Chemicals Research, Business & Intelligence | ChemAnalyst

Friday, April 28, 2023

Viscose Staple Fibre Market: Size, Growth, Analysis, Trends, and Forecast to 2030

 

According to ChemAnalyst report, “Global Viscose Staple Fibre (VSF) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Viscose Staple Fibre (VSF) market has shown considerable growth in historic period and is projected to achieve a healthy CAGR of 4.78% during the forecast period. Due to continuous growing demand for bio-degradable, eco-friendly, and sustainable products from consumers, there is expected an increase in the demand of VSF for its lightweight and heat absorbing properties from Industries such as apparel and textiles. As VSF possess the ability to be light, breathable, and highly absorbent of heat and moisture, they are highly used in the manufacturing of soft, smooth, and durable fabrics for various sectors.   

Viscose Staple Fibre Overview:

Viscose Staple Fibre (VSF) also known as artificial cotton Fibre is a versatile natural and biodegradable Fibre which is similar to cotton in texture. Due to its versatility as it is breathable, flexible, easy to blend and have excellent color retention, VSF makes an incredible choice for many textile factories to manufacture fabrics for chiffon, crepe, lace, outerwear, and others.  VSF is a natural fibre that is made of cellulose from the pulp that dissolves including cotton pulp and wood pulp. The demand of viscose fibres in woven and non-woven textiles industry is expected to drive the VSF market in upcoming years. The production of the VSF increased rapidly up to 2.8 million tonnes due to the high demand in non-woven textiles applications. The insufficient availability and supply of Fibres including cotton leading to its multiple increase in prices worldwide would further propel the demand for Viscose Staple Fibres.

Read Full Report Here: https://www.chemanalyst.com/industry-report/viscose-staple-fibre-market-607

Viscose Staple Fibre Applications:

VSF has numerous applications such as Yarns: VSF are highly used in the making of viscose embroidery threads, cord, novelty Yarns, chenille etc; Fabrics: As VSF blends easily with other fibres, it is widely used in making crepes, lace, outerwear etc; Apparels: women’s, men’s and kid’s clothing are made using VSF; Domestic textiles: Viscose fibres are used in blankets, curtains, hosiery, tablecloth and others; Industrial textiles: VSF are also used in the manufacturing of mechanical rubber, goods such as tires, belts, hoses, agriculture and other textile industries.

Environmental Impact:

Chemicals that are being used in the production of Viscose such as Carbon disulphide, are toxic and can lead to adverse health effects. However, VSF is a natural fibre and have a cotton like structure, which is not considered hazardous or polluting. When it comes to biodegradation, the viscose staple fibre is highly accessible to water and microorganisms which makes them completely biodegradable. The new method that has been Introduced lately for the manufacturing of VSF is known as Lyocell Process in which N-Methlymorpholine N-oxide is used as a solvent which produces a very little waste product making it more sustainable and environmentally friendly.

Due to the onset of the Covid-19, The production, and sales of VSF were highly impacted due to the fall in textile sector. Due to government’s restrictions and nationwide lockdowns, the manufacturers halted their operations, which affected the global supply chain and distribution. However, there is expected an Improvement in the upcoming year as the economy is reopening and operations are resuming by the companies. Rising demand from woven and non-woven textile industry is driving an uprise in global VSF market. As cases due to COVID increased, the manufacturers also started focusing on the production of mask which further increased the overall market of non-woven Fibres, that is used for production of masks for example Lenzing AG, which is a leading company based in Austria which started the safety masks production in 2020 following numerous increases in the demand. 

Viscose Staple Fibre Regional Outlook:

Region wise, Asia-Pacific region dominates the VSF market followed by Europe and North America. The dominance of the APAC region is highly impacted by the continuous growth of textile industry across Asian countries leading a huge demand for VSF for various applications. The Asian countries including China, Japan, India and South Korea accounts for the largest world mill consumption of Viscose Staple Fibre for textile applications, whereas for non-woven applications, Western Europe dominates the VSF mill consumption. China has become the largest exporter of grey Viscose Staple fabrics followed by Indonesia. The production and demand of VSF has declined over the last few years worldwide. However, former Soviet Union countries and Eastern European countries has shown an increase in the production and demand of VSF over the last several years. The market price and expenditure pattern of  Australia’s textile and yarn industry similar to that of the U.S. industry.

Book A Demo Online Request: Viscose Staple Fibre (VSF) Market Analysis Report

FAQs:

  • What Is Economic Impact On Viscose Staple Fiber Industry?

The COVID-19 had a severe impact on the global VSF market by affecting the production, global supply chain and distribution due to nationwide lockdown and travel ban. However, the nonwoven textile industry led to the production of safety masks during the global crises which boosted the demand of VSF worldwide.

