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Global 2,3-Butanediol Market to Rise at CAGR of 3.5% During Forecast Period
The global 2, 3-butanediol market is anticipated to rise at a CAGR of 3.5% during the forecast period, from 2020 to 2030. The global market is predicted to be driven by increase in demand for rubbers such as chloroprene rubber, nitrile rubber, styrene–butadiene latex, and styrene–butadiene rubber in the tire industry, as 2,3-butanediol is converted into 1,3-butadiene, which is widely used in the manufacturing of different types of rubbers.
The precursor of methyl ethyl ketone is 2, 3-butanediol (also known as MEK or 2-butanone). The demand for 2, 3-Butanediol is expected to expand considerably in this field during the forecast period. Natural-source items are becoming increasingly popular across the world. Synthetic and petrochemical goods are being phased out in favor of items made by fermentation and biorefinery. 2, 3-Butanediol (2, 3-BD) is a high potential bulk chemical with a broad variety of possible uses.
For usage in the manufacturing of emollients and solvents, there is an increasing need for sustainable and bio-based 2, 3-butanediol featuring odorless and colourless properties. Personal care and cosmetic products incorporate these solvents and emollients, which is expected to drive sales opportunities in the global 2, 3-butanediol market.
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Market Segmentation
By Service Type
Production Services
Distribution Services
Consultation Services
By Sourcing Type
Bio-based 2,3-Butanediol
Synthetic 2,3-Butanediol
By Application
Chemical Intermediate
Solvent
Fuel Additive
Others
By Industry Vertical
Pharmaceuticals
Cosmetics
Food and Beverages
Automotive
Other Industrial Applications
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Regional Analysis
North America: Leading the market with significant demand from the pharmaceutical and automotive sectors.
Europe: Witnessing steady growth due to stringent environmental regulations favoring bio-based products.
Asia-Pacific: Expected to exhibit the highest growth rate due to rapid industrialization and increasing investment in chemical production.
Latin America and Middle East & Africa: Emerging markets with potential growth opportunities driven by industrial expansion.
Market Drivers and Challenges
Drivers:
Rising Demand in Pharmaceuticals: 2,3-Butanediol’s role as an intermediate in drug synthesis is crucial for pharmaceutical growth.
Sustainability Trends: Increased preference for bio-based 2,3-Butanediol due to environmental concerns.
Technological Advancements: Innovations in production processes enhancing yield and reducing costs.
Challenges:
High Production Costs: The complex production process for high-purity 2,3-Butanediol can be cost-prohibitive.
Regulatory Hurdles: Stringent regulations in chemical manufacturing and environmental compliance.
Market Competition: Intense competition from alternative chemical compounds and synthetic substitutes.
Market Trends
Bio-based Production: Growing emphasis on sustainable and eco-friendly production methods.
Technological Innovations: Advances in biotechnology improving production efficiency and cost-effectiveness.
Application Expansion: Increasing applications in emerging industries such as biofuels and bioplastics.
Future Outlook
The future of the 2,3-Butanediol market appears promising with potential for expansion into new applications and regions. The continued shift towards sustainable and bio-based products is likely to drive market growth. Investments in research and development, coupled with strategic partnerships, will be crucial for companies to maintain a competitive edge.
Key Market Study Points
Analysis of growth drivers and challenges
Market segmentation insights
Regional market dynamics
Competitive landscape and key player strategies
Impact of technological advancements on production
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Competitive Landscape
The 2, 3-Butanediol market is characterized by the presence of several key players who are focusing on expanding their market share through various strategies such as mergers, acquisitions, and product innovations. Major companies in the market include:
BASF SE
Dow Chemical Company
LyondellBasell Industries
Eastman Chemical Company
Solvay S.A.
Recent Developments
BASF SE: Announced a partnership with a leading biotech firm to enhance bio-based 2,3-Butanediol production capabilities.
Dow Chemical Company: Launched a new line of eco-friendly solvents incorporating 2,3-Butanediol.
LyondellBasell Industries: Expanded their production facility in Asia-Pacific to cater to the rising regional demand.
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A Beginner’s Guide to Implant a Solvent Recycling Equipment
For most industrial business owners, waste management is a top priority. It costs a lot of money and calls for strict regulations. Many companies find that disposing of their waste byproducts is a drain on their profits, but recent advancements in chemical and solvent recycling can help you keep your costs under control. Using solvent-recycling equipment makes the process much easier.
