Friday, 29 April 2016

Esters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020

Esters are chemical compounds containing carbonyl group adjacent to ether linkage. These are usually synthesized from organic or inorganic acids by dehydration with alcohol. Naturally occurring esters include fats, oils and triglycerides. Major types of esters include fatty acid esters of glycerol, nitrate esters, polyesters and others depending on alkyl or aromatic group it contains. The applications of esters include lubricants, cosmetics, plastics, resins, explosives, bio-fuel, surfactants and synthesis of various industrial chemicals.

Growing demand for esters from cosmetics, lubricants, paper and personal care industry is expected to drive the market growth. Fatty esters are used in cosmetics products as a replacement of petroleum products. These are derived from vegetable oils and other renewable raw materials, hence human health hazards of fatty esters are claimed to be null. Demand for fatty acid based cosmetic products in Asia Pacific is expected to fuel the market growth. Asia Pacific is the largest producer of vegetable oil and other naturally derived oils such as palm oil, soya oil and sunflower oil.


Further, demand for esters from lubricant industry is expected to fuel the market growth. Increasing penetration of automobiles in developing markets is expected to set positive outlook for the lubricants industry. Esters based lubricants offer superior performance as compared to two other major types, polyalphalefins and polyalkylene glycol. Additionally, demand for ester derivatives such as polyesters is expected to drive the market growth. There are numerous types of polyesters available in the market with diverse applications. The applications of polyesters include computers, industrial fabrics, textiles, home furnishing, electrical insulation, packaging and others. Polyesters do not absorb moisture that helps in resisting different stains and chemicals.

However, high cost of esters based lubricant is expected to hamper the market growth. Chemically synthesized esters are petroleum derivative hence volatility in crude oil prices is expected to hamper the market growth. Complex processing and high production cost of ester production for specific application may inhibit the market growth.

Niche applications of esters such as solvency, thickening and bio-diesel are expected to provide immense opportunities for the players in this market. Fatty acids derived bio-diesel can act as an alternative to conventional crude oil. Additionally, increasing popularity of specialty and natural esters from personal care products due to their advantages are expected to become major opportunity in the near future.

Asia Pacific emerged as the largest market for esters in terms of consumption and production; owing to the factors such as rapid growth in industrialization and availability of raw materials, have increased production capacity in the developing countries such as China and India. Demand for fatty esters in cosmetics and personal care products have surpassed the demand from developed regions. Additionally, demand from lubricants and textile industry is expected to drive the market for esters in this region. Asia Pacific was followed by North America in terms of consumption owing to demand from various applications. Personal care, lubricant and polyester industry are expected to be major driving factors for esters demand in this region. Demand for vegetable oil based esters is expected to drive the market for esters in Europe.

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Global esters market is highly fragmented with few major international companies in the market. There are large number of small scale manufacturers in China and as well as in other developing countries. Some of the key players in the esters market include Esterchem Ltd., AOC, DAK Americas LLC, Nan Ya Plastics Corporation, Reliance Industries, Toray, Teijin, The Dow Chemical Company, Du Pont, Huntsman Corporation, Kolon Industries, Bayer AG, Ashland Performance Chemicals 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.

3D Printing Materials Gains from Growing Consumer Preference for Products with Attractive Packaging : Transparency Market Research

The global 3D printing materials market has been witnessing a substantial rise over the past few years. The rapid rise in the demand for 3D printing, propelled by the shifting interest of consumers toward products with attractive packaging, has boosted the 3D printing materials market significantly in the recent times.

A research report published by Transparency Market Research (TMR) states that in 2013, the worldwide market for 3D printing materials stood at US$450 mn. Experts project this market to rise at a CAGR of 18.0% during the period from 2014 to 2020 and attain a value of US$1.4 bn by the end of 2020.

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Asia Pacific 3D Printing Materials Market to Exhibit Fastest Growth in Coming Years

In 2013, North America emerged as the largest regional market for 3D printing materials across the world with a share of more than 37% in the overall demand reported for these materials. However, in the coming years, Asia Pacific is likely to experience the fastest growth among all the regional markets for 3D printing materials on account of the rising uptake of 3D printing technology in various Asian economies such as China and Japan.

In terms of volume, Europe, North America, and Asia Pacific are expected to exhibit significant growth over the next few years. However, the market in the Rest of the World is anticipated to experience sluggish growth in the nearing future, owing to the limited scope of 3D printing technology in this region.

