Gas Treatment Market: Growth Analysis by Application & Growth Forecast To 2023

The Gas Treatment Market size is estimated at USD 3.76 billion in 2018 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% from 2018 to 2023. 

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Major companies operating in this market such as DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc. (US), and Berryman Chemicals Inc. (US) have adopted both organic and inorganic growth strategies such as investments & expansions, new product launches, and agreements to serve their customers efficiently and increase their market shares.

Investment & expansions was the key strategy adopted by the major players to strengthen their position in the gas treatment market between 2015 and 2018. This strategy accounted for a share of 72.7% of the overall growth strategies adopted by the leading players of the gas treatment market between 2015 and 2018. Companies operating in this market have also adopted this strategy to fulfill the emerging and growing need for gas treatment in the oil & gas industry.

Huntsman International LLC (US) has gained a strong foothold in the gas treatment market. It is strengthening its position by adopting various investments & expansions to meet the growing demand from customers. In July 2017, the company expanded its Singapore specialty amine facility by 25,000 tons to meet the growing global demand for specialty amines and strengthen its leading position in the field of amine technology.  In addition, the company is investing in R&D capabilities to meet the evolving need of customers. In November 2016, the company inaugurated the Shanghai Campus to enhance its innovation performance.  

BASF SE (Germany) is another major player operating in the gas treatment market. The company has a broad product portfolio for gas treatment technology, which finds use in various applications. In May 2018, the company signed an agreement with ExxonMobil Catalysts and Licensing LLC (US) to jointly develop new gas treating solvents and process technologies for petroleum refining and natural gas processing. The development will offer new gas treatment technologies and solvents to help end users reduce energy consumption, increase the capacity of natural gas production, and meet tighter sulfur specifications. The development will help the company broaden its portfolio for gas treatment.

Rice Husk Ash Market Analysis and Industry High Demand by 2021

The Rice Husk Ash Market Global Industry Research Report is projected to reach USD 2.54 Billion by 2021, at a CAGR of 5.4% from 2016 to 2021. [118 Pages Report]

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The global rice husk ash market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations. Companies operating in the global rice husk ash market include Guru Metachem Pvt. Ltd. (India), Yihai Kerry Investments Co., Ltd. (China), Usher Agro Ltd. (India), Jasoriya Rice Mill (India), and Rescon (India) Pvt. Ltd., among others.

The objectives of this study are:

• To define, describe, and forecast the global rice husk ash market based on silica content, application, and region
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
• To analyze the opportunities in the market for stakeholders and the competitive landscape of the market
• To forecast the market size in terms of value with respect to main regions (along with countries), namely, Asia-Pacific, North America, Europe, Middle East & Africa, and South America
• To strategically profile key players and comprehensively analyze their core competencies
• To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and research & development activities in the global rice husk ash market

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Research Methodology:

The research methodology used to estimate and forecast the global rice husk ash market began with capturing data on key vendor revenues through secondary sources, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites. The vendor offerings have also been taken into consideration to determine the market segmentation. After arriving at the overall market size, the total market was split into several segments and subsegments, which were later verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market.

Scope of the report: This research report categorizes the global rice husk ash market based on application, silica content, and region.

On the basis of Silica Content:

• Silica Content between 80-84%
• Silica Content between 85-89%
• Silica Content between 90-94%
• Silica Content between more than or equal to 95%

On the basis of Application:

• Building & Construction
• Steel Industry
• Silica
• Ceramics & Refractory
• Rubber
• Others

PU films Market Size, Industry Overview, Analysis and High Demand by 2023

The PU films Market Global Industry Research Report is projected to grow from USD 449.0 million in 2018 to USD 688.6 million by 2023, at a CAGR of 8.9% during the forecast period. It is segmented into two types, namely, polyester PU films and polyether PU films. 

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3M (US), Avery Dennison (US), and DingZing Advanced Materials (Taiwan) are other leading manufacturers of PU films.

The market is also segmented on the basis of function—thermoset-based PU films and thermoplastic-based PU films. These films are mainly manufactured through the process of extrusion and die-casting. PU films have wide applications in various end-use industries such as automotive & aerospace, medical, and textile & leisure. The demand for PU films is mainly driven by the textile & leisure industry for applications such as fabric lamination, blackout & sealing tapes, and fabric coating. In the automotive industry, it is mainly used for the paint protection application.

The key companies have adopted various inorganic and organic growth strategies, such as new product launches, acquisitions, and expansions, to strengthen their foothold in the PU films market. Covestro (Germany), SWM International (US), 3M (US), Avery Dennison (US), and DingZing Advanced Materials (Taiwan) are some of the leading players operating in the PU films market.

Expansions was the key growth strategy adopted by the leading players between 2015 and 2018 to enhance their business prospects, increase their global reach, and widen their distribution network. Covestro adopted the strategy of expansion to increase its revenue and enhance its profit margins. At the beginning of 2018, the company planned to expand its films production capacity at four locations, namely, Thailand, the US, China, and Germany. This expansion is intended to meet the growing demand for films in these markets. The company is planning to invest more than USD 116 million at these locations. Covestro holds the top position in the PU films business across the globe with 19.0% market share. Initially, the company was into manufacturing of PU resins, and, by forward integration, it started manufacturing PU films. This allowed the company to maintain its profit margin and compete with the local low-cost PU film manufacturers.

SWM International (US) is one of the leading PU film manufacturers that operate globally. It is ranked second in the PU films market. In 2015, the company acquired Argotec LLC (US), a leading producer of PU films for surface protection, medical, and glass lamination applications. This acquisition facilitated the company’s entry into the PU films market. Every year the company generates revenue of USD 110 million from its PU films business. This acquisition helped the company gain a leading position in the PU films market.

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