Research and Markets – Global $600+ Billion Basic Petrochemical Market Growth Opportunities 2017-2021 With Profiles of Saudi Basic Industry Corp, LyondellBasell, Exxon Mobil, and Royal Dutch Shell

Logo

Research and Markets – Global $600+ Billion Basic Petrochemical Market Growth Opportunities 2017-2021 With Profiles of Saudi Basic Industry Corp, LyondellBasell, Exxon Mobil, and Royal Dutch Shell

PR Newswire

DUBLIN, May 25, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the “Growth Opportunities for the Global Basic Petrochemical Market” report to their offering.

Research and Markets Logo

The global basic petrochemical industry is expected to reach an estimated $603.2 billion by 2021 and is forecast to grow at a CAGR of 4.9% from 2016 to 2021.

The future of the global basic petrochemical market looks good with opportunities in construction, transportation, agriculture, textile, industrial, electronics, healthcare and consumer goods industries. The major growth drivers for this market are growing demand for basic petrochemicals in end use industries. Technological innovations aimed at improving manufacturing processes to increase product yield with higher quality are expected to have a positive impact on the petrochemical industry. 

Emerging trends, which have a direct impact on the dynamics of the market, include capacity migration to low cost locations and US shale gas boom has renewed competitive advantage to the sector. 

Basic petrochemical companies profiled in this market report include Saudi Basic Industry Corporation, LyondellBasell, Exxon Mobil, and Royal Dutch Shell.

The author predicts that the demand for ethylene is likely to experience the highest growth over the forecast period due to the growth in the polyethylene film for the food and non-food packaging applications.

Ethylene is expected to remain the largest segment due to increasing demand from various end use applications such as packaging and construction.

Asia Pacific is expected to remain the largest region and is expected to witness above average growth over the forecast period due to economic expansion in India and China and increasing usage of chemicals in different sectors, such as healthcare, automotive, construction, and others.

The study includes a forecast for the global basic petrochemical industry by chemical type, application type, and region, as follows:

Basic petrochemical market by chemical type [Volume (Million Tons) and $ Billion Shipment from 2010 to 2021]:

– Ethylene

– Propylene

– Butadiene

– Benzene

– Toluene

– Xylene

– Methanol          

– Ammonia

Basic petrochemical market by application type [Volume (Million Tons) 2015]:

– Ethylene market by application

– Polyethylene

– Ethylene Oxide

– Ethylene Dichloride

– Others

Propylene market by application
– Polypropylene
– Propylene Oxide
– Acrylonitrile
– Others

Butadiene market by application
– Butadiene Rubber
– Styrene Butadiene Rubber
– Acrylonitrile Butadiene Styrene
– Styrene Butadiene Latex
– Hexamethylenediamine/Adiponitrile
– Others

Benzene market by application
– Styrene
– Cumene
– Cyclohexane
– Aniline
– Others

Toluene market by application
– Benzene
– Xylene
– Gasoline Blending
– Toluene Diisocyanates
– Solvent
– Others

Xylene market by application
– Para-Xylene
– Ortho-Xylene
– Mixed -Xylene & Others

Methanol market by application   
– Formaldehyde
– Methyl Tert-Butyl Ether
– Fuel Blending
– Acetic Acid
– Methanol to Olefins
– Dimethyl Ether 
– Biodiesel
– Other   

Ammonia market by application
– Fertilizers
– Polyamides
– Nitric Acid
– Others

Key Topics Covered:

1. Executive Summary

2. Industry Background and Classifications

3. Market Trends and Forecast Analysis

4. Competitor Analysis

5. Growth Opportunities and Strategic Analysis

6. Company Profiles of Leading Players

For more information about this report visit http://www.researchandmarkets.com/research/6cwndd/growth

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets—global-600-billion-basic-petrochemical-market-growth-opportunities-2017-2021-with-profiles-of-saudi-basic-industry-corp-lyondellbasell-exxon-mobil-and-royal-dutch-shell-300464004.html

SOURCE Research and Markets

The Valspar Corporation Expands Production Capacity for Automotive Refinish Coatings

The Valspar Corporation Expands Production Capacity for Automotive Refinish Coatings

Global coatings company increases manufacturing of its automotive refinish brands to serve the global market with recent upgrades at facilities in Garland, Texas and Pittsburgh, Pennsylvania

PR Newswire

MINNEAPOLIS, May 25, 2017 /PRNewswire/ – The Valspar Corporation has expanded production capacity of its automotive refinish coatings products at U.S.-based manufacturing facilities. Recent technology and equipment upgrades at locations in Garland, Texas and Pittsburgh, Pennsylvania have significantly increased manufacturing volumes, and filling and storage capacity for select brands within the Valspar Automotive portfolio, including: DeBeer® Refinish, Valspar® Refinish, Prospray® Finishes and Matrix® Automotive Finishes.

