Nigeria Lubricants Market Outlook to 2022: Ken Research

The report titled “Nigeria Lubricants Market Outlook to 2022- By Type of Lubricant (Engine Oil, Industrial Oil, Transmission Oil, Marine Oil, Grease and Specialty Lubricants), Type of Applications (Automotive and Industrial), Region (Lagos, Northern Nigeria, Eastern Nigeria and Western Nigeria)” provides a comprehensive analysis on the automotive and industrial lubricants industry of Nigeria. The report covers various aspects including introduction on Nigeria Lubricants market, value chain, stakeholders in the market, market size by revenue and volume of domestic consumption (2012-2017), overall lubricants market segmentation on the basis of origin, region, types of lubricants, type of application, automotive lubricants market segmentation on the basis of type of oil, type of end users, type of channel of distribution, industrial lubricants market segmentation on the basis of type of oil, type of end users, type of channel of distribution, competition scenario in the industry, shares and company profiles of major players in the market, regulatory framework, trends, developments, drivers and restraints in the lubricants market and SWOT analysis of the industry. The report also includes future outlook for the market (2017-2022) including estimated market size in terms of revenue and in terms of domestic consumption volume.

Nigeria Lubricant Market Overview

Market Size:

The lubricants market in Nigeria has grown over the years from 2012 to 2017 with the growth in the number of second hand and new passenger and commercial vehicles in the country. Penetration of Used cars and requirement of more frequent lubricant changes in older vehicles as compared to newer models contributed to the volume demand of automotive lubricants in Nigeria. The slowdown in economic growth due to economic recession in 2016 in Nigeria as a result of a drop in oil prices globally, and the state of the foreign exchange market had a serious adverse impact on various Lubricants manufacturing companies’ ability to do business and imposed severe costs on key sectors of the country which further cascaded into all areas of the economy. Even though the total vehicle traffic from all ports decreased substantially from 2014 to 2015, it has been increasing since then. This has added to the demand for marine lubricants in the country. There has also been a gradual change in consumer preferences towards synthetic lubricants in Nigeria with the increase in customer awareness.

Market Segmentation:

In 2017, mineral lubricants continued to be the most consumed lubricants in Nigeria followed by synthetic and semi-synthetic lubricants. This was because mineral lubricants are available at a much cheaper price as compared to semi-synthetic and synthetic lubricants which requires additional refining or are prepared in laboratories. In 2017, engine oils had maximum share in lubricants market in Nigeria. These lubricants are largely needed by commercial vehicles and light trucks which need to generate enough power as they are largely used in transport and logistics. This was followed by other lubricants such as Industrial oils, transmission oils, marine oils, grease and specialty lubricants in terms of domestic consumption.

Automotive lubricants, whose market was mainly driven by the demand for engine oils, dominated the market in Nigeria in terms of domestic consumption. The hike in demand for automotive lubricants stems from a rising prominence of the middle class in Nigeria, which has boosted vehicle sales. Also, the Lagos region had the major market share in the Nigeria lubricants market in terms of consumption volume in 2017. Lagos being the most populous city in Nigeria and one of the fastest growing cities in the world had about 12 of the 35 blending plants in the country. This was followed by Northern Nigeria, Eastern Nigeria and Western Nigeria.

Competitive Landscape

The demand of lubricants of domestic market is met by both the global players as well as independent marketers in Nigeria. The global players operating in Nigeria had a major share in the market share in terms of sales volume as compared to the independent marketers. Total Nigeria Plc is the market leader with the highest market share in terms of sales volume in the Nigeria Lubricants Market followed by Ammasco International Limited, 11 Plc, Oando Plc, Tonimas Nigeria Ltd, Forte Oil Plc, Conoil Plc, Lubcon, MRS Oil Nigeria Plc, A-Z Petroleum Products Ltd, Dozzy Oil and Gas, Eterna Plc, Techno Oil Ltd and Ascon Oil Company Ltd. Lubcon was awarded the country’s Lubricant Manufacturing Company of the year at the Guardian Manufacturing Excellence Awards 2017.

