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Hydrogen peroxide market will observe substantial growth from 2020 to 2026

The hydrogen peroxide market will observe substantial growth in coming years owing to its increasing application scope across the chemical and paper & pulp industries, along with its rising usage in personal care products. Hydrogen peroxide is a chemical compound which comes in combination of hydrogen and water.

It is known to be an antiseptic which is applied or used on the skin so as to stop the infection from burns, minor cuts, and scrapes. The product is also utilized as a mouth rinse in order to eliminate the mucus or to soothe slight mouth irritation due to gingivitis, cold sores or canker. Hydrogen peroxide functions by releasing oxygen and after being applied to an affected area. This process causes foaming, which helps getting rid of dead skin and also cleans the area.

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Hydrogen peroxide has numerous application usage such as oxidizing and bleaching agent in foods, in foam rubber, deodorizing and bleaching of textiles, as a neutralizing agent in distillation of wine, a replacement for chlorine present in sewage and water treatment, as a source of inorganic and organic peroxides, etc.

Hydrogen peroxide market is bifurcated in terms of end-user, and regional landscape.

Based on end-user, the hydrogen peroxide market is classified into mining, water treatment, chemical, pulp & paper, and others. The chemical end user segment was the second largest segment in 2019 and is projected to show similar trends through the forecast period. This segment held a share of over 35% in 2019 and shall exhibit a CAGR of over 6% over the forecast time frame.

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The mining end user segment held a market share of 4% in 2019 and shall grow at a CAGR of over 5.4% over the projected time period. The others segment held a market share of over 13% and is projected to grow at a CAGR of over 5% through the analysis period.

From a regional frame of reference, the North America hydrogen peroxide market is projected to grow at a CAGR of nearly 5% over the projected timeframe. Europe held a market share of over 3.5% and will grow at a CAGR of 3.3% over the forthcoming time period.

The Latin American market held a market share of over 3% in 2019 and is projected grow at a CAGR of 5.5% through the assessment period. The Middle Eastern region has seen a huge investment in the wastewater treatment and chemical industry, thereby having a positive impact on the hydrogen peroxide market in the region.

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Defoamers market is expected to display a remarkable growth through 2024

Defoamers market is expected to display a remarkable growth over the next few years, driven by its wide applications across pulp & paper, water treatment, food & beverages, and paints & coating sectors. Global pulp & paper sector, whose revenue was estimated at over USD 550 billion in 2015, is projected to observe a high growth over the next few years. In addition to this, wastewater treatment chemicals market size, which is escalating rapidly is also a chief growth factor for the defoamers industry share.

Food sector, where application of defoamers is gaining high popularity, owing to its use as an additive to prevent formation of foam in ready-to-eat foods will not only drive the defoamers industry, but will also supplement the food additives market growth significantly.

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Pulp & Paper is a major application area, predicted to create lucrative growth opportunities for defoamers market over the next few years. As per the research study, pulp & paper application is likely to witness a significant surge over the period of 2016-2024, driven by the rising demand across end-user sectors such as stationery and packaging.

Water treatment sector, which is estimated to grow at a rate of 4.5% over the period of 2016-2024, will drive defoamers industry growth in the near future. Rising concerns over the pollution of environment and water bodies are expected to encourage the growth.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

2. Dow
3. Ashland
4. Air Products
5. Evonik
6. Kemira
7. Wacker Chemie
9. Elementis Global
10. Clariant

Asia Pacific Defoamers Market will record an annual growth rate of more than 4.5% over the coming seven years. Increasing demand for paper along with emerging agrochemical sector will stimulate the product demand considerably across this region. India and China will be the prominent revenue contributors of APAC defoamers industry size.

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Defoamers Market growth will be driven by increasing need for antifoaming agents across various application sectors. The product finds wide usage across the food, detergents, pharmaceutical, and paper & pulp industries. With the rising population levels across the globe, the demand for food has undergone a rapid increase. In addition, environmental concerns have demanded the processing of waste water, which will boost defoamers industry share over the years ahead. According to Decresearch, “Worldwide defoamers industry will collect considerable revenue of more than USD 4.3 billion by 2024 with an annual growth rate of 4.5% over the forecast period.

