Fluorotelomers Market Is Estimated To Reach $539.3 Million By 2020: Grand View Research, Inc.

The global fluorotelomers market is expected to reach USD 539.3 million by 2020, according to a new study by Grand View Research, Inc. Increased use of fluorotelomers in fire fighting foams and textiles is expected to drive demand over the next six years. The market is still in the nascent stage and is expected to gain significant share over the forecast period on account of substitution of other flurocarbons.

These products are preferred on account of their non toxic nature and the fact that they do not bio-accumulate in animals. Fluorotelomer alcohols such as TEOH-4 and TEOH-6 were the largest consumed product segment in 2013 and accounted for over 30% of global consumption. Fluorotelomer iodide is expected to be the fastest growing product segment at an estimated CAGR of 13.1% from 2014 to 2020.

Fluorotelomer market volume share, by product, 2013

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• The global fluorotelomers demand is expected to reach 47,492.4 tons by 2020 growing at a CAGR of 12.5% from 2014 to 2020.

• Textiles were the largest application market, accounting for over 34% of the global fluorotelomer consumption in 2013. The segment is also expected to witness fastest growth at an estimated CAGR of 13.6% from 2014 to 2020 on account of enhanced demand from end-use industries.

• Fire fighting foams and food packaging were key application segments, together generating revenue in excess of USD 130 million in 2013. Fire fighting foams are increasingly being used owing to the strict construction norms in most emerging economies.

• Asia Pacific was the most dominant regional market accounting for over 46% of global consumption in 2013. The presence of application industries such as textiles is expected to help the region maintain dominant position over the next six years.

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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

Palm Oil Market Increasing CAGR 9.9% During The Period Of 2014 to 2025

The UAE palm oil market is expected to reach USD 467.1 million by 2025, according to a new report by Grand View Research, Inc. Growing health concerns regarding trans-fat consumption has driven consumer preference towards saturated fats, such as palm oil, that contain antioxidants and other nutrients.

Increasing demand for high-quality food products from tourists as well as local consumers has driven its demand. Its fractions and derivatives are also widely utilized as alternatives for expensive bakery fats and vegetable oils including groundnut, coconut & sunflower. Additionally, food & beverage processors are increasingly opting for the product owing to its high availability, lower cost & high yield in limited cultivation space.

Crude palm oil (CPO) emerged as the dominant product category in 2015 with over 90% market share. Volatile petroleum prices along with rising awareness regarding sustainable energy & raw material source have boosted the demand for inexpensive & sustainable oils. CPO has garnered high interest mainly in cooking (edible) applications owing to its flavor compatibility, nutritional content and health benefits.

Cosmetics are expected to witness highest growth rate of 10.4% CAGR among all applcations. Strong consumer confidence & growing fashion & beauty consciousness, boosted by media exposure & Western influences have had a positive impact on the industry. The oil is used as an emollient, surfactant, moisturizer and other cosmetic agent owing to its high dermatological compatibility and low cost.

UAE palm oil market volume by product, 2014 - 2025 (Tons)

Browse full research report on palm oil market: http://www.grandviewresearch.com/industry-analysis/uae-palm-oil-market

Further key findings from the report suggest:

• The UAE palm oil market exceeded 155 kilo tons in 2015 and is expected to grow at about 8.2% CAGR from 2016 to 2025
• The shift in trend towards production of high-quality oleo chemicals is expected to generate lucrative opportunities for industry participants over the near future
• The transition towards sustainable and renewable energy sources has significantly driven palm oil demand in biodiesel and bio-fuel applications since the biomass yields high amount of energy even when processed in small quantities
• Rapid expansion of the construction sector has also contributed to palm lubricants demand in heavy-equipment and machinery in residential as well as commercial applications
• The palm stearin segment is anticipated to grow at a CAGR of 8.6% in terms of volume, owing to its enhanced functional characteristics that prove crucial to bakeries & confectionaries across the country
• Other fractions & derivatives have also witnessed significant growth in recent years owing to the growing popularity of blended oils in the food sector
• Key players including Abu Dhabi Vegetable Oil Co., FELDA IFFCO, United Foods Company, Amira Nature Foods Ltd., ACCL International, Nuhu General Trading LLC, AA Middle East FZE, HAS Commodities, and AJWA MIGOP among others

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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

Polysilicon Market Is Likely To Be Influenced By The Growing Solar PV (Photovoltaic) And Electronic Industry Till 2025: Grand View Research, Inc.

