Chemical Industry

  Market Analysis  The global monosodium glutamate market is predicted to touch USD 6,200 million at a 4.9% CAGR between 2016- 2022, reveals the new Market Research Future (MRFR) report. Monosodium glutamate or MSG is an amino acid that is naturally occurring in various foods. Its use as flavor enhancers and food additives has gained immense recognition over the years. Besides, it is also used in bakery and dairy products globally. In addition, monosodium glutamate is widely used in instant noodles, seasonal blends, cheeses, meat and milk products, and sauces. Apart from the food industry, MSG is also used in pharmaceutical/medical applications. These include hypertension neuroregulators and parenteral nutrition for congenital metabolic disease. It is also used in negligible amounts in animal feeds.   arious factors are adding to the global monosodium glutamate market share. These factors, as per the new MRFR report, include extensive applications including preservat...

  Market Research Future published a research report on “ Particle Board Market  Research Report - Global Forecast 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2025. Market Highlights The growth of the construction and infrastructure sector at a significant pace across the globe owing to emerging market trends such as changing consumer lifestyle, increased consumer preference for ready-made furniture, and the procurement of cheap fiberboards is also supporting the demand for particleboards in the global market. Manufacturers, retailers, distributors, and suppliers are now focusing on different grades of particleboards, such as wood and bagasse, that can be used in a wide range of applications. The introduction of fire-resistant particleboard and moisture repellant particleboards is expected to drive the demand for particleboards in the global market as these types of particleboards have qualities that ensure durability and cost-effectiveness. The Glo...

  Market Synopsis According to MRFR analysis,  Semiconductor Materials Market  is projected to be worth  USD 74.87 billion by 2028 , registering a  CAGR of 5.38%  during the forecast period (2021 - 2028), The market was valued at USD 55.42 billion in 2020. Semiconductor materials are used in the manufacturing of different circuits and electronic components that find applications in various industries. Its shielding property with toughness and flexibility has increased its use in consumer electronics, aerospace, automotive, and healthcare industries. Some of the primary factors favoring the global market growth are increasing adoption of portable electronics devices, and surge in the demand for high-performance medical devices across the globe. Pricing and Standardization In 2018 , the price of silicon wafer, one of the fastest-growing segments in the global semiconductor materials market, varied from  USD 15 to USD 22 for one inch,  which is witne...

  Market Synopsis Cryogenic Insulation Market is projected to be worth USD 6.42 billion by 2028, registering a CAGR of 8.11% during the forecast period (2021 - 2030), The market was valued at USD 3.65 billion in 2020. Cryogenic insulation is used to reduce or eliminate the energy loss from the cold storage tanks and transfer lines. Cryogenic insulation effectively controls a system’s environment and helps in maintaining economic effectiveness. Cryogenic insulation are high-performance materials such as polyisocyanurate, polyurethane, expanded foams, fiberglass cellular glass, polystyrene, and aerogel. The growing demand for cryogenic equipment in the food & beverage and medical industries coupled with increasing demand for liquified natural gas (LNG) and various industrial gases is expected to drive the growth of the cryogenic insulation material market during the forecast period. Pricing The price of the cryogenic insulation varies according to material type. The average price...

  Market Scope Market Research Future (MRFR) assessed the global  Abrasives Market   2021 for the review tenure till 2027. As per MRFR study, the global abrasives market is projected to be worth USD 59.4 Billion by 2030, registering a CAGR of 4.90% during the forecast period (2021 - 2030). Drivers and Restrains Impacting Abrasives Market The surge in the utility of abrasives for surface cleaning and for coating preparation is expected to benefit the global abrasive market in the analysis period. The expansion of automotive industry can support the global abrasive market owing to the surge in demand for abrasives in applying luxurious look to metal body parts of an automotive throughout various stages of coating, bodywork, and automotive finishing. The growth of furniture and interior industry can also add to the upsurge of the abrasive market on a global scale due to the inclination of people towards elite home décor item. Construction modernization and urbanization are o...

  Market Overview Market Research Future (MRFR) studied the global industrial catalysts market 2020 for the analysis period 2021–2030. As per MRFR assessment, the industrial catalyst market can rise at  4.11 %  CAGR in the forecast period. The industrial catalyst market can touch USD 25 Bn by 2025. The chief factor that can drive the industrial catalysts market is surge in industrialization across different economies. The rapid increase in need for different specialty chemicals and surge in the utility of crude oil-based products can impact the expansion of the industrial catalysts market. The significant rise of the market can also be attributed to the expanding petroleum sector and allied industries. The increase in crude oil production in top oil-producing regions is anticipated to be crucial for the market, reveals MRFR. In addition, the increase in demand for sulphur treated petroleum solutions can work in favor of the market. Along with the demand for indu...

  Epoxy curing agents are those materials used to reduce the curing time of epoxy resins which consequently reduces the total manufacturing time and cost. Moreover, specific properties imbued into resins by these materials, such as excellent adhesion, anti-shrinkage & static, and high resistance to chemicals, corrosion, impact & solvent, make epoxy curing agents as an irreplaceable component in the manufacturing of automotive, aircraft, and marine industries. Construction and electronics industries are also a key application area of these resins. Similarly, epoxy curing agent also witnesses a vast consumption in paints and coating & adhesive manufacturing industry.  As a result, these agents enjoy a large uptake and demand in some of the burgeoning industries which leads to encouraging the growth of the epoxy curing agent market on the global platform. Acknowledging the rapid expansion, this market perceives currently, Market Research Future (MRFR) in its recently ...