Crude Oil Dominates the Low strength Proppants Market

The low strength proppants market will grow at a significant pace in the years to come. This has a lot to do with the Increasing exploration & production activities and technical progressions for recovery of crude oil are some of the main factors pushing the industry all over the world.
Crude oil had the largest demand in the recent past. This is majorly due to the snowballing consumption of crude oil and the incidence of numerous unconventional oil reserves all around the globe. Nations like the U.S., the U.K., Saudi Arabia, and Russia are tremendously focusing on production of unconventional oil in high volumes, which, sequentially, is boosting the consumption of low-density proppants.
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APAC has Largest Share in Bromine Market

The global bromine market generated a revenue of $1,864.3 million in 2019. Furthermore, it will advance at a CAGR of 5.7% between 2020 and 2030, as per the estimates of P&S Intelligence, a market research company based in India. The market is being driven by the growing usage of bromine compounds for reducing mercury emissions, surging utilization of environment-friendly polymeric flame retardants, and the soaring adoption of clear brine fluids during drilling for oil and gas.
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The Future of Self-Healing Materials
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What Was Impact of COVID-19 on Polypropylene Market

The polypropylene market is driven by the rising demand for this polymer in the packaging industry and increasing consumption of nonwoven polypropylene fibers in various sectors. Often shortened to PP, it is a plastic widely used in chemical and food containers, electronic goods, electrical insulation, pipes, rigid and flexible packaging, carpets, ropes, concrete reinforcements, and even automotive components. Moreover, it is used to manufacture medical devices and components due to its chemical resistance, toughness, elasticity, fatigue resistance, transmissivity, and insulating properties.

Of the two types of PP, homopolymer dominates the polypropylene market because it is highly rigid, tolerates extreme temperatures and corrosive chemicals, and performs well in thermoforming applications. As a result, it has been approved by the USDA, FDA, and National Science Foundation (NSF) for use in plenums & manifolds, orthotic & prosthetic devices, plating & anodizing process equipment, pump components, storage tanks, secondary containers, valve bodies, packaging products, metal finishing products, chemical processing & storage devices, washers, and medical devices.

In the past, the largest share in the polypropylene market was held by the Asia-Pacific (APAC) region. The huge consumer base in the world’s most-populated region is the key reason for the ever-bright prospects for market players here. Additionally, the rapid shift of people from rural areas to cities is driving the demand for automobiles, packaged food, and all other kinds of products that contain PP in some way. Additionally, led by China and India, APAC is the largest producer of plastics, which results in their easy availability for industries.

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