The Concept Behind Recycling Solvents
Not only is waste disposal dangerous, but it is also outrageously costly.
One of the biggest issues industrial America is dealing with is how to handle dirty cleaning solvents. A solvent recycler machine not only saves money on chemical disposal but also on new solvent purchases. Most solvents can be recycled and recovered with solvent recovery equipment, including:
Mineral spirits
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IPA (isopropyl alcohol)
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Xylene
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Chlorinated solvents (AK225, 1,2 trans-dichloroethylene / trans DCE, 3M™ Novec™, Dupont Vertrel)
Microcare solvents
Terpenes Toluene
Aromatic Solvents
Benefits of Using Solvent Recycling Equipment
Why should you use solvent recycling equipment? Solvent recyclers distill used cleaning solvent to remove soils, debris, and oils, allowing the cleaning solvent to be reused. A solvent recovery system for used solvents can save over 95% on solvent purchases and over 90% on chemical waste disposal costs. A few other remarkable benefits include:
Substantially Reduces the need to buy new solvents
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Reduce the amount of hazardous waste stored on-site.
It saves your company a lot of money.
There is no reason to waste money by paying someone to come to pick up and dispose of your used solvent with today’s recycling technology. All you need to do is just install solvent recycling equipment that fits your industry and business type.
The Higher the Purity of a Solvent, the More Effective It Is
The purity of any type of solvent after it has been recycled is one of the most important aspects of reusing it. Another important aspect of solvent recycling to consider is how contaminated the solvent is and whether it is reusable. For that reason, you need to install the best-quality solvent recycling equipment that can recycle your solvents for a variety of purposes. Glass fractionating equipment is one example of this type of tool and machinery, which aids in the separation of contaminants and other compounds that could impair the solvent’s effectiveness. Figure out your recycling needs first and then consult with the dealer from whom you are purchasing the recycler.
However, there is a vast range of machines used in solvent recycling and they all can separate the reusable solvent from impurities produced during various production and cleaning procedures. By using a distillation process, these devices enable the safe and effective recovery of solvents while drastically lowering the costs associated with the disposal of hazardous waste.
Besides, buying solvent recycling equipment, you can also check out the option of financing it. Which is the better choice—financing it or buying the equipment outright for your company?
What is Financing for Solvent Recycling Equipment?
Instead of having to pay large sums of money upfront for solvent recycling and recovery equipment, financing enables your company to pay on credit. This makes it possible for more businesses to be more flexible with their spending plans by making monthly payments of a smaller amount as opposed to a single, large payment upfront.
What Benefits does Financing Offer?
First, convenience
Convenience is one of the main benefits of financing a solvent recycling equipment. With more money on hand, you are better able to plan for the future. Paying less upfront can assist you in making financial plans for future investments and promote organisational growth.
In light of the inflation rate and the recent increase in the cost of machinery and equipment, financing has emerged as a viable option.
You won’t need to worry about maintenance
Your company does not have to worry about upkeep and other maintenance-related costs since it does not directly own the machinery. Many businesses spend a sizable portion of their budget on facility and equipment maintenance, which can limit their options for the future of the business. Organizations can take on new projects and other business plans with less money required up front.
Upgrades are less expensive
When considering financing for solvent recycling equipment, it’s important to keep in mind that, when necessary, upgrading is also important. When you buy machinery, this can be challenging, especially if the cost of newer models is significantly higher than that of your older models. With financing, upgrading only requires paying a small amount more than what is specified in your finance agreement at the moment. This indicates that you can save money by avoiding those upfront expenses without wasting money by purchasing multiple pieces of equipment.
The Bottom Line
Are you ready to embrace solvent recycling for your industrial business? No matter which option you choose; buying or financing; you need to be careful about choosing a top quality solvent recycling equipment to get the best work done. Are you interested to learn more about solvent recycling? Keep an eye on this space as we post fresh content regularly.
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1-Butene Market Outlook Development Factors, Latest Opportunities and Forecast 2028
“1-Butene Market 2022-2028
A New Market Study, Titled “1-Butene Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
The market research report discusses the top businesses in the industry, distributors, and the overall layout of the supply chain. Additionally, it evaluates the factors and standards that might affect how the market develops. The coronavirus epidemic has had an effect on the world economy. Several market factors have altered. The market is rapidly changing, and the impact on the present and the future is being evaluated, claims the 1-Butene research report.
