Monday 15 May 2017

Curcumin Market Competitive Landscape by Company Profile, Financial Performance, Product and Strategic Initiatives 2012-2022

Global Curcumin Market is expected to reach USD 94.3 million by 2022, according to a new study by Grand View Research, Inc. Therapeutic properties of curcumin such as anti-inflammatory and anti-oxidant make them ideally suited for use in food and medical application. The market is expected to witness significant growth in light of the growing consumer awareness regarding the above mentioned therapeutic properties. Increasing demand for herbal and ayurvedic skin care products is also expected to boost demand for curcumin over the forecast period. Curcumin or turmeric extracts are also gaining importance owing to the lower bioavailability of raw turmeric which is mostly consumed in food products.

Pharmaceutical was the largest application segment accounting for over 50% of the global volume owing to an increasing demand for curcumin based OTC supplements. Curcumin demand in food application also increased in 2014 in terms of absolute volumes on account of growing demand for natural coloring and flavoring substances. Similar trends are expected to continue over the forecast period. Growing penetration of herbal skin care products is expected to further augment curcumin market growth. R&D in dye-sensitized PV technology is expected to open new market avenues for curcumin. 

Access Full Research Report on Global Curcumin Market:
http://www.grandviewresearch.com/industry-analysis/turmeric-extract-curcumin-market

Further key findings from the study suggest:
  • North America was the largest regional market for curcumin with market revenue exceeding USD 20 million in 2014. Curcumin is an established ingredient for pharmaceutical application in the region which is expected to act as a major driver for market growth. In addition, growing use of turmeric extract or curcumin in cosmetic formulation is expected to further augment market demand over the forecast period.
  • Curcumin production is highly dependent on turmeric production which is regional dominated by India. India is the largest manufacturer of curcumin with production exceeding 80% of global market. Low consumer awareness of curcumin as a health ingredient in India results in the country exporting majority of its product to North America and Europe.
  • Europe is expected to be the fastest growing regional market for curcumin with demand estimated to grow at a CAGR of over 17% from 2015 to 2022. Regulatory support coupled with growing consumer awareness is expected to be a key factor responsible for high market growth in the region. European Food Safety Association (EFSA) has approved ADI of 3 mg/kg of body weight for curcumin making it a preferred pharmaceutical ingredient in turn resulting in increased market demand.
  • Key players present in the global curcumin market include Arjuna Natural Extracts Ltd, Synthite Industries Ltd, Sabinsa Corporation and Helmigs Prima Sejahtera PT. Arjuna Natural Extract ltd has a patent for curcumin formulation from turmeric which signified the extensive R&D in the market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

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

Global Curcumin Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)
  • Pharmaceuticals
  • Food
  • Cosmetic
  • Others
Global Curcumin Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)
  • North America
    • U.S.
  • Europe
    • Germany
    • Denmark
  • Asia Pacific
    • Japan
    • India
    • Indonesia
  • RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/curcumin-market   

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


For more Information visit us: www.grandviewresearch.com

Cryogenic Equipment Market Is Segmented On the basis of product, gas, application, end-use, and region 2012-2022

Global Cryogenic Equipment Market is expected to reach USD 25.05 billion by 2022, according to a new report by Grand View Research, Inc. Stringent government initiatives and investments in emerging markets such as Brazil and India are expected to impel the product demand over the forecast period. Shale gas exploration has resulted in high natural gas production, thereby escalating demand in the oil & gas sector. Cryogenic equipment is widely used in LNG storage and transportation. LNG being an extremely low emission fuel is preferred by several regulatory bodies addressing environmental concerns, thereby driving the cryogenic equipment demand.

Rapid industrialization has led to widespread adoption of this equipment in the metallurgy industry. Development in metal design has resulted in the development of enhanced techniques for handling liquids and is expected to fuel market demand over the forecast period.

