Friday, March 29, 2019

Proppant Market Growth, Trends by Manufacturers, Regions, Type and Demand Analysis Forecast to 2023

Global proppant market is projected to reach $10,562.9 million by 2023. The increasing use of ceramic and resin-coated proppants to enhance the productivity of wells and the growing demand for frac sand for the extraction of petroleum fluids are the key factors driving the market growth.
Proppant is a solid material, primarily sand, which is suspended in water or some other liquid to facilitate the opening of an induced hydraulic fracture.
Of all types, sand material held the largest volume share, of more than 85.0%, in the proppant market in 2017. This can be attributed to its simple manufacturing process and large-scale use in the hydraulic fracturing for shale gas extraction. Besides, the material is widely used in the filtration of oil and the fracking process of liquefied natural gas (LNG).
Based on application, shale gas extraction was the largest application area of the material during the historical period. It held the largest value share, of more than 50.0%, in the proppant market in 2017. This can be attributed to the fact that these materials are widely used for hydraulic fracturing during shale gas extraction. Besides, there has been a significant increase in the production of shale gas in North America for commercial use.
Proppant
Globally, in terms of volume, North America continues to hold the largest share in the proppant market. It contributed more than 70.0% share to the market in 2017. The growth of the market in the region is mainly driven by increased material loading levels and moderate recovery in oil prices.
The key trend witnessed in the proppant market in recent years is the increasing hydraulic fracturing activities in the North American region. With the exploration of new shale gas reserves in the region, there has been an increase in hydraulic fracturing activities.
Some of the key players operating in the global proppant market are Superior Silica Sands LLC, Bagder Mining Corporation, JSC “Borovichi Refractories Plant”, Unimin Corporation, U.S. Silica Holdings Inc., Fores, Preferred Sands, Saint-Gobain Proppants Inc., CARBO Ceramics Inc., and Fairmount Santrol Holdings Inc.
GLOBAL PROPPANT MARKET SEGMENTATION
By Type
Ceramic
Low Density
Medium Density
High Density
Resin Coated
Sand
By Application
Shale Gas
Tight Gas
Coal-Bed Methane
Others (Oil and LNG)
By Region
North America
U.S.
Canada
Europe
Germany
Russia
U.K.
Norway
Rest of Europe
Asia-Pacific (APAC)
China
Thailand
India
Australia
Rest of APAC
Latin America (LATAM)
Brazil
Mexico
Rest of LATAM
Middle East and Africa (MEA)
Saudi Arabia
South Africa
Rest of ME

Wednesday, March 27, 2019

Injection Molded Plastics Market Opportunities, Top Players, Survey, Capital Investment Outlook by 2025

The growing demand from key applications including construction, automotive, and packaging, particularly in the BRICS nations such as Brazil, Russia, India, China, and South Africa, is expected to drive the growth of the injection molded plastics market during the forecast period. There has been a surge in capacity addition in growing economies such as the Middle East and Asia-Pacific in past couple of years. This, along with generating a consistent demand for injection molded plastics, also helps reduce the overall manufacturing cost.
On the basis of raw material, the injection molded plastics market has been segmented into polypropylene, acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), polystyrene and others. Polypropylene is estimated to hold largest share in the injection molded plastics market in 2017, accounting for more than 25%.
The Asia-Pacific region is estimated to hold the largest share in the injection molded plastics market, accounting for more than 30% in 2017. The region is expected to hold the largest share throughout the forecast period owing, to the growing usage injection molded polypropylene, ABS and HDPE in packaging, manufacturing and industrial sectors in countries such as India, China, Indonesia, Japan, and others.
Injection Molded Plastics
Increasing packaging demand from food and beverages industry is expected to remain a major driving factor for the North America’s injection molded plastics market during the forecast period. Increasing demand for processed foods and soft drinks and alcohols are expected to be responsible for food and beverages industry growth over the past few years.
Some of the major players operating in the global injection molded plastics industry are Exxon Mobil Corporation, BASF SE, E.I. du Pont de Nemours & Co., The Dow Chemical Company, Huntsman Corporation, Eastman Chemical Company, INEOS Group Holdings S.A., LyondellBasell Industries Holdings B.V., SABIC, and Magna International Inc.
GLOBAL INJECTION MOLDED PLASTICS MARKET
  • By Raw Material – Polypropylene, Acrylonitrile Butadiene Styrene (ABS), High-Density Polyethylene (HDPE), Polystyrene and Others
  • By Application – Packaging, Consumables & Electronics, Automotive, Construction, Medical and Others
  • By Region – North America, Europe, Asia-Pacific, Central & South America (CSA), and Middle East and Africa (MEA)
GLOBAL INJECTION MOLDED PLASTICS MARKET, BY GEOGRAPHY
North America Injection Molded Plastics Market
  • By Raw Material
  • By Application
  • By Country – U.S.
Europe Injection Molded Plastics Market
  • By Raw Material
  • By Application
  • By Country – Germany, France, and Italy
Asia-Pacific Injection Molded Plastics Market
  • By Raw Material
  • By Application
  • By Country – China, India, and Japan
CSA Injection Molded Plastics Market
  • By Raw Material
  • By Application
  • By Country – Brazil
MEA Injection Molded Plastics Market
  • By Raw Material
  • By Application
  • By Country – Saudi Arabia

