Glutathione Resin Market Size Worth $ 777.46 Million By 2028: Grand View Research Inc.

San Francisco, 16 Sep 2021: The Report Glutathione Resin Market Size, Share & Trends Analysis Report By Application (Protein Purification, IP, Research), By Region (Asia Pacific, North America, Europe, MEA, CSA), And Segment Forecasts, 2021 – 2028

The global glutathione resin market size is expected to reach USD 777.46 million by 2028, registering a CAGR of 8.4% over the forecast period, as per the new report by Grand View Research, Inc. The market is majorly driven by the rising product demand on account of the rapid expansion of pharmaceutical industries and vaccine production.

Glutathione is widely used across numerous applications, such as cosmetics and nutraceuticals, owing to its beneficial properties. The product is one of the majorly used skin whitening agents in the cosmetic industry. Nowadays, skin whitening agents, either intravenous, oral, or topical, are widely available in the markets. Thus, the demand for glutathione is expected to increase over the forecast period, specifically in the cosmetic industry.

The growing investments for the development of structure-based drugs and technological advancements by both public and private research organizations are driving the demand for protein purification, in turn, making the protein purification application the dominant application segment and driving the product demand. With the increasing population, the demand for vaccines, pharmaceutical drugs, and high-quality proteins is rising, leading to a growth of the market. Increased government regulations are likely to restrict the market growth to some extent over the forecast period.

North America is anticipated to be the major regional market owing to the presence of highly developed pharmaceutical industries in countries, such as the U.S. and Canada. The pharmaceutical and biotechnology industry for glutathione resin is the biggest in this region owing to the huge demand from the research sector of the regional market. This market has widespread applications across various industries with the number of new players entering into growing pharmaceutical, biochemical, and other application industries.

Access Research Report of Glutathione Resin Market https://www.grandviewresearch.com/industry-analysis/glutathione-resin-market-report

Glutathione Resin Market Report Highlights

  • The key factor contributing to the market growth include the increasing number of companies entering the market to fulfill the demand and supply gaps occurred due to cutback in major producing countries like China, India, and others
  • Moreover, the growing usage of protein purification techniques and products in the research segment is expected to fuel market growth in the forecast period
  • The protein purification application segment accounted for the highest share of more than 41% in 2020. This growth was credited to the increased research activities related to the inclusion of affinity chromatography in vaccine formulations
  • In 2020, Asia Pacific was the largest regional market owing to the growing pharmaceutical R&D sectors in the region. It is estimated to expand further at the fastest CAGR from 2021 to 2028
  • However, in terms of volume, North America accounted for the highest share in 2020 due to high demand from end-use application sectors in the developed economies, especially the U.S.

List of Key Players of Glutathione Resin Market

  • Merck kGaA
  • Bio-Rad Laboratories, Inc.
  • Thermo Fisher Scientific, Inc.
  • Cytiva
  • Takara Bio, Inc.
  • Mitsubishi Corporation Life Sciences Ltd.

Access Press Release of Glutathione Resin Market @ https://www.grandviewresearch.com/press-release/global-glutathione-resin-market

Lactic Acid Market Expanding At A CAGR 8.0% For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 3 June 2021: The Report Lactic Acid Market Size, Share & Trends Analysis Report By Raw Material (Sugarcane, Corn, Cassava), By Application (PLA, Food & Beverages), By Region, And Segment Forecasts, 2021 – 2028

The global lactic acid market size is expected to reach USD 5.02 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2021 to 2028. The market growth can be attributed to the increasing demand for lactic acid in various end-use industries, including industrial, food and beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. Additionally, demand for this product as a feedstock in the production of polylactic acid (PLA) is anticipated to drive the market globally.

Various raw materials used for the production of lactic acid include carbohydrates such as corn, sugarcane, sugar beet, and tapioca. A large share of this product produced globally is obtained through the fermentation process owing to its lower production costs as well as rising consumer awareness regarding sustainable and environmentally friendly products. The production process is commercially mature with a significant number of manufacturers, including Corbion, NatureWorks LLC, Galactic, and Henan Jindan Lactic Acid Technology Co., Ltd., using it.

The raw materials used for the commercial synthesis of this product include maltose or starch, lactose, sucrose, and glucose. These raw materials are derived from various feedstocks, such as barley malt, whey, molasses, and beet sugar, which are used to produce lactic acid via microbial fermentation. The cost of raw material is a key factor to be considered in the fermentation process for the commercial production of this product. They may specifically cater to application areas such as industrial, food and beverage, pharmaceuticals, personal care, chemicals, and agrochemicals.

