Increasing Demand for Sustainable Alternatives to Boost Sales of Tire Cord and Tire Fabric,Finds TMR7/29/2016 With only a few companies raking in the highest revenues, the global tire cord and tire fabrics market exhibits a consolidated vendor landscape, observes Transparency Market Research (TMR) in a new report. Small players operating in the market pose considerable threat to the leading players, as they provide cheaper alternatives to products manufactured by bigger companies. Nevertheless, large players usually capitalize on supply agreements and their goodwill in the market.
However, if demand for tire cord and fabrics rises at a lower rate than capacity addition, even the large players stand a chance of losing their profitability marginally. Among the most prominent companies, Hyosung Corporation holds the dominant share of 15.8% in the market. The company owes much of its lead to the fact that it produces more than one kind of tire cords. Other leading players such as Bekaert are exclusively engaged in the manufacture of steel cords. As per TMR, Hyosung Corporation, Kordsa Global, Bekaert, Kolon Industries, Inc., and SRF Ltd. together holds 59.2% of the global tire cord and tire fabrics market. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1977 Growth in Tire Cord and Tire Fabrics Sales Directly Corresponds to Expansion of Automotive Industry The rising demand for automotive globally, particularly in the emerging nations of Asia Pacific is expected to considerably boost sales of tire cord and tire fabrics. Since, the market is directly related to conditions in the automotive industry, volatility in macro-economic conditions affecting auto manufacturers also adversely influences the prospects for enterprises engaged in tire cords and fabrics sale. India and China have emerged as lucrative domestic markets for tire cord and fabrics. Experts are touting these countries to be the market leaders of the future. “The emerging middle-class population in India and China has considerably contributed in the rising demand for automotive in Asia Pacific, which makes the region the most attractive market for tire cord and tire fabrics,” said a lead analyst in TMR. Revival of the U.S. Economy Provides Fresh Growth Opportunities to Market “The revival of the U.S. economy will also infuse fresh demand for tire cords and fabrics,” he added. As per TMR, the U.S. accounts for over 60% of all commercial and passenger vehicles sold in North America. Therefore economic rebound post-recession in 2008-2009, will fuel opportunities for the tire cord and tire fabrics manufacturers in the U.S. This is expected to be a major factor fuelling demand for tire cords and fabrics globally. On the contrary, despite being home to the most prominent brands in the automotive industry, Europe witnessed a sharp decline in demand for vehicles during economic slowdown. This however is the only region that is yet to recover from effects of the global recession. The road to recovery has been sluggish in Europe due to the slow GDP growth reported in the region. The decreasing demand in the region is hampering the overall prospects for the global tire cord and fabrics market. Asia Pacific Emerges as Lucrative Market for Sale of Tire Cord and Tire Fabrics The overcapacity of Asia Pacific, especially in China, also negatively influences the market’s trajectory. Nevertheless, manufacturers are projected to gain significantly from the launch of hybrid tire technologies. The increasing demand for environmentally sustainable and bio-based alternatives also bodes well for the market. Regionally, the rising demand for automotive has sealed Asia Pacific’s dominance in the global tire cord and tire fabrics market. North America has emerged as the second-largest regional market for tire cord and tire fabrics. In terms of products, the market witnesses the highest demand for steel tire cords. Based on in-depth research, TMR has pegged the overall value of the global tire cord and tire fabrics market at US$4.14 bn in 2015. Rising at a CAGR of 4.9% between 2015 and 2023, the market is expected to reach US$6.37 bn by the end of 2023. This review is based on TMR’s report, titled “Tire Cord and Tire Fabrics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2023?.” About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Bio Solvents Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 20247/29/2016 Bio Solvents Market: Drivers and Trends Snapshot
