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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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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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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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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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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.

Dimer Acid Market size is expected to reach USD 2.26 billion by 2023

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Global Dimer Acid Market size is expected to reach USD 2.26 billion by 2023; according to a new research report by Global Market Insights, Inc.

Polyamide resin consumption due to strong construction spending particularly in BRICS nations may drive product demand. Nonreactive polyamide resins dominated the application landscape by accounting over 40% of global dimer acid market share in 2015. Strong solvent demand from adhesives and printing inks will drive non-reactive polyamide resin applications.

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Oilfield chemical applications may witness significant gains at 4.5% CAGR. Increasing production across OPEC countries, U.S. and Russia will stimulate dimer acid demand. Increasing application scope in new avenges such as surfactants, alkyd resins, adhesives and oil additives may complement product demand.

Europe Dimer Acid Market size, by application, 2012-2023 (Kilo Tons)

Europe Dimer Acid Market size, by application, 2012-2023 (Kilo Tons)

Europe Dimer Acid Market size, by application, 2012-2023 (Kilo Tons)

APAC, led by China dimer acid market size, was largest regional industry and accounted for over 38% of global volume in 2015. Increasing infrastructure spending in China, Indonesia and India may drive regional demand. China’s push for shale gas exploration and oil production will drive demand in the region.

Increasing presence of small scale dimer acid producers in China coupled with capacity expansions by major overseas companies in the region should benefit industrial production. Raw material availability along with low manufacturing costs is one of the major factors aiding the production landscape in the region.
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Regulatory support by EPA & REACH owing to its non-toxic nature will favor industry growth. Raw material supply bottleneck issues for rapeseed oil, tall oil, soy oil and sunflower oil may affect the production and affect dimer acid market price trend.

Key insights from the report include:

Global dimer acid market size may reach 645.1 kilo tons by 2023 with industry gains predicted at 4.4%. Growing oilfield chemical demand due to increasing drilling activities is likely to positively influence market growth.

Reactive polyamide resin may witness highest gains at 4.6% CAGR. Rapidly increasing surface coatings and adhesive demand from construction & marine industry may propel dimer acid market size for reactive polyamide resins.

U.S. dimer acid market size was valued above USD 200 million for 2015 and industry predicts gains at over 6% CAGR up to 2023. Government initiatives in the region to enrich public infrastructure may favor epoxy & adhesives and construction coating agents demand.

Europe may surpass USD 690 million by 2023.  ECB has initiated a strategy for funding private sector afloat in the economy which may stabilize growth rates in major industries which include energy, construction, transportation, foundry and plastics.

Reactive polyamide resins demand in APAC may observe significant gains at 5.6% CAGR and surpass 90 kilo tons by 2023.

Global dimer acid market share is moderately consolidated with major industry players contributing over 35% of global industry demand. Major companies include Croda, Arizona Chemicals, BASF and Oleon.

Major companies are actively involved in M&A and joint venture agreements with small scale producers in order to strengthen their market presence. Emergence of large number of dimer acid producers in China may further increase competitiveness among market participants. Key companies are uplifting their production capacities in APAC in order to serve growing regional demand.

Global Market Insights has segmented the dimer acid industry on the basis of application and region:

Dimer acid application Analysis (Volume: Kilo Tons; Revenue: USD Million; 2012 – 2023)

Nonreactive polyamide resins

Reactive polyamide resins

Oilfield chemicals

Others

Dimer acid Regional Analysis (Volume: Kilo Tons; Revenue: USD Million; 2012 – 2023)

North America

U.S.

Europe

Germany

UK

Asia Pacific

China

India

Latin America

MEA

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Sandblasting Media Market size worth $441.9 Million by 2023: Global Market Insights, Inc.

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Sandblasting Media Market size is expected to reach USD 441.9 million by 2023; according to a new research report by Global Market Insights, Inc. Industry volume was over 750 kilo tons in 2015, with growth expectations of 5.9% CAGR over the forecast timeframe.

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Robotic blasting systems are increasingly adopted in order to enhance the scope of sandblasting media market size in areas where quality control needs are not sufficed by standardized automation solutions. Industries including aerospace, automotive, medical and consumer electronics makes use of this equipment for several applications including material removal, stress relief, mold cleaning, surface preparation, coating removal and shot peening.

Europe Sandblasting Media Market size, by product, 2015 & 2023 (Kilotons)

Europe Sandblasting Media Market size, by product, 2015 & 2023 (Kilotons)

 

Optional features offered such as servo controlled rotary positioner, automated media flow control, automatic blast pressure control, rotary lance capabilities, custom data collection, report generation, automatic recovery is likely to drive demand. U.S. sandblasting media market size is forecast to exceed USD 96 million by 2023.

