Thursday, May 26, 2022

Global Zinc Oxide Industry Report: Analysis and Forecast 2022-2027

Global Zinc Oxide Industry Report: Analysis and Forecast 2022-2027

Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices by Zinc Oxide report

Zinc Oxide Industry Report

The zinc oxide was valued to be worth USD 4.03 billion in 2021. In the projection period of 2022-2027, the industry is expected to grow at a CAGR of around 4.5 percent, achieving a value of around 5.25 billion by 2027.

The zinc oxide industry report broadly studies the industry, together with important segments, movements, drivers, constraints, the competitive landscape, and other critical market features. The implementation of zinc oxide in different domains such as healthcare, cosmetology, petrochemical, and many others, is primarily in the industry, which is propelling the market growth. The Asia Pacific is the biggest category spender by region which is impelling the demand for the zinc oxide industry.

Zinc Oxide: Industry Definition and Segmentation

Scope

Zinc oxide is an inorganic material that naturally exists as the mineral zincite; although, the preponderance of zinc oxide is fabricated. It is a white powder that is water-insoluble. Skincare, feed additives, elastic bands, polymers, earthenware, glassware, concrete, lubricate, oils, lotions, adhesives, and other production methods all use it.

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The Zinc Oxide industry report comprises segments:

  • By application - Rubber, Ceramics & Glass, Chemical, Agriculture
  • By region - North America, Europe, Asia Pacific, the Middle East, Africa, and South America

Snapshot of the Report

The regional markets for the industry can be divided into North America, Europe, Asia Pacific, the Middle East, Africa, and South America.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/zinc-oxide-industry-report

Category Drivers

The substance is widely employed in the pharmaceutical sector to make medications such as ointment and other medications, which is fueling the industry's growth. Another factor increasing zinc oxide demand in cosmetics and personal care products such as makeup, baby lotions, bath soaps, and foot powders. In over-the-counter (OTC) drug products, it's used as a bulking agent, a colorants, a skin protectant, and a sunscreen. Because of its qualities, the compound is employed in the electronics industry, which contributes to the market's growth. Zinc oxide is in high demand in the electronics industry for use in biocompatible and biosafe metal-oxide-based semiconductors, making it perfect for sensor/transducer applications.

Category Insight by Region

China is the world's largest producer and consumer of zinc oxide, as well as the world's largest exporter. Furthermore, the presence of a substantial industrial base in the area, which houses several businesses such as glass, pharmaceuticals, and rubber production, is expected to promote zinc oxide market expansion in the region. In addition, the rising use of rubber in the vehicle industry for tyres, anti-vibration systems, transmission systems, moulded components, replacement parts, body sealing systems, adhesives, and other applications is moving the market forward.

The product's use in rubber manufacture is primarily driving the market. Zinc oxide is used as a vulcanising agent in the vulcanization of rubber to improve durability, which is used to create tyres and other products, boosting demand from the automotive industry. However, the market's expansion is anticipated to be limited by strict regulatory restrictions regarding the usage of zinc oxide due to its negative health impacts.

Best Procurement Practices

The global zinc oxide industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of zinc oxide products across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

In the industry, pyrometallurgical synthesis, hydrometallurgical synthesis, and as a by-product of other chemical processes are all used to create ZnO on a big scale. Pyrometallurgical synthesis can be done in three ways: direct, indirect, and spray pyrolysis. Zinc metal is evaporated and exposed to air in a container for rapid oxidation. To make ZnO powder, zinc is combusted and then cooled. The quality of the raw material has a considerable influence on the quality of the finished product. A high-purity feedstock is required to manufacture a high-purity (>99%) zinc oxide product. ZnO particles in the 30-2000 nm size range are used in the indirect approach. The particle size can be changed by altering the airflow and flame turbulence.

The second-largest amount of ZnO is produced via the direct approach. Zinc metal is generated via reduction as the first step in this process. In the same way, as the indirect approach was done, the metal complex is evaporated and oxidised. Spray pyrolysis is used to degrade zinc salts into ZnO. This approach can be used to make uniform particles with a big surface area. Active zinc-oxide is a large-surface-area material. Active zinc oxide is created via a two-step process. The first stage is the calcination of zinc wastes to hydrozincite, followed by the breakdown of hydrozincite.

