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#Bio Feedstocks Market
marketinsight1234 · 1 month
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Global Bio Feedstocks Market Size Expected To Reach USD 25848 Million With CAGR 23.20% By 2030
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The Global Bio Feedstocks Market size was reasonably estimated to be approximately USD 6000 Million in 2023 and is poised to generate revenue over USD 25848 Million by the end of 2030, projecting a CAGR of around 23.20% from 2023 to 2030.
Any material obtained from a biological source and used to produce energy or other goods is referred to as bio-based feedstock. It includes a broad variety of organic elements, including waste from organic processes, crops, forestry byproducts, and agricultural residues. Since these feedstocks come from living things and may be restored by natural processes, they are renewable resources.
Bio-based feedstocks are used in the production of bioenergy, biofuels, biochemicals, and bioplastics. They provide a sustainable substitute for fossil fuels and non-renewable resources in these sectors. We can lessen our reliance on finite resources, cut greenhouse gas emissions, and advance a circular economy that is more ecologically friendly by using bio-based feedstocks.
Biofuels like biodiesel, sustainable diesel, and bioethanol can be produced from bio-based feedstocks like algae, plant-based oils, and animal fats. By replacing fossil fuels in transportation, these fuels lower carbon emissions and lessen reliance on depleting petroleum supplies.
Bio-based feedstocks can be processed to yield a wide range of substances. Biomass can be converted, for instance, into biodegradable packaging materials, biobased polymers, and biocomposites. The synthesis of bio-based compounds, such as bio-based lubricants, solvents, and polymers, can begin with plant oils and sugars.
Leading players involved in the Bio Feedstocks Market include:
"Beta Renewables (Italy), DowDuPont (US), Enerkem (Canada), Fiberight (US), GranBio (Brazil), VIRENT (US), Clariant (Switzerland), Abengoa (Spain), BASF (Germany), INEOS Bio (Switzerland), DSM (Netherlands), Cargill (US), Novozymes (Denmark), DSM (Netherlands), Roquette (France), Total Corbion PLA (Netherlands), Braskem (Brazil), Amyris (US) and Other Major Players". 
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Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Driver:
One major driver propelling the bio feedstocks market is the rising concerns over climate change and the need to reduce carbon footprint. Governments worldwide are implementing strict regulations to limit greenhouse gas emissions, promoting the adoption of sustainable practices across industries. Bio feedstocks offer a viable solution as they are derived from renewable sources and have lower carbon emissions compared to fossil-based alternatives. This regulatory push, coupled with increasing consumer preference for eco-friendly products, is driving the demand for bio feedstocks in various applications.
Market Opportunity:
An emerging opportunity in the bio feedstocks market lies in the development of advanced technologies for efficient production and processing. Innovations in biotechnology, such as genetic engineering and fermentation processes, present opportunities to enhance the yield and quality of bio feedstocks while reducing production costs. Additionally, there is a growing focus on utilizing non-food biomass sources, such as agricultural residues and municipal solid waste, to produce bio-based feedstocks, thereby addressing concerns related to food security and land use. Capitalizing on these technological advancements and diversifying feedstock sources could unlock new growth avenues for market players.
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Segmentation of Bio Feedstocks Market:
By Type
Starch
Oils
Cellulose & Lignin
Proteins
Others
By Application
Energy
Pulp & Paper
Food industry
Pharmaceuticals
Chemicals
Others
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Details Competitor analysis with accurate, up-to-date demand-side dynamics information.
Standard performance against major competitors.
Identify the growth segment of your investment.
Understanding most recent innovative development and supply chain pattern.
Establish regional / national strategy based on statistics.
Develop strategies based on future development possibilities. 
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shashi2310 · 2 months
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marketinsight12 · 7 months
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The Global Bio Feedstocks Market size was reasonably estimated to be approximately USD 6000 Million in 2023 and is poised to generate revenue over USD 25848 Million by the end of 2030, projecting a CAGR of around 23.20% from 2023 to 2030.
Global Bio Feedstocks Market Research Report 2023
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Research team develops process for bio-based nylon
In T-shirts, stockings, shirts, and ropes—or as a component of parachutes and car tires—polyamides are used everywhere as synthetic fibers. At the end of the 1930s, the name Nylon was coined for such synthetic polyamides. Nylon-6 and Nylon-6.6 are two polyamides that account for around 95% of the global nylon market. Until now, they have been produced from fossil-based raw materials. However, this petrochemical process is harmful to the environment because it emits around 10% of the climate-damaging nitrous oxide (laughing gas) worldwide and requires a great deal of energy. "Our goal is to make the entire nylon production chain environmentally friendly. This is possible if we access bio-based waste as feedstock and make the synthesis process sustainable," says Dr. Falk Harnisch, head of the Electrobiotechnology working group at the Helmholtz Center for Environmental Research (UFZ). The Leipzig researchers led by Falk Harnisch and Dr. Rohan Karande (University of Leipzig/Research and Transfer Center for bioactive Matter b-ACTmatter) have described how this can be achieved in an article published in Green Chemistry. For example, nylon consists of about 50% adipic acid, which has so far been industrially extracted from petroleum.
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biogascompany · 2 years
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Nexgen Energia is providing CNG/CBG Pump dealership in India
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What is Bio CBG (Compressed Biogas)? What are its benefits?  
Biogas is an environment-friendly renewable energy source. The gas is produced naturally through a process that breaks organic matter like municipal solid waste, animal waste, sugarcane press mud, industrial bio-waste, and agricultural biomass and converts it into Biogas, which can be used as an automobile fuel, industry gas, and electricity in the market. 
