Cellulose Esters And Ethers Market Size Worth $7.8 Billion By 2027

The global cellulose esters and ethers market size is anticipated to reach USD 7.8 billion by 2027, expanding at a revenue-based CAGR of 4.9%, according to a new report by Grand View Research, Inc. The market is expected to be driven by growing demand for products in the cigarette filters, textiles and apparel, photographic films, and food and beverage industries, specifically in emerging economies of Asia Pacific.

Developed economies such as North America and Europe are projected to emerge as prominent markets. Lack of time and rising consumer purchasing power in these regions have resulted in an increased demand for baked food products and convenience foods. In addition, the growing number of product-specific bakeries is expected to foster emulsifier manufacturers to incorporate cellulose-based esters and ethers in their product line.

Cellulose esters and ethers are primarily employed in personal care products such as body lotions, shampoos, face creams, and cold creams owing to their excellent binding, thickening, stabilizing, and moisturizing properties. In addition, increasing product consumption in toothpaste for imparting a smooth texture, improving salt tolerance, and enhancing acid resistance is projected to drive the market.

Cellulose acetate is widely utilized in manufacturing cigarette filters. Key players are concentrating on flavored tobacco products, including flavored smokeless tobacco, e-cigarettes, cigarillos, and hookah, due to their growing popularity across the globe. It also finds applications in numerous printing platforms, including rotogravure, offset, inkjet, and flexographic. Increasing demand for inks for packaging and printing products like newspapers, magazines, and books in China, India, and Vietnam is projected to bolster market growth.

Methylcellulose acts as a binder, film former, preservative, thickener, and retarder in addition to promoting air entrainment in various applications of the construction sector. It is used in building materials such as cement-based tile grouts, cement-based plasters, tile adhesives, and mortars for the skim coat. Rising infrastructural activity in economies such as Saudi Arabia, China, India, and Brazil is anticipated to drive product demand in the construction sector over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/cellulose-ester-market

Further key findings from the report suggest:

Kraft process is projected to sustain the largest market share throughout the forecast period and accounted for over 83.0% of the revenue in 2019
Cellulose acetate is anticipated to emerge as the largest product segment owing to the growing production of cigarettes
The cellulose nitrate segment was valued at USD 778.4 million in 2019, and it is expected to emerge as the fastest-growing product from 2020 to 2027
Cigarette filters application is predicted to dominate the cellulose esters and ethers market while the valuation of cigarette filters application is projected to exhibit a CAGR of 4.4% from 2020 to 2027
Asia Pacific is expected to emerge at the highest CAGR on account of increasing end-use industries in the region.

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

Cellulose Fibers Market Size To Reach $48.37 Billion By 2025

The global cellulose fiber market size is expected to reach USD 48.37 billion by 2025, at a CAGR of 9.1% according to a new report by Grand View Research, Inc. The increasing gap between the demand and production of natural cellulose fibers across various end-use industries is the major factor for the growth of the market. In addition, the rise in textile & apparel industries in developing and emerging economies is also anticipated to fuel the global market growth.

Natural fibers have been one of the most essential needs of mankind to survive and thrive since time immemorial and it will continue to do so. Modern times has brought several changes in the way we use natural fibers and has increased our potential to use it effectively while we go on about our day-to-day lives. Cellulose fiber forms a major part in this natural fiber market and has proved important to increase the demand in the market manifolds.

Natural fibers are widely used in textile industries since ages. Wool, hemp, and flax derived from vegetable & plants are the oldest fibers used in textile. Initially, these fibers were discovered in South East Asia and Egypt. With improved communication and transportation, skills related to textile manufacturing spread across the globe and were adapted according to the capabilities and needs of the various nations. During the industrial revolution, the machines used for processing natural fibers were encouraged, resulting in the upsurge in fiber production.

