Chemicals Market

Robust growth experienced by the industries of personal care, food and beverages and chemical are boosting demand for the oleochemicals market, as it has emerged as a viable alternative to non-renewable petroleum sources. Additionally, favorable government policies regarding tax benefits for bio-based chemical products are influencing the market positively. According to a recent research report from IndustryARC, the global oleochemicals market is estimated to be worth $31 billion by 2023, with the demand incrementing at a healthy CAGR of 4.9 % during the forecast period 2018 to 2023. The report is titled “Oleochemicals Market: By Type, By Form, By Raw Material, By Refining Methods, By Post Production Processes, By Derivatives, By Application Areas, By End-User Industry, By Geography.” Oleochemicals are the natural sources derived from the plant and animal fats. The important processes in oleochemicals manufacturing include hydrolysis and transesterification. Major types of oleochemi...

Carbides are compounds constituting carbon or any other element with reduced electronegativity. The major aluminum carbide market growth factor is its application in abrasives with silicon carbides. Owing to its high strength, aluminum carbide is also in demand to be applied in metal cutting tools. These tools are highly regarded due to their precision and less material wastage qualities. Various end-use industries such as machinery, electronics, and metal fabrication are anticipated to drive the market. As per the market estimations projected by the IndustryARC’s business intelligence report, the aluminum carbide market is poised for exponential growth considering its use in abrasives during the forecast period of 2019 to 2024. Construction and Electronics Industries Supplementing Demand Aluminum carbide market growth is indicated to be directly proportional to the rapidly growing abrasives market. Additionally, the demand for abrasives from a wide range of application industries s...

Global Acrylic Adhesive Market: Demand Analysis and Growth Forecast Acrylic adhesive is a type of resin-based adhesive which consists of acrylic or methylacrylic polymers. Acrylic polymers are solutions of acrylic acid, acylamide, or acrylonitrile. These polymers are known for their strong structural bonds, high durability, their capabilities to handle prolonged UV exposure, and high temperatures. These adhesives have a wide range of applications in the automotive, manufacturing, and packaging industries. They are also used in products such as clothing, shoes, furniture, housewares, stationery, and packaging of FMCG goods. According to a recent market research report from IndustryARC, the global acrylic adhesive market will remain profitable during the forecast period of 2018 to 2023. Acrylic Adhesive Market: Key Drivers and Disruptive Trends Acrylic adhesive are emerging as alternatives for bolts, welding, rivets, screws, and other traditional attachments in the industrial appl...

Global Thiochemicals market: Demand Analysis and Growth Forecast Thiochemicals are essential for thionation process that produces methyl mercaptans, which is used in the production of methionine. Methionine is mainly used as animal nutrition for poultry animals, and on the back of increased demand for poultry products in Asia-Pacific countries, the thiochemicals market is surging. In addition to that, methyl mercaptans are used in refineries for fuel desulfuring in the oil and gas industry and as well as in crackers as anti-cocking agents. Some of the other types of mercaptans are used as gas iodizers, polymerization agent, and in refineries for desulfurization of fuels in the oil & gas industry. Thiochemicals are also used in the synthesis of thioglycolic acids, which are basic materials for the synthesis of PVC heat stabilizers. Browse research report: https://industryarc.com/Report/16297/thiochemicals-market.html The increasing demands for animal nutrition and the prosperit...

Global Paraphenylenediamine market: Demand Analysis and Growth Forecast Paraphenylenediamine (PPD) is an organic compound produced from aniline, which is a phenyl group attached to an amino group. The base PPD is colorless and requires oxygen (oxidizer) to become a dye. Aniline is a prototypical aromatic amine, the precursor of many industrial chemicals such as polyurethane with the tendency to not melt when heated, and hence used for manufacturing of rubber products, hair dyes, textile or fur dyes, cosmetics, temporary tattoos (henna), photographic developer, photocopying, printing inks, greases, and gasoline. Rapidly rising population in Asia Pacific andSoutheast Asia is the reason for the rise in the development of dyes and pigments, expansion of the plastics industry and the rubber manufacturing industry, and thereby stroking the demand for paraphenylenediamine. Due to the economic development in the past couple of decades, the incremented disposable income of the middle-class, ...

Global Metolachlor Market: Demand Analysis and Growth Forecast Consistently increasing global population coupled with the demand for food influence the growth of crop yields. According to Foodaidfoundation, approximately 795 million people in the world are undernourished, which translates into about one in nine people on earth. This void strokes the need to increment yield from available arable land as well as protect the crops. Herbicides play a key role in weed control of food and feed crops such as corn, soybeans, and sorghum. Metolachlor is an odorless liquid herbicide of chloroacetanilide family and a derivative of aniline, which consists of four stereoisomers. It is a reliable way to deliver higher yields and maximize the quality of plants and seeds, reflecting IndustryARC report’s projections of a profitable progression in the metolachlor market during the forecast period of 2018-2023. Global Metolachlor Market: Drivers and Restraints • Multiple formulations of metolachlor ...