Usage in Health Supplements Fuels Sodium Chondroitin Sulfate Market

28 August: Sodium Chondroitin sulfate is mostly used to treat cataract, osteoarthritis, urinary tract infections. It is used as a medicine to improve digestive function, lower blood sugar, enhanced liver function, and inhibit tumor metastasis. A human body produces chondroitin sulfate, a chemical in cartilage around joints in the body. It is usually manufactured from animal sources, such as shark and cow cartilage. It is often used in combination with other ingredients, including manganese ascorbate, hyaluronic acid, and glucosamine. 

 

High Demand for Product to Treat Eye Complications

Based on source, sodium chondroitin sulfate market can be segmented as bovine, swine, poultry, shark, and synthetic. The bovine segment is further segmented into nutraceuticals, pharmaceuticals, animal feed, personal care & cosmetics, and others. Bovine segment accounted for the largest segment in 2018 due to its usage in various applications including nutraceuticals, animal feed, and pharmaceuticals.  A byproduct of beef industry is bovine cartilage and it is generated on a large scale around the world. For human consumption, cattle byproducts are used in various parts of the world. As a source for producing sodium chondroitin sulfate, these factors have prompted manufacturers to opt for bovine.

Owing to its ability to treat eye complications, arthritis, and heal wounds, shark derived chondroitin sulfate is generally used in pharmaceutical sector. A factor that is posing a challenge to the growth of chondroitin sulfate market is that sharks are endangered species and it is prohibited to harm the sea creatures. However, sodium chondroitin sulfate retrieved from shark is used due to its ability to treat people infected with arthritis, intestine inflammation, and HIV, which is fueling the growth of the sodium chondroitin sulfate market.

Synthetic chondroitin is manufactured using a two-stage fermentation-based process. The occurrence of adulteration and contamination is reduced as the process excludes the use of animal cartilages. This also results in the extraction process becoming less complicated leading to low production cost. 

Market Insights

Factors such as increasing prevalence of arthritis among geriatric population and increasing rate of obesity has led to increased consumption of joint health supplements, which is driving the demand for sodium chondroitin sulfate. Joint health benefits and clinical efficacy are major factors promoting the market growth. Pharmaceutical grade sodium chondroitin sulfate is being increasingly used to cure osteoarthritis driving industry growth. Manufacturers and raw material suppliers have numerous opportunities to supply quality and uniform products through auditable supply chain.

Some of the leading companies of the sodium chondroitin sulfate market are Qingdao Wan tulmin Biological Products Co. Ltd.; TSI Group Ltd.; BRF; Bioiberica S.A.U.; HeBei SanXin Industrial Group; Sigma-Aldrich, Inc.; Bio-gen Extracts Private Limited; Sino Siam Biotechnique Company Limited; ZPD; and SEIKAGAKU CORPORATION. 

Rising Demand for Cosmetics & Personal Care Products to Boost ODDA Growth

28 May 2020: Octadecanedioic acid (ODDA) is an alpha, omega-dicarboxylic acid that is octadecane in which both terminal methyl groups have been substituted by carboxy groups. It is conjugate acid of an octadecanedioic acid and octadecanedioate anion. The preference for ecological and organic products as a strategy to decrease dependence on petrochemical derivatives has played a significant role in encouraging octadecanedioic acid growth.

Polyester Polyols Sector Holds Largest Market Share in the Market

On the basis of application, the octadecanedioic acid market can be classified into lubricating oils polyester polyols, powder coatings, cosmetics, and others. The polyester polyols sector holds the largest market share and is anticipated to grow at the second highest CAGR in the forthcoming period. Rising preference for powder coatings over the recent years is anticipated to impact the demand for octadecanedioic acid.

Octadecanedioic acid is an intermediary chemical mainly used in the production of engineering polymers, such as powder coatings, polyphenylene oxide, latent curing epoxies, polyphenylene ethers, polycarbonates, polyetherimides, and polyurethanes. Polyester polyols derived from C18 dicarboxylic acid shows excellent optical clarity, solvent resistance, toughness, and hydrolytic stability. These polymers can be used in the food service, medical, and automotive sector among others.

C18 dicarboxylic acid is a key element for the formulation of composites, consequently used in pharmaceuticals and personal care. Cosmetics application sector is anticipated to raise at the highest CAGR in the forecast period. The factor attributed to the growth of cosmetic application sector is a preference to naturally sourced compounds. Rising consciousness of natural skin care constituents with anti-aging characteristics is anticipated to drive the demand for octadecanedioic acid throughout the forecast period. In terms of volume, lubricating oil sector is estimated to account for the second largest share in the market and anticipated to grow at a CAGR of 4.1% in the forecast period. Octadecanedioic acid is used in lubricating oils as a thickener in grease compositions. 

