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#Formic Acid Prices In India
indianpetrochem2 · 4 months
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Formic Acid Prices In India
Formic acid prices in Mumbai have moved according to recent reports from Indian Petrochem sources. There has been an upswing in the prices due to limited product availability, which is expected to continue and push prices higher soon. Formic acid, which stood at Rs.64 per kg on November 20, has seen a steady climb. As of Mumbai's updated domestic intact price has reached Rs.58 per kg, reflecting a Re.1 increase from the earlier price.
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endrusmithreal · 5 months
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Navigating the Formic Acid Market: Price Trends and Insights
Formic Acid (HCOOH) is a chemical compound comprising a carboxylic acid group attached to its base atom. It is also known as methanoic acid, which is the simplest acid that occurs naturally and is commonly found in ant stings or the venom of bees.
The boiling and melting point of methanoic acid measures around 100.8° C and 8.6° C, respectively. It is a fluid with a pungent odor and is soluble in water, ethyl alcohol, and benzene. It is also slightly corrosive in nature and is an organic synthetic reagent that is efficiently used as an intermediate in several chemical synthesis processes.
Request for Real-Time Formic Acid Prices: https://procurementresource.com/resource-center/formic-acid-price-trends/pricerequest
The key importing countries that import Formic Acid are India, the Netherlands, and Brazil. On the other hand, the key exporting countries for the same are Germany, Belgium, and China.
Key Details About the Formic Acid Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Formic Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Formic Acid Price Trends, including India Formic Acid price, USA formic acid prices, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Formic Acid Price Trends:
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Formic Acid, which is also known as methanoic acid, acts as a crucial intermediate in several chemical synthesis processes. It is primarily used as an antibacterial and preservative agent for producing livestock feeds. Due to its antibacterial properties, it is sprayed over fresh hays or silage, which helps the feed retain its nutritional values for longer.
Moreover, the pharmaceutical industry uses Formic Acid as foaming paste, local stimulation drugs, and astringent. It is also used as a raw material in manufacturing chemicals like camphor, caffeine, analgin, aminophylline, toluene imidazole drugs, vitamin B1, carbamazepine, and aminopyrin drugs. In the leather industry, Formic Acid is used as a leather depilation, ash removal, and soft and expansion agent, which is used in disinfection and dyeing.
Formic Acid is used in various applications, where it is used as a raw material in textile, chemical, pharmaceutical, medical, agricultural, electroplating, and leather industries.
Key Players:
BASF SE
Feicheng Acid Chemicals Co. Ltd
Taminco Corporation
Perstorp AB
News & Recent Development
Date: May 12, 2023- A study conducted by Tobias Erb, resulted in the development of an artificial metabolic pathway to produce formaldehyde, which is an intermediary product for artificial photosynthesis, using Formic Acid.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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prajwalseo · 8 months
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Formic Acid Vacuum Soldering System Market Likely to Enjoy Remarkable
New Jersey, United States – The Formic Acid Vacuum Soldering System Market is the title of another report delivered by IBI. The paper goes through significant development techniques, drivers, potential open doors, key fragments, Porter’s Five Forces examination, and the cutthroat scene exhaustively. This exploration can assist with promoting players, and financial backers; VPs, partners, and new participants get a superior comprehension of the business and figure out what moves to make to acquire an upper hand.
The Worldwide Formic Acid Vacuum Soldering System market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a healthy CAGR during the review period. It also shows the importance of the Formic Acid Vacuum Soldering System market main players in the sector, including their business overviews, financial summaries, and SWOT assessments.
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The Major Players Covered in this Report: Oglaend (Hilti), Eaton, Indiana, Atkore, Korvest, Treadwell, Niedax, Thomas & Betts (ABB), Unitech, Schneider Electric, Indiana, Real Safety, MP Husky, Omkar Composites Pvt ltd, Sharda Cable Trays Pvt. Ltd., Ferrotech Structurals, Fiber Tech Composite Private Limited, Fibex, EPP Composites, ERCON Composites, Hebei Longxin, Jiansu Huapeng, Hebei Chuangye, Zhenjiang Shenlong, King Sitong
This study also covers company profiling, specifications and product picture, sales, market share, and contact information of various regional, international, and local vendors of Global Formic Acid Vacuum Soldering System Market. The market proposition is frequently developing ahead with the rise in scientific innovation and M&A activities in the industry. Additionally, many local and regional vendors are offering specific application products for varied end-users. The new merchant applicants in the market are finding it hard to compete with international vendors based on reliability, quality, and modernism in technology.
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The segments and sub-section of Formic Acid Vacuum Soldering System market is shown below:
The Study is segmented by the following Product/Service Type:
Non-Metallic Cable Trays and Ladders
Non-Metallic Cable Conduits
Non-Metallic Cable Trunking
Non-Metallic Cable Connectors and Glands
Non-Metallic Cable Raceway
Non-Metallic Cable Junction Box
Other Types
Major applications/end-users industry are as follows:
IT and Telecom
Manufacturing
Energy & Utility
Oil and Gas
Mining
Other
Regional Analysis for Global Formic Acid Vacuum Soldering System Market:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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ameymeti2001 · 1 year
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Organic Acids Market Worth USD 20,232.6 Million By 2022
The global organic acids market is expected to reach USD 20,232.6 million by 2022, at a CAGR of 7.1% during the forecast period of 2017 to 2022, according to this latest publication from Meticulous Research®. The organic acids market is mainly driven by the growing use of organic acids in the wide range of applications, increasing focus on producing bio-based organic acids, growing use of dietary microencapsulated organic acids, and increasing demand from developing economies. Further, increasing production of organic acid from renewable sources provides significant opportunities in this market. However, fluctuating raw material prices & availability, and the high price of organic acids are expected to hinder the growth of organic acids market to some extent.
