Thursday, 2 July 2020

Fatty Acid Market Growth Factors, Regional Analysis, Applications, & Manufacturers and Forecasts

The global fatty acids Market size was estimated to be worth USD 31.1 billion in 2018 and is expected to reach USD 45.8 billion by 2026 growing at CAGR 5.2% according to a new report published by Polaris Market Research. The report “Fatty Acid Market Share, Size, Trends, Industry Analysis Report By Product Type (Saturated, Monounsaturated, Polyunsaturated, and Trans Fats), By Application (Dietary Supplements, Food & Beverage, Animal Feed, Cosmetics, Lubricants, and Others), By Regions, Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.
Fatty acids are carboxylic group-carbon compounds identified by its long aliphatic chain. It is characterized by presence of large number of derivatives. The global market has got its healthy outlook thanks to healthcare and food and beverage industry. Fatty acids are also used up in forming other chemical compound chains and used in different applications with renewable raw materials to thank for.


Fatty acids are derived from different vegetable-based oils such as coconuts, tallow, palm kernel, sunflower and soybean. The concentration of fatty acids varies from raw material to raw material. For instance, coconut oil has higher content of lauric acid and palm kernel oil is rich in stearic and palmitic acid.

The global fatty acid market is expected to draw high growth on account of rising geriatric population and a high demand from soap and detergent industry.  Fatty acids have a wide application spectrum such as detergents, varnishes, textile chemicals, paints, insecticides, rubber compounding and synthetic rubber formulations.

Food and beverage is the most visited application segment for fatty acids. An increasing disposable income and major area of spending belonging to food and bakery products in both developed and developing nations has helped growth of food industry. This has led to growth in fatty acids. Healthcare products have also lured consumer sentiments causing increased presence of fatty acids in dietary supplements.

Omega-3 and Omega-6 based dietary supplements are known to lower risk of chronic diseases and constitute population’s major intake of dietary supplements. A fast-growing urban population in emerging economies and growing attraction of personal care products driving a healthy demand, results in increased consumption of fatty acids in personal care products and toiletries.

A rising government and health agencies drive to augment health and nutrition among lower economic strata of individuals has been pushing growth of dietary supplements and indirectly helping growth of fatty acid market in forward direction.


Asia Pacific is the largest regional market for fatty acids. Indonesia, Malaysia, Philippines and India are major nations contributing to growth of fatty acids market. India and China are among major consumers of fatty acids. North America and Europe is a notch down in leadership for fatty acids.

The global fatty acids market is strongly competitive and vertical integration comes into play. The key players include BASF SE, Eastman Chemical Corporation, Ashland Inc., Vantage Oleochemicals, Godrej Industries, Oleon, Akzo Nobel and Arizona Chemicals.

Polaris Market Research has segmented the global fatty acid market report on the basis of type, application and Region
  • Product Type Outlook (Revenue USD Billions 2015 – 2026)
    • Saturated
    • Monounsaturated
    • Polyunsaturated
    • Trans Fats
  • Application Outlook (Revenue USD Billions 2015 – 2026)
    • Dietary
    • Supplements
    • Food and Beverage
    • Animal Feed
    • Cosmetics
    • Lubricants
    • Others
  • Regional Outlook (Revenue USD Billions 2015 – 2026)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. UK
      2. Germany
      3. France
    • Asia Pacific
      1. India
      2. China
      3. Japan
    • Latin America
      1. Mexico
      2. Brazil
    • MEA
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Ethylene Market Overview With Detailed Analysis, Competitive Landscape, Forecast to 2026

The global Ethylene Market size is expected to reach USD 186.5 billion by 2026 according to a new study by Polaris Market Research. The report “Ethylene Market Share, Size, Trends, Industry Analysis Report By Feedstock (Naphtha, Ethane, Propane, Butane); By Application (Polyethylene, Ethylene Oxide, Ethyl Benzene, Ethylene Dichloride); By End-Use (Building & Construction, Automotive, Packaging, Textiles, Agriculture & Agrochemicals); By Region, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Ethylene demand has witnessed robust growth in the recent past and this trend is expected to continue from 2019 to 2026. growth of hospitality construction is expected to benefit the demand for ethylene derived products over the forecast period. However, the ongoing projects and their completion dates are likely to extend due to the recent Corona Pandemic. In the recent past, in order to help the hospitality sector bounce back to normalcy, governments across the globe had intervened in the past and it is expected that they will do the same to help recover the industry post pandemic.


