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#Chloride Market
vijayananth · 2 months
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imirmarketresearch · 3 months
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pearlsmith25 · 4 months
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Polyvinyl Chloride (PVC) Market Disruption: Technological Advances and Industry Transformation
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Polyvinyl chloride (PVC) is a versatile thermoplastic polymer with high structural strength and chemical resistance properties. Its applications range from pipes, window profiles, cables, flooring to medical devices. PVC finds wide use in construction industry for applications such as pipes, doors & windows, flooring, and roofing owing to its cost-effectiveness, durability and UV resistance. The global Polyvinyl Chloride (PVC) Market is estimated to be valued at US$ 55.73 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Use in construction applications: PVC has emerged as the preferred material for construction applications such as pipes, doors & windows, flooring and roofing due to its excellent durability and lower weight compared to conventional materials such as metal, wood, and concrete. The growth in construction industry particularly in emerging economies is expected to boost the demand for PVC for construction applications during the forecast period from 2023 to 2030. Porter’s Analysis Threat of new entrants: Low capital requirements and availability of raw materials lowers the barriers for new companies. However, established players benefit from economies of scale and brand recognition. Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and differentiated products from different manufacturers. Bargaining power of suppliers: Supply of key raw materials like ethylene and chlorine is concentrated, increasing suppliers' bargaining power. Threat of new substitutes: Substitutes like polyethylene are increasing competition. However, established use and versatility of PVC provides some defense against substitution. Competitive rivalry: Intense competition exists among major players to increase market share through product innovation and expansion. SWOT Analysis Strength: High demand from construction and automotive industries. Variety of applications and good physical properties. Weakness: Environmental and health concerns regarding production and disposal. Recent price fluctuations in raw material costs. Opportunity: Emerging applications in pipes, films & sheets are expected to drive future growth. Threats: Stringent regulations associated with production and usage may hamper demand. Increased competition from substitute materials. Key Takeaways The global PVC market is expected to witness high growth during the forecast period. The global Polyvinyl Chloride (PVC) Market is estimated to be valued at US$ 55.73 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030.
Regional analysis: The Asia Pacific region is projected to be the fastest growing as well as the largest PVC market during the forecast period led by China, India & other ASEAN countries. Rising infrastructure development programs are driving the demand. Key players: Key players operating in the PVC market are Shin-Etsu Chemical Co., Formosa Plastics Group, Ineos Chlorvinyls Ltd, Solvay S.A., Westlake Chemical, and Occidental Petroleum Corporation.
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dbmr-blog-news · 4 months
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blueweave8 · 4 months
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Chlorinated Polyvinyl Chloride (CPVC) Market Analysis, Report 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Chlorinated Polyvinyl Chloride (CPVC) Market size at USD 1.53 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Global Chlorinated Polyvinyl Chloride Market size to grow at a CAGR of 11.37% reaching a value of USD 2.92 billion by 2029. Growing number of large construction projects and the increasingly high adoption of CPVC in a variety of applications, including pipe and fittings and power cable casing, are key growth drivers for the Global Chlorinated Polyvinyl Chloride (CPVC) Market. Furthermore, it is projected that the Global Chlorinated Polyvinyl Chloride (CPVC) Market will grow during the forecast period due to the substantial use of CPVC in fire sprinklers and strict safety requirements across countries.
Chlorinated Polyvinyl Chloride (CPVC) – Overview
Chlorinated polyvinyl chloride (CPVC) is produced by mixing PVC and chlorine using a fluidized bed chlorination method or a water slurry. It is a polymer with remarkable corrosion resistance and thermoplastic qualities. Chlorinated PVC also shows a fair degree of thermal stability. Therefore, it is used in a wide range of commercial and industrial applications because of its intrinsic chemical resistance as well as its resilience to temperature changes and pressure. Greater strength is provided by CPVC to support large wire loads. In addition to being used for electrical items, it also covers exposed wire in homes and workplaces.