Market Segmentation
The global organic acids market is mainly segmented by type (acetic acid, citric acid, propionic acid, formic acid, lactic acid, ascorbic acid, fumaric acid, malic acid and others), by application (industrial and chemicals, food & beverages, animal feed & nutrition, pharmaceuticals, cosmetics and personal care, and agriculture).
Acetic acid dominates the global organic acids market and is expected to continue its dominance in the next five years. Acetic acid is widely used in various applications such as the production of synthetic fibers and polymeric materials. Also, owing to their properties such as pH controller, antioxidant, and preservative; the demand for organic acids has been increasing significantly in the food and beverage and animal products.
Geographic Overview
Geographically, the global organic acids market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. Asia Pacific region accounted for the major share in the global organic acids market in 2016, followed by North America, and Europe. The region is also projected to grow at the fastest CAGR during the forecast period. The major share and fast growth of this region are mainly attributed to its growing economy, rapid industrialization, rural migration & urbanization, growing food and beverages, pharmaceutical, and animal feed industries; and increasing investments by the key players in the region.
Scope of Organic Acids Market Report:
Organic Acids Market by Product type:
Acetic acid
Citric acid
Propionic acid
Formic acid
Lactic acid
Ascorbic acid
Fumaric acid
Malic acid
Others
Organic Acids Market by Application:
Industrial & chemicals
Food & Beverages
Animal feed & nutrition
Pharmaceuticals
Cosmetics & personal care
Agriculture
Organic Acids Market by Geography:
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
Rest of World
Middle-East & Africa
Latin America
Brazil
Argentina
Chile
Rest of Latin America
Download  Sample Report-https://www.meticulousresearch.com/product/organic-acids-market-3055https://www.meticulousresearch.com/product/adhesives-market-3031https://www.meticulousresearch.com/product/molecular-cytogenetics-market-3067https://www.meticulousresearch.com/product/plasma-fractionation-market-5117?utm_source=PR&utm_medium=BLOG&utm_campaign=Product&utm_content=23-11-2022
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indianpetrochem1 · 3 years
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A strong demand has pushed formic acid prices higher at Kandla port. On July 30,  2021, prices in Kandla for imported tanker load went up from Rs.58/Kg to Rs.60/Kg, an increase of Rs.2/Kg.
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alexking123us · 3 years
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Organic Acids Market Trends, Share, Size, Top Key Players Analysis and Forecast Research
Facto Market Insights as of late distributed statistical surveying report on the worldwide Organic Acids market (2021-2028) market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.
Free Sample Report + All Related Graphs & Charts @ https://www.factomarketinsights.com/sample/582                                                                                                              
The report covers PESTLE examination and watchman's five powers investigation which exhibits the five powers including purchasers bartering power, providers haggling power, the danger of new participants, the danger of substitutes, and level of rivalry in the worldwide organic acids market. In the investigation, the system of watchman's five powers examination clarifies the technique for breaking down the opposition of the business covering the business structure and the degree of rivalry in the market. Along with this, the exploration report additionally covers current realities and figures identified with the macroeconomic patterns that are expected to affect the development of the general market.
Following are the Main Features of Global Organic Acids Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Market Segments by Geographies and Countries
- Porter’s Five Forces Analysis & Trade Analysis
- Market Segment Trend and Forecast
- Market Forecast Analysis for 2020-2028
- Key Market Driving Factors
- Market Analysis and Recommendations
- Price Analysis
- Organic Acids Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Market Segmentation:
The exploration offers an extensive investigation of worldwide organic acids market concerning following sub-markets:
Organic Acids Market, by Product Type:
Acetic Acid
Formic Acid
Lactic Acid
Citric Acid
Propionic Acid
Ascorbic Acid
Gluconic Acid
Fumaric Acid
Other
Organic Acids Market, by Application Type:
Bakery and Confectionery
Dairy
Beverages
Poultry, Meat and Seafood
Livestock Feed
Companion Animal
Pharmaceuticals
Industrial
Other
Obtain Report Details @ https://www.factomarketinsights.com/report/582/organic-acids-market                                                
Regional Insights:
The report investigations the market by geologies for example North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Competitive Landscape
The report includes profiles of leading companies in the global organic acids market. Some of the key players profiled include:
Archer Daniels Midland Company
BASF SE
BioAmber Inc
Cargill
Celanese Corporation
Corbion NV
DowDuPont
Eastman Chemical Company
Elekeiroz SA
Fuso Chemical
Genomatica
Henan Jindan Lactic Acid Technology
Koninklijke DSM
LUXI group
Myriant Corporation
NatureWorks LLC
Polynt-Reichhold
Dow Chemicals
Tate & Lyle
Reasons to purchase the report:
- Identify possible investment areas based on a comprehensive trend analysis of the global Organic Acids Market over the next few years.
- Gain in-depth knowledge of the underlying factors that drive demand for organic acids and recognize the opportunities provided by them.
- Identify the major channels that drive the demand for organic acids, offering a strong image of potential prospects that can be tapped, resulting in growth in revenue.
- Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
- Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global organic acids market.
