Paints And Coatings Market Is Estimated To Growing At A CAGR Of 5.3% During Forecast Period 2014-2025

Global Paints And Coatings Market is anticipated to exceed USD 227.70 billion by 2025, according to a new report by Grand View Research, Inc. The global market is anticipated to achieve moderate growth over the forecast period. The demand of these products globally is expected to increase owing to growth of applications from end-use industries, architecture segment, regional demand, changing consumer preference for bio based products and technological advancements.

Increasing applications from end-use industries such as aerospace, automotive, general industries, marine and wood have augmented the growth of the market. Architectural sector is the other parameter that has majorly driven the global industry. The growth of architectural coats is attributed to growing construction spending in emerging regions.

The industry is a highly regulated industry due to presence of volatile organic compounds in these products which are harmful for the environment. However, the industry has witnessed a huge shift towards green and bio-based products in the form of powder based and waterborne formulations.

Waterborne coatings were the largest product segment in 2016 with demand of over 17.0 kilo tons in 2016 and is expected grow substantially over the forecast period owing to increasing demand from several application segments including construction, furniture and automobile industries. Product demand is anticipated to increase owing to increased construction spending and consumer preference especially in developed nations of Asia Pacific region for eco-friendly formulations.  

Full Research Report on Global Paints And Coatings Market Analysis:http://www.grandviewresearch.com/industry-analysis/paints-coatings-market

Further key findings from the report suggest:

• Global paints and coatings demand was 45.40 million tons in 2016 and is expected to grow with a CAGR of around 4.2% to reach a total volume of 65.81 million tons by 2025
• Polyurethane is projected to be the fastest growing material segment in the industry
• Architectural segment was the largest end-use segment however it is expected to grow moderately over he forecast period  
• General industrial sector is expected to emerge as the largest non-architectural end-use segment by 2025
• The market in Central and South America is anticipated to grow at a CAGR of over 5% from 2017 to 2025

• Technological advancements attributing to the growth of coats & vanishes include products manufactured by Nano technology and Fluro-additives. These innovative products provide enhanced application outcomes due to their excellent properties and enhanced tolerance levels towards weather-ability as compared to other conventional counterparts.

• Major global players operating in the industry include BASF SE, PPG Industries, Sherwin-Williams Company, AkzoNobel, Axalta Coating System, Valspar Corporation, Kansai Paint, RPM International Inc., Nippon Paint Holdings, and Jotun Group                 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the Global Paints And Coatings Market on the basis of application:

Paints & Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• High solids/radiation curing
• Powder coatings
• Waterborne coatings
• Solvent-borne coatings
• Others

Paints & Coatings Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyesters
• Others

Paints & Coatings Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Architectural & Decorative
• Non-architectural
• Automotive
• Wood
• General Industrial
• Marine
• Protective
• Others

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

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• Central & South America (CSA)
• Middle East & Africa (MEA)

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

Ethoxylates Market Forecasting Include Current Capacity And Expected Capacity Additions Up To 2025

Global Ethoxylates Market size is expected to reach USD 14.75 Billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness growth at 3.5% CAGR owing to increasing demand in detergents and personal care products by the consumers due to increasing awareness regarding hygiene & health care coupled with exceptional cleansing properties exhibited by ethoxylates.

Growing use of the product in pharmaceutical industry as an ingredient in ointments and emulsions is expected to drive the market growth over the forecast period. In addition, high dependence on ethoxylates based herbicides and insecticides by the farmers, in a bid to increase the crop yield is likely to benefit the market growth.

Technological advancements in the field of metal manufacturing is expected to lead to an increasing demand for the product as a constituent of metal working fluid formulations for foam control is expected to lead to an increase in the demand for the product. The rising use of the product as wetting agent in industrial applications is also expected to have a substantial impact on the demand for the product. Superior properties of the product such as high oxidation resistance, low rinse and excellent de-emulsification has enabled their use for petroleum refining.

Full Research Report on Global Ethoxylates Market Analysis:  http://www.grandviewresearch.com/industry-analysis/ethoxylates-market

Further key findings from the report suggest:

• Alcohol ethoxylates segment is expected to emerge as the fastest growing product segment, exhibiting a CAGR of 4.2% over the period 2017-2025 Due to increasing demand for detergents, household products
• Pharmaceutical application segment is expected to reach USD 909.0 Million by 2025 owing to increasing use of ethoxylates for high quality emulsifiers in the manufacturing of ointments and emulsions
• Asia Pacific is expected to exhibit highest growth owing to the presence of rapidly developing economies such as India, China, Japan and South Korea coupled with growing manufacturing base involved in the production of cleaning products
• Foam control & wetting agents segment is expected to register a market growth of CAGR of 4.4% over the period 2017-2025 on account of the development of advanced processing techniques resulting in improved quality of the products used in household and I&I cleaning
• The industry is characterized by the presence of a large number of major players involved in the production of high volumes of ethoxylates leading to notable market shares