The global bio solvents market is primarily driven by volatile petrochemical prices associated with growing health concerns due to VOC presence in conventional solvents. In addition, stringent regulations by DEFRA, EPA and REACH with respect to toxicity content in conventional solvents have fueled the growth of bio solvents. This trend is projected to have a positive impact on the global market growth over the next six years. Further, increasing penetration of bio solvents in coatings, paints, sealants and adhesives and printing inks is projected to have a positive impact on the growth of bio solvent market. Furthermore, increasing spending on construction coupled with positive outlook of the automotive industry specifically in emerging markets of Asia Pacific and Latin America due to growing industrialization and urbanization rates are expected to drive demand for paints and coatings. Growing demand for paints and coatings is expected to further boost the global bio solvents market growth. In addition, increasing consciousness regarding harmful effects of conventional solvents in personal care and pharmaceutical products is expected to further drive bio solvents demand in the respective applications. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13226 Understanding the market demand, manufacturers are focusing on increasing investment on R&D to increase bio solvents application scope in cosmetics and pharmaceutical applications. High production costs combined with bio solvents is expected to remain a key challenge for industry participants. New product innovation and advancements in production technologies are expected to counter such challenges during the forecast period. Bio Solvents Market: Segmentation Global bio solvents market is segmented into product type, application type and geography. Based on product type the market is segmented into soy methyl esters, glycols, lactate esters, and alcohol among others such as polyhydroxyalkanoates, d-limonene and diols. On the basis of application, bio solvents market is segmented into paints & coatings, printing inks, adhesives and sealants among other niche applications such as cosmetics and pharmaceuticals. The major product segment lactate ester accounted for just below one-third of total market in terms of volume in 2013. Increasing lactate ester solvents demand in printing inks, coatings and industrial applications is projected to drive the market growth during the forecast period. Furthermore, glycol solvents are expected to grow with highest growth rate due to its increasing penetration in paints and printing inks, industrial coatings and automotive coatings industries. Its high blush resistance and slow evaporation rate are driving its demand over other solvents in the respective applications. Apart from this, increasing spending on construction in different emerging markets such as India, China, Brazil and Mexico on account of rapid urbanization and industrialization rates is expected to remain a major driving factor for the application segment. Changing trends towards using eco-friendly paints coupled with growing industries of construction is expected to drive bio solvents demand. Paints & coatings application segment emerged as the largest segment accounting for a major chunk in the global market. Growing paints & coatings demand in automotive and construction industries has been a key factor driving bio solvents demand. Sealants and adhesives are expected to experience the highest growth rate during the forecast period. Bio Solvents Market: Region-wise Insight North America dominated the bio solvents market and accounted for over one-third of total market in terms of volume in 2013. High level of consciousness regarding environmental and health effects due to usage of conventional solvents and stringent environmental regulations have prompted the shift towards developing bio solvents. Asia Pacific is expected to register significant growth rate due to growing automotive and construction industries. In addition, rapid industrialization in emerging markets of India and China are expected to drive adhesives and sealants demand. Furthermore, growing concerns regarding degradability of conventional solvents is expected to further drive the Asia Pacific market growth. Browse The Full Research Report At : http://www.transparencymarketresearch.com/bio-solvents-market.html Bio Solvents Market: Key Players Some of the key players operating in the bio solvents market are The Dow Chemical Co., E.I. du Pont de Nemours & Co.,AkzoNobel N.V., BASF SE, Cargill Inc., LyondellBasell, Vertec Biosolvents, BioAmber, Myriant Corp., Huntsman Corp., Florida Chemical Company, Inc. The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. The study is a source of reliable data on:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Innovation and customization are the two strategies on which companies in UAE and GCC geotextiles and geogrids market are focusing to increase their sales, reports Transparency Market Research in a new study. Given the highly fragmented market, more agreements to guarantee the supply of specific products are expected to be signed between manufacturers and suppliers. The leading companies in the geotextiles and geogrids industry in UAE and the GCC are Alyaf Industrial Co.Ltd., Al Latifia Factory for Plastic Mesh, BMC Gulf, and Exeed Industries.