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fmcgresearchblog · 2 years
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Feed Acidulants Market Projected to Witness a Double-Digit CAGR During 2022-2028
The global Feed Acidulants Market size is expected to reach USD 4.5 billion by 2028 and register a CAGR of 5.5% over the forecast period, according to the latest report by Reports and Data. Increasing awareness about the importance of healthy livestock, benefits of feed acidulants, and government initiatives to promote growth of the feed sector are some key factors driving market revenue growth to a significant extent currently.  
Feed acidulants are organic or inorganic substances usually added to animal feed to enhance the quality by minimizing presence of harmful bacteria and to help in improving overall health and performance of animals. These products also help in increasing shelf life, flavor, and to balance the pH levels of animal feed.
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Increasing focus on animal health and gradual inclination towards natural growth promoters are other key factors fueling market growth. In addition, factors such as increasing consumption of animal-based products and rising demand for high-quality meat are contributing to market growth.
However, some factors expected to hamper growth of feed acidulants market during the forecast period are soaring prices of feed acidulants and availability of better, and more cost-effective substitutes.
Download Report Sample Copy: https://www.reportsanddata.com/sample-enquiry-form/3969
Some key highlights from the report:
On the basis of type, the formic acid segment revenue is expected to account for largest share as compared to other type segments during the forecast period. High demand for formic acid is attributed to easy mixing and ability to enhance the feed efficacy.
Based on the form, the dry form segment is projected to account for robust revenue growth throughout the forecast period owing to favorable properties such as easy storage, longer shelf life, and cost-effectiveness.
In context to function, the pH control segment is expected to register a significant CAGR between 2021 and 2028 attributing to growing awareness for maintaining animal diet.
On the basis of animal type, the poultry segment accounted for largest revenue share in 2020 and is projected to maintain its leading position over the forecast period owing to high consumption rate of poultry and poultry products across the world and growing demand for high-quality poultry meat.
Asia Pacific market revenue is expected to expand at a CAGR of 4.5% during the forecast period. High revenue growth is attributed to factors such as advancements in feed industry and rising consumption of meat and dairy products in India, China, Japan, and Thailand.
BASF SE (Germany), Yara International ASA (Norway), Kemin Industries Inc. (US), Kemira OYJ (Finland), and Biomin Holding GmbH (Austria). Impextraco NV (Belgium), Pancosma (Switzerland), Nutrex NV (Belgium), Perstorp Holding Ab (Sweden), Novus International (US), Jefo Nutrition Inc. (Canada), Anpario plc (UK), Corbion Purac (Netherlands), ADDCON Group (Germany), and Peterlabs holding (Malaysia) are some major players in the global feed acidulants market.
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Based On Type (Volume, Kilotons; Revenue, USD Billion, 2018 - 2028)
Propionic Acid
Formic Acid
Citric Acid
Lactic Acid
Sorbic Acid
Malic Acid
Acetic Acid
Others
Fumaric Acid
Tartaric Acid
Butyric Acid
Benzoic Acid
Based on Animal Type (Volume, Kilotons; Revenue, USD Billion, 2018 - 2028)
Poultry
Ruminants
Swine
Aquaculture
Pets
Equine
Based On Compound (Volume, Kilotons; Revenue, USD Billion, 2018 - 2028)
Blended
Single
Based on Form (Volume, Kilotons; Revenue, USD Billion, 2018 - 2028)
Dry
Liquid
Based On Function: (Volume, Kilotons; Revenue, USD Billion, 2018 - 2028)
pH control
Feed efficiency
Flavor
Based On Region: (Volume, Kilotons; Revenue, USD Billion, 2018 - 2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Key questions answered by the report
Who are the key market players in the global feed acidulants market?
What CAGR is the global market expected to register throughout the forecast period?
Which region is expected to dominate other regional markets in the global feed acidulants market?
Based on animal type, which segment is to register the fastest revenue growth between 2021 & 2028?
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industry365 · 2 years
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Feed Acidifiers Market Is Expected To Reach New Growth Revenues During 2021-2028
The global feed acidifiers market is expected to reach more than USD 2.03 billion by 2026 with a CAGR of 4.5% during the forecast period as per a new study released by Polaris Market Research. The report “Feed Acidifiers Market By Product Type (Fumaric Acid, Formic Acid, Lactic Acid, Propionic Acid and Others) By Livestock (Swine, Poultry, Aquatics, Cattle & Others) By Regions & Segments Forecast, 2017 – 2026”. provides an extensive analysis of present market dynamics and predicted future trends.
The stringent restrictions on antibiotic as usage on growth promoters and increase in demand for quality animal feed are the main drivers to drive the growth for feed acidifiers.
The feed acidifiers such as various types of organic acids, essential oils can be used as a single product or it can also be used with two or more acidifiers to achieve quality result. Acidifiers can be defined as specified microorganism that improves the balance of pathogenic providing quality bacteria in the gut. These acidifiers are meant to be non-digestible oligosaccharides that serves as subtract for antibiotics and helps to compete with pathogens, which regulates the adhesion of gut cell. There is direct acting gut that modulates the microflora through growth inhibition.  There are many other product categories that has specific functionality. These categories prove to be an important component in animal feed. Specific acidifiers such as organic acids are widely used for weaning piglets. They are used at a time of transition from sucking milk to consuming solid food. They also help in improving the digestion of feed ingredients to avoid the bacterial growth. It is also used in food industry in the form of benzoic acid as preservatives. The usage in food industry has also added in the increase in the demand for acidifiers market.
