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Global QYResearch: Fishing Boat Propeller Market 2016 Market Benefits, Forthcoming Developments, Business Opportunities & Future Investments

This report studies Global Fishing Boat Propeller Market 2016, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
Eris Propellers
Maucour France
Eliche Radice
SPW
Teignbridge

Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Fishing Boat Propeller in these regions, from 2011 to 2021 (forecast), like
North America
Europe
China

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Japan
Southeast Asia
India
Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into
Type I
Type II
Type III
Split by application, this report focuses on consumption, market share and growth rate of Fishing Boat Propeller in each application, can be divided into
Application 1
Application 2
Application 3

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Table of Contents

Global Fishing Boat Propeller Market Research Report 2016
1 Fishing Boat Propeller Market Overview
1.1 Product Overview and Scope of Fishing Boat Propeller
1.2 Fishing Boat Propeller Segment by Type
1.2.1 Global Production Market Share of Fishing Boat Propeller by Type in 2015
1.2.2 Type I
1.2.3 Type II
1.2.4 Type III
1.3 Fishing Boat Propeller Segment by Application
1.3.1 Fishing Boat Propeller Consumption Market Share by Application in 2015
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Fishing Boat Propeller Market by Region
1.4.1 North America Status and Prospect (2011-2021)
1.4.2 Europe Status and Prospect (2011-2021)
1.4.3 China Status and Prospect (2011-2021)
1.4.4 Japan Status and Prospect (2011-2021)
1.4.5 Southeast Asia Status and Prospect (2011-2021)
1.4.6 India Status and Prospect (2011-2021)
1.5 Global Market Size (Value) of Fishing Boat Propeller (2011-2021)

……

7 Global Fishing Boat Propeller Manufacturers Profiles/Analysis
7.1 Eris Propellers
7.1.1 Company Basic Information, Manufacturing Base and Its Competitors
7.1.2 Fishing Boat Propeller Product Type, Application and Specification
7.1.2.1 Type I
7.1.2.2 Type II
7.1.3 Eris Propellers Fishing Boat Propeller Production, Revenue, Price and Gross Margin (2015 and 2016)
7.1.4 Main Business/Business Overview
7.2 Maucour France
7.2.1 Company Basic Information, Manufacturing Base and Its Competitors
7.2.2 Fishing Boat Propeller Product Type, Application and Specification
7.2.2.1 Type I
7.2.2.2 Type II
7.2.3 Maucour France Fishing Boat Propeller Production, Revenue, Price and Gross Margin (2015 and 2016)
7.2.4 Main Business/Business Overview
7.3 Eliche Radice
7.3.1 Company Basic Information, Manufacturing Base and Its Competitors
7.3.2 Fishing Boat Propeller Product Type, Application and Specification
7.3.2.1 Type I
7.3.2.2 Type II
7.3.3 Eliche Radice Fishing Boat Propeller Production, Revenue, Price and Gross Margin (2015 and 2016)
7.3.4 Main Business/Business Overview
7.4 SPW
7.4.1 Company Basic Information, Manufacturing Base and Its Competitors
7.4.2 Fishing Boat Propeller Product Type, Application and Specification
7.4.2.1 Type I
7.4.2.2 Type II
7.4.3 SPW Fishing Boat Propeller Production, Revenue, Price and Gross Margin (2015 and 2016)
7.4.4 Main Business/Business Overview
7.5 Teignbridge
7.5.1 Company Basic Information, Manufacturing Base and Its Competitors
7.5.2 Fishing Boat Propeller Product Type, Application and Specification
7.5.2.1 Type I
7.5.2.2 Type II
7.5.3 Teignbridge Fishing Boat Propeller Production, Revenue, Price and Gross Margin (2015 and 2016)
7.5.4 Main Business/Business Overview

Continue…

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Increasing exploration and production activity of oil and gas well mainly in offshore field is anticipated to drive the floating production storage and offloading Market.

FPSO market includes ship shape production floating vessels used in remote area or deeper water location and is equipped with the processing equipment, storage offloading facility and living quarters. Processing equipment used for separation and treatment of gas, crude oil, and water during the operation. Storage facility in FPSO is used for storing processed oil whereas offloading is used for transferring crude oil to tankers for shipping to refinery and living quarter includes personnel quarter, control room, dining and lounge. Treated gas can be used either on board for power generation or export through pipeline to shore or it is re-injected back into subsea reservoir or can be flared.

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Crude oil is transported to cargo tank and water produced during processing of extraction of crude oil is discharged within environmental limit. It consists of turret mooring system which is integrated into the hull while type of turret used is determined according to the environment.

It is an effective solution for small oil field which can be depleted in few years and once a well gets depleted FPSO is shifted to new location. It is used to eradicate the need of laying long distance pipeline. Its advantage is easy to remove and reuse, ability to operate without the need for a specific export infrastructure, can be used in any water depth, can often be leased instead of bought, hence making very small fields economic, abandonment cost is less than for fixed platform, early production and reduced upfront investment. As on 2015, the globally 100 FSO (floating storage and offloading) and 160 FPSO are in operation. With no crude oil or gas processing facility, it is known as floating storage and offloading (FSO). Use of subsea trees and lack of drilling capability are some of the highlighted drawbacks

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Increasing exploration and production activities of oil and gas well in offshore field across the globe, increasing demand of energy, increasing investment in offshore oil and gas project, marginal-field development and early production system will boost the demand of floating production storage and offloading facility during the forecast period. Low crude oil price, technical challenges, cost overrun and financing investment are expected to be the restraint for (floating production storage and offloading) FPSO market growth. Increasing exploration and production activities of well in offshore field would act as an opportunity. Floating production storage and offloading market has been segmented into by water depth, by type and region. By water depth, the global FPSO market size can be segmented into shallow water, deepwater and ultra deepwater. By type includes converted, redeployed and new build.
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Oil and Gas Analytics Market size is forecast to reach over 25 billion by 2024.

Low crude prices and high drilling costs will drive the global oil and gas analytics market during the forecast period

Analytic software is the tool which is used to analyse big data and provide actionable judgement for improving efficiency of business process of upstream, midstream and downstream sector. This software also helps companies to make an accurate and swift decision at right time, enhance productivity and finding the main cause of production loss, reduce finance risk, reduce asset maintenance cost and examine supply chain performance by analysing real time data. These analytics services offer potential to enhance productivity by 6% to 8%. Analytic services include sensing and monitoring instruments, hardware and software program etc.

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Global oil and gas analytics market size has been classified on the basis of software (upstream, midstream and downstream), services (professional services, cloud services, integration Services) and deployment (on-premises, hosted). Upstream software includes exploration and drilling analytics, field surveillance and monitoring analytics, production planning and forecasting analytics, equipment maintenance management analytics, asset performance analytics, workforce management analytics. Midstream software includes Pipeline SCADA analytics, fleet analytics, storage optimization analytics. Downstream software includes commodity trading analytics, demand forecasting analytics, pricing analytics, refining analytics. The analytic services find its wide application in upstream and contribute 50% of the total oil and gas analytic market, midstream market is accounted for around 30% and downstream accounted for 20% of oil and gas analytic market in 2015.

