Materials and Chemicals

Xanthan Gum Market Grows Rapidly Due to Rise in Demand for Gluten-Free Food Products

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Xanthan GumAllied Market Research adds “Xanthan Gum Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Xanthan gum is an epoxy polysaccharide, which belong to hydrocolloid family and is used as a valuable substance in food additive. It has the ability to absorb more water that its own weight and has the capability to form a gel. It is widely used as a stabilizing agent, thickening agent, fat replacer, suspending agent, and bodying agent in a wide variety of food and industrial applications. It is one of the most adaptable elastic thickener, which performs well even when used in small quantities. It owns several extraordinary and useful properties, such as change in viscosity at fluctuating temperatures, high viscosity at low concentrations, and excellent stability over a wide pH range.

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The factors that drive the global market are multi-functionality of xanthan gum, which resulted in varied application of xanthan gum, such as food & beverages, oil & gas, personal care & cosmetics, pharmaceuticals, and others. In food & beverages, xanthan gum is used to add texture, unique appearance, flavour release, viscosity, and to enhance water-control properties. However, high cost of xanthan gum and availability of relatively cheap substitutes and anti-dumping policies on xanthan gum hamper the market growth.

Food & beverages is the leading application segment, where xanthan gum is used in wide range food products, such as sauces & dressings, meat & poultry products, bakery products, confectionery products, beverages, dairy products, others. It offers excellent water-binding stability, storage stability, and aesthetic appeal in food processing when used in small concentrations.

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The thickening agent segment dominated the global market, with more than one-third of the total market share in 2016. It is widely used as a thickening agent in broad range of application, owing to its property of high viscosity at low concentration. The thickening of any liquid with xanthan gum is easily achieved by simply blending it into required liquid. The product thickened using xanthan gum maintains its shape at the resting state and blends properly when stirred briefly.

The key companies profiled in the report include Fufeng Group Company Ltd., Cp Kelco, Cargill, Inc., Solvay S.A., E. I. Du Pont De Nemours and Company, FMC BioPolymer, MeiHua Holdings Group Co., Ltd., Archer Daniels Midland Company, Ingredion Incorporated, and Zoranoc Oilfield Chemical.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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The global white spirits market is driven by the growing demand for white spirits in the paints & coatings industry

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White Spirits

Allied Market Research added new research report on “White Spirits Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

Global Opportunity Analysis and Industry Forecast, 2017-2023, the global white spirits market was valued at $5,360 million in 2016, and is estimated to reach $7,671 million by 2023, registering a CAGR of 5.3% from 2017 to 2023. In 2016, the type 3 segment is anticipated to grow at the highest rate during the forecast period.

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White spirit is a mixture of saturated aliphatic & alicyclic C7-C12 hydrocarbons containing 15-20% aromatic C7-C12 hydrocarbons (by weight) and exhibiting a boiling range of 130-230C. There are three different types and grades of white spirits. The classification based on type depends on whether the solvent is subjected to only hydrodesulfurization (type 1), solvent extraction (type 2), or hydrogenation (type 3). The hydrodesulfurized type contains less than 25% aromatic hydrocarbon, the solvent extracted white spirit contains less than 5%, while the hydrogenated contains less than 1%. Each type comprises three different grades: low flash grade (flash point: 21-30C and initial boiling point: 130-144C), regular flash grade (flash point: 31-54C and initial boiling point: 145-174C), and high flash grade (flash point: >55C and initial boiling point: 175-200C). The type 0 white spirit is defined as a distillation fraction with no further treatment, consisting predominantly of saturated C9-C12 hydrocarbons with a boiling range of 140-220C.

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In 2016, Europe dominated the global market, owing to the growing demand for low aromatic solvents in the paints & coatings industry. Furthermore, presence of major players is anticipated to boost the market growth in the near future. North America is the second leading revenue contributor to the global market, and is expected to register a CAGR of 4.9% in terms of revenue.

The key players profiled in the report are ExxonMobil Corporation, Royal Dutch Shell Plc., Total S.A., Idemitsu Kosan Co., Ltd., CEPSA, Neste Oyj, Haltermann Carless, DHC Solvent Chemie GmbH, Al Sanea Chemical Products, and GSB Chemicals.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Industrial Alcohols Market Processing Methods are Fermentation and Synthetic

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Allied Market Research adds “Industrial Alcohols Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

The major companies profiled in the report include Cargill Inc., MGP Ingredients Inc., Green Plains Inc., Birla Sugar, Cristalco, Greenfield Specialty Alcohols, Flint Hills Resources, Sigma Aldrich, The Andersons Inc., and BASF SE.

