Specialty & Fine Chemicals

[specialtyfinechemicals]

Catalyst Market Size, Share Research Report, 2020 | Hexa Research

A catalyst is a substance that accelerates a chemical reaction and retains its original composition. A recent study by Hexa Research notes that the worldwide demand for the Catalyst Market in 2013 was about 6,250 kilo tons. It is expected to grow at a CAGR of 3.1% from 2014 to 2020. By 2020, the volumes will exceed 7,750 kilo tons.  

Petroleum refining is rising due to energy demand. This coupled with increasing focus on green technologies is generating high demand for catalysts. Environmental regulations in different parts of the world lay emphasis on emission control. This has altered several manufacturing processes across industries. Catalysts help in making processes efficient and are therefore witnessing high demand.

Since catalysts are widely used in chemical synthesis, any growth in the chemical manufacturing sector translates into corresponding growth for the catalyst market. Precious metals are widely used as catalysts. Volatility in their pricing adversely affects the market. Depleting crude oil reserves will result in a drop in the number of petroleum refineries. This will again have a negative market impact.

Browse Details of Report @ https://www.hexaresearch.com/research-report/catalyst-market-industry/

Hexa Research also divides the market on the basis of materials, products, applications, and regions. The materials segment encompasses metals, zeolites, chemical compounds, and others. Chemical compounds dominated the catalyst market in 2013. They contributed more than 40% to the total volumes and are cheaper than zeolites and metals.

Chemical compounds are projected to grow the fastest, at a CAGR of 3.3% from 2014 to 2020. The market is segmented in view of products into homogeneous, and heterogeneous. Heterogeneous catalysts possess augmented significance in view of their use in various industry verticals. Homogeneous catalysts are estimated to grow further.

Catalysts find applications in refinery, chemical, polymer, stationery, automotive, and environmental   sectors. Chemical, with a contribution of 1,790 kilo tons in volumes, was the leading application in 2013. This may be attributed to growth in chemical manufacturing, particularly in Latin America and Asia Pacific. With respect to regions, the Asian Pacific catalyst market accounted for the highest demand, i.e. more than 33% in 2013.

Europe will generate moderate demand for environmental catalysts in the years ahead. North America will be driven by petroleum refining. The dominating market participants are Evonik Industries AG, Clariant International Ltd., Albemarle Corporation, INEOS Group Ltd., and Zeolyst International Inc.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

[specialtyfinechemicals]

Bioplastic Packaging Market Size, Share, and Forecast to 2024 - Hexa Research

The Global Bioplastic Packaging Market to reach USD 34.24 billion by 2024, driven by the rising consumer demand for resource efficient and eco-friendly products. Europe was the largest market accounting for 32.7% of the volume share in 2016 due to supporting regulations coupled with consumer awareness regarding the conservation of the environment. North America and Asia Pacific followed suit, where the regions together are expected to contribute USD 3.26 billion by 2024.

Keeping these driving factors in mind, companies are ramping up their production capacity as well as foraying into R&D of application of new biopolymers into mainstream applications. For instance, in October 2016, BASF and Avantium entered into a joint venture to form Synvina JV, which will manufacture and market FDCA and PEF. Synvina JV has a production capacity of 50,000 metric tons per year for FDCA and PEF.

Moreover, companies are focusing on R&D to expand the utilization of different raw materials such as PBS, PLA, and PBAT in various mainstream packaging applications. For instance, in April 2017, UK-based Biome Bioplastics developed a fully compostable and recyclable coffee cup made entirely from bioplastic materials. These factors together are expected to provide an impetus to the growth of the bioplastic packaging market over the next seven years.

Browse Details of Report@https://www.hexaresearch.com/research-report/bioplastic-packaging-market

PET dominated the global market contributing to USD 1.84 billion in 2016. The polymer was extensively used in rigid packaging on account of its high durability, transparency, and ease of moldability. Initiatives undertaken by companies such as Coca-Cola, P&G, and Heinz to use bio-based materials for packing beverages, sauces & spreads and cosmetics is expected to bolster the growth of the rigid packaging market.

Increasing demand for flexible packaging solutions on account of several benefits including size and weight particularly in food applications coupled with rising demand for biodegradable films is anticipated to boost the growth of the market. The segment is expected to grow at a volume CAGR of 20.6% from 2017 to 2024.

Food packaging accounted for 9% of the overall market share in 2016 and is likely to witness above average growth as a result of rising consumer requirement for eco-friendly packaging. Aesthetic attributes such as transparency, size, weight and presentation are expected to drive the growth of the segment over the projected period.

The growth of the global bioplastic packaging industry driven primarily by consumer demand is also likely to be favored by the implementation of stringent regulations for its synthetic counterparts. Despite the fall in crude oil prices, companies such as BASF, Arkema Dow, Solvay, and Braskem are continuing production at their facilities and focusing on R&D. These factors are likely to result in a tremendous growth of the global bioplastic packaging market growing at a revenue CAGR of 28.3% over the next seven years.

Hexa Research has segmented the global bioplastic packaging market on the basis of raw material, product, application and region:

Segmentation by raw material, 2014 - 2024 (Kilo Tons) (USD Million)

• Polyethylene terephthalate (PET)

• Polyethylene (PE)

• Other non-biodegradable polymers

• Polybutyrate (PBAT)

• Polybutylene succinate (PBS)

• Polylactic acid (PLA)

• Polyhydroxyalkanoates (PHA)

• Starch blends

Segmentation by product, 2014 - 2024 (Kilo Tons) (USD Million)

• Rigid

• Flexible

Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million)

• Plastic bottles

• Food packaging

• Others

Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million)

• North America

   • U.S.

• Europe

   • Germany

   • UK

• Asia Pacific

   • China

• Central & South America

   • Brazil

• MEA

Key players analyzed:

• Arkema Inc.

• BASF SE

• The Dow Chemical Company

• Novamont

• Corbion

• Solvay

• Toray

• Braskem

• NatureWorks, LLC

• Royal DSM N.V.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/

[specialtyfinechemicals]

Zeolite Molecular Sieve Market Size, Share, Industry Report, 2024 | Hexa Research

The Global Zeolite Molecular Sieve Market is expected to surpass USD 35 billion by 2024. This can be attributed to the increasing hygiene awareness, rising demands for detergents, and growing refining output. In addition, the rising needs for natural products in pet litters, concrete, and agriculture industries are also anticipated to spur the market growth over the forecast period (from 2016 to 2024). Furthermore, increased consumer disposable income levels coupled with the increasing focus on environmental safety are also anticipated to augment the global market growth. The global market is divided into products, applications, and regions.

