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Why is Chemtex's Peracetic Acid Preferred for surface disinfection & sanitizer in F&B industries
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In the rigorous realm of food and beverage (F&B) production, maintaining the highest standards of hygiene and sanitation isn't just a regulatory requirement—it's pivotal for ensuring food safety and consumer trust. Among the myriad sanitizing agents available today, Peracetic Acid (PAA) emerges as a superior choice, revered for its efficacy, safety, and minimal environmental impact. This article explores the compelling reasons behind the preference for PAA as a leading sanitizer in F&B sectors.
Efficacy in Pathogen Control��
PAA is renowned for its potent antimicrobial properties, effectively neutralizing a broad spectrum of pathogens including bacteria, viruses, fungi, and spores. The mechanism behind its's action is its strong oxidizing capability, which disrupts the cell structure of microorganisms, leading to rapid cell destruction. This makes it uniquely effective, as it requires lower temperatures to achieve disinfection, thereby preserving the integrity of heat-sensitive F&B equipment and surfaces.
Compliance with Industry Standards
PAA's ability to adhere to stringent sanitation standards makes it a staple in F&B environments. It works effectively even at low concentrations and provides rapid sanitization, facilitating continuous and extensive use without compromising safety or efficacy. Notably, PAA is recognized under the Food Safety and Standards Authority of India (FSSAI) in Category 99 for substances added to food, ensuring compliance with national food safety regulations.
The utility of it extends across various real-world applications within the F&B industry. For example, a prominent beverage manufacturer adopted a PAA-based sanitizing protocol across its production facilities, which significantly reduced microbial contamination on surfaces and within the final products. This not only aligned with stringent international safety standards but also enhanced the overall product quality and shelf life.
Another testament to the efficacy of it comes from a meat processing plant where traditional sanitation methods were insufficient. After integrating a PAA-based sanitation system, the facility reported a 99.9% reduction in surface pathogens, dramatically reducing the risk of cross-contamination and elevating product safety.
Advantages Over Other Sanitizers
PAA offers several advantages over traditional sanitizers like chlorine:
No Toxic Residues: it breaks down into water, oxygen, and acetic acid—substances that are harmless and do not require a post-application rinse. This attribute makes PAA an eco-friendlier and more efficient sanitizing solution.
Non-Corrosive Nature: When used at recommended concentrations, it is significantly less corrosive than other chemical sanitizers, extending the lifespan of industrial equipment.
Effectiveness in Organic Presence: Unlike chlorine-based sanitizers, which can become less effective in the presence of organic matter, it maintains its sanitizing power, making it ideal for organic-rich environments like those found in F&B processing.
Introducing Alstasan Activ
Building on the strengths of PAA, Chemtex Speciality Ltd. offers Alstasan Activ, a premium PAA-based sanitizer tailored for the F&B industry. Certified by the National Dairy Research Institute (NDRI), Karnal, as an effective cold sterilant for dairy-related pathogens, Alstasan Activ stands out for its efficacy and compliance with industry standards. As businesses strive to meet ever-tightening safety protocols, integrating Alstasan Activ into your sanitation regimen ensures a cleaner, safer, and more compliant operational environment.
Choose Chemtex Speciality Ltd. and Alstasan Activ for your sanitation needs, and take a proactive step towards enhancing food safety and quality in your production processes.
#peracetic acid#surface disinfection#F&B industries#PAA#sanitation#eco friendly#Alstasan activ#antimicrobial properties#cleaning purposes#food processing industry#chemtex speciality limited
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Polyacrylic Acid Market Dynamics: Trends and Forecast 2029
"The Polyacrylic Acid Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.
Brief Overview of the Polyacrylic Acid Market:
The global Polyacrylic Acid Market is expected to experience substantial growth between 2024 and 2029. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
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Which are the top companies operating in the Polyacrylic Acid Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Polyacrylic Acid Market report provides the information of the Top Companies in Polyacrylic Acid Market in the market their business strategy, financial situation etc.
Ashland (U.S.), Arkema (France), BASF SE (Germany), Kemira (Finland_, The Lubrizol Corporation (U.S.), NIPPON SHOKUBAI CO. LTD (Japan), Dow (U.S.), Henan Qingshuiyuan Technology CO., Ltd., (China), Aurora Fine Chemicals (U.S.), Zouping Dongfang Chemical Co., Ltd. (China), ACURO ORGANICS LIMITED (U.S.), Maxwell Additives Pvt. Ltd (India), Chemtex Speciality Limited (India), Polysciences, Inc.(U.S.), PROTEX INTERNATIONAL (France), Corporate.Evonik (Germany)
Report Scope and Market Segmentation
Which are the driving factors of the Polyacrylic Acid Market?
The driving factors of the Polyacrylic Acid Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Polyacrylic Acid Market - Competitive and Segmentation Analysis:
**Segments**
- By Type: Linear Polyacrylic Acid, Crosslinked Polyacrylic Acid - By Application: Water Treatment, Detergents & Cleaners, Superabsorbent Polymers, Paints & Coatings, Others - By End-Use Industry: Water Treatment, Household & Industrial Cleaners, Personal Care, Agriculture, Others
The global polyacrylic acid market is expected to witness significant growth in the forecast period of 2022 to 2029. The market is driven by factors such as the increasing demand for superabsorbent polymers in various end-use industries, including agriculture, personal care, and detergents. Additionally, the rising awareness about water treatment and the need for effective solutions are further propelling market growth. The segmentation of the market based on type includes linear polyacrylic acid and crosslinked polyacrylic acid. Among these, linear polyacrylic acid is anticipated to dominate the market due to its wide range of applications across industries. In terms of application, the market is segmented into water treatment, detergents & cleaners, superabsorbent polymers, paints & coatings, and others. The water treatment segment is expected to hold a significant market share due to the increasing focus on clean water solutions. Furthermore, the end-use industry segmentation includes water treatment, household & industrial cleaners, personal care, agriculture, and others.
