Chemicals Research, Business & Intelligence | ChemAnalyst

Thursday, March 30, 2023

Adipic Acid Market Size to Grow at a CAGR of 3.74% during the forecast period, 2035 | ChemAnalyst


 According to ChemAnalyst report, “Global Adipic Acid Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-Use, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, The Adipic Acid market will likely experience a significant rise and reach approximately 4000 thousand tonnes in 2035, at an expected CAGR of 3.74% during the forecast period by 2035. The growing demand from the Automotive, Electrical & Electronics, Industrial Application, Building & Construction, and Other end-use industries is anticipated to hike up the demand for the Adipic Acid market in the forecast period.

Adipic Acid has a chemical formula of (CH2)4(COOH)2. This crystalline white salt can be prepared by oxidation of cyclohexanone and cyclohexanol with nitric acid in a multistep pathway. Adipic Acid is a versatile chemical utilized in various industries. Adipic Acid is also used in polyurethanes, adipic esters, plasticizers, and food additives, among other things. Additionally, some water-based acrylic emulsion paints and varnishes use adipic Acid as a difunctional cross-linking component. However, the main use of adipic Acid is in the production of nylon 6,6 when it is used as a comonomer with hexamethylenediamine. Apparel, sporting goods, consumer goods, electronics, home goods, and other products are made using nylon 6,6.

Read Full Report Here: https://www.chemanalyst.com/industry-report/adipic-acid-market-715

The Adipic Acid market globally is primarily driven by its usage for manufacturing Nylon 6,6. Due to its lightweight nature and durability, Nylon 6,6 is employed in multiple industries such as textile and automotive. The most vital application of Nylon 6,6 lies in the manufacturing components of automobiles, such as engine coverings, air intake pipes, airbag containers, and glass-reinforced polymers. This, in turn, reduces the overall weight by 7-8%, thus reducing carbon dioxide emissions. This application is anticipated the robust growth of the Adipic Acid market in the upcoming years. Additionally, the demand for paints and coatings is expected to increase, which would likely lead to a growth in the adipic acid market in the forecast period. These industries are expected to see further expansion due to rapid development, construction of homes and commercial complexes in the forecast period.

The global Adipic Acid market is segmented based on end-use, sales channel, and region. Based on end-uses, the Adipic Acid market is segregated into Automotive, Electrical & Electronics, Industrial Application, Building & Construction, and Others. The Automotive Industry is leading the Adipic Acid market and accounted for a market share of about 40% of the Adipic Acid market in 2021. It is anticipated to retain this position in the forecast period owing to the rising demand for vehicles across the globe.

Based on demand by region, Asia Pacific dominates the global Adipic Acid market, consuming nearly 40% of the global Adipic Acid in 2021 amongst all other areas. Furthermore, China is leading as a worldwide producer of Adipic Acid and is expected to remain the leader in the upcoming years.

Book A Demo for Adipic Acid Market Report

 “Global Adipic Acid Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-Use, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, the significant players active in the Adipic Acid market are BASF SE, Chongqing Huafon Chemical Co., Ltd., Shandong Haili Chemical Industry Co., Ltd, INVISTA, Shandong Hualu Hengsheng Chemical Co., Ltd., Shenma Industrial Co., Ltd., China National Petroleum Corporation, Zhejiang Shuyang Chemical Co.,Ltd, Tangshan Zhonghao Chemical Co., Ltd., LANXESS, and Radici Partecipazioni SpA.

“The expansion of the global Adipic Acid market is anticipated to be driven by the growing demand for Nylon 6,6 for manufacturing vehicle interior and exterior components by the forecast period of 2035. Properties of Nylon 6,6, such as its durability, combined with lightweight properties, which makes it popular material for manufacturing lightweight vehicle parts, as a replacement of metal parts, that can reduce the overall weight of the vehicles which is expected to further boost the demand for Adipic Acid globally 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:

Manvi Goyal

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Metallocene Linear Low Density Polyethene Market Size, Growth, Analysis & Forecast, 2035

 


According to ChemAnalyst report, “Global Metallocene Linear Low Density Polyethene (mLLDPE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Metallocene Linear Low Density Polyethene (mLLDPE) market will likely experience a significant rise and reach approximately 4000 thousand tonnes in 2035, at an expected CAGR of 5.17% during the forecast period by 2035. The rising demand for Metallocene Linear Low Density Polyethene (mLLDPE) in Packaging, Agriculture Film, Heavy Duty Sacks, and Other end-use industries, is anticipated to grow the need for the Metallocene Linear Low Density Polyethene (mLLDPE) market in the forecast period.

