Tuesday, 29 November 2016

Dyes Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research

Dyes are hued substances connected as a watery arrangement on different substrates. These are utilized as colorants as a part of various mechanical applications, for example, nourishment handling, printing inks, wood stain, material preparing, and others. The development of the dyes market pretty much moves in pair with the development of the worldwide economy. Asia-Pacific represented the biggest bit of dyes market.

The high demand is primarily because of the vast middle class population in developing nations, for example, China and India. Alternate components which influence the interest of dyes are buyer spending levels, individuals' way of life, and inclination towards utilization of various colours. The development of colors market totally relies on upon textile industry since it represents the real share of dyes utilization. China and India are the main makers and buyers of dyes.

The major trends seen in this market are the shifting of manufacturing facilities from Europe and U.S. to China, India and Taiwan. A portion of the issues confronted by dyes industry are its worldwide overcapacity, stricter ecological laws, and consistence to reach.
The disperse and the reactive market are the significant types that capture the dyes market. In future, the utilization for these dyes is relied upon to surge for the most part because of the rising interest for reactive dyes in cotton-based fabrics and scatter colors in polyester fabrics. India and China are the main makers and buyers of dyes. Development of the middle class, especially in the Asia Pacific and Africa-Mideast districts, will drive a speeding up in worldwide spending that will advantage imperative color and natural shade markets, for example, materials and textile items

Rising consumer spending will drive expanded interest for natural colorants in materials and plastics, while solid development in worldwide development action will help growth in paints and coatings. In spite of the healthy development, considerably quicker advances will be restricted by a control in worldwide vehicle generation and moderate development in printing inks because of the difficulties confronting the print media industry.

The development of dyes keeps on relying upon the execution of end user ventures like paints, materials, printing inks, paper, plastics and foodstuffs. The changing client inclinations, blast and development of base in specific parts of the world makes new market open doors for the dyes business. To accomplish worldwide standards the business needs to place endeavors in basic territories in order to embrace forceful development and spotlight on fares, R&D, comarketing organizations together, up-degree of assembling office, contract fabricating with organizations having built up business sectors, recognizable proof of regions of center capability, combination, coordinated effort by group advancement, outsourcing, ecological cognizance, cost decrease and so on. The business is liable to see numerous new dye advancements coming into the business sector with the assistance of good specialized aptitude and R&D accomplishments.

Dyes can be divided into the following such as reactive dye, disperse dye, sulfur dye, VAT dye, corrosive dye, direct dye, basic dye and others. Reactive dyes contain class of high hued natural substances that discover essential application for tinting of materials. These dyes are utilized as a part of paint, materials, articles of clothing and other industry divisions. Scatter colors are fundamentally water insoluble sort of colors. The developing interest for scatter colors in the material strands market for shading applications is relied upon to drive the worldwide scatter colors market in the following couple of years. Sulfur colors are high sub-atomic weight exacerbates that are acquired from the response of sulfur or sulfides with phenols and amines. Acid color is a color which is a salt of a sulfuric, carboxylic or phenolic natural corrosive.

Asia Pacific represented the biggest share of the dyes market, followed by  Europe and North America in 2014. China, India, Brazil, and Indonesia are prone to assume a generous part in boosting utilization of dyes in the following couple of years. India and Indonesia are bit by bit leading the pack in assembling dyes because of accessibility of crude materials and in addition different natural middle of the road chemicals. Nations in ASEAN, for example, Indonesia, Vietnam, and Singapore are relied upon to rise markets inferable from improvement of key end-clients, for example, paints and coatings and nourishment preparing. Besides, development in these nations is relied upon to be supported by movement underway of colors from created locales, for example, Europe and North America

The major key players in the dyes market are kronos Worldwide Inc.,basf se, Haining Tongyuan Chemical Factory, Rockwood Holdings, Inc., Lanxess ,Tokai Carbon Co., Atlanta Ag, Sun Chemical Corp., Huntsman Corporation,, Lanxess, E.I. DuPont de Nemours and Co.


