Global Polyethylene Industry - Emerging Markets in Asia-Pacific to Drive Modest Growth, New Report Launched

Moderate Growth in the Global Polyethylene Industry

The global polyethylene market is experiencing a period of slow growth as China and India, which are key drivers of demand in the Asia-Pacific region, are witnessing low Gross Domestic Product (GDP) growth rates due to the slowing of the manufacturing sectors and currency decline. This has had an adverse impact upon polyethylene demand and, with lower than historic GDP growth forecast for China and other developing countries in Asia, lower growth in petrochemical product demand is also expected.

Europe, where demand has increased slightly over the last decade, is expected to perform better in the next five years. The market in the US, where prices for natural gas are lower and investment in the petrochemical industry is rising, is forecast to grow due to higher demand from both its domestic and export markets compared with the trend over the last 10 years.

China and Russia are forecast to be the largest contributors to new capacity over the next five years; both are expected to add more than 3.5 million metric tons per year (mmty) of capacity during this period. India will rank third with more than 2.5 mmty of new capacity likely to come on-stream over the next five years.

Asia-Pacific to Continue to Drive Polyethylene Demand

Although emerging economies in the Asia-Pacific region have slowed over the last two years, polyethylene demand is still forecast to grow at a faster pace than in other regions and so will continue to drive the industry. Polyethylene demand is forecast to increase by 8.23 mmty in Asia-Pacific, a Compound Annual Growth Rate (CAGR) of 4.8% over the next five years. Demand in North America, South America, Europe, and the Middle East and Africa is expected to grow at a CAGR of 2.4%, 3.3%, 2.8% and 3.7%, respectively.

China and Russia to Add the Most Capacity through 2018

China and Russia are expected to add the most capacity over the next five years, accounting for 13.1% and 12.5% of global capacity additions. This capacity will be almost entirely in the form of new plants.

China is expanding its polyethylene capacity, primarily to satisfy demand from its growing population. The country’s per capita plastics consumption is still significantly lower than in the developed world, providing opportunities for further expansion. Russia is expanding its polyethylene capacity in an effort to enhance its position in the petrochemicals sector and reduce its reliance upon imports.

Spanning over 50 pages, “Global Polyethylene Industry - Emerging Markets in Asia-Pacific to Drive Modest Growth” report covering the Global Polyethylene Capacity - Asia-Pacific and the Middle East and Africa to Drive Capacity, Global Polyethylene Industry - Modest Growth Rate Expected Over the Next Five Years, Major Companies Active in the Global Polyethylene Industry, Conclusion, Appendix.

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Global Demand, Capacity and Prices for Polypropylene - End-Use Sectors in Asia-Pacific to Drive Growth, New Report Launched

Demand from Key End-Use Applications Accelerating Polypropylene Industry Growth

Polypropylene’s qualities make it ideal for use in a range of sectors, such as packaging, electrical, household appliances, and automotive. The packaging sector accounts for 30.5% of global polypropylene demand and is driven in turn by demand from developing Chinese and Indian markets. China is the second-largest packaging market in the world and has huge growth potential due to its low per-capita plastic consumption. India is also a lucrative market due to a growing population, low per-capita plastic consumption and industrializing economy.

The electrical sector also accounts for a significant share of demand with 13.6%, followed by equipment and facilities, household appliances, automotive, and construction. Together, they account for 51.1% of global polypropylene demand. Other sectors account for the remaining 18.4%.

China and Russia to Add the Most Capacity in the Next Five Years

China and Russia will be the leading contributors to polypropylene capacity in the future and will account for 45% of global capacity addition over the next five years. A demand-side push is driving capacity addition in China, forcing it to produce more domestic polypropylene, whereas in Russia, the main driver is the desire to diversify export revenue by investing in the petrochemicals sector. Most of Russia’s export revenue currently comes from the petroleum sector.

Venezuela and India will be the third and fourth-largest contributors to capacity over the next five years, and both are investing in the polypropylene sector to cater to the domestic market and replace imports.

