Value Market Research report provides an aerial view of the global Inorganic chemical industry, that help strategists to identify major market trends along with the challenges and growth drivers. Overall the production of inorganic chemical depends on the demand from the various downstream users in an array of industries from paper production to oil refining. The coming years the industry is expected to expand owing to the growth of various downstream industry especially the demand from construction and glass manufacturing sectors is likely to drive the industry growth.
September 2023
The global demand for Tile Adhesives & Stone Adhesives Market is presumed to reach the market size of nearly USD 10.36 MN by 2030 from USD 5.23 MN in 2022 with a CAGR of 9% under the study period 2023 - 2030. Regarding volume, the market was calculated XX Kilo Ton in 2022 and forecast to touch XX Kilo Ton by 2030 with a CAGR of XX% during 2023-2030.
The tile adhesives & stone adhesives are the inorganic cement polymer that has been enhanced by chemicals and aggregate particles in the interfacial region. Surface attachment is used to join two distinct materials together. Ceramic tiles and mosaics are used as decorative elements in contemporary buildings and are affixed to the surface using tile adhesives.
The construction of commercial and residential structures in both developed and developing regions are contributing to the enormous growth of the worldwide tile adhesives and stone adhesives market. Global demand for tile adhesives and stone adhesives is being driven by improvements in the tile sector, including the usage of porcelain tiles in bathrooms and kitchens and rising demand for vibrant stones like granite and marble in residential buildings. The market for tile and stone adhesives is expanding as a result of increasing consumer awareness of the advantages of tile adhesives, improved tile strength and slip resistance, low VOC emitting products, and a significant increase in residential construction in developing countries. In addition,increase in affordable housing, retail industry, tourism expansion, and an increase in population are the main drivers of the global tile adhesives market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of tile adhesives & stone adhesives. The growth and trends of tile adhesives & stone adhesives industry provide a holistic approach to this study.
This section of the tile adhesives & stone adhesives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Chemistry
By Construction Type
By End Use
This section covers the regional outlook, which accentuates current and future demand for the Tile Adhesives & Stone Adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the tile adhesives & stone adhesives market include ARDEX Group (Germany), Terraco Group (UAE), Sika AG (Switzerland), Saint-Gobain Weber (France), H.B. Fuller (US), Mapei S.p.A (Italy), Fosroc International Limited (UK), Pidilite Industries Limited (India), Laticrete International Inc. (US), Arkema (Bostik). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
May 2022
April 2021
April 2024
The global demand for Strontium Nitrate Market is presumed to reach the market size of nearly USD 404.08 Million by 2032 from USD 234.56 Million in 2023 with a CAGR of 6.23% under the study period 2024 - 2032.Regarding volume, the market was calculated XX Tons in 2023 and forecast to touch XX Tons by 2032 with a CAGR of XX% during 2024-2032.
Strontium metal is the 15th most abundant element in nature. Strontium nitrate is an inorganic compound composed of the elements strontium, oxygen, and nitrogen. It prepared by treating strontium carbonate with nitric acid to yield anhydrous nitrate. It is a colorless, solid and inorganic acid salt of strontium element. It is noncombustible but accelerates burning of combustible materials. It is extensively used in the pyrotechnics for the production of rich red flame in road flares and fireworks for its advantageous oxidizing properties. Besides being applicable in pyrotechnics, strontium nitrate can also be used as skin irritation reducing agent when mixed with glycolic acid. This mixture reduces the sensation of skin irritation significantly better than using glycolic acid alone. Moreover, the market is used for the production of high purity and ultra-high purity compounds, catalysts and nano scale materials. In addition to that, strontium compounds are used in military devices such as- tracer ammunition, military flares, and marine distress signals etc. Among non-military applications, pyrotechnics are utilized in warning devices and fireworks. Strontium nitrate is also utilized in numerous other applications such as refrigeration, steelmaking, and automobile and electronics. Additionally, strontium compounds have the ability to impart red color to substances and hence, they are also used as colorants.
Market Dynamics
At present, flashes, smoke flames, and other fireworks and pyrotechnics have become one of the important part of recreation and entertainment shows related to sports events, award shows, media events and festivals among others for the addition of extravaganza grandeur to the show. This has resulted in a significant upsurge in the demand for fireworks and pyrotechnic chemicals across the geographies. It is expected that the increasing demand for pyrotechnic chemicals will create a demand for strontium nitrate which is used as an oxidizer as well as a colorant in the pyrotechnic products. Therefore, the increasing consumption of strontium nitrate in pyrotechnics will drive the growth of global strontium nitrate market. Furthermore, the growing applications of distress flare as an essential piece of safety kit in marine, and defense among other end-uses is expected to increase the sales of strontium nitrate at a lucrative rate and hence, lead the growth of the global market. However, this compound is categorized as a hazardous substance. Strontium nitrate is a non-combustible chemical but it is a strong oxidizer. Being a strong oxidant, it enhances ignition of other finely divided inflammable materials and may lead to explosion under prolonged exposure to heat or fire. Moreover, toxic oxides of nitrogen are produced in fires and its dust causes irritation to the skin, eyes, and respiratory system. Furthermore, the possibilities of explosion and fire hazards from the mishandling of strontium nitrate can be restraining factor acting against the market growth. However, such hazards can be efficiently avoided by handling such chemicals with proper care and guidance.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of strontium nitrate.
Market Segmentation
The entire strontium nitrate market has been sub-categorized into application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
By Application
By End-Uses
By Grade
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for strontium nitrate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Strontium Nitrate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the strontium nitrate market include Solvay, Sakai Chemical Industry, Quimicos Aragonesas, Jinyan Strontium Industry, Joyieng Chemical, Hongkong XinRunDe Chemicals, Huaqi Fine Chemical, Barium & Chemicals, American Elements, and Abassco. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
May 2023
In accordance with this study, the Global Carbon Black Market value registered in 2022 was close to USD 38.03 BN and is predicted to outstretch revenue by USD 23.15 BN in 2030 with a CAGR of 6.4% during the period of 2023-2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030
Carbon black is an elemental carbon which is in the form of fine or aggregate particles that are formed by incomplete combustion or decomposition of hydrocarbons under controlled temperature and pressure. Major types of carbon black are furnace black, thermal black, acetylene black, and gas black. Carbon black is used in a wide range of materials to enhance their performance in terms of physical, electric, and optical properties. Moreover, carbon black is extensively used in various formulations with different rubber types to customize the performance properties of tires.
Market Dynamics
The increasing demand for carbon black from the tire industry owing to its effect on mechanical and dynamic properties of tires is stimulating the market growth. Furthermore, increasing demand from the rubber industry as carbon black is majorly used as a filler to achieve reinforcing effects is boosting the market growth. However, the availability of substitute such as silica could hinder the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of carbon black.
Market Segmentation
The study offers a decisive view of the global carbon black market by segmenting it in terms of application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Application
Regional Analysis
This section covers carbon black market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global carbon black market along with the individual application segment across all the prominent region.
Global Carbon Black Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global carbon black market are Orion Engineered Carbons Holdings GmbH, OMSK Carbon Group, Sid Richardson Carbon & Energy Co., Tokai Carbon Co. Ltd., Asahi Carbon Co. Ltd., Ralson Goodluck Carbon, Atlas Organic Pvt. Ltd., Continental Carbon Co., OCI Company Ltd., Birla Carbon, Bridgestone Corp., Cabot Corp., China Synthetic Rubber Corporation (CSRC), Himadri Companies & Industries Ltd. (HCIL), Mitsubishi Chemicals, Nippon Steel & Sumikin Chemical Co. Ltd., Jiangxi Black Cat Carbon Black Inc. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
November 2023
As per this study the Global Sodium Bisulfite Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of XX%.
Sodium bisulfite or sodium hydrogen sulfite is a white crystalline inorganic salt with slight sulfurous odor having chemical formula NaHSO3. It is synthesized by bubbling sulfur dioxide in sodium carbonate (Na2CO3) solution. Sodium bisulfite is used as reducing agent, anti-scaling agent, flame retardant and bleaching agent. Sodium bisulfite has its application in food preservation, corrosion prevention, photo developing process, winemaking, metal finishing, DNA sequencing, and wastewater treatment.
Market Dynamics
The market is witnessing remarkable growth owing to rising demand from end-use industries. Growing demand from the food industry for flavoring agent, food preservation, maintaining acidity, and an emulsifier is driving the market growth. Stringent regulation on dechlorination of wastewater followed by growing demand for a less hazardous dechlorinating agent is also boosting the growth of this market. However, the availability of substitutes such as sodium acetate and sodium metabisulphite may limit the growth of sodium bisulfite.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sodium bisulfite.
Market Segmentation
The broad sodium bisulfite market has been sub-grouped into grade and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
By Application
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for sodium bisulfite in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Sodium Bisulfite Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Sodium Bisulfite market include BASF, Arkema, Evonik, Qingdao Tianya Chemical, Shakti Chemicals, Holland Company, Lubon Industry, Calabrian Corporation, Yixing Jincheng Chemical, Nanjing Chemlin Chemical, Shandong Kailong Chemical, Yuanye Chemical, Changzhou Xianzheng Chemical, Hydrite Chemical. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
November 2023
As per this study the Global NPK Fertilizer Market was valued USD 3.85 BN (by revenue) in 2022 and is anticipated to reach USD 5.65 BN by 2030 with a CAGR of 4.9%. Regarding volume, the market was calculated XX MT in 2022 and forecast to touch XX MT by 2030 with a CAGR of XX% during 2023-2030.
NPK fertilizer is the fertilizer including nitrogen (N), phosphorous (P) and potassium (K). It is used to provide all three essential nutrients to the plants. Nitrogen is essential nutrient for plants to carry out photosynthesis. Phosphorous is used for obtaining crop quality, structural strength, promote root growth and seed production. Potassium is used to promote overall growth & development of the plant.
Market Dynamics
Growing demand for high efficiency fertilizers with rapid adoption of precise farming is driving the market growth. Advantages such as ease of use and superior crop protection offered by NPK fertilizer are also accelerating its demand. Growing global population resulting into higher demand of food is driving the growth of NPK fertilizers. Despite of this, issues in life cycle, low awareness among farmers and stringent regulation imposed on production of NPK fertilizers may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of NPK fertilizer.
Market Segmentation
The broad NPK fertilizer market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
By Form
By Application
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for NPK fertilizer in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global NPK Fertilizer Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the NPK Fertilizer market include SKW Stickstoffwerke Piesteritz (Germany), Borealis AG (Austria), AkzoNobel (Netherlands), Yara International ASA (Norway), Petroleo Brasileiro S.A. (Brazil), Agrium Inc. (Canada), The Mosaic Company (US), Israel Chemicals Ltd. israel), EuroChem (Switzerland), Polash Corp (Canada), K+S AKTIENGESELLSCHAFT (Germany), Alltech (US), PhosAgro (Russia), Haifa Chemicals (Israel), Aditya Birla Chemicals (India). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
March 2022
April 2024
Global Hydrogen Market Overview
The global Hydrogen Market was valued at USD 195.43 Billion in 2023 and is predicted to reach USD 335.82 Billion by 2032 with a CAGR of 6.2% during the forecast period. By Volume, the market was stood XX BN Cubic Meter and is estimated to grow at a CAGR of XX% between 2023 and 2032. Hydrogen is considered as a promising source of clean energy on the earth. A positive outlook towards metals, the glass industry, semiconductors, propellant fuel, and chemicals will stimulate business growth. Several aspects are contributing to the growth of the global hydrogen market. Factors such as a growing preference for on-site generation systems for hydrogen, rising technological advancements, and increasing adoption of hydrogen in various applications across several end-user industries are expected to push the market's growth in the coming years.
Hydrogen is used to process crude oil into refined fuels, such as diesel and gasoline, and eliminate contaminants, such as sulphur, from these fuels. Strong oil demand growth is contributing to a more optimistic outlook for the European refinery market. Rising investment by refiners towards upgradation and expansion of refineries to meet sulfur and emission regulation will positively encourage the hydrogen generation market size in coming years.
The rising demand for ammonia, owing to the increasing use of ammonia-based fertilizers to enhance productivity and maintain crop nutrition, and growing demand for the gas from the refinery sector due to the stringent sulfur reduction regulations, are some of the key attributable factors that are driving the growth of hydrogen industry. In the transport sector, electric vehicles driven by hydrogen fuel cells hold the potential to replace existing vehicles, wherein water would be the only exhaust. This can transform the automotive industry, which currently solely depends on fossil fuel. However, high cost of hydrogen as compared to fossil fuels may act as restrain for hydrogen generation market growth in near future. Key participants in the industry are focusing on technological advancements and innovation to minimize the cost of renewable-powered electrolysis and largely commercialize the production of hydrogen. The key players operating in the market includes Air Liquide, Air Products & Chemicals Inc., Cummins Inc., Iwatani Corporation, Messer Group GmbH, Showa Denκο Κ.Κ., Ally Hi-Tech Co. Ltd., CALORIC, Nuvera Fuel Cells LLC, Plug Power Inc., Nel ASA, Taiyo Nippon Sanso Corporation, Ballard Power Systems, Mahler AGS GmbH, Teledyne Technologies Incorporated, Linde plc..
In this research report, the hydrogen market is segmented by type, application and region.
Analysis by Type
Based on types, the market of hydrogen is bifurcated into compressed hydrogen and liquid hydrogen. The Compressed hydrogen type dominates the segment accounting for more than 55% market revenue share in 2019 due to increasing industrialization and rising adaption of fuel cell technology. In addition to this, transportation is the major sector which is likely to drive the segment of compressed hydrogen gas. Also, the rising demand for H2fuel cells for fuelling stations is expected to augment the growth.
Moreover, the liquid hydrogen has great importance in space-exploration programs as a rocket fuel with oxygen or fluorine as the oxidizer. Mainly, the segment is growing on account of the growing usage of green products as the combustion of liquid hydrogen does not produce any pollutants. Simultaneously, the increasing demand for renewable energy is expected to impel the demand for the product in the near future. Therefore, the rising demand for green power and the ongoing industrialization, and the increasing importance of renewable energy storage are expected to impact the growth positively.
Analysis by Application
By application, the market of hydrogen is bifurcated into refining, metalworking, and others. Owing to the growing demand for hydrogen from the refining industry, the segment is a dominating segment with an accounted market share of 49.61% in 2019 in terms of revenue and is projected to maintain its dominancy over the forecast period. Generally, it is used to process crude oil into refined fuels, such as gasoline and diesel, and it is also used to lower the sulfur content of diesel fuel. Approximately half of the hydrogen is currently consumed worldwide by oil refineries only. Refinery demand for hydrogen has increased as demand for diesel fuel has risen both domestically and internationally, and as sulfur-content regulations have become more stringent is likely to drive the growth of the segment.
Analysis by Region
In terms of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Asia Pacific is dominating the global hydrogen market. The consumption of hydrogen has increased significantly in the Asia Pacific region. This is attributed to the healthy economic growth rate and growth of various end-use industries such as chemicals, electronics, and petrochemicals owing to cheap labor costs coupled with low stringent regulation as compared to Western regions. In addition to this, the pharmaceutical industry is booming in the region.
Moreover, the refinery and metal processing sectors in the region are likely to experience notable growth, mainly in developing economies such as India and China, owing to support being offered to industries by government and private organizations. With the growth of end-use industries, the adoption of raw material used here is estimated to increase in the predictable future, hence fuelling the hydrogen market in the region. APAC had the maximum hydrogen market share of over 40% in 2019 in terms of volume and revenue.
Market Segmentation covered in the Report:
By Type
By Application
By Region
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
February 2022