The frontrunners in the global biomethane gas market, according to one of the reports by Transparency Market Research, are CNG Services Ltd., Planet Biogas Global GmbH, SGN, Future Biogas Ltd., VERBIO, Magne Gas, Gasrec, Gazasia Ltd., Biogas Products Ltd., Schmack Carbotech GmbH, EnviTec Biogas AG, SoCalGas, ETW Energietechnik GmbH, ORBITAL, and JV Energen.
As per estimates of a report by Transparency Market Research, the global biomethane market stood at a valuation of US$1,485.4 mn in 2016 and is expected to reach a valuation of US$2,624.5 mn by 2025 rising at a CAGR of 6.7% between 2017 and 2025.
North America and Europe to Continue Garnerning Significant Market Shares
The segments of the global biomethane market based upon application are automotive sector and power generation. The automotive sector is expected to account for a significant share in the market over the forecast period.
The key regional segments into which the global market for biomethane is divided in this report are North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. In 2016, North America and Europe held a significant share of the global biomethane market. The trend is expected to continue over the forecast period as well.
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Feasibility of Biomethane as an Automobile Fuel Fuels Growth
One of the key growth drivers of the global biomethane market is the green gas characteristic of biomethane. Biomethane is produced by the natural breakdown of organic material, which includes green waste, agricultural waste, food industry waste, household waste, and even industrial waste. The process of production of biomethane involves breaking down of organic matter in an anaerobic environment to produce biogas, which is further purified to produce biomethane. The resultant gas can be used as a vehicle fuel or can be injected into the main gas network to generate green energy.
The high production efficiency of biomethane production is another significant factor that adds to the advantage of the growth of biomethane market. This attribute makes it feasible for biomethane to be used as an alternative fuel for electricity production and for heat generation from combined heat and power.
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Apart from being an environmentally friendly gas with high potential usage in the automobile sector, biomethane can be produced from the same infrastructure setup for natural gas production. This eliminates additional setup cost in biomethane production. This is expected to be a key factor that will boost the production of biomethane over other fossil fuels in various countries across the globe.
In addition, gasification of organic matter for the production of biomethane has environmental benefits as well. This is mainly because biomethane produced from organic matter prevents the discharge of a large amount of methane and other harmful gases into the atmosphere. The other advantage of production of biomethane is that it eliminates exposure of decaying organic matter into the atmosphere. Hence, methane and other harmful gases are prevented from being discharged into the atmosphere.
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The production of biomethane, on the other hand, has a downside as well. Methane as a whole, if released in the atmosphere is about 20 times more detrimental to the environment than other greenhouse gases such as carbon dioxide.
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Hydrogen cyanamide is a plant growth regulator. Plant growth regulators (PGR) are chemicals that shape plant growth in many complex ways. They control activities such as differentiation and cell division, root and shoot growth, ripening and flowering. These are naturally occurring elements that regulate overall development and growth of plants, and are also called plant hormones. Some plant growth regulators are applied to plants to get a myriad of changes. These changes often make the plant better or more saleable by inhibiting growth responses such as germination, stomatal closure and abscission. Hydrogen cyanamide is majorly used as a growth regulator for grape. It has properties similar to disulfiram which is used to treat chronic alcoholism. Hydrogen cyanamide is called carbamide or carbodiimide. It is also classified as a restricted use pesticide. Hydrogen cyanamide offers several advantages. It includes earlier fruit harvest, increase in fruit size and increase in yield. In addition, it decreases the rate of over cropping and poor leafing. Hydrogen cyanamide has potential disadvantages which include phytotoxicity. Phytotoxicity reduces plant yields.
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Organic farming has emerged as an important area in the agriculture sector on a global level in view of the growing demand for healthy and safe food. Organic farming also offers long-term sustainability and addresses concerns regarding environmental pollution associated with the indiscriminate use of agrochemicals. Hydrogen cyanamide are used for applications in soil, seed, or composting areas with the objective of increasing the number of such micro-organisms and accelerate microbial processes which boost the availability of nutrients that are subsequently assimilated by plants. Companies are focusing toward developing organic plant growth regulators to strengthen the organic offerings in crop nutrition. Organic plant growth regulators are premium products in the plant growth regulator category which have been mainly targeted at high value horticulture crops and other cash crops such as cotton and sugarcane. Hydrogen cyanamide causes adverse effects in the liver, thyroid, kidney, ovaries, and testes of laboratory animals. Hydrogen cyanamide has a modest toxicity in humans. Workplace exposure to hydrogen cyanamide sprays or exposure in people living in the vicinity of spraying have been reported as causing respiratory irritation, contact dermatitis, headache, and gastrointestinal symptoms of nausea, vomiting, or diarrhea. These parameters can adversely affect the hydrogen cyanamide market growth. Additionally, though plant growth regulators provide nutrition and enhance the growth of plants, they are used in less quantity compared to other agrochemicals such as fertilizers. Different types of farming such as organic farming mainly use pesticides and fertilizers for applications in pest control, crop rotation, and green matter. However, plant growth regulators are strictly limited to organic farming due to various reasons including dormancy of seeds and their sustainability. Thus, the demand for hydrogen cyanamide may diminish in the near future.
