Chemicals & Materials

Chemicals & Materials

The chemicals & material industry forms the base for various other industries such as manufacturing, transportation, food & beverages, agriculture, building & construction, healthcare, cosmetics, and pharmaceuticals. This dependency has made it crucial for the chemical & materials market to constantly keep on top of innovation and development and the companies associated with this industry strive to stay one step ahead of their competitors to meet the growing demand.Industries such as pharmaceuticals, construction & building and food & beverages heavily rely on products supplied by the chemical industry. These chemicals may serve as raw materials from which various other items are produced such as medicines, plastics, fertilizers, explosives, etc. and are drawn from resources such as forests, oil, mines, sea, wells, etc. Companies tend to deploy varying production processes and technologies to create various specialty chemicals. The market also includes companies that modify or develop existing or new material for a relatively high-quality superior performance. Ceramics, polymers, composites, glasses etc. are among some of the widely used materials within this industry.The chemical industry analysis has shown that innovation of such complex materials requires a high investment in research & development. Accelerated globalization and digitalization are the major trends expected to drive these industries in the near future, and the importance of these industries cannot be neglected in people’s everyday lives.Triton offers a broad range of reports on topics such as Aprotic Solvents Market, Tackifiers Market, Biopesticides Market, Defoamers Market, Automotive Paints & Coatings Market, Biodegradable Plastic Market, Bio-Based Chemicals Market and many more.The reports have been listed under the following segments:Biochemical and Biomaterials: These are naturally occurring or engineered biological substances produced to serve specific purposes. Some examples of biochemicals are carbohydrates, proteins, lipids and nucleic acids. Biomaterials are also used in the applications of joint replacements, dental implants, heart valves, etc. Investment in both of these sectors is increasing globally given its commercial demand.Paintings, coatings and printing ink: Paints and coatings cover the parent material and prevent the machines, appliances or equipment from rust and corrosion. With the course of time, these products have also started to offer various other traits such as enhanced outer appearance, weather resistance, thermal protection, enhanced productivity and increased resale value. Technological advancement has led to the innovation in a variety of inks such as pharmaceutical, invisible and toner inks, etc.Petrochemicals: They are chemicals derived from petroleum. These chemicals have various industrial applications and are used in the production of various products such as fertilisers, polymers, cosmetics, pesticides, etc.Plastics, Polymers and Resins: These compounds consist of multiple recurring natural or artificial base molecules. They are widely used as raw materials in sectors like packaging, building materials, automobiles, furniture, etc.Specialty Chemicals: These are specially designed chemical products on which various other industry sectors rely for manufacturing and production. These materials are used on the basis of performance or function and are also known as performance chemicals. The specialty chemicals industry has its product applications in a range of industries such as Agrichemicals, food additives, elastomers, fragrances, etc.