Isostearic Acid Market Expected To Trigger A Revenue To USD 447.9 Million By 2020

Increasing personal care products demand particularly in Asia Pacific and Latin America is expected to drive the global isostearic acid market. Increasing demand for bio-ingredient based products on account of growing consumer awareness regarding hazardous nature of petrochemicals derived products is also expected to have a positive influence on the market growth. High price of isostearic acid owing to its limited supply is expected to hinder the market growth.

Chemical esters emerged as the leading application segment and accounted for 39.8% of the total market volume in 2013. Cosmetics and personal care industry uses isostearic acid derived chemical esters for applications such as skin care, deodorants, lipsticks and hair care products. Lubricant & grease is expected to witness the highest growth of 5.6% from 2014 to 2020. Growth of bio-lubricants industry particularly in developed economies of Europe and North America is expected drive this segment over the next six years.

Myriad isostearic acid applications for personal care products include skin care, hair care, liquid soaps, bath & shower products, sun protection creams and lip colour cosmetics. Isostearic acid ingredient acts as cleaning agents, emollient or emulsifier depending upon the type of personal care product manufactured. Growing consumer awareness regarding bio-ingredient based products coupled with rising health concern is also expected to augment isostearic acid market over the forecast period. Increasing natural products demand on account of potential harm caused due to use of toxic agents produced by petrochemical products has prompted the use of isostearic acid. 

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Further key findings from the study suggest:

·       Global isostearic acid demand was 48.2 kilo tons in 2013 and is expected to reach 67.5 kilo tons by 2020, growing at a CAGR of 4.9% from 2014 to 2020.

·       Europe was the leading regional market and accounted for 32.0% of total consumption in 2013. Europe is expected to continue its dominance over the forecast period. The region however is expected to witness intense competition from rapidly growing Asia Pacific. U.S. is the leading nation consuming isostearic acid in North America and accounts for a major share in the regional market. North America is expected to grow at a CAGR of 3.8% from 2014 to 2020.

·       Asia Pacific is expected to witness the highest growth of 6.0% from 2014 to 2020. Rapid expansion of personal care industry in China, India and Indonesia is expected to drive the regional isostearic acid demand over the next six years. Growth of oleochemicals industry on account of availability of key raw materials in abundance is also expected to fuel the regional market.

·       Global isostearic acid industry is highly consolidated with top two manufactures accounting for over three fourth of the global market. Key industry participants operating in the global market includes Arizona chemicals, Croda International, Oleon NV, Nissan Chemicals, Jarchem Industries, Inc. and Emery Oleochemicals.

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

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

·         Personal Care

·         Chemical Esters

·         Lubricant and Greases

·         Others

Global Isostearic Acid 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

Impact of Existing and Emerging Polyethylene Glycol Market Trends And Forecast by 2020

Global polyethylene glycol (PEG) market is expected to reach USD 1.68 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of PEG as a solvent in the manufacturing of laxatives and eye drops coupled with the growth of pharmaceutical industry is anticipated to drive market. Evolution of waterborne coating and paint in automotive and construction industries owing to growing demand for eco-friendly products is expected to augment PEG market growth.

Medical was the largest application for PEG, accounting for more than 40% of market share in 2013. Superior blending, hygroscopicity and non-toxic properties of PEG have resulted in high demand for the chemical in numerous pharmaceutical products such as tablets and ointments. Increasing pharmaceutical expenditure, particularly in emerging economies of India, China and Brazil, is expected to boost PEG market over the forecast period. Growing demand for paints & coatings coupled with increasing use of PEG as solvent due to its low VOC emissions is anticipated to fuel market growth over the next six years.

Pharmaceutical industry growth in emerging markets including China, India, and Brazil coupled with increased expenditure on technology advancement is expected to drive PEG market. Rising popularity of water-based coatings, paints, and inks on account of increased application scope in construction and automotive industries is expected to augment PEG market demand over the forecast period. PEG is also used as a color stabilizer in the production of paper and ceramic. Paper industry growth in China and India on account of surging domestic demand is expected to promote PEG demand. Automotive, construction, and household industries are a key consumer of ceramic tiles and the growth in these industries are expected to augment PEG demand over the next six years. Market presence of substitutes such as MEG and other glycol ethers is expected to pose a credible threat and negatively impact the market over the forecast period.