Sandblasting media market applications include the use of abrasives to cut, roughen, smooth, clean or polish surfaces, or to remove material to modify surface dimensions or shapes. In addition, these abrasive particles are also used in coated and bonded forms for several applications including polishing, cutting, surface finishing, and grinding. Industries such as construction, automotive, aerospace and industrial are the major end-use areas.

In the automotive industry, this technique is majorly used in coating and paint spraying for surface cleaning and improving anti-corrosion ability and adhesion. Growing emphasis on improved manufacturing processes will prove beneficial to sandblasting media market revenue, since it not only requires higher usage per unit, but also correspondingly impacts demand for value-added higher priced products.

China abrasive blasting media market is among the largest regional segments due to considerable demand across application areas. Health hazards associated with silica as an abrasive material is expected to hamper industry demand. Regulatory bodies such as National Institute of Occupational Safety & Health (NIOSH) and Occupational Safety and Health Administration (OSHA) have formed guidelines addressing many aspects of abrasive blasting including parameters such as proper airline length, and quality of breathing air provided to the abrasive blasting respirator.

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Key insights from the report include:

  • Aluminum oxide abrasive blasting market accounted for over 10% of the industry share in 2015 and is forecast to grow at 7.2% CAGR from 2016 to 2023. It is preferred for specialized applications in which a particular surface finish is required that justifies the extra cost.
  • Steel shot and grit are expected to gain significant industry share from 2016 to 2023 owing to extensive usage in the blast cleaning sector for the removal of mill scale, and paint and rust from steel surfaces.
  • Silica sandblasting media market share dominated global consumption in 2015. This demand primarily originates from Asia Pacific, where the material finds extensive use due to absence of regulations similar to those seen in key European countries, as well as lower price point compared to alternative materials.
  • Asia Pacific sandblasting media market share was over 45% in 2015. Significant durable goods sector and growing infrastructure spending is favorable for the region.
  • Key industry participants comprise Barton International, Harsco, ABShot Tecnics, Crystal Mark, Washington Mills, Opta Minerals, TriVitro Corporation, U.S. Silica Holdings, etc.

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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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Thermoplastic Polyolefins (TPO) market size worth $4 billion by 2023: Global Market Insights, Inc.

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Thermoplastic polyolefins (TPO) market size is set to reach USD 4.08 billion by 2023, as per the latest research report by Global Market Insights, Inc.

U.S. Thermoplastic Polyolefins Market size, by application, 2012-2023 (Kilo Tons)

U.S. Thermoplastic Polyolefins Market size, by application, 2012-2023 (Kilo Tons)
Increasing market penetration of TPO across medical applications is anticipated to drive market over the forecast period. Automotive application segment was dominant accounting over 70% of global share in 2015. Drifting focus towards reducing overall weight of automobiles will drive product demand. Also, stringent government regulations on account of reducing carbon emissions will assist industry penetration.

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Advancements in Corporate Average Fuel Economy (CAFE) have compelled automobile industry participants to evolve news way for vehicle weight reduction. This may boost polymer applications in this section, which further impact positively on thermoplastic polyolefins market size.

 

Industrial applications should witness over 5% growth up to 2023. Rapid industrialization coupled with increasing per capita disposable income of customers have positively impacted end use sector such as automotive and construction. TPOs are extensively used for residential & commercial roof tops purpose owing to propel thermoplastic polyolefins market from 2016 to 2023.

Central & South America (CSA) is the fastest regional segment, with estimated gains above 7% CAGR. The region is witnessing massive product application in medical and packaging. Thermoplastic polyolefins are fastest growing members of thermoplastic elastomers family which has been gaining adoption on account of its superior properties such as light weight and thermal resistance, compared to other materials.

Key raw material, propylene and ethylene, are correlated with crude oil index. Crude oil price idex correction over the forecast timeframe may affect thermoplastic polyolefins market price trend. Rubber and reinforcing polymers are also used in manufacturing process.

