Glucaric Acid Market Will Grow at a Steady Rate of 10.1% From 2014 to 2025: Grand View Research, Inc.

The global glucaric acid market is expected to reach USD 1.30 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for this product in detergents, dishwashers, and food ingredients is expected to be the major driver of the market over the forecast period.

A ban on the use of phosphates in detergents, particularly in North America and Europe, has resulted in the emergence of glucaric acid as its substitute in this application. It is primarily made of glucose, which is organic in nature and does not affect the environment.

Glucaric acid can be used either in its pure form or as a derivative. Pure glucaric acid was the most widely used product in 2016. Increased efficiency and easy availability of pure glucaric acid as compared to derivatives such as calcium D-glucarate and D-glucaric acid-1,4-lactone were some of the major factors boosting its demand.

Asia Pacific is expected to witness the highest demand for glucaric acid over the next eight years. This region has seen a resurgence in food & beverages and soap & detergent industries which have proven to be key drivers in this region.

Browse full research report on Glucaric Acid Market: http://www.grandviewresearch.com/industry-analysis/glucaric-acid-market

Further key findings from the report suggest:

• The global market size was USD 0.55 billion in 2016, which is projected to grow at a steady CAGR of 10.1% by revenue, from 2017 to 2025
• Pure glucaric acid, due to growing applications in detergents and food ingredients, is projected to witness the highest CAGR of 11.7%, by revenue in the product segment, from 2017 to 2025
• D-glucaric acid-1,4-lactone, which accounted for 23.4% of the glucaric acid market by value, is expected to grow on account of increased use in treatment of diseases such as cancer
• The detergents segment is expected to be the biggest consumer of this product over the next eight years courtesy stringent regulations against the use of synthetic chemicals such as phosphorus, which are known to degrade the environment
• The presence of key manufacturers is expected to aid market growth in North America, which is expected to witness a CAGR of 9% from 2017 to 2025, by revenue
• Rennovia and Rivertop, based out of the U.S., were the key players that introduced this product in various applications such as detergents and food ingredients

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals   

  

Grand View Research has segmented the global glucaric acid market on the basis of product, application, and region:

Glucaric Acid Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Pure glucaric acid
• Calcium D-glucarate
• Potassium sodium D-glucarate
• D-Glucaric acid-1,4-lactone
• Others

Glucaric Acid Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Food ingredients
• Detergents
• Corrosion inhibitors
• De-icing applications
• Others

Glucaric Acid Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa 

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-glucaric-acid-market  

                  

About Grand View Research

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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

Waterproofing Chemicals Market Is Predicted To Grow Quickly Due To The Increasing Demand In Construction Industry Growth Till 2022: Grand View Research, Inc.

Global Waterproofing Chemicals Market is expected to exceed USD 7 billion by 2022, according to a new study by Grand View Research, Inc. Construction industry growth is anticipated to drive the market growth of waterproofing chemicals. Government of China, India, France and UK have framed numerous policies for clean groundwater and land filling, which is anticipated to increase the application of waterproofing chemicals over the forecast period.

Roofing was the largest application segment, accounting for over 25% of global waterproofing chemicals market revenue in 2014. Rising popularity of roofing membranes to prevent water leakage in residential and commercial structures is expected to fuel waterproofing chemicals market demand in the near future.

Browse full research report on Waterproofing Chemicals Market:    http://www.grandviewresearch.com/industry-analysis/waterproofing-chemicals-market    

Further key findings from the study suggest:

• Bitumen was the largest product segment, accounting for over 40% of global market revenue in 2014. Increasing application of bitumen as roll roofing component in residential and commercial building structures on account of its unique properties including high viscosity and stickiness is expected to have a positive impact on market.
• Gaining popularity of thermoplastic polyolefin (TPO) on account of being heat reflective and an energy efficient roofing system is expected to have a positive impact on market growth over the next seven years.
• Building structures are anticipated to remain fastest growing application segment on account of increasing government expenditure on infrastructure improvement in Brazil, India, China, Mexico and Saudi Arabia.
• Asia Pacific was the largest waterproofing chemicals market, accounting for over 40% of market revenue in 2014. Growing housing sector in China and India in light of increasing urbanization and population growth is expected to fuel waterproofing chemicals market over the forecast period. Government of India announced National Manufacturing Policy in 2011, intended for enhancing the production output in chemicals, automotive, pharmaceutical and food & beverage industries at domestic level. This regulatory move is anticipated to increase the penetration of commercial structures, which is likely to fuel waterproofing chemicals market demand in the near future.
• Major waterproofing chemicals manufacturers include companies such as Conpro Chemicals, Triton Chemicals, Dow Chemical Company, Pidilite Industries, Bostik and Sika. Expansion of refining capacity in Middle East is anticipated to ensure raw material access for waterproofing chemicals manufacturers in the near future.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

