Friday, 29 December 2017

Copper Sulfate Market Outlook and Opportunity Analysis 2024

Copper sulfate, denoted by the chemical composition CuSO4, is derived as a result of the chemical reaction when copper is treated with concentrated sulfuric acid. Copper sulfate is also known as cupric sulfate and is available in two forms namely hydrous copper sulfate and anhydrous copper sulfate. Copper sulfate market is witnessing an ever increasing growth in demand owing to its significant application in agricultural industry as an efficient fungicide. Apart from agricultural industry, copper sulfate is also used in the chemicals industry as a component for preparation of catalysts used in various chemical processes, of purification of gases such as removal of hydrogen chloride and hydrogen sulfide. It is also used as a source of copper. Copper sulfate is a versatile chemical compound that has an extensive range of applications in various industries such as chemicals, leather, and electrical. Copper sulfate finds major application in industrial processes such as electroplating, dyeing mordant, tanning processes, and preparation of anti-fouling paints. Copper sulfate is set to witness escalating demand in niche applications such as analytical reagent, medical uses and organic synthesis. Owing to increasing demand for copper sulfate as an additive in animal feedstock and the application of copper sulfate as an analytical reagent for the preparation of several other types of reagents such as Biuret reagent and Benedict’ solution, the copper sulfate market is positioned on a high growth trajectory over the near future.
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Copper Sulfate Market Taxonomy
By Types
On the basis of types, the global market is segmented into:
    • Hydrous
    • Anhydrous
By End-Use Industry
On the basis of end-use industries, the global market is segmented into:
    • Agricultural
    • Fungicides
    • Herbicides
    • Pesticides
    • Chemical
    • Electricals
    • Electroplating
    • Batteries
    • Others
    • Medical
    • Leather & Textiles
    • Others (paints, hair dye, glues, etc.)
The agricultural industry is a major end user of copper sulfate market. Demand for copper sulfate is expected to increase significantly in this industry, owing to its increasing use in production of herbicides, fungicides, pesticides, and fertilizers in animal feedstock sulfate. Other applications of copper sulfate contribute fairly to the increasing demand for copper sulfate industry such as, copper sulfate adhesives that are used in production of paints and glues. Copper sulfate witnesses an increasing demand sulfates an additive in binding pastes and glues for books in order to protect them from book bugs. This highly versatile compound also finds wide application in the construction industry, sulfate where it is used as an additive in concrete to offer disinfectant and water resistance qualities. Increasing usage of copper sulfate in fireworks, artworks as a coloring agent, printing ink, and hair dye, among other applications is expected to lead to a significant surge in growth of the copper sulfate market.
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Market Outlook – Rapidly growing agricultural activities is expected to fuel the demand for Copper Sulfate market
Asia-Pacific region is a region characterized by a burgeoning agricultural industry that is witnessing significant growth to keep pace with the population explosion in the region. This creates a highly conducive growth environment for copper sulfate, which is used in agricultural chemicals including fungicides, herbicides, and insecticides. Growth of the agricultural sector in developed regions of North America and Europe are also expected to position these as lucrative market for producers of copper sulfate, especially in sulfate in U.S. and Canada. The production of copper sulfate is increasing in Europe due to the increasing usage of copper sulfate additive in animal feedstock. 
Leading producers of copper sulfate include ATOTECH, Allan Chemical Corporation, WEGO Chemical & Mineral Corp., and NOAH Technologies Corporation.
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Thursday, 28 December 2017

