Wednesday 27 September 2017

Specialty Silica Market Is Expected To Reach $4.43 Billion By 2022

Global Specialty Silica Market is expected to reach USD 4.43 billion by 2022, according to a new report by Grand View Research, Inc. Rising application scope of the product in various end-use industries including rubber and coatings is expected to fuel demand over the forecast period. 
Increasing coating demand in Asia Pacific on account of growing construction and rising government expenditure on infrastructure development in emerging economies of India and China is expected to propel product need over the next seven years. 

Automotive industry growth in numerous countries is expected to fuel tire demand which in turn is expected to have a positive impact on the product market over the forecast period. In addition, increasing use of the product in green tire manufacturing on account of various advantages such as increased shelf life and fuel efficiency will propel the industry growth over the next seven years. However, mature nature of various end-use industries primarily in Europe and North America may challenge specialty silica industry growth. 

Full Research Report on Global Specialty Silica Market Analysis:
http://www.grandviewresearch.com/industry-analysis/specialty-silica-market

Further key findings from the report suggest:
  • Precipitated silica was the largest product segment estimated over 2,000 kilo tons in 2014. It is widely employed as a performance additive as it increases wet-grip capabilities and wear resistance in automotive and industrial tires. Silica-filled tires are widely used owing to low rolling resistance which results in better handling and improved mileage. This is expected to fuel overall product demand over the forecast period.
  • Rubber application segment was estimated over USD 1,000.0 million in 2014. Rising rubber need on account of increased automobile production particularly in India and China is expected to have a positive impact on the industry over the forecast period.
  • Europe specialty silica market was estimated over USD 300.0 million in 2014. Robust automotive manufacturing base in the Germany is expected to be a favorable factor for rising demand. In addition, growth in the food & healthcare sector in various countries including France, UK, and Germany on account of changing lifestyle of consumers coupled with increased government spending on public health is expected to propel product need over the next seven years.
  • The global specialty silica industry is highly competitive with key multinationals dominating the sector. Increased R&D expenditure for new product developments coupled with the need to reduce production cost are key trends witnessed within the industry. In January 2016, PPG Industries announced plans for setting up new production site for precipitated silica in North America. As of July 2015, Solvay introduced highly dispersible silica (HDS) which enhances the performance of tires by cost-effective energy saving.

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 Specialty Silica Market on the basis of product, application and region:

Specialty Silica Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
  • Precipitated silica
  • Silica gel
  • Fused silica
  • Colloidal silica
  • Fumed silica
Specialty Silica Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
  • Rubber
  • Food & healthcare’
  • Coatings
  • Plastics
  • Abrasives & refractories
  • Others
Specialty Silica Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  •  MEA

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

Lithium-Ion Battery Market IS Projected To Grow At A CAGR Of 17.0% During Forecast Period 2014-2025

Global Lithium-Ion Battery Market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level is expected to drive market demand.

Lithium-ion batteries are used in applications that require lightweight and high-energy density solutions. These batteries provide the highest energy density per weight and are mostly used in cellular phones, notebook computers, and hybrid automobiles.

Technological advancements to reduce the weight of batteries, cost and increase their power output, is expected to augment industry expansion. In addition, competent distribution channels are likely to be an important way to gain a competitive advantage.

Energy storage system is expected to witness the fastest growth over the forecast period at a CAGR of 21% from 2017 to 2025 owing to the developments in wind and solar PV in countries including Germany, China and U.S.

Asia Pacific was the dominant market and accounted for 48.3% of the global share in 2016. The region is expected to show substantial rise on account of implementation of government policies to promote electric vehicles in India & China.

Moreover, presence of key energy generation companies in China including China Guangdong Nuclear Power Group, China National Nuclear Corporation, Shenergy Group, and Shenhua Group is expected to propel industry growth.

Full Research Report on Global Lithium Ion Battery Market Analysis:
http://www.grandviewresearch.com/industry-analysis/lithium-ion-battery-market