For the purpose of this study, Grand View Research has segmented the global waterproofing chemicals market on the basis of product, application and region:

Global Waterproofing Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Polymers
• PVC
• TPO
• EPDM
• Others
• Bitumen
• SBS
• APP
• Others
• Others

Global Waterproofing Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Roofing
• Walls
• Building structures
• Landfills & tunnels
• Others

Global Waterproofing Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• Latin America
• Brazil
• Asia Pacific
• China
• India
• MEA

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-waterproofing-chemicals-market  

                     

About Grand View Research

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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

Octadecanedioic Acid Market Is Anticipated To Grow Quickly Due To Increasing Demand For Cosmetics Application Segment Till 2024: Grand View Research, Inc.

The global octadecanedioic acid (ODDA) market is anticipated to reach USD 9.4 million by 2024, according to a new report by Grand View Research, Inc. Growing demand for renewable chemicals used to derive high value intermediate & end-use products is expected to support market growth over the coming years.

Traditionally, dibasic or dicarboxylic acids were produced through chemical reactions such as multistep butadiene oxidation which used petrochemical as a raw material. Initiatives undertaken to reduce dependency on petrochemical feedstock led to the development of biotechnological production methods, namely, microbial fermentation and metathesis.

Further expansions & investments in the biotechnological field are anticipated to facilitate commercial scale production of C18 dibasic acid through microbial fermentation. Vegetable oil is used as feedstock while using the biotechnological processes.

Rising ODDA demand from soaps & detergents and organic personal care products is projected to augment market growth over the forecast period. Developing economies such as India, China, South Korea and Japan are slated to emerge as the key end-use markets. Growing application scope in personal care and plastics is expected to augment product demand over the forecast period.

Browse full research report on Octadecanedioic Acid Market: http://www.grandviewresearch.com/industry-analysis/octadecanedioic-acid-odda-market

Further key findings from the report suggest:

• Water repellant properties of C18 dicarboxylic acid has found extensive application in cosmetics
• The application of octadecanedioic acid in coatings, adhesives, sealants, and elastomers (CASE) segment is projected to gain prominence across the world
• Demand in the polyester polyols segment accounted for approximately 50% of the market volume in 2015
• Advantages such as improved performance, reduced carbon footprint, and renewable content enable manufacturers to charge a “green premium” on products
• Commercialization of biobased methods coupled with increasing demand for renewable sources in the lubricants and cosmetics market is anticipated to augment market demand
• Lubricating oil is projected to occupy the second-largest share on account of increasing use of ODDA as thickener component in grease compositions
• Rising awareness of ecofriendly products and increasing government initiatives supporting measures towards sustainable environment is expected to propel market demand
• Volatile price of petrochemical derived products on account of supply-demand imbalances has prompted the shift towards biobased chemicals
• Elevance Renewable Sciences Inc. has developed its own patented metathesis catalyst technology, which has fortified its hold in the market
• Key market players include Elevance Renewable Sciences Inc., Croda International Plc., Cathay Industrial Biotech Ltd., TCI America, and BASF SE

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals  

  

Grand View Research has segmented the octadecanedioic acid market on the basis of application and region:

OctadecanedioicAcid Application Outlook (Volume, Kilo Grams; Revenue, USD Thousand, 2014 - 2024)

• Polyester polyols
• Cosmetics
• Powder coatings
• Lubricating oil
• Others

OctadecanedioicAcid Regional Outlook (Volume, Kilo Grams; Revenue, USD Thousand, 2014 - 2024)

• North America
• U.S.
• Europe
• Germany
• France
• Asia Pacific
• Japan
• Middle East and Africa
• Latin America

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-octadecanedioic-acid-odda-market      

          

About Grand View Research

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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

Furfural Market Is Predicted To Reach USD 1,200.9 Million By 2020: By Grand View Research, Inc.

The Global Furfural Market is expected to reach USD 1,200.9 million by 2020, according to a new study by Grand View Research, Inc. Industry shift towards minimizing dependence on conventional petrochemicals on account of growing environmental concerns and volatile prices is expected to remain a key driving factor for the global furfural market. Furfural has been identified as one of the major platform chemicals which are used to derive other industrial chemicals. Emergence of novel furfural application to manufacture THF, furfuryl alcohol resins and furanics is also expected to have a positive influence on the market growth. Obsolete production technologies affect the yield and increases the overall cost of production which is expected to remain a key challenge for market participants over the next six years.

Furfuryl alcohol was the largest application segment for furfural market and accounted for more than 86.3% of the total market in 2013. Increasing furan resins demand in foundry applications such as sand binders is expected to remain a key driving factor for this segment. Global furfural demand for solvents is expected to grow at an estimated CAGR of 13.3% from 2014 to 2020.

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

Further key findings from the study suggest:

• Global furfural market demand was 300 kilo tons in 2013 and is expected to reach 652.5 kilo tons by 2020, growing at a CAGR of 11.9% from 2014 to 2020.
• China emerged as the leading regional market for furfural and accounted for 72.6% of total market volume in 2013. China along with being the largest consumer is also the largest producer of furfural which has been a major factor for the growth of domestic market. Low production cost of furfural in China is expected to remain a key driving factor for the domestic market. However, the furfural industry has been facing an issue of availability of corn cob, basic raw material to manufacture furfural. The prices of corn cob have been witnessing an upward trend in the recent past which has prompted the government agencies to stockpile corn cob.
• Increasing furfural demand in markets such as Thailand, Indonesia, Malaysia and India is expected to augment the global market growth. Growth of major end-use industries such as chemicals, pharmaceuticals and foundry industries particularly in emerging markets of Asia Pacific is expected to be a major factor contributing to the market growth. Western European furfural market is expected to grow at an estimated CAGR of 10.3% from 2014 to 2020.
• Global furfural market is fragmented with a presence of large number of small scale manufacturers in China. Major companies are integrated along the value chain and are involved in the production of furfural derivatives such as furfuryl alcohol. Some of the major companies operating in the global market include Teiling, Central Romana Corp., International Furan Chemicals, TransFurans Chemicals, Penn A Kem LLC and Sugar Illovo Ltd.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the furfural market on the basis of application and region:

Global Furfural Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Furfuryl Alcohol
    • Solvents
    • Others
Global Furfural Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • North America
    • Western Europe
    • Central & Eastern Europe
    • China
    • Rest of Asia Pacific
    • RoW

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

              

About Grand View Research

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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

FDCA Market To Reach $498.2 Million by 2020: Grand View Research, Inc.

The estimated market potential for FDCA is expected to reach USD 498.2 million by 2020, according to a new study by Grand View Research, Inc. Avantium’s FDCA production facility is expected to come online by in 2016 - 17 with annual capacity reaching 50 kilo tons by 2017. FDCA is expected to have great potential as a replacement to other petroleum based chemicals such as adipic acid, terephthalic acid and bisphenol A. The addressable market for FDCA as of 2013 was in excess of 50 million tons with PET and PBT being the largest applications.

The market potential for FDCA is expected to reach 498.15 kilo tons by 2020, growing at a exponential CAGR of 367.0% from 2014 to 2020, owing to the projected commercial production of FDCA by Avantium in 2016 using bio feed stock. The market for FDCA in 2013 was 40 tons with production on order basis primarily for scientific applications.

Browse full research report on Furandicarboxylic Acid Market: http://www.grandviewresearch.com/industry-analysis/fdca-industry  

Further Key findings from the study suggest:

• Post commercialization, PET is expected to be the largest application segment for FDCA accounting for 64% of the global market in 2020. The growing demand for packaging material coupled with the need for bio based products is expected to greatly boost the demand for FDCA.

• Polyamides are expected to be the second largest application segment in 2020 with a potential market for 80,000 tons. FDCA has the potential to replace adipic acid and its bio based alternative considering economic production by 2020.

• A limited number of companies manufactured and supplied FDCA as of 2013 and primarily for scientific purpose. Avantium is expected to begin construction of its first commercial FDCA plant with 50 kilo ton capacity in 2015 and is expected to begin production by 2017.

• Avantium has been a key participant inFDCA technology development, with partnerships and alliances with key application clients including The Coca-Cola Company, Danone, Teijin, Solvay and Rhodia.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals

For the purpose of this study, Grand View Research has segmented the global FDCA market on the basis of application:

    • FDCA Potential Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • PET
            • Polyamides
            • Polycarbonates
            • Plasticizers
            • Polyester Polyols
            • Others

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

               

About Grand View Research

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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