Thursday, 31 March 2016

Styrene Acrylonitrile Resins Market to Stand at US$2.86 bn by 2024, Demand from Consumer Goods Industry Pushes Growth : TMR

Transparency Market Research has published a new report titled “Styrene Acrylonitrile (SAN) Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” According to the report, the global styrene acrylonitrile resins market was valued at US$2.01 bn in 2015 and is likely to reach US$2.86 bn in 2024, expanding at a CAGR of 4.0% between 2016 and 2024.

Styrene acrylonitrile (SAN) resins are copolymers of styrene and acrylonitrile. Typically, SAN resin is composed of 70% to 80% styrene and 20% to 30% acrylonitrile. However, SAN resins are yellowish in nature and loses transparency upon injection molding, unlike polystyrene. Styrene acrylonitrile is an optically transparent material. SAN resins display several desirable properties such as mechanical strength, chemical resistance, impact resistance, and surface gloss vis-à-vis several other competing resins such as polymethyl methacrylate (PMMA), polyethylene, polystyrene, and acrylonitrile butadiene styrene (ABS). Styrene acrylonitrile resins are majorly categorized into six end-users: consumer goods, electrical & electronic appliances, packaging, automotive, building & construction, and others.

Consumer goods accounted for the largest share of the global styrene acrylonitrile resins market with more than 30% share in 2015. Demand for styrene acrylonitrile resins in the manufacture of consumer goods such as food container, toothbrush handle, and hangers among various other applications is estimated to rise at a rapid pace during the forecast period. Furthermore, high demand for electrical & electronic appliances is projected to fuel the styrene acrylonitrile resins market during the forecast period.

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In terms of demand, Asia Pacific held the largest share of the global styrene acrylonitrile resins market in 2015, primarily due to high consumption of these resins in China and the ASEAN region. Other countries in Southeast Asia also constituted significant share of the styrene acrylonitrile resins market in 2015. Asia Pacific was followed by Europe and North America in 2015. Europe and North America accounted for the second and third largest shares, respectively, of the global styrene acrylonitrile resins market in 2015. The styrene acrylonitrile resins market in Asia Pacific is expected to expand significantly during the forecast period due to increasing usage of consumer goods and electrical & electronic appliances products in the region. Demand for styrene acrylonitrile resins in Latin America and Middle East & Africa (MEA) is anticipated to rise during the forecast period.

Companies such as LG Chem Ltd., INOES Styrolution Group GmbH, SABIC, TRINSEO S.A., Chi Mei Corporation, Techno Polymer Co., Ltd., INEOS ABS (USA) Corporation, and Formosa Chemicals & Fiber Corporation operate in the global styrene acrylonitrile resins market.

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.

Wednesday, 30 March 2016

Epichlorohydrin Market is Expected to Reach US$ 3.52 Bn by 2023

Transparency Market Research has released a new market report titled “Epichlorohydrin (ECH) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” According to the report, the global epichlorohydrin market was valued at US$ 2.56 Bn in 2014 and is anticipated to reach US$ 3.52 Bn by 2023, expanding at a CAGR of 3.6% between 2015 and 2023.

Epichlorohydrin (ECH) is an organochlorine compound due to presence of both epoxy and chlorine elements. Owing to features such as chiral nature and presence of strong epoxy bond, it is moderately soluble in water and miscible in polar solvents. ECH is employed in the manufacture of epoxy resins and glues, plastics, glycerols, and elastomers. ECH is manufactured using glycerin or propylene as raw materials. ECH is further processed with nitrate to manufacture solvents, fumigants, propellants and binders for explosives. ECH and polymers are used in paper reinforcement and food & beverages industries. ECH is employed in water purification process as well as in the manufacture of coffee filters, teabags, etc. Additionally, it is also used as a crosslinking agent in the manufacture of various other chromatographic resins. ECH is applied in the form of alkyd resins in the paints & coatings industry. It is used in the manufacture of synthetic glycerin, which is further applied in cellophane and meat casings, cosmetics, explosives, and other military products. ECH based resins are primarily used for filtration and purification processes in the water treatment industry. Other end-user industries that employ ECH include surfactants and detergents. These end-user industries are estimated to expand at a significant CAGR during the forecast period.

