Activated Carbon Market Size Worth $5.31 Billion By 2020

The global activated carbon market is expected to reach USD 5.31 billion by 2020, according to a new report by Grand View Research, Inc. Increasing demand from water purification and air filtration segment is expected to drive market growth over the next five years. Activated carbon is widely preferred in these end-use applications owing to excellent adsorption properties.

Stringent government regulations specifically in the U.S. and Europe, in order to remove mercury are projected to propel market demand.  Increasing application scope in end-use industries such as automotive, food & beverage and pharmaceutical is projected to fuel demand over the forecast period.

North America activated carbon market revenue by product, 2012-2020, (USD Million)

Powdered activated carbon (PAC) form accounted for over 55% of the market volume in 2013. It finds wide application scope in water treatment application such as municipal treatment, process water treatment in beverage production and groundwater remediation. Granular activated carbon (GAC) form is anticipated to grow at a CAGR of 11% from 2014 to 2020 owing to increasing demand from gas purification application.

Further key findings from the report suggest:

• Global activated carbon demand was 1,379 kilo tons in 2013 and is expected to grow at a CAGR of 11.7% from 2014 to 2020.
• Liquid phase was the largest application segment and accounted for 55% of the total market volume in 2013. Gas phase is anticipated to be the fastest growing application segment with a CAGR of 12.8% from 2014 to 2020.
• Air purification emerged as the largest end-use segment and accounted for 36.5% of the total market volume in 2013. Asia Pacific emerged as the largest regional market and is expected to grow at a CAGR of 13.0% from 2014 to 2020.
• Global activated carbon market is moderately consolidated with presence of large scale companies. Some of the major companies operating in the global industry include Kurary Corporation, Cabot Corp., Meadwestvaco Corp., Jacobi Carbons, Carbon Resources LLC, Seimens Water Technologies and Carbotech. Other players operating in the market include Haycarb PLC, ADA-ES Inc., Carbon Activated Corporation and Clarimex Group.

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

Activated Carbon Product Outlook

• Powdered Activated Carbon (PAC)
• Granular Activated Carbon (GAC)
• Others

Activated Carbon Application Outlook                                                     

• Liquid Phase                                            
• Gas Phase                                               

Activated Carbon End-use Outlook                                                          

• Water Treatment                                      
• Food & Beverage Processing
• Pharmaceutical
• Automotive
• Air Purification
• Others

Activated Carbon Regional Outlook                                                         

• North America                                         
• Europe
• Asia Pacific
• Others

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Stearic Acid Market to 2022 – Market Estimate, Industry Size:Grand View Research, Inc.

Global stearic acid market is expected to reach USD 11.01 billion by 2022, according to a new study by Grand View Research, Inc. Increasing penetration of organic chemicals across personal care products such as shaving creams, shampoos and soaps is expected drive the global stearic acid market. Benefits such as enhanced shelf life, versatility, excellent binding & thickening properties and stability, as a base for cosmetics are anticipated to strengthen its demand over the forecast period. Powerful surfactant and cleansing properties that assist removal of dirt and oil in the skin are slated to fuel its demand in soaps and detergents. Favorable regulations such as Nutritional Labeling and Education Act (NLEA) of 1990, permitting use of saturated fatty acids in food additives are also expected to impact its demand positively. Hazards related to toxicity coupled with volatile raw material prices are expected to remain a key challenge for market participants.

Browse full research report on Global Stearic Acid Market: http://www.grandviewresearch.com/industry-analysis/stearic-acid-market

Soaps & detergents emerged as the largest application segment and accounted for 28.9% of the total market volume in 2014. Growing detergents industry in emerging economies may be attributed for high level of market penetration in the segment.

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Further key findings from the study suggest:

Global stearic acid demand was 5,744.3 kilo tons in 2014 and is expected to reach 8,129.9 kilo tons by 2022, growing at a CAGR of 4.5% from 2015 to 2022.

Personal care is projected to witness the fastest growth of 5.1% over the forecast period. Growth of personal care industry in Asia Pacific and Latin America is expected to drive this segment over the forecast period. Surging organic personal care and cosmetic products demand is also estimated to fuel stearic acid demand.

Growing application scope across various niche segments including metal processing, candle manufacturing, and pharmaceuticals is also expected to drive global stearic acid industry growth in near future.

Asia Pacific was the largest regional market and accounted for 42.7% of total volume in 2014. Asia Pacific stearic acid market is characterized by rapid industrialization coupled with rising disposable income level particularly in India, China and Indonesia. These factors may be attributed to the rising product demand across various application segments in the region.

Major companies operating in global stearic acid market include The U.S. Chemical Company LLC., BASF, AkzoNobel, Emery Oleochemicals, Wilmar International, Godrej Industries, Oleon, Pacific Oleochemicals Sdn Bhd, Kao Chemicals, and Kuala Lumpur Kepong (KLK).

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For the purpose of this study, Grand View Research has segmented the stearic acid market on the basis of application and region:

Global Stearic Acid Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

Soaps & Detergents

Intermediates

Personal Care

Rubber Processing

Textile

Lubricants

Others

Global Stearic Acid Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

North America

U.S.

Europe

Germany

UK

France

Asia Pacific

China

India

Central & South America

Middle East & Africa 

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Polyarylsulfone Market To 2022 – Industry Analysis, Trends:Grand View Research, Inc.

Global Polyarylsulfone Market is expected to reach USD 2.36 billion by 2022, according to a new study by Grand View Research, Inc. Growing demand for high performance engineering plastics across automotive and construction industries is expected to drive global polyarylsulfone market. Increasing medical and dental applications is also expected to fuel polyarylsulfone demand. Superior properties including high chemical and thermal resistance over conventional thermoplastics including polycarbonate and polyamide have also helped in increasing its market penetration. High price compared to other plastics is expected to remain a key challenge for market participants.

Browse full research report on Global Polyarylsulfone Market Market: http://www.grandviewresearch.com/industry-analysis/polyarylsulfones-market

Polysulfone (PSU) emerged as the single largest product segment and accounted for 36.1% of total market volume in 2014. Growing enhanced filtration needs in medical, food & beverages and sanitary is expected to drive membranes demand which in turn is expected to have a positive impact on the global polysulfone demand. Polyphenylsulfone (PPSU) is expected to witness the highest growth of 9.1% from 2015 to 2022. Growing demand for high performance materials in medical industry particularly in developed markets of North America and Europe is expected to drive this segment over the forecast period.

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Further key findings from the study suggest:

• Global polyarylsulfone demand was 63.3 kilo tons in 2014 and is expected to exceed 100 kilo tons by 2022, growing at a CAGR of 6.0% from 2015 to 2022.
• North America was the leading regional market and accounted for 33.9% of total volume in 2014. Stable demand for high performance thermoplastics across key end-use industries particularly in the U.S. is expected to drive this region. Increasing healthcare expenditure coupled with expanding automotive industry in Mexico is also expected to have a positive influence on the regional market over the forecast period.
• Asia Pacific is expected to witness the highest growth of 7.1% from 2015 to 2022. Growth of key end-end use industries such as automotive, aerospace and food & beverages coupled with increasing healthcare expenditure in emerging markets of India, China and Indonesia is expected drive the regional polyarylsulfone demand.
• Global polyarylsulfone market is highly consolidated on account of presence of established industry participants. Some key companies operating in the global polyarylsulfone market include BASF, Sumitomo Corporation, Ensinger Inc., Solvay, Quadrant Engineering Plastics Product Inc. and Solvay. 

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 For the purpose of this study, Grand View Research has segmented the polyarylsulfone market on the basis of product and region:

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

• Polyphenylsulfone (PPSU)
• Polysulfone (PSU)
• Polyetherimide (PEI) & Polyethersulfone (PESU)

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

• North America
• U.S.
• Europe
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• South Korea
• Taiwan
• Middle East & Africa
• Central & South America

 About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Bioadhesives Market Analysis, Size, Share, Growth To 2022:Grand view Research,Inc.

Bioadhesives are regular polymeric substances. They are utilized to stick together two detached substances.Bioadhesives mostly refer to glue which sticks together two substances and opposessplit-up between the same.

