Tuesday, 30 April 2019

Chia Seeds Market Revenue, Industry Growth and Demand 2026

Chia is edible seed of plant Salvia hispanica, a flowering plant found in Latin America. Latin America is considered as one of the main suppliers, as the region accounted for over 80% of global chia seeds supply in 2016. Chia seeds are preferred for massive amount of nutrients with very few calories. The seeds mainly consists of fibers, protein, fats, calcium, manganese, magnesium, and phosphorous with traces of zinc, vitamin B1, B2, B3 and potassium. The seeds improve metabolic health and reduce risk of heart diseases & type 2 diabetes. The seeds prevent premature skin aging, bone & muscle strength improvement and prevention of free radicals within body cells. Such health benefits are propelling demand for chia seeds in the food, beverage, personal care, and nutraceuticals industries.
Moreover, increasing demand for chia seeds in dietary supplements & protein bars and natural food ingredients in food & beverage industry, preference of organic & gluten free vegan diet fuelled by growing awareness about chia seeds especially among professional athletes are some of the factors driving growth of the global chia seeds market. Moreover, preference of non-GMO chia seeds for cultivation is an immense opportunity for raw material suppliers and distributor to invest into chia seeds market. However, stringent regulations imposed on use of food & personal care ingredients by regional government authorities such as FDA, EFSA and less awareness about importance of chia seeds in developing economies are major challenges for growth of the chia seeds market.
Among colors, black chia seeds segment generated highest revenue in global chia seeds market in 2016. The segment is projected to lead the market over the forecast period due to presence of higher amount of anti-oxidants as compared to white chia seeds.
Europe is expected to show significant growth in global chia seeds market throughout the forecast period. In Europe, Germany and Netherlands are the most lucrative markets for chia seeds. According to Eurostat data, in 2016, Germany accounted for over 40% of total imports of chia seeds in Europe. Moreover, increasing popularity of chia seeds as a superfood due to its nutritional contents, is playing important role for market growth in Europe.
According to Coherent Market Insights study, the global chia seeds market was valued at US$ 0.36 billion in 2016 and is expected to witness a CAGR of 34.48%, in terms of revenue, over the forecast period (2017 – 2025).
Food & beverages segment held highest revenue share of 55.4% in the global chia seeds market, in 2016 and the segment is projected to maintain its dominance throughout the forecast period. In food & beverage industry, chia seeds are preferred in the preparation of breakfast cereals, protein bars, ready-to-eat meals, snacks, energy drinks, bakery and various other products.
Major Players in the Global Chia Seeds Market -
The major players in the global chia seeds market include Glanbia Nutritionals, Navitas Organics, Benexia, Nutiva Inc., Garden of Life, Mamma Chia, Salba Smart Natural Products and Spectrum Organics Products LLC among others.
Key players are strategically investing in the chia seeds market, to enhance their product sales through smart business strategies. For instance, in April 2017, Benexia set up a new lipid research center in Belgium, Europe. The research center advise customers on the proper market positioning of chia seed ingredients in various applications for dietary supplements, food and beverages, including fats and oils, vegetable spreads, condiments, cooking oils, mayonnaise, dressings, and sports nutrition formulas.
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Tomato Seeds Market- Industry Insights, Outlook, and Opportunity Analysis, 2017-2025

