Chemicals Research, Business & Intelligence

Wednesday, December 8, 2021

Urea Market (4.15% CAGR) 2021-2035: Global Industry Size, Share, Growth, Analysis and Forecast

According to ChemAnalyst report, “Urea Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, The Urea market showcased commendable growth as its demand reached 190 million tonnes in 2021 and is expected to grow at a healthy CAGR of 4.15% during the forecast period until 2035. The surging demand for Urea from major end-use industries, including agriculture, chemical, automotive, and others, is likely to boost the Urea market in the upcoming years. Ambitious zero-carbon energy goals and strict regulations to minimize nitrogen oxide emissions by the automotive industry will further drive the Urea market over the next few years.

Urea, also known as carbamide, having the chemical formula CO(NH2)2, is an organic compound containing a carbonyl group attached to two amine groups with osmotic diuretic activity. Urea is practically non-toxic, neither acidic nor alkaline, and highly soluble in water. Industrial production of Urea is done on a large scale, with a worldwide production capacity of approximately 180 million tonnes. Synthetic Ammonia and Carbon Dioxide (CO2) are used in the production of Urea. As a large amount of CO2 is produced while manufacturing Ammonia as a by-product from hydrocarbons (natural gas or petroleum derivatives) or from coal, urea production plants are usually located near the sites of Ammonia manufacturing. Urea is extensively used in fertilizers as a source of Nitrogen and is an important feedstock. The surging demand for Nitrogen-based fertilizers from the agriculture industry is boosting the demand for Urea, which is further driving its market across the world. Exposure to Urea in the fertilizer form on the skin can cause dermatitis, which can somehow affect the market growth. Apart from agriculture, Urea is employed in a wide range of applications, including plastics, explosives, drugs, resins, adhesives, automobile systems, and other commercial products.

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The urea market is segmented on the basis of grade, end-use, sales channel, and region. On the basis of grades, the market is divided into fertilizer, feed, and technical. The technical grade is forecasted to dominate the Urea market in the next few years due to its wide usage in applications like urea-formaldehyde resins, adhesives, plywood, animal feed, disinfectants, cosmetics, etc. Developments in the automotive industry regarding emissions control will provide great scope for the urea market across the globe in the near future.

Based on end-uses, the Urea market is segmented into agriculture, chemical, automotive, medical, and others. The agriculture sector dominated the Urea market across the globe and is projected to maintain its dominance during the forecast period as well, due to the increased demand for fertilizers. Advancements in granulation and melting technologies to enhance energy and cost-effectiveness of Urea, along with the growing demand in the chemical industry, are likely to boost the Urea market in the forecast period.

In 2020, the unprecedented outbreak of the coronavirus caused the urea market to witness a drastic decline worldwide. Several businesses, and downstream industries, were severely affected during the 2nd & 3rd quarters. Strict restrictions and nationwide lockdowns imposed by the leading authorities resulted in reduced transportation which further affected the automotive industry as the sales went below the line. However, demand for Urea remained stagnant from the end-use agriculture industry. The market growth post-pandemic observed an uptrend backed by the increased demand from the automotive and chemical industries.

Among different regions, the Asia Pacific region is dominating the Urea market, followed by North America. With the increasing consumption of Nitrogen fertilizers in China and India, the demand for Urea across the Asia Pacific region is rapidly increasing. China is one of the world’s largest producers of Urea-Formaldehyde resin, which will further propel the urea demand in the Asia Pacific. The demand from chemical, automotive, and other downstream industries is also rising at an exponential pace across the region.

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Urea Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, some of the major players operating in Urea market include are BASF SE, Yara, CF Industries Holdings Inc., China National Petroleum Corporation, EuroChem, Jiangsu sanmu group Co,Ltd., Koch Fertilizer LLC, Nutrien Ltd., OCI Nitrogen, Petrobras, Qatar Fertiliser Company, SABIC, Notore Chemical Industries Plc, and others.

