News Article | February 27, 2017
ROCKLEDGE, Fla., Feb. 27, 2017 (GLOBE NEWSWIRE) -- Elev8 Brands, Inc. (OTC Pink:VATE) a company with a new premium hemp seed coffee blend, that also plans to bring to market hemp water products and supplements, all of which will focus on the health and fitness markets, announces its revolutionary hemp coffee is now available for purchase on Amazon.com. Chief Executive Officer, Ryan Medico commented, “This is an exciting day for our company as we launch Elev8 Hemp Coffee on the largest e-commerce platform, Amazon.com. Our team has worked diligently in product development and the Amazon.com launch is the first accomplishment of many milestones we have planned for Elev8 Hemp Coffee.” Elev8 Hemp Coffee is a premium blend of Columbian, Guatemalan and Brazilian sourced organic, Fair Trade Certified coffee beans, infused with organic hemp protein powder. Elev8 Hemp Coffee is branded as a “superfood” hemp coffee that packs the ideal balance of omega-3 and omega-6 and important nutrients such as magnesium, Vitamin E, and zinc. Medico stated, “Our formulation team spent a considerable amount of time with our roasting partner to match the world’s most favorable coffee beans with hemp’s nutty flavor profile. We are confident Elev8 Hemp Coffee is a masterpiece and look forward to customer reviews and feedback.” Elev8 Hemp Coffee continues to break boundaries with its state-of-the-art packaging which is 100% compostable and leaves a positive impact on the environment. Elev8 Hemp Coffee also meets the growing single-serve market with cups that are made of bamboo and corn PLA which are compostable and considered “landfill” free. Continuing the momentum of product availability on Amazon.com the company sets its sights on retail and distribution channels such as Whole Foods Market, Publix, and Kroger. Medico concluded, “We are extremely proud to launch on Amazon.com and look forward to updating shareholders on our continued progress.” Elev8 Hemp LLC is a wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on the development and marketing of hemp-based food, beverage, and health care products including hemp coffee, hemp water, and hemp-based skin care products. Please visit, http://www.elev8hemp.com for more information or shop with us at www.amazon.com/shops/elev8hemp. The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
News Article | March 2, 2017
LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global gloves market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. Sarah Haque, a lead research analyst from Technavio says, “The global gloves market is expected to witness robust growth at a CAGR of more than 10% during the forecast period. The growth can be attributed to the increased use of gloves in the two major end-user segments comprising of industrial/commercial users and individual users.” Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. The top three emerging market trends driving global gloves market according to Technavio research analysts are: Use of green and recyclable material Glove manufacturers continue to emphasize on sustainability and green manufacturing processes. The hand protection product manufacturers, regulators, and marketers are stressing on green manufacturing with the use of green resources like sun and wind power. This can help minimize costs by reducing the use of water and electricity. The growing demand for green products will lead to innovations in new manufacturing processes, ensuring that vendors are committed to using environment-friendly alternatives rather than petroleum-based plastics. “Vendors are also focusing on using raw materials that minimize the carbon footprint. They are starting to use materials that are recyclable in nature. For instance, Vegware is providing foodservice disposable gloves made up of plant-based PLA. These gloves can be recycled as they are made of plant fiber,” says Sarah. The current market scenario for any commodity and equipment involves constantly striving to innovate and keep abreast with technological advances. Recent developments in the gloves market include touch screen gloves. Due to extreme weather conditions, gloves are a must to keep warm. However, this prevents the usage of smart devices which are based on two touch technologies –– resistive and capacitive. Resistive technology requires one to push down on the touchscreen, whereas capacitive requires actual touch. These touch screen gloves employ conductive material to transfer electric current from the body to the device, enabling the use of touchscreen devices. Vinyl gloves, mainly employed in the food processing and foodservice applications, employ antimicrobial layers. The use of antimicrobial solutions technology (AMT) in the development of these gloves ensures a reduction in the transfer of microbes from the gloves to food items. This technology involves the use of a cost-effective PVC film, which resists fungal and bacterial growth on the gloves. Ansell Healthcare has a product offering called GAMMEX, which is a powder-free surgical glove developed using AMT. This helps address the problem of surgical site infection and reduces the risk of microbial transmission. Therefore, these gloves can be employed for applications that require a high degree of non-contamination and cleanliness. Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like category spend intelligence, furniture and home furnishing, and health and wellness. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently. Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at firstname.lastname@example.org.