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This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of 1-Butene including: Evonik Shell ExxonMobil CP Chemical Praxair Mitsui Chemical Sumitomo Chemical Tonen Chemical Idemitsu Kosan Sabic Jam Petro Rabigh OPaL Qatar Chemical Nizhnekamskneftekhim PTT CNPC SINOPEC
Market split by Type, can be divided into: Crude C4 Seperation Ethylene Dimerization Other
Market split by Application, can be divided into: Polyethylene Secondary Butyl Alcohol (SBA) Methyl Ethyl Ketone (MEK)
Market split by Sales Channel, can be divided into: Direct Channel Distribution Channel
Market segment by Region/Country including: North America (United States, Canada and Mexico) Europe (Germany, UK, France, Italy, Russia and Spain etc.) Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) South America (Brazil, Argentina and Colombia etc.) Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Table of Contents
Chapter 1 1-Butene Market Overview 1.1 1-Butene Definition 1.2 Global 1-Butene Market Size Status and Outlook (2015-2030) 1.3 Global 1-Butene Market Size Comparison by Region (2015-2030) 1.4 Global 1-Butene Market Size Comparison by Type (2015-2030) 1.5 Global 1-Butene Market Size Comparison by Application (2015-2030) 1.6 Global 1-Butene Market Size Comparison by Sales Channel (2015-2030) 1.7 1-Butene Market Dynamics (COVID-19 Impacts) 1.7.1 Market Drivers/Opportunities 1.7.2 Market Challenges/Risks 1.7.3 Market News (Mergers/Acquisitions/Expansion) 1.7.4 COVID-19 Impacts on Current Market 1.7.5 Post-Strategies of COVID-19 Outbreak
Chapter 2 1-Butene Market Segment Analysis by Player 2.1 Global 1-Butene Sales and Market Share by Player (2018-2020) 2.2 Global 1-Butene Revenue and Market Share by Player (2018-2020) 2.3 Global 1-Butene Average Price by Player (2018-2020) 2.4 Players Competition Situation & Trends 2.5 Conclusion of Segment by Player
Chapter 3 1-Butene Market Segment Analysis by Type 3.1 Global 1-Butene Market by Type 3.1.1 Crude C4 Seperation 3.1.2 Ethylene Dimerization 3.1.3 Other 3.2 Global 1-Butene Sales and Market Share by Type (2015-2020) 3.3 Global 1-Butene Revenue and Market Share by Type (2015-2020) 3.4 Global 1-Butene Average Price by Type (2015-2020) 3.5 Leading Players of 1-Butene by Type in 2020 3.6 Conclusion of Segment by Type
Chapter 4 1-Butene Market Segment Analysis by Application 4.1 Global 1-Butene Market by Application 4.1.1 Polyethylene 4.1.2 Secondary Butyl Alcohol (SBA) 4.1.3 Methyl Ethyl Ketone (MEK) 4.2 Global 1-Butene Revenue and Market Share by Application (2015-2020) 4.3 Leading Consumers of 1-Butene by Application in 2020 4.4 Conclusion of Segment by Application
Chapter 5 1-Butene Market Segment Analysis by Sales Channel 5.1 Global 1-Butene Market by Sales Channel 5.1.1 Direct Channel 5.1.2 Distribution Channel 5.2 Global 1-Butene Revenue and Market Share by Sales Channel (2015-2020) 5.3 Leading Distributors/Dealers of 1-Butene by Sales Channel in 2020 5.4 Conclusion of Segment by Sales Channel
Continue…
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2,3-butanediol market to reach valuation of ~us$ 300 MN by 2030
2,3-Butanediol Market: Introduction
In terms of value, the global 2,3-Butanediol market is anticipated to expand at a CAGR of 3.5% from 2020 to 2030. The rise in demand for rubbers such as styrene–butadiene rubber, styrene–butadiene latex, nitrile rubber, and chloroprene rubber in the tire industry is expected to drive the global 2,3-Butanediol market, as 2,3-Butanediol is converted into 1,3-Butadiene that is extensively employed in the manufacture of different kinds of rubbers. 2,3-Butanediol acts as a precursor to methyl ethyl ketone (also known as MEK or 2-butanone). The demand for 2,3-Butanediol is estimated to rise significantly in this area of application during the forecast period. The demand for products with natural origin has been rising across the globe. Products manufactured through fermentation and biorefinery processes are replacing synthetic and petrochemical products. 2,3-Butanediol (2,3-BD) is a promising bulk chemical with potentially wide range of applications.
