Thursday, September 30, 2010

Press Release on Indian Thermoplastic elastomers (TPE) Compounding Market Analysis:Trend, Forecast and Opportunity Analysis: 2010-2014”


Allele Life Sciences Pvt Ltd has launched a report on “Indian Thermoplastic elastomers (TPE) Compounding Market Analysis: Trend, Forecast and Opportunity Analysis: 2010-2014” that offers a comprehensive and in depth analysis of market size, applications, potential, key drivers and challenges. The report assesses the commercial potential applications of thermoplastic elastomers (TPE) in soft-touch applications, footwear applications, automotive applications and others as well as uses various matrixes to identify market barriers to entry strategy as well as key market drivers & challenges and profiles market leaders.

According to report, In financial year 2009 the Indian Thermoplastic elastomers (TPE) compounding market accounted for around 601.5 Kt by volume shipment consisting of footwear industry largest market share of 60% of the total TPEs consumption and thereafter consumer goods retains second position with 13% market share.
The growth drivers would be soft-touch overmoulding as well as multishot moulding in a wide range of automotive, footwear, consumer goods, and other applications. Footwear continues to be the largest market for TPEs, with the foaming & strap applications and the substitutes  of PVC & rubbers while TPOs and TPVs continue to grow in automotive interiors because they are less expensive than TPU and save processing costs when used in two-shot moulding. TPVs are expected to penetrate under-the-hood automotive applications, where their improved heat and oil resistance allows them to compete with thermoset rubbers. A new growth area is the medical market, where increasing requirements for design flexibility, new regulatory restrictions of additives such as phthalates, and the potential for replacing PVC are opening up opportunities for TPEs.

 The Indian Thermoplastic elastomers (TPE) compounding market is expected to exhibit a compound annual growth rate (CAGR) of around 23% for the period 2010-14.

It presents historical market demand and supply data plus future forecasts for 2010 to 2014. The study also considers market environment factors, evaluates company market share and profiles industry competitors. 
The compelling, analytical, in-depth analysis and comprehensive report is available with Allele Life Sciences Pvt Ltd and for more info you can reach at vivekpatel@allelelifesciences.com




Thursday, September 23, 2010

Wind Energy: India’s Market prospects

Introduction  

Wind energy uses kinetic energy of the wind to convert its into mechanical enegy to produce a clean form of energy without producing contamination or emissions. This energy can be used for specific tasks to power homes, businesses, schools, and the like, it supplies around only 0.1% of total global electricity.

Wind energy is being used for village electrification, water pumping, battery charging, small industrial uses, etc. In India, however, the use of wind as an energy source is at a preliminary stage for decentralised energy generation. India has nearly 600,000 villages and has a large potential for decentralised energy (DE) systems while India’s commercial energy consumption has been growing fast.

India depends heavily on coal and oil for meeting its energy demand which produces a toxic miasma that contributes to smog and acid rain and greenhouse gases emission. Other source of energy is natural gas which is made up mainly of chemical called methane, a simple compound that has a carbon atom surrounded by four hydrogen atoms. Methane is highly flammable and burns almost completely. There is no ash and very little air pollution. The use of electricity has grown since it can be used in variety of applications as well as it can be easily transmitted. Though major energy sources for electrical power are coal and natural gas, use of renewable energy like wind and solar is rising.

Wind energy is a clean, eco-friendly, renewable resource, non-polluting to generate electricity. Unlike conventional power plants, wind plants emit no air pollutants or greenhouse gases. Only concern is noise produced by the rotor blades, aesthetic impacts, and sometimes birds have been killed by flying into the rotors. Most of these problems have been resolved or greatly reduced through technological development. National Aeronautical Laboratory (NAL) was among first which developed a 4.9 m diameter conventional multi-vane wind mill in mid 1960s thereafter Sail-type windmills under a project initiated by NAL during 1976-1977. In 1991, ‘private power policy’ commenced in wind power generation which  ultimately led to successful commercial development of wind power technology and substantial additions to power generation capacity in the country.