With the aim to reduce greenhouse gas emissions and making more our nation environment-friendly, Government of India has introduced many key government programs like SATAT scheme, Waste to energy program, National policy of Bio-fuel, Biogas scheme to have a green planet, developing rural economy while enhancing farmer’s income, Reduction in Crude and LNG imports thereby huge savings in forex, utilisation of domestic feedstock to produce biofuels, climate change mitigation, introducing upgrading technology to generate biofuels, and enabling India to create more employment and business opportunities. 
Is CNG pump profitable in India? 
The Compressed Biogas (CBG) market is expected to grow from USD 1.47 billion in 2022 to USD 2.25 Billion in 2029 at a CAGR of 6.3% in the 2022- 2029 period, in India. As per Oil and Natural resources minister, India will receive Rs 2 Lakh in investment to develop 5000 biogas plants by 2023-24. 
Why to invest in Bio CBG plants of NGE?
Nexgen Energia has created a future roadmap for converting waste to energy India and making our planet energy independent by introducing a concept of CBG (Compressed Bio Gas). 
The company has already been acknowledged for providing best entrepreneurial opportunities in clean fuel energy, world-class team to assist startups, extensive branding and marketing, committed to the partner's growth along with a successful business module.  
NexGen Energia is India’s fastest growing integrated clean fuel energy company with its vision to redefine the manufacturing & distribution of alternate future energy sectors. The company has its major presence in almost all the streams including license for CNG/CBG production, green diesel production & its retail outlet distribution, Bio coal, EV charging station, Lubricants, etc. a high caliber team, state- of- the- art technologies, and cutting-edge R&D, quality consciousness, and transparency; creating an ecosystem where all energy in all its forms is tapped most responsibly and delivered to the consumers/stakeholders most affordably. The company lines up with a massive expansion plan to launch 40,000 production plants & retail outlets on CBG on the DODO Model by 2027 which is aligned with the SATAT (Sustainable Alternative towards Affordable Transportation) scheme initiated by the Government of India. 
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chemanalystdata · 3 days
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Poly Methyl Methacrylate Prices, Price Trend, Pricing, News, Analysis & Forecast
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 Poly Methyl Methacrylate (PMMA) prices have witnessed fluctuations in recent years, influenced by various factors within the global market. PMMA, commonly known as acrylic or acrylic glass, is a versatile polymer extensively utilized in a myriad of applications, ranging from automotive parts to construction materials and consumer goods. Understanding the dynamics behind PMMA pricing entails considering several crucial elements.
Firstly, raw material costs significantly impact PMMA prices. PMMA is derived from methyl methacrylate (MMA), a monomer synthesized from petrochemical sources. Fluctuations in crude oil prices directly affect the cost of MMA production, consequently influencing PMMA prices. Global economic conditions, geopolitical tensions, and supply-demand imbalances further contribute to the volatility in raw material costs, leading to price variations in PMMA. Moreover, market demand plays a pivotal role in determining PMMA prices. The growing demand for lightweight and durable materials across industries such as automotive, electronics, and construction drives the consumption of PMMA. Technological advancements and shifting consumer preferences towards sustainable and eco-friendly alternatives also impact demand dynamics. Consequently, fluctuations in market demand, influenced by factors like economic growth, industrial trends, and regulatory changes, exert pressure on PMMA prices.
Get Real Time Prices of Gum Rosin: https://www.chemanalyst.com/Pricing-data/polymethyl-methacrylate-50Furthermore, production capacity and supply chain dynamics affect PMMA pricing. PMMA manufacturers must balance production capacities with market demand to avoid oversupply or shortages, which can impact pricing stability. Additionally, disruptions in the supply chain, such as transportation challenges, natural disasters, or geopolitical tensions, can lead to temporary shortages or delays, influencing PMMA prices due to supply-demand imbalances.
Global market trends and regional factors also influence PMMA prices. As a globally traded commodity, PMMA prices are influenced by macroeconomic trends, currency fluctuations, and trade policies. Regional factors, including regulatory frameworks, environmental standards, and industry competitiveness, vary across markets and impact the cost structure of PMMA production, thereby influencing prices in different regions.
Moreover, innovations in manufacturing processes and technological advancements impact PMMA prices. Continuous research and development efforts aim to enhance production efficiency, reduce costs, and improve product performance. Breakthroughs in polymerization techniques, recycling technologies, and material design can influence the cost structure of PMMA production, thereby impacting prices in the long term.
Additionally, environmental and sustainability considerations are increasingly shaping PMMA pricing trends. With growing awareness of environmental issues and regulatory pressure to reduce carbon footprint, manufacturers are investing in sustainable practices and eco-friendly alternatives. The adoption of bio-based feedstocks, recycling initiatives, and energy-efficient manufacturing processes can affect the cost dynamics of PMMA production, ultimately influencing prices.
In conclusion, Poly Methyl Methacrylate (PMMA) prices are subject to a multitude of factors, reflecting the complex interplay between raw material costs, market demand, production dynamics, global trends, technological advancements, and sustainability considerations. Understanding these factors is crucial for stakeholders in the PMMA industry to navigate market dynamics, mitigate risks, and make informed decisions in a rapidly evolving landscape.
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tmr-blogs2 · 6 days
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Hydrodeoxygenation [HDO] Catalysts Market to Reach US$ 196.4 Mn by End of 2031
The report on the hydrodeoxygenation [HDO] catalysts market by Transparency Market Research (TMR) has various factors that make stakeholders aware of the existing global market scenario. As per the exhaustive research report by TMR, the global industry is estimated to grow at a CAGR of 5.3% during the forecast period of 2023-2031.
