Wednesday, 10 July 2019

Paper and Packaging Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Paper is a thin material produced by pressing cellulose pulp together, which might be derived from rags, wood, or grasses. After pressing they are dried into flexible sheets, which then is used for writing, packaging, cleaning, and printing. Paper is majorly used for writing to note down thoughts, historical events, etc. Packaging is a process, in which different types of products are protected for sale, storage, transportation, distribution, etc. The packaging industry includes various applications including transportation, logistics, end-use, warehousing, etc. Materials such as paper, aluminum, plastics are used for packaging. However, in the recent past, the paper has replaced plastic in packaging industry gradually, owing to increasing environmental concerns. Moreover, there are a variety of options available in paper packagings such as green packaging, high-performance films, and more.
Market Outlook
Global paper and packaging market size was valued at US$ 175.05 billion in 2017, and is expected to exhibit a CAGR of 4.84% during the forecast period (2019-2027). Increasing demand for paper packaging among consumers is expected to boost the market growth in the near future. Furthermore, growing awareness regarding sustainable packaging is expected to boost the demand for paper packing and subsequently support growth of the market during the forecast period. High-performance, eco-friendly paper packaging introduced by MWV Rigesa in 2014, offers damage-resistance packaging, which has reduced greenhouse gas emissions by 10%. Paper packaging offers sustainable, lightweight packaging, which can easily be crafter, molded and cut. Mover, the food and beverage industry is opting for paper and paperboard packaging, owing to a huge range of applications. This is expected to increase the demand for paper packaging and thereby, boost the market growth during the forecast period. Moreover, flexible packaging has found applications in various industries, as it possesses the best qualities of aluminum foil, paper, and plastic.
However, the inability of paper packaging to store heavy materials is expected to hinder the demand for paper packaging and subsequently restrain the global paper and packaging market growth.
Market Regional Analysis
Asia Pacific is expected to hold significant market share in the global paper and packaging market during the forecast period. This is owing to increasing demand for packaged food and personal care products from emerging economies such as India and China. Moreover, North America and Europe are expected to hold significant market share, owing to recycling capabilities in developed economies such as the U.S., U.K.
Market Players
Major players operating in the global paper and packaging market include Mondi Group, International Paper, Packaging Corp. of America, Sappi Limited, ITC Limited, Smurfit Kappa Group Plc, and Amcor Limited.
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Tuesday, 9 July 2019

Polyolefin Resins Market - Size and Industry Research Report 2027

Polyolefin resin comprises one or more olefinic groups. These are polymers with high molecular weight hydrocarbons. It can withstand exposure to almost all chemicals at room temperature. These resins adapt to different fabrication techniques and are less expensive. Polyolefin resins find applications in automobile, film & sheet, fibers & tapes in packaging, medical, construction, and coating.
Market Dynamics
Increasing awareness about environmental unviability of polyvinyl chloride (PVC) is expected to drive growth of the global polyolefin resin market, as this will increase demand for polyolefins such as polyethylene and polypropylene. The rubber like properties of polyolefins have resulted in replacement of PVC with polyolefins. Also, these are suitable for high performance industrial applications.
Moreover, low cost of polyolefin resins and ability to be fabricated using modern technologies such as extrusion, blow molding, and injecting molding are expected to drive growth of the global polyolefin resin market. Although PVC is preferred for various applications, stringent regulations by governments is expected to provide vast growth opportunities for polyolefin resin market.
Increasing demand for polyolefin resin in automotive industry due to its cost-efficient physical properties is another major factor that is expected to drive growth of the market over the forecast period.
Market Outlook
On the basis of region, the global polyolefin resin market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific holds dominant position in the global polyolefin resin market, owing to presence of key manufacturers in the region. Growth of automobile industry in emerging economies such as China and India is increasing the demand for polyolefins in Asia Pacific, thereby driving growth of the market in this region.
North America is the third largest market for polyolefin resins and rising demand for polyolefin in the region is met by importing these compounds from Asia Pacific. Due to the shale gas boom in North America, raw materials were available at cheaper rates. This in turn is expected to boost the production of polyolefin resins in countries such as the U.S. and Canada.
Moreover, Middle East is expected to be one of the largest exporters of polyolefin resins over the forecast period. The polyolefin resin market growth in Europe is considerably low due to sluggish economic growth.
Key Players
Some of the major players operating in the global polyolefin resin market include China National Petroleum Corporation, Dupont, The Dow Chemical Company, LyondellBasell Industries NV, and Saudi Basic Industries Corporation.
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Monday, 8 July 2019