 In 1983 India initiated a national wind power programme with three components: wind resource assessment, demonstration projects and industry-utility partnership. The Indian wind Industry was placed fourth in terms of total installed capacity in the world by the year 1993 but 1996 was worst year for India wind energy market due to Minimum Alternate Tax (MAT) policy, changes in government policies, which resulted declination. To overcome the problem of falling profitability of private wind farm operations in the country some states started supporting the wind power companies and investors with liberal policy initiatives. The wind energy situation started to improve in 1999 and the upswing is still continuing. Technological maturity and introduction of suitable machines for the Indian conditions resulted in overall higher capacity utilization.

 Challenges

The major challenge to using wind as a source of power is that it is intermittent and it does not always blow when electricity is needed. Wind cannot be stored and not all winds can be harnessed to meet the timing of electricity demands.

Market Prospects

Wind power has an expansive future according to experts. Wind energy has been the fastest growing source of electricity generation in the world in the 1990s. However, the majority of this growth has been in Europe, where government policies and high conventional energy costs favor the use of wind energy.

The future look very promising for wind energy market and it is going to see nearly double-digit growth in next 10 years. The future wind turbine will have bigger blades (50m to 65m) and average turbine capacity will be 1.5 MW to 2 MW.

India has been an electricity deficit country despite huge expenditures in the power industry, which provides ample room to wind developers for bridge the demand and supply gap. There are some considerations like good wind conditions, rapid economic growth and growing demand for energy which leads to immense wind energy market potential.

India’s growth in wind energy is due to several incentives announced by the Indian govt. to promote this form of non-conventional energy in the country. The government has introduced a package of incentives which includes tax concessions such as 80% accelerated depreciation, tax holidays for power generation projects, soft loans, customs and excise duty reliefs, liberalised foreign investment procedures, etc. and the industry expects similar support in future too. Indian Wind Energy Association (InWEA) sometimes ago had made a formal submission to the Finance Ministry, requesting introduction of a performance-based incentive system the indirect fiscal benefits provided as tax foregone be linked to performance. It proposed the introduction of tax credit certificates (TCCs), moving away from the current system of accelerated depreciation. The new system is expected to accelerate growth of the wind energy sector in India.

Government of India established Centre for Wind Energy Technology (C-WET), an autonomous R&D institution under the Ministry of New and Renewable Energy (MNRE), to serve as a technical focal point for wind power development in India. In fact it is an only research institute in Asia perhaps in countries in South to promote and accelerate the pace of utilization of wind energy and help hand the growing wind power sector.

Presently India is the fifth largest wind energy producer in the world with a total installed capacity of about 10,900 MW accounted 9 % of the global wind energy market, after United States, Germany, Spain and China. The 6,000 MW of wind power capacity is expected to be installed in two years.

Wind energy witnesses tremendous growth in India and is the fastest growing in the composites industry after FRP pipes & tanks market which is attributed to India’s growing energy need and initiatives by the government to meet a part of this demand through renewable energy sources. National and local legislation was framed to promote private investments in renewable energy and to be estimated that wind energy potential of the country would be at 45,000 MW. Integrated Energy Policy has projected capacity addition of 30,000 MW from wind by the year 2032.

The wind energy market had golden era in 2005 and 2006 wherein market was rocketing at 50 % annual growth rate thereafter market grown by 25 %. In 2009 average growth rate was 14 % and market is grown by 30 % compounded average growth rate (CAGR) since 2004. Most probably this was due to government policy and initiative, awareness, technology advancement, high GDP, economic growth and macroeconomics.

In global context, USA taking over number one position from Germany and China getting ahead of India for the first time, taking the lead in Asia. Approx 40 % market is captured by both USA and China and still only five markets represented 80 % of the global wind energy market. Denmark is still a leading wind energy country worldwide.


