Subsea Manifolds Market Demand Is Expected To Grow At A CAGR Of 5.0% From 2017 To 2025

Global Subsea Manifolds Market is expected to be valued at USD 5.08 billion by 2025, according to a new report by Grand View Research, Inc. Increasing deepwater drilling activities and favorable revised offshore regulations have been a major factor driving the market growth. 

Subsea manifolds are utilized to direct fracturing fluids to the wells and to extract the produced fluids from the well into the flow lines. Subsea manifolds are devised to withstand the harsh conditions in deepwater. These systems are customizable as per the type of the soil in the sea bed. The manifolds can be utilized for horizontal or vertical connections with the resource bed in deepwater. They have a highly customizable design and are able to connect to multiple wells at the same time.

Subsea manifolds facilitate the employment of a number of Enhanced Oil Recovery (EOR) strategy. 

The production manifold is employed for various applications by E&P companies including, isolations, testing, allocation management, and sampling. They are also employed to bring the produced fluids on to the surface via flow lines. Owing to these factors, production segment had the largest market share of 61.1% in 2016, and is anticipated to show a steady growth over the next eight years.

Injection is projected to grow at an estimated CAGR of 5.4% over the forecast period of 2016 to 2025, and thus be the fastest-growing segment in the application category. Injection manifolds can be customized to handle various types of fluids including, water-alternating-gas, gas, water, oil-based fluids, synthetic-based fluids, and foam-based fluids. These manifolds are subjected to immense pressure in deepwater and need to be built to withstand the harsh operating conditions; which thus makes their manufacturing cost high. This factor is anticipated to positively drive the injection segment growth over the forecast period of 2017 to 2025.

Access Full Research Report on Global Subsea Manifolds Market Analysis:
http://www.grandviewresearch.com/industry-analysis/subsea-manifolds-market

Further key findings from the report suggest:

• The global subsea manifolds demand was valued at USD 3.31 billion in 2016 and is expected to grow at a CAGR of 5.0% from 2017 to 2025
• Production emerged as the largest application segment in 2016 and is estimated to generate revenue of USD 3.02 billion by 2025
• Injection is anticipated to be the fastest growing application segment over the next eight years and is estimated to grow at a CAGR of 5.4%
• Global subsea manifolds demand in production application was valued at USD 2.02 billion in 2016 and is anticipated to witness steady growth over the next eight years
• The U.S. subsea manifolds market in applications category was valued at USD 0.38 billion in 2016 and is estimated to be valued at USD 0.57 billion by 2025
• The Asia Pacific region is anticipated to witness high growth at a CAGR of 5.3% by 2025. Increasing financial aid tax benefits and government initiatives to exploit hydrocarbon reserves sustainably in South Korea, China, and India, is expected to drive market penetration in this region over the next few years.
• Major players in the industry include Schlumberger, Weatherford International, Halliburton, Archer Limited, and Baker Hughes. In order to expand their product portfolio and gain market share, these major players are often indulged in mergers, joint ventures, & acquisitions.

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

Grand View Research has segmented the Global Subsea Manifolds Market on the basis of application, and region:

Subsea Manifolds Application Outlook (Revenue, USD Million, 2014 - 2025)

• Production
• Injection

Subsea Manifolds Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Norway
• Asia Pacific
• China
• Indonesia
• Central & South America
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-subsea-manifolds-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: www.grandviewresearch.com

Facial Injectables Market Is Expected To Grow At A CAGR Of 11.5% During The Forecast Period 2014-2025

Global Facial InjectablesMarket is expected to reach USD 17.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to exhibit lucrative growth during the forecast period, owing to advancements in facial rejuvenation procedures and increasing importance of medical aesthetics across the globe.

Development in products & procedures, as well as change in patient demographics is helping dermatologists and physicians treat multiple facial areas. These advancements help dermatologists or physicians develop customized treatment for patients and facilitate use of combination products to obtain better outcomes. All these factors are expected to assist in the market growth over the forecast period. Augmented products such as Botulinum Toxin Type A (BoNTA) and Hyaluronic Acid (HA) fillers are used in combination to improve outcomes, especially in the lower face procedures. HA fillers are mostly preferred by physicians due to their better acceptance (few instances of hypersensitivity reactions), biodegradable nature, & high viscosity as well as for the longevity they provide to the restored volume.

