Thursday, 28 April 2016

Precipitated Silica Market Forecast, Growth and Trends Report 2015 To 2022



Precipitated silica market is expected to reach USD 3.69billion by 2022, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth on account of its extensive use in rubber, toothpaste, and food industry. Growing demand for rubber grade products is expected to propel precipitated silica demand. 
Rubber has extensive usage in the automotive, construction, industrial and consumer goods segment. Growing use of precipitated silica in rubber and tire industry is expected to boost precipitated silica market demand. The compound has profound usage as reinforcement fillers in tire and rubber industry. The product offers benefits such as improved flex fatigue resistance, rubber tear strength, heat build-up, adhesion, abrasion resistance, modulus, and hardness. Furthermore, the compound is used to enhance tear resistance, abrasion resistance, & tensile strength and improve wet traction performance as well as rolling resistance of the tires. 
Increasing use of the compound in pesticides is expected to spur demand over the forecast period. Furthermore, they are extensively used as carrier and diluents on account of properties such as compatibility, higher absorption, and improved stability with toxicants and other active ingredients. Furthermore, this product has extensive usage as dispersing, grinding and wetting aid and improves suspension behavior in liquid chemicals.
Further key findings from the report suggest:
  • Rubber application accounted for over 60% of the overall revenue share in 2014. Rubber grade silica is used in tire industry, wherein it helps to reduce rolling resistance, and increase grip of the tires. Increasing utilization of the compound in tires as replacements for carbon blacks provides better anti-skid properties and improved tensile and tear strength, which is further anticipated to fuel demand. Furthermore, growing use of precipitated silica as a reinforcement agent in tire as well as rubber formulations is also expected to favorably impact the market. 
  • Agrochemicals market is expected to witness significant growth over the forecast period due to its extensive use in applications as free flow agents on account of its higher absorption ability and improved chemical stability. Growing use of the compound as absorbent carriers and flow conditioners to improve suspension behavior and storage stability in liquids is expected to propel the demand. 
  • Europe accounted for over 19% of the revenue share in 2014. Increasing use of the compound in rubber segment, particularly micro sheets, rice rollers, thermoplastic rubber, PVC sheets, and shoe soles is expected to propel demand. The product is used in transmission and conveyor belts wherein it improves tear strength and imparts high degree of reinforcement to elastomer compounds. Additionally, the product is also used in shoe soles on account of its non-scuffing and wear resistant characteristics, wherein it provides resilience and durability. 
  • Precipitated silica manufacturers offer their products through different distribution channels which includes direct supply agreement, and vendors & distributors. Key precipitated consumers include Kadvani Chemicals Pvt. Ltd., and Oriental Silicas Corporation. Furthermore, companies such as PQ Corporation, PPG Industries, Inc, Madhu Silica Pvt. Ltd and Solvay are engaged in manufacturing, distribution and end-use. 
Grand View Research has segmented the precipitated silica market on the basis of application and region:
Precipitated Silica Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • Rubber
  • Agrochemicals
  • Oral Care
  • Food Industry
  • Others
Precipitated Silica Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • United Kingdom
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

Wednesday, 27 April 2016

High Performance Pigments Market Is likely To Grow AT A CAGR Of 5.2% From 2015 To 2022



The global High Performance Pigments Market is expected to reach USD 6.32 billion by 2022, according to a new report by Grand View Research, Inc. Growing of automotive coatings demand on account of increasing automobile production particularly in Asia Pacific is expected to remain a key driving factor for the global High Performance Pigments Market. 
The growth of global personal care industry is also expected to have a positive influence on the market growth. Volatile raw material prices coupled with the high price of these pigments is expected to remain a key challenge for market participants. The market displays high competition among its industry participants which has resulted in companies taking strong measures to reduce manufacturing costs and yet provide superior quality products. 
Inorganic high performance pigments emerged as the leading product segment with demand share exceeding 60% of the global market in 2014. However, organic high performance pigments are presumed to witness a faster growth rate on account of changing customer buying patterns and favorable regulatory scenario. 