Further key findings from the report suggest:
  • Lithium cobalt oxide (LCO) was the dominant product segment and was valued at USD 7.15 billion in 2016 on account of its high usage in mobile phones, tablets, laptops, cameras as it offers high energy density and high safety level. However, its relatively short life span, low thermal stability and limited load capabilities is likely to act as restrain to demand.
  • Growing adoption of solar power systems and e-bikes in UK, Germany, and Netherlands will stimulate industry growth. Growing lithium-ion battery demand in Germany, Spain, Italy, France and the UK is expected to have a positive impact over the forecast period.
  • Consumer electronics was the largest application segment and accounted for 52.3% of the overall share in 2016. The increasing demand for portable devices including mobiles, and tablets in China and India is expected to drive demand.
  • North America was the second largest market and accounted for 25.9% of the overall revenue in 2016 and is anticipated to show substantial growth considering increasing sales of electric vehicles and smart phones.
  • The industry is highly competitive with the presence of major players including Panasonic Corporation, Hitachi Chemical Co., Ltd., GS Yuasa International Ltd., Samsung SDI Co., Ltd., LG Chem, and BYD.
  • In March 2016, Daimler AG invested USD 586.7 million to install second lithium-ion batteries facility in Germany for electric vehicles and hybrids under the Mercedes-Benz brand
  • In January 2016, Nissan invested USD 31.0 million to manufacture future-generation electric vehicle batteries at its advanced lithium-ion battery plant in Sunderland

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

Grand View Research has segmented the Global Lithium-Ion Battery Market on the basis of product, application, and region:

Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Lithium Cobalt Oxide (LCO)
  • Lithium Iron Phosphate (LFP)
  • Lithium Nickel Cobalt Aluminum Oxide (NCA)
  • Lithium Manganese Oxide (LMO)
  • Lithium Titanate (LTO)
  • Lithium Nickel Manganese Cobalt
Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Automotive
  • Consumer Electronics
  • Industrial
  • Energy Storage Systems
Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

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

Spray Adhesives Market Size Is Expected To Reach $8.08 Billion By 2025

Global Spray Adhesives Market is expected to reach USD 8.08 billion by 2025, growing at a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Asia Pacific is estimated to depict a high industry growth during the forecast period. China, and India are the major countries that are likely to create a positive impact on spray adhesives demand by 2025. 

Hot melts is one of the major product segments of the industry. These products are consumed in numerous applications owing to their superior performance attributes. They have good adhesion properties and can be bonded on a wide number of substrates that include rubbers, metals, glass, ceramics, plastics, and wood.

Power Adhesives UK offers Spraytec hot melt spray glues for temperature-sensitive material applications including plastic foams and films. These products offer a broad area of adhesion and enhance bond strength especially for weak substrates.

The packaging sector is one of the major applications of hot melt spray glues, wherein the products are incorporated in carton sealing, paperboard carton and corrugated box assembly and labeling. The 3M Company offers an extensive product portfolio of hot melt glue products that are characterized by good shear strength, quick drying rates, and high flexibility.

Robust automotive industry growth in India is a significant driving factor that is expected to enhance the product consumption in the next couple of years. Owing to the ‘Make in India’ initiative, the manufacturing output of commercial and passenger vehicles is slated to increase in the future. This in turn is estimated to propel the use of fast dry and high tack glues for use in automotive interior components over the years ahead.

Full Research Report on Global Spray Adhesives Market Analysis:
http://www.grandviewresearch.com/industry-analysis/spray-adhesives-market

Further key findings from the report suggest:
  • In terms of revenue, the packaging segment is expected to rise at a CAGR of 5.3% over the forecast period. This application segment constituted a revenue share of 21.0% in 2016.
  • Technological breakthrough in the field of hot melts and low VOC waterborne formulations is estimated to offer lucrative growth prospects in the industry by the end of 2025
  • China is likely to witness high growth in terms of product demand over the years ahead. Government initiatives in promoting the international trade of specialty chemicals coupled with increasing infrastructure activities to boost the demand for building materials including glues, sealants, and composites.
  • Companies are aiming at achieving optimum business growth through fully integrating their business operations across the product value chain. For instance, The Dow Chemical Company is engaged in manufacturing spray adhesives as well as its raw materials along with its end-products such as polyurethane foams
  • In January 2017, H.B. Fuller Company acquired the industrial adhesive business assets of Wisdom Worldwide Adhesives. This strategic acquisition is expected to strengthen the company’s market position and benefit it in gaining access of the latter’s application sectors including product assembly, packaging, and paper processing.
  • In March 2017, Ashland launched two new solvent based glues named Aroset™ PS-6426 and Aroset™ PS-5333 for pressure sensitive applications

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 Spray Adhesives Market on the basis of technology, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Water based
  • Solvent based
  • Hot Melts
  • Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Construction
  • Packaging
  • Furniture
  • Automotive & Transportation
  • Textile & Leather
  • Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
  • Europe
    • Germany
  • Asia Pacific
    • China
  • Central & South America
    • Brazil
  • Middle East & Africa

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

E-Pharma Market Is Projected To Grow At A CAGR Of 14.8% During Forecast Period 2014-2025

Global E-Pharma Market is expected to reach USD 109.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is primarily driven by constant increase in the number of internet users, improved access to web-based & online services, and rapid increase in aging population who find it difficult to visit pharmacies. Convenience, affordability, and ease in availability of medicines are fueling market growth.

