Thursday 29 December 2016

Automotive Refinish Coatings Market Analysis 2015 and Forecast to 2024

The Global Automotive Refinish Coatings Market is expected to reach USD 14.88 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for automotive refinish coatings as they improve the durability and enhance the appearance of vehicles will fuel market growth over the next eight years. Furthermore, aging of vehicles, rising demand for repair, maintenance, and aftermarket modifications will augment product demand over the forecast period. 

The waterborne technology was valued at USD 3.40 billion in 2015 and is expected to witness significant rise on account of excellent heat resistance, adhesion, and abrasion properties. Furthermore, its advantage over solvent borne coatings including less toxicity, less flammability, and reduction of air emissions will propel market growth over the forecast period. 

The basecoat is expected to witness significant revenue rise at a CAGR of 6.9% from 2016 to 2024 over the forecast period as it provides color, decorative effects and exterior aesthetic to vehicles.Increasing demand for solid basecoats in motorcycles, trucks and cars owing to the ease of application coupled with basic color effect will increase industry size. 

Access of Full Report@ http://www.grandviewresearch.com/industry-analysis/automotive-refinish-coatings-market


Further key findings from the report suggest:

  • Global automotive refinish coatings market demand was 916.4 kilo tons in 2015 and is expected to witness high gains in light of growing vehicle sales in China, India, and Mexico
  • Acrylics was a prominent segment and accounted for 21.1% of the overall volume in 2015. The product will show growth in light of its high usage in waterborne technology. Furthermore, superior properties including resistance to stain, blistering, cracking, and extreme temperatures will fuel its demand over the forecast period.
  • North America accounted for 22.8% of the global revenue share in 2015 and is expected to witness significant gains in light of growing need for repair, maintenance, and customization over the upcoming years.
  • Latin America will witness significant revenue growth at a CAGR of 6.6% from 2016 to 2024 as a result of increasing automotive vehicle sales in Argentina, Brazil, and Columbia. Prevalence of road accidents along with the growing trend of recreational vehicles in Brazil will fuel industry expansion.
  • Automotive refinish coatings industry is dominated by key participants including BASF, Axalta Coating Systems, PPG Industries, AkzoNobel, and Sherwin-Williams. Ongoing product development by various companies to manufacture high-performance and cost-efficient coatings is expected to augment product consumption over the next eight years.
  • In December 2015, PPG Industries in collaboration with Asian Paints introduced product line of environment base high performance waterborne automotive refinished paint in Sri Lanka to expand the customer base
View all Related Reports of this Category@ http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the global automotive refinish coatings market on the basis of resin type, technology, product, vehicle age, and region:

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

  • Acrylic
  • Alkyd
  • Polyurethane
  • Others
Global Automotive Refinish Coatings Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
  • Solventborne
  • Waterborne
  • UV-Cured
Global Automotive Refinish Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
  • Primer
  • Filler
  • Basecoat
  • Topcoat
  • Others
Global Automotive Refinish Coatings Vehicle Age Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
  • <5
  • 5-10
  • >10
Global Automotive Refinish Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
North America
  • U.S.
Europe
  • Germany
  • UK
Asia Pacific
  • China
  • India
Latin America
  • Brazil
MEA

Browse Press Release of this Reporthttp://www.grandviewresearch.com/press-release/global-automotive-refinish-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.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Automated Test Equipment Market Growth and Outlook 2012-2020

The Global Automated Test Equipment Market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favorably impact the market.


Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.

Access of Full Report@ http://www.grandviewresearch.com/industry-analysis/automated-test-equipment


Further key findings from the study suggest:

·         Non-memory ATE dominated the global market and accounted for over 75% of the overall market share in 2013. This is primarily due to increased proliferation of smartphones into the market, expansion of Long Term Evolution (LTE) wireless communication standard, increased automotive demand, and growing number of microcontroller-based applications.
·         IT & telecommunication accounted for over 50% of the overall market share in 2013, which can be attributed to the proliferation of computers, smartphones and tablets in the market and increased emphasis on effective communication. Automotive application sector is expected to witness significant growth owing to increased integration of sophisticated electronic devices in automobiles.
·         Asia Pacific is expected to be the market leader over the next six years, and accounted for over 70% of the market in 2013, owing to the presence of large number of semiconductor industries in the region and rapid technological advancements. RoW is expected to witness significant growth over the forecast period.
·         Key industry participants include National Instruments Corp., LTX-Credence Corporation, Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co., SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde & Schwarz GmbH & Co. KG among others.