Acidifiers that are based to feed certain non-digestible oligosaccharides helps to manipulates or control microbial composition. They help in maintaining a beneficial microflora that are one of the vital feed components. The primary function of the products is: control of the intestinal microflora, helps to reduce several pathogens and promotion of other beneficial microorganisms. These benefits of acidifiers are expected to be the major factors driving the market.
Download sample: https://www.polarismarketresearch.com/industry-analysis/feed-acidifiers-market/request-for-sample
Due to increase in the feed processors, Asia Pacific is predicted to be fastest market for feed acidifiers. The growing importance of meat processors and major shift in the demand for organic food products has been identified as important factors responsible for the regional growth
The major feed acidifiers companies are: Nutrex NV, Pancosma SA, Impextraco NV, Biomin Holding GmbH, Perstorp Holding AB, Novus International, Inc, Kemira OYJ, Kemin Industries, Inc., Yara International ASA, BASF SE, Cargil, Koninklijke DSM N.V, Novus International, Inc, Kemin Industries, Addcon, Beneo Group, Lallemand, Inc., Chr. Hansen Holding A/S
Get Discount offer: https://www.polarismarketresearch.com/industry-analysis/feed-acidifiers-market/request-for-discount-pricing
Polaris Market Research has segmented the global feed acidifiers market on the basis of product type, livestock type, and region:
Feed Acidifiers Product Type Outlook (Market Revenue in USD Billion, 2015 – 2026)
Fumaric Acid
Formic Acid
Lactic Acid
Propionic Acid
Others
Feed Acidifiers Livestock Type Outlook (Market Revenue in USD Billion, 2015 – 2026)
Swine
Poultry
Aquatics
Cattle
Others
Feed Acidifiers Regional Outlook (Market Revenue in USD Billion, 2015 – 2026)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
U.S.
Canada
Germany
UK
France
Italy
China
India
Japan
Australia
Brazil
Mexico
UAE
Saudi Arabia
Buy Now: https://www.polarismarketresearch.com/checkouts/1001
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piyushpharma · 3 years
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Piyush Pharma - Top Pharma DMSO and DMF Bulk Supplier in India
The demand for chemical bulk suppliers is high all over the world and the same goes for India. There are many suppliers of chemicals in every state. However, the ones who supply all over India are limited. Many pharma suppliers only provide their services in one or two particular states. Also, not every company provides online services.
Piyush Pharamchem Pvt. Ltd. is known as the top pharma DMSO and DMF bulk supplier in India. What do you think are the reasons behind this? The answer is simple. They supply all over India and they provide online as well as offline services. However, there are several other reasons why they are recommended as the most reliable chemical solvents supplier. For instance, their products are of high quality and their delivery services are great too.
Given below are the details about this top supplier.
What Products do They Supply?
They supply many types of pharma products. They provide various types of solvents, acids, acetates, amines, dichromates, chlorides, carbonates, sulphites, sulphates, and specialty chemicals. They also offer many other products that do not come under these specific categories. For instance, you can order Aniline Oil, Bleaching Powder, Caustic Soda (Flakes/Lye), Caustic Potash Flakes, and E.D.T.A.
You can also place an order for many other pharma products such as Hydrated Lime Powder 90%, Hyflow supercell, and Melamine. There is no need to go to any other supplier if you are buying from Piyush Pharamchem Pvt. Ltd. You can get most of the pharma items from them. They also provide Soda Ash, Pthalimide, Potassium Pthalimide, Phthalic Anhydride, Polyvinly Alcohol, Potassium Citrate, Potassium Permanganate, and Potassium Silicate.
Many B2B companies only buy from Piyush Pharmachem as they also keep minimally needed pharma products in their stocks too. For example, you can expect Silica Flour/Sand, Sodium Meta Silicate, Sodium Hypo Chlorite to be in their stocks all the time. Plus, they have Sodium Benzoate, Sodium Silicate, Sodium Thio Sulphate, Thiourea, T.G.Urea, and Mono Chloro Benzene (MCB) all the time.
This much variety of pharmaceutical products is probably what makes them one of the best chemical suppliers in India. Most of their clients agree that they have not looked for any other supplier for a long time. This is because once they started purchasing from Piyush Pharamchem Pvt. Ltd., all their requirements were fulfilled. So, if you plan to buy pharma products for the long term, buying from them can be a great option for you.
Which Solvents do They Have in Their Stocks?
They are known as top DMSO (Di Methyl Sulphoxide) and DMF (Di Methyl Formamide) bulk suppliers. So, they have plenty of these in their stocks. You can buy these items from Piyush Pharamchem Pvt. Ltd. in the most excellent quality possible. You can also purchase DMAC (Di Methyl Acetamide) and EDC (Ethylene Di Chloride) in combination with these items.
They provide solvents that have mild as well as strong properties. You can easily get Acetone, Cyclohexanone, Cyclohexane, Chloroform, DEG, Formaldehyde, Hydrazine Hydrate, Hydrogen Peroxide, and Para Formaldehyde from their website. They are known to offer most types of pharma chemical solvents among Indian suppliers.
The accurate composition of I.P.A (Iso Propyl Alcohol), Methanol, M.I.B.K, and M.D.C. (Methylene Di Chloride) is also provided. Also, they provide MEG (Mono Ethyl Glycol), N-Butanol, N – Heptane, Propylene Glycol, Toluene, Phenol, and THF (Tetra Hydro Furan) in bulk.
Which Acids, Acetates, Amines, and Dichromates Do They Provide?
When it comes to acids, Piyush Pharamchem has most of the acids essentially needed by B2B companies. They have Acetic Acid, Acid Citric, Acid Formic, Acid Hydrochloric, and Acid Phosphoric filled in their stocks.
They provide acetates such as Ethyl Acetate and Sodium Acetate. For Amines, they always have Diethanolamine, Mono-Ethanolamine, and Triethanolamine to sell. They also provide Dichromates such as Potassium Dirchromate and Sodium Dichromate.
Which Chlorides, Carbonates, Sulphites, and Sulphates Do They Provide?
You can purchase various kinds of chlorides from Piyush Pharmachem. For instance, Ammonium Chloride, Calcium Chloride, Ferric Chloride, Magnesium Chloride, Potassium Chloride, and Sodium Chloride. They also supply carbonates such as Calcium Carbonate, Potassium Carbonate, and Sodium Bi – Carbonate.
When it comes to sulphites and sulphates, they have many types available of them as well. For example, Sodium Bi-Sulphite, Sodium Meta Bi-Sulphite, Sodium Sulphite, Sodium Hydro Sulphite, and Sodium Sulphate.
Do They Supply Speciality Chemicals?
Yes, they do. You can get various kinds of specialty chemicals from them. For instance, 1,2,4 Triazole, Raney Nickel Catalyst, Phosphorus Oxychloride, Phosphorus Pentoxide, Poly Phosphoric Acid, TEOF (Tri Ethyl Ortho Formate), and Propionaldehyde.
What Prices do They Offer?
They are famous for their competitive prices in the pharmaceutical industry. This is because they provide the most reasonable rates in the market. Also, they offer several types of discounts if you buy bulk chemicals for pharma. You can call or drop an email to enquire about their products and ask for quotations at any time.
How Experienced are They in the Pharmaceutical Industry?
Piyush Pharamachem Pvt. Ltd. was established almost three decades ago. They have been working efficiently for the supply of the best quality chemicals for many years. However, they always try and add new technologies to their management system. With so much experience, expertise follows itself.
They have a team of qualified professionals who do their best to provide excellent services to the clients. Due to so much professionalism in the work, they are renowned as one of the most efficient chemical suppliers in Hyderabad.
How are Their Delivery Services?
They have a great delivery system. First of all, they keep their stocks filled with all the essential products at all times. Therefore, they do not have to wait for the items to first arrive to them before sending them to the customer. They can immediately ship the products after an order is placed.
They make sure to provide the chemicals in the most accurate condition possible. Before shipment, the materials are stored in appropriate conditions. Also, it is made sure that the particular composition of the chemicals does not change. Most of their clients are satisfied with their delivery services.
What do Their Clients Say About Them?
They have supplied pharma products to many B2B pharmaceutical companies to date. They are known to provide chemical solvents at the best price in India. This is why a lot of professionals in the pharmaceutical industry recommend buying from them. However, they do not compromise with the quality of their products too.
On contrary, they ensure that their products are of high quality. Even the packaging of the products is great. This is another reason why their clients are happy with their products and services.
The Bottom Line
Piyush Pharamachem Pvt. Ltd. is an excellent chemical solvent supplier. They also provide many pharma products other than solvents. They ensure the provision of the best quality items and at reasonable rates. In fact, they offer the most competitive prices in the market. Their team of professional staff and workers make sure to ship the products with accurate composition.
They provide online services too. You can visit their website to look through their products and place an order. From chemical solvents to specialty chemicals, you will most likely get all the pharma items you require on their site.
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Potassium formate market to reach a value of ~ us$ 920 MN by 2027: TRANSPARENCY MARKET RESEARCH
Potassium Formate Market: Key Highlights
The global potassium formate market was valued at ~ US$ 615 Mn in 2018, and is anticipated to expand at a CAGR of ~ 5% from 2019 to 2027. The need for effective and environment-friendly de-icing solutions in the aerospace industry is expected to propel the potassium formate market during the forecast period.
The low environmental impact of potassium formate makes it a cost-effective sustainable solution as compared to other materials. Potassium formate has low chemical oxygen demand (COD) and biological oxygen demand (BOD). Therefore, it is bio-degradable.
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Key Drivers of the Potassium Formate Market
De-icing of airport runways is necessary for safety purposes. Chemical de-icing is often used on airport runways to expedite the melting of snow. De-icing involves the use of inorganic salts, which have lower melting point than ice. Inorganic salts used in are the form of brine solutions in de-icing applications. They are effective in the short run; however, they have detrimental effects on construction materials.
Potassium formate-based de-icers are more biodegradable than inorganic salts and organic counterparts such as acetate salts and urea. They are effective and environment-friendly. This is anticipated to boost the demand for potassium formate in the aerospace industry during the forecast period.
Newly Discovered and Potential Oil & Gas Reserves Likely to Offer Opportunities
Increase in the demand for oil & gas in developing economies such as China, India, and Brazil is a major factor boosting the rate of drilling activities. A large numbers of petroleum companies are continuously exploring new oil & gas reserves.
The number of new oil & gas discoveries has increased in countries in Africa over the last few years. Large untapped reserves in Africa are garnering the interest of some of the major global exploration and production companies.
These new oil & gas discoveries are likely to eventually require drilling and completion fluids. Therefore, newly discovered and potential oil & gas reserves are estimated to create lucrative opportunities for the potassium formate market during the forecast period.
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Rise in Price of Potassium Formate
Potassium formate is primarily produced in the liquid form, and its handling and transportation is difficult. Thus, the prices of liquid potassium formate are higher. This makes it less competitive than its substitutes in various applications, especially as a de-icing agent. In turn, this is expected to restrain the global potassium formate market during the forecast period.
