#Glycol Ethers Procurement

[industrynewsupdates]

A Comprehensive Guide to Glycol Ethers Procurement Intelligence

The glycol ethers category is expected to grow at a CAGR of 5.74% from 2023 to 2030. There is a growing urbanization and an increase in the number of construction projects that led to rising demand for paint and coatings activities, which in turn is expected to drive the category growth. Glycol ether's rapid drying time and better printing quality make it beneficial for the printing industry. Further, glycol ethers are utilized in a variety of personal care items, including sunscreens and cosmetics. It has a high boiling point and superior solvent characteristics, which make the molecule a crucial reagent in the production of numerous personal care products which will drive the glycol ethers market growth. The Asia-Pacific region accounts for the largest category share in 2020 as the region's rapidly growing population has increased global demand for a wide range of commodities for industries such as automobiles, pharmaceuticals, and personal care.

Recent technology advancements in DCS control systems and automatic production processes to accelerate the process cycle, reduce overall costs, and gain a competitive advantage in the global economy. For instance, Jiangsu Dynamic Chemical Co., Ltd. has set up two sets of Ethylene oxide (EO) production equipment with yearly capacities of 60,000t and 100,000t after introducing cutting-edge technology from a U.S. based company, SD company that provides R&D services and supplies products and components related to technology and engineering. The manufacture of EO has enhanced the industry chain of glycol ethers while increasing the core competitiveness of Jiangsu Dynamic Chemical Co., Ltd. The DCS control system is used throughout the entire production process to achieve automatic production. All automatic control devices have now reached the most advanced level within the same chemical industry categories globally. This will assist in achieving the company's operating principles, which are to put environmental preservation at the center of their operations, prioritize management, be driven by technical innovation, and manufacture high-quality products continuously to reach new heights.

Order your copy of the Glycol Ethers Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

This category's three main cost components are labor, raw material, machinery, and technology costs. Other costs involved are utility costs, packaging, and transportation costs. The raw materials used in the production of glycol ethers are ethylene oxide and propylene oxide which are highly volatile in terms of price. Price fluctuations of raw materials can influence a manufacturer's profitability and cost structure. Glycol ether prices in the North American region were stable at the beginning of June 2023. However, the prices went up as a result of rising production costs and rising feedstock ethylene oxide prices in North American region during mid of Q2 2023. During the recession, there was a shortage of labor, and production rates were low due to high labor costs. As a result, production costs and glycol ethers prices increased in the mid of Q2 2023 despite stable supply and demand dynamics and limited glycol ethers availability.    

Countries such as China, Japan, and India are the most preferred sourcing destinations for this category. China's significant technological advancement, environmental consciousness, government support as well as manufacturing capabilities made this region preferred for sourcing. This helped China to enhance and respond to the rising demand for this category by delivering essential solvents and additive manufacturing of paints, textiles, medicines, and automotive components. Selecting a supplier that is equipped to meet standards and assurance practices is considered to be an important sourcing practice in this category. The suppliers must be equipped to meet the United States Food and Drug Administration (FDA) regulations for use in food-related applications along with other standards and assurance practices. Other best sourcing practices include purchasing raw materials from low-cost nations and having strong technology capabilities.

Glycol Ethers Procurement Intelligence Report Scope

• Glycol Ethers Category Growth Rate: CAGR of 5.74% from 2023 to 2030

• Pricing growth Outlook: 5% - 6% (Annually)

• Pricing Models: Fixed pricing model

• Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence

• Supplier Selection Criteria: Production capability, Types (P-series, E-series, etc.), Form available (powder, pellets, liquid, etc.), Packaging quantity, Technical specifications, Operational capabilities, Regulatory standards and mandates, Category innovations, and others

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Browse through Grand View Research’s collection of procurement intelligence studies:

• Glycerin Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Graphite Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Key companies profiled

• BASF SE

• The Dow Chemical Company

• Eastman Chemicals Company

• FBC Chemical

• Hannong Chemicals

• Henan GP Chemical

• Huntsman Corporation

• INEOS

• India Glycols Limited

• Jangsu Yida Chemical

• Kemipex

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research��provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

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Polytetramethylene Ether Glycol (PTMEG) Prices | Pricing | Trend | News | Database

Polytetramethylene Ether Glycol (PTMEG) is a versatile and high-performance polymer that plays a crucial role in the production of spandex fibers, polyurethane elastomers, and copolyester-ether elastomers. Given its wide-ranging applications across various industries, fluctuations in PTMEG prices have a significant impact on manufacturers and end users alike. Understanding the factors that influence PTMEG prices is essential for businesses that rely on this material, as it can help them make informed decisions in their procurement and production processes. In recent years, the price trends of PTMEG have been shaped by a combination of raw material availability, demand-supply dynamics, energy costs, and broader macroeconomic conditions.

Get Real Time Prices for PTMEG: https://www.chemanalyst.com/Pricing-data/polytetramethylene-ether-glycol-ptmeg-1278

PTMEG is primarily derived from 1,4-butanediol (BDO), a chemical intermediate produced from either petrochemical or bio-based feedstocks. The price of BDO, in turn, is heavily influenced by crude oil prices and the availability of natural gas. Consequently, fluctuations in global oil markets have a direct impact on the cost of PTMEG production. When crude oil prices rise, the production costs for BDO increase, driving up PTMEG prices. Conversely, when crude oil prices fall, there is often a corresponding decrease in PTMEG prices. This close relationship between PTMEG prices and oil market trends means that geopolitical events, supply disruptions, and changes in OPEC policies can have a ripple effect on the entire value chain.