High Cost of Commercial Production to Hamper 2,3-Butanediol Market
2,3-Butanediol is a niche chemical. The industry is currently in the early phase of its adoption. The high cost involved in the commercial production of 2,3-Butanediol is a key factor hampering the global market. 2,3-Butanediol witnessed a moderate level of commercialization up to 2019. Currently, manufacturers are engaged in scaling up the production of 2,3-Butanediol and its usage as a precursor to several industrial chemicals such as methyl ethyl ketone, butadiene, and acetoin through pilot plant operations. The availability of prominent cost-effective substitutes such as 1,4-Butanediol, 1,3-Butanediol, and 1,2-Butanediol is projected to hinder the global 2,3-Butanediol market in the near future.
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Intermediate Chemicals to Offer Lucrative Opportunities
In terms of application, the global 2,3-Butanediol market has been divided into intermediate chemicals, plastics, food additives, cosmetics, and others. In terms of value, the intermediate chemicals segment dominated the global 2,3-Butanediol market in 2019. The intermediate chemicals segment is anticipated to expand at a CAGR of more than 3.6% during the forecast period. 2,3-Butanediol is used as an intermediate chemical in various industrial compounds, which can be used as building blocks for the production of synthetic rubbers, plasticizers, printing inks, solvents, flavorings, and pharmaceuticals. 2,3-Butanediol is employed in the production of acetoin, a high value feedstock that can be widely used in dairy and cosmetic products, and chemical synthesis. The demand for 2,3-Butanediol is high as synthetic rubber precursor, as it is used in the production of 1,3-butadiene. 2,3-Butanediol can be converted into methyl ethyl ketone (MEK), which is used as a biofuel additive. After combining with methyl-ethyl-ketone and hydrogenation reaction, 2,3-Butanediol can be converted into octane, which is used to produce high-quality aviation fuel.
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Asia Pacific to be Lucrative Region of 2,3-Butanediol Market
Based on region, the global 2,3-Butanediol market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume, Asia Pacific accounted for significant share of the global 2,3-Butanediol market in 2019. This trend is projected to continue during the forecast period. Several 2,3-Butanediol manufacturers such as Global Bio-Chem Technology Group and TCI operate in Asia Pacific. Latin America is a high potential region of the global 2,3-Butanediol market. The demand for 2,3-Butanediol is likely to rise in the region as food additive during the forecast period. Regional manufacturers have been significantly using waste gas as a resource to create a diversified range of fuels and chemicals, including 2,3-Butanediol.
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Competition Landscape
In October 2018, Shimadzu (Shanghai) Global Laboratory Consumables Co., Ltd. became the exclusive distributor of Orochem Technologies Inc.’s bio-analytical sample preparation products in China. In 2018, Global Bio-Chem Technology Group entered into extensive collaborations with local and overseas research institutes and universities to encourage theoretical and technological exchange worldwide. It invests about 1%-3% of the turnover in research and development annually. The company has completed more than 10 R&D projects on corn-based biochemical products. It had several new products under development in 2018. Precigen, Inc. invested US$ 404.6 Mn, US$ 143.2 Mn, and US$ 112.1 Mn in research and development activities in 2018, 2017, and 2016, respectively. The company has accomplished biological production on a non-commercial scale of six fuel and chemical products, which hold an array of opportunities. These product opportunities include 2,3-Butanediol and isoprene for conversion into synthetic rubber, isobutanol for gasoline blending, 1,4-Butanediol for polyester, farnesene for diesel fuel and lubricants, and isobutyraldehyde for acrylics. Leading players have taken initiatives to expand their presence through acquisitions, increase of production capacities, and strategic partnerships.
Key Players in Global Market
Key manufacturers operating in the global 2,3-Butanediol market are Global Bio-Chem Technology Group, Orochem Technologies Inc., Precigen, Inc., Haihang Industry Co., Ltd., LanzaTech, Henan Coreychem Co., Ltd., Tokyo Chemical Industry Co., Ltd., Merck KGaA, Biosyncaucho S.L., and GS Caltex.
Global 2,3-Butanediol Market: Segmentation
2,3-Butanediol Market, by Application
Intermediate Chemicals
Plastics
Food Additives
Cosmetics
Others (including Pesticides and Anti-freeze Agents)
2,3-Butanediol Market, by Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
U.S.