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Key insights from the report include:

  • U.S. thermoplastic polyolefins market size, was largest regional industry in North America. Medical and packaging applications are likely to be the fastest growing segment in the region over 6% growth.
  • Enormous construction spending coupled with booming automobile sector in this region will propel Asia Pacific TPO market size. Japan thermoplastic polyolefins market size generated over USD 305 million in 2015 with more than 7% growth.
  • Europe thermoplastic polyolefins market, led by Germany, Italy, UK and France, will surpass USD 1 billion revenue by 2023. Increasing usage of thermoplastic polyolefins replacing conventional thermoplastics and elastomers across medical and packaging is likely to positively impact on product demand.
  • Automobile application in Germany could be valued at over USD 105 million in 2023. TPO finds application across medical & packaging. Growing healthcare expenditure on account of increased consumers awareness will drive demand. These are used in packaging materials which are primarlily subjected to refrigeration.
  • Global thermoplastic polyolefins market share is competitive. Key companies include A. Schulman, Dow chemical, Arkema S.A, Sumitomo Chemical, and ExxonMobil, SABIC, DuPont, INOES, LyondellBasell, S & E SpecialtyPpolymers, Polisystem UK, Saudi Aramco, and RTP.
  • Dow Chemical and LyondellBasell are integrated forward along the value chain to develop fabricated TPO compounds.

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Biocides Market size worth $12 billion by 2022: Global Market Insights, Inc.

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Biocides Market size is expected to reach USD 12.01 billion by 2022; according to a new research report by Global Market Insights, Inc.

Central & South America biocides market share, by product, 2012 – 2022 (USD Million)

Central & South America biocides market share, by product, 2012 - 2022 (USD Million)
Increasing waste water treatment system coupled with stringent environmental regulations will drive global biocides market size growth. Increased health awareness related to bacterial growth and pathogens particularly in Asia Pacific and Latin America will stimulate product growth.

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North America, led by Mexico, Canada and U.S biocides market size, dominated demand, with U.S. set to surpass USD 3.7 billion by 2023.  may boost product demand paints & coatings applications. U.S government has invested significant amount of revenue to infrastructural development factor which may drive paints & coatings demand. VoC emission norms have led to paint manufacturers focusing on low emission formaldehyde free products. However, low emission paints are more susceptible to microbial activity which may promote biocides market size growth in paints to curb their activity.

Halogen compound based biocides market size dominates the product landscape, with growth set at 4.7% by 2022. Increasing application scope in municipal and industrial waste-water treatment with cooling systems has led to slower market growth owing to stringent regulations regarding halogen emissions. Halogen compounds are deployed as biocides in light of easy availability and low cost.

Oil & gas applications are likely to witness strong gains, with strong O&G exploration & production indicators providing significant growth opportunities. Primary uses include optimizing production rates, curb corrosion, and keep away functional fluids from getting spoiled. Storage areas and wells have certain bacteria that produce hydrogen sulfide which can be flammable and explosive.

Stringent regulation regarding product authorization before placing an order along with active substances such as carcinogens, mutagens and reprotoxic substances may hinder demand and affect biocides market price trend. In the U.S., biocides are regulated under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA). This act aims at providing federal control over distribution, sale and use of all pesticides.

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Key insights from the report include:

  • Growth in healthcare industry owing to technology advancement and low cost medical facilities is expected to fuel phenolic biocides demand in APAC.
  • Copper biocides market size may surpass USD 1.75 billion by 2022 with expected gains at above 4.5% CAGR.
  • APAC personal care application may witness significant gains and surpass USD 550 million by 2022. Increasing application scope to inhibit fungus & bacteria growth to improve self-life of liquid soap and shower gels may drive product demand in APAC.
  • China organic acid based biocides are expected to witness above industry growth at 7.5% CAGR and surpass USD 170 million by 2022. Germany biocide market demand for HVAC applications is poised to exceed USD 25 million by 2022.
  • Wood preservation application market share is set to grow at 4.5% CAGR up to 2022. Furniture industry growth in India and China on account of positive housing sector outlook at domestic level is expected to have a favourable impact on biocides market.
  • Organosulfur market share in Brazil is set to grow at over 5.8% CAGR by 2022. Global biocides market share is concentrated. Ashland, Troy, Dow, Arch Chemicals and Thor Specialties are among notable industry players. Other participants include BASF, AkzoNobel, Lanxess, Albemarle and Champion Technologies.

Wastewater treatment chemicals market size is estimated to be worth more than USD 35 billion by 2023, growing at a CAGR of approximately 5.5%.

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Wastewater treatment chemicals market size was valued at over USD 22 billion and is estimated to be worth more than USD 35 billion by 2023, growing at a CAGR of approximately 5.5%.

U.S. wastewater treatment chemicals market size accounted for more than 35% of the total volume in 2015. Asia Pacific was around 9 billion in 2015 and is expected to reach approximately 15 billion by 2023, with estimated gains of more than 7.5%. China and India are likely to fuel demand owing to high population density and industrialization growth.

