Global Ethylene Market is Anticipated to Reach US$ 234.2 Bn by 2020: Transparency Market Research

Transparency Market Research has released a new market report titled “Ethylene Market for Polyethylene, Ethylene Oxide, Ethylene Benzene, Ethylene Dichloride and Others, and Packaging, Automotive, Construction, Agrochemical, Textile and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global ethylene market was valued at US$ 156.0 Bn in 2013 and is projected to reach US$ 234.2 Bn by 2020, expanding at a CAGR of 6.0% from 2014 to 2020

Browse the full report of Ethylene Market: http://www.transparencymarketresearch.com/ethylene-market.html

Ethylene is produced from petrochemicals by steam cracking. It is particularly used for producing polyethylene, ethylene oxide, ethylene benzene, ethylene dichloride, vinyl acetate, and alfa olefins. These compounds and their derivatives such as ultra-high-molecular-weight polyethylene (UHMWPE), high-density polyethylene (HDPE), low-density polyethylene (LDPE), ethylene glycol, glycol ethers, ethanolamine, and acrylonitrile are used in end-user markets such as packaging, automotive, construction, agrochemicals, textiles, and soaps and detergents. In terms of regions, Asia Pacific was the largest segment of the global ethylene market in 2013, owing to the growth of packaging, automotive and construction industries in Asian countries. In terms of volume, Asia Pacific accounted for more than 30% of the global ethylene market in 2013.

Asia Pacific is projected to be the fastest growing market for ethylene during the forecast period. The demand for ethylene in Asia Pacific would be principally driven by rapid rise in the consumption of ethylene in China, India, Malaysia, Thailand and Vietnam. Multinational conglomerates in the plastics industry are gradually shifting their production base to developing Asian economies to take advantage of skilled and cheap labor and less stringent environmental regulations. This is expected to drive the demand for ethylene in the Asia Pacific region in the next few years. The ethylene market in RoW is also projected to expand significantly in the forecast period, while the ethylene market in North America and Europe is estimated to witness moderate growth due to slow yet steady recovery of these developed regions from the economic slowdown. 

Browse the full Press Release of Ethylene Market: http://www.transparencymarketresearch.com/pressrelease/ethylene-market.htm

Key players operating in the ethylene market include Saudi Basic Industries Corporation (SABIC), The Dow Chemical Company, Exxon Mobil Corporation, Royal Dutch Shell plc, China Petroleum & Chemical Corporation (Sinopec Corporation), Chevron Phillips Chemical Company LLC, Total S.A., LyondellBasell Industries, National Petrochemical Company (NPC), and INEOS Group AG.

The report segments the global ethylene market as follows:

Ethylene Market: Application Analysis

• Polyethylene
• Ethylene oxide
• Ethylene benzene
• Ethylene dichloride
• Others (including vinyl acetate and alpha olefins)

Ethylene Market: End-user Analysis

• Packaging
• Automotive
• Construction
• Agrochemical
• Textile
• Others (including soaps & detergents)

Ethylene Market: Regional Analysis

• North America
• Europe
• Asia Pacific

o   China

o   Japan

o   Rest of Asia Pacific

• Latin America
• RoW (Middle East & Africa)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Global Medical Device Coatings Market is Expected to Reach US$ 10.93 Bn in 2020: Transparency Market Research

Transparency Market Research has published a new report titled “Medical Device Coatings (Anti-microbial Coatings, Hydrophilic Coatings, Drug-eluting Coatings and Other Coatings) Market for General Surgery, Cardiovascular, Neurology, Gynecology, Orthopedics, Dentistry and Others End-users – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.” According to the report, the global market for medical device coatings was valued at US$ 6.63 Bn in 2013 and is projected to reach US$ 10.93 Bn in 2020, expanding at a CAGR of 7.4% between 2014 and 2020.

Browse the full Medical Device Coatings Market Report: http://www.transparencymarketresearch.com/medical-device-coatings-market.html

Demand for medical device coatings was the largest in North America. The region held over 45% share of the global medical device coatings market in 2013. The market for medical device coatings is mature in the region; however, strategic collaborations with developing countries such as Brazil, India and China are anticipated to boost the overall growth of the market in the next few years. Europe was the second-largest market for medical device coatings in 2013. Growth of medical device coatings in the region is likely to decline by 2020, owing to stringent governmental regulations imposed on the coatings industry by the European Union. Asia Pacific is estimated to be the most lucrative market for medical device coatings during the forecast period. Significant foreign investment coupled with lenient governmental regulations is expected to drive market growth. Furthermore, penetration of new medical device manufacturing firms has resulted in the expansion of the medical device industry in China.