As a result of the existence of small companies at the regional level, the geotextiles and geogrids market is highly fragmented in nature. The regional companies are focusing on the regional demands, which is creating a challenge for the leading manufacturers to maintain their stand in the regional market. The steady similar pricing strategies adopted by the manufacturers of geotextiles and geogrids is the reason for the oligopolistic nature of the market. This has compelled manufacturers to come up with innovations to customize their products so that customers can differentiate them from other products in the same segment. Development of Gulf Railway Project to Increase Demand for Geotextiles and Geogrids As geotextiles and geogrids are capable of holding soil, the construction engineers of the Gulf Railway project are looking forward to use it in the construction of railways in the Gulf regions. Due to the harsh topography of the Gulf region, geotextiles and geogrids are suitable for the construction of railway lines in the area. . Geotextiles and geogrids also have additional advantages of improving sand texture, preventing soil erosion and for filtration purposes in underground drainage services. These positive properties are compelling engineers to use geotextiles and geogrids underneath railway tracks to reduce disruption caused by train movement and maintaining the stability of land during sand storms and high temperature. The Gulf Railway projected flourished when the countries in the GCC shifted their focus towards strengthening trade when economic growth started in MENA. The project is aimed at connecting six GCC countries. This has created a positive impact on the sales of geogrids and geotextiles as they help in the seamless train movement in extreme areas. The need for alternative solutions for smooth train movement in GCC authorities is expected to augment the growth of the geotextiles and geogrids market in GCC and UAE. Sales of Geotextiles and Geogrids to Increase Due to Road Development Projects The road transportation system in the GCC is well developed as it is a primary mode of transportation. Several countries in the GCC have a wide a high capacity road network. But due to the extreme weather conditions and unfavorable topography, the quality of infrastructure has been poor in this region. Moreover, due to road infrastructural gaps between rural and urban roads, internal trade is likely to get affected. Additionally, as a result of the increasing congestion in urban areas and high traffic density, UAE and the countries in the GCC are focusing on the need for improved road transport to support the emerging economic development. TMR also states in its report that the growing road development projects in these regions will augment the sales of geotextiles and geogrids. Get FREE PDF Brochure For More Professional and Technical Insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1712 Thus, these factors are expected to improve the demand for geotextiles and geogrids in the GCC and UAE, as they are the ideal products for achieving road transport stability and high qualities in these regions. Fluctuating Cost of Raw Materials to Affect the Sales of Synthetic Geotextiles and Geogrids Geotextiles and Geogrids are mostly made of a combination of natural or synthetic polymers. Polymers such as polypropylene and polyester are derived from petroleum. Due to the rising concerns about depleting petroleum reserves, there has been a shortage of its derivative materials in the market, which is in turn leading to a rise in the price of these materials. The inclination of consumers towards geotextiles made of natural fibers due to their low cost, is likely to hamper the sales of the synthetic geotextiles and geogrids. In this regard manufacturers are searching for innovative approaches that will lower the manufacturing cost of polymer geogrids and geotextiles, helping them sustain its demand in the region. The demand for geotextiles in the GCC (excluding UAE) in 2015 was valued to be US$135.4 mn and expected to reach US$200.5 mn by 2019. Whereas, the demand for geotextiles in UAE was vworth US$36.4 mn in 2015 is anticipated to reach US$52.2 mn by the end of 2019. The review has been based on the findings of a TMR report titled “Geotextiles and Geogrids Market in UAE and GCC - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019” About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Innovation and customization are the two strategies on which companies in UAE and GCC geotextiles and geogrids market are focusing to increase their sales, reports Transparency Market Research in a new study. Given the highly fragmented market, more agreements to guarantee the supply of specific products are expected to be signed between manufacturers and suppliers. The leading companies in the geotextiles and geogrids industry in UAE and the GCC are Alyaf Industrial Co.Ltd., Al Latifia Factory for Plastic Mesh, BMC Gulf, and Exeed Industries.
