Bag On Valve Products Market Size Worth $9.55 Billion By 2025

The global bag on valve products market size is expected to reach USD 9.55 billion by 2025, registering a 6.8% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for personal care, household care pharmaceutical, and other products coupled with advanced packaging offered by the product is likely to benefit the industry growth.

Factors such as changing lifestyle, growing disposable incomes are likely to boost the demand for personal care products including deodorants, liquid soap & shampoo, hair gels & shaving, and cosmetics. In addition, the demand for advanced packaging solutions and minimum product wastage is projected to propel the market.

The bag on valve packaging offers superior benefits such as benefits such minimum product wastage, ease in usage and convenience in carrying. In addition, the bag on valve packaging technology helps in achieving a zero amount of product contamination, which is likely to stimulate the demand for the products leading to growth over the next seven years.

The introduction of fully recyclable bag on valve products augments their demand in various application segments including pharmaceuticals, food & beverage, automotive and industrial. Limited requirement of aerosol propellants in the aforementioned packaging is expected to fuel the substitution of conventional aerosols which in turn is expected to fuel growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/bag-on-valve-products-market

Further key findings from the report suggest:

  • The bag on valve products in pharmaceutical sector accounted for a share of 37.9% in terms of revenue in 2018, owing to wide range of applications in products such as nasal spray, wound cleaners, among others
  • The food & beverage application segment is anticipated to grow at a CAGR of 7.6% from 2019 to 2025 and is projected to reach USD 2,295.9 million in 2025 owing to widespread adoption of the product drive by ease in dispensing
  • Asia-Pacific bag on valve products market is estimated to grow at a CAGR of 8.2% from 2019 to 2025 on account of rapid expansion of the manufacturing sector coupled with increased spending power of the consumers in the region
  • The technological advancements in North America coupled with the demand for convenient packaging solutions is anticipated to benefit the regional market growth which is expected to exhibit a CAGR of 7.2% over the forecast period
  • Market participants across the globe have increased their R&D spending in order to develop highly efficient products for various applications in a bid to facilitate product adoption by the consumer industries

Aerospace & Defense MRO Market Size Worth $161.60 Billion By 2025

The global aerospace and defense MRO market size is projected to reach USD 161.60 billion by 2025, according to a new report published by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% over the forecast period. Expanding aircraft fleet coupled with increasing fleet replacement age is anticipated to propel the growth.

Intensified demand for air travel, driven by a rising disposable income of consumers from the emerging markets is likely to have a positive impact on the growth of the market for aerospace and defense Maintenance, Repair, and Overhaul (MRO). Burgeoning adoption of advanced aircraft by various government agencies to increase their defense capabilities is projected to propel the market growth. Also, a longer in-service period of aircraft is expected to benefit the market growth.

The aerospace and defense MRO market has been witnessing an increasing integration by the OEMs, which is expected to intensify the market rivalry. The market participants are trying to focus on creating additional value by adopting business models that span across the product life cycle. This has led to exponential growth in several strategic alliances, including mergers and acquisitions, leading to intense competition.

Despite a large number of potential opportunities, the new entrants are expected to face operational hurdles due to infrastructure, regulatory, and geopolitical challenges. Furthermore, the presence of established players, controlling a large market share and a strong foothold of the market players coupled with the capital intensive nature of the business is expected to restrict entry to the new players.

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https://www.grandviewresearch.com/industry-analysis/aerospace-defense-maintenance-repair-overhaul-mro-market

Further key findings from the report suggest:

  • Line maintenance is expected to be the fastest-growing product segment with a CAGR of 6.3% over the forecast period owing to mandatory schedule periodic line maintenance of aircraft, coupled with growth in passenger and freight traffic
  • Narrow-body aircraft accounted for the largest market share of 53% in 2018, owing to rise in replacement of regional jets and turboprops with single-aisle aircraft
  • Military MRO is projected to witness significant growth over the forecast period, on account of rising initiatives by the governments to strengthen its defense with the procurement of advanced aircraft
  • Asia Pacific is projected to witness the fastest CAGR and surpass North America over the forecast period, due to a rise in passenger traffic in developing economies in Asia, especially in China and India
  • The aerospace and defense MRO market participants compete based on proximity to the customers, geographical presence, skilled labor force, and service cost to gain greater market share

Nitrogenated Coffee Market Worth $51.1 Million By 2025

The global nitrogenated coffee market size is expected to reach USD 51.1 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 26.6% over the forecast period. Increasing number of health conscious consumers is expected to fuel the demand for the product, which contains less sugar and calorie as compared to other caffeinated beverages. In addition, the thick texture and sweet taste of the nitrogenated products are expected to boost the market growth in the upcoming years.