Oilfield Chemicals Market Outlook and Demand till forecast period

Oilfield chemicals find major application in the exploration of natural gas and at various levels of oil & gas production process. Oilfield chemicals are used as corrosion inhibitors, emulsion breakers, cementing super plasticizers, paraffin dispersants, and drilling additives, among others. Oilfield chemicals market continues to witness strong growth as it has led to cost-effective extraction, exploration, and production of oil and natural gas. Oilfield chemicals are regarded as the essential fossil fuel elements as it helps in a feasible way of drilling reservoirs of gas or oil in various terrains along with the easy extraction of abundant fossil fuels until the amount of recovered fuel becomes too expensive to continue.
With the increase in dependency on oil & gas industries, owing to increased domestic oil consumption, upsurge in vehicle parc, growing attention towards building deep sea oil reserves, increased usage of diesel for irrigation purposes due to the weather fluctuations and irregularities of monsoon along with rising air traffic are expected to fuel growth of the global oilfield chemicals market. Oilfield chemicals find major application in drilling activities, owing to increasing need to improve and enhance the efficiency and productivity of drilling operations. For instance, oilfield chemicals are highly used in ensuring protection of the drilling equipment and pipes from corrosion by segregating the oil and water from oil which usually blend together.
Owing to the unprecedented drop in oil prices globally, the oil and gas exploration and production has slowed down in several regions. This has in turn brought down the rate of drilling activities thereby posing a major restraint for the growth of global oilfield chemicals market. Hence, the supply demand imbalance wherein the supply of oil is expected to continue whereas, the demand for oil is expected to slow down would inhibit growth of the global oilfield chemicals market.
However, drilling fluids is expected to continue to remain the dominant source of demand for global oilfield chemicals market owing to the increasing demand for advanced water-based and high value drilling fluids. Rising exploration of unconventional resources such as shale gas and coalbed methane along with growing interest in deep sea and ultra-deep water projects such as in Western Australia, in 2017, some 200 kilometres off the west coast, the largest floating off-shore production facility is about to begin its operations in Browse LNG Basin, are expected to provide the global oilfield chemicals market to grow in the near future.
Oilfield Chemicals Market Taxonomy
By Type of Oilfield Chemicals
On the basis of type of agent, the global market is classified as:
    • Specialty Surfactants
    • Demulsifiers
    • Rheology Modifiers
    • Inhibitors & Scavengers
    • Friction Reducers
    • Gellants & Viscosifiers
    • Specialty Biocides
    • Others
By Method of Application
On the basis of method of application, the global market is classified as:
    • Drilling fluid
    • Cementing & Additives
    • Well Stimulation
    • Workover & Completion
    • Enhanced Oil Recovery
    • Production Chemicals
    • Others
Most of the oil produced in oilfields has excessive amount of water, which blends in with oil which can lead to corrosion. With an aim to reduce corrosion of pipelines, oil is separated from water through the usage of demulsifiers. Pipeline corrosion in oilfield lead to inefficiency of the oil production. Therefore, corrosion inhibitors are used which work in reaction with corrosion agents such as oxygen to inactivate them. Demulsifiers and corrosion inhibitors are very essential in oilfields as they protect the drilling equipment, containers and pipelines from damages, leakages, and corrosions.
Oilfield Chemicals Market Outlook - North America is expected to be the most lucrative region for key players
The regional coverage for global oilfield chemicals market include North America, Europe, Asia Pacific and Rest of the World. Rapid growth in the gas and oil production activities in North America represents the highest market share for oilfield chemicals industry. Exploration and production activity has surged 12% and as reported by The North Dakota Industrial Commission since OPEC's agreement, oil and gas operators will be shifting from running minimum number of rigs to incremental increases throughout 2017, so long as oil prices remain above US$ 50 per barrel.
Major players operating in the global oilfield chemical market include Baker Hughes, Akzo Nobel NV, Elementis Plc., NALCO Champion, Newpak Resources Inc., The Lubrizol Corporation, Halliburton Company, Solvay SA and others.
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Sulphuric Acid Market Trends And Outlook 2024

