Oil Free Air Compressors Market Competitive Landscape by Company Overview, Product, Financial Performance and Recent Development

The Global Oil Free Air Compressors Market is expected to reach USD 15.2 billion by 2025, according to a new report by Grand View Research, Inc. Air compressors are heavily used in manufacturing applications, for instance, oil-free air is directly used in various locations as a power source for manufacturing machines. A strong demand from the food & beverage sector, owing to the mandatory health & safety requirements, is expected to drive the oil free air compressors market growth over the forecast period.
Industries such as manufacturing are espousing economical manufacturing methods so as to drive profitability. The surging demand for these systems from operative energy dissemination solicitations due to cost optimizing features is predicted to fuel the industry growth. Factors such as lower installation and maintenance cost are expected to positively elevate the industry growth.

Access for full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/oil-free-air-compressors-market

Further key findings from the report suggest:

• On account of benefits including light-weight and durability the portable oil free air compressors emerged as a dominant segment in 2015, a trend anticipated to continue towards the end of the forecast period.
• Centrifugal oil free air compressors segment is expected to witness rapid growth from 2016 to 2025, which is primarily ascribed to their ability to reduce carbon footprint ensuring clean and reliable air supply.
• The manufacturing sector captured the largest share in 2015; however, home appliances followed by oil & gas segment are anticipated to witness fastest growth owing to the criticality of these products, wherein even a droplet of oil result into the production equipment spoilage.
• Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 4.0% over the forecast period, mainly on account of rapid industrialization and expanding manufacturing sector.
• The market is fragmented in nature and the key purveyors comprise Atlas Copco, Ingersoll Rand, Gardner Denver, General Electric and Bauer Group among others, wherein mergers & acquisitions along with technologically advanced product development remain to be the key strategies adopted to gain competitive advantage.

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Grand View Research has segmented the oil free air compressors market on the basis of product, technology, application and region:

Oil Free Air Compressors Product Outlook (Revenue, USD Million; 2014 - 2025)

• Portable
• Stationary

Oil Free Air Compressors Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Reciprocating
• Rotary/Screw
• Centrifugal

Oil Free Air Compressors Application Outlook (Revenue, USD Million; 2014 - 2025)

• Manufacturing
• Semiconductor & Electronics
• Food & Beverage
• Healthcare
• Home Appliances
• Energy
• Oil & Gas
• Others

Oil Free Air Compressors Regional Outlook (Revenue, USD Million; 2014 - 2025)
       North America

• U.S.
• Canada

Europe

• UK
• Germany

Asia Pacific

• China
• India
• Japan

Latin America

• Brazil
• Mexico

Middle East & Africa
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-oil-free-air-compressors-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
For more Information visit us@ www.grandviewresearch.com

Voice Recognition Market Analysis by Component, Vertical, Application, and Segment Forecast up to 2024

The Global Voice Recognition Market is expected to reach USD 127.58 billion by 2024, according to a new study conducted by Grand View Research, Inc. The increasing number of benefits offered by the voice recognition technology, including the easy accessibility, better productivity, and flexibility are anticipated to drive the demand for speech recognition solutions over the next eight years. The increased demand for high comfort and convenience is also expected to propel the demand. The voice recognition technology exhibits vast potential in various application areas, especially in the home automation system, due to advantages such as convenience and lower energy consumption.

Voice recognition is also a core technology leveraged in the semi-autonomous and autonomous vehicles. The autonomous car industry is expected to witness an explosive growth, which is anticipated to subsequently drive the market growth over the forecast period. However, the high price of AI-based voice control system is anticipated to pose a challenge to market expansion. Additionally, the inability to accurately recognize speech in the regional accent is a key challenge to the market.

Access for full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/voice-recognition-industry

Further key findings from the study suggest:

