#caustic soda producers in india
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What is caustic soda?
Stellar Exports is one of the leading caustic soda manufacturers in India, and the caustic soda producers provide this chemical compound for extraction and refining also It dissolves alumina, to allow extraction of pure aluminium, and our caustic soda flakes are used to produce paper, textiles, soaps, and different chemicals. For more information visit our website.
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H Acid Prices | Pricing | Trend | News | Database | Chart | Forecast
H Acid Prices a key intermediate in the production of dyes and pigments, plays a vital role in various industries, particularly textiles, where it is used in the synthesis of reactive dyes. Over the years, the prices of H Acid have fluctuated due to several factors, including raw material costs, market demand, production capacities, and environmental regulations. In this article, we explore the factors affecting H Acid prices and their impact on the global dye industry.
One of the primary factors driving H Acid prices is the cost of raw materials. H Acid is synthesized from naphthalene, a petroleum-based product. As crude oil prices fluctuate, so too does the cost of naphthalene, leading to variations in the price of H Acid. Any increase in the price of crude oil directly impacts the cost of naphthalene, which subsequently raises production costs for H Acid. On the other hand, when oil prices decrease, manufacturers can produce H Acid at a lower cost, which may lead to a reduction in its market price. However, crude oil is not the only raw material influencing H Acid prices. The cost of chemicals used in its synthesis, such as sulfuric acid and caustic soda, also plays a crucial role. Any disruption in the supply of these materials can cause price volatility, further complicating the market dynamics.
Get Real Time Prices for H Acid: https://www.chemanalyst.com/Pricing-data/h-acid-1550
Another significant factor influencing the price of H Acid is market demand. The textile industry is the largest consumer of H Acid, as it is a critical component in the production of reactive dyes used to color fabrics. When the demand for textiles rises, particularly in growing economies such as China and India, the demand for H Acid also increases. This heightened demand can drive up prices, especially if production capacities are constrained or if there are supply chain disruptions. Seasonal trends, such as increased textile production during certain periods of the year, can also contribute to demand spikes, leading to temporary price hikes in the H Acid market. Additionally, as fashion trends evolve and more environmentally conscious dyeing processes are adopted, the demand for specific types of reactive dyes that use H Acid may shift, further influencing its pricing.
Environmental regulations are another key factor that has been affecting H Acid prices. In recent years, there has been increasing scrutiny on the environmental impact of chemical manufacturing, particularly in countries like China, where many H Acid production facilities are located. Stringent regulations aimed at reducing pollution and improving the sustainability of the chemical industry have forced many manufacturers to invest in cleaner technologies and pollution control measures. These investments come with higher operational costs, which are often passed on to the buyers, resulting in higher H Acid prices. In some cases, production plants have been shut down due to non-compliance with environmental regulations, leading to supply shortages and further price increases. The environmental impact of chemical effluents has become a major concern, and manufacturers are under pressure to find more sustainable methods of producing H Acid, which could influence long-term pricing trends.
Global trade dynamics also play a role in H Acid pricing. Many countries depend on imports of H Acid, and fluctuations in exchange rates can affect the cost of importing this chemical. For example, when the local currency of an importing country weakens against the U.S. dollar, the cost of H Acid, typically priced in dollars, rises, making it more expensive for that country’s manufacturers. Conversely, a stronger local currency can lead to lower import costs. In addition to exchange rate fluctuations, tariffs and trade policies between countries can also impact H Acid prices. Trade disputes or changes in tariff structures can make imports more expensive or restrict the flow of goods, creating supply bottlenecks that drive up prices.
The supply-demand balance is often influenced by production capacity expansions or reductions. When new H Acid manufacturing plants are established, or existing plants are expanded, the increased production capacity can alleviate supply constraints, potentially leading to a drop in prices. However, if there are disruptions to production, such as plant shutdowns due to environmental regulations or operational issues, the reduced supply can cause prices to rise. In some cases, manufacturers may intentionally reduce output to maintain higher prices in the market, a strategy known as "price discipline." Additionally, unexpected events such as natural disasters, geopolitical instability, or strikes in key producing regions can disrupt production and supply chains, causing short-term price spikes.
The global dye and pigment industry is highly competitive, and manufacturers are constantly seeking ways to optimize their production processes and reduce costs. Technological advancements in H Acid production, such as improvements in catalyst efficiency or the development of new synthesis methods, have the potential to reduce production costs, which could lower prices in the long term. However, the adoption of such technologies often requires significant capital investment, and it may take time for these cost savings to be passed on to buyers.
In conclusion, the pricing of H Acid is influenced by a complex interplay of factors, including raw material costs, market demand, environmental regulations, global trade dynamics, and production capacity. While some of these factors are cyclical and subject to short-term fluctuations, others, such as the push for sustainability and technological advancements, could have a more lasting impact on the H Acid market. For businesses that rely on H Acid, understanding these price dynamics is crucial for making informed decisions regarding procurement and long-term strategic planning. As the global dye industry continues to evolve, the price of H Acid will remain a critical consideration for manufacturers and suppliers alike.
Get Real Time Prices for H Acid: https://www.chemanalyst.com/Pricing-data/h-acid-1550
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#H Acid#H Acid Prices#H Acid Price#H Acid Pricing#H Acid Price Trend#H Acid Demand#H Acid News#H Acid Prices Market
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Discover the Fascinating Journey of Aluminium Production?
While aluminium is the Earth's most abundant metal, it doesn't exist naturally in its pure form. Instead, aluminium readily combines with other metals to create compounds. Unlike iron, which can be isolated through straightforward furnace melting of its compounds, aluminium's production process is considerably more intricate, demanding substantial electrical power. Consequently, aluminium smelting facilities are strategically located near clean energy sources, typically hydroelectric power plants, to minimise environmental impact. But let's begin at the outset.
Let’s begin with the process.
Bauxite Mining
The aluminium production process consists of three main stages. First, bauxites, which are rich in aluminium, are extracted from the Earth. Second, these bauxites are refined into alumina or aluminium oxide. In the third stage, pure aluminium is produced through electrolytic reduction, where aluminium oxide is broken down into its components using electrical current. Approximately 4-5 tonnes of bauxite are processed into 2 tonnes of alumina, from which about 1 tonne of aluminium can be derived.
While various minerals can be used to extract aluminium, bauxite is the most common and preferred source. Bauxite is primarily composed of aluminium oxide, often mixed with other minerals. Bauxite is considered high quality if it contains over 50% aluminium oxide. These bauxite deposits exhibit a wide range of characteristics; they can be solid, dense, or crumbly and their colours can vary from brick red, flaming red, or brown due to iron oxide to grey or white in cases of low iron content. Bauxites with hues like yellow, dark green and multi-coloured varieties with bluish, purple, red and black streaks can be found.
Around 90% of global bauxite resources are situated in tropical and subtropical regions, with the majority, 73%, concentrated in just five countries: Guinea, Brazil, Jamaica, Australia and India. Guinea boasts the largest bauxite supply, totalling 5.3 billion tonnes, accounting for 28.4% of the global supply. Guinean bauxites are renowned for their exceptional quality, characterised by minimal impurities and their proximity to the surface simplifies the mining process.