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

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

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

• Alcohol Ethoxylates
• Fatty Amine Ethoxylates
• Fatty Acid Ethoxylates
• Ethyl Ester Ethoxylates
• Glyceride Ethoxylates
• Others

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

• Household & Personal Care
• Institutional & Industrial Cleaning
• Pharmaceutical
• Agrochemicals
• Oilfield Chemicals
• Others

Ethoxylates End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Detergents
• Personal Care
• Ointments & Emulsions
• Herbicides
• Insecticides
• Foam Control & Wetting Agents
• Lubricants and Emulsifiers
• Others

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

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

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

Ethylene Glycols Market Estimates And Forecast By Market Leading Participants, Product Distributors And Vendors 2012-2020

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 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 us: www.grandviewresearch.com

ERP Software Market Analysis By Global Raw Material Supply And Demand Statistics 2012-2022

Global ERP Software Market is anticipated to witness tremendous gains over the next seven years on account of its increasing application in defense & aerospace, retail, and government utility sectors. The software enables organizations to function with transparency, increases productivity, and enables decision making. The industry is expected to be worth USD 48.22 billion in 2022.

ERP software as a finance function facilitates management of different financial activities including cash flow management, asset management, accounting, and investment. Finance was the largest segment of the market contributing to over 22.0% of the share in 2014 and is estimated to grow at a CAGR exceeding 7.0% from 2015 to 2022.

Human resource is likely to be the fastest growing functional segment owing to rapid organizational development and expansion. Automated HR processes are also expected to drive growth.

Full Research Report on Global ERP Software Market Analysis: http://www.grandviewresearch.com/industry-analysis/erp-software-market

On-premise ERP software deployment model accounted for over 60.0% of the total revenue in 2014, owing to the various benefits offered including high data security and continuous control in the organizations, thereby reducing the dependency on third party vendors. The market was valued at USD 17.01 billion in 2014. Cloud deployment was the second largest segment in 2014 owing to the introduction of mobile devices coupled with lower infrastructure requirements.

Manufacturing & services were valued at USD 5.11 billion in 2014, capturing over 15.0% of the revenue share in 2014. This segment utilizes ERP software for a broad range of business activities including customer services, inventory management, production scheduling, day-to-day performance management, daily operations monitoring and inter-departmental collaboration. Government utilities are expected to capture a significant share due to rising adoption of IT infrastructure.

Medium-enterprises were the largest end-users, accounting for over 40.0% of the global share in 2014, owing to the factors including minimized production costs, increased operational efficiency, and timely product delivery. Stringent government regulations and compliances in organizations have augmented market demand thereby, achieving high productivity and reduced complexity.

North America contributed to over 40.0% of the revenues in the global industry and was valued at USD 11.33 billion in 2014. Increasing technological advancements and rising adoption of ERP software in the finance function by the enterprises in the region to achieve transparency in financial transactions is expected to augment the market demand.

Europe and Asia Pacific are projected to register a speedy growth in the ERP software market owing to the mounting number of enterprises and booming manufacturing industry. Government initiatives, particularly in the emerging economies of Asia Pacific for implementing IT infrastructure are expected to augment the market demand over the forecast period. Key players present in the industry includes IBM Corporation, Oracle Corporation, SAP SE, Sage Group Plc, Syspro, Unit4, Microsoft Corporation and NetSuite Inc.

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

Grand View Research has segmented the Global ERP Software Market on the basis of deployment, functions, verticals, end-user and region:

Global ERP Software Deployment Outlook (Revenue, USD Million, 2012 - 2022)

• On-premise
• Cloud

Global ERP Software Functions Outlook (Revenue, USD Million, 2012 - 2022)

• Finance
• Human resource (HR)
• Supply chain
• Others

Global ERP Software Verticals Outlook (Revenue, USD Million, 2012 - 2022)

• Manufacturing & services
• BFSI
• Healthcare
• Retail
• Government utilities
• Aerospace & defense
• Telecom
• Others

Global ERP Software End-User Outlook (Revenue, USD Million, 2012 - 2022)

• Large enterprises
• Medium enterprises
• Small enterprises

Global ERP Software regions Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Rest of World

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

Extracorporeal Membrane Oxygenation (ECMO) Market is expected to grow at CAGR of 4.3% over the forecast period 2013-2024

Extracorporeal Membrane Oxygenation (ECMO) Market is expected to reach USD 346.1 million by 2024, according to a new report by Grand View Research, Inc. The growing number of respiratory failure cases and conditions, such as cardiopulmonary disease and Chronic Obstructive Pulmonary Disease (COPD) is anticipated to boost the market growth. For instance, according to the U.S. National Center for Health statistics, in the year 2014, there were about 149,205 deaths due to chronic lower respiratory disorders in the U.S. 

