Wednesday, 31 August 2016

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

Cocamidopropyl betaine (CAPB) or coco betaine made from coconut oil is a derivative of cocamide and glycine betaine. Coco betaine is a mild co-surfactant that is compatible with anionic, non-ionic, and cationic surfactants. It is an efficient cleanser and foam booster. It acts as a viscosity enhancer, a conditioning & anti-static agent, and a moderate emulsifier. Coco betaine finds applications predominantly in cosmetic products such as body washes, shampoos, bubble baths, cleansing lotions, creams, hand soaps, baby products, hair conditioners, and cream rinses.

Coco betaine is considered a low to moderate hazardous product. Skin and eye irritations have been reported in certain cases; however, coco betaine is generally a harmless product for external use. The introduction of coco betaine provided manufacturers and formulators with a way to improve the mildness of their surfactant formulations over traditional sulfate systems. Coco betaine is generally regarded as a mild and safe ingredient. Hence, it is increasingly replacing cocamide DEA in cosmetic formulations. Coco betaine is considered skin-friendly and earth friendly as it is derived from coconuts.

Get Free PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13391

Presently, coco betaine is widely used in cosmetics across the world. EOC Group, Kao Corporation, Stepan Company, Evonik Industries AG, L'Oréal USA, ECHO CHEM SDN. BHD., Huntsman Corporation, and Miwon Commercial Co., Ltd. are the prominent players in the coco betaine market. The supply chain for the coco betaine market is well established, and hence the product is distributed globally through established traders.

The coco betaine market is driven by features such as good foaming and foam liquid stabilization properties, excellent wetting properties, ability to increase cleansing capability of non-ionic surfactants, and low impact on environment. Its reaction as an allergen to certain sensitive skin types acts as a restraint of the coco betaine market. Presence of certain impurities that induce allergic reactions may also hinder market growth.

The introduction of cocamidopropyl hydroxysultaines by companies such as Rhodia (Solvay) poses a threat of substitution to coco betaines. Cocamidopropyl hydroxysultaines are more active biodegradable surfactants that are self-preserved. These also claim superior foam quality and quantity over coco betaines, especially in the presence of soil and hard water. The coco betaines market is likely to witness a moderate growth rate from 2015 to 2023 due to the drivers and restraints mentioned above.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.

About Us

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

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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

Automotive coatings enhance the appearance and durability of a vehicle and also protect it from extreme temperature, UV radiation, foreign particles, and acid rain. Increasing consumer preference is a key factor driving the global automotive coatings market, which is anticipated to witness healthy growth over the forecast period.

The research report studies the overall automotive coatings market by segmenting it on the basis of several parameters such as coat type, texture, technology, vehicle type, and geography. By texture, the automotive coatings market is bifurcated into solid and metallic. By coat type, the market is divided into primer, clearcoat, electrocoat, and basecoat. By technology, the automotive coatings market is segmented into waterborne, solvent-borne, and powder coating. By region, the automotive coatings automotive coatings market is fragmented into Europe, Asia Pacific, North America, and Rest of the World.

The report offers a comprehensive, well-researched, unbiased, and accurate overview of the global automotive coatings market, along with focus on key aspects such as structure, components, growth drivers and restraints, market attractiveness, strengths and weaknesses, value and industry chain, scope, and dynamics.

Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3568

Overview of the Automotive Coatings Market

The global automotive coatings market is projected to develop at a healthy growth rate during the forecast period owing to increased competition among players, growing demand for vehicles, supportive government policies, development of transportation infrastructure, and rapid economic growth. Ongoing product development and rising research and development investments are likely to boost the demand for automotive coatings in the coming years. However, volatile nature of raw material prices and harmful environmental impact of conventional solvent-borne coatings threaten to limit the growth of the automotive coatings market.

Solvent-borne is the leading technology segment within the automotive coatings market but is projected to lose market share in the next few years owing to environmental hazards. Basecoat makes up for the largest coat-type segment and is likely to witness significant development by the end of the forecast period.

Asia Pacific accounts for the largest share of the automotive coatings market owing to large demand and production of automobiles, rising number of joint ventures among key players, and favorable political and economic scenario. Even though Europe is presently the second-largest automotive coatings market in the world, North America is predicted to surpass it in the coming years owing to a significant boost in the production of vehicles. While the major challenge that Europe and North America face is economic slowdown, both the regions are anticipated to benefit from stringent environmental regulations that drive the demand for powder coatings and waterborne coatings.

