Steel Market Is Anticipated To Grow At A 2.6% from 2014 to 2025: Grand View Research, Inc.

 The global steel market is expected to reach USD 1.01 trillion by 2025, according to a new report by Grand View Research, Inc. Growing inclination of contractors towards sustainable, low cost and durable building materials is driving steel demand in upcoming residential projects & industrial infrastructure.

Technological advancements have made pre-engineered metal buildings with high structural integrity a reality, where steel plays an essential function in lending stability, aesthetic appeal and design flexibility. Stringent regulations promoting green & energy-efficient buildings is also contributing to steel demand, especially in industrial structures.

The Asia Pacific market is relatively subdued, but displays high growth owing to exponential growth in the Indian market as of 2017 on account of protectionist measures & rising demand. About 1/3rd of Chinese exports are shipped to countries in Southeast Asia owing to anti-dumping policies by western countries, which has contributed to economic growth and infrastructure development in these countries.

Hot rolled products dominated the steel industry with over 75% of the volume share in 2016. These products are widely utilized in automobile structures such as frames, wheel and other parts as well as welding and construction trades among others.

Browse full research report on Steel Market: www.grandviewresearch.com/industry-analysis/steel-market        

                                                                                  

Further key findings from the report suggest:

• The global steel demand exceeded 1.71 million tons in 2016 and is expected to grow at a CAGR of 2.1% from 2017 to 2025
• Steel tubes are anticipated to grow at above 3% CAGR in terms of volume, owing to high demand for underground pipelines in fuel & water transportation
• Cold rolled products are expected to grow at 3.1% CAGR in terms of revenue, owing to their excellent inherent as well as physical properties including high concentricity and tensile strength, straightness and better aesthetic appeal
• Pre-engineered metal building (PMB) structures are increasingly replacing other conventional structures since they are over 30% lighter, providing simpler and lightweight designs
• Steel roofs & walls are expected to grow at a CAGR of 2.7% in terms of revenue; they generally aid in minimizing energy loss, heat gain whilst maximizing thermal comfort and fire safety properties in PMBs
• North America & Europe are expected to remain dominant yet mature steel-consuming regions, owing to market saturation and low construction spending as compared to emerging economies; however, rising housing starts in the U.S. may offer lucrative opportunities for innovative producers & distributors
• Major industry participants include Emirates Steel, Hamriyah Steel FZC, Al Nasser Industrial Enterprises LLC, United Iron & Steel Co., Al Ghurair Iron & Steel Co., Al Rajhi Steel, Absal Steel, ArcelorMittal, Hadeed (SABIC), and Solb Steel Company among others

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials                                                                                       

Grand View Research has segmented the global steel market on the basis of product, application, and region:

Steel Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Hot Rolled Steel
• Cold Rolled Steel
• Direct Rolled Steel
• Tubes
• Other Profiles

Steel Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Pre-Engineered Metal Buildings
• Primary Members
• Secondary Members
• Roofs & Walls
• Panels
• Bridges
• Industrial Structures

Steel Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Mexico
• Brazil
• Middle East & Africa
• Bahrain
• Egypt
• Iran
• Iraq
• Jordan
• Kuwait
• Libya
• Oman
• Qatar
• Saudi Arabia
• Sudan
• Syria
• Turkey
• United Arab Emirates

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-steel-market    

                                            

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Growing Light Weight High Performance Materials Demand In Automotive & Aerospace Industries Will Helping To Grow Metal Matrix Composites Market Till 2022

The global metal matrix composite market is expected to reach USD 433.3 million by 2022, according to a new report by Grand View Research, Inc. Increasing need for high-performance composite metals from automotive, aerospace, and marine industries is expected to fuel the product demand over the forecast period. High malleability, ductility, and tensile strength offered by metal composites make them popular in various application segments including automotive, electronics, and aerospace industries. 

North America metal matrix composite market volume by product, 2012-2020 (Tons)

Increasing need for automotive curb weight reduction to increase fuel-efficiency and reduce pollution is expected to augment composite metal usage in automotive production. Increasing disposable income is expected to fuel high-performance automobile demand over next seven years. High manufacturing costs for metal composites along with limited technological expertise are expected to pose a challenge for market growth over the forecast period. 

North America dominated the overall MMC market and accounted for 34.8% of the total market volume in 2013. Rising demand for high-performance materials from automotive and aerospace industries is expected to remain a key driving factor affecting the MMC market over the forecast period. Asia Pacific is expected to be the fastest growing market on account of rapidly growing automotive and electronics industries. Europe is expected to witness slow growth on account of lower growth rates of end-use industries. 

