Corrosion Inhibitors Market Is Segmented On The Basis Of Product, Application, End-Use And Region 2013-2024

Global Corrosion Inhibitors Market is expected to reach USD 9.59 billion by 2024, according to a new report by Grand View Research, Inc. Rising spending on the construction sector in various countries including China, U.S., Mexico, Qatar, UAE, India, Singapore, and Vietnam is anticipated to augment corrosion inhibitors demand over the forecast period. Growing usage in reinforced concrete as they increase the service life of structures, preserve architectural aspects, protect against possible concrete damage, and reduce future maintenance costs is expected to drive growth over the next eight years. 

Increasing power generation through nuclear sources in various countries including China, UK, South Korea, and India will drive product demand over the forecast period. Increasing usage in automobiles as they improve structural integrity and appearance of the vehicle underbody parts is expected to promote industry development in the near future. 

The introduction of environmentally friendly nanocomposites as corrosion inhibitors will open new opportunities for growth over the forecast period. Major industry participants are involved in the research and development of high-performance, bio-based inhibitors to satisfy environmental regulations while meeting industry requirements. 

Metal processing will witness significant revenue growth at a CAGR of 5.7% from 2016 to 2024. Growing mining and metal processing industries in China, Australia, Taiwan, Indonesia, and India will be a key factor for market development. In addition, rising corrosion inhibitors demand in metal processing equipment as they protect them from high-temperature and corrosive environments during heat treatment and finishing of metals, will propel market growth over the forecast period. 

Access Full Research Report on Global Corrosion Inhibitors Market:
http://www.grandviewresearch.com/industry-analysis/corrosion-inhibitors-market

Further key findings from the report suggest:

• Organic inhibitors are expected to witness rapid revenue growth at a CAGR of 5.7% from 2016 to 2014 in light of its increasing usage in oil & gas sector as they form a protective film over the metal surface when mixed with media having a high hydrocarbon content. In addition, rising usage in crude oil transportation pipelines as they improve the oil wettability of steel and reduce corrosion rate will propel market expansion over the forecast period.
• North America will witness profitable growth at a CAGR of 4.7% in terms of revenue from 2016 to 2024 on account of growing hydropower generation in the electric power sector along with utility-scale solar capacity additions in California, Nevada, North Carolina, Texas, and Georgia. Moreover, rising government spending in petrochemical & refinery industry will stimulate demand over the forecast period.
• MEA was valued at USD 250.9 million in 2015 and is expected to witness a significant rise in light of the presence of several oil & gas reserves along with increasing infrastructural development in various countries including South Africa, Saudi Arabia, Egypt and UAE.
• The global corrosion inhibitors industry was highly fragmented and dynamic in nature and characterized by mergers & acquisitions by major companies to increase overall presence. Major players include Ecolab, Ashland, BASF, Lubrizol Corporation, DuPont and GE Water. In March 2015, Dorf Ketal launched high TAN crude corrosion inhibitor TANSCIENT and possess superior thermal stability and oil solubility and reduces the risk of phosphorus fouling.

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

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

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

• Organic
• Inorganic

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

• Water based
• Oil based

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Power generation
• Oil & gas
• Pulp & paper
• Metal processing
• Chemical processing
• Others

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

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• Latin America
• Brazil
• MEA
• Saudi Arabia 

View Press Release of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-corrosion-inhibitors-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

Conveying Equipment Market Is Segmented product, application and region 2012-2020

In 2013, the Global Conveying Equipment Market was worth USD 31.89 billion. This equipment provides an efficient, cost-effective and accurate technique for the rapid and easy movement of goods from one place to another. Conveyor belts are usually prepared from rubber and secured with textiles, PVC or steel according to the application. These are used as carriers for goods across numerous end use industries such as steel works, power, ports, metal mining & coal, cement, airports and food & beverages.

Conveyors lead to diminish the manufacturing time that, in turn, help plants in attaining operational efficiency. Conveying equipment are used for decreasing human effort and time in the transfer of goods from one place to another. They can be set up anywhere and are considered to be harmless as compared to using a forklift and other machines for the movement of goods. The making of modified conveying equipment is enabled by the increased industrial production and developments in technologies.

