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- Commodity Chemicals Market Resurgence: Addressing Market Challenges with Resilience
Commodity Chemicals Market is thriving on Surge in Industrialization
The commodity chemicals market comprise of basic chemicals that serve as raw materials and intermediates for various end-use industries such as construction, automotive, healthcare, packaging, and others. Commodity chemicals find widespread applications in manufacturing plastics, synthetic rubbers, fibers, solvents, adhesives, agricultural chemicals, and numerous other products.
The commodity chemicals are basic building blocks for a wide range of industrial and consumer goods. Ethanolamines, ethylene, propylene, butadiene, benzene, toluene, xylene,Methanol and formaldehyde are some of the major commodity chemicals. They are widely used as intermediates in various manufacturing processes and end products. The commodity chemicals market is driven by the fast-paced industrialization and infrastructure development activities worldwide. Rapid urbanization and rising disposable income are fueling the sales of end-use commodities like furniture, electronics, textiles, and packaging, thereby augmenting the market growth.
The Global Commodity Chemicals Market is estimated to be valued at US$ 67.72 Bn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030.
Key Takeaways
Key players operating in the commodity chemicals market are BASF SE, Dow Inc., SABIC, and LyondellBasell Industries. BASF SE is one of the leading producers of commodity chemicals globally. Dow Inc. offers a wide range of basic and intermediate chemicals.
Commodity Chemicals Market Resurgence: Addressing Market Challenges with Resilience Commodity Chemicals Market is thriving on Surge in Industrialization The commodity chemicals market comprise of basic chemicals that serve as raw materials and intermediates for various end-use industries such as construction, automotive, healthcare, packaging, and others. Commodity chemicals find widespread applications in manufacturing plastics, synthetic rubbers, fibers, solvents, adhesives, agricultural chemicals, and numerous other products. The commodity chemicals are basic building blocks for a wide range of industrial and consumer goods. Ethanolamines, ethylene, propylene, butadiene, benzene, toluene, xylene,Methanol and formaldehyde are some of the major commodity chemicals. They are widely used as intermediates in various manufacturing processes and end products. The commodity chemicals market is driven by the fast-paced industrialization and infrastructure development activities worldwide. Rapid urbanization and rising disposable income are fueling the sales of end-use commodities like furniture, electronics, textiles, and packaging, thereby augmenting the market growth. The Global Commodity Chemicals Market is estimated to be valued at US$ 67.72 Bn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the commodity chemicals market are BASF SE, Dow Inc., SABIC, and LyondellBasell Industries. BASF SE is one of the leading producers of commodity chemicals globally. Dow Inc. offers a wide range of basic and intermediate chemicals.0 Comments 0 Shares - UV Air Purifier Market Resurgence: Responding to the Need for Healthier Indoor Environments
UV air purifier: Understanding the Benefits of UV Air Purification
What are UV air purifiers?
UV air purifiers use ultraviolet (UV) light to kill microorganisms like bacteria, viruses, and mold in the air flow passing through the purification system. UV light has a wavelength shorter than visible light but longer than X-rays. Its wavelength range is between 400-100 nanometers. When microorganisms are exposed to UVC light between 200-280 nanometers, it damages their DNA and RNA, rendering them unable to multiply and cause infection or illness.
How do they work?
UV purifiers channel airflow through a chamber that houses UV light bulbs or lamps. As contaminated air passes through this chamber, the UVC light emitted by the UV bulbs interacts with the microbes and damages their DNA/RNA. This disruption to their genetic material prevents the microbes from reproducing and effectively sterilizes them. The purified air exiting the purifier is free of airborne microorganisms that can cause allergies, illnesses, and spread infections.UV Air Purifier Market Resurgence: Responding to the Need for Healthier Indoor Environments UV air purifier: Understanding the Benefits of UV Air Purification What are UV air purifiers? UV air purifiers use ultraviolet (UV) light to kill microorganisms like bacteria, viruses, and mold in the air flow passing through the purification system. UV light has a wavelength shorter than visible light but longer than X-rays. Its wavelength range is between 400-100 nanometers. When microorganisms are exposed to UVC light between 200-280 nanometers, it damages their DNA and RNA, rendering them unable to multiply and cause infection or illness. How do they work? UV purifiers channel airflow through a chamber that houses UV light bulbs or lamps. As contaminated air passes through this chamber, the UVC light emitted by the UV bulbs interacts with the microbes and damages their DNA/RNA. This disruption to their genetic material prevents the microbes from reproducing and effectively sterilizes them. The purified air exiting the purifier is free of airborne microorganisms that can cause allergies, illnesses, and spread infections.0 Comments 0 Shares
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