  • Which Technology is majorly used for the Production of Viscose Staple Fiber?

Lyocell process is being used for the production of VSF lately in which solvent N-Methlymorpholine N- oxide is used which produces a very little waste product making it more sustainable and environmentally friendly.

  • Which region dominates the global Viscose Fiber Staple Market?

Asia-Pacific region dominates the VSF market followed by Europe and North America

Key Points of this Report:

  1. Analysing the market potential by its grade, applications, end-use, segments and volume by calculating the Compound Annual Growth Rate (CAGR) from historic and forecast period.
  2. Focusing on the driving factors, opportunities, growth, potential and challenges in the market.
  3. Brief information on the production, manufacturing, handling, sales and distribution across different geographic channels to expand economy and revenue.
  4. Evaluating a competitive landscape of more than ten global companies by analysing their product value, import-export sales and supply-demand gap.

“Being linked to the downstream application such as Clothing, Auto Industries and home textiles etc, the global Viscose Staple Fibre Industry has shown a significant growth along with the growing population and shifting in the consumer preference. It is projected that in the upcoming years, India is going to become the world's fifth biggest consumer market. In addition, growing per capita income worldwide poised a stronger outlook to the country’s VSF demand. The nationwide lockdown and government’s restrictions affected the global  supply chain logistics and caused immediate shortage of raw materials hence increased the prices of VSF in textile industry. Meanwhile, China serves as the major region for growth as well as with sufficiently installed capacities. With new competitors emerging across the Asian acetone market, it is extremely important to keep an eye which region will grab the biggest market share during the forecast period .” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Key Players:

Some of the major players operating in global Viscose Staple Fibre market are Aditya Birla Chemicals, Glanzstoff, Jilin Chemical Fibre Group co., Ltd, Kelheim Fibres GmbH, Nanjing Chemical Fibre Co. Ltd, Xingda Chemical Fibre Co. Ltd, Lenzing AG, Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd, Xinjiang Zhongtai Chemical Co. Ltd, Sateri Holding Ltd. and Others.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Titanium Dioxide Market: Size, Growth, Analysis, Trends, and Forecast to 2035

 


According to ChemAnalyst report, “Global Titanium Dioxide Market Analysis: Plant Capacity, Production, Process, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Titanium Dioxide market will likely experience a significant rise and reach approximately 5500 thousand tonnes in 2035, at an expected CAGR of 4.92% during the forecast period by 2035. The rising demand for Titanium Dioxide in Paints & Coatings, Plastic, Paper, and other end-use industries, is anticipated to grow the need for the Titanium Dioxide market in the forecast period.

Titanium Dioxide is an inorganic compound with the chemical formula TiO₂. The naturally occurring source of titanium dioxide, ilmenite ore, which contains up to 45–60% titanium dioxide, can be used to extract titanium dioxide. The sulphate or chloride process can be utilized to create pure titanium dioxide from this ore. Rutile and anatase ores can also be used to extract titanium dioxide. This is the most frequently used white pigment currently in the world. Due to its high refractive index, it is used in the majority of applications where a white color or gloss is required. It provides optimum thickness and opacity to the paint. Some well-known applications of Titanium Dioxide include packaging, printing inks, other cosmetics, toothpaste, and food. Other niche applications include paints, catalytic coatings, plastics, paper, medicines, and sunscreen.

Read Full Report Here: https://www.chemanalyst.com/industry-report/titanium-dioxide-market-599

The Titanium Dioxide market globally is driven by its usage as a pigment in the employment in Paints & Coatings Industry. It is the most commonly used white pigment in the industry. Due to its high refractive index, it can scatter visible light when used as a pigment. When applied to a surface or used in a product, this produces an opaque colour with a dazzling, reflective quality. Titanium Dioxide is employed in paints and coatings, which are suitable for applications in the automotive and construction industry. Expanding needs for paints and pigments across a variety of industries, including personal care, pharmaceuticals, and construction, are anticipated to swell the Titanium Dioxide market in the forecast years. 

The global Titanium Dioxide market is segmented on end-use, sales channel, and region. Based on region, Asia Pacific is the largest consumer in the global Titanium Dioxide market. In 2021, this region consumed approximately 30% of the global Titanium Dioxide. It is anticipated that Asia Pacific will continue to dominate the market in the coming years. In countries like China and India, infrastructure investment is rising as a result of the expanding urbanization and population, which is likely to support the Titanium Dioxide market expansion over the forecast period.

Based on end-uses, the Titanium Dioxide market is segregated into Paints & Coatings, Plastic, Paper, and Others. The Paints & Coatings Industry dominates the Titanium Dioxide market. In 2021, this industry held a market share of nearly 40% of the Titanium Dioxide market. It is anticipated to remain the most significant consumer in the forecast period due to the growing demand for paints by the automotive and construction industry in the forecast period.

