Chemical Planet

Growing health concerns regarding trans-fat consumption has driven consumer preference towards saturated fats, such as palm oil, that contain antioxidants and other nutrients. The UAE Palm Oil Market is expected to reach USD 467.1 million by 2025, according to a new report by Grand View Research, Inc. Increasing demand for high-quality food products from tourists as well as local consumers has driven its demand. Its fractions and derivatives are also widely utilized as alternatives for expensive bakery fats and vegetable oils including groundnut, coconut & sunflower. Additionally, food & beverage processors are increasingly opting for the product owing to its high availability, lower cost & high yield in limited cultivation space. Crude palm oil (CPO) emerged as the dominant product category in 2015 with over 90% market share. Volatile petroleum prices along with rising awareness regarding sustainable energy & raw material source have boosted the demand for ine...

Growing demand for this product in detergents, dishwashers, and food ingredients is expected to be the major driver of the market over the forecast period. The Global Glucaric Acid Market is expected to reach USD 1.30 billion by 2025, according to a new report by Grand View Research, Inc. A ban on the use of phosphates in detergents, particularly in North America and Europe, has resulted in the emergence of glucaric acid as its substitute in this application. It is primarily made of glucose, which is organic in nature and does not affect the environment. Glucaric acid can be used either in its pure form or as a derivative. Pure glucaric acid was the most widely used product in 2016. Increased efficiency and easy availability of pure glucaric acid as compared to derivatives such as calcium D-glucarate and D-glucaric acid-1,4-lactone were some of the major factors boosting its demand. Asia Pacific is expected to witness the highest demand for glucaric acid over the next eight ye...

Increasing demand for high-quality surfactants and emulsifiers due to increased usage of personal and household care products in emerging economies such as Asia Pacific is excepted to steer the market growth in the near future. The Global Fatty Amines Market is anticipated to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc. Fatty amines market growth is mainly depended on the end-use industries. The U.S. fatty amines market in water treatment chemicals application was valued over USD 52 million in 2016. Growing awareness regarding recycling and reusing polluted water due to water scarcity is anticipated to steer product demand in the region. Multinational companies such as Kao Corporation, Ecogreen Oleochemicals, Huntsman International, and Dow Chemical Company are integrated across the value chain, from raw material processing and fatty amine production to distribution of end products. These companies have the advantage of captive consumpt...

The increasing cases of obesity and growing demand of MCT products in the cosmetics industry are projected to drive the demand over the forecast period. The Global Medium Chain Triglycerides Market is expected to reach USD 2.46 billion by 2025, according to a new report by Grand View Research, Inc. The global industry is expected to witness a growth owing to its use as an excipient, which acts as a carrier or suspension medium for oil soluble antibiotics and drugs. Its applications as an antibacterial, antiviral or antifungal medicine and its ability to decrease cardiovascular disease and mortality risk are expected to drive the MCT market. Dietary and health supplements segment accounted for 59% of total demand in 2016 and is anticipated to gain share over the forecast period. The growing popularity of MCT oil among health-conscious population owing to its properties like improving metabolism, fat burning and providing energy is expected to steer the global market. North Amer...

Rapidly expanding textiles industry in emerging nations, including India and China has been a major factor driving market growth. In addition, increasing environmental concerns coupled with volatile prices associated with conventional fabrics has also spurred their adoption in the global market. The Global Eco Fiber Market is expected to reach USD 93.27 billion by 2025, growing at a CAGR of 12.1%, according to a new report by Grand View Research, Inc. The revolution regarding usage of sustainable products in the textiles industry started in early 1990’s, when the companies and communities across the globe started taking interest in green movement. Key garments manufacturers started developing environmental-friendly products such as bamboo fibers, biodegradable detergents and paper as well as organic cotton, produced from controlled usage of chemicals and pesticides; and fertilizers. To Know More About Eco Fiber Market Please Visit Us @ https://www.grandviewresearch.com/industr...