Europe defoamers market will grow considerably over the years ahead. Rising demand for paper & pulp packaging will propel the industry growth. Paper & pulp covered over 30% share of the application segment in defoamers industry. Increasing requirement of the product across the various end use sectors and the shifting trends toward the consumption of packaged food will also stimulate the market share noticeably. The food & beverage sector will also help augment the product demand, thereby generating significant revenue for defoamers market.

Main Features of the Global Market Research Report:

-The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of worldwide market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

-The report provides detailed knowledge about the competitive scenario of the global market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global market.

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Humic acid market report provides a detailed outline of the global market size and share

The humic acid market report delivers a detailed decade long pre-historic and forecast for the sector and also involves data on socio-economic scenario. Key stakeholders will be able to analyse the statistics and the tables and figures given in the report for strategic planning that will help lead to the success of the organization.

The research study presents the historical data which evaluates a set of analytical tools such as Porter’s Five Force analysis, pricing analysis, regulatory evaluation, and supply chain analysis. It also offers an in-depth assessment of the top-line vendors as well as the remuneration and cost-profit analysis.

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Humic acid performs the crucial role of binding insoluble metal ions and release them when required. It facilitates better seed germination and stimulates beneficial microbial activity. Other value adding benefits of the product in the agriculture segment include improved water holding capacity of soil, preventing surface run off, regulating pH value of soil, improving root respiration, etc. Superiority of product in contrast to the chemical fertilizers, in addition to the aforementioned benefits will substantially drive demand for it in the near future.

Agriculture was the most prominent application segment in the humic acid market and accounted for over 55% share in 2018. Growing food demand due to the rapidly growing population is driving the humic acid market growth from past several years as it plays a significant role in agricultural applications. It exhibits unique properties which help in enhancing the overall crop yield by improving soil fertility in long run by imparting desired nutrient value to the soil.

The humic acid market report also provides a detailed outline of the global market size and share. Global humic acid industry study will deliver marketers, senior management professionals, and strategists with the crucial information they require in order to assess the global humic acid sector.

The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

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North America led the global humic acid market share and accounted for about 40% of the total industry share in 2018. Prevailing product use in the region is attributed to increasing awareness among farmers towards organic fertilizer use which will subsequently boost product demand in the region. In addition, increasing stringent regulations imposed by the U.S. government and regulatory authorities has led to shift in market trends by replacing chemical fertilizer with organic fertilizer which will have positive influence on the humic acid market share by 2026.

The overall humic acid market delivers an in-depth systematic framework and competitive outlook of the industry from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market in the coming years, demand and lack, restraints, as well as the numerous contenders are given.

Some of the other major companies in the humic acid market include Black Earth, The Andersons, Inc., Everwood Farm, Nature’s Lawn & Garden, Faust Bio-Agricultural Services, Humintech GmbH, Changsha Xian Shan Yuan Agriculture and Technology, Agriculture Solutions Inc., NPK Industries, Nutri-Tech Solutions Pty Ltd., Tagrow Co. Ltd., WinField Solutions, LLC., Organic Approach LLC, National Pesticides & Chemicals, Sikko Industries Ltd., Grow More Inc., Jiloca Industrial, S.A. and Wilbur-Ellis Company LLC.

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NSW Covid update: optimum pronounces Sydney outbreak a country

NSW Covid update: optimum pronounces Sydney outbreak a ‘country wide emergency’ and asks for vaccines to be redirected. Gladys Berejiklian warns vaccine rollout is critical to stopping similarly lockdowns and preventing the virus seeping to different states as NSW statistics 136 new coronavirus instances. The New South Wales optimum has known as for an pressing mass vaccination method in south-west Sydney, caution that the state faces a country wide emergency because the unfold of Covid-19 is persevering with thru critical employees in supermarkets, meals processing and logistics.

A determined Gladys Berejiklian stated she might visit country wide cupboard on Friday afternoon to name for the vaccine method to be refocused on handing over as a minimum first doses to the centre of the outbreak in south-west Sydney.