Demand for better medical facilities is expected to increase in the next few years due to increasing healthcare awareness and rising disposable income in emerging economies. Demand for medical device coatings is anticipated to rise during the forecast period, led by growth of the medical devices manufacturing industry in countries such as India, China, and South Korea. Medical device coatings are applied on various devices, including surgical instruments, in vitro diagnostic devices, artificial implants, electro-medical equipment and dental handling and ophthalmic instruments. The market for medical device coatings is projected to expand in Asia Pacific due to growing awareness about hygiene in the region. 

Factors such as volatility in prices of raw materials and stringent environmental regulations have been hampering the market growth of medical device coatings in Europe over the past few years. Countries such as Germany, the U.K., France and Italy have been the major consumers of medical device coatings in the recent past. This trend is estimated to continue during the forecast period. In Rest of the World, South America accounts for the majority of demand for medical device coatings, owing to growing healthcare facilities and healthcare awareness among consumers. Demand for medical device coatings has increased in the region due to rising disposable income and positive approach of governments in countries such as Argentina and Brazil. Demand for medical device coatings is likely to rise in near future due to rise in epidemic and chronic diseases in Africa.

Browse the full Press Release of this report: http://www.transparencymarketresearch.com/pressrelease/medical-device-coatings-market.htm

Medical Device Coatings Market – Product Segment Analysis

• Anti-microbial coatings
• Hydrophilic coatings
• Drug-eluting coatings
• Others (Including anti-thrombogenic coatings)

Medical Device Coatings Market – End-user Analysis

• General surgery
•  Cardiovascular
• Neurology
• Gynecology
• Orthopedics
• Dentistry
• Others (Including ophthalmology)

Medical Device Coatings Market - Regional Analysis

• North America
• Europe
• Asia Pacific
• Rest of the World (Including Latin America, the Middle East and Africa)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare

90 State Street, Suite 700

Albany, NY 12207, Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

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Dow Chemical Company to Divest Chemical Operations to Olin Corp in US$ 5 billion Deal

The Dow Chemical Company has announced a US$ 5 billion deal with Olin Corp. As part of the new business agreement, the former will split its chlorine businesses and combine these with Olin Corp., which is based in Missouri. The terms of this agreement, which recently received the go-ahead from the boards of both companies, entail the merger of Dow’s entities—Global Chlorinated Organics, U.S. Gulf Coast Chlor-Alkali and Vinyl, as well as Global Epoxy—with Olin. 

The deal will see Olin shell out cash to the tune of US$ 2 billion and up to US$ 2.2 billion in stock. The company will also assume other liabilities such as pension to the tune of U$ 800 million.

The two companies said in a statement recently that the new transaction will not only double the current scale of Olin’s operations, but will also lead to the creation of a new “industry leader” that will boast revenues approximating US$ 7 billion. In the meanwhile, Dow said that it will also profit from its new business deal with Olin in its plastics and other ancillary chemical operations.

Commenting on the merger, Joseph Rupp, CEO of Olin said that the two companies are looking to capitalize the many opportunities that are exist within the transaction.

In a separate deal, the two companies also said that they will be signing a separate deal as part of which Dow will be an ethylene supplier to Olin. Dow, which is headquartered in Michigan, had hinted way back in 2013 that it had plans of divesting its chlorine businesses. In lieu of the spinoff, the company would look at acquiring other assets in keeping with its future growth strategy.

Closure of this deal is expected by the end of 2015, provided Olin shareholders approve it.

Oil Price Plunge Takes its Toll as 1,500 Jobs Being Axed by South African Petrochemical Major Sasol

Sasol Ltd, a major player in the petrochemicals domain in South Africa with operations spread globally, has announced that it will be laying off 1,500 people even as it reels under the vagarious oil prices. This will mark the biggest every round of layoffs in the company’s recent history.

And, it is not just employees that will bear the brunt of the erratic oil prices. Shareholders too, will see the company slash its dividend to cope up with low oil prices. Contrastingly, Sasol’s second-half profits in 2014 showed a spike.

According to figures available from public sources, the net profits of Sasol in the six-month period ending December 31 saw a 54% rise, reaching 19.54 billion South African rand, which translates to roughly US$1.62 billion. In 2013, in the corresponding period, the company’s net profits were valued at 12.71 billion rand for total revenue of 99.83 billion rand. In the year-earlier period, Sasol’s revenue was reported as 98.27 billion rand.

The company had made its decision to cut dividend earlier in February 2015. The company had then stated that a 12.5% cut to dividend was on the cards. This, the company said, was an effort to build its cash reserves through the forthcoming 30 months because of the low prices of oil globally.