Book A Demo Online Request: Titanium Dioxide Market Report

Global Titanium Dioxide Market Analysis: Plant Capacity, Production, Process, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Titanium Dioxide market are The Chemours Company, Tronox Holdings Plc, Lomon Billions Group, Venator Materials Plc, KRONOS, The Louisiana Pigment Company, LP (KRONOS-Huntsman/Tioxide JV), The Kerala Minerals & Metals Limited, Indian Rare Earths Limited (IREL), and Cochin Minerals & Rutile Ltd (CMRL).

“The increasing rate of urbanization demands for paints, coatings, and pigment of feedstock chemicals. The constant rising demand of Titanium Dioxide as a white pigment due to its high-refractive index to manufacture paints and coatings is anticipated to drive the Global Titanium Dioxide market in the forecast period until 2035. The Titanium Dioxide global market during the forecast period is further contributed by demand from the personal care products owing to its UV light absorbing properties. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Global Nutraceuticals Market: Size, Growth, Analysis, Trends, and Forecast to 2030

 

According to ChemAnalyst report, “Global Nutraceuticals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global nutraceuticals demand stood at 3.21 Million Tonnes in 2020 and are forecast to reach 5.60 Million Tonnes by 2030, growing at a healthy CAGR of 5.75% until 2030. Growing population and changing consumer preference towards healthy food with high nutritious and pharmaceutical value is expected to drive the demand of nutraceuticals for the forecast period. Additionally, increasing awareness about nutraceuticals is also another factor propelling the demand.

Nutraceuticals are food products that have both nutrient and pharmaceutical value. Nutraceuticals are basically foods which are necessary for well being and can be considered as extra physiological products. They can be considered as food therapies used to promote general well-being, control symptoms, and prevent diseases. Nutraceuticals are of several types including functional foods which include cereal, confectionary, dairy, and snacks, functional beverages which include energy drinks, sports drinks, dairy, fortified juices, and others, dietary supplements which include vitamins, minerals, enzymes, botanicals, proteins, fatty acids, and others. Due to their healthy properties, they find application in food therapeutics, and gym supplements industry.

Read Full Report Here: https://www.chemanalyst.com/industry-report/nutraceuticals-market-582

Nutraceuticals is basically food having both nutritious and pharmaceutical value. Their major application areas are food therapeutics and gym supplements industry. Growing awareness about healthy and balanced diet is a factor propelling demand growth for nutraceuticals. There are many diseases which are caused due to over and under eating in terms of nutrition. There are other diseases which are related to the overall metabolism of the body. Nutraceuticals target both the nutrition and metabolism of the body and provide the body with good and balanced nutrition. There are customized diets available for different body types which can help in the well-being through food habits only.

Nutraceuticals are related to food. Hence, the price is directly linked to the fluctuations in the prices of food items. In the first half of FY20 sudden outbreak of novel coronavirus followed by a rise in the demand of packaged healthy food rendered a major rise in the global nutraceuticals, hence the prices remained high for nutraceuticals during the coronavirus pandemic. Demand has picked up in the recent quarters and is projected to grow due to increasing demand from Asia Pacific and North America.

Regionally, Asia Pacific dominates the global nutraceuticals market and holds the largest market share in FY20. Asia’s nutraceuticals market is anticipated to grow in the economies like China due to increasing demand of healthy packaged food.  Additionally growing population and increasing awareness about health and proper diet is another factor supporting demand rise in Asia Pacific.

Major players for Nutraceuticals globally include Cargill Incorporated, DuPont, Archer Daniels Midland Company, Danone, General Mills, Nestle S.A, Innophos, WR Grace, Amway Corporation, PepsiCo Inc., Kellogg Co., Nature’s bounty.
 
Request Sample Report: Nutraceuticals Market Report

“Being linked to the food industry, the global nutraceuticals industry has shown a robust growth alongside growing population and changing consumer preference towards healthy food.  Regionwise, Asia pacific holds the major share of global nutraceuticals demand due to increasing population and awareness about benefits of balanced and healthy diet. In Asia Pacific, China serves as the key growth region with sufficiently installed capacities for nutraceuticals.  With new competitors emerging across the Asia Pacific nutraceuticals market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst. 

