Chemical and Power Industry Trends

Why Did Polyethylene Glycol Consumption Boom during COVID-19 Pandemic?

Pharmaceutical has always been one of the most-lucrative industries in the world as human health is paramount! Moreover, the rising prevalence of all kinds of acute and chronic diseases is driving the demand for medicated drugs. For instance, heart diseases and cancer carry...
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Graphene Market To Exhibit Over 30% CAGR during 2020–2030

Graphene, an allotrope of carbon, finds largescale applications in the electrical and electronics sector, which is attaining new heights of prosperity due to the growing penetration of consumer electronics. Graphene is extensively used in print circuits, transistors, and microchips,...
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Why Is Retail E-Commerce Sector Using Packaging Materials in Abundance?

The United Nations Population Fund (UNFPA) forecasts that the global population will grow from 7.7 billion in 2019 to 9.7 billion by 2050, and the life expectancy at birth will surge from 72.6 years in 2019 to 77.1 years by 2050. The burgeoning population is expected to purchase...
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How Is Automotive Sector Fueling Water-Based Adhesive Specialty Tape Demand?

The International Organization of Motor Vehicle Manufacturers (OICA) states that the global automotive industry manufactured 21,787,126 commercial vehicles and 55,834,456 passenger cars in 2020. Further, the International Energy Agency (IEA) estimates that 78,000 electric buses,...
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Compressed Air Energy Storage Market to Register Growth due to Increasing Dependence on Alternative Ways for Generating Power

It is highly unlikely that the demand for energy will ever decrease. The way the population around the globe is increasing, the energy requirement will only increase. However, the conventional ways of generating energy are now unable to fulfil this rapidly growing need for power....
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How Is Construction Sector Augmenting Hydraulic Equipment Demand?

Developing countries, especially in the Asia-Pacific (APAC) region, are observing a significant surge in the number of manufacturing plants, owing to the easy availability of low-cost raw materials and labor, and flexible environment protection laws in these nations. The increasing...
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How Is Electrical and Electronics Industry Facilitating Oxygen-Free Copper Demand?

The Government of France has set up a target of increasing plug-in electric vehicle (PHEV) (passenger vehicles) and battery electric vehicle (BEV) (passenger vehicles) stock to 1.8 million and 3 million, respectively, by 2028. Likewise, Indonesia aims to expand the electric...
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Surge in Cosmetics Industry Propelling Demand for Cosmetic Chemicals

The requirement for cosmetic products has surged sharply in recent years, owing to the increasing disposable income of people and their rising consciousness toward looks and appearance. The increasing concerns being raised over physical appearance, hair loss, gray hair, and...
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Boom Expected in Global Synthetic Rubber Market in Near Future

The global synthetic rubber market revenue stood at $31.0 billion in 2020, and the market is expected to exhibit huge expansion in the coming years. The market is being propelled by the rising demand for automotive tires, mushrooming requirement for long-lasting rubber, ballooning...
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Demand for Self-Healing Materials Shooting Up in Europe

The growing adoption of self-healing materials in electronics and automotive industries is driving their demand across the globe. These materials assist in increasing the lifespan of various systems, as they quickly repair the damages and recover. In the automotive industry,...
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Increasing Construction Activities Driving Non-Destructive Testing and Inspection Market Growth

The World Health Organization (WHO) forecasts that “nearly 68% of the world’s population will reside in urban areas by 2050”. The booming urban population is resulting in the large-scale construction of housing units and public infrastructure facilities. In contemporary times,...
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Why Is Polypropylene Used in Industrial Sector for Packaging?

Polypropylene is being increasingly used in food and beverage packaging, due to the rising consumer awareness regarding health and wellness. This form of plastic is primarily used in the production of safe packaging materials and microwave containers. Additionally, this plastic...
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What are Factors Fueling Popularity of Lithium-Ion Power Tool Batteries?

Power tool batteries are the devices that supplement various instruments and tools such as circular saws, band saws, hammer drills, impact wrenches, impact drivers, and crimpers. These batteries provide greater working efficiency to the users on account of their easier handling...
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Why Is Military Sector Deploying Flywheel Energy Storage Systems?

Developing countries, such as China, India, Brazil, South Africa, and Russia, are generating a huge requirement for constant electricity supply, owing to the accelerating industrialization rate. To meet the vast electricity demand, flywheel energy storage systems are being deployed...
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Why Are Governments Encouraging Vehicle Owners to Replace Conventional Fuels with Biodiesel?

