How Bromine Derivatives Market Will Grow in the Upcoming Year?

9-Jan-2020: The global bromine derivatives market size is projected to reach USD 5.11 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.3% during the forecast period. Increasing installations of flame retardant electronics devices in the automotive sector are providing a fillip to the market. Brazil, Mexico, U.S., China, Saudi Arabia, Russia, and Norway have increased their oil & gas exploration activities. In such activities, calcium bromide (CaBr) and Sodium Bromide (NaBr) are used as drilling fluid for extraction of petroleum products. Therefore, the trend will stoke the growth of the market.

Raw material suppliers, product manufacturers, and end users are the part of value chain of the bromine derivatives market. Major manufacturing players in the bromine derivatives market include Albemarle Corporation, Lanxess, Chemtura Corporation, Israel Chemicals Ltd., Gulf Resources, Perekop Bromine, Albemarle Corporation, Sanofi S.A., and Tata Chemicals. To reduce time and costs involved in supply of materials, manufacturing facilities of raw material manufacturers are located in close proximity to bromine deposits.

Hydrobromic acid and calcium bromide are two key derivatives of bromine. Hydrobromic acid is used in the manufacturing of inorganic products such as zinc, sodium, and potassium bromides. Diatomic molecule of hydrogen bromide is dissolved in aqueous water to prepare the acid.

Calcium bromide is produced by reaction of calcium oxide (CaO), calcium carbonate (CaCo3) with hydrobromic acid. It is used in drilling fluids, photography, and oxidizer for mercury emissions control. Apart from uses in flame retardants and oil & gas, bromine derivative applications also include the use of fumigants in perfumes, heavy brines, and other specialty chemicals.

In depth research report on Bromine Derivatives Market

https://www.grandviewresearch.com/industry-analysis/bromine-and-its-derivatives-market

Further key findings from the report suggest:

·       The global bromine derivatives market volume was estimated at 898.1 kilotons in 2017. It is poised to rise at a CAGR of 3.3% from 2018 to 2025.

·       Tetrabromobisphenol A accounted for the largest market share of more than one fourth of the overall revenue in 2017. It is mainly used as a reactive component in polymer manufacturing

·       Major players have adapted technologies that help in having a flexible production model so that they can benefit from existing infrastructure. Several processes are being developed for the manufacture from green chemical to reduce toxicity of end chemicals

·       Bromine derivatives are majorly available in the form of solids and liquids. They are majorly used in manufacture of flame retardants and drilling fluids

·       Some of the key participants are Albemarle, Lanxess, and Israel Chemicals Ltd.

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

Bromine Derivatives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Brominated Polystyrene

·       Tetrabromobisphenol A

·       Calcium Bromide

·       Sodium Bromide

·       Zinc Bromide

·       Hydrobromic Acid

·       Decabromodiphenyl Ethane (DBDPE)

·       Others

Bromine Derivatives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Flame Retardants

·       Organic Intermediates

·       Oil & gas

·       Biocides

·       PTA Synthesis

·       Others

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https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

About Grand View Research

Grand View Research, Inc. is the 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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Research Department Explosive (RDX) Market Hit USD 14.5 Billion by 2030: Grand View Research, Inc.

10-October-2019: The research department explosive market size in North America and Europe is expected to reach USD 14.5 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 2.8% over the forecast period. The market is anticipated to be driven by proliferating defense spending and growing military activities in upcoming years.

Increasing demand for mining industry across the U.S. will fuel the product growth across North America. Rising construction and infrastructure development activities across Europe is another factor driving industry growth. The military industry across these regions is also expected to witness a significant growth over the next few years on account of growing security concerns.

Pyrotechnics is one of the key application segments in North America. It contributed around 15% of overall demand in 2016. These are highly effective irritant devices, which eject small loads of irritant submunitions from a single projective.

North America and Europe Research Department Explosive (RDX) market participants are adopting various strategic initiatives such as expansion of product portfolio, new product development as well as mergers & acquisitions. Companies are spending extensively on R&D activities in order to develop innovative products to aid defense forces and cater to ever-increasing product demand.

Increasing demand for rare earth metals and minerals is expected to grow over the next few years. Usage of RDX in mining industry coupled with Increasing demand for rare earth metals and minerals is expected to assist the market growth over the forecast period.

