Showing posts with label Pulp & Paper. Show all posts
Showing posts with label Pulp & Paper. Show all posts
Wednesday, 15 September 2021
Reducing corrosion costs drives the Corrosion Inhibitors Market
The cost incurred on end-use industries due to corrosion is an important factor driving the demand for corrosion inhibitors. Total costs of corrosion include the design & construction or manufacturing, the cost of corrosion-related maintenance, repair & rehabilitation, and the cost of depreciation or replacement of structures damaged due to corrosion. These costs vary from industry to industry. According to NACE International (National Association of Corrosion Engineers), the annual cost of corrosion to the oil & gas industry in the US alone is estimated at USD 27 billion. The costs can be reduced by the broader application of corrosion-resistant materials and the application of corrosion-related technical practices. Corrosion inhibitors suppress or mitigate the corrosion process of metals. They protect the metals or alloys by acting as a barrier by forming an absorbing layer or by retarding the cathodic, anodic processes causing corrosion. The use of corrosion inhibitors in these industries lowers the maintenance and repair costs, extends the useful life of the equipment, and reduces the production loss from corrosion damage. This directly reduces the corrosive costs and drives the market for corrosion inhibitors.
To know about the assumptions considered for the study download the pdf brochure
The growth in the power, oil & gas, mining, and chemical industries, especially in the emerging economies, such as China, Brazil, India, Indonesia, Malaysia, Argentina, Chile, and Vietnam, drives the market for corrosion inhibitors. The exploration and development of new oil fields such as the pre-salt oil fields in Brazil, installation of new and high capacity power plants using fossil fuels, nuclear, or solar power as fuel in China and India, and the growing mining industry as a result of the increasing demand from the construction sector is expected to further drive the corrosion inhibitor market during the forecast period.
The global corrosion inhibitors market size is projected to reach USD 10.1 billion by 2026 at a CAGR of 4.9% from 2021. The increasing demand for corrosion protection chemicals in various end-use segments coupled with stringent regulatory and sustainability mandates concerning the environment is driving the market for corrosion inhibitors.
Water Treatment application will account for the major share of the corrosion inhibitor market
Water treatment accounted for 44.4% of the total corrosion inhibitor market in terms of application, in 2020. Corrosion can cause many concerns such as rusting of pipelines, equipment surfaces, and lowered efficiency of the equipment mainly in the industrial sector. Feed water use in various industries contains carbon dioxide which is corrosive to steel. If this carbon dioxide is left untreated, iron deposits on the boilers. These corrosion inhibitors are fed downstream of the deaerating equipment. It is volatilized and carried out with the steam after reacting with carbon dioxide. Corrosion inhibitors for boiler treatment include neutralizing and filming amines for condensate linings. Morpholine, cyclohexylamine, diethylethanolamine (DEAE), aminomethyl propanol, and aqua ammonia octadecylamine (ODA) are some of the common corrosion inhibitors used to protect boiler systems from corrosion.
The Middle East & Africa region is the second fastest-growing region for the corrosion inhibitor market
The region has emerging markets, such as Saudi Arabia, the UAE, Iran, Kuwait, and South Africa. The region has established oil & gas and chemical & petrochemical industries due to the abundant availability of natural resources. The oil & gas industry in the region is growing at a steady pace due to rising exports and increased exploration of reserves. Huge investments, rising population, growing disposable income, and integration of production activities are likely to increase output in the form of fuel and feedstock and, in turn, drive the corrosion inhibitors market.
Major players operating in the global corrosion inhibitor market include Solenis (US), Nouryon (The Netherlands), Baker Hughes Company (US), Ecolab (US), BASF SE (Germany), SUEZ Water Technologies & Solutions (France), DOW Chemical Company (US), Lubrizol Corporation (US), Lanxess (Germany), and Henkel Corporation (Germany).
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Sunday, 5 January 2020
Solid sodium silicate is estimated to be the largest form of sodium silicate
Sodium silicate market is classified into two forms, namely, solid sodium silicate and liquid sodium silicate. Solid sodium silicate is the most-widely used form of sodium silicate owing to its extensive use in the construction and fire protection applications because of its easy and low-cost transportation and storage.
It suitable for a wide range of applications such as manufacturing of refractories, ceramics, and firestop devices due to its easy and low-cost transportation and storage compared to liquid sodium silicate. Most of the solid sodium silicate is converted into the liquid form by dissolving in water for use in applications such as detergents, precipitated silica, pulp & paper, and water treatment.
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Detergents: fastest-growing application for sodium silicate
The sodium silicate market size for the detergents application is projected to register the highest growth during the forecast period. The consumption of sodium silicate in this application is growing due to the rising demand for sodium silicate for the manufacturing of detergents that are used for various cleaning and washing processes, such as domestic or industrial clothes washing; floor cleaning; washing of dishes, bottles, dairy equipment, and locomotives; and metal cleaning and degreasing.
The sodium silicate market size was estimated to be USD 8.91 Billion in 2017 and projected to reach USD 11.03 Billion by 2022, registering a CAGR of 4.4%. The growing demand for detergents globally and rising demand for precipitated silica from the rubber & tire industry are expected to be the major drivers for the global sodium silicate market during the forecast period.
Asia Pacific is estimated to be the largest market for sodium silicate. China is estimated to be the leading market for sodium silicate in Asia Pacific. India, Japan, and South Korea are the other major countries contributing to the growth of the sodium silicate market in the region. The increasing demand for sodium silicate from applications such as detergents and construction is expected to drive the sodium silicate market in these countries.
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Tuesday, 13 August 2019
Caustic Soda had the largest demand among other chlor-alkali products
Globally, the chlor-alkali market is one of the largest chemical industries, in terms of both value and volume. The major chlor-alkali products are chlorine, caustic soda, and soda ash.
Caustic soda has a wide range of applications in different end-use industries such as alumina refining, organic & inorganic chemicals, soaps & detergents, water treatment, and food and pulp & paper. Major challenges for the global caustic soda manufacturers include the high-energy costs and stringent environmental regulations. In India, there are high input costs, which make the local industry less competitive. However, there have been changes in the policies and it is expected that there will be a positive outcome for the local caustic soda industry of India. The improving manufacturing industry globally will help increase the caustic soda demand in chemical and alumina applications. Soaps and detergents application, especially in India will drive the caustic soda market in the region.
The global market size of chlor-alkali is estimated to reach USD 102.60 Billion by 2021 and is projected to register a CAGR of 5.4%. The applications for caustic soda are alumina, inorganic chemicals, organic chemicals, food and pulp & paper, soaps & detergents, textiles, water treatment, and steel/metallurgy-sintering.
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Asia-Pacific is the largest chlor-alkali market, globally. The region accounts for a major share of the chlor-alkali market and is the largest producer of chlor-alkali, globally. China is the largest and fastest-growing chlor-alkali market in the region. With the continuous increase in capacity of chlor-alkali, the country has an upper hand, as the manufacturing costs in the country for chlor-alkali are low. India is another high growth market for chlor-alkali in the region; the country is expected to be a driving factor for the industry in the region.
Stringent environmental regulations for mercury emissions have forced the producers to shift to diaphragm and membrane cell technologies. There is an oversupply of caustic soda in the market due to the electrochemical unit ratio.
Solvay S.A. has a global footprint with a wide product portfolio and diverse revenue stream. The demand from the Asia-Pacific market has provided an opportunity for the company to cater to the needs of the region. The volatile exchange rates are affecting the financial situation of the organization. The company’s strong R&D laboratories help it to stay a step ahead of its competitors. It is focused on sustainable development, innovation, and operating excellence.
Thursday, 8 August 2019
Detergents application: fastest-growing application for sodium silicate
Sodium silicate market size was valued at USD 8.55 Billion in 2016 and is projected to reach USD 11.03 Billion by 2022, at a CAGR of 4.4%.The sodium silicate market is driven by the rising demand for sodium silicate from applications such as detergents, precipitated silica, construction, pulp & paper, water treatment, metal casting, and food preservation.
The sodium silicate market size for the detergents application is projected to register the highest growth during the forecast period. The consumption of sodium silicate in this application is growing due to the rising demand for sodium silicate for the manufacturing of detergents that are used for various cleaning and washing processes, such as domestic or industrial clothes washing; floor cleaning; washing of dishes, bottles, dairy equipment, and locomotives; and metal cleaning and degreasing.
Asia Pacific accounts for the largest share of sodium silicate market
Asia Pacific is estimated to be the largest market for sodium silicate. China is estimated to be the leading market for sodium silicate in Asia Pacific. India, Japan, and South Korea are the other major countries contributing to the growth of the sodium silicate market in the region. The increasing demand for sodium silicate from applications such as detergents and construction is expected to drive the sodium silicate market in these countries.
The key companies profiled in the sodium silicate market research report are PQ Corporation (US), Occidental Petroleum Corporation (US), Tokuyama Corporation (Japan), Nippon Chemical Industrial (Japan), BASF (Germany), Kiran Global Chem Limited (India), Sinchem Silica Gel (China), Shijiazhuang Shuanglian Chemical Industry (China), IQE Group (Spain), and CIECH (Poland).
Browse 146 market data Tables and 38 Figures spread through 133 Pages and in-depth TOC on "Sodium Silicate Market by Form (Solid Sodium Silicate, Liquid Sodium Silicate), Application (Detergents, Precipitated Silica, Construction, Pulp & Paper, Water Treatment, Metal Casting, Food Preservation), and Region - Global Forecast to 2022"
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Monday, 17 June 2019
Expansions, Acquisitions, and Mergers were the Key Strategies Adopted by the Major Players to Achieve Growth in the Global Sodium Silicate Market.
The sodium silicate market size is projected to reach USD 11.03 Billion by 2022, at a CAGR of 4.4% between 2017 and 2022. Sodium silicate is a versatile inorganic chemical. It is produced as a white crystalline powder or in the form of lumps that are soluble in water. It is manufactured by melting sand/silicon dioxide (SiO2) and soda ash/sodium carbonate (Na2CO3) at a temperature above 1800 °F in a closed end furnace. Caustic soda/sodium hydroxide is used instead of sodium carbonate for the direct production of liquid sodium silicate. Sodium silicate is a non-toxic, non-flammable, and non-explosive chemical. It is a strong alkaline chemical having high pH ranging from 10 to 13. Its alkaline nature makes it preferable for various applications such as detergents, precipitated silica, construction, pulp & paper, textiles, paints, foundry, and water treatment. The increasing use of sodium silicate in various applications, such as detergents, precipitated silica, and pulp & paper, is expected to drive the market.
To know about the assumptions considered for the study, download the pdf brochure
Expansions, acquisitions, and mergers were the key strategies adopted by the major players to achieve growth in the global sodium silicate market between 2015 and 2018. The major players in the sodium silicate market are PQ Corporation (US), Occidental Petroleum Corporation (US), Tokuyama Corporation (Japan), Nippon Chemical Industrial (Japan), BASF (Germany), Kiran Global Chem Limited (India), Sinchem Silica Gel (China), Shijiazhuang Shuanglian Chemical Industry (China), IQE Group (Spain), and CIECH (Poland).
Nippon Chemical Industrial used expansions as its major strategy to increase its presence in the Southeast Asian market. In August 2017, Nippon Chemical Industrial established a new company JCI in Thailand through a joint venture with local capital. With this expansion, the company aims to expand its business in Southeast Asia, majorly in Thailand.
Tokuyama Corporation used mergers as its major strategy to strengthen its sodium silicate business. In February 2017, Tokuyama Corporation made an absorption-type merger (simplified merger) with its wholly-owned subsidiary Tokuyama Siltech (Japan). The company expects to increase the business of sodium silicate with this merger.
IQE Group used acquisition as its major strategy to increase its sodium silicate production capacity. In November 2015, IQE Group acquired the silicate division of PeroxyChem (US) that includes the silicate production line located at the La Zaida plant and the Zamudio factory in Spain. With this acquisition, the company has increased its production capacity and reduced its competition in Spain.
Related Reports:
Sodium Silicate Market by Form (Solid Sodium Silicate, Liquid Sodium Silicate), Application (Detergents, Precipitated Silica, Construction, Pulp & Paper, Water Treatment, Metal Casting, Food Preservation), and Region – Global Forecast to 2022
Thursday, 16 May 2019
Chlor-Alkali Market worth 102.60 Billion USD by 2021
The report “Chlor-Alkali Market by Products (Caustic Soda, Chlorine, and Soda Ash), Applications (Alumina, EDC/PVC, Glass, Organic Chemicals, Inorganic Chemicals, Food, Pulp & Paper, Water Treatment and Others) & Region – Global Forecast to 2021″, is estimated to grow from USD 78.72 Billion in 2016 to USD 102.60 Billion by 2021, at a CAGR of 5.4%. The market is driven by increasing demand for chlor-alkali products in emerging markets and high demand from the EDC/PVC, glass and alumina application segments.
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https://www.marketsandmarkets.com/requestsampleNew.asp?id=708
https://www.marketsandmarkets.com/requestsampleNew.asp?id=708
Browse 251 market data Tables and 82 Figures spread through 268 Pages and in-depth TOC on “Chlor-Alkali Market”
“Caustic Soda had the largest demand among other chlor-alkali products”
Caustic soda has a wide range of applications in different end-use industries such as alumina refining, organic & inorganic chemicals, soaps & detergents, water treatment, and food and pulp & paper. Major challenges for the global caustic soda manufacturers include the high-energy costs and stringent environmental regulations. In India, there are high input costs, which make the local industry less competitive. However, there have been changes in the policies and it is expected that there will be positive outcome for the local caustic soda industry of India. The improving manufacturing industry globally will help increase the caustic soda demand in chemical and alumina applications. Soaps and detergents application, especially in India will drive the caustic soda market in the region.
Isocynates, textile, and glass are the fastest-growing end-use industries for chlor-alkali
EDC/PVC, food and pulp & paper, and glass are the largest applications of chlorine, caustic soda, and soda ash, respectively. These applications are the driving the overall chlor-alkali market. Among all the applications isocyanates, textiles, and glass are the fastest-growing applications for chlorine, caustic soda, and soda ash, respectively. The high demand of isocynates in manufacturing polyurethane plastics, pains, varnishes, and elastomers is driving the market for chlorine. Growing population, improving living standard, and increasing disposable income is driving the textile and glass industries, providing an impetus to caustic soda and soda ash markets.
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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=708
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=708
“Rising demand in Asia-Pacific is the major growth driver for the chlor-alkali market“
In 2015, Asia-Pacific was the largest market for chlor-alkali products. The region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from emerging countries of the region. China is the largest chlor-alkali market globally with the highest demand. The region also drives the market owing to the presence of emerging markets, availability of raw materials, and lower labor costs.
The key companies profiled in this market research report are Olin Corporation (U.S.), Solvay (Belgium), Tata Chemicals Limited (India), Occidental Petroleum Corporation (U.S.), Axiall Corporation (U.S.), AkzoNobel N.V. (Netherlands), Formosa Plastic Corporation (Taiwan), Hanwha Chemical Corporation (Korea), Tosoh Corporation (Japan), Nirma Limited (India), and Tronox (U.S.).
The scope of the report covers detailed information regarding the major factors influencing the growth of the chlor-alkali market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, investments & expansions, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the market.
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