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Industrial alcohol is used as a reagent as well as a solvent, and is manufactured and sold in applications other than beverages, such as the pharmaceutical, personal care, energy sector, and chemical industries. Ethanol, a type of industrial alcohol, is also called as ethyl alcohol, pure alcohol, grain alcohol, or drinking alcohol. It is a volatile, flammable, and colorless liquid obtained from molasses. Moreover, the government of the developing countries have mandated blending of petrol with 5% ethanol, which in turn is expected to boost the fuel the demand for ethanol in the transportation industry.

At present, the global industrial alcohol market registers significant growth, owing to high demand for biofuels. Moreover, ethyl alcohol, methyl alcohol, benzyl alcohol and isobutyl alcohol are widely used in the fuel and energy sector due to the functional properties of alcohols, such as high-octane number and flammability characteristics. In addition, rapid adoption of biofuel and growth in awareness of deteriorating environment quality drive the demand for industrial alcohols in the fuel sector. Moreover, increase in environmental concerns, massive government support for the production of bioethanol in the developed countries, and emerging applications of alcohols in various end-use industries augment the market growth. Furthermore, the utilization of better, low-cost feedstocks create opportunities for advanced developments of industrial alcohols; thereby driving the demand for alcohol-based products. However, fluctuating prices of raw materials are expected to hinder the market growth.

The grains segment is expected to account for nearly half of the global market, in 2016. Moreover, the grains segment has witnessed strong demand in countries in the forecasted years, such as U.S., UK, and France, owing to its rapid production of alcohols from corn. Corn, wheat, and barley are extensively utilized in these countries for producing bioethanol for industrial purposes. Moreover, increase in the number of distilleries has boosted the use of these raw materials for production of fine-grade ethanol for potable purposes (for beverage purposes).

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Molded Plastics Market Size, Status and Forecast 2023

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Molded Plastics.jpg

Allied Market Research adds “Molded Plastics Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Molded plastics are synthetically produced from non-metallic compounds, which can be molded into various shapes for commercial applications. These are highly versatile, efficient, and malleable, and can be hardened to achieve the desired consistency. These molded plastics can be modified by adding pigments to their polymers. Polyvinyl chloride, polypropylene, polystyrene, polyethylene, and others are some of the compounds that can be used as molded plastics in building & construction, automotive & transportation, consumable & electronics, packaging, medical, and other applications.

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Stringent government regulations to reduce CO2 emissions have led to increase in the consumption of lightweight materials such as molded plastics in the automobile industry. Rapid economic growth and rise in disposable income have increased the consumption of consumer electronics such as smartphones, tablets, laptops, computers, and TVs in the emerging economies such as India and China. The consumer electronics industry is expected to grow, particularly in the Asia-Pacific region, owing to extensive use of molded plastics. This in turn is expected to drive the demand for molded plastics.

Polypropylene was the leading product segment in the global market in 2016, owing to its wide range of applications in the packaging and the automotive industry. Polypropylene is used for packaging of various industrial and consumer goods, owing to its flexibility, strength, and high resistance to chemicals, bases, and acids. In the automotive industry, it is used in automotive dashboards, front bumpers, rear bumpers, bottle caps, music systems, wire spools, storage containers, one-piece chairs, seat panels, mechanical parts, and other components. However, the market is affected by factors such as volatile prices of raw materials prices such as ethylene and propylene.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Cobalt Sulphate Market| Fact and Forecast | Growth Factors | Key Trends

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Cobalt Sulphate.jpg

Allied Market Research added new research report on “Cobalt Sulphate Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

The battery segment was the highest revenue contributor to the global cobalt sulphate market in 2016. Asia accounted the lead position, both in terms of value & volume, in 2015, and is expected to grow at the highest rate during the study period.

