Worldwide Market Reports added Latest Research Report titled "Bismuth Naphthenate Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026"¯
Bismuth Naphthenate is an organometallic bismuth compound used as an industrial catalyst and EP additive to lubricants. This element can be used with other compositions for commercial and research applications and new proprietary technologies. Bismuth Naphthenate is produced as Mil Spec for military grade element, ACS, reagent and technical grade, as an optical grade, food, agricultural and pharmaceutical grades.
Bismuth is a highly diamagnetic metal and has lower thermal conductivity than any other metal. This metal thus has high electrical resistance. Bismuth is used as an extreme pressure (EP) additives, which are used as lubricants in machines. Owing to such properties, the demand for Bismuth is high in the automotive industry, for decreasing wear of gear parts exposed to high pressures. Thus, boosting growth of the bismuth naphthenate market. The element is also added to cutting fluids for machining of metals.
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Bismuth is highly used in drug medication, to eradicate Helicobacter pylori, a Gram-negative bacterium that causes peptic ulcers and other diseases of the gastrointestinal tract. Increasing prevalence of gastrointestinal diseases in turn, is increasing the demand for bismuth-related medication. This in turn is expected to drive growth of the bismuth naphthenate market.
The property of bismuth to expand on solidification, makes it well suited for producing sharp castings of objects that are highly susceptible to damage by high temperatures. The element is used as an alloy with other metals such as tin and cadmium, for use in safety devices in fire detection and extinguishing systems. Bismuth fluorides are another insoluble forms are used in some optical coatings.
American Elements, a global manufacturer and distributor of the elements on the periodic table, is engaged in producing high purity Bismuth Powder with the smallest possible average grain sizes for use in preparation of pressed and bonded sputtering targets. Its products have been classified as safe and not hazardous to health or environment, according to the CLP regulation.
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Omkar Specialty Chemicals Ltd, a chemicals company in India, announced plans to enter into the vitamins sector, with the launch of a new vitamins segment of the company. The company also announced plans to enter into API business with the acquisition of Lasa Laboratory, in 2016.
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