Chemical Blog

 The  India shape memory alloy market  is anticipated to reach a valuation of  US$ 286.7 million  by the end of the assessment period. Significant traction from the aerospace, biomedical, and construction industries are expected to drive growth in the India shape memory alloy market. During the forecast period, the market is anticipated to have a strong growth rate at a CAGR of  13.2%  owing to constant development activities in the application segments. Key shape memory alloy market participants in India are devoting a reasonable portion of their earnings to research and development activities to develop new products, cut costs, and look into new market niches. Mainstream uses of shape memory alloys are in biomedical, aerospace, and automotive components. Such applications would necessitate ongoing product innovations to satisfy changing needs of the aforementioned industries. To meet the stringent requirements of these end-use industries and gain a c...

 According to the study on the  USA and Canada copper market , Future Market Insights (FMI) opines demand for copper is expected to reach  US$ 32,773.0 million  by 2032. Sales of copper in both countries are expected to surge at a CAGR of  5.1%  from 2022 to 2032. Demand for copper from energy transition end markets is expected to surge at a robust pace due to ‘Net-Zero’ emission policies by 2050. Demand from non-energy markets such as electrical & electronics, building & construction, and data processing is also anticipated to expand during the projected period. Copper is a widely used commercial metal that is extensively adopted all over the world due to its mechanical and structural properties. It also has excellent thermal and electrical conductivity. Copper can resist corrosion owing to its high malleability and ductility, making it easy to shape and manufacture. Building and construction are set to be one of the most prominent industries for c...

 The global  sulphur hexafluoride market  is projected to amass a revenue of US$ 487.93 million by 2033 as opposed to US$ 288.37 million in 2023. The market is set to expand at a CAGR of 5.4% from 2023 to 2033. Escalating demand for electronic devices and electricity, as well as the increasing adoption of sulphur hexafluoride in the medical sector, is responsible for the growth of the sulphur hexafluoride market in the forecast period. Electronic manufacturers fuel the demand for sulphur hexafluoride to develop large appliances with varied operating ranges and conditions. Thus, surging demand for household electronic appliances like TV, refrigerators, and mixers, among others, will drive the growth of the sulphur hexafluoride market over the upcoming years. Sulphur hexafluoride is a colorless and odorless gas that is non-toxic, non-inflammable, and soluble in water. It has superior thermal, electrical, and chemical characteristics which makes the chemical an ideal fit for...

 The global  PAG Base Stock Market   is expected to reach US$ 2.03 Billion and is projected to grow at a CAGR of 8.5% over the forecast period. According to the forecast, the PAG base stock industry size will reach US$ 4.6 billion over the forecast period. Considering the excellent properties of PAG base oil as well as the benefits that it provides, it can be predicted that the demand for PAG base oil will improve over the coming years. As well as its excellent water solubility and high viscosity index, PAG base oils are also known for their shear stability as well as its high water solubility. Moreover, the low volatility of the synthetic compounds under high temperatures as well as their resistance to the formation of deposits or residues has also allowed them to be used in a variety of applications. The Global economy is set to be impacted significantly by emerging economies. As a result of its high water dissolving capacity, the PAG base oil market is expected to expe...

 The global  PAG compressor oil market   is currently valued at US$ 1.4 billion in 2023 and is anticipated to expand at a CAGR of 8.7%. Owing to the increasing application in end–the use industry the market is likely to propel to US$3.22 billion by 2033. The PAG Compressor oil market is witnessing significant growth, especially in East Asia and South Asia Pacific. Strong industrial infrastructure spending in regions such as Europe and North America has resulted in significant growth in the market. The demand is expected to rise consistently in industries such as generation, automotive, chemical industry, pharmaceuticals, food and beverages, and others. Increasing demand from the automotive industry for high-performance lubricants that can withstand high temperatures and extreme pressure is expected to drive the growth of the PAG compressor oil market. Asia Pacific has become the hub of the automotive industry in the last few years. The surge in demand for automobiles in e...