News Article | February 28, 2017
MINNETONKA, Minn.--(BUSINESS WIRE)--Today NatureWorks introduced Ingeo™ 3D870, a new cost-effective grade for 3D filament manufacturers looking for innovative means of expanding sales into the industrial prototyping and additive manufacturing market. Feedback from filament manufacturers that have trialed the product commend the ease of processing Ingeo 3D870 and printer manufacturers praise its printability; both have uniformly said there are no materials available today that provide this combination of superior filament processing, printability, and printed part performance characteristics. With its 3D series of Ingeo grades, NatureWorks is the leading supplier of PLA to the 3D filament manufacturing industry. Every filament carrying NatureWorks’ Ingeo brand name has passed a defined set of tests to assure the quality of the product. Quality filament ensures reliable printing and predictable performance. NatureWorks developed Ingeo 3D870 to meet the growing demand by industrial companies for a material that combines the properties of ABS and the printability of Ingeo PLA. Ingeo 3D870 complies with chemical inventory listings in key markets in North America, Asia, and Europe, which expands sales opportunities for filament manufacturers. Parts produced with the formulation exceed ABS 3D parts in impact strength and, with post-print annealing, rival ABS heat resistance. Ingeo General Purpose PLA is good for many applications, including 3D printing, but 3D850 and 3D870 have been designed specifically for 3D printing. Building on reliable, easy printability, these two grades offer good UV color lightfastness, low yellow index, and can be crystallized to realize additional heat and impact properties. 3D870 was designed specifically for the impact strength required in industrial applications. Filament manufacturers interested in learning more about the ease of processing Ingeo 3D870 into filament, its printability, and ABS-rivaling performance are invited to contact their NatureWorks representative or local distributor. Users interested in learning where to purchase filament from recommended suppliers are encouraged to visit our suppliers guide. For more information on NatureWorks and Ingeo, visit www.natureworksllc.com. Follow NatureWorks on Twitter (@natureworks) for the latest updates. About NatureWorks NatureWorks LLC is a company dedicated to meeting the world’s needs today without compromising the earth’s ability to meet the needs of tomorrow. Today, NatureWorks is a world leading biopolymers supplier and innovator with its Ingeo portfolio of naturally advanced materials made from renewable, abundant feedstocks with performance and economics that compete with oil-based intermediates, plastics, and fibers, and provide brand owners new cradle-to-cradle options after the use of their products. NatureWorks is jointly owned by Thailand’s largest chemical producer, PTT Global Chemical, and Cargill, which provides food, agriculture, financial and industrial products and services to the world. For general information on NatureWorks and Ingeo, visit www.natureworksllc.com.
News Article | February 15, 2017
Methicillin-resistant Staphylococcus aureus (MRSA) infections are caused by a type of staph bacteria that has become resistant to the antibiotics used to treat ordinary staph infections. The rise of MRSA infections is limiting the treatment options for physicians and surgeons. Now, an international team of researchers, led by Elizabeth Loboa, dean of the University of Missouri College of Engineering, has used silver ion-coated scaffolds, or biomaterials that are created to hold stem cells, which slow the spread of or kill MRSA while regenerating new bone. Scientists feel that the biodegradable and biocompatible scaffolds could be the first step in the fight against MRSA in patients. "Osteomyelitis is a debilitating bone infection that can result when MRSA invades bone tissue, including bone marrow or surrounding soft tissues," said Loboa, who also is a professor of bioengineering. "Increasingly, those in the healthcare profession are running out of choices when it comes to treating MRSA while regenerating tissue. Using previously reported scaffolds that were created in our lab, we set out to determine the efficacy of coating these structures with silver ions and whether they were useful in treating or preventing osteomyelitis." The scaffolds were created from a polymer called polylactic acid (PLA), which is an FDA approved material that eventually biodegrades in the body. Next, researchers applied a silver ion releasing coating to the scaffolds and "seeded" them with fat-derived adult stem cells that could be "triggered" to create bone cells. Researchers also seeded the scaffolds with MRSA so that they could observe whether silver ions could fight the bacteria. The scientists found that the silver ion-releasing scaffolds not only inhibited MRSA, but also supported bone tissue formation. "Silver is well known for its antimicrobial properties and is highly toxic to a wide range of microorganisms such as MRSA," Loboa said. "Silver ions work mechanically--they actually disrupt the cellular machinery of MRSA. Our research now has shown that bone tissues still can be formed even in the presence of MRSA. We've created the materials needed for bone tissue engineering that will allow patients to use their own fat cells to create patient-specific bone and surgically implant those cells and tissues while diminishing, or potentially eliminating, the risk of MRSA infection." The early-stage results of this research are promising. If additional studies are successful within the next few years, MU officials could request authority from the federal government to begin human device development. After this status has been granted, researchers may conduct human clinical trials with the hope of developing new treatments for osteomyelitis. Their findings, "Evaluation of Silver Ion-Releasing Scaffolds in a 3-D Coculture system of MRSA and Human Adipose-Derived Stem Cells for Their Potential Use in Treatment or Prevention of Osteomyelitis" recently was published in the journal Tissue Engineering, Part A. The research team included Mahsa Mohiti-Asli and Casey Molina of the Joint Department of Biomedical Engineering at the University of North Carolina and North Carolina State University, Diteepeng Thamonwan of Silpakorn University in Thailand, and Behnam Pourdeyhimi of NCSU. Editor's Note: For more on the story, please see: http://engineering.