Plastics Enjoy Highest Demand in Global 3D Printing Materials Market

Metals, ceramics, plastics, lay wood and wax are the main materials used for 3D printing in the global arena. In 2013, the demand for plastics was the highest among these materials. The segment occupied a share of 48% in the overall demand reported for 3D printing materials that year.

The increasing demand for plastics for the 3D printing of electronics and other products is likely to maintain this trend in the near future. The flexibility and the durability, plastics provide, are the key factors behind its soaring demand in 3D printing.

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The industrial, aerospace, education, architecture, automotive, electronics and consumer goods, pharmaceuticals, and military sectors are the prime application areas for 3D printing materials market. Here is a snapshot of the demand scenario for 3D printing materials in various segments.
  • The electronics and consumer goods segment exhibited the highest demand for 3D printing materials in 2013 with a share of 23% while the automotive segment occupied the second position.
  • During the period from 2014 to 2020, the demand for 3D printing materials in the electronics and consumer goods segment is likely to rise at a CAGR of 17.0%.
  • Other application segments are also projected to report a significant demand for 3D printing materials over the next few years.
Some of the major producers of 3D printing materials in the global market are Voxeljet AG, SLM Solutions GmbH, Stratasys Ltd., Optomec, ExOne GmbH, Solidscape Inc., EOS - Electro Optical Systems, Arcam AB, Concept Laser GmbH, and 3D Systems Inc.

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, 28 April 2016

Adhesives and Sealants Market to Benefit from Growing Construction Industry in Developing Countries : TMR

Adhesives and sealants have been in use since ancient times, but at present these items have become essential in vital industries such as construction, automotive, and packaging, among many others. In the modern world, global adhesives and sealants market are prepared from chemicals. At present, there is increasing focus on bio-based adhesives and sealants due to measures taken by governments to minimize damage done to the environment.

Construction Industry to Account for Maximum Demand from Adhesives and Sealants Market

Adhesives bind two items together and can be made from natural or manmade synthetic sources. Sealants are used to prevent leakage and create a barrier. Sealants differ from adhesives in terms of lower strength and higher elasticity and are highly useful for sealing assemblies and joints. Adhesives can be neoprene or starch-based and are used in several industries.

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Classification of adhesives is based on their chemical composition, such as polyamides, polyurethane, and epoxy. Different adhesives have different physical properties and are available in a variety of forms such as tapes, pellets, liquid, and pastes. Pressure-sensitive and structural adhesives are among the types of adhesives available in the market.

Sealants are flexible and help provide protection from various substances such as air and water, and are also available in various forms. Polyurethane, acrylic, and silicone sealants are among the types of sealants in the market. Sealants are usually corrosion-resistant, insoluble in many solvents, and adhesive, though not to the extent of adhesive products.

The main application areas of adhesives and sealants are construction, automobiles, and packaging. Construction has increased in BRIC countries and will result in the growth in sealants market, though environment-conservation measures and resultant regulations against the use of chemical-based products can check the predicted market growth for sealants. The outcome of this factor will be a shift towards bio-based adhesives and sealants. The construction industry accounted for 27% of total sealants use in 2011 and the packaging and automotive industries accounted for a collective 34%.

Asia Pacific to Dominate Global Adhesives and Sealants Market

The global adhesives and sealants market is divided into the geographical segments of North America, Europe, Asia Pacific, and Rest of the World. According to latest market research from a leading U.S.-based market research company, Asia Pacific led the global market, with a 35% share in 2011. This was due to growing construction activities in particularly China, and also India, South Korea, Indonesia, etc. Europe and North America were next, with a combined 54% share of the market in 2011. Sealants are proving to be a rapidly growing market in Asia Pacific, with growth expected at a CAGR of 5% from 2012 to 2108. The growing construction industry also played a major role in this, since sealants are vital components of any construction.

Sealants are used all over the world and silicone and polyurethane sealants accounted for 58% of the market share in 2011. The increased demand for silicone-based sealants is based on new product developments in the automobile and packaging industries. Silicone-based sealants are set to grow at a CAGR of 5.3% from 2012 to 2018.

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.

