Immunoprotein Diagnostic Testing Market Analysis By Type, Technology, Application, And Segment Forecast Up To 2025

Global Immunoprotein Diagnostic Testing Market is anticipated to reach USD 10.3 billion by 2025, according to a new report by Grand View Research, Inc. This growth can be attributed to the rising incidence of chronic diseases.

According to American Heart Association’s 2017 statistics, nearly 790,000 people experience heart attack every year in the U.S. In addition, stroke is responsible for 1 in every 20 deaths in the U.S. Hence, WHO is also taking initiatives to reduce the risk of cardiovascular diseases. As a result of the aforementioned factors, the demand for immunoprotein diagnostics is expected to rise in order to facilitate rapid diagnosis.

According to WHO, nearly 1.69 million deaths due to lung cancer were registered in 2015 throughout the world. Hence, fast and accurate diagnosis of such chronic diseases has become important to reduce the high mortality rate. Immunoprotein diagnostic devices and reagents have proved to be highly effective in rapidly detecting chronic diseases.

Technological advancements in the field of immunoprotein diagnostics have led to introduction of novel products. For instance, LIAISON XL, manufactured by DiaSorin, is a fully automated chemiluminescence analyzer that facilitates complete sample processing. It also measures and evaluates testing samples, thereby, enhancing the efficiency and throughput of the system.

Full Research Report on Global Immunoprotein Diagnostic Testing Market Analysis:
http://www.grandviewresearch.com/industry-analysis/immunoprotein-diagnostic-testing-industry

Further key findings from the study suggest:

• In 2016, immunoglobulin tests dominated the market owing to their frequent usage by healthcare professionals for diagnosing infectious or autoimmune disorders
• C-Reactive Protein (CRP) tests held a significant market share in 2016 due to the broad product portfolio of these assays and reagents
• Infectious disease testing held largest market share in 2016 owing to the increasing prevalence of infectious diseases and high applications of immunoprotein tests
• Enzyme-based immunoassays dominated the market in 2016 due to their frequent usage and availability of large number of products that possess this technology
• Chemiluminescence assay is anticipated to witness highest growth over the forecast period due to its high sensitivity and specificity
• North America dominated the market in 2016 due to rising prevalence of cancer & increase in mortality due to cancer-related diseases and favorable healthcare reimbursement scenario in the U.S.
• Some of the key players are Bio-Rad Laboratories, Inc.; F. Hoffmann-La Roche AG; Abbott Laboratories; Enzo Biochem, Inc.; Thermo Fisher Scientific, Inc.; DiaSorin S.p.A; bioMérieux SA; and Siemens Healthcare GmbH

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

Grand View Research has segmented the Global Immunoprotein Diagnostic Testing Market on the basis of test type, application, technology, and region:

Immunoprotein Diagnostic Testing Test Type Outlook (Revenue, USD Million, 2014 - 2025)

• Complement System Proteins Diagnostic Tests
• Free Light Chain Diagnostic Tests
• Haptoglobin Diagnostic Tests
• Immunoglobulin Diagnostic Tests
• Prealbumin Diagnostic Tests
• C-Reactive Protein (CRP) Diagnostic Tests 

Immunoprotein Diagnostic Testing Application Outlook (Revenue, USD Million, 2014 - 2025)

• Infectious Disease Testing
• Oncology Testing
• Endocrine Testing
• Toxicology Testing
• Allergy Testing
• Autoimmune Disease Testing

Immunoprotein Diagnostic Testing Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Radioimmunoassay
• Enzyme-based Immunoassay
• Chemiluminescence Assay
• Immunofluorescence Assay
• Immunoturbidity Assay
• Immunoprotein Electrophoresis

Immunoprotein Diagnostic Testing Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-immunoprotein-diagnostic-testing-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 visit: www.grandviewresearch.com

Fire Safety Equipment Market Analysis By Solution, Product Application And Segment Forecast Up To 2022

Global Fire Safety Equipment Market is expected to reach USD 43.60 billion by 2022, according to a new report by Grand View Research, Inc. Emerging technologies such as wireless sensor networks coupled with stringent safety regulations across the globe resulting in extensive use of advanced devices is expected to play a vital role in augmenting demand over the next seven years.