Metallocene Linear Low Density Polyethene (mLLDPE) is a special kind of Polyethylene which is synthesized using metallocene with Ziegler catalyst. It has superior performance in comparison to LLDPE. mLLDPE possess properties like impact resistance, flexibility, and mechanical properties. Mostly, mLLDPE is employed for packaging purposes. Furthermore, due to its insulating nature, it is employed in manufacturing films, extruded parts, high-performance films, and slacks.

The Metallocene Linear Low Density Polyethene (mLLDPE) market globally is driven by its application in the packaging industry. Owing to high mechanical strength, barrier properties, and elasticity, it is employed in manufacturing of laminating sheet. People's rising concern for their health has increased the need for packaged food items, which is anticipated to fuel the demand for flexible mLLDPE packaging. mLLDPE is excellent for high-performance film applications in the pharmaceutical industry, which contributes finely to the market expansion by 2035.

Read Full Report Here: https://www.chemanalyst.com/industry-report/mlldpe-market-64

The global Metallocene Linear Low Density Polyethene (mLLDPE) market is segmented on end-use, sales channel, and region. Based on region, Asia Pacific is the largest consumer in the global Metallocene Linear Low Density Polyethene (mLLDPE) market. In 2021, this region consumed approximately 50% of the global Metallocene Linear Low Density Polyethene (mLLDPE). It is anticipated that Asia Pacific will continue to dominate the market in the coming years. In countries like China and India, requirement of ready-to-eat food items is rising as a result of the expanding urbanization and population, which is likely to support the Metallocene Linear Low Density Polyethene (mLLDPE) market expansion for its application as a packaging material in the forthcoming years. Furthermore, USA is the leading producer of mLLDPE on the global level.

Based on end-uses, the Metallocene Linear Low Density Polyethene (mLLDPE) market is segregated into Packaging, Agriculture Film, Heavy Duty Sacks, and Others. Although, Packaging Industry dominates the mLLDPE market. In 2021, this industry held a market share of nearly 75% of the Metallocene Linear Low Density Polyethene (mLLDPE) market. It is anticipated to remain the most significant consumer in the forecast period due to the growing demand for packaging materials for e-commerce, food, beverages, and pharmaceuticals.

Global Metallocene Linear Low Density Polyethene (mLLDPE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Metallocene Linear Low Density Polyethene (mLLDPE) market are ExxonMobil Corporation, Prime Polymer Co Ltd., Daelim Industrial Co. Ltd, PTT Global Chemical Public Company Limited, The Dow Chemical Company, LG Chem, Chevron Phillips Chemical Company, Ineos Group Ltd, Repsol, SABIC SK Nexlene Company, Braskem, Shenyang Chemical, and Gas Authority of India Limited (GAIL).

Book A Demo for Metallocene Linear Low Density Polyethene (mLLDPE) Market Report

“The increasing rate of urbanization demands for greater need of packaging materials. The constant rising demand of Metallocene Linear Low Density Polyethene (mLLDPE). Due to its barrier properties, flexible nature, and resistance to chemicals, it is widely employed for manufacturing films, laminates, and high-performance films which are utilized by pharmaceutical and food & beverage sector, anticipated to drive the Global Metallocene Linear Low Density Polyethene (mLLDPE) market in the forecast period until 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:

Manvi Goyal

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Epoxy Resin Market | Global Industry Size, Share, Growth and Forecast to 2030 | ChemAnalyst

 


According to ChemAnalyst report, “Global Epoxy Resin Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Grade, Type, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2030”, The Epoxy Resin market is likely to experience a significant increase by reaching 5000 thousand tonnes in 2030, at a CAGR of 4.05% in the upcoming years. In the upcoming years, the market for Epoxy Resin is anticipated to grow due to rising demand from end-use industries such as Paints & Coatings, Electrical & Electronics, Construction, Composite Materials, Adhesives, and Others.

Epoxy Resin is a thermosetting polymer with excellent bind adhesion strength. These resins possess properties such as corrosion resistance, high thermal stability, high mechanical strength, high chemical and environmental resistance, and high durability. These resins are widely employed as adhesives and find applications in numerous industries. Some of these  industries are building & construction sector, solar cells, electronic appliances, and spacecraft sector.

Moreover, globally, the increase in demand for Epoxy Resin is majorly due to their properties. Epoxy resins are versatile resins with many applications. It is widely used as an adhesive for applications in the construction and automobiles. The market for Epoxy Resins is anticipated to be driven by rising demand for lightweight, high-performance materials from the construction and automotive industries owing to rapid urbanization. Furthermore, they are heavily used in the Paints & Coatings sector, which is anticipated to rise. Owing to the urbanization, the requirement of paints, coatings, varnishes, and adhesives is bound to rise, anticipated to swell the Epoxy Resin market. Moreover, its application as a sealant in solar cells and space craft parts is expected to expand the market by 2030.

