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Emulsion polymer market worth $44.22 bn by 2020
FOCUS of the total market sales, accounting for >$11 bn, developing markets, particularly China, are cleaning the way towards high market share. The Southeast Asia region is expected to grow at a compound annual growth rate (CAGR) of around 4.7% through 2019. India is forecast to post the strongest growth of almost 13% over the same time span. In China, liquid laundry detergent use is expected to grow rapidly at a CAGR of around 20% during 2014-2019. The Southeast Asia market is now also shifting to liquid alternatives. This gradual shift in the Southeast Asia region will drive the demand for high-end products, such as enzymes, synthetic organic polymers and speciality silicones. The enzymes market is expected to grow almost twice as fast as the market average, at 7.3%. In Europe and the USA, consumption of enzymes is additionally boosted as their penetration increases in the I&I segment during the forecast period. Original Source: Kline, 2015. Found on PR Newswire, 18 Jun 2015, (Website: http://www. prnewswire.com)
Turkey: almost 25% of household chemical imports come from Germany Producers of detergents and cleaners in Turkey are expecting sales to grow. Both growing demand at home and rising exports are ensuring growth. Exports rose 11% in 2014 to >$1 bn. Almost 23% of imports of household chemicals come from Germany. The domestic market, estimated to be at least TRY 20 bn (€ 7 bn), promises growth opportunities. Markets in neighbouring CIS countries and the Arab world are also providing new impetus. The market is dominated by international producers; around 90% of production of household cleaners and detergents in Turkey is carried out by large companies. Original Source: Nachrichten fuer Aussenhandel, 24 Jun 2015, (Website: http:// www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2015
Personal care ingredients market to reach $17.6 bn by 2020 According to a report titled 'Personal Care Ingredients Market by Type (Surfactants, Conditioning Polymers, August 2015
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Emollients, Rheology Modifiers and Others) and by Application (Skin Care, Hair Care, Oral Care and Others) Global Trends & Forecasts to 2020' by MarketsandMarkets (M&M), the ingredients market size is projected to reach $17.6 bn by 2020, at a CAGR of 5.4% between 2015 and 2020. Conditioning polymers, which are majorly used in hair care products, are expected to witness the highest growth rate of 7.3%, from 2015 to 2020. The leading players in the market include Ashland, Croda International, BASF, Solvay, Stepan, Dow Chemical, Evonik Industries, Dow Corning, DSM and Clariant. Original Source: M&M, 2015. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 22 Jun 2015, (Website: http://www.specialchem4cosmetics. com)
Emulsion polymer market worth $44.22 bn by 2020 The global emulsion polymer market is expected to reach $44.22 bn by 2020, according to a new study by Grand View Research. Growth of major end-use industries such as paints & coatings and adhesives, coupled with regulatory support across various nations, are expected to remain the key driving factors for the market. Environmental benefits associated with the use of emulsion polymers have been significantly instrumental in enhancing market penetration. However, volatile pricing for key raw materials including styrene and acrylics is expected to be a challenge for industry participants over the next six years. Owing to these factors, the industry has shifted its focus towards developing bio-based alternatives to synthetic emulsion polymers. The global market for emulsion polymers was 12.11 M tonnes in 2013 and is expected to reach 17.40 M tonnes by 2020, growing at a CAGR of 5.4% from 2014 to 2020. Asia Pacific accounted for 38.8% of total market volume in 2013 and is expected to be the fastest-growing regional market for emulsion polymers at an estimated CAGR of 6.9% from 2014 to 2020 owing to the increasing concentration of paint and coating companies. The European market for emulsion polymers is expected to exceed a market worth $10 bn by 2020, growing at an estimated CAGR of 4.2% from 2014 to 2020. The global emulsion polymer
market is fragmented, with the top four participants accounting for just below 30% of the global market in 2013. Original Source: Grand View Research Inc, 2015. Found on Marketwired, 23 Jun 2015, (Website: http://www.marketwired.com)
COMPANY NEWS Solvay opens biotechnology laboratory in Brazil to boost innovation in sustainable chemistry from biomass Belgium-based Solvay has opened its first fully dedicated industrial biotechnology laboratory (IBL) in Brazil to boost the development of innovations and solutions based on sustainable chemistry. The fully integrated laboratory in Paulinia will chiefly focus on researching new processes and molecules derived from biomass, which is mostly plant- or vegetable-based and abundantly available in Brazil with its favourable climate and vast area. The laboratory's highly qualified researchers will work jointly with the group's global business units in Solvay's research and innovation centres worldwide, as well as with external partners including public and private institutions. Research programmes in place include projects in flavours, fragrances, surfactants, cellulose derivatives and solvents. Original Source: Solvay SA, 2 Jun 2015 (Website: http://www.solvay.com) © Solvay 2015
