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Currently, the chemical industry is experiencing positive growth in the global economy, and also continued strength throughout the major key end-use industries such as automotive, electronics, and construction.

The chemical sector is the backbone of the global economy, and contributes more than five percent to the global GDP. All these chemicals are manufactured from various types of chemicals which play as a role as a catalyst, intermediate, or an agent.

Methyl ethyl ketone is one the chemicals used as a solvent, resin, and adhesive for the end use industries. Methyl ethyl ketone is also known as butanone and abbreviated as MEK. Methyl ethyl ketone is an organic compound having the molecular formula C4H8O.

There are several methods are used for the manufacturing of methyl ethyl ketone, such as, by the dehydrogenation process of 2-butanol, by sulphuric acid and n- butene, by phenol to obtained methyl ethyl ketone, and acetone as a byproduct.

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Market Dynamics: Methyl Ethyl Ketone Market

Industrial development, growth in the economy, and emerging innovative technology are the factors which can uplift the growth of the methyl ethyl ketone market during the forecast period. In addition to this, there are other several factors which can add to the growth of the methyl ethyl ketone market, such as growing disposable income in developed and developing regions, which, is in turn, is boosting the demand for methyl ethyl ketone in the global market.

Besides this, recovery of the infrastructural development and construction sector across many economies is also supporting the growth of the global methyl ethyl ketone market. With these positive factors, there are also some factors which can restrict the growth of the methyl ethyl ketone market, such as geopolitical uncertainty, fluctuation in oil prices, and opposition to free trade.

On the opportunity front, there is significant opportunity to key manufacturers to invest in the methyl ethyl ketone market, owing to infrastructure investments by the respective regional governments, growth in end use industries, a rebound in industrial activities, etc.

On the basis of the end use industry, the paints & coatings segment is expected to dominate the methyl ethyl ketone market from last decade, and is expected to continue the same in the near future. The segment alone is expected to hold more than fifty percent of the market share in terms of volume, followed by the rubber and packaging segment.

Regional Outlook: Methyl Ethyl Ketone Market 

On the basis of geographical analysis, the consumption of methyl ethyl ketone is expected to grow at an average rate of nearly 2% in the coming forecast period. Most of the methyl ethyl ketone market growth is expected to come from the Asia Pacific region, especially from China, owing to significant growth in end use industries, subsidiary policies in favor of manufacturers, availability of labor at cheap rates, etc.

The concentration of methyl ethyl ketone consumption in increasing majorly in three region – Asia Pacific, Japan, and Western Europe. These regions, collectively, are expected to hold more than two-thirds of the market share in terms of value and volume.

In Asia Pacific, China alone makes up more than one-third of the methyl ethyl ketone market in terms of value and volume. Western Europe is expected to gain traction in the methyl ethyl ketone market in the near future, owing to process optimization in the technology.

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Some of the key players in the methyl ethyl ketone market are:

• AkzoNobel N.V.
• Arkema S.A.
• Sasol Solvents
• ExxonMobil Chemical
• Shell Chemicals
• Cetex Petrochemicals
• Ineos Solvents
• PetroChina Lanzhou Petrochemicals
• Idemitsu Kosan Co. Ltd
• Tonen Chemicals
• SK Energy Co. Ltd

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 assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, and end use.

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation: Methyl Ethyl Ketone Market

The methyl ethyl ketone market is segmented on the basis of application and end use.

On the basis of application, the methyl ethyl ketone market segmented

• Solvents
• Resins
• Inks
• Adhesives
• Others

On the basis of end use, the methyl ethyl ketone market segmented as,

• Paints & Coatings
• Rubber
• Packaging
• Artificial Leather
• Others

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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 market for corrosion inhibitors in the forthcoming years. 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, in particular. Cooling water is the largest segment for corrosion inhibitors in the water treatment process to protect the metal machinery from the water flow.

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Key Takeaways from the Market Study

• Global corrosion inhibitors market to be valued at US$ 8.3 Billion by 2022-end
• U.S to account for the highest value share of US$ 4.4 Billion of global market demand for Corrosion Inhibitors Market in 2032
• From 2015 to 2021, corrosion inhibitors demand expanded at a CAGR of 6%
• By compound, organic corrosion inhibitors segment constitutes the bulk of Corrosion Inhibitors Market with a CAGR of 0%.
• By type, eater-based corrosion inhibitors to exhibit a CAGR of 2%.

