Global Industry News

How Is Rapid Urbanization Augmenting Water Pump Demand?

The United Nations (UN) forecasts that approximately 68% of the global population will reside in urban areas by 2050. According to the Population Division of the UN Department of Economic and Social Affairs (UNDESA), the urban population stood at 4.2 billion in 2018, and it...
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Why Do Petrochemical Companies Require Methanol?

A large volume of methanol is used in the production of formaldehyde, solvent, acetic acid, meth tert-butyl ether/Tert-amyl methyl ether (MTBE/TAME), methanol-to-olefins/methanol-to-propylene (MTO/MTP), dimethyl terephthalate (DMT), methyl methacrylate (MMA), and dimethyl ether...
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How Is Infrastructure Development Propelling Waterproofing Chemical Demand?

Waterproofing chemicals are usually used to protect buildings from water seepages because seepages can reduce the lifespan of a structure and can cause health, metal, and electrical hazards to the building’s owner. These chemicals enhance the durability of infrastructure and...
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Soaring Need for Household Products Driving Paraxylene Sales

With the burgeoning requirement for personalized apparel and domestic & household products, the demand for paraxylene is rising sharply. This is because paraxylene, which is a fragrant hydrocarbon, is used extensively as a raw material in the production of purified terephthalic...
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Why are Sales of Wind Turbine Composite Materials Soaring Globally?

With the escalating pollution levels, the governments of many countries are focusing on encouraging the use of renewable energy sources for power generation. Moreover, the rapid depletion of natural resources such as fossil fuels, owing to their exploitation, is further boosting...
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Why Are End-Use Industries Using High Temperature Elastomers?

 The Society of Industrial Automobile Manufacturers (SIAM) reveals that a total of 22,652,108 vehicles will be produced in India in the financial year 2020–2021. Furthermore, the International Organization of Motor Vehicle Manufacturers (OICA) states that China, Indonesia,...
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Booming Sales of Packaged Consumer Goods Driving Demand for Digital Inks

Digital inks are extensively used in the packaging industry in various regions such as Asia-Pacific (APAC), South America, the Middle East and Africa (MEA), and North America. Thus, the burgeoning requirement for packaged consumer goods, on account of the surging disposable...
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How Does Titanium Dioxide Improve Quality of Paints and Coatings?

Titanium dioxide is an opaque, white, naturally occurring mineral that exists in crystalline form. This mineral is primarily used for paper filling or coating systems for increasing opacity. The small particle size, high light reflectivity, and low light absorption property...
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Why is Worldwide Demand for Cinnamaldehyde Surging?

Cinnamaldehyde is basically an organic compound, which provides the smell and taste of cinnamon spice. It is an essential oil, which is commonly found in the bark of cinnamon trees. These trees contain nearly 98% of the chemical. Cinnamaldehyde is majorly used as an odor and...
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Why Is Practice of Mulching with Biodegradable Films Growing?

The earth is presently home to 7.7 billion people, whose number is expected to boom to almost 11 billion in 2100, as per the United Nations (UN)’ World Population Prospects 2019 report. This has been putting the global farming community under immense pressure to increase their...
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Polymer Concrete Becoming Popular among Infrastructure Firms

In 2018, the Construction Industry Value Chain report of the International Finance Corporation, which works under the World Bank, had said that more than 75% of the infrastructure needed in 2050 hasn’t even been constructed yet. This reflects a massive growth in the global construction...
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Increasing Construction Activities Driving Demand for Industrial Brakes

With the surge in manufacturing and construction activities, especially in developing countries such as India and China, on account of the rising urbanization rate and soaring disposable income of people, the demand for industrial brakes is shooting up. In recent times, many...
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Consumer Electronics Sales Propelling OLED Material Consumption

The technology of TV displays has evolved significantly from the cathode ray tubes of the mid-20th century to the liquid crystal displays (LCDs) and light-emitting diodes (LEDs) of the first decade of the 21st century. With efforts on to make the displays even better, organic...
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Surging Automobile Sales Fueling Demand for Automotive Refinish Coatings

With the increasing income of people and surging gross domestic product (GDP) of countries, the sales of automobiles are rising. This is, in turn, pushing up the requirement for automotive refinish coatings, especially in developing countries such as China and India. For example,...
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Why are Sales of Specialty Chemicals Shooting Up in Middle East & Africa?

With the growing requirement for food products, on account of the mushrooming population, farmers are increasingly employing the use of modern agricultural practices such as the use of insecticides, fungicides, pesticides, and fertilizers in order to augment the crop productivity....
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Flourishing Poultry Sector To Propel Methionine Consumption In Future

Methionine, one of the nine essential amino acids, serves as a precursor to every sulfur-containing amino acid and their derivates. It is constantly regenerated from homocysteine through one-carbon metabolism. This amino acid is extensively found in chicken breast, eggs, salmon,...
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Soaring Automobile Sales Fueling Demand for Paints and Coatings in Asia-Pacific

With the mushrooming usage of paints and coatings in automobiles for aesthetic and protection purposes, their demand is skyrocketing in the Asia-Pacific (APAC) region. Moreover, paints and coatings are also being extensively used by automakers for improving the durability and...
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Flocculants and Coagulants Eliminating Solids from Water in Wastewater Treatment Plants

Flocculants and coagulants refer to the chemicals that are used to separate solids from water during the water treatment process. Flocculants accelerate the clumping of particles, which amplifies the water treatment process, whereas coagulants neutralize the electrical charges...
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How Is Contract Farming Driving Agricultural Micronutrient Demand?

The United Nations Department of Economic and Social Affairs (UNDESA) forecasts that the global population will reach around 9.7 billion by 2050, and it could further surge to approximately 11 billion by 2100. The population boom will create an excessive demand for food crops...
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Why Are Consumer Electronic Manufacturers Using Electroceramics?

Electroceramics refer to a type of ceramic-based materials that exhibit favorable electrical properties. Such materials impart high chemical, mechanical, and thermal stability to products upon integration. Furthermore, these materials also have distinct magnetic and optical...
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Increasing Electronics Usage Propelling Polytetrafluoroethylene Sales Worldwide

Polytetrafluoroethylene (PTFE), commonly known as Teflon, is a fluoropolymer used in the production of electronic products such as barb insulators, cable ties, connectors, battery binders, circuit breakers, brush holders, and semiconductor devices. The increasing use of the...
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What are Factors Pushing up Sales of Organic Pesticides in North America?

The rising public awareness about the various harmful effects of chemical pesticides on human and plant health is pushing up the requirement for organic pesticides all over the world. These pesticides are basically completely natural/plant-derived agents and are thus, non-toxic...
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Mushrooming Electric Vehicle Adoption Fueling Structural Adhesive Demand

With the expansion of the construction industry, on account of the increasing infrastructural activities in several countries, the demand for structural adhesives is growing rapidly across the world. For instance, in India, the launch of several government initiatives such as...
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How is Expanding Food Processing Industry Driving Demand for Boilers?

The food processing industry has been registering significant growth over the past few years, majorly in emerging economies, which can be owing to the rising disposable income of people, changing lifestyle, and busier schedule. As the demand for ready-to-eat food products is...
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What are Factors Propelling Demand for Oleic Acid in Asia-Pacific?

Oleic acid is usually found in animals and plants. It is a monounsaturated omega-9 fatty acid. The major animal sources for the compound are eggs and meat, while soybean, macadamia oil, sunflower oil, and palm are the main plant sources from which the compound is extracted....
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Soaring Healthcare Expenditure Fueling Sales of Medical Adhesives

The rapid economic progress of several countries such as India, Brazil, and China is causing a sharp surge in the demand for medical adhesives. As per many reports, the gross domestic product (GDP) of India, China, and Brazil were ranked 5th, 2nd, and 8th, respectively across...
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Levulinic Acid Demand Expected to Shoot Up in Asia-Pacific in Coming Years

The burgeoning requirement for the derivatives of levulinic acid such as ethyl levulinate, hydroxymethylfurfural (HMF), sodium levulinate, diphenolic acid, methyltetrahydrofuran (MTHF), and succinic acid, on account of their ability to serve as additives in personal care products,...
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Agriculture Sector Key Consumer of Specialty Chemicals

Any non-food powder or liquid (excluding certain ingredients) can be vaguely termed a ‘chemical’, which gives an idea of how vast the concept and the number of substances classified as chemicals are. So, wherever there is industry, some or the other chemical would be in use....
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Growing Demand for Ready-To-Eat Foods Driving Global Sorbic Acid Market Expansion

The global sorbic acid market generated a revenue of $347,661.0 thousand in 2019, and it is predicted to advance at a CAGR of 4.7% between 2020 and 2030. The market is also expected to reach a value of $521,126.7 thousand by 2030. This will be due to the surging per capita food...
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How Is Automotive Sector Driving Polymer Market Growth?

The polymer market is expected to progress at a 5.1% CAGR during the forecast period (2020–2030) owing to the increasing substitution of conventional materials in the automotive industry with lighter alternatives and escalating use of smart polymers in the healthcare sector....
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