Glycerine Market Report to Grow at a CAGR of 4.49% in the forecast period until 2030 | ChemAnalyst

According to ChemAnalyst report, “Global Glycerine Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2030”, The Glycerine market will most likely experience a significant rise and reach approximately 1700 thousand tonnes in 2030, at an expected CAGR of 4.49% during the forecast period by 2030. The rising demand for Glycerine by Drug Formulations, Oral Demulcent, Emollient & Humectant, and Other end-use industries is anticipated to result in an expansion of the Glycerine market in the forecast period.

Glycerol or Glycerine is a simple polyol that is a viscous liquid. It is generally synthesized using triglycerides by hydrolysis, transesterification, or saponification. There are numerous uses for pure Glycerine, also known as glycerol, in the food, medical, pharmaceutical, and hygiene products industries, in addition to numerous other pharmaceutical and biotechnology ones. It is often used as a sweetener in food items and is a humectant. Glycerine is also used in cosmetics and personal care preparations to improve the smoothness and texture of the skin. It can heal skin and make it supple and improve skin texture. Glycerine is used as a thickening agent in edible products, humectants and emulsifying agents in cosmetics, plasticizers in the paint and paper industries, and preservatives in the food and beverage industries.

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The Glycerine market globally is driven by its application in the medical sector, majorly for the formulation of drugs. Glycerine possesses antibacterial and antiviral qualities along with humectant properties. It is generally used as an additive to improve lubrication in cough syrups and elixirs. Furthermore, minor wounds, cuts, scars, rashes, bedsores, and blisters can all be treated appropriately with topical pure or nearly pure glycerol. Also, the use of Glycerine for treating itchy and flaky skin in certain medications is expected to increase the demand for Glycerine. Furthermore, rising demand in the food and beverage industry for Glycerine as a sugar alternative is anticipated to swell the global Glycerine market further.

The global Glycerine market is segmented based on end-use, sales channel, and region. Based on demand, Asia Pacific dominates the global Glycerine market, consuming more than 45% of the global Glycerine market in 2021. It is anticipated that it will continue to dominate the market in the coming years, followed by North America and Europe. The USA is the leading global producer of Glycerine, producing more than 35% of the global Glycerine in 2021.

Based on end-uses, the Glycerine market is segregated into Drug Formulations, Oral Demulcent, Emollient & Humectant, and Others. The Drug Formulations industry is dominating the Glycerine market with a market share of more than 30% of Glycerine market in 2021. It is anticipated to remain the most significant consumer in the forecast period with expansion in the demand of pharmaceuticals. Emollient & Humectant is a booming industry and is anticipated to expand in the forecast years.

 “Global Glycerine Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2030”, the significant players functional in the Glycerine market are The Procter & Gamble Company, Dow Chemical, Renova S.A., Emery Oleochemicals, Vantage Specialty Chemicals, Louis Dreyfus Company, General Lagos, BOJAGRO S.A., Vance Group Ltd., Owensboro Grain Company, The Vegetables Vitamins Foods Company Pvt. Ltd., PMC Biogenix, Inc., and Thai Glycerine Co., Ltd.

“The surging demand for Glycerine for the manufacture of drugs, cosmetics, and skincare products is expected to take the lead on expansion of the Global Glycerine market in the forecast period until 2030. Glycerine possesses antibacterial and antiviral qualities along with humectant property that drives its application as an emollient and topical agent which is expected to further propel the Global Glycerine market in the coming 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 subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

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

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

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Fatty Alcohol Market is Expected to Grow at a CAGR of 4.60% until 2030 | ChemAnalyst

According to ChemAnalyst report, “Fatty Alcohol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Fatty Alcohol market witnessed a demand of around 3.6 million tons globally in 2020 and is anticipated to grow at a significant rate with a healthy CAGR of 4.60% until 2030 attributed to its surging demand in the production of detergents and surfactants coupled with its utilization in personal care & cosmetics sector.