Stringent enforcement of building and safety codes are expected to increase penetration of these devices in infrastructure and construction segment. Growing adoption of advanced detection technologies and environment-friendly suppression agents is projected to play a vital role in shaping market dynamics.

Growing use of fire safety equipment in critical mass transportation infrastructure such as airports and intelligent transportation systems is expected to open new avenues for industry growth. Radically growing commercial sector, rapid industrialization and growing overall real estate industry in the developing countries is anticipated to fuel the demand.

However, the inconsistent enforcement of these codes is challenging manufacturers across the globe. Additionally, the rising maintenance and replacement services can hinder industry demand.

Full Research Report on Global Fire Safety Equipment Market Analysis:
http://www.grandviewresearch.com/industry-analysis/fire-safety-equipment-market

Further key findings from the report suggest:

• The fire detectors market has significant growth opportunities owing to continuous innovations in smart home automation related applications. The industry is estimated to grow at a CAGR of over 7.5% by 2022. Further, increased adoption of safety standards and norms in industrial sectors such as power, oil & gas and transportation are also anticipated to fuel their demand.
• The demand for fire suppression equipment across industrial applications is estimated to grow at a CAGR of over 9.0% from 2015 to 2022. Oil & gas is the primary field responsible for the expansion of these devices on a large scale. Rising investment of companies for safeguarding the infrastructure and reducing the loss of property and life across different commercial applications is estimated to further propel demand across the commercial sector.
• Asia Pacific fire safety equipment market is estimated to grow at a CAGR of over 12.5% from 2015 to 2022. Growing economy combined with expanding construction sector offers a strong platform for investments across the region. Rising number of fire accidents across countries such as China, India are highlighting the need for better safety standards across varied commercial segments. Additionally, growing number of SMEs and enterprises are also anticipated to propel market growth
• Key industry participants include Honeywell International, Tyco International, Bosch GmbH, Siemens Building Technologies and United Technologies.

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

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

Fire Safety Equipment Solution Outlook (Revenue, USD Million, 2012 - 2022)

• Fire detection
• Fire suppression

Fire Detection Equipment Product Outlook (Revenue, USD Million, 2012 - 2022)

• Fire detectors
• Flame
• Smoke
• Heat
• Fire alarms

Fire Detection Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)

• Commercial
• Industrial
• Residential

Fire Suppression Equipment Product Outlook (Revenue, USD Million, 2012 - 2022)

• Fire extinguishers
• Gas
• Water
• Dry chemical powder
• Others
• Fire sprinklers

Fire Suppression Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)

• Commercial
• Industrial
• Residential

Fire Safety Equipment Regional Outlook (Revenue, USD Million, 2012 - 2022)

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

View Blog On this Report By Grand View Research: http://www.grandviewresearch.com/blog/fire-safety-equipment-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: www.grandviewresearch.com

Fire Resistant Glass Market Demand Is Expected To Growing At A CAGR Of 9.6% During Forecast Period 2016-2024

Global Fire Resistant Glass Market is expected to reach USD 7.28 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for fire resistant glass owing to the increasing investments by the regional governments on infrastructure development in emerging regions including Asia Pacific and the Middle East is expected to drive the market over the next eight years.

Rising application scope in the marine industry pertaining to increasing demand for fire proof cabins in ships used for commercial and naval applications is expected to drive the demand over the next eight years. Moreover, rising investment in ship manufacturing activities from emerging economies such as China and India are expected to drive the demand over the forecast period.

Increased use of fire resistant automotive glass by the automotive manufacturers, on account of growing demand from consumers to enhance the safety standards of the vehicles is expected to propel the demand. Moreover, growing technological innovations along with rising fire safety standards of the vehicles globally are likely to augment demand over the next eight years.

Ceramic glass accounted for over 40% of the market in terms of volume on account of fire resistant and sound insulation properties. Growing use of the product in fire doors is likely to drive the market demand over next eight years.

