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Showing posts with the label Specialty and Fine Chemicals

Specialty Adhesives Market is Anticipated to Witness High Growth Owing to Increasing Demand from Automotive Industry

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  Specialty Adhesives Market   Specialty adhesives, being used across various industries, have seen rapid advancements and wider application scope over recent years. Specialty adhesives offer superior bonding capabilities and reliably join dissimilar materials together, and find applications in construction, medical devices, automotive, aerospace, consumer, and other industries. Key advantages of specialty adhesives include flexibility in bonding different materials, improved strength and durability of bonds over other joining methods.   The Global Specialty Adhesives Market is estimated to be valued at US$ 4.56 Bn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period from 2024 to 2030.   Key Takeaways Key players operating in the Global Specialty Adhesives Market Share are PerkinElmer, Cardinal Health, Lantheus Medical Imaging, Bracco Imaging, NTP Radioisotopes, JSC Isotope, ANSTO, Nordion, Curium Pharma, IRE. The companies are focu...

Pigments Market is Anticipated to Witness High Growth Owing to Increasing Demand from Construction Industry

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  Pigments Market The global pigments market has been growing rapidly over the past few years. Pigments are coloring agents that are used to impart color to various materials like paints, printing inks, colored plastics,coloring food, cosmetics, and others. Pigments are used in a wide range of applications like construction, automotive, protective coatings, packaging, and printing industries. Major factors driving the demand for pigments include increasing construction activities around the world and rapid urbanization. The construction industry has been a major consumer of pigments used in paints and coatings for coloring and protecting buildings. Global population has been increasing steadily creating demand for residential and commercial infrastructure which requires huge amounts of paints and coatings made from pigments.   The Global pigments market is estimated to be valued at US$ 20.61 Bn in 2024 and is expected to exhibit a CAGR of 19% over the forecast period 202...

Bromobenzene Market Is Projected To Witness High Growth Owing To Increasing Adoption In Pharmaceutical Industry

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  Bromobenzene Market Bromobenzene, also known as monobromobenzene, is an organic compound that consists of a phenyl group with one bromine atom as a substituent. It is a colorless flammable liquid with a sharp, disagreeable odor. Bromobenzene finds wide usage as an intermediate in the production of other chemicals and pharmaceuticals. It is primarily used to make flame retardants which are added to plastics, electronics, textiles and other materials to inhibit or prevent ignition and decrease the flammability. The global bromobenzene market is estimated to be valued at US$ 77.7 Mn in 2024 and is expected to exhibit a CAGR of 20% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: The growing demand for flame retardants from various end-use industries such as construction, electronics, automotive and others is the primary driver propelling the bromobenzene market growth. Bromobenzene is a key r...

The Global Conformal Coating Stripper Market Poised for Strong Growth owing to Increasing Demand from Electronics Industry

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  Conformal Coating Stripper Market Conformal coatings help improve the reliability and lifetime of printed circuit boards and electronic components by protecting them from various environmental factors. Conformal coating stripper is a chemical solution used to remove conformal coatings from circuit boards and components during rework. It protects electronic assemblies from moisture, dust, chemicals, and temperatures. The global conformal coating stripper market is extensive owing to its wide applications in various end-use industries such as consumer electronics, automotive, aerospace, and defense.   The global conformal coating stripper Market is estimated to be valued at US$ 11.72 Mn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics Rising electronics industry is one of the major drivers propelling the growth of the conformal coatin...

Industrial Adhesives Market Growth Accelerated due to Rising Demand from Construction and Automotive Industries

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  Industrial Adhesives Market Industrial adhesives are synthetic adhesives that are used in various industrial applications for bonding different surfaces such as metal, wood, composites and plastic. Industrial adhesives are commonly used in automotive, construction and packaging industries. These adhesives provide strong bonds that help join different materials efficiently. Some key applications of industrial adhesives include bonding of automotive components, assembly of furniture, packaging of consumer goods and joining of surfaces in construction. The global demand for industrial adhesives has been rising owing to the growing construction and automotive industries across the world.   The global industrial adhesives Market is estimated to be valued at US$ 42.04 Bn in 2023 and is expected to exhibit a CAGR of 19% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: The industrial adhe...