The vanilla flavor dominated the market, accounting for over 40.0% share of the global revenue in 2018. Increased popularity of this flavor across the globe has fueled the demand. The fruit and nuts flavor is expected to witness significant growth in the near future owing to growing demand for maple, coconut, hazelnut, and pecan flavored product. In December 2018, PJ’s Coffee introduced its southern pecan flavored nitrogen infused cold brew.

In terms of packaging, can is expected to expand at the fastest CAGR of 29.0% from 2019 to 2025. Growing demand for ready-to-drink beverages is anticipated to fuel the growth of the segment in the near future. In April 2015, Stumptown Coffee Roasters launched its canned nitro cold brew considering the growing demand for ready-to-drink beverage.

North America held the largest share for over 80.0% of the total revenue in 2018. A large number of regular coffee consumers and presence of major players in this region have increased the demand for the product. Furthermore, manufacturers are expanding their business in Asia Pacific owing to rapidly growing popularity of the product in the countries including Japan, China, South Korea, and Indonesia.

Key competitors of this industry include International Coffee & Tea, LLC, Starbucks Corporation, McDonald’s, Stumptown Coffee Roasters, RISE Brewing Co., Dunkin’, NITRO Beverage Co., Califia Farms, Blackeye Roasting Co., and Bona Fide Nitro Coffee and Tea.

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

Further key findings from the report suggest:

  • The nitrogenated coffee market in North America held the largest share of more than 80.0% in 2018
  • Asia Pacific is expected to expand at the fastest CAGR of 30.7% from 2019 to 2025
  • By flavor, vanilla  held the largest share of more than 40.0% in 2018
  • By packaging, can is expected to expand at the fastest CAGR of 29.0% from 2019 to 2025.

Rice Seeds Market Size Worth $11.2 Billion By 2025

The global rice seed market size is expected to reach USD 11.2 billion by 2025, according to a new report by Grand View Research, Inc., registering an 8.1% CAGR during the forecast period. Rice is part of the staple diet in most countries in Asia Pacific and this is expected to have a positive impact on market growth. Furthermore, high popularity of these products in the formulation of various delicacies such as pancakes, cakes, breads, cookies, pastas, and sweets is expected to remain a favorable factor over the next few years. In southern and eastern Asia, rice wine is also very popular, which is likely to keep demand steady. The several nutritional properties that rice possesses is also creating traction in the market.

Over the past few years, some of the companies have been increasing their spending toward the development of rice seeds. In July 2018, the Philippine Center for PostHarvest Mechanization and Development (PhilMech) joined efforts with Murcia, Negros Occidental to launch the “Brown Rice Processing Impeller Technology” project. This project is expected to assist farmers from Murcia in marketing their products along with being profitable with its 72% milling recovery.

Bayer AG, a German multinational life sciences company, in January 2018 launched a hybrid rice seed Arize AZ 8433 DT. The variety is said to be resistant against the most destructive pests and insects, resulting in reduction in the use of pesticides and insecticides, ultimately, saving costs. It is expected to yield 20% to 30% more than other conventional seeds. Bayer has been focusing on pest infestation for a long time and has introduced this product variant using an innovative technology that is built on the marker-assisted breeding technique.

In April 2019, agricultural scientists from China bred 78 new rice varieties and are available under the product line “Green Super Rice”. These varieties have been gaining popularity owing to the fine quality of the harvest, along with high and consistent yield. Their requirements pertaining to fertilizers, pest control, and water are lesser than conventional seeds and can survive rough weather conditions too. The rice seed market for these varieties is projected to be extremely favorable in countries across Asia and Africa.

Organizations from across the globe are forming strategies to benefit from growing product demand. In February 2019, Ricetec announced the use of ClearAg’s artificial intelligence (AI)-based platform for rice modelling research and development. With this, RiceTec will have 24/7 access to smart content pertaining to forecast, field-level current, weather and historical soil intelligence. The move is expected to enhance the sustainability of agriculture systems. Likewise, Savannah Seeds Pvt. Ltd., an Indian company, acquired the assets of Ganga Kaveri & Spriha Seeds in February 2019 to strengthen its foothold in the market.