“Infrastructural growth related to electricity demand, clean water demand, fuel demand, transportation demand, and construction demand are expected to influence the Corrosion Inhibitors Market during the forecast period,” remarks an FMI analyst.

Competitive Landscape

Players in the global Corrosion Inhibitors Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

• In February 2021, LANXESS signed a binding agreement to acquire 100 percent shares in Emerald Kalama Chemical on February 14, 2021. The US-based company is a globally leading manufacturer of specialty chemicals, especially for the consumer segment, and is majority-owned by affiliates of the US private equity firm, American Securities LLC.
• In August 2019, Nouryon planned to double capacity at its surfactants plant in Stenungsund, Sweden, to support the growth of several existing products as well as new sustainable technologies for markets, including oil and gas, lubricants, and fuels, and asphalt. The USD 14-million expansion and upgrade project include the installation of a new reactor and is expected to be completed by the first quarter of 2021. It will increase the production and innovation in corrosion inhibitors.
• In October 2018, SUEZ announced the signature of 19 contracts in Ecuador, Colombia, Brazil, Mexico, and Costa Rica. These contracts are part of the Group’s development drive in Latin America and the Caribbean, which account for 7% of its global turnover and represent over 7000 employees in 10 countries. With these new contracts, SUEZ strengthened its presence in water services management in large cities and developed in new markets of waste management and industrial services.

Know More about What the Corrosion Inhibitors Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Corrosion Inhibitors Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

To understand opportunities in the Corrosion Inhibitors Market, the market is segmented on the basis of compound, application, type, and end-use industry across five major regions.

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Key Segments Covered In The Corrosion Inhibitors Market Study

Corrosion Inhibitors Market by Compound:

• Organic Corrosion Inhibitors
• Inorganic Corrosion Inhibitors

Corrosion Inhibitors Market by Application:

• Corrosion Inhibitors for Water Treatment
• Corrosion Inhibitors for Process and Product Additives
• Corrosion Inhibitors for Oil and Gas Production

Corrosion Inhibitors Market by Type:

• Water-based Corrosion Inhibitors
• Oil-based Corrosion Inhibitors
• Volatile Corrosion Inhibitors

Corrosion Inhibitors Market by End-Use Industry:

• Corrosion Inhibitors for Oil and Gas
• Corrosion Inhibitors for Power Generation
• Corrosion Inhibitors for Chemicals
• Corrosion Inhibitors for Metals Processing
• Corrosion Inhibitors for Pulp & Paper

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The global zinc carbonate market is projected to expand at a 3.8% CAGR during the forecast period between 2022 and 2032 finds Future Market Insights (FMI) in a recent market analysis. Zinc carbonate, abbreviated ZnCO3, is an inorganic compound. It is also known as smithsonite, calamine, or zinc spar. Zinc carbonate is a white crystalline solid or powder that is insoluble. It is used in various applications such as pharmaceuticals, cosmetics, and fertilizers. Depending upon its usage, it is available in different grades such as pharma & food and technical grade.

Zinc carbonate is extensively utilized by the pharmaceuticals & cosmetics industry across the globe owing to its anti-inflammatory properties. Majorly in cosmetics, it is used in lotions, creams, shampoos & other products. It is also used in feed additives to fight zinc deficiency.

One of the most profitable markets for zinc carbonate is the rubber industry. Zinc carbonate is a commonly used raw material in the production of rubber. It is used to increase the translucency or transparency of natural rubber. It could also be used as a flame retardant by acting as a fireproofing filler in high-temperature rubber. Rising demand for rubbers from various end-use industries is expected to boost zinc carbonate market during the forecast period.

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As per FMI, the global zinc carbonate market is expected to be dominated by East Asia, with total sales reaching US$ 97.2 Mn by 2032.

“Zinc Carbonate sales are expected to be driven by its use in pharmaceuticals, drugs & medicines, and cosmetics across the globe, followed by rubber production and fertilizers.” says an FMI analyst.

