Propionic Acid Market Poised to Expand at a Robust Pace Over 2020: Key Industry Players Krishna Chemicals and Macco Organiques

Global Propionic Acid Market is expected to reach USD 1.53 billion by 2020, according to a new study by Grand View Research, Inc. Animal feed application dominated the propionic acid market accounting for over 50% of global demand in 2013. Increasing demand for mold & bacteria curbing additives in animal feed coupled with growing concern for improving animal nutrition is expected to drive market growth.

Europe was the largest regional market accounting for over 35% of global propionic acid market demand in 2013. Favorable regulatory scenario along with growing food preservative & animal feed market in the region has favored propionic acid demand over the past few years. The regional market is expected to continue dominance over the forecast period on account of new market supporting regulations and expanding niche applications including herbicides & bakery preservatives. ‘The European Union Hygiene Directive’ by REACH aims towards maintaining hygiene and quality of mixed-feed products and is expected to fuel propionic acid market growth over the next six years.

Access Research Report of Propionic Acid Market@ www.grandviewresearch.com/industry-analysis/propionic-acid-market

Further key findings from the study suggest:

·       Global propionic acid market demand was 399.4 kilo tons in 2013 and is expected to exceed 470.0 kilo tons by 2020, growing at an estimated CAGR of 2.7% from 2014 to 2020.

·       North America propionic acid market accounted for over 28% of global demand in 2013 and is estimated to lose share to high growth regions such as Asia Pacific. Asia Pacific market is expected to grow at a CAGR of over 3% from 2014 to 2020 owing to expanding animal feed additives industry in Australia, India and China. Chinese propionic acid market is characterized by growing demand in food preservatives and pharmaceuticals.

·       Calcium & sodium propionate was the second largest application segment accounting for over 18% of the global demand in 2013 and is estimated to grow at a CAGR of over 2.5% from 2014 to 2020. Increasing packed food consumption due to changing lifestyle is expected to drive calcium & sodium propionate demand in food preservatives.

·       Propionic acid market comprises some major chemical manufacturing firms and is moderately consolidated. The market participants have been investing heavily on capacity expansions and application development. Some key players in the market include BASF, Eastman Chemical Company, Dow, Perstorp and Biomin Holdings GmbH.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/disinfectants-and-preservatives

Grand View Research has segmented the propionic acid market on the basis of application and region:

Global Propionic Acid Market Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2020)

·         Animal feed

·         Calcium & Sodium Propionate

·         Cellulose Acetate Propionate

·         Others (Herbicides)

Global Propionic Acid Market Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

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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

Plant Growth Regulators Market to Rear Excessive Growth CAGR of 8.6% from 2014 to 2020

Increasing global population and decreasing cultivation area are anticipated to drive plant growth regulators market growth over the coming years.

Demand for the product is likely to increase on account of decreasing area of productive land, growing urbanization, and rising global population Declining agricultural yield due to climatic changes coupled with increasing consumer preference for organic food products is expected to positively affect the growth of the market.

Decreasing agricultural area coupled with increasing demand for organic food is likely to be one of the key trends stoking market growth.

Plant growth regulators are valuable production tools that can enhance product quality and marketability while reducing labor for pinching, pruning, and maintenance. Over the last few decades, they have become an integral part of many horticulture and agricultural production systems.

Product Insights

Cytokinins are plant hormones that regulate various aspects of plant growth and development such as shoot & root growth, cell division & differentiation, delay of senescence, and fruit & seed development. It delays the natural aging process that leads to death in plants. Moreover, it is used to fix the wounded part of a plant.

Cytokinins accounted for a major revenue share of 40.2% in 2014 owning to high consumer awareness about its positive effects on branching, nutrient remobilization, delaying of senescence, and fast growth of flower & seeds.

Auxins are expected to register moderate growth over the coming years. It is used as rooting hormones to regulate growth process in plant cells. Auxins are majorly used in tissue culture and plant propagation. In addition, it is most effective when combined with cytokinins to elite their effects.

Other products include gibberellins and mepiquate chloride. Gibberellin is used to increase sugarcane yield, malting of barley, fruit production, and seed production. The brewing industry has been witnessing significant growth worldwide on account of high demand for beer. This trend is projected to keep the demand for gibberellin high, thereby contributing to the growth of the other segment.

Access Research Report of Plant Growth Regulators Market@ https://www.grandviewresearch.com/industry-analysis/plant-growth-regulators-market

Further Key Findings from the Report Suggest:

·       The cytokinins segment is expected to rise at a CAGR of 9.0% during the forecast period owning to their ability to delay aging process of the plant

·       Auxins are projected to exhibit a CAGR of 8.8% over the same period due to increasing use in cultivation of organic food to regulate the growth process

·       The others segment is anticipated to observe a CAGR of 8.2% from 2014 to 2020 owning to surging demand for gibberellin in the agriculture and brewing industries.

