#Industrial Phenols Market

[surbhijamdade]

Industrial Phenols Market Size and Share Analysis: Key Growth Trends and Projections

Industrial Phenols Market Strategies: Taking Advantage of Trends to Drive Growth in 2032

The Industrial Phenols Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

According to Straits Research, the global Industrial Phenols Market market size was valued at USD 16.83 billion in 2023. It is projected to reach from USD 17.64 billion in 2024 to USD 25.81 billion by 2032, growing at a CAGR of 4.87% during the forecast period (2024–2032).

Get Free Request Sample Report @ https://straitsresearch.com/report/industrial-phenols-market/request-sample

TOP Key Industry Players of the Industrial Phenols Market

Aditya Birla Chemicals

Bayer Material Science

PTT Phenol

Shandong Sheng Quan Chemicals Co. Ltd.

ALTIVIA Chemicals, LLC

Ineos AG

Domo Investment Group Nv

Deepak Nitrite Limited

CEPSA Química, S.A.

PTT Global Chemical Public Company Limited

Solvay SA

Mitsui Chemicals, Inc

AdvanSix Inc.

Royal Dutch Shell plc

Global Industrial Phenols Market: Segmentation

As a result of the Industrial Phenols market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts. 

By Manufacturing Process

Cumene Process

Raschig Process

Dow Process

By Phenol Derivative

Bisphenol A (BPA)

Alkyl Phenols

Chlorophenols

Caprolactam

Salicylic Acid

By Applications

Plastic Manufacturing

Electronics

Automobiles

Cosmetics

Disinfectant

Others

Browse Full Report and TOC @ https://straitsresearch.com/report/industrial-phenols-market/request-sample

Reasons for Buying This Report:

Provides an analysis of the evolving competitive landscape of the Automatic Rising Arm Barriers market.

Offers analytical insights and strategic planning guidance to support informed business decisions.

Highlights key market dynamics, including drivers, restraints, emerging trends, developments, and opportunities.

Includes market estimates by region and profiles of various industry stakeholders.

Aids in understanding critical market segments.

Delivers extensive data on trends that could impact market growth.

Research Methodology:

Utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches.

Validates market estimates through primary research with key stakeholders.

Estimates market size and forecasts for different segments at global, regional, and country levels using reliable published sources and stakeholder interviews.

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Contact Us

Email: sales@straitsresearch.com

Address: 825 3rd Avenue, New York, NY, USA, 10022

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

[chemicalmarketwatch-sp]

Phenolic Resin Market: A Multifaceted Gem for Chemical Industry Professionals

The global phenolic resin market is a shining example of resilience and adaptability in the chemical industry. Valued at USD 11.7 billion in 2021, it's projected to reach a cool USD 14.4 billion by 2026, driven by a steady 4.3% CAGR. This growth isn't just happenstance; it's fueled by a potent cocktail of factors that make phenolic resins a true gem for chemical professionals.

Unveiling the Allure of Phenolic Resins:

Phenolic resins aren't your average Joe. They boast a unique blend of properties that make them the envy of the chemical world:

Heat Resistant Hero: Think scorching temperatures. Phenolic resins shrug them off with ease, making them ideal for automotive parts and electrical components that need to withstand the heat.

Molding Master: Need a resin that can be shaped into intricate forms? Phenolic resins are your go-to. They readily conform to your desired design, making them perfect for construction materials and insulation panels.

Strength in Numbers: Don't underestimate the brawn of phenolic resins. They possess impressive mechanical strength, making them the backbone of durable adhesives, wood panels, and foundry binders.

Smoke Signals of Safety: When things get hot, phenolic resins keep their cool. They emit minimal smoke, ensuring safety in applications like aircraft interiors and fire-resistant materials.

Polymer Playmate: Phenolic resins are team players. They blend seamlessly with other polymers, expanding their application possibilities and boosting their versatility.

Riding the Wave of Growth:

The allure of phenolic resins extends beyond their intrinsic properties. They're riding a wave of growth fueled by several megatrends:

Automotive Boom: The quest for fuel-efficient and lightweight vehicles is music to the ears of phenolic resin manufacturers. These resins enable lighter cars through their use in adhesives, reducing weight and emissions.

APAC's Ascendancy: The Asia-Pacific region, with its booming construction and automotive sectors, is becoming a hotbed for phenolic resins. China, India, and Indonesia are leading the charge, creating a vast and dynamic market.

Seizing the Opportunity:

Despite these headwinds, the future of phenolic resins is bright. Here's how chemical professionals can capitalize on this potential:

Innovation Incubator: Develop novel phenolic resin formulations that address specific industry needs and comply with environmental regulations. Think flame-retardant resins for construction or bio-based resins for sustainable solutions.

Target the Titans: Align your offerings with the booming automotive and construction sectors in APAC. Develop lightweighting solutions for cars and durable materials for infrastructure projects.

Streamline the Symphony: Optimize production processes and forge strong relationships with suppliers to mitigate the impact of volatile raw material costs.

Collaboration is Key: Partner with other industry players to develop advanced applications for phenolic resins, like self-healing composites or 3D printing materials.

Inquire  Before Buying : 

By embracing these strategies and capitalizing on the unique properties and growth potential of phenolic resins, chemical professionals can carve out a niche in this dynamic and rewarding market. Remember, the future is bright for those who can adapt, innovate, and collaborate in the ever-evolving world of chemicals.

[chemalan]

Phenolic resin

We are HUAXIAN YIBANG CHEMICAL CO.,LTD in CHINA.

High quality rubber chemicals for sale. Anyone who is interested in it, pls contact me.😀😀

Email: chemsales417@outlook.com WhatsAPP(wechat): 0086 18567682886

[organicmarketresearch]

Global Industrial Phenolic Resin Market.

Global Industrial Phenolic Resin industry vary by region and are important and expanding. Below is a quick summary of the industry's regional analysis.

[wahid007posts]

The global Phenolic Resin Market is estimated at USD 11.7 Billion in 2021 and is projected to reach USD 14.4 Billion by 2026, at a CAGR of 4.3% between 2021 and 2026. Phenolic resins are the oldest synthetic polymers obtained from the reaction of phenol and formaldehyde. They are a class of thermosetting resins.

