The paraffin wax market is pegged at a steady CAGR of approximately 4.8% through the forecast period (2019-2029). The market is projected to receive impetus from aromatherapy and packaging applications through 2029. Growing sentience among consumers for home ambience is expanding the paraffin wax market. Moreover, role of paraffin wax in cosmetic industry is contributing to steady …
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Sodium Lactate Market expected to reach US$ 368.3 Mn by 2031, Says FMI Analyst
Sodium lactate find extensive applications in the food & beverage industry, pharmaceutical and cosmetic and personal care products owing to its superior properties and cost-effective nature. As per a new study by Future Market Insights (FMI), the demand for sodium lactate will increase by 8.8% between 2021 and 2031. Focus on reducing the cost of production …
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Petroleum And Fuel Dyes and Markers Market is projected to grow at a moderate growth rate amid rising adulteration of petroleum and fuel across the globe
Petroleum and fuel dyes is general name for a family of aromatic substance, either organic or synthetic, which are used to add colour characteristics to gasoline and other petroleum products. These complex unsaturated substances have inherent characteristics like solubility and intense colour, and exhibits good affinity towards substrate on which it is being applied. Petroleum …
Disodium Inosinate Market are increasing demand for processed food industry, recent study By Future Market Insights
Disodium inosinate is mostly produced from fish, including meat and the disodium salt of inosinic acid. Its chemical formula is C10H11N4Na2O8P. Disodium inosinate is used as a flavor enhancer and food additive. Disodium inosinate is widely used in potato chips, instant noodles, and many other snacks. Although it can be extracted from bacterial fermentation of sucrose, it is often commercially made of animal …
Sodium Chlorate Market is majorly driven by the growth in the paper and pulp industry, Exclusive Report By Future Market Insights
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 …
Recycled Scrap Metal Market is anticipated to be driven by growing demand from automotive and construction industry, Says FMI Analyst
The global recycled scrap metal market is anticipated to expand at a steady 5.4% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Increasing production of iron and steel is boosting demand for recycled scrap metals. Growing utilization of scrap metals in steel production and in non-ferrous metals processing …
Boron Trifluoride & Complexes Market to shape the future by increasing growth in Petrochemicals; Says FMI
The global boron trifluoride & complexes market sales are anticipated to be valued at ~US$ 233 Mn by the end of 2019, witnessing a strong Y-O-Y growth of ~4.5% over the year 2018, finds a recent study published by Future Market Insights. Asia Pacific excluding Japan is projected to hold more than half of the market value …
Phthalocyanine Pigments Market is expected to support their industry growth over the coming years, Says FMI
Phthalocyanine pigments are one of the most widely used organic pigments which find their extensive utilization in the various industries including textile, paper, plastic, etc. Phthalocyanine possess intense blue-green color and also form coordination complex with almost all elements of the periodic table, which are further used as pigments or dyes. Apart from its usage …
Growing demand of Benzylamine Market is rising, Analysis By Future Market Insights
Benzylamine is a chemical organic compound with the abridged structural formula C6H5CH2NH2. Benzylamine comprises of a C6H5CH2, benzyl group, bonded to an amine functional group, NH2. Benzylamine is a collective precursor in organic synthesis and used in the industrial production of numerous pharmaceuticals. Benzylamine is a primary alkylamine and valuable intermediate for several applications and …
Oxo Chemicals Market is anticipated to bring significant revenues by increasing plasticizers demand: Analysis By Future Market Insights
Oxo chemicals are intermediate and derivative chemical compounds which are characteristically used in chemical and manufacturing processes of paints, plasticizers, coatings, adhesives and lubricant additives. They are formed by hydroformylation of olefins with a synthesis gas, which is a universal route to C3-C15 aldehydes, which are further converted to alcohol, acids and other complex compounds. …