Amines Market Is Expected To Grow Owing To Its Increasing Demand In Chemicals Industry Till 2020

Global Amines Market is expected to reach USD 14.07 billion by 2020, according to a new study by Grand View Research, Inc. Growing application scope in paints & coatings, personal care products, crop protection, surfactants and water treatment is expected to play an important role in driving market growth over the next six years. Governments of China, India and Middle East have increased their expenditure on infrastructure improvement, which is expected to have a positive impact on amines demand in surfactant.
Ethanolamines were the largest product segment, accounting for more than 50% of market volume in 2013. Increased use of ethanolamine as a cleaning agent and corrosion inhibitor is expected to drive market growth in the near future. Fatty amines are expected to be the fastest growing product segment, growing at a CAGR of 3.7% from 2014 to 2020. Personal care products market growth is expected to drive fatty amines demand over the next six years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/amines-industry

Further key findings from the study suggest:

• Global amines market was 3,663.6 kilo tons in 2013 and is expected to reach 4,607.3 kilo tons by 2020, growing at a CAGR of 3.3% from 2014 to 2020.
• Amines were majorly used in crop protection, accounting for more than 30% of market volume in 2013. Agriculture industry growth coupled with increased concerns towards yield improvement among farmers is expected to play an important role in driving amines demand in crop protection.
• North America was one of the largest amines market exceeding 30% of global demand in 2013. Personal care products market growth coupled with Mexico’s emergence as an automotive hub is expected to drive market growth in the near future.
• Asia Pacific is expected to witness the fastest growth, at a CAGR of 4.0% from 2014 to 2020. Growing agriculture industry in India and China coupled with automotive production growth in China, Malaysia and Indonesia is expected to have a positive impact on amines market. Governments of China and India have framed favorable FDI policies to promote investments, which are expected to open new market opportunities over the next six years.
• Amines market is highly fragmented on account of presence of numerous manufacturers globally. Key companies such as BASF have increased their production capacity of amines in China owing to industry growth in agriculture, automotive and personal care products.

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For the purpose of this study, Grand View Research has segmented the global amines market on the basis of product, application and region:
Amines Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Ethanolamines
    • Alkylamines
    • Fatty Amines
    • Other Amines
Amines Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Crop Protection
    • Surfactants
    • Water Treatment
    • Personal Care
    • Others
Amines Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

Corrosion Inhibitors Market Is Expected To Grow At A CAGR Of 4.5% From 2014 To 2020

Global corrosion inhibitors market is expected to reach USD 7.55 billion by 2020, according to a new study by Grand View Research, Inc. Corrosion inhibitors form an important part of the water treatment chemicals market and growing regulatory pressure for water treatment is expected to boost market demand. Corrosion inhibitors are also used in construction industry as part of preventive maintenance for metallic structures. Mexico, China, Brazil and India are expected to witness exponential rise in infrastructure and construction which is expected to augment demand for corrosion inhibitors.
Power generation was the largest end-use industry for corrosion inhibitors, with market demand of 1,366.5 kilo tons in 2013. Increasing power generation in China, India and Middle East coupled with growing instances of corrosion in cooling towers, steam and hydropower turbines is expected to augment demand. Oil and gas industry is also expected to witness significant rise in corrosion inhibitor demand growing at a CAGR of 5.6% from 2014 to 2020.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/corrosion-inhibitors-market

Further key findings from the study suggest:

• Global corrosion inhibitors market demand was 4,659.8 kilo tons in 2013 and is expected to reach 6,340.7 kilo tons by 2020, growing at a CAGR of 4.5% from 2014 to 2020. 
• Water-based corrosion inhibitors dominated the market in 2013 accounting for over 70% of global demand. These applications are preferred over their solvent based counterparts as they have lower VOC emissions which make them environmentally beneficial. 
• Organic corrosion inhibitors were the most widely used product with demand exceeding 3,300 kilo tons in 2013. They are preferred over inorganic inhibitors as they are non toxic making them feasible for use in water treatment and paint and coating industry.
• Asia Pacific was the largest market for corrosion inhibitors, accounting for 38.78% of market volume in 2013. Industrial growth in automobile, chemicals and oil & gas sector is expected to boost the demand for corrosion inhibitor in the region.
• The global corrosion inhibitors market is fragmented with the top four companies accounting for less than 40% of global market in 2013. Key companies include BASF, Ashland, Ecolab, GE Water, DuPont, Dow Chemicals Company, Champion Technologies, Cytec, and Lubrizol Corporation.

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For the purpose of this study, Grand View Research has segmented the global corrosion inhibitor market on the basis of product, application, end-use and region:
Corrosion Inhibitor Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • Organic corrosion inhibitor
            • Inorganic corrosion inhibitor
Corrosion Inhibitor Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • Water based
            • Oil/Solvent Based
Corrosion Inhibitor End-use Industry Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • Power generation
            • Oil & gas
            • Pulp & paper
            • Metal processing
            • Chemicals processing
            • Others
Corrosion Inhibitor Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

Plastics Market Is Expected To Grow Significantly Owing To Its Tremendous Use In Plastics & Polymers Industry Till 2020

Global plastics market was worth USD 381.83 billion in 2013. Plastics are synthetic or semi-synthetic organic solids which are cast or changed to various valuable products. Plastics are generally organic polymers which occur naturally or sometimes, are derivatives of petrochemicals. The global industry is administered by the application of end-use industry.

Forthcoming technologies which recycle plastics are projected to be the major driving force behind the growth of global market. Key manufacturers of plastics are investing into joint ventures and pooling resources with biotechnology companies so as to produce bio-based plastics.