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Further key findings from the study suggest:

·       PEG market demand in industrial applications accounted for less than 30% of volume share in 2013 and is expected to witness growth on account of development in automotive, construction, marine, electronics and aerospace industries. Growing automotive production coupled with increasing construction expenditure, particularly in emerging economies of Asia Pacific, Middle East and Latin America, is anticipated to drive PEG market growth.

·       Asia Pacific was the largest market for PEG owing to the presence of a large scale pharmaceutical and automotive manufacturing base in the region. Rapid industrialization in the region over the past decade augmented PEG demand and the trend is anticipated to continue over the forecast period. Growing demand for skin care products as a result of rising consumer purchasing power is expected to play a vital role in the growth of PEG market.

·       Latin America and Middle East are likely to witness above average growth on account of growing automotive industry as well as increasing expenditure on building & construction over the forecast period.

·       Key market participants include BASF SE, The Dow Chemical Company, Ineos, Liaoning Oxiranchem, Jiangsu Haian Petrochemical Plant, India Glycols and Taijie Chemical. Global market for PEG was fragmented due to the presence of numerous companies. Gaining popularity of PEGlycation technology in pharmaceutical and biotechnological applications due to its pharmacological advantages and acceptability is expected to have a positive impact.

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

Global Polyethylene Glycol (PEG) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Medical

·         Personal Care

·         Industrial

·         Others

Global Polyethylene Glycol (PEG) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Polyethylene Glycol Market@ https://www.grandviewresearch.com/press-release/global-polyethylene-glycol-peg-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

North America Concrete Floor Coatings Market Latest Innovations, Drivers and Industry Key Events by 2020

North America concrete floor coatings market is expected to reach USD 1.01 billion by 2020, according to a new study by Grand View Research, Inc. Construction industry growth in the U.S. post the Great Recession in 2008 - 2009, along with expansion of the domestic aerospace and energy sectors are anticipated to fuel concrete floor coatings demand over the forecast period. Introduction of the “National Infrastructural Plan (NIP)” by the government of Mexico, which is aimed at promoting residential and commercial infrastructure, is likely to augment market growth. The government plans to invest USD 590 billion over a period of four years between 2014 and 2018.

Indoor was the largest application segment, accounting for over 60% of the North American concrete floor coatings market volume in 2013. Housing sector growth in the U.S. and Canada is anticipated is expected to fuel concrete floor coatings demand in indoor applications over the forecast period. However, outdoor coatings are anticipated to witness fastest growth over the next six years owing to new product launches at competitive prices. Furthermore, rising consumer awareness regarding protection of exteriors to boost life span of the structure is expected to drive market growth during the projected period.

North America concrete floor coatings market demand was 214.3 kilo tons in 2013 and is expected to reach 329.0 kilo tons by 2020, growing at a CAGR of 6.3% from 2014 to 2020. Concrete floor coatings are used for providing excellent resistance against wear & tear, and high temperature to indoor and outdoor areas in residential and commercial buildings. Recovery of the construction industry in the U.S. is expected to have a positive impact on concrete floor coatings market growth over the forecast period. Positive construction industry outlook in Mexico on account of increasing government expenditure on infrastructure improvement is expected to drive concrete floor coatings market. Under the “National Infrastructure Program 2014-2018” introduced by the government of Mexico, USD 297 billion has been allocated for the development of domestic energy sector and includes 124 projects for the establishment of power plants and natural gas pipelines. However, growing demand for resilient floorings and soft coverings in North America is likely to restrain concrete floor coatings market demand in the near future. Concrete floor coatings emit substantial amounts of VOCs over a period. Rising awareness regarding the harmful effects of VOCs on human health has resulted in the implementation of a stringent regulatory framework which is anticipated to restrict market growth.

