Bulk Chemical Insights: September 2017

Friday, 29 September 2017

Plant growth regulators market Hits USD 6 Billion By 2020: By Grand View Research, Inc.

Global plant growth regulators Market is expected to exceed USD 6 billion by 2020, according to a new study by Grand View research, Inc. High allopathic medicine price is a key reason for growing herbal medicines demand which is expected to positively impact plant growth regulators market. Plant growth regulators are expected to witness significant growth in demand owing to its use in cotton metabolism in light of the growing cotton textile industry.

Cytokinins were the widest used plant growth regulators with market revenue exceeding USD 1.25 billion in 2013 owing to extensive use in herbal medicines. Increasing concerns regarding farmer profitability is expected to result in shift from conventional farming to organic farming which will provide favorable market opportunities.

Global plant growth regulators market, by region, 2012 - 2020 (USD Million)

Browse full research report on plant growth regulators market: http://www.grandviewresearch.com/industry-analysis/plant-growth-regulators-market

Further Key Findings From the Study Suggest:

Auxins act as growth stimulators in cotton metabolism which is expected to augment the product segment market in cotton manufacturing. Auxins market revenue was close to USD 1.0 billion in 2013 with major demand from cotton textile industry in Asia Pacific.
Europe was the largest regional market in 2013 with revenue of USD 1.86 billion due to increased organic farming activities in the region. Ample land available for organic farming is expected to accelerate use of plant growth regulators in plant physiological process modification.
Asia Pacific is expected to witness fastest growth at an estimated CAGR of 9.3% from 2014 to 2020 owing to improving cotton textile industry in the region. Large cotton industry in India and China is expected to result in increased demand for growth regulators in cotton metabolism. Indian government’s recent FDI policies have favored textile industry in the country directly influencing plant growth regulators market.
Market has low consolidation owing to presence of limited manufacturers globally. Key companies including DuPont, BASF and Bayer CropScience cater to major markets of North America, Europe and Asia Pacific. Concentrated market scenario in Europe and North America indicate high demand, however it is expected that there would be a shift in focus towards the emerging markets of Asia Pacific and Latin America over the next six years.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-plant-growth-regulators-market

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Synthetic Leather Market Is Projected To Grow Quickly Due To Rising Stringency In Laws Governing Real Leather Till 2025: Grand View Research, Inc.

The global synthetic leather market is expected to reach USD 85.05 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing applications in foot wears has been a major factor driving market growth. In addition, increasing focus towards animal rights led by several organizations and rising stringency in laws governing real leather are propelling demand for synthetic leather.

Synthetic leather materials are competing with natural leather for over three decades owing to its superior properties such as high durability, strength, UV resistance, easy maintenance and high gloss finish. Cheaper prices of products made up from faux leather continue to attract huge number of customers from middle and high income level groups. However, in countries such as Japan, the product is facing competition from Fumikodata, which is a replica of real leather and is a cruelty free material.

Polyurethane was the largest product category in 2015 and is expected to grow at the fastest CAGR over the forecast period. PVC is anticipated to maintain a slow growth rate on account of its properties which include sticky finish and lesser durability.

Footwear application segment is expected to observe the fastest growth over the next nine years with an estimated CAGR of around 9.7% from 2016 to 2025. Cheaper costs, fluctuating climatic conditions in countries creating needs for several types of footwear coupled with rising disposable income levels are fueling the demand for synthetic leather in footwear segment. Moreover, trend of incorporating athletic shoes in daily lifestyle is further augmenting demand of the application segment over the forecast period.

China synthetic leather market volume by product, 2014 - 2025 (Million Meter)

Browse full research report on Synthetic Leather Market: http://www.grandviewresearch.com/industry-analysis/synthetic-leather-market

Further Key Findings From the Study Suggest:

The global demand for artificial leather exceeded 15,780 million meter in 2015 and is expected to grow at a CAGR of 9.5% from 2016 to 2025
PU leather emerged as the largest product segment in 2015 and is estimated to generate revenue over USD 51.9 billion by 2025
Global market demand in footwear was USD 10.1 billion in 2015 and is anticipated to witness fastest growth over the next nine years
The U.S. synthetic leather market in PVC was 513.2 million meter in 2015 and is estimated to reach a total volume of over 1,169.7 million meter by 2025
The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to rapid economic growth across countries such as India, China, Japan and Korea. The regional market is expected to grow at a CAGR of 11.7% from 2016 to 2025
Key players including Nan Ya Plastics Corporation, Mayur Uniquoters Limited, Alfatex Italia SRL, and Kuraray Co. Ltd. dominated the market

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Chlorine Market To Experience Lucrative Growth Due To Rising Demand From Water, Pharmaceutical, Food Processing, Paints & Coatings Industries Till 2024: Grand View Research, Inc.