The expanding concerns about the environment have led to the adoption of biofuels in various processes to reduce emissions. Hydrodeoxygenation [HDO] removes oxygen from the molecules with the help of hydrogen. This process is conducted under high pressure and temperature to convert biomass into bio-diesel, bio-oil, and bio-gasoline. HDO catalysts play a major role in the production of biomass and biofuel.
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Hydrodeoxygenation [HDO] catalysts are available in various types, such as solid acid support, metal-based, conventional, bifunctional metal acid, and others. The biomass derived from the feedstock is mixed with the catalysts, and biofuels with higher energy density, lower oxygen content, improved stability, and other enhanced characteristics are created. These improved and productive biofuels have grabbed the attention of various end-use industries, which could eventually boost global business.
Market Segmentation
By Service Type: Catalyst manufacturing, Catalyst regeneration and recycling services.
By Sourcing Type: In-house catalyst development, Outsourced catalyst procurement.
By Application: Biofuels production, Chemical synthesis, Petroleum refining.
By Industry Vertical: Energy, Chemicals, Petrochemicals, Others.
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
North America: Strong focus on renewable energy initiatives driving market growth.
Europe: Leading in sustainable energy adoption, boosting demand for HDO catalysts.
Asia Pacific: Rapid industrialization and increasing environmental regulations fueling market expansion.
Latin America, Middle East & Africa: Emerging opportunities in biofuel production and refining industries.
Market Drivers and Challenges
Drivers:
Environmental Regulations: Mandates for cleaner fuels and sustainable production processes.
Renewable Energy Adoption: Shift towards biofuels and green chemicals.
Technological Advancements: Development of efficient and selective HDO catalysts.
Challenges:
Cost Constraints: High initial investment for catalyst development and deployment.
Feedstock Availability: Ensuring consistent and quality biomass feedstocks.
Competitive Market: Intense competition among catalyst manufacturers and suppliers.
Market Trends
Nanostructured Catalysts: Enhanced catalytic activity and selectivity for HDO processes.
Catalyst Recycling: Focus on sustainable practices and resource conservation.
Collaborative R&D: Partnerships between academia and industry for catalyst innovation.
Future Outlook
The HDO catalysts market is poised for significant growth, driven by the global transition towards sustainable energy solutions and the need to reduce carbon footprints. Continued research and development efforts, along with strategic partnerships, will shape the market’s evolution in the coming years.
Key Market Study Points
Market Size and Growth Projections
Technology Trends and Innovations in Catalyst Formulations
Regulatory Landscape and Impact on Market Dynamics
Investment Opportunities in Emerging Regions
Supply Chain Analysis and Sustainability Initiatives
Competitive Landscape
Major players in the HDO catalysts market include leading chemical manufacturers, catalyst developers, and technology providers. Competition centers on product performance, efficiency, and sustainability features, driving continuous innovation and market expansion.
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Recent Developments
Launch of novel catalyst formulations with improved activity and stability.
Strategic collaborations for scaling up HDO processes in commercial applications.
Investments in research and development for next-generation HDO catalysts.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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jassicaleo318 · 9 days
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Bioenergy Market: Driving Sustainable Energy Solutions and Environmental Innovation
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The Bioenergy Market is a vital component of the global energy landscape, encompassing renewable energy sources derived from organic materials such as biomass, biogas, biofuels, and bio-based chemicals. Bioenergy plays a crucial role in addressing energy security, climate change mitigation, and sustainable development goals by reducing greenhouse gas emissions, diversifying energy sources, and promoting rural livelihoods. This article provides an overview of the Bioenergy Market, including its key segments, technological advancements, market dynamics, and environmental implications.
Market Overview
Bioenergy is derived from biomass, which includes organic materials such as wood, agricultural residues, dedicated energy crops, animal waste, and municipal solid waste. These biomass resources can be converted into various forms of energy through biological processes such as combustion, fermentation, anaerobic digestion, and thermochemical conversion. Bioenergy products include biofuels such as ethanol, biodiesel, and biogas, as well as heat, electricity, and bio-based chemicals used in industrial applications.
Key Segments
The Bioenergy Market comprises several key segments, each with its unique characteristics, applications, and market dynamics:
Biofuels: Biofuels are liquid or gaseous fuels derived from biomass feedstocks and used primarily in transportation and heating applications. Major biofuel types include:
Ethanol: Produced from sugar or starch crops such as corn, sugarcane, and wheat, ethanol is used as a blend component in gasoline or as a standalone fuel in flex-fuel vehicles.
Biodiesel: Made from vegetable oils, animal fats, or recycled cooking oil, biodiesel is used as a renewable alternative to diesel fuel in diesel engines.
Biogasoline: Similar to ethanol, biogasoline is derived from biomass and can be blended with conventional gasoline to reduce greenhouse gas emissions and dependency on fossil fuels.
Biogas: Biogas is produced through the anaerobic digestion of organic waste materials such as agricultural residues, animal manure, and wastewater, and can be used for heat and power generation or upgraded to biomethane for injection into natural gas pipelines.
Solid Biomass: Solid biomass fuels, such as wood pellets, wood chips, and agricultural residues, are used for heat and power generation in residential, commercial, and industrial settings. Biomass combustion technologies include stoves, boilers, and combined heat and power (CHP) systems, which convert biomass into heat or electricity with varying levels of efficiency and emissions.
Biopower: Biopower refers to electricity generated from biomass sources using technologies such as biomass combustion, gasification, and anaerobic digestion. Biopower plants can utilize a wide range of feedstocks, including forestry residues, agricultural residues, energy crops, and organic waste, to produce renewable electricity for grid-connected or off-grid applications.
