Thursday, 12 March 2015

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.
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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.
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Tuesday, 10 March 2015

Electronic Chemicals Market is Expected to Reach USD 62.92 Billion in 2020

Chemical_Materials
Electronic Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
According to a new market report published by Transparency Market Research “Electronic Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” the global electronic chemicals market was valued at USD 41.02 billion in 2013 and is expected to reach USD 62.92 billion by 2020, growing at a CAGR of 6.2% from 2014 to 2020.
Electronic chemicals are chemicals employed in the production of electronic components and equipment. Electronic chemicals include chemicals in solid, liquid and gaseous forms. Some of the raw materials used in the production of electronic chemicals include silicon, fluorine and bisphenol among others.
Demand for electronic chemicals is profoundly dependent on macroeconomic factors such as GDP growth. High growth in emerging economies mainly in the Asia Pacific region has been among foremost factors driving electronic chemicals market growth. There has been surge in demand for smartphone across the globe. Smartphone market that accounted for 22% of the global mobile phone market in 2010, held a 55% share of the market in 2013. Increasing demand for smartphone is among major factors driving demand for electronic chemicals. There has been a surge in the global solar energy market and this trend is anticipated to continue during the forecast period. Increasing consumer awareness coupled with government incentives to promote the use of solar energy is expected to drive solar energy market growth. High growth in solar energy market is anticipated to drive demand for electronic chemicals during the forecast period. Hybrid electric vehicles are expected to offer huge growth opportunity for electronic chemicals market during the forecast period.
Based on the product segment, electronics chemicals market has been bifurcated into six segments: wafers, gases, CMP, wet chemicals, photoresists and others. Wafers dominate the global electronic chemicals market and this trend is anticipated to continue during the forecast period. CMP is expected to be the fastest growing product segment for the next six years. Based on its applications, electronic chemicals market has been segregated into three application segments: semiconductors & IC, PCB and others. In 2013, semiconductors & IC dominated the global demand for electronic chemicals and this trend is expected to continue during the forecast period. PCB is anticipated to be the fastest growing application segment during the forecast period.
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Asia Pacific dominated the global electronic chemicals market with market share of over 60% in 2013, this trend is anticipated to continue for a foreseeable future. North America was the second largest market for electronic chemicals in 2013 followed by Europe. Demand for electronic chemicals in North America is anticipated to grow at a sluggish rate during the forecast period primarily owing to market saturation in several end user industries. Moreover, increasing number of environmental regulations is expected to hamper market growth in North America and Europe. RoW is anticipated to be the fastest growing region for electronic chemicals market for the next six years. High growth in the developing economies of South America and Africa is anticipated to drive demand for electronic chemicals in the RoW region.
The top five players in the electronic chemicals market constitute over 30% of the global market share. Major players in the electronic chemicals market include Albemarle Corporation, BASF SE, Bayer MaterialScience, Huntsman Corporation and The Dow Chemical Company.
This report segments the global electronic chemicals market as follows:
Electronic Chemicals Market - Product Segment Analysis
Wafers
Gases
CMP
Wet Chemicals
Photoresists
Others (Including Low k dielectric, etc.)
Electronic Chemicals Market - Application Analysis
Semiconductors & IC
PCB
Others (Including Memory disks, etc.)
Electronic Chemicals Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the World
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Monday, 9 March 2015

Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market is Expected to Reach USD 61.17 Million and USD 47.64 Million Respectively in 2020