RAG foundation wants Evonik to make acquisitions The RAG foundation has encouraged Evonik to undertake acquisitions. But there is no hurry as Evonik's financial position is very robust. There are currently no plans to sell shares in Evonik. RAG's boss has rejected speculation over a takeover of Clariant ['Focus on Surfactants', May 2015]. He does not see how such a billion-figure investment could provide major growth for Evonik. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 2 Jun 2015 (Website: http:// www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2015
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Turkey: almost 25% of household chemical imports come from Germany Producers of detergents and cleaners in Turkey are expecting sales to grow. Both growing demand at home and rising exports are ensuring growth. Exports rose 11% in 2014 to >$1 bn. Almost 23% of imports of household chemicals come from Germany. The domestic market, estimated to be at least TRY 20 bn (€ 7 bn), promises growth opportunities. Markets in neighbouring CIS countries and the Arab world are also providing new impetus. The market is dominated by international producers; around 90% of production of household cleaners and detergents in Turkey is carried out by large companies. Original Source: Nachrichten fuer Aussenhandel, 24 Jun 2015, (Website: http:// www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2015
Personal care ingredients market to reach $17.6 bn by 2020 According to a report titled 'Personal Care Ingredients Market by Type (Surfactants, Conditioning Polymers, August 2015
ON
S U R FAC TA N T S
Emollients, Rheology Modifiers and Others) and by Application (Skin Care, Hair Care, Oral Care and Others) Global Trends & Forecasts to 2020' by MarketsandMarkets (M&M), the ingredients market size is projected to reach $17.6 bn by 2020, at a CAGR of 5.4% between 2015 and 2020. Conditioning polymers, which are majorly used in hair care products, are expected to witness the highest growth rate of 7.3%, from 2015 to 2020. The leading players in the market include Ashland, Croda International, BASF, Solvay, Stepan, Dow Chemical, Evonik Industries, Dow Corning, DSM and Clariant. Original Source: M&M, 2015. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 22 Jun 2015, (Website: http://www.specialchem4cosmetics. com)
Emulsion polymer market worth $44.22 bn by 2020 The global emulsion polymer market is expected to reach $44.22 bn by 2020, according to a new study by Grand View Research. Growth of major end-use industries such as paints & coatings and adhesives, coupled with regulatory support across various nations, are expected to remain the key driving factors for the market. Environmental benefits associated with the use of emulsion polymers have been significantly instrumental in enhancing market penetration. However, volatile pricing for key raw materials including styrene and acrylics is expected to be a challenge for industry participants over the next six years. Owing to these factors, the industry has shifted its focus towards developing bio-based alternatives to synthetic emulsion polymers. The global market for emulsion polymers was 12.11 M tonnes in 2013 and is expected to reach 17.40 M tonnes by 2020, growing at a CAGR of 5.4% from 2014 to 2020. Asia Pacific accounted for 38.8% of total market volume in 2013 and is expected to be the fastest-growing regional market for emulsion polymers at an estimated CAGR of 6.9% from 2014 to 2020 owing to the increasing concentration of paint and coating companies. The European market for emulsion polymers is expected to exceed a market worth $10 bn by 2020, growing at an estimated CAGR of 4.2% from 2014 to 2020. The global emulsion polymer
market is fragmented, with the top four participants accounting for just below 30% of the global market in 2013. Original Source: Grand View Research Inc, 2015. Found on Marketwired, 23 Jun 2015, (Website: http://www.marketwired.com)
COMPANY NEWS Solvay opens biotechnology laboratory in Brazil to boost innovation in sustainable chemistry from biomass Belgium-based Solvay has opened its first fully dedicated industrial biotechnology laboratory (IBL) in Brazil to boost the development of innovations and solutions based on sustainable chemistry. The fully integrated laboratory in Paulinia will chiefly focus on researching new processes and molecules derived from biomass, which is mostly plant- or vegetable-based and abundantly available in Brazil with its favourable climate and vast area. The laboratory's highly qualified researchers will work jointly with the group's global business units in Solvay's research and innovation centres worldwide, as well as with external partners including public and private institutions. Research programmes in place include projects in flavours, fragrances, surfactants, cellulose derivatives and solvents. Original Source: Solvay SA, 2 Jun 2015 (Website: http://www.solvay.com) © Solvay 2015
RAG foundation wants Evonik to make acquisitions The RAG foundation has encouraged Evonik to undertake acquisitions. But there is no hurry as Evonik's financial position is very robust. There are currently no plans to sell shares in Evonik. RAG's boss has rejected speculation over a takeover of Clariant ['Focus on Surfactants', May 2015]. He does not see how such a billion-figure investment could provide major growth for Evonik. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 2 Jun 2015 (Website: http:// www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2015
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