View all Related Reports from this Category@
 http://www.grandviewresearch.com/industry/electronic-devices

For the purpose of this study, Grand View Research has segmented the Global Automated Test Equipment (ATE) Market on the basis of product, application and region:

    • Automated Test Equipment Product Outlook (Revenue, 2012 – 2020)

            • Memory ATE
            • Non-memory ATE
            • Discrete ATE
    • Automated Test Equipment Application Outlook (Revenue, 2012 – 2020)
            • Automotive
            • Consumer
            • Defense
            • IT & Telecommunication
            • Others
    • Automated Test Equipment Regional Outlook (Revenue, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

Browse Press Release of this Report
 http://www.grandviewresearch.com/press-release/global-automated-test-equipment
 
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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Automotive Lighting Market Growth and Outlook 2012-2022

The Automotive Lighting Market is anticipated to reach USD 34.65 billion by 2022. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market. 

Increasing apprehensions about using energy efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry are expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexible design techniques. 

Automotive LED market is estimated to demonstrate considerable growth at a CAGR of over 12.0% from 2015 to 2022. Halogen lights contributed to over 66.0% of overall industry revenue in 2014, followed by LED and xenon. It has gained prominence on account of easy availability, low purchasing costs, and low replacement costs. However, rising fuel prices are expected to pose a threat to the industry. 

Access of Full Report@ http://www.grandviewresearch.com/industry-analysis/automotive-lighting-market


The increase in demand for eco-friendly LED technologies on account of high efficiency, reduced CO2 levels, and high power, is expected to propel growth. Companies have been trying to develop eco-friendly LED to promote product differentiation and strengthen their global foothold. LEDs are used in daytime running lights (DRL), parking light, brake lights and turning lights. LEDs are preferred over xenon and halogen lights owing to optimum light bearing capacities and improved design which lead to increased shelf life. 

The adaptive headlight is an active safety feature that is intended to enhance the drivers’ visibility in poorly illuminated areas. It encompasses functionalities including automatic rotation which can sync with sensors and adjust brightness and intensity of light. Front lighting segment constituted for over 70.0% of the total revenue in 2014 owing to the availability of advanced features including automatic rotation which can sync with automatic brightness modules and sensor response. Extreme climatic conditions in Europe and North America is expected to trigger demand for fog lights over the forecast period. 

Automotive lighting industry in Asia Pacific is estimated to grow at a CAGR of over 8.0% and acquire a market share of about 45.0% over the forecast period. The continuous expansion of suppliers coupled with a vast production base is expected to position this region as the market leader. Countries including India, Japan, and China account for the major production base for vehicles globally, thus offering extensive growth opportunities. 

Key companies including Hella KGaA Hueck & Co., Koito Manufacturing Co., Magneti Marelli S.p.A and Valeo. Vendors usually employ the strategy of new product development and mergers & acquisitions to enter new markets. The introduction of low-cost LEDs and energy-efficient alternatives is foreseen as a cost-effective strategy for the industry.

View all Related reports of this Category@ http://www.grandviewresearch.com/industry/electronic-devices


Grand View Research has segmented the automotive lighting market on the basis of technology, application, and region:

Automotive Lighting Technology Outlook (Revenue, USD Million, 2012 - 2022)

·         Halogen
·         Xenon
·         LED

Automotive Lighting Application Outlook (Revenue, USD Million, 2012 - 2022)

·         Front/headlamps
·         Rear
·         Side
·         Interior

Automotive Lighting Regional Outlook (Revenue, USD Million, 2012 - 2022)

·         North America
·         Europe
·         Asia Pacific
·         RoW
 
Browse Press Release of this Report http://www.grandviewresearch.com/press-release/global-automotive-lighting-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Pneumatic Nebulizers Market Growth and Outlook 2015-2025

The Global Pneumatic Nebulizers Market was valued at USD 490.6 million in 2015 and is expected to reach a value of USD 893.9 million by 2025. The expansion is attributed to the increasing geriatric population base along with the growing need for home healthcare portable devices. The introduction of new systems featuring aerosol drug delivery technology with minimal drug wastage is expected to drive the market growth. For instance, in May 2013, Parion Sciences in partnership with Cambridge Consultants developed a technology that delivers tiny saline droplets that infiltrate deep into the lungs. The trans-nasal pulmonary aerosol delivery device currently undergoing clinical trial is intended for the treatment of cystic fibrosis.