About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Monday, 28 November 2016

Injection Molded Plastic Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research

The global injection molded plastic market was valued at around USD 199.9 billion in 2015. It is expected to grow at a CAGR of approximately 5% during the forecast period (2016 - 2024). It will reach USD 296 billion by 2024. The growth of this market can be attributed to its growing demand in medical devices, home appliances, automotive, packaging, and electrical & electronic end-uses.

The molding process involves injecting molten plastic into molded products and solidifying them. The growth of this industry can be accredited to properties like heat resistance, pressure resistance, minimum wastage, and low labor cost.


Prices of volatile crude oil, benzene, ethylene, propylene, and styrene can challenge market growth in the coming eight years. To overcome such challenges, the industry is trying to manufacture molded plastic using biodegradable products. The injection molded plastic market is segmented into applications, raw materials, and geographies.
Applications include automotive, building & construction, consumables & electronics, packaging, medical, and others. Packaging was the leading application with a net demand surpassing 30,000 kilo tons in 2014.

The injection molded plastic holds an immense potential in medical and automotive segments. Biocompatible, cost efficient and optical clarity method of production can drive this segment till 2024.

Raw materials comprise acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), Polypropylene, Polystyrene, and others. Polypropylene accounted to over 35% of the total market demand in 2014. High demand for injection molded polypropylene in packaging, automotive, and household goods is likely to impel market growth in the coming years.

Geographies encompass North America, Central & South America (CSA), Asia Pacific, Europe, and the Middle East & Africa. Asia Pacific dominated the market holding over 37% of total volume in 2014. Rise in the demand of the plastics in the automobile industry in this region is likely to drive the market growth in this region. Increasing construction in India, China, and Indonesia will augment market growth in the region.

Major global injection molded plastic industry players are BASF, DuPont, Dow Chemical Company, and LyondellBassell. Early 2016, LyondellBassell started a new Polypropylene grade called Purell grade RP315M and Purel HP548N for healthcare applications like syringe plungers, pill strips, and others. These products increase the cycle time and production of cast film.


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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Monday, 21 November 2016

Automotive Coatings Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research

The global automotive coatings market is anticipated to surpass USD 28 billion by 2024. The rising demands for coatings on account of its ability to protect vehicles against acid rain, harsh weather, and UV radiation are projected to propel market growth. Increasing consumption of UV-cured coatings due to their properties such as high chemical resistance, solvent-free formulations, and low-temperature processing is expected to boost the product demands. However, fluctuating raw material prices are likely to pose a challenge for market growth. The global market is categorized as technologies, products, applications, end-uses, and regions.

The technology sector includes waterborne, solvent-borne, powder coatings, UV-cured. The solvent-borne sector led the industry in the past few years. However, it is likely to drop its share drastically since it releases high levels of Hazardous Air Pollutants (HAP) and Volatile Organic Compounds (VOCs). Powder coatings are said to have the fastest growth due to their various properties like superior finish, high corrosion resistance, etc. Waterborne coatings are also likely to experience huge growth on account of their properties such as heat resistance, adhesion etc.


The product sector of the automotive coatings market comprises electrocoat, primer, clearcoat, and basecoat. The basecoat sector led the market and is projected to have significant growth during the forecast period (from 2016 to 2024). Electrocoats are likely to drive the market since they are anti-corrosion and anti-rust agents. The demands for clearcoat are estimated to grow as it provides protection against sun and UV rays.
Application-wise, the metal sector dominated the industry and it is further expected to witness huge growth in the near future. Plastic coatings are projected to be the fastest-growing application sector due to its increasing usage in automobile manufacturing as it is flexibility, lightweight, corrosion-resistant, durable, cost-effective, and recyclable.
Light vehicle OEM led the end-use sector in 2015 and it is said to experience a considerable growth during the next few years. The automotive refinish sector is likely to have rapid growth on account of growing consumer spending levels in developing economies of the APAC region.
Asia-Pacific was the dominant regional market in 2015. The region is projected to experience rapid growth with a CAGR of over 6 % over the estimated years. Europe is likely to drop its market share in the automotive refinishes sector to APAC due to lesser accident levels in the region. The Middle East & Africa will also have huge growth as a result of rising production facilities in the region.
The key players of the automotive coatings market include Axalta Coating Systems; PPG Industries; Jotun A/S; BASF SE; AkzoNobel N. V.; and Kansai Paint Co. Ltd.