Specialty Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 : Transparency Market Research

Specialty polymers area class of polymersthat exhibit specialized properties. These properties differentiate them from conventional polymers.Specialty polymersare employed ina wide range of applications. Specialty polymers are classified under specialty chemicals. These polymers are usually manufactured in small quantities and are priced at premium. Specialty polymers can be classified into thermoplastic polymers, biodegradable polymers, polymer composites, liquid crystal polymers, electroluminescent polymers, and conducting polymers. Specialty polymers are used in various industries such as automotive, electronics, cosmetics, medical, and construction.These polymers, especially thermoplastic polymers, are good insulators, and offer high heat resistance and flame resistance properties.Thus, they are used inthe manufacture of various electrical components such as sockets and switches. Thermoplastic specialty polymers can also be usedto manufacture bullet-proof glass. Biodegradable polymers are used widely in medical and agriculture fields.These polymers can be used in the manufacture of films, blow molded bottles, and as coatings on paper. Biodegradable specialty polymers are useful for controlled drug delivery in the medical industry, as these are biocompatible and biodegradable.Thus, specialty polymers exhibit various properties.This makes specialty polymers suitable for usage in a wide range of end-user industries.

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Conducting polymers, a class of specialized polymer have the ability to conduct heat better than other type ofpolymers. These polymers are used in applications requiring high heat conductivity. Electroluminescent polymers emit light in response to a strong electric field or electric current.These polymers can be used in LED devices (including flat panel display for PC, television, and mobiles)and color pixels in ink jet printing. Liquid crystal specialty polymers exist as liquid crystals under suitable conditions of temperature, concentration, and pressure. Liquid crystal polymer, also called Kevlar, is used in the manufacture of protective clothing and body armor. The cost of specialty polymers is high; however,these are preferred due to its unique properties and wide range of applications.

The specialty polymers market is anticipated to expandat a healthy CAGR during the forecast period. Asia Pacific is projected to be the fastest growing market for specialty polymers during the forecast period. Expansion in automotive and electrical industries in India and China coupled with growth in infrastructure activities is likely to drive the specialty polymers market in Asia Pacific. Rise in economy and increase in per capita income are some of the key factors that trigger the growth of the specialty polymers market in the region. Increasing need for specialized polymers with high endurance limit, corrosion resistance, electrical insulation, resistance to wear, and thermal stability can act as a major diver for the growth of the specialty polymers market.

However, high instability in the prices of raw materials required for the manufacture of specialty polymers is expected to be one of the major restraining factors for the specialty polymers market. In spite of higher raw material prices, the promising benefits gained through specialty polymers in various end-user and allied industries is expected to moderate the effect of restraint. Overall, the specialty polymers market is anticipated to experience significant growth in the near future due to the increase in the number of applications.

Some of the major companies operating in the global specialty polymers market include Evonik Industries, Ashland Inc., Clariant, Solvay Group, BASF SE, Specialty Polymers, Inc., PolyOne Corporation, AmeriLux International, LLC, The Dow Chemical Company, 3M,Alpek S.A.B. de C.V., A.Schulman, Inc., Arkema Group, Koninklijke DSM N.V., and Croda International Plc.

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.

Surge in Global Automotive Demand to Boost Global and U.S Conveying Equipment Market : Transparency Market Research

Driven by widespread introduction of mass production and assembly line methodologies in varying industries, the Global and U.S Conveying Equipment Market, which stood at US$30.76 billion in 2011, is projected to reach US$34.71 billion by the end of 2018. According to the report titled “Global and U.S. Conveying Equipment - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018” the global conveying belt market will grow at a CAGR of 1.8% during the forecast period from 2012 to 2018.

Published by Transparency Market Research, the study observes that the surge in demand for automobiles worldwide coupled with the growing requirement for customized conveying equipment is expected to boost the demand for conveying equipment in the global scenario. However, volatility in demand from the durable goods industry might have a profound impact on the conveying equipment market.The findings of the report indicate that a growing incidence of ecommerce together with a paradigm shift in the distribution networks of products from manufacturers to merchants and from merchants to clients, along with the expansion of the food and beverage industry that follows a linear path for both production and mobility of goods, is anticipated to create fresh opportunities for the market to capitalize on in the next 4-5 years.

