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Preventative maintenance made simple

HTL Group Logo - Circle

Controlled bolting equipment manufacturer HTL Worldwide Ltd have released a specialist coating to extend the life of any structure or assembly; HTL Pro-Tect.

Offering complete joint preservation and corrosion prevention, HTL Pro-Tect is suitable for any mechanical and electrical application which is subject to climatic corrosion in any industry sector. With easy application and a life span of up to 25 years, the product will protect all mechanically exposed assemblies in the harshest environmental conditions including subsea.

The high strength nature of the product comes from its silicone base which forms a strong, resilient, and rubberised coating; averting moisture, debris, and water or oxygen ingress, therefore resulting in the workpiece being kept in its “as installed” condition. Non-marine pollutant, or toxic to the environment, HTL Pro-Tect is 100% recyclable.

The external part of any mechanical joint is highly vulnerable to the ingress of debris and moisture which can result in the degradation of bolted joints as well as corrosion damage. Excessive corrosion is hazardous and repair could mean unscheduled downtime for machining, failure and potentially replacement of damaged flanges, gaskets and fasteners.

Supplied as a complete kit with everything needed for application, this product promotes best practice engineering and is a major contribution towards maintaining critical joint integrity.

Easily removed by cutting and peeling back, HTL Pro-Tect is applied and removed as desired. Complete or partial reinstation is a simple secondary application.

Paul Storey, HTL Group Managing Director Comments:

An increasing demand from our client base to protect mechanical joints introduced us to the development and addition of HTL Pro-Tect to our complete portfolio of joint integrity solutions. With an unlimited amount of uses, the product is an essential inclusion for any joint preservation programme to maximise efficiency and cost savings. Additionally what has become clear is the unlimited potential for effective use of this product in any application subject to climatic corrosion.”

Contact HTL Worldwide today to find out more.

Visit htl-worldwide.com, call +44 (0) 1670 700 018 or email sales@htl-worldwide.com.

 

HTL-Protect-Promo-Image-Logo

Petrochemical plants made in Italy that makes production safe and reliable

logo_h125Cividac1

As one of the most precious natural resources, petroleum contains crude oil and other useful components, and we convert it into different types of fuel or products through petrochemical plants and oil refineries. A Fractionating Column is definitely indispensable in this process.

Crude oil will be heated at very high temperature and sent to the base of a fractionating column, after eliminating the salt in the oil to avoid corrosion to the petrochemical plant. When crude oil moves upwards, it will be separated into diesel, kerosene and naphtha, thanks to their different molecular weight and boiling point. Of course, these oil derivatives should be refined through more distillations to make it more pure and effective.

Cividac2

This type of distillation is composed of different phases, and takes place inside a single column, which has a complex structure with different entry and exit points to allow the crude oil to be reinserted for a better efficiency of the process. It is a delicate work and requires the precision in the processing and excellent quality of the plant. Here it worth mentioning that Cividac, an Italian company with over thirty years’ experience, deeply studied in this field and produce metallic equipment especially for petrochemical industry in both national and international market. Their specialized management and trained operators guarantee a proper processing, eliminating errors that can compromise the quality of the product.

 

Besides the columns, Cividac also produces Pressure Vessels, Heat Exchangers, and so on, designed for complex industrial proposes. And the company uses all types of stainless steels and alloys to achieve the goal of quality and safety. One of the most relevant advantages of using stainless steel is its corrosion resistance, combined with safety and convenience. Thanks to the presence of alloying elements such as chromium or nickel, stainless steel become particularly resistant to corrosive attack of the atmosphere, water and many solutions of acids, salts and alkalis. And it is widely used today in the petrochemical and chemical industries, especially the type of austenitic steels with chromium, nickel and molybdenum.

For more information please visit: http://www.cividac.com/

Increasing demand from Petrochemicals and Refining industries enables Flow Meters Market to expand at 9.5% CAGR from 2015-2020

Transparency Market Research (TMR) has announced the addition of a new market study on the flow meters market. The report is titled “Flow Meters Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021.” According to the report, the global flow meters market is expected to be worth US$9.61 bn by 2021. It was valued at US$5.20 bn in 2014 and is expected to expand at a CAGR of 9.5% between 2015 and 2021.

A flow meter is a device used for the measurement of volumetric, mass, and linear and non-linear flow rate of a gas or fluid. Different types of flow meters are used for the measurement of various parameters of a fluid as it flows through a pipe. Flow is measured by measuring the speed of the liquid over a certain area. Flow meters comprise a stop, scale, indicator, and tube. The performance of a flow meter relies on aspects such as density, pressure, viscosity, and temperature of liquids.

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The increasing demand from the petrochemicals and refining industries is the primary growth driver of the flow meters market. The performance of petrochemicals and refining industries impacts the flow meters market to an extent. Flow meters are used in custody transfer, interwell allocation, and gas flaring. Their use is mandated by environmental regulations for quality control and revenue calculations, aiding the growth of the market. Flow meters are used in various other industries apart from the petrochemical industry, such as agriculture, waste water management, and others, which is positively impacting the market. Furthermore, the global flow meters market is boosted by the replacement of outdated flow meters with newer smart flow meters. Smart meters are a relatively new trend in the global flow meters market. These are accurate in measurement and much more reliable as compared to the earlier generations of flow meters.

The global flow meters market is segmented on the basis of region, application, and product type. On the basis of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World. Of these, Asia Pacific held the largest market for flow meters in 2014. The flow meters market in Asia Pacific is anticipated to expand at a 9.3% CAGR from 2015 to 2020. The growth of the market in the region can be attributed to the rising high-value projects and petrochemicals and refineries industries, which are fueling the demand for flow meters.

On the basis of product type, the market is segmented into coriolis flow meter, magnetic flow meter, ultrasonic flow meter, vortex flow meter, turbine flow meter, and others. Of these, the magnetic flow meter held the largest market share of 21% in the global flow meter market in 2014. By application, the market is segmented into water management, energy management, food process, oil and gas, and others. Of these, the application of food process accounted for the largest market share of 17.6% in the global flow meter market in 2014.

The report profiles some of the key players in the global flow meters market. These include: Yokogawa Electric Corp. (Japan), Siemens AG (Germany), ABB Ltd. (Switzerland), Messtechnik GmbH (Germany), Badger Meter Inc. (U.S.), Brooks Instrument LLC (U.S.), Sierra Instruments Inc. (U.S.), Endress + Hauser (Switzerland), Krohne General Electric Co. (U.S.), and Azbil Corporation (Japan).

The global flow meters market is segmented as follows:

Product Type

  • Magnetic flow meter
  • Coriolis flow meter
  • Ultrasonic flow meter
  • Turbine flow meter
  • Vortex flow meter
  • Others

 

Application

  • Energy management
  • Water management
  • Food process
  • Oil and gas
  • Others

 

Research Report:http://www.transparencymarketresearch.com/magnetic-flow-meters-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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First ECITB Gas Turbine course offered by North East Training Provider

HTL Training Services, a North East based global training provider, is the first to offer the only ECITB internationally recognised qualification for Gas Turbine Introduction to Operations and Inspections.

The use of Gas Turbines in Power Generation, Petrochemical and Pipeline Industries is widespread. Therefore understanding the fundamental operation and inspection will benefit maintenance technicians, supervisors, and plant operators; increasing efficiency, productivity and safety levels.

The course is a mixture of practical and theoretical training, studied over 5 days with HTL’s expert technical trainers offering delegates maximum contact time through small working groups.