Increasing environmental guidelines in the automotive and industrial segment have played a significant role in the growth of bio-based products. For instance, the European Commission declared an investment of nearly USD 5.04 billion Public Private Partnership (PPP) for accelerating commercialization of bio-based products and advertising bio-based industries. Regulatory framework planned for encouraging the use of organic based products to limit greenhouse gas (GHG) discharges is likely to surge the demand for bio-based intermediates such as octadecanedioic acid.

The manufacturers are in the search for developing procedures for a strong distribution network, and effective production to commercialize the application of the market. The octadecanedioic acid is extremely competitive as units strive to produce acid of an improved and higher quality.

Market Insights:

Octadecanedioic acid is anticipated to grow and develop at a constant rate. Manufacturers are seeking to progress a strong distribution network and efficient production procedures to commercialize octadecanedioic acid application. The industry is extremely competitive as companies try to create high-quality acid. Outstanding product characteristics and renewable content permit manufacturers to charge a premium rate for the product.

Cathay Industrial Biotech Ltd. and Cathay R&D Center Co., Ltd. announced a patent on using candida sake strain for producing long-chain dicarboxylic acids. The procedure can produce dodecanedioic acid, undecanedioic acid, tetradecanedioic acid, brassylic acid, pentadecanedioic acid, octadecanedioic acid, and hexadecanedioic acid.

Hydrogenated metathesized method of natural oil derivative based thickener components used in grease compositions is patented by Elevance Renewable Sciences, Inc. The combination of hydrogenated metathesized of natural oils and their byproducts as a thickener constituent in complex and simple greases results in improved yields and reduced processing times.

Leading players operating in the octadecanedioic acid (ODDA) market include Croda International Plc.; Elevance Renewable Sciences Inc.; Cathay Industrial Biotech Ltd.; BASF SE; Nanjing Chemlin Chemical Industrial Co. Ltd; and TCI America.

Polyolefin (POF) Shrink Film for Better Seal Quality

Polyolefin (POF) is a term used for plastics such as Polypropylene (PP) and Polyethylene (PE). These shrink films possess various properties such as high tensile strength, seal strength, and puncture resistance. They are chemically inert, therefore are used widely in packaging applications, particularly in the food and beverages sector. The product can be classified into general POF shrink film and cross-linked POF shrink films.

High Strength Films for Packaging

Polyolefin shrink film can be used in various industries including food and beverages, pharmaceuticals, consumer goods, and industrial packaging. Rising demand for packaged food like snacks, frozen meals, and Ready-To-Eat (RTE) meals due to changing lifestyle and growing popularity of quick service restaurants can drive the segment over the forecast period (from 2018 to 2025). Rising demand for alcoholic, non-alcoholic, and carbonated beverages is also likely to boost the product demand as it can be used to make plastic cans and bottles using clear and printed films.

In 2016, industrial packaging estimated for 26.4% of the total revenue share due to high demand in automotive and construction sectors. In terms of revenue, the segment is likely to expand at a CAGR of 5.9% over the forecast period. The POF films can offer durable, tidy, and waterproof solution, which is anticipated to increase the product demand in this segment in the coming years. Taghleef Industries (Ti) presented a new floatable shrink film called TDS at Labelexpo Europe 2017 for TD shrink sleeve lables, which is a low-density POF polymer that reduces the weight of the lable. It can be used for 360-degree label designs. The company also presented an antibacterial film that could offer an additional layer for protecting personal care products.

Market Overview

According to Grand View Research, Inc., the worldwide Polyolefin (POF) shrink film market is predicted to achieve USD 7.4 billion by 2025. Factors such as increasing demand for product due to its better barrier properties, greater airtight sealings, high gloss finish and ease of printing can drive the market during the projected period. In addition, technological advancements and introduction of innovative cross-link technology, which provides durable sealing and better shrink ability, are also likely to fuel the market growth.

In 2016, Asia pacific accounted for 35.7% of the overall revenue share due to high demand in consumer goods packaging industry in the emerging countries of the region. Some of the leading companies operating in this market are China Petrochemical Corporation; PakMarkas UAB; Intertape Polymer Group (IPG), Inc.; Riverside Paper Co. Inc.; and PakMarkas UAB.

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Polyvinyl alcohol (PVA) market is expected to reach USD 1.21 billion by 2025

The global polyvinyl alcohol (PVA) market is expected to reach USD 1.21 billion by 2025, according to a new report by Grand View Research, Inc. Increasing need for bio-based PVA alcohol products is key growth factor to drive polyvinyl alcohol market growth. In addition, rising demand from Asia Pacific region is further propelling the demand over the forecast period.

