Biodegradable Plastic Packaging Market - Global Trends & Forecast to 2019

Paper Packaging Market worth $345,389.31 Million by 2019

The report, "Biodegradable Paper & Plastic Packaging Market by Applications (Food Packaging, Beverage Packaging, Pharmaceuticals Packaging, Personal & Home Care Packaging, and Others), by Packaging Type (Plastic and Paper) and by Geography (North America, Europe, Asia-Pacific, and ROW) - Global Trends & Forecast to 2019" ,defines and segments the global biodegradable packaging market with an analysis and forecast for biodegradable plastic and paper packaging by types, applications, and geography by value as well as volume.

                                                    

Western Europe and North America are the key markets for biodegradable packaging.

Europe and North America dominated the global pharmaceutical packaging market accounting for more than 65% of the overall market in 2013. Within the North America, the U.S. will remain the largest consumer. Country wise, the U.S. is the top most consumer of biodegradable packaging product globally, and is also the largest market growing at a CAGR lower than the global average till 2019. Member countries of EU, Sweden, Switzerland, U.K., and Germany are the key markets in European biodegradable packaging market and constitute majority of the market size. In terms of growth rate, biodegradable plastic packaging is expected to register a double digit CAGR from 2013 to 2019.

Food packaging and beverage packaging are the topmost packaging application segments by revenue wherein PLA and starch-based plastics dominate the biodegradable plastic packaging market and boxboard and corrugated board dominate the market for biodegradable paper packaging.

While food packaging takes the topmost position in the market with more than 70% share by value of biodegradable plastic packaging and more than 40% share by value of biodegradable paper packaging, maximum growth in the future is expected from the beverage packaging application segment. Plastics and polymers are the largest consumed raw material for the beverage packaging products and are being fast replaced by their biodegradable substitutes such as PLA, starch-based Plastics, PHA, and so on due to its ease in design, excellent barriers properties, and cost-effectiveness. Biodegradable paper packaging market, being a highly mature and predominant market, shows higher market value share in the global biodegradable packaging market than the biodegradable plastic packaging market does. The biodegradable plastic packaging market on the other hand, being in its introductory phase, shows tremendous potential for growth and is expected to grow at a CAGR of double digits.

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Latest Market Research Report on Formic Acid Market worth $618,808.7 Thousand by 2019

The Report “Formic Acid Market by Types (Grades of 85%, 94%, 99%, and others) by Application (Agriculture, Leather & Textile, Rubber, Chemical & Pharmaceuticals, & others) & by Geography - Global Trends, Forecasts to 2019” report analyzes the global formic acid market with respect to market drivers, opportunities, and trends in different regions.

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The formic acid market is significantly penetrating their end-use industries especially in silage preservation and animal feed. They have different characteristics as per their manufacturing and application requirement in the end products. The Asia-Pacific region is expected to dominate this market with its growing demand for formic acid in different applications, especially the agriculture, leather & textile, and rubber industry.

Investments and Expansion is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of formic acid to match the new demands coming from various end-user industries. Formic acid of 85% concentration is dominant among all the grades of the acid available, in terms of consumption and revenue, reasoned by it being low in concentration so it is less toxic to human and environment.

The Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. China, India, U.S., Germany and Brazil are expected to persist as successful formic acid markets. The key players in the global formic acid market are BASF SE (Germany), BASF SE (Germany), Feicheng Acid Chemicals Co. Ltd. (China), Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (India), Perstorp AB (Sweden), Taminco Corporation (Belgium), and others.

The formic acid demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.

The market value of the formic acid market (2012) was estimated for about about $451,339.4 thousand and is estimated to reach $618,808.7 thousand by 2019, growing at a CAGR of 4.9%, from 2014 to 2019. The high demand across the industries, such as animal feedstock, leather & textile, rubber, chemical & pharmaceuticals and other industries will increase the overall formic acid consumption.