Future Outlook

The future outlook of the lubricants industry is positive because as the crude oil prices increase, Nigeria’s economy is expected to grow at a faster rate and hence the purchasing power of people is also expected to increase in the coming years. This would also push Nigeria’s demand for synthetic lubricants, particularly for modern cars. The market is expected to gravitate towards higher-quality, specialized and synthetic lubricants with an increase in end user awareness on the importance of lubricant drains. This can primarily be attributed to pending government legislation regarding emissions, improved engine technology and equipment manufacturers' requirements for fuel efficiency. The grease market, which was earlier dominated by sodium-based products, is gradually evolving to lithium based grease in Nigeria. The market shares of automotive lubricants and industrial lubricants are expected to remain fairly stagnant and the market size for both in expected to increase in terms of consumption volume proportionally. The lubricants market will be driven by the various steps being taken by the government such as initiatives to increase the ease of doing business which will boost manufacturing sector activities, the Nigeria Economic Recovery and Growth Plan (ERGP) to emphasize investment in infrastructure, especially in power, roads, rail, ports and broadband networks and proposed Family Homes Fund is designed to stimulate the construction sector.

Key Segments Covered

By Origin:- Mineral Lubricants, Semi-Synthetic Lubricants, Synthetic Lubricants

By Type of Lubricant:- Engine Oil, Industrial Oil, Transmission Oil, Marine Oil, Grease, Specialty Lubricants

By Application:- Automotive Lubricants, Industrial Lubricants

By Region:- Lagos ,Northern Nigeria, Eastern Nigeria, Western Nigeria

Automotive Lubricants Market

By Type of Oil:- Passenger Car Motor Oil, Heavy Duty Diesel Engine Oil, Hydraulic Oil, Gear Oil and Transmission Fluid, Grease

By End Users:- Passenger Vehicle Lubricants, Commercial Vehicle Lubricants, Marine and Aviation Lubricants

By Channel of Distribution:- Dealer Network, OEM Workshops and Service Stations

Industrial Lubricants Market

By Type of Oil:- Hydraulic Oils, Industrial Gear Oils, Transformer Oils, Turbine Oils and Compressor Oils, Grease

By End Users:- Manufacturing, Construction, Power Generation

By Channel of Distribution:- Direct Sales, Dealer Network

Key Target Audience:- Lubricant Manufacturers, Automotive OEMs, Base Oil Manufacturers, Industrial Products Manufacturers, Lubricants Importers, Lubricant Distributors, PE and VC Fund

Time Period Captured in the Report:

2012-2017 – Historical Period

2018-2022 – Future Forecast

Lubricant Manufacturers Covered: Total Nigeria Plc, Ammasco International Limited, 11 Plc, Oando Plc, Tonimas Nigeria Ltd, Forte Oil Plc, Conoil Plc, Lubcon, MRS Oil Nigeria Plc, A-Z Petroleum Products Ltd, Dozzy Oil and Gas, Eterna Plc, Techno Oil Ltd and Ascon Oil Company Ltd

Key Topics Covered in the Report:-

Introduction on Nigeria Lubricants market

Value Chain

Stakeholders in The Market

Market Size by Revenue and Volume of Domestic Consumption (2012-2017)

Overall Lubricants Market Segmentation on the Basis of Origin, Region, Types of Lubricants And Type of Application

Automotive Lubricants Market Segmentation on the Basis of Type of Oil, Type of End Users, Type of Channel of Distribution

Industrial Lubricants Market Segmentation on the Basis of Type of Oil, Type of End Users, Type of Channel of Distribution

Competition Scenario in the Industry

Shares and Company Profiles of Major Players In The Market

Regulatory Framework

Trends, Developments, Drivers and Restraints in the Lubricants Market

SWOT Analysis

Future Outlook For The Market (2017-2022) Including Estimated Market Size in Terms of Revenue and in Terms of Volume of Domestic Consumption

For more information about the publication, refer to below link:-

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/nigeria-lubricants-market/165955-100.html

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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Global Dyes Market Industry Research Report: Ken Research

Research Methodology-Market Definitions:-

Global Dyes Market - It has been defined as the revenues generated by companies manufacturing dyes such as reactive dyes, disperse dyes, vat dyes, direct dyes and others globally. It includes revenues generated by organised and unorganised market players. Additionally, the market includes product sales through various distribution channels including B2B and distributor sales. It includes regions such as Americas, Europe, Asia Pacific and ROW. Prices have been calculated at manufacturer level.