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Global Silicone Market: Size, Growth, Analysis, Trends, and Forecast to 2030

 

According to ChemAnalyst report, “Silicone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Silicone market stood at 7.21 Million Tonnes in 2020 and is forecast to reach 11.21 Million Tonnes by 2030, growing at a healthy CAGR of 4.55% until 2030, due to its many useful qualities, including toughness, heat resistance, foam control, adhesion, UV stability, discharge safety, transparency, glossiness, radiation resistance, and flexibility. Due to these characteristics, silicone can be used to create seals and gaskets for hot air or autoclaves, which need to be sterilised at a high temperature. Due to its low toxicity and risk for any unfavourable biological responses, silicone elastomers are now widely used in both culinary and medical applications.

Read Full Report Here: https://www.chemanalyst.com/industry-report/silicone-market-580

Siloxanes, which are monomers made of silicon atoms joined by oxygen, carbon, and hydrogen atoms, are polymerized to create silicone, an inert synthetic polymer. Elastomers, resins, fluids, and gels are the various forms of silicon. They are used to produce cookware, lubricants, adhesives, and medical purposes. Due to their adaptable qualities, silicones are used in a variety of end markets, including building and construction, industrial processes, personal care and consumer goods, electronics, transportation, medical and healthcare, and energy. During the forecast period, Silicone demand is anticipated to be driven by booming demand from the electronics and construction industries.

The spread of COVID-19 in 2020's major world economies led to widespread lockdowns that had an effect on a number of industries, including Silicone-related industries because manufacturing facilities were shut down and the demand and supply chains were disrupted. However, after lockdowns were lifted, the market for silicon resumed with full potential due to strong demand from end-use sectors like healthcare, construction, and electronics. The silicone market is also expected to grow throughout the projected period due to the rising use of liquid silicon rubber in the automotive and medical industries.

Region wise, Asia pacific region holds the major share of global demand for silicone due to increasing demand of application industries such as Construction, Automobile, Electronics, Personal Care and Healthcare etc. Moreover, rising population and per capita income in emerging economies like India and China coupled with growing number of products using Silicone is another factor influencing demand growth in the Asia Pacific region. A significant rise is expected to be observed in North America in the forecasted region due to the presence of various end use industries and its increasing demand in Building and Construction sector in the region.

Request Sample Report: Silicone Market Report

Major Players:

  • Dow,
  • Emerald Performance Materials,
  • Evonik Industries AG,
  • Jiangsu Mingzhu Silicone Rubber Material Co., Ltd,  
  • Kaneka Corporation,
  • Shin-Etsu Chemical Co. Ltd,
  • Wynca Group,
  • Hoshine Silicon Industry Co. Ltd,
  • Elkay Chemicals Pvt. Ltd.,
  • Supreme Silicones,
  • Specialty Silicone Products, Inc.

“Being linked to the automotive and construction sectors, the global Silicone industry has shown a robust growth alongside urbanization and changing consumer preference towards environment friendly materials. Moreover, growing demand from other sectors including personal care, medical and healthcare sectors, will also extend the market for Silicone in the forecast period. In Asia Pacific, China and India serve as the key growth region with sufficiently installed capacities for Silicone.  With new competitors emerging across the Asia Pacific Silicone market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Thursday, April 27, 2023

Europe Biodiesel Market Size, Share, Growth, Analysis & Forecast, 2030 | ChemAnalyst


According to ChemAnalyst report, “Europe Biodiesel Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030", Europe Biodiesel demand stood at 6.03 Million Tonnes in 2020 and is forecast to reach 11.553 Million Tonnes by 2030, growing at a healthy CAGR of 6.8% until 2030. 

Biodiesel is becoming an increasingly popular alternative fuel in Europe, driven by a growing concern for the environment and the need to reduce dependence on imported fossil fuels. Europe is a significant market for biodiesel, with countries such as Germany, France, and Spain leading the way in production and consumption.

Read Full Report Here: https://www.chemanalyst.com/industry-report/europe-biodiesel-market-572

One of the significant advantages of biodiesel is that it is a renewable fuel that is produced from sustainable sources such as vegetable oils, animal fats, and recycled cooking oils. This makes it an attractive option for countries in Europe that are looking to reduce their carbon footprint and transition to a low-carbon economy.

Another advantage of biodiesel is that it can be used in existing diesel engines without the need for any significant modifications. This means that it can be easily integrated into the existing transportation infrastructure without any significant additional costs.

The European biodiesel market is expected to experience significant growth over the next few years, driven by increasing demand for alternative fuels and government initiatives promoting the use of biofuels. This has created a favorable policy environment for the biodiesel industry in Europe.

Request Sample Report: Europe Biodiesel Market

However, there are also several challenges that the European biodiesel market faces, including the availability of sustainable feedstocks, competition from other biofuels such as ethanol, and the fluctuating price of crude oil, which affects the price of biodiesel.

