Aluminum Honeycomb Market is estimated to reach ~40 billion USD due to the growing demand by Aerospace Industry

Market Overview:
Honeycomb structures composed of small hollow cells of hexagonal or honeycomb shaped geometry to reduce the amount of material used. This helps to minimize weight, lower the cost, and maximize strength of the structure. Aluminum is the most preferred metal for making a honeycomb structure due to its light weight and greater strength. It exhibits many desired properties such as greater strength-to-weight ratio, stiffness, and resistance to compression. The most important characteristic feature of aluminum is that it exhibits higher recyclability. Almost 90% of all the aluminum materials produced annually are derived from the recycled aluminum. This mitigates the environmental as well as cost concerns regarding aluminum.  Global Aerospace Market is estimated to reach ~40 billion USD at CAGR of 6% during 2016 to 2023. This in turn is expected to fuel the demand of Aluminum Honeycomb. In addition to aerospace industry, global marine industry is anticipated to grow at significantly higher CAGR, to boost demand of the product.

Competitive Analysis:
Key players in the Global Aluminum Honeycomb Market are Hexcel Corporation (U.S.), Argosy International Inc. (U.S.), EURO-COMPOSITES (U.S), Benecor, Inc. (U.S.), Alucoil (Spain), Plascore (Germany), Corex Honeycomb (U.K.), Coach Line Industries (India), Motonity Private Limited (India), Universal Metaltek (India), and others.

Market Segmentation:
The Global Aluminum Honeycomb Market has been segmented on the basis of application, end use industry, and region. On the basis of application, the market is divided into core, sandwich panel, working surfaces, aerodynamics, lighting, and others. The use of Aluminum Honeycomb as core is vastly spread in industries such as aerospace, marine and defense for making main body of aircrafts, fighter jets, and vessels. Core is essentially strong, stiff and light weight at the same time for such heavy duty equipment. Apart from core, the Aluminum Honeycomb is used as sandwich panels in attachments to the main body of automobile and ships. In addition to this, the aluminum honeycomb is used in aerodynamics applications to reduce the turbulence of air and making its flow laminar in order to prevent main body from damage. Moreover, in electronic equipment the Aluminum Honeycomb is fitted after exhaust fan to withstand the radiant heat that comes out of such devices. Other significant applications where Aluminum Honeycomb find its uses include, sports and furniture making among the others.

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Based on end use industry, the Global Aluminum Honeycomb Market is segmented into aerospace, marine, defense, automotive, construction, and others. Aerospace industry is gaining momentum around the world owing to the competition among the leading space faring economies namely U.S, India, Russia, China, and European countries. The Global Aerospace Market which includes designing and manufacturing of aircrafts as well as spacecraft is set to witness the highest growth among all the end use industries of Aluminum Honeycomb. This is posing as a great opportunity for the global aluminum market which find its major use in aerospace industry. Following aerospace industry, marine industry is growing at substantial CAGR of 7.5% on account of an increasing ship building activities in the coastal countries. In addition to this, defense sector of major military power countries namely, U.S., Russia, China, and India is flourishing with the growing aspirations of these countries to enhance their deterrence abilities. This, in turn is projected to boost the demand of Aluminum Honeycomb in making warfare grade military vessels, fighter jets, and aircraft carriers. Moreover, there is an increasing demand of light weight automobiles to enhance fuel efficiency which is anticipated to help push the growth of Global Aluminum Honeycomb Market.

Regional Analysis:
The Global Aluminum Honeycomb Market is geographically divided into five key regions which are Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is the leading region among them owing to the increasing demand from aerospace industry in this region. Countries namely India, China, and Japan are the major markets in this region owing to the growth in demand from aerospace and marine industries. North America is the second most significant region in the Global Aluminum Honeycomb Market. U.S. is the leading market in this region due to the presence of well-established end use industries such as aerospace and defense. Europe is another substantial region in the Global Aluminum Honeycomb Market. The major markets in this region are U.K., Germany, France and Switzerland, where there is a growing demand of aluminum by automobile and aerospace industry. Industrialization in Latin America is on the rise with pacifying political and economic scenario in Brazil. During the forecast period the region anticipated to hold considerable share in the Global Aluminum Honeycomb Market. The Middle East & Africa is currently holding least share in the Global Aluminum Market, which may witness growth in coming years on account of growth opportunities in composites and core material market.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       Jayant Agro-Organics limited
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Gokul Refoils and solvent limited
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Adya oils and chemicals limited
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Liaoyang Huaxing chemical group corp.
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       Hokoku corporation
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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Growing Green Packaging Industry is expected to propel growth of the Global Green Polymer Additives Market