Fatty alcohols are high molecular weight and long chain alcohols, consisting of a carbon chain with varying carbon atoms ranging from 3-27 and derived from fats and oils. They are saturated or unsaturated, branched or unbranched, colorless, oily liquids or waxy solid (depending upon the carbon chain length, branching and saturation). On the basis of the source from which Fatty Alcohols are being derived, their market is segmented into two types i.e., natural source and petrochemical source.

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Fatty Alcohols owing to their amphipathic nature, act as non-ionic surfactants and hence, are mainly employed in the production of surfactants and detergents. Fatty alcohol has wide range applications in Personal Care & Cosmetics, Lubricants, Food, Household and Industrial Cleaning, Agriculture, Oil and Gas, Textile, Plasticizers, Automotive, and Pulp & Paper industries as solubilizing agent, co emulsifier, emollient, as well as thickener. Additionally, in pharmaceutical industry, alcohol surfactants are used as lipophilic solubilizer for lotions & ointments.  Fatty Alcohol derived from natural sources such as palm oil, canola oil, soya oil or other vegetable oils is in demand prominently because of the changing consumer preferences as well as price stability and surplus availability of biobased feedstock. Based on the major applications of Fatty Alcohol, its market is segmented into Surfactants, Pharmaceuticals, Personal care & Cosmetics, Lubricants, Agrochemicals, Food and Others.

The unprecedented outbreak of COVID-19 in the first half of 2020, across the globe led to the imposition of nationwide lockdowns by the major economies. It resulted into the disruption in the functioning of several manufacturing plants as well as the interruption in the supply and demand chain which consequently impacted most of the industries. Fatty Alcohol market was also shaken in the first wave of COVID-19, because of the shortage in the raw material due to trade restrictions coupled with the slowdown in the manufacturing of end products derived from Fatty Alcohols.  However, there was not much effect of pandemic on overall Fatty alcohol industry there was a surge in the demand of Fatty alcohol due to its prominent use as a surfactant and in detergents, liquid cleaners due to rising hygiene concerns amid pandemics. Additionally, there was the constant demand from Pharmaceutical and Agrochemical industry despite the pandemic.

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Moreover, after the exemption of trade restriction and resumption in industrial operations in the second half of 2020, Fatty Alcohol market was recovered rapidly due to high demand from end use industries and is expected to swell the demand for Fatty Alcohol in the forthcoming years.

Region wise, Asia Pacific accounted for the maximum share of Fatty Alcohol market and is expected to propel at a significant pace through 2030 owing to urbanization, rapid industrialization, coupled with the presence of manufacturing hub of products that consumes Fatty Alcohols and a huge consumer base in the region. Moreover, the rising demand of oleo-based Fatty Alcohol in cosmetics and personal care sector is likely to enhance the demand of Fatty Alcohol in APAC. Additionally, Indonesia, China, Malaysia are the leading producers of Fatty Alcohol feedstock globally. In Asia Pacific, China, India, Bangladesh are the leading Textile manufacturers therefore, surging demand of Fatty Alcohol derivative Fatty Alcohol Ethoxylates from Textile industry as an emulsifying and wetting agent along with its use in dye leveling is likely to fuel the market in the forecast period.

North America market for Fatty Alcohol is projected to grow significantly in the upcoming years due to the surging demand for liquid detergents and soaps amid covid and the presence of petrochemical sources as raw materials (Shale Gas) in abundance and several end use industries.

Additionally, Fatty Alcohol market in Europe is also expected to show a promising growth owing to the large consumer base for cosmetics and personal care and increment in its consumption for biobased cosmetic and personal care industry.

Key Players:

• Wilmar International Ltd.,
• Emery Oleochemicals,
• Godrej Industries Limited,
• Procter & Gamble,
• SASOL,
• Air Liquide,
• ASF SE,
• P&G Chemicals Ltd.,
• Ecogreen Oleochemical,
• Croda International Plc.,
• Eastman Chemical Company
• Arkema SA.

