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Metallocene polyolefin market worth $14.05 bn by 2021
FOCUS technology that allows complex metalbased homogeneous catalysts to be effectively used in flow reactor systems. "Originally invented by Professor Steve Bergens at the University of Edmonton, the system allows expensive, metal-based catalysts to be attached for use in flow reactor systems. Recent results from industrially sponsored projects have demonstrated an unprecedented level of catalyst activity and re-use. . .'' [3]. [1] J. J. Watson-Capp and T. R. Cech, "Companies on Campus,’’ Nature, 514, 297298, 16 Oct 2014, © Macmillian Publishers Ltd., 2014 (Website: http://www.nature.com/ polopoly_fs/1.16127!/menu/main/topColumns/ topLeftColumn/pdf/514297a.pdf) DOI:10.1038/ 514297a [2] S. Kuld, M. Thorhauge, H. Falsig, C. F. Elkjær, S. Helveg, I. Chorkendorff, J. Sehested, "Quantifying the promotion of Cu catalysts by ZnO for methanol synthesis.’’ Science 20 May 2016: Vol. 352, Issue 6288, pp. 969-974 DOI: 10.1126/science.aaf0718 [3] "Chiral Technologies, Inc. Partners with GreenCentre to Commercialize a New Catalyst Platform for Fine Chemical Synthesis,’’ 28 APR 2016, Website: http://chiraltech.com/usa-news/ chiral-technologies-inc-partners-withgreencentre-to-commercialize-a-new-catalystplatform-for-fine-chemical-synthesis/
MARKETS AND BUSINESS Auto catalyst market size to reach $15.80 bn by 2024 The global auto catalyst market is expected to reach $15.80 bn by 2024, according to a new report by Grand View Research Inc. Implementation of stringent regulations pertaining to emission control limits is expected to remain a key driving factor for global auto catalyst market over the forecast period. Original Source: Grand View Research Inc. 2016. Found on PR Newswire, 9 May 2016, (Website: http://www.prnewswire.com)
Ionic liquids market worth $39.6 M by 2021. The report "Ionic Liquids Market by Application (Solvents & Catalysts, Process & Operating Fluids, Plastics, Batteries & Electrochemistry, Bio-Refineries) and by Region (North America, Europe, AsiaPacific and Rest of World) - Global Forecast to 2021'', published by MarketsandMarkets, the market size of is estimated to grow from $25.6 M in 2016 to $39.6 M by 2021, at a CAGR of 9.2% during the forecast period. Original Source: MarketsandMarkets. Found on PR Newswire, 12 May 2016, (Website: http:// www.prnewswire.com).
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Industrial enzymes market to be worth $9.63 bn by 2024: Grand View Research, Inc. The global industrial enzymes market is expected to reach $9.63 bn by 2024, according to a new report by Grand View Research, Inc. Original Source: Grand View Research, Inc, 2016. Found on PR Newswire, 16 May 2016, (Website: http://www.prnewswire.com).
Metallocene polyolefin market worth $14.05 bn by 2021 According to a report published by MarketsandMarkets, the global metallocene polyolefin market is estimated to grow from $7.89 bn in 2015 to $14.05 bn by 2021, at a CAGR of 10.15%. Original Source: MarketsandMarkets, 2016. Found on PR Newswire, 20 May 2016, (Website: http://www.prnewswire.com).
