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Potassium Iodide Prices, Trends & Forecasts | Provided by Procurement Resource

Potassium iodide is a chemical compound with the molecular formula KI that is made up of potassium and iodine. It is a white crystalline substance that is extremely water soluble.

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The molecular mass of potassium iodide is 166.0028 g/mol and its density is 3.12 g/cm³. The melting point of potassium iodide is 681 °C.

It is mainly used in the medication used for treating hyperthyroidism. The boiling point of potassium iodide is 1330°C. It is defined as a metal-halide salt, with an ionic bond between potassium cation (K+) and iodide anion (I–).

It is produced via potassium hydroxide. First, it is prepared by reacting to iodine with a hot saturated potassium hydroxide solution. After that, a product mixture containing potassium iodide, potassium iodate and water is obtained, which is further subjected to varying separation techniques to get the desired potassium iodine.

India, China, Germany, and the United States are the top potassium iodide producing countries across the globe.

Key Details About the Potassium Iodide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potassium Iodide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Potassium Iodide Price chart, including India Potassium Iodide price, USA Potassium Iodide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Potassium Iodide Price Trend:

In the pharmaceutical sector, potassium iodide is often used to manufacture iodine-containing medications such as antiseptics, disinfectants, and expectorants.

In the event of a nuclear accident or emergency, it is administered as a radiation protective agent to prevent the thyroid gland from accumulating radioactive iodine.

It is used to improve the clarity and contrast of photographic images as a photographic intensifier and toner.

It is used in iodometry, a titration method used to determine the concentration of oxidising chemicals, as an iodine source.

Key Players:

Thermo Fisher Scientific Inc.
Adani Pharmachem Private Limite
Nippoh Chemicals Co. Ltd
Godo Shigen Co. Ltd
Zibo Wankang Pharmaceutical Chemical Co. Ltd.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Procurement Resource Evaluates The Price Trends Of Chlorine Dioxide and Its Latest Insights And Dashboard

Chlorine dioxide is a synthetic disinfectant gas, which is also referred to as Chlorosyloxidanyl. It appears to be red-to-yellow gas at room temperature. It is soluble in water and has a very irritating and chlorine-like odour.

It turns into a reddish liquid at –59°C and gas at 11°C. It is a hazardous gas, in its pure form. The chlorine dioxide gas is 2-3 times denser than air.

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It is a very strong gas and can lead to red blood cells (RBC) and gastrointestinal (GI) tract lining damage. It generally functions by killing bacteria, fungi, and viruses.

Chlorine is produced from sulfuric acid and hydrochloric acid. Sodium hypochlorite is reduced using acid. After that, through electrolysis, chlorine dioxide is produced.

Germany, the United States, China, India, and South Korea are the top-producing chlorine countries across the globe.

Key Details About the Chlorine Dioxide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Chlorine Dioxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Chlorine Dioxide Price chart, including India Chlorine Dioxide price, USA Chlorine Dioxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting chlorine dioxide Price Trend:

It is extensively employed to disinfect water at public water treatment facilities. Furthermore, it can also be employed as a mouthwash ingredient to get rid of bad breath and plaque and heal wounds.

It is used to clean circuit boards in the electronics industry, and it also finds its application in treating sulfides and bleaching textiles and candles.

Additionally, it is also used for bleaching wood pulp, oil, and paper. The gas is also employed as a sterilising
agent to sterilise medical and laboratory equipment, surfaces, rooms, and tools.

Other uses include various industrial, oil and gas, food, and municipal applications like flour processing. Furthermore, it is used as an antimicrobial agent in water used for poultry processing and to wash fruits and vegetables as well as in water purification.

Key Players:

Accepta
Ecolab
Grundfos
ProMinent
Evoqua
The Sabre Companies LLC

Recent Development:

November 23, 2022: With little scientific information available in the early phases of the pandemic, numerous tactics for COVID-19 prophylaxis and therapy were advocated. Among the recommended remedies were ivermectin and chlorine dioxide, both of which were widely used in Peru for prevention and treatment without regard for their hazardous side effects.

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Address: 30 North Gould Street, Sheridan, WY 82801, USA

Ammonium Chloride Prices and Forecasts | Provided by Procurement Resource

Ammonium Chloride is an inorganic white crystalline salt. It is highly soluble in water. It is slightly acidic. The molecular weight of ammonium chloride is 53.491 g/mol, and its density is 1.53 g/cm³. The boiling and melting points of ammonium chloride are 520 °C and 338 °C respectively.

The chemical formula of ammonium chloride is NH4Cl. It is also called sal ammoniac. It is sodium carbonate’s by-product.

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It is usually produced by burning coal dumps. It is also produced by the ammonium sulfate and sodium chloride solutions reaction. It is the salt of ammonia and hydrogen chloride.

China, Austria, the USA, Singapore, and Vietnam are the leading ammonium chloride-producing countries across the globe.

Key Details About the Ammonium Chloride Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Ammonium Chloride price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Ammonium Chloride Price chart, including India Ammonium Chloride price, USA Ammonium Chloride price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Ammonium Chloride Price Trend:

Ammonium chloride has significant industrial applications as a fertiliser, a nitrogen source, and also a flavouring agent in several kinds of liquorice

It is employed as a constituent of galvanizing, tinning, and soldering fluxes for the removal of oxide coatings from metals, further helps in improving the adhesion of the solders.

Owing to its properties as an expectorant, and in veterinary medicine, it is used as an active ingredient in many proprietary cold and cough remedies.

It is employed for urinary stones prevention in cattle, goats, and sheep. Other than that, it also helps in maintaining the pH while exerting a mild diuretic effect.

Key Players:

BASF SE
CNSG Anhui Hong Sifang Co. Ltd.
Jiangsu Huachang Chemical Co. Ltd
Central Glass Co. Ltd.
Dallas Group of America Inc

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Black pepper oleoresin Prices and Forecasts | Provided by Procurement Resource

Black pepper oleoresin (Piper nigrum) is a concentrated liquid extract derived from the dried fruit of the black pepper plant. It is commonly used as a flavouring and scenting ingredient in foods and beverages, as well as cosmetics and fragrances.

The essential oils and spicy compounds, such as piperine, give black pepper its particular flavour and aroma and are frequently combined in the oleoresin, which is extracted from pepper berries using solvents such as ethyl acetate or acetone.

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It is valued for its strong, sour flavour and is widely used in cooking to enhance and spice meals. Furthermore, it is used as an agricultural pesticide and in the production of certain pharmaceuticals.

Brazil, Sri Lanka Indonesia, and India are the top producers of black pepper oleoresin.

Key Details About the black pepper oleoresin Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the black pepper oleoresin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The black pepper oleoresin Price chart, including India black pepper oleoresin price, USA black pepper oleoresin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Black pepper oleoresin Price Trend:

Black pepper oleoresin is often used as a flavouring and fragrance ingredient in a number of foods and beverages, including baked goods, sauces, marinades, meat items, and beverages.

It is well known for its healing properties such as analgesic, antioxidant, and anti-inflammatory properties. It is used in the production of a wide range of pharmaceutical goods, including cough and cold remedies, anti-inflammatory drugs, and pain relievers.

Black pepper oleoresin is utilised in the production of colognes, perfumes, and other smells, as well as cosmetics and hair care products. It is appreciated for both its skin-healing properties and its spicy, warm smell.

It is used as a pesticide in agriculture to control pests such as aphids, mites, and thrips. It also acts as a natural deterrent.

Key Players:

Synthite Industries Ltd
Akay Group Ltd
Plant Lipids
Universal Oleoresins
BOS Natural Flavours (P) Limited

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Sulfuric Acid History and Forecast Analysis Provided by Procurement Resource

Sulfuric acid, with a formula H2SO4, is also spelled as sulphuric. It is also called oil of vitriol or hydrogen sulfate and is a thick, colourless, greasy, and acidic liquid. Sulfuric acid is one of the most industrially critical chemicals.

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Additionally, it is made commercially by the reaction of water with sulfur trioxide, which in turn is prepared by a chemical blend of sulfur trioxide which in turn is created by a chemical mix of sulfur dioxide and oxygen either through the contact process or the chamber process. The acid is utilised in several concentrations in the production of fertilizers, pigments, dyes, drugs, explosives, detergents, and inorganic salts and acids, as well as in petroleum refining and metallurgical processes.

