Rising Healthcare Awareness Among Consumers is Driving Pea Protein Market Demand

Overview

Pea Protein Market size was evaluated at 11.6 kilo tons for 2015 with demand forecast of more than 33 kilo tons by end of 2023 and CAGR predicted to be around 13.6% during forecast timeframe. Growing healthcare consciousness is predicted to enhance the industry size during forecast period. Other advantages of pea protein consumption are substantial iron contents, allergen friendliness and branched amino acids.

Europe pea protein market size by application, 2012 - 2023 (Tons)

Pea proteins are easily digestible and allergies to protein constituents are rarely observed among the consumers. Positive pea protein market price trend and price efficacy over its equivalents are few of the factors predicted to fuel industry expansion in future.

Less adoption of protein sources except soy is predicted to inhibit industry expansion. Low degree of versatility of these protein constituents can also hinder the demand of the industry.

Read full market research report “Pea Protein Market Size By Product (Concentrate, Isolate, Textured), By Application (Nutraceuticals, Meat substitutes, Sports Supplements), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023”, please click on the link below:

https://www.gminsights.com/industry-analysis/pea-protein-market

Product Insights

Pea protein products are segmented into pea protein isolates, textured pea proteins and pea protein concentrates depending upon protein proportion.

Pea protein isolates segment contributed greater than 40% of the total industry share for 2015 and is predicted to dominate the product segment. It is predicted to register CAGR of 13.9% and exceed 14.6 kilo tons size by end of forecast period. Increasing use of these products is observed in food & beverage sector owing to its emulsifying features and non allergy characteristics.

Textured pea protein segment has experienced rising acceptance in food supplements and beverages due to high fiber content. It is predicted to produce revenue of more than $35 million by end of forecast timeframe.

Application Insights

The key applications of the pea proteins include meat substitutes, food supplements, food & beverages and sports supplements.

Pea protein market share for meat substitute application was more than 34.5% in 2015. The factor contributing to the growth of the segment was increasing preference for protein rich food among the consumers leading to more consumption of meat substitutes.

Global size in sport supplements application is predicted to register CAGR of 13.7% during forecast timeframe. Products like ready to drink beverages, nutrition bars and snacks containing pea protein constituents are few factors predicted to contribute towards the segment growth. These constituents consist of glutamine and lysine which help to preserve nitrogen proportions during workouts. Further, it also consist arginine that helps maintain health of heart and act as a stimulant for metabolism of heart muscles.

Regional Insights

APAC is predicted to register highest growth of 16.91% during forecast timeframe. Key drivers include growing vegetarian population, use of innovative extraction methods and increasing research & development activities taken by many firms based in the region.

U.S. pea protein market share is predicted to grow owing to demand for sustainable and healthy products having good taste and pleasant texture. Introduction of gluten-free products consisting pea proteins as their key constituents supports industry growth in the region. North American region is predicted to contribute more than 30% to the total revenue share of the global pea protein market in future.

Competitive Insights

Key industry players profiled in the report include Fenchem, Martin & Pleasance, Scoular Company, Cosucra Groupe Warcoing, Nutri-Pea Limited, Shandong Jianyuan Foods Company Limited, Burcon Nutrascience Corporation, Roquette Freres, Sotexpro, Yantai Oriental Protein Tech Company Limited and Prinononeoldings LLC.

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Information Source: Global Market Insights, Inc

Global Corrosion Inhibitors Market to cross USD 8.8 billion by 2023

Global Market Insights Inc. has announced the release of a new study on global Corrosion Inhibitors Market trends. The market size is forecast to witness significant growth and exceed 5,100-kilo tons from 2015 to 2023, at a growing CAGR of 4% CAGR. In terms of revenue, the market is anticipated to surpass USD 8.8 billion in next few years.

MEA corrosion inhibitors market size, by end-use, (USD Million) 2012-2023

Global water treatment chemicals market is poised to hit USD 31 billion revenue soon. Growing application in power generation, water treatment, mining and refining and construction industries is likely to leverage product demand over the projected time frame. Rapid industrialization and urbanization in APAC are expected to promote product demand and open new growth avenues over the forecast period.

