Chemical Blog

 The global  activated alumina market  is predicted to reach a valuation of US$ 1129.6 Million in 2032 with sales growing at a moderate CAGR of 5.8% over the forecast period of 2022 to 2032. In 2022, the activated alumina market is estimated at a value of US$ 642.8 Million. Activated alumina’s high porosity leads to a surge in its utilization for filtration and adsorption purposes. As a result, there’s a notable rise in the demand for activated alumina over the projected period. In addition to this, growing water treatment technologies all over the world are also adopting activated alumina. All these factors are likely to boost the market for activated alumina over the forecast period. Activated alumina is a dry and granular chemical substance produced by de-hydroxylation. It is used to remove hydroxyl group ions from aluminum hydroxide. This usage culminates in positive market prospects for the product. Drivers and Challenges Impact Market Dynamics, which can Impact Busi...

 The global  adipic acid market  is forecasted to be valued at US$ 6,346 million in 2022 and is predicted to secure a slow-paced CAGR of 4.9% during the forecast period. Adipic acid is one of the most commercially crucial forms of aliphatic dicarboxylic acids, particularly because of its considerable usage as a feedstock for the production of commercial fibers. It’s far constituted of the oxidation of a mixture of cyclohexanol and cyclohexanone with nitric acid. As a substitute, adipic acid can also be constructed from butadiene carbonylation. There has been a considerable call for chemically resilient, robust, and durable fibers for the manufacture of automotive parts. This has initiated a strong demand for adipic acid, due to the fact it is one of the key components for the manufacturing of composite materials. The foremost intake of adipic acid is as the feedstock for the manufacturing of nylon 6,6 resin and engineering fibers. The non-nylon applications of a...

 The global  aluminum market  is expected to auger impeccable growth with a surging CAGR of 6.2% from 2022 to 2032. The aluminum market is anticipated to be valued at US$ 155,352.44 Million in 2022 and is anticipated to reach US$ 283,506.6 Million by 2032. Growth is attributed to the increasing use of lactic acid in end-user industries. From 2016-2021 a CAGR of 4.3% was registered for the lactic acid market. Aluminum is considered one of the most abundant metals found in the Earth’s crust. On the basis of weight, it accounts for approximately 8% of the earth’s crust. Owing to the wide availability and numerous properties of aluminum make it a widely used metal all over the world. The diverse application of aluminum in various industries such as food & beverage, packaging, household products, transportation, and electronics is fueling market growth during the forecast period. Aluminum is said to be the perfect substitute for materials such as iron and steel majorly due...

 The Global  Cold Insulation Market  is expected to be valued at US$ 6,835.6 million in 2022 and forecasts annual growth of 8.1% worth US$ 14,894.8 million from 2022 to 2032. The growth is attributed to increased demand in the oil and gas industry. Between 2016 and 2021, the thermal insulation market recorded a CAGR of 5.6%. A technology implemented in industrial operations that are aimed at mitigating the loss of energy across various infrastructures and improving their energy efficiency is referred to as cold insulation. With the increasing growth of industrialization, especially in the HVAC sector as well as the refrigeration sector, the demand for various types of cold insulation materials is increasing. Leading players in the cold insulation market are aiming to introduce versatile materials including polystyrene foam, fiberglass, phenolic foam, and polyurethane foam, in order to meet the specific needs of a wide range of end users and gain an edge in the global land...

 The global  basalt fibre market  is anticipated to reach a value of  US$ 661.3 Million  by the end of 2032. There is a significant rise in demand for basalt fibre from the construction industry as a non-corrosive material and growing awareness about the various advantages of basalt fibre, such as enhanced mechanical, physical, and chemical properties. The adoption of basalt fibre as a sustainable replacement for plastic fibre among various end-use industries is considering boosting its sales. The market for basalt fibres has been significantly influenced by certain demographic factors, macroeconomic factors, and certain innovation factors, including urbanization, development in the building and construction industry, increasing vehicle production, rising demand for environmentally friendly products, and technological advancements in the automobile and aircraft industry. The construction sector is expected to hold a prominent share of the global basalt fibre mar...