The market is expected to witness a CAGR of 6.9% over the forecast period, Owing to increasing product penetration in construction and automotive application to replace high VOC emitting solvent based coatings is likely to drive industry growth. The Global Green Coatings Market is expected to reach USD 209.2 billion by 2025, according to a new report by Grand View Research, Inc. Strong foothold of the existing players, extensive product offerings and wide geographical reach is expected to be the key barrier for the emerging manufacturers. The majority of the industry players are integrated across the value chain in order to reduce their dependency on the raw material suppliers and increase profitability. Waterborne technology dominated the industry in 2016 and is likely to grow at a CAGR of 6.8% from 2017 to 2025 owing to its rising consumer preference towards environmental friendly products in architectural and automotive applications. Asia Pacific accounted for 33.4% of over...

The increasing demand for bio-polyamides from the automotive, electronic & electrical, and textile industries is projected to drive the market in the next few years. The Global Bio-Polyamide Market is anticipated to be valued at USD 327.3 million by 2025, according to a new report by Grand View Research, Inc.   Reduction in the carbon footprint is a major factor that has contributed to the extensive use of eco-friendly products in various sectors. The superior properties of bio-polyamides, such as their high chemical resistance, low moisture absorption, excellent mechanical properties, and high thermal stability, have driven their usage in various applications as compared to their petrochemical-derived alternatives. Legislation pertaining to the use of renewable products in Europe and North America along with the increasing awareness about the environmental degradation caused by the extraction of petroleum derivatives are expected to propel the bio-polyamide market ove...

Rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing consciousness regarding the environment and cheaper price of PSF as compared to that of cotton have increased the utilization of PSF in the global market. The Global Polyester Staple Fiber Market is expected to reach USD 39.3 billion by 2025, growing at a CAGR of 6.3%, according to a new report by Grand View Research, Inc.   Polyester staple fiber is lightweight, wrinkle-free, and resistant to light and weather. It also has an ability to withstand extreme climatic conditions. It is used as a key element in various end-use sectors, including apparel, home furnishing, construction, and automotive, which is expected to drive market growth over the forecast period. Rising product demand, owing to its long-term effectiveness, high elastic resilience, tenacity, and eco-friendly nature of PSF, is also expected to boost market growth over the next eight years. Solid PSF wa...

Rise in demand for bio-based polypropylene can be attributed to focus on sustainable plastics in the food and beverage industry. The Global Bio-Based Polypropylene Market is expected to reach USD 50.7 million by 2025 at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Bio-based polypropylene is anticipated to register higher penetration in the automotive industry due to heightening need to reduce overall weight of automobiles. Multiple political and government initiatives are being undertaken for the reduction of greenhouse gas (GHG) emissions and carbon footprint. In addition, major automobile manufacturers are focused on deploying materials that increase fuel efficiency of automobiles, which is expected to drive market growth over the forecast period. This industry benefits from the presence of several regulations promoting the use of low-weight materials across applications. In addition, the adoption of international concords including the Kyoto and Mo...

The superior chemical, physical and mechanical properties of synthetic fibers are further expected to propel the demand over the forecast period. The Global Synthetic Fiber Market is expected to reach USD 88.5 billion by 2025, according to a new report by Grand View Research, Inc. In terms of revenue, polyester was the largest segment in 2016 and the trend is anticipated to continue at a growth rate of 6.3% over the forecast period. The useful chemical properties such as resistance to moisture, chemical and abrasion are expected to boost the demand among the consumers over the forecast period. Polyester has been extensively used in clothing applications on account durability, wrinkle and stain resistance. The polyester when mixed with other synthetic fibers improves the surface appearance as it imparts high luster. Synthetic fiber is used in various applications, such as clothing, home furnishing, automotive, and filtration, as it imparts useful functional properties including...

In 2014, Global Palm Oil Market was valued at USD 61.09 billion. The market is poised for growth owing to the increasing demand from the various end-use industries. Government and other correlated organizations across many countries have taken measures to limit the trans-fat intake over the past few years. Protocols regarding increased utilization of palm oil in the form of biodiesel as well as fuel mixing with bio-based fuel has gained recognition in recent past. Technologies and research & development initiatives to create viable means of production offer immense prospects for the industry participants. Meting out operations to deliver products with a high value offer huge opportunities for growth of global palm oil market over the forecast period. Crude palm oil dominated the global palm oil market accounting for over 75% of the market in 2014. Growing application in surfactants, cosmetics, lubricants, edible oil and biodiesel was responsible for this high market share....

