Specialty & Fine Chemicals

Cellulose Fibers Market To Represent US$29.6 Billion Opportunity Globally by 2020

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The global cellulose fibers market size is expected to reach USD 29.6 billion by 2020, according to a new report by Grand View Research, Inc. Shift in trend towards adoption of biodegradable fabrics is expected to remain a key driving factor for global cellulose fiber market. Stable growth of textile industry, particularly in Asia Pacific and Africa is also expected to have a positive influence on market growth. Availability of raw materials coupled with technological advancement in manufacturing processes is anticipated to fuel the product demand.

Volatile wood prices are expected to remain a key challenge for market participants. To overcome challenges, industry participants have shifted their focus towards producing bio-based alternatives to synthetic cellulose fibers.

Clothing was the leading application segment and accounted for over 60% of total market volume in 2013. This segment is expected to gain share over the next six years on account of growing textile industry in emerging economies such as India, China, and Brazil. This is anticipated to be the fastest growing segment over the forecast period.

For more information at:
http://www.grandviewresearch.com/industry-analysis/cellulose-fibers-market

   North America cellulose fiber revenue by application, 2012-2020, (USD Million)

           North America cellulose fiber

  Further key findings from the report suggest:

  • Global cellulose fiber market demand was 5,400.1 kilo tons in 2013 and is expected to grow at a CAGR of over 8.1% from 2014 to 2020
  • Replacement of cotton with high-quality cellulose fibers are anticipated to create new avenues for market participants. Rigid forestry policies coupled with volatile wood pulp prices are expected to hinder market growth over the forecast period. In addition, stringent regulatory standards regarding environmental concerns have an adverse impact on the production cost.
  • Fabrics are anticipated to witness above average growth over the next six years and are expected to grow at a CAGR of 8.1% from 2014 to 2020. Rising demand for skin and environment-friendly fabric is expected to drive the market over next six years.
  • Asia Pacific was the largest regional market and accounted for over 45% of total market volume in 2013. Growth of textile industry on account favorable governmental policies in China and India is expected to drive regional growth over the forecast period. Asia Pacific is also expected to witness the highest growth of 8.6% from 2014 to 2020.
  • Some key industry participants operating in the global cellulose fibers market include Aoyang, Daicel Corporation, Lenzing, Fulida, Tangshan, Indo Bharat, and Thai Rayon.

Grand View Research has segmented the cellulose fibers market on the basis of application and region:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • Spun Yarn
  • Fabrics
  • Clothing
  • Other

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • North America
  • Europe
  • Asia Pacific
  • RoW

Visit for more information: Grand View Research

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Mixed Tocopherols Market Is Expected To Reach USD 5.04 Billion By 2022

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The global mixed tocopherols market is expected to reach USD 5.04 billion by 2022, according to a new report by Grand View Research, Inc. Rising vitamin E demand across various end-use industries such as food & beverage fortification and dietary supplements is expected to fuel market growth over the next seven years.

Rising health concerns coupled with increasing disposable income may be attributed to growing vitamin E demand. Vitamin E have the ability to dissolve indigestive fat which prevents blood vessels and heart diseases such as hardening of the arteries, heart attack, chest pain, joint pain and high blood pressure. Rising prevalence of these diseases has spurred mixed tocopherols demand globally. Rising vitamin E consumption in pharmaceutical industry for treating Alzheimer’s disease, diabetes, dementias, night cramps, Parkinson’s disease, epilepsy, restless leg syndrome, Huntington’s chorea, is estimated to fuel industry growth over the forecast period.

Alpha-rich tocopherols were the leading product segment with demand share exceeding 37% of in 2014. This segment is expected to gain share over the forecast period owing to high demand in dietary supplements. Gamma-rich tocopherols are expected to be the fastest growing product segment over the next seven years growing at an estimated CAGR of 4.1%. The rapid growth of this product segment may be attributed to high nutritional value of the product that can be utilized in food & beverage industry.

