protective Equipment (RPE) Product Outlook (Revenue, USD Million, 2014 - 2026)

• Air Purifier Respirator
  • Unpowered Respirators
    • Disposable Filtered Mask
    • Half Mask
    • Full Face Mask
  • Powered Respirators
    • Half Mask
    • Full Face Mask
    • Helmets, hoods & visors
  • Escape Respirators
• Supplied Air Respirator

Smart Card Materials Market Growth Analysis | Global Industry Report 2025

The global smart card materials market size is expected to reach USD 1.29 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 3.7% during the forecast period. Increasing demand for secure and reliable payment transactions is one of the primary growth stimulants for the market. In addition, cost saving schemes for merchants of payment brands and growing inclinations towards cashless payments are further stimulating the growth of the market.

Several materials, such as polyvinyl chloride (PVC), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polyethylene terephthalate glycol (PETG), paper, PVC & ABS blends, holographic foil, teslin, and biopolymers such as polylactic acid (PLA), are used for manufacture of card body. In early days, the smart card industry used paper as one of the preferred materials for production. However, in the past few years, plastic materials have almost made paper materials obsolete.

Significant technological advancements, IT revolution, e-governance, and digitization happening across the world are leading to an increase in adoption of smart cards in various end-use sectors. These sectors include banking, financial services and insurance (BFSI), healthcare, government, retail, telecommunication, and hospitality. A broad range of smart cards, including membership cards, government ID cards, gift cards, loyalty cards, access cards, and debit/credit cards, is used in the aforementioned sectors.

Several factors such as personalization, selection of material, operational accuracy, data integrity, easy implementation, and top-level security are taken into consideration while manufacturing smart cards in order to fulfill requirements of end users. Manufacturing of smart cards can be distinguished based on application and technical/physical properties required.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/smart-card-materials-market

Further key findings from the report suggest:

• Polycarbonate is projected to emerge as the fastest growing material segment and is expected to register a CAGR of 4.4% between 2018 and 2025
• The polyvinyl carbonate (PVC) segment will continue to be the largest material segment over the forecast period
• The Asia Pacific market is projected to experience the fastest growth over the same period owing to rising demand from various application sectors, especially from telecommunication and BFSI.
• Key players include SK Chemicals, KEM One, SABIC Innovative Plastics, 3A Composites GmbH, LG Chemicals, and Formosa Plastics Group.

Grand View Research has segmented the global smart card materials market on the basis of material, type, application, and region:

Smart Card Material Outlook (Revenue, USD Million; 2014 - 2025)

• Polyvinyl Chloride (PVC)
• Polycarbonate (PC)
• Acrylonitrile Butadiene Styrene (ABS)
• Polyethylene Terephthalate-Glycol (PETG)
• Others

Smart Card Materials Type Outlook (Revenue, USD Million, 2014 - 2025)

• Contact Cards
• Contactless Cards
• Multi-Component Cards

Air Pollution Control Systems Market Growth, Share | Global Industry Report 2025

The global air pollution control systems market size is expected to be valued at USD 98.17 billion by 2025, per a new report by Grand View Research, Inc., registering a 5.0% CAGR during the forecast period. Rampant gas emissions from mining and construction sectors is projected to boost market growth.

Increasing adoption of air pollution control systems, rising awareness towards the importance of ecological conservation, and ongoing efforts to promote adoption of renewable fuels over fossil fuels is predicted to boost the global market. Numerous countries are announcing strict regulations to substantially reduce rampant use of fossil fuels that result in extensive emissions harmful gases and particulate matter.

Polluted air contains harmful substances in high concentrations and this can have undesirable effects on the ecology. Adverse effects include damage to human health, flora and fauna, and the environment at large. The eco system is vulnerable to pollution from natural sources and human activities. Combustion processes are among the largest originators of air contaminants, and industries that need combustion at the core of their processes are said to be major contributors to air pollution.