• Enhanced device dominated the market in 2015with over 50% of the total market share. This is attributed to the increasing usage of voice recognition solutions in home automation and consumer electronics application areas. The software segment is anticipated to grow significantly over the forecast period as several prominent players have open sourced their software development kit code.
• The growing trend toward the development of the artificial intelligence-based system is expected to be the key factor driving industry growth over the foreseeable future. Leveraging deep learning algorithm in voice and speech solutions for better search results is expected to be the key factor for the growth of AI-based application segment.
• The deployment of speech recognition solutions in consumer and home security & automation verticals is anticipated to take the industry ahead at a substantial pace. This can be attributed to the changing lifestyle in several countries including the U.S., Germany, and the UK. The growing adoption of smart electronics in India, China, Japan, and Brazil may also catalyze industry growth in the consumer vertical.
• North America dominated the market (in terms of revenue) representing more than 30% of the total share in 2014. Additionally, North America and Asia Pacific are anticipated to witness a considerable growth due to the presence of several U.S. and China-based players, including Apple, Inc., Facebook, Inc., Baidu, Inc., Amazon.com, Inc., and Alphabet, Inc., working toward the development of this technology. Furthermore, the presence of several notable consumer electronics manufacturers, such as Samsung Electronics, Co., Ltd., with a strong distribution channel in the North American and Asia Pacific regions are expected to be the key factors for industry growth in this region over the forecast period.
• The prominent industry participants include Nuance Communications, Apple, Inc., Baidu, Inc., Alphabet, Inc., and Amazon.com, Inc. These players are focusing on integrating the artificial intelligence technology in order to build superior products to increase their customer base.

View all related Reports from Same Category: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies 

Grand View Research has segmented the global voice recognition market on the basis of components, application, vertical and region:

Voice Recognition Component Outlook (USD Billion; 2013 - 2024)

• Hardware
• Software
  • Automatic Speech Recognition
  • Speaker Verification
  • Audio Mining
• Enhanced Devices

Voice Recognition Application Outlook (USD Billion; 2013 - 2024)

• Artificial Intelligence
• Non-artificial Intelligence

Voice Recognition Vertical Outlook (USD Billion; 2013 - 2024)

• Automotive
• BFSI
• Consumer
• Government
• Retail
• Healthcare
• Home Security & Automation
• Others

Voice Recognition Regional Outlook (USD Billion; 2013 - 2024)
North America

• U.S.
• Canada

Europe

• Germany
• UK
• France

Asia Pacific

• China
• Japan
• India
• South Korea

Latin America

• Brazil

Middle East & Africa
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-voice-recognition-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Water and Wastewater Treatment Equipment Market Analysis 2014 and Forecast up to 2025

The Global Water & Wastewater Treatment Equipment Market size is expected to reach approximately USD 103.41 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rising demand for fresh water mainly owing to population explosion and industrialization across the globe is estimated to amplify the market growth over the years ahead. This, in turn, is projected to enhance the requirements for secondary and tertiary treatment technology based equipment.
In terms of revenue, the market for biological equipment was held at USD 6.28 billion in 2015. This segment is projected to witness considerable growth, especially in municipal applications, owing to rising water infrastructure activities in developing countries including China, India, and South Africa.

Key market players are currently focusing on expanding installed capacity of their water treatment facilities. In April 2011, GE Water & Process Technologies completed the extension of its water treatment facility in Wuxi New Zone, China. The capacity has been doubled in order to curb the increasing demand of clean water and energy in China and other countries in the Asia Pacific region.

Access for Full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/water-and-wastewater-treatment-equipment-market

Further key findings from the report suggest:
·         Disinfection equipment is likely to be one of the fastest growing segments. This category accounted for 7.1% revenue share in 2015. The requirement of chemical free water & wastewater treatments in the U.S and the UK is anticipated to propel the usage of UV disinfection systems.
·         India is estimated to offer lucrative growth prospects over the coming years. High demand for potable water, increase in government initiatives for water reclamation, and the rising foreign investments by global market players such as Va Tech Wabag Ltd., Ecolab Inc., and Suez Environnement S.A. are the major growth supporting factors of the industry in India.
·         Europe generated revenue of over USD 21.0 billion in 2015 and is anticipated to witness stable growth over the forecast period. The implementation of stringent water and wastewater regulations has propelled the research & development activities regarding water treatment nanotechnologies. This scenario is likely to support the stable growth in Germany, France, and UK among other countries in the region.
·         GE Water and Process Technologies, Aquatech International Corporation, Buckman Laboratories International, Inc., Ashland Inc., Best Water Technology AG, Culligan International Company, Suez Environnement S.A., Veolia Environnement S.A., Calgon Carbon Corporation, and Ecolab Inc. are some of the key players operating in the global water & wastewater treatment equipment market.

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Grand View Research has segmented the global water & wastewater treatment equipment market by product, technology, application, and region:

·         Product Outlook (Revenue, USD Million, 2014 - 2025)
·         Membrane Separation
·         Disinfection
·         Biological
·         Sludge
·         Others
·         Technology Outlook (Revenue, USD Million, 2014 - 2025)
·         Primary Treatment
·         Secondary Treatment
·         Tertiary Treatment
·         Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Municipal
·         Industrial
·         Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
§  U.S.
Europe
§  Germany
§  UK
§  France
Asia Pacific
§  China
§  India
§  Singapore
Central & South America
§  Brazil
Middle East & Africa
§  South Africa
§  Saudi Arabia
§  Israel
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-water-and-wastewater-treatment-equipment-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Water Soluble Fertilizers Market Analysis 2015 and Forecast up to 2024

The Global Water Soluble Fertilizers Market is expected to reach USD 22.0 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the product as they improve crop quality and increases crop production output significantly will augment market growth over the forecast period. Increasing crop production in countries including China, India, the U.S., Indonesia, Brazil, Japan and Mexico on account of growing population will drive industry size over the next eight years. Decreasing availability of arable land is expected to fuel the product demand over the forecast period.

Horticultural crops are projected to show significant revenue gains at a CAGR of 6.8% from 2016 to 2024 owing to rising consumption of fruits, vegetables, spices and medicinal plants. Moreover, rapid economic development, government support, advancements in fertilizer manufacturing is anticipated to propel market demand.

Access for full Detail for Report@ http://www.grandviewresearch.com/industry-analysis/water-soluble-fertilizer-market

Further key findings from the report suggest:

• Foliar accounted for 30.4% of the overall volume and will show steady growth in light of rising application in various fruits & vegetables including tomatoes, beans, and melons. However, high cost as compared to fertigation will pose a challenge to its growth.
• Europe accounted for 37.6% of the overall revenue share in 2015 and is expected to witness significant gains in light of rising food security concern owing to growing population along with high export demand for food products including wheat and cereals from Germany, France, Italy and UK. Moreover, the presence of key participants including Yara International, Bunge Ltd., Agrium, Eurochem, Potash Corp, and CF Industries will promote industry growth.
• Latin America will witness substantial revenue rise at a CAGR of 7.2% from 2016 to 2024 on account of the presence of various major participants including The Mosaic Company, Potash Corp, and Haifa Chemicals. Development of agricultural policies and government schemes to promote micro irrigation systems, which dispenses water soluble fertilizers will augment industry size.
• Water soluble fertilizers industry is dominated by major participants including Agrium Inc., Potash Corp, Israel Chemicals Limited, The Mosaic Company, K+S AG, and Yara International ASA. Ongoing product innovation to produce efficient and cost-effective fertilizers is expected to lead to industry expansion over the next eight years.
• In April 2016, Yara International expanded the Rio Grande fertilizer plant capacity in Brazil to create one of the most modern fertilizer sites. In December 2015, Yara International Acquired Greenbelt Fertilizers to expand the fertilizer business in Zambia and surrounding areas that were experiencing fast agricultural growth. In March 2015, Israel Chemicals planned to build a potassium nitrate production plant to meet growing demand for soluble specialty fertilizers.

View all Related Reports from Same Category: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers 

Grand View Research has segmented the global water soluble fertilizers market on the basis of product, crop type, application, and region:

Water Soluble Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Nitrogenous
• Phosphatic
• Potassium
• Micronutrients
• Secondary nutrients

Water Soluble Fertilizers Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Field
• Horticultural
• Plantation
• Turf & ornamental

Water Soluble Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Fertigation
• Foliar

Water Soluble Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
  • U.S.
  • Mexico
  • Canada
• Europe
• Germany
• UK
• Italy
• Russia
• Spain
• Ukraine
• China
• India
• Japan
• Australia
• Malaysia
• Brazil
• South Africa
• Asia Pacific
• Latin America
• MEA

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-water-soluble-fertilizer-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Water Soluble Polymers Market Competitive Analysis by Company Profile, Financial Performance, Product Benchmarking, and Strategies

The Global Water Soluble Polymers Market is expected to reach USD 43.79 billion by 2022, according to a new report by Grand View Research, Inc. Increasing demand for water soluble Polymers in water treatment, EOR techniques, drilling and fracking is expected to increase market size over the next seven years.

Growing personal care and detergents sector in various countries including India, China, U.S., and Saudi Arabia is likely to increase demand. Increasing usage of water soluble Polymers as dispersing and suspending agents, gellants, stabilizers, flocculants and coagulants, film-formers, thickeners, humectants, binders and lubricants will drive industry growth. Mounting consumption in various sectors including paper, mining, agriculture, and textile is expected to drive demand over the forecast period.

Rising environmental concern and increasing efforts to modernize municipal water treatment facilities on account of strict waste water management and municipal water standards is expected to augment industry growth. Asia Pacific is expected to witness high growth as a result of booming food & beverage sector, increasing investment by companies along with growing number of manufacturing facility by BASF and SNF in China. However, fluctuating raw material prices is expected to restrict growth over the next seven years.
Polyacrylamide was the largest segment in 2014 and is expected to gain market share in light of increasing consumption in drilling activities, waste water treatment along with the pulp & paper sector. Polyacrylamide is expected to witness fastest growth at a CAGR of 6.5% from 2015 to 2022 on account of growing consumption in mining and waste water treatment owing to stringent environmental regulations

Access for Full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/water-soluble-Polymers-market

Further key findings from the study suggest:

• Global water soluble Polymers market demand was 6,039.4 kilo tons in 2014 and is expected to grow at a CAGR of 5.8% from 2015 to 2022.
• In 2014, guar gum was the largest product segment and is expected to grow on account of increasing demand from convenience foods along with oil & gas industry. In addition, mounting pharmaceutical demand as a result of various technological advancements is further expected to augment guar gum consumption.
• Oil & gas sector was the second largest application segment in 2014 with demand over 840.0 kilo tons on account of increasing drilling and fracking activities primarily in U.S., China, Argentina, Algeria and Australia. In addition, regulatory support for exploration, development and production of shale gas in order to meet the rising need for natural gas is expected to drive demand.
• Asia Pacific was the largest market in 2014 and is expected to witness swift growth, at an estimated CAGR of 7.0% in terms of volume from 2015 to 2022, owing to increasing industrialization, rising water quality standards along with growing environmental concerns regarding wastewater treatment mainly in China, India and Indonesia.
• The key market players include SNF Group, Ashland Inc., Arkema SA, DuPont, The Dow Chemical Company, BASF, Gantrade, Nitta Gelatin Inc., Kuraray Group, Kemira OYJ, AkzoNobel, Gelita AG, and Shadong Polymers Biochemicals Co. Ltd. Various companies are developing biodegradable Polymerss such as Polyaspartic acid (PASA) which is expected to open new growth avenues. 

View all Related Reports from Same Category: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins 

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

Water Soluble Polymers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Polyacrylamide
• Polyvinyl alcohol
• Guar gum
• Cellulose ether
• Gelatin
• Xanthan gum
• Casein
• Polyacrylic acid
• Others

Water Soluble Polymers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Water treatment
• Food
• Personal care & detergents
• Oil & gas
• Pulp & paper
• Pharmaceuticals
• Others

Water Soluble Polymers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
North America

• U.S.
• Europe
• Germany

Asia Pacific

• China
• India

Latin America

• Brazil

MEA
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-water-soluble-polymer-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Waterproofing Membranes Market Competitive Analysis by Company Overview, Financial Performance, Product Benchmark, and Strategy Development

Global Waterproofing Membranes Market is expected to reach USD 9.49 billion by 2022, according to a new study by Grand View Research, Inc. Increased infrastructural investments by U.S., India and China is expected to propel market growth over the forecast period. In addition, improving infrastructure in developing countries of Central & South America and Asia Pacific has been a key contributing factor to overall growth of the waterproofing membranes market over the past few years and the trend is expected to continue over the forecast period.

Uneven distribution of water precipitation both geographically and seasonally increases need for water conservation, transportation, and treatment which is expected to augment market demand over the next seven years. Liquid applied membrane was the major application estimated at over 1,300.0 million square meters in 2014.

Access for full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/global-waterproofing-membranes-market
Further key findings from the study suggest:

• Bitumen was a majorly consumed product with demand exceeding 35% of global market in 2014. However, polymers including PVC, thermoplastic polyolefin, polyurethane and EPDM are expected to witness fastest growth over the forecast period owing to properties of uniform thickness making its application uniform and easy.
• Liquid applied waterproofing membrane demand was the largest in 2014 accounting for over 65% of the global volume. Increasing need for cost effective high performance water repellents coupled with rising infrastructural expenditure in developing countries has been driving the market over the past few years.
• Roofing was the fastest growing segment valued above USD 1.50 billion in 2014. Growing waterproofing systems demand for roofing applications on account of properties including flexibility, texture, durability, slip and UV resistance will have a positive impact on the market over the forecast period.
• Asia Pacific was the fastest growing regional market, estimated at 364.15 million square meters in 2014. Growing government spending on infrastructure in Asia Pacific region particularly in China and India will propel waterproofing membranes market. In addition, South Korea is expected to show high growth in construction industry owing to private and public investments in commercial, industrial and infrastructure projects which in turn are expected to fuel demand.
• Waterproofing membranes market is fragmented in nature, on account of numerous companies present globally. BASF SE manufactures products under the brand name “MasterSeal” while Pidilite Industries Ltd. produces them under a popular brand called “Dr.Fixit”. Companies including Pidilite, BASF and Dow Chemicals are key manufacturers and suppliers of waterproofing membranes on a global scale.

View all related Reports from Same Category: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials 

For the purpose of this study, Grand View Research has segmented the global waterproofing membranes market on the basis of product, application, end-use and region:

Waterproofing Membranes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• Polymers
  • PVC
  • TPO
  • EPDM
  • Polyurethanes
  • Others
• Bitumen
• SBS bitumen
• APP bitumen
• Polymer modified cement
• Others

Waterproofing Membranes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• Liquid applied membrane
• Sheet membrane

Waterproofing Membranes End-use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)

• Roofing
• Walls
• Building structures
• Landfills & tunnels
• Others

Waterproofing Membranes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)
North America

• U.S.

Europe

• Germany
• UK

Asia Pacific

• China
• India

Latin America

• Brazil

MEA
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/waterproofing-membranes-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Folic Acid Market Competitive Landscape by Competitive Heat Map Analysis, Vendor Landscape, and Competitive Environment

The Global Folic Acid Market is expected to reach USD 666.2 million by 2025, according to a new report by Grand View Research, Inc. Growing consumption of vitamin B9 as a source of an essential supplement during pregnancy by women that minimizes the risk of congenital disabilities in infants is anticipated to augment the market demand in the coming years.

Folic acid is required for the metabolism of specific biochemical reactions and cell division in the body. It plays a significant role in the development of the nervous system in the growing fetus. Moreover, it is involved in the formation of red blood cells, supporting the normal development of the neural tube in the fetus. Market drivers include the increasing demand from pharmaceutical and nutraceuticals industry for manufacturing instant folate-rich food products owing to its health benefits.

Improved medical facilities, increasing disposable income and adoption of social programs by the government to encourage healthcare initiatives have led to growing demand folic acid products. Pharmaceuticals dominated the market in 2015, followed by nutraceuticals. Asia Pacific dominated the folic acid market in 2015 due to the high production of the raw material in emerging economies such as China, which is a primary manufacturer of the vitamins globally.

Companies such as BASF SE, Zydus Pharmaceuticals Ltd., Medicamen Biotech Ltd., Jiangxi Tianxin Pharmaceutical Co. Ltd., Koninklijke DSM N.V., and Emcure Pharmaceuticals Ltd. have implemented acquisition and expansion business strategies to increase their geographical presence. Few global players have invested in R&D amenities to discover advanced and innovative folic products with higher efficacy rate and ease of use.

Access for Full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/folic-acid-market

Further key findings from the report suggest:

• The global folic acid market demand was over 1.68 kilo tons in 2015 and is expected to grow at an estimated CAGR of 3.5% from 2016 to 2025
• Pharmaceuticals dominated the folic acid market with a market share of in 2015. It is used to manufacture vitamin B9 medicines which are prescribed mainly to pregnant women resulting in healthy growth & development of infants.
• Asia Pacific is projected to grow at the highest CAGR of 3.9% on account of the growing demand for medicines and multivitamin products in China, India, and Japan.
• Key companies in the folic acid industry include BASF SE, Zydus Pharmaceuticals Ltd., Medicamen Biotech Ltd., Jiangxi Tianxin Pharmaceutical Co. Ltd., and Koninklijke DSM N.V. among others. Global players have partnered with the folate suppliers for the easy availability of the high-quality raw materials at economical price range.

View all Related Reports from Same Category: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements 

Grand View Research has segmented the global folic acid market on the basis application, and region:

Folic Acid Application Outlook (Volume, Metric Tons; Revenue, USD Million, 2014 - 2025)

• Food & beverages
• Pharmaceuticals
• Nutraceuticals
• Others

Folic Acid Market Regional Outlook (Volume, Metric Tons; Revenue, USD Million, 2014 - 2025)
North America

• U.S.

Europe

• Germany
• UK
• France
• Italy
• Spain

Asia Pacific

• China
• India
• Japan
• Australia

Middle East & Africa
Central & South America
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-folic-acid-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com