60 planned projects set to push global propylene capacity to new levels by 2020, says GlobalData Global propylene capacity is set to experience strong growth over the next five years, increasing from 111.8 M tonnes/y in 2015 to 129.8 M tonnes/y by 2020, as around 60 planned projects are slated to come online over the period, according to research and consulting firm GlobalData. The company's latest report states that the projects will primarily be undertaken by China and the US. Indeed, of 38 planned propylene projects in Asia, China is responsible for 24, and will add 5.6 M tonnes/y by 2019. The country's capital expenditure (capex) is set to reach $3.62 bn over the next five years, and the leading companies accounting for major capacity additions will be Fujian Meide Petrochemical Co Ltd and Ningbo Fortune Petrochemical Co Ltd. Indonesia is set to contribute the second highest capacity in Asia, adding 1.6 M tonnes/y by 2019, and planning capex of around $2.14 bn over the next five years. In North America, major propylene capacity additions will occur in the US, at around 3.1 M tonnes/y, with capex of around $2.01 bn over the next five years. The top companies in terms of capacity additions in the US are BASF SE and C3 Petrochemicals LLC. In Europe, major propylene capacity additions will be witnessed in Russia and Poland, which are planning to add capacity of around 1.7 M tonnes/y by 2020, with capex of around $2.83 bn. In Africa, Egypt is expected to spend around $0.88 bn to add 0.9 M tonnes/y of capacity, which is expected to come onstream by 2020. Globally, the Petronas Refinery and Petrochemical Corporation,
Lotte Chemical Corporation, and C3 Petrochemicals LLC will be the top companies in terms of capacity additions, and all are expected to come onstream over the next five years. Original Source: Global Data, 26 May 2016, (Website: http://www.energy.globaldata.com) © Global Data, 2016.
Advanced biofuels news: NREL publishes results of annual advanced biofuel survey The National Renewable Energy Laboratory (NREL) has reported the results of its latest annual survey of US nonstarch ethanol and renewable hydrocarbon biofuel generators. The report, titled "2015 Survey of Non-Starch Ethanol and Renewable Hydrocarbon Biofuel Producers,'' involved 114 companies and resulted in 61 plants (comprising of 32 renewable hydrocarbon facilities, 27 cellulosic ethanol units and two algae-derived ethanol projects). In 2015, of the 29 nonstarch ethanol plants surveyed, 11 were operational, with five at commercial scale. Of the 32 renewable hydrocarbon units, 12 were operational. A table provides the capacity (gal/y) and operational year of commercial-scale renewable hydrogen additions of 11 US companies as of 2015. AltAir Fuels' new 30-M gal/y capacity has a startup date of 2015. Cool Planet Energy Systems' 10-M gal/y capacity and Fulcrum BioEnergy's 10M gal/y capacity are both expected to be launched in 2017. Original Source: Biomass Magazine, May 2016, 10 (5), 46 (Website: http://biomassmagazine. com) © BBI International 2016.
Specialty chemicals market to reach $1201.1 bn by 2023: TMR According to a new market research study published by Transparency Market Research (TMR), titled 'Specialty Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2023', in 2014, the global specialty chemicals market was worth $800.4 bn and is estimated to reach $1201.1 bn by the end of 2023. The market is expected to register a 4.70% CAGR between 2015 and 2023. In 2014, the agrochemicals segment held the largest share in the global specialty chemicals market, followed by the construction chemicals segment. Furthermore, the electronic chemicals segment is projected to witness significant growth in the next few years. In 2014, Asia-Pacific dominated the market with a 45% share. In the same year, North America accounted for the second-largest share in the global market for specialty chemicals, followed by Europe. Furthermore, the Middle East and
July 2016
MARKETS AND BUSINESS Auto catalyst market size to reach $15.80 bn by 2024 The global auto catalyst market is expected to reach $15.80 bn by 2024, according to a new report by Grand View Research Inc. Implementation of stringent regulations pertaining to emission control limits is expected to remain a key driving factor for global auto catalyst market over the forecast period. Original Source: Grand View Research Inc. 2016. Found on PR Newswire, 9 May 2016, (Website: http://www.prnewswire.com)
Ionic liquids market worth $39.6 M by 2021. The report "Ionic Liquids Market by Application (Solvents & Catalysts, Process & Operating Fluids, Plastics, Batteries & Electrochemistry, Bio-Refineries) and by Region (North America, Europe, AsiaPacific and Rest of World) - Global Forecast to 2021'', published by MarketsandMarkets, the market size of is estimated to grow from $25.6 M in 2016 to $39.6 M by 2021, at a CAGR of 9.2% during the forecast period. Original Source: MarketsandMarkets. Found on PR Newswire, 12 May 2016, (Website: http:// www.prnewswire.com).
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Industrial enzymes market to be worth $9.63 bn by 2024: Grand View Research, Inc. The global industrial enzymes market is expected to reach $9.63 bn by 2024, according to a new report by Grand View Research, Inc. Original Source: Grand View Research, Inc, 2016. Found on PR Newswire, 16 May 2016, (Website: http://www.prnewswire.com).