Prices are Expected to Increase at a Steady Rate

Polypropylene prices are expected to grow at a steady rate over the next five years. The Middle East will remain the most economical polypropylene-producing region, but North America may surpass Europe as the most expensive place to buy polypropylene due to an ongoing supply shortage of propylene feedstock from ethane-based steam crackers, which produce negligible quantities of propylene.

In South America and Asia-Pacific, the propylene industry is largely naphtha-based and so polypropylene prices in these regions are likely to remain high. They also have healthy demand for polypropylene and so a gradual price increase is likely to take place.

Spanning over 50 pages, “Global Demand, Capacity and Prices for Polypropylene - End-Use Sectors in Asia-Pacific to Drive Growth” report covering the Global Polypropylene Capacity - Growth in the Packaging Sector to Trigger Expansion, Asia-Pacific to Drive Global Polypropylene Demand, Major Companies Active in the Global Polypropylene Industry, Conclusion, Appendix.

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Global Aerogel Market is Expected to Reach $1,896.6 Million 2020, Reveals New Report

"Global Aerogel Market (Raw Material Type, Forms, Applications, Geography) - Industry Analysis, Trends, Share, Opportunities and Forecast, 2013- 2020", the global aerogel market is forecast to reach $1,896.6 million by 2020 from $221.8 million in 2013, registering a CAGR of 36.4% during forecast period (2014 - 2020). North America and Europe collectively will generate near about two-third of the market revenue by 2020. In terms of volume, the market is expected to reach 953.1 million sq ft by 2020, from 105.6 million sq ft in 2013. Though the consumption of aerogel is spread world over, largely evenly, over 85% of the aerogel production facilities are located in North America and Europe.  Aerogel is chiefly referred as a strong insulator, with its better thermal insulation capacity than conventional alternatives. However, due to relatively higher prices, its mass adoption was limited to sophisticated applications in oil & gas industry and aerospace. Nevertheless, due to advent of various cost-efficient aerogel manufacturing techniques, it has now emerged as a better alternative in many applications such as automotive, healthcare, chemicals, electronics, and building insulation. With multitude of favorable drivers such as supporting policies pertaining to green infrastructure in European and Middle Eastern countries, the market is anticipated to have widespread adoption, especially in building insulation segment. In the meantime, the need for efficient and easy to install thermal insulations, higher thermal resistance, thinner & lighter solutions for industry purposes, and reusability has been other primary factors elucidate the market growth.

Silica, carbon, and alumina have been the prime sources of manufacturing aerogel where others (polymer, chalcogels, and seagels) are scarcely being used. Silica aerogel is projected to be the most promising segment, mainly due to efficient insulation properties and lightweight solutions. Others aerogel segment is anticipated to grow at a CAGR of 52% during the forecast period. The substantial growth of other types is mainly attributed to polymer aerogel, which is emerging as an efficient and cost effective heat insulator.

The aerogel has its application in building insulations, oil & gas, acoustic, aerospace, chemical, electronics, healthcare, automotive thermal management and others. The others segment includes applications in agriculture, cryogenics, apparels and power generation. Oil & gas segment leads the global aerogel application market in both in terms of value and volume through 2020. Acoustic Insulation, building insulations and electronics applications segments are also expected to witness significant growth rate. Various upcoming green infrastructure policies across the world, especially in Europe and Middle East are expected to drive the building insulation market during the analysis period.  Geographically, the market is segmented into North America, Asia-Pacific, Europe, Latin America & Africa, and Middle East. Though North America currently leads the global market, Europe will outperform North America in terms of revenue. The early adoption of aerogel technology in these regions primary drives the market, especially in the fields of aerospace and building insulations. However, due to plenty of scope in Europe for using aerogel in building applications the region is expected to contribute largely to the overall growth of the market. However, Asia Pacific is forecast to be the most lucrative regional market, growing at a CAGR of 37.3% from 2014 to 2020.

The report analyzes top winning strategies of prominent players in the market. The companies profiled in the report includes Aspen Aerogels Inc., American Aerogel Corporation, Cabot Corporation, Dow Corning Corp., Svenska Aerogel AB, BASF SE, Airglass AB, JIOS Aerogel, Active Space Technologies and Acoustiblok UK Ltd.