Global ethylene operating rates remained stable during the year 2017 and 2018 and decreased slightly in 2019. This was mostly due to the limited capacity additions as compared to the demand. Project delays, cancellations in post pandemic world order is bound to be a reality which is likely to influence the feed availability, and further tightening of supply.

The rate of proposed capacity additions is much higher than the anticipated demand. This is likely to result in decrease of the operating rates and a possibility where the market is flooded with the product. Therefore, as compared to historical operating rates, the estimated operating rates of ethylene plants is bound to be considerably lower.

There has been witnessed somewhat dilution of the relation between the market growth linked to the GDP elasticity in the past few years. The relationship has become less straightforward due to the increasing influence of sectors such as service and technology on the GDP as compared to manufacturing. Strong focus on issues such as sustainability and recycling has also affected demand for ethylene for producing various plastic products.



Derivatives demand growth slowed due to the ongoing tensions between two major economies of the globe, namely the U.S. and China. Furthermore, the huge impact of the recent pandemic on the economies of countries across the globe will also contribute to further lower the demand for derivatives.  The feedstock prices witnessed huge volatility in 2019 due to a host of reasons such as sanctions on Iran, attack on Saudi Arabia’s oil complexes, International Maritime Organization (IMO) fuel regulation set to be implemented in 2020, among others.

There had been rising preference for MTO and CTO technologies for ethylene production in the past as Naphtha and Ethane prices were considerably high. However, declining oil prices combined with decreasing feedstock prices has prompted manufacturers to move away from these technologies. Environmental scrutiny of these technologies combined with their low effectiveness were also the reasons for this shift.

Companies such as ExxonMobil Corporation., Dow Dupont, Royal Dutch Shell plc, Saudi Basic Industries Corporation (SABIC), Total S.A., AkzoNobel, China Petroleum & Chemical Corporation, Huntsman Corporation., LyondellBasell Industries., Clariant are some of the key players operating in the market.



Polaris Market research has segmented the Ethylene Market report on the basis of feedstock, application, end-use and region
Ethylene Feedstock Outlook (Volume, Million Metric Ton, Revenue, USD Billion, 2015 – 2026)
  • Naphtha
  • Ethane
  • Propane
  • Butane
  • Others
Ethylene Application Outlook (Volume, Million Metric Ton, Revenue, USD Billion, 2015 – 2026)
  • Polyethylene
  • Ethylene Oxide
  • Ethyl Benzene
  • Ethylene Dichloride
  • Others
Ethylene End-Use Outlook (Volume, Million Metric Ton, Revenue, USD Billion, 2015 – 2026)
  • Building & Construction
  • Automotive
  • Packaging
  • Textiles
  • Agriculture & Agrochemicals
  • Others


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Epoxy Resins Market Growth Factors, Regional Analysis, Applications, & Manufacturers and Forecasts

According to a new study Published Report “The global Epoxy Resin Market size is expected to reach USD 11.28 billion by 2026 according to a new study by Polaris Market Research. The report “Epoxy Resin Market Share, Size, Trends, Industry Analysis Report By Raw Material (DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, Hardener); By Application (Paints & Coatings, Wind Turbine, Composites, Construction, Electrical & Electronics, Adhesives, and Others); By Regions, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth. 

Epoxy resins are significant raw materials to various end-use chemical compounds where each significant molecule is attributed a unique opportunity to convert to a useful thermosetting product. The major end-user industries for epoxy resins include electronics and paints and coatings followed by adhesives, composites, wind turbines and others.


Epoxy resins find extensive use in powder coatings applied to automotive and appliances parts, in solvent-dipped coatings applied to substrates in corrosive environment and water-based coatings as electrodepositing primers in automobiles.

Epoxy resins possess favorable properties such as high thermal stability, mechanical strength, resistivity, adhesion, electrical, mechanical and heat resistance that makes it ideal choice for use in laminates, jewelry and insulators.