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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Wednesday, 16 November 2016

Acetic Acid Market Share, Size, Analysis, Growth, Industry Trends and Forecasts, 2015 to 2022 | Hexa Research

According to a recent study conducted by Hexa Research, global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015 to 2022. The total global acetic acid demand for PTA was more than 2,450 kilo tons in 2014, which is likely to rise to more than 3,750 kilo tons in 2020.


VAM is utilized in the manufacture of chemicals like EVA and EVAC. There is growing consumption of these chemicals in the solvents and adhesives industry, leading to rising demand for VAM. Demand for acetic acid in VAM was more than 3,500 kilo tons in 2014. This application segment is expected to grow at a CAGR of more than 3.9% from 2015 to 2022. VAM will be increasingly demanded by developing economies like China, India and Brazil, consequently leading to growth of acetic acid market in future.

Hexa Research observed that China led the global acetic acid market in 2012 with a share of more than 39% of volumes. A strong manufacturing base and possible expansion of the same in future will contribute to China retaining its market leadership. Asia Pacific followed China in terms of market share, with key demand emerging from India and Japan. The acetic acid industry in Asia is likely to grow at a CAGR of more than 10% from 2015 to 2022.

Hexa Research identifies Celanese, BP, DuPont, Eastman Chemicals, BASF, Wacker Chemie and Jiangsu Sopo (Group) Co., Ltd., among others, to be the key participants in the global acetic acid market. The industry showcases a fragmented nature with several manufacturers operating at varied levels of capacities.


About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
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Hexa Research
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Tuesday, 8 November 2016

Construction Chemicals Market Size: Industry Trends and Growth, 2016 to 2024

The global construction chemicals market is likely to attain USD 67.61 billion by 2024. It is projected to observe significant gains over the forecast period (2016-2024). The market is driven by rising demand from several end-use industries comprising residential and non-residential & infrastructure. Brisk move towards urbanization along with escalating focus of infrastructure growth in promising economies will stimulate the demand further.

The worldwide construction chemicals market can be segmented by products, end-users, and regions.  Products are concrete admixtures, concrete sealants, concrete adhesives, and protective coatings. Concrete admixtures segment contributed for above 64.7% of the total market volume shares in 2015.



They are extensively used in concrete to improve its physical and chemical properties and are utilized in all types of constructions for instance non-buildings, residential, and non-residential infrastructure. Construction chemicals develop the power of the building structure. It provides superior durability, chemical resistance, and noticeably lowers the water and cement necessity.

End-users in the market encompass residential and non-residential & infrastructure. Non-residential & infrastructure sector accounted more than 60% l revenue shares in 2015. In this sector, construction chemicals find usage in manufacturing and industrial buildings, composition of warehouses, hotels and retail, and office spaces.


Main regional segments in the global construction chemicals market are Asia Pacific, North America Europe, Latin America, and the Middle East & Africa (MEA). Asia Pacific was the leading market for construction chemicals in 2015. It was valued close to 45% in terms of value in the same year. India and China are the chief countries in this region accounting for above 50% of the total revenue.

The worldwide construction industry is gradually recovering post the decline in 2008 and 2009. Several European construction companies achieved substantial shares in 2015. The expansion of the construction chemicals industry is directly linked with the intensification of construction market at the global scale.

Market participants are mounting their customer base through strategies counting exhibitions and new product launches. U.S. based Dow Chemical Company is a key participant in this market. The company manufactures an extensive variety of adhesive and sealant products. Other top most players in the market include FOSROC Chemicals India Private Limited, BASF SE, Pidilite Industries Limited, Dow Chemical Company, W.R. Grace & Company, and Sika AG.

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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
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Hexa Research
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Monday, 7 November 2016

Argan Oil MarketSize, Analysis, Growth, Trends and Forecasts, 2016 to 2024

The global argan oil market is likely to cross USD 1 billion by 2024. Augmenting argan based cosmetic product lines along with escalating medical application base will drive overall industry growth over the forecast period (2016-2024). Growing fondness for health conscious diet amongst populace mainly in emerged markets of Europe and North America is spurring demand for argan oil. This will boost the overall industry growth in the coming years. 

The worldwide argan oil market is segmented by applications and regions. Applications are cosmetics, food, and medical. Cosmetics segment contributed for total shares of over 42% in 2014. This growth could be ascribed to rising application in hair treatment products, skin aging, and environment defense. Key skin and hair care product producers are raising integration of oil in sophisticated cosmetic solutions for skin & hair care.


Product’ demand in food applications is driven by increased consumer inclination towards healthy food regime. Oil functions as a fundamental constituent in foods consumed by people with vitamin & mineral deficiency, heart ailments, and lower metabolism. Worldwide initiatives to eliminate starvation coupled with elevated obesity rates in many emerged nations and are anticipated to impact the product growth in food applications.
In medical applications, argan oil can be used in the treatment of several diseases for instance obesity, acne, cancer, arthritis, and other skin illness. This segment is growing at a productive CAGR over the forecast period.

Main regional segments in the total argan oil market are the Middle East & Africa (MEA), North America, Europe, Asia Pacific, and Central & South Africa. In terms of volume, the Middle East & Africa region led the global market. Further, North America grabbed the second place in terms of volumes and is likely to grow lucratively. It will potentially experience highest CAGR of over 20% during the review period. It is typified by full-grown cosmetics sector shifting towards natural & organic products, high user awareness about health & nutrition, and government schemes to tackle obesity.

Asia Pacific is said to witness significant growth in the near future. It is mainly driven by escalating application in food and medical sectors. Aging populace in China, Japan, and South Korea is expected to boost the demand in this region. Renowned players in the market encompass Biopur, OLVEA, Zineglob, and Nadifi Arga



About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
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Thursday, 3 November 2016

Fumaric Acid Market Analysis, Industry Trends and Forecasts, 2014 to 2020 | Hexa Research

Global fumaric acid market size is anticipated to be valued at USD 764.8 million by 2020, as per a new research report by HexaResearch. Growing processed food demand coupled with RTD (ready-to-drink) beverages consumption is expected to drive market. Energy drink consumption by athletes coupled with innovation in flavors for food & beverages is likely to surge market growth. Fumaric acid used as an intermediate in unsaturated polyester resins (UPR) is set to grow owing to increasing infrastructure spending in countries such as China, India and Brazil. Stringent government regulations to curb carbon emissions are expected to challenge the industry.

Food & beverages dominated the application segment with a market share of 34.3% in 2013. This application is likely to witness significant growth rates with an estimated CAGR of 7.0% up to 2020. Fumaric acid properties such as flavor enhancer, pH controller and micro-organism growth controller favor its demand in food & beverages. UPR application is likely to grow at moderate rates of 5.8% up to 2020. Growth in UPR consumption for automobile production particularly in Asia economies of Indonesia, Thailand, India and China is anticipated to drive the market growth.


Key report insights suggest:

- Global fumaric acid market size was estimated at 233.3 kilo tons in 2013 and is expected to register 346.2 kilo tons by 2020 growing with an estimated CAGR of 5.9% from 2014 to 2020.

- Asia Pacific dominated the regional market with a share of 61.5% in 2013 and is expected grow at higher growth rates up to 2020. Increasing per-capita disposable income and preference of convenience food owing to hectic lifestyle is expected to drive the regional demand.

- North America was the second largest regional market and is likely to witness growth rates estimated at 4.1% from 2014 to 2020. Growing popularity of sports drink particularly in U.S. is expected to drive regional demand. European market is likely to cross USD 80 million by 2020 owing to preference of convenience food consumption.

- Moderately consolidated fumaric acid market consists of MNCs and domestic companies. These companies include Polynt, Prinova, Fuso Chemicals and Bartek Ingredients. Other prominent companies include Dastech International Inc, Thirumalai Chemicals, U.S. Chemicals LLC and Nippon Shokbai.



About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
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