Metals and Minerals

Format: 2016-07-29
Format: 2016-07-29
July 28, 2016 | 74 Pages | SKU: IRTNTR10019

Overview of the global steel sections market

Technavio’s market research analyst predicts the global steel sections market to grow at a CAGR of more than 5% by 2020. Steel sections are a kind of steel long products, used across several applications including infrastructure and construction, power, industrial machinery, and railway. Steel sections strengthen the structural integrity of buildings, providing them better ability to absorb energy, adapt to extreme conditions, and change forms. These have extensive usage in bridges and columns and other heavy industrialization activities. The growing improvements in non-residential construction is another growth driver for this market. APAC accounts for more than two-thirds of the steel demand with countries like India and China being the steel-intensive markets. With steel gaining momentum as a sustainable construction material, the market for steel sections will witness a positive growth over the next four years.

One of the latest trends gaining grounds in the market is the shift towards using steel scrap as a raw material. Scrap recycling lowers the environmental impact by eliminating the need for iron ore extraction for steel production. This helps in reducing the carbon dioxide emissions, saves energy and water consumption, and also eliminates air pollution. Owing to the several advantages of using steel scrap such as energy and natural


July 28, 2016 | 61 Pages | SKU: IRTNTR10036

Overview of the global heat transfer fluids market

Market research analyst at Technavio has predicted that the global heat transfer fluids market will grow at a CAGR of around 6% during the forecast period.  Heat transfer fluids have a varied range of applications in industries that function in the extreme temperature ranges such as the chemical, solar power, plastics and polymers, and oil and gas industries. Numerous varieties of heat transfer fluids are used in the industries depending upon their applications. Phenol and benzene are the main raw materials used in the manufacturing of heat transfer fluids. The ideal heat transfer fluids have low viscosity and do not freeze at low temperatures, leading to the efficient functioning of the overall system.  At present, the heat transfer fluids market is on the rise because of their increasing requirements across the industrial sector for heat exchangers. Technological advances in the heat transfer fluid products and increasing investments in different end-use markets will significantly contribute to the growth of the heat transfer fluids market during the forecast period.

APAC is the leading region in the market and accounts for around 37% of the total market revenue. Much of the region’s growth can be attributed to the rise of industrialization in countries like India and China. The expansion of the automotive and oil and gas industries, coupled with government initiatives for foreign investment in China and India are the promising factors boosting


July 25, 2016 | 73 Pages | SKU: IRTNTR9328

Outlook of the global aluminum foils market

Technavio’s market research analysts have envisaged the global aluminum foils market to grow steadily at a CAGR of more than 5% over the forecast period. Increasing demand from the healthcare industry is one of the key factors driving the growth of the aluminum foils market in the coming years. The healthcare industry comprises the pharmaceutical and medical devices sectors, both of which are growing rapidly around the world. This increases the scope for vendors of packaging materials to invest in products that offer better quality and reliability. Moreover, several companies are expanding their businesses in emerging economies, which will impel the growth prospects for this market until the end of 2020.

In this industry research study, the analysts have estimated factors such as technological advancements in the production of aluminum foils to spur the growth prospects for this market in the next four years. Aluminum foil producers are adopting new technologies to reduce carbon emission during the production process. For example, Norsk Hydro has started using catalytic exhaust air treatment technology, which is applicable for all foil annealing furnaces. This new and improved technology has helped in significantly reducing the odor in process exhaust, carbon emission, and energy costs. Moreover, due to the increasing cost of electricity, manufacturers are increasingly focusing on using alternative sources of energy; for instance, RUSAL has planned a project for construction of gas-powered electrical generator at Ural Foil to produce its own heat and power for the plant.

