Increasing complexities in petroleum well operations coupled with the reduction of the existing wells’ productivity will emerge as a key driver for the growth of the industry.

As food and Drink Cans are used more often to safeguard products against contamination, the market is predicted to rise. Strict BPA use laws (Bisphenol A) and raw material volatility will, nevertheless, impede market expansion.

Increasing demand for Hot Melt adhesives from application like package solutions, nonwoven hygiene products and consumer do-it-yourself drives the Hot Melt adhesives market.

The growing applications of plastic in the packaging, consumer durables, and electrical & electronics industry is expected to contribute to the demand for calcium stearate.

Agricultural demand for bio-fertilizers will encourage new potential avenues for expansion in the business. The general growth of the sector may amplify factors such as the streamlined production process and the requirement of fertilizers by farmers to boost crop output.