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How is Increasing Demand for Glass Driving Sodium Sulphate Market?

2020-06-30 22:34:32 | Sodium Sulphate Market
The construction industry in emerging economies and developed countries is witnessing rapid growth, which is because of the rapid migration rate, swift urbanization, growing population, economic growth, and increasing disposable income of people. Several construction projects are being initiated all across the globe. Furthermore, the lifestyle changes have also compelled designers to come up with new and interesting solutions for increasing the aesthetic appeal of commercial and residential buildings. Owing to this, the demand for glass in the construction is increasing, as they are extensively being utilized in exteriors in modern buildings instead of traditional assortments of bricks and cement.

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This growing demand for glass, in turn, is creating need for sodium sulphate, which is widely used in the manufacturing of glass as a fining agent. The salt aids in getting rid of small air bubbles from molten glass. Sodium sulphate has the formula Na2SO4, and is the sodium salt of sulfuric acid. According to a P&S Intelligence report, the global sodium sulphate market generated a revenue of $2,019.3 million in 2018 and is expected to reach a value of $2,109.4 million by 2024, advancing at a 2.6% CAGR during the forecast period (2019–2024).

Other than glass, sodium sulphate also finds applications in textiles, soaps & detergents, and pulp & paper. In the past, the largest demand for sodium sulphate was created for soaps & detergents applications, as it is used in the manufacturing of these products as a desiccant and a fining agent. This aids in efficiently locking the moisture entering the detergent. In addition to this, utilization of sodium sulphate also makes the production detergents less costly. The growing adoption of powdered detergents in developing countries is further leading to the rising demand for sodium sulphate. Powdered detergent is easily available, can be easily transported, is easy to use, and has a low cost.

Due to the large-scale consumption and production of salt in China for different applications, the Asia-Pacific (APAC) region emerged as the largest sodium sulphate market. Moreover, the personal care sector in China is witnessing significant growth, and sodium sulphate is used extensively as a raw material for the production of soap bars, body washes, shampoos, and various other products. Apart from this, the demand for sodium sulphate is expected to rise in North American and European countries as well in the near future.

How is Reducing Farming Lands Driving Agricultural Adjuvants Market?

2020-06-29 20:54:11 | agricultural adjuvants market

The need for enhancing yield on agricultural fields is growing day by day. This can be major ascribed to the growing population across the globe and reduction in farming lands. As per the Food and Agriculture Organization, a United Nations agency, the arable land around the world decreased by about 0.8 million square km in between 2000–2015. This is creating a pressing need for increasing the yield of existing farming lands, so that the needs of the increasing population can be taken care. The farmers are increasingly making use of advanced technologies and agrochemicals in order to maximize the output on farms.

These factors are further resulting in the growing demand for agricultural adjuvants, which are commonly used for enhancing the performance of pesticides. These chemicals can be added to the spray tank for improving the application characteristics of pesticides. Owing to all these attributes of these chemicals, the global agricultural adjuvants market is expected to generate a revenue of $3,778.9 million by 2023, rising from $2,777.6 million in 2017, progressing at a 5.3% CAGR during the forecast period (2018–2023). There are two types of agricultural adjuvants on the basis of function, namely utility and activator adjuvants.


Built-in and tank-mix are the two types of formulations of agricultural adjuvants. Owing to their properties that can enhance the performance and compatibility of agrochemicals, the demand for tank-mix agricultural adjuvants is predicted to rise significantly in the years to come. Different applications of agricultural adjuvants include fungicides, herbicides, and insecticides. An increasing demand for agricultural adjuvants is expected to be created for fungicides applications in the years to come. This is due to the properties of these adjuvants to prevent infection by fungal pathogens, which is done by creating a barrier on the surface of the host plant.

Geographically, North America was the largest agricultural adjuvants market in the past, which is owing to the presence of a large number of manufacturers, availability of differentiated products, and a large end-user base in the region. Other than this, the demand for these products is also expected to rise considerably from the Asia-Pacific region in the years to come. This is because of the monetary and regulatory support under center and state implemented policies in India and heavy investments by the Chinese government.

How is Increasing Demand for Electronics and Healthcare devices Driving Extrusion Coating Market?

2020-06-25 19:51:34 | Extrusion Coating Market


Different industries including, personal care, food & beverages, healthcare, electronics, and consumer goods are witnessing rapid growth in Latin America, Asia-Pacific, and Middle East and Africa, which is majorly due to the strong economic in countries in these regions. For example, as per the International Trade Administration, the healthcare industry in India generated about $110 billion in 2016 and was estimated to attain $280 billion by 2020. The growth of an industry is driven by the increasing demand for its products and services. Because of increasing need for medical devices, electronic devices, and personal care & cosmetic products, the demand for extrusion coating is growing as well.

Extrusion coating can be defined as a process where a coat of thermoplastic material is put on a substrate, such as woven fabric, paperboard, and aluminum foil. The process increases scuff resistance, tear resistance, resistance against chemicals, provides a heat sealable surface, grease resistance, and provides a barrier against different gases and water. Because of these advantages, the global extrusion coating market is predicted to reach a value of over $4,759.3 million by 2023, increasing from $3,703.8 million in 2017, and is expected to register a 4.2% CAGR during the forecast period (2018–2023).


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The material types that are utilized for extrusion coating are polypropylene (PP), low-density polyethylene (LDPE), and ethylene-vinyl acetate (EVA). Among all these, the demand for LDPE was the highest in the past, which is ascribed to the fact that LDPE is utilized extensively in the production process of films that are used as bags, packaging materials, and sacks. Other than this, the demand for PP is also predicted to grow considerably in the near future, on account of the increasing utilization of this material in food & beverage packaging as it is flexible and tough.

