White Oil Market Reach at a CAGR of 4.2% from 2019 to 2025

The global white oil market size is projected to reach USD 2.71 billion by 2025 expanding at a CAGR of 4.2%, according to a new report by Grand View Research, Inc. Growing applications of white oils in the pharmaceutical industry, due to their superior blending characteristics are anticipated to drive the market over the forecast period. Pharmaceutical is the second-largest application segment. Increasing prevalence of diseases coupled with the advancement in technology pertaining to the healthcare industry has been driving the growth of this segment. Various governmental strategies have played a key role in driving domestic pharmaceutical industry, which is likely to fuel the demand for white oils.

For instance, the Government of Mexico eliminated stringent regulation against the establishment of new manufacturing units. Thus, different large-scale manufacturers, such as Astellas Pharma Inc., Daiichi-Ranbaxy, and Takeda Pharmaceutical Co. Ltd., have started their production facilities in the country. The packaged food industry is Europe’s biggest manufacturing sector, in terms of value added. Improved living standards coupled with hectic lifestyle will drive the demand for packaged foods, which is expected to fuel the growth of the white oil market. Moreover, rapidly expanding online food market will drive the market further.

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https://www.grandviewresearch.com/industry-analysis/white-oil-market

Further key findings from the study suggest:

·       In terms of volume, the personal care segment led the market in 2018 due to higher demand from end users across the globe

·       Adhesives and agriculture applications are anticipated to have substantial growth prospects. White oils offer high transparency, good thermal stability, and ease of lubrication, which is boosting their demand in adhesives segment

·       Strict regulations governed by key authorities, such as NIOSH and the U.K. HSE, especially in U.S. and Western European countries, are considered as a key restraint for the global white oil market growth

·       Manufacturers produce different commercial grades (technical, medicinal, and food grades) of white oil that vary based on properties, such as constituency, purity, and viscosity

·       Key companies in the market include Sonneborn, Inc.; Sinopec Corporation; Nynas AB; Royal Dutch Shell N.V.; JX Nippon Oil & Energy Corporation; and Petro-Canada

Grand View Research has segmented the global white oil market on the basis of application and region:

White Oil Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Adhesives

·         Agriculture

·         Food

·         Pharmaceutical

·         Personal Care

·         Textile

·         Polymers

·         Others

White Oil Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Oil Spill Management Market is Estimated to Reach A Valuation of USD 177.63 Billion by 2025

The global oil spill management market is expected to reach USD 177.63 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing onshore and offshore drilling activities are the major factor driving the market growth. Rising oil spill incidents from past five years along with strict environmental regulations are anticipated to remain a key factor for the global market. Moreover, increase in the marine oil & gas transportation globally is also projected to have a positive impact on market growth.

Stringent government regulations are formed particularly in the Europe and North America for installing safety devices & technologies during drilling and transportation of crude oil. This has resulted in the growth of market regions. The increase in the pipeline and tanker transportation of petroleum products is also anticipated to increase the growth for various oil spill management technologies. In addition, increasing investment in R&D activities by key market players for rapid and efficient oil-spill cleaning is anticipated to drive the market growth over the next nine years.

Skimmers post oil-spill response technique emerged as the major technology segment in the year 2015. The method involves the usage of weir skimmers, oleophilic skimmers, and non-oleophilic skimmers to clean up an oil spill. Strict oil & gas transport regulation along with rising concern regarding product losses in maritime trade is anticipated to positively impact market growth.

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http://www.grandviewresearch.com/industry-analysis/oil-spill-management-market

Further key findings from the report suggest:

·       The global pre-oil spill management market was worth USD 100.66 billion in 2015. The market is expected to grow at an anticipated CAGR of 3.2% from 2016 to 2025.

·       Pipeline leak detection pre-oil spill technology is expected to be the fastest growing segment and is projected to grow at a CAGR of 4.1 from 2016 to 2025

·       Increasing environmental concern regarding oil spill impacts for instance water contamination and soil fertility is anticipated to drive various innovations to develop efficient systems and technologies that would inform exact location of pipeline leakages

·       Chemical recovery accounted for over 19% of the total response technology market in 2015. The method involves use of dispersing agents, and gelling agents for efficient clean up.

·       North America was the largest oil spill management market in 2015. It is expected to gain share on account of increasing E&P activities particularly in the deep sea.

·       National Oilwell Varco, Cameron International Corporation, Fender & Spill Response Services L.L.C., Ecolab Inc., SkimOil, Inc., Hyundai Heavy Industries Co., Ltd., CURA Emergency Services and COSCO Shipyard Group Co., Ltd. are the prime companies operating in the market.

Grand View Research has segmented the global oil-spill management market on the basis of technology, response technique, application and region:

Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Pre-oil spill

·         Post-oil spill

Post-Oil Spill Management Response Technique Outlook (Revenue, USD Million, 2014 - 2025)

·         Mechanical containment and recovery

·         Chemical recovery

·         Biological recovery

·         Others

Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Pre-oil spill

·         Post-oil spill

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa 

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Geomembrane Market Poised for Robust Value CAGR of Over 4.9% Through 2025

The global geomembrane market size is expected to reach USD 2.43 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.9% over the forecast period. Expansion of the agriculture sector and increasing production capacity of shell gas are the major growth drivers.