Unit handling was the largest product type which accounted for over 45% of the market in 2013. Key uses of unit handling equipment include the monitoring of lesser batches which are most largely applicable in businesses such as shipments, food & beverage processing and other productions for durable goods. However, parts & attachments is projected to witness the highest growth rate, at an estimated CAGR of 2.4% from 2014 to 2020.

Access Full Research Report on Global Conveying Equipment Market:
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Durable goods accounted for the highest market share of over 40% in 2013. Growing demand for computer equipment and industrial machinery has led to the high growth of durable goods. Durable goods is also forecasted to witness the highest growth rate, at an anticipated CAGR of 2.0% from 2014 to 2020.

Europe accounted for over 60% of the global market in 2013.The growth in this region is driven by the presence of few top automobile manufacturers such as Audi, Mercedes and Ferrari. Europe is also projected to have the highest growth at an estimated CAGR of 1.6% over the forecast period.

Global conveying equipment market is amalgamated with few companies leading the market. The top three participants include Dematic, Rexnord and Sandvik and together they accounted for over 35% of the total market in 2013. The industry is moderately fragmented. The small unorganized companies across China and South Korea are taking ardent steps such as M&As to gain market share. There are ample opportunities for the new entrants, however high initial investment leads to restraining them from entering the industry.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

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

Global Conveying Equipment Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Bulk Handling
            • Unit Handling
            • Parts And Attachments
Global Conveying Equipment Application Outlook (Revenue, USD Million, 2012 - 2020)
            • Durable Goods Manufacturing
            • Nondurable Goods Manufacturing
            • Other
Conveying Equipment Regional Outlook (Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • Row

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

Construction Equipment Market Is Anticipated To Growing At A CAGR Of Over 5% From 2014 To 2020

Global Construction Equipment Market size is projected to reach USD 208.36 billion by 2020, growing at a CAGR of over 5% from 2014 to 2020. Rapid infrastructural growth along with urbanization is expected to drive industry growth over the forecast period. Further, increasing investments from government in the infrastructural sector and growing application of the advanced technology in operations including material handling, excavation, and earth moving are expected to drive demand.

Access Full Research Report on Global Construction Equipment Market:
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Manufacturers need to consider several factors for maintaining profitability in the price-sensitive industry including cost and energy-efficiency. Several advancements across residential and non-residential sectors are estimated to fuel the construction equipment market.

Growing impetus for developing infrastructure has triggered the demand for rental products combined with cost-competitive OEMs in developing markets of Asia Pacific is estimated to offer prominent opportunities for industry growth over the forecast period. However, unstable economic conditions and high initial costs are expected to hinder revenue by 2020.

The industry can be classified by products into concrete and road construction equipment, material handling machinery, and earth moving machinery. The material handling segment is projected to grow at the fastest CAGR of 5.7% by 2020. This surge in demand can be attributed to growth in application areas and rise in the automation industry.

Earth moving products comprise loaders and excavators, whereas material handling machinery comprises trailer mounted, truck mounted, and crawler cranes. Truck mounted cranes segment accounted for the largest market share of over 60% in 2013 and is expected to decline over the forecast period.

The concrete and road construction equipment market can be sub-segmented into construction pumps, concrete mixers and pavers, etc. These machineries have their application in bridges, power plants, residential, and industrial structures. Growing number of highway construction projects combined with increasing demand from mining industry are anticipated to further augment industry demand.

Asia Pacific construction equipment market accounted for over 50% of the overall share in 2013 and is expected to grow at a CAGR of 5.8% from 2014 to 2020. Varied favorable government policies along with infrastructural developments in service sector and IT industry have triggered equipment usage in countries such as India.

Growing penetration of Chinese machinery in the premium products industry is projected to challenge key existing vendors including Caterpillar and Komatsu. Growing urban population in regions such as North America and Europe is expected to offer considerable growth opportunities for the industry.

Notable players in the construction equipment market are Komatsu, Volvo, Hitachi, Doosan, Caterpillar, and John Deere. Various vendors in Europe and North America are increasing investment in R&D activities for lowering production costs along with meeting regulation emission for strengthening their global presence. Mergers & acquisitions and strategic expansions for bridging the gap in product offerings and end-market requirements, remain to be the notable growth strategy for players to excel in the industry.

