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Adroit Market Research launched a study titled, “Global Atmospheric Water Generator Market Size 2017 By Product (Wet Desiccation and Cooling Condensation), By Application (Residential, Industrial, and Commercial), By Region and Forecast 2018 to 2025”. The report includes the global atmospheric water generator market in terms of revenue and units for a period from 2015 to 2025. The global atmospheric water generator (AWG) market report also includes qualitative insights into the market such as drivers, restraints, and value chain.

Over the past few years, rising temperature coupled with scanty rainfall has drying lakes and river beds, which in turn has resulted in water shortage. Moreover, infrastructure development and industrialization in developing countries such as China, India, and Brazil is expected to increase demand for atmospheric water generators over the coming years.

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Cooling condensation accounted for 98.6% of the global atmospheric water generator (AWG) market share in 2017. The widespread availability and higher output efficiency of these machines are expected to propel market growth. Lower output as compared to cooling condensation has limited the adoption of wet desiccation atmospheric water generator. In addition, complicated mechanism, less consumer awareness is expected to hamper the global wet desiccation atmospheric water generator market growth. However, continuous R&D to improve humidity extraction from the air by using liquid brine in the pace of crystalline brine salt is expected to increase wet desiccation market concentration over the coming years.

High power consumption in cooling condensation atmospheric water generator units results in the emission of greenhouse gases which is a major threat to the environment. Furthermore, these units when powered by coal or another non-renewable form of energy emit greater carbon footprints than other clean water generation units such as desalination plants and reverse osmosis units. However, these issues are expected to be rectified as manufacturers are mounting onboard power generation units using solar panels and wind turbines. Other major concern is the usage of CFC based refrigerants in AWG units. Manufacturers are currently substituting these with other refrigerants such as propane and sulfur dioxide which offer improved performance as well reduces environmental impact.

Global atmospheric water generation market is fragmented in nature as a large number of well-established and small manufacturers are operating in this industry. Some key manufacturers are Eurosport Active World Corporation Technologies, Watair Inc., Ecoloblue, Inc., Island Sky Corporation, WaterMaker India Pvt. Ltd., Dew Point Manufacturing, Fujian Yuxin Electronic Co., Ltd., Air2Water LLC, Water-Gen Ltd., Water Technologies International, Inc., Saisons Technocom Pvt. Ltd., Planets Water, Konia, and Ambient Water. Integration across the value chain is almost absent in the global atmospheric water generation industry as manufacturers are outsourcing components.

Companies such as Planets Water and Hendrx Water offer a wide range of residential, industrial and commercial AWG units. These units are categorized according to their water generation capabilities. Residential AWG usually produces 10L to 40L of water through its ground units. Commercial series include AWG ranging between 100L and 3000L followed by industrial series ranging between 5000L and 10000L. A large number of manufacturers are primarily involved in manufacturing residential AWG owing to the comparatively easier manufacturing process. Industrial units are primarily manufactured post order.

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About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Phone No.: USA:  +1 (214) 884-6068 / +91 9665341414

 Report provides a comprehensive assessment of the Pea Protein Market. We do this through in-depth qualitative insights, historical data and verifiable prospects for market size. The prospects presented in the report were derived using proven methodologies and assumptions. Through this, the research report serves as a repository for analysis and information on all aspects of the market, including, but not limited to, local markets, technologies, types and applications.

The global pea protein market size crossed the USD 87.0 million mark in 2017. The growing importance of fitness and healthier lifestyles among consumers has increased the consumption of vegan products over the recent years. As a consequence, this has propelled the requirements of high protein quality in foods from both the consumer and food processing industry perspectives. These factors are considered to drive the consumption of plant based proteins including pea, canola, soy, wheat, and others in the future.

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The pea protein market growth among other plant protein ingredients is expected to pace-up, owing to its strong nutritional content coupled with the increased use of the product by food manufacturers for texture enhancement and functionality improvement applications. Rising lactose intolerance in consumers, ample consumption of bakery foods, and increase in the production of non-GMO (genetically modified organisms) crops agricultural economies are some of the other supporting pea protein market trends.

The global pea protein ingredient market is classified on the basis of product type and application. Isolated, textured, and concentrated are the major product segments of the global pea protein ingredient market. The pea protein isolate market is likely to rise at the fastest growth rate during the forecast period. The isolated product type is characterized by rich protein content and balanced amino acid profile, owing to which they are highly incorporated as key ingredients in the processing of dietary supplements and beverages.

Consumption of pea protein concentrates is expected to increase pea protein market growth over the next few years mainly in Asia Pacific, owing to increasing consumer adoption of lifestyles that support overall wellbeing and weight management. Regional players such as Axys Nutrition Products Pvt. Ltd. offers Nutrova, a pea protein concentrate aimed at fitness and weight management. This product is made from gluten-free and lactose-free protein sources and is completely vegan.

The afore-mentioned pea protein market trends are expected to create opportunities for new players during the forecast period. However, product portfolio diversification of food ingredient giants such as Burcon NutraScience Corporation, Cosucra-Groupe Warcoing, and Roquette Frèrers are expected to intensify the rivalry in the pea protein ingredient market over the years ahead.

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Key segments of the global pea protein market trends study

Product Type Overview, 2015-2025 (Tons) (USD Thousand)

• Isolated
• Concentrated
• Textured

Application Overview, 2015-2025 (Tons) (USD Thousand)

• Meat Substitutes
• Dietary Supplements
• Bakery Foods
• Beverages
• Others

Regional Overview, 2015-2025 (Tons) (USD Thousand)

• North America
• S.
• Rest of North America
• Europe
• Germany
• UK
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• Central and South America
• Brazil
• Rest of Central and South America
• Middle East and Africa (MEA)

About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Phone No.: USA:  +1 (214) 884-6068 / +91 9665341414

The growth of bioreactors in Pharmaceutical Sector and technological advancements in bioreactors, and adoption of single-use bioreactors (SUBs) and hybrid bioreactors are the prime factors responsible for the growth of the bioreactor market currently.