Browse full research report on Metal Matrix Composites Market: www.grandviewresearch.com/industry-analysis/metal-matrix-composites-mmc-market   

                                                                                  

Further key findings from the report suggest:

• Global metal matrix composites market was 6,174.0 kilo tons in 2014 and is expected to grow at a CAGR of 6.3% from 2015 to 2022
• Aluminum accounted for 36.4% of the total MMC demand in 2014 and was followed by refractory metals
• Refractory matrix metals are expected to be the fastest growing product segment over the forecast period
• Ground transport was the leading application segment in 2014 and is expected to grow at an estimated CAGR of 6.1% from 2015 to 2022
• Electronics/thermal management is expected to be the fastest growing application segment for MMC.
• North America dominated the overall MMC market and accounted for 34.8% of total market volume in 2013. Asia Pacific is expected to be the fastest growing market growing at an estimated CAGR of 7.0% from 2015 to 2022.
• MMC market is moderately concentrated with few multinational players with top five companies accounting for over 65% of the total market share
• Major players operating in the global MMC market include Materion Corporation, Plansee SE, 3M, Sumitomo Electric Industries, Ltd., Sandvik AB, CPS Technologies Corporation, Deutsche Edelstahlwerke GmbH, 3A Composites International AG, GKN PLC, and Hitachi Metals, Ltd.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials                                                                                      

Grand View Research has segmented the metal matrix composite market on the basis of product, end-use and region:

Global Metal Matrix Composite Market Product Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)

• Aluminum
• Nickel
• Refractory
• Others

Global Metal Matrix Composite Market End-Use Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)

• Ground Transportation
• Electronics/Thermal Management
• Aerospace
• Others

Metal Matrix Composite Market Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-metal-matrix-composites-market    

                                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Antifreeze Market Is Predicted To Grow Swiftly Due To Rising Demand In Automotive Industry Till 2025: Grand View Research, Inc.

The global antifreeze market is expected to reach USD 8.76 billion by 2025, according to a new report by Grand View Research, Inc. Growing automotive sector in emerging economies including China, India, Indonesia, South Korea and Mexico is expected to drive market demand.

Rising concerns in protecting automotive engines and radiators against overheating, freezing and corrosion is expected to drive the demand for antifreeze. Increasing demand for passenger cars & light weight commercial vehicles in China & India coupled with favorable government policies on automotive development and manufacturing is expected to create immense market potential.

U.S. antifreeze market, by application, 2014 - 2025 (Million Gallons)

Organic acid technology (OAT) accounted for over 51% of the global volume share in 2016. High demand for coolants based on minimally depleting carboxylate technology as substitutes for conventional antifreeze based on silicates, nitrates, phosphates and amines is expected to translate into rapid industry growth over the forecast period.

Aerospace accounted for the second largest application sector. Growing commercial aerospace subsector coupled with increasing defense budgets by countries including UK, Middle Eastern Countries, Japan, France, India and China will promote industry growth.

Browse full research report on Antifreeze Market: www.grandviewresearch.com/industry-analysis/antifreeze-market 

                                                                                 

Further key findings from the report suggest:

• Ethylene Glycol based antifreeze were the dominant product segment and accounted for 54.7% of the total market share in 2016 owing to increasing usage in deicing, prevention of radiator overheating and protection against radiator freezing.
• Asia Pacific accounted for the largest share in 2016 and is anticipated to show substantial growth considering increasing demand for passenger cars and light commercial vehicles mainly in China and India.
• The European aerospace market is expected to witness the maximum growth owing to the immense investments made in aerospace R&D and presence of abundant players in countries including Germany, France, UK, Sweden and Poland.
• In March 2015, Rechochem launched HD diesel coolants for high heat engines. The company plans on expanding its existent diesel coolant product line by introducing new products using the RECO Blue technology so as to meet the demand and product specifications.

• The industrial heat transfer and cooling system on HVAC equipment market is expected to grow significantly over the forecast period owing to the increasing demand in end use industries including residential, industrial, commercial and automotive. This will drive the demand for antifreeze in HVAC equipment.

• Stringent regulatory framework regarding antifreeze disposal & recycling has compelled manufacturers to adopt environment-friendly, sustainable materials & products in the automotive industry.

• The presence of major players in the market including Royal Dutch Shell, ExxonMobil Corporation, Chevron Philips Corporation, Sinopec, Total S.A., Kost USA, Motul, Ashland Corporation, British Petroleum PLC., Lukoil, Petronas, BASF, Duetsche Pentosin and SONAX is expected to augment industry size.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/advanced-materials                                                                                  

Grand View Research has segmented the global antifreeze market on the basis of product, technology, application, and region:

Product Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2025)

• Ethylene Glycol Based
• Propylene Glycol Based
• Glycerin Based

Technological Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2025)

• OAT (Organic Acid Technology)
• IAT (Inorganic Acid Technology)
• HOAT (Hybrid Organic Acid Technology)

Application Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2025)

• Automotive
• Aerospace
• Industrial heat transfer and cooling systems

Regional Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• Central & South America
• Brazil
• Middle East & Africa 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-antifreeze-market        

                                

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

The global agro textiles market is expected to reach USD 12.77 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for food with growing population has put a lot of pressure on agricultural productivity. Limited availability of land coupled with various natural disasters further reduces the total yield. 

Agrotech aid in improving crop quality and help in increasing overall agricultural productivity. Need to increase crop productivity to fulfill daily demand of growing population has led to the industry growth.

Associations such as Sustainable Agriculture Network (SAN), AGRA (predominant in Africa), and GLOBAL G.A.P. Academy provide expertise to farmers worldwide to set standards and achieve new heights in the field of food development. Prevalence of schemes and certifications given by authorities such as Integrated Farm Assurance (IFA), The International Gold Standard in Farm Certification, and GFSI schemes in agriculture have improved standardization in products and production methods.

The demand for shade nets are mostly dependent on its usage in horticulture and floriculture. Technological advancements in horticulture coupled with development of particle, multilayer and UV protection films, in order to improve yield productivity is anticipated to boost market growth for shade net products over the estimated period.

Browse full research report on Agro Textiles Market: www.grandviewresearch.com/industry-analysis/agro-textiles-market 

                                                                               

Further key findings from the report suggest:

• The global agro textiles demand was 1,489.9 kilo tons in 2016 and is estimated to grow at a CAGR of 4.4% from 2017 to 2025
• The global mulch mats demand was over 185 kilo tons in 2016 and is projected to witness moderate growth over the next eight years
• The fishing nets segment in India is anticipated to reach net worth exceeding USD 1.54 billion by 2025
• Agriculture application segment in China accounted for 15% in 2016 and is expected to witness the same trend over the forecast period
• Aquaculture is projected to emerge as the fastest application segment growing at a CAGR of 5% in terms of revenue from 2017 to 2025
• Demand for aggrotech products for animal husbandry in the Middle East & Africa was 3.8 kilo tons in 2016 and is anticipated to grow at a CAGR of 2.4% over the upcoming years
• Major companies actively operating in the industry include Diatex, Capatex, B&V Agro Irrigation Co., Neo Corp International Limited, Beaulieu Technical Textiles, and Belton Industries, Inc.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/smart-textiles 

                                                                              

Grand View Research has segmented the global agro textiles market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Shade-nets
• Mulch-mats
• Anti-hail nets and bird protection nets
• Fishing nets
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Agriculture
• Horticulture & Floriculture
• Aquaculture
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Spain
• Italy
• Asia Pacific
• China
• Japan
• India
• Indonesia
• Central & South America
• Middle East & Africa 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-agro-textiles-market   

                                  

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Glue Laminated Timber market Is Predicted To Grow Swiftly Due To Expanding Use For Construction Due To Cost Effectiveness & Durability Till 2025

The global glue laminated timber or glulam market is anticipated to reach USD 8.0 billion by 2025, according to a new report by Grand View Research, Inc. The global sustainability concerns along with the persistent energy crisis are among the major factors that are expected to propel market growth over the years to come. The transition from concrete- and steel-based construction to wood building materials is set to actuate demand from the market over the next eight years.

Significant attributes such as high insulation, promising thermal performance, as well as high chemical resistance, are projected to influence the market positively. In addition, the advantages such as low cost and ease of construction offered by glulam relative to other building materials have made it affordable for all consumer segments.

The demand for wood-based residential buildings, including single-family homes and multifamily apartments, is increasing due to their aesthetic appeal and design flexibility. Various benefits, such as improved fire resistance and durability, of the product are expected to augment market growth over the forecast period.

Residential and commercial segments are expected to collectively account for around 80% of the global market revenue by 2025. The growing demand from these segments is attributed to the low cost of construction and easy maintenance of glue laminated timber. Innovations in building and design technologies are projected to boost the demand for glulam products over the forecast period.

Asia Pacific is likely to emerge as the leading region owing to the growing popularity of glue laminate as a building material, along with various government regulations. Growing number of manufacturers of the product in North America and growing research & development for technological advancements are expected to propel the market. Easy availability of timber in forests of Central European countries and the presence of advanced timber processing industries are the prime factors responsible for market growth in Europe. Countries like Canada, the U.S., Italy, Japan, Australia, and China are rapidly developing markets for glue laminated timber.

Browse full research report on Glue Laminated Timber market : www.grandviewresearch.com/industry-analysis/glue-laminated-timber-market 

                                                                     

Further key findings from the report suggest:

• The market is likely to register a CAGR of 5.9% in terms of value from 2017 to 2025 on account of growing concerns regarding environmental degradation as well as increasing awareness among consumers. The residential segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to the expanding application scope in the sector for glulam due to its aesthetic appeal.
• Europe was valued at USD 2.13 billion in 2016 and is expected to witness significant consumption in the future, aided by the presence of Italy and Germany as major markets for glulam
• Key market players include Boise Cascade Co.; Calvert Company, Inc.; Pfeifer Holz GmbH; Setra Group AB; Canfor Corporation; Schilliger Holz AG.; Structurlam; Mayr-Melnhof Holz Holding AG; Binderholz GmbH; B & K Structures; Eugen Decker Holzindustrie KG; and Meiken Lamwood Corp. The companies mainly focus on extensive innovation and increasing their production capacities to meet the global demand.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/green-building-materials 

                                                                     

Grand View Research has segmented the glue laminated timber market on the basis of application and region:

Application Outlook (Volume, Million Cubic Meters; Revenue, USD Million; 2014 - 2025)

• Residential
• Commercial
• Others

Regional Outlook (Volume, Million Cubic Meters Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• Italy
• France
• Austria
• Rest of Europe
• Asia Pacific
• Japan
• China
• Australia
• Rest of Asia Pacific
• South & Central America
• The Middle East and Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-glue-laminated-timber-market   

                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Photocatalyst Market Is Predicted To Grow Swiftly Due To Rising Penetration Of Photocatalyst In Air And Water Purification Till 2025: Grand View Research, Inc.

The global photocatalyst market is expected to reach USD 4.58 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for photocatalysts as a self-cleaning material in construction industry owing to their low maintenance cost is expected to propel growth.

At present, the industry is in its nascent stage, with few manufacturers. Japan is expected to lead the industry, owing to the early adoption of the technology. In addition, high investment in R&D pertaining to the product coupled with several patents by the Japanese researchers are key factors contributing to the high growth.

The industry was dominated by the TiO₂ photocatalysts, owing to early research on this product. However, initiatives taken by the manufacturers to develop innovative photocatalysts materials using zinc oxide (ZnO), and cadmium sulfide (CdS) is likely to challenge the existing material and open new avenues for the industry growth over the projected period.

The product has the ability to decompose organic compounds, which makes them suitable for air purification and water treatment application. Furthermore, in building and construction, the technology through its self-cleaning mechanism acts as a barrier for dust and stains, which is expected to propel growth over the next eight years.

High initial investment in the commercial manufacturing of photocatalysts coupled with proprietary on the existing technology by the manufacturers and researchers are expected to be the key barriers for the new entrants. However, wide scope in R&D for innovative technology development is expected to compel new players to invest in the business.

Browse full research report on Photocatalyst Market: www.grandviewresearch.com/industry-analysis/photocatalyst-market                                                                     

Further key findings from the report suggest:

• Titanium dioxide accounted for over 85% of the global demand as the compound is inexpensive, and has a high chemical stability on account of which it is a preferred material as a photocatalyst in several application industries
• Self-cleaning application dominated the industry and is expected to be the fastest growing application, accounting for 51.9% of the overall demand in 2016 owing to its superior property including eliminating unwanted plants
• The demand in Europe was valued at USD 400.8 Million in 2016 and is expected to witness significant growth over the projected period owing to economic recovery and growing building & construction industry in the region
• Japan is projected to witness a growth of 9.2% over the forecast period with the industry growth primarily driven by self-cleaning owing to increasing technological advancements in the sector

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/nanoparticles                                                                     

Grand View Research has segmented the photocatalyst market on the basis of material, application, and region:

Material Outlook (Revenue, USD Million, 2014 - 2025)

• Titanium Dioxide
• Zinc Oxide
• Others

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Self - Cleaning
• Air Purification
• Water Purification
• Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Japan
• Rest of Asia Pacific
• China
• India
• Rest of World

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-photocatalyst-market  

                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com