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

Grand View Research has segmented the construction equipment market on the basis of product and region: 

Construction Equipment Product Outlook (Revenue, USD Billion, 2012 - 2020)

• Earth Moving Machinery
• Excavators
• Loaders
• Others
• Material Handling Machinery
• Crawler Cranes
• Trailer Mounted Cranes
• Truck Mounted Cranes
• Others
• Concrete & Road Construction Equipment
• Concrete Mixers & Pavers
• Construction Pumps
• Others
• Others Construction Equipment

Construction Equipment Regional Outlook (Revenue, USD Billion, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• China
• RoW

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

Construction Chemicals Market Demand Is Projected To Grow At A CAGR Of 5.2% Over The Forecast Period 2013-2024

Global Construction Chemicals Market is expected to reach USD 67.61 billion by 2024, according to a new report by Grand View Research, Inc. Construction chemicals were widely used in non-residential & infrastructure sector accounting for over 60% of the global revenue share in 2015. Upcoming projects such as Panama Canal expansion is expected to foster the market growth over the forecast period. 

Moreover, the global market was valued at USD 39.16 billion in 2015 and is projected to witness growth over the forecast period on account of rising residential and infrastructure activities in rapidly developing economies of Asia Pacific. Government initiatives in emerging economies such as India are also expected to fuel market growth. 

Access Full Research Report on Global Construction Chemicals Market:
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Further key findings from the report suggest:

• The global construction chemicals market demand was 33,309.2 kilo tons in 2015 and is projected to grow at a CAGR of 5.2% over the forecast period. They help in reducing the water and cement content in concrete, thereby bringing down the overall cost of the structure and reducing emissions. They impart properties such as cross-linking which results in increasing strength of the mortar.
• The market for concrete admixtures was estimated at USD 17.35 billion in 2015. Admixtures are mixed with cement, sand and water to impart specific properties to the base material such as durability. Most of the admixtures are available in a ready-to-use form and are added to the mortar at the construction site.
• Demand in Asia Pacific was 17,119.6 kilo tons in 2015 and is projected to witness tremendous growth on account of increased government spending on the infrastructure sector and rising opportunities for FDI in China and India. Increasing demand for industrial, transportation and commercial facilities is expected to drive growth.
• MEA is also projected to be a key market for construction chemicals over the forecast period. Infrastructure projects worth USD 172 billion have been planned in 2015 by various national governments in the region.
• Key industry players include BASF SE, Pidilite Industries Limited, FOSROC Chemicals India Private Limited, Sika AG, W.R. Grace & Company, Dow Chemical Company, RPM International Inc., Arkema S.A. and Mapei S.P.A. These companies focus on R&D for product development to enhance their portfolio.

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

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

Global Construction Chemicals Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2013 - 2024)

• Concrete Admixtures
• Concrete Adhesives
• Concrete Sealants
• Protective Coatings

Global Construction Chemicals End-use Outlook (Volume, Kilo Tons, Revenue, USD Million, 2013 - 2024)

• Residential
• Non-residential & Infrastructure

Global Construction Chemicals Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2013 - 2024)

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

View Blog on This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/construction-chemicals-industry

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

For more Information visit us: www.grandviewresearch.com

Ophthalmic Lasers Market Is Expected Growing At A CAGR Of 5.9% By 2025

Global Ophthalmic Lasers Market is anticipated to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc. Ophthalmic disorders are rising significantly on a global level. This rise in the prevalence rate has led to high growth of ophthalmic lasers market.

According to American Academy of Ophthalmology 2014 statistics, nearly 4.2 million people in the U.S. are visually impaired. Huge number of people suffering from visual impairment are likely to heighten the demand for ophthalmic lasers in the coming years.

Vision loss is a serious problem among people suffering from glaucoma, cataract, age-related macular degeneration (AMD), and diabetic retinopathy. This commonly occurs among the geriatric population. American Academy of Ophthalmology stated that, around 1.3 million U.S. population are blind. Hence, in order to minimize such huge rate of vision loss, there is a high need for the application of ophthalmic laser technology.

Geriatric population are the primary target for the market. Majority of the chronic ophthalmic disorders, for instance, cataract and AMD occur among this group of population. However, refractive errors are also very common among the young people. Thus, growing number of victims of chronic eye diseases has led to an expected growth of the market.

