Cement Market Size Worth $682.3 Billion by 2025

The global cement market size is expected to reach USD 682.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.8% during the forecast period. The market is anticipated to register rapid growth due to growing infrastructural development across the globe.

The global infrastructure investment is dominated by countries such as India, China, and the U.S. Soaring need for infrastructure upgrade and modification in the U.S. is likely to fuel the demand for cement over the forecast period.

Demand for residential properties is growing due to increasing urbanization and rising household income. In addition, improving economic conditions in countries such as India and China is stimulating the demand for retail and commercial spaces. Both countries are estimated to observe a remarkable rise in establishments in urban areas over the forecast period, thus providing a fillip to the cement market.

Aditya Birla Ultratech, CNBM International Corporation, CEMEX S.A.B. de C.V., HeidelbergCement AG, Italcementi, InterCement, LafargeHolcim, SCG, Taiheiyo Cement Corporation, Titan Cement Group, Votorantim, Mitsubishi Cement Corporation, Alamo Cement Company, Argos USA Corporation, ESSROC Cement Corporation, Drake Cement LLC, and Anhui Conch Cement are some of the prominent companies operating in the market.

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

Further Key Findings from the Report Suggest:

Portland cement accounted for close to 90.0% of the overall revenue in 2016. Properties such as high strength and durability exhibited by this type are likely to trigger its demand over the forecast period
On the basis of product, the others segment is expected to register a CAGR of 6.6% over the forecast period. Prices of other cements are expected to decline in the coming years, which, in turn, is expected to drive the market.
Supportive regulations and favorable government policies, such as Housing for All and smart cities in India, are expected to trigger the demand for cement in residential and commercial applications in developing and underdeveloped countries
The Cement Action Plan is a part of the World Business Council for Sustainable Development´s (WBCSD) Low Carbon Technology Partnerships initiative (LCTPi) to accelerate the deployment of low-carbon solutions in the cement industry. Policies and government initiatives related to this plan are projected to augment the market over the forecast period.
Regional expansions and R&D are the key strategies adopted by major players to strengthen their position in the cement market as smaller companies are keen to collaborate with key players to strengthen their foothold in the global arena
In July 2014, Aditya Birla Ultratech acquired 2 units of Jaiprakash Associates in order to increase the firm’s production capacity to 100 metric tons per year by 2020.

Surfactant market to grow at a CAGR of 4.6% from 2015 to 2022

In 2014, the global surfactant market was worth USD 25.60 billion. Development of detergents market predominantly in Latin America and Asia Pacific as a result of rising disposable income levels is likely to drive market growth. Moreover, growing oilfield chemicals demand on account of speedily growing E&P activities in China and North America is also expected to drive the global surfactants market.

Surfactants are used to diminish surface tension between a solid and a liquid or between two liquids in the form of emulsifiers, wetting agents, foaming agents, detergents or dispersants. They are used in numerous end-use industries for instance cosmetics, agrochemicals and pharmaceuticals. Constant progress in these sectors is projected to assist the major industry participants.

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

Anioinic surfactants was the largest product type which accounted for over 45% of the market in 2014. Increasing demand for linear alkyl benzene in cleaners and detergents on account of profitable characteristics of products led to the high market share. Amphoteric surfactant type is projected to witness the highest growth rate, at an estimated CAGR of 4.9% from 2015 to 2022. Amphoteric surfactants are extensively being used worldwide owing to their various properties such as conditioning, bio degradability, foaming & foam stabilization and detergency.

Surfactant application accounted for the highest market share of over 40% in 2014. Growing product demand in detergents, household cleaners and soaps accounted for the huge demand in home care segment. Personal care application is forecasted to witness the highest growth rate, at an anticipated CAGR of 5.0% from 2015 to 2022. The growing demand for new innovative products such as anti-aging creams and make-up is expected to drive the demand for personal care application.

Asia Pacific accounted for over 30% of the global surfactant market in 2014.Increasing demand for home care and personal care products along with rising awareness about bio-based products is projected to provide an upper hand over other regions in the near future.

BASF – Cognis was the leading company in 2014 contributing over 30%of the total market share of global surfactants market. Other major companies in the market include Akzo Nobel, Kao, Stephan, Rhodia, Clariant, Evonik, Croda and Huntsman. The major industry participants in global surfactants market are developing new innovative products. In addition, some of the key strategies of the industry participants include joint ventures, mergers & acquisitions along with efficient marketing strategies. Media platforms are projected to be utilized on a large scale for product promotion and differentiation.

Leather Goods Market Size Worth $629.65 Billion By 2025

The global leather goods market size is expected to reach USD 629.65 billion expanding at a CAGR of 5.4% by 2025, according to a new report by Grand View Research, Inc. The market growth is driven by the millennials and Generation Z as younger shoppers seek a personalized shopping experience that integrates both online and offline platforms. In the offline platforms, the availability of leather goods in retail stores has an affinity to showcase its content to a large number of audiences. In U.S. it was reported that 94% of all the purchases made in 2016 were through retail stores.