Single-use and multi-use bioreactors are the key product segments of the market. Single use bioreactor market is likely to increase at the fastest growth rate during the forecast period. A single-use bioreactor typically contains a disposable bag in place of a culture vessel. These products utilize a sterilized cell chamber in which the cell culture is maintained. The cell chamber reduces the cross-contamination risks as it is used for single growth operation. Furthermore, the use of single-use bioreactors optimizes the sterilization, cleaning, validation, and maintenance procedures needed for each bioreactor run.

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The single use bioreactor market demand is expected to rise in pharmaceutical and R&D applications, owing to the key attributes of the product. High flexibility in terms of usage, less downtime, and controlled microbial contamination are some of the key attributes exhibited by the single-use bioreactors.

The global bioreactors market size is estimated to expand at nearly 16.0 % CAGR from 2018 to 2025. Asia Pacific is likely to showcase lucrative bioreactors market trends by 2025. The consumption of biopharmaceutical products is expected to showcase a prominent increase in the region over the next few years. As a result, the processes used for manufacturing these products are required to meet the market demand.

Over the recent years, a significant increase of the foreign investments in the Asia Pacific biopharma sector has been witnessed. Owing to rising development costs, lower earnings, and requirement for talent specializing in the biotech sector, these companies have strong hopes towards Asia. The region has a broad pharmaceutical production base, lower manufacturing costs and paced up clinical development operations. As a consequence, this is expected to boost the bioreactor market share of Asia Pacific by 2025.

North America is considered to be the largest and fastest-growing consumers of the product and has contributed in increasing the global bioreactors market size, over the recent years. The increase in healthcare expenditure, focus on R&D for new drug development, and rising demand for drugs that treat HIV/AIDS, and cancer is expected to augment the product demand in the region, thus supporting the recent bioreactors market trends especially in the U.S. and Canada.

Sartorius AG, Merck KGaA, and Thermo Fisher Scientific, Inc. captured over 40% of the global bioreactors market size in 2017. Multi-parallel bioreactors and single-use bioreactors are a few of the products offered by these players in the global market.

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Key segments of the global bioreactors market trends for non-food applications:

Product Overview, 2012-2025 (USD Million)

• Single-use
• Multi-use

Construction Material Overview, 2012-2025 (USD Million)

• Stainless steel
• Glass
• Others

Application Overview, 2012-2025 (USD Million)

• Biotechnology & pharmaceutical
• Contract Research Organizations (CROs)
• Others

Regional Overview, 2012-2025 (USD Million)

• North America
• S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• South Korea
• Japan
• India
• Rest of Asia Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• South Africa
• Rest of MEA

About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Phone No.: USA:  +1 (214) 884-6068 / +91 9665341414

The research study offers in-depth insights on the key factors influencing inulin market growth. According to the report, investment in new product development and introduction of novel inulin-based products remain the key strategies adopted in Inulin Market. Considering the growing fragmentation in the inulin market, and palpable preference towards premium brands, proliferation of high-quality products is highly likely in this landscape.

The global inulin market value is estimated to reach USD 2.03 billion by 2025 driven by the increasing demand for the product as a promoter of good intestinal health. Over the past few years, probiotics have emerged as a popular supplement with ample opportunity in the food & beverage segment.

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An increasing number of health-conscious consumers is supporting the penetration of inulin in the global prebiotics industry and is likely to display positive growth over the forecast period. Additionally, GRAS recognition from the US Food and Drug Administration (FDA) agency in June 2018 is likely to encourage consumers to opt for dietary fibers products, hence, increasing the driving the global inulin market share in various application.

In terms of region, Europe inulin market value exceeded USD 400 million in 2017 with corresponding demand at 165.5 kilo tons. Europe’s chicory root production accounts for a major market revenue share of nearly more than 80%, however, this percent share is likely to reduce over the foreseeable future owing to increase in production of chicory roots across other regions, such as South Africa, Asia Pacific, and Latin America.

Rising disposable income coupled with increased consumer spending on food and drinks that are beneficial to health is driving the inulin market growth in the Asia Pacific. Initially, China imported chicory roots from the Netherlands and introduced it to Chinese food additive producers. After investigating about its positive attributes, Chinese manufacturers started planting chicory roots on a large scale. Furthermore, Chinese consumers are shifting from processed food to naturally grown food, hence, contributing a healthy share within the global inulin market.

Indian inulin market is at a nascent stage as the Indian farmers possess less knowledge about the importance and marketability of chicory roots. Uttar Pradesh and Gujarat altogether account for nearly 95% of the chicory roots production in India. Even though the production of these upstream products of inulin is gaining momentum, consumption, and processing of this plant is the key factor hindering the growth of inulin as a product in the country.

Key players in the global inulin market consist of Cargill, Beneo-Orafati, Sensus, Tierra, Ciranda, Cosucra Groupe, Fenchem, Jarrow Formulas, Shandong Baolingbao Biotechnology, and Wuxi Cima Science.