[cmisayali]

Throat Lozenges: Alleviating Sore Throats New Findings Offer Promising Relief

What are Throat Lozenges?

Cough drop are medicated candy-like tablets that are designed to provide quick relief to coughs or sore throats. They dissolve slowly in the mouth, allowing the ingredients to coat and soothe the throat. Key Ingredients in Throat Lozenges

Throat Lozenges generally contain one or more of the following active ingredients that work to relieve throat irritation : Anesthetics - Such as benzocaine or phenol aid in numbing throat pain. They work topically to reduce throat sensitivity. Anti-inflammatory Agents - Like menthol or eucalyptus oil work by reducing inflammation. They promote mucus drainage to clear congestion. Demulcents - Materials like honey or glycerin coat the throat lining. They protect it from further irritation when swallowing or coughing. Antibiotics - Lozenges containing tetracycline are occasionally prescribed for bacterial throat infections. They treat specific infections. How do Throat Lozenges Work?

When a throat lozenge dissolves in the mouth, its active ingredients are released. They coat and numb the throat, reducing discomfort. Specific ingredients may also reduce swelling or treat infections : - Anesthetics temporarily numb painful areas, blocking throat pain signals. - Anti-inflammatory agents decrease swelling in irritated throat tissues. This lessens pain. - Demulcents form a protective film over inflamed areas, shielding them from further irritation. - Antibiotics kill or limit bacterial growth if a strep throat is present. This resolves the underlying cause. The slow dissolving nature also allows the throat to be continuously coated for 30-60 minutes, enhancing relief during that period. Using Cough drop Effectively

For best results, cough drop should be used as per product instructions. Some general tips on their effective use include: - Allow the lozenge to dissolve slowly in the mouth, rather than chewing or swallowing it whole. This ensures maximum coating of the throat. - Suck on the lozenge for at least 15-20 minutes for the ingredients to take maximum effect before swallowing any remnants. - Use lozenges at the first signs of a sore throat, rather than waiting for severe pain. Early action provides prompt symptom relief. - Lozenges work best for recently developed throat irritations. See a doctor for persistent or worsening pain. - Drink plenty of fluids while using lozenges to keep the throat moist. Water is recommended over acidic juices. - Lozenges containing local anesthetics provide temporary pain relief. Seek medical help if symptoms persist beyond a few days. Popular Throat Lozenge Brands

Some globally recognized throat lozenge brands offering effective temporary relief include: - Halls: Known for its menthol and eucalyptus flavors, it soothes and fights germs. - Strepsils: Contains phenol as an active ingredient. It aims to relieve pain from streptococcal sore throats. - Thayers: A honey-based lozenge brand formulated to moisturize and protect the throat naturally. - Chloraseptic: Branded lozenges utilizing benzocaine as an oral anesthetic to numb throat pain. - Cough Drops: A variety of flavored cough drop and drops by Ricola and Fishermans Friend. - Biotene: Specialized lozenges and mouthwashes for dry mouth relief alongside sore throat symptoms. In Summary, cough drop are widely available over-the-counter at pharmacies. They offer a convenient, drug-free way to temporarily relieve common throat afflictions. Using them properly under medical guidance helps maximize symptom comfort.

Get More Insights On - Throat Lozenges

Discover the Report for More Insights, Tailored to Your Language.

French

German

Italian

Russian

Japanese

Chinese

Korean

Portuguese

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

[m-arathe]

Insulation Market Challenges and Opportunities in a Changing Economy

Insulation Market Growth Strategic Market Overview and Growth Projections

The global insulation market was valued at USD 56.25 billion in 2021 and is projected to reach USD 98.64 billion by 2030 at a CAGR of 6.44% from 2022 to 2030.

The latest Global Insulation Market by straits research provides an in-depth analysis of the Insulation Market, including its future growth potential and key factors influencing its trajectory. This comprehensive report explores crucial elements driving market expansion, current challenges, competitive landscapes, and emerging opportunities. It delves into significant trends, competitive strategies, and the role of key industry players shaping the global Insulation Market. Additionally, it provides insight into the regulatory environment, market dynamics, and regional performance, offering a holistic view of the global market’s landscape through 2032.

Competitive Landscape

Some of the prominent key players operating in the Insulation Market are 

BASF

Bayer

Dow Chemical Company

GAF Materials Corp.

Huntsman International LLC

Johns Manville

Cellofoam North America Inc.

Rockwool International A/S

DuPont

Owens Corning

Atlas Roofing Corp.

Saint-Gobain S.A.

Kingspan Group

BASF

Knauf Insulation

Get Free Request Sample Report @ https://straitsresearch.com/report/insulation-market/request-sample

The Insulation Market Research report delivers comprehensive annual revenue forecasts alongside detailed analysis of sales growth within the market. These projections, developed by seasoned analysts, are grounded in a deep exploration of the latest industry trends. The forecasts offer valuable insights for investors, highlighting key growth opportunities and industry potential. Additionally, the report provides a concise dashboard overview of leading organizations, showcasing their effective marketing strategies, market share, and the most recent advancements in both historical and current market landscapes.Global Insulation Market: Segmentation

The Insulation Market segmentation divides the market into multiple sub-segments based on product type, application, and geographical region. This segmentation approach enables more precise regional and country-level forecasts, providing deeper insights into market dynamics and potential growth opportunities within each segment.

Product Outlook

Glass Wool

Mineral Wool

EPS

XPS

CMS Fibers

Calcium Silicate

Aerogel

Cellulose

PIR

Phenolic Foam

Polyurethane

End-use Outlook

Construction ( Residential, Non-Residential & Commercial)

Industrial

HVAC & OEM

Transportation ( Automotive, Marine, Aerospace)

Appliances

Furniture/Bedding

Packaging

Stay ahead of the competition with our in-depth analysis of the market trends!

Buy Now @ https://straitsresearch.com/buy-now/insulation-market

Market Highlights:

A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.

But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.

Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2032, using CAGRs (compound annual growth rates)

Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.

Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.

Goals of the Study

What is the overall size and scope of the Insulation Market market?

What are the key trends currently influencing the market landscape?

