Bentonite Market Will hit at a CAGR of 5.8% from 2015 to 2025

Future Market Insights (FMI), delivers key insights on the bentonite market in its latest report titled, “Bentonite Market: Global Industry Analysis and Opportunity Assessment 2015–2025”. According to the report, revenue from the global bentonite market is projected to expand at a healthy CAGR of 5.8% during the forecast period. Bentonite is a highly colloidal clay mineral which contains a various minerals such as feldspar, quartz, gypsum and calcite. Properties such as water swelling, absorption, hydration and viscosity broaden the application scope of bentonite across a wide range of industries, such as food and pharmaceuticals. It finds its use in the manufacture of detergents, paints pharmaceuticals, cosmetics, polishes, dyes, animal feed and paper. For instance, it is used as a binding agent in the production of iron ore pellets and finds application in foundries. Also, based on application or use of finished product the mechanical and chemical properties of bentonite can be modified through various combinations and additions of raw materials.

Versatility of this material is driving increasing adoption in various industries, including automobiles, construction and chemicals. Technological advancements in bentonite production and increasing demand through exports are major underlying factors anticipated to fuel growth of the Asia Pacific bentonite market between 2015 and 2025. This is forecast to offer bentonite manufacturers, distributors and product converters unprecedented opportunities in the market. Furthermore, the trend is even more pronounced in emerging economies of the world (Brazil, India, Russia and China). Healthy trade relations and government support in these regions has served to boost bentonite export-import activities.

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Demand for bentonite is highest in North America — the region accounting for 36.3% share of the global market in 2014. North America is expected to remain the most lucrative market for bentonite throughout the forecast period. India is projected to play an important role in this market owing to low labour and operational costs. Owing to the growth in the oil industry, especially in Asia Pacific and Middle East, the drilling fluid- and clarification agent- application segments are expected to exhibit high growth rates of over 6% during the forecast period.

Some of the major driving factors identified in the global bentonite market include rapid growth of the construction sector in emerging markets and Use of bentonite in treating and filtering water is also driving the growth of the market. In addition, government support to SMEs in this region is forecast to further boost growth of the market. However, stiff competition on account of substitute products and shrinking profit margin can impede the growth of the market. Increasing application of bentonite in landscaping and landfill as a geosynthetics clay liner (GCL) are the key trends in the market.

On the basis of product type, the global bentonite market is segmented into calcium, sodium, and others. Key end-use application segments include sealant, binder, clarification agent, drilling fluid, and absorbent/adsorbent. Oil, food, construction, foundry, and pharmaceuticals are the key end-use industries for the bentonite market. North America is the largest market for bentonite, while Asia Pacific is the fastest growing.The report analyses the global bentonite market in terms of value (US$ Mn) and volume (‘000 tonnes) by region, product type, end-use application and end-use industries, and provides insightful information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.

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Key market participants covered in the report include Black Hills Bentonite, LLC, Halliburton Co., Kemira OYJ, Charles B Chrystal Co. Inc., Mineral Technologies Inc., Clariant AG, Alfa Aesar, Kutch Minerals, Kunimine Industries Co. Ltd., Ashapura Group of Companies and Wyo- Ben Inc.

Germany Acid Proof Lining Market Expected to Witness Steady Growth

The need for protecting industrial surfaces exposed to corrosive chemicals will continue to influence the demand for acid proof lining in Germany. In 2016, the acid proof lining market in Germany is expected to reach market value of US$ 4,296.2 Mn, at a y-o-y growth of 5.1% over 2015. The rising incidences of industrial equipment damages owing to the mechanical abrasion is also anticipated to drive the demand for acid proof linings in Germany.

The industrial use of acid proof lining in coating the floor tiles of various manufacturing units is expected to fuel the growth of Germany’s acid proof lining market. The rising necessity of providing durable solutions to industrial infrastructure is observed as a key driver for the growth of the Germany acid proof lining market. Furthermore, the mounting private equity investments will continue to boost the growth of the Germany acid proof lining market. However, the high costs of veneering industrial surfaces will be a major challenge hampering the demand for expensive yet highly-durable acid proof lining types such as carbon brick coating.