Companies Mentioned in the Report

There are several players competing in the global automotive coatings market: BASF SE, PPG Industries Inc., Kansai Paint Co., Ltd., Bayer AG, Solvay SA, Akzonobel N.V., Axalta Coatings System LLC, Arkema SA, Nippon Paint Holdings Co., Ltd., and Valspar Corporation. The research report identifies the leading players and profiles them based on aspects such as company and financial overview, product portfolio, recent developments, business strategies, and SWOT analysis.

Global Automotive Coatings Market, by Texture
  • Solid
  • Metallic
Global Automotive Coatings Market, by Technology
  • Waterborne
  • Solvent-borne
  • Powder Coating
Global Automotive Coatings Market, by Coat Type
  • Primer
  • Electrocoat
  • Basecoat
  • Clearcoat
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 Abrasives Market Led by Demand from APAC Automotive, Electronics Industries

Abrasives are substances used to shape or polish a substance to a desired end level. The result can be achieved by rubbing the abrasives against the substance in question, or direct impact.The global abrasives market generates significant demand from various industries such as metalworking, automotive, transportation, and electronic goods. The simple nature of abrasives and the relatively high benefits has resulted in a constant growth trend for the global abrasives market in the last few years. This trajectory is set to continue in the coming years, with the global abrasives market set to grow at a CAGR of 5.5% from 2013 to 2019. The market’s total revenue was US$35,203.6 million in 2012, according to a leading U.S.-based market research firm, and would escalate to US$51,389.7 million by 2019.

Transparency Market Research, the market analysis company that has made this prediction, expects demand from the automotive and electronics industries to drive the global abrasives market in the coming years. These two industries are booming at present, with growing affluence of Asian, African, and Latin American consumers leading to ever-increasing demand for these two products from these hitherto unexplored markets. This is a major factor propelling the global abrasives market.

Get Free PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1334

Bonded Abrasives Lead Global Market, Raw Superabrasives to Gain in Prominence

In 2012, the global abrasives market was led by the product category of bonded abrasives. This is due to strong demand for the same from the leading end users of abrasives. However, loose abrasive grains, the second largest product category within the abrasives market in 2012, is expected to grow at a strong CAGR over the forecast period. Raw superabrasives will, however, exhibit the highest CAGR, due to the rising trend of replacement of bonded abrasives by loose abrasive grains and raw superabrasives.Other product types in the global abrasives market include coated abrasives, steel abrasives, and others.

Machinery, Automotive, Electronics Sectors to Lead Demand for Abrasives

Major end-use segments of the global abrasives market are machinery, metal fabrication, automotive, electronics, transportation, construction, medical devices, and power generation. Of these, the machinery sector leads demand from the global abrasives market, generating revenue totaling more than US$8,000 million in 2012. With a 5.4% CAGR expected for the segment from 2013 to 2019, it is expected to retain its dominance over the global market.

Metal fabrication was the second largest end-use sector of the global abrasives market and will retain a significant share in the market over the forecast period. However, other end-use industries such as automotive and electronics will claim the highest CAGRs over the forecast period. As mentioned earlier, this is largely due to growing prominence of these two industries in the emerging regions of the world.This is also reflected in the geographical segmentation of the global abrasives market.

Browse Full Global Abrasives Market Report With Complete TOC : http://www.transparencymarketresearch.com/abrasive-market.html

China Leads Global Market for Abrasives due to Demand from Various End-use Sectors

Asia Pacific is the largest as well as the fastest growing regional segment of the global abrasives market, due largely to demand from the automotive, electronics, as well as transportation industries in China. Other Asian countries such as India, Japan, and South Korea are also raising their demand for abrasives steadily and are expected to be major players in the global market in the near future.

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.

Packaging Applications to Propel U.S. Natural Polymers Market to US$7.12 billion by 2018

In its latest study focused on the natural polymers market in the United States, Transparency Market Research estimates that in 2012, the demand for natural polymers was US$4.95 billion, and will grow at a CAGR of 6.2% from 2012 to 2018, by which year it will stand at US$7.12 billion. The report is titled “Natural Polymers - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018.”

The report finds that natural polymers are finding widespread applications in the shipment of non-durable goods, pharmaceuticals, as well as food and beverages. As the shipments of all of these products continue to show an upward graph, the demand for natural polymers in the United States is slated to exhibit an increase too. The study focuses on key applications such as food and beverages, medical, oilfield, as well as other applications such as cosmetics, toiletries and packaging classified under a segment called ‘others’.

Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1257

An extensive analysis of all of these segments reveals that in U.S. natural polymers market, medical applications trumped all others, with a 25.6% share of the total revenue generated as of 2012. Also, the most extensively consumed type of natural polymer in the U.S. natural polymers market was cellulose ether; it constituted 36.5% of all recorded consumption volumes as of 2012.

The demand for pharmaceuticals is increasing, and as a result, this application area will also witness higher growth. This growth in pharma applications will have a cascading effect wherein the demand for fermentation products and starch will also spike. Cellulose ethers-derived from the photosynthesis of wood pulp, cotton and certain other plant types-are used in a variety of markets like medical, food and beverages, and oilfield operations. Some of the most commonly used types of cellulose ethers include: Methyl Cellulose (MC), Carboxymethyl Cellulose (CMC), Hydroxyethyl Cellulose (HEC), and Microcrystalline Cellulose (MCC). According to the estimates of this market study, by 2018, the demand for starch and fermentation products will likely rise to 479.3 kilotons, exhibiting a CAGR of 12% between 2012 and 2018.

The study also discusses the important end-user industries within the U.S. natural polymers market. These end-user industries include: Adhesives and sealants, toiletries, packaging, leather tanning, construction, paint and inks, and textiles. One of the most important segments that generates considerable revenue for the U.S. natural polymers market is that of packaging. A number of natural polymer-based materials are required for packaging applications. In fact, several players in the U.S. natural polymers market are focused mainly on the packaging segment and conduct extensive research to come up with new and more innovative methods for packaging.

This report also closely profiles the leading players in the U.S. natural polymers market. Some of these names include: Ashland Inc., Economy Polymers & Chemicals, Dow Chemical Company, JM Huber, Archer-Daniels-Midland, Novamont, Plantic Technologies, FMC Corporation, Cargill Inc., Danisco, Cereplast, CP Kelco, Allergan, Croda International plc, BASF SE, and AkzoNobel NV.

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.

Crystalware and Glassware Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 – 2023

As the name suggests, crystalware & glassware products are made of glass and crystals (a variety of glass with a different chemical composition and a crystalline structure). Uses of crystalware & glassware products in households can be traced way back to medieval period in Europe and Han period in China. Crystalware & glassware products gained its popularity in Europe and North America after the Second World War. Crystalware & glassware products are generally made of three types of glasses which are soda lime glass, lead glass and heat resistant glass. Soda lime glass is the most common type of glass used contributes to more than half of total crystalware & glassware market. Rest of the market is contributed to by lead glass and heat resistant glass. By type of application, crystalware & glassware market can be divided primarily into four segments which are functional drinking vessels, tableware, ornamental & decorative and collectibles.

Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=216

In the crystalware & glassware industry, crystals were formerly referred to as lead glass which is a variety of glass where calcium content of glass is replaced by lead. Lead glass contains 18–40% of lead oxide. Lead crystalware products were previously used to store and serve drinks (beverageware). Due to health risks associated with lead, barium oxide, zinc oxide and potassium oxide were later introduced to replace lead oxide. This type of glass was named crystal glass. Glass products which contain 24% lead oxide are generally referred to as lead crystal while any products containing lead oxide less than 24% is referred to as crystal glass. The tableware application segment has largest share in global crystalware & glassware market. Tableware market can be segmented down to dinnerware (plates, bowls, cups, saucers and mugs, generally made of glass), general glassware (beverageware, stemware and barware made of glass or crystal) and flatware (eating utensils). Crystalware products have higher refractive index and lower working temperature and viscosity. It also has attractive optical properties due to high content of lead or other heavy metals in its composition. Crystalware & glassware products are also used in ornamental & decorative application. As presence of lead or any other heavy metal’s oxide gives a much higher index of refraction than normal glass and also increases sparkles by increasing specular reflection and range of angels of total internal reflection, this market is majorly occupied by crystalware products as they have desirable aesthetic properties.

Crystalware & glassware is part of houseware industry which has a multi-billion dollar market. As demand of crystalware & glassware is dependent on high volume market its price is expected to be at lower side, especially from Chinese manufactures. In price sensitive regions such as Asia Pacific and Middle East where demand of crystalware & glassware is on higher side due to already existing and expanding glass and plastic industries, lower price may act as a significant driver of its demand. Crystalware & glassware market has experienced decline in demand in developed regions such as North America and Europe. The market is expected to decline further in future because of economic crisis combined with increase in market share of cheap imported products from Asia Pacific region.

