LONDON, UNITED KINGDOM--(Marketwired - September 13, 2016) - Merchant Research & Consulting, Ltd. is happy to inform that cutting-edge topical research reports, exploring various chemicals markets, have been recently added at its website.
Markets Covered in New Insightful Reports Include:
Acetone plays an important role in the chemical industry, acting as an indispensible building block for many plastics, acrylic products, sealants, lacquers and epoxy rubbers. The Asia Pacific region accounts for 40% of global acetone production capacity with major market shares owned by the following countries: China, Taiwan, South Korea, and Japan. Despite predominant regional status of the Asian acetone market, the intraregional acetone market dynamics in Asia exhibit different trends. For instance, China actively expands its acetone manufacturing capacity by adding over 600,000 t/y only in 2014. Apart from purely local manufacturers, some of this amount was added by JVs with international companies. On the contrary, Japan curtails its acetone production, affected by the oversupply from new facilities in other Asian countries. Thus, Mitsui Chemicals and Idemitsu decided to close their acetone/phenol plant in Chiba in 2014. The Japanese companies have to seek other ways to optimize their acetone/phenol business and to assess the whole value chain from the feedstock to end-products. More details on the acetone market can be found in the in-demand report "Acetone: 2016 World Market Outlook and Forecast up to 2020".
Terephthalic Acid Market
Terephthalic acid (TPA) is a raw material used in the manufacture of various products, including polyester, which is in turn used in various applications ranging from fabrics to food containers. TPA is a large-tonnage commodity, whose market operates in a highly competitive environment. As such, the cost-effective production of terephthalic acid hinges on the use of new manufacturing technologies which are able to secure high conformity to energy efficiency standards, ecological norms, and sustainability principles. For instance, Indorama relies on the use of the Regenerative Thermal Oxidiser (RTO) unit, which applies the latest exhaust-gas processing technology, in which the concentration of pollutants released to the air in the course of TPA production is reduced to an absolute minimum. Likewise, INVISTA's latest TPA technology, known as P8, delivers significant variable cost improvements through milder reactor conditions, improved energy integration and recovery. INVISTA Performance Technologies has been licensing TPA and polyester technologies for more than 40 years. Further info on the terephthalic acid market is available in insightful report "Terephthalic Acid (TPA): 2016 World Market Outlook and Forecast up to 2020".
The fluorspar mineral is used in the production of hydrofluoric acid, which is the primary feedstock for most fluorine-bearing compounds, including fluoropolymers and fluorocarbons. It is also a key ingredient in aluminium manufacturing. China provides more than 60% of world fluorspar supply and accounts for 50% of global fluorspar production. However, the situation with fluorspar availability may deteriorate if China decides to continue its policy of curtailing the exports of strategic resources to the international markets. China has been augmenting the restriction of foreign access to its strategic raw materials despite its WTO obligations. Many materials, that are indispensible for chemicals manufacturing and other industries, are now among commodities restricted for export from China. Fluorspar is also included in this list as Ministry of Industry and Information Technology (MIIT) of China deliberately promotes the decrease in the production of fluorite, which is the mineral form of fluorspar, in order to protect its valuable resources. Among other reasons, such curtailment can be caused by environmental concerns expressed by the Chinese government, which tries to raise environment protection standards in mining and manufacturing. A comprehensive analysis of the fluorspar market is provided in topical report "Fluorspar: 2016 World Market Review and Forecast".
Scandium is hardly a rare resource due to its fairly big availability in the Earth's lithosphere, but it is largely dispersed in small concentrations in various minerals, making scandium mineral deposits insignificant in size and uneconomical in grade. On par with some other factors, this hinders commercially viable recovery of this metallic element and stymies scandium market development. The fact that scandium is mostly associated with other metals and minerals, as a byproduct, despite the versatility of origin, makes it particularly vulnerable and dependent on the economics of these metals and minerals. The insufficiency and vulnerability of scandium supply therefore prevent many companies from taking a closer look at this particularly interesting metal, though demand for scandium has been growing and its applicability in various industries (especially in high-tech sectors) is hardly optimal at the moment. As a result, scandium market needs proper formalization and further commercialization since it is currently disorganized and lacks veritable statistical analysis. Qualitative and quantitative information on the scandium market can be found in cutting-edge report "Scandium: 2016 World Market Review and Forecast".
Sodium Sulfate Market
Sodium sulfate market development in Latin America has a vast potential. The region holds the voluminous market for detergents, glass, paper and textiles, which are the main outlets for sodium sulfate. The consumption of sodium sulfate in the region exceeds 2.3 mln tons per year. In addition, Mexico became a place to host one of the largest sodium sulfate deposits (more than 100 mln tons) in the world -- in Laguna del Rey. These factors increase the attractiveness of Latin America as a prospective geographical location for the development of the sodium sulfate market. Currently, Latin America accounts for just about 3% of global sodium sulfate production capacity, and this capacity belongs to a single company -- Quimica del Rey S.A. de C.V., a wholly owned subsidiary of Industrias Penoles S.A. de S.V. (Magnelec facilities in Ocampo, Coahuila). Such capacity distribution is a sign of significant underutilization of the market potential. That is why Quimica del Ray currently increased its capacity from 630,000 t/y to 780,000 t/y by launching Plant II in late 2014 (its sodium sulfate output in 2015 was over 732,600 tons, up 15% on 2014). After the expansion, this facility became the third largest in the world and the largest in the western hemisphere. International companies also see the potential of the region as Saskatchewan Mining and Minerals Inc. (SMMI) has been planning and building a new sodium sulfate processing facility in Sonora, Mexico. A comprehensive overview of the sodium sulfate market performance is given in insightful report "Sodium Sulfate: 2016 World Market Outlook and Forecast up to 2020".
Many other topical research studies exploring various chemical markets are available at Merchant Research & Consulting website.