Epoxy coatings are widely known for their use in manufacture of Printed Circuit Boards (PCB’s). The rapid conglomeration and urbanization of the world has led to development of the electronics industry with manufacture and design of such electronic products leading to growth of epoxy resins.
Furthermore, expansion in construction industry and complete makeover of older structures to newer structures with feature-rich coatings gaining attraction, epoxy resin has successfully revamped the paints and coatings industry.

Technological advancements in this market has been a vital factor with bio based type making use of natural sources. Restraints to epoxy resin market include constantly changing market price of raw materials, threat of substitutes and adverse health signs related to epoxy resins such as Bisphenol A (BPA).

Asia pacific market is likely to grow at a fast clip with China having been witness to rapid splurge of paints and coatings and hence the largest coatings production country in the world. Furthermore China has added facilities in the past decade essaying sharp growth.


For these reasons let out, and growth in ASEAN countries and India and China have made Asia Pacific a marked region.. North American markets are concerned over leaching and advocates lower leaches per level. Western Europe has high demand in epoxy coatings for its role in marine and maintenance coatings.

The key players in epoxy resins coating market include Dow DuPont, BASF SE, 3M, Huntsman Corporation, Aditya Birla Chemicals, and Sika AG. Huntsman Corporation, Aditya Birla Chemicals, Covestro and Hexion. Huntsman, Olin and Hexion are potentially strong western producers of epoxy resins with interest in North America and European Market.

Polaris Market Research has segmented the global epoxy resin market report on the basis of formulation type, application, and Region:

  • Formulation Type Outlook (Revenue USD Millions, 2015 – 2026)
    1. DGBEA
    2. DGBEF
    3. Novolac
    4. Aliphatic
    5. Glycidylamine
    6. Others
  • Application Outlook (Revenue USD Millions, 2015 – 2026)
    1. Paints and Coatings
    2. Adhesives
    3. Composites
    4. Electrical and Electronics
    5. Wind Turbines
    6. Others
  • Regional Outlook (Revenue USD Millions, 2015 – 2026)
  • North America
    1. U.S.
    2. Canada
  • Europe
    1. UK
    2. France
    3. Germany
  • Asia Pacific
    1. India
    2. China
    3. Japan
  • Latin America
    1. Mexico
    2. Brazil
  • MEA

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Electronic & Consumer Goods Plastics Market Regional Analysis Focus On Business Economy With Innovative Growth Forecast 2020 To 2026

The Electronics & Consumer Goods Plastics market is anticipated to reach over USD 59.9 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the household appliances segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Electronic & Consumer Goods Plastics market revenue during the forecast period.

A significant increase in disposable income, changing lifestyles, and initiatives by market players to offer innovative products in the market drive the growth of Electronic & Consumer Goods Plastics market.  Other driving factors include growing middle class population, and increasing penetration of e-commerce platforms. Increasing demand from developing nations, and technological advancements is expected provide numerous growth opportunities to the market players during the forecast period. There has been a shift towards e-commerce and consumers are increasingly purchasing electronic & consumer goods through online platforms, which increases the demand for plastics.


Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for Electronic & Consumer Goods Plastics market. Factors such as increase in per capita income and changes in consumer behavior are expected to accelerate the adoption of Electronic & Consumer Goods Plastics in the coming years.

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global Electronic & Consumer Goods Plastics market throughout the forecast period. The increasing population in the region coupled with growing disposable income drives the market growth. The improving living standards in countries such as China, Japan, and India further supports market growth.


The major players in Electronic & Consumer Goods Plastics market include BASF SE, The Dow Chemical Company, Celanese Corporation, Trinseo S.A., Formosa Plastics Group, Covestro AG, E. I. du Pont de Nemours and Company, Chevron Phillips Chemical, Mitsubishi Chemical Holdings Corporation, and Solvay S.A among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


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Wednesday, 1 July 2020

Polymer Gel Market Opportunity, Demand, Recent trends, Major Driving Factors and Business Growth Strategies 2026


