Chemicals Market

Elastomers are a special breed of polymers that are rubbery material and are very elastic. These are composed of a long chain-like molecule that returns to their original shape after being stretched. Elastomers have a wide range of applications owing to its extravagant properties such as heat resistance, fluid compatibility, easy sterilization, abrasion resistance, and tear resistance. These properties have induced the demands of elastomers from various end-user industries such as medical, automotive, consumer goods, and electronics industry. Most of the demands of elastomers come from the heating, ventilation, and air conditioning (HVAC) industry, in the form of thermoplastic polymer (TPE), because they are cost efficient, highly functional, and readily adaptable. Browse Research Report :  https://industryarc.com/Report/18133/elastomers-market.html So, as per the market outlook foreseen by the IndustryARC’s business intelligence report, titled “Elastomers Market: By Type (Ther...

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...