Captive Power Generation - Market Insight and Forecast to 2018

Captive Power Generation

Captive power is basically electrical power generated by a offshore power plant operating independently fulfilling power requirements for private industries. These power plants consist of energy production units like wind, tidal/wave, Solar (photovoltaic), water (hydro) and biomass.

Captive Power Generation- As Subsea Power Grid System

The captive power generation is setting its feet deeper as power grid system globally. It's a type of private power generation system for industries having large power consumption and requirements. The large scale of offshore oil and gas extraction and production has also given an impetus to this industry.

Advantages of Captive Power Plants

• Industries do not have to depend on the power grid for their energy and power requirements.
• They provide extra and continuous power supply to industries.
• Environmental friendly due to use of co-generation with the use of renewable resources like water and wind.
• Economical and cost effective

Captive Generation Market In Subsea

The Captive Generation Market in Subsea is foreseeing a double digit growth in recent years. It is a one of the major segment of power grid system market. The depleting natural resources and larger energy requirements have led the industries go deeper in offshore for oil and gas in order to meet their electric power demands.

The region wise market share of power grid system in subsea 2012 is shown below :

Power Grid System In Subsea, Market Share, By Geography, 2012

Source : MarketsandMarkets Analysis

Market Trends and Forecast

The current trends for Captive Generation Market are influenced by factors such as :

• Day by day increasing Energy demand and huge investments  in offshore oilfield activities.
• High renting charges of the power grid and its advanced products.
• Deep water oilfield Activities
• Environmental sustainability and inclination towards the use of  renewable energy resources.

The major industries in the market include FMC Technologies Inc. (U.S.), General Electrics Co. (U.S.), Cameron International Corp (U.S.), Aker Solutions ASA (Norway), ABB Ltd (Switzerland), and Siemens AG (Germany) etc.

The power grid system market is estimated to grow to USD 2365.1 million by 2018 at a CAGR of Approximately 12% with captive generation market holding the major market share. Africa is the market followed by Latin America and Europe.

For more information, Visit the link below :

http://www.prweb.com/releases/power-grid-system/market/prweb11120831.htm

Biostimulants Industry- Types, Applications and Forecast to 2018

Biostimulants

Biostimulants are natural organic materials, which enhance plant growth and development when applied in small quantities. Biostimulant is not fertilizer or plant nutrient but is a blend of variety of compounds, substances, bacteria's, micro-organisms that improve soil fertility along with crop's health tolerance and quality.

Bio Stimulants have proved beneficial to foster several metabolic processes such as photosynthesis, respiration and ion intake in plants. Biostimulants are extensively been used in agriculture sector.

Source: http://www.igin.com

Classification of Biostimulants

The biostimulants are classified as follows :

• Acid Based Biostimulants

  1. Various blends of Humic acid and its byproducts
  2. Various blends of Fulvic acid and its byproducts
  3. Various blends of Amino acid and its byproducts  

• Extract based Biostimulants

  1. Sea weeds
  2. Sea kelp and manure extracts

Advantages of Biostimulants:

• Boosting soil quality and fertility, owing to factors like excessive amount of helpful micro-organisms present in biostimulants.
• Enhancing the plant's response to its metabolic activities fostering greater crop yield.
• Increasing plant tolerance and resistance against harmful microbes
• Providing better nutrient absorption and  increasing water intake.

Biostimulants Industry Overview : 

The market for biostimulants industry is growing owing to factors such as :

1. Environment sustainability
2. New technologies
3. Availability of products and hazardous effects of man-made fertilizers.
4. New Techniques of production.

The key payers in the market are  Arysta LifeScience (Japan), BioAtlantis Ltd. (Ireland), ILSA SPA (Italy), Agrinos AS (Norway) etc.

Market Forecast :

The market for biostimulants is estimated to grow to worth USD 2,241 million by 2018 at CAGR of 12.5%.

Europe is market leader and is likely to continue to lead in coming years too. Europe is followed by North America and Asia-Pacific.

For more information,Visit link below :

http://www.prweb.com/releases/biostimulants/market/prweb11670690.htm

Agricultural biostimulants include diverse formulations of compounds, substances and micro-organisms that are applied to plants or soils to improve crop vigour, yields, quality and tolerance of abiotic stresses.
Biostimulants foster plant growth and development throughout the crop life cycle from seed germination to plant maturity in a number of demonstrated ways, including but not limited to:
- See more at: http://www.biostimulants.eu/about/what-are-biostimulants-benefits/#sthash.WfeXqeyL.dpuf

Agricultural biostimulants include diverse formulations of compounds, substances and micro-organisms that are applied to plants or soils to improve crop vigour, yields, quality and tolerance of abiotic stresses.
Biostimulants foster plant growth and development throughout the crop life cycle from seed germination to plant maturity in a number of demonstrated ways, including but not limited to:
- See more at: http://www.biostimulants.eu/about/what-are-biostimulants-benefits/#sthash.WfeXqeyL.dpuf

Agricultural biostimulants include diverse formulations of compounds, substances and micro-organisms that are applied to plants or soils to improve crop vigour, yields, quality and tolerance of abiotic stresses.
Biostimulants foster plant growth and development throughout the crop life cycle from seed germination to plant maturity in a number of demonstrated ways, including but not limited to:
- See more at: http://www.biostimulants.eu/about/what-are-biostimulants-benefits/#sthash.WfeXqeyL.dpuf

Agricultural biostimulants include diverse formulations of compounds, substances and micro-organisms that are applied to plants or soils to improve crop vigour, yields, quality and tolerance of abiotic stresses.
Biostimulants foster plant growth and development throughout the crop life cycle from seed germination to plant maturity in a number of demonstrated ways, including but not limited to:
- See more at: http://www.biostimulants.eu/about/what-are-biostimulants-benefits/#sthash.WfeXqeyL.dpuf

Hydrocarbon as Refrigerant-Market Trends and Forecast to 2018

 

Hydrocarbon (HC)

Hydrocarbon is a basic organic chemical compound made up of only Carbon (C) and Hydrogen (H) atoms where carbon forms the backbone of the compound with hydrogen atoms linked to that backbone.

