Global Castor Oil Market Share, Size , Price Trends and Forecast 2017-2022

As a result of its lubricating qualities, castor oil is used either in crude or refined hydrogenated form in a number of industries such as food, cosmetic and electronic & telecommunications. Some of its applications are in the manufacturing of products such as adhesives, brake fluids, paints, pigments, electrical liquids, dielectrics, etc.

A latest report by IMARC Group titled, “Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global castor oil market has reached a volume of around 1,800 Thousand Tons in 2016, growing at a CAGR of 4% during 2009-2016. Castor oil is extracted from the seeds of the castor plant. It originated in the tropical belt of India and Africa and is mostly cultivated in arid and semi-arid regions. In the past five years, the market has witnessed a reduction in the production levels of castor seeds as a result of decline in the sowing area. However, due to delayed monsoon in India after 2013, farmers were driven towards growing castor crops as these require less water during plantation. Consequently, the production of castor oil has accelerated from the year 2013 onwards. According to the report, the market for castor oil is expected to grow at a CAGR of 4.5% during 2017-2022, reaching a volume of more than 2,200 Thousand Tons by 2022.

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Castor Oil Market

The report offers a detailed segmentation of the castor oil market based on its applications. It serves as an important component in innumerable industries such as pharmaceuticals, food, cosmetic and the electronics & telecommunications industry. In the food and cosmetic industry, it is used as an additive for flavouring and in manufacturing lipsticks, respectively. In the electronics and telecommunication industry, castor oil is used in the production of polymers as well as the manufacturing of equipment which are used for national security. Furthermore, it is also used in the manufacturing of a number of products which include adhesives, brake fluids, caulks, dyes, machining oils, paints, pigments, electrical liquids, dielectrics, lubricating greases, polyurethane refrigeration lubricants, rubber sealants, textiles, washing powders, waxes, etc.

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The report has segmented the market on a regional basis. The regions covered in the report include India, Brazil and China. Currently, India represents the largest producer of castor oil at the global level. India is followed by China and Brazil. In terms of consumption, China is the largest consumer of castor oil, followed by Europe, India and the United States. The report has also provided a thorough analysis of the competitive landscape along with the details of the major players operating in the market. Some of the players given in the report are Adani Wilmer, Gokul Overseas, Kandla Agro & Chemicals and Jayant Agro. Amongst these, the majority of the market share is held by Adani Wilmer.

The report provides a detailed roadmap for setting up a castor oil manufacturing plant. The study, done by one of the world’s leading research and advisory firms, covers all the prerequisites of the castor oil market and provides an in-depth analysis of the market, industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. It also offers SWOT, Value Chain and Porter’s Five Forces analysis and regional segmentation followed by an analysis of the competitive landscape. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the castor oil market in any manner.

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GCC UHT Milk Market Expected to Reach a Volume of Around 600 Million Litres by 2022

The GCC UHT milk market has experienced a steady growth in recent years. The factor driving the growth of the market is its functional properties which offer longer shelf-life, ease of transportation and storage, health benefits, etc.

GCC UHT milk

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The latest report by IMARC Group titled, “GCC UHT Milk Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the GCC UHT milk market reached a volume of more than 450 Million Litres in 2016, growing at a CAGR of nearly 5% during 2009-2016. UHT milk is prepared by heating raw milk at extremally high temperatures, usually up to 150 ?C for 5 seconds. This technique helps in extending the shelf-life of milk, as a result of which a sealed package of UHT milk can last from six to nine months. Moreover, it also provides ease of storage as UHT treated milk can be preserved without refrigeration. This facilitates consumption of milk in the regions where modes of refrigeration are unavailable. Apart from this, it also aids in transportation without having to invest much on sophisticated cold chain facilities.

Highlights of the GCC UHT milk market:

Changes in lifestyle patterns of the consumers in the GCC region has helped in increasing the demand for UHT milk.
Recombined and reconstituted UHT milk holds the largest share in the market.
The market is expected to reach a volume of around 600 Million Litres by 2022.

The market for UHT milk in the GCC has gained momentum in recent years due to an increase in its consumption. The primary factor which has contributed in influencing the market is changes in lifestyle patterns in the GCC region. In this region, the consumers are becoming health conscious and shifting towards purchasing nutritional and hygienic products. Additionally, as UHT milk can be consumed without heating or boiling, it suits the needs of a consumer-base who live a hectic lifestyle. Further, the market is expected to reach a volume of around 600 Million Litres by 2022.

