Chemical Blog

 The growth of the  Bio-Plasticizers market is attributed to the ongoing research on bio-based plasticizers, which is likely to create opportunities for the market in the forthcoming years. Plasticizers are compounds incorporated in a polymer matrix to increase its flexibility and improve the chemical properties of the plastic product. Addition of a plasticizer can lower the glass transition temperature, melt viscosity and elastic modulus of the polymer. Earlier phthalate-based plasticizer represented 85% of the total plasticizers market. However, stringent government regulations and rising health concerns of the consumers, stimulated the demand of bio-plasticizers. In order to assure sustainability, end users are looking for safe, bio-degradable and non-phthalate-based plasticizers. Bio-based plasticizers are widely used as additives in PVCs. They are used in PVC resins, PVC cables, vinyl flooring, wire jacketing, automobile parts etc. The use of bio-plasticizers for wire ap...

 The global  flat glass market   is projected to reach a value of US$ 8.8 Bn by 2032, with the market growing at a standard CAGR of 5.2% from 2022 to 2032. Scaling up from a value of US$ 5 Bn in 2021, the target market will reach an estimated US$ 5.3 Bn in 2022. Elevated demand for durable, energy-efficient, and affordable building products is abetting the growth of the flat glass market. A rising shift in consumer preference for glass in interior and exterior building structures for aesthetic value is further supplementing the growth of the target market during the forecast period. The rapidly advancing construction sector is the prime growth driver of the flat glass market. The increasing spending on infrastructure projects and the development of eco-friendly green buildings, that is expected to help reduce carbon emissions into the environment, is further aiding the growth of the flat glass market. Owing to the rising demand for renewable energy all over the globe, the...

 Aluminum hydroxide is an inorganic basic compound which is amphoteric in nature. Aluminum hydroxide is found in nature in the form mineral gibbsite. Generally aluminum hydroxide is white colored powder in nature.   Aluminum hydroxide is also known under the name of hydrate of alumina or aluminum trihydrate. Aluminum hydroxide is one of the important component in aluminum ore i.e. bauxite. The freshly precipitated aluminum hydroxide is present in the form of gel. Commercially aluminum hydroxide is produced by Bayer’s process in which bauxite is dissolved into sodium hydroxide and the temperature is maintained upto270?C. Aluminum hydroxide is used as a raw material for the production of various aluminum based compounds such as aluminum chlorides, zeolites, aluminum oxide etc. Aluminum hydroxide is an important part of the aluminum hydroxide market. Aluminum hydroxide is used as a flocculent in water purification process. Aluminum hydroxide is also finding i...

 The  Cosmetic Chemicals Market  is forecast to be worth US$ 15.89 billion in 2022 and is expected to grow to US$ 26.84 billion in 2032  ,  growing at a CAGR of 5.4% over the forecast period. In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Cosmetic Chemicals. FMI provides a new study to elucidate the potential growth parameters of the Cosmetic Chemicals market. On the back of prevailing trends FMI presents a positive growth outlook. The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Cosmetic Chemicals market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing an...

 The global  conductive plastics market  will reach US$ 7.9 billion by 2032, an 8.5% annual growth rate over the next ten years! The key to success in this industry is innovation and sustainability – two things that are at their core tasks-and necessary ingredients when it comes down making products like electronics or electric cars effective without compromising on quality performance Conductive plastics are materials that allow electricity to pass through them. These types of plastic, which can be categorized into a variety such as polyamide or propylene glycols involve carbon fibers and stainless steel in their manufacturing process for better conductivity than other less-effective alternatives available on the market today The major driver behind this industry’s growth comes from increasing demand within electronics while also being used extensively across automotive sectors like cell phones cases among others. Impact of COVID-19 on Conductive Plastics Market Th...