The unit handling equipment segment emerged as the largest segment of the market in 2011, accounting for 44.9% of the market. This equipment found use in both manufacturing and shipping of industrial products, which also made them a primary requirement for several industries. However, over the forecast period, the parts and attachment segment is projected to emerge as the fastest growing segment in the conveying equipment market, registering growth at a projected CAGR of 2.2% between 2012 and 2018. Similarly, the report predicts the global market for bulk handling equipment will surpass US$11 billion by the end of 2018. The global market for conveying equipment was dominated by Europe in 2011. The region accounted for 35.9% of the overall market. The expansion of the market in this region was bolstered by the presence of many leading automobile manufacturers in countries such as Italy, France, and Germany.

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The conveying equipment market in North America alone is expected to be worth US$8,457.8 million by 2018. The U.S. was the largest contributor to the North America conveying equipment market. The country accounted for revenue of about US$6,618.2 million in 2011. However, the analysts foresee tremendous growth for the conveying equipment market in Asia Pacific. The region is expected to emerge as the fastest growing market over the forecast period at an estimated CAGR of 2.3%. The rapid expansion of industries mainly in India and China will drive the demand for conveying equipment in Asia Pacific. The conveying equipment market in the U.S. is dominated by unit handling equipment, which accounted for 33% of the overall market in 2011. It is expected to reach US$3,452.3 million by the end of 2018. The market for parts and attachments in the U.S. will grow at a 2.3% CAGR.

The report also profiled leading market players such as Fenner Dunlop, Rexnord, Dematic, Nordstrong Equipment Ltd., Webster Industries, Intelligrated Inc., and Sandvik AB.

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.

Pentaerythritol Market to Grow at 6.8% CAGR thanks to Flourishing Automobile Industry : Transparency Market Research

Transparency Market Research (TMR) has published a report titled “Pentaerythritol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018”. According to this report, the global pentaerythritol market was valued at US$1.01 billion in 2011 and is expected to reach US$1.59 billion by 2018, growing at a CAGR of 6.8% from 2012 to 2018.

In terms of volume, the output of the global pentaerythritol market was 485.9 kilo tons in 2011 and is expected to reach 692.9 kilo tons by 2018, growing at a rapid CAGR of 5.3% from 2012 and 2018. The report highlights the primary growth drivers, inhibitors, trends, and opportunities for this market in the coming few years.

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The automotive industry uses pentaerythritol for several applications such as coatings, interiors, and high-grade lubricants. Pentaerythritol is also used in the synthesis of polyurethane foams, which are used in automobile interiors. The booming automobile industries in countries such as India and China are a large contributor to the growth of the pentaerythritol market. The other main growth drivers of the global pentaerythritol market are rising disposable incomes, population growth, and easy loan schemes for cars and homes. The growth of the middle class, burgeoning average income levels, and government schemes are leading to an increasing demand for housing, which in turn is generating a rise in the number of construction sites around the world. As pentaerythritol is a crucial component in all these activities, the growth rate of its market is promising.

The global pentaerythritol market has been segmented on the basis of applications and regions. Applications of pentaerythritol include alkyd paints, alkyd adhesives or sealants, alkyd inks, plasticizers, lubricants, radiation cure coatings, alkyd varnishes, and others such as pesticides and medicines. Geographically, the global pentaerythritol market is divided into North America, Europe, Asia Pacific, and Rest of the World.

Alkyd paints held the biggest market share in terms of volume in 2011, at 37.6%. These paints are used extensively in the construction industry. As the demand for these paints accelerates in Asia Pacific countries such as China and India due to the growth of construction activity, the alkyd paints segment will expand further. Alkyd inks follow alkyd paints closely. Alkyd inks are massively used in interior d├ęcor, automobiles, and coatings. The combined market share of alkyd adhesives and sealants and plasticizers was more than 20% in 2011. Out of these, plasticizers are expected to have the fastest growth rate, at a CAGR of 5.9% from 2012 to 2018. Changing lifestyles in countries such as India and China are dictating the applications of pentaerythritol and the growth is this market.

Some of the key players in the global pentaerythritol market are Ercros SA, Celanese Corporation, Hubei Yichang Chemical, and Perstorp Holding AB, Copenor, Mitsui Chemicals, Hunan Hengyang Sanhua, and Lee Chang Kung.

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, 27 April 2016

Green Corrosion Inhibitors to Open New Opportunity for Global Corrosion Inhibitors Market : Transparency Market Research

Due to the high demand for corrosion inhibitors mainly from the industrial sector, the global corrosion inhibitors market is expected to grow significantly during the period between 2013 and 2019. The global corrosion inhibitors market was worth US$5.20 billion in 2012 and due to positive growth at a CAGR of 4.7% during the forecast period, the market is expected to reach US$7.14 billion in 2019.