Moreover, with the rising rate of hospital admissions and the resultant high expenditure, companies are encouraged to introduce home care devices that enable pre-hospitalization monitoring. Furthermore, the advent of integrated devices has empowered patients and physicians to share and access data on a single platform.

For instance, in March 2016, Philips received 510 (K) clearance for its Care Orchestrator. The cloud-based technology is a clinical management software, which promotes homecare for sleep apnea and respiratory care patients. Moreover, the clinical management system furnishes a single platform combining sleep and respiratory care, providing informatics and workflow intelligence for patients, providers, and payers.

Some of the major players operating include Omron Corporation, Philips Healthcare; PARI Pharma GmbH; GE Healthcare; Allied Healthcare; Becton, Dickinson and Company; Agilent Technologies; Medline Industries, Inc.; and Briggs Healthcare.

Access of Full Report@ http://www.grandviewresearch.com/industry-analysis/pneumatic-nebulizer-market


Further Key Findings from the Study Suggest:

·         Vented nebulizers dominated the product type segment in 2015 owing to their high availability and affordable cost. Moreover, industry contributors are introducing new solutions that enable patient data access in one single platform. In November 2015, CareFusion introduced a new respiratory solution at the American Association for Respiratory Care Congress.
·         North America is estimated to dominate the pneumatic nebulizers market in 2015. The introduction of advanced technological devices and the supportive medical coverage offered in this region is expected to further fuel market growth. For instance, in March 2015, Sunovion Pharmaceuticals, Inc. announced the initiation of Phase III clinical trial for its SUN-101 solution using PARI Pharma’s eFlow nebulizer system for COPD.
·         Asia Pacific is the fastest growing market owing to its huge aging population base, increasing focus on preventive care, and government initiatives promoting technological innovations. In July 2015, Tribeca Care launched its online healthcare store to supply homecare respiratory products, wherein prominent medical brands such as Philips, Omron, Nidek, Karma, ResMed, and Vissco were brought under one roof.
·         Sector players are integrating healthcare with technology to improve upon the current patient monitoring devices in the vertical for respiratory diseases. Moreover, increasing awareness around pre-assessment devices has further accelerated the demand for pneumatic nebulizers. In June 2016, Philips introduced the Patient Adherence Management Service at the 2016 SLEEP event to better patient compliance to sleep therapy.

View all Related Report of this Category@  http://www.grandviewresearch.com/industry/medical-devices


Grand View Research
 has segmented the Pneumatic Nebulizers Market by type and region:

Pneumatic nebulizers market Type Outlook (Market revenue in USD Million, 2014 -2025)

·         Vented Pneumatic Nebulizer
·          Breath-Actuated Pneumatic Nebulizer

Pneumatic nebulizers market Regional Outlook (Market Revenue in USD Million, 2014 -2025)

North America
·         U.S.
·         Canada
 Europe
·         UK
·         Germany
Asia Pacific
·         Japan
·         China
·         India
Latin America
·         Brazil
·         Mexico
·         Middle East and Africa
·         South Africa
 
Browse Press Release of this Report http://www.grandviewresearch.com/press-release/global-pneumatic-nebulizer-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Medical Holography Market Growth and Outlook 2015-2025

The Medical Holography Market is expected to reach USD 4.04 billion by 2025, according to a new study by Grand View Research, Inc. The medical holography market is predominantly driven by the increasing penetration of holographic displays in diagnostic imaging for educational and training purposes due to the generation of high quality 3D images, which provide a better insight into disease progression.

The unprecedented penetration rate of holography products is attributable to the inherent benefits of this technology over conventional alternatives, which influence companies to work further toward developing these products for subsequent commercialization.

Furthermore, the high physician demand to gain deep insights during diagnosis is widening the scope for sector growth. In addition, heightening technological sophistication is presumed to accentuate the market uptake of holography products and encourage high participation by the companies.

