Bulk chemicals are also known as commodity chemicals, and are manufactured on a large scale to serve as intermediates or feedstock for a host of downstream and specialty chemicals. They are primarily price driven and are charact ....see more
The concentrated nitric acid market was valued at USD 21.11 Billion in 2016 and is projected to reach USD 25.24 Billion by 2022, at a CAGR of 3.1% during the forecast period. The key companies operating in the concentrated nitric acid market are Agrium Inc. (Canada), CF Industries (US), Deepak Fertilisers and Petrochemicals Corp. Ltd. (India), Hanwha Corporation (South Korea), Koch Fertilizers LLC (US), LSB Industries Inc. (US), National Chemical Group (Russia), OCI N.V. (Netherlands), Shandong Fengyuan Chemical Stock Co. Ltd. (China), Ube Industries (Japan), and Yara International (Norway).
The industrial salt market was valued at USD 12.70 Billion in 2016 and is projected to reach USD 14.93 Billion by 2022, at a CAGR of 2.8% from 2017 to 2022. Key companies profiled in this research report include K+S AG (Germany), Cargill, Inc. (US), Compass Minerals America Inc. (US), China National Salt Industry Co. (China), Tata Chemicals Ltd. (India), Mitsui & Co. Ltd. (Japan), Rio Tinto Group (UK), COMPAGNIE DES SALINS DU MIDI ET SALINES DE L'EST (France), Dominion Salt Ltd. (New Zealand), and Exportadora de Sal de C.V. (Mexico).
The gear oil market was valued at USD 7.32 Billion in 2016 and is projected to reach USD 8.58 Billion by 2022, at a CAGR of 2.69% from 2017 to 2022. In terms of volume, the market is projected to reach 2,496.0 kilotons by 2022, at a CAGR of 2.13% during the forecast period. The massive industrial growth in the Middle East & Africa and Asia-Pacific regions, coupled with the rising demand for gear oils from the automotive and power industries are key factors driving the growth of the gear oil market during the forecast period.
The global graphite market is projected to reach USD 29.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022. Steel, automotive, and aerospace are the key end-use industries of graphite-based products. However, graphite-based composites are also being used in other industries, including marine, sporting goods, pipes & tanks, and construction.
The mining lubricants market was valued at USD 1.95 Billion in 2016, and is projected to reach USD 2.56 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growth of the mining lubricants market is driven by the increasing demand from the Asia-Pacific region and growing end use industries such as coal and iron ore mining. The mining industry in Asia-Pacific and the Middle East is growing rapidly, which in turn is fueling the growth of mining lubricants market.
The global glycerin market was valued at USD 2.19 Billion in 2015 and is projected to reach USD 3.12 Billion by 2021, at a CAGR of 6.8% from 2016 and 2021. In this study, 2014 has been considered the historical year, 2015 the base year, and 2016–2021 the forecast period to estimate the market size of glycerin.
The global cenospheres market was valued at USD 346.8 Million in 2016 and is projected to reach USD 689.2 Million by 2022, at a CAGR of 12.16% from 2017 to 2022. The growing demand from the oil & gas, construction, and refractory end-use industries and superior structural properties are key factors expected to drive the global cenospheres market.
The global transmission fluids market is estimated to be valued at USD 6.88 Billion in 2016, and is projected to reach USD 8.43 Billion by 2021, at a CAGR of 4.1% during the forecast period. The growth rate of the market in the next five years is projected to be steady in North America and Europe, while it is projected to grow the highest in the Asia-Pacific region and the Middle East & Africa.
The toluene market is projected to reach USD 23.41 Billion by 2021, at a CAGR of 6.3% from 2016 to 2021. The market is expected to be driven by the growing end-user base of toluene and its derivatives in various industries such as, building & construction, automotive, oil & gas, and consumer appliances, among others. The growing petrochemical industry in the Asia-Pacific region countries such as India, Taiwan, and Thailand has also opened new markets for toluene.
The metal biocides market is estimated to grow from USD 2.63 Billion in 2015 to USD 3.49 Billion by 2021, at a CAGR of 4.8%, in terms of value. The market is driven by the rapid growth in key end-use industries such as, paints & coatings, medical, and foods & beverages.
