Procuraverse, 2023: Unveiling the Future of Supply Chain with ChemAnalyst

The first ever edition of Procuraverse will bring together the industry leaders and experts to discuss and address the evolving landscape of global chemical and petrochemical supply chains.

As supply chains are becoming increasingly complex and interconnected, they also face a myriad of challenges that demand attention and initiative from industry stakeholders.

Register now to secure your spot at this must-attend event for supply chain professionals, procurement managers and strategists!

Register now: https://www.chemanalyst.com/Event/procuraverse

WHAT TO EXPECT?

• Business transformation and Supply Chain Leadership from Global Chemical Industry
• Collaborative Supply Chain (PLAN, SOURCE, MAKE, DELIVER) Strategies for the Future
• Innovative Ways of Price Trend Monitoring and Procurement

Join us at the Procureaverse, 2023 organized by ChemAnalyst and gain the knowledge and tools you need to navigate the complexities of modern supply chains and chemical procurement. Together, let's unlock the full potential of your supply chain and drive success in the dynamic global marketplace.

Website: www.chemanalyst.com

CONTACT: events@chemanalyst.com

Hydrogen Peroxide Market is Expected to Grow at a CAGR of 5.88% by 2032 | ChemAnalyst

According to ChemAnalyst report, “Global Hydrogen Peroxide Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, The Hydrogen Peroxide market is likely to experience a significant increase by reaching 7800 thousand tonnes in 2032, at an expected CAGR of 5.88% in the forecast period. The increasing demand of Hydrogen Peroxide by numerous downstream end-use industries owing to its oxidizing properties is anticipated to swell the demand for Hydrogen Peroxide by 2032.

Hydrogen Peroxide (H2O2) is a reactive chemical compound which is pale blue and slightly viscous in nature. It contains single oxygen-oxygen bond and possesses oxidizing properties which makes it suitable for various cosmetic and medical, as a disinfectant, and a bleaching agent. Hydrogen Peroxide has wide range of applications in cosmetics, detergents & disinfectants and chemical manufacturing due to its highly effective anti-bacterial and anti-viral properties.

The hydrogen peroxide market is expected to witness major expansion with the increasing demand from the pulp and paper industry.  In the textile sector, hydrogen peroxide is frequently employed as a bleaching agent, which significantly adds to the market growth rate. Foods products like wheat flour and rice are cleaned and bleached using hydrogen peroxide to enhance colour which further contributes to the hydrogen peroxide market expansion. In sanitization, Hydrogen Peroxide find its application as a mild antiseptic to prevent infections, which adds to the market expansion. In pulp industries, hydrogen peroxide is widely used for bleaching of chemical, mechanical and recycled pulp. This chemical increases the brightness levels, stability and reduces the manufacturing cost of paper.

Read Full Report Here: https://www.chemanalyst.com/industry-report/hydrogen-peroxide-market-191

The global Hydrogen Peroxide market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the global Hydrogen Peroxide market is segmented into Paper & Pulp, Textiles, Water & Waste Water Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others. Among these, the Paper & Pulp industry is dominating the Hydrogen Peroxide market. This industry consumed approximately 47% of the market in 2022 and is anticipated to domain the market in the forecast period as well. Hydrogen Peroxide is frequently used in the paper industry to produce high-quality paper and packaging purposes. Globally, rate of paper consumption has been rising over the past few years and is likely to augment market expansion in future. However, the textiles sector also uses hydrogen peroxide extensively and constitutes a sizeable portion of the market. Furthermore, due to its powerful oxidizing capacity, hydrogen peroxide is used as a bleaching agent in certain edible products including wheat flour, edible oil, egg white, etc. in countries like the US, Canada, Australia, and New Zealand.