“Continuously increasing demand for fertilizers from the blooming agriculture industry is expected to boost the Urea market in the forecast period until 2035. Surging demand from the automotive industry as Urea is utilized in diesel automobiles to minimize Nitrogen Oxide emissions is likely to provide lucrative growth to the Urea market worldwide. Due to the sudden outbreak of COVID-19, transportation activities were halted, due to which the global supply chain of Urea got disrupted amidst the strong demand from the agriculture industry. However, with the gradual reopening of the market, the demand for Urea is anticipated to surge in the near term. “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 ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

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Monday, December 6, 2021

New Research Report "Helium Market" Size, Share | Global Industry Analysis Report 2030

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.

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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.

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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.

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.

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Sunday, December 5, 2021

New Research Report "Blowing Agents Market" Size, Share | Global Industry Analysis Report 2030

According to ChemAnalyst report, “Blowing Agent Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Blowing Agent market witnessed a strong demand in the past five years and is projected to achieve a CAGR of 6.55% by 2030 owing to its extensive consumption in polymer industry. The most common polymer foams such as polystyrene foam, polyolefin foam, polyurethane (PU) foam and phenolic foam use blowing agents to attain their specific properties such as weight reduction, elasticity, thermal and electric insulation, sound insulation, shock absorbency etc. These foams are further employed in wide range of applications thus, driving the demand for Blowing Agents.

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Blowing Agents are the substances which impart cellular structures to the polymer materials through a process called foaming in several materials such as polymers, plastics and metals. There are two types of Blowing agents, Physical Blowing Agents and Chemical Blowing Agents. Physical Blowing Agents include Hydrochlorofluorocarbons (HCFCs), Hydrofluorocarbons (HFCs), Hydrocarbons (HCs), Hydrofluoroolefin (HFO) and others. While chemical Blowing Agents form cellular structures within the polymer matrix, creating foams by undergoing chemical reactions during the processing of Polymer matrix in which they are added. Chemical blowing agents are further bifurcated into exothermic and endothermic depending upon the heat released or added in the extruder while processing the polymer material. As Blowing Agents offers several previously discussed properties to the polymers, hence finds application in various industries such as automotive, construction, furniture, packaging, electronics, and others.

In 2020, the outbreak of Covid -19, had a drastic impact on the global economy due to nationwide lockdowns across the globe. There was a huge slump in the automotive, construction, and electronics sector during the crisis that consequently impacted the demand for blowing agents globally. However, since the latter half of 2020 after the resumption of industrial operations and construction projects, a recovery in the demand for Blowing Agents has been observed. Moreover, rising demand from Packaging industry is also going to propel its industry in the upcoming period.

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Regionally, Asia pacific accounted for the major share of the global Blowing Agent market and is anticipated to flourish at a significant rate due to rapid growth in automotive, polymer and construction sectors in the region. As in construction Blowing Agents are used in areas such as block pipe, temperature maintenance, roof insulation etc. and also finds applications in automotive components requiring heat and sound insulation. Additionally, growth in other end use industries include the furniture and electronics sector are also going to boost its market in the upcoming years.

Major players for Blowing Agents globally include Exxon Mobil Corporation, Linde, Arkema, JingJiang Hangsun Plastic Additives, Abtonsmart Chemicals, Kum Yang, Ajanta Chemical Industries, Weifang Yaxing Chemical, Honeywell International, Otsuka Chemical, Jiangxi Selon Industrial, Solvay & Kemira

“Blowing Agents are used prominently in Polymer industry as an additive in the production of different types of foams. These foams are further having wide range applications in Automotive and Construction sector therefore growth in these industries would consequently fuel the demand for Blowing Agents. Moreover, automotive manufacturers are more focused to produce lightweight vehicles thereby, adapting polymers replacing metals which is likely to propel its market in the forecast years. 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.

Report Scope:

In this report, global Blowing Agents market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Attribute	Details
Growth Rate	CAGR of 6.55% from 2021 to 2030
Base year for estimation	2020
Historic Data	2015 – 2019
Forecast period	2022 – 2030
Quantitative units	Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage	Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered	By End-Use (Automotive, Construction, Furniture, Packaging, Electronics, and Others.) By Type (Hydrochlorofluorocarbons (HCFCs), Hydrofluorocarbons (HFCs), Hydrocarbons (HCs), Hydrofluoroolefin (HFO) Azodicarbonamide (ADC), Sodium Bicarbonate, Ammonium Bicarbonate, Sodium Borohydrate, Others) By Sales Channel (Direct Company Sale, Direct Import, Distributors & Traders, Retailers.)
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled	Exxon Mobil Corporation, Linde, Arkema, JingJiang Hangsun Plastic Additives, Abtonsmart Chemicals, Kum Yang, Ajanta Chemical Industries, Weifang Yaxing Chemical, Honeywell International, Otsuka Chemical, Jiangxi Selon Industrial, Solvay & Kemira
Customization scope	Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