Tomato is cultivated in temperate climates and greenhouses. They are used in various cuisines and have significant demand from the food industry. Increasing demand for various hybrid seeds due to its advantages such as fruit firmness, early maturity, high yield, and flavor is propelling the growth of tomato seeds market. Development of new varieties such as grape tomatoes are also fueling the growth of this market. Also, increasing awareness regarding health benefits of tomatoes such as reduction in risk of cardiovascular diseases, cancer, diabetes, and others has augmented the demand for tomatoes, which in turn is propelling the growth of tomato seeds market. Furthermore, increasing demand for tomatoes by the food processing industry for the production of paste, juice, sauce, ketchup, and others is driving the growth of tomato seeds market. However, perishable nature of tomato seeds and high initial investments are some of the barriers for tomato seeds market.
Tomato Seeds -Market Taxonomy:
On the basis of product type, tomato seeds market is segmented into:Hybrid Tomato Seeds,Open Pollinated Tomato Seeds,Heirloom Tomato Seeds
On the basis of farming, tomato seeds market is segmented into:Farmland,Greenhouses,Others
Different hybrid, open pollinated, and heirloom tomato seeds are available for different varieties of tomatoes such as cherry tomato, roma tomatoes, beefsteak tomatoes and others.
Tomato Seeds -Market Outlook
North America region is the largest tomato seeds market due to the lucrative demand for tomatoes from the fresh and processed food industry. According to the Vegetables and Pulses Yearbook, 2017, U.S. Department of Agriculture (U.S.DA), total production of tomatoes in the U.S. was 3,129.4 million pounds in 2016. The per capita utilization of tomatoes for processing was 56 pounds per person in 2015, which increased to 61.2 in 2016. Also, per capita utilization of fresh tomatoes was 20.5 pounds per person in 2015, which increased to 21.3 pounds per person in 2016. Furthermore, the U.S. has significant demand for canned tomatoes, which in turn is driving the growth of tomato seeds market. For instance, per capita use of tomatoes for canning in 2015 was 56.3 pounds, which increased to 61.2 pounds.
Asia Pacific is the fastest growing region in tomato seeds market with China being the largest producer of tomatoes, followed by India. Tomatoes have significant demand from the food processing industry in this region. According to the report published by Deutsche Gesellschaft Für Internationale Zusammenarbeit GMBH (GIZ) in 2016, demand for the tomato processed food in India is annually increasing by 30, owing to increasing demand for ketchup, pasta sauce, ready-to-eat products, gravies and bulk supplies to fast food restaurants, hotel chains, and retail food chain. According to the survey conducted by the Associated Chambers of Commerce of India in June 2016, the demand for tomato puree and ketchup has surged by 40% due to surging prices of fresh tomato and trend towards easy-to-cook meals. This growth in tomato processing industry is driving the growth of tomato seeds market.
Demand for tomato seeds is significantly increasing in Europe due to increasing demand for tomatoes by food industry. According to European Commission, approximately 17.9 million tons of tomatoes were produced in European Union in 2016. Italy and Spain were the major contributors and produced two third of the total tomato production in EU.
The companies operating in the tomato seeds market are adopting various growth strategies such as new product development, merger and acquisition, and partnerships for business expansion. For instances, in 2017, Monsanto Company launched Seminis tomato hybrid seeds. In 2016, Advanta Limited announced partnership with A&M AgriLife Research for the development of seed technology for cash crops such as tomato.
Key players operating in the tomato seeds market include Monsanto Company, Bayer AG, Syngenta AG, Takii & Co. Ltd., Group Limagrain, Advanta Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V., VoloAgri Group, Sakata Seed Corporation, and Mahindra Agri Solution Limited.

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Frozen Meat Market Industry Analysis, Growth and Forecast 2026

The market is projected to reach US$ 33.9 billion by the end of 2027, at a CAGR of 4.9% over the forecast period, attributing to increasing demand for meat and packaged food.
Frozen meat offers various advantages such as longer shelf life, food safety, and others, and is expected to drive growth of the frozen meat market over the forecast period. Moreover, frozen meat products help reduce food waste, are easy to cook. The freezing action inhibits growth of potentially harmful bacteria, which are a cause of food poisoning. Due to rapid freezing, the texture, taste, and freshness of food items is maintained. If there is little water present, it transforms itself into ice crystals, thus locking freshness and nutritional value. These factors are expected to increase the demand for frozen meat over the forecast period.
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Distribution channels of frozen meat include supermarkets, hypermarkets, online, convenience stores, and others. Other distribution channels include specialty stores and departmental stores. Supermarkets segment is expected to grow at a faster pace during the forecast period. Increasing urbanization in emerging economies of Asia Pacific and Latin America has led to increased consumption of packaged food products. For instance, according to the India Brand Equity Foundation (IBEF), the number of supermarkets in India grew from 500 stores in 2006 to 8,500 stores by 2016.
High tariffs imposed on imported meat products is projected to hamper the market growth. For instance, in 2017, the Japan Ministry of Finance announced raised tariffs on beef imports from the U.S. The raised tariffs were announced to protect the domestic meat producers who were facing significant losses due to low-priced meat imports. However, technological advancements in the frozen meat industry are expected to increase demand for frozen meat in the near future.
The global frozen meat market was valued at US$ 22.18 billion in 2018 and is expected to register a CAGR of 4.9% in terms of revenue over the forecast period (2019 – 2027).
North America is the fastest growing region and accounted for the largest market share of around 34.6% in 2018, owing to increasing demand for protein rich food and advancement of technology in the food industry. Hectic lifestyle and changing consumer dietary patterns are also driving the market growth.
Furthermore, companies are focusing on product development in order to expand their product portfolio. For instance, in 2016, Kerry Group Plc. launched a range of American frozen dishes under the brand name ‘The Shack’ in the U.K. The products include beef burrito, chicken fajita, and macaroni and cheese. The products will be sold exclusively through U.K. frozen food retailer Iceland.
Among meat type, poultry segment held significant market share of 33.4% in the global frozen meat market in 2018. Frozen poultry meat has an extensive shelf life compared to conventional raw meat, which in turn is expected to bolster the demand for frozen meat in the near future.
Players operating in the global frozen meat market are adopting various growth strategies such as mergers & acquisitions and business expansions to cater to increasing demand for frozen meat. For instance, in 2016, Cargill, Inc. acquired Five Star Custom Foods, Ltd., which produces cooked meat crumbles, soups, and sauces for both restaurants and food producers in the U.S. Five Star Custom Foods, Ltd. also produces individually quick frozen (IQF) meat crumbles to retain their taste, texture and appearance.
Major players operating in the global frozen meat market include Kerry Group Plc., Associated British Foods Plc., BRF S.A., Verde Farms LLC, JBS S.A., Marfrig Global Foods S.A., Cargill Inc., Tyson Foods, Inc., Pilgrim’s Pride Corporation, and V H Group.
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Monday, 29 April 2019