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MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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Amphoteric Surfactants Market worth $1,023 Million by 2019 - Global Trends & Forecast to 2019

The report "Amphoteric Surfactant Market by Application (Personal Care, Home Care and Industrial & Institutional, Oil Field Chemical, Agriculture Adjuvants), Type (Betaine, Amine Oxide, Amphoacetate, Amphopropionate, Sultaine) - Global Trends & Forecast to 2019" defines and segments the amphoteric surfactants market with a thorough analysis and forecasting of the market volume and value till 2019. The value of the amphoteric surfactant smarket is estimated to grow to $1,023 million by 2019, at a CAGR of 3.7% from 2014 to 2019.

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The key driving factor of the amphoteric surfactants market isthe boost in demand for mild and skin friendly surfactants in the personal care industry. Thus, the amphoteric surfactants are believed to replace the conventional surfactants. It is expected that the applications of amphoteric surfactants will increase in future with the development of new and cost-effective surfactants.

The high cost of amphoteric surfactants when compared to the conventional ones acts as a major restraint for its growth.The key driving factor for amphoteric surfactants is its increasing use in the oil filed chemicals industry. Surfactants are used in oil field industry as an additive, right from the fluids used for exploration to the finished product. The property of amphoteric surfactants performing even at high temperature and pressure is expected to replace the conventional surfactants used in this industry.

The increasing demand from personal care, home care, and industrial & institutional segments will drive the market for amphoteric surfactants. This is because of the low irritation and skin friendly nature of amphoteric surfactants along with the trend for sulfur-free personal care products. The few leading players in the amphoteric surfactants market are Evonik(Germany), Rhodia(Belgium), AkzoNobel(The Netherlands), Stepan(U.S.), Clariant(Switzerland), BASF(Germany),and Kao chemical (Japan).

The report on amphoteric surfactants covers its market trends concerning four regions, namely, the Asia-Pacific, Europe, North America, and ROW. The Asia-Pacific region is the market leader followed by North America and Europe.

Amphoteric surfactants’applications in personal care, home care, industrial & institutional, oil field chemicals, and agriculture adjuvants are included in the report along with their estimated market value and volume.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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Phase Change Materials-Latent Heat Storage Units

Phase change materials are also called as latent heat storage units because of its character of storing and releasing large amount of energy. Phase change materials (PCM) have high heat of fusion which on melting or solidifying at a certain temperature, releases large amount of energy.  Heat is absorbed or released when the material is transformed from solid to liquid or vice versa.

Source: wcec.ucdavis.edu

Characteristics:  

The temperature range for Phase Change Materials varies from -5°C up to 190°C. Range of 20 to 30 °C proved to be very effective when it comes to human comfort range as PCM stores 5 to 15 times more heat per unit volume than conventional materials like rock, water or stone.

Market Analysis:

According to a research report, the size of global phasechange material market was $460 million in 2013 which is estimated to reach $1,150 million by 2018. The firm estimates that, the PCM market is growing atvery attractive CAGR rate of 20.1% from 2013-2018.

Source: www.cryopak.com

The main growth drivers for this market are energy saving, eco friendliness and vast application base in various industries including building & construction, HVAC, cold storage, refrigeration, thermal energy storage, electronics etc. The market will see new opportunities and growing demand with reduction in prices of PCM and advancement in R&D for the materials.

Applications of Phase Change Materials:

• Thermal energy storage
• Cooling of heat and electrical engines
• Cooling: food, beverages, coffee, wine, milk products, green houses
• Conditioning of buildings, such as 'ice-storage'
• Medical applications: transportation of blood, operating tables, hot-cold therapies
• Solar power plants
• Thermal protection of electronic devices
• Thermal protection of food: transport, hotel trade, ice-cream, etc.
• Passive storage in bioclimatic building/architecture (HDPE, paraffin)
• Spacecraft thermal systems
• Thermal comfort in vehicles
• Textiles used in clothing
• Computer cooling

Source: freespace.virgin.net

There is a leading change going on these days for the uses of organic to inorganic PCMs. Inorganic PCMs dominate the market with regards to volume while organic PCMs dominate in terms of value.

