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Oleochemicals Market Registering At USD 28.6 Billion By 2025: Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Oleochemicals Market   Size, Share & Trend Analysis Report by Product (Fatty Acid, Fatty Alcohol, Glycerol), By Region and Segment Forecasts, 2019 – 2025 The global oleochemicals market is projected to reach USD 28.6 billion by 2025, according to a new report by Grand View Research, Inc. The global market is anticipated to be driven by growing biochemical product demand in various consumer applications such as personal care, detergents, and food & beverages. Escalating supply-demand gap along with overcapacity issues especially in the Southeast Asian countries such as Indonesia and Malaysia are expected to hinder oleochemicals market growth over the forecast period. Technological innovations and significant developments in the downstream sectors are expected to create lucrative opportunities for industry participants. Fatty acids were the leading oleochemical product consumed and accounted for over 55% of total mar

Solar Tracker Market Demand To Reach 172.0 GW By 2025: Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Solar Tracker Market   Size, Share & Trends Analysis Report By Technology (Solar PV, Concentrated PV, Concentrated Solar Power), By Product (Single Axis, Dual Axis), By Application, By Region, And Segment Forecasts, 2019 – 2025 The global solar tracker market demand is expected to reach 172.0 GW by 2025, expanding at a volume-based CAGR of 32.0%, according to a new report by Grand View Research, Inc. Solar tracker is installed on a photovoltaic (PV) system to get an increased energy output during the day. The PV system helps to minimize the angle of incidence between incoming light and panel, thereby increasing the amount of energy produced. The single axis segment is predicted to have the highest growth over the forecast years and is projected to witness a revenue-based CAGR of 30.6% from 2019 to 2025. Single axis tracker is economical than dual axis tracker and easy to maintain. The market is expected to witness substanti

Eyewear Market Analysis ,Future Scope And Forecast To 2025 : Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Eyewear Market   Size, Share & Trends Analysis Report By Product (Contact Lenses, Spectacles, Sunglasses), By Distribution Channel (E-Commerce, Brick & Mortar), By Region, And Segment Forecasts, 2019 – 2025 The global eyewear market size is expected to reach USD 215.30 billion by 2025, at a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Surging demand for premium and personalized eyewear is expected to drive the growth. Advancements such as 3D printed eyeglasses, electronic focusing glasses, and Augmented Reality (AR) glasses have enabled manufacturers to introduce multiple categories of eyewear products best-suited for buyers. Vendors are making huge investments in R&D to introduce innovative products that meet the functionality and design needs of customers.  Development of electronic focusing eyeglasses, aimed at reducing the need for multiple bifocals and omnifo

Intumescent Coatings Market Is Projected To Reach Approximately USD 1.31 Billion By 2025 : Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Intumescent Coatings Market   Size, Share & Trends Analysis Report By End Use (Oil & Gas, Construction), By Application (Hydrocarbon, Cellulosic), By Technology (Epoxy-, Water-, Solvent-based), And Segment Forecasts, 2019 – 2025 The global intumescent coatings market size is expected to reach USD 1.31 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% over the forecast period. Extensive usage of passive fire protection for steel structures used in offshore and onshore extraction and purification and refining in the oil & gas industry is the key factor boosting the market growth. In addition, rising shale gas exploration coupled with expanding oil & gas industry in Asia Pacific is expected to propel demand over the forecast period. The industry is characterized by the presence of a large number of raw material suppliers leading to an increase in the sw

Castor Oil And Derivatives Market Size Is Expected To Reach USD 2.0 Billion By 2025 : Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Castor Oil & Derivatives Market   Size, Share & Trends Analysis Report By Product (Sebacic Acid, 12 HSA, Ricinoleic Acid, Castor Wax, Undecylenic Acid), By Application, By Region, And Segment Forecasts, 2019 – 2025 The global castor oil and derivatives market size is expected to reach USD 2.0 billion by 2025, expanding at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a fast pace owing to increasing demand from end-use industries, especially biodiesel, cosmetics, and pharmaceutical. The growth in the market can be attributed to increasing demand for biodegradable and sustainable products on account of shifting industry trends toward reducing the dependency on petrochemicals. Mounting preference of end-use manufacturers toward bio-based chemicals can be attributed to the fluctuating prices of petrochemical-based products, which are a result of the demand-suppl

Organic Tobacco Market Expected To Expand At A CAGR of 7.4% Through 2025 : Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Organic Tobacco Market   Size, Share & Trends Analysis Report By Product (Flue-cured, Sun Cured, Fire Cured), By Application (Smoking, Smokeless), By Region, And Segment Forecasts, 2019 – 2025 The global organic tobacco market size is expected to reach USD 233.5 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.4% during the forecast period. The emergence of organic tobacco as key alternative to the conventional cigar and cigarettes owing to its low nicotine and sugar content is projected to remain a favorable growth driver. Over the past few years, anti-tobacco activists have been claiming that moderate consumption of organic cigarettes will help quit smoking. Asia Pacific is expected to remain the fastest growing segment, witnessing a CAGR of more than 8% from 2019 to 2025, attributed to the shifting inclination of consumers towards roll-your-own cigarette pr

Dairy-Free Ice Cream Market To Rear Excessive Growth At USD 1.2 Billion By 2025 : Grand View Research Inc.

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San Francisco, 26 December 2019:   The Report   Dairy-Free Ice Cream Market   Size, Share & Trends Analysis Report, By Source, By Flavor (Chocolate, Vanilla), By Distribution Channel (Supermarket/Hypermarket, Online), And Segment Forecasts, 2019 – 2025 The global dairy-free ice cream market size is expected to reach USD 1.2 billion by 2025, expanding at a CAGR of 14.8% in the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness about health issues due to lactose present in the milk is propelling the demand for vegan ice cream. Coconut is a major source for the production of vegan ice cream and it accounted for 37.4% share of the overall revenue in 2018. Easy availability and increasing consumer demand are expected to fuel the demand for coconut milk in vegan ice cream market in the forecast period. Almond milk is the fastest growing segment among all the sources, expanding at a CAGR of 15.8% in the forecast period. Nutritional bene