China/ India/ US/ Brazil/ UK/ Germany Dye Market- It has been defined as the revenues generated by companies manufacturing dye intermediaries and dyes such as reactive dyes, disperse dyes, vat dyes, direct dyes and others in China/ India/ US/ Brazil/ UK/ Germany. Domestic Sales and Export sales have been considered while calculating the revenues of the market. It also includes revenues generated by organised and unorganised market players. Additionally, the market includes product sales through various distribution channels including B2B and distributor sales.

Organized Sector/Market - The organised sector refers to those enterprises who are either listed in stock exchange or have global presence (subsidiaries outside their home country or are majorly export based). These enterprises are more export oriented and have higher production capacity, better technology and a wide product portfolio.

Unorganized Sector/Market -The unorganised sector refers to those enterprises who are focusing their sales operations inside domestic boundaries and cater to end user segments located in their home country.

Raw Material: Petrochemical derivatives such as benzene and naphthalene are key raw materials for this industry. In addition, many reagents and inorganic chemicals are also used, including Sulphuric Acid, Oleum, Nitric Acid, Chlorine, Bromine, Caustic Soda, Caustic Potash, etc. Heavy metals (Copper, Chromium, Mercury, Nickel and Zinc) are used as catalysts in the synthesis of dyes and dye intermediates.

Europe Region: Countries include Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK, Faroe Islands, FYROM, Iceland, Liechtenstein, Romania, Russia, Switzerland, Slovakia, Slovenia, and Ukraine.

Americas: Countries include USA Canada, and Mexico, Brazil, Chile, Uruguay, Argentina, Costa Rica, Panama, Peru, Honduras, Dominican Republic, Aruba, Bonaire, Curacao, Cuba, Dominica, Guadulope, Jamaica, Matinica, Granada, St Kitts and Nevis.

Asia Pacific Region: Countries include China, India Japan, South Korea, Taiwan, Pakistan, Thailand, Philippines, Bangladesh, Mongolia, Sri Lanka, Vietnam, Australia, New Zealand, Pacific Islands.

Middle East and Africa: These include South Africa, Egypt, Morocco, Ethiopia, Tunisia, Jordan, Algeria, Cape Verde, Iran, Israel, Kenya, Libya and Nigeria.

Consolidated Research Approach:-

Interpretation is extended beyond data of the study to include the results of other theories, research and hypothesis. Facts and opinions received are clearly distinguished. Extraneous information and Consultation with Industry Experts is done on a regular basis for sound interpretation. Future Forecast on the basis of Qualitative Factors such as future plans laid down by government, company future strategy, and dyes manufacturers production capacity expansion. Multi Factor Regression Model Analysis to assess variations in independent variables to determine the future projections. Poll Opinions from Key Opinion Leaders.

Data triangulation via modeling from supply side. The same is checked for major countries such as India, China, The US, Germany and others. Data has been collected and verified through cross-sanity checking the opinion and facts received from interview with the hypotheses framed from public databases. The team has verified the data by conducting both bottom-to-top (production capacity, utilization, production volume analysis) and top-to-bottom analysis.

Decoding Data Definition: Clearly defined market size in terms of revenue streams considered by product categories/ service mix, regions included, price at manufacturers/ intermediate/ retail level, customer spending or players industry revenue.

Client Specific LOS: Clearly stipulated and streamlined learning objective from each section to the client to understand all the entities covered in the ecosystem.

