Market insights

India hexamine market size is forecast to reach $33.7 million by 2026, after growing at a CAGR of 6.5% during 2021-2026. India hexamine is one of the rapidly emerging markets. The industry has changed dramatically over a period of time, largely due to incessant growth and integration in pharmaceutical products. Also, over the past decade, advances in manufacturing rubber and tires have revolutionized the demand for hexamine in the automotive industry. Thus, during the forecast period, extensive growth of the automotive industry, particularly in India, is expected to drive the demand for hexamine. India hexamine market is driven by growing demand for hexamine in the plastic, pharmaceutical, paints and coatings, and adhesives industry. Also, increase in the demand for hexamine for the production of phenolic resins and its molding compounds as a hardener will contribute to the market growth.   COVID-19 Impact During the COVID-19 pandemic, plastics play an important role in manufactur...

Ion Exchange Membrane Market size is forecast to reach $632.1 million by 2026, after growing at a CAGR of 3.4% during 2021-2026. Growth of the ion exchange membrane market is mainly attributed to its wide-ranging applications across desalination, waste water treatment , radioactive liquid waste treatment and various other applications. Rising demand for safe drinking water and government initiatives to ensure clean water supply is anticipated to drive the growth of the market. Additionally, in future, the rising demand for wastewater treatment projects in developed economies is expected to provide opportunities for the market growth. Furthermore, increased water scarcity across various regions will upsurge the ion exchange membrane industry over the forecast period. Impact of Covid-19 The emergence of COVID-19, which is declared a pandemic by the World Health Organisation, had a noticeable impact on regional economic growth in 2020. The COVID-19 pandemic positively impacted the growth...

Latin America Soda Ash Market size is forecast to reach $1,351.5 million by 2026, after growing at a CAGR of 5.3% during 2021-2026. Growth of the Latin America soda ash market is mainly attributed to its wide-ranging applications across chemical, soaps & detergent, water treatment, and various other end-user industries. Increasing usage of soda ash in the manufacturing process of various glass and glass products is anticipated to raise the growth of the market. Additionally, the rising demand for light, medium, and dense grade soda ash due to its alluring properties from various end use sectors will also drive the market growth. Furthermore, the broader use of naturally available raw materials, i.e., Trona, due to their low-cost advantages, will upsurge the Latin America soda ash industry over the forecast period. Impact of Covid-19 The rapid surge of coronavirus has had a huge effect on Latin American markets as large markets had been locked-up mode in 2020. Because of this major ...