Exploration of Digital Evolution in the Chemical Industry

Digital and cloud are two of today’s big buzzwords. However further than those words is real technology, which is accessible and tangible today to propel businesses and the industry entirely. You have the chance to advance operations and behaviors to make the unconventional changes.

These changes are predictable to a business future profitability and operations. Traditional business models are being challenged. New technology is entering the game; however it can be challenge to amalgamate into present operations. Reimagining business models, methods, and how people work will make a big change in how competitive a business can be in the future.

How to get to the location?

The confronts and the opportunities for a new business models, services, and products can make issues. Modernization is speeding up; the issue is that there is no existing roadmap to get from one maturity stage or level to the next.

An improved analogy would be the historic explorers who used a star navigation or a compass to figure out where they were headed.  In today’s move towards digital modernization, you have a direction, even when you are walking into entirely new territory. Businesses require abandoning limited, traditional thinking during that journey. Saying no to go on the journey of digitalization and modernization will just leave you disrupted.

Reconsidering the Industry:

In the past, the industry has been based around demand for specific chemicals. Now you are seeing a shift from products sold in high-volume, well-margined markets. Digital evolution is streamlining the industry. Its changing commodity chemicals markets plus specialty chemicals are now being customized to their end application.

A third tier is expanding beyond commodity and specialty markets, centering on the adaptable molecule. Molecular structures can be mapped, alike to a genome, and permit the industry to develop chemicals tailored for very particular purposes and customers.

Along with these new options, chemical companies are losing ground and should be reimagined to remain competitive. New competitors are mechanizing up all over the world. The commodity companies should get use to or lose out. However whether they move upwards or downwards in the value chain, a new business model is significant to success.

Example:

A chlorine company looked at its major customers. Rather than remaining in the commodity chemical business, it changed to producing sensor-based automatic supplying machines.  This made it much easier for consumers to keep their water chlorinated without testing and extra work. Rather than having to price based upon chlorine, the company could price based upon value (pool cleanliness), as per  market research reports.

Nut shell:

In-memory cloud and engines computing add extraordinary levels of granularity and speed to data analytics and processing, assisting you to gain real-time insight into things like as asset performance across your or your customer’s network to help to make service oriented and innovative business decisions.

Frac Sand Market: What to expect for future?

frac-sand-marketIn the recent decade, the frac/ silica sand market have experienced tremendous growth and is also expected to grow at 10.29% CAGR in 2016 to 2020.The North American shale oil and gas production has grown since 2010 and it is further bringing many opportunities that were absent in the silica sand industry.

The Frac Sand Market in North America two years ago, was twenty times larger than it was a decade earlier, as per a Chemicals market report.

Recent crash in the market

However, at the end of 2014, consumption began to decrease as the oil and gas prices began to decline all over the world. Therefore now, instead of planning to explore new business expansions, the suppliers have inactivated the production and mining operations. The stock price of the American largest Frac sand manufacturer plummeted from USD 16.98 at the time of its Initial Public Offering in 2014 to a low amount of USD 1.23 in January of 2016.

Reason for optimism

Although, the figures are plummeting, there are many reasons to be optimistic. –

Primarily, the drillers are using more frac sand per well, due to which the volume of demand continues to grow. Packing surplus sand into the existing and new wells allows the shale gas manufacturers to extract the additional resources at the minimal extra expenditure. This strategy is more likely to be used in the future as well.

Secondly, due to its higher crush strength and comparatively low dust discharge, the resin coated sand is gaining traction in the market share. The resin sand is also sold at a higher price, which will in turn help the sand producers’ profit margins and contradict the lower amount of sales.

Finally, the OSHA silica exposure rule will take effect in the coming year. Therefore, this could be an opportunity for manufacturers from different industry verticals to try resin coated sand as a low dust alternative to the uncoated sated.

As per Market Research Reports, even though the boom period is over, the ‘bust’ time is also through in the frac sand industry. The market is estimated to improve in the long term basis as the drilling picks up.

As per the Chemicals Market Report, the suppliers that have classified their consumer base into steadier market, for e.g. producing products, chemicals and flat glass will be at an advantage of recovery based on their financial position. Moreover, there are various opportunities for frac sand manufacturers outside of North America. One such opportunity lays in Argentina, which is at the cusp of their Shale boom. This could provide an additional outlet for suppliers.

Ametryn Global Sales to Lead in 2015-2020

 

One of the most commonly used herbicides to kill weeds is ametryn. Some herbicides are meant to get rid of only specific targets, leaving the crops and desired plants comparatively unharmed. These interfere in growth of weed, and are generally artificially manufactured to mimic natural plant hormones. According to Ametryn export analysis, the U.S. accounts for around 70% of total agricultural pesticide utilization. It is a specialized means to protect needed plans on landscape and agriculture industry.

The report on this herbicide will allow optimizing procurement decisions. Those who wish to know more about the research are assured that it will help to form better business decisions at cost effective price, and leverage comprehensive services with insight on regional support and coverage. They can identify economical use of the raw materials as well.

Global Status of Ametryn Market

People use it to clear industrial sites, waste lands, railway embankments, plant material etc. The herbicide mentioned is also utilized in pasture systems, wildlife habitat, forestry, and management of regions. Global sales of Ametryn are supposed to lead by 3.7% during 2015-2020 in South and North America, along with Asian and European regions, as per market research. Formulation of this herbicide is causing a growth in demand.

Vogue over Chinese Agricultural Use

Major suppliers are from Japan, Germany, and United States, wherein China supplied greater than 85% of global ametryn. This country has advantage over western industrial countries because of relative lower cost to construction and production of this herbicide. Even the licensing procedures are shorter to that in Europe. The largest producer of these chemicals in world is China in terms of output and capacity. The report on the analysis of exports and imports of ametryn will determine the industry and company investment/profitability purpose.

Important Companies Involved

Some of the companies related to this herbicide are CDMS, Inc, Dow AgroSciences (USA), Bayer CropScience, Makhteshim Agan (Israel), Gowan Company, Syngenta, Summit Chemical, Greenspire Global, Inc., Monsanto, Sushil Corporation, Red River Specialties Inc, DuPont, Nufarm (Australia), MultiMol Micro FertilizersIndustries, Sumitomo Chemical (Japan), Aceto Agricultural Chemicals Corporation, and Arysta Lifescience (Japan).

Global Cosmetics and Toiletries Market on Bandwagon Target

 


Beauty, fashion and healthcare are becoming interrelated. All these industries try to incorporate features from the other two industries to make them appear full-fledged to the audience. For e.g. a deodorants these days are not only known for fragrance, but specialized to stop skin irritation and amidst trending fragrance on the market shelves. The
Cosmetics and Toiletries market has seen technological advancements with focus on health and hygiene.

How Did Recognition of Cosmetics and Toiletries Increase?

There is boosted demand or natural and organic products over chemical ones. Customers are also more aware about their bodies and selective regarding the beauty products that they choose. According to chemicals market research reports, the global sphere for this industry is growing in Asian economies like China and India, with major distribution channels being online retailers, departmental stores, tele-home shopping, infomercials etc.

These channels have helped consumers have better access to products. Manufacturers are able to analyze consumer preference better with online feedback tools, and mobile applications. As per market research reports, Brazil and U.S. have reported of huge per capita income rise in industry of toiletries and cosmetics. The products are segmented by gender and skin care.

Domestic and international players are investing heavily in development and research of new products through promotional campaigns to capture niche market spaces. When inflation hit countries, the Cosmetics and Toiletries Market saw a downfall as consumers had lesser disposable income to spend on high end products. Product prices and consumers distrust are two of the pitfalls and challenges to this market.

Market Segments, Key Players and Products

However, the beauty product industry has good growth prospects. People started obtaining these products, soon when the global economy recovered and they had access to required services and credits. As manufacturers are projecting their offerings as health oriented, the aspect is attracting more and more customers. Nowadays, market research reports reveal that cosmetics are free of hazardous ingredients.

Thus, people prefer natural products capable of withstanding environmental hazards instead of synthetic ones. The Europe and U.S have the largest share in skin and sun care products with demand heightening in North America and rest of the world. Long-lasting products are valued higher. Design of these items also plays an important role in enticing consumers, as accounted in chemicals market research reports.

Popularity is seen for beauty items in make-up, hair care, oral care, skin care, baby care, fragrances, bath and shower, color cosmetics, deodorants, sun care, women’s grooming, men’s fashion and a lot more. The Cosmetics and Toiletries market is growing in Latin America, North America, Asia, Europe, Africa and Middle East. The major players among the few are Avon, Colgate-Palmolive, Johnson & Johnson, L’Oreal, Procter & Gamble, Estee Lauder, Unilever, Kao, Beiersdorf, Shiseido and others.

High Temperature Plastics to capture target segment in the market.

High temperature plastic is a plastic that meet higher standards than normal in terms of chemical compound, mechanical properties, and temperature. They are very expensive and used for industrial purpose. Need to develop new plastic which will contain high mechanical attributes and thermal stability has always been felt by researchers since long.

High temperature plastic is currently being used in the aerospace and nuclear technology. According to the Chemical Market Research Report from the last few years, the High temperature plastics market experienced noticeable changes. This industry is gradually strengthening, controlling inflation and striving hard for technology advancement which is definitely praiseworthy. These efforts have significantly impacted the established market for high temperature plastics, it will not be wrong to state that it is one of the fastest booming segments in the plastics industry.

Because of technological advancement, to manufacture a plastic which can endure High Temperature and deliver high performance in some extreme machines such as F1 Cars; has become possible. Information provided by Chemical Market Research Report, High temperature plastics are also being viewed as a valid replacement for metals in certain major areas like motor and gear, plastic bumpers and body panels, oil screens, pistons, ignition modules etc. in automobile sector similarly connectors, wire and cable and structural components in aerospace sector. It can be recycled, has an ability to develop resistance from damage. This plastic can be remolded many times. This segment of plastic has bright future in the years to come. It will prove to be good reinforcement for fiber therefore will receive great acceptance.