 In depth research report on Research Department Explosive (RDX) Market

https://www.grandviewresearch.com/industry-analysis/research-department-explosive-rdx-market

Further key findings from the report suggest:

·       The North America and Europe Research Department Explosive (RDX) market is anticipated to reach 2.2 million tons by 2030, at a CAGR of 2.5% from 2019 to 2030

·       Military application in North America is projected to ascend at a CAGR of 2.9% over the forecast period

·       Civilian application accounted for a market share of around 30% in 2018 in Europe

·       The U.S. RDX demand is anticipated to exceed 990 kilo tons by 2030

·       North America is projected to witness a remarkable growth rate of 2.8% over the forecast period, owing to the rising supply and demand of various fireworks such as recreational fireworks, powder-actuated nail guns

·       Some of the key companies present in the market are Eurenco, Chemring Nobel, Prva Iskra- Namenska a.d., BAE Systems, Nitro Chem S.A., Austin Powder Company, EPC Groupe, LSB Industries Inc., Ensign Bickford Company, Dyno Nobel

Grand View Research has segmented the Research Department Explosive Market report on the basis of application and region:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2030)

·       Military

·       Melt cast & pressed explosives

·       Cast PBX

·       Pyrotechnics

·       Others

·       Civilian

·       Fireworks

·       Demolition blocks

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

About Grand View Research

Grand View Research, Inc. is the 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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Flow Chemistry Market Size Hit $2.39 Billion By 2025 | CAGR: 10.0%

15-July-2019: The global flow chemistry market size is projected to be valued at USD 2.39 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 10.0% during the forecast period. Lower operating costs of the technology coupled with eco-friendliness is projected to boost the growth.

Substantial reduction in waste generation along with elimination of non-renewable production methods are priorities from a global environment standpoint. Major economies are therefore introducing regulations with a view to minimize the damage to the environment. Numerous governments are introducing measures to achieve the targets set by the Paris Agreement under the United Nations Framework Convention on Climate Changes (UNFCCC), specifically to mitigate the emission of greenhouse gases.

Continuous Stirred Tank (CST) and Plug Flow (PF) are the most commonly adopted reactors in the flow chemistry market. CST reactor systems require limited human intervention to function thereby incurring low labor costs associated with its adoption. Additionally, both reactor technologies have a high output rate, resulting in low production costs.

Increasing adoption of microreactors in specialty chemical, fine chemical, and pharmaceutical manufacturing sectors has contributed substantially to controlling environment damage along with saving manufacturing costs. In the bulk chemicals manufacturing industry, microreactors are used to manufacture styrene, formaldehyde, Ethylene Oxide (EO), and Vinyl Acetate Monomer (VAM) among others.

Pharmaceutical industry is expected to witness maximum growth over the forecast period owing to the ease of continuous separation and crystallization technique offered by flow chemistry technology. Growing need for production cost control coupled with increasing competition in the Active Pharmaceutical Ingredients (API) manufacturing industry is projected to contribute significantly to the demand over the forecast period.

In depth research report on Flow Chemistry Market

https://www.grandviewresearch.com/industry-analysis/flow-chemistry-market

Further key findings from the report suggest:

·       Academia and research application held a market share of 12.45% in 2018 owing to growing use of renewable technologies for manufacturing along with affordable cost of flow chemistry

·       Asia Pacific is expected to witness the highest CAGR of 11.3% owing to growing adoption of affordable, energy saving, renewable technologies along with substantial investment from petrochemical industry

·       Microreactor is expected to register an astounding CAGR of 21.0% over the forecast period, due to the demand from pharmaceutical manufacturers owing to better selectivity, affordable production costs, and low waste generation by the product

·       Notable players operating in the flow chemistry market include Am Technology, CEM Corp., Biotage AB, Syrris Ltd, and Vapourtec Ltd. among others. Companies are strategizing to enhance their geographic presence by making in-roads in Asia Pacific, which is expected to have substantial potential.

Grand View Research has segmented the global flow chemistry market on the basis of application, reactor type, and region:

Flow Chemistry Application Outlook (Revenue, USD Billion, 2015 - 2025)

·       Pharmaceuticals

·       Chemicals

·       Academia & Research

·       Petrochemicals

·       Others

Flow Chemistry ReactorTypeOutlook (Revenue, USD Billion, 2015 - 2025)

·       CSTR

·       Plug Flow Reactor

·       Microreactor

·       Microwave Systems

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Hexane Market Hit USD 2.36 billion by 2024: Grand View Research, Inc.

19-December-2018: According to a report published by Grand View Research, Inc.; the hexane market is expected to reach a valuation of around USD 2.36 billion by 2024.

Increasing use of the product in prominent end-use industries like rubber and petrochemical is expected to propel the market during the forecast period (2013 to 2024).

Growing oil extraction industry is the major driving factor for the market over the forecast period. The product is used as a special purpose solvent and as an oil extraction in several industries including leather, textiles, and leather. Since, it offers excellent performance due to properties like low water solubility, transparency, and easy mixability with ether, alcohol, and chloroform. In addition, its capabilities to remove unwanted taste, color preservation, and other unwanted food properties are expected to boost the market in the coming years. The product is extensively utilized in pharmaceutical and healthcare industry as a liquid in the production of tablet molds with low-temperature thermometer. This is projected to propel the market growth in the coming years. It is increasingly being used in the healthcare and pharmaceutical industry for use as a liquid in the manufacturing of tablet molds along with low-temperature thermometer and is anticipated to propel market growth.