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But federal government at once poured bloodless water at the idea. Lt Gen John Frewen, who’s in rate of the country wide rollout, advised the Senate Covid committee that vaccination became just “one part” of the Covid outbreak reaction, at the side of lockdown, trying out, tracing, social distancing and masking.

“Vaccination underpins country wide resilience to Covid, however it isn’t the exceptional manner to address an instantaneous outbreak like this,” he stated.

National emergency’ as NSW statistics 136 Covid instances and optimum requires vaccine ‘refocus’ – video

Frewen reiterated that vaccines are given to states and territories on a “consistent with capita basis” and any reallocation of Pfizer “would require the concurrence of different jurisdictions”.

After country wide cupboard, the top minister, Scott Morrison, stated there might be no more doses of Pfizer for NSW. However, the advocated time among first and 2nd doses of Pfizer may be prolonged from 4 to 6 weeks, permitting extra first jabs with the present stocks.

Both the federal fitness branch secretary, Brendan Murphy, and the commonwealth leader clinical officer, Paul Kelly, advised the committee the scenario in south-west Sydney became “very critical”.

Kelly stated the federal authorities had requested for similarly records approximately which critical employees want vaccination earlier than it’s going to reply to the request for additonal vaccines.

NSW recorded 136 new regionally received instances of Covid-19 withinside the 24 hours to 8pm remaining night.

Seventy of those instances have been infectious withinside the network both for the entire or a part of their infectious length and thirteen are nevertheless below investigation.
Essential offices and massive families

Berejiklian stated that the trouble dealing with the country is that transmission became nevertheless happening in critical offices inclusive of supermarkets and pharmacies, and in the large families in south-west Sydney in which own circle of relatives individuals persisted to visit paintings.

“The disaster cupboard assembly of the NSW authorities met this morning at 8am while [the state’s chief health officer] Dr [Kerry] Chant and her crew cautioned us that the scenario that exists now in NSW, particularly round south-western and now western Sydney suburbs, is appeared as a country wide emergency,” she stated.

She stated the country wide cupboard “had to have a dialogue approximately refocusing the country wide vaccination method”, caution that vaccination had emerge as important to NSW controlling the outbreak withinside the country – and likely withinside the complete country.

“The undertaking is to stay as freely and as adequately as viable till we get sufficient vaccines in arms. That way that we want to stay as freely and as adequately as viable at some point of August, September and October”, while the federal vaccine rollout became because of ramp up, she stated.

Berejiklian’s message became that regardless of the harder lockdown, suppression of the extra contagious Delta version became now no longer happening, aleven though the country has prevented an explosion of instances.

She stated NSW might now recognition its efforts on vaccination withinside the hotspots and similarly restricting motion in numerous different nearby authorities regions to fitness and elderly care employees.

Chant has given the authorities recommendation that with out vaccination of important employees in south-west Sydney – grocery store employees, logistics employees and fitness employees – a lot of whom are more youthful than forty and stay withinside the warm zones, NSW will battle to govern the unfold of Covid-19.

Morrison has stated that NSW rejected gives of assist from the Australian Defence Force “to combat the virus” because the blame recreation ramped up at some point of the day.

The NSW police commissioner, Mick Fuller, showed NSW had surpassed at the offer, made on 7 July, due to the fact NSW police had already started out pre-making plans for a chief police operation at that time. The massive police presence in south-west Sydney on the begin of the more difficult lockdown became arguable and brought about claims of differing remedy or even racism.

“It became decided the police operational reaction didn’t require outside help withinside the south-western Sydney operation given the transmission of the virus became among family contacts, now no longer normally happening at the streets,” Fuller stated.

Plans to ramp up vaccination

The country is making plans to attempt to vaccinate with as a minimum one dose of both the Pfizer or AstraZeneca vaccine as many humans in south-west Sydney as viable in coming days on the premise that even one dose reduces the transmissibility of the virus in each the inflamed individual and others.

“We must offer a avenue map to our residents as to how exceptional we will stay freely, however additionally as brazenly as viable,” she stated.