Minimally invasive surgery, an advanced medical technology, is used for facial rejuvenation, endoscopy, laparoscopy, arthroscopy and other procedures. This procedure is gaining popularity over time owing to faster recovery, low instances of postsurgery infections, lower pain, reduced scarring, and high accuracy & maximum benefits. For instance, as per International Society of Aesthetic Plastic Surgery (ISAPS), more than 20.0 million surgical and nonsurgical cosmetic procedures were performed worldwide in 2014.The number of HA-based surgeries performed in 2014 was 2,690,633, which increased to 2,865,086 in 2015, which is thereby expected to contribute to the growth of this space over the forecast period.

Full Research Report on Global Facial Injectables Market Analysis:
http://www.grandviewresearch.com/industry-analysis/facial-injectables-industry

Further key findings from the study suggest:

• The hyaluronic acid segment held a lucrative share in 2016 and is expected to grow at a significant rate over the forecast period owing to increasing preference for combination treatments such as hyaluronic acid with BoNTA.
• The BoNTA segment is anticipated to witness the fastest growth over the forecast period due to increasing application in aesthetics and therapeutics
• The aesthetics segment is expected to dominate the market during the forecast period owing to increasing expenditure on aesthetic procedures coupled with rising beauty consciousness among consumers
• North America is expected to dominate the facial injectables market over the forecast period due to growing geriatric population base, increasing consumer disposable income, and surge in number of facial procedures in the region
• Some of the key players in facial injectables market are ALLERGAN; Ipsen; Merz Pharma; Suneva Medical, Inc.; Medytox, Inc.; Sinclair Pharma; Bloomage BioTechnology Corporation Limited; Anika Therapeutics, Inc.; Prollenium Medical Technologies Inc.; and Galderma S.A.

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 Facial Injectables Market on the basis of product, application, and region:

Facial Injectables Product Outlook (Revenue, USD Million, 2014 - 2025)

• Collagen
• Hyaluronic Acid (HA)
• Botulinum Toxin Type A
• Calcium Hydroxylapatite (CaHA)
• Polymer Fillers
• Polymethylmethacrylate Beads (PMMA Microspheres)
• Poly-L-lactic acid (PLLA)

Facial Injectables Application Outlook (Revenue, USD Million, 2014 - 2025)

• Aesthetics
• Therapeutics

Facial Injectables Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-facial-injectables-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: www.grandviewresearch.com

Automotive Infotainment Market Size Is Projected To Reach $37.62 Billion By 2025

Global Automotive Infotainment Market is expected to reach USD 37.62 billion by 2025, according to a new study by Grand View Research, Inc. The increasing adoption of smartphones is anticipated to have a significant impact on the in-car infotainment market, as they are the most prominently used connectivity gateways of an infotainment system.

The demand for enhanced driving experience is also predicted to drive the market over the forecast period. The increased focus on driver comfort and convenience has led to the development of various automotive infotainment systems, which offer innovative features such as voice control, Bluetooth connectivity, real-time traffic updates, and navigation information. These features provide comprehensive vehicle information to the driver and thereby, enhance safety and driving experience. However, these systems involve high costs of integration and are primarily integrated in premium and luxury vehicles. Inadequate infotainment security and privacy are predicted to hinder the growth of the automotive infotainment market.

The use of infotainment systems in commercial vehicles is mainly driven by the widespread adoption of navigation units. The implementation of navigation and communication units in a commercial vehicle has increased operational efficiency and enabled a reduction in response time during emergency situations. As commercial vehicles have high travel time, compared to passenger cars, improving safety and driver experience is very essential.