The new report “Polymer Gel Market was valued at USD 5,244 million in 2017 and is Size Worth USD 8,836 Million By 2026; and is anticipated to grow at a CAGR of 6.1% during the forecast period. according to a new market research report by Polaris market research.
The Global Polymer Gel Market In 2017, the personal care segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global polymer gel market [By Material Type (Natural, Synthetic, Hybrid); By Composition (Polyacrylamide, Polyacrylate, Silicone modified hydrogels (Si-H), Others); By Application (Personal Care, Agriculture, Construction, Healthcare, Others); By Region]: Market Size & Forecast, 2017 – 2026”
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The use of polymer gel in wide applications such as personal care, healthcare, agriculture, pharmaceutical, and construction among others majorly drives the growth of this market. Growing awareness regarding personal care and increasing disposable income, especially in developing regions boost the growth of the. The consumers are increasingly using products such as contact lenses, cosmetics, and personal care products, thereby augmenting the growth of polymer gel market. Technological advancements and increasing applications in pharmaceuticals and healthcare sectors would provide growth opportunities in the future. New emerging markets, emerging consumer demographics, and technological advancements would provide growth opportunities for polymer gel market in the coming years.
Asia-pacific is expected to lead the global polymer gel market during the forecast period. A significant rise in the infant and geriatric population has been registered over the past few years, boosting the growth of polymer gel market. Increasing awareness personal care and hygiene, and rising disposable incomes in developing countries of this region augment the market growth in the region. Increasing application of polymer gel in healthcare and pharmaceutical also supports growth in this region. Use of polymer gel in agriculture, construction, and waste treatment further increases the demand of polymer gel in Asia-Pacific. Polymer gels are increasingly being used in manufacturing robotic actuators and artificial muscles. The increasing need of automation in manufacturing and other industries in the region drive the growth of robotics, thereby strengthening the market of polymer gel. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.
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The personal care segment is expected to lead the market during the forecast period owing to wide applications in the industry. Polymer gel is used in diapers and female hygiene products owing to their high absorbing properties. Polymer gel is also used in cosmetics and contact lenses. Increasing   disposable income and rising awareness regarding personal hygiene boosts the growth of the market.
The well-known companies profiled in the report include LG Chemicals Ltd., Chemtex Specialty Limited, BASF Corporation, Evonik Industries, FIMA Group Ltd, Nippon Shokubai Co., Ltd., SDP Global Co., Ltd., Sumitomo Seika Chemicals Co., Ltd, Ma’s Group Inc., and Dow Chemicals among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Key Segments:
Polymer Gel Market Size and Forecast, 2017-2026 by Material Type
·         Key Findings
·         Natural
·         Synthetic
·         Hybrid
Polymer Gel Market Size and Forecast, 2017-2026 by Composition
·         Key Findings
·         Polyacrylamide
·         Polyacrylate
·         Silicone modified hydrogels (Si-H)
·         Others
Polymer Gel Market Size and Forecast, 2017-2026 by Application
·         Key Findings
·         Personal Care
·         Agriculture
·         Construction
·         Healthcare
·         Others
Polymer Gel Market Size and Forecast, 2017-2026 by Region
·         North America [U.S., Canada]
·         Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]
·         Asia-Pacific [China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]
·         Latin America [ Brazil, Mexico, Argentina, Rest of Latin America]
·         Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]
For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.polarismarketresearch.com/industry-analysis/polymer-gel-market/speak-to-analyst
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
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Email: sales@polarismarketresearch.com
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Personal Protective Equipment Market Analysis, Segments, Major Geographies and Current Market Forecasts 2026

According to a new study published by Polaris Market Research the global personal protective equipment (PPE) market is anticipated to reach USD 81.35 billion by 2026. The market growth is propelled majorly by the increasing concerns of employers over the safety of its employees. Employers are highly responsible for offering a healthy and safe workplace to their workers. Employees working at industrial sites are prone to different forms for hazards, they are likely to come across sharp objects, flying sparks, unbearable loud noise, falling objects, and chemicals that could cause them serious injuries.

Companies especially those belonging to industrial, manufacturing, and construction sectors have realized that it is better to take precautions and prevent any lethal damage to any of their workers. Many regulatory bodies have laid guidelines to promote the safety and health of workforce. For instance, Occupational Safety and Health Administration (OSHA) in the U.S. is responsible for formulating standards that are aimed to encourage a safe and healthy environment for employees. 


OSHA has set requirements for the use of PPE such as 29 CFR 1910.135 (Head protection); 29 CFR 1910.137 (Electrical protective equipment); 29 CFR1910.136 (Foot protection), and29 CFR 1910.138 (Hand protection), among others. OSHA together with few other agencies such as National Institute for Occupational Safety and Health (NIOSH), and National Fire Protection Association (NFPA), among others standardizes guidelines for work environment.