Another key factor influencing PTMEG prices is the balance between supply and demand. PTMEG is used extensively in the textile and automotive industries, particularly in the production of spandex and elastomeric materials. When demand for these end products rises, particularly in growing markets such as Asia-Pacific, the demand for PTMEG also increases. This puts upward pressure on prices, especially when supply is tight or disrupted. Conversely, when demand for spandex or elastomers slows, PTMEG prices can experience downward pressure due to excess supply in the market. In recent years, fluctuations in demand from the automotive and textile sectors have contributed to periodic volatility in PTMEG pricing.

Supply chain dynamics also play a crucial role in PTMEG price fluctuations. The global nature of PTMEG production means that any disruptions in the supply chain, such as plant outages, transportation bottlenecks, or trade restrictions, can lead to temporary shortages and price spikes. For example, unplanned maintenance or production issues at key PTMEG manufacturing facilities can reduce output and tighten global supply, causing prices to rise. Similarly, logistical challenges, such as port congestion or freight cost increases, can contribute to higher prices, particularly when raw materials or finished products are being shipped across international borders.

Energy costs also significantly influence the cost of producing PTMEG. The production of PTMEG is energy-intensive, and manufacturers rely on a stable supply of electricity and natural gas to run their operations. When energy prices rise, manufacturers face higher operational costs, which are often passed on to consumers in the form of higher PTMEG prices. This is particularly evident in regions where energy costs are volatile, such as in Europe, where fluctuations in natural gas prices due to geopolitical tensions can lead to higher manufacturing costs. In contrast, regions with more stable and lower energy prices, such as North America, may experience less volatility in PTMEG pricing.

Another aspect that affects PTMEG pricing is environmental regulations and sustainability concerns. As governments worldwide implement stricter regulations aimed at reducing carbon emissions and promoting environmentally friendly practices, chemical manufacturers are increasingly under pressure to adopt cleaner technologies and reduce their environmental footprint. This shift often requires significant capital investments in cleaner production processes, which can raise the overall cost of PTMEG production. As companies invest in greener technologies or transition to bio-based alternatives, the cost of producing PTMEG may increase, leading to higher prices for consumers. However, there is also the potential for long-term cost savings if bio-based production methods become more efficient and cost-effective.

The broader macroeconomic environment also plays a role in PTMEG price trends. Economic slowdowns or recessions, particularly in major economies such as China, the United States, and Europe, can lead to reduced demand for industrial products, including those made from PTMEG. During times of economic uncertainty, manufacturers may cut back on production, leading to a decrease in demand for PTMEG and a subsequent drop in prices. On the other hand, during periods of economic expansion, demand for spandex, elastomers, and other PTMEG-based products tends to rise, pushing prices higher. Additionally, fluctuations in exchange rates can also affect PTMEG prices, particularly for manufacturers that import raw materials or export finished products. A stronger local currency can reduce the cost of imports, while a weaker currency can make exports more competitive.

In conclusion, PTMEG prices are influenced by a complex interplay of factors, including raw material costs, supply-demand dynamics, energy prices, supply chain disruptions, environmental regulations, and macroeconomic conditions. Businesses that rely on PTMEG must stay informed about these factors to anticipate potential price fluctuations and adjust their strategies accordingly. By closely monitoring trends in crude oil prices, demand from key industries, and developments in energy and environmental regulations, manufacturers can better navigate the challenges posed by PTMEG price volatility. As the global economy continues to evolve, so too will the factors shaping PTMEG prices, making it essential for industry stakeholders to remain vigilant and adaptable.

Get Real Time Prices for Polytetramethylene Ether Glycol (PTMEG): https://www.chemanalyst.com/Pricing-data/polytetramethylene-ether-glycol-ptmeg-1278

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Comprehensive Analysis of Beta-Ionone Production: Manufacturing Process, Raw Material Needs, Costs, and Key Process Insights - Procurement Resource Report

The latest report titled “Beta-Ionone Production Cost Analysis Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Beta-Ionone.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://www.procurementresource.com/production-cost-report-store/beta-ionone/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Beta-Ionone production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Beta-Ionone Production Process:

From Condensation Reaction: This report presents the detailed production methodology and cost analysis of Beta-Ionone industrial production across Beta-Ionone manufacturing plants. The production process starts when citral reacts with acetone, catalyzed by a dilute caustic soda solution in an alkaline environment. Following this, the mixture is subjected to treatment with an acidic substance, like sulfuric or phosphoric acid. This series of reactions ultimately leads to the formation of beta-ionone as the final product.

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Product Definition:

Beta-ionone, a colorless to yellow liquid with the formula C13H20O, is notable for its woody and floral scent, complemented by a fruity, berry-like taste. With a molecular weight of 192.30 g/mol, this compound is part of the ionone family, featuring a distinct 2,6,6-trimethylcyclohex-1-en-1-yl group. It freezes around -35°C and boils at 271°C. Recognized for its flammability, beta-ionone has a flash point above 113°C and is largely insoluble in water and glycerol, yet soluble in alcohols like ethanol and methanol, as well as in mineral oils, propylene glycol, ether, chloroform, and benzene. It boasts a density of 0.94 g/cm^3 and remains stable under standard conditions, though it decomposes at high temperatures, with an autoignition point of 250°C. Widely used in the food, beverage, perfumery, and cosmetics industries, beta-ionone enhances flavors and fragrances across a variety of products. It contributes to the creation of perfumes and adds fruity and floral notes to items such as candles and personal care products. Furthermore, it serves as a precursor in synthesizing vitamin A and is employed in making insect-repellent formulations.