Data analytics in midstream helps to supervise the pipelines and equipment to make more accurate decision and specific approach to maintenance. The analytics services in most oil and gas companies helps to automate its back end process which makes system function cost effective. Improvement of analytics can improve the companies process of drilling well, reducing cycle time and diminishing the number of wells in process at a time.

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Low crude oil prices, increasing production and drilling cost, associated risk with exploration and production, large volume of data in the oil and gas industry, rising production from unconventional resources and oil and gas demand will boost the demand for adoption of oil and gas analytic services during the forecast period. Stringent rules and regulations by government, varying price of oil and gas market, exhausted oil and gas reserve, aging manpower and weather condition are some of the challenges for the oil and gas analytics market.

Sand blasting machines market size over $485 million by 2022: Global Market Insights, Inc.

Sand blasting machines market size is forecast to exceed USD 485 million by 2022, as per a new research report by Global Market Insights, Inc. Emergence of robotic technology for sand blasting should boost global demand. Industrial sand blasting machines market size was valued at USD 298.3 million in 2014, with forecast of USD 391.2 million by 2022.

 
This technology has been increasingly adopted to amplify the extent of sand blasting in areas where part complexity, quality control and complex process requirements are not sufficed through standard automation solutions. It provides optional features such as automatic recovery, automated media flow control, custom data collection, automatic blast pressure control, report generation, through-the-fixture back pressure control and rotary lance capabilities.

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Health hazards associated with the use of silica as an abrasive material coupled with threat of substitutes are expected to challenge growth over the forecast period.

Key insights from the report include:

  • Global sand blasting machines market was valued at USD 366.1 million in 2014, with expected revenue of USD 485.4 million by 2022, growing at 3.5% from 2015 to 2022. In terms of volume, the industry should grow at a CAGR of 5.0%, to exceed 140.1 thousand units by 2022, up from 93.9 thousand units in 2014.
  • Mini-sand blasting machines market share was over 18% in 2014, and with segment growth expectations of 4.1% from 2015 to 2022. This is primarily due to increasing deployment in household activities such as rust removal, repairing and paint removal. Additionally, increased substitution of manual labor with sand blasting for performing domestic tasks to save time is likely to boost demand.
  • Asia Pacific led the global industry with over 35% of the overall share in 2014, with forecast of 4.2% growth over the forecast period, mainly due to the considerable Chinese industry. Although sand blasting machines price trend is low in the region, high unit volumes should see sizable revenue during over coming six years. Europe may grow sluggishly compared to the global average to exceed USD 95 million by 2022.
  • The sand blasting machines market share is highly fragmented in nature, with the presence of several stakeholders. Clemco Industries, Tools USA, Trinity Tool, and C.M. Surface were among the key participants in 2014. Other notable companies include Airblast B.V, Kramer Industries, SANdBOT (JetSystem Group), Midwest Finishing Systems Inc., Norton Sandblasting Equipment, Torbo Engineering Keizers GmbH, and Sintokogio Group among others.

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Pleated filters market size to reach $14.9 billion by 2022: Global Market Insights, Inc.

Pleated filters market size is likely to be valued at USD 14.9 billion by 2022; as per a new research report by Global Market Insights, Inc. Growing need for energy conservation and low green house gases (GHG) emission devices is likely to drive demand. The market is also likely to be driven by consumer preference to install latest air conditioning systems in residential and commercial buildings. These filters also have significance in HVAC installation systems.

Germany pleated filters market size, by product, 2012 - 2022 (Million Units)

Germany pleated filters market size, by product, 2012 – 2022 (Million Units)

Air based pleated filters market share dominated the industry and accounted for more than 50% of the total demand in 2014. Growing importance of efficient equipments with for minimizing indoor contaminants is likely to drive air filters demand. Oil filters are likely to witness highest growth rates with an estimated CAGR of 7.5% up to 2022.

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Stringent regulations by governing bodies such as EPA to curb air borne diseases are anticipated to drive pleated filters market size over the next seven years. Ensuring continuous & down-flow of particulate-free fluids in oil & gas exploration and production applications is anticipated to play a major role in increasing the demand. Preference of some substitute products to remove micro-particulates is likely to challenge pleated filters industry.

Key report insights suggest:

  • Global pleated filters market size was estimated 197.2 million units in 2014 and may register 326.0 million units by 2022 growing with an estimated CAGR of 6.5% from 2015 to 2022.
  • Industrial applications dominated the overall demand and accounted for 41.9% of the total volume in 2014. Rapid industrialization in emerging economies such as  Asia Pacific & Latin America coupled with increasing investments in expansion of cement and power industries is likely to drive demand for this application. Residential applications are likely to witness moderate growth rates at CAGR of 5.7% up to 2022.
  • Asia Pacific dominated the regional market and accounted for 43.2% of the total volume in 2014 and is likely to witness highest gains up to 2022. Increasing flow of FDIs coupled with stringent regulations to curb air pollution is likely to drive regional demand.
  • U.S. pleated filters market share is likely to witness moderate growth rate with an estimated CAGR of 3.2% up to 2022.
  • The market is characterized being highly fragmented with presence of large number of domestic and international industry participants. Key companies include General Motors Company, 3M Company, Midwesco Filter Resources Inc, Donaldson Company Inc., Freudenberg & Company KG, Atlas Copco, Camfil AB and The Strainite companies. The market is also likely to increase the competition by attracting new industry participants.

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Silicone elastomers market size, share industry analysis & forecast, 2023

Global silicone elastomers market size is forecast to reach USD 12.8 billion by 2023; as per a new research report by Global Market Insights, Inc. Superior mechanical and chemical properties, compared to other elastomers and positive growth outlook across application market is likely to drive silicone elastomers market size to over 1,500 kilo tons by 2023.

U.S. silicone elastomers market size, by application, 2013-2023 (KT)

U.S. silicone elastomers market size, by application, 2013-2023 (KT)

Extended lifetime and a wide temperature operating range, low toxicity, low flammability, low smoke density, inertness to chemicals & solvents, oil & fuel resistance, and high productivity are some key attributes assisting industry penetration. Strong R&D focus for application development should create growth opportunities.

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HTV (High Temperature Vulcanize) silicone elastomer market size is forecast to witness 5.2% CAGR growth from 2016 to 2023. Room Temperature Vulcanize (RTV) industry revenue is forecast to exceed USD 1.3billion by 2023.

Silicone elastomers market share holds over 45% of the overall silicone industry. Silicone can be transformed into a number of products including adhesives, coatings, sealants, lubricants oils, and resins. Rise in ageing population and urge to stay personable in the generation are some major factors that are expected to fuel the silicone implant industry.

Key insights from the report include:

  • Global silicone elastomer market size was over USD 7.1 billion in 2015, with 7.6% CAGR expectation from 2016 to 2023.
  • Construction silicone elastomers market share is forecast to exceed USD 5.5 billion by 2023. With infrastructure spending in China, India and South-east Asia expected to rise by 10% every year; APAC will be the most attractive region for these applications.