Access Full Research Report on Global Cryogenic Equipment Market:
http://www.grandviewresearch.com/industry-analysis/cryogenic-equipment-market

Further key findings from the report suggest:
  • Tanks accounted for over 55% of the overall revenue in 2014. The need to store gases for several critical industrial processes as against conventional cooling lubricants (CLFs) is anticipated to drive the product demand over forecast period.
  • Storage segment contributed over 65% of the overall revenue and is projected to display substantial growth with a CAGR exceeding 8% from 2015 to 2022. It provides a consistent and accurate temperature for storage and is expected to play a vital role in driving demand.
  • Growth in the power & energy segment can be primarily attributed to rapid industrialization and several government initiatives. The segment accounted for over 20% of the revenue in 2014.
  • Asia Pacific emerged as a dominant region with market size over USD 4.0 billion in 2014. The quest for Liquefied Natural Gas (LNG) in Asia Pacific is expected to drive growth over the forecast period, making it the highest revenue generating region.
  • North America cryogenic equipment market is anticipated to experience significant growth over the forecast period. The North American food & beverage industry has witnessed a substantial growth over the last few years; a trend anticipated to provide an impetus for future market growth.
  • Key market participants include Cryo pure, Packo Industry, Cryofab, Shell-N-Tube, Cryodepot, and Taylor-Wharton International LLC. Industry participants strive to focus on innovation and technical knowledge while simultaneously trying to own several patents and trademarks along with R&D activities. Purveyors abide by regulations such as DOE 6430.1A, DOE 5481.1B, DOE 5700.6C, CGA Pamphlet P-1, CGA Pamphlet S-1.1, ASME, and ASME B31.3 to manufacture safe and functional equipment.

View more reports of this category by Grand View Research at: 

Grand View Research has segmented the Global Cryogenic Equipment Market based on product, gas, application, end-use, and region:

Cryogenic Equipment Product Outlook (Revenue, USD Million; 2012 - 2022)
  • Tank
  • Valve
  • Pumps & Vaporizers
  • Vacuum Jacketed Piping (VJP)
  • Others
Cryogenic Equipment Gas Outlook (Revenue, USD Million; 2012 - 2022)
  • Nitrogen
  • Oxygen
  • Argon
  • Natural Gas
  • Others
Cryogenic Equipment Application Outlook (Revenue, USD Million; 2012 - 2022)
  • Distribution
  • Storage
Cryogenic Equipment End-Use Outlook (Revenue, USD Million; 2012 - 2022)
  • Oil & Gas
  • Metallurgy
  • Electronics
  • Power & Energy
  • Food & Beverage
  • Healthcare
  • Marine
Cryogenic Equipment Regional Outlook (Revenue, USD Million; 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-cryogenic-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.

For more Information visit us: www.grandviewresearch.com

Crop Protection Chemicals Market Is Segmented On The Basis Of Product, Application And Region 2012-2022

Global Crop Protection Chemicals Market size was 2,300.0 kilo tons in 2014 and is expected to grow owing to rapid population growth need for high yield crops and reduced arable or cultivable land. These chemicals deal with managing weeds, plant diseases and pests which damage forestry, agricultural crops, field crops, vegetable crops, fruit and horticulture crops.
Rising awareness regarding ill-effects of contaminated food on health has led to an increasing demand for crop protection chemicals. Increase in harmful species including weeds, nematodes and crop insects disrupting the growth of the crops is expected to augment the market demand significantly. The market is anticipated to reach USD 90.09 billion by 2022.
Herbicides market was valued at USD 18.11 billion in 2014. They are extensively used owing to their property of selective destruction of unwanted weeds leaving desired crops unharmed. In addition, increasing availability of organic herbicides as well as products exhibiting properties similar to natural plant hormones is expected to bolster growth.
Demand for insecticides was 805.4 kilo tons in 2014. Asia Pacific demand for insecticides was driven by rising usage of chemicals in emerging economies including India and China. Climatic conditions resulting in the presence of pests which adversely hamper crop yield has resulted in driving demand for the product in the region over the past few years and the trend is anticipated to continue over the forecast period.
Access Full Research Report on Global Crop Protection Chemicals Market:
http://www.grandviewresearch.com/industry-analysis/crop-protection-chemicals-market
Fungicides accounted for about 22.7% of the industry volume in 2014. Favorable climatic conditions across major crop producing regions is one reason to propel the demand of the chemicals. Fungicides are available in forms of eradicants and protectants.