Key Takeaways:

• The pharmaceuticals segment is projected to hold approximately 24% of the total market share in 2022.
• The cosmetics segment is anticipated to grow at a 4.2% CAGR through 2032.
• East Asia will emerge as an appealing zinc carbonate market, creating an incremental dollar opportunity of US$ 35.3 Mn during the forecast period.
• The fertilizer segment is expected to reach about US$ 25.6 Mn by end of the forecast period.

Competitive Landscape         

Key players in the zinc carbonate market include Global Chemicals, Shepherd Chemical, Seido Chemical Industry, Bruggemann Chemical, Rubamin, Transpek-Silox, Yanggu Zhongtian Zinc Industrial, Ava Chemicals, Pan-Continental Chemical Co., Ltd, Strem Chemicals Inc., TIB Chemicals, Anron Chemicals Inc. and others.

 More Insights into the Global Zinc Carbonate Market Report

In its latest report, FMI offers an unbiased analysis of the global zinc carbonate market, providing historical data for the period 2017-2021 and forecast statistics for the period 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on grade (pharma & food and technical), application (pharmaceuticals, cosmetics & personal care, feed additive, rubber production, fertilizers, oil & gas, chemicals, and others) & region ( North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

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The electrical steel market value will total US$ 37.5 Bn in 2021, as per Future Market Insights (FMI). Exhibiting a CAGR of 6.5% for 2021-2031, the market is expected to reach US$ 70.5 Bn by the end of 2031. Despite logistical challenges amid restrictions imposed to contain the pandemic in 2020, the market is forecast to register 5.3% year-on-year growth in 2021.

The demand for electrical steel will surge particularly in emerging economies, as they leverage renewable energy sector and invest in infrastructure activities. Consequently, the market will register rising application of electrical steel in transformers. This factor however is not restricted to a particular region, rather it will guarantee global market growth on account of increasing energy consumption around the world.

Among various types, application of grain-oriented steel will continue increasing in transformers and generators, which will stimulate growth of the market. Also, growing demand for automobiles, spurred by the rise in population, lifestyle changes, and emergence of technological innovations has spurred sales of the non-grained electrical steel.

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According to the study, the demand for non-gain oriented electrical steel is anticipated to rise at a CAGR of 5.7% in 2021. On the other hand, grain-oriented electrical steel will account for over 55% of the market share in 2021.

The market for electrical steel in Europe is forecast to grow at a CAGR of 5% over the assessment period. Meanwhile, factors such as presence of key market players, rising research and developmental activities, and expansion of production facilities will aid in electrical steel market growth in the U.S.

“Increasing demand for highly-efficient transformers across the globe will bolster sales of electrical steel. To capitalize on available opportunities, manufacturers are likely to focus on capacity expansion,” said a Future Market Insights analyst.

Key Takeaways from Electrical Steel Market Survey

• Japan is projected to exhibit growth at a CAGR of 6.3% between 2021 and 2031, accounting for over 35.6% of the East Asia market.
• The U.S. is the leading market for electrical steel in North America and is estimated to register a CAGR of 5% over the forecast period.
• The electrical steel market in China is likely to register impressive growth, accounting for over 52% of the East Asia market through 2031.
• Indian market is expected to grow at a steady pace, accounting for over 44% sales in the South Asia and Pacific region in 2021.
• Based on application, transformers will account for 45% of the overall market share in 2021.

Key Drivers

• Growing manufacturing activities in developing regions is boosting sales of electrical steel.
• Rising global automobile production is a key factor diving growth of the market.

Key Restraints

• Volatile prices of raw materials is a key factor impeding growth of the electrical steel market.

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Competitive Landscape

Key manufacturers are focusing on expanding their facilities in order to strengthen their market presence.

For instance, in November 2020, Nippon Steel, a leading steel manufacturing company based in Japan announced plans to invest approximately US $1 billion to broaden its electrical steel sheet facilities at two plants in Japan. This progression will raise its capacity for over 40% by the first half of 2023 to address the growing demand for electric vehicles and transformers across end users.

Other players operating in the market are focusing on new product offerings to enhance their product portfolio.