**Market Players**
- BASF SE - Ashland Global Holdings Inc. - Nippon Shokubai Co., Ltd. - The Lubrizol Corporation - Arkema - SNF Group - LG Chem - Everlight Chemical Industrial Corporation - Sumitomo Seika Chemicals Co., Ltd. - Zhejiang Satellite Petro Chemical Co., Ltd.
Key market players in the global polyacrylic acid market are focusing on strategic initiatives such as partnerships, acquisitions, and product innovations to maintain their competitive edge in the market. Companies like BASF SE, AshThe global polyacrylic acid market is witnessing significant growth driven by factors such as the increasing demand for superabsorbent polymers across various end-use industries. As the market continues to evolve, key players are focusing on strategic initiatives to maintain their competitive edge. BASF SE, a prominent player in the market, has been actively involved in partnerships and acquisitions to expand its product portfolio and strengthen its market position. Recently, the company collaborated with leading research institutions to develop innovative solutions for water treatment applications, further solidifying its presence in the industry. Additionally, Ashland Global Holdings Inc. has been focusing on product innovations to cater to the growing demand for polyacrylic acid in detergents and cleaners. By introducing new and advanced formulations, Ashland aims to address the specific needs of its customers and enhance their overall experience with their products.
Nippon Shokubai Co., Ltd. is another key player in the global polyacrylic acid market that has been investing in research and development to drive product advancements. The company's focus on developing high-performance superabsorbent polymers has helped it gain a competitive edge in the market. By leveraging its technical expertise and industry knowledge, Nippon Shokubai Co., Ltd. has been able to provide innovative solutions that meet the evolving needs of various end-use industries. Moreover, The Lubrizol Corporation has been actively engaged in strategic partnerships to expand its market reach and enhance its product offerings. By collaborating with distributors and manufacturers worldwide, The Lubrizol Corporation has been able to tap into new market segments and strengthen its presence in key regions.
Arkema, a leading player in the global polyacrylic acid market, has been focusing on sustainable practices and environmental stewardship to meet the evolving regulatory requirements. The company's commitment to developing eco-friendly solutions has resonated well with consumers and positioned Arkema as a responsible industry player. By investing in green technologies and sustainable processes, Arkema has been able to differentiate itself in the market and**Market Players**: - Ashland (U.S.) - Arkema (France) - BASF SE (Germany) - Kemira (Finland) - The Lubrizol Corporation (U.S.) - NIPPON SHOKUBAI CO. LTD (Japan) - Dow (U.S.) - Henan Qingshuiyuan Technology CO., Ltd., (China) - Aurora Fine Chemicals (U.S.) - Zouping Dongfang Chemical Co., Ltd. (China) - ACURO ORGANICS LIMITED (U.S.) - Maxwell Additives Pvt. Ltd (India) - Chemtex Speciality Limited (India) - Polysciences, Inc.(U.S.) - PROTEX INTERNATIONAL (France) - Corporate Evonik (Germany)
The global polyacrylic acid market is witnessing significant growth attributed to the increasing demand for superabsorbent polymers across various end-use industries. As the market evolves, key players are focusing on strategic initiatives to maintain competitive advantages. BASF SE, a notable market player, collaborates with leading research institutions to develop innovative solutions for water treatment applications. This approach enhances its market position and product portfolio. Ashland Global Holdings Inc. concentrates on product innovations to cater to the rising demand for polyacrylic acid in detergents and cleaners, aiming to address specific customer needs effectively.
Nippon Shokubai Co., Ltd. invests in research and development to drive product advancements, with a focus
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Polyacrylic Acid Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Polyacrylic Acid Market, expected to exhibit impressive growth in CAGR from 2024 to 2029.
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Key Benefits for Industry Participants and Stakeholders: –
Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Polyacrylic Acid Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Polyacrylic Acid Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Polyacrylic Acid Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2029) of the following regions are covered in Chapters
The countries covered in the Polyacrylic Acid Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa
Detailed TOC of Polyacrylic Acid Market Insights and Forecast to 2029
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Polyacrylic Acid Market Landscape
Part 05: Pipeline Analysis
Part 06: Polyacrylic Acid Market Sizing
Part 07: Five Forces Analysis
Part 08: Polyacrylic Acid Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Polyacrylic Acid Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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Top 15 Market Players in Global Sodium Myreth Sulfate Market
Top 15 Market Players in Global Sodium Myreth Sulfate Market
The global sodium myreth sulfate market is characterized by the presence of several key players who contribute significantly to its growth and development. These companies employ various strategies to maintain their competitive edge and meet the evolving demands of consumers.
Enaspol a.s.: A prominent chemical manufacturer specializing in surfactants and detergents, Enaspol a.s. offers a range of products catering to diverse industrial applications.
BASF SE: As a global leader in the chemical industry, BASF SE provides innovative solutions, including high-quality sodium myreth sulfate, to meet the needs of personal care and industrial sectors.
Chemtex Speciality Limited: This company focuses on the production of specialty chemicals, offering products like sodium myreth sulfate for various applications, including detergents and personal care products.
ATAMAN KIMYA: ATAMAN KIMYA is known for its extensive portfolio of chemical products, supplying sodium myreth sulfate to meet the demands of different industries.
Lubrizol: A subsidiary of Berkshire Hathaway, Lubrizol specializes in specialty chemicals, providing additives and ingredients like sodium myreth sulfate for personal care formulations.
Dadia Chemical Industries: This company manufactures a variety of chemical products, including surfactants like sodium myreth sulfate, serving multiple industrial applications.
Innospec: Innospec offers a range of specialty chemicals, including surfactants such as sodium myreth sulfate, catering to the personal care and industrial markets.
