Nonwoven Geotextiles Market Demand With Top Key Players In The Globe By Historical And Future Forecast Data Till 2025 : Grand View Research Inc.

Nonwoven Geotextiles Market

San Francisco, 31 July 2020: The Report Nonwoven Geotextiles Market Size, Share & Trends Analysis Report By Application (Road Construction, Erosion Prevention, Drainage), By Material, By Region (EMEA, APAC), And Segment Forecasts, 2019 – 2025

The nonwoven geotextiles market size in Europe, Middle East and Africa, and Asia Pacific Region is expected to reach USD 6.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.7% during the forecast period. Favorable government policies for the use and development of geotextiles is expected to boost product demand.

China is anticipated to contribute majorly to the demand for geotextiles owing to its increasing penetration in the construction of new roads and drainage systems. In addition, the Chinese government has invested a large number of resources in infrastructure development, wherein major investments were made in the construction of highways and railways.

Geotextiles are used to control erosion owing to their reinforcement characteristics. In addition, the product aids in holding the soil particles together and also promotes vegetation growth, which reduces erosion in the long run. The use of geotextiles in drainage systems helps create a solution for consistent flow of water, thereby complementing the market growth.

Market participants are actively involved in forming joint ventures and licensing agreements with manufacturers and distributors to gain competitive edge. However, the lack of defined standards in Asia Pacific is anticipated to hamper the product demand over the forecast period.

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Nonwoven Geotextiles Market Report Highlights

  • Polypropylene accounted for 53.9% of the global market share in 2017 owing to excellent chemical resistance of the product to aqueous and alkaline environments coupled with favorable climatic conditions in Europe
  • Product consumption in road construction is expected to expand at a CAGR of 7.3% from 2018 to 2025 on account of increased product penetration in ongoing repair and maintenance of old roads in Europe
  • Middle East and Africa is expected to witness significant growth over the forecast period owing to application of NBR powder for enhancing groundwater level and reducing the risk of road damage
  • Asia Pacific accounted for 65.7% of the global market share in 2017 owing to the massive investments by most governments for railway, highway, and road infrastructure expansion and residential construction
  • Major players in the Europe, Middle East and Africa and Asia Pacific nonwoven geotextiles market are focusing on increasing their sales through the development of new products and increased production through capacity additions, thereby obtaining a significant market share

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Grand View Research has segmented the Europe, Middle East, and Africa and Asia Pacific nonwoven geotextiles market on the basis of material, application, and region:

Nonwoven Geotextiles Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

  • Polypropylene
  • Polyester
  • Polyethylene
  • Others

Nonwoven Geotextiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

  • Road Construction
  • Erosion Prevention
  • Drainage
  • Others

Nonwoven Geotextiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

  • Europe
  • Asia Pacific
  • Middle East & Africa

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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

Energy Storage Systems Market Demand To Reach 210,803 MW By 2026: Grand View Research Inc.

Energy Storage Systems Market

San Francisco, 31 July 2020: The Report Energy Storage Systems Market Size, Share & Trends Analysis Report By Technology (Electrochemical, Electromechanical, Thermal, Pumped Hydro Storage), By Region, And Segment Forecasts, 2019 – 2026

The global energy storage systems market demand is expected to reach a total capacity of 210,803 MW By 2026, according to a new report by Grand View Research, Inc. Growing demand for efficient and competitive energy resources over the last decade has primarily driven the market. It is estimated to register a CAGR of 2.3% from 2018 to 2026.

Rising consumer awareness regarding efficient energy consumption coupled with demand for smart homes with effective load management is expected to play a major role in the development of energy storage system market. Ascending demand by electric utilities, on account of need for distributed energy integration with the main grid, is likely to fuel the growth over the forecast period.

Hybrid systems including start-stop systems, hybrid vehicles, and e-bikes are expected to present the strongest growth opportunity for lithium-ion battery manufacturers. Companies such as AES, GE Renewable, and Altairnano are investing huge capital in R&D of new technologies within the battery storage segment.

Pumped Hydro Storage (PHS) systems is expected to remain a dominant segment by 2026 due to ongoing investments to enhancing on-grid capacity and upgrading energy infrastructure in North America and Asia Pacific. The segment accounted for over 90% of the global energy storage systems capacity in 2017.

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Further key findings from the report suggest:

  • Electrochemical storage capacity is projected to be the fastest growing segment with a CAGR of 12.6% from 2018 to 2026
  • North America is estimated to expand at a CAGR of 4.0% over the forecast period
  • Asia Pacific energy storage systems market holds the largest share globally with a cumulative capacity expected to exceed 102 GW by 2026
  • Electromechanical storage capacity in Germany was estimated to be 688.2 MW in 2017 and is projected to register a CAGR of 3.9% over the forecast period
  • Some of the prominent market players include The Furukawa Battery Co.; GE; Electrovaya; Active Power; Fluence; Saft; EnSync; Maxwell Technologies, Inc.; and AltairNano.