As a by-product of sodium dithionite synthesis, ZnO is produced. Zinc carbonate precipitates and ZnO is formed because of this technique, which includes filtering, drying, and calcination or alkali treatment. There are various small-scale manufacturing methods for ZnO. Precipitation, solvent extraction, thin film deposition, and gas-phase synthesis are examples of small-scale processes. ZnO nanoparticles are made via physical, chemical, and biological methods. Physical vapour deposition, arc-plasma process, thermal evaporation, and ultrasonic irradiation are examples of physical techniques. Thermal evaporation can be used to create ZnO nanotubes having photocatalytic properties. This approach is also simple, low-cost, and doesn't require the use of any catalysts. Chemical techniques such as microemulsion, sol-gel, precipitation, chemical reduction, and chemical vapour deposition are also used to create ZnO nanostructures.

Key Supplier Profiles included in Zinc Oxide Industry Report

The key market players are U.S. Zinc Corporation, Zinc Oxide LLC (parent company of Zochem), Umicore N.V., and EverZincOrica Limited.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments in the market.

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About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

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Wednesday, April 20, 2022

Global Nutmeg Industry Report: Analysis and Forecast 2022-2027

Global Nutmeg Industry Report: Analysis and Forecast 2022-2027

Nutmeg Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global nutmeg market reached a value of about 130 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 6% in the forecast period of 2022-2027 to reach a value of around 180 thousand tonnes by 2027. The prices of nutmeg in 2021-2022 are expected to be affected as the price of nutmeg and mace has risen significantly due to a scarcity of the product on the market, including several other difficulties that have encouraged farmers to expect higher prices. The key demand indicator in the industry report is the highest category spender by region - Asia Pacific.

Nutmeg: Industry Definition and Segmentation

Scope

Nutmeg is the seed or ground spice of several Myristica species. Myristica fragrans (fragrant nutmeg or true nutmeg) is a dark-leaved evergreen tree used to produce two spices: nutmeg (from the seed) and mace (from the seed covering).

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The nutmeg Industry report comprises segments by:

  • Nature (Organic and Conventional)
  • Application (Skin Care, Hair Care, Soap Making, Retail/Household and others)
  • Distribution Channel (Business to Business and Business to Customers)
  • Region (North America, Latin America, Europe, South Asia, East Asia, Oceania and the Middle East and Africa)

Snapshot of the Report

The regional markets for categories can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/nutmeg-industry-report

Category Drivers

An increase in international trade due to the increased popularity of Asian cuisines such as Indian and Thai cuisines among the Western community, and a high growth in the oleoresin sector, are some of the factors driving the market expansion for nutmeg during the forecast period. It is mainly farmed and exported in Guatemala, India, and Indonesia, with main import destinations including Europe, the Middle East, and the United States. However, it is an Asian spice that's catching on in other parts of the world. For example, it's one of Europe's most widely used spices. In addition, the growth of ethnic cuisines like Indian and Thai has increased food makers’ demand for spices like nutmeg among food makers.

Category Insight by Region

Most of the nutmeg spice is consumed in Asia and the Middle East. The spice's popularity is explained by the great variety of regional dishes that employ it as a key spice constituent, and the long-standing practise of using it in medicine. Guatemala, India, and Indonesia are nutmeg’s top producers and exporters. In addition, the growth of the oleoresins sector has strengthened the nutmeg market in the region. Oleoresins are fascinating ingredients for food manufacturers to utilise in ethnic dishes, including spices like nutmeg. Nutmeg oleoresin is extracted in countries such as India and Sri Lanka, with export possibilities in the region. In Europe and the United States, these extractions are in high demand. Due to rising demand from the international community, the nutmeg market is likely to grow during the forecast period.