Increase in prevalence of chronic conditions and diseases across the globe is resulting in constant growth in demand for various drugs and healthcare products. High cost of treatment is indicating the need to reduce health care cost. Online pharmacies are gaining popularity owing to lucrative offers such as price discounts that result in cost savings. In addition, increase in adoption of e-prescriptions in hospitals and other healthcare facilities is further expected to boost growth.

High-unmet needs of emerging economies is one of the key driving factors. Government initiatives, increase in investments, changing regulations, and increasing penetration of internet and broadband in urban as well as rural areas are contributing to the growth of the market. Many new players are entering the market as the healthcare sector is offering huge potential to the online health retailers due to the ever-growing demand for healthcare products and services.

However, growth in illegal online pharmacies is restraining the growth. These illegitimate websites may offer counterfeit and unapproved drugs, which make people skeptical about purchasing medicines online.

Full Research Report on Global E-Pharma Market Analysis:
http://www.grandviewresearch.com/industry-analysis/e-pharma-market

Further Key Findings From the Report Suggest:
  • North America held majority of the share in 2016 due to increase in online purchases, growing elderly population, and high adoption of IT in healthcare
  • The U.S. is the largest market in North America owing to the presence of various key players and a large tech-savvy population
  • Asia Pacific is expected to be the fastest growing segment due to the presence of emerging economies like China & India and improving infrastructure
  • Some of the key players are The Kroger Co., Walgreen Co.; Wal-Mart Stores, Inc.; CVS Health; Express Scripts Holding Company; Giant Eagle, Inc.; DocMorris (Zur Rose Group); Rowlands Pharmacy; and OptumRx, Inc.

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

Grand View Research has segmented the Global E-Pharma Market on the basis of region:
e-Pharma 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 & Africa
    • South Africa

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

Tuesday 26 September 2017

In-vitro Toxicology Testing Market Is Expected To Reach $44.7 Billion By 2022

Global In-Vitro Toxicology Testing Market is expected to reach USD 44.7 billion by 2022 growing at an estimated CAGR of 10.5% from 2015 to 2022, according to a new report by Grand View Research, Inc. This expected rise in demand can be ascribed to novel and promising technologies in analytical laboratories. 

Advancement in bioinformatics based research for development of efficient software algorithms in order to carry out efficient stimulation of in-silico animal models in determination of toxicological response is expected to influence sector growth through to 2022. 

Furthermore, rapid up gradation of databases that serve information for toxicity profiling and lethal dose determination of different compounds is anticipated to create significant potential for growth in this market during the forecast period. 

Rise in government imposed restrictions and guidelines on usage of animals for pre-clinical research and toxicology testing is also attributive towards estimated progress in this industry.
Additionally, increasing R&D in biotechnology sector for enhancement in cell based assays and cell culture techniques, is anticipated to impart significant growth potential in this sector. 

Full Research Report on Global In-vitro Toxicology Testing Market Analysis:
http://www.grandviewresearch.com/industry-analysis/in-vitro-toxicology-testing-market

Further key findings from the study suggest:
  • Pharmaceutical and cosmetic industry together accounted for almost 65% of total revenue generated in this sector for 2014. This large share can be attributed to rapid novel product launches for treatment of different diseased conditions wherein toxicological testing is the pre-requisite step. 
  • Cell culture technology contributed for over 42% of the revenue generated in the industry with respect to technology owing to critical role of cell culture in biotechnological development and cell based analysis 
  • Omics technology is anticipated to register lucrative growth thereby driving demand due to advancement in sequencing methods and availability of different platforms depending on source and target sequence. 
  • As a fundamental process in biopharmaceutical or pharmaceutical product development toxicological testing finds application in determination of systemic, dermal, & ocular toxicity as well as endocrine disruption 
  • Amongst the above enlisted applications, dermal toxicity is expected to witness significant progress with a CAGR of approximately 13% due to comparatively higher incidence of side effects associated with skin after administration of several compounds. 
  • North America accounted for the largest share of over 45% in revenue in 2014 owing to presence of significant number of sector players that are implementing advanced in-vitro technology. Furthermore, presence of stringent regulations pertaining to animal usage in toxicity analysis attributive towards high demand of in-vitro tests in this region. 
  • Asia Pacific is expected to witness lucrative CAGR of over 11% from 2015 to 2022 due to rapid improvement in health care infrastructure in developing economies of this region which in turn contributes to regional progress in industry. 
  • Key participants of in-vitro toxicology testing industry are Quest Diagnostics, Covance, Cyprotex, Alere, Inc, Charles River Laboratories, GE Healthcare, Thermo Fisher Scientific, Eurofins Scientific, Inc., Agilent Technologies, Catalent Pharma Solutions, Sigma Aldrich, and Bio-Rad. 
  • These participants are involved in collaborations with bioinformatics research firms in order to develop novel in-silicoalgorithms for computational estimation of toxicity of pharmaceutical and chemical products. 
  • Moreover, these market entities are also focusing on entering untapped regions in order to maintain their share in market revenue. 

