Global Gadolinium Market: Demand Analysis and Growth Forecast

Gadolinium is a silvery-white rare earth metal represented by the symbol Gd. This element is found in its oxidized form and it is malleable and ductile in nature. Gadolinium has various applications across domains including medical equipment, electronics, imaging agents, and nuclear reactors. Gadolinium is used in very small amounts to form alloys of iron and chromium. Adding a small amount of gadolinium in alloys of iron and chromium optimizes the oxidation process and enhances the resistant properties of the resultant alloy.

Browse 62 Market Tables, 177 Figures spread through 144 slides and an in-depth TOC on “Gadolinium Market (2018 - 2023)”

Being a rare metal, gadolinium’s price has remained high over the years and is expected to witness even much-hiked price in the near future. The major demands of gadolinium come from the medical and the nuclear industry. A recent Industry ARC market research report projects profitable progression in the global gadolinium market during the forecast period from 2018 to 2023.

Gadolinium Market: Key Drivers and Disruptive Trends

The threat to national security is one of the major reasons which led to the popularity of nuclear powers among the nations. Gadolinium is used in huge amounts during nuclear reactions. These reactors are generating consistent demand for gadolinium and acting as a major growth driver. Technical advancements have found that gadolinium is effective for medical equipment, which in turn opens whole new revenue avenue in the gadolinium market. On the other hand, the high cost of the metal is restraining the market from flourishing at an even greater rate.

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Gadolinium Market: Leading Segments

On the basis of raw materials, the gadolinium market can be bifurcated into monazite and bastnasite.Application-wise, this market can be classified into permanent magnets, catalysts, glass polishing, phosphors, ceramics, metal alloy, and glass additives. On the basis of end-user industry, the gadolinium market can be segmented into nuclear reactors, electronics, research labs, and healthcare. Geographically, the Industry ARC report explores the demand potential of all important regions including North America, South America, and Asia Pacific. This market has an enormous scope as the emerging economies, with China and India creating a bed of opportunities.

Gadolinium Market: Competitive Landscape

The key players of this market are Alkane Resources Ltd., Baotou Hefa Rare Earth Co.Ltd, Canada Rare Earth Corporation, China Minmetals Rare Earth Co. Ltd., and Great Western Minerals Group Ltd. Among these, Canada Rare Earth Corporation has its operations at various physical locations including North America, Asia-Pacific, and the Middle East. On the other hand, Great Western Minerals Group Ltd from Canada is one of the biggest firms that is working on rare earth metals.

The rare earth metal gadolinium is one of the most expensive entities available. This metal portrays very unusual properties when it forms alloys with any other metal. The gadolinium metal has a number of applications in various industries such as medical, nuclear and electronic industry. This metal is heavily used in medical equipment such as magnetic resonance imaging MRI. The gadolinium metal plays a significant role of optimizing the image created from the scanner. The market of gadolinium metal is still not mature in the Asia Pacific region, which means herein lies a sea full of opportunities for the market players.

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Global Emulsifiers Market: Demand Analysis and Growth Forecast

The emulsifier is a molecule that is a combination of hydrophobic and hydrophilic part, which is used to promote stability between water and oil by reducing the interfacial tension. It acts as an aerating agent, a starch complexing agent, crystallization inhibitor, and it interacts with other food ingredients. These emulsifiers inhibit clump of residues, redeposit of residue on the surface, and allow the residue to precipitate. Attributing to recent developments in emulsifiers, an IndustryARC market research report projects profitable progression in the emulsifiers market during the forecast period of 2018-2023.

Browse 63 Market Tables, 177 Figures spread through 145 slides and an in-depth TOC on “ ”Emulsifiers Market (2018 - 2023)

Global Emulsifiers Market: Disruptive Trends

1. Growing utilization of natural emulsifiers in skin care products by developing them from a variety of chemistries

• Huge investments by the manufacturers to produce water-resistant creams and lotions is stroking the market growth
• Increasing usage of natural emulsifiers in food emulsions such as bakery and confectionery products will continue providing consistent demand
• Long shelf life, bio-compatibility, and chemical inertness of emulsifiers are some of the key benefits propelling the growth of the market

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Global Emulsifiers Market: Leading Segments

The emulsifiers market can be segmented based on type, chemical nature, and end-use industries. Based on the type, it can be segmented into natural, semi-synthetic, and synthetic. On the basis of chemical nature, it can be bifurcated into anionics, non-ionic, cationic, and amphoteric. Based on end-use industries, the market can be further classified into food, pharmaceuticals, personal care, and others. Increasing disposable income in developing countries such as India and China is expected to maintain APAC as a key region for the players operating in this market.

