Monday, 4 March 2019

Sunflower Seeds Market Analysis, Demand, Outlook, and Opportunity Analysis, 2018–2025

Sunflower seeds are excellent source of vitamin E and omega-6 fatty acids, owing to its nutritional benefits, sunflower oil finds wide application in domestic cooking. It contains over 80% of monounsaturated fats, which makes it good for heart. Vitamin E helps to improve the health of skin and prevents cardiovascular diseases. For instance, according to World Health Organization (WHO), sunflower oil and Aquaphor significantly recover epidermal or skin related diseases. Sunflower seed holds a significant position in the agricultural producing countries such as Ukraine, Russia, Argentina, China, Romania, and others. According to International Potash Institute and State Statistics Service of Ukraine, Ukraine holds first place in global production of sunflower with 25% share, followed by Russia with 22%. Ukraine exports around 57 % of the world’s total sunflower.
Market Dynamics
The animal feed market is one of the largest segments of the sunflower seed by-products such as meal, hulls, and others. The by-product of the sunflower seed is one of the best source for animal feed due to its high oil content, which fulfill fat supplement requirement of the livestocks. Rising global livestock feed market is one of the propelling factor supporting growth of the sunflower seed industry during the forecast period. According to the Food and Agriculture Organization of the United Nations (FAO), global meat production is estimated to be 16% higher in 2025, than in the base period (2013-15).
Sunflower seed oil is rich sources of fatty acids and linoleic acid, which is used for making cosmetic or personal care products such as acne moisturizer, eye cream, anti-aging mask and others. Increasing demand for the cosmetic and skin care products in Asia Pacific is expected to propel growth of the sunflower seeds market. For instance, according to the India Brand Equity Foundation (IBEF), the market size of India’s beauty, cosmetic and grooming market is expected to grow to US$ 20 billion by 2025, which will boost demand for sunflower seed oil in the market.
Market Outlook:-
Europe is expected to account for the largest market share in sunflower seeds market. For instance, according to Ministry of Foreign Affairs, in 2016, Europe imported 3.2 million tons of sunflower seeds. France is the largest importer of sunflower seeds, which accounted to 17.5% share in volume in 2016. According to Ukraine Business Council, Ukraine and Russia are the largest producers of sunflower oil, which accounts half of the world’s sunflower oil production.
Asia Pacific is expected to propel the demand for sunflower seed in the forecast period, owing to growing food industry. Sunflower oil finds its major application in food industry as salad oil cooking, frying oil, manufacturing of mayonnaise, and oil-based dressings. For instance, as per India Brand Equity Foundation and Invest India Government Organization, in 2017, food industry in India was estimated at US$ 52.74 billion, which is expected to reach US$ 482 billion by 2020.
Key Market Players:-
Key players of the sunflower seeds market include Kernel Group, Delta Wilmar CIS,Viktor and K,Oliyar, UkrOliya LLC, BBBB (Kaissa), PJSC Kyiv, Kaissa Oil, Astons (Food and Food ingredients), NMGK Group of Companies, and Rusagro Group.
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Epoxy Curing Agents Market - Industry Insights, Trends, and Forecast 2026

