Friday, 7 February 2014

Transparency Market Research is Published new Market Report Methyl Ethyl Ketone Market for Paints & Coatings, Printing Inks and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" which observes that the revenue generated by MEK (methyl ethyl ketone) market was USD 2,254.1 million in 2012 and is expected to reach USD 3,064.5 million by 2019, growing at a CAGR of 4.5% from 2013 to 2019. The global demand for MEK was 1,180.6 kilo tons in 2012.

MEK is an organic compound mainly used as solvents in several applications such as paints and coatings, printing inks, adhesive for PVC pipes, ingredient in rubber based industrial cements, resins thinners, cleanup applications, as lacquers and solvents in pharmaceuticals among others. MEK peroxides are also used as catalyst in polymerization of polyester resins. Global demand for MEK is mainly driven by rising demand for paints and coatings from automobile, infrastructure and furniture industries.

Paints and coatings accounted for about 56% of the total market share of MEK in 2012. Paints and coatings are widely consumed by automobiles and construction industries. Moreover, the automotive and construction markets are recovering rapidly which is anticipated to act as a driver for the growth in the MEK market. Printing inks segment is also an important market for MEK and is expected to show the fastest growth over the forecasted period. Apart from these applications, MEK solvents are used in the pharmaceutical industry as extractor and as a catalyst for certain reactions, thus the growing pharmaceutical industry is expected to drive the global MEK market in the next few years. In addition, the number of applications for MEK is rising due to increasing living standards, industrial growth and technological advancements. Thus the rising number of MEK applications can turn out to be a key growth driver in the future.

The global MEK market is dominated by Asia Pacific, which accounted for over 50% of the global volumes consumed in 2012. Growth of MEK market in Asia Pacific is mainly driven by the rising consumption from the automobile and infrastructure industry in China, India and Japan. Asia Pacific was followed by North America with over 18.8% share in total volume consumption. The key players in the MEK market are ExxonMobil Chemical, Maruzen Petrochemical Co. Ltd., Zibo Qixiang Petrochemical Industry Group Co. Ltd., Arkema S.A., Sasol Solvents, Shell Chemicals, SK Energy Co. Ltd., PetroChina Lanzhou Petrochemicals, and Idemitsu Kosan Co. Ltd. among others.


Paints and coatings applications segment was the largest market segment of MEK in 2012. The paints and coatings segment of the MEK market generated revenue of USD 1,223.0million in 2012.The rapidly growing infrastructure sector especially in developing nations is driving the paints and coatings market, which in turn is expected to fuel the demand for MEK in the next few years. Printing inks, plastics and textilesarethe other major application segments ofMEK.The demand for printing inks is likely to grow due to the rising demand from publishingand packaging industries among others. The increasing number of applications of MEK such as adhesives for PVC pipes, rubber based cements, resins thinners, lacquers in furniture industryand extraction solvent for pharmaceuticals among others, is expected to drive the MEK market in future.

Asia Pacific represents the largest and the most important market for the MEK industry.TheMEKmarket in Asia Pacificis mainly driven by robust growth in the paints and coatings marketdue to heavy consumption from manufacturing and construction industries. North America is the second largest market for MEK followed by Europe and RoW. Due to the growing automobile and infrastructure industries in India and China, Asia Pacific is expected to be the key market for MEK in the future.

The increasing number of industrial applications is also expected to drive the MEK demand throughout the forecast period. The growth of the MEK market is expected to be limited by certain factors such as the health issues associated with use of MEK, the volatility in raw material prices, as well as the growing demand for its substitutes. There are certain other factors such as growing environmental concerns and strict governmental regulations that are secondary challenges for the growth of the MEK market.ExxonMobil Chemical, Maruzen Petrochemical Co. Ltd., Zibo QixiangPetrochemical Industry Group Co. Ltd., Arkema S.A., Sasol Solvents, Shell Chemicals, SK Energy Co. Ltd., PetroChina Lanzhou Petrochemicals, and Idemitsu Kosan Co. Ltd. are some of the key producers of MEK.