Moreover, the increased adoption of ECMO machines in hospitals as a consequence ofthe medical community taking cognizance of the advantages related to the use of ECMO machines is anticipated to facilitate the emergence of this market during the forecast period. 

Apart from the high applicability of these appliances in hospitals, technological advancements have played a pivotal role in further accelerating the usage of these devices. For instance, Medtronic’s Century heart lung machine, which consists of an arterial pump, data management system and cardioplegia delivery system, is employed to provide cardiopulmonary functional support to patients. 

Full Research Report On Global Extracorporeal Membrane Oxygenation (ECMO) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/extracorporeal-membrane-oxygenation-ecmo-market

Further key findings from the study suggest:

• The veno-venous segment held a lucrative sharein 2015 among the modality types owing to its efficiency and reliability in furnishing gas exchange support.
• The respiratory application segment held a remunerative share in 2015; this is attributed to the increasing number of patients suffering from respiratory conditions. Moreover, the technological advancement in the ECMO machines has further increased its adoption rate in hospitals for its use in respiratory failure conditions.
• North America dominated the overall market with a revenue share of over 40.0% in 2015 owing to the presence of a well-developed infrastructure and a suitable reimbursement framework as well as the rise in number of supportive government funds.
• However, Asia Pacific is anticipated to be the fastest growing region with a CAGR of about 5.0% over the forecast period. Notable economic developments and the advancing healthcare system developed with the aid of supportive government initiatives are anticipated to assist the growth.
• Moreover, the rising incidences of respiratory failure and cardiopulmonary diseases are identified as major impact rendering factors for the growth of this market. According to the World Health Organization, about 3 million deaths were reported globally due to COPD in the year 2012, which accounts for 6% of the total mortality.
• Some leading players in this vertical include Maquet Holding B. V. & Co.KG, Microport Scientific Corporation, Medos Medizintechnik AG, Sorin Group, Medtronic Plc, Terumo Cardiovascular Systems Corporation, and Nipro Medical Corporation.
• These key players opt for technologically enhanced products and undertake collaborations with other companies to implement new product development strategy goals to sustain a competitive advantage in the industry. For instance, Medtronic Plc collaborated with Salyer Biomedical, LLC for the development of their product, Century heart lung machine. 

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 Extracorporeal Membrane Oxygenation (ECMO) Market on the basis of modality type, application, and region.

Global Extracorporeal Membrane Oxygenation Market, by Modality Revenue,(USD Million), 2013 - 2024

• Veno-Arterial
• Veno-Venous
• Arterio-Venous

Global Extracorporeal Membrane Oxygenation Market, by ApplicationRevenue, (USD Million), 2013 - 2024

• Respiratory application
• Neonates
• Pediatric
• Adults
• Cardiac application
• Neonates
• Pediatric
• Adults
• Extracorporeal cardiopulmonary resuscitation
• Neonates
• Pediatric
• Adults

Extracorporeal Membrane Oxygenation Market, byRegion, (USD Million), 2013 - 2024

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• Japan
• China
• 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-extracorporeal-membrane-oxygenation-ecmo-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 - www.grandviewresearch.com

Exterior Architectural Coating Market Analysis By Resin Type, Technology, Application, And Segment Forecast Up To 2024

Global Exterior Architectural Coating Market is expected to reach USD 39.04 billion by 2024, according to a new report by Grand View Research, Inc. Functional superiorities including weather and moisture resistance, better aesthetics and long lasting adhesion is expected to fuel market growth over the next eight years. Furthermore, rising government spending in Asian countries on infrastructure development will augment industry expansion.

Growing demand for waterborne technology over traditional coatings, as it is cheaper and eco-friendly, will drive market growth. The introduction of green coatings coupled with the increasing usage of Nano coatings will create immense opportunities for growth over the next eight years.

Primer is expected to witness high revenue gains at a CAGR of 6.4% from 2016 to 2024 as it acts as a protector and leveller for other products including enamel and emulsions. The revenue generated by the use of exterior architectural coatings in the non-residential sector was valued at USD 8.20 billion in 2015 and is expected to witness rise on account of growing FMCG, IT, telecom and retail sector in MEA and Asia Pacific. Moreover, rapid industrialization, increasing FDI and government infrastructure spending will promote market growth.

