Scratch Resistant Glass Market Size Worth $8.17 Billion By 2025

The global scratch resistant glass market size is expected to reach USD 8.17 billion by 2025, according to a new report by Grand View Research, Inc. The growing sales for premium smartphones coupled with growing concerns regarding screen strength is expected to drive market growth.

The demand for scratch resistant glass is the highest LCD/LED manufacturing. The growing demand for sapphire glass and gorilla glass in display applications is expected to drive market growth over the forecast period. The introduction of new display devices with high resolution and increased screen size is boosting the application of scratch resistant glass as these products require glass equipped with anti-cracking properties.

North America accounted for the maximum market share owing to rise in startups involved in the manufacturing of sustainable lighting solutions and connected devices under the Internet of things (IoT) product category. The growing demand for OLED’s and wearables is expected to further augment the consumption of scratch resistant glass over the forecast period. Asia Pacific market is expected to grow rapidly over the forecast period owing to rising demand for budget smartphones.

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http://www.grandviewresearch.com/industry-analysis/scratch-resistant-glass-market

Further key findings from the report suggest:

  • Smartphone application segment is anticipated to grow at a CAGR of 10.8% from 2017 to 2025 owing to increasing demand for smartphones with high screen toughness.
  • Automotive application segment is projected to grow at a CAGR of 9.9% from 2017 to 2025 owing to research on in car infotainment and improving the passenger safety.
  • Asia Pacific scratch resistant glass market share is expected to reach over 30% in 2025 owing to rise in local demand backed by growing smartphone manufacturing activity in the region.
  • Middle East & Africa is projected to grow at a CAGR of 8.1% from 2017 to 2025 owing to growing demand for smartphones and LED lighting solutions.
  • The market players are engaged in research on developing technologies for the manufacturing of products at an affordable price as consumers still prefer screen protector films.

Ballistic composites Market Worth $2.18 Billion By 2025

The global ballistic composites market size is expected to reach USD 2.18 billion by 2025, expanding at a CAGR of 6.8%, according to a new report by Grand View Research, Inc. Unstable geopolitical relations, increasing cross-border tensions have forced nations to strengthen their defense units. Providing lightweight, efficient and advanced combat equipment has been on top priorities of most of the developed as well as developing countries. This has triggered the use of ballistic composites over the past few years.

Several factors, like the propensity of the composite armor of supporting the weight of an externally attached component, anchoring composite armor with a platform, safeguarding of ballistic weaknesses at panel joints and corners are taken into consideration while product designing and production are executed.

Ballistic vests are envisioned to deflect bullets from several types of guns, while armored vehicles must withstand projectiles, shells fired from tanks and roadside bombs. The layout of ballistic materials thus presents challenges familiar to any composites manufacturer.

North America is slated to account for larger market share. Active involvement of the U.S. military to counter terror threats is expected to fuel the product demand. Rising pressure on the U.S. government to maintain its military dominance is also expected to drive the regional market.

The key value chain components for the ballistic protective equipment market include raw material suppliers, ballistic equipment manufacturers, and end-users. The raw material suppliers form the first component in the value chain and provide various metals, materials, and fabrics required for producing ballistic protection suits.  

Major companies in the global ballistic composites market include DuPont, Teijin, DSM and Honeywell International. The market can be characterized by increasing R&D spending and continuous efforts for new product development.

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http://www.grandviewresearch.com/industry-analysis/ballistic-composites-market

Further key Findings from the Study Suggest:

  • Asia Pacific is expected to emerge as the fastest growing market in terms of product technology upgradation. Rising awareness in this region pertaining the life of deployed soldiers and vehicles is likely to trigger government budgets allocated for defense.
  • North America is likely to emerge the largest market for ballistic composites on account of favorable government budgets, policies and regulations pertaining defense initiatives.
  • Polymer matrix composite is expected to experience a significant growth on account of their low cost and simple fabrication methods. Its significance lies in its ability to grow fatter and short upon being heated.
  • During the forecast period, ballistic composites market is expected to be majorly driven by armor applications in body vests and defense vehicles.

