MRO Magazine

Global Inorganic Chemicals Market to Grow 4.5% by 2022 – Rising Fertilizer Industry – Research and Markets


June 28, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global Inorganic Chemicals Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 – 2022” report to their offering.

The global inorganic chemical market is forecasted to grow at a CAGR of 4.5% during the forecasted period of time.

The inorganic chemical market is forecasted to grow at a higher rate in future due to its rapid growth and rising fertilizer industry in all over the world. Another major factor which drives this global market is due to its rising end users’ applications like industrial products and paint & coatings etc. which are also helpful in boosting this market. Rising chemical industry is considered as another factor that propels the growth of the market in near future.

Although there are many factors which drive this market, but still there are various challenges which are faced by the market such as high research and development cost and lack of technical expertise etc. There are also various restraints which are faced by global inorganic chemical market which are complexities and improper handling of chemicals or acids etc. The major factor which restrains the market growth is impact of inorganic chemicals on environment which directly affects the growth of the market and it is going to be key factor hampering the growth of the market.

On the basis of geography, Europe, Asia Pacific, North America, and ROW are the major segments of this global inorganic chemical market. Asia would be the fastest-growing market in inorganic chemical. The major reason behind the success of this region is raising industrial market in developing countries like China, India etc. However, North American region holds the largest market share in inorganic chemical market due to rising end-user industry and so on.

Companies Mentioned:

  • Akzo Nobel
  • Basf Se
  • Bayer
  • Dow Chemical
  • Dupont
  • Evonik Industries
  • Formosa Plastics
  • Ineos
  • Lg Chem
  • Lyondell Basell Industries
  • Mitsubishi Chemical
  • Sabic
  • Shell
  • Sinopec
  • Sumitomo Chemical

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Geographical Analysis

6. Company Profiling

For more information visit http://www.researchandmarkets.com/research/f8g8h8/global_inorganic

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716