Scrubbers, both gas and chemical ones, are commonly used air pollution control equipment. Catalytic converters are air pollution control systems that convert hazardous pollutants and gases emitted by industrial exhausts into non-hazardous particulate matter by enabling a redox reaction, where there is a reduction and an oxidation reaction.

Chemical industries are some of the most prominent users of air pollution control systems.These include manufacturers of basic chemicals, specialty chemicals, consumer chemicals, and niche chemicals.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/air-pollution-control-systems-market

Further key findings from the report suggest:

• The U.S. air pollution control systems market is predicted to exhibit a CAGR of 3.9% over the forecast period. Beneficial government regulations, coupled with economic and financial benefits offered for controlling the pollution, are expected to encourage industry growth in the regional market
• The U.K. market was valued at USD 3.6 billion in 2017. The Department for Environment, Food, and Rural Affairs (DEFRA) is entrusted with the responsibility of regulating and monitoring levels of particulate matter and other harmful gases in the air. According to a 2017 report by the Royal College of Physicians and the Lancet Countdown on Health and Climate Change, 44 cities in the country have reported air quality below the recommended World Health Organization guidelines
• China is among the largest markets in the Asia Pacific region, owing to growing industrial and mining activities in the region. In 2016, the country’s Ministry of Environmental Protection stated that 84 out of 338 prefecture-level cities had accomplished the national air quality standard.

Corrosion Resistant Resin Market Share, Opportunities and Forecast by 2025: Grand View Research, Inc.

The global corrosion resistant resin market is expected to reach USD 11.50 billion by 2025, according to a new report by Grand View Research, Inc. The modernization of construction industry is a huge development figure, which is driving the overall market advancement of corrosion resistant resins. Corrosion resistant resins are utilized as a part of end-use industries, for instance, in chemical processing, marine, car, oil and gas, and others. Therefore, the increasing use of corrosion resistant resins in the end-use industry is positively affecting the market. The preference for corrosion resistant resins market can be attributed to erosion in structures, hardware, and apparatuses, especially from the substance business plants; particularly parts, for example, boilers, radiators, pumps, and smokestacks. 

Composites is the fastest-developing application segment and expected to surpass USD 2,915.5 million by 2025. Expanding penetration of composites in the corrosion-resistant applications, for example, sewage, water system, chemical, and oil and gas is expected to increase their demand in the corrosion-resistant resin market. The improvement of new composite applications in various enterprises in creating economies and an expected recovery of oil & gas drilling activities in the upcoming years are the real development drivers adding to a sound interest for corrosion-resistant resins in the composites business.

Epoxy is a widely used material for corrosion resistant resin applications and progressively used owing to its excellent properties, such as corrosion resistance, low cost, and easy application. It is expected to lead the corrosion resistant resin market growth over the forecast period. 

Oil & gas end-use industry use corrosion resistant resin on a large scale. Monetary losses due to corrosion can be high. Therefore, corrosion resistant resins are used in the form of coatings and composites in the oil & gas equipment.  Due to its highly structured composition, it is a particularly effective barrier to protect metals against attack by corrosive substances such as hydrogen sulfide, carbon dioxide, and sea water, thus leading to increased demand for corrosion resistant resin in oil & gas industry.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/corrosion-resistant-resin-market

Further key findings from the report suggest:

• Coatings was the leading application segment in 2016, accounting for over 75% of the total demand in the same year. Epoxy resins dominated the product category with a total market of over 796.1 kilotons in 2016.
• Chemical processing industry is anticipated to experience fastest growth, growing at an anticipated CAGR of 6.9% over the forecast period
• Oil & Gas application is the second-fastest growing industry with a demand of over 596 kilotons in 2016
• Asia Pacific emerged as the dominant region and was valued at over USD 2,702.7 million in 2016 with China being the leading market for Oil & Gas. The Asia Pacific region is anticipated to grow at a CAGR of over 7.8% over the forecast period.
• Major players such as BASF SE, Hunstman Corporation, Eastman Chemical Company, Ashland Inc., Scott Bader Company Limited, and Aditya Birla Chemicals dominated the global corrosion resistant resin market in 2016