Precisely framed hypothesis on the market size, segments, competition, future data point through data collation from  magazines, journals, broker reports, investor presentations and annual reports of major companies, reports of associations, CEFIC Association Annual Report, Ecological and Toxicological Association of Dyes Manufacturers, Ministry of Commerce, Department of Statistics  and others.

Hypothesis testing through trade desk interviews via Computer assisted telephonic interviews with several management executives, and other higher level authorities (including business development manager, sales and marketing head, key account managers) from Lanxess, Atul Ltd., BASF, Jay Chemicals, Clariant and other companies.

Market Sizing and Limitations:-

Market Sizing: Initially, we have compiled a list of prominent companies in dye industry and have approached the management of these companies including business development manager, sales and marketing head, procurement managers and others to understand the revenues, capacity, their growth, concentration by geography and industry verticals.

Our team then collated the data shared by these companies on primary research and those available on secondary sources such as annual reports and press releases. The team then extrapolated the available information to estimate the missing data points. The information was re-checked with the data available in secondary sources and proprietary databases.

We have conducted multiple CATIs with industry experts and management of leading dye manufacturers to understand their revenues, product portfolio, market segmentation and other market parameters. This helped us in estimating revenue generated in dyes industry in India.

Limitations: Since the competition between the manufacturers operating in this space is high, there might be a case that the management of the dye manufacturers might be bullish with the numbers and may over-estimate their numbers and under-estimate their competitor data points. To avoid this limitation, our team has validated the numbers provided by one manufacturer from another and this exercise has been done on vice versa as well. We have accordingly applied a discounting factor to normalize the over-estimated data point received from the respondents.

As there are large number of manufacturers in the unorganised market, we were not able to collate data extensively on the sector and several assumptions for this market segment is based on the inputs of the interviews conducted with leading organized players working in the industry.

We have considered strata sample to understand the pricing structure for different kinds of dye products across the globe. However, it can happen that some of the manufacturers might be charging higher or lower than the average price considered by us due to difference in technology, production cost, quality or end user served.

Future Growth model has been built on the basis of future developments and opinions received from key industry veterans of the market followed by SPSS and subjective analysis with margin of error of not more than 5-10%.

Dye Product Understanding:-

Azo Dyes: These are organic compounds bearing the functional group R−N=N−R′, in which R and R′ are usually aryl. They are a commercially important family of azo compounds, i.e. compounds containing the linkage C-N=N-C. Azo dyes are widely used to treat textiles, leather articles and some foods. They are insoluble and typically toxic. These dyes are used in printing inks.

Acid Direct Dyes: Dyeing with acid direct dyes is normally carried out in a neutral or slightly alkaline dye bath, at or near boiling point, with the addition of either sodium chloride (NaCl) or sodium sulphate (Na₂SO₄) or sodium carbonate (Na₂CO₃). Direct dyes are used on cotton, paper, leather, wool, silk and nylon.

Disperse Dyes: These are water-soluble dyes. The dye bath may require high temperature. These are typically used to dye synthetic fibres like polyester.

Ingrain Dyes: Ingrain dyes are those which are synthesized directly on the fabric. Ingrain dyeing is particularly suitable for cotton fabric.

Solvent Dyes: These are dyes soluble in organic solvents. Solvent dyes are used to colour organic solvents, hydrocarbon fuels, waxes, lubricants, plastics and other hydrocarbon-based nonpolar materials.

Reactive Dyes: These dyes utilize a chromophore capable of reacting directly with the substrate. They are among the most permanent of dyes. Reactive dyes are used in dyeing cotton and other cellulose fibers.

Sulphur Dyes: These are two-part dyes used on cottons to impart dark colors. The initial bath imparts a yellow color. This is then treated with a sulphur compound to produce a dark black color.

Vat Dyes: These are insoluble in water but soluble in alkaline liquor. These dyes are used for dyeing cotton, cellulosic and blended fibre.

Cold Dyes: These types of dyes contain reactive group of high reactivity. So dyeing can be done in lower temperature i.e. 320°C - 600°C. These are highly colored organic substances, primarily used for tinting textiles that attach themselves to their substrates by a chemical reaction that forms a covalent bond between the molecule of dye and that of the fibre. The dyestuff thus becomes a part of the fibre and is much less likely to be removed by washing than are dyestuffs that adhere by adsorption.