Polylactic acid is predominantly used to manufacture microwaveable containers, including disposable cutlery and food containers. Multiple beneficial properties such as improved aesthetic appeal and resistance to grease and oil are positively influencing the demand for polylactic acid in the formulation of food packaging products across the globe, further triggering the lactic acid demand.

Access Research Report of Lactic Acid Market https://www.grandviewresearch.com/industry-analysis/lactic-acid-and-poly-lactic-acid-market

Lactic Acid Market Report Highlights

  • In 2020, sugarcane emerged as the dominant raw material segment with a revenue share of over 39.0% owing to its abundant availability in nature, low cost, and environmental friendliness
  • Corn emerged as the second-largest raw material segment in 2020 and is projected to witness considerable growth over the forecast period owing to the rising awareness regarding sustainable products in the major application industries
  • PLA emerged as the dominant application segment in 2020 in terms of both volume and revenue owing to the rising usage in the manufacturing of biodegradable and biocompatible products
  • In 2020, North America emerged as the largest regional market due to the presence of major personal care and cosmetic industries in this region, especially in the U.S.

List of Key Players of Lactic Acid Market

  • BASF SE
  • Galactic
  • Musashino Chemical (China) Co., Ltd.
  • Futerro
  • Corbion
  • Dow
  • TEIJIN LIMITED

Access Press Release of Lactic Acid Market @ https://www.grandviewresearch.com/press-release/global-lactic-acid-and-poly-lactic-acid-market

Flock Adhesives Market is Predicted to Observe a Tremendous Growth, With a CAGR of 4.7% From 2020 To 2027: Grand View Research Inc.

Flock Adhesives Market

San Francisco, 25 Aug 2020: The Report Flock Adhesives Market Size, Share & Trends Analysis Report By Product (Acrylic, Polyurethane, Epoxy), By Application (Textile, Automotive), By Region, And Segment Forecasts, 2020 – 2027

The global flock adhesives market size is anticipated to reach USD 2.87 billion by 2027, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. The market is expected to grow on account of the growing global textile industry which in turn is driven by rising population and increasing disposable income in emerging economies of Asia Pacific.

The ability of flock adhesives to offer significant resistance to chemicals and solvents coupled with superior flexibility and washability are the reasons for their large sale consumption in end-use industries such as textile, automotive, paper, and packaging, among others. In the automotive industry, the product is used for lamination, thermal, and sound insulation, as well as for bonding applications.

In the textile industry, the product is used to improve the aesthetic appearance of the garment. Textile dominated the market in 2019 and is likely to grow the fastest over the coming years. Emerging economies such as India, China, and Indonesia are currently witnessing high economic growth and rising urbanization as compared to developed countries. This has led to higher demand for textiles, which has surged the demand for flock adhesives.

Asia Pacific dominated the market in 2019 as the region is home to a large number of textile manufacturers. For instance, China leads the globe in terms of textile production and is, therefore, the largest consumer of flock adhesives. Moreover, the country also leads the world in automotive production.

The outbreak of the COVID-19 pandemic in the first half of 2020 has drastically affected the global manufacturing sector mainly due to supply chain disruption and diminishing demand. This is likely to hamper industry growth in 2020. However, as compared to other regions, Asia Pacific is likely to recover quickly, as economies such as China and South Korea have significantly regained their manufacturing activities.

Major players in the industry compete on the basis of price and quality of the product. Further customers no longer rely on off the shelf products and are demanding customized solutions specific to their applications. As a result, industry players are increasingly collaborating with stakeholders to provide optimum solutions for their clients.