The company also said that it had accepted about 1,500 voluntary redundancies between June and December 2014 as it was looking to slash payroll costs by a significant degree. The company said that it would continue to carry out ‘refinements’ to its organizational structure over besides effecting a 30-month freeze on hiring activity despite having around 1000 vacancies across the world. Sasol, which is headquartered in South Africa, also has a presence in Europe and the United States.

Ultra High Definition (UHD) Panel (4K) Market Expected to Reach USD 30,404.6 Million by 2020

A New Market Report Titled “Ultra High Definition (UHD) Panel (4K) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the market for ultra high definition panel globally is estimated to reach USD 30,404.6 million by 2020. In terms of volume sale, the market for UHD panel is expected to reach 5,704.5 thousand units by 2020, at a CAGR of 9.2% from 2014 to 2020. Factors such as increasing use of UHD displays in commercial sector and proliferating use of UHD TVs in media and broadcasting industry are supporting the growth of ultra high definition panel market. UHD TVs provide features such as wide dynamic range, high picture resolution and extensive color gamut to help in exploring new genres and entertainment fields. In addition, UHD panels are expected to find increasing application in industries such as publishing, advertising and signage, and other digital applications such as use of large UHD displays at cinema complexes to show non-movie content such as sports or music events. Moreover, ultra high definition can also be used in art and culture as a new way of preserving and displaying objects and for creation of new art works in museums, art galleries, etc. These factors are largely responsible for driving the ultra high definition panel market.

Globally, the ultra high definition panel market was valued at USD 12,887.1 million in 2013 and is forecast to grow at a CAGR of 12.6% from 2014 – 2020. The market is segmented on the basis of end-use application, technology, and geography. The end-use applications comprise television, personal computers, smart phones, display screens/walls, and others. The others segment includes camera, notebooks and tablets. Amongst these applications, the display screen/walls segment is expected to grow at the highest CAGR of 17.5% from 2014 – 2020. This is due to the increasing demand of display screens for digital signage in the commercial sector. Geographically, North America is anticipated to remain the largest market for ultra high definition panel till 2020 owing to the higher consumer acceptance and awareness of UHD panel based products. Europe and North America had a collective revenue share of more than 70% in 2013. Asia-Pacific is expected to be the fastest growing regional market for ultra high definition panels over the forecast period, growing at a CAGR of 15.1%.

The global market for UHD panels is dominated by players such as Samsung Electronics, LG Display Co., Ltd., Sony Electronics, Inc., Toshiba Corporation and others. Samsung Electronics and LG Corporation are leading the global UHD panel market and collectively accounted for around 47% revenue share in 2013.

Browse the full Ultra High Definition (UHD) Panel (4K) Market Report at: 

http://www.transparencymarketresearch.com/uhd-panel-4k-market.html

This report analyzes the global ultra high definition panel market in terms of revenue (USD million) and volume (thousand units). The market has been segmented as follows:

Ultra High Definition Panel Market, By End-use Application

• Television
• Personal computers
• Smart phones
• Display screens/walls
• Others (Camera, Tablets, Notebooks)

Ultra High Definition Panel Market, By Technology

• Liquid-crystal display (LCD)
• Light-emitting diode (LED) (includes OLED and AMOLED)

Ultra High Definition Panel Market, By Geography

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

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our highly experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
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Tel: +1-518-618-1030
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Sodium Lauryl Sulfate Market, Sodium Lauryl Ether Sulfate Industry and Linear Alkylbenzene Sulfonate is Expected to Reach USD 9.35 billion in 2020

A New Market Report Titled “Sodium Lauryl Sulfate Market (SLS Liquid and SLS Dry), Sodium Lauryl Ether Sulfate Industry (SLES) and Linear Alkylbenzene Sulfonate (LAS) for Detergents & Cleaners, Personal Care, Textile & Leather, Oilfield Chemicals and Other Applications - Global Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” which observes that the global SLS, SLES & LAS market demand was valued at USD 6.60 billion in 2013 and is expected to reach USD 9.35 billion by 2020, expanding at a CAGR of 5.1% from 2014 to 2020.

Increasing sodium lauryl sulfate market (SLS), sodium lauryl ether sulfate market (SLES) and linear alkylbenzene sulfonate (LAS) from detergents & cleaners and personal care industries is expected to drive the global SLS, SLES & LAS market in the next five years. However, hazardous effects of SLS & SLES on human skin are projected to hamper market growth. Furthermore, the shift towards bio-based surfactants, especially in developed countries, is likely to restrain the growth of the linear alkylbenzene sulfonate market in the near future. However, new applications and production methods for these surfactants are expected to offer immense opportunities for manufacturers in the industry.