Chemical_Materials
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Transparency Market Research has released a new market report titled “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global sodium acetate trihydrate market was valued at USD 42.93 million in 2013 and is anticipated to reach USD 61.17 million by 2020, expanding at a CAGR of 5.2% between 2014 and 2020. The global sodium acetate anhydrous market was valued at USD 35.27 million in 2013 and is expected to reach USD 47.64 million by 2020, growing at a CAGR of 4.4% between 2014 and 2020.
Increasing demand for sodium acetate trihydrate and sodium acetate anhydrous from end-user industries across the globe is the driving sodium acetate market. Food, leather tanning and medical & pharmaceuticals are among the major applications of sodium acetate trihydrate and sodium acetate anhydrous. However, the availability of large number of substitutes such as sodium citrate, benzoic acid and calcium sorbate especially for food and pharmaceutical applications is likely to hamper market growth. Novel applications of sodium acetate are anticipated to offer new opportunities in the market in the near future. 
Leather & textiles, the largest end-use industry segment for sodium acetate trihydrate, dominated the global market and accounted for over 35% of the total volume in 2013. Sodium acetate trihydrate is used extensively in the leather and textile industry as a pickling and buffering agent. It is also used as a mordant in dyeing of textiles. Leather & textiles was followed by medical & pharmaceuticals, which is expected to grow at a CAGR of about 6% in terms of revenue from 2014 to 2020. Sodium acetate trihydrate is used in the medical & pharmaceuticals industry as an electrolyte. It is used in dialysis and in mineral drinks. Sodium acetate trihydrate is also used as a phase-change material in heating pads. The demand from food industry for sodium acetate trihydrate is growing at a sluggish rate due to availability of large number of substitutes. 
Leather & textiles emerged as the largest end-use industries of sodium acetate anhydrous in terms of volume and revenue in 2013. Medical & pharmaceuticals was the second largest consumer of sodium acetate anhydrous and accounted for over 28% of the global sodium acetate anhydrous market in 2013. Sodium acetate anhydrous is widely used in drug formulations and intravenous fluids. The demand of sodium acetate anhydrous in the food industry is expected to reach USD 7.56 million by 2020. Other end-use industries in the sodium acetate anhydrous market include agriculture, detergents, polymers, etc.
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Asia Pacific led the global sodium acetate trihydrate and anhydrous market in terms of volume and revenue in 2013. Asia Pacific accounted for over 55% of the global sodium trihydrate market in terms of volume in 2013. This can be attributed to the large number of leather tanning facilities in the region. North America emerged as the second largest market of sodium acetate and anhydrous market in 2013. The high demand for sodium acetate anhydrous in the North America medical and pharmaceuticals industry is expected to augment the growth of the market in the near future. The European sodium acetate trihydrate market was valued at just under USD 8 million in 2013. The demand of sodium acetate trihydrate is significant in Europe owing to high demand from Spain and Italy from leather & textile industries. The Rest of the World market is expected to grow at moderate rate during the forecast period.
The global sodium acetate and trihydrate industry is highly fragmented in nature; there is no clear leader in the market. Major industry participants in the market include Allan Chemical Corporation, CABB GmbH, Changshu Nanhu Chemical Co., Ltd., Fujian Fukang Pharmaceutical Co. Ltd. and Karn Chem Corporation.
This report segments the global sodium acetate trihydrate and sodium acetate anhydrous market as follows:
Sodium Acetate Trihydrate Market - End-use Industries Analysis
Leather & textiles
Food
Medical & Pharmaceuticals
Others (Including, Agriculture, Detergents, Photography, etc.)
Sodium Acetate Trihydrate Market - Regional Analysis
North America
Europe
Russia
Rest of Europe
Asia Pacific
Rest of the World
Sodium Acetate Anhydrous Market - End-use Industries Analysis
Leather & textiles
Food
Medical & Pharmaceuticals
Others (Including, Agriculture, Detergents, Photography, etc.)
Sodium Acetate Anhydrous Market - Regional Analysis
North America
Europe
Russia
Rest of 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.
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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 
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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 Vinyl Acetate Monomer (VAM) Market is Expected to Reach USD 9.26 Billion in 2020