Grand View Research has segmented the global corrosion resistant resin market on the basis of product, application, end-use industry, and region:

Corrosion Resistant Resin Product Outlook (Kilo tons; USD Million; 2014 - 2025)

• Epoxy
• Polyurethanes
• Polyester
• Vinyl ester
• Others

Corrosion Resistant Resin Application Outlook (Kilo tons; USD Million; 2014 - 2025)

• Coating
• Composites

Reference: https://sites.google.com/view/top-market-research-industry/research-report/corrosion-resistant-resin-market-size

Ballistic composites Market Size Worth $2.18 Billion by 2025 | Key Industry Participants Honeywell International Inc., BAE Systems, DSM

The global ballistic composites market is expected to reach USD 2.18 billion by 2025, according to a new report by Grand View Research, Inc. Unstable geopolitical relations, increasing cross-border tensions have forced nations to strengthen their defense units. Providing lightweight, efficient and advanced combat equipment has been on top priorities of most of the developed as well as developing countries. This has triggered the use of ballistic composites over the past few years.

Several factors, like the propensity of the composite armor of supporting the weight of an externally attached component, anchoring composite armor with a platform, safeguarding of ballistic weaknesses at panel joints and corners are taken into consideration while product designing and production are executed.

Ballistic vests are envisioned to deflect bullets from several types of guns, while armored vehicles must withstand projectiles, shells fired from tanks and roadside bombs. The layout of ballistic materials thus presents challenges familiar to any composites manufacturer.

North America is slated to account for larger market share. Active involvement of the U.S. military to counter terror threats is expected to fuel the product demand. Rising pressure on the U.S. government to maintain its military dominance is also expected to drive the regional market.

The key value chain components for the ballistic protective equipment market include raw material suppliers, ballistic equipment manufacturers, and end-users. The raw material suppliers form the first component in the value chain and provide various metals, materials, and fabrics required for producing ballistic protection suits.  

Major companies in the global ballistic composites market include DuPont, Teijin, DSM and Honeywell International. The market can be characterized by increasing R&D spending and continuous efforts for new product development.

To request copy of this report, click the link below:
www.grandviewresearch.com/industry-analysis/ballistic-composites-market

Further key Findings from the Study Suggest:

• Asia Pacific is expected to emerge as the fastest growing market in terms of product technology upgradation. Rising awareness in this region pertaining the life of deployed soldiers and vehicles is likely to trigger government budgets allocated for defense.
• North America is likely to emerge the largest market for ballistic composites on account of favorable government budgets, policies and regulations pertaining defense initiatives.

• Polymer matrix composite is expected to experience a significant growth on account of their low cost and simple fabrication methods. Its significance lies in its ability to grow fatter and short upon being heated.

• During the forecast period, ballistic composites market is expected to be majorly driven by armor applications in body vests and defense vehicles.

Grand View Research has segmented the ballistic composites market on the basis of product, application and region:

Global Ballistic Composites Product Outlook (USD Million, 2014 - 2025)

• PMC
• CMC
• MMC

Global Ballistic Composites Application Outlook (USD Million, 2014 - 2025)

• Armor
• Helmets & Face Protection
• Others

Reference: https://sites.google.com/view/top-market-research-industry/research-report/ballistic-composites-market-size

North America Chemical Tanker Shipping Market Growth, Share | Global Industry Report 2027

The North American chemical tanker shipping market is expected to reach USD 339.5 billion by 2027, according to a new report by Grand View Research, Inc. The growing chemical products exports and low chartered rates are expected to drive the market during the forecast period.

After a severe downfall in 2015 to 2016, the U.S. shale oil/gas is likely to reach its full production scale by 2018. It is also expected to increase its ethylene and caustic soda exports in reliance with associated low energy prices. These factors are expected to drive the chemical tanker market in North America.

The growing economy of Mexico and other South American countries is expected to spur the growth of the market in the region. Moreover, as Mexico enjoys free trade with most of the South American nations, it is expected to act as an added advantage for the industry.