Market Drivers:

The global demand for beta-ionone is fueled by its widespread use as a flavoring agent across several key industries, including perfumery, cosmetics, food, and beverages. This compound is a critical ingredient in the manufacture of various perfumes, significantly contributing to its market presence. Its role in creating cosmetics and personal care items further solidifies its importance in the cosmetic sector by adding a desirable fruity scent and flavor to products. Beta-ionone's application extends to the food industry, where it enhances food and drink products as an additive. The compound's utility in synthesizing essential chemicals, such as vitamin A, also boosts its significance in the chemical industry. This broad spectrum of applications positions beta-ionone as a crucial driver in its market, influencing its widespread procurement on a global scale.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

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Global Tetrahydrofuran (THF) Market is Estimated to Grow at a CAGR of 6.85% by 2030 | ChemAnalyst

According to ChemAnalyst report, “Global Tetrahydrofuran (THF) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Tetrahydrofuran market has shown a promising growth in the past five years and is projected to achieve a CAGR of 6.85% during the forecast period. Growing demand for spandex and paints and coatings coupled with the increasing demand from other end use industries is expected to drive the demand of tetrahydrofuran for the forecast period. Tetrahydrofuran is an organic, volatile, and water-soluble compound, manufactured through several processes such as Reppe process, Davy process, Propylene Oxide process, Butadiene process. Among these processes, the Reppe process leads the global market for tetrahydrofuran due to its industrial viability and low cost.

Get more information: https://www.chemanalyst.com/industry-report/tetrahydrofuran-market-586

Tetrahydrofuran is also used as an intermediate in the manufacturing of PVC, magnetic tapes, adhesives etc. and used as solvent for plastics. Polytetramethylene ether glycol (PTMEG) and solvents are the major applications of THF. PTMEG is used in the manufacturing of spandex and other polyurethanes and there is a high demand of Spandex in the Textile industry whereas polyurethane has wide range of applications like foams, insulation panels, seals, automotive suspension bushings etc. Therefore, major end use industries for Tetrahydrofuran include polymer, textile, chemicals, pharmaceutical, paints and coatings, automotive, construction and others. The growing demand of Tetrahydrofuran in the production of Polyurethanes and PVC are fueling the market for Tetrahydrofuran globally.

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In 2020, COVID-19 outbreak in major global economies caused nationwide lockdowns which had an impact on a number of industries. Construction, Automobile and Textile were among the most affected industries during the pandemic. This had a negative impact on the demand of paints and coatings and spandex which ultimately affects the market for Tetrahydrofuran. However, the growing demand for THF from Asia Pacific and North America is projected to boost its market in the forecast period.

Regionally, Asia Pacific dominates the Global tetrahydrofuran market and holds the largest market share in due to the presence of textile hub in China and India coupled with the rapid growth automotive as well as pharmaceutical sectors in the region. Heavy demand from PTMEG industry is likely to propel the Asia Pacific market for Tetrahydrofuran in the forthcoming years. Moreover, increasing demand for spandex in US and Europe for textile industry is expected to boost the market for Tetrahydrofuran in the region.

According to ChemAnalyst report, Global Tetrahydrofuran Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global tetrahydrofuran market are BASF SE, Ashland, Baren Chemicals Industries, INVISTA, Dairen Chemical, Mitsubishi Chemical co. Ltd, LyondellBasell, Sipchem Chemical Industry, Nova Molecular Technologies, BioAmber Inc., and Sigma-Aldrich Corp.

“Due to wide range applications of Tetrahydrofuran and its derivative such as PTMEG, there is a high demand for it in the end use industries including Polymer, Textile, Construction, Automobile, Paints & Coatings, Packaging, Chemicals and Pharmaceuticals which drives the global market for Tetrahydrofuran. China, India and Japan are the key growth regions with sufficiently installed capacities for Tetrahydrofuran in APAC region. Additionally, North America and Europe are also predicted to grow at a significant rate for the forecasted period. With the new competitors emerging across the Asia Pacific Tetrahydrofuran market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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Air Freshener Market Expected to Reach $13,279.1 Million by 2025 - Allied Market Research

According to a new report published by Allied Market Research, titled, "Air Freshener Market by Product Type, Application, and Type of Customers: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," the global air freshener market size was valued at $10,124.4 million in 2017, and is expected to garner $13,279.1 million by 2025, registering a CAGR of 3.5% from 2018 to 2025. An air freshener is a product that typically emits fragrance to eliminate unpleasant odor in a room. It contains different ingredients such as aerosol propellants, fragrances, and solvents such as 2-butoxyethanol, mineral oil, and glycol ethers, which neutralize unpleasant odor. These air fresheners adsorb the bad odor, thereby masking the bad smell in the air. Air fresheners are being used throughout society. Typically, indoor environments with air fresheners may include buildings and facilities such as offices, schools, hospitals, theaters, stores, hotels, health clubs, restaurants, restrooms, and more. Apart from these indoor environments they are also being used in transportation such as airplanes, cars, taxis, buses, trains, terminals, boats, and many more.

Get a sample of the report @ https://www.alliedmarketresearch.com/request-sample/815

The growth of the air freshener industry is driven by increase in disposable income of people along with rise in the living standards of consumers around the globe. Moreover, increase in concerns over indoor air quality have led to a high demand for air fresheners worldwide. Furthermore, rapid growth in car sales along with a surge in number of pets ownerships and increase in consumers’ willingness to use premium air fresheners are expected to boost the growth of the global air freshener market. However, high cost of production hampers the widespread adoption and act as the major restraint for the global air freshener market. On the contrary, increase in demand for high-end lifestyles and luxury in everyday lives provides lucrative opportunity for the use of air fresheners in an extensive manner. The need for luxury has increased at a rapid pace due to rise in disposable income of individuals. Moreover, bad odor in hospitals or healthcare centers due to chemicals and bacterial infections fuels the demand for air fresheners. In near future, these areas would be prime opportunity areas for the growth of the air freshener industry.

The sprays/aerosols segment accounted for the highest share in the product type segment. The market for sprays/aerosols is driven by ease of use and availability all over the world. The gel air freshener segment is expected to witness substantial growth with CAGR of 4.2% throughout the forecast period. This was attributed to increase in adoption of this product for use in cars. There has been a surge in the growth of cars, which has positively impacted the growth of gel air fresheners worldwide.

The household segment dominated the application segment in the air freshener market. This was attributed to favorable demography and rise in inclination toward sanitation throughout the globe. However, the car segment is projected to grow at the highest CAGR of 4.0% throughout the forecast period. This was attributed to increased disposable income and rise in affinity of consumers to spend on premium products. Moreover, surge in the growth of the automobile industry has also helped achieve this high growth rate.

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The individual customers had the highest share in the “type of customer” segment. This was due to rise in affinity of consumers toward sanitation and premium products. Moreover, attractive advertising and ease of availability also drive the global air freshener market growth. The enterprise customer segment is expected to witness the highest CAGR of 4.3% throughout the air freshener market forecast owing to increase in adoption of air care products in offices and other landmarks to maintain good environmental hygiene.

Key Findings Of The Study

Based     on product type, the sprays/aerosols segment was the highest contributor     to the air freshener market and is expected to grow at a CAGR of 4.3% from     2018 to 2025.

Based     on application, the households segment was the highest contributor to the     market in terms of value in 2017 and is estimated to grow at a CAGR of     3.0% from 2018 to 2025.

Based     on the type of customer, the individual customer segment is expected to     grow at a steady CAGR of 3.2% from 2018 to 2025.

Electric     air freshener segment accounted for 30.5% of the total air freshener     market share in 2017 and is estimated to grow at a CAGR of 2.9%.

In terms of value, Europe contributed around one-third of the global air freshener market share in 2017. The key players profiled in the report include Procter & Gamble Co., Reckitt Benckiser Inc., Henkel KGaA, Church & Dwight Co. Inc., Car-Freshener Corporation, SC Johnson & Son Inc., Kobayashi Pharmaceutical Co. Ltd., Godrej Household Products Ltd., Farcent Enterprise Co. Ltd., and Newell Brands. The other market players (not profiled in this report) include Air Delights Inc., Dabur India Ltd., Hamilton Beach Brands Holding Company, Rexair LLC, Beaumont Products, Inc., Scott's Liquid Gold, Dr. Marcus International, Jelly Belly UK, Pinnacle Horizons Pty Ltd, and Balev Corporation Eood.

To know more about the report @ https://www.alliedmarketresearch.com/air-freshener-market

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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Oxo-Alcohols Market  Analysis,  Demand, Product Types, Consumption ratio and Market Statistics 2020-2027 | Dow Chemical Company, Arkema, Eastman Chemical Company, etc.

Oxo-Alcohols Market Report Forecast To 2027

Reports and Data has released a new research report on the Global Oxo-Alcohols Market to its ever-expanding database. The report simplifies this study this using a series of channels, including data ranging from rudimentary data to meticulously drawn estimates. It encompasses all the prime factors that are foreseen to shift in the market. The information that is furnished in the report will prove to be extremely useful to all the entrants and potential investors in the Oxo-Alcohols market.

Based on the industrial chain, this study majorly talks about the definition, types, applications, and major players of the Oxo-Alcohols market in detail. The study includes an exhaustive analysis of the global Oxo-Alcohols market status (2016-2018), competitive scenario, advantages and disadvantages of different products and different market players, industry development trends and insights (2020-2027), and regional dominant participants.

The report includes the latest coverage of the impact of COVID-19 on the Oxo-Alcohols industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.

To Get Sample Copy of Report visit @ https://www.reportsanddata.com/sample-enquiry-form/2606

Key players in the Oxo-Alcohols market:

Dow Chemical Company, Arkema, Eastman Chemical Company, Qatar Petroleum, BASF, ExxonMobil Chemical Company, LG Chem, Mitsubishi Chemical Corporation, and PETRONAS, among others.

Product Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

n-Butanol

iso-Butanol

2-Ethylhexanol

Others

Applications Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Plasticizer

Acetate

Acrylates

Solvents

Glycol Ethers

Others

Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Online

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The Oxo-Alcohols report consists of vast financial data procured from various sources to provide meticulous and accurate deductions. Assessment of significant market trends expected to have a substantial impact on the market over the following years, including a detailed simplification of the market segmentation, constituted by sub-markets, on regional and global levels, are also offered in the study. The report also provides an all-inclusive outlook of the Oxo-Alcohols market, along with strategic recommendations and promising sectors in the Oxo-Alcohols market.

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Regions taken into consideration in this study:

North America

•    U.S.

•    Canada

Europe

•    Germany

•    U.K.

•    France

•    Italy

•    Spain

•    Russia

Asia Pacific

•    China

•    India

•    Japan

•    Australia

•    South Korea

•    New Zealand

•    Rest of APAC

Latin America

•    Brazil

•    Mexico

•    Rest of Latin America

Middle East and Africa

•    U.A.E.

•    Saudi Arabia

•    South Africa

•    Rest of MEA

Features of the Oxo-Alcohols Market report:

1 A comprehensive database of essential market aspects to help the reader stay ahead in the competition.

2. The market has been classified based on product types, applications, end-users, as well as industry verticals, considering numerous factors. With an elaborate market segmentation, further analysis has been carried out effectively. For better understanding and a thorough investigation of the market, the key segments have further been divided into sub-segments.

3. In the following sections, drivers of the market have been discussed. This data has been procured from the primary and secondary sources that have been approved by the market experts. It helps in better understanding the crucial market segments, their prospects, and trends. 4. Recent developments in the industry and the players have also been discussed at large in the report.

5. The Oxo-Alcohols market research report also gives out a six-year forecast on the market prospects and how did the analyst arrive at that conclusion.

Find the extensive Report Description, TOC and Table of Figure @ https://www.reportsanddata.com/report-detail/oxo-alcohols-market

In conclusion, the Oxo-Alcohols Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

[anitakumarigrewal]

Growing Scenario of Ethylene Global Market Outlook: Ken Research

The ethylene market effectively consists of sales of ethylene and its connected services. Ethylene is an acyclic hydrocarbon, optimized in the manufacture of polymers such as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC) and polystyrene (PS) as well as fibers and several other organic chemicals.

According to the report analysis, ‘Ethylene Global Market Report 2020’ states that in the ethylene global market there are several corporate which recently operating more effectively for leading the highest market growth and registering the handsome value of market share during the short span of time while decreasing the linked prices, delivering the better consumer satisfaction, employing the young work force, implementing the profitable strategies, analyzing and monitoring the strategies and policies of the competitors and government, establishing the several research and development programs, developing the applications of such and developing the specifications of the production function includes AkzoNobel, BASF SE, Borealis, Chevron Phillips Chemical Company LLC, China Petrochemical Corporation, China Petroleum & Chemical Corporation, Clariant, Dow Chemical, Equistar Chemicals and Exxon Mobil Corporation.

The worldwide ethylene market reached a value of approximately USD 222.1 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.25% since 2015, and is expected to increase at a CAGR of 4.77% to approximately USD 267.6 billion by 2023.The ethylene market has been geographically divided into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. The Asia Pacific was the largest region in the ethylene market during 2019.

Throughout the historic period, enlarged ultimatum for polythene products underwritten to the ethylene market's growth. Ethylene is majorly utilized in polyethylene products such as low density polyethylene (LDPE), high density polyethylene (HDPE) and linear low density polyethylene (LLDPE). The polyethylene market has grown up substantially owing to the augmented demand for plastic across the world. The great penetration of plastics in electronic products and frothy products in vehicles has improved the consumption of plastics. According to National Geographic, 40% of the plastic fashioned every year is single-use plastics. In addition, the production of plastic enlarged exponentially to 448 million tons by 2015 from 2.3 million tons throughout 1950 and this number is being projected to double by 2050. Such factors that have influenced the approval of polyethylene impacted the growth of the ethylene market.

Although, the ethylene introducing companies are financing in ways to advance bio-based green polyethylene compound. Such plastic are easy to harvest, consume less energy and proposes the same versatility of chemically synthesized plastic. Following the trend, Braskem, a Brazil based bio polymer creator, during 2018 partnership with LEGO Group, a Danish toy manufacture company, to supply its I'm greenT polyethylene. I'm greenT polyethylene is a plastic made from sugarcane which is 100% environmental and contributes to the lessening of greenhouse gases.

During August 2019, Huntsman Corporation arranged to sell its ethylene business to Indorama Ventures for USD 2 billion. This procurement will add products such as ethylene, ethylene oxide and monoethylene glycol, encompassing the product profile of Indorama Ventures and will support the PET feedstock supply chain and progress its position as PET constructer. The deal delivers Indorama Ventures admittance to a number of fresh derivative products, involving propylene/PO derivatives, surfactants, ethanolamines, glycol ethers and MTBE. However, the Indorama Ventures is an intermediate petrochemicals industry. Therefore, in the near years, it is predicted that the market of ethylene will increase around the globe more actively.

For More Information, click on the link below:-

Global Ethylene Market Research Report

Related Reports:-

Global Styrene Ethylene Butylene Styrene (SEBS) Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

[ritsniya-blog]

Phenol belongs to aromatic group and is used in the chemical industry as an intermediate to produce bisphenol A. It is also used as disinfectants for the cleaning industry. It's another area of application is as medical grade antiseptic for the medical industry. Procurement Resource provides an in-depth cost analysis of Phenol production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer additional analysis of the report with detailed breakdown of all cost components (Capital Investment Details, Production Cost Details, Economics for another Plant Location, Dynamic Cost Model).

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https://www.procurementresource.com/cost-analysis/dmc-production-via-catalytic-redox-process

https://www.procurementresource.com/cost-analysis/methyl-tertbutyl-ether-production-from-butane-and-methanol

https://www.procurementresource.com/cost-analysis/trimethylene-glycol-production-from-glycerol

About Us:-

In this era of globalisation and continuous economic changes, comprehensive market intelligence and research have become an important aspect of doing a business. Intense competition in all the industries has made the sourcing of various goods and services an important aspect of maintaining profitability and staying at the forefront of one’s industry.

We, at Procurement Resource, track the prices of various commodities and goods worldwide to offer our clients the best intel which can aid their sourcing decisions with data backed insights. Our experienced analyst and domain experts provide critical supplier intelligence in the form of market report, cost models, price analysis, benchmarking, category insights, etc. to facilitate a confident and easy procurement process.

Name:- Rits Bhanushali, Corporate Sales 264 1st St, Brooklyn, NY 11215 https://www.procurementresource.com/ USA:- +1-213-316-7435 India:- +91 8586081494 Europe & Asia:- +44 702-402-5790

[expertmarketresearch]

Curing Agents Market Expected to Grow at a CAGR of 5% over the forecast period of 2020-2025.

The global curing agents market size will expand at a CAGR of 5% over the forecast period of 2020-2025.

Competitive Landscape & Supplier Analysis:

Evonik Industries.(OTCMKTS: EVKIF)

Hexion Inc.(OTCMKTS: HXOH)

BASF SE.(OTCMKTS: BASFY)

Huntsman Corporation.(NYSE: HUN)

Olin Corporation (NYSE: OLN)

Cardolite Corporation. .

Kukdo Chemical Co., Ltd..

Others

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/request?type=report&flag=H&id=465

Curing Agents Market Breakup by Type:

Epoxy Curing Agent

Polyurethane-Based Curing Agents

Silicone Rubber

Others

The types of global curing agents market include Epoxy Curing Agent, Polyurethane-Based Curing Agents, Silicone Rubber, Others.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/curing-agents-market

Curing Agents Market Breakup by Application:

Coatings

Electrical & Electronics

Wind Energy

Construction

Composites

Adhesives

Others

The applications of global curing agents market include Coatings, Electrical & Electronics, Wind Energy, Construction, Composites, Adhesives, Others.

Curing Agents Market by Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

The regional markets for global curing agents market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Related Links:

https://www.expertmarketresearch.com/reports/textile-dyes-market https://www.expertmarketresearch.com/reports/glycol-ethers-market https://www.expertmarketresearch.com/reports/india-powder-coatings-market https://www.expertmarketresearch.com/reports/methyl-isobutyl-ketone-market

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Contact us

Expert Market Research Twitter: @expertmresearch Website: https://www.expertmarketresearch.com/ Email: sales@expertmarketresearch.com USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790 LinkedIn: https://wwwlinkedincom/company/expert-market-research/

[chrisbyrdreal]

PO (Propylene Oxide) is a colourless volatile chemical intermediate. It is used in the production of propylene glycols, polyether polyols, and propylene glycol ethers. Procurement Resource provides an in-depth cost analysis of Purified PO(Propylene Oxide) production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer additional analysis of the report with detailed breakdown of all cost components (Capital Investment Details, Production Cost Details, Economics for another Plant Location, Dynamic Cost Model).

[marshalljohn080-blog]

Fruit Juice Market Steered by Consumer’s Stronger Pursuit of a Healthy Lifestyle

Fruit juices have today become an essential part of human diet and are preferred by all the age groups as they are a good source of instant energy and vital nutrients. Fruit juices can be easily obtained by extracting the pulp of fruits and are generally consumed as a beverage or may be used for flavouring in foods. According to a new report by Expert Market Research, the global market for fruit juice and nectars was worth 47 Billion Litres in 2018 and is further expected to reach a volume of 54 Billion Litres by 2024.

Get a Free Sample Report – https://www.expertmarketresearch.com/request?type=report&flag=B&id=40

Fruit juice market represents one of the fastest growing sectors and is currently evolving at a fast pace. The global fruit juice market is gaining impetus due to a number of factors. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market.  Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, increasing disposable incomes, product innovations, premiumisation and growing demand from emerging markets are also inducing the growth of the global market for fruit juices.

Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/fruit-juice-market

Key findings from the report:

1. Various flavours of fruit juices available in the market are orange, apple, mix fruit, grape and others. In 2018, orange represented the most popular flavour and accounted for the majority of the global fruit juice market. Orange was followed by apple, mix fruit and grape. 2. Different types of fruit juices available in the market are frozen, chilly ready-to-serve, shelf stable and others. 3. Region-wise, North America represented the world’s largest fruit juice market with a share of nearly one-fourth of the total global consumption. North America was followed by Europe, Asia-Pacific, Latin America and Middle East & Africa. 4. The market demand has more or less matured in the developed markets, so it is likely to decline in the coming years. On the other hand, the demand for fruit juices are expected to rise in the emerging market such as China and India. 5. The global fruit juice market is surrounded by some of the top players, namely, Coca Cola, PepsiCo, Wild, Jugos and Manpasand Beverages Ltd.. Coca Cola and PepsiCo represented the biggest global producers of the fruit juices.       6. These players are coming up with new product developments in conjunction with technological advancements which have improved the marketing of their products like single serve aseptically packaged fruit juices, fruit roll-ups, fruit juice blends etc.

Expert Market Research has analysed the global fruit juice market according to flavour, type, major regions and top players:

Market breakup by Flavour:

1. Orange 2. Apple 3. Mix Fruit 4. Grape 5. Others

Market breakup by Type:

1. Frozen 2. Chilly Ready-to-serve 3. Shelf stable 4. Others

Market breakup by Region:

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

Top players:

1. Coca Cola 2. PepsiCo 3. Wild 4. Jugos 5. Manpasand Beverages Ltd.

Related Links:

https://www.expertmarketresearch.com/reports/glycol-ethers-market https://www.expertmarketresearch.com/reports/tablet-coatings-market https://www.expertmarketresearch.com/reports/titanium-dioxide-market https://www.expertmarketresearch.com/reports/india-powder-coatings-market

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients  We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises  Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential  We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Contact us

Expert Market Research Twitter: @expertmresearch Website: www expertmarketresearch com Email: sales@expertmarketresearch com USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790 LinkedIn: https://www linkedin com/company/expert-market-research/

[chemanalystdata]

Glycol Ether Prices | Pricing | Trend | News | Database | Chart | Forecast

 Glycol Ether Prices are a class of solvents commonly used in a variety of industrial applications, including paints, coatings, and cleaning products. The prices of glycol ethers can fluctuate based on several factors, including raw material costs, supply and demand dynamics, and global economic conditions. Understanding these price variations is crucial for businesses that rely on glycol ethers for their products and processes.

The primary raw materials for glycol ethers are ethylene oxide and propylene oxide. Fluctuations in the prices of these chemicals can significantly impact the cost of glycol ethers. For example, if the cost of ethylene oxide increases due to supply shortages or geopolitical factors, the price of glycol ethers produced from it may also rise. Conversely, a drop in the cost of raw materials can lead to lower glycol ether prices. Additionally, the production capacity and technological advancements in manufacturing processes can influence pricing. Innovations that improve efficiency or reduce production costs can result in more stable or lower prices for glycol ethers.

Get Real Time Prices for Glycol Ether: https://www.chemanalyst.com/Pricing-data/glycol-ether-49

Global supply and demand play a critical role in determining glycol ether prices. In regions where there is high demand for glycol ethers, such as in emerging markets or areas with significant industrial activity, prices may be higher due to the increased need for these solvents. Conversely, in regions with a lower demand or oversupply, prices may be more competitive. Trade policies and international trade agreements also affect the availability and cost of glycol ethers. Tariffs, export restrictions, and other trade barriers can impact the global flow of glycol ethers, influencing their prices.