New technology and equipment automates a number of processes and delivers immediate and greater efficiencies, as well as enhanced quality control, faster filling and mixing times, safer workplaces, and more environmentally-friendly practices. “Not only are we producing the necessary volume to serve customers and the growing market, but we’re improving ergonomics and overall safety protocols for our employees,” said Dave Brunori, business director, Valspar Automotive, North America.

Expansions at the Garland and Pittsburgh sites represent a $10 million project—the largest of its kind by Valspar Automotive to date. The added production capacity will result in a 200 percent increase in output of automotive refinish brands. “The stage is set for our commercial organization to deliver products on time and at the required level of quality to grow our business over the next five years,” added Brunori.

As a result of both east and west expansion projects, Valspar Automotive has not only increased production in North America, but also storage space by approximately 300 percent.

“With automated, in-line equipment there’s little-to-no manual intervention in the production process, improving consistency in filling and packaging cans,” said Sue Byrne, global director of supply chain at Valspar Automotive. The Garland facility alone went from filling 450,000 cans to 1.3 million annually, with the capability to grow to more than 3 million.

In Pittsburgh, activator and hardener production has nearly doubled. “We’re filling more cans and we’re doing it more efficiently,” said Byrne.

The sites’ expansion is part of the final stages of integrating the automotive refinish coatings business of Quest Specialty Chemicals, which Valspar acquired in June 2015. Valspar has consolidated all of its automotive coatings research and development, manufacturing and distribution at three “Centers of Excellence” — Garland, Pittsburgh and Massillon, Ohio.

The three facilities develop and produce refinish products for some of the most popular brands in the industry, including DeBeer Refinish, Valspar Refinish, Matrix Automotive Finishes, U.S. Chemical & Plastics and Prospray Finishes as well as several private label brands.

Valspar is a global automotive coatings manufacturer, delivering color matching technology, support and service; global color labs and tools provide the ability to match any OEM and custom color. OEM approvals include Ford, General Motors and Chrysler, while the automotive division of Valspar also supplies refinish materials for use on European and Asia OEMs, including Honda, Mazda, Toyota, and Hyundai. Valspar’s global portfolio of preferred brands include: DeBeer Refinish, Octoral™, Valspar Refinish and House of Kolor®.

Valspar: If it matters, we’re on it.®
Valspar is a global leader in the coatings industry providing customers with innovative, high-quality products and value-added services. Our 11,000 employees worldwide deliver advanced coatings solutions with best-in-class appearance, performance, protection and sustainability to customers in more than 100 countries. Valspar offers a broad range of superior coatings products for the consumer market, and highly-engineered solutions for the construction, industrial, packaging and transportation markets. Founded in 1806, Valspar is headquartered in Minneapolis. Valspar’s shares are traded on the New York Stock Exchange (symbol: VAL). For more information, visit www.valspar.com and follow @valspar on Twitter.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-valspar-corporation-expands-production-capacity-for-automotive-refinish-coatings-300464262.html

SOURCE Valspar Automotive

Growth Opportunities in the Global Prepreg Market, 2017-2021 – Research and Markets

Logo

Growth Opportunities in the Global Prepreg Market, 2017-2021 – Research and Markets

PR Newswire

DUBLIN, May 25, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the “Growth Opportunities in the Global Prepreg Market” report to their offering.

Research and Markets Logo

The global prepreg market is expected to reach an estimated $6.6 billion by 2021 and it is forecast to grow at a CAGR of 7.7% from 2016 to 2021.

Trends, opportunities and forecast in this market to 2021 by end use industry (commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, civil engineering and others), material form (UD prepreg and fabric prepreg), manufacturing technology (hot melt and solvent dip), type of prepreg (thermoset prepreg and thermoplastics prepreg), resin (epoxy, BMI, phenolic, cyanate ester, thermoplastics) and regions

The future of global prepreg market looks promising with opportunities in commercial aerospace, general aviation, military/defense, space/satellite, sporting goods, marine, wind energy, automotive, and civil engineering industries. The major drivers for market growth are growing demand for advanced high performance and lightweight composite materials and increasing performance requirements in the end use industries.