Access of Full Report@ http://www.grandviewresearch.com/industry-analysis/medical-holography-market


Further Key Findings from the Study Suggest:
  • In 2015, holographic displays accounted for the dominant share in the product segment owing to surging demand for precision in assisted surgeries. In addition, consistent advancements in this field are presumed to further present this segment with opportunities in the future. For instance, in December 2014, Bristol University developed a touchable holographic display through the generation of air disturbances using ultrasound to create 3D haptic shapes
  • Medical imaging is expected to grow at a constant rate during the forecast period due to the consistent efforts of major companies to promote the incorporation of holographic products in clinical applications. For instance,in October 2014, Zebra Imaging entered into a partnership with Zygote Media Group to develop advanced 3D biomedical models to visualize human anatomy
  • In 2015, North America held a substantial share of the overall market with a share of over 38.0%. This is attributed to the consistent number of investments in the R&D sector. Consequently, the technological advances in the medical holography market space has led to a significant increase in the adoption of these products owing to the better diagnostic outcomes
  • Asia Pacific is anticipated to exhibit an exponential CAGR of over 32.0% during the forecast period. The lucrative growth rate is attributable to the rising healthcare spending, consistently growing healthcare infrastructure, and growing awareness levels with respect to the usage of holography products in medical applications
  • The key players are consistently undertaking new product development and collaborative strategies to attain a higher market share and gain a competitive position in this sector. For instance, in October 2013, RealView Imaging Ltd. and Royal Philips completed an assessment of live 3D holographic imaging, which facilitates 3D interaction and facilitates minimally-invasive structural heart disease procedures
View all related reports of This Category@ http://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the medical holography market on the basis of product, application, end use, and region:

Global Medical Holography Product Outlook (Revenue, USD Million, 2014 - 2025)

Holographic Display
  • Laser
  • Touchable
  • Piston
  • Semi-transparent
Microscope
Print
Software
Others
Global Medical Holography Application Outlook (Revenue, USD Million, 2014 - 2025)
Medical Imaging
  • Ophthalmology
  • Dentistry
  • Urology
  • Otology
  • Orthopedics
  • Others
Medical Education
  • Biomedical Research
Global Medical Holography End-use Outlook (Revenue, USD Million, 2014 - 2025)
  • Academic Centers
  • Pharmaceutical & Biotechnology Companies
  • Biomedical Research
Global Medical Holography Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
  • U.S
  • Canada
Europe
  • Germany
  • UK
Asia Pacific
  • Japan
  • China
  • India
Latin America
  • Brazil
  • Mexico
Middle East and Africa
  • South Africa
 
Browse Press Release of this Report http://www.grandviewresearch.com/press-release/global-medical-holography-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Laboratory Informatics Market Analysis 2015 and Forecast to 2025

The Global Laboratory Informatics Market was valued at USD 2.15 billion in 2015 and is expected to reach a value of USD 3.83 billion by 2025. Increasing requirement for life sciences companies to comply with regulatory demands has further promoted the incorporation of laboratory information management systems (LIMS) as it helps professionals understand and fulfill the complex regulatory obligations. Furthermore, demand for cost-efficient workflow management systems is anticipated to drive the growth over the forecast period.

Rising adoption of LIMS solutions by biobanks coupled with the increasing demand for integrated healthcare solutions is the key contributing factor for the growth of the laboratory informatics market over the forecast period. In addition, growing awareness levels amongst the end-use segments and technological evolution of LIMS solutions are anticipated to fuel the growth in the coming years.

Access of Full Report@ http://www.grandviewresearch.com/industry-analysis/laboratory-informatics-market


Further key findings from the report suggest:


·         LIMS dominated the overall laboratory informatics market on the basis of technology in 2015 owing to the associated benefits such as data tracking and management with fewer errors. Moreover, demand for fully integrated LIMS platforms is growing in accordance with the requirements of life sciences and research industries to reduce the incidence of errors in data management and qualitative analysis of research information. The above-mentioned factors are expected to drive the segment growth.
·         On the other hand, demand for upgraded laboratory informatics technologies such as electronic lab notebook and Enterprise Content Management (ECM) solutions amongst research professionals and industry players, respectively, is expected to increase over the forecast period. Associated benefits of ECM, such as database management of large unstructured or structured medical information and supportive government initiatives, are expected to contribute to its lucrative growth over the forecast period.
·         Cloud-based services are anticipated to show lucrative CAGR over the forecast period due to its growing acceptance by industry participants. The introduction of technologically advanced software solutions and their widespread adoption by the healthcare IT providers are expected to impede the growth of the on-premise segment over the forecast period. Furthermore, advantages associated with its usage, including remote access to information, reduced operational cost, and real-time data tracking, are contributing toward their rising demand.
·         North America dominated the market as of 2015, which is attributable to supportive government initiatives promoting the adoption of LIMS. On the other hand, the Asia Pacific market is likely to exhibit profitable growth due to increasing R&D expenditure deployed by the public and private sectors coupled with increasing awareness levels pertaining to LIMS
·         The key players serving laboratory informatics market areThermo Fisher Scientific, Inc., Core Informatics, LabWare, Cerner Corporation, PerkinElmer, Inc., LabVantage Solutions, Inc., LabLynx, Inc., Agilent Technologies, ID Business Solutions Ltd., McKesson Corporation, Waters Corporation, and Abbott Informatics.