Based on demand by region, Asia Pacific dominates the global Hydrogen Peroxide market followed by Europe. In 2022, Asia Pacific consumed approximately 35% of total Hydrogen Peroxide globally produced. This region is anticipated to foresee a market expansion in the forecast period as it is a hub for paper consumption, textile production, healthcare, and personal care products and has a presence of a huge population. Asia Pacific also holds the majority production capacity of Hydrogen Peroxide with China being the key player. Furthermore, China is the hub of polymers and plastics, and many companies have set up manufacturing plants. However, Europe is the second largest consumer of Hydrogen Peroxide. With the increasing demand in the European market for numerous personal care goods, the demand for hydrogen peroxide will most likely rise in future. Germany plays a significant role in the expansion of the European market. Additionally, the prominence of major firms like Solvay S.A., Evonik Industries A.G., and Arkema S.A. fosters competition for the development of this region.

Request Sample Form: Global Hydrogen Peroxide Market Research

“Global Hydrogen Peroxide Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, the significant players functional in the Hydrogen Peroxide market include Evonik Industries AG, SOLVAY, Arkema S.A, Mitsubishi Gas Chemical Company (MGC), Sunkyong Chemicals Ltd., Oci Chemicals, National Peroxide Limited (NPL), Indian Peroxide Limited (IPL), Eka Chemicals, Kemira Oyj, Taekwang Industrial Co. ltd., and Others.

“Being linked to the downstream application such as Paper & Pulp, Textiles, Water & Waste Water Treatment, Food Processing, Electronics & Semiconductors, and Pharmaceuticals, the global Hydrogen Peroxide industry has shown a robust growth in the past years. Fast-growing demand for paper products upstream, like tissues, filters, tea bags, is anticipated to swell the demand for Hydrogen Peroxide across the globe. With growing usage of hydrogen peroxide across these industries is likely to offer new opportunities for the major players to expand their capacities to meet the rising demand for Hydrogen Peroxide which ultimately boost Hydrogen Peroxide market in the forthcoming years. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

ChemAnalyst is a subsidiary of TechSci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

420 Lexington Avenue, Suite 300,

New York, NY, United States, 10170

Call +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

Hydrogen Market Reports | Global Industry Size, Growth, Analysis and Forecast

  

According to ChemAnalyst report, “Global Hydrogen Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032”, The Hydrogen market is expected to reach approximately 13 million tonnes in 2032 at an expected CAGR of 3.58% in the forecast period.  The surging demand for Hydrogen due to the rising awareness for deployment of renewable energy resources and increasing number of government initiatives to support the green Hydrogen movement to safeguard the concerns regarding consistent environmental degradation is contributing to the market expansion. In addition, increasing usage of Hydrogen as an industrial fuel in substitute of the ones emitting high sulphur and carbon content is contributing well to upscale its demand in the coming years.

Hydrogen is a flammable gas and finds applications in various domains such as production of chemical derivatives, in building and construction by blending into pre natural gas networks, followed by power generation and transport. Presently, natural gas followed by coal are the prime feedstocks being utilized for the production of Hydrogen. Hydrogen is not just regarded as an energy source but a carrier of chemical energy. It is viewed as a highly versatile compound since it can be produced from various energy sources such as natural gas, coal, biomass, wind, hydroelectric power etc., and and can also be utilized to make diverse fuel derivatives like synthetic liquid fuels, methane, ammonia, methanol and others.

Nowadays, Hydrogen is being produced using diverse technology however, majority of Hydrogen is still being extracted from fossil fuels. Presently, natural gas followed by coal are the prime feedstocks being utilized for the production of Hydrogen. A few percentages of Hydrogen globally is produced via the electrolytic process. Depending upon the three major routes of production it is categorized as green, blue, and grey Hydrogen. Green Hydrogen is mainly produced by renewable electricity or nuclear energy, blue Hydrogen is produced via steam reforming method using steam and biomass through carbon capture, storage, and utilization whereas the production of grey Hydrogen is undertaken by the same method but without carbon capture. Grey Hydrogen accounts for a wide share of present production capacity.