In developed regions such as Europe and North America, due to an influx of cheap products from China, retailers are being forced to lower their prices to survive in competing market. In addition to this, economic crisis resulting in slowing wages and rising living cost has forced European and North American market to saturate. On the other hand European and North American manufacturers are more focusing on emerging markets such as Asia Pacific and Middle East region where fast growing middle class want to invest in quality crystalware & glassware products from renowned brands. Because of this in future the market is expected to be driven by Asia Pacific and Middle East region but existing ceramic and plastic products in those regions will hinder its growth.


Some of the major companies involved in the Potassium Formate market are Lenox Corporation (U.S.), Lifetime Brands, Inc. (U.S.), Guy Degrenne SA (France), The Denby Pottery Company Ltd. (UK), Libbey, Inc. (U.S.), Villeroy & Boch AG (Germany), Noritake Co., Ltd. (Japan), World Kitchen, LLC. (U.S.), The Zrike Company, Inc. (U.S.), WWRD Holdings Ltd. (UK), WMF Wurttembergische Metallwarenfabrik AG (Germany), and Oneida Ltd. (U.S.).

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.

Tuesday, 30 August 2016

Shotcrete/Sprayed Concrete Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Shotcrete/sprayed concrete is a specialty concretethatis projected at high velocity on the surface of a construction through a sealed and pressure-resistant hose. Application of shotcrete/sprayed concrete is based on a flexible and economic technique. The concrete mix is hydrated with water and blown from a spraying nozzle onto the substrate. Shotcrete/sprayed concrete possesses certain advantages over conventional concrete. They impartstrongdurability and high mechanical strength to constructions. They use lower ratio of water and cement, resulting in high compressive strength and dense compaction. Furthermore, application of shotcrete/sprayed concrete enables the construction to achieve low water permeability and enhanced bond strength. It also reduces the formwork time and cost.

Get FREE PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7700

Shotcrete/sprayed concrete can be conveyed using two techniques:wet mix and dry mix. In wet mix, water is added to the mixture of cement, aggregate, and sprayed concrete admixture. Then this wet mix is pumped into a nozzle where air and shotcrete accelerators are added.Wet mix shotcrete/sprayed concrete is used to provide a decorative finishwith high output capacity and high durability. In dry mix, cement, aggregate, and admixture areblended in a specific ratio without water and placed in a delivery equipment.The mixed material is then conveyed by an air compressor through a hose or pipe with high velocity. Dry sprayed shotcrete/sprayed concrete has excellent flexibility and provides high early strength. Shotcrete/sprayed concrete mix properties can be improved by addition of ingredients such as silica fume, air-entraining admixtures, fibers, and accelerators.

Shotcrete/sprayed concrete is particularly suitable for use in awide range of construction areas such as new construction, underground construction, water-retaining structures, protective coatings, and free formed structures. Specialty construction structures including shell roofs, domes, barrel vaulting, bank vaults, blast-proof structures, and pilled wall facing use shotcrete/sprayed concrete. It has potential use in underground construction, especially in tunneling system such as tunnel linings, tunnel and underground chamber lining, and tunnel walls. Furthermore, shotcrete/sprayed concrete is used in constructing water-retaining structures including sea and river walls, storage reservoirs, dams, swimming pools, water towers, and canal linings. Refractory linings, rock and soil stabilization, and pipeline encasementare some of the different types of protective coatings that use shotcrete/sprayed concrete. Additionally, free form structures such as climbing walls, sculptures, and theme park elements are constructed using shotcrete/sprayed concrete.

Europe has dominated the global market for shotcrete/sprayed concrete in the past few years. Europe constituted the largest market share in 2014 due to rising demand from economically developed countries such as Germany, Italy, Austria, and Switzerland. North America also held significant market share in 2014. Asia Pacific is projected to be the fastest-growing market for shotcrete/sprayed concrete during the forecast period. Increasing demand from developing countries such as Japan, Australia, and China drivesrapid growth of the marketin this region. Europe and Asia are estimated to witness a growing market trend in the next few years. Latin America and the Middle East are expected to be the emerging markets for shotcrete/sprayed concrete during the forecast period.


