Tag Archives: chemical and material

Hot mix technology held the largest share of the ****** asphalt additives market

The hot mix technology segment of the asphalt additives market is expected to hold the largest share of the market. Hot mix asphalt is durable, resistant to moisture damage and thermal cracking. It also provides excellent workability and skid resistance. This segment is growing due to developments in the construction of high traffic roads like such as highways, race tracks, and airfields.

Building & Construction: Largest application of the epoxy adhesives market

The building and construction application accounted for the largest market share in terms of volume, followed by the automotive application, which is majorly due to the higher acceptance and usage from the end-users. The building and construction industry has started using epoxy adhesives, with the increasing usage of composites, plastics, and other higher strength metals. The growing urbanization due to the improved living standards of the population thus drives the ****** epoxy adhesives market.

Furfural Market worth $700 million by 2024 | Trends , Forecast & Opportunities

Furfural is an organic intermediate obtained using renewable sources. It finds use in various applications such as derivatives and solvents as it is a green chemical and has no adverse effect on the environment during its consumption and production.

The furfural market size is projected to grow from USD 551 million in 2019 to USD 700 million by 2024, at a compound annual growth rate (CAGR) of 4.9%, during the forecast period.

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Furfural Market by Raw Material (Sugarcane Bagasse, Corncob, Rice Husk and Others), Application (Derivatives (Furfural Alcohol and Other Derivatives), solvent) and Region (Asia-Pacific, Americas, Europe, Middle East, and Africa)

Microporous Insulation Market Competitive Landscape Analysis And Forecast To 2023

The microporous insulation market size is projected to grow from USD 132 million in 2018 to USD 165 million by 2023, at a compound annual growth rate (CAGR) of 4.7%, during the forecast period. The major driving factors in the microporous insulation market are high thermal resistance of microporous insulation material and increasing demand from various applications, such as industrial, oil & gas, energy & power, and automotive.

Arkema SA (France), The DOW Chemical Company (U.S), Galata Chemicals (U.S), CHS Inc., and Inbra Indústrias Químicas, Ltda.(Brazil) are Among the Most Active Players in the ****** Epoxidized Soybean Oil Market

The ****** market for epoxidized soybean oil is projected to reach USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026. The growing demand for epoxidized soybean oil from major application industries such as PVC & PVA plasticizers, UV cure applications, and other industrial applications in emerging economies are driving.

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Key Driving Factors Of The Self-Cleaning Filters Market By 2022

The self-cleaning filters market is estimated to be USD 5.03 billion in 2017 and is projected to reach USD 7.18 billion by 2022, at a CAGR of 7.4% from 2017 to 2022. The demand for self-cleaning filters is growing significantly, as the use of self-cleaning filters minimizes product loss, increases the quality of output, and reduces contamination across various end-use industries.

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Research & development activities are being carried out across the globe to make further additions and advancements to the features of self-cleaning filters. For instance, research & development activities are conducted for the production of advanced technologies that can address specific worldwide environmental challenges. The growing demand for fully automatic filters in developed economies is contributing to the high demand for self-cleaning filters.

Increasing use of iodine in optical polarizing films in LCD in developing countries are driving the growth of the iodine market

Iodine is a trace element found in nature, occurring in earth’s crust as mineral deposits, in underground brines, and in seaweeds. It is a non-metallic element with a blue-black color and lustrous appearance. Iodine is essential for humans and animals for the proper functioning of thyroid glands, brain activities, and reproducibility. Iodine, owing to its high reactivity and occurrence in several oxidation states, gives numerous organic and inorganic compounds. It is used in a plethora of applications in three major forms, namely, organic compounds, inorganic salts & complexes, and elemental & isotopic form. It is used in many applications across the industrial sector. It is used in table salts for human consumption, and as an additive in animal feed, pharmaceutical, and healthcare applications. It is also used in polarizing films along with PVA in LCD components. It is used in iodophors, nylon manufacturing, as a catalyst in polymer synthesis, as a biocide in the manufacturing of fluorinated compounds, and in agricultural intermediates and heat stabilizers. The market is witnessing growth due to its increasing use in optical polarizing films in LCD applications. Growing deficiency of iodine in developing countries and the use of iodine in applications such as X-ray contrast media, fluorinated derivatives, and photography are some of the factors driving the market for iodine. The ****** iodine market is estimated at USD 832.1 million in 2017 and is projected to reach USD 1,041.0 million by 2022, at a CAGR of 4.58% between 2017 and 2022.

AGC Inc. (Japan) and Daikin Industries, Ltd. (Japan) are the Key Players in the High Performance Fluoropolymer (HPF) Market

The ****** high performance fluoropolymers (HPF) market size is estimated to be USD 3.3 billion in 2019 and is projected to reach USD 4.6 billion by 2024, at a CAGR of 6.9%, between 2019 and 2024. HPF is used mainly in industrial processing, transportation, electrical & electronics, and medical, among others. It is used for manufacturing various products such as coatings, films, membranes, tubes, wire & cable, seals, gaskets, liner, mechanical parts, and many others in these industries. High chemical & temperature resistance, excellent dielectric properties, and lightweight are some of the characteristics owing to which the demand for high performance fluoropolymers is high in the industrial processing segment.

New Product Launches are Some of the Major Strategies Adopted by Leading Players Operating in the Hydrogel Market

Hydrogel is defined as a network of water-insoluble polymer chains that are utilized in the form of a gel in the healthcare and agriculture industries. It contains highly absorbent natural or synthetic polymers, and it has a hydrophilic structure. The hydrogel market is estimated to be USD 11.43 Billion in 2017 and is projected to reach USD 15.33 Billion by 2022, at a CAGR of 6.04% from 2017 to 2022. The rising demand for hydrogels in wound care application and increasing popularity of hydrogel contact lens are factors anticipated to drive the growth of the hydrogel market.