Canada is the top sulfuric acid exporting country in the world. Qatar is the second-largest sulfuric acid exporting country, while the United States is the biggest importer of sulfuric acid globally.

Key Details About the Sulfuric Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sulfuric Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Sulfuric Acid Price forecast, including India Sulfuric Acid price, USA Sulfuric Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Sulfuric Acid Price Trend:

Sulfuric acid is one of the critical industrial chemicals that is utilised in the production processes of several goods throughout a broad range of applications like wastewater processing, production of cleaning agents, processing of minerals, and producing explosives and detergents. Additionally, sulfuric acid is employed in the pulp and paper sector for chlorine dioxide production, tall oil splitting, and pH adjustments. Moreover, since it is an extremely vital chemical compound, sulfuric acid is utilised in the production process of a variety of renowned chemicals such as hydrochloric acid, nitric acid, phosphoric acid, and several other industrial chemicals.

Key Players:

Asahi Kasei
Lanxess
LG Chem
Polimeri Europa
Sinopec

News & Recent Development

January 31, 2023: The General Motor declared that it would invest USD 650 million to help Lithium Americas Corp in the expansion of North America’s biggest Lithium mine, Nevada’s Thacker Pass Lithium mining project. Lithium Americas Corp is developing an ambitious project that needs a loan from the United States Department of Energy to construct a 3,000-tonne-per-day sulfuric acid plant to obtain lithium from the clay at its site. The loan will help finance a “primary component” of this continuing capital spending for the project. This agreement was introduced at a time when the sector is swiftly shifting to greener technology and marks a critical indicator for Lithium Americas Corp.

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Address: 30 North Gould Street, Sheridan, WY 82801, USA

Whey Powder History and Forecast Analysis Provided by Procurement Resource

Whey powder is a powdered form of liquid cheese waste. It’s a common ingredient in a variety of foods, including baked products, protein bars, and sports drinks. It is made up of a combination of proteins, lactose, minerals, and vitamins.

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Before being transformed into whey powder, the liquid whey is pasteurised to kill any hazardous microorganisms.

The whey is then concentrated and filtered through a series of membrane filters, which eliminate water and other pollutants, leaving just a dry powder remaining.

The major whey powder producers are the United States, Germany, France, the Netherlands, and Poland.

Key Details About the Whey Powder Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Whey Powder price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Whey Powder Price forecast, including India’s Whey Powder price, USA’s Whey Powder price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Whey Powder Price Trend:

It is found in a variety of food products, including dairy, infant formula, baked goods, confectionery, and sports nutrition products. It acts as a texturizer, emulsifier, flavour enhancer, and protein, lactose, and mineral supplier.

It is used as a high-quality protein supplement in animal feed, particularly for young animals such as calves and piglets. It is also used in pet food as a source of minerals and protein.

Whey powder is found in a variety of personal care and cosmetic products, including shampoos, conditioners, and skin treatments. It is well-known for its ability to moisturise skin while also improving the consistency and stability of cosmetic compositions.

Furthermore, it is used in the pharmaceutical industry as a premium protein source for dietary supplements and as a binder in tablet formulations.

Key Players:

Fonterra Co-operative Group
wheyco GmbH, Carbery Group
Valio Ltd
Lactalis Ingredients
Saputo Inc

Recent News

April 11, 2023: Health Influencers who sell or promote products such as medications, supplements such as whey protein and vitamin tablets, food products claiming to provide health benefits, and so on may be subject to new rules. Celebrities and influencers are routinely solicited by health and wellness companies to endorse their products in exchange for money or in-kind services, despite their lack of scientific or medical competence. Customers may make better-informed decisions if influencers are required to be more transparent. This could also help to prevent misinformation from spreading because people are less likely to seek medical advice from someone who lacks the required credentials.
14 September 2022: Dyet Nutrition is one of leading India’s leading health supplement companies. They have expanded their product portfolio with a wide range of products. The newly launched products are whey protein concentrates in chocolate and vanilla flavours.

