Tuesday, 15 January 2019

Agar Market Industry Analysis , Trends and Forecast 2018 - 2026

Agar is a hydrophilic colloid composed of a polysaccharide - agarose - an agaropectin that is made from galactose monomer. Agar naturally accumulates in cell walls of certain seaweeds or algae of Gelidium, Gracilaria, and Pterocladia of class – Rhodophyceae. It is extracted from these sources and is prepared in different forms such as powder, strips, and granules. Hot aqueous agar solution of 1.5% is a clear liquid and when it is cooled to 34-43°C it forms a firm gel, which remains in gel form till 85°C. This in turn makes agar a perfect gelling agent.
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Market Dynamics:
Among end-use industries, cosmetics sector is expected to drive growth of the agar market, owing to use of agar as a gelling agent in cosmetic formulations. Agar is used as a thickening and stabilizing agent in skincare products such as facial cream or lotion, foundation, and shaving creams. According to The Cosmetic Toiletry & Perfumery Association annual report 2017, cosmetics industry was valued at over US$ 12.30 billion in 2017 in the U.K, of which 23.6% of the share was accounted by skin care industry. The report also stated that skin care industry in the U.K witnessed a growth of 1.5% in 2017 to reach US$ 2.90 billion in December 2017 from US$ 2.86 billion in December 2016. Agar is also used in hair conditioners, tooth pastes, liquid soaps, and body wash. Therefore, growth of cosmetic industry is expected to propel demand for agar in the global market.
Market Outlook: 
Among regions, Asia Pacific is expected to account for the highest market share in the global agar market, owing to growing food processing industry in economies such as India. Agar is used in food processing as a flavorless thickening agent. According to a report ‘High-Growth Segments of Indian Food and Beverage Industry’ (November 2017) of Indian government’s Ministry of food processing industries, total consumption of the food and beverage segment in India is expected to increase from US$ 369 billion to US$ 1.142 trillion by 2025. Agar is majorly used in confectionery, for setting jellies, cheesecakes, candy fillers, ice cream, sauce, cream thickeners and as clarifying agent in beer brewing. It is also a natural and vegetarian alternative to animal derived gelatin, which is a widely used gelling agent. Therefore, growing food processing industry is expected to propel demand for agar in Asia Pacific.
Key players:
Key players operating in the global agar market include, Java Biocolloid, Meron, Industrias Roko, S.A., AEP Colloids, MSC Co., Ltd., Neogen Food Safety, Agarindo Bogatama, Myeongshin Agar Agar Mfg. Co., Ltd., Agarmex, and Titan Biotech.
Market Taxonomy:
On the basis of grade, the global agar market is segmented into:
    • Bacteriological
    • Food
    • Industrial
On the basis of application, the global agar market is segmented into:
    • Agarose Preparation
    • Microbial Growth Medium
    • Thickening & Stabilizing Agent
    • Emulsifier
    • Dental Molds
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Monday, 14 January 2019

Natural Antioxidants Market Industry Outlook, and Opportunity Analysis, 2018–2026

