The global market for adipic acid is expected to reach USD 7‚240.8 million by 2020‚ according to a new study by Grand View Research‚ Inc. Growing demand for nylon resins and fiber from major end use industries such as automotive and electronics mainly in BRIC nations is expected to remain a key driving factor for the market over the next six years. However‚ volatility in raw material prices coupled with stringent regulations in Europe and North America on account of growing environmental concerns
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San Francisco‚ January 24‚ 2014 - The global market for biofertilizers is expected to reach USD 1‚294.8 million by 2020‚ according to a new study by Grand View Research‚ Inc. Increasing consumer adoption of organic foods is a key factor expected to boost the demand for biofertilizers. In addition‚ a favorable regulatory policy‚ especially in India and China‚ promoting sustainable agrochemicals‚ is expected to drive demand shift from synthetic fertilizers to biofertilizers. Apart from sustainability
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Global tight gas market is expected to reach USD 59.40 billion by 2020‚ growing at a CAGR of 3.6% from 2014 to 2020. Depleting conventional natural gas reservoirs around the world has prompted the industry to develop unconventional reserves which is expected to remain a key factor driving the market for tight gas. In addition‚ government support in the form of financial incentives and tax holidays is also expected drive the market over the forecast period. Favorable regulatory scenario in China‚
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The global market for coated fabrics is expected to reach USD 22‚576.7 million by 2020‚ according to a new study by Grand View Research‚ Inc. Coated fabrics market is expected to witness rapid growth due to positive outlook on application markets and product innovation. Increasing growth in automotive industry is also expected to boost the coated fabrics market over the forecast period. Rising demand for protective clothing due to its wide application in food processing‚ agriculture‚ chemical processing
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The global market for intelligent transportation systems is expected to reach USD 38.68 billion by 2020‚ according to a new study by Grand View Research‚ Inc. Growing demand for optimizing fuel consumption and reducing emissions is expected to be the key driving force for the market. ITS aids in reducing incidents such as road accidents and boost safety‚ which is estimated to positively impact demand over the next six years. Increasing need for enhancing existing transportation networks coupled
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Unit 8: Worldwide destinations M2: Explain how different factors might affect travel to India. Monsoon season Monsoon season in India The death toll from this year’s monsoon has already climbed past 800‚ and now some 1.2 million people have been marooned‚ and about 2 million more affected in the impoverished state of Bihar‚ where the Koshi River has burst its banks‚ breached safety embankments and submerged all roads leading to the region. Indian villagers wade through flood water in
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tariff. Nontariff barriers include quotas‚ levies‚ embargoes‚ sanctions and other restrictions‚ and are frequently used by large and developed economies (nontariff‚ n.d.).” Summary The article; “On eliminating Non-Tariff Barriers in a time of worldwide economic crisis: China’s role” discusses how Non-Tariff Barriers are dealt with by the World Trade Organization‚ China and the United States (Sappideen‚ n.d.). The focus seems to be on how the United States exploits the use of Non-Tariff Barriers
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The global market for lysine is expected to reach USD 6.96 billion by 2020‚ according to a new study by Grand View Research‚ Inc. Positive outlook on animal feed demand to cater to growing meat consumption‚ especially in emerging markets of Latin America and Asia Pacific is expected to be a key market driver. Limited availability of major feedstock is expected to hamper the market growth over the forecast period. Animal feed emerged as the largest application segment for lysine and accounted for
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The global market for specialty fuel additives is expected to reach USD 8‚517.6 million by 2020‚ according to a new study by Grand View Research‚ Inc. Dynamic regulatory trends‚ particularly in North America and Europe has prompted fuel marketers to use specialty fuel additives which is expected remain a key driving factor for the market over the forecast period. In addition‚ ban on MTBE in the U.S. is expected to further push the demand for fuel additives over the next six years. However‚ emergence
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The medical specialty bags market is expected to reach USD 10.31 billion by 2020‚ according to a new study by Grand View Research‚ Inc. Increasing old-age population (65 years and above) base and prevalence of urinary is expected to serve this market as a high impact rendering driver during the forecast period. In addition‚ government initiatives aimed at increasing healthcare expenditure‚ setting affordable prices and designing better reimbursement policies is expected to drive market growth over
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