PVA is a synthetic water-soluble polymer, widely used in the formulation processes in various end-use industries. Polyvinyl alcohol is mainly driven by the demand from the packaging industry, as it is a material with an excellent barrier to oxygen, water solubility, and biodegradable properties.

In terms of volume, food packaging accounted as the largest end-use segment in 2016 and is anticipated to continue its trends with a growth rate of 5.6% over the forecast period. Increasing need for biocompatible and non-toxic packaging solutions in food & beverage industry is expected to drive the growth. PVA is extensively used in food packaging industry owing to its advantageous properties such as good crosslinking density and moisture content.

The demand for PVA is expected to boost owing to the growth in various end-use industries in the Asia Pacific region. Different grades of polyvinyl alcohol are used in the papermaking process with high, intermediate and low viscosities. These grades can be either fully, partially or intermediately hydrolyzed in nature.

Further key findings from the report suggest:

• Construction segment will experience the fastest growth in terms of value at a CAGR of 7.9% from 2017 to 2025 on account of its various characteristics such as excellent degree of swelling, non-embrittlement, water resistance and waterproof. Furthermore, growing infrastructural development activities in emerging economies are expected to augment the growth over the forecast period.

• Food packaging emerged as the largest end-use segment in terms of volume in 2016 and is estimated to reach demand 525.4 kilo tons by 2025. Global PVA revenue in paper segment was USD 213.2 million in 2016 and is anticipated to experience steady growth over the years ahead

• The U.S. polyvinyl alcohol market in terms of volume was 172.8 kilo tons in 2016 and is estimated to reach a 276.7 kilo tons by 2025. The industry in Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the food packaging industry. In terms of revenue, the regional market is expected to grow at a CAGR of 6.8% from 2017 to 2025

• Key players including E. I. du Pont de Nemours and Company, Nippon Synthetic Chemical Industry Co., Eastman Chemical Company, and Sekisui Chemical Co. Ltd. dominated the global polyvinyl alcohol market

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Advanced Agriculture Enzymes Emerging as Crop Savior

Thriving demand for organic food and several competitive strategies have developed the use of agricultural enzymes over chemicals. These agricultural enzymes are basically bioactive proteins, which are used to yield food and to protect them from pests. Use of such bioactive protein in agriculture also helps improve crop efficiency and growth. In addition, agricultural enzymes are also being used to decompose agricultural waste and to enhance soil fertility.

Product Benefits

Major product variants of agricultural enzymes are phosphatases, sulfatases, and dehydrogenases. In 2016, phosphatases dominated the market in terms of demand. Use of phosphatases in agriculture helps in catalyzing the Phosphorus cycle (P cycle), which is further correlated to plant growth and phosphorus stress. These types of enzymes are also used as an indicator for phosphorus deficiency and soil fertility. Increased number of animal parasites is also effecting the growth of agriculture by destroying cultivated crops. Controlled use of enzymes can alleviate growth of parasites in the arable land.

Moreover, dehydrogenase enzymes are used for the biological oxidation of soil organic matter through transfer of hydrogen from organic substrates from inorganic acceptors. Such enzymes also act as an indicator for various soil microbial activities. Considering these properties of dehydrogenase, most agricultural research institutes are trying to improve these agriculture enzymes with the help of innovative methods. For instance, a team of researchers from the University of Western Australia along with the Commonwealth Scientific and Industrial Research Organization (CSIRO) has discovered a new enzyme called succinate dehydrogenase. The enzyme can mediate stress signaling in plants. Any tiny mutation in the enzyme indicates that the plant is not able to fight against pathogens.

Market Insights

The global agricultural enzymes market is predicted to reach USD 671.4 million by 2025, according to a report by Grand View Research, Inc. Increasing demand for organic food and adoption of competitive business strategies by the key players can propel the the global agricultural enzymes market. Useful properties of enzymes such as protection from pests and enhancement of crop fertility can also augment the market growth. In addition, growing disposable income and population in the developing countries can drive the market at over 12.6% CAGR from 2017 to 2025, states Grand View Research, Inc.

Some of the prominent players in the market for agricultural enzymes are Enzyme India Pvt. Ltd., Novozymes, Syngenta, BASF, and Creative Enzyme.

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Polymer Gel Manufacturers to Tap into New Industrial Verticals with Extensive R&D Activities

Polymer gel is a synthetic water-soluble polymer that has a three-dimensional cross-linkage structure. The structure givesit excellent absorption and deformation capabilities. Spiraling demand for personal care products will translate into greater uptake of polymer gels.