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

Grand View Research has segmented Global In-Vitro Toxicology Testing Market on the basis of end use, technology, method, application, and region:

Global In-vitro Toxicology Testing Outlook, by End-use (Revenue, USD Million, 2012 - 2022)
  • Pharmaceutical industry
  • Cosmetics & household products
  • Diagnostics
  • Chemical industry
  • Food industry
Global In-vitro Toxicology Testing Technology Outlook (Revenue, USD Million, 2012 - 2022)
  • Cell culture technology
  • High throughput technology
  • Molecular imaging
  • OMICS technology
Global In-vitro Toxicology Testing Outlook, by Application (Revenue, USD Million, 2012 - 2022)
  • Systemic Toxicology
  • Dermal Toxicity
  • Endocrine Disruption
  • Occular toxicity
Global In-vitro Toxicology Testing Outlook, by Method (Revenue, USD Million, 2012 - 2022)
  • Cellular Assay
  • Biochemical Assay
  • In-Silico
  • Ex-vivo
In-vitro Toxicology Testing Regional Outlook (Market Revenue in USD Million, 2012 - 2022 )
  • North America
  • Europe
  • Asia Pacific
  • RoW

View Press Release Of This Research Report 
By Grand View Research:
 http://www.grandviewresearch.com/press-release/global-in-vitro-toxicology-testing-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 us: www.grandviewresearch.com

Apheresis Equipment Market Is Projected To Growing At A CAGR Of 11.5% During The Forecast Period 2013-2024

Global Apheresis Equipment Market is expected to reach USD 3.7 billion by 2024, according to a new report by Grand View Research, Inc. The apheresis equipment industry is expected to be impacted by factors such as rising demand for plasma, platelets and other blood components, increasing incidence of chronic illnesses, presence and development of ideal reimbursement policies across various regions, and supportive government initiatives.

The U.S. Federal Government has been very involved in the funding of apheresis research through its benefit programs such as Medicare, Medicaid, veterans’ health administration military and employee insurance programs. Medicare provides coverage for apheresis regardless of whether the procedure is performed in a hospital or a blood center. In addition, private insurers have recently begun to closely examine apheresis procedures and issue policy statements pertaining to coverage.

Growing incidence of blood related disorders leading to the rise in demand for platelets and plasma is expected to serve the market as a high impact rendering driver. The industry is also expected to be driven by technology innovations aimed at delivering relatively more effective and faster results. Healthcare practitioners and researchers are now in the need for devices requiring minimum human intervention and introduction of fully automatic apheresis equipment with enhanced displays is expected to improve usage rates.

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

Further Key Findings From the Study Suggest:
  • Disposable apheresis kits are anticipated to dominate the product segment by 2024. Bulk volume purchase associated with these products is predicted to govern their growth.A single cycle of apheresis procedure consumes multiple disposable sub parts which is responsible for comparatively larger market volume as compared to apheresis machines.
  • The photopheresis procedure is anticipated to witness lucrative growth owing to its rising demand in treatment. The procedure is approved for treatment of solid organ transplant rejection, scleroderma, type 1 diabetes, pemphigus vulgaris, lichen planus &atopic dermatitis, and cutaneous T-cell lymphoma.
  • Another procedure expected to gain lucrative share is erythrocytapheresis. The procedure also finds application in blood donation procedures where it is widely used for separating two units of blood, known as double red cell apheresis. Rising incidence rates of genetic disorders such as sickle cell anemia is expected to drive market growth by widening the patient base.
  • Asia Pacific is anticipated to witness the fastest growth over the forecast period. Presence of high unmet needs and rapidly increasing demand for platelets in the emerging Asia Pacific and Latin American markets is expected to serve this market as future growth opportunities. For example, in July, 2014, India witnessed a rapid rise in demand for platelets owing to an increased incidence rate of dengue.
  • Key players of this industry include Fresenius Kabi; Haemonetics; Terumo BCT; Therakos, Inc.; Asahi Kasei Kuraray Medical Co Ltd; and B. Braun Melsungen AG. Strategies promoting faster distribution and development of efficient supply chain are being incorporated by the players.
  • For instance, in March 2014, Therakos, Inc., signed an exclusive distribution agreement with Terumo BCT, wherein Terumo would be the sole supplier of UVAR XTS and THERAKOS CELLEX in the Latin American region. Countries such as Mexico, Argentina, Peru, Colombia and Uruguay would be under purview.