Chemical_Materials
Vinyl Acetate Monomer (VAM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Transparency Market Research has published a new report titled “Vinyl Acetate Monomer (VAM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” According to the report, global market for vinyl acetate monomer was valued at USD 6.82 billion in 2013 and is anticipated to reach USD 9.26 billion in 2020, expanding at a CAGR of 4.5% between 2014 and 2020.
The market for vinyl acetate monomer (VAM) is driven by high demand for adhesives from end-user industries such as construction, automotives and furniture. Moreover, the global vinyl acetate monomer market is driven by increasing demand for VAM copolymers from paints and coatings industry. Vinyl acetate monomer (VAM) is one of the key polymers used in manufacture of adhesives and emulsions. Increasing demand for ethylene-vinyl acetate and ethylene-vinyl alcohol from solar PV cells and the food packaging industry respectively are likely to provide better opportunities for the vinyl acetate monomer (VAM) market over the forecast period. However, highly volatility of raw material prices, limited technology and over production in the market is anticipated to hinder the growth of the market in near future.
Application segments such as polyvinyl acetate (PVA/PVAc) and polyvinyl alcohol (PVOH) exhibited the highest demand for vinyl acetate monomer (VAM) in 2013. Both polyvinyl acetate and polyvinyl alcohol are commonly used in the production of adhesives, paints and coatings and also in the paper industry. Ethylene-vinyl acetate demand accounted for around 7% in the vinyl acetate monomer market in 2013. The demand for ethylene-vinyl acetate is likely to grow in the near future owing to demand from the packaging and energy industry segments. Ethylene-vinyl acetate, which is required in manufacturing of food packaging films, is estimated to be the fastest growing application in the vinyl acetate monomer market in the next few years. 
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With over 40% share in total demand, Asia Pacific dominated the demand for vinyl acetate monomer in 2013. The region is projected to demonstrate latent growth for the vinyl acetate monomer (VAM) market during the forecast period. In terms of market share, Asia Pacific was followed by Europe and North America, both of which are projected to exhibit relatively slower growth numbers for the vinyl acetate monomer market during the forecast period. The demand for vinyl acetate monomer is increasing slightly in North America region due to an increasing demand from the adhesives and packaging industries. Rest of the World is anticipated to witness stable demand for vinyl acetate monomer between 2014 and 2020. 
The report provides a comprehensive view of the vinyl acetate monomer market in terms of volume and revenue. Additionally, the report includes current demand analysis and forecast for applications in North America, Europe, Asia Pacific and Rest of the World. The report comprises the following segments:
Vinyl Acetate Monomer (VAM) Market - Application Analysis
Polyvinyl acetate (PVA/PVAc)
Polyvinyl alcohol (PVOH)
Ethylene-vinyl acetate (EVA)
Ethylene-vinyl acetate (EVOH)
Others (Including vinyl acetate ethylene, etc.)
Vinyl Acetate Monomer (VAM) Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the World
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Global Microencapsulation Market is Expected to Reach USD 9.13 billion by 2020

Chemical_Materials
Transparency Market Research  has published a new market report titled “Microencapsulation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. According to the report, the microencapsulation market was valued at USD 4.77 billion in 2013 and is likely to reach USD 9.13 million by 2020, expanding at a CAGR of 9.7% during the forecast period from 2014 to 2020. 
Key factors driving the global microencapsulation market include rising demand for functional foods, increasing acceptance of specialty detergents and growth of the pharmaceuticals industry. Properties of microencapsulation such as sustained release, targeted delivery and protection of core ingredients in the encapsulating shell are responsible for numerous applications of this technology. However, capital-intensive research to select the most suited technology and appropriate shell material required for microencapsulation adds to the cost of the already expensive technology. This is anticipated to hamper market growth during the forecast period. Newer applications of microencapsulation in paints & coatings in order to enhance their functionality are estimated to offer opportunities for the growth of the microencapsulation market during the forecast period.
Pharmaceuticals was the largest application segment of microencapsulation, accounting for over 65% share of the market in 2013. Controlled and sustained release of active ingredients, masking chemical odors and targeted drug release and delivery are some of the key parameters driving the high demand for microencapsulated pharmaceuticals. However, household products and food additives are projected to be the fastest growing markets during the forecast period. Changing consumer preference towards functional foods such as dietary supplements and probiotics is expected to drive demand for microencapsulation in the food additives market. Additionally, higher demand for fragrant detergents and antimicrobial cleaning agents for household usage is anticipated to augment the growth of the microencapsulation market during the forecast period.
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Regionally, North America and Europe were the largest markets for microencapsulation, in 2013. However, Asia Pacific is estimated to witness the fastest growth during the forecast period, due to rising demand for microencapsulation in numerous applications such as food, pharmaceuticals and detergents. Additionally, growth of the microencapsulation market is projected to be in tandem with development of these application industries, within the forecast period. Asia Pacific is expected to grow at a CAGR of over 10.5% within the forecast period.
The microencapsulation market is highly fragmented in nature owing to the presence of numerous small and medium scale industries. Companies such as GAT Microencapsulation, Lipo Technologies, Balchem Corp, Encapsys, BASF, 3M, Evonik, Aveka Inc., Microtek Laboratories Inc., TasteTech LtdReed Pacific and Ronald T Dodge Co are some of the renowned companies operating in the market.
The report segments the global microencapsulation market as follows:
Microencapsulation Market - Application Analysis
Pharmaceuticals
Household products
Food additives
Agrochemicals
Others (Specialty and commodity chemicals for industrial markets, etc.)
Microencapsulation Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)
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