Micronutrient Deficiency Augmenting the Market Growth Micronutrients play a vital role in ensuring a balanced nutrition to crops, and the lack of these may limit the crop growth. Increasing incidences of micronutrient deficiencies in soils around the world are one of the major factors driving the growth of the market.

Nanocellulose offers excellent thermal, mechanical, and structural properties, due to which it is adopted in a wide range of applications, including paints and coatings, composites, oil and gas, and paper processing. The demand for nanocellulose has picked up pace lately from material science and biomedical applications, because of its renewable nature. The mechanical properties of nanocrystalline cellulose make it suitable for material applications. Nanocellulose films offer high strength (over 200 MPa), stiffness (around 20 GPa), and strain (12 %). The major demand for nanocellulose has witnessed a rapid increase from the paints and coatings and oil and gas.

Buildings use energy to maintain a comfortable and cool environment inside through cooling, ventilation, and heating of interior spaces as and when required. Besides, buildings also use energy to power home appliances, lighting systems, computers, and other office equipment. Energy use in buildings accounts for nearly 40% of the global energy consumption and 36% of the total energy-related carbon dioxide emission. These high percentages of energy usage and carbon dioxide emission need to be minimized to conserve more energy. The problem can be addressed by improving the efficiency of the equipment used inside buildings. This has increasingly led to the usage of plastic materials in buildings, as their usage has led to more energy conservation.

Mining chemicals play a major role in the processing of mineral ores. The consumption of base metals (like iron, steel, aluminum, etc.) and precious metals (such as silver, gold, and platinum) has increased steadily, owing to their various applications in many industries. These metal mining processes require mining chemicals at the stage of processing the respective ores. Tall oil fatty acids (TOFA) are used as collector chemicals in mining processes. It is used as a frothing agent in the flotation process for reclaiming low-grade copper-, lead-, and zinc-bearing ores. OLEOflot, a major brand of IOP (Industrial Oleochemical Products), is a blend of tall oil fatty acids. It is most commonly used as mining chemicals.

The electronics industry is by far the largest end-user segment, which accounted for more than 50% of the consumption of polyimide films in 2018. This is majorly due to its wide application base in the industry, including usage in housing cell phones, computers, electrical chargers, fax machines, pagers, connectors, battery boxes, etc.  Moreover, polyimide films offer properties that make them highly suitable for the electronics sector. These properties include light weight and impact- and shatter- resistant qualities, temperature resistance, high service temperature, ductility, and toughness in thin sections.

Buildings use energy to maintain a comfortable and cool environment inside through cooling, ventilation, and heating of interior spaces as and when required. Besides, buildings also use energy to power home appliances, lighting systems, computers, and other office equipment.  Energy use in buildings accounts for nearly 40% of the global energy consumption and 36% of the total energy-related carbon dioxide emission. These high percentages of energy usage and carbon dioxide emission need to be minimized to conserve more energy. The problem can be addressed by improving the efficiency of the equipment used inside buildings. This has increasingly led to the usage of plastic materials in buildings, as their usage has led to more energy conservation.

Suppliers in the stored grain insecticides market have well-established distribution channe ls a nd are fairly conce ntrated, their bargaining po wer is moderate, considering the lack of specificity of inputs, considering that the market is driven by generic molecules. Farmers are price-sensitive and may switch products if they do not seem to be profitable. Hence, owing to the easy availability of products, buyers switching cost is moderate.

Styrenic block copolymers (SBC) are used extensively in the footwear industry. A rising demand for more comfort, new models, and lifestyle trends are, in turn, spurring the demand for the footwear industry, globally. The footwear industry in China has witnessed a major growth in the recent years, owing to the high demand for sports footwear. Moreover, sports footwear is strongly supported by the government policies that have been promoting healthy lifestyle. By 2021, the Chinese mainland footwear market is likely to be worth around CNY 487.4 billion, from CNY 381.9 billion in 2017.

Interest in thermoplastic matrix composites has increased in recent years, owing to several advantages of these materials, including high volume process ability, recyclability, superior damage tolerance and fracture toughness, and ability to produce complex shapes. These composites found applications in different modes of transportation from cars to underground trains. Among thermoplastic composites, long-fiber thermoplastics (LFTs) are finding increased use in the overall transportation sector. The automotive industry has long struggled with high fuel prices, and vehicle OEMs and suppliers generally lead the transportation industry by using thermoplastic composites to reduce vehicle mass. Due to increasingly stringent emission regulations, automotive manufacturers are aiming to reduce the weight of vehicles, as it helps in saving a noticeable amount of carbon dioxide emissions. A 10 kilogram weight reduction is estimated to reduce 1 gram of carbon dioxide per kilometer.

In poultry, thiochemicals are majorly used in the form of methyl mercaptan, which is used in the production of methionine. Methionine is mainly used for animal nutrition in poultry animals. The rising demand for poultry meat is expected to drive the market for thiochemicals in the coming years. Poultry meat consumption is driving the total meat production growth, in response to expanding global demand for this more affordable animal protein in comparison to red meats. Factors, such as low production costs and lower product prices, are influencing poultry as the meat of choice in developing countries.