For more information at: http://www.grandviewresearch.com/industry-analysis/mixed-tocopherols-industry

Further key findings from the report suggest:

  • Global mixed tocopherols market demand was 83.2 kilo tons in 2014 and is expected to reach 109.7 kilo tons by 2022, growing at a CAGR of over 3.6% from 2015 to 2022
  • Vitamin E has antioxidant properties which is increasingly gaining importance in dietary supplements and nutricosmetics industry. Regulatory approval for use of these micronutrients in food and as additives is anticipated to positively impact industry growth. Halal and Kosher approvals for food grades are expected to strengthen market penetration in Europe.
  • Animal feed nutrition emerged as the largest application segment with a total demand of over 33.9 kilo tons in 2014. This segment is expected to witness high growth rate over the next six years to account for over 40% to volume share by 2022. Growing importance of animal feed nutrition particularly in economies including China, India, Brazil, and Australia may be attributed for high growth over the forecast period.
  • Growing consumer awareness towards organic personal care products along with high rate of commercialization of nutricosmetics is expected to steer demand in cosmetic applications over the forecast period.
  • Asia Pacific was the largest consumer and accounted for over 34% of global volume in 2014. Rising disposable income in emerging economies such as India and China is anticipated to drive the market in the region. High production capacities in Asia Pacific give flexibility to the manufacturers to scale up the production depending upon demand trends.
  • North America is expected to witness moderate growth on account of increasing health concerns in the region. Stringent government regulations and Anti dumping laws in North America are anticipated to rise demand for naturally derived products over the foreseeable future.
  • DSM, BASF, Cargill Inc., COFCO Tech Bioengineering, ADM, and Fenchem Biotek dominated the global mixed tocopherols market share and together accounted for over 50% of total revenue in 2014. Companies have been constantly involved in developing 100% natural products.

Grand View Research has segmented the global mixed tocopherols market on the basis of product, application and region.

Global Mixed Tocopherols Product Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)

  • Alpha-rich tocopherols
  • Gamma-rich tocopherols
  • Gamma-delta rich tocopherols
  • Others

Global Mixed Tocopherols Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)

  • Dietary Supplements
  • Animal Feed Nutrition
  • Cosmetics
  • Pharmaceuticals
  • Food & Beverage Fortification

Global Mixed Tocopherols Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Middle East & Africa
  • Central & South America

Visit for more information: Grand View Research

 

Wetsuits market size is expected to reach USD 1.18 billion by 2022

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The global wetsuits market size is expected to reach USD 1.18 billion by 2022, according to a new report by Grand View Research, Inc.

Wetsuit refers to a garment typically prepared from foamed neoprene, which is worn by sailors, divers, surfers, and other individuals engaged in water sports, providing buoyancy, abrasion resistance, and thermal insulation. Various applications of wetsuits include water sports activities such as whitewater rafting, surfing, sailing, diving, and sea rescue operations.

The growth prospects for this market are bullish due to increase in water sports and recreational activities such as surfing, diving, and water skiing. Developing economies have been experiencing a rise in life expectancy. People with better standards of living are more prone to stay active longer and invest in premium quality sports goods.

The rise in the number of women participating actively in water sports has led to a significant increase in the wetsuits demand across the globe. The number of female surf participants across coastal regions has increased considerably over the past few years. Rise in e-commerce, growing demand for women wetsuits, and increased disposable income are projected to drive wetsuits market over the forecast period.

However, increased adoption of dry suits over wet suits owing to benefits such as warmth, safety, added weight, cost of ownership, and versatility in application is presumed to challenge the industry growth.

For more information at: http://www.grandviewresearch.com/industry-analysis/wetsuits-market

 Further key findings from the report suggest:

  • Scuba diving accounted for over 30% of the overall market share in 2014 and is poised for considerable growth over the next seven years. Usage in scuba diving application offers waterproof apparels with properties such as breathability and thermal padding.
  • Surfing application accounted for close to 50% of the overall market share in 2014, and is expected to trigger consistent demand over the forecast period. The surfing industry has grown around the coastline over the past few years. New age development of wave parks and artificial waves, owing to proliferation of technology, is expected to provide significant opportunities for industry growth.
  • Projected to grow at an estimated CAGR of over 4% from 2015 to 2022, scuba diving application is expected to witness healthy growth. Use of wetsuits in scuba diving provides exposure protection, not only against water’s temperature, but also to objects that can scrape, cut or string.
  • Asia Pacific regional market is poised for high growth throughout the forecast period. It accounted for close to 20% of the overall market share in 2014. Increasing wages in the region have boosted surfing industry revenues as people have enough disposable income to pursue leisurely activities leading to proliferation of wetsuits.