 The global  monochlorobenzene market  is expected to reach a valuation of US$ 2,592.6 Million by 2032, with the market expanding at a dormant CAGR of 3.3% from 2022 to 2032. Valued at US$ 1,813.98 Million in 2021, the monochlorobenzene market will likely reach an estimated US$ 1,873.9 Million in 2022. The escalating application of monochlorobenzene in different end-use industries drives the market growth of the same. More than half of all monochlorobenzenes are utilized in the production of nitrochlorobenzenes which, in turn, is used to produce pigment intermediates, dye, pesticides, rubber processing chemicals, organic intermediates, and pharmaceuticals among others. This, along with other monochlorobenzene subcategories propel the growth of the target market during the forecast period. An aromatic organic compound with the chemical formula C6H5Cl is referred to as monochlorobenzene . A colorless, flammable liquid, monochlorobenzene acts as a typical solvent for use as ...

 The global  formaldehyde-free resin market  was worth US$ 8.35 Billion in the year 2022 and is expected to reach US$ 16.26 Billion by the year 2032 at a CAGR of 6.9% between 2022 and 2032. Formaldehyde-free resin is looked upon as a good replacement for traditional urea-formaldehyde and phenol-formaldehyde resins used for insulations in adhesive, furniture, and building & construction verticals. They find their place in the textile industry as well as they facilitate the retention of colors of jeans. The characteristics of the formaldehyde-free resin include robust resistance to moisture with good adhesion properties. As such, formaldehyde-free resins are used to bind fiberglass filaments in fabricating industrial nonwoven inclusive of fiberglass webs used in the insulation of roofing, HVAC filters, and floorings. Wood adhesives are used on an extensive note in the furniture vertical and offer advantages like appropriate adhesion to wood, the enhanced balance between...

 The global  flocculant and coagulant market  is projected to grow at a moderate CAGR of 5.5% from 2022 to 2032. The market is set to reach an estimated US$ 10,910.4 million by 2032, rising from US$ 6.387.3 million in 2022. Historically, the market recorded an average CAGR of 4.2% from 2016 to 2017. The estimated growth for the forecast period can be attributed to the increasing use of flocculants and coagulants in wastewater treatment systems in order to remove solids, dewater solids, clarify water, and sludge thickening. Flocculants and coagulants are an effective and affordable approach to removing solids from wastewater. These work by neutralizing surface charges and are used in multiple industrial verticals for water purifying purposes. These sectors use flocculants and coagulants that come in different forms including dry granular, dilute aqueous, and inverse emulsions with high solids concentrations. Other varieties of cationic, anionic, and nonionic polymers of di...

 The world market size for ethylene glycol is expected to reach a valuation of USD 16,187.2 Million in 2022. during the forecast period of 2022 to 2032. The  ethylene glycol market   is forecast to thrive at a CAGR of 5.3% which is forecast to be worth 27,130.3 million USD. What is Driving Demand for Ethylene Glycol  Major factors driving the market are the growing demand from the textile industry and automotive industry. The availability of enhanced ethylene glycol production technology increased the popularity of bio-based ethylene glycol, and rising demand from the textile industry is projected to fuel market expansion throughout the forecast period.   Rapid growth in the textile and PET resin products industries is expected to boost consumption during the forecast period.?   The packaging industry has been driven by rapid growth and changing lifestyles of consumers, and the growing use of?  Polyethylene Terep...

 In 2022, the  mushroom materials market  is projected to be worth US$ 4,561 million. Materials made of mushrooms are more popular since they are portable, simple to use, and good for the environment. The overall demand for mushroom materials is anticipated to increase at a CAGR of 5.8% between 2022 and 2032, reaching a total of approximately US$ 8,015.2 Million by 2032. Although this material is relatively new to the furniture industry, it has the potential to generate significant income throughout the projected period. The mushroom materials market is anticipated to grow at a noticeable CAGR during the forecast period (2022-2032). As the sustainability trend is sweeping across various industries, mushroom materials are rapidly replacing plastics in packaging solutions as they are free from volatile organic compounds (VOC) and are derived from biodegradable materials. The transportation sector is among the key contributors to greenhouse gas (GHG) emissions, especially in...

