According to the recent report by IMARC Group, titled “Naphtha Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global naphtha market size reached around US$ 151.7 Billion in 2019. Naphtha is a volatile, colorless and highly flammable liquid compound that is stored in closed bottles in a cool and well-ventilated area. It is obtained through the dry distillation of organic substances such as shale, coal tar, and crude oil. It represents the second lightest product among all the refinery yields and is generally obtained in the first distillation process after liquified petroleum gas (LPG). Depending on its source or composition, naphtha is known by several names like white gas, petroleum spirits, shellite, and ligroin. There are two types of naphtha depending on their structure and refinery process ­¾ light and heavy naphtha. They are utilized in the manufacturing of gasoline, petrochemical steam crackers, paints, cleaning fluids, and fuel for portable stoves.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request for a sample copy of this report: https://www.imarcgroup.com/naphtha-market/requestsample

Global Naphtha Market Trends:
In the petrochemical industry, naphtha is widely used to dilute heavy oils, clean metal from pipelines and manufacture high-octane gas. Along with this, it is also utilized in the production of olefins and aromatics like ethylene, propylene, benzene, and toluene. As there is a high demand for cost-effective olefin-rich fuels due to the growing population and rapid urbanization, it is driving the consumption of naphtha across the globe. Furthermore, technological developments have led to the production of advanced furnace materials and technologies like catalytic cracking and hydro-pyrolysis of naphtha. These energy-efficient processes have increased the usage of naphtha as a feedstock in various sectors. On account of these factors, the market is expected to experience moderate growth during the forecast period (2020-2025).

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/naphtha-market

Market Summary:

• On the basis of the application, the market has been categorized into petrochemical feedstock, gasoline blending, and others. Among these, petrochemical feedstock is the biggest application segment, accounting for the majority of the market share.
• Region-wise, the market has been classified into Latin America, Asia Pacific, Europe, North America, and Middle East and Africa. Currently, Asia Pacific represents the leading segment, holding the biggest market share.
• The competitive landscape of the market has been analyzed in the report, with some of the key players being Chevron Corporation, ExxonMobil Corporation, Indian Oil Corporation Limited, BP PLC, Lotte Chemical Corporation, Mangalore Refinery and Petrochemicals Limited, Mitsubishi Chemical Corporation, Sinopec, Total S.A., OAO Novatek, Reliance Industries Limited, SABIC, Shell Chemicals, and Vitol Netherlands Coöperatief U.A.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
​
Contact Us
30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Unsaturated polyester resins (UPRs) are chemicals that are produced by the condensation of unsaturated acids and diols. These resins are durable, chemical resistant, easy-to-design, cost-effective and are preferred over steel and aluminum. Consequently, they are used in the manufacturing of a wide range of products, such as pipes and composite sanitary ware, and high-end components for the marine, automotive and construction industries.

The increasing construction activities, on account of the growing population and rapid urbanization, represent one of the major factors driving the global UPR market growth. In addition to this, owing to their heat resistant and hydrolytic stability properties, UPRs are employed in the chemical industry for manufacturing tanks and pipes, which are further utilized for storage and transportation purposes. Other than this, it also finds applications in the marine, aerospace, and power and energy industries worldwide. These factors collectively are anticipated to bolster the market growth in the upcoming years.

Request for a sample copy of this report: https://www.imarcgroup.com/unsaturated-polyester-resins-market/requestsample

Insights on Market Segmentation:

Market Breakup by Type:

• Orthophthalic Resin
• Isophthalic Resin
• Dicyclopentadiene (DCPD) Resin
• Others
  
  

Market Breakup by End-Use:

• Building and Construction
• Automotive
• Marine
• Pipes, Ducts and Tanks
• Wind Energy
• Electrical and Electronics
• Others
  
  

View Report TOC, Figures and Tables: https://www.imarcgroup.com/unsaturated-polyester-resins-market

Market Breakup by Form:

• Liquid Form
• Powder Form
  
  

Market Breakup by Region:

• North America
• Asia Pacific
• Europe
• United Kingdom
• Latin America
• Middle East and Africa
  
  

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AOC LLC, Ashland LLC, BASF SE, CCP Composites Ltd, E. I. Du Pont, Allnex Resins Australia Pty Ltd, Polynt Composites USA Inc., Reichhold Inc., Koninklijke DSM N.V., Scott Bader Company Ltd., Upc Technology Corporation, etc.