Full Research Report on Global Automotive Infotainment Systems Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market

Further key findings from the study suggest:

• The communication unit dominated the product segment and was valued at USD 3.9 billion in 2016
• The head-up display segment is expected to be the fastest-growing segment with an anticipated CAGR of 13.5% over the forecast period
• The key success factor for various participants to gain traction in the market is building cost-effective and driver-centric automotive infotainment systems
• Automotive infotainment aftermarket products are cost-effective, as compared to OE fitted, and are much preferred by price sensitive consumers
• The passenger car segment is expected to grow at the highest CAGR of 11.4% over the forecast period, owing to the growing trend of low-cost passenger cars
• The Asia Pacific region is predicted to witness a CAGR of 11.3% during the forecast period, owing to the presence of prominent OEMs such as Hyundai Motor Company and Toyota Motor Corporation
• The key industry participants of the market include Continental AG, Harman International, Panasonic Corporation, Alpine Electronics, Inc., Denso Corporation, Pioneer Corporation, Visteon Corporation, Clarion Co., Ltd., Delphi Automotive PLC, and JVC KENWOOD Corporation

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 Automotive Infotainment Market based on product types, fit types, applications, and regions:

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

• Audio Unit
• Display Unit
• Head-up display
• Navigation Unit
• Communication Unit

Automotive Infotainment Fit Type Outlook (Revenue, USD Million; 2014 - 2025)

• OE fitted
• Aftermarket

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

• Passenger Cars
• Commercial Vehicles

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

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

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-infotainment-systems-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: www.grandviewresearch.com

Wind Power Market By Application And Segment Forecasts Up To 2020

Global Wind Power Market is expected to reach 760.35 GW by 2020 on account of increasing regulatory support from governments particularly in Europe in order to reduce carbon emissions. Furthermore, financial incentives and tax benefits in countries such as U.K., Italy, Brazil, Spain, U.S. and China have fuelled growth leading to a significant market share in overall electricity generation.

Industrial applications accounted for more than 40% of the total market in 2014 and hence dominated the global market. In addition, industrial application is expected to witness fastest growth, growing at over 13% CAGR from 2015 to 2022.

Rising energy needs in countries such as China, Brazil and India, owing to rapid industrialization is expected to have a positive impact on wind power generation industry. Wind power finds extensive use in various sectors including commercial heating/lighting applications and residential.

Europe had a cumulative installed capacity of 130.85 GW in 2014 and was the leading market for wind power. Europe’s framework legislation and its target to reduce carbon footprint by 2020 is expected to ensure continuous growth of the industry over the forecast period. Furthermore, large investment opportunities in countries including Ukraine and Russia are expected to have a positive impact on market growth. Growing demand from countries including Spain, France, U.K., Italy, and 

Germany is expected to drive market growth over the forecast period. However, market saturation is a major restraint for the region and is expected to hamper growth over the next six years. 

Asia Pacific is expected to witness fastest growth going forward till 2022. Rising government initiatives undertaken by government of India and China to develop wind power generation as means to increase their renewable energy portfolio is likely to propel demand. Asia Pacific accounted for more than 34% of total installed capacity in 2012. Middle East and Africa is projected to be the fastest growing regional market at a CAGR more than 43%. 

North America was the third largest wind power market in 2012. Regional market is expected to grow on account of extension of Production Tax Credit as a part of fiscal cliff package by the U.S. Congress. U.S added a large capacity for wind power generation in 201 and emerged as the largest source of new electricity generation by accounting for over 40% of capacity added. 

Global wind power market is highly fragmented. Some of the major players operating in the global wind power industry include Gamesa, Sinovel, GE Wind, Vestas, Mingyang, Enercon, Goldwind, Suzlon Group, United Power and Siemen

Full Research Report On Global Wind Power Industry Analysis: http://www.grandviewresearch.com/industry-analysis/wind-power-industry

Further Key findings from the study suggest:

• Europe emerged as the leading market for wind power with a cumulative installed capacity of 109.80 GW of the total market in 2012. Europe’s framework legislation and its target to reduce carbon footprints by 2020 are expected to ensure continuous growth of wind power market in the region

• Germany, UK, Italy, Spain and France represent some of the leading markets in Europe. However, huge investment opportunities exist in the Eastern European countries such as Russia, Ukraine etc.