ECITB comment: “We are delighted that HTL Training Services is now offering this ECITB qualification, an important and positive step in addressing the anticipated skills needs in the industry. HTL is the first of the ECITB provider network to offer this course which is based on ECITB training standards. It is an extremely positive step in addressing the anticipated skills needs in the industry”.

With dedicated training facilities in Northumberland, Aberdeen and Great Yarmouth, HTL Training Services are pleased to announce the addition of this new course to their extensive training portfolio which is continuously developing to serve the growing needs of industry.

Andy Elrod, Lead Technical Trainer, with 20 years’ international experience in both aero and industrial turbines, comments: “This ECITB approved programme will provide delegates with an internationally recognised qualification. The course is an excellent introduction and foundation to gas turbine make up, operations, including maintenance requirements and control systems.  This particular course originated from a customer requirement, further demonstrating HTL’s commitment to continue to listen to customer needs and deliver accredited, cost effective and applicable training, a great example of how we do things with several more courses yet to come”.

For more information on HTL’s range of ECITB, NEBOSH, IOSH and QNUK accredited courses available at affordable rates, please contact +44 (0) 1670 700 005 or email info@htl-trainingservices.com

Gas Turbine with ECITB logo

Pneumatic conveying systems market size over $30bn by 2022: Global Market Insights Inc.

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Pneumatic Conveying Systems Market size is expected to reach USD 30.67 billion by 2022; as per a new research report by Global Market Insights, Inc.

Application specific product development and technological advancements will present growth opportunities to companies accounting for pneumatic conveying systems market share. Growing material handling equipment demand across numerous application industries can also be leveraged for driving profitability.

Innovation in filter materials has eased concerns regarding problems in filter capacity due to continuous conveying. Other initiatives include availability of compact pressure vessel equipment with intelligent control capabilities. Drop-through valves, blow-through valves, and high pressure airlock production is forecast to lead to improved precision.

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Chemical processing, pharmaceutical, and petrochemical industries have invested significantly to step up production capacity and address growing global demand. This has led to need for high process efficiency, which will fuel the pneumatic conveying systems market.

Demand in the food industry was valued at USD 5.7 billion in 2014, and will grow faster than the global average over the forecast timeline. Increasing government initiatives and mandates for manufacturing facilities to ensure sanitary operations coupled with rising concerns regarding health and safety issues associated with infected food will drive growth.

High initial investment required for replacing conventional conveyors with pneumatic counterparts may restrain growth in the coming years. The presence of high cost components and growing requirement for custom solutions may lead to increased pneumatic conveying system market price trend, which will pose a barrier to growth.

Browse key industry insights spread across 102  pages with 64 market data tables & 57 figures from the report, “ Pneumatic Conveying Systems Market Size By Technology (Vacuum Systems, Positive Pressure Systems, Combination Systems), By Operating Principle (Dense Phase Conveying, Dilute Phase Conveying), By End-Use (Pharmaceutical, Ceramic, Food, Rubber & Plastic), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/pneumatic-conveying-systems-market-size

Key insights from the report include:

  • Dilute phase pneumatic conveying systems market size will continue dominating global revenue, with growth expected at 5.5% CAGR from 2015 to 2022.
  • Positive pressure systems are set to surpass USD 15.5 billion in revenue by the end of the forecast timeframe. Vacuum based equipment is anticipated to account for over 30% of the overall revenue over the next few years.
  • The pharmaceutical segment is forecast to grow at 5.5% CAGR from 2015 to 2022. The inherent ability of this equipment to keep powder contained within the system is expected to fuel adoption in the segment, where there exists high demand for powder transfer via vacuum.
  • Reducing the creation of dust and streamers and automating all types of powder and granule material processes are chief drivers for the rubber, plastic, and ceramic industries.
  • U.S. pneumatic conveying systems market size will exceed USD 6 billion in sales by 2022. Major trends include advancements and availability of improved filter/separator designs as well as emergence of improved techniques that enable non free flowing material to flow easily towards the pick-up point.
  • Companies operating in the industry include Flexicon Corp, Gericke, Atlas Copco, Schenk Process, Coperion K-Tron, etc. Mergers, acquisitions, and product differentiation are among the major strategies for expanding pneumatic conveying systems market share.

 

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Global Market Insights has segmented the pneumatic conveying systems market on the basis of operating principle, technology, end-use, and region:

  • Global Pneumatic Conveying Systems Operating Principle Analysis (Revenue, USD Million, 2012 – 2022)
    • Dense phase conveying
    • Dilute phase conveying
  • Global Pneumatic Conveying Systems Technology Analysis (Revenue, USD Million, 2012 – 2022)
    • Positive pressure system
    • Vacuum system
    • Combination system
  • Global Pneumatic Conveying Systems End-Use Analysis (Revenue, USD Million, 2012 – 2022)
    • Ceramic
    • Pharmaceuticals
    • Food
    • Rubber & plastic
    • Others
  • Global Pneumatic Conveying Systems Regional Analysis (Revenue, USD Million, 2012 – 2022)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

 

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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 Hydrogenation Petroleum Resin sales 2016 market size, shares, segmentation, analysis, competition, applications & challenges: Global QYResearch

The recently published report titled Global Hydrogenation Petroleum Resin Sales 2016 Market Research Report is an in depth study providing complete analysis of the industry for the period 2016 – 2021. It provides complete overview of Global Hydrogenation Petroleum Resin Sales market considering all the major industry trends, market dynamics and competitive scenario.

The Global Hydrogenation Petroleum Resin Sales Industry Report 2016 is an in depth study analyzing the current state of the Global Hydrogenation Petroleum Resin Sales market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Global Hydrogenation Petroleum Resin Sales market provides analysis of market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Global Hydrogenation Petroleum Resin Sales market also discusses the opportunity areas for investors.

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With tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Reasons to Buy this Report

The research report will enrich your decision-making capability by helping you to –
Design and improve your product development and sales strategies and enhancing your marketing activities
Develop business strategies by understanding the market dynamics and developments driving the Global Hydrogenation Petroleum Resin Sales market
Develop market-entry strategies and effective ways to sustain competition
Create merger and acquisition opportunities by identifying the market players with the most innovative pipelines
Identify the regional market potential which would further help in designing regional market strategies
Understand the competitive scenario in the Global Hydrogenation Petroleum Resin Sales market
Take more informed business decisions by relying on the insightful opinions from industry experts

Download sample copy of this report at http://globalqyresearch.com/download-sample/75088

Table of Contents

1 Industry Overview
1.1 Definition and Specifications of Hydrogenation Petroleum Resin
1.1.1 Definition of Hydrogenation Petroleum Resin
1.1.2 Specifications of Hydrogenation Petroleum Resin
1.2 Classification of Hydrogenation Petroleum Resin
1.3 Applications of Hydrogenation Petroleum Resin
1.4 Industry Chain Structure of Hydrogenation Petroleum Resin
1.5 Industry Overview and Major Regions Status of Hydrogenation Petroleum Resin
1.5.1 Industry Overview of Hydrogenation Petroleum Resin
1.5.2 Global Major Regions Status of Hydrogenation Petroleum Resin
1.6 Industry Policy Analysis of Hydrogenation Petroleum Resin
1.7 Industry News Analysis of Hydrogenation Petroleum Resin