Aflatoxin Contamination of Nutmeg Caused during the Post-Harvest Stage

Some fungi thrive due to the traditional method of sun-drying nutmegs, such as Aspergillus flavus. Because aflatoxin (AFs), a secondary metabolite of A. flavus, is known to be harmful, the dried nutmeg kernel must be aflatoxin-free before being exported. Unfortunately, aflatoxin detection takes time and money, making it difficult to do at the farm level. Several technologies, such as high-performance liquid chromatography (HPLC), liquid chromatography-mass spectrometry (LC-MS), and enzyme-linked immune assay (ELISA), have been developed to assess aflatoxin levels. However, they are all time-consuming, expensive, and dangerous. As a result, a system that can detect aflatoxin levels quickly, cheaply, non-destructively, and easily is needed, particularly at the farmer level.

Best Procurement Practices

The global nutmeg Industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major consumers of nutmeg across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

Because of the large quantity and variety of aromatic compounds in the nutmeg fruit’s seed and mace, nutmeg and mace have been used as spices for ages. For their flavouring characteristics, nutmeg and mace, both dried and crushed, are widely used in the culinary industry. The fragrant oil content of nutmeg seeds ranges from 30 to 55 percent, with 5-15 percent being "essential oil" and 24-40 percent as "fixed oil" or "nutmeg butter".

Key Supplier Profiles included in the Global Nutmeg Industry Report

The major players in the market are Royal Spices, McCormick & Co. Inc., Olam International, P. C. Kannan and Co., Eastmade Spices, and Herbs Private Limited.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliers.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Global Health Economics and Outcomes Resource (HEOR) Industry Report: Analysis and Forecast 2022-2027

Global Health Economics and Outcomes Resource (HEOR) Industry Report: Analysis and Forecast 2022-2027

Health Economics and Outcomes Resource (HEOR) Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices

The global HEOR market reached about USD 1364.3 million in 2021. The market is further projected to grow at a CAGR of nearly 11.14% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027. The prices of HEOR in 2021-22 are expected to be affected by the shortage of skilled labour due to the investment in technology and infrastructure. While the key price indicator is manpower, overheads, software, and database, the key demand indicator is the highest category spender by region—North America.

HEOR: Industry Definition and Segmentation

Scope:

The HEOR functionality in a pharmaceutical or life science company is to produce evidence and proofs of the value of a new medicine or drug and other intervention for reimbursement and healthcare payers.

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The HEOR service industry report comprises of segments based on applications such as:

  • Drug application includes developing drugs and approved drugs.
  • Service applications include real-world evidence, payer evidence, pricing and reimbursement, epidemiology studies, and market access.
  • Offering applications are outsourced and in-house.
  • End-use includes healthcare providers, government organizations, biotech and pharma companies, and healthcare payers.

Snapshot of the Report

HEOR services outlook consists of Industry segmentation: Impact forces, key drivers, development, competitive structure, challenges. HEOR by application is divided into the market by drug, market by service, market by offering, market by end-use.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/heor-service-industry-report

The regional markets for the industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Category Drivers

Mandatory HTA submission requirements primarily drive the HEOR market, and the growing impact of real-world evidence in P&R. Pharmaceutical companies are being forced to expand beyond their comfort zones, such as employing big data analytics and m-health technologies, which is driving a lot of outsourcing. In addition, cost-cutting in the pharmaceutical industry has led to a rise in outsourcing these services without increasing headcount.

The HEOR procurement is affected by the lacking experience with genetics and defining sub-group populations to demonstrate effective outcomes. Furthermore, there is a lack of standardization in the HTA requirements.

Category Insight by Region

North America is predicted to carry an essential share over the forecast period registering the fastest growth within the HEOR market. North America and Europe will have a moderate regional supply, capacity addition, and buyer power, whereas Asia will have moderate regional supply and buyer power and low-capacity expansion. Availability of digital platforms and data analytics, demand from payers and HTA bodies in North America and Europe is higher than in Asia.

HEOR Billing

Clinical service billing rate varies depending on the project and the client’s needs. The billing rates are influenced by client-related parameters such as client size and type (pharma/biotech), the client spends on specific clinical categories, the complexity of services/procedures, length of engagement, etc. Apart from Client- related factors, supplier and market-related factors also influence the HEOR billing like for supplier-related factors, type of suppliers engaged: CRO/ technology providers/specialists; Availability of clinical unit, facility, equipment; technology investment; partnership with other firms like hospitals, patient recruitment organizations, technology providers.

Market-related factors like new technologies in the clinical sector; regulatory compliance, inflation, compliance to new regulation/industry guidance by FDA/WHO/CDC.