·       Asia Pacific is likely to witness a CAGR of 9.3% during the same period due to decreasing cultivation area and rising population in emerging economies such as India and China

·       Europe accounted for a large share in the market in 2014 and it is estimated to witness a CAGR of 8.5% over the forecast period owning to rising demand form the U.K. and Germany to increase its agriculture production

·       Market players are engaged in developing application specific products in order to increase their market scope. Manufacturers such as Xinyi (H.K.) Industrial Co. Ltd. have their own research & development center.

Access Press Release of Plant Growth Regulators Market@ https://www.grandviewresearch.com/press-release/global-plant-growth-regulators-market

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

Compressed Natural Gas Market Industry Size, Driving Demands, And Market Share Of Various Stakeholders by 2020

Growth of global natural gas vehicles (NGVs) industry coupled with increased automobile fuel efficiency attributed by CNG is anticipated to remain a key driving factor for the global compressed natural gas market. Government subsidiaries in form of financial incentives particularly in Asia Pacific and Latin America is also expected to have a positive impact on the market growth. Positive outlook on exploration of unconventional resources including shale gas particularly in U.S. and China is expected to provide growth opportunities for market participants. High initial investment for CNG automobile storage tanks is expected to remain a key challenge for market participants over the forecast period. Increasing R&D expenditure by automobile manufactures on developing dual fuel engines is expected to remain a critical success factor over the next six years.

Industry Insights

The shift in trend towards adoption of unconventional transportation fuels to reduce carbon footprints is expected to remain a key driving factor for global compressed natural gas (CNG) market. CNG emerged used as a substitute transportation fuel for gasoline, diesel and LPG on account of low emission of greenhouse gases (GHG) production on combustion. CNG can be used in traditional internal combustion engines that have been originally designed or modified for gasoline/diesel which has been further propelling its market growth.

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https://www.grandviewresearch.com/industry-analysis/compressed-natural-gas-cng-market

Further key findings from the study suggest:

·       Global CNG demand was 61,668 MCM in 2013 and is expected to reach 108,957.9 MCM by 2020, growing at a CAGR of 8.5% from 2014 to 2020.

·       Light duty vehicles (LDV) were the largest CNG consuming segment and accounted for 48.3% of total market volume in 2013. Growth of passenger cars particularly in emerging markets of BRICS is expected to drive this segment. LDV is also expected to witness highest growth rate over the forecast period. The segment is expected to grow at an estimated CAGR of 9.1% from 2014 to 2020.

·       Asia Pacific was the leading regional CNG market and is expected to continue its dominance over the next six years in the global market. The region accounted for 46.6% of total market volume in 2013. Positive outlook on automotive industry coupled with government support to promote the use of alternative transportation fuel particularly in China and India is expected to drive the regional CNG market. Central & South America is expected to be the fastest growing regional market for CNG at an estimated CAGR of 17% from 2014 to 2020.

·       Highly fragmented CNG industry participants compete on the basis of price differentiation across various regions. Major industry participants operating in the global CNG market include National Iranian Gas Comp, Indraprastha Gas Ltd (IGL), China Natural Gas Inc and Mahanagar gas Ltd (MNGL).

Grand View Research has segmented the CNG market on the basis of source, application and region:

Global Compressed Natural Gas (CNG) Source Outlook (Volume, MCM; Revenue, USD Billion, 2012 - 2020)

·         Non-Associated Gas

·         Associated Gas

·         Unconventional Methods

Global Compressed Natural Gas (CNG) Application Outlook (Volume, MCM; Revenue, USD Billion, 2012 - 2020)

·         Light Duty Vehicles

·         Medium/Heavy Duty Buses

·         Medium/Heavy Duty Trucks

·         Others

Global Compressed Natural Gas (CNG) Regional Outlook (Volume, MCM; Revenue, USD Billion, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         Middle East & Africa

·         Central & South America

Access Press Release of Compressed Natural Gas Market@ https://www.grandviewresearch.com/press-release/global-compressed-natural-gas-cng-market

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

Flooring Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development by 2020

Growing focus on innovative flooring that is durable in nature is expected to drive flooring market growth through the forecast period. Increased insulation demand is also expected to give impetus to the market over the next six years.

The market is characterized by changing customer preferences, with considerable rise in home improvement and renovation projects. Development of hassle-free installation techniques and coupled with growing demand for environmentally sustainable products is also expected to contribute to industry growth. Environmental and health-related concerns regarding various flooring solutions may pose a challenge to industry participants.