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Friday, December 3, 2021

Chlorinated Polyvinyl Chloride (CPVC) Market Size, Share, Growth, Analysis and Industry Forecast 2035

According to ChemAnalyst report, “Chlorinated Polyvinyl Chloride (CPVC) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, The Chlorinated Polyvinyl Chloride (CPVC) market witnessed significant growth by reaching 0.77 million tonnes in 2021 and is expected to achieve an impressive CAGR of 5.83% in the span of the next ten years. Continuously growing demand for CPVC resins for the production of pipes for housing power cables, films/sheeting, filters, equipment, adhesives, and others is expected to boost the CPVC market in the upcoming years. The rising demand for affordable, durable, and effective CPVC pipes and fittings from the downstream construction sector is likely to drive the CPVC market in the forecast period.

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Chlorinated Polyvinyl Chloride, also referred to as CPVC, is a thermoplastic produced from a chlorination reaction of Polyvinyl Chloride (PVC) resin. The Chlorine is responsible for the higher temperature performance and enhanced fire resistance of CPVC. Polyvinyl Chloride and Chlorine react through a free radical mechanism via different approaches using thermal and/or UV energy. Chlorinated Polyvinyl Chloride shares excellent resistance to degradation and provides a lifelong service. CPVC possesses versatile properties such as high chemical, temperature, and pressure resistance, which makes it a good product to utilize in a wide range of industrial and commercial applications. It is demonstrably inert to salts, acids, bases, and aliphatic hydrocarbons, which commonly eat away all metals. The growing demand for inexpensive and durable CPVC pipes and fittings is augmenting the chlorinated PVC industry worldwide. The increasing construction activities in several regions is driving the demand for chlorinated PVC pipes and fittings, further propelling its market around the world. Chlorinated PVC resin is infused with additives that enhance its properties while easing its processability.

The CPVC Market is segmented on the basis of grade, end-use, sales channel, and region. Based on grades, the market is divided into Pipe Grade, Fitting Grade, Sheeting Grade, and Adhesive Grade. The Pipe grade segment is expected to dominate the market in the forecast period owing to its resistance properties followed by the increasing demand from the construction sector.

On the basis of end-uses, the CPVC market is segmented into hot water pipes/fittings, industrial pipes/fittings, fire sprinkler pipes/fittings, underground pipes for housing power cables, films/sheeting, filters, equipment, adhesives, and others. The industrial pipes/fittings segment is likely to boost the CPVC market in the upcoming years due to the number of industrial plant projects lined up in several countries.

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From an environmental point of view, chlorinated PVC is one of the most sustainable piping and fittings options for those looking to optimize energy consumption and meet industry environmental standards as CPVC is 100% recyclable and has low petroleum content.

In 2020, due to the unprecedented outbreak of COVID-19, Several businesses, end-use industries, and other facilities were drastically affected. There was a major decline in sales and production during the first half of 2020 due to the nationwide lockdowns and strict restrictions imposed by the leading authorities in many countries. Lack of manpower and scarcity of raw materials, mainly in pipes & fittings and power cable housing sectors, led to the reduced demand for CPVC. The market growth post-pandemic showcased an upward trend due to the increased demand for CPVC from the pipes & fittings sector.

Among different regions, the Asia Pacific region accounts for the largest share in the CPVC market around the world and is expected to maintain its dominance in the forecast period as well, owing to the growing demand for CPVC pipes in the wastewater treatment plants. Rising construction and manufacturing facilities are another major factor driving the demand for chlorinated PVC across the region. Followed by the Asia Pacific region, North America holds the second-largest share in the CPVC market.

“Chlorinated Polyvinyl Chloride (CPVC) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, some of the major players operating in CPVC market include Lubrizol corporation, BASF SE, Shandong Xiangsheng, Supreme Industries Limited, Finolex Industries Limited, Sekisui Chemical, Novista group, KEM one, New Materials Technology, Kaneka Corporation, Hangzhou Electrochemical Group Co. ltd., Jiangsu Tianteng Chemical Industry, and others. Lubrizol Advanced Materials company merged with Grasim Industries Ltd. to set up the largest CPVC resin plant in India for manufacturing and supplying the resins to match the peaking demand for pipes and fittings across the country.

“Rapidly increasing demand for chlorinated PVC from the downstream construction industry is expected to boost the CPVC market in the upcoming years. Rising consumer demand for inexpensive, long lasting, and effective pipes and fittings is driving the CPVC market across the globe. Upcoming construction and infrastructure projects is expected to further boost the demand for chlorinated PVC resins in the future. “said Mr. Karan Chechi, Research Director with TechSci Research a research-based management consulting firm promoting ChemAnalyst worldwide.

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About Us

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award-winning research-based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

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Thursday, December 2, 2021

Market Forecast Report "Green Ammonia Market" Size, Share | Global Industry Analysis Report 2035

According to ChemAnalyst report, “Green Ammonia Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, The Green Ammonia market is anticipated to witness considerable growth by reaching 18 million tonnes in 2030 and at an impressive CAGR of 20% during the forecast period until 2035. The increasing utilization of Green Ammonia by the agriculture industry as they are highly used in fertilizers is expected to flourish the Green Ammonia market across the globe over the next few years. Ambitious net zero-carbon energy goals and strict emissions regulations are likely to drive the demand for Green Ammonia to reduce the CO2 emissions, further augmenting its market in the upcoming years.

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Ammonia is the world’s second-most-widely produced commodity chemical. Industrially, it is mostly used as a fertilizer in agriculture, a sector that is under extreme examination due to its environmental impact. The process of Green Ammonia production utilizes Ammonia that is 100 percent renewable and carbon-free. Several chemical producers are considering Green Ammonia, a route to Ammonia in which Hydrogen derived from the electrolysis of water replaces hydrocarbon-based Hydrogen, making the production of Ammonia virtually carbon dioxide free. Green Ammonia could come to the rescue by easily capturing, storing, and transporting Hydrogen for use in emission-free turbines and fuel cells. Plenty of efforts are under development to combust Ammonia directly in power plants and ship engines. The most widely used process to make Ammonia on a commercial scale is the Haber-Bosch process, in which Ammonia can be extracted again through a thermal decomposition and separation process. Green Ammonia can be widely used in an array of end-use applications other than Fertilizers in agriculture.

Some of the government-supported projects that support the Green Ammonia production are: In Australia, the Norwegian fertilizer producer Yara plans to install electrolyzers to produce 3,500 tonnes per year of Green Ammonia at its plant in Pilbara. In the US, CF Industries is launching its first big Green Ammonia project, in which the company intends to spend USD100 million to convert 20,000 t per year of conventional Ammonia at its flagship plant in Donaldsonville, Louisiana by installing electrolyzers.

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Green Ammonia Market is segmented on the basis of technology, end-use, sales channel, and region. On the basis of technology, the market is segmented into Alkaline Electrolysis (AE), Solid Oxide Electrolysis (SOE), and Proton Exchange Membrane (PEM). SOE technology accounts for the largest share in the Green Ammonia market due to the increased demand for Hydrogen systems to reduce carbon emissions. The Solid Oxide Electrolysis method consumes electricity generated from renewable sources to produce Green Hydrogen, which can be further synthesized in the Ammonia synthesis plants to make Green Ammonia.

Based on end-uses, the Green Ammonia market is segregated into fertilizer, industrial power generation, transportation, and others. The industrial power generation sector is anticipated to dominate the market in the forecast period. Rapidly growing demand for Green Ammonia as a sustainable fuel will provide a positive outlook to the Green Ammonia market over the next few years. The increasing demand for Green Ammonia as a maritime fuel potentially holds vast opportunities for the future.

High investments and low awareness among the chemical producers can somehow hinder the market growth of Green Ammonia in the upcoming years. The cost of Green Ammonia plants is higher than the natural gas Ammonia plants, which makes it quite challenging to resist in the market.

In 2020, the unprecedented fall of COVID-19 caused the Green Ammonia market to observe a severe decline around the world. The imposition of countrywide lockdowns and strict restrictions by the government authorities to contain the spread of the novel coronavirus negatively impacted end-use industries. The global supply chain was drastically affected due to the halt of trade activities. However, the demand outlook remained bullish during the covid times due to the firm demand from the agriculture industry. As the market is gradually reopening, the demand for Green Ammonia is likely to boost in the upcoming years owing to the increasing demand from the shipping industry.

Among different regions, Europe is forecasted to dominate the Green Ammonia market across the world in the upcoming years, followed by the Middle East, Africa, and North America due to the investments and projects in the regions. Initiatives to produce Green Hydrogen are likely to drive the demand for Green Ammonia across the MEA and Europe, which will further boost its market in the future.

Green Ammonia Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, some of the major players operating in Green Ammonia market include Siemens, BASF, thyssenkrupp, Nel Hydrogen, MAN Energy Solutions, Electrochaea, Green Hydrogen Systems, Hydrogenics, ITM Power, Uniper, Yara International, Queensland Nitrate Pty Ltd., Enapter, Hiringa Energy, ENGIE, Haldor Topso, and others.

“Continuously increasing demand for fertilizers from the blooming agriculture industry is expected to boost the Green Ammonia market in the forecast period until 2035. Due to the outbreak of COVID-19, transportation activities were halted, due to which the global supply chain of Green Ammonia got disturbed amidst the strong demand across the globe. As a number of projects are lined up along with high investments in regions like the Middle East and North America, it is likely to drive the market in the upcoming ten years. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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About Us

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award-winning research-based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

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Green Hydrogen Market Share is Expected to Grow CAGR of 32.34% by 2035 | ChemAnalyst

According to ChemAnalyst report, “Green Hydrogen Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, Green Hydrogen Market is expected to witness significant growth by reaching 874.96 thousand tonnes in 2035 and grow at a healthy CAGR of 32.34% during the forecast period until 2035.

Most of the hydrogen produced globally is through a process called Steam Reforming. This process uses a catalyst to react methane and steam, resulting in hydrogen, carbon monoxide and carbon dioxide. In a subsequent process, carbon monoxide, steam, and a catalyst react to produce more hydrogen and carbon dioxide. Pure hydrogen is extracted from the process leaving impurities and carbon-dioxide in the environment.

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Government initiatives to reduce carbon emission in the environment create a huge potential for green hydrogen which is produced from renewable resources and can replace carbon-intensives hydrogen end uses such as industrial, transport, commercial and power sectors. Currently, less than 2% of total hydrogen produced accounts for green hydrogen production.

Technological Research & Development in various countries have already capitalized on manufacturing, distribution, storage, and end uses of Green Hydrogen across different sectors. The significant increase in demand for green hydrogen will create the subsequent need for considerable infrastructure to handle the production and delivery of green hydrogen. The shift in technology from conventional producing methods to greener technology is expected to be a huge hurdle in shifting to green hydrogen.

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Green Hydrogen Market is segmented on the basis of technology, end-use, sales channel, and region. On the basis of technology, the market is segmented into Alkaline Electrolysis (AE), Solid Oxide Electrolysis (SOE), and Proton Exchange Membrane (PEM). Alkaline Electrolysis is a widely used technology and is expected to dominate the market in the forecast period as it is cost-effective and has a long operational life. Depending on several end-uses, the market is segregated into chemicals, power generation, heat generation, transportation fuel, steel manufacturing, and others. The power generation sector is expected to dominate the Green Hydrogen market in the forecast years.

According to ChemAnalyst report, “Global Green Hydrogen: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, Approach to plan the use of green hydrogen varies from country to country. To reduce the environmental impact associated with Hydrogen production, Hydrogen production via electrolysis has gained tremendous importance in the near term. For instance, a conglomerate of ITM Power, a British electrolyser Specialist and Orsted, a Danish energy firm announced a project Oyster to produce Hydrogen via a system combining wind energy and electrolysis primarily for marine use. Major players operating in the Green Hydrogen market are Ballard Power Systems, Enapter, Green Hydrogen Systems, Engie, Hydrogenics, Nikola Motors, Plug Power, Shell, SGH2 Energy Global LLC, Siemens Gas and Power GmbH & Co. KG., and others. In India, GAIL Ltd., announced its plan in October 2021 to construct India's largest Green Hydrogen-production facility to boost its natural gas business with zero carbon fuel.

“Green Hydrogen is being addressed as a fuel of the future as it exhibits a promising formula to solve the challenge of decarbonization while revitalizing various economies. As per the statistics, Hydrogen plans if progressed at the proposed pace are likely to cater to a quarter of our global energy needs by 2050 while reducing the overall carbon emission by one-third of the current percentage. The Global Green Hydrogen market is anticipated to witness a commendable growth with the majority of the consumption share coming from the Asia-Pacific (APAC) region owing to the increasing industrial operations in countries like China, India and South Korea. In addition, China’s setup of a new Hydrogen city with an altogether investment of 290 million USD to brace new research and development operations and build transport and storage facilities along with large scale production of Hydrogen fuel vehicles is the magnetic attribute towards the growth of Hydrogen market in Asia Pacific.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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About Us

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award-winning research-based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

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Wednesday, December 1, 2021

India Biodiesel Market Analysis is Expected to Grow CAGR of 8.60% by 2030 | ChemAnalyst

According to the recent report published by ChemAnalyst, India Biodiesel market demand stood at 0.17 Million Tonnes in FY2021 and is forecast to reach 0.26 Million Tonnes by FY2030, growing at a healthy CAGR of 8.60% until 2030. Increasing crude oil import bills has made the Indian government switch to domestic fuel alternatives with Biodiesel, which is serving as the main game-changer. With the initiation of the National Policy on Biofuels in 2019, the demand for Biodiesel is set to witness an upward trend in the coming years.

The report titled “India Biodiesel Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, The Industry includes detailed quantitative and qualitative market analysis of the India Biodiesel market considering market history, product development, regional dynamics, competitive landscape, and key success factors in the reports.

Browse Full report on India Biodiesel Market at https://www.chemanalyst.com/industry-report/india-biodiesel-market-9

Market Insights:

Biodiesel is mainly manufactured from the oil-bearing seeds of Jatropha Curcas plants which are cultivated by Indian farmers. However, due to a shortage of Jatropha seeds, other multiple feedstock technologies are being used to produce Biodiesel. For example, used cooking oils, animal fats and imported crude vegetable oils (such as Palm Oil) are also being used by several producers for manufacturing Biodiesel. Blended with conventional diesel and used as fuel in railways and other commercial vehicles, Biodiesel has a vast potential to act as a substitute for conventional fossil fuels to enhance the country’s energy demand. COVID-19 has impacted the biodiesel market adversely as the disruption in the supply chain was observed due to import-export restrictions imposed by the leading authorities to contain the novel coronavirus. However, post COVID-19 lockdown the market is expected to pick up the pace eventually.

Major players operating in the India Biodiesel market include Biomax Fuels Limited, Universal Biofuels, Kaleesuwari Refinery, and Industry Private Limited, and Emami Agrobiotech Limited.

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Years Considered for this Report:

Historical Years: FY2015 – FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023– FY2030

This report will be delivered on an online digital platform with a one-year subscription and quarterly update.

Objective of the Study:

The primary objective of the study was to evaluate and forecast Biodiesel capacity, production, demand, inventory, and demand–supply gap in India.
To categorize Biodiesel demand in India based on end use, grade, region, and sales channel.
To study trade dynamics and company share in the India Biodiesel market.
To identify major customers of Biodiesel in India.
To evaluate and forecast Biodiesel pricing by grade in the India Biodiesel market.
To identify and profile major companies operating in the India Biodiesel market.
To identify major news, deals, and expansion plans in the India Biodiesel market.

Report Scope:

In this report, the India Biodiesel market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Market, by End Use	Transportation, Construction & Mining, Power Generation, Paints & Others
Market, by Application	Heating Oil, Cleaning Oil, Railways, Adhesives & others
Market, by Sales Channel	Direct/Institutional Sales, Retail Sales, Other Channel Sale
Market, by Region	North, West, East, and South

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ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

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Chemicals Research, Business & Intelligence | ChemAnalyst