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Global Propylene Industry - On-Purpose Technologies to Gain Prominence, New Report Launched

Propylene Industry Embracing On-Purpose Technologies to Counter Supply Shortage

On-purpose technologies have risen in importance as the costs of heavy feedstock used in steam crackers and Fluid Catalytic Crackers (FCC) have increased substantially, driven by crude oil price increases. These two sources account for the largest shares of propylene production, but high costs have deterred producers from using heavy feedstocks in steam crackers. In regions where ethane feedstock provides a much cheaper alternative to heavy feedstock for steam crackers, the propylene industry is likely to suffer, as light feedstock produce negligible quantity of propylene. In FCCs, increases in gasoline price drive producers to use chemical grade propylene for octane blending, rather than selling it to be made into polymer-grade propylene.

These difficult operating conditions have encouraged producers to use on-purpose technologies to manufacture propylene as main product, with lower-cost feedstocks. The most popular on-purpose technologies are Propane Dehydrogenation (PDH), Olefin metathesis and Methanol to Olefins/Propylene (MTP). In the Middle East, plants based on these technologies already account for more than one-third of propylene capacity, while in Asia-Pacific, North America and Europe, the number of plants based on these technologies is increasing slowly. According to Publisher forecasts, plants based on on-purpose technologies are forecast to account for 63.1% of capacity expansion globally over the next five years.

Asia-Pacific will Continue to Drive the Global Propylene Industry

China will lead the global propylene industry over the next five years, with the largest consumption and production increases. The largest end-use sector of propylene is polypropylene, which is a commodity plastic used in sectors such as automotive, packaging and electronics. With a rapidly industrializing and urbanizing economy, these sectors have grown at a fast pace in China. The economic growth is expected to continue for the next five years, albeit at a slower pace than in recent years, and propylene demand is also expected to increase.

China will expand its propylene capacity at the fastest pace of any country over the next five years. Despite being the second-largest producer of propylene, it is unable to meet its own rapidly growing domestic demand, forcing the construction of more capacity. China is forecast to account for 68% of the Asian capacity addition and 45% of the global capacity addition over the next five years.

China to Expand Coal Based Propylene Capacity through MTP Plants

The global propylene industry will witness expansion of coal-based propylene capacity with the construction of many MTP plants in China. Globally there are currently only five MTP plants, all of which are situated in China, which use methanol feedstock derived from domestically available coal. Since China has one of the largest coal reserves in the world, producers can readily obtain coal for propylene production. The availability of methanol production units also creates an environment conducive to the use of MTP plants. This has encouraged potential investors to invest in MTP plants and has resulted in many new announcements of planned propylene plants. It is forecast that China will build 13 more MTP plants in the next five years.

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Global Plastic Additives Market is expected to reach $57.8 Billion by 2020, Revels New Report

Plastics additives are the substances that are added in polymer during reaction in the final stage or in the process of polymer/plastic production. These additives help in improving the characteristics of polymers such as strength, shine, durability and heat sensitivity. The global plastic additives market in this report is estimate in terms of revenue and volume. The global plastic additives market was valued for $41.4 billion in 2013 and is expected to generate revenue of $57.8 billion by 2020 at a CAGR of 4.9% during 2013-2020. The global plastic additives market in terms of volume was estimated at 12,619.8 Kilo Tons in 2013 and is expected to reach 17,071.7 Kilo Tons by 2020 growing at a CAGR of 4.4% during 2013-2020. Impacting drivers of plastic additives market such as increase in environmental awareness and intervention by government to promote non-toxic plastic additives is promoting the growth in plastic additives market. However, increase in health concerns due to consumption of Phthalates based plasticizers is forcing the government to harness the regulations for controlling commercialization of such additives. In the United States, the application of phthalates in the manufacturing of toys and other children’s product is banned under the guidance of Consumer Products Safety Improvement Act (CPSIA).