Market Overview:
Polymer Additive is a chemical compound that is added into the polymer to modify its properties. The properties enhanced by addition of different types of additives include increased strength, durability, and resistance. Additionally, it improve thermal, electrical, and chemical stability, and flame retardation ability. Additives are selected by the types of polymer additive and the end use application in which it is going to be deployed. The Green Polymer Additives are made using organic or biodegradable substance. The Global Bio-Degradable Polymer Market is estimated to grow at a CAGR of ~20%, which is projected boost the growth of the Global Green Polymer Additives Market. Packaging, especially food & beverages packaging industry, is expected to fetch major share of the green polymer additives. Apart from packaging materials, the ability of Green Polymer Additives to produce better, durable, stronger materials and at the same time Bio-Degradable Materials such as molded containers, films, and cushioning is expected to fuel the growth of the market during the forecast period.

Market Segmentation:
The Global Green Polymer Additive Market is segmented on the basis of type, application, and region. On the basis of type, the market is classified into plasticizers, stabilizers, fillers, flame retardants, and others. Among them, the plasticizer holds the major share of the Global Polymer Additives Market. It accounts for ~40% share of the overall Green Polymer Additives type. This attributed to its low cost and major usage in applications in such as jacketing, floor and wall coating, and other coatings fibers. The Global Plasticizers Market is estimated grow at the highest CAGR of ~9% on account of increasing applications in packaging materials, medical devices, and consumer goods. Another important type of Green Polymer Additive is stabilizer. The stabilizer prolong the lifespan of a polymer by suppressing degradation. The stabilizers find their applications in UV stabilization of polymer, thermal, and electrical stabilization. Additionally, some typical stabilizers also act as an antioxidants. The Global Stabilizer Market is growing at a significant rate and environmental concern may help to drive the demand for Green Polymer Additives.

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Based on application, the Global Green Polymer Additive Market is segmented into packaging, automotive, biopolymer, injection molding, caps & closures, and others. The use of Green Polymer Additives in the manufacturing of Green Polymeric Material to be used in packaging is expected to lead the overall demand. Growing environmental concerns is driving the demand for bio-degradable material. Both developing and developed countries are making regulatory policies to curb use of the synthetic packing materials, which is expected to drive the demand for green polymer additives in manufacturing of bio-degradable materials. The Global Green Packaging Market is estimated grow at a CAGR of ~7% on account of the growing demand for harmless, eco-friendly, and bio-degradable packaging materials by consumers. The Global Automotive Industry is also following the “green path” when it comes deploy biodegradable polymer materials in manufacturing of diverse automotive parts such as hose pipes, airbags, dash board covering, and impact absorber, among the others.  This, in turn, is anticipated to fuel the demand for the Green Polymer Additive.

Regional Analysis:
The Global Green Polymer Market is segmented into five key regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the largest market in the Global Green Polymer Additives Market. It accounts for ~40% share of the market as of 2016. The U.S. is the major contributor to the regional market owing to an increasing use of green packaging and the presence of major key players.  Europe is closely following North America in terms of the market size owing to increasing research in development of Green Polymeric Materials.  Countries namely, the U.K., Belgium, the Netherlands, and Germany are the major players in this region. Asia pacific holds relatively smaller share in the Global Green Polymer Additives on account of lack of technology development and expertise. During the forecast period the region is anticipated to grow at a considerable CAGR due to ongoing R&D activities in the field of Green Chemistry. In coming years, Latin America is expected to leverage upon its achievement in the field of development of green fuel to gain momentum in the Global Green Polymer Additives Industry.

