ChemAnalyst Market Research Report

According to ChemAnalyst report, The significant players in the European ethanol market in H1 2023 were CropEnergies AG, Panonia Ethanol Bio Zrt., Alco Energy Group, and Vivergo Fuels. In June 2023, ArcelorMittal and LanzaTech announced the beginning of operations at carbon capture and utilisation (CCU) facility located in Ghent, Belgium. The investment is worth EUR 200 million and is a first of its kind in the European steel sector. Around half of Belgium's current demand for advanced ethanol, or 80 million litres, can be produced annually at the Steelanol plant. The EU's 2030 Climate Target Plan, which calls for a reduction in greenhouse gas emissions of 55% by the end of the decade, will be advanced by the expected reduction of 125 thousand tonnes of carbon emissions from the Ghent facility annually.  The Europe Ethanol market has reached nearby 7.8 million tonnes in 2022 and is expected to grow at a CAGR of 4.45% during the forecast period until 2035.    Petroche...

The largest producers of Hydrochloric Acid in H1 2023 were INEOS Group Limited, Vynova Group, Kemira Oyj, Kem One SAS, BASF SE, Covestro AG.  In H1 2023, prices for hydrochloric acid in Europe overall remained bearish. The European market for hydrochloric acid was under pressure due to the fundamentals of weak demand and excess supply. In an effort to lessen the consequences of the weak end-use demand from the steel industries, there was a decline in purchasing activity, which led to a reduction in production rates of Hydrochloric Acid. The Europe Hydrochloric Acid (HCl) market has reached around 1530 thousand tonnes in 2022 and is expected to grow at a CAGR of 3.82% during the forecast period until 2032. As the building and automotive industries grow, so does the need for steel and related materials.   As a by-product of the production of several compounds, hydrochloric acid is produced. These substances include vinyl chloride monomer, isocyanates, organics, fluorocarbons, an...

According to ChemAnalyst report, the top Asian producers of Butyl Acetate were Baichuan Chemical Industrial Co., Ltd, Jiangmen Handsome Chemical Development, Celanese Singapore Pte Ltd. Geographically, Asia Pacific region held major shares of the Butyl Acetate market in terms of volume across the globe. However, during the first half of 2023, Butyl Acetate prices showed multiple variations in the Asia Pacific region. Prices for butyl acetate in Asian nations increased from January to the middle of February 2023 as manufacturing expenses increased as a result of high feedstock butanol prices. As the construction sector was in full swing, usage in downstream paints & coatings and adhesive usage also rose Butyl acetate's price, on the other hand, started to trend downward in the middle of February 2023.  The Asia Pacific Butyl Acetate market size was roughly 1480 thousand tonnes in 2022 and is expected to grow at a CAGR of 5.33% during the forecast period until 2032.    ...

The global White Oil market stood around 4300 thousand tonnes in 2021 and is expected to grow at a CAGR of 4.36% during the forecast period until 2035. In March 2021, Hainan Handi Sunshine Petrochemical announced that they will begin running tests on a brand-new unit situated in South China in April 2021. This new plant will have an initial capacity of 700,000 tonnes per year and will include white oils and diesel.  White Oil is synthesized from paraffinic crude and naphthenic feedstock.  White oil is a colorless mineral oil with interesting properties such as high stability, low oxidation rate, high stability, low odor, due to which it grasps interest of numerous industries such as the pharmaceutical and cosmetic industry. The applications of White Oil include cold creams, varnishes, baby oil, makeup removers, and spray tan.  cleansing cream, lubricants, emollients, and more. Its application in the medicinal industry is due to its excellent miscibility property and emplo...