Read Full Report Here: https://www.chemanalyst.com/industry-report/hydrogen-market-277

it is anticipated that investment in development of green Hydrogen economy can serve the world with affordable and clean energy system and can create potential markets for Hydrogen applications, products and equipment in the forthcoming years. To support green Hydrogen economy, the start-up and scale-up of competitive and innovative Hydrogen production company is anticipated to largely fuel the Global Hydrogen market by 2032. However, the challenge ahead is the transformation of existing natural gas pipeline to Hydrogen pipeline. Moreover, the construction and maintenance of Hydrogen fueling stations and port facilities for active transportation of the gas is another pivotal factor that could lead to the growth of Hydrogen market in the coming years. With European Union and several other governments across the world leaned to adopt Hydrogen as a niche fuel in the future to battle the degrading environment, many investments are anticipated to happen with various companies entering the green Hydrogen market in search of new profit bearings. The idea of green Hydrogen is requires high-quality research backed by large government funding to take it to next level globally.

The Hydrogen market is segregated based on end-use, sales channel, and region. Based on the end-user industry, the global Hydrogen market is segmented into Ammonia, Refining, Methanol, Fuel, and Others. As of 2022, majority of the hydrogen is used for manufacturing ammonia with a market share of 45 percent. Ammonia is an important solvent and precursor for various chemicals. Ammonia's potential as a carbon-free fuel, hydrogen transporter, and energy reservoir gives a chance for the expansion of the use of renewable hydrogen technology.

Request Sample Form: Hydrogen Market Analysis Report

Based on region, the North America is the leading the Hydrogen market, followed by Asia Pacific region. In 2022, North America held a market share approximately of 38% of the global Hydrogen. Focus on clean energy usage and production in USA for transportation and manufacturing is mainly driving the market in North America. China’s step towards expansion of renewable hydrogen with increased investments to brace new research and development operations and build transport and storage facilities along with large scale production of Hydrogen fuel vehicles is a powerful attribute towards the growth of Hydrogen market in Asia Pacific.

 “Global Hydrogen Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032”, the significant players functional in the Global Hydrogen are Air Products, Praxair, Air Liquide, Linde plc, Chevron Usa Inc, Sinopec, Valero, Phillips 66 Company, Wrb Refining Lp, Flint Hills Resources Lp, Bp West Coast Products Llc, Martinez Refining Co Llc, Hyundai-Wison, Deokyang, Wrb Refining, Delaware City Refining Co Llc, Cenex Harvest States Coop, Hollyfrontier El Dorado Refining Llc, Sinclair Wyoming Refining Co, and Others.

“Vision of transforming to a clean and green economy has made various countries to take ahead the renewable energy initiative with bound targets, funding's, regulations and subsidies is expected to boost the demand for Hydrogen in the forecast period until 2032. Western countries like US and China are equipped with all vital resources to produce Hydrogen for their needs and are hence anticipated to be the foremost countries idealizing this future vision. Although governments across the globe are taking steps towards clean energy along with the aim of decarbonizing the economies which is lubricating the Hydrogen market expansion in the forthcoming years. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

ChemAnalyst is a subsidiary of TechSci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

420 Lexington Avenue, Suite 300,

New York, NY, United States, 10170

Call +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

Liquid Nitrogen Market Reports | Global Industry Size, Growth, Analysis and Forecast

 

According to ChemAnalyst report, “Global Liquid Nitrogen Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Global Liquid Nitrogen market has shown considerable growth in historic period and is anticipated to achieve a healthy CAGR of 5.5% during the forecast period. Growing demand of Liquid Nitrogen due to its non-inflammable and non-toxic properties in research labs and in cryotherapy to remove the skin abnormalities like warts and actinic keratosis is expected to boost the global Liquid Nitrogen market in the upcoming years. The manufacturing of Liquid Nitrogen is highly associated with safety concerns on human health as well as environment before it can be used which further enhances the compliance standards.

