Tuesday 22 August 2017

Membrane Air Dryers Market Analysis By Product, Application And Segment Forecast Up To 2020

Global Membrane Air Dryers Market is expected to reach USD 662.7 million by 2020, according to a new study by Grand View Research, Inc. Apart from regular air purity requirements, special applications require high degree of air purification, particularly in the medical sector, which is expected to drive the membrane air dryers market. These products are increasingly being used in the medical sector, particularly dentistry.

Membrane air dryers help save energy as they do not require electricity to operate; they also improve manufacturing processes, reduce plant noise and enhance the overall system reliability. The presence of water vapor or moisture in compressed air or steam employed in food processing may lead to significant problems, thereby driving the membrane air dryers market. Further, the meat and dairy industry needs to comply with several hygiene requirements in their food preparation areas. Membrane air dryers prevent air compressors from corrosion or rust and provide improved operational efficiency, which is also expected to favorably impact market growth.

Full Research Report on Global Membrane Air Dryers Market Analysis:
http://www.grandviewresearch.com/industry-analysis/membrane-air-dryers-market

Further key findings from the study suggest:
  • Porous dryers are expected to remain the leading product segment over the next six years. Membrane air dryers combined with a coalescing filter provide peak overall system performance along with optimal total cost of ownership, which is expected to favorably impact market demand.
  • Food and beverage applications are expected to witness high growth over the forecast period. Food processing facilities are required operate with a fundamental assumption that compressed air can be a source of chemical and microbiological contamination, thereby making adoption of membrane air dryers crucial. Membrane air dryers offer several benefits over conventional or alternative drying techniques in terms of energy efficiency, which is further expected to spur market demand over the forecast period.
  • North America is expected to emerge as the dominant region, which may be attributed to growing demand in the telecommunication, medical and food & beverage sector. Standards and regulations governing the food processing sector, particularly in Europe and North America are expected to favorably impact regional market growth over the forecast period.
  • Leading market participants include Pentair, Atlas Copco, Gardner Denver, Parker Hannifin, Sullair, etc. Increased investments in R&D activities and new product development, along with emphasizing on providing customized end-use solutions are among the critical success factors for manufacturers.

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

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

Membrane Air Dryers Product Outlook (Revenue, USD Million, 2012 - 2020)
  • Porous
  • Non-Porous
Membrane Air Dryers Application Outlook (Revenue, USD Million, 2012 - 2020)
  • Food & Beverage
  • Medical
  • Industrial
  • Electronics/Semiconductor
  • Telecommunication
  • Others
Membrane Air Dryers Regional Outlook (Revenue, USD Million, 2012 - 2020)
  • North America
  • Europe
  • Asia Pacific
  • RoW

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/membrane-air-dryers-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

Clinical Trials Market Is Expected To Grow At A CAGR Of Over 5.5% From 2017 To 2025

Global Clinical Trials Market is expected to reach USD 65.2 billion by 2025, according to a new report by Grand View Research, Inc. Key drivers impacting the market growth are globalization of clinical trials, development of new treatments such as personalized medicine, augmenting evolution in technology, and boosting demand for CROs to conduct clinical trials.

Globalization of clinical trial has led to increase in investment in new product development in emerging countries thereby, having a positive impact on overall market. The availability of the vast array of services from drug discovery to post-marketing surveillance has further simplified the life for mid-size and small-scale pharmaceutical and biotechnological organizations by providing them the option to outsource what they think is beyond their core expertise. For instance, Pfizer currently has three CROs working with it to enhance its product portfolio and drive innovation. According to the partnership agreement with ICON in 2011, Pfizer would only preserve the scientific ownership for the trials and studies conducted by ICON, hence allowing the company to focus and further develop its capabilities in clinical trial designing.

Growing prevalence of disease and incidence of new disease is expected to give further boost to the clinical trial market. Worldwide population has varied disease profile with emerging countries having the most diverse disease profile. This is expected to boost the clinical trial of new or rare disease which otherwise would not have found any sponsors. More number of patients having a specific disease would act as a stimulus for biopharmaceutical companies to invest more in clinical trials for a disease segment.