The global phenol derivatives market is projected to be valued at USD 19.78 Billion by 2026, at a CAGR of 4.6% from 2016 to 2026. In this study, 2015 has been considered the base year and 2016 to 2026, the forecast period, to estimate the global market of phenol derivatives. The growing demand in the Asia-Pacific, coupled with the growing demand for automotive and electronics goods, is expected to drive the global phenol derivatives market during the forecast period.
The global industrial hydrogen peroxide market was valued at USD 2.38 Billion in 2015, and is projected to reach USD 4.28 Billion by 2026, at a CAGR of 5.53%, from 2016 to 2026. The base year considered for the study is 2015, while the forecast period is from 2016 to 2026.Industrial hydrogen peroxide products find usage in several end-use industries such as, pulp & paper, chemical synthesis, healthcare & personal care, food processing, textile, water & wastewater treatment, electronics & semiconductor and others (mining and metallurgy, transportation and recycling).
The market size of polyolefins (PO) is estimated to reach USD 297.09 Billion by 2021, at a CAGR of 7.82% during the forecast period. The market is driven by increasing demand from the plastic, packaging, building & construction, and transportation end-use industries. The need for PO is backed by increasing demand for plastic products in film & sheet, injection molding, extrusion coating, blow molding, and other applications.
The market size of shotcrete/sprayed concrete is projected to reach USD 8.30 Billion by 2021, at a CAGR of 8.0%. Rapid developments in technology and raw materials, economic and technical efficiency of shotcrete, increase in underground constructions activities such as mining and tunneling are the key drivers for the growing shotcrete demand.
The global polymer filler market is estimated to reach USD 53.10 Billion by 2020, registering a CAGR of 3.3% between 2015 and 2020. The rising demand of organic fillers such as natural fibers, wood flour, and hemp has forced automotive, construction, and packaging industries of various countries to initiate the use of polymer fillers. High-quality optical properties, improved impact strength, and ability to replace expensive plastic resins make it the preferred material for various applications.
The global high purity alumina (HPA) market was valued at USD 1.73 Billion in 2014, and is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% from 2015 to 2020. Increase in demand of HPA in varied applications, such as LED, semiconductor, phosphor, and sapphire, among others is fueling the growth of this market.
The market size of magnetic materials is estimated to have been USD 55.52 Billion in 2014, and is projected to reach USD 96.00 Billion by 2020, at a CAGR of 9.6% between 2015 and 2020. In this report, 2014 is considered as the base year and forecast period is 2015–2020. The global magnetic materials market has been segmented on the basis of type, application, and region.
The global silica fume market was valued at USD 430.87 Million in 2014, and is projected to grow at a CAGR of about 4.22% between 2015 and 2020 to reach USD 563.09 Million by 2020. The global silica fume market has been witnessing substantial growth in the past few years. Silica fume is added to concrete, which is used in the building and construction industry. There has been an increase in demand for silica fume from this industry, as it provides high corrosion resistance, high strength, and durability. There is a high demand for silica fume in Middle East & Africa and Asia-Pacific, where it is used in the construction of metro-lines, tunnels, and high-rise buildings. Another driver of the market is the increasing demand of silicon in the solar industry, as production of silica fume (a by-product of the silicon smelting process) is tied to silicon production.
The market size of phosphorus & derivatives is projected to reach USD 75.9 Billion by 2020 from USD 61.9 Billion in 2014, at a CAGR of 3.5% between 2015 and 2020. The high growth of the industry is mainly due to increase in demand from application industries such as fertilizers, detergent, the food industry, water treatment chemicals, metal finishing, and flame retardants material.
The chlorine market is estimated to witness a CAGR of 4.9% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $33,362 million by 2019. The key participants in this market are The Dow Chemical Company (U.S.), BASF SE (Germany), Occidental Petroleum Corporation (U.S.), Formosa Plastics Corporation (Taiwan), Ineos Group Ltd. (U.K.), Olin Corporation (U.S.), PPG Industries (U.S.), Tata Chemicals Limited (India), Tosoh Corporation (Japan), and Hanwha Chemical Corporation (Korea).