Some of  fundamental hydrocarbons are :

• Ethane
• Propane
• Butane
• Pentane
• Hexane

Hydrocarbon as Refrigerant

Hydrocarbon Refrigerants are natural organic, non-toxic chemical compounds that are environment friendly and possess the properties like less ozone depletion and minimal global warming potential. They consist a number of products and its blends mentioned below:

• Propane
• Iso-butane
• Propene/Propylene
• Ethane and Ethene

Advantages of Hydrocarbon Refrigerants

• Minimum global warming potential
• Zero ozone depletion potential
• High energy efficiency owing to outstanding thermodynamic characteristics
• Easily compatible with most of the components 
• Economical

Hydrocarbon Market Overview

The wide and trending applications of hydrocarbons as refrigerant has led to a term called "Hydrocarbon market" used instead for hydrocarbon refrigerants market. The hydrocarbon market is growing in double digits rate owing to its environmental sustainable characteristics over other refrigerants like hydro chlorofluorocarbons (HCFC)  and hydro fluorocarbons (HFC).

Hydrocarbon Market is further divided based on its refrigeration application areas as follows :

• Domestic : Electronic equipments, Automobiles, Air conditioners

• Commercial : Chill cabinets and Vending machines, Cold storage and Food processing

• Industrial : Large air conditioning and Chiller systems , Heat pumps and Water heaters.

Hydrocarbon Market Trends and Forecast to 2018

The current trend in the market is to use environment sustainable refrigerants such as hydrocarbons which has given impetus to the hydrocarbon market in addition to the factors like :

• Increasing refrigerant applications
• Increasing automobile production
• Persistence of global warming

Seeing the current trends, the major players in the market are DuPont (U.S.), Solvay SA (Belgium), Asahi Glass (Japan), Japan based Daikin and Asahi Glass, Dongyue Group (China), , and Honeywell International Ltd. (U.S.).

The Refrigerant market is estimated to grow to worth USD 15.7 billion by 2018 at a CAGR of  6.9 % from 2013 to 2018 with hydrocarbon market capturing major market revenue share. Asia Pacific is recognized as the current market leader in consumptions followed by North America and Europe and Asia Pacific is likely to hold this position in coming five years.

For more details on Refrigerant market, follow the link :

http://www.prweb.com/releases/refrigerant-market/07/prweb10914202.htm

Butyl Acrylate: A N-Butanol Byproduct-Market Forecast to 2018

 

Butyl Acrylate : A  N-Butanol by-product

Butyl Acrylate is a by-product of N-Butanol where N-Butanol is basically an alcohol derived from synthesis of  petrochemical feedstock propylene and Syngas. Butyl acrylate is a clear colorless liquid chemical which is miscible with most of the organic solvents. It has wide range of properties and applications based on the reaction conditions.

 Butyl Acrylate : C₇H₁₂O₂

Source : commons.wikimedia.org

Applications of Butyl Acrylate

It acts as a raw material in production of  following :

• Homopolymers and co-polymers such as acrylic acid and its salts. 
• Esters, vinyl acetate, acrylonitrile, methacrylates, vinylidene chloride, maleates, amides, vinyl chloride. 
• Unsaturated polyesters.

Butyl Acrylate Market

The Butyl Acrylate market is seeing a rapid growth in recent years. As Butyl Acrylate is produced from N-Butanol, the increased demand of this alcohol leads to rise in revenue of Butyl Acrylate market. the other reason being vast applications of Butyl Acrylate ranging from acrylic coatings, textiles, cosmetics, car care products, pharmaceuticals, lacquers. The N-Butanol market share is dominated by Butyl Acrylate.

The key players in the market are BASF SE (Germany), The DOW Chemical Company (U.S.), OXEA GmbH (Germany), Sasol Ltd (South Africa), Formosa Plastics Corp (Taiwan), KH Neochem Co Ltd (Japan), BASF-PETRONAS Chemicals Sdn. Bhd. (Malaysia), Eastman Chemical Company (U.S.), CNPC (China), INEOS Oxide Ltd (U.S.),  Mitsubishi Chemical Corporation (Japan).

Butyl Acrylate Market Forecast to 2018

The N-Butanol Market is estimated to grow to worth USD 9.4 Billion by 2018. Asia-Pacific is the market leader holding almost half of the market share followed by North America and Europe. The major market is focused on the Butyl Acrylate high application rate.The rest of the world is estimated the fastest growing market in coming years with CAGR of 9% from 2013 to 2018.

For more details, Follow the link below :

http://www.prweb.com/releases/n-butanol-market/09/prweb11078304.htm