Tuesday, March 26, 2019

Control Valves Market Overall Share, Strategies, Emerging Technologies, Growth Rate Analysis, Trends and Forecast to 2023

The scope of the control valves market in the next 5 years (2018–2023) seems rather wide. High energy demand due to growing population, rise in infrastructure projects, and increase in the use of valves by the food and beverages industry are driving the market growth. In 2017, the market was valued at $11,1137.0 million (on the basis of revenue generated at the manufacturer level) and is predicted to reach $16,057.5 million by 2023, demonstrating a CAGR of 6.3% during the forecast period.

A control valve is a physical device used to control the flow of fluid by varying the size of flow passage with help of a controller. The valves are opened or closed with various actuators. The control valves market can be segmented in four ways – by actuation technology, type, application, and geography. Butterfly valve, which is one type of control valve (the others being ball, cryogenic, and globe), contributed more than 30% revenue in the historical period 2013–2017.

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Similarly, actuation technology is further divided into manual control valve, hydraulic control valve, pneumatic control valve, and electronic control valve.  Among all categories of actuation technology, the pneumatic control type was the market leader in 2017 in terms of sales volume, holding 35.0% share. The high consumption of this valve was because of its simple operative method, comparatively lower cost, and a wide range of temperatures at which it is operational. These characteristics will help pneumatic control valves to register increased sales and revenue in the coming years as well.


Control Valves


As mentioned earlier, rise in infrastructure projects, high energy demand, and increase in the use of valves in food and beverage processing are some of the growth factors of the control valves market. Among these, high energy demand due to the growing population is one of the major contributors as it leads to the construction of more power plants. With increasing population, food and beverage consumption will also grow, resulting in increased control valve sales, as these are heavily utilized in manufacturing and processing plants.

To help companies meet this demand, the development of new valves with embedded processors has begun. Previously, control valves being sold had no processors or chips, creating problems in recording, storing, and delivering real-time data. But, with the new technology, the delivery of real-time data for flow rate, unplanned shutdowns, and operating conditions has improved, resulting in the growth of the control valves market. Firms are shifting focus towards these advanced instruments to minimize malfunctioning and maximize their production.

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 This development will provide major players in the control valves market, such as Bürkert Fluid Systems, AVK Holding A/S, Honeywell International Inc., Rotork Plc, and Armstrong International Inc., with umpteen opportunities to launch improved equipment and make profits. For instance, Velan Inc. received a $55 million order in 2017 from Hinkley Point C nuclear power station for its newly-launched safety-related valves.

The scope of the domain is quite wide as it has been growing at a good pace, majorly driven by advancement in technology and increase in the use in power and food and beverages sectors.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

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Tuesday, March 19, 2019

FRP Pipe Market Upcoming Trends, Growth Drivers and Challenges Forecast to 2023

Global fiber reinforced plastic pipe market is expected to reach $3.8 billion by 2023. The growth of the FRP pipe market is mainly driven by the changing preference of consumers from iron pipes to FRP pipes, increase in demand for cost-effective piping solutions, and growing demand for these pipes from the oil and gas industry.
FRP is a composite material which is made of polymer matrix and is reinforced with different fibers like glass, carbon, and basalt. These fibers are used in various industries like aerospace, construction, and automotive.
On the basis of type, the market is categorized into polyester, polyurethane, epoxy, and others. Epoxy is the largest category in the FRP pipe market, due to these pipes being very environment friendly as compared to other materials.
FRP Pipe Market.jpg
On the basis of application, the market is classified into water and wastewater, chemical and industrial, oil and gas, power generation, and others. Chemical and industrial is has been the largest application category in the FRP pipe market, with an estimated contribution of more than 40.0% in 2017.
Globally, Asia-Pacific has been the largest FRP pipe market till now. This is attributed to the increase in construction, and oil and gas activities in the region. Additionally, increasing focus of government to improve sewage treatment facilities in the region is also driving the market growth.
Some of the major players operating in the FRP pipe industry are Saudi Arabian Amiantit Company, Chemical Process Piping Pvt. Ltd., China National Building Material Company Limited, Ershigs Inc., Future Pipes Industries L.L.C., Hengrun Group Co. Ltd., HOBAS, National Oilwell Varco Inc., and Sekisui Chemical Co. Ltd., Sarplast SA.
Global FRP Pipe Market Segmentation
By Type
  • Polyester
  • Polyurethane
  • Epoxy
  • Others
By Process
  • Centrifugal Casting
  • Filament Winding
  • Pultrusion
  • Others
By Application
  • Water and Wastewater
  • Chemical and Industrial
  • Oil and Gas
  • Power Generation
  • Others
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  •  Latin America, Middle East, and Africa (LAMEA)
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Thursday, March 14, 2019

Agricultural Micronutrients Market Share, Growth, Region Wise Analysis of Top Players, Application, Drivers by 2023

The Agricultural micronutrients market is projected to reach $9,009.2 million by 2023. The market growth is driven by the fact that growing global population will continue to boost the demand for cereals and grains, thereby boosting the demand for micronutrients used for the promoting the growth of the crops.
On the basis of crop type, the agricultural micronutrients market is categorized into cereals and grains, fruits and vegetables, oilseeds and pulses, and others (sugarcane, cotton, coconut, rubber, and tea and coffee). In 2017, cereals and grains were the largest category in the market.
On the basis of type, the agricultural micronutrients market is categorized into zinc, iron, boron, molybdenum, manganese, and others (copper, nickel, and chlorine). Of these, zinc micronutrients contributed the largest revenue to the market in 2017, accounting for more than 25.0% share.                          agricultural micronutrients market
APAC accounted for the largest revenue share in terms of value in the agricultural micronutrients market, accounting for more than 55.0% in 2017. The high demand for the product is driven by increasing demand for processed and non-processed food, which in turn, is boosting the adoption of micronutrients used in growing different types of crops.
The agricultural micronutrients market is characterized by presence of large number of multinational corporations as majority of the major players operating in the market are present in more than three countries. 
FMC Corporation, Akzo Nobel N.V., Yara International ASA, BASF SE, Sinochem Group, and SAPEC SA were the leading players in 2017. Companies such as FMC Corporation and Akzo Nobel N.V. have wide range of agricultural micronutrients products.
Some of the other major players operating in the global agricultural micronutrients market are The Mosaic Company, Coromandel International Limited, Chambal Fertilisers and Chemicals Limited, and Haifa Group.
GLOBAL AGRICULTURAL MICRONUTRIENTS MARKET SEGMENTATION
By Type
  • Zinc
  • Iron
  • Boron
  • Molybdenum
  • Manganese
  • Others
By Form Factor
  • Ethylenediaminetetraacetic Acid (EDTA)
  • Diethylenetriaminepentaacetic Acid (DTPA)
  • Ethylenediamine-N,N’-bis(2-hydroxyphenylacetic acid) (EDDHA)
  • N,N′-bis(2-hydroxyphenyl)ethylendiamine-N,N′-diacetic acid (HBED)
  • Non-Chelated
By Crop Type
  • Cereals and Grains
  • Fruits and Vegetables
  • Oilseeds and Pulses
  • Others
By Application Mode
  • Soil
  • Fertigation
  • Foliar
  • Others
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
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Email: enquiry@psmarketresearch.com
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Tuesday, March 12, 2019

Aerospace Composites Market Key Players, Opportunities, Revenue & Application Type Forecast to 2023