The Great Lakes region is one of the most significant shipping routes for trade between Canada and the U.S.  Charters in this area are expected to maintain competitive freight rates on account of weak spot prices and an oversupply of chemical tankers. However, negative sentiments among manufactures regarding the renegotiation of NAFTA coupled with the lack in supply of chemical tankers is likely to hamper the shipping industry in this region.

The chemical tanker ships used for trading includes inland, coastal and deep-sea ships. The selection of the ships for transportation depends upon the demand size and type of cargos such as IMO I, IMO II, and IMO III. There are approximately 73 tank terminals located in Canada and 1,566 located in the U.S.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/north-america-chemical-tanker-shipping-market

Further key findings from the report suggest:

• Canadian chemical tanked shipping market is expected to reach a market valuation of USD 60.6 billion by 2027
• The re-stabilization of North American chemical and shale oil & gas industry will heavily contribute to the chemical tanker shipping market growth
• Appreciated dollar rates contributed to slow trade in 2014-2016, making North American products expensive in comparison with the other developed/developing nations. However, exchange rates are likely to decrease in 2017 making American products competitive again.
• Deep Sea shipment route in Canada is expected to have the highest growth rate to reach a market value of USD 41.76 billion during the forecast period
• In 2016, the U.S. shipments through the Great Lakes region were estimated at 7,767.4 kilo tons and is projected to reach 11,494.2 kilo tons by the end of 2027

Grand View Research has segmented the North America chemical tanker shipping market on the basis of shipping route, cargo type, and region:

Shipment Route Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2027)

• Inland    
• Coastal  
• Deep Sea

Reference: https://sites.google.com/view/top-market-research-industry/research-report/north-america-chemical-tanker-shipping-market

North America RPE Market Size, Trends, Growth, Share, Opportunities and Forecast by 2026

The global respiratory protective equipment market size is expected to reach USD 9.96 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.0% during the forecast period. Rising occupational safety regulations for ensuring worker safety is expected to boost the product demand.

Increasing demand for multi-purpose RPE such as respirators with in-built gas detectors is expected to drive R&D in developing efficient and durable respirators for preventing the spreading of biological hazards. Rising proactive measures taken by several associations such as ANSI, ASTM, and ISO is anticipated to have a positive impact on the market growth.

Rising concerns regarding biological diseases coupled with exposure to toxic and radioactive air pollutants is anticipated to augment the product demand over the forecast period. In addition, an increasing number of illness cases in mining and chemical industries owing to the prolonged exposure to polluted air is likely to drive growth of the RPE market.

Surging demand for multi-utility RPE coupled with technological advancements is expected to offer ample opportunities for market expansion over the forecast period. Major players such as 3M and Honeywell International are focused on developing RPE at economies of scale to strengthen their market share.

To request a copy of this report, click the link below:
www.grandviewresearch.com/industry-analysis/respiratory-protective-equipment-market

Further key findings from the report suggest:

• Powered air-purifying respirator accounted for 48.0% of the APR revenue share in 2018 on account of its rising demand for employee protection against vapors and toxic gases in oil and gas, petrochemical, and mining industries
• Industrial application segment is expected to register a CAGR of 7.3% from 2019 to 2025 in terms of revenue owing to increasing automotive and metal fabrication industries in the emerging economies such as India, China, and Brazil
• Demand from oil and gas industry is expected to reach USD 1.75 billion by 2025 on account of the presence of a considerable number of respiratory hazards such as exposure to silica and hydrogen sulfide coupled with rising awareness regarding employee safety
• Product consumption in North America is anticipated to reach USD 3.88 billion by 2025 owing to the presence of stringent norms regarding occupational health and safety by regulatory bodies such as OSHA, CSA, and ANSI
• Major players in the Respiratory Protective Equipment (RPE) market focus on integration across the value chain, especially from component manufacturing to product distribution, which is expected to aid the companies obtain a competitive edge

Grand View Research has segmented the global Respiratory Protective Equipment (RPE) market on the basis of product, application, and region:

Respiratory Protective Equipment (RPE) Product Outlook (Revenue, USD Million, 2014 - 2025)

• Air Purifier Respirator
  • Unpowered Respirators
    • Disposable Filtered Mask
    • Half Mask
    • Full Face Mask
  • Powered Respirators
    • Half Mask
    • Full Face Mask
    • Helmets, Hoods & Visors
  • Escape Respirators
• Supplied Air Respirator

Reference: https://sites.google.com/view/top-market-research-industry/research-report/north-america-rpe-market-size

Concentrated Photovoltaic Market Size To Reach $6.35 Billion By 2025

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints.