In terms of revenue, paints & coatings accounted for majority share of the global ECH market in 2014. This trend is projected to continue during the forecast period owing to high demand of paints & coatings from construction and automobile industry. In 2014, water treatment was the fastest expanding end-user segment of the ECH market in terms of revenue. High growth rate of water treatment segment was ascribed to the increasing demand of ECH from the Middle East & Africa and Europe. In 2014, electronics & electrical held nearly one third share of the global ECH market in terms of revenue owing to the significant contribution from Japan. In terms of volume, propylene fulfilled majority of the raw material demand for ECH market in 2014. However, bio-based glycerin which is a by-product of bio-diesel is projected to be the fastest growing raw material segment owing to its lower cost. In 2014, Europe was leading producer of the bio-based glycerin due to the bulk volume produced in Germany.

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Research and development activities are being conducted to reduce the hazardous effects of ECH on human health and environment. Furthermore, increase in the demand from end-user industries such as paints & coatings is projected to propel the ECH market. Key players operating in the ECH market include Sumitomo Chemical Co., Ltd., Solvay, Aditya Birla Chemicals (Thailand) Ltd., Osaka Soda Co., Ltd., Spolchemie A.S., Shandong Haili Chemical Industry Co. Ltd (Haili), Samsung Fine Chemicals Co. Ltd, The Dow Chemical Company, Jiangsu Yangnong Chemical Group Co., and Hexion Inc. The ECH market is consolidated; the top players are concentrating on strategic mergers and portfolio enhancement to maintain their market share.

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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.

Fatty Methyl Ester Sulfonate (FMES) Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 – 2023

Fatty Methyl Ester Sulfonate (FMES) is an anionic surfactant obtained from palm oil. It is derived by the esterification of fatty acid present in palm oil, followed by sulfonation. Methyl ester of palm oil fatty acid is sulfonated by sulfur trioxide to produce FMES. The number of carbon atoms present in the fatty acid varies from 12 to 18. The property of FMES to act as a potential surfactant depends on the carbon chain length. FMES with 16 carbon chain length shows the highest level of performance, followed by 18 and 12 carbon chain lengths.

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FMES is used widely as detergent in industries, as it offers physiochemical properties that enable it to act as washing agent. It exhibits high detergency and calcium ion stability. FMES functions as an excellent emulsifier and softening agent. It is used in soap, household detergents, liquid detergents, slurry, etc. Usage of FMES modifies the viscosity of paste detergent and slurry washing powder. Furthermore, FMES is employed in industrial and institutional cleaners. Personal care and detergent industries are the major end-users of FMES. Additionally, FMES can be employed in oilfield chemicals. Sodium salt of FMES can also act as an emulsifying agent in the plastic industry. It is used as release agent in rubber and printing inks industries. FMES is environment friendly, as it is obtained from natural sources such as palm oil and coconut oil.

The global FMES market is projected to expand significantly in the next few years. Asia Pacific has been dominating the market for FMES of late due to growth in the personal care industry in developing countries such as China, India, Thailand, and South Korea. The FMES market in the region is estimated to expand at a fast paced CAGR during the forecast period. Expansion of personal care and textiles segments is likely to play a key role in the growth of the FMES market in Asia Pacific in the near future. North America also held substantial share of the global FMES market in 2014. Strong market for personal care products in developed countries such as the U.S. and Canada boosted demand for FMES in 2014. The FMES market in North America is anticipated to experience steady growth during the forecast period. Latin America and Middle East & Africa are expected to be the emerging markets for FMES in the near future. Developing countries such as Brazil and Saudi Arabia are anticipated to be the potential markets for FMES during the forecast period, owing to strong demand from the personal care industry. The FMES market in Latin America and Middle East & Africa is expected to register rapid CAGR during the forecast period.


