Thursday 21 September 2017

Asia Industrial Fastener Market Is Projected To Reflect USD 44.12 Billion By 2020 : Grand View Research, Inc.

Asia Industrial Fastener Market is expected to reach USD 44.12 billion by 2020, according to a new study by Grand View Research, Inc. Growing automotive demand in light of increasing disposable income of consumers is expected to propel demand for industrial fasteners over the next five years. China dominated the Asia fasteners market in 2013 and the trend is anticipated to continue over the forecast period on account of rapid expansion of domestic manufacturing base. India is expected to witness the fastest growth over the projected period as a result of increasing automotive production. In addition, infrastructure improvement in emerging economies is likely to propel demand for screws, bolts and rivets.

Economic growth and rapid industrialization in China, India, Malaysia, Vietnam, Malaysia and Thailand is anticipated to stimulate investments for construction which in turn is likely to augment industrial fastener market over the projected period.

Increasing use of fasteners in the manufacturing of automotive parts including engine, body, molding, suspension system, frame, body assembling and wheels is expected to drive market growth. Growing production of aircraft parts in China on account of “The 2011 State Council Policy” for aerospace sector is expected to spur market growth. Increasing number of regional manufacturers in China including Shanghai, Chengdu, Xi’an, Jiangxi and Shenyang is further anticipated to boost industrial fastener market over the forecast period. However, rising market share of substitutes such as PU adhesives is anticipated to restrain industrial faster market in the automotive and construction sector over the forecast period.

In depth research report on Asia Industrial Fastener Market:

Further key findings from the study suggest:

·       Asia industrial fastener market demand in construction applications accounted for less than 10% of revenue share in 2013 and is expected to witness the fastest growth on account of rising government expenditure on infrastructure development in China, India and Japan. The commencement of 12th Five Year Plan of Civil Aviation Administration of China (CAAC) resulted in construction of 56 new airports and expansion of 16 airports with a total investment of USD 68.5 billion, thereby boosting construction sector in the country. This in turn is anticipated to boost industrial fastener demand over the projected period.

·       China was the largest industrial fastener market, accounting for more than 40% of revenue in 2013. Growing domestic demand for vehicles due to improving infrastructure conditions coupled with rising disposable income have been key factors responsible for automobile production growth in China. This in turn is expected to boost industrial fastener market over the projected period.

·       Japan is expected to witness growth on account of high penetration of industrial fastener manufacturers in the country and their strategic partnerships with OEM and MRO companies.

·       Key players present in the industrial fastener market in Asia include Micron Precision Screws Ltd., Asia Bolts Industries, Nippon Industrial Fasteners Company, Shanghai Fasteners Company, Kova Fasteners Pvt. Ltd., Avon Industrial Corporation, Beijing Jin Zhaobo High Strength Fastener Co. Ltd, Peaksight Fasteners, Sundaram Fasteners, Ekta Industries, Standard Fasteners Ltd., Caparo, Bossard, Chao Jing Precise Machine Co., Ltd., Ochiai, Japan Power Fastening Co., Ltd, Ranflex Metals, NIFCO. Asian market for industrial fasteners was highly fragmented due to the presence of numerous companies especially in Japan, India and China. Product innovation and formation of strategic alliances with application users are expected to be critical success factors for the market. New product innovation and advanced processing techniques are likely to open new market opportunities over the forecast period.

For the purpose of this study, Grand View Research has segmented the Asia industrial fastener market on the basis of product, application and country:

Asia Industrial Fastener Product Outlook (Revenue, USD Million, 2013 - 2020)

·       Externally threaded
·       Aerospace grade
·       Other standard

Asia Industrial Fastener Application Outlook (Revenue, USD Million, 2013 - 2020)

·       Automotive OEM
·       Machinery OEM
·       Other OEM
·       MRO
·       Construction

Asia Industrial Fastener Country Outlook (Revenue, USD Million, 2013 - 2020)

·       China
·       India
·       Japan
·       South Korea
·       Malaysia
·       Vietnam

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Global Bathroom Vanities Market Anticipated To Reach USD 8.40 Billion By 2020 : Grand View Research, Inc.