Alumina Production
The subsequent production process involves converting bauxite into alumina, also known as aluminium oxide (Al2O3), a white powder. The predominant method for producing alumina from bauxite is the Bayer process, a century-old technique still widely employed today, with approximately 90% of global alumina refineries utilising this method. The Bayer process proves highly efficient but necessitates high-quality bauxite with relatively low impurities, mainly silicon.
The fundamental principle of the Bayer process is as follows: the crystallised aluminium hydrate present in bauxite readily dissolves in concentrated caustic soda (NaOH) at elevated temperatures. Aluminium hydrate crystallises upon cooling and subsequent solution concentration, while the other elements present in the bauxite (referred to as ballast) either remain undissolved or recrystallise and settle at the bottom long before aluminium hydrate crystallises. Consequently, after dissolving aluminium hydrate in caustic soda, the ballast can be effortlessly separated and removed, resulting in a byproduct known as red mud.
The Final Process
Following bauxite mining and alumina production, the final stage involves electrolytic reduction to create aluminium. The heart of an aluminium smelter, the reduction area, differs markedly from traditional steelworks. It consists of expansive rectangular buildings, some exceeding a kilometre in length, housing numerous reduction cells or pots connected to power sources via massive cables.
Operating at constant voltages between 4 and 6 volts, with amperages reaching 300 to 400 KA or more, electric current powers the highly automated production process, requiring only a minimal workforce. Within each reduction cell, aluminium is produced from alumina through an electrolytic reduction in a 950°C molten cryolite bath, with the cell's bottom acting as the cathode and large cryolite-carbon blocks serving as anodes.
An automated alumina feeding system introduces fresh alumina into the cell every thirty minutes. Electric current breaks down aluminium-oxygen bonds, accumulating aluminium at the cell's base, forming a 10-15 cm layer. At the same time, oxygen combines with carbon in the anode blocks, creating carbon dioxide. Aluminium is extracted from the cell using specialised vacuum buckets two to four times daily. A hole is punched in the surface cryolite crust, allowing a pipe to draw in liquid aluminium. On average, each reduction cell yields about 1 tonne of metal, while a vacuum bucket can hold up to 4 tonnes of molten aluminium before transport to the casthouse.
The aluminium production process emits 280,000 cubic metres of gases per tonne of aluminium produced, necessitating gas removal systems in every reduction cell. These systems direct emitted gases to a gas treatment plant, where modern dry gas treatment employs alumina to filter out toxic fluoride compounds, creating a closed-loop system. Due to the substantial electrical power required for aluminium reduction, using eco-friendly renewable sources is crucial.
Hydroelectric power plants are the primary choice, delivering ample power without environmental pollution. For example, in Russia, 95% of aluminium smelters rely on hydroelectric power. However, regions still dependent on coal-fired generation, such as China, see 93% of aluminium production powered by coal plants, resulting in significantly higher carbon dioxide emissions—21.6 tonnes per tonne of aluminium produced, compared to just 4 tonnes with hydroelectric power.
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The global demand for Industrial Salts was valued at USD 15845.2 Million in 2023 and is expected to reach USD 19788.4 Million in 2032, growing at a CAGR of 2.50% between 2024 and 2032.Industrial salts, an essential raw material in various industrial processes, play a critical role across numerous sectors, from chemical manufacturing to de-icing roads. The industrial salts market is vast, encompassing different types such as rock salt, solar salt, and brine, each serving specific applications. This article delves into the current trends, key drivers, and future prospects of the industrial salts market.
Browse the full report at https://www.credenceresearch.com/report/industrial-salts-market
Market Overview The global industrial salts market has shown steady growth over the past few years, driven by increasing demand from various industries. In 2023, the market was valued at approximately USD 14 billion, with projections suggesting a CAGR of around 2.5% over the next five years. The primary types of industrial salts include rock salt, which is mined directly from underground deposits, solar salt, produced through the evaporation of seawater, and brine, extracted from saltwater lakes.
Key Drivers 1. Chemical Industry Demand: One of the largest consumers of industrial salts is the chemical industry, where salt is a critical feedstock in the production of chlorine and caustic soda, which are essential for manufacturing a wide array of products including PVC, plastics, and paper. The robust growth in chemical manufacturing, particularly in emerging economies, is a significant driver of the industrial salts market.
2. Water Treatment: The increasing need for water treatment due to urbanization and industrialization has spurred demand for industrial salts. They are used in water softening and purification processes, helping to remove impurities and improve water quality. With water scarcity and pollution becoming pressing global issues, the demand for industrial salts in this sector is expected to rise.
3. De-icing and Road Maintenance: In regions with harsh winter conditions, industrial salts are indispensable for de-icing roads and highways. This application is particularly significant in North America and Europe, where cold winters necessitate the extensive use of salts to ensure road safety. Climate variability and the increasing frequency of extreme weather events are likely to sustain demand in this segment.
4. Food Industry: While not always immediately associated with industrial uses, a significant portion of salt production is directed towards food processing and preservation. The expanding global population and rising consumption of processed foods are contributing to steady growth in this sector.
Regional Insights - North America: North America is a leading region in the industrial salts market, driven by significant demand from the chemical and de-icing sectors. The United States, with its well-developed industrial base and harsh winter conditions, is a major contributor to regional demand. - Europe: Europe also holds a substantial share of the market, with countries like Germany and the UK being key consumers. The region’s stringent environmental regulations and focus on sustainable practices are influencing the market dynamics, with an increasing emphasis on the efficient use of salts in various applications.
- Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth, fueled by rapid industrialization and urbanization. China and India, with their expanding industrial sectors, are major markets. The region's growing chemical and food processing industries are key factors driving demand.
Future Prospects The future of the industrial salts market looks promising, with several trends poised to shape its trajectory.
- Technological Advancements: Innovations in mining and extraction techniques are enhancing the efficiency and environmental sustainability of salt production. Advanced technologies for salt purification and processing are expected to open new avenues for high-purity salts in specialized applications.
- Sustainability: With increasing environmental concerns, the industry is moving towards more sustainable practices. This includes the development of eco-friendly de-icing solutions and the use of renewable energy in salt production processes.
- Market Consolidation: The industrial salts market is seeing a trend towards consolidation, with major players engaging in mergers and acquisitions to expand their market presence and product portfolios. This trend is likely to continue, enhancing the competitive landscape and driving innovation.
Key Players
Archean Group
Cargill Incorporated
Compass Minerals
Delmon Group of Companies
Dominion Salt Limited
Donald Brown Group
Exportadora de Sal de CV
INEOS
K+S Aktiengesellschaft
MITSUI & CO. LTD
Morton Salt Inc.
Nouryon
Rio Tinto
Salins IAA
Tata Chemicals Ltd
Segmentation
By Type of Salt:
Rock Salt
Solar Salt
Vacuum Salt
Sea Salt
By Application:
Chemical Processing
Water Treatment
De-icing and Snow Removal
Food Processing
Pharmaceuticals
Agriculture
By End-Use Industry:
Chemical Industry
Water Treatment
Food and Beverage Industry
Oil and Gas Industry
Pharmaceutical Industry
Agriculture
By Grade:
Industrial Grade
Food Grade
Pharmaceutical Grade
By Form:
Crystals
Powder
Granules
Liquid
By Method of Production:
Mining
Solar Evaporation
Solution Mining
By Region
North America
The U.S
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/industrial-salts-market
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Top Chemical Companies in Gujarat
Gujarat, often referred to as the "Chemical Hub of India," boasts a vibrant and diverse chemical industry. This region is home to numerous leading chemical companies that play a crucial role in both the domestic and global markets. Top Chemical Companies In Gujarat Among these, Purvi Chemicals stands out as a significant player, known for its commitment to quality and innovation.