“Fatty Alcohol finds applications in various end use industries and among all surfactants and detergents holds the major demand share of the Fatty Alcohol market globally and is anticipated to drive the market for Fatty Alcohol in the upcoming years.  There are various Grades of Fatty Alcohols depending upon the length of carbon chain present such as Lauryl Alcohol, Cetostearyl Alcohol, Cetyl Alcohol and Stearyl Alcohol. These are extensively used in various end use industries like Lauryl Alcohol is used as a wetting agent (for reducing surface tension in liquids) or as an emulsifier (in Paints and Coatings) as well as in Personal care and Cosmetics. While Cetostearyl alcohol is used as an opacifying agent, surfactant, viscosity increasing agent, emulsion stabilizer in Pharmaceutical and Cosmetics industry (in moisturizers, lotions, and creams as a binding agent). Further Cetyl Alcohol is used as an ingredient in cosmetic, perfume, resins and lubricants as an emollient, thickener and emulsifier and Stearyl Alcohol is used prominently in skin care products due to its ability to soften and soothe the skin, as it acts as skin barrier that seals moisture in the skin. Hence, the growing demand of all these grades from several industries would offer lucrative growth opportunities in Global Fatty Alcohol market. Due to rising environmental concerns, leading Fatty Alcohol manufacturers are aiming to shift from petrochemical driven Fatty Alcohol to bio-based Fatty Alcohol to reduce carbon footprint would extend potential prospects for the expansion of Fatty Alcohol market size in the forecast period.” 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:

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Titanium Dioxide Market is projected to grow at a healthy CAGR of 4.92% during the forecast period until 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.

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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.

“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.

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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:

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Email: sales@chemanalyst.com

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Global Silicone Market is forecast to reach 11.21 Million Tonnes by 2030 | ChemAnalyst

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, owing to its versatile properties like durability, heat resistance, foam control, adhesion, UV stability, discharge safety, transparency, glossiness, radiation resistance, and flexibility. These properties of Silicone make it useful for making seals and gaskets for autoclaves or hot air ovens that are needed to be sterilized at high temperature. Silicone elastomers because of their low toxicity and risk for any adverse biological reactions, have attained acceptance in use for medical as well as food applications.

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Silicone is an inert synthetic polymer manufactured by polymerizing siloxanes which are monomers containing silicon atoms connected by oxygen, carbon and hydrogen atoms. The different types of Silicone are elastomers, resins, fluids, and gels. They are utilized in making lubricants, adhesives, medical applications, insulations, and cookware. Due to its versatile properties, Silicones have several end use industries such as building and construction, industrial process, personal care and consumer products, electronics, transportation, medical and healthcare, energy. Surging demand form the construction as well electronics industry is estimated to drive the demand of Silicone for the forecast period.

In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on a number of industries including Silicone associated industries because the manufacturing plants were not operational coupled with the disruption the demand and supply chain during the lockdowns. However, Due to heavy demand from end use industries such as healthcare, construction, and electronics the market for Silicone was resumed back with full potential after the relaxation in lockdowns. Additionally, increasing use of liquid silicon rubber in Automotive and Medical industries is likely to boost the silicone market over the forecast period.

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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.

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:

Imani Jex

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Email: sales@chemanalyst.com

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Helium Market to Grow at a CAGR of 4.65% during the forecast period 2022-2030 | 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.

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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.

About Us        

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

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

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

Contact Us:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Water and Wastewater Treatment Chemicals Market to growing at a CAGR of 3.55% during the forecast to 2030

According to ChemAnalyst report, “Water and Wastewater Treatment Chemicals Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Water and Wastewater Treatment Chemicals market witnessed a demand of 12.24 million tons in 2020 and is expected to reach 17.7 million tons by 2030, growing at a CAGR of 3.55% over the forecast period. Global market for Water and Wastewater Treatment Chemicals is anticipated to expand in the upcoming years owing to the rising awareness towards hygiene, clean water coupled with the government regulations towards processing of water treatment. 