Rise in per capita income in developing countries such as India, China, and Brazil is likely to boost the market for FMES in the next few years. Increase in consumer awareness and rapid urbanization in these developing countries are projected to propel the market for personal care products and laundry products. This, in turn, is anticipated to drive the demand of FMES in these end-user industries. Furthermore, usage of FMES is increasing in several end-user industries owing to its environmental sustainability and biodegradability. Extraction of FMES from inexpensive and renewable sources enables it to be a potential alternative for linear alkyl benzene sulfonate, its counterpart. Rising awareness about the usage of environment-friendly products in developing regions coupled with cost effectiveness is the key driver of the global FMES market. However, usage of FMES in liquid detergent is limited. This is anticipated to hamper market growth during the forecast period. However, extensive research and development efforts are expected to offer new opportunities in the market.

Some of the key manufacturers of FMES include Chemithon Corporation, Lion Corporation (S) Pte Ltd, Wilmar International Ltd., P&G Chemicals, KLK OLEO, Krishi Oils Limited, Fenchem, and China Petroleum & Chemical Corporation (Sinopec).

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.

Global Industrial Sludge Treatment Chemicals Market Exhibiting 5.8% CAGR 2014-2020 due to Rising Industrialization in Emerging Economies : TMR

The report is titled ‘Industrial Sludge Treatment Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020’ and is available for sale on TMR’s website for sale.According to the report, the global industrial sludge treatment chemicals market was valued at US$4.1 bn in 2013 and is expected to be valued at US$6.1 bn by 2020, exhibiting a CAGR of 5.8% from 2014 to 2020.

Leading market intelligence and analysis firm Transparency Market Research (TMR) has announced the publication of a new market research report, examining the global industrial sludge treatment chemicals market. The industrial sludge treatment chemicals market’s historical and present statistics are collated in the report to provide an estimation of how the market will progress in the coming years. Forecasts about the industrial sludge treatment chemicals market from 2014 to 2020 are given in the report.

Industrial sludge refers to the slurry obtained from wastewater treatment processes. This can contain, depending on the source, varying species of pathogens and various chemicals. Industrial sludge is thus an environmental and health hazard and has to be treated before it can be released. Industrial sludge treatment chemicals are used to this effect. The main purpose of industrial sludge treatment chemicals is to reduce the volume of water present in industrial sludge and eliminate or negate the pathogens present in it. To this end, various types of chemicals are used.

On the basis of chemical type, the global industrial sludge treatment chemicals market is segmented into coagulants, flocculants, disinfectants, and others. Of these, flocculants emerged with the largest market share in 2013, with 36%. The segment is also expected to exhibit the fastest CAGR of all chemical type segments of the industrial sludge treatment chemicals market.

Accordingly, conditioning and stabilization was the largest process segment of the industrial sludge treatment chemicals market. Flocculants are used in conditioning and stabilization procedures and force particles suspended in the water to coalesce, making them easier to remove. Other processes utilizing industrial sludge treatment chemicals are thickening, dewatering and drying treatments, and digestion.

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In terms of type of sludge, the industrial sludge treatment chemicals market has been segmented into activated sludge, mixed sludge, primary sludge, and others. Activated sludge emerged as the dominant segment of the industrial sludge treatment chemicals market in 2013, with a 46% share.

The main factor propelling the global industrial sludge treatment chemicals market is the rising industrialization in emerging countries. As BRIC countries and GCC countries emerge as dynamic economic powers, the demand for sludge treatment chemicals in these regions is rising. Accordingly, the Asia Pacific market for industrial sludge treatment chemicals market is expected to exhibit the highest CAGR of all regional segments of the industrial sludge treatment chemicals market – 6%. However, currently, North America dominates the global industrial sludge treatment chemicals market, with a share of 30% in 2013.

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.