About Us
​
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

​According to the latest report by IMARC Group titled, “Antibacterial Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market expects to register a CAGR of around 5% during 2020-2025.

​According to the latest report by IMARC Group, titled “Aroma Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global aroma chemicals market exhibited stable growth in 2018. Aroma chemicals are defined as active odor chemicals that can occur naturally or be produced as – synthesized or isolated compounds. These act as an essential raw material in the formulation of unique perfumes and flavors. The flavors produced with aroma chemicals are further used for manufacturing baked goods, candies, and alcoholic and non-alcoholic beverages. These compounds can range from extremely strong to very light and soft notes. Aroma chemicals activate specific receptors in the nose, which, in turn, alerts the brain about the presence of an aroma. When a set of aroma chemicals triggers several receptors, it leads to the detection of a complex aroma. Flavor chemists, or flavorists, use this phenomenon as the basic principle for creating a complex odor in a flavor that uses a limited number of aroma chemicals.

Request for a sample copy of this report: https://www.imarcgroup.com/aroma-chemicals-market/requestsample

Global Aroma Chemicals Market Trends:

A significant rise in the demand for fragrant intensifiers and odorants in the recent years is one of the key factors driving the market growth. Besides this, with intense competition in the industry, key players are currently adopting highly profitable strategies, such as innovative product development, smart pricing and product differentiation, along with extensive R&D activities. They have also been establishing partnerships with other businesses, which is leading to market consolidation while reducing the overall competition in the aroma chemicals industry. Owing to this, new companies are being attracted to invest in the market, thus driving market growth. Moreover, recent studies suggest some of the aromatic chemicals in the formulation of perfumes exhibited either endocrine-disrupting properties or allergic reactions in the users. Due to such results, manufacturers have started utilizing natural aroma chemicals during the composition of perfumes.  Several authoritative bodies across the globe are also implementing strict regulations in favor of green fragrances. For instance, the new rules introduced by the European Union (EU) require producers to indicate if the perfume contains any of the potential fragrance allergens. Along with this, the US Food and Drug Administration (USFDA) recently launched a survey of safety practices and manufacturing standards, which targets the cosmetics industry and aims at preventing the utilization of any potentially harmful chemicals. The emerging trend of aromatherapy and enhanced focus on R&D in the field of biochemical sciences are some of the other factors contributing to the market growth. On account of these factors, the market is projected to grow at a moderate CAGR of around 5% during 2019-2024.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/aroma-chemicals-market

Key Insights from the Report:

Breakup by Type

1. Natural

2. Synthetic

The report has bifurcated the market according to the type, which consists of natural and synthetic chemicals.

Breakup by Product

1. Benzenoids

2. Musk Chemicals

3. Terpenoids

4. Others

The market has been segmented on the basis of the product, which includes benzenoids, musk chemicals, terpenoids and others.

Breakup by Application

1.  Soaps and Detergents

2. Cosmetics and Toiletries

3. Fine Fragrances

4. Others

Based on the application, the market has been categorized as soaps and detergents, cosmetics and toiletries, fine fragrances, and others.

Breakup by Region

1. Asia Pacific

2. Europe

3. North America

4. Middle East and Africa

5. Latin America

On the geographical front, the aroma chemicals market is divided into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.

Competitive Landscape

The report has also examined the competitive landscape of the market with profiles of major players that are currently operating in the industry.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331

​The global aniline market is driven by its extensive utilization across various industry verticals, along with the development of bio-based aniline.

According to the latest report by IMARC Group, titled “Aniline Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global aniline market size reached 7.8 Million Tons in 2018. Aniline is an organic compound belonging to the class of aromatic amines. With the chemical formula C6H5NH2, the compound is prepared by the catalytic hydrogenation of nitrobenzene. It is characterized by a clear to slightly yellow color with an unpleasant odor. Highly toxic in nature, it is a weak organic base that forms salts with mineral acids. It is slightly soluble in water but freely soluble in chemicals, including alcohols and ethers. It is widely utilized across various industry verticals for the production of a wide range of products, such as dyes, drugs, explosives, plastics, and photographic chemicals, rubber chemicals, agricultural chemicals, synthetic dyes, antioxidants, stabilizers for the rubber industry, herbicides, varnishes and explosives.

