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Showing posts with the label Bulk Chemicals

Synthetic Fuel Is Estimated To Witness High Growth Owing To Opportunity Of Increasing Concern Over Environmental Pollution

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  Synthetic Fuel Market Synthetic fuel refers to liquid fuels that are synthesized from other products such as coal, natural gas and biomass. These fuels are designed to be alternatives to petroleum-based transportation fuels and help reduce dependence on petroleum. Synthetic fuels emit lesser greenhouse gases and other pollutants as compared to conventional fossil fuels. There has been increasing concern over environmental pollution and greenhouse gas emissions from conventional fuels globally. This has resulted in the need for more sustainable fuel options to achieve greener modes of transportation. The global Synthetic Fuel Market is estimated to be valued at Us$ 6.46 Mn in 2024 and is expected to exhibit a CAGR Of 5.1% over the forecast period 2024 To 2031 , as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The increasing concern over environmental pollution from conventional fossil fuels represents a major market opportunity for syn...

Waterborne Epoxy Resins Is Estimated To Witness High Growth Owing To Its Wide Applications In Automotive And Building & Construction Sectors

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  Waterborne Epoxy Resins Market Waterborne epoxy resins are water-based low-viscosity epoxy resins that are used for various applications such as coatings, adhesives, and composites. They offer various advantages over solvent-borne resins such as low volatile organic compound (VOC) emissions, fast curing, and excellent mechanical and chemical resistance properties. Waterborne epoxy resins find major applications in automotive, building & construction, marine, and other industrial sectors. The global Waterborne Epoxy Resins Market is estimated to be valued at Us$ 3938.73 Bn in 2024 and is expected to exhibit a CAGR Of 11% over the forecast period 2024 To 2031 , as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The wide applications of waterborne epoxy resins in the automotive and building & construction sectors is estimated to present a lucrative growth opportunity for the market. In the automotive sector, waterborne epoxy resin...

The Global Methylene Chloride Market Growth Accelerated By Rise In Demand From Paints And Coatings Industry

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Methylene Chloride Market  The methylene chloride or dichloromethane is a volatile organic compound widely used as a solvent in paint strippers, adhesives, and aerosol sprays. It provides excellent dissolving power for greases, oils, waxes, and resins while allowing quick drying times. The global  Methylene Chloride Market  is estimated to be valued at  US$ 1.44 Bn  in 2024 and is expected to exhibit a  CAGR Of 10%  over the forecast period  2024-2031 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for methylene chloride from paints and coatings industry has been rising significantly over the past few years. Methylene chloride finds extensive application in paint strippers and thinners owing to its excellent grease and wax dissolving properties. It helps quick and effective removal of old paints and allows for fast repainting. The growth of construction and automotive industries globally has au...

The Benzene Toluene Xylene (BTX) Market Is Estimated To Witness High Growth Owing To Opportunity For Infrastructure Projects

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  Benzene   Toluene Xylene Market   The benzene, toluene, and xylene (BTX) are aromatic hydrocarbons that are mainly used as important intermediates for various chemicals and performance materials. BTX finds wide applications in oil refineries, petrochemical and chemical processing industries. Benzene is used to produce cumene, ethylbenzene, and cyclohexane. Toluene is used to produce benzene, solvents, explosives, and chemicals for dyes and drugs. Xylenes are used to produce phthalic anhydride and terephthalic acid used in polyester production. The global Benzene Toluene Xylene Market is estimated to be valued at Us$ 6.99 Bn in 2023 and is expected to exhibit a CAGR Of 35% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The rising infrastructure projects across developing nations provides a major market opportunity for the Benzene Toluene Xylene Market. These infrastructure projects req...

The Global Petrochemicals Market Growth Accelerated By Increased Demand From Plastic And Rubber Industries

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Petrochemicals Market Petrochemicals include organic chemicals produced from fossil fuels including oil, coal and natural gas. They find application in construction industry, packaging sector, automotive industry, chemical industry among others. Petrochemicals are essential raw materials for plastic and rubber production. Rapidly growing demand for plastic and rubber from consumer goods, automotive and construction industries is expected to boost the consumption of petrochemicals. The global Petrochemicals Market is estimated to be valued at Us$ 565.55 Bn in 2024 and is expected to exhibit a CAGR Of 6.3% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the petrochemicals market is increased plastic demand. Plastics find application across various industries owing to their desirable properties such as durability, lightweight and resistance to corrosion. Rapi...

The Global Potassium Peroxymonosulfate Market Growth Accelerated By Expanded Application In Water Treatment

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Potassium Peroxymonosulfate Market Potassium peroxymonosulfate, commonly known as OXONE or Potassium monopersulfate (PMPS), is an inorganic compound used as a strong oxidizing agent in various applications including electronics, pharmaceuticals, water treatment, and textiles. It effectively controls microorganisms in water systems by removing bacteria, viruses, and other pathogens. The global Potassium Peroxymonosulfate Market is estimated to be valued at Us$ 624.96 Mn In 2023 and is expected to exhibit a CAGR Of 5.3% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The strict regulations imposed by governments across the world to improve the quality of water supplied for consumption is a key factor promoting the use of peroxymonosulfate in water treatment facilities. Potassium peroxymonosulfate provides effective disinfection without producing undesirable disinfection byproducts. It can inactivate p...

Polymer Emulsion Market Growth Is Accelerated By Rising Demand For Eco-Friendly Products

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Polymer Emulsion Market Polymer emulsions are used widely in various industrial applications for its water resistant and binding properties. It is used in paper coatings, carpet backing, non-woven fabric, adhesives, ceiling tiles, dry-mix mortars and others. These emulsions are eco-friendly and provide an excellent alternative to hazardous solvent-based products. The growing popularity of eco-friendly products due to stringent environmental regulations and awareness is driving demand for polymer emulsions globally. The global Polymer Emulsion Market is estimated to be valued at Us$ 33.18 Bn in 2023 and is expected to exhibit a CAGR Of 15.% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for polymer emulsions is expected to grow significantly during the forecast period, primarily driven by rising demand for eco-friendly products. Stringent regulations across developed economies pertaining...

The Global Molybdenum Market Growth Accelerated By Increasing Use In Steel Production

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Molybdenum Market Molybdenum is an important alloying metal that improves the quality of steel. It imparts excellent corrosion and high-temperature resistance properties to steel used in oil and gas pipelines, power plants, desalination plants, petrochemical facilities and in aircraft and strategic industries. Molybdenum based alloys can withstand high temperatures like those experienced by jet engine parts and components used in nuclear power plants. The global Molybdenum Market is estimated to be valued at Us$ 316 Bn in 2023 and is expected to exhibit a CAGR Of 9.2% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for molybdenum from the steel industry has accelerated the growth of the molybdenum market. Steel production has witnessed strong growth over the past few years driven by increasing demand from the construction sector, particularly in developing countries. Molybdenum ...