 Two of the prominent types of calcium carbonate that have found significant commercial applications are fine- ground calcium carbonate and precipitated calcium carbonate . Derived from calcium carbonate, these compounds find application primarily as mineral fillers for plastics, paints & coatings, rubbers & elastomers among others. Calcium carbonate is one of the most abundantly occurring minerals on earth and composes nearly four percent of the earth’s crust. It exists naturally in the form of limestone, marbles, and chalk formed by sedimentation over a period of time. It is one of the most versatile compounds and finds a variety of applications across a diverse set of industries including construction, steel, and agrochemicals among others. Besides, fine ground calcium carbonate and precipitated calcium carbonate are also used as pigments, processing aids, extenders, and impact modifiers across industries. Although the two product types serve a similar range of applicati...

 The global ethanol market is anticipated to witness stable growth by registering a healthy CAGR of 4.6% over the projection period from 2022 to 2032. The global market is predicted to reach US$ 109 Billion in 2022 and surpass US$ 170 Billion by the end of 2032. As per historic estimations, the  ethanol market  registered a growth of 3.9% from 2016 to 2021. In the healthcare sector, ethanol is used to create pharmaceuticals and antidotes that lead to unprecedented growth. In order to maximize profits market leaders are grabbing this once-in-a-lifetime opportunity by approaching it calculatedly. According to various studies, it has been revealed that demand for ethanol has significantly grown despite numerous troubles. The growth chart is remarkable owing to its rising demand from the automotive and aviation biofuel industries. The ethanol substance has seen rising usage as a biofuel which is expected to drive up demand for it. Another significant driver of indus...

 In 2023, it is predicted that the market for ultrapure water would be worth US$ 8.8 billion. The  ultrapure water market  is expected to show an 11.1% CAGR from 2023 to 2033. By the end of 2033, it's predicted to produce a market size of US$ 25.2 billion. The use of ultrapure water in the electronics sector would help in preventing the accumulation of impurities that could damage sensitive components. The semiconductor sector is one of the prominent end-use industries holding a significant share of around  55%  of the global market in 2023. The growing need for ultrapure water in the production of electronic components has increased with the robust expansion of the electronics sector. A significant increase in the consumption of ultrapure water from several end-use industries such as power generation and pharmaceuticals among others is another key factor driving growth. Ultrapure water is used in power generation facilities for the production of steam, which is...

 In 2023, the  ceramic membranes market size is expected to be worth US$ 5.45 Billion. The market is expected to reach US$ 15.61 Billion by 2033, expanding at 11.2% CAGR throughout the forecast period. Ceramic membranes offer excellent filtration capabilities for water and wastewater treatment. They can effectively remove suspended solids, bacteria, viruses, and other contaminants, ensuring clean and safe water. Ceramic membranes are known for their durability, chemical resistance, and high fouling resistance, making them suitable for challenging water treatment applications. Ceramic membranes play a vital role in the food & beverage industry. They are used for clarification, concentration, and separation processes. These membranes help to remove impurities, microorganisms, and unwanted components from liquids, leading to improved product quality, extended shelf life, and enhanced food safety. Ceramic membranes find applications in pharmaceutical and biotechnolo...

 The global  styrene-butadiene-styrene (SBS) block copolymer market  revenue is anticipated to reach US$ 10.1 billion by 2033, up from US$ 5.8 billion in 2023. Future Market Insight estimated a CAGR of 5.8% for the market between 2023 and 2033. Growing demand for fuel-efficient vehicles is driving the demand for styrene-butadiene-styrene block copolymers in the automotive industry. The increasing adoption of the SBS block copolymer in the construction industry given its excellent weather and chemical resistance properties is fueling the market expansion. The demand for adhesives and sealants is rising. This demand is seen in various applications such as paper & packaging, woodworking, and construction. This upsurge in demand is propelling the sales of styrene-butadiene-styrene block copolymers. There is also a rising demand for bio-based and sustainable products in various industries given the increasing environmental concerns.  Styr...