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

Grand View Research has segmented the global energy storage systems market on the basis of technology and region:

Energy Storage Systems Technology Outlook (Capacity, MW, 2014 – 2026)

  • PHS
  • Electrochemical
  • Electromechanical
  • Thermal

Energy Storage Systems Regional Outlook (Capacity, MW, 2014 – 2026)

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

Access Press Release of Energy Storage Systems Market @ https://www.grandviewresearch.com/press-release/global-energy-storage-systems-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

Acrylonitrile Market  Projected To Expand At A CAGR 4.3% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

Acrylonitrile Market

San Francisco, 31 July 2020: The Report Acrylonitrile Market Size, Share & Trends Analysis Report By Application (Acrylic Fibers, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber), By Region, And Segment Forecasts, 2020 – 2027

The global acrylonitrile market size is projected to reach USD 16.5 billion by 2027, expanding at a revenue-based CAGR of 4.3%, according to a new report by Grand View Research, Inc. The increasing demand for acrylonitrile butadiene styrene (ABS) is anticipated to drive growth over the forecast period.

ABS is expected to have strong demand from the automotive, construction, and electronics industries, especially in the developing countries such as China and Brazil. The increasing production of consumer durable electronics in China due to the growing affordability and innovations in the industry are anticipated to propel the demand. ABS offers excellent heat stability and resistance to chemicals making it suitable in the manufacture of electronic devices.

Apart from ABS, styrene-acrylonitrile resins manufactured using acrylonitrile and styrene are also expected to play a key role in fueling the demand for the product. These are used in consumer electronics and automotive manufacturing. These resins are also gaining preference in the pharmaceutical industry due to chemical resistance, dimensional stability, and hygiene and safety benefits.

In spite of the various application of acrylonitrile across major end-use industries, the acrylonitrile market is projected to witness moderate growth over the forecast period. The constant fluctuations in raw material prices, the trade complications of petrochemicals caused by U.S.-China trade war, economic and political disruptions in Iran, and other Middle Eastern countries are likely to hinder the smooth supply of raw materials affecting the production cycle.

The acrylonitrile producers and consumers are under high scrutiny in Europe, due to the health and environmental hazards. In October 2019, INEOS announced a potential closure of its ACN manufacturing plant in U.K. due to high investment of Euro 200 million in order to comply with the environmental standards and regulations. Such issues have resulted in a shift in end-user preference for environment compliant or bio-based polymers, thus restraining the regional market.

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Acrylonitrile Market Report Highlights

  • ABS application dominated the industry with a volumetric share of over 33.5% in 2019. ABS is highly flexible for use in injection molding, blow molding, as well as extrusion processes. It has superior physical, chemical, and mechanical properties and is cost effective as compared to other resins, which is expected to fuel its production, thus positively affecting the acrylonitrile market over the forecast period
  • Carbon fiber is expected to witness the fastest growth rate of 3.1%, in terms of volume, over the forecast period on account of growing demand for lightweight materials from automotive and aerospace sectors
  • Asia Pacific is the largest and fastest growing market, in terms of revenue, on account of high demand for ABS as a replacement of traditional plastics in the end-use sectors, particularly automotive
  • North America accounted for a volume share of 19.3%, in terms of volume, in 2019. According to the National Council of Textile Organizations, the U.S. textiles industry invested over USD 22.8 billion in new plants and equipment from 2006 to 2017. High focus of the manufacturers on production and export of textiles is expected to fuel the demand for acrylic fiber, thereby fueling the demand for acrylonitrile over the coming years
  • In December 2017, Energy Department’s National Renewable Energy Laboratory (NREL) developed a novel method for the production of renewable acrylonitrile. This method is a hybrid biological-catalytic process and uses hydroxypropionic acid (3-HP) as a raw material.

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 acrylonitrile market on the basis of application and region:

Acrylonitrile Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 – 2027)

  • Acrylic Fiber
  • Adiponitrile
  • Styrene Acrylonitrile
  • Acrylonitrile Butadiene Styrene
  • Acrylamide
  • Carbon Fiber
  • Nitrile Rubber
  • Others

Acrylonitrile Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 – 2027)

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

Access Press Release of Acrylonitrile Market @ https://www.grandviewresearch.com/press-release/global-acrylonitrile-acn-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

Silt Curtain Market Expected To Fuel Industry Growth With USD 9.4 Million By 2025: Grand View Research Inc.