Who are the primary competitors operating within the Insulation Market market?

What are the potential growth opportunities for companies in this market?

What are the major challenges or obstacles the market is currently facing?

What demographic segments are primarily targeted in the Insulation Market market?

What are the prevailing consumer preferences and behaviors within this market?

What are the key market segments, and how do they contribute to the overall market share?

What are the future growth projections for the Insulation Market market over the next several years?

How do regulatory and legal frameworks influence the market?

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Contact Us

Email: sales@straitsresearch.com 

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

[chemicalsindustry]

Foam Market Top Manufacturing Industry Revenue Size & Share Outlook

Foam is manufactured using raw materials such as polymers, naphtha, resins, and additives. Lightweight material with low density, foam can be either rigid or flexible. Most foam is flexible and soft. Some types of foam have low heat or sound transfer properties, making them optimal insulators. Polyurethane (PU), polystyrene (PS), polyolefin (PO), phenolic, polyethylene terephthalate (PET), melamine, phenolic, PVC, silicone, and PVDF are the major types of foam.

Download PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=81495607

The foam market size is estimated at USD 93.9 billion in 2021 and is projected to reach USD 118.9 billion by 2026, at a CAGR of 4.8% between 2021 and 2026. The market is propelled by the growth of various end-use industries. Increasing investments in infrastructure, new housing projects, and renovation of non-residential buildings in China, India, and Brazil have also boosted the market growth.

Foam is widely used in the automotive, building & construction, packaging, footwear, sports & recreational, and furniture & bedding industries. Flexible PU foam is extensively used in the automotive and building & construction industries. It helps automobile manufacturers address issues related to weight reduction, vibration absorption, fuel efficiency, and durability.

The foam market is driven by increasing demand from the packaging, automotive, and building & construction industries. The rising demand for high-quality products from APAC, the Middle East & Africa, and South American countries is also driving the market. Emerging economies such as India, China, Brazil, Southeast Asia, and Mexico are expected to be the most lucrative destinations for the foam market in the near future. The major challenges for foam manufacturers are the increasing prices and stringent regulations set by various governments. Fluctuation in raw material prices is also a restraining factor for the market.

Request For FREE Sample of Report at https://www.marketsandmarkets.com/requestsampleNew.asp?id=81495607

Continuous developments in the market, including new product launches, investment & expansion, merger & acquisitions, and partnerships & agreements are expected to help the market grow. Several products are being introduced, and investments are made in increasing the production capacity of polyolefin foam by manufacturers for different applications. New product launch has helped companies enhance their product portfolio.

[metatechinsights]

Formaldehyde Market Size & Growth 2025-2035

Segmentation FAQ Request Free Sample Report

Industry Outlook

The Formaldehyde market accounted for USD 10.6 Billion in 2024 and is expected to reach USD 19.7 Billion by 2035, growing at a CAGR of around 5.8% between 2025 and 2035.  Formaldehyde is a specialized branch of medicine that focuses on the prevention, diagnosis, treatment, and rehabilitation of injuries and conditions related to physical activity and sports participation. Medicine focuses on areas of performance enhancement, injury care, and prevention of sportsmen. Medicine includes preventative measures like injury prevention and coverings like rehabilitation and osteopathy.

Report Scope:

2024

2035Market Size in 2024 & 203520.015.010.05.00.020242035ParameterDetailsLargest MarketAsia PacificFastest Growing MarketNorth AmericaBase Year2024Market Size in 2024USD 10.6 BillionCAGR (2025-2035)5.8%Forecast Years2025-2035Historical Data2018-2024Market Size in 2035USD 19.7 BillionCountries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South AfricaWhat We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and over 10 companiesSegments CoveredDerivative, Application, End-use, and Region

To explore in-depth analysis in this report - Request Free Sample Report

Market Dynamics

Growing Demand for Formaldehyde-based Resins in Construction

The construction industry, with its large requirement for formaldehyde-based resins, is the major driver of formaldehyde. These resins, and especially urea-formaldehyde (UF), phenol-formaldehyde (PF), and melamine-formaldehyde (MF), have significant applications in manufacturing wood products such as plywood, particle board, and medium-density fiberboard (MDF). Increased global urbanization and infrastructure development is resulting in considerable growth of the construction industry, thus promoting engineered wood products using formaldehyde-based glue. Due to the high degree of cross-linking, these resins possess high mechanical strength and resistance to moisture and are thus well suited for use in flooring, cabinetry, and furniture.

Increasing preference for green products when constructing buildings also goes up the demand since formaldehyde-based resins improve the performance features of the woods. The following is also increasing the market trend through dedicated investments in green building projects that advocate for energy efficiency and sustainable principles of construction. All these factors hence translate to firm production prospects for formaldehyde in the construction industry.

Shift towards formaldehyde-free alternatives

The shift towards formaldehyde-free alternatives presents a substantial restraint in the formaldehyde market. Increasing concern over health accruable to formaldehyde use in its use as a probable human carcinogen means that consumers and manufacturers have shifted to consider better alternatives. International regulatory authorities continue to establish higher standards and controls for formaldehyde releases across several consumer goods, such as furniture, flooring, and other construction materials. For this reason, several firms are pursuing a strategy of researching and procuring new, formaldehyde-free adhesives and resins suitable for efficient use while demonstrating comparable performance. This shift not only displaces conventional formaldehyde-based products but also introduces competition from new exciting materials that smart consumers will embrace. The growth of green chemistry and demand for eco-friendly solutions may limit the market growth of formaldehyde and force industry participants to change to remain effective in a new setting.

Innovations in eco-friendly formaldehyde alternatives

Innovations in eco-friendly formaldehyde alternatives present a promising opportunity for the formaldehyde market. There is a high demand for an environmentally conscious approach associated with an increase in consumer‘s concern about health. Chemists and formulators have been working on bio-based adhesives and resins with similar performance to those derived from formaldehyde but without the emission of toxic gases. These options can incorporate biodegradable polymers such as soy and starch, which can constitute viable bonding aids that are safe for humans and the environment. Other factors that lead to this trend are the global demand for better-quality, environmentally friendly products, such as the effective utilization of green building products in the construction industry and the extinction of gas-emitting vehicles in the automobile industry. Furthermore, governmental measures to support new sustainable products improve the market opportunities of the innovations. Through the adoption of these technologies, firms are holding access to new consumers and increasing competitiveness, enhancing the value of the formaldehyde market besides capturing the sustainable environment.

Industry Experts Opinion

"The formaldehyde market is at a pivotal point, with an incr

[chemanalystdata]

Benzene Prices Trend | Pricing | News | Database | Chart

Benzene is a key chemical in the global market, widely used as a precursor for the production of numerous essential chemicals, including styrene, phenol, and cyclohexane. Due to its fundamental role in the chemical industry, benzene prices are influenced by various factors that include raw material costs, supply and demand dynamics, and geopolitical events. The price of benzene has experienced significant volatility over the years, reflecting shifts in both global oil prices and the chemical production sector's demands.

One of the primary factors driving benzene price fluctuations is the cost of crude oil. Benzene is a by-product of petroleum refining, and its production is closely linked to the refining of crude oil. As a result, when oil prices increase, benzene prices often follow suit. Conversely, when oil prices drop, the cost of producing benzene tends to decrease, which can lead to lower benzene prices. This relationship is not always linear, as other market forces, such as regional supply-demand imbalances, can also play a significant role in price movements.

Get Real Time Prices for Benzene : https://www.chemanalyst.com/Pricing-data/benzene-25

In addition to oil price fluctuations, benzene prices are also affected by the supply and demand balance in key markets. For instance, the demand for benzene often rises during periods of economic growth when industrial production is ramping up. This increased demand can tighten the supply of benzene, driving up prices. On the other hand, during economic downturns, demand may fall, causing prices to decline. Another factor influencing supply is the availability of key raw materials, such as toluene and xylene, which are also produced from crude oil. Disruptions in the supply chains of these materials can reduce benzene production, further affecting its price.

Geopolitical events are another major factor influencing benzene prices. Political instability in oil-producing regions or trade disputes can disrupt the supply of crude oil or raw materials required for benzene production. Such disruptions can lead to sharp price increases in benzene, as the market reacts to supply shortages. Additionally, changes in environmental regulations in major producing countries can impact benzene production costs, further influencing price fluctuations. For example, stricter environmental standards may lead to higher production costs, which can be passed on to consumers in the form of higher prices.

Seasonal factors also play a role in benzene pricing. Certain periods of the year, particularly in the Northern Hemisphere, can lead to higher demand for benzene, driven by increased production in industries such as automotive and construction. This increased demand during peak seasons can push prices upward. Similarly, supply-side constraints, such as plant maintenance or unexpected downtime in key production facilities, can tighten supply and result in higher prices during these times.

Benzene prices are also influenced by the competitive landscape within the chemical industry. Major producers of benzene are concentrated in regions such as North America, Asia-Pacific, and Europe, with key players including companies like ExxonMobil, Shell, and BP. The competition among these producers, as well as the entry of new players into the market, can impact pricing strategies. For instance, new investments in benzene production capacity or changes in the production methods employed by key producers can either increase or decrease production costs, influencing the price of benzene in the market.

Another important consideration in benzene pricing is the environmental and regulatory landscape. As concerns over climate change and environmental pollution grow, governments around the world are implementing stricter regulations to limit emissions from chemical production. These regulations can result in higher compliance costs for benzene producers, leading to upward pressure on prices. Furthermore, the growing trend toward sustainability and the development of alternative, greener production processes may affect long-term price trends. As industries shift towards more sustainable practices, benzene producers may face higher costs related to adopting new technologies, which could be reflected in benzene prices over time.

Technological advancements in the production of benzene and its derivatives are also worth noting in the context of price trends. The development of more efficient production methods or new sources of raw materials can reduce production costs, which may lead to lower benzene prices. For instance, the advancement of catalytic processes or the increased use of bio-based feedstocks could lower the cost of producing benzene, making it more affordable in the market. However, such technological advancements are typically capital-intensive and may take time to implement across the industry.

Looking ahead, the future of benzene prices will likely be shaped by a combination of factors, including global economic conditions, technological innovation, and the evolving regulatory environment. As demand for benzene and its derivatives continues to grow, especially in emerging markets, the global supply-demand balance will remain a key determinant of price movements. Similarly, the continued fluctuations in crude oil prices, coupled with geopolitical and environmental considerations, will contribute to ongoing volatility in benzene pricing. As the market continues to adapt to these factors, stakeholders in the benzene supply chain, from producers to consumers, will need to stay informed about market conditions and pricing trends to make strategic decisions. Ultimately, the price of benzene will remain a barometer for broader economic trends and an essential factor in the global chemical market.

Welcome to ChemAnalyst App: https://www.chemanalyst.com/ChemAnalyst/ChemAnalystApp

Contact Us:

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

[marketingreportz]

Wind Turbine Composite Materials Market - Forecast(2024 - 2030)

Wind Turbine Composite Materials Market Overview

Request Sample :

The government across the globe is also investing huge amounts in alternative energy sources such as solar and wind which is further supporting the market growth for composite materials. The increasing focus of governments on offshore wind energy installations is driving the market growth between 2021–2026. However, the high cost of carbon fiber and epoxy resin and recyclability issue of composites will likely hamper the market growth during the forecast period.

COVID-19 Impact

The COVID-19 pandemic has impacted the composite materials industry which has further impacted the wind turbine market. Due to the Covid-19, the manufacturing industry is impacted very badly that further impacted the wind turbine composite materials market. The slowdown in wind turbine installations and lack of raw material supplies, and workforce are impacting the market negatively. The covid-19 impacted every operation such as supply chain, production, sales, and others. However, the companies resumed their operation in 2021, which may positively impact the market.

Report Coverage

The report: “Wind Turbine Composite Materials Market — Forecast (2021–2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wind Turbine Composite Materials industry. By Fiber Type: Glass Fiber, Carbon Fiber, Aramid Fiber, and Basalt fiber By Resin Type: Thermoplastic [Polyethylene, Polystyrene, Polyamides, Nylon, Polypropylene, Others], and Thermoset [Epoxy, Polyester, Phenolic Polyamide, and Others] By Technology: Injection Molding, Compression Molding, Pultrusion, Filament Winding, and Layup By Application: Blades, Wind turbine Hub, Rotor, Tower, Nacelle, Cables, Blade Pitch Controller, Propellers, and Others By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Netherlands, Belgium, Spain, Denmark, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (the Middle East and Africa)

Inquiry Before Buying :

Key Takeaways

The Asia Pacific region is expected to dominate the market and register the highest CAGR of 12.8% during the forecast period (2021–2026). The presence of leading chemical companies along with rapid growth in the personal care industry is propelling regional growth.

Epoxy resin is one of the widely used resins in wind turbine manufacturing. The segment is expected to register a high growth rate during the forecast period.

The growing installation of wind turbines in developing countries such as Brazil, Mexico, India, and China is creating a positive impact on the usage of wind turbine composite materials.

Figure: Asia Wind Turbine Composite Materials Market Revenue, 2020–2026 (US$ Billion)

For More Details on This Report — Request for Sample

Wind Turbine Composite Materials Market Segment Analysis: By Fiber Type

The glass fiber reinforced plastics segment accounted for the largest share of more than 55% in the wind turbine composite materials market in 2020 and is estimated to grow at a significant rate during the forecast period. Glass fiber offers various properties including high strength, high durability, weather-resistant, and lightweight have boosted its demand in numerous end-use industries. The easy availability and cost-effectiveness of glass fiber reinforced plastics are the key factors propelling the demand for glass fiber composites in wind turbine manufacturing. The carbon fiber segment will register a significant growth rate during the forecast period. Carbon fibers offer various properties such as low thermal expansion, high stiffness, high-temperature tolerance, and high chemical resistance among others.

Schedule A Call:

Wind Turbine Composite Materials Market Segment Analysis: By Resin Type

The thermoset segment accounted for the largest share of more than 70% in the Wind turbine composite materials market in 2020 and is estimated to grow at a significant rate during the forecast period. Thermoset composite is usually based on carbon, glass, and aramid fibers. Epoxy resin is the widely used thermoset type in wind turbine composite materials. Approximately 50% of European wind blades are manufactured from epoxy resin. These resins offer lightweight, and good adhesion compared to other resin types. Generally, they are combined with glass fibers and carbon fibers to manufacture wind blades. The thermoplastic segment is expected to register a significant growth rate during the forecast period. Thermoplastics are less expensive compared to thermoset resin types. They are easily weld-able, non-toxic in nature, and recyclable. These are some of the driving factors supporting the market growth between 2021–2026.

Wind Turbine Composite Materials Market Segment Analysis: By Technology

The Layup segment accounted for the largest share of more than 33% in the wind turbine composite materials market in 2020 and is estimated to grow at a significant rate during the forecast period. Layup is the most common method used for the production of composites. The method is involved in placing layers of composite fiber in a structured order by using a matrix of resin and hardener. This method is widely used for the production of wind blades.

Wind Turbine Composite Materials Market Segment Analysis: By Application

The blades segment accounted for the largest market share of more than 55% of the market in 2020 and is estimated to grow significantly during the forecast period. Turbine blades serve as the most important composite-based part of wind turbines. The growing demand for wind energy is driving manufacturers to develop large wind blades for the high production of wind energy. For the development of large blades, a huge quantity of composite materials is used. Glass fibers and carbon fibers are used for the manufacturing of wind blades.

Wind Turbine Composite Materials Market Segment Analysis — By Geography

The Asia Pacific region held the largest share of more than 45% in the Wind Turbine Composite Materials market in 2020, owing to the rapid growth in the installation of wind turbines. The presence of developing nations such as China and India is driving the market growth. The presence of leading wind turbine manufacturers including Suzlon Energy Limited, and AVIC Huiteng Windpower Equipment Co., Ltd are supporting the region’s growth during the forecast period. The increasing investments by key developers for manufacturing efficient wind turbines are also boosting the market growth during the forecast period. According to the data published by Global Wind Energy Council (GWEC), China installed about 52 gigawatts of new wind power capacity in 2020.

Buy Now :

Wind Turbine Composite Materials Market Drivers

Rising Demand for Renewable Energy Sources

Wind energy is one of the fastest-growing renewable energies globally. Wind power is a clean energy source, and its usage is on the rise worldwide. The U.S. wind energy occupies approximately 38% of total renewable energy produced in 2019. According to the IRENA’s data, wind energy generation is increased from 7.5GW in 1997 to 564GW by 2018. Some ongoing and under-construction wind projects in the U.S. include Traverse Wind Energy Center, Aviator Wind Project, Goodnight Wind Energy Project, Alle-Catt Wind Farm, and Vineyard Wind I among others. According to the Ministry of New and Renewable Energy (MNRE), India has the fourth-highest wind installed capacity in the world with a total installed capacity of 39.25 GW (as of 31st March 2021) and has generated around 60.149 billion Units during 2020–2021. According to the European Commission, the total installed wind energy capacity in Europe reached 210GW and is estimated to reach 350GW, supplying up to 24% of electricity demand

Wind Turbine Composite Materials Market Challenges

Recyclability Issue of Composites

Composite materials are preferred for wind applications because of their durability and superior strength. Proper waste disposal and recycling at the end of the useful life of composite materials are necessary. Many current and future waste management and environmental legislation are making strict regulations on engineering materials to be properly recovered and recycled. The complex material compositions and the cross-linked nature of thermoset resins are making it difficult for recyclability. However, the use of polymers that can be recycled when used with carbon and other niche fibers reduces the composite non-recyclable. This has become a major issue as the landfills are filling up at a faster pace along with the need for going green due to global warming. Biological attack on composite materials may consist of fungal growth or marine fouling

Wind Turbine Composite Materials Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Wind Turbine Composite Materials market. Major players include:

TPI Composites, Inc.

MFG Wind

LM Wind Power

Gamesa Corporation Technology

Vestas Wind Systems A/S

Suzlon Energy Limited

Siemens AG

AVIC Huiteng Windpower Equipment Co., Ltd.

AREVA and others.

Acquisitions/Technology Launches

In May 2021, Hexcel launched a range of HexPly® surface finishing prepregs and semi- prepregs for wind turbine blades and automotive and marine applications.

Relevant Reports

Composite Materials Market — Forecast(2021–2026) Report Code: CMR 0010

High-Temperature Composite Materials Market — Forecast(2021–2026) Report Code: CMR 10087

For more Chemicals and Materials Market reports, please click here

[delifoodsmanufacturer]

Unveiling the Power of Chinese Honey: A Match for Manuka's Antibacterial Might

Honey, a natural sweetener and a product of the bees' labor, has been cherished for its unique properties and health benefits for centuries. Among the myriad of honey varieties, Manuka honey stands out for its exceptional antibacterial properties, making it a sought-after commodity in the market. However, the high demand has unfortunately led to widespread counterfeiting. The unique antibacterial nature of Manuka honey is attributed to its high content of methylglyoxal (MGO), a compound that is absent in most other types of honey. China's Honey Legacy: A Rich Tapestry of Nectar Sources China, being a major player in the global beekeeping industry, boasts a rich diversity of nectar sources and has been leading the world in both bee colony numbers and honey production. Despite the popularity of Manuka honey, many argue that Chinese honey can be just as good, if not better, in terms of quality and health benefits. The Quest for the Perfect Honey: A Scientific Pursuit To address the question of whether there is a Chinese honey variety with antibacterial properties comparable to or even surpassing Manuka honey, we must delve into scientific research. Without empirical evidence, any claim about the superiority of Chinese honey over Manuka honey would be speculative and lack credibility. The Science Behind Honey's Healing Powers The antibacterial properties of honey are a result of various factors. Honey's high osmotic pressure and low pH create an environment that is inhospitable to microbial growth. Even when diluted, honey retains its antibacterial properties. Hydrogen peroxide, methylglyoxal (MGO), and phenolic compounds are the three main substances responsible for honey's antimicrobial activity. While MGO is a characteristic component of Manuka honey and is absent in Chinese honey, it is not the sole determinant of a honey's antibacterial capabilities. A Tale of Two Honey Studies: Manuka vs. Chinese Honey A study conducted by Professor Hu Fuliang's team from Zhejiang University compared nine types of monofloral Chinese honey with two types of Manuka honey to identify a Chinese honey variety with outstanding antibacterial properties. The honey samples were sourced from various regions in China, including Yunnan, Zhejiang, Shaanxi, and Gansu, and were found to have high purity levels based on the concentration of single pollen. The two Manuka honey samples were sourced from New Zealand's Comvita Ltd. in Wellington, with MGO levels of 12+ and 20+ respectively. The research aimed to evaluate the antibacterial activity of these honey samples against Staphylococcus aureus (a Gram-positive bacterium), Escherichia coli (a Gram-negative bacterium), and Candida albicans (a fungus), which are standard test organisms recommended by China's disinfection technology specifications. Phenol at 10% was used as a positive control, while distilled water served as a negative control. The agar well diffusion test utilized a 50% honey solution. The Results: A Surprising Discovery The results indicated that none of the honey samples showed inhibitory rings against E. coli and C. albicans, but all nine Chinese honeys exhibited inhibitory rings larger than 11mm against S. aureus. Three Chinese honeys had larger inhibitory rings than both Manuka honey samples: fennel honey (21.50mm), agastache honey (20.74mm), and pomegranate honey (18.16±0.11 mm), while the 12+ Manuka honey had an inhibitory ring of 14.27mm and the 20+ Manuka honey had 16.52mm. A Deeper Dive into Antibacterial Testing The agar well diffusion method is suitable for detecting antibacterial effects, but to determine the minimum inhibitory concentration (MIC) and minimum bactericidal concentration (MBC), a more sensitive method like the broth dilution method is required. The broth microdilution method was used to measure the MIC and MBC of the 11 honey samples (9 Chinese honeys + 2 Manuka honeys) against S. aureus. The broth dilution test results showed that honey had a better inhibitory effect on S. aureus than on E. coli and C. albicans, consistent with the results of the agar well diffusion test. The MIC of honey against E. coli was significantly lower than that against C. albicans, which is consistent with the reported difficulty in inhibiting C. albicans. The MBC of honey was relatively high, close to 50%, which is related to the low concentration of bactericidal substances in honey. The antibacterial ability of honey is the result of the combined action of multiple compounds. The Star of the Show: Fennel Honey Fennel honey (25.0~40.0%) had a lower MBC against S. aureus than other honeys, including Manuka honey (>50.0%). Fennel honey, agastache honey, and pomegranate honey were identified as three Chinese honeys with excellent antibacterial properties. The MIC and MBC results also indicated that honey had a good inhibitory effect on Gram-positive bacteria. The Chinese Honey Renaissance These findings demonstrate that although Chinese honey does not contain the MGO unique to Manuka honey, its inhibitory properties are not inferior to those of Manuka honey, and in some cases, such as with fennel honey, they are even superior to Manuka honey 20+. Therefore, fennel honey could be considered the "Chinese version of Manuka honey." The Future of Honey: A Blend of Tradition and Science As we continue to explore the world of honey, it's clear that the future of this natural sweetener lies in a blend of traditional knowledge and scientific research. With ongoing studies and a growing appreciation for the diverse properties of honey, we can look forward to a future where the best of both worlds is celebrated and utilized for the betterment of our health and well-being. Read the full article

[wahid007posts]

The report “Phenolic Resin Market by Type (Resol Resin, Novolac Resin), Application (Wood Adhesives, Molding, Insulation), End-use Industry (Automotive, building & construction, Furniture) – Global Forecasts to 2021″, published by MarketsandMarkets, the global market is estimated to be valued at USD 11.30 Billion in 2016 and is projected to grow at a CAGR of 5.8% to reach USD 15.01 Billion by 2021.

[trendingreportz]

Electronic Adhesives Market - Forecast (2024-2030)

Electronic Adhesives Market Overview

Electronic Adhesives Market Size is forecast to reach $ 6,820 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Electronic adhesives are used for circuit protection and electronic assembly applications such as bonding components, wire tacking, and encapsulating electronic components. The use of electronic adhesives in manufacturing components for electric vehicles such as printed circuit boards, lithium-ion batteries, and battery pack assemblies are facilitating growth of the market. Growing adoption of surface mounting technology to replace welding and soldering is one of the prominent trends in the electronics industry, shaping the demand for electronics adhesives.

