Hydrogen Storage Market Pegged For Strong Growth During the Forecast Period: Grand View Research Inc.

The global hydrogen storage market size is expected to reach USD 6.47 billion by 2025, according to a new report by Grand View Research, Inc. Favorable government regulations from U.S. DoE for producing alternative energy as fuel is expected to drive the market over the forecast period. Growing population and disposable income is projected to propel the market growth over the coming years.

Rising concern for the production cost of hydrogen is projected to be a major challenge for demand. Increasing need for energy supply in power & energy sectors is anticipated to drive the growth for hydrogen storage systems. Rising focus to generate energy from renewable sources is expected to augment the market positively.

The shift in trend towards producing alternative renewable energy from fuel cells, oxygen, and hydrogen is projected to propel the market. Increasing demand for power consumption on account of rapid urbanization and industrialization is anticipated to drive H₂ storage over the coming years.

Companies such as Cella Energy Ltd and Eutectix LLC have tie-ups with hydrogen generation and automobile companies local for the distribution of hydrogen storage. Most of the companies have adopted partnership strategies with Defense & Aerospace to enhance the hydrogen storage technology.

To request a sample copy or view summary of this report, click the link below: 
http://www.grandviewresearch.com/industry-analysis/hydrogen-storage-market

Further key Findings From the Study Suggest:

·       Physical based segment dominated the hydrogen storage type in 2015 accounting for over  72.6% of the global industry

·       Increased demand of hydrogen as compressed gas and liquid hydrogen is expected to boost the physical hydrogen storage market

·       Technologies such as metal hydrides, adsorbent, and chemical hydrogen storage among others are used to store hydrogen as material based

·       Stationary segment is expected to be the largest hydrogen storage application by 2025 accounting for over 75.5% of the global industry.

·       Increasing demand for stored hydrogen in power, energy, transportation, fuelling stations, and electronic sectors is anticipated to augment the market growth

·       Asia Pacific regional segment is expected to grow at a significant rate of 5.9% over the forecast period owning to growing demand for H₂ and fuel cells

·       Rising investment in hydrogen storage materials, development and R&D of technologies is expected to propel the market over the coming years

Grand View Research has segmented the hydrogen storage market on the basis of type, application, and region:

Type Outlook By Revenue (USD Million, 2014-2025)

·         Physical Based

·         Material Based

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

·         Stationary Power

·         Portable Power

·         Transportation

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

·         North America

·         Europe

·         Asia Pacific

·         CSA

·         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

North America Sodium Silicate Market to Surpass USD 1.05 Billion by 2025

The North America sodium silicate market is expected to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc. North America sodium silicate industry is expected to grow on account of high product demand in mining, water treatment and agriculture applications.

The industry is expected to be highly competitive owing to the presence of major manufacturers including PQ Corporation, PPG Industries, and OxyChem Corporation which dominate the market. High production capacities, wide geographical reach and distribution network offered by these players give them a competitive edge over their counterparts.

The industry players are likely to increase their investment in R&D to enhance product quality and reduce the cost to gain a higher market share. However, high transportation costs associated with liquid sodium silicate coupled with fluctuating raw material price is expected to impact the industry growth.

The majority of the players in the industry are involved in the captive consumption of the product to produce silica gel, precipitated silica and zeolites in order to tap the rising consumer demand. The scope for the sodium silicate production using an innovative bio-based raw material such as rice husk is expected to open new avenues for the industry players.

To request a sample copy or view summary of this report, click the link below: 
http://www.grandviewresearch.com/industry-analysis/north-america-sodium-silicate-market

Further key findings from the report suggest:

·       Detergents was the largest application segment in 2016 and is likely to grow at a CAGR of 4.1% from 2017 to 2025 owing to high demand for sodium silicate for manufacturing industrial and household cleaning products

·       Pulp and paper segment accounted for 12.3% of the overall demand in 2016 on account of wide application scope for the product to manufacture binding corrugated board, angle boards, paper napkins and toilet tissues

·       FDA and EPA have approved the product as safe food additive and drinking water additive for human consumption thereby driving the demand in the region in food & healthcare applications

·       PQ corporation and Oxychem Corporation dominated the industry accounting over 50% of the overall production in the U.S. The presence of manufacturers with high production volume and well established distribution network in the region is expected pose threat to the emerging players

·       The product pricing, quality and product grades are expected to be the key parameters influencing buyer’s decision. As a result, the manufacturers are likely to invest more in R&D to gain higher share

Grand View Research has segmented the North America Sodium Silicate market on the basis of application, and country:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Detergents

·         Catalysts

·         Elastomers

·         Pulp & paper

·         Food & Healthcare

·         Others

Country Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

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

U.S. Specialty Oleochemicals Market Valuation to Reach USD 3.08 Billion by the end of 2025

The U.S.specialty oleochemicals market is expected to reach 3.08 billion by 2025, according to a new report by Grand View Research, Inc. The shift towards relying on natural chemicals coupled with an increase in the growth of end-use industries such as personal care and pharmaceuticals in the U.S. will increase the oleochemical market growth over the next few years.

Growing demand for biopolymers is expected to have a positive impact on specialty oleochemical market penetration and production. Mounting concerns regarding polymer/plastic biodegradability have prompted manufacturers in the market to shift their focus towards development of bio-based alternatives. Oleochemicals derived from plant-derived feedstock such as linseed, castor and soybean oils are used to develop polyamides, which are commonly used in textile and automotive applications.