The product sector comprises natural and synthetic zeolites. The natural zeolite sector led the global market in 2015. The growing demands from water treatment, pet litter, and concrete applications and the availability of reserves globally are anticipated to boost the market growth in the near future. Moreover, rising demands from Brazil, India, and China are also likely to have a positive impact on the market.

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Synthetic zeolites are expected to grow at a CAGR of 3 % from 2016 to 2024 due to rising needs from the detergent industry. Plus, they are extensively utilized in gas & oil industry which is projected to positively impact the market growth.

The application sector of the global zeolite molecular sieve market includes detergent builders, catalysts, and adsorbents. The detergent builders sector was the leading application sector in 2015 due to their wide usage as binders in detergents. Rising detergent demands due to growing awareness about hygiene are said to spur the market growth.

Catalysts are likely to grow at a CAGR of over 2 % over the estimated years. This is mainly due to the expansion of gas & oil industry. Moreover, increasing demands for high-performance catalysts providing higher output are expected to drive the industry growth. The product demands in adsorbents are also likely to grow at CAGR of 2 % during the estimated years due to high demands from applications like air separation & drying, water treatment, gas separation, petroleum refining, etc.

Region-wise, Europe dominated the global market in 2015 occupying over 30 % of the total shares. The APAC region is projected to experience a considerable growth at a CAGR of over 3 % from 2016 to 2024. This can be attributed to the increasing infrastructure investment levels in Malaysia, India, China, Indonesia, and other Southeast Asian economies.

The major players of the zeolite molecular sieve market include Tosoh Corp.; BASF SE; Grace Catalysts Technologies; and Zeox Corp.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/

[specialtyfinechemicals]

Argan Oil Market Analysis, Size, Share, Growth and Forecast to 2024 | Hexa Research

The Global Argan Oil Market is anticipated to witness a 19.6% CAGR in terms of volume, over the forecast period (2016-2024). It had a market size totaling 3 kilotons (KT) in 2015.  Rising applications in the medical sector and demand for argan-based beauty products will drive the market over the estimated period. This industry will generate over USD 2 billion by 2024. Positive regulatory scenario will foster market growth. Furthermore, technological innovations to improve microbiological & chemical quality will fuel demand.

The global industry is segmented by applications and regions. Major applications are medical, food, and cosmetics. Cosmetics dominated the argan oil market with over 40% demand in 2014. This sector should experience substantial growth in the coming years. The expanding personal care industry can positively influence overall demand. Argan oil prevents skin dryness and makes it supple. It is a key ingredient used in anti-ageing products. Such a trend would thus, propel the market for anti-ageing products to expand at a 7.5% CAGR from 2016 to 2024.

The food & health care segments will experience robust growth in the forthcoming years. Medicinal properties of the oil to reduce cholesterol levels and provide additional energy will boost these segments. It has the potential to keep cancer, inflammatory problems, and indigestion at bay.

Browse Details of Report@ https://www.hexaresearch.com/research-report/argan-oil-market

On the basis of regions, the argan oil market is fragmented into Middle East & Africa (MEA), Central & South Africa, North America, Asia Pacific, and Europe. In volume terms, MEA leads the global industry. This region is further anticipated to register the highest growth over the aforementioned period. Morocco is a prime producer of the product in this region with a capacity of nearly 4 KT annually. It exports 700 tons every year. The Moroccan industry is poised to enhance its production capacity to 10 KT by 2020. This owes to the growing demand for organic products in North America and Europe.

North America will expand at a CAGR of over 20% in the forecasting horizon due to high demand for health & beauty care products. However, the Asia-Pacific (APAC) region exhibits a high growth potential due to widespread application in health care and food industries. The rising geriatric population in Japan, South Korea, and China can also augment regional demand.

Major players within the argan oil market are Nadifi Argan Oil, Zineglob SARL, Sidi Yassine, and OLVEA Group. Due to limited production, only a few refiners in this market supply the products through sellers, traders, and distributors. Some of these players function as retailers while others function as distributors. For instance, Sidi Yassine has its retail branches in Switzerland, while Marogonia manufactures for the OLVEA Group.

The OLVEA Group has branches in Morocco and has recently opened a branch in Burkina Faso, Africa. The production facility in Burkina Faso operates in an eco-friendly set-up with most of the equipment powered to process Shea kernels. This will aid women workers engaged in the cultivation of Shea nuts for their livelihood. Shea butter, a product made from shea kernels, is an important component in chocolates, margarine, and cooking oil. But the quality of the crop and long processing hours hinder its market prospects

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - http://www.hexaresearch.com/ Visit Our Blog - hexaresearch1.blogspot.com

[specialtyfinechemicals]

Fluorochemicals Market Share, Size, Analysis, Growth, Trends and Forecast to 2020 | Hexa Research

According to the new study by Hexa Research, The fluorochemicals market is likely to reach over USD 25 billion by year 2020.The largest market of Flurochemicals was in United States followed by Western Europe which is the Second largest market for Fluorochemical. Fluorite which is the main source of fluorine was estimated to be around $549 million globally, extracting nearby 4.5 million tons per year. With the gradual recovery in Automotive Industry, increasing scope of PTFE application   in Asia in industries like construction, cookware, electronics and chemical processing and medical is expected to control fluorochemical demand in upcoming years. Asia Pacific dominated the fluorochemical market demand in 2013, being the largest market for automotive, electronic consumables and chemical processing with 46% of volumes are consumed globally. Asia Pacific’s fluorochemicals market is estimated to hit over USD 11 billion by 2020.Europe and North America are comparatively mature markets which are expected to reach around CAGR of 2.7% and 3 % from 2014 to 2020.

Browse Details of Report@http://www.hexaresearch.com/research-report/fluorochemicals-industry/

Report by Hexa Research also stated that, Fluorocarbons dominated the market global market with contribution for over 52% fluorochemicals volumes in 2013.With 60% of total fluorocarbon market HCFC is being phased out currently. With the fluctuation of fluorspar supply, challenge for market participants has increased, which has increased in difficulty to maintain profitability and curtail costs. Fluorocarbons were the most dominant in terms of consumption followed by fluoropolymers and inorganic market. Some applicants of fluorocarbons are industrial coatings, pharmaceuticals and blowing agents.HFC and HCFC are mainly used in the manufacturing of air conditioners and refrigerants.

Flurochemicals market product

HCFC

HFC and others

Specialties and In organics

Fluoropolymers

Fluorochemicals market by End- Use

Blowing Agents

Aluminum Production

Refrigeration

Few key market players in Fluorochemical industries are as follows

Daikin

DuPont

Honeywell

Asahi Glass

Arkema SA

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

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Email: [email protected]

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[specialtyfinechemicals]

Anti-Reflective Coatings Market Size, Share, Analysis Report, 2024 | Hexa Research

Volumes in the global anti-reflective (AR) coatings market are estimated to be over 510 kilo tons by 2024. With a CAGR exceeding 6% from 2016 to 2024 (forecast period), the market would be valued about USD 6 billion in 2024. Demand for AR coatings is mainly pushed by higher preference for anti-glare & anti-reflection lenses/eyewear.

The consumption of such coatings in optical and electrical/electronic applications has created huge industry opportunities. These applications should trigger further demand in the near future. The advantages of AR coatings include back glare removal, improved transmittance, and lower reflectance. Their use delivers much better picture quality on devices;   like monitors, televisions, etc. Moreover, AR coatings can capture clearer and ‘close-to-real’ images from optical lenses.

Browse Details of Report @ https://www.hexaresearch.com/research-report/anti-reflective-coatings-market

Chief factors favoring the market are burgeoning worldwide population and the need for ‘vision correction.’ Boom in electronics & semiconductor industries coupled with expansion across flat panel displays is expected to positively impact market consumption.

Focus on renewable energy is projected to create new avenues for AR coatings. Owing to their anti-reflective properties, they could become integral to solar panels in the forthcoming years. However, consumers in the Anti-Reflective Coatings Market are not fully aware of the uses and benefits of these products. This inhibits market growth. Furthermore, soaring prices of key raw materials, like magnesium chloride may have an adverse effect.

The industry is split on the basis of end-users and geographies. Electronics, telecommunications, eye-wear, automotives, and solar constitute the end-users. Eye-wear dominated in 2015. The demand for ‘anti-reflective’ spectacles and lenses is proliferating due to superior optical experience offered by AR coatings. Consumers are willing to spend more on comfort and higher visibility, especially while driving at night.

Electronics was the second-largest segment in 2015. It is said to grow lucratively during the forecast period. AR coatings are mainly used in smartphone displays and flat glass panels. They are also incorporated in semiconductors. Solar would grow at the fastest rate till 2024. When used in solar panels, AR coatings transmit more light and curb its reflection.

Geographically, the Anti-Reflective Coatings Market is divided into North America, Asia Pacific, Europe, Latin America, and the MEA (The Middle East & Africa). North America has been leading since 2013. This can be attributed to abundant demand for flat panel displays, lenses, and eyeglasses in the U.S. and Canada. Europe should generate high demand for solar panel applications. Robust automotives industry in France, Germany, and the U.K. may spur Europe.

Asia Pacific is predicted to emerge as an important region by 2024. It is the manufacturing hub of many industries. Large-scale solar projects in India, China, and Bangladesh will contribute regional expansion.

Famous players in the worldwide anti-reflective (AR) coatings market comprise Honeywell International Inc., Carl Zeiss AG, Essilor International S.A., and Optical Coatings Japan. Royal DSM, JDS Uniphase Corporation, and Hoya Corporation are the other well-known vendors.

To stay competitive, majority of these participants emphasize on developing easy-to-clean products with scratch & fingerprint resistance and anti-static properties. Due to the challenging economic environment globally, small & medium manufacturers are finding it difficult to sustain their businesses. This fuels industry consolidation by way of mergers & acquisitions.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research 

[specialtyfinechemicals]

Bioadhesives Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2024 | Hexa Research

The global bioadhesives market exceeded 750 kilo tons in 2015. The capacity is estimated to increase from 2 million tons in 2023 to almost 2.5 million tons by 2024. Demand for bio-based eco-friendly products is anticipated to drive the market during the forecast period (2016-2024). Greater awareness about the adverse effects of synthetic materials can propel market growth. Additionally, bio-based origin and low manufacturing costs should execute a primary role in industry growth. 

The use of bioadhesives in flexible packaging could boost demand for the product. Moreover, robust demand from chemical and healthcare applications may impel market growth. Most governments worldwide are regulating chemical industries in an attempt to reduce the use of fossil fuels. This could substantially increase the demand for bioadhesives. Environmental regulations that promote the use of biodegradable products could positively impact the market.

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https://www.hexaresearch.com/research-report/bioadhesives-market

The global bioadhesives market is fragmented into sources, applications, and regions. Sources are split into animal base and plant base. Starches and gelatin are the key ingredients that are used in these bonding agents. In 2014, plant based adhesives dominated with more than 85% of the total market volumes. Availability of raw materials, like soy, corn, and starch at low prices is projected to increase the production of these glues during the forecast period.

Animal based adhesives could expand at a CAGR of over 13% till 2024. These glues are derived from animal bones, hides & hooves and are commonly used in wood work. However, the low shelf-life of such adhesives can hinder the growth of the bioadhesives industry.

On the basis of applications, the industry is divided into personal care, medical, packaging & paper, construction, and wood, among others. Packaging & paper led the application segment in 2014, with the highest share (in terms of volume) of over 37%. Application of bioadhesives in food & beverages packaging will drive this segment till 2024. Bioadhesives are mostly used in industries, such as printed sheets lamination, cigarettes & filters, specialty packaging, and flexible packaging. These adhesives should necessarily exhibit high elasticity, durability, and eco-friendliness. Also, they need to be renewable, biodegradable, and safe enough to be used in food packaging.

Construction was the second largest application in 2014 and is likely to exhibit considerable growth till 2024. This application uses bioadhesives for wall lamination and residential roofing. Medical applications held nearly 10% shares in 2014. They would grow at over 13% CAGR during the forecast period. The adhesive is used extensively in applications, such as transdermal drug delivery, dressing wounds, skin-bonded monitoring devices, and surgeries. These natural adhesives possess biocompatible properties that make them ideal for uses involving skin and body tissues.

Regions are segmented into Europe, North America, Central & South America (CSA), and the Middle East & Africa (MEA). Europe accounted for the highest market demand in 2014 and will continue to dominate the market till 2024. Strict governmental regulations about the use of bio-based ingredients will play a significant role in driving demand.

North America held the second highest share after Europe, in the global market in 2014. The region’s favorable performance can be attributed to the growth of packaging & paper and construction industries. Also, awareness about and demand for environment friendly, natural, and bio-safe products can increase the demand for bioadhesives.  

The global bioadhesives market is highly competitive one. Its leading manufacturers are Ecosynthetix Incorporated, SCION, and Cryolife Incorporated.  Together they account for around 70% of the total market shares. Ecosynthetix dominates the market with a large margin.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research

[specialtyfinechemicals]

Activated Carbon Market Share, Size, Analysis, Growth, Trends and Forecasts, 2014 to 2020 | Hexa Research

Activated Carbon Market is estimated to reach up to USD 5,255.0 million till 2020 globally. In 2012, powdered activated carbon dominated the market globally with contribution for over 53% of total volumes .According to the Research study by Hexa Research, This market is likely to boom in upcoming years with rising demand of mercury removal applications and drinking water treatment. Activated carbon market is majorly dominated by Asia Pacific region. Granular activated carbon industry is expected to reach USD 1,933.4 million till 2020 with the growing CAGR of 14.2% from 2015 to 2020.In 2012 air purification and water treatment industries dominated entire market accounting for around 76% of activated carbon volumes.

By 2020, Air purification market for Activated Carbon is estimated to reach around USD 2,245.2 million with CAGR over 15% from 2015-2020. Market revenues are estimated to reach around USD 2,095.0 million by 2020 with growing CAGR at 14.2% from 2014 to 2020.Rapid industrialization growth is expected to drive Activated carbon market globally.

Browse Details of Report@http://www.hexaresearch.com/research-report/activated-carbon-industry/

Activated carbon which is basically used for liquid, vapor and gas treatment, is also effective is removing chlorine to make water consumable.GAC market is likely to experience considerable growth in next six years. With increasing environmental concerns for reduction of emission of acid gases, mercury from coal plants is the main factor for growth of the market over forecast period. Few US environmental protection agencies have set the standards for air toxicity and mercury.

Manufacturers have upgraded their coal plants according to the system of injecting activated carbon in flues gases to remove mercury Activated carbon is the major absorbent occupying more than 64% of volume market share owing its high absorbent capacity and large surface area. Major players of global activated carbon market are Calgon Carbon Corporation, MeadWestvaco Corporation, Cabot Corporation, Haycarb PLC and Carbon Resources LLC.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research 

[specialtyfinechemicals]

Biodegradable Superabsorbent Materials Market to reach USD 190 million by 2024 | Hexa Research

The global biodegradable superabsorbent materials market is anticipated to reach USD 190 million by 2024. Demand for adult incontinence products & disposable diapers is said to boost the market during the forecast period (2016-2024). This product derives much of its demand from agricultural applications. Moreover, the feminine hygiene segment may provide unique opportunities for the global market over the next eight years.

A rapidly growing geriatric population is expected to impact the overall product demand in the near future. In addition, this population segment is susceptible to various disorders, such as glandular diseases and urinal incontinence. Such anomalies call for products with high absorbing properties. Increasing population has threatened environmental sustainability & food security by exerting immense pressures on the environment.

Browse Details of Report@https://www.hexaresearch.com/research-report/biodegradable-superabsorbent-materials-market

Environmental damage and the paucity of space to dispose conventional materials impel companies to adopt eco-friendly materials. These materials are designed to soak & retain large quantities of liquids in relation to their own masses.

Medical, personal disposable sanitary products, and agriculture are the key applications of biodegradable superabsorbent materials. People these days are increasingly adopting biodegradable products. This owes to heightened concerns regarding health risks related to sanitary napkins and baby diapers.

The global biodegradable superabsorbent materials market is categorized as products, applications, and regions. Products include polyitaconic acid, polyvinyl alcohol, polysaccharides, and polyacrylamide. Polyvinyl alcohol led the global market in 2015. It accounted for over 68% of the overall volume shares. Manufacturers are striving towards developing biodegradable superabsorbent polymeric products. This is projected to widen the application scope during the next eight years. Polyacrylamide and polyitaconic acid may expand at CAGRs of over 9% and 8%, respectively; because of their high absorption properties.

Based on applications, the global biodegradable superabsorbent materials market comprises adult incontinence products, disposable diapers, medical, agriculture, and female hygiene products. Disposable diapers dominated the overall industry in 2015 and accounted for over 59% of total shares. This segment may register the fastest growth till 2024 owing to rapid population growth in China, India, Brazil, Indonesia, and other ASEAN nations. Female hygiene & adult incontinence products are other important applications in the industry. Awareness about hygiene could boost the demand for biodegradable superabsorbent materials in the forthcoming years.

Geographically, the global industry is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Europe dominated the worldwide market in 2015 occupying over 33% of the total volumes. The Asia-Pacific region is projected to experience major growth in terms of volume. This market could expand at a CAGR of over 10% from 2016 to 2024. China and India have been witnessing a remarkable increase in their infant populations over the last one decade. This may augment market demand during the forecast period. Similar demographic trends can also be observed in Latin America.

Prominent companies in the biodegradable superabsorbent materials market are Itaconix Corp.; Archer Daniels Midland Company; Exotech Bio Solutions Ltd.; Nuoer Chemical Australia Pty Ltd.; and Amereq Inc. Product innovation mainly pertains to the development of hygienic & ecological polymers. This will be a cornerstone for the growth of market participants.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research 

[specialtyfinechemicals]

Ionic Liquid Market Research Report - Industry Analysis, Size, Share and Forecast to 2024 | Hexa Research

The emerging global ionic liquids (ILs) market size is anticipated to reach over USD 40 Million for the forecasted year 2016 to 2024 with a CAGR around 9.35 %. The major key drivers of ionic liquids markets are driven because of unique properties and their rising demand.

Another driving factor is the development of newer ionic liquid applications and commercializing it into the market. The market has been segmented on the basis of applications such as catalyst, solvents, plastics, process and operating fluids, electrochemistry, bio- refineries and batteries.

Ionic liquids are special molten salts in the liquid state with high melting point. The properties of ionic liquids are low combustibility, chemically and thermally stable, volatility and good solvating properties. These liquids have the ability to act as solvent and catalyst to speed up performance in industries.

Browse Details of Report@

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Major restraints in ILs are a high cost which has to be recovered by developing new synthetic approaches to manufacturing an environmentally sustainable renewable raw materials and less expensive ILs. The inexpensive and available raw materials such as carbohydrates are used in the synthesis of ILs.

Wide industrial applications drive the overall ionic liquids growth. Solvent and catalyst account for maximum revenue share in the global market. The bio refineries, electrochemistry, and batteries industries are expected to have a significant growth.  

Potential applications in which ILs used are gas handling, solar thermal energy, nuclear fuel reprocessing, waste recycling and carbon capture. For bio refineries industries, it used for pre processing of feedstock.

