Friday, 16 December 2016

Bentonite Market To Represent USD 1.93 Billion Opportunity Globally by 2024: Grand View Research, Inc.



The global bentonite market size is expected to reach USD 1.93 billion by 2024, according to a new report by Grand View Research, Inc. Rising product use as anti-scalants in applications such as foundry sands and water treatment will augment market growth over the next eight years.
The increasing use of bentonite in iron ore pelletizing, pet litter, drilling mud, civil engineering and refining applications will fuel the product demand. Rising application scope of bentonite as a bonding agent in non-ferrous and ferrous foundries is expected to propel product growth over the forecast period.
Sodium bentonite is employed as a key constituent of drilling fluids for boring holes of small diameter in environmental monitoring wells, and mineral exploration. Furthermore, it is used in horizontal directional drilling as lubricants to place pipelines and utility cables under highways, streets, buildings & environmentally sensitive areas without disruptive surface trenching. The growth of aforementioned application segments is expected to fuel product demand over the forecast period.
Bentonite possesses properties like water absorption which makes it an excellent sealant for environmental applications. Bentonite products are also used in boring tunnels, subways & highways and pipelines installation to transport sewage, storm water & drinking water. This is expected to fuel product need over the next eight years.

Full research report on bentonite market analysis:  
http://www.grandviewresearch.com/industry-analysis/bentonite-market

Further key findings from the report suggest:
·         Calcium bentonite is expected to witness the fastest growth at a CAGR of 4.7% from 2016 to 2024 as a result of its ability to absorb a large amount of water and form thixotropic and viscous suspensions.
·         Foundry sands as an application for bentonite will witness the fastest growth in terms of volume at a CAGR of 4.5% from 2016 to 2024 owing to its superior bonding properties.
·         Latin America market is expected to witness significant growth and was estimated at over USD 110 million in 2015 on account of rising infrastructure development and increasing exploration activities in the
·         Key participants include AMCOL International Corp., Wyo-Ben Inc., MidPoint Chemicals Company, LLC, Hindustan M-I Swaco Limited, Charles B. Chrystal Co. Inc., Cimbar Performance Minerals Inc., Amsyn Inc., Kutch Mineral, Clariant AG, Minerals Technologies Inc., Bentonite Performance Minerals LLC. and Pacific Bentonite Ltd
·         Key companies in the market are focused on increasing their global presence through mergers 
& acquisitions and plant expansions.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments

Grand View Research has segmented the global bentonite market on the basis of product, application and region:
Product type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
·         Sodium
·         Calcium
·         Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
·         Foundry sands
·         Iron ore pelletizing
·         Cat litter
·         Drilling mud
·         Civil Engineering
·         Refining
·         Others
Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2013 - 2024)
·         North America
o    U.S.
·         Europe
o    Germany
o    Russia
·         Asia Pacific
o    China
o    India
·         Latin America
o    Brazil
·         MEA
o    UAE

For press release of this report - http://www.grandviewresearch.com/press-release/global-bentonite-market

Friday, 9 December 2016

Biocides Market Size Was Estimated At USD 7.99 Billion In 2014 And Is Expected To Reach USD 10,745.7 Million By 2020: Grand View Research, Inc.



The global market for biocides is expected to reach USD 10,745.7 million by 2020, according to a new study by Grand View Research, Inc. Growing population coupled with growing concerns for industrial waste water treatment is expected to drive biocide demand over the next six years. In addition, positive outlook on key application markets such as textiles, paints and coatings, primarily in Asia Pacific, Latin America and Eastern Europe, is also expected to boost the demand for biocides over the forecast period.
Halogen compounds dominated the biocide product space, accounting for over 27% of global market revenue in 2013. However, environmental concerns, regarding the disposal and impact of halogen-based compounds are expected to reduce market penetration for these products by 2020. Phenolic biocides are expected to be the fastest growing product segment, at an estimated CAGR of 6.9% from 2014 to 2020.  