Personal Care Segment to Hold Prominence through 2025

Key areas of application of polymer gel are construction, personal care, wastewater treatment, agriculture, and drug delivery systems. Among these, the personal care segment will be the leading segment through 2025. Polymer gels are highly effective absorbents of water and other aqueous solutions, owing to which they are widely used in personal care products such as diapers and female hygiene products. Widening base of infant population, growing number of working mothers, and rising disposable income are triggering the sales of baby diapers. This, in turn, is contributing to the growth of the segment.

Demand for polymer gels in estimated to experience a sharp rise in the agricultural sector in coming years. Polymer gels are economical and save resources such as water and fertilizers. Their application saves 40 to 70 percent of irrigation water. They are highly beneficial in areas with water scarcity. Shortage of agricultural land in urban areas is also promoting the adoption of polymer gels. Increasing shift towards smart farming techniques can supplement the growth of the segment.

Recent Development

Apart from the aforementioned verticals, polymer gels are gradually finding application in other sectors as well, thanks to increasing research and development activities. For instance, in October 2017, a research group from the Graduate School of Engineering, University of Tokyo developed fluids that show amoeba-like spontaneous sol-gel oscillation. The fluid is made up of a polymer with a special molecular arrangement and improved its properties by incorporating a metal complex. This would help the polymer be a gel in reduced state and a sol in oxidized state. The liquid can be used for studying the movement of cancer cells from one part of the body to another, immune cells development, and cell division.

Market Insights

According to a report by Grand View Research Inc., the global polymer gel market is poised to rise at a CAGR of 5.7% between 2017 and 2025. Rising awareness regarding merits of polymer gel along with increasing hygiene consciousness among people can stoke the growth of the global polymer gel market. Robust growth of the cosmetics industry is anticipated to help the market in gaining significant traction.Asia Pacific will account for a large share in the global arena throughout the forecast horizon (2014–2025).

Some of the prominent companies operating in the market are Nippon Shokubai Co., Ltd., BASF Corporation, Dow Chemicals, LG Chemicals Ltd., and FIMA Group Ltd.

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M&As Keep Business Flowing for Pharmaceutical Fine Chemicals

Pharmaceutical fine chemicals or fine chemicals are pure chemical materials, in contrast togeneric commodity chemicals, and are developed in limited amounts. These chemicals can be generally defined as a set of products, intermediates and finished active pharmaceutical ingredients (API), and associated services. These chemicals are mixed with basic chemical substances to make complex chemicals, which find application in a wide range of sectors such as pharmaceuticals, nutraceuticals, and agriculture.

Popular Market Trends

Fine chemicals manufacturers are focusing on collaborating with or acquiring other companies and increasing their capacities to expand their global presence.In the recent past, W. R. Grace & Co. expanded its fine chemicals development and production capabilities with a new Good Manufacturing Practice (cGMP)-compliant Kilo Suite at their Oregon facility. The new lab can produce high-quality advanced intermediates with better consistency and control.

Its high-tech and cGMP-compliant research and development scale-up facility is equipped to manufacture multi-kilogram amounts. The new lab also includes an Aurora filter dryer, a variety of all-glass reactor systems with varied ranges (15-100 liters), integrated air-lock system, and a walk-in hood.According to the company, this expansion will help fulfill needs of their customers in a better manner.

Market Insights

Based on the findings of a new research report by Grand View Research, Inc., the global pharmaceutical fine chemicals market is anticipated to reach around USD 154 billion by 2025. Growing demand for preventive healthcare is projected to be a key factor driving the growth of this market. In addition, rising geriatric population base along with increased health consciousness among consumers is estimated to contribute toward market expansion over the forecast period (2017 to 2025).

The global market is dominated by major manufacturers, some of which are Albermarle Corp.; Angelini Acraf S.p.A; Chemada Fine Chemicals; Kenko Corp.; and W. R. Grace & Co. Novel product development, joint ventures, and collaborations are some of the key strategies adopted by these companies to increase market penetration and cater to shifting technological needs for different applications.

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Eco Fibers Promises to Emerge in Mainstream Textile Manufacturing

Heightened interest of corporates and communities in the green movement has impelled a shift towards usage of sustainable products in the textiles industry. This had led to increased usage of eco fibers in the industry. Eco fibers are fibers that do not require pesticides or chemicals for growth. They are mostly disease-free and naturally resistant to mildew and molds. Gradually, applications of eco fibers are increasing across other industries as well.

Demand for Organic Eco Fibers to Remain High through 2025

On the basis of product, eco fibers can be divided into organic, regenerated, and recycled. Organic eco fibers will hold a prominent position in the global arena through 2025. Organic fibers offer several advantages over traditional synthetic fibers, including less resource consumption, more revenue generation, and higher biodiversity.

