Market Research Report Insights

The global cold storage market size was valued at USD 94.02 billion in 2018 and is projected to expand at a CAGR of 12.2% during the forecast period. The market has benefitted significantly from the stringent regulations governing the production and supply of temperature-sensitive products. The industry is poised for unprecedented growth over the forecast period owing to growing organized retail sectors in the emerging economies. Moreover, rising automation in refrigerated warehouses is projected to boost the demand further. Warehouse automation includes cloud technology, robots, conveyor belts, truck loading automation, and energy management. Refrigerated storage has become an integral part of the Supply Chain Management (SCM) when it comes to transporting and storing temperature-sensitive products. In addition, growing trade of perishable products is also anticipated to help boost the demand for refrigerated storage solutions over the next few years. Users and suppliers of...

The global paraffin wax market size was valued at USD 4.87 billion in 2015. Growing application of the product for manufacturing candles along with its rising requirement in packaging and hotmelts is expected to stimulate the paraffin wax demand over the forecast period. Moreover, these products provide excellent water resistance to packaging materials and are anticipated to witness significant rise over the forecast period. Paraffin waxes are used for manufacturing fragrance candles as they are economical and require lesser machinery costs. Growing demand for aromatherapy and consumer awareness regarding home ambiance is expected to drive the requirement of fragrance waxes, which in turn is likely to aid in market expansion over the upcoming years. U.S. paraffin wax market revenue, by application, 2014 - 2025 (USD Million) Increasing usage in the production of  industrial coatings ,  hot melt adhesives , plastic & rubber processing aids, body care products, met...

The global saffron market size was valued at USD 645.9 million in 2015 and is expected to grow at a CAGR of 12.0% over the forecast period on account of its increased use in food applications due to its superior flavor and color. It is mainly cultivated in arid and semi-arid climatic conditions and is labor intensive, which is a major factor responsible for the high price of saffron. Product demand has been increasing in medical applications on account of its use as an antioxidant, antiseptic, anti-depressant, and an anti-convulsant. The rising popularity of natural products in the medical industry has boosted the need for herbal health supplements and is expected to propel the market over the next nine years. The product can also be used to treat asthma, whooping cough, dry skin, and similar other common ailments. Growth in the medical sector particularly in North America and Europe is expected to have a positive impact on the industry. U.S. saffron market revenue, by applicati...

The global saffron market size was valued at USD 645.9 million in 2015 and is expected to grow at a CAGR of 12.0% over the forecast period on account of its increased use in food applications due to its superior flavor and color. It is mainly cultivated in arid and semi-arid climatic conditions and is labor intensive, which is a major factor responsible for the high price of saffron. Product demand has been increasing in medical applications on account of its use as an antioxidant, antiseptic, anti-depressant, and an anti-convulsant. The rising popularity of natural products in the medical industry has boosted the need for herbal health supplements and is expected to propel the market over the next nine years. The product can also be used to treat asthma, whooping cough, dry skin, and similar other common ailments. Growth in the medical sector particularly in North America and Europe is expected to have a positive impact on the industry. U.S. saffron market revenue, by applicati...

The global polymer foam market size was valued at USD 109.71 billion in 2018 and is projected to expand at a CAGR of 4.0% from 2019 to 2025. Growing applications in various industries, such as packaging, furniture and bedding, and automotive industries, are expected to drive the product demand. Polymer foams are extremely lightweight and versatile, highly durable, mildew resistant, and dermatologically-friendly. These properties make them safe and recommendable for numerous consumer applications. Polyurethane based foams are widely used in building and construction, automotive, and marine industries. Polyurethane (PU) foams are durable, lightweight, versatile, and resistant to corrosion and vibration, recyclable, and offer high level of freedom in geometric design. PU are increasingly used in various passenger car seat cushions, gasket seals, arm rests, head rests, cushioned instrument panels, airbags, and other components to create lightweight, fuel-efficient, and durable structu...

The global rodenticides market size was worth USD 748.1 million in 2016. Factors such as increased prevalence of pest-related diseases, surging rodent population, rising demand for pest control, and availability of natural rodenticides are likely to be major factors driving market growth. Rising concerns regarding economic loss associated with damage caused by rodents in agricultural fields are likely to drive growth over the coming years. However, environmental concerns over use of chemicals and their ill effects on humans and other living beings are likely to restrain demand. Therefore, product application is highly regulated by stringent laws. Stringent regulations related to the use of chemical rodenticides have been established in North America and Europe. For instance, all pesticide products must be registered under the U.S. Environmental Protection Agency (EPA) before they are sold to the public. These products are regulated by the EPA under the Federal Insecticide, Fun...

The global ammonia market size was worth USD 48.65 billion in 2016. The rising demand for ammonia in the fertilizer industry is expected to boost the industry growth. The product is also the building block for the world nitrogen industry. Ammonia is a colorless and highly irritating with a sharp suffocating odor gas. It easily dissolves in water and forms an ammonium hydroxide solution. The solution can cause burns and irritation. The gas can be easily compressed, which forms a colorless & clear liquid under pressure. It is usually transported in steel cylinders in the form of compressed liquid. Moreover, it is not highly combustible but may explode when exposed to high heat. The U.S. market was valued at USD 5.76 billion in 2016 and is predicted to ascend at a CAGR of 5.2% from 2017 to 2025. The country is among the major producers of the product. Globally, the demand & supply ratio of the product is anticipated to move toward surplus, as the capacity addition is cont...

The global chemical tanker shipping market size was valued at USD 2,072.6 billion in 2016. High concentration of chemical production and increasing demand across the globe is mostly responsible for the market growth. Shale gas evolution is one of the significant factors positively influencing the market growth. Although exports in 2015 showed a decreasing trend in light of appreciated dollar rates and global economic slowdown, the export market is expected to pick up over the coming years. In 2016, the U.S. accounted for approximately 15% of the worldwide chemical shipments. New capacity additions in the sector, which will also be used for exports, is anticipated to propel the pickup tanker demand over the coming years.  Falling crude oil prices have still not prompted Organization of Petroleum Exporting Countries, the U.S., Canada, and Russia to decrease their oil production levels, thus crude oil prices are not expected to rise exponentially from 2016 to 2018. Low crude ...