For instance, in 2020, Voestalpine Group, announced the launch of its two electrical sheet products named, blacklack-V and Sovac. With the launch of these novel products, company will witness an upsurge in revenue from end use segments.

More Valuable Insights on Market

FMI, in its new report, offers an unbiased analysis of the global electrical steel market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in electrical steel market with detailed segmentation:

By Product Type:

• Grain-Oriented Electrical Steel
• Non-Grain Oriented Electrical Steel

By Application:

• Inductors
• Motors
• Transformers

By End Use:

• Automobile
• Manufacturing
• Energy
• Household Appliance
• Others (Construction, Fabrication)

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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Key Questions Covered in the Electrical Steel Market Report 

• The market survey also highlights projected sales growth for electrical steel market between 2021 and 2031
• The report offers insight into electrical steel demand outlook for forecast period 2021-2031
• Electrical steel market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
• Electrical steel market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

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This Strontium Nitrate market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.

This study is one of the most comprehensive documentation that captures all the facets of the evolving Strontium Nitrate market.

Strontium Nitrate Market Introduction

Strontium nitrate is a colorless, solid and inorganic acid salt of strontium element. Strontium nitrate is extensively used in the pyrotechnics for the production of rich red flame or as a red colorant in road flares and fireworks for its advantageous oxidizing properties. Besides being applicable in pyrotechnics, strontium nitrate can also be used as skin irritation reducing agent when mixed with glycolic acid.

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In the chemical industry, strontium nitrate is used for the production of high purity and ultra-high purity compounds, catalysts and nanoscale materials. For instance, strontium nitrate can be used for the preparation of strontium ferrite and calcium substituted strontium hexaferrite nanoparticles by a method called chemical co-precipitation method.

Strontium Nitrate Market Dynamics

Strontium Nitrate Market Drivers

At present, flashes, smoke flames, and other fireworks and pyrotechnics have become one of the important part of recreation and entertainment shows related to sports events, award shows, media events and festivals among others for the addition of extravaganza grandeur to the show.

This has resulted in a significant upsurge in the demand for fireworks and pyrotechnic chemicals across the geographies. It is expected that the increasing demand for pyrotechnic chemicals will create a demand for strontium nitrate which is used as an oxidizer as well as a colorant in the pyrotechnic products.

Therefore, the increasing consumption of strontium nitrate in pyrotechnics will drive the growth of global strontium nitrate market. Furthermore, the growing applications of distress flare as an essential piece of safety kit in marine, and defence among other end-uses is expected to increase the sales of strontium nitrate at a lucrative rate and hence, lead the growth of the global strontium nitrate market.

Strontium Nitrate Market Restraints

Strontium nitrate is categorized as a hazardous substance. Strontium nitrate is a non-combustible chemical but it is a strong oxidizer. Hence, it can strongly enhance the combustion of other substances.

Therefore, the possibilities of explosion and fire hazards from the mishandling of strontium nitrate can be a potential restraint acting against the growth of the global strontium nitrate market. However, such hazards can be efficiently avoided by handling such chemicals with proper care and guidance.

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Strontium Nitrate Market Segmentation

The global Strontium Nitrate market can be segmented on the basis of grade, applications, and end-use industries. On the basis of region, the strontium nitrate market is segmented into seven prominent regions of the world that include North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.

On the basis of grade, the global Strontium Nitrate market can be segmented as:

• High Purity (<99%)
• Ultra-High Purity (≥99%)

On the basis of applications, the global Strontium Nitrate market can be segmented as:

• Oxidizer
• Pigment
• Chemical Precursor

On the basis of end-uses, the global Strontium Nitrate market can be segmented as:

• Fireworks
• Pyrotechnics
• Chemical Industry
• Nanotechnology
• Pharmaceutical

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Strontium Nitrate Market Regional Outlook

Owing to the significant presence of natural strontium reserves, countries such as China, Spain and Mexico are among the top producers of strontium nitrate. In terms of consumption, East Asia is expected to be a prominent consuming region of the global strontium nitrate market owing to the prominence of explosives and pyrotechnics industry in China.

Other regions such as North America and Europe are expected to consume significant shares of the global strontium nitrate market volume from the defence applications.