Cis-3-Hexen-1-ol Market – Size, Share, and Market Outlook up to 2027

The global cis-3-hexen-1-ol market size is expected to witness potential gains in the future, and register a significant CAGR of 15.74% over the forecast period (2019 - 2027).
Market Overview
Cis-3-hexen-1-ol is a colorless oily liquid with an intense grassy-green odor. It is a valuable resource for imparting fruit and vegetable aromas to foods and for use in perfumes. It is an alcohol and its esters are also important flavor and fragrance raw materials. Mezcal, a Mexican distilled alcoholic beverage made from agave, contains enhanced concentrations of cis-3-Hexen-1-ol. It is used as a refreshing top note of floral fragrances. It is also present in essential oils and fruit-based oils. Cis-3-Hexen-1-ol is also used to relieve swelling, itching, bleeding and minor skin irritation.
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Market Dynamics
Increasing demand for air care products such as air cleaners, anti-odor agents, air purifiers, air conditioners, and air filters is expected to boost growth of the global cis-3-hexen-1-ol market. Cis-3-hexen-1-ol is also used car wax/polish, floor wax, general polishing agents, polish for metals, plastics, rubber, lacquers, leather, and furniture. Therefore, increasing demand for laundry and dishwashing products is expected aid in market growth.
However, cis-3-hexen-1-ol can cause severe eye damage/eye irritation and is highly flammable. Moreover, increasing concerns of adverse effects of chemical disposal in landfills and ocean is expected to retrain growth of the global cis-3-hexen-1-ol market growth.
Market Outlook
Among regions North America is expected to hold dominant position in the market over the forecast period. This is owing to growing perfume industry in the region. The perfume and cosmetic industry is one of the largest consumer of cis-3-hexen-1-ol. Asia Pacific is expected to be the fastest growing market, owing to growing population in the region, which in turn increases demand for homecare products. France accounts for a major market share in Europe and the market in Europe is expected to witness significant growth. This is owing to significant growth of the fashion industry in the region.
In Latin America, increasing demand for cis-3-hexen-1-ol from the food and beverages and the pharmaceutical industries is expected to boost the global market size. Rapid economic growth and improving lifestyle in Middle East is increasing the usage of perfumes and other cosmetic products in the region. This in turn is expected to boost growth of the market.
Key Players
Some of the major players operating in the global cis-3-hexen-1-ol market include, A.C.S. International, Inc., Alfrebro LLC, Vigon International, Inc., and Fleurchem, Inc.
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Friday, 5 July 2019

