Industry Experts – Market Research Reports

Industry Experts caters the market research needs of a broad range of industry verticals comprising Automotive, Healthcare, Food & Beverage, Telecom & Internet, Chemicals & Plastics, Biotechnology and Consumer Goods. The company also provides customized market research and industry analysis services for a wide range of industry sectors.

25 Feb

Bisphenol A Demand to Grow, Owing to Increasing Applications of Epoxy Resins and Polycarbonates in Automotive and Electronics

Posted in News on 25.02.16 by IE Admin

Industry Experts introduced the new market research report ‘Bisphenol-A – A Global Market Overview’. The new report reveals that the market for Epoxy Resins application of bisphenol-A is projected to witness the fastest growth during the analysis period 2016-2022 with a CAGR of 5.7% and to reach US$7.3 billion by 2022 from an estimated US$5.2 billion in 2016. The application is also expected to register the fastest growth in terms of volume consumption at a CAGR of 5.1% during the same period to reach 3.5 million metric tons by 2022.

Global consumption of bisphenol-A (BPA) is being spurred by a stable growth in demand from emerging markets, with China, India, Mexico and Russia expected to witness above average growth prospects. Coupled with this trend is a growing demand for the compound in its two major application areas, viz., epoxy resins and polycarbonates. Prospects for future demand for BPA are likely to be bolstered by the growing utilization of this chemical in rotor blade composites that find application in windmills. Wind energy has been garnering widespread global attention as an eco-friendly option in the energy mix and requires the use of strong and resilient wind turbine rotor blades that are reinforced using epoxy resins.

On another note, the use of BPA in food and beverage applications is being vigorously scrutinized, with several studies undertaken indicating a close association between the industrial chemical and adverse health effects, including cancer. Increasing pressure from the media, environmental activists and concerned public in regard to gradually phasing out bisphenol-A from food and beverage applications has forced governments across the globe to take corrective actions. A number of countries, such as some in the European Union, the United States and Canada, have prohibited the use of BPA in baby feeding bottles and many more are set to follow suit.

Notwithstanding the controversy surrounding BPA’s toxic effects in food and beverage applications, demand for the chemical is not likely to undergo any drastic change in the foreseeable future. This can be attributed to a softer stance adopted by global regulatory agencies that are biding time in an endeavor to provide ample opportunity to manufacturers of packaging materials to develop alternative solutions to BPA that can enable in resolving the issue. Another factor is that food and beverage packaging materials account for only about 3-4% of the global consumption of polycarbonates and even if the use of BPA is completely discontinued in this area, the chemical will continue to be in demand in other categories of polycarbonates.

Global market for Bisphenol-A applications analyzed in this study include Epoxy Resins, Polycarbonates and Other Applications. The global markets for the above mentioned application areas are analyzed in terms of both in metric tons and USD. Global volume consumption of Bisphenol-A, estimated at 7.7 million metric tons in 2015 and forecast to be 8 million metric tons in 2016, is projected to reach 10.6 million metric tons by 2022 at a CAGR of 4.8% between 2016 and 2022. In terms of value, global demand for Bisphenol-A is likely to register a faster CAGR of 5.4% over the same period and reach a projected US$22.5 billion by 2022 from an estimated US$15.6 billion in 2015 and a forecast US$16.4 billion in 2016.

This report reviews, analyses and projects the bisphenol-A market for the period 2012-2022 globally and the regional markets including North America, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 12 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, Russia and the United Kingdom; and Asia-Pacific – China, India, Japan and South Korea.

This 194 page global market research report includes 146 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 11 key global players and 26 major players across North America – 5; Europe – 3; Asia-Pacific – 16; and Rest of World – 2. The research also provides the listing of the companies engaged in manufacturing and supply of Bisphenol-A. The global list of companies covers the address, contact numbers and the website addresses of 74 companies.

Hyderabad, India based Industry Experts is a multi industry focused business information provider.
For more details, please visit http://industry-experts.com/verticals/chemicals-and-materials/bisphenol-a-a-global-market-overview

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18 Feb

Metal Replacement in Automobiles and Increasing Demand for Filter Bags to Drive Growth of Polyphenylene Sulfide to Reach $2B by 2022

Posted in Chemicals & Plastics, News on 18.02.16 by IE Admin

Industry Experts has unveiled the new market report on Polyphenylene Sulfide (PPS). The new market report titled ‘Polyphenylene Sulfide (PPS) – A Global Market Overview’, reveals that the Automotive sector is estimated the largest application sector with 2016 consumption of 50.4 thousand metric tons valued at US$434.5 million while Industrial applications sector is projected to emerge the largest consumer of PPS by 2019 in terms of market value with US$548.6 million surpassing the Automotive’s US$536 million.

Polyphenylene Sulfide is a semi-crystalline, high performance (or high temperature) engineering plastic that possesses exceptionally high mechanical, high temperature properties and chemical resistance, rendering it to be the alternative of choice for metals and thermosets. Commercially, PPS is available in different forms and grades such as compounds, fibers, filaments, films and coatings. PPS resin is generally reinforced with various reinforcing materials, specifically glass fibers, in order to improve its mechanical and thermal properties. Such compounds primarily find application in injection molding processes. Unfilled PPS resin can be melt spun and melt blown to produce fibers and fabrics that are used for conveyor belts, flame-resistant clothing and filtration media. PPS resin is also made into films and coatings.

The polyphenylene sulfide market study reviews, analyzes and projects the global market for polyphenylene sulfide for the period 2012-2022 while discussing the global PPS resin installed capacities. Global market for polyphenylene sulfide product types analyzed in the report include PPS compounds and other PPS products such as fibers, films and coatings.

Market for polyphenylene sulfide application areas analyzed in the study include automotive, electrical & electronics, industrial and other applications. Further, the report estimates and projects the global polyphenylene sulfide market in terms of volume in metric tons and value in USD by geographic regions covering North America, Europe, Asia-Pacific and Rest of World. As a value addition, the report also discusses the global market for PPS on neat resin basis.

Global volume consumption of PPS projected to reach 189.4 thousand metric tons, valued at US$2 billion by 2022 at a CAGR of 7.7% between 2016 and 2022. Automotive forms the largest application of PPS in terms of volume consumed, with a market share of 41.5% in 2016 and is expected to maintain a 2016-2022 CAGR of 6.6%. However, the fastest volume CAGR of 11.2% over the same period is likely to be recorded by industrial applications of PPS, the market for which is projected to stand at 59.7 thousand metric tons in 2022. The growth in industrial applications is mainly attributed to the Asia-Pacific region, led by China, where PPS consumption in filter bags and coatings is expected to witness high growth during 2016-2022 period.

This 236 page global PPS market research report includes 115 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region, product type and end-use applications of PPS. This report profiles 21 key global players and 32 major players including PPS resin manufacturers and PPS compounders across the North America – 8; Europe – 9 and Asia-Pacific – 15. The profiles include business overview, product portfolio, PPS resin capacities, addresses, contact numbers and the website addresses.

Hyderabad, India based Industry Experts is a multi industry focused business information provider.

For more details, please visit http://industry-experts.com/verticals/chemicals-and-materials/polyphenylene-sulfide-pps-a-global-market-overview

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