Worldwide hexane market can be segmented on the basis of grade, application, and region.

Based on grade, the market can be bifurcated into polymerization, extraction, and others.

In 2015, extraction segment conquered the market and reported for for over half of the overall. The segment is expanding at a substantial rate due to increasing demand from food and extraction industries.

The polymerization segment is likely to display significant growth due increasing demand in end-use industries such as waste water treatment, tea-leaf processing, pre-metal treatment chemicals, soaps and detergents, among the others.

As per application, the market can be split into edible oil extractant, adhesive formulation, industrial solvent, leather treatment, and others.

In 2015, the edible oil treatment and industrial solvents were the major segments together accounted for over 70% of the total volume.

The edible oil extractant was the largest segment and estimated for over 35% of the overall volume in 2015. The product is extensively used as oil extractant for seed crops. Growing awareness among the consumers about the use of refined oil is expected to boost the segment. The oil can be extracted from several seed crops such as peanuts, cottonseed, rape seed, mustard seed, soybeans, flax, and corn germ, and safflower seed. 

The industrial solvent is projected to expand at a CAGR of 3.0% during 2016 to 2024. The product has high demand as a solvent in industries such as textile, printing, footwear, and furniture.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Central and South America, and Middle East & Africa.

In 2015, Asia Pacific estimated for the largest market and is expected to exhibit fastest growth during the forecast period due to increasing demand from extraction application. Factors such as rapid urbanization and industrialization along with growing healthcare facilities is likely to fuel regional growth specially in emerging countries such as India, china, and countries in Southeast Asia.

IN 2015, Europe was the second largest markets in terms of production. Steady growth of rubber and adhesive industries are likely to drive the regional market. Increasing demand in leather and footwear especially from Turkey and Italy is projected to boost the product demand in this region. The region is positively recovering from the recent economic slowdown. However, Brexit is likely to slow down the economic growth in the short run.

North America has been growing reasonable rate due to decline in industrial production and being a mature industry. Major manufacturers are increasingly shifting their manufacturing plants to Asia Pacific dur to availability of skilled labor at relative low cost and abundant land.

Prominent companies operating in the market include Datta Hydro-Chem Pvt. Ltd.; Beijing Yanshan Jilian Petrochemical Co.; Liaoyang Yufeng Chemical; ExxonMobil Chemical; and Shell Chemicals.

In-Depth Research Report On Hexane Market:

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

High Demand for Catalysts in Chemicals and Oil Industries can Propel the Catalyst Market

10-December-2018: According to a report published by Grand View Research, Inc.; catalyst market is expected to reach a valuation of around USD 34.3 billion by 2024.

High demand for catalysts in chemicals and oil and gas industries due to its usage in improving reaction time and reducing lead time can propel the market over the forecast period (2013 to 2025).

Increasing demand for the catalytic reforming process in the downstream oil and gas industries to improve yield of light cut oils such as high-speed diesel, gasoline, and superior kerosene oil is expected to increase the product demand in the coming years. In addition, increasing investments for producing petroleum derivatives through syngas is also expected to promote the use of the product in the years to come.

Increasing utilization of amine catalyst to produce polyurethane foam for improving the rate of reaction between polyurethane and polyols is projected to create positive outlook for the market. In addition, growing demand for polyurethane (PU) foams is likely to drive the product demand over the forecast period. The development of biocatalysts as a result of high R&D investments in the healthcare sector is likely to create more avenues in the market during the forecast period.

However, instable raw material prices, specifically zeolite and precious metals due to their increasing demand in other applications such as chemicals, construction, and automotive may lead to inadequate supply of material to manufacturers. This is expected to hinder the market growth.

Worldwide catalyst market can be segmented on the basis of raw material, product, application, and region.

Based on raw material, the market can be classified into zeolites, metals, and chemical compounds.

In terms of revenue, the zeolites segment is likely to expand at a CAGR of 4.9% from 2016 to 2024 due to its better adjustable acidity and high porosity. Increasing demand for fluid catalytic cracking (FCC) to convert high molecular weight hydrocarbons into light cuts like diesel and gasoline in the U.S. is likely to boost the segment during the forecast period.

On the basis of product, the market can be classified into heterogeneous and homogenous. In 2015, Heterogeneous segment estimated for 73.6% of total volume. The homogeneous segment is anticipated to grow swiftly at a CAGR of 4.4% from 2016 to 2024.

As per application, the market can be bifurcated into petroleum refining, chemical synthesis, polymer, and environmental.