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Competitive Analysis:
Some of the key players in the Global Green Polymer Additive Market are Emery Oleochemicals Group (Malaysia), DuPont (U.S.), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), BASF SE (Germany), Lanxess A.G. (Germany), AkzoNobel N.V (Netherlands), Evonik Industries  AG (Germany), PolyOne Corporation (U.S.), Solvay S.A. (Belgium), Myriant Corporation (U.S.), and others.

Key Points from Table of Contents:

11.    Company Profiles   

11.1       Emery Oleochemicals Group
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       DuPont.
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Arry International Group Limited
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Clariant AG
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

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Super Engineering Plastics Market is likely to grow at CAGR of 7% owing to an increasing demand from automotive and transportation industry

Market Overview:
Engineered plastic is a material exhibiting advanced mechanical and thermal properties. Generally the Engineering Plastic constitutes a group of plastics which distinguish themselves from commodity plastics primarily by demonstrating improved mechanical behavior over a wide range of stress and temperature. Basically all high temperature resistant plastics are being regarded as Engineering Plastics. The super engineering plastics lie one level up on the spectrum of the Engineering Plastics. It exhibits comparatively more advanced properties such as high thermal and mechanical resistance, fire safety and great chemical properties. These characteristic features of the Super Engineering Plastics favor its demand over the commodity plastics. Modifying motor vehicles acts and growing environmental concerns in favor of conservation of natural resources such as iron and other metals fuelling the demand of super engineering plastics for making bumper, dash boards and other under-hood automotive parts.

Competitive Analysis:
Key players in the Global Super Engineering Plastics Market are Solvay SA (Belgium), Tosoh Corporation (Japan), DIC CORPORATION (Japan), TORAY INDUSRTIES, INC. (Japan), KUREHA CORPORATION (Japan), NHU Materials Co. (China), LION IDEMITSU COMPOSITES CO.,LTD (Japan), BASF SE (Germany), Huntsman International LLC. (U.S.), LG Chem. (South Korea).

Market Segmentation:
The Global Super Engineering Plastics Market is segmented on the basis of type, end use industries, and region. On the basis type the market is divided into Acrylonitrile butadiene styrene (ABS), Polyamide (PA), Polybutylene terephthalate (PBT), Polyethylene terephthalate (PET), Polyether ether ketone (PEEK), Polyphenylene sulfide (PPS), and others. Among these types, ABA is holding ~35% share of overall demand of super engineering plastics owing to its applications in major end use industries such as automotive industry and other household use. In addition to automotive industry, ABS finds applications in manufacturing pipes for carrying drain-waste, enclosures of electrical assemblies, and protective headgears. Growing demand of ABS for making protective gears and high end plastic equipment in sports industry are expected to propel the product demand.  Polyamide (PA) is second major segment in terms of overall demand of Super Engineering Plastics. Transport manufacturing industry is the major consumer of polyamide, which accounts for 35% of PA consumption. Apart from this, synthetic polyamides are also used in textile, carpet making, and sports industry. Moreover, polybutylene terephthalate (PBT) and Polyethylene terephthalate (PET) are also substantial type of Super Engineering Plastics. The major applications of PBT can be found in making insulating heads of housing electrical and automotive electronics and as a yarn in sportswear. Excellent water and moisture barrier ability of PET makes it useful in manufacturing bottles and containers for soft drinks and flexible food packaging material.

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Based on end use industries the Global Super Engineering Plastics Market is segmented into Automotive & transportation, electrical & electronics, packaging, textile, sports and others. Automotive & transportation industry is the leading consumer of overall super engineering plastics. The Super Engineering Plastics are used to manufacture bumper and dash boards, electronics insulation, gasket and packaging in automotive. The growing demand of vehicles around the world is expected to drive the market of super engineering plastics. Electrical & electronics industry also consume sizeable amount of super engineering plastics in vast number of applications such as an insulator, enclosures in electronics assemblies of various equipment’s and devices. In household electrical, the applications of Super Engineering Plastics can be found in plug connectors and handle bars of high voltage electronic devices. Furthermore, packaging industry is one of the major end use industries of Super Engineering Plastics. The PET bottles and cans are majorly used in packaging foods and beverages. Rapidly changing lifestyle has increased the use of packaged food which is anticipated to continue over the forecast period to propel growth of the Global Super Engineering Plastics Market.