The global polysilicon market is anticipated to reach USD 13.56 billion by 2025, according to a new report by Grand View Research, Inc. The growing solar PV (photovoltaic) and electronic industry are expected to propel market demand over the coming years. The FBR technology used in the production of polysilicon has helped to reduce manufacturing cost to a large extent, thus lowering prices of polysilicon in 2014. Increasing solar photovoltaic installations is projected to impact market growth positively. Polysilicon is also used in the fabrication of crystalline silicon wafers, which is the backbone of the microelectronics industry.

Asia Pacific occupied the largest share of the global polysilicon market on account of a vast number of solar installations in countries such as China, India, Japan, and South Korea. The low cost of solar grade polysilicon is expected to propel market demand over the forecast period.

Japan prefilled syringes market, by material, 2014-2025, (USD Million)

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

Further key findings from the report suggest:

• Huge investments in renewable energy projects across the world is expected to boost the demand for polysilicon over the forecast period
• Asia Pacific is projected to grow at the highest CAGR with China leading the market share
• PV capacity expansion projects undertaken in Asia Pacific coupled with the growth of the semiconductor industry is anticipated to complement market growth within the region
• North America occupied the second largest share in 2015 on account of high polysilicon demand in the U.S. electronics and solar energy industry
• Implementation of anti-dumping policies is anticipated to restrain market growth over the forecast period
• The fluidized bed reactor (FBR) technology used for the manufacture of solar grade polysilicon helps to reduce manufacturing cost to a large extent
• Some of the companies that have adopted the FBR technology for the manufacture of polysilicon include REC Silicone, GCL Poly, and SunEdison Inc.
• According to the International Technology Roadmap for Photovoltaics (ITRPV), FBR technology used in the manufacture of polysilicon is projected to occupy 30% of the market share by 2017
• Chinese duties and the oversupply scenario experienced by the polysilicon market in 2013 led to plant shutdowns of company’s such as REC Silicon, SunEdison, Hemlock
• Companies operating in this market include GCL-Poly, Wacker Chemie AG, OIC Chemical, REC Silicon, Tokuyama, LDK Solar Co. Ltd., Hemlock Semiconductor Group, and TBEA Co. Ltd.   

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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

Metal Finishing Chemicals Market Will Reach $13.52 Billion By 2025: Grand View Research, Inc.

The global metal finishing chemical market is expected to reach USD 13.52 billion by 2025, according to a new report by Grand View Research, Inc. Growing passenger car and commercial vehicle production in countries including Spain, France, India, China, Indonesia and Mexico is expected to drive market demand.

The increasing requirement for protection against corrosion is likely to fuel the demand for metal finishing chemicals. In addition, continuous investments in R&D for the development of efficient, cost effective, environment friendly plating technologies by various manufacturers including DOW Chemicals, Atotech Deutschland GmbH is expected to create immense market potential over the forecast period.

Cleaning chemicals is expected to witness the fastest growth at CAGR 5.1% from 2017 to 2025 owing to its rising usage in automotive, construction, industrial, aerospace, electronic & electrical and manufacturing sectors.

Asia Pacific was the third largest market metal finishing chemicals and accounted for 27% of the overall market revenue in 2016 and is anticipated to witness the fastest growth at a CAGR 6.3% owing to increasing automotive manufacturing in various countries including India, China, Indonesia and Thailand. 

