End-Use Industry Trends to Influence Growth in Inorganic Chemicals Market, According to a New Report by Global Industry Analysts, Inc.
Growth in the inorganic chemicals market is significantly affected by economic, environmental and regulatory factors, with the market mirroring the trends witnessed in various end-use applications. Although faced with the threat of substitutes, the market is set to grow on the strength of new opportunities in the developing world, along with the emergence of new end-use applications.
San Jose, CA (PRWEB) September 16, 2008
Inorganic chemicals are utilized either as catalysts or as processing aids, and find application mostly in agricultural and industrial sectors. The market is characterized by the presence of high-volume products, and limited R&D expenditure. Governed by numerous regulations related to safety, environment and health, the cost of production in inorganic chemicals industry (http://www. strategyr. com/Inorganic_Chemicals_Industry_Market_Report. asp) is relatively high due to enormous expenditure associated with handling and disposal of toxic wastes. Globalization and shift towards specialty chemicals of high-value are two major changes in the worldwide chemical industry. Consequently, production resources, research and development and finances are emerging as critical factors, particularly for large industry participants. Such a scenario is proving detrimental for small and mid-sized local players addressing domestic market requirements, as their operations are no longer viable in the changed context.
Growth in the worldwide market for hydrogen peroxide (H2O2) (http://www. strategyr. com/Inorganic_Chemicals_Industry_Market_Report. asp) is expected to be promising, primarily due to its increased utilization in a rapidly growing pulp and paper industry. Fast-paced growth in the paper and pulp industry, brought on by the advent of new technologies, evolution of mechanical wood pulp, de-linked waste pulp, and chemical mechanical pulp, present vast growth opportunities for hydrogen peroxide market. Rising demand from industrial consumers, particularly waste treatment industry, expanding uses for the chemical, increasing utilization of H2O2 as a substitute for chlorine are anticipated to propel sales in the market. While North America and Western Europe constitute major markets for H2O2, future growth in the market is expected from emerging markets of Asia-Pacific and Latin America. Increasing pulp production in developing regions, and replacement of chlorine with H2O2 in bleaching activities are fostering sales of the chemical.
Chlor-alkali is one of the largest inorganic chemicals market, in terms of value, with products such as chlorine, sodium hydroxide (caustic soda), and calcium carbonate (soda ash). Asia and Middle East are emerging as major markets for chlor-alkali. Chlorine (http://www. strategyr. com/Inorganic_Chemicals_Industry_Market_Report. asp) is a major inorganic chemical commodity that is employed in the production of PVC and organic chemicals, inorganic applications, pulp and paper industry, water treatment, and other sectors such as crop protection. With derivatives such as PVC, EDC and VCM accounting for a larger share of consumption in developing regions, and also anticipated to increase at a faster pace compared to other end-uses, chlorine market is projected to grow rapidly in Asia, Middle East and Latin America. On the other hand, chlorine derivatives market in North America is affected by high cost of natural gas, resulting in declining exports.
The report titled "Inorganic Chemicals: A Global Outlook" provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a bird's eye view of the inorganic chemicals industry. The discussion on the global market is laced with 30 information rich market data tables depicting consumption patterns by geographic regions and end-use applications across key market segments, such as, Chlorine, Caustic Soda, Soda Ash, Hydrogen Peroxide, Titanium Dioxide, Carbon Black, and Industrial & Caustic Potash. Also included is a compilation of all recent mergers, acquisitions, and strategic corporate developments. A regional-level discussion mirrors the prevalent scenario in the US market by a segment-wise quantitative analysis of Titanium Dioxide, Sulfuric Acid, Inorganic Pigments, Potash, Potassium Sulfate and Potassium Magnesium Sulfate, Sodium Bichromate, Dry Ferrous Sulfate, and Ferric Chloride. Other regional markets briefly summarized and annotated with tables include Germany, Japan, China, and India. The report also includes an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 661 companies worldwide.
For more details about this research report, please visit
Http://www. strategyr. com/Inorganic_Chemicals_Industry_Market_Report. asp (http://www. strategyr. com/Inorganic_Chemicals_Industry_Market_Report. asp)
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (http://www. strategyr. com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
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