2 Manufacturing Cost Structure Analysis of Hydrogenation Petroleum Resin
2.1 Raw Material Suppliers and Price Analysis of Hydrogenation Petroleum Resin
2.2 Equipment Suppliers and Price Analysis of Hydrogenation Petroleum Resin
2.3 Labor Cost Analysis of Hydrogenation Petroleum Resin
2.4 Other Costs Analysis of Hydrogenation Petroleum Resin
2.5 Manufacturing Cost Structure Analysis of Hydrogenation Petroleum Resin
2.6 Manufacturing Process Analysis of Hydrogenation Petroleum Resin

3 Global Hydrogenation Petroleum Resin Sales, Sales Price and Market Size (Volume and Value) 2010-2016 Analysis
3.1 Global 2010-2016 Hydrogenation Petroleum Resin Market Size Analysis
3.2 Global 2010-2016 Hydrogenation Petroleum Resin Sales Price Analysis
3.3 Global 2010-2016 Hydrogenation Petroleum Resin Sales by Companies
3.4 Global 2010-2016 Hydrogenation Petroleum Resin Sales by Product Type
3.5 Global 2010-2016 Hydrogenation Petroleum Resin Sales by Applications
3.6 Global 2010-2016 Hydrogenation Petroleum Resin Sales by Region

4 USA Hydrogenation Petroleum Resin Sales, Sales Price, Market Size (Volume and Value) and End Users Analysis
4.1 USA 2010-2016 Hydrogenation Petroleum Resin Market Size Analysis
4.2 USA 2010-2016 Hydrogenation Petroleum Resin Sales Price Analysis
4.3 USA 2010-2016 Hydrogenation Petroleum Resin Sales by Companies
4.4 USA 2010-2016 Hydrogenation Petroleum Resin Sales by Product Type
4.5 USA 2010-2016 Hydrogenation Petroleum Resin Sales by Applications
4.6 USA 2010-2016 Hydrogenation Petroleum Resin Regional Import Export Analysis
4.7 USA End Users with Contact Information of Hydrogenation Petroleum Resin by Applications

5 Europe Hydrogenation Petroleum Resin Sales, Sales Price, Market Size (Volume and Value) and End Users Analysis
5.1 Europe 2010-2016 Hydrogenation Petroleum Resin Market Size Analysis
5.2 Europe 2010-2016 Hydrogenation Petroleum Resin Sales Price Analysis
5.3 Europe 2010-2016 Hydrogenation Petroleum Resin Sales by Companies
5.4 Europe 2010-2016 Hydrogenation Petroleum Resin Sales by Product Type
5.5 Europe 2010-2016 Hydrogenation Petroleum Resin Sales by Applications
5.6 Europe 2010-2016 Hydrogenation Petroleum Resin Regional Import Export Analysis
5.7 Europe End Users with Contact Information of Hydrogenation Petroleum Resin by Applications

6 China Hydrogenation Petroleum Resin Sales, Sales Price, Market Size (Volume and Value) and End Users Analysis
6.1 China 2010-2016 Hydrogenation Petroleum Resin Market Size Analysis
6.2 China 2010-2016 Hydrogenation Petroleum Resin Sales Price Analysis
6.3 China 2010-2016 Hydrogenation Petroleum Resin Sales by Companies
6.4 China 2010-2016 Hydrogenation Petroleum Resin Sales by Product Type
6.5 China 2010-2016 Hydrogenation Petroleum Resin Sales by Applications
6.6 China 2010-2016 Hydrogenation Petroleum Resin Regional Import Export Analysis
6.7 China End Users with Contact Information of Hydrogenation Petroleum Resin by Applications

7 Japan Hydrogenation Petroleum Resin Sales, Sales Price, Market Size (Volume and Value) and End Users Analysis
7.1 Japan 2010-2016 Hydrogenation Petroleum Resin Market Size Analysis
7.2 Japan 2010-2016 Hydrogenation Petroleum Resin Sales Price Analysis
7.3 Japan 2010-2016 Hydrogenation Petroleum Resin Sales by Companies
7.4 Japan 2010-2016 Hydrogenation Petroleum Resin Sales by Product Type
7.5 Japan 2010-2016 Hydrogenation Petroleum Resin Sales by Applications
7.6 Japan 2010-2016 Hydrogenation Petroleum Resin Regional Import Export Analysis
7.7 Japan End Users with Contact Information of Hydrogenation Petroleum Resin by Applications

8 Global and Major Regions 2016-2021 Hydrogenation Petroleum Resin Sales Price and Market Size (Volume and Value) Forecast
8.1 Global 2016-2021 Hydrogenation Petroleum Resin Sales Price and Market Size (Volume and Value) Forecast
8.2 USA 2016-2021 Hydrogenation Petroleum Resin Sales Price and Market Size (Volume and Value) Forecast
8.3 Europe 2016-2021 Hydrogenation Petroleum Resin Sales Price and Market Size (Volume and Value) Forecast
8.4 China 2016-2021 Hydrogenation Petroleum Resin Sales Price and Market Size (Volume and Value) Forecast
8.5 Japan 2016-2021 Hydrogenation Petroleum Resin Sales Price and Market Size (Volume and Value) Forecast

9 Major Hydrogenation Petroleum Resin Companies Analysis
9.1 ExxonMobil
9.1.1 ExxonMobil Profile
9.1.2 2010-2016 ExxonMobil Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.1.3 Contact Information

9.2 Kolon
9.2.1 Kolon Profile
9.2.2 2010-2016 Kolon Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.2.3 Contact Information

9.3 Eastman
9.3.1 Eastman Profile
9.3.2 2010-2016 Eastman Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.3.3 Contact Information

9.4 Formosan Union
9.4.1 Formosan Union Profile
9.4.2 2010-2016 Formosan Union Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.4.3 Contact Information

9.5 Arakawa
9.5.1 Arakawa Profile
9.5.2 2010-2016 Arakawa Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.5.3 Contact Information

9.6 IDEMITSU
9.6.1 IDEMITSU Profile
9.6.2 2010-2016 IDEMITSU Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.6.3 Contact Information

9.7 China Petroleum Lanzhou Chemical
9.7.1 China Petroleum Lanzhou Chemical Profile
9.7.2 2010-2016 China Petroleum Lanzhou Chemical Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.7.3 Contact Information

9.8 Heyun Group
9.8.1 Heyun Group Profile
9.8.2 2010-2016 Heyun Group Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.8.3 Contact Information

9.9 Hebei Qiming
9.9.1 Hebei Qiming Profile
9.9.2 2010-2016 Hebei Qiming Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.9.3 Contact Information

9.10 Zhejiang Henghe
9.10.1 Zhejiang Henghe Profile
9.10.2 2010-2016 Zhejiang Henghe Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.10.3 Contact Information

9.11 Puyang Shenghong Chemical
9.11.1 Puyang Shenghong Chemical Profile
9.11.2 2010-2016 Puyang Shenghong Chemical Hydrogenation Petroleum Resin Sales, Sales Revenue, Sales Price, Gross Margin Analysis
9.11.3 Contact Information

10 Global Hydrogenation Petroleum Resin Production Analysis
10.1 2010-2016 Global Hydrogenation Petroleum Resin Production by Countries
10.2 2010-2016 Global Hydrogenation Petroleum Resin Production Market Share

11 Marketing Trader or Distributor Analysis of Hydrogenation Petroleum Resin
11.1 Marketing Channels Status of Hydrogenation Petroleum Resin
11.2 Traders or Distributors of Hydrogenation Petroleum Resin with Contact Information

12 New Project Investment Feasibility Analysis of Hydrogenation Petroleum Resin
12.1 New Project Michael Porter Five Forces Model Analysis
12.2 New Project Investment Feasibility Analysis of Hydrogenation Petroleum Resin

13 Conclusion of the Global Hydrogenation Petroleum Resin Sales 2016 Market Research Report

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Continuing exploration of alternative energy sources due to increasing demand will drive hydrogen generator market growth

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Hydrogen Generator Market size was valued over USD 735 million in 2015 and with estimated gains over 5.3% CAGR by 2023. Continuing exploration of alternative energy sources due to increasing demand coupled with depleting fossil fuels will drive industry growth. Stringent regulatory norms for cleaner fuels such as hydrogen by electrolysis of water using renewable energy source such as wind, solar, & water and desulfurize petroleum products and is likely to propel demand from 2016 to 2023.