Inclination towardsrecycled eco fibers is also expected to witness a rapid increase in coming years. These fibers not only reduce the hazardous environmental impact but also ensure greater returns to farmers. Fiber manufacturers are also focusing onextensive research activities for developing recycled eco fibers, which can cater to different verticals of different industries.a case in point would be American &Efird (A&E)’s Magic® that uses REPREVE®, a new air-entangled, recycled, polyester sewing thread. It incorporates Unifi’s Repreve fiber made from recycled plastic bottles. It provides a highly environment-friendly thread that can be used to sew activewear, performance apparel, intimate apparel, and athletic apparel.

Market Insights

Conducive government policies regarding manufacturing of bio-based products, coupled with rising concerns pertaining to the usage of eco fibers, can drive the global eco fibers market. A booming textiles industry, especially in emerging countries, can provide a fillip to the market, finds Grand View Research,Inc. in a study.

Asia Pacific will command a substantial share in the market throughout the forecast horizon (2014–2025). The growth of the region can be attributed to rapid industrialization and a thriving textile industry.

Some of the prominent players in the global arena are Grasim Industries Ltd., Polyfibre Industries Pvt. Ltd., US Fibers, Wellman Advanced Materials, and China Bambro Textile (Group) Co., Ltd.

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New Concrete Admixture Ensures Excellent Flow Retention and Consistent Concrete Quality

Admixtures are manufactured or natural chemicals mixed combined with concrete during or before mixing. They provide some special properties to both fresh and hardened concrete and can improve workability, strength, and/or durability of concrete mixture. Some of the major types of these admixtures are air-entraining agents, waterproofing agents, water reducing agents, retarding agents, and accelerating agents.

Concrete admixtures can benefit concrete in many ways:

• Enhancing concrete work ability

• Increasing concrete resistance against freeze-thaw effect

• Acting as an anti-bacterial agent

• Improving sustainability by bringing waste products in use

• Controlling alkali-aggregation expansion

• Reducing segregation in grout mixtures

• Producing colored mortar or concrete

New Admixture for Control Flow Concrete

The demand for and use of concrete admixtures is increasing rapidly; thus, major manufacturers are expanding their global presence and focusing on developing high-end technologies and products to sustain intense competition. GCP Applied Technologies, Inc. recently launched Concera concrete admixtures, which allow the production of control flow concrete—a new category of segregation-resistant, highly flowing concrete with common mix designs. This type of concrete is ideal for use in walls, columns, decks, beams, footers, and floors. With Concera admixture, manufacturers can produce highly consistent concrete with excellent flow maintenance without retardation.

Market Overview

According to the findings of a research report by Grand View Research, Inc., the global concrete admixtures market is anticipated to register a healthy CAGR of around 7 % over the forecast period (from 2017 to 2025). This growth is supported by rising investments in the infrastructure and hospitality sectors across the globe. In addition, shifting preference of population toward urbanization is projected to augment the growth of the global market over the next few years.

Some of the prominent companies operating in the worldwide market are RPM International Inc.; MAPEI S.P.A.; BASF SE; The Dow Chemical Company; Pidilite Industries Ltd.; Chryso S.A.S.; and Sika AG. Global business expansion, product development, and mergers and acquisitions are some of the key strategies followed by these companies to attract more consumers and maintain their market position.

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Reinventing Energy Drinks with Medium Chain Triglycerides (MCT) Oil

Medium-chain Triglycerides (MCTs) are fats present in foods such as palm kernel oil or coconut oil. Triglyceride, commonly known as fats, are either transported into cells and used for energy or are accumulated as body fat.MCTs are metabolized in a way that is different from Long-Chain Triglycerides (LCTs), whichare present in most other foods. Most fats in normal diets consist of long-chain fatty acids that contain 13 to 21 carbon atoms. Fats with short-chain fatty acids contain less than 6 carbons. However, medium-chain fatty acids in MCTs contain 6 to 12 carbons.

Due to the shorter chain length of MCTs, they are rapidly broken down and are absorbed easily into the body. These factors makethem a fast source of energy and less likely to be accumulated as fats. A diet with high MCTs could alsohelp with weight loss through increased fullness, lowered calorie intake, enhanced calorie burning, and less fat storage. Thus, MCTs have also become a popular supplement among bodybuilders and athletes.

MCT’s Newfound Application in Functional/Health Beverages

MCT oil has gained popularity in the food and beverage sectoracross the globe. While some companies are selling MCT oil as a separate product to be mixed with various beverages, other companies are using it in their ready-to-drink products. For instance, Each SKU in Metabrew’s nut-buttered, dairy-free teaand coffee range has 5 gmof MCT oil per 11 oz of drinks. Unlike other butter coffees that have a lot of calories and fats, these drinks contain relatively low calories and are brewed to fit more easily into customers’normal diet.