Water and Wastewater Treatment Chemicals are the chemicals that are employed for the treatment of Wastewater from households or industries to remove pollutants, contaminants, and other organic compounds from it so that it can be reintroduced safely into the environment. There are several processes used by the Water Treatment plants including biological and chemical processes. Chemical processes use several chemicals to treat water changing its physical as well as chemical properties for further applications. Water Treatment chemicals exhibit properties such as cleaning, disinfecting, pH adjustment, etc. and are used for numerous applications such as boiler water treatment, membrane water treatment and cooling water treatment.

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On the basis of type of their application, Water and Wastewater Treatment Chemicals are segmented into biocide, coagulant and flocculant, corrosion and scale inhibitor, pH adjuster, and others.  Among these coagulant and Flocculants holds the major share owing to their utilization in sedimentation process and these are added to remove majority of the suspended particles from the Wastewater while its treatment. Biocide is used to prevent microbial growth, and contamination. Corrosion Inhibitors are the chemicals react with metallic surface and protect them by forming a film similarly, scale inhibitors are used to prevent scaling and fouling. pH adjusters are being employed specially to municipal water, to adjust the pH of water to prevent corrosion of pipes and dissolution of lead into water supplies.

As water is a basic need for any industry as well as household therefore, needed to be recycled for releasing into environment or for further utilization. Water and Wastewater Treatment Chemicals market is segmented into major end-use industries such as oil and gas, mining, municipal, pulp and paper, chemical and fertilizer, pharmaceutical, textile, and food and beverage. Oil and Gas is the major end use sector for these chemicals followed by Municipality. Water scarcity around the world both for drinking as well as for industrial applications along with the increasing awareness about the importance of water treatment is expected to drive the demand for water and Wastewater treatment chemicals for the forecast period.

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Despite the economic crisis due to the spread of covid-19 in the first half of 2020, there was a negligible impact on Water and Wastewater Treatment Chemicals market. Moreover, a trajectory rise in the demand for these chemicals is witnessed due to rising concern for hygiene and clean and safe water amid the covid pandemic. However, there was slight dip in the demand from the oil and gas sector in the half of 2020 due to halt in their function. However, after the relaxation and resumption in the Oil and Gas extraction and refining projects its demand from this segment was recovered back. Owing to its never-ending demand from industrial sector the market for these chemicals is anticipated to rise with full potential in the forecast period.

Region wise, Asia Pacific accounted for the major demand share in the market for Wastewater Treatment Chemicals in 2020 and expected to grow over the forecast period. Rapid industrialization, growing population coupled with the increasing government initiatives to treat industrial Wastewater effluents, river cleaning efforts and proper sanitization to reduce the risk to the public health and environment are likely to fuel the market for Water and Wastewater Treatment Chemicals.

North America and Europe are also expected to witness a significant growth in the demand for Water Treatment Chemicals over the predicted period due to the presence of large-scale Water Treatment Plants along with several ongoing sanitation projects.

 Middle east Asia is expected to grow at a significant rate in the forecast period due to the lack of water resources. Scarcity of water leads to the effective reutilization of the Wastewater, hence impels the demand for Water and Wastewater Treatment Chemicals in the forecast years.

Major Players:

• Kemira Oyj, 
• Thermax Ltd,
• ION EXCHANGE (I) Ltd,
• GE Water & Process Technologies,
• BASF-SE,
• Dorf Ketal,
• Chembond India Ltd,
• SNF Floerger,
• duPont de Nemours and Company,
• Goldcrest, Shandong Taihe Water Treatment Technologies Co., Ltd.,
• Shandong XinTai Water Treatment Technology Co., Ltd.

“Growing population, urbanization and rapid industrialization resulted into global water scarcity coupled with the rising water contamination. These factors lead to installation of more water and Wastewater treatment plants that directly positively influence the market for Water and Wastewater Treatment Chemicals in the forecast period. Owing to the never-ending demand of these chemicals globally, their market is expected to propel at a significant rate in the upcoming 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.