PCC Group: PCC Group produces a wide array of chemical products, including sodium myreth sulfate, supporting various industries with their chemical needs.
Solvay: A global chemical company, Solvay provides innovative solutions, including surfactants like sodium myreth sulfate, for diverse applications in personal care and industrial sectors.
Southern Chemical & Textiles, Inc.: This company supplies a range of chemical products, including sodium myreth sulfate, to meet the requirements of different industries.
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Top Winning Strategies in Sodium Myreth Sulfate Market
Product Innovation: Companies are investing in research and development to create advanced formulations of sodium myreth sulfate that offer enhanced performance, catering to the specific needs of personal care and industrial applications.
Sustainability Initiatives: Recognizing the growing consumer demand for eco-friendly products, leading firms are focusing on sustainable sourcing and production methods to minimize environmental impact.
Strategic Partnerships and Acquisitions: To expand their market presence and diversify their product portfolios, companies are engaging in partnerships and acquisitions, enabling them to access new markets and technologies.
Geographical Expansion: By establishing operations in emerging markets, companies aim to tap into new customer bases and strengthen their global footprint.
Customer-Centric Approach: Emphasizing customer satisfaction, firms are tailoring their products and services to meet the unique requirements of clients, ensuring quality and reliability.
These strategies collectively contribute to the dynamic and competitive landscape of the sodium myreth sulfate market, driving growth and innovation across the industry.
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#Sodium Myreth Sulfate Market#Sodium Myreth Sulfate Production#market players#top trends#revenue#market size#market share#average price#market growth#competitive pricing strategies
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The ACE Inhibitors Market: A Global Perspective on Cardiovascular Disease Management
Introduction
The global aluminum chloride hexahydrate market has witnessed significant growth over the past few years, driven by its versatile applications across various industries. This compound, with the chemical formula AlCl3·6H2O, is a hydrated form of aluminum chloride and plays a crucial role in numerous industrial processes. In this article, we will explore the current state of the aluminum chloride hexahydrate market, its applications, key players, and emerging trends.
Market Overview
Aluminum chloride hexahydrate, commonly known as aluminum hexahydrate, is a white crystalline substance that is highly soluble in water. It is used as a coagulant in water treatment processes, as a catalyst in chemical reactions, and as an antiperspirant in personal care products. The market for aluminum chloride hexahydrate has been expanding due to its wide range of applications, coupled with growing industrialization and urbanization worldwide.
Applications
1. Water Treatment: One of the primary applications of aluminum chloride hexahydrate is in water treatment. It is widely used as a coagulant to remove impurities and turbidity from drinking water and wastewater. The compound forms flocs that can easily settle, making it an effective solution for clarifying water.
2. Chemical Industry: Aluminum chloride hexahydrate is a crucial catalyst in various chemical reactions, including Friedel-Crafts reactions and polymerization processes. Its ability to enhance reaction rates and yield makes it indispensable in the production of pharmaceuticals, fragrances, and plastics.
3. Personal Care Products: This compound is a key ingredient in many antiperspirant and deodorant products. Its astringent properties help reduce sweat and odor by blocking sweat glands, making it a popular choice in the personal care industry.
4. Food Industry: Aluminum chloride hexahydrate is sometimes used as a food additive to firm up vegetables, pickles, and seafood. However, its use in food is subject to strict regulatory controls to ensure safety.
Key Players
The global aluminum chloride hexahydrate market is highly competitive and includes several prominent players. Some of the key players in the market include:
1. Gulbrandsen: A leading manufacturer and supplier of aluminum chloride hexahydrate, Gulbrandsen provides high-quality products for various industrial applications.
2. GFS Chemicals: GFS Chemicals is known for its expertise in producing a range of chemical products, including aluminum chloride hexahydrate, which is used in pharmaceuticals, research, and other industries.
3. Anmol Chemicals: Anmol Chemicals is a reliable supplier of aluminum chloride hexahydrate with a global customer base, serving industries like water treatment and chemicals.
4. Chemtex Speciality Limited: This company offers a comprehensive range of water treatment chemicals, including aluminum chloride hexahydrate, for efficient purification and coagulation processes.
Market Trends
1. Sustainable Water Treatment: Growing environmental concerns have led to an increased focus on sustainable and eco-friendly water treatment solutions. Manufacturers are developing aluminum chloride hexahydrate products that are more environmentally responsible, with reduced environmental impact.
2. R&D and Product Innovation: Ongoing research and development efforts are resulting in improved formulations of aluminum chloride hexahydrate for various applications. These innovations aim to enhance product performance and reduce health and environmental risks.
3. Regulatory Compliance: With increasing scrutiny on chemical substances, adherence to regulatory standards and guidelines is crucial. Companies are investing in compliance measures to ensure the safety and efficacy of their products.
4. Emerging Markets: The demand for aluminum chloride hexahydrate is on the rise in emerging markets, especially in Asia-Pacific and Latin America, due to rapid industrialization and urbanization. This presents opportunities for market expansion.
Conclusion
The aluminum chloride hexahydrate market is poised for continued growth, driven by its diverse applications across industries. With a focus on sustainability, innovation, and regulatory compliance, the market is evolving to meet the demands of a changing world. As industrial and environmental challenges persist, aluminum chloride hexahydrate remains a versatile and indispensable compound for various industrial and consumer applications.
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Metal Biocides Market is Booming Market to Grow at Healthy CAGR forecast by 2027
Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.
A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.
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Key Market Competitors: Global Metal Biocides Market
The key players operating in the global metal biocides market are –
· Akzo Nobel N.V.
· BASF SE
· Clariant
· DowDuPont
The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.
Segmentation: Global Metal Biocides Market
· By Type (Silver, Copper & Alloys, Zinc)
· By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)
· By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
Market Drivers:
· Growing pharmaceutical and healthcare market due to increasing incidences of diseases.
· Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development
· Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India
Market Restraint:
· Strict Environment regulations due to its excessive usage
Key Insights in the report:
· Historical and current market size and projection up to 2025
· Market trends impacting the growth of the metal biocides market
· Analyze and forecast the metal biocides market on the basis of type and application
· Trends of key regional and country-level markets for type and application
· Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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Metal Forging Market
Medical Elastomers Market
#Metal Biocides Market#Metal Biocides#Metal Biocides Market Trends#Metal Biocides Market Industry#Metal Biocides Market News#Metal Biocides Market Research#Metal Biocides Market Analysis
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Cooling Water Treatment Chemicals Market | Present Scenario and Growth Prospects 2032
During the forecast period 2023-2033, the cooling water treatment chemicals market is expected to grow at a value of 6% CAGR, according to Future Market Insights. By the year 2033, the global market for cooling water treatment chemicals is expected to rise up to a market valuation of US$ 12,614 Million. Increasing demand from the power industry and the food and beverage industry is a major driving factor for the market.
The food & beverages, oil & gas, power, and textile industries are among the major end users of cooling water treatment chemicals. Cooling water treatment chemicals are the chemical agents that help remove harmful bacteria from cooling systems.
It is mainly used to protect the systems from corrosion, prevent and slow down the processes of scale formation and fouling, and control the growth of harmful bacteria. Cooling water treatment chemicals can contribute to the greater efficiency and safety of high-pressure boilers, turbines, and cooling towers.
Corrosion inhibitors are the majorly used water treatment chemicals in the cooling water treatment industry. The use of corrosion inhibitors in cooling water systems improves efficiency of the system, thus facilitating maximum heat transfer, improving process throughput, and reducing the downtime for cleaning, helping the system to run for a longer time.
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Key Takeaways from the Market Study
The global cooling water treatment chemicals market is expected to grow with a 6% CAGR during 2023-2033.
By end use, the food and beverage industry is expected to possess 30% market share for cooling water treatment chemicals market.
North America water treatment chemicals market is expected to grow by 4.5% annually in the forecast period and reach U$ 17 Billion by 2033,
Asia Pacific is expected to hold 45% market share for cooling water treatment chemicals in 2023.
Key Segments Profiled in the Cooling Water Treatment Chemicals Market Survey
Type:
Scale Inhibitors
Corrosion Inhibitors
Biocide
Other Types
End Use:
Power
Steel, Mining, & Metallurgy
Petrochemicals, Oil & Gas
Food & Beverages
Textile
Others
Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Competitive Landscape
Key players in the cooling water treatment chemicals market are Accepta, Albemarle Corporation, Buckman, Chemtex Speciality Limited, ChemTreat Inc., DuBios Chemicals, Ecolab, Veolia Water Technologies, Kemira Oyj and Kurita Water Industries Ltd
Albemarle Corporation, a key company specializing in chemical production has undertaken research to understand the changing nature of end user industries and is manufacturing chemicals to treat water.
DuBios Chemicals, another key player in the cooling water treatment chemicals market is focusing on providing cost efficient and sustainable solutions with its customized equipment that will serve different end user industries.
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Cooling Water Treatment Chemicals Size, Share, Demand & Trends by 2033
During the forecast period 2023-2033, the cooling water treatment chemicals market is expected to grow at a value of 6% CAGR, according to Future Market Insights. By the year 2033, the global market for cooling water treatment chemicals is expected to rise up to a market valuation of US$ 12,614 Million. Increasing demand from the power industry and the food and beverage industry is a major driving factor for the market.
The food & beverages, oil & gas, power, and textile industries are among the major end users of cooling water treatment chemicals. Cooling water treatment chemicals are the chemical agents that help remove harmful bacteria from cooling systems. It is mainly used to protect the systems from corrosion, prevent and slow down the processes of scale formation and fouling, and control the growth of harmful bacteria. Cooling water treatment chemicals can contribute to the greater efficiency and safety of high-pressure boilers, turbines, and cooling towers.
Corrosion inhibitors are the majorly used water treatment chemicals in the cooling water treatment industry. The use of corrosion inhibitors in cooling water systems improves efficiency of the system, thus facilitating maximum heat transfer, improving process throughput, and reducing the downtime for cleaning, helping the system to run for a longer time. Although, the COVID-19 pandemic affected the demand for cooling water treatment chemicals, the functioning of end user industries is expected to create lucrative opportunities for the market.
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Corrosion inhibitors are designed to ensure metal protection and prevent metal loss, which may lead to critical system failures in recirculating water piping, process cooling equipment, and heat exchangers. The wide application of cooling water chemical treatments in various end user industries is increasing the adoption of the same. Furthermore, the establishment of small and medium scale industries is favoring the growth of cooling water treatment chemicals market.
Key Takeaways from the Market Study
The global cooling water treatment chemicals market is expected to grow with a 6% CAGR during 2023-2033.
By end use, the food and beverage industry is expected to possess 30% market share for cooling water treatment chemicals market.
North America water treatment chemicals market is expected to grow by 4.5% annually in the forecast period and reach U$ 17 Billion by 2033,
Asia Pacific is expected to hold 45% market share for cooling water treatment chemicals in 2023.
“Increasing application of cooling water treatment in end user industries that range from power industry to food and beverage is positively influencing the demand for the market,”��comments a Future Market Insights analyst.
Competitive Landscape
Key players in the cooling water treatment chemicals market are Accepta, Albemarle Corporation, Buckman, Chemtex Speciality Limited, ChemTreat Inc., DuBios Chemicals, Ecolab, Veolia Water Technologies, Kemira Oyj and Kurita Water Industries Ltd
Albemarle Corporation, a key company specializing in chemical production has undertaken research to understand the changing nature of end user industries and is manufacturing chemicals to treat water.