Request for a sample copy of this report: https://www.imarcgroup.com/aniline-market/requestsample

Global Aniline Market Trends:

Extensive application of aniline across various industries across the globe is one of the key factors driving the market growth. For instance, aniline is utilized to produce polyurethane (PU) rigid foams, which are widely used in the construction industry. Moreover, methylene diphenyl diisocyanate (MDI) is obtained from aniline, which is utilized in the production of various products, such as elastomers, adhesives, sealants, case coating and furnishings, which are used across numerous industries. The thriving pharmaceutical industry is also creating a positive outlook for the market. Enhanced research and development (R&D) and technological advancements have now enabled the extraction of aniline from biomass. Owing to rising environmental consciousness, there is an increasing inclination toward the usage of biomass-based products, which, in turn, is contributing to the market growth. On account of the aforementioned factors, the market is expected to reach a volume of 10.6 Million Tons by 2024, exhibiting a CAGR of 5.2% during 2019-2024.

Explore full report with table of contents: https://www.imarcgroup.com/aniline-market

Market Summary:

• On the basis of the technology, the market has been bifurcated into vapor-phase and liquid-phase processes.
• Based on the application, methylene diphenyl diisocyanate (MDI) represents the leading segment in the market.
• On the basis of the end use, the market has been divided into insulation, rubber products, consumer goods, transportation, packaging and agriculture. Among these, insulation exhibits a clear dominance in the market.
• Region-wise, Asia Pacific holds the leading position in the market. Other major regions include Europe, North America, Middle East and Africa, and Latin America.
• On assessing the import and export scenario of the market, the report finds that the Netherlands and the United Kingdom are the biggest importer and exporter of aniline, respectively.
• The competitive landscape of the market has also been analyzed in the report with some of the key players being BASF SE, Bayer Material Science, BorsodChem MCHZ, E. I. du Pont de Nemours, First Chemical Corporation, Jilin Connell Chemical Industry LLC, Hindustan Organic Chemicals Limited, Huntsman Corporation, Mitsubishi Chemical Corporation, Mitsui Chemicals Inc., Narmada Chematur Petrochemicals Limited, PetroChina Company Limited., Sabic, SP Chemicals Holdings Ltd., Sumitomo Chemical Co., Ltd., Sumika Bayer Urethane Co., Ltd., Dow Chemical Company and Tosoh Corporation.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us
​
IMARC Group
Email: sales@imarcgroup.com
Phone No: (D) +91 120 433 0800 | www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331

​​According to the latest report by IMARC Group titled, “Polypropylene Copolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global polypropylene copolymer market size reached 25.2 Million Tons in 2018, growing at a CAGR of around 4% during 2011-2018. Looking forward, the market is expected to witness moderate growth in the demand for PPCP over the forecast period (2019-2024).

Request for a sample copy of this report: https://www.imarcgroup.com/polypropylne-copolymer-technical-material-market-report/requestsample

Polypropylene copolymer (PPCP) is a type of plastic formed by the polymerization of propylene in the presence of a catalyst and monomer. It is a colorless, translucent to transparent solid with a glossy surface. Some beneficial properties of PPCP include low specific gravity, high stiffness and temperature resistance, good processability and low moisture absorption rate. Owing to these benefits, it finds wide applications across sectors, including construction, textile, packaging, automotive, healthcare, electronics and electrical, among others.

The thriving packaging industry accounts for a high demand for polypropylene copolymer owing to its versatility in thermoforming, injection molding, and blow molding. Additionally, as it is more durable, flexible, and tougher than homopolymer and offers improved impact strength, it is being used as a raw material for rigid packaging. Moreover, PPCP provides better stress crack resistance and low-temperature toughness in several automotive products. Apart from this, the copolymer is also used for various medical applications, including the production of medical and surgical equipment, such as injection molds and medicine bottles. These factors will continue to fuel the growth of the global polypropylene copolymer market in the next few years. 