Sulphuric acid is denoted by the molecular formula H2SO4. It is categorized as a strong mineral acid with high corrosive abilities. The acid is a viscous liquid that is soluble in water, and its color varies from yellow to colorless, depending upon the concentration. The strong mineral mixture depicts varied properties with regards to varied concentrations. The nature of strong acidity enables it to cause corrosion of living tissues and metal surfaces. At high concentrations, it shows different properties including, strong dehydration, oxidization, and hygroscopic.
Elemental sulfur is the most widely used raw material to produce sulphuric acid. While sulphuric acid finds varied application across a broad spectrum of industries, its single largest application is in the production of fertilizers.
Sulphuric Acid Market Taxonomy
The sulphuric acid market is classified on the basis of the following segments:
    • Raw Material Type
      • Pyrite ore
      • Elemental Sulfur
      • Base metal smelters
      • Others (from oil & petroleum refineries)
    • Application
      • Fertilizers
      • Pulp & Paper
      • Textile industry
      • Chemical manufacturing
      • Metal processing
      • Automotive
      • Petroleum refining
      • Others (industrial cleaning agent, drugs & medicines, wastewater treatment, electronics industry)
Prevalent Scenario in Sulphuric Acid Market
Sulphuric acid is utilized to manufacture phosphoric acid. This phosphoric acid is later employed for the production phosphate fertilizers including, ammonium phosphates and calcium dihyrogenphosphate. Increasing demand for fertilizers owing to rising agricultural activities is anticipated to positively drive the growth over the forecast period. Sulphuric acid is used in manufacturing a number of chemicals including, nitric acid, hydrochloric acid, ammonium sulphate, and aluminum sulphate. The growing demand for industrial chemicals for manufacturing various commercial products is projected to propel growth of the market over the next few years. Sulphuric acid is utilized for pH adjustment, oil splitting and generation of chlorine dioxide in paper & pulp industry. Rapid growth in paper & pulp is projected to aid growth of the market over the foreseeable future.
The acid, when at high concentration causes serious damage to human beings and can lead to skin irritation and even permanent blindness. Owing to hazardous effects of the strong acidic mixture, it is often subjected to strict governmental regulations. The American Conference of Governmental Industrial Hygienists (ACGIH), has categorized the acid as a carcinogen. The U.S. Environmental Protection Agency (EPA), has listed sulphuric acid as a toxic chemical. The Occupational Safety and Health Administration (OSHA 1998), has laid down guidelines for the permissible exposure limit (PEL), of the sulphuric acid to 1mg/m3. These regulations govern use of the strong acidic mixture in end-use applications and also the raw materials utilized to produce it. These stringent regulations coupled with the high raw material prices, are expected to hinder the growth of the market over the forecast period. North America and Europe are expected to account for the largest share in the market, on account of presence of major players in the region. The region of Central & South America is projected to witness a steady growth in its market share owing to the rapid industrialization in the region. Asia Pacific is projected to experience the fastest growth owing to burgeoning growth of various end-use industries in emerging economies such as China and India. Sulphuric acid is used in the most common hydrometallurgical processes to leach the ores in order to extract metals. Countries including South Korea and Japan, have a large number of metal smelters, and thus are anticipated to contribute towards the market growth in the near future.
Fragmented Market
The global market is highly fragmented due to the participation of many established and emerging players in the market. Major players involved in the market include PVS Chemical Solution and Phelps Dodge, CF Industries, The Mosaic, AkzoNobel N.V., Agrium Inc., Rhodia, Langeloth International, Honeywell International, Bayer AG, DuPont de Nemours & Co., Potash Corp (PCS Phosphate), Chevron Corporation, Lucite International, Chemtrade Logistics, Southern States Chemical, Climax Molybdenum Co., Big River Zinc Sauget, Cytec Industries, Tampa Electric, Solvay S.A., Evonik Industries, Chemtrade Refinery Services, BP Valero Energy, and The Doe Run.
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Wednesday, 27 December 2017