Environmental Regulations to Restrict Growth of Global Corrosion Inhibitors Market

Corrosion inhibitors, normally distributed from a solution or dispersion, form a layer over a metallic substrate, thereby reducing the destruction and degradation of the metals. Phosphonates, triazoles, and molybdates are the common inorganic and organic chemicals used in corrosion inhibitors. Since water accelerates corrosion in metals, the growth of the water treatment chemicals market will be one of the key market drivers of the global corrosion inhibitors market. Development in infrastructure has led to rising construction activities across the globe. This has boosted the demand for corrosion inhibitors to save the metals used in construction from corrosion.

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However, corrosion inhibitors are usually chemicals with high level of toxicity and bioaccumulation. Environmental issues related to the raw materials in corrosion inhibitors will hamper the growth of the global corrosion inhibitors market. This restraint has emerged as an opportunity for key players, as manufacturers are now focusing on green corrosion inhibitors, which are biodegradable and environment-friendly. Application of nanotechnology in corrosion inhibition will open further opportunities for the global corrosion inhibitors market.

Organic Corrosion Inhibitors Accounted for More than 70% of Global Corrosion Inhibitors Market

The global corrosion inhibitors market has been broadly segmented into organic and inorganic corrosion inhibitors. In 2012, the global corrosion inhibitors market was dominated by organic corrosion inhibitors, accounting for more than 70% of the total market. In terms of application, the global corrosion inhibitors market is divided into water-based corrosion inhibitors and oil/solvent-based corrosion inhibitors. Water-based corrosion inhibitors are low foam and are usually designed to protect metals such as copper, brass, bronze, and iron. Some of the water-based corrosion inhibitors are also used on steel surfaces. Oil/solvent-based corrosion inhibitors are non-staining and water-displacing preventives that provide humidity and salt-spray protection. These are used over alloys such as zinc phosphate, black oxide, and bare ferrous alloys. The water-based corrosion inhibitors segment accounted for more than 75% of the global corrosion inhibitors market in 2012.

Power Generation Segment Held the Majority Share of the Global Corrosion Inhibitors Market

Industries such as oil and gas, pulp and paper, metal processing, chemicals processing, power generation, and others are the main end-use segments of the global corrosion inhibitors market. Power generation led the global corrosion inhibitors market, accounting for more than 25% of the global demand in 2012. Due to the presence of corrosive materials in crude oil which results in the corrosion of the equipment and pipelines, the oil and gas segment accounted for 19.4% of the global corrosion inhibitors market.

Asia Pacific was Key Regional Segment of Global Corrosion Inhibitors Market in 2012

Region-wise, Asia Pacific region held more than 35% of the global corrosion inhibitors market, thereby becoming the largest regional segment of the market in 2012. In the same year, Europe and North America together accounted for 50% of the global demand. Infrastructural development combined with construction activities has led to the growth of the global corrosion inhibitors market in these regions.

The key players of the global corrosion inhibitors market include Lubrizol, AkzoNobel, Cortec, Champion Technologies, BASF SE, Dow, Ecolab, and Solutia.

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.

Plasterboard Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023

Plasterboard is a ceiling lining or internal wall board that is essentially used in residential and commercial frame construction. It is generally used as an inner layer of gypsum that is sandwiched between layers of paper. Various additives are added to the final product to develop plasterboard with different properties. Plasterboards are available in a variety of thicknesses and sheet sizes depending upon the application. For instance, acoustic plasterboards prevent sound, whereas thermal plasterboards prevent loss of energy from buildings. Other plasterboards are utilized to control moisture accumulation in bathrooms and kitchens as well as provide protection against fire. Based on these applications, the global plasterboard market can be divided into residential and non-residential construction. Residential construction is expected to be the fastest growing application segment in the near future. The global plasterboard market can also be segmented based on form and product type. In terms of form, the plasterboard market can be bifurcated into tapered-edge plasterboard and square-edged plasterboard. On the basis of product type, the market is segmented into fire-resistant, moisture-resistant, sound insulation, thermal, specialist, impact-resistance, and standard plasterboards.