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  • Electronic silicone elastomers market growth should be over 8% CAGR from 2016 to 2023. Healthcare is a relatively unexplored application for industry participants. Technology innovation and demographic trends are likely to offer potential growth throughout the forecast period.
  • APAC was dominated by India and China silicone elastomers market share. Other developing markets such as Middle East & Africa are projected to experience brisk growth in areas such as automotive, construction, healthcare, consumer goods and electrical & electronics.
  • South Korea silicone elastomers industry saw over 76 kilo tons consumption in 2015. Europe and North America are relatively sluggish regions. Smaller regional avenues such as Central & South America are expected to witness strong overall growth.
  • The global industry is fairly concentrated, with over 80% share being dominated by top companies. Dow, Wacker, Momentive and Shin-Etsu dominate the production landscape.
  • Industry value chain comprises raw material producers, silicone elastomer manufacturers, distributors, and end-use applications.

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Adhesives and sealants market size, share, Industry analysis & forecast, 2023

Global adhesives and sealants market size was estimated at 9.8 million tons and 1.9 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Construction, automotive and packaging were key revenue generating applications for the industry.
Adhesives and sealants market size analysis is set to exceed USD 50 billion by 2023. Strong infrastructure development indicators and focus on vehicle weight reduction for better fuel performance will play a key role in demand development.

India adhesives market size, by technology, 2012-2023 (USD Million)

India adhesives market size, by technology, 2012-2023 (USD Million)

Waterborne adhesives market size dominated the technology landscape, with 47% global share 2015. This technology is preferred over solvent borne technology owing to low VoC emissions to curb environmental toxicity.

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Hot melt adhesives market size is forecast to gain significantly, with 5.3% CAGR up to 2023. On product basis, acrylic products witnessed most usage, with overall consumption close to 3.6 million tons in 2015, whereas silicone sealants consumption was over 580 kilo tons.
Stringent norms by the EPA and REACH to address environment concerns over VoC emissions may challenge industry growth. Strong focus on developing renewable materials as an alternative to fossil fuel products is likely to support growth. Bio adhesive market size already accounts for over 1% of the total demand and could witness sizable gains over the coming seven years.
 

Key insights from the report include:

  • Global adhesives market size is set to attain grow at 4.9% CAGR, whereas sealants market size is estimated to reach 2.7 million tons by 2023.
  • Pressure sensitive adhesive (PSA) applications dominate demand and accounted for over 29% of the total demand in 2015, followed by packaging, with overall consumption of close to 2.1 million tons.
  • Construction sealants market size witnessed consumption of 510 kilo tons in 2015. Automotive sealants market is forecast to significantly grow at 5.4% CAGR and reach 565.0 kilo tons by 2023.
  • APAC, led by China, Japan & India, was the leading regional industry and accounted for over 40% of the total demand in 2015.
  • China polyurethane (PU) glue demand was estimated at close to 280 kilo tons in 2015, whereas PU sealants demand in China was calculated at close to 135 kilo tons in the same year.
  • North America, driven by stringent norms in the U.S., accounted for over 22% of the total volume in 2015. North America construction glues market was close to 345 kilo tons in 2015.
  • Global market share is moderately consolidated with multinationals such as Dow, HB Fuller, 3M and Henkel catering to over 47% of the industry demand. Other notable companies include Eastman Chemical, BASF, Avery Dennison, Ashland and Bostik.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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Personal Protective Equipment (PPE) industry size to be worth USD 67.6 billion by 2023

Personal Protective Equipment (PPE) market size is forecast to hit USD 67.6 billion by 2023; as per a new research report by Global Market Insights, Inc. Rising employee safety and health concerns, along with high number of industrial fatalities in unregulated regional industries will drive the global personal protective equipment (PPE) market size.

India Personal Protective Equipment (PPE) market size, by product, 2015

India Personal Protective Equipment (PPE) market size, by product, 2015

U.S PPE market, being one of the most regulated regions, dominated demand, with over USD 12.5 billion revenue in 2015. Product innovation, with changing needs for protective gear that combines safety with attractiveness in terms of appearance will augment industry expansion.

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Safety guideline set by OSHA, especially in the U.S. will be a key growth facilitator. Rising fatality rate in core industries, including automotive, refining, metal processing and oil & gas will be a key parameter for demand development.

Hand protection, including industrial safety gloves market, is forecast to grow at 7% CAGR, from USD 8.7 billion in 2015. Food manufacturing, heavy chemicals, clinical diagnostics, pharmaceuticals, mining and metals are key application areas for this segment.

Personal protective equipment manufacturers design and supply products for different end-use industries by employing unique and innovative technologies. Most of them either have their own proprietary technology or license it from other industry participants.

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Key insights from the report include:

  • Global personal protective equipment market size was over USD 38 billion 2015, with 7.3% CAGR growth forecast from 2016 to 2023.
  • Industrial protective clothing market size, dominated by flame retardant apparel, is forecast to witness 7.4% CAGR growth, from USD 8.5 billion in 2015.
  • Protective footwear market is likely to witness moderate gains, with over USD 12.5 billion revenue estimate by 2023.
  • Strong construction indicators in South East Asia and Africa will likely result in a surge for head, eye and face protection demand over the forecast period.
  • Hearing protection devices increase communication capabilities for high noise environments where communication is paramount. Positive oil & gas outlook with rising number of shale plays in the region is anticipated to augment hearing protection demand in near future. APAC is expected to be the fastest growing hearing protection market with 6.7% CAGR forecast.
  • U.S. and Europe PPE market share is likely to be stagnant, with most of the industry being regulated with strict safety guidelines and product specifications.
  • APAC should continues being an attractive regional industry, with Japan, China and India personal protective equipment market share being over 86% regional demand in 2015. India PPE market size is set 8.2% CAGR growth from 2016 to 2023.
  • Global personal protective equipment market share is moderately concentrated over 60% global demand being met by top 5 participants in 2015. Core PPE manufacturing companies include RockFall Ltd., 3M Co., Alpha Protech, Ltd., Honeywell, JAL Group and DuPont.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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Global synthetic paper market size to exceed USD 405 million by 2023: Global Market Insights, Inc.

Global synthetic paper market size was estimated at 130.8 kilo tons in 2015, as per the latest research report by Global Market Insights, Inc. Stringent environment protection regulations for sustainability will drive global synthetic paper market size as an alternative to wood pulp.

Packaging & labeling industry expansion and the need to have sustainable and environment friendly paper solution will play an important role in instigating demand. Biaxially Oriented Polypropylene (BOPP) synthetic paper market segment was the largest, with consumption of over 77 kilo tons in 2015. Easy coating, laminating, and printing process coupled with cost benefits were key influencing factors.

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Global non-label synthetic paper market share is projected to exceed 127 kilo tons up to 2023. Non label applications were the most preferable owing to longer life span and are majorly used in making banners, maps, and graphics.

MEA synthetic paper market size, by product, (KT), 2012-2023

MEA synthetic paper market size, by product, (KT), 2012-2023

Europe high density polyethylene (HDPE) synthetic paper industry was close to USD 26 million in 2015 and is predicted to grow at rapid pace with over 6.3% CAGR up to 2023.

Low crude oil prices over the last two years have resulted in correction of synthetic paper market price. This trend may witness a slight upswing in industry costing from 2017 with expected recovery in crude oil prices. Being key feedstock, HDPE and polypropylene (PP) costs play a significant role in deciding industry profitability.