Demand/Supply Overview

Due to a shift in clinical trials to these regions, availability of patient pool, lower FTE rate, and rapid technology integration by suppliers, the move to virtual has exacerbated demand in developed economies. However, the APAC region will see moderate demand due to shifting clinical trials to these regions, availability of patient pool, lower FTE rate, and rapid technology integration by suppliers. Most HEOR is outsourced to global players (consultants or CROs), who then hire specialized players as needed. Fee-for-service and T&M are the most common pricing words in this category. As the market consolidates, the sector is moving toward strategic alliances with end-to-end service providers. For example, in the early stages of a project, it may be necessary to hire specialty consultants on a day-rate basis to gather preliminary data for candidate selection. As a result of supplier base consolidation, pharma companies will form strategic agreements with full-service HEOR providers rather than sub-category experts in the future.

Best Procurement Practices

The global HEOR industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major consumers of HEOR across the globe, such as engagement models, sourcing strategy, pricing model, contract model, technology strategy, governance model, and order management.

Category Management Studies

The necessity to evaluate the market for potential and effective product pricing is increasing due to an increase in the number of pharmaceuticals in large pharma product pipelines and the desire for orphan drugs to address unmet medical requirements of patients. In addition, the entry of disruptive technologies, such as big data analytics and m-health, is expected to increase in the future, as more HTA organizations around the world require real-world evidence. As a result, the market is expected to grow further, primarily due to the increasing requirement of evidence-based approaches to demonstrate the value of the drug.

Key Supplier Profiles included in the Global Health Economics and Outcomes Resource (HEOR) Industry Report

The major players in the market are IQVIA, Medpace, Convance, Syneos Health, McKesson Corporation. The report covers capacity additions, investments, mergers and acquisitions, and other latest developments of the suppliers.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Global Beef Industry Report: Analysis and Forecast 2022-2027

Global Beef Industry Report: Analysis and Forecast 2022-2027

Beef Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global beef market reached a value of USD XXXX million in 2021. The industry is further expected to grow at a CAGR of about XX% in the forecast period of 2022-2027 to reach a value of USD XXXX million by 2027. The prices of beef in 2021-2022 are expected to be impacted as the prices of beef have increased considerably due to robust domestic and international demand, shortages of labour due to COVID-19 restrictions, disruptions in the supply chain, and high production management and feed costs. The key demand indicator is the highest category spender by region—the United States.

Beef: Industry Definition and Segmentation

Scope

The meat that comes from various breeds of cattle is called beef. It is classified as red meat which comprises a higher amount of iron than poultry or fish. Beef meat is generally eaten as roasts, ribs, or steaks and is commonly grounded to be used as patties in hamburgers. Processed beef commodities on the other hand consist of corned beef, beef jerky, and sausages. Slender and fresh beef is rich in several minerals and vitamins, especially iron and zinc.

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The beef meat market is segmented based on:

  • ‘Cut’, such as Brisket, Loin, shanks, ribs, round, etc.

Snapshot of the Report

The regional markets for the industry can be divided into the United States, Brazil, and European Union.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/beef-industry-report

Category Drivers

One of the major key drivers for the increase in the demand for beef meat is its high protein and low-fat content which is leading people globally to include the meat in their diet as a healthy substitute. Today, more and more people with higher spending power and improved standards of living are helping the beef market to grow at a higher speed. This growing movement of consuming lean protein is projected to provide several opportunities to various meat processing vendors and food companies to put their money into the beef industry. Other important drivers are the entry of a variety of cold storage substitutes and an extraordinary rise in the number of domestic butchers that are helping in the growth of the global beef market. Additionally, the United States is the greatest consumer of beef worldwide along with China, the European Union, Brazil, and India. Brazil, Australia, the United States, India, Argentina, New Zealand, and Canada export the maximum volume of beef meat across the world.