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Key chemicals include coagulants & flocculants, corrosion & scale inhibitors, pH adjusters, biocides & disinfectants, chelating agents, softeners, and anti-foaming agents. Coagulants & flocculants market size was valued at over USD 8.5 billion in 2015 and accounted for more than 25% of the total volume. It is expected to reach around USD 15 billion by 2023, with estimated gains of 5%.

Corrosion & scale inhibitors market is anticipated to witness significant growth due to optimum efficiency in maintaining correct water conditions, specifically for cooling systems. pH adjusters is likely to gain popularity owing to prevention capabilities pertaining to wastewater bacteria.

Processed or raw water is used in various applications including washing, cooling, and processing in several manufacturing industries such as pharmaceuticals, pulp & paper chemicals, metal & mining, power, semiconductors, oil & gas, and textiles. These industries are the major water pollution contributors. Increasing contamination owing to rapid industrialization accompanied by water scarcity has lead to stringent government regulations, which is likely to be the key driving factor for the industrial wastewater treatment chemicals market.

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Water consumption is consistently increasing with rapid urbanization and economic development in emerging countries. Water quality relies on various parameters such as hardness, pH, TDS (Total Dissolved Solids), and alkalinity. Water treatment chemicals are used to eliminate water impurities. These chemicals are also used to treat municipal water including cleaning and drinking water. The industrial sector needs water for washing, cooling, and processing.

Europe wastewater treatment chemicals market share is anticipated to grow at a significant rate due to increase in end-use industries such as pharmaceuticals, food & beverages and refineries. Middle East & Africa is expected to be an attractive wastewater treatment chemicals market owing to water scarcity, insufficient water structure, and outbreak of water-borne diseases such as cholera.

End-use industries include municipal and industrial segment. Industrial segment is bifurcated into textiles, power, oil & gas, semiconductors and pulp & paper. Oil & gas industry is likely to witness high growth owing to its large water consumption during exploration and processing. Demand from the agriculture industry is expected to increase owing to volatile climate and increasing water reusability & recycling trend.

Global wastewater treatment chemicals market share is comprised of Kemira, Kurita, BASF, Air Products & Chemicals, Nalco-Ecolab, AkzoNobel, BWA Water Additives, Ion Exchange, Thermax, Carus Corporation, Hydrite Chemical, The Dow Chemical Company, Lonza Group, and GE Water & Process Technologies.

Waterproofing membrane market size is expected to register USD 9.5 billion by 2022

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Waterproofing membrane market size is expected to register USD 9.5 billion by 2022; as per a new research report by Global Market Insights, Inc.  Strong focus on superior quality and durable construction material is likely to drive demand. Booming construction industry, particularly in Asia Pacific and Middle East, has spurred material technology innovation which is likely to a positive impact on waterproofing membrane market size.

Germany waterproofing membrane market size, by product, 2012-2022 (Million Square Meters)

Germany waterproofing membrane market size, by product, 2012-2022 (Million Square Meters)

Polymer membrane market share dominated the product segment and accounted for more than 45% of the total demand in 2014. Increasing use of these membranes owing to wide availability of raw materials such as PU, PVC and EPDM is anticipated to drive demand. Bitumen is also likely to witness above average growth rate estimated at 6.7% up to 2022.

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Roofing waterproofing membrane market size accounted for 26.9% of the total volume in 2014. Building structures are likely to witness significant gains at 7.1% from 2015 to 2022. Fluctuating polypropylene and bitumen price trend is likely to hamper industry profitability. Less knowledge among contractors for using right quality and type of construction chemicals in durable structure application is likely to challenge its growth.

 

Key insights from the report include:

  • Global waterproofing membrane market size was estimated 1.94 billion square meters in 2014 and may reach 3.2 million square meters by 2022 growing at an estimated CAGR of 6.6%.
  • Liquid applied membrane applications were the largest and accounted for 67.2% of the total volume in 2014. Increasing importance of superior performance water repellants available at cost effective pricing coupled with rising infrastructure investments is likely to support demand for this application. Sheet membrane applications are likely to grow at an estimated CAGR of 6.2% up to 2022.Inquire for Buying Industry Analysis Report@
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  • Europe waterproofing membrane market share dominated regional industry and accounted for 35.2% of the total volume in 2014. Positive outlook in construction spending in Eastern European countries such as Russia, Turkey and Poland coupled with programs for waste water management is likely to drive regional growth.
  • Prevention of uneven water precipitation across various regions due to seasonal variation increases the importance of water conservation and waste water management which is likely to support the industry.
  • The global waterproofing membrane industry is characterized by presence of integration of raw material supply and membrane manufacturing steps. Companies operating in this market include Dow Chemicals, BASF, Pidilite, Sika AG and DuPont. Other prominent companies include GAF Materials Corporation, CICO Technologies Ltd, Kemper System America, Inc and , Paul Bauder GmbH & Co. KG.

