Transparency Market Research Report Added "Chemical Indicator Inks Market" to its database.
Albany, NY -- (SBWIRE) -- 04/10/2015 -- Chemical indicators are substances which give a visible indication, usually by change in color, in the presence or absence of a particular chemical species. The change of color imparted in the presence or absence of a particular chemical is due to the presence of chemical indicator inks. Chemical indicator inks do not change the property of the solution as they are added in minute concentration to the solution whose chemical property needs to be examined. The indicator inks change the color of the solution when concentration, acidity or oxidizing strength of the solution is altered. Chemical indicator inks find major applications in the chemical industry and pharmaceutical industry as an indicator for neutralization reaction and sterilization processes. Methyl yellow is a very popular acid-base indicator ink used in this industry.
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Methyl yellow and Ferrous 1, 10-phenanthroline are some of the commonly used chemical indicator inks in the industry. Methyl yellow is yellow in color in alkaline medium whereas in the presence of acidic medium turns it red in color. Owing to this property, methyl yellow helps to differentiate alkaline medium from acidic medium. It is also used to study the kinetics of neutralization reactions. Ferrous 1, 10-phenanthroline is an oxidation-reduction type indicator ink which changes from red to blue in color when the oxidation potential of the solution increases. Although most of the indicator ink imparts a change in color, some of the inks also impart a change in turbidity of the solution on changing the chemical property of the solution. Silver containing indicator inks turns the solution turbid in the presence of iodine. Indicator inks are specific to its use: different types of indicator inks are available in the market such as diphenylcarbazone and fluorescein to name a few.
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Asia-Pacific is the largest market for chemical indicator inks, both in respect of volume and revenue, followed by Europe, North America and Rest of the World. Asia Pacific is the fastest growing market for chemical indicator ink. High economic growth rate and growing pharmaceutical and food processing industries accounts for the growing demand for indicator inks in the Asia Pacific. China and India are the largest manufacturers of this product due to the growing manufacturing sectors in these two economies. However the growth of the food processing industry in the South East Asian countries such as Indonesia, Malaysia and Taiwan is driving the demand for indicator inks extensively. During the forecast period, Asia Pacific and Rest of the World regions such as Latin America are expected to comprise more than three fourth of the global market collectively. Research and Development is anticipated to be a key factor driving the market for chemical indicators. Manufacturing companies and end product producers are investing significant amount of money for future technological advancements and modifications of this product. Compared to Asia Pacific, the demand in Europe is low due to the economic slowdown.
However the demand for indicator inks is expected to increase in Europe due to the presence of large chemical industries such as BASF SE and The Dow Chemical Company. North America is one of the largest manufacturers of pharmaceuticals products. The increasing productivity of pharmaceutical companies in the U.S. is also fuelling the demand for chemical indicator inks in North America.
Some of the key manufacturers of chemical indicator inks are BASF SE, The Dow Chemical Company and DuPont.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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