Explore full report with table of contents: https://www.imarcgroup.com/polypropylne-copolymer-technical-material-market-report

Key Market Segmentation:

Breakup by End Use:

• Rigid Packaging
• Textiles
• Technical Parts
• Films
• Consumer Products
• Others

Breakup by Region:

• Asia Pacific
• North and South America
• Western and Central Europe
• Middle East and Africa
• Others

Competitive Landscape

The report has also examined the competitive landscape of global polypropylene copolymer market. Some of the major players in the market are LyondellBasell, Sinopec Group, Braskem Group, SABIC, and PetroChina Group, etc. 

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure 
• Profiles of Key Players

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

​​The global lithium compound market has witnessed a positive growth over the past several years. This can be attributed to the rising usage of lithium-ion batteries in portable electronic devices coupled with increasing demand for glass and ceramics.

Request for a sample copy of this report: https://www.imarcgroup.com/lithium-compound-market/requestsample

Lithium is a soft, silvery-white alkali metal which occurs in compounds such as petalite and spodumene. It is found in small amounts in nearly all igneous rocks and in the waters of a number of mineral springs. Lithium compounds are used in a wide array of applications ranging from the production of plastics and synthetic rubber to textile dyes. According to a new research report by IMARC Group, titled “Lithium Compound Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global lithium compound market reached a volume of 278,735 Tons in 2018. The report further anticipates the market to reach a volume of 420,658 Tons by 2024, expanding at a CAGR of 7.1% over the forecast period.

Global Lithium Compound Market Drivers/Constraints:

Compounds of lithium are used for making enamels, ceramics, glass and lubricants for high temperature applications. As these products are further used in construction activities, the investments in infrastructure developments, renovation of buildings and new housing projects are projected to fuel the growth of global lithium compound market.

Lithium compounds are utilized in rechargeable batteries, cooling systems for nuclear reactors, armour plating, specialty glasses, bicycle frames, aircrafts, etc. The continuous growth in these segments has boosted the demand for lithium compound worldwide.

The growing usage of lithium-ion batteries in portable electronic devices including cameras, watches, smartphones, electric vehicles and pacemakers is further boosting the growth of the market.

The lithium compounds can harm the kidneys and affect a person’s mental health. This is the major reason hindering the growth of the market. Moreover, the high cost of lithium batteries also acts as a major deterrent.

Browse full report with table of contents: https://www.imarcgroup.com/lithium-compound-market

Insights on Market Segmentation:

Breakup by Type

1. Lithium Carbonate

2. Lithium Hydroxide

3. Lithium Concentrate

4. Lithium Metal

5. Lithium Chloride

6. Butyllithium

7. Other Lithium Compound

On the basis of type, lithium carbonate is the most popular type of lithium compound since there has been a huge demand for lithium carbonate as it is also used in the manufacturing of ceramics and glasses, battery cathodes and solid-state carbon dioxide detectors. It is followed by lithium hydroxide, lithium concentrate, lithium metal, lithium chloride, butyllithium and other lithium compounds.  

Breakup by End-Use

1. Batteries

2. Glass and Glass Ceramics

3. Automotive Parts

4. Greases

5. Metallurgy

6. Polymer

7. Air Treatment

8. Others

Based on end-use, the report finds that batteries represent the largest end-use segment of lithium compounds as lithium batteries can store considerable amount of power. Batteries are followed by glass and glass ceramics, automotive parts, greases, metallurgy, polymer, air treatment and others.

Breakup by Region

1. Asia Pacific

2. North America

3. Europe

4. Middle East and Africa

5. Latin America

On a geographical front, Asia Pacific dominates the lithium compound market, accounting for the majority of the market share. Other major regions include North America, Europe, Middle East and Africa, and Latin America.

Competitive Landscape:

The global lithium compound market is characterised with the presence of a number of both local and international players who compete in terms of prices and quality. Some of the leading players operating in the market are:

SQM
FMC Corporation
Orocobre Limited
Lithium Americas Corp
Neometals Ltd
 
About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
 
Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

​According to the latest report by IMARC Group, titled “Bio-Polypropylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global bio-polypropylene market size reached 14.3 Kilo Tons in 2018, growing at a CAGR of 4.4% during 2011-2018. Bio-polypropylene is a thermoplastic polymer derived from plants, which is widely utilized by the packaging industry. It is made from natural materials, such as corn, sugar cane, vegetable oil and biomass. The polymer is tough, flexible and resistant to fatigue, which makes it an ideal packaging material. The production process of bio-polypropylene is environment-friendly as compared to that of conventional polypropylene, which utilizes petroleum, thus emitting a significant amount of greenhouse gases (GHGs). Furthermore, it is characterized by a higher melting point, which allows it to be used in various plastic products. As a result, it finds diverse applications in textiles, films, polymer banknotes and injection molding, among others.