In conclusion, the European biodiesel market is a rapidly growing market that is expected to experience significant growth over the next few years. While there are challenges to overcome, the benefits of biodiesel as a sustainable and renewable fuel make it an attractive option for countries in Europe looking to reduce their carbon footprint and transition to a low-carbon economy. As such, it is an exciting time for the biodiesel industry in Europe, and we can expect to see continued growth and innovation in this sector in the years to come.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

APAC Biodiesel Market Size, Growth, Analysis & Forecast to 2030 | ChemAnalyst


According to ChemAnalyst report, “APAC Biodiesel Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030", APAC Biodiesel demand stood at 9.25 Million Tonnes in 2020 and is forecast to reach 17.929 Million Tonnes by 2030, growing at a healthy CAGR of 6.93% until 2030. 

Biodiesel is an alternative fuel that is becoming increasingly popular in the Asia-Pacific (APAC) region due to its environmentally friendly and sustainable nature. APAC is a significant market for biodiesel, with countries such as Indonesia, Malaysia, Thailand, and the Philippines leading the way in production and consumption.

The APAC biodiesel market is driven by several factors, including government initiatives promoting the use of biofuels, increasing concerns about climate change, and the need to reduce dependence on imported fossil fuels. The demand for biodiesel in the region is expected to grow significantly over the next few years due to these factors.

Read Full Report Here: https://www.chemanalyst.com/industry-report/apac-biodiesel-market-571

One of the significant advantages of biodiesel is that it is a renewable fuel that is produced from sustainable sources such as vegetable oils, animal fats, and recycled cooking oils. This makes it an attractive option for countries in the APAC region that are looking to reduce their carbon footprint and transition to a low-carbon economy.

Another advantage of biodiesel is that it can be used in existing diesel engines without the need for any significant modifications. This means that it can be easily integrated into the existing transportation infrastructure without any significant additional costs.

The APAC biodiesel market is expected to experience significant growth over the next few years, driven by increasing demand for alternative fuels and government initiatives promoting the use of biofuels. The region is also a significant producer of biodiesel, with countries such as Indonesia and Malaysia leading the way in production.

However, there are also several challenges that the APAC biodiesel market faces, including the availability of sustainable feedstocks, competition from other biofuels such as ethanol, and the fluctuating price of crude oil, which affects the price of biodiesel.

Request Sample Report: APAC Biodiesel Market

In conclusion, the APAC biodiesel market is a rapidly growing market that is expected to experience significant growth over the next few years. While there are challenges to overcome, the benefits of biodiesel as a sustainable and renewable fuel make it an attractive option for countries in the region looking to reduce their carbon footprint and transition to a low-carbon economy. As such, it is an exciting time for the biodiesel industry in APAC, and we can expect to see continued growth and innovation in this sector in the years to come.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Global Helium Market Analysis to Grow at a CAGR of 4.65% until by 2030 | ChemAnalyst

According to ChemAnalyst report, “Helium Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region Demand, 2015-2030”, Helium market has shown considerable growth in the historic period and is projected to reach 9.05 million tonnes, growing at a healthy CAGR of 4.65% during the forecast period 2022-2030. Growing demand of Helium from various sectors including medical and healthcare, aerospace, electronics and semiconductors etc is projected to boost the global market of Helium in the next ten years.

Helium (He) is a colorless, odorless, tasteless, inert monoatomic gas and second most abundant element present on the earth. Due to its extremely unreactive nature, it provides a protective atmosphere for making semiconductors and fibre optics. Helium is produced by the radioactive decay of heavy elements such as uranium and thorium which radiates alpha particles underground. It can also be synthesized by liquefying air and separating the component gases. Due to its unique properties, it is widely used in numerous applications including MRI magnets, Heliox mixtures for treating lung diseases, mobile phones, computers, microscopes, airbags, welding, etc. Helium is also used to detect leaks in car air-conditioning systems. Helium is extensively used for cryogenic applications because of it uniquely low boiling point in the medical sector for high-technology manufacturing to science and technology investigations in academic laboratories.

Read Full Report Here: https://www.chemanalyst.com/industry-report/helium-gas-market-578

The global Helium market on the basis of end-use industries can be segmented into aerospace, electronics, and semiconductors, nuclear power, healthcare, welding, metal fabrication, and others. Healthcare industry dominates the global Helium market and is forecasted to maintain its dominance until 2030 owing to its wide range of applications in the medical sector as there is no substitute present for helium in cryogenic Helium applications. The developments in transport methods and storage efficiency of several gases are anticipated to provide numerous opportunities in upcoming years.

 Based on type, Helium market is categorized into Liquid and Gas. Helium in Gaseous phase held the largest share of the global Helium market in 2020 due to its increased demand in medical appliances during the coronavirus pandemic. Increasing consumption of helium in the electronics and semiconductor industry for modern and advanced electronic products is likely to accelerate the Helium market around the world. Many leading players are merging with new acquisitions to strengthen their R&D department and improve their market footprint.  