Economic conditions and market trends also contribute to the pricing of glycol ethers. During periods of economic growth, industrial production tends to increase, driving up the demand for glycol ethers and potentially leading to higher prices. Conversely, during economic downturns, reduced industrial activity can lead to lower demand and, consequently, lower prices. Market trends, such as shifts in consumer preferences or technological advancements, can also impact the demand for products that use glycol ethers, influencing their prices indirectly.

Another important factor in glycol ether pricing is the cost of transportation and logistics. The distribution of glycol ethers involves shipping raw materials to manufacturing sites and then delivering the finished products to various end-users. Changes in fuel prices, transportation regulations, and logistics efficiency can affect the overall cost structure of glycol ether supply chains, thereby influencing their prices.

Additionally, environmental regulations and sustainability concerns are increasingly shaping the glycol ether market. As regulatory frameworks tighten around the environmental impact of industrial chemicals, companies may face higher costs for compliance and waste management. These costs can be passed on to consumers through higher glycol ether prices. Conversely, companies that invest in greener technologies or sustainable practices may benefit from cost savings and potentially lower prices.

In summary, glycol ether prices are influenced by a complex interplay of raw material costs, supply and demand dynamics, economic conditions, and regulatory factors. For businesses that use glycol ethers, staying informed about these variables is essential for managing costs and ensuring supply chain stability. By keeping an eye on market trends, raw material prices, and global economic conditions, businesses can better navigate the fluctuations in glycol ether prices and make informed decisions about their procurement strategies.

Get Real Time Prices for Glycol Ether: https://www.chemanalyst.com/Pricing-data/glycol-ether-49

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ChemAnalyst

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[endrusmithreal]

Diethylene Glycol Price Trends: An Overview of the Industry Landscape

Diethylene Glycol (C4H10O3) is an inorganic chemical that exhibits characteristic properties of both alcohol and ether groups. It is a stable oily liquid with no color or odor. The compound is slightly viscous and non-corrosive in nature. Diethylene Glycol is a non-volatile, hygroscopic liquid that is soluble in both organic compounds and water.

The boiling point for the chemical measures around 245° C. Hydrolysis of ethylene oxide produces Diethylene Glycol (DEG), the compound comprised of two ethylene glycol molecules linked by the ether bond in between them.

Request for Real-Time Diethylene Glycol Prices: https://procurementresource.com/resource-center/diethylene-glycol-price-trends/pricerequest

Vietnam, South Korea, and China are the primary exporting countries that export DEG. On the other hand, the key importing countries for the same are Vietnam, India, and the Philippines.

Key Details About the Diethylene Glycol Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diethylene Glycol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Diethylene Glycol Price Trends, including India Diethylene Glycol price, USA Diethylene Glycol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Diethylene Glycol Price Trend:

Additionally, DEG produces saturated and unsaturated polyester resins, plasticizers, and polyurethanes. It is included in various personal care products, such as lotions, creams, deodorants, etc. In medical sectors, a diluted solution of Diethylene Glycol is used as a cryoprotectant to prevent ice formation.

Key Players:

CNPC

Reliance Group

SABIC

BASF

Royal Dutch Shell PLC

News & Recent Development

Date: March 10, 2023- India's drug manufacturers banned the supply of propylene glycol sourced from a firm in Delhi that supplied the chemical to Marion Biotech, which produced cough syrup that contained an unacceptable amount of Diethylene Glycol and ethylene glycol, which turned out to be the cause for the death of 18 children at Uzbekistan.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

[fychem-blog]

Tips to Choose the Right Chemical Suppliers

Good suppliers are needed as Businesses using and involving chemicals can grow big enough. A good supplier means good business as you might have heard. About how your business should run only a few are truly concerned although there are a lot of chemical suppliers in the world.

Meeting the following requirements is crucial for a supplier: appropriate chemical labeling and packaging, on-time delivery, safe chemical transportation, approved chemicals like the polyoxyethylene stearate, and top quality. These guidelines can be ensured by only a reputable chemical vendor.

To mitigate the environmental impacts of chemical manufacturing, the government requires chemical suppliers and manufacturers to adhere to current environmental conservation laws and standards. Through systematic chemical packaging and filling, prompt maintenance, and high-tech equipment and facilities this can be ensured.

By virtually, all chemical producers in the country Waste disposal measures are also religiously observed. In developed countries, Environmental contamination is not much of an issue. Regulations established by the government are followed by companies distributing chemicals like the powder polyethylene glycol.

In order to come up with top quality products and optimum service, chemical companies also observe stringent internal policies apart from following legislation's regarding chemical production.

Procuring raw substances for manufacturing and industrial process, most chemical buyers are also businessmen. For instance, on suppliers of sodium hydroxide soap makers heavily rely on. On their products prior to packaging chemical companies run quality tests to meet standards of buyers.

That is why before buying chemical products like the fatty alcohol polyoxyethylene ether, you must ask about how the supplier or manufacturer deals with the production process. From accrediting agencies, you should also be concerned about approval certificates and quality tests.

About the workers in a chemical company, you may not be too concerned but by any means do so if you can have a chance to see workers at work. As for how they behave in the working area affects product output and quality, Employees should adhere to work ethics as well as quality standards of the production process.

Proving their legitimacy, Reputable chemical suppliers post their certifications and accreditation. Regarding shipment methods, packaging, and chemical quality don’t hesitate to ask your prospective supplier questions.