Regional Analysis:
Geographically, the Global Super Engineering Plastics Market is divided into five key regions including Asia Pacific, North America, Europe, Middle East & Africa and Latin America.  Asia pacific holds the major share of overall Super Engineering Plastics Market in terms of market size. It accounts for ~40% of the Global Super Engineering Plastics Market. India, China, and Japan are the leading markets in this region owing the growth of automotive & transportation industries in these countries. North America is also one of the significant region in the Global Super Engineering Plastics Market. U.S. is the major market in this region wherein aerospace and automotive sector is a primary consumer of Super Engineering Plastics. Europe is a substantial region in the Global Super Engineering Plastics Market. Countries namely Germany, U.K., France, and Italy are the major markets in this region due to the well-established automotive industry in these countries. The Middle East & Africa is estimated grow at considerable CAGR during the forecast period on account of growing investment activities and potential market in this region. Latin America is projected to join hands with the leading regions in the Global Super Engineering Plastics Market with pacifying political and economic situation in Brazil.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       Solvay SA
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Tosoh Corporation
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       DIC CORPORATION
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       TORAY INDUSRTIES, INC.
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

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Green Composites Market 2017 - Flex Form Technologies (U.S.), TECNARO GMBH (Germany), Procotex SA Corporation NV (Belgium), GreenGran BN (The Netherlands)

Market Overview:
Green Composites are highly adopted by automotive industry as well as construction industry, due to properties including physical and chemical properties associated with these composite. Extensive research is going on these composites, as they are reasonable recyclable, and biodegradable in order to increase its utilization. Over the years, major concern of decreasing natural resources like crude oil led to increase in adoption of Green Composites, which is expected to drive the market growth in coming years. On the other hand, shifting trend of automakers from petro based composites to Green Composites, which has surged massive demand for these composites. 

Competitive Analysis:
Key players of the Global Green Composites Market are Flex Form Technologies (U.S.), TECNARO GMBH (Germany), Procotex SA Corporation NV (Belgium), GreenGran BN (The Netherlands), UPM Biocomposites (Germany), MCG Biocomposites LLC. (U.S.) and ALPAS srl (Italy) and others.

Market Segmentation:
The Global Green Composites Market is majorly segmented on the basis of fibre type, applications and regions. On the basis of fibres global market has been divided into wood fibres and non-wood fibres. Wood fibres further sub-segmented into jute, hemp, kenaf, sisal, coir, and others, whereas non-wood fibres sub-segment into polyethylene, polypropylene, polyvinyl chloride, and other. Non-wood fibres are the largely used fibres in almost all applications and have gained popularity in commercial use. This is due to advantages of non-wood fibres over manmade glass fibres such as reduced cost, low density, distinct mechanical properties, and less energy consumption.

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On the basis of application, Global Green Composites Market has been segmented into automotive & transportation, aerospace, healthcare, military, construction, packaging and others includes marine. As of now, Automobile application of green composites is dominant segment, followed by construction. Natural fibres are cost effective in terms of production and are comparatively tougher than steel which are largely used in automotive applications. Due to these benefits automakers are looking forward to opt for Green Composites in this industry. Construction applications for green composites is also emerged as one of the fastest growing segment over the years. Easily mouldable and rigid nature of these composites have made them suitable in construction industry. In addition, growing construction activities in emerging economies across the globe anticipated to increase shares of this segment in the years to come.

Regional Analysis:
Asia Pacific emerged as leader in Global Green Composites Market. The region occupy 43% of global market shares as of 2016. Over the years Asia Pacific known for massive industrial growth which has surged demand for Green Composites, as they are highly applicable in this industry.
Based on country China and India are one of the largest producers of these composites, which will help Asia Pacific region to emerge as manufacturing hub in global market for these composites. Apart from this, Asian markets growth is greatly driven by strong demand from construction industry due to growing residential and non-residential projects along with large commercial constructional activities undertaken by government. North America is the second largest market for Green Composites grown moderately over past few years. Strict governmental regulation in this region predominantly driving regional growth for these composites. Based on countries U.S. and Canada have driven regional growth; particularly in Canada which has several suppliers of Green Composites targeting emerging markets. Europe region is anticipated to surpass its own regional shares over the forecast period. Favourable government policies in growing construction industry will help this region to grow significantly during forecast period.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       Flex Form Technologies
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       TECNARO GMBH
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Procotex SA Corporation NV
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       GreenGran BN
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       UPM Biocomposites
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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Castor Wax Market 2017 - Liaoyang Huaxing Chemical group corp. (China), Hokoku Corporation (China), BOM Brasil Oleo De Mamona Ltda. (Brazil), Enovel (Brazil)