Read Full Report Here: https://www.chemanalyst.com/industry-report/epoxy-resin-market-597

The Epoxy Resin market is segmented based on type, grade, end-use, sales channel, and region. Based on type, the Epoxy Resin market is segregated into Bisphenol A Based Resin, Bisphenol F Based Resin, Epoxy Phenol Novolac Based Resin, Cycloaliphatic Epoxy Based Resin, and Others. Bisphenol A Based Resins are driving the market growth and mostly employed for manufacturing polycarbonate plastic. Based on grade, the Epoxy Resin market is segregated into Liquid, Semi-Solid, and Solid.  Liquid Epoxy Resin dominates the market which are useful for a range of industrial applications including Fiberglass casting, floor covering, sealants, coatings, and encapsulants.

Based on end-uses, the Epoxy Resin market is segregated into Paints & Coatings, Electrical & Electronics, Construction, Composite Materials, Adhesives, and Others. The largest consumer of Epoxy Resin is the Paints & Coatings industry with a consumption of approximately 40% of the global market in 2021. Owing to the superior resistance towards chemicals, acids, and bases, Epoxy Resin is widely employed in these industries.

Asia Pacific is the leading consumer of Epoxy Resin among all other regions. The application of Epoxy Resin in construction industry is the primary driver of the growing demand for Epoxy Resin in this region. China is the leading producer of Epoxy Resin on the global level.

 “Global Epoxy Resin Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Grade, Type, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2030”, the significant players functional in the Epoxy Resin market include Olin Coporation, Nan Ya Plastics Co Ltd, Jiangsu Sanmu Group, Kukdo Chemical Co., Ltd., Hexion Inc., Kumho P&B Chemicals, Huntsman Corporation, Nantong Xincheng Synthetic Material Co Ltd, Zhuhai Hongchang Electronic Material Co Ltd, Jiangsu Yangnong Kumho Chemical Co., Ltd., Sinopec Baling Petrochemical Co., Ltd, and NAMA Chemicals.

Book A Demo for Epoxy Resin Market Report

“The rapidly increasing demand for adhesives and paints in construction sector is expected to boost the Epoxy Resin market in the forecast period until 2030. Due to its high resistance to chemicals, gases, water, high-temperature, and corrosion, Epoxy Resin finds its application in construction and automobile industry. Moreover, its applications as an adhesive in solar cells and aerospace is expected to further grow the demand of Epoxy Resins 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:

Manvi Goyal

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Wednesday, March 29, 2023

Linear Alkyl Benzene Market Size, Share, Growth, Analysis and Forecast to 2032 | ChemAnalyst

 

 

According to ChemAnalyst report, “Global Linear Alkyl Benzene (LAB) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, The Linear Alkyl Benzene (LAB) market is anticipated to experience a significant rise and reach approximately 6500 thousand tonnes, at an expected CAGR of 4.36% during the forecast period by 2032. The rising demand for Linear Alkyl Benzene (LAB) by Linear Alkylbenzene Sulfonate (LAS) and other end-use industries is anticipated to grow the demand for the Linear Alkyl Benzene (LAB) market in the forecast period. 

Linear Alkyl Benzene (LAB) is an organic compound. LAB has the chemical formula as C6H5CnH2n+1. The value of n generally lies between 10 and 16. LAB is employed to manufacture Linear Alkylbenzene Sulfonate (LAS), a biodegradable surfactant. LAS is widely used in producing household detergents, institutional cleansers, and commercial cleaners.

The global market for linear alkyl benzene (LAB) is primarily being driven by an increase in the overall consumption of LAB for the production of Linear Alkylbenzene Sulfonate (LAS). One of the most common anionic surfactants in detergents like washing powders and dishwashing solutions is linear alkylbenzene sulfonates (LAS). About 90% of LAB consumed globally is used for the production of LAS to produce laundry detergents, dishwashing liquids, industrial cleaners, and household cleaners. The LAB market is anticipated to expand, supported by reasons such as rising urbanisation, increasing levels of washing machine ownership among consumers, and rising family incomes.

Read Full Report Here: https://www.chemanalyst.com/industry-report/linear-alkyl-benzene-market-278

The global Linear Alkyl Benzene (LAB) market is segmented on end-use, sales channel, and region. Based on region, Asia Pacific is the largest consumer of the global Linear Alkyl Benzene (LAB) market. In 2021, this region consumed approximately 50% of the global Linear Alkyl Benzene (LAB). Europe and North America stand next in the line after the Asia Pacific region as the consumers of Linear Alkyl Benzene (LAB). Moreover, Asia Pacific is dominating the Global Linear Alkyl Benzene (LAB) market in terms of production, with China and India ahead in the market.