Global hydrogen generator market is broadly categorized on basis of process, product, application, and capacity. Easy abundant availability of low cost natural gas feedstock coupled with high percentage purity hydrogen is anticipated to be key propelling factor for industry growth. In addition, hydrogen is used in food & beverage sector to remove harmful viruses and bacteria, which may positively impact on product demand.

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Chemical processing application was dominant and accounted more than 55% of global share in 2015. However, fuel cell technology is likely to be fastest rising market due to increase in demand from automotive sector for abiding pollution free standards. In addition, this technology is expensive compared to internal combustion engine, which may restrict its application across commercial vehicles segment. Hydrogen transportation requires high safety as it is a highly flammable fuel. Furthermore, improper distribution channels increases overall costs which may impose restrain for hydrogen generator market.

However, industry has witnessed huge investments to restrict cost related with production transportation, and distribution due to rapid industrialization coupled with rising green fuel energy solution across military, residential, and commercial which may positively impact on hydrogen generator market size growth. This will reduce dependency on conventional energy source such as fossil fuel which is comparatively economic but hazardous.

Refining application segment was another significant market share contributor in 2015. Refining industry comprises production of lubricating & fuel oils, kerosene, propane, gasoline, diesel, jet fuel, and liquefied petroleum gas (LPG) products. Increasing spending on refining and downstream application coupled with exploration of shale gas reserves in the U.S is likely to drive hydrogen generator market during the forecast period

 

Hydrogen generator market is segregated in terms of product (On site and Portable). On site product was largest market share contributor in 2015 and comprised more than 70% volume globally. Portable product produces temporary electricity, which may find applications across remote construction site to power tools and lights.

Hydrogen generator market is further segmented by its process type (steam reformer, electrolysis). Steam reformer process segment was dominant with over 80% share in 2015. Although, electrolysis process based hydrogen generators are preferred solution for ample scale hydrogen production over steam reformers. They are favorable and convenient product system which achieves desired traits for hydrogen production owing to less energy consumption, and minimal installation and operation costs.

North America dominated the hydrogen generator market in 2015, and would continue to grow during the forecast period. Increasing demand for hydrogen in the U.S and Canada across power generation plants and refueling stations (for FCEV) will stimulate hydrogen generator market demand. Europe was prominent market accounting above 35.6% of global industry share in 2015. This region is likely to grow owing to presence of major industry players. However, the region is forecast to witness moderate growth rate over the forecast timeframe.

Asia Pacific was significant regional market; the region is likely to drive industry due to rising demand for petroleum products from refineries with low sulfur. Increasing hydrogen generator application across refineries due to expanding demand for petroleum products in India and China coupled with rigid norms in the region is likely to propel growth.

Global hydrogen generator market is fairly competitive, with key industry participants deploying penetration via strategic initiatives such as agreements and contracts in order to expand their market presence. Major industry participants comprise Linde AG, Air Liquide SA, and Air Products & Chemicals Inc. Other significant participants include Praxair Inc., Airgas Inc., and Hydrogenics Corporation, ParkarBalston, Idroenergy, McPhy Energy, and Idroenergy.

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Source: Global Market Insights, Inc.

Fuel cell market expected to grow at 22% CAGR during 2016 – 2024: Global Market Insights Inc.

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Fuel Cell Market size was over 230 MW in capacity for 2015 is estimated to touch over 1,000 MW in 2024 with gains at above 22% CAGR from 2016 to 2024. Government assistance to develop hydrogen power stations is considered key reason to drive market over the forecast period.

Global fuel cell technology market was valued over USD 2.9 billion in 2015 and is estimated to surpass USD 8 billion in 2024 with gains at above 14% CAGR.  Product shipments are witnessing enormous gains with 49% CAGR.

North America fuel cell market was dominant terms of installed capacity accounting for over 42% in 2015. Asia Pacific was the leading consumer in terms of shipment units and comprised over 37% in the same year. However, North America may takeover APAC in the forecast period to become largest fuel cell market in terms of installed capacity and shipment units by 2024.

In the present scenario, Asia Pacific, led mainly by China, Japan, Korea, & India, has massive market for stationary power due to increase in household applications. Residential product system sales in Japan crossed 0.1 million units in 2015.

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African countries have immense potential for portable fuel cell market because of extensive off grid applications. This region is currently focusing on solar off grid applications. However, this industry can offer desirable alternatives.

Europe witnessed growth in power-to-gas (P2G) and energy storage. It involves conversion of electricity into energy carriers such as methane & hydrogen which may positively impact on fuel cell market share.

In terms of application, market is segregated in stationary power, transportation, and portable. Stationary power application segment is dominant in terms of capacity and is estimated to reach USD 6.5 billion in 2024 with around 15% CAGR. However, portable application accounted for 71% of total shipments in 2015.

Transportation application comprises of motive power for buses, cars, and fuel cell electric vehicles (FCEVs), material handling equipment (MHE), auxiliary power units (APUs), off-road vehicles, and specialty vehicles. Rising fuel prices may drift customer focus towards electric vehicles owing to boost fuel cell market share. FCEV attained focus of automakers for new market penetration strategies. Toyota announced funds for hydrogen fuelling stations in the U.S.

Portable power application includes portable energy sources which are not permanently installed. Also, global product market segment includes SOFC, MCFC, DMFC, phosphoric acid PAFC PEMFC, and AFC.

Browse complete summary of this report @https://www.gminsights.com/industry-analysis/fuel-cell-market

(PEMFC) Proton exchange membrane fuel cell market size was dominant and comprised of 88% of total volume shipped in 2015. It offers accessibility across different watts, high electric efficiency, and significant power to area ratio which makes it desirable in applications. However, (MCFC) Molten carbon fuel cell is estimated to witness significant gains throughout the forecast period.

Supporting regulatory norms owing to drift focus towards renewable energy source may positively impact fuel cell market size. However, lack of infrastructure facilities coupled with high investment in switching production techniques may affect fuel cell market price trend.

It electrochemically combines oxygen and hydrogen to generate heat, water, and electricity. Similar to batteries they have capability to produce electricity when source of fuel is provided. It is generally quiet process as it does not involve fuel burning which makes it pollution free and is two or three times efficient than combustion. Accepting zero emission source of energy may positively impact in wide acceptance of products globally.

Global fuel cell market share is highly consolidated. Key operating participants accounts for over 70% of global demand which includes Clearedge, Ballard, and Toshiba. Other notable industry participants are Hydrogenics Corporation, Doosan, Plug Power, Horizon, and Panasonic.

Industry participants are focusing on growth strategies which include joint ventures, mergers & acquisitions, collaborations, and contracts & agreements in order to expand their geographic presence. Under these strategies companies are tapping the white space which includes region such as South America and Africa. Moreover, rising demand for clean energy products & solutions has boosted company to introduce integrated and innovative products and solutions.

