Helium Market Analysis, Development, Growth and Demand Forecast to 2022 by P&S Market Research

The global helium market is witnessing growth, due to the increased research and development activities and high demand for helium in healthcare and welding industry. Among the various applications, the cryogenics segment held the largest share in the global helium market in 2015, and it is anticipated to retain its dominance during the forecast period, due to the high demand of liquid helium in magnetic resonance imaging (MRI) equipment. Liquid helium is utilized to cool the magnets in MRI machine. Similarly, the consumption of helium was largest in healthcare industry in 2015. Based on distribution models, the packaged segment accounted for the largest share in the global helium market and it is anticipated to retain its dominance during the forecast period. Helium is generally distributed to the end-users in form of compressed gas in metal cylinders.

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The usage of helium as cryogenic coolant in defense research is creating ample growth opportunities for the global helium market. Moreover, liquid helium is also being utilized for studying the atomic structure and behavior of subatomic particles in quantum mechanics. Therefore, there are ample revenue generation opportunities for the producers of helium. However, stringent regulatory requirements, complexities and cost associated with the storage, transportation and distribution of liquid helium or gas, and safety concerns are the key challenges for the growth of the global helium market.

Helium is a colorless, odorless, non-corrosive, non-toxic and non-combustible gas mainly produced or sourced from natural gas wells. Helium is one of the most vital industrial gases having several applications. Helium has the lowest boiling point of all the gases (-269oC), therefore, liquid helium is the coldest matter. Liquid helium has applications as coolants in nuclear magnetic resonance (NMR) and MRI equipment. Moreover, helium has several applications in different industries. It creates inert shield for protection of weld zone. It is used to pressurize rocket fuel and purge chemical vapors. It is mixed with oxygen to create breathing mixture for divers; used for leakage detection; and used for controlled atmosphere.

Geographically, North America held the largest share in the global helium market, owing to the high demand for cryogenic application, and increasing domestic chemical and allied product shipments in the U.S. Helium is required to purge the chemicals vapors; therefore, the increasing domestic chemical and allied products shipment is creating demand for helium in the U.S. Moreover, the increasing production of aerospace production would aid the requirement for helium to pressurize and purge liquid hydrogen fuel system. In addition, the growth of the European helium market is attributed to the increasing demand for helium in automobile, construction, healthcare, transport and mining industry. Asia-Pacific is predicted to be the fastest growing market for helium during 2016 – 2022. The major reasons behind the fastest growth of the region are the increasing usage of helium in semiconductor and electronics industry and high demand for helium in welding application. Helium is used to protect weld zone from the atmosphere, creating an inert shield around it. Gas tungsten arc welding and gas metal arc welding are the major welding processes utilizing helium gas.

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The key players operating in the global helium market include Airgas Inc., Air Liquide, Linde AG, Messer Group, Praxair Inc., Polish Oil and Gas Company, Iwatani Corporation, Exxon Mobil Corporation, Matheson Tri-Gas, ONEOK Inc., RasGas Company Limited, and Qatargas Operating Company Limited.

GLOBAL HELIUM MARKET SEGMENTATION:

By Application

  • Cryogenics
  • Pressurizing and Purging
  • Controlled Atmosphere
  • Welding
  • Leak Detection
  • Breathing Mixture
  • Other

By End-Use

  • Healthcare
  • Transportation
  • General Industries
  • Electronics and Semiconductors
  • Aerostatics

By Mode of Distribution

  • Packaged
  • Merchant
  • On-site

GEOGRAPHICAL SEGMENTATION

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

 

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

 

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m-Xylene (Meta-xylene) Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research

The global meta-xylene market is driven by the increased demand for meta-xylene in the emerging economies of Asia-Pacific and Latin America. Isophthalic acid, one of the major end-products of meta-xylene, is used extensively in the plastics and painting sectors. The rapid growth in the infrastructure development in India, China, Brazil, United Arab Emirates (UAE), coupled with the availability of low cost raw material and cheap labour is expected to boost the m-Xylene market during the forecast period. Availability of efficient and advanced aromatic recovery processes to obtain high-purity of meta-xylene is one of the major trends in the global meta-xylene (m-Xylene) market.