The aerospace composites market is projected to reach $4,234.4 million by 2023. Based on type, the aerospace composites market is categorized into carbon fiber, glass fiber, aramid fiber, and others (ceramic fiber and metal fiber). Of these, carbon fiber has been the largest category in the market, with an estimated volume contribution of more than 45.0% in 2017.
In terms of resin type, the aerospace composites market is categorized into thermoset, thermoplastic, and others (ceramic and metallic matrices). Among these, thermoset has been the dominant category in the market in terms of size. This can be ascribed to the increasing adoption of thermoset such as epoxy, phenolic, and polyester resins in the construction of aircraft.
North America has been the largest aerospace composites market so far, with an estimated volume sales share of more than 35.0% in 2017. This can be ascribed to the presence of large number of composite material manufacturers such as Hexcel Corporation and Owens Corning in the region.
                      aerospace-composites-market.png
Also, these companies are undergoing expansions and acquisitions in order to increase their composite product line. For instance, in June 2017, Hexcel Corporation acquired Structil SA, a producer and supplier of high-performance composites to the defense, aerospace, and industrial markets.
Some of the major players operating in the global aerospace composites market are Toray Industries Inc., Teijin Limited, Koninklijke Ten Cate bv, Hexcel Corporation, Royal DSM N.V., SGL Group, Mitsubishi Chemical Corporation, Materion Aerospace Metal Composites, Renegade Materials Corporation, Quantum Composites, and Solvay S.A.
GLOBAL AEROSPACE COMPOSITES MARKET SEGMENTATION
By Type
  • Carbon Fiber
  • Glass Fiber
  • Aramid Fiber
  • Others
By Resin Type
  • Thermoset
  • Thermoplastic
  • Others
By Aircraft Type
  • Commercial Aircraft
  • Business and General Aviation
  • Civil Helicopter
  • Military Aircraft
  • Others
By Application
  • Interior
  • Exterior
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Russia
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of LATAM
  • Middle-East & Africa (MEA)
    • U.A.E.
    • Saudi Arabia
    • South Africa
    • Rest of MEA

Wednesday, March 6, 2019

Hydrogen Market Overview by Global Trends, Growth, Business Strategies, Production by 2024

Hydrogen-=-.jpg

Growing investment in research and development for the development of hydrogen as a fuel is a key trend in the global hydrogen market. For instance, according to the International Energy Agency (IEA), in 2018, the worldwide hydrogen fuel cars market has reached 8,000 units, in which the U.S. and Japan have contributed to 90% of it. Recently, various countries have introduced different policies to boost the use of this fuel. 
The hydrogen gas is represented with a molecular formula of H2. Physical properties of this gas include colorless, odorless, tasteless, non-toxic, and non-metallic. Its density at standard temperature and pressure (STP) is 0.08988 g/l. The gas also occurs naturally in air, in extremely minute concentrations. It is also the lightest and the most abundant element in the atmosphere. Japan and the U.S. are the main users of it, apart from these two countries, the five Nordic regions Norway, Finland, Sweden, Denmark, and Iceland have also started using it as a fuel in the form of bio-hydrogen. 
The hydrogen market is classified on the basis of distribution into pipelines, high pressure tube trailers, and cylinders. Among these, pipeline transportation is the cheapest alternative for gas distribution, as transportation by trailers or cylinders require liquefaction of the gas, which is a very expensive process. Among these three, pipelines are widely used to deliver large volume of gas from one place to another. 
Some of the major players operating in the global hydrogen market are Air Liquide, Linde, Praxair Inc., Air Products and Chemicals Inc., Showa Denko K.K. (SDK), In Hyster-Yale Materials Handling Inc., BASF SE, Messer Group GmbH, Universal Industrial Gases Inc., and Gulf Cryo.
Key factor driving the growth of the hydrogen market is growing hydrogen demand from the chemical industry. There is constant requirement for the gas in refineries in hydrocracker unit. As the refining market specially in countries such as China, India, and the middle eastern countries is growing at a steady rate, this would in turn boost the market growth.
The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Russia, Japan, China, India, Indonesia, Brazil, Saudi Arabia, and South Africa.

Pour Point Depressant Market Growth Opportunities, Industry Status Grow at CAGR of 3.7% by 2023

The Pour point depressant market is expected to reach $1,902.3 million by 2023, the growth of the industry is mainly driven by its growing application in lubricants, automotive, and oil and gas industries. PPDs are used to control wax formation in lubricants thus, lowering the pour point and improving low temperature flow performance of lubricants.

It is used as an additive in various industries dealing with bulk oil and lubricants. It is used in a variety of streams and applications, including transport of crudes, middle distillates, heavy oils, waxy components, biodiesel, and others to overcome oil treatment challenges.


On the basis of end user, the pour point depressant market is categorized into the lubricant, and oil and gas industries. The lubricant industry was the larger segment with more than 55.0% share in the global market in 2016 in terms of revenue. PPD is used in various types of lubricants including crankcase engine oils, automotive and power transmission fluids, automotive gear oils, tractor fluids, hydraulic fluids, and circulating oils.

Pour Point Depressant
Asia-Pacific held the largest share of the global pour point depressant market during the historical period. The application of PPDs is gaining momentum in the lubricant, automotive, and oil and gas industries. 

Europe was the second largest region with a share of more than 20.0% in the global pour point depressant market in 2016 in terms of revenue, owing to the increasing refining capacity in the region.


