The global feed acidifiers market is expected to grow at the CAGR of 6.7 % during 2016-2022 and is expected to reach $2110 million till 2022. Feed additives are used in animal nutrition to enhance the properties and quality of animal feed to boost features such as palatability preservation, overall gut digestive /health performance, and others. They have gained huge importance worldwide, as they improve overall health of the animals, in turn improving the quantity and quality of meat produced from them.
The global fly ash (cenospheres) microspheres market is expected to grow at the CAGR of 12.7 % during 2016-2022 and is expected to reach $3150 million by 2022. Fly ash cenospheres or microspheres are hollow spheres made from alumina and silica with inert gas or air fillings and are by-products of coal combustion in the thermal power plants.
The global fungicide market is projected to grow at the CAGR of approx. 6% during 2016-2022. Global fungicide market has generated the revenue of more than $12.11 billion and is expected to reach $18.20 billion by 2022. The major driver which helps to accelerate the market are disease control, key to food security of ever-growing global population, decreasing arable land, changes in farming methods & technology, and increasing horticulture & floriculture industries.
The global ceramic inks market has been expected to grow at a CAGR of 7.5% during the forecasted period of 2016-2022 and also it will generate an estimated revenue of around $2.07 billion by 2022.The global ceramic inks market is likely to grow reasonably in the upcoming years.Growing construction & infrastructure industry is the majorfactor driving theglobal ceramic inks market.Increasing infrastructural investments in developing economies of Asia Pacific, Middle East and Latin America has been anticipated to drive the global ceramic inks market.
The global carbon fiber market is projected to grow exponentially at a CAGR of 9.55% during the forecast period 2016-2022. Growing demand of lightweight materials in the manufacturing industry is primarily driving the growth of the global market. Further, increase in the number of patents by CF products & applications by major firms, growth of manufacturing industries, perpetual collaboration & joint ventures, agreements, and market expansion practiced by the global players have propelled the growth of global carbon fiber market.
The global long chain dicarboxylic acid market is poised to grow at a significant rate during 2016-2022. Various reasons for the growth of long chain dicarboxylic acid market is the shift towards eco-friendly products, and compound having properties like high flexibility and good strength and increase in automotive production where these compounds are largely used.
The global acrylic surface coating market is analyzed to grow at a CAGR of 5.1% during the forecast period 2016-2022. Increase in the use of acrylic surface coating in the end user segments such as automotive, construction, industrial and households is the key factor driving the overall market growth. Owing to environment friendliness, low drying time, ease of use and pigment compatibility, global acrylic surface coating market would witness high growth during the study period.
Polyoxymethylene is a high performance engineering plastic and possesses various enhanced properties such as high impact resistance, high strength, dimensional stability, and fatigue resistance. Polyoxymethylene is also known as POM,and due to the presence of various desirable properties it is majorly used by the end user industries like electrical and electronics, consumer goods, automotive, and others.Growing demand of POM product in electrical and electronics industries is one of the factors that is majorly driving the growth of the market.
The global nitrogenous fertilizers market is expected to grow at the CAGR of 2.6% during 2016-2022. Nitrogen is considered as an important nutrient for all crops in the growth and development. Although, there is abundance of nitrogen in the environment, only a limited number of plants have the capability to absorb and use the same. Nitrogen provides better color and texture to the plants and also helps in faster growth which leads to an increase in the overall agricultural productivity. It possesses nitrous compounds such as ammonium nitrate, ammonium sulfate, and other compounds in small proportions.
Ammonium sulfate is an inorganic salt and it is majorly used commercially. The most common use of ammonium sulfate is as a fertilizer for alkaline soil because it contains sulfur and nitrogen in it with the amount of 24% and 21%; and, when ammonium sulfate is used in agricultural application as a nitrogen-based fertilizer, it helps in the proper growth of the plants or crops. The demand of the ammonium sulfate as the nitrogen fertilizer is growing in Asia Pacific region which is the major driver of the global ammonium sulfate market.
The global phosphoric acid market has been expected to grow at the CAGR of 3.4% during the forecasted period of 2016-2022. Phosphoric acid, H3PO4, is a solid acid utilized generally for industrial objectives. Phosphoric acid (H3PO4) is the dominating inorganic acid consumed and produced in respect of production value and it is considered as the second largest in terms of quantity after sulphuric acid. The highest use of phosphoric acid is in the production of phosphate chemicals used majorly as carriers of phosphorus values in fertilizers.