Hydrogen Market – Size, Share, and Opportunity Analysis by 2027

Market Overview
Hydrogen is a colorless, odorless, tasteless, and flammable gaseous substance that exists in molecular forms such as water or organic compounds on the earth. It is used in a wide range of application in industries such as petroleum, chemicals, automotive, power generation, nuclear energy, aerospace, telecommunications, food and beverages, and semiconductor. The reforming of natural gas by applying heat is currently the most economical process for producing hydrogen.
Market Dynamics
Increasing demand for clean energy is a major factor booting growth of the hydrogen market. Hydrogen is the cleanest form of energy as it does not emit carbon or any residue on combustion. Major economies around the world are focused on mitigating the impact of greenhouse gas emission and carbon footprint on the environment. This in turn is expected to boost use of hydrogen as fuel in the automotive industry. Proton exchange membrane cell uses hydrogen gas and oxygen gas as fuel. These fuel cells only emit water and heat and are therefore convenient as a renewable source of energy.
However, hydrogen is an extremely flammable gas and lacks smell. This makes it challenging to detect leaks.  Its low density poses several difficulties in storage and transport. Moreover, in terms of energy production, electrolysis and steam reforming, the two main processes of hydrogen extraction are extremely expensive. These factors are expected to adversely impact the market size over the forecast period.
Market Outlook
Europe is expected to hold dominant position in the global hydrogen market over the forecast period. This is due to stringent regulations and targets put up by the European Union regarding carbon and greenhouse gas emission.
North America is expected to witness significant growth in the market due to increasing demand for ammonia. Moreover, increasing use of fuel cells as a source of energy in the automotive industry is also expected to boost enhance the market share in the region.
Increasing demand for petroleum products from refineries is expected to impact the market growth in Asia Pacific. The market in Middle East and Africa is mainly driven by high demand for fertilizers.
Key Players
Major players operating in the global hydrogen market include. Air Liquide, Airgas Inc., Air Products & Chemical Inc., Xebec Adsorption Inc., Hydrogenics Corporation, Avalence LLC, Messer Group GmBH, and H2Scan Corporation.
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Thursday, 4 July 2019

Palm Methyl Ester Market – Size, Outlook, and Analysis, 2019 – 2027

Palm methyl ester, produced from palm oil, is majorly used as biodiesel and biofuels. Palm oil is converted into palm methyl ester through a process known as transesterification, wherein methanol is used as a catalyst. It falls under the category of renewable diesel fuel known as fatty acid methyl ester (FAME). Apart from being used as fuel, it can also be used as solvents, hydraulic fluids, emulsifiers, lubricants, and others.
Market Dynamics
The global palm methyl ester market is expected to witness significant growth at a CAGR of 6% over the forecast period. Increasing environmental concerns due to non-renewable fuel consumption is expected to increase demand for renewable fuel, which in turn will drive growth of palm methyl ester market. The advantages of using palm methyl ester as diesel fuel are its portability, availability, renewability, and biodegradability. Moreover, environmental agencies such as Environmental Protection Agency is taking initiatives to encourage consumption of renewable fuels over diesel, which is expected to drive growth of the market over the forecast period.
Depleting source of fossil fuels and increasing demand for palm methyl ester from various end-use industries such as food and agriculture, automotive, and oil & gas industries are other major factors that are expected to fuel growth of the palm methyl ester market.
Market Outlook
On the basis of region, the global palm methyl ester market is segmented into North America, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific held dominant position in the palm methyl ester market, followed by Europe and Middle East & Africa. The market in Asia Pacific is expected to witness high growth in the near future, owing to introduction of biodiesel policy in India and various initiatives taken by regional government to promote use of biodiesel as a fuel in passenger vehicles over diesel.
Increasing product base in food applications is expected to significantly drive growth of the Middle East & Africa palm methyl ester market over the forecast period. Moreover, in Europe, as palm methyl ester meets the European standards for biodiesel, it is widely accepted as biodiesel in the region. Also, it has been successfully evaluated as a diesel alternate in summer and with an additive in winter due to its poor cold-flow properties.
Key Players
Some of the major players operating in the global palm methyl ester include Klk Oleo Sdn. Bhd., Ibmalaysia, New Britain Palm Oil Limited, Golden Agri-Resources, and United Plantations Berhad.
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Tuesday, 2 July 2019