Key companies included in the company profiles are BASF, Chemtura Corporation, Exxon Mobil Corporation, Bayer Ag, Clariant Ltd., Kaneka Corporation, Lanxess Ag, Zeon chemicals, Axel Plastics Research Laboratories, Inc, and DOW Plastic Additives.

Key Market Segments

By Functions

• Property Modifiers
• Property Stabilizers
• Property Extenders
• Processing Aids

By Product Types

• Plasticizers
• Flame Retardants
• Impact Modifiers
• Antioxidants
• Antimicrobials
• UV Stabilizers

By Applications

• Plasticizers applications
• Flame Retardants applications
• Impact Modifiers applications
• Antioxidants applications
• Antimicrobials applications
• UV Stabilizers applications

By Geography

• North America
• Europe
• Asia Pacific
• LAMEA

Key Benefits

• This report provides market scenario of current trends and revenues that are forecast from 2012- 2020
• Market intelligence for key developmental strategies adopted by top companies are explained with impact analysis
• Practical evaluation of key market drivers and restraints for global plastics additives market segments such as applications and technologies are dealt
• Emphasis is laid on key factors affecting the growth of global plastics additives market. These factors are critically analyzed to reveal the most influencing factors
• Patent analysis of recently granted patents are explained according to geographies that give market intelligence of future trend and transitions

Spanning Over 108 pages, 49 tables, 34 figures, “Global Plastics Additives Market (Functions, Product Types, Applications, Geography) - Global Industry Analysis, Size, Growth Trends, Share, Opportunities and Forecast 2012 - 2020” reports covering the Market Overview, Global Plastic Additives Market By Function, 2012-2020, Global Plastic Additives Market By Product Types, 2012-2020, Global Plastic Additives Market By Applications, 2012-2020, Global Plastic Additives Market By Geography, 2012-2020, Company Profiles. The report covered 10 companies - BASF, Chemtura Corporation, Exxon Mobil Corporation, Bayer AG, Clariant Ltd., Kaneka Corp., Axel Plastics Research Laboratories, Inc., Lanxess AG, Zeon Chemicals L.P, DOW Plastic Additives.

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The global bio based succinic acid market is expected to reach market volume of 710.0 kilo tons by 2020 according to new report

The U.S. Department of Energy (USDOE) considers succinic acid as one among the top twelve chemical building blocks. Succinic acid, as a platform chemical, is growing in demand in various applications. However, consumption of petroleum based succinic acid, as an intermediate, in manufacturing various chemicals, is limited due to its volatility of price and carbon footprints. These concerns led to the discovery of biological manufacturing of succinic acid. The bio succinic acid market is forecast to grow at a significant rate over the next seven years. The major drivers for this growth will be volatility in fossil fuel prices, rise in carbon footprints, and an interest in using locally available raw materials. Furthermore, increasing global demand of green chemicals will trigger its adoption in wide range of applications, especially, in bio plastics, making it a strong platform chemical.

Bio succinic acid is primarily being used as a replacement for petrol based succinic acid in few applications such as solvents and lubricants, de-icer solutions, cosmetics, food and pharma. Furthermore, newer application such as 1,4-Butanediol (BDO), PBS, plasticizers and polyesters polyols market will accelerate the future growth of the market. Additionally, higher cost of crude oil, increase in investments for green chemicals, demand for renewable chemicals, and increase in government support will further boost the growth of the market. However, higher price of bio succinic acid and lengthy extraction processes are primarily restraining the market growth for the next few years. The global bio based succinic acid market is expected to reach market volume of 710.0 kilo tons by 2020, growing at a CAGR of 45.6% during 2013-2020.

Various industrial application markets analyzed in the study includes BDO, polyester polyols, PBS, plasticizers, resins, coatings, & pigments, solvents & lubricants, alkyd resins, and de-icer solutions. The resins, coatings, & pigments market generated maximum revenue in the year 2013. However, seven years down the line, BDO is expected to emerge as the largest application segment. This is largely due to higher consumption of bio succinic acid in the production of BDO, as a replacement of maleic anhydride. It is estimated that 1.2 MT of bio succinic acid is needed to replace 1 MT of maleic anhydride.