Epoxy curing agent has wide range of applications in industrial coatings, civil engineering & construction, automotive and metal-to-metal adhesives, composites, electronic potting among others. The various types of curing agents such as aliphatic, cycloaliphatic, amidoamine, polyamide and others have different molecular structure, basicity, and are of different functional groups. These properties allow the epoxy curing agents to control the curing reactions and also control the properties of cured thermosets. The increasing demand for high performance epoxy-based resin formulations for various applications such as paints & coatings, composites, and electronic applications is fueling growth of the epoxy curing agents market. Owing to industrialization in chemicals, aerospace, automobiles, and oil & gas sectors in Asia-Pacific; the region is expected to dominate the epoxy curing agents industry. Polyamide dominates the market due to its major applications in paints & coatings.
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Prevalent Scenario in Epoxy Curing Agents Market
Epoxy curing agents provide various advantages such as improved cure system strength, flexibility, impact strength, cured system chemical, and water resistance. Epoxy curing agents in amino groups are designed for low temperature curing, blush-free film, surface tolerant for applications in marine & industrial maintenance, pipe lining, coating and civil engineering. Waterborne curing agent products are designed for coating applications such as chemical resistant coating, corrosion resistant coating for end use, which include masonry coatings, floor toppings, and general maintenance coatings. Products under the range of amidoamine curing agents provide advantages such as low viscosity, improved adhesion, room temperature cure and are typically used in potting, high solid coatings, concrete coatings, adhesive formulations. Polyamide dominates the epoxy curing agent market with applications in wide range in adhesive applications such as primer, midcoat and topcoat applications on ships, bridges, industrial equipment, automotive, and industrial flooring. Properties of aliphatic amine curing agents such as high degree of chemical resistance, rapid room temperature cure, low color and viscosity, and high heat distortion temperatures for various end use applications, which include solvent-less coatings, chemical-resistant coatings, industrial flooring, adhesives, composites, tooling and casting. Cycloaliphatic amine curing agents have various benefits of chemical resistance, low viscosity and color films, high gloss and hence, finds wide use in coatings and flooring, chemical-resistant industrial formulations, and low temperature cure applications.
Companies are investing in R&D to innovate new products for wide range of applications. For instance, a part of investment of US$ 1.6 billion made by Dow chemical in R&D was used to enhance the epoxy technology and provide a wide range of high quality of epoxy curing agent products. Companies are launching low emission and waterborne curing agent products to meet the increasing demand for environmental friendly formulations. Companies such as Huntsman and Dow Chemicals are including environmentally responsible formulations of epoxy curing agent products.
Rapidly growing industries such as construction, automotive, composite manufacturing applications across the world, especially in Asia-Pacific region is the major driving factor for the global epoxy curing agents market. Technological advancements in the production and use of epoxy curing agents have resulted in the substantial market growth in North America. The key players are focusing on safe and economical production of epoxy curing agents in compliance to the regulations specially in the European region. Regulations imposed on the limited use of volatile organic solvents in Europe acts as a restraining factor for the growth of epoxy curing agents market in Europe.
Fragmented Market
The global epoxy curing agents market is highly fragmented due to the presence of many established and local players across the world. Major players involved in the market include Huntsman Corporation (U.S.), Evonik Industries (Germany), Dow Chemical Company (U.S.), BASF SE (Germany), Cargill, Inc. (U.S.), Cardolite Corporation (U.S.), Hexion, Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.),Mitsubishi Chemical Corporation (Japan),Aditya Birla Chemicals (India).
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Sunday, 3 March 2019

Graphene Market - Global Industry Insights, Trends, and Opportunity Analysis, 2018–2026

Graphene is a two-dimensional crystalize form of carbon atom perfectly distributed in a hexagonal honeycomb formation of 0.3 nanometers thick with just 0.1 nanometers between each atom. It is million times thinner than human hair or a sheet of paper, and the lightest material known (with one square meter coming in at around 0.77 milligrams). It is 200 times stronger than steel, and incredibly flexible. It is electrically and thermally conductive but also absorbs 2% of light and hence perfectly transparent. Such attributes incorporates into wide range of applications in industries such as automotive, aerospace, energy, biomedical and electronics.
Graphene was artificially produced through mechanical exfoliation process resulting into mono layer of graphite, which is only 1 atom thick. Its thermal and electrical conductivity, mechanical strength and optical purity could be used in a wide range of materials such as coatings and composites, flexible screens, inks, high-capacity batteries, sensors and ultra-fast transistors and in the field of semiconductors for computer chips as graphene chips are much faster than existing ones made from silicon.
Graphene is an extremely assorted material, and hence can be combined with other elements (including metals and gases) to produce different materials with various exclusive properties. Researchers all over the world continue to constantly investigate and patent graphene to learn its various properties and possible applications.
Prevalent Scenario in Graphene Market
According to the report published by Badische Anilin- und Soda-Fabrik (BASF) published a report on the prospect of graphene, estimated a market worth $1.5bn in 2015 and $7.5bn in 2025. Since its breakthrough, the number of research publications on the product has increased from over 125 in 2005 to more than 9000 in 2013. This will augment the graphene market growth from 2017 to 2025 as it will enhance product applicability in various industries. Government initiatives such as the European Commission’s invested USD 1.3 billion in the products research & development.
Graphene has various end user industries such as aerospace, automotive, energy, coatings, pharmaceuticals, electronics, 3-D printing, chemical, and others. Increasing in demand of electronics industries is likely to drive the Graphene Market growth. Graphene is a cost-effective substitute to conventional silicon based devices due to its attributes. It also possesses energy harvesting properties. Due to these key attributes, graphene has attracted major R&D investments of over US$ 1.3 billion committed by the European Commission under graphene flagship projects since 2015. Such government initiatives play a vital role in development and innovation of graphene for wide range of applications. The energy storage and conversion applications are the fastest growing application of graphene market due to increasing use of graphene owing to its high energy density and fast charging cycle
However, there are many challenges with scaling up graphene to industrial quantities including controlling defects, the need for complex transfer techniques required to handle the two-dimensional material and manufacturing large quantities of different varieties. It has lower stability because of the lack of band gap as compared to silicon.  High costs to overcome these restraints and high research and development investments hamper growth of the graphene market. North America contributes a major market share due to its growing automobile and electronics industries as well as energy sector. China has the largest graphite reserve in the world and hence, it is the largest global producer of graphene. In spite of the niche nature, the market has high potential and large number of manufacturers are focusing on offering innovative products to enhance their market share.
Fragmented Market
Being transparent and good conductor, graphene could replace the electrodes in the indium used in touchscreens. Graphene-based coating for desalination membranes is developed that is more robust and scalable than current Nano filtration membrane technologies. Graphene rejects almost 100 percent of salt content, makes it a perfect material for desalination membranes. 
In the near future, graphene could potentially be used for electrical components and other items such as composites, batteries, sensors, ion-exchange membranes and other products. The other project involving graphene will be the development of low-cost inkjet printers and for the military applications. Electronics and energy storage could also be revolutionized by graphene.
The global graphene market is highly fragmented due to the participation of many Major players involved in the market include CVD Equipment Corporation (U.S.), Graphene NanoChem Plc. (Malaysia), Graphenea SA (Spain), Grafoid Inc. (Canada), Haydale Graphene Industries Plc (U.K.), Group NanoXplore Inc. (Canada), Thomas Swan & Co., Ltd. (U.K.), Vorbeck Materials (U.S.), 2D Carbon Tech Inc. Ltd. (China), and XG Sciences Inc. (U.S.).
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Friday, 1 March 2019