The environmental segment is expected to grow at a CAGR of 4.4% during 2016 to 2024 due to growing use of the product in environmental remediation processes.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Rise in implementation of strict regulations such as National Ambient Air Quality Standards (NAAQS) in the U.S. is likely to encourage the use of the product as an environmental protection material.

In 2015, Asia Pacific accounted for the largest market share of 34.0% of overall volume. The region is likely to grow at a CAGR of 5.3% during 2016 to 2024. Development of emerging countries such as China and India as a manufacturing destination for chemicals and petroleum derivatives due to supportive government policies and availability of low cost labors can drive the market in this region. Rise in pharmaceutical ingredients (API) manufacturers in China is also expected to increase the usage of the product in the coming years.

Middle East and Africa is likely to expand at a CAGR of 4.9% during 2016 to 2024. This growth can be attributed to expansion of refining volumes in the Middle East, mainly in countries such as Qatar, Oman, and Saudi Arabia. Favorable government policies and escalating demand for petrochemicals are encouraging the refining projects in this region.

In 2015, Latin America market was reported at USD 1.53 billion. In 2015, Columbia-based company called Ecopetrol declared its plan about expansion of refining capacity at its Barrancabermeja plant. This expansion is expected to complete by the end of 2018. This is likely to create more opportunities in this region.

Prominent companies operating in the market include Johnson Matthey, DuPont, Evonik Industries AG, BASF, and Albemarle Corporation.

In-Depth Research Report On Catalyst Market:

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

The Allantoin Enables a Keratolytic and Moisturizing Effect on Human Skin

29-November-2018: According to a report published by Grand View Research, Inc.; the allantoin market is expected to reach a valuation of around USD 641.7 million by 2022.

Increasing product in the production of preventive healthcare products due to its moisturizing, soothing, and anti-irritant properties can drive the market during the forecast period (2012 to 2022).

The allantoin enables a keratolytic and moisturizing effect on human skin, which helps to remove the dead skin cells, and improve the water content in skin. These beneficial properties are anticipated to drive its demand in cosmetics and personal care products. Additionally, increasing usage in the manufacturing of oral care products such as mouthwashes and toothpaste is also likely to create positive outlook for the market.

Worldwide allantoin market can be segmented on the basis of application and region.

As per application, the market can be segmented into oral hygiene, cosmetic, pharmaceutical, and other.

In 2016, the pharmaceutical segment estimated for over 31% share of total volume. The segment is expected to show rapid growth during the study period due to increasing use of the product in the manufacturing of wound healing lotions and creams due to its cell proliferation properties. These products are used for treating several skin diseases including eczema and psoriasis.

In 2016, cosmetic segment reported for over 32.8% market share. The segment is expected to grow with estimated CAGR of 6.2% during the forecast period on account of increasing product demand in the manufacturing of bath products, creams, gels, sun care lotions, and face care, hand care, and hair care products.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and The Middle East & Africa.

The product constitutes high demand as a plant growth regulator particularly in the established regions like North America and Europe. This is anticipated to create opportunities in the market.

Europe is likely to expand at projected CAGR of 5.6% during the forecast period. This growth can be associated with increasing demand for cosmetics and presence of established cosmetics and pharmaceutical manufacturers in this region. Additionally, high living standard of the citizens along with increasing demand for anti-aging products among female consumers is expected to support the growth in this region.

North America is expected to show significant growth. The U.S. is projected to grow at CAGR of 5.9% during the forecast period due to existence of several top pharmaceutical and cosmetics companies in the country.

Latin America is anticipated to grow at a CAGR of 6.4% during the forecast period due to growing foreign investments in the industries including personal care and pharmaceuticals.

In 2016, Asia Pacific estimated for the largest revenue share of 31.9% of total size. Rapidly growing cosmetics in this region owing to increasing economic condition and changing lifestyle can support the market growth in the coming years.

Key companies operating in the market include Ashland Inc.; Huanghua Suntime Chemical Industry Co. Ltd.; Allan Chemical Corporation; Akema Fine Chemicals; and EMD Performance Materials Corporation.

The manufacturers in the market are likely to make high investments in R&D to increase the application scope for the product in pharmaceutical and personal care applications. The market is extensively pooled with established market participants, which has lead to high competition in the market. The industry is mainly dominated by established companies. The new entry in the market is likely to remain restricted due to requirement of high initial and operating cost. The market has a few numbers of participants who are concentrating on R&D activities to develop efficient and application specific product to meet continuously changing consumers demand. The players are increasingly focusing on improving their production capacity and technologies to improve production. Rising use of the product in cosmetic and pharmaceutical applications has forced major companies to surge their glyoxylic acid production volumes across the world, which is a crucial raw material for manufacturing the chemicals. Moreover, major companies in the market have integrated across the value chain by venturing into raw material manufacturing and distribution channel for reducing operative costs.

In-Depth Research Report On Allantoin Market:

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