Biodiesel is an eco-friendly fuel which can be produced domestically and utilized in diesel engines with minimal or no alterations to fuel or engine systems. In comparison to conventional fuels, biodiesel emits lesser carbon dioxide (CO2) and other greenhouse gas (GHG) emissions...
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Non-Woven Adhesive Sales Booming in Ageing World

With rapid advancements in healthcare and medical sciences, the average life expectancy of people has increased massively. It has consequently caused a sharp surge in the population of geriatric people all over the globe. As geriatric people are highly vulnerable to various...
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How Is Rising Packaged Food Demand Driving 1,5-Cyclooctadiene Consumption?

According to the World Bank, the strength of the global workforce stood at 3.386 billion in 2020. This populace is creating an extensive demand for processed food products that are packaged in polystyrene, which is manufactured by using 1,5-cyclooctadiene. Thus, the burgeoning...
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Why Is Industrial Sector Shifting toward 3D Printing High-Performance Plastics?

The aerospace and aviation industries are increasingly using 3D printing high-performance plastics to produce aircraft components as they help in reducing weight, increasing strength, and developing complex and customized designs of such parts. The surging demand for aircraft...
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Why Does Biochemical Industry Require Chitosan?

Chitosan refers to a semisynthetic material that is obtained through the deacetylation of chitin. It comprises N-acetyl-glucosamine (acetylated monomer) and glucosamine (deacetylated monomer) monomers, which are linked through β-,4 glycosidic bonds. At present, a considerable...
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What Are Various Industrial Enzymes and Where Are They Used?

The working of the human body is not as mystical as many believe; it is, in fact, a result of a wide range of chemical reactions, just like those carried out in a laboratory! Therefore, metabolism is essentially a chemical reaction or a combination of chemical reactions that...
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How Is Rapid Urbanization Facilitating Construction Equipment Sales?

The World Bank states that the global urban population increased from 4.274 billion in 2019 to 4.352 billion in 2020. It also forecasts that by 2050, around 7 out of 10 people across the world will reside in cities. The increasing influx of people from rural areas to urban areas,...
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How Is Rapid Urbanization Encouraging Domestic Pump Deployment Worldwide?

The United Nations (UN)-Water 2021 report states that nearly 2.3 billion individuals reside in water-stressed countries, of which 733 million live in critically and high water-stressed countries. Further, the World Health Organization (WHO) forecasts that by 2025, half of the...
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What Are Applications of Fluoropolymers in Electrical & Electronics Industry?

Fluoropolymers are fluorocarbon-based polymers having solid bonds of carbon and fluorine. These polymers are either homopolymers or copolymers, and they have thermoplastic properties as they contain a semi-crystalline structure. This means that these polymers become viscous...
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Why will Sales of Automotive Elastomers Soar in North America and Europe in Future?

One of the major factors driving the worldwide demand for automotive elastomers is the implementation of stringent environmental regulations in several countries for mitigating CO2 emissions. Moreover, many international organizations are increasingly enacting strict guidelines...
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How Is Rampant Construction Driving Demand for Centrifugal Water Pumps?

The worldwide population is expected to grow to 10.9 billion by 2100 from 7.7 billion in 2019, says the United Nations (UN) in its World Population Prospects 2019 report. Along with food and air, water is the most important for the survival of the human species. But, with the...
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Why Are Electronics Manufacturers Using Barium Nitrate?

An extensive volume of barium nitrate is being used in the production of ceramic powder, which is an essential ingredient for electronic components such as capacitors, semiconductors, and superconductors. Ceramic powder coating is used in the electronics industry for device...
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Why Are Food and Beverage Companies in Germany Using Coding and Marking Systems?

Coding and marking systems provide product-related information on the packaging, such as manufacturing and expiry dates, price, batch number, and other related information, to customers. Coding and labeling enable the identification and tracking of ingredients through multiple...
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How are Strict Government Regulations Driving Demand for Renewable Chemicals?

The increased use of fossil fuels has left the environment in a detrimental state. Their excessive utilization has led to high carbon emissions, which in turn, is the cause for the depletion of the ozone layers. Ascribed to these, the need for shifting to eco-friendly alternatives...
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Why is Asia-Pacific Primary Consumer of Coating Resins?

A number of developing countries, including China and India are registering strong economic growth, because of which, the government is becoming more inclined towards spending on building world class infrastructure. The disposable income of people is rising as well, thereby...
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