San Francisco, California (PRWEB) July 08, 2014
The global emulsion polymer market is expected to reach USD 44.22 billion by 2020, according to a new study by Grand View Research Inc. Growth of major end use industries such as paints, coatings and adhesives coupled with regulatory support across various nation is expected to remain key driving factors for the market. Environmental benefits associated with the use of emulsion polymers have been significantly instrumental in enhancing market penetration. However, volatile prices of key raw materials including styrene and acrylics is expected to be a challenge for industry participants over the next six years. Owing to these factors, the industry has shifted its focus towards developing bio-based alternatives to synthetic emulsion polymer.
For the purpose of this study, Grand View Research has segmented the emulsion polymer market on the basis of product, application and region:
The CIS market for insulin and insulin products is expected to reach USD 3,008.5 million by 2020 growing at a CAGR of 15.0%, according to a new study by Grand View Research, Inc. The presence of an extensive pipeline portfolio of products exhibiting higher efficacies and their subsequent commercialization over the next six years is expected to serve this market as a high impact rendering driver. The introduction of government initiatives aimed at improving the affordability of insulin via price reduction, such as the collaboration between the government of Ukraine and Indar to reduce the price of insulin by 20% in 2013 is expected to have positive influence on demand.
The global market for aquaculture is expected to reach USD 202.96 billion by 2020, according to a new study by Grand View Research, Inc. Aquaculture includes farming of aquatic organisms such as mollusks, fish, crustaceans and other aquatic flora and fauna. Increasing consumer awareness of health benefits associated with seafood and growing consumption serves as a key driver for development of the market. In addition, the market demand is expected to be further fuelled by the lack of naturally available varieties owing to extensive fishing.
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