Full Research Report on Global Clinical Trials Market Analysis:
http://www.grandviewresearch.com/industry-analysis/global-clinical-trials-market

Further key findings from the report suggest:
  • The global clinical trials market witnessed a lucrative growth in 2016 and is expected to grow at a CAGR of over 5.5% from 2017 to 2025
  • The market is expected to be dominated by Phase III as of 2016, with Phase I anticipated to witness the fastest growth
  • Increasing innovation and evolution of treatment is predicted to contribute towards growth of the expanded access trials segment
  • Based on indication, the oncology segment is anticipated to witness the fastest growth. According to various sources, more than USD 38.0 billion is currently being spent by the healthcare industry towards preclinical and clinical development of oncology therapy products
  • North America dominated the overall market in terms of revenue share in 2015 owing to the presence of big outsourcing firms and increasing R&D in the region.
  • Key players including Quintiles IMS, Paraxel International Corporation, Charles River Laboratories, ICON plc, SGS SA among the others dominate the global clinical trials market while representing maximum volume in 2016

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 Clinical Trials Market on the basis of phase, study design, indication, and region:

Phase Outlook (Revenue, USD Million; 2014 - 2025)
  • Phase I
  • Phase II
  • Phase III
  • Phase IV
Study Design Outlook (Revenue, USD Million; 2014 - 2025)
  • Interventional
  • Observational
  • Expanded Access
Indication Outlook (Revenue, USD Million; 2014 - 2025)
  • Autoimmune/inflammation
  • Pain management
  • Oncology
  • CNS condition
  • Diabetes
  • Obesity
  • Cardiovascular
Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • South Africa

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/clinical-trials-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

Automotive Adhesives And Sealants Market Analysis By Product, Application, Technology, Vehicle Type And Segment Forecast Up To 2021

Global Automotive Adhesives & Sealants Market is expected to reach USD 3.89 billion by 2021, according to a new report by Grand View Research, Inc. Growing concerns regarding fuel consumption and greenhouse gas (GHG) emissions are expected to boost the demand in commercial as well as passenger vehicles. 

A 10% reduction in the weight of an automobile results in approximately 5% to 7% fuel saving. In addition, the reduced weight also aids in controlling the emission of CO2 throughout the life cycle of the vehicle. Auto manufacturers are focusing mainly on auto components that are manufactured from various types of thermoplastic elastomers in order to enhance the performance of automobiles and follow the trend of lightweight vehicles.

Manufacturers are facing problems in sourcing petroleum-based tackifiers due to the advent of shale gas, which has resulted in supply uncertainty of raw materials across the globe owing to a shift in feedstock from naphtha to natural gas. Stringent government regulations for the usage of bio-based adhesives are further expected to positively influence the industry growth.

Silicone sealants occupied the largest share with over 32% of the volume in 2016. Silicone-based materials also withstand structural movement, offer protective qualities and may be utilized in extreme temperatures & weather conditions. These factors, along with the introduction of new modified silicones and novel applications being developed for automobiles, are expected to drive growth in this segment over the forecast period.

Full Research Report on Global Automotive Adhesives And Sealants Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-adhesives-sealants-market

Further key findings from the report suggest:
  • Acrylics are expected to emerge as the fastest growing adhesives, with over 4% CAGR owing to its excellent bonding strength along with humid and impact resistance. The segment is expected to witness growth owing to increasing passenger cars sales in emerging economies.
  • Body-in-white is expected to witness high growth rate over the forecast period owing to the increasing popularity of high performance adhesion solutions in vehicles, which helps in reducing overall weight, thereby saving the fuel consumption.
  • As per OICA statistics, passenger car sales grew by about 4.5% from 2015 to 2016; this rise may be attributed to rising disposable income in emerging economies, renewed production levels in recovering developed markets and technological advancements at the OEM level. Passenger car segment is thus likely to remain dominant for both.
  • Greater China is expected to remain the industry’s high growth region from 2017 to 2021, owing to a spurt in automobile production levels and encouraging conditions such as low labor costs, high population and geographical proximity to emerging markets.
  • The industry is fragmented with few major players catering to the global market. Key participants include Bostik, BASF, Evonik Industries, AkzoNobel, Henkel, 3M Inc., Avery Dennison, DSM, Franklin Adhesives & Sealants, H.B. Fuller Co. 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 Automotive Adhesives & Sealants Market on the basis of technology, product, application, function, vehicle type and region:

Adhesives Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Water-based
  • Solvent-based
  • Hot melt
  • Reactive & others
Adhesives Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Bonding
  • Noise, Vibration & Harshness (NVH)
  • Sealing/Protection
Adhesives Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Acrylic
  • PVA
  • Polyurethane
  • Styrenic Block
  • Epoxy
  • EVA
  • Others
Adhesives Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Exterior
  • Interior
  • Electronics
  • Powertrain
  • Body-in-white
  • Others
Adhesives Vehicle Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy & Medium Duty Commercial Vehicles (H/MCV)
Sealants Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Bonding
  • Noise, Vibration & Harshness (NVH)
  • Sealing/Protection
Sealants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Silicones
  • PVA
  • Polyurethane
  • Acrylic
  • Others
Sealants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Exterior
  • Interior
  • Electronics
  • Powertrains
  • Others
Sealants Vehicle Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2011 - 2021)
  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy & Medium Duty Commercial Vehicles (H/MCV)
Adhesives & Sealants Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Greater China
  • Japan & South Korea
  • Rest of the World (RoW)

View Press Release Of This Report by Grand View Research: 
http://www.grandviewresearch.com/press-release/global-automotive-adhesives-sealants-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

Smart Airport Market Is Projected To growing at a CAGR of 10.7% During Forecast Period 2014-2025

Global Smart Airport Market is expected to reach USD 25.09 billion by 2025, growing at a CAGR of 10.7%. according to a new report by Grand View Research, Inc. The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking.

Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period.

Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking.

Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions.

Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities.

Full Research Report on Global Smart Airport Market Analysis:
http://www.grandviewresearch.com/industry-analysis/smart-airports-market

Further key findings from the report suggest:
  • Airports across emerging economies are increasingly adopting a smart airport approach by implementing innovative technologies, such as smart robots, self-check-in kiosks, beacon services, predictive analysis, and border control automation solutions
  • Airports are increasingly expanding their airside operations by providing various services, such as in-wallet scanning, and geolocation and coordination of aircraft with real-time information on landing
  • Airports across developed regions, such as the U.S., have now started providing automated parking facilities, in order to capture a higher revenue share of the non-aeronautical operations segment
  • Asia-Pacific is estimated to emerge as the fastest-growing region over the forecast period, owing to a steep increase in passenger traffic coupled with upgrading and implementation of new technologies in airport communication and security systems
  • Major countries across Europe are adopting Bluetooth-based beacon technology to provide a personalized experience to passengers, such as indoor wayfinding and nearby promotional offers, based on data collected regarding the passengers’ spending and usage habits

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 Smart Airport Market on the basis of technology, application, location, and region:

Smart Airport Technology Outlook (Revenue, USD Million; 2014 - 2025)
  • Security Systems
  • Communication Systems
  • Passenger, Cargo, & Baggage Ground Handling Control
  • Air/Ground Traffic Control
  • Others
Smart Airport Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Aeronautical Operations
  • Non-Aeronautical Operations
Smart Airport Location Outlook (Revenue, USD Million; 2014 - 2025)
  • Landside
    • Vehicular Parking
    • Security
    • Advertisement
  • Airside
    • Air Traffic Management (ATM)
    • Management
    • Aircraft Parking & Maintenance
  • Terminal Side
    • Building Operations
    • Baggage Handling
    • Check-in Systems
Smart Airport Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Mexico
    • Brazil
  • Middle East & Africa

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-smart-airports-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

Agricultural Enzymes Market Is Expected To Grow At A CAGR Of 11.8% From 2017 To 2025

Global Agricultural Enzymes Market is expected to reach USD 671.4 million by 2025, according to a new report by Grand View Research, Inc. The increase in the consumption of organic food has been a major driving factor for the global industry growth. In addition, the rising usage of bio-products in the agricultural industry is also anticipated to be a major boost for the market.
Agricultural enzymes are biodegradable proteins used for enhancing the crop growth. Some of its other major application are crop protection against insects, pest & diseases, enhancing soil fertility, and decomposition of agricultural wastes. Such inherent advantages of the product are expected to benefit the market.