Request for a sample copy of this report: https://www.imarcgroup.com/bio-polypropylene-market/requestsample

Global Bio-Polypropylene Market Trends:

Increasing adoption rates of sustainable packaging solutions are primarily driving the growth of the market. Growing awareness about the risk posed by the use of plastic-based products has led a majority of the population to shift toward bio-based alternatives. Furthermore, the rising demand for biodegradable polymers in the production of food packaging materials is also providing a thrust to the growth of the market. In line with this, several regulatory initiatives have been introduced, which promote the use of bioplastics and educate users about the importance of reducing GHG emissions. The thriving automobile industry is further propelling the market growth as biopolymers are extensively utilized to reduce the overall weight of the automobiles. Also, widespread adoption of injection molding across several industry verticals, including healthcare, aerospace and construction, is expected to create a positive outlook for the market. On account of the aforementioned factors, the market is estimated to reach a volume of 18.1 Kilo Tons by 2024, expanding at a CAGR of 3.9% during 2019-2024.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/bio-polypropylene-market

Insights on Market Segmentation:

Market Breakup by Application

1. Injection Molding
2. Textiles
3. Films
4. Others

On the basis of the application, injection molding represents the largest market segment, exhibiting a clear dominance in the market. Other major application areas include textiles, films and others.

Market Breakup by Region

1. Europe
2. North America
3. Asia Pacific
4. Middle East and Africa
5. Latin America

On the geographical front, the market has been categorized into Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, Europe holds the leading position in the market, accounting for the majority of the total share.

Competitive Landscape

The competitive landscape of the market has also been studied in the report with some of the key players being Braskem S.A., Biobent Holdings, LLC (Biobent Polymers), Dow Chemical Company, Global Bioenergies SA, Trellis Earth Products, Inc., Japan Polypropylene Corporation, Reliance Industries Limited, LyondellBasell Industries NV, Exxon Mobil Corporation and INEOS Capital Limited.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
Tel no: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

The latest report by IMARC Group, titled “Calcium Chloride Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global calcium chloride market size reached US$ 1.35 Billion in 2018, growing at a CAGR of 6% during 2011-2018. Calcium chloride, with the chemical formula CaCl2, is an ionic compound of calcium and chlorine, which is highly soluble in water. It remains solid at room temperature and behaves as a typical ionic halide. Calcium chloride is generally found in small quantities, along with other salts, in seawater and mineral springs. It is used as a food additive, preservative, and brine in refrigeration plants. Besides this, it is also utilized as a drying agent in water treatment plants.

Request for a sample copy of this report: https://www.imarcgroup.com/calcium-chloride-technical-material-market-report/requestsample

Global Calcium Chloride Market Trends:

The applications of calcium chloride as a dehumidifier and concrete accelerator have increased its demand, primarily in the concrete industry. A rise in construction and mining activities, particularly in the developing countries, has propelled the sales of calcium chloride since it is largely used as a dust controlling agent. Additionally, as it can lower the freezing point of water, it is used as a de-icing agent on roads, pavements and sidewalks during winters. Consequently, it is widely utilized in regions which experience heavy snowfall, such as Europe and North America. Furthermore, the liquid form of calcium chloride is a common raw material that is employed as a drilling fluid in the gas well drilling industry. Rising demand for oil and gas from numerous countries has impelled the sales of calcium chloride across the world. On account of these factors, the market is anticipated to reach a value of about US$ 1.8 Billion by 2024, at a projected CAGR of 5.3% during 2019-2024.

Explore full report with table of contents: https://www.imarcgroup.com/calcium-chloride-technical-material-market-report

Insights on Market Segmentation:

Market Breakup by Product Type:

1. Liquid
2. Hydrated Solid
3. Anhydrous Solid
Based on the product type, the market is segmented into hydrated solid, anhydrous solid and liquor. Amongst these, hydrated solids represent the most popular product type, holding the dominant share.

