U.S. is one of the major importers of methanol with net imports of 1037 kilo tons in 2017. It majorly imports from Trinidad & Tobago, Venezuela, Equatorial Guinea, Canada and Bahrain. During global economic crisis in the year 2009, the U.S. imports as well as production dropped significantly. The imports witnessed a decline of 62% from 5139 kilo tons in 2008 to 1930 kilotons in 2009; however, it increased in 2010 by 210% to reach 5975 kilo tons overcoming the recessionary period. Since 2011, imports have steadily decreased particularly from Trinidad & Tobago and Venezuela while exports have increased owing to increase in production and new capacities additions. In 2015, Celanese added 1300 kilo tons of capacity while a new plant of 1800...
Maleic Anhydride market is colourless or white solid with acrid odour. Most important application of Maleic Anhydride is to produce unsaturated polyester resins. The demand for maleic anhydride is generally dependent on overall state of the economy as it is bulk commodity chemical dependent on general economic trends. North America and Europe has seen a modest growth in past few years. China s maleic anhydride demand grew rapidly in past decade and now it is experiencing slow growth on account of steady polyester demand. South East Asia and Middle Eastern regions are predicted to witness a strong growth on account of its high GDP growth rates. Maleic anhydride is used in applications such as unsaturated polyester resins (UPR)...
Prismane Consulting estimates the global Polyamide 6 Market demand to be around 5700 KT in 2016 of which China accounted for around 40% of the consumption. Textiles & Apparels consume a major share (around 56%) of PA 6 in the country. Automotive and electrical & electronics are expected to drive the demand for polyamides owing to increase in usage for weight reduction and ease of processing. Polyamides are used in production of air-intakemanifold, valves, oil supply components and air systems. Automotive production declined between 2008 and 2009 on account of economic recession affecting the polyamides industry. Demand for most markets for engineering plastics like Polyamides are greatly influenced by general economic conditions.
Thermoplastic Polyurethanes products. It is also used in small volumes in adhesives & sealants,aerospace and marine equipments. TPU offers exceptional benefits by bridging the gap between flexible rubber and rigid plastics. The biggest TPU market and application outlet is in the footwear & sporting goods industry, currently accounting for 40% of the global demand. In the footwear industry, TPU has seen rapid growth as the market has moved towards high performance sports shoes and more importantly as a result of increasing fashion trends for footwear with thicker soles. On account of its excellent durability and resistance, TPU is used in manufacturing of sporting goods such as in-line skates, surfboards, ski boots, goggles and others.
Methyl Methacrylate Market (MMA) can be manufactured by various methods, the principal one being the cyanohydrin route. The manufacturing process of Methyl Methacrylate involves petrochemical as a feedstock, thus any fluctuations in the crude oil prices impact the Methyl Methacrylate market. MMAis a monomer usually used as a raw material for the production of several polymers. Majority of Methyl Methacrylate produced is polymerized into two categories namely homopolymers and copolymers. Around 75% of MMA is used as a raw material in the production of Polymethylmethacrylate (PMMA). Other applications include acrylic plastic & resins, surface coatings, impact modifiers,emulsion polymers, mineral based sheets, higher methacrylates...
Thermoplastic Vulcanizates Market (TPVs) aremechanically compounded mixtures of a polyolefin (usually polypropylene)and an elastomer (specialty elastomers or EPDM) that is vulcanized during the process. TPVs are widely used to modify the properties of rigid thermoplastics,usually improving impact strength. Major applications of TPVs are inautomotive, industrial, consumers, electrical, and hoses & tubing.
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The global demand for fluorosilicone elastomers (FVMQ) market was about 3,423 tons in 2014 and the market is forecast to grow at a CAGR of 5% in the long-term forecast till 2025. The global average operating rates were estimated to be around 56%. The fluorosilicone elastomers demand is estimated to reach 5049 tons by 2025 owing to the growth in automotive as a result of car build and partly increase use of fluorosilicone elastomer for better efficiency. Developments in the aerospace and industrial sector are also expected to add to the growth.
The global demand for fluorosilicone elastomers (FVMQ) market was about 3,423 tons in 2014 and the market is forecast to grow at a CAGR of 5% in the long-term forecast till 2025. The global average operating rates were estimated to be around 56%. The fluorosilicone elastomers demand is estimated to reach 5049 tons by 2025 owing to the growth in automotive as a result of car build and partly increase use of fluorosilicone elastomer for better efficiency. Developments in the aerospace and industrial sector are also expected to add to the growth.
In 2017, the demand for Higher Linear Alpha Olefins Market in Asia Pacific was estimated to be 129.7 kilo tons. The region is likely to witness demand growth at a rate of 3.1% in the long term forecast till 2025. In terms of applications, Linear Alkyl Benzene (LAB) which is considered under detergent intermediates account for the largest share roughly estimated at 27.2%. The second biggest end-use of higher LAOs was for Polyalphaolefins (PAO) application roughly accounting for 20%. This was followed by surfactants & intermediates and lubricants together accounting for more than 24%. Oxo alcohols accounted for around 10% of the total demand while all other applications including plasticizer, oilfiled chemicals, paper sizing chemicals...