Segmentation by end user and analysis of the aluminum foils market

  • Consumer packaging
  • Pharmaceutical packaging
  • Industrial

During 2015, the consumer packaging segment dominated the market and accounted for more than 72% of


July 25, 2016 | 63 Pages | SKU: IRTNTR9096

Overview of the global high-purity alumina market

Technavio’s market research analyst predicts that the global high-purity alumina market will grow at a phenomenal CAGR of over 27% by the end of 2020. A key growth driver for this market is the growing adoption of LED lighting systems. During 2015, single-crystal sapphire used in the manufacture of LEDs accounted for more than 55% of high-purity alumina production. Advantages like its long life span, low radiated heat, reliability, and brightness will lead to the increased adoption of LEDs during the forecast period. Since these lights can easily be adapted and used in industrial, residential, office, retail, hospital, and outdoor settings, its rate of adoption among the end users will also increase significantly. This increase in the adoption of LED lights for a wide array of applications will lead to the strong growth of this market over the predicted period.

In this market research report, analysts estimate factors like the recent increase in aluminous clay resources to impel market growth during the forecast period. Recently, it has been observed that the global high-purity alumina market is characterized by the presence of a supply deficit. However, this deficit can be resolved by the development of a new technology that extracts high-purity alumina from aluminous clay resources. This increase in aluminous clay resources will allow the global market for high-purity alumina to overcome the supply deficit and enhance the production of high-purity alumina.

Segmentation by application and analysis of the high-purity alumina market

  • LED
  • Semiconductor
  • Phosphor

The LED segment is the largest in the global high-purity alumina market and is envisaged to reach approximately 50,000 metric tons by the end of 2020. LED lights are being


July 22, 2016 | 60 Pages | SKU: IRTNTR9205

Outlook of the global silica minerals mining market

Technavio’s market research analyst predicts that the global silica minerals mining market will grow at a steady CAGR of just over 5% during the forecast period. Due to the resurgence of the global gas industry, the silica minerals mining industry has been experiencing a high demand for sand. Silica sand is used in the oil industry for the hydraulic fracturing process as it helps in the extraction of gasses. With the growing demand for silica from oil companies, the growth prospects for this market will witness a stark increase until the end of the predicted period.

The market demand for silica minerals is very high due to an increase in horizontal well drilling by oil companies. Service companies like Schlumberger are always refining fracking techniques and technologies so that they can maximize hydrocarbon recovery from every well. One of the most used techniques is horizontal drilling, which requires more stages in the fracking process. This means that more proppant has to be used at each stage, resulting in a higher need for silica sand. This market trend favors the growth of the silica minerals mining market during the forecast period.

Segmentation by end use and analysis of the silica minerals mining market

  • Glass
  • Hydraulic fracturing
  • Foundry
  • Construction
  • Sports and leisure
  • Chemicals

The glass segment dominates the global silica minerals mining market and is expected to use close to 74 million metric tons of silica minerals by the end of the forecast period. Much of this growth can be attributed to the rise in demand for silica sand from industries such as construction, solar panels, specialty glass, and automotive. Furthermore, with


July 22, 2016 | 58 Pages | SKU: IRTNTR9150

Outlook of the chromium mining market

Technavio’s market research analysts have predicted the global chromium mining market to grow at a moderate CAGR of more than 5% during the forecast period. The increasing demand from the stainless steel market is one of the key factors driving the growth of this market globally. Stainless steel has extensive applications in various industries including manufacturing, construction and infrastructure, automotive, transport, and electrical machinery. Moreover, stainless steel is rust resistant and can be sterilized easily, making it ideal for daily use products. Since chromium is an essential raw material in the production of ferrochrome, growth in the steel industry will indirectly result in the growth of the chromium market during the predicted period.

In this industry research report, the analysts have estimated factors like the increase in production of non-met chromite to bolster the growth prospects of this market until the end of 2020. The production of non-met chromite for foundry and chemical grade chromite is expected to grow in the coming years. Non-met products are a by-product of metallurgical grade chromium production. However, due to the rapid growth, most companies are entering into the manufacture of foundry products. For instance, in 2015, Mineral Technologies entered a joint venture with Glencore to supply foundry grade chromite. With an increasing number of companies manufacturing foundry products, the market for chromium has a positive outlook until the end of 2020.

Segmentation by type and analysis of the chromium mining market

  • Metallurgical
  • Chemical and foundry sand
  • Refractory

In 2015, the metallurgical segment dominated the chromium mining market and accounted for almost 95% of the market share. Metallurgical ore is


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