The Global Alkyl Ketene Dimer Market Growth Accelerated By Surge In Demand From The Paper Industry

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  Alkyl Ketene Dimer Market Alkyl ketene dimer (AKD) are organic compounds primarily used as a sizing agent in the paper industry. It imparts hydrophobic properties to paper and other cellulosic materials, thereby improving printability and writability. AKD helps in controlling the absorption of liquids and improves the surface strength of paper. With increasing paper production across the globe coupled with growing emphasis on paper quality, the demand for AKD has witnessed significant growth. The global Alkyl Ketene Dimer Market is estimated to be valued at US$ 340.98 Mn in 2023 and is expected to exhibit a CAGR of 4.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market key trends: The growing paper industry has been a major driver boosting the alkyl ketene dimer market size over the past few years. According to the FAO, global paper production increased by around 45 million tons between 2011 and 2020, ...

The global Bio-based Paints & Coatings Market Growth Accelerated by Extensive Use of Bio-based Resins

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  Bio-Based Paints & Coatings Market Bio-based paints & coatings offer superiority over conventional oil-based paints & coatings such as reduced emissions of volatile organic compounds (VOCs), lesser toxicity and biodegradability. Bio-based paints & coatings contain plant-based raw materials such as corn starch, soy oil and coconut oil as resins. These resins provide properties like water resistance and durability to the paints & coatings. Bio-based paints & coatings are increasingly being used in construction and transportation industries due to stringent environmental norms. The global bio-based paints & coatings market is estimated to be valued at US$ 12.59 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market key trends: The extensive use of bio-based resins derived from plant and vegetable sources such as soybean oil, corn s...

Growth Accelerated by Increased Demand from Agriculture and Construction Industries

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  Expanded perlite market Expanded perlite is a volcanic glass that has been heated until its water content is vaporized, causing it to puff up into a lightweight expanded form. It is an amorphous alumino-silicate that increases by up to 20 times in volume when heated. Expanded perlite has high moisture resistance, low density, and excellent insulating properties. These attributes make it suitable for use in applications such as insulation, filtration, horticulture, construction materials, and absorbents. The global Expanded Perlite Market is estimated to be valued at US$ 1.51 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market key trends: The major driving factor for the growth of the expanded perlite market is the increasing demand from the agriculture and construction industries. Expanded perlite is used as a soil amendment and plant growth medium in a...

Energy Storage Is Fastest Growing Segment Fueling The Growth Of Polyether Ether Ketone Market

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 Polyether Ether Ketone Market The global Polyether Ether Ketone Market is estimated to be valued at US$ 729.34 Mn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market Overview: Polyether ether ketone (PEEK) is a semi-crystalline thermoplastic polymer belonging to the polyaryletherketone (PAEK) family. PEEK offers high strength, toughness, and chemical resistance across a wide range of temperatures. PEEK is used in industries such as automotive, aerospace, electronics, and medical due to its ability to withstand high temperatures and harsh environments.   Market key trends: Growing demand from the energy storage industry is expected to be a major trend fueling the growth of the PEEK market over the forecast period. PEEK is increasingly used in lithium-ion batteries due to its high dielectric strength, chemical resistance, and ability to withstan...

Aluminum Fluoride Used in Aluminium Production is the Fastest Growing Segment Fueling the Growth of Aluminum Fluoride Market

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  The global Aluminum Fluoride Market is estimated to be valued at US$ 2.3 Bn in 2023 and is expected to exhibit a CAGR of 2.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market Overview: Aluminum fluoride is a white inorganic compound commonly used in aluminum smelting as a flux to lower the melting point of aluminum. It helps improve the conductivity of molten aluminum and maintain proper flow during smelting and casting operations.   Market key trends: One of the key trends fueling the growth of the aluminum fluoride market is its increasing use in aluminum production. Aluminum fluoride is a critical component used in the electrolytic production of primary aluminum. It is added to the electrolytic bath to lower its melting point and viscosity. This improves the efficiency of the electrolysis process and ensures smooth flow during aluminum casting. The rising aluminum production driven by gr...

