The fumaric acid market was valued at 255-kilo metric ton in 2021, and it is estimated to register a CAGR of 3.88% during the forecast period(2022-2027). Key Highlights A major factor driving the market studied is growing application in the food and beverage industry. Health hazard related to fumaric acid...
The industrial cleaning chemicals market is projected to reach USD 61.6 billion by 2026, at a CAGR of 5.1% from USD 48.1 billion in 2021. The overall growth of the industrial cleaning chemicals market is closely connected to the growth of end-use segments, such as manufacturing & commercial offices, healthcare, retail & food service, automobile...
The 1-Decene market is estimated to grow from USD 576 million in 2020 to USD 798 million by 2025, at a CAGR of 6.7%. The 1-Decene market is driven mainly by increasing demand for PAO-based synthetic lubriacnts. However, growth of group III base oil and volatalile raw material prices are expected to restrain market growth. The automobile...
The 1-decanol market size is estimated to grow from USD 198 million in 2020 to USD 264 million by 2025, at a CAGR of 5.9%. Market penetration of natural 1-decanol has risen in surfactant-based industries, such as personal care & cosmetics and soaps & detergents. Due to the COVID-19 outbreak, there is increased awareness regarding the use of...
The solvents market is projected to grow from USD 21.8 billion in 2020 to USD 30.0 billion by 2025, at a CAGR of 6.6% during the forecast period. Growth in the personal care, home care and pharmaceuticals sectors is expected to drive the demand for solvents during the forecast period. While stringent regulatory environment regarding the use...
The global metal cleaning chemical market size is projected to reach USD 16.5 billion by 2025 from USD 12.9 billion in 2020, at a CAGR of 5.0%. The growth is anticipated primarily due to development in Asia Pacific post COVID-19 recovery, coupled with the rise in the Industrial sector. The factors restraining the growth of this market are...
The chemical industry is the third largest in China, after textiles and machinery, and accounts for 10% of the country’s GDP, as well as for between 35% and 40% of the global demand growth for chemicals. China’s chemical industry is the second largest consumer, after the US, of basic chemical products - fully 45% of the total for Asia. However,...
About Propylene Propylene is produced through traditional processes like steam cracking and fluid catalytic cracking (FCC). It is obtained as a byproduct of the steam cracking process of natural gas liquids and naphtha that is used for the production ethylene and from gasoline-producing refinery through the FCC process. Propylene and...
“The high-growth application areas such as packaging, construction and automotive are driving the consumption of petrochemicals market “ The top 15 petrochemicals report is divided into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market was estimated at 2, 50,328.0...
Executive Summary A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Fatty Alcohol Market, By Type (Short Chain, Pure & Midcut, Long Chain, Higher Chain), By Application...