Innovations and new trends in floor designs and construction solutions have extensively driven the flooring market. The market is highly competitive with numerous players offering an array of flooring solutions across residential, commercial, industrial and other application segments. The floor covering industry is being inundated by new technology developments and styling trends. In recent times, end users have been deviating from traditional flooring solutions to more cost effective and eco-friendly flooring materials such as cork, linoleum, bamboo, glass, Polyester (P.E.T) Berber, rubber and reclaimed hardwood. Additionally, surging demand in the construction industry along with changing consumer lifestyles and growing demand for insulation are expected to be the key market drivers. Availability of innovative construction solutions that are durable and require low maintenance is expected to impact the market favorably. However, a major determinant for the success of flooring solutions is consumer awareness and willingness of using the product. Besides, perceived complexity with regards to installation of flooring solutions, they are viewed as expensive and luxurious, which could pose a challenge to the market. Increasing concern over environmental impact is expected to significantly affect the textile flooring market. For instance, carpets are treated with toxic chemicals to repel moisture and soil and for mothproofing, which may cause several health issues.

Access Research Report of Flooring Market@ https://www.grandviewresearch.com/industry-analysis/flooring-market-analysis

Further key findings from the study suggest:

·       Global flooring market demand was estimated at 161.19 billion square feet in 2013, and is expected to reach 240.10 billion square feet by 2020, growing at a CAGR of 5.9% from 2014 to 2020.

·       Soft coverings dominated flooring demand and accounted for over 35% of the overall market volume in 2013. Resilient flooring market is expected to witness substantial growth over the next six years, since it offers benefits such as cost effectiveness, easy installation and low maintenance. Increased demand for antimicrobial and antibacterial flooring is expected to favorably impact resilient flooring demand.

·       Residential segment was the largest application area in 2013 and accounted for over 50% of the market volume. Owing to growing demand across the construction industry and increased home improvement and renovation projects, the market for flooring products in residential applications is expected to witness growth over the forecast period.

·       Asia Pacific accounted for over 45% of the global demand in 2013, and is expected to continue dominating the market over the next six years. This can be attributed to increased demand for residential and non-residential building spaces due to population growth and urbanization.

·       Key industry participants include Shaw Industries, Mohawk Industries, Interface, Inc., Mannington Mills, Armstrong, etc. Developing a vertically integrated infrastructure is expected to be a critical success factor for gaining market share. As a result, mergers and acquisitions, coupled with meeting consumer preferences through product differentiation have been among the key strategies adopted.

Access Press Release of Flooring Market@ https://www.grandviewresearch.com/press-release/global-flooring-market-analysis

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

Liquid Crystal Polymers Market Latest Innovations, Drivers and Industry Key Events by 2020

Global liquid crystal polymers (LCP) market demand was 42.8 kilo tons in 2012. Rapid miniaturization of electronic components such as connectors and surface mount devices is expected to remain a key driving factor for global LCP market over the forecast period. Denser component packaging coupled with higher fabrication temperature offered by LCP is also expected to have a positive influence on the market growth.

Shift in trend towards miniaturization of electrical components such as surface mount device and connectors is expected to drive global LCP market. Growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency is also expected to have a positive influence on the market growth. Lower welding strength and warpage associated with LCP is expected to remain a key challenge for market participants.

Electrical & electronics emerged as the leading application segment and accounted for 81.5% of total market volume in 2013. Growing engineering resins demand for manufacturing ultra-thin electrical components is expected to remain a key driving factor for this segment. LCP is favored over other engineering resins such as polyphenylene sulfide (PPS), nylon 46 and polyphthalamide (PPA) which has further propelled market growth. Electrical & electronics is also expected to witness the highest growth rate of 8.9% over the forecast period. LCP demand from automotive industry is expected to grow at an estimated CAGR of 7.3% from 2014 to 2020. Shift in trend towards adoption of lightweight, high performance materials from automotive industry particularly in the U.S. and Europe is expected to drive this segment.

Access Research Report of Liquid Crystal Polymers Market@ http://www.grandviewresearch.com/industry-analysis/liquid-crystal-polymers-market

Further key findings from the study suggest:

·       Global LCP demand was 46.1 kilo tons in 2013 and is expected to reach 81.7 kilo tons by 2020, growing at a CAGR of 8.6% from 2014 to 2020.

·       China was the leading regional market and accounted for 46.1% of total market volume in 2013. China is expected to continue its dominance over the forecast period owing to rapid expansion of electronics & electrical industry in the nation. Other Asian countries such as India, Japan, South Korea and Taiwan are also expected to witness steady growth over the forecast period.

·       Industrial machinery applications include ceramic material substitutes and mass transfer packaging in chemical industries. Increasing industrial machinery demand particularly in China and other Asian countries is expected to complement regional market growth.

·       North American LCP market is expected to reach USD 241.4 million by 2020, growing at an estimated CAGR of 7.3% from 2014 to 2020.

·       Global LCP market is highly consolidated with top four companies accounting for over three-fourth of total market. Some major companies operating in the global LCP market include Celanese Corporation, Polyplastics Co., Ltd, Solvay S.A and Sumitomo Chemical. Other companies include Toray International, Inc, Samsung Fine Chemicals and Ueno Fine Chemicals Industry Ltd.

Grand View Research has segmented the LCP market on the basis of application and region:

Global Liquid Crystal Polymer (LCP) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Electrical & Electronics

·         Industrial Machinery

·         Automotive

·         Others

Global Liquid Crystal Polymer (LCP) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         China

·         Rest of Asia Pacific

Access Press Release of Liquid Crystal Polymers Market@ https://www.grandviewresearch.com/press-release/global-liquid-crystal-polymers-market

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

Tight Gas Market is Anticipated To Generate Significant Revenues by 2020

Global tight gas market revenue is expected to reach USD 59.40 billion by 2020, growing at a CAGR of 3.5% from 2014 to 2020. Tight gas has a critical role in supply of natural gas in North America mainly in the U.S. Tight gas was the leading unconventional gas contributing to the growing demand for natural gas in the nation, until recent years, when shale gas emerged as a feasible alternative. China is expected to emerge as a leading regional market for tight gas with extensive drilling activities underway for tight gas extraction across the nation. With China estimated to possess significant reserves, global expenditure tight gas R&D, exploration, and commercialization is expected to witness significant surge over the next six years. Advanced fracturing techniques have led to an economical extraction of tight gas. Large reservoirs are found in North America, Russia and China. Global and integrated oil and gas players such as Total and Shell have been actively involved in exploration and production of tight gas. With a target of ramping up tight gas and CBM (Coalbed Methane) production, the Chinese government has been actively investing in infrastructure building, which is expected to be critical for tight gas market development over the next six years. In addition, increasing drilling activities in Argentina and Oman have been supporting the global production rate of tight gas.

Power generation emerged as the leading application market for tight gas and accounted for 33.1% of total tight gas produced globally in 2013. Power generation along with being the largest market is also expected to be the fastest growing application markets for tight gas at an estimated CAGR of 6.2% from 2014 to 2020. North America dominated the global market for tight gas with the U.S. and Canada together accounting for more than 75% of global tight gas produced in 2013. However, government support to push the production of tight gas in China is expected to make Asia Pacific the fastest growing market for tight gas at an estimated CAGR of 13.6% from 2014 to 2020.

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Further key findings from the study suggest:

·       Global tight gas production was 11,816.3 Bcf in 2013 and is expected to reach 16,141.5 Bcf by 2020, growing at a CAGR of 4.7% from 2014 to 2020.

·       Power generation emerged as the leading application market for tight gas and accounted for 33.1% of total tight gas produced globally in 2013. Power generation along with being the largest market is also expected to be the fastest growing application market, at an estimated CAGR of 6.2% from 2014 to 2020.

·       North America dominated the global market for tight gas with the U.S. and Canada together accounting for more than 75% of global tight gas produced in 2013. U.S. dominates the North American tight gas market, with revenue estimated at USD 25.92 billion in 2013, expected to grow at a CAGR of 3% from 2014 to 2020. However, government support to push the production of tight gas in China is expected to make Asia Pacific the fastest growing market for tight gas at an estimated CAGR of 13.6% from 2014 to 2020. However, lack of drilling companies operating in Australia and Western Europe to meet the economies of scale has been hampering the production rate.

·       Key companies operating in the global tight gas market include, Anadarko, British Petroleum, ExxonMobil, PetroChina, Royal Dutch Shell, Sinopec and Total SA among some other companies.

Grand View Research has segmented the global tight gas market on the basis of application and region:

Tight Gas Application Outlook (Volume, Bcf; Revenue, USD Billion; 2012-2020)

·         Power Generation

·         Industrial

·         Residential

·         Commercial

·         Transportation

Regional coverage of the database includes:

·         North America

o    U.S.

o    Canada

o    Europe

o    Russia

·         Asia-Pacific

o    China

·         RoW

Access Press Release of Tight Gas Market@ https://www.grandviewresearch.com/press-release/global-tight-gas-market

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