20.03.2018 Views

QYR: Europe Diesel Particulate Filter (DPF) production revenue is estimated to reach 2520.43 million dollars by 2021

http://www.qyresearchglobal.com/goods-510997.html Europe Diesel Particulate Filter (DPF) production revenue market scale was from 1079.69 million US dollars to $ 1494.81 million. It is estimated to reach 1648.97 million dollars by 2016 and 2520.43 million dollars by 2021, with the CAGR of 8.86% in terms of revenue over the period 2016-2021.

http://www.qyresearchglobal.com/goods-510997.html
Europe Diesel Particulate Filter (DPF) production revenue market scale was from 1079.69 million US dollars to $ 1494.81 million. It is estimated to reach 1648.97 million dollars by 2016 and 2520.43 million dollars by 2021, with the CAGR of 8.86% in terms of revenue over the period 2016-2021.

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<strong>QYR</strong>esearch<br />

Depending on downstream animal classes, the animal growth promoter market has been<br />

differentiated in<strong>to</strong> following categories: Lives<strong>to</strong>ck, Aquaculture, Poultry and Others.<br />

Lives<strong>to</strong>ck and poultry are the dominating classes of animals which are provided with animal<br />

growth promoters. Increase in the yield of the products such as eggs, wool and milk, which<br />

are originated from these animals <strong>is</strong> the major reason which <strong>is</strong> driving the animal growth<br />

promoters market among lives<strong>to</strong>ck and poultry classes. Additionally, the increasing demand of<br />

meat worldwide <strong>is</strong> the other major fac<strong>to</strong>r which will propel the animal growth promoters<br />

market in the future. Animal growth promoters help the animal in gaining weight and fat,<br />

which results in more meat <strong>production</strong> and expensive selling of animal.<br />

However, the stringent regulations set <strong>by</strong> the government of the United States and EU<br />

countries against the use of animal growth promoters <strong>is</strong> restraining its market. In 2016,<br />

<strong>Europe</strong> takes about 24.44% of Animal Growth Promoters sales share, Asia <strong>is</strong> the biggest<br />

consumption market, with about 36.86% consumption share.<br />

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