Silt Curtain Market

San Francisco, 31 July 2020: The Report Silt Curtain Market Size, Share & Trends Analysis Report By Product (Type I, Type II, Type III), By Application, By Region (North America, Europe, Asia Pacific, CSA, MEA), And Segment Forecasts, 2019 – 2025

The global silt curtain market size is expected to reach USD 9.4 million by 2025, accelerating at a CAGR of 3.9% over the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness regarding environmental degradation and favorable government regulations regarding the use of silt curtains during the construction activities near water bodies are expected to drive the product demand.

The development of marine construction including harbors, ports, dams, and bridges is expected to complement the market growth. This can be attributed to the usage of the product in construction activities to prevent the dispersion of suspended solid particles such as silt, sediments, and construction debris leading to water contamination.

Rapid growth in landscape restoration projects in developed countries such as the U.S. and Japan is anticipated to have a positive impact on the demand for silt curtains. Furthermore, rising awareness concerning environmental mitigation related to marine construction and dredging activities is anticipated to boost product demand.

Increasing penetration of silt curtains in various activities such as excavation, sediment pond management, and tailings dams dredging is likely to augment the market growth. Regulatory trends concerning environmental protection during offshore oil & gas exploration activities have aided the penetration of silt curtains in these applications.

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Silt Curtain Market Report Highlights

  • The type I silt curtains segment accounted for 76.4% of the global revenue in 2018 on account of their increasing usage in calm and secure water bodies where the effect of waves, current, and wind is minimal
  • Erosion control application segment is projected to witness growth at a CAGR of 3.4%, in terms of revenue, from 2019 to 2025, owing to the product’s ability to prevent erosion and hold the soil in areas where other sediment & erosion control techniques cannot be used
  • North America is estimated to witness growth at a CAGR of 4.0%, in terms of revenue, from 2019 to 2025 on account of growing marine construction due to rapid developments in the offshore oil & gas industry
  • Germany accounted for a share of 20.4% in the overall demand generated in European market owing to the increasing product penetration in the country with its use in various restoration activities and infrastructure projects along the shoreline
  • Major players in the silt curtain market provide a wide range of products along with custom designs, secondary components, and installation services, which help companies gain an edge over their competitors.

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 silt curtain market on the basis of product, application, and region:

Product Outlook (Volume, Thousand Square Meters; Revenue, USD Thousand, 2014 – 2025)

  • Type I
  • Type II
  • Type III

Application Outlook (Volume, Thousand Square Meters; Revenue, USD Thousand, 2014 – 2025)

  • Erosion control
  • Construction

Regional Outlook (Volume, Thousand Square Meters; Revenue, USD Thousand, 2014 – 2025)

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

Access Press Release of Silt Curtain Market @ https://www.grandviewresearch.com/press-release/global-silt-curtain-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

School Furniture Market Research, Key Players ,Analysis And Forecast 2025   : Grand View Research Inc.

School Furniture Market

San Francisco, 31 July 2020: The Report School Furniture Market Size, Share & Trends Analysis Report By Product (Storage Units, Seating Furniture, Lab Furniture), By Application (Classroom, Library & Labs), And Segment Forecasts, 2019 – 2025

The global school furniture market size is anticipated to reach USD 6.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing focus on the educational sector across rural and urban areas and compulsory basic education schemes provided by governments around the world are affecting the growth of the market. Furthermore, increasing construction of schools in developing regions has contributed to market growth. According to ISC Research, a prominent supplier of international school data, there were just under 10,300 English-medium international schools across the globe in January 2019, with 5.6 million students enrolled.

Growing trend of ergonomic chairs for comfortable seating has promoted the demand for flexible classroom furniture. Demand for multi-functional tables and chairs that can be used in classrooms, labs, and libraries, among others is also on the rise. Introduction of various raw materials for production of furniture that is more stable, durable, and sustainable has played a key role in market growth. For instance, manufacturers have been making tables, chairs, and benches with materials such as molded plastic, processed or engineered wood, and high-pressure laminate. Demand for space-saving furniture with storage options in classrooms has witnessed considerable rise. For instance, CBT Supply Dba Smartdesks creates smart chairs and tables with stackable options and multi-functional applications for classrooms and offices.

In terms of product, the seating category dominated the market with a share of 51.3% in 2018. This can be attributed to features such as wider application than other pieces of furniture, high durability, and the ability to add mobility and functionality. In addition, growing demand for chairs and tables on castors, which helps to easily rearrange furniture, has fueled segment growth. By application, classrooms accounted for the largest revenue share of 79.9% in 2018. Increasing student enrolment in schools across the globe has upped the need for chairs and tables in classrooms. Introduction of swivel chair designs with ergonomic features has been a recent addition in many schools, looking to replace traditional chairs.