Aluminum foil, paper and paperboard, and polymer film are the different kinds of substrates on extrusion coating is done. Among all these, a significant demand for extrusion coating materials is expected to be created for polymer film in the near future. This can be due to the rising requirement for flexible packaging solutions in several industries, such as healthcare, food & beverages, and personal care. Polymer film is utilized in these industries for protecting products from vibration, shock, and surface tension. The major applications of extrusion coating are photographic, liquid packaging, commercial, and flexible packaging, among which, the demand for liquid packaging has been the highest.

Extrusion coating is widely utilized in liquid packaging applications for increasing the salability of various types of semi-solid and liquid food items, including sauce, milk, and juice. When geography is taken into consideration, the Asia-Pacific (APAC) region has been the largest extrusion coating market up till now, which is particularly because of the rising disposable income of people, and rapid industrialization in the region that is boosting the need for extrusion coating materials for packaging purposes. Within the region, China is the major consumer of extrusion coating materials.

Hence, the demand for extrusion coating is growing due to the rapid economic growth in developing countries.

Green Solvents Market to Grow due to Need for Chemicals with Low VOC Content

2020-06-24 22:31:37 | Green Solvents Market


Different types of solvents are utilized extensively in and are vital for almost all industrial processes. However, most of the solvents used in industries are of harmful nature and thus, the concerns regarding their usage are growing rapidly. Large volumes of inflammable and poisonous solvents are used on a daily basis in the field of chemical processing. Moreover, over 20 million tons of waste residues from organic solvents are emitted into the atmosphere each year, which causes wastage of solvents and is responsible for environmental pollution. Additionally, increased exposure to solvents has negative and adverse impacts on living beings, such as damage to nervous and respiratory systems.

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Attributed to these reasons, the need for alternative solutions which won’t cause as much harm to the environment and living beings is growing. The adoption of green solvents, which are environment-friendly solvents or biosolvents and are derived from processing agricultural crops, can deal with these issues to a large extent. Since the efficiency of the process is highly dependent on the solvent type, the special properties of green solvents aid in improving chemical processes, decreasing the processing steps, and lowering the use of solvents. Due to these factors, the green solvents market is predicted to grow at a significant pace in the near future.


Apart from paints and coatings industry, green solvents also find applications in printing inks, industrial & domestic cleaners, and adhesives. The demand for green solvents is expected to considerably high from the paints and coatings industry in the years to come, which is owing to the surging concerns regarding environmental pollution and growing consumer demand for eco-friendly products. In addition to this, a number of companies are focusing on the development of low- or zero-volatile organic compounds (VOC) products, which is further expected to lead to the growing adoption of green solvents.

In the years to come, North America is expected to emerge as a major green solvents market, attributed to the strict government regulations pertaining to emission levels and increasing government funding for eco-friendly chemicals in the region. Moreover, the presence of a large number of industries which make of these solvents for the development of end-products is also leading to the increasing demand for green solvents in the region.

Smart Battery Charger Market to Witness Growth due to Increasing Smartphone Sales

2020-06-23 19:41:30 | Smart Battery Charger Market
The adoption of internet of things (IoT), along with its emphasis on data collection from distributed nodes, is increasing in almost all industries, including the agriculture industry. In the agriculture industry, smart farm relies heavily on several nodes that are spread across hundreds of acres for collecting data on soil moisture level, weather, evaporation, and other things. These nodes are usually are battery-powered and rely on techniques of energy harvesting, including solar power for supplementing existing battery capacity. Attributed to this, the demand for smart battery chargers is growing rapidly.

Smart battery chargers are much more sophisticated, since along with offering various switchable charging modes, they are further programmed to offer a varied and planned output to maintain and charge the battery in the best condition. Several smart chargers have numerous charging modes, tailored for different charging requirements and battery types. In addition smart chargers are programmed with several automated variations and steps for providing the best environment for the battery, so that it accepts a full charge. It is because of such advantages that the global smart battery charger market is projected to grow at considerable pace in the near future.

A smart battery charger has minimum of three charging staged, where the boost stage has basic smart charger, then the absorption stage, and at last, either maintenance or float stage of charging. These chargers comprise of high-tech features, including monitoring of batteries, charging process, voltage, and temperature and protection from overcharging. Smart battery chargers can further communicate with battery management systems of smart battery pack. Wired and wireless are the two types of smart battery chargers, between which, a significant demand is predicted to be created for wired chargers in the coming years.

This is because these chargers are extensively utilized in several applications, such as smartphones and laptops, as they have low cost. Moreover, most electronic devices support wired smart battery chargers, thereby leading to their increasing demand. The major applications of smart battery chargers are tablets, smartphones, laptops, and electric vehicles. Out of all these, a substantial demand for these chargers is expected to be created for smartphones in the coming years, which is primarily because of the surging demand for smartphones across the globe. As per a Statista report, the global sale of smartphones reached approximately 1.5 billion in 2016 and is predicted to rise to 37% by 2020.

When geographic scenario is taken into consideration, North America is predicted emerge as a major smart battery charger market in the near future, which can be owing to the surging adoption of electric vehicles and electronic devices in the region, particularly in the U.S. In addition to this, the sales of smartphones in the U.S. has been on a rise. For example, the sales of smartphones in the country was $55.6 billion in 2017, rising from $18 billion in 2010. This is further driving the demand for smart battery chargers in the region.

Hence, the adoption of smart battery chargers is growing due to the increasing adoption of smartphones and growing utilization of IoT in the agriculture sector.