Report Coverage

The report: “Electronic Adhesives Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Electronic Adhesives Industry.

By Type: Thermal Conductive, Electrically Conductive, Ultraviolet-Curing and Others.

By Resin Type: Epoxy, Cyanoacrylates, Polyamides, Phenolic, Silicones, and Others (Acrylics, and Polyurethane)

By Application: PCB’s, Semiconductor, and Others

By End-User Industry: Consumer Electronic (Wearable Devices, LEDs & TVs, Smart Phones & Tablets, Computers, Laptops, and Others), Healthcare, Energy & Power (Solar, Wind, and Others), Telecom Industry, Transportation (Automotive (Passenger Vehicles, Light Commercial and Heavy Commercial Vehicles), Marine, Locomotive, and Aerospace), Oil & Gas, Chemical, Pulp & Paper, and Others. 

By Geography: North America, South America, Europe, APAC, and RoW

Request Sample

Key Take away

In 2020, North America held the largest share after APAC. Due to growing demand for electronic adhesives in electronics and telecommunication industry. The US hold the largest share in the region over the forecast period.

Growing adoption of electric vehicles is expected to provide a major growth opportunity for the market.

Emission of Volatile Organic Compounds (VOC’s) may deter the market's growth during the forecasted period.

COVID-19 has hindered the market growth owing to the disruption of supply chain and worldwide lockdown.

Electronic Adhesives Market Segment Analysis - By Type

Electrically Conductive segment held the largest share of more than 30% in the electronics adhesives market in 2020. Electrically Conductive are used in various industry verticals such as aerospace, automotive, medical, and telecom products. Electrically conductive is an excellent solution for making electrical contacts on PCBs and other temperature-sensitive substrates, as their curing temperature is below the soldering temperature. An increase in demand for Anisotropic Conductive Adhesives (ACA) in LCD connections, PCBs, and bonding antenna structures further boost the demand for the market. Electric conductive are also used in the LED industry for their capacity to serve as stable electrical contacts by absorbing mismatches, which will likely boost the market's growth for the forecasted period.

Inquiry Before Buying

Electronic Adhesives Market Segment Analysis - By Resin Type

Epoxy segments held the largest share of more than 25% in the market in 2020. Epoxy is widely used in electronic applications, either in two-part or single-part heat cure products. Epoxy has good resilience against environmental and media influences, it has a dry and non-tacky surface which is perfect to be used as a protective coating and is widely used in adhesives, plastics, paints, coatings, primers and sealers, flooring, and other. Curing epoxy adhesives can take place either at room or elevated temperature or through photoinitiators and UV light. Modern photoinitiators also react to the special UV spectrum of LED light sources, so that newly developed epoxide resin adhesives can be cured with both UV and UV LED light. Some epoxies exhibit optical properties and diffraction indexes, making them useful for applications in precision optics, lens bonding, and information technology, which will further boost the market's growth.

Electronic Adhesives Market Segment Analysis - By Application

Printed Circuit Boards (PCBs) segment held the largest share of more than 35% in the market in 2020. Electronic adhesives are used as a conformal coating in PCBs. Adhesive is used in wire tracking, potting & encapsulation of components, conformal coatings of circuit boards, and bonding of surface mount components. PCBs are highly reliable, cheap, less chance of short circuit, easily repairable, and are compact in size. The growing uses of laptops, smartphones, and household appliances coupled with developing living standards further drive the growth of PCB. Whereas, the growing uses of PCB’s in automotive, industrial & power equipment, control & navigation systems, and aerospace monitoring also contribute to the market growth. According to Aerospace Industries Association (AIA) report, in 2018, aerospace and defense exports amounted to $151 billion, an increase of 5.81% from the previous year, and civil aerospace accounted for the majority of exports with $131.5 billion.

Schedule a Call

Electronic Adhesives Market Segment Analysis - By End-User Industry

Consumer Electronics segment held the largest share of more than 30% in the Electronic Adhesives Market in 2020. Rapid urbanization and increase in the development of new technology have propelled the demand for consumer electronics. As per the United Nations, 55% of the world’s population lives in urban areas, which propel the demand for consumer electronics. The growing demand for lightweight and portable equipment such as smartphones, laptops, and digital cameras are playing a significant role in boosting the demand for the market. As per a report released by Nexdigm Private Limited, a private company, the global electronics industry is expected to reach $7.3 trillion by 2025, which will significantly propel the demand for the market during the forecasted period.

Electronic Adhesives Market Segment Analysis - By Geography

Asia-Pacific held the largest share of more than 45% in the Electronic Adhesives Market in 2020. China, India, and Japan are the major contributors to the growth of Electronic Adhesives Market in APAC. The large consumer base, developing manufacturing sector, and increase in middle-class population along with smart city projects are major factors for the market growth. As per the Indian Brand Equity Foundation (IBEF) report released in 2020, electronics manufacturing in India is expected to reach $163.14 billion by 2025, and demand for electronics hardware in India is expected to reach US$ 400 billion by 2024. The shifting of production lines to the APAC region for the low cost of production and the ability to serve the local emerging market is another factor for the growth of the market in the region.

Buy Now

Electronic Adhesive Market Drivers

Growing Need for Miniaturized Electronic Products 

Growing demand for low-cost, reliable, and miniaturized electronic devices from consumers propel the market's growth. The increasing demand for miniaturized products has led to the development of smaller electrical components, which occupy less area. The need for smaller and thinner consumer electronics devices is a new trend among consumers. The surface mount technology helps in using and assembling much smaller components, thus facilitating a smaller, portable, and lightweight electronic device. Pocket calculators, smartwatches & other wearable devices are some of the examples. Such miniature devices will further drive the demand for electronic devices and in return will boost the demand for the Electronic Adhesives Market as they are used in manufacturing these devices.