Honeycomb Packaging Market Industry Growth, Outlook and Forecast 2026

Honeycomb structures are naturally occurring or man-made that have the geometry of a honeycomb. These are used between two thin sheets to make materials for honeycomb packaging. Honeycomb structure aids the material used in packaging in reducing density and increasing shear and compression properties. This enables in minimizing the material usage and maximizes strength. Honeycomb packaging is 100% ecofriendly, lightweight, shock absorbent and does not change in dimensions with temperature variations. It provides advantages such as easy handling and transportation, easy disposal, and low cost.
Increasing demand for sustainable packaging by various industries such as automotive, furniture, consumer goods, and others are the major growth drivers for honeycomb packaging. Furthermore, the growing demand for e-Commerce sector owing to increasing utilization of smart phones is propelling the growth of packaging industry, which in turn has augmented the growth of honeycomb packaging.
Increasing demand for flexible packaging is the major challenge to honeycomb packaging market. Stringent government regulation by U.S. Environmental Protection Agency and other regulatory bodies on the recyclability and environment hazards of the material used in flexible packaging such as plastic and aluminium is expected to boost growth of the honeycomb packaging market as honeycomb packaging is made from environment friendly material. 
The honeycomb packaging market is segmented on the basis of packaging type as exterior packaging, interior packaging, pallets, and others. Exterior packaging is the largest packaging type segment in the market as it provides enhanced safety in product transportation and is easy to handle.
The honeycomb packaging market is segmented on the basis of end-use industry as automotive, consumer goods, food and beverages, furniture, industrial goods, and others. Protective packaging is an important part of the automotive supply chain. Honeycomb packaging is the effective method for packaging bulky products and automotive parts as it offers enhanced safety.
North America was the dominant market with a market share of 34.79% in 2016. This is attributed to various initiatives taken by government agencies such as US Environment Protection Agency (EPA) to reduce packaging wastage. According to the United States Environment Protection Agency (EPA), packaging materials form 23% of the landfills. The government has set regulations to reduce packaging wastage and this is driving demand for environment friendly packaging materials such as honeycomb packaging. The significant growth in e-Commerce has also augmented growth of honeycomb packaging For instance, according to the US Census Bureau, the e-Commerce sales accounted for 7.3% of total sales among the sales through various distribution channels such as retail, supermarkets and others in 2015 and increased to 8.1% in 2016.
Asia Pacific is the fastest growing market in the forecast period. This is attributed to growing demand for packaging from automotive and e-Commerce sectors in emerging economies such as India and China. For instances, according to Automotive Mission Plan 2016–26 by Society of Indian Automobile Manufacturers (SIAM) and Indian Government, the Indian automotive OEM market is expected to grow from 10% to 15% to reach US$ 16.5 Bn by 2021 from US$ 7 Bn in 2016 and generate upto US$ 300 Bn in annual revenue by 2026. According to India Brand Equity Foundation, the total online spending by the consumers is estimated to increase by 31% Y-o-Y to reach US$ 135.8 Bn by 2018 and cross border shopping was valued at US$ 9.1 Bn in 2016 and is estimated to increase by 85% Y-o-Y in 2017.
Honeycomb packaging market was valued at US$ 9.64 Bn in 2016 and is projected to register a CAGR of 6.5% in terms of revenue, during 2017–02025.
The major market players operating in the honeycomb packaging market are ACH Foam Technologies, BASF SE, DS Smith Plc, Huhtamaki Group, Lsquare Eco-Products Pvt. Ltd., Packaging Corporation of America, Sealed Air Corporation, Sonoco Products Company, Smurfit Kappa Group, and WestRock Company.
The honeycomb packaging market is highly competitive with the major market players adopting various strategies such as merger and acquisitions, collaborations and new product launches to gain an edge in the market. For instance, in April 2015, Smurfit Kappa Benelux, which is a subsidiary of Smurfit Kappa, acquired Mexican and European operations of Hexacomb, which is a subsidiary of Packaging Corporation of America. Also, in March 2017, Automated Packaging Systems launched a new AirPouch FastWrap, which is a cost effective packaging solution as compared to other wrappings such as pre-filled and paper bundled bubble and foam sheeting.
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Sunday, 28 April 2019