Medium Brand Dyes: This type of dyes contains reactive groups of moderate reactivity. So dyeing is done in higher temperature than that of cold brand dyes i.e. in between 600°C - 710°C temperatures.

Hot Brand Dyes: This type of dye contains reactive groups of least reactivity. So high temperature (720°C - 930°C) is required for dyeing.

Reactive P Dyes: Reactive Dyes that is basically used in various printing procedures. Printing colors like black, blue, red, orange and yellow, as per the requirements of the clients. ""P"" series dyes are suitable for printing fabrics.

Anthraquinone Dyes: It is a polycyclic aromatic hydrocarbon derived from Anthracene or Phthalic Anhydride. Anthraquinone dyes are used in the textile and pulp industries. Anthraquinone dyes are lightfast and wash fast.

Variables (Dependent and Independent):-

Forecast Modelling: The report applies correlation and regression analysis methods to forecast the future of dyes market in India. The capabilities of SPSS and predictive analytics software have been leveraged to determine the relevant indicators used for forecasting the growth in this industry.

In the present case, India dyes market revenue has been taken as the dependent variable and other variables such as volume derived from textile industry, plastic packaging and printing inks have been taken as independent variables.

Multi Factor Regression Analysis for Future Forecasting:-

SPSS For Linear Regression: Our team conducted a multi-factor regression analysis on the lag variables i.e. on the historical dyes market revenues for last 6 years by identifying the independent and quantifiable variables directly impacting the market.

Noise Filtering: The forecasting will be done by using SPSS statistical tools. The variables have been checked for multi-collinearity (via Karl Pearson correlation coefficient model) and other bias that could be there in the model.

Sanity Check for Non Linear Relationship: Our team have conducted graphical and other analysis with each of the independent variables considered to check if any non linear relationship exists between the variables.

Global Chemicals Exports Market Overview – Chemical Exports by Major Countries, 2017

Key Takeaways: The chemicals industry exports from China out performed other countries majorly due to high sales generated through the country’s oil-refining and petrochemicals sectors.

 The Chinese government is actively encouraging FDI and joint ventures between foreign companies and state-owned enterprises in order to boost domestic manufacturing in the country. Additionally, government is putting efforts to update or bring in new technologies and invest in research and development towards new product innovations.

The growing industrialization and urbanization in China is further anticipated to provide opportunities for the country’s chemicals industry. Furthermore, an expanding middle class population will require higher quality chemical products such as dyes towards numerous end-user applications.

Global Dyes Market Size by Revenue, 2012-2017:-

Overview: The change in the dye industry has been primarily due to the fierce price competition & stricter environmental regulations in American and European countries, lesser production cost in APAC countries along with the globalization of world trade in the early 1990’s.

Market Size: APAC region is the largest producer as well as consumers of dyes due the presence of global manufacturing powerhouses (China and India). It is followed by the American and the European region.

Key Takeaways: Rising environmental issues along with surging pollution levels have resulted in policy changes across the globe.

Global Dyes Market Future Projections on the Basis of Revenue 2017-2022E:-

Global Dye Industry Future Outlook: The global dye industry is expected to grow with a CAGR of ~% from 2018-2022. The market is expected to reach USD ~ billion by 2022. APAC region will continue to lead the global dye market in the future owing to the expected strong growth of the dye industry in China and India. Robust growth in end users industries such as textiles, construction, automotives, printing inks, paper and personal care industry will drive the global demand for dyes.

For more information, refer to the link below:-

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-dyes-market/157430-101.html

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https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-dyes-market/149540-101.html

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Global Pigments Market Research Report: Ken Research

HOW GLOBAL PIGMENTS MARKET IS POSITIONED?