Access Research Report of Flock Adhesives Market https://www.grandviewresearch.com/industry-analysis/flock-adhesives-market

Flock Adhesives Market Report Highlights

  • Asia Pacific dominated the market with a volume share of approximately 45% in 2019. This large share can be attributed to expanding textile and automotive industries of the region
  • Textile application is projected to register the fastest CAGR of 5.0%, in terms of revenue, from 2020 to 2027, owing to increasing utilization of flock adhesives to improve the aesthetic appearance of the garments and fabric
  • Polyurethane led the market with a volume share of more than 45% in 2019 due to performance advantages such as durability and high impact resistance offered by the product
  • Acrylic is poised to witness the fastest CAGR of 3.6%, in terms of volume, from 2020 to 2027, owing to the versatility offered by the product
  • Automotive garnered a share of roughly 31% in 2019, in terms of volume, owing to rising application of the product for lamination and insulation of automobiles

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

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

Flock Adhesives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 – 2027)

  • Acrylic
  • Polyurethane
  • Epoxy
  • Others

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

  • Textiles
  • Automotive
  • Paper & packaging
  • Others

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

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

List of Key Players of Flock Adhesives Market

  • Henkel AG & Co. KGaA
  • B. Fuller Company
  • Dow
  • Sika AG
  • KIWO
  • NYATEX
  • International Coatings
  • Argent International, Inc.
  • Parker Hannifin Corp
  • Stahl Holdings

Access Press Release of Flock Adhesives Market @ https://www.grandviewresearch.com/press-release/global-flock-adhesives-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

Fluorotelomers Market Size To Hit USD 539.3 Million By 2020: Grand View Research Inc.

San Francisco, 21 Aug 2020: The Report Fluorotelomers Market Size, Share & Trends Analysis Report, By Product (Fluorotelomer Alcohol, Fluorotelomer Acrylate, Fluorotelomer Iodide), By Application (Fire Fighting Foams, Food Packaging, Stain Resistants, Textiles) And Segment Forecasts To 2020

The global fluorotelomers market is expected to reach USD 539.3 million by 2020, according to a new study by Grand View Research, Inc. Increased use of fluorotelomers in fire fighting foams and textiles is expected to drive demand over the next six years. The market is still in the nascent stage and is expected to gain significant share over the forecast period on account of substitution of other flurocarbons.

These products are preferred on account of their nontoxic nature and the fact that they do not bio-accumulate in animals. Fluorotelomer alcohols such as TEOH-4 and TEOH-6 were the largest consumed product segment in 2013 and accounted for over 30% of global consumption. Fluorotelomer iodide is expected to be the fastest-growing product segment at an estimated CAGR of 13.1% from 2014 to 2020.

Access Research Report of Fluorotelomers Market https://www.grandviewresearch.com/industry-analysis/fluorotelomers-market

Further key findings from the study suggest:

  • The global fluorotelomers demand is expected to reach 47,492.4 tons by 2020 growing at a CAGR of 12.5% from 2014 to 2020.
  • Textiles were the largest application market, accounting for over 34% of the global fluorotelomer consumption in 2013. The segment is also expected to witness the fastest growth at an estimated CAGR of 13.6% from 2014 to 2020 on account of enhanced demand from end-use industries.
  • Fire fighting foams and food packaging were key application segments, together generating revenue in excess of USD 130 million in 2013. Fire fighting foams are increasingly being used owing to the strict construction norms in most emerging economies.
  • Asia Pacific was the most dominant regional market accounting for over 46% of global consumption in 2013. The presence of application industries such as textiles is expected to help the region maintain dominant position over the next six years.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

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

Fluorotelomer Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)

  • Fire Fighting Foams
  • Food Packaging
  • Stain Resistants
  • Textiles
  • Others

Fluorotelomer Product Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)

  • Fluorotelomer Alcohol
  • Fluorotelomer Acrylate
  • Fluorotelomer Iodide

Fluorotelomer Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)

  • North America
  • Europe
  • Asia Pacific
  • RoW

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

Medical Grade Ultra High Molecular Weight Polyethylene Market Expected To Witness A Substantial Growth Of USD 1.36 Billion By 2024: Grand View Research Inc.

San Francisco, 20 Aug 2020: The Report Medical Grade Ultra High Molecular Weight Polyethylene (UHMWPE) Market Size, Share & Trends Analysis Report, By Application (Total Hip Replacement, Knee Replacement, Shoulder Replacement, Ankle Replacement, Small Joints) And Segment Forecast To 2024

The global medical grade ultra high molecular weight polyethylene market size was valued USD 1.22 billion in 2015; it is estimated to develop by a high CAGR, in near future. The medical grade ultra high molecular weight polyethylene is recognized to show greater impact strength and resistivity, in comparison with existing thermoplastic. It has an extensive range of applications in electrical engineering, medicinal equipment, and components of the machine, filter equipment and galvanic engineering. Medical grade ultra high molecular weight polyethylene is becoming an appropriate material for the engineers; those are concentrating on improving efficiency of the equipment, resistance to wear and noise reduction. It delivers excellent resistance to impact and abrasion. Furthermore, it works, exceptionally, across a wide variety of temperature. Owing to such outstanding properties, medical grade ultra high molecular weight polyethylene is utilized in a range of procedures of handling the food items and medicinal applications. This material is capable to cut, turned and shaped easily using normal tools required for the wood working operations.