Global Emulsifiers Market: Competitive Landscape

BASF, Kerry Group, DowDuPont Inc. Royal DSM N.V. and Solvay are some of the manufacturers of the emulsifiers. BASF is a company which is operating with a wide range of products in chemicals, plastics, performance products, and crop protection products to oil and gas. BASF provides emulsifiers under a brand name Kolliphor. These are ionic and non-ionic emulsifiers used for a variety of emulsions.

The emulsifier is an emulsifying agent used as additives in food processing. It is majorly used in food applications, and in manufacturing personal care products, which is contributing to the growth of the market for the same. 

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Acephate Market: Demand Analysis and Growth Forecast

Protection of food from insects is one of the major concerns rising in the agriculture industry. The crops cultivated worldwide is getting affected by different species of insects. This is a matter of concern because it raises the questions on food quality and loss of yield. To counter this, acephate can be used as a spray, granules, and liquid spread as well as it can also be mixed with the soil.

Browse 92 Market Tables, 177 Figures spread through 141 slides and an in-depth TOC on “Acephate Market (2018 - 2023)”

Acephate is basically an insecticide known as organophosphate foliar scientifically. This insecticide is primarily used to control multiple types of insects that tend to destroy the crops or the plants. It gives protection to crop fields, citrus trees, and green fields from insects like leaf miners, sawflies, caterpillars, and thrips. IndustryARC market research report projects profitable progression in the global acephate market during the forecast period of 2018 to 2023.

Acephate Market: Key Drivers and Disruptive Trends

The growth of the agricultural industry is one major key driver of this market. Moreover, the pressure of catering the global food demands and protecting the crops from pests is something that drives this market. However, this chemical is known to for the emission of toxic fumes such as phosphorus, sulfur, and nitrogen oxides during the production of acephate. This factor has come under stringent regulations from several governments and hence is acting as a restraint over the market.

Acephate Market: Leading Segments

The market is segregated into the following geographies: North America, South America, Asia-Pacific, Europe, and the Middle East and Africa. The Asia-Pacific region has the highest demands of acephate while Germany and the U.S. are the largest producers of this insecticide. Following the trends, the demand from the European Union is expected to rise in the near future. On the basis of application, this market can be categorized into agriculture, forestry, horticulture, and others.

Acephate Market: Competitive Landscape

Some of the major players in this market are Bayer Crop Science AG, Drexel Chemical Company, Gujarat Pesticides Private Limited, Kenvos Biotech Company Limited, and DuPont. The German company Bayer Crop is striving hard to fulfill the requirements of the crop for the future generation through their innovations. The Indian giant Gujarat Pesticide Private Limited has a numerous number of products segmented under insecticides, fungicides, and herbicides, which helps in this agriculture-dependent heavily populated country.

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The acephate market is anticipated to see a rise due to the global food demands and the utter need to save food from insects. This chemical is also used to protect green fields such as golf course, fields, and so on. Even though this chemical has some hazards related to health, the market is anticipated to continue flourishing in near future.

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Shape memory alloys are unique materials that are made up of two or more metals. They have two stable solid phases in they can exist-called Austenite and Martensite. The former is the high temperature phase and the latter the low temperature phase. On the application of heat, above a certain temperature, mechanical stress or both, or even magnetic field for Magnetic Shape memory alloys (MSMA), these materials shift from one phase to the other and for the inverse conditions it also happens vice-versa. This property of SMA materials along with its super-elasticity makes it especially useful in application for actuators, in various industries such as: automotive, aerospace, chemical and petrochemicals and many more. SMAs also fine interesting application in Bio-medical applications for the health care industry such as minimally invasive surgeries and other applications. It has garnered a lot of support due to its cost effectiveness, light weight and temperature sensitivity due to which it simplifies machinery.

Companies and Governments across the world have figured out that ‘SMART’ materials are going to be the next step in innovative technologies. Existing technologies will greatly benefit from ‘SMART’ materials adoption. Considering the constraints of weight, cost and durability Shape Memory Alloys are one of the ‘SMART’ Materials that has been an interest of the American Government as well as the Indian government. Due to it still being a developing material, the market has not been fully penetrated and continues only few players. The major regions utilizing this technology and producing it belong to the EU, US and Asia.