DuBios Chemicals, another key player in the cooling water treatment chemicals market is focusing on providing cost efficient and sustainable solutions with its customized equipment that will serve different end user industries.
Key Segments Profiled in the Cooling Water Treatment Chemicals Market Industry Survey
Type:
Scale Inhibitors
Corrosion Inhibitors
Biocide
Other Types
End Use:
Power
Steel, Mining, & Metallurgy
Petrochemicals, Oil & Gas
Food & Beverages
Textile
Others
Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
to be continued…!
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Spill Kits Market Growing Technology Opportunities and Future Business Trends to 2027
The global spill kits market is regulated by strict and widespread regulations by various regulatory bodies such as the Health Administration, National Fire Protection Association, and Occupational Safety. Since, a large number of oil and chemical spills cause damage to communities and natural resources, which are controlled with the use of spills kits. Also, the rising concern towards the harmful effects caused by spillage of oil and fatal chemicals in the industries is expected to drive the demand of spill kits during the forecast period. Manufacturing processes in automotive industries utilize hazardous chemicals and lubricants cause problems to workers due to spills. Therefore, it increases the demand for spill kits. The global spill kits market is also driven by increased international trade through ships and boats, and high incidents of oil spillage in the oceans. Spill kits such as absorbent pads, oil absorbent booms, and oil absorbent cushions are being used to tackle oil spill emergencies. The global spill kits market is expected to grow at a good CAGR, due the increased use of oil spill kits in water bodies and by numerous end-user industries. Additionally, the global spill kits market is influenced by different size requirements, which change depending upon the size of the operation, and this is also expected to boost the use of these spill kits.
Spill kits are generally used by oil and chemical industries to absorb spilled liquid such as oil and chemicals that are used in several sectors. These spill kits are installed to handle critical conditions that arise due to the spillage of chemicals and oils, with specific spill kit tools. Spill kits are available in various shapes, sizes, and orders, and are widely deployed for an alternative response on both, water and land. Portable spill kit bags are customized in small pouches, which include socks, absorbent pads, gloves, disposal bags, and instruction sheets for household use or can be used as emergency kits. This, in turn, creates the demand for spill kits among residential end users. The guidelines set by International Maritime Organization (IMO) certify that ship loaded with dangerous and harmful substances, causing damage to marine ecosystem, should have proper management for oil spills. Therefore, the global market for spill kit is expected to grow.
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Global Spill Kits Market: Regional Outlook
The primary revenue contributor in the spill kits market is expected to be the U.S. throughout the forecast period. An increase in oil and chemical spills has led to strict regulations by regulatory bodies, and this is expected to increase the market growth for spill kits in North America. The presence of oil and gas reserves in North America is comparatively more than in other regions, and also, the high production that is supported by technological advances fuel the growth perspectives of the spill kits market.
Recent Developments in the Global Spill Kits Market
Training activities are highlighted on understanding the outcome of environmental destruction and the hazards caused due to spills.
For example,
· Perth Petroleum Services, one of the top suppliers of spill control, spill containment, and spill cleanup solutions, provides training for the cleanup, containment, and control of oil spills on land and in coastal waters with the help of spill kits.
· The increase in training activities is a trend that is expected to gain adhesion in the spills kits market.
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Global Spill Kits Market: Key Players
The leading players operating in the spill kits market are as follows –
· Chemtex Speciality Limited
· Darcy Products Limited
· ENPAC LLC
· Oil-Dri Corporation of America
· 3M Company
· American Textile & Supply Inc.
· Global Spill Control
· Perth Petroleum Services
· New Pig India Private Limited
· Safetec of America Inc.
· Snyder Industries Inc
· Unique Safety Services
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The spill kits market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The spill kits market report also maps the qualitative impact of various market factors on market segments and geographies.
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Boiler Water Treatment Chemicals Market Global Share, Size, Trends Analysis, 2026
Global Boiler Water Treatment Chemicals Market is expected to grow at a CAGR of 10.3% during the forecast period and market is projected to reach US$ 6358.8 Mn. by 2026.
Boiler Water Treatment Chemicals Market Overview:
The study covers the Boiler Water Treatment Chemicals market's most recent revenue and market trends. It stresses a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Boiler Water Treatment Chemicals Market, such as gross margin, cost, market share, capacity utilisation, and supply. It also aids in determining the future potential of Boiler Water Treatment Chemicals Market in the next years. The report presents a market overview through common subjects that are highlighted with unique data based on the need. This overview aids in making decisions about how to approach the market and comprehending the industry's backdrop.
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Market Scope:
Key Market Trends & Challenges:
The study analyses the primary adoption trend impacting the Boiler Water Treatment Chemicals industry as well as issues that may stymie its expansion. Understanding these elements is critical for product planning and design, as well as commercial strategies. To assist you understand the Boiler Water Treatment Chemicals market, this study provides a full analysis of these trends and obstacles.
Market Statistics:
The report provides the market size and share of the Boiler Water Treatment Chemicals market. It helps in understanding the market and the report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising and industry decision-making processes in the Boiler Water Treatment Chemicals market.
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Segmentation:
As a consequence, worldwide market development may be linked to the continued fast scale industrialisation in both emerging and developed nations, as a result of growing need for demineralized water across sectors. Lack of awareness of boiler water treatment and understanding of its benefits, on the other hand, is expected to limit the market's growth.
Key Players:
• Chemtreat • Thermax • Veolia Water Technologies • Accepta Water Treatment • Aries Chemical • Akzo Nobel • Buckman Laboratories • BWA Water Additives UK • Chemfax Products • Chemtex Speciality
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Boiler Water Treatment Chemicals market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Boiler Water Treatment Chemicals Market:
The report has identified detailed impact of COVID-19 on Boiler Water Treatment Chemicals market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Boiler Water Treatment Chemicals market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the Boiler Water Treatment Chemicals Market Report are:
Which product segment grabbed the largest share in the Boiler Water Treatment Chemicals market?