Based on end-uses, the Linear Alkyl Benzene (LAB) market is segregated into Linear Alkylbenzene Sulfonate (LAS) and others. The Linear Alkyl Benzene (LAB) Industry dominates the Linear Alkyl Benzene (LAB) market. With rising concerns over cleanliness and personal hygiene, the demand for cleansers and detergents is anticipated to grow for domestic and commercial applications that require LAS as raw material, propelling the demand for LAB as a raw material.

Book A Demo Online Request: Linear Alkyl Benzene (LAB) Market Report

 Global Linear Alkyl Benzene (LAB) 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 Linear Alkyl Benzene (LAB) market are Cepsa Corporation, Sasol, Ho Tung Chemical Corp., Isu Chemical Co., Reliance Industries Ltd., FARABI Petrochemicals Company, PT Unggul Indah Cahaya Tbk (UIC), Tamilnadu Petroproducts Limited, Indian Oil Corporation Ltd, and LABIX Company Limited.

“Linear Alkyl Benzene (LAB) is employed as a feedstock for the synthesis of Linear Alkylbenzene Sulfonate (LAS), which is further utilized for manufacturing laundry detergents, light-duty dishwashing liquids, industrial cleaners, household cleaners and other is likely to drive the Global Linear Alkyl Benzene (LAB) market in the forecast period until 2032. LAS is a biodegradable anionic surfactant and eco-friendly ingredient which is widely used to manufacture detergents. Due to rise in urbanization, the demand of detergents and cleaners will rise, which is anticipated to swell the demand of Linear Alkyl Benzene (LAB) on a global level in coming decade. “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:

Manvi Goyal

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Ethanol Market Size, Share to Grow at a CAGR of 4.75% by 2032 | ChemAnalyst

 

 

According to ChemAnalyst report, “Global Ethanol Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share 2015-2032”, The Ethanol market is likely to experience a significant increase by reaching 162 million tonnes in 2032, at a CAGR of 4.75% in the upcoming years. In the upcoming years, the market for Ethanol is anticipated to grow due to rising demand from end-use industries such as Fuel and its additives, Food & Beverages, Chemicals, Cosmetics & Personal Care Products, and Others. Ethanol holds disinfectant properties and is highly soluble and employed as a feedstock.

The chemical compound ethanol, also known as ethyl alcohol, is a colourless and flammable liquid. It is produced during fermentation and utilised as a coolant and a solvent. On a large scale, Ethanol is usually obtained from the fermentation of sugar into yeast. Ethanol is a highly soluble chemical, so it is employed in various industries for this property. It is mostly found in alcoholic beverages. It is employed in producing a wide range of products, such as lacquer, paints, coatings, drugs, dyes, inks, polishes, plastics, plasticizers, cosmetics, and more. Ethanol is antibacterial and used as a component in sanitizers, hand rubs, and handwashes. 

Read Full Report Here: https://www.chemanalyst.com/industry-report/ethanol-market-594

Moreover, globally, the increase in demand for Ethanol is majorly due to its properties such as solubility and flammability. It is widely used as a fuel additive. Adding Ethanol to gasoline enhances thermal efficiency, improves fuel economy, and aids in starting vehicles in low temperatures. The Fuel and its additives Industry is the biggest end-user market of Ethanol, holding a share of more than 40% of the market share in 2021. In the coming, the growth in demand for fuel by the automotive industry for the transportation of goods and people is anticipated to propel the demand for Ethanol in the forecast period. Furthermore, the utilization of Ethanol as a solvent for the synthesis of a wide range of chemicals, including ethyl esters, acetic acid, diethyl ether, and more, is anticipated to further fuel the demand for Ethanol in the forecast period. 

The Ethanol market is segmented based on end-use, sales channel, and region. Based on end-uses, the Ethanol market is segregated into Fuel and its additives, Food & Beverages, Chemicals, Cosmetics & Personal Care Products, and Others. The highest demand for Ethanol is in the Fuel and additives industry, followed by the Chemical industry.

North America is the leading consumer of Ethanol among all other regions. The application of Ethanol in gasoline is the primary driver of the growing demand for Ethanol in this region. The USA is the leading producer of Ethanol on the global level.

Book A Demo Online Request: Ethanol Market Analysis Report

 “Global Ethanol 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 Ethanol market include POET Biorefining, Archer Daniels Midland, Valero Energy, Green Plains LLC, Sao Martinho, SDIC Bio Co., Ltd., Flint Hills Resources LP, Atvos, COFCO Biochemical, The Andersons, Inc., Marquis Energy LLC, and Others.