The global alcohol ethyoxylate market is estimated to grow at a significant pace during the forecast period 2016-2020. Increase in the use of alcohol ethoxylate to manufacture low-rinse detergents is the key factor driving the overall market growth. The global alcohol ethoxylate market will experience growth opportunities in the global market due to increasing technological advancement to leverage the use of chemicals in numerous industries.
he global propylene oxide market has been expected to grow at the CAGR of 3.6% during 2016-2022. Growing use of polyurethane across the broad spectrum of automotive, construction, furniture, packaging and footwear industries are majorly driving the global propylene oxide market. Propylene oxide is a small-volume differentiated petrochemical which is used to manufacture polyether polyols for urethanes, propylene glycols, glycol ethers, and polyalkylene glycols for a variety of chemical intermediates and functional fluids. It is produced by the dehydrochlorination of propylene chlorohydrin or by oxidation of propylene to propylene oxide by an organic hydro peroxide.
The global glucaric acid market is expected to grow at a CAGR of 9.1 % during 2016-2022.Volatile petrochemical and crude oil prices are anticipated to create significant demand for bio-based supplements. The glucaric acid is a bio-based sugar derivative that can be produced in a single step from abundant and inexpensive glucose, and holds great potential usage as a building block, as well as end use chemical. The U.S. Department of Energy identified the acid among top twelve building block renewable chemicals, which is anticipated to attract profitable demand in the end-use industries such ascosmetics, chemical processing, and water treatment.
The gical lobal specialty oilfield chemmarket has been expected to grow at the CAGR of 6.4 % during 2016-2022 and is expected to reach $12700 million till 2022.The industries are promoting efficient well-site operations that permits maximum recovery of oil and gas reserves in a cost effective manner. Moreover achieving greater oilfieldefficiency and productivity ensuresleast wastage and also it lower down the impact on the environment.
The global bio-resorbable polymers market was estimated to grow around $661.9 million in 2015 and it is forecasted to reach around $1634.01 million by 2022 at a CAGR of 13.78% during 2016-2022. Rising demand for drug delivery application is major driver for global bio-resorbable polymers market. Usage of bio-resorbable polymers is rising in all over the world due to growing technological advancements in various fields such as medical sector etc. and it has been expected to drive this market. The rising adoption of cost effective and patient friendly solutions, huge investment by various economies, rising awareness among people are propelling the bio-resorbable polymers market.
The global catalyst regeneration market was estimated to grow around $4000 million in 2014 and it is forecasted to reach around $6009 million at a CAGR of 5.3% during 2016-2022. The major factor drivingglobal catalyst regeneration market is stringent government rules and regulations along with rising demand for catalyst regeneration process is expected to boost the growth of the catalyst regeneration market in next 6 to 7 years.
The global antioxidants applications market is expected to grow at the CAGR of 6.1 % during 2016-2022 and reach $8100 million till 2022. Antioxidant is a molecule which inhibits the oxidation of other molecules. Antioxidants is used in various industrial sectors like food and beverages, synthetic resin industry, animal feed industry, fuel additives industry, cosmetic industry and many more. Cosmetic industry is having maximum market share in terms of usage. Extensive use of antioxidants in cosmetic industries is the major factor fuelling the market. Increasing demand of anti-ageing products is expected to boost the cosmetic industry.
The global enhanced oil recovery market is expected to grow at the CAGR of 19.7% during 2015-2022, and it expected to reach $ 421 billion till 2022. Enhanced oil recovery is the technique to increase the amount of oil to be extracted from the oil field. With the increasing natural gas and crude oil demand, due to population enhancement the gap between production and demand is widening.
The global antiseptics and disinfectants market is expected to grow at the CAGR of 11.5% during 2015-2022. The major factor which is contributing towards the growth of this market is the increasing prevalence of infectious diseases. The increasing prevalence of infectious diseases and outbreaks of swine flues are significantly contributing in the growth of antiseptics and disinfectants market. The increasing number of surgeries is also impacting the growth of the global market.
The Chemicals and Materials industry is one of the oldest industries globally and very economically significant one. This diverse industry has been growing through innovations and new product end users. Metals and minerals, food ingredients, fibres, green chemicals, nano-materials, fabrics, composites etc are sub components of the chemical and material industry.
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