Showing posts with label Global Industry Analysis. Show all posts
Showing posts with label Global Industry Analysis. Show all posts

Thursday, 12 March 2015

Medical Adhesives and Sealants Market is Anticipated to Reach USD 11.75 Billion by 2020

Chemical_Materials
Medical Adhesives and Sealants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
According to a new market report published by Transparency Market Research “Medical Adhesives and Sealants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the global medical adhesives and sealants market was valued at USD 6.39 billion in 2013 and is expected to reach USD 11.75 billion by 2020, growing at a CAGR of 9.2% over the forecast period from 2014 to 2020. The global medical adhesives and sealants market volume was 1,244.7 kilo tons in 2013.
The market is estimated to grow at a fast pace owing to the rising adoption of medical adhesives and sealants aided by their beneficial characteristics such as ease of use, time efficiency and aesthetics. Increasing number of medical ailments associated with the rising ageing population across the world is expected to be major driver for the medical procedures, which require medical adhesives and sealants, in the years to come. 
Medical adhesives and sealants can be classified based on product types into following segments – acrylic, silicone, cyanoacrylate, polyethylene glycol, other synthetic (Polyisobutylene, polyurethane, epoxy) collagen, fibrin, albumin and other natural (Lysine, cellulose, amino acid derivatives). Acrylic products were the dominant segment with over 30% of the global demand in 2013. Collagen products were the second largest segment and expected to grow at a high CAGR of about 9% between 2014 and 2020. Polyethylene glycol and cyanoacrylate product were the fastest growing segments due to recent successes in development of formulations suitable for internal medical applications.
Key applications for medical adhesives and sealants include internal, external and dental applications. Internal applications include surgical tissue sealing, hemostats, blood clotting and implant mounting among others. Internal applications accounted for the largest share of almost half of the total market in 2013. External applications include wound care, suture, medical tapes, and contact medical devices such as syringe, electrodes, catheters, etc. Dental applications are expected to witness limited gains over the forecast period owing to rising awareness related to preventive oral care through regular brushing and flossing.
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The global medical adhesives and sealants market was dominated by North America in 2013 due to access to advanced technologies and awareness about benefits of medical adhesives and sealants among users. The market is expected to witness robust growth in Asia Pacific due to growing medical tourism and rising awareness. Europe was the second largest market for medical adhesives and sealants with a market share of about 30% in terms of volume demand.
Baxter International, Denstply Limited, 3M Company, CryoLife Inc., Henkel AG and Johnson and Johnson are some of the leading medical adhesives and sealants suppliers across the world. The top four players accounted for more than 49% of the market in terms of revenue.
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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
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Global Synthetic Paper Market is Expected to Reach USD 338 million by 2020

Chemical_Materials
Synthetic Paper Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Transparency Market Research has released a new market report titled “Synthetic Paper Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. According to the report, the global synthetic paper market was valued at USD 212.7 million in 2013 and is anticipated to reach USD 338 million by 2020, expanding at a CAGR of 7.0% between 2014 and 2020. In terms of volume, the global synthetic paper market stood at 105.3 kilo tons in 2013.
The growing demand for synthetic paper from the tag and label industry is expected to augment its market growth. Physical characteristics such as durability and high tear resistance, along with superior chemical properties, makes synthetic paper ideal for labeling applications over natural paper. In addition, synthetic papers exhibit excellent printing performance that makes them suitable for a wide range of non-labeling applications. Currently, synthetic paper is used to manufacture menu cards, maps and outdoor signs, among others. However, the volatility in raw material prices is expected to restrain the market growth in the future. Synthetic resins are a crucial raw material for synthetic paper manufacturing. Resin costs typically account for 50-60% of the final value of a synthetic paper. Hence, any fluctuation in raw material prices directly affects the retail price of synthetic papers.
Key product segments of synthetic paper include biaxially oriented polypropylene and high-density polyethylene. The versatility and cost effectiveness of biaxially oriented polypropylene film play a key role in its overall appeal to synthetic paper manufacturers, thus challenging the market share of other types of synthetic paper. Biaxially oriented polypropylene accounted for over 60% of the global synthetic paper market in 2013, followed by high-density polyethylene and other synthetic resins. High-density polyethylene synthetic paper is primarily used due to its low initial material cost and excellent chemical resistance. 
Labels and non-labels are the primary applications of synthetic paper. Non-label was the largest application segment, accounting for just under 60% share of the global market in 2013. The non-labels segment comprises traditional synthetic paper products such as maps, charts, graphic arts, and banners. Synthetic papers are UV, chemical, water and oil resistant, which makes them ideal for a wide variety of outdoor and indoor applications. The labels segment includes wrap-around labels, in-mold labels, shrink labels, pressure-sensitive labels, cut and stack labels. 
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With over 35% of the market share, Asia Pacific dominated the global synthetic paper market in 2013. The growing demand from end-user industries, especially from the cosmetics and chemicals industries, is expected to drive the market in the coming years. The shortage in raw material supply to Europe and the ongoing economic crisis are expected to decrease its market share in the near future. The pharmaceutical sector dominated the synthetic paper market in Europe. North America and RoW followed Europe with a combined share of approximately 33% in 2013.
The global synthetic paper market is highly concentrated as the top three players accounted for nearly 83% of the market in 2013. Key players in the global synthetic paper market include Yupo Corporation, PPG Industries, Arjobex, DuPont, Hop Industries, Tagleef Industries, Nan Ya Plastics Corporation and American Profol.
About us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
Contact us:
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Latin America Adhesives and Sealants Market for Building and Construction Applications is Expected to Reach USD 253 Million and USD 83.6 Million Respectively by 2020