Metallocene polyolefin market worth $14.05 bn by 2021 According to a report published by MarketsandMarkets, the global metallocene polyolefin market is estimated to grow from $7.89 bn in 2015 to $14.05 bn by 2021, at a CAGR of 10.15%. Original Source: MarketsandMarkets, 2016. Found on PR Newswire, 20 May 2016, (Website: http://www.prnewswire.com).
60 planned projects set to push global propylene capacity to new levels by 2020, says GlobalData Global propylene capacity is set to experience strong growth over the next five years, increasing from 111.8 M tonnes/y in 2015 to 129.8 M tonnes/y by 2020, as around 60 planned projects are slated to come online over the period, according to research and consulting firm GlobalData. The company's latest report states that the projects will primarily be undertaken by China and the US. Indeed, of 38 planned propylene projects in Asia, China is responsible for 24, and will add 5.6 M tonnes/y by 2019. The country's capital expenditure (capex) is set to reach $3.62 bn over the next five years, and the leading companies accounting for major capacity additions will be Fujian Meide Petrochemical Co Ltd and Ningbo Fortune Petrochemical Co Ltd. Indonesia is set to contribute the second highest capacity in Asia, adding 1.6 M tonnes/y by 2019, and planning capex of around $2.14 bn over the next five years. In North America, major propylene capacity additions will occur in the US, at around 3.1 M tonnes/y, with capex of around $2.01 bn over the next five years. The top companies in terms of capacity additions in the US are BASF SE and C3 Petrochemicals LLC. In Europe, major propylene capacity additions will be witnessed in Russia and Poland, which are planning to add capacity of around 1.7 M tonnes/y by 2020, with capex of around $2.83 bn. In Africa, Egypt is expected to spend around $0.88 bn to add 0.9 M tonnes/y of capacity, which is expected to come onstream by 2020. Globally, the Petronas Refinery and Petrochemical Corporation,
Lotte Chemical Corporation, and C3 Petrochemicals LLC will be the top companies in terms of capacity additions, and all are expected to come onstream over the next five years. Original Source: Global Data, 26 May 2016, (Website: http://www.energy.globaldata.com) © Global Data, 2016.
Advanced biofuels news: NREL publishes results of annual advanced biofuel survey The National Renewable Energy Laboratory (NREL) has reported the results of its latest annual survey of US nonstarch ethanol and renewable hydrocarbon biofuel generators. The report, titled "2015 Survey of Non-Starch Ethanol and Renewable Hydrocarbon Biofuel Producers,'' involved 114 companies and resulted in 61 plants (comprising of 32 renewable hydrocarbon facilities, 27 cellulosic ethanol units and two algae-derived ethanol projects). In 2015, of the 29 nonstarch ethanol plants surveyed, 11 were operational, with five at commercial scale. Of the 32 renewable hydrocarbon units, 12 were operational. A table provides the capacity (gal/y) and operational year of commercial-scale renewable hydrogen additions of 11 US companies as of 2015. AltAir Fuels' new 30-M gal/y capacity has a startup date of 2015. Cool Planet Energy Systems' 10-M gal/y capacity and Fulcrum BioEnergy's 10M gal/y capacity are both expected to be launched in 2017. Original Source: Biomass Magazine, May 2016, 10 (5), 46 (Website: http://biomassmagazine. com) © BBI International 2016.
Specialty chemicals market to reach $1201.1 bn by 2023: TMR According to a new market research study published by Transparency Market Research (TMR), titled 'Specialty Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2023', in 2014, the global specialty chemicals market was worth $800.4 bn and is estimated to reach $1201.1 bn by the end of 2023. The market is expected to register a 4.70% CAGR between 2015 and 2023. In 2014, the agrochemicals segment held the largest share in the global specialty chemicals market, followed by the construction chemicals segment. Furthermore, the electronic chemicals segment is projected to witness significant growth in the next few years. In 2014, Asia-Pacific dominated the market with a 45% share. In the same year, North America accounted for the second-largest share in the global market for specialty chemicals, followed by Europe. Furthermore, the Middle East and
July 2016