Grand View Research has segmented the global wetsuits market on the basis of product, and region:

Wetsuits Product Outlook (Revenue, USD Million, 2012 – 2022)

  • Wind sports
  • Surfing
  • Scuba diving
  • Triathlon

Wetsuits Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Visit for more information: Grand View Research

 

Caprylic Acid Market Will Witness Growing Demand For The Acid In Manufacturing Pesticides And Surfactants

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The global caprylic acid market is expected to reach USD 4.4 million by 2022, according to a new report by Grand View Research, Inc. Widespread use of caprylic acid in personal care, and pharmaceutical industry coupled with the growth of these end-use industries is expected to drive growth. Furthermore, growing demand for the acid in manufacturing pesticides and surfactants is expected to propel market growth over the projected period.

Pharmaceutical accounted for 17.9% of the overall volume share in 2014. Growing use of caprylic acid in the treatment of yeast infections on account of its anti-microbial and anti-fungal properties is expected to propel demand over the forecast period. Furthermore, rising use of the product for treatment of Crohn’s disease, bladder infections and gingivitis is also expected to drive the market.

For more information at: http://www.grandviewresearch.com/industry-analysis/caprylic-acid-market

Further key findings from the report suggest:

  • Personal care accounted for 39.2% of the overall volume share in 2014. Caprylic acid is used extensively in hair care, skin care, and cosmetic products owing to its skin as well as hair conditioning properties. Furthermore, caprylic acid helps acts as an emollient and dispersing agent wherein it helps in the release of pigments and vitamins thereby providing smooth texture to the hair as well as skin.
  • Caprylic acid has profound usage as a natural antimicrobial ingredient for food contact surfaces & equipment, which includes breweries, wineries, and meat processing plants. It helps to maintain proper functioning of the digestive tract and pH balance of the body. Furthermore, this product also activates ghrelin, which stimulates hunger and increases appetite. Market for caprylic acid in food & beverage applications is estimated to be worth USD 1.3 million by 2022.
  • North America market accounted for over 30.0% of the volume and revenue share in 2014. Growing demand for organic personal care products as well as food & beverages is expected to be a key factor driving the market. Caprylic acid is used on food & beverage processing equipment due to its anti-microbial and anti-fungal property.
  • Asia Pacific caprylic acid demand was 118.2 tons in 2014. Personal care segment in Asia Pacific is expected to witness significant growth on account of increasing disposable income and changing consumer preferences towards naturally derived organic products. In addition, China pharmaceutical market is expected to witness significant growth on account of the economic & demographic conditions, improved R&D activity and growing health concerns.
  • Caprylic acid market is characterized by integration across various stages of the value chain by the various companies including Willmar International Limited, Kuala Lumpur Kepong Berhad, VVF Company, P&G and Oxiteno

Grand View Research has segmented the caprylic acid market on the basis of application and region:

Caprylic Acid Market Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)

  • Personal care
  • Pharmaceutical
  • Food & beverage
  • Others

Caprylic Acid Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)

  • North America
    • U.S.
  • Europe
    • Germany
    • United Kingdom
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

Visit for more information: Grand View Research

Ethyl Levulinate Market Will Grow Rapidly Owing To Enhanced R&D Practices

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The global ethyl levulinate market is expected to reach USD 11.8 million by 2022, according to a new report by Grand View Research, Inc. The global industry is in its nascent stage and is characterized by few industry participants. Presence of very few manufacturers gives a competitive edge over new entrants. Industry participants as well as governments have been extensively investing in R&D to develop novel applications as well as cheaper raw materials. Potential applications such as bio-diesel additive are expected to positively impact the market.