CPV technology is yet to gain worldwide acceptance and manufacturers are constantly engaged in developing new modules with improved efficiency. Growing popularity of PV has overshadowed the efficiency and advantages of CPV. However, the technology shows great promise owing to its scalability and efficiency.

Globally, Asia Pacific is the largest market for CPV. Presence of a large number of module manufacturers, coupled with favorable government initiatives, is driving the demand for this technology. The advantage of low labor cost and introduction of smaller rooftop systems are also expected to boost market growth.

To request a copy of this report, click the link below:
www.grandviewresearch.com/industry-analysis/concentrated-photovoltaic-market

Further key findings from the report suggest:

• By level of concentration, low concentrated photovoltaic is likely to be the fastest-growing segment at a revenue-based CAGR of 10.8% from 2017 to 2025. This is owing to innovations resulting in highly efficient products
• The commercial application segment is expected to exhibit a 9.0% CAGR from 2017 to 2025 in terms of revenue. This can be attributed to increasing number of installations in manufacturing facilities as well as private buildings
• In terms of revenue, the reflector product segment is expected to register a CAGR of 10.8% from 2017 to 2025 owing to rapidly increasing demand for low concentration photovoltaics made from mirrors
• By volume, Asia Pacific accounted for just over 50.0% of the global market in 2016 on account of rapidly growing capacity additions in China and India
• The installed capacity of CPV in Middle Eastern and African countries was 66.8 MW in 2016, backed by commissioning of projects in countries such as South Africa, Morocco, and Jordan
• Manufacturers are constantly working on introducing new products with improved efficiencies and reduced quantities of silicon 

Grand View Research has segmented the concentrated photovoltaic market on the basis of product, application, level of concentration, and region.

Product Outlook (Volume, MW; Revenue, USD Million, 2014 - 2025)

• Reflector
• Refractor

Application Outlook (Volume, MW; Revenue, USD Million, 2014 - 2025)

• Utility
• Commercial

Level of Concentration Outlook (Volume, MW; Revenue, USD Million, 2014 - 2025)

• High concentration photovoltaic
• Low concentration photovoltaic

Reference: https://sites.google.com/view/top-market-research-industry/research-report/concentrated-photovoltaic-market-size

Halal Cosmetics Market Growth Analysis | Global Industry Report 2025

The global halal cosmetics market size is projected to reach USD 52.02 billion by 2025 registering a CAGR of 12.3%, according to a new report by Grand View Research, Inc. Considerable Islamic population base across the globe that is willing to pay premium prices for Halal-certified beauty products is anticipated to drive the product demand over the forecast period. The market is niche with the presence of both large- and small-scale manufacturers. Growing concern among consumers about the usage of animal-derived ingredients, such as gelatin and collagen, has resulted in the increased production of halal-certified products by many cosmetic industry participants.

Regional companies are entering the global market to fulfill the rising demands. Middle East and Africa accounted for around 18% of the global revenue share in 2018. Though there is a growing demand for halal products in Middle East, there is an absence of complete regulation system. However, Brunei has an established regulatory system that promotes and produces halal products. There have been a lot of initiatives taken by different Islamic countries to integrate the halal industry. For instance, Malay Chamber of Commerce Malaysia (MCCM) built a marketing center in Dubai to help the growth of such products and pave opportunities for manufacturers to advertise their portfolio.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/halal-cosmetics-market

Further key findings from the study suggest:

• Skin care is anticipated to be the fastest-growing product segment of the halal cosmetics market over the forecast period
• Makeup products is projected to be the second-largest segment and is said to register a CAGR of 12.5% from 2019 to 2025
• Middle East & Africa is the second-largest regional market after Asia and was valued at 4.04 billion in 2018
• Since Muslims constitute a major part of the population of the region, the mainstream cosmetic industry is pushed to fulfil their needs
• Some of the key companies in this market are MMA Bio Lab Sdn Bhd, Ivy Beauty Corporation Sdn Bhd, PHB Ethical Beauty

Grand View Research has segmented the global halal cosmetics market on the basis of product and region:

Halal Cosmetics Product Outlook (Revenue, USD Million, 2014 - 2025)

• Skin Care
• Hair Care
• Makeup
• Others

Reference: https://sites.google.com/view/top-market-research-industry/research-report/halal-cosmetics-market

Global Fermentation Chemicals Market Growth, Share | Global Industry Report 2025

The global fermentation chemicals market size is projected to reach USD 85.77 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.6% during the forecast period. Rapid industrialization in the BRICS nation is expected to remain a key growth driver.

Energy, plastics, pharmaceuticals, and food and beverage are some of the manufacturing sectors where fermentation chemicals are used widely. Rising demand for Polytrimethylene Terephthalate (PTT) acts as a major driver for rising product consumption in plastic manufacturing. PDO and lactic acid are anticipated to be the principal beneficiaries of this strong growth, though other fermentation chemicals are expected to benefit, as the market for biodegradable plastics expands.

Brazil, Russia, India, China, and South Africa (BRICS) has witnessed high production industrial growth, directly impacting demand for fermentation chemicals. These markets registered high industrial production growth over the period and remain one of the fastest-growing industrial regions across the globe. Major growth drivers for the manufacturing sector in these markets include favorable foreign investment norms, availability of large pool of skilled labor, and technological know-how.

To request a copy of this report, click the link below:
www.grandviewresearch.com/industry-analysis/fermentation-chemicals-market

Further key findings from the report suggest:

• Alcohol was the largest product segment, with a market share of over 50% in 2018. Increase in use of alcohols in industry application is expected to trigger the demand
• Plastics and fibers is anticipated to witness the fastest CAGR of 5.6% from 2019 to 2025 owing to rising demand for bio-degradable plastics
• Using green chemistry to manufacture of fermentation chemicals is the most efficient and practical way of reducing greenhouse effect. The Environmental Protection Agency (EPA) and the European Union have established stringent regulations which are expected to positively propel the product demand due to its environment-friendly properties
• Germany was one of the major countries in Europe with a global market share of around 11% to 12% in 2018. The demand is driven by technological advancements in chemical manufacturing accompanied with an increasing focus on development of biodegradable plastics
• Some of the key players in the fermentation chemicals market include The Dow Chemical Company; Evonik Industry; Cargill Inc.; Archer Daniels Midland; BASF SE; DuPont Danisco A/S; and Ajinomoto.

Grand View Research has segmented the global fermentation chemicals market on the basis of product, application, and region.

Fermentation Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Alcohols
• Enzymes
• Organic Acid
• Others

Reference: https://sites.google.com/view/top-market-research-industry/research-report/global-fermentation-chemicals-market-size

Green Coatings Market Opportunities To Reach $209.2 Billion By 2025

The global green coatings market is expected to reach USD 209.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 6.9% over the forecast period, Owing to Increasing product penetration in construction and automotive application to replace high VOC emitting solvent based coatings is likely to drive industry growth.

The industry is highly competitive owing to the presence of several international players including PPG Industries, AkzoNobel NV, Sherwin-Williams, Evonik Industries and Eastman Chemical Company. These players are focusing on increasing their share along with profitability through product innovation, R&D activities, mergers, and acquisition.

Strong foothold of the existing players, extensive product offerings and wide geographical reach is expected to be the key barrier for the emerging manufacturers. The majority of the industry players are integrated across the value chain in order to reduce their dependency on the raw material suppliers and increase profitability.