News Article | February 21, 2017
Time to Plan for the Big Day With an acute understanding of how long it takes to plan a wedding ceremony, National Wedding Month takes place in February, well before the most popular time of the year for tying the knot. Brides and grooms to be can use this month to get ready for their big days, and employ Lightning Labels to help make the graphic elements as professional and eye-catching as possible. The same all-digital printing processes that give companies stunning product packaging can brighten a ceremony when the happy couple purchases custom labels for wedding favors. Many different types of labels are available, and they can help ensure guests remember the reception for years to come. Favors That Look Amazing A number of different items can bear custom labels that include the names of the bride and groom, the date of the ceremony and potentially the venue. When these custom labels for wedding favors match the overall decor and color scheme of the ceremony, they'll help the whole scene come together. The following are a few of the options available to couples from Lightning Labels: Time to Order Labels With National Wedding Month underway, it's a clear sign that couples planning for late spring or summer weddings should be far along in their planning activities. Ordering from Lightning Labels now means getting the related products with time to spare before the big day. "The same labels that have impressed companies of all sizes and industries can contribute to memorable and beautiful wedding ceremonies," added Lightning Labels Director of Business Development AnneMarie Campbell. The traits that make Lightning Labels such a valuable business partner – lightning fast speed, commitment to quality, customer service responsiveness and more - solidify its place in wedding plans. About Lightning Labels: Lightning Labels uses state-of-the-art printing technology to provide affordable, full-color custom labels and custom stickers of all shapes and sizes. From small orders for individuals to the bulk needs of big businesses, Lightning Labels is equipped to handle and fulfill custom label and sticker projects of all types. Best of all, like the name implies, Lightning Labels provides a quick turnaround for every customer's labeling needs. Uses for Lightning Labels' custom product labels and custom stickers include food packaging and organic food labels, wine and beverage labels, bath and body labels, and nutraceutical products, such as vitamins, essentials oils, and herbal remedies, as well as event stickers, adhesive window stickers and more. Lightning Labels strongly supports the development of environmentally friendly printing materials and carries EarthFirst PLA, a new kind of green label material made from corn instead of petroleum. While operating as a high-tech printer, Lightning Labels prides itself on its personalized customer service. Lightning Labels provides one stop shopping for all of your custom label needs. For more information and to place orders online, visit LightningLabels.com. For the latest in packaging news and labeling promotional offers, find Lightning Labels on Twitter (@LightningLabels), Facebook, Pinterest, Google+ and LinkedIn.