Xylene is a volatile liquid hydrocarbon obtained from wood distillation, tar, coal or petroleum. It is used widely as fuels, solvents and in chemical synthesis. Meta-xylene or m-Xylene is an isomer of ortho-xylene and para-xylene. It is an aromatic hydrocarbon, based on benzene with two methyl substituents attached at the meta position of benzene.

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1,3-Dimethylbenzene, 1,3-Xylene, m-Xylol,  m-Dimethylbenzene are the various chemical names of meta-xylene. The aromatic hydrocarbon is produced by a catalyst, in processes such as, moving bed adsorption and adsorptive separation and crystallization. It is used for various commercial applications, most notably for the production of isophthalic acid (IPA) which is used as a raw material for the production of various chemicals, plastics and paints. Meta-xylene (1, 3-dimethylbenzene) is consumed primarily for the production of isophthalic acid. It is separated from the mixed xylene stream that results from the refining of crude oil. Meta-xylene is used as solvent; intermediate for organic synthesis and dyes. It is also used to make coatings, plastics, outboard motors, industrial cooling fans, dyes, fibreglass, auto bodies, and vaulting poles.

Crystallization and simulated moving bed adsorption are some of the advanced recovery processes that help the recovery of meta-xylene from mixed xylene feedstocks. These processes offer several different advantages such as obtaining meta-xylene (m-Xylene) with high purity (99.5%, approximately), use of carbon steel metallurgy requirement for less equipment, high on-stream factor for reliable operation and extended adsorbent life up to 10 years.

On the basis of various applications of meta-xylene, the global meta-xylene (m-Xylene) market can be divided into two segments isophthalic acid (IPA), printing ink, agrochemicals, and others. Isophthalic acid is a crystalline colourless solid. It is used as an intermediate mainly for polyester and alkyd coating resins and unsaturated polyester resins. Use of IPA in aramid fibers as a component of copolyester resins and in high-temperature polymers are some of the other applications of isophthalic acid.

Lack of diversification in end use of meta-xylene is a major challenge for the expansion of meta-xylene market in recent years. The concern over the impact of non-degradable plastic on landfill and environment has led to significant increase in the demand for green and biodegradable packaging solution such as bio-plastics. Further meta-xylene is very harmful chemical and has many health hazards associated with it. It causes harm to aquatic organisms and is may cause lung cancer if swallowed or consumed.

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Some of the major competitors in the m-Xylene (meta-xylene) market are Bp Plc, Perstorp Holding AB, UOP LLC, Chevron Corporation, and Eastman Chemical Company. Some of the other prominent competitors are JX Nippon Oil & Energy Corporation, ConocoPhillips Company, Phillips 66 Company and Shell Chemicals LTD.

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Caprolactam Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research

The use of caprolactam in nylon 6 resin production employed in engineering plastics and electronic applications is anticipated to experience major growth in the market over the next few years. The tire cables made from nylon 6 fiber offer superior wear resistance and high strength characteristics due to which demand for the caprolactam market is estimated to rise in the forecast period.

Caprolactam (CPL) is manufactured by the synthesis of phenol or cyclohexane., The colourless solid is a cyclic amide or a lactam of caproic acid. Caprolactam is the predecessor to nylon 6, an extensively used synthetic polymer. Almost all caprolactam produced goes into the manufacture of nylon-6 and is the key raw material for nylon 6. In water, caprolactam hydrolyses to amino caproic acid, which is used medicinally. Caprolactam is an important polymer having a wide range of applications across different industries.

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Caprolactam is used to produce nylon 6 fibers and resins that are used widely in various applications. Owing to the superior chemical as well as physical characteristics of caprolactam such as light weight and high tensile strength, nylon 6 fibers have become materials of choice in various textile and carpets application. As nylon 6 fibers offer great tensile strength, durability and fatigue resistance, they are used in making tire cords. The resistance of nylon 6 to oils and greases has further extended its use in engine covers, gears and bearings.

By product segment type, the global caprolactam market can be divided into applications of nylon 6 fibre and nylon 6 resins. On the basis of applications of nylon 6 resins, the global caprolactam market can be divided into engineering plastics, packaging, electronics and others (lysine synthesis, composites and musical strings). Based on applications of nylon 6 fibre, the global caprolactam market can be categorised into textile, industrial, carpet, machinery, E&E, automotive, film and coating, consumer goods, appliances, wire and cable, and others.