Growing population and current economic development in countries inAsia Pacific leads to improvement in civil construction. Underground road and tunnel construction activities havebeen increased to avoid traffic in densely populated regions of Asia Pacific in the recent past. Thus, risingdemand forunderground constructions is anticipated to fuel growth of the shotcrete/sprayed concrete market in the next fewyears. Furthermore, shotcrete/sprayed concrete manufacturers are developinginnovative technology and advanced equipment for concrete application. This, in turn, is likely to drive demand for shotcrete/sprayed concrete during the forecasted period.

Some of the key players in the shotcrete/sprayed concrete market include Atlas Copco AB, BASF SE, CEMEX S.A.B. de C.V., Gunform International Limited, Kryton International Inc., Lkab Berg &Betong AB, Prestige Concrete Products, Sika AG, Tarmac Building Products Limited, and The Euclid Chemical Company.

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 Monoethylene Glycol (MEG) Market is anticipated to reach US$ 40.85 Bn in 2023 : TMR

The global monoethylene glycol market was dominated by SABIC, The Dow Chemical Company, and Royal Dutch Shell Plc. – three companies that collectively held 29.3% of the market in 2014.

Despite the globally strong presence of these key players, a majority of the global production of monoethylene glycol is done by regional and local companies. This creates a highly fragmented and highly competitive market where capacity expansion is the core standard for gaining market share.

According to a new publication released by Transparency Market Research, the competitive edge in the global market for monoethylene glycol is expected to remain very sharp over the coming years, due to the sheer number of regional players that globally prominent producers have to compete with. The threat of new entrants is expected to remain low till 2023, owing to the high level of regulatory control, the currently intense competition in the market, and the high capital required to create a sustainable business.

Get Free PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2251

In terms of revenue, the global market for monoethylene glycol is expected to expand at a CAGR of 6.1% within a forecast period from 2015 to 2023. The revenue is expected to reach US$26.93 bn by the end of 2016 and US$40.84 bn by the end of 2023. The volume of monoethylene glycol produced in the world is expected to progress at a CAGR of 5.5% from 2015 to 2023.

APAC Demand for Monoethylene Glycol Soars

By 2023, 69% of the global production of monoethylene glycol is expected to be taken up by Asia Pacific. This region is a key consumer of monoethylene glycol mainly for the manufacture of polyester and PET.

Of the two key applications of monoethylene glycol given above, the manufacture of polyester fiber is expected to take up 55.1% of the total monoethylene glycol volume produced in 2023. Polyester is a highly common synthetic fiber used mainly due to its near imperviousness to weather conditions. The other key application of monoethylene glycol lies in the manufacture of PET, which is also witnessing a rise in use across emerging economies.

High Polyester and PET Demand in Emerging Economies Spurs Monoethylene Glycol Production

“The two key applications of monoethylene glycol – polyesters and polyethylene terephthalate – are finding an enormous demand in emerging economies, especially from the Asia Pacific region,” states a TMR analyst. “These nations are showing a robust economic growth rate and it is reflecting on the higher disposable incomes of individuals. This has greatly improved the consumer goods sales in the region and directly impacting the growth of the packaging and textile industries, and in this case, the consumption of polyesters and PET.”

In contrast, the scope of growth of monoethylene glycol players is steadily reducing, owing to a saturated market, the oversupply of cheap imported MEG from emerging economies, and growing environmental concerns over use of plastics.

Feedstock Price Volatility Hampers Demand for Monoethylene Glycol

The raw materials required to produce monoethylene glycol come from crude oil, which is also used to derive other raw materials and fuel. The split demand for crude oil combined with its depleting reserves are creating a highly volatile costing for it, making it very difficult for producers of monoethylene glycol and other derivatives to procure sufficient amounts to sustain profitability.

Browse the full Monoethylene Glycol (MEG) Market Report At : http://www.transparencymarketresearch.com/monoethylene-glycol-market.html

“Producers of monoethylene glycol can now look towards opportunities in the production of bio-based monoethylene glycol, which uses ethanol derived from sugarcane rather than the conventional crude oil based chemicals. This not only helps reduce the unpredictability of raw material costs, but also helps significantly reduce the carbon emissions of a company,” states the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Monoethylene Glycol (MEG) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaways:
  • By 2023, US$22.71 bn will be generated in monoethylene glycol demand from polyester manufacturers.
  • By 2023, US$25.88 bn will be generated in Asia Pacific through the demand for monoethylene glycol.
  • The overall market value of monoethylene glycol globally is expected to reach US$40.84 bn by 2023.
Key segments of the Global Monoethylene Glycol (MEG) Market

Global Monoethylene Glycol Market, By Application:
  • Polyester Fiber
  • Polyethylene Terephthalate
  • Antifreeze
  • Others
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.