Antioxidants are inhibitors of oxidation reaction, which can lead to generation of reactive oxygen species. Synthetic Antioxidants are prepared artificially by chemical synthesis. Whereas natural antioxidants are naturally developed in all living organisms as a defense mechanism to prevent cell damage caused by oxidative stress. Natural antioxidants can be classified as polyphenols, flavonoids, carotenoids and peptides depending on chemical nature and can be isolated using different extraction techniques.
Market Dynamics:
Antioxidants are majorly used in food-processing where use of synthetic antioxidants is common to increase shelf life of ready-to-eat food products. A major driver for growth of natural antioxidants market is increasing awareness regarding side effects of synthetic antioxidants. Moreover, natural antioxidants have better antioxidative activity as compared to the synthetic antioxidants.
According to a report ‘High-Growth Segments of Indian Food and Beverage Industry’ (November 2017) of Indian government’s Ministry of food processing industries, total consumption of the food and beverage segment in India is expected to increase from US$ 369billion to US$ 1.142trillion by 2025. Increased consumption of processed food is expected to propel demand for food items with longer shelf life. To meet this demand, natural antioxidants would provide greener and safer alternative.
However, high cost of natural antioxidants as compared to synthetic antioxidants may hamper natural antioxidants market growth.
Market Outlook:
Among end-user industries, pharmaceutical segment accounted for the largest market share in natural antioxidants market, owing to preventive measures against diseases such as cancer, cardiovascular and neurodegenerative diseases, and premature aging, which are caused by oxidative stress. Increasing health problems are propelling demand for sustainable solutions.
According to the Coherent Market Insights analysis, Asia Pacific region accounted for the largest market share in global natural antioxidants market, owing to rising demand from the neutraceutical and pharmaceutical industry. According to India brand Equity Foundation (IBEF) report, ‘The Best of India in Pharma’ (February 2017), there has been increasing demand for Indian traditional products in foreign markets, as India is the base for natural herbal products. Indian neutracetical market is expected to account for US$ 6.1 billion by 2020. According to the review article ‘New Concepts in Neutraceuticals as Alternative for Pharmaceuticals’ of international journal of preventive medicine, the worldwide neutraceuticals market is expected to reach US$ 250 billion by 2018.
Key players:
Key players operating in the global natural antioxidants market include DSM, Archer Daniels Midland, DuPont-Danisco, Cargill, Prinova, S.P.A, Naturex, and Ajinomoto OmniChem Natural Specialties.
Market Taxonomy:
On the basis of source, Global Natural Antioxidants Market is segmented into:
  • Plants, fruits, vegetables
  • Algal
  • Animal
On the basis of Chemical Nature, Global Natural Antioxidants Market is segmented into:
  • Polyphenols
  • Flavonoids
  • Carotenoids
  • Vitamins
  • Amino acids, peptides, and enzymes
About Coherent Market Insights:
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Friday, 4 January 2019

Abamectin Market Industry Analysis, Outlook and Opportunity Analysis, 2018 – 2026

Abamectin is a natural fermentation byproduct of soil bacterium Streptomyces avermitilis. It is used as pesticides, insecticides, anthelmintics, and nematicides. Abamectin is available as a mixture of avermectins containing over 80% avermectin B1a and less than 20% avermectin B1b. Abamectin is a highly toxic chemical, however most formulated products contain abamectin at low concentration for low toxicity to mammals.
Abamectin Market: Drivers
New product launches is expected to boost growth of the abamectin market. For instance, in January 2018, Y-TEX Corp., a leading supplier of pest control solutions and livestock identifications, launched its new TRI-ZAP insecticide ear tags for beef and dairy cattle. TRI-ZAP contains abamectin along with two other ingredients, zetacypermethrin and piperonyl butoxide, making it most effective fly control product for cattles.
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Furthermore, mergers and acquisitions by key players for development of new insecticide products is expected to drive growth of the abamectin market. For instance, in June 2017, American Vanguard Corporation announced that AMVAC Chemical Corporation, which is a subsidiary of American Vanguard Corporation, acquired abamectin insecticide, along with two other pesticides from Adama Agricultural Solutions Ltd. to market these products in the crop protection market within the U.S.
Abamectin Market: Restraints
Ban on abamectin products is expected to hamper growth of the abamectin market. For instance, in January 2016, Confidence Analytics published blacklist of pesticides, which are banned for use in crops. Abamectin was one among the drugs in the blacklist due to formation of reproductive system toxicity in human beings and aquatic life.
Furthermore, other new product launches with greater efficiency than abamectin is projected to restrain growth of the abamectin market. For instance, in September 2017, VIRBAC Australia came up with first broad spectrum formulation, Tridectin, which has greater potency than abamectin products. Tridectin contains Moxidectin, Levamisole, and Albendazole, a powerful triple formulation that is effective against worms. These triple formulations are beneficial and highly effective since it is difficult for pests to acquire resistance to them, than single pesticide containing formulations which have acquired resistance.
Abamectin Market – Regional Analysis
On the basis of region, the global abamectin market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Asia Pacific region is expected to hold dominant position in the abamectin market due to increasing support of key players to farmers in cultivations of crops. For instance, Bayer AG, in India in October 2018, at the Annual Biocontrol Industry Meeting 2018, announced to help farmers with a broad range of integrated agronomic solutions including biological crop protection. The meeting mainly focused on the trends in research and development, innovations in the biologics market, and novel biological products for environmentally conscious and sustainable crop protection.
Furthermore, increasing awareness on using pesticides for efficient crop cultivation and protection practices in Asia Pacific region is expected to increase growth of the abamectin market. For instance, in September 2018, the first international conference on biological control was held in India aiming various methods of biological control of insect pests and diseases for crop protection. Conference focused on the challenges faced by researchers, farmers and other stakeholders in implementing biological control programs.
North America is expected to witness significant growth in the global abamectin market, owing to acquisitions by key players. For instance, in February 2016, the China National Chemical Corp acquired Syngenta AG., a U.S.-based company, by receiving the U.S. antitrust approval. Through this acquisition, China National Chemical Corp sold rights of abamectin and other pesticides to Syngenta AG. Also, this acquisition will allow Syngenta AG to sell abamectin and other pesticides to the U.S. farmers with high quality. This deal was closed for US$ 43 billion.
Abamectin Market – Competitive Analysis
Key players operating in the abamectin market include Syngenta AG, Hebei Veyong Bio-Chemical Co. Ltd, Nufarm, Bayer AG, Dow AgroSciences LLC, Monsanto Company, Zhejiang Jinfanda Biochemical Co., Ltd., Jiangsu Fengyuan Bioengineering Co., Ltd., Chongqing Huapont Pharmaceutical Co., Ltd., Arysta LifeScience Corporation., Rallis India Limited, and KUMIAI CHEMICAL INDUSTRY CO., LTD.
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Thursday, 3 January 2019