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

Further key findings from the report suggest:

  • The hybrid product segment accounted for more than 70.0% of the global revenue in 2018, enjoying a leading position in the market. Hybrid rice seeds possess a number of advantages over conventional variants, such as enhanced yield, vigor, and resistance to disease and pests
  • The long grained segment is expected to register the highest CAGR of 9.2% from 2019 to 2025 owing to their usage in various delicacies. One of the most popular long-grained products is basmati, which is grown exclusively in India and Pakistan
  • Asia Pacific accounted for the dominant share of over 80.0% in 2018. Rice is part of the staple diet in most countries in the region and this is expected to continue driving product demand over the forecast period
  • Europe is projected to be the fastest growing market, with U.K. emerging as the leading revenue generator in 2018

Bamboo Furniture Market Worth $14.38 Billion By 2025

The global bamboo furniture market size is expected to reach USD 14.38 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.2% during the forecast period. The growth is primarily attributed to rising investments in infrastructure developments and use of sustainable raw materials for furniture.

Bamboo is also gaining an increasing traction in terms of application in the commercial sector such as hotels, offices and recreational areas. Companies focus on crafting environmentally friendly products using bamboo as the major raw material. This factor is anticipated to drive the market in near future.

Asia Pacific is a one of the major markets, with China and other Far East countries as the major hubs. India is also expected to be a lucrative market for the manufacturers supported by the rising preference for sustainable and elegant furniture. Ikea has made India its global sourcing hub for bamboo products with an aim to expand its product portfolio.

Bamboo stools accounted for the highest market share of about 44% in 2018. Rising usage of bamboo furniture for both indoor and outdoor purposes is anticipated to drive the segment growth. Increasing demand from outdoor restaurants, cafes, and bars is projected to further fuel the product demand in near future. Foter offers a wide range of bamboo bar stools for both residential and commercial purposes in various designs.

The global bamboo furniture market is majorly driven by the residential application. Rising demand for elegant furniture to complement the living room and bedroom décor along with the rise in real estate constructions initiated by governments, especially in the urban areas is projected to drive the segment growth.

Asia Pacific accounted for the largest market share of about 59% in 2018. It is also expected to expand at the fastest CAGR of 5.8% from 2019 to 2025. Majority of the growth is driven by China and other Far East countries. Improving living standards in China are resulting in higher investments in home décor and furnishings, which in turn is anticipated to fuel the market.

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

Further key findings from the study suggest:

  • APAC is estimated to be the fastest market accounting for a share of more than 55% by 2025, driven majorly by the high demand from China and India
  • In terms of revenue, residential application accounts for a market share of more than 70% in 2018. The segment is expected to continue leading over the forecast period
  • Some of the major players operating in the global bamboo furniture market include Jiangxi Feiyu Industry Co. Ltd., Moso International B.V, Hadicomex VietHa Jsc, Ole Bamboo, Tanyee company Ltd., Shenzhen Vincent Handicraft Co., Limited, CBG Bamboo, and Greenington LLC

Anti Aging Products Market Worth $51.5 Billion By 2025

The global anti aging products market size is expected to reach USD 51.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Rising consumer awareness regarding personal grooming and increasing concerns over the adverse effects associated with aging are expected to have a positive impact on the market growth.

Furthermore, growing awareness regarding the hazardous effects associated with the chemically processed anti-aging products is expected to promote the use of natural products. As of 2016, 57% of the U.S. women claimed to prefer natural skin care products for their daily usage. Therefore, consumers are increasingly preferring natural cosmetic oils and serums due to their ability to penetrate the skin easily.

The hair care segment is expected to be the fastest growing segment, expanding at a CAGR of 6.0% from 2019 to 2027. Aging is related to the loss of volume, hair thinning, and dryness. Therefore, rising importance of moisturizers, shampoo, and hair oils to cover grey hair, improve softness of hair, and increase shining features is expected to remain a favorable factor. Furthermore, growing application of hair care among men in order to maintain hair growth for a longer time is expected to be a key trend in the near future.

Supermarkets and hypermarkets was the largest segment, accounting for over 50.0% share of the global revenue in 2018. Availability of a wide range of products in a same selling window is a major factor driving the consumers to purchase from supermarkets. It has been observed that majority of the consumers prefer this distribution channel due to the availability of products. The online category is expected to be the fastest growing category as consumer preferences are shifting towards e-commerce portals due to the convenience of doorstep delivery services.

North America accounted for more than 35.0% share of the global revenue in 2018. High consumer spending on maintaining personal appearance is contributing to the market growth. To prevent the sign of aging, one-third of the U.S. adults use anti-aging products on a daily basis. Asia Pacific is expected to be the fastest growing region from 2019 to 2025. Growing disposable income and rising consumer awareness regarding the usage of anti-aging skin care in emerging economies including China and India are driving the market.