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Key segments of the global inulin market

Application Overview, 2015-2025 (Kilo Tons) (USD Million)

• Food & beverage
• Dietary Supplements
• Pharmaceuticals
• Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

• North America
• S.
• Europe
• Germany
• UK
• Asia Pacific
• Indonesia
• China
• Central and South America
• Mexico
• Middle East and Africa
• Israel

About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Phone No.: USA:  +1 (214) 884-6068 / +91 9665341414

Previously in 2018, the global office chairs market size was valued at USD xx billion and estimated to project the rise of USD 20.19 billion in 2025, registering a CAGR of 8.3% during the forecast period. The growth results to the emphasizing office designs in a manner that can make the employees comfortable and provides strengths to improve work productivity. The global office chairs market is witnessing a rapid growth in order to offer an employee satisfaction which is also a primary office market trends.

The global office chairs market is segmented into several classifications including type, applications and region. Based on the type, the global office chair market trends is categorized into Leather Office Chair, PU Office Chair, Cloth Office Chair, Plastic Office Chair, Mesh Cloth Office Chair, and others. Furthermore, on the basis of applications, the global office chairs market is classified into Enterprise Procurement, Government Procurement, School Procurement, and Individual Procurement.

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The global office chairs market size was majorly dominated from enterprise procurements in 2017. The revenue generated in the global office chairs market was dominated by the large scale adoption in this sector, which constituted approximately 64.5% of the overall market. The rapid technology advancement and its adoption in the workplace has witnessed a radical transformation along with the manner in which employees interact with the available furniture. The emergence of innovative technology in office chair production has led to the integration of various factors such as the new moves and gestures while designing the technical furniture, the distribution within the room, and the chairs. The new developments in office chair designs which resolve functional issues arising out of new work habits have led to the rapid development of the ergonomic office chair market in enterprises.

The global office chair market trends are characterized by the advent growth of the ergonomic office chair market. Ergonomic chairs basically are office chairs which have seat depth, an adjustable seat height, and lumbar support. The offer advantages such as improved worker health, better work productivity, enhanced customizability, and reduced business costs. Ergonomics at workplaces is a paramount factor that can benefit firms by reducing employee absenteeism, increase employee engagement, demonstrate a firm’s commitment to safety, and thereby improve job satisfaction. All these factors combined, have ensured an escalated demand for the procurement of ergonomic office chair market.

On the basis of geographical segmentation, the global office chairs market revenue generation was the highest in North America at USD 4.13 billion in 2017. This region showcased the highest demand for office chairs, especially driving the ergonomic office chair market led by enterprise and school procurements in the US. The data collected from the Annual Survey of Entrepreneurs conducted by the Census Bureau showed a staggering 5.6 million employer firms present in the US in 2016. The presence of a large volume of multinational firms and medium and small scale corporate offices is the main driver, propelling the demand for office chairs in the North America region.

The global office chairs market is highly fragmented owing to the presence of a large number of global players. Companies including Steelcase Inc., Herman Miller, Inc., Haworth Inc., HNI Corporation, OKAMURA CORPORATION, Kimball Office, UE Furniture Co., Ltd., TOPSTAR GMBH, Bristol, UB Office Systems, PSI Seating Ltd. and Elite Office Furniture (UK) Ltd. among others have a broader presence within the global office chairs market.

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Key segments of the global office chairs market

Product Type Overview, 2015-2025 (USD Million)

• Cloth Office Chair
• Leather Office Chair
• PU Office Chair

Application Overview, 2015-2025 (USD Million)

• Enterprise Procurement
• Government Procurement
• School Procurement
• Individual Procurement

About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Send Us Email: sales@adroitmarketresearch.com

Phone No.: USA:  +1 (214) 884-6068 / +91 9665341414

The global animal feed additives market size is projected to be valued at USD 22.97 billion by 2025. This growth is primarily attributed to the rising per capita consumption of meat, milk, and eggs on account of changing consumer food behavior and this has provided an impetus to the increased feed production for the pig, broiler and dairy industries.

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Recent disease outbreaks in livestock animals such as swine flu, bird flu, and foot and mouth infections have surged the need for quality and safety of meat and meat products, thus, driving the need for specialty additives. Growing livestock breeding has generated a need for medical assistance and in turn drive the demand for nutritional feed additives such as amino acids, vitamins, and minerals during the forecast years. Also, rising pork production in developing countries such as China, Russia, Kenya, and others are witnessing a rebound in pig feed production and favorable governmental policies enhance domestic production and imports, thus, boosting the global animal feed additives market. The growing global demand for protein-rich diet is expected to significantly catapult the market growth.

In 2017, amino acids market in animal feed was valued at USD 5.64 billion growing with an above average CAGR from 2018 to 2025. As per NRC (National Research Council), U.S., amino acids improve the efficiency of protein utilization in animal feeding. Regulations and laws pertaining to ban excessive use of antibiotics as animal growth promoters in Europe have promoted to the usage of alternatives such as amino acids, acidifiers, enzymes, and antioxidants, thus enhancing the global animal feed additives market size. Excessive use of antibiotics in ruminant feeds affects human health as it leads to resistance against medicines in the gastrointestinal tract. Concerns regarding the ill-effects of antibiotic use as a growth promoter in Europe and North America has been counterbalanced by its improving demand among Asian and LATAM countries.

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Asia Pacific exhibits the highest growth potential in the global animal feed additives market, growing with a CAGR of 3.8% from 2018 to 2025. Increasing population, rapid urbanization & rising living standards, strong economic growth, especially in developing economies including China and India, has spurred the demand for meat products as an alternative to conventional meals. Growing awareness about the health, the increasing global population along with the benefits of feed additives are expected to provide an impetus to the global animal feed additives market size.