 A recently published study by FMI expects the global  cleanroom flooring market  to augment at a 6.5% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 4300 Million is expected for the market. Cleanroom flooring market growth is being driven by stricter healthcare regulations, rigid standards, and consumer demand for high-quality products, an increase in the frequency and public awareness of infectious and contagious diseases, an increase in the need for drugs and vaccines, and expanding healthcare infrastructure. Additionally, the growing global usage of consumer electronics gadgets is pushing semiconductor demand. Furthermore, the rise of the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) is providing prospects for growth in the semiconductor business, assisting memory chips in processing enormous volumes of data in less time. “North America is seeing an upsurge in contributions f...

 The  USA lubricant contaminated HDPE container waste market  is expected to reach US$ 150.77 Billion and is projected to grow at a CAGR of 4% over the forecast period. Over the forecast period, the market for lubricant-contaminated HDPE containers in the U.S. is expected to reach US$ 225 Billion. As commercial vehicle sales rise, lubricants for commercial vehicles are expected to be increasingly popular, driving the waste disposal market for lubricant-contaminated HDPE containers in the United States. Custom-sized containers are often produced by manufacturers based on customer requirements. Additionally, HDPE containers larger than 50 liters are mainly used in industrial applications, which fuels their demand. Food manufacturers can produce a wider range of foods with fewer naturally U.S lubricant contaminated HDPE container wastes as demand for natural lubricant-contaminated HDPE container wastes has grown over the past few years. Download a  S ample to  O bt...

 The global  humectants market size is expected to reach US$ 14.72 Billion and is projected to grow at a CAGR of 5% over the forecast period. Since the demand for natural humectants has increased over the past few years, food manufacturers can produce a wider range of food products with fewer natural humectants. By 2033, the packaging food market and cosmetics market will generate US$ 24 billion in sales of the humectants market. Recently, humectants have gained popularity in the food and beverage industry because they prolong the shelf life of products, help to retain moisture, and enhance the effectiveness of products by increasing their function. Due to the increase in food and beverage production, cosmetics and technological advancements, and lifestyle change, the global humectants market remains in high demand. It is anticipated that the market for humectants will continue to grow in coming years as the demand for food & beverage, personal care, and cosmetic pro...

 Depth filters, syringes, and containers are among the applications that benefit from biopharma plastics’ increased stability. The market has grown as a result of increased demand for using premium polymers in the manufacture of single-use biopharma plastics. The market for biopharma plastics and polymers is anticipated to be driven by rising healthcare costs and rising health concerns. Additionally, the presence of substantial PP molding facilities and the manufacturing industry is anticipated to fuel market expansion throughout the anticipated time frame. The  biopharma plastics market  is being driven by industry players who are extensively spending R&D to create biopharmaceutical goods that cater to all aspects of customer needs. Due to the presence of major producers of biopharma plastics including Celanese Corporation, Eastman Chemical Co., and DuPont in the region, North America dominates the market for these materials. Due mostly to the expanding governme...

 The comprehensive research study portrays a realistic picture of the global  lactic acid esters market by including a weighted market segmentation along with forecast projections from 2017 to 2027, a period of 10 years. The report covers the impact of factors that change from region to region thus changing the scenario of the lactic acid esters market in that particular region. This gives a brief idea about the market potential for lactic acid esters in various regions that the reader can use to plan future expansion. An analytical research report published by Future Market Insights covers various aspects of the global market for lactic acid esters. The report reveals an analysis of end-use industries using lactic acid esters for various applications. It lays emphasis on opportunities for growth in the lactic acid esters market along with key factors pushing the growth of the global market. The various facets of the global market across important geographies are monitored. D...

 A new research publication titled “ Coatings and Application Technologies for Robotics Market : Global Industry Analysis (2012-2021) and Opportunity Assessment (2022-2027)” by Future Market Insights focuses on various market acumen on developments, trends, key players, growth drivers and forecasts across important regions. Regional market intelligence is also provided that can assist the reader in gaining insights concerning key regions across the globe and identify potential revenue pockets for gaining an edge in the global coatings and application technologies for the robotics market. A detailed market segmentation is carried out which explores every angle of the coatings and application technologies for the robotics market. This analytical research report covers historic market data for coatings and application technologies for the robotics market along with future market projections for ten years, starting from 2022 till 2027. For Critical Insights, Request for PDF S...

 The global   boron trifluoride and complexes market   is projected to reach a value of US$ 389.4 Million by 2029, with the market expanding at a moderate CAGR of 5.3% from 2022 to 2029. Valued at US$ 257.2 Million in 2021, the target market is expected to reach an estimated US$ 270.7 Million in 2022. Owing to an escalation in the application of boron trifluoride as a catalyst in the chemical industry, the boron trifluoride and complexes market is expected to expand steadily during the forecast period. Predominantly used as a catalyst in the chemical, agricultural, petrochemical, and pharmaceutical industries, boron trifluoride (BF3) is a compressed, non-flammable gas. The global market for boron trifluoride & complexes is likely to register impressive growth in the next few years due to its immense application in various end-use industries. The chemicals and petrochemical industries are projected to continue as one of the primary growth drivers of the target market. ...

 The global  styrene butadiene rubber market   is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Million in 2022 and is anticipated to surpass US$ 18,079.6 Million by 2032. As per the historic analysis of FMI, styrene-butadiene rubber sales grew at a CAGR of 5.2% between 2016 and 2021, owing to the use of rising applications including tires, footwear, and polyurethane adhesives   among others. The rising demand for synthetic and processed rubber is predicted to improve the sales of styrene-butadiene. End-use industries are rapidly inclining towards synthetic rubber over natural rubber in the automotive tire industry which is expected to bolster growth in the styrene butadiene rubber market. Over recent years, the use of synthetic rubbers such as styrene-butadiene has witnessed impressive growth due to technological advancements coupled with rising ...

 The  molybdenum market size is projected to be valued at US$ 316.0 billion in 2023 and is expected to rise to US$ 500 billion by 2033. The sales of molybdenum are expected to grow at a significant CAGR of 4.7% during the forecast period. Given its high electrical conductivity, molybdenum is increasingly being used in electronics, electrical devices, and medical equipment, which is driving growth in the global molybdenum market. The rising adoption of molybdenum in thermal spray coatings and the aerospace and defense sector is expected to drive growth in the global molybdenum market from 2023 to 2033. Molybdenum is also used in material processing equipment and high-temperature furnaces, which are expected to drive growth in the global molybdenum market. Molybdenum is not suitable for continuous service at temperatures above 500°C in an oxidizing atmosphere unless protected by an adequate coating, which is another factor that is expected to impede growth in the global mo...

 The global  precious metal plating chemicals market  is currently witnessing steady growth and is expected to reflect a noteworthy valuation by the end of the assessment year in 2027. Future Market Insights has covered a detailed analysis of the global precious metal plating chemicals market and presented the insights in a systematic and orderly fashion in its new research report titled  “Precious Metal Plating Chemicals Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. This research includes insights into various market segments across key geographies. It also includes an in-depth analysis of various trends, drivers, restraints, and opportunities in the precious metal plating chemicals market that influence the growth of the global market. The research study covers value and volume projections of the different market segments and presents future market projections based on historical data and the current market scenario. This ana...

 The global Chitin Market size is estimated at around US$ 1,604.0 Million in 2022 and is expected to be US$ 5,026.4 million by 2032. The global chitin market is expected to grow at a sizeable CAGR of 12.1% during the forecast period, between 2022 and 2032 will be recorded. Increasing chitin consumption in various end-use industries such as food & beverage, agrochemicals, and healthcare is expected to boost sales during the forecast period. In the food and beverage industry, chitin is often used as a thickening agent in cooking, which would boost growth. The report reveals an analysis of end-use industries using chitin for various applications. It lays emphasis on opportunities for growth in the chitin market along with key factors pushing the growth of the global market. Chitin market is categorized based on derivative type, its application in various end-use industries, and by region. The various facets of the global market across important geographies are monitored. The impa...

 International nutrient pointers advise that sodium consumption must be less than five grams per day. It has been discovered that clients worldwide now decide on merchandise with decreased salt content material as they may be concerned approximately those sicknesses. Therefore, future marketplace Insights has prepared the record ‘Salt content reduction elements market: global industry analysis (2011 – 2021) and opportunity evaluation (2022 – 2032)’ which estimates that the salt content reduction ingredients market is anticipated to be really worth more than US$ 10,769.9 million by using 2032. Intake of decreased salt products makes it possible to manipulate primary fitness concerns consisting of kidney stones, belly cancer, high blood pressure, and osteoporosis. Competition Dashboard in the Salt Content Reduction Ingredients Market Some of the companies profiled in the report are Cargill, Koninklijke DSM N.V., E.I. du Pont de Nemours & Co., Advanced Food Systems, Sensient Tech...

 The global  automotive fabrics market  is anticipated to witness a stagnant growth of 3.6% CAGR over the projection period from 2022 to 2032. The market is predicted to reach a valuation of  US$ 35,775.63 Million  in 2022 and will surpass  US$ 50,954.8 Million  in revenue by the end of 2032. Demand for safety measures in vehicles has surged significantly over the past few years. Various advancements have been made in the design of airbags, seats, and belts of automobiles, along with improvements in their weight and aesthetic appearance. Automotive fabric plays an imperative role in these advancements and improvements and has gained significant traction across the globe. Leading manufacturers in the market are shifting their focus toward the utilization of lightweight composite materials with properties such as lightweight, advanced adhesive technology, and low moisture content. Composite materials require lesser non-renewable sources for their product...

  The increasing use of natural friction modifier (OFM) additives for lubrication of automobile, aviation, rail, industrial, and electricity/ energy machinery additives is riding its demand throughout the globe. Future Market Insights (FMI)’s contemporary record well-known shows that the worldwide  organic friction modifier additives market  is set to surge at a steady CAGR of 4.Nine% during the forecast length (2017-2022). As in step with the report, this market is predicted to attain a valuation of over US$ 500 Mn through 2022-end. OFM components make a large effect on the tribological attributes of the lubricant, growing its functionality and efficacy to an extensive volume. Moreover, OFM additives make sure smoother mobility of mechanical components, which is seriously important in airplanes, automobiles, and numerous different industrial devices. There has been a big increase in calls for OFM additives because of their benefits and overwhelming results. Factors such ...

 The graphite market is expected to expand at a healthy CAGR of 6.5% between 2022 and 2032 when it is projected to reach a value of US$ 43,357.6 Million. The  graphite market , which was worth US$ 21,609.2 million in 2021, is anticipated to grow to US$ 23,097.7 million in 2022. The escalating application of graphite in various end-use industries like batteries, foundry facing, lubricants & crucibles, refractories, and others drive the graphite market to grow over this period of observation. The advantages of using graphite such as good thermal and electrical conductivity, lubricity, chemical resistance, and others propel the adoption of graphite in various industries. One of the primary market drivers of graphite is the expanding electric vehicles sector. Graphite is used in the production of anodes that are needed in batteries, particularly for electric vehicles. Also, rising concerns for the environment coupled with increasing awareness about pollution and such foster gr...

 The global  Boron Carbide Market  is estimated to be valued at US$ 141.2 Million in 2022, which is expected to expand at a CAGR of ~4.2% throughout the forecast period of 2022 – 2029, opines a recent market research report by Future Market Insights. As per the insights of the report, the global boron carbide market is estimated to witness substantial growth over the forecast period owing to numerous factors, which include research and development activities in the defense sector. As boron carbide is commonly used for developing bulletproof vests as well as in military tanks, ongoing advancements in the defense sector will bolster the consumption of boron carbide across geographies, opines the FMI study. Increasing Growth Opportunities in Asia Pacific excl. Japan Dictate Market Players’ Strategies Asia Pacific excl. Japan is expected to account for a prominent proportion of the global boron carbide market in terms of value and volume, according to the FMI study....

 According to FMI, the U.S.  Friction Modifier Additives Market  will continue to lead the world market during the projected period, with a 15% share in 2022. The estimated market size for Friction Modifier Additives Market worldwide is US$ 1,551.1 million in 2022, and it is projected to grow at a CAGR of 4.3% to reach US$ 2,363.1 million by the end of 2032. The fast-growing end-use industries of automotive, power generation, and aviation, the rising demand for organic friction modifier additives, and the growing emphasis on preserving and extending the life of equipment are some of the major factors propelling the U.S. market for friction modifier additives. The Friction Modifier Additives Market is examined in the recently released market report from Future Market Insights, “Friction Modifier Additives Market: Global Industry Analysis 2012 – 2021 and Opportunity Assessment 2022 – 2032,” which also offers an updated forecast of the market for the next ten years, fro...

 The global  coating additives market   is expected to register a robust CAGR of about 4.8% between 2022 and 2032. The market was evaluated at around US$ 10,613.3 Million in 2021 and is predicted to reach US$ 17,724.8 Million by 2032. According to the historical period, the global coatings market registered a healthy CAGR of 4.0% between 2016 and 2021. This growth is attributed to surging demand from a wide range of industries. Being one of the most crucial ingredients, coating additives are made up of such crucial ingredients consisting of coating formulations that help in regulating its performance. These additives are utilized in a variety of products, including automotive coatings, furniture, and construction. The rising demand for coatings additives is attributed to their widespread usage in several end-use industries such as automotive, architecture, wood & furniture, and others are expected to drive the market. Considering this, the global coating additives sal...

 A new market study by Future Market Insights on the global  coil coatings market  evaluates key industry trends for the historical period 2014–2021 and forecasts the coil coatings market growth for the 2022–2029 period. The global coil coatings market value at US$ 5.0 Billion in 2022, and is projected to grow at a moderate CAGR of 4.7% during the estimated period of 2022-2029. The report covers the latest market dynamics, trends, macroeconomic factors, key success factors, industry value chain, forecast factors, opportunity assessment, incremental opportunity, and competition analysis of all the major manufacturers involved in the coil coatings market. Topcoats remain highly preferred among end-use industries, especially in construction sectors, as compared to primers and backing coats. Topcoats are used to provide color and gloss along with mechanical, chemical, and UV resistance to finished coils, and hence are widely adopted across the globe. As per the findings of th...

 As per a study by FMI, the global  electronics adhesives market  is anticipated to exhibit a CAGR of 8.6% during the forecast period 2021-2031 in comparison CAGR of 7.5% registered between 2016 and 2020. The market for electronic adhesives is expected to surpass a valuation of  US$ 4.9 billion  by the year 2031. Polyurethane material accounts for nearly 50% of the global electronics adhesives market share. Driven by the characteristics such as a longer life cycle and thermal resistance, polyurethane is predicted to be the fastest-growing segment in terms of material, registering a CAGR of 8.5% over the course of the assessment period. Leading market players are launching innovations in electronic adhesives to cater to industry-specific applications. For instance, DELO launched a new pressure-sensitive electronic adhesive to address the increasing demand for applications in smartphone speaker surfaces and display frames for low fill factor. The introduction of t...

 According to Future Market Insights, historical analysis of the global  textile staples market   surged at a pace of 5.0% CAGR from 2012 to 2021. According to the present estimations, the global market is poised to expand at a 5.5% CAGR between 2022 and 2032. The growth in the market is attributed to the widespread consumption of textile staples in several end-use industries such as apparel, general and leisure, sportswear, interior flooring, and others is expected to push the sales during the forecast period. A staple fiber plays a vital role in fabric and garment manufacturing. Changing fabric preferences, especially among millennials, is expected to boost the textile industry, driving growth in the textile staples market. On the basis of application, the apparel segment is anticipated to contribute about 50% of the total sales and register growth at approximately 3.6% CAGR throughout the assessment period. Besides this, the interior flooring segment is anticipated to ...