Pharmaceutical grade sodium chloride is required in injections; hemodialysis, peritoneal dialysis, & hemofiltration solutions, oral rehydration salts (ORS), channeling agents/ osmotic agent, mechanical cleansing solutions, and others (dietary formulations and infant formulations). The report covers qualitative aspect of Pharmaceutical grade sodium chloride and detailed volume (kilotons) and value ($Million) forecasts of Pharmaceutical grade sodium chloride along with its applications and region. The pharmaceutical grade sodium chloride market is estimated to witness a CAGR of 6.9% between 2014 and 2019 in terms of volume, and the consumption is anticipated to reach 690 KT by 2019.
Oxo alcohols are prepared by reacting olefins with syngas (hydroformulation reaction) under low pressure in presence of rhodium catalyst. The resultant aldehyde is hydrogenated to give Oxo-alcohols. Various olefins such as ethylene, propylene, acetylene can be used as raw materials for preparation of different kinds of Oxo-alcohols. The commercially important Oxo alcohols are N-butanol, 2-ethylhexanol, Isobutanol, and others. The market of Oxo alcohols is forecasted to be around 12,601 KT in terms of volume in 2020 growing at a CAGR around 4.4%. Oxo-alcohols are primarily consumed as solvents for preparing plasticizers, paints, coatings & adhesives, lubricant additives and in chemical manufacturing. The major end user industries of Oxo alcohols are acrylates, acetates, chemical intermediates, and plasticizers.
The isocyanate market is expected to grow with a healthy pace over the next five years to reach $38,729 million, by 2019. Asia-Pacific dominates the isocyanate market due to high usage of isocyanate-based applications in its various end-user industries. Although the European economy has still not recovered from the Euro crisis, it will continue to be the second best market, followed by North America, and Middle east & Africa.
Acetic acid is an organic compound with molecular formula CH3COOH, and is a precursor for manufacturing various other chemicals that serve various end user industries, such as textiles, inks, rubbers, plastics, and others. Its main application segments include the manufacturing of vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate & butyl acetate).
2-EH is a colorless, combustible liquid that is poorly soluble in water but soluble in most organic solvents. It is produced by three-step process involving the aldol self-condensation of n-butyraldehyde followed by dehydration and hydrogenation. N-butyraldehyde itself is produced by catalytic hydroformylation of propylene with synthesis gas. 2-EH is an important feedstock to manufacture various chemicals that further serve diverse industries that include automotive, paints, building & construction, and various other manufacturing industries. Its main application segments include plasticizers, 2-EH acrylate, 2-EH nitrate, and others.
Benzene is an organic compound with molecular formula C6H6, which is among the most consumed petrochemicals used in the industry. It is an important feedstock to manufacture various chemicals that further serve diverse industries including building and construction, textile, electrical and electronics, and automotive. Its main application segments include the manufacturing of ethylbenzene, cyclohexane, cumene, nitrobenzene, and alkylbenzene. It is also utilized for manufacturing maleic anhydride and as a solvent.
Butadiene or 1,3-butadiene is a colorless gas that is condensed to liquid just below minus 4.0°C and is highly reactive. Butadiene is soluble in alcohol and ether, but insoluble in water and is polymerized easily in the presence of oxygen.
Propionic acid is a naturally occurring organic acid with chemical formula CH3CH2COOH. The major applications of Propionic acid are animal feed stock preservatives, Herbicides, Pharmaceuticals and others.
Styrenics are thermoplastic materials and widely used in Packaging, Building and construction, Electrical and electronics, Automotive, Household goods etc. Packaging and constructions are primary application in terms of utilization of Styrenics. Growth of Styrenics market is expected to be driven by growing demand of Acrylonitrile butadiene styrenics and Expandable polystyrenic polymers in Asia Pacific region.
The increasing demand of ECH in China and growth in the end-user segments such as paint and electronic industry are key factors to drive the global ECH market. Epoxy resin is the main application which consumes a large part of ECH. Properties of epoxy resin make it suitable for wide variety of applications such as paints, electrical & electronics, construction, wind turbine, composites, adhesives, and others. Since, epoxies have the largest share in applications; growth of the epoxy resin industry will ultimately contribute to the growth of ECH industry.