Tuesday 29 December 2015

Clear Brine Fluids Market Trends, Company Share To 2020: Grand View Research, Inc.



The Global Clear Brine Fluids Market is expected to reach USD 2.03 billion by 2020, according to a new study by Grand View Research, Inc. Increase in drilling activities particularly in the U.S., Brazil, China and Western Africa is expected to remain a key driving factor for global clear brine fluids market. Increasing deep water exploration investment particularly in “The Golden Triangle” is also expected to have a positive influence on the market growth over the next six years. Stringent environmental regulations across the U.S. and Europe on account of ground water contamination caused by clear brine fluids is expected to remain a major challenge for market participants.
Potassium chloride was the largest product segment and accounted for 24.3% of total market volume in 2013. Wide range of chloride applications is expected to remain a key driver for this segment. Potassium chloride is also expected to witness the highest growth rate at 10.3% from 2014 to 2020. Global calcium chloride based clear brine fluids are expected to reach a market worth USD 72 million by 2020. The chlorides and bromides clear brine fluids have been substituting conventional drilling mud on account of their higher efficiency and cost effectiveness.

Global clear brine fluids market volume by product, 2012-2020 (Kilo Tons)
clear-brine-fluids-market 

Further key findings from the study suggest:
  • Global clear brine fluids market demand was 1,010.2 kilo tons in 2013 and is expected to reach 1,977.5 kilo tons by 2020, growing at a CAGR of 10.1% from 2014 to 2020.
  • North America emerged as the leading regional market for clear brine fluids and accounted for 64.9% of total market volume in 2013. Increasing drilling activities in the U.S. on account of shale gas boom and in Gulf of Mexico remained a key driving factor for the regional market.
  • Asia Pacific is expected to witness the highest growth at 11% over the next six years.  Increasing drilling activities in China on account of presence of large amount of untapped shale gas in place is expected to remain a key driving factor for the regional market. European clear brine fluids market is expected to reach USD 162.3 million by 2020, growing at a CAGR of 12% from 2014 to 2020.
  • Global clear brine fluids market is moderately concentrated with top four companies including M-I SWACO, Halliburton, Israel Chemicals Ltd., TETRA Technologies accounted for over 50% of the total market. Other market participants include Albemarle Corporation, Baker Hughes Inc., Zirax Ltd., The Egyptian Mud Engineering & Chemicals Co., GEO Drilling Fluids Inc., Newpark Resources Inc. and Chemtura Corporation. Clear brine fluids market recently, witnessed number of mergers and acquisitions leading to significant opportunities for market participants.
For the purpose of this study, Grand View Research has segmented the clear brine fluids market on the basis of product and region:

Global Clear Brine Fluids Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Potassium Chloride
    • Calcium Chloride
    • Sodium Chloride
    • Potassium Bromide
    • Calcium Bromide
    • Sodium Bromide
    • Others
Global Clear Brine Fluids Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Monday 28 December 2015

Ethylene Glycols Market Share, Forecasts 2014 To 2020: Grand View Research, Inc.



The global market for ethylene glycol is expected to reach USD 33.36 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for polyethylene terephthalate (PET) for packaging applications, primarily in Asia Pacific and Latin America is expected to remain a key driving factor for the market. In addition, growth from global textiles industry is also expected to support the ethylene glycol market development over the forecast period. Volatile prices and tight supply of raw materials, on account of frequent fluctuations in crude oil prices is expected to inhibit the market growth over the next six years.
Monoethylene glycol (MEG) emerged as the leading product segment and accounted for 89.9% of total market volume in 2013. MEG in addition to being the largest product segment is also expected to be the fastest growing ethylene glycol at an estimated CAGR of 4.8% from 2014 to 2020. MEG is mainly used for manufacturing PET and growth of global beverages market is expected to drive the demand for MEG over the forecast period. Global market for di-ethylene glycol (DEG) is expected to reach USD 337.1 million by 2020.
Further key findings from the study suggest:
  • The global market volume for ethylene glycols was 16,511 kilo tons in 2013 and is expected to reach 22,815.4 kilo tons by 2020, growing at a CAGR of 4.7% from 2014 to 2020.
  • PET emerged as the leading application market for ethylene glycols and accounted for 44.2% of total market volume in 2013. Growth of beverages industry mainly in Asia Pacific and Latin America is expected to drive this market over the next six years. Polyester fibers are expected to be the fastest growing market for ethylene glycols at an estimated CAGR of 5.1% from 2014 to 2020.
  • Asia Pacific dominated the global ethylene glycols market and accounted for 66.5% of total market volume in 2013. Asia Pacific along with being the largest market is also expected to be the fastest growing market for ethylene glycols at an estimated CAGR of 4.9% from 2014 to 2020. This can be attributed to the growth of textile and automotive industries in the region. North America and European markets for ethylene glycols have reached their saturation point and are expected to grow at a relatively lower growth rates over the forecast period.
  • The global market for ethylene glycol is fairly concentrated with top four companies operating in the market including SABIC, Dow Chemical Company, Sinopec and Shell Chemical accounted for over 50% of total market in 2013. Other companies operating in the market include Formosa Plastics Group, Honam Petrochemicals and Ineos.
For the purpose of this study, Grand View Research has segmented the ethylene glycol market on the basis of product, application and region:
Global Ethylene Glycol Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Monoethylene Glycol (MEG)
            • Diethylene Glycol (DEG)
            • Triethylene Glycol (TEG)
Global Ethylene Glycol Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • PET
            • Polyester Fibers
            • Antifreeze
            • Films
            • Others
Ethylene Glycol Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Sunday 27 December 2015

Glyphosate Market To 2020 – Industry Share, Regional Outlook, Application Analysis: Grand View Research, Inc.



The global glyphosate market is expected to exceed USD 8.50 billion by 2020, according to a new study by Grand View Research, Inc. GM crops have witnessed high penetration, on account of benefits such as high yield and disease resistance. The amount of glyphosate added to major genetically modified crops has been increasing over the past few years. This is expected to drive the global glyphosate market over the forecast period. High demand for minimum tillage as well as no-tillage systems is also expected to fuel the market over the next six years. Considerable environmental and health concerns have led to stringent regulations on glyphosate usage, which may act as a restraint to industry growth.
Further key findings from the study suggest:
  • Global glyphosate demand was over 700 kilo tons in 2013, which is expected to exceed 1,000 kilo tons by 2020.
  • Conventional crops dominated global market volume in 2013; glyphosate is used two to three weeks before sowing crops such as wheat, sorghum, sunflower, etc. This aids in significant tillage reduction along with efficient weed control. GM crops are expected to witness high growth over the forecast period, primarily due to growing adoption in Latin America, China and India.
  • Asia Pacific was the largest regional market in 2013; North America accounted for over 25% of the global market volume in the same year. GM crop adoption coupled with arable land availability in China and India is expected to drive the Asia Pacific glyphosate market over the next six years.
  • Major industry participants include Monsanto, Syngenta, Nufarm, Dow AgroSciences and DuPont. Other companies mainly include BASF, Bayer and a large number of Chinese manufacturers. Key players have targeted weed management systems development, which help lower adverse environmental impact and control weeds through different modes as compared to traditional glyphosate application.
For the purpose of this study, Grand View Research has segmented the global glyphosate market on the basis of application and region:
Glyphosate Application Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 – 2020)
            • Conventional Crops
            • GM Crops
Glyphosate Regional Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 – 2020)
            • North America
                    • U.S.
                    • Mexico
            • Europe
                    • Germany
                    • UK
            • Asia Pacific
                    • China
                    • India
                    • Japan
            • RoW
                    • Brazil
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research