Synthetic Lubricant Market Share, Forecasts 2014 to 2020: Grand View Research, Inc.

The global market for synthetic lubricants is expected to reach USD 5.54 billion by 2020, according to a new study by Grand View Research, Inc. Increasing penetration in automobile applications is expected to be a key driving force for the market, particularly in light of positive automotive outlook in India, China, South Korea and Brazil. Endorsement of synthetic oil manufacturers by OEMs is further expected to product boost demand over the forecast period. However, the high cost of synthetic oils in comparison to their mineral counterparts is a key challenge for the development of the market.

Browse full research report on Global Synthetic Lubricant Market: http://www.grandviewresearch.com/press-release/global-synthetic-lubricants-market

Engine oils were the largest application segment accounting for 39% of market revenue in 2013. The growing awareness of benefits of synthetic lubricants in terms of engine efficiency is expected to be a key driving factor for the development of the market. Another key application market for synthetic oils was heat transfer fluids in heat exchangers and heavy machinery.

Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/press-release/global-synthetic-lubricants-market

Further key findings from the study suggest:

• Global synthetic lubricant demand was 678.1 kilo tons in 2013 and is expected to reach 823.3 kilo tons by 2020, growing at a CAGR 2.90 % from 2014 to 2020.

• Europe was the largest regional market accounting for 263.5 kilo tons of synthetic lubricant demand in 2013. However, Asia Pacific is expected to witness fastest growth at an estimated CAGR of 3.33% in terms of volume owing to the growing automobile and industrial market in the region.

• Group IV (PAO) based lubricants were the largest product segment, with demand exceeding 454 kilo tons in 2013. The compatibility of these oils with other mineral oils is a key driver for the development of the market. PAG and Ester based oils offer superior performance as compared to PAO based oils but are significantly expensive resulting in relatively low demand share.

• The global synthetic lubricants market is fragmented with large number of manufacturers present globally. Key participants include Shell, British Petroleum, Exxon Mobil, Valvoline, Total and Chevron among others.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

 For the purpose of this study, Grand View Research has segmented the global Synthetic Lubricants market on the basis of application, product and region:

    • Synthetic Lubricants Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • PAO (Polyalphaolefins)
            • Ester
            • PAG (Polyakylene glycol)
    • Synthetic Lubricants Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • Engine Oils
            • HTF
            • Transmission Fluids
            • Metalworking Fluids
            • Others
    • Synthetic Lubricants Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Propionic Acid Market Size, Segmentation To 2020

Propionic acid, also known as CH3CH2COOH, is a 3-carbon carboxylic acid. It is a dull and plain liquid and has a strong smell. It is made on a commercial basis by thehydrocarboxylation of ethylene when nickel carbonyl catalyst is present. Propionic acid and its subsidiaries are widely used as food additives and feed. It prevents the spread of bacteria and other microorganisms. Other sectors where propionic acid is used are pharmaceuticals, herbicides and solvents.

Download sample Copy of This Report at : http://www.grandviewresearch.com/industry-analysis/propionic-acid-market

Propionic acid can lead to irritation of the human body in case people come in touch with it. So, different health establishments are constantly involved in observing its contact effects. The worldwide propionic acid market has developed considerably in the last few years. It is estimated to expand more rapidly in the coming five years. The market is predicted to be propelled ahead by augmented requirement from grain, feed and food additives.

Europe was the biggest propionic acid market in recent times. It is majorly propelled by the ban enforced on antibiotics in certain applications ever since 2006. The demand in Europe is anticipated to grow healthily owing to large demand for the grain and feed additive sectors. The United States of America is the biggest solitary propionic acid market in the world. The propionic acid market was estimated to generate revenue worth USD 908 million in 2012.

It was predicted to increase during the projected phase, at about 8 percent CAGR. This phase lasts from 2013 to 2019. The market is expected to garner revenue worth about USD 1, 540 million by 2019. The growing use of subsidiaries of propionic acid also drives the propionic acid market ahead. Moreover, the accentuating demand for food additives owing to fast development of this industry on a worldwide level also adds to the revenue of the propionic acid market.

For More Information about site: http://www.ni2014.org/

Fatty Acid Industry to 2020 – Market Outlook, Industry Trends

Fatty acid esters (FAEs) are those esters which are formed by combining fatty acids with alcohol. The fatty acid esters market is estimated to grow at 4 percent CAGR by the end of 2020. This is due to increasing demand for fatty acid esters from consumer industries, including cosmetics and personal care. FAEs are expected to attain USD 2.25 billion by 2020.