Key Players in the phase change materials market are as follows:

• Sonoco Products Co., (U.S.)
• Cryopak (U.S.)
• DuPont (U.S.)
• Entropy Solutions Inc., (U.S.)
• Microtek Labs (U.S.)
• Micron Technology Inc.(U.S.)
• Phase Change Energy Solutions (U.S.)
• Laird PLC (UK)
• Datum Phase Change (UK)
• Advansa B.V. (Netherlands)
• Salca B.V. (Netherlands)
• PCM Energy, and (India)
• Pluss Polymers Pvt. Ltd (India)

Fire and Safety Issues:

Phase change materials are toxic & flammable as well as some PCMs are non-toxic. So a careful decision must be taken while choosing any PCM with regards to the building codes and engineering practices.  

European market is witnessing the highest growth because of most no. of companies established in the region. North America is another important market growing at a fast rate. Main reasons behind development of phase change materials industry are high cost of energy, wide application base & regulations imposed by governments.  

There are selected companies in phase change material market across the globe. The competition in this market is low. Most of the companies are focusing their marketing strategies around increasing awareness about the products and its advantages. The widely accepted growth strategy for market is new product development and creating new market  for phase change materials. With a high CAGR of above 20% from 2013-2018, PCM market has the promising opportunities in the years to come. 

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Increasing Demand of Seed Treatment Across The World

Source: www.bayercropscience.us

The seed treatment market is a part of crop protection market. Basically, it consists of Chemical seed treatments and Non-chemical seed treatment.

Chemical seed treatment consist of insecticides, fungicides and products like plant growth regulators, safeners & micronutrients all these made up of inorganic chemicals.

Seed treatment market is dominated by chemicals seed treatments contributing as much as 98% market leaving very little scope for non chemicals like safeners, micronutrients, and plant growth regulators.

The seed treatment market can be studied on the basis of product types, applications & geographic areas.

On the basis of type, it is classified as chemicals & non-chemicals. On the basis of application, it is classified as fungicide, insecticide, bio-control & others. Crop types such as cereals, oilseed & others can also be used to segment the market.

The market having revenue of $1,253.5 million in 2012 is expected to grow to $2,240.9 million by2018, at a CAGR of 10.2%.

90.9 % of seed treatment market was acquired by U.S. in 2012. There is a constant increase over awareness about consequences of agrochemicals residues in food. This is helping to increase demand of seed treatment across the world.

According to a report from 2012, Seed treatment insecticides are the largest segment of chemical seed treatment market with 51.3 & shares followed by seed treatment fungicides with 34.7 % of market shares.

 

Source: www.agro.basf.com

Chemical seed treatment uses petrochemicals & inorganic raw materials. The fungicide seed treatments market is growing at a CAGR of 7.6% and is expected to reach $692.0 million by 2018. The insecticides seed treatment market is projected to reach $1,161.9 million by 2018, growing at a CAGR of 10.5%

Non Chemical seed treatment is the bio based seed treatment, having raw materials as renewable resources and contains natural active ingredients. These materials are eco-friendly and have no negative effect to consumer and workforce safety. It is one of the fastest growing seed treatment market in the near future.

When it comes to growth strategy, Innovation is the best way to lead this market. Highly innovating companies having more no. of patented products are the market leaders for this market.   

Source: scientificbeekeeping.com

Key innovators in this market are as follows:  

• Chemtura (U.S.),
• DuPont (U.S.),
• Monsanto (U.S.),
• Valent (U.S.A) and
• Wolf Trax (Canada).

Also, there are some companies practicing bio-control seed treatment which have natural active ingredients in it.

Key participants in the Bio-control segment include:

• Plant Health Care (U.S.) and
• Becker Underwood (U.S.).

Major reasons for increasing demand of seed treatment market are raising GM seed prices and cost effectiveness of seed treatments over crop protection chemicals.

High degree of innovation in the field of seeds and crop industry due to advancement of biotechnology is proved to be a critical success factor for seed treatment industry.  The latest innovations proved to be successful in generating the seeds with varied traits and having stronger resistance to diseases.

We can say that there is a 3- dimensional innovation in seed treatment market as growth-friendly, crop-friendly & environment friendly. These are helping the key marketers to develop their growth strategies for the coming future. 

Service Types & Application Areas of Well Intervention Industry

Well intervention or well work activity provides well diagnostics and manages production of the well. These operations are carried on oil or gas well to maintain or increase its productivity. 