Full Research Report on Global Fire Resistant Glass Market Analysis:
http://www.grandviewresearch.com/industry-analysis/fire-resistant-glass-market

Further key findings from the report suggest:

• The global fire resistant glass market demand was 13.4 million square meters in 2015 and is expected to reach 30.5 million square meters by 2024, recording a CAGR of 9.6% from 2016 to 2024.
• Gel filled glasses are expected to be the fastest growing product segment registering a CAGR of over 15% from 2016 to 2024. Ability to maintain relatively low temperature on the non-fire side of the affected building by acting as a fire shield on account of the heat absorbing capabilities of the gel is likely to fuel the growth of fire resistant glass market over next eight years.
• Other applications including automotive, oil & gas and, military & defense are expected to register a CAGR of around 9% from 2016 to 2024 accounting for 19.6% of total market volume in 2015. Rapid growth in the automotive industry in the emerging economies such as Asia Pacific and Latin America owing to increasing demand for automobiles and rising disposable income of consumers is expected to drive the growth over the forecast period.
• Ceramic glass held the largest market share, owing to its wide application scope in various end use industries including construction, automotive, oil & gas, and marine. Growing application scope on account of its prolonged fire rating ranging from 20 minutes to 3 hours is expected to drive the market demand for the product over the forecast period.
• Asia Pacific accounted for a significant market share of around 19% in 2015. Ready availability of raw material coupled with cheaper manufacturing costs are expected to drive the market growth. The region is also projected to witness the growth of 11% from 2016 to 2024.
• The industry is moderately fragmented with the presence of a large number of prominent market participants across the globe. Some leading companies operating in the global market include Saint-Gobain, Pyroguard UK Ltd, Schott AG, NSG Pilkington, and Asahi Glass Co. Ltd. Saint-Gobain SA is a producer and distributor of construction and high-performance materials and packaging headquartered in France. The company operates in four business segments including innovative materials, high performance materials, construction products and building distribution.
•  In July 2015, Saint-Gobain agreed to buy Oregon-based Structus Building Technologies, a manufacturer of innovative, high-performance drywall corner solutions.

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

Grand View Research has segmented the Global Fire Resistant Glass Market by product, application, and region:

Global Fire Resistant Glass Product Outlook (Volume, Million Square Meter; Revenue, USD Billion, 2013 - 2024)

• Wired
• Ceramic
• Tempered
• Gel Filled

Global Fire Resistant Glass Application Outlook (Volume, Million Square Meter; Revenue, USD Million, 2013 - 2024)

• Construction
• Marine
• Others

Global Fire Resistant Glass Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Latin America
• Brazil
• Middle East and Africa

View Press Release of this Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-fire-resistant-glass-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

Telepresence Equipment Market Is Anticipated To Grow At A CAGR Of 2.9% During Forecast Period 2014-2025

Global Telepresence Equipment Market is anticipated to reach USD 2.45 Billion by 2025, according to a new report by Grand View Research, Inc. The need for the enterprises to reduce the cost in travelling for the employees is primary factor driving the market growth.

Increasing usage of telepresence equipment in various applications such as health care, education and government are the primary factors driving the market growth. Many government authorities are also planning to establish telepresence rooms as services as one the avenues for revenue. Telepresence video conferencing is being increasing adopted by many organizations as it offers cost effective solutions of high quality interaction.

The Recent technological innovation in robotic telepresence video conferencing is also one of the major factor driving the growth of telepresence equipment market. The major advantage offered by telepresence equipment is as it offers Lifesize video conferencing which give the feel of real person existence. The various end points in telepresence equipment include telepresence camera, 

Microphone and display devices. The market for various telepresence end-points are also expected to grow significantly over the forecast period.

The Room based telepresence system is highest revenue generating segment over the forecast period due to increased use of enterprises. Virtual presence of the individuals in the meeting will enhance experience thereby reducing the cost of travelling. But high cost of installation is one the major restraint for growth telepresence equipment market. Telepresence Equipment are being increasingly adopted in North America region which occupy significant market share over the forecast period.