Canada
Germany
Italy
Spain
Rest of Europe
China
India
Japan
Rest of Asia Pacific
Companies in the 2,3-Butanediol market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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Global 1-Butene Market : Industry Overview by Size, Share, Future Growth, Development, Revenue, Top Key Players Analysis and Growth Factors
Market Overview
The Global 1-Butene Market is foreseen to experience a fall from USD XX billion in 2020 to USD XX billion in 2021 at a CAGR of XX%. The descent is primarily the result of economic decline across countries unsettled due to ongoing Coronavirus outbreak, including controlling it. Thereafter, the 1-Butene market is likely to restore and expand at a CAGR of XX% from 2021, stretching up to USD XXX billion in 2025.
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The research document comprises market traits, opportunities, industry size, fragmentation, territorial breakdowns, market shares, ongoing trends, competitive landscape, and strategies for the 1-Butene market. The report also tracks essential information about the market and predict market expansion by the geographic landscape. It also positions the market under the extensive 1-Butene market framework and collates it with other alternative markets.
This report also offers the planners, policymakers, senior leadership, and traders crucial details to estimate the global 1-Butene market as it arises from the COVID-19 closure.
Market Scope
The 1-Butene Industry sets out tendencies that affect various subsidiary industries. Therefore, the Global market has ruled for being one of the leading revenue generators over the past several decades. This industry has challenged every economic disruption and withstands the test of time. Though this could benefit to motivate new market players in the Global industry, the preference for product development and novel procedures could assist new participants in obtaining a stronghold.
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1-Butene Market Research Report is Segmented as Follows:
Product Types can be segregated as:
Crude C4 Seperation
Ethylene Dimerization.
Other
Applications can be segregated as:
Polyethylene
Secondary Butyl Alcohol(SBA)/Methyl Ethyl Ketone (MEK)
1,3-Butadiene
Others
Regions covered in this report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
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Global 1-Butene Market Report provide in-depth information about the Leading Competitors involved in this report:
Evonik
Shell
CP Chemical
Praxair
Mitsui Chemical
Sumitomo Chemical
Tonen Chemical
Idemitsu Kosan
Sabic
ExxonMobil
Jam
Petro Rabigh
OPaL
Qatar Chemical
Nizhnekamskneftekhim
PTT
SINOPEC
CNPC
Innovations in the technology field have contributed to the growth of the Global industry. The arrival of energy- and cost-efficient appliances have rejuvenated procedures in the 1-Butene industry.
Economic expansion in developing countries as well have arisen as an advantage for the Global industry. Although strict rules that supervise global production and processing affect the growth rate of the Global industry.
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1-Butene Market Outlook 2020-2025 Industry Analysis By Types, Applications and Manufacturers
DecisionDatabases added the latest report with a global perspective on the 1-Butene Market studied under different segments, including type, application, and regions. The report is treated with size, trends, growth, share, and forecast till 2025. Besides, the research report studied the impact of the COVID-19 pandemic on overall growth at the global level. This report also offers a lucrative area of the industry at the regional and country level.
Final Report will cover the impact of COVID-19 on this industry.
The global 1-Butene market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform. The report further highlights the market drivers, restraints and the top manufacturers at the global and regional levels. For a thorough understanding, the report also offers market segmentation and regional analysis for the forecast period from 2020 to 2025.
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According to this study, over the next five years, the 1-Butene market will register an xx% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2020. In particular, this report presents the global market share (sales and revenue) of key companies in the 1-Butene business, shared in Chapter 3.
This 1-Butene market report also splits the market by regions: Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries).
This report presents a comprehensive overview, market shares, and growth opportunities of the 1-Butene market by type, application, key manufacturers, key regions, and countries.
The key manufacturers covered in this report: Breakdown data in Chapter 3.
Evonik
Sabic
Shell
CP Chemical
Praxair
ExxonMobil
Tonen Chemical
Mitsui Chemical
Idemitsu Kosan
Sumitomo Chemical
PTT
SINOPEC
CNPC
Jam
Qatar Chemical
Others
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This study considers the 1-Butene value and volume generated from the sales of the following segments:
Segmentation by type: breakdown data from 2015 to 2020, in Section 2.3; and forecast to 2025 in section 11.7.
Crude C4 Seperation
Ethylene Dimerization
Other
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 11.8.
