Chemical Intermediates Market : Facts, Figures and Analytical Insights 2021-2026
Chemical Intermediates Market size is forecast to reach around $122.1 billion by 2026, after growing at a CAGR of 7.5% during 2021-2026.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Chemical Intermediates Market: INVISTA, SI Group, Arizona Chemical, Chevron Oronite, ExxonMobil Chemical, Biosynth, R K Synthesis, AdvanSix Chemical, Jay Chemicals, Himalaya Chemicals, BASF, DuPont, Aceto and others.
Industry News and Developments:
US chemical company Invista completes tech upgrade in Victoria, Texas
23 Mar '21: Invista, a leading manufacturer of chemical intermediates, polymers, fibres and fabrics, has completed its project to bring company’s most advanced adiponitrile (ADN) technology to its site in Victoria, Texas, on schedule, as part of site’s regularly planned maintenance turnaround. The site will manage a controlled start-up and ramp-up of ADN production.
“We’re pleased this ADN retrofit will bring additional production capacity online in Victoria and are looking forward to how this will support growth in downstream nylon 6,6 applications,” Bill Greenfield, president, Invista Intermediates, said in a press release.
ADN is a key ingredient for nylon 6,6 fibres and plastics used in industries like automotive production, electronics and electrical connectors. Applications also include automotive airbag fibre, specialty apparel fibres and high-performance coatings.
SI GROUP ANNOUNCES TACKIFIER CAPACITY EXPANSION IN INDIA
SCHENECTADY, NY – May 18, 2021 – SI Group, a leading performance additives company, announced today the decision to increase tackifier resin capacity at its Lote, India, manufacturing site by an expected 75%. The expansion will propel the site to become a regional hub for best-in-class tackifier resin production and technology.
The investment addresses an increasing demand for Novolac tackifiers in one of our core regions. The expansion is slated for completion in two phases. The first phase will be completed by the end of 2021 and the second phase will commercialize in the latter half of 2022.
SI GROUP MAKING SIGNIFICANT ADDITIVES EXPANSION IN THE U.S.
SCHENECTADY, NY – May 26, 2021 – SI Group, a leading performance additives company, announced plans today to invest more than $50 million across three manufacturing sites in North America to install globally competitive main antioxidant capacity to increase its supply for this critically important and growing market segment.
This investment demonstrates SI Group’s commitment to the expanding U.S. chemical market, with a focus on supplying strategically located, critical raw materials to key partners in the region. With SI Group’s current extensive antioxidant manufacturing footprint in the U.S. and backward integration, this planned expansion will increase its security of supply by offering a fully integrated portfolio of phenolic antioxidants in the U.S. These performance additives are broadly used in growth segments such as food packaging, automotive, construction, adhesives, and other applications.
Global Chemical Intermediates Market Split by Product Type and Applications:
This report segments the market on the basis of Types are:
On the basis of Application, the market is segmented into:
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Regional Analysis For Chemical Intermediates Market:
For comprehensive understanding of market dynamics, the global Chemical Intermediates market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Chemical Intermediates Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021–2025.
Key Points of Chemical Intermediates Market Table of Contents:
-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
-Competition by company: Here we analyze the competition of the global Chemical Intermediates market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.
-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Chemical Intermediates market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Chemical Intermediates market.
-Market Forecast: Here the report provides a full forecast for the global Chemical Intermediates market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.
-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.
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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Chemical Intermediates market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2027, which provides future outlook of the market for the manufacturers and suppliers.
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