The global chlorine market is expected to reach USD 39.31 billion by 2024, according to a new report by Grand View Research, Inc. Chlorine serves as an important raw material in various chemical industries. It is also an essential ingredient for PVC production, which has observed increasing demand in construction, automotive, and packaging industries. These factors are anticipated to drive the global chlorine market.

Increasing demand for chlorine across various industries for manufacturing intermediate products such as hydrochloric acid, chlorides, etc. is expected to be a key factor influencing the market growth.

Price fluctuations due to uneven demand and supply particularly in Asia Pacific are expected to pose challenges to key industry participants in the region. Chlorine is highly reactive when it comes in contact with other materials which increase handling risk. Toxicological nature of chlorine also adds up to the market challenges.

EDC/PVC was the largest application segment and accounted for 34.5% of global demand in 2015. Escalating PVC demand in construction industry is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 4.8% over the forecast period.

U.S. chlorine market revenue by application, 2014 - 2024 (USD Million)

Browse full research report on Chlorine Market: http://www.grandviewresearch.com/industry-analysis/chlorine-market

Further Key Findings From the Study Suggest:

Global chlorine market demand was 71.26 million tons in 2015 and is expected to reach 104.70 million tons by 2024, growing at a CAGR of 43% from 2016 to 2024
Asia Pacific was the leading regional market and accounted for 56.6% of total market volume in 2015. Increasing construction spending in China, India, Indonesia and Thailand is expected to drive the regional market over the forecast period. The region is also expected to witness the fastest growth of 4.7% over the forecast period due to incessant demand for chlorine in construction as well as chemical industry.
North America is expected to witness moderate growth mainly on account of recovery of construction in industry in the U.S. The region is expected to grow at an estimated CAGR of 4.2% from 2016 to 2024.
Key market players include Hanwha Chemical Corporation, Ineos Group Ltd., The Dow Chemical Company, Tosoh Corporation, PPG Industries, Tata Chemicals Ltd., BASF SE, FMC Corporation, Olin Corporation, Formosa Plastics Corporation, Occidental Petroleum Corporation, Xinjiang Zhongtai Chemicals Co. Ltd., and Nirma Ltd.

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Wednesday, 27 September 2017

Pressure Sensitive Tape Market To Experience Lucrative Growth Due To Growing Demand For Corrugated Materials Used In Packaging Till 2022: Grand View Research, Inc.

The global pressure sensitive tape industry is projected to reach over USD 69.26 billion over the forecast period. This factor can be majorly attributed to growing demand for corrugated materials used in packaging owing to their property of high resilience and protection. There is a rising demand for corrugated boxes primarily in developing countries including India, Brazil, and China which is expected to trigger market expansion.

Demand for carton sealing tape segment is projected to experience growth on account of rising apprehensions concerning environmental friendly packaging solutions due to stringent government rules and regulations. Also, consumption of the product has observed a significant growth in the past few years owing to its compatibility with various sterilization forms and non-toxic nature. New growth opportunities are expected in this industry in the foreseeable future on account of the introduction of eco-friendly recovery technologies that are highly efficient and are used widely in the adhesive coating.

In 2014, demand for the product was 41.44 billion square meters at the global level. Emerging economies namely Malaysia, India, Saudi Arabia, Vietnam, China, and Mexico are expected to witness substantial market gains by volume owing to growth in the construction industry.

Construction & building are to grow at a CAGR of 5.9 % over the forecast period. Demand for the segment is expected to have a positive impact in MEA resulting from increasing foreign direct investments in hospitality, construction and real estate along with the development of commercial and residential offices. The market demand is projected to reach over 65.29 billion square meters over the next seven years.

A key driver in the masking tape industry is the growing consumption pattern from automotive and construction sector owing to properties including holding power, improved moisture resistance, better conformability and instant adhesion. Masking tape is therefore estimated to witness significant volume gains at a CAGR of 6.1% over the forecast period.