One of the bigger names globally that is into R&D activities related to SMA is the NASA Glenn Research Centre’s shape memory alloy actuator team. The challenges they are trying to address are with respect to the degradation of the functionality of SMAs with increasing time and number of cycles completed and increasing the operational temperature of SMA’s and controlling the rate of heat transfer to and from the SMA. They have been successful in creating new alloys with operation temperatures up to 500°C, they have also used a torque based application of a very thin road of SMA to twist driving up the wing flap of aeroplanes. They are continuing to work on the problem of durability and fatigue of the SMA, also creating a database for SMAs and their properties. The application of SMA in aeroplanes and other machinery will also reduce the number of different parts required, thus reducing the weight, cost, and breakdowns of the machinery.

CSIR-National Aerospace Laboratories in Bangalore India, has also been undertaking R&D activities with relation to SMA and its application in Engineering and Bio-medical sectors. In 2017 their technology was transferred to a Defense public sector undertaking, named Mishra Dhatu Nigam (MIDHANI) Limited for commercial production and marketing. They have also collaborated with some of the top medical institutions and universities within India for the design and development of Shape Memory Alloy based Stents for bio-medical applications in the Healthcare industry.

There have also been grants given by SBIR and the Office of basic Energy and Science, Department of Energy in the US for the research of the application of SMA in low grade thermal energy harvesting. SBIR has also funded the research of the application of SMA in Heat Engines. There has also been a joint research program between the Kennedy Space Center and Glenn Research Center to develop and evaluate the application of a 2-way SMA in low temperature adaptive autonomous systems, the project started in 2014 and ended in 2015. Contributing partners to this research were the University of Florida and Central Florida.

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Solvents that don’t have the ability to donate hydrogen atom are known as aprotic solvents. At high temperature, these can be used with strong acids. Aprotic solvents are used in a variety of applications by different end user such as paint & coatings, oil & gas and others. The increasing demand for environmental solution is boosting the Aprotic Solvents Market. This market is fragmented by types, application, source, end user and geography.The aprotic solvents market is estimated to reach $20.15 Billion by 2023, according to a new report by IndustryARC. Growing pharmaceuticals industry is expected to drive the market in the coming years.

BASF headquartered inLudwigshafen, Germany has a distinctive Verbund system. The Verbund system introduced by the company eliminates the waste resources and minimizes transport distances. Through this Verbund concept, the company recognizes annual savings more than €1 billion on a global scale. The main reasons behind the success for this segment are the technological and operational excellence, the reduction of complexity, availability of raw materials, scale effects, reliable and low cost logistics. The chemicals segment of BASF Company includes Petrochemicals, Intermediates and Monomers businesses.

Eastman Chemical Company headquartered in Tennessee, United States is a global specialty chemical company that produces a wide range of advanced materials, specialty chemicals, additives and functional products and fibers which are found in daily products used by consumers. The company provides innovations and solutions for a variety of coating applications. It is one of the leading providers of high quality raw materials for coating and paint worldwide. The chemical intermediate revenue for the company was 29.7% in 2017. The company offers a variety of products. One of their products is TamiSolve NxG. It is a high boiling dipolar aprotic solvent, having a high thermal stability. It is used for the purpose of replacing NMP or NEP and other solvents.

Shell Chemicals in United States is one of the prominent player in supplying chemicals. The company supplies around 17 million tonnes of petrochemicals to the large industrial customers per year. The company offers a wide range of product portfolios such as acetone, aromatics, ethylene oxide, ethylene glycols and others. Shell Chemicals provides raw materials for countless products that are used at work, homes and cars. The company uses advanced technologies inorder to uncover the growing hard to find energy resources.

Mitsubishi Chemical headquartered in Tokyo, Japan is one of the prominent players in the Aprotic Market. The company creates innovative solution globally keeping in mind the well-being of people, their comfort and health. The company offers variety of products such as industrial chemicals, basic petrochemical, solvents, MMA monomer and derivatives. They features very high and pure acetones.

The Aprotic Market is growing its demand because of the increasing consumption of aprotic solvents by different end user industries such as oil & gas, pharmaceutical and others. The growing demand for non-toxic substitutes to aprotic solvents and also the increasing concern of environment may obstruct the growth of Aprotic Solvents Market in the coming generation.

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