In 2020, due to the spread of COVID-19, leading authorities in major emerging economies caused nationwide lockdowns which had a negative impact on several industries. The most affected industry during the global crises were medical gases. However, the demand for semiconductors and electronics declined during the pandemic. Aerospace industry also witnessed a major decline due to the interruptions in the global supply chain of helium. Besides, the rapid slowing down in research and development activities also caused a major disruption in the helium market across the globe.

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Region wise, the Asia Pacific region dominated the largest market share of Helium in 2020 owing to its increasing demand for healthcare and semiconductors, and electronics. Moreover, increasing urbanization and per capita income in major economies like India and China coupled with a growing number of industries using helium is another factor propelling demand growth in the Asia Pacific region.

Major Players:

  • Air Liquide,
  • Exxon Mobil Corporation,
  • Gulf Cryo, 
  • Air Products and Chemicals,
  • Linde Plc,
  • Messer Group GmbH,
  • PGNIG SA,
  • Renergen, Inc.,
  • Gazprom, 
  • Iwatani Corporation,
  • Qatar gas Operating Company Limited,
  • Matheson Tri-Gas Inc.,
  • NexAir LLC,
  • Weil Group

 “Rapidly growing demand of Helium in healthcare industry due to its high demand in surgery, therapy, treatments, cancer screening and neurology is expected to boost the global market of Helium in upcoming years. Regionally, Helium is widely used in the North America as US and Canada spends their major share of GDP in the healthcare department. Recently, healthcare sector has expanded in the Asia Pacific region, especially in India owing to the increasing expenditure by public and private players in the healthcare department. It is expected that India will further witness the augmented growth and become the world's fifth largest consumer market in coming years. With new market players emerging across the global Helium market, it is extremely important to keep an eye on which region will grab the biggest market share during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Global Biodiesel Market Analysis to Grow at a CAGR of 3.21% until 2032 | ChemAnalyst

  


According to ChemAnalyst report, “Global Biodiesel Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032” The Biodiesel market witnessed steady growth in the historical years and is estimated to reach a market volume of 60 million tonnes with a CAGR of 3.21% until 2032. Biodiesel releases lesser greenhouse gas emissions and is biodegradable and with the growing need for replacing fossil fuel with renewable fuel it is projected to that the demand of biodiesel is expected to rise in the forecast period.

Biodiesel is a type of fuel made from bio-based resources such as vegetable oil and animal fat. It is renewable in nature with lesser carbon footprint. It can be used in existing diesel engines without modification. Biodiesel is basically processed vegetable oil or animal fat. Due to the abundance of raw material and increasing demand from both the automotive and power generation segment, it is expected that the cost of biodiesel might come down during the forecast period. Stronger government support for replacement of fossil fuels with biofuel is propelling the demand of biodiesel. Governments globally have set various blending targets to lower the dependence on oil imports and to reduce greenhouse gas emissions. Various automotive companies are incentivizing the usage of biofuel by giving extended warranty. Indian government has set targets of 5% blending by 2022 and United States department of defense has ordered that most of its road fleet would use blended fuels. Growing demand for electric vehicles might also act as a constraint for demand growth during the forecast period. 

Read Full Report Here: https://www.chemanalyst.com/industry-report/biodiesel-market-570

The global Biodiesel market is segmented based on end-use, sales channel, and region. Based on the end-use, the global Biodiesel market is segregated into Fuel, Power Generation, and Others. The Fuel sector is dominating the Biodiesel market. In 2021, this sector consumed more than 78% of the global Biodiesel market and is anticipated its position in the forthcoming years. The demand of clean and green fuel is anticipated to swell up the demand of Biodiesel in the forecast period.

Based on region, North America dominates the global biodiesel market with USA being the leading country. In 2021, approximately 40% of the global demand was accounted by North America. It is mainly driven by the fact that USA uses renewable energy derived from agricultural and forestry areas. This region is anticipated to display similar consumption share in the forecast period owing to rapidly expanding automotive sector. Moreover, in the APAC region due to the expansion of the automotive and energy industries, which are the main consumers of eco-friendly fuel, biodiesel demand is anticipated to increase in the forecast period.

“Global Biodiesel Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, The major players operating in the global Biodiesel market are INEOS Group Ltd., Cepsa Corporation, Formosa Chemicals and Fibre Corp, Kumho P&B Chemicals., Inc., Chang Chun Petrochemical Co., Ltd., Advansix, PTT Phenol, Shell Chemicals, Versalis, Zhejiang Petroleum & Chemical Co., Ltd., Mitsui Phenols Singapore Pte. Ltd., LG Chem Ltd., and Olin Corporation.