1. Purvi Chemicals
Purvi Chemicals is renowned for its wide range of high-quality chemical products. Specializing in industrial chemicals, dyes, and specialty chemicals, Purvi Chemicals has established itself as a trusted name in the industry. The company's state-of-the-art manufacturing facilities and stringent quality control measures ensure that its products meet the highest standards. With a focus on sustainable practices and customer satisfaction, Purvi Chemicals continues to be a leader in the chemical sector.
2. Gujarat Alkalies and Chemicals Limited (GACL)
GACL is one of the largest producers of caustic soda and other alkali products in India. The company is known for its innovative solutions and extensive product portfolio, including chloromethanes, hydrogen peroxide, and various phosphates. GACL's commitment to environmental sustainability and technological advancement has made it a key player in the chemical industry.
3. Tata Chemicals
A part of the Tata Group, Tata Chemicals is a global company with a significant presence in Gujarat. The company is a leading manufacturer of soda ash, salt, and sodium bicarbonate. Tata Chemicals is also involved in the production of fertilizers and has a strong focus on innovation and sustainability.
4. Pidilite Industries
Known for its iconic brand Fevicol, Pidilite Industries is a market leader in adhesives and sealants. The company also produces a range of specialty chemicals, including construction chemicals, textile resins, and leather chemicals. Pidilite's dedication to quality and continuous innovation has earned it a strong reputation in the chemical industry.
5. Aarti Industries
Aarti Industries is a leading manufacturer of specialty chemicals and pharmaceuticals. The company's product range includes benzene derivatives, sulfuric acid, and other specialty chemicals. Aarti Industries is known for its robust R&D capabilities and its commitment to sustainable manufacturing practices.
6. Atul Ltd
Atul Ltd is a diversified chemical company with a strong presence in various segments, including agrochemicals, bulk chemicals, and intermediates. The company's extensive product portfolio and focus on quality have made it a preferred partner for many industries. Atul Ltd is also known for its emphasis on sustainability and social responsibility.
7. Gujarat Fluorochemicals Limited (GFL)
GFL is a leading player in the fluorochemicals sector, producing a wide range of refrigerants, PTFE, and other specialty chemicals. The company is known for its advanced manufacturing processes and its commitment to environmental protection. GFL's innovative products are used in various industries, including automotive, electronics, and healthcare.
Conclusion
Gujarat's chemical industry is a powerhouse, driven by companies that are committed to excellence, innovation, and sustainability. Top Chemical Companies In Gujarat Purvi Chemicals exemplifies these qualities, making it a standout leader in the sector. As the industry continues to grow and evolve, these companies will undoubtedly play a crucial role in shaping the future of the global chemical market.
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Limestone Market - Emerging Trends, Market Players, and Environmental Considerations
The global limestone market size is anticipated to reach USD 126.75 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% from 2023 to 2030. Rising infrastructural developments in the developing economies of the world are expected to fuel market growth across the forecast period. Limestone is a sedimentary rock and is rich in calcium carbonate. It has varying amounts of silica, clay, silt, and sand. The rock is known to be used for ample applications across various end-use industries, where building and construction are its major end-user owing to the easy availability of the material and the strength it provides. It finds application as a building material, in cement production, and as aggregates for road base. Its abundance in nature makes it a preferable option in the construction sector where it is used as blocks, stone cladding on walls, floor paving, tiles, and retaining walls. Characteristics of the mineral include weather-resistant, high strength, the durability of the structure, high structural integrity, versatility, heat conductor, and low cost.
Limestone Market Report Highlights
Asia Pacific is expected to register the fastest CAGR, in terms of revenue, over the forecast period as the region is known for its large production capacity for steel and cement
China was the largest consumer of limestone in the Asia Pacific in 2022. The Chinese industry is mainly driven by massive demand for cement on account of moderate to high growth in building & construction sector and rising investments in infrastructure
The chemical end-use segment anticipated registering the highest CAGR of 8.1%, in terms of revenue, during the forecast period. The industry utilizes limestone in a number of ways, including the production of lime, sodium bicarbonate, soda ash, caustic soda, and ammonia
The iron and steel end-use segment accounted for a volume share of more than 5.0% in 2022. The correction in global steel demand post-pandemic and thus rising crude steel production around the world has benefitted the demand for limestone products.
The limestone industry has witnessed few mergers & acquisitions in the recent past. The cement-producing companies are focusing on acquisitions of limestone reserves to integrate their operations and to ensure a consistent supply of limestone in the production of cement.
For More Details or Sample Copy please visit link @: Limestone Market Report
The mineral is gaining preference in countries with the presence of historic structures in terms of restoration. For example, in November 2019, the Public Works Department in Chennai, Tamil Nadu, India, introduced a stone roller yard for grinding sand and limestone for plastering, in an attempt to revive a traditional method of restoring heritage structures.
Accelerating demand for limestone witnessed a decline in 2020 on account of the outbreak of the covid-19 pandemic across the world. The pandemic compelled governments worldwide to impose lockdown and halt all sorts of activities, which drastically impacted the demand for limestone. The countries are striving to slowly regain their stability by offering ease in restrictions.
North America is a hard hit region by pandemic as a large number of cases have been reported in the countries, especially the U.S. However, governments in the region have made an attempt to permit operations, such as construction and manufacturing, to operate at minimal capacity. The resumption in construction activities is anticipated to balance the decline in limestone consumption owing to the spread of coronavirus. For example, in July 2020, a Euro 183 million (USD 209.4 million) contract was granted by the Canadian Province of Alberta’s Ministry of Transportation to the consortium of Vinci and Graham for building the final section of the West Calgary Ring Road Project. Such initiatives are anticipated to prove fruitful for market growth.
The global market is characterized by the presence of established players, which makes competitive rivalry extremely high. Many players are integrated across the value chain in order to gain a competitive edge by benefitting form an integrated supply chain. For instance, LafargeHolcin owns limestone quarries in different parts of the world and utilizes the quarried stone in cement, concrete, and aggregates production. In addition, the company is engaged in providing construction solutions. In May 2020, the company resumed its operations at a limestone mine in Meghalaya's East Khasi Hills, India in order to supply the raw material to its cement plant in Bangladesh.
#LimestoneMarket#ConstructionMaterials#BuildingIndustry#Quarrying#Architecture#Infrastructure#IndustrialMinerals#Sustainability#Geology
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"Polyisobutylene Pathways: Understanding Market Size, Share, and Trends"
Isobutylene can be polymerized to create polyisobutylene (PIB) or polyisobutene (C4H8), a transparent synthetic hydrocarbon elastomer. In order to produce a wide range of goods, including lubricants, tyres, adhesives, fuels, sealants, and others, polyisobutylene is an essential raw material. Polyisobutylene is a versatile polymer with many uses because of its exceptional flexibility, resistance to ozone and oxidation, thermal stability, and impermeability properties. Because of its resilience to the weather, it is more in demand for the manufacture of mechanical goods including hosepipes, pharmaceutical stoppers, and construction sealants. electrical insulation is one of polyisobutylene's properties.