Chemical_Materials
Latin America Adhesives and Sealants Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
According to a new market report published by Transparency Market Research titled “Adhesives and Sealants Market - Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the Latin America adhesives market was valued at USD 163.9 million in 2013 and is estimated to reach USD 253 million by 2020, growing at a CAGR of 6.3% between 2014 and 2020. The Latin America sealants market was valued at USD 56.4 million in 2013 and is likely to reach USD 83.6 million by 2020, growing at a CAGR of 5.8% between 2014 and 2020.
Economic growth and government expenditure on infrastructure development in emerging economies such as Brazil, Colombia, Mexico and Argentina are likely to boost the market for adhesives and sealants during the forecast period. However, the volatility in raw material prices coupled with environmental concerns regarding the use of synthetic (petroleum-based) adhesives and sealants could to hinder the market growth over the forecast period. In order to reduce the reliance on synthetic adhesives and sealants, major manufacturers such as The Dow Chemical Company, Henkel and Danimer Scientific LLC among others have been shifting their focus towards developing bio-based adhesives and sealants over the past few years.
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Acrylic and polyvinyl acetate (PVA) based adhesives together accounted for more than 40% of the total Latin America adhesives market for building and construction in 2013. These adhesives find wide applications in the construction industry for roofing, paneling, laminates, structural as well as non-structural assemblies among others. Owing to its fast setting properties, acrylic-based adhesives are anticipated to be the fastest growing market and are likely to grow at an estimated CAGR of 6.3% between 2014 and 2020. The sealants market was dominated by acrylic-based sealants and accounted for over 20% of the total regional demand in 2013. Growing construction activities, mainly in Brazil and Argentina, are expected to fuel the market for sealants in Latin America over the forecast period.
Water proofing systems emerged as the largest consumer of adhesives as well as sealants in the Latin America building and construction market in 2013. It is also expected to be the fastest growing market for both adhesives and sealants over the forecast period. Growing foreign investments into Brazil have spurred the growth in infrastructure development in the Latin American countries. Brazil hosted FIFA World Cup 2014 and is scheduled to host the Olympics in 2016. These global sporting events are likely to ensure continuous demand for sealants from the construction industry in Brazil.
About us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
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Monday, 9 March 2015

Natural Oil Polyol Market is Expected to Reach USD 7.22 Billion in 2020

Chemical_Materials
Natural Oil Polyol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
According to a new report published by Transparency Market Research “Natural Oil Polyol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the global demand for natural oil polyol market was valued at USD 3.88 billion in 2013 and is expected to reach USD 7.22 billion in 2020, growing at a CAGR of 9.3% between 2014 and 2020.
Polyols are the most important raw material required to manufacture polyurea and polyurethane. The chemical properties of polyol determine the end-use suitability of polyurethanes. Traditionally, polyol has been a downstream derivative of petroleum. However, natural oil polyols derived from plant oils have made steady headway into the market. Natural oil polyols increase the bio-content of polyurethane which results in higher renewable carbon content of the product. Different plant oil polyols have separate properties and are suitable for differentend use applications.
Natural oil polyols can be segregated into soy oil polyol, castor oil polyol, palm oil polyol, canola oil polyol, sunflower oil polyol and others by product type. Soy oil polyol is the most widely used natural oil polyol in the world with high demand from North America and Europe. Castor oil polyol is the sole commercially produced oil, which is naturally polyol and accounts for the second largest demand globally. The market dynamics of the different natural oil polyol types are regulated by their availability in different geographical regions.
Demand for environmentally sustainable alternatives for petroleum derived polyol and advancement in natural oil polyol manufacturing technologies have augured well for the natural oil polyol market. Moreover, the exemplary rise in petroleum price over the last decade has narrowed down the price gap between natural oils and crude oil, thereby improving commercial viability of natural oil polyols. However the major restraining factor for the market is the high growth of natural oil prices. Crop output is also dependent on local agricultural and environmental conditions, which results in certain uncertainty on annual crop production. As most of the natural oil polyol raw materials are mainly used as edible oil, drop in production increases raw material costs. The global natural oil polyol market is expected to exhibit a higher growth rate compared to conventional polyols. The market is expected to grow at a CAGR of 7.1% by volume between 2014 and 2020.
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With about 45% of the market share, North America accounted for the largest demand of natural oil polyol in 2013. The market in North America is dominated by soy oil polyol as it is the most abundant raw material in the region. The Europe market is also dominated by soy oil polyol. However Asia Pacific region, which is expected to grow at a substantially quicker CAGR, is dominated by castor oil polyol and palm oil polyol.
The report gives an in-depth analysis of the natural oil polyol market in terms of volume (kilo tons) and revenue (USD million). In addition, the report also includes current demand analysis and forecast for each product and application segments for both global and regional level. The regions analyzed include North America, Europe, Asia Pacific and Rest of the World. 
The report comprises of the following segments:
Natural Oil Polyol Market - Product Segment Analysis
Soy oil polyol
Castor oil polyol
Palm oil polyol
Canola oil polyol
Sunflower oil polyol
Others (Including olive oil polyol, corn oil polyol, mustard oil polyol, etc.)
Natural Oil Polyol Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the World 
About us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
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