Tuesday, 29 March 2016

Global Physical Vapor Deposition Market to Expand at CAGR of 9.50% from 2013 to 2019 : Transparency Market Research

Transparency Market Research (TMR) has published a new market study on the global physical vapor deposition market. According to the report, the global physical vapor deposition market is expected to exhibit a CAGR of 9.50% in the period from 2013 to 2019. The market, which was valued at US$10.9 bn in 2012, is anticipated to reach a value of US$20.4 bn by 2019.The report is titled “Physical Vapor Deposition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” The report contains fruitful information on the statistics about the global physical vapor deposition market, its growth drivers, restraints, and its future feasibility. The report analyzes all the influential factors that can lead to sustained growth of the market or inhibit the market. Emerging trends and opportunities in the global physical vapor deposition market, along with its competitive landscape, have been presented in a clear manner.

Physical vapor deposition (PVD) is a technology that is used to produce thin films. PVD uses a physical process such as heating to produce a vapor of certain materials, which is then deposited over the surface of the object that needs to be coated. PVD coating is required in optical, mechanical, chemical, and electronic items.

The advantages of PVD coatings include their property of being corrosion resistant, their environment-friendly nature, and the fact that these coatings are harder as compared to other coatings that can be applied by means of electroplating. These advantages of physical vapor deposition make the process valuable for several industries such as aerospace, automotive, medical, dyes and moulds, cutting tools, optics, watches, metals, and food packaging. The global market for physical vapor deposition is thus expected to expand due to an increasing demand from the aforementioned industries.

The report suggests that the global physical vapor deposition market will be driven by the extensive use of physical vapor deposition in microelectronics and medical equipment in the forecast period from 2013 to 2019. The market is further expected to be boosted by the huge demand for physical vapor deposition from various application areas such as defense, computers, and medical. Other drivers that are likely to contribute to the success of the global physical vapor deposition market are the advancements in technology in the microelectronics field, leading to a greater demand for physical vapor deposition.

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Patent protection laws on PVD technologies are likely to restrict the expansion of new market entrants, thus limiting the market by reducing competition. Another restricting factor is the limited or reduced R&D efforts carried out in the field of PVD.

The global market for PVD is segmented by industry, application, and geography. The PVD industry segments include PVD equipment, PVD materials, and PVD services, out of which the global physical vapor deposition market was dominated in 2012 by the PVD equipment segment, as it held 65% of the total market. The report forecasts that the PVD services segment will be the fastest growing segment, expanding at a CAGR of 9.70% in the period from 2013 to 2019.

Geographically the market is segmented into North America, Asia, Europe, and RoW. Among these regions, Asia Pacific dominated the global physical vapor deposition market, accounting for 50% of the market, and is anticipated to retain its hold over the market for the rest of the forecast period.

Major companies analyzed and profiled in the report include: Leybold Optics, Semicore Equipment, KDF, Hauzer Coating Technology, ELVAC Technologies, Platit, AJA International, and Oerlikon Balzers.

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.

Friday, 25 March 2016

Mineral Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Mineral oil is a mixture characterized by no color or odor. This liquid by-product is a result of refining crude oil that is used for making gasoline and other petroleum-related products. Mineral oil is composed of cycloalkanes and alkanes. It is mainly used in cosmetics, biomedicine, food preparations, and mechanical and industrial processes such as thermic fluid. It serves the purpose of a lubricant, raw material for a wide range of industries, and an illuminant. The byproducts of mineral oil are mainly used in the chemical, pharmaceutical, and textile industries along with being used as a feed-stock for several important petrochemicals. Over the years, industrialization and research and development for various kinds of products has given a strong impetus to the global mineral oil market.


The global mineral oil market has been examined and evaluated by industry experts with an aim to provide readers a credible document that can be used as a framework to make important business decisions. The global mineral oil market has also been analyzed using a SWOT analysis to identify the strengths, weaknesses, opportunities, and threats of key players. The report also includes a Porter’s five forces analysis for identifying the threat of new entrants, threat of substitute products or services, bargaining power of customers, bargaining power of suppliers, and intensity of competitive rivalry.

