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Showing posts with the label Bulk Chemicals

Glutaraldehyde Market is Poised to Grow Owing to Increasing Application in Sterilization Processes

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Glutaraldehyde Market The glutaraldehyde market is a multibillion-dollar industry primarily driven by factors such as rising demand for sterilization from the healthcare industry and increased use in industrial applications. Glutaraldehyde is an organic compound that has high antimicrobial activity and is commonly used as a disinfectant and sterilant for critical and semi-critical medical equipment. It has very broad spectrum germicidal property and sporicidal activity against bacteria, viruses, algae, and fungi. The growth of the healthcare sector along with increasing prevalence of hospital-acquired infections have augmented the demand for glutaraldehyde-based disinfectants and sterilants globally. Moreover, glutaraldehyde finds wide application as a biocide in various other industries including food processing and water treatment. The Global glutaraldehyde market is estimated to be valued at US$ 698.4 MN in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024

Glutaraldehyde Market is Poised to Grow Owing to Increasing Application in Sterilization Processes

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Glutaraldehyde Market The Glutaraldehyde Market is a multibillion-dollar industry primarily driven by factors such as rising demand for sterilization from the healthcare industry and increased use in industrial applications. Glutaraldehyde is an organic compound that has high antimicrobial activity and is commonly used as a disinfectant and sterilant for critical and semi-critical medical equipment. It has very broad spectrum germicidal property and sporicidal activity against bacteria, viruses, algae, and fungi. The growth of the healthcare sector along with increasing prevalence of hospital-acquired infections have augmented the demand for glutaraldehyde-based disinfectants and sterilants globally. Moreover, glutaraldehyde finds wide application as a biocide in various other industries including food processing and water treatment. The Global Glutaraldehyde Market is estimated to be valued at US$ 698.4 MN in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 20

Granular Urea Market Growth Accelerated by Rising Production of Urea Fertilizers

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Granular Urea Market Granular urea is a synthetic nitrogen fertilizer produced industrially from ammonia and carbon dioxide. It is widely used for its high nitrogen content and compatibility with modern agricultural machinery for direct application to soils. The global granular urea market demand is driven by its usage in boosting crop yields across corn, wheat and rice cultivation. The granules offer uniform distribution and prevent nutrient losses through volatilization, supporting farmers to optimize fertilizer usage. The global granular urea market is estimated to be valued at US$ 47.18 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising production of urea fertilizers is one of the key factors augmenting the global granular urea market growth. Approximately 60% of nitrogen fertilizers consumed globally are produced in the form of urea. Urea

Plastic Waste Management Market Growth Accelerated by Increased Environmental Concerns

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Plastic Waste Management Market Plastic waste management involves collection, disposal and recovery of plastic waste through recycling or energy recovery. Rapid urbanization and consumerism have led to massive plastic waste generation globally. Plastic waste poses serious threats such as pollution of water bodies and landfills if not disposed of properly. There is growing awareness about harmful effects of plastic pollution on environment and human health. The global plastic waste management market is estimated to be valued at US$ 42.5 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends driving growth in the plastic waste management market is increased environmental concerns. Plastic pollution has become a serious threat as tons of plastic ends up in oceans every year, killing marine animals. This has brought plastic waste manage

Methylene Chloride Market is Estimated to Witness High Growth Owing to Surging Consumption in Paints & Coatings Industry

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Methylene Chloride Market Methylene chloride, also known as dichloromethane, is a volatile organic compound used as a solvent in various industrial applications such as paint stripping, adhesive formulation, and metal cleaning. It effectively dissolves a wide range of organic compounds and improves the penetrating and spreading properties of various paints and coatings. The growing construction industry is generating significant demand for paints and coatings made using methylene chloride as a solvent. Factors such as rapid urbanization, rising disposable incomes, and increasing home improvement activities are propelling the growth of the global construction sector. The global methylene chloride market is estimated to be valued at US$ 1.25 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The surging consumption of methylene chloride in paints and coat

Isohexadecane Market is Estimated to Witness High Growth Owing to Opportunity of Wide Range of Cosmetic Applications

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Isohexadecane Market Isohexadecane is an emollient ester that provides a light, luxurious skin feel while hydrating and softening skin. It spreads easily during application and possesses excellent absorption properties. Isohexadecane also improves efficacy of other active ingredients by increasing their penetration ability. Due to its non-greasy and non-comedogenic nature, isohexadecane is widely used in foundations, lotions, creams, and sunscreens.  The global Isohexadecane Market is estimated to be valued at US$ 201.14 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity The wide range of cosmetic applications where isohexadecane is used represents a major market opportunity. Isohexadecane blends well with natural oils and waxes used in natural and organic personal care products. The growing demand for natural and organic cosmetic products from health cons

