The Inorganic chemical industry has rapidly evolved over the recent decade. The market provides raw materials to a range of end-use industries, such as plastic, paint and adhesive manufacturing. Increased consumer consumption and a rising export in Activated Carbon is expected to boost the market growth across various regions. Inorganic chemicals are mainly produced from petroleum and natural gas routes. However, recent volatility in the cost of petroleum & natural gas along with continuous declining gas reserves has led industry players to look for alternative feedstock such as coal, biomass, and coal bed. Manufactures explore new applications and incorporate technological advancements in the manufacturing processes to boost the market growth.
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