View all Related Reports of this Category@ http://www.grandviewresearch.com/industry/healthcare-it 


Grand View Research
 has segmented the Laboratory Informatics Market by product, delivery mode, component, end-use and region:

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

·         LIMS
·         ELN
·         SDMS
·         LES
·         EDS & CDMS
·         CDS
·         ECM
Delivery Mode Outlook (Revenue, USD Million, 2014 - 2025)
·         On-Premise
·         Web-hosted
·         Cloud-based
Component Outlook (Revenue, USD Million, 2014 - 2025)
·         Software
·         Services
End-use Outlook (Revenue, USD Million, 2014 - 2025)
·         Life Science Companies
·         CROs
·         Chemical industry
·         Food & Beverage and Agriculture Industries
·         Petrochemical Refineries and Oil &d Gas Industry
·         Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
·         U.S.
·         Canada
Europe
·         UK
·         Germany
Asia Pacific
·         Japan
·         China
·         India
·         Latin America
·         Brazil
·         Mexico
Middle East and Africa
·         South Africa
 
Browse Press Release of this Report http://www.grandviewresearch.com/press-release/global-laboratory-informatics-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.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Wednesday 28 December 2016

Global Bioherbicides Market is expected to reach USD 4.14 billion by 2024 growing at a CAGR of 15.7%

The Global Bioherbicides Market is expected to reach USD 4.14 billion by 2024, according to a new report by Grand View Research, Inc. Growing eco-friendly weed killer demand on account of increasing organic farming preference over synthetic methods is expected to remain a key driving factor for global bioherbicides market. In addition, sustainable crop cultivation practices development is also anticipated to positively influence the market growth. High quality and nutritional fruit & vegetable cultivation with the help of bioherbicides are expected to significantly contribute towards industry development. 

The shift in consumer’s trend towards nutritional and greener diet has given rise to organically produced vegetables and food grains demand which in turn is anticipated to drive industry growth over the forecast period. Easy availability coupled with affordable prices of synthetic herbicides is expected to a pose challenge to bioherbicides market. In addition, lack of awareness among farmers is also anticipated to negatively impact the product preference for cultivation purposes. 

Fruit and vegetable sector was the leading application segment and accounted 27.3% of total revenue in 2015. Turf and ornament segment is anticipated to witness the highest growth of 16% from 2016 to 2024. The product finds its application in gardening, clearing of railway tracks, gold course maintenance which is anticipated to further contributed expand the application base in turf and ornament sector. 

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/bioherbicides-market

Further key findings from the report suggest:
  • Global bioherbicide market was valued at USD 1.12 billion in 2015 and is expected to reach USD 4.14 billion by 2024, growing at a CAGR of 15.7% from 2016 to 2024
  • North America was the leading regional market and accounted for 29.5% of global revenue in 2015. Government initiatives and increasing consumer awareness regarding health and environmental issues particularly in the U.S. are expected to drive the regional market over the forecast period.
  • Asia Pacific is expected to witness the highest growth of 16.1% from 2016 to 2024. Increasing product demand in Australia is anticipated to significantly contribute to the overall regional growth.
  • Key players operating in the global bioherbicides industry include Bioherbicides Australia (BHA), Hindustan Biotech, Marrone Bio Inventions, Fitz Chem Corporation, Emery Oleochemicals, Mycologic Inc and Engage Agro USA.

View all related Reports from this Category: http://www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the Bio-herbicides Market on the basis of application and region:

Global Bioherbicides Application Outlook (Revenue, USD Million, 2016 - 2024)
  • Grains and Cereals
  • Oil Seeds
  • Fruits and Vegetables
  • Turf and Ornament
Global Bioherbicides Regional Outlook (Revenue, USD Million, 2016 - 2024)
North America
  • U.S
  • Canada
Europe
  • Germany
  • UK
Asia Pacific
  • India
  • China
  • Australia
Central & South America
  • Brazil
Middle East and Africa
  • Saudi Arabia

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.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@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...