U.S. High Performance Pigments Market revenue by product, 2012-2022, (USD Million)
U.S. High Performance Pigments Market 
Further key findings from the report suggest:
·         Global High Performance Pigments Market demand was 154.8 kilo tons in 2014 and is expected to reach 233.0 kilo tons by 2022, at a CAGR of 5.2%from 2015 to 2022.
·         Coatings were the leading application segment and accounted for 59.9% of total market volume in 2014. Growth of global automotive coatings industry is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 5.4% over the forecast period. Developments in the ink jet printing technology are expected to lead high performance pigment demand in the ink industry.
·         Europe dominated the global market with demand share estimated at 31.8% in 2014. Developed markets of North America and Europe have had their dominance in the past. However, the recent economic downturn critically impacted key end-use industry growth in these regions. Recovery of U.S. automotive industry from the economic downturn is expected to re-establish high performance pigment demand in North America.
·         Asia Pacific is expected to witness the highest growth of 6.0% from 2015 to 2022. Increasing automobile production in China, India, Thailand and Indonesia is expected to drive the regional market over the forecast period. 
·         The global high performance pigment industry was once recognized by a few multinational corporations. However, the advent of globalization has led new entrants in the industry. Companies have been taking key strategic initiatives to enhance their product portfolio and penetrate the market deeper by targeting applications such as cosmetics, inks, and plastics. Some leading companies in the global market include Sun Chemical, Clariant, BASF, Ferro, Heubach, Sudarshan Chemical Industries Ltd, Merck, Eckart Effect Pigments and Horst Chemicals Zhuhai Co. Ltd.


Grand View Research has segmented the high performance pigments market on the basis of product, application and region:
High Performance Pigment Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
·         Organic
·         Inorganic
High Performance Pigment Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
·         Coatings
·         Plastics
·         Inks
·         Cosmetics
·         Others
High Performance Pigment Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
·         North America
·         U.S.
·         Europe
·         Germany
·         France
·         UK
·         Asia Pacific
·         China
·         India
·         Middle East & Africa
·         Central & South America
·         Brazil

Carbon Black Market To Represent US$28.05 bn Opportunity Globally by 2022



The global carbon black market is expected to reach USD 28.05 billion by 2022, according to a new report by Grand View Research, Inc. Increasing automotive sales and consequent rise in tire production is expected to drive industry growth over the forecast period. 
High demand for plastics and high performance coatings in automotive manufacturing is also expected to have a positive influence on the market growth. Carbon black provides electrical conductivity and antistatic properties to many plastic products ranging from insulation materials to highly conductive areas. 
Policies aimed at reducing GHG emissions during carbon black production processes may hamper growth trajectory over the forecast period. Since the production process is highly energy intensive, optimization of processes and greener & sustainable alternatives are paramount to tackle such issues in future. 


U.S. carbon black market volume by application, 2012-2022, (Kilo Tons)
U.S. carbon black market volume by application, 2012-2022, (Kilo Tons
Further key findings from the report suggest:
·         Global carbon black market demand was 11.99 million tons in 2014 and is expected to reach 16.40 million tons by 2022, growing at a CAGR of 3.9% from 2015 to 2022
·         Tires were the leading application segment and accounted for over 70% of the overall volume in 2014. Increasing passenger car sales and a robust aftermarket and OEM sectors of automotive industry are expected to drive tire production, thereby increasing carbon black consumption over the forecast period.
·         Plastics are expected to be the fastest growing application segment at a CAGR of 4.3% from 2015 to 2022. Increasing usage of specialty grades for improving electrical conductivity, better UV resistance and antistatic properties in plastics is expected spur growth.
·         Asia Pacific dominated the global market with demand share estimated 54.8% in 2014. Increasing carbon black demand in plastics, general rubber goods and tire manufacturing particularly from emerging economies of China, India, and Indonesia is expected to drive the regional market over the forecast period. Mature markets of North America and Europe are characterized by increasing regulatory intervention to reduce greenhouse gas emissions during carbon black production.
·         The industry has a presence of large multinational corporations who have integrated their operations, i.e., from feedstock to carbon black production. Compared to independent manufacturers, these companies enjoy a distinct advantage of cutting down on raw material procurement costs.
·         Key players in the global carbon black industry include OJSC Kremenchug, OMSK Carbon Group, Tokai Carbon Co. Ltd., Sid Richardson Carbon & Energy Co., Ralson Goodluck Carbon, Asahi Carbon Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon, OCI Co. Ltd., Birla Carbon and Cabot Corp. 


Grand View Research has segmented the carbon black market on the basis of application and region:
Global Carbon Black Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·         Tires
·         High Performance Coatings
·         Plastics
·         Others
Global Carbon Black Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·         North America
·         U.S
·         Europe
·         UK
·         Asia Pacific
·         China
·         Latin America
·         Brazil
·         Middle East &Africa
·         UAE

Glyphosate Market Is Expected To Grow Significantly Owing To Its Tremendous Use In Agrochemicals & Fertilizers Industry Till 2020



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