Tuesday, 7 May 2019

Thiourea Dioxide Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Thiourea dioxide, also known as TDO or TUD, is a white crystalline powdered stable compound, which dissolves in water and ethanol but is insoluble in non-polar compounds. Its application includes decolorizing natural color of pigmented fibers, such as camel hair, human hair, and contaminated dark fibers in white wool.
Market Dynamics:-
Major driver for growth of the thiourea dioxide market is its superiority over sodium dithionite like less quantity required and more environmental friendly for textile and woolen dyeing applications. Thiourea dioxide maintains better chemical stability and pollutes less compared to other decolorizing agent such as CW-08, SHQN, and QTRY. Growth in the textile industry, globally, is projected to boost demand for thiourea dioxide in the market. According to Federation of Indian Chambers of Commerce and Industries (FICCI), the global textile industry is projected to reach US$ 1600 billion by 2026, with CAGR of 6.3%.
Thiourea dioxide acts as a decolorizing agent in paper & pulp industry and growing paper industry is projected to propel demand for thiourea dioxide in the near future. According to PG Paper’s The Global Paper Industry Today 2018, global production of paper was around 390 million tons in 2016, and it is expected to increase up to 490 million tons by 2020.
The excessive reduction potential of Thiourea dioxide in case of dyeing vat dyes is the main restraining factor that limits its market. In dyeing vat dyes, an anti-reducing agent such as perborate or hydrogen peroxide is necessary for preventing excessive reduction of indanthrone-based dyes which will make this reagent more expensive and capital intensive.
Market Outlook:-
Asia Pacific is expected to dominate the global Thiourea dioxide market during the forecast period. This is due to large number of textile and pulp & paper industries and its consumptions in emerging economies such as China and India. For instance, according to World Trade Organization, India and China combined, contributed 48% in global textile export in 2017, which will keep increasing in the coming decade.
According to World Health Organization, China is the major producer of Thiourea dioxide with over 40% share in global production and it is set to be the global leader in production in the forecast period. This is attributed to the growing textile and paper & pulp industries in the Asian countries like Japan and India which will facilitate the growth due to proximity to major consuming nation.
Key Players in the Global Thiourea Dioxide Market:-
Key players in the global thiourea dioxide market include Hongye Chemical Co. Ltd., Puyang Hexing Co. Ltd., Nanle Jione Chemical Co. Ltd., Qingzhou Guangda Chemicals Co Ltd., Weifang Shenghe Zhuji Co. Ltd., Changyi Haosen Biotechnology Co. Ltd., Jinan Hui Feng Da Chemical Co. Ltd., Puyang Puzhong Chemical Co. Ltd., Shijiazhuang Xinsheng Chemical Co. Ltd., Dasteck Chemicals Co. Ltd., Weifang Ruimin Chemistry Co. Ltd., and J N Chemical.
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Monday, 6 May 2019

Geocomposites Market Industry Overview, Growth and Forecast 2026

A material containing at least one layer of geosynthetic products (polymeric products) such as geogrid, geomembrane, geotextile, and others, with another material (e.g. steel cables, deformed plastic sheets or steel anchors) is known as geocomposite. Geocomposites find application in structural fill, bridge abutment, tunnel and construction repair of existing tunnel, lightweight void fill, metro underground stations, railway tunnels, and others. Geotextiles-geogrid geocomposites are used to provide reinforcement and stabilization under railway tracks. Moreover, these are used as a sub-grade, providing lateral drainage system and filter separator between ballast.
Market Dynamics:-
Geocomposites find application in roadways such as drainage, filtration, reinforcement, and separation. Geocomposites are used to enhance the stability and strength of underlying soil in roadways. Among product type, geotextiles-geogrid geocomposites are the most preferred geosynthetics used in highway and road application. Geocomposites are cost-effective and enhances road life. Significant growth in the construction segment is expected to drive growth of the geocomposites market during the forecast period. For instance, the Government of India has set a target to construct 10,000 km national highway in 2019 from 9,829 km in 2018 and also total of 200,000 km national highways are expected to complete by 2022. According to India Brand Equity Foundation, Government of India set a target to complete 300 highway projects by March 2019. The total amount of investment is expected to be US$ 2.25 billion in 2019.
Market Outlook:-
Asia Pacific is expected to be the fastest growing region in the geocomposites market during the forecast period. This is owing to increasing construction and infrastructure activities in emerging countries such as India and China. Growing infrastructure activities in the region is a major driver for growth of the geocomposites market as these act as a cost-effective alternative in various applications. Therefore, significant growth in construction & infrastructural projects and supportive government policies and increasing environmental protection regulations is expected to boost the geocomposites market growth over the forecast period in Asia Pacific. For instance, according to the National Bureau of Statistics of China, the total investment in real estate development in 2018 was US$ 1,749 billion from US$ 1,308 billion in 2017.
Key Players:-
Major players operating in the global geocomposites market include, GSE Environmental, Officine Maccaferri Spa, Huesker Synthetics GmbH, Thrace Group, SKAPS Industries, Leggett & Platt, Inc., Hans Geo Components, TenCate Geosynthetics, ABG Ltd, ABG Ltd, Terram Geosynthetics Pvt. Ltd., Tenax, and HUESKER Inc.
Market Taxonomy:-
On the basis of primary function, the global geocomposites market can be segmented as:
    • Separation
    • Filtration
    • Drainage
    • Containmen
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Silicone Resins Market Business Insights, Industry Growth and Trends 2026

