Glucosamine Market Trends, Demand, Production, Analysis And Forecast To 2022: Grand View Research Inc.

San Francisco, 31 December 2019: The Report Glucosamine Market Analysis By Application (Nutritional Supplements, Food & Beverages, Dairy Products) And Segment Forecasts To 2022

The global glucosamine market is expected to reach USD 757.3 million by 2022, according to a new report by Grand View Research, Inc. Growing application scope of the product in the manufacturing of nutritional supplements which aid in the prevention of osteoarthritis among consumers is expected to fuel demand over the next seven years.

Increasing number of vegan consumers particularly in developed countries including U.S. is expected to be another driver for the industry over the forecast period. The product is primarily manufactured from crustaceans including shrimp and crab; however, Cargill and Cyanotech have pioneered vegetarian glucosamine by extracting the ingredient from ‘aspergillus niger’ fungi.

Increasing population, rapidly growing healthcare industry and consumer awareness regarding joint and bone health is expected to fuel use of glucosamine in various food & beverage products. In addition, supporting regulatory framework in Europe regarding product use in the manufacturing of food & beverages is expected to propel industry growth over the next seven years. However, increasing number of substitutes including fish oil and omega-3 may challenge product demand over the forecast period.

Access Research Report of Glucosamine Market @ https://www.grandviewresearch.com/industry-analysis/glucosamine-market

Further key findings from the report suggest:

• Nutritional supplements is expected to be the fastest growing application segment at a CAGR over 4.0% from 2015 to 2022. Rising bone and joint health concerns, increasing occurrences of joint problems and rising awareness regarding product benefits among consumers is expected to propel market growth over the next seven years.
• Japan market was valued at over USD 200.0 million in 2014. Growing consumer awareness coupled with rising geriatric population is expected to propel product utilization over the next seven years. In addition, high cost of medical services is expected to facilitate the adoption of preventive measures, thus driving industry growth over the forecast period. However, market saturation coupled with increasing penetration in other regions is expected to hamper growth over the next seven years.
• Asia Pacific product demand in nutritional supplements was estimated at over 2,000.0 tons in 2014. Increasing consumption of sports nutrition in Thailand and weight management products in China and South Korea is expected to have a positive impact on product demand over the next seven years. In addition, growing need for functional food & beverages is expected to propel industry growth over the forecast period.
• The global industry is highly competitive on account of presence of numerous market players. Rising R&D expenditure for new product development coupled with the need to reduce manufacturing cost are key trends witnessed within the industry. Capacity expansion is one of the strategies witnessed within the industry.
• In February 2016, Nutramax Laboratories invested USD 15 million in their distribution center at Lancaster to expand company’s presence in the UK. In May 2015, Amway opened a 60,000 square feet facility in California dedicated for nutrition and R&D.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the global glucosamine market on the basis of application and region:

Glucosamine Application Outlook (Volume, Tons, Revenue, USD Million, 2012 – 2022)

• Nutritional supplements
• Food &beverages
• Dairy products

Glucosamine Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 – 2022)

• U.S.
• Europe
• Japan
• Asia Pacific
• RoW

Access Press Release of Glucosamine Market @ https://www.grandviewresearch.com/press-release/global-glucosamine-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

Natural Food Colors Market Size Is Anticipated To Reach USD 2.50 Billion By 2025 : Grand View Research Inc.

San Francisco, 31 December 2019: The Report Natural Food Colors Market Size, Share & Trends Analysis Report By Product (Curcumin, Carotenoids, Anthocyanin, Carmine, Chlorophyllin), By Application, By Region, And Segment Forecasts, 2018 – 2025

The global natural food colors market size is expected to reach USD 2.50 billion by 2025, according to a new report by Grand View Research, Inc. Growing concerns regarding the health hazards associated with synthetic and natural identical colors is expected to drive the demand for the product over the next nine years.

