Agricultural Films Market Demand Is Expected To Reach 8.28 Million Tons By 2024, Growing At A CAGR Of 5.4% From 2016 To 2024: Grand View Research, Inc.

The global agricultural films market is expected to reach USD 13.85 billion by 2024, according to a new report by Grand View Research, Inc. Growing population is anticipated to exert pressure on agricultural productivity. These films are used to enhance the productivity and improve crop quality by minimizing soil erosion, providing nutrients, and suppressing weed growth. They are primarily made of polyethylene. Growing consumer disposable income coupled with the rising high-quality crops demand is anticipated to drive the market growth over the forecast period.
Depleting arable land is expected to impact market growth positively over the next eight years. Protective films are placed over soil, covered over greenhouses and wrapped around fodder. Various benefits offered by agricultural films including reducing the risk of seed germination, decreasing soil compaction, raising soil temperature, providing nutrients, and protecting against UV rays. These advantages are expected to raise product demand in near future.
Agricultural films for green house dominated the global demand and accounted for 42.9% of total revenue in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from emerging economies such as China and India.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/agricultural-films-market

Further key findings from the report suggest:

·         The global agricultural films market demand 5.15 million tons in 2015 and is expected to reach 8.28 million tons by 2024, growing at a CAGR of 5.4% from 2016 to 2024

·         Linear low-density polyethylene (LLDPE) was the major raw material segment in 2015 and is expected to reach a market worth USD 7.29 billion by 2024, growing at a CAGR of 8.0% from 2016 to 2024. The high growth may be attributed to the growing demand for these films in Asia Pacific.

·         Low-density polyethylene (LDPE) is projected to grow at a CAGR of 7.3% from 2016 to 2024. The high growth may be attributed to their use in agriculture areas with harsh climatic conditions and limited water supply.

·         Asia Pacific was the leading consumer and accounted for 70.1% of global revenue in 2015 owing to rising consumer disposable income coupled with favorable government initiatives in the agriculture sector.

·         Major companies operating in the global agricultural films industry include AB Rani last Oy, AEP Industries, Al-Pack Enterprises, BASF, Berry Plastic Group, Inc., British Polyethylene Industries PLC, Novamont S.PA, RKW and Triplast Industrier AB.

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Grand View Research has segmented the agricultural films market on the basis of raw material, application and region:
Global Agricultural Films Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Low density polyethylene (LDPE)

·         Linear low density polyethylene (LLDPE)

·         High density polyethylene (HDPE)

·         Ethyl vinyl acetate/ ethyl butyl acrylate (EVA/EBA)

·         Reclaims

·         Others

Global Agricultural Films Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Green house

·         Mulching

·         Silage

Global Agricultural Films Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         North America

·         U.S.

·         Canada

·         Mexico

·         Europe

·         Germany

·         UK

·         France

·         Italy

·         Spain

·         Asia Pacific

·         China

·         India

·         Japan

·         Central & South America

·         Brazil  

·         Middle East & Africa

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Acrylonitrile Butadiene Styrene Market To Exhibit Growth At 6.0% CAGR For Automotive Segment Till 2022: Grand View Research, Inc.

Global acrylonitrile butadiene styrene market is expected to reach USD 34.88 billion by 2022, according to a new report by Grand View Research, Inc. Rising government funding for large-scale infrastructure projects in Asian countries of China, India, and Indonesia is expected to propel construction industry growth which in turn is expected to have a positive impact on product demand over the next seven years.
Increasing need for light weight automobiles on account of need for better fuel efficiency particularly in developed regions including Europe and North America is expected to be a major market driver.
Rising investments for innovative product developments and high-quality manufacturing processes, is expected to augment industry growth over the forecast period. Furthermore, strong economic growth coupled with removal of barriers for foreign investments in India is expected to spur construction sector which in turn will propel product demand over the forecast period.
Countries including India, China and Japan are expected to witness considerable growth in light of expanding product manufacturing base. However, raw material price volatility and availability of numerous biodegradable substitutes is expected to challenge the industry over the next seven years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/acrylonitrile-butadiene-styrene-market
Further key findings from the report suggest:

• Automotive is expected to grow at a CAGR of above 6.0% in terms of volume from 2015 to 2022. Increasing use of the product in various automotive applications including manufacturing of external parts like bumpers, panels and handles due to its rigidity and toughness is expected to have a positive impact on the market over the next seven years.
• Electrical & electronics was one of the largest application segments and was estimated at over 2,100.0 kilo tons in 2014. Growth and development of electronics & electrical segment in China is expected to be the primary driver of this market over the forecast period. In addition, ease of processing and fabrication is expected to augment product demand in this sector over the next seven years.
• China was the largest market, estimated over USD 11.00 billion in 2014. Growing automobile industry, coupled with high infrastructural investment to meet the housing needs of the country is expected to have a positive impact on the products demand over the next seven years.
• The global market for ABS was fairly consolidated with the top four companies accounting for close to 60% of the market in 2014. Key companies in the market include LG Chemical, Chi Mei Corporation, Styrolution, Formosa Plastic Company, Kumho Petrochemical Company, Styron and SABIC.

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Grand View Research has segmented the global ABS market on the basis of application and region: 

Acrylonitrile Butadiene Styrene (ABS) Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Appliances
• Electrical and Electronics
• Automotive
• Consumer
• Construction
• Others

Acrylonitrile Butadiene Styrene (ABS) Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• China
• Asia Pacific
• Japan
• India
• RoW
• Brazil

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Chemical Indicator Inks Market Is Expected To Witness Growth At 8% CAGR In Asia Pacific From 2016 To 2024: Grand View Research, Inc.

The global chemical indicator inks market is expected to reach USD 83.8 million by 2024, according to a new report by Grand View Research, Inc. Increasing need for surgical accessories among various end-use industries such as home healthcare sector, medical facilities, and hospitals is expected to fuel product demand over the next eight years. Environmental norms put forth by various agencies including the EU and U.S. EPA to promote sustainable energy sources as opposed to conventional sources is expected to fuel water-based ink demand particularly in North America and Europe. Rising use of inhalers and prefillable syringes in the biotechnology industry for the manufacturing of numerous drugs is expected to have a positive impact on product demand over the next eight years.
Increasing occurrences of nosocomial diseases in hospitals have led various associations to put forth stringent regulations related to sterilization of products, such as surgical bags, medical pouches, IV & blood containers, and bottles. This, in turn, will fuel chemical indicator inks demand over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/chemical-indicator-inks-market

Further key findings from the report suggest:

·         The global chemical indicator inks market was estimated over 3,300 tons in 2015 and is anticipated to grow at a CAGR of around 7% from 2016 to 2024

·         Water-based inks are expected to witness the fastest growth at a CAGR of around 8% in terms of volume from 2016 to 2024 on account of its environment-friendly nature and stringent regulations put forth by various agencies including the U.S. EPA regarding emissions of volatile organic compounds

·         Use of these products in the steam sterilization process accounted for over 40% of the overall industry in 2015. Safety and hazard-free aspects increase the adoption of this sterilization process and this, in turn, is expected to have a positive impact on the industry over the next eight years.

·         Rotogravure printing process accounted for over 15% of the overall industry in 2015 in terms of revenue. Flexographic printing process is the fastest growing segment owing to its versatility and ease to print on a wide range of substrates

·          IV & blood containers will witness the significant growth in terms of revenue at a CAGR of over 9% from 2016 to 2024. IV & blood containers are largely employed in huge volumes primarily in nursing homes, hospitals, emergency care services, home healthcare sector, and ambulatory medical facilities. Rising use of these containers is expected to fuel the product demand over the next eight years.

·          Latin America currently accounts for a lesser share but is expected to witness considerable growth over the forecast period. Emerging markets such as Brazil and Mexico are anticipated to have a high potential for the product due to rapid expansion of healthcare facilities in these countries

·          Key companies in the market are primarily focused on increasing their global presence through new product launches and mergers & acquisitions.

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Grand View Research has segmented the global chemical indicator inks market on the basis of product, sterilization process, printing process, application and region:
Chemical Indicator Inks Product Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         Solvent-based

·         Water-based

·         UV cured

Chemical Indicator Inks Sterilization Process Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         Steam

·         Ethylene Oxide

·         Vaporized hydrogen & plasma

·         Formaldehyde

·         Others

Chemical Indicator Inks Printing Process Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         Flexographic

·         Rotogravure

·         Screen

Chemical Indicator Inks Application Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         Sterile bags

·         Sterile bottles

·         IV & Blood Containers

·         Prefillable Syringes

·         Pouches

·         Tapes

·         Tags & labels

·         Others

Chemical Indicator Inks Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

·         Latin America

o    Brazil

·         MEA

For press release of this report - http://www.grandviewresearch.com/press-release/global-chemical-indicator-inks-market