Browse the full Sodium Lauryl Sulfate Market, Sodium Lauryl Ether Sulfate Industry and Linear Alkylbenzene Sulfonate report with TOC:

http://www.transparencymarketresearch.com/sodium-lauryl-sulfate-market.html

Linear alkylbenzene sulfonate emerged as the biggest product segment of the global SLS, SLES & LAS market in 2013, accounting for a market share of 76.6%. Linear alkylbenzene sulfonate is a cheaper option and possesses good emulsifying, cleansing and foaming properties. Hence, it is widely used in household detergents & industrial cleaners. In terms of volume, sodium lauryl ether sulfate is projected to grow at a moderate rate owing to its milder nature as compared to sodium lauryl sulfate. In terms of volume and revenue, SLS is anticipated to grow at a sluggish rate during the forecast period owing to its adverse effects on human skin. There is high demand for SLS liquid as it is easily soluble and relatively cheaper.

Detergents & cleaners application was the largest consumer of SLS, SLES and LAS in 2013. In terms of volume, detergents & cleaners application was followed by personal care, which is anticipated to grow at a CAGR of 4.3% from 2014 to 2020. Sodium lauryl sulfate and sodium lauryl ether sulfate are predominantly used in personal care applications due to their high skin penetration properties. However, demand for sodium lauryl sulfate in the personal care application is estimated to decrease in the next few years due to the toxic effects of sodium lauryl sulfate on human skin. Other emerging applications of SLS, SLES & LAS include oilfield chemicals, textile, leather, plastics, etc.

Browse the full press release of this report: 

http://www.transparencymarketresearch.com/pressrelease/sodium-lauryl-sulfate-market.htm

Asia Pacific dominated the global SLS, SLES & LAS market in 2013, in terms of volume and revenue. Increasing production of detergents & personal care products has been driving the market in Asia Pacific over the past few years. Additionally, rising disposable income in Middle East, Brazil, etc. is boosting Rest of the World market. Rest of the World emerged as the second-largest consumer of SLS, SLES and LAS in 2013. The market in Europe and North America has reached maturation; hence, these regions are expected to grow at a sluggish rate during the forecast period

The market is highly fragmented with no clear leader in the market. Major players in the market include Croda International, Rhodia SA, Solvay S.A, The Dow Chemical Company, Stepan Company, Clariant Corporation, Sasol Limited, BASF SE, Akzo Nobel N.V. and Oxiteno among others.

This report segments the global SLS, SLES & LAS market as follows:

SLS, SLES & LAS Market - Product Segment Analysis

• Sodium lauryl sulfate (SLS)
• Sodium lauryl sulfate liquid (SLS liquid)
• Sodium lauryl sulfate dry (SLS dry)
• Sodium lauryl ether sulfate (SLES)
• Linear alkylbenzene sulfonate (LAS)

SLS, SLES & LAS Market - Application Analysis

• Detergents & cleaners
• Personal care
• Textile & leather
• Oilfield chemicals
• Others (Including Paints & Coatings, Plastics, Agricultural Chemicals, etc.)

SLS, SLES & LAS Market - Regional Analysis

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

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Ms. Sheela AK
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

U.S. Antimicrobial Plastics Market is Expected to Reach USD 1,227.4 million by 2020

Transparency Market Research has published a new market report titled “Antimicrobial Plastics Market for Electronic & Consumer Appliances, Personal Care, Packaging, Automotive, Building & Construction, Healthcare and Other Applications – U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020”. According to the report, the U.S. antimicrobial plastics market was valued at USD 662.3 million in 2013 and is anticipated to reach USD 1,227.4 million by 2020, expanding at a CAGR of 9.3% during the forecast period from 2014 to 2020. In terms of volume, the antimicrobial plastics market in the U.S. stood at 100,062.1 tons in 2013.

Browse the full report U.S. Antimicrobial Plastics Market: 

http://www.transparencymarketresearch.com/us-antimicrobial-plastics-market.html

Antimicrobial plastics help reduce deterioration and increase the lifespan of medical products. Thus, growth in the medical devices market in the U.S. is likely to be one of the primary factors driving demand for antimicrobial plastics in the country over the next few years. Furthermore, high rate of hospital-acquired infections is projected to boost market growth. Rising demand for antimicrobial plastics in packaging and subsequent growth of the packaging market in the U.S. is estimated to fuel market growth. However, volatility in prices of raw materials is expected to hamper antimicrobial plastic market growth, as it adversely affects profit margins of manufacturers and increases the overall costs of the already-expensive plastics. Product innovation, an area of focus of several manufacturers, is anticipated to open up new opportunities for market growth.