Polyethylene was the largest plastic type which accounted for over 30% of the market in 2013. Growing demand from several end-use sectors including injection molding, food & beverage packaging, film/sheet and pipes led to the high market share. Several disposal norms and environmental regulations are projected to create major hindrances for the global polyethylene market. Polyethylene terephthalate (PET) plastic type is likely to witness significant gains at a CAGR of 8.5% from 2014 to 2020. The packaging industry of carbonated soft drinks is witnessing an increased demand for PET type of plastic. This growing demand is anticipated to drive the global market over the next few years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/global-plastics-market

Further key findings from the report suggest:

·         PET application in films and sheets accounted for over 40% of the overall share in 2013. Films and sheets are majorly used in pharmaceuticals and food packaging industry. This is expected to drive its huge demand. Application in plastic pipes is anticipated to witness the substantial gains, at an anticipated CAGR of 5.7% from 2014 to 2020. Factors such as the increase in construction activities, rising population levels, increasing rate of urbanization, infrastructural development and replacement of old pipes made with outdated materials are expected to drive the demand for plastic pipes application.

·         Asia Pacific contributed to over 40% of the global plastics market in 2013. Emerging economies of India and China are witnessing a significant increase in key end-use industries. This is projected to provide the region with an upper hand in the near future. Central & South American plastics market is expected to exhibit the highest growth rate, an anticipated CAGR of 6.3% from 2014 to 2020. The increase in construction and automobiles industry in Argentina and Brazil is likely to be the driving factor for plastics demand in this region.

·         The global market is integrated with a few companies dominating the market. Major players in the plastic market include Dow Chemicals, BASF SE, Saudi Basic Industries Corporation and E.I. du Pont de Nemours and Company. Other players in the market include ExxonMobil, Total SA, Indorama Corp., M&G Chemicals, Nan Ya Plastics, LyondellBesell, Formosa Plastic, Bayer Material Science, DAK Americas and Octal Petrochem.

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Grand View Research has segmented the plastics market on the basis of product, application and region:
Global Plastics Product Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2020)
            • Polyethylene (PE)
            • Polypropylene (PP)
            • PVC
            • PET
            • Polystyrene
            • Engineering Plastics
Global Plastics Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • Middle East & Africa
            • Central and South America

Gamma Oryzanol Market Forecast, Analysis, Company Share To 2022

The global gamma oryzanol market is expected to reach USD 2.06 billion by 2022, according to a new report by Grand View Research, Inc. Increasing consumer awareness towards a healthy lifestyle is expected to drive product demand over the next seven years.
Improper diet intake coupled with rising health treatment expenditure has urged consumers to switch to alternatives, such as dietary supplements, that offers a balanced diet. Gamma oryzanol plays a significant role in boosting good cholesterol and minimize adverse impacts of unhealthy diet intake.
Rapid urbanization coupled with increasing participation in health clubs and fitness activities are expected to play a vital role in industry growth over the forecast period. High product price along with the lack of consumer awareness are expected to remain major factors hindering market growth.
Technological innovation in the industry includes research initiatives to enhance yield rate from rice bran oil that is anticipated to reduce production costs and enable market players to attain economies of scale. Ongoing technological innovations along with increasing R&D spending is expected to provide significant opportunities for gamma oryzanol manufacturers over the forecast period.
Sports supplement emerged as the principal application segment and accounted for over 40% of total revenue in 2014. The segment is anticipated to witness moderate growth rate owing to high requirement of gamma oryzanol as an essential supplement for sports nutrition.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/gamma-oryzanol-market

U.S. gamma oryzanol market volume by application, 2012-2022 (Tons)

 

Further key findings from the report suggest:

·         The global gamma oryzanol market demand was 11,520.0 tons in 2014 and is expected to reach 18,597.8 tons by 2022, growing at an estimated CAGR of 6.2% from 2015 to 2022

·         Gamma oryzanol demand in cosmetic applications is anticipated to witness the highest growth over the forecast period. The segment is estimated to grow at a CAGR of 6.9% in terms of demand from 2015 to 2022.

·         The product demand in animal feed in the U.S. was over 710 tons in 2014. High requirement of the micronutrient in horses and dogs to enhance muscle development may be attributed to significant development in the segment.

·         Europe was the leading regional market and accounted for 30% of total consumption in 2014. The increasing acceptance of sports supplements as an essential form of nutrition in the UK, Italy, and Germany is expected to remain a key factor driving regional market.

·         Asia Pacific is estimated to witness the highest growth of 7.1%over the forecast period. Abundant raw material availability coupled with significant developments in cosmetics and animal feed sectors particularly in Japan, China, Vietnam, and India are anticipated to steer industry growth.

·         Key players operating in the global gamma oryzanol market include Oryza Oil & Fat Chemical Co., Ltd., Jining Ankang Pharmaceutical, Honson Pharmatech Group, KangCare Bioindustry, Lamotte Oils, Tsuno Rice, Xi’an Realin Biotechnology, Shanghai Freemen LLC, Chromadex Inc., and Sunrise Nutrachem Group Co. Ltd.

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Grand View Research has segmented the gamma oryzanol market on the basis of application and region:
Global Gamma Oryzanol Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         Sports supplements

·         Cosmetics

·         Pharmaceuticals

·         Animal feed

Global Gamma Oryzanol Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         North America

·         U.S.

·         Europe

·         France

·         Germany

·         UK

·         Asia Pacific 

·         China

·         India

·         Central & South America

·         Middle East & Africa