I can give you an outline of the polyisobutylene (PIB) business as of my most recent knowledge update in September 2021. However, since market conditions are subject to change over time, I suggest consulting more recent sources for the most up-to-date details. The market for polyisobutylene (PIB) is predicted to increase at a CAGR of 5.6% and increase from US$ 2.3 billion in 2023 to US$ 4 billion by 2033.
For More Info:https://www.factmr.com/report/5160/polyisobutene-market
Competitive Landscape
The worldwide market is highly consolidated with a few major players holding most of the share. Key players in the PIB market are investing heavily in research and development activities, especially to develop environmentally friendly products.
In September 2021, Braskem and CHEMETRY invested USD 18 million to establish a plant in Alagoas, Brazil, to manufacture EDC and caustic soda to fulfil domestic demand.
BASF India joined BASF Performance Polyimides India in August 2021 to establish a single company for the development of all of its products in India. This merger aided the company in strengthening its position and improving access to key markets and industries.
BASF SE introduced its polyisobutylene product, OPPANOL C, in the North American market in February 2021. OPPANOL C is manufactured as one-inch chips in order to save product development time and manufacturing procedures for customers by enabling simpler and faster processing.
Daelim Industrial, a South Korean firm, signed a deal with Lubrizol, a US-based company, in 2021 to deliver its PIB production technology. The technology can be used to produce a variety of PIB, ranging from highly reactive to conventional PIBs.
Key Companies Profiled
BASF SE
Kothari Petrochemicals
Chevron Oronite Company LLC
Zhejiang Shunda New Material Co., Ltd
Daelim Industrial. Co. Ltd
Shandong Hongrui New Material Technology Co., Ltd
INEOS Group
ENEOS Corporation
TPC Group Inc
Lubrizol Corporation
Polyisobutylene (PIB) Overview:
1. Definition: Polyisobutylene (PIB) is a synthetic rubber-like polymer that is derived from the polymerization of isobutylene. It is a highly versatile and valuable product used in various applications due to its unique properties.
2. Market Drivers:
Automotive Industry: PIB is commonly used in the automotive industry, primarily in the production of tires and inner tubes. As the global automotive industry grows, so does the demand for PIB.
Adhesives and Sealants: PIB is utilized in the manufacture of adhesives and sealants, where its excellent sealing properties make it a preferred choice.
Lubricants: PIB is used in the formulation of lubricants, especially for two-stroke engines and other high-performance applications.
Pharmaceuticals: It is also employed in the pharmaceutical industry for various applications, including as an ingredient in drug formulations.
3. Types of PIB:
High Molecular Weight PIB: Used in applications requiring high viscosity and excellent tackiness, such as adhesives and sealants.
Low Molecular Weight PIB: Used in lubricants and fuel additives due to its low viscosity and improved flow properties.
4. Regional Market Trends: PIB production and consumption vary by region. Historically, North America, Europe, and Asia have been significant players in the PIB market. Asia, in particular, has seen substantial growth in PIB demand due to its expanding automotive and industrial sectors.
5. Industry Challenges:
Environmental Concerns: Like many petrochemical products, PIB production can have environmental implications, which can lead to regulatory challenges as environmental regulations become stricter.
Price Volatility: The price of PIB can be subject to fluctuations in the petrochemical market, especially in response to changes in crude oil prices.
6. Recent Developments: Companies in the PIB industry have been focusing on research and development to improve product performance and reduce environmental impacts. This includes developing more sustainable production processes and exploring new applications for PIB.
7. Future Outlook: The PIB market is expected to continue growing, primarily driven by increasing demand from industries like automotive, construction, and pharmaceuticals. Additionally, innovations in PIB production and applications may shape the market's future dynamics.
Please keep in mind that the PIB market is subject to changes, and market conditions may have evolved since my last update in September 2021. It's essential to consult more recent sources and market reports for the most up-to-date information and trends in the polyisobutylene market.
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Chlor-alkali Equipments Market Growing Popularity and Emerging Trends in the Industry
Latest study released by AMA Research on Global Chlor-alkali Equipments Market research focuses on latest market trend, opportunities and various future aspects so you can get a variety of ways to maximize your profits. Chlor-alkali Equipments Market predicted until 2027*. Chlor-alkali equipment is defined as an equipment’s present in the plant needed for manufacturing and for other processes of Chlor-alkali. While Chlor alkali is defined as an industrial process for producing the caustic soda, chlorine, and other sodium and chlorine-based derivatives such as chlorinated paraffin, hydrochloric acid, bleaching powder, hydrogen gas, and sodium hypochlorite. Chorine is basic chemical for the plastics industry, as EDC/PVC is used in a large number of plastics. Some of Key Players included in Chlor-alkali Equipments Market are
thyssenkrupp Uhde Chlorine Engineers (Germany)
Asahi Kasei Corporation (Japan)
Bluestar (beijing) chemical machinery Co. LTD. (China)
Nuberg Engineering Limited (India)
Alfa Laval AB (Sweden)
Powell Fabrication & Manufacturing, LLC (United States)
3V Tech S.p.A. (Italy)
Titanium Tantalum products limited (India)
Nanjing Tangent Fluid Technology Co., Ltd. (China)
Boccard (France)
Drivers: Promising Growth of Chemical Industry in Emerging Markets
Rising Government Support
Rising R&D Investment
Challenges: High Cost of Installation and Operation
Regulatory Compliance and Traceability
Opportunities: The Increasing Plant Set-Ups among the Developing Countries
The titled segments and Market Data are Break Down by Type (Electrolytic Equipment {Membrane cell, Mercury cell, and Diaphragm cell}, Container Equipment, Others), Application (Chlor-alkali Industry, Metallurgical Engineering, Other Chemical Industry)
Presented By
AMA Research & Media LLP
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Chlorine Market Size, Share, Demand, Growth & Trends by 2032
The global chlorine market is worth US$ 14.36 Billion as of now and expected to reach US$ 21.86 Billion by the year 2032 at a CAGR of 4.3% between 2022 and 2032.
The end-uses of chlorine and its derivatives include paints & coatings, adhesives, food processing, plastic, cosmetics, pharmaceuticals, water treatment, and likewise.
Chlorine acts as a raw material to produce a series of chemicals. For instance – it is vital regarding production of PVC (Polyvinyl Chloride). The applications of PVC include automotive, construction, composite manufacturing.
At the same time, it needs to be noted that handling as well as transporting chlorine comes with risks, as chlorine falls in the category of toxicological and inflammable substances. It also ends up enhancing the other materials’ combustion rate. Regulatory bodies like the US FDA, EPA, WHO, IARC, and likewise are imposing stern restrictions in the interest of safeguarding the environment.
For details on vendors and their offerings – Request a sample report: https://www.futuremarketinsights.com/reports/sample/rep-gb-591
Additionally, production of chlorine is energy-intensive, which adds to overheads. In the last few years, countries like China have over-produced chlorine. As such, the prices have come down drastically. This could be problematic to the manufacturers regarding the way they cover the overall costs. The demand won’t cease, as market is witnessing a shift to membrane technology from mercury cell technology.
Regions like India, Austria, Brazil, the UK, Sweden, the US, France, and Spain are heavily investing in the building & construction sector. This asks for an exorbitant demand for PVC. Thus, the chlorine market, in spite of the over-reactive nature of chlorine, is expected to go great guns going forward. Future Market Insights has highlighted these findings with future perspectives in its latest market study entitled ‘Chlorine Market’. It has its indigenous team of analysts and consultants to deploy a bottom-up approach in its primary, secondary, and tertiary modes of research.