PPE finds application in various industries including oil & gas, petrochemicals, transportation, food& beverages, power & energy, construction, and healthcare, among others. Among these industries, construction industry is experiencing highest application, and is among one of the largest end-use industry that is driving the market. The industry is flourishing in Asia Pacific region, primarily due to the presence of developing nations that are heavily investing in their infrastructural facilities.

  
Key Findings from the study suggest that the largest share of the market in 2017 was of the North American region. Moreover, the market is segmented on the basis of products and end use. On the basis of product, the market can be segmented into eye protection, hand protection, head protection, hearing protection, fall protection, protective clothing, professional footwear, and respiratory protection, among other. Professional footwear is anticipated to foresee highest growth, owing to their wide range of application across various industries. These footwears are largely utilized for protection from sharp edge objects, and helps avoid direct contact from any hazardous chemicals.

Major players operating in the market includes companies such as MSA Safety Inc., Ansell Ltd., 3M Company, Alpha Pro. Tech Ltd., Rock Fall Ltd.,JSP Ltd., Oftenrich Holdings Co. Ltd, JAL Group, COFRA Holding AG, Golden Chang, Avon Rubber p. i. c., Rahman Group, and Honeywell International Inc., among others.
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Specialty Polyamides Market Growth and Analysis by 2020-2026 with Profiling Players

The global Specialty Polyamides Market is anticipated to reach USD 3.60 billion by 2026 according to a new study published by Polaris Market Research.

Specialty polyamides are among the emerging product categories of the well-established and mature polyamide market. Increasing demand from its end-use industries has resulted in increasing production of these products and it is expected to increase further in the near future. In the near future, more and more specialty polyamide resins based on several polyamides are anticipated to form an integrated part of several individual technological solutions. These are tough, hard and rigid materials that have high impact abrasion and resistance to wear and tear makes it suitable for its application in the manufacturing of construction materials. The major companies in the industry space such as EMS-Chemie AG, BASF SE and DuPont mainly focus on their operational activities in a specific field not only, as before, on large-tonnage customers.


The industry participants’ current operational strategies include their attention towards manufacturing new assortments mainly for the smaller enterprises that are in need for highly specialized products which were previously not accessible to them. These types of companies were normally served by smaller polyamide suppliers. Manufacture and addition of specialty polyamides for specific industrial application are not enough to bring success to the Specialty Polyamides Market. This is due to the fact that high quality products should be accompanies by broad extensive technical support given to the customers by the manufacturers.
  
Engineering plastics is one of the leading application segments of Specialty Polyamides Market. PA66 and PA6 are the most demanded polyamide resins in the present industry scenario. Its major producers of PA6 include DSM Engineering Plastics BV, BASF SE and Lanxess AG. PA66 is manufactured mainly by Solvay, DuPont and BASF SE. Automotive industry has been the major consumers of polymer resins compared to the others, with its yearly demand increasing at a significant rate. Electronics/electrical brunch are anticipated to be a yet another rapidly growing segment for the upcoming period. Application of specialty polyamide films dominates in the consumption pattern of the packaging segment that is used as components of multilayer packaging materials.


Asia Pacific region has the highest number of polyamide producers mainly in China. In the past 25 years, manufacturer number has grown exponentially, which is due to the growth of the country’s manufacturing industry from where the demand for these products comes from. Europe Specialty Polyamides Market is yet another potential industry space for future expansion.

Some of the leading industry participants in the Specialty Polyamides Market include Asahi Kasei Corporation, Ascend Performance Materials LLC, Arkema S.A., DuPont, BASF SE, Formosa Chemicals & Fibre (FCFC), Honeywell International Inc., Grupa Azoty SA, Huntsman Corporation, Invista, Honeywell International Inc., Koch Industries Inc., LANXESS AG, Lealea Group, Li Heng Chemical Fibre Technologies Limited, Nylstar SA, Radici Group, Li Peng Enterprise Co. Ltd., Rhodia SA Royal DSM NV, Shenma Industrial Co. Ltd, Solvay SA, and Ube Industries Ltd.


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