Category Insight by Region

The United States is the biggest producer of beef in the world, followed by Brazil and the European Union. All three regions accounted for approximately 50% of the total beef production globally. The United States alone produced 12,379 metric tonnes of beef in 2020 which is 20% of the total beef produced in the year worldwide. Brazil, Australia, the United States, India, Argentina, New Zealand, and Canada export the maximum volume of beef globally. Additionally, the United States is the greatest consumer of beef worldwide along with China, the European Union, Brazil, and India. Along with developed nations like the United States, beef consumption in several developing regions such as Asia Pacific, Latin America, the Middle East, and Africa has grown over the past few decades. The worldwide supply chain of beef significantly influences the total pricing of beef and beef-related commodities.

Best Procurement Practices

The global beef industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major consumers of beef across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

Due to its high protein and low-fat content beef meat is being included in the diet as a healthy substitute. Beef meat is widely used in hamburgers, steaks, roasts, and packed meat used as corned beef, beef jerky, and sausages. The beef meat market is segmented based on ‘cut’, such as Brisket, Loin, shanks, ribs, round, etc. A major share of beef market revenue in 2020 was mainly due to the higher demand for shank, ribs, round, chuck, plate, and flank of beef. Furthermore, there is a rise in demand for grass-fed brisket due to its low-fat and low calories content than normal beef.

Key Supplier Profiles included in the Global Beef Industry Report

The major players in the market include JBS USA, Tyson Foods, National Beef Packing Co., Cargill Meat Solutions Corp., Marfrig, and Seaboard.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliers.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Global Phenol Industry Report: Analysis and Forecast 2022-2027

Global Phenol Industry Report: Analysis and Forecast 2022-2027

Phenol Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global phenol market reached a value of about USD 19.44 billion in 2021. The industry is projected to grow at a CAGR of around 4.2 percent in the forecast period of 2022-2027 to reach a value of USD 24.07 billion by 2027. The phenol market has experienced a negative impact on account of the rapid spread of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governments of several countries, which has resulted in a labour shortage, supply chain disruptions, and limited availability of raw materials. Nevertheless, due to the extensive and diverse applications of phenol for industrial purposes, cosmetics, and household products, the raw material has gained momentum again. The key demand indicator is the highest category spender by region— Asia Pacific.

Phenol: Industry Definition and Segmentation

Scope

Phenol or carbolic acid is a fragrant white crystalline solid. It is an organic compound with the molecular formula C6H5OH. Phenol finds extensive and diverse applications, especially through its downstream products. It is obtained through the Cumene process, Dow process, and Raschig–Hooker process, among others. It finds most of its usage in the conversion to precursors for plastics. In the pharmaceutical sector, phenol finds its application as a precursor of drugs like aspirins, and other pharmaceutical drugs. It is also employed as a remedy for pharyngitis. It is majorly used for manufacturing household products like detergents, as an intermediate, and as a derivative in the production of nylon, herbicides, epoxies, and cosmetics.

Get a Free Sample Report with Table of Contents: - https://www.procurementresource.com/reports/phenol-industry-report/request-sample

The phenol market industry report comprises segments based on:

  • End-use products – This segment is divided into Bisphenol A, Phenolic Resins, Caprolactam, Alkyl Phenyls, among others
  • Region-wise - Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America

Snapshot of the Report

The major regions in the industry are North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific accounts for the greatest market share of 52.5 percent.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/phenol-industry-report

Category Drivers

Rapid economic development around the world has majorly contributed to construction activities in the residential and commercial domains. Since phenolic resins are used in the production of plywood, laminated beams, and flooring panels, this has increased the market growth. Phenol finds substantial applications as an industrial cleaner for machinery parts and electronic devices; as a starting material for plastics and explosives such as picric acid; as a raw material in the manufacturing of drugs and antioxidants; as a basic material in wood preservatives such as creosote; for making intense colored dyes; and in everyday products such as mouthwash, liquid detergents, inks, floor cleaners, and disinfectants.

Besides, phenolic resins are used in the manufacturing of thermosetting plastics which are further utilised in the production of electrical components such as electron tubes, insulators, and sockets. Apart from this, paper phenolics are employed for manufacturing household laminates and paper composite panels; and glass phenolics are used in the high-speed bearing market. Additionally, the rise in the demand for molding uses of phenolic resins for several purposes including, sharp grinding wheels, rubbing linings, and intractable products, because of their high elasticity, heat resistance, and dimensional stability, is leading to the growth of the market. Along with other factors, various government initiatives to aid and promote local assembling activities are driving the attention for phenolic resins in the building and construction industry.