Market Overview:
Green Composites find its applications in divers sectors namely from household to the industrial applications it has found its way into various industries. There is still much more to explore about its ever increasing applications over synthetic waxes. Among other applications of Green Composites, their use as a lubricant, grease, polishing agent, heat sealing adhesives is leading the market at present, particularly in Asia Pacific. It is anticipated that in the coming years Green Composites will see sharp rise in demand in cosmetics and personal care industry. Followed by personal care, healthcare and food & beverages would help push the growth of the market further. This trend is likely to continue for the entire forecast period. In addition to this, the growing sentiments in favor of the use of oleo chemicals is poised to boost the market of Green Composites. Asia Pacific is anticipated to remain the largest producer and emerge as lading consumer of Green Composites in the coming years.

Competitive Analysis:
Key players in the Global Castor Wax Market are Jayant Agro-Organics limited (India), Gokul Refoils and Solvent limited (India), Adya oils and chemicals limited (India), Liaoyang Huaxing chemicals group corp. (India), Hokoku Corporation (China), BOM Brasil Oleo De Mamona (Brazil), Enovel (Brazil), Frank B. Ross Co. Inc. (US).

Market Segmentation:
The Global Green Composites Market has been broadly segmented on the basis of applications, end use industries, and region. Based on applications the market is segmented into personal care, healthcare, lubricants, grease, polishing agent, and others. Wherein lubricants and grease dominated the market till 2016, particularly in Asia Pacific. In future, during the forecast period, personal care and healthcare are expected to drive the market forward. Additionally, characteristic features of Green Composites such as emulsifier, plasticizer, dispersing agent make them the most preferred ingredient in cosmetics & personal care industry and paints industry as well. The understanding of masses regarding the vast and ever increasing uses of Green Composites is growing swiftly which help boost its demand during forecast period. Strict regulations by developed countries against the use of synthetic waxes in various application such as personal care and food coating would see the rise in the global market of Green Composites.

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On the basis of end use industries Global Green Compositeses Market has been divided into cosmetics and personal care industry, paints and coatings industry, pharmaceutical industry, automotive industry, textile industry, paper industry, leather industry, and others. Among them Green Composites is majorly used in petroleum industries for manufacturing bio-lubricants and grease, till 2016. Cosmetics and personal care industry is anticipated to lead demand of Green Composites during the forecast period and even after that. Growing demand for natural remedies and ayurvedic medicines around the world is expected to boost the market of Green Composites in pharmaceutical industry. Research and development initiatives undertaken by industries in diverse sector is expected to push the demand of Green Composites. Significant number of industries are shifting from the use of petrochemicals to oleo chemicals. In addition to the government policies, the growing corporate sentiment in favor of green chemistry is anticipated to take the demand for Green Composites Further.

Regional Analysis:
Asia Pacific is leading the Global Castor Oil Market. It accounts for more than 50% of its global market share as of 2016. Throughout the forecast period the region is expected to remain dominant. The largest installed capacity of Green Composites production and leading cultivator of castor seed in India and China are the propellants of regional market. Apart from that, growing applications of Green Composites in cosmetics and personal care, pharmaceuticals, and food industries in the region would be the drivers of growth in the region. The present demand of Green Composites in making bio-lubricants and grease, in the region, is also anticipated to grow further during the forecast period. Western Europe is the second largest market for Green Composites, Followed by Asia Pacific. The regional growth of the market is driven by demand from end use industries namely cosmetics and pharmaceuticals. UK and Germany are expected to lead the regional market owing to increasing industrial and household applications. Latin America stands third in the Global Green Composites Market with Brazil accounting for more than 70% of regional market share.  North America comes third in terms of market size of Green Composites in the world. Wherein, USA is the leader followed by Canada. Lastly, other regional markets such as Middle East, Africa, and Eastern Europe are expected join the hands with present leading regional markets to take the Global Green Composites Market ahead during forecast period and even after that.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       Jayant Agro-Organics limited
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Gokul Refoils and solvent limited
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Adya oils and chemicals limited
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Liaoyang Huaxing chemical group corp.
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       Hokoku corporation
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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Polyhydroxybutyrate Market is to grow significantly in the next seven years