High Density Polyethylene Market will be worth of US$ 84.79 Bn in 2023, growing at a CAGR of 4.5% by 2023

The extremely fragmented global high density polyethylene market comprises a vast majority of regional and local producers that cater to local businesses. The three leading producers of high density polyethylene had barely taken up 16.3% of the global HDPE volume generated in 2014. These producers – Chevron Philips Chemical Company, LyondellBasell Industries, and INEOS Olefins and Polymers – currently offer large plant capacities and hold a strong distribution chain in key consumption regions.

According to a new publication by Transparency Market Research, the degree of competition in the global market of high density polyethylene is expected to remain high over the coming years. The small number of players that currently hold a global and regional prominence in HDPE production are vying to increase their plant capacities.

The threat of new entrants is expected to remain low till 2023, owing to the very challenging aspect of procuring raw materials for producing high density polyethylene. Additionally, the high capital required to set up the technically intensive production plants also deter many entities from entering this market.

Download And Get FREE Sample PDF File Of High Density Polyethylene Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5948

In terms of revenue, the global market for high density polyethylene is expected to progress at a CAGR of 4.5% within a forecast period from 2015 to 2023. By the end of 2016, this revenue is expected to reach US$62.8 bn by the end of 2016 and US$84.79 bn by 2023. In terms of volume, the global market for high density polyethylene is expected to progress at a CAGR of 4.2% from 2015 to 2023.

Blow molding has been a consistently popular method of producing high density polyethylene. By the end of 2023, this segment will take up 29.1% of the global HDPE volume.

APAC Dominance in High Density Polyethylene Consumption Continues

Asia Pacific has been the top consumer of high density polyethylene over the recent past, owing to a fast-growing economy and the rise of consumerist trends. By the end of 2023, nearly 46.8% of the global volume of high density polyethylene will be taken up by Asia Pacific.

Packaging and agriculture have dominated the demand for high density polyethylene over the years. Till 2023, the leading demand for high density polyethylene is expected to be derived from the packaging industry, which will take up 31.2% of the global HDPE volume by then.

Growth in Packaging and Agriculture Industries Lead to Increase in HDPE Demand

“Nearly 30% of the various materials used in packaging is high density polyethylene,” states a TMR analyst. “This is a massive chunk of the global high density polyethylene production that is taken up by the packaging industry. Current trends in consumer goods and food and beverage industries are pointing towards a surge in consumption rates, further increasing the demand for high density polyethylene. Rigid plastic packaging and aesthetic qualities hold top priority in these industries, and therefore need HDPE to provide the same,” the analyst adds.

Similar growth rates can be seen in the agriculture industry, where high density polyethylene is used to manufacture high quality sheets and tarpaulins. These sheets offer great protective properties, especially against UV rays and different weather conditions. Therefore, the currently high growth rate of the agriculture industry is a direct driver of the demand for high density polyethylene.

Raw Material Cost Volatility Deters HDPE Producers

The raw materials required to produce high density polyethylene come from crude oil, which holds one of the more unpredictable rates of production and consumption. Any fluctuations in the costs of crude oil will directly reflect in all its downstream activities, including the production of HDPE.


This will continue to hamper the steady and healthy growth rate of HDPE producers in the coming years. The sheer difficulty for small-scale producers to procure crude oil raw materials is also enough to keep a large number of entities from entering HDPE production.

The TMR analyst states, “Instead of depending on crude oil for raw materials, HDPE producers can look towards developments in bio-based HDPE, which can be produced from sugarcane-based ethanol rather than the petroleum-based ethylene.”

The information presented in this review is based on a Transparency Market Research report, titled, “High Density Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaways:
  • Blow molding requirement of high density polyethylene estimated to generate US$23.6 bn by 2023.
  • The HDPE demand from the packaging industry is estimated to value US$25.2 bn by 2023.
  • The HDPE demand from Asia Pacific is projected to reach US$36.4 bn by 2023.
Key segments of the Global High Density Polyethylene Market

Global High Density Polyethylene Market, by Product Segment
  • Blow molding
  • Pipe and extrusion
  • Film & sheet
  • Injection molding
  • Others (including rotomolding, etc.)
Global High Density Polyethylene Market, by Application Segment
  • Agriculture
  • Building & Construction
  • Automotive
  • Packaging
  • Others (including industrial, etc.)
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.