Government regulations are focusing on environmental sustainability, so this ILs can have high demand in the market and it can be used for the recycling process. Refineries are having the high demand of ILs because of it physical properties.

Industries are conducting research on these ionic liquids for the development of better quality product at the inexpensive price. The ionic fluids crude materials are extremely costly. These ionic liquids are having high open doors for the coordinated effort and for commercialization of utilizations.

The hazardous and unsafe properties of numerous solvents especially chlorinated hydrocarbons posture significant natural concerns, for example, climatic discharges and purification of water effluents.

It is perceived that utilizing the use of nonconventional solvents as options for naturally disagreeable conventional solvents can lessen waste dissolvable creation and subsequently decrease the negative effect on the environment to a great extent.

The component controlling the development of ionic fluids business sector is its cost. As these ionic liquids are fabricated on a little scale, when the demand becomes inferable from commercialization of utilizations, the costs are relied upon to decline to make their utilization in different procedures financial and feasible.

Industries can itself collaborate each other for the particular period of time till the time market gets stable growth. Some of the challenges are stabilizing the market growth and reducing the price of the raw materials. 

Bio-refineries have significant demand because of ionic liquids properties, which makes them a potential substitution of mechanical solvents or key segment in different applications. It can replace the industrial solvents in refineries. Thermal stability of this synthetic ILs was less when compared to the regular higher cost ILs.

Ionic Liquids market has been segmented on the basis of regions such as Asia Pacific, North America, and Europe. China is the largest and highest manufacturer of ionic liquids in the global market.

Asia Pacific is one of the largest ionic liquids market. China, India, Japan, and Malaysia are the major leading market for ILs and they are expected to continue its dominance on account of low labor cost, attracting foreign investors and adopting new synthetic process using ILs. They are mainly focusing on high quality and low-cost applications.

North America is the second largest Ionic liquid market. North America supplies their manufactured ionic liquids to the global market. They are focusing on the commercialize ILs applications.

Europe is expected to show a steady growth in the forecasted year. South America and Africa offer low opportunities for ILs market owing to lack of sufficient application based manufacturing industries.

Key industry players dominating market include Merck KGaA (Germany), BASF SE (Germany), Tatva Chintan Pharma Chem Pvt. Ltd. (India), Reinste Nanoventure (India), Evonik Industries AG (Germany), Ionic Liquids Technologies (IoLiTec) GmbH (Germany), Salvonic SA (France), Proionic (Austria), CoorsTek Speciality Chemicals (U.S.), The Chemours Company (U.S.), Strem  Chemicals Inc. (U.S.) and Jinkai Chemical  Co., Ltd. (China).

Entering into the Ionic liquids market is one of the biggest challenges to target manufacturers, technology providers, industries and government associations to bring the stable market. Major companies are involved in continuous research and innovation of better efficient ionic liquids.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

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[specialtyfinechemicals]

Air Freshener Market Analysis, Size, Share, Growth, Industry Trends and Forecast Report up to 2024 - Hexa Research

The air freshener market is expected to grow at a significant pace from 2016 to 2024 owing to the global rising air care and quality importance. Air fresheners eliminate bad odor by emitting pleasant fragrances. It contains odor neutralizing agents such as mineral oil, 2-butoxyethanol, and glycol ether. Various types of air fresheners are used extensively in households, offices, restrooms and cars.

Aromatherapy entails usage of different fragrances to deal with diseases. It uses air fresheners as they come in various scents. The therapy is being adapted globally due to its effectiveness in disease treatment. Increased demand in aromatherapy is expected to benefit the air freshener market over the next eight years.

Major air freshener product types include sprays/aerosols, gels, candle, and electric air fresheners. Gels, sprays have found increased usage in automobiles. The global car sales have grown due to decreased price & fuel rates and are expected to continue a similar trend over the next eight years. This increase in automobile sales will further fuel the demand for air fresheners. Other application segments consist of residential and corporate offices. Customer type segmentation includes enterprise and individual customers.

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There has been a surge in demand for air freshener’s usage among urban population owing to rising disposable income and applications in home care. The innovations such as introduction of flower fragrances, battery operated air fresheners, multiple fragrance dispensers are also expected to drive the market. The anticipated rise in urban demand is expected to further fuel the air freshener market growth.

Henkel KGaA, S.C. Johnson & Son Inc, Procter & Gamble Co., Reckitt Benckiser Group plc, Godrej Household Products Ltd, and Procter & Gamble Co are the key players in air fresheners market. The two primary sales channels for the market participants include retail and business to business. The companies try to increase sales by efficient channel distribution. Also, companies offer a broad range of air fresheners to cater to customer requirements. Supermalls, car wash stations, convenience stores are contributing to increased sales.

Henkel was founded in 1876 and is one of the leading companies in the market. Renuzit and Iba are the two air freshener brands of the enterprise. The company claims that the scent in Iba lasts for 4-6 weeks. Also, the Renuzit brand is used in home care and enhancement purposes.

Procter & Gamble is another major market player headquartered in the Ohio, the U.S. The company tries to maintain its market position by introducing innovative products. P&G's Sci-Fi Air freshener is one such product which contains motion sensors, LED light, and temperature & humidity sensor. The company also developed an application for ordering refills of air fresheners.

Europe dominated the global air fresheners market in 2015. Asia Pacific countries like India and China have a huge potential market due to the rising middle class. The growing income and standard of living of the people are also the contributing factors. The market players have introduced a wide variety of products in these regional markets.

UK, France, Italy, and Belgium are contributing to the European market demand. The effectiveness of electric air fresheners, high standard of living and availability of a vast number of brands are the prime reasons for the overall growing market demand. The steps taken by UK government to increase the disposable income coupled with ongoing construction activity saw an increase in sales of domestic air fresheners.

South Africa, Kenya, and Nigeria are expected to witness significant growth over the next eight years. The dusty environment and stressful traffic conditions in Nigeria are driving the car air fragrance market. Kenya air fragrance market has grown considerably due to rise in car and apartment ownership. The ease of air freshener’s usage is also a major driving factor for sales in the less developed regions of Kenya.

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Contact Us:

Ryan Shaw

Hexa Research

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[specialtyfinechemicals]

Organic Personal Care Market Size, Share, Growth, Industry Analysis, Trends and Forecast Report Up to 2024 - Hexa Research

The worldwide organic personal care market generated over USD 8.3 billion in 2014. It is anticipated to grow at around 9 percent CAGR during 2016 to 2024 (forecast period). The market will produce sales worth USD 15.8 billion by 2024. This significant expansion may be ascribed to awareness regarding eco-friendly products that don’t have petrochemicals, parabens, and aluminium salts.

