Chemicals Research, Business & Intelligence | ChemAnalyst

Wednesday, November 30, 2022

Acrylonitrile Butadiene Styrene (ABS) Market Size, Growth, Analysis & Forecast To 2035 | ChemAnalyst

 According to ChemAnalyst report, “Global Acrylonitrile Butadiene Styrene (ABS) Market Analysis: Plant Capacity, Production, Technology, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, The Acrylonitrile Butadiene Styrene (ABS) market is expected to reach 15500 thousand tonnes in 2035, at a CAGR of 5.29% by 2035. The progressing demand for Acrylonitrile Butadiene Styrene (ABS) from Automotive, Home Appliances, Electrical & Electronics, Building & Construction, and Others (Medical, Packaging, etc.) end-use industries, is anticipated to expand the Acrylonitrile Butadiene Styrene (ABS) market in the forecast period.

Acrylonitrile butadiene styrene (ABS) is a terpolymer synthesized by a polymerization reaction between styrene, acrylonitrile, and polybutadiene. The commonly used techniques employed in industries to manufacture ABS are: Continuous Mass Polymerization Technology, Emulsion Polymerization Technology, Mass and Emulsion Polymerization Process, and Injection and Extrusion Molding.

The surface of ABS material enables simple paint and adhesive application, and it has an attractive physical aspect that gives it a pleasant feel and touch. Compared to other common polymers, ABS offers superior qualities like wear resistance, hardness, better heat-resistance, and lightweight nature. ABS is utilized for various industrial applications such outer body of fridges, washing machines, suitcases, cameras, tool kits, battery containers, crates pipes, hoses, radios, computer parts, keyboards, and various furniture parts.

Read Full Report Here: https://www.chemanalyst.com/industry-report/acrylonitrile-butadiene-styrene-market-318

Moreover, across the globe, the expansion of the Acrylonitrile Butadiene Styrene (ABS) market is primarily accounted by the Automotive industry. In automotive industry, ABS is utilized for manufacturing components like Column trim, Dashboards, handles and door liners, components of seat belts, and seat backs. It is due to its high durability, high-temperature, and wear resistance. In 2021, approximately 40% of global Acrylonitrile Butadiene Styrene (ABS) was utilized by the Automotive Industry. The market is anticipated to expand further due to the rising demand for lightweight cars that reduce fuel consumption and lower carbon dioxide emissions. The home Appliances Industry also contributes to the demand for ABS, which is anticipated to grow in response to rapid urbanization in the forecast period.

The Acrylonitrile Butadiene Styrene (ABS) market is segmented on end-use, sales channel, and region. Based on end-uses, the Acrylonitrile Butadiene Styrene (ABS) market is segregated into Automotive, Home Appliances, Electrical & Electronics, Building & Construction, and Others (Medical, Packaging, etc.). The Automotive industry dominates the Acrylonitrile Butadiene Styrene (ABS) market around the globe. It is most likely to retain its position during the forecast. The rising demand for ABS for manufacturing lightweight cars that reduce fuel consumption is anticipated to propel the market further. Furthermore, Home Appliances also holds a prominent market share of ABS market.

Based on demand by region, the Asia Pacific region dominates as the consumer of Acrylonitrile Butadiene Styrene (ABS) among all other regions. In 2021, Asia Pacific held a market share of nearly 45% of the global Acrylonitrile Butadiene Styrene (ABS). It is anticipated that it will continue to remain the most significant consumer throughout the projected period. Factors like increasing income levels and rapid anticipated further growth in the ABS market in this region. Based on production, Asia Pacific is also taking the lead and accounted for about 80% of the global Acrylonitrile Butadiene Styrene (ABS) in 2021.

“Global Acrylonitrile Butadiene Styrene (ABS) Market Analysis: Plant Capacity, Production, Technology, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, the significant players functional in the Acrylonitrile Butadiene Styrene (ABS) market include LG Chem, CHIMEI Corporation, Formosa Chemicals and Fiber Corporation, LOTTE Chemical Corporation, Jilin Petrochemical Company, Toray Industries, Tianjin Dagu Chemical Co., Ltd., and Jihua (Jieyang) ABS.

“The constant growing demand of Acrylonitrile Butadiene Styrene (ABS) due to its usage as a raw material the manufacturing automotive component is most likely to drive the Global Acrylonitrile Butadiene Styrene market in the forecast period until 2035. The properties of Acrylonitrile Butadiene Styrene like high durability, high-temperature resistance, and wear resistance, lightweight nature, make it a good material to manufacture household products and electrical appliances, which is most is likely to expand the Acrylonitrile Butadiene Styrene its 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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Styrene Butadiene Rubber (SBR) Market Size, Growth, Analysis & Forecast To 2035 | ChemAnalyst

According to ChemAnalyst report, “Global Styrene Butadiene Rubber (SBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, The Styrene Butadiene Rubber (SBR) market is expected to reach 9000 thousand tonnes in 2035, at a CAGR of 3.97% by 2035. The increasing demand for Styrene Butadiene Rubber (SBR) from Tires, Conveyor Belt, Shoe Sole, and Other end-use industries, is anticipated to expand the Styrene Butadiene Rubber (SBR) market in the forecast period. 

Styrene Butadiene Rubber (SBR) is a material which is most commonly used synthetic rubber on a global level. SBR is synthesized by copolymerizing butadiene (75%) and styrene (25%) in presence of free radical initiators. SBR is comparatively better than rubber in terms of stability and mechanical properties. Due to the enhanced interlinking of polymer chains, on oxidation, SBR turns harder rather than getting lose like rubber. Styrene Butadiene Rubber (SBR) is utilized in to make tires. Styrene Butadiene Rubber (SBR) is employed for manufacturing Gear couplings, vehicle parts, industrial rubber goods, and footwear heels and soles. SBR is also used as an adhesive in the latex form.

Moreover, across the globe, the expansion of the Styrene Butadiene Rubber (SBR) market is due to its properties like high durability, resistance to cracking, high-temperature resistance, and wear resistance. These properties make SBR a popular choice for the manufacture of tires. SBR market is major accounted by the Tire industry, holding about 84% of global market in 2021 and is anticipated to dominate the market by the forecast period due to rapid urbanization resulting in higher demand of tire for Commercial vehicles such as trucks and personal cars.

Read the full report: https://www.chemanalyst.com/industry-report/styrene-butadiene-rubber-sbr-market-279

The Styrene Butadiene Rubber (SBR) market is segmented based on type, end-use, sales channel, and region. Based on type, the Styrene Butadiene Rubber (SBR) market is segregated into Emulsion Styrene Butadiene Rubber and Solution Styrene Butadiene Rubber. Based on end-uses, the Styrene Butadiene Rubber (SBR) market is segregated into Tires, Conveyor Belt, Shoe Sole, and Others. The Tire industry dominates the Styrene Butadiene Rubber (SBR) market around the globe. Due to the properties of Styrene Butadiene Rubber (SBR)like toughness and resistance to abrasion calls for its growing demand in the Tire Industry in Heavy Commercial Vehicles (HCVs), Light Commercial vehicle (LCVs), and passenger cars. Increasing demand from other industries, such as the Conveyor Belt and Shoe Sole sectors, will most likely enhance the SBR demand during the predicted period.

Based on demand, Asia Pacific region is dominating as the consumer of Styrene Butadiene Rubber (SBR) among all other regions. In 2021, Asia Pacific held a market share nearby 40% of the global Styrene Butadiene Rubber (SBR) Based on production, Asia Pacific is also taking the lead as the producer of SBR. Currently, South Korea is the leading nation in terms of SBR production.

“Global Styrene Butadiene Rubber (SBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, the significant players functional in the Styrene Butadiene Rubber (SBR) market include Korea Kumho Petrochemical, PetroChina Company Limited, Synthos Group, Goodyear Tire and Rubber, Groupo Dynasol, Trinseo, JSR Corporation, TSRC Corporation, Sinopec Qilu petrochemicals, Bridgestone Corporation, LANXESS AG, Versalis, Lion Copolymer, and Shenhua Chemical Industrial.

“The constant growing demand of Styrene Butadiene Rubber (SBR) due to its usage as a raw material the manufacturing of tires of vehicles which is most likely to drive the Global Styrene Butadiene Rubber (SBR) market in the forecast period until 2035. The properties of Styrene Butadiene Rubber like high durability, resistance to cracking, high-temperature resistance, and wear resistance, make it a replacement to conventional rubber, which most is likely to expand its market in the production of tires and other goods 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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Maleic Anhydride Market Size, Growth, Analysis, Trends & Forecast To 2032 | ChemAnalyst

 According to ChemAnalyst report, “Global Maleic Anhydride Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032”, The Maleic Anhydride market will likely experience a significant rise and reach approximately 3500 thousand tonnes in 2032, at an expected CAGR of 4.76% during the forecast period by 2032. The rising demand of Maleic Anhydride by Unsaturated Polyester Resin, 1,4-butandiol, Fumaric Acid, Lube Oil Additives, and Other end-use industries is expected to result in expansion of the Maleic Anhydride market in the forecast period.

The organic compound maleic anhydride has the chemical formula C2H2(CO)2O. This colourless-white compound is synthesized by conducting vapor-phase oxidation of n-butane along with vanadium-phosphorus oxide as a catalyst. Maleic anhydride is a popular choice of raw material for synthesizing resins and lubricative oils for industrial applications. It is one of the most extensively used chemical in applied chemistry.  Maleic Anhydride also finds application as a precursor or additive in lubricants and food additives. Maleic anhydride is used to produce various commodities such as epoxy hardening agents, paper sizing, copolymers, hair care products, pharmaceuticals, sugar substitutes, paints, coatings, insecticides, and detergents.

The Maleic Anhydride market globally is driven by its usage as a feedstock to produced industrially significant resins and polymers such as Unsaturated Polyester Resin. Unsaturated Polyester Resin Industry solely consumed approximately 50% of global Maleic Anhydride in 2021. Construction and transportation industries both use unsaturated polyester resin. Unsaturated polyester resins are mostly utilised for manufacturing cladding, tankers, pipelines, and bathroom accessories. This is likely to drive the global Maleic Anhydride market in the forecast period.

Read the full report here: https://www.chemanalyst.com/industry-report/maleic-anhydride-market-654

The global Maleic Anhydride market is segmented based on end-use, sales channel, and region. Based on demand, Asia Pacific dominates the global Maleic Anhydride market, making up approximately half of the global Maleic Anhydride market in 2021. The ongoing modernization, industrialization, and construction in response to the multiplying population are all expected to have an impact on the region's market. It is anticipated that Asia Pacific will continue to dominate the market in the forecast years as well. Moreover, a strong demand for Maleic Anhydride from emerging economies like China, India and Japan is likely to propel the market growth of Maleic Anhydride.

Based on end-uses, the Maleic Anhydride market is segregated into Unsaturated Polyester Resin, 1,4-butandiol, Fumaric Acid, Lube Oil Additives, and Others. Out of all these sectors, the Unsaturated Polyester Resin Industry is the biggest consumer. 1,4-butandiol and Lube Oil Additives are the other major consumers of Maleic Anhydride.

Global Maleic Anhydride Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032”, the significant players employed in the Maleic Anhydride market are Qixiang tengda chemical, Huntsman Corporation, BASF, Taiyuan Qiaoyou Chemical Industrial, Shanxi Qiaoyou Chemical Co., Ltd, Sasol-Huntsman GmbH & Co., Lanxess, and Ningbo Jiangning Chemical Co. Ltd.

“The surging demand for Maleic Anhydride to produce industrially significant compounds and resins, primarily the Unsaturated Polyester Resin which is utilized by the construction and automobile industry is anticipated to drive the Global Maleic Anhydride market in the forecast period until 2032. Furthermore, its demand from the Lube Oil Additives is also expected to further contribute to the Global Maleic Anhydride 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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Bromine Market (2.79% CAGR) 2023 to 2035 | Industry Size, Share, Growth, Analysis and Forecast



According to ChemAnalyst report, “Global Bromine Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, The Bromine market will likely experience a significant rise and reach approximately 680 thousand tonnes in 2035, at an expected CAGR of 2.79% during the forecast period by 2035. The rising demand of Bromine by Flame Retardants, Drilling Fluid, Water Treatment, Hydrogen Bromide, and Other end-use industries is anticipated to result in expansion of the Bromine market in the forecast period.

 Bromine is a halogen with the symbol Br. This element is present in sea water naturally along with chlorine. On a commercial scale, it is extracted out from brine solution. Due to its special characteristics, bromine exhibits flame retardant qualities and is frequently employed in the manufacture of flame retardants. It has applications in various industries such as oil extraction, flame-retardants, and water treatments. The niche applications of Bromine are antimicrobials, water disinfectants, agrochemicals, pigments, chemical intermediates, and photographic materials. 

The Bromine market globally is driven by its application by the Flame Retardants Industry. This Industry solely consumed approximately 45% of global Bromine. Bromine is utilized for manufacture of certain chemicals like tetrabromobisphenol A, which is further utilized for making fire retardants. Furthermore, Bromine compounds are utilized as an additive in furniture foam and body of electronic gadgets to make them resistant to catching fire, resulting in greater demand of Bromine in the coming years. Also, the application of bromine as a drilling liquid and for making biocides for water treatment is expected to increase the demand of Bromine.

Read the full report: https://www.chemanalyst.com/industry-report/bromine-market-584

The global Bromine market is segmented based on end-use, sales channel, and region. Based on demand, Asia Pacific dominates the global Bromine market, consuming about a quarter of the global Bromine market in 2021. It is anticipated that it will continue to dominate the market in the coming years, followed by Europe and North America. Middle East is leading as a global producer of Bromine and displayed a production of more than 45% of the global Bromine in 2021. Israel and Jordan are the key producers of Bromine from this area.

Based on end-uses, the Bromine market is segregated into Flame Retardants, Drilling Fluid, Water Treatment, Hydrogen Bromide, and Others. The Flame Retardants Industry is dominating the Bromine market and is expected to maintain this position in the forecast period. In the projection period, there is expected to be an increase in demand for bromine due to the growing applications of drilling fluid and hydrogen bromide.

Global Bromine Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, the significant players functional in the Bromine market are ICL Industrial Products Limited, Albemarle Corp, Jordon Bromine Co., Agrocel Industries Private Limited, Chemtura Corp, Gulf Resources Inc, Tosoh Corporation, and Satyesh Brinechem Private Limited.

“The surging demand for Bromine for the manufacture of Flame Retardants is expected to take the lead on expansion of the Global Bromine market in the forecast period until 2035. Bromine is Furthermore, its demand as a component for manufacturing drilling fluids is also expected to further contribute to the Global Bromine 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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Tuesday, November 29, 2022

Phenol Market Size, Share, Growth | Analysis & Forecast, 2035 | ChemAnalyst



According to ChemAnalyst report, “Global Phenol Market Analysis: Plant Capacity, Production, Capacity by Process, Capacity by Technology, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Phenol market will likely experience a significant rise and reach approximately 17 million tonnes in 2035, at an expected CAGR of 3.59% during the forecast period by 2035. The rising demand for Bisphenol-A, Phenolic Resin, Pharmaceuticals, and other end-use industries, is anticipated to hike up the need for the Phenol market in the forecast period.

Phenol is an aromatic ring compound synthesized by three main methods: the Dow process, the Cumene process, and the Raschig–Hooker process. It has a chemical formula of C6H5OH. Physically, it is a white solid with water-soluble properties. On industrial level, the technologies employed for its production are Honeywell UOP, KBR, Versalis/Lummus, Mitsui, Badger, Lummus Technology, and Others.

Phenol is utilized to plastic and chemical industries to produce a wide range of chemicals such as picric acid, bisphenol A, adipic acid, and phenolic resins. Most of these chemicals and intermediates are further utilized for niche applications like ink, nylon, disinfectants, Bakelite, epoxies, herbicides, cleaners, and detergents. Durability, integrity, resistance, chemically inertness, and heat resistance are a few of phenolic resin's notable qualities. The woodwork industry utilizes these resins for making furniture items, plywood, laminates and even adhesives.

Read Full Report Here: https://www.chemanalyst.com/industry-report/phenol-market-184

The Phenol market globally is driven by its usage for synthesizing chemicals and their derivatives. Chemicals like bisphenol A and Phenolic Resin are primary derivatives of phenol.  The bisphenol-A industry consumed more than 40% of the global Phenol market in 2021 and is expected to take the lead even in the forecast period. Bisphenol A is used to create polycarbonate plastic, one of the most popular plastics. Polycarbonate plastic is used in various industries like Food & Beverage sector and the General commodity sector. It makes food containers, bottles, cups, and more. Furthermore, Phenolic resin is a popular material in the Furniture sector leading to further expansion of the Phenol market. Additionally, the pharmaceutical sector due to the Phenol's disinfectant activity also demands Phenol which is a contributing factor to the expansion of the Global Phenol market.

The global Phenol market is segmented based on end-use, sales channel, and region. Based on demand, Asia Pacific dominates the global Phenol market, consuming about a demand of approximately 50% of the global Phenol in 2021 amongst all other regions. It is anticipated that it will continue to dominate the market in the coming years, followed by Europe and North America. Asia Pacific is also leading as a global producer if Phenol and displayed a production of more than 30% of global Phenol in 2021.

Based on end-uses, the Phenol market is segregated into Bisphenol-A, Phenolic Resin, Pharmaceuticals, and Others. The Bisphenol-A Industry is dominating the Phenol market. It is anticipated to remain the most significant consumer in the forecast period, due to rising demand of plastic item that require Bisphenol-A as raw material. Pharmaceutical Industry is primarily driven due to the antibacterial and antifungal properties of Phenol.

Full Report: https://www.chemanalyst.com/industry-report/phenol-market-184

“Global Phenol Market Analysis: Plant Capacity, Production, Capacity by Process, Capacity by Technology, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Phenol market are Ineos Group Ltd, Cepsa Corporation, Formosa Chemicals and Fibre Corp., Kumho P&B Chemicals., Inc., Chang Chun Petrochemical Co., Ltd., LG Chem Ltd., PTT Phenol, Advansix, Zhejiang Petroleum & Chemical Co., Ltd., SABIC Innovative Plastics, and Shell Chemicals.

“The increasing demand for plastic goods demands for higher amounts of feedstock chemicals. The constant rising demand of Phenol for synthesizing chemicals like Bisphenol-A and Phenolic Resin, which are consumed by the plastic industry as raw materials to manufacture commodities is expected to drive the Global Phenol market in the forecast period until 2035.  The Phenol global market during the forecast period is finely contributed by demand from the pharmaceutical industry owing to its disinfectant activity. “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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Fatty Alcohol Ethoxylates Market Size, Share, Analysis, Growth, and Forecast, 2035 | ChemAnalyst


According to ChemAnalyst report, “Global Fatty Alcohol Ethoxylates (FAE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Fatty Alcohol Ethoxylates (FAE) market is likely to experience a significant expansion and expected to reach 2400 thousand tonnes in 2035, at an expected CAGR of 4.37% during the forecast period. The increasing demand of Fatty Alcohol Ethoxylates (FAE) from Personal Care Products, Homecare Products, Textile Industry, and Others (paper, agriculture) end-use industries is expected to hike the demand for Fatty Alcohol Ethoxylates (FAE) in the coming years. Personal Care Products are the majorly creating a demand of Fatty Alcohol Ethoxylates (FAE) on a global level.

Fatty Alcohol Ethoxylates (FAE) are synthesized by the ethoxylation of fatty alcohols. They are non-ionic surfactants employed in a wide range of industries. They display excellent foaming nature and detergency and are responsible for their usage as an ingredient for shampoos and detergents. FAE are various applications like personal care products, cleansers, dishwashing, leather processing, skincare, makeup, textile processing, paints, and inks. They are further employed as emulsifiers and degreasers in many industries as well.

The Personal Care Products primarily drive the Fatty Alcohol Ethoxylates (FAE) market across the globe. In 2021, the Fatty Alcohol Ethoxylates (FAE) industry consumed nearly 48% of the global Fatty Alcohol Ethoxylates (FAE). Fatty Alcohol Ethoxylates (FAE) are non-ionic surfactants that work as a functional ingredient in soaps and detergents. Due to the rising population, the demand of personal care hygiene products such as shampoo and detergents is susceptible to increasing, thus resulting in the expansion of the FAE market.

Read Full Report Here: https://www.chemanalyst.com/industry-report/fatty-alcohol-ethoxylates-fae-market-708

The Fatty Alcohol Ethoxylates (FAE) market is segmented based on end-use, sales channel, and region. Based on end-uses, the Fatty Alcohol Ethoxylates (FAE) market is segregated into Personal Care Products, Homecare Products, Textile Industry, and Others (paper, agriculture). The Fatty Alcohol Ethoxylates (FAE) sector is the leading global Fatty Alcohol Ethoxylates (FAE) market-consuming Personal Care Products dominate the market. This industry is anticipated to remain the most significant consumer in the forecast period. Homecare Products also hold a prominent market share.

Asia Pacific dominates the global Fatty Alcohol Ethoxylates (FAE) market, consuming about with a demand of nearly 40% of the market share of global Fatty Alcohol Ethoxylates (FAE) in 2021 among all other regions. It is anticipated that Asia Pacific will retain its position in the coming years as well due to changing lifestyle of people creating the demand of personal care commodities in this region.  Asia Pacific was leading across the globe even as a producer and accounted for about 80% of the global Fatty Alcohol Ethoxylates (FAE) production in 2021.

Global Fatty Alcohol Ethoxylates (FAE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Fatty Alcohol Ethoxylates (FAE) market include with Sanjiang Fine Chemicals, Shell plc, Thai Ethoxylate Company, Liaoning Huaxing Group Chemical, Pan Asia Chemicals, Clariant, Petronas Chemicals Derivatives Sdn. Bhd., and Jilin Chemical.

“The rapidly growing demand of Fatty Alcohol Ethoxylates (FAE) as a non-ionic surfactant to produce Personal Care Products is most likely to drive the Global Fatty Alcohol Ethoxylates (FAE) market in the forecast period until 2035. Continuous growing demand for Fatty Alcohol Ethoxylates (FAE) due to its excellent properties like excellent foaming nature and detergency, for its applications in the production of Personal Care Products and Homecare Products leading to result in Fatty Alcohol Ethoxylates (FAE) market expansion in the forecast period. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Browse the related reports:

Fatty Alcohol Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, Distribution Channel, Regional Demand, 2015-2030

https://www.chemanalyst.com/industry-report/fatty-alcohol-market-634

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.

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Monday, November 28, 2022

Calcium Carbonate Market Size, Growth, Analysis, Trends & Forecast To 2035 | ChemAnalyst

According to the ChemAnalyst report, “Global Calcium Carbonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Foreign Trade, 2015-2035”, The Calcium Carbonate market is likely to experience a significant increase by reaching 16150 thousand tonnes in 2035, at a CAGR of 4.49% in the upcoming years. The demand for Calcium Carbonate is anticipated grow in the forthcoming years because of the rising demand from end-use industries such as Paper and Pulp, Paint & Coating, etc.

As of 2021, the consumption of Calcium Carbonate is approximately 8700 thousand tonnes. It is mainly obtained from mining or quarrying and is used further as a popular chemical for different industries. Calcium Carbonate is used in various sectors such as construction, painting & coatings, pulp & paper, chemical Industry, plastic industry, food industry.

Calcium Carbonate market is primarily driven by its application in the Paper and Pulp industry. Calcium Carbonate is a whitening and brightening agent, making it a widely used product in the paper and pulp industry, causing the demand for Calcium Carbonate globally. Paper is widely employed in packaging materials, medical specialized sheets, sanitation paper products, and flexible packaging, which is propelling the demand for calcium carbonate on a global level. Calcium Carbonate is employed as an agent to adjust the sheen, an extender, a rheology adjuster, an addition to increase density in the paint and coating industry. The demand of paints and coatings is anticipated to rise in the forthcoming years with major demand from automotive and construction sector, that will propel the Calcium Carbonate demand by 2035.

Read Full Report Here: https://www.chemanalyst.com/industry-report/calcium-carbonate-market-687

The Calcium Carbonate market is segmented based on end-use, sales channel, and region. Based on end-uses, the Calcium Carbonate market is segregated into industries such as Paper and Pulp, Paints & Coatings, Construction, Plastic, and others. The Paper and Pulp industry dominates the Calcium Carbonate market around the globe. It will likely stay the most significant end-user industry during the forecast period, owing to the rapidly growing demand of tissue paper and paper products.

The Asia Pacific is the leading consumer of Calcium Carbonate among all other regions. This region is anticipated to maintain its dominance during the forecast period. Due to the growing demand for Calcium Carbonate in the Paper and Pulp industry and the Construction industry, the global Calcium Carbonate market is anticipated to flourish in the forecast period. Currently, Belgium is the leading producer of Calcium Carbonate. This European region is expected to grow production as per the rising demands.

 “Global Calcium Carbonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Foreign Trade, 2015-2035”, the significant players functional in the Calcium Carbonate market include Global Calcium Carbonate are Minerals Technologies Inc., United States Lime & Minerals, Inc., Omya, Imerys S.A., Saudi Carbonate Co. Ltd., Manaseer Group., OKUTAMA KOGYO CO.,LTD., Global Group of Companies (GGC), Arabian Calcium Carbonate Co., National Carbonate Companies, Emirates Calcium Carbonate factory, Golden Lime Public Company Limited, United Compounding Industrial Company, Ascom Carbonate and Chemical Manufacturing (ACCM), and Fujian Sanmu Nano calcium Carbonate Co., Ltd.

“The rapidly increasing demand of Calcium Carbonate due to its whitening and opacity-enhancing qualities, which are employed in the paper and pulp sector as well as paint and coating industry is propelling the Calcium Carbonate market in the forecast period. The demand for calcium carbonate is expected to increase significantly in the Asia Pacific area during the forecast period, driven by the construction and paper & pulp industries, which is anticipated to further grow owning up to industrialization in this region by 2035. “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:

Imani Jex

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Call:- +1 3322586602

Email: sales@chemanalyst.com

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N-Heptane Market Size, Growth, Share, Analysis, Trends & Forecast To 2035 | ChemAnalyst

 

According to the ChemAnalyst report, “Global n-Heptane Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End User Industries, Sales Channel, Region, Company Share, 2015-2035”, The n-Heptane market is likely to experience a significant increase by reaching 300 thousand tonnes in 2035, at a CAGR of 4% in the upcoming years. The demand for n-Heptane is expected to increase due to the rising demand from end-use industries such as Solvent, Pharmaceuticals, and electronics industry.

The straight-chain alkane n-heptane has the chemical formula C7H16. The demand for n-Heptane is primarily due to the properties it possesses and being the preferred chemical as a solvent. Being highly soluble in ether and chloroform, n-Heptane finds its use as a non-polar solvent in medicine, reagent, cleaning agents, inks, and pesticides. For testing anti-knock engines, n-Heptane is employed as a component of the test fuel. n-heptane is used as a thinner in paints and coatings for applications in automotive and construction activities. Furthermore, n-heptane is employed as a purification agent for pharmaceuticals and other synthetic chemicals.

The primary market driver for the global n-heptane market is its application as a solvent. Due to its solvability, the demand for n-heptane is constantly increasing for use in various products, including medicines, cleaning products, paints, coatings, adhesives, and sealants. In the coming years, the rise in construction activities, industrialization, and rising volume of electronic items, calls for greater quantities of paints and coating which is anticipated to swell the n-heptane demand in the forecast period. Since heptane is primarily used to purify pharmaceutical items, demand for heptane in pharmaceutical applications is anticipated to rise in the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/n-heptane-market-689

The n-Heptane market is segmented based on end-use, sales channel, and region. Due to its increasing application as a solvent in multiple industries is expected to drive the demand in coming years. Based on end-use, the n-Heptane market is divided into sectors, including solvent, pharmaceuticals, electronics, and others. The solvent industry dominates the global n-Heptane market. Due to the increasing demand, it is projected to continue to be the most crucial end-user industry over the projection period.

The Asia Pacific is the leading consumer of n-Heptane among all other regions, and this anticipates that it will continue to maintain its dominance during the forecast period. Due to the growing demand for n-Heptane in the Solvent industry, this demand is expected to rise further. Currently, China is the leading producer of n-Heptane.

“Global n-Heptane Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Company Share, 2015-2035”, the significant players functional in the n-Heptane market include Global n-Heptane are Hanwha Total Petrochemical, Chuzhou Runda Solvents Co., Ltd, Henan ZT League Chemical Co., Ltd., Liaoning Yufeng Chemical Co., Ltd, KH Chemicals BV, Shell Chemicals, Chevron Phillips Chemical, Phillips 66, Haltermann Carless, TOA Oil Co.Ltd, SK Global Chemical, and others.

“The rapidly increasing demand for n-Heptane due to solubility in ether and results in its application as a Solvent in multiple industries such as the pharmaceutical and paint industry, which is expected to boost its market in the forecast period until 2035. In the forecast period, it is anticipated that increased heptane use in coatings and adhesives used in a wide range of industries, including the automotive and construction sectors will further enhance the market. “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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Cumene Market Size, Growth, Leading Players, Trends & Forecast to 2032 | ChemAnalyst

 According to ChemAnalyst report, “Global Cumene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, The Cumene market will likely experience a significant rise and reach approximately 25 million tonnes, at an expected CAGR of 4.10% during the forecast period by 2032. The rising demand for Cumene in Phenol, Acetone, and other end-use industries, is anticipated to grow the demand for the Cumene market in the forecast period.

Cumene is an organic chemical compound with a chemical formula such as C9H12. This compound is synthesized by an alkylation reaction of benzene with propylene in the presence of solid phosphoric acid as the catalyst. Cumene is a flammable liquid and serves as a component of crude oil. Cumene is a naturally occurring component of coal tar and petroleum and is used as a thinner for paints, lacquers, and enamels. Cumene is utilized for the production of various chemicals such as acetophenone, methyl styrene, phenol, and acetone.

The Cumene market globally is driven by the manufacturing of Phenol and Acetone. Acetone is one of the main ingredients in nail polish remover and serves as a thinner in creams and body lotions. Acetone is a solvent in oils, fats, waxes, and adhesives. Phenol and its derivatives are employed in the production of manufacture of general-use goods like plastic containers. The growing demand for Phenol and acetone for application in the pharmaceutical, cosmetics, industrial, and plastic production industries is anticipated to propel the demand for Cumene in the forecast period.

Read Full Report: https://www.chemanalyst.com/industry-report/cumene-market-55

The global Cumene market is segmented based on end-use, sales channel, and region. Based on demand, Asia Pacific is the largest player in the global Cumene market. In 2021, this region consumed approximately half of the global Cumene market 2021. It is anticipated that Asia Pacific will continue to dominate the market in the coming years, with the growing demand for Cumene and its derivatives due to the expanding construction activity and manufacturing in developing nations.

Based on end-uses, the Cumene market is segregated into Phenol, Acetone, and Others. The Phenol and Acetone industries are both prominent consumers of the global Cumene market. But, by a small margin, the Phenol industry has captured a higher share of the global Cumene market and held a market share of nearly 50% of the Cumene market in 2021. It is anticipated to remain these industries will remain the most significant consumers of Cumene in the forecast period.

Global Cumene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, the significant players functional in the Cumene market are Cepsa Corporation, Ineos Group Ltd, Shell Plc, CITGO Petroleum Corporation, Flint Hills Resources, PTT Phenol, Formosa Chemical and Fibre, Sunoco, Kumho P&B Chemicals., Inc., Versalis, Mitsui Phenols Singapore Ltd, and Marathon Petroleum Corporation (MPC).

“The increasing demand for phenol and acetone will result in a higher demand of their feedstock chemical, Cumene. The rising demand of phenol and acetone to manufacture medicines, oils, waxes, polymers, cosmetics, and other general-use commodities is expected to drive the Global Cumene market in the forecast period until 2032. “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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Methanol Market Size, Growth, Analysis, Trends & Forecast To 2032 | ChemAnalyst

 According to ChemAnalyst report, “Global Methanol Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, The Methanol market is likely to experience a significant increase by reaching 136 million tonnes in 2032, at an expected CAGR of 4.24% during the coming decade. The increasing demand of Methanol from Formaldehyde, MTO, MTBE, Gasoline Blending, and Other end-use industries, is anticipated to hike up the demand for Methanol market in the coming years.

Methanol is a polar solvent with the chemical formula of CH3OH. It is also called wood spirit because this solvent was produced by distillation of wood in early years. On an industrial level, methanol is synthesized by catalytic reduction of carbon monoxide. Methanol is used as replacement of gasoline-based fuel due to its benefits such as low cost of production and low risk of combustion. It is used as a denaturant in alcohols. Its niche applications include paints & coatings, automotive, pharmaceutical, and electronics. It is used as a feedstock to synthesize chemicals such as formaldehyde, acrylic plastics, acetic acid, organic aromatic compounds, and olefins.

The Methanol market across the globe is majorly driven due to its application as a solvent. It is used to synthesize chemicals like formaldehyde, MTO, and MBE. In 2021, the Formaldehyde Industry consumed more than 27% of the global Methanol. This industry is expected to stay as the dominant consumer in the future as well. Also, Methanol is employed in the fuel sector as well, where Methanol is mixed with gasoline to improve fuel quality. This is one more reason that is most likely to contribute to the growth of the Methanol market in the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/methanol-market-219

The global Methanol market is segmented based on end-use, sales channel, and region. Based on end-uses, the Methanol market is segregated into Formaldehyde, MTO, MTBE, Gasoline Blending, and Others. The Formaldehyde Industry is dominating the Methanol market and held a market share of 27% in 2021. It is anticipated to remain the most significant consumer in forecast period as well. The Gasoline Blending with Methanol to improve fuel property is another leading segment of the Methanol market. 

Based on demand, Asia Pacific dominates the global Methanol market, consuming about with a demand of approximately 65% of the global Methanol in 2021 amongst all other regions, and it is anticipated that it will continue to dominate the market in the coming years.

Global Methanol Market Analysis: 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 Methanol market include Methanex Corporation, Mitsubishi Gas Chemical, Saudi Arabia Basic Industries Corporation (SABIC), Methanol Holdings (Trinidad) Limited (MHTL), Ningxia Baofeng Energy Group, Methanol Australia Limited, and NPC-Zagros.

“The increasing demand for Methanol for synthesizing chemicals like Formaldehyde, MTO, and MBE is anticipated to drive the Global Methanol market in the forecast period until 2032. The properties of Methanol, like its low cost of production and low flammability, make it an alternative to gasoline-based fuels. Additionally, its uses like gasoline blending, to enhance fuel quality are anticipated to further add to the rising demand for global methanol in the projection period through 2032. “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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

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...