Increasing orthopedic surgical treatments and a growing number of illnesses, such as osteoarthritis, are projected to add to the development of the demand for medical grade ultra high molecular weight polyethylene, in near future. Growth in number of shoulder and knee replacement surgeries is expected to increase the demand for medical grade ultra high molecular weight polyethylene in near future.

Greater demand from the nations such as China, India, South Korea and Japan are powering the general market in Asia Pacific. The presence  of a huge number of aged population in the nation like Japan, speedy urban development growing per capita disposable income, and initiative taken by the government to give excellent medical treatment, are the most important factors, fueling the development of the medical grade ultra high molecular weight polyethylene market, within the region.

Central & South America and Middle East & Africa regional markets are projected to come across a greater development in nearby future. The demand from North America is expected to develop by a 14.0% CAGR. The existence of highly developed medical infrastructure, elevated standard of living and preference for excellent medical treatment, are the most important factors, adding to the escalation of demand in North America.

The nature of the business is oligopolistic. Three topmost companies are holding above 50% share of the entire revenue. The manufacturing companies are taking initiative, for research to launch better variety of medical grade ultra high molecular weight polyethylene fibers; those are safe when it comes in acquaintance with the tissues.

Access Research Report of Medical Grade Ultra High Molecular Weight Polyethylene Market https://www.grandviewresearch.com/industry-analysis/medical-grade-ultra-high-molecular-weight-polyethylene-uhmwpe-market

Further key findings from the report suggest:

  • The global medical grade UHMWPE market demand was 60.9 kilo tons in 2015 and is expected to reach 204.8 kilo tons by 2024, growing at a CAGR of 15.0% from 2016 to 2024
  • Knee replacement had the highest penetration in 2015, and this trend is expected to continue over the next eight years. This scenario is due to a high number of knee replacement surgeries, thus catering to an increasing demand for UHMPWE
  • PET fibers are being replaced by UHMWPE fibers, thus creating avenues for reduced device sizes. Such advents in Research and Development are expected to benefit the overall market growth
  • North America dominated the global industry and accounted for over 35% of total demand in 2015. Existing medical infrastructure and demand for replacement surgeries particularly in the U.S. are the primary attributed reasons for this scenario
  • Major market participants include Honeywell, DSM N.V., LyondellBasell, Celanese Corporation, Quadrant, Braskem, and Asahi Kasei Chemicals Corporation.

Access Press Release of Medical Grade Ultra High Molecular Weight Polyethylene Market @ https://www.grandviewresearch.com/press-release/global-medical-grade-ultra-high-molecular-weight-polyethylene-uhmwpe-market

Copolyester Elastomers Market Size To Hit USD 1,051.5 Million By 2020: Grand View Research Inc.

San Francisco, 20 Aug 2020: The Report Copolyester Elastomers Market Size, Share & Trends Analysis Report By Application (Automotive, Electrical, Industrial, Medical), By Region, And Segment Forecasts, 2014 – 2020

The global copolyester elastomers market is expected to reach USD 1,051.5 million by 2020, according to a new study by Grand View Research, Inc. Growing demand from automobile industry, on account of regulatory mandates to reduce weight of automobiles, is expected to remain a key driving factor for the market. Volatility in raw material prices is expected to hinder the market growth over the forecast period.

Automotive emerged as the leading application segment and accounted for close to 50% of total market volume in 2013. Automotive along with being the largest market is also expected to be the fastest growing market for copolyester elastomers (COPEs), at an estimated CAGR of 4.94% from 2014 to 2020.