Cereals & grains crop type is anticipated to have the fastest growth rate over the next eight years. It is estimated to grow at a CAGR of 12.4% from 2017 to 2025. The enzymes added in cereals and grains have the ability to remove bran and germs from the crop. Exogenous is one such enzyme which provides an aid to maintain the quality of harvest and facilitate nutrient loss prevention. These factors are projected to propel the cereals & grains segment growth over the next eight years.

Full Research Report on Global Agricultural Enzymes Market Analysis:
http://www.grandviewresearch.com/industry-analysis/agricultural-nzymes-market

Further key findings from the report suggest:
  • The global agricultural enzymes market was valued at USD 246.9 million in 2016 and is expected to grow at a CAGR of 11.8% from 2017 to 2025
  • Crop fertility was the largest product type segment in 2016 and is anticipated to hold over 40% of the market by 2025. Agriculture enzymes present in the soil are used as the index of soil fertility, owing to the fact that they are sensitive and respond to the soil management hastily than soil variables.
  • Growing population across the globe coupled with pressure for increasing productivity in agricultural industry is favoring the segment growth
  • Phosphatases were the largest enzyme type segment in 2016. It is produced by many organisms present in the soil and has the ability to solubilize soil mineral elements. Owing to aforementioned properties it is expected to follow the same trend.
  • North America was the largest market with over 31% of the market share in 2016. The demand in the region is rising owing to growing demand for food processing and high focus on biotechnology.
  • Asia Pacific is expected to be the fastest-growing region over the forecast period. Increasing investment in the research and development activities in the nation towards diverse farming practice is expected to drive the industry.
  • Major industry participants include Novozymes, Syngenta, BASF, Creative Enzymes, Afrizymes, Specialty Enzymes & Biotechnologies, American Biosystems, Inc, Cypher Environmental, Aum Enzymes and Enzymes India Pvt. Ltd.

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

Grand View Research has segmented the Global Agricultural Enzymes Market on the basis of type, crop type, product type and region:

Agricultural Enzymes Enzyme Type Outlook (Revenue, USD Million; 2014 - 2025)
  • Phosphatases
  • Dehydrogenases
  • Sulfatases
  • Others
Agricultural Enzymes Crop Type Outlook (Revenue, USD Million; 2014 - 2025)
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Turf & Ornamentals
  • Others
Agricultural Enzymes Product Type Outlook (Revenue, USD Million; 2014 - 2025)
  • Fertility Products
  • Growth Enhancing Products
  • Control Products
Agricultural Enzymes Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-agricultural-enzymes-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

Monday 21 August 2017

Metrology Services Market Analysis By Product And Segment Forecast Up to 2020

Global Metrology Services Market is anticipated to reach USD 824.6 million by 2020, according to a new study by Grand View Research, Inc. Increasing demand amongst end-users in different industries for precise components with low tolerance limits such as power generation, electronics, and automotive is anticipated to drive growth.

Technological innovation in the field of metrology is expected to positively impact growth. The advancements further influence growth pattern and stimulate new product/software developments for industry players. Consequently, demand for advanced measurement tools & services are expected to aid manufacturers in competently tapping data such as 3-D modeling and measurements.

However, lack of product differentiation by service providers owing to the existence of substantial players has led to increased bargaining power of buyers and lack of universal system solutions would also impact growth prospects over the forecast period.

Full Research Report on Global Metrology Services Market Analysis:
http://www.grandviewresearch.com/industry-analysis/metrology-services-market

Further key findings from the study suggest:
  • Optical Digitizer and Scanners ODS market is expected to have a substantial share, accounting for over 59% of the overall revenue by 2020, primarily owing to greater precision and accuracy offered as compared to CMM products. Articulated arm machine is expected to emerge as the leading CMM product segment witnessing a growth of over 7% by 2020. Growing demand from automotive, aerospace, power generation and industrial sectors is expected to increase the demand for articulated arm type CMM. Laser trackers are also anticipated to witness a growth rate of over 8%, which can be indicated as their enhanced accuracy and high-speed of operation.
  • Industrial applications are anticipated to emerge by 2020, witnessing a growth rate of CAGR of over 8%.  The segment is expected to witness significant growth owing to an increased level of precision in components as a consequence of technological developments. Additionally, use of metrology services in crucial operations including quality control, inspection, and mechanical design are some of the other factors influencing demand.
  • Asia Pacific is expected to have a considerable revenue share over the next six years and is expected to contribute 31% to the global industry by 2020, primarily due to growing automotive industry along with other end-use industries including medical and manufacturing
  • Key companies operating in the market include Renishaw Plc., Carl Zeiss Corporation, Hexagon AB, Nikon Metrology Inc., Danish Micro Engineering A/S, Optical Gaging Products Inc., Trescal SA, Optical Metrological Services, and FARO Technologies Inc. among others.

