MRAM (Magneto Resistive RAM) Market IS Segmented On The Basis Of Type, Application, And Region 2014-2025

Global Magneto Resistive RAM (MRAM) Market is expected to reach USD 4.80 billion by 2025, according to a new study by Grand View Research, Inc. Non-volatile memories, such as MRAM and Resistive random Access Memory (RRAM/ReRAM), are expected to replace the existing volatile memories such as Dynamic Random Access Memory (DRAM) and Static Random-Access Memory (static RAM or SRAM). The replacement would be possible due to different benefits offered by the advance non-volatile memories. The existing flash memories are facing technological limits; and their further advancements are expected to increase their costs, thus, leading to the invention of non-volatile memories that are capable of avoiding data loss on power discharge.

The standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, smart cards, and storage class memories for enterprise storage, are expected to offer immense opportunities to the market.

The first generation MRAM and second generation Spin-Transfer Torque MRAM (STT-MRAM) are expected to replace traditional DRAMs and SRAMs. Initially, the prices associated with these memories are expected to be high, which would reduce with the increasing rates of developments.

Moreover, the increasing demand of these memories is predicted to promote the demand for equipment, used in their manufacturing. The manufacturing of these memories require specialized fabrication equipment, similar to those used in magnetic read sensors. Thus, promoting the growth of capital equipment required for manufacturing of non-volatile memories equipment.

The market may face challenges due to its complex structure and high costs of manufacturing of memories. However, these challenges can be circumvented by technological advancements and increased production.

Full Research Report on Global Magneto Resistive RAM (MRAM) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/magneto-resistive-ram-random-access-memory-mram-market

Further key findings from the study suggest:

• The North American region dominated the market, accounting for more than 36% of the total market revenue, owing to the presence of leading players and growing R&D activities
• STT-MRAM is expected to maintain market dominance due to its wide application, higher performance, thermal stability, and greater compatibility
• The Asia Pacific region is predicted to emerge as the fastest-growing market due to the increased penetration of cloud computing and improvements in the present infrastructures of data centers, in developing nations
• Strategic partnerships accompanied, by the increasing innovation and research & development activities, are being observed in the industry
• The prominent vendors operating in the market include Avalanche Technology, Inc., Everspin Technologies, Inc., Spin Transfer Technologies, Toshiba Corporation, and Crocus Nano Electronics LLC

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

Grand View Research has segmented the global Magneto Resistive RAM (MRAM) market based on type, application, and region:

MRAM Type Outlook (Revenue, USD Million; 2014- 2025)

• Toggle MRAM
• Spin-Transfer Torque MRAM (STT-MRAM)

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

• Consumer Electronics
• Robotics
• Automotive
• Enterprise Storage
• Aerospace & Defense
• Others

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

• North America
• Europe
• Russia
• Asia Pacific
• RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-magneto-resistive-ram-random-access-memory-mram-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

Carboxymethyl Cellulose Market Report Covers Volume And Revenue Forecast, Company Share, Competitive Landscape, Growth Factors And Trends 2014-2025

Global Carboxymethyl Cellulose Market is expected to reach USD 1.86 billion by 2025, according to a new report by Grand View Research, Inc. The increasing consumption of cosmetics, skin care, hair care, and other personal care products globally is estimated to drive the market demand over the years ahead. In addition, the growing rate of adoption among consumers regarding the use of natural and eco-friendly personal care products is likely to enhance the consumption of carboxymethyl cellulose (CMC) or cellulose gum, mainly as a binding and stabilizing agent, in the next couple of years.

In terms of revenue, the cosmetic & application segment accounted for an industry share of 14.7% in 2016. Changing lifestyles and improving disposable income of consumers across various countries in the Asia Pacific region including India, China, and Malaysia are expected to enhance the growth of cosmetics and pharmaceutical industries in the next couple of years. Major cosmetics manufacturers are significantly investing in R&D and focusing on the implementation of new product branding and other marketing strategies to accelerate personal care sales across the globe.

CMC is incorporated as a key ingredient in various personal care products including creams, lotions, shampoos, face creams, and cold creams. Good binding, thickening, and stabilizing properties are the key attributes of this product owing to which it is increasingly being used in the processing of cosmetic formulations. Additionally, it owing to its property to impart moisture, the product is favorably consumed in the manufacturing of personal care products such as hair care and skin care goods. The usage of cellulose gum is not only limited to topical lotions, creams, and shampoos but it is also incorporated in the manufacturing of toothpaste, as it provides smooth texture, possesses excellent salt tolerance, and acid resistance.