Upcoming investments and expansions is a major trend in the caprolactam market. Caprolactam is increasingly replacing metals in automotive applications such as air intake manifolds in nylon 6 resin. Hence, in terms of research and development, the manufacturing associations, companies and end-product manufacturers impart high investments for future expansions and technology modifications of caprolactam. The need to improve the standard of processing and manufacturing of end-products is one of the major drivers of the caprolactam market. As the automobile industry continues to grow, it is expected to drive the industrial yarns market in the coming years, which in turn is driving the market for caprolactam. Further, caprolactam is expected to drive the future market growth with increased demand of nylon 6 polymers in apparels, swimwear, sportswear, and fashion wear. Various minor metal components have been replaced by nylon 6 resin for weight reduction. Looking forward, the increase in demand and production of automobiles is expected to be a major market driver for nylon 6 resin and subsequently the caprolactam market.

Unstable raw material prices and concentration of demand of caprolactam in few countries are the key challenges for caprolactam market. Asia-Pacific holds the leading caprolactam capacity, with Europe and North America also having large volumes of caprolactam. Country-wise, China, the U.S, Belgium, Taiwan and Russia have the largest capacities.

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DSM, Honeywell, Ube Industries, BASF SE and Capro Corporation are some of the major competitors in the caprolactam market. Other competitors in the global caprolactam market are China Petrochemical Development Corporation, Azot Cherkassy, Braskem, Domo Caproleuna GmbH, DSM, GSFC Ltd , Shandong Haili Chemical Industry Co. Ltd., Sumitomo Chemical, Lanxess, DSM, Toray Industries, Univex Corp. and many more.

 

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P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication.  Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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Benzaldehyde Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research

The increasing use of benzaldehyde in aroma chemicals and agrochemicals industries is propelling the growth of the global benzaldehyde market. The growing economy of Asia and Latin America is one of the important factors supporting the growth of the aroma chemicals industry. The large and emerging domestic market of India is fuelling the growth of the aroma chemicals market in Asia. Moreover, the growing demand for personal care products, household care products, and foods is expected to boost the demand for aroma chemicals, which is indirectly increasing the demand for benzaldehyde. However, volatility in crude oil prices and regulatory issues are expected to restrain the growth of the global benzaldehyde market.

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Benzaldehyde is a chemical and color aldehyde having almond odor. Benzaldehyde can be produced by oxidation of toluene, or treating benzal chloride with an alkali such as sodium hydroxide. The most widely accepted process for extracting synthetic benzaldehyde is air oxidation of toluene. The air oxidation process can be facilitated by two methods that include vapor-phase oxidation process, and liquid-phase oxidation process. In the past, the vapor-phase oxidation process was used to extract benzaldehyde. Currently the liquid-phase oxidation process is widely used, while the process was introduced in 1950s by The Dow Chemical Company. Benzaldehyde is naturally found in various foods, such as cherries, apricot, peach pits, and almonds. In the chemical industries, it is widely used for the production of perfumes, mandelic acids, and dyes. In the cosmetics industry, it is used as a denaturant, as a fragrance, and flavoring agent. It can also be used as a solvent for oils, resins, cellulose ethers, cellulose acetate, and nitrate. The increasing demand for benzaldehyde products in the end-user industries such as dyes, coatings, pharmaceuticals, aroma chemicals, agriculture, and others is expected to drive the growth of the global benzaldehyde market.

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Based on application, the global benzaldehyde market can be segmented into agrochemicals, pharmaceuticals, aroma chemicals, cosmetics, dyes, and others. The major applications areas of benzaldehyde are agrochemicals and aroma chemicals. Aroma chemicals accounted for the largest share in the application segment of the global benzaldehyde market during 2014. The major factor supporting the growth in market share of the aroma chemicals segment is the unique properties of benzaldehyde, such as artificial cherry and almond flavors. The agrochemical accounted for the second-largest market share in the application segment of the global benzaldehyde market in 2014. The major factor driving the growth in demand for benzaldehyde in the agrochemicals segment is the increasing use of benzaldehyde in various pesticides and herbicides. Other application segments such as dyes, cosmetics, and pharmaceuticals are expected to generate higher demand for benzaldehyde, during the forecast period. The leading cosmetic companies, such as L’Oreal Group (France), Avon Products Inc. (the U.S.), The Estée Lauder Companies Inc. (the U.S.), and Oriflame Cosmetics (Luxembourg) are continuously introducing new variants, which is increasing the growth of the cosmetics industry. It is also expected to provide opportunities for the growth of the global benzaldehyde market. In the beauty products segment, the market share of premium cosmetics is growing at the fastest pace. This in turn, is expected to drive the growth of the global benzaldehyde market.