 “The rapidly increasing demand for fuel additives coupled with growing demand of solvent is expected to boost the Ethanol market in the forecast period until 2032. Due to soluble nature of Ethanol, it finds its application in the manufacture of multiple chemicals and other substances like paints, inks, and varnishes which is anticipated to boost the Ethanol demand in the forecast period owing to rapid industrialization across the globe” 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:

Manvi Goyal

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

GGBFS Market | Global Industry Size, Share, Growth Analysis & Forecast to 2035

 


According to ChemAnalyst report, “Global Granulated Ground Blast Furnace Slag (GGBFS) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Demand by Type, Sales Channel, Company Share, Foreign Trade, Regional Demand, 2015-2035”, The Global Granulated Ground Blast Furnace Slag (GGBFS) market is likely to experience an increase by reaching 585 million tonnes in 2035, at a CAGR of 3.20% in the approaching years. In the upcoming years, the market for Global Granulated Ground Blast Furnace Slag (GGBFS) will most likely grow because of the rising demand from end-use industries such Portland Cement & Concrete, Bricks & Blocks and Others.

Largely Granulated Ground Blast Furnace Slag (GGBFS) is produced as a by-product of iron blast furnace process and most often used for steel production. About 1500 °C, the blast furnace is supplied with a precisely regulated mixture of limestone, coke, and iron ore, in which GGBFS is produced as a by-product.

Moreover, across the globe, the surge in demand of Granulated Ground Blast Furnace Slag (GGBFS) is mainly due to its ability to increasing strength, durability, and effectiveness properties of concrete, which is the primary driver of the GGBFS market. In 2021, the Portland Cement & Concrete Industry held a market share of approximately 69% of global GGBFS market. Owing to fast pace of industrialization across the globe, the demand of cement and concrete will definitely increase, which will further fuel the of Granulated Ground Blast Furnace Slag market by 2035.

Read Full Report Here: https://www.chemanalyst.com/industry-report/granulated-ground-blast-furnace-slag-ggbfs-market-713

The Granulated Ground Blast Furnace Slag (GGBFS) market is segmented based on type, end-use, sales channel, and region. Based on type, GGBFS market is segregated into Alkalinity Blast Furnace Slag and Acidic Blast Furnace Slag.

Based on end-uses, the Granulated Ground Blast Furnace Slag (GGBFS) market is segregated into Portland Cement & Concrete, Bricks & Blocks, and others. The Construction industry dominates the Granulated Ground Blast Furnace Slag (GGBFS) market around the globe. It will most likely stay the biggest end user industry during the forecast period, owing to its high demand in concrete and other strengthening products.

Asia Pacific is the leading consumer of Granulated Ground Blast Furnace Slag (GGBFS) among all other regions, and it is anticipated that it will continue to maintain its dominance during the forecast period. Highest demand for Granulated Ground Blast Furnace Slag (GGBFS) is in Construction industry followed by land filling. China is the leading producer and of Granulated Ground Blast Furnace Slag (GGBFS) across the globe. 

Book A Demo Online Request: Granulated Ground Blast Furnace Slag (GGBFS) Market

 “Global Granulated Ground Blast Furnace Slag (GGBFS) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Demand by Type, Sales Channel, Company Share, Foreign Trade, Regional Demand, 2015-2035”, the significant players functional in the Granulated Ground Blast Furnace Slag (GGBFS) market include China Baowu Steel Group Corp., Ltd, Nippon Steel Corporation, ArcelorMittal S.A., JFE Steel Corporation, Maanshan Iron & Steel Company Limited, Changcheng Special Steels Co Ltd, Baosteel, Hunan Valin Xiangtan Iron and Steel Co., Ltd., Zenith Steel Group Co. Ltd., Gansu Jiu Steel Group Hongxing Iron and Steel Co ltd., TATA Steel and Others.

 “The rapidly increasing demand for Granulated Ground Blast Furnace Slag (GGBFS) for its properties like strengthening and durability in cement industry coupled with growing demand from bricks and blocks manufacturing is likely to boost the market in the forecast period until 2035. Ground Blast Furnace Slag (GGBFS) is used for improvement of compressive strength of concrete, which drives its demand in the cement industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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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:

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Ammonia Market Size, Share to Grow at a CAGR of 7.22% by 2030 | ChemAnalyst


According to the ChemAnalyst report, “Global Ammonia Market Analysis: Plant Capacity, Production, Operating Efficiency, Foreign Trade, Demand & Supply, End-User Industries, Sales Channel, Company Share, Regional Demand, 2015-2030”, The Ammonia market will likely face a significant increase by reaching 310 million tonnes in 2030, at a CAGR of 7.22% in the upcoming years. The demand for Ammonia will most probably increase in the forthcoming years because of the rising demand from end-use industries such as Agriculture, Fertilizers, Textiles, Pharmaceuticals, Explosives, Refrigeration, and Others.

Ammonia is an inorganic compound with the chemical formula NH3. Ammonia is a colourless gas with a strong characteristic odour. It is mainly obtained from Haber’s process by treating hydrogen with atmospheric nitrogen in the presence of a catalyst. Ammonia is a popular chemical for different industries and is a primary nitrogen source. Ammonia is used in fertilizers, air condition refrigeration, plastics, detergents, explosives, pesticides, etc.