Bio-based Chemicals: Bio-based chemicals are produced from renewable biomass feedstocks and used as alternatives to fossil-based chemicals in various industrial sectors, including chemicals, plastics, pharmaceuticals, and cosmetics. Examples of bio-based chemicals include bioethanol, bioplastics, bio-based solvents, and biochemicals derived from fermentation or enzymatic processes.
Technological Advancements
The Bioenergy Market has witnessed significant technological advancements aimed at improving efficiency, reducing costs, and enhancing environmental performance. Key technological innovations include:
Advanced Biofuel Production: Advances in biotechnology, biochemical engineering, and process optimization have enabled the development of advanced biofuels such as cellulosic ethanol, biodiesel from algae, and renewable diesel from waste oils. These next-generation biofuels offer higher energy yields, lower carbon emissions, and reduced competition with food crops compared to first-generation biofuels.
Biorefinery Concepts: Integrated biorefineries combine multiple biomass conversion technologies to produce a range of bioenergy products, bio-based chemicals, and bioproducts from diverse feedstocks. Biorefineries utilize biomass fractionation, pre-treatment, and conversion processes to maximize resource efficiency and value creation while minimizing waste generation and environmental impact.
Biogas Upgrading: Biogas upgrading technologies such as pressure swing adsorption (PSA), water scrubbing, and membrane separation enable the purification of raw biogas to biomethane, a renewable natural gas with similar properties to fossil natural gas. Biomethane can be injected into natural gas pipelines, used as a transportation fuel, or compressed into renewable compressed natural gas (CNG) for vehicle refueling.
Pyrolysis and Gasification: Thermochemical conversion technologies such as pyrolysis and gasification convert biomass into syngas, bio-oil, and biochar through high-temperature decomposition in the absence of oxygen. These processes enable the production of bioenergy and bio-based products from a wide range of feedstocks, including lignocellulosic biomass, agricultural residues, and organic waste.
Market Dynamics
The Bioenergy Market is influenced by various factors, including policy frameworks, energy prices, technological innovation, and market demand. Key drivers and challenges shaping market dynamics include:
Renewable Energy Policies: Supportive policies, incentives, and mandates at the national, regional, and international levels promote the deployment of bioenergy technologies and drive market growth. Renewable energy targets, carbon pricing mechanisms, tax credits, and feed-in tariffs incentivize investment in bioenergy projects and create market opportunities for biomass producers, technology providers, and project developers.
Energy Security and Climate Change Mitigation: Concerns over energy security, climate change, and air pollution drive demand for renewable energy sources such as bioenergy, which offer lower carbon emissions and reduced environmental impact compared to fossil fuels. Bioenergy contributes to energy diversification, greenhouse gas mitigation, and rural development by utilizing locally available biomass resources and creating economic opportunities in rural communities.
Feedstock Availability and Sustainability: The availability and sustainability of biomass feedstocks influence the competitiveness and environmental performance of bioenergy systems. Sustainable biomass sourcing practices, including forest management, crop residue management, and waste-to-energy conversion, ensure the long-term viability and environmental integrity of bioenergy projects while minimizing negative social and ecological impacts.
Technological Innovation and Cost Reductions: Technological innovation, research and development, and economies of scale drive down the cost of bioenergy production and improve the efficiency and reliability of bioenergy systems. Advances in biomass conversion technologies, feedstock logistics, and supply chain optimization enhance the competitiveness of bioenergy relative to conventional energy sources and support market expansion.
Environmental Implications
Bioenergy offers environmental benefits such as carbon sequestration, reduced greenhouse gas emissions, and improved air quality compared to fossil fuels. By utilizing organic waste materials, agricultural residues, and dedicated energy crops, bioenergy systems can reduce methane emissions from landfill decomposition, prevent open burning of agricultural residues, and mitigate deforestation and land degradation associated with conventional land use practices. However, the environmental sustainability of bioenergy depends on factors such as feedstock selection, land use change, water consumption, and lifecycle emissions, which must be carefully managed to avoid negative environmental impacts and ensure the long-term sustainability of bioenergy projects.
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tsasocial · 10 days
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Michelman fiber sizing line added to IACMI collaboration facility
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The Composites Institute in partnership with Michelman, a global manufacturer of advanced materials, is pleased to announce the addition of a state-of-the-art fiber sizing line to the IACMI Collaboration Facility in Knoxville, Tenn. The 70-foot, modular system is designed to apply a variety of "fiber sizings," a very thin chemical coating that serves multiple benefits in manufacturing. This process is an essential step in making composites lighter, stronger, and more versatile.
This unique equipment helps provide a faster path from research to commercialization, according to IACMI's Chief Technology Officer Dr. Uday Vaidya, who serves as the University of Tennessee – Oak Ridge National Laboratory (UT-ORNL) Governor's Chair in Advanced Composites Manufacturing.
"I am both grateful and excited to have this line commissioned to benefit multiple stakeholders in the composites ecosystem we've built between IACMI, ORNL, UT, and industry," said Vaidya. "We're not only researching and developing sustainable composites innovations. With the Michelman line, stakeholders can customize their constituent materials for a tailored fiber-matrix interface, which is key to the properties/performance of the composite."
Ohio-based Michelman manufactures chemical solutions for agricultural and architectural coatings, digital printing, packaging, and advanced composites for automotive and aerospace. Michelman's equipment enables hands-on training for next-generation engineers and is the culmination of many years of collaboration with IACMI.
"As a leading global supplier of sizing and surface treatments, Michelman is proud to support this collaboration between industry, government, and academia," said Steve Bassetti, a Director of Global Marketing at Michelman. "With our purpose of Innovating a Sustainable Future, we are eager to invest in the success of the future workforce. By enabling students to apply classroom knowledge to real-world applications, we hope to accelerate students' learning curves and fuel their passion to join the workforce within the composites industry. Who knows, perhaps some of these students will lead the way in developing the next generation of sustainable composites!"