Cereals accounted for 19.0 % of the crop protection chemicals industry volume in 2014, due to its increasing demand in Latin America and Asia Pacific, where traditional food grains and pulses are consumed in a larger amount. This trend is expected to continue owing to the rising demand for healthy foods and an exponentially increasing consumer base.

Cotton was the largest application valued at USD 12.65 billion in 2014, owing to the rising demand of agrochemicals used in cotton production. Growing demand for cotton to manufacture apparel, technical textiles and home furnishings is expected to drive industry growth.

Fruits &vegetables accounted for over 17.0% of the total revenue in 2014. Rising popularity of biopesticides which allow for direct consumption of crops will propel demand over the forecast period.

North America dominated the global industry owing to high adoption of modern farming practices. The market is expected to grow at a CAGR of 7.3%, in terms of volume, from 2015 to 2022, due to increasing consumer awareness about side-effects of using synthetic pesticides.

Asia Pacific crop protection chemical market was valued at USD 14.03 billion in 2014. Growing population coupled with rising demand for crops in emerging economies of the region is expected to drive growth over the forecast period. Moreover, several economies in the region rely heavily on the agricultural sector, which is expected to further augment demand.

Crop protection chemical demand in Europe was 696.4 kilo tons in 2014. Growing demand for biopesticides on account of rising consumer awareness regarding the adverse effects of chemicals on the ecology is expected to drive growth.

Key players in the market include Monsanto, American Vanguard, Bayer CropScience, Arysta LifeScience, BioWorks, Chemtura Corp, BASF SE, Cheminova, Dow AgroSciences, DuPont, Ishihara Sangyo Kaisha, FMC Corp, Isagro SpA, Makhteshim Agan, Marrone Bio Innovations, Nufarm Ltd, Sumitomo Chemical, Novozymes A/S, Monsanto, Natural Industries Syngenta AG, and Valent Biosciences.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the Global Crop Protection Chemicals Market on the basis of product, application and region:

Crop Protection Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2022)
  • Herbicides
  • Fungicides
  • Insecticides
  • Others
Crop Protection Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2022)
  • Fruits & vegetables
  • Cereals
  • Maize
  • Cotton
  • Rice
  • Others
Crop Protection Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • ROW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-crop-protection-chemicals-Market  

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

For more Information visit us: www.grandviewresearch.com

Coiled Tubing Market is expected to grow at a CAGR of 5.1% from 2017 to 2025

Global Coiled Tubing (CT) Market is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc. Globally, declining oil production and increasing number of exploration & production activities are anticipated to drive the market growth in the next eight years. In addition, a shift in the trend for developing unconventional oil blocks globally, will boost the market demand. 

Regulations in countries enhancing exploration & production activities will be a supporting factor for the market growth. Favorable initiatives by Chinese and the U.S. governments in the form of relaxed provision of FDI, tax incentives, and other financial aids is estimated to back up the industry growth. However, public concerns and several bans concerning harmful impacts of the technology mainly in countries such as South Africa, France, Tunisia, Romania, and Bulgaria are anticipated to remain key challenges for the industry players over the next few years.

Well intervention is a major service provided by CT technology. the service is carried out in to extend the life of a producing well by improving its performance. Some of the well intervention service includes well completion, well cleaning, and wireline. Sand clean out is the most common well intervention application. It is a complex process and requires pumping a fluid or gasses into the well.