As a result of the existence of small companies at the regional level, the geotextiles and geogrids market is highly fragmented in nature. The regional companies are focusing on the regional demands, which is creating a challenge for the leading manufacturers to maintain their stand in the regional market. The steady similar pricing strategies adopted by the manufacturers of geotextiles and geogrids is the reason for the oligopolistic nature of the market. This has compelled manufacturers to come up with innovations to customize their products so that customers can differentiate them from other products in the same segment. Development of Gulf Railway Project to Increase Demand for Geotextiles and Geogrids As geotextiles and geogrids are capable of holding soil, the construction engineers of the Gulf Railway project are looking forward to use it in the construction of railways in the Gulf regions. Due to the harsh topography of the Gulf region, geotextiles and geogrids are suitable for the construction of railway lines in the area. . Geotextiles and geogrids also have additional advantages of improving sand texture, preventing soil erosion and for filtration purposes in underground drainage services. These positive properties are compelling engineers to use geotextiles and geogrids underneath railway tracks to reduce disruption caused by train movement and maintaining the stability of land during sand storms and high temperature. The Gulf Railway projected flourished when the countries in the GCC shifted their focus towards strengthening trade when economic growth started in MENA. The project is aimed at connecting six GCC countries. This has created a positive impact on the sales of geogrids and geotextiles as they help in the seamless train movement in extreme areas. The need for alternative solutions for smooth train movement in GCC authorities is expected to augment the growth of the geotextiles and geogrids market in GCC and UAE. Sales of Geotextiles and Geogrids to Increase Due to Road Development Projects The road transportation system in the GCC is well developed as it is a primary mode of transportation. Several countries in the GCC have a wide a high capacity road network. But due to the extreme weather conditions and unfavorable topography, the quality of infrastructure has been poor in this region. Moreover, due to road infrastructural gaps between rural and urban roads, internal trade is likely to get affected. Additionally, as a result of the increasing congestion in urban areas and high traffic density, UAE and the countries in the GCC are focusing on the need for improved road transport to support the emerging economic development. TMR also states in its report that the growing road development projects in these regions will augment the sales of geotextiles and geogrids. Get FREE PDF Brochure For More Professional and Technical Insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1712 Thus, these factors are expected to improve the demand for geotextiles and geogrids in the GCC and UAE, as they are the ideal products for achieving road transport stability and high qualities in these regions. Fluctuating Cost of Raw Materials to Affect the Sales of Synthetic Geotextiles and Geogrids Geotextiles and Geogrids are mostly made of a combination of natural or synthetic polymers. Polymers such as polypropylene and polyester are derived from petroleum. Due to the rising concerns about depleting petroleum reserves, there has been a shortage of its derivative materials in the market, which is in turn leading to a rise in the price of these materials. The inclination of consumers towards geotextiles made of natural fibers due to their low cost, is likely to hamper the sales of the synthetic geotextiles and geogrids. In this regard manufacturers are searching for innovative approaches that will lower the manufacturing cost of polymer geogrids and geotextiles, helping them sustain its demand in the region. The demand for geotextiles in the GCC (excluding UAE) in 2015 was valued to be US$135.4 mn and expected to reach US$200.5 mn by 2019. Whereas, the demand for geotextiles in UAE was vworth US$36.4 mn in 2015 is anticipated to reach US$52.2 mn by the end of 2019. The review has been based on the findings of a TMR report titled “Geotextiles and Geogrids Market in UAE and GCC - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019” About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. The top three players, Calgon Carbon Corporation, Cabot Corporation, and Meadwestvaco Corporation occupied about 68% of the global activated carbon market by revenue in 2012. The oligopolistic market has many joint ventures between large and small carbon manufacturers in order to enhance their revenue growth, reports Transparency Market Research (TMR) in a new study.
