Press Room

Bathroom and Toilet Assist Devices Market Worth $6.0 Billion By 2025

The global bathroom and toilet assist devices market size is expected to reach USD 6.0 billion by 2025 at a 6.2% CAGR, according to a new report by Grand View Research, Inc. Growth in prevalence of chronic diseases, coupled with aging population, has resulted in a rise in individuals with various disabilities. This has significantly driven the global market. Aging demographics has created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet assist devices. In addition, rising disposable income and government...Read More »

June 2018

Drug Discovery Outsourcing Market Worth $4.4 Billion By 2025

The global drug discovery outsourcing market size is expected to reach USD 4.44 billion by 2025 at an 8.14% CAGR, according to a new report by Grand View Research, Inc. Urging need to identify potential drug candidates for various chronic diseases is anticipated to fuel growth. Technological advances in in silico drug designing and accelerating integration of Artificial Intelligence (AI) in drug discovery are driving industry progress. Multiple applications of AI algorithms in drug design and discovery provide...Read More »

June 2018

Kaolin Market Size Worth $9.83 Billion By 2025 | CAGR 8.8%

The global kaolin market size is projected to reach USD 9.83 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.8% over the forecast period. Growth of ceramics and paints industries, owing to rapid infrastructural development, is anticipated to drive the market. Rising government spending in emerging economies such as India and China, has resulted in expansion of construction industry. This is expected to contribute toward an increased demand for kaolin. Kaolin is extracted from open-pit...Read More »

June 2018

Organic Personal Care Market Size Worth $25.11 Billion By 2025

The global organic personal care market size is projected to reach USD 25.11 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.5% during the forecast period. Rising R&D expenditure to introduce improved plant and animal extracts into various products is expected to promote the demand for organic personal care products over the forecast period. Furthermore, regulations encouraging the use of organic materials in the personal care industry are likely to propel market growth. Growing demand for organic products is leading to an...Read More »

June 2018

APAC Metallic Stearate Market Worth $2.4 Billion By 2025 | CAGR 6.5%

The Asia Pacific metallic stearate market size is projected to reach USD 2.4 billion by 2025, according to a new report by Grand View Research, Inc. It is estimated to expand at a CAGR of 6.5% over the forecast period. Rapid growth of key application industries, including plastics, rubber, cosmetics, and pharmaceuticals, in the region has resulted in an increased product demand. This trend, most notably in the emerging economies such as Indonesia and Thailand, is expected to drive the market growth in Asia Pacific. Metallic...Read More »

June 2018

Plant Biotechnology Equipment Market Worth $18.35 Billion By 2025

The global plant biotechnology equipment market size is estimated to reach USD 18.35 billion by 2025, according to the new report by Grand View Research, Inc. it is likely to expand at a CAGR of 12.8% over the forecast period. High demand for transgenic crops and biofuel is driving the market growth. Demand for transgenic crops has been rising owing to various benefits, such as improvement in yield, productivity, and quality of output and development of insect-resistant cultivars in crops. In transgenic plants, one or more species are introduced in the genome using...Read More »

June 2018

Medical Document Management System Market Worth $0.63 Billion By 2025

The global medical document management systems market size is expected to reach USD 0.63 billion by 2025, according to a new report by Grand View Research, Inc. The global market is estimated to register a CAGR of 10.2% during the forecast period. The sector has experienced noticeable growth in the past few years owing to rising burden of paper management and storage. Medical document management solutions such as hospital information systems, patient monitoring system, Electronic Medical Record (EMR), and e-prescribing...Read More »

June 2018

Industrial Hemp Market Size Worth $10.6 Billion By 2025 | CAGR 14.0%

The global industrial hemp market size is expected to reach USD 10.6 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.0% during the forecast period. Rising demand for oil in food and beverages owing to growing awareness regarding dietary advantages of hempseed and oil is expected to propel demand. Growing population and rising disposable income are expected to result in an increased demand for high-quality cosmetics, personal care products, protein supplements, and...Read More »

June 2018

Europe Methyl Methacrylate Market Size Worth $4.26 Billion By 2028

The Europe methyl methacrylate (MMA) market size is expected to reach USD 4.26 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 8.0% during the forecast period. Methyl methacrylate is used as a precursor of polymethyl methacrylate (PMMA), which is used in the manufacturing of various automotive, industrial, and electronic components. Durability and resistance to UV and extreme weather conditions make MMA an ideal material for various applications in these industries. MMA, the key...Read More »

June 2018

Plastic Packaging Market Worth $269.6 Billion By 2025 | CAGR: 3.9%

The global plastic packaging market size is expected to reach USD 269.6 billion by 2025 and will register a CAGR of 3.9% during the forecast period, according to a new report by Grand View Research, Inc. Increasing use of plastic packaging in widespread applications, including food and beverages, personal care, household care, consumer electronics, and construction, is likely to drive industry growth over the forecast period. Higher demand for flexible and functional packaging, largely for packaged food, frozen foods and beverages, is projected to positively impact segment growth...Read More »