Europe a Prominent Potassium Formate Market
In terms of value, Europe accounted for a prominent share of the global potassium formate market in 2018. This can be ascribed to the strong demand for potassium formate in the oil & gas industry and as a de-icing agent.
North America and Asia Pacific are the other prominent consumers of potassium formate. Potassium formate is increasingly utilized for de-icing in North America. BASF SE operates a formic acid production plant in the U.S. The company sells formic acid to runway de-icing producers for the production of potassium formate in North America.
Rise in oil & gas exploration activities in the region is likely to boost the demand for potassium formate in Asia Pacific during the forecast period.
The Middle East & Africa is anticipated to be a highly attractive region of the potassium formate market during the forecast period. Rise in the usage of potassium formate in fertilizers is expected to drive the market in the Middle East & Africa during the forecast period.
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Top Three Players Accounted for Prominent Market Share in 2018
Key players operating in the global potassium formate market include Perstorp Holdings, ADDCON, BASF SE, ESSECO UK Limited, Chongqing Chuandong Chemical (Group)Co., Ltd, Kemira Oyj, Cabot Corporation, and NACHURS ALPINE SOLUTIONS Industrial (NASi). The global reach of these companies and their focus on a wide range of end-user industries are responsible for the large share held by them.
In November 2018, Perstorp Holdings completed the divestment of its BioProduct business to streamline its portfolio. The BioProduct business was concentrated in Sweden and Norway. The sale was in line with the company’s strategy to focus on global high growth areas in the specialty chemicals industry.
ADDCON manufactures potassium formate primarily for usage in de-icing. It is also used as a secondary refrigerant and in drilling fluids. ADDCON markets its potassium formate product for the oil & gas industry under the brand name PETROFORM.
Cabot Corporation offers brine solutions and powders of cesium formate and potassium formate that are used as drilling fluids in the oil & gas industry. The company also produces blends of these brine solutions.
Global Potassium Formate Market: Research Scope
Potassium Formate Market by Form
Solid
Liquid
Potassium Formate Market by Application
Oil & Gas
De-icing
Heat Transfer Fluids
Others (including Food Additives, Agriculture, and Flame Retardants)
Potassium Formate Market by Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
U.S.
Canada
Germany
France
U.K.
Italy
Spain
Russia & CIS
Rest of Europe
China
Japan
India
ASEAN
Rest of Asia Pacific
Brazil
Mexico
Rest of Latin America
GCC
South Africa
Rest of Middle East & Africa
Companies in the Potassium Formate market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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indianpetrochem2 · 3 months
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Formic Acid Prices In India
The formic acid market has encountered fluctuations over the past few weeks, with notable changes observed in its pricing within the Mumbai market. Industry experts attribute these price adjustments to various factors, prominently influenced by supply chain dynamics and broader market forces. Despite the recent uptick in prices, market conditions are being vigilantly monitored, and stakeholders maintain a sense of optimism regarding the anticipated return of stability in the forthcoming days Today, formic acid prices in the domestic market stand at Rs. 62 per kilogram, marking an increase from its previous rate of Rs. 60 per kilogram, an adjustment of Rs. 2 per kilogram. This shift prompts a reevaluation of market dynamics, emphasizing the need for stakeholders to remain adaptable and informed in navigating the evolving landscape of formic acid pricing.
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endrusmithreal · 5 months
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Formalin Price Trends: Factors Influencing the Market
Formalin (CH2O) is a colorless chemical liquid that has a strong and irritating odor, which is due to the presence of formaldehyde in the compound. With a neutral pH, it can be used as a reducing agent that is used to reduce other chemicals and produce formic acid. The melting and boiling point of Formalin measure around -19° C and -92° C, respectively.
Formalin, with a high content of formaldehyde in it, can be highly flammable in nature. It is a water-based saturated solution comprising formaldehyde gas and stabilizers such as methanol, which helps avoid polymerization of the aldehyde present in the compound.
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The key importing countries for Formalin are India, Vietnam, and Indonesia. On the other hand, the key exporting countries for the same include the United States, Vietnam, and India.
Key Details About the Formalin Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Formalin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Formalin Price Trends, including India Formalin price, USA formalin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Formalin Price Trends:
https://theprocurementexpert.com/wp-content/uploads/2023/06/Price-Trend-Image-7.jpg
Moreover, it is used in glues, resins, textiles, dyes, building materials, automobile parts, embalming, and labs. Formalin is highly used in vaccine production and cosmetics such as deodorants, shampoo, lotions, and mascaras. The food industry also uses the compound as a preservative agent to store packaged food items.
Key Players:
BASF SE
3M
Bayer AG
Celanese Corporation
DuPont
Dynea AS
Georgia-Pacific Chemicals
Huntsman International LLC
Merck KGaA
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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marketupdate · 3 years
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Formic Acid Market 2020 | Future Growth Trends, Size, Share, Business Development, Competitors Strategy, And Global Industry
The latest market intelligence report, titled “Global Formic Acid Market Forecast to 2027,” illustrates the significant aspects of the global Formic Acid  business sphere. The latest study offers valuable business insights and elaborates on the present and future trends of the Formic Acid  market, including the technological innovations and the key market growth-influencing factors. The global Formic Acid  market report is expected to help readers identify the products and services offered by this industry vertical. The vital parameters of the market help drive revenue growth and profitability. The research report draws focus on a plethora of market dynamics, including the key market drivers, opportunities, constraints, threats, challenges, and several industry-specific trends. Additionally, the study focuses on the downstream and upstream analysis of the leading Formic Acid  market players.