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

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

Metrology Services Product Outlook (Revenue, USD Million, 2012 - 2020)
  • Coordinate Measuring Machines (CMM)
    • Gantry Machines
    • Bridge Machines
    • Articulated Arm Machines
    • Horizontal Arm Machines
  • Optical Digitizers and Scanners (ODS)
    • 3D Laser Scanners
    • White Light Scanners
    • Laser trackers
Metrology Services Application Outlook (Revenue, USD Million, 2012 - 2020)
  • Automotive
  • Aerospace
  • Industrial
  • Power Generation
  • Others
Metrology Services Regional Outlook (Revenue, USD Million, 2012 - 2020)
  • North America
  • Europe
  • Asia Pacific
  • RoW

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-metrology-services-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

Methionine Market Demand Was 1,044.7 Kilo Tons In 2014 And Is Expected To Grow At A CAGR Of 6.5% From 2015 To 2022

Global Methionine Market is expected to reach USD 7.26 billion by 2022, according to a new report by Grand View Research, Inc. Increasing feed additives demand for maintaining adequate metabolism rate in livestock is expected to drive methionine market growth over the next seven years. Increasing meat consumption in Asia Pacific and Latin America is also expected to have a positive influence on the market growth. Recent animal disease outbreaks across various regions have also prompted the need to include methionine in animal feed. 

Plants were major source of manufacturing methionine and accounted for over 85% of total market volume in 2014. Stringent government norms to ban fish silage and bone meal were primary factors for increasing penetration of plant based methionine in the global market. Plant based methionine is also expected to witness significant growth of 6.8% from 2015 to 2022. 

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

Further key findings from the report suggest:
  • Global methionine market demand was 1,044.7 kilo tons in 2014 and is expected to grow at a CAGR of 6.5% from 2015 to 2022.
  • Animal feed emerged as the most dominant application segment and accounted for over 90% of total market volume in 2014. Poultry was the leading livestock consumer with demand share estimated at 74.8% of overall methionine in animal feed in 2014. Growing consumer awareness coupled with animal disease outbreak has prompted methionine demand in animal feed. Food & dietary supplements application segment is anticipated to grow at an estimated CAGR of 4.8% from 2015 to 2022.
  • Asia Pacific was the leading regional market with demand share exceeding 30% in 2014. Changing lifestyle coupled with population expansion in countries such as China and India has increased meat consumption in the region which further has helped in shaping up the methionine market. North American methionine market is expected to grow at an estimated CAGR of 5.8% from 2015 to 2022.
  • The market is highly concentrated and characterized by few dominant market participants accounting for a major share. Key companies operating in the global market includes Evonik Industries AG, Adisseo France SAS, Sumitomo Chemical Company and Novus International Inc.
  • Other prominent players operating in the market include Tokyo Chemical Industry Co. Ltd., Ajinomoto Inc., Iris Biotech GmbH, Sunrise Nutrachem Group, Kyowa Hakko Bio. Co. Ltd., Royal DSM, Tocris Bioscience Ltd., AnaSpec Inc., Ajinomoto Inc., Prinova U.S. LLC, Beijing FortuneStar S&T Development Co., Ltd, CJ Cheil Jedang Corp., and Jinzhou Jirong Amino Acid Co., Ltd, . 

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

Grand View Research has segmented the Global Methionine Market on the basis of raw material, application and region:

Methionine Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • Plant-based
  • Animal-based
Methionine Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • Animal FeedFood & Dietary Supplements
    • Swine
    • Poultry
    • Cattle
    • Others
  • Pharmaceuticals
Methionine Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa

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

Palm Oil Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2012-2022

In 2014, Global  Palm Oil Market  was valued at USD 61.09 billion.  The market is poised for growth owing to the increasing demand from th...