Geographically, Asia-Pacific is the largest market for benzaldehyde, followed by Europe and North America. During the forecast period, the Asia-Pacific benzaldehyde market is expected to grow with the fastest rate, owing to large consumption base, and growth of various end-user industries. China, Japan, and India are expected to dominate the benzaldehyde market in Asia-Pacific.

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Some of the major competitors in the benzaldehyde market include Kadillac Chemicals Private Limited, Shimmer Chemicals Pvt. Ltd., Emerald Performance Materials LLC, Gujarat Alkalies and Chemicals Limited (GACL), Haihang Industry Co. Ltd., Nantong Tianshi Chemical Co. Ltd., Jiangsu Jiamai Chemical Co. Ltd., Shenyang Huijinfengda Chemical Co. Ltd., Chematek S.p.A., Wuhan Dico Chemical Co. Ltd., Lianyungang Taile Chemical Industry Co. Ltd., and Merck KGaA.

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P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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Sodium Hydrosulfite Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research

Some of the drivers behind the growing demand of global sodium hydrosulfite include increasing demand from textile industry, and rapid upsurge in demand for paper products in Asia-Pacific. Some of the major factors driving the growth of the textile market are increasing consumer confidence, increasing level of disposable income, and increasing shopper’s eagerness to keep up with the latest fashion trends.

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With the low effect of economic recession and increasing disposable income, the consumer is able to spend more on apparels. Thus, the increase in confidence level of consumer allows them to spend money easily on apparels, which is indirectly expected to drive the growth of the global sodium hydrosulfite market. The major challenge hampering the growth of the global sodium hydrosulfite market is the declining production capacity of paper and paper board industry in North America and Europe. The application in beautifying agents, especially hair care items, and kaolin bleaching is expected to acts as opportunity for the growth of the global sodium hydrosulfite market during the forecast period.

Sodium hydrosulfite is colorless or yellow colored crystal that is denoted by a formula NaHS. Sodium hydrosulfite is usually known as sodium dithionite. It is steady under typical conditions and breaks down after coming in contact with acidic element/compound or hot water. Sodium hydrosulfite is made by distinctive procedures, such as, zinc dust process, amalgam procedure, and formate process. These three procedures are basically used to produce sodium hydrosulfite. In addition, zinc dust and amalgam procedures accounted for around 80% of the worldwide production in 2014. Sodium hydrosulfite offers diminishing properties in acidic medium and warmed climate. Sodium hydrosulfite is mostly used for bleaching purposes in textile processing, mineral ore flotation, paper and pulp industry, and food additives. However, it is commonly used in textile and wood pulp bleaching application.

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The global sodium hydrosulfite market can be segmented on the basis of applications. On the basis of applications, the sodium hydrosulfite market can be segmented into textile, mineral ore flotation, wood pulp bleaching, and others. The ‘others’ section of sodium hydrosulfite applications include industries, such as kaolin bleaching, cosmetics, among others. The major applications areas of sodium hydrosulfite are textile and wood pulp bleaching. The textile industry accounted for the largest market share in the application segment of the global sodium hydrosulfite market in 2014. The increasing demand for textile products such as clothing has increased around the globe, which is driving the growth of the global sodium hydrosulfite market.  Wood pulp bleaching is the second largest application segment in the global sodium hydrosulfite market, after the textile segment.

Geographically, Asia-Pacific is the largest market for sodium hydrosulfite, followed by North America and Europe. During the forecast period, the Asia-Pacific sodium hydrosulfite market is expected to grow at the fastest rate, which is driven by major textile producing countries, such as China. Other major textile producing countries such as India, Japan, and Bangladesh account for notable share. The market share of North America and Europe is expected to decline in the near future, owing to the slow growth of paper industry in these regions. The major factor behind the decline of paper industry in North America and Europe is the rapid global digitalization.