The Global Oleochemicals Market is anticipated to be driven by growing biochemical product demand in various consumer applications such as personal care, detergents, and food & beverages. The Global Oleochemicals Market is projected to reach USD 28.6 billion by 2025, according to a new report by Grand View Research, Inc. Escalating supply-demand gap along with overcapacity issues especially in the Southeast Asian countries such as Indonesia and Malaysia are expected to hinder oleochemicals market growth over the forecast period. Technological innovations and significant developments in the downstream sectors are expected to create lucrative opportunities for industry participants. Fatty acids were the leading oleochemical product consumed and accounted for over 55% of total market volume in 2016. Increasing penetration of fatty acids in personal care products is expected to drive this segment over the forecast period. Glycerol is expected to witness the highest growth of 5...

There has been an increasing shift toward natural and organic products owing to consumer awareness regarding the ill effects of synthetic ingredients. This has forced manufacturers to shift focus from synthetic to natural products. The Global Biotech Ingredient Market size is expected to reach USD 2.57 billion by 2025 at an 8.0% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Both flavors and fragrances can either be naturally derived or synthetically made. Natural ingredients comprise essential oils, oleoresins, and other plant extracts. These oils are generally extracted using four major techniques: steam distillation, solvent extraction, cold pressing or compression, and carbon dioxide extraction. Synthetic variants consist of aroma chemicals such as esters, alcohols, and phenols obtained through chemical synthesis. However, availability of raw materials has been limited owing to unpredictable weather conditions during crop season, su...

The market is projected to record a CAGR of 3.5% during the forecast period. Increasing product penetration in the aroma chemicals is anticipated to fuel the business growth. Product demand across varied applications including aroma chemicals, personal care, and home care products is expected to drive the market. The Global Crude Sulfate Turpentine Market size is expected to reach at USD 806.2 million by 2025, according to a new report by Grand View Research, Inc. Increasing preference towards bio-based products owing to superior advantages over synthetically-derived products will further augment the demand over the estimated period. Major industry participants are focusing on procuring sustainable feed stock and implementing effective production process. They are shifting towards high bio renewable content products to ensure superior performance across end-use applications. Solvents manufacturer implementing carene as ingredient are targeting chemical processing, paints, adhe...

Increasing use in cosmetic formulations is a key driving factor for industry growth. The Global Coenzyme Q10 (CoQ10) Market is expected to reach USD 1.36 billion by 2024, according to a new report by Grand View Research, Inc. CoQ10 exhibits antioxidant properties and energy generation characteristics targeting skin repair. It emerged as the largest consumer accounting for over half of the total volume in 2015. Aging population and resulting demand for ant-ageing products to further drive growth. Asia Pacific is poised to be the fastest growing regional market on account of expanding industrial base with most of the manufacturing companies opening plants in China and growing major end-use industries such as pharmaceutical and dietary supplements. Latin America would follow Asia Pacific in terms of growth. The growth can be attributed to increasing use as a dietary supplement and ailment of diverse diseases. To Know More About Coenzyme Q10 Market Please Visit Us @ https://w...

Increasing wine consumption in Asia Pacific and Latin America is expected to remain a key factor driving tartaric acid market growth over the forecast period. The Global Tartaric Acid Market is expected to reach USD 425 million by 2020, according to a new study by Grand View Research, Inc. Increasing tartaric acid consumption as anti-oxidant and taste enhancer in food products is also expected to have a positive impact on the market growth. Tartaric acid prices witnessed slump during 2009 to 2010 mainly due to economic recession in U.S. and debt crisis in Europe. The prices recovered there after due to high tartaric acid demand from emerging markets. Tartaric acid prices are projected to remain stable over the forecast period which is expected to benefit the market in terms of revenue. Wine was the largest application segment and accounted for 33.6% of the total market volume in 2013. Tartaric acid is widely used in wine applications as a preservative, pH level reducer and tar...

Increasing convenience food demand coupled with growing middle class per capita disposable income in Asia Pacific and Latin America is expected to drive the global fumaric acid market over the forecast period. The Global Fumaric Acid Market is expected to reach USD 764.8 million by 2020, according to a new study by Grand View Research, Inc. Introduction of ethnic and exotic flavors by food & beverages manufacturers is also expected to prompt demand growth. Stringent environmental regulations in order to reduce greenhouse gases (GNG) emission is expected to remain a key challenge for market participants. Food & beverages was the leading application segment and accounted for 34.3% of the total market volume in 2013. Fumaric acid is used as an acidulant in food & beverages owing to its properties such as micro-organisms growth controller, pH modifier and flavor enhancer. Food & beverages is also expected to witness the highest growth rate of 7.0% from 2014 to 2020...