[marketforecastandanalysispo-blog]

BDO –PTMEG - Spandex Market Growth Opportunities, Sales, Revenue, Consumptions, Industry Analysis and Forecasts 2022

Expanding use of 1, 4-Butanediol (BDO) in drug formulations will positively impact the market growth over the forecast period. Chief derivative for 1, 4- butanediol is Tetrahydrofuran (THF). Additionally, THF undergoes catalyze polymerization and forms a white waxy liquid known as polytetramethylene ether glycol (PTMEG). It is further used in polyesters, urethane elastomers and polyamides production. Moreover, PTMEG is essentially being used in Lycra/spandex/elastene fiber production. In terms of value chain, PTMEG may act as an intermediate chemical in production of elastene. BDO plays a key role as a primary feedstock in the process. PTMEG market accounted for significant share in 2014 and will grow lucratively over the forecast period. The industry is regulated by several agencies associated with policies & regulations. Key regulatory policymakers in the market are European Commission, European Chemicals Agency (ECHA) and U.S Food& Drug Administration. The BDO-PTMEG-Spandex market is fragmented in applications and regions. BDO applications include Tetrahydrofurane, Polybutylene terephthalate, Polyurethane and gamma-butyrolactone (GBL). Additionally, THF dominated the market accounting for the major share in 2014. PTMEG applications consist of urethanes, spandex and copolyesters eslatomers. Spandex led the market contributing for the highest share in 2014. Also, rising scope of latter in hygiene products, automotive interiors, textiles and medical wear is credited to market expansion. Browse Full Research Report With TOC: http://www.radiantinsights.com/research/global-bdo-ptmeg-spandex-market Textiles were the major end-user for elastene. Medical & hygiene was the second largest application segment. Escalating safety & hygiene standards in medical facilities in emerging countries will positively affect the segment growth. In addition, automotive interior is likely to experience substantial gains over the coming years. On the basis of regions, the industry is segmented into Asia Pacific, MEA, North America, Europe and Central & South America. In 2014, North America region accounted considerably for BDO, PTMEG and spandex demand in the aforementioned year. Existence of robust patent landscape coupled with advanced production technologies will feature in market expansion. See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/chemicals Alternatively, Asia Pacific demand is likely to increase owing to countries such as India and China, undergoing extensive rise. Southeast Asian countries have experienced high growth in textile production, making them as the rapid developing markets. Key companies in global BDO-PTMEG-Spandex market consist of LyoindellBasell, DuPont, Dairen Chemicals, Ashland and Invista. Also, key spandex suppliers and distributors are Sultani Elasto, Gold Pacific, Dynamic Fabric Trading and AB Textiles Mills. About Radiant Insights,Inc Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com

[ankushnikam-blog]

Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth

A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol.

Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units in countries such as South Korea, China and India, among others.

Nevertheless, the production of pharmaceutical solvents in the world continues to be riddled with challenges emanating from stringent manufacturing regulations imposed by governments. Administration authorities regulating industrial activities in a region are curbing the production of pharmaceutical solvents which contain high volumes of inflammable fluids. An alarming rise in the incidences of casualties reported in pharmaceutical solvent manufacturing plants as well as health risks of being exposed to volatile liquids present in several pharmaceutical solvents will continue to be a major challenge for drugmakers in the coming years.

According to Future Market Insights, the global market for pharmaceutical solvents will expand at a sluggish pace, registering a 3.5% CAGR (in terms of value) during the forecast period 2016-2026. More than 2,000 kilotons of pharmaceutical solvents were estimated to be sold in 2016, projecting that the global pharmaceutical solvents revenues amassed in the year surpassed US$ 2,713.2 million. In the report, titled “Pharmaceutical Solvents Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” Future Market Insights expects that by the end of 2026, an approximate of US$ 4.1 billion revenues will be accrued through global sales of pharmaceutical solvents. Over the projection period, the APEJ pharmaceutical solvents market will account for over 30% of the global revenues, primarily due to the region’s potential for large scale production of drugs, medicine and other pharmaceutical products. Meanwhile, North America and Western Europe are anticipated to incur a slight dip in their collective share towards global market value, procuring combined revenues of nearly US$ 2 billion by the end of 2026.

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Alcohol – Dominant Chemical Group for Pharmaceutical Solvents

Formulation of pharmaceutical products is mainly instrumented by mixing alcoholic solvents with API and other pharmaceutical ingredients. During production of medicinal fluids, alcohols tend to serve as the inactive ingredients or excipients, helping in stabilising the chemical composition of resultant compounds. Hence, the global market for pharmaceutical solvents will continue to witness higher adoption of alcohols as the constituent chemicals used for production. By the end of 2026, more than 700 kilotons of alcohols will be consumed for global production of pharmaceutical solvents. Besides, esters are also expected to be a dominant chemical constituent in production of pharmaceutical solvents, and are estimated to have accounted for more than US$ 400 million revenues in 2016. On the other hand, manufacturers of pharmaceutical solvents are also augmenting their production techniques to include ether chemicals. During the forecast period, the global revenue share of ethers will exhibit an impressive growth by accounting for more than 16%.

Fire Hazards Repressing Rampant Production of Pharmaceutical Solvents

Leading manufacturers in the global pharmaceutical solvents market are being weighed down by government and administrative authorities for limiting their production potential. Presence of volatile chemicals in pharmaceutical solvents has led to imposition of strict regulations regarding production, storage and transport of pharmaceutical solvents. Subsequently, health hazards impact the pricing of pharmaceutical solvents as employees working in solvent manufacturing units demand better insurance cover and incessant salary hikes, which ends up spiking the production costs for companies.

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Prominent players in the global pharmaceutical solvents market are being compelled to remodel their production methods by including innovative techniques that constrain the fire hazards during manufacturing. Competitive landscape of the global pharmaceutical solvents market is fragmented into raw material suppliers, manufacturers, and distributors. Companies such as The Dow Chemical Company, Clariant AG, BASF SE, and Alfa Aesar are recognised as global manufacturers of pharmaceutical solvents, while leading raw material suppliers in the global market include Mitsui Chemicals, Exxon Mobil Corporation and Eastman Chemical Company. Other companies profiled in the report include, Yip’s Chemical Holdings Limited, Merck KGaA, and Procter & Gamble Chemicals.