Carbon Tetrachloride Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Carbon tetrachloride is an organic compound that is recognized by different names in other industries. For instance, it is called tetrachloromethane in the chemicals industry, carbon tet in the cleaning industry, Refrigerant-10 in the development of HVACR units, and Halon-104 for use in fire extinguishers. Carbon tetrachloride is a clear, stable, and volatile chlorinated hydrocarbon that has a faint, sweet odor, and is thicker than water (13.2 lb/gal) as well as insoluble in water. It is non-combustible and has primary application in fire extinguishers, as well as a cleaning agent, and precursor for refrigerants.
Market Dynamics
Earlier, carbon tetrachloride was extensively used in lava lamps, as a dry cleaning solvent, and refrigerant. Carbon tetrachloride is a primary ingredient in lava lamps since it adds weight to the otherwise resilient wax. However, over the years, its application as a solvent has declined significantly owing to its harmful effects on health, and has been replaced by other solvents such as tetrachloroethylene, and other deuterated solvents. Currently, it is mostly used in laboratory settings as a reagent, as a solvent, and chlorine source in the chemical industry. Furthermore, it is highly toxic to the liver (hepatotoxic), and is used in research and development activities for evaluating hepatoprotective agents. Inhaling high concentrations of carbon tetrachloride (or ingesting and skin absorption) can depress activity in the central nervous system, and lead to death or coma. Owing to its ozone depletion properties, its use has declined over the past few decades. Such factors are expected to restrain demand for carbon tetrachloride in the future.
Market Outlook
Asia Pacific is estimated to witness the fastest growth in the global carbon tetrachloride market, with countries such as China and India to lead in terms of production and consumption. Moreover, emerging economies in the region, such as Indonesia, Taiwan, and Malaysia are expected to account for a major share over the forecast period. The growing number of end use industries in these countries can also contribute to the increasing demand for carbon tetrachloride in the regional market. Market growth in North America and Europe is projected to be comparatively moderate as a result of stringent guidelines implemented by regional regulatory bodies and environmental agencies such as the U.S. environment protection agency, regarding the production and volumetric consumption of carbon tetrachloride. Other regions such as South America, Middle East, and Africa are also projected to exhibit slightly above average growth.
Key Players
Some of the prominent carbon tetrachloride manufacturers are Tokuyama Corporation, Gujarat Alkalies & Chemicals Ltd., AkzoNobel N.V., Ineos, Solvay S.A., Occidental Chemical Corporation, and Shin-Etsu.

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Monday, 1 July 2019

Massage Pillow Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Massage pillow uses innovative technology such as deep kneading massage nodes and massage rollers to relieve tension and induce relaxation of the neck, back, and shoulder pain. Massage pillows mitigates fatigue and promotes blood circulation in the body. Massage pillows or cushions have heat features that provide gentle warmth with hot compression effects, which helps to relieve tension, pain, aches, and knots.
Market Dynamics
Massage pillow market is expected to propel during the forecast period, owing to increasing prevalence of medical disorders associated with neck and body pain. Severe long-term disability related to neck pain leads to osteoarthritis, congenital torticollis, spondylosis, and degenerative disc disease.
Rising geriatric population prone to orthopedic problems across the world, is predicted to increase demand for massage pillows and other orthopedic solutions. The effects of aging include conditions such as weakening of bones & muscles and lowering bone density, which is noticeable among people belonging to 45 and above age groups. The problems become acute by the age of 65 years. Subsequently, mounting the demand for orthopedic solutions including massage pillows or cushions. According to a report published by Population Reference Bureau (PRB) in August 2018, 82 countries will have at least 20.0% of their population aging 65 and above by 2050.
Market Outlook
Massage pillow market is segregated into hyperthermia and other massage pillows, on the basis of product type. Other types of massage pillow include kneading, heated, and shiatsu pillows.
Based on application, the market is divided in the sedentary population, housework population, and others. Wherein other applications consist of pillows to be used in car seats and hospitals for patient care. Moreover, massage pillows or cushions find its applications in wellness, physical therapy/ athletic training, and spas centers.
Growing aging population in countries such as Japan is expected to drive demand for massage pillow in Asia Pacific. In 2017, Asia Pacific held the largest share in the overall revenues generated by the global massage pillow industry. According to the Population Reference Bureau report in 2018, by 2050, Japan’s population aging over 65 years is expected to contribute 36.0% (one-third) of the total population.
Key Players
Global massage pillow market is highly fragmented in nature with the presence of a huge number of small and large players operating in the industry. Walgreen, Xiamen Wellness Technology Co., Ltd, Winning Health Industrial Co. Limited, Medisana GmbH, and Beurer are few of the major players functioning in the massage pillow market.
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