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Key insights from the report include:

  • Global synthetic paper market size is projected to register 209.7 kilo tons by 2023, with an estimated gains at 6.1%.
  • Label market growth is estimated to be the highest, with gains at 6.3% up to 2023 and predicted to exceed 80 kilo tons. Important uses include stack & shrink labels, pressure sensitive, in-mold and wraparound labels.
  • HDPE product revenue exceeded USD 87 million in 2015 with 7% CAGR forecast up to 2023.
  • APAC, led by China synthetic paper market size, was the dominant regional industry and accounted for more than 37% of the total demand in 2015. BOPP demand was the highest in APAC and registered close to USD 55 million in 2015.
  • Low manufacturing cost in India and China may attract new investment in the region.
  • North America, influenced by U.S. industry growth and regulatory compliance, registered over USD 55 million in 2015 North America label market is predicted to witness significant growth at 7.0% in revenue terms up to 2023 due to strong application scope in pharmaceutical and food & beverages packaging.
  • Synthetic paper market share is highly consolidated with key MNCs holding large market share and catering to over 75% of the total demand. Yopu Corporation, PPG Industries, Arjobex, and DuPont were among the leading MNCs. Joint Venture and product portfolio expansion are among the key growth strategies.
  • Other industry participants include Hop Industries, American Profol, Taghleef Industries, Neenah Paper, and Nan Ya Plastics.

Specialty fuel additives market size over $10.4 billion by 2023: Global Market Insights, Inc.

Specialty fuel additives market size was estimated at 1.55 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Rising biofuel industry penetration and a strong focus on improving fuel performance, especially in regards to efficiency and emissions will drive the global specialty fuel additives market.

Growing environment consciousness, mainly in EU, U.S., and China, coupled with favorable government policies to adopt sustainable resources are key trending factors to boost demand.

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Deposit control additives dominated product segment with total consumption of over 605 kilo tons in 2015. Technology advancement in injector systems and engines played a key role to stimulate market growth. These additives are used in all oil types and help to inhibit deposit formation on injector nozzles.

                  Latin America specialty fuel additives market size, by product, 2012-2023 (KT)

Latin America specialty fuel additives market size, by product, 2012-2023 (KT)

Diesel application is projected to witness significant growth of 6.7% CAGR up to 2023. ULSD adoption in major countries including U.S. and China accompanied by growing biodiesel demand may boost the market growth. Reduced biodiesel engine functionality in low temperatures conditions requires cold flow, which is another influencing demand drivers.

Growing autogas consumption owing to its environmental benefits over conventional alternatives may restrain the specialty fuel additives market growth. Governments in U.S., Algeria, Australia, India and China are promoting autogas usage and offering several benefits on certain consumption.

Cost benefits over gasoline or diesel is another stimulating factor for CNG vehicles expansion, wherein Asia Pacific is the leading market.

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Key insights from the report include:

  • Global specialty fuel additives market size analysis targets 2.48 million ton consumption by 2023, growing at 6.1% CAGR.
  • Constant focus to improve fuel efficiency and engine performance has positively driven the CI (Cetane improvers) demand. This additive is mixed with oil to increase cetane number in order to boost performance. CI product demand is set to grow at 5.8% CAGR by 2023.
  • Gasoline dominated the application segment and is set to be valued at USD 4.79 billion in 2023. U.S., the largest gasoline consumer, established Top Tier Detergent Gasoline (TTDG) standard under EPA guidelines which may positively influence gasoline based specialty fuel additive market demand.
  • North America, led by U.S. accounted for over 26% of the global volume in 2015.
  • Stringent environment regulations by Saudi Arabia coupled with introduction of Euro IV standard busses in Dubai are considered to be the major factor to foster Middle East & Africa specialty fuel additives demand. The region is set to increase with an estimated gain at 6.3% CAGR by 2023.
  • APAC, primarily dominated by India and China specialty fuel additives market, is predicted to reach over 750 kilo tons by 2023, growing at 7.1% CAGR.
  • Global specialty fuel additives market share is fairly consolidated, NewMarket, Innospec, BASF, Infineum were the top four companies. Other market participants include Afton, Albemarle, Baker Hughes, Chemutra, Chevron Oronite, Clariant International, Angus, EURENCO, Evonik, and The Lubrizol.

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Powder coating market size worth USD 15.58 billion by 2023: Global Market Insights, Inc.

Powder coating market size was 2.25 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Consumer goods and automotives are the leading revenue generating applications for powder coating industry.

Powder coating market size is set to register USD 15.58 billion by 2023. Favorable sales potential from domestic appliances including microwave ovens, freezer cabinets, and washing machines should instigate growth.

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Strong vehicle production growth in Brazil, Germany, China, and Malaysia are the driving factors across various applications which include door rims, handles, and under the hood components.

       Europe powder coatings market size, by application, (Kilo tons), 2012-2023

Europe powder coatings market size, by application, (Kilo tons), 2012-2023

Automotive applications are forecast to witness maximum growth, with expectations of 7.2% CAGR up to 2023. Major automotive consumers include Chevrolet, Lincoln, Daimler-Chrysler, Dodge, and Mercedes-Benz to use this coating in the manufacturing process.

APAC powder coatings market size for furniture applications was more than 210 kilo tons for 2015. Strong growth outlook in the Chinese metal furniture industry, owing to raw material availability may positively influence growth.

Superior properties in terms of heat and corrosion resistance has fueled the consumption in defense and outdoor home products including wheelbarrows, lawn mowers, snow shovels, snow blowers, barbecue grills, garden tools and propane tanks.

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Raw material trends are a key industry driving factor, covering over 38% of total production cost. Balanced supply will be critical for favorable powder coatings market prices. Moreover, limited wastage and ability to recycle is another positive factor to foster product demand.

Key insights from the report include:

  • Global powder coating market size is forecast at 3.82 million tons by 2023, growing at 6.8% CAGR. Environment regulations by EPA & REACH to control VOC emission will continue to aid industry development.
  • Consumer goods dominated the application segment and accounted for over 20% of the total volume in 2015, followed by general industries application, with overall consumption of over 450 kilo tons.
  • Furniture is the second fastest growing application, increasing with estimated gains of 7.2% CAGR up to 2023. Weather resistances and durability are the key product properties to drive demand in this segment.
  • Asia Pacific, led by China, Malaysia, and India powder coating market share, dominated the regional industry and accounted for over 45% of the global demand in 2015.
  • In terms of growth, Latin America is likely to be another attractive region for industry participants. Strong infrastructure spending Brazil for upcoming summer Olympics 2016 may influence demand.
  • North America, driven by U.S. powder coating market size, with consumption likely to exceed 580 kilo tons by 2023. North America automotive applications accounted for over 20% of regional volume in 2015.
  • Global powder coatings market share is moderately fragmented, with leading companies catering to under 40% of the overall demand for 2015. PPG, AkzoNobel, Axalta, and Sherwin Williams are notable market players.
  • Other market participants include DuPont, BASF, Valspar, Nippon, Kansai, Jotun, Eastman, DIC Corporation, Arkema, Bayer, and Evonik.

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Construction paints & coatings demand to drive global Methyl Ethyl Ketone (MEK) market to USD 3.64 billion by 2022

Methyl Ethyl Ketone (MEK) Market size is forecast to reach USD 3.64 billion by 2022, as per a new research report by Global Market Insights, Inc. The latest MEK market report predicts over 50% of total demand to be from paints and coatings.