Asia Pacific is expected to register the fastest growth in the market, exhibiting a CAGR of 7.1% from 2019 to 2025. Rising culture of private education in developing countries, owing to better quality of education and facilities as well as focus on numerous extracurricular activities, is fueled by growing disposable income and improving lifestyle. This is projected to have a positive impact on the demand for classroom furniture. For instance, private schools in China accounted for more than 35.0% of total schools in the country, reaching a total of 183,500 schools in 2018.

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School Furniture Market Report Highlights

  • By product, the seating segment dominated the market with a share of 51.3% in 2018. This can be attributed to features such as wide application, high durability, and the ability to add mobility and functionality
  • By application, classrooms accounted for the largest revenue share of 79.9% in 2018. Increasing student enrolment in schools across the globe has upped product demand
  • Asia Pacific is expected to register the fastest growth in the market, exhibiting a CAGR of 7.1% from 2019 to 2025. Rising culture of private school education in developing countries is a key factor driving the regional market
  • Top players operating in the school furniture market include Fleetwood Group; Scholar Craft; VS America, Inc.; Smith System Mfg. Co; Knoll, Inc.; Haworth Inc.; VITRA INTERNATIONAL AG.; Virco; Office Line; and MOBeduc.

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 school furniture market by product, application, and region:

School Furniture Product Outlook (Revenue, USD Million, 2015 – 2025)

  • Seating Furniture
  • Storage Units
  • Lab Furniture
  • Others

School Furniture Application Outlook (Revenue, USD Million, 2015 – 2025)

  • Classroom
  • Library & Labs
  • Others

School Furniture Regional Outlook (Revenue, USD Million, 2015 – 2025)

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

Access Press Release of School Furniture Market @ https://www.grandviewresearch.com/press-release/global-school-furniture-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

Cannabis Beverages Market Projected To Exhibit Robust CAGR of 17.8% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

Cannabis Beverages Market

San Francisco, 31 July 2020: The Report Cannabis Beverages Market Size, Share & Trends Analysis Report By Type (Alcoholic, Non-Alcoholic), By Component (Cannabidiol (CBD), Tetrahydrocannabinol (THC)), And Segment Forecasts, 2019 – 2025

The global cannabis beverages market size is expected to reach USD 2.8 billion by 2025, expanding at a CAGR of 17.8% during the forecast period, according to a new report by Grand View Research, Inc. The market is highly fragmented in nature, owing to the presence of the small and medium scale companies. Majority of the companies are based in Canada owing to the legalization of marijuana for medical and recreational purpose in the country. Rise in legalization of marijuana in order to eradicate the black market and to boost the tax revenue from legal sales of marijuana products is anticipated to positively influence the growth.

Rising popularity of wellness drinks is also expected to support the demand over the forecast period. The legalization of cannabis for medical and recreational purpose has had a strong impact on the sales of alcoholic drinks. As a result, many alcohol manufacturers are investing in the growing trend of marijuana-infused drinks. For instance, Lagunitas, Heineken’s fast-growing California beer label, launched Hi-Fi Hops, which is a cannabis-based beverage with zero calories or carbs and is infused with Cannabidiol (CBD) and Tetrahydrocannabinol (THC). In 2017, Constellation Brands, third largest beer manufacturer in U.S., entered into a partnership with Canopy Growth-world’s largest marijuana grower to develop cannabis-infused beverages.

Consumers are shifting their preference from soft drinks to wellness drinks leading into increasing sale of cannabis beverages. Low sugar content in drinks is the major driving factor for the growth of the market. Also, consumers prefer these beverages as an alternative to cannabis smoking and consumption of marijuana-infused chocolates, cookies, brownies and confectionaries like gummies and candies. Off trade sales channels, such as hotels, cafes, restaurants, clubs, and lounges are expected to boost the popularity of the product among consumers.

Strong demand for cannabis beverages from millennials is also anticipated to drive the market growth. As per a 2017 Yahoo News poll, majority of the 55 million recreational marijuana users in U.S. were millennials. Most millennials consume marijuana socially and only 25% of them consume it alone. A 10-year study by researchers at University of Connecticut and Georgia State University completed in 2017, found that in U.S. counties where marijuana was legalized, wine and beer purchases decreased by 15%.