Full Research Report on Coiled Tubing (CT) Market
http://www.grandviewresearch.com/industry-analysis/coiled-tubing-ct-market

Further key findings from the report suggest:
  • The global coiled tubing market was worth USD 3.25 billion in 2015. The market is expected to grow at a CAGR of 5.1% from 2017 to 2025
  • Pumping was the major operation segment in the year 2016 and is expected to grow at a CAGR of 3.9% from 2017 to 2025
  • Circulation operational segment is expected to be the fastest-growing segment over the forecast period
  • Offshore segment is expected to be the fastest growing segment, owing to newly discovered oil wells in the deep waters
  • North America was the largest market in 2015. It is expected to gain share on account of increasing E&P activities, particularly in the deep sea.
  • Asia Pacific market is expected to grow at a CAGR of 5.8% from 2017 to 2025, owing to favorable government regulations and rising foreign investment in the region
  • Market is moderately consolidated and experiences the presence of giant and large companies across the value chain
  • Schlumberger, Baker Hughes, Halliburton, Weatherford International Inc, Archer Limited, Calfrac Well Services Ltd, Cudd Energy Services, Superior Energy Services Inc., Trican Well Service Ltd., and C&J Energy Services, Inc. are the prime companies operating in the market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments

For the purpose of this report, Grand View Research has segmented the Global Coiled Tubing Market on the basis of Service, operation, application and region:

Coiled Tubing Services Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)
  • Well Intervention
    • Well Completion
    • Well Cleaning
    • Others
  • Drilling
  • Others
Coiled Tubing Operation Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)
  • Circulation/Deliquification
  • Pumping
  • Logging
  • Perforation
  • Others
Coiled Tubing Application Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)
  • Onshore
  • Offshore
Coiled Tubing Regional Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Russia
    • Poland
  • Asia Pacific
    • China
    • Australia
  • Central & South America
    • Argentina
    • Brazil
  • Middle East & Africa
    • South Africa
    • UAE
    • Algeria

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/coiled-tubing-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.

For more Information visit us: www.grandviewresearch.com

Glass Additives Market Demand Is Expected To Grow At A CAGR Of 3.3% From 2017 To 2025

Global Glass Additives Market is expected to reach USD 1.56 billion by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of colored and specialty glass in the packaging industry has been a major factor driving the glass additives market growth.

Rising demand from food & beverage industry in addition to the growing popularity for customized glass wares across industries such as pharmaceuticals, cosmetics, etc. are expected to contribute to the demand for glass packaging.  High demand for glass packaging will, in turn, is projected to spur the glass additives industry.

Demand for durable glass with enhanced properties such as water repellent, UV protection, anti-glare, etc. from automotive, electronics and construction industries has triggered the usage of metal oxides and nanoparticles during glass production. Utilization of additives in the glass helps in accelerating the manufacturing process thereby reducing the overall energy consumption. It also contributes in bringing down the total manufacturing costs.

The glass industry is slowly reviving from the recent downturn. The industry witnessed the closure of many production units around the world during past decade. Most of the glass manufacturers are focusing on product differentiation and cost advantage. Use of additives helps these manufacturers for long-term existence.

The additives industry is oligopolistic in nature with top few players holding a greater chunk of the market share. Some of the major players in the glass additives market include DuPont, Gillinder Glass, SCHOTT, Torrecid Group, and Nanobase.

Access Full Research Report on Global Glass Additives Market:
http://www.grandviewresearch.com/industry-analysis/glass-additives-market

Further key findings from the report suggest:
  • The global glass additives demand reached to 35,428.4 tons in 2016 and is expected to grow at a CAGR of 3.3% from 2017 to 2025
  • Europe emerged as the largest consumer in 2016 and is estimated to generate revenue over USD 533.8 million by 2025
  • Metal oxide demand as glass additives was valued at USD 403.1 million in 2016 and is projected to witness a growth of 3.6% over the forecast period
  • Asia Pacific is estimated to witness the fastest growth over the forecast period owing to the presence of key developing economies such as China, which is the largest producers of rare earth elements. The regional demand is expected to grow at a CAGR of 3.7% from 2016 to 2025
  • Key players including Torrecid Group, Gillinder Glass, DuPont, Ferro Corporation, SCHOTT dominated the glass additives market and accounted for over 50% of the total volume in 2015

