Tuesday 21 February 2017
Burner Management System (BMS) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2025: Grand View Research, Inc.
Burner Management System (BMS) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2025: Grand View Research, Inc.: Burner Management System, Burner Management System Industry, Burner Management System Market, Burner Management System Market Trends, BMS Industry Trends, Burner Management System Market Share, BMS Market, BMS Industry Outlook
Third Party Logistics (3PL) Market Analysis and Forecast Include Current Capacity and Expected Capacity Additions up to 2025
Global Third Party Logistics (3PL) Market is
expected to reach USD 1.24 trillion by 2025, according to a new report by Grand View Research, Inc. The increasing
outsourced-logistics functions availed by middle market companies to address
their logistics challenges, are expected to positively impact the industry
growth.
The domestic and
global markets for outsourced-logistics services are continuously evolving
toward advanced services and cloud-based technologies. The diligence related to
logistics costs has led to an increased focus on the key concerns such as
supply chain sustainability and security. Lowering of inventory costs is
becoming a norm in the automotive and retail sectors, which is providing ample
growth opportunities for 3PL providers.
Third party
logistics providers are strengthening their relationships with freight
providers to optimize their supply chain capabilities. They are also investing
in contemporary IT solutions, commercial offerings, cloud-based solutions, and
proprietary innovations to create a leading-edge approach. Though the economic
conditions are varying across countries, significant improvements are visible
in the key regions of Asia Pacific and North America.
3PL providers allow
businesses to focus on their core activities such as R&D, manufacturing,
and strategic planning, thereby relieving them from the daily burden of
operational logistics issues. The key 3PL vendors use advanced applications and
IT software, which enhance their distribution coverage and provide quality
services to the customers. Omni channel distribution has gained momentum in the
past few years, primarily due to the increased penetration of e-commerce.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/third-party-logistics-market
Further key findings from the report suggest:
- The value added logistics services
segment is expected to be the fastest-growing segment, owing to the
increasing need for inventory management and improved cycle times
- The retail sector is expected to grow at
a CAGR of over 7.5%; this growth can be attributed to the evolution of Omni
channel retailing and the need for data-driven analytics solution to
manage fleet and warehousing
- Airways are expected to witness the
fastest growth over the forecast period as consumers are willing to pay a
premium price to receive products at the earliest
- The Middle East 3PL market is expected
to reach a revenue share of over 8.5% by 2025, due to the increase in
imports and exports and an upward trend in local manufacturing
- The key industry players include DHL,
FedEx Corporation, C.H. Robinson Worldwide, UPS Supply Chain Solutions,
and Kuehne + Nagel International AG
- Several organizations are transitioning
toward 3PL vendors to deliver enhanced transportation management services
for increased visibility and predictability
View Blog on Third Party Logistics (3PL) Market by Grand
View Research: http://www.grandviewresearch.com/blog/third-party-logistics-3pl-market-size-share
Grand View Research
has segmented the Third Party Logistics (3PL) market based on service,
transport, end-use, and region:
3PL Service Outlook (Revenue, USD Billion, 2014 - 2025)
- Dedicated Contract Carriage
(DCC)/Freight forwarding
- Domestic Transportation Management (DTM)
- International Transportation Management
(ITM)
- Warehousing & distribution
- Value added logistics services
3PL Transport Outlook (Revenue, USD Billion, 2014 - 2025)
- Roadways
- Railways
- Waterways
- Airways
3PL End-Use Outlook (Revenue, USD Billion, 2014 - 2025)
- Manufacturing
- Retail
- Healthcare
- Automotive
- Others
3PL Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
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 visit us@ www.grandviewresearch.comGrand 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.
Monday 20 February 2017
Transfection Reagent and Equipment Market Forecasting Include Market usage and adoption trends
Global Transfection Reagent & Equipment Market is expected to reach USD 1,086.02 million by 2022, according to a new report by Grand View Research, Inc. This anticipated growth in demand can be attributed to growing need for protein production, biopharmaceutical development, and vaccine research and development; all of which rely heavily on cytological R&D and transfection.