Novel organic products have grown. Also, manufacturers & sellers consider innovative means of ‘demand generation.’ Both these factors can drive market demand in the near future. Organic products are made from plant roots, essential oils, herbs, & flowers coupled with naturally-available emulsifiers, humectants, additives, & surfactants.

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This market has greatly evolved across the globe. Sales trainings for ‘consumer education’ regarding superior ‘beauty products’ should propel market revenues. Client awareness about personal health is also likely to add market growth till 2024. Enhanced living standards and increased disposable earnings of the employed ‘middle-class’ populace across developing Asian Pacific nations may propel the market in the forecast period.

However, discrepancies in ‘feedstock supply’ would hinder the market. Technological advancements and research & developments in processing & cost-efficient manufacturing were the key drivers of organic personal care market in the recent years. Research on developing customized & sophisticated products can open market prospects.

The market is split by products and geographies. Products comprise skin care, hair care, oral care, and others. Skin care led in terms of demand and surpassed USD 2.5 billion in 2013. Hair is estimated to grow at nearly 9.8 percent CAGR during 2014 to 2020. Oral care captured 13 percent shares in 2013 and should undergo high growth. Its shares could be attributed to escalating gum diseases.  

The geographies are Asia Pacific, North America, Europe, and rest of the world. North America reigned in the recent past and has regional prospects in Mexico. Europe and Asia Pacific followed North America and were pushed by customer inclination and advanced products. The worldwide organic personal care market is mainly characterized by product innovations.

Some of its players are L’Oreal; The Body Shop; Aveda Corp.; and Amway. Few companies have introduced ayurvedic substances; like clove, tulsi, lemon, neem, etc.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

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Email: [email protected]

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[specialtyfinechemicals]

DL Malic Acid Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2024 | Hexa Research

The DL malic acid market is expected to grow at a significant pace from 2016 to 2024 owing to the increased use in food and beverage industry. It is formed by mixing equal amount of dextro and leavo isomers, which exhibits features including controlling growth of microorganisms, adjusting pH and flavor enhancement. This makes DL malic acid preferable for use in food and beverage industry.

As these substances imparts pleasant flavor in food and beverages, they are used in products such as bakery, carbonated beverages, fruit juice, desserts, sports drink and frozen specialties. Moreover, it is used instead of/or with less sour citric acid in sour sweets. Increase in consumption and demand for these products is expected to benefit the market over the next eight years. It has preservative properties, which have applications in convenience food products including processed foods and ready to drink beverages. The increasing consumption of fruit flavored drinks and protein drinks fuels the demand for the product.

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Moreover, due to flavor enhancement qualities and rapid dissolution rate malic acid is used in powdered mixings including ice tea and dry fruit soup mixes. As the soreness of malic acid is more than that of citric acid, less quantity is required, which reduces the unit weight. Such quality is expected to increase the consumption in food industry. It is added to alcoholic apple ciders to maintain constant sharp taste and also improves the flavor profile of wine. Thus, as the demand for alcoholic drinks increases the demand for DL malic acid is also expected to grow.

Factor restraining the industry growth includes the stringent government regulations for its consumption in food and beverage market. Regulations exists on manufacturing, using, importing, transporting, selling and disposing of malic acid or products containing them. In UK, policies including food standards (preserves) order, miscellaneous additive in food regulation and the soft drink regulation are applied for use of these substances. In India, Prevention of Food Adulteration Act has approved the usage of malic acid for use as an acidulant in miscellaneous foods and in carbonated beverages.

Asia Pacific is expected to witness exponential growth over the forecast period owing to the promising demand from countries such as China, India and Indonesia. Rapid urbanization in these countries is expected to boost the food and beverage industry, which in turn fuels the market growth. Furthermore, the growing disposal income in the developing countries is boosting the demand for the convenience products, thus elevating the industry growth. Europe and North America are expected to grow rapidly over the forecast period owing to the demand for the preserved and refrigerated products.

Thirumalai Chemicals Ltd., Polynt Spa Group, Novozymes, Fuso Chemical Co. Ltd, and Bartek Ingredients Inc. are the key market players. Suppliers use product differentiation as well as strategic alliances, mergers and acquisition to gain competitive advantage.

In April 2015, Polynt Spa Group announced that it is planning to expand its malic acid capacity by 8000 T/Y owing to increased market demand by raising a new plant in one of its sites. The company claims to reach total capacity of 22,000 T/Y after completion of the investment for worldwide consumption in sectors including confectioneries, preserves, bakery product, food & beverage and technical industries.

Novozymes offers differentiated and innovative products to gain competitive advantage. For instance, the company announced that it has developed a fungus that enables production of malic acid used as a flavor enhancer or a feedstock to produce commodity chemicals such as 1,4 butanediol (BDO). 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research

[specialtyfinechemicals]

Ionic Liquid Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2024 | Hexa Research

The emerging global ionic liquids (ILs) market size is anticipated to reach over USD 40 Million for the forecasted year 2016 to 2024 with a CAGR around 9.35 %. The major key drivers of ionic liquids markets are driven because of unique properties and their rising demand.

Another driving factor is the development of newer ionic liquid applications and commercializing it into the market. The market has been segmented on the basis of applications such as catalyst, solvents, plastics, process and operating fluids, electrochemistry, bio- refineries and batteries.

Ionic liquids are special molten salts in the liquid state with high melting point. The properties of ionic liquids are low combustibility, chemically and thermally stable, volatility and good solvating properties. These liquids have the ability to act as solvent and catalyst to speed up performance in industries.

Browse Detail Report @https://www.hexaresearch.com/upcoming-research/ionic-liquid-market

Major restraints in ILs are a high cost which has to be recovered by developing new synthetic approaches to manufacturing an environmentally sustainable renewable raw materials and less expensive ILs. The inexpensive and available raw materials such as carbohydrates are used in the synthesis of ILs.

Wide industrial applications drive the overall ionic liquids growth. Solvent and catalyst account for maximum revenue share in the global market. The bio refineries, electrochemistry, and batteries industries are expected to have a significant growth.  

Potential applications in which ILs used are gas handling, solar thermal energy, nuclear fuel reprocessing, waste recycling and carbon capture. For bio refineries industries, it used for pre processing of feedstock.

Government regulations are focusing on environmental sustainability, so this ILs can have high demand in the market and it can be used for the recycling process. Refineries are having the high demand of ILs because of it physical properties.