The report puts forward an exclusive assessment of the significant impact of the COVID-19 pandemic on the global Formic Acid  market. The viral outbreak has devastated the global business scenario, affecting the manufacturers and buyers involved in this industry negatively. The report thus discusses the unprecedented impact of the outbreak and the consequent lockdown restrictions on the global market. Furthermore, the report is intended to offer essential details about the growth-inducing factors, shortcomings, threats, and lucrative opportunities available for all the vendors and companies participating in this industry.
Gain access to the full description of the global Formic Acid  market @ https://www.reportsanddata.com/report-detail/formic-acid-market
Competitive Overview:
The global Formic Acid  industry is highly consolidated due to the presence of several renowned companies that are keen on enhancing their market footprint. The leading companies functioning in the business sphere are profiled on the basis of their product portfolios, product differentiation, product price, quality, brand, etc. As per industry experts, the market players these days are increasingly shifting their focus towards product customization and effective customer interaction. Several varying operating patterns of these vendors, such as partnerships & collaborations, mergers & acquisitions, and new product launches, have been depicted in this report. The leading vendors profiled in the report include BASF SE, Perstorp, Eastman Chemical Company, Taminco, Feicheng Acid Chemical, LUXI Group Co. Ltd., Eastman Chemical Company, Helm Italia S.R.L, Gujarat Narmada Valley Fertilizers Co. Ltd, and Shanxiyuanping Chemicals Co. Ltd., and others.
Type Outlook:
Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
75%
80%
85%
94%
99%
Production Process Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Carbonylation of Methanol
Oxalic Acid
Application Outlook:
Animal Feed
Leather Tanning
Textile Dyeing and Finishing
Intermediary in Pharmaceuticals
Others
Regions Covered in This Report:
·        North America (U.S., Mexico, and Canada)
·        Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
·        Europe (U.K., Germany, France, and Rest of Europe)
·        Latin America (Brazil and Rest of Latin America)
·        Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
 Key highlights of the report:
1.      The latest report based on the global Formic Acid  market includes an elaborate list of the company profiles of the leading market players.
2.      The report emphasizes various aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
3.      The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
4.      The report involves a SWOT analysis of the global Formic Acid  market and includes expert opinions on the Formic Acid  industry.
5.      The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading companies operating in this market.
6.      The report is inclusive of a detailed study of the intensely competitive landscape of the market.
7.      Moreover, the report is intended to help the businesses engaged in this sector with effective decision-making and further provide them with helpful insights into the global market.
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Highlights of the TOC: 
1. Report Overview  1.1 Research Scope 1.2 Key Formic Acid  market segments 1.3 Major players 1.4 Market analysis by product 1.5 Market analysis by application 1.6 Report timeline
2. Global Growth Trends  2.1 Global Formic Acid  market size 2.2 Latest Formic Acid  market trends 2.3 Key growth trends
3. Competitive Landscape  3.1 Global Formic Acid  market key players 3.2 Global Formic Acid  size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Formic Acid  market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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wenickjones · 3 years
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Organic Acids Market Size, Share, Trends With Top Key Players
Facto Market Insights recently published market research report on the Global Organic Acids Market to its collection of market research reports. The research report covers detailed analysis of market sizing and forecasting of the market covering the market drivers, challenges, opportunity analysis, and trends, along with various key insights in the global market. The research report also includes the analysis of regional manufacturers and new market players, covering all the information suitable for the clients to make strategic business decisions in the industry.
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The report covers PESTLE analysis and porter’s five forces analysis which demonstrates the five forces including buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global organic acids market. In the study, the framework of porter's five forces analysis explains the method for analyzing the competition of the business covering the industry structure & the level of competition in the market. Along with this, the research report also covers the facts & figures related to the macroeconomic trends that are anticipated to impact the growth of the overall market.
In addition to this, the report also covers the section of competitive landscape of the global market, which includes the market share & positioning of all the leading players in the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new product development. A section of recent news & development has been added to the report which covers the latest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.
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The Following are the Key Features of Global Organic Acids Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2029
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Organic Acids Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Market Segmentation:
The research offers a comprehensive analysis of global organic acids market with respect to following sub-markets:
Organic Acids Market, by Product Type:
Acetic Acid
Formic Acid
Lactic Acid
Citric Acid
Propionic Acid
Ascorbic Acid
Gluconic Acid
Fumaric Acid
Other
Organic Acids Market, by Application Type:
Bakery and Confectionery
Dairy
Beverages
Poultry, Meat and Seafood
Livestock Feed
Companion Animal
Pharmaceuticals
Industrial
Other
Regional Insights:
The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Competitive Analysis
The central members of the market are recorded in this segment of the examination. It assists with understanding the strategies and unions that players focus on battling market competition. A fundamental infinitesimal glance at the market is given in the essential investigation. The significant players working in the global organic acids market are:
Archer Daniels Midland Company
BASF SE
BioAmber Inc
Cargill
Celanese Corporation
Corbion NV
DowDuPont
Eastman Chemical Company
Elekeiroz SA
Fuso Chemical
Genomatica
Henan Jindan Lactic Acid Technology
Koninklijke DSM
LUXI group
Myriant Corporation
NatureWorks LLC
Polynt-Reichhold
Dow Chemicals
Tate & Lyle
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Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
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alexking123us · 3 years
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Formic Acid Market Competitive Dynamics & Global Outlook 2021-2029
The Global Formic Acid Market 2021-2029 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The Formic Acid Market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to-date review of the present global market scenario, the newest developments and drivers, and therefore the overall market environment is given within the study.