Bio-butanol Market Outlook, Share and Trends 2025

Bio-butanol easily blends with gasoline due to its low vapor pressure. It contains as much as energy as gasoline and its non-corrosive nature gives it advantage over bioethanol.
Bio-butanol is an alcohol, which is used as a fuel or organic solvent. It is prepared by fermentation of sugar, starch or cellulosic feedstock such as wheat, sugar beet, corn, straw, and wood. The purpose of using bio-butanol is to reduce consumption of crude oil. They have higher octane number, larger flammability limits, higher flash point and higher heat of vaporization. Bio-butanol easily blends with gasoline due to its low vapor pressure. It contains as much as energy as gasoline and its non-corrosive nature gives it advantage over bioethanol.
Bio-butanol is also used as cleaner, adhesives, jet fuel, synthetic rubber, as a solvent in paints, bio-based plastics and fibers. They are also expected to meet 20% of the world’s fuel demands. The requirement for clean energy is the main driver for the use of bio-butanol.
Bio-butanol fuel Market Taxonomy
On the basis of raw material, the bio-butanol market is classified into:
    • Wheat
    • Sugar beet
    • Corn
    • Straw
    • Wood
    • Others
On the basis of application, the bio-butanol market is classified into:
    • Acrylates
    • Acetates
    • Glycol ethers
    • Solvents
    • Plasticizers
    • Others
On the basis of end users, the bio-butanol market is classified into:
    • Petrochemical industry
    • Automobile industry
    • Aviation industry
    • Consumer goods
    • Textile industry
    • Others
The raw materials used in process of bio-butanol are wheat, sugar beet, corn, straw and wood. The availability of raw material is a major concern with the bio-butanol preparation process. The properties like polymer chain formation, blending, paint and cleaner makes it applicable for the products such as acrylates, acetates, glycol ethers, solvent and plasticizer. Bio butanol is used as a fuel in internal combustion engines in petrochemical and automotive industry. Bio-butanol has the potential to reduce carbon emissions by 85% compared to gasoline. It is a possible large scale alternative to gasoline.
Bio-butanol Market Outlook
    North America is the largest bio-jet fuel market due to the presence of low temperature weather in most of the countries followed by Western Europe which is second largest. Bio-butanol used in automobile sectors are the main reason for these largest market industry. Significant investment in R&D in these regions has resulted in alternatives for petroleum derived fuels.
    Asia Pacific is estimated to be the fastest growing market in the forecast period due to the population increase and demand for greener paints and coatings. India and China are expected to have the most demand in the bio-jet fuel market in the forecast period due to rise in the aviation and transportation segments.
    In Europe, demand for bio-butanol is increasing due to the government initiatives and stringent environmental regulations to shift away from petroleum products. These regulations are result of meeting the aims set out in Kyoto Protocol.
    In Middle East, the crude oil derived fuels such as gasoline, diesel, and kerosene and jet fuel are very cheap due to proximity to the resource. This makes it very difficult for bio-based alternatives to enter the market, as they are easily out priced.
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Bio-butanol Market Challenges
The variation in availability and cost of raw materials is a major problem as it increases the production cost of bio-butanol. Currently, bio-butanol costs more than bio ethanol. Also the government regulations against the use of raw material are the challenges for the bio butanol market.
Some of the key companies dominating the market are Biobutanol include Bioenergy International, Butalco GmBH, Cobalt Biofuels and Arbor Biofuels backed by oil manufacturers like TetraVitae Biosciences and Metabolic Explorers.
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Refinery Catalyst Market Outlook and Demand

Catalysts work by enhancing the rate of chemical reactions and are the critical part of industrial processes to limit cost and save energy. Refinery Catalyst is a chemical process that converts the petroleum refinery products (low octane count) from the crude oil into (high-octane) liquid products such as diesel, gasoline, kerosene, etc. The end products of which are called as reformates. These reformates are chief sources of aromatic bulk chemicals such as benzene, toluene, xylene and valuable blending stock for gasoline. The increasing demand for transportation of fuels is anticipated to boost the consumption of refinery catalysts. Moreover, the increasing market demand for refined products has led refinery catalysts to witness a growing market pace.
Refinery Catalyst Market Taxonomy
The global refinery catalyst market is segmented on the basis of type, ingredients, and applications.
On the basis of type, the refinery catalyst market is segmented as:
    • FCC Catalyst
    • Hydrotreating Catalyst
    • Hydrocracking Catalysts
    • Catalytic reforming Catalyst
    • Others
 On the basis of ingredients, the refinery catalyst market is segmented as:
    • Zeolite
      • Natural Zeolite
      • Synthetic Zeolite
    • Metals
      • Precious Metals
        • Platinum
        • Palladium
        • Rhodium
        • Gold
      • Rare Earth Metals
      • Transition and Base Metals
        • Tungsten
        • Cobalt
        • Nickel
        • Iron
        • Zirconium
        • Molybdenum
        • Manganese
        • Chromium
    • Chemical Compounds
      • Sulfuric acid
      • Hydrofluoric acid
      • Calcium Carbonate
On the basis of application, the refinery catalyst market is segmented as:
    • Oil refineries
    • Chemical synthesis
    • Polymer manufacturing
    • Environmental Safety
    • Others
Fluid Catalytic Cracking (FCC) is one of the major secondary procedure used in petroleum refineries which converts the high molecular weight and high boiling fractions of petroleum crude oil into more valuable products such as olefin gases, gasoline, and others. Cracking of petroleum hydrocarbons was earlier done by thermal cracking, which is now completely replaced by catalytic cracking. Hence, making the hydrocracking segment of refinery catalysts market to grow at a high rate during the forecast period.
Zeolite ingredient segment is the largest market in the global refinery catalysts market, as it is the most widely used in the FCC process. Owing to its affordable cost coupled with beneficial properties has enhanced the growth of refinery catalyst in FCC process.
Furthermore, other metals such as platinum, tungsten, nickel, cobalt molybdenum and various other metals are usually used for hydrocracking and hydrotreating process to remove impurities and reduce the emission of harmful gases into the environment. As the demand for fuels containing less sulfur content increases, the demand for metals is witnessed to have significant growth during the forecast period.
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Refinery Catalysts Market Outlook
    Asia Pacific is the largest market for refinery catalysts. The countries such as China and India have the largest population which in turn has enabled burgeoning growth in Industrialization, Urbanization, and Construction activities. Thereby, driving the growth of refinery catalyst market in Asia Pacific at the fastest rate. The rapid expansion and industrialization of polymer manufacturing and refining companies in the Asia-Pacific region is also expected to increase growth of refinery catalysts in the region.
    Increasing Oil and Gas exploration activities has led to an increase of demand in the Middle East region. Therefore, refinery catalysts market is expected to have a high growth rate in this region.
    In Europe, the economic slowdown has hindered the market from the past few years. But, the growing construction and automotive industry has enabled the refinery catalyst market to grow at a steady rate.
    Shale gas boom has attracted many markets in North America and has led to the establishment of many exploration and refining projects. This, in turn, has led to the use of the catalyst to convert heavy crude oil into lighter parts. The increasing use of petroleum feedstock in North America is creating the highest growth opportunities in the refinery catalysts market.
Key players in the global refinery catalyst market
The market of Refinery Catalysts is dominated by large multinationals such as BP Global and Royal Dutch Shell. Other key industry participants include YARA International, Foster Wheeler AG, OXEA GmbH, W R Grace, Johnson Matthey, Albemarle Corporation, BASF SE, Technip SA, and UOP LLC.
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Plastic Packaging Market Insights and Opportunity Analysis 2025