“With agrochemical and pharmaceutical verticals witnessing an upsurge in EDC (ethylene dichloride) and PVC (polyvinyl chloride), the chlorine market is expected to grow remarkably in the near future”, says an analyst from Future Market Insights.
Key Takeaways from Chlorine Market
· North America holds close to 18% of the market share. This could be attributed to the US housing several primary manufacturers. Also, chlorine, along with its derivatives, are widely sold for producing prescription chemicals sold al across Canada and the US.
· Europe is expected to show steadiness in the chlorine market in the forecast period, especially amidst the economic slowdown faced by the UK.
· The Asia-Pacific is expected to witness a marked growth in chlorine market in the forecast period due to growing demand for caustic soda (which is by-product of chlorine production).
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Competitive Doorstep
· INOVYN, in January 2021, got selected by Koyuncu Group for supplying chlor-alkali technology at novel manufacturing facility in Konya, Turkey. BICHLOR bipolar electrolyzers would be provided by INOVYN for new facility for producing hydrochloric acid, chlorine, and sodium hypochlorite. Production began at the start of 2022 and claims to have manufacturing capacity of 50K tons every year.
· Potasse et Produits Chimiques SAS, in July 2019, did join Vynova Group. Site based out of Thann (France) has been rechristened to ‘Vynova PPC SAS’ and included under Vynova umbrella. It contains a membrane electrolysis plant and manufactures liquid potassium hydroxide (KOH) and chlorine.
· NX Filtration does develop hollow fiber modules and membranes for ultrafiltration and nanofiltration. The ultrafiltration membrane’s ‘Ultra’ range is based on modified PES (polyethersulfone) chemistry retaining yeast, microorganisms, and floating particles at the time of facilitating salts, proteins, and petite organic molecules. The membranes are known for having superlative tolerance to chlorine, with higher pH.
Unleashing the Macros of Chlorine Market
· The research study is based on application (isocyanates and oxygenates, EDC/PVC, inorganic chemicals, chloromethanes, solvents and electrolysis, pharmaceuticals, and electronics), and by end-use (pulp and paper, water treatment, chemicals, plastics, pesticide, and durable pipes).
· Growing demand for various chemical intermediates like acid chlorides, hydrochloric acid, metal chlorides, hypochloric acid, chloroform, and the other chlorine derivatives would certainly keep the cash registers ringing for chlorine market.
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Maximize Cooking Oil Life In Your Namkeen Factory
Cooking oil is a crucial part of the Namkeen production process, and it is important to take important measures to prevent its deterioration from time to time which helps in reducing waste, expenses, and the possibility of producing food products with a poor flavour.
The frying oil tends to degrade over time due to various factors, such as exposure to heat, light, and air, and the accumulation of food particles and moisture. This degradation can result in the oil becoming awful and unhealthy, which can affect the quality of the namkeen and pose health hazards to consumers.
In this post, we will discuss how to extend the life of cooking oil in commercial frying machines and which company offers most affordable namkeen making machine price.
Because the degradation of oil is a serious problem, the namkeen fryer manufacturers must provide a machine that can help maintain oil quality.
When you are going to buy automatic namkeen fryers you should make yourself aware of various aspects of machines & their environmental requirements. You should choose the best namkeen fryer machine, choose the oil that is ideal for the frying system and product, and follow good oil management to maintain high oil quality.
How can oil go bad?
The deterioration of namkeen frying oil falls into three categories:
1. XEROSIS
Cooking oil and air coming into contact cause this. High temperatures, metal alloys, oil exposed to air over a large surface, sluggish rates of oil turnover, and UV light all catalyse the oxidation reaction. Antioxidants can be used to prevent excessive oxidation from starting and to extend the shelf life of products.
2. HYDROLYSIS
This happens when water and frying oil combine, giving the finished product a strange flavour. Many factors can accelerate hydrolysis, including acids, high temperatures, slow rates of oil turnover, increased number of heating and cooling cycles of the oil, particles in the oil, products of oxidation, caustic soda, metal alloys, and some emulsifiers.
3. POLYMERIZATION
When frying oil degrades, both volatile (or reactive) and non-volatile chemicals are produced as byproducts. The frying oil’s non-volatile chemicals are still there and can cause polymerization. On the oil surface and in other parts of the fryer, these molecules combine to create substantial clusters of various sizes. As they don’t dissolve, they produce foaming (such as when air gets trapped in the oil), raise the risk of hydrolysis, and are challenging to remove from the automatic namkeen fryer.
The selection of oil and its standards
The type of oil you are going to select for your namkeen-making industry will impact the final flavour. As a Namkeen Manufacturer, you are compelled by consumer choice to reduce the number of saturated fats in the finished product.
More oil instability would come from higher levels of unsaturated oils, which is a crucial factor to take into account when choosing continuous namkeen fryers.
Environmental standards are also quite important. Effective oil-handling performance along with appropriate oil storage and transfer equipment must be taken into account because some oils harden in ambient circumstances.
You need to make sure that the oil used is compatible with the way namkeen is fried. Namkeen manufacturers must also ensure that oil specifications are met.
You as a namkeen manufacturer must decide on what to consider to be a minimum standard for oil quality and make sure the supplied oil meets this need.
In countries like India, Bangladesh, Kenya, Uganda, Nigeria, UAE the namkeen machine prices are affordable and in premium quality.
Ways To Maximize Cooking Oil Life
Use high-quality oil
The quality of the oil used in the batch type namkeen fryer machine is critical to its lifespan. Using high-quality oil with low acidity and low moisture content will reduce the chances of the oil becoming rancid. It is recommended to use vegetable oils that are high in unsaturated fats such as sunflower, soybean, or canola oil.
Filter the oil
Filtering the oil regularly will help to remove food particles and other impurities that can contribute to the degradation of the oil. It is recommended to filter the oil daily or after every batch of namkeen snacks. This will not only extend the life of the oil but also improve the quality of the snacks along with affordable automatic sev making machine price.
Store the oil properly
Storing the oil properly is crucial in maximizing its life. The oil should be stored in a cool, dry place, away from heat and light. Exposure to heat and light can accelerate the oxidation process, leading to the oil becoming rancid quickly. It is also recommended to store the oil in a sealed container to prevent the entry of air and moisture.
Monitor the oil temperature
The temperature of the oil is another critical factor in its lifespan. Cooking oil should be maintained at a temperature between 160°C and 180°C. Cooking at higher temperatures will cause the oil to break down quickly, leading to faster degradation. It is recommended to use a thermometer to monitor the oil temperature during the frying process in an automatic namkeen fryer or bhujia maker machine.
Use antioxidants
Antioxidants such as citric acid or ascorbic acid can be added to the oil to slow down the oxidation process. These additives work by neutralizing the free radicals that cause the oil to become rancid. However, it is important to note that the use of antioxidants should be limited to the recommended dosage to avoid affecting the flavour of the snacks. In conclusion, maximizing the namkeen frying oil life in your namkeen-making factory is essential to producing high-quality and healthy snacks. Using the right continuous namkeen fryer, high-quality oil, filtering the oil regularly, storing the oil properly, monitoring the oil temperature, and using antioxidants are some of the ways to extend the lifespan of cooking oil. Economode offers affordable namkeen plant cost without even compromising the qualiy of final product.