How is the competitive scenario of the Boiler Water Treatment Chemicals market?
Which are the key factors aiding the Boiler Water Treatment Chemicals market growth?
Which region holds the maximum share in the Boiler Water Treatment Chemicals market?
What will be the CAGR of the Boiler Water Treatment Chemicals market during the forecast period?
Which application segment emerged as the leading segment in the Boiler Water Treatment Chemicals market?
Which are the prominent players in the Boiler Water Treatment Chemicals market?
What key trends are likely to emerge in the Boiler Water Treatment Chemicals market in the coming years?
What will be the Boiler Water Treatment Chemicals market size by 2027?
Which company held the largest share in the Boiler Water Treatment Chemicals market?
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Monoethylene Glycol 2021: Global Industry Size and Growth Opportunities to 2026
Monoethylene glycol is a dismal and scentless fluid that is created from ethylene in the assembling system of ethylene oxide. With the ethylene oxide process, the yield of Monoethylene glycol is more than 85%, and it is generally utilized for business processes. Alongside Monoethylene glycol, the interaction additionally delivers triethylene and tetraethlene glycol, diethylene items. It is industrially considered as one of the main glycols on the lookout. It is her in the polyesters strands and movies. Its toughness and hydrophobic properties make it probably the best item for assembling polyester strands and PET movies. Aside from that, Monoethylene glycol has wide applications in end-use enterprises, development, auto, and shopper products, materials, drugs, compound handling.
![Tumblr media](https://64.media.tumblr.com/e6011d362aef8b5baef43fd220e98f15/8c52dd8ce8587c29-5e/s400x600/45f643e35b33ded78dbe1f33bfc6eaac11c19fb8.jpg)
The expanding need for polyester fiber from material Industries has expanded the development of Monoethylene glycol. Expanding utilization of PET in significant customer merchandise items like jugs, food compartments is relied upon to drive the monoethylene glycol market interest.
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ChemIntel360’s global Monoethylene Glycol market study is a 150 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications industry perspective. The industry is expected to grow at a CAGR of 4.3% mainly due to increasing consumption of Monoethylene Glycol in production of Polyethylene terephthalate related products in packaging industry, the demand for which is projected to support market growth over the forecast period.
Scope
This study contains global and regional Market size data - value and volume. The numbers are broken down by application (Polyethylene Terephthalate, Antifreeze, Polyester Fibre, Solvent, Chemical intermediates, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Monoethylene Glycol Market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$25.8 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the Market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional analysis
The major regions in the monoethylene glycol market are Asia Pacific, Europe, North America, and the rest of the world.
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Key Players
Royal Dutch Shell, SABIC, AkzoNobel, The Dow Chemicals, Reliance Industries, Mitsubishi Chemical, Lotte Chemical Corporation, Sinopec Zhenhai Refining & Chemical Co., Nan Ya Plastics Corporation, MEGlobal, LyondellBasell Industries, ExxonMobil Corporation, Chemtex Speciality Limited and India Glycols.
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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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Why Choose Chemtex as Your Trusted EDTA Supplier | Chemtex Speciality Limited
At Chemtex, quality is paramount. We pride ourselves on delivering high-purity EDTA formulations that guarantee superior performance. Our rigorous quality control measures and strict adherence to industry standards and regulations ensure that every batch of EDTA meets the highest quality benchmarks. This unwavering commitment to quality assures our clients of consistent and reliable products, every time.
![Tumblr media](https://64.media.tumblr.com/368615ff6553c2f801cf4d5cba8a7eb7/48ba7671dde2c3ee-b1/s540x810/5e3ffed673a46439a4b7f2ff525d8fd09643fe8a.jpg)
#edta#edta manufacturer#chelating agent#water treatment chemicals#edta suppliers#industrial chemicals#chemicals#specialty chemicals#chemtex speciality limited
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Boiler Water Treatment Chemicals Market Growth Analysis and Opportunity Assessment Forecast To 2028
"Boiler Water Treatment Chemicals Market is making at a High CAGR during the check time interval 2021-2028.
The wide ranging Boiler Water Treatment Chemicals report endows with an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining the crucial insight of the ABC industry. Associations are significantly relying upon the different sections covered in the measurable studying report which gives better encounters to drive the business into right bearing. The investigation and examination mainly incorporates relentless survey, creation, information assessment, applications, and region adroit examination, competitor scene, use and pay study, cost structure assessment, esteem appraisal, and pay analysis to 2028. In the triumphant Boiler Water Treatment Chemicals market report, complete market is separated by organization, by country, and by application or by type for the cutthroat scene investigation
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Key Players: BASF SE, Kemira, Kurita Water Industries Ltd., Solenis, Ecolab, SUEZ, Eastman Chemical Company, Lonza, SNF, Solvay, Akzo Nobel N.V., Dow, Chembond Chemicals Limited, India, Henkel AG & Co. KGaA, Chemtex Speciality Limited., Accepta Ltd – Accepta The Water Treatment Products Company., ControlChem Canada Ltd., ChemTreat, Inc., Bond Water Technologies, Inc. and VEOLIA ENVIRONNEMENT SA
The final report will add the analysis of the Impact of Covid-19 in this report Boiler Water Treatment Chemicals Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Boiler Water Treatment Chemicals Market is included in the present report. The impact of the novel Covid pandemic on the development of the Boiler Water Treatment Chemicals Market is dissected and portrayed in the report.