About Us        

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

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

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

Contact Us:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Latest Report "Specialty Gases Market" Size, Share, Growth and Forecast to 2030 | ChemAnalyst

According to ChemAnalyst report, “Specialty Gases Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Specialty Gases market witnessed a strong demand in the past five years and is projected to achieve a CAGR of 5.88% through 2030 due to increasing demand that is expected to grow from 1.85 million tons in 2020 to 3.31 million tons by 2030 owing to increasing consumption of specialty gases like Carbon, Hydrogen, among others in end user industries such as electronics and healthcare.

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Specialty gases are highly pure gases, may consist of a single gas or be a mixture of many gases blended in a cylinder. They can be utilized as analytical lab gases as well as intermediates in production processes. These gases are used for specific purpose only that’s why are termed as specialty gases. Specialty Gases are primarily categorized into pure gases and gas mixture. Specialty gases market is driven by their wide range applications such as Electronics industry, for applications such as LEDs, laser technology, photovoltaic products and in the fabrication of semiconductors. In medical & healthcare sector, it is used for Magnetic Resonance Imaging (MRI), reanimation procedures, ventilation purpose and others. It is also utilized in analytical and calibration applications for ensuring quality and processes ranging from monitoring the quality of foodstuffs to testing engines in automobiles, chemical processes, metallurgy or environmental monitoring along with other industrial applications such as use in welding, cutting, lighting for hardening, and marking, metal processing, and diving gear.

In the first half of 2020, the unprecedented outbreak of COVID-19 disrupted the world economy as several industries were affected drastically, due to the imposition of lockdown across the global economies. Lockdown resulted into the decline in the demand for Specialty Gases too from various end use industries as various manufacturing units were shut down or working with very low efficacy as well as disturbance in supply and value chain. However, surge in the demand for oxygen from healthcare domain due to the spread of the novel corona virus led to increased demand of specialty gases. Additionally, since the resumption of industrial activities after the relaxation in lockdown restrictions by the end of 2020, the recovery in the demand for Specialty Gases is witnessed and the trend is likely to continue through 2030 due to broad spectrum application of these gases.

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Region wise, Asia-Pacific holds the largest share by demand in the market for Specialty Gases globally and is perceived to witness its dominance in market during the forecast period owing to the rapidly growing healthcare and electronics sectors where specialty gases are used prominently, thereby pushing the growth of global specialty gases market in the coming years. Specially China is the hub for the production of electronics and electrical devices and emerging economies like India, South Korea and Japan are expected to drive the market for Specialty gases. North America also accounted for the significant share of Specialty Gases market due to the installation of huge plant capacities and presence of end use industries in abundance.

Companies present in the market are using inorganic growth strategies like mergers & acquisition among others to increase their share in the market. In 2018, Hydrogen Mobility Australia (HMA) ,a subsidiary of Coregas Ltd., supplies pure hydrogen to automobile industry, merged with Toyota and Hyundai for supplying hydrogen to companies which are aiming to launch fuel cell electric vehicles. Additionally, in 2020, Iwatani Corporation of America, had acquired Advanced Specialty Gases, based in Reno, Nevada. All these mergers and acquisitions are anticipated to expand the market for Specialty Gases in the forecast period.

Major Players:

• Air Liquid SA,
• Linde Group,
• Praxair Inc,
• Air products and Chemicals Inc,
• Taiyo Nippon Sanso Corporation,
• Messer Group Gmbh,
• Iwatawi Corporation,
• Air Water Inc,
• Showa Denko K.K.
• Coregas Pty Ltd.

“Being directly linked to the Healthcare and Electronics sector along with the relentless demand from metal and mining industry, global Specialty Gases market has shown a robust growth alongside urbanization, rise in per capita income and changing customers preferences. Pure gases dominate the market for Specialty gases because of their utilization as carrier or blanketing gases etc. Moreover, surging demand from electronics industry and manufacturing plants for noble gas would likely to boost the market growth for Specialty Gases. With the increasing popularity of Specialty Gases as one of the most desirable commodities, new competitors emerging across the Asian Specialty Gases 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:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/