 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 glo...

 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 4.9% during the forecast length (2017-2022). As in step with the report, this market is predicted to attain a valuation of over US$ 500 Million 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...

 A recently published market study by Future Market Insights (FMI) on the  potassium sulphate market   integrates the global industry analysis for 2014-2018 and market opportunity assessment for the forecast period of 2019-2029. The market study divulges fundamental insights and provides an in-depth market analysis for the historical as well as forecast period. As per the market valuation in the report, the global potassium sulphate market is estimated to witness noteworthy growth due to growing demand from the agricultural sector. The global potassium sulfate market was valued at ~US$ 4.0 Bn in 2018 and is anticipated to grow with ~5% CAGR throughout the forecast period of 2019-2029. Consumption of fertilizers is directly related to agricultural production and indirectly to the increasing global population; the higher the population more will be the requirement for food. On the other side, the loss of crops due to unforeseen seasonal changes and calamities will further d...

 A new market research report by Future Market Insights (FMI) on the  sulphur bentonite market   forecasts a promising growth outlook for the market during the decade-old period of projection. Demand from China would account for nearly 50% of the total market value towards the end of 2029. Up from the global market value of US$ 188 Mn attained in 2021, sales of sulphur bentonite will observe promising growth during the forecast period, 2022 – 2029. The report opines that market growth will be primarily driven by rapid growth in demand for increased crop yield. The application will be promising in oilseeds, fruits and vegetables, cereals, pulses, crops, lawns, turf, and trees. With cultivating land soils facing continued sulphur deficiency, it is likely that sulphur bentonite consumption will be on an upward trend through the foreseeable future. The progressing local and foreign investment scenario in agriculture will also fuel the growth of sulphur bentonite market. Drive...

 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 monitor...

 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 ...

 According to research conducted by Future Market Insights on the global  sulfuric acid market , demand for sulfuric acid is set to grow at a moderate CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 25,623.0 Million by the end of the forecast period (2032). The market has been significantly influenced by certain macroeconomic and industrial factors including chemical industries development, rapid economic boom, expansion of the manufacturing sector, and growth of the agricultural industry. Sulfuric acid, also known as oil of vitriol, is a strong mineral acid that finds application in diverse industries including metal extraction, agriculture, pharmaceuticals, and textiles. It has become a key constituent utilized for the manufacturing of phosphate-based fertilizers. Thus, the need for increasing crop production all over the globe will indirectly push the demand for sulfuric acid during the forecast period. Similarly, development in the chemical industry and gro...

 Future Market Insights (FMI), Dubai: As per exhaustive research by FMI, the global  phosphate conversion coatings market  is poised to total  US$ 1.86 Bn  in 2022. Increasing adoption in the production of casing connections to enhance their sealing performance is fueling the demand for phosphate conversion coatings. Phosphate conversion coatings transform the basis metal surface into a non-metallic crystalline surface. This enhances appearance, improves corrosion resistance, and promotes adhesion & lubrication. Hence, these coatings are extensively being used across the automotive industry to enhance auto components such as car frames, engine mounts, and wheels. Consecutively, increasing demand for automotive vehicles across the countries such as the U.S.,  China ,  Germany , and  India  is projected to aid the growth of the market. On account of this, sales of phosphate conversion coatings are projected to reach a 4% CAGR, sur...

