Structural Heart Devices Market is projected to grow at a CAGR of 9.15% over the forecast period 2014-2025

Global Structural Heart Devices Market is expected to reach USD 9.1 billion by 2025, based on a new report by Grand View Research, Inc. The market is expected to witness an exponential growth over the next 8 years due to the rapid increase in cardiovascular conditions and increasing power of healthcare expenditure.

The defects are mostly present at birth, thereby directly affecting the under-5 mortality rate of a country. Therefore, rigorous actions are being undertaken by various government bodies across the globe to increase access to treatment. The Centers for Disease Control and Prevention have a public action plan to efficient management of cardiac conditions.

In addition, other organizations are working on improving the scenario for structural heart diseases treatment. For instance, in November 2016, the Cardiovascular Research Foundation (CRF) announced a launch of a journal focusing on diagnosis and treatment of structural heart defects. It was titled Structural Heart: The Journal of the Heart Team and is expected to be launched in May 2017. This is expected to trigger research & development activities along with capital invested in this field, resulting in technological advancements.

Access Full Research Report on Structural Heart Devices Market: http://www.grandviewresearch.com/industry-analysis/structural-heart-devices-market

Further key findings from the study suggest:

• Surgical Aortic Valve Replacement (SAVR) dominated the market in 2016, closely followed by Trans catheter Aortic Valve Replacement (TAVR). It can be attributed to the longest presence of the technique in the treatment regimen of aortic stenosis
• Left Atrial Appendage Closure (LAAC) is anticipated to be one of the fastest growing segment owing to the minimally invasive nature of the procedure. It also helps in reduction of risk of stroke, thus is projected to have a higher demand
• Geographically, North America held the largest market share in 2016 and is expected to maintain its position during the forecast period. High prevalence of cognitive heart diseases is the key reason for this dominance. Moreover, the mandatory CCHD screening for new-borns imposed by the Centers for Disease Control and Prevention (CDC) and American Academy of Pediatrics (AAP) in September 2014 also contributes to the growth in this region
• Asia Pacific is also expected to witness a rapid growth over the forecast period. The improved access and capability for treatments in this region is the key reason for this growth
• Some of the key players are Medtronic, ST. JUDE MEDICAL, Boston Scientific Corporation, CardioKinetix, Comed BV, Edwards Lifesciences Corporation, LivaNova PLC, Abbott Laboratories, JenaValve Technology, Inc., and Biomerics

View More Related Reports From Same Category by Grand View Research: http://www.grandviewresearch.com/industry/healthcare

Grand View Research has segmented the Structural Heart Devices Market by type and region:

Type Outlook (Market Revenue in USD Million, 2014 - 2025)

• SAVR
• TAVR
• Mitral Repair (Annuloplasty)
• LAAC

Regional Outlook (Market Revenue in USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Mexico
• Middle East and Africa
• South Africa

View Blog on Global Structural Heart Devices Market By Grand View Research: http://www.grandviewresearch.com/blog/structural-heart-devices-market-size-share

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

Aluminum Composite Panels Market Outlook by Market Variables, Trends and Scope 2014-2025

Global Aluminum Composite Panels Market is expected to reach USD 8.26 billion by 2025, according to a new report by Grand View Research, Inc. The rapid growth of the construction and infrastructure industries, most notably in emerging regions, is expected to drive the growth of the aluminum composite panels (ACP) market over the coming years.

The growth in population and urbanization have resulted in increased demand for infrastructure development as well as residential construction, thereby increasing the pressure on the construction sector worldwide. The superior properties of ACPs, including corrosion resistance, wear resistance, and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry.

The widening application scope of ACP in the automotive industry is also expected to have significant impacts on the overall industry growth during the forecast period. The growing automotive production, mainly in China, Malaysia, Japan, Indonesia, and Taiwan, is expected to propel demand for the product in the automotive sector in Asia Pacific, wherein a majority of the automotive production in concentrated presently. The application of ACPs in automotive is expected to witness growth to the tune nearly 8%, in terms of revenue, in Asia Pacific during the forecast period.

ACPs in light commercial vehicles are expected to observe the highest growth over the forecast years, at an estimated CAGR of nearly 7% from 2016 to 2025. The increasing use of LCVs in the logistics & transportation industry propels the demand for LCVs worldwide. The application scope of ACPs in passenger cars is also expected to rise considerably over the coming years. In passenger cars, the major application areas for ACPs include side panels, door panels, and hoods.