Cellulose is a polymeric sugar polysaccharide made up of repeating 1,4-8-an hydro glucose units connected to each other by 8-ether linkages. Strong intermolecular forces between chains, coupled with the high linearity of the cellulose molecule, account for the crystalline nature of cellulosic fibers. Cellulose is an important structural component of the primary cell wall of green plants, many forms of algae and the oomycetes.

Cellulose is the most abundant organic polymer on Earth. The cellulose content of cotton fiber is 90%, that of wood is 40–50%, and that of dried hemp is approximately 57%.

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https://www.grandviewresearch.com/industry-analysis/cellulose-fibers-market

Further key findings from the report suggest:

Asia Pacific is the largest market for cellulose fibers closely followed by Europe. Fibers manufactured, consumed, and exported by countries present in the Asia Pacific have been established in the upper-quality segment of the world of textile fibers. China, India, Japan, South Korea, Pakistan, Taiwan, and Indonesia are the major market in the region. These countries are involved in manufacturing and trade of fibers, which are used across various end-use industries. Vietnam and Bangladesh are the potential future market for the product. Population growth and rise in the per-capita income in the Asian markets are the major factors for the growth in the region. Textile & industrial sector was the largest segment for the cellulose fibers globally. Textile is the largest sector to hold the usage of cellulose fiber and it can be seen from the below pie chart.
Overall industry is fragmented and competitive in nature with large as well as small players in the market. Major participants include Lenzing AG, Sateri, Kelheim Fibres GmbH, Grasim Industries Limited, Fulida Group Holdings Co., onLtd, China Bambro Textile (Group) Co. Ltd, CFF GmbH & Co. KG, CreaFill Fibers Corporation, International Paper, and GrupoSniace.
The natural origin cellulose fibers have outstanding properties for instance, moisture management and absorbency. The production process for these man-made fibers provides them purity and, uniform quality. In addition, they are cost-effective, have low density, eco-friendly, and biodegradable. Demand in the textile industry and rising prosperity will drive the growth of the cellulose fiber industry.

Organic Peroxide Market Worth $1.20 Billion By 2025

The global organic peroxide market size is expected to reach USD 1.20 Billion by 2025, at a CAGR of 4.3%, according to a report by Grand View Research, Inc. Rising consumer preference towards designer apparels as well as expansion of manufacturing facilities to cater to the global demand for polymers is expected to remain a crucial factor for the product’s growth.

Organic Peroxide finds its major application in industries which caters to uninterrupted manufacturing and production of textiles, polymers, and paper & pulp. Shift in global trends that constitutes development of existing infrastructure in emerging economies, will act as a major driving force for plastic materials. China’s strong position in Asia Pacific will continue to remain in sight, on account of growing industrial complexes and rising demand for plastic products in international markets that are driven by low price, and easy availability.

Growing population globally, aided with rapid adaptation of urban fashion is expected to play a major role in determining the demand of apparel over the next few years. Emerging economies such as China, India and Bangladesh are one of the major exporters of finished textiles on a global scale. The above-mentioned factors, are anticipated to play a crucial role in increasing demand for peroxide over the forecast period.

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http://www.grandviewresearch.com/industry-analysis/organic-peroxide-market

Further key findings from the report suggest:

Benzoyl peroxide was the dominant product segment and valued at USD 307.3 Million in 2016 on account of predominant consumption of the product in textile industry. The high demand for apparels and household textiles will lead to substantial demand for organic peroxide.
Polymer sector is projected to foresee revenue growth at an estimated CAGR of 4.4% from 2017 to 2025. The growing popularity of plastic based product, on account of expanding construction activities and rising household demand in both developed and emerging economies is expected to surge the requirement for organic peroxide over the next eight years.
Organic peroxide in personal care sector accounted for a market share of USD 152 million in 2016, and is expected to grow at a CAGR of 3.7% till 2025. Growth of halal based cosmetics in the Middle East countries including Saudi Arabia, Iran, and Jordan as a result of product innovation by personal hygiene manufacturers is expected to open new markets for peroxides.
Textile was the largest application segment, accounting for 28.02% of the overall share in terms of volume in 2016