Full Research Report on Global Exterior Architectural Coating Market:
http://www.grandviewresearch.com/industry-analysis/exterior-architectural-coating-market

Further key findings from the report suggest:

• The global demand for exterior architectural coatings was 7.12 million tons in 2015 and is expected to show high gains in light of rapid infrastructural development in India, Saudi Arabia, Thailand, Indonesia and the U.S.
• Alkyd resin will witness high volume growth at a CAGR of 5.3% from 2016 to 2024. Growing usage of alkyd resins in light of their high durability and superior gloss is expected to stimulate industry growth. Furthermore, rising consumption in outdoor applications owing to its low cost along with high-temperature resistance will fuel its demand over the forecast period.
• North America accounted for 22.6% of the global volume share in 2015 and is expected to witness significant gains in light of rising reconstruction activities in the U.S. coupled with infrastructure development in Canada and Mexico. Furthermore, the implementation of the National Infrastructure Program 2014 - 2018 (NIP) in Mexico is expected to promote the product growth over the forecast period.
• Latin America is projected to witness substantial revenue growth at a CAGR of 6.4% from 2016 to 2024 owing to the presence of various participants including BASF, Sherwin-Williams, and AkzoNobel. Increasing government efforts to offset Brazil’s housing deficit, and provide low-interest rates for housing will stimulate product demand over the forecast period.
• Exterior architectural coatings industry is dominated by major participants including PPG Industries, Nippon Paint, BASF, AkzoNobel, and Sherwin-Williams. Ongoing product innovation to produce high-performance and cost-efficient waterborne coatings is expected to industry expansion over the next eight years. For instance, in March 2015, BASF expanded their color range and production capacity for Paliocrom products to cater to the increasing demand for high-end effect pigments in coatings. BASF is expected to widen the capacity by more than 20% by 2017 for Paliocrom effect pigments.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the Global Exterior Architectural Coating Market on the basis of resin type, technology, product, application, and region:

Global Exterior Architectural Coatings Resin Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Acrylic
• Alkyd
• Polyurethane
• Polyester
• Epoxy
• Others

Global Exterior Architectural Coatings Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Solventborne
• Waterborne

Global Exterior Architectural Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Primer
• Enamel
• Emulsion
• Others

Global Exterior Architectural Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Residential
• New construction
• Remodel/repaint
• Commercial
• New construction
• Remodel/repaint

Global Exterior Architectural Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

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

View Press Release Of this Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-exterior-architectural-coating-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 - www.grandviewresearch.com

Expanded Polypropylene (EPP) Foam Market Analysis By Product, End-Use And Segment Forecast Up To 2025

Global Expanded Polypropylene (EPP) Foam Market is expected to reach USD 1.30 billion by 2025, according to a new report by Grand View Research, Inc. The rapid growth of the automotive industry in recent years has been a major factor driving market growth. Further, the increasing application scope of the product in the consumer goods, construction, and packaging industries is expected to have significant impacts on the overall market growth over the coming years.

The product witnessed wide application in the automotive industry for the manufacture of floor, door and hood panels, primarily for noise and thermal insulation in passenger and commercial cars. The considerable growth of the automotive industry in Germany, China, and India is expected to drive product demand over the projected period.

The increasing use of molded EPP foam products in protective and flexible packaging applications for numerous verticals, including medical, consumer electronics, food & beverages, household appliances, and industrial equipment, is expected to drive the industry growth over the forecast period.

The consumer goods vertical is expected to witness the highest growth over the coming years, projected to grow at a CAGR of 5.3% during the forecast period, in terms of revenue. The rapidly growing consumer goods industry across major economies of Asia Pacific, Europe, and North America is expected to drive the product demand over the forecast years. 

Full Research Report on Global Expanded Polypropylene Foam Market Analysis:
http://www.grandviewresearch.com/industry-analysis/expanded-polypropylene-epp-foam-market

Further key findings from the report suggest:

• The EPP foam industry was estimated at USD 896.4 million in 2016 and is expected to grow at a significant rate during the forecast period on account of increasing application scope of the product in consumer goods and protective packaging industry verticals
• The medium density segment accounted for a considerable share in 2016 and is expected to witness the highest growth of 4.7% over the forecast period owing to increasing application scope in consumer goods and furniture applications
• The product demand in the consumer goods segment is expected to grow at the highest CAGR of 5.3% during the forecast period, primarily on account of increasing application scope in the rapidly-growing consumer goods industry worldwide
• The Asia Pacific region dominated the overall industry revenue in 2016 and is expected to witness the highest growth of 5.3% during the forecast period, on account of high product application scope in the growing automotive, consumer goods, and packaging verticals
• The key strategies adopted by the industry players include capacity expansions, mergers & acquisitions, technical collaborations, and distribution agreements. For instance, in March 2016, JSP Corporation completed the expansion of EPP foam manufacturing facility in Thailand.

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 Expanded Polypropylene (EPP) Foam Market on the basis of product, end use, and region:

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

• Low density
• Medium density
• High density

End-use Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

• Automotive
• Packaging
• Consumer goods
• Others

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

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

View Press Release Of this Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-expanded-polypropylene-epp-foam-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 - www.grandviewresearch.com