 The  iron powder market   is predicted to grow at a CAGR of 5.2 % over the course of the forecast period, from US$ 6183.49 million in 2022 to US$ 10265.75 million in 2032. Iron powder is a particle form of iron with a particle size, varying from 20-200 μm. In industry, Iron powder are produced through solid reduced, atomized and electrolytic process. However, the selection of the manufacturing process is depend upon particle size and uniformity in the production process. Moreover, Iron powder is also referred as zero valent iron (ZVI) powders. Iron powder finds usage in several industrial applications such as automotive, food, packaging, and coating, among others. For instance, in food industry, the Iron powder is used to maintain the nutritional value of the food i.e. for food fortification which help to evade iron deficiency. Also, Iron powder as an additive mainly used in paint & coating industry to impart properties such as luster and shine, among others. Moreove...

 The industrial ceramics market is projected to grow at a CAGR of 6.1 percent over the course of the forecast period, from US$ 118.9 billion in 2022 to US$ 218.1 billion in 2032. Industrial Ceramics refers to an umbrella term which is related to ceramic material based products created with scientific & engineering precision for industrial applications. Industrial Ceramics makes use of the traditional benefits of ceramic materials such as high strength, high temperature capabilities, chemical resistance and other unique physical and chemical properties in industrial applications. Industrial Ceramics is the modern day application of unique properties of ceramic materials, which are further reinforced in many cases with additional industrial processes and material combinations. Some of the most widely used materials in industrial ceramics are aluminum oxide (known commonly as alumina), Silicon Carbide, Tungsten Carbide, Mullite, Cordierite, Zirconium Dioxide, Silicon Nitride and ...

 The  Sodium chlorate market  share is expected to reach US$ 4,619.9 million in 2032 Dyes, Wood, pulp and and Paper Industry will drive the market growth during the forecast period. According to FMI, the sodium chlorate market is estimated at US$ 3,217.9 million in 2022 and is expected to increase at a CAGR of 4.1% in the forecast period from 2022 to 2032. Sodium chlorate is primarily used for the manufacture of chlorine dioxide, which acts as a bleaching agent in the paper and pulp industry. Sodium chlorate is white/off-white in colour and is odourless. Sodium chlorate is highly soluble in water. Sodium chlorate in its pure form is inflammable but during its decomposition, it releases oxygen, hence it acts as an accelerant in presence of flammable substances. Sodium chlorate is used for the extraction of uranium and vanadium in the mining industry. Sodium chlorate is also used as herbicide in weed control application. In the recent years, so...

 Globally, the abrasives market is anticipated to grow at a 4.3 percent CAGR between 2022 and 2032. The most popular material for cleaning and polishing hard surfaces, grinding wheels, and other equipment is  abrasive . An abrasive aids in giving the material surface finish and shape. Depending on the demand, abrasives are mineral-like materials that come in a variety of shapes, sizes, and sizes. By rubbing, Norton grinding wheels can clean, abrade, scour, grind, and remove solid materials. The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Abrasives market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 10...

 Epoxy resins which are also known as polyepoxides belong to the category of reactive prepolymers and polymers that contain the epoxide group.  Epoxy resins  are one of the most versatile compounds that are widely used in the orthophthalic and polyester family. Epoxy resins usually react either with themselves or with other co-reactants which include phenols, acids, alcohols, polyfunctional amines and thiols among others. Epoxy resins are either low molecular weight pre-polymers or high molecular weight polymers which usually contain at least two epoxide groups. The epoxide group is also known as oxirane and glycidyl group. The raw material required to industrially manufacture epoxy resins are largely derived from petroleum. The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assump...

 The global  heterocyclic and fluoro organic compounds market  is anticipated to reach a valuation of  US$ 957.2 Mn  by the end of 2032. There is a significant rise in terms of demand for heterocyclic and fluoro organic compounds from the agrochemical sector for the development of green pesticides. The market for heterocyclic and fluoro organic compounds has been significantly influenced by certain demographic, macro-economic, and innovation, including the flourishing pharmaceutical industry, increased research & development in the biotechnology sector, growing demand for organic products, rising need for environmentally friendly agrochemicals, and development of novel compounds for pharmaceutical industries. The growing biological and medicinal significance of heterocyclic and fluoro organic compounds has significantly boosted growth in the global heterocyclic and fluoro organic compounds market during the forecast period. For instance, numerous pharmacolog...

 The global market for bonded abrasives is anticipated to grow at a consistent CAGR of roughly 5% between 2022 and 2032. An abrasive is a substance that, when applied to a surface, generates the surface polish and shape needed. Abrasives are often minerals that come in a variety of forms, sizes, and kinds. The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on  Bonded Abrasives market   structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries. The growing automobile industry is expected to boost the overall growth of the bonded abrasives market. Resin grinding wheels are widely used in...

 Wood coatings refer to the process of refining or protecting a wooden surface, especially in the production of furniture.  Wood coating  applications include: interior wood, small furniture, panels, tables, cupboards, chairs, office furniture, kitchen furniture, doors and staircases among others. There are generally three types of wood coating: evaporative, reactive and coalescing. Wood coating starts with sanding either by hand or scraping. Imperfections or nail holes on the surface may be filled using wood filler. Often, the wood’s color is changed by staining, bleaching, or any other techniques. Once the wood surface is prepared and stained, the coating is applied. It usually consists of several coats of shellac, drying oil, paint, wax or lacquer. Finally, the surface may be polished using wool, steel, rotten stone or other materials, depending on the shine desired. In addition, a final coat of wax is applied over the finish to add a degree of protection. Furniture, d...

 The global  antimony market   is predicted to reach a value of US$ 2.9 Bn by 2032, with sales growing at an average CAGR of 4% from 2022 to 2032. Valued at US$ 1.7 Bn in 2021, the target market will likely reach an estimated US$ 2 Bn by the end of 2022. Application in flame retardants and lead acid batteries will fuel the growth of the antimony market during the forecast period. As a chemical element, antimony, can be both metallic and nonmetallic. While the metallic form is a bright silvery material that is brittle, the nonmetallic form of antimony is a grey powder. Antimony acts as a stable element that is inert to acids and alkalis in a dry environment and expands on cooling. It is an ineffective conductor of electricity and heat. Antimony, as an element, has thus gain widespread application since time immemorial and will likely continue to do so over the next few years which bodes well for the overall market growth.  Extensive application in production of f...

 The global  tire cord fabric market   size is anticipated to be valued at US$ 9.4 Billion in 2032 and it is estimated to exhibit an impressive CAGR of 6.8% throughout the projection period from 2022 to 2032. In 2022, the global tire cord fabric market is estimated to reach US$ 7.5 Billion. Owing to the surging demand for light-duty vehicles all over the world, the sales of tire cord fabric are set to augment in the forthcoming years. Tire cord fabric is known as an industrial grade fabric that is majorly prod uced with the help of high tenacity yarns. It plays a crucial role in the automotive industry by reinforcing materials in vehicle tires. The tire cord fabric is designed in such a way that it can help in maintaining the overall shape of tires. It simultaneously helps in supporting the weight of vehicles. This type of fabric can also impart qualities associated with the critical performance of tires including high strength, deformation control, and abrasion resistan...

 The  Northern Europe calcium sulphate market  size is projected to expand at a  5.3% CAGR  during the forecast period between 2022 and 2032 finds Future Market Insights (FMI). Calcium sulphate is naturally occurring and can be synthesized using chemical means or intermediates. Calcium sulphate has a wide range of commercial and industrial applications due to its excellent physicochemical properties. Calcium sulphate can be used as a soil conditioner for agriculture, as a coating agent for the paper industry, to make paper very shiny, as a desiccant in chemical laboratories, as a coagulant for foods and beverages, and for coloring paints used as a pigment. Gypsum, the dihydrate form of calcium sulphate, is the most commonly used form and important raw material in the construction industry. It is used to make Portland cement, highly specialized plasters (also known as gypsum plasters) for wall surfaces, wallboard, cement blocks, and mortars. Growi...

 The global  Calcium Carbonate market  is estimated to expand at a remarkable growth rate of  5.4% CAGR  over the forecast period between 2022 and 2032, finding future market insights (FMI) in a recent market analysis.  Calcium Carbonate is widely used in various Paints and Coatings applications. It is used as an agent to enhance gloss, as an additive, and rheology modifier in a wide range of applications. In addition, Calcium Carbonate is extensively used in the aqueous paint industry. It promotes good dispersion and improves luster. It is used in wall plastic powder and skims coat with a very high dosage as filling material and whiteness improvement. Paints and Coatings has a significant application in the automotive, transportation, and construction sector, its product is used in infrastructure, and industrial applications and for the decoration of residential and non-residential buildings. The rising demand for paints and coating products for various en...

 The  medical plastics market  is predicted to increase at a 7.8% annual rate between 2022 and 2032. According to a recent analysis published by Future Market Insights, this market is estimated to have a global valuation of US$ 46.5 billion in 2021 and to reach a total of US$ 106.23 billion by 2032. Because of the growing geriatric population and significant developments in medical science, the market would see increased demand. The Medical Plastics industry increased at a CAGR of 6.3% between 2017 and 2021. Medical plastic is an ideal alternative for carrying biohazardous chemicals because it does not penetrate and is shatter-proof. By appropriately disposing of medical waste, dangerous organisms can be kept at bay. Furthermore, these polymers are safer and have better antibacterial qualities than conventional raw materials. The medical plastic industry is gaining popularity in the healthcare sector since it aids in decontaminating samples and securely retaining them. Th...

 According to a recent study done by FMI, the  corrosion inhibitors market  is anticipated to have a prodigious CAGR of 4.1% during the period of 2022-2032. The Corrosion Inhibitors Market is anticipated to reach US$ 12.4 Bn in 2032, from US$ 8.3 Bn in 2022. The market was valued at US$ 7.9 Bn in 2021, and is expected to grow with a Y-O-Y growth rate of 5.0%. This study explains that an increase in the demand for corrosion inhibitors in various industries such as pulp & paper, chemical processing, oil & gas, petroleum, and metals to protect from corrosion has led to higher demand from emerging countries. Infrastructural development in economies such as China, India, Brazil, and South Korea, are expected to undergo infrastructural development and boost industrial activities for the growth of their economies. Infrastructural growth related to electricity demand, clean water demand, fuel demand, transportation demand, and construction demand are expected to boost the...

 The net worth of the global  chlorinated polyethylene market share  is expected to reach US$ 1.3 Billion by the year 2032, increasing from US$ 620.2 Million in the year 2021. The global chlorinated polyethylene market is predicted to witness a moderate growth rate of 7.2% during the forecast years of 2022 to 2032. The replacement of wood and steel with plastics in the construction of doors and windows is driving the demand for chlorinated polyethylene. The sales of chlorinated polyethylene have boomed as a result of the introduction of PVC plastic profiles for doors and windows in rapidly expanding urban areas. Chlorinated polyethylene or CPE is a material made by exchanging hydrogen atoms for chlorine atoms in high-density polyethylene or HDPE polymers generally available in white powder. Chlorinated polyethylene elastomer has improved durability and whiteness. It is suitable for a wide range of applications in plastics and rubbers, making it an exce...

 The global  ethylene carbonate market  is projected to expand at a  6.2% CAGR  during the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Ethylene carbonate sometimes known as EC is an organic compound. At room temperature, it is a transparent crystalline solid and soluble in water and is odorless and colorless compound. Ethylene carbonate has various applications in different end-use industries such as automotive, and oil & gas. Growing usage of lithium-ion batteries in electric vehicles will augment the growth in the market. Ethylene carbonate is one of the most reactive solvents relevant to lithium-ion batteries (EC). Increasing sales of electric vehicles are bolstering the demand for Li-ion batteries, thereby favoring the growth in the ethylene carbonate market. Ethylene carbonate is an important reactive intermediate in the production of lubricants and greases. Lubricants are widely used in the ma...

 The global  ethylbenzene market  is expected to secure  US$ 31 Billion  while exhibiting a  3.5%  growth rate during the forecast period. The market is estimated at  US$ 21.3 Billion  in 2021  and  US$ 21.9 Billion  in 2022 . The growth of the market can be attributed to the extensive usage of ethyl benzene for the production of styrene. The increasing use of ethylbenzene in end-use industries such as packaging, electronics, construction, and agriculture is expected to boost the growth of the global ethylbenzene market during the forecast period. From 2015 to 2021, the market for ethylbenzene grew at a  CAGR of 2.6%,  closing at a value of  US$ 21.3 Billion .   As of 2022, the industry is likely to reach  US$ 21.9 Billion . On the contrary, the increasing concerns related to ethylbenzene hazards is expected to hinder the market expansion in the coming time. In addition to it, stringent rules ...

 Future Market Insights’ (FMI’s) recent study uncovers hidden growth opportunities in the global  potassium carbonate market . It offers in-depth insights into factors enabling expansion across various segments in terms of product form, and end use. As per a study published by FMI, the global potassium carbonate market is poised to reach US$ 1.9 billion in 2021. Surging demand from industries such as consumer goods, agrochemical, and homecare is estimated to boost potassium carbonate demand. On account of this, the market is anticipated to surpass US$ 2.9 billion by the end of 2031. Historically, the sales grew at a CAGR of 2% in the last few years due to the outbreak of the COVID-19. Growing usage of potassium carbonate in the production of personal care products, water treatment, and fire suppression products is fuelling the demand in the market. Driven by this, the sales of potassium carbonate are projected to expand at a CAGR of 4.4% during the forecast period 2021-20...

 As per the report published by FMI, the global  stainless steel market  is projected to have a moderate-paced CAGR of 5.5% during the forecast period. The current valuation of the market is US$ 119.80 billion in 2022. The market value of stainless steel is anticipated to reach a high of US$ 183.86 billion by the year 2032. The stainless steel market is gaining rapid traction due to the flourishing demand for stainless steel in the manufacturing of kitchen products such as showpieces, cookware, and stoves owing to its benefits that include high ductility & toughness, resistance to corrosion, and low maintenance required that in turn fuel the market growth in the different industries. According to the findings of Future Market Insights stainless steel seeks significant demand from the automotive industry again influences the market growth positively. Increasing automobile production in the regions such as the Middle East, the Asia Pacific, and Latin America has promin...

 FMI states in its recent study on the  amines-market  that the market will record an impressive CAGR through 2031. Demand for amines is anticipated to continue surging particularly due to the increased industrial development. The various market conditions that directly affect the market’s expansion are covered in the Amines Market study. An inventive, passionate, competent, and experienced team of analysts, researchers, industry experts, and forecasters carefully worked on the report’s framework. The research involves the SWOT analysis, PESTLE analysis, predictive analysis, real-time analysis, revenue share, market size, the competitive market scenario, market opportunities, and major strategies like partnership, cooperation, mergers, and acquisitions that have been implemented by key competitors to strengthen their presence in the global market. “i ntroduction of new and innovative products, solutions and technologies for end-use industries, is the key strategy adopted ...

 Application of adhesives as viable substitutes for flanges, panels, and other fastener settings support growth in the long-term. Expanding at a CAGR of  4.5%  the global  sales of Industrial Adhesives  is expected to increase from a valuation of  US$ 52,862.0 Mn  in 2021 to  US$ 78 Bn  by the end of 2030. The report by Future Market Insights gives in-depth insights on the sector in terms of revenue and sales projections for the duration between 2022 and 2030. Manufacturing and industrial facilities from numerous verticals require specialized adhesives for production and product quality. As a result, the demand for industrial adhesives has risen steadily in years past. However, the coronavirus pandemic has had a substantial impact on industrial activity on a global scale, generating a slight decline in demand during 2020. A key factor driving global demand for industrial adhesive products is the growing scope of applications in...

 The global  Chitosan Market  is anticipated to rise at a surprising CAGR of 14.3% between the forecast period of 2021 and 2031. The previous year's forecast was evaluated at a CAGR of 12.1% during 2016-2020. A noticeable increase in the application of chitosan for fighting infectious diseases and strengthening immunity has driven the market growth. Increased consumer shift towards organic and natural products has led to rising application of chitosan among customers. Post pandemic, more and more consumers are on a constant lookout for environmental friendly and healthy alternatives, creating sales opportunities for the market due to chitosan’s renewability. Chitosan is a natural ingredient that helps food products remain fresh and retain their quality. In addition to that, it is also registered to have increased food additives application, making the food products tastier and healthier. Backed by these factors’ the chitosan market is registering high growth during the fo...