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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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Source: Global Market Insights, Inc.

RUD PowerPoint Star Turns, Swivels & Rotates Loads Safely

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RUD Chains Ltd is a leading manufacturer of lifting and lashing applications that guarantee ultimate safety when lifting and moving heavy loads. Offering more than 500 different tested and certified lifting/lashing points for bolting and welding, RUD have a wide product range to suit a variety of project requirements.

The demand for loads to be turned, swiveled and rotated safely during the handling process of a project has certainly increased over the years. Loads can easily be damaged and lifting systems can be considerably overloaded. Mould and die manufacturers are prime examples of this, when moulds or dies must be flipped the lifting points they use need to swivel and pivot at the same time.

RUD know how important it is to offer an ultimate safety factor through their lifting points which they have done through their PowerPoint Star.The PowerPoint Star is an extremely robust lifting point which has the ability to pivot 230° and rotate 360° which allows the lifting and turning of goods to run smoothly, as well as reducing costs to damaged tools.

The PowerPoint Star offers a unique double ball bearing system which provides a smooth and efficient swivel action when turning loads and is operational to temperatures as low as -40 degrees.

The forged safety latch protects against lateral bending, as well as the thickened tip of the hook which prevents handling malpractices and resists bending. These features therefore provide an exceptional safety factor, a paramount feature when lifting and moving heavy goods.

The PowerPoint Star is extremely popular due to its “Clevis Fitting” which allows 3 types of connections into the clevis; chain, hooks or most commonly used a master ring. It therefore provides 3 alternatives from one component.

RUD provide standard and tailored solutions to meet even the most demanding environments, helping to deliver applications that are catered to specific requirements, project aims and environments.

For more information please call 01227 276 611 Email: Katie.crane@rud.co.uk or visit www.rud.co.uk

Powerpoint star 3

 

 

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

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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.

 Request for a sample of this research report – https://www.gminsights.com/request-sample/detail/369

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.

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.
To access sample pages or view this report titled “Specialty Fuel Additives Market Size By Product (Deposit Control Additives, Cetane Improvers, Antioxidants, Corrosion Inhibitors, Lubricity Improvers, Cold flow Improvers), By Application (Gasoline, Diesel, ATF), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023″in detail along with the table of contents, please on click the link below:
https://www.gminsights.com/industry-analysis/specialty-fuel-additives-market
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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About Global Market Insights

 

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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Source: Global Market Insights, Inc.

 

RUD ABA Lifting Point for welding

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Shows damage & wear with the innovative RUD patented wear marking indicator:

RUD Chains Ltd offer over 500 lifting and lashing applications which include both welded and threaded types, covering a working load capacity range of 0.6 to 250 tonne.

Anyone in the industry knows how important safety is when lifting and moving heavy loads. RUD, a market leader for providing safe lifting products has introduced the ABA load ring to its range.

The RUD ABA load ring is forged out of the high strength material CrNiMo, quenched and tempered and surfaced in phosphate for improved material strength and wear resistance. The ABA is loadable in any direction, operational to temperatures as low as -40 degrees and has a safety factor of 4:1.

The ABA provides the ability to check the load ring for damage and wear, via the innovative patented wear marking on both the inside and outside of the body of the load ring. The ABA therefore offers a distinct safety benefit over other load rings.

The patented wear marks allows the user to know if there is more than 10% wear on the item, more than 10% wear on a lifting point means the item must be removed from service. Therefore, offering an ultimate safety factor.

The wear marks serve as a dual function because they also show the angle of the sling or attachment point relative to the ABA.

As one of the world’s largest manufacturers of lifting and lashing applications combined with their extensive range of products and knowledge in the market, RUD are continually innovating and developing their extensive product range to stay at the forefront of their customers’ demands.

For more information call 01227 276 611: email Katie.crane@rud.co.uk or visit us at www.rud.co.uk

ABA!

 

Global catalysts market rise to a valuation of US$24.1 billion by 2018; driven by expanding petrochemical, chemical industries

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Transparency Market Research (TMR) has announced the release of a report added to its market intelligence catalog on the chemical and materials sector. The report examines the global refinery catalysts market and presents actionable insights into the market’s expected trajectory in the coming years. The report is titled ‘Refinery Catalyst Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018’ and is available for sale on the official website of TMR. According to the report, the global market for refinery catalysts is expected to exhibit a steady 3.9% CAGR from 2012 to 2018. The market was valued at US$19.2 bn in 2011 and is likely to rise to a valuation of US$24.1 bn by 2018.

Catalysts are substances added to a chemical reaction to alter the rate at which the reaction takes place. Catalysts can either speed up or slow down the reaction, with former being known as positive catalysts and the latter as inhibitors. The unique role of catalysts in a chemical reaction is that they don’t participate in the reaction, but bring about conditions that alter the rate of the reaction.

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By application, the global catalysts market is segmented into environmental applications, petroleum refineries, polymerization, and chemical synthesis. Of these, the environmental applications segment emerged as the fastest growing market segment in 2011 and is likely to exhibit steady growth over the forecast period. The increasing government support to environmental applications and the rising global awareness about the environmental impact of human activities are responsible for the expected growth rate of the segment.

The increasingly stringent regulations limiting emissions and mandating waste treatment before disposal are another major driver for the environmental catalysts market. In light of the importance of environmental protection regulations to the catalysts market, innovation of biobased catalysts is expected to emerge as a promising opportunity in the global catalysts market in the coming years.

According to material, the global catalysts market is segmented into chemical compounds, metals, zeolites, and others. Of these, the chemical compounds segment dominates the global catalysts market and is likely to retain the top spot in the market in the coming years. The expected expansion of the chemicals industry and the increasing demand for petroleum refineries are among the major drivers for the chemical compounds segment.

Regionally, Asia Pacific is the largest market for catalysts, followed by North America and Europe. The expanding chemical, petrochemical, and oil and gas industries in Asian giants such as China are primarily responsible for the dominant performance of the APAC catalysts market.

Apart from a granular analysis of all segments of the global catalysts market, the report also takes into account the competitive landscape of the market and profiles major players to provide a clear overview of the competitive dynamics of the global catalysts industry. Key players analyzed in the report include BASF SE, Johnson Matthey, Haldor Topsoe, W R Grace, Honeywell, and Albemarle Corporation.

Browse Research Report: http://www.transparencymarketresearch.com/global-refinery-catalyst-market.html

 

The global catalysts market is segmented as follows:

Catalysts market by type:

  • Heterogeneous
  • Homogenous

Catalysts market by material:

  • Zeolites
  • Metals
  • Chemical compounds
  • Others

Catalysts market by application:

  • Petroleum refinery
  • Chemical synthesis
  • Polymer
  • Environmental

Catalyst regeneration market:

  • Off-site
  • On-site

Catalysts market by geography

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

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.

Contacts

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Silicone elastomers market size worth USD 12.8 billion by 2023: Global Market Insights Inc.

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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.
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.

Browse key industry insights spread across 175  pages with 219 market data tables & 15 figures from the report, “Silicone Elastomers Market Size By Product (HTV, LSR, RTV), By Application (Automotive & Transportation, Electrical & Electronics, Industrial Machinery, Construction, Consumer Goods), Industry Analysis Report, Regional Outlook (U.S., Germany, France, UK, Italy, China, India, Japan, South Korea, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/silicone-elastomers-market

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.
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.
  • 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.