Polyethylene
Secondary Butyl Alcohol(SBA)
Methyl Ethyl Ketone (MEK)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Impact of COVID-19 on Coating Thinners Market Overview with Detailed Analysis, Competitive Landscape & Forecast To 2024
Coating Thinners Industry Overview: Global Coating Thinners market Research Report 2020, presented by Acquire Market Research will help you take informed decisions, know opportunities, plan new projects, plan effective business strategies, explore drivers and restraints and give you a vision on the industry forecast. The report provides the latest information on the present and the future industry trends, allowing the readers to identify the products and services, hence driving the revenue growth and profitability. Covid-19 pandemic affects most industries in the globe. Here at acquire market research we offer you comprehensive data of related industry which will help and support your business in all possible ways. With this Coating Thinners market report, all the participants and the vendors will be in aware of the growth factors, shortcomings, threats, and the lucrative opportunities that the market will offer in the near future. The report also features the revenue; industry size, share, production volume, and consumption in order to gain insights about the politics and tussle of gaining control of a huge chunk of the market share. Interpret a Competitive Outlook Analysis with Sample Report: https://www.acquiremarketresearch.com/sample-request/367501 Scope of the Report: The Coating Thinners market report also shares details of production value with some important factor, upstream raw materials, and downstream demand that can lead to market growth. What distinction strategist should bring about services or products understanding behaviour along with the Coating Thinners market competition movements to create them appealing the analysis? The Major Players Covered in this Report: PPG, AkzoNobel, Henkel, Sherwin-Williams, RPM International, Axalta, BASF, Kansai Paint, 3M, ExxonMobil Chemical, SK Chemical, Shell, Yips Chemical, SANKYO CHEMICAL, Shanghai Coatings, Shenzhen Zhanchen paints, SKSHU Paint, Guangdong Maydos Building Materials, Jotun, Hempel, DAISHIN CHEMICAL, DICHEM, Wattyl (Valspar Paint) & More. By the product type, the market is primarily split into: Mineral Spirits, Turpentine, Naphtha, Toluene, Methyl Ethyl Ketone (MEK)/Dimethylformamide (DMF)/2-Butoxyethanol By the end users/application, this report covers the following segments: Architecture, Machinery & Equipment, Automotive, Medical Devices, Aerospace & Defense/Chemical & Material/Marine Regional Analysis Market: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please click here @ https://www.acquiremarketresearch.com/discount-request/367501
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Global Methyl Tertiary Butyl Ether Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Methyl Tertiary Butyl Ether Market 2019-2024 added by DecisionDatabases.com
MTBE is a volatile, flammable, and colorless liquid that is sparingly soluble in water. The worldwide market for Methyl Tertiary Butyl Ether is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019. This report focuses on the Methyl Tertiary Butyl Ether in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
Sabic
Evonik
China National Petroleum
Huntsman
ENI
Sinopec
LyondellBasell
Shell
ENOC
QAFAC
Gazprom
Enterprise Product
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Petronas
Formosa Plastics
Exxon Mobil
Yussen Chemical
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Panjin Heyun
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
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Other Reports by DecisionDatabases.com:
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
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How to Recycle Your Used Industrial Solvents
Recycling your solvents can direct profits directly back to your company. It can turn that costly liability into a source of revenue.
You’re a smart business owner, and that means you do what’s best for your bottom line. Keep reading to find out how your business can save on disposal costs.
What are Industrial Solvents?
Solvents are chemicals capable of dissolving, suspending or extracting other substances they come in contact with. Some solvent molecules have a polar (hydrophilic) region and a non-polar (hydrophobic) region; water is the best-known example of this type of solvent. Solvent solutions can be used as paint thinners, nail polish removers, spot removers for clothing, and in many other household cleaners.
Industrial solvents (otherwise known as volatile organic compounds (VOCs)) are the most widely used chemicals in today’s society. They are routinely encountered by people who live or work near industrial facilities, workers in industries that produce or use them, and workers in carpet, furniture, and paint stores. People can also be exposed to them near automobile service stations and dry cleaners.
Common Industrial Solvents:
Acetone
Denatured Ethanol
Ethyl Acetate
Ink Wash
Isopropyl Alcohol (IPA)
Lacquer Thinner
Methyl Ethyl Ketone (MEK)
Methylene Chloride
Mineral Spirits (150 flash)
N-Methyl-2-Pyrrolidone
N-Propyl Bromide
Propylene Carbonate
Tetrahydrofuran (THF)
Knowing how to dispose of solvents waste is an essential part of your business. And knowing where to dispose of solvents can be tricky – but that’s why you hire third party companies for things like:
Isopropyl Alcohol Recycling
Acetone Waste Disposal
Waste Thinners Disposal
And other Hazardous Waste Disposal
But these removal costs can rack up. Most companies will just chalk them down to overhead costs- but what if you found a way to just about eradicate disposal costs? What if your company could, for example, reuse paint thinner while enjoying the benefits of reduced costs? Recycling a solvent can dramatically reduce not only your company’s waste stream, but can boost profit too.
What is Solvent Recycling?
Recycling solvents is a process that recycles used solvent back into their original form. Using recycled solvents not only reduces the amount of hazardous materials produced but also reduces overall solvent costs.
By recycling your chemicals, solvents, and other chemical waste products for reconditioning and resale to the original manufacturer, you can achieve dramatic cost savings. The money spent on materials, equipment, and operating costs savings far exceed what you will save in disposal costs.
It’s a paradigm case for effective waste management, and the scenario is all too familiar for companies- in the EU alone, the average company produced over 101.7 million tonnes of hazardous waste in 2018. These solvents are often incinerated or landfilled, destroying up to 90 percent of their value. Fortunately, there’s a better option with Solvent Recycling Systems.
How Solvent Washer Can Earn You Profit Using a Solvent Recycler.
Our technology enables a complete transformation of your solvent production plant in a simple and fast retrofit. It works with the systems you have presently in place, with practically no changes to your current installations. Solvent recovery units are designed to enhance or supplement existing process units. We use proven technology that is easily maintained and versatile in handling a variety of solvent streams from many different sources − from traditional processes to emerging technologies.
Benefits of Using Solvent Recovery:
Quick Look: Benefits of Solvent Recovery & Recycling:
Substantially Reduces need to purchase new solvents
Reduce disposal cost
ROI in a matter of Months
Simplify regulatory reporting
Improves control over hazardous waste liability
Minimize on-site storage of hazardous wastes
Saves your company tons of money
Save money by buying and using only the solvents you need.
Reduce your solvent usage and your costs by up to 80% without sacrificing performance.
Provide the same performance as before, even though you might dedicate more funds to “Hazardous Waste Management”
Benefits of Recycling Industrial Solvents
The primary advantages of solvent recycling are to reduce costs, minimize wastewater treatment requirements, and maintain an acceptable level of environmental safety.
If you’re like most companies, you want to recycle your waste solvents to minimize the hazards they pose to your workers and the environment. But don’t forget there are other benefits to reducing waste solvents. Recycling reduces your generator status (which is good for worker safety) and can help maintain or improve your company’s environmental image, especially in an eco-aware community.
Solvent recycling can be beneficial to your bottom line in two ways. First, it reduces the volume of waste you create and transport to disposal facilities. Second, it can reduce the cost per pound (which is roughly calculated by weighing your waste before and after treatment).
With a robust chemical solvent recycling program, you can demonstrate your commitment to the important issue of environmental impact and your sound environmental practices. The key is a well-executed solvent recycling system that does not impact operations and doesn’t leave behind bad odour or hazardous residue. Thousands of companies currently operate these kinds of programs.
A solvent recycling program is one of the most important things you can do to protect the environment. It safeguards the air, water and soil where your company operates while making good business sense. It pays for itself in reducing waste disposal charges, easing collection logistics and flagging your environmental sensibility.
What if Industrial Solvents are not Recycled?
Consumers are becoming increasingly demanding of the products they buy. Rising expectations of sustainability, health, and convenience are driving companies to innovate. Using solvent recycling to repurpose waste solvent is a key strategy in continuing to meet those demands. Solvent recycling allows your company to ensure that none of its products leaves emissions or hazardous waste as a part of its value chain, and contributes to a greener society as a whole.
In the relatively rare cases that it cannot be reused, there are hazardous waste brokers who would be happy to purchase recovered products from you. This provides a residual benefit when compared to traditional hazardous waste removal where there is no scrap value. Hazardous waste disposal costs can be quite costly, and hazardous waste disposal companies typically charge by the pound. Recycling your hazardous waste products and brokering them will still result in significant cost savings compared to the expense of traditional disposal methods.
If your solvent is not being recycled, then it is going to waste. Or, you’re wasting money using solvent waste collection. Which is not only detrimental to the environment but a waste of resources. According to the EPA, approximately 90% of solvents are not recycled- that’s a lot of businesses who are leaving money on the table by not recycling their solvent. Are you one of them?