Liquid Nitrogen is a cryogenic liquid which is colorless, odorless and extremely cold in nature. It is basically a liquefied form of Nitrogen that is produced by the process of fractional distillation of liquid air. The demand of Liquid Nitrogen is extremely high in various sectors due to its numerous applications such as cryopreservation of biological samples, removal of skin lesions, coolant for superconductors, freezing and transporting food products and others. Liquid Nitrogen is extensively used as a cryogen to perform cryosurgery and it also helps in grinding plastics or pulverization cryogenically. There are many technologies that are used for the manufacturing of Liquid Nitrogen with a range of specifications like purity, usage, portability, pattern and power consumption. The more cost-effective and suitable method than the traditional cryogenic distillation technology is Pressure Swing Adsorption (PSA). The exponentially increasing demand of Liquid Nitrogen by Food and Beverage industry due to its remarkable properties of cooling and refrigeration is likely to augment the global market growth of Liquid Nitrogen. LN2 is proven extremely beneficial in the retail food and beverage industry as it is widely used in restaurants for freezing food and drinks and for manufacturing ice creams and cocktails.

Read Full Report Here: https://www.chemanalyst.com/industry-report/liquid-nitrogen-market-281

Liquid Nitrogen is also used in food packaging industries as it protects food from rancidity and going stale. Other industrial applications of Liquid Nitrogen include rubber removal, temporary ground freeze, shrink-welding of machinery, metal hardening, pipe freezing etc. Growing demand for Liquid Nitrogen from end-user industries including healthcare, Automotive, metal production and others coupled with cost advantages associated to its production, would drive the consumption of Liquid Nitrogen in the forecast period. In the pharmaceutical industry, growing use of Liquid Nitrogen to restore the cold reaction temperature during production of medicines is expected to provide a strong impetus to the Nitrogen market worldwide over the next five years. Moreover, with the rise in applications for cryotherapies, cryosurgeries, and cryopreservation for curing skin, removing skin tags, skin cancers, and moles would further accelerate the consumption of Liquid Nitrogen across the medical sector. Many leading players are merging with new companies to strengthen the R&D department and improve the product portfolio and market footprint.

In 2020, Due to the consequence of COVID-19, Due to nationwide lockdowns and government restrictions by major emerging economies, many industries halted their operations which further impacted the global market. However, The demand of Liquid Nitrogen from food and beverage and healthcare sector declined due to the nationwide lockdown and government restrictions.

Region wise, North America holds the largest market share of the global demand of Liquid Nitrogen followed by APAC. Rising number of manufacturers and suppliers in region of North America is expected to strengthen the global supply-chain. Emerging countries like India and China in the Asia Pacific region have bolstered the market in recent years.

Request Sample Form: Liquid Nitrogen Market Analysis Report

The key players operating in the global liquid nitrogen market include L’Air Liquide SA, Air Products and Chemicals,Inc., Linde Group, Praxair Inc., Messer Group Gmbh, Taiyo Nippon Sanso,  Nexair LLC., Emirates Industrial Gases Co. LLC., Southern Industrial Gas BHD and Gulf Cryo.

“Being linked to the downstream applications in the Food & Beverage industry, the Global Liquid Nitrogen Industry has shown an impressive growth along with the increasing population and changes in the preference of costumer. It is projected that India will become one of the biggest consumer markets of Liquid Nitrogen during the forecast period. In addition, growing per capita income worldwide poised a stronger outlook to the country’s Liquid Nitrogen demand. Due to the Pandemic, Nationwide lockdowns around the world had affected the global supply chain logistics and happens to cause immediate shortage of raw materials which led to the increase in the prices of Liquid Nitrogen. Meanwhile, China serves as the major holder with latest technologies. With new competitors emerging across the Liquid Nitrogen market, it is extremely important to keep an eye  on which region will grab the biggest market shareduring the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

ChemAnalyst is a subsidiary of TechSci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

420 Lexington Avenue, Suite 300,

New York, NY, United States, 10170

Call +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

Sodium Silicate Market is Expected to Grow at a CAGR of 3.74% by 2035 | ChemAnalyst

According to ChemAnalyst report, “Global Sodium Silicate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2035”, The Sodium Silicate market is likely to experience a significant increase by reaching 13.5 million tonnes in 2035, at an expected CAGR of 3.74% during the forecast period. The increasing demand for Sodium Silicate from Precipitated Silica, Detergents, Paper Production, Titanium White, and other end-use industries, is expected to boost the demand for Sodium Silicate market in the coming years.