Access Research Report of Copolyester Elastomers Market @ https://www.grandviewresearch.com/industry-analysis/copolyester-elastomers-copes-industry

Further key findings from the study suggest:

  • The global market for COPEs was 202.4 kilo tons in 2013 and is expected to reach 279.1 kilo tons by 2020, growing at a CAGR of 4.7% from 2014 to 2020.
  • North America led the global market for COPEs and accounted for just over 39% of total market volume in 2013. Asia Pacific is expected to be the fastest growing market for COPEs at an estimated CAGR of 5.4% from 2014 to 2020.
  • Consumption of COPEs is concentrated predominantly in United States, Europe and Japan with China emerging as a major consumer owing to the growth of domestic automotive industry. North America and Europe are relatively mature markets for COPEs and are expected to grow at a sluggish rate over the forecast period.
  • Some of the major companies operating in the global COPEs market include Bayer Ag, BASF, China Petroleum and Chemical Corporation, Dow Chemicals, DuPont, Huntsman Corporation, LG Chem Ltd., Lubrizol, Mitsubishi Chemical Holdings Corporation, Nippon Polyurethane etc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the copolyester elastomers market on the basis of application and region:

Global Copolyester Elastomers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • Automotive
  • Electrical
  • Industrial
  • Medical
  • Other

Copolyester Elastomers Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 – 2020)

  • North America
  • Europe
  • Asia Pacific
  • RoW

Access Press Release of Copolyester Elastomers Market @ https://www.grandviewresearch.com/press-release/global-copolyester-elastomers-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

Polyphenylene Sulfide Market Expanding At A CAGR Of 8.8% For The Forecast Period From 2019 To 2025: Grand View Research Inc.

San Francisco, 19 Aug 2020: The Report Polyphenylene Sulfide Market Size, Share & Trends Analysis Report, By Application (Automotive, Electrical & Electronics, Industrial, Coatings), By Region, And Segment Forecasts, 2019 – 2025

The global polyphenylene sulfide market size is expected to reach USD 2.14 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to witness a CAGR of 8.8% during the forecast period. Several characteristics including high creep resistance, stiffness and strength, excellent temperature properties, and good chemical resistance are the key factors driving the PPS market growth.

The consumption of in automotive industries is projected to exhibit a significant growth owing to rising application in carburetor parts, exhaust gas return valves, flow control valves intended for heating systems, and ignition plates. PPS is also utilized in industrial applications including grills, hair dryer parts, cooking appliances, as well as serializable laboratory, dental, and medical equipment. This factor is anticipated to spur the product demand over the next few years.

Asia Pacific is anticipated to showcase substantial growth in light of rising living standard and increasing industrialization especially in China and India. Moreover, rising automotive, oil and gas, paints and coatings, and medical sectors will fuel expansion of the PPS market over the next seven years.

Growing demand for electrical and electronics components, including brush holders, motor housing, coil formers, connectors, terminal blocks, and thermostats and switch components in emerging economies including India, China, Malaysia, and Indonesia owing to rising disposable income of consumers is expected to propel polyphenylene sulfide market growth.

Rising consumption in coating applications owing to the high heat resistance, chemical resistance, and excellent electrical properties of polyphenylene sulfide will augment the demand. Also, high consumption in non-stick cookware, food processing, and chemical processing equipment will stimulate product penetration over the next few years.

Access Research Report of Polyphenylene Sulfide Market https://www.grandviewresearch.com/industry-analysis/polyphenylene-sulfide-pps-industry

Further key findings from the report suggest:

  • In terms of revenue, electronics and electrical application is projected to ascend at a CAGR of 8.8% over the forecast years
  • Automotive application led the global PPS market with a volume share of over 31.8% in 2018
  • Industrial, constituting a revenue share of 24.5% in 2018, is projected to exhibit a high growth in the next few years
  • Asia Pacific led the global Polyphenylene Sulfide (PPS) market in 2018 with 62.1% volume share. This trend is projected to continue over the next few years
  • Growing aviation industry on account of increasing government investments in aerospace mainly in India, South Korea, Singapore, and Malaysia is further expected to propel the demand from aerospace market
  • The market is highly competitive in nature. The main players include DIC, Toray Industries, Tosoh Corporation, SK Chemicals, Daicel Corporation, SABIC, Teijin Ltd. and RTP Company
  • Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to estimate existing and future demand patterns from upcoming application segments.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

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

Polyphenylene Sulfide (PPS) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • Automotive
  • Electrical & Electronics
  • Industrial
  • Coatings
  • Others

Polyphenylene Sulfide (PPS) Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

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

Access Press Release of Polyphenylene Sulfide Market @ https://www.grandviewresearch.com/press-release/Global-Polyphenylene-Sulfide-(PPS)-Industry

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

GCC Specialty Chemicals Market Size Is Projected To Reach USD 31.0 Billion By 2027: Grand View Research Inc.