Download sample Copy of This Report at : http://www.grandviewresearch.com/industry-analysis/fatty-acid-esters-market

The pivotal factors driving the fatty acid esters market are increasing demand in food industry and huge demand from the sectors of personal care and cosmetics. However, volatility in the prices of feedstock is expected to restrain the market over the forecast period.

The fatty acid esters market can be segmented into three major categories, including products, applications and geographies. The market, on the basis of products, can be divided into glyceryl monostearate, isopropyl monostearate and others. Others includes sucrose esters, glycol esters and polyol esters.

The applications fatty acid esters market can be fragmented into lubricants, foods, personal care &cosmetics, surfactants and others. Others includes pharmaceuticals and paper. Geographically, the fatty acid esters market can be fragmented into four key regions, including North America, Asia Pacific, Europe and ROW (rest of the world).

North America dominated the market for FAEs in 2013. This was as a result of growing demand for cosmetics and personal care products. Asia Pacific has shown considerable growth. This is on account of increasing disposable income of consumers and rising demand for cosmetics and food in the region. The emerging markets of Asia Pacific, especially India and China are likely to propel further demand for the fatty acid esters market.

 For More Information about site: http://www.ni2014.org/

Drill Collar Market Growth, Industry Trends To 2022

Drill collars are tube-like pieces which are thick-walled. They are designed from solid steel bars. In general, these bars are plain carbon steel. At times, they are made of nonmagnetic alloys of nickel-copper or other premium alloys. They are destined to offer mass for drilling activities.

For Market Research Report on “Drill Collar Market” Visit – http://www.grandviewresearch.com/industry-analysis/drill-collar-market

The drill collar market is experiencing decent growth. It is projected to witness exponential growth in the future owing to the growing oil and gas industry and rising demand for energy. Increasing exploration and production activities and increasing prices of oil and gas are predicted to propel the market over the coming years. However, high material costs and requirement of huge capital investments are expected to restrain the drill collar market.

The drill collar market is bifurcated into types and geographies. The market, on the basis of types, can be fragmented into spiral drill collar, square drill collar and standard drill collar. Spiral drill collars are used to avoid differential sticking and also allow circulation of drilling fluids. Square drill collars are made use of, in vertical drilling and facilitate the utilization of minimum authorization in bottom hole assembly.

Geographically, the drill collar market can be divided into four major regions, including North America, Asia Pacific, Europe and rest of the world (ROW). North America leads the market. This is as a result of shale gas boom in the region. West Africa and Latin America have shown decent growth owing to huge spendings on deep and ultra deep water reserves.

Asia Pacific is likely to observe steady growth for the drill collar market during the coming years. This is due to increasing shale gas exploration operations in China.

For More Information about site: http://www.ni2014.org/

TPU films Market Size, Segmentation To 2020: Grand View Research, Inc.

The global TPU films market is expected to reach USD 624.6 million by 2018, according to a new market research report by Grand View Research, Inc. Positive outlook on the automotive industry, especially in Asia Pacific is expected to be a key driving force for the market. Grand View Research also observes that growth in application markets such as construction, railways, leisure, furniture and energy is anticipated to have a domino effect on TPU films demand over the next five years.

Browse full research report on TPU films Market: http://www.grandviewresearch.com/industry-analysis/tpu-films-industry

Automotive applications accounted for a bulk of TPU film consumption in 2012, with 25% of overall volume share. Film demand for building and construction, another key product avenue, is expected to reach USD 75.8 million by 2018, growing at a CAGR of 7.6% from 2013 to 2018. Leisure and sports, along with furniture applications are expected to offer promising growth opportunities for market participants in the near future. Pricing issues, coupled with higher availability of cheaper substitutes is expected to present a challenge for participants, in terms of product penetration.

Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/tpu-films-industry

Further Key findings from the study suggest:

• The global market for TPU films was estimated to be USD 405.8 million in 2012, with corresponding market volumes of 44,457.3 tons; and is expected to grow at a CAGR of 7.5% from 2013 to 2018
• Asia Pacific is expected to maintain leadership position in the market, and is estimated to account for close to 46% of the global TPU film demand by 2018. North America and Europe, seen by the industry as mature markets are expected to show moderate growth over the next five years, together accounted for close to 50% of global demand in 2012
• Japanese TPU film demand is expected to be stagnant, with the region losing overall market share to China over the next five years, accounting for 7.6% of global consumption by 2018. Owing to higher raw material, utility and labor cost, TPU film prices in North America and Europe are the highest in the world

The global TPU film market is highly fragmented, with no clear market leader identified presently. Customized product offerings, based on client specifications is a strong trend in the market, with many participants looking to acquire and retain market share through long-term exclusive supply contracts and strategic alliances. Permali Gloucester Limited, Avery Dennison, PAR Group and American Polyfilm Inc. were significant market participants for TPU films in 2012

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

For the purpose of this study, Grand View Research has segmented the global TPU films market on the basis of application and region:

 TPU Films Application Outlook

• Automotive 
• Railways 
• Leisure & Sports 
• Energy 
• Building & Construction 
• Furniture 
• Aerospace 
• Others

 TPU Films Regional Outlook

• North America 
• Europe 
• Asia Pacific (Excl. Japan) 
• Japan 
• RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Polymethyl Methacrylate (PMMA) Market To 2020- Industry Trends, Forecast: Grand View Research, Inc.

The global Polymethyl Methacrylate (PMMA) market is expected to reach USD 10.87 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for LED flat panels and LED TVs is expected to be one of the key factors driving PMMA demand, especially in Asia Pacific, which is a major hub for electronic manufacturing. Growth of major end-use industries including electronics, automotive and signs & displays, mainly in emerging economies of China and India, are expected to boost the demand for PMMA over the forecast period. Grand View Research further observes that increasing R&D activities for developing bio-based PMMA coupled with emerging applications for optical grade PMMA in medical and healthcare, coatings and emulsions and solar power sectors is expected to drive its future market.

Browse full research report on Polymethyl Methacrylate (PMMA)

Market: http://www.grandviewresearch.com/industry-analysis/polymethyl-methacrylate-pmma-industry

PMMA extruded sheets alone accounted for over 55% of global market volumes in 2012. Extruded PMMA sheets find wide applications in numerous industries including electronics, signs and display, construction and automobiles among others. Owing to its new found use in coatings and emulsions market, PMMA beads (powder) form is expected to be the fastest growing market, at an estimated CAGR of 7% from 2013 to 2020. Cell cast sheet and blocks is another PMMA form widely used for construction activities owing to its impact strength and weather resistance.

Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/polymethyl-methacrylate-pmma-industry

  Further Key findings from the study suggest:

• Global PMMA market volume is expected to reach 2.85 million tons by 2020, growing at a CAGR of 6.1% from 2013 to 2020

• Signs and display applications emerged as the largest market for PMMA, with over 35% of global volumes in 2012. The electronics industry, including flat display screens, is expected to be the fastest growing application market for PMMA at an estimated CAGR of 7.7% over the next six years. In addition, broadening application of PMMA in other end use industries such as furniture and interiors, sanitary ware, fashion and apparel among others, is expected to boost its consumption over the next six years

• Asia Pacific dominated the PMMA market, accounting for over 65% of the global demand in 2012. Along with being the largest market, Asia Pacific is also expected to be the fastest growing market for PMMA, at an estimated CAGR of 7.3% from 2013 to 2020. Europe is expected to witness moderate growth rate in the near future, while Middle East and Africa and Central and South America are expected to show above average growth for PMMA demand

• Growth of electronics industry, mainly in Taiwan, South Korea and China is expected to boost the demand for PMMA over the next six years. Asia Pacific is considered to be the most attractive market, with relaxed regulations and cheap availability of labor and technology. Increased production of LED flat panels and LEDTVs has given a boost to PMMA demand in recent years, a trend which is expected to continue over the forecast period

The global market for PMMA is highly consolidated and dominated by top multinational corporations. Top four companies namely, Mitsubishi Rayon, Altuglas International, Evonik Industries and Chi Mei Corporation account for approximately three-fourth of the total PMMA produced worldwide in 2012 

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/bulk-chemicals

For the purpose of this study, Grand View Research has segmented the global PMMA market on the basis of product, application and region:

Polymethyl Methacrylate (PMMA) Product Outlook,

• Extruded Sheets
• Cell Cast Sheet & Blocks
• Pellets
• Beads

Polymethyl Methacrylate (PMMA) Application Outlook,

• Construction
• Electronics
• Automotive
• Signs & Display 
• Other

Polymethyl Methacrylate (PMMA) Regional Outlook,

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

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com