Wednesday 30 September 2015

Insulation Market Forecast, Trends To 2020: Grand View Research, Inc.



The global insulation market is expected to reach USD 67.16 billion by 2020, according to a new report by Grand View Research, Inc. Growing consumer awareness regarding energy conservation is expected to remain a key driving factor for global insulation market. Favorable regulatory scenario in most parts of the world is also expected to have a positive influence on market growth. In addition, increasing infrastructure spending in emerging markets of Asia Pacific and Latin America is also expected to spur growth over the next five years. Volatile prices of key raw materials are expected to remain a key challenge for the market participants.
Further key findings from the report suggest:
  • Global insulation market was valued at USD 37.94 billion in 2013 and is expected to grow at a CAGR of 8.5% from 2014 to 2020
  • Residential construction was the leading application segment and accounted for over 50% of the total market revenue in 2013. Growing awareness regarding energy conservation related to thermal insulation is expected to drive segment growth over the forecast period.
  • Asia Pacific was the leading regional market and accounted for over 40% of global revenue in 2013. Increasing construction spending, particularly in China, India, and Indonesia, is expected to support regional growth over the forecast period.
  • The industry is highly fragmented with the top four participants Rockwool, Saint-Gobain, Johns Manville, and Knauf and accounted for over 25% of the overall revenue in 2013. In August 2014, Knauf Gips KG acquired Guardian Insulation. The transaction includes Guardian Fiberglass and Guardian Laminated Building Products. Guardian Fiberglass would be incorporated with Knauf Insulation, while Guardian Laminated Building Products would become Sivercote LLC.
Grand View Research has segmented the insulation market on the basis of product, application and region:
Product Outlook (Revenue, USD Million, 2012 - 2020)
  • Fiberglass
  • Foamed plastic
  • Mineral wool
  • Others
Application Outlook (Revenue, USD Million, 2012 - 2020)
  • Residential construction
  • Industrial, HVAC, and OEM
  • Non-residential construction
Regional Outlook (Revenue, USD Million, 2012 - 2020)
  • North America
  • Europe
  • Asia Pacific
  • RoW
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Tuesday 29 September 2015

Metal Matrix Composite Market Size, Segmentation To 2022: Grand View Research, Inc.



The global metal matrix composite market is expected to reach USD 433.3 million by 2022, according to a new report by Grand View Research, Inc. Increasing need for high-performance composite metals from automotive, aerospace, and marine industries is expected to fuel the product demand over the forecast period. High malleability, ductility, and tensile strength offered by metal composites make them popular in various application segments including automotive, electronics, and aerospace industries.
Increasing need for automotive curb weight reduction to increase fuel-efficiency and reduce pollution is expected to augment composite metal usage in automotive production. Increasing disposable income is expected to fuel high-performance automobile demand over next seven years. High manufacturing costs for metal composites along with limited technological expertise are expected to pose a challenge for market growth over the forecast period.
Further key findings from the study suggest:
  • Global metal matrix composites market was 6,174.0 kilo tons in 2014 and is expected to grow at a CAGR of 6.3% from 2015 to 2022
  • Aluminum accounted for 36.4% of the total MMC demand in 2014 and was followed by refractory metals
  • Refractory matrix metals are expected to be the fastest growing product segment over the forecast period
  • Ground transport was the leading application segment in 2014 and is expected to grow at an estimated CAGR of 6.1% from 2015 to 2022
  • Electronics/thermal management is expected to be the fastest growing application segment for MMC.
  • North America dominated the overall MMC market and accounted for 34.8% of total market volume in 2013. Asia Pacific is expected to be the fastest growing market growing at an estimated CAGR of 7.0% from 2015 to 2022.
  • MMC market is moderately concentrated with few multinational players with top five companies accounting for over 65% of the total market share
  • Major players operating in the global MMC market include Materion Corporation, Plansee SE, 3M, Sumitomo Electric Industries, Ltd., Sandvik AB, CPS Technologies Corporation, Deutsche Edelstahlwerke GmbH, 3A Composites International AG, GKN PLC, and Hitachi Metals, Ltd.
Grand View Research has segmented the metal matrix composite market on the basis of product, end-use and region:
Global Metal Matrix Composite Market Product Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)
  • Aluminum
  • Nickel
  • Refractory
  • Others
Global Metal Matrix Composite Market End-Use Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)
  • Ground Transportation
  • Electronics/Thermal Management
  • Aerospace
  • Others
Global Metal Matrix Composite Market Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Monday 28 September 2015

Glass Packaging Market Research Report To 2020: Grand View Research, Inc.