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On the basis of material-type, the acid proof lining market in Germany will witness the fastest growth in the thermoplastics lining segment. In 2015, the thermoplastics lining segment is estimated to have accounted for over 25% of total market share in Germany’s acid proof lining market. By the end of 2016, the share of thermoplastics lining segment is expected to grow at a substantial rate, closing in on the ceramic brick lining market share, which accounted for 34.8% in 2015.

germany acid proof lining market revenue share

The acid proof lining market in Germany is further segmented on the basis of end-use industries. Owing to the pervasive need of acid proof lining for protection against chemical abrasion, the chemical industries in Germany are expected to dominate the end-user segment with 29.3% market share in 2016. The water treatment facilities and power generation plants in Germany are also anticipated to fuel the demand for durable acid proof lining.

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In order to expand the scope of application, the market for acid proof lining in Germany is undergoing reforms that favour manufacturers. Small acid proof lining manufacturers will continue to emerge, owing to the low entry barriers. The leading companies in Germany’s acid proof lining market will expand their business operations to meet the surging adoption levels of acid proof linings from end-use industrial verticals such as metallurgy, pharmaceuticals, and automotive manufacturing. The key players of the Germany acid proof lining market include AGRU Kunststofftechnik GmbH, Steuler-Kch GmbH, SKO Säureschutz und Kunststoffbau GmbH, GBT-BÜCOLIT GmbH, Christen & Laudon GmbH Kunststoff – Apparatebau, A-SPT Protective Solutions GmbH & Co. KG, Knapper Oberflächentechnik GmbH, Nittel GmbH & Co. KG, , Hurner-Funken GmbH and Simona AG, among others.

Long-term Outlook: The Germany acid proof lining market is projected to register a CAGR of 5.9% during the forecast period 2016-2026. In terms of value, the acid proof lining market in Germany will reach US$ 7.605.3 Mn by end of the forecast period.

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Graphite Market: Refractories Segment is Anticipated to Dominate the Market

Global sales of graphite is estimated to be valued at US$ 14,690 Mn by the end of 2016, witnessing a Y-o-Y growth of 9.0% over 2015. Asia Pacific excluding Japan (APEJ) will continue to remain a key region, with its revenue share of the global market expected to be 35.5% in 2016.

Demand for lithium-ion batteries in electric vehicles and other electronic devices is expected to significantly drive growth of the graphite market in 2016 and beyond. Rising energy demand across the globe is driving installation of various novel energy production sources such as nuclear pebble bed reactors. Graphite is used an electrode in such reactors.

On the basis of product type, synthetic graphite segment will continue to find favour among end-use industries. This is mainly attributed to its high demand and relatively high cost as compared to natural graphite. Slowdown of mining activities in China is anticipated to drastically lower production of natural graphite. This in turn is expected is expected to drive demand for synthetic graphite in the long run. Vein graphite sub-segment is anticipated to expand at a CAGR of 6.3% in terms of volume over the forecast period. Vein graphite is available in Sri Lanka and increasing mining in this country is expected to witness significant growth of this sub-segment during the forecast period.

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On the basis of application, refractories segment is anticipated to dominate the market in terms of value and volume. This segment is expected to account for 42.2% volume share in 2015. Batteries segment is anticipated to witness robust growth in terms of value and volume over the forecast period. In terms of volume, the batteries segment was pegged at 134,400 tonnes in 2015.

North America and Western Europe are estimated to collectively account for 22% value share in the global graphite market by the end of 2016. The commencement of gigafactory of Tesla Motors Inc. in 2017 for production of electric cars is in turn expected to significantly increase demand for graphite. In 2015, China was the largest producer of graphite, accounting for over 70% share of global production.

global graphite market size

Key players in the global graphite market include SGL Carbon SE, Showa Denko K.K., AMG Advanced Metallurgical Group N.V., Graphite India Limited, Toyo Tanso Co., Ltd., SEC Carbon Ltd., Tokai Carbon Co., Ltd., HEG Ltd., GrafTech International Limited.