Among the four geographic markets, namely North America, Europe, Asia Pacific and RoW; Europe was the largest consumer of bio succinic acid in 2013. Stringent regulations in Europe towards carbon footprints have enabled significant application of bio succinic acid in various chemical manufacturing units. However, Asia Pacific will be the fastest growing market with an expected CAGR of 49.5% during 2013 to 2020.

Key Benefits

• The report provides in-depth analysis of the current market scenario and offers expected future trends that would assist stakeholders in taking strategic and actionable decisions
• Quantitative analysis of the current market and estimations through 2013-2020 in terms of volume (Kilo Tons) and value ($Million)
• Analysis of the market factors in various geographic regions and business opportunities presented
• Identification of key investment pockets for various applications, services and geographies
• Identification of key players and their business performance analysis based on strategies followed by them
• Identification of key application segments based on future potential and growth prospects
• Top factors that are expected to affect the growth of the market along with impact analysis of such factors
• Analysis and evaluation of market trends to provide deep-dive intelligence into every market segment
• Competitive analysis to effectively plan and execute business plans

Key Market Segments

• The global bio succinic acid market is segmented on the basis of application and geography.

By Application

• Industrial Application
• 1,4-Butanediol (BDO)
• Polyester Polyols
• PBS
• Plasticizers
• Solvents & lubricants
• Alkyd Resins
• Resins, coatings, pigments
• De-icer solutions
• Food Application
• Pharma Application
• Cosmetics Application
• Others

By Geography

• North America
• Europe
• Asia Pacific
• RoW

Spanning Over 105 pages, 44 tables, 40 figures, “Global Bio Succinic Acid Market (Applications and Geography) - Size, Share, Trends, Analysis, Research, Future Demand, Scope and Forecast, 2013 - 2020” report covering the Global Bio Succinic Acid Market Overview, Global Bio Succinic Acid Market, By Application, Global Bio Succinic Acid Market, By Geography, Company Profile. The report covered 8 companies - BioAmber, Myraint, DSM, Mitsui & Co, Mitsubishi, BASF, Roquette Frerse S.A, Purac and Reverdia.

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Oil and Chemicals Storage Industry Outlook in North America, 2014 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage Terminals, New Report Launched

Oil and Chemicals Storage Industry Outlook in North America, 2014 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage Terminals report is the essential source for industry data and information relating to the oil and chemicals storage industry in North America. It provides asset level information relating to active and planned oil and chemicals storage terminals in North America. The profiles of major companies operating in the oil and chemicals storage industry in North America are included in the report. The latest news and deals relating to the sector are also provided and analyzed.

Scope

• Updated information relating to all active and planned oil and chemicals storage terminals
• Provides historical data from 2005 to 2013, forecast to 2017
• Information on operator and commodity information for all active and planned oil and chemicals storage terminals
• Information on the top companies in the sector including business description, strategic analysis. Key companies covered are Kinder Morgan Energy Partners, L.P., Magellan Midstream Partners, L.P. and NuStar Energy L.P.
• Strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
• Key mergers and acquisitions, partnerships, private equity investments and IPOs.

Reasons to buy

• Obtain the most up to date information available on storage terminals in North America
• Identify growth segments and opportunities in North America's oil storage industry
• Facilitate decision making on the basis of strong historical and forecast capacity data
• Assess your competitor’s oil storage terminal network and its capacity
• Understand and respond to your competitors business structure, strategy and prospects.
• Develop strategies based on the latest operational, financial, and regulatory events.
• Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
• Identify and analyze the strengths and weaknesses of the leading companies in North America.

Spanning Over 168 pages, 111 tables, 1 figure, “Oil and Chemicals Storage Industry Outlook in North America, 2014 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage Terminals” report covering the North America Oil and Chemicals Storage Industry, Profile of Kinder Morgan Energy Partners, L.P., rofile of Magellan Midstream Partners, L.P., Profile of NuStar Energy L.P., Financial Deals Landscape, Recent Developments, Appendix. The report covered 3 companies - Kinder Morgan Energy Partners, L.P., Magellan Midstream Partners, L.P., NuStar Energy L.P.

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