The global animal feed additives market is growing steadily and the industry leaders are adopting new product launches as their key growth strategy. Some of the key manufacturers accounting for a hefty market share are BASF SE, Cargill, Inc., and CHR Hansen A/S and are focusing over expanding their businesses and adopt latest technologies to enhance their penetration in the global animal feed additives market.

Key segments of the global animal feed additives market

Type Overview, 2015-2025 (Kilo Tons) (USD Million)

• Antibiotics
• Vitamins
• A
• E
• B
• C
• Others
• Antioxidants
• Amino acids
• Tryptophan
• Lysine
• Methionine
• Threonine
• Others
• Feed enzymes
• Phytase
• Non-Starch Polysaccharides & Others
• Feed Acidifiers
• Others (Trace Minerals, NPN and so on)

Livestock Overview, 2015-2025 (Kilo Tons) (USD Million)

• Pork/Swine
• Poultry
• Cattle
• Aquaculture
• Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

• North America
• S.
• Canada
• Europe
• France
• UK
• Germany
• Rest of Europe
• Asia Pacific
• India
• Japan
• China
• Rest of APAC
• Rest of World (RoW)

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About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Send Us Email: sales@adroitmarketresearch.com

The global caprylic acid market size is estimated to reach USD 3.11 million by 2025 driven by its antifungal and antimicrobial properties. Caprylic acid or octanoic acid is a natural fatty acid that helps to boost immunity against fungal or bacterial infections and in plummeting cholesterol level. Caprylic acid is also used as a pesticide in various commercial food grade industries to prevent unwanted microbial growth.

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Application of caprylic acid in infant formula has been one of the major drivers of the global caprylic acid market, however, post the renewal of the infant formula composition as per the 23(a) of standard 2.9.1 which states that the MCTs should not be used as these fats are not absorbed naturally in the breast milk. Thereafter, the amount of MCTs has been reduced to 0.002% (w/w) of the total fat content of infant formula. Caprylic acid is the major component of medium chain triglycerides (MCTs).

Coconut oil, palm kernel nuts, and Babassu palm are the major sources of C8 caprylic acid and other C12-C14 fatty acids across the globe. Plants oil market itself is a more than USD 200 billion market with coconut oil accounting more than USD 5 billion and palm kernel oil accounting for more than around USD 9 billion at present.

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Caprylic acid is the eight-carbon saturated fatty acid and is known commonly as octanoic acid or C8 caprylic acid. Caprylic acid is least soluble in water and is majorly used in the production of esters. It is used in the manufacturing of neopolyolesters (NPE) and polyethylene/propylene glycol (PEG/PG) esters. Largely established market for caprylic acid includes lubricants, emulsifiers, thickeners, resin plasticizer, viscosity control, wetting agent, and emollients.

Caprylic acid’s use in natural feed additive is found to be an effective way of killing pathogens and bacteria. Use of caprylic acid in feed additives is likely to decrease the contamination of poultry products, especially in aged broiler chickens.

North America accounted for a major market revenue share in the global caprylic industry. Presence of huge commercialized ester market and key players and partners, such as Solazyme, Mitsui, Unilever, and AkzoNobel is the key factor driving the caprylic acid market growth in this region. The Europe caprylic acid market growth is mainly driven by consumer products companies, such as Unilever and Henkel.

Asia Pacific is another huge market for caprylic acid with more than 50% of the global oleochemicals production in terms of production of coconut and palm kernel nuts dwelling in Asia, for instance, Indonesia and Malaysia. Below are the top 10 countries that account for 96% of the global coconut production. Indonesia holds the major market revenue share of 33% followed by Philippines and India accounting for 27% and 21%, respectively.

Key players present in this market include TerraVia Holdings, Oleon, Arizona Chemicals, Wilmar BioEthanol, and Spectrum Chemical Manufacturing Corp. TerraVia Holdings is likely to lead the global caprylic and oleochemical industry in terms of joint ventures and agreements that include global leaders in chemical and sugar industry, such as Dow, AkzoNobel, and Mitsui.

Key segments of the global caprylic acid market

Application Overview, 2015-2025 (USD Thousand) (Tons)

• Personal care
• Pharmaceutical
• Food & beverage
• Others

Regional Overview, 2015-2025 (USD Thousand) (Tons)

• North America
• S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Central and South America
• Brazil
• Middle East and Africa

Make an Inquiry for purchasing this report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/708

About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas, 

TX75204, U.S.A.

Send Us Email: sales@adroitmarketresearch.com

The global bioreactors market size crossed USD 1.70 billion in 2017. Rising investment in biotechnology & pharmaceutical sector and significant demand for stainless steel as a choice of the reactor construction material are some of the key driving bioreactors market trends. North America and Europe accounted for a significant bioreactor market share among other regions in 2017, owing to high product utilization in pharmaceutical, biotechnology and research & development.

The global bioreactors market size is estimated to expand at nearly 16.0 % CAGR from 2018 to 2025. The segmentation of global bioreactors industry is based on different types, product, scale, material, control type, application, end-user and geography. Different single-use bioreactors includes filtration assemblies, media bags and single use bioreactor systems. The single use bioreactor systems is expected to pick the pace in the coming next years. Media bags help forming attractive product segment which is projected to generate positive global bioreactors market share.

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In the contemporary scenario, adoption of single-use technologies, increasing biologics and use of single-use and stainless steel kind of hybrid technologies is expected to fuel the bioreactors market growth. Biopharmaceuticals have wide range of applications, beginning with production of biopharmaceutical to applications in tissue engineering. Besides that, bioreactors offer controllable environment, in terms of nutrient supply, pH temperature and shear stress for any cellular constructs incorporated into them. All these factors effectively enlarge global bioreactors market size. The consumption of biopharmaceutical products is expected to showcase a prominent increase in the region over the next few years. As a result, the processes used for manufacturing these products are required to meet the market demand.