News Article | February 21, 2017
Research and Markets has announced the addition of the "Global Bioplastics & Biopolymers Market Analysis & Trends - Industry Forecast to 2025" report to their offering. The Global Bioplastics & Biopolymers Market is poised to grow at a CAGR of around 12.8% over the next decade to reach approximately $8.9 billion by 2025. This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. Some of the prominent trends that the market is witnessing include favorable government regulations and policies, growing concern for human health, recent technological developments of bioplastics & biopolymers and growth opportunities/investment opportunities. Based on Material Type the market is categorized into Bio Polyethylene (Bio-PE), biodegradable polyester, biodegradable starch blends, Bio-Polyethylene Terephthalate (Bio-PET), Poly Hydroxyalkanoate (PHA), Poly Lactic Acid (PLA), regenerated cellulose and other material types. Segregating Global Network Outsourcing market by application, it can be broadly diversified into agriculture, automotive, bottles, consumer products, packaging, textiles and other applications. For more information about this report visit http://www.researchandmarkets.com/research/752zrj/global
News Article | February 27, 2017
BAINBRIDGE, GA & PURCHASE, N.Y.--(BUSINESS WIRE)--Biotechnology leader Danimer Scientific and global food and beverage company PepsiCo, Inc. (PEP) have announced an agreement that includes development of Danimer Scientifics’ biodegradable film resins to meet the sustainable flexible packaging requirements of PepsiCo’s global food and beverage business. The agreement builds on a long-standing relationship that has included the development of bio-based compostable packaging for PepsiCo’s snack brands and will facilitate the expansion of Danimer Scientifics’ NodaxTM PHA plant. In October 2016 PepsiCo announced its 2025 sustainability agenda, which includes the intent to reduce greenhouse gas emissions across its value chain and design 100 percent of its packaging to be recoverable or recyclable. This goal is part of PepsiCo’s decade-long Performance with Purpose initiative to deliver top-tier financial performance over the long term by integrating sustainability into its business strategy. This collaboration is also expected to help expedite PepsiCo’s transition to packaging that is completely biodegradable for their snack food portfolio by incorporating NodaxTM PHA bioplastic into certain of its next-generation snacks packaging. “From the start PepsiCo has taken a holistic approach to our sustainability work,” said PepsiCo Vice Chairman and Chief Scientific Officer Dr. Mehmood Khan. “Our first objective is achieving long-term profitability and that requires sustainable solutions to grow our business while minimizing our environmental impact. Our plan to scale Danimer Scientifics’ technology is a step toward achieving both our greenhouse gas emission reduction and our recoverable and recyclable packaging goals.” “Danimer Scientifics’ partnership with PepsiCo marks a significant milestone as we continue to expand our biopolymer technology to provide innovative bioplastic solutions to a wider range of applications and products,” said Danimer Scientific’s CEO, Stephen Croskrey. “We’ve been developing a relationship with PepsiCo for the last seven years, and as one of the largest food and beverage companies in the world, their commitment to limiting the environmental impacts of their products can actuate real change in the way of sustainability.” NodaxTM PHA is a naturally occurring biopolymer produced by microbial bacteria as they ferment organically sourced oils. Produced using renewable biomass, NodaxTM PHA is both sustainably sourced and proven to be capable of replacing many short-term use petroleum-based plastics, for both performance and price. Traditional plastics are manufactured from chemicals obtained from mined crude oil or natural gas sources. Danimer Scientifics’ NodaxTM PHA received the first ever OK Marine Biodegradable certification from Vinçotte International, validating that the biopolymer safely biodegrades in salt water environments, leaving no toxins behind. NodaxTM PHA possesses seven Vinçotte certifications and statements of industrial and home compostability, biodegradability in anaerobic, soil, fresh water, and marine environments, and is bio-based. All of Danimer Scientifics’ biopolymers, including NodaxTM PHA, are FDA approved for food contact. Danimer Scientific is a recognized world leader in the development of polyhydroxyalkanoates (PHA) and a specialist in the customization of biopolymer formulations that combine PHA, PLA and other biopolymers through a proprietary reactive extrusion process. Supported by a world-class group of dedicated, highly skilled team members, Danimer Scientific offers a comprehensive selection of biopolymers that support the company’s core values of utilizing sustainable and renewable bioplastics to improve people’s lives at work and home. Danimer Scientific and its subsidiaries currently own more than 125 patents across nearly 20 countries. Danimer Scientific is headquartered in Bainbridge, Ga. For more information, visit DanimerScientific.com. PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated approximately $63 billion in net revenue in 2016, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. At the heart of PepsiCo is Performance with Purpose – our fundamental belief that the success of our company is inextricably linked to the sustainability of the world around us. We believe that continuously improving the products we sell, operating responsibly to protect our planet and empowering people around the world is what enables PepsiCo to run a successful global company that creates long-term value for society and our shareholders. For more information, visit www.pepsico.com. Statements in this communication that are “forward-looking statements” are based on currently available information, operating plans and projections about future events and trends. Terminology such as “aim,” “anticipate,” “believe,” “drive,” “estimate,” “expect,” “expressed confidence,” “forecast,” “future,” “goal,” “guidance,” “intend,” “may,” “objective,” “outlook,” “plan,” “position,” “potential,” “project,” “seek,” “should,” “strategy,” “target,” “will” or similar statements or variations of such terms are intended to identify forward-looking statements, although not all forward looking statements contain such terms. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. Such risks and uncertainties include, but are not limited to: changes in demand for PepsiCo’s products, as a result of changes in consumer preferences or otherwise; changes in the legal and regulatory environment; imposition of new or increased taxes aimed at PepsiCo’s products; imposition of labeling or warning requirements on PepsiCo’s products; changes in laws related to packaging and disposal of PepsiCo’s products; PepsiCo’s ability to compete effectively; and unstable political conditions, civil unrest or other developments and risks in the markets where PepsiCo’s products are made, manufactured, distributed or sold. For additional information on these and other factors that could cause PepsiCo’s actual results to materially differ from those set forth herein, please see PepsiCo’s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