A fiber sizing is a thin coating of a custom chemical formulation applied to the fiber to serve several functions. Benefits of sizings include protecting fibers from breaking during manufacturing and tailoring the properties of the surface to maximize the interfacial properties between the fiber and the polymer matrix, while also allowing the fiber format to be used or consumed in the multiple types of composite manufacturing processes.
Initial work is underway developing sizing solutions for standard and wide tow carbon fiber, but there are far more fibers and reinforcements to explore. "For example, we're still scratching the surface on what we can do with natural fibers like hemp, flax, and coir to name a few," said Vaidya. "Sky's the limit for innovations in sizing development."
This sizing line was custom-built by Izumi International, Inc. out of South Carolina. The line has unique features. The modularity of its design allows it to be used for fiber feed, fiber spread measurement, fiber damage assessment, conditioning in-line ovens/heaters, tension guides, wet baths, and a range of other custom features. One of its key benefits for stakeholders is being able to offer high-value applications by differentiating fibers and resin offerings based on custom sizing. Potential customers or industries benefiting from this line are broad, ranging from material suppliers, OEMS, Tiers, parts manufacturers, and small companies. The line is also ideal for continuous R&D for emerging chemistries, such as bio-based polymers and other feedstocks that provide more sustainable options.
Vaidya noted that sizing solutions for the aerospace market have typically focused on carbon fiber that's compatible with thermoset epoxy and polyurethane resins. Now with more focus on sustainability and making composites more recyclable, there's a lot of interest in fiber sizing options that are compatible with thermoplastic resins. Developing options for a broader family of fibers and resins can provide custom solutions for infrastructure, marine, wind, aerospace, defense, sporting, and healthcare sectors
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lovelypol · 10 days
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"Cumene Catalyst: Market Dynamics Unveiled (2024-2033)"
The cumene market is poised for significant expansion from 2024 to 2033, driven by its pivotal role as a precursor in the production of phenol and acetone.
Market research indicates a steady increase in demand for cumene, primarily fueled by the growth of downstream industries such as plastics, pharmaceuticals, and electronics. As phenol and acetone are essential components in the manufacturing of polycarbonates, epoxy resins, and pharmaceuticals, the demand for cumene as a feedstock is expected to surge in line with the expansion of these sectors. Moreover, technological advancements in cumene production processes, coupled with innovations in catalyst development, are enhancing efficiency and reducing production costs, further driving market growth. Additionally, the increasing focus on sustainability and environmental regulations is prompting manufacturers to explore bio-based cumene production methods, offering promising opportunities for future market expansion. This decade will witness continued growth and innovation in the cumene market, shaping the landscape of various industries reliant on its derivatives. #Cumene #MarketDynamics #Phenol #Acetone #PlasticsIndustry #Pharmaceuticals #Electronics #Polycarbonates #EpoxyResins #Catalyst #BioBasedProduction #Sustainability #MarketTrends #Innovation #EnvironmentalRegulations #MarketForecast
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namansharma0950 · 11 days
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Polyethylene Furanoate (PEF) Market Size, Share, Analysis, Growth, Key Players, Trend and Forecast to 2035
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The worldwide Polyethylene Furanoate (PEF) market is projected to achieve a volume of 0.3 thousand tonnes by the year 2025, with a remarkable compound annual growth rate (CAGR) of 82% anticipated to persist throughout the forecast period until 2035.
In the realm of sustainable materials, Polyethylene Furanoate (PEF) emerges as a beacon of innovation and promise, revolutionizing the landscape of packaging solutions. As the world increasingly pivots towards eco-conscious practices, the demand for renewable and biodegradable alternatives to traditional plastics has surged. PEF, a bio-based polyester derived from renewable sources, stands at the forefront of this transformative journey.
PEF boasts several remarkable characteristics that set it apart from conventional plastics. Its superior barrier properties, excellent mechanical strength, and thermal stability make it an ideal candidate for various packaging applications. Unlike its fossil-based counterparts, PEF is produced from bio-based feedstocks such as sugars derived from plants like corn and sugar beets, offering a renewable and sustainable alternative.
One of the most compelling aspects of PEF is its biodegradability. While traditional plastics can persist in the environment for hundreds of years, PEF offers a solution that breaks down naturally, reducing the burden on landfills and oceans. Its ability to degrade into non-toxic byproducts underscores its eco-friendly credentials, aligning with the global imperative to combat plastic pollution.
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The PEF market has witnessed significant growth in recent years, driven by escalating consumer awareness regarding environmental issues and stringent regulations mandating the reduction of single-use plastics. Major players in the packaging industry are increasingly investing in research and development initiatives to explore the full potential of PEF and integrate it into their product portfolios.
Furthermore, technological advancements have facilitated the commercial production of PEF at scale, overcoming previous challenges related to cost and scalability. As production processes continue to evolve and become more efficient, the cost competitiveness of PEF is expected to improve further, fostering its widespread adoption across diverse industries.
The versatility of PEF extends beyond traditional packaging applications. Its inherent properties make it suitable for a wide range of products, including bottles, films, fibers, and even electronics. From beverage containers to apparel, PEF offers a sustainable alternative that meets the performance requirements of modern-day consumers without compromising on environmental responsibility.
Moreover, the transition towards a circular economy presents new opportunities for PEF. By incorporating recycled PEF into the production cycle, manufacturers can further reduce their environmental footprint and enhance the sustainability of their products. Initiatives aimed at establishing closed-loop systems for PEF recycling are already underway, paving the way for a more circular approach to packaging.
Major upcoming players in the Global Polyethylene Furanoate (PEF) market are Avantium, Sulzer, Ava Biochem, Swicofil AG, TOYOBO CO., LTD., Danone, and Others. 
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Polyethylene Furanoate (PEF) represents a paradigm shift in the realm of sustainable packaging. With its renewable origins, superior properties, and biodegradability, PEF embodies the principles of innovation and sustainability that are integral to addressing the challenges of plastic pollution. As consumer preferences continue to evolve and regulatory pressures intensify, PEF is poised to emerge as a cornerstone of the sustainable packaging revolution, driving positive change for both the industry and the planet.
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downincmi · 11 days
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Exploring Commodity Chemicals: Industry Insights
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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.
The growing demand from various end-use industries such as construction, automotive, packaging is propelling the commodity chemicals market. Rapid industrialization and infrastructure developmental activities across emerging nations are boosting the consumption of commodity chemicals. The commodity chemicals market players are focusing on global expansion by tapping opportunities in fast-growing markets in the Asia Pacific, Latin America, and Middle East regions. Acquisitions and partnerships are helping companies to enhance their geographic presence and manufacturing capabilities.
Market key trends
One of the key trends witnessed in the commodity chemicals market is the shift towards sustainable and eco-friendly chemicals. Stringent environmental regulations regarding emission control and waste management are prompting manufacturers to develop bio-based and greener chemical alternatives. Advancements in green chemistry technologies are assisting players to reduce hazardous waste generation and carbon footprint. Development of renewable feedstock-based commodity chemicals will be a defining trend shaping the future course of this industry.
Porter’s Analysis
Threat of new entrants: Explaining in two line - Chemical manufacturing requires large capital investments which acts as a significant barrier for new players. Strict regulations related to environmental impact and safety compliance also pose entry barriers. Bargaining power of buyers: Explaining in two line - Commodity chemicals have many substitute options available, giving buyers high bargaining power to negotiate on price with suppliers. Commodity chemicals buyers can easily shift to other suppliers. Bargaining power of suppliers: Explaining in two line - Commodity chemicals have numerous global suppliers due to their homogeneous nature. This gives buyers option to change suppliers easily without quality compromise giving suppliers low bargaining power. Threat of new substitutes: Explaining in two line - New alternative materials are continuously emerging as substitutes to commodity chemicals but require huge R&D investments, limiting threats from new substitutes in short term. Competitive rivalry: Explaining very shortly in one line - Intense due to numerous global players and mature industry.
Geographical regions
The North American region currently holds the major share of the global commodity chemicals market in terms of value due to high demand from end-use industries like packaging, automotive, construction, and healthcare in countries like US and Canada. Asia Pacific region is expected to be the fastest growing market for commodity chemicals during the forecast period due to rapid industrialization and rising manufacturing activities in emerging economies like China, India, Indonesia and Thailand leading to growing consumption.
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shashi2310 · 3 months
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jedyfwf · 13 days
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Vinyl Chloride Market Report: Trends, Analysis, and Projections
Vinyl Chloride (VCM) is a fundamental chemical used primarily in the production of polyvinyl chloride (PVC), a versatile polymer with extensive applications across industries. This blog delves into the dynamics of the global vinyl chloride market, exploring key drivers, applications, emerging trends, and the future growth trajectory of this essential chemical compound.
Understanding the Vinyl Chloride Market:
Vinyl Chloride Monomer (VCM) Is synthesized through the chlorination of ethylene and serves as the key building block for PVC production. PVC, in turn, finds widespread use in construction, automotive, packaging, healthcare, and consumer goods sectors due to its durability, versatility, and cost-effectiveness.
Market Dynamics:
PVC Production: The dominant application of vinyl chloride is in the production of PVC, which is utilized in pipes, fittings, profiles, sheets, films, and a myriad of other products across construction, infrastructure, and industrial sectors globally.
Construction Industry: PVC products derived from vinyl chloride play a crucial role in the construction sector, offering solutions for plumbing, electrical conduits, window profiles, flooring, and insulation materials due to their durability, corrosion resistance, and ease of fabrication.
Packaging and Consumer Goods: Vinyl chloride-derived PVC is used in packaging films, bottles, containers, and consumer goods packaging due to its versatility, barrier properties, and recyclability, meeting diverse packaging needs.
Automotive and Healthcare: PVC-based materials derived from vinyl chloride are employed in automotive interiors, medical devices, healthcare equipment, and pharmaceutical packaging, contributing to safety, hygiene, and product longevity.
Applications Across Industries:
Construction: Pipes, profiles, fittings, flooring, insulation.
Packaging: Films, bottles, containers, wraps.
Automotive: Interior components, hoses, seals.
Healthcare: Medical devices, packaging, tubing.
Market Trends:
Sustainability Initiatives: Growing emphasis on sustainable PVC production, recycling efforts, and adoption of bio-based feedstocks for vinyl chloride production to align with environmental regulations and market preferences for eco-friendly materials.
Advanced Formulations: Innovation in PVC formulations, including additives for flame retardancy, UV resistance, impact modification, and antimicrobial properties, catering to specialized applications and performance requirements.
Emerging Market Demand: Rising infrastructure development, urbanization, and industrialization in emerging economies drive increased demand for PVC and vinyl chloride-based products in sectors such as construction, packaging, and consumer goods.
Future Prospects:
The global vinyl chloride market is expected to witness steady growth, fueled by ongoing infrastructural developments, technological advancements, and sustainability initiatives. Investments in research, process optimization, and market expansion strategies will shape the market's evolution and competitiveness.
Conclusion:
Vinyl Chloride (VCM) is a vital precursor to PVC, driving innovation and solutions across diverse industries ranging from construction and packaging to automotive and healthcare. Understanding market dynamics, sustainability imperatives, and technological advancements is crucial for stakeholders in the vinyl chloride market to harness growth opportunities and navigate evolving industry landscapes effectively. With a focus on sustainability, innovation, and application diversification, the vinyl chloride market holds promising prospects for sustained growth and contribution to various sectors globally.
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mikeskordilis · 13 days
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BASF at Simac — Endless possibilities of combining design, performance, and sustainability for footwear
Step towards a net-zero emissions with the Reduce, Recycle, Rethink approach
Innovative coating technologies for highly flexible substrates
Additive manufacturing — a game changer for the footwear industry
Infinergy® — more comfort for business shoes
Sustainable PU systems, TPU and E-TPU, 3D printed molds, functional coatings, and the comfort of a sneaker for dress shoes — all these solutions for the footwear industry will be presented by BASF at Simac. The international machinery and technology exhibition for shoes, is being held in Milan from September 22–24. In hall 14, booth G 40, visitors will be given insights into sustainable footwear solutions, high performance materials and coating solutions for shoe soles.
Footwear innovations for circular economy
Future-oriented footwear materials are inconceivable without sustainability. Sustainability is a main pillar of BASF’s strategy and an integral part of all business decisions. That is why BASF invests around 2 billion a year in research and development and drives the development of new products that make a significant contribution to sustainability. BASF’s approach to a circular economy in footwear consists of three fields of action: Reduce, Recycle, Rethink. At the show, BASF experts will give a deep insight into this approach and present sustainable material solutions for polyurethane systems and thermoplastic polyurethanes.
The main goal is to reduce the consumption of fossil resources and thus CO2 emissions. Elastopan® N (PU systems) and Elastollan® N (TPU) contribute to this, as they are partly based on renewable raw materials such as sugar, corn or castor oil. These bio-based plastic solutions are available in various densities and degrees of hardness and are suitable for all applications in the footwear sector.
In addition, BASF’s integrated production system enables the substitution of fossil by renewable feedstock derived from bio-waste. This concept, called the BASF biomass balance approach, can be compared to green electricity: When alternative energy sources (e.g., wind and solar energy) are fed into the power grid, the output of the end product, electricity, remains unchanged. Similarly, at BASF: the biobased or recycled raw materials are fed into the production network at the beginning and then further processed in many steps, e.g., into plastics. This principle offers the advantage that greenhouse gas emissions are reduced, and fossil raw materials are saved, while product quality and properties remain the same. For customers in the footwear industry, this also means that the product design and the processing for shoes do not have to be adapted. This concept can be applied to BASF’s complete range of PU systems, TPU and E-TPU for footwear.
To achieve the ultimate goal of a circular economy, we need to rethink the production and use of footwear in general. This is the task that Italian designer Linda Lipari, together with designer Pierpaolo Righetto and students from Calzaturiero Politecnico (the School of Footwear Design and Technology) dedicated themselves to during the recent design competition, namely “design in the sign of sustainability”. The basis for the students’ various creative interpretations is the designers’ “RE2.0” sole design. RE implies Restart, Rethink, Recreate, Reconquer the world. The students’ unique shoe creations, combinations of design, performance, and sustainability, will be presented at the BASF booth.
Highly elastic soft touch coatings
Furthermore, BASF will present innovative coatings technologies for highly flexible substrates from our Coatings division. These solutions protect, functionalize and color flexible surfaces. They set new standards in design opportunities, individualization and enable BASF’s customers to optimize their processes.
As NovaFlex valureTM, BASF markets reverse-coated substrates which can achieve unique optical and haptic properties by combining paint formulation, texture, and carrier material. NovaCoat-D combines in-mold coating and release coating in a new way. Besides its demold properties, the coating provides protection against sunlight, scratches, and dirt. Thanks to its many years of expertise, BASF can offer a wide range of colors and effects and bring in additional functionalities for e.g., shoe uppers and sole.
3D Printing — from molds and tools to completely printed shoes
From 3D printed molds and tools to completely 3D printed shoes — Additive Manufacturing can be a real game changer for the footwear industry. At Simac 2021, BASF 3D Printing Solutions GmbH with its brand Forward AM presents 3D printed molds and lasts through which development cycles can be shortened tremendously. On top of this, visitors will see completely 3D printed high heels and barefoot shoes as well as midsoles manufactured with latticed designs which enable new ways of cushioning, shock absorption and comfort and which can be tuned to the customer’s specific needs. Lattice designs can be challenging for traditional manufacturing methods but are easy to produce in Additive Manufacturing. So, they perfectly showcase how 3D printing supplements traditional manufacturing methods and how customers benefit from BASF’s cross-technology solutions. This will also be highlighted by a new solution for the shoe industry — presented for the first time at Simac — which combines 3D printing with Infinergy® material.
Infinergy® — the comfort of a sneaker for business shoes
Infinergy®, is the expanded thermoplastic polyurethane (E-TPU) and leading high-performance responsive material by BASF. The closed-cell, elastic particle foam combines the properties of TPU with the advantages of foams, making it as elastic as rubber but lighter. It provides exceptional cushioning. Initially it was designed for the world of sports. Since 2015 Infinergy® is used in the midsole of safety shoes and setting new standards for cushioning and comfort in shoes. These standards are now transferred to business and casual shoes. Professionals who are constantly on the go can now benefit from Infinergy® in particular as it returns the energy in each step, reducing fatigue and dampening shock on joints. Infinergy® offers a natural cushioning effect at the heel and middle part of the foot in the sole. The responsiveness and rebound allows more comfort in movement which is a real relief for professionals battling long-standing hours at work and commute.
More information www.footwear.basf.com
About BASF’s Performance Materials division
BASF’s Performance Materials division encompasses the entire materials’ know-how of BASF regarding innovative, customized plastics under one roof. Globally active in four major industry sectors — transportation, construction, industrial applications and consumer goods — the division has a strong portfolio of products and services combined with deep understanding of application-oriented system solutions. Key drivers of profitability and growth are our close collaboration with customers and a clear focus on solutions. Strong capabilities in R&D provide the basis to develop innovative products and applications. In 2020, the Performance Materials division achieved global sales of €5.63 bn. More information online: www.plastics.basf.com.
About BASF 3D Printing Solutions
BASF 3D Printing Solutions GmbH, headquartered in Heidelberg, Germany, is a 100% subsidiary of BASF New Business GmbH. It focuses on establishing and expanding the business under the Forward AM brand with advanced materials, system solutions, components and services in the field of 3D printing. BASF 3D Printing Solutions is organized into startup-like structures to serve customers in the dynamic 3D printing market. It cooperates closely with the global research platforms and application technologies of various departments at BASF as well as with research institutes, universities, startups and industrial partners. Potential customers are primarily companies that intend to use 3D printing for industrial manufacturing. Typical industries include automotive, aerospace and consumer goods. For further information please visit www.forward-am.com.
About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2020. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
Source — https://promotions.basf.com/
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reportbyleofrank · 16 days
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Base Oil Price Chart and Forecast
Base oil, a fundamental component in lubricants and various industrial applications, plays a pivotal role in maintaining machinery performance and efficiency. The price trend of base oil is of paramount importance to manufacturers, distributors, and end-users across industries reliant on lubricants. Understanding the drivers behind fluctuations in base oil price chart is crucial for stakeholders to optimize procurement strategies, manage costs, and stay competitive. In this article, we explore the multifaceted nature of the base oil market, analyzing historical trends, identifying influential factors, and providing insights into future perspectives.
Historical Price Analysis:
The historical price trend of base oil has been influenced by a confluence of factors, including crude oil prices, supply-demand dynamics, refining capacity, geopolitical events, and regulatory changes. Over the past decade, base oil prices have exhibited volatility, reflecting the inherent complexities of the oil market and the interplay of various factors.
Crude oil prices serve as a primary determinant of base oil prices, as base oil is derived from refining crude oil. Fluctuations in global crude oil markets, driven by factors such as supply disruptions, geopolitical tensions, economic conditions, and OPEC production policies, directly impact the cost of base oil production. Moreover, changes in the prices of other refined products, such as gasoline, diesel, and jet fuel, can influence refining margins and, consequently, base oil prices.
Supply-demand dynamics also play a crucial role in shaping base oil prices. Changes in industrial activity, automotive production, and machinery usage influence demand for lubricants and, consequently, base oil. Moreover, shifts in lubricant specifications, such as requirements for lower viscosity or higher performance, can affect the demand for specific grades of base oil and impact pricing trends.
Enquire For Regular Prices: https://www.procurementresource.com/resource-center/base-oil-price-trends/pricerequest
Market Dynamics and Demand-Supply Balance:
The demand for base oil stems primarily from the lubricants industry, where it serves as a key component in formulating engine oils, hydraulic fluids, gear oils, metalworking fluids, and other lubricating products. Base oil is also used in various industrial applications, including metal processing, power generation, marine lubrication, and automotive maintenance.
On the supply side, base oil production is carried out by refineries worldwide, with different types and grades of base oil produced through various refining processes. The availability of crude oil feedstocks, refinery capacity, technological advancements, and investment trends in the refining sector influence the supply dynamics of base oil. Moreover, factors such as plant shutdowns, maintenance schedules, and regulatory compliance requirements can impact production levels and supply chain operations.
Emerging Trends and Future Perspectives:
Several emerging trends are expected to shape the base oil market and its price trajectory in the coming years. The growing emphasis on sustainability and environmental stewardship is driving the adoption of renewable and bio-based feedstocks in base oil production. Bio-based base oils, derived from sources such as vegetable oils, animal fats, and synthetic esters, offer a more sustainable alternative to conventional mineral-based oils, potentially influencing pricing dynamics.
Technological innovations in base oil refining, such as hydroprocessing, solvent extraction, and catalytic dewaxing, are poised to enhance production efficiency, product quality, and environmental performance. Advancements in refining processes can improve yield, reduce impurities, and enhance the properties of base oils, leading to higher performance lubricants and potentially influencing pricing competitiveness.
Furthermore, regulatory developments, market consolidation, and geopolitical shifts may impact the base oil market and pricing trends. Changes in environmental regulations, such as emissions standards and fuel efficiency requirements, can drive shifts in lubricant formulations and specifications, affecting demand for specific grades of base oil. Moreover, geopolitical tensions, trade disputes, and currency fluctuations can introduce uncertainties into global oil markets, influencing supply availability and pricing competitiveness.
Conclusion:
In conclusion, the base oil price trend is influenced by a complex interplay of factors, including crude oil prices, supply-demand dynamics, refining capacity, technological innovations, regulatory developments, and geopolitical shifts. Understanding these factors and their interactions is essential for stakeholders across the lubricants industry to navigate the base oil market effectively. By staying informed about emerging trends, adopting sustainable practices, and fostering collaboration among stakeholders, businesses can mitigate risks, capitalize on opportunities, and maintain a competitive edge in the dynamic base oil market landscape.
Contact Us: Company Name: Procurement Resource Contact Person: Leo Frank Email: [email protected] Toll-Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500 Address: 30 North Gould Street, Sheridan, WY 82801, USA
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