The market is expected to grow on account of increasing penetration of the product in key application industries including beverages, and bakery & confectionery. In addition, the industry is expected to benefit from the stringent regulations passed for the synthetic colors leading to an increasing substitution.

High dependence on raw materials such as fruits, vegetables, and spices, coupled with substantial price fluctuations of the aforementioned products is expected to act as a major deterrent for the market growth. However, the rise in investments in research and development, to increase the production efficiency is expected to drive the demand over the forecast period.

The industry is characterized by the presence of a large number of high volume manufacturers, with a majority of them integrated across product manufacturing to distribution stages of the value chain. In addition, the companies are involved in product distribution primarily through direct distribution as well as third party distribution channels in a bid to expand their market presence.

Access Research Report of Natural Food Colors Market @ https://www.grandviewresearch.com/industry-analysis/natural-food-colors-market

Further key findings from the report suggest:

• The use of the product in beverages accounted for over 27% of the global volume in 2015, on account of rising demand for nutritional beverages such as fruit juices, sports drinks, carbonated soft drinks, and alcoholic drinks.
• Anthocyanin is expected to exhibit the highest growth, growing at a CAGR of over 7% from 2016 to 2025 on account of high substitution rate of the synthetic blues due to various health hazards associated
• The industry in Asia Pacific is expected to account for over 29% of the revenue market share by 2025, driven by the rapid development of food & beverage industry in the region. Growing demand for the product in developing economies of the region is likely to propel demand
• Major players in the natural food colors operate their business through an extensive product portfolio with a number of manufacturing and distribution facilities spread across the globe. In addition, the companies are involved in the development of advanced products with high stability in a bid to improve the share and increase the revenues

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

Grand View Research has segmented the global natural food colors market on the basis of product, application, and region:

Natural Food Colors Product Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• Curcumin
• Carotenoids
• Anthocyanin
• Carmine
• Copper Chlorophyllin
• Others

Natural Food Colors Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• Bakery & Confectionery
• Beverages
• Dairy & Frozen Products
• Meat Products
• Oil & fat
• Fruits & vegetables
• Food

Natural Food Colors Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Natural Food Colors Market @ https://www.grandviewresearch.com/press-release/global-natural-food-colors-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

Integrated Pest Management (IPM) Pheromones Market Size To Reach Value At USD 1.6 Billion By 2025: Grand View Research Inc.

San Francisco, 31 December 2019: The Report IPM Pheromones Market Analysis Report By Product (Sex Pheromones, Aggregation Pheromones, Oviposition-deterring Pheromones, Alarm Pheromones), By Region, And Segment Forecasts, 2019 – 2025

The global integrated pest management (IPM) pheromones market size is expected to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a 12.4% CAGR during the forecast period. Growing awareness among consumers regarding the side effects of pesticides is estimated to drive industrial growth. A large number of manufacturers are involved in the production of a wide range integrated pest management (IPM) solutions.

Integrated pest management is an effective and environmentally sensitive approach to pest management. It comprises the judicious use of pesticides, along with other appropriate pest management options. For instance, magnet insect attractant is an integrated pest management tool, developed by Ag Biotech Australia Pty Ltd. to target elusive adult stage of Helicoverpa caterpillar pest. The tool is used to attract and kill adult moths before they can lay their eggs.

Furthermore, rising use of IPM technology for crop protection offers several advantages to farmers, environment, society, and pest management organizations. It also helps manage farmers’ economic risks. In addition, it reduces the health risk of field workers by encouraging the adoption of best management practices.

Governments around the world are taking initiatives to educate farmers and cultivators regarding the benefits of integrated pest management pheromones. Traditionally, developing economic conditions of cultivators and farmers in Asia Pacific and increasing adoption of farming technologies in the region is estimated to have a positive impact on the demand for aggregate and sex pheromones over the projected period.