News Article | February 17, 2017
FILE PHOTO - Soldiers of China's People's Liberation Army (PLA) Navy patrol near a sign in the Spratly Islands, known in China as the Nansha Islands, February 9, 2016. The sign reads 'Nansha is our national land, sacred and inviolable.' REUTERS/Stringer/File Photo BEIJING (Reuters) - China's Foreign Ministry on Wednesday warned Washington against challenging its sovereignty, responding to reports the United States was planning fresh naval patrols in the disputed South China Sea. On Sunday, the Navy Times reported that U.S. Navy and Pacific Command leaders were considering freedom of navigation patrols in the busy waterway by the San Diego-based Carl Vinson carrier strike group, citing unnamed defense officials. Chinese Foreign Ministry spokesman Geng Shuang said tension in the South China Sea had stabilized due to the hard work between China and Southeast Asia countries, and urged foreign nations including the U.S. to respect this. "We urge the U.S. not to take any actions that challenge China's sovereignty and security," Geng told a regular news briefing on Wednesday. The United States last conducted a freedom of navigation operation in the area in October, when it sailed the guided-missile destroyer USS Decatur near the Paracel Islands and within waters claimed by China. Dave Bennett, a spokesman for Carrier Strike Group One, said it did not discuss future operations of its units. "The Carl Vinson Strike Group is on a regularly scheduled Western Pacific deployment as part of the U.S. Pacific Fleet-led initiative to extend the command and control functions of the U.S. 3rd Fleet," he said. "U.S. Navy aircraft carrier strike groups have patrolled the Indo-Asia-Pacific regularly and routinely for more than 70 years," he said. China lays claim to almost all of the resource-rich South China Sea, through which about $5 trillion worth of trade passes each year. Brunei, Malaysia, the Philippines, Taiwan and Vietnam also claim parts of the waters that command strategic sea lanes and have rich fishing grounds, along with oil and gas deposits. The United States has criticized Beijing's construction of man-made islands and build-up of military facilities in the sea, and expressed concern they could be used to restrict free movement.
News Article | January 19, 2017
Nanotechnology - What You Should Know Graphene - Here's What You Should Know The era of renewable plastics seems to be here. This follows the feat of scientists at the University of Bath who developed a process for making renewable plastic from a chemical called pinene found in pine needles. The breakthrough is deemed significant for the scientists who are attached to the Centre for Sustainable Chemical Technologies (CSCT) seeking to replace current plastics made from crude oil that is unsustainable. The research is at an early stage and they have made a few grams but the hope is there to scale up the quantities. "We're not talking about recycling old Christmas trees into plastics, but rather using a waste product from an industry that would otherwise be thrown away, and turning it into something useful," explained Helena Quilter, Ph.D. student at the Center for Sustainable Chemical Technologies. The results of the research have been published in the journal Polymer Chemistry. Degradable plastics, made from polylactic acid (PLA) derived from corn and sugar cane earns its flexibility by mixing with rubbery polymer caprolactone, which originates from crude oil. However, that is not sustainable. In the new scenario, if pinene is turned into a rubber polymer, it can replace caprolactone and emerge as an eco-friendly alternative to petrochemicals. Optimism persists that by combining pinene polymer with PLA, 100 percent sustainable plastic that is usable in food packaging and plastic bags can be created. The best part of the project is the effort in making plastic from sustainable sources in a big difference to the environment. "This reduces our reliance on fossil fuels and provides a renewable feedstock that has the potential to revolutionize the chemical industry," noted Professor Matthew Davidson, who is the Director of the CSCT. The Bath university researchers are expecting a wide range of applications to the renewable plastic including medical implants. According to them, efforts are on to tap other terpenes including limonene from orange to replace petrochemicals in many products like plastics and pharmaceuticals. Meanwhile, a market research group has predicted big growth for the global bioplastics market with at least 30 percent annual growth. In the report, "Global Markets and Technologies for Bioplastics", BCC Research examined the global bioplastic market scenario for five-years from 2015 to 2020. It defines bioplastics as polymer materials produced by the synthesis of materials containing renewable organic materials and also looks at the use of renewable resources that create bio-monomers to replace petroleum-based monomers. The expanding market of bio-based materials and chemicals markets has been mentioned by Lux Research's latest report. It said the trend is reflective of the drive for sustainability and quest for alternatives to petroleum feedstocks. That change is also echoing in the funding preferences of Venture Capitalists. In 2016, The VCs' shifted focus to disruptive synthetic biology and conversion technologies. It said Synbio start-ups took $300 million in funding that was almost 53 percent of all VC funding in 2016. © 2017 Tech Times, All rights reserved. Do not reproduce without permission.