Global Pigments market is at a mature stage. The global pigment market grew from USD ~ billion in 2012 to USD ~ billion in 2017. The largest end user segment for pigments is the paints and the coatings industry. Following the paints and coatings industry, the largest consumers of pigments are the plastic, printing ink and the construction industry. The rapidly growing middle class along with the strong and steady growth of the industrial sector in China and India have made the APAC region the growth engine of the global pigment market. The pigment market in Europe and US is mature, however, pockets of regional growth opportunities can be found driven by local requirement. Strict implementation of environmental regulations has affected the global commodity pricing of many products.

It has also softened the export of pigments from China as well as domestic consumption in China. The REACH regulations have had a negative impact on consumption of pigments in Europe as well as global market as it is a big hurdle for the smaller suppliers who do not have the necessary resource to provide compliance material. Big players in the ecosystem have invested in developing newer products with environmental, manufacturing and cost sustainability in order to broaden their product portfolio.Industrial and architectural pigments have witnessed more or less similar growth patterns. However, the differentiation in demand for colors and properties from different end product manufacturers has widened the spectrum of the pigment industry globally.

GLOBAL PIGMENT MARKET SEGMENTATION

By Type of Pigments

China was the largest consumer for inorganic pigments followed by US, India other European, Asian and CIS countries.Titanium Dioxide (TiO2) alone dominated the entire pigments market due to its wide usage in paints, plastics, papers, inks, medicines, toothpaste, skimmed milk, sunscreens, cement, tiles and other applications. The organic pigments market performance is parallel to the development of the various coatings market segments plus additional effects like color trend and replacement of lead chromates mainly in emerging markets. . Organic pigments have been gaining importance over the globe owing to its safe usage, irrespective of the price component and have become the preferred choice for both organized as well as unorganized segment over the globe

By Type of Market Structure

The Organized players have well established production plants spread across the globe to provide deliveries as per the production schedule of the client while maintaining a consistent quality.While the unorganized manufacturers usually have a limited number ofproducts, which are customized to cater the demand of only a few industries or the local market requirement.

By Type of End User Application

Applications such as architectural and refinishing, aerospace, automobile, furniture, decorative, industrial maintenance, marine and traffic markings are the major sectors that have boosted the demand for paints & coatings globally. Pigments are generally chosen over dyes for the coloration of plastics majorly due to their superior fastness properties. Printing ink is the third largest industry that drives the demand for pigments across the globe. The overall consumption volume as well as value of construction pigments has increased in the past two years. Other industries that have application of pigments mainly include food & beverages, cosmetics, textiles, paper and rubber industry.

China Pigment Market Size: Pigments industry in China was driven by technological developments and growth of major end users segments. The market grew with a CAGR of ~% during 2012-2017. In 2017, the Chinese pigment market was valued around USD ~ billion.

China Pigment Market Future Projections: The pigment market is expected to increase at a CAGR of ~% during 2017-2022. The market is expected to reach around USD ~ billion by 2022. As people's living standards improve, domestic demand for automobiles will grow further. Therefore, the next few years the pigment industry sales will continue to maintain steady growth.

China Pigment Market Segmentation:

By Type of Pigment (Inorganic & Organic): As of 2017, China is the world's largest producer and consumer of titanium dioxide. There are numerous small and medium-sized manufacturing companies, and the industrial concentration is not high, which limits the further development of China's titanium dioxide industry. The world's organic pigment industry has shifted to Asia, and China has become the world's largest producer and exporter of organic pigments influenced by various factors such as the intensified market competition and a huge domestic market

Competitive Landscape

BASF SE, Tronox Inc., Huntsman Corporation, Clariant Corporation, Meghmani Organics, Sudarshan Chemicals and DIC Corporation are major market players in pigments industry. Mergers & acquisitions is a very common strategy in colorant market. Majority of the leading Chinese manufacturers produce inorganic pigments owing to its widespread application in coatings, plastic & ink industry which are the largest end user of pigments in China. Major parameters for competition among pigment manufacturers are; product portfolio and quality, no. of end-users served, pricing, manufacturing process and technology.

Trade Scenario In Global Pigments Market

The pigment market is highly competitive. Reasonable prices have become the key point when downstream customers purchase pigments. In recent two years, the export prices were low while the volume was large. In August 2016, the export of pigment from China dropped as a result a surge in prices in the global market was witnessed.

For HS codes 3201, 3202, 3203, 3205, 3206, 3207, 3208, 3209, 3210, 3211 & 3212 Germany USA and China have been the leading export countries. They were followed by Japan, Netherlands, Belgium, UK, Italy, France and Spain respectively. However, in case of pigments China has been the largest exporter of pigments. Other major pigment exporting countries are India, US, Germany, UK and Brazil.

Future Outlook And Projections In Global Pigment Market

The global pigment market is expected to grow from USD ~ billion in 2018 to USD ~ billion in 2022. Paints and the coatings industry is likely to remain the dominant application industry followed by plastic, printing ink and the construction industry. Use of inorganic pigments in a range of industries is expected to be gradually replaced by organic pigments that are environment friendly and less toxic to humans as well. Industrial and architectural pigments are likely to witnessed more or less similar growth patterns. Although the market is largely mature in developed countries in North America and Europe, regional/ localised growth will propel the market forward in these countries. Implementation of strict environmental policies will lead to concentration of the market and development of newer products.

To know more, click on the link below:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-pigments-market/157431-101.html

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https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-dyes-market/149540-101.html

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Saudi Arabia Plastic Pipes and Fittings Market is Driven by Increasing Public and Private Investment in Infrastructure, Construction of Industrial Zones and Business Parks: Ken Research

Programmes and policies to promote tourism, increase in residential construction projects to meet excess housing demands and changes in consumer preference towards high quality plastic pipes for their desirable properties has driven the growth of plastic pipes and fittings in Saudi Arabia.

Saudi Arabia Plastic Pipes and Fittings Market is at its late growth stage. The market growth has stagnated as the decrease in oil prices has impacted the demand of plastic pipes and fittings in the country. There was decline of infrastructure and real estate opportunities coming up in the recent years. Saudi Arabia Plastic Pipes and Fittings Market is highly correlated with the development in the infrastructural, mining (petroleum and others) and construction of new house dwellings in the country. There has been a trend of substituting PVC pipes and fittings by PE pipes and fittings in potable water distribution applications and by PPR pipes and fittings in internal plumbing application in the past few years. The water supply and sewage end use application continues to be the leading end use application of the plastic pipes and fittings in Saudi Arabia. The market is concentrated with few organized players dominating the market.

The organized sector dominates the market due to its superior product quality and enjoys competitive advantage over the unorganized sector as it can provide product customization. Government schemes such as Vision 2030 to emphasize on developing sectors such as health care, defense, transport and logistics will increase in the investment in the construction of hospitals, factories and other infrastructure. Private sector contribution to the economy, transforming the government’s Public Investment Fund (PIF) into a USD 2 trillion sovereign wealth fund and to promote tourism in the country are some other key initiatives that have contributed majorly to the market growth. There has also been a shift in consumer preference from steel pipes to plastic pipes for various industrial uses such as distributing oil and natural gas as it is a more economical option. Plastic Pipes and Fittings Market in Saudi Arabia is highly competitive amongst the major players, and consequently, companies are increasingly focusing on product innovation and diversification and offering better quality products to expand their market shares.

According to a study by Ken Research “Saudi Arabia Plastic Pipes and Fittings Market Outlook to 2022- By Type of Pipes (UPVC, PVC and CPVC, PE and Others) and Type of End Use Applications (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Others)”, reduction of wastage and spillage while manufacturing, keeping up with advanced technology, tracking upcoming government and private construction projects, diversification of product line, supply of plastic resin from multiple sources, increasing production capacity of PE products, usage of by-product and focus on development of safer plastic pipes for the purpose of drinking water distribution will aid the manufacturers of plastic pipes and fittings in Saudi Arabia to grow and achieve higher profits.