U.S. Pressure Sensitive Tape Market revenue, by application, 2012 - 2022 (USD Million)

Browse full research report on Pressure Sensitive Tape Market: http://www.grandviewresearch.com/industry-analysis/pressure-sensitive-tapes-market

North America is expected to account for nearly 20.0% of global share revenue owing to growing up gradation and building activities in the US and infrastructure development in Mexico and Canada. Furthermore, growth in the US food & beverages sector is expected to make way for new avenues and opportunities for corrugated box packaging thereby impacting carton sealing tape market.

Asia Pacific demand, in 2014, was 20.36 billion square meters and is likely to emerge as the fastest growing regional market at a CAGR of 7.0% over the forecast period as a result of growing construction industry in the wake of population growth, government infrastructural plans, and urbanization. Ample availability of raw materials including PVC and polypropylene in China is projected to propel the market from 2015 to 2022.

Pressure sensitive tape industry is fragmented with the presence of various companies including Lintec, 3M, teas SE and Nitto Denko Corporation. They together constituted over 20.0% of the global market share in 2014. New launches include a product development by Saint-Gobain in April 2014. It is a double-sided acrylic tape with high performance, NORBOND A7300, and NORBOND A7200. In August 2015, Shurtape launched flatback paper tape which had a strong hold, moisture & humidity resistance.

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Industrial Adhesives Market Is Predicted To Grow Swiftly Due To Enhanced Demand In Packaging, Construction & Automotive Industries Till 2022: Grand View Research, Inc.

The global industrial adhesives market is expected to reach USD 57.12 billion by 2022, according to a new report by Grand View Research, Inc. Growth of key end-use industries such as packaging, construction and automotive is expected to remain a key driving factor for global industrial adhesives market over the forecast period.

Growing demand for eco-friendly materials has led to the development of bio-based adhesives. This trend is likely to foster replacement of conventional metal, wood and other fasteners with adhesives to bond a wide array of substrates. Increasing industrial output in emerging nations such as China, India, Brazil and Mexico has also impacted the market positively.

Acrylics were the leading product type with demand share exceeding 40% in 2014. Increasing requirement for adhesion products with aesthetic appeal, high bond strength across dissimilar substrates and contaminated surfaces is a key determinant for industry development. They are also expected to witness the highest growth of 4.4% from 2015 to 2022.

U.S. Industrial Adhesives Market Revenue By Product, 2012-2022, (USD Million)

Browse full research report on Industrial Adhesives Market: http://www.grandviewresearch.com/industry-analysis/industrial-adhesives-market

Further key findings from the report suggest:

Global industrial adhesives market size was 9.40 million tons in 2014 and is expected to reach 12.94 million tons by 2022, growing at a CAGR of 4.1% from 2015 to 2022.
Packaging was the leading application segment and accounted for 30.3% of total market volume in 2014. Increasing demand for quicker assembly time, high bond strength in carton sealing and corrugated box manufacturing led to high consumption in packaging industry. Packaging is also expected to witness the highest growth of 4.7% from 2015 to 2022.
Asia Pacific was the largest consumer and accounted for 42.3% of total volume in 2014. The region is characterized by increasing consumer disposable income and high growth in packaging, construction, and automotive industries mainly in China, India and Southeast Asia.
Developed markets of North America and Europe are characterized by growing demand for bio-based adhesives on account of growing regulatory pressure and consumer awareness. Europe is expected to witness moderate growth of 2.5% from 2015 to 2022.
Global industrial adhesives market share is characterized by multinational corporations which are integrated along the value chain. There is considerable presence of standalone independent manufacturers, particularly with emergence of SME landscape in China. Key companies in the industry include The Dow Chemical Company, Henkel, Cytec Industries, Mitsubishi Chemicals, Lord Corporation, Avery Dennison, and Covestro (formerly Bayer MaterialScience).

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Tuesday, 26 September 2017

Polyurea Coating Market Is Predicted To Grow Swiftly Due To Enhaned Demand In Construction, Transportation & Manufacturing Sectors Till 2024: Grand View Research, Inc.

Global polyurea coating market is expected to reach USD 1.48 billion by 2024, according to a new report by Grand View Research, Inc. Polyurea coating have numerous advantages over conventional coating products, namely, epoxy, fiberglass, and paints. Its properties such as faster setting time, resistance to atmospheric conditions, and high mechanical strength are expected to drive the demand over the next eight years. Polyurea coating offer high standards of corrosion protection, waterproofing, and chemical & structural enhancement. Moreover, these exhibit superior characteristics in spray applications such as improved mechanical, thermal, and chemical resistance, short curing and setting time and high durability as compared to its substitutes.