The end-uses or applications that have supported strong bioreactors market trends include contract research organizations (CROs), biotechnology & pharmaceutical, and others. Contract research organizations (CROs) are a key constituent of the drug development process, providing a range of services to pharmaceutical, biotechnology, and medical device companies, as well as governments, academic institutions, and other research entities.

Single-use bioreactors are extensively used in CROs. CROs typically handle different products on account of which it is economical to use disposable bags in place of a stainless-steel vessel. The growing number of CROs is expected to augment the growth of the single use bioreactor market industry over the next few years.

U.S. was the largest market for biopharmaceuticals in North America. A large number of pipelines within the healthcare sector is expected to give rise to a large number of clinical trials which is likely to boost the global bioreactors market size by 2025. In addition, increasing trends of outsourcing by biopharma companies to CROs is expected to enhance the bioreactors market trends in the country, over the years ahead. North America and Europe are anticipated to portray strong bioreactors market trends during the forecast period.

Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa are the most prominent regions for global bioreactors market. Europe ranked highest of global bioreactors market share. Europe government’s supporting policies catalyze biopharmaceutical companies to come up with some novel therapies in biologics, tuning the higher application of single-use bioreactors in cell culture-based manufacturing. 

On the basis of material, the segmentation has two categories, glass and stainless steel. While in the basis of application, the categories include pilot-scale production, full-scale production and lab-scale production. In terms of scale, the market has wide range which includes 5L-20L, 20L-200L, 200L-1,500L, and above 1,500L. On the basis of control type, the market is bifurcated into automated and manual. On the basis of end-user, the market has categories which is inclusive of contract research organizations & manufacturers, biopharmaceutical manufacturers and life science R&D companies & academic research institutes

Prominent global bioreactors market players are Thermo Fisher Scientific, Inc. (U.S.), Sartorius AG (Germany), GE Healthcare (A subsidiary of General Electric Company) (U.S.), Merck KGaA (Germany), Eppendorf AG (Germany) and Danaher Corporation (U.S). Other major engineering, Procurement and Construction (EPC) players Fluor Corporation (U.S.), M+W Group (Germany), Technip S.A. (France), Amec Foster Wheeler plc (U.K.), Jacobs Engineering Group Inc. (U.S.) and PM Group (Ireland)

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Key segments of the global bioreactors market trends for non-food applications: 

Product Overview, 2012-2025 (USD Million) 

• Single-use
• Multi-use

Construction Material Overview, 2012-2025 (USD Million) 

• Stainless steel
• Glass
• Others

Application Overview, 2012-2025 (USD Million) 

• Biotechnology & pharmaceutical
• Contract Research Organizations (CROs)
• Others

Regional Overview, 2012-2025 (USD Million) 

• North America
• S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• South Korea
• Japan
• India
• Rest of Asia Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• South Africa
• Rest of MEA

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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The global Professional Liability Insurance market size accounted at xxxx million USD in past year, is anticipated to grow at a CAGR of xx% over the forecast period and reach to xxxxx million USD. Professional Liability insurance is a form of liability insurance that enables safeguarding professional advice as well as service-providing individuals & companies from bearing entire defending cost against the negligence complain made by client plus compensations given in such a civil lawsuit. In addition, professional liability insurance can be segmented by different types (profession), application and geography.

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Further, the product type segment is bifurcated as Medical Liability Insurance, Lawyer Liability Insurance and Other Liability Insurance. Medical Liability Insurance valued at US$ xx billion, acquires the largest chunk of the Professional Liability Insurance market across the globe, followed by Lawyer Liability Insurance valued at US$ xx billion as well as US$ xx billion to professionals in all other segments combined.

The markets in developing economies is expected to grow at faster pace as compared to developed economies. However, growth would also depend upon the degree at which competition among underwriters exists and also on upcoming claims in each region. Geographical segmentation of the global Professional Liability Insurance market focusses on several key regions including North America, Europe, Latin America, Asia-Pacific and Middle East & Africa. Asia-Pacific region is expected to conquer the maximum Professional Liability Insurance market share in upcoming years.

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The competitive landscape of the global Professional Liability Insurance market consists of several prominent players prevailing in the market plus several new entrants. Some of the key players in the market include Chubb (ACE), Hiscox, Tokio Marine Holdings, Allianz, AXA, Medical Protective, Assicurazioni Generali, Marsh & McLennan, Doctors Company, Munich Re, Zurich, Aviva and Sompo Japan Nipponkoa.

Furthermore, Global Professional Liability Insurance market has been segmented by different application, product types and regions. Further, these segments are bifurcated to sub segments.

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By Application:

• Up to $1 Million
• $1 Million to $5 Million
• $5 Million to $20 Million
• Over $20 Million

By Product Type:

• Medical Liability Insurance
• Lawyer Liability Insurance
• Other Liability Insurance
• 

Geographical Segmentation:

• North America (United States, Canada and Mexico)
• Latin America (Brazil, Argentina, Colombia)
• Europe (Germany, France, UK, Russia and Italy)
• Asia pacific (China, Japan, Korea, India and Southeast Asia)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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The global agricultural biotechnology market is rapidly growing, due to the increasing demand for transgenic crops across the globe. It was valued at $ xx billion in the year 2017. It is expected to reach an estimate of $ xx billion by the year 2025, growing at a significant compound annual growth rate of xx%, throughout the forecast period.

