Organic Virgin Coconut Oil Market Global Information by Application (Food & Beverages, Personal Care Products, Health Care Products) and Region (America, Africa, Asia Pacific and Rest of World) forecast till 2022 pune,...
Organic Virgin Coconut Oil Market Global Information by Application (Food & Beverages, Personal Care Products, Health Care Products) and Region (America, Africa, Asia Pacific and Rest of World) forecast till 2022
Organic Virgin Coconut Oil is defined as a certified virgin coconut oil that is produced by traditional means without using any fertilizers or pesticides.
In terms of value, the market can be worth USD 1.28 bn by the end of the forecast period.
Other market drivers contributing to the market growth include rising health consciousness and increasing awareness about organic as well as natural food ingredients among the consumers.
However, poor productivity and limited access to quality organic planting material can restrain market growth.
The Global Medicinal Plant Extracts Market is projected to grow at the CAGR of 11.2 %, as it is backed up by the growing demand for plant extracts and increasing change in consumer preferences.
Since medicinal plant extracts are derived from natural substances, damage to the environment is less of a concern.
Since this market’s growth is directly related to the scope of innovation as it is a highly competitive market so, key players are investing in R for innovating product lines.
Moreover, leading players are also investing in partnership with various medicinal plant extracts manufacturers, targeting this as the primary focus area to grow the consumer base.
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Increasing change in consumer preferences in developed as well as developing economies is one of the driving forces for this market.
The global cellulose acetate butyrate (CAB) market size was estimated to be USD 672.8 million in 2016 and is expected to grow over the forecast period driven primarily by the growth of the paints & coatings market.
In addition, growing demand for decomposable products is expected to spur the demand for cellulose acetate butyrate over the next few years.
However, stringent government regulations related to health hazards has adversely impacted the growth prospect of the market in various regions.
Over and above that, CABs’ unique properties such as high resistance to UV radiations, lower moisture absorption rate, and high impact strength is expected to have a positive impact on its growth prospect in various applications such as blister packaging, printing inks, lacquers, and paints & coatings.
The development of these sectors is expected to augment the growth of CAB subsequently.
China led the cellulose acetate butyrate market in Asia Pacific generating revenues worth USD 133.4 million in 2016.
Glycolic Acid - MARKET ADVISORY SERVICES
Glycolic acid is an alpha-hydroxy acid (AHA), which is colorless, odorless, and highly soluble in alcohol.
Glycolic acid contains a keratolytic, germinative layer and produces a fibroblast stimulating action.
Rising awareness regarding skincare and hair care along with growth in personal care products are some of the prominent trends and drivers supporting the growth of global glycolic acid market.
Furthermore, increasing demand for skin lightning and anti-aging products from youth population boost the skincare ingredients market.
However, stringent regulation regarding the concentration of glycolic acid in personal care products and availability & development of substitute such as salicylic acid are expected to hinder the market growth during the review period.
The global UV tapes market is projected to reflect an impressive CAGR during the forecast period by 2020
Analysis of UV Tape Market Based on Segmentation
UV tapes are a kind of pressure-sensitive tapes with more adhesive power, which decreases drastically on exposure to UV light, thereby providing easy and clean removal of semiconductor chips after it has attained its purpose. These tapes are used to protect semiconductor wafers against surface damage and scratching during shipping and storage of wafers. These tapes are manufactured by using PO, PVC or PET as row material with acrylic adhesive to keep pieces of semiconductor in place. These tapes are usually thinner as compare to other tapes, which vary between 70 to 150 micrometers.
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In terms of volume and value, UV tapes held less than 1% of the global PSA tapes market in 2014. Rise in demand for consumer electronics combined with miniaturization of electronic devices is boosting the demand for semiconductors, which in return causing increasing demand for UV tapes. Large number of governments in Asia Pacific are concentrating on sustainable development and have formulated the regulations for it. Such initiatives and regulations are recognized as key driving factors of the market. Whereas, higher cost of UV tapes than that of non-UV tapes is trivial restraint in UV tapes market.
Large Scale Semiconductor Foundries to Boost Demand of UV Tapes in Asia Pacific
Geographically, North America and Asia Pacific represented leading markets for UV tapes market in 2014. Asia Pacific is estimated to register 5.4X higher revenue than North America, in terms of value, by the end of 2020. In Asia Pacific, existence of large scale semiconductor foundries is the key factor behind gush in demand for UV tapes in the region. Asia Pacific is anticipated to remain most prominent market for UV tapes in terms of value, followed by North America and Europe.
Polyolefin-based UV tapes segment, by product type are anticipated to reflect highest CAGR followed by polyvinyl chloride and polyethylene terephthalate (PET). Polyolefin-based UV tapes are estimated to remain the largest market segment over the forecast period whereas, PVC is likely to witness 1.5X expansion in its revenue by the end of 2020.
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UV tape market has been segmented on the basis of application type into back-grinding and water dicing. Water dicing and back-grinding are two successive processes applied in semiconductor processing. It is because of this that in both applications, UV tapes account nearly same market share. However, other applications such as telecommunications and aerospace are likely to be more emerging applications than both of these applications. Water dicing and back-grinding are anticipated to ride on significant CAGR over the forecast period.
Some Leading Market Players
Prominent market players operating in the global UV tape market, which are profiled in this report include Sumitomo Bakelite Co. Ltd., Furukawa Electric Co., Ltd., Lintec Chemicals, Mitsui Chemicals, and Nitto Denko Corporation. These are some key manufacturers and raw material providers, while Dow Chemical Co, BASF SE, and Henkel AG & Company are some other key raw material suppliers.
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The research report included company profiles of top manufacturers, their data, deals income, revenue share, deal volume, and purchaser volume is equally specified.
It also contains forecasts using a suitable set of expectations and approaches.
The report determines with the profiles of foremost players in the global.
The major market players are estimated on various factors such as company overview, product selection, and revenue of ‘Global Nail Care Products Market’.
‘Global Nail Care Products Market’ Report covers market appearances, size and progress, segmentation, provincial collapses, competitive background, market shares, tendencies and strategies for this market.
Significant financial deals which have molded the market in the previous years are recognized.