Plastics are organic compounds with high molecular weight, which consists of a wide range of synthetic organic compounds which can be molded into various shapes, due to malleability. Packaging is a technology, which involves enclosing and protecting various types of products for storage, distribution, sale and use. The increasing demand for healthy, safe and convenience food in the last couple years in Asia Pacific, Europe and North America respectively, has been rapidly driving the global market for plastic packaging. Also, the use of polyethylene terephthalate (PET), as a packing material for food & beverages, pharmaceuticals and household product, due to its strength, versatility and recyclability and hence is projected to boost an excellent sustainability for plastic packaging market during 2017-2025.
Plastic films are the primary raw materials used for manufacture of flexible packaging, which finds wide applications in various end use industry such as food & beverages, cosmetics and healthcare industry, as they offer significant visibility to the product and provide attractive and secure packaging options. Pillow pouch and stand up pouch are the widely used product for flexible packaging market, due to its excellent barrier towards oxygen and moisture coupled with cost effective and low material usage are expected to boost the market for flexible packaging during the forecast period.
The growing disposable income and consumer preferences for packaged goods coupled with retail industry, especially in Asia Pacific and Latin America due to rise in per capita income among the middle class is projected to witness a significant growth during 2017-2025, for instance, India Brand Equity Foundation (IBEF) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, the retail market is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015.
The global plastic packaging market size was valued at US$ 300.86 billion (revenue) and 91,520.07 kilo tons (volume) in 2016 and is expected to expand at a CAGR of 5.3% in terms of revenue and 5.1% in terms of volume during 2017 – 2025.
Market Dynamics
Rigid packaging segment is expected to dominate the plastic packaging market over the forecast period and is expected to expand at a CAGR of over 5.6% in terms of revenue and 5.3% in terms of volume. According to a study conducted by Coherent Market Insights, the industrial end use industry segment in global Plastic Packaging market is projected to reach over US$ 21.45 billion by the end of the calendar year 2017. Plastic packaging drives the cutting edge solutions to innovative packaging solution, which protects fragile goods, low cost and provides easy transportation. High Density Polyethylene (HDPE), is largely used as a plastic packing material, due to its high chemical resistance and tensile strength, is in turn finds wide application in various end use industries, such as chemical and cosmetics industry. Also, the un-pigmented HDPE bottles and containers are translucent and provide better stiffness and best suited for short self-life products, such as milk. However, due to rising consumer preferences for good health and bio based packaging material is projected to be the key challenges for the growth of plastic packaging. Also, the market leading packing industry is continuously investing to develop environment friendly and bio based packaging. For instance---
    June 7, 2016, EEQO in collaboration with Braskem and Avery Dennison, introduced a biobased polyethylene self-adhesive label supports brands in their quest for more sustainable packaging.
Regional Insights
Asia Pacific, followed by Europe and North America, respectively, accounted for major share in the global plastic packaging market both in terms of revenue and volume in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Asia Pacific held a share of 41.8% in terms of volume, followed by Europe (24.3%). The growing demand for rigid packaging product in Asia Pacific due to growing demand for packaged and convenience food coupled with growing population and infrastructure development of retail and hospitality sector is expected to drive growth of the global plastic packaging market over the forecast period. According to a study conducted by Coherent Market Insights, the household product, end use segment market is expected to witness a CAGR of 5.3% from 2017 to 2025 in terms of revenue which in turn is expected to fuel the global plastic packaging market.
Multinational players need to tap potential addressable market in the emerging regions with the help of geographical expansion
Product portfolio expansion and geographical expansion are the key market trends which are expected to shape the industry in the near future. Major players in the global plastic packaging market include Amcor Ltd., Sealed Air Corporation, Bemis Company, Sonoco Products Company, Mondi Plc., Tray Pack Corporation, Lacerta Group Inc., Bemis Company Inc., Alwin Lehner GmbH & Co. Kg, RPC Group Plc among others.
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Organic Fertilizer Market Trends and Outlook 2025