Active Insulation Market Worth $401.9 Million By 2027

The global active insulation market size is expected to reach USD 401.9 million by 2027, expanding at a revenue-based CAGR of 5.9%, according to a new report by Grand View Research, Inc. rising demand for insulation products to maintain the inner temperature in building structures is anticipated to drive the market over the forecast period. Moreover, increasing re-insulation activities under-insulated houses to save energy are further expected to support the growth.

The growing popularity of outdoor activities such as cycling, sports, workouts, and yoga are likely to ascend the demand for activewear and sportswear. This, in turn, is projected to support the market. Commercial availability of active insulating products coupled with their benefits including resistant to shrinking, stretching, and quick-drying are expected to aid the growth.

Increasing energy costs and growing consumer awareness regarding the economic benefits of building insulation are expected to have a positive impact on the market. Utilization of building insulation products such as glass wool and mineral wool is likely to accelerate in the estimated time owing to their benefits including easy installation, fireproof, and recyclable property.

Europe appeared as the largest regional segment with a share of 33.2% of the total market volume share in 2019. Favorable government regulations supporting the use of active insulation in building structures have benefitted the market in Europe. Increasing production of sportswear and activewear in countries like China and India are likely to aid the market in Asia Pacific.

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https://www.grandviewresearch.com/industry-analysis/active-insulation-market

Further key findings from the report suggest:

  • The demand for glass wool product for building and construction applications is expected to witness a CAGR of 5.1% by revenue, from 2020 to 2027, on account of its superior heat insulation coupled with ease of application in the construction industry
  • Polyester emerged as the largest product segment for textile applications in 2019 and is estimated to generate revenue of USD 63.4 million by 2027 on account of efficient moisture handling, non-allergic, and non-itch property
  • Global expanded polystyrene (EPS) demand in building and construction was estimated at USD 56.7 million in 2019 and is anticipated to witness staggered growth over the forecast period due to improved performance
  • The U.S. market in sportswear application was estimated at USD 7.1 million in 2019 and is estimated to witness notable growth rate from 2019 to 2027 on account of increased adoption of such products
  • Key players including PrimaLoft, Inc.; Polartec; and Economical Building Systems dominated the active insulation market while accounting for over 65% of the total market share in 2019.

Eco Fibers Market Size Worth $69.0 Billion By 2025

The global eco fibers market size is expected to reach USD 69.0 billion by 2025, as per a new report by Grand View Research Inc. expanding at a CAGR of 9.2% over the forecast period. Rapidly growing online fashion retail, rising disposable income, and development of high-quality innovative fabrics are some of the key factors expected to aid the industry growth over the forecast period.

The industry has observed a highly labor-intensive value chain, where labor cost plays a crucial role from farming to fabric processing. Manufacturers are shifting their focus to establish cost-effective structure by achieving economies of scale, which is expected to lead to heavy reliance on machinery and equipment.

Eco fibers are rapidly gaining popularity in designer garments and apparels. Continuous advancements in terms of the development of eco fiber textiles offering absorbent, antimicrobial, highly breathable, hypoallergenic, UV resistant, and insulating characteristics are anticipated to promote their importance in clothing market over the projected period.

Ascending demand for synthetic fibers that are cheaper than organic cotton is likely to emerge as a restraining factor for eco fiber-based textile industry in the coming years. Furthermore, subsidies for synthetic fiber plants are expected to lower their prices, thereby affecting the eco fiber-based textile market.

Market participants are expected to focus on R&D and extensive marketing business strategies in order to compete with the established players. Marketing activities are anticipated to play a crucial role in spreading awareness regarding the benefits of organic products across various end-use industries.