“Air purification is expected to emerge as the most promising application in the activated carbon market globally, from the manufacturing point of view,” the author of the study states. The inherent quality of activated carbon can be used in air purification and water treatment, making it a smart investment for many industries and municipal bodies. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=114 Activated Carbon Assisted Flue Gas Purification Becomes Need of the Hour Coal-burning and cement plants in China emit alarming levels of mercury, more mercury than the United States, India, and Europe combined. China has taken a few necessary measures to phase out the high levels of mercury emissions. The demand for activated carbon will grow in China in the wake of environment conservation. The European Union and countries such as Australia and Japan are also introducing special programs in order to monitor the mercury emissions from coal-fired power plants closely. Other than flue gases, activated carbon is also used in water treatment plants. A growth in the trend of wastewater management is expected to fuel the activated carbon market globally. The APAC region, especially India and China, is anticipated to register the highest growth in the wastewater treatment market. Reactivation of Spent Carbon Could Reduce Pressure on Vendors Reactivation of spent carbon reduces the price to 65%-85% of the virgin activated carbon. This process has resulted as a remedy to the increasing pressure on companies to reduce their activated carbon production cost. Moreover, the reactivation process resolves disposal problems and cuts down greenhouse gases by 80% as compared to the production of the virgin material. In addition, refineries working on carbon reactivation are awarded environment credits by regulatory bodies. Europe has been a leading user of activated carbon since decades. However, prospects of reactivated carbon seem to be thriving in North America. Gradual Increase Observed in the Demand for Gas Phase Activated Carbon Owing to Growing Trend of Air Purification On the basis of products, the market has been segmented into powdered activated carbon, granular activated carbon, and other forms of activated carbon. The powdered activated carbon dominates the market followed granular activated carbon. However, the activated carbon market is subject to experiments and the companies are shifting their focus to the research and development of new types of activated carbon. “The global market for activated carbon will register considerable growth in the forthcoming years,” the TMR analyst predicts. By revenue, the global activated carbon market is anticipated to rise from US$2,656.8 mn in 2015 to US$4,180.5 mn in 2019. With the rising concerns for air purification, the gas phase activated carbon is expected to witness a gradual rise in its demand. However, liquid phase activated carbon will maintain a lead throughout the forecast period. The information presented in this review is based on a Transparency Market Research report, titled, “Activated Carbon Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. The global market for silicon metals is highly consolidated and is led by a handful of multinational companies. Transparency Market Research finds that this has compelled players to focus on product differentiation as well as supply chain integration in order to survive this challenging vendor landscape. “An increasing number of manufacturers today have silicon metal manufacturing assets, quart mining units, and even produce downstream products so as to establish a strong foothold in the silicon metal market,” a lead analyst at TMR states.
Dow Corning Corporation, for instance, has been successfully performing mergers and acquisitions in the silicon metal market to establish an integrated and low-cost-intensive supply chain. Over the years, the company has acquired the silicon manufacturing assets of different companies and this has enabled it to not only provide efficiency and stability to its business operations but also integrate these operations. Another excellent example would be Wynca Group, whose strong technical support network and research and development activities through the Organic Research Institute has helped the company develop newer applications of silicon in the downstream segment. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12845 Players Hope to Overcome High Cost of Production with Support from Government The global solar industry has been witnessing immense emphasis in recent years owing to the rising focus on the development of viable renewable energy sources. Supported by numerous government regulations and initiatives, this has resulted in the soaring demand for and implementation of solar panels across various industries. This, in turn, has driven the demand for silicon metal. Solar panels form one of the most important applications of silicon metal and a boost in the solar energy industry translates to a boost in the silicon metal market as well. The growing application of aluminum alloys in transportation is also projected to continue driving the demand for silicon metals. On the other hand, the high cost of production is a key challenge for most players in the market. “The cost of production of silicon metal is dependent on important variables such as the cost of raw materials, labor, power, and transportation,” the TMR analyst explains. “A spike in any of these variables results in the increase in the silicon metal cost of production.” In addition to this, market volatility is anticipated to hamper the growth of the silicon metal market in the coming years. Modest Growth in Store by Value and Volume The volume demand for silicon metal, as per TMR, is poised to surge at a 4.3% CAGR from 2016 to 2024. On the basis of revenue, however, the market is anticipated to register a slightly faster pace during the forecast period, at a 5.2% CAGR. The value of the silicon metal market is projected to rise from US$2.2 bn in 2015 to US$3.4 bn by 2024. Asia Pacific is the largest market for silicon metal and is forecast to account for a share of over 45% by 2024. Browse The Full Research Report At : http://www.transparencymarketresearch.com/silicon-metal-market.html This review is based on the findings of a TMR report titled “Silicon Metal Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024.” Silicon Metal Market – Application Analysis
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. China to Provide Major Impetus to Styrene Acrylonitrile (SAN) Resins Production, Says TMR7/28/2016 The global styrene acrylonitrile resins market is moderately consolidated, where top players own large shares while a larger number of small and mid-sized producers operate in some of the most fruitful regions for SAN resins demand, including China and India. INEOS Styrolution Group GmbH, Trinseo S.A., and Asahi Kasei were the top three manufacturers of SAN resins in 2015, with a collective share of 35.7% in revenue.