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Demand for plant growth hydrogen cyanamide was highest in Europe. Demand for plant growth regulators in Asia Pacific is expected to witness substantial growth. Emerging economies in Asia Pacific such as China and India are anticipated to dominate the market owing to the large demand for plant hormones in grapes for wine production over the next few years.
At present, manufacturers such as Xinyi (H.K.) Industrial Co. Ltd., Sichuan Guoguang Agrochemical Co. Ltd, Drexel Chemical Company, Canpex Chemicals Pvt. Ltd and Kenvos Biotech Company Limited dominate the hydrogen cyanamide market.
Glufosinate ammonium is produced from phosphinic acid and is a non-selective herbicide. It can be used effectively of all broad-leaved and grass weeds. Weeds deprive the crop plants of essential soil nutrients resulting in their stunted growth. Glufosinate ammonium is used globally on all edible & non-edible crops, fruits & berries and grasslands. Glufosinate ammonium is applied on both pre- and post emergent weeds. It acts by inhibiting the enzyme glutamine synthetase. It is applied as foliar spray and as soil treatment. Compared to other herbicides, its use is considered relatively safe on crop plants and it can be used in combination with other herbicides, owing to which, it is widely accepted as an herbicide in the major parts of the world.
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The growth of the agrochemicals industry for farmlands has been driving the growth of glufosinate ammonium market. This trend is expected to continue within the forecast period. Additionally, glufosinate ammonium is used as a dessicant and a defoliant. The application of this chemical causes reduced glutamine and increased ammonia levels in plant tissues. This retards the photosynthesis process resulting in the death of the plant, within few days. However, glufosinate ammonium causes toxicity in animals and aquatic flora and fauna, this disadvantage of glufosinate ammonium is expected to hamper the growth of the market in the coming years. Bio based substitutes of glufosinate ammonium which are milder on the environment are expected to open new opportunities for this market in the coming years.
In order to combat the increasing problem of weed resistance to glyphosate- based products, in May 2013, Bayer CropScience announced the construction of glufosinate ammonium herbicide facility in the U.S. Bayer CropScience sells glufosinate ammonium under the brand name Liberty. The Liberty brand of glufosinate ammonium herbicide, acts against weeds which develop resistance to glyphosate, owing to this it is in high demand by agriculturists. The new facility construction in the U.S. is expected to more than double the company’s capacity for glufosinate ammonium production. Glufosinate ammonium acts against a wide variety of weeds such as crabgrass, pigweed, chickweed, quackgrass, lamb’s quarters, buckhorn plantain, shepherd’s purse and others. Glufosinate ammonium is sold under the brand names Liberty, Basta and Ignite. Its use as a defoliant causes the leaves of the weeds to fall off which retards the growth of harmful weeds.
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China is the world’s largest producer and consumer of glufosinate ammonium. China consumes glufosinate ammonium as agro-chemical. The U.S, Canada, South America and Western Europe are other producers of glufosinate ammonium. It is used extensively in Brazil in its agricultural lands. Furthermore, other agrarian economies such as countries in the Indian sub continent are large consumers of glufosinate ammonium. It is used on a large scale in Europe and the U.S. as a non-systemic herbicide.
Some of the key players in this market are: ABI Chemicals, AK Scientific, Alfa Aesar, Angene, Apollo Scientific Ltd, Bayer CropScience, Conier Chem, China Jiangsu International Group, Changzhou Wujin Henglong Pesticide Co.,Ltd, Dalian Haokang Electronic Technology Co., Ltd, GFS Chemicals, Finetech Industry, Green Chem Ltd, Hangzhou Uniwise International Co., Ltd, Hengyang KT Chemical Co., Ltd, J and K Scientific, Krishi Rasayan Exports Pvt. Ltd., Panpan Industry Co. Ltd, Merck Millipore, Sigma – Aldrich, Syngenta, Shengda Union Biochemistry Co. Ltd, Wangs Crop-Science Co., Ltd, Zibo Towin Chemical Co., LTD. TCI, Tractus Co. Ltd, Zhejiang Sega Science and Technology Co. Ltd among others.
Caprylic acid is one of the major medium chain triglycerides (MCT), chemically known as octanoic acid. It is a saturated fatty acid containing eight carbon atoms. Caprylic acid occurs naturally in the milk of different mammals. It is also found as one of the components of coconut and palm kernel oils. Caprylic acid has potential antimicrobial activity to inhibit the growth of a broad range of microbes such as bacteria, fungi, and algae. It acts as an active fungicide by preventing the infection of Candidafungi, commonly known as Candidacells. Caprylic acid also functions to activate ghrelin, a protein that stimulates hunger and increases appetite. It oxidizes the fat component in the body, enabling burning of excess calories, and aiding in weight loss.