Increased resistance to crack allows it to be utilized in a host of applications. Rising demand for coating in automotive, buildings & construction, marine, oil & gas, metallurgy & metal forming, aerospace, and mining is expected to propel growth over the forecast period. Extensive R&D is being undertaken by manufacturers to develop innovative technologies for coating manufacturing and development of superior quality products.

Browse full research report on Polyurea Coating Market: http://www.grandviewresearch.com/industry-analysis/polyurea-coatings-market

Polyurea coating use in industrial application is expected to witness growth at a CAGR of over 12.0% from 2016 to 2024 on account of rising manufacturing sectors in emerging economies. Numerous companies have been expanding production capacities in order to tap potential markets which are expected to propel demand. Increasing demand for protective coating from the oil & gas and mining sectors is projected to have a positive impact on market growth over the next eight years.
Aromatic isocyanate-based coating are expected to grow at a CAGR of over 10% from 2016 to 2024 on account of properties such as excellent UV resistance leading to increasing application scope in the automotive industry. However, the increased price of these products is expected to hinder growth over the forecast period.
North America dominated the market in 2015 on account of the presence of a substantial number of market players in the region. The U.S. market for polyurea coating was valued at over USD 150 million in 2015. Supportive regulations and rising investments in Asia Pacific automotive industry is expected to accelerate growth.
In March 2014, Bayer Material Science opened a coating, Adhesives, and Specialties Laboratory in Dubai, to enhance its services by providing customized technical support to the customers in the Middle East & Africa. In February 2012, Alberts Spray Solutions LLC opened a new manufacturing site for polyurea liners in Ohio to cater to the demand from Utica Shale Region of Eastern Ohio and Southwest Pennsylvania. New product development, R&D investments, and expansion strategies are being adopted by the market players to expand their global footprint.

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Optical Brighteners Market Is Predicted To Grow Swiftly Due To Enhaned Demand From Paper, Personal Laundry,Textiles & Cosmetics Till 2024: Grand View Research, Inc.

The global optical brighteners market is expected to reach USD 1.11 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for optical brighteners from various industries including paper, personal laundry, textiles and cosmetics to improve illumination of the finished product is expected to be a principal factor in stimulating growth over the forecast period.

Increasing demand for whitening agents from the paper industry owing to their ability to impart superior brightness is expected to improve product penetration over the forecast period. Paper accounted for 35.8% of the global volume share in 2015. Growing consumer demand for paper from emerging economies including India and China is expected to propel expansion over the forecast period.

Textiles & apparels are one of the major end-uses of optical brighteners and are projected to witness significant growth at a 6.1% CAGR from 2016 to 2024. Increasing competitiveness among textile and garment manufacturers in Asia Pacific on account of high consumer demand has resulted in a significant rise in production volumes. This in turn has made a positive impact on the product demand owing to its ability to impart various shades of white to textiles & apparels which will influence industry expansion over the next few years.

North America optical brighteners market revenue, by end-use, 2013 - 2024 (USD Million)

Browse full research report on Optical Brighteners Market: http://www.grandviewresearch.com/industry-analysis/optical-brighteners-market

European optical brighteners market is expected to grow at a CAGR of 6.4% from 2016 to 2024 in terms of volume. Germany, France and Italy are expected to be key markets on account of a positive outlook of the cosmetics industry. Penetration of optical brighteners has increased significantly in personal care products such as soaps and shampoos which have resulted in improving market dynamics of the product in Europe.
Asia Pacific is expected to witness the fastest growth over the projected period. Increasing production volumes of textile and paper in India, Thailand and China is likely to propel expansion of the product over the next eight years. The market is predicted to reach a value of USD 312.3 million by 2024. Cost effective production approach of optical brightener manufacturers in the region has been a major incentive for growth.
The demand for optical brighteners in consumer products was 59.4 kilo tons in 2015. Various government policies including FDI and “Make in India’’ is expected to drive the Indian paper and textile industries. Rising demand for detergents &soaps in countries including India, China, U.S., and Saudi Arabia will play a significant role in influencing growth over the forecast period.
Key industry players include Huntsman International LLC, Archroma, RPM International Inc., Aron Universal Limited, Teh Fong Min International Co., Ltd., Keystone Inc., BASF SE, Deepak Nitrite Limited and 3V Incorporation. Companies in this sector are increasing their production capacities to expand their business presence and gain market share.

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Monday, 25 September 2017

Fertilizer Additives Market Is Anticipated To Reach $3.94 Billion By 2024: Grand View Research, Inc.

The global fertilizer additives market is projected to reach USD 3.94 billion by 2024, according to a new report by Grand View Research, Inc. Growing fertilizer industry and shrinking arable land are projected to drive the market over the forecast period.

Additives are added to fertilizers in order to inhibit the loss of key nutrients such as nitrogen phosphorus, potassium, and sulfur, among others. The additives, which are available in both, solid and liquid forms, are used during storage and transportation of fertilizers.

Anti-caking was the most popular function of additives in 2015. Caking of fertilizers is one of the major problems faced by farmers, retailers and manufacturers, particularly during rains. Change in storage temperatures also results in caking. Additives are used to overcome these challenges.

Global fertilizer consumption market, by region, 2015

Browse full research report on Fertilizer Additives Market: http://www.grandviewresearch.com/industry-analysis/fertilizer-additives-market

Further key findings from the study suggest:

Urea dominated the end product segment in 2015 with a share of 55.6%. it is widely used globally, since it contains the highest amount of nitrogen among all fertilizers. Factors such as shrinking arable land have increased the importance of products such as urea and ammonium nitrate, which help in cultivation in a short span of time, in limited available land.
Anti-caking dominated the function segment in 2015. This segment is projected to grow at the highest CAGR of 3.7 over the forecast period. Additives are used to avoid the formation of lumps in fertilizers, enabling safe storage and transportation.
Asia Pacific led the global market with a share of 58.8% in 2015. This region is home to some of the emerging countries such as China and India. The market in India, where, agriculture is the primary occupation, is projected to drive the market from 2016 to 2024.
The weather in this part of the world gets hot and humid during summer, which can lead to caking and loss of essential nutrients in fertilizers. Thus, additives are expected to play an important role in maintaining the quality of fertilizers in this region.
Clariant, KAO Corporation, Novochem Group, and ChemSol, LLC are some of the key manufacturers of additives. Other players include Filtra Catalysts & Chemicals Ltd., Solvay, Arrmaz, Chemipol, Forbon Technology, Michelman, Tolsa Group, and Amit Trading Ltd.
The companies adopted various development strategies such as new product developments, expansions, mergers & acquisitions, and agreements, partnerships, & joint ventures to establish themselves as market leaders and expand their global reach.

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Nanocoatings Market Hits USD 8.17 billion by 2020.: By Grand View Research, Inc.

The global nanocoatings market size was estimated at 309.5 kilo tons in 2013. Rising inclination towards the use of advanced nanomaterials in automotive and medical industries has led to an increase in the usage of nanotechnology, in turn boosting the growth of nanocoatings market.

Nanocoatings are nanotechnology-based coatings possessing unique properties such as ductility, lubricity, hardness, abrasion resistance, and transparency, unlike conventional polymer coatings. The market is expected to be driven majorly because of a shift in demand for the product over conventional polymer coatings owing to their extraordinary properties and lower volatile organic compound emissions.

Rising consumer awareness about self-cleaning and anti-microbial coatings in aerospace and mechanical applications to enhance the life spans of functional parts will augment the growth of the product over the forecast period. The global nanocoatings industry is estimated to be worth USD 8.17 billion by 2020.

Nanocoatings are available in numerous forms exhibiting functionalities such as self-cleaning, anti-fingerprint, anti-fouling & easy-to-clean and anti-microbial. Anti-fingerprint coatings are anticipated to witness significant gains with an estimated CAGR of 23.2% from 2014 to 2020, due to their extensive use in electronics and automotive applications.

Global nanocoatings market volume, by product, 2012 - 2020 (Kilo Tons)

Browse full research report on Nanocoatings Market: http://www.grandviewresearch.com/industry-analysis/nanocoatings-market

Anti-microbial coatings are majorly used in the food manufacturing, water treatment, building & construction, packaging, and medical & healthcare sectors to avoid the spread of harmful microbes. As of 2013, demand for these coatings was 90.9 kilo tons generating USD 541.6 million and is anticipated to grow at 22.9 % CAGR over the forecast period.

Self-cleaning coatings include photo catalytic and bionic products and are predicted to grow as they provide high water repellence which helps in retaining gloss and color. Easy-to-clean and anti-fouling coatings are expected to increase significantly with their increasing use in marine, food, electronics and automotive applications.