U.S. metal finishing chemicals market revenue by application, 2014 - 2025 (USD Million)

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http://www.grandviewresearch.com/industry-analysis/metal-finishing-chemicals-market

Further key findings from the report suggest:

• Plating chemicals were the dominant product segment and accounted for 40.9% of the overall market revenue in 2016 owing to increasing usage in electroplating and electroless plating processes.
• The demand for metal finishing chemicals in the construction sector is expected to witness reasonable growth at CAGR 4.3% from 2017-2025 owing to the rapid industrialization and growing building & construction sector in emerging economies including China, India and Mexico.
• North America was the dominant region and accounted for 32.6% of the overall market revenue in 2016 and is anticipated to show substantial growth considering increasing automotive production and growing construction sector in Mexico & U.S.
• Stringent regulatory framework regarding toxicity of metal finishing chemicals has compelled manufacturers to adopt environment-friendly, sustainable materials & products and switch to greener process chemistries.
• In May 2017, Atotech developed Nichem HP 1151. This product offers a lead & cadmium free formulation and exhibits improved wear resistance, corrosion resistance and quality.
• The presence of major players in the market including Atotech Deutschland GmbH, Chemetall (BASF), DOW Chemicals, Platform Specialty Products Corporation, Elementis, Quaker Chemicals, Coventya, Houghton Inc and Advanced Chemical Company is expected to augment industry size.

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

The global Emission control catalyst market is expected to reach USD 11.09 billion by 2024, according to a new report by Grand View Research, Inc. Improving application of three-way oxidation-reduction converters in automotive applications is expected to drive market growth. Stringent environment regulations aimed at reducing carbon emissions in the major markets including U.S., Germany, India and Japan is projected to have a favorable impact on the market over the forecast period.

Increasing energy requirement from household and industrial sectors emerging economies including China and India coupled with favorable policies for the implementation of solutions to reduce emission is expected to fuel the demand for catalysts.

The automotive sector is expected to foresee growth at a CAGR of 4.3% from 2016 to 2024, in terms of volume. The emergence of Mexico as an automotive production destination on account of rising domestic demand for passenger and commercial vehicles along with proximity to the U.S. is expected to increase the application of emission reduction catalyst over the next eight years.

North America emission control catalyst market, by application, 2013 - 2024 (Kilo Tons)

Browse full research report on Emission Control Catalyst Market: http://www.grandviewresearch.com/industry-analysis/emission-control-catalyst-market

Further key findings from the report suggest:

• Global emission control catalyst demand was 1,978.0 kilo tons in 2015 and is anticipated to reach 2,900.4 kilo tons by 2024, expanding at a CAGR exceeding 4.0% from 2016 to 2024
• Rhodium-based emission reduction catalyst is expected to foresee growth at a CAGR of 4.3% from 2016 to 2024. Natural adaptive features with other metals including platinum and palladium coupled with high market visibility in the catalyst industry is expected to promote the usage of the product.
• Industrial applications contributed to 15.1% of the global volume share in 2015. Rapid industrialization, particularly in emerging economies of Asia Pacific and Latin America, coupled with rising awareness regarding ecology preservation is expected to bolster the demand for emission control catalyst over the forecast period.
• Latin America is projected to foresee volume growth at a CAGR of 4.2% from 2016 to 2024. The presence of numerous oil & gas production facilities in Brazil and Venezuela in light of the high prevalence of offshore petroleum basins is expected to promote the number of installations of power plants. This factor is expected to drive the Latin America emission control catalyst market over the next eight years.
• Major emission control catalyst manufacturers include Johnson Matthey, BASF, Solvay, Umicore, Clariant and Corning Incorporated. Increasing expenditure on R&D and establishment of strategic partnerships with buyers including catalytic converter vendors is expected to remain a critical success factor over the next eight years.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-emission-control-catalyst-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

Enzymes market Is Predicted To Reach USD 17.50 Billion By 2024: By Grand View Research, Inc.

The global enzymes market is expected to reach USD 17.50 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for enzymes in food & beverage products as they improve quality and eliminate deficiencies in the products is expected to propel industry growth in the near future.

Increasing demand for bioethanol and biodiesel in emerging economies including India, Brazil, and Thailand will augment industry growth over the forecast period. Growing number of government investments along with R&D activities in industrial enzymes will drive demand over the next eight years.

Rising population along with rising living standard will drive processed foods demand, which in turn will stimulate industry expansion. In addition, emerging protein design algorithms, along with growing inexpensive DNA sequencing technology will open new market avenues over the next seven years.

Carbohydrases accounted for 47.7% of the global market share in 2015, dominating the enzymes industry and the segment is expected to show significant growth in light of high usage in animal feed, textile, food & beverages, and pharmaceutical applications. Moreover, mounting usage of artificial sweeteners, prebiotic products, and juices is expected to fuel product demand over the forecast period. 

North America specialty enzymes market, by application, 2013 – 2024 (USD Million)

Browse full research report on Enzymes market: http://www.grandviewresearch.com/industry-analysis/enzymes-industry

Further key findings from the report suggest:

• Specialty enzymes are anticipated to witness the fastest growth at a CAGR of 9.2% from 2016 to 2024 on account of increasing awareness regarding therapies for chronic diseases, along with growing incidences of digestive enzyme disorders. Moreover, increasing usage of the ingredient for diagnostic solutions is expected to augment growth. Chemical reactions in research & biotechnology are accelerated by making the use of enzymes. They also optimize the yield of the production processes, which is expected to bolster demand over the forecast period.
• Animal feed is likely to witness significant growth at a CAGR of 9.0% from 2016 to 2024 as a result of mounting demand for swine, bovine, poultry and aquaculture species. Growing global meat production coupled with rising health concern regarding meat quality will augment animal feed demand, which is expected to stimulate industry expansion.
• North America enzymes market was valued at USD 3.59 billion in 2015 and will show high gains in light of favorable government policies along with a robust manufacturing base in the U.S. Growing demand for animal feed and biofuels in the U.S. is expected to drive market size.
• Latin America accounted for 8.3% of the overall enzymes market and will show substantial growth in light of rapid industrialization coupled with increasing biodiesel production in Brazil and Argentina.
• Key industry players include Novozymes, Danisco, Royal DSM, BASF SE, DuPont, Lonza Group, and Advanced Enzymes Technologies Ltd. In January 2014, DuPont launched LAMINEX MaxFlow 4G enzyme, intended for increasing texture, taste and appearance of beer in beverages applications. 

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

Palm Methyl Ester Derivative Market Is Anticipated To Grow Due To Process Sustainability In Personal Care, Food & Other Sectors Till 2025: Grand View Research, Inc.

The global palm methyl ester derivatives market is anticipated to reach USD 1.01 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for CPO and PKO derived products from a wide range of sectors including personal care, home care, and food along with other industrial products such as adhesives, lubricants, paints, coatings, and inks is expected to influence product demand over the forecast period.

Palm methyl ester derivatives are essentially oleochemicals processed from CPO and PKO, leading to greater global demand driven by sustainability along with environmental and health concerns. Rising consumer preference for natural ingredients and process sustainability in personal care, food, and other sectors is also anticipated to boost product demand.

In the past few years, the industry has witnessed increasing investments in R&D activities for the development of biodegradable products, which can substitute the petroleum-based ones. This, in turn, has led to increased dependence on these specialty chemicals. Some of the major application sectors of the products include homecare, personal care, and cosmetic products.  

Methyl oleate held the largest share in the market and is expected to continue its dominance over the forecast period. The increasing use of the product as solvents in industrial cleaners, as surfactants in personal care products, as solvents & defamers in the production of inks and coatings and as a lubricant for metal cleaning & precision metal cleaning are expected to be the major factors driving oleate demand over the forecast period.

U.S. palm methyl ester derivative market volume by product, 2014 - 2025 (Tons)

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http://www.grandviewresearch.com/industry-analysis/palm-methyl-ester-derivative-market

Further key findings from the report suggest:

• The collective demand for palm methyl ester derivatives globally was 204 kilo tons in 2016 and is expected to grow at a CAGR of around 5.3% from 2017 to 2025 to exceed a total volume of over 320 kilo tons by 2025
• Crude palm oil (CPO) was the largest source for these derivatives while accounting for over 60% of the total revenue in 2015
• Personal care & cosmetics was the largest application segment for methyl laurate with a demand of over USD 32 million in 2016
• Asia Pacific is expected to be the largest regional market with a projected demand of around USD 575 million by 2025

• The industry is dominated by a few multinational corporations such as Peter Cremer North America, Carotino Group, KLK OLEO, Ecogreen Oleochemicals, and Kao Corporation with significant presence across the value chain
• Companies such as P&G Chemicals, VVF, and KLK Oleo are integrated throughout the value chain from manufacturing of raw materials for downstream chemicals to finished products such as detergents, soaps, and personal care products.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-palm-methyl-ester-derivative-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

Thermoplastic Polyolefins Market Worth USD 3.43 Billion By 2020: Grand View Research, Inc.

The global thermoplastic polyolefins (TPO) market is expected to reach USD 3.43 billion by 2020, according to a new study by Grand View Research, Inc. Increasing application scope in automotive and construction sectors of the emerging markets in Asia, especially China and India is expected to be a key growth factor for TPO. High capacity to demand ratio and raw material price fluctuations are expected to be key challenges for market participants.

Automotive industry is the largest TPO consumer, accounting for over 75% of total market in 2013. With further research conducted to explore its utility as feedstock and substitution, TPO market volume is expected to grow at a CAGR of 6.4% from 2014 to 2020. Robust growth is also expected for emerging applications such as packaging, construction and healthcare.

Browse full research report on Thermoplastic Polyolefins Market

Further key findings from the report suggest:

• The global market for TPO was 866.2 kilo tons in 2013 and is expected to reach 1334.7 kilo tons by 2020, growing at a CAGR of 6.4% from 2014 to 2020.

• Automotive was the most dominant application for TPO as the segment accounted for 75.48% of total market volume in 2013 and is estimated to grow at a CAGR of 6.6% till 2020. Other applications including packaging, construction and other niche segments accounted for a consolidated 24.52% of the market volume for the same year.

• North America and Asia Pacific have been leading in the volume consumption of TPO with shares of 37% and 35% respectively and their CAGR from 2014-2020 being 6.2% and 7% respectively.

• Key companies in the market include Arkema SA, Chemtura, Dow Chemical Company, ExxonMobil and SABIC.

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

Biodegradable Mulch Films Market Is Expected To Reach USD 64.3 Million By 2024: By Grand View Research, Inc.

The global biodegradable mulch films market value is expected to reach USD 64.3 million by 2024, according to a new report by Grand View Research, Inc. Growing population coupled with depleting arable land is anticipated to drive the market growth over the next eight years. Biodegradable mulch films are used to enhance crop quality by suppressing weed growth and maintaining soil temperature. 

Biodegradable mulch films have a lower environmental impact as they do not produce any harmful waste, and their disposal is easy. Government regulations promoting bio-based product usage, especially in Europe and North America is expected to drive market growth over the foreseeable future. Key players in the industry have been investing in R&D to develop fully bio-based mulch films. 

Fruits & vegetables emerged as the leading crop using biodegradable mulch films and accounted for 51.1% of total market revenue in 2015 and is also anticipated to witness the fastest growth over the next eight years. The high growth may be attributed to biofilm ability to prevent fruits from rotting by preventing contact between fruit and soil. 

U.S.biodegradable mulch films market revenue, by raw material, 2014 - 2024 (USD Thousand)

Browse full research report on Biodegradable Mulch Films Market

Further key findings from the report suggest:

• Thermoplastic starch (TPS) was the leading raw material in 2015 and is expected to reach a market worth USD 47.3 million by 2024, growing at a CAGR of 7.7% from 2016 to 2024. The high demand may be attributed to the easy availability of starch at low prices coupled with an inability to produce any harmful products when placed in soil.
• Starch blended with polylactic acid (PLA) is also expected to witness a brisk growth over the forecast period. The high growth may be attributed to their advantage of being produced from 99% biobased material coupled with growing PLA films demand particularly in Europe.
• Asia Pacific was the major consumer and accounted for 64.1% of global revenue in 2015 and is expected to witness the fastest growth in the biodegradable mulch film market over the next eight years owing to growing industrialization resulting in rising food demand.
• Major companies operating in the global biodegradable mulch film industry include Kingfa Sci & Tech Co Ltd, Al-Pack Enterprises Ltd, BioBag International AS, RKW SE, AEP Industries Inc, BASF, Novamont, British Polythene Industries PLC, Armando Alvarez and Ab Rani PlastOy. Major companies have been adopting various strategies such as M&A, joint ventures, new product development and capacity expansions to increase their market share.

 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