Specialty esters held the largest share in 2015 and is estimated to reach USD 1.01 billion by 2025. The specialty esters include product categories such as sorbitan esters, glycol esters, lactate esters, isopropyl palmitate, etc. Owing to its feasible chemical characteristics, glycol esters have witnessed increased demand as emulsifier in soap, shampoos, and other personal care consumables.

Glycerol esters, on the other hand, have been gaining momentum on account of their GRAS (generally recognized as safe) recognition awarded by the U.S. FDA. Glycerol derivatives have been finding numerous applications across the food & beverages and pharmaceutical industry. Increasing biodiesel industry has also influenced its market demand wherein it is available at lower price. Crude glycerol can be used as animal feed over corn, as it is cheaply available.

To request a sample copy or view summary of this report, click the link below: 
http://www.grandviewresearch.com/industry-analysis/us-specialty-oleochemicals-market

Further key findings from the report suggest:

·       The U.S. speciality oleochemical derivatives demand was 1,097 kilo tons in 2015 and is anticipated to grow at a CAGR of 4.5% over the forecast period

·       The alkoxylates product market accounted for over 14% of the total revenue in 2015

·       Fatty amines market volume was estimated to be over 135 kilo tons and is estimated to grow at a CAGR of 4.2% from 2016 to 2025

·       The specialty oleochemical market in personal care & cosmetics application is estimated to witness the highest growth at a CAGR of over 5% from 2016 to 2025

·       Major oleochemical derivatives used in food processing include glycerol esters, alcohol ethoxylates, sucrose esters, and sulfates and is anticipated to reach over 14% of total volume by 2025

·       Industrial segment estimated as the leading application segment and accounted for 21.2% of the total volume in 2015

·       Healthcare and pharmaceutical application is anticipated to reach USD 229 million by 2025

·       The key players in the U.S. specialty oleochemicals derivatives market include Vantage Specialty Chemicals, Emery Oleochemicals, Evonik, Wilmar, Inolex and Kao Chemicals

Grand View Research has segmented the U.S. specialty oleochemicals market on the basis of product and application:

U.S. Specialty Oleochemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Specialty esters

·         Fatty acid methyl ester

·         Glycerol esters

·         Alkoxylates

·         Fatty amines

·         Others

U.S. Specialty Oleochemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Personal care & cosmetics

·         Consumer goods

·         Food processing

·         Textiles

·         Paints & inks

·         Industrial

·         Healthcare & pharmaceuticals

·         Polymer & Plastic Additives

·         Others

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

Crude Sulfate Turpentine Market Exhibit a Steady 3.5% CAGR through 2025

The global crude sulfate turpentine market size is expected to reach at USD 806.2 million by 2025, according to a new report by Grand View Research, Inc. The market is projected to record a CAGR of 3.5% during the forecast period. Increasing product penetration in the aroma chemicals is anticipated to fuel the business growth. Product demand across varied applications including aroma chemicals, personal care, and home care products is expected to drive the market.

Increasing preference towards bio-based products owing to superior advantages over synthetically-derived products will further augment the demand over the estimated period. Major industry participants are focusing on procuring sustainable feed stock and implementing effective production process. They are shifting towards high bio renewable content products to ensure superior performance across end-use applications. Solvents manufacturer implementing carene as ingredient are targeting chemical processing, paints, adhesives industries to grab more opportunities by replacing chemical compounds like hydrocarbons, cement, and mineral spirits.

Carene is anticipated to be the fastest-growing segment in future owing to wide usage of the product in solvent production. Personal and home care application accounted for over 30% volume share in 2018. Increasing demand for flavors and fragrance with natural products will fuel the segment growth further. Rising product usage as a feedstock to manufacture polymer additives, turpentine oil, pine oil, and pinenes is also likely to contribute to the segment development.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/crude-sulfate-turpentine-market

Further key findings from the study suggest:

·       The global crude sulfate turpentine market is anticipated to reach 220.8 kilotons by 2025 expanding at an estimated CAGR of 2.1% from 2019 to 2025

·       In terms of revenue, carene is projected to ascend at a CAGR of 4% over the forecast period

·       Aroma chemicals application segment led the global market in 2018

·       Asia Pacific is projected to witness the fastest CAGR over the next estimated time period owing to rising preference for naturally extracted products

·       Some of the key companies in this market are DRT, Kraton Corportation, Pine Chemicals Group, and ORGKHIM Biochemical Holding

·       Most of these firms are collaborating with distributors to improve their regional presence and industry share

Grand View Research has segmented the global Crude Sulfate Turpentine derivatives market on the basis of product, application, and region:

Crude Sulfate Turpentine Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Carene

·         Terpineol

·         Camphor

·         Pinane Hydroperoxide

·         Pure Alpha-pinene

·         Beta-pinene

·         Terpene Resins

·         Limonene

Crude Sulfate Turpentine Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Additives

·         Adhesives

·         Solvents

·         Rubber Processing

·         Aroma Chemicals

·         Personal/Home Care Product

Crude Sulfate Turpentine Regional Outlook (Volume, Tons; Revenue, USD Thousand, 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