 

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About Global Market Insights

 

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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Source: Global Market Insights, Inc.

Polyurea market size to exceed $1.59 billion by 2022: Global Market Insights Inc.

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Polyurea market size is anticipated to reach USD 1.59 billion by 2022, as per a new research report by Global Market Insights, Inc. Increasing scope in infrastructure applications such as concrete and steel bridges is likely to drive the demand. Growing importance of industrial coatings owing to factors such as flexibility, water proof and low maintenance costs is anticipated to drive market.

Asia Pacific, with China and India polyurea market size dominating regional consumption, accounted for 37.4% of global total volume in 2014. Growing importance of protective coatings for automobile & industrial applications coupled with increased spending in construction sector in countries such as India, China and Indonesia is likely to drive demand.

Browse key industry insights spread across 110 pages with 64 market data tables & 42 figures from the report, “Polyurea Market Size By Product (Lining, Coating, Sealants), By Raw Material (Aliphatic, Aromatic), By Application (Industrial, Construction, Transportation), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/polyurea-market-size

 

Europe polyurea market share is likely to grow at moderate rate of 4.4% up to 2022. Increasing preference over substitutes such as PU (polyurethane) and epoxy owing to its superior advantages over these products is likely to drive demand. Favorable norms from regulatory bodies such as the EPA for its use in concrete coatings owing to non-VOC content are likely to support growth. Lack in product standardization & differentiation may hamper overall industry profitability.

Polyurea coatings market dominated the product segment, accounting for more than 65% of the total demand in 2014 and is likely to grow at highest rates up to 2022. Properties such as high elongation & tensile strength and extreme temperature resistance are likely to increase its demand. Sealants are anticipated to witness below average gains with CAGR of 4.0% from 2015 to 2022.

Make an inquiry for purchasing this report –  https://www.gminsights.com/inquiry-before-buying/163
Key insights from the report include:

  • Global polyurea market size was estimated 171.4 kilo tons in 2014 and may register 249.6 kilo tons by 2022 growing with an estimated CAGR of 4.8% from 2015 to 2022.

 

  • Aromatics such as MDI and aromatic & polyoxypropylene amines dominated the raw material segment. It accounted for 76.9% of the total polyurea market share in 2014 and are likely to witness highest gains.

 

  • Aliphatic polyurea is likely to grow at an estimated CAGR of 5.7% up to 2022.

 

  • Construction applications were dominant and accounted for 42.8% of the total volume in 2014. Industrial applications were the second largest and are likely to witness highest growth rates with an estimated CAGR of 5.2%. These flooring systems are ideal for use in industries such as nuclear power, food & beverages and oil & gas owing to the resistance provided from industrial chemicals & liquids.

 

  • The global market includes multinationals and domestic manufacturers and is likely to move towards consolidation over the next few years with companies getting involved in mergers & acquisitions. Key manufacturers include BASF, Huntsman, Bayer MaterialScience, PPG Industries and Specialty Products, Inc.

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About Global Market Insights

 

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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Source: Global Market Insights, Inc.

Fluorochemicals market size to exceed $31.2 billion by 2024: Global Market Insights Inc.

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Fluorochemicals market size is anticipated to be valued at USD 31.28 billion by 2024, as per a new research report by Global Market Insights, Inc. Growth in automotive and industrial sector positively influence refrigerants demand. This factor is likely to drive fluorochemicals market growth. Excessive usage of hydrofluorines in aluminum refining coupled with favorable FDI inflow policies to boost aluminum production in China and India is likely to drive demand.

Refrigerant applications were dominant and accounted for 42.5% of the total fluorochemicals market share in 2014. Increasing HVAC system installations in automobiles coupled with importance of clean air management systems in industries is likely to drive demand for these applications. Aluminum industry applications are likely to witness an estimated growth rate of 3.9% from 2015 to 2024.

Browse key industry insights spread across 114 pages with 133 market data tables & 17 figures from the report, “Fluorochemicals Market Size By Product (Fluoropolymers, Fluorocarbons, Inorganics & Specialties), By Application (Aluminum Production, Components, Refrigeration, Blowing Agents), Industry Outlook Report, Regional Analysis, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2024 ” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/fluorochemicals-market-size

 

Fluorocarbons market dominated the product segment and accounted for over 50% of the total volume in 2014. HFCs, HCFCs and CFCs are fluorocarbons types widely preferred in refrigerators, air conditioners, solvents, blowing agents and fire extinguishers. Fluoropolymers market size is likely to witness highest gains, at over 10% up to 2024.

 

Innovation by participants such as 3M, in water treated fluorochemicals technology is anticipated to reduce environmental impact thereby influencing growth. High HCFC prices and incompatibility with some lubricants for refrigeration is likely to hamper growth. Adoption of Montreal & Kyoto Protocols by European Union and North America is likely to restrict limit its usage in the region.

Make an inquiry for purchasing this report – https://www.gminsights.com/inquiry-before-buying/153

Key insights from the report include:

  • Global fluorochemicals market size was estimated 3.52 million tons in 2014 and may register 5.49 million tons by 2024 growing, at an estimated CAGR of 4.6% from 2015 to 2024.

 

  • Asia Pacific dominated the regional market and accounted for 47.1% of the total volume in 2014 with fastest growth rates of over 5% CAGR expected up to 2024. Countries such as China, Japan and India have large scale industries thereby increasing refrigerant demand in Asia Pacific. North America is likely to grow at sluggish growth rates at an estimated CAGR of 3.1% up to 2024.

 

  • The global fluorochemicals market share is fragmented, as top four companies cater to more than 40% of the overall demand. Key companies include Daikin, Asahi Glass, DuPont, Honeywell, Dongyue and Arkema. Other prominent companies include Halocarbon Products, Mitsui Chemicals, Pelchem, Mexichem Products and Air Products & Chemicals Inc.

 

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About Global Market Insights

 

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.

Contact Us:

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Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

Natural gas liquids market projected to reach 14,806.59 kilo barrels/day by 2024 at 7.16% CAGR; research report 2016 – 2024

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Transparency Market Research has released a new market report titled Natural Gas Liquids market – Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 – 2024. The report defines and segments the natural gas Liquids market, providing analysis and forecasts of the global production. According to the report, the global natural gas Liquids market stood at 7,982.63 Kilo barrels/Day in 2015 and is likely to reach 14,806.59 Kilo barrels/Day by 2024 at a CAGR of 7.16% between 2016 and 2024.

The natural gas Liquids market has been segmented on the basis of type into ethane, propane, normal butane, isobutane, and pentanes plus. The chemical composition of these hydrocarbons is similar, yet their applications vary widely. Different types of natural gas liquids have different boiling points and are processed at different temperatures in a gas processing facility or refinery.

Natural gas liquids are light hydrocarbons composed entirely of carbon and hydrogen molecules. They are dissolved in associated or non-associated natural gas in a hydrocarbon reservoir. The chemical composition of natural gas liquids (NGLs) is similar to molecular composition of natural gas and crude oil. Natural gas liquids are produced within a gas stream. Natural gas liquids are utilized in a variety of industries and in different applications. Natural gas liquids are commonly used as inputs/feedstock for petrochemical plants, fuel source for space heat and cooking, and also blended into vehicle fuel.

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The global natural gas Liquids market has been segmented on the basis on geography into North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. The Middle East held the highest share of global natural gas market, with around 40% share, in 2015. North America held the second-largest share of the global natural gas market with around 30% market share in 2015. Other regional markets for natural gas liquid such as Asia Pacific, Europe, Africa, and Latin America held less than 10% market share respectively.