Access Research Report of Integrated Pest Management (IPM) Pheromones Market @ https://www.grandviewresearch.com/industry-analysis/ipm-pheromones

Further key findings from the report suggest:

• The sex pheromones segment accounted for 65.2% of the total market in 2018. U.S. is a key contributor to this segment owing to government initiatives to enhance the agriculture sector in the country, rising use of enhanced technologies, and presence of developed R&D infrastructure
• Aggregation pheromones formed the second largest segment and is estimated to register a CAGR of 12.3% during the forecast period. This is owing to its growing use to attract both male and female pests and kill formulations by mass trapping
• In 2018, North America accounted for the largest market share of 36.90% in terms of revenue, owing to high consumption of food and ongoing technological enhancements in countries like Canada and U.S.
• Europe formed the second largest regional market in 2018, accounting for a share of 25.2% in terms of revenue. This market is estimated to exhibit a CAGR of 10.1% over the forecast period owing to the presence of key manufacturers in the region
• Shin-Etsu Chemicals and Suterra LLC have three patents each to their credit whereas ISCA Technologies U.S. launched a new generation formulation called Specialized Pheromone & Lure Application Technology (SPLAT).

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the global IPM pheromones market on the basis of product and region:

IPM Pheromones Product Outlook (Revenue, USD Billion, 2014 – 2025)

• Sex Pheromones
• Aggregation Pheromones
• Oviposition-deterring Pheromones
• Alarm Pheromones

IPM Pheromones Region Outlook (Revenue, USD Billion, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Integrated Pest Management (IPM) Pheromones Market @ https://www.grandviewresearch.com/press-release/global-ipm-pheromones-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

Nanocomposites Market Size, Top Vendors, Industry Research And Analysis By 2022: Grand View Research Inc.

San Francisco, 31 December 2019: The Report Nanocomposites Market Size, Share & Trends Analysis Report By Product (Nanoclay, Carbon Nanotubes, Ceramics), By Application (Packaging, Electronics & Electrical, Aviation), And Segment Forecasts, 2015 – 2022

The global nanocomposites market size is expected to reach USD 7.48 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for nanocomposites in the automobile industry, increased application of nanocomposites in building and construction, high volume consumption in electronics and semiconductors are some of the major factors that have been driving the market. However, the high cost of materials and technology to manufacture them along with the environmental impact of certain materials used in nanocomposites manufacturing are holding back the market.

Nanocomposites usually comprise of a strengthening layer/layers of various materials such as clay, plastics, glass, carbon nanotubes, graphene and others. The binder material used is usually a polymeric resin (eg: epoxy) and this binding matrix holds the materials together to impart strength and higher toughness once the composite system has cured.

The nanocomposites market uses materials such as metals and metallic nanoparticles, polymers, nano-sized clay particles, carbon derivatives such as carbon nanotubes and graphene and other nanoparticles. These materials can be sourced from raw material manufacturers in all the regions globally. Major raw material manufacturers have their manufacturing bases in Europe and North America and usually distribute their materials through local suppliers in various regions around the world.

Access Research Report of Nanocomposites Market @ https://www.grandviewresearch.com/industry-analysis/nanocomposites-market

Further key findings from the report suggest:

• Metal/Metal oxides demand was 17.6 kilo tons in 2014. Metal/metal oxides are extensively used in manufacturing electronic parts and semiconductors. Metal oxides exhibit superior electrical conductivity and is being used in the preparation of pseudo capacitive electrochemical supercapacitors. Metal oxides includes the use of manganese, titanium, tantalum and vanadium oxides in the manufacturing of electronic parts owing to high durability and its ability to withstand high temperature.
• Ceramics accounted for 13.0% of the global market volume in 2014. Ceramic nanocomposites exhibit improved hardness, strength, durability and as compared to its counterparts. Ceramic nanocomposites provide superior thermal resistance and are used extensively in aerospace application. Furthermore, it is used in a variety of application due to its characteristics including flame retardancy, high shock resistance, and improved magnetic and optical properties.
• Aviation is expected to witness significant growth, growing at a CAGR of 24.2% from 2015 to 2022. Nanocomposites are used in the aviation industry in manufacturing flame retardant panels and high performance components. In addition, it provides structural strength to the existing panels which is expected to have a positive impact towards market growth. Furthermore, nanocomposites easily blend with plastic and metal and provide added strength to panels.
• Europe demand for nanocomposites was 68.2 kilo tons, growing at a CAGR of 23.3% from 2015 to 2022. Europe is characterized by the growing demand for nanocomposites in automotive and aviation a-applications. Growing demand for these products owing to their lightweight and superior durability is expected to increase demand over the forecast period. Furthermore, these products are being increasingly used in the manufacturing of wind turbines and solar panels. In terms of product, nanoclay is expected to witness fastest growth as compared to its counterparts.
• Key players in the nanocomposites market include Arkema SA, BASF SE, Cabot Corportation, Cyclics Corporation, DSM, Elementis Specialties Inc., eSPin Technologies Inc., DuPont, Foster Corporation, Powdermet Inc., Inframat Corporation, Zyvex Technologies.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/nanoparticles

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

Nanocomposites Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)

• CNT
• Nanoclay
• Metal/metal oxides
• Ceramics
• Others

Nanocomposites Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)

• Packaging
• Automotive
• Electronics & electrical
• Aviation
• Energy
• Construction
• Military
• Others

Nanocomposites Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• ROW

Access Press Release of Nanocomposites Market @ https://www.grandviewresearch.com/press-release/global-nanocomposites-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

 

Fermentation Chemicals Market Size To Hit USD 85.77 Billion By 2025: Grand View Research Inc.

San Francisco, 31 December 2019: The Report Fermentation Chemicals Market Size, Share & Trends Analysis Report By Product (Alcohols, Enzymes), By Application (Industrial, Plastic, Pharmaceutical), By Region, And Segment Forecasts, 2019 – 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.

Access Research Report of Fermentation Chemicals Market @ https://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.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

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

Fermentation Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• Industrial
• Plastic & Fibers
• Pharmaceuticals and Nutritional
• Food and Beverages
• Others

Fermentation Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Access Press Release of Fermentation Chemicals Market @ https://www.grandviewresearch.com/press-release/global-fermentation-chemicals-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

Electric Kettle Market Expected To Witness A Substantial Growth Of USD 21.0 Billion By 2025: Grand View Research Inc.

San Francisco, 31 December 2019: The Report  Electric Kettle Market Size, Share & Trends Analysis Report By Raw Material (Stainless Steel, Plastic, Glass), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2019 – 2025

The global electric kettle market size is expected to reach USD 21.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% over the forecast period. Advanced features including perfect grip handle, quick heat up time, and easy light indicator of electric kettles are expected to expand the market size over the forecast period. Furthermore, demand for hot beverages is rising in developed economies including Germany and U.K. as a result of shifting consumer preference towards replicating the coffee shop culture experience in household. This, in turn, is expected to upscale the requirements of electric kettles in the coming years.

The commercial segment is estimated to be the fastest growing market with a CAGR of 5.5% from 2019 to 2025. The product is majorly used in the hotels and restaurants as it can quickly heat up the liquids and keep it warm for the next 5 to 6 hours. The tourism and hotel industries are witnessing significant growth in countries including China, Japan, Australia, and New Zealand due to favorable government policies on the establishment of new tourist destinations. This, in turn, is expected to expand the utility of electric kettles in the near future.

Stainless steel-based kettles generated a revenue of USD 7.0 billion in 2018. These types of products have the ability to keep the liquid warm for a long time. Furthermore, easy access to these products from retail stores as well as online channels is expected to remain a favorable factor for promoting the demand for stainless steel products in the near future. Plastic-based products are expected to witness high demand owing to rising product’s popularity for its lightweight and easy to carry characteristics.

Asia Pacific generated a revenue of USD 7.6 billion in 2018. High concentration of working class population, coupled with increasing consumer spending on kitchen appliances in emerging economies including China and India, is expected to remain a favorable factor for the electric kettles market growth. Furthermore, new product launches by electronics goods manufacturers including JOVEN are expected to open new avenues over the next few years.

Key industry participants include Aroma Housewares Company; Conair; Hamilton Beach Brands, Inc.; Groupe SEB; Cuisinart; Breville USA, Inc.; bonavitaworld; Chef’s Choice; SUPOR; and Koninklijke Philips N.V. Product innovation is expected to remain one of the key strategies opted by the manufacturers to expand their market reach in the near future. In August 2018, Denmark-based Stelton launched cordless electric kettle under the brand name, EM77.

Access Research Report of Electric Kettle Market @ https://www.grandviewresearch.com/industry-analysis/electric-kettles-market

Further key findings from the report suggest:

• The residential application segment generated a revenue of USD 13.2 billion in 2018
• By product, plastic is expected to be the fastest growing segment with a CAGR of 5.9% from 2019 to 2025
• Asia Pacific is estimated to emerge as the fastest growing electric kettle market from 2019 to 2025.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-and-electrical

Grand View Research has segmented the global electric kettle market on the basis of application, raw material, and region:

Electric Kettle Raw Material Outlook (Revenue, USD Million, 2015 – 2025)

• Stainless Steel
• Plastic
• Glass
• Others

Electric Kettle Application Outlook (Revenue, USD Million, 2015 – 2025)

• Residential
• Commercial

Electric Kettle Regional Outlook (Revenue, USD Million, 2015 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Electric Kettle Market @ https://www.grandviewresearch.com/press-release/global-electric-kettles-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

Latex Mattress Market Is Likely To Up Demand At A USD 12.4 Billion By 2025: Grand View Research Inc.

San Francisco, 31 December 2019: The Report Latex Mattress Market Size, Share & Trends Analysis Report By Type (Blended Mix Latex, Natural Latex), By Application (Commercial, Residential), By Region, And Segment Forecasts, 2019 – 2025

The global latex mattress market size is anticipated to reach USD 12.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% over the forecast period. Growing preference for luxury lifestyle catering to better sleeping products is anticipated to fuel the growth of the market over the forecast period.

Latex mattress witnesses increasing demand as a result of growing incidences of back problems and joint pain due to poor quality mattress, resulting in inadequate sleep. Therefore, market witnesses increased spending on mattresses as a need to promote mental and physical health, which is expected to increase latex mattress market demand over the forecast period.

Latex mattress has the ability to heal natural alignment of spine and provides quality sleep owing to its comfort and cushioning properties. Thus, proper distribution of body pressure in order to support the natural spine curvature also helps in improving blood circulation, which ultimately acts as a bonus for health and wellness. It also helps in promoting pain relief and is recommended by osteopaths, therapists, and chiropractors.

In addition, increasing prevalence of backache issues and spinal misalignment has urged consumers to invest in quality mattresses, which, in turn, is expected to drive the demand for latex mattress. According to statistics, 27 million of Americans aging 18 years or older have been associated with back pain in 2017. Thus, sleeping on a poor quality mattress is expected to be one of the prominent reasons causing back pain in adults and adolescents across the world.

In addition, less of work life balance across young adults has increased the occurrence of various joint pain issues including backache, which is expected to positively impact the growth of the latex mattress market. Moreover, growth of the hospitality sector has increased the construction of hotels, which, in turn, is pushing up the demand for superior quality latex mattresses.

In terms of type, blended mix latex generated a revenue of USD 3.1 billion in 2018. The blend of natural latex in combination with synthetic latex helps the mattress in gaining properties such as more durability, lesser chemical production, and increased firmness consistency. Moreover, in order to provide a beneficial mix of both, companies produce mattress containing ratio of 60:40 or 70:30 natural vs synthetic according to the manufacturer’s choice. Thus, this product gained popularity owing to various attributes and is also cheaper as compared to natural latex mattress.

In terms of application, the commercial sector is expected to witness the highest growth over the forecast period. Increasing infrastructural development across regions, particularly developing countries, is driving the hospitality sector such as hotels and hospitals. Rising demand for hospitals and hotels, particularly in countries such as India, China, and Vietnam is one of the major factors driving the market.

Thus, manufacturers are taking constant efforts in developing newer products in the market with upgraded technology so as to deliver the best of products in the segment. For instance, in October 2018,Innocor Inc. had launched an Amazon exclusive brand called Revel with its Innocor Foam Technologies, which serves commercial customers.

North America dominated the global market, accounting for 30.4% share of global revenue in 2018. Rise in the number of households catering to increasing home furnishing products and healthier lifestyle chosen by the consumers of the region is expected to drive the market. Moreover, growing importance of natural ingredients in mattress production, such as latex mattress helps in preventing spinal and muscle disorders, acts as a key driving factor.

Access Research Report of Latex Mattress Market @ https://www.grandviewresearch.com/industry-analysis/latex-mattress-market

Further key findings from the report suggest:

• The blended mix segment generated a revenue of USD 3.1 billion in 2018
• The commercial application segment is expected to expand at a CAGR of 7.1% over the forecast period
• Asia Pacific is the fastest growing region, expanding at a CAGR of 7.4% from 2019 to 2025
• Top players operating in the market include Sleep On Latex, Simmons Bedding Company LLC., Astrabeds LLC, Spindle, Dreamfoam Bedding, Sleep Number Corporation, PlushBeds, Royal-Pedic Mattress Mfg., and Spring Air International.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/homecare-and-decor

Grand View Research has segmented the global latex mattress market by type, application, and region:

Latex Mattress Type Outlook (Revenue, USD Million, 2015 – 2025)

• Blended Mix
• Natural
• Synthetic

Latex Mattress Application Outlook (Revenue, USD Million, 2015 – 2025)

• Residential
• Commercial

Latex Mattress Regional Outlook (Revenue, USD Million, 2015 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Latex Mattress Market @ https://www.grandviewresearch.com/press-release/global-latex-mattress-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

Beer Glassware Market Size Is Projected To Reach USD 473.3 Million By 2025: Grand View Research Inc.

 

San Francisco, 31 December 2019: The Report Beer Glassware Market Size, Share & Trends Analysis Report By Product (Mugs, Pints, Pilsner, Weizen), By Application (Household, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2019 – 2025

The global beer glassware market size is expected to reach USD 473.3 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.4% during the forecast period. Increasing consumption of craft beer as a result of shifting consumer preference towards flavored or low ABV beer is expected to expand the market reach. In addition, rising number of alcohol-serving restaurants, pubs, bars, and clubs in developing countries including China and India is projected to fuel the demand for various drinkware products including glasses.

Pint segment is expected to lead the market over the next few years. These traditional glasses are the most commonly used for drinking beer. Consumers prefer pints as they accommodate more alcohol and have large crowning heads. Majority of commercial places including restaurants, bars, and pubs use pints to serve beer, which is anticipated to further fuel the product demand.

The household application sector is expected to register the fastest CAGR of 4% from 2019 to 2025. Rising number of house parties coupled with popularity of drinking games among adults are anticipated to promote the product demand from the household sector in the upcoming years.

Online distribution channel segment is expected to witness the fastest CAGR of more than 4% from over the forecast period. Rapid rise in the number of smartphone users is anticipated to bode well for online shopping. Assured safety, safe transportation, and hassle-free product delivery among others are some of the major factor driving the adoption of this distribution channel.

In 2018, Europe held the largest market share of over 30% in terms of revenue. Increasing penetration of microbreweries in Germany, Poland, U.K., Netherlands, Spain, France, and Belgium, among other countries has been fueling the regional product demand. Furthermore, growing trend of home-brewing in Germany, Denmark, and Finland has been promoting the demand for beer glasses in Europe.