Sodium Silicate or waterglass is prepared industrially by when silica (quartz sand), caustic soda, and water are treated with hot steam in a reactor. This compound is readily soluble in water and displays properties like stability at high temperature, binding properties, resistance to acidic medium and basic medium. The applications include detergents, paper making, drilling fluids, soaps, refractory cement, zeolites, adhesives, mineral processing, and more. Further it is used as a corrosion inhibitor and useful in various industries.

Moreover, across the globe, the expansion of the Sodium Silicate market is primarily driven to produce Precipitated Silica. Precipitated Silica have various applications like paints, varnish, coatings, adhesives, soaps, adhesives, and others. Moreover, Sodium silicate also tends to have applications in the Paper Industry as well. It is frequently used as an adhesive to bond paper boards and cardboard, as well as a stabiliser for pulp bleaching and an additive for de-inkling recycled paper. Thus, it is a commercially significant chemical for recycling paper and this industry to swell the Sodium Silicate in the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/sodium-silicate-market-703

The Sodium Silicate market is segmented based on type, end-use, sales channel, and region. The market is segmented on type: Based on type, the Sodium Silicate market is segregated into Liquid and Dry Solid. Liquid type currently dominates the global Sodium Silicate market and is expected to dominate the market in the coming years.

Based on end-uses, the Sodium Silicate market is segregated into Precipitated Silica, Detergents, Paper Production, Titanium White, Ceramic Materials, and others. The Precipitated Silica industry is the dominating the Sodium Silicate market with the demand of approximately 37% in 2022. It will most likely stay the biggest industry during the forecast period due to growing demand of sealants in future. Furthermore, Detergents and Paper Production Industry are also the prominent consumers of the Sodium Silicate market.

Asia Pacific dominates the global Sodium Silicate market, consuming about with a market share of approximately 50% of the global Sodium Silicate. In construction of infrastructure, sodium silicate is used as a binder, concrete refractories, and concrete strengthening to provide the structures more strength. As a result, during the projected period, infrastructure development in developing countries like India and China will most likely drive growth in the global Sodium Silicate market. Based on production, USA is leading across the globe. In 2021, the Sodium Silicate production by companies situated in USA produced more than 35% of the global Sodium Silicate production.

 “Global Sodium Silicate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2035”, the significant players functional in the Sodium Silicate market include PQ Corp., Occidental Petroleum Corporation-Oxy (Diamond Shamrock), CIECH Vitrosilicon S.A., DuPont de Nemours, Qingdao Dongyue Sodium Silicate Co., Ltd., Kiran Global Chems Limited, Wecan Industrial Corporation, SINCHEM (Tengzhou Hongtai Chemical Co.,Ltd), Luoyang Qihang Chemical Industrial Co.,Ltd, Iran Silicate Industries Group, and others.

Request Sample Form: Global Sodium Silicate Market Report

“The rapidly increasing demand for precipitated silica and paper is expected to boost the Sodium Silicate market in the forecast period until 2035. Consistent growth in the demand for Sodium Silicate, for pulp bleaching and de-inkling paper implies its significance in paper making and paper recycling, anticipated to fasten the market expansion. Furthermore, its employment for preparation of precipitated silica which is further employed for making adhesives for usage in the construction industry is anticipated to further Global Sodium Silicate market expansion in the coming years “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

ChemAnalyst is a subsidiary of TechSci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

420 Lexington Avenue, Suite 300,

New York, NY, United States, 10170

Call +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

Green Hydrogen Market Growth, Trend, Analysis and Forecast to 2032 | ChemAnalyst

   

According to ChemAnalyst report, “Global Green Hydrogen Market Analysis: Plant Capacity, Production, Process, Operating Efficiency, Demand & Supply, End-User Industries, Regional Demand, 2015-2032”, The Green Hydrogen market will likely experience a significant rise and at an expected CAGR of 132% during the forecast period by 2032. The rising demand for Green Hydrogen in major end-use industries such as Green Ammonia, Transportation Fuel, Power & Heating, Refining, and Chemical Feedstock is anticipated to propel the demand for the Green Hydrogen market in the forecast period.