“What we’ve got accomplished as a central authority is refocusing our efforts in dispensing vaccines in south-west Sydney. We have a micro plan for the way we are able to get now no longer simplest extra doses of AstraZeneca in arms, however we additionally must renowned that that may be a very younger populace in the ones communities, and we want as a minimum extra first doses of Pfizer.”

She showed that she might be inquiring for Pfizer doses to be redirected from different states to NSW to fight the maximum critical outbreak the country has confronted today.

NSW can also be searching to speak about extending the space among first and 2nd Pfizer doses. This might require a alternate with the aid of using the federal authorities that is in rate of the dosage deliver and rules.

The NSW fitness minister, Brad Hazzard, stated the country became “awash” with AstraZeneca and implored humans over forty to are looking for a dose and for more youthful humans to speak to their GPs approximately taking it.

Berejiklian and Chant stated each they and their households had had Astra Zeneca.

“I’m attractive to absolutely each person that Dr Chant is, for me, the maximum reputable clinical individual in Australia in public fitness. If she is announcing it’s OK for over forty is to have AstraZeneca, please take the recommendation. The threat of any damaging circumstance from the jab is minuscule in comparison to the critical infection you may get in case you get the Covid virus,” Berejiklian stated.

Cumberland and Blacktown will be part of Fairfield, Canterbury-Bankstown and Liverpool on a listing of nearby authorities regions in which employees can not go away except they paintings in fitness or elderly care or on a listing of permitted jobs.

This will suggest that extra than 1 million humans can not go away their LGAs for paintings.

Essential employees in Fairfield and now Canterbury-Bankstown – the centre of the modern day Covid-19 outbreak – ought to go through surveillance trying out each 3 days to preserve working.

But Chant warned that with round 85,000 assessments an afternoon being administered, the country became attaining the restrict of its trying out ability and needed to stability inflamed humans ready days for take a look at consequences towards surveillance trying out.

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Antimicrobial coating market is anticipated to witness tremendous growth over the forthcoming years

The antimicrobial coating market is anticipated to witness tremendous growth over the forthcoming years owing to their applications across a number of high-revenue, high-demand industrial avenues. Antimicrobial coatings are specifically developed to impede and prevent growth of germs as well as bacteria on several surfaces.

Latex, PVC, ink, polyurethane, lacquer, paint, and powder coatings are coated on textiles or hard surfaces to produce goods with novel features and properties. However, regardless of the nature these coatings, most are susceptible to algal, fungal, or/and bacterial growth.

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Microbial attack have a substantial negative impact on these coatings by developing fungal or bacterial odors, loss of their inherent properties, and staining. This severely affects the lifespan of the products, lowering them significantly in the process. Antimicrobial coatings impart functionality and value to finished goods by reducing staining, odors and by extending their lifespan as well.

The global antimicrobial coating market is bifurcated into segments on the basis of product, application, and regional landscape.

The product segment is further divided into anti-microbial power coatings, and surface modifications & coatings. The two segments are further bifurcated into silver, copper, and others, as well as E. Coli, listeria, pseudomonas, and others, respectively.

When it comes to anti-microbial power coatings, the others segment is likely to witness momentous growth. The antimicrobial coating market for the others segment is anticipated to grow with CAGR of more than 10% through 2026 owing to increasing demand for economical and high performance solutions.

With respect to surface modifications & coatings, the others segment is set to register a rapid rate of growth. The antimicrobial coating market for others segment is likely to surpass USD 240 million by the end of 2026 owing to increasing demand for high quality solutions and rising investment to reduce surface contamination of COVID-19.

In terms of application, the antimicrobial coating market is divided into indoor air quality, mold remediation, medical/healthcare, antimicrobial textiles, construction industry, food industry, and others. Among these, the others application segment includes automobile as well as electronics industries. The market is likely to witness growth owing to increasing awareness towards benefits of high performance coatings.

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Antimicrobial coatings are increasingly being used across the automotive industry to maintain vehicle interiors, especially for cleaning leather and plastic covers to help keep the vehicle more clean. These coatings also help keep the interiors fresh and do not allow mold to grow and cause bad odors.