Positive demand outlook for paints and coatings, on account of growing construction spending, particularly in Latin America and Asia Pacific is expected to remain a key driving factor for industry development.

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Steady automotive demand, on account of recovery from economic downturn in North America and Asia will also impact industry growth positively. Pharmaceutical and personal care industrial applications include manufacturing antiseptics, anesthetics, lotions, and drugs.

(Methyl Ethyl Ketone) MEK market size, by application, 2012-2022 (Kilo Tons)

(Methyl Ethyl Ketone) MEK market size, by application, 2012-2022 (Kilo Tons)

Printing ink applications presently account for over 200 kilo tons of global Methyl Ethyl Ketone (MEK) market size. It is extensively used and preferred solvent in printing industry owing to advantages offered such as excellent drying times, adhesion with substrates such as plastics, metals & glass and allowing formulation of specialized inks.

MEK market price trend benefited from the global crude slump, however, expected recovery in 2017 along with regulatory pressure may challenge industry profitability. Growing importance for MEK peroxides as catalysts in polymerization of polyester resins and as a cleaning agent, varnish and paint remover will drive growth throughout the forecast timeframe.

Methyl Ethyl Ketone (MEK) market exhibits a high degree of integration by major manufacturers across the value chain, where most of the producers are involved in the raw material production or has their own captive consumption.

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Key insights from the report include:

  • Global Methyl Ethyl Ketone (MEK) market size was USD 2.51 billion in 2014, with 4.8% CAGR growth expectations from 2015 to 2022.
  • Paint & coating applications will remain to be very attractive demand outlets for industry participants. However, companies may be under pressure from regulatory changes as governing agencies look to reduce VOC emissions via green solvents. Key segments include powder coatings, waterborne coatings, solvent borne technologies and specialty coatings.
  • MEK industry demand for adhesives is forecast to exceed 348 kilo tons by 2022.
  • APAC leads the regional demand, being the largest construction and infrastructure market in the world. The region is dominated by China and India methyl ethyl ketone market share, with total revenue of USD 1.35 billion in 2014.
  • U.S. MEK demand is primarily driven by its usage in paints & coatings, with emphasis concentrated on using sustainable technologies, green solvents are expected to outpace methyl ethyl ketone demand in the region.
  • Europe Methyl Ethyl Ketone (MEK) market size is poised to exceed USD 600 million in revenue by 2022. The region is heavily regulated, with product registration guidelines being very strict and relatively expensive.
  • ExxonMobil Chemical and Maruzen Petrochemical were the leading companies in the global Methyl Ethyl Ketone (MEK) market share and accounted for over 35% of overall demand in 2014 collectively.

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Synthetic lubricants market size to exceed USD 5 billion by 2023: Global Market Insights, Inc.

Synthetic lubricants market size was estimated at 652.2 kilo tons in 2015, as per the latest research report by Global Market Insights, Inc. Positive automotive production landscape, particularly in Asia Pacific, along with superior performance and environmental properties will drive the global synthetic lubricants market trends.

Synthetic lubricant market size is projected to register USD 5.0 billion by 2023. Increasing focus towards natural gas development owing to strong application scope in construction, food & beverages and personal care industries, particularly Saudi Arabia, Qatar and UAE, may favor demand.

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(Group IV) PAO synthetic lubricants market size was dominant by accounting over 66% of the total demand in 2015. Increased PAO usage in automotive engines accompanied by OEM recommendations in major brands such as BMW and Volkswagen should instigate product demand.

Europe synthetic lubricants market size, by product, 2012 – 2023, (USD Million)

Europe synthetic lubricants market size, by product, 2012 – 2023, (USD Million)

Europe PAG market is poised to sustain average growth and register over USD 165 million by 2023.  Strong focus towards reducing maintenance cost and rising trend in condition based monitoring for manufacturing sector is projected to promote PAG market growth.

Asia Pacific heat transfer fluid demand may observe highest gains with 4.7% CAGR up to 2023. HTFs are used for heating reboilers and water removal in the oil & gas and chemical industries. Presence of large scale manufacturing companies in China and India may instigate product demand.

Synthetic lubricants market price are higher when compared to mineral based products which may negatively impact overall growth.

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Regulatory support towards sustainable products development in the U.S and EU accompanied by superior mechanical properties may boost biolubricants market and hamper synthetic lubricants demand.

Key insights from the report include:

  • Global synthetic lubricants market size is projected to gain growth rates at 4.2% and reach 903.0 kilo tons by 2023. Strong automobile sales outlook coupled with installation of new industrial machines, particularly in Asia Pacific, may boost demand.
  • Synthetic esters should witness highest gains, at more than 4.5% CAGR up to 2023. Rising product demand in reciprocating compressors with endorsing compressor oil use should instigate growth.
  • Engine oil applications registered close to USD 1.38 billion in revenue in 2015. Key properties, improved drain intervals, sustainable film protection and wide operating temperature, should favor demand.
  • Europe, dominated by Germany and UK synthetic lubricants market size, dominated the regional industry demand with overall consumption at above 210 kilo tons in 2015. Presence of aerospace and automotive manufacturing companies such as Airbus, Rolls Royce, Audi, BMW, Volkswagen, and Mercedes are expected trends to boost sales.
  • North America, dominated by U.S automobile industry demand, may register over USD 1.45 billion by 2023. Presence of major aviation companies including Boeing accompanied by increasing automotive production in the U.S. and Mexico are among the stimulating factors to foster synthetic lubricants market growth.
  • Global synthetic lubricants market share is fairly consolidated and was dominated by Shell, ExxonMobil, Castrol and British Petroleum, catering over 49% of overall demand in 2015.
  • Other market participants include Fuchs, Pennzoil, Amsoil, Kendall, Valvoline, Total and Chevron.

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Industrial Protective Clothing Market size over $14 billion by 2023

Industrial Protective Clothing Market size will grow from USD 5.42 billion in 2015 to over USD 14.4 billion in 2023, as reported by the latest study by Global Market Insights, Inc. Regulatory guidelines in place to enhance safety and minimize fatalities will be critical for the global industrial protective clothing market growth.

Flame retardant and chemical defending apparel dominate consumption, with collective volume of 997 million sq.m in 2015, or 57.9% of the global market. Flame retardant apparels are fabricated from thermal resistant material which reduces the flammability of the finished product specially designed for electric arc flash and flash fire hazards. Chemical defense includes protection from radiation and particulate matter.

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Mechanical protection is an attractive growth avenue for market participants, with target revenue at more than USD 1.5 billion for 2023, at 14.5% CAGR. This segment covers protective wear or workers that are exposed to high risk of abrasion and mechanical tear, especially in mechanical parts manufacturing, foundry and workshop applications.

Russia industrial protective clothing market size, by product, 2013 – 2023 (Million Sq.m) 

Russia industrial protective clothing market size, by product, 2013 - 2023 (Million Sq.m)

There is high degree of integration by industry participants at different levels across the value chain. DuPont is an example, the company occupying an important position throughout the value chain, from raw materials to end use industries. The company is a chemical manufacturer, fiber producer, distributor, industrial protective clothing manufacturer & supplier as well as end user.