Demand for the product in medical & healthcare applications was 43.7 kilo tons in 2013. Increasing usage of anti-microbial nanocoatings and anti-fingerprints coatings owing to their differentiating properties are being extensively used in patient care facilities. This segment is expected to witness significant gains at 22.7% CAGR from 2014 to 2022. Demand in automotive applications was 39.8 kilo tons in 2013. Positive outlook towards the automotive industry is anticipated to bolster growth over the forecast period.

North America demand was 128.7 kilo tons in 2013 contributing to over 40% of the global market. The market is likely to witness growth owing to the growing requirement for the product in healthcare applications. Technological advancements have led to better healthcare amenities and increasing demand in the automotive sector in the U.S. have given a boost to the market.

Adoption of nanocoatings in European countries is likely to increase owing to price hikes of raw material and strict regulations concerning VOC emissions released from paints & coatings industry. Expansion of the electronics, healthcare and automotive industries in Asia Pacific due to innovative technologies and cost-effective labor is anticipated to drive the market demand.

Key market participants include Bio-Gate AG, P2i Ltd, Nanofilm Ltd., Buhler PARTEC GmbH, Nanophase Technologies Corporation, Nanogate AG, Integran Technologies Inc., Eikos Inc., Inframat Corporation, Cima NanoTech Inc., and Nanovere Technologies LLC.

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Anisole Market Is Projected To Grow Quickly Due To Growing Consumption Of Perfumes Till 2022: Grand View Research, Inc.

Global anisole market is expected to reach USD 54.9 million by 2022, according to a new study by Grand View Research, Inc. Rapid industrialization coupled with growing use of these intermediate chemicals for production of various other products such as building polycarbonates, and detergents is expected to promote capacity expansion over the next seven years.

Various factors including rising disposable income coupled with increasing spending on personal care products including perfumes is expected to drive product’s need over the forecast period.

High need from various applications including perfumes on account of its pleasant aromatic odor and pharmaceutical sector owing to its tremendous use as an intermediate chemical will be favorable for global industry expansion.

Rising need for consumer products such as fragrances and flavors on account of changing consumer habits along with better living standards is expected to augment the product demand in emerging economies including India, China, and Brazil. However, raw material availability will challenge growth over the next seven years.

Browse full research report on Anisole Market: http://www.grandviewresearch.com/industry-analysis/anisole-market

Further key findings from the study suggest:

Perfumes dominated the industry with revenue estimated over USD 19.0 million in 2014. Rising disposable income coupled with increasing penetration of players such as P&G and Reckitt Benckiser through new product launches in China and India is expected to promote cosmetics sector. This in turn will have a positive impact on the market over the forecast period. Furthermore, rapid urbanization, higher spending power and growing awareness regarding appearance and grooming in emerging economies is expected to propel perfume sector in the region thereby fuelling growth.
Pharmaceuticals were the second largest segment and valued over USD 14.0 million in 2014. Prevalence of various companies including Johnson & Johnson, Pfizer and Merck & Co. along with high R&D expenditure in the U.S. and Mexico will propel product expansion.
Europe was the largest market, estimated over USD 13.0 million in 2014. Growing personal care products sector in Germany, Italy, France and UK is expected to have a positive impact over the forecast period. Introduction of new gender-specific products and technological developments is expected to drive need for personal care products. This in turn will augment demand over the next seven years.
Asia Pacific is expected to witness fastest growth at a CAGR of 4.9% from 2015 to 2022. Growing popularity of various brands including Christian Dior, Chanel and Elizabeth Arden in developing countries is expected to augment demand over the next seven years. In addition, increasing need for men perfumes particularly in India and China is expected to propel industry over the forecast period.
Global industry is fragmented on account of presence of numerous companies. These invest highly in R&D to introduce innovative products and employ various strategies including M&A and joint ventures to expand their presence. In March 2011, Camlin Fine Chemicals Ltd. signed an acquisition agreement for Borregaard Italy’s anisole facility.

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Friday, 22 September 2017

Ceramic Coating Market Hits USD 13.1 Billion By 2025: By Grand View Research, Inc.

The global ceramic coating market is expected to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.2% over the forecast period, owing to Increasing utilization in automobile engine components and the aerospace & defense industry is projected to propel the market growth over the next eight years.

Ceramic coatings are being extensively used in the automobile and transportation industry owing to its anti-corrosion properties and offering resistance to abrasion and heat. Ceramic coatings are also used for providing a finished polish look on the exterior body of cars slowly replacing wax.