Industries are conducting research on these ionic liquids for the development of better quality product at the inexpensive price. The ionic fluids crude materials are extremely costly. These ionic liquids are having high open doors for the coordinated effort and for commercialization of utilizations.

The hazardous and unsafe properties of numerous solvents especially chlorinated hydrocarbons posture significant natural concerns, for example, climatic discharges and purification of water effluents.

It is perceived that utilizing the use of nonconventional solvents as options for naturally disagreeable conventional solvents can lessen waste dissolvable creation and subsequently decrease the negative effect on the environment to a great extent.

The component controlling the development of ionic fluids business sector is its cost. As these ionic liquids are fabricated on a little scale, when the demand becomes inferable from commercialization of utilizations, the costs are relied upon to decline to make their utilization in different procedures financial and feasible.

Industries can itself collaborate each other for the particular period of time till the time market gets stable growth. Some of the challenges are stabilizing the market growth and reducing the price of the raw materials. 

Bio-refineries have significant demand because of ionic liquids properties, which makes them a potential substitution of mechanical solvents or key segment in different applications. It can replace the industrial solvents in refineries. Thermal stability of this synthetic ILs was less when compared to the regular higher cost ILs.

Ionic Liquids market has been segmented on the basis of regions such as Asia Pacific, North America, and Europe. China is the largest and highest manufacturer of ionic liquids in the global market.

Asia Pacific is one of the largest ionic liquids market. China, India, Japan, and Malaysia are the major leading market for ILs and they are expected to continue its dominance on account of low labor cost, attracting foreign investors and adopting new synthetic process using ILs. They are mainly focusing on high quality and low-cost applications.

North America is the second largest Ionic liquid market. North America supplies their manufactured ionic liquids to the global market. They are focusing on the commercialize ILs applications.

Europe is expected to show a steady growth in the forecasted year. South America and Africa offer low opportunities for ILs market owing to lack of sufficient application based manufacturing industries.

Key industry players dominating market include Merck KGaA (Germany), BASF SE (Germany), Tatva Chintan Pharma Chem Pvt. Ltd. (India), Reinste Nanoventure (India), Evonik Industries AG (Germany), Ionic Liquids Technologies (IoLiTec) GmbH (Germany), Salvonic SA (France), Proionic (Austria), CoorsTek Speciality Chemicals (U.S.), The Chemours Company (U.S.), Strem  Chemicals Inc. (U.S.) and Jinkai Chemical  Co., Ltd. (China).

Entering into the Ionic liquids market is one of the biggest challenges to target manufacturers, technology providers, industries and government associations to bring the stable market. Major companies are involved in continuous research and innovation of better efficient ionic liquids.

Browse Related Category Market Reports @https://www.hexaresearch.com/research-category/catalysts-and-enzymes-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research

[specialtyfinechemicals]

Natural Sweeteners Market Research Report - Industry Analysis, Size, Share, Growth and Forecast to 2024 - Hexa Research

The global natural sweeteners market is expected to witness substantial growth over the forecast period on account of growing demand for different kind of substitutes such as low-intensity sweeteners, high-intensity sweeteners and high-fructose syrup in food & beverage and healthcare industry.

The sugar substitutes market is an integral part of the sugar industry. Growing health concerns such as diabetes and obesity are driving the population to switch to no or low-calorie substitutes and alternative for sugar. To satisfy the appetite for sweetness in food & drinks and growing concerns for health and naturalness in food is expected to drive the market over the forecast period.

The concept natural sweetener is prevailing in developed countries at a higher level owing to high disposable incomes and growing population. However, in developing Asian countries the demand is rising for natural sweeteners owing to growing consumer per capita income and rising population. Furthermore, the increasing demand for natural sweeteners can also be attributed to the use of sugar substitutes in the personal & healthcare industries.

Advancement in technology and new product development is expected to bring about various improvements in sugar substitutes market. New products are expected to be developed over the period owing to the aforementioned reasons which in turn is expected to drive the demand for natural sweeteners.

Browse Detail Report @ https://www.hexaresearch.com/upcoming-research/natural-sweeteners-market

Natural sweeteners manufacturing companies are expected to benefit from the growing health concerns among people and demand for low-calorie sweeteners as it anticipated that natural sweeteners market will convert into the new business as food & beverage manufacturers will search for inexpensive natural sweeteners.

However, the manufacturing of sweeteners is quite expensive and availability of sugar in at low prices in the market is expected to hinder the market growth. In addition, the taste of few natural sweeteners such as Stevia is disliked owing to which it is not preferred by a lot of people. Technological advancement is expected to lower the manufacturing cost of natural sweeteners which will, in turn, be available at lower rates in the market.

Natural sweeteners market is segmented on the basis of type into high intensity and low intensity. High-intensity natural sweeteners include Stevia and low-intensity natural sweeteners comprise of Xylitol and Erythritol.

Stevia is a popular low-calorie natural sweetener which is extracted from Stevia rebaudiana plant. There are numerous sweet compounds available in Stevia leaves such as Stevioside and Rebaudioside A which are much sweeter than sugar when compared gram by gram. Stevia not only is calorie free sweetener but also effective against high blood pressure and reducing blood sugar of diabetic patients.

Erythritol contains fewer calories and doesn’t affect blood sugar or insulin levels in the body and also has no effect on biomarkers like cholesterol and triglycerides. However, erythritol can cause digestive problems if consumed too much at a time. Xylitol is a sugar alcohol with the sweetness similar to sugar Xylitol has dental benefits such as it prevents from cavities and tooth decay and may also improve bone density to prevent osteoporosis.

Other natural sweeteners can include maple syrup, honey, yacon syrup, coconut sugar, blackstrap molasses, balsamic glaze, banana puree, sorghum syrup and brown rice syrup. These have a lot of applications and can use as a substitute for sugar. Honey and maple syrup are widely used sweeteners.

The market is also bifurcated on the basis of application into food & beverage industry applications and personal & healthcare industry applications. Stevia and erythritol are fairly new to the food & beverages market. Increasing health concerns among people and use of natural products has led the beverage companies to switch to natural low-calorie sweeteners.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-additives-and-nutricosmetics-industry

People are opting for diet drinks such as diet coke which can be sweetened with natural sweeteners maintaining the taste. Growing awareness among people is expected to drive the natural sweeteners market demand and also pose a threat to the modified and artificial sweeteners demand such as corn sugar, aspartame and other sweeteners.