Geomembrane can be used as a lining system in commercial buildings, residential structures, and infrastructure. Booming construction sector in South East Asia is projected to benefit the market expansion. Indonesia, Malaysia, Thailand, and Vietnam are expected to witness growth owing to increasing construction spending for developing residential and commercial buildings. Indonesia is one of the most populous countries in the world and the construction sector plays an important role in its economy.

China’s National Energy Administration (NEA) and the Chinese Government plans to accelerate the advancement of the country's shale gas industry. The Chinese Government further supports the development process by offering financial support to qualifying developments. In addition, presence of large shale gas reserves in China, Australia, and India is expected to drive the shale gas market.

Booming metals and mining sector in emerging countries is estimated to benefit market expansion in the forthcoming years. India will witness significant surge in the metal and mining sector owing to infrastructural development, rising automotive production, and growth of power and construction sector. Ample resources including iron ore, bauxite, and coal are expected to create new opportunities over the forecast period. Presence of major players including Coal India Limited, Hindalco, National Mineral Development Corporation Ltd., NALCO, BALCO, Singareni Collieries Company, Reliance Natural Resources, and SAIL will propel the mining sector growth in the country.

Rising importance of geosynthetic materials in the construction and mining sectors on account of favorable properties, such as drainage control, containment, and landfill control, has compelled companies to increase their expenditure on the development of new products, including geosynthetic clay liner and geonets.

Geosynthetic clay liner is expected to remain one of the superior products that finds applications in providing landfill cover as well as containment control in the mining and construction industries. It can be used in numerous applications including highway and civil construction, mining, ponds, landfill, secondary containment, and landfill caps.

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https://www.grandviewresearch.com/industry-analysis/geomembrane-market

Further key findings from the study suggest:

·       In terms of revenue, HDPE raw material segment is anticipated to reach USD 762.3 million by 2025 at a CAGR of 4.7%

·       In terms of revenue, waste management application segment is projected to expand at a CAGR of 4.5% over the forecast period

·       In terms of revenue, mining application segment led with a market share of 39.4% in 2018

·       The Europe geomembrane market is anticipated to reach 241.1 million square meters by 2025

·       In terms of revenue, Middle East and Africa is projected to register a CAGR of 6.0% over the forecast period. Growth of mining sector is projected to contribute to the regional expansion

·       Some of the key companies present in the market are CETCO; GSE Holding, Inc.; Geofabrics Australasia Pty. Ltd; AGRU Kunststofftechnik GmbH; and Carthage Mills Erosion Control Company, Inc.

Grand View Research has segmented the global geomembrane market on the basis of raw material, technology, application, and region:

Geomembrane Raw Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         HDPE

·         LDPE

·         EPDM

·         PVC

·         Others

Geomembrane Technology Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Extrusion

·         Calendering

·         Others

Geomembrane Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Waste Management

·         Water Management

·         Mining

·         Lining Systems

·         Others

Geomembrane Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central and South America

·         MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Key Insights of Future Prospects of Glycol Ether Market During the Forecast Period

The global glycol ether market size is projected to reach USD 7.1 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.4% during the forecast period. Steady rise in demand for paints and coatings across developing countries is expected to drive the market.

Glycol ethers are unique products that combine the attributes of both alcohols and non-bases. The rise in demand for specialty chemicals has led manufacturers to engage in product innovation to develop offerings that perform the role of solvent along with being miscible in water. Although glycol ethers are obtained from crude oil derivatives, their lower carbon footprint has boosted popularity among application segments.

High foreign investment inflows into Asian markets have propelled the regional chemicals industry, providing impetus for glycol ether manufacturers to improve their capabilities. Asia Pacific is the largest consumer - accounting for nearly 50% of the global demand in 2017— and the fastest growing market, with majority of the demand trickling down to key end-uses, such as pharmaceuticals, personal care and cosmetics, and paints and coatings.

Paints and coatings application led the global market, with nearly 800 kilo tons being consumed in the production of architectural and automotive coatings and allied paint categories. In the post-recession era, internal rate of returns in the paints and coatings sector increased from 15.4% in 2009 to 25.1% in 2016, showing signs of stable growth with the sector being valued at over USD 130 billion globally. Concurrent to this trend, glycol ethers are expected to gain tremendous traction over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/glycol-ethers-market

Further key findings from the report suggest:

·       In terms of volume E-series product family accounted for 37% of the overall consumption in 2017. However, regulations surrounding its carcinogenicity and mutagenicity shall act as key restraint factors over the forecast period

·       China is a major player in the global arena, with its consumption accounting for nearly a quarter of the global shipments. Demand for glycol ether products in the country is projected to expand at a CAGR of 5.7% from 2018 to 2025

·       In the P-series product family, butyl glycol ether accounted for nearly 35% of the global market share in terms of volume in 2017. Positive demand outlook as a solvent in paints and coatings, cleaners, and inks shall propel the product at 5.5% CAGR over the forecast period

·       The glycol ether market is marked by mergers and acquisitions and strategic joint ventures in global space. For instance, Sadara Chemical Company, a joint venture between Dow Chemical Company and Saudi Aramco, was a single phase largest chemical complex which was built for the production of commercial butyl glycol ether substances, which was later on refined to produce multiple specialty chemicals.

Grand View Research has segmented the global glycol ether market on the basis of product, application, and region.

Glycol Ether Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         E-Series

·         P-Series

Glycol Ether Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Paints & Coatings

·         Printing

·         Pharmaceuticals

·         Cosmetics & Personal Care

·         Electronics

·         Others

Glycol Ether Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com