North America was the second-largest organic peroxide market and accounted for 17.69% of the overall volume in 2016. The region is, however, anticipated to record a mild decline over the next eight years on account of global shift of major manufacturing firms towards Asia Pacific
Key industry participants include BASF, AkzoNobel, Arkema, Evonik, and Dow Chemicals.
In May 2017, AkzoNobel enlarged its business portfolio by completing an expansion project for Polymer Chemistry production facility in Los Reyes, Mexico. The expansion is expected to increase the company’s peroxyester capacity in North America by 40%.
In March 2016, United Initiators (UI) and Wanhua Chemical Group (Wanhua) entered into a joint venture to form a company named UI Wanhua (Yantai) Peroxide Co. Ltd. The entire focus of the joint venture is to focus on the production and sales of organic peroxides, starting with the key raw material TBHP‐70‐AQs

Home Decor Market Size Worth $1.0 Trillion By 2025

The global home decor market size is expected to reach USD 1.0 trillion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.6% over the forecast period. Several factors including increasing preference for luxury lifestyle as a result of the influence of western culture and growing interior designing market are expected to boost the market growth in the near future.

Growing urbanization has resulted in increased urban dwellers. According to United Nations, 55% of the population is living in urban areas in 2018. As a result of growing urbanization, consumers are expected to build their homes according to the standard of their society and therefore are willing to choose creative and innovative home decor products.

In addition, growing working population, particularly women, has induced the consumers to invest in these products owing to increasing purchasing power. Therefore, growing urban population will pose a positive effect on the demand for home décor products in the forecast period. Moreover, globalization has resulted in presence of a wider market for consumers, which facilitate easy product availability with a variety of products across various distribution channels.

In 2018, furniture was the largest product segment in the home decor market on account of being an integral part of every house subject to seating, relaxing, and storing. Influence of the western culture plays an important role in increasing the adoption of modular kitchen and wardrobes. This shifting trend has built up a market for non-wooden furniture on account of rising popularity of eco-friendly products.

Therefore, new furniture are manufactured in the market with different raw materials such as leather, metal, glass, and other alternatives such as pine wood in combination with wood. Furthermore, increasing popularity of multifunctional furniture owing to less storage space and greater convenience is boosting the growth of furniture in the market.

Indoor was the largest application segment in 2018 owing to its increasing application in different locations of the house such as bedroom, bathroom, kitchen, living room, and other covered areas inside the home. Shifting trend towards creative and innovative furnishing as well as furniture has influenced the consumers to invest in these products.

For instance, products such as foldable bed cum sofa, and foldable dining table and shelves have been increasingly gaining traction in the market. Moreover, increasing adoption of western culture lifestyle has largely influenced consumers to buy luxury products, particularly for bathroom and bedroom. In addition, increasing usage of upholstery in various applications pose a great potential in the indoor home décor market.

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https://www.grandviewresearch.com/industry-analysis/home-decor-market

Further key findings from the study suggest:

By product, textile is projected to ascend at a CAGR of 7.2% over the forecast period
The indoor application segment dominated the global market with a revenue share of 92.6% in 2018
North America dominated the global home decor market in 2018, accounting for 37.7% share of the overall revenue
The industry is highly competitive in nature with the main players including Inter IKEA Systems B.V.; Kimball International Inc.; Herman Miller, Inc.; home24; Hanssem Corporation; Koninklijke Philips N.V.; and Conair Corporation.

1,4-BDO, PTMEG & Spandex Market Size Worth $24.59 Billion By 2025

The global 1,4-butanediol (BDO), polytetramethylene ether glycol (PTMEG) and spandex market size is expected to reach USD 24.59 Billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.8% during the forecast period. Rapid industrialization and exponential GDP growth in emerging markets such as India, Mexico, Brazil, Indonesia, and Thailand is expected to boost the growth.