The use of biotechnological sciences is prevalent in many sectors. The agricultural biotechnology market can be categorized into two main segments: transgenic seeds and crop protection techniques. The application of biotechnology in the agricultural field helps in developing plants, animals and other living beings, by modifying them genetically, which can increase the productivity of crops (transgenic or genetically modified). It can also protect crops from destructive diseases. It is an innovative technology which has proven to be cost effective for the production of crops. With the rising population across the world, clearly there’s a requirement for more food production, which is mostly dependent on farming. There is a gap between the demand of food grains and their supply. This method of crop production results in more varieties of crops, with a higher yield, which is high in nutritional value and resistant to pests, giving a longer shelf life to the products. Some of the major crops being produced by genetic modification are soybean, corn, and potato. Apart from food consumption, this technology is also used to meet the demand for biofuels. Seed manufacturing companies like Monsanto (US), DuPont (US), Sakata (Japan) etc. are major producers of corn, which is used as biofuel and in the production of bio-plastic. The rising per capita income and decreasing area of cultivatable land are other factors promoting the growth of the global agricultural biotechnology industry.

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North America dominated the production of genetically modified crops in 2015. There is more awareness and acceptance of this kind of crop production in American countries, along with supportive governmental laws and regulations. Major production companies are based in this region, which are heavily investing in the research and development of agricultural biotechnology. North America is expected to maintain its dominance throughout the forecast period and drive this market towards further growth. The Asia Pacific region is also witnessing a tremendous growth in the agricultural biotechnology market due to its rising population, and the demand for food and biotechnology based products. This region is rapidly adapting modern techniques for farming. Genetically modified golden, pest resistant biotech wheat, and insect resistant biotech mustard are some of the crops that are being mass produced for consumption in this region. However, the European market is hesitant to the production of genetically modified crops. The European Union has developed and implemented a complex policy framework, since the 1990s, which has slowed down and limited the research and development of genetically modified crops. These regulations are likely to hinder the growth of the global agricultural biotechnology market in this region.

Syngenta AG, Monsanto, DuPont, Performance Plants Inc., Global Bio-Chem Technology Group, and ADAMA Agricultural Solutions are some of the key players in this industry.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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In the U.S. marketplace, consumers are focusing more on taking care of pets and providing the needful things to avoid any major illness and injury. Looping into the environment and lifestyle of consumer U.S. holds an increasing demand of pet, however, the consumer is keeping an eye on the benefits of pet insurance plans.

According to the pet insurance market statistics, previously in 2018, the global pet insurance market size is valued at USD xx million and estimated to project the value of USD xx million in 2025 with a CAGR of xx% during the forecast period.

Rise in maximum number of companion animals, increase in awareness about pet insurance, and growth in pet ownership propels the growth of the pet insurance market share. However, high cost of pet insurance policies, government regulation, and lack of awareness among consumers limits the growth of the market. Market with an extremely low penetration rates is expected to provide several opportunities for the global pet insurance market.

Geographically, Europe is accounted as one of a leading position in the global pet insurance market due to high rate of penetration of pet insurance, improved facilities, and aware pet owners in the region. Australian pet insurance industry demands the high growth rate in the market.

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The pet insurance market is dominated by key players such as Petplan Limited, Trupanion, Inc., Nationwide Mutual Insurance Company., Hartville Group Inc., Pethealth Inc., PetFirst Healthcare LLC, Royal & Sun Alliance Insurance Company of Canada, Inc., Embrace Pet Insurance Agency, LLC, Direct Line Insurance Group plc, and Petsecure.

The pet insurance market analysis is segmented on the basis of end user, region, and policy type. On the basis of end user segment, the market is categorized by dog, cat, horse, exotic pet, and others. Based on policy type, the market is classified into Lifetime Cover, and Non-Lifetime cover. Based on the region, it is analyzed across North America, Asia-Pacific, Europe, and LAMEA.

Pet insurance is to cover the unforeseen veterinary care costs, including surgical procedures, accidental injuries, and prescribed veterinary medicines. Pet insurance industry analysis also holds the services of heartworm testing, spaying/neutering, and vaccinations. The coverage provided by pet insurance are treatment, diagnostic tests, and surgeries.

Key Segments of the Global Pet Insurance Market 2018-2025:

By End User

• Dog
• Cat
• Horse
• Exotic Pet
• Others

By Policy Type

• Lifetime Cover
  • Illness Cover
  • Accident Cover
• Non-Lifetime Cover
  • Illness Cover
  • Accident Cover

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• LAMEA
  • Latin America
  • Middle East

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

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Account Manager Global

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The global phosphoric acid market size was valued at $xx Million in 2017. It is anticipated to expand up to $xx Million rising with a substantial CAGR of xx% during the forecast period. The factors that drives the growth of global phosphoric acid market is various subsidies of government on fertilizers and increasing demand of phosphoric acid for the formation of phosphate fertilizers. As there is increase in population, there will be rise in demand for food, which will also increase demand for fertilizers. Although, phosphoric acid harmfully affects human body and environment which may hinder the growth of phosphoric acid industry.

In terms of consumption value and production, phosphoric acid is largest which is following sulphuric acid on the basis of volume. As phosphoric acid is a chemical reagent, it acts as inhibitor of rust, flux, dispersing agent, feedstock for fertilizer, home cleaning product and orthopedic and dental etchant. The main applications of phosphoric acid are acts as phosphate fertilizer, produce animal food & beverages and surface healing of metals. The drivers that upsurge the phosphoric acid market growth over the forecast period is rise in demand for applications of phosphoric acid from end-user industries.