Agricultural Biological Market - Size, Share, and Forecast to 2025

Agricultural biological are ecological and organic agricultural systems that use green and environment friendly fertilizers, stimulants and pesticides, and other ecological methods and techniques. Agricultural biological system is ecologically and economically sustainable system that reduces the adverse effects on environment by minimizing the use of synthetic and chemical fertilizers.
The growing environmental awareness coupled with the stringent government rules regarding the use of synthetic products are the major driving factors for the growth of global agricultural biological market. Moreover, increasing demand for synthetic chemicals free agricultural products, regulatory assistance, and government subsidies on agricultural biological products is further expected to surge the market demand. Furthermore, shrinking arable land and strive for higher yield and productivity are also expected to fuel the market growth. The growing use of soil treatment with agricultural biological products to improve crop yield and nutrient growth is further acting as a major contributor to the market. However, low adoption rate of products and increased use of counterfeit products are a major down side to the global agricultural biological market.
North America is the dominant region in the global agricultural biological market, followed by Europe and Asia Pacific and is expected to maintain its dominance over the forecast period (2017 - 2025). The North American market was valued at US$ 2.08 billion in 2016 and is expected to reach US$ 6.82 billion by 2025. The growing adoption rate of agricultural biological systems coupled with the developed agricultural sector are the major driving factors for the growth of market. Moreover, the strict government rules related to the use of synthetic chemicals along with the high consumer preference for clean and chemical free agricultural produce is further fuelling the market growth. The U.S and Canada are the major economies adopting agricultural biological systems in the region. According to the International Federation of Organic Agriculture Movements (IFOAM) around 3 million hectares of farmland in North America was under organic agriculture in 2015, out of which 2 million hectares was in U.S and 0.9 hectares million in Canada.
Europe is the second largest region in the global agricultural biological market and is expected to show the same trend over the forecast period (2017 - 2025). The European American market was valued at US$ 1.62 billion in 2016 and is expected to reach US$ 5.36 billion by 2025. The increasing adoption rate, owing to the strict government regulations relating to conservation of environment coupled with the increasing awareness of the population are the major market drivers. The major economies adopting agricultural biological techniques are Spain, Italy, and France. According to the International Federation of Organic Agriculture Movements (IFOAM) around 10.3 million hectares of farmland in Europe was under organic farming in 2014, out of which 1.7million hectares was in Spain, 1.4 million hectares in Italy, and 1.1 million hectares in France.
Asia Pacific is the fastest growing region in agricultural biologicals market and is expected to show the same trend during the forecast period. Asia Pacific market was valued at US$ 1.35 billion in 2016 and is expected to reach US$ 5.59 billion by 2025. The growing population in the region has led to the increasing demand for agricultural produce, which in turn has propelled the adoption rate of agricultural biological techniques, owing to the higher yield and enhanced nutrient and plant growth. According to the International Federation of Organic Agriculture Movements (IFOAM), around 3.6 million hectares of farmland in Asia Pacific was under organic farming in 2014, out of which 1.9 million hectares was in China and 0.7 million hectares in India.
Based on Region, North America region has the largest market in 2016 and is expected to show the same trend during the forecast period. North America holds a revenue of US$ 2.08 billion and is expected to grow at a CAGR of 14.1% from 2017 - 2025.
Major Players in the Global Agricultural Biological MarketThe major players operating in the global agricultural biological market includes Syngenta AG, The Dow Chemical Company, Bayer CropScience Company, BASF SE, Isagro Company, Novozymes A/S, Marrone Bio Innovation Inc., Valent BioSciences Corporation, and Koppert Biological Systems.
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Thermally Conductive Polymers Market Analysis Contributing Top Vendor Landscape and Economic Growth 2026

