2011 Chemicals Research Review
- The global market for antiseptics and disinfectants in 2009 was $3.4 billion, and with a 12% increase, sales reached about $3.8 billion in 2010. The market is expected to rise at a compound annual growth rate (CAGR) of 11.1% and reach $7.1 billion by 2016.
- The global paints and coatings market reached an estimated $99.7 billion in 2010. This global market figure is expected to increase with at a compound annual growth rate (CAGR) of 3.2% for the 5-year period of 2010 to 2015 and reach $116.6 billion by the end of 2015.
- The global oilfield chemicals market is projected to increase at a compound annual growth rate (CAGR) of 5.7% between 2010 and 2015 as drilling activities increase, production rates are stimulated, and new wells are brought online. This market should reach a value of $8.2 billion at the manufacturing level by 2015, from a value of $6.2 billion in 2010.
The year 2011 was designated the International Year of Chemistry by the United Nations. Many special events were held to mark the occasion, and as it marked the 100-year anniversary of Marie Curie’s receipt of the Nobel Prize, many of these focus attention on women in chemistry.
Fittingly, the international cooperation mirrored the cooperation increasingly required by chemists to fit into multidisciplinary teams. Traditional boundaries have been dissolved, and chemistry now tackles the big challenges of renewable fuels, next generation drugs, clean water, smaller electronics and safer air flight—alongside physicists, engineers and biologists. For BCC Research our year in chemical market research focused, to some degree, on energy applications.
This Chemicals Research Review provides a sampling of the type of quantitative market information, analysis and guidance that has been aiding business decision making since BCC was founded in 1971.
This 2011 Chemicals Research Review includes excerpts from the following reports:
- Antiseptics and Disinfectants.
- Performance Fluorine Chemicals and Polymers.
- Hydrogen as a Chemical Constituent and as an Energy Source.
- Paints and Coatings: Global Markets & Advanced Technologies.
- Oilfield Process Chemicals: Global Markets.
- Petrochemical (Petroleum and Chemical) Catalysts: The U.S. Market.
We hope you find this Research Review valuable, and we look forward to serving our customers’ chemical market research needs.
The global agrochemicals market was $88.5 billion in 2007 and is expected to reach $196.1 billion in 2014, with a compound annual growth rate (CAGR) of 10.4% from 2009 to 2014. Factors such as global warming, soil erosion by rain, and wind erosion are boosting the need for external nutrients. Hence, fertilizers are found to be the dominating segment in the agrochemicals market. The market for fertilizers was estimated at $48.7 billion in 2007 and is expected to reach $117.8 billion in 2014, for a 5-year CAGR of 11.5% from 2009 to 2014.
The global market for ozone technology is estimated at $557 million in 2010 and is increasing at a compound annual growth rate (CAGR) of about 8.1% during the 5-year forecast period. This figure is much higher than the 4.2% to 4.3% world economic growth rate predicted by the International Monetary Fund for the next few years. Asia is forecast to lead the way, with a growth rate of nearly 9%.
The global market for energy and environmental catalysts was worth an estimated $15.1 billion in 2009. The market is projected to grow to more than $16.3 billion in 2010 and nearly $22.5 billion in 2015 at a compound annual growth rate (CAGR) of 6.6% from 2010 to 2015. Refinery catalysts are projected to lose market share from 2009 to 2015 as other energy applications, such as biofuels, consume increasing amounts of catalysts. However, refining will still account for nearly 60% of the energy catalysts market in 2015.