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Showing posts with the label Bulk Chemical

Global Ethylene Market Increasing Demand from Construction, Packaging and Automotive Industries

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  Global Ethylene Market Ethylene is an important raw material used in the production of various petrochemical and chemical products including polyethylene, polystyrene, polyvinyl chloride and other polymers. It is used widely in the construction, packaging and automotive industries. The rising population and increasing disposable incomes are fueling the demand for various end-use products. Ethylene finds applications in manufacture of plastic pipes, plastic films, containers, bottles, packaging wraps and membranes among others. It is also a key feedstock for automotive parts like dashboards, door panels, seats and other components. The Global Ethylene Market is estimated to be valued at US$ 158.06 Mn in 2024 and is expected to exhibit a CAGR of 30% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Global Ethylene Market are Aecom, DPR Construction, Holder Construction, Jacobs, M+W Group (Exyte), Bouygues Construction, Mercury, Arup, and Benthe...

Recycling Plastic Waste Grows Amid Stricter Landfill and Incineration Rules

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  Plastic Waste Management Market Plastic waste management involves collecting and recycling of plastic waste from various sources including domestic, commercial, and industrial. Growing environmental concerns regarding plastic pollution and frequent implementation of bans on single-use plastics by governments globally are major factors fueling demand for efficient plastic waste management solutions. The global plastic waste management market size is estimated to be valued at US$ 640.6 Mn in 2024 and is expected to exhibit a CAGR of 11.% over the forecast period from 2024 to 2031 Plastic Waste Management Market Demand has emerged as one of the most widely used materials in packaging, consumer goods, construction, automotive, and other industries owing to its attributes such as durability, flexibility and resistance to degradation. However, lack of proper disposal and recycling infrastructure has resulted in escalating plastic pollution levels. This has necessitated efficient ...

Bond Breaker Market is anticipated to Witness High Growth Owing to Rising Working Population

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  Bond Breaker Market The bond breaker market comprises ready-to-eat meals and snacks that offer convenience to time-pressed consumers. Bond breakers are frozen or chilled meals that can be heated and consumed quickly, saving time spent on elaborate cooking. They are perfect options for working professionals, students living away from home or anyone seeking easy meal solutions. The bond breakers market has seen considerable growth in recent years due to hectic schedules and dual-income households leaving little time for homemade meals. Working mothers especially have benefited from quick bonding breaking options. The global bond breaker market is estimated to be valued at US$ 1.49 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the bond breaker market are Nomad Foods Ltd., Bakkavor Foods Ltd., General Mills, McCain Foods, Premier Foods Group Ltd., 2 Sisters Food Group, Greencore Group Plc.,Ork...

Ammonium Nitrate Market is Anticipated to Witness High Growth Owing to Rising Demand from Construction Industry

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  Ammonium Nitrate Market Ammonium nitrate is an industrial chemical which has wide applications across various end-use industries such as construction, mining, agriculture, and transportation among others. It is primarily used as a high nitrogen fertilizer in agriculture industry. However, its use has increased significantly in construction industry as an explosive material for mining and quarrying activities. The rising infrastructure development activities around the globe have spurred the demand for ammonium nitrate from construction industry. Ammonium nitrate offers benefits such as high energy, low cost of production, versatility, and has desirable explosive characteristics which enhances its suitability for usage in construction applications. The Global Ammonium Nitrate Market is estimated to be valued at US$ 25.86 Bn in 2024 and is expected to exhibit a CAGR of 4.4% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the Ammonium Nitrate m...

Global Ethylene Market is Anticipated to Growth Owing to Increasing Demand from Packaging Industry

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Global Ethylene Market Ethylene is an important petrochemical used as a building block in the manufacturing of various products. It is used to make important plastics and polymers such as polyethylene, ethylene glycol, ethylene oxide, Vinyl Acetate Monomer and others. Ethylene finds wide usage in packaging industry, construction sector, automotive industry for manufacturing interior and exterior parts of vehicles. The growing demand from packaging industry for manufacturing flexible packaging, food packaging is expected to drive the growth of global ethylene market. The Global ethylene market is estimated to be valued at US$ 342.94 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the global ethylene market are Saudi Basic Industries Corporation (SABIC), Exxon Mobil Corporation, The Dow Chemical Company, Royal Dutch Shell plc, China Petroleum & Chemical Corporation (Sinopec Corporation), Chevr...

Brazil Flexfuel Market Witnessed Significant Growth due to Increased Adoption of Ethanol as a Transport Fuel

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Brazil Flexfuel Market    The Brazil flexfuel market is anticipated to witness high growth owing to increased adoption of ethanol as a transport fuel in the country. Brazil has emerged as one of the largest producers and consumers of sugarcane-based ethanol and flex-fuel vehicles have played a pivotal role in promoting the usage of renewable fuel. Brazil is the only country that has developed extensive flexfuel vehicle manufacturing and distribution infrastructure. Flexfuel or flexible fuel vehicles have an engine that can operate on gasoline or ethanol or any mixture of both. This provides great flexibility to consumers and encourages ethanol usage. Brazil Flexfuel Market is estimated to be valued at US$ 32.26 Bn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period from 2024 to 2031. Brazil has promoted ethanol as a clean and renewable alternative to gasoline for decades now. The country has the ideal conditions and resources to produce sugar cane i...

Polyvinylidene Fluoride Market is Anticipated to Witness High Growth due to Increasing Application in Water Treatment Industry

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  Polyvinylidene Fluoride Market The polyvinylidene fluoride market has been witnessing significant growth owing to its widespread application in various end-use industries such as water treatment, automotive, construction, power generation and others. Polyvinylidene fluoride (PVDF) is a highly non-reactive fluoropolymer and is known for its superior properties such as resistance to chemicals, solvents, UV radiation and weathering. These properties make it an ideal material for membranes and linings used in the water treatment industry for filtration and purification of water. The rising global demand for clean and safe drinking water has propelled the need for advanced water treatment equipment that incorporate PVDF membranes. The Global polyvinylidene fluoride market is estimated to be valued at US$ 1541.69 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the polyvinylidene fluoride market ar...

Aliphatic Polyketone Market is Anticipated to Witness High Growth Owing to Rising Demand from Automotive Industry

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  Aliphatic Polyketone Market Aliphatic polyketone or polyketone is a semi-crystalline thermoplastic material known for its high strength, toughness, stiffness and resistance to fatigue. It possesses excellent chemical, electrical and thermal properties and finds wide application in automotive, aerospace and medical industries. Aliphatic polyketone provides an attractive replacement for traditional plastics and metals in automotive components due to its strength and lightweight nature. In the automotive industry, it is used to manufacture gears, bearings, seals and bushings that require high-performance materials capable of withstanding extreme conditions. The Global Aliphatic Polyketone Market is estimated to be valued at US$ 165.01 Bn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 To 2031. Growing automotive production and focus on lightweight materials are some of the key factors driving the demand for aliphatic polyketone in the market. Key...

The Production Chemicals Market is Anticipated to Witness High Growth Owing to Increasing Oil & Gas Production Activities

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  Production Chemicals Market Production chemicals are chemicals used during the processing of oil and gas to enhance production from new and old fields by increasing the flow of hydrocarbons, inhibiting corrosion and gas hydrates formation, and reducing wax and asphaltene precipitation. The demand for these chemicals is rising owing to their ability to boost production from aging wells and increase the recovery rates. They find wide usage for applications like production, cementing, stimulation, drilling, enhanced oil recovery (EOR), and are an integral part of any successful oil and gas operation. The increasing oil & gas production activities to meet the rising energy demand globally are expected to drive the production chemicals market. The Global production chemicals market is estimated to be valued at US$ 7.44 Bn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the production chemicals ...

Leading Global Toluene Market to Witness Notable Growth Driven by Rising Demand from End-Use Industries

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  Global Toluene Market The Global Toluene Market is estimated to be valued at US$ 28.12 Bn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 to 2031. Toluene, also known as methylbenzene, is a clear, colorless liquid with a sweet smell commonly used as an aromatic hydrocarbon solvent. It has low volatility and is highly flammable. Toluene is used as a major solvent for paints, coatings, thinners, resins, varnishes, rubber adhesives and gasoline. The rising demand from automotive, construction, electronics industries is the key factor propelling the growth of the toluene market globally. Key Takeaways Key players operating in the Global Toluene Market are BASF SE, Braskem SA, Chevron Phillips Chemical Company LLC, China Petroleum Chemical Corporation (Sinopec), China National Petroleum Corporation, Covestro AG, CPC Corporation, Exxon Mobil Corporation, Formosa Chemicals Fibre Corporation, INEOS, Lyondellbasell Industries NV, Mitsui Chemicals Inc...

Rust Remover Market is Anticipated to Witness High Growth Owing to Rising Adoption in Automotive Industry

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Rust Remover Market   The rust remover market has witnessed significant growth over the past few years owing to the growing demand from automotive sector. Rust remover products are used to remove rust and corrosion from various metal surfaces like iron, steel and aluminum etc. They restore the original appearance of rusted metals by breaking down rust deposits. The growing automotive industry has augmented the market growth as these removers are used for maintenance and restoration of old vehicles. Moreover, rising disposable income has boosted leisure boating activity, thereby propelling the demand for rust removers in marine applications. The Global rust remover market is estimated to be valued at US$ 799.1 Mn in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the rust remover market are Reckitt Benckiser Group, Jelmar LLC, The 3M Company, The Sherwin-Williams Company, Corrosion Technologies,...

Ammonium Nitrate Market is Anticipated to Witness High Growth Owing to Expanding Construction Industry

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  Ammonium Nitrate Market Ammon ium nitrate is an inorganic compound widely used as a fertilizer in agriculture due to its high nitrogen content. It is soluble in water and readily dissolves to provide nitrate and ammonium ions required by plants. It exists as colorless or white crystals or prills and finds application as fertilizer, explosive material, oxidizing agent, and propellant material. Ammonium nitrate has become increasingly important for agricultural productivity and has been used extensively to increase crop yields globally. Its use in combination with other fertilizers has enabled global food security. The global ammonium nitrate market is estimated to be valued at US$ 21.18 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period of 2024 to 2031. Ammonium nitrate is extensively used in construction activities as an explosive material for coal, metal, and rock excavation. Rapid industrialization and infrastructural development have boosted th...