Tag Archives: Chemicals

Pressemitteilungen

Cepsa presents its unique LAB plant worldwide at CESIO 2019

-The Puente Mayorga Chemical Plant is being upgraded to make it the first in the world to replace HF technology with the Detal system
-Cepsa, the global leader company in LAB production, presented this project at CESIO 2019,the the biggest international surfactants congress
-In 1969, this facility was the world“s first LAB plant with HF technology. Fifty years later, it is being upgraded with the best technology available, developed by Cepsa and UOP.

Cepsa is upgrading one of its most emblematic chemical plants, located in Puente Mayorga (Cadiz, Spain), making it the first linear alkyl benzene (LAB) facility in the world to replace hydrofluoric (HF) technology with the Detal process, resulting in a more efficient and sustainable operation.
The company presented this project at CESIO 2019, the largest international surfactant congress. With an investment of EUR100 million, Cepsa plans to revitalize the plant, making it the first in Europe and the second in the world to use a cutting-edge fixed-bed Detal catalyst (the first plant to have this innovation was the company’s Canadian facility).

The new plant will be completed in 2020. The new technology will allow production of all commercial LAB grades (high and low 2-phenyl) in the same installation, with total flexibility, depending on the demand. This versatility allows the company to meet the specific demands of each client. Detal technology, in addition to improving the quality of the product, will increase the efficiency of the plant and reduce its emissions, since it requires lower consumption of natural gas and electricity.

Furthermore, the digital transformation programs designed by the company will also be installed. The YET (Yield, Energy and Throughput) system, an artificial intelligence program and the application of Industry 4.0 technologies (machine learning, big data and advanced analytics), will optimize processes and improve the plant’s energy efficiency.

This process will also allow the plant“s LAB production capacity to increase by 50,000 tons (a 25% increase), with the aim of supplying the growing consumption of emerging economies in Africa. The company estimates that between now and 2035, the demand for LAB in these countries will grow by 5% annually.

During the presentation of the project at CESIO 2019, Salvador García Claros, Director of Development and Innovation of the chemical area of Cepsa, pointed out: „we are world leaders in both the production of LAB and the development of the best technology to produce it, used in more than 80% of the new plants that are built worldwide. Our experience and leadership have now led us to be the first to install Detal technology in a plant built for HF. We are convinced that this upgrade will bring greater competitiveness to this plant, as well as increasing our capacity to meet the growing surfactants demand“.

LAB is the precursor to linear alkylbenzene sulfonate (LAS), the world’s most widely used biodegradable surfactant in laundry detergents. LAS was launched more than half a century ago and its excellent properties make it a necessary ingredient both in traditional detergent formats (powder or detergent bars) and in more sophisticated products (single-dose capsules or high-concentration liquid detergents).

50 years of innovation and commitment

50 years on from its original construction, this upgrade will enable the Puente Mayorga chemical plant to regain its status as an outstanding facility in the field of surfactants, both in terms of technology and sustainability. Half a century of history in which innovation and commitment to the environment have always gone hand in hand:

– 1969: Production begins at the Puente Mayorga facility, the first in the world to produce LAB using HF technology. It contributes to the replacement of the surfactants common in that period, branched alkylbenzenes (TPB; tetrapropylene benzene), both harmful to the environment due to their slow biodegradability and responsible for the formation of foams in rivers and lakes.
– 1995: Cepsa installs Detal technology at its chemical plant in Canada, the most efficient, safe and sustainable technology to produce LAB with a fixed bed catalyst. The company developed this technology together with Universal Oil Products (UOP) and previously tested it in a semi-industrial unit of the Puente Mayorga Chemical Plant.

– 2009: Thanks to their continuous investment in R+D+i, Cepsa and UOP make a breakthrough in their technology: Detal-Plus, an evolution that incorporates a transalkylation process, whose main advantage lies in decreased consumption of raw materials.

– 2019: By revamping its Puente Mayorga Chemical Plant, Cepsa reaffirms its position as a leading innovator in the sector. The innovations in this project include the replacement of the HF technology with the Detal Flex 2 Phenyl technology, once again making it one of the sector“s leading facilities.

Cepsa Chemicals

Cepsa“s Chemicals unit has plants in Germany, Brazil, Canada, China, Spain and Indonesia, and markets its products worldwide. The company is a global leader in the manufacture of raw materials such as LAB and cumene and is the world“s second largest producer of phenol and acetone.
Cepsa“s chemicals operations are highly integrated with its refining business. This allows it to produce high value-added products that are used as raw materials for other industries with multiple end uses: high technology plastics, biodegradable detergents, synthetic fibers and pharmaceutical products, among others. www.cepsa.com

Company-Contact
Cepsa
Marta Llorente Señorans
Cepsa Tower, Paseo de la Castellana 259
28046 Madrid
Phone: (+34) 91 337 62 02
E-Mail: medios@cepsa.com
Url: http://www.cepsa.com

Press
Lermann Public Relations
Sylvia Lermann
Enzianstr. 2c
85591 Vaterstetten
Phone: 08106-300 899
E-Mail: sylvia@lermann-pr.com
Url: http://www.lermann-pr.com

Bildquelle: Cepsa

Pressemitteilungen

Foliar Fertilizer Market Witnessing Increasing Penetration of Nitrogen-based Variants; Global Demand to Surpass 3 Million Metric Tons by 2028, says Fact.MR

Foliar fertilizers are steadily gaining ground in the agriculture industry as an effective multifaceted solution to enhance plant vitals. Increasing importance of crop nutrition, backed by the rising government initiatives continues to influence the demand for foliar fertilizers. Sales of foliar fertilizers are expected to increase on the back of the increasing demand for agricultural produce worldwide. These insights are according to a new study on foliar fertilizer market by Fact.MR. According to the report, demand for foliar fertilizer is projected to expand at a CAGR of 4.0% with respect to volume during the period of forecast, 2018-2028. Steady demand for foliar fertilizer is likely to translate into significant sales volumes crossing 3,400,000 metric tons by the end of the assessment period.

Effective training programs provided by the governments regarding the use of foliar fertilizer continues to remain instrumental in driving the foliar fertilizer sales worldwide. Moreover, subsidy provisions by governments in fertilizer space has translated into increased farmer confidence in using the foliar fertilizer, says the report. For instance, the government of India has declared a subsidy of around US$ 10,000 Mn in 2018 encouraging the farmers to improve the agricultural yield. Rising awareness regarding benefits of foliar fertilizer is expected to contribute to the growing sales volumes of the product in the coming years.

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Foliar fertilizer sales with nitrogen composition are likely to be on an upswing on the back of the growing demand for the nutrient in crop rejuvenation. Nitrogen, a key element in crop health, facilitates efficient photosynthesis, protein production and overall plant physiology. Fact.MR report opines that sales volume of foliar fertilizer with nitrogen composition is estimated to cross 1,800,000 metric tons by 2019 end. On the contrary, the demand for potassium foliar fertilizer is projected to grow at a relatively rapid pace in the light of high pest and disease resistance and fruit quality enhancing properties. Potassium foliar fertilizer also facilitates rapid formation and movement of sugars, starches and oils in crops, in turn, enhancing the plant nutrition.

Sales of mineral foliar fertilizer are expected to gain increasing momentum across key regional markets. Mineral foliar fertilizer are expected to account for a major share in the overall foliar fertilizer market as compared to the organic foliar fertilizer. However, organic foliar fertilizer is expected to gain traction on the back of larger profit margins that they offer. Against this backdrop, manufacturers and suppliers of organic foliar fertilizer are introducing new products. For instance, Gronn Gjodsel AS has introduced Pepton 85/16, an organic foliar fertilizer featuring high nutritional content.

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The demand for foliar fertilizer in enhancing fruits and veritable health is expected to soar at a significant pace during the period of forecast. However, sales of foliar fertilizer for cereals and grains are expected to account for a larger value and volume share in the foliar fertilizer market.

Sales of foliar fertilizer are likely to remain concentrated in the Asia Pacific excluding Japan (APEJ) region, particularly in the emerging economies of China and India. The APEJ region’s growing agriculture industry coupled with the increasing population rates are expected to create avenues for foliar fertilizer manufacturers, according to the report. In addition, the demand for foliar fertilizer in Latin America, particularly in Brazil, Mexico and Argentina, is projected to expand at a robust rate throughout the forecast period.

Albeit nutritional benefits, foliar burn is expected to challenge the growth of the foliar fertilizer market. Foliar fertilizer feeding permits the nutrients to enter the vascular system of the plant through direct stem and lead absorption. However, improper foliar fertilizer application, can be detrimental to the plant’s health. In bright sunlight, application of foliar fertilizer can result in foliar burns owing to liquid deposition on leaf, resulting in heat amplification. This aspect is likely to dent farmers’ confidence about foliar fertilizer and impact the sales.

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Pressemitteilungen

Elastomers to Lead the Polydimethylsiloxane (PDMS) Demand, APEJ Helming the Global Market, Reveals Fact.MR

Under the prominent influence of macro- and microeconomic factors, the polydimethylsiloxane (PDMS) market is anticipated to witness a steady growth trajectory in the coming decade, as per Fact.MR valuation. The chemical sector is expected to witness an opportunistic outlook in 2018 against the aftermath of ameliorating global economy. In particular, widespread use of surfactants that prominently contain polydimethylsiloxane has propelled the surfactant chemical market, in turn, driving the growth of the polydimethylsiloxane market.

Fact.MR has recently published a new report on the polydimethylsiloxane (PDMS) market that envisages a persistent progress of the market with a CAGR of 4.1% during the forecast period of 2018 – 2028.

An extensive list of end-user applications including industrial process, construction, automotive, electronics, cosmetics, personal care, healthcare and oil & gas among others, PDMS is expected to witness a steady adoption rate. Especially, rising demand for an antifoaming agent, lubricant, polymer additive and mold release agent in multiple industrial processes is estimated to present the leading demand for PDMS by 2028 end.

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The construction and transport industry segments are estimated to report the highest revenue generation and expand 1.5X and 1.4X during the forecast period, respectively. Increasing demand for PDMS as an adhesive and a sealant in the automotive, aerospace and shipping applications is, in turn, driving the growth of the PDMS market during the forecast period.

Considering the polydimethylsiloxane types, the elastomers segment is estimated to report highest market revenue by contributing to over half of the total volume sales by 2028 among all segment types against the backdrop of growing demand expected to come from the automotive industry, electronic products, medical consumables and other consumer products. PDMS fluids are expected to follow the trail with almost 30% of the volume sales by 2028 end on account of growing demand for lubricants and emulsions in the industrial process and personal care industry.

While Western Europe is expected to report a considerable share of global production and consumption of polydimethylsiloxane during the forecast, PDMS market in Europe and North America are observed to be mature markets and witness a staggering growth rate during the forecast.  APEJ, on the other hand, is projected to helm the PDMS market by reporting highest production and consumption during the forecast on the account of rapidly expanding construction, personal care and electronic manufacturing industries and presence of a fistful of polydimethylsiloxane manufacturers, particularly in China.

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Amid the challenges of government regulations and trade tariffs on PDMS raw materials, the polydimethylsiloxane market in China is expected to dominate the APEJ region with the CAGR of about 5.2% during the forecast period. ASEAN and India, coupled with Latin America, are anticipated to register relatively higher growth rates during the review period.

On account of such distinct growth trajectories across regions, manufacturers operating in the polydimethylsiloxane (PDMS) market are channelizing efforts towards strengthening their production capacities and focusing on specific regions to leverage growth opportunities in the untapped avenues of the PDMS market. For instance, industry titans in the polydimethylsiloxane market including Shin-Etsu Chemical Co., Ltd, Elkem ASA and Momentive Performance Materials Inc are adopting business strategies while focusing on the high growth potential markets, such as Asia, Latin America and the Middle East and have established their sales divisions and production facilities in Asia and Latin America.

In addition, product launch is another trending feature in the PDMS market where leading manufacturers are involved in the introduction of new products to win over market competition in the global space. For instance, in 2017, DowDuPont material science division and Momentive Performance Materials launched silicone-based products for home & personal care and cosmetics & skin-care applications, respectively. In 2018, Elkem Silicones and Wacker Chemie AG also introduced new brands for agriculture and cosmetics industry, respectively.

While polydimethylsiloxane is a highly preferred silicone-based organic compound for multiple industry applications, emerging markets of PDMS alternative compounds and environmental regulations are expected to add friction to the adoption trend of polydimethylsiloxane, thereby challenging the market growth during 2018-2028.

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The Chemicals Market Is Growing At An Exponential Rate in Upcoming Years

Global Chemicals industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the global chemicals market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.

For more information about this report visit @ http://www.arcognizance.com/report/chemicals-global-industry-guide-2017

Key Findings

– The chemicals market consists of speciality chemicals, commodity chemicals, agricultural chemicals, and other chemicals (which includes products such as pharmaceutical chemicals). Market values are taken at producer selling price (PSP). Any currency conversions used in the creation of this report have been calculated using constant 2015 annual average exchange rates.

– The global chemicals market is expected to generate total revenues of $4,378.7bn in 2016, representing a compound annual growth rate (CAGR) of 3.9% between 2012 and 2016.

– Commodity chemicals dominate the global market. The prevalence of commodity chemical production is common across the globe as they are typically low-cost and low-skill to produce, however increasing technology and chemical expertise fuelled by increasing investment has resulted in the sustained growth of specialty chemicals

– The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 3.8% for the five-year period 2016 – 2021

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global chemicals market

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global chemicals market

– Leading company profiles reveal details of key chemicals market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the global chemicals market with five year forecasts

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Synopsis 
Essential resource for top-line data and analysis covering the Global Chemicals services market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons to buy

– What was the size of the global oil & gas market by value in 2016?

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– How has the market performed over the last five years?

– What are the main segments that make up the global oil & gas market?

The concluding paragraph of the Chemicals Services market report reveals research findings, results, conclusions. Similarly discloses various Chemicals Services industry data sources, traders/distributors, suppliers, manufacturers, sales channel, and appendix. In a word, the overall Chemicals Services market report is a valuable document for people interested in Chemicals Services market.

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Pressemitteilungen

DINP-based Vinyl Flooring Plasticizer to Record Over 2X Sales Growth than DEHP Counterparts, slates Fact.MR

Vinyl flooring plasticizers, fast-emerging resilient flooring solution, are gaining widespread traction as cost-effective alternatives to natural flooring solutions. One of the largest categories that vinyl flooring plasticizers continue to take share from is carpet flooring in key price sensitive markets, such as multifamily housing, according to a recent Fact.MR study.  The study projects the vinyl flooring plasticizers market to exhibit a modest 3.2% value CAGR through 2027.

The study opines that phthalates will continue to lead the vinyl flooring plasticizers market, with over three-fourth share during the period of forecast, 2018 to 2027, in terms of both value and volume. Among phthalate variants, DEHP is forecast to hold higher volume share of the market, whereas volume sales of DINP will record over 2X rise than DEHP through 2027.

Increasing health concerns and stringent government regulations have encouraged the adoption and demand for bio-plasticizers and non-phthalate-based plasticizers for use in vinyl flooring. End-users are seeking non-phthalates in a bid to ensure sustainability. Although widespread ban on phthalate-based vinyl flooring plasticizers has paved lucrative opportunities for their non-phthalate-based counterparts, higher cost associated with the latter has been impeding their market penetration to a certain extent. However, long-term benefits, such as achieving sustainability goals, and incontestable benefits associated with non-phthalates in terms of temperature and electrical performance, have meant that future prospects of these vinyl flooring plasticizers are likely to be promising,” says a lead analyst at Fact.MR.

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As transparency is become an imperative aspect in the green programs of flooring products manufacturers, their recycling and reclamation efforts are being shifted from the growing emphasis on environment sustainability. It has become incumbent for these manufacturers to play a significant role, not just in curtailing reliance on plastics, but also recapturing waste streams to create recycled products. These aims and efforts of manufacturers have led development and demand for polymer-based flooring solutions, such as vinyl flooring plasticizers.

Emergence of real hardwood flooring has been slackening the penetration pace of vinyl flooring, which can be mainly attributed to the trouble-free and quick installation procedure related to the former. Additionally, release of toxic substances during production of vinyl flooring plasticizers, which have adverse effects on reproductive and respiratory health, is considered to be a key growth deterrent of the vinyl flooring plasticizers market.

However, increased manufacturers efforts on improving the product quality, and robust investments in phthalate-free plasticizers are likely to offset aforementioned impediments. While unfavorable monetary support and regulatory compliance continue to hinder production and demand for vinyl flooring plasticizers in emerging nations, government backing on the residential construction activities, and infrastructure development efforts are likely to undergird the market growth.

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Asia-Pacific (APAC) continues to remain the nesting place for manufacturing of vinyl flooring plasticizers, as the supply of DINP continues to remain tight in light of lower issues for producers in offloading this phthalate-based vinyl flooring plasticizers. Majority of the APAC’s vinyl flooring plasticizers market will remain consolidated in China, complemented by steady demand from India and ASEAN countries.

As the traditionally peak demand trend approaches Asian and European nations, the market prices are likely to remain firm in the near future. Europe continues to prevail as the second most lucrative region for sales of the vinyl flooring plasticizers, led by Germany that accounts for over one-fourth share of the region’s market currently. The vinyl flooring plasticizers market will witness a confined growth in the U.S., against the backdrop of relatively lesser buying appetite for imports compared to domestically produced material.

While raw material suppliers study the science of sustainable plasticizers, manufacturers have capitalized on new emerging technologies to develop products offering increased design flexibility, but reduced ecological impact. Major retailers are encouraging vendors to reformulate products toward less toxic and more sustainable profiles, ahead of government mandates.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Aktuelle Nachrichten Energie/Natur/Umwelt Internationales Pressemitteilungen

Synchronous Motors Market to exceed $21.49 Billion by 2021

The synchronous motors market is expected to grow from an estimated USD 17.83 Billion in 2016 to USD 21.49 Billion by 2021, at a CAGR of 3.8%.  High efficiency associated with synchronous motors, power factor correction capabilities, and stringent regulations are driving the synchronous motors market worldwide. High efficiency associated with synchronous motors makes it superior in comparison to induction motors. This has emerged as a major trend in the synchronous motors market.

Browse 84 market data Tables and 52 Figures spread through 159 Pages and in-depth TOC on „Synchronous Motors Market“
https://www.marketsandmarkets.com/Market-Reports/permanent-magnet-synchronous-motor-market-388719.html

The extraction of oil & gas from deep-water requires differential pressure equipment. These pressure requirements are easily met by highly efficient synchronous motors. With recovery in oil prices and increase in projected demand for oil & gas, oil companies are refocusing on deep-water exploration and production activities. As a result, oil & gas exploration and production focus has shifted from mature onshore fields to offshore oilfields. Chemicals and petrochemicals is another segment contributing to the demand for synchronous motors. In this segment, synchronous motors are used to transport liquid in pressure vessels, pressurizing tanks, for spot cooling, and moulding plastics.

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Among different types of mounting, i.e., vertical and horizontal, horizontal mount synchronous motors accounted for the largest market share in 2015. Horizontal mounted motors are used in the chemical, printing and packaging, and construction industries, among others. These industries are growing rapidly in the developing economies of India, China, and Indonesia which has made the Asia-Pacific the largest market for horizontal mounted synchronous motors.

Asia-Pacific is the largest market for synchronous motors, and will continue to dominate the synchronous motors market during the forecast period. China is leading the regional synchronous motors market, whereas other global key markets include the U.S., India, Germany, Russia, Brazil, and Saudi Arabia. The synchronous motors market in China and India are expected to grow at a high CAGR of 5.1% and 5.1%, respectively, from 2016 to 2021, owing to rise in manufacturing industries and increased awareness about energy efficiency.

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To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the synchronous motors market, namely, ABB Limited (Switzerland), Nidec Corporation (Japan), , Rockwell Corporation (U.S.), Siemens AG (Germany), General Electric (U.S.), WEG S.A. (Brazil), , Toshiba Corporation (Japan), Johnson Electric Holding Ltd. (Hong Kong), Emerson Electric (U.S.), among others.

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Gesundheit/Medizin

India Pipeline Thermal Insulation Materials Sales Anticipated to Increase by 2X through 2026, Reveals New Fact.MR Study

Demand for pipeline thermal insulation materials continues to be on an upswing, as a range of macroeconomic and industry-specific factors turn the tide in the favor of manufacturers. The Government of India’s much-touted ‘Make in India’ initiative, combined with growing injection of capital into infrastructure development activities is also likely to create sustained growth opportunities for pipeline thermal insulation material manufacturers. The overall outlook on the India pipeline thermal insulation materials market remains bullish, and stakeholders can expect momentum to sustain throughout the period of forecast.

Requirement for pipeline thermal insulation materials in West India is likely to increase at a rapid pace underpinned by increasing infrastructure activities in major cities, reveals Fact.MR’s latest study. The report envisages that demand for pipeline thermal insulation materials in India is projected to expand to a meteoric 7.9% CAGR in terms of value during the period of forecast, 2018-2026.

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According to the report, there has been a significant investment in the Government of India, which is expected to increase by about 1.8 times more in 2018 as compared to last year. A US $ 1 trillion investment for development of infrastructure is in the offing which is currently in demand for pipeline thermal insulation materials in India across a cohort of industries in the coming years.

India has become striving for attracting more FDI (Foreign Direct Investment) for facilitating industrial growth. Furthermore, increasing energy costs in a way that makes it easier to save energy. Celsius to 500 degree Celsius. Adoption of pipeline thermal insulation materials in various industries including pharmaceuticals, chemicals, food and beverages, power plant and oil and gas.

Expansion of Indian industrial scenario has demanded minimization in energy consumption along with energy efficiency. In addition, being a lucrative manufacturing hub, India’s manufacturing sector has significantly contributed to the growth of India pipeline thermal insulation materials market. For instance, India’s IIP (Index of Industrial Production) increased by 7.5% in 2017 and is expected to continue growing in the years to follow.

The GVA (Gross Value Added) generated by India’s manufacturing sector thus has an increase of 4.3% during the 2012-2017 timeline. Under the NMP (National Manufacturing Policy), the Government of India aims to improve the share of GDP in the country by about 25% by end of 2022 materials is imperative.

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Expanding chemical and petrochemical sector of India has remained instrumental in driving the demand for pipeline thermal insulation materials. According to government reports, the chemical industry in India in 2017 witnessed an impressive 11 percent growth accounting for a significant percentage in India’s GDP. Against this backdrop, the sales of pipeline thermal insulation materials in the chemical industry are likely to touch US $ 33 Mn by end of 2026 with demand growing at a significant pace during the forecast period, reveals Fact.MR’s intelligence report. In addition, the power plant and oil and gas industries in the country also have picked up speed, providing impetus to the sales of pipeline thermal insulation materials.

Low thermal conductivity, low material cost and ease of installation are the key facets of rock mineral wool – an emerging insulation material. Against this backdrop, rock mineral wool is gaining high traction as an efficient pipeline thermal insulation material across oil and gas, chemicals & petrochemicals and power generation industries. So speeding up in terms of demand are the aerogels and microporous insulation materials. Properties of aerogels and microporous insulators search for low density, low optical index and low thermal conductivity, high compression resistance and long term durability for a wide temperature range. However, high cost associated with these pipelines thermal insulation materials as compared to other counterparts.

Albeit high costs associated with aerogels and microporous insulation, is there a potential problem with other pipeline thermal insulation materials? Write in to find out more on various pipeline thermal insulation materials and their scenario in the indian market.

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Fact.MR is a full-growing suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Pressemitteilungen

Magnesium Nitrate Hexahydrate Market: Revenues in North America to Remain a Shade Better than in Europe

Adoption of magnesium nitrate hexahydrate continues to gain ground as a catalyzing and reducing agent – a trend that is complementing steady demand of the chemical as an oxidizing agent. According to a recent Fact.MR study, over 1,212,000 tons of magnesium nitrate hexahydrate were sold in 2017, with its use as an oxidizing agent poised to account for nearly 40% of volume sales by 2028-end.

The petrochemical industry in the U.S. has witnessed a significant growth in recent years according to the International Energy Agency (IEA). The United States Energy Agency (USEA) foresees the production of petrochemicals in the U.S, to record 20% rise by 2020-end. North American stakeholders in the magnesium nitrate hexahydrate market can leverage the growth opportunities paved by rising production and export of petrochemicals from the U.S.

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Increased government expenditure on the military & defense sector in North America will further underpin adoption of magnesium nitrate hexahydrate in the region, as the chemical witnessed extensive use as stabilizer and catalyst in explosives production. North America’s lead in the magnesium nitrate hexahydrate market in comparison to Europe will be challenged by higher growth rate and opportunity in the latter during the forecast period, according to Fact.MR study. The study has estimated nearly 244,820 tons of magnesium nitrate hexahydrate sales in 2017.

Growth of the magnesium nitrate hexahydrate market in Europe will continue to be sustained by proliferation in use of nitrogen fertilizers, with the FAO estimating 39,484,000 tons of nitrogen fertilizers sales in the region by 2018-end. The European Union has imposed regulations on use of explosives, while delegating norms to add magnesium nitrate hexahydrate to the Annex 2 of EU regulation 98/2013 on the Use and Marketing of Explosives Precursors. This, coupled with the FAO prediction on the agricultural sector’s significant rise in the near future, will continue to drive growth of the magnesium nitrate hexahydrate market in Europe.

Magnesium Nitrate Hexahydrate Market: Pre-eminence of Additives Application to Persist

Additives and explosives manufacturing have prevailed as the target application areas for magnesium nitrate hexahydrate. Demand for magnesium nitrate hexahydrate as additives has traditionally remained higher than in manufacturing explosives, and the status quo is likely to endure over the period of forecast.

The study slates synthetic process and nitromagnesite as prominent manufacturing processes used by stakeholders in the magnesium nitrate hexahydrate market. Albeit pervasiveness of synthetic process’s dominance is set to prevail, nitromagnesite will witness a notably greater demand by manufacturers in the upcoming years.

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Various functionalities of the magnesium nitrate hexahydrate are being leveraged by end-use industries. Primary functions of magnesium nitrate hexahydrate as oxidizing agent and dehydrating agent will continue to lead the market, in terms of both value and volume. Catalyzing agent and reducing agent functions of magnesium nitrate hexahydrate are set to gain higher ground, with their sales rate forecast to remain greater than other functional uses of the chemical through 2028.

Magnesium Nitrate Hexahydrate Market: Opportunities Abound in Latin America

According to the study, magnesium nitrate hexahydrate sales in Latin America will record a relatively faster growth rate over the period of forecast. This growth will be primarily driven by use of this quality chemical as a concrete additive in the region’s rising construction industry. Governments of Latin American countries are implementing infrastructural development plans to promote construction of their commercial as well as residential structures.

Government of Mexico’s National Infrastructural Plan is a prime example of such development efforts. This, coupled with abundant availability of magnesite/magnesium carbonate in Brazil will continue to pave lucrative growth opportunities for growth of the magnesium nitrate hexahydrate market in Latin America, with magnesite being a key raw material for the chemical’s production.

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Isopropanol Market: APEJ to Reign Supreme with Europe on the Trail

From consumer to industrial purposes, isopropanol seeks extensive consumption across a wide range of applications, including personal care & cosmetic products, household products, and industrial sectors such as medical, chemical, and electronics. While being popular as a solvent for use in various industrial processes, isopropanol’s use as a cleaning agent has led the compound to become an imperative ingredient in the semiconductor and electronics industry. However, as the isopropanol market matures, industry stakeholders continue to witness constraints in product and technology innovation alike.

While some industries are facing a turmoil of supply-demand gap, leading companies are shifting their focus toward employing alternative production methods and expansion of their manufacturing facilities. A recent Fact.MR study projects a volume CAGR of 2.1% for the highly mature isopropanol market in the period of forecast (2018-2028). Over US$ 4,800 Mn worth of isopropanol will be consumed globally by 2028-end. Fluctuation price trend of propylene and crude oil is a key growth deterrent for the isopropanol market in the upcoming years.

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Isopropanol Market: Isopropanol Consumption in APEJ Remains Vigorous

Isopropanol market continues to remain vigorous in Asia Pacific excluding Japan (APEJ), with the study projecting over US$ 1,600 Mn worth of isopropanol consumption by 2028-end. Majority share of the isopropanol market in APEJ will remain accounted by China, however consumption rate is expected to be relatively higher in India and ASEAN countries through 2028. Preeminence of the pharmaceutical sector on APEJ’s isopropanol market will prevail. Support of the progressive FMCG sector to the market growth in the region will also remain significant.

Europe has prevailed as a dominant marketplace for isopropanol in the recent past. However, accusations on major stakeholders such as AAE, the Belgian chemical group, and relevant supply chain participants, such as Anex Customs, and Danmar Logistics, export of chemicals used in sarin nerve gas production, have posed a negative impact on the region’s chemicals market, as isopropanol is no exception. Nevertheless, promising future of the construction sector, which involves robust consumption of paints and coatings agents, will offset these impacts while driving demand for the compound as an essential prerequisite solvent. According to the study, Europe will follow APEJ in the isopropanol market, in terms of value and volume.

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Application of Isopropanol as Biofuel to Emerge as a Key Trend

An emerging trend being witnessed in the isopropanol market is its surging use as a biofuel. Recent analyses made to devise engineered synthetic pathways for producing isopropanol from microbes have meant that significant potential lies for isopropanol’s utilization as a biofuel for replacing gasoline. Moreover, manufacturing isopropanol using lignocellulosic waste represents a remunerative avenue for economically-feasible production of the compound. With the rise in era of green chemicals, which promotes adoption of bio-based chemicals, biological production methods of isopropanol will be sought-after in the upcoming years, thereby impacting the market growth.

Shifting preference for light-feed petrochemicals in developed markets have led to the shortage in supply of isopropanol, with demand surging without leaps and bounds, which in turn has resulted in significant price hike of the compound. This, coupled with prevailing uncertainties in cost of propylene, has advocated isopropanol manufacturers to employ acetone-based production method. Fundamental benefits associated with the method, such as facilitated production of electronic- and pharma-grade isopropanol, will pave new avenues for the market in the forthcoming years.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Global Lacquer Demand to Reach 7 Million Tons in 2018, Steady Shift from Solvent-Based to Water-Based Lacquers Underway

Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake. The long-term outlook on lacquer market remains bullish, with novel applications in cosmetics likely to complement demand, finds a new research study by Fact.MR.

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The report finds that nitrocellulose lacquers will continue to be the highest selling products globally. Demand for nitrocellulose will be driven by a range of features, including but not limited to easy blending, competitive pricing, and quick drying. On account of these factors, nitrocellulose will maintain its lead as the preferred product type during the course of the forecast period, with polyurethane lacquers closing in on the second spot.

End-users continue to show a marked preference for solvent-based lacquers, owing to their performance advantages over water-based lacquers, however, concerns over VOC emissions, and stringency in regulations are driving the demand water-based lacquers. Solvent-based lacquers are likely to account for nearly 70% volume share throughout the assessment period, and grow at a higher rate vis-à-vis water-based variants. However, the lower growth doesn’t undermine the fact that interest in water-based solvents is gaining ground, as compliance advising costs and evolving preference fuel demand.

Specialty stores and modern trade are the prominent distribution channels in lacquer market. These two distribution channels accounting for over half of all lacquer sold in 2017. The report finds that these two distribution channels will continue to remain the preferred distribution channels among end-users during the assessment period. Direct sales have traditionally remained a lucrative sales channel, and the status quo is unlikely to change during the assessment period.

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Lacquer applications continue to remain concentrated in furniture, architectural, and automotive industries. These three end-use industries collectively accounted for nearly 80% volume share of the market. Furniture industry is the biggest end-use industry for lacquers globally, and it will continue to be the biggest demand center during the course of the review period.

Asia Pacific excluding Japan (APEJ) is the largest market for lacquers, followed by Europe and North America. Many countries in APEJ have remained traditional manufacturing hubs, and demand for lacquers, varnished, and coatings has remained robust in the region. In addition to being a major consumer of lacquers, the region has also been a prominent exporter to North America and Europe. However, the report finds that increasing stringency in regulations, combined with increasing labor costs in emerging countries has led to a steady decline in exports in the recent past. End-user demand for high-quality, water-based solvents has also led Asian manufacturers to change their suite of offerings.

The report identifies woodworking as the leading application segment for lacquers globally. In addition to wood, metal and plastics are the other prominent application areas for lacquers. Increase in novel applications pertaining to paper and nail polish are creating new growth avenues for manufacturers. According to the research study, increasing adoption in leather and textiles is also likely to create sustained growth during the assessment period.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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