Tuesday, September 21, 2010

International Conference and Exhibition On Reinforced Plastics in India (ICERP 2011)


The bi-annual event of the Indian Fibreglass Reinforced Plastics Industry exhibition "ICERP 2011"will be held on March 2-4, 2011 at Mumbai-India. It would be fifth mega event of the FRP Institute since  its inception 2002.
International Conference and Exhibition on Reinforced Plastics in India (ICERP 2011) will provide an ideal opportunity for the Global Composites Industry to focus its attention to India.
As Asia’s second large event in the Composites Industry, ICERP 2011 is planned to be 50% larger than the 2008 version, in terms of number of Exhibitors, Delegates and Visitors, from India and abroad. Exhibitors are consisting of moulders, fabricators and manufacturers of FRP covering all type of application area and production processes, raw materials manufacturers and suppliers,ancillary raw materials manufacturers and suppliers, tools and accessories manufacturers and suppliers and machine manufacturers and suppliers.
The "Conference-Call For Papers" is open.The last date is October 15,2010 for the submission of abstract.For the registration you can opt online as well as offline mode.
For any queries regarding ICERP 2011 Exhibition, contact exhibition@icerpshow.com,  meanwhile i will be updating you more on ICERP 2011.
Till than good bye------say to you happy reading.

Monday, September 20, 2010

Carbon Fibers: A Wonderful Material for the Composites Industry

Carbon fibers are a new class of high-strength performance materials for the composites industry. No doubt, carbon fibers have proven itself strong contender in the composites industry on the basis of high performance, light weight and excellent strength characteristics and high mechanical strength. The demand for carbon fibers has been steadily growing since the fiber was launched into the market about forty years ago. Even now, industries are exploring a variety of new applications made possible by the fibers.
Carbon fibers have been described as a fiber containing at least 90% carbon obtained by the controlled pyrolysis of appropriate fibers. The existence of carbon fiber came into existence in late 1879 when Edison took out a patent for the manufacture of carbon filaments suitable for use in electric lamps. However, it was only in the early 1960s when successful commercial production was started, as the requirements of the aerospace industry - especially for military aircraft – driven by the need for better and lightweight materials became of paramount importance. It was in the early 1960s when successful commercial production with carbon fiber was started as the requirements of the aerospace industry, especially for rockets and space capsules by NASA, required better and lightweight materials. The quantities were very small and price was $300 per pound. Nevertheless, as producers gained experience, the price of the material fell to the more reasonable $100-$150 a pound. And as that happened, the use of these composites slowly spread to military aircraft and then to commercial aircraft which then became an important driver of price. Over the past few years, the market has spread to sporting goods, where price was not a major issue because of perceived performance benefits. In 1980, the consumption of carbon fiber was only 4.5 million lbs. In 1995 it became more than 22 million lbs, and in 2000, more than 38 million lbs and in 2008 it was approx 60 million lbs.
Carbon fibers are generally categorized based on strength, modulus, tow size, and precursor type. In terms of modulus, they are categorized as standard modulus or intermediate modulus or high modulus fiber. There are also PAN based carbon fibers and pitch based carbon fibers. In the industry, consumption of  PAN based cabon fibers are higher compared to pitch based carbon fibers due to cost and  high cost pitch based carbon fibers are only used in places where low cost PAN based carbon fibers are being unable to meet the required properties.
Some of the categories are listed below.
  • Tensile Strength - 500 to over 900 ksi
  • Tensile Modulus - Standard (3k-24k) 33 Msi
-    Intermediate (6k-24k) 40-45 Msi
-    High (6k-24k) > 45 Msi
  • Tow Size - Small tow (1k-24k) vs. large tow (48K-320k)
  • Sizing Type - Resin compatibility
  • Application - Aerospace vs. commercial
Based on carbon fiber properties, carbon fibers can be grouped into:
  • Ultra-high-modulus, type UHM (modulus >435Gpa)
  • High-modulus, type HM ( modulus between 350-435Gpa )
  • Intermediate-modulus, type IM (modulus between 200-350Gpa)
  • Standard-modulus, (100-200Gpa)
  • Low modulus and high-tensile, type HT ( modulus < 100Gpa, tensile strength > 3.0Gpa)
  • Super high-tensile, type SHT (tensile strength > 4.5Gpa)
Based on precursor fiber materials, carbon fibers are classified into;
  • PAN-based carbon fibers
  • Pitch-based carbon fibers
  • Mesophase pitch-based carbon fibers
  • Isotropic pitch-based carbon fibers
  • Rayon-based carbon fibers
  • Gas-phase-grown carbon fibers
Based on final heat treatment temperature, carbon fibers are classified into:
  • Type-I, high-heat-treatment carbon fibers (HTT), where final heat treatment temperature should be above 2000 C and can be associated with high-modulus type fiber.
  • Type-II, intermediate-heat-treatment carbon fibers (IHT), where final heat treatment temperature should be around or above 1500 C and can be associated with high-strength type fiber.
  • Type-III, low-heat-treatment carbon fibers, where final heat treatment temperatures not greater than 1000 C. These are basically low modulus and low strength materials. 