Further Key findings from the study suggest:
  • The global market for biocides was estimated to be USD 7,308.0 million in 2012, and is expected to grow at a CAGR of 5% from 2014 to 2020.
  • North America is expected to continue its dominance in the global market and is expected to account for over 40% of the total market by the end of 2020. Asia Pacific is expected to be the fastest growing regional market, with market revenue expected to reach USD 3,454.7 million by 2020, at a CAGR of 6.2% from 2014 to 2020.
  • Water treatment applications are expected to continue to dominate biocide demand, and are estimated to account for over 24% of global revenue by 2020. Regulatory framework for enforcing industrial water treatment standards is expected to have a positive impact on the market. Water treatment is also expected to be the fastest growing application market for biocides at an estimated CAGR of 6.2% from 2014 to 2020.
  • The global market for biocides is moderately concentrated with top four participants, including Arch Chemical, ISP, Dow Microbial Control and Troy Corporation, accounting for over 55% of the total demand in 2013. Some of the other significant market participants for biocides include Thor Specialties, DuPont, Lanxess, Akzo Nobel and BASF.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/disinfectants-and-preservatives

For the purpose of this study, Grand View Research has segmented the global biocide market on the basis of product, application and region:
Biocides Product Outlook (Revenue, USD Million, 2012 - 2020)
        • Halogen Compound
        • Metallic Compounds
        • Organosulfurs
        • Organic acids
        • Phenolic
        • Nitrogen
        • Others
Biocides Application Outlook (Revenue, USD Million, 2012 - 2020)
        • Water Treatment
        • Food and Beverage
        • Personal Care
        • Wood Preservation
        • Paints and Coatings
        • Others
Biocides Regional Outlook (Revenue, USD Million, 2012 - 2020)
        • North America
        • Europe
        • Asia Pacific
        • RoW

For press release of this report - http://www.grandviewresearch.com/press-release/global-biocides-market

Tuesday, 6 December 2016

Palm Oil Market To Gain From Increased Usage In Edible Oil And Bio-Diesel Applications Till 2022: Grand View Research, Inc.



In 2014, global palm oil market was valued at USD 61.09 billion. The market is poised for growth owing to the increasing demand from the various end-use industries. Government and other correlated organizations across many countries have taken measures to limit the trans-fat intake over the past few years. Protocols regarding increased utilization of palm oil in the form of biodiesel as well as fuel mixing with bio-based fuel has gained recognition in recent past.
Technologies and research & development initiatives to create viable means of production offer immense prospects for the industry participants. Meting out operations to deliver products with a high value offer huge opportunities for growth of global palm oil market over the forecast period.
Crude palm oil dominated the global palm oil market accounting for over 75% of the market in 2014. Growing application in surfactants, cosmetics, lubricants, edible oil and biodiesel was responsible for this high market share. Crude palm oil is also expected to experience the maximum growth rate, at a probable CAGR of 7.5% from 2015 to 2022. It is used extensively for the purpose of cooking. Crude palm oil has r           elatively lower prices as compared to its competitors which make it the best-chosen cooking oil, predominantly in South East Asia and West Africa.
Edible oil had the largest market share of over 65% in 2014. Rising health concern regarding high consumption of trans-fat has made consumers shift from vegetable oils and animal fats to edible oil which has relatively lower trans-fat content. Biodiesel is predicted to grow at a very high growth rate, at an expected CAGR of 8.8% from 2015 to 2022. Quick development of the global biofuel market with an aim of reducing dependence on conventional fuels is likely to drive the biodiesel demand.


Further Key findings from the study suggest:
·         Easy availability of significant raw materials along with the increased disposable income levels in India, South East Asia, and China is anticipated to benefit the overall Asia Pacific market over the forecast period. Asia Pacific ruled the market accounting for more than 60% of the market share in 2014.
·         India is accounted to be the major palm oil importers in the world. Central & South American market is anticipated to experience increased production capabilities. Companies have eyed these markets owing to their plentiful arable land and favorable climatic conditions.
·         Global palm oil market is integrated having few companies ruling the market and is characterized by increased threat of new market players. Key industry participants comprise of Wilmar International Ltd., ADM, London Sumatra, Sime Darby, Cargill Inc., Godrej Agrovet Ltd. and IOI Corp. These corporations have taken up measures to attain a competitive advantage and to diversify their product line.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the palm oil market on the basis of product, application and region:
Global Palm Oil Derivatives Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)
·         Crude Palm Oil
·         Palm Kernel Oil
·         Palm Kernel Cake
·         Others
Global Palm Oil Application Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)
·         Electrical & Electronics
·         Automotive & Transportation
·         Industrial Machinery
·         Consumer Goods
·         Construction
·         Others
Global Palm Oil Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
·         Middle East & Africa
·         Central & South America

For Free press release of this report - http://www.grandviewresearch.com/press-release/global-palm-oil-market

Sunday, 4 December 2016

Powder Coatings Equipment Market Is Expected To Reach USD 2.14 Billion By 2024: Grand View Research, Inc.



The global powder coatings equipment market is expected to reach USD 2.14 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to witness significant gains over the forecast period on account of increasing usage of powder coatings in automotive, consumer goods, architectural, furniture, general industries and defense applications.
Rising demand for furniture and other architectural products such as windows and aluminum extrusions are expected to increase the industry size over the next eight years. Manufacturers are offering coatings booth made up of 18-gauge galvanized metal, for improving durability as well as reduce costs associated with installation.
Powder coat guns are expected to witness significant growth at a CAGR of 7.5% owing to its benefits including lightweight and easy color change. Furthermore, consumption of guns for spraying of powder coatings on metals, ceramics, glass and plastic surfaces is likely to augment demand over the upcoming years.


Further key findings from the report suggest:
·         Automotive accounted for 20.8% of the overall industry share in 2015 and is likely to witness the fastest growth over the forecast period. This trend is expected to continue on account of rising requirements of powder coatings for a broad range of applications including bodywork, trim, aluminum wheels, and in-mold light weight components.
·         The presence of various automotive players including Ford, General Motors, Chevrolet, Mercedes-Benz and Dodge is expected to fuel the product demand over the upcoming years.
·         MEA accounted for 5% of the global share in 2015 and is projected to witness gains in light of the growth of the construction sector especially in Qatar and UAE. Furthermore, this scenario is likely to be supported due to certain factors such as advanced real estate regulatory framework, economic recovery, and increasing infrastructure project in the region.
·         The market is fragmented in nature with a large number of players present in the U.S., Switzerland, and India. Key players include Nordson Corporation, Gema Switzerland GmbH, WAGNER, Parker Ionics, Red Line Industries Limited, Reliant Finishing Systems, Carlisle, Hangzhou Color and Oven Empire Manufacturing.
·         Companies are focusing on product innovation to increase their presence in the global market. For instance, in October 2016, Gema Switzerland GmbH launched MultiColor Super-fast color change solution that maximizes the flexibility and productivity of the coatings line and avoids idle times.
·         In November 2013, Nordson Corporation launched Encore HD Automatic Powder Spray Gun which is “softer” and offers even charged powder cloud for optimum transfer efficiency.
·         Development of new glass booth coupled with ongoing product innovation to increase durability and reduce associated cost will propel equipment growth. Furthermore, growing DIY equipment will create immense market potential over the forecast period.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the global powder coatings equipment market on the basis of product, application and region:
  • Powder Coatings Equipment Product Outlook (Revenue, USD Million, 2013 - 2024)
    • Ovens & booths
    • Powder coat guns
    • Others
  • Powder Coatings Equipment Application Outlook (Revenue, USD Million, 2013 - 2024)
    • Consumer goods
    • Architectural
    • Automotive
    • General industries
    • Furniture
    • Others
  • Powder Coatings Equipment Regional Outlook (Revenue, USD Million, 2013 - 2024)
    • North America
      • U.S.
    • Europe
      • Germany
    • Asia Pacific
      • China
    • Latin America
      • Brazil
    • MEA
For press release of this report - http://www.grandviewresearch.com/press-release/global-powder-coatings-equipment-market