Market Breakup by Application:
1. De-Icing
2. Dust Control and Road Stabilization
3. Drilling Fluids
4. Construction
5. Industrial Processing
6. Others
On the basis of the application, de-icing represents the biggest application area. Other segments include dust control and road stabilization, drilling fluids, construction, and industrial processing.

Market Breakup by Raw Material:
1. Natural Brine
2. Solvay Process (by-product)
3. Limestone and HCL
4. Others
On the basis of the raw material, the market is segregated into natural brine, Solvay process (by-product), and limestone and hydrochloric acid. Currently, natural brine accounts for the largest market share.

Market Breakup by Grade:
1. Food Grade
2. Industrial Grade
Based on the grade, industrial grade calcium chloride dominates the market, followed by the food grade segment. It is extensively used in diverse industries owing to its numerous advantages, such as easy dilution process and reduction in emission of hazardous gases.

Market Breakup by Region:
1. North America
2. Asia Pacific
3. Europe
4. Middle East and Africa
5. Latin America
Region-wise, the market is categorized into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Amongst these, North America is the leading market.

Competitive Landscape:
The key players operating in the market include Occidental Petroleum Corp. (OxyChem), B. J. Services, Solvay S.A., Tetra Chemicals, Tiger Calcium Services, Ward Chemicals, Weifang Haibin Chemical Co. Ltd., Tangshan Sanyou Group Co., Ltd., Qingdao Huadong Calcium Producing Co. Ltd., Weifang Taize Chemical Industry Co. Ltd. and Zirax Ltd.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us
​
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

​​As per the latest report by IMARC Group, titled “N-Hexane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global n-hexane market size reached a volume of 2.71 Million Tons in 2018. N-hexane, also known as hexane and hexyl hydride, is an aliphatic hydrocarbon that is procured from natural gas and crude oil. It can also be produced from sugar cane wastes by employing special catalysts. N-hexane is completely colorless with an unpleasant odor that is identical to petroleum. It is also highly flammable, possesses degreasing properties and comprises explosive vapors, owing to which it is mixed along with other solvents before being used in the manufacturing of different products. Furthermore, it is utilized in the form of an industrial chemical and laboratory reagent.

Request for a sample copy of this report: https://www.imarcgroup.com/n-hexane-technical-material-market-report/requestsample

Global N-Hexane Market Trends:

N-hexane provides several advantages over other solvents, such as recyclability and cost-effectiveness. As a result, it is used as a key solvent in the manufacturing of various industrial and chemical products, which include paints, rubber, leather and polypropylene. The demand for these products is increasing around the world on account of rapid urbanization, growing global population and inflating income levels. In addition to this, n-hexane is widely utilized in vegetable oil extraction as it aids in removing odor and unwanted taste. The vegetable oil industry is mainly driven by the increasing demand for refined oils, which can be attributed to the rising health consciousness among consumers. N-hexane is also utilized in the pharmaceutical industry for several synthesis and separations, as well as for shaping pills and tablets. Looking forward, the market volume is projected to reach 2.98 Million Tons by 2024, expanding at a CAGR of 1.5% during 2019-2024.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/n-hexane-technical-material-market-report

Insights on Market Segmentation:

Market by Application

1. Edible Oil Extraction

2. Healthcare

3. Industrial Solvent

4. Adhesive Formulation

5. Others

Based on the application, the market has been classified into edible oil extraction, healthcare, industrial solvent, adhesive formulation and others. At present, edible oil extraction accounts for the majority of the total market share as it offers a high yield from oilseeds. Moreover, another advantage provided by n-hexane in oil extraction is its recyclability as it can be reused after the extraction process.

Market by Region:

1. Asia Pacific

2. Europe

3. North America

4. Middle East and Africa

5. Latin America

Region-wise, Asia Pacific represents the largest market. Other major segments include Europe, North America, Latin America, and Middle East and Africa.

Competitive Landscape

The competitive landscape of the market has been examined with some of the key players being Rompetrol Rafinare, Royal Dutch Shell Plc, Exxon Mobil Corporation, China Petrochemical Corporation (Sinopec Group) and Junyuan Petroleum Group.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal