Global Chemical and Petrochemical Analytical Instruments Markets 2020-2026: Shutdown of Refineries and the Abandonment of New Projects due to the COVID-19 has Resulted in a Sharp Decline in Revenue

DUBLIN, Oct. 27, 2020 /PRNewswire/ -- The "Market for Analytical Instruments in the Chemical and Petrochemical Industries, Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The scope of the study also includes fuel and plastic fabrication industries.

Some primary applications in this market include (and are not limited to) polymer recycling, analysis of trace elements in fertilizers, characterization of perfume fragrances, analysis of common preservatives in cosmetic products, and corrosion mitigation of plant to prevent downtime.

The analytical instrumentation for the chemicals and petrochemicals market includes companies that use analyzers and other tools for:

• Producing and processing of base chemicals, intermediate chemicals, and fine chemicals;
• Refining and producing petroleum-based chemical products (such as petroleum jelly, motor oil, diesel, lubricants, and kerosene) consumer products as well as specialty end products.

Below are some of the findings which were made about the market during the study:

• The production of shale gas has positively impacted the production of petrochemicals, as it relies on affordable fuel, such as shale gas, rather than other limited fuels.
• North America will experience stable growth in both the chemical and petrochemical industries in the coming years.
• While the Middle East and China are expected to flourish in the chemical segment, developing regions such as Brazil and South Africa will witness a setback in the chemical segment.
• China's chemical market has been contributing to half of the growth of the global chemicals market since the 2000s. The increase in economic turbulence can be related to both China's economic slowdown and the impact of the trade relations between the United States and China.
• Both aliphatic and aromatic hydrocarbons, which are significant types of hydrocarbons, are expected to grow in demand, as they can be found in everyday products.
• The shift in demand from laboratory to process industry will be favorable to the chemical and petrochemical industries.
• Safety and emission monitoring analyzers will witness strong demand in the coming years.

Key Issues Addressed

• Is the market growing? How long will it continue to grow, and at what rate?
• When will the global economy recover after COVID-19? Which sectors will be impacted the most?
• What kind of analytical instrumentation will be in high demand?
• What are the key customer requirements being addressed?
• What are the different scenarios that the market might face after the impact of COVID-19?
• Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?

Key Topics Covered:

Executive Summary

• Key Findings
• Market Engineering Measurements
• CEO's Perspective

Market Overview

• Market Definitions
• Key Questions this Study will Answer
• Market Segmentation

Drivers and Restraints

• Market Drivers
• Drivers Explained
• Market Restraints
• Restraints Explained

Forecasts and Trends

• Market Engineering Measurements
• Forecast Assumptions
• Revenue Forecast
• Revenue Forecast Discussion
• Pricing Trends Discussion
• Percent Revenue Forecast by Region
• Revenue Forecast by Region
• Revenue Forecast Discussion by Region
• Revenue Forecast by Vertical Market

Market Share and Competitive Analysis

• Market Share
• Market Share Analysis
• Competitive Environment
• Competitive Factors and Assessment
• SWOT Analysis
• Product Analysis

Growth Opportunities and Companies to Action

• Growth Opportunity 1 - Growth of Chemical and Petrochemical Industry in the United States
• Growth Opportunity 2 - Emission Monitoring Application
• Strategic Imperatives for Success and Growth

Chemical Segment Analysis

• Chemical Segment Key Findings
• Market Engineering Measurements
• Revenue Forecast
• Revenue Forecast Discussion
• Percent Revenue Forecast by Product Subsegment
• Revenue Forecast by Product Subsegment
• Revenue Forecast Discussion by Product Subsegment
• Percent Revenue Forecast by Region
• Revenue Forecast by Region
• Revenue Forecast Discussion by Region

Petrochemical Segment Analysis

• Petrochemical Segment Key Findings
• Market Engineering Measurements
• Revenue Forecast
• Revenue Forecast Discussion
• Percent Revenue Forecast by Product Subsegment
• Revenue Forecast by Product Subsegment
• Revenue Forecast Discussion by Product Subsegment
• Percent Revenue Forecast by Region
• Revenue Forecast by Region
• Revenue Forecast Discussion by Region

The Last Word

• The Last Word - 3 Big Predictions
• Legal Disclaimer

Appendix

• Market Engineering Methodology
• Additional Sources of Information on Study Topic
• List of Companies in "Others"
• Partial List of Companies Interviewed
• List of Exhibits

For more information about this report visit https://www.researchandmarkets.com/r/kvzs0q

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