In personal & healthcare industry the use of natural sweeteners is expected to grow exponentially owing to the health benefits they possess such as reducing blood sugar in diabetic patients and in lowering high blood pressure. Some other health benefits associated with natural sweeteners are they may help in preventing osteoporosis and effect of artificial sweeteners on the human body.

Asia Pacific market is expected to grow exponentially as the use of natural sweeteners is highest in the world as it has various applications in Asian food products such as in pickles and highly flavored pastes and sauces. The growing population and consumer disposable incomes are also expected to be major drivers of the Asia Pacific market.

Leading companies in the U.S. and Europe region are investing in advanced technologies and new product development to come up with an innovative, superior quality and cost effective sugar substitute which in turn is expected to drive the market demand for natural sweeteners in this region.

The leading contributors to the market are Madhava Natural Sweeteners, Truvia, SweetLeaf Stevia, Tate & Lyle, Whole Earth Sweetener, Imperial Sugar, Herboveda, Sunwin Stevia International, Ach Food Companies, Morita Kagaku Kogyo, ADM, ABF Ingredients, Cargill, Evolva, Arlon Group, Galam Group, GLG Lifetech, Merisant, Ohly, Pure Circle and Zevia.

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

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[specialtyfinechemicals]

BDO-PTMEG-Spandex Market Size, Share Research Report, 2024 | Hexa Research

The 1, 4-butanediol (BDO) market stood around USD 4.1 billion in 2014. BDO is growingly used in drug formulations. The worldwide BDO-PTMEG-Spandex market witnesses regulation from several agencies, with either financial or environmental guidelines. BDO has attracted many legislative policies & actions regarding its safe adoption.

THF is a key BDO derivative. It experiences catalyzed polymerization to produce polytetramethylene ether glycol (PTMEG). PTMEG refers to a wax-like white solid. It finds applications in the production of polymers like urethane elastomers, polyamides, polymaides, etc. However, one of the key PTMEG uses is the production of elastene/spandex/lycra fiber.

The PTMEG market garnered about USD 2.7 billion in 2014. With regards to value chain, BDO is a key raw material in the production of elastene, with PTMEG as the transitional chemical. Globally, spandex produced about USD 2.1 billion in 2014, with China grabbing nearly 30% volumes that year.

Chief governmental policymakers controlling market dynamics are EPA, FDA, REACH, European Commission, and ECHA. The BDO-PTMEG-Spandex market is classified as per applications and regions. BDO applications comprise polyurethanes, tetrahydrofuran (THF) and gamma-butyrolactone (GBL), among some others.

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THF was the biggest BDO segment in 2014. It occupied nearly half of the total volumes the same year. Urethanes, spandex, and copolysters eslatomers (COPE) are the applications of PTMEG. Spandex dominated the PTMEG market in 2014, with over 75% of the global incomes. Textiles were the leading end-user of elastene in 2014.

‘Medical & hygiene’ followed textiles that year. Augmenting hygiene & safety standards across healthcare amenities should complement this segment in the near future. Regions wise, the market is divided into Asia Pacific, North America, Europe, and Central & South America.

In 2014, North America contributed 11.6%, 17%, and 11.3% of the overall PTMEG, BDO, and spandex volumes respectively. The region is marked by adherent policies on human health & ecology. Asia Pacific dominated the market in 2014 regarding the largest sales & consumer base.

Key companies in the global BDO-PTMEG-Spandex market consist of Invista, Dairen Chemicals, DuPont, BASF, and Ashland. Market earnings are shared by highly integrated firms. By placing themselves through the value chain, these firms meet the requirements of different end-users and application segments.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

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[specialtyfinechemicals]

Global Bio Succinic Acid Market Analysis, Size, Share, Growth and Forecast To 2020: Hexa Research

Conventionally, succinic acid was produced from petroleum raw material which was an expensive process with hazardous emissions resulting in restricted usage in health care, home & personal care industry. Hence, key market players including Succinity, BioAmber and Reverdia recently invested in R&D to produce succinic acid from bio based raw materials. These raw materials are cost effective and resulted in lowering succinic acid prices in the global market. Favorable regulatory norms are expected to be the key driving force for bio succinic acid market over the forecast period. It is used in food & beverages, personal care and chemical industry. Bio succinic acid market witnessed strategic partnerships with leading chemical companies focusing on reducing overall production costs.

The major factor affecting the acid growth is the substitution of maleic anhydride which is costly and has uncertain availability for manufacturing of 1,4 butanediol and derivatives including polybutylene terephtalate, gamma-butryolactone and tetrahydrofuran. Cost effective production gives an upper hand to bio succinic acid over MAN in production of BDO.

Browse Detail Report with TOC @https://www.hexaresearch.com/research-report/bio-succinic-acid-industry

Application Insights

BDO was the leading application segment and accounted for over 30% in 2012. Other applications include polyester polyols, plasticizers, PBS/PBST and alkyd resins. The acid is used in food and beverage industry and pharmaceutical industry as an acid regulator. The market is expected to pose a threat to conventional petrochemical products including MAN on the industrial level and is expected to have a positive effect on the application market. Leather industry and engineering plastics are the major BDO and polyurethane end-use industries. Growing bioplastics consumption in industries is expected to increase bio succinic acid demand in plastic manufacturing companies where, polybutylene succinate (PBS) is a major raw material for bioplastics manufacturing. Bio succinic acid is being increasingly used in polyester polyols manufacturing as a renewable substitute to adipic acid which is expected to fuel market demand.

Regional Insights

Europe emerged as the dominant bio succinic acid regional market and accounted for over 45% of the total market in 2012. Favorable regulatory norms and preferable environment for bio based product development in the region is expected to have a positive impact on the bio succinic acid market. Asia Pacific is expected to be the fastest growing bio succinic acid market owing to rapid industrialization and growing chemical industry especially production of polyester polyols, plasticizers and alkyd resins in emerging markets including India and China. U.S. DOE classified bio succinic acid among one of the building block chemicals manufactured using biomass which will further augment market demand in North America.

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Table of Contents

Chapter 1 Executive Summary

1.1 Bio-Succinic Acid - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Bio-Succinic Acid Industry Outlook

2.1 Market Segmentation

2.2 Market Size and Growth Prospects

2.3 Market Dynamics

2.4 Bio-Succinic Acid Value Chain Analysis

2.5 Key Opportunities Prioritized

2.6 Bio-Succinic Acid - Company Market Share Analysis

2.7 Bio-Succinic Acid - PESTEL Analysis

2.8 Bio-Succinic Acid Addressable Market Potential

2.9 Conventional Succinic Acid Market Outlook

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