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Showing posts with the label Bulk Chemicals

Surface Disinfectant Market Growth Accelerated by Rising Focus on Hygiene

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  Surface disinfectants are chemicals used to reduce or kill pathogenic microorganisms on inanimate surfaces and objects. They come in various forms including sprays, wipes, and liquid disinfectants and find applications in healthcare facilities, laboratories, households, food industry and others to reduce microbial contamination. With the outbreak of Covid-19 pandemic, there has been a rising focus on hygiene and cleanliness which has boosted the demand for surface disinfectants significantly. The Global Surface Disinfectant Market Size is estimated to be valued at US$ 10.5 billion in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The outbreak of Covid-19 has accelerated the overall growth of the surface disinfectant market significantly. With growing awareness about pathogens and viruses, consumers are more cautious about cleanliness and hygiene. Th...

The North America Commodity Chemicals Market Growth Accelerated by Surging Demand from Construction and Automotive Industries

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  The North America commodity chemicals market comprises various basic chemicals such as organic and inorganic chemicals, petrochemicals, polymers, and plastics which have extensive applications across various end-use industries. Commodity chemicals are primarily used in the construction, automotive, packaging, healthcare, and electronics sectors. Rapid urbanization along with rising constructions of residential and commercial infrastructure is augmenting the demand for acrylics, chloropolymers, and adhesives in this region. Further, increasing automobile sales are propelling the requirement for polymers, synthetic rubbers, plastic compounds, and basic petrochemicals in the automotive sector. The North America Commodity Chemicals Market is estimated to be valued at US$ 220 billion in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The surging demand fro...

Phosphorus Pentachloride Market Growth Accelerated by Rapid Industrialization

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  Phosphorus pentachloride is an important precursor compound which is widely used across numerous end-use industries such as pharmaceuticals, chemicals, and agrochemicals. It is used in manufacturing of insecticides, herbicides, and flame retardants. The compound acts as a catalyst and reagent for important chemical reactions. Rising industrial activities to meet growing demand of end products has increased the need for phosphorus pentachloride. The global Phosphorus Pentachloride Market is estimated to be valued at US$ 474.05 Mn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Growth in agriculture sector is one of the key trends augmenting demand for phosphorus pentachloride. The compound is extensively utilized in production of insecticides and herbicides. With rising population worldwide, agricultural output needs to increase substantially to m...

The Global Paraformaldehyde Market Growth Accelerated By Rising Usage Of Paraformaldehyde In Resins And Coatings

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  Paraformaldehyde is an essential chemical used in the production of resins and coatings. It offers various advantages like excellent thermal stability, adhesion to various substrates and resistance to deterioration. The global paraformaldehyde market is driven by the increasing demand for resins and coatings from various end-use industries like construction, automotive and manufacturing. Paraformaldehyde resins finds wide application in coatings for metal substrates due to its corrosion resistance and weatherability properties. The global paraformaldehyde market is estimated to be valued at US$ 419.8 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising usage of paraformaldehyde in resins and coatings is one of the major trends driving the global paraformaldehyde market. Paraformaldehyde acts as an intermediate in producing resin and coat...

The Global Calcium Hypophosphite Market Growth Accelerated By Increasing Usage As Feed Supplement In Animal Nutrition

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  Calcium hypophosphite is an inorganic compound that is used as a feed supplement in animal nutrition. It acts as an acidifying agent and antioxidant in animal feed. Calcium hypophosphite helps in improving nutrient absorption, metabolism, and animal health. It supports the growth and development of livestock such as pigs, poultry, and cattle. The global Calcium Hypophosphite Market is estimated to be valued at US$ 225.4 Mn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing usage of calcium hypophosphite as a feed supplement in animal nutrition is one of the major trends in the global calcium hypophosphite market. Calcium hypophosphite acts as acidifier and antioxidant in animal feed. It helps in improving the health and growth of livestock. The ban on antibiotic growth promoters has augmented the demand for alternatives such as calcium...

The Global Surface Disinfectant Market Growth Accelerated By Rising Healthcare Sector Spending

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  Surface disinfectants are highly effective chemical agents widely used to eliminate germs and microbes from surfaces through a process of disinfection. They are increasingly being used across various end-use industries such as healthcare, commercial spaces, households and food processing among others to curb the spread of infections. The global surface disinfectant market is estimated to be valued at US$ 7347.2 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising prevalence of Hospital Acquired Infections (HAIs) has been a key driver propelling the growth of the surface disinfectant market over the recent past. Hospital acquired infections or nosocomial infections refer to infections that patients acquire during the course of treatment for other health issues. It is estimated that on any given day, about one in 25 hospital patients in devel...

Cryptoxanthin Market is Estimated to Witness High Growth Owing to Opportunity Growth in Nutraceuticals Industry

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Cryptoxanthin is an antioxidant carotenoid compound that is responsible for the bright yellow-orange colour of oranges, bell peppers and tangerines. Cryptoxanthin is commonly found in various fruits and vegetables and known to have health-promoting effects. It possesses anti-inflammatory and anticancer properties and also helps in improving vision and cardiovascular health. Cryptoxanthin is increasingly being used in nutraceuticals and functional food & beverage products owing to growing consumer awareness about associated health benefits. The global Cryptoxanthin Market is estimated to be valued at US$ 740 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growth of the nutraceuticals industry presents a huge market opportunity for cryptoxanthin. Nutraceuticals containing cryptoxanthin complement the functional foods category and appeal to h...

The Global Cryptoxanthin Market Growth is Accelerated by Increased Health Consciousness

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  Cryptoxanthin is a naturally occurring carotenoid pigment found in some fruits and vegetables that may promote health. It is reputed to have anti-inflammatory and antioxidant properties. Consumers are increasingly demanding food products fortified with cryptoxanthin due to its potential health benefits such as reducing the risk of various diseases. The global Cryptoxanthin Market is estimated to be valued at US$ 740 Mn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for nutritional supplements containing cryptoxanthin is a major trend driving the growth of this market. Many supplement manufacturers are strategically incorporating cryptoxanthin into their products aimed at health-conscious consumers. Clinical studies have shown promising results for cryptoxanthin's anti-cancer and cardio-protective effects. Supplements offer a...