Prolonged exposure to ethyl levulinate may cause dizziness, eye irritation, lung damage, coma and behavioral changes. Such toxic effects are presumed to expose ethyl levulinate industry to several regulations, thus constricting market growth and development. Several R&D initiatives are being taken by government to come up with cheaper raw material for ethyl levulinate production. This is projected to create ample opportunities for this industry over the forecast period.

For more information at:
http://www.grandviewresearch.com/industry-analysis/ethyl-levulinate-market

Further key findings from the report suggest:

  • Global ethyl levulinate market demand was 32.4 tons in 2014 and is expected to reach 49.1 tons by 2022, growing at a CAGR of 5.3% from 2015 to 2022
  • Fragrances market is expected to witness the fastest growth at an estimated CAGR of 5.7% over the forecast period. This growth can be attributed towards rapid development of personal care industry particularly in emerging economies of Asia Pacific and Latin America. Recent advances by pharmaceutical industries that use fragrances to reduce stress and depression among people is also expected to assist the market over the forecast period.
  • Asia Pacific emerged as the leading regional market and accounted for over 30% of the total market in 2014.Countries such as India and China are anticipated to lead their regional market over the next seven years. Rising urbanization along with dynamic lifestyle among consumers in the region is expected to create ample opportunities for ethyl levulinate.
  • Changing consumption pattern among people in developing region such as Middle East & Africa and Central & South America is expected to assist the overall market over the next seven years.
  • Major ethyl levulinate market participants include Sigma Aldrich, Alfa Aesar, Oakwood Products., Inc, Indukern F&F Ingredients Division, Tokyo Chemical Industry Co., Ltd, Axxence Aromatic and Ventos. The market is oligopolistic in nature and there is a high threat for new entrants to enter the market over the forecast period. Potential applications such as diesel miscible bio-fuel are expected to positively affect the market.

Grand View Research has segmented the ethyl levulinate market on the basis of application and region:

Global Ethyl Levulinate Application Outlook (Volume, Tons, Revenue, USD Thousand, 2012 – 2022)

  • Food Additive
  • Fragrances
  • Others

Global Ethyl Levulinate Regional Outlook (Volume, Tons, Revenue, USD Thousand, 2012 – 2022)

  • North America
    • S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
  • Middle East & Africa
  • Central & South America
    • Brazil

Visit for more information: Grand View Research

BioLubricants Market Analysis, Size and Growth to 2020

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BioLubricants Market Analysis By Raw material (Vegetable oil, Animal oil), By Application (Automotive, Hydraulic, Process, De-molding, Lubricating, Chainsaw, Compressor, Turbine, Industrial gear, Metal working), By End Use (Industrial, Commercial transport, Consumer Automotive) And Segment Forecasts To 2020

The biolubricants market is expected to reach USD 2.60 billion by 2020. Superior properties of the pro.duct including constant viscosity, biodegradability, high flash point and lower emissions are expected to propel demand over their mineral counterparts. Furthermore, regulatory support towards the use of sustainable materials in biolubricant manufacturing is expected to augment product demand over the forecast period. However, limited application scope coupled with high cost as compared to synthetic lubricants is expected to be a major challenge over the forecast period.

The demand for automotive oils was over 150.0 kilo tons in 2013 thereby making it the largest application segment. Wide scale applications of bio-based lubricant in automobiles, particularly in developed nations of Europe and North America, are expected to be a driver for industry growth.

View summary of “BioLubricants Market Analysis Report”  @
http://www.grandviewresearch.com/industry-analysis/biolubricants-industry

The product is primarily used in industrial processes with a demand of over 295.0 kilo tons in 2013. Commercial transportation is expected to witness substantial growth owing to favorable government regulations in developed nations at a CAGR of more than 6% over the forecast period. It is used as hydraulic transmission fluids, gear oil, and heavy duty motor oil. Growing demand for the product in various end-use applications owing to its superior properties and low environmental effect is expected to drive demand.