Paints and Coatings Market Industry Analysis, Trends and Forecast 2026

The Global Paints and Coatings Marketwas valued at US$ 137.25 Billion in 2016, according to a new report published byCoherent Market Insights. The increasing use of waterborne paints in various end-use industries such as automotive, furniture, and architecture, will enhance growth of the market during the forecast period. The solvent free content of these coatings results in negligible or low volatile organic compounds (VOC) emissions, which in turn makes these products environment friendly and hence, fuel demand for these coatings globally.
The global paints and coatings market has gained significant traction over the last five years. This is mainly attributed to surging demand for waterborne paints due to stringent government regulation for VOC emissions. Moreover, the decorative paints demand is expected to witness significant increase due to growing urbanization in the emerging and developed economies.
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Decorative paints application is the largest segment accounting for over 41.61% market share in the global paints and coatings market. Increasing urbanization and rising demand for modern infrastructure is projected to fuel demand for decorative paints during the forecast period. Waterborne paints is the largest segment in the paints and coatings market due to stringent environment regulations and technology shifting towards developing new ecofriendly products, with low VOC emissions. Powder coatings is the fastest growing segment during the forecast period. This is mainly attributed to rampant growth of end-use industries such as automotive and aerospace in emerging economies such as India and China.
Key takeaways of the market:
    Asia-Pacific is projected to be the largest region in global paints and coatings market. It accounted for 41.56% of overall paints and coatings market revenue in 2016. The market in this region is expected to be primarily driven by rampant growth of end-use industries in China, India, and ASEAN countries. The growing construction and automotive end-use industries, rising urbanization, growing demand for fully furnished homes are some of the key drivers for the growth of paints and coatings in the Asia-Pacific region.
    The market in Latin America is expected to register a significant growth rate over the forecast period. Rise in discretionary income along with increasing construction activities are expected to create lucrative growth opportunities for the players in this region.
    PPG industries, The Sherwin Williams Co, RPM International Inc, The Valspar Corp, Axalta Coating System, BEHR, Benjamin Moore & Co, Dunn Edwards Corporation, Ennis Flint and Shawcor Ltd. are few of the key players in global paints and coatings market.
    Acrylic paints is one of the key segments among resin types due to its durability, affordability and flexibility characteristics. Moreover, acrylic paints segment is expected gain traction due to increasing infrastructure development and growing construction activities around the globe. Asia Pacific is the fastest growing market for paints and coatings due to steady economic growth and growing population. The population of Asia Pacific is expected to reach 5 billion by 2050 as per United Nations (UN), which in turn is expected to fuel demand for supportive infrastructure development.
    Technological advancements are the main focus area of players in the market, focusing on differentiating their products from that of other players in the market. For instance on September08, 2016, Australian National University (ANU) developed a water repelling spray, which can be sprayed on mobile phones, aerospace and ships.
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Gaffers Tape Market Industry Insights and Opportunity Analysis, Forecast 2024