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Global Chlorinated Polyvinyl Chloride (CPVC) Market – By Application
Based on application, the Global Chlorinated Polyvinyl Chloride (CPVC) Market is segmented into pipe & fittings, fire sprinkler systems, power cable casing, coatings and adhesives. The pipe and fittings segment accounts for the highest market share owing to the rising construction activities and increasing number of residential and commercial facilities. In addition to drain, waste, and venting pipes, CPVC plumbing is used in the home to supply hot and cold drinkable water, as well as in the synthesis and transport of chemicals, irrigation, and agricultural fertilizers.
Impact of Geopolitical Tensions across Regions on Global Chlorinated Polyvinyl Chloride (CPVC) Market
The raging war between Israel and Hamas, a Palestine-based militant and nationalist organization, sends shockwaves across various industries, particularly oil & gas, transcending geographic boundaries and affecting businesses globally. The conflict between Israel-Hamas has been a longstanding, deeply entrenched geopolitical issue. On October 07, 2023, Hamas, in a surprise and heavy attack, struck Israel with thousands of rockets and infiltrations killing more than 1,100 people. In response, the prime minister of Israel declared war against Hamas and anticipated that the war would be ‘long and difficult.’ The United States has sent its warships and aid to Israel and stated that its citizens were killed in the war. At the end of October 2023, it was estimated that more than 10,000 people during the war.
Also, the wars in the Middle East and Ukraine will affect industries across verticals and regions. Oil & gas is one of the adversely affected industries by the war. The Middle East, including Israel, is a vital hub for oil production and transportation. Any disturbance in the Middle East region instantly raises concerns about oil supply disruptions, leading to increased oil prices worldwide. For example, the World Bank anticipates that the crude oil prices would spike to a range of USD 140–157 a barrel in the long term, if the war continues to escalate and spreads to other regions. This spike in oil and energy costs will have a domino effect on multiple industries. As fossil fuel is the main raw material for CPVC, companies and end users in the Global Chlorinated Polyvinyl Chloride (CPVC) Market face the brunt of rising fuel prices. Volatile and higher fuel prices could increase the cost of CPVC, resulting in the declined demand for them affecting their sales and market growth.
Competitive Landscape
Major players operating in the Global Chlorinated Polyvinyl Chloride (CPVC) Market include Lubrizol Corporation, KEM ONE, Novista Group, Jiangsu Tianteng Chemical Industry, BASF SE, Sekisui Chemical, Hangzhou Electrochemical Group Co., Ltd., Kaneka Corporation, Navient Corporation, and Shandong Xiangsheng New Materials Technology.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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alicesara611 · 5 months
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Pharmaceutical Grade Sodium Chloride Market: A Regional Analysis By 2023 to 2030
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The global pharmaceutical grade sodium chloride market is set to experience substantial growth, with an estimated valuation of US$ 44.0 billion in 2023 and a projected Compound Annual Growth Rate (CAGR) of 4.4% from 2023 to 2030. Projections indicate that the market is expected to reach a staggering US$ 67.4 billion by the year 2030.
Sodium chloride, commonly known as table salt, is a versatile white crystalline substance with applications spanning various industries, including food, pharmaceuticals, and industrial chemicals. Of particular note is pharmaceutical grade sodium chloride, a meticulously purified form essential to pharmaceutical manufacturing. This specialized sodium chloride serves as a crucial component, functioning as a diluent, bulking agent, and electrolyte in the production of various pharmaceutical preparations.
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Absolute Market Research, a leading player in the pharmaceutical industry, is strategically positioned to harness the growth opportunities presented by the burgeoning pharmaceutical grade sodium chloride market. With a commitment to quality and innovation, Absolute Market Research is well-equipped to meet the escalating demand for high-purity sodium chloride in pharmaceutical manufacturing processes.
Key factors contributing to the market growth include the increasing prevalence of pharmaceutical manufacturing, rising demand for advanced healthcare products, and a growing focus on research and development within the pharmaceutical sector. As the global pharmaceutical industry continues to expand, Absolute Market Research anticipates a parallel increase in the demand for pharmaceutical grade sodium chloride.
Market Drivers:
The growth of the pharmaceutical grade sodium chloride market is being driven by several factors, including:
The increasing demand for sterile sodium chloride solutions in the pharmaceutical industry
The growing prevalence of chronic diseases, such as diabetes and hypertension, which require the use of saline solutions
The increasing adoption of minimally invasive surgical procedures, which require the use of saline solutions for irrigation and rinsing
The growing demand for sodium chloride in the production of pharmaceuticals, such as analgesics, antipyretics, and anti-inflammatory drugs
Key Takeaways:
The global pharmaceutical grade sodium chloride market is estimated to be valued at US$ 44.0 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2023 to 2030, to reach US$ 67.4 billion by 2030.
The increasing demand for pharmaceutical grade sodium chloride in various applications such as parenteral solutions, ophthalmic solutions, and irrigation solutions is driving the growth of the market.
The Asia Pacific region is expected to be the fastest-growing market for pharmaceutical grade sodium chloride, due to the increasing population and rising healthcare spending in the region.
Regional Outlook:
The Asia Pacific region is expected to be the largest market for pharmaceutical grade sodium chloride, accounting for a share of over 40.0% of the global market by 2030.
North America is expected to be the second largest market, followed by Europe.
The increasing demand for pharmaceutical grade sodium chloride in emerging economies is expected to drive the growth of the market in these regions.
Key Players:
Cargill
Merck & Co., Inc.
PPG Industries, Inc.
Shandong Tianli Salt Industry Co., Ltd.
Key Segmentation:
By Application:
Pharmaceutical Manufacturing
Dialysis Solution
Oral Rehydration Solution
Others
By Grade:
USP Grade
Ph. Eur. Grade
JP Grade
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Calcium Chloride Powder Anhydrous Market Research: Unraveling Market Drivers and Restraints
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The Calcium Chloride Powder Anhydrous Market is estimated to be valued at US$ 159.25 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:
Calcium chloride powder anhydrous is a salt that absorbs moisture from air. It is widely used as a de-icing agent for roads, sidewalks and airports runways. It lowers the freezing point of water and prevents ice formation at sub-zero temperatures. It also acts as a dust suppressant and is applied on dirt roads, construction sites and mines to compact the soil and reduce dust emissions. Market Key Trends:
One of the major trends in the calcium chloride powder anhydrous market is its rising usage for de-icing applications. Calcium chloride is highly effective for clearing snow and ice on roads and walkways. It dissolves snow and ice at much lower temperatures as compared to other de-icers. It also provides faster de-icing action. Moreover, it continues working even when the temperature drops below freezing point. Its de-icing properties make it a preferable option for highways, airports and cold storage facilities. The increasing demand from transportation sector for safer mobility during winters is expected to propel the demand for calcium chloride powder anhydrous over the forecast period.
Porter’s Analysis:
Threat of new entrants: Low barrier for new entrants as raw materials and production technology are easily available. However, established players enjoy economies of scale.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and fragmented nature of buyers from various end-use industries.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power as raw materials such as salt are commodities and widely available.
Threat of new substitutes: Threat of new substitutes is moderate as calcium chloride finds broad end-use applications. However, substitutes like calcium nitrate are used in niche applications.
Competitive rivalry: Intense competition among existing players to gain market share.
SWOT Analysis:
Strengths: Wide end-use applications leading to stable demand. Easy availability of raw materials.
Weaknesses: Fluctuating raw material prices impact margins. Dependence on weather conditions for sale.
Opportunities: Growing construction activity in emerging economies. New applications in dust control and de-icing.
Threats: Stringent environmental regulations. Threat from substitute products in certain applications.
Key Takeaways:
The global Calcium Chloride Powder Anhydrous market is expected to witness high growth, exhibiting CAGR of 4.7% over the forecast period, due to increasing construction activities worldwide. The growth of the construction industry is augmenting the demand for calcium chloride powder anhydrous as it is used as an accelerator in cement and concrete production. Regionally, Asia Pacific dominates the global calcium chloride powder anhydrous market and is expected to maintain its lead over the forecast period. China, India, and Japan are major consumers as well as producers of calcium chloride powder anhydrous in the region. Increased government spending on infrastructure development is driving the growth of the construction industry in the region. Key players operating in the calcium chloride powder anhydrous market are TETRA Technologies inc., Occidental Petroleum Corporation, Zirax LLC., HaloPolymer Trading Inc., Nedmag B.V., Shandong Haihua Group Co. Ltd., Tangshan Sanyou Zhida Calcium Industry Co. Ltd., Juhua Group Corporation, American Elements Corp,. and Shouguang Jinlei Chemical Co. Ltd. The market is moderately consolidated in nature.
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kunalp1234 · 6 months
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tony-2002 · 6 months
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envil22100 · 6 months
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Vinyl Chloride Monomer (VCM) Market - Industry Trends and Forecast
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mi-researchreports · 7 months
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Polyvinyl Chloride (PVC) Market is poised to grow at a CAGR of 4% by 2028. Increasing Application in the Healthcare and Medical Devices Industries is fueling Polyvinyl Chloride (PVC) Industry.
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pearlsmith25 · 4 months
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Polyvinyl Chloride (PVC) Market Resilience: Adapting to Changing Economic and Regulatory Landscape
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Polyvinyl chloride, commonly abbreviated as PVC, is a thermoplastic polymer derived from petrochemicals. It has a variety of applications due to its high strength, durability, versatility and ease of installation. PVC is used to make plumbing pipes and fittings, flooring, roofing, surface coatings, window frames, siding, wire & cable insulation, and medical devices among others. It is highly corrosion-resistant, cost-effective and requires low maintenance. PVC pipes do not rust, rot or corrode which make them preferable over metal pipes in many applications. The global Polyvinyl Chloride (PVC) Market is estimated to be valued at US$ 55.73 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:
Wide Range of Applications The wide range of applications of PVC due to its versatility has led to increasing demand over the years. It is used in construction, wire & cable insulation, medical devices, automotive and other sectors. PVC pipes are commonly used for sewage, drainage and water supply systems due to their high strength, durability and corrosion resistance. The growth of the construction industry especially in emerging economies has augmented the demand for PVC pipes, fittings, flooring, window frames and sidings which has created lucrative opportunities for players in the PVC market. Porter's Analysis Threat of new entrants: Low as PVC requires high capital investments in manufacturing facilities and supply chain. Bargaining power of buyers: Moderate as PVC has many substitute products. Bargaining power of suppliers: Moderate as raw materials for PVC like chlorine gas and ethylene have many global suppliers. Threat of new substitutes: Moderate as alternate materials like Polyolefins poses threat. Competitive rivalry: High as industry has many global players competing on price and quality. SWOT Analysis Strengths: Wide applications, low cost, durability. Weaknesses: Environmental concerns during production and disposal. Opportunities: Growth in construction and automotive industries. Threats: Stringent regulations, substitute products. Key Takeaways The global PVC market is expected to witness high growth during the forecast period of 2023-2030. The Asia Pacific region dominated the global market in 2023 with a share of over 50% attributed to high demand from construction and automotive industries in China, India. Key regional markets include China, India, United States, Germany and Japan. Key players operating in the PVC market are ChemChina, Formosa Plastics Corporation, Ineos, Inner Mongolia Junzheng Energy & Chemical Group, Kem One, LG Chem, Occidental Petroleum Corporation, Orbia, SABIC, Shaanxi Coal and Chemical Industry Group Co. Ltd, Shin-Etsu Chemical Co. Ltd, Xinjiang Tianye (Group) Co. Ltd, Westlake Chemical Corporation, and Xinjiang Zhongtai Chemicals. The industry is dominated by few global players focusing on expanding production capacities, backward integration and new product development.
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futuretonext · 7 months
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The Saudi Arabia Polyvinyl Chloride (PVC) Market is projected to grow at a CAGR of around 4.5% during the forecast period, i.e., 2023-28. The market growth has been attributed to various factors like rapid urbanization & construction of residential & non-residential infrastructures contributed by the surge in the expatriate population of the country. The expansion in the construction industry has led to a surge in demand for building materials like pipes & fittings, wire & cables, and other materials which require PVC for manufacturing.
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pravalika · 7 months
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Sodium Reduction Ingredients Market - Forecast (2023 - 2028)
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