A portion of the organizations contending in the Boiler Water Treatment Chemicals Market are:
The North American region accounted for the largest share in the global Boiler Water Treatment Chemicals market. The associations are unendingly redesigning the overall business cycles to fulfill the customers' requirements in the best way. A couple of local and overall associations have a strong footing in the North American area
Worldwide Boiler Water Treatment Chemicals Market Research Report 2027 conveys inside and out contextual analyses on the different nations which are engaged with the Boiler Water Treatment Chemicals Market. The report is separated by utilize any spot material and the report offers this information for each huge country and affiliations. It offers an assessment of the particular checks, various issues, and cost-practicality impacting the market. Huge substance analyzed and inspected in the report join market size, action situation, and current and future progression examples of the market, market parts, business improvement, and usage tendencies. Additionally, the report joins the summary of huge associations/competitors and their resistance data that helps the customer with choosing their current circumstance keeping watch and go to therapeutic lengths to keep up with or increment their portion holds.
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What questions does the Boiler Water Treatment Chemicals Market report answer about the regional reach of the industry
The report claims to split the regional scope of the Boiler Water Treatment Chemicals Market into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these spaces has been elevated to amass the greatest slice of the pie over the normal length
Additionally, the report joins the summary of huge associations/competitors and their resistance data that helps the customer with choosing their current circumstance keeping watch and go to therapeutic lengths the finish of the gauge time frame What amount is the portion of the overall industry that every one of these locales has amassed by and by What amount is the advancement rate that each topography will depict over the expected course of occasions
The scope of the Report:
The report segments the global Boiler Water Treatment Chemicals Market based on source, form, type, application, and region. Each part under this division grants perusers to understand the basic necessity of the market. An intensified look at the piece based examination is highlighted giving the perusers a more basic look at the possibilities and risks watching out. It moreover addresses political circumstances that are depended upon to influence the market in both little and colossal ways. The report on the worldwide Boiler Water Treatment Chemicals Market analyzes changing administrative situations to make exact projections about likely ventures. It similarly evaluates the risk for new members and the force of the genuine dispute.
Reasons for buy this Report
Provisions key business needs to assist associations with realigning their business procedures.
The vital discoveries and proposals feature essential reformist industry patterns in the Boiler Water Treatment Chemicals market, accordingly permitting players to foster viable long haul methodologies.
Make/change business expansion designs by using liberal advancement offering made and creating business areas.
Research all around overall market examples and perspective joined with the factors driving the market, similarly as those disappointing it.
Update the powerful cycle by understanding the frameworks that help financial matter to parts, type, and end-customers.
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Boiler Water Treatment Chemicals Market, Boiler Water Treatment Chemicals Market Size, Boiler Water Treatment Chemicals Market Trends, Boiler Water Treatment Chemicals Market Forecast, Boiler Water Treatment Chemicals Market Growth, Boiler Water Treatment Chemicals Market Analysis
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Metal Biocides Market size Global Gathering and Future Outlook 2020 to 2027
Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.
A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.
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Key Market Competitors: Global Metal Biocides Market
The key players operating in the global metal biocides market are –
· Akzo Nobel N.V.
· BASF SE
· Clariant
· DowDuPont
The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.
Segmentation: Global Metal Biocides Market
· By Type (Silver, Copper & Alloys, Zinc)
· By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)
· By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
Market Drivers:
· Growing pharmaceutical and healthcare market due to increasing incidences of diseases.
· Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development
· Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India
Market Restraint:
· Strict Environment regulations due to its excessive usage
Key Insights in the report:
· Historical and current market size and projection up to 2025
· Market trends impacting the growth of the metal biocides market
· Analyze and forecast the metal biocides market on the basis of type and application
· Trends of key regional and country-level markets for type and application
· Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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Aluminum Chloride Hexahydrate: Shaping the Future of Personal Care Products
Introduction
The global aluminum chloride hexahydrate market has witnessed significant growth over the past few years, driven by its versatile applications across various industries. This compound, with the chemical formula AlCl3·6H2O, is a hydrated form of aluminum chloride and plays a crucial role in numerous industrial processes. In this article, we will explore the current state of the aluminum chloride hexahydrate market, its applications, key players, and emerging trends.
Market Overview
Aluminum chloride hexahydrate, commonly known as aluminum hexahydrate, is a white crystalline substance that is highly soluble in water. It is used as a coagulant in water treatment processes, as a catalyst in chemical reactions, and as an antiperspirant in personal care products. The market for aluminum chloride hexahydrate has been expanding due to its wide range of applications, coupled with growing industrialization and urbanization worldwide.
Applications
1. Water Treatment: One of the primary applications of aluminum chloride hexahydrate is in water treatment. It is widely used as a coagulant to remove impurities and turbidity from drinking water and wastewater. The compound forms flocs that can easily settle, making it an effective solution for clarifying water.
2. Chemical Industry: Aluminum chloride hexahydrate is a crucial catalyst in various chemical reactions, including Friedel-Crafts reactions and polymerization processes. Its ability to enhance reaction rates and yield makes it indispensable in the production of pharmaceuticals, fragrances, and plastics.
3. Personal Care Products: This compound is a key ingredient in many antiperspirant and deodorant products. Its astringent properties help reduce sweat and odor by blocking sweat glands, making it a popular choice in the personal care industry.
4. Food Industry: Aluminum chloride hexahydrate is sometimes used as a food additive to firm up vegetables, pickles, and seafood. However, its use in food is subject to strict regulatory controls to ensure safety.
Key Players
The global aluminum chloride hexahydrate market is highly competitive and includes several prominent players. Some of the key players in the market include:
1. Gulbrandsen: A leading manufacturer and supplier of aluminum chloride hexahydrate, Gulbrandsen provides high-quality products for various industrial applications.
2. GFS Chemicals: GFS Chemicals is known for its expertise in producing a range of chemical products, including aluminum chloride hexahydrate, which is used in pharmaceuticals, research, and other industries.
