Russian specialty chemicals market is a major contributor to the economy for the chemical sector within this region. The government continuously works in order to upgrade the country’s chemical market. The production of chemicals in the country in 2020 increased by 6.7% compared to the previous year. The Russian government plans to invest up to …
Pharmaceutical market accounts for a major segment in the Netherlands chemical industry. The chemical industry in the Netherlands is composed of several company clusters that are strongly interlinked. Large companies for specialty and bulk chemicals join forces with small and medium-sized enterprises along with knowledge-rich entrepreneurs. The waste product in a chemical process often acts as the raw …
Fragrance market globally accounts for roughly worth USD 71 billion in the year 2018. This segment of the chemical industry is anticipated to witness a compound annual growth rate of 3.7% during the 2018-2025 period. The increasing importance of grooming and personal hygiene is one of the key driving factors. Personal care is expected to …
Agrochemicals Sector accounts for synthetically produced crop protection chemicals. They are also used to enhance or improve plant growth and fertility. Herbicides are used for plant-killing, fungicides are used for fungal killing, and insecticides are used for insect killing. The global agrochemicals sector was valued at USD 381.4 billion in the year 2017. This segment …
Specialty chemicals are produced to meet performance-specific requirements. The chemical and physical properties of these chemicals have a significant effect on the characteristics of the end-product. The increase in demand from end-user markets contributes to the growth of the specialty chemicals industry. These product based substances are used as additives to create the desired effect …
Chemical Storage Disaster incidents are a rare event in the chemical industry. However, negligence and improper handling of chemicals may result in devastating consequences. There are various potentially dangerous materials and processes employed in the chemical sector.Aside from the immediate implications surrounding a major incident, such as loss of life, a threat to the environment, …
German chemical sector is the largest in Europe and the fourth largest in the world. Germany is known for its renewable energy, high labor cost, and rigorous environmental standards. The global chemical market has progressed at a fast pace over the years. The global chemical sales increased from USD 1,363 billion in the year 2005 to USD 3,183 billion in 2015. …
Chemical industry in Singapore is one of the most rapidly growing industries. This industry provides essential chemical ingredients ranging from downstream chemicals to high-tech products. Singapore is one of the most developed economies in Asia. The chemical industry in Singapore is a pillar of the nation’s economic success. The growth of the chemical sector in the country has resulted from …
South Korean chemical industry is the sixth-largest in the world. The country is diversifying and further sophisticating its chemical sector. South Korean chemical industry is entering a position of leadership in the world market. However, new investments in energy resources, the development of core environmentally friendly technologies, and a shift to higher value- added products are needed for South …