Hydrogen is a primary element and is present in nature in abundance. Hydrogen can be generated from water, biomass, fossil fuels, or a combination of the three. But these methods are expensive and emit carbon dioxide. Green Hydrogen is produced by conducting the Water Electrolysis method which separates water molecules into their Hydrogen and oxygen components, without any greenhouse gas emission. There are various applications of Green Hydrogen, but Energy Storage, Feedstock, and Transportation are its significant applications.

Read Full Report: https://www.chemanalyst.com/industry-report/green-hydrogen-market-323

The leading reason for the expansion of green hydrogen is the synthesis of green ammonia. Green ammonia can function as a zero-carbon emission fuel, fertilizer, industrial power generation, and transportation. The world today demands clean and renewable energy sources which are driving the Green Hydrogen market globally. The demand for energy is constantly rising due to the rising population. Green hydrogen emits zero carbon dioxide and works as a fuel that cares for the environment. With countries focussing on a variety of programmes to cut carbon emissions and reach the target of zero emissions, it is expected that the demand for green hydrogen will exponentially rise in the forecast period.

The global Green Hydrogen market is segmented based on end-use, sales channel, and region. Based on demand, Asia Pacific holds the major share of the Green Hydrogen market all across the globe. Asia Pacific held a market share of roughly 50% of global Green Hydrogen in 2022. In the future, Asia Pacific will most likely experience a surge in both energy demand and renewable energy, and it might be a significant factor for green hydrogen market. However, Europe stands as the second largest consumer of Green Hydrogen. Green Hydrogen is a sustainable and major source of energy in Europe to power windmills and electric vehicles along with stringent government policies which favor green hydrogen usage. 

Based on the end-user industry, the Green Hydrogen market is segmented into various influential industries which are Green Ammonia, Transportation Fuel, Power & Heating, Refining, and Chemical Feedstock. Among these, Green Ammonia is the leading segment and held a market share of 40% in 2022. Moreover, Transportation Fuel is another impressive application of Green Hydrogen.

Request Sample Report: Green Hydrogen Market Analysis Report

“Global Green Hydrogen Market Analysis: Plant Capacity, Production, Process, Operating Efficiency, Demand & Supply, End-User Industries, Regional Demand, 2015-2032”, the significant companies for Global Green Hydrogen are Sinopec, Ningxia Baofeng Energy Group, Shell Plc, Jilin Chemical, Ohmium, Air Liquide, Acme Group, GAIL (India) Limited, Indian Oil Corporation Ltd, Toshiba Energy Systems and Solutions, SK Inc & Monolith, Hyosung Group, Linde Plc, Cleantech Group (Svevind Energy Group), N.V Nederlandse Gasunie, and others.

“The growing demand of Green Hydrogen as a renewable source of energy, power generation, and transportation facilities such as Fuel cell electric vehicles (FCEVs), is anticipated to contribute to the expansion of the Global Green Hydrogen market during the forecast period until 2032. The growing usage of green hydrogen to produce green ammonia which have applications in energy storage, fertilizers, transportation, and as a zero-carbon fuel is one the primary reasons for green hydrogen market expansion. The ability of Green Hydrogen to reduce carbon emissions and replace conventional fuels is expected to result in further market expansion of the Global Green Hydrogen market in the forecast period. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

ChemAnalyst is a subsidiary of TechSci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

420 Lexington Avenue, Suite 300,

New York, NY, United States, 10170

Call +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

Ammonium Nitrate Market Growth, Trend, Analysis and Forecast to 2032 | ChemAnalyst

 

According to ChemAnalyst report, “Global Ammonium Nitrate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032” The Global Ammonium Nitrate market is anticipated to grow at a CAGR of 3.55% during the forecast period and reach 30 million tonnes due to major demand from the Agriculture Industry, Explosives, and Industrial application end-use industries.

