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Asia Pacific is anticipated to drive two-thirds of global petrochemical demand owing to robust economic growth and increasing domestic consumption.
Oil companies need to adopt flexible strategies in the ever-changing market conditions amid intense competition.
Technological advancements in automotive coolants are expected to boost the automotive coolant market share significantly over the study timeframe.
Textile chemicals are specialty chemicals such as textile finishing chemicals.
Cotton emerged as the most widely used raw material and accounted for a market share.
APAC is foreseen as the most rewarding terrain in terms of generating demands for automotive coatings.
Increasing product price would hamper the growth of the market in coming years.
East Asia is expected to be the leading market for automotive lightweight material, with China accounting for bulk market share in the region.
GE Aviation also achieved manufacturing of 30 thousand 3D printed fuel nozzle tips in October same year.
Sodium cocoyl isethionate exhibits high foaming ability and mildness towards the skin making the chemical an efficient and eco-friendly alternative.
Stay updated with the latest chemical industry trends and innovations.