Full Research Report on Global Carboxymethyl Cellulose Market Analysis:
http://www.grandviewresearch.com/industry-analysis/carboxymethyl-cellulose-cmc-market

Further key findings from the report suggest:

• Food & beverage application is estimated to be one of the fastest growing segments and is likely to expand at a CAGR of 5.3% over the forecast period. Significant utilization as a stabilizer and texture enhancer in bakery products is considered to be the major driving factor for cellulose market.
• Advancements in the processing and manufacturing technologies of CMC are likely to provide significant scope for demand by 2025. The introduction of cellulosic nanofibers for the manufacturing of CMC is projected to positively impact the industry growth.
• Asia Pacific held the largest demand in the cellulose gum market as of 2016. Rapid expansion of food & beverage and pharmaceutical sectors in the region coupled with the presence of a broad consumer base is estimated to drive the industry growth by 2025.
• Akzo Nobel N.V., CP Kelco, Ashland, Inc., Daicel FineChem Ltd., and The Dow Chemical Company are the key players that collectively accounted for more than 30% market share of the global industry in 2016
• Companies are implementing various strategies to mainly strengthening their distribution and significantly investing in research & development in order to enhance their business growth. Furthermore, Daicel FineChem Ltd. and The Dow Chemical Company are among the manufacturers that have fully integrated business operations across the value chain.

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

Grand View Research has segmented the Global Carboxymethyl Cellulose Market on the basis of product, livestock, and region:

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

• Cosmetics & pharmaceuticals
• Food & beverages
• Oil & gas
• Paper & board
• Paints & adhesives
• Detergents
• Others

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

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Italy
• Asia Pacific
• China
• Central & South America
• Brazil
• Middle East & Africa

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

Microwave Devices Market Is Segmented On The Basis Of Band Frequencies, Applications, And Regions 2024

Global Microwave Devices Market is estimated to reach USD 11.86 billion by 2024, according to a new study by Grand View Research, Inc. The increasing demand from military and defense industry is expected to drive the market growth over the forecast period. Radar systems use these devices for navigation and air surveillance.

Technological proliferations, in the medical industry, are anticipated to enable the use of advanced technologies such as microwave ablation. This technology uses a microwave, which is focused on the infected tissue and heated, to avoid excess nerve damage. Furthermore, these devices are also used to remove unwanted tissue mass such as a tumor. They are widely used in medical applications, owing to their short wavelengths, which reduce excessive surface penetration, and ability to allow precise ablations. The devices are mainly used in treating diseases such as skin cancers, uterine fibroids, and corneal ablation.

The growing usage of mobile phones, mainly in the emerging economies, is enabling the use of microwave devices, owing to their high frequencies that allow data transmission over long distances. Advancements in healthcare facilities are expected to further improve the market growth in these regions, due to increased production of low-cost and affordable medical devices. The North American region has developed medical infrastructure and the latest technologies for facilitating extensive use of these devices.

Full Research Report on Global Microwave Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/microwave-devices-market

Further key findings from the study suggest:

• The increased implementation of C-band in weather radar systems, Wi-Fi, and satellite communication is anticipated to drive the market growth. This growth is characterized by optimum performance, in terms of low signal loss and high frequency range.
• The increasing need for Unmanned Ariel Vehicles (UAV) for collecting ground information and radar systems for navigation are anticipated to increase the demand for microwave devices
• The medical segment is the fastest-growing application segment and is expected to witness a significant growth with a CAGR of 6% over the forecast period
• Technological advancements, in cancer detecting imaging systems, depend on these devices for advanced diagnostics and treatment
• The increasing usage of mobile handsets is promoting the use of microwave devices, such as frequency emitting towers and satellites, for sending and receiving data signals
• The spending on healthcare services in the APAC region is growing, owing to the aging population that requires and demands cost-effective medical facilities, increasing the demand for microwave products such as imaging systems.
• The key industry participants include Communications & Power Industries LLC, Cytec Corporation, e2V, L-3 Communication systems, MicroWave Technology, Inc., RFMD, Richardson Electronics, Ltd., Teledyne Technologies, Inc., Thales Group, TMD Technologies Ltd., and Toshiba Corporation, among others

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

Grand View Research has segmented the Global Microwave Devices Market based on band frequencies, applications, and regions:

Microwave Devices Band Frequency Scope (Revenue, USD Million; 2014 - 2024)

• S-Band
• C-Band
• X-Band
• Ku-Band
• Ka-Band

Microwave Devices Band Application Scope (Revenue, USD Million; 2014 - 2024)

• Communication
• Medical
• Military & Defense
• Others

Microwave Devices Band Regional Scope (Revenue, USD Million; 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• Middle East and Africa (MEA)

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

Europe Polyurethane (PU) Market Is Expected To Growing At A CAGR Of 3.8% From 2016 To 2024

Europe Polyurethane (PU) Market is expected to reach USD 26.24 billion by 2024, according to a new report by Grand View Research, Inc. Growing need for sustainable construction in the region is a key driving factor for industry growth. 

The industry is primarily driven by growth in end-use industries such as construction, automotive & transportation and furniture & bedding. Reinforcement of construction industry in the European region is anticipated to be the key driving factor over the forecast period. Eastern European countries such as Hungary, Poland and Slovakia are anticipated to witness significant growth regarding construction spending which in turn is expected to drive rigid polyurethane foam demand. 

Rigid foam was the highest consumed product and accounted for over 30% of the European market volume in 2015. EU regulations towards energy efficiency of households and financial incentives aimed at improving insulation and cutting down on energy costs is expected to drive the product’s growth. It is also expected to witness the highest growth of 4.0% over the forecast period.

Full Research Report on Europe Polyurethane (PU) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/europe-polyurethane-pu-market

Further key findings from the report suggest:

• Europe polyurethane market size was 4.91 million tons in 2015 and is expected to reach 6.90 million tons by 2024, growing at a CAGR of 3.8% from 2016 to 2024.
• Construction was the largest consumer of polyurethanes and accounted for over 35% of the overall volume in 2015. Electronics & appliances is expected to witness the highest growth of 5.3% over the forecast period.
• Germany was the leading consumer with demand share estimated at 17.4% in 2015. Being a major automotive manufacturing hub and exporter of passenger cars, rigid foams were the dominant product consumed in the country. The product accounted for nearly 30% of Germany’s PU consumption in 2015.
• Russia is expected to witness the highest growth of 4.3% over the forecast period. High construction output and growth of automotive industry is expected to drive the regional market.
• Key players operating in Europe PU market include BASF, The Dow Chemical Company, Bayer Material Science, Huntsman Corporation, Nippon Polyurethane Corporation Ltd., Foamex International and Evonik Industries.

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

Grand View Research has segmented the Europe Polyurethane (PU) Market on the basis of product, end-use and region:

Europe Polyurethane (PU) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 - 2024)

• Rigid Polyurethane Foam
• Flexible Polyurethane Foam
• Polyurethane Coatings
• Adhesives & Sealants
• Polyurethane Elastomers
• Sprayed Polyurethane Elastomers
• Cast Polyurethane Elastomers
• Others
• Others

Europe Polyurethane (PU) End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 - 2024)

• Furniture & Bedding
• Construction
• Electronics & Appliances
• Automotive
• Footwear
• Packaging
• Others

Europe Polyurethane (PU) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 - 2024)

• Germany
• UK
• France
• Italy
• Spain
• Belgium
• Russia
• The Netherlands
• Rest of Europe

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

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

Europe Industrial Air Filtration Market Competitive Analysis by Company Overview, Financial Performance, Product Benchmarking And Strategic Initiatives 2012-2020

Europe Industrial Air Filtration Market is expected to reach USD 1.69 billion by 2020, according to a new study by Grand View Research, Inc. Increasing need for effective and energy efficient filtration systems is expected to positively impact market growth over the forecast period. Low-efficiency filters may result in critical damage to the industrial components owing to which industrial air filters are of paramount importance in several industrial applications.

Stringent regulations and several government initiatives to limit emissions are expected to be the key forces driving the industrial air filtration market growth over the next few years. Legal enforcements pertaining to occupational health and safety regulations are also expected to fuel market demand. Presently, industrial processes involve high-level complexity of operations and utilize an increasing number of chemical compounds, many of which are highly toxic. 

The use of such hazardous substances results in gases, particulates, vapors and/or mists at workplace that exceeds safety levels on account of which the industrial air filtration market is expected to witness substantial growth over the forecast period. Furthermore, emergence of high-performance and technology advanced filter-media offer several market growth opportunities.