Till 2024, the overall competition for a greater market share is expected to remain high, states Transparency Market Research (TMR) in a new report. Packaging is expected to remain the one of the most attractive industries for the demand of styrene acrylonitrile resins since 2015. A massive range of end-user industries include packaging as a major aspect of their products, thereby allowing a greater number of SAN resins producers to gain market share. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9848 Other fields that will demand a higher proportion of styrene acrylonitrile resins include electrical and electronics, automotive, and construction industries. According to TMR, the auto industry is expected to show the slowest growth rate out of all end users, and market players are advised to look for future signs of market saturation. Global SAN Resins Producers Seek Major Opportunities in China “China is the world’s largest market for styrene acrylonitrile resins and a top converter as well as producer of plastics,” states a TMR analyst. “In 2013, this nation alone held nearly 25% of the global share of plastic production by volume. This is why producers of SAN resins are all hoping to get in on the action in China,” the analyst adds. The China plastic industry has consistently worked on high investments and low operating costs, making it an extremely lucrative location for most plastic raw material providers. This region has shown a staggering growth rate over the past decade, which implies keeping a high rate of plastics production rates though the economic meltdown that hit the world in 2009. Rigid Packaging for Personal Care Products Possess Major Opportunity for SAN Resins Demand Another industry out to make a wide scale use of styrene acrylonitrile resins is the packaging industry, more specifically, the packaging industry for personal care products. Rigid packaging is gaining preference and momentum in the personal care products industry, owing to the addition of a better caliber of shape and aesthetic value to it. Additionally, the personal care industry is one of the fastest-growing FMCG industries in the world today. Similar opportunities for SAN resins demand growth lie in the pharmaceutical packaging industry. Consumer Goods Industry Remains Top End User for SAN Resins The segment of consumer goods is expanding at a CAGR of 3.5% from 2016 to 2024. It is set to be the fastest-growing end user segment for SAN resins throughout the above forecast period, owing to the very high priorities set by the retail industry on packaging aesthetics and product integrity. This demand is a key contributor to the 4.0% CAGR expressed by the global styrene acrylonitrile resins market between 2016 and 2024, in terms of revenue. By 2024, the global SAN resins market is expected to reach US$2.8 bn and was pegged at US$2 bn in 2015. Asia Pacific is expected to increase its market share of volume in this market, which was rated at 54.1% in 2015, owing to the high demand for SAN resins in China. The above data was collated from a research report released by TMR, titled “Styrene Acrylonitrile (SAN) Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” Key Segments of the Global Styrene Acrylonitrile (SAN) Resins Market Global Styrene Acrylonitrile Resins Market, By End-users:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. The top three players, The Mosaic Company, PotashCrop, and Vale Fertilizers held a collective share of 10.5% in the global sulfuric acid market in 2014. However, the competitive landscape of the market is defined by sluggish growth due to capital-intensive nature of the market and growing concerns about hazardous effects of sulfuric acid, says Transparency Market Research in a new report.