The consumption of carbon fibers is growing day by day.Industrial and commercial aerospace applications will drive the growth of carbon fiber. Industrial applications are obviously the segment that has developed most in the past five years and these are likely to grow the most in the years to come. Such strong growth can be explained by the fact that there are a large number of highly promising projects like wind energy, pressure vessels and rollers, and industries like transportation, marine, civil engineering, offshore and more would need high performing material for competitiveness. Over recent years, the wind energy industry has become a significant user of composite materials. Significant research is being carried out for the use of carbon fiber in wind turbine applications. The two market leaders are Vestas and Gamessa, both of whom are already using carbon fibers in significant quantity for the making of large production turbine blades. The infrastructure rehabilitation industry is using carbon fiber for the construction of freeway column, parking structures, bridges, etc. This segment is also growing very fast. Filament winding and procured lamination is used for the manufacturing of the structures. The offshore oil industry uses carbon fiber for making the riser, tether, choking keel line etc.



    Friday, September 17, 2010

    SMC/Compression Molding Expert

    Hi Friends, There is a urgent need of SMC/Compression molding expert for the composites industry in India. The industry is upcoming in western part of India and end-use products would be panel based water tank.
    All interested parties are welcome.You can contact me for more info @ vivepatel@gmail.com 


    Owens Corning has Announced Semi-Finalists Result for the Composite App Challenge


    Hi friends, on September 15, 2010, Owens Corning  has announced semi-finalists result for the composite app challenge, meanwhile the applications and ideas were invited in four categories intended to help resolve some of society’s pressing issues – infrastructure durability, fuel efficiency, renewable energy and protection from harm.
    I wish all the best who inroads into the semi-finalists list. For more info you can visit http://ww1.owenscorning.com/composites/appchallenge/default.asp

    Thursday, September 16, 2010

    Opportunity & Attractiveness of Thermoplastic elastomers (TPEs) in India

    The Indian thermoplastic elastomers (TPE) industry is merely more than 10 years old and still it is rapidly growing in the applications like personal care/stationary, consumer goods and automotive sector. The Indian TPE industry has been steadily gaining growth momentum over the last few years and is expected to double digit growth at tune of 14% in next 2010 year, reflecting the upbeat economy and strong automotive and healthcare industry drivers for growth.
    In India there are few TPEs compounders player including domestic as well as MNCs. These are, Bayer, Machino-Basell, Zylog, APAR (Agents for Santroprene), Technovinyl, Synoprene polymer, Hydro S&S, Sperryplast Ltd, TIPCO, KLJ and DCM. Since last few years, heavyweight MNCs have been started operation in India to catering Indian TPE market. These are Polyone, Teknor Apex, KRAIBURG, TSRC and others.
    In India, footwear is largest user of TPEs market and accounts for 60% of the total TPEs consumption and thereafter consumer goods keep second position with 13%. TPV will dominate demand in automobile market with 17 Kt in next year and stationery and personal care will keep rapid growth while medical and E&E market has small percentage but remember it will grow at great pace.
    The total Indian TPEs market was 554.4 Kt by volume and INR Rs.7207.2 by value in fiscal year 2008. It is forecasted that the Indian TPEs market will grow with the rate of 18% in the coming 5 years. The average price of TPEs is INR Rs.130 to 160 depends upon end products applications.