• Owing to rapid strides taken by India and China to develop wind power generation, Asia Pacific is expected to overtake Europe to lead the global market by 2020. Asia Pacific accounted for 35.6% of the total installed capacity in 2012. Wind power accounted for a 2% of the total electricity produced in China up from 1.5% in 2011.

• North America emerged as the third largest wind power market in 2012. Extension of Production Tax Credit as a part of fiscal cliff package by the U.S. Congress is expected to be a key factor driving the regional market for wind power. The U.S. saw a record number of capacity addition in 2012 as wind power emerged as the largest source of new electricity generation by accounting more than 40% of new capacity added.

• Some of the key companies operating in the global wind power market include GE Wind, Vestas, Siemens Wind Power, Enercon, Suzlon Group, Gamesa, Goldwind, United Power, Sinovel and Mingyang.

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

Grand View Research Has Segmented The Global Wind Power Market On The Basis Of Application And Region:

Wind Power Application Outlook
        • Industrial
        • Residential
        • Commercial
Wind Power Regional Outlook
        • North America
                • U.S.
        • Europe
                • UK
                • Spain
                • Germany
                • France
                • Italy
        • Asia Pacific
                • India
                • China
                • Japan
        • RoW
                • Brazil

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wind-power-market                             

About Grand View ResearchGrand 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: www.grandviewresearch.com

Wireless Gigabit Market Analysis by Type, Application, End-Use, Segments and Forecasts Up To 2024

Global Wireless Gigabit (WiGig)Market size is expected to reach USD 7.42 billion by 2024, according to a new report by Grand View Research, Inc. The increasing requirement for improved internet connectivity and better speed is driving the high-speed Internet growth across the globe. Moreover, the high penetration of smartphones and use of multiple devices are contributing to the overall industry growth. Global consumers demand high-speed connectivity without wires fastening them to their devices. Due to its capability of providing multi-gigabit data transfer, the technology is widely used in applications right from video streaming to backing up files.

As consumers demand wireless videos and data continues to grow, 802.11ad in the 60GHz spectrum shall provide more enhanced network capacity that makes it a feasible extension for the congested 2.4GHz/5GHz Wi-Fi spectrum.

Companies serving verticals such as media and entertainment, online gaming, healthcare, hospitality, educational institutions, research environments, and financial services, among others require a big bandwidth and high-speed Ethernet options. Furthermore, businesses are increasingly deploying resources to the cloud, whether a public, private, or hybrid cloud environment. Maximizing the effectiveness of cloud computing depends on the sufficient broadband speed and reliability that is also cost-effective. Such factors are increasingly contributing toward the rapid industry growth.

However, the escalation in productivity from BYOD devices has put more pressure on wireless networks, making costs harder to control and the devices more complex to manage within an organization. Due to the growing transition toward virtualization and BYOD, business networks are struggling with increased complexity.

Full Research Report on Global Wireless Gigabit (WiGig) Market Analysis: http://www.grandviewresearch.com/industry-analysis/wireless-gigabit-wigig-market

Further key findings from the study suggest:

• The 802.11ac segment dominated the industry, which is anticipated to grow at a CAGR of nearly 30% over the forecast period. The exponential growth of virtualization, video, and mobility has led to an increase in the demand for bandwidth. Moreover, organizations require robust, adaptable, and easily positioned wireless LAN solutions as more of their workforces are      accessing the network using intelligent mobile devices that run high bandwidth applications. These factors are leading to the rapid adoption of 802.11ac-enabled devices.
• The consumer electronics segment is anticipated to significantly dominate the industry over the forecast period with a CAGR of over 31%, owing to the increasing proliferation of consumer devices such as smartphones, tablets, and laptops. Owing to the rise in the adoption of these consumer devices, many business networks have experienced network congestion issues along with interference. This has led several network operators to move their dual-band services to operate using the 5GHz spectrum, thus driving the growth of the WiGig market.
• IT & telecom led the industry with a share of 29% in 2015. With the improvement in the telecom connectivity, companies are increasingly adopting applications such as BYOD throughout their operations. Moreover, the increase in the employee strength and the growing demand for worldwide coordination have, in turn, increased the demand for the high-speed Internet. This propels the IT & telecom organizations to use WiGig solutions across their businesses.
• Asia Pacific is projected to be a key regional segment with over 45% of the overall revenue share in 2015. The presence of a large number of WiGig manufacturers is the key factor for the dominating share accounted by the region. The presence of robust economies, such as India and China, is also expected to drive the regional growth. Moreover, the rising adoption of third-party platforms by enterprises, along with varied government initiatives, is projected to drive the need for smart network solutions.
• The key vendors in the WiGig market include Intel Corporation, Qualcomm, Broadcom Corporation, Panasonic Corporation, Marvell Technology Group Ltd., NEC Corporation, Cisco Systems, Inc., MediaTek, Nvidia Corporation, and Azurewave Technologies, Inc. Industry players are continuously investing in partnerships and new products to create opportunities for entering into new verticals and gaining a significant industry share.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Wireless Gigabit (WiGig) Market on the basis of type, product, end-use, application, and region:

WiGig Type Outlook (Revenue, USD Million, 2014 - 2024)

• 802.11ac
• 802.11ad

WiGig Product Outlook (Revenue, USD Million, 2014 - 2024)

• Consumer electronics
• Networking devices

WiGig End-use Outlook (Revenue, USD Million, 2014 - 2024)

• Large enterprises
• SMBs
• Residential

WiGig Application Outlook (Revenue, USD Million, 2014 - 2024)

• BFSI
• Government
• IT & Telecom
• Retail
• Healthcare
• Others

WiGig Regional Outlook (Revenue, USD Million, 2014 - 2024)

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

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wireless-gigabit-wigig-market                            

About Grand View ResearchGrand 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: www.grandviewresearch.com

Wood And Laminate Flooring Market Analysis By Product, Application And Segment Forecast Up To 2020

Global Wood And Laminate Flooring Market is expected to reach USD 92.64 billion by 2020, according to a new study by Grand View Research, Inc. Technological advancements have led to the development of new innovative products and do-it-yourself (DIY) installation techniques, which has substantially widened the scope across residential as well as commercial flooring applications. Increasing demand in the new construction and home improvement sectors is expected to be the key driving force for the wood & laminate flooring market over the forecast period.

Raw material costs have had a significant impact on the wood & laminate flooring industry. The volatile prices of wood and other raw materials and the increasing costs of production are expected to challenge wood & laminate flooring industry growth over the forecast period. Stringent laws and regulations against deforestation by governments across the globe and the consequent need of imports of raw materials have shrunk manufacturers’ profits to a large extent. Increasing concern over environmental impact has considerably affected the wood & laminate flooring market.

Full Research Report on Global Wood And Laminate Flooring Market Analysis: http://www.grandviewresearch.com/industry-analysis/wood-and-laminate-flooring-market

Further key findings from the study suggest:

• Engineered wooden floors have gained prominence over the last few years owing to favorable characteristics such as cost-effectiveness, exclusiveness, and dimensional stability. Solid wood constitutes a significant market share owing to its moderate price, albeit installation and finishing considerably increase the total time and cost requirements. Although a vast majority of the market is comprised of hardwood species, softwood flooring is used in niche applications.
• Wood & laminate flooring is primarily preferred in residential applications with residential replacement generating significant demand. Residential new construction and commercial sectors such as retail have increasingly adopted wood & laminate flooring solutions. Owing to their ability to sustain high traffic, laminate flooring has witnessed a surge in demand from commercial sectors.
• Increased demand from the BRIC countries (Brazil, Russia, India, and China) is expected to open up new avenues for wood & laminate flooring market growth over the forecast period. Changing lifestyles coupled with increasing construction activity in Asia Pacific are expected to propel market growth in the region. Wood flooring demand in regions experiencing perennially cold climatic regions such as the U.S. and majority of the European countries is expected to be augmented as wood helps to maintain warmth.
• Key wood & laminate flooring market players include Shaw Industries, Pergo, Mohawk Industries, Millstead, Mannington Mills, Interface, Bruce, and Armstrong. Emerging market players have innovated to make their presence felt in the industry. Some of the recent trends include Smith & Fong Corporation’s side-ways flooring and Columbia Forest Products’ & Teragren’s PureBond technology flooring.