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Further key findings from the study suggest:

·       North America concrete floor coatings market demand was 214.3 kilo tons in 2013 and is expected to reach 329.0 kilo tons by 2020, growing at a CAGR of 6.3% from 2014 to 2020

·       Epoxy dominated the North America concrete floor coatings market, accounting for over 50% of the overall volume in 2013. Low cost of epoxy resin as compared to its counterparts is anticipated to have a positive impact on market growth in the near future.

·       Polyaspartics concrete floor coatings are expected to witness fastest growth over the forecast period owing to their superior properties including U.V. protection, fast curing and high temperature range

·       U.S. was the largest concrete floor coatings market in 2013, accounting for over 80% of regional volume share. Robust infrastructure development of commercial and residential structures in the U.S. is anticipated to fuel concrete floor coatings market demand. High prevalence of numerous manufacturing industries including automotive, FMCG, pharmaceutical, food & beverage and oil & gas sectors in the U.S. is expected to promote demand for concrete floor coatings over the forecast period.

·       North America concrete floor coatings market was dominated by four companies’ viz., Sika, BASF, General Polymers and Stonhard together accounting for over 40% of total market share in 2013. Other market participants include PPG, Tennant Company, Pratt & Lambert Paints, Elite Crete System, Behr Process Corporation, Bayer and DuPont

Grand View Research has segmented the North America concrete floor coatings market on the basis of product, application and region:

North America Concrete Floor Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Epoxy

·         Polyurethanes

·         Polyaspartics

·         Others

North America Concrete Floor Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Outdoor

·         Indoor

North America Concrete Floor Coatings Country Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         U.S.

·         Canada

·         Mexico

Access Press Release of North America Concrete Floor Coatings Market@ https://www.grandviewresearch.com/press-release/north-america-concrete-floor-coatings-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

Neem Extracts Market Forecasted to Grow at Steady Pace During the Forecast Period

Global neem extracts market is expected to reach USD 1.32 billion by 2020, according to a new study by Grand View Research, Inc. Rising importance of biofertilizers in developed regions including North America and Europe owing to stringent government regulations on the use of chemical fertilizers is likely to boost neem extracts market over the forecast period. Moreover, neem extracts are extensively used in the manufacture of high quality herbal cosmetics and beauty products. Demand for these products is increasing globally owing to their efficiency and low side effects which are expected to result in high demand.

Biofertilizers constituted the largest application, accounting for over 70% of market revenue in 2013. Growing demand for bio pesticides and bio insecticides is likely to drive neem extracts market over the next six years. Hostile response received from consumers on the use of chemical fertilizers owing to environmental and health concerns are expected to drive the neem extracts market especially in the Europe and North America. In addition, biofertilizer growth in emerging economies including India, China and Brazil is expected to augment neem extracts market over the forecast period. However, lack of availability of raw materials in developed regions owing to unfavorable climatic conditions and high prices is anticipated to restrain neem extract market growth.

Global neem extracts market is expected to witness growth on account of rising demand from various end-use industries including personal care, pharmaceutical, animal feed and agriculture. Furthermore, increasing consumer awareness about health benefits of neem, particularly in developed regions, is anticipated to boost neem extracts market over the forecast period.

Access Research Report of Neem Extracts Market @ http://www.grandviewresearch.com/industry-analysis/neem-extracts-market

Further key findings from the study suggest:

·       Neem extract market demand in personal care products accounted for less than 15% of market revenue in 2013. However, the segment is expected to witness the fastest growth on account of gaining importance of herbal cosmetics and beauty products especially in Asia Pacific and Europe.

·       Growing demand for bio based fertilizers in emerging markets of India and China due to rising health awareness coupled with environmental concerns is expected to have a positive impact on neem extract market in the near future.

·       Asia Pacific was the largest neem extract market, accounting for more than 40% of global revenue in 2013. Increased R&D expenditure by health care companies towards new technology development coupled with increasing use of neem based products in North America and Europe is expected to augment market demand.

