Market Research Blogs In Petrochemicals

Flow chemistry market is anticipated to witness significant growth over the forecast period on account of increasing focus towards manufacturing in healthcare and chemical sector. Flow chemistry is being increasingly utilized in diversified applications including pharmaceuticals, chemicals, petrochemicals, academia & research, and others.

Paraffin wax is a colorless or white soft solid derived from petroleum, coal, and oil shale. These products find use in candle making, packaging, cosmetics, hot melt adhesives, rubber, board sizing, children’s crayons, and toys. Rising living standards coupled with the need for maintenance of home hygiene are expected to drive the demand for fragrance products such as candles, which in turn will fuel industry growth over the next nine years.

Nanocapsules are a characteristic class of nanoparticles comprising core materials encapsulated by a protective matrix. The matrix encompasses the therapeutic substance and facilitates enhanced delivery of bio-active molecules. Nanocapsules have a broad range of life science applications and possess extremely high reproducibility properties.

Wax melts are used as fragrance products and available in various fragrances, shapes, sizes, and colors. Increasing consumer demand for these products on account of rising income levels and growing requirement for air quality enhancement at homes is expected to stimulate growth over the next nine years.