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“With growing population, it is absolutely necessary to look for more eco-friendly version of fuel that can replace fossil fuel as fossil fuels are bound to getting depleted in the forthcoming years. With conscious efforts towards sustainable fuel, which is linked to the automotive industry, the global biodiesel industry has shown a robust growth in these years. Region wise, North America holds the major share of global biodiesel demand due to greater government support for replacement of fossil fuel with biofuel. Additionally, government support for replacement of fossil fuels with biofuels which have lesser greenhouse emissions is another factor fueling demand growth for biodiesel.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Wednesday, April 26, 2023

Worldwide Oleochemicals Market Analysis, Size, Growth, Share & Forecast, 2030

According to ChemAnalyst report, “Global Oleochemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global oleochemicals market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 5.12% during the forecast period. Increasing demand of biodegradable, environmentally friendly and non-toxic materials from consumers is anticipated to increase the demand of oleochemicals due to their ecofriendly, less toxic compared to petrochemical based products properties. Additionally, UNICEF’s agenda to achieve sustainable developmental goals by 2030 has emphasis on use of environmentally friendly products which would further support the growth market of oleochemicals during the forecast period.

Oleochemicals are chemical compounds obtained from plant oil and animal fat sources. Additionally, they are surface active molecules containing long alkyl chain of lipophilic and charged polar head of hydrophilic group. As a result, they have great air-lipid and water-lipid actions Oleochemicals are basically classified as fatty acids, methyl esters, fatty alcohols, fatty amines, glycerol. Basic raw materials for oleochemical extraction are coconut oil, palm kernel oil (PKO), palm oil, rapeseed oil, sunflower oil, tallow etc. Main technologies used in oleochemical manufacturing are hydrolysis, transesterification, hydrogenation, fractionation.

Read Full Report Here: https://www.chemanalyst.com/industry-report/oleochemicals-market-547

Oleochemicals have wide range of applications in personal care & cosmetics, soaps & detergents due to their emollient, emulsification, and surfactant properties. Furthermore, growing demand of biofuels in automotive industry is set to increase the demand of oleochemicals as they can be used as lubricants in biodiesel. Oleochemicals are also used in engine performance problems such as carbon deposits hence increases the efficiency of vehicles. Other major end use industry is pharmaceuticals where oleochemicals are increasingly used in drug preservative application. Upcoming new technologies implemented by companies operating in oleochemicals such as  inventure supercritical technology implemented by Wilmar, will also improve the efficiency and performance of oleochemical manufacturing process which will be beneficial to its end user industries.

Oleochemical prices are linked to fats and oil feedstock prices. APAC countries such as Indonesia and Malaysia are major raw material supplier for oleochemicals. Any changes in the export tax situation in these countries can affect the price of oleochemicals. Global economic slowdown due to COVID 19 impacted the manufacturing industries during the first half of 2020. Industries were lacking the feedstock due to supply chain disruption and global plant outages initially in 2020. This caused the sudden increase in prices of fatty alcohol and fatty acids.

Regionally, Asia pacific has emerged to be the largest consumer of oleochemicals. Rising per capita income in countries like China, India has increased the consumer spending in consumer durable products which is increasing the demand of oleochemicals market in the region. Also increasing awareness about the harmful effects of petrochemicals-based products on human health and environment has encouraged manufacturers to shift focus on natural, non-toxic oleochemicals material.

Request Sample Report: Oleochemicals Market Analysis Report

Major Players: 

  • BASF SE,
  • Clariant AG,
  • Croda International,
  • Dow Chemials,
  • Emery Natural Oleochemical,
  • Oleon,
  • Kuala Lumpur Kepong Berhad,
  • P&G Chemicals,
  • Wilmar International,
  • IOI Oleo GmbH,
  • Vanatge Specialty Chemicals Inc. etc.

“Being linked to the downstream application such as Construction, FMCG, etc, the global Oleochemical industry has shown a robust growth alongside growing population and changing consumer preference. India is forecasted to become the world's fifth largest consumer market by 2025. In addition, growing per capita income globally poised a stronger outlook to the country’s oleochemicals demand. The nationwide lockdown affected the supply chain logistics and caused immediate shortage of raw materials hence increased the prices of fatty acids and fatty alcohols.  China also serves as the key growth region with sufficiently installed capacities. With new competitors emerging across the Asian oleochemicals market, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Worldwide Adhesives Market Size, Share | Global Industry Analysis & Forecast, 2030

According to ChemAnalyst report, “Global Adhesives Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Adhesives market grew at an impressive CAGR of 5.0% in historic period and is anticipated to witness a healthy growth during the forecast period. As the demand of Adhesives is rapidly increasing in versatile sectors including automotive, packaging and consumer goods, construction, furniture and others due to the increased consumption of long-term bonding agents backed by sustainable industrialization is likely to propel the Adhesives market in upcoming years. The demand for adhesives that have high structural strength and is resistant to both severe environmental conditions and fatigue leads to the development of high-performance materials, which is further used in numerous industrial and domestic applications. The production and demand of Adhesives is highly associated with safety standards on environment as well as human health which further enhances the compliance standards.