 

Ammonium Nitrate is a white crystalline salt compound with the chemical formula NH₄NO₃. This chemical is synthesized by reacting nitric acid and ammonia. In a final concentrator, the resultant solution is concentrated to 97.5-98%. The concentrated solution is sent to a prilling tower, and some of it is routed to a slurry tank. In the slurry tank, the filler is added and then ammonium nitrate solution is released, and its moisture content is adjusted. Ammonium Nitrate is hygroscopic in nature i.e., it is readily soluble in water. Ammonium Nitrate is a popular nitrogen source because it includes both nitrate and ammonium and has a high nutritional content, thus, it is commonly used as fertilizer and mixed with other fertilizers. It provides plants with nitrate and fulfills their nutritional requirements. Additionally, this chemical is capable to get mixed readily with nitrogen fertilizers, improving the fertilizer's functionality and durability and enriching the plants. It's also a key ingredient in a variety of mining explosives, where it's combined with fuel oil and dispersed by an explosive charge. Other niche applications of Ammonium Nitrate include as a nitrogen oxide absorber, a freezing mixture ingredient, an oxidizer in rocket propellants, and a nutrient for fungi and antibiotics.

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Agriculture Industry is the primary driver of the market and is anticipated to remain so in the forecast period. The increasing global population has driven farmers to boost crop production yields, resulting in strong demand for fertilizers, fueling industry expansion. Because of its high solubility, ammonium nitrate is ideal for producing fertigation or foliar spray solutions. Crops like maize, barley, and soybean, have applications in the food industry as well as other industries; thus, it becomes a challenge to fulfill the demand for such useful crops but with the help of fertilizers it is so possible. Furthermore, factors like growing crop demand and the reduction of cultivable lands with urbanization are anticipated to augment the need for fertilizers in the forecast period, which will most likely propel the Ammonium Nitrate market expansion.  Additionally, ammonium nitrate is also used to manufacture ANFO (Ammonium Nitrate Fuel Oil), which comprises approximately 94% porous ammonium nitrate, which is an industrial explosive combination widely employed in mine operations such as coal and metal. The rising production and demand for alumina, iron, diamonds, and base metals are expected to fuel the need for blasting products, propelling the ammonium nitrate market forward.

 

The global Ammonium Nitrate market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the global Ammonium Nitrate market is segmented into Agriculture Industry, Explosives, Industrial application, and Others. Among these, the Agriculture Industry is the major market consumer with a share of roughly 60% in 2022. Owing to the rise in population curating a higher food demand, the agriculture industry is anticipated to see an expansion in the forecast period.

Based on region, Europe is dominating the Ammonium Nitrate market. In 2022, Europe held a market share approximately of 44% of the global Ammonium Nitrate. Moreover, Asia Pacific is the second largest consumer of this chemical. However, the rising fertilizer usage to cater to the crop demands in developing nations such as India and Bangladesh which have strong agricultural sectors is anticipated to swell up the demand for Ammonium Nitrate in the Asia Pacific region. Although, Russia holds the largest production capacity of ammonium nitrate.

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According to ChemAnalyst report, “Global Ammonium Nitrate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, Major players for Ammonium Nitrate globally are Acron Group’s Mineral Fertiliser, EuroChem Group AG, Uralchem JSC, CF INDUSTRIES HOLDINGS, INC., Abu Qir Fertilizer, PhosAgro, Fertiberia SA, Deepak Fertilisers And Petrochemicals Corporation Limited, Agroplychim AD, Nitratos del Peru, and others.

 

“Ammonium Nitrate is a useful chemical which is rich in nitrogen and ammonium, due to which is most widely employed to manufacture fertilizers. The growing demand of fertilizers to enhance crop yield and improve the quality of the crops is anticipated to augment the ammonium nitrate market expansion. Currently, Europe is the leading consumer of Ammonium Nitrate followed by Asia Pacific region. Owing to the rapidly growing population across the globe resulting in rising need for crops will most likely increase the demand of ammonium nitrate in the forecast period and likely to offer potential opportunities for Ammonium Nitrate market players to expand their production capacities in order to reduce demand supply gap of Ammonium Nitrate in the forecast period” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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