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It provides the impact and recovery of Covid-19 pandemic on the formic acid Market. Relevant statistical data is additionally provided within the report back to recognize the challenges caused by the outbreak of Covid-19 and methods to cope up with the present scenario.
In addition to the present, the report also covers the section of competitive landscape of the worldwide market, which incorporates the market share & positioning of all the leading players within the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new development. a neighborhood of recent news & development has been added to the report which covers the newest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.
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The Following are the Key Features of Global Aluminium Trays Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2029
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Formic AcidMarket Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global Formic AcidMarket Segmentation Analysis:
Formic Acid Market, by Concentration Type:
Formic Acid 85%
Formic Acid 90%
Formic Acid 94%
Formic Acid 99%
Formic Acid Market, by Application Type:
Silage and Animal Feed
Leather Tanning
Textile Dyeing and Finishing
Pharmaceuticals/Food Chemicals
Rubber Products
Coatings
Others
Regional Insights:
The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Reasons to purchase the report:
Identify possible investment areas supported a comprehensive analysis of the worldwide Formic Acid Market over subsequent few years.
Gain in-depth knowledge of the underlying factors that drive demand for formic acid Market and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and therefore the latest technological advances among others.
Identify the main channels that drive the demand for formic acid  Market, offering a robust image of potential prospects which will be tapped, leading to growth in revenue.
Channelize funds by concentrating on the continued initiatives pursued by the various countries within the global formic acid Market.
Competitive Analysis:
The key players of the market are listed during this section of the study. It helps to know the tactics and alliances that players consider fighting market rivalry. An important microscopic check out the market is given within the detailed study. The major players operating in the Global formic acid  Market are
BASF SE
Perstorp Group
Taminco Corporation
Luxi Chemical Group
Feicheng Acid Chemicals
Anhui Asahi Kasei Chemical
Alfa Aesar
Rashtriya Chemicals and Fertilizers Limited
Gujarat Narmada Valley Fertilizers & Chemicals Limited
Polioli SpA
Shandong Baoyuan Chemical
HELM ITALIA
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Industrial Rubber Market - Trends, Segments, Share, Growth, Demand, Key Player Profile and Forecast 2023
Regionally, Global Industrial Rubber Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific dominated the Global Industrial Rubber Market in 2016 owing to the growing demand from the automotive, construction, and electronics industries in the region. The high production and sales of automotive coupled with the increased per capita income is expected to drive the demand for Industrial Rubber in the region. The high investments in research & development is another factor likely to fuel the market growth. For instance, Apollo tires formally inaugurated their global research & development center near Chennai, India in 2016.
The Advanced Engineering Centre is working towards the integration of electronics into tire technology. Moreover, Myanmar business circle proposed the government to open rubber sale centers in Mon state, a major rubber producer of the country. According to the Myanmar Rubber Planters and Producers’ Association, the authorities are drawing up Rubber Law for the central rubber markets across the country. The organization also proposed a tax exemption for the imports of formic acid, which is expensive and plays an important role in high-quality rubber production. Rapid industrialization and urbanization in the region is expected to further fuel the market growth over the assessment period.
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North America was the second largest region in the Global Industrial Rubber Market in 2016 on account of the growing demand from automotive and reviving construction industries in the region. Rising adoption of fuel-efficient automotive owing to the stringent regulations in the region is likely to boost the market growth further.
Europe is projected to witness a significant growth due to the high production and exportation of various automotive parts in the region. Furthermore, the investments in medical & healthcare to maintain hygienic environment are expected to fuel the market growth.
Latin America is projected to witness a significant growth owing to the high demand for Industrial Rubber from the automotive industry, especially in Mexico.
The infrastructural and construction activities in the GCC countries are likely to fuel the demand for Industrial Rubber in the Middle East & Africa over the assessment period.
Key Players:
Some of the manufacturers operating in the Global Industrial Rubber Market are LANXESS (Germany), Bridgestone Corporation (Japan), LG Chem (South Korea), Sinopec (China), The Goodyear Tire & Rubber Company (U.S.), KUMHO PETROCHEMICAL (South Korea), TSRC (Taiwan), JSR Corporation (Japan), Versalis S.p.A. (Italy), PJSC "Nizhnekamskneftekhim" (Russia), and ZEON CORPORATION (Japan).
Browse Key Industry Insights spread across 100 pages with 59 market data tables & 15 figures & charts from the report, “Industrial Rubber Market Information: By Type (Natural, Synthetic), Product (Tires, Seals, Hoses), Product Processing (Extrusion, Calendering), End-Use Industry (Automotive, Building & Construction) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/industrial-rubber-market-6083
Segmentation:
Global Industrial Rubber Market is segmented by Type, Product, Product Processing, End Use Industry and Region.
On the Basis of the Type, Global Industrial Rubber Market is bifurcated into natural and synthetic.
Based on the Product, Global Industrial Rubber Market is segmented into tires, seals, shock-absorbing parts, conveyor belts, hoses, roofing, adhesives & sealants, sports equipment, and others.
On the Basis of the Product Processing, the market is segmented into extrusion, calendering, roller die, coating, molding & casting.
On the Basis of the End Use Industry, Global Industrial Rubber Market is segmented into automotive, building & construction, industrial manufacturing, electrical & electronics, and others.
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