Read Full Report Here: https://www.chemanalyst.com/industry-report/adhesives-market-105

The substances that are capable of holding different materials together by a bond that resists separation are called Adhesives. They are also known as glue, mucilage, cement or paste that forms an adhesive bond and are used in various industries including paint, leather, textile, carpentry and others. Adhesives are usually made from the combination of PVA (Polyvinyl Acetate) along with acetone, water, ethanol and other substances. The most widely used Adhesives are Polyvinyl Acetates that are further used for the production of Polyvinyl alcohol, another adhesive widely utilized for binding paper and its products. Acrylics are the second most consumed Adhesive type across various end-use industries such as furniture, medical devices, and packaging due to the properties such as acid & solvent resistance and fast curing. Structural Acrylic Adhesives are highly suitable for the bonding of most plastics, oily metal surfaces, steel and aluminum. The properties of Acrylic Adhesives of being Fast and easy to apply, enables efficient bonding that can replace metal fasteners for both static and dynamic loads.  

Water based adhesives are usually preferred over solvent based adhesives due to environmental and health related risks despite improved bonding characteristics. Increasing adoption of water-based adhesives due to low VOC (Volatile Organic Compound) emissions would drive the market growth of Adhesives in upcoming years. In the US, The Environmental Protection Agency mandated the compliance to VOC regulations by the adhesives and sealants sector, which enhanced the use of water-based adhesives, that further positively impacted its market share in the Adhesives market worldwide. Water-based adhesives are highly suitable for tape, packaging and labelling applications due to their strong demand in the global market.

With emerging technologies and growing demand of Adhesives, many key players are expanding their businesses in order to draw new ideas and innovations to introduce advanced Adhesives for consumers. Many players are merging with new companies to strengthen their R&D department and improve the market footprint in order to increase the product portfolio. Major players such as H.B. Fuller Company has acquired Royal Adhesives & Sealants to increase the company’s portfolio to serve more downstream sectors such as chemical and building material. As the lightweight designs are evolving in the automotive industry, the demand for lighter adhesives for bonding dissimilar materials (metallic or non-metallic) is also increasing. Surging demand for epoxy and rubber based structural adhesives and an attractive cost-effective ratio is making the automotive and transportation sector the key consumers of adhesives.  Moreover, increased use of PU-based adhesives in the vehicle assembly for joining the components in automobiles would further support the market growth in upcoming years. The construction industry also contributes an important part within the sales market for Adhesives because the global demand is driven by the rising demand for wall and floor coverings, building refurbishment, maintenance, components like panels and for thermal insulation.

In 2020, due to the outbreak of COVID-19, the Adhesives market was significantly impacted during the pandemic which led to almost double-digit decline in the macroeconomic factors of Adhesives industries across the world. Gradual slowdown in the automotive industry and shutting down of several other consuming sectors, the global Adhesives industry faced the double whammy due to lack of construction and industrial operations.  

Region wise, APAC region holds the largest share of Adhesives market worldwide due to the rising demand of adhesives in manufacturing sector in countries including China and India. Cheap labour and favourable government policies would further accelerate the production facilities in countries like China, Vietnam, India and Thailand.

Request Sample Report: Global Adhesives Market Research Report

According to ChemAnalyst report, Global Adhesives Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in global Adhesives market include Henkel AG & Co. KGaA, 3M, DuPont de Nemours Inc., Sika AG, Arkema, Bostik S.A., Evonik Industries AG, Huntsman International LLC, Illinois Tool Works Inc., Akzo Nobel N.V. and Others.

“Being linked to the downstream applications in automotive, construction, paint and other industries, the global Adhesives Industry has shown significant growth along with increased macro-economic factors and changing demand from the consumer. It is expected that India will come in top 5 world largest consumer markets in the upcoming years. In addition, growing per capita income in various Countries poised a stronger outlook to the country’s Adhesives demand. The government restrictions due to the corona virus pandemic affected the global supply chain logistics and caused immediate shortage of various chemicals hence increased the prices of Adhesives Meanwhile, China serves as the key growth region as well with sufficiently installed capacities and emerging technologies. With new competitors emerging across the Asian Adhesives market, it is extremely important to keep a focus on which region is going to grab the biggest market share during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us: 

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

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

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

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

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...