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The battery segment accounted for the highest share of cobalt sulphate market in 2016, owing to the highest consumption of batteries in passenger electric vehicles, consumer electronics, and stationary storage. As per industry experts, the demand for lithium is expected to reach at 50,000 MT by 2020. At present, there are around 350 lithium mining projects active to accomplish the rise in demand for lithium batteries in various applications. The growth in end-use industries such as pigment, ceramic, glass, and battery drives the market for cobalt sulphate. However, the growth for cobalt sulphate market is expected to get affected, owing to the health concerns related to cobalt sulphate industry.

The rechargeable battery segment accounted for more than 40% of the share in the global cobalt sulphate market in 2016, as is employed in the growth of applications, such as passenger electric vehicles, consumer electronics, and stationary storage. Segments such as hard facing/HSS alloy and catalyst are projected to grow at a significant growth rate during the forecast period.

Asia accounted for the highest market share in 2016, and is projected to grow at the highest CAGR of 2.4%, owing to the presence of major manufacturers in China. In addition, the demand from the passenger electric vehicles, consumer electronics, and stationary storage sector are expected to drive the market growth in Asia. Europe was estimated to be the second highest consumer for cobalt sulphate in 2015. Belgium & Finland are the major suppliers of cobalt sulphate in the region followed by Norway.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Organic Acids Market Size by Players, Type, Application and Forecast by 2023

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Summary: “Organic Acids Market” includes Market Size, Share, Trends, Growth, Demand, Supply, Application, production, capacity utilization, supply, Analysis and Forecast

Organic acids are compounds that possess a carbon atom in its structure and have a molecular formula RCOOH. Citric acid, acetic acid, lactic acid, tartaric acid, malic acid, gluconic acid, propionic acid, and fumaric acid are some of the organic acids used widely in end-use applications such as during formation of drugs, textiles, and adhesives. These acids are produced commercially either by chemical synthesis or from agro-industrial residues. However, fermentation processes are the most commonly used methods. Furthermore, organic acids of tricarboxylic acid cycle can be produced in high yields in microbiological processes.

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Presently, the global organic acids market witnesses numerous opportunities, owing to rapid increase in development of food & beverage industry in Asia-Pacific and LAMEA. The decline in oil prices and failure of start-up bio-fuel process have stimulated the production of multiple organic acids from biomass as coproducts. This drives the market growth as biomass acts as a renewable source for organic acids production, thereby leveraging the cost of fuels for the production of organic acids. Moreover, increase in demand for bio-based organic acids has led to a surge in investment for R&D activities in the market.

Acetic acid accounted for almost two-third share, in terms of volume, in 2016, owing to increase in demand for acetic acids for preservation of food items. In addition, acetic acids are being increasingly employed in meat and poultry production in the form of sodium lactate to extend shelf life, control pathogenic bacteria in food, improve water binding capacity, and reduce sodium content.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Ceramic Matrix Composites Market Growth: Growing Demand for Advanced Technologies

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Allied Market Research adds “Ceramic Matrix Composites Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Ceramic matrix composites are considered as materials consisting of ceramic matrix combined with a ceramic, such as oxides and carbides, in the dispersed phase. These materials exhibit multiple physical & mechanical properties such as high refractoriness and brittleness. Moreover, the ceramic fiber composites provide toughness and strength at high temperatures, therefore find wide application in aerospace & defense industry in ballistic applications.

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At present, the global market witnesses numerous opportunities, owing to high temperature stability and better thermal shock resistance boosting the demand for aircraft component production. Moreover, the energy & power segment is estimated to emerge as the growing application of ceramic composites. In addition, growth in the aerospace & defense sectors and installation of new power plants in Asia-Pacific are expected to boost the market growth. However, surge in customization requirement and slower adoption in newer applications are expected to restrict the market growth during the forecast period.

The oxide-oxide segment accounted for the maximum share, in terms of volume, in 2016. Moreover, this segment witnesses strong demand for aerospace, defense, and energy & power applications, owing to improved properties of oxide compounds such as no oxidation, fracture resistant, and less expensive production process.

In 2016, North America accounted for nearly half of the total market, and is expected to continue this trend, owing to higher penetration of the aerospace & defense sector. The major companies profiled in the report include Rolls-Royce PLC., COI Ceramics Inc., SGL Group. Ceramtec, Lancer Systems., Coorstek Inc., Applied Thin Films, Inc., Ultramet, and Composites Horizons and Starfire Systems Inc.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.