GCC Specialty Chemicals Market

San Francisco, 7 Aug 2020: The Report GCC Specialty Chemicals Market Size, Share & Trends Analysis Report By Product (Construction Chemicals, Industrial & Institutional Cleaners, Oilfield Chemicals, Specialty Polymers), And Segment Forecasts, 2020 – 2027

The GCC specialty chemicals market size is expected to surpass USD 31.0 billion by 2027, exhibiting a CAGR of 4.5% during the forecast period, as per a new report by Grand View Research Inc. Expanding oil and gas, and construction and building industries along with the lucratively growing industries such as automotive, textiles and water treatment among others, in the region are the major factors driving the market growth.

Prominence of oil and gas sector in GCC countries including Saudi Arabia, UAE, Qatar, Oman, and Kuwait has driven the growth of oilfield chemicals such as corrosion inhibitors, demulsifiers, and other high-performance function-based products. Furthermore, government initiatives in line with Vision 2030 focused on economic diversification and reducing their revenue dependence on oil owing to the vulnerabilities of price fluctuations and declining demand in oil & gas sector, is likely to create demand for products from other booming industries in the region. These industries include construction and building, textiles, automotive, and personal care and cosmetics among others. Therefore, the demand for textile additives, polymers, coatings, adhesives, sealants, cosmetic additives, and plastic additives is expected to rise in the forthcoming years.

Rapid growth of construction and building industry of GCC with several upcoming construction projects such as smart cities—NEOM and King Abdullah Economic City—are expected to create a significant demand from construction end use for products such as corrosion inhibitors, waterproofing and wear and tear protection additives among others. Saudi Arabia and UAE that account for 17.2% and 5.7% of the global proved oil reserves are expected to be major markets for oilfield chemicals. Rising sales of cars driven by a few macroeconomic factors including population growth, urbanization, and income growth has driven the demand of automobiles in the region. In addition, new projects of automotive hub development in Saudi Arabia is likely to extend the demand for specialty polymers, coatings, and catalysts. COVID-19 pandemic which has impacted the economies across the geographies, especially U.S., Italy, China, France, Germany, and Spain among others has disrupted the supply chain and resulted in a sharp decline in oil demand owing to industrial shutdowns. This is likely to indirectly restrict the regional market growth.

Government support and new projects coming up in the region have attracted significant players into the GCC market in order to tap such growth opportunities. International players are entering into the market via acquisition, collaboration or alliance with the players of GCC players, for instance the joint venture between The Dow Chemical Company and Saudi Arabian Oil Co. for the formation of Sadara Chemical Company. This is likely to expand the market in region and drive intense competition amongst domestic as well as global players.

Access Research Report of GCC Specialty Chemicals Market https://www.grandviewresearch.com/industry-analysis/gcc-specialty-chemicals-market

GCC Specialty Chemicals Market Report Highlights

  • Oilfield chemicals, construction chemicals and specialty polymers collectively held more than 25% of the market value in 2019
  • Construction chemicals and specialty polymers are expected to witness prominent growth over the forecast period while expanding at CAGRs of more than 5.0% during the forecast period
  • Personal care and cosmetic ingredients and industrial & institutional cleaners are expected to witness lucrative growth between 2020 and 2027
  • Saudi Arabia is likely to hold a dominant market value share, accounting for more than 50% in the whole of GCC region in 2019
  • Strategic alliance with other players in order to increase market penetration and profit margins are likely to be witnessed more during the forecast period

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the GCC specialty chemicals market on the basis of product and country:

GCC Specialty Chemicals Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Specialty Polymers
  • Specialty Gases
  • Institutional & Industrial Cleaners
  • Electronic Chemicals
  • Rubber Processing Chemicals
  • Flavors & Fragrances
  • Construction Chemicals
  • Food & Feed Additives
  • Cosmetic Chemicals
  • Oilfield Chemicals
  • Mining Chemicals
  • Pharmaceutical & Nutraceutical Additives
  • Plastic Additives
  • Printing Inks
  • CASE (Coatings, Adhesives, Sealants & Elastomers)
  • Specialty Pulp & Paper Chemicals
  • Specialty Textile Chemicals
  • Catalysts
  • Water Treatment Chemicals
  • Corrosion Inhibitors
  • Flame Retardants
  • Others

GCC Specialty Chemicals Country Outlook (Revenue, USD Million, 2016 – 2027)

  • Saudi Arabia
  • UAE
  • Kuwait
  • Oman
  • Qatar
  • Bahrain

List of Key Players Operating in the GCC Specialty Chemicals Market

  • Arkema Chemicals Saudi Arabia
  • EVONIK GULF FZE
  • Fayfa Chemical Factory (L.L.C.)
  • Halliburton
  • Horizon Chemicals
  • Huntsman (UAE) FZE
  • Professional Specialty Chemicals Factory (Ahmad Al Amoudi Group)
  • SABIC
  • Sadara Chemical Company
  • Sika Group
  • Tricom LLC

Access Press Release of GCC Specialty Chemicals Market @ https://www.grandviewresearch.com/press-release/gcc-specialty-chemicals-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

Aseptic Packaging Market Expected To Witness A Substantial Growth Of USD 85.47 Billion By 2024: Grand View Research Inc.

Aseptic Packaging Market

San Francisco, 9 July 2020: The Report Aseptic Packaging Market Analysis By Product (Cartons, Bottles, Bags & Pouches, Prefilled Syringes, Vials & Ampoules), By Application (Food, Beverage, Pharmaceuticals) And Segment Forecasts To 2024

The aseptic packaging market has seen huge growth in recent years, and we will see what are the reasons for its high demand. Basically, it involves the filling and sealing of a sterilized product in a sterilized packaging material. The product quality is expected to remain consistent, along with ensuring that it cannot be damaged due to external factors such as transportation and weather. These conditions are met through the use of semi-rigid paper, plastic and aluminum. The paper helps in the shaping of the package, besides providing strength and stiffness. The package is made liquid-tight through the use of low-density polyethylene on the innermost layers. Finally, aluminum acts as a barrier against oxygen and light, prevents refrigeration requirement and acts as a preservative itself.

The large-scale use of plastic in the packaging process is influenced by the low production cost of plastic materials, along with their light weight and easy transportation, as well as energy efficient production process, when compared to metal or glass packaging. However, what has prompted the use of aseptic packaging on such a large scale across different industries, particularly the F&B sector? There has been a drastic change in the life-style of the working population. This demographic demands food on-the-go, and for it to stay fresh long after it has been opened; to put it more clearly, there has been a rapid increase in the demand for hassle free, ready-to-eat meals, and dairy & nondairy products. It also raises the demand for frozen meals, snacks, and pre-mixes for nearly all existing cravings.

Access Blog of Aseptic Packaging Market https://www.grandviewresearch.com/blog/aseptic-packaging-market

Brief Insights On Aseptic Products

Aseptic cartons are generally made using a thin layer of aluminum, plastic, and paperboard. However, rapid changes are taking place to boost their recyclability and attractiveness.

Products in the aseptic packaging market comprise:

  • Bags & Pouches– They are used in aseptic solid raw materials, as well as sterile pharmaceutical auxiliary materials, on account of their sterility and non-toxicity.
  • Bottles– Aseptic bottle filling has caught on quickly with beverage processors and packers. The first aseptic bottle filling line was started in Switzerland in 1961. Europe and Asia are the regions with promising product demand.
  • Cartons– Aseptic cartons are one of the most notable area of implementation of aseptic packaging, with common consumer goods such as fruit juices and milk being carried by them. Cartons, being lightweight, offer great packaging versus product ratio (7%-93%), as opposed to metal cans (13%-87%).
  • Prefilled Syringes–  Prefilled Syringes have seen huge growth in demand in recent years on account of advances in biotechnology and biologics. This aseptic packaging technique offers protection from contaminants and drug degradation, while also eliminating the need for refrigeration.
  • Vials & Ampoules– These are related to syringes, and must be properly sealed so as to avoid any outside contaminants. With advancements in drug delivery and greater need for product safety, vials and ampoules demand attention from manufacturers. Aseptic packaging enables vials & ampoules-carrying medical specimens, drugs, pharmaceutical products, and reactive liquids to be stored without refrigeration during transportation.

