$13.8 Billion Chemical Licensing (C1 Derivatives, C2 Derivatives, C3 Derivatives, C4 Derivatives) Market - Global Forecast to 2022
DUBLIN, March 6, 2018 /PRNewswire/ --
The "Chemical Licensing Market by Type (C1 Derivatives, C2 Derivatives, C3 Derivatives, C4 Derivatives) End-Use Industry (Oil & Gas, Chemical) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The chemical licensing market is projected to grow from USD 10.72 Billion in 2017 to USD 13.81 Billion by 2022, at a CAGR of 5.2% during the forecast period.
Chemical licensing is a branch of intellectual property licensing with the help of which industrial end users can own the rights to use a particular chemical technology. The chemical licensing market includes the licensing of the technology used in the manufacturing of C1 to C4 derivatives, as well as some aromatic derivatives.
Technology licensing is highly growing in the downstream industry. The falling crude oil prices and increasing demand for downstream chemicals are boosting the demand for various technologies. The increasing population, expanding manufacturing sector, and rising regulatory requirements in the chemical industry are key factors projected to drive the growth of the chemical licensing market. The increasing demand for different carbon derivatives and the introduction of efficient technologies for the production of these derivatives are other factors boosting the chemical licensing market.
Asia Pacific accounted for the largest share of the chemical licensing market in 2017. This large share can be attributed to the increased demand for chemical licensing in emerging countries, such as India, China, Indonesia, and Thailand. The penetration of the chemical licensing in the oil & gas end-use industry is expected to grow at a higher CAGR in Asia-Pacific due to the high refinery capacities of China, India, South Korea, and Japan and the need for advanced sustainable and eco-friendly chemical production technologies.
The high cost of chemical manufacturing technologies is acting as a restraint to the growth of the chemical licensing market. Key companies profiled in the chemical licensing market research report include Johnson Matthey (UK), Mitsubishi Chemical Corporation (Japan), Sumitomo (Japan), ExxonMobil (US), and Shell (Netherlands).
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Chemical Licensing Market
5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increasing Demand for Petrochemicals in APAC
5.1.1.2 Stringent Environmental Regulations
5.1.1.3 Cost Optimization Strategies Implemented By Refiners
5.1.2 Restraints
5.1.2.1 In-House Technology Development By End Users
5.1.3 Opportunities
5.1.3.1 Increasing Refinery Capacities
5.1.3.2 Increasing Use of New Technologies for Sustainable Manufacturing
5.1.4 Challenges
5.1.4.1 Cost Optimization and High Licensing Cost
6 Industry Trends
6.1 Porter's Five Forces Analysis
7 Chemical Licensing Market, By Type
7.1 Introduction
7.2 C1 Derivatives
7.2.1 Dimethyl Ether (DME)
7.2.2 Dimethylformamide (DMF)
7.2.3 Formaldehyde
7.2.4 Methanol
7.2.5 Methylamine
7.3 C2 Derivatives
7.3.1 Polymerization
7.3.2 Chlorination
7.3.3 Oxidation
7.4 C3 Derivatives
7.4.1 Polymerization
7.4.2 Ammoxidation
7.4.3 Oxidation
7.4.4 Esterification
7.5 C4 Derivatives
7.5.1 Butanediol
7.5.2 Maleic Anhydride
7.5.3 Polytetramethylene Ether Glycol
7.6 Other Derivatives
7.6.1 Purified Terephthalic Acid
7.6.2 Polybutylene Terephthalate
7.6.3 Bisphenol A
8 Chemical Licensing Market, By End-Use Industry
8.1 Introduction
8.2 Oil & Gas
8.3 Chemical
8.4 Others
9 Chemical Licensing Market, By Region
10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking
11 Company Profiles
- Chevron Phillips Chemical Company
- Eastman Chemical Company
- Exxon Mobil Corporation
- Huntsman Corporation
- Johnson Matthey
- Mitsubishi Chemical Corporation
- Mitsui Chemicals, Inc.
- Nova Chemicals Corporation
- Shell Global Solutions
- Sumitomo Chemical
For more information about this report visit https://www.researchandmarkets.com/research/kwksrh/13_8_billion?w=5
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article