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Chemicals (Organic, Inorganic, Industrial) Projects

The chemical industry is a highly versatile segment in the overall industrial economy of India. It is one of the oldest domestic industries in India, contributing significantly to both the industrial and economic growth. Over the past ten years, there have been breath-taking changes in the chemical industry, especially in India.

The chemical industry has been linked with almost every other industrial activities starting from food processing to rubber, leather, and textile processing.  There is, in fact, hardly any segment where chemicals do not feature. 

The industry is broadly segmented into four major categories-Inorganic Chemicals, Organic Chemicals, petrochemicals based specialities, and agro oriented chemicals and a feasibility study of chemical industrial projects.

The chemical industry currently produces nearly 70,000 commercial products, ranging from cosmetics and toiletries, to plastics and pesticides.Indian chemical companies have prominence in the global market. Global chemical companies present in India have benefited from many opportunities as a result of favorable factors such as skilled workers, low manufacturing cost and strong domestic demand.

The Agro-oriented chemicals like guar gum, starch, citric acid, sorbitol, yeast and others, valued at over Rs 1450 billion, apart from contributing 14% of the industrial sector’s contribution to GDP, industrial chemicals have a 10% share in the overall exports of India. It is spread over some 2000 units, mostly in the small scale sector. Nonetheless, over a third of the market is controlled by top 10 players.

Petrochemicals, pharmaceuticals, synthetic fibres, fertilizers and pesticide, paints and dyestuffs constitute over 85% of the market. The remaining 15% comprises a wide range of chemical intermediate and industrial or speciality chemicals which have a market of over Rs 230 billion (including imports of about Rs 15 billion).

The chemical industry remains concentrated in the western region, with a near 48% share of investment. In the western region, Gujarat makes the largest contribution to the chemical industry’s production activity. The Indian market for petrochemicals will increase four times in the next ten years. It will witness a sustained double-digit growth rate in the coming years.

India’s speciality chemicals market represents around 24% of the total chemical industry Exports of speciality chemicals from India and are poised to grow from US$4 billion in 2007 to US$13 billion in 2013, representing a growth rate of 22%.The speciality chemicals industry in India is expected to grow at a growth rate of 15%, almost double the growth of the global speciality chemicals industry.

With India being an emerging economy with high growth rates and a strong domestic demand the chemical industry in India will be one of the most booming industries in the coming years.

How to determine Feasibility Study for Industrial Projects?

The feasibility study is the study of the market’s pivotal point to determine the viability of an industrial project. It explains industrial based projects, external influencers such as legal obligations, and required investment and expected returns. The study helps in the collection of information related to the industrial plan and economy in general to determine the probable performance of the project.

Here are the primary points in determining the feasibility of chemical plant projects.

1. Target Market Research

Project reports on the market are the key factors to consider before entering into any project. The project owners have to conduct a detailed survey about the target market to determine the potential profit he is likely to get from the project.

Also, market research helps in identifying the availability of raw material, perfect product design, and product prices through understanding consumer behaviors. On market research, the project owner tends to conduct surveys pertain the product, supply and demand, product price, competition, and market distribution.

2. Technical and Procedural details

A technical study regards defining industry concerns and economies of scale and the sources of technology. The study covers the target location of the project, machinery and other assets required to run the industry, waste treatment, sources of raw materials, and participation agreement, which is licensing, taxation and other legal contracts.

3. Costs and Financial Preparedness

It regards the collection of financial requirements, analysis, and estimation of investment and operation cost of a project.

Feasibility study for a chemical industrial project influences the creation of a business plan for a chemical company, which is vital in the implementation ofchemical business ideas.

Products used in Inorganic Chemicals Manufacturing Process

The chemicals produced in the Inorganic Chemicals Manufacturing Process are intermediate products that are used as inputs in industrial and manufacturing processes. They are those that are not carbon-based; that is, they are minerals that lack carbon atoms, unlike organic compounds.

The inorganic chemicals industry consists of two segments–basic inorganic chemicals such as potassium, nitrogen and phosphorus products, sulfates, alkalis, among others, and specialty chemicals such as catalysts, pigments, and fuels.

1. Basic Inorganic Chemicals

They are chemicals that manufacture inorganic products such as plastics and fertilizers such as potassium nitrates. They are produced in large quantities. The basic inorganic compound industry is characterized by its high degree of fragmentation across areas with a large volume of production.

They also have a high energy cost, low import tariffs, and infrastructural impediments, which significantly affects their competitiveness.

2. Specialty Inorganic Chemicals (SIC)

They are chemicals with diverse and complex production processes. They are manufactured through a combination of simple process steps such as chemical reaction processes, and equipment, which are modified to create the desired specialty product.

Specialty inorganic chemicals are characterized by the quality and purity of raw materials. The characteristics are the key factors influencing the environmental impacts of products produced as there are opportunities to reuse or recycle these products.

 

 

Reasons for buying our reports:

This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

This report provides vital information on the product like its characteristics and segmentation

This report helps you market and place the product correctly by identifying the target customer group of the product 

This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

The report provides a glimpse of government regulations applicable on the industry

The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

 

Our Approach:

Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

We use reliable sources of information and databases. And information from such sources is processed by us and included in the report


We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Sodium Bicarbonate Production from Soda Ash

