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Showing posts from September, 2020

Global Silicones Market to Reach 3.1 Million Metric Tons by 2026 - COVID-19 Impact Analysis (2019-2025) by Industry Experts, Inc.

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Industry Experts, Inc. published an updated 2020 version of the market research report on Silicones. The new report entitled " Global Silicones Market – Products and Applications " discusses how the COVID-19 Pandemic influences the market for Silicones. The impact of COVID-19 pandemic on silicones demand is expected to differ in intensity depending on their end-use application. Sharpest declines would be expected in silicones for transportation, paper & textiles and energy sectors. Demand for silicones in construction and personal care & consumer applications, although declining year over year, is expected to be somewhat better compared to other applications. On the other hand, demand for silicones is expected to be robust in medical & healthcare applications. Asia-Pacific is the largest region for the global silicones market, cornering an estimate share of 52.3% in 2019, followed by North America with 510 thousand metric tons in the same year. Asia-Pacific is

Impact of COVID-19 on Global Industrial Enzymes Market (2019-2026) - Research Report by Industry Experts, Inc.

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Industry Experts, Inc. published the 2020 version of the global market report " Industrial Enzymes – A Global Market Overview ". The report reveals that Carbohydrases is the largest segment of the industrial enzymes market as well as the fastest growing market during the analysis period 2019-2026. Demand for Industrial Enzymes used in Textiles & Leather applications is anticipated to decline drastically in 2020 compared to 2019, estimated at -8.2% Y-o-Y due to the decline in Chinese textile production, with volumes shifting away from China to countries with lower enzyme penetration. Demand for Industrial Enzymes in Biofuel applications is expected to contract sharply with a negative Y-o-Y rate of 7.3% due to sharp decline in gasoline demand and consequently a significant drop in the demand for ethanol. Industrial enzymes demand in Household Care estimated to grow at faster 9% Y-o-Y in 2020 due to increased enzymatic penetration of detergents, mainly in emerging markets