Phenoxy Resins Market is Estimated to Witness High Growth Owing to Growing Demand from Paints and Coatings Industry

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Phenoxy Resins Market Phenoxy resins are thermoset resins that are soluble and fusible in a wide range of aromatic and aliphatic solvents. They exhibit excellent dielectric properties, heat resistance, and adhesion. Phenoxy resins find extensive application in the paints and coatings industry as binders and adhesives. They provide high gloss, durability, chemical and scratch resistance to paints and coatings. Increasing construction activities and growing automotive sector globally have augmented the demand for paints and coatings, which in turn has driven the phenoxy resins market. The global phenoxy resins market is estimated to be valued at US$ 1.48 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Growing demand from Asia Pacific region is expected to present lucrative growth opportunity for phenoxy resins market players. Rapid urbanization, risi

Global Ethylene Market is Estimated to Witness High Growth Owing to Opportunity in Plastic Industry

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Ethylene Market Ethylene is an important petrochemical used as a raw material in the production of polyethylene, ethylene glycol, ethylene oxide, and polyvinyl chloride (PVC). It is widely utilized in the manufacturing of plastics, fibers, and packaging materials. The increasing demand for plastics from the packaging, automotive, construction industries is fueling the growth of the global ethylene market. The plastic industry uses ethylene as a feedstock to manufacture various plastics including polyethylene, polyvinyl chloride, and ethylene-vinyl acetate. The global ethylene Market is estimated to be valued at US$ 137.2 Bn in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity The growing plastics industry presents a huge market opportunity for ethylene producers. Plastics have wide applications across industries such as packaging, construction, automotive,

Transparent Plastics Market is Estimated to Witness High Growth Owing to Opportunity of Substitute to Traditional Materials

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Transparent Plastics Market Transparent plastics, also known as clear plastics, are a group of polymers that transmit light with a high level of clarity. Some key advantages of transparent plastics include durability, flexibility, lightweight, resistance to corrosion and weathering. They are increasingly being used as alternatives to traditional materials like glass and wood in various applications such as packaging, construction and automotive industries. The need for materials that are durable as well as add aesthetic value has propelled the demand for transparent plastics. The global Transparent Plastics Market is estimated to be valued at US$ 167.1 Bn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity of substitute to traditional materials is estimated to witness high growth in the transparent plastics market. Transparent plastics provide

Oil and Gas Descaler Market is Estimated to Witness High Growth Owing to Opportunity to Prevent Equipment Corrosion

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Oil and Gas Descaler Market Oil and gas descaler refers to chemicals used to remove deposits and scale from the inner walls of pipes, vessels, boilers, heat exchangers and other equipment used in oil and gas operations. Descalers play a crucial role in cleaning equipment and preventing scale build up which can lead to reduced heat transfer efficiency and equipment corrosion over time. The build-up of scale reduces flow rates and the lifespans of pipes and equipment. Descalers chemically dissolve hardness scale without harming metal surfaces or requiring disassembly of the equipment. The global Oil and Gas Descaler Market is estimated to be valued at US$ 368.31 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Equipment corrosion is a major problem in oil and gas industry leading to failures, leaks and significant financial losses due to repair and downtime

Magnesium Hydroxide Market is Estimated to Witness High Growth Owing to Opportunity in Flame Retardant Applications

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Magnesium Hydroxide Market Magnesium hydroxide is used as a flame retardant in a variety of end-use industries such as buildings and construction, electronics and appliances, wires and cables, automotive, and textiles. It is one of the most effective flame retardants and can be widely used for flame-retardant applications as it has high flame retardancy with low smoke and toxicity. The global Magnesium Hydroxide Market is estimated to be valued at US$ 826.34 billion in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Growth in the flame retardant applications is expected to present a lucrative opportunity for the Magnesium Hydroxide Market over the forecast period. Rising demand from various end-use industries for effective flame retardants to meet strict fire safety standards set by regulatory bodies is estimated to drive the demand for magnesium hydroxide.

Polysilicon Market is Estimated To Witness High Growth Owing To Demand Rises from Photovoltaic Industries

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Polysilicon Market Polysilicon is a highly purified form of silicon predominantly used in production of solar photovoltaic cells. It provides high efficiency, low degradation and is an essential raw material for manufacturing solar photovoltaic modules. Growing adoption of solar energy due to environmental concerns and supportive government policies has increased the demand for polysilicon in recent years. The Polysilicon Market is estimated to be valued at US$ 12.80 Bn in 2023 and is expected to exhibit a CAGR of 13.% 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 positively impacting the polysilicon market growth is rising demand from photovoltaic industries. Solar power generation has been gaining increasing prominence as a potential source of renewable energy globally. According to International Renewable Energy Agency, installed photovoltaic capacity increased over fourfold f

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