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Sodium Silicate Market | Global Industry Size, Share, Analysis Report, 2035 | ChemAnalyst
According to ChemAnalyst report, “Sodium Silicate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2035”, The Sodium Silicate market is likely to experience a significant increase by reaching 14.5 million tonnes in 2035, at an expected CAGR of 3.71% during the forecast period. The increasing demand for Sodium Silicate from Precipitated Silica, Detergents, Paper Production, Titanium White, Ceramic Materials, and other end-use industries, is expected to boost the demand for Sodium Silicate market in the coming years.
Sodium Silicate or waterglass is prepared industrially by when silica (quartz sand), caustic soda, and water are treated with hot steam in a reactor. This compound is readily soluble in water and displays properties like stability at high temperature, binding properties, resistance to acidic medium and basic medium. The applications include detergents, paper making, drilling fluids, soaps, refractory cement, zeolites, adhesives, mineral processing, and more. Further it is used as a corrosion inhibitor and useful in various industries.
Moreover, across the globe, the expansion of the Sodium Silicate market is primarily driven to produce Precipitated Silica. Precipitated Silica have various applications like paints, varnish, coatings, adhesives, soaps, adhesives, and others. Moreover, Sodium silicate also tends to have applications in the Paper Industry as well. It is frequently used as an adhesive to bond paper boards and cardboard, as well as a stabiliser for pulp bleaching and an additive for de-inkling recycled paper. Thus, it is a commercially significant chemical for recycling paper and this industry to swell the Sodium Silicate in the forecast period.
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The Sodium Silicate market is segmented based on type, end-use, sales channel, and region. The market is segmented on type: Based on type, the Sodium Silicate market is segregated into Liquid and Dry Solid. Liquid type currently dominates the global Sodium Silicate market and expects to dominate the market in the coming years.
Based on end-uses, the Sodium Silicate market is segregated into Precipitated Silica, Detergents, Paper Production, Titanium White, Ceramic Materials, and others. The Precipitated Silica industry is the dominating the Sodium Silicate market with the demand of approximately 37% in 2021. It will most likely stay the biggest industry during the forecast period due to growing demand of sealants in future. Furthermore, Detergents and Paper Production Industry are also the prominent consumers of the Sodium Silicate market.
Asia Pacific dominates the global Sodium Silicate market, consuming about with a demand of approximately 49% of the global million tonnes of Sodium Silicate among all other regions. In construction of infrastructure, sodium silicate is used as a binder, concrete refractories, and concrete strengthening to provide the structures more strength. As a result, during the projected period, infrastructure development in developing countries like India and China will drive growth in the global Sodium Silicate market. Based on production, USA is leading across the globe. In 2021, the Sodium Silicate production by companies situated in USA produced more than 35% of the global Sodium Silicate production.
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“Sodium Silicate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2035”, the significant players functional in the Sodium Silicate market include PQ Corp., Occidental Petroleum Corporation-Oxy (Diamond Shamrock), CIECH Vitrosilicon S.A., DuPont de Nemours, Qingdao Dongyue Sodium Silicate Co., Ltd., Kiran Global Chems Limited, Wecan Industrial Corporation, and others.
“The rapidly increasing demand for precipitated silica and paper is expected to boost the Sodium Silicate market in the forecast period until 2035. Consistently growing demand for Sodium Silicate, for pulp bleaching and de-inkling paper implies its significance in paper making and paper recycling. Furthermore, its employment for preparation of precipitated silica which is further employed for making adhesives for usage in the construction industry is anticipated to further Global Sodium Silicate market expansion in the coming years “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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Chlor-Alkali Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Source; Function; Application and Geography
Global Chlor-Alkali Market was valued at USD 91.55 billion in 2021 and is expected to reach USD 118.86 billion by the year 2028, at a CAGR of 3.8%.
Chlor-alkali refers to the two chemicals such as chlorine and alkali which are concurrently manufactured as a result of the electrolysis of salt water. The most common chlor-alkali chemicals are chlorine and caustic soda (sodium hydroxide) but can include potassium hydroxide and muriatic acid. There are three types of electrolytic processes utilized in the production of chlorine and caustic soda such as the diaphragm cell process, the membrane cell process, and the mercury cell process. In the mercury cell process, chlorine and sodium hydroxide are manufactured all together by electrolyzing seawater (sodium salt water or brine) in a mercury cell. The chlor-alkali process makes usages of cation exchange membrane technology, which is the most advanced, very efficient, and the most environmentally friendly Chlor-alkali technology producing high-quality products meeting a wide range of demanding applications such as Soaps and Detergents, Paper and Pulp, Pharmaceuticals, Organic chemical, Inorganic chemical, Textiles, Alumina, Textile, Water Treatment, Chemical Processing, and Others.
The research covers factors impacting the top market participants as well as current technical breakthroughs. The study includes thorough statistical data to assist top organizations in better understanding the industry's operations. The report examines every major organization and actor involved in industrial growth, as well as providing a complete assessment of the competitive environment. In addition, the inquiry looks into market challenges, opportunities, constraints, development drivers, trends, and the company production network, among other things. It also provides information about each section's attractiveness, as well as its growth rate and market size, which aids in determining which segment to invest in or promote.
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Key Industry Players in the Chlor-Alkali Market:
· Olin Corporation(US)
· Westlake Chemical Corporation (US)
· Tata Chemicals Limited (India)
· Occidental Petroleum Corporation (US)
· Formosa Plastics Corporation (Taiwan)
· Solvay SA (Belgium)
· Tosoh Corporation (Japan)
· Hanwha Solutions Corporation (South Korea)
· Nirma Limited (India)
· AGC Inc. (Japan)
· Dow Inc. (US)
· Xinjiang Zhongtai Chemical Co. Ltd. (China)
· INOVYN (UK)
· Ciner Resources Corporation (US)
· Wanhua-Borsodchem (Hungary) and other major players.
Chlor-alkali products such as chlorine, caustic soda, and soda ash play a vital role in the chemical industry. These products are necessary raw materials in major bulk chemical industries and utilized in various industrial and manufacturing value chains. The products are used in different applications such as plastics, alumina, paper & pulp, and others and find applications in diverse end-use industries (construction, automotive, and others). Thus, rising chemical output and strong economic conditions in emerging countries are expected to drive the growth of the chlor-alkali market.
Segmentation Analysis Includes,
By Type:
· Caustic Soda
· Chlorine
· Soda Ash
· Others
By End Users:
· Soaps & Detergents
· Paper & Pulp
· Organic Chemical
· Water Treatment
· Others
By Distribution Channels:
· Direct Sales
· Specialty Stores
· Warehouses
· Online
· Others
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Table of Content:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Chlor-Alkali Market by Type
Chapter 6: Chlor-Alkali Market by End Users
Chapter 7: Chlor-Alkali Market by Distribution Channels
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Chlor-Alkali Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Chlor-Alkali Market Analysis, Insights and Forecast, 2016-2028
Chapter 11: Europe Chlor-Alkali Market Analysis, Insights and Forecast, 2016-2028
Chapter 12: Asia-Pacific Chlor-Alkali Market Analysis, Insights and Forecast, 2016-2028
Chapter 13: Middle East & Africa Chlor-Alkali Market Analysis, Insights and Forecast, 2016-2028
Chapter 14: South America Chlor-Alkali Market Analysis, Insights and Forecast, 2016-2028
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
The outbreak of COVID-19 has impacted most industrial operations across the world. Disruptions in logistics & supplies, labor shortage, absence of end-users, and other restraints are major challenges faced by industries globally. During the initial phase of the outbreak, operation rates had fallen sharply, and some plants had to halt production for a few days. Further, the absence of end-users significantly reduces the demand for these products, particularly chlorine.