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 Apheresis Equipment Market on the basis of product, application, procedure, technology and region.

Global Market by Product , 2013 - 2024 (USD Million)
  • Disposable apheresis kits
  • Apheresis machine
Global Market by Application , 2013 - 2024 (USD Million)
  • Renal diseases
  • Hematology
  • Neurology
  • Others
Global Market by Procedure , 2013 - 2024 (USD Million)
  • Plasmapheresis
  • LDL-apheresis
  • Plateletpheresis
  • Leukapheresis
  • Photopheresis
  • Erythrocytapheresis
  • Others
Global Market by Technology , 2013 - 2024 (USD Million)
  • Membrane Filtration
  • Centrifugation
Global Market by Region , 2013 - 2024 (USD Million)
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa

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

Zeolite Molecular Sieve Market Is Expected To Grow At A CAGR 2.3% From 2015 To 2022

Global Zeolite Molecular Sieve Market is expected to reach USD 4.27 billion by 2022, according to a new study by Grand View Research, Inc. Increasing demand for energy coupled with stress on green technologies has resulted in growing demand for zeolite molecular sieves as catalysts for petroleum refining. Higher efficiency and yield, and non-toxicity property of zeolites has resulted in the extensive use of the mineral for catalytic operations. In addition, growing demand for adsorbents owing to rising awareness regarding presence of hazardous organic materials in wastewater is expected to augment zeolite molecular sieve market demand over the forecast period.

Detergents accounted for over 70% of the global zeolite molecular sieve market volume share in 2014. Zeolite molecular sieves are used in detergents owing to its ability to produce demineralized water through calcium ion exchange which helps in the removal of any kind of dirt. This has resulted in a tremendous demand for zeolite molecular sieves from detergent segment. Zeolite molecular sieves being increasingly used in the petroleum industry as catalysts which is anticipated to drive market growth.

Full Research Report on Global Zeolite Molecular Sieve Market Analysis:
http://www.grandviewresearch.com/industry-analysis/synthetic-zeolite-market

Further key findings from the study suggest:
  • Global zeolite molecular sieve demand in catalysts was 345.7 kilo tons in 2014 and is expected to grow at a CAGR 2.3% from 2015 to 2022. Increasing industrial use of zeolite molecular sieve as catalysts in the petroleum industry has resulted in driving market growth over the past few years and the trend is anticipated to continue over the forecast period. Zeolite molecular sieves are used for cracking of petroleum as it causes certain structural changes during the chemical reaction which helps in manufacturing petrochemicals.
  • Asia Pacific is expected to be a lucrative market, which accounted for 32.0% of global zeolite molecular sieve market volume in 2014. Growing demand for refrigerants and detergents, and an increasing utilization of zeolites in advanced processing methods in nuclear industry for the removal of nuclear waste is expected to have a positive impact in the region over the forecast period.
  • In 2013, global natural zeolite mining output exceeded 2,700 kilo tons, where China was the largest producer accounting for over 70% of the output. China was the largest consumer for natural zeolites in 2014, owing to the presence of a well-established manufacturing base for detergents, petroleum refining, gas separation and water purification.
  • Kay players present in the global zeolite molecular sieve market include Tosoh Corporation, Arkema, BASF, UOP, Grace Catalysts Technologies, Zeox Corporation, Chemiewerk Bad Köstritz and Union Showa K K. the global market is characterized by integration across raw materials and manufacturing stages of the value chain.

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

For the purpose of this study, Grand View Research has segmented the Global Zeolite 
Molecular Sieve Market on the basis of application and region:

  • Global Zeolite Molecular Sieve Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
    • Detergents
    • Catalysts
    • Others
  • Global Zeolite Molecular Sieve Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·         North America
§  U.S.
·         Europe
§  Russia
§  Turkey
·         Latin America
§  Brazil
·         Asia Pacific
§  China
§  India
·         MEA
§  Qatar

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