BASF completes the carve-out of mobile emissions catalysts and precious metals services businesses. BASF has completed the carve-out of its mobile emissions catalysts and precious metals services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). The company's intention to carve out the entity was first announced in December 2021 with an expected completion timeframe of 18 months.
BASF increases production capacity for medium-molecular weight polyisobutenes in Ludwigshafen, Germany. BASF has increased production capacity for medium-molecular weight polyisobutenes (IMWI) at its site in Ludwigshafen, Germany. The new capacity will be used to meet the growing demand for IMWI, which is used in a variety of applications, including adhesives, lubricants, and elastomers.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3392
Published Date: Aug 11, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for the construction sector is the major factor driving the market growth.
The market size of waterproofing membranes is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Sika AG, BASF SE, Carlisle Companies Incorporated, Dow Inc., GCP Applied Technologies Inc., and others.
The construction segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.