To request a copy of this report, click the link below:
www.grandviewresearch.com/industry-analysis/green-coatings-market

Further key findings from the report suggest:

• Waterborne technology dominated the industry in 2016 and is likely to grow at a CAGR of 6.8% from 2017 to 2025 owing to its rising consumer preference towards environmental friendly products in architectural and automotive applications
• Powder technology is expected to grow at CAGR of 7.2% from 2017 to 2025, on account of its superior properties including zero VOC, superior corrosion resistance, reduced drying time and high-quality finish
• In 2016, automotive application for UV cured technology accounted for 23.4% and is expected to grow at a significant rate owing to rising product demand for manufacturing sunroof seals, window seals, and paint touch up applications
• Asia Pacific accounted for 33.4% of overall green coatings market share in 2016 and is expected to grow at the fastest rate owing to rapid growth of automotive construction industry in economies including India and China
• Europe has been a major consumer for waterborne paints owing to the stringent government regulation, early adoption of the technology and high consumer awareness regarding the product benefits
• Initiatives taken by the industry players to manufacture environmentally friendly products in order to comply with regulatory norms including EU’s VOC Regulation 2004/42/EC and U.S. EPA’s Clean Act is expected to propel industry growth
• In July 2017, AkzoNobel acquired Flexcrete Technologies Ltd. And Disa Technology in order to expand the company business in aerospace, industrial and automotive coatings. In addition, the company acquired industrial coatings business line of BASF SE in December 2015 in order to strengthen company roots in coating industry

Grand View Research has segmented the green coatings market on the basis of technology, and regions:

Green Coatings Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Waterborne Coatings, By Application
• Architectural
• Industrial coatings
• High Performance
• Automotive
• Wood Coating
• Packaging
• Others

Reference: https://sites.google.com/view/top-market-research-industry/research-report/green-coatings-market-size

Automotive Coatings Market Growth Analysis | Global Industry Report 2025

The global automotive coatings market is expected to reach USD 36.31 billion by 2025, according to a new report published by Grand View Research, Inc. Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.

Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.

Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.

To request a sample copy of this report, click the link below:
www.grandviewresearch.com/industry-analysis/automotive-coatings-market

Further key findings from the report suggest:

• The global automotive coatings industry demand was 5,902.7 kilo tons in 2015 and is expected to grow significantly on account of increasing vehicle production in rapidly emerging countries including China, Japan, India, Mexico, Brazil, South Korea, Brazil, and South Africa
• Waterborne coatings market demand is anticipated to witness strong growth in light of stringent regulations pertaining to the usage of solvent borne technology. In addition, superior properties, such as corrosion resistance, flexibility, hardness, stain resistance, adhesion, low flammability, and toxicity, are expected to surge product demand over the next nine years.
• North America contributed to 22.7% of the overall revenue share in 2015 and is estimated to witness growth on account of rising demand for pickup trucks and utility vehicles in the region
• Central and South America is expected to see substantial revenue rise at a CAGR of 5.4% from 2016 to 2025 owing to increasing small car production in Brazil. Furthermore, large automobile manufacturers including General Motors, Volkswagen, and Hyundai have been shifting their base to the region owing to lower operation costs, which is likely to aid in market expansion.
• The industry is highly competitive in nature, and manufacturers are involved in continuous product development and R&D activities. Manufacturers including Axalta Coating Systems, PPG Industries, BASF, Nippon Paint, AkzoNobel, and Kansai Paint are some of the key players in the market.
• In April 2015, Axalta established a new R&D technology center in Shanghai to develop new products for the global commercial vehicle, light vehicle OEM, refinish and industrial customers

Grand View Research has segmented the global automotive coatings market on the basis of product, technology, application, end-use, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Primer
• Electro coat
• Basecoat
• Clear coat

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Waterborne Coatings
• Solvent borne Coatings
• Powder Coatings
• UV-cured Coatings

Reference: https://sites.google.com/view/top-market-research-industry/research-report/automotive-coatings-market-size