Companies in the basic inorganic
chemicals market are increasingly adopting sustainable and ecofriendly
processes to eliminate negative impact of chemical manufacturing on the
environment. Evolution in technology and chemical sciences enabled
manufacturers to utilize alternative fuels to produce chemical products. They
are using naturally available carbon dioxide to produce fuels, industrial
products and other substances.
THE BUSINESS RESEARCH COMPANY VALUED THE OTHER
BASIC INORGANIC CHEMICAL GLOBAL MARKET AT $168 BILLION IN 2017
Asia Pacific was the largest geographic region in the market, accounting
for around 40% of the global market.
China was the largest country accounting for 20% of the global other
basic inorganic chemical market.
Read report: https://www.thebusinessresearchcompany.com/report/other-basic-inorganic-chemical-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin
Gianchandani, chemical companies are increasingly adopting
sustainable and ecofriendly processes to eliminate negative impact of chemical
manufacturing on the environment. Evolution in technology and chemical sciences
enabled chemical companies to utilize alternative fuels to produce chemical
products. They are using naturally available carbon dioxide to produce fuels,
industrial products and other substances. For example, Elevance Renewable
Sciences, a specialty chemicals company, is using green technology, methasis,
to produce high concentrated detergents that reduced energy consumption
significantly, thus minimizing the impact on the environment.
Olin Corporation was the biggest player in other
basic inorganic chemical market, with revenues of $5.6 billion
in 2016. Olin’s strategy is to diversify its product offerings and expand into
new geographies through mergers and acquisitions. In 2015 Olin merged with Dow
Chemical Company's U.S. Chlor-Alkali and Vinyl, Global Chlorinated Organics and
Global Epoxy businesses.
Other basic inorganic chemical industry comprises establishments
primarily engaged in manufacturing basic inorganic chemicals (except industrial
gases, inorganic dyes and pigments, alkalis and chlorine, and carbon black).
Other
Basic Inorganic Chemical Global Market Report 2018 is a detailed report giving
a unique insight into this market. The report is priced at $4000 for an
individual user. To use across your office, the price is $6000 and $8000 if you
wish to use across a multinational company.
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