Market Overview:
Polyhydroxybutyrates (PHBs) are members from a family of Polyhydroxyalkanoates (PHAs). PHB is a kind of thermoplastic polymer and is completely biodegradable. PHB is used in various end use industries such as pharmaceutical, food, agriculture, automotive, and others due to its good oxygen permeability, non-toxicity, water resistant, and biodegradability. PHB exhibits excellent stiffness and crystallinity, thus long fiber PHB is widely used in car interiors and other automotive parts. PHB find application in the development of implanted medical devices for orthopaedic, dental, hernioplastic, and skin surgeries. PHB based medical devices include biodegradable screws and plates for bone fixation, bioresorbable surgical sutures, wound covering, among others.

The growing demand for PHB market is mainly attributed to the increased environmental concern resulting in consumers’ preference shift toward eco-friendly packaging. A major challenge encountered by manufacturers of PHB is its high cost of production. However, with more investment by market players in the development of new manufacturing processes, the cost may reduce in future.
Petroleum reserves are depleting day by day which is leading to increasing cost of petrochemicals and consequently petrochemical based polymers are becoming expensive which will further boost up the demand for alternative low-cost bio-polymers.

Competitive Analysis:
The major players operating in the Polyhydroxybutyrate Market include BASF SE (Germany), Biomer (Germany), TianAn Biologic Materials Co., Ltd. (China), PHB Industrial S.A (Brazil), BIO-ON (Italy), Telles, LLC (U.S), TEPHA INC (U.S) and others.

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Market Segmentation:
Polyhydroxybutyrates is segmented on the basis of application and end use industry. On the basis of application, the market is categorized into medical devices, packaging, mulch films, and others. On the basis of end use industries, Polyhydroxybutyrates is segmented into pharmaceutical, food, agriculture, automotive and others.

Packaging and mulch film application are expected to hold a larger share as compared to other application. Increase in the production scale of packaging and mulch film manufacturing coupled with rising environmental awareness with regards to the disposal of these products is expected to drive the PHB Market growth.

Growth in demand of PHB based medical products has been observed due to rising share of PHB in pharmaceutical industry. Therefore, PHB market is projected to grow at a significant CAGR over the forecast period. In the past couple of years, significant increase in the development of microcapsules based on biodegradable polymer has been observed, thus increase the importance of PHB in medical application. The above mentioned factor is anticipated to increase the market growth.

The demand for innovative packaging container, especially those possess environmental friendly nature is one of the major factor driving the market growth. Furthermore, increasing demand for convenience food and shift in consumer focus towards eco-friendly products are the major drivers for market growth.

Regional Analysis:
Europe is estimated to be the largest regional market for Polyhydroxybutyrate followed by North America on account of growing food, pharmaceutical, and automotive segment. Increased pharmaceutical use of PHB in countries such as Germany, UK, and Italy is expected to increase PHB demand over the forecast period.

Asia Pacific is anticipated to grow at highest CAGR over the forecast period due to increasing demand from end-use industries such as food, pharmaceutical, automotive, and agriculture. The demand for PHB is predicted to increase in developing countries such as Japan, Thailand, China, and India owing to rising automotive and pharmaceutical industries in these countries.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       BASF SE
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Biomer
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       TianAn Biologic Materials Co., Ltd.
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       PHB Industrial S.A
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       BIO-ON
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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Barium Derivatives Market 2017 - Solvay (Belgium), Zigong Gold Way International Ltd. (China), Alpha Chemika (India), American Elements (U.S.)