Full Research Report on Europe Industrial Air Filtration Market Analysis:
http://www.grandviewresearch.com/industry-analysis/europe-industrial-air-filtration-market

Further key findings from the study suggest:

• The HEPA filters segment is expected to witness high growth over the forecast period. These filters have the capability to eliminate sub-micron sized particles, droplets and/or contaminants utilizing advanced particle attraction and diffusion techniques. Furthermore, HEPA filters have proven to reduce performance degradation in several applications.
• The food industry is expected to emerge as a dominant application segment over the next few years. The aim of air filtration in the food sector is to guarantee supply of high-quality filtered air. Regulations pertaining to food safety along with retailer manufacturing standards and codes of practice for high risk food production provide avenues for market growth.
• Germany emerged as the largest regional market in 2013. Growth across the metal processing and food processing industry is expected to spur market growth over the next six years.
• Key market players include Donaldson Company Inc., Clarcor Inc, Camfil, Pall Corporation and Cummins Filtration. Manufacturers focus on developing efficient filtration systems along with increased emphasis on development of technologically advanced filter media. Furthermore, companies are increasingly shifting their manufacturing bases to Eastern Europe to lower manufacturing cost.

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

For the purpose of this study, Grand View Research has segmented the Europe Industrial Air Filtration Market on the basis of product, application and region:

Industrial Air Filtration Product Outlook (Revenue, USD Million, 2012 - 2020)
    • Dust Collectors
    • Mist Collectors
    • HEPA Filters
    • Cartridge Collectors & Filters
    • Baghouse Filters
Industrial Air Filtration Application Outlook (Revenue, USD Million, 2012 - 2020)
    • Cement
    • Food
    • Metals
    • Power
    • Pharmaceuticals
    • Others
Industrial Air Filtration Regional Outlook (Revenue, USD Million, 2012 - 2020)
    • Germany
    • UK
    • France
    • Italy
    • Turkey
    • Sweden
    • Spain
    • Poland
    • RoE (Rest of Europe)

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

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

Europe In-Vitro Diagnostics (IVD) Market Is Segmented On The Basis Of Product, Technology, Application, Test Location, And Region 2013-2024

Europe IVD Market is expected to reach over USD 15.5 billion by 2024 according to a new report by Grand View Research, Inc. This expected increase in the demand is ascribed to the presence of novel and promising technologies in clinical laboratories, such as the introduction of Troponin T test by Roche Diagnostics in May, 2011.

Persistent research and development efforts made to introduce automation in laboratories that perform analytical testsare projected to propel the market growth over the forecast period. Clinical laboratory operations require automated analyzers to cope with the large test volumes,which enhance the overall operational workflow. It minimizes the need for dedicated operator training andnegates the risk of human errors. In addition, the rising demand for portable and handheld IVD devicesis one of the major factors pushing forward the growth of the market.

The increasing prevalence of chronic diseases, such as diabetes, cancers, and cardiac dysfunctions and the rising geriatric population coupled with the rising awareness towards early diagnosis in low-income countries, such as Bulgaria, Finland, Malta, and Estoniaare the potential drivers of the Europe IVD market.

Full Research Report on Europe In-Vitro Diagnostics (IVD) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/europe-in-vitro-diagnostics-ivd-market

Further key findings from the study suggest:

• In 2015, the reagents segment dominated the Europe IVD market due to its increasing number of applications in the companion diagnostics area and the introduction of disease specific kits, such as the XpertTB kit
• The IVD instruments market is anticipated to show lucrative growth due to the introduction of portable instruments, such as MinION Analyzer by Oxford Nanopore, and the availability of various platforms to performtarget sequence analysis, thereby driving the overall demand
• Germany is one of the largest segments in 2015 with a share of over 19% owing to the presence of a larger geriatric population base in this region and the amendment ofthe German lawfor the prevention of hospital-acquired infections
• UK is expected to be the fastest growing regionduring the forecast period.The rising demand for the point-of-care devices coupled with the government interventions to incorporate innovative, cost-effective solutions in the healthcare services are expected to drive the market growth during the forecast period.
• The hospital-based IVD testing segment held the largest share of over 45% in 2015. The highprocedure volumes in this segment, is one of the major reasons resulting inthehigh share and;hence, is anticipated to maintain its market position over the forecast period.
• The market players of the Europe IVD market include Alere, Inc., bioMerieux, Inc., Hologic, Inc. (Gen-Probe), Roche Diagnostics, Qiagen N.V., Bio-Rad Laboratories, Inc., Quidel Corporation, Abbott Laboratories, Inc., Becton, Dickinson (BD) and Company, Inc., and Siemens Healthcare GmbH
• The presence of major IVD market players in Europe accelerates the penetration of the IVD products throughout the European Union. For instance, in September 2014, Roche Diagnostics launched the CE approved Cobas 6800/8800 systems, which offers IVD-based viral load monitoring withenhanced flexibility and automation.