Full Research Report on Global Telepresence Equipment Market Analysis:
http://www.grandviewresearch.com/industry-analysis/telepresence-equipment-market

Further key findings from the report suggest:

• The growing adoption of usage of telepresence equipment in large enterprises to reduce the cost of the traveling is the primary factor which drives the market.
• The Medium enterprise end-user segment is expected to portray high growth rate with a CAGR of 3.2% over the projected period.
• The North America Telepresence equipment regional market is expected to have significant growth over the forecast period, owing to the adoption of telepresence equipment in enterprises.
• The key players of the market include Array telepresence, Avaya Inc, Cisco Systems Inc., Huawei Technologies Co. Ltd, Polycom, Inc, Vidyo Inc and ZTE Corporation

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

http://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

Grand View Research has segmented the Global Telepresence Equipment Market based on end-use, type, form-factor, vertical and regions:

Telepresence Equipment based on End-use Outlook (Revenue, USD Million;2014 - 2025)

• Large Enterprise
• Medium Enterprise
• Small Enterprise

Telepresence Equipment based on Type Outlook (Revenue, USD Million;2014 - 2025)

• Multi-Codec Telepresence
• Personal Telepresence
• Immersive Telepresence
• Room based Telepresence

Telepresence Equipment Form Factor Outlook (Revenue, USD Million;2014 - 2025)

• End-Points

·         Display

§  Standard Definition

§  High Definition

·         Camera

·         Microphone

·         Infrastructure

Telepresence Equipment based on Vertical Outlook (Revenue, USD Million;2014 - 2025)

• Healthcare
• Education
• Pharmaceuticals
• Government
• Commercial
• Scientific
• Construction & Engineering
• Entertainment
• Others

Telepresence Equipment Regional Outlook (Revenue, USD Million;Volume, Million Units; 2014 - 2025)

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

View Press Release of this Report By Grand View Research: 

http://www.grandviewresearch.com/press-release/global-telepresence-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: www.grandviewresearch.com

Filters Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2024

Global Filters Market is expected to reach USD 110.82 billion by 2024, according to a new report by Grand View Research, Inc. The increasing demand for low emission control vehicles and implementation of stringent regulations to curb rising pollution levels are expected to remain key driving factors for global filters market. 

Regulatory norms supporting the filters market growth across various European countries such as the UK, France, Spain, Italy, and Germany coupled with stringent environmental emission guidelines followed in the U.S. are also anticipated to benefit the industry growth. Regulations governing the supply of purified drinking water are expected to drive the demand for fluid filters over the next six years. 

Increasing automobile production particularly in emerging economies of China, India, Thailand, and Indonesia have also contributed towards the market development. Key companies have been focusing on these high growth markets for future expansions. 

Full Research Report on global Filters Market Analysis:
http://www.grandviewresearch.com/industry-analysis/filters-market

Further key findings from the report suggest:

• The global filters market was valued at USD 63.35 billion in 2015 and is expected to reach USD 110.82 billion by 2024, growing at a CAGR of 6.4%from 2016 to 2024
• IC engine segment emerged as the most dominant filter product consumed globally and accounted for 44.5% of total market revenue in 2015. Positive outlook of automobile industry on account of favorable government policies particularly in Asia Pacific and Latin America is expected to drive this segment over the forecast period.
• Motor vehicles emerged as the leading application and accounted for 51.4% of total market revenue in 2015. Stringent regulations to curb harmful emission generated from automobiles has prompted the demand for filters in the automotive industry. Consumer goods are expected to witness the highest growth of 7.4% from 2016 to 2024.
• Asia Pacific was the leading regional market and accounted for 38.4% of global revenue in 2015.Asia Pacific is also expected to remain the most lucrative region in terms of growth on account of rising manufacturing activities and the growing automotive industry, particularly in China and India.
• Some leading companies operating in the global filters market include Donaldson Company, Clarcor Incorporated, Affinia Group Intermediate Holdings, Parker-Hannifin Corporation, Cummins, BRITA GmbH, Pall Corporation, and MANN+HUMMEL.

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 Filters Market on the basis of product, application and region:

Global Filters Product Outlook (Revenue, USD Million, 2014 - 2024)

• Fluid
• IC Engine
• Air

Global Filters Application Outlook (Revenue, USD Million, 2014 - 2024)

• Motor vehicles
• Consumer applications
• Utilities
• Industrial & manufacturing
• Others

Global Filters Regional Outlook (Revenue, USD Million, 2014 - 2024)

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

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

Latin America ERP Software Market Analysis By Deployment, Function, Vertical, End-User And Segment Forecast Up To 2025

Latin America ERP Software Market is expected to reach USD 2.73 billion by 2025, according to a new report conducted by Grand View Research, Inc. ERP applications have helped many large-scale organizations to bring clarity and visibility in their business. With rapidly growing small and medium enterprises (SMEs) and adoption of evolving technology demand in SMEs is expected to grow over the forecast period. Furthermore, rising awareness among small & medium enterprises (SMEs) and increasing need for business process efficiency and transparency aid the market growth over the forecast period.