Key industry participants include Estée Lauder Inc.; Bioderma; Procter & Gamble; PhotoMedex, Inc.; Beiersdorf Limited; Lumenis; Clarin’s; Kiehls’s; pmdbeauty.com & Age Sciences Inc.; Cellex-C International Inc.; and The Boots Company PLC. Product innovation is expected to remain a critical success factor in the near future.

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

Further key findings from the report suggest:

  • The hair care segment is projected to ascend at a CAGR of 6.0% from 2019 to 2025
  • Supermarkets and hypermarkets dominated the industry with an overall share of above 50.0% in 2018
  • North America dominated the industry, accounting for above 35.0% share of the global revenue in 2018.

Physical Vapor Deposition On Plastics Market Worth $10.33 Billion By 2025

The global physical vapor deposition on plastics market size is anticipated to reach USD 10.33 billion by 2025, at a CAGR of 6.2% according to a new report by Grand View Research, Inc. Developments in medical equipment and solar product application are projected to impact demand positively. Physical vapor deposition (PVD) on plastic improves the properties such as surface finish, and chemical & wear resistance in various end-use plastic products, thus improving their performance and reducing the overall maintenance cost.

Favorable government regulations and initiatives to strengthen the manufacturing industry, such as the provisions for subsidy, increasing foreign investments and trade promotion are projected to augment PVD on plastic product demand over the forecast period. Some of the initiatives are Belt and Road initiative in China, Make in India initiative by the Indian government, and Buy American Hire American initiative in the U.S, etc.

Physical vapor deposition on plastics market is expected to be driven by the rapidly growing automotive and solar products industries, especially in the developing countries, and the rising application of PVD on plastics in various industries. Physical vapor deposition (PVD) on plastics is characterized by widespread applications including enhanced surface finish and impact absorption on account of the improved chemical & mechanical properties, light weight, and non-toxicity of the coatings.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/physical-vapor-deposition-plastics-market

Further key findings from the repot suggest:

  • The physical vapor deposition on plastics market was valued at USD 6.79 billion in 2018 and is expected to grow at a CAGR of 6.2% from 2019 to 2025
  • Medical equipment occupied the largest revenue share on account of its higher price and increasing demand due to increasing chronic diseases and rising old age.
  • Solar products emerged as the fastest growing application segment globally as it is a step towards reducing carbon footprint of the countries form power generation sector
  • Rising demand for environment-friendly and energy saving power generation equipment & solutions is expected to drive this market
  • The medical equipment accounted for 26.61% of the global market in 2018 and is projected to grow at the second highest CAGR over forecast period
  • Increasing investment from government & private institutions in the solar power generation sector is projected to contribute to the demand for these physical vapor deposition on plastic products
  • Key players include Applied Materials, Inc., Advanced Energy Industries Inc., IHI HAUZER B.V., Oerlikon Balzers, and Intevac, Inc.

Latin America Magnesium Nitrate Market Worth $113.5 Million By 2026

The Latin America magnesium nitrate market is projected to reach USD 113.5 million by 2026, according to a new report by Grand View Research, Inc. registering a 4.5% CAGR during the forecast period. Growing demand from fertilizers and explosives manufacturing industry is expected to drive market growth over the forecast period.

Magnesium nitrate is used as a catalyst for making explosives as it is a strong oxidizer and enhances the combustion of other substances that are utilized in the production of explosives. In the mining industry, explosives are used to extract the ore and discover ore-bodies. Latin America comprises of some of the largest and profitable mines, which is one of the prominent reasons for the robust growth of the mining industry. One of the largest mines of Latin America, Yonacoda gold mine, is situated in Peru and has been recognized as the second-largest open-pit gold mine in the world

Brazil is one of the fastest emerging economies in Latin America, with the chemical and agriculture sector as the backbone of a growing economy. The ability of magnesium nitrate to function as a stabilizer and preservative is likely to increase its utilization in the chemical industry. In addition, with a total arable land availability of 329 million hectares, the country designated 24.3% of the land to produce perennial crops and 52.1% for pastures.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/latin-america-magnesium-nitrate-market

Further key findings from the report suggest:

  • The additive segment accounted for the largest market share of 64.0 %, in terms of volume, in 2018 owing to the increase in consumption of fertilizers in agriculture sectors
  • Nitric acid application is expected to grow at a CAGR of 3.7% from 2019 to 2026 owing to rising demand in the production of explosives and fertilizers
  • Chile is the fastest growing country with a CAGR of 4.6%, in terms of volume, on account of increased mining activities in the region, particularly due to the government regulations encouraging controlled mining in order to boost economy
  • Mexico dominated the Latin America magnesium nitrate market with a volume share of 21.1% in 2018 due to growth in consumption of synthetic fertilizers and flourishing mining sector
  • Some of the key industry participants are Avantor Performance Materials, Haifa Mexico, Sigma Aldrich, American Elements, Van Iperen International, Yara International, Neochim PLC, AKO Kasei Co. Ltd., and Rongyu Chemical Co. Ltd.