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Thursday, 6 February 2014


Transparency Market Research is Published new Market Report Biofertilizers (Nitrogen Fixing, Phosphate Solubilizing and Others) Market for Seed Treatment and Soil Treatment Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global demand for biofertilizers was valued at USD 440.0 million in 2012 and is expected to reach USD 1,028.7 million in 2019, growing at a CAGR of 13.0 % from 2013 to 2019.

Factors such as growth of theorganic food industry, support and promotion by government agencies and regulatory bodies for manufacturing biofertilizers and various environmental hazards associated with chemical fertilizers are expected to drive the demand for biofertilizers within the forecast period. The ill effects caused as a result of excessive use of chemical fertilizers have been one of the major drivers for the growth of bio-based plant treatment. However, certain sedative effects of biofertilizers over chemical fertilizers coupled with low adoption of biofertilizers by the farmers are expected to hamper the growth of the market. Huge potential for biofertilizers to grow in emerging economies such as China is expected to provide new opportunities to the biofertilizer industry.

Nitrogen fixing biofertilizers were the most widely used biofertilizers accounting for over 78% of the global demand in 2012. Demand for this product has been majorly due to its ecologically sound route for increasing nutrient supply coupled with increasing consumption for leguminous and non-leguminous plant products. However, phosphate solubilizing biofertilizers are expected to show the fastest growth over the next few years owing to their increasing use in agriculture as a cost-effective and eco-friendly multifunctional bio control agent.

Seed treatment accounted as the largest application segment for biofertilizers and the market for this segment was valued at USD 316.5 million in 2012. Growing restrictions on use of chemical pesticides hampering seed growth and the environmental hazards caused due to the use of chemicals in pesticides has led to a shift towards eco-friendly seed treatment methods such as biofertilizers. In addition, the demand for bio based soil treatments owing to increasing environmental concern is also expected to grow significantly over the next few years.

North America dominated the biofertilizers market in 2012 followed by Rest of the Worldon account of the growing demand for organic food coupled with the rising trend forconsumption of genetically modified (GM) crops in farming. Asia Pacific is expected to witness the highest growth within the forecast period on account ofincreasing awareness among the population generated by government support. The rate of production of biofertilizers in the region is expected to increase significantly owing to favorable strategies planned by government and increasing population. The demand for biofertilizers in Asia Pacific is expected to grow at a CAGR of 13.3% from 2013 to 2019, on account of the above mentioned factors.

Browse Biofertilizers Market Report with Full TOC at http://www.transparencymarketresearch.com/biofertilizers-market.html

The report gives a comprehensive view of the biofertilizer market in terms of volume and revenue. In addition, the report includes current demand analysis and forecast for each product and application in North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments:

Biofertilizer Market: Product Segment Analysis
·         Nitrogen fixing
·         Phosphate solubilizing
·         Others (Potacium, urea, etc.)

Biofertilizer Market: Application Analysis
·         Seed treatment
·         Soil treatment

Biofertilizer Market: Regional Analysis
·         North America
·         Europe
·         Asia-Pacific
·         Rest of the World




Friday, 13 December 2013


Transparency Market Research is Published new Market Report “Fermentation Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" which observes that the revenue generated by fermentation chemicals market was USD 41,567.7 million in 2012 and is expected to reach USD 60,123.9 million by 2019, growing at a CAGR of 5.4% from 2013 to 2019. The global demand for fermentation chemicals was 48,708.3 kilo tons in 2012.

Browse the full report with complete TOC at http://www.transparencymarketresearch.com/fermentation-chemicals.html

Fermentation chemicals are mainly employed as process initiators in the manufacturing of wide variety of chemicals. Industrial applications market is the largest application area for fermentation chemicals followed by the food and beverages market. However, nutritional and pharmaceutical, plastics and fibers are fast growing applications of fermentation chemicals and are expected to gain a significant market share over the next six years. Fermentation chemicals are mainly used as alcohols, enzymes and organic acids. The strong global demand for alcohols is the major driver for the growing consumption of fermentation chemicals. Fermentation chemicals market is expected to grow at a CAGR of 4.3% from 2013 to 2019.

The industrial applications segment dominates the demand for fermentation chemicals and accounted for 47.1% of the global demand in 2012. Growing pharmaceuticals market in the U.S. and rising consumption of alcohol across the globe were the major growth drivers for fermentation chemicals. Another important market for fermentation chemicals is food and beverages industry, which accounted for 20.4% share of the total fermentation chemicals volume consumed in 2012. The growing demand for alcohols, enzymes and organic acids in the food and beverages, nutritional and pharmaceutical industries is expected to drive the global fermentation chemicals market in the next six years.

The global fermentation chemicals market is dominated by North America, which accounted for 33.9% of global volumes consumed in 2012. Growth of fermentation chemicals market in North America is principally driven by the rising consumption from the pharmaceutical and food and beverages industry in the U.S. North America was followed by Asia Pacific with 27.1% share in total volume consumption. The saturation in the North American and European market has led the major player players to focus on the highly attractive Asia Pacific market. The key players in the fermentation chemicals market are Ajinomoto Company Incorporation, BASF SE, Dow Chemical Company, Novozymes A/S, Cargill Incorporation, Evonik Industries and Du Pont Danisco A/S among others.
Fermentation Chemicals Market - Product Segment Analysis:
  • Alcohols
  • Enzymes
  • Organic Acids
  • Others
Fermentation Chemicals Market - Application Segment Analysis:
  • Industrial Applications
  • Food and Beverages
  • Nutritional and Pharmaceutical
  • Plastics and Fibers
  • Others
Fermentation Chemicals Market - Regional Analysis:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the world


Tuesday, 10 December 2013


Transparency Market Research is Published new Market Report “Industrial Protective Clothing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," that defines and segments the global industrial protective clothing market with analysis and forecast of the global revenues. This report observes that the revenue generated by industrial protective clothing was USD 1.7 billion in 2012 and is expected to reach USD 3.5 billion by 2019 and is anticipated to grow at a CAGR of 11.5% between 2013 to 2019.


Key application segments analyzed in this industry include flame retardant apparel, chemical defending garments, clean room clothing and limited-uses general purpose clothing amongst others. Chemical defending garments were the largest segment and accounted for about 34% of the market share in 2012. This is a mature segment and nevertheless is expected to record healthy growth numbers by 2019. Clean room clothing is expected to be the fastest growing segment as the demand for these products is growing with the development of the pharmaceutical and food industries. Fire retardant apparel is expected to record healthy growth owing to favoring regulations by government organizations. The market shares for flame retardant apparels and clean room clothing are expected to increase, declining market shares for the rest of the others.

North America dominated the global market for industrial protective clothing in 2012. With over 51% global market share in terms of revenues, North America is the leading market in industrial protective clothing. Europe accounted for approximately 23% of the total revenue share in 2012. The global industrial protective clothing market has started experiencing favorable government regulations which have driven the growth in several regions and is expected to drive the growth in Asia Pacific and between 2013 and 2019.

The top four companies, Kimberly-Clark, Honeywell Safety Products, Ansell Protective Solutions and Mine Safety Appliances Company are expected to dominate the market for industrial protective clothing and these companies accounted for over 16% of the market share in 2012. Other companies such as SIOEN Industries NV, Lakeland Industries, Workrite Uniform Company, Inc.and others are some of the other important players in the industrial protective clothing market.

Industrial Protective Clothing Market: Application Analysis
  • Flame retardant apparel
  • Chemical defending garments
  • Clean room clothing
  • Others (Limited-use general clothing, etc.)