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The sudden emergence of the humanitarian crisis has inflicted a negative impact on the market’s growth. The low available workforce and the closure of production facilities during the initial days of the pandemic have affected the growth of the market. The disruptions in the supply chain networks have exacerbated the impact. Additionally, the reduced demand for chlorine by end-use industries further aggravated the situation.
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Best Caustic soda manufacturer in Ahmedabad - Chemfert Chemicals
Chemfert Chemicals is leading caustic soda manufacturers, Suppliers in Ahmedabad, India. Chemfert Chemicals is caustic soda distributors where to buy near me in Ahmedabad. Get best contact and address details for caustic soda price per kg Chemfert Chemicals has top class caustic soda producers in India.
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CHEMICAL INDUSTRY IN INDIA : AN OVERVIEW
The Indian Chemical Industry is an integral part of the economy. In all different ways it’s a part of our lives. We are inextricably linked to the industry-be it be the furniture we use, cars we drive, garments we put on or the drugs we consume. Indian Chemical industry is both capital as well as knowledge intensive. This industry is playing important role in meeting up with basic needs of the people and improving their lives. S Epichlorohydrin (67843-74-7) manufacturer India is a leading Indian manufacturer of speciality chemicals, pharmaceutical intermediates and aroma chemicals with a global footprint. We manufacture chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants and chirally pure intermediates. Our wide portfolio has made us a global partner of choice for various major global and domestic customers.
Based on composition and end use, chemicals can be divided into following broad categories:
● Bulk Chemicals:
This segment includes basic organic (methanol, acetic acid, phenol, etc.) and inorganic (also known as alkali chemicals, caustic soda, chlorine and soda ash).
●Specialty chemicals:
Also known as performance chemicals are high value compounds with low volume. Paints and adhesives, electronic and oilfield chemicals are few of the specialty chemicals examples.
●Agrochemicals:
Chemicals important for agriculture crops to protect against insecticide and pesticides.
●Petrochemicals:
Chemicals derived from petrochemicals. Two common classes of petrochemicals are olefins and aromatics.
●Fertilizers:
Fertilizers are organic or inorganic compounds required for the growth of the plants. Manufacturing raw materials for agriculture in fertilizer sector, is the foremost occupation of India.
INDUSTRY SCENARIO AND MARKET SIZE
● Indian chemical industry is vastly diversified with more than 80,000 commercial products in the market. Chemical industry in India is delicensed apart from for few of the hazardous chemicals.
● The market size of chemical industry of India came up at $ 163 billion for FY 2021-2022 and is expected to reach $ 304 billion by 2030, with growth in demand for chemical products by approx. 9 % per annum in coming next five years.
● India is the third largest producer of chemicals by volume in Asia and sixth largest producer of chemicals in the world.
●India has 3.40% of contribution towards the global chemical industry along with 10.30% of chemical products exports share, making it to rank on 14th in exports globally (excluding pharma products). HIL (India) Ltd, a PSU under the Department of Chemicals and Petrochemicals has recorded growth in exports in the first two-quarters of FY 2021-2022.
● Union Minister for Chemicals and Fertilizers, Shri D.V. Sadananda Gowda launched the Phase-II of the Direct Benefit Transfer of Fertilizer Subsidy (DBT 2.0) in July 2019. The new initiatives of DBT 2.0 are DBT Dashboards, PoS 3.0 Software and Desktop PoS Version. The Department of Fertilizers (DoF) has implemented the Phase-I of the DBT system in fertilizer subsidy pan-India in Fertilizers w.e.f. March 2018.
●India is the third largest consumer of polymer , and fourth largest producer of agrochemicals in the world. With more than 45 technical grade pesticides being manufactured in the homeland, the country qualifies as one of the most dynamic generic pesticide manufacturers in the world. Being a net export earning industry, it has a significant contribution to the foreign exchange basket of the country.
●India accounts for approx. 16% of the world dyestuff and dye intermediates production, making it a strong dye supplier globally.
●The specialty chemicals market in India has witnessed 14% growth in past 5 years and is expected to reach $ 70 billion in market size by 2020. India produces many fine and specialty chemicals, which are essential for increasing industrial production. These special chemicals find wide usage as polymer additives, food additives and pigments and anti-oxidants in the rubber industry.
● Under its diversification programme, FCI Aravali Gypsum and Minerals India Limited (FAGMIL) has taken up a project to establish a white cement plant near village Nohra Dhar in the Sirmour district of Himachal Pradesh, at a project cost of approximately INR 605 cr.
● Total chemicals and petrochemicals production in India were $ 7,44,607.71 during the year 2021-2022. The petrochemical market is expected to reach $ 100 bn over the next 5 years at a CAGR of 10%.
● Alkali chemicals have the largest share with approx. 69% share in the total production globally.
● Indian Scientists have designed a new non-toxic organic photocatalyst that can efficiently capture CO2 and convert it into methane.
● Indian Chemical Industry has created employment opportunities for more than 2 million people.
● FDI of 100% is allowed in the chemicals sector of India under the automatic route, except for few of the hazardous chemicals.
MAJOR INVESTORS IN CHEMICALS INDUSTRY OF INDIA
● Mitsubishi chemicals
● BASF
● ADEKA
●Akzo nobel
●Dupont
●Syngenta
●DyStar
●Henkel
●Rhodia
● WACKER
●CRODA
GROWTH DRIVERS
● Indian Potash limited (IPL) signs MoU with Israel Chemicals Limited (ICL) for the supply of Muriate of Potash (MOP) for the period 2022 to 2027 with the aim to propel agriculture production and improve lives of farming community.
● IFFCO has started production of Nano Urea and the work on Nano DAP, as less amount of Nano Urea will be used contrary to the quantity used for fertilizers at present and contribute to higher nutrient use efficiency.
● GOI aims to make Atmanirbhar Bharat in Urea and DAP Production by using 'Green Hydogen'.
STATISTICS
● The Chemical industry in India is expected to grow at 9.3% per annum to reach USD 304 Bn by FY 2025.
● Fertilizers production (weight: 2.63 percent) declined by 1.4 percent in February 2022 over February 2021. Its cumulative index decreased by 0.4 percent during April to February 2021-22 over the corresponding period of previous year.
● Among Major Chemicals, the production of Pesticides & Insecticides has increased by 25.04% and in the case of Alkali Chemicals, Inorganic Chemicals, Organic Chemicals and Dyes & Pigments production has decreased during the period as compared to the last year.
● The production of Pesticides & Insecticides has increased by 32.54% and Organic Chemicals has increased by 2.13% and in case of Alkali Chemicals, Inorganic Chemicals, and Dyes & Pigments production has decreased during the period as compared to the last year.