North America is estimated to be the fastest and largest market over the forecast period. The growth is majorly driven by the legalization of marijuana for medical and recreational purpose. As per the National Conference of State Legislatures, total 33 states, District of Columbia, Guam, Puerto Rico, and U.S. Virgin Islands have approved publicly available medical cannabis program resulting in increased launch of several cannabis drinks. Also, 13 states in U.S. allow the use of low THC and high CBD products for medical purposes, resulting in high demand for CBD infused cannabis drinks in the region.

Europe is estimated to witness strong growth over the forecast period, owing to a rise in cannabis consumers in the region. As per the Cannabis Trade Association, the number of CBD user in U.K. increased from 125,000 in 2016 to 250,000 in 2017. Also, the companies operating in the region are launching products to keep up with the growing trend of wellness drinks. For Instance, Manchester-based CBD Ultra and Cloud 9 Brewing have launched U.K.’s first CBD Session IPA beer brewed with Cannabis Sativa extract.

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Cannabis Beverages Market Report Highlights

  • By Type, non-alcoholic segment was the largest and fastest growing segment in 2018 and is expected to continue leading over the forecasted period, majorly driven by rising product demand from the newcomers and female consumers
  • CBC infused cannabis beverages is estimated to be the fastest growing segment over the forecast period, owing to the non-psychoactive property of CBD
  • In Europe, Netherland hold the largest market share owing to the presence of cafes and restaurants dedicated for cannabis consumption and increasing trend of cannabis tourism in the country
  • Some of the key players operating in the global market include New Age Beverages Corporation; The Alkaline Water Company; Phivida Holdings Inc.; Koios Beverage Corporation.; VCC Brand; Dixie Brands Inc.; Keef Brand; Hexo Corp; Aphria; and Canopy Growth

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

Grand View Research has segmented the global cannabis beverages market report on the basis of type, component, and region:

Cannabis Beverages Type Outlook (Revenue, USD Million, 2015 – 2025)

  • Alcoholic
  • Non-Alcoholic

Cannabis Beverages Component Outlook (Revenue, USD Million, 2015 – 2025)

  • Cannabidiol (CBD)
  • Tetrahydrocannabinol (THC)

Cannabis Beverages Regional Outlook (Revenue, USD Million, 2015 – 2025)

  • North America
  • Europe
  • Rest of the World

Access Press Release of Cannabis Beverages Market @ https://www.grandviewresearch.com/press-release/global-cannabis-beverages-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

Tabletop Kitchen Products Market Is Predicted To Observe A Tremendous Growth, At A  CAGR 3.7% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

Tabletop Kitchen Products Market

San Francisco, 31 July 2020: The Report Tabletop Kitchen Products Market Size, Share & Trends Analysis Report By Type (Dinnerware, Flatware, White Goods, Drinkware), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2019 – 2025

The global tabletop kitchen products market size is anticipated to reach USD 61.3 billion by 2025, expanding at a CAGR of 3.7%, according to a new report by Grand View Research, Inc. Growing economic development coupled with luxury lifestyle is driving demand for tabletop kitchen products on account of increasing prominence towards buffet and self-service concept in the culinary world. It becomes an essential part of the table décor and widely used in various applications such as weddings, family reunions, house parties, and home dinners. Increasing demand for fancy serving ware owing to increasing influence of western culture is increasing traction in the market for different tabletop kitchen products for domestic use. In addition, developments in the food service and hospitality business particularly hotels, restaurants, resorts, and other service providers is expected to fuel demand for tabletop kitchen products over the forecast period.

The growth of travel industry across the globe is driving the hospitality sector, which is certainly boosting the sales of tabletop kitchen products in the market. Increasing growth in the hotel industry is generating a lucrative market for the commercial application of tabletop kitchen products. For instance, U.S. hotel gross bookings have increased from USD 116 billion in 2009 to USD 185 billion in 2017. Thus, indicating growth prospective for tableware and buffet products in the sector.

Additionally, China witnessed 1,062 projects of new hotel construction under operation. This, in turn, has significantly driven the hospitality sector in the country in 2019. Furthermore, travel and tourism also paves the way for innovative products in the tabletop category such as fancy drinkware and flatware. Increasing culture of wine drinking provides growth opportunity for drinkware segments owing to greater need for wine glasses. Boosting beer sales in Asian countries also drives the market for tabletop kitchen products.

Innovative developments in terms of compactness, portability, and convenience of using small kitchen appliances is attracting various consumers towards tabletop kitchen products including white goods. For instance, in 2017, Xiaomi Corporation introduced new extra light weight Mi electric kettle made of matte plastic and stainless steel, which can also be used while travelling. Additionally, Griffin Technology introduced new connected toaster, which is a smart toaster and can get connected to a smartphone as well.

In terms of product, the market is anticipated to witness fastest growth of drinkware category, registering a CAGR of 4.8% from 2019 to 2025. Shifting preference towards drinking wine in the developed countries owing to health benefits of the drink has surged the need for fancy drinkware particularly wine glasses among consumers. Also, increasing consumption of beer and alcohol in the Asian countries, particularly in India and China, is also helping in the growth of other drinkware products.

In terms of application, the commercial sector dominated the market with a revenue based share of 64.6% in 2018. As increasing startups such as Oyo Rooms and FabHotels, the number of hotels has increased to a great extent in the last few years leading to upgrade in services to gain competitive edge. Moreover, increasing construction of commercial spaces such as clubs, marriage halls, and group centers also showcase growth opportunity for buffet and self-service concept, which is expected to boost the market in the forecast period.

Asia Pacific witnessed growth in the market with a revenue based market share of 4.7% in 2018. Presence of large number of manufacturers of tabletop kitchen products in the region is also one of the major driving factors for the market.

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Tabletop Kitchen Products Market Report Highlights

  • The dinnerware segment is expected to reach USD 21.3 billion by 2025, growing at a CAGR of 3.5% from 2019 to 2025
  • The residential segment was valued at USD 16.8 billion in 2018 and is expected to reach USD 21.4 billion by 2025
  • North America region is expected to witness substantial growth over the forecast period with a revenue based CAGR of 4.1% from 2019 to 2025
  • Top players’ operating in the tabletop kitchen products market are Arc International, Zalto, Haier, The Oneida Group, The Vollrath Company, Hendi, Matfer Bourgeat International, and BSH Hausgeräte GmbH.

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 tabletop kitchen products market by type, application, and region:

Tabletop Kitchen Products Type Outlook (Revenue, USD Billion, 2015 – 2025)

  • Dinnerware
  • Flatware
  • Whitegoods
  • Drinkware
  • Buffet Products
  • Others

Tabletop Kitchen Products Application Outlook (Revenue, USD Billion, 2015 – 2025)

  • Commercial
  • Residential

Tabletop Kitchen Products Regional Outlook (Revenue, USD Billion, 2015 – 2025)

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

Access Press Release of Tabletop Kitchen Products Market @ https://www.grandviewresearch.com/press-release/global-tabletop-kitchen-products-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Curling Irons Market Size Is Poised To Reach USD 4.77 Billion By 2025: Grand View Research Inc.

Curling Irons Market

San Francisco, 31 July 2020: The Report Curling Irons Market Size, Share & Trends Analysis Report By Product (Curling Tongs, Curling Wands), By Application, By Distribution Channel (Hypermarket/Supermarket, Online), And Segment Forecasts, 2019 – 2025

The global curling irons market size is anticipated to reach USD 4.77 billion by 2025, exhibiting a 5.8% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Availability of hair styling tools offering digitally precise heat and speed adjustments along with vitamin coatings for better protection from heat is contributing to the growth. In addition, rising preference for affordable grooming products and hair appliances is projected to witness growth of the product over forecast period.

Rapid technological advancements are anticipated to drive the demand for curling irons. Introduction of digitally-controlled appliances with faster heating times and 360 degree curling option has advanced the product features is expected to attract consumers. For instance, T3 Micro Inc. offers TWIRL 360, which is an auto-rotating curling iron incorporating Digital T3 SinglePass technology to maintain even temperature and to form flawless curls.

Innovation and introduction of additional product features are also expected to fuel the growth. For instance, it’s the Nutrifusion line by Revlon, Inc. offers three curling irons and one straighteners to help hair conditioning with moringa and macadamia to protect the natural luster of hair. In October 2018, Dyson launched a new hair styling product, the Airwrap Styler. The product can be used to easily curl, wave, smooth, and dry hair with the help of air currents and low amount of heat. Rising popularity of fashion influencers and online hair styling tutorials is anticipated to further propel the demand for curling irons. Beauty brands are focusing on engaging consumers through beauty bloggers, fashion influencers, and celebrities.

In terms of product, curling tongs led the market in 2018. Advanced features, such as manual heat adjustments are expected to drive the product demand in the forthcoming years. Different materials, such as ceramic, simple metal, and tourmaline are used in the heating plate to protect hair strands and to eliminate the damage. This factor is expected to boost the acceptance of curling irons among the professionals as well as regular consumers.

Residential application segment is projected to expand at the fastest CAGR of 6.0% from 2019 to 2025. Rising preference for low cost self-grooming appliances for at-home styling is expected to drive the growth. Also, increased travel and tourism activities encourage consumers to buy portable appliances, which in turn is projected to boost the segment growth over the forecast period. For instance, Conair Corporation provides Conair MiniPRO Cordless 3/4-Inch Ceramic Curling Iron compatible for travelling.