The global thermally conductive polymers market is projected to reach US$ 430.7 million by 2027 witnessing a CAGR of 13.1% over the forecast period. This growth is attributed to growing end-use industries such as electrical & electronics, automotive, aerospace & defense, and medical industries. Moreover, increasing demand for compact, smart, inexpensive, and high performance products is expected to drive growth of the electronics industry, which in turn is expected to propel demand for thermally conductive polymers over the forecast period.
On the basis of product type, thermally conductive polymers can be classified into polyphenylene sulfide (PPS), polybutylene terephthalate (PBT), polyamide (PA), polycarbonate (PC), polyethylenimine (PEI), polysulfone (PSU), polyether ether ketone (PEEK), polyolefin, epoxy, silicone, polyurethane, and others. Other products consist of thermoplastic elastomers and acrylonitrile butadiene styrene (ABS).
The polyamide segment is expected to witness a faster growth rate during the forecast period. This is attributed to good flow properties of PA, which enables it to be easily molded into complicated shapes with high surface to volume ratios. For instance, Osram — a major lighting company — uses Stanyl TC (thermally conductive polyamide 46 of Royal DSM) in heat sinks of large LED down lights. The material is used as an alternative for aluminum due to its molding properties, which enables it to be shaped into complicated geometries that help in removing heat from LED light source.
Lower thermal conductivity and higher filler loading of polymers compared to metals is projected to hamper the market growth. However, technological advancements in the industry are expected to boost demand for thermally conductive polymers over the forecast period. For instance, according to a study, ‘Hybrid conductive filler/polycarbonate composites with enhanced electrical and thermal conductivities for bipolar plate applications’, published by Polymer Composites Journal in 2018, a triple-filler system of carbon nanotube, carbon fiber, and graphite was developed and analyzed for its thermal properties. The results showed that this hybrid filler exhibits good thermal as well as electrical conductivity. Favorable growth of end-use industries across the globe creates a high growth opportunity for manufacturers in the thermally conductive polymers market.. For instance, according to the Automobile Industry Pocket Guide 2017 / 2018 published by European Automobile Manufacturers’ Association, the global motor vehicle production reached 96.1 million units in 2016 from 91.6 million units in 2015.
The global thermally conductive polymers market was valued at US$ 141.8 million in 2018, and is expected to register a CAGR of 13.1% in terms of revenue over the forecast period (2019 – 2027).
North America is the fastest growing market and accounted for the largest market share of around 43.8 % in 2018. This is owing to significant growth of various end-use industries such as electrical & electronics, automotive, and aerospace & defense in the region. For instance, according to Aerospace Industries Association, the U.S. aerospace & defense industry generated US$ 872 billion in sales in 2016, which increased from US$ 604.7 billion in 2015.
Furthermore, key players in the market are focused on developing advanced technologies and superior-grade materials to enhance their market share. For instance, the paper – ‘Highly thermally conductive yet electrically insulating polymer/boron nitride nanosheets nanocomposite films for improved thermal management capability’— published by American Chemical Society in December 2018 — reported an advanced nanocomposite polymer, which contains boron nitride nanosheets as a filler material. According to the research, the polymer exhibits high thermal conductivity along with excellent electrical insulation. The research results also stated that this nano polymer composite can be easily incorporated in transistors to uniformly dissipate the heat.
Among filler type, carbon-based fillers segment held significant market share of 34.0% in the global thermally conductive polymers market in 2018. The segment growth is driven by beneficial properties of carbon-based fillers such as abundant availability, low cost, and easy functionalization.
Key players operating in the global thermally conductive polymers market are adopting various growth strategies such as mergers & acquisitions and business expansion to enhance their market share. For instance, in October 2016, Celanese Corporation acquired SO.F.TER Group (manufacturer of engineering thermoplastics and thermoplastic elastomers). The acquisition is expected to help Celanese Corporation to enhance its product portfolio and expand its global presence.
Major players operating in the global thermally conductive polymers market include, RTP Company, PolyOne Corporation, Celanese Corporation, SABIC, Covestro AG, Royal DSM, Mitsubishi Engineering-Plastics Corporation, HELLA GmbH & Co., and Torray Industries, Inc.
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Stearyl Alcohol Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Stearyl alcohol is derived from naturally-occurring sources such as coconut oil by catalytic hydrogenation. It is an organic compound classified as fatty alcohol and has a boiling point of 210 °C and melting point of 60 °C. It takes the form of flakes or granules, which are insoluble in water. The compound comes under the category of long chain unsaturated or saturated fatty alcohols. Stearyl alcohol is primary used as emollient in creams and ointments.
Market Dynamics:-
Europe is one of the largest markets for stearyl alcohol due to increasing demand for personal care and cosmetics products. According to the U.S. Department of Commerce’s International Trade Administration, cosmetic market of France generated a revenue of US$ 11.37 billion in 2018 compared to US$ 11.17 billion in 2015.
Market Outlook:-
Increasing disposable income and high demand for hair care products such as hair cream and shampoos is expected to lead to surge in demand for stearyl alcohol. According to India Brand Equity Foundation, the personal care market in India is expected to reach US$ 20 billion by 2025 from US$ 6.5 billion in 2015. Therefore, significant growth in the personal care market is expected to boost the stearyl alcohol market growth over the forecast period.
Key Players:-
Major players operating in the global stearyl alcohol market include, Kao, BASF, Godrej, KLK OLEO, Arizona Chemical, Acidchem International, Oleon, Sinarmas Cepsa Pte. Ltd., Vegetable Vitamin Foods Company, Kokyu Alcohol Kogyo Co., China Resources, Flora Sawita, P&G Chemicals, Akzo Nobel, New Japan Chemical Co., Ltd., Ltd. PT Smart Tbk, Pan Century, and others.
Market Taxonomy:-
On the basis of grade, the global stearyl alcohol market is segmented into:
    • Technical
    • Commercial
    • United States Pharmacopeia (USP)
On the basis of application, the global stearyl alcohol market is segmented into:
    • Emulsion Stabilizer
    • Emollient
    • Foam Booster
    • Viscosity Modifier
    • Emulsifying Agent
    • Fragrance Ingredient
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Saturday, 27 April 2019

Medium-chain Triglycerides Market, by Fatty Acid Type, Application, and Geography - Trends and Forecast till 2025

Medium-chain triglycerides are saturated fats, synthesized from fatty acids. The compounds are used in various applications, due to its health benefits such as dietary supplements, infant nutrition, personal care products, and medicinal products. Growing health awareness and large population in Asia Pacific has led to increased diagnosis of digestive disorders. According to the National Institute of Diabetes and Digestive and Kidney Diseases, around 60 to 70 million people in U.S. were affected by digestive disorders such as diarrhea, celiac disease, Crohn’s disease, and steatorrhea among others. Also, rising cases of malnourishment in Asia Pacific, Latin America, and Africa is expected to fuel growth of the medium-chain triglycerides market. MCT are prescribed for malnourished children to enhance body development. According to World Health Organization (WHO), severe acute malnutrition affects around 19 million children worldwide in 2016.
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North America and Asia Pacific accounted to held major share in the global medium-chain triglycerides market, in terms of revenue in 2016. Asia Pacific is expected to replace North America as the dominant region in the market by 2025. North America held a share of 28.69% in terms of revenue, followed by Asia Pacific (26.72 %) in 2016. Growing demand for dietary supplements in Asia Pacific, due to rising consumer awareness coupled with growing retail sector is expected to drive growth of the medium-chain triglycerides market in the region over the forecast period. For instance, according to India Brand Equity Foundation (IBEF)—a Trust established by the Department of Commerce, Ministry of Commerce and Industry, and Government of India—the retail market in India is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015, due to rising disposable income, urbanization, and attitudinal shifts. Asia Pacific is expected to exhibit a CAGR of 8.53% over the forecast period and is expected to reach US$ 729.4 million by 2025.
Key factors such as favorable growth in sport activities across region, rise in strategic marketing activities by leading manufacturers to build a larger consumer base, and increasing demand for functional food supplements are expected to fuel growth of the market. Moreover, increasing fitness awareness among people fuelled by government healthcare campaigns is expected to propel growth of medium-chain triglycerides market over the forecast period. 
Also, stringent government regulations regarding quality of dietary supplements, ensure protection against adulteration and identification of banned ingredients. In the U.S., the National Science Foundation’s Internationals Certified for Sport was created to ensure that supplement label facts match the actual constituents in the product. The NSF GMP certification process indicates that a manufacturer has gone through a stringent manufacturing audit process to meet the guidelines set by NSF. This is expected to regulate the quality of products in the market and may act as a restraining factor for growth of the manufacturers.
Europe was valued at US$ 306.6 million in 2016. Increased adoption among sportspersons and bodybuilders has led to the growth of dietary supplements segment. Also, increased adoption by the medical applications for the treatment of diseases and disorders such as gall bladder disease, obstructive jaundice, AIDS, biliary cirrhosis, cystic fibrosis, pancreatitis, Whipple’s disease, Crohn’s disease, Alzheimer's disease, and seizures has fueled growth of the medium-chain triglycerides market.
The global medium-chain triglycerides market was valued at US$ 1,309.8 million in 2016 and is expected to exhibit a CAGR of 6.55%, in terms of revenue, during 2017 – 2025.
North America and Asia Pacific accounted for major shares in the global medium-chain triglycerides market, in terms of revenue, in 2016 and this trend is projected to sustain throughout the forecast period. However, lack of awareness among populace in rural areas of emerging economies and premium pricing are major factors restraining the market growth, especially in Asia Pacific.
Major Players in the Global Medium-chain Triglycerides Market
Major players operating in the global medium-chain triglycerides market include BASF SE, Wilmar International Limited, Lonza, Koninklijke DSM N.V., Stepan Company, Nutricia, Jarrow Formulas, E. I. du Pont de Nemours and Company, KLK Oleo, and The Procter & Gamble Company.
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Friday, 26 April 2019