Silicone resins is a type of silicone material that is formed by cage-like oligosiloxanes and branched with the formula RnSiXmOy. The Silicone resins produce films which has properties include heat resistance, dielectric properties and weatherability. It is used in end use industry include paints and coatings, construction where Silicone resins is used to improve safety, reliability, and durability.
Market Outlook
Among end-use industry, paint and coating segment held a significant market share in the global silicone resins market in 2017, owing to increasing demand for Silicone resins in coating industry. Physical properties of silicon resin such as heat resistance, flexibility, anti-corrosion, and electrical insulation propel demand for silicon resins in the paint and coating industry. For instance, according to the Coherent Market Insights’ analysis, the global paints and coatings market was valued at US$ 137.25 billion and 46,686.09 kilo tons in 2016, and is expected to expand at a CAGR of 5.6% in terms of revenue and 4.8% in terms of volume during 2017 – 2025.

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North America held a significant position in the global silicone resins market in 2017 and this trend is expected to continue over the forecast period due to demand of silicon resin from end-use industry. In North America, demand for Silicone resins increased owing to benefits offered by silicone resins include heat resistance, thermal stability, increased weathering, electrical insulation binder driving the Silicone resins market in North America. Furthermore, key players are focusing on capacity expansion to build business in Silicone resins market at global level. For instance, In September 2018, The Dow Chemical Company announced the construction of new silicon resin plant to expand its global capacity and meet the increasing demand of the silicone in end use industries worldwide.
Silicone Resins Market Key Players
Key players operating in the global silicone resins market include, Wacker Chemie AGThe Dow Chemical Company, Shin-etsu Chemical Co. Ltd., Evonik Tego Chemie, GmbH, Bluestar Silicones, Kaneka Corporations, Momentive performance materials holdings Inc., Adhis S.A.S, BRB International BV, and Siltech Corportion.
Market Taxonomy
On the basis of product type the global silicone resins market is segmented into:
    • Pure Silicone
    • Polyester Resin
    • Methyl-Silicone
    • Methyl/Phenyl-Silicone
    • Alkyd Resins
    • Epoxy Resins
    • Others (Polyacrylate Resins and Waterborne Silicone)
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Citrus Oil Market Business Opportunities and Research Report 2018-2026

Citrus oil is an essential oil, which is found within the rind of citrus fruit wall. It is extracted from the peels of citrus fruits such as orange, lemon, sweet lime, among others, and has various health benefits. For instance, citrus oil has antioxidant properties, which help in relieving stress and boosts immunity. Furthermore, citrus oil helps in removing impurities and toxins from skin cells and aids in healing of various skin issues such as warts, corns, and bunions. Moreover, citrus oil is widely used to provide flavor in food and beverages. Thus, wide applicability of citrus oil is one of the major factors for growth of the global citrus oil market.
Steadily growing demand for plant extracts in food and beverages industry such as colorants and flavorants, and to enhance nutritional content of food products is propelling growth of the market. Increasing awareness related to benefits associated with consumption of functional food is another reason for rising demand of citrus oil in the market. For instance, according to American Botanical Council, the total retail sales of herbal supplements in the U.S. was US$ 6.9 billion in 2015, which increased to US$ 7.4 billion in 2016. Thus, growing demand for organic food ingredient over synthetic chemicals is propelling growth of the market.
Furthermore, citrus oil has high penetration in the cosmetic industry for application in perfumes and skin care and hair care products. Rising trend of using cosmetics with natural extracts is expected to support growth of the citrus oil market during the forecast period. For instance, according to U.S. Government Export Association, consumer spending on natural cosmetics in 2016, in Germany — the largest market in Europe — was US$ 13.5 billion and increased by 9.2% in 2016.
In terms of revenue, Europe dominated the global citrus oil market in 2017, and accounted for 31.62% share in the global market. Rising demand for natural ingredients in the rapidly growing food and beverages industry is majorly contributing to the growth of the citrus oil market in this region. For instance, according to the data provided by European Commission, food and beverage industry was valued at US$ 1,342.22 billion in 2015.
Growing cosmetic and personal care industry in Europe is supporting growth of the market. According to Cosmetic Europe, cosmetics and personal care industry in Europe was valued at US$ 94.13 billion in 2015, with Germany (US$ 15.89 billion) positioned as the largest market, followed by the U.K. (US$ 14.06 billion), France (US$ 13.94 billion), and Italy (US$ 12.10 billion).
Asia Pacific region is expected to record the fastest growth during the forecast period, with the highest CAGR among all the regions. This is majorly attributed to increasing demand for natural ingredients in cosmetics, pharmaceutical, and food & beverages industries in the region. For instance, according to Australian Trade and Investment Commission (AUSTRADE), health food market in China, which includes dietary supplements, vitamins, herbal extracts and traditional Chinese medicine (TCM), was valued at US$ 30 billion in 2017, and is expected to grow 10% every year until 2025. According to Indian Brand Equity Foundation (IBEF), pharmaceutical industry is the third-largest industry in India in terms of volume and accounted about 20% of the global pharmaceutical industry in 2017.
Moreover, according to Australian Trade and Investment Commission, Japan is the third-largest cosmetic market in the world and was valued at US$ 2.63 billion in 2014. Thus, the steadily growing pharmaceutical and cosmetic industries in the region, is expected to propel growth of the citrus oil market during the forecast period, as citrus oil is widely used in cosmetics and medicines.
Based on application, food and beverages segment dominated the global citrus oil market in 2017, owing to rising awareness regarding the health benefits of consuming natural ingredients among the consumers worldwide. Steadily growing food and beverages sector is supporting the growth of this segment. For instance, according to FoodDrink Europe, the total turnover of the European food and beverages sector in 2014 was US$ 1,338.55 billion which increased to US$ 1,342.22 billion in 2015. The exponential growth in the European food and beverages industry is highly responsible for the growth of the plant extracts market in the region.
Further, citrus plant extracts find application in the nutraceuticals including, functional food, dietary supplements, and functional beverages, as it has high content of phenolic compounds and dietary fiber. Rising demand for nutraceuticals is also fuelling the growth of this segment worldwide.
 Key Players operating in the global citrus oil market include Lionel Hitchen Ltd., Citrus and Allied Essences Ltd., doTERRA International LLC., Citromax Flavors Inc., Symrise AG, Bontoux S.A.S., Young Living Essential Oils LC, Mountain Rose Inc., and The Lebermuth Co. Inc. among others.
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Gellan Gum Market Growth Analysis, Share, Demand by Regions, Research Forecasts to 2026

Gellan gum is an extracellular polysaccharide secreted by the micro-organism Sphingomonas elodea. However, its occurrence naturally is extremely scarce and it is manufactured commercially via fermentation process. Gellan gum is available in two types namely, high acyl (HA) and low acyl (LA). The two types of gums function differently in terms such as hydration, gelation, stability, and texture.
Market Dynamics
The global gellan gum market is expected to grow at a drastic rate over the forecast period, owing to the high demand from the food & beverages industry. It acts as a substitute for hydrocolloids used in dairy based products and beverages propelling demand in the food processing industry. The growth of the food and beverages industry across major economies of the world including the U.S., Europe, India, and China, owing to increasing preference of processed foods, is expected to drive the gellan market during the forecast period.
However, stringent regulations need to be followed with regards to the use of gellan gums in foods. According to the FDA regulations, gellan gum needs to be used in accordance with current good manufacturing practice as a stabilizer and thickener as defined in the 170.3(o)(28) regulation. The additive may be used in foods where standards need to be followed under section 401 of the Federal Food, Drug, and Cosmetic Act.
Market Outlook
The high acyl gellan gum segment is expected to hold dominant position in the global gellan gum during the forecast period. Low acyl gellan gum products form stiff and non-elastic gels, whereas high acyl products forms highly elastic, softer, and flexible gels. Therefore, high acyl gellan gum form is used in a wide range of textures and formulations based on demand for the product in the end-use industry. Such wide variety of applications of high acyl gellan gum are expected to contribute to its dominant position in the market over the forecast period.
 Moreover, high acyl gellan gum product is expected to gain significant demand in food & beverage industry as a stabilizer, thickening agent, and emulsifier. The product can also be utilized as an individual component or in combination with other stabilizers to manufacture a wide range of food products. The product also helps in separation of ingredients while preparing bakery items. It assists in regulation of gel consistency and prevents the color changing in spreads and purees.
The ability of gellan gum to retain its elasticity and structuring of molecules thus preventing any changes in the properties of ingredients during any temperature change is expected to drive growth of the global gellan gum market. The product is used as a substitute to, xanthan gum, locust bean gum and guar gum as stabilizers in numerous food products. Furthermore, guar gum is also a substitute to gelatin in vegan food products that helps in preventing the ingredients that are present in desserts and ice cream from melting.
Asia Pacific was the largest market for gellan gum in 2017 and is expected to retain its dominance during the forecast period. The growth in Asia Pacific gellan gum market is attributed to growth of the food and beverages market in the region. According to the World Trade Organization, the Asia Pacific food and beverage industry was valued at US$ 3.23 trillion in 2016, outpacing the second and third largest regions—Western Europe and North America, respectively.
Key Players
Key players operating in the global gellan market include, Biopolymer International, DSM, CP Kelco, Xinjiang Fufeng Biotechnologies Co. Ltd., H and A Canada, Nanjing Joyfulchem Co., Ltd., IHC Chempharm, DanchengCaixin sugar industry Co. ltd., and Zhejiang Zhongken Biotech Co. Ltd.
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Rigid Plastic Packaging Market – Size, Share, Outlook, and Opportunity Analysis, 2018-2026

The market is projected to reach US$ 300 billion by the end of 2027, at a CAGR of 5.9% over the forecast period. This growth is attributed to growing end-use industries such as food & beverage, healthcare, personal care & cosmetics, and others. Rigid plastic packaging products offer various advantages such as durability, cost effectiveness, recycling properties, and can be molded into different shapes. These factors are expected to drive growth of the rigid plastic packaging market over the forecast period.
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Materials used in rigid plastic packaging products are polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polypropylene (PP), polyvinyl chloride (PVC), bio plastics and others. Other materials used are polyamide, polycarbonate (PC) and polylactic acid (PLA). Polyethylene terephthalate (PET) segment is expected to grow at a faster pace during the forecast period. PET material is light weight in nature and offers various advantages such as durability, clear & shiny surface, high pressure resistance, high stability, and good barrier properties. These properties make PET the most widely used material in the rigid plastic packaging industry.
Stringent government regulations imposed on packaging products is expected to hamper market growth. For instance, the Federal Food, Drug, and Cosmetic Act mandates the need for adequate information related to packaging materials. Section 501(a) (3) of the Act states that a drug is deemed to be adulterated ‘if its container is composed, in whole or in part, of any poisonous or deleterious substance which may render the contents injurious to health’. However, favorable growth of food & beverages, pharmaceutical and personal care industries globally, presents immense opportunity for rigid plastic packaging manufacturers.
The global rigid plastic packaging market was valued at US$ 179 billion in 2018, and is expected to register a CAGR of 5.9% in terms of revenue over the forecast period (2019 – 2027).
Asia Pacific is the fastest growing region and accounted for the largest market share of around 34 % in 2018, owing to rapid urbanization, increasing disposable income, and increasing demand for food & beverage and household & personal care products in emerging economies is expected to drive the market growth. According to the India Brand Equity Foundation, India’s personal care industry was valued at US$ 12.58 billion in 2017, which was less than US$ 3 billion in 2000.
Furthermore, companies are focusing on product development in order to expand their product portfolio. For instance, in November 2018, Berry Global, Inc. launched a new line of containers called Verdant. The containers are made from 100% recycled post-consumer resin. The product was launched due to increasing demand for recycled plastic.
Among end-use industry, food & beverage held a significant market share of 63% in the global rigid plastic packaging market in 2018. Changing lifestyle patterns and increasing preference for packaged food products is driving growth of the rigid plastic packaging market.
Players operating in the global rigid plastic packaging market are adopting various growth strategies such as mergers, acquisitions, and business expansions to cater to increasing demand for rigid plastic packaging products. For instance, in 2016, Amcor Limited acquired Sonoco’s Global Plastics blow molding business in North America. The acquisition has helped Amcor increase its production capacity as well as its presence in the consumer goods and food market in the U.S. and Canada.
Major players operating in the global rigid plastic packaging market include Bemis Company, Inc., Amcor Limited, Silgan Holdings, Inc., Winpak Ltd., 3M Company, ALPLA, Berry Global Inc., RPC Group Plc., Anchor Packaging Inc., Coveris Holdings S.A., E-S Plastic Products, LLC and Plastipak Holdings, Inc.
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Friday, 3 May 2019

Flake Graphite Market Growth Rate and Deep Industry Research Reports 2026

Flake graphite is a type of natural graphite. It is a common variety of natural graphite and are mined in the U.S., Central America, Canada, South America, Russia, Germany, Ukraine, Africa, and China. Commercial flake graphite is available in sizes such as +50-mesh, +100-mesh, and -100-mesh and offered in different ranges of purity from around 80% carbon to 99% carbon.
Market Dynamics
Flake graphite is used in anodes of lithium ion batteries, which are used in electric vehicles. Growing demand for electric vehicles market is driving growth of the global flake graphite market. According to International Energy Association, number of electric cars sold in 2016, was 750 thousand, worldwide. Moreover, China was the largest electric cars market in 2016, and accounted for over 40% of the electric cars sold, globally.
Flake graphite is used in energy application such as fuel cells, vanadium-redox battery technology, and pebble-bed nuclear reactors. Growing energy industry is propelling growth of the flake graphite market, owing to flake graphite’s wide applications. According to the U.S. Energy Information Administration, world energy consumption was 575 quadrillion British thermal units (Btu) in 2015, which is estimated to reach 736 quadrillion Btu in 2040.
Market Outlook
North America held significant market share in the global graphite market in 2017, owing to demand for flake graphite in lubricants, steelmaking, and refractory applications among others. According to the U.S. Geological Survey, natural graphite was not produced in the U.S. in 2017, however the firms operating in the U.S. consumed 24,000 tons of graphite valued at US$ 42.9 million in the same year. During 2017, the U.S. natural graphite imports were 50,000 tons out of which 75% was flake and high quality graphite.
Growing demand for lithium ion batteries in North America is fuelling growth of the flake graphite market. According to the U.S. Energy Information Administration, 80% of the installed energy and power capacity of large scale battery storage in operation in the U.S. was lithium ion in 2016.
Asia Pacific is expected to be the fastest growing flake graphite market during the forecast period, owing to increasing demand of graphite flakes from emerging economies such as India and China. Favorable government policies is encouraging adoption of electric vehicles, which in turn is increasing demand for graphite flake for producing lithium ion batteries required for such vehicles. For instance, the government of China exempted electric vehicles from purchase tax between 2012 and 2017, which has extended till 2020.
Key Players
Players operating in the flake graphite market are adopting various business strategies including mergers and acquisitions for business expansion. For instance, in December 2017, Westwater Resources, Inc. planned to acquire Alabama Graphite Corp., a mineral exploration and development company involved in flake graphite mining.
Key players operating in the global flake graphite market include GrafTech International Ltd., AMG Advanced Metallurgical Group N.V., Asbury Carbons, Kaiyu Industrial (Hk) Limited, Mason Graphite Inc., Triton Minerals Ltd., and Northern Graphite Corporation.
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