Introduction of 5G Network 

Introduction 5G networks are planned to increase mobile broadband speeds and added capability for 4K/8K video streaming, virtual reality (VR) or augmented reality (AR), Internet of Things (IoT), and mission-critical applications. Introduction of 5G will boost the telecommunication industry, with better coverage, and internet speed, which also create a demand for Electronic Adhesives Market as they are used in manufacturing telecom devices. 5G will transmit data ten times faster than 4G and is set to take hold in 2020. This will spark a revolution in many industries such as electronic, energy, medical, automotive, defense, aerospace and others, which will boost the market's growth. 5G will impact the viewing experience for consumer, with its VR & AR which will further boost the demand for consumer electronic industry, which in return will boost the demand for electronic adhesive market.

Electronic Adhesive Market Challenges

Technological Changes & VOC Emission

The market is facing challenges due to technological changes. Shorter leads can damage temperature-delicate components in several applications and to overcome such obstacles electrical components should be assembled after soldering. However, this hampers productivity due to higher costs of production and time consumed in the manufacturing process. Growing concern over the emission of volatile organic compounds (VOCs) is expected to hamper the market growth over the coming years. During the manufacturing of electronics adhesives, VOC is discharged that may pose health and environmental concerns. VOCs are the major contributors to smog and ozone formation at low atmospheric levels.    

Emergence of COVID 19

The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. And the Electronic Adhesives Market was no exceptional, as the global production facilities of the electronics, parts have been reduced due to the logistics slowdown and unavailability of the workers. Furthermore, various e-commerce sites had discontinued the delivery of non-essential items which included electronics devices, which affected the electronic industry.

Electronic Adhesive Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Electronic Adhesives Market. In 2020, the market of electronic adhesives has been consolidated by the top 10 players accounting for xx% of the share. Major players in the Electronic Adhesives Market are BASF SE, Panacol-Elosol GmbH, 3M Co., H.B. Fuller Co., Henkel AG & Co. KGaA, Hitachi, Ltd., Mitsui & Co., Ltd., Bostik, Inc., Chemence Inc., tesa SE, Parker Hannifin Corp., Meridian Adhesives Group, among others.

Acquisitions/Technology Launches

In November 2019, Bostik, Inc., announced it has launched a new range of innovative engineering adhesives Born2Bond™, for bonding applications in automotive, electronics, luxury packaging, and medical devices. With this new launch Bostik will not only expand its product portfolio but also expand it offering to various industries, which will further drive the market's growth.  

In September 2020, Meridian Adhesives Group, a leading manufacturer of high-value adhesives technologies has announced that the “Company” would be serving the Electric Vehicles Market and provide its adhesive solution, with this announcement Meridian Adhesives would expand its product offering in automobile industry, which will further derive the market's growth.

Key Market Players:

The Top 5 companies in Electronic Adhesives Market are:

Panacol-Elosol GmbH

3M 

H.B. Fuller Company

Henkel AG & Co.KGaA

Parker Hannifin Corp.

[marketanalysisdata]

Surface Disinfectant Industry 2030 Future Scope, Size Estimation, Regional Outlook

In 2023, the global surface disinfectant market reached a value of USD 5.85 billion and is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. This growth is driven by several factors, including changing lifestyles in developing economies, a rising awareness among livestock farmers about animal diseases, and the importance of disinfection in livestock farms. Since the COVID-19 pandemic, there has been an increased focus on hygiene and sanitation worldwide, which has led to a surge in demand for surface disinfectants, sanitizers, and cleaning products. This heightened awareness of cleanliness to prevent illness has greatly fueled the demand for products that effectively eliminate germs and viruses from surfaces, positively influencing the market's expansion.

Surface disinfectants primarily rely on raw materials that are by-products of the petroleum industry, and manufacturers in Europe, North America, and China are major sources of these ingredients. However, a shift towards eco-friendly products has led to a growing interest in biodegradable disinfectants to prevent chemical-related toxicity. These bio-based disinfectants are made from cheaper, more accessible materials compared to traditional chemicals, and as a result, they are expected to surpass conventional petroleum-based disinfectants in demand in the near future.

Since the pandemic, the market has seen a slight to moderate increase in surface disinfectant prices. The surge in demand due to COVID-19, along with an increasing prevalence of chronic diseases and hospital-acquired infections (HAIs), is driving market growth, especially in developed regions like North America and Europe. Additionally, government initiatives and strict regulations on disinfection and sterilization practices have further boosted demand for these products in healthcare, food processing, and various public sectors.

Gather more insights about the market drivers, restrains and growth of the Surface Disinfectant Market

Composition Segmentation Insights:

In 2023, chemical disinfectants dominated the surface disinfectant market, accounting for over 90% of the revenue. Their widespread use can be attributed to the effectiveness of chemical agents like hydrogen peroxide, which is commonly utilized in the food packaging industry and healthcare facilities to disinfect surfaces. The use of other chemicals, such as quaternary ammonium compounds and alcohols, is also anticipated to support market growth due to their proven efficacy.

Chemical disinfectants are generally divided into two categories: oxidizing and non-oxidizing disinfectants. Non-oxidizing disinfectants include aldehydes, amphoteric phenolics, alcohols, and quaternary ammonium compounds (QACs). They are further classified into three main levels based on their efficacy: low-level disinfectants (e.g., QAC, phenolic compounds), intermediate-level disinfectants (e.g., iodine, alcohols, iodophores, hypochlorites), and high-level disinfectants (e.g., ortho-phthalaldehyde, hydrogen peroxide, peracetic acid, formaldehyde, and glutaraldehyde). Each level offers a different degree of antimicrobial activity, enabling industries and healthcare facilities to select products that align with their specific disinfection needs.

Bio-based surface disinfectants are emerging as a viable alternative to chemical disinfectants due to their non-toxic, biodegradable, and environmentally friendly properties. With the FDA’s approval of bio-based products for commercial use and the formulation of surface disinfectants, bio-based disinfectants present a considerable opportunity for market players. The growing application scope of these eco-friendly disinfectants, coupled with their potential to replace chemical disinfectants at cost-effective levels, is expected to create substantial market opportunities for both existing participants and new entrants.

Order a free sample PDF of the Surface Disinfectant Market Intelligence Study, published by Grand View Research.