Some of the major players operating in the pour point depressant industry are Afton Chemical Corporation, Chevron Corporation, Croda International Plc., The Lubrizol Corporation, Sanyo Chemical Industries Ltd., Innospec Inc., Clariant AG, Messina Incorporated, Akzo Nobel N.V., and Evonik Industries AG.

POUR POINT DEPRESSANT SEGMENTATION

By End User
  • Lubricant industry
    • By chemistry
      • Poly alkyl methacrylate (PAMA)
      • Styrene esters
      • Others
    • By application
      • Automotive
      • Industrial
      • Aviation
      • Marine
    • By geography
      • Asia-Pacific PPD market for lubricant industry
        • By chemistry
        • By application
        • By country- China, India, Japan, and Rest of Asia-Pacific
      • Europe PPD market for lubricant industry
        • By chemistry
        • By application
        • By country- Russia, Germany, U.K., France, Italy, Spain, and Rest of Europe
      • North America PPD market for lubricant industry
        • By chemistry
        • By application
        • By country- U.S. and Canada
      • Latin America PPD market for lubricant industry
        • By chemistry
        • By application
        • By country- Brazil, Mexico, and Rest of Latin America
      • Middle East and Africa (MEA) PPD market for lubricant industry
        • By chemistry
        • By application
        • By country- South Africa, Saudi Arabia, and Rest of MEA

  • Oil & gas industry
    • By chemistry
      • Ethylene co-vinyl-acetate (EVA)
      • Poly alpha olefins (PAO)
      • Poly alkyl methacrylate (PAMA)
    • By application
      • Production
      • Refining
      • Exploration
    • By geography
      • Middle East & Africa (MEA) PPD market for oil and gas industry
        • By chemistry
        • By application
        • By country- Saudi Arabia, Iran, South Africa, and Rest of MEA
      • Europe PPD market for oil and gas industry
        • By chemistry
        • By application
        • By country- Russia, Germany, Italy, France, U.K., and Rest of Europe
      • Asia-Pacific PPD market for oil and gas industry
        • By chemistry
        • By application
        • By country- China, India, Japan, and Rest of Asia-Pacific
      • North America PPD market for oil and gas industry
        • By chemistry
        • By application
        • By country- U.S. and Canada
      • Latin America PPD market for oil and gas industry
        • By chemistry
        • By application
        • By country- Brazil, Mexico, Venezuela, and Rest of Latin America

Tuesday, March 5, 2019

Industrial Gases Market Global Revenue, Key Players, Profit, Growth Factors, Regions Forecast to 2022

The global industrial gases market was valued at $47,200.0 million in 2015, and it is expected to grow at a CAGR of 6.2% during 2016 – 2022. The factors driving the growth of the global market include rapid industrialization and increasing population. 
In addition, the advancement in industrial gas production technology, and huge demand in emerging economies, such as India and China are driving the growth of the global industrial gases market.
industrial-gases.jpg
Among the various applications, the petroleum refinery segment held the largest share in the global industrial gases market. 
Over the last few years, the demand for hydrogen in petroleum refining has increased significantly, owing to stricter environmental legislations imposed by various governments.
Among the various product types, the hydrogen segment held the largest share in the global industrial gases market. According to the U.S. Energy Information Administration (EIA), the global crude oil production increased from 77,980 thousand barrels per day in 2014 to 80,071 thousand barrels per day in 2015.
In 2015, Asia-Pacific held the largest share in the global industrial gases market with 38.9% share. The industrial gases market in the region is anticipated to witness the highest growth at a CAGR of 6.6% during the forecast period.

Some of the major players operating in the global industrial gases market include Praxair Inc., Air Products and Chemicals Inc., Linde AG, Air Products and Chemicals Inc., Air Liquide, Airgas Inc., and Taiyo Nippon Sanso Corporation.
GLOBAL INDUSTRIAL GASES MARKET SEGMENTATION
By Product Types
  • Hydrogen
  • Oxygen
  • Carbon Dioxide
  • Nitrogen
  • Helium
  • Argon
  • Acetylene
By Production and Delivery
  • Merchant Gases (Liquefied, Tank Delivery)
  • Merchant Gases (Cylinder Delivery)
  • High Volume Gases (On-Site Generation)
By Application
  • Petroleum Refinery
  • Chemical Production
  • Food Processing
  • Healthcare
  • Electronics
  • Metal Processing
  • Others
GEOGRAPHICAL SEGMENTATION
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Brazil
    • Others