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Phosphoric acid market trends are attracting the phosphoric acid market towards the organic phosphate fertilizers. Organic phosphate fertilizers avoid the production of products that use chemicals during the manufacturing. Organic phosphate fertilizers act as soil conditioners, helps in maintaining the quality and health of soil by maintaining the organic content of soil.

Global phosphoric acid industry is segmented on the basis of application and region. On the basis of application, phosphoric acid market is divided into animal feed, food additives, fertilizers and many more. Fertilizers are sub-divided into monoammonium phosphate (MAP), diammonium phosphate (DAP), trisodium phosphate (TSP) and many more. Fertilizers is the dominating the phosphoric acid industry.

Geographically, regions in the global phosphoric acid market analysis are Europe, North America, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific is dominating the phosphoric acid market. Asia Pacific is the region which uses phosphoric acid for the manufacture of several products such as food additives, fertilizers, chemicals and is increasing amongst the regions like India and China. Latin America and Middle East & Africa are the regions which are expected to rapidly increase the phosphoric acid market outlook in the coming years. Strong agricultural conditions in Asian countries create demand for phosphoric acid in Asia Pacific region.

Key Segments in the “Global Phosphoric Acid Market” are-

By Application market is segmented into:

• Animal Feed
• Food Additives
• Fertilizers

• Monoammonium Phosphate (MAP)
• Diammonium Phosphate (DAP)
• Trisodium Phosphate (TSP)

By Regions market is segmented into:

• Europe
• North America
• Asia Pacific
• Latin America
• Middle East & Africa

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About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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The global Polysulfide Rubber market will reach USD xxx Million in 2018 and with a CAGR if xx% during the forecast period. Polysulfide rubber (PSR) is one of the first synthetic rubber, which is the product of polycondensation of dihalides of aliphatic compounds such as ethylene dichloride or propyl dichloride with the polysulfide of alkali metals. Polysulfide rubber is generally produced in solid form, liquid form, and aqueous dispersion and at times also produced in the lattice form.

An American chemist, Joseph Cecil Patrick discovered Polysulfide rubber in 1926 while he was attempting to get ethylene glycol for use as an antifreeze agent. This rubber was marketed under the trade name Thiokol. It is very soft, stretchy and long lasting and good for making molds with simple and fine detail. The Polysulfide rubber is not characterized by sulfur hence they are popular for casting wax and gypsum plasters. Polysulfide Rubber offers high resistance to swelling in solvents, oils and fuels and sunlight along with offering gas and moisture impermeability and remains stable during storage.

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Polysulfide rubber industry can be segmented on the basis of application, form and region. Based on Polysulfide rubber industry application can be segmented into packaging, marine, aircrafts, insulated glass, construction and many others. The above industries use PSR as a sealant and as an adhesive in solid fuel of rocket. On the basis of form, PSR is segmented as solid form and liquid form. In liquid form, it is 100% polymers, pure and unaffected with use of solvents or diluents. In terms of region, the Polysulfide rubber industry is divided into North America, Asia Pacific, Europe, Latin America and Middle East and Africa. North America is leading country in demand of the PSR and in terms of consumption, US is the leader. Europe is the second most country in demand of PSR due to high demand for the rubber in paints and coatings in the automotive industry. Asia Pacific region is growing in demand for PSR due to its development in construction and growing investment in infrastructure management. This phenomena can be seen in countries of India, China and Japan. Similarly the demand for PSR is increasing in Latin America due to the fast growth in construction industry in Brazil, Argentina and Colombia.

Key players operating in the global polysulfide rubber market include AkzoNobel, China Haohua Chemical, Toray, Kazan Synthetic Rubber Plant, Smooth-On, Inc., Lanxess, and JRICI and many others.

Segments:

The various segments of Polysulfide Rubber Market are,

Form:

• Liquid Form
• Solid Form

Applications:

• Packaging
• Marine
• Aircrafts
• Insulated glass
• Construction

Regions:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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The global enhanced oil recovery market size was valued at $xx million in 2017 and is projected to reach $xx million with CAGR of xx% during the forecast period. Increasing amount of matured wells and diminishing oil reserves are the factors driving the growth of the global enhanced oil recovery market.

Increasing demand for oil and decreasing rates of production of oil in wells is resulting in development of innovative technologies for the extraction of hydrocarbons from reservoirs. Enhanced oil recovery is one of the technologies that has been important to the industry over the past years. Huge investment in R&D activities and rising number of matured wells for the development of new technology by several market players for improving the enhanced oil recovery process are projected to increase the growth of the global enhanced oil recovery industry.

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Initiatives by Government towards oil recovery technology integrated with advantages to the environment will increase the enhanced oil recovery market share. National Enhanced Oil Recovery Initiative launched by the U.S. is scaling up the production of crude across the country and emission of CO2 is reduced through the prolonged use of technology.

There are some governments that have the ability to boost the significant growth of revenue. In Texas, enhanced oil recovery accounts for approximately 30% of oil production, it is anticipated that the advantages of EOR production will help in addition of revenue by $300 Billion and will help in creating a million jobs.

The major trend that will help in propelling the enhanced oil recovery industry is the development of enhanced oil recovery technology.  As the environment is getting contaminated the main challenge occurring for operations of enhanced oil recovery is research and development activities carried out for the usage of organic compounds. Polymer-based methods for enhanced oil recovery increase the rates of oil recovery and is environment-friendly because of its organic nature, the industry will experience an increase in the usage of oil recovery in the coming years. 

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Manufacturers involved in the development of enhanced oil recovery industry are Praxair Technology Inc., China Petroleum & Chemical Corporation, Chevron Philips Chemical Company, ExxonMobil Corporation, British Petroleum, Schlumberger Ltd and many more.

