Global Morpholine Market
Added: (Mon Dec 31 2018)
Pressbox (Press Release) -
Transparency Market Research has published a new report, according to which, the global morpholine market will record a significant market growth during 2017-2025 owing to the rise in demand for rubber chemicals from automotive industry. The report also predicts that the increased need for morpholine derivatives in the pharmaceutical segment is further expected to fuel the market growth for morpholine during the forecast period.
As a hydroscopic liquid, morpholine is a versatile chemical and a solvent for different organic materials such as resins, waxes, dyes, casein, and shellac. Morpholine is used in numerous applications due to its versatility. For example, this hydroscopic liquid is used as optical brightener in the detergent industry and as an intermediate in the manufacturing of rubber chemicals. Furthermore, morpholine is also employed as a corrosion inhibitor in steam boiler systems.
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The report has segmented the morpholine market based on the derivative type, application, end-use industry and geography. On the basis of application, the morpholine market is categorized into rubber chemical intermediates, corrosion inhibitors, catalysts, optical brighteners, antioxidants, separating agents, wax emulsifiers, and surface active agents.
Morpholine, under the catalyst application, is used as a gelling agent in the manufacturing of alumina catalysts for the treatment of hydrocarbons. Additionally, chemical and physical properties of morpholine make it an ideal choice in various purification procedures. Morpholine is also used as an important intermediate in the manufacturing of optical brighteners. Therefore, rise in demand for morpholine from soap and detergent applications will directly fuel the morpholine market during the forecast timeframe.
To know more about each segment of the morpholine market and the overall market outlook, click here.
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