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Soybean Hulls History and Forecast Analysis Provided by Procurement Resource

Soybean hulls or soy hulls are a byproduct of the soybean processing industry. They are the outer coat of the soybean seed that is removed during the manufacturing of soybean oil and meal.

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Soybean hulls are principally constituted of the structural components of the soybean seed, cellulose, hemicellulose, and lignin.

They are high in fibre, with a crude fibre concentration of 40-50%, but low in protein, with a crude protein content of 7-9%.

The top soybean hull-producing countries are the United States, Argentina, China, India, Canada and Ukraine.

Key Details About the Soybean hulls Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Soybean Hulls price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Soybean Hulls Price forecast, including India’s Soybean Hulls price, USA’s Soybean Hulls price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Soybean Hulls Price Trend:

Soybean hulls are a common element in ruminant, poultry, and swine diet. They produce fibre and can be used in place of other high-fibre feed items like hay or maize silage.

It has a wide range of industrial applications, including fuel pellets and oil absorbents.

It can be used to increase soil structure, water retention, and nutrient availability as a soil amendment.

It can also be employed as a nutritional fibre source in various human foods, such as baked goods and morning cereals.

Key Players:

The Archer Daniels Midland Company
Cargill, Incorporated
Ingredion Incorporated
Sree Siddarameshwara Agro Industries
Sakthi Soyas Limited
Sethi Seeds India Pvt. Ltd

Recent News:

February 08, 2023: Investors hedged their positions ahead of the US government’s critical monthly reports on global supply and demand, which explained the drop in Chicago Board of Trade soybean and maize futures. As drought harmed Argentina’s crops, an important global supplier, during planting and the early stages of growth, traders were interested in the size of Argentina’s maize and soybean harvests.

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Recycled PET History and Forecast Analysis Provided by Procurement Resource

Recycled PET is a form of plastic made from post-consumer PET plastic resources. PET, or polyethylene terephthalate, is a thermoplastic polymer that is widely used in the manufacture of plastic products such as bottles, food packaging, and textiles.

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Collecting and classifying post-consumer PET items such as bottles, then cleaning and turning them into rPET, is what recycling PET entails. The plastic is torn and melted before being transformed into pellets that can be utilised to create new items. It has a density of about 1.3 g/cm3, which is comparable to virgin PET.

Because RPET has a high tensile strength, it can bear pulling pressures without breaking. The tensile strength of recycled PET is normally lower than that of virgin PET, however, it can be increased by the addition of additional materials such as reinforcing fibres. It has a high flexural strength, which means it can bend without breaking.

The high melting point of RPET allows the material to endure temperatures of up to 120°C without deforming.

The recycled PET is transparent and is ideal for packaging applications where the contents must be seen.

Thailand, the United Kingdom, Taiwan, the United States, and Mexico are the leading recycled PET producing countries.

Key Details About the Recycled PET Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Recycled PET price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Recycled PET Price forecast, including India’s Recycled PET price, USA’s Recycled PET price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Recycled PET Price Trend:

Recycled PET offers good gas and moisture barrier qualities, making it suitable for food and beverage packaging.

There is growing worry about plastic pollution and its environmental consequences. As a result, there is a growing need for environmentally friendly and sustainable products, such as rPET.

Governments all across the world are enacting policies to decrease plastic waste and boost recycling. Some countries, for example, have banned plastic bags, while others have established recycling objectives for plastic products.

Many businesses are pledging to use sustainable packaging materials in order to lessen their environmental effect. Because it is manufactured from recycled materials and is recyclable, rPET is a popular choice for packaging.

Because of advancements in recycling technology and economies of scale, the cost of making rPET has grown more competitive with virgin PET.

Consumers are increasingly seeking environmentally friendly products, and many are willing to pay a premium for items manufactured from recycled materials.

Key Players:

B. Schoenberg & Co., Inc
UltrePET, LLC
Carbonlite Inc.
Suez Recycling & Recovery Holdings
KW Plastics

Related Reports:

Recent News:

February 06, 2023: In an effort to decarbonize the economy, Indian Oil Corporation (IOC), the country’s largest oil company, plans to recycle 100 million discarded mineral water, cold drink, and other PET bottles each year to create eco-friendly uniforms for its fuel pumps and LPG distributor agencies. The company recently released indoor cooking stoves that can run on both solar power and auxiliary energy sources, providing households with a more affordable and environmentally responsible cooking alternative.