 According to the report, the global  terephthalic aldehyde market  is expected to witness -a 3.8% CAGR from 2018 to 2028. While the market currently values worth US$ 16,129,832.3 it has been projected to go down and reach US$ 4,342,866.7 by the end of 2028. The leading companies functioning in the global terephthalic aldehyde market are Haihang Industry Co., Ltd., Wuhai Xinye Chemical Co., Ltd., Dalian Richfortune Chemicals Co. Ltd., Alfa Aesar, Hebei Xingyu Chemical Co., Ltd., and Tokyo Chemical Industry Co., Ltd. Future Market Insights (FMI) has published a new report on terephthalic aldehyde, which has been titled,  “ Terephthalic Aldehyde Market: Global Industry Analysis 2013-2016 and Opportunity Assessment 2018-2028 .”   According to the report, the global market for a terephthalic aldehyde is on the verge of downfall owing to the amount of wastewater being generated from the production of only one tonne of terephthalic aldehyde. Drivers and Challenge...

 Future Market Insights (FMI) has introduced a new report on carbon fibre composites for prosthetics. The report has been titled, “ Carbon Fibre Composites for Prosthetics Market : Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.” According to the Amputee Collation, the main causes of limb loss have been vascular diseases (54%) – including diabetes and peripheral arterial disease, trauma (45%), and cancer (less than 2%). On average, 185,000 amputations occur in the United States every year. The adoption of prosthetics has witnessed steady growth in the last few years. Proliferating awareness among individuals together with swelling disposable income in the United States is expected to result in an increase in demand for prosthetics. The majority of people agonize from limb or foot loss due to vascular diseases or due to some accident or injury, which is anticipated to further increase the sales of prosthetic products. The rising elderly population represents...

 The growing demand for building or structure safety measures across residential, commercial, and industrial sectors are key factors driving the global  calcite market . According to a study by Future Market Insights (FMI), calcite sales will continue rising in response to increasing industrial applications and rising construction activities. According to FMI, the market will surpass US$ 15.14 Billion by 2021. The demand for ground calcium carbonate or GCC calcite will remain significantly high. It is expected to account for over 60% of calcite sold globally in 2021. Increasing demand for cement has resulted in significant growth in demand for calcite. Besides this, the demand from the paper and pulp industry will enable the market to exhibit consistent growth through the forecast period. The global calcite market is anticipated to grow owing to the increasing investment in residential and commercial construction. Besides this rapid urbanization will pave the way for the expan...

 The global lining market is estimated to be valued at US$ 3,958.7 Million by 2018 end. Expanding at a modest CAGR of 3.9%, the global  lining market  is anticipated to reach a valuation of US$ 5,820.8 Million, over the forecast period of 2018-2028, as per a recent study by Future Market Insights. Global lining market prospects are likely to be significantly influenced by the increasing investments in oil and gas exploration activities and augmenting production capacities of refineries. Moreover, surging demand for trade through marine ports coupled with the growing shipbuilding industry and frequent repair and maintenance of linings in shipping are some key factors favoring the growth of the global lining market. Charts and Data Tables About Market and Segment Sizes for a Historic Period of Ten (2018-2028) years have been Covered in this Report. Download the Sample Report@  https://www.futuremarketinsights.com/reports/sample/rep-gb-7246 Key Segments Covered The lini...

 The global  polysilicon market  is anticipated to hold a valuation of  US$ 8.5 Billion  in 2022, and progress at a steady CAGR of 5.6% to attain an estimated net worth of  US$ 11.8 Billion  by 2028. The widespread installations of solar photovoltaics (PV) are expected to drive the demand for silicon products. As the popularity of solar energy generation increases, demand for solar-grade polysilicon products is also expected to see a major rise over the forecast period of 2022 to 2028. Rising demand for electronics and semiconductors is also set to propel sales of electronics-grade polysilicon materials. Future Market Insights present a half-yearly comparison of the growth projections for the market of polysilicon along with the dynamics and key developments impacting the market trends. Polysilicon sales are expected to witness a growth rate of magnitude 4.8% over the first half of 2022 as compared to the growth rate of 4.6% in the first half of 2021, ...

 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. Download a  S ample to  O btain  A dditional  H ighlights and  K ey  P oints on  V arious...