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Outlook

The bioadhesives market, alongside its consumer products, has experienced huge expansion in the last few years. This trend is anticipated to remain likewise in the coming five years. It is true specifically with regard to the regions of North America and Europe. Dominating producers and their strategies to maintain the equilibrium of present supply-demand issues and developments in newer applications in end user industries are estimated to be the vital influencing components of the bioadhesives market.

The worldwide market is likely to augment its prominence on the utilization of environment-friendly bioadhesive applications. This is projected to steer the utilization of bioadhesives forward in the coming five years. The bioadhesives market, with respect to size, is expected to attain about USD 6 billion by 2019. It is estimated to observe about 13 percent CAGR during 2014 to 2019. The market is undergoing huge expansion in North America. This is on account of increased demand for environment-friendly products and manufacturing development across end users.

Ecological benefits, growing consumersectors and enhanced research and development operations can be significant factors for the further expansion of the bioadhesives market. The most significant sector in which bioadhesives find use is paper and packaging. Paper and packaging captured in excess of 34 percent of the entire bioadhesives market (with regard to volume)in 2013. Bioadhesives are utilized to enhance performance, flexibility, binding power andresilience in consumer applications.

Amplified demand for bioadhesives inhealthcare for applicationsin biomedicine is also expected to steer the demand for the bioadhesives market. Moreover, growing awareness of clients towards the harmful effects of synthetic substances and stern ecological policies are also furthering the demand for bioadhesives. Rising inclination of individuals and industries towards the utilization of bio-based products to maintain a green and eco-friendly ambience also intensifies the bioadhesives market further.

Governmental policies in relation to decreasing the utilization of fossil products also add income to the market.

Geographical Insights

North America is predicted to display bioadhesives market development in the future. This is primarily ascribed to the growing use of bioadhesives in the sectors of construction and packaging and paper in Canada and United States of America. North America captured in excess of 28 percent of the total market in 2013. It dominated the worldwide market and is estimated to perform similarly in the future. The region’s growth is mainly attributed to high consumption of bioadhesivesin the United States.

Europe and Asia Pacific followed North America.Europe is predicted to experience middling expansion. The Asian Pacific bioadhesives market is prospective and likely to augment further at the maximum CAGR in the five years ahead. This comes with associated industries estimated to increase the entire business demand in corresponding regions. Asia Pacific’s demand for the bioadhesives market is ascribed to rising technological innovations in the nations of China and India.

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Poly lactic acid (PLA) Market Share, Forecasts 2014 to 2020: Grand View Research, Inc.

The global poly lactic acid (PLA) market is expected to reach USD 2,169.6 million by 2020, according to a new study by Grand View Research, Inc. The global lactic acid market is expected to reach USD 4,312.2 million by 2020, fueled by growing PLA demand. Increasing bioplastics demand coupled with growing adoption of PLA for packaging products is expected to drive the market over the next six years. Favorable regulatory scenario for environmentally friendly products is also expected to give impetus to the global market over the forecast period.

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Increasing crude oil prices are expected to drive PLA demand, since majority of plastics are manufactured using petroleum-based resources. PLA is compostable and environmentally friendly; therefore, it proves ideal for food packaging and other consumer products. Inferior performance of PLA products as compared to conventional plastics may pose a barrier to industry growth over the forecast period. Changing consumer preferences and increasing demand for personal care is expected to enhance lactic acid market penetration in skin care applications used for anti-acne, skin lightening and anti-aging products.

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Further key findings from the study suggest:

• Global lactic acid demand was 714.2 kilo tons in 2013, which is expected to reach 1,960.1 kilo tons by 2020, growing at a CAGR of 15.5% from 2014 to 2020. Industrial applications are expected to be the largest and fastest growing segment over the forecast period; they accounted for 44.8% of the overall market in 2013, with an estimated CAGR of 19.3% from 2014 to 2020.