Source: www.offshoreenergytoday.com

The global market for well intervention is growing at a high rate. The offshore well intervention market having 37% shares in 2012 is expected to hold 46% market share by 2018.

Well intervention is used in different processes. Some of the important types of well intervention processes are mentioned below:

1.   Pumping

The simplest form of intervention is pumping where no hardware is used inside the well. The pumping process involves rigging up to the kill wing valve on the Christmas tree and pumping the required chemicals into the well.

2.   Wellhead and Christmas tree maintenance

The complexity of Wellhead and Christmas tree maintenance can vary depending on the condition of the wellheads. Scheduled annual maintenance may simply involve greasing and pressure testing the valve on the hardware. Sometimes the downhole safety valve is pressure tested as well.

3.   Slickline

Slickline operations may be used for fishing, gauge cutting, setting or removing plugs, deploying or removing wireline retrievable valves, and memory logging.

4.   Coiled tubing

Coiled tubing is used when it is desired to pump chemicals directly to the bottom of the well, such as in a circulating operation or a chemical wash. It can also be used for tasks normally done by wireline if the deviation in the well is too severe for gravity to lower the toolstring and circumstances prevent the use of a wireline tractor.

5.   Snubbing

Snubbing, also known as hydraulic workover, involves forcing a string of pipe into the well against wellbore pressure to perform the required tasks. The rigup is larger than for coiled tubing and the pipe more rigid.

6.   Workover

In some older wells, changing reservoir conditions or deteriorating condition of the completion may necessitate pulling it out to replace it with a fresh completion.

7.   Subsea well Intervention

Subsea well intervention is somewhat more challenging which requires advance planning. This type is mainly used in high or medium intervention vessels such as snubbing and workover.  

Source: www.offshoreenergytoday.com

The global market for well intervention consists of different types of services and its applications in different areas. Detailed analysis of well intervention market gives rise to many factors like market drivers, threats & opportunities in the market etc.

Main service areas of this market are bottom hole surveys, stimulation jobs, tubing/packer failure & repair, zonal isolations operations, remedial cementing, fishing, re-perforation, artificial lift services and sand control services.

The demand for workover services is increasing because it is more useful in the oil and gas production from aging brown fields. The demand for well intervention services is increasing globally due to increased demand & large investments for oil field developments. America is the region with most no. of market shares followed by Europe & Asia-Pacific.

Oil field developments in the U.S. are said to be largest end user industry for well intervention services.

Well Intervention: $17.48 billion market by 2018 signify firm annualized growth rate of 11.9%

Well intervention market has huge potential, the reason behind that is existing oil reserves are depleting at a high rate which forces oil companies to operate in offshore site.  Another factor is the increasing energy demand. To satisfy the increasing demand of oil and gas, oil companies are looking for unlocking the full potential of wells.

Hence, there is a large scope for improvement in equipments and technologies of well intervention. In order to maintain production of oil & gas as per demand, it is important to maintain wells and extract the maximum resources.

Most of the key market players in this market are based in Americas whereas players with significant market base are in Europe. The other countries are witnessing emerging trends of the market.

Key market players in this market are:

• Schlumberger Ltd (U.S.),
• Weatherford International Ltd (Switzerland),
• Aker Solutions ASA (Norway),
• Archer – The Well Company (Bermuda),
• Halliburton Co. (U.S.),
• Superior Energy Services (U.S.),
• Nabors Industries Ltd (Bermuda),
• Baker Hughes Inc. (U.S.)

The growth strategy of this industry is developed by strategies of key market players. The commonly used growth strategies by key players in this market are merger & acquisition, diversification & expansions, NPD or new services and improvement in technology.

The global market for well intervention is growing at a high rate. The offshore well intervention market having 37% shares in 2012 is expected to hold 46% market share by 2018.

Logging & bottom hole survey, tubing/packer failure & repair, and stimulation are the major well intervention market contributing 50% of the market.

The demand for technologically advanced and cost effective intervention solutions leads to launch highly innovative and integrated intervention services.

The cost effective intervention technologies are proved to be very useful for companies to expand growth strategy into new and emerging market.

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