Key participants operating in the beer glassware market include Libbey, Inc.; Arc International; Bormioli Rocco; Corelle Brands, LLC; Oneida Group; Bayerische Glaswerke GmbH; The Boelter Companies; Shanxi Dahua Glass Industrial Co., Ltd.; Duralex USA; and Ocean Glass.

Access Research Report of Beer Glassware Market @ https://www.grandviewresearch.com/industry-analysis/beer-glassware-market

Further key findings from the report suggest:

• Pints segment generated a revenue of more than USD 120 million in 2018owing to high convenience the product offers
• Weizen glass is expected to account for 9.7% of the global revenue share by the end of 2025
• Asia Pacific is expected witness the fastest CAGR of 6.2% from 2019 to 2025. Rise in working class population in emerging economies including China and India is projected to open new avenues Over the forecast period
• Europe led the beer glassware market in 2018, accounting for a one-third of the global revenue share
• Household application is expected expand at a CAGR of 4.0% from 2019 to 2025

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/homecare-and-decor

Grand View Research has segmented the global beer glassware market on the basis of product, application, distribution channel, and region:

Beer Glassware Product Outlook (Revenue, USD Million, 2015 – 2025)

• Mugs
• Pints
• Pilsner
• Weizen
• Others

Beer Glassware Application Outlook (Revenue, USD Million, 2015 – 2025)

• Household
• Commercial

Beer Glassware Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)

• Offline
• Online

Beer Glassware Region Outlook (Revenue, USD Million, 2015 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Beer Glassware Market @ https://www.grandviewresearch.com/press-release/global-beer-glassware-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

Building Thermal Insulation Market Worth $ 38.95 Billion By 2025: Grand View Research Inc.

San Francisco, 30 December 2019: The Report Building Thermal Insulation Market Size, Share & Trends Analysis Report By Product, (Glass Wool, Mineral Wool, EPS, XPS), By Application (Roof, Wall, Floor), By End Use, By Region, And Segment Forecasts, 2019 – 2025

The global building thermal insulation market size is expected to reach USD 38.95 billion by 2025, at a CAGR of 4.8%, according to a new report by Grand View Research, Inc. Implementation of stringent regulations by various governments to reduce greenhouse gas emission is expected to have positive impact on the growth.

Increasing demand in residential and commercial applications, owing to rising energy costs and importance of energy conservation is expected to drive the market over the forecast period. In addition, government initiatives to promote energy efficient operations is estimated to benefit the product demand.

The market exhibits high level of integration by the raw material suppliers across the value chain. This enables the players to expand their scope of operations and enter new geographies. The manufacturers may face pricing pressure due to fluctuation in raw material prices on account of unstable crude oil prices.

Increasing R&D expenditure to develop transparent insulation technology to impart superior aesthetic appearance to thermal insulation materials is expected to boost the product adoption. In addition, development of vacuum insulation panels as an economically viable solution for household applications is expected to propel growth of the building thermal insulation market.

The industry is capital intensive, hence entry and sustenance requires considerable time, resources, and planning. Favorable government regulations coupled with increasing regulatory support is expected to attract a number of new entrants. Highly fragmented nature of the market is expected to encourage the entry of new players.

Access Research Report of Building Thermal Insulation Market @ https://www.grandviewresearch.com/industry-analysis/building-thermal-insulation-market

Further key findings from the report suggest:

• Glass wool accounted for the market share of 28.3% in 2018, owing to its ability to withstand temperature fluctuations and reduce energy consumption
• Wall insulation led the market in 2018 and is estimated to reach USD 16.77 billion by 2025, owing to larger surface areas of insulation coupled with rising number of residential construction activities across the globe
• Commercial application emerged as largest application segment in terms of revenue in 2018 and is expected to expand at a CAGR of 4.5% from 2019 to 2025, owing to increasing importance of energy efficiency in commercial and public buildings due to rising energy costs
• The consumption in Asia Pacific stood at 5,535.3 kilotons in 2018 and is expected to exhibit the fastest growth over the forecast period due to the rapid economic developmentcoupled with rising construction spending by the governments to improve public infrastructure
• Major companies in the building thermal insulation market such as Owens Corning are focused on mergers and acquisitions to expand their geographical presence