If you switch to becoming a solvent recycler, your company could end up repurposing up to 90% of used solvents. This translates to thousands of dollars, in your company’s profit margin, every year. Simply by recycling solvent.
Still Not Convinced? Check This Out:
For a simplistic example, let’s look at the recovery of used solvents generated:
$6,100/year relative to the cost of traditional hazardous waste removal.
If these used solvents could not be recovered, they would have to be incinerated at an estimated cost of $50,000/year.
The net tangible benefit of the recycling project can be around $44,900/year.
Process to Recycle Industrial Solvents
Getting started is easy. Simply request a quote and we will help you identify the perfect solution that will not only benefit your company’s environmental footprint but the company’s bottom line too.
Industrial solvents can be processed at waste processors to render a percentage of their bulk into reusable products—typically as much as 80 percent. Depending on the system employed, either the original solvent or its recycled surrogate may serve as a vehicle to cross-linked thermoset polymers used in composites, adhesives, plastisols, and other industrial applications. With the exception of chlorinated solvents, it is also possible to recover aromatic components intact.
The waste solvents are placed into a machine that cleans the formulation. This is typically done using vaporization and distillation. The solvent is recovered by cooling the vapours until they turn back into a liquid. When that happens, the solute separates from the solvent, thereby making it ready for reuse. During the distillation processes, the solute (the polluting substance) and the solvent are separated. The vaporized solvent is then cooled, where it changes back into its liquid form. The vaporization helps to separate the two so that you are left with the clean solvent ready for repurposing.
Another process is called fractionation. Fractionation involves purifying waste solvents by forcing them through small tubes at different temperatures. The result is the same as with distillation: The solvent is purified to its original state and is ready for reapplication.
The Bottom Line:
Solvents and thinners are hazardous substances not fit for disposal in your regular garbage.
The amount of waste generated by industrial operations is unnecessary with today’s environmentally friendly waste solvent recycling options.
Spent solvents can actually end up increasing your company’s profit. Transportation and disposal of solvents and chemicals have a high cost, and companies are beginning to embrace the benefits of solvent reclamation for their industrial solvents and chemicals.
In today’s business world, many enterprises would prefer to avoid the disposal of any waste material. As a result, a properly planned and executed solvent recycling program would be a wise investment. An effective solvent recycling program can improve the overall efficiency of an organization by allowing for greater material reuse, reduce compliance risks and liabilities, and help achieve significant cost savings over time.
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Global Ethyl Orthoformate Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Ethyl Orthoformate Market 2019-2024 added by DecisionDatabases.com
Ethyl Orthoformate is same as Triethyl orthoformate and CAS Number is 122-51-0, triethyl orthoformate is an organic compound with the formula HC(OC2H5)3. It is a colorless volatile liquid. It is orthoester of formic acid. Commercially available, the industrial synthesis is from hydrogen cyanide and ethanol.
Ethyl Orthoformate can be used in Drug?Pesticide?Coating and Spice. The drug is the main use of the Ethyl Orthoformate with the share of about 80.13% in the world in 2016.
The worldwide market for Ethyl Orthoformate is expected to grow at a CAGR of roughly 6.6% over the next five years, will reach 74 million US$ in 2024, from 51 million US$ in 2019.
This report focuses on the Ethyl Orthoformate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
· Shandong Sinobioway
· Hebei Chengxin
· Fushun Shunte
· Linshu Huasheng Chemical
· Zichuan Xinhua Chemical
Market Segment by Regions, regional analysis covers
· North America (United States, Canada and Mexico)
· Europe (Germany, France, UK, Russia and Italy)
· Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
· South America (Brazil, Argentina, Colombia etc.)
· Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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There are 15 Chapters to deeply display the Global Ethyl Orthoformate market.
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Global Methyl Ethyl Ketone (MEK) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 @
https://www.decisiondatabases.com/ip/27395-methyl-ethyl-ketone-mek-market-analysis-report
Global Ethyl 3-ethoxypropionate Market by Manufacturers, Regions, Type and Application, Forecast to 2023 @
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Global Methyl Mercaptan Market by Manufacturers, Regions, Type and Application, Forecast to 2023 @
https://www.decisiondatabases.com/ip/26890-methyl-mercaptan-market-analysis-report
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Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 9028057900 Web: https://www.decisiondatabases.com/
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