Sodium Bicarbonate Production from Soda Ash. Baking Soda Manufacturing Business Sodium Bicarbonate is an odorless and alkaline compound with the chemical formula NaHCO3. Sodium bicarbonate is commonly referred to as baking soda, which is a popular food ingredient, medicine, and household product. Sodium bicarbonate is mostly used in the food and beverage industry in the preparation of an extensive range of food products such as cakes, pancakes, rolls, muffins, cookies, soda bread, breads, sports drinks, soft drinks, and other baked and fried foods. It is mainly used as an effervescent agent in food and beverage products. Sodium bicarbonate is a leavening agent, which is commonly used for dough rise. Sodium bicarbonate is an antacid used to relieve heartburn and acid indigestion. This is because it has leavening properties, meaning it causes dough to rise by producing carbon dioxide. Aside from cooking, baking soda has a variety of additional household uses and health benefits. Sodium bicarbonate is commonly used as baking soda in food and beverage and animal feed. High consumption of grains, dairy, sugar, meat and fish products increases the body acid level which results into several health problems. Consumption of baking soda which is commonly used term for sodium bicarbonate in food & beverage industry, neutralizes the acidic level of body and reduces the risk of several diseases such as arthritis, digestive disorder, heartburn and stomach upset. Application of sodium bicarbonate in wide range of products such as dairy, beers, ciders, cereals, noodles, confectioners, pretzels, etc. will drive the market. Further its excellent properties such as enhancing cakes volume, will positively influence the global sodium bicarbonate market. Uses and Applications of Sodium Bicarbonate: Sodium bicarbonate can be used to remove the odor that a thermos takes on after not being used for a long time with the lid closed. It can also be used as a deodorant when applied under the arms. To make things white, mix sodium bicarbonate with lavender essential oil. • Sodium Bicarbonate in Pest Control • Sodium bicarbonate as a cleanser • Sodium bicarbonate in cosmetic • Sodium bicarbonate as a neutralizer • Sodium bicarbonate for domestic purposes • Sodium bicarbonate in gastronomy Market Outlook The global sodium bicarbonate market is estimated to reach US$ 2,443.1 Mn by the end of the forecast period and is expected to expand at a CAGR of 3.7% for the period 2018–2028. The factors responsible for this positive growth of sodium bicarbonate market are increasing demand from industrial and pharmaceutical sectors, growing disposable income and favorable socioeconomic trends. Global demand for sodium bicarbonate will be driven by increasing demand from food & beverage industry. Rising population worldwide is growing the demand for sodium bicarbonate coupled with shift in consumer eating habits, favoring the sodium bicarbonate market. Consumption of dairy, meat, fish etc. have predominantly resulted into higher body PH value, to treat alkaline level of human body sodium bicarbonate is used. Further its application in bakery product will positively impact sodium bicarbonate market growth over coming years. The increasing consumption in the food industry and growing demand from the personal care industry is driving the market growth. On the flip side, health hazards regarding the consumption of sodium bicarbonate as well as rising competition in the market are expected to limit market growth. Whereas, the growing use of baking soda as a deodorizing agent in personal care products is expected to create potential opportunity over the forecast period. The increasing consumption in the food industry and growing demand from the personal care industry is driving the market growth. On the flip side, health hazards regarding the consumption of sodium bicarbonate as well as rising competition in the market are expected to limit market growth. Whereas, the growing use of baking soda as a deodorizing agent in personal care products is expected to create potential opportunity over the forecast period. It has a multitude of uses from everyday goods to pharmaceuticals and beyond. Different grades of sodium bicarbonate that currently available in market. This is primarily to differentiate the usability of the product based on its grade in Food & Beverages, pharmaceutical, and feed. Sodium bicarbonate is primarily used in baking as a leavening agent. Some of its applications in Food & Beverages include chemical leavening agent in ready-to-eat cakes and pastries, odor absorbent, fruit washing agent and cleaning agent. The versatile uses of sodium bicarbonate as an active pharmaceutical ingredient and excipient has elevated the global market positioning of the salt in terms of both demand and adoption. A recent study reveals that treatments incorporating sodium bicarbonate are effective in bringing about improvements in the endothelial function in patients suffering from stage 3 and stage 4 chronic kidney disease. Wider applications of sodium bicarbonate will boost revenues in the global market. The popularity of starch, powdered sugar, and common salt has directly influenced the growth prospects of the global market for sodium bicarbonate. Furthermore, the sale of sodium bicarbonate through several new departmental store chains has also created tremendous growth opportunities within the global market for this product. Another key factor that is prognosticated to propel market demand in the forthcoming years is the emergence of new vendors in the global market for sodium bicarbonate. The global sodium bicarbonate market is hindered by complication and side effect on the consumption. High consumption of this products for longer period can cause severe health problem such as allergic reactions, arthritics and breathing problem. Further there are certain restriction on sodium bicarbonate on its application in food and medical items which will negatively influence the market growth by 2024. Increasing growth in industrial sector and population and demographic changes are the prime factors responsible for the positive growth of the sodium bicarbonate market across the globe. The extension of government health programs in developing countries is also expected to have a positive impact on the growth of the sodium bicarbonate market during the forecast period. In terms of industrial growth, the flue gas desulphurization industry is experiencing positive growth and is expected to continue to experience the same in the coming years as well. Crystal/powdered crystal product segment held the highest sodium bicarbonate market share in terms of revenue. It is majorly used in various food products and agrochemical items. Increasing consumption of sodium bicarbonate in food & beverage and agrochemical industry is augmenting the demand for Crystal/powdered crystal product segment. Further major consumption of sodium bicarbonate is done in crystal/powdered crystal which is growing the market by CAGR of over 5.5% in forecast period. Some of the key vendors in the global sodium bicarbonate market are Solvay Specialty Polymers USA, LLC, Tosoh Corporation, Natural Soda, LLC, Crystal Mark, Inc., and Blastrite, Tata Chemical Ltd., Solvay, KAZAN SODA ELEKTRIK, CIECH Group, Sisecam Group, Tosoh Corporation, Bashkir Soda Company, Novacap, Church & Dwight Co., Inc., NATURAL SODA LLC and AGC Inc. Tags #Sodium_Bicarbonate, #Making_of_Sodium_Bicarbonate, Uses of Sodium Bicarbonate, Sodium Bicarbonate Production, #Sodium_Bicarbonate_Formula, How Baking Soda is Made, #Baking_Soda_or_Sodium_Bicarbonate, Preparation of Sodium Bicarbonate, Process for Producing Sodium Bicarbonate, Process for #Production_of_Sodium_Bicarbonate, Producing Sodium Bicarbonate, Manufacturing of Sodium Carbonate, How to Make Sodium Bicarbonate, Sodium Bicarbonate Production Process, #Sodium_Hydrogen_Carbonate_(Nahco3), Sodium Hydrogen Carbonate Formula, #Sodium_Bicarbonate_Manufacturing_Process, Manufacturing Process of Baking Powder, Process for Production of Sodium Bicarbonate, #Manufacturing_of_Sodium_Bicarbonate, Baking Soda or Sodium Bicarbonate, Sodium Bicarbonate Manufacture, Sodium Bicarbonate Manufacturing, Manufacture of Sodium Bicarbonate, Baking Soda (Sodium Bicarbonate), Sodium Bicarbonate Manufacture in India, Baking Powder Production Business, #Baking_Powder_Manufacturing_Industry, Manufacturing of Baking Soda, Uses and Applications of Sodium Bicarbonate, Sodium Bicarbonate in Pest Control, Sodium bicarbonate as a cleanser, Sodium bicarbonate in cosmetic, Sodium bicarbonate as a neutralizer, Sodium bicarbonate for domestic purposes, Sodium bicarbonate in gastronomy, Sodium Bicarbonate Market, #Detailed_Project_Report_on_Baking_Powder_Manufacturing_Industry, Project Report on Sodium Bicarbonate Production, Pre-Investment Feasibility Study on Baking Soda or Sodium Bicarbonate, Techno-Economic feasibility study on Baking Soda or Sodium Bicarbonate, #Feasibility_report_on_Baking_Soda_or_Sodium_Bicarbonate, Free Project Profile on Baking Powder Manufacturing Industry, Project profile on Sodium Bicarbonate Production, Download free project profile on Baking Soda or Sodium Bicarbonate
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Return: 1.00%Break even: N/A
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Ground Calcium Carbonate with 90% Brightness and Whiteness and > 90% CaCO3