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

For the purpose of this study, Grand View Research has segmented the Global Wood And Laminate Flooring Market on the basis of product, application, and region:

Wood & Laminate Flooring Product Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

• Wood Flooring
• Red oak
• White oak
• Maple
• Others
• Laminate Flooring

Wood & Laminate Flooring Application Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

• Residential
• Commercial
• Industrial

Wood & Laminate Flooring Regional Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

• 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-wood-and-laminate-flooring-market                           

About Grand View ResearchGrand 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: www.grandviewresearch.com

Wood Plastic Composite (WPC) Market Analysis by Type, Application, Region, Global Trends and Forecasts Up To 2024

Global Wood Plastic Composite Market is expected to reach USD 9.77 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for wood plastic composites in construction industry particularly in decking, fencing, and molding & siding applications is expected to be the key driver for the market growth. Superior mechanical strength, low maintenance and weight reduction offered by these products are expected to propel demand in the construction industry over the next eight years.

Rising automakers focus towards making every automotive part biodegradable, and recyclable is expected to open new avenues for the material over the next eight years. The product is used in door panels, seat cushions, cabin linings, backrests, and dashboards. The most commonly used wood species for commercial wood plastic composite products include maple, oak, and pine. Product cost and regional availability of raw material are expected to be a key factor for wood plastic composites manufacturers over the projected period.

Rising application scope for wood plastic composites for manufacturing various other products including musical instruments, shoe soles, toys, and trays is expected to have a positive impact on the market growth. Growing demand for bio-plastics in niche applications such as household electronics and edge protection for packaging is expected to propel demand over the projected period. 

Full Research Report on Wood Plastic Composite (WPC) Market Analysis: http://www.grandviewresearch.com/industry-analysis/wood-plastic-composites-market

Further key findings from the report suggest:

• North America was the largest segment for the Wood Plastic Composite market in 2015 accounting over 45% of the global volume. Growing construction sector in the region owing to rising investments in new infrastructure projects is expected to augment growth. Furthermore, increasing residential and commercial building renovation activities in the region is expected to      have a positive impact on the growth.
• Polyethylene based wood plastic composites dominated the industry accounting over 55% of the market share. Excellent molecular bonding stability and structure offered by polypropylene, which makes the product robust, is expected to be a key factor for the product demand.
• Europe demand for wood plastic composites in automotive applications was valued over USD 65 million in 2015. Automotive industry is the most crucial sector in the Europe and accounts over 4% of European GDP. Germany dominated the premium car production in 2015 accounting over 40% of the total market. Adoption of new technologies, increasing use of bio-based products and high investments in R&D are expected to open new avenues for the product market.
• Key players in the industry include Advanced Environmental Recycling Technologies, Inc., Axion International, Inc., Fkur Kunststoff GmbH, Beologic N.V., Certainteed, Fiberon, LLC, JELU-WERK J. Ehrler GmbH & Co. KG, Guangzhou Kindwood Co. Ltd., Josef Ehrler GmbH & Co. Kg, Polymera, Inc., Renolit, Polyplank AB, Tamko Building Products, Inc., Timbertech and Trex Company, Inc.

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 Wood Plastic Composite (WPC) Market on the basis of product, application and region:

Wood Plastic Composite Market Product Outlook (Volume, KiloTons; Revenue, USD Million, 2013 - 2024)

• Polyethylene
• Polypropylene
• Polyvinylchloride
• Others

Wood Plastic Composite Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Automotive components
• Building and construction
• Decking
• Molding & siding
• Fencing
• Industrial and consumer goods
• Others

Wood Plastic Composite Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Russia
• Asia Pacific
• China
• India
• Japan
• Australia
• New Zealand
• Latin America
• Brazil
• Middle East & Africa

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wood-plastic-composite-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: www.grandviewresearch.com