Recent Developments In Aseptic Packaging Industry Include:

  • In January 2020, Tofusan, a start-up company in Thailand, teamed up with SIG Combiblocto launch the country’s first organic UHT soymilk in aseptic carton packs, in original flavor and low sugar varieties.
  • In October 2019, Sumol+Compalreleased the Compal brand in Tetra Pak’s ‘Tetra Stelo™ Aseptic 1000 Edge with Bio-based WingCap™ 30’. The former would be bringing a number of juices in the carton, which features an easy grip and one-step opening.
  • In October 2019, ARaymondlife and groningerteamed up with Schott, bringing Schott’s adaptiQ® ready-to use (RTU) vials, ARaymond’s RayDyLyo® RTU plastic press fit caps, and groninger’s Nestfiller machine portfolio. This is expected to better meet the demands for flexibility in aseptic manufacturing process.

Access Press Release of Aseptic Packaging Market @ https://www.grandviewresearch.com/press-release/global-aseptic-packaging-market

Disposable Gloves Market is Predicted to Observe a Tremendous Growth, With a CAGR of  7.8% From 2018 To 2025   : Grand View Research Inc.

Disposable Gloves Market

San Francisco, 18 June 2020: The Report Disposable Gloves Market Size, Share & Trends Analysis Report By Material (Natural Rubber, Nitrile, Vinyl), By Product (Powdered, Powder Free), By End Use (Medical & Healthcare), And Segment Forecasts, 2018 – 2025

The global disposable gloves market size is expected to reach USD 14.93 billion by 2025 at a 7.8% CAGR during the forecast period, according to a new report by Grand View Research, Inc. The industry is anticipated to witness substantial growth over the forecast period owing to increasing demand in hospital and surgical applications.

Growing demand for the product in several industries including automotive, food and beverages, pharmaceuticals, chemical and petrochemical, oil and gas, mining, industrial R&D, academic R&D, and cleanrooms is expected to promote market growth over the forecast period. Stringent regulations regarding safety of workers will also benefit the market.

Rising importance of raw materials offering lightweight properties, comfort, higher heat resistance, and elasticity has been a major incentive for companies to conduct extensive R&D. These initiatives are primarily aimed at achieving multi-functionality of the product and widen its application scope by including innovative add-ons to existing designs.

Technological advancements and increasing concerns pertaining to employee health and safety are estimated to provide lucrative opportunities to market participants over the coming years. Product innovation and usage of sustainable raw materials for glove manufacturing are further estimated to positively impact the market over the next few years.

Access Research Report of Disposable Gloves Market https://www.grandviewresearch.com/industry-analysis/disposable-gloves-market

Further key findings from the report suggest:

  • Natural rubber appeared as the largest raw material segment in 2017, accounting for 36.3% of the revenue. This is owing to superior properties and improved protection offered by the material in food processing and automotive industries
  • By product, the powdered disposable gloves segment is expected to register a CAGR of 4.4% and is likely to witness sluggish growth over the forecast period owing to the ban implemented by FDA on powdered disposable gloves in January 2017
  • Increasing use of disposable gloves in dental and veterinary fields for examination and surgeries is expected to drive demand for medical and healthcare applications. The segment accounted for a 70.1% of the revenue in 2017
  • Asia Pacific is anticipated to exhibit a CAGR of 8.6% over the forecast period. Increasing product demand is attributable to growing utilization of disposable gloves in the hospitals and food and beverages sectors
  • Major players have adopted sustainable solutions keeping in mind long-term benefits and procurement of high-quality raw materials. These materials are examined according to required standards for maintaining product quality.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the global disposable gloves market on the basis of material, product, end use, and region:

Disposable Gloves Material Outlook (Revenue, USD Million, 2014 – 2025)

  • Natural Rubber
  • Nitrile
  • Vinyl
  • Neoprene
  • Polyethylene
  • Others

Disposable Gloves Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Powdered
  • Powder Free

Disposable Gloves End-use Outlook (Revenue, USD Million, 2014 – 2025)

  • Medical & Healthcare
    • Surgical
      • Dental
      • Hospital
      • Veterinary
      • EMS
      • Others
    • Examination
      • Dental
      • Hospital
      • Veterinary
      • EMS
      • Others
    • Non-Medical
      • Automotive Finishing
      • Automotive Aftermarket
      • O&G and Mining
      • F&B Processing
      • F&B Service
      • Metal & Machinery
      • Chemical & Petrochemical
      • Pharmaceutical
      • Cleanroom
      • Academic R&D
      • Industrial R&D
      • Others

Disposable Gloves Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Access Press Release of Disposable Gloves Market @ https://www.grandviewresearch.com/press-release/global-disposable-gloves-market

About Grand View Research

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

For More Information:www.grandviewresearch.com

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