Market Overview

According to a report by Grand View Research, Inc., the global medium chain triglycerides (MCT) market is projected to witnessrapid growth during the forecast period (from 2016 to 2025), amountingto USD 2.46 billion by 2025. Increasing popularity of MCT oil among health-conscious people due to its ability to burn fats, provide energy, and improve metabolism is projected to steer the worldwide market. Moreover, rising demand for MCT products in the cosmetics industry is likely to boost the market.

Lonza Group Ltd.; BASF SE, Jarrow Formulas, Inc.; Barlean’s Organic Oils, LLC; NOW Foods; and Wilmar International Ltd. are some of the key companies operating in the global medium chain triglycerides (MCT) market.

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Specialty Chemical Manufacturers to Focus on Production of Bio-based Products

Specialty chemicals are specially-designed chemical products that provide numerous effects suitable for various applications. Some of the categories of these chemicals are agrochemicals, adhesives, cosmetic additives, cleaning materials, food additives, construction chemicals, textile chemicals, and lubricants. Over the coming years, demand for specialty chemicals is likely to remain high in industries such as automotive, cosmetics, food and beverages, textile, and agriculture.

What are ‘Specialty Chemicals’?

Specialty chemicals are often also referred to as effect chemicals, formulation chemicals, or performance chemicals. Selection of a specialty chemical is mostly dependent on its performance or function. These chemicals can be unique molecules or a mixture of molecules known as formulations. Chemical and physical characteristics of their molecules and composition of the mixtures influence the performance of end products.

AkzoNobel Collaborates with Itaconix to Develop Bio-based Polymers

Rising concerns pertaining to environmental degradation are prompting specialty chemical manufacturers to focus on eco-friendly products. They are shifting toward renewable bio-based raw materials that can be as reliable and efficient as synthetic products. For instance, in July 2017, AkzoNobel’s specialty chemical business teamed up with Itaconix to develop bio-based polymers. These polymers can be commercially used in construction and coatings industries. 

Another case in point is Genomatica, a biotech company. In August 2017, the firm announced the entry of its bio-based specialty chemicals in the commercial market. The company is making specialty chemicals using natural, sustainable, and plant-based ingredients that will reportedly showcase greater performance than fossil-fuel-derived alternatives. Increase in collaborations and technological innovations are anticipated to encourage the development of bio-based specialty chemicals.

Market Insights

Soaring demand for function-specific and high-value chemicals for development of novel products can play an important role in the growth of the global specialty chemicals market. Specialty chemicals are preferred over commodity products owing to their specialized and advanced features. Therefore, growth of end-use industries such as automotive, construction, agriculture, and electronics is expected to drive the market, finds Grand View Research Inc. in a study.

On the other hand, stringent environmental regulations regarding usage of synthetic chemicals due to their toxic nature can adversely affect market growth. Volatile prices of raw materials are also expected to act as a roadblock in the development of the market. 

Some of the prominent players in the market are The Dow Chemical Company, BASF, ExxonMobil, Henkel, and PPG Industries.

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Adoption of Fatty Amines to Augment with Development of High Biodegradability Products

Rising awareness regarding benefits of fatty amines is fueling their demand across several industries. Fatty amines are used as corrosion resistant agents in industries such as construction, chemical-manufacturing, and petroleum. In the pharmaceutical industry, they are used to manufacture CNS drugs, antibiotics, antifungals, anthelmintics, and neoplastic chemotherapy. They are also used in toiletries and cosmetics industries to manufacture personal-care products, dishwashing detergents, and fabric softeners. They also find application in textile manufacturing, color reprography, and gas treatment.

Usage of Fatty Amines in Development of Starch-based Films

Fatty amines are nitrogen-based derivatives of fatty acids, alcohol, and olefins, which are manufactured from fats and oils, natural sources, and petrochemical raw materials. They show strong adherence to surfaces by either physical or chemical bonding, owing to their cationic nature. By type, they can be categorized into primary, secondary, and tertiary fatty amines.

Escalating demand for products with high biodegradability and soaring need for sustainable solutions are stimulating the adoption of fatty amines in different segments of the chemical industry. To put this in perspective, in April 2017, a team of scientists from Agricultural Research Service (ARS) developed a new starch-based film or coating. This coating can make paper or other materials more biodegradable and water-resistant. To prepare this film, scientists used high-amylose corn starch and soybean oil-derived fatty amine salts. The film has adequate strength and flexibility and with further advancements can replace synthetic products in future. 

Market Insights

Abundant availability and inexpensive prices of raw materials, coupled with low production cost and low toxicity levels, are likely to propel the global fatty amines market. Rising disposable income of people, especially in emerging countries, is boosting consumption of personal-care and cosmetic products. This, in turn, is estimated to spur the demand for fatty amines, finds Grand View Research. Introduction of innovative technologies and extraction processes is also likely to augur well for the market.