Bromine Derivatives Market Industry Growth, Market Trends and Outlook 2026

Bromine derivatives are mainly categorized into two segments, inorganic bromine derivative and organic bromine derivatives. Inorganic bromine derivatives mainly includes Calcium Bromide, Potassium Bromide & Sodium Bromide. Organic bromine derivatives includes Ethylene dibromide, Methyl Bromide, Hydrobromic Acid (Hydrogen Bromide), Tetrabromobisphenol A, Decabromodiphenyl Oxide and Octabromodiphenyl oxide.
Market Dynamics
Bulk availability of bromine feedstock and increasing oil & gas exploration activities in Asia Pacific, South America, and Africa are creating highly conductive environment for growth of bromine derivatives market in these regions. In addition to this, increasing demand for bromine derivatives in water treatment and Mercury Emission Control by power plants is expected to have positive impact on growth of the market in the near future.
However, stringent regulations imposed on use of synthetic bromine derivatives is a major challenge for market growth. For instance, in 2016, European Union (EU) published Regulation 2016/293 prohibiting hexabromocyclododecane, which is a bromine containing flame retardant. It has applications such as filling bean bags, electrical appliances, packaging materials, textile coating additive, and upholstered furniture.
Market Outlook
Among application, flame retardant segment accounted for the highest market share in 2017. The segment is expected to lead the market throughout the forecast period (2018-25). Rising fire accidents globally has resulted in increasing demand for bromine based flame retardants. According to the National Fire Protection Association (NFPA), between 2011 and 2015, municipal fire departments in the U.S. responded to an average of 37,910 fires at industrial or manufacturing properties every year with annual losses from these fires estimated at 16 civilian deaths, 273 civilian injures, and US$ 1.2 billion in direct property damage totally.
Among end-use industries, chemical segment dominated in the market in 2017. Owing to extensive applications of bromine derivatives in chemical industries, the segment is projected to maintain dominant position in the market over the forecast period.
Asia Pacific is projected to be the fastest growing region in the market over the forecast period. Key factors such as bulk availability of Bromine Feedstock, and rapid penetration of Chemical, pharmaceutical, Personal Care companies into emerging economies such as China and India are creating immense opportunities for growth of bromine derivatives market.
Key players in Global Bromine Derivatives Market
Key players operating in the global Bromine Derivatives market include Israel Chemicals Limited, Albemarle Corporation, LANXESS (Chemtura Corporation), Jordan Bromine Corporation, Tosoh Corporation, Tata Chemicals Limited, Gulf Resource Inc., TETRA Technologies Inc., Honeywell International Inc., and Perekop Bromine Factory among others.
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Thursday, 25 April 2019

Optical Brighteners Market Growth Opportunities, Revenue, Industry Analysis and Forecast 2026


Optical brighteners are compounds that absorb light in the violet or ultraviolet region of the electromagnetic spectrum and reemit it in the blue region, by a process known as fluorescence. Optical brighteners are also referred to as fluorescent whitening agents or fluorescent brightening agents. Optical brighteners possess properties such as are whiteness and brightness, light fastness, washing fastness, heat resistance, chemical stability, metamerism, low volatility and high solubility in organic solvents. Optical brighteners are mainly used to brighten colors or mask yellowing and are thus, used  as detergent whiteners, paper brighteners, as well as textile whitening, fiber whitening, and brightening or color-correcting additives in cosmetics. They are also used in plastics to improve its initial color, provide white end-use products, and increase brightness of black and colored pigmented articles. Optical brighteners are widely used in molded thermoplastics, adhesives, fibers, films and sheets, clear and pigmented lacquers, paints, synthetic leather, printing inks, photo processing solutions, and ultraviolet tracers.
Increasing demand for optical brighteners in various applications such as detergents, plastics, fibers, and paper poses as a major factor driving growth for the optical brighteners market. Stringent government regulations imposed on the use of chemical agents in consumer products due to its unfavorable repercussions on health, poses as a major restraint for growth of the optical brighteners market. 
Optical Brighteners - Market Outlook
Europe has the largest market for optical brighteners, owing to increasing demand for optical brighteners in personal care products such as shampoos and soaps, especially in Germany, Italy, and France. According to Plastics Europe, an association of European plastic manufacturers, Europe held a share of 18% in the world plastic production in 2015 and was recorded to be the world’s second largest producer of plastics. Thus, the growing plastic industry, which employs optical brighteners, has in turn, increased the demand for optical brighteners in Europe.
Asia Pacific is the fastest growing market, owing to significant growth of end-use industries such as textiles, consumer products, and packaging, especially in countries such as in India and China. China experiences the largest demand for optical brighteners in its paper industry. Department of Commerce, Ministry of Commerce and Industry established trust, Brand Equity Foundation (IBEF) projected the Indian textile industry to reach US$ 123 billion by 2021 and the demand for paper in India to increase by 53%. This, in turn, is expected to augment growth of the optical brighteners market in the region.  
North America experiences significant demand for optical brighteners due to demand for high quality products such as detergents, cosmetics, plastics, and fabrics.
In Latin America, Middle East, and Africa, increasing health awareness and disposal income among the populace are propelling demand for consumer care products, which is in turn, fueling growth of the optical brighteners market.
Major players in optical brighteners market are adopting strategies such as merger and acquisition, plant expansion, and innovation to sustain their position in the global market. 3 V Incorporation ,  Aron Universal, Archroma, BASF SE, AkzoNobel N.V., Brilliant Colors Inc., Clariant AG, Eastman Chemical Company, Huntsman Corporation, Keystone Aniline Corporation, RPM International Corp., and The Fong Min International Company Limited are some major market players operating in the optical brighteners market.
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Fire Protection Materials Market Feature Trends, Industry Insights, Outlook 2018-2026