Browse key industry insights spread across 95 pages with 78 market data tables & 14 figures from the report, “Corrosion Inhibitors Market Size By Application (Water Based, Oil/Solvent Based), By Product (Inorganic, Organic), By End-Use (Metal Processing, Power Generation, Pulp & Paper, Chemical Processing, Oil & Gas), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/corrosion-inhibitors-market

Increasing disposal issues and toxic effects of traditional inhibitors on plant and marine biology and human are projected to restrain the market expansion in the next few years. However, constant development and commercialization of products for manufacturing various plant and herb extracts as green corrosion inhibitors are forecast to impact the market development positively.

According to the news from industry sources, the Worshipful Company of Armourers and Brasiers has awarded the Materials Science Venture Prize to a team from Swansea University led by Professor Geraint Williams for developing a smart and safe way to tackle corrosion.

The key drivers for the corrosion inhibitor market include
•    Rising demand for clean and pure water in various industrial sectors
•    Increasing scope of applications
•    Growth in the end-user industries
•    Growth in APAC with strong infrastructure spending
•    Focus on constant product innovations to produce safe and efficient inhibitor

Major challenges for the industry are as follows
•    Environmental concerns
•    Regulatory issues
•    Rising cost of raw materials

The U.S. corrosion inhibitors market size is set to foresee growth over 4% over the projected time frame. Europe industry demand is expected to register 1,900-kilo tons by 2023. APAC, led by China and India, is likely to be worth USD 3 billion during the predicted period. LATAM and MEA market growth is forecast to witness substantial growth by 2023.

The report covers competitive analysis with a focus on market environment factors, industry structure, company market share evaluations. The moderately consolidated global corrosion inhibitors market is dominated by key players including GE, Ecolab, BASF, and Ashland. Other noteworthy names in the industry are DuPont, Dow, Lubrizol, Champion Technologies, Cytec, AkzoNobel, Eastman, Halox, Dai-Ichi, Daubert, Cortec, and Henkel.

Download a sample copy of this report: https://www.gminsights.com/request-sample/detail/389

Information Source:  Global Market Insights, Inc.

Synthetic Paper Market eyes strong profits over the next seven years

According to a new global report by Global Market Insights Inc. the Synthetic Paper Market size is anticipated to surpass 209 kilotons in terms of volume, it will grow at CAGR of 6.1% from 2016 to 2023. Regarding revenue, the market is likely to be worth USD 410.1 million by 2023. The report covers a comprehensive overview and predictive analysis of the market with segmentation by products, applications, and region. The report also gives an overview of drivers, restraints, opportunities and challenges that influence the industry.

Over the past few years, the global synthetic paper market growth has been linear, and this growth is projected to boost soon. With its high-quality characteristics, such as increased durability, high tear resistance, good slip & antistatic properties and high stiffness synthetic paper replaced the conventional cellulose paper and became a viable tool across several applications.

MEA synthetic paper market size, by product, (KT), 2012-2023

Innovative techniques and safety standards concerning its use are likely to impact the synthetic paper market trend. The market is witnessing significant growth owing to remarkable demand from regions including North America, Asia-Pacific, and Europe. Eco-friendly and recyclable products are encouraged on a regional scale. APAC with India and China mainly dominated the segment as the  largest exporter and packaging market globally.

Browse key industry insights spread across 80 pages with 49 market data tables & 14 figures from the report, “Synthetic Paper Market Size By Product (Biaxially Oriented Polypropylene [BOPP], High Density Polyethylene [HDPE]), By Application (Label, Non-label), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/synthetic-paper-market

APAC regional revenue is projected to be worth USD 161.9 million at a growing CAGR of 7.3% over the forecast time frame, owing to a surge in demand across end-use industries such as food & beverages, cosmetics, and chemicals. High demand in APAC region attracts many companies to increase the capacity of their existing plants or to set up new plants in the area. North America segment can reach 45.8 kilotons demand by 2023.

The label application segment is the fastest growing segment and poised to register 80-kilo tons over the predicted time frame. Non-label applications accounted for the significant share of over 62% will increase over the predicted period. The report features the competitive landscape of the market with the major trends, finance metrics, business strategies, and company profiles of the main market players.