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Long-term Outlook: The long-term outlook on the global graphite market remains positive, with market value expected to increase at a CAGR of 11.1% during the forecast period. Among product types, synthetic graphite segment is expected to expand at a significant CAGR in terms of value over the forecast period. Among applications, batteries segment is anticipated to witness highest CAGR in terms of value over the forecast period.

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Non-Halogenated Flame Retardants Market worth US$ 4.5 Bn by 2025

Future Market Insights (FMI) delivers key insights on the global non-halogenated flame retardants market in its latest report titled “Non-Halogenated Flame Retardants (NHFR) Market: Global Industry Analysis and Opportunity Assessment 2015-2025”.

In terms of value, the global non-halogenated flame retardants market is projected to expand at a CAGR of 6.4% during the forecast period.

NHFR are flame retardant compounds that do not contain any halogen. These are more environment friendly than their halogenated counterparts. These compounds find application in plastics, rubber, and textiles materials. Among these, they find largest application in plastics.

Growing use of plastics in the construction industry, driven by rising urbanisation is propelling demand for NHFR worldwide. NHFR are widely used in automotive plastics, which significantly increases its demand from the transportation and automobile industry across the globe.

Rising concerns regarding the environmental impact of halogenated flame retardants is fuelling growth of the non-halogenated flame retardants market. Non-halogenated flame retardants can be recycled and also produce relatively low and non-toxic smoke as compared to its other counterparts.

Implementation of stringent environmental regulations across the globe is encouraging adoption of non-halogenated flame retardants, especially in the electrical & electronics industry, which is expected to be the fastest growing segment in the market over the forecast period.

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Non-halogenated Flame Retardants Market Segmentation

The global non-halogenated flame retardants market is segmented on the basis of product type, end-use industry, application and region.

On the basis of product type, the global NHFR market is segmented into metal hydroxide based, phosphorous based, nitrogen based and others product segments.

Among product types, the phosphorous based segment accounted for the largest value share in the global non-halogenated flame retardants market in 2014, followed by the metal oxide based and nitrogen-based segments respectively. The phosphorous-based segment is projected to remain the largest segment throughout the forecast period, creating an incremental $ opportunity of US$ 1,117.2 Mn between 2015 and 2025.

On the basis of end-use industry, the market is segmented into electrical and electronics, automotive, building and construction and others.

Building & construction industry accounted for the largest end-use industry segment in 2014, followed by electrical & electronics and automotive & transportation segments respectively. However, electrical & electronics is projected to emerge as the largest end-use industry segment by the end of the forecast period. The electrical & electronics segment is expected to create incremental $ opportunity of US$ 699.7 Mn between 2015 and 2025.

Application-wise, the NHFR market is segmented into polyolefin (PO), epoxy, unsaturated polyester (UPE), rubber, polyvinyl chloride (PVC), polyurethane (PU), styrenics, engineering thermoplastics (ETP) and others.

The report also offers in-depth information about the market across seven major regions, namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa and Japan.

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In 2014, North America accounted for the largest market value share in the global NHFR market, followed by Western Europe and APEJ respectively. Developed regions namely, North America, Western Europe and Japan collectively accounted for approximately three-fourth value share of the overall market in 2014. APEJ is expected to emerge as the fastest growing market for non-halogenated flame retardants over the forecast period.

Non-halogenated Flame Retardants Market: Leading Companies

The key players in the non-halogenated flame retardants market that have been covered in this study are Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered Material, Amfine Chemical Corporation and THOR Group Ltd. accounted for the largest market share in the global non-halogenated flame retardant market by the end of financial year 2014–2015.

Valuation of Low Density Polyethylene (LDPE) Market to reach 32.3 Million Tonnes by 2025

Future Market Insights (FMI) delivers key insights on the global Low Density Polyethylene (LDPE) market in its upcoming report titled “Low Density Polyethylene (LDPE) Market: Global Industry Analysis and Opportunity Assessment 2015–2025”.The global low density polyethylene market is projected to expand at a healthy CAGR of 5.6% in terms of value during the forecast period due to various factors, regarding which FMI offers vital insights in detail in this report.