North America dominated the global curling irons market, accounting for 36.0% revenue share in 2018. Presence of a high number of hair stylists in the region is also expected to drive the demand for curling irons from the commercial application segment. To put this into perspective, over 45000 people in Texas were employed in the hair stylist industry in 2017. Thus, the regional market is poised to witness significant growth during the forecast period.

Access Research Report of Curling Irons Market @ https://www.grandviewresearch.com/industry-analysis/curling-irons-market

Curling Irons Market Report Highlights

  • Curling wands is expected to register a CAGR of 6.1% from 2019 to 2025
  • Commercial segment is expected to reach USD 3.5 billion by 2025, owing to increased number of professional hair stylists
  • Asia Pacific is anticipated to witness the fastest CAGR of 6.3% over the forecast period
  • Top players operating in the curling irons market are Koninklijke Philips N.V.; Conair Corporation; Helen of Troy; Curlingiron.org.; Spectrum Brands, Inc.; Lunata Beauty; Dyson; Revlon, Inc.; Andis Company; and Geloon

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

Grand View Research has segmented the global curling irons market by product, application, distribution channel, and region:

Curling Irons Product Outlook (Revenue, USD Million, 2015 – 2025)

  • Curling Tongs
  • Curling Wands
  • Others

Curling Irons Application Outlook (Revenue, USD Million, 2015 – 2025)

  • Residential
  • Commercial

Curling Irons Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)

  • Hypermarket/Supermarket
  • Convenience Stores
  • Online

Curling Irons Region Outlook (Revenue, USD Million, 2015 – 2025)

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

Access Press Release of Curling Irons Market @ https://www.grandviewresearch.com/press-release/global-curling-irons-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

Battery Management System Market Projected To Exhibit Robust CAGR of 19.0% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

Battery Management System Market

San Francisco, 30 July 2020: The Report Battery Management System Market Size, Share & Trends Analysis Report By Battery Type (Lithium-Ion, Lead-acid, Nickel), By Topology (Centralized, Modular), By Application, And Segment Forecasts, 2019 – 2025

The global battery management system market size is anticipated to reach USD 12.23 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to exhibit a CAGR of 19.0% over the forecast period. Increasing use of renewable energy for a variety of applications due to rising concerns regarding climate change across the globe is expected to play a key role in the overall market development. Decreasing prices of batteries and solar photovoltaic cells and favorable government incentives are also encouraging end users to use renewable energy, which, in turn, will boost market growth.

However, renewable power sources, such as wind and solar are affected by weather, location, time, etc. leading to inconsistencies when it comes to energy supply. The use of Energy Storage Systems (ESS) in these scenarios helps smoothen these variabilities and store energy for future use. Demand for effective BMS will increase in future owing to the huge investments made by a number of countries for the larger adoption of renewable energy. Lead-acid batteries are the most commonly used batteries in ESS owing to applications, such as standalone battery systems used to handle output fluctuations from the wind and solar power.

Electricity grids are undergoing modernization through implementing power flow measurement, exercising a larger control on power production and distribution, and monitoring information on electricity use. Further, transmission and distribution of electricity through grids includes transformers, substations, and power lines that transport electricity from the point of generation. When electricity is distributed though transmission line, it loses its transmission due to high voltage and consumption patterns. Hence BMS helps maintain the balance between excess energy supply and demand. This factor is expected to boost the product demand over the coming years.

Access Research Report of Battery Management System Market https://www.grandviewresearch.com/industry-analysis/battery-management-system-bms-market

Further key findings from the study suggest:

  • Growing penetration of UPS solutions in the IT and medical industries to bring down chances of data loss due to unexpected power cuts/outages is expected to spur the demand for BMSs
  • Lithium-ion-based battery type is anticipated to witness the highest CAGR of 24.2% over the projected period owing to its applications in products requiring high-energy density solutions, such as Electric Vehicles (EVs), and personal applications, such as mobile phones
  • Based on topology, centralized BMSs are anticipated to lead the market over the forecast period due to growing scope of applications, such as in industrial UPS, EVs, drones, and ESS
  • Stringent regulations aimed at reducing carbon emissions in developed countries and growing penetration of EVs in emerging economies is expected to spur the product demand in the automotive sector
  • Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2019 to 2025. Several countries are encouraging the usage of EVs to bring down the levels of noise and air pollution, which, in turn, will augment the market growth in this region
  • Some of the key companies in the global BMS market include Texas Instruments, Inc. (U.S.); NXP Semiconductor N.V. (Netherlands); Elithion, Inc. (U.S.); and Vecture, Inc. (U.S.)