Emerging trends which have a direct impact on the dynamics of the industry include the increasing use of thermoplastics prepreg and close collaboration between industry players in different nodes of value chain.

Prepreg companies profiled in this market report include Hexcel, Cytec Solvay Group, Toray, TenCate, Gurit, Mitsubishi Rayon Corporation, SGL Group, Toho Tenax, and Lanxess are among the major suppliers of prepreg material.

Within the global prepreg market, the commercial aerospace segment is expected to remain the largest segment by value and wind energy by volume. Expected growth in the development and production of advanced aircraft models, increasing use of lightweight high-performance composites in new aircraft programs, such as Boeing 787, Airbus A350, and the increasing length of wind turbine blades are the major driving forces that spur growth for these segments over the forecast period.

The North America is expected to remain the largest market and is expected to witness highest growth rate during the forecast period due to growing demand from aerospace and other end use industries.

Key Topics Covered:

1. Executive Summary

2. Industry Background and Classifications
2.1: Introduction
2.2: Industry Classification
2.2.1: Markets Served
2.2.2: Supply Chain

3. Market Trends and Forecast Analysis
3.1: Market Analysis 2015
3.1.1: Global Prepreg Market by End Use Industry

– Commercial Aerospace
– Military/Defense
– General Aviation
– Space/Satellite
– Sporting Goods
– Marine
– Wind Energy
– Automotive
– Civil Engineering
– Others

3.1.2: Global Prepreg Market by Material Form

– UD Prepreg
– Fabric Prepreg

3.1.3: Global Prepreg Market by Manufacturing Technology

– Hot Melt
– Solvent Dip

3.1.4: Global Prepreg Market by Type of Prepreg

– Thermoset Prepreg
– Thermoplastic Prepreg

3.1.5: Global Prepreg Market by Reinforcement

– Carbon Fiber
– Glass Fiber
– Aramid Fiber

3.1.6: Global Prepreg Market by Resin

– Epoxy
– BMI
– Phenolic
– Cyanate Ester
– Thermoplastics

3.1.7: Global Prepreg Market by Region

North America
Europe
Asia Pacific
– Rest of the World

3.2: Market Trends 2010-2015
3.2.1: Macroeconomic Trends
3.2.2: Global Prepreg Market Trends by Value and Volume
3.2.3: Industry Drivers and Challenges
3.3: Market Forecast 2016-2021
3.3.1: Macroeconomic Forecast
3.3.2: Global Prepreg Market Forecast by Value and Volume

4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Growth Leadership Analysis
4.6: Porter’s Five Forces Analysis

5. Growth Opportunities and Strategic Analysis
5.1: Growth Opportunities Analysis
5.1.1: Growth Opportunities for Global Prepreg Market by End Use Industry
5.1.2: Growth Opportunities for Global Prepreg Market by Region
5.1.3: Growth Opportunities for Global Prepreg Market by Material Form
5.1.4: Growth Opportunities for Global Prepreg Market by Manufacturing Technology
5.1.5: Growth Opportunities for Global Prepreg Market by Prepreg Type
5.1.6: Growth Opportunities for Global Prepreg Market by Resin Type
5.1.7: Growth Opportunities for Global Prepreg Market by Reinforcement Type
5.1.8: Innovations in the Global Prepreg Industry
5.2: Emerging Trends in Prepreg Industry
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Capacity Expansion in Prepreg Industry
5.3.3: Mergers, Acquisitions and Joint Ventures in Prepreg Industry

6. Company Profiles of Leading Players
6.1: Hexcel Corporation
6.2: Cytec Solvay Group
6.3: Gurit
6.4: Toray Industries Inc.
6.5: TenCate Advanced Composites
6.6: Toho Tenax
6.7: SGL
6.8: Mitsubishi Rayon
6.9: LANXESS/ Bond Laminates

For more information about this report visit http://www.researchandmarkets.com/research/dpc2w3/growth

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/growth-opportunities-in-the-global-prepreg-market-2017-2021—research-and-markets-300463871.html

SOURCE Research and Markets