North America is expected to show a significant growth in the coming years. The region of North America is under the development of unconventional energy. Expanding gas & oil industry and rapid industrialization in Asia is estimated to drive the growth of the enhanced oil recovery market. In the Middle East & Africa, raising concerns regarding temperature operating conditions, wellbore stability and well blowout are projected to fuel the demand for oilfield services. These factors are driving the demand for oilfield services during the forecast period.

About Adroit Market Research:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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The global geosynthetic market was valued at $ xx billion in 2017. Owing to the rising demand of infrastructure, the geosynthetic industry is expected to grow at a significant compound annual growth rate of xx% during the forecast period and reach an estimated value of $ xx billion by the year 2025.

Geotextile is extensively used in the construction industry, and accounts for the largest product share, more than 35% in the geosynthetic market. It is expected to grow substantially during the forecast period. It is closely followed by geomembrane, and geogrid. Geosynthetic is a product that is manufactured by using a polymeric material, and it is most commonly used to stabilize terrain. It offers numerous applications in engineering, like transportation, hydraulic, civil, foundation, soil mechanics, etc., along with private applications like roads, railroads, airfield, dams, canals, reservoirs, landfills, mining, agriculture, erosion control, and other structures. The geosynthetic market can be classified into geotextiles, geomembranes, geogrid, geosynthetic clay liner, geocomposite, and geonet.

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The demand for improved roads, highways, and railway networks is increasing, and this has given opportunities to vendors. It is used on pavements and roads, because it is superior in quality, porous, flexible, erosion resistant, compatible, permeable, and tensile. It is increasingly being used in mining activities because it can withstand high ranges of temperature. It is often used to contain liquids in mining sites, like treatment ponds, waste (solid or liquid) storage, drainage passage, and it is also used to retain chemical solutions. The geosynthetic market is a great example of how technology has been transferred internationally. With a need for sustainable development, and increasing awareness amongst the customers about what is safe for the environment and their own health, the geosynthetic industry has spread its roots across the globe, offering a world class technology to the developing countries. Many leading distributors and manufacturers have expanded globally for the supply of this product, making it cost effective. Moreover, it is environment friendly.

The Asia Pacific region is the dominant market in the global geosynthetic industry. The government of China has heavily invested in several road and transportation projects. There are various housing projects as well as smart city projects in India, which are about to drive the growth of the geosynthetic market furthermore. The Asia Pacific region is expected to grow significantly during the forecast period. The North American region is the second largest market in this industry, with the USA accounting for more than 15% of the global demand, according to a research conducted in 2014. The market is expected to grow in this region, due to several construction projects mandated by the governmental organizations of various countries. The growing infrastructure need, along with an increasing concern about preserving the environment is expected to boost the growth of geosynthetic products during the forecast period.

Some of the major competitors in this industry are Low & Bonar PLC, AGRU America Inc., GSE Environmental Inc., ADS Inc. etc.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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The Global Decorative Paints and Coatings market has undergone a drastic change in the past few decades, however still it has managed to maintain a moderately optimistic growth. Moreover, decorative paints and coatings market size is expected to maintain the average CAGR of xx% and reach xxxx million $ mounting from xxxx million $ over the forecast period. The rising consumption of nanocoating is the current trend acquiring the decorative paints and coatings market momentum. In addition, using ingredients, like nanoparticles, in water-based decorative paints and coatings, is an innovative concept driving the market all across the globe.

Moreover, various manufacturers are motivated to use water-soluble decorative paints and coatings as these are green trends enhancing economic development. Thus, the intensifying awareness among the populous for using eco-friendly products is fueling the growth of the market. Water-based paint and coatings offer durability, dries quickly, emits lesser volatile organic compounds (VOC) as well as have less stench.

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Demographic segmentation of global decorative paints and coatings market is led by Asia-Pacific region with a substantial share because it has a number of developing economies including China, Vietnam, India as well as Bangladesh, as these areas are investing under new building constructions. Since, decorative paints go along with constructions and renovations of new houses and industries, thus developing economies will have higher growth opportunities for the market.

Regardless of funding gaps in certain regions like Indonesia, Vietnam & Philippines the nonresidential construction business is predictable to record a notable growth at a faster pace on account of the government ventures for instance sea ports, power & transport. Further, Asia Pacific is closely followed by the Latin America, where Mexico, Brazil, Argentina among others impel the demand for decorative paints and coatings in both the residential as well as the non-residential or commercial housing segments.

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Besides, there are several initiatives taken by certain prominent players towards development, for instance:

• AkzoNobel stated their plans to separate the specialty chemicals business from paints and coatings and sell it to an affiliate of the AkzoNobel Group for more than 300 crore in November 2017. The intention of the company behind this separation was to create two focused as well as different businesses.
• Sherwin Williams, a global leader in paints and coating manufacturing, sale, development and distribution acquired the Valspar, also one of the prominent market participant. The process was completed under the terms of merger agreement in June 2017.

The global decorative paints & coatings market is majorly ruled by ten key participants, acquiring more than 80% of the total market share. In addition, prominent players operating in the market across the globe include The Sherwin-Williams Company, AkzoNobel, PPG Industries, Kansai Nerolac Paints, Asian Paints, Arkema, Benjamin Moore, BASF, Berger Paints, Masco Corporation, DowDuPont, DuluxGroup, DAW SE, NIPPON PAINT, Cromology. Furthermore, some other players include Dunn-Edwards, Nuplex Industries, Ring International, NOROO Paint & Coatings and Tikkurila.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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