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Caprylic acid has extensive commercial applications as an antimicrobial pesticide, fragrance-enhancing component, and fat-reducing agent. It is used to prepare esters used in perfumes, artificial flavorings, and dyes. Due to its antimicrobial activity it is applied as a food contact surface sanitizer in equipment used in wineries, breweries, dairies, and other food and beverage processing plants. It is used as a dietary supplement to initiate the fat burning process. It prevents fungal infections caused by yeast and bacteria in stomach and hence recommended for use in alternative medicines. Additionally it has uses in the manufacture of lubricants and grease. It acts in metal working fluids to solubilize mineral oil.
Caprylic acid has potential applications in a broad range of end-user industries. These include personal care or cosmetics (perfume, fragrance, and sanitizer); food and beverage; pharmaceuticals; and rubber and plastic (lubricant and grease). Such wide commercial application builds a prospective market for caprylic acid. North America holds the major share of the market. Weight loss campaigns and improved life styles of people in the U.S. and Canada are likely to fuel a growing market in the next few years. The growth of the end-user industries of caprylic acid in Europe accounts for a significantly healthy market there. A similar trend is forecasted to continue in future in Europe. High consumption of caprylic acid is observed in the developing countries of Asia Pacific due to increased application in luxurious items, perfumes, food supplements, medicines, wax, etc. This leads to a surging market of caprylic acid in Asia Pacific. During the forecast period the market in China, South Korea, Japan and India are anticipated to witness a tremendous boost. MEA is also expected to appear as an emerging market for caprylic acid due to rising demand as a food supplement and additive.
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Approval of caprylic acid by the U.S. Food and Drug Administration (FDA) empowers its potential use as a food additive and nutritious supplement, driving a rise in demand. Medical and dietary application accelerates growing demand in the global market. Caprylic acid is obtained from raw materials that are natural, renewable, and “green.” Being free from environmental concerns and regulatory hazards, application of caprylic acid for commercial purposes is highly encouraged. Application of caprylic acid as a surfactant due to its hydrophobic nature enhances its demand in the global market. However, increased application of caprylic acid may elicit some health symptoms such as: nausea, constipation, heartburn, indigestion, etc. Such factors can hinder the growth in demand for caprylic acid.
Some of the key players in the caprylic acid market include: VVF L.L.C., Wilmar International, Oleon, Klk Oleo Sdn. Bhd., Acme Synthetic Chemicals, P&G Chemicals, and ChemCeed.
Transparency Market Research (www.transparencymarketresearch.com) has released a new report titled “Wood-Plastic Composites (Polyethylene, Polypropylene, Polyvinyl Chloride and Others) Market for Building & Construction, Automotive, Electrical and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” According to the report, the global wood-plastic composites market was valued at USD 2.64 billion in 2012 and is anticipated to reach USD 5.39 billion in 2019, expanding at a CAGR of 10.8% between 2013 and 2019.
Increasing demand for wood-plastic composites in the manufacture of building & construction products is estimated to boost the overall wood-plastic composites market over the next few years. Additionally, rising demand for wood-plastic composites to manufacture several interior components of automobiles is projected to fuel market growth. Wood-plastic composites help in reduction of the overall weight of the vehicle and in turn enhance its fuel efficiency. Furthermore, implementation of stringent environmental regulations restricting the use of 100% plastic or wood is expected to boost the demand for global wood-plastic composites. However, the development of other natural fiber composites such as straw fiber, fruit fiber, leaf fiber and seed fiber is likely to hamper the overall growth of wood-plastic composites market in the near future.
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Polyethylene wood-plastic composites dominated the global wood-plastic composites market in 2012. The major application of polyethylene wood-plastic composites is in building & construction industry. Polyvinyl chloride wood-plastic composite is expected to be the fastest growing product segment of the market during the forecast period owing to its growing application in window and decking applications.
Building & construction was the largest application segment of the wood-plastic composites and accounted for over 70% of the total volume demand in 2012. Exterior building & construction products manufactured using wood-plastic composites offer high resistance to staining, fading and scratching. Additionally, automotives is expected to be the fastest growing application of the market owing to the increasing substitution of conventional materials such as metals by wood-plastic composites.
North America was the largest market for wood-plastic composites in 2012 and the trend is expected to continue into the forecast period. However, Asia Pacific is anticipated to witness the fastest growth in the market over the forecast period. The Asia Pacific wood-plastic composites market is expected to grow at a CAGR of over 10% between 2013 and 2019. China plays a key role in driving Asia Pacific market due to huge production capacities for wood-plastic composites products.
The global wood-plastic composites market is highly fragmented in nature. Major players in the wood-plastic composites market include Trex Company Inc., Fiberon LLC., CPG International, Advanced Environmental Recycling Technologies (AERT) and Fineko. Entry of new players, especially in Asia Pacific, is likely to boost the overall market growth.
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This report segments the global wood-plastic composites market as follows:
Wood-Plastic Composites Market – Product Segment Analysis
– Polyvinyl chloride
– Others (ABS, polystyrene and polylactide)
Wood-Plastic Composites Market – Application Analysis
– Building & construction
– Others (Toys, trays, musical instruments, shoe soles, etc)
Wood-Plastic Composites Market – Regional Analysis
– North America
– Rest of the World
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