Key Segments Covered

By Type of Pipe

·         uPVC

·         PVC and CPVC

·         PE

·         PPR, ABS, PVDF and others

By Type of Market Structure

·         Organized Market

·         Unorganized Market

By Type of End User Application

·         Water Supply and Sewage

·         Plumbing

·         Chemical and Oil

·         Irrigation

·         Gas Transmission, Cable Protection, Healthcare and Automotive Industries and others

Key Target Audience

·         Plastic Pipes and Fittings Manufacturers

·         Plastic Resins Manufacturers

·         Major Importers of Plastic Pipes and Fittings

·         Private Equity Ventures/ VC Funds

Time Period Captured in the Report:

2012-2017 – Historical Period

2018-2022 – Future Forecast

Companies Covered:

Plastic Pipes and Fittings Manufacturing Companies:

Saudi Plastic Products Company Ltd. (SAPPCO), Saudi Basic Industries Corporation (SABIC), New Products Industries Co Ltd. (NEPROPLAST), Arabian Gulf Manufacturers Ltd (AGM), Al Watania Plastics, Munir Munif Plastic Factory (MMP), Almona Plastic Product Company Ltd. Co., Hepworth, Arabian Plastic Manufacturing Company Ltd. (APLACO) and Saudi Plastic Products Company Ltd. Dammam

For more information about the report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/saudi-arabia-plastic-pipes-fittings-market/165954-97.html

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Global Pseudomonas Infections Market Research Report: Ken Research

“Pseudomonas Infections Global Clinical Trials Review, H1, 2018”, a clinical trial report by GlobalData provides information on the clinical trials scenario for pseudomonas infections. The report contains data regarding the trial numbers, trial enrolments in top countries (G7 and E7), trials by regions, by phase, trials status and lists drugs for in-progress trials. A trend analysis of the past years’ clinical trials of the disease and future projections, through this report, can help organizations to study the markets, find opportunities and investments.

Pseudomonas infections are bacterial infections caused by the ‘pseudomonas’ bacterium. These are generally found in soil, water, plants and damp areas. The infection has mild effects on a normal human body, usually cured by a dose of antibiotics. However, it can prove to be severe- in many cases fatal- for a body with weak immune system or already diseased. Also, known as opportunistic bacteria, pseudomonas is generally acquired by patients in a hospital setting.

The healthcare industry has been facing a challenge to cure pseudomonas infections. Clinical trials are being performed worldwide to find more effective therapeutics for the same, as the earlier ones are proving to be ineffective. Multi Drug Resistance or MDR as it is known, is the resistance that the bacteria causing the disease develop towards the antibiotics, thus leading to ineffectiveness of the drug. Hence there is a high demand for research of new antibiotics. Some of the other challenges faced are the resurfacing of the infection that have been observed in many cases or development of resistance mid-treatment regimen.

The companies involved in the covered clinical trials are: Gilead Sciences Inc., Novartis AG, Cystic Fibrosis Foundation, Insmed Inc., Polyphor AG, PARI Medical Holding GmbH, Humanigen Inc., F. Hoffmann-La Roche Ltd, Bayer AG and AmpliPhi Biosciences Corp.

Research for development of new antibiotics and pseudomonas therapeutics are on a surge globally, with USA being a dominant market in North America. Germany, France and UK are the top European countries investing in the research and trials. Experts believe that Asia is expected to become the focus of all the bio-medical and pharma companies, with China, India and Japan being the top countries.

The global clinical trials market is on rise. And as the demand for more effective cures increase globally, the growth is expected to continue for the next decade. Increasing globalization, technology advancements, increase in population and subsequent increase in the diversity of medical profiles, developments in emerging economies- all are the factors contributing to this growth. Apart from this, a positive support from the government in terms of regulations and policies has been favourable for businesses. Added to this are the increase in funding and investments from private entities. A market shift might be the future, as companies are focusing on the emerging countries for their potential markets and expansions. Also, the new- generation technologies are now helping the small and mid- size firms and research institutes to have access to data and research platforms, that were earlier available to only the big players.

To know more, click on the link below:-

https://www.kenresearch.com/healthcare/pharmaceuticals/pseudomonas-infections-global/154914-91.html

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