June 2018

Hydrogen Generation Market Size Worth $180.2 Billion By 2025

The global hydrogen generation market size is predicted to be valued at USD 180.2 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% over the forecast period. Rising demand for renewable sources of energy and safe fuels is projected to boost market growth. Increasing adoption of hydrogen and awareness toward importance of energy conservation are expected to boost the global market for hydrogen generation by 2025. Rising efforts to shift focus from fossil fuels to renewable fuels is expected to further propel market...Read More »

June 2018

Gas Sensor Market Size Worth $3,436.2 Million By 2025 | CAGR: 7.6%

The global gas sensor market is anticipated to reach USD 3,436.2 million by 2025, according to a new report by Grand View Research, Inc. Factors such as increased demand for smart & wireless gas sensors and regulatory initiatives in developed markets of North America and Europe have propelled the adoption of gas sensors. A gas sensor is a device that detects the presence of gases in a particular area and is often integrated into a safety system. These gas sensors consume low power and can be integrated into portable handheld devices, which...Read More »

June 2018

Metalworking Fluids Market Worth $14.54 Billion By 2025 | CAGR 4.4%

The global metalworking fluids market size is projected to reach USD 14.54 billion by 2025, as per the findings of Grand View Research, Inc., progressing at a CAGR of 4.4% during the forecast period. The market is poised to witness an upsurge in the use of metalworking fluids (MWFs) in heavy machinery and automotive applications owing to growing production of sophisticated machines and components. The market is characterized by competitive pricing strategies due to increasing number of medium- and small-scale suppliers. Demand for synthetic fluids is anticipated to experience...Read More »

June 2018

Cold Chain Market Size Worth $447.50 Billion By 2025 | CAGR: 15.0%

The global cold chain market size is estimated to reach USD 447.50 billion by 2025, according to a new study conducted by Grand View Research, Inc., exhibiting a CAGR of 15.0% during the forecast period. Technological advancements in packaging, processing, and storage of seafood products are expected to drive the market over the forecast period. Cold chain solutions have become an integral part of supply chain management for transportation and storage of temperature-sensitive products. Increasing trade of perishable products is anticipated to drive market demand over the forecast...Read More »

June 2018

Guar Gum Market Size Worth $785.2 Million By 2025 | CAGR 4.4%

The global guar gum market size is expected to reach USD 785.2 million by 2025, according to a new report by Grand View Research, Inc. The global market is projected to expand at a CAGR of 4.4% during the forecast period. Increasing use of guar gum for horizontal oil well drilling and hydraulic fracturing in the shale gas and oil industry is presumed to be the primary factor for market growth. Increasing purchasing power of buyers owing to rising per capita income is expected to result in increased consumption of processed food. In addition,...Read More »

June 2018

Health Sensors Market Size Worth $83.2 Billion By 2025 | CAGR 17.0%

The global health sensors market size is expected to reach USD 83.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 17.0% during the forecast period. Rising geriatric population and burden of chronic diseases are the key factors positively affecting market growth. Reduced physical activities and increased consumption of unhealthy food disturb the hormonal and cholesterol levels. Moreover, this also leads to a rise in cardiac conditions. According to the WHO, in 2012, approximately 17.5 million...Read More »

June 2018

Mining Automation Market Size Worth $6.2 Billion By 2025 | CAGR 7.3%

The global mining automation market size is expected to reach USD 6.2 billion by 2025 at a CAGR of 7.3% during the forecast period, according to a report by Grand View Research, Inc. Increasing need to enhance accuracy and productivity of mining operations is expected to drive market growth. Need for optimizing production costs, reducing human intervention, and changing the mining landscape are key growth-driving factors for the market. Increasing investment in digital technologies, including analytics and human-machine interactions, is...Read More »

June 2018

cPNB Catheters Market Worth $292.8 Million By 2025 | CAGR: 6.2%

The global continuous peripheral nerve block (cPNB) catheters market is expected to reach USD 292.8 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.2% during the forecast period. Growing orthopedic surgery volumes resulting from rising prevalence of osteoarthritis and increasing preference for ambulatory surgical centers are the key growth stimulants for the cPNB catheters market. According to the Healthcare Cost and Utilization Project (HCUP), over 546,000 total hip arthroplasty and 789,500 total knee arthroplasty procedures were performed in the U.S....Read More »

June 2018

Aerospace & Defense Materials Market Worth $27.44 Billion By 2025

The global aerospace & defense materials market size is estimated to reach USD 27.44 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.3% during the forecast period. Increasing demand for lightweight materials in order to reduce the weight and increase fuel efficiency of an aircraft is projected to boost market growth. The aerospace & defense materials market exhibits low competitive rivalry due to limited number of players offering suitable products to aircraft...Read More »

June 2018

Leisure Boat Market Size Worth $51.37 Billion By 2025 | CAGR: 4.3%

The global leisure boat market size is anticipated to reach USD 51.37 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 4.3% during the forecast period. The tourism industry has been changing drastically in recent times with increasing popularity of marine and coastal tourism activities. The world economy is experiencing a healthy growth and markets such as U.S. are rapidly recovering from the 2008 economic crisis, which, in turn, has resulted in a rise in consumer disposable income. There is also an increase in number of High Net...Read More »

June 2018