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https://www.grandviewresearch.com/industry-analysis/eco-fiber-market

Further key findings from the report suggest:

  • Regenerated eco fibers dominated the market and accounted for 52.7% of market revenue in 2018, owing to the increasing emphasis on sustainable disposal of textile and industrial waste to minimize its harmful effects on humans and the environment
  • Textiles application is estimated to witness fastest growth over the forecast period, growing at a CAGR of 9.9% in terms of revenue from 2019 to 2025, owing to rapidly increasing demand for clothes/garments driven by population increase
  • Asia Pacific accounted for the revenue share of 32.4% in 2018 with the growth expected to be driven by an increase in the number of trade agreements such as Trans-Pacific Strategic Economic Partnership Agreement
  • The market for eco-fibers in the U.S. generated a revenue of USD 8.96 billion in 2018 and is expected to witness a rapid growth over the forecast period, owing to increasing demand for eco fibers for furniture and bedding applications
  • The eco fibers market is fragmented in nature, owing to the presence of large international players who are emphasizing on expanding their global footprint in order to cater to a larger consumer base

Neckwear Market Size Worth $4.2 Billion By 2025

The global neckwear market size is expected to reach USD 4.2 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 2.1% during the forecast period. Demand for neckwear for formal as causal occasions is anticipated to drive the market. Major manufacturers focus on innovation to produce boutique-branded products to attract more consumers. This factor is anticipated to further drive the market growth.

Consumers prefer wearing ties as they project professionalism, confidence, authority, power, and exclusivity. Rising use of neckwear, especially neckties in professional settings is expected to drive the market growth. Media executives, bankers, business school students, and hospitality professionals are some of the major consumers.

Neckwear manufacturers focus on attracting consumers looking to pair neckwear with casual clothing. Innovations such as trendy designs, soft touch fabric, bright and funky colors, and occasion-specific neckties to attract millennials are projected to create growth opportunities for the market. Along with traditional silk, they focus on using materials such as microfibers, polyester, and cotton to enhance the product offerings.

Key market players focus on experimenting with their product offering and widening the portfolio. For instance, in 2017, Korbata, a Guatemalan manufacturer of men’s fashion accessories launched a new collection called Nawales, inspired by the Mayan worldview and their sacred calendar representing an element of nature and energy.

Neckties product segment is expected to continue holding the largest market share in the forthcoming years, High demand for neckties due to the common acceptance of the product as a part of regular business attire is anticipated to bode well for the segment growth. Consumers choose different designs, patterns, and colors for different occasions. Bow tie is projected to be the fastest growing segment over the forecasted period owing to its growing adoption among millennials as a casual wear accessory.

Key players in the neckwear industry focus on product innovation, brand endorsement, and social media marketing. For instance, in 2017, The Tie Bar, a Chicago-based menswear company, launched subscription model for the U.S. based consumers to improve its customer retention ratio. The company delivers three brand new bow ties or neckties to the consumers depending on their product preference in two intervals—either in six months or a year.

Asia Pacific is expected to continue holding the largest market share and register the fastest CAGR over the forecast period. The growth is majorly driven by rising demand from countries such as China, India, Japan, and Korea. Factors such as growing population, fashion consciousness, and booming commercial sector are projected to drive the regional market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/neckwear-market

Further key findings from the report suggest:

  • Pre-tied neckwear is estimated to expand at the fastest CAGR of 2.7% during the forecast period, due to convenience and user-friendliness
  • Asia Pacific is estimated to expand at the fastest a CAGR of 2.6% over the forecast period owing to growing disposable income, number of private schools and colleges, and number of working population
  • Some of the major players operating in the neckwear market are Brooks Brothers Group, Inc.; Giorgio Armani S.p.A.; Ralph Lauren Corporation; PVH Corp.; LVHM; Brackish Brand; Vineyard Vines; THE TIE BAR; Turnbull & Asser; and Battistoni

Beard Care Products Market Worth $4.02 Billion By 2025

The global beard care products market size is expected to reach USD 4.02billion by 2025 registering a CAGR of 7.7%, according to a new report by Grand View Research, Inc. Rapid urbanization and changing lifestyles are the key factors propelling the growth of this market. Growing target population across the globe will fuel the product demand further.

Moreover, impact of social media, digital marketing, and celebrity endorsements will also help spur the market growth. Rising image-consciousness and awareness about the availability of various beard care and grooming products, such as oil, wax, and shampoos, are projected to boost the demand further. A number of prominent manufacturers are investing in R&D to develop organic products as a result of rising awareness about the adverse effects caused by chemical-based products.

Thus, constant innovations will also have a positive impact on the product demand and industry growth. For instance, Beard Wax from The Man Company is a 100% natural product made of argan and geranium. L’Oreal launched BarberClub Long Beard & Skin Oil, which is made of organic ingredients and does not include silicone, colorants, or parabens.

Based on product type, wax & cream is anticipated to be the fastest-growing segment over the forecast period. This growth is attributed to rising popularity of beard wax and creams due to their benefits like softer beard, as well as skin. Europe held the largest market share in 2018. The market growth is majorly influenced by various beard and moustache championships hosted in Europe such as ‘World Beard and Mustache Championship’ and ‘Braw Beard and Moustache Championships’.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/beard-care-products-market

Further key findings from the study suggest:

  • In terms of sales,wax & cream product segment is projected to grow at a CAGR of 8.7% from 2019 to 2025
  • Convenience stores was the dominant distribution channel segment in 2018 and accounted for a share of over 45.0%
  • Europe region led the global beard care products market in 2018 and held a share of 44.5%
  • Some of the key companies in the market are L’Oreal S.A.; Revlon, Inc.; Unilever; Edgewell Personal Care; The Estée Lauder Companies, Inc.; Honest Amish; and Wild Willies

Toaster Market Size Worth $4.5 Billion by 2025

The global toaster market size is expected to reach USD 4.5 billion by 2025, according to a new report by Grand View Research, Inc., registering a 4.8% CAGR during the forecast period. The market is mainly driven by increasing demand from quick service restaurants. This is one of the best labor-saving appliances used across homes, hotels, cafes, and restaurants. Technological advancements in the appliance over years has significantly benefited market growth. Manufacturers are constantly looking to innovate new and versatile appliances that can fit into different spaces, have various capabilities and sizes, and offer varied heating specifications that can range from simplistic to extreme, depending on how one prefers their bread.

Significant improvement in purchasing power of consumers for advanced kitchen appliances in developing countries such as China and India has also had a positive impact on product demand over the forecast period. In light of this, the market in Asia Pacific accounted for over 40.0% of the revenue in 2018. Increasing consumption of various types of breads for breakfast among many South Asian countries is driving the market. For instance, a study by Japanese consulting and economic research firm Nomura Research Institute, Ltd. finds that close to 51.0% of people in Japan prefer bread as part of their breakfast meal, overtaking the traditionally preferred item – rice.

On the basis of product, the toaster market is segmented into pop-up, oven, and conveyor toasters. Pop-up toasters held the largest market share in 2018 and are the most preferred type among consumers. These appliances consume lesser energy as compared to toasting bread in the oven or stove, which are less efficient. Conveyor toasters form the fastest growing segment owing to rising demand in commercial applications such as restaurants and hotels as they can toast larger quantities compared to household variants such as pop-up toasters.

By way of application, the residential sector accounted for the dominant share in 2018. With bread being a vital breakfast item for consumers across the globe, the convenience provided by toasters for a quick, easy, and delicious breakfast will continue to be a key factor keeping product demand high in the residential segment. Nevertheless, the commercial sector will register the fastest growth over the forecast period.

An increasing number of manufacturers and distributors have been entering the industry, ensuring stiff competition. The market is primarily dominated by regional and local players and more than 60.0% of the market is reportedly unorganized. New product launches, strong marketing campaigns, and strategic partnerships and collaborations are, therefore, crucial to holding a prominent position in the market. For instance, the steam toaster by Balmuda, a Japanese design and manufacturing company, uses steam technology and temperature control to keep the bread from drying out. A small amount of water is poured into the toaster, which ensures retention of moisture and aroma of the bread.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/toaster-market

Further key findings from the report suggest:

  • By product, conveyor toasters are projected to register the highest CAGR of 5.95% over the forecast period owing to rising demand in commercial applications such as restaurants and hotels
  • In terms of application, the residential sector dominated the global market with a share of over 70.0% in 2018. The commercial sector will emerge as the fastest growing segment by 2025
  • Asia Pacific held the dominant share of 40.08% in 2018. The region will continue its leading streak over the next few years, propelled by increasing disposable income in countries like India, South Korea, and China
  • The toaster industry is highly competitive in nature with manufacturers concentrating on new product launches, marketing campaigns, and technological innovations to stay ahead. Some of the key players are The APW Wyott, Hatco, Star Manufacturing International, Waring Commercial, and Toastmaster.

Cashmere Clothing Market Worth $3.50 Billion By 2025

The global cashmere clothing market size is expected to reach USD 3.50 billion by 2025 registering a CAGR of 3.96%, according to a new report by Grand View Research, Inc. Cashmere clothing products are made using Cashmere yarn. This type of wool is better than any traditional wool, in terms of quality. It is finer, softer, lighter, as well as stronger than other wool types. It also has a high moisture content and hence it is easily adjustable to different temperatures. Moreover, it helps enhance the aesthetic appeal.

These factors are expected to augment the product demand, thereby supporting market growth. Rising product popularity and demand for premium quality clothing across the globe due to increased disposable income levels and impact of social media and digital marketing will fuel the growth further. However, high production costs and limited raw material supply may hinder the market growth. Sweaters & coats, pants & trousers, and tees & polo are the major types of Cashmere clothing. These products are comparatively costly and thus are considered as luxury clothing apparels.

North America is expected to be the fastest-growing regional market from 2019 to 2025 due to increased sales of these products. Europe being the fashion hub of the world is estimated to account for the largest market share by 2025. Moreover, presence of several prominent global luxury brands in Europe will drive the regional market. Some of the key companies in this market are Loro Piana S.p.A, Ermenegildo Zegna Holditalia S.p.A., Brunello Cucinelli S.p.A., SofiaCashmere, Autumn Cashmere, Alyki – Felice De Palma & Co., and Pringle of Scotland Ltd.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/cashmere-clothing-market

Further key findings from the study suggest:

  • Sweaters & coats product type segment is projected to account for the largest share of the global Cashmere clothing market by 2025
  • Based on end user, the women segment led the global market in 2018. However, the men end-user segment is estimated to register the fastest CAGR from 2019 to 2025
  • Europe was the dominant regional market in 2018 and is projected to expand further at a steady CAGR over the forecast years
  • APAC is said to be the second fastest-growing market due to rising disposable income levels and improved standards of living in emerging countries like India, South Korea, China, and Japan

Bioceramics Market Size To Reach $19.05 Billion By 2022

Global bioceramics market is expected to reach USD 19.05 billion by 2022, according to a new report by Grand View Research, Inc. Rising ageing population coupled with increasing occurrences of osteoarthritis is expected to augment market growth over the next seven years. Growing need to maintain a healthy lifestyle coupled with introduction of new low cost preventive care measures has led to the utilization of medical devices, which is expected to augment expansion of the industry. 

Alumina dominated the global market, in terms of material, accounting for over 62% in 2014. Bioinertness, hardness and high abrasion resistance are some of its qualities, resulting in the extensive use of alumina implants for dental and joint applications. Growing demand for biocompatible materials to increase acceptance by the patients’ body as well as reduce the occurrence of infections post surgery is expected to augment demand for alumina over the forecast period.

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http://www.grandviewresearch.com/industry-analysis/bioceramics-market

Further key findings from the report suggest:

  • Global bioceramics market demand was USD 12.31 billion in 2014 and is expected to reach USD 19.05 billion by 2022, growing at a CAGR of 6.2% from 2015 to 2022.
  • Rising ageing population in developed economies has been a major factor for positive growth over the past few years and this trend is likely to continue in the near future. Increasing trend of early surgical intervention by doctors in case of joint replacements has resulted in growing demand for knee, shoulder and hip implants. This will result in increasing penetration of bioceramics in the orthopedic sector generating revenues worth USD 7.87 billion by 2022.
  • Advancements in medical technology and demand for sophisticated medical services & devices are expected to augment demand for bioceramics over the forecast period. Changing food consumption patterns among younger population coupled with lack of nutrition in diet have contributed towards cavity formation and damaged tooth health. This has led to increasing demand for dental crowns, bridges, and bristles which has eventually contributed towards increasing penetration of bioceramics in dental care.
  • Europe was the largest market and is expected to witness gains at a CAGR of 5.7% from 2015 to 2022. Positive outlook towards the orthopedic sector, mainly in Germany, is expected to drive market growth.
  • Key industry players including CeramTec, Amedica Corporation, Zimmer Biomet Holdings, Inc, DOCERAM Medical Ceramics GmbH, Straumann, Nobel Biocare and CoorsTek Medical, LLC. These companies are investing heavily in research and development activities of bioceramics materials. Companies such as CIRTEC Medical Systems perform thermal shock testing of brazed and ceramic components which help in making robust designs. In addition, the company is also using x-ray and dye penetration technology to evaluate various ceramic components.

Carbon Fiber Market Size Worth $6.36 Billion By 2025

The global carbon fiber market size is projected to reach USD 6.36 billion by 2025, expanding at a CAGR of 10.9%, as per a new report by Grand View Research, Inc. The demand for lightweight materials in the manufacturing of automobiles so as to reduce the overall fuel consumption is expected to support the industry growth. Key regions which include United States, Japan etc. have high concentration of carbon fibre manufacturers which is expected to play a key role in propelling the product demand in these regions.

Europe is anticipated to be the largest as well as fastest growing region owing to the presence of aircraft manufacturing giants and major automobile manufacturers such as BMW, Mercedes, Ferrari etc. These companies are emphasizing on building low-weight, fuel efficient, low emission, environment friendly cars, which directly will lead to the increased consumption of carbon fibre in various applications.

The industry is growing and is composed of several large players. However, minimizing the overall product cost is a major challenge faced by market participants. The market is characterized by strategic partnerships in order to achieve competitive advantage over their competitors.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/carbon-fiber-market-analysis

Further Key Findings from the Study Suggest:

  • The global carbon fiber market is valued at USD 2.49 billion in 2016 and is estimated to register a growth of 10.9% from 2017 to 2025.
  • Europe is expected to hold the highest market share by 2025 in terms of both volume and revenue
  • U.S carbon fibre market is expected to witness the highest growth from automotive segment growing at an estimated CAGR of 13.3% during 2014 to 2025
  • Growth in Asia Pacific can be attributed to high growth of construction as well as automotive industries
  • The aerospace and defense segment holds the highest market share and is projected to grow at an estimated CAGR of 13.1% over the next nine years.
  • Carbon fiber being lightweight, has been increasingly used in aircraft building over traditional materials such as aluminum. This has led to the segment growth over the period.
  • Polyacrylonitrile (PAN) is expected to witness highest growth due to its superior properties in addition to the extensive production capacities.
  • Pitch segment is estimated to grow at a CAGR of 7.8% by volume over the forecast period.
  • Key companies operating in the market include, SGL Group, BASF, Hexcel Corporation, Toray Industries Inc., Mitsubishi Rayon Co., Ltd., SE and Teijin Limited, etc.