The strontium nitrate research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Report also contains projections using a suitable set of assumptions and methodologies. The strontium nitrate research report provides analysis and information according to market segments such as geographies, application, and industry.

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The global solar component cleaning chemicals market is expected to reach a valuation of US$ 600 Mn by 2022. With sales increasing at a 11% – 13% CAGR, the solar component cleaning chemicals market is poised to reach nearly US$ 2 Bn by the end of 2032.

Soiling of solar panels due to the deposition of dirt, dust, and soot particles during humid and rainy climates hampers the overall solar yield. Thus, cleaning of solar components is necessary in power generation companies, which, in turn, will drive the market.

Increasing investments and the introduction of go green initiatives by governments in various countries are anticipated to augment the use of renewable energy systems such as solar photovoltaic (PVs) cells. This is expected to boost sales of solar component cleaning chemicals.

Besides this, rising establishment of smart city projects is encouraging the development of sustainable energy infrastructure and solutions. Growing demand for renewable energy in these projects will create remunerative opportunities for the solar component cleaning chemicals market.

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Which Factors are Propelling Sales in the Solar Component Cleaning Chemicals Market?

Stringent government regulations regarding conservation of water bodies will decrease the use of water-based cleaning techniques. This will spur demand for eco-friendly chemicals, thereby fueling the growth in the market.

With growing need for power generation and depletion of fossil-fuel reserves, the dependency on green energy solutions is increasing. Therefore, increasing preference for renewable energy will boost the adoption of solar panels, which will continue pushing sales of solar component cleaning chemicals.

Additionally, applications of solar PVs are increasing in residential and commercial sectors to reduce any environmental impact. This pushes the need for effective and quick cleaning techniques, resulting in high demand for solar component cleaning chemicals.

Besides this, ongoing research and development activities is boosting the integration of cloud-based platform in the autonomous cleaning services. For instance, Airtouch Solar has developed autonomous, water-free robotic PV panel cleaning solutions to optimize the solar panel performance in utility-scale installations.

In April 2021, the company signed a contract to supply its new technology to three Renew Power’s new plants in Rajasthan. This contract commissioned at the start of 2022. Hence, ongoing advancements in the field of cleaning services is likely to stir up the sales of solar component cleaning chemicals.

Which Challenges are Encountered in the Global Solar Component Cleaning Chemicals Market?

Lack of awareness about the availability and efficiency of solar component cleaning chemicals will limit their application in the forthcoming years.

Additionally, high installation and maintenance costs of solar PVs is projected to reduce its application, which, in turn, will restrain the growth in solar component cleaning chemicals market.

Furthermore, government regulations restraining the use of solar component cleaning chemicals containing water and volatile organic compounds (VOCs) might hamper the growth in the market.

How will Sales of Solar Component Cleaning Chemicals Fare in Asia Pacific?

Growing demand for power generation facilities in developing economies such as China, India, and Japan is propelling the installation of solar PVs. This is anticipated to increase the application of solar component cleaning chemicals in Asia Pacific.

According to the Ministry of New and Renewable Energy (MNRE), until November 2022 India will reach an installation capacity of around 104GW. Solar energy is estimated to account for 45% of the total renewable energy share. Such initiatives are expected to fuel the demand for solar component cleaning chemicals.

Will North America Emerge as an Opportunistic Market for Solar Component Cleaning Chemicals?

As per the study, North America is projected to hold a lion’s share in the market owing to ongoing research and development activities in the field of renewable energy solution in the U.S.

Growing concerns related to carbon emission is increasing the installation of PVs units across various sectors, which will continue spurring demand for solar component cleaning chemicals in the region.

According to the U.S. Department of Energy, if concentrating solar-thermal power (CSP) cost reduction targets are met, there are probabilities that the U.S. could receive up to 158 GW of power by 2050. Rising installation of solar PVs in the residential sector is expected to place North America as an attractive market.

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Market Competition

Key players profiled in the global solar component cleaning chemicals market include Alconox, Inc., Hubbard-Hall, Inc., Saint-Gobain, SAR Incorporation, American Polywater Corporation, Chemtex Specialty Limited, International Products Corp., and Evolve Energy Group, among others.