Category Insight by Region

The Asia Pacific region was the leading regional phenol market with a market share of about 52.5 percent in 2021. Followed by the Asia Pacific are Europe and the United States as the leading markets for the product, with Europe occupying 22.4 percent of the global phenol market and the United States accounting for about 17 percent of the industry. The Asia Pacific phenol market is growing due to the increasing government initiatives for the construction and chemicals industries such in China and India.

Besides, North America is projected to expand at an increasing rate owing to the rising number of chemical companies in countries like the US and Canada. Europe is likely to account for a substantial share in the international market for phenolic resins, whereas East Asia is estimated to face a major growth all through 2029. The increasing domestic output and consumption of phenolic resins for multiple applications through various end-use industries are expected to largely drive the market growth.

Best Procurement Practices

The global phenol industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of phenol by-products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

Phenol is important to produce other chemical products like phenolic adhesives, polycarbonates, and epoxy resins which are used as essential raw materials for numerous industry sectors. Phenol is applied to many kinds of end products such as plywood, window glazing, flooring and countertop laminates, televisions, computers, household appliances, sports equipment, and boats. Benzene and propylene are used to first produce cumene, which is later oxidised to develop into hydroperoxide, prior to their splitting into phenol and its co-product, acetone. Bisphenol A (BPA), which is produced from phenol and acetone is the only biggest market for phenol. BPA further is utilised to manufacture polycarbonate and epoxy resins. When it is countered with bromine, BPA forms fire retardant tetrabromobisphenol A. It is also applied to produce engineering thermoplastics like polysulfones and polyacrylates.

Key Supplier Profiles included in the Global Phenol Industry Report

The major players in the industry are INEOS Group, Mitsui Chemicals Inc., Honeywell International Inc., Shell Chemical Co., and Solvay SA, among others.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Global Sodium Cyanide Industry Report: Analysis and Forecast 2022-2027

Global Sodium Cyanide Industry Report: Analysis and Forecast 2022-2027

Sodium Cyanide Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices

The global sodium cyanide market reached a value of about USD XX billion in 2021. The industry is projected to grow at a CAGR of around XX percent in the forecast period of 2022-2027 to reach a value of USD XX billion by 2027. Like various major industries, regions, and economies, the COVID-19 pandemic has adversely impacted the sodium cyanide market as well. Nevertheless, with several government measures across the globe to control the pandemic crisis and increasing demand from end-use industries, the market is regaining its normal progress rate globally. The key demand indicator is the highest category spender by region— Asia Pacific.

Sodium Cyanide: Industry Definition and Segmentation

Scope

Sodium cyanide refers to an inorganic compound with the chemical formula, NaCN. It is a clean and clolourless sodium salt and is a water-soluble solid. Cyanide has a superior resemblance to metals, which results in the high level of toxicity of this salt. The key application sector for the product is gold mining, which also exploits the high metal reactivity of the product. It is an enormously poisonous substance that blocks many metabolic processes and is often used as a test reagent for the role of chemoreceptors. Moreover, it is also used in a variety of industrial applications such as mining (extraction), Electroplating, and others.

Get a Free Sample Report with Table of Contents: - https://www.procurementresource.com/reports/sodium-cyanide-industry-report/request-sample

The sodium cyanide market industry report comprises segments based on:

  • End-use products- mining, chemical, and other end-user industries.
  • Region-wise - the global sodium cyanide market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Snapshot of the Report

The major regions in the industry are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/sodium-cyanide-industry-report

Category Drivers

The global sodium cyanide market is being driven by the growing mining activities, especially in the Asia Pacific region. The ever-increasing demand for precious metals like gold is encouraging increased mining in the region, by both national and international mining companies. The easy availability of feedstock, hydrogen cyanide, is aiding the market growth in the region. The demand for precious metals is aiding the growth of precious metals mining industries, especially in regions like Africa and Oceania, where the demand for sodium cyanide is growing.

The mining industry is also witnessing healthy growth in the United States due to favourable changes in the policies; thus, further propelling the sodium cyanide industry forward. The market is also driven by the growing demand from the application sectors like chemical intermediates and other materials. The use of sodium cyanide in the electroplating industry is also supporting industry growth. Its excellent blending property makes it a useful intermediate in the electroplating industry. Likewise, sodium cyanide has been widely used by electroplating companies across the world for its better blending properties.

Category Insight by Region

The Asia Pacific, the prominent exporting base of sodium cyanide, is expected to witness high growth rates in terms of demand. The rapid increase in mining activities in the region, along with the growing electroplating industry, is pushing the growth of the sodium cyanide market further. Both supply and demand in the region are quite high in the region. Nearly half of the global supply of sodium cyanide is supplied by the Asia Pacific region, the primary drivers being the region’s readily available feedstock and high-capacity installation. The Asia Pacific is the largest exporter of sodium cyanide due to the surplus production in Asia owing to the low labour cost in the manufacturing of sodium cyanide, as compared to North America and Europe.

Southeast Asia exports a significant volume of sodium cyanide to the West African region, like Ghana and Burkina Faso. China, a significant market within the Asia Pacific region, has a high domestic demand for sodium cyanide. It is also a major exporter, exporting to countries like Latin America, Africa, and India. North America follows the Asia Pacific as the leading supplier and exporter of the substance. North America is one of the major exporting regions due to its surplus capacity. The region majorly exports to Latin America and Mexico and is a net exporter of the substance. The market in the region is being propelled forward by the easy availability of feedstock, and the close access to the mining sites.

Best Procurement Practices

The global sodium cyanide industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of sodium cyanide end use products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

Sodium cyanide is manufactured by curing hydrogen cyanide (HCN) with sodium hydroxide. Since the salt compound is produced from the use of weak acid, sodium cyanide promptly returns to HCN through the hydrolysis process, releasing tiny amounts of hydrogen cyanide, that smell like bitter almonds. It is a dangerous process that represents a substantial risk related to cyanide salts. Moreover, it is purified most effectively with hydrogen peroxide to generate sodium cyanate and water.

A solution of sodium cyanide is typically used to leach gold from ore in most gold mining operations. There are two forms of leaching method – heap leaching and vat or tank leaching. Heap leaching is done by spraying cyanide solution over huge heaps of crumpled ore spread over a giant collection of pads whereas in the vat leaching method the ore is combined with cyanide solution in big tanks. Likewise, another most used method of applying cadmium coating is electroplating. Electroplating or cadmium plating is done through cyanide baths that consist of a mixture of cadmium oxide and sodium cyanide to produce Na2Cd(CN)4.

Key Supplier Profiles included in the Global Sodium Cyanide Industry Report

The major players in the industry are Anhui Shuguang Chemical Group, Cyanco Corporation, Chemours Company, Orica Limited, Taekwang Industrial Co., Ltd., CyPlus GmbH, Tongsuh Petrochemical Corp., Ltd, Sasol Limited, Unique Chemical Limited, and Australian Gold Reagents Pty Ltd., among others.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Global Soybean Industry Report: Analysis and Forecast 2022-2027

Global Soybean Industry Report: Analysis and Forecast 2022-2027

Soybean Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global soybean market reached a value of USD XX billion in 2021. The industry is further expected to grow at a CAGR of about XX% in the forecast period of 2022-2027 to reach a value of USD 162.36 billion by 2027. Soybean is extensively utilised as vegetable oil and applied significantly as a resource for industrial purposes such as soy milk, soy flour, soy protein, etc. Although the COVID-19 pandemic and related lockdowns had a minimal impact on the soy market, however, since restaurants were non-operational during the pandemic soy oil which is one of the key soybean products faced a considerable drop in production and consumption. The key demand indicator is the highest category spender by region— China and Spain.

Soybean: Industry Definition and Segmentation

Scope

Soybean is also known as soya beans is an annual legume and an edible seed of the pea family (Fabaceae). Its scientific name is Glycine max. Soybeans are the most economically important bean in the world, supplying plant protein for millions of people plus ingredients for a lot of chemical products. It is the most important source of protein for livestock feed, which, in return, provides animal protein for human consumption. They consist of considerable quantities of phytic acid, B vitamins, and dietary minerals. Soy vegetable oil, extensively used in food and industrial applications, is a substantial soybean processing product. Furthermore, soybean is believed to be an almost-perfect dairy replacement with products like soy curd, tempeh, tofu, and soy milk.