Yupo Corporation tops the industry, with other noteworthy names including UltraClear, Blue, Reveal, Octopus, and illuminate. PPG is another notable player apart from other remarkable companies such as DuPont, American Profol, Arjobex, Taghleef, Hop, Neenah Papers and Nan Ya Plastics Corporation.

Download a sample copy of this report: https://www.gminsights.com/request-sample/detail/378

Information Source: Global Market Insights, Inc.

The growth of powder coating market is driven by surge in demand for modern appliances, furniture, construction, consumer goods, automobiles and architecture

The volume of the global powder coating market is predicted to cross 3800 kilo tons by the end of year 2023. The global market is predicted to register a CAGR of about 6.8% during the forecasted period. The industry is predicted to earn total revenue of 15580 million US dollars till the end of year 2023.

The growth & expansion of the global powder coating market is mainly promoted by growing demand for customer goods like automobiles and modern appliances in growing economies like Brazil, China and India due to rapid urbanization & high population. Further, government authorities like REACH and EPA are responsible for the expansion of the global market.

Europe powder coatings market size, by application, (Kilo tons), 2012-2023

The characteristics of powder coatings that include resistance to rust, temperature, abrasion, chemical reactions, solvent reactions, ultra violet rays and hot weather conditions are the main factors influencing the demand & growth of the global powder coating market. Owing to these properties powder coatings are utilised in different kinds of applications. Production of the powders that can be coated to high temperature instruments like steam engines, charcoal grills and boilers is predicted to enhance the use of powder coatings in future. This factor will contribute towards the growth & expansion of the global powder coating market. The growth of in-mold powder coatings is predicted to explore future power coating market globally.

The global powder coating market is witnessing tremendous expansion owing to strict government rules, growth in end user applications, technological breakthroughs and tremendously growing markets of APAC zone, North American subcontinent and rest of the world.

But the designing & application problems like uneven layers in edges and corners are predicted to hinder the growth of the global powder coating market.

Based on the resin type, the global powder coating market is bifurcated into thermoplastic and thermoset.

Depending upon the end user applications, the global powder coating market is divided into consumer goods, furniture, architectural, automotive, appliances, general industrial and others.

Consumer goods section evolved as a dominant application section during year 2013. But automotive section is predicted to be the rapidly expanding application section during the estimated period.

Rapid expansion of automotive section can be attributed to growing highlight of exterior appearance of the high end cars. The growing automotive sector in APAC zone along with the rising expenditure by the regions of the zone leads to enhanced demand for high end luxury cars. This has led to enhanced demand & growth of powder coatings market in the zone.

Utilization of the powder coatings in the furniture section is comparatively undiscovered market. But with enormous benefits provided by powder coatings, furniture section is predicted to experience rapid growth during the estimated span.

Based on geographical locations, the global powder coating market is segmented into North American subcontinent, APAC zone, European continent and region of the rest of the world.

APAC zone dominated the global powder coating market in terms of volume during year 2013. The reason for this was that APAC zone was the biggest consumer of powder coatings owing to large scale presence of electronic industries and automotive firms in the zone. The powder coating market of APAC zone is predicted to expand rapidly during the forecasted period.

APAC zone is the market leader owing to strong growth of the powercoatings market in countries like India and China. These regions combined with South Korea & Japan is predicted to expand the power coatings industry in the APAC zone in future.

China of APAC zone is the biggest producer of automobiles across the globe. It is also the biggest global customer of powder coatings. Further, the growing economies like Russia, India and Brazil are predicted to be key customers of the global industry due to rapid growth of consumer goods section in these regions.

The North American subcontinent and European continent are matured powder coating markets. So they are anticipated to expand at a slow rate during the estimated span.

Key market players involved in the powder coating business and promoting the growth of the global power coatings market are:

·         AkzoNobel N.V.

·         DuPont de Nemours & Company

·         Jotun A/S

·         Royal DSM

·         RPM International Incorporation

·         DIC Corporation

·         Valspar Corporation

·         Nippon Paint

·         PPG Industries Incorporation

·         BASF SE

·         Henkel

·         Axalta Coating Systems LLC

·         Bayer Material Science

·         Sherwin Williams Company

·         Kansai Paint Company Limited

·         Eastern Chemical Company

·         Arkema

·         Evonik Industries

·         Asian Paints Limited

·         Tikkurila OYJ

·         Diamond Vogel Paints

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