Anionic Surfactants Market is Estimated to Witness High Growth Owing to Increasing Demand from Personal Care and Home Care Products

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  Anionic Surfactants Market Market Overview:   The global Anionic Surfactants Market is estimated to be valued at US$ 20.94 Bn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Anionic surfactants are chemical compounds that have hydrophilic head and a hydrophobic tail. They are widely used in household detergents, personal care products such as soaps, shampoos, and toothpastes due their strong cleaning abilities. They interact with oil and grease allowing easy removal of dirt from surfaces.   Market key trends: One of the key trend driving the growth of anionic surfactants market is increasing usage in automotive industry. Anionic surfactants are increasingly being used by automotive OEMs and manufacturers of car care products such as car wash liquids, waxes and polishes. They help in effectively removing dirt, road tar, bird droppings and other contamina...

Medical Device Coatings are fastest growing segment fueling growth of the Acrylic Acid Market

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  Acrylic Acid Market The global Acrylic Acid Market is estimated to be valued at US$ 13.18 Bn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market Overview: Acrylic acid and its esters find wide application in various industries such as paints & coatings, adhesives & sealants, plastic additives, textiles, personal care and water treatment. It is used to manufacture superabsorbent polymers which are primarily used in baby diapers, adult incontinence products, and hygiene products.   Market key trends: One of the major trends gaining traction in the acrylic acid market is its usage in medical device coatings. Acrylic acid polymers are increasingly being used to coat medical devices like catheters, implants, and prosthetics. These coatings help reduce friction between the device and tissues, prevent infections, and impart other useful proper...

Pharmaceutical Grade Carboxymethyl Cellulose is the fastest growing segment fueling growth of the Carboxymethyl Cellulose Market

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  Carboxymethyl Cellulose Market The global Carboxymethyl Cellulose Market is estimated to be valued at US$ 1201.83 Mn in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market Overview: Carboxymethyl cellulose (CMC) is a cellulose derivative with carboxymethyl groups bound to some of the hydroxyl groups of the glucopyranose monomers that make up the cellulose backbone. It is used as an emulsifier, stabilizer and thickening agent in foods, cosmetics, detergents and other industrial applications due to its viscous and gelling properties when in solution.   Market key trends: One of the key trends driving growth in the CMC market is the increasing demand from the pharmaceutical industry. Pharmaceutical grade CMC is widely used as an excipient in pharmaceutical formulations due to its beneficial properties such as compressibility, compactibility, and bin...

Bromobenzene as a Building Block Chemical is Fueling Growth in the Bromobenzene Market

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Bromobenzene Market   The global bromobenzene Market is estimated to be valued at US$ 67.44 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.   Market Overview: Bromobenzene is an organobromine compound which is used as an important intermediate in organic synthesis. It is used in manufacturing other brominated compounds that are used as fire retardants, pesticides, cosmetics and pharmaceuticals due to its advantages such as non-combustibility and resistance to moisture. It helps produce an array of consumer products that enhances safety, health and hygiene.   Market key trends: One of the key trends driving the growth of the bromobenzene market is its increasing use as a building block chemical in various end use industries like agrochemicals, petrochemicals, and polymers. It acts as an intermediate in manufacturing brominated flame retardants tha...

Calcium Sulphate Market Driven By Growing Construction Activities

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  Calcium Sulphate Market The global Calcium Sulphate Market is estimated to be valued at US$ 1.91 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Calcium sulphate finds application across various industries like construction, pharmaceutical, agriculture, food processing and many more. It is extensively used as a building material for making plaster, stucco, masonry, screed and cement. It hardens when mixed with water and provides strength while improving workability of concrete.   Market Overview: Calcium sulphate consists of calcium ions and sulfate ions. It exists in two forms - dihydrate (bassanite) and hemihydrate (plaster of Paris). Calcium sulphate products are used in construction, industrial manufacturing and multiple other processes. Properties like quick drying, water resistance and durability make calcium sulphate suitable for varied end-us...