The Global Bathroom Vanities Market is expected to reach USD 8.40 billion by 2020, according to a new study by Grand View Research, Inc. Increasing reconstruction and remodeling activities owing to changing consumer preferences is anticipated to spur market growth over the forecast period. Growing demand for functional bathrooms may promote the installation of specialized countertops which incorporate sinks. Advances are expected to driven by rising bathroom remodeling expenditure, which may outpace other housing improvement expenditures.

Proliferation of eco-friendly materials such as engineered stone and recycled glass for countertop applications may drive the bathroom vanities market. Recycled high density polyethylene materials, glass with LED backlighting and high-pressure plastic laminates are various advanced countertop features that are expected to boost volume demand for the material used.

Health concerns due to the use of urea formaldehyde which is a resin used to bind the fibers are expected to hamper market growth through the forecast period. However, the U.S. Environmental Protection Agency (EPA) is currently developing compliance and testing provisions for various standards. Additionally, increasing number of wood products and finished goods in California, are becoming CARB (Califonia Air Resource Board) compliant which is expected to yield opportunities for the bathroom vanities market.

In depth research report on Bathroom Vanities Market:

Further key findings from the study suggest:

The residential application segment accounted for majority of the market in 2013 and is further expected to generate high revenue through the forecast period. Rising demand for new housing and remodeling activities has led to significant increase in the market penetration in the residential sector. Design trends for large storage cabinets and medications are also to promote gains.

Non-residential application segment is expected to witness growth over the forecast period. Rising healthcare, offices, education, and retail shop construction spending is expected to support demand for bathroom vanities, as these structures incorporate secure storage with lesser space requirements.

Asia Pacific accounted for over 30% of the overall market share in 2013 and is expected to witness high growth due to rapid installations of cabinets in new and existing homes as well as non-residential buildings. China is expected to witness robust demand; growing urbanization is expected to support infrastructure development in the region. North America is expected to witness high growth due to rising consumer demand towards premium bathroom features.

Notable companies operating in the bathroom vanities market include Masco, MasterBrand, American Woodmark, RSI Home Products etc. Key market participants invest heavily in R&D to offer product differentiation as well as cost-effective bathroom solutions to enhance market share and leverage through branding.

For the purpose of this study, Grand View Research has segmented the global bathroom vanities market on the basis of material, application and region:

Bathroom Vanities Material Outlook (Revenue, USD Million, 2012 - 2020)

·       Stone
·       Ceramic
·       Glass
·       Wood
·       Metal

Bathroom Vanities Application Outlook (Revenue, USD Million, 2012 - 2020)

·       Residential
·       Non-Residential

Bathroom Vanities Regional Outlook (Revenue, USD Million, 2012 - 2020)

·       North America
°        U.S.
°        Canada
·       Europe
°        Germany
°        UK
·       Asia Pacific
°        China
°        India
°        Japan
·       Latin America
°        Brazil
°        Mexico
·       MEA

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Global Carbon Nanotubes (CNT) Market Worth Over USD 3.42 Billion By 2022 : Grand View Research, Inc.

Global Carbon Nanotubes (CNT) Market is expected to reach USD 3.42 billion by 2022, according to a new study by Grand View Research, Inc. Increasing application scope of CNT in end-use industries including polymers, electronics, energy, marine, aerospace and automotives is anticipated to drive market growth over the forecast period. Government of China, Japan, U.S. and India have increased funding aimed at promoting nanotechnology at domestic level which is expected to open new avenues for CNT market over the next seven years.

Polymers were the largest application segment, accounting for over 60% of global CNT market volume in 2014. CNT are increasingly being fortified in polymers such as composites and plastic derivatives for improving electrical, thermal and mechanical strength of the end product. Growing application of polymers in construction, automotive and consumer goods industry is anticipated to have a positive impact on CNT market over the forecast period.