North America accounted for the largest share in 2013 and is expected to reach over 340.0 kilo tons by 2020 owing to incentives and grants issued by the governments for the use of bio-based products. North America is expected to remain the market leader over the forecast period while growing at a slower rate. Supportive regulations towards the use of biolubricants in Europe coupled with implementation of policies such as “Ecolabel” is likely to propel growth over the forecast period.

The industry is still in the nascent stages of development yet highly consolidated with over 60% share held by top 4 companies. Leading market players are investing significantly in R&D for the development of proprietary products and production process. The market is dominated by companies such as Total SA, UBL, Exxon Mobil, Chevron, shell and British Petroleum.

Request for free sample of “BioLubricants Market Analysis Report” @
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Catalyst market is expected to reach USD 27.59 billion by 2020 owing to its wide usage in growing chemical and automobile sectors

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The global catalyst market was valued at USD 20.55 billion in 2013 and is expected to reach USD 27.59 billion by 2020 owing to its wide usage in growing chemical and automobile sectors. They are essential components in any chemical reaction, which generally enhances the rate of reaction without being consumed in the process.

chelatingRising manufacturing activities of polymers and chemicals are anticipated to play an important role in the growth of the market over the forecast period. In addition, presence of regulations supporting the manufacture and use of catalysts is expected to augment market growth over the next six years. In 2013, global demand was 6,259.3 kilo tons and is projected to reach 7,803.4 kilo tons with a CAGR of 3.2% from 2014 to 2020.

Chemical synthesis was valued at USD 1.73 billion in 2013. Catalysts are being increasingly used in chemical synthesis on account of superior characteristics including high stability, activation of alkenes and alkynes and promoting regio-, diastereo- and enantioselective processes.

For more information at: http://www.grandviewresearch.com/industry-analysis/catalyst-market

Environment catalysis was the largest application accounting for 28.6% of the global demand and is anticipated to grow with a CAGR of 3.9% from 2014 to 2020. Presence of stringent regulations for environment protection, particularly in Europe, is expected to augment demand.

Demand for heterogeneous catalysts exceeded 4,900 kilo tons in 2013. They are used in automotive, stationery, chemical, and refinery and polymer industries. Growth of these end-use industries is expected to augment demand over the forecast period. Homogeneous catalysts are anticipated to witness substantial growth as they are highly active and can be used across a wide range of applications.

Zeolites and metals are used for emission reduction and petro-refining process, whereas, chemical compounds and enzymes are used in polymerization reaction and chemical synthesis process. Chemical compounds dominated the industry accounting for 38.3% of the global industry in 2013.

North America catalyst demand was 1,890.3 kilo tons in 2013 and is expected to witness substantial gains over the forecast period on account of growing gasoline demand in the U.S. This is expected to increase the importance of FCC and hydrocracking activities meant for conversion of heavy crude oil into light cuts.

Asia Pacific accounted for over 30% of the overall market in 2013 and is expected to witness significant gains over the next six years on account of growing demand for fuels and polymers. Asia Pacific accounted for 43% of global polyethylene capacity in 2008 and is expected to touch more than 50% by 2020. Increasing refining output in India and China on account of government support and technological advancement is expected to augment production of polymers such as polyethylene and polypropylene. Growing production of polypropylene and polyethylene in Asia Pacific is expected to fuel the demand for organometallic catalysts over the forecast period.

Key players in the market include Eka Chemicals AB, Zeolyst International Inc., Evonik Industries AG, W.R.Grace& Co-conn, INEOS Group Limited, Exxon Mobil Corporation, DuPont, Chevron and Albemarle Corporation.

Free request sample: http://www.grandviewresearch.com/industry-analysis/catalyst-market/request

Grand View Research has segmented the global catalyst market on the basis of application, product and region:

Catalyst Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Heterogeneous Catalysts
• Homogenous Catalysts
Catalyst Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Zeolite
• Metal
• Chemical Compound
• Others
Catalyst Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Petroleum Refining
• Chemical Synthesis
• Polymer
• Environment
Catalysts Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW

Visit for more information: Grand View Research