Healthcare was the largest application segment, accounting for approximately 44% of the market share in 2013. Additionally, it is estimated to be the fastest growing segment during the forecast period, led by rising demand for antimicrobial solutions in the medical devices market. Furthermore, higher number of patients with hospital-acquired infections is projected to augment demand for antimicrobial plastics. Packaging and personal care segments are likely to witness above-average growth during the forecast period. Automotive and building & construction are niche market segments of the antimicrobial plastics market owing to the high cost of the plastics.

The antimicrobial plastics market is fragmented in nature due to the presence of a number of manufacturers. Additionally, there is a low threat of backward or forward integration of antimicrobial plastic manufacturing companies in the market owing to the complex manufacturing and capital intensive nature of the market. Certain companies such as BASF and Bayer are integrated across two or more stages of the antimicrobial plastics market. Key players in the market include The Dow Chemical Company, Lonza, BASF, AkzoNobel, Bayer, DuPont and Sherwin-Williams. Product innovation and development of cheaper antimicrobial solutions are the points of focus of the manufacturers. Market share of these companies is estimated to decrease in the next few years due to increasing demand for antimicrobial plastics. The report segments the U.S. antimicrobial plastics market as follows:

Get full Press Release of this report:

http://www.transparencymarketresearch.com/pressrelease/us-antimicrobial-plastics-market.htm

U.S. Antimicrobial Plastics Market – Application Analysis

• Electronic & consumer appliances
• Personal care
• Packaging
• Automotive
• Building & construction
• Healthcare
• Others (Includes sportswear, waste bins, etc.)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Ms. Sheela AK

State Tower,

90 State Street,

Suite 700,

Albany NY - 12207

United States

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

Global Phthalic Anhydride Market is Expected to Reach USD 9.58 Billion by 2019: Transparency Market Research

Transparency Market Research has released a new market report titled “Phthalic Anhydride Market for Phthalate Plasticizers, Unsaturated Polyester Resins (UPRs), Alkyd Resins and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019” which observes that phthalic anhydride market was valued at USD 6.46 billion in 2012 and is expected to reach USD 9.58 billion by 2019, growing at a CAGR of 5.8% from 2013 to 2019. In terms of volumes, global consumption was over 4.3 million tons in 2012 and is expected to grow at a CAGR of 3.6% from 2013 to 2019.

Browse the full Phthalic Anhydride Market Report at http://www.transparencymarketresearch.com/phthalic-anhydride.html

Phthalic anhydride (PA) is anhydride of phthalic acid and has a vast range of applications. It is used as a chemical intermediate in the manufacturing of variety of plasticizers and resins. Phthalate plasticizers market is the largest application area for PA followed by market for unsaturated polyester resins (UPR). However, alkyd resins, pigments and dyes are fast growing applications of PA and are expected to gain a significant market share over the next six years. Phthalic anhydride is mainly used in the manufacturing of phthalate plasticizers. The strong global demand for phthalate plasticizers is the major driver for the growing consumption of phthalic anhydride. Phthalic anhydride is expected to grow at a CAGR of 3.6% from 2013 to 2019.

The phthalate plasticizers application dominated the global market and accounted for 56.5% of the overall demand in 2012. Growing demand from the phthalate plasticizers market and strong demand from Asia Pacific were the major growth drivers for PA. Another important market for PA is unsaturated polyester resins, which accounted for 18.1% share of the total PA volume consumed in 2012. The growing demand of phthalate plasticizers in the production of polyvinyl chloride (PVC) and unsaturated polyester resins in the manufacturing of fiberglass-reinforced plastic (FRP) are expected to drive the global PA market in the next six years.

The global PA market is dominated by Asia Pacific, which accounted for 55.2% of global volumes consumed in 2012. Growth of PA in Asia Pacific is principally driven by the extensive use of PVC applications from growing end user industries such as automobile and construction in the region. It is the largest PA market, in terms of both production and consumption. Asia Pacific was followed by Europe with 17.8% share in total volume consumption. The key players in the PA market are UPC Technology Corporation, Aekyung Petrochemical Co. Ltd., Exxon Mobil Corporation, BASF SE and Polynt SpA among others.

Phthalic Anhydride Market: Application Analysis

·         Phthalate Plasticizers

·         Unsaturated Polyester Resins (UPR)

·         Alkyd Resins

·         Others

Phthalic Anhydride Market: Regional Analysis

·         North America

·         Europe

·         Asia Pacific

·         Rest of the world

Browse the full Phthalic Anhydride Market Report at http://www.transparencymarketresearch.com/phthalic-anhydride.html

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Ms. Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/