In depth research report on Carbon Nanotubes (CNT) Market:

Further key findings from the study suggest:

·       Global CNT market demand was stood at 5,064.1 tons in 2014 and is anticipated to exceed 20,000 tons by 2022, growing at a CAGR of over 18% from 2015 to 2020.

·       Multi walled carbon nanotubes (MWCNT) was the largest product segment, accounting for majority market volume in 2014. Lower price in comparison to other CNT products is expected to promote market growth.

·       Asia Pacific was the largest CNT market, accounting for over 40% of global volume in 2014. Growing plastic and composite industries in China and India on account of increasing domestic demand coupled with low manufacturing cost as compared to North America and countries of EU is anticipated to augment CNT market. Positive electronics industry outlook in China, South Korea, Singapore, Taiwan and Japan is expected to significantly impact CNT market over the next seven years.

·       Global CNT market was dominated by four companies, Showa Denko, Nanocyl, CNano Technology and Future Carbon, accounting for the lions share in 2014. Product innovation through increased R&D expenditure is anticipated to remain a key critical success factor for CNT market over the forecast period. High manufacturing cost is expected to remain a key challenge for CNT market players.

For the purpose of this study, Grand View Research has segmented the global CNT market on the basis of application and region:

Global CNT Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·       Single Walled Carbon Nanotubes (SWCNT)
·       Multi Walled Carbon Nanotubes (MWCNT)

Global CNT Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·       Polymers
·       Energy
·       Electrical & Electronics
·       Others

Global CNT Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·       North America
°        U.S.
·       Europe
°        Germany
·       Latin America
°        Brazil
·       Asia Pacific
°        China
°        Japan
·       MEA

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Thursday 7 September 2017

Rare Earth Elements Market Hit $10.96 Billion By 2020 : Grand View Research, inc.

The global rare earth elements market is expected to reach USD 10.96 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for metal catalysts such as Cerium and Lanthanum  is expected to drive the market over the next six years. These metal catalysts find applications across a host of industries including automobiles, metallurgy, phosphors and glass among others. In addition, growing market for permanent magnets is expected to particularly boost the demand for Neodymium.

Certain rare earth elements such as terbium, europium and yttrium find applications in the phosphor industry. Phosphor is a vital component in the manufacturing of LCD screens and CRT displays, the growing electronic industry; particularly in Asia Pacific is expected to increase the demand for these elements. Depleting reserves, stringent regulatory framework, complex extraction and capital intensive nature of the extraction process are expected to be key challenges for market participants over the next six years. Recycling of these elements from waste could prove to be a key opportunity for the market in the near future.

In depth research report on Rare Earth Elements Market:


Further Key findings from the study suggest:

·       Cerium dominated the global market and accounted for nearly 40% of rare earth element consumption in 2013, finding a surge in demand as a catalyst. Other predominantly consumed elements include Lanthanum, Neodymium, Praseodymium and Yttrium among others.

·       Key applications of rare earth elements include metallurgy, polishing, catalyst and magnets. Magnets and metallurgy was the largest application segment for the market and together accounted for over 40% of consumption in 2013. Metallurgy is expected to witness fastest growth over the forecast period due to the use of elements such as cerium, lanthanum, neodymium and yttrium, which are primarily added to improve physical properties of the metal.

·       Asia Pacific was the largest consumer of rare earth elements in 2013, with estimated market revenue of over USD 3.74 billion. The region is also expected to witness fastest growth in terms of consumption, at an estimated CAGR of 11.9 % from 2014 to 2020. Growing industrialization and extraction activities in China are the primary factors responsible for high growth in Asia Pacific.

·       North America was the second largest consumer of rare earth elements in 2013 and consumed over 14 kilo tons. However, the region is expected to lose market share to the high growth regions of Latin America, Middle East and Asia Pacific over the forecast period.