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

Grand View Research has segmented the global battery management system market on the basis of battery type, topology, application, and region:

Battery Management System Battery Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Lithium-ion-based
  • Lead-acid-based
  • Nickel-based
  • Flow batteries
  • Others

Battery Management System Topology Outlook (Revenue, USD Million, 2014 – 2025)

  • Centralized
  • Distributed
  • Modular

Battery Management System Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Automotive
  • Consumer Electronics
  • Medical & Healthcare
  • Military & Defense
  • Renewable Energy Systems
  • UPS
  • Telecommunication
  • Others

Battery Management System Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa (MEA)

Access Press Release of Battery Management System Market @ https://www.grandviewresearch.com/press-release/global-battery-management-system-bms-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

ASEAN Ceramics Market Size Is Projected To Reach USD 69.08 Billion By 2025: Grand View Research Inc.

ASEAN Ceramics Market

San Francisco, 30 July 2020: The Report ASEAN Ceramics Market Size, Share & Trends Analysis Report By Product, By Application (Sanitary Ware, Table & Ornamental Ware, Abrasives, Bricks), By End-Use, And Segment Forecasts, 2018 – 2025

The ASEAN ceramics market size is anticipated to reach a market size of USD 69.08 billion by 2025, expanding at a CAGR of 8.2%, according to a new report by Grand View Research, Inc. The growing construction industry and rising government spending on infrastructural development are expected to have positive impacts on the market growth over the forecast period. The rising need for ceramic tiles in restaurants, offices, malls, and resorts will augment product demand growth over the next eight years.

Traditional and advanced ceramics are the two product categories of ceramics. The traditional product segment is growing on account of its increasing application in the manufacturing of clay bricks, tableware, and porcelain tiles. The advanced product segment is expected to grow over the forecast years mainly on account of their capability of performing under extreme conditions. These materials exhibit a very high degree of industrial efficiency, which has resulted in rising demand for the product from various industries, including heavy machinery, automotive, energy, cutting tools, and defense.

Ceramic tiles were the largest application segment for ASEAN ceramics, accounting for 25.5% of the ASEAN ceramics industry revenues in 2016. The number of construction projects are on the rise owing to the demand for residential infrastructure and renovation of existing buildings, most notably in rapidly-emerging countries such as Indonesia and Malaysia. This is proving to be a major driver for ceramic tile manufacturers in the region.

Access Research Report of ASEAN Ceramics Market https://www.grandviewresearch.com/industry-analysis/asean-ceramics-market

Further key findings from the report suggest:

  • The ASEAN ceramics market was estimated at USD 33.98 billion in 2016, and is expected to grow at a CAGR of 8.2% from 2017 to 2025, driven primarily by the increasing need for the products in housing, construction, and industrial applications.
  • The medical segment is slated to experience the fastest growth, in terms of revenue, projected to grow at a CAGR of over 8.5% during the forecast period, resultant from the increasing use of ceramics in the medical sector for orthopedic functions.
  • The traditional product segment was observed to be the largest revenue-accruing product segment in 2016, and is estimated to grow at a CAGR of about 8% till 2025. The advanced product segment is projected to witness higher growth during the forecast period, owing to increasing application scope in high-performance applications.
  • The industry in Indonesia is projected to witness substantial growth over the next eight years owing to significant growth of the medical and housing & construction industries. In terms of revenue, the market in Indonesia is expected to grow at a CAGR of 10.5% during the forecast period.
  • Acquisitions accounted for the highest share among strategic initiatives undertaken by players involved in the ASEAN ceramics industry. For instance, in July 2017, Saint-Gobain acquired Kirkson Industrial Reinforcements GmbH, with the objective of consolidating their position in the high-performance solutions segment for the housing & construction end-use vertical.

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 ASEAN ceramics market on the basis of product, application, end use, and region:

ASEAN Ceramics Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 – 2025)

  • Traditional
  • Advanced

ASEAN Ceramics Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 – 2025)

  • Sanitary ware
  • Table & ornamental ware
  • Abrasives
  • Bricks, roof tiles and pipes
  • Refractories
  • Ceramic tiles
  • Decorative ceramic tiles
  • Packaging
  • Fine art ceramics
  • Others

ASEAN Ceramics End Use Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 – 2025)

  • Housing & construction
  • Industrial
  • Medical
  • Others

ASEAN Ceramics Country Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 – 2025)

  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • Vietnam

Access Press Release of ASEAN Ceramics Market @ https://www.grandviewresearch.com/press-release/asean-ceramics-market-analysis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

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