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Some of the major competitors in the global sodium hydrosulfite market include BASF SE, Montgomery Chemicals, Chemtrade Logistics Inc., Guangdong ZhongCheng Chemicals Inc. Ltd, Bruggemann Chemical, Jinhe Group, AZ Chemicals Inc., TCP Limited, Mitsubisi Gas Chemical Company Inc., and Royce International Corp.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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Antimicrobial Coatings Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research

The antimicrobial coatings market is growing due to expansion of the global medical device coatings market, and increasing application of coatings and additives in plastic packaging. Massive unexplored market in medical industry of developing economies is creating ample opportunities for the antimicrobial coatings market to grow at a considerable rate in the coming years. The advanced research and development facilities and new product developments by the companies are supporting to address the demand for antimicrobial coatings in the developing countries of Asia-Pacific and Latin America.

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The massive global problem in the modern society is the increasing diseases, which are caused due to micro organisms such as fungi, bacteria and viruses representing major threats to our hygienic lifestyle. The growing microbial resistance against antibiotics, metal ions, and development of resistant strains has forced the coating manufacturers to seek alternatives to traditional antimicrobial coatings. To develop new coatings with different formulations such has antibacterial and anti odor properties, the companies are following the regulatory standards defined by REACH, EPA and other environment care agencies.

Antimicrobial coatings are used for protecting surfaces from micro-organisms such as bacteria, parasites, fungi and germs. Primarily antimicrobial coatings were introduced just to restrain the effect of micro organisms in the surfaces, but with increasing health concerns due to the effect of such micro organisms on human health; antimicrobial applications now cover both surfaces and human.

On the basis of product types, the antimicrobial coatings market can be categorized as antimicrobial powder coatings, and surface modifications and coatings. Antimicrobial coatings consist of silver and copper, whereas surface modifications and coatings consist of listeria, E coli and pseudomonas. Surface modification and coatings dominates the global antimicrobial coatings market, whereas antimicrobial powder coating is the fastest growing product category of antimicrobial coatings.

The antimicrobial coatings market can be categorized on the basis of applications as medical applications, indoor air quality, buildings and construction, textiles, mold remediation, cosmetics and personal care, food and beverages, and agricultural products. Indoor air quality leads the antimicrobial coatings market and is also growing with the highest rate under the applications of the antimicrobial coatings market, due to the fact that major cause of disease in human beings is the bad quality of indoor air.

Some of the factors driving the growth of the antimicrobial coatings market are increasing demand of antimicrobial coatings and increasing market penetration for indoor air quality products. However, health issues associated with the use of silver in antimicrobial coatings, increasing need for efficacy and product innovation for textile applications and stringent regulatory scenario are some of the factors restraining the growth of the antimicrobial coatings market to some extent.

North America is leading the antimicrobial coatings market and is expected to be the fastest growing antimicrobial coatings market in the coming years. The major reasons for the fastest growth in the region are increasing healthcare expenditure and high standards of living of the consumers in the region. Moreover, the antimicrobial coatings market is growing due to increase of the antimicrobial coatings applications such as construction, medical and food in the emerging countries such as India and China of Asia-Pacific region.

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Some of the competitors in the antimicrobial coatings market are The Dow Chemical Company, BASF SE, Nippon Paint Company Ltd., Akzonobel N.V., The Sherwin-Williams Company, EI du Pont de Nemours & Co., PPG Industries Inc., RPM International Inc., Diamond Vogel, Koninklijke DSM N.V., and AK Coatings Inc.

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P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

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North America Foam Blowing Agents Market Analysis, Development and Demand Forecast to 2020 by P&S Market Research

The North America foam blowing agents market is expected to grow with a CAGR of 3.4% during 2015 – 2020. The major factors driving the growth of the North America market include increasing demand for polymeric foams in the construction and automotive industries, and high demand for foam blowing agents in the manufacturing of polyurethane foam. Moreover, the high demand for low GWP and zero ODP blowing agents is anticipated to significantly increase the consumption of HFOs, inert gases and methyl formate blowing agents in the region.

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Foam blowing agents are used to enhance certain properties and nature of polymers. These agents create holes and expand in polymer matrix, providing it cellular structure. The cellular structure provides strength to the foam, while using very less material. Hence, polymeric foams have several advantages, such as low density, low heat transfer, optimum flexibility and others, which makes them suitable for use in automotive and construction industries. Moreover, polymer foam products also provide comfort, durability, safety and support. In the automotive industry, polymer foams are used for manufacturing of several components, such as wiper cowls, side skirts, bumpers, and roll pans. As there are several blowing agents available to customize the properties of polymer foams, the demand for these foams has increased over the years for applications in the construction and automotive industries.

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Polymer foams are characterized with great thermal insulation properties, and can be customized with different physical properties. In addition, polymer foams could be made rigid or flexible by altering their chemistry, structural properties, and their density or by changing raw materials. Therefore, the increasing polymer foams compliance for applications in the construction and automotive industry implies increased demand for foam blowing agents. Moreover, an increase in the demand for polymer foams in the construction and automotive industry has been observed, and it is further expected to increase during the forecast period.

The PU foam segment held the largest share among the various applications in the North America foam blowing agents market, and it is also expected to retain its dominance during the forecast period. The high demand of foam blowing agents, especially low GWP and zero ODP blowing agents is predicted in the manufacturing of PU foam in the coming years.

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During 2011-2014, the U.S. held the largest share in the North America foam blowing agents market, in terms of value and volume. The U.S. government implemented stringent regulations to control the production and consumption of blowing agents with presence of ODP and high GWP. Therefore, a high growth in consumption and production of the eco-friendly blowing agents, such as HCs, HFOs, and methyl formate, is predicted in the coming years in the U.S. market. The U.S. plans to phase out HCFCs in accordance with Montreal Protocol. As per the implementation of HCFC phase out through Clean Air Act Regulations, there would be no production and no importing of HCFC-142b and HCFC-22 from 2020.

The information and data in the publication “North America Foam Blowing Agents Market Size, Share, Development, Growth and Demand Forecast to 2020”, represents the research and analysis of data from various primary and secondary sources. A top down and bottom-up approach has been used to calculate the market size in terms of value and volume. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

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Some of the key companies operating in the North America foam blowing agents market include Arkema S.A., Daikin Industries Ltd., Exxon Mobil Corporation, Honeywell International Inc., Sinochem Group, Linde AG, Zeon Corporation, Solvay S.A., and Harp International Ltd.

 

NORTH AMERICA FOAM BLOWING AGENTS MARKET SEGMENTATION

By Product Type

  • Hydrofluorocarbons (HFCs)
  • Hydrochlorofluorocarbons (HCFCs)
  • Hydrocarbons (HCs)
  • Methyl Formate
  • Hydrofluoroolefin (HFO)
  • Inert Gases
  • Others

By Application

  • Polyurethane (PU) Foam
  • PU Spray
  • Rigid PUF Injected
  • Rigid PUF Discontinuous Panel
  • Rigid PUF Continuous Laminate/Boardstock
  • PUF Integral Skin
  • Rigid PUF Residential Appliances
  • Rigid PUF Block for Pipe Sections
  • Rigid PUF Continuous Block
  • Flexible PU Foam
  • Polyolefin Foam
  • Non-XLPE Foam
  • XLPE Foam
  • EPP Beads
  • PP Foam
  • EVA Foam
  • Polystyrene (PS) Foam
  • XPS
  • EPS
  • Phenolic Foam
  • Others

 

By Country

  • The U.S.
  • Canada
  • Rest of North America 

 

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P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

 

Contact:

Abhishek

Executive – Client Partner

347, 5th Ave. #1402

New York City, NY – 10016

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Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

Adipic Acid Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research

The adipic acid market is growing with the growth of end user industries including footwear, electronics and automotive in India and China and it is assumed to remain a remarkable factor driving the Asia-Pacific adipic acid market. The European and North American markets are highly driven by innovation and technology. Europe emerged as the second largest market for adipic acid. North America follows Europe in the adipic acid market share. RoW adipic acid market is driven by the growing automobile industry largely in Argentina and Brazil.

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Adipic acid is an essential raw material for the commercial production of Nylon 6.6 that is the most important polyamides for industrial purpose. It is conventionally produced using various products derived from petroleum including benzene, phenol and cyclohexane. However, phenol has been eliminated as a raw material for producing adipic acid due to shift in hydrocarbons market, while, cyclohexane was being primarily used as a substitute is a mainstream product now for the globally produced adipic acid. Adipic acid with lower purity grade is used for manufacturing polyurethane while high purity grade is used for manufacturing nylon. Manufacturers have been trying to develop new techniques to produce adipic acid. Manufacturing companies have made investments in technology for future advancement to produce bio-based adipic acid.