• Global PLA demand was estimated to be 360.8 kilo tons in 2013, which is expected to reach 1,205.3 kilo tons by 2020, growing at a CAGR of 18.8% from 2014 to 2020. Packaging accounted for 59.6% of the overall PLA market in 2013, and is expected to remain the dominant application segment over the forecast period. Rigid packaging was the largest contributor to overall PLA demand in packaging in 2013. Textiles are expected to be the fastest growing segment, at a CAGR of 17.5% in terms of revenue from 2014 to 2020.

• North America is expected to remain the largest market for lactic acid through the forecast period, and was valued at USD 444 million in 2013. Asia Pacific is expected to grow at the fastest rate of 19.5% in terms of revenue from 2014 to 2020. This region is also expected to be the fastest growing market for PLA at an estimated CAGR of 17.9% from 2014 to 2020.

• Industry participants include NatureWorks LLC, Purac, Galactic, Pyramid Bioplastics (a collaboration of Pyramid Technologies and German Bioplastics), BASF, Synbra, etc. Companies operating in the market target product innovation as well as strategic alliances for gaining market share.

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For the purpose of this study, Grand View Research has segmented the global lactic acid and PLA market on the basis of application and region:

    • Lactic Acid Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2012 – 2020)
            • Industrial
            • Food & Beverage
            • Pharmaceuticals
            • Personal Care
            • Others
    • PLA Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2012 – 2020)
            • Packaging
            • Agriculture
            • Transport
            • Electronics
            • Textiles
            • Others
    • Lactic Acid and PLA Regional Outlook (Volume, Kilo Tons and Revenue, USD Million; 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Chromium Phosphate Market Trends, Growth Prospects To 2020: Grand View Research, Inc.

The global Chromium Phosphate market is expected to reach USD 96.65 million by 2020, according to a new study by Grand View Research, Inc. Key application markets for chromium phosphate include architectural coatings, corrosion inhibitor coatings, medical applications, and others such as catalyst applications. Strong demand from architectural coatings and corrosion inhibitor coatings are expected to drive chromium phosphate demand over the next six years. Additionally, increasing R&D for chromium phosphate application development in the field of medicine is being looked upon as a key opportunity for this market.

Browse full research report on Global Chromium Phosphate Market: http://www.grandviewresearch.com/industry-analysis/chromium-phosphate-industry

Sourcing of raw materials remains the major concern for the industry owing to increasing chromium demand for other applications. Prices of raw materials are more likely to affect the profit margins of chromium phosphate manufacturers, with minor price fluctuations also having significant impact on profit margins in the industry. At present, installed capacity for the production of chromium phosphate is very comparatively small, which has resulted in a demand supply gap. Moreover, manufacturing of chromium phosphate is capital intensive.

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Further Key findings from the study suggest:

• Global chromium phosphate market volumes were estimated at 25,672.1 tons in 2012 and are expected to reach 51,363.2 tons in 2020, growing at a CAGR of 9.1% from 2013 to 2020
• Architectural coating applications dominated demand in 2012, accounting for over 42% of global volumes. Chromium phosphate demand for architectural coatings is expected to reach 21,663.5 tons by 2020
• Chromium phosphate coatings are being increasingly used in conversion coatings to provide outstanding corrosion protection on aluminum, as well as excellent adhesion properties under organic coatings. Chromium phosphate market revenue for corrosion inhibitor coatings is expected to reach USD 25.35 million by 2020, growing at a CAGR of 10.3% from 2013 to 2020
• Medical applications are expected to be the most attractive avenue for chromium phosphate manufacturers, with volume demand estimated to grow at a CAGR of 10% from 2013 to 2020

Key manufacturers and suppliers of chromium phosphate include Chemetall Inc., AK Scientific, Inc., City Chemicals Corporation, and MP Biomedicals, Leancare Ltd. and so on. Distribution is a key success factor in the chromium phosphate industry. Sigma Aldrich, Chemos and Service Chemical Incorporation are some of the leading distributors in this market

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For the purpose of this study, Grand View Research has segmented the global chromium phosphate market on the basis of application and region:

Chromium Phosp Application Outlook,

• Architectural Coatings
• Corrosion Inhibitor Coatings
• Medical
• Others (Catalysts, Lasers, etc.)

Chromium Phosphate Regional Outlook,

• North America
• Europe
• Asia Pacific
• Rest of the World

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com