With growing research and development activities, ceramic coatings are venturing into wider application segments. Currently, automobile and transportation are expected to be the largest application for ceramic coatings. However, with further product innovations, the ceramic coating is likely to have larger application share than its counterparts such as PTFE or regular coatings.

Acquisition and joint ventures are an integral part of this market and allow companies to expand their market position and hold. Recent strategic initiatives signify that the end-use companies are acquiring/merging with companies possessing technology and patents for producing the ceramic coating to reduce the process cost and thus the final product prices.

U.S. ceramic coating market revenue by application, 2014 - 2025 (USD Million)

Browse full research report on Ceramic Coating Market: http://www.grandviewresearch.com/industry-analysis/ceramic-coatings-market

Further key findings from the report suggest:

The global ceramic coating market demand is expected to exceed 46.3 million tons by 2025, growing at an estimated CAGR of 5.1% from 2017 to 2025
In the product segment, oxide accounts for the largest share globally. The U.S. oxide segment was estimated to be around USD 1.37 billion in 2016
Asia-Pacific was the largest consumer in 2016 in terms of volume. It accounted for more than 40% of the global consumption in 2016
China is anticipated to be the largest consumer in Asia Pacific owing to presence of large number of industries coupled with tightening environment norms
The industrial components segment was the largest consumer in Asia Pacific in 2016 while aerospace & defense generated the substantial revenue in the U.S.
The automobile & transportation sector is projected to have the highest growth as major manufacturers are adopting ceramic coatings on engine components to combat corrosion

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Wednesday, 20 September 2017

Blow Molded Plastics Market Is Predicted To Grow Swiftly Due To Enhanced Application Scope In Construction, Automotive, And Packaging Sectors Till 2025: Grand View Research, Inc.

The global blow molded plastics market is expected to reach USD 191.6 billion by 2025, according to a new report by Grand View Research, Inc. The global blow molded plastics industry is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application sectors.

The industry has experienced solid development over the past years. However, several structural issues continue to plague the industry participants present in the entire value chain. Machinery manufacturers also compete heavily with price flections in, as is the case in most other machinery manufacturing industries.

These types of plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several application segments owing to their lubricity, flexibility, increased strength and stiffness, and various product characteristics (flame-retardant, UV stability, availability in numerous colors, and antioxidant). This trend is anticipated to drive global market growth over the forecast period. Reduced costs and light weight of plastic compounds further contribute to the rising product demand in various industrial applications, mainly in construction and automotive sectors.

Extrusion blow molded plastics was the largest and the fastest growing technology segment in 2016. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables the manufacturers to increase output along with the efficiency of providing customized products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology. Hence, it is expected to be the largest technology segment in the next eight years as it is used to manufacture plastic products for several end-use industries.

U.S. blow molded plastics market volume, by technology, 2014 - 2025 (Kilo Tons)

Browse full research report on Blow Molded Plastics Market: http://www.grandviewresearch.com/industry-analysis/blow-molded-plastics-market

Further key findings from the report suggest:

The global blow molded plastics demand was 68.13 million tons in 2016 and is estimated to grow at a CAGR of 3.6% from 2017 to 2025
Polyethylene was the largest product segment in 2016. PE compounds are dominantly used across various industries and have been an integral material for packaging industry. Apart from the packaging sector, the UHMWPE finds application in manufacturing high performance medical devices
Acrylonitrile butadiene styrene (ABS) to emerge as the fastest growing product segment owing to increasing demand form the automobile industry
Asia Pacific accounted for over 30% of the overall volume in 2016. China blow molded plastics market to witness a growth of 6.1% to reach a net worth of USD 30.62 billion by 2025.
Major resin manufacturers currently operating in the market include Dow Chemical Company, Sabic, ExxonMobil, LyondellBasell and Sinopec. They account for less than 40% of the overall global annual output
Favorable federal regulations by agencies such as EPA, NHSTA, CARB, and SEPA regarding carbon emissions along with EU initiatives to develop blow molding applications for manufacturing light and fuel-efficient cars are likely to boost global market growth

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Tuesday, 19 September 2017

Carbon Black Market Is Anticipated To Reach $28.05 Billion By 2022: Grand View Research, Inc.

The global carbon black market is expected to reach USD 28.05 billion by 2022, according to a new report by Grand View Research, Inc. Increasing automotive sales and consequent rise in tire production is expected to drive industry growth over the forecast period.