Industrial Protective Clothing Market: Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

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Wednesday, 4 December 2013

Transparency Market Research is Published new Market Report “Geotextiles and Geogrids Market in UAE and GCC - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019," the GCC (excluding UAE) geogrids market was valued at USD 83.3 million in 2012 and is expected to reach USD 182.5 million by 2019, growing at a CAGR of 11.6% from 2013 to 2019. In terms of volume, the demand was 24.5 million square meters in 2012 and is expected to reach 41.5 million square meters by 2019, growing at a CAGR of 7.7% from 2013 to 2019. The UAE geogrids market was valued at USD 15.1 million in 2012 and is expected to reach USD 32.9 million by 2019, growing at a CAGR of 11.8% from 2013 to 2019. In terms of volume, the demand was 4.2 million square meters in 2012 and is expected to be 7.0 million square meters by 2019, growing at a CAGR of 7.5% from 2013 to 2019.


The GCC (excluding UAE) geotextile market was valued at USD 101.2 million in 2012 and is expected to be USD 200.5 million by 2019, growing at a CAGR of 10.3% from 2013 to 2019. In terms of volume, the demand was 52.0 million square meters in 2012 and is expected to be 86.8 million square meters by 2019, growing at a CAGR of 7.6% from 2013 to 2019. The UAE geotextile market was valued at USD 27.8 million in 2012 and is expected to be USD 52.2 million by 2019, growing at a CAGR of 9.4% from 2013 to 2019. In terms of volume, the market was 13.5 million square meters in 2012 and is expected to be 22.0 million square meters by 2019, growing at a CAGR of 7.3% from 2013 to 2019.

Geogrids and geotextiles are often used together to perform various functions, such as soil reinforcement, separation, drainage, filtration and protection. Implementation of the mega-project, "Gulf Railway" which is to connect all the countries present in the Gulf Cooperation Council by 2017, is expected to be one of the primary factors driving the demand for geotextiles and geogrids. In addition, gigantic road development projects are expected to play a significant role in the growth of the market within the forecast period, due to the sandy terrain of the region and focus of the various governments on infrastructural development. However, fluctuating costs of key raw materials, such as polypropylene and polyester on account of depleting petroleum reserves is expected to hamper the growth of the market over the next few years. Rising consumer awareness regarding advantages of natural geotextiles is expected to open new opportunities for the growth of the market over the next few years.

Nonwovens were the largest product type within the geotextile market segment and accounted for over 65% of the market share in 2012 due to its extensive use in drainage sub-systems and road construction. Increasing infrastructural activities in GCC countries, particularly road and drainage systems, is expected to drive the demand for nonwoven geotextiles over the next few years. It is expected to witness the fastest growth in this region within the forecast period.

Road construction and erosion control were the largest application segments of geotextiles in GCC (including UAE), accounting for over 60% of the market share in 2012. Erosion control is expected to be the fastest growing segment within the forecast period on account of growing infrastructure development such as roads, drainage systems and commercial and non-commercial construction. Demand for geotextiles in erosion control in UAE is expected to grow at a CAGR of 7.9% from 2013 to 2019.

Within the geogrids market segment, roadways were the largest application segment in 2012 in GCC and UAE. Geogrids are also being increasingly used in landscaping as they help in soil reinforcement. Road construction and landscaping are expected to witness the fastest growth over the next few years on account of increased construction activities such as expansion of airports, residential restructuring and development of commercial complexes. Demand for geogrids for application landscaping in GCC (excluding UAE) is expected to be 10,910.6 thousand square meters by 2019.

The report gives a comprehensive view of the geotextiles and geogrids market in terms of volume and revenue for GCC (excluding UAE) and UAE. The report comprises of the following segments:

Geotextiles Market: Product Segment Analysis

  • Nonwoven
  • Woven
  • Knitted
Geotextiles Market: Application Analysis

  • Road construction
  • Drainage
  • Erosion control
  • Others (Landfills)
Geogrids Market: Application Analysis

  • Roadways
  • Landscaping
  • Others
The report provides a cross-sectional analysis of the geogrids market for the application segments mentioned above with respect to the following regions:

  • Gulf Cooperation Council (excluding UAE)
  • United Arab Emirates


Sunday, 6 October 2013

Dimethyl Ether is clean, liquefied, colourless gas produced by dehydration of methanol. Dimethyl Ether is also called as wood ether or methyl ether. It exhibit properties similar to liquid petroleum gas (LPG) or natural gas (NG), and hence can be used as an alternative for fire and transportation fuel. It is also used as propellant in consumer products which include domains such as household products, personal health care products (hairspray,foam shaving cream, antiperspirant, etc.), insect control and various other applications. 


DME production as well as consumption has been dominated by China. Chemrec, a Sweden based company has stared a new bio-based DME manufacturing facility. DME has been emerged as a potential alternative traditional resources of fuels.DME is most predominantly used in diesel engine as an alternative fuel. Growing demand for energy across the world is expected to be the major growth engine for DME market. To reduce the dependence on increased consumption of natural resource DME being ecofriendly in nature can be intensively used by automobile industries. DME can also be used to solve environmental conservation problem. 

Leading automobile industry giants such as Renault and Volvo have developed DME based fuel engine for buses. Major restraint of this market is developing process technologies being used. Due to lower viscocity and lubricity than diesel DME needs purpose built fuel injection systems. Hence very few vehicle test have being performed on DME based fuel engine. The durability and performance of DME fuel injection systems is major concern for the end users and is expected to be the major restraining force for DME market. Design of fuel injection system for DME is problematic due to problems created by chemical properties .Hence future work would include development of electronic fuel injection system for DME. One of the major hurdle for DME as transportation fuel is cost involved in investment and setup of distribution infrastructure.

Some of the major companies that develop DME as alternative to transportation fuel are Haldor Topsoe, Amoco, Aveflor, Toyo Engineering Corporation, Jiutai Energy (Zhangjiagang) Co., Ltd.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

About Us:

Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.

TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.

Contact Us:

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Tuesday, 24 September 2013

Benzene is a colorless chemical having a sweet odor and a boiling point of 80 degree Celsius. It is mainly used as an industrial solvent and a gasoline additive. Xylene is also sweet smelling, flammable and colorless in nature. It is used as a solvent in printing, leather and rubber industries. It is also used to clean wafers and chips. Toluene is a byproduct of formation of gasoline and coke-fuel from coal. It is used in various industries like coatings, petrochemicals, petroleum and colorants. The global market for benzene and xylene had been hit by recession in 2009, which is recovering gradually. The toluene market has been on a steady growth curve for the past ten years.  


The global market for benzene, xylene, and toluene is expected to grow steadily for the next few years. The healthy growth of the toluene market can be dedicated primarily to certain factors like increasing demand for pesticides, pharmaceuticals, paints and for laboratory purposes to produce benzene. The global expansion of the xylene market is driven by the huge demand for polyester fibers in China, partly due to the shortage in production of cotton fibers. 

The factors for the growth of the benzene market worldwide are the recovering demand of SBR and polycarbonates in automotive markets and the growing construction industry in developing countries. However, weakened carpet demand has been a hindrance to the xylene market. The major constraints faced by the toluene and benzene markets are government regulations which have been put in place to offset the risks that these markets pose to the environment and human health due to their toxic nature. 

The global market for benzene, xylene and toluene seems to be highly fragmented with the U.S. in the driving seat. Asia-Pacific is projected to be the fastest growing global exporter with South Korea leading the pack. Some of the key players include BP, Chevron, Exxon Mobil, China National Petroleum Corp. (CNPC), Formosa Plastics Group (FPG), ConocoPhillips, JX Holdings, Flint Hills Resources, the Ineos Group, Saudi Basic Industries Corp. (SABIC), DOW Chemicals, Royal Dutch Shell, SINOPEC, LG Chem. Ltd., and Lotte Chemical.  

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
More reports on Chemicals & Materials market: 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

About Us:

Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.

TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.

Contact Us:

CORPORATE OFFICE:
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030

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