Low Density Polyethylene (LDPE) is the most common form of polyethylene manufactured from monomer ethylene. This thermoplastic finds applications in film & sheets, extrusion coatings, injection mouldings and other applications. The products of LDPE are extensively utilized in various industries such as construction, automotive, packaging and others.

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Demand for LDPE is primarily driven by widening span of various end-use applications and products. Macro-economic factors including developing retail sector, urbanization, growing prominence of recyclable products and rapid commercialization in developing economies are further driving growth of the global LDPE market.

As of 2014, Asia Pacific excluding Japan (APEJ) accounted for around 27.8% market share by value, followed by North America, Western Europe and other regions. APEJ region is expected to witness significant growth and gain market share during the forecast period. Revenue from developed economies are collectively expected to expand at a CAGR of 3.4% during the forecast period. China is expected to emerge as the single largest market in terms of value, surpassing the U.S. by end of the forecast period.

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In 2014, the film & sheets application was the largest segment in the global low density polyethylene market, followed by the extrusion coating and injection moulding segments. The film & sheets application segment is projected to remain the largest segment throughout the forecast period, creating an incremental $ opportunity of US$ 16,080.7 Mn between 2015 and 2025.

In 2014, tubular reactor was the largest technology segment in the global low density polyethylene market. The autoclave segment is expected to create an incremental $ opportunity of US$ 5,793.3 Mn for low density polyethylene producers over the forecast period.

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Some key players in the low density polyethylene market that have been covered in this study include LyondellBasell Industries N.V., ExxonMobil Corporation, The Dow Chemical Company, Saudi Basic Industries Corporation (SABIC), BASF-YPC Company Limited, LG Chem Ltd., E.I. du Pont de Nemours and Company, Braskem S.A., Formosa Plastics Corporation and Qatar Petrochemical Company.

Impact of Existing and Emerging Inorganic Salts Market – Trends And Forecast

Inorganic salts are a broad category of numerous salts such as oxides, halides, carbonates, sulfates, acetates, chlorides, fluorides, hypochlorites, nitrates, phosphates, silicates and sulfides among others. The physical and chemical properties as well as uses of each of these classes of inorganic salts differ from each other. Every class of these inorganic salts can be further differentiated on the basis of the attached functional group, for instance, carbonates can be attached with calcium, magnesium or potassium, to yield, calcium carbonate, magnesium carbonate or potassium carbonate respectively. Inorganic salts are a part of the human body too. They are essential in maintaining several metabolic processes, conducting nerve impulses and are components of bones.

Global Inorganic Salts Market: Drivers and Restraints

Inorganic salts find use across several industries. The growth of fertilizers and agrochemicals industry is one of the major drivers for the market of inorganic salts. The use of calcium salts, ammonium phosphate, nitrates, zinc salts and others to enhance the soil nutrient content are the primary factors propelling the growth of inorganic salts market. In addition to this, the growing rubber industry is driving the growth of zinc oxide market which is a key ingredient for vulcanization of rubber. Magnesium oxide is an important inorganic salt. It finds application in pharmaceutical industry as an antacid, in cement production as Epsom salts and as an important component in paper manufacturing. The growth of pharmaceutical industry and building & construction industry are other drivers for the market of inorganic salts. However, the toxic nature of some of the inorganic salts, for example, alkyl halides, such as chloroform and chloro flouro carbons are restraining the market of inorganic salts. Research in biotechnology is opening new avenues for inorganic salts. Inorganic salts are used as reagents in modern biotechnological devices such as HPLC (High Pressure Liquid Chromatography). This is expected to open new areas of opportunity for the market of inorganic salts.

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Global Inorganic Salts Market: Segmentation

Inorganic salts have several end user industries. Zinc oxide is used in rubber processing, paints and chemicals, ceramics, agriculture and pharmaceutical industries. Additionally, it is used in small quantities in animal feed, as catalyst, as sulfur adsorbent and as fire retardant. Phosphates find use in the fertilizer industry. Carbonates are used extensively in the construction industry. Silicates find use in glass manufacturing. Sulfides are used in healthcare industry and in optometry devices. Some forms of sulfides such as selenium sulfides are used in anti-dandruff formulations too.

On the basis of product type, the global market of inorganic salts is segmented as below:

  • Sodium salts
  • Potassium salts
  • Calcium salts
  • Ammonium salts
  • Magnesium salts
  • Others (Lithium, Barium and Aluminium)

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Depending on the End-Use Industries, the global market of inorganic salts is segmented into:

  • Agriculture
  • Pharmaceuticals
  • Food
  • Explosives
  • Others (paper and Pulp, Construction and Biotech Industries)

Global Inorganic Salts Market: Regional Outlook

Countries such as Brazil, Argentina, China and the India are the major consumers of inorganic salts. The use of inorganic salts in fertilizers is wide spread in these countries. China consumes inorganic salts for the building & construction industry and for rubber processing industry. Additionally, the Indian sub-continent is a major market for the production of generic drugs. The use of inorganic salts for medicines is widespread in these countries. China and some countries in EU make extensive use of acetate inorganic salts. They are used to produce fashion apparel, dress linings, home furnishings and upholstery. Countries in the Middle East and U.S make use of sulfates for chemical processing. Inorganic salts have numerous applications and are used extensively across the globe.

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Global Inorganic Salts Market: Market Players

The key players in this market include- MerckMillipore, Sigma Aldrich, Otsuka Chemical Co Ltd, Loba Chemie, Fisher Scientific, Lenntech, Arkema SA,Bann Química, Behn Meyer, Chemtura Corporation, Solutia Incorporated, Emerald Performance Materials, Eastman Chemicals Co and Lanxess AG among others.

Leak Detection Dyes Market Analysis, Trends, Forecast, 2016-2026

Leak detection dyes are the fluids used to detect leaks in the refrigerant system, transmission, fuel and coolant circulation lines of vehicles. The leak detection dyes are capable of detecting minute, elusive leaks in these lines, which is otherwise difficult to trace, by the conventional methods for leak detection. The most commonly used dyes for detecting these leaks are UV dyes, the dye is injected to the lines to checked and circulated the UV dyes accumulates in each minute leaks and is then detected using a UV light. As per the EU regulations each HVAC systems needs to be checked for leaks in order to avoid the release of refrigerants containing greenhouse gases causing potential threat to the environment. Leak detection using dye injection being easy and effective method for leak detections in automotive and HVAC lines, it is widely adopted in these applications. Globally, the market for leak detection dyes market will register a considerable CAGR by the end of forecast period.

The global leak detection dyes market is primarily driven by the demand for efficient leak detecting techniques in HVAC industries and automotive services, as it can be used for detecting very minute leaks, which is otherwise hard to detect, by naked eyes or other conventional methods like nitrogen purging, soap bubble tests among others. This in turn saves the time and labor for rework, which in turn saves the operation costs. Other than the aforementioned advantages, it also complies with the SAE standards for leak detections and fulfills the EU regulations for the yearly leak detection checks to be done in the HVAC systems. However, there are some drawbacks for using the leak detection; for instance, the detection of leaks using the dyes does not give instant result the process is time consuming as it takes time for the dyes to accumulate in the leaks among others. These might pose as a restraint to the global leak detection dyes market.

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The global leak detection dyes market is segmented based on types, applications and region. Based on the types of leak detection dyes, the leak detection dyes market is segmented into oil soluble leak detection dyes and water-soluble leak detection dyes. Based on the applications the leak detection dyes market is segmented into automotive, HVAC and other industrial applications.

Based on the geographic regions, global leak detection dyes market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned regions, the adoption of leak detection dyes in the Western European market is more due to the strict EU regulations in the region for which mandates compulsory leak detection in HVAC systems once in a year, this makes the preference for leak detection dyes in the region among the HVAC service companies. North American market for the leak detection dyes is followed by the Western Europe market. Growth in automotive industries and construction activities in the Asia-Pacific, MEA regions will also foster growth for global leak detection dyes market by the end of forecast period.

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Some of the major players identified in the global leak detection dyes market includes, W.W. Grainger, Inc., Chromatech Incorporated, Highside Chemicals, Inc., Tracer Products, Abbey Color, Spectroline and Anderson Manufacturing Co., Inc among others.