Catalyst Market Growth, Industry Trends To 2024: Grand View Research, Inc

The global¬†catalyst market¬†is expected to reach USD 34.3 billion by 2024, according to a new report by Grand View Research, Inc. The accelerating use of catalysts for reducing the cost of manufacturing chemicals, petrochemicals and polymers are expected to remain a favorable factor. Also, rising application of catalytic reforming and fluidized bed catalytic cracking for enhancing the yield of light cut and medium cut oils may promote the use of the product over the next eight years.   In terms of volume, chemical synthesis is expected to witness growth at a CAGR of 3.5% from 2016 to 2024. In September 2014, the Government of India proposed the “Draft National Chemical Policy” which is intended for increasing the country’s global chemical output share from 3% in 2014 to 6% by 2020. The mentioned government initiative about the improvement of the chemical production output in India is expected to open new avenues for growth over the next eight years.   Further key findings from the study suggest: The market for chemical compounds as catalysts are expected to foresee volume growth at a CAGR of 4.2% from 2016 to 2024. Rising application of amine catalyst for the production of polyurethane foam on account of enhancing the rate of reaction between polyols and polyurethane is expected to have a positive impact in the near future. Moreover, increasing requirement of polyurethane (PU) foams is projected to augment demand for catalysts over the forecast period. Catalyst demand in petrochemicals & polymers was 1,419.1 kilo tons in Continue reading Catalyst Market Growth, Industry Trends To 2024: Grand View Research, Inc

Top Marketing Techniques for Business Endorsement and Growth

Are you dreaming of becoming an entrepreneur? If so, then before jumping into the market you must have prepared with certain business strategies like what you are going to sell, how you will sell it and to whom. Loads of avenues are there to help people make the business successful. Part of succeeding means you need to work on the areas where you lack and keep on employing new marketing solutions to make consumers aware of your services. At present, industry is chock-a-block with numerous organizations and to make your business stand out, you must follow effective advertisement methods. Online marketing is something that helps business owners and organizations to beat rivals and generate profits. If you are an experienced trader, then you probably aware of some strategies used to sell products and services. But if you are novice, then have a look on the following marketing strategies of last year that have given outstanding results-. Begin with a compelling web designing and advertising plan –Website designing is the primary step when you plan to go for online marketing. Your website design plays an important role regardless you succeed or not. Make sure that you clearly showcase the offerings to the targeted audience. Obtain good search engine rank – You should understand that to make the business popular, you have to be at the top in competition. You could have the best services but only a few people are aware of it – which is indeed not good for the Continue reading Top Marketing Techniques for Business Endorsement and Growth