On the flip side, continual changes in environmental regulations can hamper the growth of the market. Furthermore, surfactant producers are shifting to bio-based yet low-cost petrochemicals alternatives, which is anticipated to limit widespread adoption of fatty amines. 

Some of the key players in the market are Huntsman International LLC, Dow Chemical company, Kao Corporation, Ecogreen Oleochemicals GmbH, and Akzo Nobel NV.

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Carboxymethyl Cellulose Integral to Drug Manufacturing Process

Cellulose fibers have multiple roles as thickening and mixing agents in various sectors. Rising preference for the products made from naturally-derived ingredients is expected to result in immense demand for carboxymethyl cellulose.

What is Carboxymethyl Cellulose?

Carboxymethyl cellulose (CMC) is a cellulose derivative used as a thickener or stabilizer. Its sodium salt derivative, sodium carboxymethyl cellulose is utilized as a food additive and is deemed safe by the US Food & Drug Administration (FDA). Sodium CMC finds applications in the ice cream industry as an adhesive to stop the ice creams from separating.

Other significant industries using CMC include paper & pulp, oil & gas, pharmaceutical, and medical. The rise in offshore shale exploration activities in the US is expected to drive the demand for carboxymethyl cellulose in North America. Research into its properties has even led to its usage in thermoplastics.

Injection Molding

Rayonier Performance Fibers collaborated with the USDA Forest Products Laboratory to manufacture thermoplastics using cellulose-based fibers. The company registered a patent for compressing cellulose fibers into pellets. It uses a mixture of wet pulp and sodium CMC to produce pellets. These pellets are then melt compounded to produce pellets for injection molding.

Drug Manufacturing

The medical sector has recognized the benefits of carboxymethyl cellulose as an excipient in the drug manufacturing process. It is added to the Active Pharmaceutical Ingredient (API) in drugs to provide moisture during extreme temperatures. In addition, researchers have developed microneedles to deliver drugs for the less invasive drug delivery methods. These dissolvable microneedles are made from CMC and layered double hydroxide nanoparticles.

Market Overview

The worldwide carboxymethyl cellulose market is expected at nearly USD 1.9 billion by 2025, according to Grand View Research, Inc. It stood at USD 1.2 billion in 2016. The market is anticipated to grow at a significant CAGR over the forecast period (2014 to 2025). High demand for eco-friendly products is the key market driver. Advances in CMC manufacturing is expected to further support market growth in the forthcoming years.

In 2016, food & beverage led the global market owing to widespread applications as a stabilizer in bakery products. It is expected to display a 5.3% CAGR over the forecast period. Asia Pacific accounted for nearly 41% demand share in 2016. It may continue exhibiting a robust CAGR till 2025. Prominent market players are Daicel FineChem Ltd., The Dow Chemical Company, Nippon Paper Industries Co., Ltd., and Akzo Nobel N.V.

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Saffron: A Natural Flavoring and Coloring Ingredient

Saffron is a unique and extravagant spice known for its coloring, flavoring, and medicinal properties. These dried threads are extracted from the flowers of crocus sativus plant. Decent saffron yield requires cold and dry climate with enough rainfall or irrigation. The flowers are usually collected in the early-morning hours and their stigma is separated and processed.

Saffron Identification

Fresh saffron is available in spice markets. It is bright reddish golden in color. It releases a pleasing aroma and golden-yellow color, when rubbed between two fingers and when soaked in water or milk. This spice has a unique, pungent bitter-honey taste. Saffron is widely used in food and beverages industry is a fragrant, coloring, and flavoring agent.

Major Applications

Saffron is used in dairy and confectionary to prepare flavored milk, ice-creams, cakes, muffins, baking powder, jellies, jams, teas, and other such products.

Saffron is antiseptic, antioxidant, and anti-depressant. Hence it is found beneficial for treating mild to moderate depression, skin diseases, eye diseases, and other illnesses. It consists of key ingredients such as crocin and safral that can be used in the manufacturing of several antibiotics. Saffron is also used in cosmetic industry to manufacture skin care products such as fairness creams, cleansers, and anti-blemish lotions.

Saffron is used in textile and paint industries owing to its natural colorant properties. It finds applications in dying and perfumes as a replacement of chemical color pigments.

Saffron Green Tea

Bliss Blend Organic Tea, an Australian organic tea manufacturer has recently developed SaffronGreen Tea. It is produced using organic green tea and saffron. This antioxidant tea can improve digestion and eye health. The product is available in Unbleached & Biodegradable Tea Bags.