News Article | February 16, 2017
The report "Industrial Alcohol Market by Type (Ethyl, Methyl, Isopropyl, Isobutyl, Benzyl Alcohol), Source (Sugar & Molasses, Corn, Grains, Fossil Fuels), Application (Personal Care, Pharmaceutical, Fuel, Food, Chemical), and Region - Global Forecast to 2022", published by Markets and Markets, is projected to reach USD 180.83 Billion by 2022 in terms of value, at a CAGR of 9.8% from 2017 to 2022. Browse 71 market data Tables and 66 Figures spread through 169 Pages and in-depth TOC on "Industrial Alcohol Market" Early buyers will receive 10% customization on this report. Industrial alcohol is widely accepted either as a reagent or solvent in a wide number of applications, such as the pharmaceutical, personal care, energy sector, and chemical industries. Their multi-functionality increases its adoption in end-use applications. Also, the growing demand of biofuel and increase in demand for alcohol across varied sectors has expanded the application areas of industrial alcohol. Ethyl alcohol is projected to be the largest segment The ethyl alcohol segment is estimated to account for the largest market share in the Industrial Alcohol Market in 2017, due to its wide range of applications in the biofuel industry. Ethyl alcohol is considered as the most widely used industrial alcohol, owing to their multi-functional properties and their vast applications in the biofuel, pharmaceutical, personal care, food ingredients, and chemical industries. Following ethyl alcohol, methyl alcohol occupies a dominating share in the Industrial Alcohol Market, owing to its high demand in the chemical industry and the growing demand in biodiesel application. The fuel segment accounted for the largest share in the Industrial Alcohol Market, in terms of value and volume, in 2015. Due to functional properties such as high octane number and flammability characteristics, ethyl alcohol, methyl alcohol, and isobutyl alcohol are widely used in the fuel and energy sector. Increase in demand for biofuel and growing awareness of deteriorating environment quality are driving the demand for industrial alcohol in the fuel sector. With the increasing environmental concerns, massive government support for the development of bioethanol in developed countries, wide applications of industrial alcohol among majority of sectors and positive investigations for better and low priced feedstocks create a platform for newer developments of industrial alcohol, which drives the increase in demand and market growth for alcohol-based products. Asia-Pacific is estimated to be the most lucrative market for industrial alcohol In 2017, the North American region is estimated to hold a significant share in the global Industrial Alcohol Market, whereas Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Some factors that influence their share in the market include availability of feedstock such as corn, stringent regulations in the energy sector imposed by the government, increased consumer awareness on environment safety & carbon emissions, strong logistic facilities, and advanced technological developments. Development of ethanol from agricultural wastes and algae is one of the latest trends in the industrial alcohol industry of countries such as the U.S. and Canada. The Asia-Pacific market is driven by the growing demand for industrial alcohol in developing countries such as India, China, and Thailand. The Industrial Alcohol Market report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill (U.S.), Raizen Energia (Brazil), Green Plains Inc. (U.S.), Cristalco (France), and MGP Ingredients (U.S.). Specialty Malt Market by Type (Roasted, Crystal, and Dark), Application (Brewing, Distilling, Non-alcoholic Malt Beverages, Bakery), Source (Barley, Wheat, and Rye), Form (Dry & Liquid), and Region - Global Forecast to 2022 Renewable Chemicals Market - Alcohols (Ethanol, Methanol), Biopolymers (Starch Blends, Regenerated Cellulose, PBS, Bio-PET, PLA, PHA, Bio-PE, and Others), Platform Chemicals & Others - Global Trends & Forecast to 2020 MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets