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  Environmental silica is extensively used as a filler material in various industries such as rubber, coatings, plastics, construction materials, and foundry as it improves mechanical strength and durability of the final product. It is chemically inert, stable at high temperatures, non-toxic, and available in abundance. The global Environmental Silica Market is estimated to be valued at US$ 2.45 Bn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Low-cost manufacturing is one of the key trends driving the growth of the environmental silica market. Emerging economies such as China, India, Brazil and Mexico offer advantages of low labour and capital costs for silica processing. Major players are focusing on shifting their production base to these emerging economies owing to ease of regulatory compliance and reduced costs. For instance, U.S. Silica Hol...

  Market Overview: Lithium hydroxide is used as an electrolyte in lithium ion batteries used in various applications like consumer electronics, electric vehicles, grid storage and industrial uses. It offers advantages like higher energy density, longer lifespan and greater storage capacity. The global Lithium Hydroxide Market is estimated to be valued at US$ 0.61 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the lithium hydroxide market is increasing focus on grid-level battery storage solutions for renewable energy integration. Battery energy storage systems are playing a crucial role in stabilizing power grids with greater integration of intermittent renewable power like solar and wind. This is expected to significantly drive the demand for lithium hydroxide which is a key material in lithium ion bat...

The  Brazil Ethanol  Market is estimated to be valued at US$ 18.18 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Brazil ethanol market consists of fuels made from sugarcane and corn. Sugarcane-based ethanol dominates the Brazilian fuel market and widely used as biofuel in vehicles and power generation. Sugarcane ethanol is cheaper to produce and a sustainable fuel option. Market key trends: One of the key trends in the Brazil ethanol market is increasing shift towards corn-based ethanol production. Corn-based ethanol production facilitates utilization of available corn supplies and widens raw material options. Companies are investing in setting up dedicated corn ethanol units to leverage the high yields and growing acreage of corn cultivation in the country. Furthermore, favorable governmental policies including mandatory ethanol blending...

The global Castor Oil Derivatives Market is estimated to be valued at US$ 1.29 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Castor oil derivatives have wide applications in the form of raw materials in different industries like food, pharmaceuticals, personal care products, lubricants, etc. due to their natural, non-toxic and biodegradable properties. Castor oil derivatives provide various functional advantages like moisture retention, thickening and plasticizing properties. Market key trends: One of the key trends driving the growth of the castor oil derivatives market is increasing demand for oleochemicals. Oleochemicals derived from castor oil such as fatty acids, fatty alcohols, esters, ethers, and amines have wide applications in industries such as food, pharmaceuticals, and personal care products. The growth in these end-use industries is...

  The global Cannabis Packaging Market is estimated to be valued at US$ 2.64 Bn in 2023 and is expected to exhibit a CAGR of 25.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Cannabis packaging products include containers that provide protection and aid in marketing of cannabis products such as pre-rolls, dried flowers, tinctures, edibles and other cannabis-infused products. Cannabis packaging helps in maintaining freshness, legibility of content information and preventing tampering. The need for effective and appealing cannabis packaging is growing in line with the expanding legal cannabis industry. Market key trends: One of the key trends in the cannabis packaging market is the increasing demand for sustainable and environment-friendly packaging solutions. With growing health and environmental consciousness among consumers, cannabis companies are focusing on utilizing eco-friendly materials...

The global Textile Chemicals Market is estimated to be valued at US$ 28.33 Bn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Textile chemicals are essential ingredients and functional chemicals used in the textile industry during manufacturing process to impart desired properties and care to the fabrics. Regular use of textile chemicals helps keeps fabrics stain and odor free along with providing wash durability. Market key trends: One of the major trends in the textile chemicals market is growing demand for bio-based and sustainable chemicals. With increasing awareness towards environment protection, the demand for eco-friendly textile chemicals is growing. Major market players are focusing on R&D activities to develop bio-based textile chemicals from renewable resources like vegetables and plant extracts which helps reduce dependence on petroleum...

The global Food Grade Calcium Chloride Market is estimated to be valued at US$ 774.94 Mn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Food Grade Calcium Chloride is widely used as a dietary supplement, firming agent and preservative in various foods and beverages. It helps in maintaining moisture level, controlling acidity and enhancing texture. Market key trends: Growing food manufacturing industry across the globe is fueling the demand for food grade calcium chloride as a preservative. It prevents spoilage by absorbing moisture from food products and lowering their pH levels. Increasing consumption of packaged and processed food items is another key factor propelling the food grade calcium chloride market growth. Rising health consciousness among consumers have boosted demand for dietary supplements containing calcium which in turn is supporting the...

The global Environmental Silica Market is estimated to be valued at US$ 2.45 Bn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Environmental silica refers to filtered and processed natural sand and gravel for industrial applications. Silica sand mining offers an environment-friendly and sustainable solution for various construction and industrial needs. The rising focus on reducing carbon footprint is driving greater demand for sustainable and environmentally compliant silica sources. Market Overview: Environmental silica finds wide application in hydraulic fracturing, glassmaking, filtration manufacturing, and foundry casting due to its high purity levels and customizability. It provides an affordable yet durable solution for various construction materials and industrial processes. The growing infrastructure development and manufacturing activity is propelling steady ga...

The Sodium Hypochlorite Market is estimated to be valued at US$ 67.69 Mn in 2023 and is expected to exhibit a CAGR of 28% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Sodium hypochlorite, commonly known as bleach, is an inorganic compound with the formula NaOCl or NaClO. It has strong oxidizing properties and is commonly used as a disinfectant and bleaching agent. Sodium hypochlorite is highly effective in water treatment due to its ability to kill bacteria, viruses, algae, and other microorganisms. It is also used for cleaning, removal of stains, and bleaching of textiles and paper products. The strong oxidizing and disinfecting properties of sodium hypochlorite make it widely applicable across industries. Market key trends: One of the key trends fueling the growth of sodium hypochlorite market is the rising demand from water treatment plants. Sodium hypochlorite is one of the most widely used ...

The Synthetic Fuel Market is estimated to be valued at US$ 5.60 Bn in 2023 and is expected to exhibit a CAGR of 19.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Synthetic fuel refers to liquid fuels that are synthesized from various feedstock like coal, natural gas and biomass through chemical/thermal processes. They have similar energy density and combustion properties as conventional petroleum-derived fuels. Synthetic fuels provide advantages like energy security by reducing dependence on oil imports, price stability and lower greenhouse gas emissions than conventional fuels. Market key trends: One of the major trends driving the growth of synthetic fuel market is the increasing focus on finding alternatives to fossil fuels to reduce carbon emissions. Synthetic fuels can be produced from a variety of feedstock including coal, natural gas and biomass through Fischer–Tropsch process. They provide ...

The glutathione market is estimated to be valued at US$ 274.28 Mn in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. The glutathione market is extensively driven by rising demand for supplements to boost immunity during spread of infectious diseases like COVID 19. Glutathione is an antioxidant that supports immune health and cellular detoxification. It plays a key role in liver function, protein synthesis, amino acid transport and enzyme reactions. The nutritional supplement is available in various forms like capsule, tablet, powder and injection for both oral and intravenous consumption. Market Overview: Glutathione is a tripeptide molecule that plays an essential role in immune function, intracellular transport, antioxidation and protection against toxic compounds. It is commonly used as a supplement for immunity support, liver protection, viral diseases, autism, Alzheim...

The Thermoplastic Elastomers Market is estimated to be valued at US$ 28.8 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Thermoplastic elastomers have high elasticity property and provides advantages such as easy recyclability and melt processability. They exhibit elastic behavior at room temperature and melt at higher temperatures making them suitable for injection molding and extrusion processes. Major applications include overmolding, films & sheets and others. The rising use of TPEs in areas requiring flexibility, resilience and durability such as seals, gaskets, hoses and belts drives the market growth. Market key trends: Styrene Block Copolymers (SBC) is one of the key trends gaining traction in the thermoplastic elastomers market. SBC offer advantages such as UV resistance, good low temperature flexibility and easy recyclability. They a...

