Industry Insight Updates

  The global   methanol market   is expected to reach USD 40.50 Billion by 2027, according to a new report by Reports and Data. Methanol is used as an alternative fuel for transportation, owing to its ease of distribution and availability, and combustion-efficiency across the globe. It is a high octane fuel that allows effective performance in internal combustion (IC) engines. Engines optimized for methanol-fuel could deliver an energy-efficiency gain of around 50.0% over a standard gasoline engine in a light-duty automobile. Moreover, it can be used in IC engines as a substitute for diesel fuels.  It has been found that Heavy-duty dual-fuel engines functioning on diesel and methanol fuels can enhance efficiency and substantially reduce emissions for buses, trucks, and off-road vehicles. Request a free sample of this report :  https://www.reportsanddata.com/sample-enquiry-form/2393 Growing acceptance of methanol-to-olefins (MTO) process is expected to drive the market growth in the upc

  The global   epichlorohydrin market   is forecast to reach USD 3.75 Billion by 2027, according to a new report by Reports and Data. Epichlorohydrin (ECH) is a flammable and a volatile clear liquid at room temperature, which is insoluble in water. It has a garlicky, pungent, sweet odor. It is usually made from allyl chloride that is derived from   chlorine / caustic soda   and propylene. It is primarily used in manufacturing glycerol and unmodified epoxy resins. To a lesser extent, it is used in producing water treatment resins, elastomers,   ion exchange resins , surfactants, plasticizers, adhesives, and lubricants, among others. It also finds application in manufacturing synthetic glycerine, textiles,   solvents , inks and dyes, paper, and surfactants. The compound is also listed in commercial pesticides as an inert ingredient. In the textile industry, the compound is used in modifying carboxyl groups of wool. The end-product has an enhanced and longer resistance to moths. In contex

  The global   polyethylene market   is forecast to reach USD 147.14 Billion by 2027, according to a new report by Reports and Data. Polyethylene is expected to continue to be the most widely used plastic resin in the world, benefiting from its easy processability, versatility, recyclability, and low cost. The market product is used in several applications, such as packaging and cable coverings, films and membrane manufacture, toys, buckets, lids, and containers bottle. Polyethylene is available in different grades, including high-density polyethylene (HDPE) and low-density polyethylene (LDPE), and others. The production of ethylene feedstock from new sources such as coal, shale gas, and bio-based materials will also drive the demand for polyethylene. Furthermore, continuous improvement in polymerization catalyst technologies will also improve the customization, performance, and yield of polyethylene resins. The demand for polyethylene grew significantly in the North America region. Th

  The global   benzene market   is forecast to reach USD 115.42 Billion by 2027, according to a new report by Reports and Data. Benzene is a commodity petrochemical and an aromatic hydrocarbon product. It is manufactured as a by-product in refineries and stream crackers. The demand for the product is fueled by the supply and demand of other products derived from it. Benzene is used in several range of economic sectors such as construction, electrical & electronics, consumer products, pesticides, and construction. The rapid growth of end-user industries has significantly driven the applications for the derivatives globally, thus influencing the market growth. Rise in population, coupled with the increase in disposable incomes, has led to the growth of several bulk materials and consumer products. Low price of the feedstock and economical commodity product prices have also contributed to the higher consumption of benzene derivatives. Asia Pacific dominates the market for benzene owin

 T he global the   insulation coating materials market   was valued at USD 8.95 Billion in 2018 and is expected to reach USD 16.25 Billion by the year 2026, at a CAGR of 8.0%, the insulation coating materials are barrier to heat, insulation coating materials is process done in various applications to maintain the temperatures changes. They maintain energy consumption and increases efficiency. Yttrium, Mullite is the conventional insulating coatings used for insulation. Insulation coating materials applied to weather exposed surfaces and can resist thermal shock absorptions. Insulation coating materials provide a longer shelf life to the substrates. Insulation coating materials are used in Buildings, factories, vehicles, theaters, hotels, Seminar Halls, etc. insulation coating materials have been uitlised in engine rooms, pipes and overheads and so on. Insulation coating materials are used for automotive industries. Insulation coating materials have high used in the petroleum refineries