Soil contains nutrients, which differ according to location. Within a field, the nutrient content is similarly not uniform. Fertilizers are needed when the proportion of these nutrients is not sufficient for the plants to be grown. The most frequently essential plant nutrients are nitrogen (N), phosphorus (P) and potassium (K). The different types of organic fertilizer are obtained from animal, plant, or mineral sources, depending on the nutritional needs of the soil. Fish emulsion is an organic fertilizer made from whole fish or parts of fish. It provides an excellent NPK ratio of 4-1-1 and is widely used as foliar feed to deliver a quick nitrogen boost. Fish emulsion fertilizer is made from three-part sawdust, one-part fresh fish, and a bottle of unsulfured molasses.
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Cottonseed fertilizer consists of 3% P2O5, 7% nitrogen, and 2% K2O. Cottonseed fertilizer offers potash, nitrogen, phosphorus and other minor nutrients, eradicating runoff and endorsing vigorous growth of landscape plants, vegetables, and turf. Animal-based fertilizers include bone meal or bloOrganic Fertilizer Marketod meal, manure provides nitrogen to the soil. It is also beneficial for leafy plants and strong growth in the initial period of gardening.
Organic Fertilizer Market Taxonomy
On the basis of product type, the global market is classified into:
    • Phosphate solubilizing
    • Nitrogen fixing
On the basis of source, the global market is classified into:
    • Animal origin
    • Mineral origin
    • Plant origin
On the basis of end use, the global market is classified into:
    • Soil treatment
    • Seed treatment
In foliar feeding with calcium, the calcium rich fertilizer is sprayed to the plants leaves. Calcium foliar spray offers necessary calcium to the plant, preventing short brown roots, leaf necrosis, weak stems fungal issues and stunted growth. Calcium spray also increases cell division in plants which is an important stage for sweet potatoes, tomatoes, and corn.
Organic Fertilizer Market Outlook – Increasing Environmental and Soil concern to be the Major Market Driver  
Asia Pacific and North America are expected to be the most potential markets for organic fertilizers manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. Agricultural based economy such as India is expected to be a major contributor to the organic fertilizer market in the region. This trend is expected to be followed over the forecast period. According to IBEF, 58% of the population in India depends on agriculture and is expected to reach total revenue of US$ 1.11 trillion by the end of 2017. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India. According to the Department of Industrial Policy and Promotion (DIPP), the Indian agricultural machinery sectors and agricultural services have cumulatively involved Foreign Direct Investment (FDI) equity inflow of approximately US$ 2,315.33 million during April 2000 to December 2016.
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Environmental benefits have boosted the growth of organic fertilizer market, especially in Asia Pacific and Middle East regions. Mergers and acquisitions, developing innovative portfolio are some of the key strategies adopted by the top players in the global organic fertilizer market. In September 2016 Novozymes, acquired Organobalance GmbH which has strengthened the company’s place in microbial solutions. Some of the major companies operating in the global organic fertilizer industry include Lallemand, Maharashtra Bio Fertilizers India Pvt. Ltd., AgriLife, SKS Bio Products Pvt. Ltd., Novozymes, Krishak Bharti Cooperative Limited, Bio Green USA Inc., Sushila Bio Fertilizer Company Limited, National Fertilizer Limited, Nico Orgo Inc., Soil Technologies Corporation, and Biodiesen Biotech, Inc.
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Tuesday, 26 December 2017