Get a Free Sample Report with Table of Contents: - https://www.procurementresource.com/reports/soybean-industry-report/request-sample

The soybean market industry report comprises segments based on:

  • End-use products
  • Application

By application, the market is divided into:

  • Animal feed
  • Aquafeed
  • biofuel
  • Food and beverages
  • Personal care
  • Dietary supplements,
  • Pharmaceuticals,
  • Lubricants,
  • Industrial solvents,
  • Adhesives,
  • Building materials
  • Others

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/soybean-industry-report

End-use segments are divided into:

  • Whole soybean
  • Fermented soybean
  • Non-fermented soy food
  • Meal
  • Oil

Geographically, the important segments in the international soybean market are:

  • North America
  • Latin America
  • Europe
  • The Asia Pacific
  • The Middle East and Africa

Snapshot of the Report

The regional markets for the industry can be divided into are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Category Drivers

The main factors that are driving the growth of the global soybean industry are increasing spending power of the people, rising population and urbanisation, growing demand from the crushing industry, increasing health and wellness awareness owing to the higher standard of living, high demand for dairy substitutes, and growth in the automobiles and construction sectors. People across the globe have become more health-conscious which is leading them to shift to healthier cooking oil alternatives like soybean oil, especially in developed nations, such as the United States. Additionally, the growth in the adoption of vegetarianism in the western regions of the world due to the acceptance of plant-rich proteins in the diet is another important driver for the growth of the soybean market. Soybean oil-producing companies are topping up their output so that they can distribute their products at reasonable prices.

Category Insight by Region

The global soybean market in terms of production is led by the United States. The region provides about 34 percent of international output. Followed by the United States, Brazil, Argentina, China, and India are accounted as the other largest manufacturers of soybean. The primary exporting regions include the United States, Brazil, Argentina, Canada, and Paraguay. Brazil exports a significant volume of soybean to China and Spain (around 80 percent), making it the largest soybean exporter globally.

The United States is one of the prominent exporters of soybean, which exports mainly to China and Mexico. China is one of the largest soybean consumers, with the consumption of more than 30 percent of the total global soybean output. China is followed by the United States, Argentina, Brazil, and the European Union. Around 60 percent of the soybean imports in China are used to meet the regional demand, specifically in the soy meal and soy oil industry. European Union, Mexico, Egypt, and Argentina are the other importers of soybean. Additionally, owing to the enormous rise in the population, emerging economies, the increasing awareness to include the high protein content of soybean in the diet, growth of the animal feed industry, and nutraceuticals the Asia Pacific region is projected to lead the demand for soybean in the future.

Best Procurement Practices

The global soybean industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of soybean by-products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

One of the most important pulse crops supplying a great amount of protein and oil requirements globally is soybean. Management of the nutrient level of the soil is a key aspect of achieving a greater output of crops. Efficient management of nutrients also supports the crop to survive with various kinds of biotic and abiotic stress. For the soybean crop, a total of fifteen nutrients are required consisting of macronutrients such as nitrogen, phosphorous, potassium, calcium, magnesium, and sulphur, which are comparatively needed in large quantities, and nine micronutrients which comprise iron, boron, zinc, cobalt, copper, manganese, molybdenum, nickel, and chlorine.

With the help of soil incorporation or foliar spray of commercially available fertilizers, such nutrients are supplied to the soybean plants. Numerous collaborative aspects are accountable for the excellent harvest of the soybean crop. Factors like selecting the variety wisely, engaging in superior agronomic practices, and coping with the production restrictions strategically can enhance soybean production that can help meet the increasing demand for soybean crops. The soybean crops are further processed into oil by following steps like preparation and dehulling, extraction, desolventizing, oil refining, and processing.

Key Supplier Profiles included in the Global Soybean Industry Report

The major players in the industry are Olam International, Fuji Oil Co., Ltd., CHS Inc., Cargill, Incorporated, The Scoular Company, Kerry Inc., House Foods Group Inc., Archer-Daniels-Midland Co. among others

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

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