Tuesday, December 19, 2017

India Polymer Additives Market is expected to reach over INR 6,500 crore by FY’2022: Ken Research

India Polymer Additives Market by Type (Antioxidants, Stabilizers, Plasticizers, Flame Retardants and Modifiers), by Application (PVC, Polyolefin and Other), by Type of Antioxidants (Phosphite, Phenolic, UV-Absorbers and Trioesters), by Type of Application of Antioxidants (Engineering Plastic, Automobile, Water Treatment and Corrosion Inhibitors), by Type of Stabilizers (Lead Based, Calcium Based, Mixed Metal and Organic Based, Tin Based, Calcium-Zinc Based), by Type of Application of Stabilizers (Wires and Cables, Engineering Plastic, White Goods and Others), by Type of Plasticizers (Primary Plasticizers, Chlorinated Plasticizers and Epoxy Plasticizers), by Application of Plasticizers (Construction Flooring and Carpet, Medical Equipments and Flexible Applications), by Type of Flame Retardants (ATH, Antimony Oxide, Phosphite, Brominated and Others), by Type of Modifiers (Impact Modifiers, Processing Aids) and Market share of Major companies (KLJ Group, Payal Group, Amines and Plasticizers Ltd., BASF, Baerlocher, HPL Additive, Adeka India, Clariant, DuPont, Lanxess)
Government initiatives like “Make in India” have brought substantial FDI into the country which is strengthening the manufacturing sector in India which is further affecting the polymer additives market positively.
Increase in usage of polymer products in almost every industry has increased the consumption of polymer additives over the years.
Substantial increase in consumption of polymer and plastic products by the end user as well as demand for newer polymer by the ever changing technology are expected to be the major factors for growth of the polymer additives market in India.
Ken Research in its latest study, India Polymer Additives Market by Type (Stabilizers, Plasticizers, Antioxidants, Flame Retardants and Modifiers), by Application (PVC, Polyolefin and Other) – Outlook to 2022, suggests that BASF, HPL Additives, KLJ Group, Baerlocher India, Adeka India and Amines & Plasticizers Ltd. will continue to lead the polymer additives market in India and will compete on the basis of price, quality, just in time delivery and the range of products that they offer.
The industry for polymer additives is largely demand driven from automotive, aerospace, medical, construction, consumer goods and packaging sectors. The strong local market that India possesses is expected to catapult the growth in the industrial sector. Smart packaging, green packaging, logistics friendliness, longevity are the latest trends in the packaging industry where plastics have a huge role to play. Also with the exuberant performance of e-commerce industry, packaging consumption is expected to increase dramatically. Plastic consumption is expected to accelerate tremendously as India will penetrate the underserved industry of healthcare solutions. The ever changing technology and innovative new products will continuously demand polymer with better performance and varied applications across all industries. The government policies and initiatives are expected to dimensionally change the manufacturing sector of India and bring India onto the map of the manufacturing superstars of the world. The change in the manufacturing sector will support the growth in the domestic production of polymer additives. As a result, the total revenue of the polymer additive industry in India has been anticipated to grow at a CAGR of 7.9% to INR 65 billion between FY’2018 to FY’2022.
The engineering plastic market has witnessed a growth from USD 1,414 million in FY’2012 to USD 2,971 million in FY’2017 with a CAGR of 16%. The additives industry has benefitted from this spike in the demand for engineering plastic.
Key Topics Covered in the Report:
India Stabilizers Imports
India Flame Retardants Market Growth
Amines and Plasticizers Ltd Market Share India
Antioxidants Price in India
India Antioxidants Market Size
India Stabilizers Additive Application
Trends Antioxidants Additives Market
ATH Flame Retardants Market Size India
KLG group Market Share
Product Portfolio of KLJ Plasticizers
Trends Polymer Additives Market
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Egypt Logistics Market Will Foster Growth in Upcoming Years Owing To Increasing Government Initiatives Backed Up With Increasing Prominence of 3PL: Ken Research

Increased efficiency in international shipments, Infrastructure Improvement Coupled with Increasing FDI in the Country is the key factors driving growth in Egypt Logistics Market.

Egypt is considered as one of the most lucrative markets for logistics industry in Africa. Egypt’s unique geographic location combined with an expanding infrastructure base is enhancing the country’s position as a key global logistics hub. In recent years, the dominance of first-party logistics and second-party logistics has been declining, whereas third-party logistics has been growing at an alarming rate in the country. Rise in the retail and FMCG industry in the country has driven the demand of warehousing services in the country. Expansion of e-tail industry has aided to this segment by increasing need for warehousing services for storage of international and domestic packets.