3. Anmol Chemicals: Anmol Chemicals is a reliable supplier of aluminum chloride hexahydrate with a global customer base, serving industries like water treatment and chemicals.
4. Chemtex Speciality Limited: This company offers a comprehensive range of water treatment chemicals, including aluminum chloride hexahydrate, for efficient purification and coagulation processes.
Market Trends
1. Sustainable Water Treatment: Growing environmental concerns have led to an increased focus on sustainable and eco-friendly water treatment solutions. Manufacturers are developing aluminum chloride hexahydrate products that are more environmentally responsible, with reduced environmental impact.
2. R&D and Product Innovation: Ongoing research and development efforts are resulting in improved formulations of aluminum chloride hexahydrate for various applications. These innovations aim to enhance product performance and reduce health and environmental risks.
3. Regulatory Compliance: With increasing scrutiny on chemical substances, adherence to regulatory standards and guidelines is crucial. Companies are investing in compliance measures to ensure the safety and efficacy of their products.
4. Emerging Markets: The demand for aluminum chloride hexahydrate is on the rise in emerging markets, especially in Asia-Pacific and Latin America, due to rapid industrialization and urbanization. This presents opportunities for market expansion.
Conclusion
The aluminum chloride hexahydrate market is poised for continued growth, driven by its diverse applications across industries. With a focus on sustainability, innovation, and regulatory compliance, the market is evolving to meet the demands of a changing world. As industrial and environmental challenges persist, aluminum chloride hexahydrate remains a versatile and indispensable compound for various industrial and consumer applications.
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Mono Ethylene Glycol (MEG) Market Size 2021: Growth Rate Analysis by Key Segments, Research Report Forecast with Industry Share and Competitive Analysis till 2027
Mono Ethylene Glycol Market – Overview
Mono Ethylene Glycol or Glycol is manufactured industrially from ethylene oxide and ethylene. Mono ethylene glycol market is expected to witness steady growth on account of its significant usage in polyethylene terephthalate as well as antifreeze application. Among application, polyethylene terephthalate (PET) accounted for the largest market share in 2016 and is predicted to retain its dominance over the estimated period due to high demand from packaging industry. Antifreeze segment is expected to witness healthy growth due to increasing aviation industry across the globe. Growing per capita disposable income in developed and developing region coupled with increasing use of packaged products is predicted to propel the growth of the market. Moreover continuous growth of textile industry along with rising consumption of monoethylene glycol is predicted to drive the demand for Mono ethylene glycol market during the review period.
Geographically, Asia Pacific accounted for the largest market share for monoethylene glycol followed by North America and Europe in 2016.
The Asia Pacific region dominated the global Monoethylene Glycol Market share in 2016 and is expected to witness highest CAGR due to continuous growth of automotive and plastic industries specifically in China, India, Japan, Taiwan, Thailand, Malaysia, and South Korea. Additionally, the growth of mono ethylene glycol is largely driven by their utilization in packaging and textile industries. Furthermore, rising investment by major operating companies and shifting of monoethylene glycol manufacturing units as well as end use industries growth in this region is estimated to propel the monoethylene glycol regional market growth. North American market is expected to witness steady growth due to rising number of working professional which has resulted in increasing demand for packaging items and ultimately is expected to rise the consumption of monoethylene glycol in the upcoming years. Europe is estimated to witness healthy growth on account of rising demand from textile sector. Furthermore, strict regulations regarding the usage of this product has led to increase the innovation and development in this industry. Middle East & African market is estimated to register strong growth due to increasing plastic and packaging industries present in Qatar, Oman, Turkey, the United Arab Emirates, and Saudi Arabia. Market in Latin American countries such as Brazil and Guatemala, and Peru is estimated to register healthy growth on account of rising demand for textile and packaging items.
Key Players:
The Dow Chemical Company, Reliance Industries Limited., Saudi Basic Industries Corporation, BASF SE, India Glycols Limited, LyondellBasell Industries Holdings B.V., Chemtex Speciality Limited, ExxonMobil Chemical Company, Eastman Chemical Company, Huntsman Corporation LLC. among others are some of the prominent players at the forefront of competition in the Global Mono Ethylene Glycol Market and are profiled in MRFR Analysis.
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Industry/ Innovation/ Related News:
April 2017- Indian Oil Corporation Limited planned to expand Paradip Refinery under this, the company will set up a second unit of monoethylene glycol plant which will cost around USD 614 Million. With this expansion the company will able to meet the growing demand from end use industries.
May 2017- ExxonMobil and SABIC signed an agreement to set up a petrochemical complex which include ethane steam cracker having capability of manufacturing 1.8 million tonnes of ethylene per annum, a monoethylene glycol unit, and two polyethylene units. With this expansion the company enhance its presence in global monoethylene glycol market.
March 2016- EQUATE Petrochemical Company with its subsidiary, MEGlobal planned to construct monoethylene glycol manufacturing unit at Dow’s Oyster Creek site in Texas. Company construct MEG plant to increase its global footprint and enhance its value as leading ethylene glycol producer and supplier. Company will be able to meet the growing demand in U.S. and Asian Market.
August 2016- Lotte Chemical and Axiall planned to set up a MEG plant through a joint venture called LACC LLC with an investment of around USD 1.1 Billion. With this expansion, the company is planning to expand its market basis in the U.S. and Europe.
Competitive Landscape
The Mono Ethylene Glycol report analyses the degree of competition among the major players as well as industry growth and market scenario. The global Mono Ethylene Glycol market comprises of various players operating in the market which include large scale and medium size manufacturers. The prominent market players operating in the global monoethylene glycol industry is focusing towards growth association specifically by Asia Pacific as medium scale and small scale producers are from this region specifically from China, South Korea, India, Malaysia, and Japan. Additionally, the company is focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are expanding their production capacity of monoethylene glycol to meet the growing demand for Mono Ethylene Glycol.
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