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Showing posts from May, 2020

Global Benzene Market to Grow at a CAGR of 4.5% by 2030

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According to ChemAnalyst report, “ Global Benzene Market: Plant Capacity, Production, End Use, Sales Channel, Region, Operating Efficiency, Demand & Supply, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Benzene market is projected to grow at a CAGR of 4.5% during the forecast period on account of robust rise in demand for styrene polymers from various end-user industries such as textile, packaging, building & construction, etc. backed by rise in demand for cumene for manufacturing phenol and acetone. Browse the Complete Report:  Benzene Demand and Supply   Sudden outbreak of novel coronavirus has exacerbated a sharp decline in 2020 Benzene demand, forecasted to dip by almost 2 per cent globally. Benzene margins are curtailed on both demand and supply side due to indefinite halt in industrial activities because of COVID-19. However, as situation in anticipated to improve with time, Benzene demand would recover duri

Global Methanol Market Demand Is Anticipated to Cross 155 Million Tonnes by 2030

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According to ChemAnalyst report, “ Global Methanol Market: Plant Capacity, Production, Operating Efficiency, Process, Technology, Demand & Supply, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Methanol market is expected to grow at a healthy CAGR of 5.5% during the forecast period on account of increasing demand for Methanol-based fuels such as Neat Fuels, High Blends, Low Blends, etc. during the forecast period. In addition, Methanol is an essential ingredient being used in countless industrial and consumer products such as construction material, resins, plastics, paints, polyester and a variety of health and pharmaceutical products. Browse the Complete Report:  Methanol Pricing One of the key applications of Methanol is its increased consumption for manufacturing biodiesel, which is biodegradable and safer fuel than other fuels. For producing biodiesel, Methanol acts as a crucial reagent for transesterificati

Global Iso Propyl Alcohol Market is Expected to Cross 4.9 Million Tonnes by 2030

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According to ChemAnalyst report, “Global Iso Propyl Alcohol Market - Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Iso Propyl Alcohol market is expected to grow at a healthy CAGR of 6.87% during the forecast period. Rising demand for solvents across end use industries such as paints and coatings and pharmaceuticals backed by surge in demand for disinfectants, which include hand sanitizers, surface cleaners and other hygiene products would bolster the demand for Iso Propyl Alcohol during the forecast period. Browse the Complete Report: Iso Propyl Alcohol (IPA) Market Demand The outbreak of COVID-19 has been a tipping point in the global IPA market, making it one of the most demanded chemicals during the period of unprecedented crisis. This happened after WHO declared the use of alcohol-based ha

Global Acetone Market is Anticipated to Grow at CAGR of 9.3% by 2030

According to ChemAnalyst report, “Global Acetone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030” , the global Acetone market is expected to grow at an astounding CAGR of 9.3% during the forecast period. Principal demand for Acetone is from the solvents industry representing about 30% of the global demand, followed by Methyl Methacrylate (MMA) and Bisphenol A (BPA) manufacturing. It is anticipated that the global Acetone demand will be led by downstream Bisphenol A sector by 2030. Browse the Complete Report:  Acetone Market Report      However, at the start of 2020, ChemAnalyst report has recorded a spike in Acetone demand globally, considering the effects of novel coronavirus in the current fiscal. Acetone demand has strengthened since the outbreak of pandemic as the commodity stands out amid dwindling petrochemic

Global Hydrogen Peroxide Market Expected to Cross 11 Million Tonnes by 2030

According to ChemAnalyst report, “ Global Hydrogen Peroxide Market: Plant Capacity, Production, Demand & Supply, Concentration, Grade, End Use, Sales Channel, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030 ”, the global Hydrogen Peroxide market is expected to grow at a healthy CAGR of 5.1% during the forecast period on account of robust rise in demand from Paper and Pulp industry backed by unprecedented surge in Hydrogen Peroxide consumption for manufacturing disinfectants utilized primarily in food processing, packaging and healthcare industries. Demand for Hydrogen Peroxide has witnessed a remarkable jump in double-digits during the current scenario of pandemic coronavirus and subsequent rise in awareness among people for hygiene and improved sanitation is further likely to propel the demand in the future. Browse Complete Report:   Hydrogen Peroxide Market Analysis  Pulp and Paper Industry accounts for the highest Hydrogen Peroxide D

Global Phenol Market Demand Is Anticipated to Surpass 15.80 Million Tonnes by 2030

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According to ChemAnalyst report, “ Global Phenol Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030”, the global Phenol market is expected to grow at a healthy CAGR of 5.5% during the forecast period on account of increase in demand for Phenol derivatives from downstream capacity expansions, particularly Bisphenol A (BPA) and Polycarbonate. More than 50 per cent of total Phenol output globally is consumed for BPA production. BPA demand is driven by strong growth in the polycarbonate market serving multitude of industries such as automobile, electrical and electronics, construction materials, medical devices among many others, globally. Asia Pacific region is likely to see around 15 planned capacity additions in Polycarbonate units by 2023. Additions in BPA capacity is also to happen in the region where China wil