Polyethylene Terephthalate Market Size Worth $47.46 Billion By 2025

The global polyethylene terephthalate market size is anticipated to reach USD 47.46 billion by 2025 and register a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. Polyethylene terephthalate is produced by the polymerization of ethylene glycol and terephthalic acid. Features such as increased strength and flexibility, lightweight, and non-toxic nature have made the material a preferred choice for packaging. PET finds wide uses in applications such as beverage packaging, consumer goods, and food packaging as it can efficiently be reused after recycling.

The globally increasing demand for efficient and eco-friendly packaging solutions coupled with the rising consumption of packaged & processed food has resulted in an increased demand for PET in food packaging applications. Moreover, the shifting trend of consumers toward the use of recyclable containers for food packaging is further boosting the demand for PET. Various other properties offered by the material also make it ideal for use in films and sheets, which are highly demanded by the medical packaging industry.

Various advancements are being made in PET to efficiently meet the needs of consumers and brand owners, which include enhanced food safety, improved sustainability, and reduced cost. Manufacturers of PET are focusing on product innovations and expansion of their production capacity to cater to the growing demand for sustainable and bio-based PET. This is one of the key drivers expected to propel the PET market growth over the forecast period.

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

Further key findings from the study suggest:

  • The polyethylene terephthalate market was valued at USD 25,246.8 million in 2018 and is expected to register a CAGR of 5.6% from 2019 to 2025
  • The rising demand for environment-friendly and energy-saving products and solutions for packaging is expected to drive the market growth
  • The packaging segment accounted for the largest revenue share in 2018 on account of its increasing use in food and non-food packaging applications
  • The films & sheets segment accounted for a market share of 12.89% in 2018 and is projected to register a CAGR of 5.6% over the forecast period
  • The focus of various governments on improving indoor air quality and establishing stringent environmental regulations is anticipated to drive the demand for PET-based packaging
  • Key players active in the polyethylene terephthalate market include BASF SE, M&G Chemicals, SABIC, Arkema, Evonik Industries, and The Sherwin-Williams Company.

Canadian Oilfield Chemicals Market Size Worth $1.79 Billion By 2025

The Canadian oilfield chemicals market size is projected to reach USD 1.79 billion by 2025, registering a CAGR of 3.9% over the forecast period, as per a new report by Grand View Research, Inc. Growing exploration in the states such as Alberta, Newfoundland, British Columbia, and Manitoba is expected to promote the demand for chemicals used in the aforementioned processes.

The industry is characterized by the production of bio-based products which is expected to limit the demand for the oilfield chemicals. However, increasing complexity of the exploration processes coupled with the rise in the demand for oil in Mexico is expected to result in an increased demand for such chemicals over the forecast period.

The crude oil prices have been witnessing a steady decline due to overproduction and oversupply from OPEC members and North America, making the market less lucrative for E&P activities. As a result, the key players in the industry have adopted sustainable resolutions keeping in mind the long-term aids and the dominant regulatory situation

Large reserves of unconventional hydrocarbon reserves in the form of shale gas, tight oil and oil sands is likely to drive the industry growth. In addition, high investments from multinational oil and gas majors such as Imperial Oil, ExxonMobil, and Suncor is expected to steer drilling activities over the forecast period which is further expected to drive growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/canadian-oilfield-chemicals-market

Further key findings from the report suggest:

  • The use of corrosion inhibitor in the country is expected to realize market revenues of USD 415.0 Million by 2025 on account of high concerns regarding scale removal and pipeline protection
  • The demand for oilfield chemicals in drilling is expected to grow at a CAGR of 3.9% from 2019 to 2025 on account of growth in the exploration activities driven by the demand for oil in North America
  • The demand for the products for onshore exploration accounted for a revenue share of 91.4% of the overall market on account of the presence of majority of the oil wells onshore
  • The segment development is mainly driven by the increasing E&P activities in unconventional reserves for shale gas, tight gas and CBM and large number of mature wells across the country
  • Some of the companies operating in the Canadian oilfield chemicals industry include BASF, Dow Chemical Company, Lubrizol Canada, Ltd., and are integrated across the value chain to provide a number of services