Learn about the chemical market research at Global Monitor

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Publish date: September 20, 2021 16:10

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In 2020, the worldwide chemical sector will be worth over 1.5 trillion dollars, comprising petrochemicals, specialty chemicals, and agrochemicals. This is the report of the chemical market research. Mergers and acquisitions, artificial intelligence, growing markets, and new regulation are just a few of the factors we can investigate for your individualized report. Respond to the industry's rapid dynamic changes ahead of your competitors. From 2020 to 2025, the global CHP installation market is predicted to increase at a CAGR of 3.8 percent, reaching 551.7 GW by 2021. The global combined heat and power industry was dominated by Europe, which is predicted to increase at a moderate rate of 3.2 percent from 2020 to 2025. Market demand in Asia Pacific is predicted to reach 167.9 GW by 2021, rising at a considerable rate of 4.9 percent per year from 2020 to 2025.

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