Market Overview:
Barium Derivative find their applications in diverse fields, starting from construction, mining to explosives it is used in various industries. Apart from this Barium Derivatives are used in mining as a drilling fluid, for water treatment, and in metal alloys. Both, developed and developing countries are focusing over infrastructural developments which is set to pose building & construction industry as major driving factor in Global Barium Derivative Market. Followed by building & construction, steadily increasing automotive industry may witness higher demand of metal alloys. In addition to that use of barium derivative in making alloys of steel and aluminum has been maximized over the years. This trend has been anticipated to continue over the forecast period. In coming years, the Global Barium Derivative Market is estimated to grow at double digit CAGR. There is rising use of the products such as ceramic glaze, tiles, and glass in construction activities which is expected to propel the overall market growth.

Competitive Analysis:
Key players in Global Barium Derivative Market are Solvay (Belgium), Zigong Gold Way International Ltd. (China), Alpha Chemika (India), American Elements (U.S.), Shanghai Yixin Chemical Co., Ltd.(China), Rahul Barium Chemicals Pvt. Ltd. (India), Santa Cruz Biotechnology (U.S.), Sigma-Aldrich Co. LLC. (U.S.), Divjyot Chemicals Private Limited (India), Oasis Fine Chem (India).

Market Segmentation:
The Global Barium Derivative Market has been segmented on the basis of type, application, and region. Based on type the market is divided into barium carbonate, barium sulfate, barium chloride, barium nitrate, and others. Among them, market is majorly driven by the rising demand of barium carbonate in construction activities. Moreover, glass making industry is growing hand in hand with building & construction which thereby add in high demand of barium carbonate. After barium carbonate, demand of barium sulfate for manufacturing drilling fluids to be used in mining is pushing the growth of Global Barium Derivative Market. Barium chloride find its major application in water treatment. Strict regulations for chemical industries to treat water before discharge in developed countries namely U.S., and, U.K. has raised the demand of barium chloride. Developing countries are now following the same path. This trend is expected to boost growth of the overall market of barium derivatives. Lastly, expanding military power of counties namely U.S., China, Russia, and may witness the rise in demand of barium nitrate for making explosives. Collectively these developments around the world in demand of Barium Derivatives is poised to fuel the growth of the market in coming years.

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On the basis of applications, Global Barium Derivative Market is segmented into construction, metal alloys, mining, explosives, water treatment, and others, wherein the demand of Barium Derivatives is maximum in building & construction industry. Their increasing demand is majorly attributed to growing use of ceramic glaze, walls & floor tiles, and glass in construction activities. Almost every country in the world is heavily investing in infrastructural developments. Followed by building & construction, automotive industry is anticipated to pull maximum demand of Barium Derivatives due to high application of product in manufacturing steel and aluminum alloys. The scarcity of rare earth metals and other minerals necessitates maximizing mining and exploration activities, which is expected to push the demand of Barium Derivatives for manufacturing drilling fluids. Growing sentiment in favor of judicious use of natural resources, including water is gaining pace all over the world. In addition to that, stringent regulatory measures are being adapted by both developed and developing countries, is projected to witness the rise in demand of Barium Devatives in water treatment. This whole scenario in demand of Barium Derivatives is signifying the growth of Global Barium Derivative Market in near future and expected to continue throughout the forecast period.

Regional Analysis:
Asia Pacific, North America, and Europe are the major regions in Global Barium Derivative Market. Other regional markets are Latin America and Middle East & Africa. Asia Pacific accounted for more than 50% of global market as of 2016. The increasing use of Barium Derivative in the region is attributed to the growing building & construction activities. China and India are leading the demand in this region. Moreover, automotive industry in this region is projected to reach a new heights in coming years. North America is closely following Asia Pacific to rank second in terms of market share of Global Barium Derivative Market. Strengthening of automotive industry is the main driver of demand for barium derivatives in this region. Europe is another substantial region for Barium Derivative Market in the world. The regional demand of Barium Derivatives is driven by its applications in automotive and water treatment. U.K and Germany holding the major share of market in this region. Lastly other regions namely Latin America and, Middle East & Africa holding relatively smaller share in Global Barium Derivative Market. Nevertheless, with steadily increasing industrialization in these regions, it is projected that they may acquire significant share in Global Barium Derivative Market during the forecast period.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       Solvay
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Zigong Gold Way International Ltd.
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Development

11.3       Alpha Chemika
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       American Elements
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       Shanghai Yixin Chemical Co., Ltd.
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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