The global market for Glass Packaging is expected to reach USD 68.4 billion by 2020, according to a new study by Grand View Research, Inc. Growing beer consumption, especially in parts of Eastern Europe and Asia Pacific is expected to be a key driver for the growth of the market over the next five years. In addition, the increasing preference towards use of glass in packaging of food and beverage, pharmaceuticals and cosmetics is further expected to boost the market in the near future.

Alcoholic Beverages were the largest consumers of glass packaging and consumed over 25,000 kilo tons of glass in 2013. Beer is expected to witness fastest growth at an estimated CAGR of 4.2% from 2014 to 2020. Pharmaceuticals along with food and beverage were the other large application segments for glass packaging and are expected to witness substantial growth over the next five years. However, the substitution of glass by plastic as a medium of packaging is expected to be a key restraint for the growth of the market.
Further Key findings from the study suggest:
  • Global glass packaging market volume was estimated to be 47,000 kilo tons in 2013 and is expected to reach 60,846.5 kilo tons by 2020, growing at a CAGR of 4% from 2014 to 2020.
  • Asia Pacific is expected to maintain leadership position in the market, and is estimated to account for close to 38% of the global glass packaging demand by 2020. Europe, which is the second largest market, is expected to play a key role in boosting the demand for glass packaging owing to the increased beer consumption from countries of Eastern Europe.
  • Asia Pacific is also expected to be the fastest growing regional market over the next six years, growing at an estimated CAGR of 4.2% in terms of volume from 2014 to 2020.
  • The global glass packaging market is highly fragmented, with a couple of companies having significant share of the market, in comparison to numerous companies catering to the local markets. OI or Owens Illinois Inc and Saint Gobain are the key players in the glass packaging market catering to majority of the application segments. Other key companies in the market include Ardagh, Vidrala and Vetropack among.
For the purpose of this study, Grand View Research has segmented the global Glass Packaging market on the basis of application and region:
Glass Packaging Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • Beer
            • Food and Beverage
            • Pharmaceuticals
            • Alcoholic Beverages
            • Others
Glass Packaging Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Tuesday 22 September 2015

Filters Market Hits $ USD 88.19 Billion By 2020: Grand View Research, Inc.



The Global Filters Market is expected to reach USD 88.19 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer awareness on account of rising environmental concerns is expected to remain a key driving factor for the global market. In addition, favorable regulatory scenario coupled with increasing demand for automobile and consumer goods is also expected to have a positive influence on market growth. Credible threat from substitute products and unstable raw material supply are expected to be key challenges for market participants.
ICE (Internal Combustion Engine) filters was the largest product segment and accounted for 44.7% of total market revenue in 2013. Positive outlook on the automobile industry, especially in high growth markets of China, India and Brazil is expected to drive ICE filter demand. Fluid filters are expected to be the fastest growing product, at an estimated CAGR of 7.3% from 2014 to 2020. Regulatory focus on providing purified drinking water is expected to drive the demand for fluid filters over the next six years.
Further key findings from the study suggest:
  • Motor vehicles emerged as the leading application segment and accounted for over 51.5% of the total market revenue in 2013. Increasing automotive demand coupled with stringent regulations to cut down vehicular emissions is expected to drive demand. Consumer goods are expected to be the fastest growing application segment, at an estimated CAGR of 8.3% from 2014 to 2020. Growing consumer awareness regarding benefits offered by using purified water is expected to fuel demand for filters in this segment.
  • Asia Pacific continued its dominance in the global market and accounted for 37.8% of total market revenue in 2013. China, being the largest global automobile manufacturer, is also the largest consumer for filters followed by India. Asia Pacific is also expected to be the fastest growing regional market for the filters, at an estimated CAGR of 7.9% from 2014 to 2020.
  • Key market participants include Affinia Group Intermediate Holdings, ACDelco, Caterpillar Incorporated, DENSO Corporation, Johnson Matthey plc, Parker-Hannifin Corporation, BRITA GmbH, Procter & Gamble Company, Pall Corporation, Clarcor Incorporated, MANN+HUMMEL Gmbh, Visteon Corporation, Cummins and Donaldson Company.
For the purpose of this study, Grand View Research has segmented the filters market on the basis of product, application and region:
Global Filters Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Fluid
            • IC Engine
            • Air
Global Filters Application Outlook (Revenue, USD Million, 2012 - 2020)
            • Motor Vehicle
            • Consumer Applications
            • Utilities
            • Industrial & Manufacturing
            • Others
Global Filters Regional Outlook (Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research