 The global  polymer concrete market  is worth  US$ 465 Million  as of now and is slated to reach  US$ 979.2 Million  by the year 2032 at a CAGR of 7.7% between 2022 and 2032. Polymer concrete comes across as a composite material using thermoplastic polymers with an epoxy binder for hardening materials in the construction vertical. The vital ingredients include gravel, water, and sand, which render it conducive to repairing any of the concrete structures. Polymer concrete overpowers its counterparts concerning impact strength. The prime end-users comprise industrial, municipal & residential, and commercial sectors. An ever-increasing demand for polymer concrete in pump bases, chemical containments, waste containers, trench drains, and industrial flooring blocks is expected to take the polymer concrete market by storm going forward. This could be attributed to its ability to form complex shapes and fast-curing properties. Polymer concrete finds its ...

 According to Future Market Insights (FMI), the  coal tar pitch market  will increase by 5.5% year on year in 2022, reaching a value of around US$ 3,749.6 Million by the end of 2022. The global business is expected to grow at a significant 5.4% CAGR between 2022 and 2028. Tier-1 companies in coal tar manufacturing represent 60-70% share of the total market revenue. With massive coal tar distillation capacities across the globe, these players in the coal tar pitch landscape maintain their focus on both, standard grade and special grade coal tar pitch (CTP) production. Tier 2 players have a strong presence over restricted regions, whereas that of Tier 3 competitors is limited to regional sales. Standard-grade coal tar pitch is the key focus area for the latter two, according to Future Market Insight’s study on the global coal tar pitch landscape. For Details on Vendors and their Offerings – Request a Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb...

 Development of advanced production facilities to cater to  Metallic Stearates market  prospects; Market leads towards a sizeable share of  US$ 4.0 Billion by 2033 The metallic stearates market size is projected to be valued at US$ 2.6 Billion in 2023 and is expected to rise to US$ 4.0 Billion by 2033. The sales of metallic stearates are expected to record a significant CAGR of 4.5% during the forecast period. The increased use of metallic stearates in numerous end-use sectors is responsible for the market expansion. They are used as antistatic agents for dry impregnation in the textile sector. They serve to assist in the swelling and suspension of additives like pigments in printing ink processes. Additionally, metallic stearates are included in cosmetics and personal care items like shampoos, eyeliners, lipsticks, sunscreen, medicinal ointments, and foot powders due to their hydrophobic qualities, which stop the goods from collecting water and clumping togethe...

 The global  car wax market  is expected to witness steady growth, owing to the growing production of vehicles in different regions. This increasing vehicle production is expected to drive the demand for car wax products, which are particularly used in the finishing line in the manufacturing of a vehicle. Car wax products also register high demand from automotive aftermarket services. The increasing vehicle fleet is expected to upsurge the demand for car wax products, which are mostly used in car wash and car cleaning services. Future Market Insights published a market report titled  “Car Wax Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2022-2028”  which examines the car wax market and offers crucial market insights for the next ten years. According to Future Market Insights analysis, the global sales of car wax are estimated to be valued at US$ 743.5 Mn by the end of 2018 and are expected to register a 4.2% CAGR over the period of 2022–...

 With swelling exploration activities of new mines, across key targeted regions, the global demand for mining collectors—used in the froth flotation process and the recovery of heavy metal sulfides from ores—is anticipated to witness a steady year-on-year of 5.4 percent, in 2019. The  mining collectors market , however, is projected to lie in the steady growth-low value quadrant, through the forecast period of 2019-2027, as per a recent market intelligence report by Future Market Insights (FMI). “High-quality reserves are depleting, globally translating into comparatively lower productivity and produce. The demand for mining collectors and mining chemicals has increased as a result of this, specifically for mineral extraction processes from ores with lower mineral content, further making the extraction process economically feasible. Mining sector continues to be the dominant application for Xanthates consumption, representing approximately 95 percent of the over...