SMEs have been facing various barriers to the adoption of this technology because of expensive and less user-friendly nature of the software. Many SMEs in Brazil, Mexico, Chile, and Peru are still using old IT systems to operate their business. There is a growing need for adoption of upcoming IT systems to sustain in the competitive market. enterprise resource planning software helps the operation of core business processes including sales & distribution, supply chain management, accounting, financial control, and HR, which is expected to propel demand from various SMEs.

The cloud deployment segment is expected to witness a significant growth rate, due to its growing adoption, although the on-premise deployment segment is anticipated to dominate the market (in terms of size) by 2025. Cloud-based applications reduce IT infrastructure cost leading to the adoption of cloud-based application among enterprises. The investment on cloud-connected mobile applications has increased as mobile owing to the growing penetration of Bring Your Own Device (BYOD) among the organizations.The vendors are developing cloud-based solutions that can be accessible via mobile platforms such as tablets and smartphones expected to influence the market growth further.

Full Research Report On Latin America ERP (Enterprise Resource Planning ) Software Market Analysis: http://www.grandviewresearch.com/industry-analysis/latin-america-enterprise-resource-planning-erp-software-market

Further key findings from the report suggest:

• One of the major factors’s expediting the market growth are the evolution of enterprise software and workplace automation industry practices in the Latin America marketplace.
• Increasing investment in manufacturing coupled with rising demand for industry dedicated software is expected to propel growth over the forecast period.
• Brazil region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016
• In Mexico growth is driven by increasing vehicle and parts production particularly in the states of Aguascalientes, Guanajuato, and San Luis Potosi
• The key industry participants include IBM (U.S.A.), Oracle (U.S.A.), Microsoft (U.S.A.), SAP SE (Germany), Infor (U.S.A.), and Sage Group Plc (U.K.).

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

Grand View Research has segmented the Latin America ERP (Enterprise Resource Planning) Software Market based on deployment, function, verticals, end-user, and region:

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

• On-premise
• Cloud

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

• Finance
• Human Resource (HR)
• Supply Chain
• Other

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

• Manufacturing & Services
• BFSI
• Health Care
• Retail
• Government Utilities
• Aerospace & Defense
• Telecom
• Others

End-User Outlook (Revenue, USD Million; 2014 - 2025)

• Large Enterprises
• Medium Enterprises
• Small Enterprises

Latin America ERP Software Regional Outlook (Revenue, USD Million; 2014 - 2025)

• Latin America
• Brazil
• Mexico
• Chile
• Peru

View Press Release of this Report By Grand View Research: http://www.grandviewresearch.com/press-release/latin-america-enterprise-resource-planning-erp-software-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: www.grandviewresearch.com

Plastic Compounding Market Is Estimated To Grow At A CAGR Of 6.7% During Forecast Period 2016-2026

Global Plastic Compounding Market is expected to reach USD 95.2 billion by 2026, according to a new report by Grand View Research, Inc. Introduction of rapid manufacturing techniques & advanced additive incorporation methodologies is expected to further drive adoption of lightweight, high-performance plastics for production of several consumer products.

Plastics present a sustainable and low cost alternative to metals, wood and even ceramic materials utilized in varied industries. Rapid industrialization and expansion of said industries, including automotive, construction and electronics, specifically in emerging economies, is likely to influence consumption patterns & enhance demand over the forecast period.

An increasing number of R&D activities undertaken by key market participants, such as the recent introduction of FDA compliant polycarbonate grades by SABIC for high temperature food contact applications, are expected to revolutionize the sector. Other companies are expected to follow in SABIC’s wake, adopting sustainable and compliant manufacturing techniques to meet transitioning regulatory standards.

Polypropylene (PP) emerged as the dominant product with over 32% of the volume share in 2016. The segment is also expected to grow at a high CAGR of around 5% from 2017 to 2026, on account of its high utilization in the ever-expanding automotive industry. High impact resistance, ease of serviceability and light weight make this the material of choice for forming crucial automotive components such as bumpers, chemical tanks, gas cans, and others.