Access Full Research Report on Global Ophthalmic Lasers Market: http://www.grandviewresearch.com/industry-analysis/ophthalmic-lasers-market

Further key findings from the study suggest:

• In 2016, femtosecond lasers dominated the market due to rising prevalence of refractive errors among both geriatric and young population
• Amongst the application segment, refractive error corrections held the largest market share in 2016 due to large number of surgeries conducted for refractive errors
• Cataract removal is anticipated to show lucrative growth over the forecast period owing to the rising prevalence of cataract removal surgeries among the geriatric people
• In 2016, hospitals contributed towards the largest revenue share owing to the emergence of large number of hospitals in developing economies
• North America dominated the market in 2016 due to rising prevalence of ophthalmic disorders in this region
• Asia Pacific is expected to show lucrative growth over the forecast period owing to the increase in awareness levels among people in developing countries about various treatments for chronic eye disorders
• Few major companies include Carl Zeiss Meditec AG, Abbott Medical Optics, Inc., Alcon Laboratories, Inc., Ellex Medical Lasers Limited, Lumenis, and Bausch & Lomb Incorporated.

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

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

Ophthalmic Lasers Product Outlook (Revenue, USD Million, 2014 - 2025)

• Diode Lasers
• Femtosecond Lasers
• Excimer Lasers
• Nd:YAG lasers 
• SLT Lasers
• Others      

Ophthalmic Lasers Application Outlook (Revenue, USD Million, 2014 - 2025)

• Glaucoma
• Cataract Removal
• Refractive Error Corrections
• Diabetic Retinopathy
• AMD
• Others

Ophthalmic Lasers End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Ambulatory Surgical Centers
• Ophthalmic Clinics

Ophthalmic Lasers Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

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

Pharmaceutical Filtration Market Is Segmented On The Basis Of Product, Technique, Application, Scale Of Operation, And Region 2014-2025

Global Pharmaceutical Filtration Market is expected to reach USD 37.3 billion by the year 2025 growing at a CAGR of 12.1%, according to a new report by Grand View Research, Inc. The growing expansion of the biopharmaceutical industry have resulted in enormous growth of the market with new and more enhanced technologies being used to cater to the need of drug manufacturers. 

Increasing demand for therapeutic biopharmaceuticals such as antibodies, hormones, and vaccines is a major factor that drives growth of the market during forecast period. Thus, many pharmaceuticals and biotechnology companies have begun to focus on the development of advanced biologics for the treatment of severe chronic diseases including cancer, heart disease, and rheumatic arthritis. 

Increasing investment in the R&D by pharmaceutical and biotechnology companies is another major factor supporting the growth of the sector. Technological advancements in filtration products is also expected to propel their adoption in manufacturing and research of biopharmaceuticals and other drugs. The technological advanced filters including membrane, pre-filters & depth media, and cartridges & capsules filters provide high reliability and efficiency during drug manufacturing process.

Access Full Research Report on Global Pharmaceutical Filtration Market:
http://www.grandviewresearch.com/industry-analysis/pharmaceutical-filtration-market

Further Key Findings From The Report Suggest:

• Microfiltration is the fastest growing technique amongst others owing to its large application in generic and biopharmaceutical drug productions
• Final product processing was the largest revenue-grossing as well as fastest growing segment of the pharmaceutical filtration market, due to increase in number of companies engaged in pharmaceuticals and biologics production
• Membrane filters held the largest revenue share in the overall sector, which is attributed by its high usage in production, research, environmental testing, and other applications in the pharmaceutical industry
• MCE membrane filters accounted for the largest share in the membrane filters segment, due to its product advancement
• The manufacturing scale dominated the market in terms of revenue in 2016 owing to the increasing production of generic drugs and biopharmaceutical products
• North America is the leading regional sector, which is accounted for the largest revenue share of the overall market in 2016, because of the presence of large number of pharmaceutical, biopharmaceutical, and biotechnology companies in this region
• The Asia Pacific region is expected to grow at a highest CAGR during the forecast period due to escalating presence of drug manufacturers in the developing countries such as China and India
• Some of the major players include Eaton Corporation Plc; GE Healthcare, Parker Hannifin Corporation; Merck KGaA; Danaher Corporation, 3M; Amazon Filters Ltd.; Sartorius Stedim Biotech S.A.; Graver Technologies, LLC; and Meissner Filtration Products, Inc.  