Gaffers tape is meant for temporary use and is designed accordingly so as to leave no residue once removed. Earlier, duct tape was introduced in the packaging industry which created a revolution in the market. Duct tape is least preferred in the construction industry as it does not fare well in conditions wherein it is subjected to cooling and heating of the surface. The temperature variation causes the adhesion to fail over time. Gaffers tape was introduced in the market with improved properties and better performance despite temperature fluctuations. Packaging industry has seen a revolution in over the last decade with introduction of carton sealing, void fill, and pallet wrapping. Rising adoption of carton sealing in turn has increased demand for industrial tapes. Gaffers tape has witnessed increased acceptance due to growing demand for industrial tapes in the global packaging industry.
Gaffers tape, also known as camera tape, is a heavy cotton cloth pressure-sensitive tape that has high adhesive properties. Gaffers tape provides packaging companies with the freedom to use any type of packaging material without the use of solvent. The extensive growth of industrial tape industry has in turn propelled demand for gaffers tape. This trend is expected to continue over the foreseeable future. This is mainly attributed to increased consumption of gaffers tape in the construction, electronic, and automotive industries, among others.
The application of gaffers tape has increased rapidly in the electronic industry owing to its properties such as adhesive holding capability, easy removability, and relatively better moisture resistance as compared to other conventionally used tapes such as duct tape, box sealing tape and adhesive tape. Masking tape is widely used in the decorating industry as it does not leave any residue on the surface. Gaffer tape is widely used in the film industry in stage decoration, to hold down lights and cables on the platform and for marking instruments.
Gaffers Tape Market Outlook - Increasing Electrical and Electronics Industry Growth Leading to Augmented Demand for Gaffers Tape
Asia Pacific is one of the largest markets for gaffers tape. This is mainly attributed to the rapidly growing construction industry in this region. According to India Brand Equity Foundation (IBEF)—a trust by the Department of Commerce, Ministry of Commerce and Industry, Government of India—,in FY2020 the Indian construction Industry is estimated to reach a value of US$ 5 billion. This inadvertently would boost growth of gaffers tape market in India. Also, gaffers tape market is expected to receive a boost in APAC region due to wide availability of Polypropylene, PVC, which is used as raw material for production of gaffers tape. Also the growth in automotive industry has further fueled consumption of gaffers tape in Asia Pacific region.
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With high ease of entrance for new manufacturers, the global gaffers tape industry has become highly fragmented. This had led to competition among manufacturers. This is expected to be one of the restraining factors in the gaffers tape market. However, the present focus of manufacturers is towards introducing ecofriendly technology in the market. The major players have adopted this strategy to maintain their position in the market. This approach is also expected to prove beneficial for the new entrants in the gaffers tape market over the forecast period. Some of the companies operating in the global gaffers tape market are KGaA, 3M Company, Avery Dennison, Can-Do National Tape, The Dow Chemical Company, Ashland Inc., H.B FullerHenkel AG & Co., Le Mark Group, and PROTAPES AND SPECIALTIES, INC.
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Bentonite Market Industry Analysis and Forecast 2026

Bentonite is naturally occurring industrial rock, characterized by the property of absorbing water and capacity for Base Exchange. It is generated frequently from the alteration of volcanic ash, consisting predominantly of smectite minerals, usually montmorillonite. Bentonite is processed to give sodium and calcium montmorillonite, activated clays, and organo-clays all of which have different properties that can be applied in wide range of uses and applications. It has special properties such as hydration, swelling, water absorption, viscosity, and thixotropy. Different types of bentonite are each named after the respective dominant element such as potassium, sodium, calcium, and aluminium.
Bentonite is used in foundry application in the preparation of molding sand for the production of iron, steel, and non-ferrous casting as a bonding material. Production of high quality casting is possible because of bentonite’s good flowability, compactability, and thermal stability. Bentonite is used for cat litter as it provides the advantage of absorbing refuse by forming clumps (which can be easily removed) leaving the remaining product intact for further use. It is used as a mud constituent for oil and water well drilling.
Bentonite is used as a filler in pharmaceuticals due to its absorption/adsorption functions. It allows paste formation and its applications include industrial protective creams, wet compresses, calamine lotion, and antiirritants for eczema. In medicine, bentonite is used as an antidote in heavy metal poisoning. Personal care products such as mud packs, sunburn paint, baby and facepowders, and face creams may all contain bentonite. Bentonites are used for decolorizing various mineral, vegetable, and animal oils. They are also used for clarifying wine, liquor, cider, beer, mead, and vinegar owing to its adsorption properties.
In 2015, the global bentonite production was estimated at 16 million tons by the United States Geological Survey (USGS).
Market Dynamics
A major driver for growth of the global bentonite market is rising construction industry. Bentonite slurries are used in the construction of special foundations for digging diaphragm walls and bored piles. Governments of various countries are investing heavily on various construction activities. For instance, the government of Dubai announced awarding of 47 contracts valued at US$ 4.3 billion in January 2017 for Dubai Expo 2020. Furthermore, budget for infrastructure increased by 46.5 % in 2018 as compared to 2017, accounting for 21% of the total government expenditure in Dubai due to Expo 2020.
However, rules and regulations on bentonite plugging and safe drinking water is expected to hamper the bentonite market growth. Accordng to Government of State of California, bentonite used for plugging must consist of sodium bentonite exhibiting a minimum specific gravity of 2.0 (dry)/1.5 (hydrated), a pH between 6 and 12, and a chemical makeup of around 63% SiO2, 21% Al2O3, and 16% others. Furthermore, use of additives with bentonite is not allowed.
Market Outlook
According to global bentonite market analysis by Coherent Market Insights, North America held the dominant position in the market in 2017. This is owing to the rising demand for bentonite from the construction industry. However, stringent regulations in the region North America that it may lose its share to Asia Pacific.
Among end use industry, the oil and gas segment is projected to gain major traction over the forecast period, owing to growth of drilling fluid- and clarification agent application of bentonite in rising oil industry, especially in Asia Pacific and Middle East. According to ‘Analysis of Oil and Gas Industry in Asia’ paper in European Journal of Business and Management, demand for crude oil and natural gas in the Asian region had increased at a rate of 1.3% during 2000-2012.
Key players in Global Bentonite Market
Key players operating in the global bentonite market include Charles B Chrystal Co. Inc., Shashi Minerals, Black Hills Bentonite, LLC, Daroukesht Khaver Maineh, Zhejiang Sanding Technology Co. Pvt. Ltd., Kunimine Industries Co. Ltd., Aroma Chimie, ABG Bentonite Mining Company, All Star, Kutch Minerals, ETEC, LKAB Minerals B.V., Xatico Benelux-France, Mineral Technologies Inc., CMMP, Tinas Medencilik, Terradrill Fluids Ltd., Wyo- Ben Inc., Bento Group Minerals, Clariant AG, and Albir A.S.
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Consumer Floriculture Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Floriculture, or flower farming, is a division of horticulture concerned with the cultivation and management of flowering, ornamental, and foliage plants for gardens and floristry. Floriculture consists of entire spectrum that includes understanding and improving all aspects of bud and flower creation, grow-room requirements, budding & grafting, greenhouse needs, plant nutrition, irrigation, pest management, breeding new cultivars/strains, and marketing & selling for use as raw material in pharmaceutical and cosmetics & personal care industries.
Market Dynamics:-
Major factor boosting growth of the consumer floriculture market is increasing awareness among people for greenery in developing nations. Increasing health awareness and preference for fresh surroundings, growing urbanization, rising disposable income, and regulatory efforts to mitigate pollution are some of the prime factors propelling growth of the global consumer floriculture market over the forecast period. According to United Nations’ World Urbanization Prospects 2018, 55% of world population lives in urban area, which is expected to increase by 68% in 2050. Awareness for greenery among all age group in urban regions is expected to drive growth of the market.
Market Outlook:-
The consumer floriculture market in Asia Pacific is expected to witness growth at the highest CAGR from 2018 to 2026, owing to rapid urbanization and growing disposable income in the region. Governments in the region are focused on developing green walls, urban jungles, and new parks through urban renewal projects. According to United Nations’ World Urbanization Prospects 2018, growing world population could add another 2.5 billion people to urban areas by 2050, with close to 70% of this increase taking place in Asia Pacific.
Increasing flower and plant purchase in key regions is expected to boost the market growth. For instance, according to Rabobank’s report on floriculture, 2017, Europe and North America’s flower and plant purchase is expected to increase by 20% by 2027 with a market capitalization of US$ 37 billion in the both regions.
Key players in the Global Consumer Floriculture Market:-
Major players operating in the global consumer floriculture market include, Flora Holland, Finlays, Syngenta Flowers, Dummen Orange, Washington Bulb, Select One, Karuturi, Four Seasons Quality, Flower International, Porta Nova, Arcadia Chrysanten, Wesselman Flowers, Germaco, Bredefleur, Ball Horticulture, Queens Group, Harvest Flower, Kariki, Carzen Flowers, Multiflora, and Arcangeli Giovanni & Figlio.
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