Overview of the Global Mineral Oil Market

The global mineral oil market is expected to grow due to increasing demand for mineral oil in the ever-expanding food and cosmetic industries. The undercurrent for the relentless demand in the cosmetics industry is the growing young population and their changing lifestyles. In the case of the food industry, the FDA’s approval for the usage of food-grade mineral oil in food preparation is anticipated to propel the demand for mineral oil in the food industry. Furthermore, the global mineral oil market is also witnessing growth as mineral oil is used as a thermic fluid in a wide range of industrial and mechanical applications as it offers several benefits when compared to steam systems.
However, the market faces certain challenges such as fluctuating crude oil prices and toxicity that is released into mildly treated mineral oils. These restricting factors can be overcome with an increasing demand from end-user industries in Asia Pacific region and the rising usage of high-grade oils in biomedicine.

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North America was the biggest consumer of mineral oil in the recent past due to an exceptionally high demand for cosmetics and food in the region. Asia Pacific is expected to trail this growth rate due to the rise in the population here and the subsequent rise in the demand for mineral oil from the end-user industries. Furthermore, the mineral oil market in Europe is likely to grow at a medium pace due to strict regulations set by food agency authorities pertaining to the toxicity of mineral oil in food items.

Companies Mentioned in the Global Mineral Oil Market

Some of the important players profiled in the global mineral oil market are the Dow Chemical Company, Petro Canada, Clariant AG, BASF SE, Solutia Inc., Applied Thermal Control, Flowserve Corporation, Huntsman Corporation, and Radco Industries.

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.

Metal Cans Market for Foods to Exhibit 2.40% CAGR between 2013 and 2019 : Transparency Market Research

The report analyzes and forecasts the growth rate, market size, and drivers of the global metal cans market for foods. The report is titled “Metal Cans Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” It incorporates an analysis of the market dynamics and the general investment attractiveness of the metal cans market for foods for interested investors or companies. Key companies analyzed in the report include: Ball Corporation, Crown Holdings Inc., BWAY, Sonoco Phoenix, Inc., and AMCOR.

Transparency Market Research (TMR) has announced the publication of a new market study based on the metal cans market for foods. According to the report, the global metal cans market for foods is driven by the high demand from the food and beverages industry and is expected to reach a value of US$51.6 bn by 2019, rising from US$43.8 bn in 2012.

Metal cans are one of the safest and eco-friendly forms of packaging used for food storage. Metal cans are not only economical, but also provide innovative designing of food packaging, ensuring its place in the pantry shelf. Metal cans are beneficial in terms of extending the shelf life of food and offer protection against oxygen, light, moisture, and other food contaminants, thus becoming one of the most secure ways to ensure tamper-proof food packaging. These benefits of metal cans have made them popular in the food and beverages industry for storing food, beverages, and semi-liquid items, thus boosting the global metal cans market. Out of the many metals, steel and aluminum are the most popularly preferred metals used for packaging foods and beverages.

Metal cans have become increasingly popular for packing deodorants and hairsprays and are also used in the pharmaceuticals industry, driving the global metal cans market. Moreover, the high recycling rate of metal cans is expected to promote the growth of the global metal cans market.

Opportunities in the form of technological advancements and innovation are expected to broaden the global metal cans market. Easy-open lids, high-quality graphics on the cans, and the innovation of self-heating cans are anticipated to open up new paths for growth of the global metal cans market. Manufacturers are undertaking initiatives to improve the recycling rate of the cans and ensure that the cans are eco-friendly, opening new opportunities for the future.

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Fluctuation in the price of steel and aluminum is expected to dampen the global metal cans market. The other factor that can prove to be harmful for the growth of the metal cans market is the availability of alternatives such as paper and plastic for packaging.

Over 70% of the demand for metal cans in 2012 was from the beverages segment. Metal cans offer the advantage of providing prolonged coolness to the drinks, withstanding bacterial contamination, and also resisting ultraviolet rays effectively. Within the beverages segment, alcoholic beverages accounted for 40% of the global demand for metal cans in 2012. However, energy drinks, sports drinks, and nutritional drinks are expected to lead the beverages segment by 2019, owing to an increase in health and fitness awareness.

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.

Thursday, 24 March 2016

Global Epoxy Resins Market to Grow Substantially at 6.90% CAGR from 2014 to 2020 : Transparency Market Research

The report is titled “Epoxy Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” and according to the report, the global epoxy resins market will expand at a CAGR of 6.90% in the period from 2014 to 2020.

Transparency Market Research (TMR) has published a new market study on the global epoxy resins market. Epoxy resins are adhesive plastics or any other material made from a class of thermosetting polymers containing the epoxide group. Epoxy resins are produced by making use of raw materials such as bisphenol A (BPA), phenols, aromatic amines, aliphatic alcohols, and epichlorohydrin.

According to the report, the epoxy resins market, which was valued at US$6.6 bn in 2013, is anticipated to reach a market value of US$10.5 bn by 2020. The report contains an executive summary comprising a snapshot of the epoxy resins market, containing detailed information on the various segments of the global epoxy resins market as well as market dynamics such as the growth drivers and challenges faced by the epoxy resins market. It also analyzes the impact of these dynamics on the market during the forecast period from 2014 to 2020.

To make the study easier to understand and analyze, the report segments the global epoxy resins market on the basis of application and geography. Based on application, the epoxy resins market is categorized into electrical and electronics, adhesives, composites, wind energy, paints and coating, and construction. Other application areas include: eye glasses, vinyl gloves, metal protection, handbags, and plastic tooling.

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Epoxy resins are a highly versatile and useful group of chemicals used in a number of industrial applications. They are used in the paint industry, as epoxy resins help paints dry off quickly and provides a tough protective layer. Epoxy resins are used in the construction of aircraft, watercrafts, and automobiles. They are also an integral requirement in the electronics industry, used in ICs, PCBs, hybrid circuits, and transistors. Of these, printed circuit boards from the electrical and electronics segment, holds the largest share.

Epoxy resins are applied in the production of electrical items such as motors, generators, switchgears, and electrical laminates used in insulators. Epoxy resins are also used in the wind industry for the manufacture of aerodynamically efficient blades, which offer better generation of electricity. Moreover, the applications of epoxy resins are not limited to the technical sector alone; epoxy resins are used by artists to obtain specific colors by mixing pigments. High demand from the aforementioned application areas has greatly boosted the market for epoxy resins. An increased demand from the aerospace industry, due to the reduced overall weight of the aircraft due to the use of epoxy resins, is one of the major drivers for the market.

Geographically, the global epoxy resins market is segmented into Europe, China, North America, Asia Pacific, and RoW. China dominated the market in 2013, accounting for more than 45% of the total market.

Key companies profiled in the report are: NAMA Chemicals, DuPont, 3M Company, Kukdo Chemical Ltd., The Dow Chemical Company, BASF SE, and Hunstman Corporation.

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.

Wednesday, 23 March 2016

Global Concrete Fiber Market Rides High on Urbanization, Rising Construction Undertakings : TMR

A featured report by Transparency Market Research on the global concrete fiber market looks upon the key factors that are driving the progression of this market across North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The factors that will influence the growth trajectory of the market for the 2016-2023 period are assessed herein. The report is titled “Concrete Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023” and is available for sale on the company’s website. The report overviews the proceedings of this market in terms of product, material, and end use in the aforementioned forecast period.

The report points out that the concrete fiber market will display expansion during the forecast period. Rising urbanization and the flourishing construction sector are the primary reasons cited for this. The increasing entry of new players to cater to the needs of small development projects is also bolstering the growth prospects of this industry.