● Exports of Organic and Inorganic chemicals values at USD 2649.59 mn in March 2022 and records positive growth vis-à-vis March 2021 of 15.76%.
● Organic and Inorganic chemicals shares 6.56% of the total exports of the country in the month of March.
● Exports of Organic and Inorganic chemicals values at USD 29152.67 mn from Apr21- Mar22 and records positive growth vis-à-vis Apr20-Mar21 of 31.98%.
● Organic and Inorganic chemicals shares 6.98% of the total exports of the country in the period Apr21- Mar22.
● Exports of Plastic and Linoleum values at USD 811.53 mn in March 2022 and records positive growth vis-à-vis March 2021 of 12.78%.
● Plastic and Linoleum shares 2.01% of the total exports of the country in the month of March.
● Exports of Indian Chemicals has registered growth of 106% in 2021-22 over 2013-14. India’s exports of Chemicals for 2021-22 hit a record at USD 29296 Mn.
FUTURE PROSPECTS & INVESTMENT OPPORTUNITIES
Indian chemical industry is expected to register a growth of 8-9% in the next decade and is expected to double its share in global chemical industry to 5-6% by 2030. Indian Chemical industry has the potential to grow significantly provided some of the key growth imperatives are taken care of. Securing Feedstock, Right Product Mix, M&A opportunities are currently the key imperatives for chemical industry in India. Few investment opportunities can be highlighted as:
1. Chemical companies in India can either explore alternate feedstock or invest in setting up plants in resource rich nations to secure feedstock.
2. Companies need to invest in exploring the right product mix to be competitive and profitable using the available feedstock in India i.e. Naphtha and its derivatives.
3. Indian companies can explore possible Merger, JV opportunities for technology, capital or access to international market by taking advantage of increasing expansion of western companies in India.
4. Chemical companies can invest in exploring strategic energy management and strategic water management to cut down their energy costs and contain water availability concerns.
5. Companies can invest in upcoming PCPIRs in India and overcome challenges related to infrastructure, power and water availability.
6. There are good opportunities in segments such as Speciality Chemicals, Speciality Polymers, for catering to huge emerging domestic demand as also as a manufacturing hub.
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Chlor-Alkali Market by forecasting the high Growth Segments | Market Research Future
Owing to wide applications the Chlor-alkali products have great demand in the market. The global Chlor-Alkali market is estimated to grow at a compound annual growth rate CAGR of 5.59 % over the current forecast period (2021-2030). The Chlor-Alkali Market is showing remarkable growth and was valued at USD 98.16 billion in 2030. The major products of the Chlor-alkali process such as chlorine, caustic soda, and soda ash play an important role in different chemical industries. Owing to wide applications of Chlor-alkali products in various industries the global demand was 244,214.46 kilotons in 2030. Global Chlor-Alkali Market Overview 2030 -
Chlor-alkali Market is an industrial process that consists of two chemicals, namely chlorine and an alkali, and is used for the electrolysis of sodium chloride. It is a technology that is used to produce sodium hydroxide and chlorine, both of which are commodity chemicals required by the industry. It can also produce muriatic acid and potassium hydroxide. There is a total of three types of electrolytic processes used in the production of caustic soda and chlorine; these are the mercury cell process, the diaphragm cell process, and the membrane cell process. Realizing the market potential, an extensive study has been conducted by the team of Market Research Future (MRFR) to analyze the factors driving the market.
Obtain Brochure For Latest Technology Advancements @ https://www.marketresearchfuture.com/sample_request/1966 Prominent Players Analysis: Solvay SA (Belgian), Olin Corporation (US), Axiall Corporation (US), Akzo Nobel NV, The Netherlands) Bayer AG (Germany), Covestro AG (Germany), Tosoh Corporation (Japan), Tata Chemicals Ltd (India), Tronox Limited (US), Xinjiang Zhongtai Chemical Co. Ltd (China), and others.
On the contrary, strict governmental measures pertaining to the use of brominated flame retardants in electronic equipment and textile, and its toxic properties are factors that may limit the global Chlor-Alkali Market growth over the forecast period.
The global Chlor-Alkali Market has seen potential growth in the last year and is expected to expand significantly in the coming years. The transition witnessed various technological advances and changes in the wireless communication sector, owing to the ever-growing demand for smartphones with enhanced features; increased storage space, for instance. Miniaturization is a prominent trend noted in the global smartphone and tablet market, where the size of the electronic components used in the manufacturing of smartphones and tablets are reduced without jeopardizing its performance and quality. In order to achieve fine line printing in the miniaturized components the manufacturers need inks with advance formulations, which in turn is driving the market for Chlor-Alkali Market.
On the flip side, factors that can cause the market to deteriorate are strict government regulations in regard to the safety of the environment. This is due to the harmful carbon and mercury emissions which emits from these products. Another hurdle that must be conquered over in the sector is the lack of standardization in order to achieve growth and expansion. Moreover, it should be ensured that lower energy is consumed and the impact over the environment is reduced by enhancing the pre-existing technologies. This would enable the Chlor-Alkali market to continue on its upward growth trajectory.
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Industry/ Innovation/ Related News:
October, 2017 – Nano Dimension, a leading name in the conductive ink market space has opened its new production plant for Nano particle ink production. The facility is dedicated towards production of advanced nanoparticle conductive and dielectric inks.
May, 2016 – DuPont (Now DowDupont) launched new conductive ink for digital printing applications. The new product from the company will enable digital printing of various electronic components and circuits such as OLED panels, solar cells, printed antennae and touch panels where fine line of printing is required Chlor-Alkali Market - Segments:
Segmentation of the global Chlor-Alkali market, by product type
Caustic soda
Soda ash
Chlorine
The chlorine segment is the dominating market segment. This dominance is due to its wide application in various industries. Chlorine is used to manufacture PVC plastics, industrial solvents, paints and dyes, medicines, pesticides, etc. Moreover, it is also used on a large scale for bleaching purposes in the paper and textile industry. It also finds its use in water treatment plants.
Segmentation of the global Chlor-Alkali market, by the production process
Membrane cell process
Diaphragm cell process
Mercury cell process
The membrane cell process Is the most practiced. The popularity of this process is driven by less energy requirement in the procedure. Moreover, the initial investment required to set up a production unit is also very less in this type.
Segmentation of the global Chlor-Alkali market, by application
Organic chemicals
Food processing
Paper & pulp
Metallurgy
Isocyanates & oxygenates
EDC/PVC
Water treatment
Textiles
Soaps & detergents
Alumina
Others
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In 2019, Global speciality chemicals company ICL’s Industrial Production division (ICL-IP) announced its strategic agreements with its Asian customers to expand the capacity of bromine compounds. The agreements will look to increase the production capacity of its TBBA bromine compound by up to 25,000mtpa. Regional Analysis -
The segmentation of the global Chlor-Alkali Market share comprises regions like Asia-Pacific, North America, Europe, and Rest of the World.
Globally, Asia-Pacific bears the dominant position in the Chlor-Alkali market both in relation to the volume and value. The market is expected to continue with its rise in the forthcoming years at the same rate. Due to reasons such as rapid industrialization, low cost attached to labor and raw materials, and the high manufacturing rate of Chlor-Alkali products, China is the major revenue generating nation in the Asia-Pacific region.
North America and Europe stand in the second and third position, respectively, owing to the low production level of Chlor-Alkali products as compared to other developing economies. Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos
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