Thioester Market Industry Analysis and Forecast 2026

Thioester is an organosulfur compound with functional group R–S–CO–R' used in the synthesis of pharmaceutical, industrial as well as natural products. Thioesters are produced by esterification of thiols. Thioester is an important intermediate in various biochemical pathways such as metabolism of fats and oils and synthesis of steroids. It serves as a major intermediate in food processing, medicinal & cosmetic products, and even in the production of polymer materials.
Market Dynamics:
Use of thioester as an antioxidant, is expected to lead the market due to its application in polymer processing to prevent discoloration and deterioration of polymer. It is used as stabilizer in polymer processing such as polyethylene, polypropylene, polyethylene, and synthetic rubbers, against heat and light. According to the website of Chemicals and Petrochemicals Manufacturer’s Association of India, Asia Pacific is expected to account for 64% of global polypropylene demand by 2025. Moreover, according to plastics and composites sector report (2015) of Academy of Sciences Malaysia, the global plastic polymer demand is expected to reach 600 million tons by 2050. High demand for polymers is expected to drive growth of the thioester market during the forecast period.
Market Outlook:
Thioester is used in various food applications, such as it is used in fats and oils to prevent rancidity. It is also used in food packaging materials. Derivative of thioester such as methyl isobutanethioate is being used as flavoring agent in food processing industry. Asia Pacific is the fastest growing market for food processing sector due to emerging economies such as China and India. According to annual report (2016-2017), published by the Ministry of Food Processing Industries of Government of India, annual growth rate of food processing industry sector during 2015-16 was 7.00 percent. As per food processing sector survey on ‘Make in India’ website, India’s USD 600 billion food processing industry is expected to grow three-fold by 2020. Growth of food processing industry is expected to propel demand for thioester, owing to its various applications in this sector.
Key players:
Key players operating in the global thioester market include Songwon Industrial Co. Ltd., Addivant USA LLC., Reagens SPA, Trigon Antioxidants Pvt. Ltd., Bioray Chemical Co. Ltd., Double Bond Chemical Ind. Co. Ltd., and Mayzo. Inc.
Thioester Market Taxonomy:
On the basis of application, global thioester market is segmented into:
    • Antioxidant
    • Flavoring agent
    • Stabilizer
On the basis of end-use industry, global thioester market is segmented into:
    • Plastics & polymer
    • Food
    • Pharmaceutical
    • Cosmetics
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Thursday, 27 December 2018

Ammonium Phosphates Market Industry Research, Trends, and Forecast 2018 - 2026

Ammonium Phosphates Market: Introduction
Ammonium phosphates are widely available in solid form such as powder, pellet crystal, and liquid form. They are the salt of phosphoric acid and ammonium. They are commonly available under the name of mono-ammonium phosphates, di-ammonium phosphates, and ammonium polyphosphate. The chemical has applications in fertilizers, food additives, flame retardant, fire control, and others.
Market Dynamics
Rising demand from fertilizers and animal feed industry across the globe is driving ammonium phosphates market growth. According to the Food and Agriculture Organization of the United States, in 2017, the demand for fertilizer nutrient use including nitrogen, phosphates, and Potash raised to 190850 tons from 184017 tons in 2015, globally. As per the FAO, the estimated demand by 2020, is expected to be around 201663 tons at the global level. Furthermore, ammonium phosphates are used in fire control and flam-retardant in the industrial sector, which is expected to propel the ammonium phosphates market growth in near future.
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However, extensive use of fertilizers to increase crop yield results into infertility of soil. Moreover, excessive fertilization also ground water poisonous and dead zones in oceans. For instance, the Gulf of Mexico has ocean dead zone, which is an effect of leaching of fertilizers into the water bodies. Such factors may deter the ammonium phosphates market growth in the near future.
Regional Outlook
Asia Pacific is anticipated to hold the major share in the ammonium phosphates market during the forecast period, owing to the rising demand for ammonium phosphates from China, Pakistan, India, and South East Asian countries for its application in agriculture as fertilizers. The economies are the major consumers of the ammonium phosphates. According to the Ministry of Chemicals and Fertilizers, in India, the demand for NP/NPKs fertilizers including urea ammonium phosphates, ammonium phosphates sulphate and others in 2016, increased to 11420 tons from 10577 tons in 2013.
North America is expected to witness significant share in the market over the forecast period, owing to prominent utilization of ammonium phosphates in the crops such as corns and soybean, particularly in the U.S. Corns and soybean are the highest produced crops in the U.S. Ammonium phosphates facilitates phosphorus and nitrogen, which are considered vital for the proper growth of the crops. According to the United States Department of Agriculture, in 2017, Corn yield in the U.S. was estimated at a record high 176.6 bushels per acre and soybean production was recorded at 4.39 billion bushels in 2017.
Key players in the Ammonium Phosphates Market
Key players operating in the market include Yara International, Haifa Chemical, Coromandel, PotashCorp, Israel Chemical Ltd (ICL), Mosaic Co, United Phosphorus Limited Potash Corp. of Saskatchewan Inc., Yuntianhua Group Company Limited, Jordan Phosphate Mines Company, CF Industries Holdings, Lanxess AG, and others.
Major players in the market are adopting strategies such as mergers & acquisitions, product launch & development, business expansion, partnerships & collaborations to gain strong foothold in the global market. For instance, in 2013, CF Holdings announced its strategic collaboration with Mosaic Co. The collaboration aimed to sell phosphates mining and manufacturing business to Mosaic Company. Moreover, the company would be supplying 600000 to 800000 tons of ammonia per year up to 15 years to Mosaic Company.
MARKET TAXONOMY
The Ammonium Phosphates market is segmented into:
By Product Type
    • Mono-ammonium phosphate
    • Di-ammonium phosphate
    • Ammonium polyphosphate
By Application
    • Fertilizers
    • Flame-retardant
    • Feed
    • Food Additives
    • Others (Water Treatment Chemicals)
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Wednesday, 14 November 2018

Calcined Alumina Powder Market - Outlook, and Opportunity Analysis, 2018-2026

Calcined alumina powder is produced by calcination of alumina. The manufacturing process is carried out at various temperatures, which control hardness and abrasive properties of calcined alumina powder, such as polishing and grinding. At temperature of 1200-1300ºC, calcined alumina is easily converted into pure Aluminum Oxide (Al2O3). Calcined alumina is majorly used in a variety of industrial applications such as technical ceramics, structural ceramics, polishing compounds for metal, plastic and glass, fillers for rubber and plastics, paint & coatings, refractories, and thermal spray powders.
Market Dynamics
Key factors such as increasing demand for paint and coatings across the globe is projected to fuel growth of the global calcined alumina powder market over the forecast period. Furthermore, owing to unique physical and chemical properties of calcined alumina powder, such as dielectric properties and high melting point, calcined alumina powder is gaining significant popularity in the paint and coatings industry. For instance, according to Coherent Market Insights, 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.
Availability of alternatives such as kyanite is expected to restrain growth of the global calcined alumina powder market. Kyanite offers high strength and volume stability at higher temperature, due to which it is widely used in commercial ceramics applications. For instance, according to United States Geological Survey, The U.S. is the world’s leading producer of kyanite, which recorded kyanite production of 110,000 metric tons in 2014, which increased by 100,000 metric tons from 2013.
Market Outlook
Among applications, the ceramics segment accounted for a major market share in 2016. The ceramics industry encompasses a wide variety of applications, including advanced ceramics, technical ceramics, honeycomb ceramics, spark plugs, high voltage insulators, and wear parts among other. Calcined alumina is a commonly used raw material in almost every ceramic application due to its robust mechanical, electrical, thermal, and chemical properties such as hardness, dielectric properties, and high melting point.
North America holds the second-largest market for calcined alumina powder. Introduction of new innovative technologies by key players and new product launches in the region are favoring market growth. For instance, Almatis GmbH expanded its North America refinery production to further service the non-metallurgical alumina such as calcined alumina in the chemical market. Furthermore, calcined alumina powders are typically used for metal lapping and polishing, as well as used as the traditional rough and final polishing abrasive, which is relatively inexpensive and readily available.
Asia Pacific is projected hold the fastest-growing market over the forecast period. Increasing demand for calcined alumina powder in the ceramics industries, for use as a porous ceramics material, helps enhance thermal conductivity, is expected to boost growth of the calcined alumina powder market size in the region over the forecast period. For instance, according to India Brand Equity Foundation (IBEF), ceramics industry was valued at US $ 4.63 billion in 2017, which is expected to increase by US$ 9.26 billion in 2020.
Key players in the Global Calcined Alumina Powder Market
Major players operating in the global calcined alumina powder market include Almatis, Hindalco Industries Limited, Graystar LLC, Saint-Gobain Ceramic Materials, Fuji Kasei, READE, Fujimi Corporation, Honeywell International Inc., Lianyungang Zhong Ao Aluminium Co., Ltd, Paradise Minerals, and Logitech
Key players are strategically investing in the market in order to enhance their product portfolio. For instance, in August 2017, Almatis announced a major expansion of its Falta, India specialty alumina plant with the planned installation of a tabular alumina converter. Furthermore, Alcoa World Alumina and Chemicals, also known as AWAC, is a global alumina business company that is a joint venture between Alumina Limited and Alcoa Inc. The company with an international network of alumina refineries accounts for around 10% of the world’s alumina production. This joint venture aims at expanding potential opportunities for refineries located in Australia and Brazil.
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Market Taxonomy
On the basis of product type, the calcined alumina powder market is segmented into:
    • Type I
    • Type II
On the basis of application, the calcined alumina powder market is segmented into:
    • Ceramics
    • Polishing Compound
    • Fillers
    • Refractory
    • Thermal Spray Powder
    • Paint and Coating
    • Others
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Tuesday, 13 November 2018

Greenhouse Produce Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

A greenhouse also called as glasshouse is a structure with walls and roof made mainly of transparent material such as glass, which is used for growth of plants under regulated and controlled climatic conditions. Greenhouses enables production of crops at a time of year when they can’t be grown outdoors. Vegetables such as tomatoes, cucumbers, lettuces, zucchini, eggplants, spinach, pumpkins and fruits such as strawberries, melons, flowers such as roses, lilac, petunias herbs, geraniums, snapdragons, and marijuana are majorly produced under cover. In domestic greenhouses, the glass used is typically 3mm ‘horticultural glass' grade, which is good quality glass without air bubbles (which can produce scorching on leaves by acting like lenses). Tomatoes are widely grown in greenhouses, followed by cucumbers.
Plastics majorly used in construction of greenhouse are polyethylene film and multiwall sheets of polycarbonate material, or Polymethyl methacrylate (PMMA) acrylic glass. Commercial glass greenhouses are constructed with high-tech production facilities for vegetables or flowers. The glass greenhouses are equipped with screening installations, cooling and lighting, heating, and may be automatically controlled by a computer. Greenhouses protect the crops from various diseases, especially those which are soil born and tumble onto plants in the rain. Major advantage of greenhouse produce is season extension. Protected crops are less likely to get damaged by wind, rain, and hail so the percentage of marketable products is higher.
Market Dynamics
Major driver for greenhouse produce market growth is increasing demand for more intensive production of crops due to limited land, water, and labor. Regional governments are taking initiatives to develop new greenhouse production units. For instance, according to the Russian Federation Ministry of Agriculture, in 2016, 160 ha area of modern greenhouses were built in Russia.
Greenhouse production is more expensive than producing the same crop in the open field. Important factors determining costs of greenhouse production are depreciation of the structure and equipment, energy, labor, and variable costs such as plant material and fertilizer. According to the article published in an International Journal of Environmental Sciences, in 2013, comparison of the selling price of an open field and greenhouse cultivated tomatoes concluded that the selling price of greenhouse grown tomatoes was US$ 0.22 more than the open field grown tomatoes. Such factors are major challenges for growth of the market over the forecast period.
Market Outlook
According to global greenhouse produce market analysis, North America held the dominant position in the market in 2017, owing to high presence of vegetables and fruits manufacturers in the region, which are estimated to maintain dominance in market throughout the forecast period.
Increasing disposable income is expected to propel demand of greenhouse produce in the Asia, Latin American and Eastern Europe. Shandong is a leader in protected cultivation in China. Shandong has the largest surface area of greenhouses in China. The protected area totaled over 973,000 ha (including 300,000ha solar greenhouses and the rest of different sized tunnels) in 2015.
Based on product type, vegetables segment is projected to gain significant traction over the forecast period. Advances in plant biotechnology, transportation conditions such as plant cultivation friendly vehicle with inbuilt temperature control facilities, and marketing strategies such as advertisement and promotions are the major drivers for growth of floriculture industry and hence flowers segment is estimated to be the fastest growing segment in the global greenhouse produce market. According to United States Department of Agriculture (USDA) the US flower and ornamental plant market was valued at wholesale at US $4370 million in 2015.
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Key players in Global Greenhouse Produce Market
Key players in global greenhouse produce market are Greenhouse Produce Company LLC, GGS Structures Inc., Four Seasons Greenhouse and Nursery, Inc., Devry Greenhouse Ltd, Loch's Greenhouse, Elk River Greenhouse and Vegetable Farms, Mikes Greenhouse Produce Inc, Mitchell’s Greenhouse and Produce LLC, and Venlo AP HOLLAND Group. These key players are either designer, manufacturer or installer of domestic and commercial greenhouse structure.
Various trends and technologies are incorporated by manufacturers to increase the yield and to produce energy efficient greenhouses. For instance, in China, tunnels will be upgraded into solar greenhouses and solar greenhouse will be upgraded into glass greenhouses. According to Opportunity Report Horticulture in Shandong Province-2017, by Netherlands Enterprise Agency, there are several Venlo greenhouse projects on their way in China’s Dongying and Dezhou cities.
Market Taxonomy
On the basis of product type, global greenhouse produce market is segmented into:
    • Vegetables
    • Fruits
    • Flowers
    • Others
On the basis of irrigation, global greenhouse produce market is segmented into:
    • Soil & Culture
    • Transplant Production
    • Hydroponics
    • Others
About Coherent Market Insights:
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