Moreover, increasing sports activities and consumer awareness regarding fitness and healthy lifestyles is estimated to drive the market growth over the projected period. Emerging markets from Asia and South America such as China, India, and Brazil are registering high industrial output due to increased economic activity, driving growth of the manufacturing sector.

Most BDO processors are increasingly focusing on sustainable Good Manufacturing Practices (GMPs) and trying to increase efficacy, conserve resources, and utilize available resources in an optimal manner. These initiatives are expected to further boost the global BDO market over the forecast period.

Increasing environmental concerns and depletion of non-renewable resources such as crude oil and natural gas have spurred the development of numerous innovative sustainable technologies that utilize bio-based, renewable resources for BDO and spandex production. Extensive R&D activities and requirement to develop product differentiation are projected to lead to high levels of competition in the market.

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https://www.grandviewresearch.com/industry-analysis/butanediol-polytetramethylene-ether-glycol-spandex-market

Further key findings from the report suggest:

THF accounted for the largest market share of 49.47% in 2018 and is estimated to continue its dominance over the forecast period owing to rising use of the product for production of PTMEG that is a polymer extensively utilized for manufacturing urethane elastomers and fibers
PBT was the second largest application segment with a market share of 22.19% in 2018 and is estimated to expand at healthy CAGR in near future owing to growing demand from end-use industries such as automotive and electrical appliance
Spandex is the largest application sector for PTMEG, expanding at a CAGR of over 8.2% in terms of volume over the forecast period, owing to high demand for the production of flexible sports apparel and textiles coupled with increasing healthcare standards across the globe
Textile accounted for the largest market share in 2018 and is estimated to expand at 8.2% CAGR over the forecast period owing to product innovation and development of non-woven textiles
Saudi International Petroleum Company (Sipchem) is a chemical manufacturing company which is now globally recognized as a chemical manufacturer. The company manufactures markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, vinyl acetate monomer, as well as carbon monoxide through its various affiliates

Silver Nanoparticles Market Size Worth $2.54 Billion By 2022

Global silver nanoparticles market size is expected to reach USD 2.45 billion by 2022, expanding at a CAGR of 17.5%, according to a new study by Grand View Research, Inc. Rising demand for antimicrobial materials in healthcare applications is expected to drive market over the forecast period. Development of high-end electronics coupled with growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.

Healthcare was the largest application segment, accounting for over 30% of global market revenue in 2014. Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population and rise in disposable income is expected to augment market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.

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http://www.grandviewresearch.com/industry-analysis/silver-nanoparticles-market

Further key findings from the study suggest:

Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with growing demand for high-end gadgets is expected to drive market growth
North America dominated the global silver nanoparticles market in 2014 accounting for over 35% of the market in terms of volume and the trend is anticipated to continue over the forecast period. Rising awareness regarding prevention of hospital acquired diseases is expected to play an important role in promoting silver nanoparticles use in medical devices & equipment and textiles
Increasing application scope of silver nanoparticles in children’s toys in order to reduce spread of diseases by minimizing surface antimicrobial activities is expected to open new opportunities for market growth over the forecast period
Emergence of nanofinished textiles for odor control and curb growth of infection causing bacteria is expected to propel market demand
Presence of stringent regulatory framework, particularly in North America and Europe, is anticipated to hamper silver nanoparticles market. Furthermore, numerous studies have been undertaken to ascertain harmful effects of nanosilver to the environment, which is further anticipated to restrain market growth.
Key players present in the global silver nanoparticle market include Emfutur Technologies, Meliorum Technologies Inc, Nanoshel, NanoHorizons and Cline Scientific AB. The market is characterized by companies developing proprietary manufacturing technologies. For instance, Cima Nanotech developed SANTE (Self Assembling Nanotech Technology), an innovative self-assembling coating material.