According to the World Bank, the strength of the global workforce stood at 3.386 billion in 2020. This populace is creating an extensive demand for processed food products that are packaged in polystyrene, which is manufactured by using 1,5-cyclooctadiene. Thus, the burgeoning demand for processed food is expected to create a huge requirement for 1,5-cyclooctadiene. Additionally, the surging preference for online shopping of groceries and packaged meals will also boost the consumption of 1,5-cyclooctadiene in the upcoming years.
Moreover, the escalating use of agrochemicals, to increase the yield and prevent crop losses, will help the 1,5-cyclooctadiene market grow during the forecast period (2020–2030). According to P&S Intelligence, the market generated around $210.0 million in 2020. The chemical compound is primarily used in the production of fertilizers and insecticides that are being used to establish an organic sustainable agricultural ecosystem. Furthermore, the increasing requirement for food crops, owing to the soaring population, also contributes to the market growth worldwide.
The application segment of the 1,5-cyclooctadiene market is classified into solvents, elastomers, catalyst ligands, chemical intermediates, specialty chemicals, and others, such as plastics, protective coatings, paint and dyes, and adhesives and sealants. Among these, the catalyst ligands category generated the highest revenue in 2020, and it is expected to continue witnessing this trend throughout the forecast period. This can be owed to the increasing consumption of 1,5-cyclooctadiene in the production of polymers, dichloro(1,5‐cyclooctadiene) palladium, Co(1,5-cyclooctadiene) (cyclooctenyl), cyclooctadiene iridium chloride dimer, and an array of petrochemicals, which can be widely used as catalyst ligands.
Geographically, the Asia-Pacific (APAC) region accounted for the largest share in the 1,5-cyclooctadiene market during the historical period (2015–2020), and it is projected to retain its dominance during the forecast years as well. The leading position of APAC can be attributed to the surging per capita income and the escalating demand for personal and home care products in India, China, South Korea, and Thailand. For instance, the World Bank estimated that the per capita income of Thailand surged from $7,296.9 in 2018 to $7,817.0 in 2019.
Thus, the rising consumption of packaged food and the escalating use of agrochemicals will create an enormous requirement for 1,5-cyclooctadiene in the upcoming years.
DL-Dithiothreitol Chemical Reagent market is segmented by region (country), players, by Type, and by Application.
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The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the DL-Dithiothreitol Chemical Reagent market is segmented into:Low Concentration DL-Dithiothreitol Chemical ReagentHigh Concentration DL-Dithiothreitol Chemical ReagentDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/58028/global-united-states-dldithiothreitol-chemical-reagent-2026-209Segment by Application, the DL-Dithiothreitol Chemical Reagent market is segmented into:UniversityResearch InstituteIndustrial ManufacturingOthersRegional and Country-level Analysis:The DL-Dithiothreitol Chemical Reagent market is analysed and market size information is provided by regions (countries).The key regions covered in the DL-Dithiothreitol Chemical Reagent market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and DL-Dithiothreitol Chemical Reagent Market Share Analysis:DL-Dithiothreitol Chemical Reagent market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
Indian metal treatment chemical market growth at a CAGR of 5.68% and is projected to reach USD 378.4 million by the end of 2023.
Metal treatment chemicals are used for removing scale, stain and inorganic contaminants.
These chemicals are part of surface treatment chemicals used mainly for cleaning, anodizing and smooth bonding paints on any metal substrate.
Key highlights of the report: -Based on various metal treatment chemicals types, the anodizing & platting is leading the segment, which held a 32.6% market share in 2016.
Anodizing & platting is set to emerge as the preferred choice in metal treatment chemicals owing to easy penetration of anodizing hard coating for numerous application such as electrode coating, anodized layer formation, and electroless plating - Cleaning chemicals segment witnessed a substantial growth and is expected to reach USD 75.4 million by 2023.
These chemicals are the first stage of surface metal treatments as they are used to remove scale, contaminants, and dust from the metal substrate thereby, providing a durable and hygienic environment for metal.