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Flourishing Shipbuilding Industry in Asia Pacific Drives Demand for Marine Coatings, Global Market to be worth US$11.8 billion by 2020

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The new shipbuilding industry has been experiencing sluggish growth of late. However, rising demand for marine coatings during ship repair and maintenance activities is likely to boost market growth during the forecast period. Marine coatings protect ships from harsh weather conditions and enhance their aesthetics. The marine industry comprises bulk tankers and carriers, cargo ships, cruise ships and container ships. Marine coatings are also considered vital in enhancing the fuel efficiency of a vessel and decreasing the impact on the environment.

 

Based on the types of products, the marine coatings market has been classified into anti-fouling, anti-corrosion, foul release coatings and self-cleaning coatings, among others. Anti-fouling coatings have been dominating the global marine coatings market over the last few years. These coatings are primarily consumed during ship repair and maintenance activities. Anti-fouling coatings offer protection to the surface from fouling organisms. Increase in ship repair and maintenance activities in various regions across the globe is projected to boost the demand for anti-fouling coatings during the forecast period. In terms of volume, the anti-corrosion coatings segment was ranked second in the maritime industry in 2013. Anti-corrosion coatings are majorly applied during new shipbuilding activities. These coatings offer protection to the surface from abrasion, corrosion and impact. Foul release coating is one of the popular marine coatings in the maritime industry. Foul release coatings are biocide-free and environmentally compatible. Demand for other marine coatings such as self-cleaning and self-polishing coatings is likely to be stable during the forecast period.

 

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High demand for marine coatings in Asia Pacific, especially due to the emergence of China as a major player in the shipbuilding industry, is driving the marine coatings market in the region. Need for fuel-saving and low emission coatings are factors driving the growth of the marine coatings market over the past few years. Growth in the shipbuilding industry in India, Vietnam and the Philippines is expected to provide large opportunities for players in the marine coatings market during the forecast period. However, volatility in prices of raw materials is projected to hamper market growth during the forecast period.

 

Coastal applications accounted for the largest demand for marine coatings in 2013. Marine coatings protect ships and vessels from corrosion and fouling organisms. Coastal applications require higher protection during the shipbuilding and repair and maintenance stages. Deep sea applications have been experiencing the second-highest demand for marine coatings over the past few years and accounted for over 24% of the market share in 2013. Containers and offshore vessels were among the major applications of marine coatings in 2013. Demand for marine coatings in containers and offshore vessels is rising due to increasing marine trading and logistics activities. Leisure boats is anticipated to be among the fastest growing segments for marine coatings during the forecast period. Other applications for marine coatings comprise icebreakers, cargo holds and riverboats.

 

Asia Pacific accounted for the highest demand of over 64% of the global marine coatings market in 2013. Demand for marine coatings in the region is high due to the vast shipbuilding industry in countries such as China, South Korea and Japan. In terms of demand, Asia Pacific was followed by Europe in 2013. Demand for marine coatings in Europe is growing due to increasing demand during ship repair and maintenance activities. North America is expected to experience sluggish demand for marine coatings during the forecast period. Rest of the World is likely to exhibit potential growth for marine coatings in the next few years. Growth in the maritime industry in Brazil, Saudi Arabia and South Africa has been a key factor for increasing demand for marine coatings in the region.

 

Companies such as Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Chugoku Marine Paints Ltd. and Sherwin-Williams Company are the major manufacturers in the marine coatings market.

 

The global marine coatings market is segmented as follows:

 

Marine Coatings Market – Product Segment Analysis

 

  • Anti-fouling coatings
  • Anti-corrosion coatings
  • Foul release coatings
  • Others (Including self-cleaning coatings, etc.)

 

Marine Coatings Market – Application Analysis

 

  • Coastal
  • Containers
  • Deep sea
  • Leisure boats
  • Offshore vessels
  • Others (Including icebreakers, etc.)

 

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Dynamic positioning systems market – Global industry analysis & forecast 2022

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Dynamic positioning systems are computer driven system which automatically maintain a vessel’s heading and position with the help of its own thrusters and propellers. It allows a vessel to automatically maintain its balance. Vessels installed with dynamic positioning systems have ability to operate with reliability, positioning accuracy, and safety. Due to which, such systems have been successfully accepted worldwide across various industries and the international maritime organizations such as General Electric Co. and Marine Technologies LLC. However, the deployment of these systems might be restricted due to the previously installed subsea structures on the seabed. But, for certain deepwater production and exploration scenarios, dynamic positioning operated vessels might be the only viable solution due to the length and depth of mooring lines required.  Dynamic positioning system includes position reference sensors, combined with motion sensors, wind sensors, and gyrocompasses which provide information to the computer system about the position, magnitude and direction of environment forces in order to maintain vessels position and balance. The dynamic positioning system is also used in combination with mooring and anchoring to form position mooring systems for energy efficiency.