The Sulfuric Acid Market is estimated to be valued at US$ 25.69 Bn in 2023 and is expected to exhibit a CAGR of 4.67% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. The sulfuric acid is primarily used in the production of phosphate fertilizers, making it an essential part of the global agricultural sector. It is also used as a precursor in the production of numerous industrial chemicals such as explosives, dyes, drugs, detergents, and others. Market Overview: Sulfuric acid is a highly corrosive and toxic intermediate chemical that is used in various manufacturing processes. It is mainly used in the production of phosphate fertilizers such as diammonium phosphate (DAP) and monoammonium phosphate (MAP). It is also used as an industrial reagent in processes such as mineral processing, production of chemicals including alkylation of benzene with ethylene to produce gasoline. Sulfuric acid offers advantages such as effective so...

The Methanethiol Market is estimated to be valued at US$ 8.86 Bn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Methanethiol, also known as methyl mercaptan, is a flammable, colorless gas naturally present in crude petroleum and natural gas. It has a strong, unpleasant odor and is used as an intermediate in the production of various chemicals, pesticides, and polymers. It provides odor to natural gas for the purpose of leakage detection. Methanethiol is required for the manufacturing of methionine, an essential amino acid used as nutritional supplements for livestock. Market key trends: The global methanethiol market is expected to witness significant growth, owing to increasing demand from the pesticides industry. Methanethiol acts as an important intermediate in the manufacturing of several pesticides such as metham sodium and metham potassium. According ...

The Wood Paints and Coatings Market is estimated to be valued at US$ 9.04 Bn in 2022 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Wood paints and coatings are used to coat wooden surfaces for purposes of protection and aesthetic enhancement. They protect wooden surfaces from external aggressors such as moisture, UV radiation, scratches, and fungal or bacterial infestation. Wood paints and coatings provide a smooth and appealing finish to wood and are available in a wide range of colors and textures. The rising construction activities involving wood has propelled the demand for wood paints and coatings globally. Market key trends: Water-based wood paints and coatings are increasingly replacing solvent-based wood paints owing to their environment-friendly nature. Water-based paints emit lower volatile organic compounds (VOCs) and are considered safer during applicati...

The Water Treatment Chemicals Market is estimated to be valued at US$ 40.53 Bn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. The global Water Treatment Chemicals market is witnessing significant growth owing to growing industrialization and urbanization. Water treatment chemicals are used to purify water and make it fit for various end-use applications such as municipal, power, oil & gas, and mining. Strict regulations regarding freshwater usage and discharge of wastewater have further boosted the demand for these chemicals. Market Overview: Water treatment chemicals are used for potable water treatment and wastewater treatment in various industries. They help remove suspended solids, dissolved compounds, bacteria and other unwanted materials from water. Commonly used water treatment chemicals include coagulants, flocculants, biocides, corrosion and scale inhibitors, ...

The PEDOT Market is estimated to be valued at US$ 4.43 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: PEDOT or poly(3,4-ethylenedioxythiophene) is a conductive polymer. Due to its excellent film-forming ability and high electrical conductivity, PEDOT finds applications as transparent conductors in several electronic devices. It provides advantages such as flexibility, transparency and conductivity. PEDOT is used in applications such as organic solar cells, flexible displays, biosensors and organic light emitting diodes (OLED). Market key trends: One of the key trends boosting PEDOT market growth is increasing adoption of transparent conductors in electronic devices. Transparent conductors are essential components in display panels, touchscreens and photovoltaic cells. Traditionally, indium tin oxide (ITO) has dominated the transparent conductor market. H...

The N-Methyl Diethanolamine (MDEA) Market is estimated to be valued at US$ 671.62 Bn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: N-methyl diethanolamine (MDEA) is an amine-based chemical solvent that is widely used as an absorbent in gas sweetening processes. It is less corrosive than monoethanolamine (MEA) and more economical than diethanolamine (DEA). MDEA exhibits better thermal stability and produces less degradation byproducts than other amines. It has low vapor pressure and is odorless, which makes it suitable for treating natural gas to remove hydrogen sulfide and carbon dioxide. Market key trends: The growing natural gas processing industry is a major factor driving the growth of the global N-methyl diethanolamine market. MDEA is widely used as an absorbent in sweetening processes to remove acid gases such as carbon dioxide and hydrogen sulfi...