The global adipic acid market can be categorized on the basis of end users as nylon 6,6 fiber; nylon 6,6 resin; polyurethane; adipate esters and among some other applications.

Production of nylon is the main application of adipic acid. These materials are generally used in the manufacture of automobile components. Adipic acid also finds application in other sectors that include paints, plastic additives, food additives, polyurethane resins, low-temperature lubricants and synthetic fibers.

Increasing commercial use of bio-adipic acid is a major trend being witnessed in this market owing to increased manufacturer and consumer understanding about carbon footprint reduction. Adoption of bio-adipic acid by various industries has increased due to increased demand for environment-friendly processes of chemical manufacturing owing to the harmful effects of petroleum-based processes on the environment. One of the major drivers in the market is automotive industry which is witnessing an increase in application of nylon 6,6, the main application segment of adipic acid. Nylon 6,6 is being used in automobiles extensively to reduce total weight which increases fuel efficiency.

Volatility in the price of raw materials, especially benzene and the rising prices of crude oil are a major restraint to the synthetic adipic acid market. Also, stringent environmental regulations considering adipic acid usage are acting as a restraint in the global adipic acid market. These concerns have lead to the shift of demand from synthetic to bio-based adipic acid. Bio-based adipic acid also provides economical feasibility compared to the synthetic adipic acid.

The opportunity lies in the market with bio-based adipic acid which has shown feasibility and is presently in its progress stage. Bio-based adipic acid is assumed to be useful for nearly all applications for which synthetic adipic acid is used currently. Bio-based adipic acid producers have an opportunity to replace the synthetic adipic acid market.

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Some of the key players in the industry include Ascend Performance Materials, Shandong Haili Chemical Industry Company Ltd., BASF SE, INVISTA, Radici Partecipazioni SpA, Solvay, Asahi Kasei Corporation, Lanxess, PetroChina Liaoyang Petrochemical and Shandong Hongye Chemical Company, Ltd among others.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication.  Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

 

Contact:

Abhishek

Executive – Client Partner

347, 5th Ave. #1402

New York City, NY – 10016

Toll-free: +1-888-778-7886 (USA/Canada)

Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

Masterbatch Market Analysis, Development, Growth and Demand Forecast to 2020 by P&S Market Research by P&S Market Research

Launch of new products and upcoming new technologies are the common trends in the global masterbatch market. Growth in masterbatch market is directly associated to the amount of polymer consumption in a region. Increasing production of plastic products and components, steady economic growth, innovation in packaging products, rapid industrialization and continuous penetration of masterbatch through different types of coloring methods are the key drivers in the masterbatch market.

The emergence of large-scale infrastructural projects in the Middle East, and growth in Asia-Pacific construction industry is expected to be the major market drivers for black masterbatches over the forecast period. Additives are the fastest growing segment of masterbatches, due to increasing consumer preference for customized plastic products in packaging, appliance, textile, automotive, pharmaceutical and consumer goods industries.

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Masterbatch is a concentrated mixture of additives and pigments encapsulated in a heat process into a carrier resin which is cooled and cut into a granular shape. The processor is allowed to colour raw polymer economically throughout the manufacturing process of plastics. Masterbatch is a liquid or solid mixture of various pigments used for coloring or improving other properties of polymers such as flame retardation, antistatic, ultraviolet (UV) stabilizing, and antilocking. Major end-user industries for masterbatch include automotive, consumer goods packaging, building and construction, textiles, agriculture, and furniture.

Masterbatches are classified into four categories; black, white, color and additive masterbatches, depending on the color or certain functional properties they impart to the base polymer. Color masterbatches are often used in the production of plastics for food and beverage packaging applications, appliances, automotive and pharmaceutical packaging. Black masterbatches are highly used in building and construction, automotive and consumer appliance industries.

The global masterbatch market has been segmented on the basis of product type and applications. Based on product type the global masterbatch market can be divided into black, white, colour, additive and filler masterbatches. Colour Masterbatches are made in several forms depending on the aesthetic required for the type of plastic it is being made for. Additive masterbatches offer remarkable opportunities to improve the performance of plastic products. Filler masterbatches provide cost reduction and also depending on the design of the type of filler Masterbatch, offer better properties such as stiffness, anti-fibrilation, etc On the basis of applications the global masterbatch market can be divided into packaging, building & construction, consumer goods, textiles, automotive and others.