Growth of oil & gas industry is expected to be one of the primary factors driving xanthan gum demand over the forecast period. The Global Xanthan Gum Market is expected to reach USD 987.7 million by 2020, according to a new study by Grand View Research, Inc.   Increasing use of xanthan gum as an emulsion across a wide array of applications including salad dressings, toppings, relishes, sauces, non-fat milk, dairy products, baked and frozen foods coupled with growth of food & beverage industry is anticipated to augment market growth. Oil & gas and food & beverages together accounted for over 80% of xanthan gum market in terms of volume as well as revenue in 2013. Food & beverages is anticipated to be the fastest growing application of xanthan gum over the forecast period closely followed by oil & gas. Growing population, changing lifestyle of consumers and rising number of restaurants and cafes especially in India and China coupled with increasing us...

Sorbitol is a preferred substitute for sugar in food and beverages owing to lower caloric values and natural sweetening properties. Additionally, increasing health awareness among consumers worldwide is expected to fuel market demand over the forecast period. The Global Sorbitol Market is expected to reach USD 3.99 billion by 2020, according to a new study by Grand View Research, Inc. Cosmetic and personal care was the largest end use application segment, accounting for over 600 kilo tons of sorbitol demand in 2013. Stabilizing, softening and surface active properties of sorbitol are the key reasons for growing use in the above applications. Sorbitol is also used as a preservative and low calorie sweetener in foods and accounted for over 537.9 kilo tons of sorbitol demand in 2013. Liquid sorbitol is the largest used product, accounting for 1,524.7 kilo tons of demand in 2013, mainly due to simplified production process and low cost in comparison to crystal sorbitol. Toothpaste is...

Growing demand for organic face creams, sunscreens, and body lotions among consumers is expected to have a positive impact on the sector over the next seven years. Changing consumer perceptions towards organic products coupled with growing utilization of environmentally sustainable products is expected to fuel product growth over the next seven years. Global Organic Skin Care Market is expected to reach USD 12.58 billion by 2022, according to a new report by Grand View Research, Inc. Growing awareness toward organic products, and changing lifestyle of consumers coupled with and rising consumer disposable income is expected to fuel product demand over the forecast period. In addition, increasing penetration of major players such as Reckitt Benckiser and P&G through new product developments and launches in India, Brazil and China is expected to promote growth over the next seven years. Rising consumer awareness regarding potential impact of organic skin care products on heal...

The global industry is in its nascent stage and is characterized by few industry participants. The Global Ethyl Levulinate Market  is expected to reach USD 11.8 million by 2022, according to a new report by Grand View Research, Inc.   Presence of very few manufacturers gives a competitive edge over new entrants. Industry participants as well as governments have been extensively investing in R&D to develop novel applications as well as cheaper raw materials. Potential applications such as bio-diesel additive are expected to positively impact the market. Prolonged exposure to ethyl levulinate may cause dizziness, eye irritation, lung damage, coma and behavioral changes. Such toxic effects are presumed to expose ethyl levulinate industry to several regulations, thus constricting market growth and development. Several R&D initiatives are being taken by government to come up with cheaper raw material for ethyl levulinate production. This is projected to create ample...

Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. The Global Specialty Ingredients Market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth. Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods whic...

The market is expected to exhibit significant growth owing to increasing use of the product in the pharmaceutical industry for treatment of various skin disorders such as psoriasis, acne, and blemishes. The Global Salicylic Acid Market is expected to reach USD 547.5 million by 2024, according to a new report by Grand View Research, Inc.   In addition, the product is used as an ingredient during the preparation of aspirin. Sali cylic acid acts as an anti-inflammatory agent thus promoting its use as an ingredient in aspirin preparations. The increasing use of derivatives of salicylic acid such as methyl salicylate and chlorine salicylate as a liniment for joint and muscle pain and for relieving pain caused by mouth ulcers is expected to drive the market growth over the forecast period. However, growing awareness regarding the harmful effects of excessive consumption of the compound has led the regulatory bodies such as the Food and Drug Administration (FDA) to enforce string...