·       Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co and China Rare Earth Holdings were the largest suppliers of rare earth element in 2013, together accounting for over 33% of total market revenue. Other key companies in the market include Indian Rare Earths Ltd, Molycorp, Great Western Mineral Group and Lynas Corporation Limited among others.

Grand View Research has segmented the global rare earth elements market on the basis of products, application and region:

Rare Earth Elements Product Outlook

        • Cerium
        • Dysprosium
        • Erbium
        • Europium
        • Gadolinium
        • Holmium
        • Lanthanum
        • Lutetium
        • Neodymium
        • Praseodymium
        • Promethium
        • Samarium
        • Scandium
        • Terbium
        • Thulium
        • Ytterbium
        • Yttrium

Rare Earth Elements Application Outlook

        • Magnets
        • Catalysts
        • Metallurgy
        • Polishing
        • Glass
        • Phosphors
        • Ceramics
        • Other

Rare Earth Elements Regional Outlook

        • North America
        • Europe
        • Asia Pacific
        • RoW

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Tuesday 5 September 2017

Ceramic Tiles Market - Global Industry Analysis, Size and Forecast 2012-2020

Global Ceramic Tiles Market is expected to reach USD 125.32 billion by 2020, according to a new study by Grand View Research, Inc. Construction industry growth in BRICS coupled with rising demand for new residential structures in emerging markets of China and India due to urbanization is expected to drive market demand for ceramic tiles over the forecast period. Stringent environment regulations pertaining to carbon emissions caused during the production of ceramic tiles has forced market players to increase their R&D expenditure on eco-friendly products, which is likely to open new market avenues in the near future.

Residential replacement was the largest application, accounting for more than 50% of market volume in 2013. Growing demand for durable material coupled with rising awareness towards personal hygiene is expected to augment ceramic tiles demand in residential replacement over the forecast period.

In depth research report on Ceramic Tiles Market:

Further key findings from the study suggest:

·       Global ceramic tiles market demand was 12,328.3 million square meters in 2013 and is expected to reach 21,822.7 million square meters by 2020, growing at a CAGR of 8.5% from 2014 to 2020.

·       Floor tiles were the largest product segment for ceramic tiles market, accounting for over 50% of market volume in 2013. Emergence of floor tiles as a replacement for hardwood and other flooring options on account of superior properties such as high durability, frost & thermal shock resistance is expected to have a positive impact on ceramic tiles market in the near future.

·       Asia Pacific was the largest ceramic tiles market, exceeding 60% of global volume in 2013. Government of India and China have increased spending on infrastructure improvement, which is expected to promote the demand for residential and commercial structures and boost ceramic tiles market over the forecast period.

·       Emergence of West Africa as a manufacturing hub for ceramic industry on account of growing domestic demand for ceramics in household and building applications in countries such as Nigeria is expected to have a positive impact on market. Low manufacturing cost as compared to countries of North America and Europe has forced numerous ceramic manufacturers to commence production in West Africa. In December 2013, West African Ceramics Ltd. (WACL) announced an investment of over USD 50 million to commence production of ceramic tiles in Nigeria.

·       Global ceramic tiles market is fragmented in nature due to presence of numerous companies operating across the world. Key market participants include Crossville Inc., Saloni Ceramica, and China Ceramics.

For the purpose of this study, Grand View Research has segmented the global ceramic tiles market on the basis of product, application and region:

Global Ceramic Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)

·       Wall Tiles
·       Floor Tiles
·       Others

Global Ceramic Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)

·       Residential Replacement
·       New Residential
·       Commercial
·       Others

Global Ceramic Tiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)
·       North America
                  ·       US
·       Europe
                  ·       France
                  ·       Italy
·       Latin America
                 ·        Brazil
·       Asia Pacific
                ·         China
                ·         India
·       RoW
                ·         Iran

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit:
http://www.grandviewresearch.com/