Larger market entities are also involved in efforts to expand their market presence in the Asia Pacific region and tap the high potential for growth available. Expected growth of genomic and proteomic research is also a strong factor which will positively impact the growth in demand for transfection.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/transfection-
reagents-and-equipment-market
Further key findings from the study suggest:
Grand View Research has segmented Transfection Reagent & Equipment Market on the basis of product, method, application, and region:
Global Transfection reagents & equipment Product Outlook (Revenue, USD Million, 2012 - 2022)
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 visit us@ www.grandviewresearch.com
Larger market entities are also involved in efforts to expand their market presence in the Asia Pacific region and tap the high potential for growth available. Expected growth of genomic and proteomic research is also a strong factor which will positively impact the growth in demand for transfection.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/transfection-
reagents-and-equipment-market
Further key findings from the study suggest:
- Out of both the broad segments of products available, transfection equipment accounted for a larger share of the market in 2014 and owing to their inherently more expensive nature than reagents are expected to maintain this dominant position over the forecast period.
- The market space for transfection has an abundant number of methods to achieve the aforementioned. However, these vary significantly in usage rates and implementation complexities. Electroporation and liposomal transfection combine to account for over 30% of the market owing to high associated advantages.
- Growing applications of transfection techniques poise the segments in a strong position and estimated valuation clocks usage of transfection in gene expression at over USD 130 million and for protein production at over USD 110 million for the year 2014.
- North America was observed to be responsible for the largest share of revenue in 2014 which amounted to a little over USD 240 million. The United States houses the headquarters of operations for a number of market leaders and a number of established research and development. This provides a strong platform for development, manufacture & distribution various vaccines, and biopharmaceuticals which fuels market growth.
- However, it is Asia Pacific region which is anticipated to witness significant growth over the forecast period in various segments owing to considerable growth of cytological research, development of biosimilar drugs and high potential of growth in these relatively untapped regional segments.
- Asia Pacific is expected to grow at a significant rate over the forecast period in terms of increasing production and development of vaccines, drugs, and new biologics. Supportive government initiatives pertaining to increasing investments by manufacturers and governments in biopharmaceutical manufacturing and high untapped market opportunities are the important factors accounting for the expected growth of market in this region over the forecast period.
- Promega, Roche and Thermo Fisher owned Life Technologies accounted for the largest of revenue in 2014 and are involved in new product development for expansion of their portfolios over the forecast period. Acquisition of smaller players is also expected over the forecast period by larger companies
- Key market players in the Transfection Reagent & Equipment Market include BTX (Harvards Apparatus Inc.), SignaGen Laboratories, OriGene Technologies, EMD Millipore, VWR International LLC, Bio-Rad Laboratories Inc., Mirus Bio LLC, F. Hoffman-La Roche AG, Lonza AG, Life Technologies (Thermo Fisher), and Promega Corporation.
Grand View Research has segmented Transfection Reagent & Equipment Market on the basis of product, method, application, and region:
Global Transfection reagents & equipment Product Outlook (Revenue, USD Million, 2012 - 2022)
- Reagents
- Equipment
- Electroporation
- Liposomes
- Particle Bombardment
- Microinjection
- Adenoviral vectors
- Direct microinjection
- Calcium phosphate
- DEAE-dextran
- Magnetic beads
- Activated Dendrimers
- Laser fection
- Gene expression studies
- Protein production
- Transgenic delivery
- Cancer research
- Biomedical research
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Japan
- China
- Brazil
- South Africa
- Asia Pacific
- Latin America
- MEA
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 visit us@ www.grandviewresearch.com
Tuberculosis Diagnostics Market SWOT Analysis, By Factor Political, Economic and Technological
Global Tuberculosis Diagnostics Market is expected to reach USD 3.1 billion by 2024, according to a new report by Grand View Research, Inc. Advent of advanced diagnostic methods such as Interferon-gamma Release Assay (IGRA), serological methods, and nucleic acid testing have resulted in the high usage rate of diagnostics. Moreover, Point of Care (POC) technologies such as antigen assays are also promoting the diagnosis rate of TB.
These advanced methods including POC diagnostics are affordable, accurate, simple, and yield quick results. Furthermore, the rising burden of TB is the primary factor responsible for the lucrative market growth. As per the World Health Organization, the global estimates of patients afflicted with TB were around 9.6 million in 2014. This high prevalence rate has led the government, healthcare organizations, research institutes, and market players to initiate endeavours directed toward containing the incidence of this infectious disease.
The increasing screening rate in the high burden regions, affordability of diagnostics, advanced methodologies, faster clinical decisions, and reduction in mortality rate are the focal areas of development. Improved preventive and curative diagnosis rates are the end results of these initiatives. This has led to a subsequent upsurge in the demand for diagnostic tests and the TB diagnostics market.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/tuberculosis-diagnostics-market
Further key findings from the study suggest:
Grand View Research has segmented the global tuberculosis diagnostics market on the basis of test type, and region.
Global Tuberculosis Diagnostics Test Type Outlook (Revenue, USD Million, 2013 - 2024)
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 visit us@ www.grandviewresearch.com
These advanced methods including POC diagnostics are affordable, accurate, simple, and yield quick results. Furthermore, the rising burden of TB is the primary factor responsible for the lucrative market growth. As per the World Health Organization, the global estimates of patients afflicted with TB were around 9.6 million in 2014. This high prevalence rate has led the government, healthcare organizations, research institutes, and market players to initiate endeavours directed toward containing the incidence of this infectious disease.
The increasing screening rate in the high burden regions, affordability of diagnostics, advanced methodologies, faster clinical decisions, and reduction in mortality rate are the focal areas of development. Improved preventive and curative diagnosis rates are the end results of these initiatives. This has led to a subsequent upsurge in the demand for diagnostic tests and the TB diagnostics market.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/tuberculosis-diagnostics-market
Further key findings from the study suggest:
- Based on tests type, the tuberculosis diagnostics market is segmented into radiographic methods, diagnostic laboratory methods, nucleic acid testing, phage assay, detection of latent infection, cytokine detection assay, and detection of drug resistance.
- Diagnostic laboratory tests dominated the test type segment with 38.0% market share in 2015 as they are cost efficient and easy-to-perform. Diagnostic laboratory tests include smear microscopy and culture-based tests. The high burden regions rely on these methodologies due to their financial and technical incapability to incorporate advanced technologies thus contributing to the growth of the diagnostic laboratory tests segment.
- However, compromised accuracy and the longer processing time are the limiting factor for the diagnostics. Hence, healthcare agencies are striving to implement advanced techniques in the developing regions.
- As a result, nucleic acid tests segment and the latent infection detection segment, which includes skin tests and IGRA, are likely to exhibit a profitable growth rate. These methods overcome the aforementioned limitations thus improving affordability, processing time and accuracy of the diagnostic method.
- Drug resistance in tuberculosis is one of the primary concerns for healthcare professionals as improper treatment due to wrong drug regimen and incorrect dosage forms lead to the development of drug resistance in TB patients undergoing treatment. Hence, the drug resistance detection segment is also anticipated to witness lucrative growth.
- Asia Pacific owing to its huge population base and high burden of TB dominated the global TB diagnostics market in 2015. As per the WHO, countries such as India, China, Afghanistan, and Indonesia are priority regions for control of this communicable disease.
- The players in the TB testing market include Thermo Fisher Scientific, Inc., Hologic Corporation, Abbott Laboratories, Alere, Inc., Becton, Dickinson and Company, F. Hoffmann-La Roche AG, bioMérieux SA, Sanofi, Cepheid, Hain Lifescience GmbH, and QIAGEN.
- New product launches, collaboration, mergers & acquisitions, and regional expansion are the key strategic initiatives undertaken by these industry players
- For instance, in July 2016, bioMérieux launched a novel CE marked database and reagents kit VITEK MS for the identification of TB. This new product launch is anticipated to help the company increase its market share.
Grand View Research has segmented the global tuberculosis diagnostics market on the basis of test type, and region.
Global Tuberculosis Diagnostics Test Type Outlook (Revenue, USD Million, 2013 - 2024)
- Radiographic Method
- Diagnostic Laboratory Methods
- Smear Microscopy
- Culture-based Test
- Nucleic Acid Testing
- Phage Assay
- Detection of Latent Infection
- Cytokine Detection Assay
- Detection of Drug Resistance
- Other Methods
- North America
- U.S.
- Canada
- Europe
- UK
- Russian Federation
- China
- India
- Brazil
- Mexico
- South Africa
- Asia Pacific
- Latin America
- MEA
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 visit us@ www.grandviewresearch.com
Tunable Diode Laser Analyzer Market Forecasting include Market Drivers and Restraints along with their Current and Expected Impacts
Global Tunable Diode Laser Analyzer Market size is expected to reach USD 831.7 million by 2024, according to a new report by Grand View Research, Inc. The bullish growth prospects of the tunable diode laser analyzer market can be attributed to the rapid industrialization and an increasing need for real-time and efficient atmospheric toxic gas measurement and analysis.
Favourable initiatives and regulations by the government and regulatory bodies worldwide regarding industrial emissions across various industry sectors are anticipated to bolster the market growth over the forecast period. Advanced TDL based analyzers have the ability to detect and measure toxic gases such as oxides of carbon, nitrogen, and sulphur along with oxygen and water in very low air density environments accurately. The adoption of TDLAs involves low maintenance cost, seamless detection abilities, and stability, making them preferable over other gas detectors across the end-use industries.
However, the high costs of R&D and interoperability issues are expected to hinder the industry growth over the forecast period. The accessibility to cheaper substitute devices and methods may affect the industry growth in the coming years.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/tunable-diode-laser-analyzer-market
Further key findings from the report suggest:
Grand View Research has segmented the Global Tunable Diode Laser Analyzer market on the basis of measurement-type, industrial application, and region:
Tunable Diode Laser Analyzer Measurement-Type Outlook (Revenue, USD Million, 2014 - 2024)
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 visit us@ www.grandviewresearch.com
Favourable initiatives and regulations by the government and regulatory bodies worldwide regarding industrial emissions across various industry sectors are anticipated to bolster the market growth over the forecast period. Advanced TDL based analyzers have the ability to detect and measure toxic gases such as oxides of carbon, nitrogen, and sulphur along with oxygen and water in very low air density environments accurately. The adoption of TDLAs involves low maintenance cost, seamless detection abilities, and stability, making them preferable over other gas detectors across the end-use industries.
However, the high costs of R&D and interoperability issues are expected to hinder the industry growth over the forecast period. The accessibility to cheaper substitute devices and methods may affect the industry growth in the coming years.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/tunable-diode-laser-analyzer-market
Further key findings from the report suggest:
- The TDLA industry, on the basis of measurement-type, can be segmented into in-situ and others such as extractive-based measurements. The in-situ or on-site type TDLA segment accounted for nearly 65% of the global market share in 2015, owing to the ease of customization, lower cost of ownership, and the control it offers.
- Oil & gas industrial applications contributed to approximately 25% of the overall TDLA market revenue in 2015 and are anticipated to witness a steady growth over the coming years. Such growth can be accredited to the growing demand for the detection of complex hydrocarbon gases and water across upstream, downstream, and midstream process flows across refineries and petrochemical industries.
- The demand for TDLAs in the mining & metal industry was estimated to reach over USD 130 million by 2024, growing at a CAGR of nearly 8% over the next six years. The increasing regulations and safety norms regarding harmful emissions near mining sites are expected to drive the demand for such equipment.
- In 2015, The Asia Pacific tunable diode laser analyzer market accounted for over 25% of the overall market share and is expected to witness a substantial growth over the next eight years. The developing economies of the region, such as India, China, and Japan, are anticipated to offer broad growth avenues for the regional industry growth, owing to the increasing industrialization and modernization of processes in industries including power generation and oil & gas, eventually leading to a surge in the adoption of TDLAs.
- Technological and product innovations drive such a highly dynamic industry. Prominent market players include Siemens AG, ABB Ltd., Yokogawa Electric Corporation, and Endress+Hauser. Vendors are focusing on expanding their presence through inorganic growth strategies such as mergers and acquisition for portfolio enhancement and regional expansion. Moreover, manufacturers are increasingly offering after-sales support and services for their TDLA equipment through its entire lifecycle, from installation to calibration and preventive maintenance repair of the equipment.
Grand View Research has segmented the Global Tunable Diode Laser Analyzer market on the basis of measurement-type, industrial application, and region:
Tunable Diode Laser Analyzer Measurement-Type Outlook (Revenue, USD Million, 2014 - 2024)
- In-situ
- Others
- Power
- Oil & Gas
- Mining & Metal
- Healthcare
- Chemicals
- Fertilizers
- Paper & Pulp
- Cement
- Others
- North America
- Europe
- Asia Pacific
- RoW
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 visit us@ www.grandviewresearch.com
Aerosol Market Report Forecasts Revenue and Volume Growth at Global, Regional and Country Levels
Global Aerosol Market size is expected to reach USD 123.98 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for aerosol products for packaging products such as insecticides and household cleaners is expected to emerge as the primary growth driver over the forecast period.
The market is expected to be driven by the rising demand for aerosol based pharmaceutical products such as pain relief sprays, inhalers, and drug delivery systems. In addition, the industry is likely to exhibit high growth on account of demand for personal care products such as hair sprays, mousses, and shaving foams.
Rising concerns regarding the personal hygiene coupled with high demand for deodorants primarily in Asia Pacific is expected to emerge as a major driver for the market growth over the next nine years. In addition, the market for personal care aerosols is expected to be driven by the increasing product launches by major manufacturers such as Unilever and Procter and Gamble Co.
Increasing product innovation pertaining to the use of aerosol based food products such as spray oils and salad dressings is expected to emerge as the major growth driver over the forecast period. In addition, rising development of advanced propellant mixtures is expected to alleviate consumer concerns regarding toxicity of propellants, leading to an increased affinity towards aerosols.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/aerosol-market
Further key findings from the study suggest:
Grand View Research has segmented the global aerosol market on the basis of application and region:
Application Outlook (Volume, million units; Revenue, USD million, 2014 - 2025)
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 visit us@ www.grandviewresearch.com
The market is expected to be driven by the rising demand for aerosol based pharmaceutical products such as pain relief sprays, inhalers, and drug delivery systems. In addition, the industry is likely to exhibit high growth on account of demand for personal care products such as hair sprays, mousses, and shaving foams.
Rising concerns regarding the personal hygiene coupled with high demand for deodorants primarily in Asia Pacific is expected to emerge as a major driver for the market growth over the next nine years. In addition, the market for personal care aerosols is expected to be driven by the increasing product launches by major manufacturers such as Unilever and Procter and Gamble Co.
Increasing product innovation pertaining to the use of aerosol based food products such as spray oils and salad dressings is expected to emerge as the major growth driver over the forecast period. In addition, rising development of advanced propellant mixtures is expected to alleviate consumer concerns regarding toxicity of propellants, leading to an increased affinity towards aerosols.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/aerosol-market
Further key findings from the study suggest:
- Household emerged as one of the major application segments accounting for over 31% of the global volume in 2015 and is likely to exhibit substantial growth on account of increasing consumption of air fresheners and bug sprays
- The demand volume of the product in medical application is expected to register a CAGR of over 5% from 2016 to 2025 on account of growing new product launches coupled with ease of application achieved through use of aerosol based products
- The market in Asia Pacific is expected to grow at a CAGR of over 7% from 2016 to 2025, on account of rapid development of the personal care industry coupled with increasing penetration of the compound in household products
- The market in the U.S. is expected to account for over 86% of the revenue demand in North America in 2015 on account of high adoption by the consumers in the economy coupled with the high disposable income enabling the purchase of higher priced products
- Major market players such as Procter & Gamble Co, Unilever, Beiersdorf AG rely on new product launches and innovations in the design as the major instruments employed for increasing the market share. The companies are also involved in strategies such as mergers & acquisitions, and capacity additions to increase the revenues.
Grand View Research has segmented the global aerosol market on the basis of application and region:
Application Outlook (Volume, million units; Revenue, USD million, 2014 - 2025)
- Personal care
- Household
- Automotive & Industrial
- Food
- Paints
- Medical
- Others
- North America
- U.S.
- Europe
- UK
- Germany
- China
- Brazil
- Asia Pacific
- Latin America
- Middle East & Africa
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 visit us@ www.grandviewresearch.com
Chitosan Market Segmented on the basis of Application, and Region
Global Chitosan Market is expected to reach USD 17.84 billion by 2025, according to a new report by Grand View Research, Inc. Chitosan market demand is primarily driven by factors including raw material availability, price, and product quality. Rising application scope of the product as an eco-friendly compound in waste water treatment, textile and agrochemical industry is expected to propel demand over the projected period.
Chitosan is a one of the most abundantly available biopolymers and is primarily obtained from shrimp shell waste disposed of by the fishery industry. As a result, integration with fishery industries in order to source raw material is the key factor promoting growth. In addition, abundant availability coupled with low cost of the raw materials is expected to propel demand.
The market was initially dominated by Japanese companies over the past few years. However, other Asian countries including China and India are expected to witness significant growth owing to increasing number of new market players.
The majority of the compound produced lacked purity, which is essential primarily in the pharmaceutical and medical industry, which is expected to hamper growth over the forecast period. In addition, low production volumes and high product cost associated with high purity chitosan are expected to compel manufacturers for product innovation and capacity expansion.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/global-chitosan-market
Further key findings from the report suggest:
Grand View Research has segmented the chitosan market on the basis of application and region:
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 visit us@ www.grandviewresearch.com
Chitosan is a one of the most abundantly available biopolymers and is primarily obtained from shrimp shell waste disposed of by the fishery industry. As a result, integration with fishery industries in order to source raw material is the key factor promoting growth. In addition, abundant availability coupled with low cost of the raw materials is expected to propel demand.
The market was initially dominated by Japanese companies over the past few years. However, other Asian countries including China and India are expected to witness significant growth owing to increasing number of new market players.
The majority of the compound produced lacked purity, which is essential primarily in the pharmaceutical and medical industry, which is expected to hamper growth over the forecast period. In addition, low production volumes and high product cost associated with high purity chitosan are expected to compel manufacturers for product innovation and capacity expansion.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/global-chitosan-market
Further key findings from the report suggest:
- Water treatment is expected to grow at a CAGR over 17% from 2016 to 2025, owing to its high demand for removal of metals and chemicals from wastewater including pesticides, surfactants, phenol and polychlorinated biphenyls
- The demand for the compound in food & beverage application in Europe was valued over 290 Million in 2015 and is expected to grow at significant rate owing to rising demand for wine processing industry
- In North America, cosmetics was the largest application segment for the product with the market value over USD 1.42 billion in 2015 and is likely to grow owing to the rising demand for bio-derived personal care products
- Key players in the industry include Yunzhou Biochemistry Co., Advanced Biopolymers AS, Biophrame Technologies, United Chitotechnologies Inc., Koyo World (Hong Kong) Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd., Agratech LLC., Kraeber& Co. GmbH, Foodchem International Corporation, and FMC Corporation
Grand View Research has segmented the chitosan market on the basis of application and region:
- Chitosan Market Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2025)
- Water Treatment
- Pharmaceutical & biomedical
- Cosmetics
- Food & beverage
- Others
- Chitosan Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2025)
- North America
- Europe
- Japan
- Asia Pacific
- Rest of the World
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 visit us@ www.grandviewresearch.com
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