The market is segmented on the basis of product type including fresh UHT milk, and recombined and reconstituted UHT milk. Currently, recombined and reconstituted UHT milk is the most widely consumed UHT milk type in the GCC region, accounting for the majority of the share. The market is also evaluated on the basis of countries, covering Saudi Arabia, UAE, Kuwait, Oman, Qatar and Bahrain. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players in the GCC UHT market are SADAFCO, Almarai, FreislandCampina, Al Ain Dairy and Al Safi Danone.

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The report by IMARC Group has segmented the GCC UHT market on the basis of:

GCC Region:

Saudi Arabia
UAE
Kuwait
Oman
Qatar
Bahrain

Product Type:

Fresh UHT Milk
Recombined and Reconstituted UHT Milk

Key Players:

SADAFCO
Almarai
Freisland Campina
Al Safi Danone
Al Ain

Browse related reports :

Caramel Chocolate Market @ www.imarcgroup.com/caramel-chocolate-market

GCC Fresh Milk Market @ www.imarcgroup.com/gcc-fresh-milk-market

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Corn Glucose Market Share, Size , Price Trends and Forecast 2017-2022

Corn glucose is used in a wide range of food products, beverages, and tonics and syrups as a sweetener, thickener and a humectant which helps in providing enhanced taste, volume and texture. This has provided impetus to the global corn glucose market, as a result of which it is expected to reach a volume of nearly 4 Million Tons by 2022.

The latest report by IMARC Group titled, “Corn Glucose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global corn glucose market reached a volume of around 3.5 Million Tons in 2016, representing a CAGR of 1.2% during 2009-2016. Corn glucose, also known as glucose syrup and confectioner’s glucose, is a type of food syrup made from the hydrolysis of starch. In the United States, corn is the primary source of the starch, therefore it is called ‘corn syrup’.  However, it is also made from potatoes and wheat, and sometimes barley, rice and cassava as well. Corn glucose contains more than 90% glucose but syrups which are used in making confectionery products contain different amounts of glucose, maltose and higher oligosaccharides.

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Corn Glucose.jpg

Highlights of the global corn glucose market:

  • The market is driven by its uses in the medical, and food and beverage industry.
  • China represents the largest market for corn glucose.
  • The market is expected to reach a volume of around 4 Million Tons by 2022.

The market for corn glucose is growing as a result of thriving food and beverage industry where corn glucose serves as an affordable and easily accessible ingredient.  It is frequently used as a thickener, sweetener and humectant (an ingredient that retains moisture and helps in maintaining food’s freshness), particularly in commercially prepared foods and confectionery. As a result of these properties, it aids in enhancing the flavour and texture, prevents crystallization of sugar, and adds volume to the food products. Some of the food products which are made using corn syrup include dairy desserts, biscuits, pastries, cereals, ketchup, sauces, jams, tinned fruits, sorbets, beverages, etc. It is also used as a sweetener in tonics and syrups such as vitamin tonics and cough syrups. Owing to this, the market is expected to reach a volume of nearly 4 Million by 2022.

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The market has been segmented on a regional basis including the United States, Europe, China and Asia-Pacific (excluding China). Amongst these, China represents the largest market for corn glucose, accounting for the majority of the global shares. An evaluation of the competitive landscape is also provided, along with the details of the major players operating in the market. Some of the key players are Global Sweeteners Holding Ltd., Roquette Freres, Cargill Inc., Ingredion Inc., Archer Daniels Midland, etc.

The report provides a comprehensive analysis for setting up a corn glucose manufacturing plant. The study covers all the requisite aspects of the corn glucose industry and provides an in-depth analysis of the market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the corn glucose industry in any manner.

The report by IMARC Group has analysed the global corn glucose market on the basis of: 

Key Regions:

  • China
  • United States
  • Europe
  • Asia-Pacific (Excluding China)

Key Player:

  • Global Sweeteners Holding Ltd.
  • Roquette Freres.
  • Cargill Inc.
  • Ingredion Inc.
  • Archer Daniels Midland

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Corn Oil Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue

Corn Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

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North America Cross Laminated Timber Market Share, Size , Price Trends and Forecast 2017-2022

Over the past several years, the North America CLT market has grown at a significant pace. This can be attributed to the increasing number of green building projects along with the expanding applications of CLT in the region.

Cross Laminated Timber (CLT) is a solid engineered wood product which is made using an odd number of layers of lumber board laminated crosswise and bonded together using an adhesive. This arrangement enhances the strength, dimensional stability, rigidity and mechanical properties of the panels and creates an effective load resisting system. In North America, CLT was first introduced during the early 2000s and, since then, its usage has gained much prominence. The latest report by IMARC Group titled, “North America Cross Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the north america cross laminated timber market is currently witnessing a healthy growth.

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North America Cross Laminated Timber Market.jpg

Highlights of the North America Cross Laminated Timber Market:

  • Increasing focus on green building projects is expected to be the major demand driver.

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CLT offers a diverse range of environmental benefits as it is renewable, sustainable and sequesters carbon from the environment. It also requires lesser energy during manufacturing, transportation and assembling as compared to structural concrete, masonry or steel. In addition, it is easier to install and requires minimal installation time, thereby, helping in speeding up the construction process as well as saving costs. As CLT is prefabricated, it generates almost no waste onsite and reduces the cost of erection. Furthermore, it offers flexible design and has a certain aesthetic appeal which have made it popular among interior designers and architectures. Since the government agencies in the North American region are focusing on green building solutions and encouraging the use of CLT in high-rise constructions, the global demand for CLT is expected to increase at a rapid pace during next few years.

CLT is used in a wide range of residential and non-residential construction applications such as education institutes, government and public buildings and commercial spaces, etc. On a regional basis, US and Canada represent the major regions in the North America CLT market. Some of the key players operating in the market include Structurlam, Nordic Engineered Wood, SmartLam and Sterling Lumber.

The report by IMARC Group has examined the North America Cross Laminated Timber market on the basis of: 

Application:

  • Residential
  • Educational Institute
  • Government/ Public Building
  • Commercial Space

Region:

  • US
  • Canada

Major manufacturers:

  • Structurlam
  • Nordic Engineered Wood
  • SmartLam
  • Sterling Lumber

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Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

European Cross-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022 

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Global Guar Gum Powder Market – Industry Analysis, Size, Growth, Trends And Outlook 2017 To 2022

Despite witnessing fluctuating demand in the recent years, the global guar gum powder market is expected to witness a steady growth in the coming years. Widespread applications of guar gum powder across numerous industries such as oil-drilling, health care, nutrition, cosmetics, personal care, food, etc. will be one of the major driving factor for this market.

Guargum Powder

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A report published by IMARC Group titled “Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides an extensive and a thorough evaluation of the global guar gum powder market. Guar Gum powder is obtained from ground endosperm of guar plant which is usually cultivated in India and Pakistan. Typically produced as a free-flowing, off-white powder, guar gum has excellent thickening capacity with a high solubility in water. Guar gum powder finds numerous applications across a variety of industries such as food, textile, pharmaceuticals, health care, nutrition, explosives, cosmetics, paper, personal care, mining and oil drilling. It is mainly used as a natural thickener, emulsifier, stabiliser, bonding agent, hydrocolloid, gelling agent, flocculants and fracturing agent. According to the report, the demand for guar gum is highly influenced by the petroleum market as one of the most significant applications of guar gum has been in petroleum production, mainly in hydraulic fracturing. The Shale gas exploration in the United States further led to a surge in the demand for guar gum. The report further finds that the global production of guar gum has experienced fluctuating demand and price trends in recent years with volumes reaching 0.7 Million Tons in 2016.

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The report has segmented the market on the basis of key applications and also gives a market share evaluation of major regions. Presently, the oil drilling sector represents the biggest end-user of guar gum powder accounting for about 60% of the total global consumption. Other major end-use industries are food, pharmaceuticals and cosmetics, paper and textile industries. Region-wise, the United States is the leading market for guar gum powder accounting for around one-third of the global guar gum consumption, followed by Germany and India. The report has further examined the competitive landscape of this market. Some of the key players covered in the report include Vikas WSP Ltd., Hindustan Gum & Chemicals Ltd., Pakistan Gum Industries Pvt. Ltd., India Glycols Ltd. and Rama Industries.

This report has provided a detailed technical insight on setting up and operating a guar gum powder manufacturing plant. It covers all the prerequisites of the guar gum powder market and provides an in-depth analysis of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the guar gum industry in any manner.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Biopharmaceutical Market to Grow at 8% During 2016-2021 With Manufacturers Turning to Untapped Regions

Image result for biopharmaceutical

In order to expand and diversify their operations outside their core markets, biopharmaceutical giants are trying to penetrate emerging markets by collaborating with local pharmaceutical companies or setting up their manufacturing facilities in these regions.

IMARC’s latest report Global Biopharmaceutical Market Report & Forecast (2016-2021)” provides an in-depth analysis of the global biopharmaceutical market along with a comprehensive study of market trends, geographical structure, therapeutic structure, competitive structure and market outlook. Biopharmaceuticals are large, complex molecules extracted from biological sources such as yeast, E. coli and mammalian cell cultures. Currently, the applications of biopharmaceuticals are increasing as they have high efficiency, limited generic threat, are target oriented and can be used to treat ailments such as cancers and autoimmune diseases. Biopharmaceuticals also have a higher approval rate compared to small molecule drugs and have a very strong tendency to achieve blockbuster status. According to the report, the global biopharmaceutical market was valued at nearly US$ 160 Billion in 2015, growing at a CAGR of 9% during 2008-2015.  The market is expected to grow a CAGR of nearly 8% during 2016-2021 as a result of the rising prevalence of chronic diseases such as diabetes, autoimmune diseases, cancers etc., an ageing global population and a significant number of monoclonal antibodies in the pipeline.

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The report has segmented the market on the basis of key regions. As a result of scientific advancements and research facilities, the biopharmaceutical market is largely concentrated in the United States and Western Europe with the United States representing the world’s largest biopharmaceutical market. However, the growth rates in these markets are expected to decline as both the government and private insurance providers are likely to apply cost containment measures. Consequently, biopharmaceutical giants are focussing on emerging markets such as China, Brazil, India, Russia, Turkey, South Korea and Mexico in order to expand their business. The huge population of these regions along with rising incomes, expanding health insurance coverage and increasing demand for top-shelf medical treatments is expected to drive the global biopharmaceutical market in these regions.

The report has further segmented this market on the basis of various biopharmaceutical classes. Recombinant proteins currently represent the biggest segment of the biopharmaceutical market accounting for the majority of the global sales. Recombinant proteins were followed by monoclonal antibodies and purified proteins. Monoclonal antibodies, on the other hand, are expected to be the fastest growing class. The report has further analysed the competitive landscape of this market. Some of the key players included in the report are – Roche, Amgen, Novo Nordisk, AbbVie, Sanofi, Johnson & Johnson, etc.

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Global Guar Gum Powder Market Driven By Wide-Ranging Industrial Applications

Although the global guar gum powder market witnessed fluctuating trends in recent years, IMARC Group expects the market to grow at a stable rate from 2016 onwards. Extensive uses of guar gum across numerous industries will be a major driving factor for this market.

 A recently published report by IMARC Group titled “Guar Gum Powder Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” provides an extensive and thorough analysis of the global guar gum powder market. Guar Gum powder is obtained from ground endosperm of guar plant which is commonly cultivated in India and Pakistan. Typically produced as a free-flowing, off-white powder, guar gum has excellent thickening capacity with a high solubility in water. Guar gum powder finds innumerable applications across a variety of industries such as food, textile, pharmaceuticals, personal care, health care, nutrition, cosmetics, paper, explosives, mining and oil drilling. It is mainly used as a natural thickener, emulsifier, stabiliser, bonding agent, hydrocolloid, gelling agent, flocculants and fracturing agent. According to the report, the demand of guar gum is highly influenced by the petroleum industry as one of the most significant applications of guar gum has been in petroleum production, mainly in hydraulic fracturing. The Shale gas exploration in the United States further led to a surge in the demand for guar gum. The report further finds that the global production of guar gum has experienced fluctuating demand and price trends in recent years with volumes reaching 0.8 Million Tons in 2015. Nonetheless, IMARC expect the market to grow at a stable rate from 2016 onwards with total production levels growing at a CAGR of 7.5% during the forecast period.

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The report has segmented the market on the basis of key applications and also provides a market share analysis of major regions. Currently, the oil drilling sector represents the biggest end-user of guar gum powder accounting for around 60% of the total global consumption. Oil drilling is followed by the food industry, paper and textile, pharmaceuticals and cosmetics. Region-wise, the United States is the leading market for guar gum powder accounting for around one-third of the global guar gum consumption. The United States is followed by Germany and India. The report has further analysed the competitive landscape of this market. Some of the key players covered in the report include Hindustan Gum & Chemicals Ltd., India Glycols Ltd., Vikas WSP Ltd., Pakistan Gum Industries Pvt. Ltd. and Rama Industries.

This report has provided a detailed technical insight on setting up and operating a guar gum powder manufacturing plant. It covers all the prerequisites of the global guar gum powder market and provides an in-depth analysis of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the guar gum industry in any manner.

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