From a regional perspective, the Middle East and Africa antimicrobial coating market is projected to register impressive growth over the coming years. In fact, the MEA market is likely to grow with CAGR of 9.5% over the forecast timeframe owing to rising public construction and renovation activities.

The Latin America Antimicrobial coating market is anticipated to surpass a valuation of approximately USD 290 million by the end of 2026 owing to increasing investment in healthcare industry.

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Fluorosilicic acid market to gain immense traction in the water fluoridation applications

Fluorosilicic acid market from water fluoridation applications may register gains close to 5.5% by the end of foreseeable timeframe. Ingestion of excess fluoride commonly in drinking water may cause skeletal fluorosis which includes symptoms such as stiffness and joint pains. Fluorosilicic acid is added to water to maintain the safe fluoride levels which can be utilized for drinking and cooking purposes by the consumers, thereby driving the industry growth.

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Fluorosilicic acid market demand for 40% grade may surpass USD 620 million by 2025. The product is used as a reagent in organic synthesis for cleaving bonds of silyl ethers during the formation of hydrogen fluoride, which may boost product demand.

Fluorosilicic Acid Market may exceed USD 1 billion by 2025; according to a new research report. Growing demand towards water fluoridation of drinking water is likely to drive the fluorosilicic acid market.

Increasing public health concerns towards drinking water may drive the product demand as it aids in maintenance of fluorine levels in water thereby reducing tooth decay problems. Various government bodies in the U.S. and Europe are compelling the municipal corporation to increase the usage of fluorosilicic acid in drinking water majorly to avert dental fluorosis.

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North America fluorosilicic acid market demand driven by the U.S. and Canada may register gains close to 5.5% by 2025. Growing consumer consciousness towards water related diseases such as dental or skeletal fluorosis may boost the product demand. Dental fluorosis is most common in the region among children as they tend to swallow the toothpaste instead of spitting it out, which may increase fluoride levels in the body, therefore fluoride supplements are provided in right amounts to prevent these diseases.

Europe fluorosilicic acid market demand was valued at over USD 190 million in 2018. EFSA has provided certain limitations for the usage of these products in water treatment and the commission scientific committee has provided certain levels for fluorine in oral care products, which may drive the market demand.

Global fluorosilicic acid market share is consolidated with few industrial participants including Mosaic, Solvay, Gelest, KC Industries, and Sigma Aldrich. Companies are involved in new product development to expand global presence and enhance production.

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Powder Coatings Market to showcase significant growth over 2020-2025

Powder Coating Market growth will be driven by increasing remodeling activities will expand the decorative and architectural sector. Powder coatings are valued for its low ecological impact owing to which it is widely used in a variety of applications namely, architectural, appliances, general industry, automotive, ACE, and furniture.

Factors such as rising per capita income, consumer preferences for high performance products along with advancements in technology are responsible for the powder coating market expansion. Formulation and implementation of favorable policies by regional governments to reduce consumption of volatile organic compounds will boost the product demand. For instance, in 2017, national standards were revised by Chinese government to lower VOC emission across automotive industry.

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Rapid expansion of distribution network by key manufacturer is also likely to influence market development. Consumer consumption patterns and expectations in different regions are important factors to assess the powder coating market demand. The workforce in this business regularly acts as influencers in debates between the manufacturers and retailers. Wholesale suppliers often procure products from manufacturers and distribute them to specialty shops and hardware stores.

Thermoset resin is anticipated to witness the fastest growth up to 2025, owing to UV resistance, superior mechanical properties, and exceptional durability. The increasing usage of automobile components, such as door handles, wipers, metallic structural component, horns, radiator grills, wheel rims, and bumpers, will drive the powder coating market growth.

Automotive & transportation component applications accounted for over 16% of revenue share in 2018. Increasing preference among automotive manufacturers owing to cost benefits, corrosion resistance and enhanced aesthetic appearance triggering powder coating market growth. Additionally, the necessity to avoid corrosion in rims, door handles and under hood components will spur product application scope. Increasing demand for resilient texture and improved aesthetics in high performance cars is also likely to spur product sales.

Non-metal substrates accounted for over USD 530 million in 2018. Nonmetal substrate is gaining traction owing to introduction of low weight specialized platforms such as Medium-density-Fiberboard (MDFD). The segment growth will also be driven by functional advancements such as durability, scratch resistance, gloss retention, and chalking resistance. Additionally, products with low curing capabilities has further intensified application scope in heat sensitive and nonmetal substrates which will indirectly support the powder coating market growth.

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Asia Pacific dominated the powder coating market in 2018 owing to significant development of automotive and construction sector in China, India, and Japan. Other factors contributing to regional growth include the low labor rates and abundance of skilled workforce. This enables the industry participants in this region to retail their products in the international market at competitive prices. Growing demand for home appliances with the increasing disposable income specifically in urban areas fueled industry growth.

The powder coatings market is highly competitive in nature with presence of key companies including Jotun, AkzoNobel NV, Axalta coating systems LLC, and PPG Industries Inc. Strategies implemented by key industry players include product launches, production capacity expansion, strategic partnerships & collaborations, and R&D investments. For instance, in April 2015, Jotun announced that it will increase its production capacity in Dammam to meet the growing demand. This initiative will strengthen Jotun’s position and will allow the company to further expand its commitment to offer sustainable solutions.

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Nitrocellulose Market to gain impetus from e-commerce sector over 2020-2025

Nitrocellulose Market may exceed USD 1.2 billion by 2025; according to a new research report. Growing demand for furniture with rapid expansion of educational and commercial sector has led to rising demand for innovative and aesthetically appealing coatings. Nitrocellulose is widely utilized as a base substance for coatings owing to its ability to accentuate wood grain which increases its suitability for school furniture applications. Rising young population, supportive government education reforms, and rapid construction of school facilities will stimulate the nitrocellulose market share.

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Rising passenger car market owing to increasing availability of diverse range of vehicles models at varied price range should foster automotive paints market. Nitrocellulose is widely used in manufacturing automotive paint formulations owing to its high nitrogen content, and compatibility with repair & refinish formulations. Growing demand for custom automotive paints, contemporary products and increasing consumer preference for nano paints should further boost the nitrocellulose market growth.

Increasing demand for packaged goods & food owing to rising disposable income has boosted the requirement of printing inks for packaging & labelling applications. Increasing literacy rates globally, urbanization, and rapid increase of e-commerce sector has boosted the demand for high quality inks. It is widely used in manufacturing high quality inks owing to its characteristics such as quick drying time, heat and smudge resistance. Increasing demand for high quality prints, detailed maps, and posters nay augment the nitrocellulose market share.

Escalating demand for high quality leather products owing to rising consumer inclination to purchase leather products and changing outlook towards luxury shopping may foster market share. It is widely used in leather furnishing products as it imparts pleasant luster, rub fastness, and natural texture to leather products. Rising disposable income and increasing prevalence to purchase high quality leather products such as jackets, shoes, bags, and wallets may trigger the nitrocellulose market growth.

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Industry participants in nitrocellulose market include Nitro Quimica, DuPont Specialty Solutions, Hagedorn GmbH, Nitres Chemicals, Hubei Xuefei Chemicals, Nantong Tailida Chemical Corporation , Hebei Sanmu Cellulose, IVM Chemicals, EURENCO, Nitro Chemical Industry, Nobel NC, Nitrochemie AG, and Fenchem Biotek. Companies are engaged in stringent research to find alternate ways to manufacture by improving the production process and lowering costs within stringent manufacturing regulations.

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Monolithic Ceramics Market from oxides segment to hit USD 15 billion by 2024

Monolithic Ceramics Market will surpass USD 30 billion by 2024; according to a new research report. Thriving worldwide electronics industry will be over USD 2.8 trillion by 2024 and will be a key driver for monolithic ceramics market in the near future. In 2016, the worldwide mobile phone user penetration was about 62% of global population which will reach more than 70% by 2024. The upsurge will be attributed to easy availability of smartphones at a wide range of prices along with the growing popularity of gadgets including notebooks, laptops, etc. These trends present brighter growth opportunities for the monolithic ceramics market throughout the forecast years.

