New Product Development
Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers. Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end …
Continue reading “Barite Market is set to register a CAGR of 4.0% between 2022 and 2030”
Potassium chloride is used in various applications such as fertilizers in agriculture, deicing, water softening, and industrial applications. It is an important source of potassium nutrient in plants and animals. Increasing food demand in tandem with the rising population is expected to drive the potassium chloride market. The need for better yield per unit area of …
Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the demand for precast concrete. The global precast concrete market will grow at 5.3% CAGR during the forecast period (2020-2030), as projected by a new Future Market Insights (FMI) study. Infrastructure development in emerging countries such as India, Indonesia, China, …
Magnesium carbonate minerals are witnessing an upsurge in demand, owing to their application in multiple end-use sectors such as pharmaceuticals & personal care and construction. Magnesium carbonate minerals are used to produce raw materials that serve as refractory materials for steel, metallurgy, and ceramic industries. End users such as the chemical industry also use magnesium …
Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. Rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. Heightening concerns related to water treatment are likely to further fuel …
Global revenue from the sales of perfume ingredient chemicals was valued at US$ 6.7 Bn in 2022 and is projected to reach a market value of US$ 8.9 Bn by 2027 end, increasing at a CAGR of 5.7% during the forecast period i.e. between 2022 and 2027. According to a new publication by Future Market Insights titled “Perfume Ingredient Chemicals …
Continue reading “Perfume Ingredient Chemicals Market size is projected to total US$ 8.9 Bn by 2027”
The global boron trifluoride & complexes market sales are anticipated to be valued at ~US$ 270.7 Mn by the end of 2022, witnessing a strong Y-O-Y growth of ~4.5% over the year 2021, finds a recent study published by Future Market Insights. Asia Pacific excluding Japan is projected to hold more than half of the market value share …
Technical coil coating is a process in which a coating material is applied on the metal strip in a continuous process. The technical coil coating process involves chemical pre-treatment of the metal surface on either one side or both the sides. The process is used in many industries like construction, transportation, furniture etc. A new …
Continue reading “Technical Coil Coatings Market is projected to total US$ 13.0 Bn by 2027”
According to the analysis, the global adsorbents market has recorded a market valuation of over US$ 4,100 Mn in 2022, which is expected to reach a value of US$ 6,600 Mn by the end of 2022. Adsorption is a process of accumulating molecules, ions, or chemical species from solids and fluids onto a surface. The surfaces at …
Continue reading “Adsorbents Industry pushing the market valuation to US$ 6.7 Bn in 2028”
The demand for synthetic rubbers continues to witness an upsurge as companies fail to find competent natural substitutes. In the view of changing industrial applications, styrene butadiene rubber has emerged as one of the greatest synthetic rubbers used in the automotive industry. With exceptional properties, products made of styrene butadiene rubber are finding applications across …