High demand for plastics and high performance coatings in automotive manufacturing is also expected to have a positive influence on the market growth. Carbon black provides electrical conductivity and antistatic properties to many plastic products ranging from insulation materials to highly conductive areas.

Policies aimed at reducing GHG emissions during carbon black production processes may hamper growth trajectory over the forecast period. Since the production process is highly energy intensive, optimization of processes and greener & sustainable alternatives are paramount to tackle such issues in future.

U.S. carbon black market volume by application, 2012 - 2022 (Kilo Tons)

Browse full research report on Carbon Black Market: http://www.grandviewresearch.com/industry-analysis/carbon-black-market

Further key findings from the report suggest:

Global carbon black market demand was 11.99 million tons in 2014 and is expected to reach 16.40 million tons by 2022, growing at a CAGR of 3.9% from 2015 to 2022
Tires were the leading application segment and accounted for over 70% of the overall volume in 2014. Increasing passenger car sales and a robust aftermarket and OEM sectors of automotive industry are expected to drive tire production, thereby increasing carbon black consumption over the forecast period.
Plastics are expected to be the fastest growing application segment at a CAGR of 4.3% from 2015 to 2022. Increasing usage of specialty grades for improving electrical conductivity, better UV resistance and antistatic properties in plastics is expected spur growth.
Asia Pacific dominated the global market with demand share estimated 54.8% in 2014. Increasing carbon black demand in plastics, general rubber goods and tire manufacturing particularly from emerging economies of China, India, and Indonesia is expected to drive the regional market over the forecast period. Mature markets of North America and Europe are characterized by increasing regulatory intervention to reduce greenhouse gas emissions during carbon black production.
The industry has a presence of large multinational corporations who have integrated their operations, i.e., from feedstock to carbon black production. Compared to independent manufacturers, these companies enjoy a distinct advantage of cutting down on raw material procurement costs.
Key players in the global carbon black industry include OJSC Kremenchug, OMSK Carbon Group, Tokai Carbon Co. Ltd., Sid Richardson Carbon & Energy Co., Ralson Goodluck Carbon, Asahi Carbon Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon, OCI Co. Ltd., Birla Carbon and Cabot Corp.

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Thursday, 14 September 2017

Polyethylene Wax Market Is Estimated To Reach $2.37 Billion By 2022: Grand View Research, Inc.

The global polyethylene wax market is expected to reach USD 2.37 billion by 2022, according to a new report by Grand View Research, Inc. Rapid shale gas development in North America has provided new avenues for producing ethylene, which has benefited production. Increasing PE wax demand across printing inks and adhesives industry is also expected to support the market growth. Volatile prices of polyethylene are expected to impact the profitability of key producers.

Polymerization was the leading technology segment and accounted for over 50% of total market volume in 2014. The technology is primarily used for high density polymerized and low density polymerized PE wax. On account of developing demand for specialized and customized wax, modification technology is expected to witness significant gain in its size over the next seven years.

U.S. polyethylene wax market revenue by product, 2012-2022 (USD Million)

Browse full research report on Polyethylene Wax Market: http://www.grandviewresearch.com/industry-analysis/polyethylene-pe-wax-market

Further key findings from the report suggest:

Global polyethylene (PE) wax market demand was 323.6 kilo tons in 2014 and is expected to grow at a CAGR of 7.5% from 2015 to 2022.
High density polymerized wax was the leading product segment and accounted for 40% of total market volume in 2014. Increasing penetration of high density polymerized wax across printing inks, textile, food packaging, cosmetics and adhesives is expected to drive this segment.
Masterbatches were the most dominant application segment with demand share estimated at over 20% in 2014. Printing inks is expected to witness the fastest growth of 8.7% from 2015 to 2022 on account of technological innovations in the industry.
Asia Pacific PE wax market emerged as the leading regional industry and accounted for over 35% of total volume in 2014. Increasing demand from China, India and Vietnam on account of growth of key end-use industries in these countries is expected to drive the regional growth. It is also expected to witness the highest growth of 8.2% from 2015 to 2022.
Global polyethylene (PE) wax industry is fragmented in nature on account of large number of domestic companies operating in the global market. Key industry participants include Marcus Oil & Chemicals Private Ltd, Merco Wax Company, Innospec Inc., Hase Petroleum Wax Co., Young's, Sanyo Chemical, SCG Chemicals, Synergy Additives, GMT, Lion Chemtech and Coschem.

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