chemicalindustrygrowth

Battery Materials Market Overview Battery materials are essential components used in manufacturing primary and secondary batteries. These batteries, in turn, have major applications in end-use industries such as automobiles, electronics, electrical grids, and power storages. Batteries have much lower specific energy than common fuels such as gasoline. Some of the prominent factors that positively influence the growth of the battery materials market growth are increasing demand for batteries from automobile industries, rising demand for electronic gadgets, and increasing urbanization. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2017 to 2023. Additionally, high adoption rate along with the increasing number of power plants to meet the energy requirement for the ever-growing population is driving the market. Moreover, continuous expan...

Electronic Chemicals Market Overview Electronic chemicals are primarily used for cleaning electronic devices. Electronic devices require high-purity electronic chemicals to optimize performance. These materials can remove minute impurities of semiconductor wafers. The increase in production and demand for various electronic products over the past few years drives the electronic chemicals market globally. Besides, the rising integration of robots and automation in the proliferating industrial sector has been fuelling the market demand for electronic chemicals. Electronic chemicals also find major applications in machine motion control and sensor & vision components to ensure optimal performance. Therefore, the growth of the industrial sector defines the growing landscape of the electrical chemicals market. A leading research firm, Market Research Future (MRFR), asserts that the  electronic chemicals type market  trends is expected to ascend further by 2024...

Carbon-Neutral Fuels Market Synopsis The global demand for carbon-neutral liquid fuels is driven by increasing demand in various end-use industries, particularly aviation, automotive, marine, and power generation to eliminate carbon emissions. Increasing regulations to reduce emissions generated by the aforementioned end-use industries due to its adverse impact on the surrounding environment is fueling the demand for carbon-neutral fuel cells. However, the increasing preference for electric vehicles and the high cost of carbon-neutral alternative fuels is affecting the growth of the carbon-neutral fuels market report. Carbon-Neutral Fuels Market Regional Analysis Regionally, the global carbon-neutral fuels industry has been segmented into Europe, North America, Asia-Pacific, Latin America, and the Middle East & Africa. The market in North America accounted for the largest share of the  COVID-19 analysis on carbon-neutral fuels market  growth...

Hydrocolloids Market Definition: Hydrocolloids are substances which tend to form gel in the presence of water. They are mostly used for gelling, stabilizing, thickening, coating, and emulsifying purposes. Hydrocolloids are widely used in extending the shelf life and enhancing the stability of food and beverage products. Hydrocolloids help in reduction of sugar and salt content in food and beverage products without altering the physical properties of the products. Commonly used hydrocolloids in food and beverage industries are gelatin, alginates, xanthan gum, pectin, guar gum, carrageenan, and carboxymethyl cellulose (CMC). Market Research Future (MRFR) has published a report about the global hydrocolloids industry that predicts growth for this market between 2017 and 2023. As an additive, the hydrocolloid is useful for food processing and for improving the quality as well as the shelf life of food products. Access Full Report Details and Order this Premium Report ...

Elastomer Coated Fabrics Market Overview Elastomer coated fabrics are manufactured by automated machines that are used for coating. It provides significant properties such as excellent elasticity, visibility along with UV resistance to the finished material. Moreover, they provide versatility and reliability to the product. The global  COVID-19 analysis on elastomer coated fabrics market  has been driven by the range of its application in various uses such as transportation, protective clothing, industrial, roofing, awnings & canopies, furniture & seating, and others. Moreover, it is estimated that the transportation segment is set to witness the highest growth in the market due to the growing consumption of coated fabrics to add extraordinary features such as water and dirt repellence to the product. Elastomer Coated Fabrics Market Segmentation The global market is segregated into product, and application. On the basis of the elastomer co...

Industrial Coatings Market Overview Industrial coatings can be made specifically keeping in mind its particular usage. The product has better traction in providing protection against wear-resistance, corrosion, and improve the aesthetic appearance. It is often a thin film that can be applied on various surfaces like steel, concrete, and other industrial materials. These films are derived from epoxy, polyurethane, alkyds, acrylic, and polyester. The coating makes the surface washable and durable. In various industries like oil-rig towers, aircraft, offshore structures, power plants, and conveyors, this product finds significant traction. The report, as published by Market Research Future (MRFR), finds the market having a growth by 5.8% CAGR to achieve a valuation of USD 119 billion by 2025. The report considers the time between 2019 and 2025 as the forecast period. The rapid urbanization and industrial reformation can impact the growth of the market. Also, the manufacturing of hom...

Propionic Acid   Market Synopsis Market Research Future postulates that the global propionic acid market is predicted to demonstrate a stellar CAGR during the appraisal period (2017-2023). Application in food preservatives is highly favoring the market growth. Propionic acid or PA is termed as a naturally occurring carboxylic acid which is a colorless liquid and possesses rancid odor. It occurs naturally in essential oils in the form of esters and can also be commercially obtained by the hydrocarboxylation of ethylene where nickel carbonyl as a catalyst acts as a catalyst. Propionic acid is miscible with a few organic solvents and with water and is also known as carboxyethane, carboxylic acid, ethyl formic acid, ethane carboxylic acid, and others. Propionic Acid   Market Potential and Pitfalls Propionic acid is majorly driven by its application in the food preservatives and animal feed. While 50% of the global propionic acid is consumed by the food preservative and ani...

Oolong Tea Market Overview: Oolong Tea Market is projected to grow at a CAGR over 4.5% during the period 2017- 2023. Increasing sale of oolong tea is driven by rising awareness among the consumers about the health benefits gained from consumption of oolong tea in its chemical-free form. High antioxidant content of oolong tea makes its application more significant in personal care products due to its anti-ageing properties. Increased nutraceutical application of tea has resulted in growth of share in the nutraceuticals industry. Increasing disposable income and economy development has influenced the consumers spending behavior leading to increased expenditure on quality products. All these factors contribute to increased market share of oolong tea globally. The consumption as well as production of oolong tea is found to be high in Asia-Pacific region and is evaluated to increase at a growth rate in various countries of North America and Europe. Oolong Tea Market Key Manufacturers:...

Benzene Market Overview Benzene is a toxic, flammable, and volatile hydrocarbon. The most common route to produce benzene is by crude refining, or as a by-product of p-xylene production. This implies that benzene production is entirely dependent on crude oil refining processes. It is used as an industrial solvent, as a chemical intermediate and is used in the synthesis of many chemicals such as including polystyrene, phenol, nylon, and polyurethane. More than half of the benzene produced each year is converted to ethylbenzene, then to styrene, and then to polystyrene. The next largest use of benzene is in the preparation of phenol.  According to our analysis, the important factors and trends seen in the global benzene industry are demand for petrol additives such as benzene, which increase the rating of the petrol, surge in the use of benzene in the construction industry owing to its use in manufacturing insulation materials, rapid increase in the benzene use f...

Fiberglass Market Overview: Fiberglass Market is expected to witness a significant growth of USD 20.32 Billion by 2023 with CAGR of 9.2% between by 2023. Fiberglass Market is growing mainly due to its varied applications in bourgeoning automotive industry.  According to a recent study report published by the Market Research Future, the global market of Fiberglass is growing with the rapid pace and expected to gain prominence over the forecast period. Fiberglass Market Application: Fiberglass’s application in insulation is providing added impetus to its market growth. The segment Fiberglass insulation has impressive growth in construction activity, increasing demand for higher thermal efficiency, lightweight, strength, durability, and eco-friendly insulation products. The increasing awareness of energy saving is also driving the demand of fiberglass insulation market, eventually, fostering the   Fiberglass market size. Fibreglass products for use in the latest ...

Polyurethane Coatings   Market Analysis The global polyurethane coatings market is predicted to grow at a 7.3% CAGR over the forecast period (2016-2023), states the new Market Research Future (MRFR) report. A polyurethane coating, simply put, is a layer of polyurethane which is applied to the surface of the material to protect it. This coating helps to protect the base material against abrasion, weathering, corrosion, and other processes which may degrade the material with time. Polyurethane coatings are of different types, including muted, glossy, transparent, and opaque. It has excellent properties such as high optical properties, good weathering features, high flexibility, higher durability, low-temperature curing, and high corrosion and abrasion resistance, among others.  Various factors are propelling the polyurethane coatings market growth. These factors in accordance to the MRFR report, include growing demand for durable and lightweight products in the electronics...