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

Grand View Research has segmented the Global Pharmaceutical Filtration Market on the basis of Product, Technique, Application, Scale of Operation, And Region:

Product Outlook (Revenue, USD Million; 2014 - 2025)

• Membrane filters
• MCE membrane filters
• Coated cellulose acetate membrane filters
• PTFE membrane filters
• Nylon membrane filters
• PVDF membrane filters
• Other membrane filters
• Prefilters & depth media
• Glass fiber filters
• PTFE fiber filters
• Single-use systems
• Cartridges & capsules 
• Filter holders 
• Filtration accessories 
• Others

Technique Outlook (Revenue, USD Million; 2014 - 2025)

• Microfiltration
• Ultrafiltration
• Cross flow filtration 
• Nanofiltration
• Others

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Final product processing
• Active pharmaceutical ingredient filtration
• Sterile filtration
• Protein purification
• Vaccines and antibody processing
• Formulation and filling solutions
• Viral clearance
• Raw material filtration
• Media buffer
• Pre-filtration
• Bioburden testing
• Cell separation
• Water purification
• Air purification

Scale of Operation Outlook (Revenue, USD Million; 2014 - 2025)

• Manufacturing scale
• Pilot scale
• Research & development scale

Regional Outlook (Revenue, USD Million; 2014 - 2025)

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

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

Craft Beer Market Is Projected To Reach $502.9 Billion With A Growth Rate Of 19.9% By 2025

Global Craft Beer Market is expected to reach USD 502.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth over the forecast period on account of the rising demand for low alcohol by volume (ABV) and flavored beer.

The government in countries including Australia, New Zealand, Belgium, Mexico, China, and the UK are promoting the production of craft beer and incorporation of new breweries on account of the positive contribution of the industry towards economic development and employment generation coupled with the willingness of the consumer to pay extra for better tasting brews.

Australia, Belgium, Germany, U.S. and New Zealand are the major craft beer producing countries with over 65% of the overall production in terms of value as well as volume. Belgian is the most preferred beer among the major craft beer consuming countries owing to the premium quality, clean taste and rich flavor & aroma of the brews.

Furthermore, the number of brewers in the global market is growing significantly on account of the rising demand for the product. As a result, the demand for grains such as barley, wheat, yeast, sugar, and hops is increasing substantially. However, the alternative applications of the raw materials are expected to lower the bargaining power of the brewers.

The demand for the pale ale, IPA, and amber ale is growing as these three craft products are widely preferred by the consumers owing to the balanced composition of the raw materials in the product including malt, hops, water, and yeast.

Access Full Research Report on Global Craft Beer Market:
http://www.grandviewresearch.com/industry-analysis/craft-beer-market

Further key findings from the report suggest:

• On-trade distribution of craft beer accounted for over 50% in 2015 of the overall volume share, which is primarily attributed to the high consumption of the product in restaurants, bars, and clubs in developed economies including UK, Australia, and Belgium.
• Off-trade distribution of the product is expected to witness significant growth in developing economies as the consumer spending power in these countries is low with high price of the product in on-trade distribution outlets as compared to its counterpart
• Europe is expected to account for the largest market share in terms of volume owing to the high consumer preference for flavored beer over other alcoholic spirits. In addition, increasing demand for IPA and pale ale in the region is expected to have a positive impact on the market growth.
• Middle East & Africa is expected to grow at a CAGR of 28.9% owing to the increasing penetration in South Africa. The growing consumer awareness about the wide range of flavors and styles of the product is expected to be a crucial factor for market growth in the country.
• Key players in the industry include The Boston Beer Company, The Gambrinus Company, D.G. Yuengling and Son, Stone & Wood Brewing Co. and Chimay Beers and Cheeses. These major players compete on the basis of acquiring new markets and increasing their product portfolio.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Grand View Research has segmented the Global Craft Beer Market on the basis of distribution and region:

Craft Beer Market Distribution Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

• On-trade
• Off-trade

Craft Beer Market Region Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• Australia
• China
• India
• Japan
• New Zealand
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

View Blog on This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/craft-beer-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