The dynamic positioning system market has been experiencing accelerated growth in recent years due to increase in number of dynamic position vessels like survey vessels, drilling ships, supply vessels, diving support vessels and many more. Moreover, technological improvement and usage of dynamic positioning vessels for offshore drilling by oil industries is also boosting the demand of dynamic positioning systems. But at the same time, lack of competent dynamic position operators and system complexity is restraining the market growth. In addition, installation and operation of a dynamic positioning system are major challenges restraining the DPS market growth. Application of dynamic positioning system in floating production storage and offloading vessel operations creates new opportunities to the dynamic positioning system manufacturer. It is also expected that advancements in the usage of condition-based monitoring systems as a part of vessel maintenance strategies would shape and influence the dynamic positioning system market.

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The dynamic positioning systems market has been segmented by sub-system, by reference system, by equipment type, by application and by region. In terms of the equipment type, the dynamic positioning system market is segmented into equipment class 1, class 2 and class 3. The sub-system segmentation covers thruster systems, power systems, sensors and dynamic positioning control systems. On the basis of reference system, the market is segmented into Artemis, taut wire, differential global positioning system hydro acoustic position reference, and laser based systems. The market is also segmented on the basis of applications, such as merchant vessels, passenger ships, naval vessels, and offshore vessels. Based on the geographic regions, the dynamic positioning systems market is categorized into Latin America, Europe, Middle East and Africa, Asia-Pacific (APAC), and North America. The increasing deep-sea excavations and the rising maritime trade with the Asia-Pacific and Africa regions is boosting the market growth. Moreover, safety operations across deep ocean waters during offshore oil and gas operations is accelerating the demand for dynamic positioning systems in Asia-Pacific region.

 

Some of the key players in dynamic positioning systems market are Rolls-Royce PLC, Marine Technologies LLC, Kongsberg Gruppen ASA, L-3 Communications corp., General Electric Co.,NORR Systems Pvt. Ltd., Navis Engineering Oy, AB Volvo Penta, and Praxis Automation and Technology B.V.

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Worldwide refractories market: Facts and analytical insights 2015 to 2021, PMR report

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Refractories are non-metallic materials that have property to retain its structure even at high temperatures of above 1000 °F. Refractories are used in linings of furnaces, incinerators and reactors in many of the industries. Refractories find application in vessel lining construction of unshaped products, prefabricated elements and bricks in the industries. The key end-user industries for refractories include iron and steel, non-ferrous metals, non-metallic minerals; and non-metallic materials such as glass. Multiple refractory layers and additional insulation materials are necessary to protect the steel structure in the furnaces from aggressive processing conditions. Iron and steel was the largest end-user industry for refractories accounting for about 75% of total market in 2013.

The growth of end-user industries and the increasing demand for high performance furnaces has been driving the global refractories market. However, due to increasing equipment efficiency, the refractory consumption of the end-user companies has been declining. The expansion of iron and steel companies in terms of acquisition of new raw material sites or increasing the number of processing plants are generating new demands for the refractories market. The global glass market is growing at fast pace due to its increasing demand from construction and corporate sectors. Refractories consumption per ton of the processed metal varies across the countries. For instance, Japan consumes about 10 kilograms of refractories per ton of steel, whereas with 23 kg/ton, it is very high in case of China.

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There are basically two categories of refractories in terms of form type namely bricks and shapes and monolithic. The bricks and shapes was the largest refractories segment in 2013 by form type, however, monolithic segment is expected to grow at a higher rate during 2014-2010. In terms of materials type, refractories can be classified into clay and nanoclay. Clay was the largest and fastest growing segment in the refractories market. The total global production of refractories in 2012 was observed to be 45.7 million tons and it is expected to cross 55 milion by 2020. The refractories industry in the recent few years have been observed engaged in some serious research and development which is also being in the development of new generation of refractories termed as Eco Refractories. These types of refractories will be used in furnances for alternative energy production including solar, wind, tidal, geothermal, hydrogen, nuclear and biomass.

Asia Pacific was the largest market for refractories market in 2013 followed by Europe. China was the largest producer and consumer of refractories in Asia Pacific in 2013. China is also the one of the largest supplier of refractories raw materials such as refractory bauxite, magnesia, graphite, brown fused alumina and silicon carbide. The high rate of infrastructural development and growing consumer goods such as automobiles in the country is increasing the demand for iron and steel leading to the growth of refractories market in the country.