Browse the full report: https://www.chemanalyst.com/industry-report/ammonia-market-631

The use of Ammonia in agriculture and fertilisers is what essentially drives the market for it internationally. This sector accounted for more than 60% of the global ammonia market in 2021. The agricultural industry is where nitrogenous fertilisers are most commonly used. Sales of fertilisers are anticipated to rise in the forthcoming years due to the growing global population and increased food production. The Ammonia Market is anticipated to further swell up by the use of Ammonia in the pharmaceutical industry as a respiratory stimulant, and for the manufacture of medications Ammonium hydroxide, a common active ingredient in cleaning and disinfection solutions also requires Ammonia as a raw material, which is anticipated to further contribute the market growth in the forecast period. Ammonia is commonly added to chlorine in municipal water treatment systems to enhance chlorine’s ability to disinfect water.

The Ammonia market is segmented on end-use, sales channel, and region. Based on end-uses, the Global Ammonia market is segregated into industries such as Agriculture & Fertilizers, Textiles, Pharmaceutical, Explosives, Refrigeration, and Others. The Agriculture and Fertilizers industry dominates the Ammonia market around the globe. It will likely stay the most significant end-user industry during the forecast period, owing to the high demand for fertilizers for the production of crops in the forecast period.

The Asia Pacific is the leading consumer of Ammonia among all other regions, which anticipates that it will continue to maintain its dominance during the forecast period. Due to the growing demand for Ammonia in the Agriculture and Fertilizer industry, the demand for Ammonia in APAC is anticipated to expand further. Currently, China is the leading producer as well as consumer of Ammonia. This Asia Pacific region is expected to grow production per the rising demands.

Book A Demo Online Request: Ammonia Market Analysis Report

 “Global Ammonia Market Analysis: Plant Capacity, Production, Operating Efficiency, Foreign Trade, Demand & Supply, End-User Industries, Sales Channel, Company Share, Regional Demand, 2015-2030”, the significant players functional in the Global Ammonia market include are CF Industries, Nutrien, Jinmei Group, Yihua Group, Qatar Fertilizer Co (QAFCO), PetroChina Group, TogliattiAzot, EuroChem Group, Acro Group, Yangmei Group, Parsian Oil and Gas Development Group Co., and  Indian Farmers Fertiliser Co-operative Limited (IFFCO).

“The rapidly increasing demand for Ammonia is due to its huge usage Agriculture & Fertilizer industry for manufacturing nitrogen-based fertilizers, which is expected to boost the Ammonia market in the forecast period until 2030. In the next years, there will be a rise in population across the globe, creating a huge demand of crops that will swell the demand of Ammonia 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:

Manvi Goyal

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Tuesday, March 28, 2023

India Potassium Carbonate Market Size, Growth, Analysis, Trends and Forecast to 2030 | ChemAnalyst

 

According to ChemAnalyst report, India Potassium Carbonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030”, The India Potassium Carbonate Market is likely to grow at a CAGR of 5.28% during the forecasted period by FY2030. The end-use industries like Glass Industry, Fertilizer industry, Rubber Chemicals, and Pesticide Industry are anticipated to accelerate the Potassium Carbonate Market in India in the forthcoming years.

Potassium Carbonate is an inorganic compound which is a salt of potassium with chemical formula K2CO3. It is a white salt that creates a strongly alkaline solution and is soluble in water but insoluble in ethanol. When potassium hydroxide absorbent reacts with carbon dioxide, potassium carbonate can be produced as a byproduct. Potassium Carbonate comes under the category of bulk chemicals and fertilizers is mainly manufactured by Bertrams, Switzerland process technology, with Caustic Potash as a raw material. Among the many uses for potassium carbonate are the production of chemical compounds, fertilizers, soaps, and heat-resistant glass. Moreover, it goes into the production of pigments and printing inks. The production of glass is one of the main industries in which this substance is used. Potassium carbonate is also used to make cathode rays, television tubes, and optical lenses. This substance is a stabilizing ingredient used in a number of winemaking procedures. Potassium Carbonate is also employed to extinguish fires.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-potassium-carbonate-comprehensive-techno-commercial-market-15

Potassium Carbonate has been widely employed in the glass industry. With the fast-paced urbanization and increase in construction of building and public infrastructure across the nation, the demand for glass and ceramics is anticipated to rise and fuel the potassium carbonate market. Glass also finds applications in other industries as well as such as automotives and electronic goods, which contribute finely to the market. Other major applications for potassium carbonate are in agriculture. It aids in plant growth and helps the soil stay moist and porous by absorbing water from the atmosphere. With fast-paced urbanization and reduction in cultivable land, it becomes a challenge to fulfil the crop demand of the rising population. Potash is used by farmers to fortify plant stems and roots and increase crop yield, which further augments the India Potassium Carbonate market.

The India Potassium Carbonate Market is segmented based on end-use, sales channel, and region. Based on end-use, the India Potassium Carbonate market is segregated into Glass Industry, Fertilizer industry, Rubber Chemicals, Pesticide Industry, and Others. Among these, Glass Industry is dominating the Potassium Carbonate market. This segment held roughly 60% of the Potassium Carbonate market in FY2022. Potassium Carbonate finds use in the glass industry to manufacture TV Picture Tubes, Ophthalmic glasses, and GLS lamps.

Based on region, the India Potassium Carbonate Market is segregated into North, South, East, and West. In the historic period of FY2015-FY2022, West India has been dominating the market. West India has been the dominating in the consumption of Potassium Carbonate for a variety of uses due to the presence of major glass and plasticizer industries located in West India.

Book A Demo Online Request: India Potassium Carbonate Market Analysis Report

 “India Potassium Carbonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030” Domestic players in the India Potassium Carbonate market are Gujarat Alkalis and Chemicals Limited (GACL) and Andhra Sugars Limited. Other global platers in the Potassium Carbonate market are Evonik Industries AG, Zhejiang Dayang Biology Technology Co.,Ltd., UNID, Armand Products,  Hebei Xinji Chemical Group Co.,Ltd, Zhejiang Juhua Co., Ltd., and Others.

“The rapidly increasing demand of Potassium Carbonate to manufacture glass and ceramics for applications in various downstream industries such as construction, automotives, electronics, etc, in anticipated to boost the India Potassium Carbonate Market in the forecast period until FY2030. Additionally, it is predicted that throughout the projection period, the market would be further influenced by growing demand for Potassium Carbonate in the fertilizer industry, to narrow the demand-supply gap of crops across the nation. “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.

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India Methyl Tert-Butyl Ether Market Size, Growth, Analysis, Trends and Forecast to 2030 | ChemAnalyst

 

According to ChemAnalyst report, “India Methyl Tert-Butyl Ether (MTBE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030”, The India Methyl Tert-Butyl Ether (MTBE) Market is likely to grow, at a CAGR of 5.69% during the forecasted period. The end-user industries like Gasoline Blending, Chemical Intermediates, and Medical are anticipated to accelerate the Methyl Tert-Butyl Ether (MTBE) Market in India in the forthcoming years.

Methyl tert-butyl ether or Methyl tertiary-butyl ether (MTBE) is an organic compound with the chemical formula (CH3)3COCH3. MTBE is a flammable, volatile, and colorless liquid that is sparingly soluble in water. MTBE is manufactured by the reaction of Methanol and Isobutene over a catalyst. Hence, its demand and supply are directly linked to the availability of Methanol in the domestic market. As Methanol is produced in small amounts due to the unavailability of Natural Gas, an abundant quantity of Methanol is imported from the international market to meet up with the production in India. Demand for MTBE in India is mainly due to the growing consumption of gasoline in automotive and in machinery for generating electricity.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-methyl-tert-butyl-ether-comprehensive-techno-commercial-market--13

The Methyl Tert-Butyl Ether (MTBE) market in India is primarily driven by its usage for gasoline blending purposes. Oxygen aids in more thorough combustion of fuel, lowering hazardous tailpipe emissions from automobiles. In one sense, sulphur and aromatics (like benzene) included in gasoline are diluted or replaced by oxygen. In another, oxygen enhances combustion-related oxidation. Because it is a readily available, reasonably priced feedstock and has the ability to lower vehicle emissions, MTBE is used to replace the aromatics found in gasoline. Also, it is a more affordable alternative to harmful fuel additives including benzene, sulphur, lead, and olefins. Another market-driving aspect of MTBE is the use of methyl t-butyl ether as a medical solvent to dissolve gallstones and cholesterol-reduction medicines. Furthermore, the production of methyl methacrylate (MMA), high-purity polyisobutylene, extremely reactive polyisobutylene, and a few other minor derivatives utilizing MTBE has increased demand for MTBE across the country.

The India Methyl Tert-Butyl Ether (MTBE) Market is segmented based on end-use, sales channel, and region. Based on end-use, the India Methyl Tert-Butyl Ether (MTBE) market is segregated into Gasoline Blending, Chemical Intermediates, Medical, and Others. Gasoline Blending is dominating the MTBE market with an estimated market share of 75% in FY2022. The automobile industry uses MTBE in industrial engines to facilitate the complete combustion of the fuel, which reduces engine knocking and elongates the service life of the machinery.

Regionally, the India Methyl Tert-Butyl Ether (MTBE) market is segregated into four regions based on regional consumption: West, South, North, and South. Western states like Gujarat and Maharashtra are the major consumers of Methyl Tert-Butyl Ether (MTBE) due to the presence of significant industries and ease of shipping with the allocation of ports in states like Gujarat, Rajasthan, and Maharashtra.