Market Overview

According to Grand View Research, Inc.; the worldwide saffron market is anticipated to attain USD 2 billion by 2025. Applications in food, medical, cosmetic, textile, and paint industries may propel demand during the forecast period (2014 to 2025).

Europe is predicted to witness significant grown in terms of revenue in the near future. In 2015, it stood at over USD 250 million on account of high demand from food and healthcare sectors. Asia Pacific is expected to remain the second largest market over the forecast period. This growth is attributed to rapid development in food, medical, and cosmetic industries. India is expected to be the major supplier of saffron due to easy availability of skilled labor.

Key companies operating in the global market are Iran Saffron Company; Gohar Saffron; Saffron Business Co.; and Rowhani Saffron Co.

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Agar Agar Gum: A Natural Boon for Vegans

Growing number of vegans and vegetarians across the world has encouraged numerous alternatives for animal-based products in the food industry. Gelatine is a highly popular, animal-based key ingredient in desserts, confectionaries, and other such dairy products. It is considered non-vegetarian by many, because it is obtained from animals. This drives the demand for gelatine substitutes. Agar-agar gum is one of the commonly preferred alternatives. 

What is Agar Agar gum?

This natural hydrocolloid is extracted from red seaweed species like Gelidium, Gracilaria, and Pterocladia. These species belong to rhodophyceae class and they grow over the ocean rocks. They are also artificially harvested to meet the growing demand. Agar gum is available in strips, squares, and powder forms and is widely used in dairy products.

Agar Agar Flakes

Recently, Eden Foods introduced their Agar Agar Flakes. These vegetable flakes can be used in preserves, fruit aspics, pie fillings, and other foods products. It is one of the naturally prepared gelatine substitutes that is tasteless and odorless in nature. It is free of fat and contains low amount of sodium. Hence, it can be utilized as a healthy alternative for gelatine.

More than a Gelatine Substitute

Agar gum is basically used for its gelling properties that can be useful in food industry for thickening, binding, stabilizing, and texturizing. Agar gum consist of an outstanding heat resistance and stabilizing abilities. Agar agar gum can be used in many other applications such as pharmaceutical, microbiology, and biotechnology. Agar in its hydrated form can assist in digestion. It is also used in making emulsions and capsules in clinical lubricants. In radiology, agar acts as a suspending agent for Barium Sulphate. Agar is used for preparing dental casts in prosthetic dentistry. In biotechnology, it is used for plant tissue culture. 

Market Overview

According to a report by Grand View Research, Inc.; the global agar agar gum market is predicted to gain nearly USD 345.3 billion by 2025. Changing consumer preference for animal-free products and healthy diets can drive the market during the forecast period (2014 to 2025). Microbiological & molecular applications are expected witness rapid expansion in the forthcoming years. 

Asia Pacific is anticipated to expand at the highest CAGR of around 5.4% till 2025. Key companies operating in the market are Marine Science Co. Ltd.; Myeong Shin Agar; Indoalgas; Central Drug House (P) Ltd.; Able Sales Company, Inc.; and Orient Resources Company.

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Green Leather Tanning with Eco-friendly Tannin

Tannins are astringent polyphenolic compounds that precipitate proteins, alkaloids, and amino acids. These naturally occurring biomolecules are found in certain types of woods and plants such as spices, nuts, and tea. They are also found in grape skins, stems, and seeds. Tannins are scientifically known as polyphenols. Tannin biomolecules are widely present in numerous plants & trees, where they act as pesticides. Tannins also benefit in growth regulation and protection from predation.

“Green” Leather Tanning

Recently, the Central Leather Research Institute (CLRI), a division of the Council for Scientific and Industrial Research (CSIR), developed a biodegradable dispersing agent. It allows chrome tanning of leather using only half the quantity of the standard product. It saved almost 15 million liters water per day in the Indian leather industry alone. This innovative product can save approximately 200 million liters water a day on global scale. This technology is expected to protect the rivers from lethal sulfates and chromium effluents that are mixed in about 170 million liters of water on a daily basis!

Innovation is the Goal

This advanced technology is aimed to benefit such as cost saving, time economy, water conservation, waste management, and reduced process steps. It offers “dry tanning” as a product and another “waterless chrome tanning” method. However, thorough training is required for the tannery workers to learn the use of salts to preserve animal skins during the main processing stage.

Market Insights

According to Grand View Research, Inc.; the global tannin market is projected to witness a lucrative growth over the forecast period (2014 to 2025). Growing demand from leather manufacturing and wine production is anticipated drive the global market. Laffort S.A.; Tannin Corporation; W. Ulrich GmbH; UCL Company (Pty) Ltd.; and S.A. Ajinomoto OmniChem N.V. are some of the key companies operating in the global market.

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