Full Research Report on Global Plastic Compounding Market Analysis: http://www.grandviewresearch.com/industry-analysis/plastic-compounding-market

Further key findings from the report suggest:

• The global plastic compounding market exceeded 26 million tons in 2016 and is expected to grow at a CAGR of 5.2% from 2016 to 2026
• Polyethylene (PE) emerged as one of the dominant products owing to its high demand in medical applications and special performance characteristics that make it ideal for niche applications such as bulletproof vests
• Thermoplastic vulcanizates (TPV) are expected to remain the fastest growing products with over 9% CAGR, witnessing high growth in the automotive & industrial machinery segments
• Automotive is expected to retain its dominance in the industry; however, industrial machinery is expected to overtake the segment in terms of CAGR. The latter is increasingly adopting lightweight and sustainable plastic materials in the form of fasteners, films, equipment components and others.
• Asia Pacific is likely to remain the dominant region with rapid industrialization in economies such as India, Vietnam, Thailand, Malaysia and others. The region benefits from close geographical proximity to European consumer markets, low labor costs and vast skilled workforce among other factors.
• The industry is highly fragmented in nature with over one-third of market share occupied by SMEs engaged in plastic compounding. Kingfa emerged as a major player, followed by LyondellBasell and others such as BASF, PolyOne Corporation, SABIC, DuPont, A. Schulman, Mitsubishi Chemical Corporation, Bayer, China XD, Mitsui Chemicals and others.

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 Global Plastic Compounding Market on the basis of product, application, and region:

Plastic Compounding Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2026)

• Polyethylene
• Automotive
• Construction
• Electrical & Electronics
• Packaging
• Others
• Polypropylene
• Automotive
• Electrical & Electronics
• Consumer Goods
• Industrial Machinery
• Others
• TPV
• Automotive
• Industrial Machinery (Fluid Handling)
• Consumer Goods
• Medical Devices
• Others
• TPO
• Automotive
• Industrial Machinery
• Construction
• Others
• PVC
• Construction
• Consumer Goods
• Packaging
• Electrical & Electronics
• Automotive
• Others
• Polystyrene
• Packaging
• Electrical & Electronics
• Construction
• Medical Devices
• Others
• PET
• Packaging
• Electrical & Electronics
• Industrial Machinery
• Others
• PBT
• Automotive
• Electrical & Electronics
• Consumer Goods
• Others
• Polyamide
• Automotive
• Electrical & Electronics
• Industrial Machinery
• Consumer Goods
• Others
• Polycarbonate
• Automotive
• Electrical & Electronics
• Construction
• Packaging
• Consumer Goods
• Optical Media
• Others
• ABS
• Automotive
• Electrical & Electronics
• Consumer Goods
• Others
• Others
• Automotive
• Construction
• Electrical & Electronics
• Packaging
• Consumer Goods
• Industrial Machinery
• Others

Plastic Compounding Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2026)

• Automotive
• Polyethylene
• Polypropylene
• TPV
• TPO
• PVC
• PBT
• Polyamide
• Polycarbonate
• ABS
• Others
• Construction
• Polyethylene
• TPO
• PVC
• Polystyrene
• Polycarbonate
• Others
• Electrical & Electronics
• Polyethylene
• Polypropylene
• PVC
• Polystyrene
• PET
• PBT
• Polyamide
• Polycarbonate
• ABS
• Others
• Packaging
• Polyethylene
• PVC
• Polystyrene
• PET
• Polycarbonate
• Others
• Consumer Goods
• Polypropylene
• TPV
• PVC
• PBT
• Polyamide
• Polycarbonate
• ABS
• Others
• Industrial Machinery
• Polypropylene
• TPV
• TPO
• PET
• Polyamide
• Others
• Medical Devices
• TPV
• Polystyrene
• Optical Media
• Polycarbonate
• Others
• Polyethylene
• Polypropylene
• TPV
• TPO
• PVC
• Polystyrene
• PET
• PBT
• Polyamide
• Polycarbonate
• ABS
• Others

Plastic Compounding Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2026)

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

View Press Release of this Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-plastic-compounding-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