The global scintillator market is estimated to grow beyond $450m in terms of revenue by 2020.Developed countries in North America and Europe remain the largest market for the Scintillator sales accounting for more than xx% of the total market, followed by the APAC region.
Scintillation counter market is very dominant in Homeland securities and Healthcare industry owing to wide usage of medical imaging equipment, increase in research activities and advent of nuclear medicine.
The basic reasons for the consistent increase in usage of chemical intermediate is growth in industries like petrochemicals, organic, inorganic, dyes, paints, agrochemicals, pharmaceuticals etc.
Demand for disinfectants and anti-microbial chemicals is forecasted to grow 5% annually to over $2 billion by 2020. Cleaning products have become essential in everyday life, its market is growing steadily and is predicted to cross $150 billion by 2020.
In a new invention, Gelita AG has laid the first stone in the production of oil-free cooling fluids that are free from toxic substances. The product NOVOTEC CL 800 does not form any oil layer on the metal surface and is biologically degradable as well
The importance of mining chemicals is likely to grow in the coming years as the industry looks forward to recover itself from low grade ores efficiently. In terms of volume, the global demand for mining chemicals was 6,857.4 kilo tons in 2012.