Ethane was the largest type segment of the global natural gas Liquids market, accounting for more than 45% of the global share in 2015. Ethane production increased due to its rising applications in petrochemical and other industries across the globe. Propane was the second-largest type segment of the global natural gas Liquids market, accounting for more than 45% of the global share in 2015. Propane is widely used in households for heating and cooking applications. Normal butane, isobutane, and pentanes plus are used as blended vehicle fuel, fuel for lighters, and various applications across different industries. Increasing use of natural gas liquids (NGLs) in petrochemical applications and growing use of shale gas resources for production have boosted the production of natural gas liquids across the globe. However, growth of the natural gas Liquids market is hampered by increasing use of alternatives of natural gas liquids (NGLs) such as naphtha. Decreasing natural gas prices would provide a potential opportunity for the growth of the natural gas Liquids market in the near future.

Some of the leading companies in the global natural gas Liquids market include BP Plc, Chesapeake Energy Corporation, ConocoPhillips Company, Exxon Mobil Corporation, Linn Energy LLC, Range Resources Corporation, Royal Dutch Shell Plc., SM Energy, Statoil ASA, and Swift Energy Company. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, and recent developments.

The global natural gas Liquids market has been segmented as follows:

Global Natural Gas Liquids market: Type Analysis

  • Ethane
  • Propane
  • Normal Butane
  • Isobutane
  • Pentanes Plus

Research Report:http://www.transparencymarketresearch.com/natural-gas-liquids-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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Petroleum fuel optimization – technologies, markets players, opportunities and forecasts 2016 to 2024

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In the present environment of ever-increasing oil prices and crises of inflation, especially in developing countries, petroleum fuel optimization technology acts as a boon. Many countries are promoting and developing such technology due to its commercial capabilities. Hence, this market is expected to increase in the coming years.

Countries like the U.S., Europe, and Japan which are highly dependent on their oil imports support the development of fuel optimization technology using government-financed R&D, various policy initiatives, and tax incentives. However, the case is different for the world market for natural gas which is fragmented into regional markets. The petroleum fuel technology market is dominant in North America, Europe, and Asia pacific, with Asia Pacific emerging as a frontrunner in the coming years due to its increasing consumption. The application of petroleum fuel optimization technology is the highest in the transport sector. The commercial-industrial utility and residential sectors follow with a marginal share.

Some of the factors driving this market are the escalating demand in the transport sector and the varied interest of the countries to minimize oil and fuel imports. Developed as well as progressive countries have shown a mutual interest in reducing economic dependence on such imports and hence are aiming at optimizing the use of fuel and oil.

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However, the market is restricted by the strict laws and diverse conservation acts implemented by many countries. Also, the fuel market is a price-independent one whose macroeconomic impact is universally substantial on all economies of the world. Hence, countries are often unable to deploy adequate resources in favor of developing fuel optimization technologies. Opportunities exist in the residential and industrial sectors which are rapidly increasing due to industrialization and the global increase in the standard of living.

Some of the major players in the petroleum and fuel optimization technology market are AWT Inc., (Applied weather technology), OPT (Optimization Petroleum Technologies) in Beijing, and TMW Systems among many others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Browse Industry Research Report with free Analysis:http://www.transparencymarketresearch.com/petroleum-fuel-optimization-technologies.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.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

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Global silicone market size is likely to exceed 2.5 million tons by 2023 with gains of over 5.5% from 2016 to 2023: Global Market Insights Inc.

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Body: Global silicone market size was estimated at over 1.65 million tons in 2014 and is likely to exceed 2.5 million tons by 2023 with gains of over 5.5% from 2016 to 2023. This market is likely to exceed USD 22 billion by 2023 growing with an estimated CAGR of close to 6% from 2016 to 2023.

China silicone market size dominated demand, with over 40% of the total consumption in 2014 and is likely to witness significant gains of over 8% up to 2023. Europe accounted close to 30% of the total demand in 2014 and is likely to witness steady gains over the forecast period.

Silicone elastomers market was the most significant segment and is likely to witness gains at over 6.5%, owing to growing demand from automotive, infrastructure & construction. Silicone fluids are likely to witness moderate growth rates of over 3.8% up to 2023 with demand expected from end-use industries such as toiletries, cosmetics and pharmaceuticals. Silicone resins are likely to witness below average growth rates of close to 3% up to 2023 with anticipated demand from construction industry.

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Increase in infrastructure investment and positive outlook on construction and housing space is likely to drive silicone market. Construction is one of the major application avenues, with water repellent coatings, glass coatings, solar panel sealants, LED fixtures, epoxy coatings, sealants and masonry coatings. Sealants are widely used for bonding applications in bathrooms, kitchens and windows which helps in minimizing energy consumption and provides superior heat management. Silicone marine sealant market also presents unique growth space for industry participants. World silicone sealant market demand was more than 550 kilo tons in 2014 and is likely to grow with an estimated CAGR of 4.5% up to 2023.

Increasing application in the electronics & electrical (E&E) owing to enhance insulation properties is likely to drive silicone market. Its application in E&E represents wire coatings, technical wiring, component building, semiconductor, computers and pacemaker leads.

Growth in transportation industry such as automobiles and aerospace is likely to drive demand. Transportation equipments are continuously exposed to chemical & physical attacks which require durable structures for minimizing maintenance & repairing costs. They are used in automobiles, spacecrafts and ocean vessels to enhance exterior resilience against extreme weather conditions. Silicone rubber market includes uses for providing traction and superior wear life to the tires while its coatings & adhesives enhance are used in airbags, joints and vent ducts.

Continuous innovation witnessed in the textile manufacturing process is likely to positively influence demand. High speed manufacturing process in the textile industry could pose the danger of overheating which can result in fiber melting & breakage. This factor is likely to favor demand of efficient materials which could reduce friction to enhance the manufacturing efficiency. Silicone fluids are likely to witness an increase in demand for textile application owing to heat stability and minimizing the adhesion of spinneret to thermoplastic fiber which helps in increasing the productivity.

Growing demand for heat transfer oil to provide a thermal interface in oil & gas industry is likely to drive silicone market growth. It is also used in energy efficient durable applications such as LED lamps, construction materials and electric vehicles. Recent developments of LSR and FSR are likely to offer developments on cost effective elastomers & resins.

China was the largest consumer owing to the presence of large scale industries such as electronics, automobile, petrochemicals and textiles. Construction industry in China is also the largest in the world market with an estimated spending of USD 1.78 trillion in 2014.

Asia Pacific (excluding China) is likely witness significant gains over the forecast period. Major automobile manufacturers prefer to set u their plants in Thailand, Indonesia and India owing to cheap labor wages and government incentives.  Europe is likely to witness an increase in demand owing to growth in automobile industry.

North America silicone market is likely to witness moderate growth over the forecast period. Latin America and MEA are likely to witness significant gains over the forecast period despite low consumption levels owing to increasing spending capacity coupled with growth in end-use industries such as petrochemicals and automotive.

The global silicone market share is fragmented and is expected to witness few mergers & acquisitions over the forecast period. Key companies operating in this industry include Wacjer Chemie, Dow Corning, Ashland, BASG and 3M Company. Other prominent manufacturers include Arkema, ICM Products, Evonik Industries, Jiangsu Hongda New Material Co. Ltd.