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

Grand View Research has segmented the Europe In-Vitro Diagnostics (IVD) on the basis of Product, Technology, Application, Test Location, And Region:

Europe In-Vitro Diagnostics (IVD) Market, by Product (USD Million), 2013 - 2024

• IVD Instruments
• IVD Reagents
• Services
• Data Management

Europe In-Vitro Diagnostics (IVD) Market, by Technique (USD Million), 2013 - 2024

• Immunochemistry
• Microbiology
• Molecular diagnostics
• Hematology
• Clinical Chemistry
• Coagulation
• Other Clinical Instruments

Europe In-Vitro Diagnostics (IVD) Market, by Application (USD Million), 2013 - 2024

• Infectious Diseases
• Diabetes
• Oncology/Cancer
• Cardiology
• Nephrology
• Autoimmune Diseases
• Drug Testing
• Others

Europe In-Vitro Diagnostics (IVD) Market, by End-use (USD Million), 2013 - 2024

• Hospitals
• Laboratory
• Patient self-testing
• Point-of-care testing
• Academics
• Others

Europe In-Vitro Diagnostics (IVD) Market, by Country (USD Million), 2013 - 2024

• Germany
• UK
• France
• Switzerland
• Spain
• Italy
• Belgium
• Austria
• Netherlands
• Sweden

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/europe-in-vitro-diagnostics-ivd-market-analysis            

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

Ethylene Glycols Market Is Expected to Reach USD 33.36 Billion by 2020

Global Market for Ethylene Glycol is expected to reach USD 33.36 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for polyethylene terephthalate (PET) for packaging applications, primarily in Asia Pacific and Latin America is expected to remain a key driving factor for the market. In addition, growth from global textiles industry is also expected to support the ethylene glycol market development over the forecast period. Volatile prices and tight supply of raw materials, on account of frequent fluctuations in crude oil prices is expected to inhibit the market growth over the next six years.

Mono Ethylene Glycol (MEG) emerged as the leading product segment and accounted for 89.9% of total market volume in 2013. MEG in addition to being the largest product segment is also expected to be the fastest growing ethylene glycol at an estimated CAGR of 4.8% from 2014 to 2020. MEG is mainly used for manufacturing PET and growth of global beverages market is expected to drive the demand for MEG over the forecast period. Global market for di-ethylene glycol (DEG) is expected to reach USD 337.1 million by 2020.

Full Research Report on Global Ethylene Glycols Market Analysis:
http://www.grandviewresearch.com/industry-analysis/ethylene-glycols-industry

Further key findings from the study suggest:

• The global market volume for ethylene glycols was 16,511 kilo tons in 2013 and is expected to reach 22,815.4 kilo tons by 2020, growing at a CAGR of 4.7% from 2014 to 2020.

• PET emerged as the leading application market for ethylene glycols and accounted for 44.2% of total market volume in 2013. Growth of beverages industry mainly in Asia Pacific and Latin America is expected to drive this market over the next six years. Polyester fibers are expected to be the fastest growing market for ethylene glycols at an estimated CAGR of 5.1% from 2014 to 2020.

• Asia Pacific dominated the global ethylene glycols market and accounted for 66.5% of total market volume in 2013. Asia Pacific along with being the largest market is also expected to be the fastest growing market for ethylene glycols at an estimated CAGR of 4.9% from 2014 to 2020. This can be attributed to the growth of textile and automotive industries in the region. North America and European markets for ethylene glycols have reached their saturation point and are expected to grow at a relatively lower growth rates over the forecast period.

• The global market for ethylene glycol is fairly concentrated with top four companies operating in the market including SABIC, Dow Chemical Company, Sinopec and Shell Chemical accounted for over 50% of total market in 2013. Other companies operating in the market include Formosa Plastics Group, Honam Petrochemicals and Ineos.

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

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

   

 • Global Ethylene Glycol Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Monoethylene Glycol (MEG)
            • Diethylene Glycol (DEG)
            • Triethylene Glycol (TEG)
    • Global Ethylene Glycol Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • PET
            • Polyester Fibers
            • Antifreeze
            • Films
            • Others
    • Ethylene Glycol Regional Outlook (Volume, Kilo tons; 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-ethylene-glycols-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