Fire protection material are materials that help resist and withstand fire. These materials are used to reduce the effects of destructive fires by minimizing the harm caused to the body. These materials can be classified into active fire protection materials or passive fire protection materials. Active fire protection materials are those that require some kind of motion and action for its protection such as the fire extinguishers used by the fire fighters, whereas passive fire protection materials are those that are installed in a building, which do not require any motion or action such as the fire resistant walls, floors, and fire doors.
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The increase in number of fire accidents, leading to the loss of life and valuable assets has made various construction companies more vigilant, compelling them to employ fire protection measures for safety, in turn, boosting the fire protection materials market. Moreover, the increase in demand from the major application industries, such as industrial and commercial constructions and oil and gas industries, has boosted the market growth.
Intumescent thin film coatings have been replacing conventional techniques such as fillings, boards, and sprays. These coatings are extensively used by architects, contractors, builders, and engineers in the protection of steel. New innovations are boosting the productivity of fire productive materials. Epoxy intumescent is one such innovation, which is widely used in Oil rigs.
Fire Protection Materials Market Outlook:
North American market is the largest market for fire protection materials. Owing to well-established industries and increased safety awareness among the populace, North American market is expected to sustain its leading position during the forecast period. Moreover, stringent laws and regulations specified by the OSHA, ANSI, UL, NFPA, and CCOHS in countries such as America and Canada, specifies the standards that products are required to adhere to and fire codes. This creates an increase in demand for Fire protection products. According to the National Fire Protection Association (NFPA), a decrease of around 21% in fire hazards has been observed over the last 5-10 years, which is mainly due to the adequate use of fire protection materials and the amendments of strict fire codes across the region. In addition to this, growth of the aerospace industry has further augmented the demand for fire protection materials in the region.
Growing construction industry, improving warehousing facilities, and increasing renovation of existing buildings are the driving factors for growth of the market in Europe. Moreover, increased spending on infrastructure, non- residential constructions, and urban housing projects in Eastern Europe, have led to the increase in demand for fire protection products in the region. The recent Grenfell Tower tragedy in 2017 has increased awareness regarding fire protection measures in the region, thereby attracting more investment from the government in fire protection materials. Europe is considered to be the second largest market for global fire protection materials.
Owing to the huge investments in end-use industries and high growth in infrastructural development, industrial development, and construction, Asia-Pacific is projected to be the fastest growing market for fire protection materials. The recent growth of the ware housing facilities in emerging economies such as India and China, have further augmented the fire protection materials market in this region.
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The Middle East and Africa are expected to be the second fastest growing market for fire protection materials. The increase in growth of the construction industry, industrialization, and disposal income of the population are the factors driving growth of the market in these regions. The high demand for fire protection materials in the oil and gas industry is also contributing to growth of the fire protection material market. The innovation of epoxy intumescent has further increased growth of the market for fire protection materials. Growth in the construction sector of Qatar, owing to the FIFA world cup 2022, has been a major driving factor fueling demand for fire protection materials in the region. Planned investments are made in Lusail City, Al Jawhara city and in Barwa for fire protection material.
Major players are adopting various organic and inorganic growth strategies. For instance, Republic Elite acquired a merger with LDC Stone, Inc. in 2017.
The major players in the fire protection materials market include Hilti Group, 3M Co, Akzo Nobel N.V., Morgan Advanced Materials, Specified Technologies Inc., Etex, Tremco Incorporated, BASF SE, Isolatek International (U.S.), USG Corporation, Hempel Group, PPG Industries Inc., W.R. Grace & Co., Rolf Kuhn GmbH, and Rectorseal.
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