·       Europe is expected to witness growth on account of increasing adoption of neem based fertilizers and herbal beauty products in the personal care segment.

·       Key market participants include E.I.D Parry India Ltd., Agro Extracts Ltd, Ajay Bio-Tech Ltd, Kancor Flavors and Extracts Ltd and Neeming Australia Pvt. Ltd. Global market for neem extracts was highly fragmented due to the presence of numerous companies especially in Asia Pacific. Product innovation and strategic alliances with application users are expected to be critical success factors for market participants. Raw material availability in China and Brazil is expected to open new market avenues over the next six years.

Access Press Release of Neem Extracts Market@ https://www.grandviewresearch.com/press-release/global-neem-extracts-market

Grand View Research has segmented the global neem extracts market on the basis of application and region:

Global Neem Extracts Application Outlook (Revenue, USD Million, 2013 - 2020)

·         Pharmaceuticals

·         Personal care

·         Biofertilizers

·         Animal feed

·         Others

Global Neem Extracts Regional Outlook (Revenue, USD Million, 2013 - 2020)

·         North America

·         Europe

·         Latin America

·         Asia Pacific

·         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

Antibacterial Glass Market to Grow at CAGR of 6.7% through 2020: Grand View Research Inc.

The antibacterial glass market is anticipated to be worth USD 222.0 million by 2020. Growing number of hospital acquired and nosocomial infections has increased the risk which is expected to propel growth. It eliminates majority of the bacteria that may form on its surface and also prevents spread of fungi. It is used primarily in spaces which require high degree of hygiene and sterile environment. In addition, rising demand for smartphones fitted with anti-microbial glass is projected to fuel demand for anti-bacterial glass. The product offers an architectural solution for prevention of infections which is further expected to drive product demand in healthcare settings. 

Rising demand for medical device coatings is projected to positively impact the growth over the forecast period. However, low consumer awareness regarding the benefits offered by these products is expected to restrain demand over the forecast period. 

Technological advancements including the development of antibacterial glass for touch screen displays by U.S. based Corning is expected to present growth opportunities for other industry players, thereby propelling the growth of the overall industry. 

Silver was the most dominant active ingredient used and accounted for over 90% of market share in 2013. It is projected to grow at a CAGR of over 6% over the forecast period making it the fastest growing active ingredient segment. Various properties of silver including toxicity to micro-organism and imparting anti-bacterial properties is likely to propel demand over the next six years.

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www.grandviewresearch.com/industry-analysis/antibacterial-glass-industry

Hospitals accounted for more than 38% of the global market in 2013 and are expected to grow at a CAGR of more than 6.5% over the forecast period. Rising need for sterile environment particularly in vulnerable spaces such as geriatric wards and ICU’s, hospitals are expected to be the key application areas. 

Europe accounted for more than 55% of revenue in 2013. This trend is expected to continue over the forecast period due to increasing consumer awareness regarding product benefits. It is expected to witness substantial growth over the forecast period at a CAGR of more than 6.5% due to presence major industry participants in the region. 

Key companies in the industry include Corning Inc., Saint Gobain, Nippon Sheet Glass, Essex Safety Glass Ltd., Archello, Morley Glass & Glazing Ltd, Sprinz and AGC Glass Europe. The industry is characterized by price sensitivity and is consolidated in nature. Product innovation is expected to be key growth driving strategy ove

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber

Grand View Research has segmented the global antibacterial glass market on the basis of product and region:

Antibacterial Glass Active Ingredient Outlook (Revenue, USD Million, 2012 - 2020)

·         Silver

·         Others

Antibacterial Glass Application Outlook (Revenue, USD Million, 2012 - 2020)

·         Hospitals

·         Food and Beverage

·         Military Equipments

·         Household

·         Others

Antibacterial Glass Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Antibacterial Glass Market @: www.grandviewresearch.com/press-release/global-antibacterial-glass-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