Access Full Research Report on Global Aluminium Composite Panel Market: http://www.grandviewresearch.com/industry-analysis/aluminum-composite-panel-market

Further key findings from the report suggest:

• The global aluminum composite panels revenue exceeded USD 4,000 million in 2015 and is expected to grow significantly during the forecast years, mainly due to the rising application scope of the product in the construction industry worldwide
• PVDF was recorded to be the largest product segment in 2015 and is estimated to generate revenue over USD 5,000 million by 2025; the large share of this segment can be attributed to superior product properties such as resistance to wear & tear, UV, corrosion, water, combined with low costs
• The global demand in construction was over USD 4,000 million in 2015 and is anticipated to witness the highest growth over the forecast period; the rapid growth of the construction industry in emerging regions, on account of economic & industrial growth and urbanization, can be regarded as the major factor driving the aforementioned trend
• In the automotive application segment, the cars segment emerged as the largest end-use segment in 2015, accounting for over 70% share of the overall revenues in 2015, mainly on account of the relatively higher production output associated with the segment, among all vehicle types
• The industry in Asia Pacific is projected to witness substantial growth over the coming years, primarily due to the growing infrastructure development and construction activities in the region. The regional industry is slated to grow at a CAGR of 7.4% from 2016 to 2025, in terms of volume; the growth of the concerned industry in the region can be attributed to the rapid growth of construction and automotive industries in key countries
• The major players in the industry include Alcoa, Interplast, Aludecor, Alubond U.S.A, and 3A Composites, together accounting for a major share in the global aluminum composite panels market.

View More Related Reports from same category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the Global Aluminum Composite Panels Market on the basis of product, application, and region:

Product Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 - 2025)

• PVDF
• Polyester
• Laminating Coatings
• Oxide Film
• Others

Application Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 - 2025)

• Construction
• Automotive
• Advertisement Boards
• Railways
• Others

Regional Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• Saudi Arabia

View Press Release on Global Aluminium Composite Panel Market By Grand View Research: http://www.grandviewresearch.com/press-release/global-aluminum-composite-panel-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

Bone Densitometers Market Report Forecasts Revenue Growth 2014-2025

Global Bone Densitometers Market is expected to reach USD 1.2 billion by 2025, according to a new study by Grand View Research, Inc. The growing prevalence of metabolic bone diseases is believed to be responsible for the high clinical urgency to adopt bone densitometers, thereby impelling the market demand. Growing base of geriatric and obese population, which is highly susceptible to developing disorders such as osteoporosis, is anticipated to propel the demand further. The aforementioned factors are slated to present the market with lucrative growth opportunities over the coming years.

Moreover, presence of consistent number of health initiatives to promote awareness pertaining to osteoporosis is anticipated to broaden market growth potential over the coming years. For instance, National Osteoporosis Foundation (NOF), a government healthcare organization that conducts National Bone Health Alliance and Fracture Liaison Service (FLS) care coordination programs, is focused on elevating awareness levels pertaining to available diagnostic & treatment alternatives for osteoporosis. It also encourages training of healthcare professionals for efficient management of osteoporosis. 

In addition, advent of technologically advanced devices, such as portable densitometers, is presumed to fuel their adoption in home healthcare. Other technological advancements include implementation of advanced hip assessment software into DXA systems that enabled non-invasive assessment of proximal femur structural geometry. Additional associated benefits include depiction of wide array of parameters such as skeletal mapping, hip axis length assessment, areal BMD determination, and cross-sectional area & the femoral strength index.

Access Full Research Report on Global Bone Densitometers: http://www.grandviewresearch.com/industry-analysis/bone-densitometers-market

Further Key Findings from the Study Suggest:

• Peripheral bone densitometry is expected to exhibit lucrative CAGR owing to increasing adoption in wide array of clinical applications. The high penetration can be attributed to efficient peripheral fracture risk assessment, not achievable by other technologies
• Clinics are anticipated to exhibit lucrative CAGR during the forecast period owing to advent of portable densitometers that are increasingly being preferred by clinicians due to associated benefits such as compact size, accuracy, and ease of transportation
• In 2016, North America held a dominant share of the global bone densitometers market, as a consequence of increasing localized presence of prominent companies undertaking competitive sustainability strategies
• Asia Pacific is anticipated to grow at an exponential CAGR due to unmet patient needs, continuous technological & infrastructural upgradation, and growing healthcare expenditure
• Some key participants implement various competitive strategies, such as new product development & frequent product approvals, to maintain their position in the market
• For instance, in October 2016, BeamMed launched neonatal bone growth assessment software for premature babies, which is compatible with most of the densitometer tools

View More Reports from same category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Bone Densitometers Market on the basis of technology, end use, and region:

Bone Densitometers Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Axial Bone Densitometry
• Dual Energy X-Ray Absorptiometry (DEXA)
• Quantitative Computed Tomography (QCT)
• Peripheral Bone Densitometry
• Single Energy X-Ray Absorptiometry (SEXA)
• Dual Energy X-Ray Absorptiometry (PDEXA)
• Radiographic Absorptiometry (RA)
• Quantitative Ultrasound (QUS)
• Peripheral Quantitative Computed Tomography (pQCT)

Bone Densitometers End-Use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Clinics

Bone Densitometers Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• Japan
• China
• India
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

View Blog on Global Bone Densitometers Market By Grand View Research: http://www.grandviewresearch.com/blog/bone-densitometers-market-size-share

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

Spinal Pumps Industry Forecasting Include Regulatory scenario and expected developments 2013-2024

Global Spinal Pumps Market is expected to reach USD 319.8 million by 2024, according to a new report by Grand View Research, Inc. The rising geriatric population base, which is highly susceptible to developing chronic disorders, such as cancer as well as movement and neurological disorders, leading frequently to subsequent spasms and pain, is presumed to propel the need for spinal pumps. According to a report published by the International Agency for Research on Cancer (IARC of WHO), there is an upsurge in the number of cancer patients and approximately 14.1 million patients were estimated to suffer from cancer in 2012. These statistics indicate the indisputable requirement to incorporate spinal pumps, which is expected to present the industry with lucrative growth opportunities. 

Furthermore, the growth of the spinal pumps market is attributed to the technological advancements and the expanding product pipeline comprising pump volume indicators, valve-regulated pumps, and pressure monitors. In addition, the rising involvement of the industry players in the development of treatment solutions through strategic alliances is likely to present the intrathecal pumps market with a potential growth platform. For instance, in December 2015, Medtronic plc and Samsung Electronics Co., Ltd., announced their collaborative agreement to develop health solutions in the area of neuro modulation.

Access Full Research Report on Global Spinal Pumps Market: http://www.grandviewresearch.com/industry-analysis/spinal-pumps-market

Further key findings from the study suggest:

• The pain management category dominated the application segment of the overall spinal pumps market in terms of revenue share at over 69.0%in 2015, owing to the increasing preference for long-term relief alternatives and the high prescription prices associated with conventional opioid drugs used in pain management. These aforementioned factors are responsible for the high adoption rate of spinal pumps in pain management.
• Spasticity management is expected to grow at the fastest CAGR at over 4.0% throughout the forecast period. This can be attributed to the rising government initiatives and recommendations, such as by the British Pain Society to promote effective spinal drug delivery in the treatment of spasticity in adults, as well as to support and provide guidance to the institutions and healthcare practitioners to maximize the benefits in patients undergoing treatment.
• In 2015, North America dominated the overall intrathecal pumps market at over 54.0%. Moreover, the subsequent demographic trend changes, such as the increase in the elderly population count, and the high awareness levels related to the availability of highly efficacious pain management solutions including the spinal pump devices are presumed to drive the industry growth in this region. Furthermore, the high R&D intensity aimed at developing technologically advanced products is expected to propel the industry growth in the North America region.
• Asia Pacific is expected to grow the fastest, at a CAGR of over 6.0% over the forecast period owing to the presence of untapped opportunities especially in the emerging economies, of China and India. Additionally, the rising number of government initiatives focusing towards the enhancement of the existent healthcare infrastructure, for instance in China, the healthcare reforms introduced through an initiative, the New Health Care Reform Plan, implemented by the Chinese State Council and the Central Committee of the Communist Party of China (CPC), serve as the key growth contributing factors towards the growth of the regional spinal pumps market of China.
• The key players in this industry are increasingly involved in adopting collaborative strategies and in announcing frequent product approvals to facilitate business expansion. For instance, in November 2014, Tricumed Medizintechnik GmbH launched the implantable, programmable infusion pump for baclofen therapy. This launch resulted in the expansion of the intrathecal product portfolio for the treatment of spasticity thereby capturing a larger share of the industry.

View more related reports from same category: http://www.grandviewresearch.com/industry/medical-devices 

Grand View Research has segmented the Global Spinal Pumps Market on the basis of application and region:

Global spinal pumps application outlook (Revenue, USD Million, 2013 - 2024)

• Spasticity Management
• Pain Management
  • Non-Malignant Pain
  • Malignant Pain

Spinal pumps regional outlook (Revenue, USD Million, 2013 - 2024)

• North America
  • U.S.
  • Canada
• Europe
• UK
• Germany
• Japan
• China
• India
• Mexico
• Brazil
• South Africa
• Asia Pacific
• Latin America
• MEA

View Press Release on Global Spinal Pumps Market By Grand View Research: http://www.grandviewresearch.com/press-release/global-spinal-pumps-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

Sorbitol Market Quantitative analysis by Market size, estimates, and forecast from 2012 to 2020

Global Sorbitol Market is expected to reach USD 3.99 billion by 2020, according to a new study by Grand View Research, Inc. Sorbitol is a preferred substitute for sugar in food and beverages owing to lower caloric values and natural sweetening properties. Additionally, increasing health awareness among consumers worldwide is expected to fuel market demand over the forecast period.
Cosmetic and personal care was the largest end use application segment, accounting for over 600 kilo tons of sorbitol demand in 2013. Stabilizing, softening and surface active properties of sorbitol are the key reasons for growing use in the above applications. Sorbitol is also used as a preservative and low calorie sweetener in foods and accounted for over 537.9 kilo tons of sorbitol demand in 2013.

Access Full Research Report on Global Sorbitol Market: http://www.grandviewresearch.com/industry-analysis/sorbitol-market

Further key findings from the study suggest:

• Global sorbitol demand was 1,829.6 kilo tons in 2013 and is expected to reach 2,337.2 kilo tons by 2020 growing at a CAGR of 3.6% from 2014 to 2020.
• Liquid sorbitol is the largest used product, accounting for 1,524.7 kilo tons of demand in 2013, mainly due to simplified production process and low cost in comparison to crystal sorbitol.
• Toothpaste is the fastest growing application segment, at an estimated CAGR of 4.0% from 2014 to 2020 mainly due to sorbitol properties that prevent cavities and tooth decay.
• Asia Pacific was the largest regional market for sorbitol with revenue USD 656.9 million in 2013. China being the largest producer of Vitamin C, a key application of sorbitol, has resulted in highest demand in the region. In addition, the region is also expected to witness fastest growth, at an estimated CAGR of 4.1% from 2014 to 2020.
• Cosmetic and personal care along with chemical applications are expected to witness fastest growth at an estimated CAGR of 3.8% from 2014 to 2020.
• Key Companies in the market include Roquette Freres, Cargill and Archer Daniels Midland which together accounted for a market share of over 70% in 2013. Other companies include Sorini, Gulshan Polylols Ltd, SPI Pharma, Merck, Danisco and Sigma-Aldrich.

View More related reports from same category: http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances 

For the purpose of this study, Grand View Research has segmented the Global Sorbitol Market on the basis of product, application, end use application and region:

    • Sorbitol Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Liquid/Syrup sorbitol
            • Crystal/Powder sorbitol
    • Sorbitol Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Toothpaste
            • Vitamin C
            • Diabetic and Dietetic Food and Beverage
            • Surfactants
            • Others
    • Sorbitol End Use Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Cosmetic and Personal Care
            • Chemical
            • Food
            • Pharmaceutical
            • Others
    • Sorbitol Downstream Opportunities Outlook
            • Ethylene Glycol
            • Propylene Glycol
            • Glycerol
            • Isosorbide
    • Sorbitol Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • North America 
            • Europe 
            • Asia Pacific 
            • RoW

View Press Release on Global Sorbitol Market By Grand View Research: http://www.grandviewresearch.com/press-release/global-sorbitol-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

Specialty Silica Market Forecasting Include Regulatory scenario and expected developments Till 2022

Global Specialty Silica Market is expected to reach USD 4.43 billion by 2022, according to a new report by Grand View Research, Inc. Rising application scope of the product in various end-use industries including rubber and coatings is expected to fuel demand over the forecast period. 

Increasing coating demand in Asia Pacific on account of growing construction and rising government expenditure on infrastructure development in emerging economies of India and China is expected to propel product need over the next seven years. 
Automotive industry growth in numerous countries is expected to fuel tire demand which in turn is expected to have a positive impact on the product market over the forecast period. In addition, increasing use of the product in green tire manufacturing on account of various advantages such as increased shelf life and fuel efficiency will propel the industry growth over the next seven years. However, mature nature of various end-use industries primarily in Europe and North America may challenge specialty silica industry growth. 

Access Full Research Report on Global Specialty Silica Market: http://www.grandviewresearch.com/industry-analysis/specialty-silica-market

Further key findings from the report suggest:

• Precipitated silica was the largest product segment estimated over 2,000 kilo tons in 2014. It is widely employed as a performance additive as it increases wet-grip capabilities and wear resistance in automotive and industrial tires. Silica-filled tires are widely used owing to low rolling resistance which results in better handling and improved mileage. This is expected to fuel overall product demand over the forecast period.
• Rubber application segment was estimated over USD 1,000.0 million in 2014. Rising rubber need on account of increased automobile production particularly in India and China is expected to have a positive impact on the industry over the forecast period.
• Europe specialty silica market was estimated over USD 300.0 million in 2014. Robust automotive manufacturing base in the Germany is expected to be a favorable factor for rising demand. In addition, growth in the food & healthcare sector in various countries including France, UK, and Germany on account of changing lifestyle of consumers coupled with increased government spending on public health is expected to propel product need over the next seven years.
• The global specialty silica industry is highly competitive with key multinationals dominating the sector. Increased R&D expenditure for new product developments coupled with the need to reduce production cost are key trends witnessed within the industry. In January 2016, PPG Industries announced plans for setting up new production site for precipitated silica in North America. As of July 2015, Solvay introduced highly dispersible silica (HDS) which enhances the performance of tires by cost-effective energy saving.

View More Related Reports from same category: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins 

Grand View Research has segmented the Global Specialty Silica Market on the basis of product, application and region:

Specialty Silica Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Precipitated silica
• Silica gel
• Fused silica
• Colloidal silica
• Fumed silica

Specialty Silica Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Rubber
• Food & healthcare’
• Coatings
• Plastics
• Abrasives & refractories
• Others

Specialty Silica Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• North America
  • U.S.
• Europe
• Germany
• UK
• China
• India
• Brazil
• Asia Pacific
• Latin America
•  MEA

View Press Release on Global Specialty Silica Market By Grand View Research: http://www.grandviewresearch.com/press-release/global-specialty-silica-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

Stainless Steel Market Quantitative analysis by Market size, estimates, and forecast from 2013 to 2024

Global Stainless Steel Market is expected to reach USD 127.19 billion by 2024, according to a new report by Grand View Research, Inc. Stainless steel finds wide application in various end-use industries including building & construction, transportation, industrial machinery, household appliances, metal goods, and electronics owing to inherent characteristics such as durability, high tensile strength, and resistance.

Rapid urbanization and improving socio-economic standards coupled with expanding middle-class population is expected to be the key factor driving market demand, particularly in the infrastructure sector. Increasing investment in construction and infrastructure led to an 8% increase in demand for long products in the past few years.

Stainless steel is extensively used in petrochemical as well as oil exploration & production industries. Rising oil exploration and production activities across the globe to meet growing energy requirements is expected to further drive stainless steel demand over the forecast period. Stainless steel forms the basis of production of pressure valves, heat exchangers, cracking furnaces, tanks, chemical tankers, and process pipes in the petrochemical industry. On the other hand, it is used in sub-sea systems, offshore platforms and LNG tankers in case of exploration equipment.

Access Full Research Report on Global Stainless Steel Market: http://www.grandviewresearch.com/industry-analysis/stainless-steel-market

Further key findings from the report suggest:

• Automotive application of stainless steel is expected to witness the fastest growth at a CAGR of over 4% from 2016 to 2024. CAFÉ regulations in the U.S. emphasize on thereduction of CO₂ emissions from vehicles by reducing their weight. Stainless steel is a major component in vehicle manufacturing owing to light weight, corrosion resistance, and aesthetic appeal. It used in car doors, bus bodies, exhaust systems, motor shafts, silencer wool, and timber truck & trailer.
• North America market was estimated over 3,000kilo tons in 2015. U.S. being a major market in the region accounts for a major chunk of the demand.Construction industry growth in U.S is expected to positively impact the stainless steel market. Stainless steel caters to demand from various application segments such as building &construction, heavy industries, and consumer goods. Increased application of stainless steel in heavy industries and consumer goods is expected to impact positively on market growth of stainless steel in this region.
• POSCO, Acerinox, Baosteel, Aperam, and Outokumpu are leading market players on the global level as of 2015. Other market players include Bristol metals, Jindal Steel, Nippon Steel & Sumitomo Metal, RTI Industries, Sandmeyer Steel, Sandvik Materials, Schmolz+Bickenbach AG, ThyssenKrupp, and Viraj.

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

Grand View Research has segmented the Global Stainless Steel Market on the basis of grade, product, application and region:

Stainless Steel Grade Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• 200 series
• 300 series
• 400 series
• Duplex

Stainless Steel Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Long
• Flat

Stainless Steel Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Building & Construction
• Heavy Industry
• Automotive
• Consumer Goods
• Others

Stainless Steel Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
  • U.S.
• Europe
• Germany
• UK
• France
• China
• Japan
• India
• Asia Pacific
• Latin America
• MEA

View Press Release on Global Stainless Steel Market By Grand View Research: http://www.grandviewresearch.com/press-release/global-stainless-steel-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