Leading manufacturers are improving their product lines by introducing nonhazardous products to reduce the impact on the environment, as well as to expand their consumer base.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Carbon Tetrabromide is a crystalline solid and a bromide of carbon. Carbon Tetrabromide is also known as Tetrabromomethane and both of these names are used under IUPAC nomenclature. Carbon Tetrabromide usually occurs as a colorless solid, however, it sometimes acquires a yellowish-brown tinge.

Carbon Tetrabromide is a highly dense compound, with a density 3.42 times that of water. Carbon Tetrabromide is insoluble in water. However, Carbon Tetrabromide is soluble in other solvents such as chloroform, ethanol and ethyl ether.

Carbon Tetrabromide has a molecular weight of 331.627 g/mol and its molecular formula is CBr4.  Carbon Tetrabromide is toxic to the human body if ingested and causes irritation & corrosion if it comes in contact with the skin. Oral ingestion of Carbon Tetrabromide can cause dizziness and other symptoms typically associated with narcotic substances.

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Carbon Tetrabromide is a non-combustible substance in itself. On heating, Carbon Tetrabromide decomposes and emits corrosive and toxic fumes. Carbon Tetrabromide is highly reactive to alkali metals and can create potential explosive hazards.

Carbon Tetrabromide is produced from the bromination reaction of methane, in the presence of Bromine or hydrogen bromide. The formation of Carbon Tetrabromide is an endothermic reaction and requires a temperature of 100 °C. The relatively simple production process for carbon tetrabromide is one of the key reasons for its widespread use for various applications in industries.

Considering these aspects of the Carbon Tetrabromide, the study of the trends and forecasts of the Carbon Tetrabromide market becomes an important read.

Carbon Tetrabromide Market: Dynamics

Carbon Tetrabromide is used for a variety of applications in different industries. Carbon Tetrabromide is used as a chemical reagent in Appel reaction, for the conversion of alcohols into alkyl bromides. Carbon tetrabromide is also used in the preliminary stages of Corey-Fuchs reaction, along with triphenylphosphine, for the conversion of aldehyde compounds into terminal alkynes.

Carbon tetrabromide is also used in the production of photochemical compounds. Moreover, Carbon Tetrabromide finds application as an acceptor of electrons in organic synthesis reactions. In industrial applications, Carbon Tetrabromide is used as a solvent for greases, waxes and other industrial oils.

Owing to the non-flammable and non-combustible nature of carbon tetrabromide, it is used as an ingredient in the production of fire resistant chemicals. Carbon tetrabromide is used as a vulcanizing agent in the rubber industry and a blowing agent in the plastics industry.

Carbon tetrabromide also finds use a chemical intermediate in the production of agrochemicals. Thus demand from applications in the chemical, industrial and agrochemicals sector is projected to drive the market for carbon tetrabromide in the near future.

Carbon Tetrabromide Market: Regional Outlook

The Carbon Tetrabromide market is projected to witness steady growth in the next few years in view of demand from key end users such as rubber & plastics, chemicals and agrochemicals. Asia Pacific is expected to be a significant market for Carbon Tetrabromide consumption, with increasing demand for various products that use Carbon Tetrabromide as a reagent, additive or solvent.

The large chemicals, rubber and plastics manufacturing industry in Asia Pacific is projected to stimulate demand for Carbon Tetrabromide in the region. North America and Europe are also key regional markets for Carbon Tetrabromide, with a well-developed chemicals, plastics and agrochemicals industry. China, Germany, U.S., Japan and India are some of the key country level markets for Carbon Tetrabromide.

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Carbon Tetrabromide Market: Market Participants

Examples of some of the market participants identified in the Carbon Tetrabromide market include,

• ACROS Organics (Fisher Scientific)
• Tokyo Chemical Industry Co., Ltd.
• Sigma-Aldrich Corporation
• ChemTik
• Toronto Research Chemicals
• American Elements
• Alfa Aesar
• Angene Chemical
• Kinbester Co., Ltd.
• Hangzhou Dayangchem Co. Ltd.

The research report on presents a comprehensive assessment of the Carbon Tetrabromide 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 assumptions and methodologies.

The research report provides analysis and information according to Carbon Tetrabromide market segments such as geographies, application and industry.

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