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Chemicals & Materials Market - Global Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

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Chemicals & Materials Market report categorizes global market by end user, geography and other such industry segments - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players
CHEMICALS & MATERIALS MARKET - Global
Industry Trends, Outlook, Regulatory Bodies &
Regulations And Key Market Players
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REPORT DESCRIPTION
Chemicals & Materials Market Overview
The industry of chemicals & materials forms the basis of various industries such as construction, transportation,
food and beverages, pharmaceuticals, electronics, healthcare, utilities, and oil & gas. The market consists of a
number of components and sub components within its large portfolio. A chemical compound is a distinct
substance or compound that is artificially manufactured or purified, whereas a material is a compound from which
other complex materials are made. Chemicals, organic and inorganic in nature, form the building blocks of
different kinds of materials. Widely used materials include ceramics, adhesives, metals, composites, polymers, and
glasses. . Chemicals and materials, independently or in combination with each other find a wide range of
application across various end-use industries such as automotive, power & energy, agriculture, food & beverages,
instrumentation, consumer goods, aerospace & defense, healthcare, and IT. The global chemicals and materials
market has wide range of application areas such as dental silica, flow aids, crop protection, animal nutrition, active
pharmaceutical ingredients, dietary supplements, preservatives, flame retardants, surface ingredients, and matting
agents among others.
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REPORT DESCRIPTION
Chemicals & Materials Market – Regulatory
Scenario:
United States Environmental Protection Agency
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The Frank R. Lautenberg Chemical Safety for the 21st Century Act, on December 17, 2015.
The Toxic Substances Control Act (TSCA) Modernization Act of 2015, on June 23, 2015


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Registration, Evaluation and Authorization and Restriction of Chemicals (REACH) and Classification,
Labelling, and Packaging (CPL) regulations
Regulations regarding fertilizer production
Regulations regarding detergents production
Regulation regarding explosive production
Regulation regarding drug precursors production
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REPORT DESCRIPTION
Chemicals & Materials Market Challenges – Reduce
Environmental Impact
Effective and eco-friendly mode of waste disposal, adopted by various regions, act as a key challenge for
chemicals & materials manufacturing companies. Stringent laws are enforced on the disposal, only after
treatment of all wastewater, gases, and semi-solid waste. The Ministry of Environment and Forest (MoEF)
of India, on December 23, 2010, implemented water prevention and control pollution act 1974 and air
prevention and control pollution act 1981. These impose stringent regulatory framework for manufacturers
and end-users regarding production, import, export, and storage of hazardous chemicals & materials. This
significantly increases costs associated with production, which in turn affects profitability of manufacturers in
this highly competitive market, in turn inhibiting market growth.
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REPORT DESCRIPTION
Surge in Electronics and Construction Chemicals Industries
Augmenting Market Growth
Increasing demand for electronic devices across the globe, especially in key regions such as North
America, Asia Pacific and the Middle East, is driving demand for electronic chemicals. Electronic
chemicals such as PCB laminate, silicon wafer, specialty gases, and wet chemicals are widely used in a
wide number of electronic applications such as computers, electronic circuit, diodes, capacitors, home
appliances, and entertainment systems. Asia Pacific contributes the largest share in electronics market,
which is the largest end-user segment for electronic chemicals. Countries in the region that boost market
growth include China, Japan, Taiwan, South Korea, and India. However, the markets in North America
and Europe are expected to witness slower growth rate over the forecast period.
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BIOTECHNOLOG
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HEALTHCARE IT
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IMAGING
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AL
Chemicals & Materials
Bulk Chemicals
Food
Ingredients
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Advanced
Materials
Cosmetic
Ingredients
Speciality and Fine
Chemicals
Polymers &
Resins
Green Chemicals
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Author
suraj
suraj29   documents Email
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