The presence of the Suez Canal in the Egyptian territory provides an important source of income to the Egyptian economy. The canal connects the Red Sea to the Mediterranean and acts as one of the country's major source of foreign investment, along with oil and gas exports. With around 8.0% of the world’s maritime shipping passing through the Suez Canal each year and an increasing number of international companies from India and China, Turkey and Spain, using Egypt as a manufacturing base for exports targeted at the European market. Egypt’s logistics and transportation sector is playing an increasingly vital role in international trade.

The report titled “Egypt Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, By Express Delivery Logistics and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022” by Ken Research suggested that increasing e-commerce penetration and infrastructure construction  will result in market growth at a positive CAGR in revenues in Egypt logistics market in next 5 years till 2022.

Key Topics Covered in the Report:
Logistics Infrastructure in Egypt
3PL Companies in Egypt
Egypt Logistics Market Size
Egypt Cold Chain Revenue
Egypt Freight Forwarding Revenue
Major Players in Egypt Logistics Market
Freight Forwarding Companies in Egypt
Competition in Egypt Logistics Market
Cold Storage Warehouses in Egypt
Egypt Logistics Market Future Growth
National Navigation Company Market Share
Egypt air Holding Fleet Size
Agility Revenue from Logistics
Future of Egypt Logistics Market
Upcoming Logistics Projects in Egypt
Market Share Leading Companies Egypt 3PL
Growth Egypt Express Logistics Industry
Cold Storage Warehouses in Egypt
Cold Transport Services in Egypt
Sea Freight, Land Freight, Air Freight Demand
Value Chain Analysis for Egypt Logistics Market
Egyptian Pharmex Logistics Competition Egypt Logistics
Government Spendings on Logistics and Infrastructure Egypt
International Domestic Revenue Egypt Logistics

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https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/egypt-logistics-market-research-report/142297-100.html

Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/kuwait-logistics-market-research-report/142296-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-report-2020-version/7988-100.html

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Ankur Gupta, Head Marketing
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India Polymer Additives Market Driven by Growth in the Manufacturing Sector and Increased Consumption of Polymer and Plastic Products: Ken Research

The growing manufacturing sector, rise in use of polymer products in industries and increasing consumption of end products by the excessively large middle class of India were the key factors driving growth of  polymer additives market in India.
India Polymer additives market is concentrated with the presence of few organized players which manufacture in India as well as import polymer additives from other countries. Many of these companies have multiple manufacturing plants located all across the globe. The companies (indigenous as well as MNCs) which have made a foothold in the Indian market are namely BASF, Baerlocher India, Adeka India, KLJ Group, HPL Additives, Payal Group, Amines and Plasticizers and others. These companies compete on the basis of price, quality, just in time delivery and the range of products that they offer. There are several unorganized players as well which mainly import additives from other countries. These players largely serve the medium and small scale polymer manufacturers in the vicinity of their location. The major players of the market have their own distribution channel with sales team and offices in different zones of the country.
The polymer additives market is highly dependent on the oil and gas industry for raw material and the polymer industry (especially plastic) for demand. Any fluctuation in these industries leads to a huge effect on the polymer additives industry. Fluctuation of the crude oil prices in recent years had an effect on the overall growth rate of the market, but the promising future in the automobile, electronic, construction and other industries have been the key drivers of the overall growth of the industry. The growth in these industries is a result of the growing demand of the consumer products by the middle class as well as the rapidly growing manufacturing sector in India.
The report titled “India Polymer Additives Market by Type (Stabilizers, Plasticizers, Antioxidants, Flame Retardants and Modifiers), by Application (PVC, Polyolefin and Other) – Outlook to 2022” by Ken Research suggested a positive CAGR of 8% in terms of total revenue of polymer additives in the next 5 years with plasticizer expected to contribute over 58% in revenue by 2022.
According to Ken Research, the dependency of the Indian market on imports is still high. On the basis of value in FY’2017, around 30% of additives were imported. The Chinese additives available in the market are cheap with low quality. Companies are importing these products without considering the negative effect these low quality additives will have on the industry. Additionally, these additives do not comply with environmental regulations and standards and pose a great danger to the environment.
For more information on the market research report please refer to the below link:
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Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Monday, December 18, 2017

Technological evolution in Biopower drives the future energy sector in India: Ken Research

Biomass is a source of fuel developed from organic materials which is a renewable and sustainable source of energy. Biomass is used to generate electricity or other forms of power. The biopower technologies convert these renewable biomass fuels into heat and electric energy. Burning, bacterial decay, and conversion to gas/liquid fuel are three ways to release the energy stored in biomass fuels to produce biopower. Bio-electricity is generated through direct combustion technique where biomass fuel is burned in a boiler to produce high-pressure steam. This steam runs over a series of turbine blades rotating them which drives a generator, thereby, producing electricity. Biomass is a substitute of coal in many existing power plant furnace in India, using co-firing process where two types of fuels are burnt at the same time.
Organic waste materials such as animal dung or human sewage are collected in oxygen-free tanks called digesters. The waste is decomposed by anaerobic bacteria producing methane and other by products forming renewable natural gas. This renewable natural gas can be purified and used to generate electricity. Biomass fuels undergo gasification and pyrolysis to convert from a gaseous fuel or a liquid fuel or vice-versa. Gasification process of solid biomass is carried out at high temperatures with very less supply of oxygen to produce synthesis gas. This gas is burned in a conventional boiler to produce electricity that is used to replace natural gas in small power plants. Pyrolysis process of biomass is carried out at lower temperature range with complete absence of oxygen to produce a crude bio-oil. This bio-oil is substituted with fuel oil or diesel in furnaces, turbines, and engines for electricity production.
According to the study “Biopower in India, Market Outlook to 2030, Update 2017-Capacity, Generation, Levelized Cost Of Energy (Lcoe), Investment Trends, Regulations And Company Profiles”, India’s renewable energy resources include solar, wind, small hydro, waste to energy, bio energy. All available conventional natural resources are expected to exhaust in near future including hydro power because water is now a scarce resource. Renewable natural sources such as wind and solar resource do not exhaust completely even if fully they are completely utilized. Other renewable natural resources are bio-wastes that can be converted in to energy. The leading players in the biopower sector are The Dhampur Sugar Mills Limited, Bajaj Hindusthan Ltd., Balrampur Chini Mills Limited, Mawana Sugars Limited, DCM Shriram Limited, EID Parry (India) Limited and Triveni Engineering & Industries Ltd.
Coal when undergoes combustion emits carbon soot and carbon monoxide causing respiratory diseases. Coal mining is a risky job and human right violation due to the unsafe environment. There were instances where miners were killed due to collapse of mining roofs and inhalation of hazardous gases such as Methane. Spillage of crude oil from oil rigs and pipelines into the water bodies are threatening the survival of marine life. Nuclear energy emits hazardous radioactive wastes which need to be handles for many years and any simple accident can cause human genetic mutations.
Majority of the rural population utilize traditional fuels such as wood, crop residue and animal manure cakes for their daily energy needs. However, combustion of these traditional fuels release poisonous gases and time consuming while collecting such fuels. Biopower ranks second in India’s energy sector with wind energy dominating and the country ranks fifth in renewable power globally. There are many standalone power plants in India based on wind, solar, biomass energy that are confined to a specified location, industry and many remote areas. Biopower is generally derived from agricultural residue such as husk, shell, strew, and deoiled cakes obtained after oil extraction. Domestic waste is also utilized to extract energy through various processes.
The renewable energy resources are expensive compared to the conventional energy resources. It was observed that the costs of clean energy such as wind and solar energy are deflating from few years. The introduction of clean energy resources has encouraged the Indian population to use portable solar cookers. Therefore, the clean energy sector is growing rapidly from the recent years. At few places, both wind and solar power plants are installed as two in one plants. This power is stored in batteries and Morni Hills in Haryana is first such plant. Solar panels were very expensive in the recent years exhibiting a very poor performance in solar energy sector. With falling prices the photo voltaic panels are now affordable with increased competitors. India’s largest solar plant is located in Madhya Pradesh and generates electricity for low price.
India has various fuels available for the power market and also has many established power plants with huge capacity. It was observed that Indian population in the rural areas are attracted towards the biopower because of huge availability of biomass, increase in employment rate, and cheapest energy source for low income group. These factors may attract establishment of several biopower projects to overcome the nation’s energy requirements. The affordable cost of the biopower is sure to drive the energy sector with many investors, while implementing government legislations. Indian biopower sector will witness a drastic growth over the coming years.
Key Topics Covered in the Report:
India Biopower Market Research Report
Biopower Generation Capacity India
Biopower Investments in India
India Major Biopower Plants
India Biopower Plants Regulations
Renewable Energy Resources Market Research Report India
Agricultural Residue in India
The Dhampur Sugar Mills Limited Market Share
Upcoming Biopower Projects in India
Bajaj Hindusthan Ltd Market Share In Biopower Sector
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Innovative electronic devices in cards and payment industry drive the growth Malaysian banking sector: Ken Research

The cards and payment market in Malaysia includes payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. It was observed that the use of cash still remains relatively high in Malaysia and the payment technology is expected to grow rapidly over the coming years. Therefore, the Malaysian banks are providing payments products and services that are as easy to use, convenient, and secure to actively promote digital payments. Majority of the merchants are promoting card adoption with reward programs and benefits to encourage consumers to use their cards. Malaysia’s e-commerce market will witness a huge growth compared to the other Southeast Asian countries in the cards and payments sector in the near future. Malaysian cards and payments industry operations include credit transfers, payment cards, cash, direct debits, and cheques. The leading banks in Malaysia are Maybank, Bank Simpanan Nasional, CIMB Bank, Hong Leong Bank, Public Bank, Citibank, HSBC, Bankcard, AmBank, Global Payments, Visa, Mastercard, American Express which offer sophisticated cards and payment services such as contactless technology.
Bank Negara Malaysia (BNM) is actively supporting the development of Fintech in Malaysia by participating in events and regulatory training to help Fintech understand the regulatory landscape in the country. The country has created awareness among the population about the use of payment cards, electronic funds transfers and online banking services. Malaysia’s central bank has educated the population about the benefits of using financial cards, safe practices when using financial cards and going cashless. The country has also implementing PIN-enabled payment cards, an extra security measure for payment cards. The growth in the payment cards in Malaysia is expected to witness a positive growth over the coming years. A strong growth is expected in the category of debit cards compared to the other financial card categories.
According to the study “The Cards and Payments Industry in Malaysia: Emerging trends and opportunities to 2020”, the rural population in Malaysia depended on cash for the majority of their transactions. The government and banks provided basic financial and banking services while expanding banking infrastructure, launching new branches, promoting agent banking networks, and making efforts to change consumer payment habits. The payment cards such as debit cards, credit cards and charge cards were gradually accepted and massive growth in this sector was observed. Majority of the Malaysians are using their debit cards for cash withdrawals at ATMs rather than payments at merchant outlets. To encourage the consumers to use their debit cards at the merchant outlets for payments, the central bank in Malaysia plans to establish 800,000 point of sale (POS) terminals by the year 2020.
The growing preference for secure electronic payments and increasing young population in Malaysia using smartphone has encouraged banks to develop sophisticated payment service options and providers.  To encourage contactless payments, Malaysian banks are launching innovative electronic products. Samsung Electronics launched its Samsung Pay mobile wallet and Visa launched Visa Checkout in Malaysia. Maybank collaborated with Visa and launched an NFC wristband and Maybank Visa Payband to enable its customers to make payments with a wave of the wrist.
The central bank of Malaysia, Bank Negara Malaysia (BNM) and its auxiliary Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) has launched the JomPAY service to promote electronic payments. This JomPAY is a Malaysian government initiative supported by 42 banks offering a common payment platform for Malaysian consumers to make bill payments using online free of cost or mobile banking to any JomPAY-registered merchant using a savings account, current account or a credit card.  BNM also launched the e-Payment Incentive Fund (ePIF) that helps the banks to divert check processing fees to encourage consumers to adopt e-payments.
Malaysia’s contactless card technology has encouraged many consumers and currently reached a maximum penetration. The complete migration of payment cards to EMV standards with contactless functionality and awareness education by Malaysia’s central bank has increased in the contactless card penetration among Malaysian consumers. All major banks such as Maybank, Bank Simpanan Nasional (BSN), CIMB Bank, Public Bank, and Hong Leong Bank are offering contactless cards to all their consumers.
New opportunities in the payments industry such as adoption of Open Application Programming Interfaces (APIs), growth in digital payments, innovation in cross-border payments, and challenges from the entry of alternative service providers are impacting the Malaysian cards and payments industry. Almost all the consumers are becoming increasingly accustomed and benefitted to using cards for paying their transactions. Majority of the consumers own several credit cards and debit cards because they are a safe way to pay for purchases or make payments. It was observed that cards and payments industry in Malaysia is developing with technology, demographic, and regulatory dynamics.
Key Topics Covered in the Report:
Malaysia Bill Payment Market Research
Malaysia Money Remittance Industry
Alternative Payment Methods in Malaysia
Malaysia Cards and Payments Industry Trends
Consumer Payment Industry Malaysia
Malaysia Credit Card Industry Analysis
Malaysia Plastic Money Market
Malaysia Credit Cards Market Research
Malaysia Cards and Payments Market Research Report
M-Commerce Market Malaysia
Ecommerce Payment Industry Malaysia
Malaysia Payment Industry
Wallet Payment Market Malaysia
Plastic Card Money Malaysia
P2P Payments Malaysia
Online Payment Channels Malaysia
Debit Cards Market Malaysia
Credit Card Demand in Malaysia
Credit Card Demand Future Outlook Malaysia
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Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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