To change the pace of the market and to earn higher revenues, companies will focus on mergers and acquisitions. Development of high-performance products and establishing valued customer relationships are also some the key strategies being adopted by players operating in the overall market. For instance, The Mosaic Company, a global leader, is focused on achieving output by minimizing its carbon footprint. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8911 Sulfuric Acid Demand Remains Steady in Developing Regions Sulfuric acid is a critical component of various processes as it is used as both, an intermediate and as a raw material for chemical manufacturing processes. The rapid industrialization in China is identified as the major factor accelerating the consumption of sulfuric acid. This growth will also be supplemented by the rise of the chemicals industry in China. “Furthermore, the positive trajectory of GDP, increasing foreign investments, flexible environmental regulations, and availability of cheap labor are expected to boost the manufacturing sector, which in turn will have a positive impact on the sulfuric acid market in developing countries,” says a TMR analyst. As several emerging economies such as India, China, and South Africa boost their cultivation of cotton, wheat, rice, and soya bean, they will require gigantic amounts of these fertilizers which use sulfuric acid as an integral component. Demand for phosphate fertilizers, especially in the agriculture-based economies, is expected to add the burgeoning demand of sulfuric acid. The ever-changing pricing of raw materials such as crude oil, sulfur, and natural gas are the biggest hindrances in the overall market. As sulfur is also extracted during the processing of natural gas and refining of crude oil, any changes in the prices of these materials have a direct bearing on the pricing of sulfur. Furthermore, regulatory framework dissuading usage of sulfuric acid and sulfur dioxide due to its harmful effects of human life is also overshadowing the market’s potential to grow. Alternative Recovery Processes to Offer New Opportunity for Overall Market Development of alternative methods to recover sulfur is anticipated to provide an exceptional boost to the market. Materialization of these methodologies will also eliminate the dependency on the pricing of crude oil and natural gas. Leading players such as Bahrain Petroleum Company B.S.C., ExxonMobil Corporation, and Bechtel Corporation are making exceptional investments in developing these methods to reduce fugitive emissions while recovering sulfur. The report states that the opportunity in the global sulfuric acid market will be worth US$85.4 bn by the end of 2023 from US$67.9 bn in 2014. During the given forecast period of 2015 and 2023, this market is anticipated to rise at a CAGR of 2.6%. The fertilizers end-user segment is will hold the largest share in the overall market, accounting for nearly 65% by the end of 2023. The review of the global sulfuric acid mentioned above has been based on the information published by Transparency Market Research titled “Sulfuric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” The report segments the global sulfuric acid market as follows: Sulfuric Acid Market – Application Analysis
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Intelligent Polymers Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 – 20247/27/2016 Intelligent Polymers Market: Overview
Intelligent polymers, also known as smart polymers or stimuli-responsive polymers, are high-performance polymers that are sensitive to the slightest environmental changes. These change according to the temperature, humidity, pH, and electrical, or magnetic field. They are synthesized by combining reactive functional groups to backbone chains during polymerization. Based on the selection of backbone chain and functional group, intelligent polymers possess different properties such as mechanical, chemical, electrical, and optical. They are flexible, easy to color, strong, easy to mold, and tough. Intelligent polymers are primarily used in the production of hydrogels, biodegradable packaging, and biomedical engineering products. They are also employed in the manufacture of daily-usage products such as nappies, helmets, plastic bags, plastic bottles, and chewing gums. Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13205 Based on physical features, intelligent polymers can be classified into free linear chain solutions, reversible gels covalently cross linked and polymer chain grafted on a surface. Based on stimuli, these polymers can be classified into physical stimuli (temperature, ultrasounds, light, and mechanical stress), chemical stimuli (pH and ionic strength) and biological stimuli (enzymes and biomolecules). Intelligent Polymers Market: Trends Snapshot Intelligent polymers are used in various industries such as biomedical, tissue engineering, textile engineering, biotechnology, and pharmaceuticals. These polymers are employed in drug delivery systems, where they can safely transport a pharmaceutical compound into the body, in the biomedical industry. This is done automatically without the use of sensors, transducers, switches, or pumps. When the polymers are exposed to critical temperature they show certain changes in their properties, which is used in tissue culture application. Certain category of new polymers are being developed by companies; these have the ability to return to their original shape from the deformed shape once exposed to external stimuli. These polymers are known as shape-memory polymers and are used in textile engineering. Smart polymers are employed in biotechnology and pharmaceutical formulations, as they get physically mixed or chemically conjugated to biomolecules. These are used for yielding other products. Intelligent Polymers Market: Region-wise Insight North