Growth in the specialty masterbatches products in selected end-user markets offers huge growth opportunities in the masterbatch market. Manufacturers of consumer products are increasingly seeking packaging materials that enable low cost production and ensure effective storage and transportation. In next few years, demand is therefore expected to grow for advanced masterbatch that offer both functional performance and aesthetic appeal.

Variation in prices of raw materials is a major factor hindering the growth of the masterbatch market. Rising oil prices lead to an increase in resin prices and pose a significant challenge for competitors in the market. Stringent environmental laws and competition from other polymers also restrain the growth of the masterbatch market.

In terms of geography, Asia-Pacific dominates the global masterbatch market. In the Asia–Pacific region, packaging represents the largest end-use market for masterbatch production.

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Some of the key competitors of the global masterbatch market are A. Schulman, Inc., AMERICHEM, Ampacet Corporation, BASF SE, Cabot Corporation, Clariant, PolyOne Corporation, among others. Ferro Corporation, Tosaf Compounds Ltd., Dow Corning Corporation, Multibase, Foshan Laicai Plastic Masterbatch Co., Ltd., Hebron Ltd., ItalMaster, PolyOne Corporation, GABRIEL-CHEMIE Gesellschaft m. b. H., Ingenia Polymers Corp., Plastika Kritis S.A. are some of the other competitors in the global masterbatch market.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication.  Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

Contact:

Abhishek

Executive – Client Partner

347, 5th Ave. #1402

New York City, NY – 10016

Toll-free: +1-888-778-7886 (USA/Canada)

Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

Heat Exchangers Market Analysis, Development and Demand Forecast to 2020 by P&S Market Research

The global heat exchangers market was valued at $14,108.8 million in 2014, and it is expected to grow with a CAGR of 6.5% during 2015 – 2020. The factors driving the growth of the global market include advancement in technology and growing HVAC, petrochemical, food processing, and chemical industries. Chemical industry is the fastest growing end-user industry for heat exchangers, due to huge investment from Asia-Pacific. During the forecast period, large number of plants would come into operation that is anticipated to reap advantage of cheap natural gas for the production of ethane, a prevalent feedstock for petrochemical industry. Moreover, the demand for heat exchangers from the growing HVAC industry is increasing across the global market, due to improving infrastructure and standard of living. The oil & gas industry is driving the growth of the global heat exchangers market, due to the increasing number of gas processing facilities, LNG facilities, tankers, and other related infrastructure.

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In 2014, Asia-Pacific was the fastest growing market in the global heat exchangers market. Asia-Pacific is considered as a developing economy, due to increasing industrialization in the region. With the clustering of several industries in the region, the demand for heat exchangers is increasing. Moreover, the developing infrastructure in the region has increased the demand of heat exchangers from HVAC industry. These factors are expected to boost the growth of the heat exchangers market in Asia-Pacific.

The information and data in the publication “Global Heat Exchangers Market Size, Share, Development, Growth and Demand Forecast to 2020”, represents the research and analysis of data from various primary and secondary sources. A bottom-up approach has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

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Among the various end-users, the chemical industry segment in the global heat exchangers market is expected to witness the fastest growth, a CAGR of 9.2%, during 2015 – 2020.

Some of the key companies operating in the global heat exchangers market include Alfa Laval AB, Kelvion Holding GmbH, Danfoss A/S, SPX Corporation, Xylem Inc., API Heat Transfer Inc., Guntner GmbH & Co. KG, Hisaka Works Ltd., HRS Hevac Ltd., Modine Manufacturing Company, Sierra S.p.a., Sondex Holdings A/S, SWEP International AB.

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GLOBAL HEAT EXCHANGERS MARKET SEGMENTATION

By Type

  • Shell & Tube
  • Plate & Frame
  • Air Cooled
  • Printed Circuit
  • Others

By End-User

  • Chemical
  • Petrochemical and O&G
  • HVAC & Refrigeration
  • Food & Beverages
  • Power
  • Others

By Construction Material

  • Steel
  • Non-Steel

GEOGRAPHICAL SEGMENTATION

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

 

 

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

 

Contact:

Abhishek

Executive – Client Partner

347, 5th Ave. #1402

New York City, NY – 10016

Toll-free: +1-888-778-7886 (USA/Canada)

Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com