Contact with harmful matter in the industrial working environment is a critical issue affecting worker safety. Chemical or toxic fumes, heat, and radiation emitted during various industrial and manufacturing process brings potential health risks such as cancer, pulmonary disease, skin irritation, and loss of vision among other ailments.

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ASTM, OSHA, EASHW and other similar regional agencies have stepped-up scrutiny along with increasing their scope across manufacturing, R&D, laboratories etc. These regulatory guidelines will help the industry evolve, and commercialize high-efficiency and novel protective wear, with sustainable raw materials.

Key insights from the report include:

  • Global industrial protective clothing market will grow at 11.7% CAGR, with volume forecast at 7,152 million sq.m by 2023.
  • Durable industrial protective clothing will continue to dominate consumption, at over 57% volume share in 2015, at 11.7% CAGR growth.
  • Clean room clothing demand was USD 863 million in 2015, with gains poised at 13.9% CAGR up to 2023. Laboratories, electronic manufacturing facilities, clinical and pharmaceutical industries are key usage areas for these products, aimed at preventing worker infection and product contamination from minute harmful particles and chemicals. Filament polyester is widely used raw material for clean room clothing.
  • Technically innovative solutions for light weight durable clothing will positively impacted global mechanical protective clothing market. Increasing demand for protection during meat cutting, welding and glass cutting will drive growth.
  • APAC, especially China and India, along with Latin America are poised to see significant growth through the forecast time-period, at 12.8% and 12.1% CAGR respectively. As manufacturing and production index continues to see strong indicators, modernization of safety standards becomes increasingly significant.
  • U.S. industrial protective clothing market share should see more than 11% CAGR growth, with durable products accounting for over 59% demand. The sustained development of the shale gas industry will see the resurgence of the downstream market, providing growth opportunities for the overall personal protective equipment (PPE) industry.
  • Europe industrial protective clothing industry was more than USD 1.2 billion in 2015, with Germany alone responsible for over 33.5% of that.
  • The global industry is fiercely competitive, with complex product registration enhancing entry barriers. Product innovation and competitive pricing will be critical for capturing market share.

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Marine lubricants market size to exceed $13 billion by 2023: Global Market Insights, Inc.

Marine lubricants market size was estimated at 2.6 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Increase in seaborne trade coupled with shipbuilding industry development should benefit marine lubricants market growth. According to International Chamber of Shipping (ICS), approximately 90% of the global trade was carried out by the international shipping industry.

Global marine lubricants market size looks poised for USD 13.1 billion revenue by 2023. Government initiatives such as the creation of Transatlantic Free Trade Area, Transatlantic Trade and Investment Partnership as well as other existing initiative such as Asia Pacific Trade agreements may favor marine lubricants demand.

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Engine oil application was dominant and accounted for over 44% of the overall demand in 2015. Increasing ship engine capacity and efficiency has led to growth in engine oils demand.

   South America marine lubricants market size, by application, 2012 – 2023 (USD Million)

South America marine lubricants market size, by application, 2012 - 2023 (USD Million)

Marine engine oils classification includes TPEO (trunk piston engine oils) and MDCL (marine diesel cylinder lubricants). TPEOs are majorly employed in four stroke engine lubrication of costal and cruise ships, while MDCLs are employed in two stroke engines for large cargo or container ships.

Key issues, recyclability, aqueous toxicity and biodegradability, may challenge marine lubricant market share. Most additives used in product formulation are petrochemical derived; they can pose serious threat to water pollution.

According to MARPOL Annex VI regulation 13, by MEPC under IMO, NOx Tier III limits must be met. This requires lubes to prevent an increase in soot and visible exhaust emissions.

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EPA has formulated a directive named Environmentally Acceptable Lubricants in which specifications for lubes to be used in vessels are prescribed and can help in reducing impact on aquatic environment.

Industry collaboration with biotechnology companies to manufacture bio based lubes coupled with tax incentives to manufacture eco friendly products may pave opportunities for marine lubes market size. Companies are expected to invest heavily in manufacturing product using bio-based raw materials such palm oil, castor oil, and animal derived oils.

Key insights from the report include:

  • Global marine lubricant market size is forecast to attain gains at 3.7% CAGR and register 3.47 million tons by 2023.
  • Mineral lubes market size was dominant by accounting over 86% the overall demand in 2015. Key supporting factors, low cost and easy availability of mineral oils, will most likely benefit this segment.
  • Europe marine lubricants market size, with Germany and UK as major contributors, dominated the overall consumption with over 1.07 million tons in 2015. Synthetic lube in Europe is forecast to attain highest gains at over 6.4% in revenue terms and register more than USD 500 million by 2023.
  • Asia Pacific, led by China, Japan and South Korea, is estimated to witness highest gains at over 3.9% CAGR up to 2023. Hydraulic oil application in Asia Pacific may grow significantly and register over USD 970 million by 2023.
  • North America, dominated by the U.S. shipping industry, may experience moderate gains and register over USD 1.65 billion by 2023. U.S. marine lubricants market size is forecast to reach over 340 kilo tons by 2023 with expected gains at above 3.2% CAGR.
  • Global marine lubricants market share is competitive and moderately consolidated. Notable industry participants include Chevron, ExxonMobil, BP Marine, Royal Dutch Shell and Total. Major industry participants are partnering with biotechnology companies to gain competitive advance.
  • Other prominent companies include LUKOIL, Sinopec, Quepet and Gulf Oil Corporation. Industry has witnessed joint ventures and mergers & acquisitions as key growth strategy.

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Waterproof Breathable Textiles Market size over $2 billion by 2022

Waterproof Breathable Textiles (WBT) Market size is forecast to hit USD 2.18 billion in revenue by 2022, as per a new research report by Global Market Insights, Inc. Expansion of eco-friendly products coupled with rising demand in active sportswear is anticipated to drive demand over the forecast timeframe.

Waterproof breathable garments market size was valued at over USD 875 million in 2014. It is anticipated to witness gains at 5.1% CAGR from 2015 to 2022. Increasing adoption in several applications such as mountain sports and trekking has driven global demand. Footwear is projected to surpass USD 550 million by 2022, at an estimated CAGR of 6.0% over the coming six years.

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Growing popularity of fitness-related sports such as running, walking, swimming, and cycling owing to health awareness has generated demand for sports apparel and shoes, which is expected to fuel consumption over the coming few years. These products deliver more strength, lighter weight, longer durability, and are thereby used across several outdoor recreation products that include backpacks, tents and other fabric-based garments or gear.

       Europe waterproof breathable textiles market size by textile, 2012-2022 (USD Million)

Europe waterproof breathable textiles market size by textile, 2012-2022 (USD Million)

Increasing use of recycled PET bottles in fabric production is also expected to fuel waterproof breathable textiles industry growth. Change in consumer preferences in outdoor activities could pose a challenge for industry participants.

Key insights from the report include:

  • High densely woven waterproof breathable textile market price trend and mounting demand from application areas including military, medical and work wear is likely to drive revenue to USD 231.5 million by 2022.
  • The use of coatings is expected to witness slow growth owing to increasing popularity of membrane technology.
  • Active sportswear will continue accounting for over 80% of the global waterproof breathable textiles market share through the forecast timeframe. Breathability is of vital importance in sports to ensure ventilation to the skin during perspiration; as a result, a large number of manufacturers ensure the presence of this attribute.

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  • Europe waterproof breathable garments market size leads global demand with revenue forecast to exceed USD 690 million by 2022. Rising consciousness towards health and fitness issues along with increasing sports activities in this region is likely to drive growth from 2015 to 2022. Asia Pacific waterproof breathable textiles market share is anticipated to grow at 7.2% in terms of volume.
  • Key industry participants include W. L. Gore & Associates and eVent (General Electric). The players offer environmentally viable products that are PTFE-free, PFC-free and recyclable. Other participants include APT Fabrics, Columbia Sportswear, Heartland Textiles Co. Ltd., Patagonia, The North Face, Helly Hansen, Jack Wolfskin, Nike, and Mountain Hardwear among others.
  • Manufacturers offer products ideal for cycling-wear, skiwear, and outdoor clothing such as hunting and mountaineering jackets, sailing apparel, rainwear, golf-wear, windbreakers, etc.
  • A few others offer products for medical and military & defense applications. They emphasize mainly on cost savings by manufacturing products in low-cost regions, and aim on decreasing overhead cost by implementing measures such as outsourcing arrangements and additional relocation of production plants.

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Nitrocellulose Market size reported over $940 million by 2023

Nitrocellulose Market size was 188.5 kilo tons in 2015, as per the latest research report by Global Market Insights, Inc. Strong application scope in printing inks, wood coatings and automotive paints may drive nitrocellulose market size growth. Key properties, better adhesion and non-reactivity to other paints, should complement the overall demand.

   China nitrocellulose market size, by application, (USD Million) 2012-2023

China nitrocellulose market size, by application, (USD Million) 2012-2023

Global nitrocellulose market size may register USD 943.0 million by 2023. Growth in printing applications ranging from print media to packaing is attributed for such a robust growth. Increasing industrialization, urbanization and rising population are few factors attributed to such a brisk growth in printing ink demand. Flexographic and gravure inks used in packaging industry utilize nitrocellulose as key ingredient.

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Pinting applications dominated the overall consumption with 50.5 kilo tons in 2015. Nitrcellulose market study predicts printing applications for robust industry gains at 6.3% by 2023. Though digitization and growing computer use may somewhat restrain industry growth, printing inks applications are still expected to be used across multiple industries.

Leather finishing applications may observe significant gains and register over 35 kilo tons by 2023. Nitrocellulose-based paints are preferred as they dry quickly, are easy to apply, compatible with a wide range of additives, leave no residue upon drying, have a good glossy finish, and good adhesion properties. These properties make it suitable for furniture coating applications.

Automotive paint application may surpass USD 170 million in revenue by 2023 with over 5.5% CAGR by 2023. Automobile production growth coupled with favorable incentive policies by regional governments in China, Thailand, Indonesia and India may favor product demand for automotive applications.

Companies present across the value chain signify low level of complete integration. Companies which are backward integrated have an added competitive advantage over other industry participants as they are able to deliver cost effective products and have a better grasp over their downstream business.

Distributors and suppliers play an important role in the value chain and form an important link between the manufacturers and end-use industries. The manufacturers are much dependent upon distributors & suppliers for marketing products.

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This substance is considered as a flammable solid and thus is governed by transportation and packaging regulations. Stringent regulations by FDA and EU which govern food contact applications for paints used in packing may impact overall industry profitability and affect nitrocellulose market price trend.

Key insights from the report include:

  • Global nitrocellulose market size may foresee industry gains at 5.8%% and register 296.4 kilo tons by 2023.
  • APAC, with growth in China and India nitrocellulose market size, dominated the overall regional industry with over 95 kilo tons in 2015.
  • China printing ink applications should witness robust growth rates in revenue terms and register over USD 105 million by 2023.
  • North America, dominated by the U.S. industrial applications, may witness below average gains at over 5.2% CAGR. Wood applications in the U.S. should register over USD 28 million with 5.3% CAGR.
  • Europe, led by Germany, UK and France, may witness sluggish gains owing to stringent government regulations. Germany automotive paints applications may register over 3 kilo tons by 2023 with 4.8% CAGR.
  • MEA, led by Saudi Arabia, UAE and Qatar, occupied an small chunk of the market and registered close to USD 25 million in 2015.
  • Global nitrocellulose market share is occupied by companies present in unorganized segment and tend to compete multinationals on price basis. Notable industry participants include Tembec, Dow Wolff and Nitro Quimica.
  • Other key participants include Atomax Chemicals, IVM Chemicals, TNC Industrial, EURENCO and Synthesia.

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Worldwide Marine Ports and Services Market: Drivers, Challenges and Industry Key Events 2020, PMR Report

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Marine ports and services market offers safety and security amenities, infrastructure development and enhance services, such as vessel traffic service, emergency services, and vessel bookings and cancellation services. Marine ports and services also provide reliable and safe movement of cargo and passenger vessels. It provides abrupt responses to safety and environmental concern associated with marine vessel of all class such as liquid cargo, dry bulk cargo and tourism or passenger ships.

On the basis of the various services provided by the marine port and services, the market can be broadly categorized under four segments namely port development and consultancy, port and harbor operation, commercial shipping services and tools services.

According to United Nations Conference on Trade and Development (UNCTAD), in 2013, 80 per cent of global commodities trade was carried through waterways. The trade competitiveness of all developing and developed countries depends largely on their infrastructure of shipping services and inter-port conectivity.

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The past few decades the economy and trade capacity are shifted from its traditional centers. Moreover the considerable shifts in global manufacturing locations, development of high volume container vessels and technological advancement in the field of information and communication networking is driving the market of marine port and services market.

Developments of new international sea routes such as extension of the panama canal and proposal of arctic routes coupled with formation of BRICS bank (a bank formed by Brazil, Russian, India, China and South Africa) with the proposal to raise funding to meet the needs of new and advanced logistic infrastructure is providing new market opportunity for the global marine port and services market.

Asia Pacific is the largest market of global marine port and services market followed by North America and Europe. Asia Pacific is also the fasted growing region for marine port and services market attributed to the growing gross domestic production (GDP) in China and India. Moreover growing South–South trade, intra-Asian trade coupled with increasing seaborne trade is driving the market in this region.

Some of the major companies operating in global marine ports and services market include, DP World Limited, Hutchison Whampoa Limited, Ningbo Port Company Limited, Shanghai International Port, Hamburger Hafen und Logistik AG

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Key points covered in the report

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation
    • North America
    • Europe
    • Asia
    • RoW
  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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Abundant Deep Water Reserves to Create Heightened Demand for Offshore Lubricants, reports TMR

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The global offshore lubricants market is led by large MNCs, making for an expansive arena marked by intense competition. Companies such as Royal Dutch Shell, Total, Chevron, ExxonMobil, and Castrol have established strong brand equity over the years. This has resulted in a difficulty for new players to penetrate the market. For new entrants to gain a higher market share, creating a reliable distribution channel becomes a crucial factor, states a new report by Transparency Market Research (TMR). Since creating a good distribution channel requires time and capital, it is difficult for new entrants to survive in the market.

The threat of substitutes in the offshore lubricants market is low as lubricants are essential for every machine or moving part and there are no external substitutes for them. However, there does exist competition among different types of lubricants such as bio-based, synthetic, and semi-synthetic. Since the use of bio-degradable lubricants has been mandated by the EIA, there has been increased R&D into the production of cost effective bio-based lubricants. This is expected to increase the competition in the market.

Need to Improve Operational Life of Mechanical Parts Boosts Demand for Offshore Lubricants

The rise in the demand for energy is increasing by 1.5% per year, as per the BP Energy Outlook. Thus, there is a rise in the use of floating production storage and offloading (FPSOs) and offshore rigs in offshore exploration and production (E&P) activities. This in turn is increasing the demand for lubricants as they are extensively used in these activities. Constant developments in offshore lubricants are enhancing the operational life of mechanical parts, which in turn reduces unnecessary capital investments. This will further the demand for offshore lubricants.

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It is expected that many E&P activities will take place in Brazil and Africa. Thus, the demand for offshore rigs is steadily increasing and around 220 offshore rigs are under construction. These rigs are expected to be installed in various offshore fields across the globe and accelerate the growth of the offshore lubricants market.

Environmental Regulations Prohibit Use of Certain Lubricants

The growing environmental concerns over lubricant spills and leakages into the sea are forcing various government agencies to come up with new legislations compelling the use of eco-friendly lubricants. Guidelines set by the IMO state that seals, main propulsion, and stern tube bearings of ships operating in the ice covered waters in the Arctic, should not leak pollutants. Similarly, the Vessel General Permit regulation by the EPA has compelled ship owners to use environmentally acceptable lubricants (EAL). Oil companies are facing difficulty in the use of EALs as the many conventional rubber seal materials used are not compatible with the new EALs, says a TMR analyst. This, prohibits the use of EAL in these applications.

Offshore Fields in West Africa, Brazil, and Gulf of Mexico to Create Heightened Demand for Lubricants

High investments by major oil and gas exploration and production companies are creating a continuous demand for FPSOs and offshore rigs. There are many offshore fields in the Golden Triangle (West Africa, the Gulf of Mexico, and Brazil), which will result in large scale exploration and production activities. These fields have an average depth of around 1890 feet, thus requiring a large number of offshore rigs and FPSOs. This in turn is expected to create a heightened demand for offshore lubricants.

According to the report, the global market opportunity in offshore lubricants is expected to rise from US$134.67 mn in 2015 to US$183.50 mn by 2020. By end user, the offshore rigs segment led in the past and will continue to retain its leading position in the coming years. On the basis of application, the engine oil segment is expected to lead and account for 61.95% of the global offshore lubricants market by 2020. The Rest of the World, followed by Asia Pacific is anticipated to lead in the market in the coming years. The Rest of the World is expected to account for 32.49% of the global offshore lubricants market by 2020.

This information is based on the findings of a report published by Transparency Market Research titled “Offshore Lubricants Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020.”

The global offshore lubricants market is segmented as follows:

End User

  • Offshore rigs
  • FPSO

Application

  • Engine oil
  • Hydraulic oil
  • Gear oil
  • Grease
  • Others (turbine oil, compressor oil, circulating oil, etc.)

Region

  • North America
  • Europe
  • Middle East
  • Asia Pacific
  • RoW (Rest of the World)

Research Report: http://www.transparencymarketresearch.com/offshore-lubricants-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Demand for Marine Diesel Oil and Marine Gas Oil Presents Lucrative Opportunities for Players in Bunker Fuel Market, TMR reports

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The global bunker fuel market is highly competitive. The market is capital intensive for some players, while for others it is not, states a new report by Transparency Market Research (TMR). For instance, companies that act as brokers focus on bunker delivery services and require less capital whereas companies that own physical assets, need significant capital to operate in the market. Companies such as Chemoil Energy Limited and World Fuel Services Corporation offer bunkering services in all major ports of the world. Other companies such as Gazpromneft Marine Bunker LLC and Lukoil-Bunker LLC operate only in certain regions.

Many bunker suppliers are entering into long term agreements with shipping lines to expand their global network, enabling them to serve clients in a strategic manner. A shortage in bunker storage capacity is leading to a gradual trend of consolidation by large suppliers. The threat of substitutes is expected to rise from low to medium owing to rising demand for clean sources of marine fuel.

Dropping Crude Oil Price Benefits Bunker Fuel Market

Bunker fuel is extensively used in the oil and gas industry. The exploration sector is rapidly developing, which is benefitting the global bunker fuel market. The rise in demand for new hydrocarbon reserves is causing a shift of focus from onshore to offshore reserves. Since the demand for bunker fuels is extremely high for offshore support vessels, many bunker supplier companies have shifted to ports that are strategically located near offshore hydrocarbon basins. This is benefitting the global bunker fuel market.

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The dropping price of crude oil is another reason behind the growth of the market. Crude oil and product tanker movements have increased greatly in the last few years owing to an increase in the purchase and strategic storage of crude oil. The increasing trade movements owing to a decrease in the crude oil prices have also led to an increased demand for bunker fuel.

Fuel Reduction Initiatives to Impact Demand for Bunker Fuel

Several ship owners and operators have implemented fuel reduction initiatives to limit emissions by shipping liners. The minimum energy efficiency requirements set by the International Maritime Organization (IMO) has enforced the energy efficiency design index, which is expected to be behind the decreasing demand for bunker fuel. This is because ships are specifically being designed to reduce fuel consumption through voyage optimization. The use of hull-form optimization techniques for improving the energy efficiency of ships will further hamper the demand for bunker fuel, states a TMR analyst.

Expansion of ECAs Boosts Demand for Marine Diesel Oil and Marine Gas Oil

LNG fueling technology is expected to be utilized extensively in order to comply with upcoming MARPOL regulations, which impose restrictions on sulfur emissions from marine vessels. LNG bunkering is the only feasible option available, which meets the NOx emission control area and Sulphur emission control area (SECA) requirements. Moreover, the Mediterranean Sea, Gulf of Mexico, Strait of Malacca, and Sea of Japan are expected to be declared as emission control areas (ECAs) in the near future. This will further the demand for marine gas oil (MGO) and marine diesel oil (MDO) grade marine fuels as they comply with environmental regulations. The demand for MDO and MGO grade marine fuel oil will not only rise in the ECAs but also outside the ECAs, owing to strict environmental norms.

According to the report, the global market opportunity in bunker fuel is expected to rise from US$232.72 bn in 2015 to US$292.42 bn by 2020. On the basis of fuel grade, the IFO 380 segment led in the past and is expected to retain its leading position in the coming years. By end use, the bulk and general cargo segment is expected to lead and account for 44.1% of the global bunker fuel market by 2020. By geography, Asia Pacific is expected to lead and account for 39% of the global market by 2020.

This information is based on the findings of a report published by Transparency Market Research titled “Bunker Fuel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020.”

The global bunker fuel market is segmented as follows:

Fuel Grade

 

  • IFO 380
  • IFO 180
  • IFO Others
  • MGO/MDO

End User

  • Container Vessels
  • Tankers Vessels
  • Bulk & General Cargo Vessels
  • Other Vessels

Seller Type

  • Major Oil Companies
  • Leading Independent Distributors
  • Small Independent Distributors

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East
  • Rest of the World (RoW)

Research Report: http://www.transparencymarketresearch.com/bunker-fuel-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contact

Transparency Market Research

+1-518-618-1030

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