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Rise in the building & construction industry across the globe is anticipated to drive the plasterboard market. Developing countries are major contributors to the rising building & construction industry. Industrial as well as residential construction in China, Latin America, the Middle East, India, and other developing regions are the highest contributors to the revenue generation of the global building & construction industry. Additionally, expected recovery of the construction industry from slowdown in North America is anticipated to boost the plasterboard market. Issues with safe disposal of plasterboards are likely to hamper market growth. Currently, there are limited or no recycling systems available in the market. Thus, most manufacturers dispose plasterboards in open areas. However, increasing environmental regulations imposed by regional regulatory bodies are expected to hamper the market in the near future. Research & development activities to develop environment-friendly, high-performance products are likely to offer immense opportunities to market players. Furthermore, changing preferences from wet construction methods to dry construction methods globally may offer opportunities in the near future.

In terms of demand, North America dominates the global plasterboard market. North America was the largest producer of plasterboard; however, Asia Pacific recently experienced rapid expansion in the production capacity. Demand for plasterboards in Asia Pacific is anticipated to increase at the fastest rate in the next few years. The plasterboard market in Europe and North America is estimated to expand at a sluggish rate due to subdued economic conditions in Europe and maturity in North America. Latin America is expected to exhibit strong growth in the near future. This can be ascribed to construction activities gaining momentum due to global sports events such as the FIFA World Cup and Olympics. Furthermore, strong economic growth is one of the major factors driving the demand for plasterboard in the region.

The global plasterboard market is moderately consolidated, with key players operating across the value chain. Market players are also concentrating to provide integrated solutions to expand their market share. Major players are investing significantly in research & development to improve their manufacturing process and develop new products. Key players operating in the plasterboard market include Gyprock, Knauf Insulation, BGC Plasterboard, Beijing New Building Material (Group) Co., Ltd., Boral Limited, Chiyoda UTE Co., Ltd., PT Siam-Indo Gypsum Industry, Saint-Gobain, Lafarge, Etex, National Gypsum Company Properties, LLC and Yoshino Gypsum Co., Ltd.

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.

Cleanroom Consumables Market expected to expand at a CAGR of 4.4% from 2015 to 2023 : Transparency Market Research

Transparency Market Research has published a new market report titled, “Cleanroom Consumables Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.” According to the report, the global cleanroom consumables market was valued at US$ 7,638.6 Mn in 2014 and is projected to expand at a CAGR of 4.4% from 2015 to 2023 to reach US$ 11,315.6 Mn in 2023.

Cleanrooms are controlled working environments, wherein contaminants such as dust, aerosol particles, airborne microbes, and chemical vapors are reduced to bare minimal levels. Cleanrooms are primarily used in every industry where small particles/contaminations can adversely affect the manufacturing/critical research activities. These vary in size and complexity, and used extensively in industries such as semiconductor manufacturing, pharmaceuticals, biotech, medical devices and life sciences, as well as critical process manufacturing common in aerospace, optics, military, and department of energy. Two international standards are used to classify cleanrooms: Federal Standard 209E, which is an old version, and TC 209 from the International Standards Organization, which is an updated form followed across the globe.

The products considered under the scope of the study has been further sub-classified into six categories: cleanroom apparels, cleaning products, cleanroom stationery, wipers, gloves, and adhesive mats. Cleanroom gloves of various materials are available in the market. Each of these types has merits and demerits. Nitrile gloves are most widely used in cleanrooms as these provide comfort and elasticity, have favorable static discharge properties, and provide effective barrier protection. Hence, these are ideally used in all major industries such as electronics, health care, aeronautical, defense, and automation.

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Cleanroom apparels include coverall, frock, boot covers, shoe cover, bouffant, sleeves, and other products such as pants, face masks, and hoods. Coverall is one of the widely and frequently replaced products within cleanroom settings. Cleaning products considered under the scope of the research in general are procured less frequently as compared to other cleanroom consumables considering the number of days a product can last/used. Cleaning chemicals are purchased in bulk and account for largest share of the cleaning products segment. Buckets, wringers, and squeegees are largely procured from local players, and accounted for a significant share of the cleanroom cleaning products segment in 2014. Polyester and urethane foam material mops are specially used in cleanroom due to their low particle generating and autoclavable properties.