In concrete mixes, fibers are used to control cracks that occur due to the reduction of plastic and ventilation shrinkage. Concrete fibers are reinforcement materials used due to their favorable mechanical, chemical, and physical properties of high heat resistance, high stability, and massive strength. Concrete fibers are notable for their distinctive optical, mechanical, chemical, and environmental properties and as such the composition of these materials is specific for applications.
Asia Pacific is one of the fastest growing markets for concrete fibers during the forecast period. In 2014, the region held a share of more than 40% in the global market, mainly due to revenue contributions from India, China, and Japan.


Concrete fibers are utilizable for a host of applications such as mining application, road construction, industrial, and others. Furthermore, with the increasing demand for basalt fibers, which are produced from basalt rocks and have a melting point of 1400 ºC, the demand for concrete fibers is bolstered. However, the high cost of concrete fibers is limiting their use for several applications, which is challenging the market’s growth. Nevertheless, with the use of new technology, innovative concrete mixes with cement, water, and admixtures have been created. These newer concrete fibers are suitable for mining, road construction, and industrial applications.

Some of the key players operating in the global concrete fibers market are Euclid Chemical Company, Nycon Corporation, Cemex, Bekaert SA, Propex Global, Fibercon International Inc., ABC Polymer Industries, W.R. Grace & Co., SIKA AG, and BASF SE, 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.

Global Paperboard Packaging Market to Rise at 7.8% CAGR from 2014 to 2020 : Transparency Market Research

Transparency Market Research’s new research report on the global paperboard packaging market presents a professional in-depth analysis of the said market for the 2014-2020 period. The report, titled “Paperboard Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” states that the global paperboard packaging market will rise at a CAGR of 7.8% from 2014 to 2020. This will result in the market reaching a valuation of US$181.8 bn by 2020, increasing from US$108.1 bn in 2013.

Paperboard, as the name suggests, is a paper-based material, but it is generally thicker than paper. It is considered to be renewable and recyclable, as it is sourced from recycled paperboard and managed tree farms. Other attributes of paperboard are its light weight and durability, which make it ideal for packaging needs. Moreover, it is available in several grades, each possessing unique characteristics to serve varied packaging needs.

According to the report, the steadfast demand for sustainable packaging solutions, combined with the ever-increasing demand for paperboard packaging from the cosmetics industry, is primarily driving the global paperboard packaging market. The rapid expansion of the food industry, which includes a host of ready-to-eat foods, meats, seafood, etc. is contributing to the growth of this industry. However, the availability of several substitute products such as plastics that are at par with paperboard for packaging needs limits the growth of this market to some extent.

In the coming years, the BRICS nations will offer tremendous growth opportunities for the global paperboard packaging market. This is mainly due to the flourishing e-commerce industry, which caters to the large middle-class population in these nations.

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The report studies the global paperboard packaging market on the basis of product, application, and geography. By product, boxboards and container boards are the segments of this market. In 2013, the containerboard segment registered the larger market share in the global market. This product segment will display a faster growth rate compared to boxboards during the forecast period.

Boxboards are subdivided into solid bleached boards, folding boxboards, solid unbleached boards, and white lined chipboards. Of all, the white lined chipboard segment registered the highest volume share in the global market in 2013. However, folding boxboards will emerge as the fastest growing segment of the overall market during the forecast period.

On the basis of application, food and beverages, durable goods, non-durable goods, medical, and other industries (machinery, industrial goods, etc.) are the segments of the market. The food and beverages segment dominated the market in 2013, accounting for a 40% volume share in the market. This application segment is expected to retain its dominant position during the forecast period. The non-durable goods application segment is expected to be the second largest segment of the overall market in the future.

Top companies that operate in the global paperboard packaging market are International Paper Company, Sappi Limited, Svenska Cellulosa Aktiebolaget, Rock-Tenn Company, Mondi plc, Smurfit Kappa Group plc, and Nippon Paper Industries Co. Ltd., among others.

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