With growth and development in the industries like petrochemicals, organic, inorganic, dyes, paints, agrochemicals, pharmaceuticals and more, the Chemical Intermediate Market is also booming with healthy growth rates within the market observation period of 2015-2020, owing to the consistent usage and application of chemical intermediates in these industries
The rising number of chemical intermediates plants across the world a strong sign of a driving factor for the global market.Pharmaceutical industries are other major driving factors for the prosperity of the overall chemical intermediates boost and demand.
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Segment/Application wise Outlook:
Linear Alkyl benzene is an important type of chemical intermediate having a market size of around $180.33 million in 2013 globally and is constantly growing.
Chemical intermediate is highly admissible in Petrochemical industry. Mono-ethylene glycol is a major form of glycol used in this industry which crossed a market size of $1.22 million by 2013 and is expected to grow constantly for the next 5 years. This use of Mono-Ethylene Glycol is projected a CAGR growth of 14% in the production of basic petrochemicals and downstream petro based products during the forecast period of 2015-2020.
According to latest study on this market, analysts have confirmed that the leading region has been China with the U.S. following and India in the third position. The report contains the complete data and information on all the regions across the globe with their estimated revenues, growth rate and many more business aspects.
More Info on Chemical Intermediates Market:
Depending on the complete market study, the Chemical Intermediates Market is segmented into 4 broad types with the...