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber

Grand View Research has segmented the global building thermal insulation market on the basis of product, application, end use and region:

Building Thermal Insulation Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• Glass Wool
• Mineral Wool
• EPS
• XPS
• Others

Building Thermal Insulation Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• Roof
• Walls
• Floor

Building Thermal Insulation End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• Residential
• Commercial

Building Thermal Insulation Regional Outlook (Volume, Kilotons; Revenue; USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

 Access Press Release of Building Thermal Insulation Market @ https://www.grandviewresearch.com/press-release/global-building-thermal-insulation-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

Cumene Market Size To Hit USD 28.2 Billion By 2025: Grand View Research Inc.

San Francisco, 30 December 2019: The Report Cumene Market Analysis By Production (Zeolite, Solid Phosphoric Acid, Aluminum Chloride), By Application (Phenol, Acetone), By Region, And Segment Forecasts, 2018 – 2025

The global cumene market is expected to reach USD 28.2 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for phenol from various key end use applications such as construction materials, pharmaceuticals, and adhesives, coupled with advancements in the production process of the chemical is expected to drive market growth over the forecast period.

Cumene or isopropylbenzene is derived from the reaction between benzene and propylene. It is produced by using catalysts such as zeolite, aluminum chloride, and phosphoric acid. Isopropylbenzene is mainly used for the production of acetone and phenol. The usage of aluminum chloride and solid phosphoric acid as catalysts in the production process have several disadvantages such as environmental hazard, catalyst non-renewability and high corrosion. These factors have resulted in a shift toward using zeolite as catalysts for production.

Phenol application segment dominated the global demand in 2016. Cumene is mainly used for the production of various phenol derivatives, which includes bisphenol A, caprolactam, and alkyl phenols. These byproducts are used in end use industries such as household appliances, adhesives, construction materials and electronic appliances. The global growth in construction, packaging, electronics and pharmaceuticals industry is expected to contribute a rise in demand for phenol byproducts thus benefitting the overall cumene market growth over the forecast period.

Excessive exposure of cumene can cause adverse effects on human health such as dizziness, headaches, and unconsciousness. It also causes irritation of skin and eyes. Fluctuating oil & gas prices is a cause of concern for cumene producers. However, major producers have integrated themselves among the value chain to deal with price fluctuations.

Access Research Report of Cumene Market @ https://www.grandviewresearch.com/industry-analysis/cumene-market

Further key findings from the report suggest:

• Zeolite production process emerged as the largest segment in 2016 and is expected to generate USD 17.9 billion by 2025. The segment is expected to grow at an expected CAGR of 4.3% over the next eight years.
• Phenol segment is expected to grow at an anticipated CAGR of 4.8% over the forecast period. Strong demand from end use industries such as construction and electronics for by products is a major contributing factor for this scenario.
• The market in Asia Pacific region is projected to witness substantial growth over the forecast period owing to strong demand from countries such as China, India, Japan and South Korea
• Key industry participants include ExxonMobil, BASF SE, China Petroleum & Chemical Corporation, Total S.A., Sinopec Group Ltd., Saudi Basic Industries Corporation, and Dow Chemical Company

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

Grand View Research has segmented the cumene market on the basis of production, application, and region:

Production Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 – 2025)

• Zeolite
• Solid Phosphoric Acid
• Aluminum Chloride

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 – 2025)

• Phenol
  • Phenol resins
  • Caprolactam
  • Bisphenol A
  • Alkyl phenols
  • Others
• Acetone
  • Solvent use
  • Methyl Methacrylate
  • Bisphenol A
  • Aldol chemicals
  • Others
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release of Cumene Market @ https://www.grandviewresearch.com/press-release/global-cumene-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