Protective Clothing Market Segmented By Application And Geography (2016-2024)

Protective clothing are personal protective equipment designed to protect the wearer’s body from susceptible harm and infection. Protective clothing includes high-visibility vests, footwear, respiratory aids, gloves, helmets, harnesses, and eye protection gear. These clothings find application in various working environments that are deemed hazardous for legs and feet, such as dampness, falling objects, cuts, slips, chemical spillages, and abrasive materials. In order to prevent such hazards, there is an increased use of oil and chemical resistant soles on shoes and boots, safety boots with steel toe caps, leggings, and gaiters. This has augmented growth of protective clothing market across the globe.
Gloves, based on the chemical compatibility are being used while working with chemicals exhibiting a high acute toxicity and highly concentrated corrosive materials. In construction industry, fall arresting systems such as body harnesses, lifelines, and other accompanying equipment are used when fall hazards cannot be controlled by railings, floors, and nets. Protective clothing is used in the healthcare industry to prevent transmission of microorganisms such as methicillin-resistant Staphylococcus aureus, Mycobacterium tuberculosis, and Staphylococcus aureus.
Protective Clothing Market Taxonomy
On the basis of type of material, the global market is classified into:
    • Aramid
    • Polyamide
    • Polyolefins
    • Cotton Fibers
    • PBI
    • UHMW Polyethylene
    • Laminated Polyesters
 On the basis of end-use industry, the global market is segmented into:
    • Construction
    • Oil & Gas
    • Mining
    • Healthcare
    • Military
    • Manufacturing
On the basis of application, the global market is segmented into:
    • Thermal
    • Chemical
    • Mechanical
    • Biological/Radiation
    • Visibility
Protective clothing is used in the construction, chemicals, and oil & gas industries, owing to properties such as inherent non-flammability, high durability, and excellent dimensional stability resistance to chemicals and heat. In the chemicals industry, it is used for protection against liquid chemicals such as sodium hydroxide, sulfuric acid, and also hazardous gases. It is also used for protection from flame, welding, heat, and sparks from molten metal. In the mining industry, protective equipment such as waterproof suits, breathing masks, and helmets are widely used. Protective clothing made from polyamides, offers various benefits such as protection against flames, high mechanical strength, excellent thermo stability, high chemical resistance, and protection against gas emissions.
Protective Clothing Market Outlook – Increasing Safety Concerns and Hazard Prevention Expected to Fuel Demand
Hazardous work environment and stringent regulations for employee safety has rapidly amplified the consumption of protective clothing globally. Laws such as The Construction (Head Protection) Regulations 1989, The Control of Substances Hazardous to Health Regulations 2002, The Control of Lead at Work Regulations 2002, The Ionising Radiations Regulations 1999, The Noise at Work Regulations 1989, The Control of Asbestos at Work Regulations 2002, and others have inadvertently boosted growth of the protective clothing market. The Asia Pacific region is expected to possess maximum potential for elastomeric coating manufacturers. The market in the region is projected to witness relatively high growth in terms of value, over the forecast period. Growing population coupled with rapidly increasing manufacturing and allied industries is expected to fuel demand for protective clothing in the region, which in turn is anticipated to enhance the protective clothing industry.
High initial price of the protective clothing is expected to be one of the restraining factors for the growth of the protective clothing market over the forecast period. Innovation in products and expansions in different geographies are some of the key strategies adopted by the top players in the protective clothing market. In 2016, Honeywell announced investment of US$ 100 million for expansion of the Asia Pacific regional headquarters and R&D facilities in Shanghai. This would complement the company’s network of R&D facilities across the globe. Some of the major companies operating in the market globally are 3M Company, Kimberly Clark Corp, Ansell Limited, Lakeland industries, Honeywell International Inc., Royal Ten Cate, Sioen Industries NV, and E.I. du Pont de Nemours and Company.

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