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Distinguished professor of chemistry, The University of Louisana lafayette USA Email: [email protected]
Visit for more related articles at Research & Reviews: Journal of Chemistry
We would like to invite all the professional from chemistry, scientific communities, chemists, professors, students, delegates, business professionals and executives from all over the globe to attend the “11th International Conference on Chemistry” that is to be held during July 20-21, 2020, Florence, Italy. Which incorporates prompt oral talks, keynote presentations, poster displays and exhibitions.
Chemicals are more often referred to as chemical substances, which are forms of matter that have constant chemical compositions and characteristics properties. The major industrially and functionally significant chemical product categories include inorganic and organic chemicals, ceramics, polymers, elastomers, surfactants, acids, oleochemicals, alcohols, dyes, bases, salts, alkalis, oils, colorants, esters, coatings, solvents, neutral gases, petrochemicals, process gases and source gases.
Chemicals and pharmaceuticals are the major application segments. In terms of revenue, chemicals held the latest market share of 37.51% in 2018. In terms of revenue, the market for chemicals is likely to reach USD 918.6 million by 2025.
Flow chemistry delivers significantly high yield while reducing the energy and solvent waste by over 90%. This has led to increased acceptance of the technology for numerous applications. The global flow chemistry market size was valued at USD 1.2 billion in 2018 and is estimated to expand at a CAGR of 10.0% by 2025. The technology is widely used in production of various petrochemicals including ethane, benzene, methane, ethylene and many others.
High chemical and pharmaceutical manufacturing coupled with increasing investment by the petrochemical manufacturers is expected to play a key role in driving the regional demand in the forthcoming years.
Petrochemicals is anticipated to register a CAGR of 9.9% from 2018 to 2025, owing to the increasing need for gaining high yield with low energy and material consumption and high cost saving. Petrochemical application is anticipated to witness significant growth of 9.9%, in terms of revenue, from 2018 to 2025.
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