Inorganic Chemicals Market - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

1. Global Inorganic Chemicals Market- Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

2. REPORT DESCRIPTION Global Inorganic Chemicals Market Overview Inorganic chemicals are a combination of two or more elements other than carbon. Carbon monoxide, carbon dioxide, carbides, carbonates, and cyanides are exceptions, as these are inorganic chemicals despite having carbon. Rising demand for inorganic chemicals in the fertilizers industry is expected to be one of the prime factors driving market growth. Moreover, due to stringent government regulations and stagnant economy in the developed countries of North America and Europe, the market is estimated to fuel growth of the market in emerging economies of Asia Pacific and Middle East. Inorganic Chemicals Market Challenges – Fluctuating Crude Oil Price and Stringent Government Regulations Fluctuating prices of crude oil and natural gas is expected to significantly dampen growth of inorganic chemicals market. Crude oil and natural gas are the basic building blocks of numerous inorganic chemicals industry. Moreover, the Frank R. Lautenberg Chemical Safety for 21st Century Act upon Toxic Chemicals and Chinese State Environment Protection Administration and General Administration of Custom has enforced strict regulation upon import and export of certain hazardous chemicals and pesticides. These are few challenges for inorganic chemical manufacturing company during the forecast period.

3. REPORT DESCRIPTION

4. REPORT DESCRIPTION Inorganic Chemicals Market Outlook – Surge in Demand for Ammonia for Agricultural Application Augmenting Market Growth Population explosion witnessed over the last five decades has put considerable strain upon the already stretched thin agricultural sector. Moreover, rapid urbanization led to steep fall in farmland which force down the farmer for duel cultivation, characterized by large volumes of fertilizers being used to maintain optimum soil fertility. Nitrogen-based fertilizers are widely used by farmers, as it is easily available, cost-effective, and rather effective in increasing fertility of the soil. This in turn is expected to fuel the inorganic chemicals market during the forecast period. Key players in the inorganic chemicals market include Akzo Nobel, BASF SE, Bayer, The Dow Chemicals Company, DuPont, Evonik Industries, Formosa Plastics, Ineos, LG Chem, LyondellBasell Industries, Mitsubishi Chemicals, Sabic, The Royal Dutch Shell, Sinopec, Sumitomo Chemicals. Strategic mergers and acquisitions is the new trend in the industry. For instance, BASF SE and Avantium on March 15, 2016, collaborated to establish production and marketing of furandicarboxylic acid and PEF based. Moreover, May 10, 2016, BASF SE launch new cross linking and water based dispersion coating product. Request Customization Of Research Report @https://www.coherentmarketinsights.com/insight/request-customization/265

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