America and Europe have been dominating the intelligent polymers market since the last few years. These polymers are used extensively in the biomedical sector, which is expanding significantly in North America and Europe. These regions have been considered among the most technologically advanced across the globe. Companies operating in the intelligent polymers market in North America and Europe focus on product innovation through research and development. Asia Pacific is expected to be the fastest growing region in the intelligent polymers market in the near future. The emerging economies of developing countries in Asia Pacific region, like India and China are expected to drive the growth of this market. Other regions such as Middle East & Africa and Latin America are expected to provide growth opportunities for intelligent polymers market during the forecast period. Intelligent Polymers Market: Competitive Landscape Intelligent polymers have the potential to drive the growth of all the industries, as they can adapt to the environmental changes. This increases product performance and extends its lifespan. Various companies are applying the concept of intelligent polymers to their products to improve their performance and quality. Autonomic Materials, Inc. uses intelligent polymers as self-healing agents in products such as elastomers, thermosets, and powder coatings. This allows the use of products for customized solutions and various applications. High Impact Technology, LLC uses intelligent polymers in its resin systems for self-sealing technology. This provides superior corrosion and abrasion protection to prevent leakages. Key players operating in the intelligent polymers market include The Dow Chemical Company, Huntsman International LLC, Akzo Nobel N.V., Covestro AG, Autonomic Materials Inc., and High Impact Technology LLC. The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Increasing passenger car count and growing commercial activities are expected to fuel the global automotive lubricants market between 2014 and 2020. The number of passenger cars is increasing significantly in Asia Pacific which has resulted in increased demand for automotive lubricants in the region.
Lubricants play a vital role in reducing friction and wear & tear in automobiles. The property to reduce friction is known as “lubricity.” A good lubricant is expected to possess different properties, namely high boiling point, high viscosity index, corrosion prevention, thermal stability, low freezing point and high resistivity to oxidation. Proper lubricant of the automotive and its parts increase the operating lifespan of vehicles, thereby providing higher efficiency outputs. Lubricants primarily contain 90% base oils and 10% additives. These lubricants are predominantly manufactured from mineral oils. Synthetic lubricants are being widely accepted due to their environmental compatibility and technical benefits over conventional mineral oil-based lubricants. Get Free PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9052 Synthetic lubricants offer high performance with outstanding engine protection. A vehicle requires less maintenance and has greater operating efficiency. The additives used in the lubricants play a very important role in improving the performance of the base oils. The various types of additives added to the base oils are viscosity index improvers, corrosion inhibitors, detergents, dispersants, metal deactivators and others. The global lubricants additives market can be segmented on the basis of types into engine oil, gear oil, grease and transmission fluids. Engine oil is expected to dominate the global automotive lubricants market during the forecast period. Engine oils are also known as motor oils. They are used for lubrication of internal combustion engines and reduce wear and tear, improve sealing, cool the engine and inhibit corrosion. Engine oils captured more than 70% market share of the global automotive lubricants market. There are various standards for engine oil globally. Some of the organizations that benchmark these standards are American Petroleum Institute (API), Japanese Automotive Standards Organization (JASO) and Association des Constructeurs Européens d'Automobiles (ACEA). Due to increasing disposable income in Asia Pacific countries such as China and India, the demand of cars has increased in the region. In 2013, China ranked first in terms of passenger cars sale. The region is expected to dominate the global automotive lubricants market during the forecast period. Europe and North America are very mature market for automotive lubricants. These regions use high quality and low viscosity lubricants to comply with the stringent emission norms. In Europe, the targeted permissible limit for carbon dioxide emission for a passenger car is 130 grams per kilometer for 2015. The targeted emission limit is further reduced to 95 grams per kilometer by 2021. Browse The Full Research Report At : http://www.transparencymarketresearch.com/automotive-lubricants-market.html Increasing disposable income that results in increasing the sale of vehicles are expected to drive the global automotive lubricants market during the forecast period. However, stringent environment regulations are forcing the vehicle owners to use high performance lubricants that will result in lower carbon dioxide emission and better fuel economy. Some of the key players in the global automotive lubricants market are BP plc, Chevron Corporation, ExxonMobil Corporation, ConocoPhillips Corporation, Fuchs Lubricants Co., LUKOIL Oil Company, Royal Dutch Shell plc, Total S.A., Valvoline, Idemitsu Kosan Co. Ltd., The JX Nippon Oil & Energy Co. and Repsol S.A. among others. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. |
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December 2016
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