The major reasons driving the sale included age, gender, and location. In the footwear product segment, casual shoes like sneakers, slippers, and flats are gaining popularity, which is expected to boost the segment growth in the coming years. The market for formal shoes is expected to witness a significant growth over the forecast period owing to constant innovations, in terms of products and designs. In the sports shoes category, major manufacturers in the market including Adidas AG; Nike, Inc.; New Balance Athletics, Inc.; and Sketchers USA, Inc. are increasingly focusing on developing innovative technologies to enhance the stability of sports shoes and make them more comfortable.

Application of leather in manufacturing bags and wallets has increased significantly in the recent years. Among all types of leather, synthetic leather has attained tremendous popularity as it is softer than conventional leather and offers high durability. The growth of casual footwear segment coupled with increasing online purchases is expected to drive the leather goods market in North America over the forecast period. Furthermore, rising number of athletes in the region and awareness about the benefits of staying active and fit are anticipated to fuel the market growth.

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

Further key findings from the study suggest:

Rubber & plastic material segment in the footwear market is expected to witness the highest growth rate over the forecast period
E-commerce distribution channel in North America was estimated as the largest segment of the leather goods market in 2017
China was the largest market. The Asia Pacific region is expected to be the fastest-growing regional market during the estimated period.

Chocolate Confectionery Market Size Worth $154.5 Billion By 2025

The global chocolate confectionery market is anticipated to reach USD 154.5 billion by 2025, according to a new report by Grand View Research, Inc. Recent approvals of factor concentrate by regulatory bodies, favorable government initiatives and mandates, and rising adoption of prophylaxis treatment are the key factors that are driving the market growth.

The Chocolate Confectionery market growth is anticipated to increase due to favorable impact of advertising. Chocolate confectionery manufacturing companies conduct several marketing & promotional activities to increase the outreach of their products amongst their targeted end user segments. In addition, appealing packaging of products, innovative branding activities and promotional events increase the demand for chocolates amongst consumers. Gift packages with chocolates, products targeting holiday and festival seasons, “healthy snack sized” products are very popular amongst parents and children who constitute a major end user segment. Moreover, marketing strategies targeting kids is gaining momentum in this market. For instance, Ferrero India has initiated several marketing activities to promote the sales of its Kinder Joy chocolates.

The company has focussed on branding the products keeping kids as the target audience. The company has introduced the kinder toys within the chocolates and strategies such as blue chocolates and pink chocolates aimed at boys and girls respectively. In addition, the company also has conducted several marketing events. For instance, in the 2016, the company initiated an innovative platform for storytelling, namely ‘The Kinder Joy story station’ to increase brand engagement. This platform resulted in the company receiving over 2.2 million calls in three months. Such advertising and marketing strategies are bound to increase the demand for chocolate confectionery products over the forecast period.

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

Further Key Findings From the Study Suggest:

Countlines market accounted for the largest share in 2016. Countlines are patronized by the modem eat-on-the-move, modem snacking consumer with informal eating patterns.
Dark chocolate is likely to witness the fastest growth over the forecast period as it is considered a healthier option with lower calories as compared to milk and white chocolates.
Asia Pacific is anticipated to witness substantial growth over the forecast period, owing to large population base and rising disposable income in the region. In addition, several large international players are setting up local manufacturing, production & storage facilities in varied countries in this region such as India and China.
Major players of the market include, Mars, Inc., Mondelēz International, Inc., Nestlé S.A., the Ferrero Group, and The Hershey Company.

Pet Food Ingredient Market Worth $59.45 Billion By 2025

The global pet food ingredients market size is expected to reach USD 59.45 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 5.9% during the forecast period Increasing pet ownership is one of the key trends escalating market growth.

dog and a cat are eating together from a bowl of food. Concept cat and dog friendship

Rendered protein meals such as fishmeal, poultry by-product meals, and meat and bone meal are universally used in companion animal’s feed owing to protein-rich content along with a good balance of amino acids. Balancing essential and conditionally essential fatty acids is an important factor for the selection of specific fats in a diet regime.

The global sales of dog foods with probiotics exhibited a whopping 139.0% growth from 2017 to 2018. Superfood is witnessing strong growth in sales, including 2.0% sales growth for pet foods with blueberry, 8.0% for cranberry, and 13.0% for sweet potato. Increasing focus on nutrition of companion animals and rising consumer willingness to spend on pet care are anticipated to drive the market at a healthy growth rate over the coming years.

Rising number of hypermarkets along with pet specialty stores resulted in development of distribution channels, which is augmenting the global pet food ingredient market. Key manufacturers are involved in marketing and educational campaigns to increase consumer awareness regarding benefits of nutritious ingredients, which is likely to propel the market over the coming years.

Some of the major players in the market are Diana Pet Food; AFB International; Kemin Industries; Lallemand, Inc.; Vitablend USA; American Dehydrated Foods, Inc. (ADF); Alltech; Kalsec, Inc.; Ameri-Pac, Inc.; and BTSA.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/pet-food-ingredient-market

Further key findings from the report suggest:

The global pet food ingredient market is likely to generate a demand of 24,600.6 kilotons by 2025
In terms of revenue, Asia Pacific emerged as the fastest growing region in the pet food ingredient market
Asian countries such as India and China are expected to witness notable growth in the coming year