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Tetrahydro-linalool History and Forecast Analysis Provided by Procurement Resource

Tetrahydro-linalool, or THL, is a scent component found in perfumes, colognes, and other personal care products. It is a colourless liquid with a flowery odour akin to linalool, a natural aroma component found in many essential oils.

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THL is created by hydrogenating linalool, which entails adding hydrogen atoms to the linalool molecule’s double bond. This procedure produces a more stable and long-lasting aroma component that is less prone to oxidation and discoloration.

THL is recognised as a fragrance element because it can enhance and extend the scent of other fragrance compounds while also producing a mild, fresh, and floral perfume.

China, Germany, Switzerland, and India are the top exporting countries in the market of Tetrahydro-linalool.

Key Details About the Tetrahydro-linalool Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Tetrahydro-linalool price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Tetrahydrolinalool Price chart, including India’s Tetrahydrolinalool price, USA’s Tetrahydrolinalool price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Tetrahydro-linalool Price Trend:

THL can be found in a variety of personal care items, such as fragrances, colognes, body lotions, shampoos, and shower gels. It is prized for its capacity to enhance and prolong the scent of other fragrance compounds, as well as for providing a fresh and floral perfume.

It’s also found in items like laundry detergents, fabric softeners, and air fresheners. Its fresh and floral perfume can aid to conceal bad odours while also adding a pleasant fragrance to clothing, linens, and spaces.

THL is occasionally used in industrial cleansers and degreasers to disguise the strong and unpleasant odour of the cleaning chemicals.

THL is utilised in food goods as a flavouring ingredient, where it can add a faint flowery aroma. However, its use in food products is restricted due to food fragrance ingredient laws.

THL is used as a masking agent in agricultural products such as insecticides and fertilisers to disguise the disagreeable odour of the chemicals.

Key Players:

BASF SE
Koninklijke DSM N.V
Symrise AG

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Chromium Oxide Prices, Trends & Forecasts | Provided by Procurement Resource

Chromium Oxide is an inorganic compound, which is also known as chromia. It is brittle and tough material. The molecular formula of chromium oxide is (Cr2O3). The monoisotopic mass of chromium oxide is 151.866 Da and its molar mass of 151.9904 g/mol.

The boiling point and melting point are 4,000 °C and 2,435 °C. It has a chemical composition comprising 68.46% Chromium and 31.58% Oxygen content.

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It is insoluble in water, alcohol, and acetone and not that reactive to acid. It occurs naturally in the
mineral eskolaite. It is widely available in chromium-rich skarns, tremolite, chlorite veins, and meta quartzites.

South Africa, Turkey, India, and Finland are the top chromium oxide-producing countries in the market globally.

Key Details About the Chromium Oxide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Chromium Oxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Chromium Oxide Price chart, including India Chromium Oxide price, USA Chromium Oxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Chromium Oxide Price Trend:

It is a specialist material typically employed as one of the alloying elements in some aluminium oxide (Al2O3) and zirconium dioxide (ZrO2) and ceramics.

Additionally, it is used as a pigment in paints, glasses, and inks. Owing to its excellent thermal stability, inherent corrosion, and wear resistance, it functions like an ideal ceramic in extreme processing environments linked with high temperatures like the solid gasification of biomass or coal and contaminated atmospheres.

Furthermore, it is also employed in flash melters, copper and zinc processing, slag cleaning furnaces, converting furnaces, smelting furnaces, and tap hole constructions.

Other than that, it is used in polishing stainless steel, as a catalyst for organic and inorganic reactions (to prepare butadiene). It is also used as an anaesthetic, for adding colours to drugs, as a green pigment in automotive finishes, and for welding metals.

Key Players:

Venator Materials LLC
Sun Chemical Corporation
Elementis plc
Hebei Chromate Chemical Co. Ltd
MidUral Group
LANXESS Aktiengesellschaft
American Elements Corp.