The oxides segment will register revenue over USD 15 billion by the end of the forecast time. The non-oxides product segment will flourish with CAGR more than 7% by 2024. This segment’s development will be mainly attributed to its employability in constructional structural applications supported by its high temperature and corrosion resistance properties.

Rising inclination in medical sector towards usage of advanced ceramics will also drive monolithic ceramics market development in the coming years. The growth will be mainly attributed to the product characteristics such as abrasion resistance, sterilization stability, bio-inertness, non-magnetizability etc. Increasing investments in medical sector will also positively influence product market growth. For instance, in 2024, the global medical expenses per capita will surpass USD 1,650, rising from USD 1,000 in 2016.

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The monolithic ceramics market might be subjected to certain growth restraints in the forecast years such as higher energy costs involved in its production. Owing to the higher costs of manufacturing, attainment of competitive pricing will become a rare phenomenon for the industry participants. These traits also pose significant threats to the new market entrants.

Considering the application segment, the has been divided into automotive, medical, power, electrical & electronics, and others such as plastic manufacturing, defense applications, etc. The medical segment will observe a revenue beyond USD 4 billion by the end of the forecast time. The automotive category will account for more than 10% of the overall monolithic ceramics market share in 2024. Expanding medical spending in developing economies will enhance segment’s development in the near future, as the product is widely used in diagnostic tools and medical implants.

Asia Pacific accounted for the largest share in monolithic ceramics industry and will follow the similar trend by 2024. The market development will be mainly contributed to healthy gains in regional electrical & electronics, automobile and medical sectors. The region will witness revenue above USD 10 billion by 2024, with CAGR gains of around 8%. Oxides product segment will lead Latin American monolithic ceramics industry by 2024. This region will gain by a CAGR of over 6% product market throughout the forecast years.

Key industry participants in monolithic ceramics market consist of CoorsTek, Advanced Ceramics Manufacturing, Ceradyne, Morgan, Corning, CeramTec, Elan Technology, KYOCERA, Saint-Gobain Ceramic Materials, Pingxiang Yingchao Chemical Packing Company, McDanel Advanced Ceramic Technologies, Rauschert, Pingxiang NANXIANG Chemical Packing, Pingxiang Xingfeng Chemical Packing, and Murata Manufacturing.

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Internal olefins market from lubricants application may witness gains at above 4% till 2024

Internal Olefin Market may surpass USD 2 billion by 2024; according to a new research report. Increasing usage in pharmaceutical, oil drilling and surfactant industries along with growing environmental awareness should drive internal olefins market . Rapid urbanization supported by increasing economic standards has promoted use of high quality personal hygiene products which is likely to propel industry growth.

Stringent environmental policies by REACH and EPA in oil drilling & extraction industries has led to wide usage of synthetic based fluids in offshore and deep-water drilling thereby contributing towards industry growth. Internal olefins are categorized as cost effective synthetic base fluid which helps in efficient drilling activities along with removing drilling cuts and maintaining desired drilling pressure.

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Internal olefins market from surfactants may exceed to 170 kilo tons by 2024. Strong application outlook in liquid soaps, dish washing liquids, detergent shampoos and hand wash owing to low toxicity is likely to have positive impact on industry growth. Growing demand for mild, skin irritants and sensitizers free detergents along with high cleaning capacity should fuel product demand.

Internal olefins from lubricants application may witness gains at above 4%. It helps in maintaining performance to cost ratio along with enhancing fuel efficiency by minimizing smudge formation. Increasing awareness pertaining to synthetic lubricants benefits in automobile industry mainly in India and China supported by strict low emission standards should boost product demand.

Availability of substitutes including linear alpha olefin, poly alpha olefins may challenge industry growth. Ethylene and n- paraffin are the key raw materials used for commercial production. Fluctuating raw material prices may limit industry profitability which may impact internal olefins market price trend.

U.S. internal olefins market from oil drilling applications is poised to surpass USD 350 million in sales by 2024. Presence of various natural oil & gas reserves has led to growing drilling & exploration activities should favor regthermal ional industry growth. It is prominently used in extraction activities for effective oil recovery due to reduce drilling time, cost-effectiveness, high lubricity, thermal stability and well borne stability.

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