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The key companies in the refractories market include RHI AG, ANH Refractories Company, Calderys SA, Wugang Refractory Company Limited, Saint Gobain SA, Refratechnik Holding GmbH and Krosaki Harima Corporation.

 

Key geographies evaluated in this report are:

 

  • North America
  • S
  • Canada

 

  • Europe
  • France, Germany, Italy, Spain, and the UK
  • Eastern Europe
  • CIS
  • APAC
  • China
  • India
  • Japan
  • Australia
  • Others

 

  • Latin America
  • Argentina
  • Brazil
  • Others
  • Key features of this report

 

  • Drivers, restraints, and challenges shaping the Refractories market dynamics
  • Latest innovations and key events in the industry
  • Analysis of business strategies of the top players
  • Refractories market estimates and forecasts(2015 -2021)

 

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Structural health monitoring – A safety measure for critical architectural structures; Global industry analysis 2016 – 2023

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Structural health monitoring is an important tool for engineers to assess the safety of critical architectural structures. Structural health monitoring systems comprise of a number of sensing technologies with an integrated measurement controller to capture and analyze a vast amount of real-time data. These systems are designed to monitor as well as test the health and performance of structures such as buildings and stadiums, bridges and dams, air frames, wind turbines, vessels and platforms, and large machinery and equipment. The common measurements in structural health monitoring include vibration and strain that are measured through various sensors, data acquisition systems, and hardware and software solutions.

Rapid expansion of the infrastructure sector has fueled the demand for structural health monitoring. Structural health monitoring can be classified into portable testing and continuous monitoring. While portable testing systems are installed temporarily to analyze the current condition of a structure and its components, continuous monitoring systems are collect ongoing information about the health of a structure. In terms of technology, the global structural health monitoring market has been categorized into wired and wireless structural health monitoring systems. Wireless structural health monitoring systems offer ease and convenience and hence, are more in demand. Market players are focusing on addressing the compatibility issues between different structural health monitoring sensors.

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The wireless sensors have also different operational mode, transmission bandwidth, and real-time ability variance. Research activities are being carried out to understand the difference between the energy consumption requirements of different applications in structural health monitoring to develop next-generation wireless sensors. Currently, the various sensors used in structural health monitoring include piezoelectric vibration, dip angle, optical fiber strain, resistance strain, acoustic emission, and stress measurement sensors.

Global Structural Health Monitoring Market: Overview                      

The growing demand for cost-effective infrastructure maintenance has propelled the growth of the global structural health monitoring market. Increasing concerns about uncertain natural calamities such as earthquake have led governments across nations to implement various regulations regarding structural health monitoring. For example, countries such as Japan and Indonesia are prone to earthquakes and hence, structural health monitoring across these regions is high in demand to ensure public safety. All these factors are expected to boost the growth of the global structural health monitoring market.

However, the high cost of structural health monitoring system is anticipated to restrain the market’s growth during the forecast horizon. Management of huge amount of data, along with the dearth of experts to address the technical and operational issues in integrating the system will also negatively affect the growth of the market.

Global Structural Health Monitoring Market: Region-wise Outlook                                        

 

The global structural monitoring market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. High technological advancements and awareness about structural health monitoring across North America and Europe have contributed towards the growth of the market. In the coming years, Asia Pacific is expected to grow significantly due to the rapid growth of the construction sector and the introduction of government regulations regarding structural health monitoring of newly built architectural structures in countries such as China.

Some of the key players in the global structural health monitoring market are Geokon Incorporated, COWI A/S, Digitexx Data Systems Inc., Advitam, CTLGroup, Acellent Technologies Inc., and Exponent Inc. The key players are investing hugely

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The next generation of offshore support vessels; evolutions and innovations in platform supply vessels industry analysis by 2023

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Transparency Market Research’s new market study, titled “Offshore Support Vessels Market – Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2015 – 2023,” presents a qualitative and quantitative analysis of the global offshore support vessels market for the 2015-2023 period. The report delves into the socioeconomic and political reasons for the expansion of offshore exploration across North America, Europe, Asia Pacific, and Rest of the World in this period.

The report states that increased offshore activities for oil and natural gas exploration and increasing investments for the development of supporting infrastructure are bolstering the offshore support vessels market. The utility of offshore support vessels lies across several functions. These are drilling rigs, offshore pipe laying, and oil production platforms for exploration and production activities. Offshore supporting vessels are also used for logistics facilities and other supporting activities in offshore exploration.

Offshore support vessels (OSV) are of various types and proffer various features as needed for individual operation. Due to this, these vessels are resourceful and fundamental elements of the oil and gas industry. Some other uses of these vessels are as a transport facility, in addition to providing support for anchoring, plat forming, and vessel standby needs. These vessels are also frequently used for transporting crew members to offshore sites.

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In the coming years, Asia Pacific will exhibit an enormous demand for offshore vessels. This is because of the increased crude oil and natural gas exploration activities in the Southeast Asia. Apart from Southeast Asia, the increasing offshore E&P in countries such as China and Australia also benefits the global offshore support vessels market. This will result in large growth opportunities for offshore support vessel manufacturers.

With high investments in offshore exploration in the Gulf of Mexico, the North Sea, and West Africa, the offshore support vessels market will receive a boost. North America and South America will contribute significantly to the revenue of the global market in the coming years. The Middle East will be the leading regional market for offshore support vessels during the forecast period.

Other macro factors that are prompting growth of the offshore support vessels market are high energy demands, robust demand for OSV, and increasing offshore exploration as onshore reserves near exhaustion. The increase in the offshore rig count and an increase in the demand for marine logistics are other factors propelling the global offshore support vessels market.

Top players in the global offshore support vessels market are Intermarine LLC, Gulfmark Offshore Inc., Island Offshore Management AS, Abdon Callais Offshore, Bourbon Offshore Marine Services, Edison Chouest Offshore, Havila Shipping ASA, Harvey Gulf, Farstad Shipping ASA, Bass Marine Pvt Ltd., Rem Maritime As, and China Yantai Salvage, among others.

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Marine fuel management market: Increasing bunker fuel prices and stringent environmental rules – primary drivers to the growth

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Marine fuel costs represent a major portion of vessel operating costs. Escalating marine fuel oil prices and strict environmental norms has led to the need for efficient marine fuel management. This leads to increased focus on making the ship more energy efficient by monitoring fuel consumption. Many global environmental agencies have enforced emission standards related to marine fuels; mapping of emissions in designated areas is also a part of fuel management. Marine fuel also known as bunker fuel is heavier distillate product obtained after a vacuum distillation process in refineries. This fuel oil is thick & heavy and thus it needs to be maintained at a proper temperature to control the viscosity.

Efficient fuel monitoring and viscosity control is a major part of marine fuel management. The global marine agencies have declared many areas as emission controlled areas where the limit on sulphur emissions is kept very low. In these areas the heavy fuel oil needs to be switched with another blend of light fuel oil, leading to the need of fuel management system. Ship owners across the globe are now focusing on effectively curbing the fuel costs in this competitive market and an effective marine fuel management system provides an ideal solution to this market scenario.

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Marine Fuel Management: Drivers

The increasing bunker fuel prices and stringent environmental rules are the primary drivers to the growth of marine fuel oil management system market. The quality of marine fuels needs to be properly monitored at the time of fueling the ship. The specifications and grade of fuel oil required by the ship engine have to be carefully tested before starting the fueling process. Many new technologies such as Coriolis flow meters are now being adopted by many bunker suppliers and port authorities for fuel oil measurement while fueling the ship. The ISO has fixed specifications for marine fuels supplied worldwide. Efficient blending of different grades of fuel oil to obtain the desired category of marine oil requires the need of fuel oil management system. The additional costs required for installing this equipment and the salaries of the required management staff act as restraints for adoption of this system.

The marine fuel oil management system can be broadly segmented on the basis of monitoring solutions. The monitoring techniques are fuel metering, viscosity control, fuel switching and shaft metering. Fuel monitoring systems are used in measurement of consumption patterns of every engine for different fuel categories and viscosity controllers monitor the viscosity and density of the heavy fuel oil before it enters the engine. Fuel switching system is an effective method of emission control in different areas which enables convenient switching between different grades of fuel oil. On the other hand shaft metering equipment are placed on the shaft to monitor the thrust and torque delivered by the engine of the ship.

Marine Fuel Management: Regional Insight

Europe is the center for the shipping and bunker fuel market. The major shipping corporations, bunker suppliers and traders are located in Europe. Thus this region provides opportunities for the demand growth of these monitoring systems. The growing Asia Pacific economy and the increasing trade through shipping routes also provides an opportunity for this market segment. Singapore and China are investing huge amounts in this market. Many ship owners and port authorities in these regions have started to invest in these systems to compete in the changing market scenario.

The major players competing in this market are Emerson Process Management, Aquametro AG, Guard Level, FuelTrax and Equatorial Marine Fuel Management.

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