According to TechSci Research report, “Global Ammonia Market By Grade, By Application, By Manufacturing Process, By Region, Competition, Forecast & Opportunities, 2025”, the global ammonia market is forecast to reach $ 68 billion by 2025 owing to increasing demand from chemicals, fertilizers and pharmaceutical industries. Growing global fertilizer industry is expected to continue augmenting demand for ammonia over the next five years. However, global lockdown due to onset of COVID-19 has resulted in disruptions in the entire supply chain and decline in demand across major end use applications, globally, which is expected to negatively affect ammonia consumption in 2020.
According to TechSci Research report, “Saudi Arabia Oilfield Chemicals Market By Application, By Oilfield Type, By Type, By Region, Competition, Forecast & Opportunities, 2025”, Saudi Arabia oilfield chemicals market is projected to grow at nearly 10% to cross $ 1.1 billion by 2025 on account of growing demand for oil & gas across the globe and increasing investments in offshore exploration and production activities in Saudi Arabia. Saudi Arabia is the largest market for oilfield chemicals in Middle East region and accounted for a share of around 45% in 2019. The market is likely to witness healthy growth during 2020-2025 as country is aggressively expanding oil and gas exploration activities to establish oil-market supremacy over the...
Growth of rubber products and wooden adhesives application in automotive and construction industry to drive global resorcinol market during forecast period.
Rising interest for microencapsulated items and growing R&D exercises for development of effective medicines to drive the growth of global sustained release coatings market
Growing need for reducing the capital costs of Zero Liquid Discharge (ZLD) systems clubbed with long term durability, life and strict government policies related to liquid discharge to drive global tubular membrane market during the forecast period
Rising awareness about the pollution caused by plastics and government initiatives to reduce plastic waste is driving the market through the forecast period.
Demand from various end user industries for different applications to drive the growth of global decorative coatings market
Change in consumer preference towards seafood is expected to drive the growth of United States aquafeed market
Increasing demand from Fertilizers, Chemicals to drive growth of Global Ammonia market through 2025.
Increasing seafood trade is expected to drive the growth of global aquafeed market