Ground calcium carbonate, commonly referred to as GCC in industrial applications, is widely used as a filler material. Ground calcium carbonate may be referred to as calcium or limestone in agricultural applications. GCC products are used in the whole variety of applications for lime stones – building products, paints, plastics, agriculture, glass, among others. The demand in the global ground calcium carbonate market at a considerable CAGR of 5.0% during the forecast period from 2017 to 2025. As per the research, the global ground calcium carbonate market is foreseen to reach around worth of US$22,311.06 mn before 2025, considerably more the end of 2025. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Aranthaangi Chemical Products Ltd. • Chemical & Mineral Inds. Pvt. Ltd. • Citurgia Biochemicals Ltd. • Fimakem India Ltd. • Gulshan Polyols Ltd. • Lime Chemicals Ltd.
Plant capacity: 200 MT/DayPlant & machinery: Rs 12 Crore
Working capital: -T.C.I: Cost of Project: Rs 24 Crore
Return: 28.00%Break even: 55.00%
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Ground Calcium Carbonate (GCC) Manufacturing Business

Ground Calcium Carbonate (GCC) Manufacturing Business. Production of Ground Calcium Carbonate with 90% Brightness and Whiteness and > 90% CaCO3 Calcium carbonate is one of the most abundantly occurring minerals on earth and composes nearly four percent of earth’s crust. It exists naturally in the form of limestone, marbles and chalk formed by sedimentation over a period of time. It is one of the most versatile compounds and finds a variety of applications across a diverse set of industries including construction, steel, and agrochemicals among others. Advantages of Ground Calcium Carbonate • GCC is cheaper and it has high brightness. • GCC creates a porous surface on the paper sheet due to its rhombohedral particle shape. • GCC is hydrophobic as a result it is liberate water more rapidly. • Improve printability • Lower binder demand Uses Calcium carbonate, as it is used for industrial purposes, is extracted by mining or quarrying. Pure calcium carbonate can be produced from marble. The primary type of industrial product is "ground calcium carbonate,” or GCC. GCC, as the name implies, involves crushing and processing limestone to create a powdery-like form graded by size and other properties for many different industrial and pharmaceutical applications. • Paper, Plastics, Paints, and Coatings Calcium carbonate is the most widely used mineral in the paper, plastics, paints and coatings industries both as a filler – and due to its special white color - as a coating pigment. In the paper industry it is valued worldwide for its high brightness and light scattering characteristics, and is used as an inexpensive filler to make bright opaque paper. • Personal Health and Food Production Calcium carbonate is used widely as an effective dietary calcium supplement, antacid, phosphate binder, or base material for medicinal tablets. It also is found on many grocery store shelves in products such as baking powder, toothpaste, dry-mix dessert mixes, dough, and wine. Calcium carbonate is the active ingredient in agricultural lime, and is used in animal feed. Calcium carbonate also benefits the environment through water and waste treatment. • Building Materials and Construction Calcium carbonate is used in industrial settings to neutralize acidic conditions in both soil and water. Calcium carbonate crystals are referred to as calcite. The calcite crystal generally is considered a rhombohedron because of its cleavage properties. Cleavage is what causes crystals to angle where the bonding forces are weak and are apt to break into planes. Calcite is unique in that its cleavage takes three distinct directions. Market Outlook On the basis of detailed analysis in the report the growth of every one of those ventures, and a few others, will keep on surging the demand in the global calcium carbonate market at a considerable CAGR of 5.0% during the forecast period from 2017 to 2025. As per the research, the global calcium carbonate market is foreseen to reach around worth of US$22,311.06 mn before 2025, considerably more the end of 2025, from the market's assessed valuation of US$15,158.33 mn back in 2017. The surge in requirement for paints and coatings on the back of thriving construction and building industry, augmented demand in the paper business, developing utilization of nano-calcium carbonate in the pharmaceutical and rubber enterprises are boosting the growth in global calcium carbonate market. Moreover, government activities for the development of the plastics industry in the Middle East are among the major factors fueling the demand in the global calcium carbonate market. Then again, environmental concerns of mining limestone and negative impacts of utilizing calcium carbonate in dietary supplements are a couple of limitations testing the market for the same. APAC is expected to be the major revenue contributor to the ground calcium carbonate market throughout the forecast period. The region is witnessing an increased demand for ground calcium carbonate from the fillers market due to innovations in terms of product and quality development. The market in this region is also driven by the growth of the paints and coatings, industrial, and packaging industries. The increasing demand from packaging and tissue paper application is identified as one of the primary growth factors for this market. The demand for ground calcium carbonate in packaging and tissue paper application is rapidly gaining prominence. Ground calcium carbonate is used in this segment as it creates a porous base on the sheet of paper, due to its rhombohedral particle shape. Moreover, the ground calcium carbonate is hydrophobic and it releases water rapidly. Also, the tissue paper market is constantly growing with the rise in number of quick service restaurant (QSR), food and beverages (F&B) chains, and other associated outlets. These facilities prefer disposable napkins and paper towels since they do not require washing and eliminate the need for labor and are more hygienic when compared to their conventional cloth counterparts. This will in turn, propel the demand for ground calcium carbonate in the coming years. In terms of market volume, global ground and precipitated calcium carbonate market is expected to witness a steady growth, registering a moderate single digit growth compounded annual rate during the forecast period. This forecast growth in consumption of ground and precipitated calcium carbonate is expected to primarily be attributed to steady growth in demand from end use industries based in Asia Pacific region. Thus, steady growth of construction sector coupled with forecast steady growth of global automotive production is expected to positively impact the consumption of ground and precipitated calcium carbonate across end use industries. Moreover, steady growth in demand from plastics and rubber industries is expected to propel the global ground and precipitated calcium carbonate market over the forecast period. However, relatively sluggish to slow growth of paper industry, major ground and precipitated calcium carbonate consuming industry, across key markets such as Europe and North America is likely to act as an impediment to growth of global ground and precipitated calcium carbonate market during the forecast period. Also, relatively slower economic growth is expected to restrain the growth of the market in the initial phase of the forecast period. Tags #Ground_Calcium_Carbonate, #Ground Calcium Carbonate (GCC), #GCC, Calcium Carbonate, Ground Calcium Carbonate Manufacturing Process, Ground/Natural Calcium Carbonate, Ground Calcium Carbonate Manufacture, Ground Calcium Carbonate (GCC) / Limestone, Calcium Carbonate (Caco3), Chemical Industry, Calcium Carbonate Processing and Production, Ground Calcium Carbonate Process Diagram, Manufacturing of Ground Calcium Carbonate, #How_to_Manufacture_Ground_Calcium_Carbonate, Calcium Carbonate Production, #Caco3_Manufacturing_Process, Manufacture of Ground Calcium Carbonate, #Calcium_Carbonate_Industry, Calcium Carbonate Plant, Calcium Carbonate Indusrial Production, (GCC) Ground Calcium Carbonate, Process of Manufacturing of Ground Calcium Carbonate, Ground Calcium Carbonate (GCC) Production, #Ground_Calcium_Carbonate_Plant, Detailed Project Report on Ground Calcium Carbonate (GCC) Production, #Project_Report_on_Ground_Calcium_Carbonate_Manufacturing_Industry, Pre-Investment Feasibility Study on Ground Calcium Carbonate (GCC) Production, #Techno_Economic_feasibility_study_on_Ground_Calcium_Carbonate_Manufacturing Industry, #Feasibility_report_on_Ground_Calcium_Carbonate_(GCC)_Production, Free Project Profile on Ground Calcium Carbonate Manufacturing Industry, Project profile on Ground Calcium Carbonate Manufacturing Industry, Download free project profile on Ground Calcium Carbonate (GCC) Production
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Return: 1.00%Break even: N/A
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Citric Acid Monohydrate Manufacturing Business

Citric Acid Monohydrate Manufacturing Business. Business Opportunities in Chemical Industry Citric acid is a weak organic acid with the formula C6H8O7. It is a natural preservative/conservative and is also used to add an acidic or sour taste to foods and drinks. In biochemistry, the conjugate base of citric acid, citrate, is important as an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms. It consists of 3 carboxyl (R-COOH) groups. Citric acid is a commodity chemical, and more than a million tonnes are produced every year by fermentation. It is used mainly as an acidifier, as a flavoring, and as a chelating agent. Citric Acid is used in Food, Beverages, Flavor enhancer, Coloring. Citric Acid is used in Preservative, Detergents, Cleaners, Pharmaceuticals, Cosmetic. Citric Acid is used in Industrial and Chemical processing. Citric Acid is used in fluxes for galvanizing, soldering & tinning. Citric Acid Monohydrate is a tricarboxylic acid found in citrus fruits. Citric acid is used as an excipient in pharmaceutical preparations due to its antioxidant properties. It maintains stability of active ingredients and is used as a preservative. It is also used as an acidulant to control pH and acts as an anticoagulant by chelating calcium in blood. Application Citric acid monohydrate was used in the preparation of citric acid solution employed in the acetone method of 68Ga pre-purification and radiolabeling technique. It may be used: • As release-modifying agent to improve the release of diltiazem hydrochloride from melt extruded Eudragit RS PO tablets. • To prepare citrate buffer for use in the preparation of platelets for intravital microscopy. • To prepare Tris-citrate buffer employed for the electrophoresis of bacterial enzymes. Market Outlook The global citric acid market exceeded the volume of 2 Million Tons in 2018. The market is further projected to reach a volume of nearly 3 Million Tons by 2024, growing at a CAGR of 4% during 2019-2024. Due to its various advantageous properties, citric acid is widely used as an additive in food and beverages, personal care products, cleaners and detergents, adhesives and sealants, coatings, inks, plastics and polymers, pharmaceutical products and clinical nutrition, feed and pet food items. The rising demand for citric acid from the food and beverage industry as a food additive is set to remain the key driving factor for the growth of the global citric acid market during the forecast period. The significant demand for carbonated soft drinks and convenience and ready-to-eat products due to the growing urban population and changing consumer trends are contributing in a large way to the demand for citric acid in the food and beverage industry. Increasing industrial preferences for additives derived from natural sources over their synthetic counterparts are likely to contribute to product demand in the food and beverage, cosmetics, and pharmaceuticals industries. For instance, there is a growing demand for citric acid in the detergents and cleaners segment due to its non-toxic, non-corrosive, and biodegradable characteristics. The segment is expected to showcase substantial growth during the forecast period. High demand for the product to preserve food is expected to be a key driver for the industry growth. In addition, the growing demand for the compound in pharmaceutical industry for the manufacturing of digestive medicines is expected to positively drive the market over the forecast period. Citric acid helps manufacturers in offering a clean label to their products, and satisfying consumer demand for safe and permitted ingredients within their budget. However, manufacturers face intense competition from inter- and intra-industry peers in sourcing raw material, ultimately restraining the market growth to a significant extent. Citric acid is also used in the production of detergents and cleaners. Various environmental norms have resulted in the replacement of phosphate builders with citric acid in many formulations. Unlike phosphates, citric acid does not contribute to the eutrophication of water bodies and is desirable from an environmental perspective. Moreover, availability in abundance, low price, and large-scale applications boost the growth of the market. Molasses, waste feedstock and fruit peel, the raw materials used for the production of citric acid is cheap and is its availability is practically unlimited. However, the threat from lactic acid as a substitute to citric acid is likely to restrain the growth of the growth of the global citric acid market over the forecast period. The significant demand for carbonated soft drinks and convenience and ready-to-eat products due to the growing urban population and changing consumer trends are contributing in a large way to the demand for citric acid in the food and beverage industry. Increasing industrial preferences for additives derived from natural sources over their synthetic counterparts are likely to contribute to product demand in the food and beverage, cosmetics, and pharmaceuticals industries. For instance, there is a growing demand for citric acid in the detergents and cleaners segment due to its non-toxic, non-corrosive, and biodegradable characteristics. The segment is expected to showcase substantial growth during the forecast period. Citric acid is also used in dairy products, jellies, jams, and cake fillings to embed a tart-like flavor and to increase the shelf life. The global citric acid market analysis showed that growth in sales of detergents and household cleaning products is also contributing significantly to the sales of the chemical. Changing lifestyle and consumer inclination for easy-to-handle sophisticated products is, in turn, propelling the global citric acid market growth. The prominent manufacturers in the global citric acid market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Merck KGaA (Germany), Tate & Lyle (UK), COFCO Biochemical (Anhui) CO., LTD (China), Jungbunzlauer Suisse AG (Switzerland), HUANGSHI XINGHUA BIOCHEMICAL CO.LTD. (China), RZBC GROUP CO., LTD. (China), Weifang Ensign Industry Co., Ltd (China), Gadot Biochemicals Industries LTD. (Israel), S.A. Citrique Belge N.V. (Belgium), and Pfizer Inc. (U.S.). Tags #Citric_Acid_Monohydrate, #Industrial_Production_of_Citric_Acid, #Production_of_Citric_Acid, Citric Acid Production, #Commercial_Production_of_Citric_Acid, Process for Preparation of Citric Acid Monohydrate, #Process_for_Manufacture_of_Citric_Acid_Monohydrate, Citric Acid Production and Application, Citric Acid Monohydrate Making Business, Industrial Uses of Citric Acids, Citric Acid Production Flow Chart, #Citric_Acid_Monohydrate_Manufacture, Citric Acid Production Process, Citric Acid Industry, #Citric_Acid_Monohydrate_Manufacturing_Process, Citric Acid Manufacturing Process, Manufacturing of Citric Acid, Citric Acid Manufacturing Plant, #Citric_Acid_Monohydrate_Manufacturing_Process, Citric Acid Monohydrate Manufacturing, Manufacture of Citric Acid Monohydrate, #Detailed_Project_Report_on_Citric_Acid_Monohydrate_Manufacturing, Project Report on Citric Acid Monohydrate Manufacturing, Pre-Investment Feasibility Study on Citric Acid Production, Techno-Economic feasibility study on Citric Acid Production, #Feasibility_report_on_Citric_Acid_Monohydrate_Manufacturing, Free Project Profile on Citric Acid Production Business, Project profile on Citric Acid Monohydrate Manufacturing, Download free project profile on Citric Acid Monohydrate Manufacturing
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Return: 1.00%Break even: N/A
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Camphor Tablet (Synthetic)

Camphor Tablet is one of the most common forms of camphor available in the market. Its main use is in religious purpose. It is used as a purifier when praying to God in Hindu religion. Camphor tablets are commonly used as a fragrance because of their pleasant smell. Camphor tablets are used for wide range of medical properties as it helps reduce pain and swelling, helps relax worn out muscles and reduces congestion and cough. They are used in manufacturing various medicines. Growing demand from the pharmaceutical industry is therefore the major factor driving the growth of camphor tablets in the market. High consumption of camphor tablets for religious rituals in India is another factor boosting market growth for camphor tablets. Camphor Tablets market was valued at US$ 93.9 Mn in 2016 and is expected to reach US$ 145.6 Mn by 2022, growing at a CAGR of 7.6% during the forecast period 2016-2022. Pharmaceutical was the leading end-user segment with more than 30% share of global camphor tablets market. The medicinal properties of camphor have led to high demand for manufacturing different types of medicines for different pains and diseases. Camphor tablets are also used in manufacturing wide range of ayurvedic medicines. Hence, pharmaceutical is expected to create strong demand for camphor tablets in the market. Food accounted to be the second largest application of camphor tablets as it is used as essence in various food products. Also in agriculture, camphor tablets are used to keep moths and insects away. It is used as an abuser to keep reptiles and insects away in agriculture and even in household activities. Therefore, there is constant demand for agricultural camphor tablets. In skin care products, Camphor tablets are also used to reduce acne and pimples. Therefore, in many skin care products and hair care products the chemical industry makes use of camphor because of its beneficial properties. However, the high flammability of dimethyl camphor is expected to impact negatively on the growth of the camphor tablets market over the forecast period.
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Return: 1.00%Break even: N/A
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Gold Salt

Gold salts are ionic chemical compounds of gold. The term, "gold salts" is a misnomer, and is the term for the gold compounds used in medicine. "Chrysotherapy" and "aurotherapy" are the applications of gold compounds to medicine. Contemporary research on the effect of gold salts treatment began in 1935, primarily to reduce inflammation and to slow disease progression in patients with rheumatoid arthritis. The use of gold compounds has decreased since the 1980s because of numerous side effects and monitoring requirements, limited efficacy, and very slow onset of action. Most chemical compounds of gold, including some of the drugs discussed below, are not salts, but are examples of metal thiolate complexes. The use of injected gold salts is indicated for rheumatoid arthritis. Its uses have diminished with the advent of newer compounds such as methotrexate and because of numerous side effects. The efficacy of orally administered gold is more limited than injecting the gold compounds.
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Assaying Gold

Gold assaying is essential in determining the amount of gold in a mineral deposit. There are various gold assaying processes used today, each specific gold assay choice will depend on the type of gold item being checked for purity. Because purity is essential for gold coin or gold bullion bar values, assaying gold contents is therefore critical. The main reason for assaying gold bullion products is to make sure they meet the standards claimed by their respective issuing mint, meeting the minimum purity requirement for a particular gold coin or gold bar stamping.
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Soda Ash (Light & Soda Ash Dense) Production

Soda Ash (Light & Soda Ash Dense) Production. Sodium Carbonate Manufacturing Industry The market of Soda Ash in India is anticipated to cross $2.8 billion by the end of 2025. Soda ash also known as sodium carbonate is an alkali chemical refined from trona ore. It is an odorless powder which is not toxic, flammable, and explosive. Soda ash is available in three different grades namely dense soda ash, light soda ash, and washing soda. Dense soda ash is an anhydrous substance mostly used in the manufacturing of industrial chemicals. Light soda ash is used as pH regulator in various industrial processes. Washing soda is an anhydrous substance that is produced combining light soda with additional molecules of water and used in soaps and washing detergents to improve their cleaning properties. Sodium carbonate is used in the production of high performance powder detergents for laundry and dish washing. Sodium carbonate is a very efficient source of alkalinity reserve and plays an important role in water softening. As a result it has been approved by many detergent producers in nil-phosphate containing formulations. It may also be used for the direct soaking of clothes, dishwashing, floor washing and for degreasing operations. Applications of Soda Ash: • Detergent Manufacture – Soda ash is replacing phosphates that were earlier being used in a number of household detergents. Many other cleaning products such as dishwashing soaps also contain varying amounts of soda ash in their formulations. • Glass Manufacture - In the production of glass, glass containers, fiberglass insulation, and many others, soda ash is needed especially because it reduces the melting point of silica. • It can help in removing stains, alcohol, and grease on clothes – also in coffee pots and espresso makers. • It can increase the alkaline level in swimming pools which can help in maintaining the PH Levels to balance the water. • It can also be used for dying clothes. • It can effectively clean the air. • It can soften water. • It can be used as fertilizers • Our Sodium Carbonate or soda ash is used in food industry as acidity regulator, raising agent and stabilizer. • It widely used in Soap, detergent, glass, paper and rayon industries. • It is used in brick industries as wetting agent. Dense Soda Ash Dense soda ash is a premium quality product that combines a consistently high sodium carbonate content with very low impurity levels of chlorides and iron. Dense soda ash is guaranteed to be 99.2% pure, but has a typical purity level of 99.8%, resulting in more products when compared to a lower assay soda ash. Market Outlook The Global Soda Ash Market is expected to witness a significant growth of ~23.1 billion by 2022 with CAGR of ~4.9% between 2016 to 2022. Soda ash has found numerous application such as water softening in laundering, food additive, foaming agent in toothpaste, stain remover and many other. Increasing demand for building and construction activities is likely to drive the soda ash market growth. The growing glass industry on account of developing domestic as well as commercial buildings particularly in Asia-Pacific and Middle East has boosted the global soda ash market over the forecasted period. Soda Ash has ability to control Ph value in water and make it softer has opened its paths in water treatment applications. Market also witnessed significant growth of natural soda ash sue to its low-cost benefits. Stringent regulations from developed regions like Europe regarding production of synthetic soda ash through chemical process has fueled the demand for natural soda ash. The soda ash market is majorly driven by the growing demand for end-user industries. Soda ash is used in manufacturing of flat glass which are used in building & construction activities. Growing demand for soda ash for building and construction is expected to drive the market growth. Growing demand for glass from the end user industry such as automotive is expected to boost the market growth over the forecast period. Lenient regulations for synthetic soda in the Asia Pacific is anticipated to drive the market growth over the forecast period in the region. The growth in the end-user industries of Soda Ash and its expanding application base is foreseen to be the major driver boosting the growth of the market during the forecast period. The market is witnessing an exponential demand from the Glass industry, particularly from the container and flat glass sectors. Also, the rising demand for soda ash in soaps & detergents industry, especially in the developing regions is expected to strengthen the market further. The increasing demand for natural soda ash due to its low cost benefits will also contribute to the growth of the market. Growth in the household detergents market in Europe is likely to drive the soda ash market in the near future. Additionally, increasing demand for soda ash in the construction & building materials industry coupled with rising number of water treatment projects is anticipated to fuel the demand for soda ash during the forecast period. However, competition from substitute products such as caustic soda and sodium silicate may act as a restraining factor in the expansion of the sodium silicate market. Rising necessity of Enhanced Oil Recovery (EOR) in regions such as Europe due to energy conservation policies, high fuel prices, and technological development may open avenues for the growth of the soda ash market in the near future. Dense soda ash, light soda ash, and baking soda are the three primary grades of soda ash available in the market with similar chemical characteristics but varying physical traits. Light soda is a fundamental alkali chemical used for aluminum cleaning, dying, and water softening. Dense soda ash is used in glass manufacturing including flat glass, container glass, plate glass, automotive glass, and curtain wall glass. Major leaders of the world Soda Ash market are: Tata Chemicals Ltd, Searles Valley Minerals, Gujarat Heavy Chemicals Ltd, Solvay Chemicals Inc, Soda Sanayii A.S, FMC Corporation, Oriental Chemical Industries, CIECH Soda Romania, Nirma Limited, DCW Limited India Soda Ash Market The market of soda ash in India is anticipated to cross $2.8 billion by the end of 2025. Growing demand for soda ash from numerous industries such as glass, soap & detergents, pulp & paper, etc., is expected to drive the India soda ash market during 2016 – 2025. Moreover, growing applications in construction and chemical industries is further anticipated to positively influence the India soda ash market during forecast period. Increasing rate of modernization and improving living standards of consumers are positively influencing the demand for soda ash from the country’s glass industry. Moreover, electronic goods like smartphones, LCDs, laptops, are also being manufactured at a rapid pace in India, which, in turn, is aiding the country’s glass industry, thereby driving the India soda ash market. Tags #Soda_Ash, #Manufacturing_of_Sodium_Carbonate, #Soda_Ash_Manufacturing_and_Process_Flow_Diagram, Sodium Carbonate, Sodium Carbonate Manufacturing, #Manufacture_of_Soda_Ash, Soda Ash Production, Preparation of Sodium Carbonate, Soda Ash Formula, #Production_of_Soda_Ash, Soda Ash Production Business, Soda Ash Manufacture, Manufacture of Soda Ash Light, Soda Ash Dense, #Soda_Ash_Light_and_Dense, Soda Ash Manufacture in India, Producing Soda Ash, Soda Ash Plant, Soda Ash Production Plant, Washing Soda, How to Make Washing Soda, What is the Process for Manufacturing Soda Ash? Production and Applications of Soda Ash, Soda Ash Powder Production Unit, Soda Ash Manufacturing Industry, Dense Soda Ash, Light Soda Ash, #Production_of_Dense_Soda_Ash, #Soda_Ash_Industry, Soda Ash Manufacturing Plant, Soda Ash Light, Washing Soda Production, #Detailed_Project_Report_on_Soda_Ash_Production, Project Report on Soda Ash Production, Pre-Investment Feasibility Study on Soda Ash Manufacturing Industry, Techno-Economic feasibility study on Soda Ash Manufacturing Industry, #Feasibility_report_on_Soda_Ash_Manufacturing_Industry, Free Project Profile on Soda Ash Manufacturing Industry, Project profile on Soda Ash Production, Download free project profile on Soda Ash Production
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Acrylic Acid Production from Propylene

Acrylic Acid Production from Propylene. Business Ideas & Opportunities in Petrochemicals Sector Acrylic acid (2-propenoic acid) is a highly reactive carboxylic acid that can react with itself to form polyacrylic acid, which is used as an absorbent in hygiene products. It also can react with alcohols to form acrylates (esters) that are used in a wide range of polymers. However, polymers commonly called acrylic (Plexiglas, textiles, etc.) contain acrylate monomers but are often produced from chemicals other than acrylic acid. Applications • Chemical compounding • Chemical intermediate • Detergent • Industrial water treatment Uses Acrylic acid is used in the manufacture of plastics, in latex applications, in floor polish, in polymer solutions for coatings applications, emulsion polymers, paint formulations, leather finishing’s, and paper coatings. Acrylic acid is also used as a chemical intermediate. One of the main applications is in the manufacture of superabsorbent polymers that can soak up large amounts of liquid and are used mainly in diapers and other hygiene products. The primary use of acrylic acid is in the production of acrylic esters and resins, which are used primarily in coatings and adhesives. It is also used in oil treatment chemicals, detergent intermediates, water treatment chemicals, and water absorbent polyacrylic acid polymers. Acrylic acid is used widely for polymerization, including production of polyacrylates. It is a monomer for polyacrylic and polymethacrylic acids and other acrylic polymers. It is used in the manufacture of plastics, as a tackifier, as a flocculant, in the production of water-soluble resins and salts, as a comonomer in acrylic emulsion and solution polymers and in molding powder for signs, construction units, decorative emblems and insignias. It is used in polymer solutions for coatings applications, in paint formulations, in leather finishings, in paper coatings, in polishes and adhesives and in general finishes and binders. Market Outlook Acrylic Acid Market size was valued at $12,584.1 million in 2015, and is expected to reach $19,509.4 million by 2022, supported by a CAGR of 6.6% during the forecast period 2016 to 2022. Acrylic Acid is a derivative of Esters and Acrylates They have a wide range of application in paper treatment, plastic additives, textiles, sealants, adhesives, and surface coatings. The prices of oil has been rising due to this manufacturers are using bio-based techniques to produce this unsaturated carboxylic acid and acrylates from renewable resources such as glycerol, sugar, etc. Growing demand in emerging markets, increasing demand from end user industries and rising demand for high strength materials are factors fuelling the market growth. However, volatile prices of the raw materials and stringent government regulations are hindering the market growth. Moreover, demand for Polymethyl methacrylate (PMMA) resins in different industries provides ample opportunities for market growth. Based on end user, personal care segment is projected to grow at a steady rate due to increasing demand for super absorbent polymers. Personal care products such as diapers and adult incontinence products are increasingly using super absorbent polymers. Global supplies of acrylic acid are likely to remain strong over the next couple of years with emerging markets posting higher demand. Acrylic acid remains a sought-after industrial material, owing to its wide-ranging properties. Acrylic acid is a specialty chemical and finds widespread application in several large-scale industrial verticals. Construction, polymer and adhesive are some of its major end-use industries, which are exhibiting healthy growth. The aforementioned factors are expected play a key role in governing the growth trends of the global acrylic acid market in the forthcoming years. Industries are developing and commercializing processes for producing it from petrochemicals. Due to the rising price of oil globally, manufacturers are using bio-based techniques to produce this unsaturated carboxylic acid and acrylates from renewable resources such as glycerol, sugar, etc. Renewable feedstock shows cost competitive outcomes as compared to petrochemical routes. Applications in Detergents, Adult Incontinence and Personal Care Products have contributed to the increased demand for acrylic acid. Major end users are diapers, surface coating, adhesives and sealants, plastic additive, water treatment, textiles and surfactants. Currently, the compound is majorly consumed in manufacturing diapers; this segment would dominate the sector through 2022. Acrylic based surfactants are used as binders that enhance the flexibility, gloss and durability of the coatings. Moreover, it increases the shelf life of paints; improve the stability of freeze-thaw and mechanical stability. These factors are driving the demand for the compound in surfactants industry. The acrylates are widely used in detergents, flocculants, thickeners and dispersants. The acrylate esters were the largest derivative that was consumed globally. They provide several desirable properties to the polymers such as color stability, resistance to heat, clarity and weather-ability, thus being used widely in the coating and adhesives industry. The personal care products such as adult incontinence and diapers are majorly using the super absorbent polymers. Hence, there is an increase in demand for the super absorbent polymers, which is positively contributing to the market growth. The acrylic acid-based products are used in the textile industry where they are used as fillers in the padded jackets. By geography, Asia Pacific is anticipated held largest market share due to rising derivatives consumption in surfactants, coatings, personal care products and adhesives. In addition, North America is expected to have considerable market share owing to increasing demand in end user industries and growing geriatric population in the U.S. and Canada. Some of the major industries operating in the acrylic acid market include BASF SE, Nippon Shokubai Co. Ltd., LG Chem Ltd., Mitsubishi Chemical Holdings Corporation, Sasol Limited, Arkema, Evonik Industries, The Dow Chemical Company, Hexion Inc., and PJSC Sibur Holding. Indian Acrylic Acid Market: Demand-Supply Gap Demand for acrylic acid is estimated to reach 260 Kilo Ton Per Annum (KTPA) by 2020. Indian acrylic acid market has a huge supply demand gap of 200 KTPA. At present, the market is entirely import dependent due to absence of local manufacturers. As a result, there is a huge potential for local manufacturers to set up manufacturing facilities within the country in order to meet the growing demand. Indian acrylic acid market is estimated to reach INR16.9 billion in 2020 from INR7.8 billion in 2012, growing at a Compounded Annual Growth Rate (CAGR) of 10.1%. Indian Source of Raw Material Propylene is the primary feedstock required for manufacturing acrylic acid. • Reliance • Indian Oil Corporation Ltd (IOCL) • HPCL-Mittal Energy Limited (HMEL) • Haldia Petrochem • Bharat Petroleum Corporation Ltd (BPCL) • Mangalore Refinery and Petrochem • GAIL • Hindustan Petroleum Corporation Ltd (HPCL) Tags #Acrylic_Acid_from_Propylene, #Acrylic_Acid_Production, #Acrylic_Acid, Process for Producing Acrylic Acid from Propylene, #Production_of_Acrylic_Acid_from_Propylene, Acrylic Acid Pdf, Acrylic Acid Preparation, Acrylic Acid Production And Manufacturing Process, Acrylic Acid Manufacture, Acrylic Acid Uses, Acrylic Acid Production Process, Process for Production of Acrylic Acid, Acrylic Acid Manufacturing Process, #Acrylic_Acid_Production_Business, Acrylic Acid Industry, Acrylic Acid Manufacturing Plant, #Manufacturing_of_Acrylic_Acid, Acrylic Acid Manufacture in India, Acrylic Acid Business, Production of Acrylic Acid in India, #Detailed_Project_Report_on_Acrylic_Acid_Production_Business, Project Report on Production of Acrylic Acid from Propylene, Pre-Investment Feasibility Study on Acrylic Acid Manufacturing Plant, Techno-Economic feasibility study on Acrylic Acid Manufacturing Plant, #Feasibility_report_on_Acrylic_Acid_Manufacturing_Plant, Free Project Profile on Production of Acrylic Acid from Propylene, #Project_profile_on_Acrylic_Acid_Production_Business, Download Free Project Profile on Acrylic Acid Manufacturing Plant, Highly Profitable Chemical Business Ideas, Small Scale Chemical Business Ideas & Opportunities, Chemical Business Opportunities, How to Start a Chemical Industry, Chemical Business Ideas for Aspiring Entrepreneurs, Industrial Chemical Manufacturing Business, Lucrative Chemical Business Ideas & Opportunities, Business Ideas for Chemical Industry, How to Start a Chemical Business? Chemical Industry, Starting a Chemical Business, Commercial Production of Chemicals, Chemical Industry Projects, Starting Your Own Chemical Business, Chemical Compound
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Maleic Anhydride Manufacturing Business

Maleic Anhydride Manufacturing Business. Commercial Production of Maleic Anhydride. Highly Profitable Chemical Business Ideas Maleic anhydride is an organic compound with the formula C2H2 (CO) 2O. It is the acid anhydride of maleic acid. Maleic anhydride is a colorless white solid which has a pungent odor. Maleic anhydride is produced by vapor-phase oxidation of n-butane and is biodegradable under aerobic conditions in sewage sludge as well as in soil and water. Maleic anhydride is a precursor to compounds, used for water treatment, detergents, insecticides and fungicides, pharmaceuticals, and other copolymers. It is also used in personal care products, and as artificial sweeteners and flavor enhancer in the food industry. Maleic anhydride is a colorless or white solid with an acrid odor. Maleic anhydride is a very versatile molecule that lends itself to many applications requiring a number of properties and functionalities. With three active sites (two carboxyl groups and one double bond), it is an excellent joining and cross linking agent. Its major end use, representing well over half of global demand, is in the manufacture of unsaturated polyester resins, where its cross-linking abilities are important. Maleic anhydride is used widely as there has been a change in the preference towards stronger and lighter fiberglass composite materials in construction, aerospace, automotive, and turbine industries. It is used in the production of gamma-butyrolactone, 1, 4-butanediol, and tetrahydrofuran. Maleic anhydride is used in the production of unsaturated polyester resin as well as in the manufacture of coatings, pharmaceutics, agricultural products, surfactants, and as an additive of plastics. A wide range of applications in lubricant, fuel oil, automotive, aerospace, turbine, and construction industries are driving the global market for Maleic Anhydride. Maleic Anhydride is the principal ingredient in unsaturated polyester resins which is used to make lighter, stronger and fiberglass, the most preferred product in various industries. Market Outlook The global maleic anhydride market size was valued at USD 2.77 billion in 2018 and is projected to expand at a CAGR of 6.7% from 2019 to 2025.Increasing demand for Unsaturated Polyester Resins (UPR) and 1,4-Butanediol (BDO) are expected to augment market growth over the forecast period. Increasing demand for maleic anhydride based unsaturated polyester from automobile and construction industries is a major factor expected to drive growth of the global maleic anhydride market over the forecast period. In addition, growing demand for maleic anhydride based 1, 4-butanediol from textile industry, is another factor expected to fuel growth of the target market during the forecast period. Rapid Industrialization and Growth in construction is driving the global Maleic Anhydride Market. The escalating growth in construction industry mainly in developing countries is expected to drive the growth of the unsaturated polyester resins. This, in turn, raises the demand for Maleic Anhydrides. This is mainly because of the use of unsaturated polyester resins in heat-resistant pipes and tanks in buildings and other structures. The increasing demand for automobiles due to rapid industrialization is also driving the global order. Asia-Pacific is leading the global Maleic Anhydride Market with a market share of approximately 40%, followed by North America. Rapid growth in building & construction and automotive industries which are the primary end users of the product and enormous growth opportunities for various sectors in this region are favoring it to lead the global market. Application-wise, the maleic anhydride market can be segmented into unsaturated polyester resin (UPR), copolymers, lubricant additives, alkenyl succinic anhydrides, malic acid, fumaric acid, and others. UPR segment, as of 2017, is dominating the market, whereas copolymers are expected to record the fastest growth rate during the forecast period. A key driver for the global maleic anhydride market is the increase in demand from developing countries. Strong contributions from developing economies such as India, China, Brazil, Mexico, and Indonesia have been contributing to the growth of the global maleic anhydride market. This has resulted in several maleic anhydride vendors shifting their manufacturing activities to these countries. In addition, factors such as easy availability of raw materials and land, low-cost labor, low transportation costs, and lenient government regulations and policies are augmenting market growth in the APAC region. Top Leading Companies are: Huntsman Corporation, Changzhou Yabang Chemical, Zibo Qixiang Tengda Chemical, Lanxess AG, Polynt Spa, Ashland Inc., Flint Hills Resources, Nippon Shokubai Co., Ltd, Mitsubishi Chemical Corporation, Bartek Ingredients Inc, China National Bluestar (Group) Co., Ltd., Thirumalai Chemicals Ltd., Other Manufacturers, Etc. Tags #Maleic_Anhydride, #Manufacture_of_Maleic_Anhydride, #Maleic_Anhydride_Manufacture, #Maleic_Anhydride_(MA)_Production_and_Manufacturing_Process, #Production_of_Maleic_Anhydride, #Commercial_Production_of_Maleic_Anhydride, Maleic Anhydride Production, #Maleic_Anhydride_Production_Process, Production Process of Maleic Anhydride, Maleic Anhydride Uses, Maleic Anhydride Manufacture, Maleic Anhydride Uses and Applications, Maleic Anhydride Manufacturing Process, #Manufacturing_Process_of_Maleic_Anhydride, Process For Preparing Maleic Anhydride, Process for Production of Maleic Anhydride, Maleic Anhydride Production Business, Maleic Anhydride Manufacturing Plant, Maleic Anhydride Process Flow Diagram, Maleic Anhydride Industry, Maleic Anhydride Manufacture in India, Maleic Anhydride Business, Start a Maleic Anhydride Manufacturing Business, Detailed Project Report on Maleic Anhydride Production, #Project_Report_on_Maleic_Anhydride_Production, Highly Profitable Chemical Business Ideas, Small Scale Chemical Business Ideas & Opportunities, Chemical Business Opportunities, How to Start a Chemical Industry, Chemical Business Ideas for Aspiring Entrepreneurs, Chemical Industry, Starting a Chemical Business, Commercial Production of Chemicals, Chemical Industry Projects, Starting Your Own Chemical Business, Chemical Compound, Industrial Chemical Manufacturing Business, Lucrative Chemical Business Ideas & Opportunities, Business Ideas for Chemical Industry, How to Start a Chemical Business? Pre-Investment Feasibility Study on Maleic Anhydride Production, Techno-Economic feasibility study on Maleic Anhydride Production, #Feasibility_report_on_Maleic_Anhydride_Production, Free Project Profile on Maleic Anhydride Production, Project profile on Maleic Anhydride Production, Download free project profile on Maleic Anhydride Production
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