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber  

Grand View Research has segmented the Global Glass Additives Market on the basis of product, end-use, and region:

Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • Metal Oxide
  • Nanoparticles
  • Rare Earth Metals
  • Others
End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • Packaging
  • Building & Construction
  • Electronics & Appliances
  • Others
Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa 

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-glass-additives-market

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

For more Information visit us: www.grandviewresearch.com

Thursday 11 May 2017

Capsule Endoscopy Market Is Projected To Grow At A CAGR Of 8.7% Over The Forecast Period 2012-2022

Global Capsule Endoscopy Market is expected to reach USD 886.3 million by 2022; according to a new study by Grand View Research, Inc. Increasing prevalence of colorectal cancer, GI diseases and growing demand for precise and accurate diagnostic tools are expected to drive the capsule endoscopy market over the forecast period. According to a report published by the World Cancer Research Institute, about 54.0% of colorectal cancer cases occurred in developed countries and the number is expected to grow exponentially over the decade.

The introduction of technologically advanced features such as WiFi enabled small bowel capsules featuring longer battery life are further expected to drive the demand for capsule endoscopy devices. Presence of favorable government initiatives are expected to play an imperative role in determining market trends over the forecast period. For instance, initiatives such as the DCPC’s National Comprehensive Cancer Control Program (NCCCP) in the U.S. aimed at increasing patient awareness levels pertaining to colorectal cancer screening is expected to boost usage rates during the forecast period.

Access Full Research Report on Global Capsule Endoscopes Market:
http://www.grandviewresearch.com/industry-analysis/capsule-endoscopes-market

Further key findings from the study suggest:
  • Wireless capsules dominated the accessory market in 2014 and are also expected to register lucrative growth over the forecast period. Increasing usage rates of colon, small intestine and esophageal screening is expected to drive segment growth. In addition, presence of supportive reimbursement policies and the introduction of technologically advanced products are expected to serve this market as future growth opportunities.
  • Small bowel endoscopy capsule was the leading product segment of the market in 2014. These devices find wide applications in treating diseases such as suspected Crohn’s disease, inflammatory bowel disease, obscure GI tract bleeding and small bowel neoplastic lesions and this is expected to serve the segment as a high impact rendering driver. Increasing prevalence of target diseases is also expected to make significant contributions towards market growth.
  • Capsule endoscopy finds the largest application in OGIB (Obscure gastrointestinal bleeding) diagnosis owing to, increasing usage of wireless capsule endoscopes in vascular and inflammatory lesion diagnoses
  • North America was the largest regional capsule endoscopy market in 2014. The region’s market position is attributed to by factors such as presence of sophisticated healthcare infrastructure, supportive reimbursement policies and growing adoption rates of minimally invasive surgeries.
  • Asia Pacific region is anticipated to register rapid growth over the forecast period owing to, factors such as the presence of high unmet needs with respect to colorectal screening, rising disposable income and patient awareness levels and improving healthcare infrastructure
  • Key market players of the capsule endoscopy market include RF System lab, Olympus Corporation, Chongqing Jinshan Science & Technology (Group) Co., Given Imaging, Ltd., Fujifilm Holding Corporation, IntroMedic Co., Ltd and CapsoVision.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

For the purpose of this study, Grand View Research has segmented the Global Capsule 
Endoscopy Market on the basis of accessory, product, application and region:

  • Global Capsule Endoscopy Accessories Outlook (Revenue, USD Million, 2012 - 2022)
    • Wireless capsule
    • Workstation and receiver
  • Global Capsule Endoscopy Product Outlook (Revenue, USD Million, 2012 - 2022)
    • Small bowel
    • Esophageal
    • Colon
  • Global Capsule Endoscopy Application Outlook (Revenue, USD Million, 2012 - 2022)
    • OGIB
    • Crohn’s disease
    • Small Intestine tumor
    • Others (Celiac, NSAID reactions)
  • Capsule Endoscopy Regional Outlook (Revenue, USD Million, 2014 - 2022)
    • North America
§  U.S.
§  Canada
·         Europe
§  Germany
§  UK
·         Asia Pacific
§  China
§  Japan
·         Latin America
§  Mexico
§  Brazil
·         MEA
§  South Africa

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-capsule-endoscopy-market   

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


For More Informationwww.grandviewresearch.com

Caprolactam Market Is Segmented On The Basis Of Application, End-Use And Region 2012-2022

Global Caprolactam Market is expected to reach USD 15.30 billion by 2022, according to a new report by Grand View Research, Inc. Rising nylon 6 resin and fiber consumption, on account of increasing demand for electronics is expected to drive the market. Electronics industry growth in China has resulted in subsequently driving caprolactam demand over the past few years.

Caprolactam manufacturing requires low technical complexity along with lesser initial infrastructure investment thus encouraging new participants to enter the market. Technological innovations aimed at improving manufacturing process of the product in order to minimize release of ammonium sulfate as a by-product on account of its hazardous nature is expected to have a positive impact on the industry.

North America and Europe together accounted for over 35% of the global market volume share in 2014. Increasing focus on R&D for commercial production of bio-based caprolactam and resultant bio-nylon is expected to open new opportunities for market growth in the near future.

Access Full Research Report Global Caprolactam Market:
http://www.grandviewresearch.com/industry-analysis/caprolactam-market

Further key findings from the report suggest:
  • Nylon 6 resins are expected to witness significant gains with projected growth at a CAGR of 5.1% from 2015 to 2022. Increasing consumption of nylon 6 resins for manufacturing of engineering plastics which are used as technical components in electrical & electronics and packaging industry is expected to accelerate market growth.
  • Ammonia, cyclohexane, phenol and toluene are some of the key raw materials used for manufacturing caprolactam. Volatile raw material prices, limited availability and stringent regulations have been some of the primary factors challenging market growth.
  • Engineering plastics accounted for over 15% of the global volume share in 2014. Rapid industrialization coupled with tremendous growth in the automotive sector, particularly in Asia Pacific, is expected to have a positive impact on the industry over the forecast period. Innovation in the field of electronics along with increasing consumption of smart phones, tablets, laptops and TVs has resulted in driving demand for engineering plastics, subsequently augmenting market growth.
  • Asia Pacific caprolactam market was estimated at over 2,940.0 kilo tons in 2014. Encouragement of 100% Foreign Direct Investment by the Indian government for domestic automobile industry growth is expected to augment manufacturing sector. This is expected to fuel nylon 6 resins demand which in turn will have a positive impact on the caprolactam industry over the next seven years.
  • The global industry is fragmented in nature, on account of presence of numerous companies globally. These include Sumitomo Chemicals, Honeywell, BASF, Toray, DSM, Alpek, Ube, Sinopec and Lanxess.
  • In May 2015, Sumitomo Chemicals increased contract caprolactam price by USD 70 per metric ton to USD 1,880 per metric ton. In May 2015, BASF SE increased caprolactam prices by USD 0.05 per pound in North America.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

Grand View Research has segmented the Global Caprolactam Market on the basis of application, end-use and region:

Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
  • Nylon 6 fibers
  • Nylon 6 resins
End-Use Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
  • Textile yarn
  • Industrial yarn
  • Engineering Plastics
  • Carpet fibers & staple fibers
Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • MEA

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-caprolactam-market  

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

For More Informationwww.grandviewresearch.com

Palm Oil Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2012-2022

In 2014, Global  Palm Oil Market  was valued at USD 61.09 billion.  The market is poised for growth owing to the increasing demand from th...