Book A Demo Online: India Methyl Tert-Butyl Ether (MTBE) Market Analysis Report

 “India Methyl Tert-Butyl Ether (MTBE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030” Major players in the India Methyl Tert-Butyl Ether (MTBE) market are Nayara Energy, Reliance Industries, Bharat Petroleum Corporation Ltd, Indian Oil Corporation Ltd, Pon Pure Chemicals Group, Otto Chemie Pvt. Ltd., Vinati Organics Limited, Manas Petro Chem, and Others.

“The rapidly increasing demand of Methyl Tert-Butyl Ether (MTBE) as a fuel additive in gasoline to increase oxygen content coupled with its ease of miscibility is expected to majorly drive the India Methyl Tert-Butyl Ether (MTBE) Market in the forecast period until FY2030. Additionally, it is predicted that throughout the projection period, the market would be further influenced by growing demand for Methyl Tert-Butyl Ether (MTBE) to dissolve gallstones. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide. 

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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.

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India Expanded Polystyrene Market Size, Growth, Analysis, Trends and Forecast to 2030 | ChemAnalyst

 

According to ChemAnalyst report, India Expanded Polystyrene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030”, India Expanded Polystyrene Market is likely to grow at a CAGR of 5.81% during the forecasted period by FY2030. The end-user industries of Industrial Packaging, Food Packaging, and Building & Construction are anticipated to favor the Expanded Polystyrene Market expansion in India in the forthcoming years.

Expanded polystyrene (EPS) is a white rigid material formed from expanded polystyrene beads. It is a plastic foam insulation product that is lightweight and stiff. The inflated and then molded EPS beads are utilized to create larger EPS blocks that are then used to construct walls, ceilings, flooring, basements, and architectural features. The low-density polymer known as EPS, which is organized into separate cells, has high moisture resistance, good chemical barrier protection, and lightweight properties.

Read Full Report Here: https://www.chemanalyst.com/industry-report/expanded-polystyrene-comprehensive-techno-commercial-market-22

Due to its properties like resistance to bacteria and fungi, EPS is also frequently used to protect food and prevent damage during various phases of food manufacturing and transportation. Because of its low heat conductivity, it is frequently used in the fish business for the packaging and transportation of fish products. The construction of various residential buildings is majorly driving the demand for Expanded Polystyrene due to its unique durability and perfect thermal efficiency. As the product is lightweight, it is widely used in packings of fragile items such as glassware or moreover as solid blocks to improve the safety of products. Industrial packaging frequently utilizes EPS packaging. Due to its shock absorption ability, it offers industrial items the perfect material for comprehensive protection and safety from risk during transit and handling. To transport and store delicate objects including fragile medical devices, electronic parts, electrical consumer goods, toys, and horticultural products, this firm lightweight foam can be molded into any shape. EPS is also widely used in the medical sector for the transportation of crucial transplant organs. Additionally, in the automotive industries, Expanded Polystyrene plays a very important role to provide comfort to passengers EPS Foams are used in the manufacturing of seats used in vehicles.

India Expanded Polystyrene Market is segmented based on end-use, sales channel, and region. Based on end-use, India Expanded Polystyrene Market is divided into Industrial Packaging, Food Packaging, Building & Construction, and Others. As of FY2022, the Industrial Packaging industry is dominating the EPS market with a share of 36%. The insulating properties, chemical inertness, bacterial and pest resistance, etc. of EPS make it a popular material in the packaging sector. It can only absorb a small amount of water according to its closed-cell structure.

Based on region, India Expanded Polystyrene Market is segregated into North, South, East, and West. In the historic period of FY2015-FY2022, West India has been dominating the market. In FY2022, West India consumed approximately 35% of the market, owing to the presence of plasticizers located in Western states like Gujarat, Maharashtra, and Rajasthan.

 “India Expanded Polystyrene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030” Major players operating in India Expanded Polystyrene market include Supreme Petrochem, Lg Polymers India Pvt. Ltd., K.K Nag Pvt. Ltd and others. Some of the global key players in the product market include SYNTHOS, BASF, and Others.

“Growing demand for Expanded Polystyrene (EPS) as a popular choice of packaging material in various industries such as industrial, food & beverages, electronics & electricals, due to its properties like shock-resistance, chemical-resistance, bacterial-resistance, and cost-effectiveness is anticipated to swell the demand for EPS in the forecast period. The lightweight foam is used to offer thermal insulation in cold storage, refrigerators, walls, and roofing since it is inert, durable, and resistant to water damage. Owing to fast-paced urbanization across India, the demand for EPS for packaging purposes is anticipated to rise in the forecast period till FY2030. “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.

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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...