Browse Silicone Market Size, Industry Outlook, Regional Analysis, Application Development, Competitive Landscape & Forecast, 2016 – 2023 report at:https://www.gminsights.com/industry-analysis/silicone-market-   

About Global Market Insights:

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 petrochemicals market driven by rising demand from China, to exhibit 6.8% CAGR by 2020

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Transparency Market Research (TMR) has announced the release of a new market study on the global petrochemicals market. The report examines the historical trajectory of the market up to 2013 and presents forecasts for the market’s development from 2014 to 2020. According to the report, the global petrochemicals market is expected to exhibit a steady 6.8% CAGR from 2014 to 2020. The market will reach a valuation of US$885.1 bn by the end of the forecast period.

Petrochemicals, as the name suggests, are a wide range of chemicals derived from petroleum feedstock. The global market for petrochemicals is a crucial part of the chemicals industry and has significant impact on various walks of human life, as ubiquitous materials such as plastics are derived from petrochemicals. Due to the rising demand for its various end-use segments, the global petrochemicals market is expected to exhibit steady growth in the coming years.

The major product segments of the global petrochemicals market are ethylene, propylene, methanol, butadiene, xylene, benzene, styrene, vinyls, and toluene. Of these, ethylene was the major product type in the market in 2013. Ethylene’s use in the manufacture of polyethylene – which, as the name suggests, consists of multiple polymers of ethylene – is a major driver for the global petrochemicals market.

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The rising use of methanol in fuel mixtures has also provided a boost to the global petrochemicals market.

Adding methanol allows for cleaner combustion of fuels, reducing the environmental damage caused by the combustion. According to TMR, methanol is expected to be the fastest growing product segment of the global petrochemicals market in the forecast period. The demand for styrene and butadiene is also expected to rise in the coming years, thanks to their growing application in styrene butadiene rubber and the rising demand for butadiene for the production of acrylonitrile butadiene styrene.

On the basis of geography, China emerged as the largest segment of the global market in 2013. China accounted for 25% of the demand from the global petrochemicals market, thanks in part to the country’s booming automotive and construction industries. China is also anticipated to remain in a dominant position in the global petrochemicals market in the coming years and is expected to be the fastest growing segment of the market in the forecast period.

The rest of Asia Pacific followed China in the regional hierarchy of the global petrochemicals market in 2013. India is the leader in the rest of Asia Pacific, with the increasing demand for products containing petrochemicals and the country’s flourishing manufacturing sector expected to propel the regional market for petrochemicals.

The Middle East and Africa also have an important role to play in the future of the global petrochemicals market. These two regions contain some of the largest petroleum producers in the world, with the easy availability of petroleum allowing petrochemical companies in the region to post strong growth figures.

In competitive terms, the global petrochemicals market is highly fragmented and marked by constant efforts on the part of multinational giants to acquire smaller regional companies. Key players in the global petrochemicals market are BASF SE, Shell Chemical Company, Total S.A., E. I. du Pont de Nemours and Company, Sumitomo Chemical Co. Ltd., ExxonMobil, Sinopec Ltd., The Dow Chemical Company, SABIC, LyondellBasell Industries, and Chevron Phillips Chemical Company LLC.

The global petrochemicals market is segmented as follows:

Petrochemicals Market: Product Segment Analysis

  • Ethylene
  • Propylene
  • Butadiene
  • Benzene
  • Xylene
  • Toluene
  • Vinyls
  • Styrene
  • Methanol

Petrochemicals Market: Regional Analysis

  • North America
  • Europe
  • China
  • Rest of Asia Pacific
  • Middle East & Africa
  • Latin America

Research Report:http://www.transparencymarketresearch.com/petrochemicals.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.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

Global cosmetic contact lens market size is expected to grow at a CAGR of around 6.5% over the forecast period: Global Market Insights Inc.

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Global cosmetic contact lens market size was valued at over USD 900 million in 2015 and is expected to grow at a CAGR of around 6.5% over the forecast period. Increasing demand for changing aesthetic appearance without vision correction is anticipated to drive industry growth. Contact lenses market size is estimated to exceed USD 13 billion by 2023.

U.S. cosmetic contact lens market share was valued at over USD 250 million in 2015, and is expected to grow faster than the global average over the forecast period. Increasing usage of these products for enhancing overall aesthetic appeal is expected to propel demand over the forecast period.

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Surging usage in the entertainment sector is expected to boost cosmetic contact lens market size growth. Furthermore, continuous innovation for developing products that display information to the user using various processes such as laser cutting and injection molding is expected to positively impact the industry over the forecast period. Increased standard of living and higher disposable income are also estimated to fuel growth.

Colored lenses help in changing the wearer’s eye color or enhancing the hue. Growing acceptance of corrective surgeries such as LASIK is estimated to favorably impact cosmetic contact lens market size. Costume contact lens market mainly finds application in the film industry for special effects makeup.

Features such as ease of adjustability and high comfort are forecast to boost the cosmetic contact lens industry from 2016 to 2023. Since these products are targeted at the younger demographic, increased elderly population and general increase in the percentage of population with visual inaccuracies is expected to hinder growth.

The Food and Drug Administration (FDA) characterizes these products as medical devices that need a prescription for purchase. Products made overseas may contain dyes not approved by the FDA. Using non-prescribed products can result in decreased vision, corneal infection, pink eye, or even blindness.

In the UK, the plano cosmetic contact lens market is regulated; since biocompatibility with the eye is important, these products are supplied by a medical practitioner or registered optometrist.

Asia Pacific cosmetic contact lens market volume is expected to grow at a CAGR of over 4% from 2016 to 2023. Japan is predicted to contribute considerably to the regional industry. Growing internet availability along with online retailing services is expected to positively impact demand. However, growth in internet retailing has lowered unit prices, which may affect revenue generation to some extent. Growing purchase volumes are expected to curb the impact of this trend over the next six years.

The Chinese State Food and Drug Administration (SFDA) intend to regulate the sale of colored lenses as Class III (highest risk) medical devices. This is mainly due to increased popularity of these products in the region, which has led to safety and quality issues. Since they are inserted in the eye, any regulatory loopholes may result in adverse impact on consumers’ health. Possible ban on the manufacture and sale without legitimate licenses and registration may restrain the regional industry over the forecast period.

Emergence of circle lenses that extend the appearance of the iris onto the sclera has been a new trend in countries such as Japan, South Korea and China. Majority of the overall production is undertaken in Asia, and these products have made inroads in the U.S. as well.

Key industry players include CooperVision, Bausch & Lomb, Ciba Vision (Alcon), and Johnson & Johnson. Contact lens market share is consolidated, and leading players have accrued high degree of brand loyalty. Long term agreements, global coverage and ensuring robust marketing and branding operations are expected to remain the key growth strategies. The industry comprises a large number of local manufacturers, especially from Asia Pacific.

Other prominent participants in include Allied Medical, Carl Zeiss, Blanchard, Conforma, Eagle Optics, Contamac U.S., GKB, Hydrogel Vision, Hoya, Iridex, Medicure Instruments, Medennium, Nidek, Wesley Jessen, X-CEL Contact and Synergeyes.

Browse Cosmetic Contact Lens Market Size, Industry Analysis Report, Regional Outlook, Application Development, Price Trend, Competitive Market Share & Forecast, 2016 – 2023 report at:https://www.gminsights.com/industry-analysis/cosmetic-contact-lens-market

About Global Market Insights:

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.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

Toll Free: 1 888-689-0688

Email:  sales@gminsights.com

Web:https://www.gminsights.com

Blog:https://gminsights.wordpress.com/

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