Chemical and Material Industry News

 Global Isobutene Market is estimated to reach USD 30.71 billion by 2024 owing to the rise in demand for rubber from automotive industry. Isobutene is a colourless inflammable gas that with typical olefin odorant no corrosive properties. Isobutene can be easily dissolved in ether, hydrocarbons and alcohol but slightly insoluble in water. Chemically, it holds reactions of olefins like electrophilic addition, oxidation, hydrogenation, and polymerization. Isobutene is a base material for numerous final products and intermediates like butyl rubber, polyisobutene, alkyl-tert-butyl ether, isoprene, methyl methacrylate, diisobutene, mercaptanes, tert-butanol, vitamins, fragrances, alkylphenols, antioxidants, methacroleine, synthetic resins, adhesive resins, tackifiers, methacrylicacid and PMMA. They are also used in additives for fuels and lubricants, dispergators, organic acids, cross-linking agents and curing agents, isoamylalcohol, peroxidicpolymerization initiators, methallylsulfonate...

 Global Smart Packaging Market is anticipated to reach USD 26.7 billion by 2024. Smart Packaging is also known as “Intelligent Packaging” or “Active Packaging”. Smart packaging is used for personal care, food & beverages, automotive and healthcare products. They provide extended shelf life, monitor freshness, ensure safety and improve suitability. The factors that propel the growth of the market include changes in lifestyle patterns owing to surge in consumption of cosmetics and beauty products, rapid urbanization, and technological development in the packaging. On the other hand, there are factors that may hamper the growth of the market including intelligent packaging and high cost. Smart Packaging industry is anticipated to grow at a significant CAGR of 10.6% of in the upcoming period as the scope, product types, and its applications are increasing across the globe. The industry may be explored by type, end users, technology type, driver, and geography. The market may be exp...

 The global White Biotechnology Market size is expected to value at USD 487.08 billion by 2024. The market is subject to witness a substantial growth due to the rise in adoption of white biotechnology for production of various biofuels like bioethanol and biodiesel. In addition, white biotechnology plays a vital role during production of essential chemical products such as organic acids, amino acids, ethanol and various types of vitamins, thus propelling the market growth in the recent years. Globally, the white biotechnology industry is predicted to grow at CAGR of 10.2% in forecast period, providing numerous opportunities for market players to invest in research and development of the white biotechnology sector. Increasing adoption of biotechnology market in healthcare sector and pharmaceutical industry coupled with reduced manufacturing cost of drugs and various chemical products are expected to drive market demand for white biotechnology over the forecast period. Additionally, ...

 Global Cryotherapy Market is anticipated to reach USD 5.6 billion by 2024 owing to the increasing demand for minimally invasive surgical procedures and the growing incidences of cervical, retinoblastoma, prostrate, skin cancer and others. Cryotherapy is basically the procedure of using cold temperatures for health benefits. This type of therapy has been into use since long to reduce pain and muscle spasms, show cell ageing and improve health recovery. The therapy reduces irritation, muscle swelling and pain. It cures several diseases and helps in surgical procedures as well. Over the years, cryotherapy has gained huge popularity and has become an accessible form of therapy. Since cryotherapy is a minimally invasive therapy, it is more preferred for open surgeries. Owing to this, the demand of cryotherapy is growing, thereby boosting cryotherapy industry. Also, as the application is localized and constrained to the abnormal tissues, healthy tissues are well maintained, which reduce...

 Global Isobutanol Market is expected to reach USD 1.18 billion by 2022. Isobutanol is also termed, as isobutyl alcohol, 2-Methylpropan-1-ol, or 2-Methyl-1-propanol is an organic compound with the molecular formula (CH3) 2CHCH2OH and molecular weight 74.123 g/mol. it is a colorless aliphatic alcohol and is a flammable liquid. It is exclusively used as a solvent in chemical reactions and as a starting material for organic synthesis. It is mainly found as a volatile constituent of urine and rises from gut microbial metabolism. The Isobutanol Market is estimated to grow at a significant CAGR of 6.0% over the forecast period as the scope and its applications are rising enormously across the globe. Rising demand amongst end users like chemical and oil & gas and its properties like limited miscibility and medium volatility are documented as major factors of Isobutanol Market that are estimated to enhance the growth in the years to come. However, fluctuations in pricing and supply of ...

 The global Liquid Nitrogen Market size is expected to value at USD 21.3 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for liquid nitrogen in oil & gas sector and electronic devices market. Rise in the number of industry players that are strictly implementing environmental health and safety measure regulated by various governmental authorities to handle liquid nitrogen is expected to drive the growth of the market over the forecast period. Globally, the liquid nitrogen market is predicted to grow at CAGR of 4.4% in the forecast period, providing numerous opportunities for market players to invest in research and development in the market. Increase in number of chemical and metal manufacturers in both - developed and developing economies across the globe are offering a lucrative opportunity for liquid nitrogen manufacturers to generate large revenue over the upcoming period. Additionally, rise in the use of the liquid nitrogen b...

 Global Indium Market is anticipated to reach USD 584.8 million by 2025. Indium is a soft, silvery-white metal occurring naturally with zinc and some other metals. Indium Tin Oxide (ITO), which is made from indium oxide and tin oxide with ratio of 9:1 by weight and is colorless and transparent when applied in thin layers. It is gaining preference over its substitutes because of its characteristics such as resistance to ultraviolet rays, transparency, and color fastness. The factors that propel the growth of the Indium industry include growing demand for LCDs, larger displays and tablets, with TV screen size. On the other hand, there are factors that may hamper the growth of the market including huge demand supply gap and price instability. Indium Market is anticipated to grow at a significant CAGR of 9.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Request a Sample Copy of This Report:  https://www.millioninsights.c...

 Global Blood Culture Test Market is projected to reach USD 6.6 billion by 2025 owing to prevalence of blood infections and infectious diseases. Blood culture is a laboratory test wherein the patient’s blood is injected in bottles that contain culture media to determine the existence of infection-producing microorganisms like fungi or bacteria in the patient’s blood. It aims at confirming the existence of microorganisms in the blood, identifying the microbial etiology of the blood infection, helping to determine the infection source like endocarditis, and providing an organism for suspicion of testing and optimization of antimicrobial therapy. This test examines a sample of patient’s blood for yeast or bacteria that might be the root cause of infection. However, the growing demand for enhanced diagnostic techniques for the diagnosis of infectious diseases is expected to boost the blood culture tests market with a CAGR of 8.6%. The blood infection, if left undetected, may lead to a ...

 The automotive tinting film market global size is expected to value at USD 4.48 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand from automotive sector to safeguard the interior of a car from harmful ultra-violet rays, heat, and glass glare. Additionally, increasing sales of vehicle across the globe is anticipated to boost the growth of market in coming years. The automotive tinting film market in the U.S is predicted to grow at significant CAGR during the forecast period, providing numerous opportunity for market players to invest for research and development in the automotive tinting film market. Increasing demand of luxurious and lavish vehicles from different regions across the globe are expected to amplify demand for automotive tinting film market in upcoming years. Other critical factors responsible for the growth of the market are increasing personal disposable income, rapid industrialization and urbanization. Furthermore, ...

 The global Roofing Chemicals Market is estimated to touch US$ 146.3 billion by the completion of the prediction period. The Roofing Chemicals industry was appreciated by US$ 75.5 billion in the year 2016. The great demand for effectual waterproofing, weather conditions resilient & extremely flexible roofing resolutions in new-fangled structures along with in the renewal of long-standing structures is expected to increase the development of the market above the period of prediction. The roofing chemicals market is expected to develop at a CAGR of 7.7%. The Roofing Chemicals market on the source of Type of Application could span Plastic [PVC] Roofing, Bituminous Roofing, Membrane Roofing, Metal Roofing, Elastomeric Roofing. Bituminous rooftops are normally measured for their rigidness and extended lifespan. Bituminous rooftops take the competency to last over the period of any domestic construction. They can be utilized by means of conservative sands, that marks them appropriate...

 The global fiberglass pipe market was estimated at USD 3.83 billion in 2016 and is expected to reach USD 6.19 billion by 2025, with a CAGR of 5.6%. Fiberglass pipe is used for potable water use ranging in size from 1inch through 144 inches in diameter. The pressure classes range for such fiberglass from 50 psi through 250 psi. The design defines different stiffness categories and also about the exterior loading applied to the pipe. Benefits in using such pipes include light weight, corrosion resistance, low installation cost, sophistication and hydraulic smoothness. Disadvantages pertaining to use of fiberglass pipes include vulnerability to mechanical damage, low modulus of electricity, and lack of standard jointing system. A method of manufacturing a pipe is called as filament winding. Glass-fiber saturated with resin is wound around a mandrel under controlled environments. Thus, inside diameter of the pipe is fixed by mandrel diameter and thickness of the wall is governed by pr...