The adhesive mats and wipers segments held similar market shares in 2014. However, growth rate of the wipers segment is slightly higher as compared to the adhesive mats segment considering the usage trend across all application segments. In the wipers product segment, pre-wetted or wet wipers (70% isopropyl alcohol + 30% ionized water) are generally used to avoid microbial contamination. Medical device and electronics manufacturers utilize wipes pre-saturated with solvents for oil and grease cleaning. Fabric of cleanroom wipes are designed for liquid and dirt holding capacity. Cleanroom adhesive mats are sticky mats used for removing unwanted dirt, dust, and debris from shoes and wheel borne contaminants. In general, a sticky mat acts as a barricade for maintaining sterile environment in health care research units and manufacturing plants. Considering the need for multiple units in a day, most mats are available in a pack size of 30 or 60 sheets per pad and each layer of mat is mostly kept for four to seven hours depending upon the number of people and nature of manufacturing/research work.

Major players profiled in the report include Berkshire Corporation, Cantel Medical, Contec, Inc., DuPont, Kimberly-Clark Corporation, KM Corporation, Micronclean (skegness) Ltd., Micronova Manufacturing, Inc., Nitritex Ltd., Texwipe, Thermo Fisher Scientific, and Valutek.

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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.

Tuesday, 26 April 2016

Environmental Conservation Efforts will Drive Demand from Global Activated Carbon Market between 2013 and 2019 : Transparency Market Research

Activated carbon is used to remove the presence of heavy metals in industrial waste. Due to its high degree of microporosity, which results in its high adsorptive power, activated carbon removes heavy metals such as lead, mercury, cadmium, and chromium. The global activated carbon market is expected to grow at a CAGR of 11.9% in the period between 2013 and 2019. The global activated carbon market was valued at US$1913.2 million in 2012 and, at the aforementioned positive CAGR, is expected to reach a valuation of US$4180.5 million by 2019.

Environmental Degradation will Boost Global Activated Carbon Market

The global activated carbon market has a huge opportunity to grow due to the increasing threat of environmental degradation caused by heavy metals in industrial waste. Most heavy metals are poisonous in nature and affect plants and animals alike. The Mercury and Air Toxics Standard issued by the United States Environmental Protection Agency (EPA) stresses on reducing the presence of mercury, acid gas, and some other common metal emissions released by coal- and oil-powered plants. Stringent guidelines for mercury removal at industrial plants are expected to help the growth of the global activated carbon market.

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However, although unreliable, the usage of metallurgical coal and coconut shell charcoal could slow the growth of the global activated carbon market. To decrease the operational cost of the process with minimal effect on the environment, reactivation of carbon is often performed by manufacturers. This is expected to open up new opportunities for the global activated carbon market.

Powdered Activated Carbon Segment took up 49% of Global Activated Carbon Market in 2012

According to product type, the global activated carbon market is categorized into powdered and granular activated carbon. Due to the extensive usage of powdered activated carbon in mercury removal, 49% of the global activated carbon market was taken up by this segment in 2012 and the segment is expected to grow consistently in the forecast period. Following on its heels, more than 32% of the global activated carbon market share will be held by the granular activated carbon segment by 2019.

On the basis of application, the liquid phase segment held 58% of the global activated carbon market in 2012 by volume. The gas phase segment is tagged to be the fastest growing segment in the forecast period, growing at a CAGR of 13%.

Depending upon the end-use segmentation of the global activated carbon market, water treatment accounted for more than 40% of total consumption in 2012. Due to the rising water contamination level worldwide, water treatment for the removal of heavy metals has become prioritized. During the forecast period, it will continue to be the largest end-use segment in the global activated carbon market. Air purification is expected to be the fastest growing end-use segment, growing at a CAGR of 13.9% during the forecast period. Rising pharmaceutical output in North America and Asia Pacific has made the pharmaceutical industry one of the key end users of activated carbon. Food and beverage processing and automotive industries are the other key end-use segments of the global activated carbon market.

Asia Pacific Generated 41% of Total Revenue in Global Activated Carbon Market in 2012

Geographically, Asia Pacific accounted for more than 41% of the total revenue of the global activated carbon market in 2012 and it is forecasted to be the fastest growing market as well, with growth expected at a 12.0% CAGR. The major producers of activated carbon in the region are China, Japan and India. Demand from Europe and North America is expected to grow at significant CAGRs of 7.6% and 12.2%, respectively, during the forecast period from 2013 to 2019.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.