Latest news with #REACH-compliant
The Hindu
9 hours ago
- Business
- The Hindu
NAL transfers environment-friendly solar absorber coating technology to Mysuru startup
National Aerospace Laboratories (CSIR-NAL) announced the successful technology transfer of its next-generation solar absorber coating, NALSUN-NG, to Helix Solar Private Limited, an emerging clean-tech startup based in Mysuru. On June 23, NAL said the technology enables domestic manufacturing of flat plate solar water heaters, potentially reducing monthly imports of five to six lakh evacuated tube collectors. NALSUN-NG is a breakthrough graphene oxide-based solar selective coating, specifically engineered for photothermal applications, such as solar water heaters. Developed entirely in-house by NAL, it is the first eco-friendly, water-based coating of its kind in India. Unlike traditional coatings that rely on volatile organic compounds (VOCs) and flammable solvents, NALSUN-NG uses only non-toxic, RoHS- and REACH-compliant inorganic materials. Most current commercial coatings use capital-intensive physical vapor deposition (PVD) techniques, or contain harmful VOCs. In contrast, NALSUN-NG requires minimal investment in infrastructure, has no flammable components, and poses no effluent treatment challenges making it ideal for local manufacturing and rural deployment. The coating has undergone rigorous testing aligned with ASTM and International Energy Agency (IEA) standards. It is certified by NABL-accredited laboratories, and its intellectual property is protected under Indian and international patents. With a lifespan exceeding 20 years, NALSUN-NG is trademarked and has already been successfully commercialised. This transfer marks the second successful licensing of the NALSUN-NG technology, following its earlier adoption by an industry partner where it has already been commercialised and integrated into solar thermal systems.
Yahoo
12-06-2025
- Business
- Yahoo
Europe Oil Field Chemicals Industry Report, 2024-2025 & 2034 - Shift Toward Biodegradable, Non-toxic, and REACH-compliant Chemical Formulations
The Europe oil field chemicals market is expected to grow from $3.42 billion in 2024 to $5.23 billion by 2034, with a CAGR of 4.33%. This growth is driven by the increasing need for eco-friendly chemical solutions in enhanced oil recovery (EOR) and drilling operations, complying with strict EU regulations. Operators are adopting advanced chemistries like biodegradable surfactants and nanotechnology-enhanced additives to improve well output and efficiency. Strategic partnerships and local manufacturing boost supply chain resilience, crucial for navigating Europe's energy demands and sustainability goals. Challenges include high R&D costs and regulatory complexities. European Oil Field Chemicals Market Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Europe Oil Field Chemicals Market: Focus on Application, Base Oil, and Country-Level Analysis - Analysis and Forecast, 2024-2034" report has been added to Europe oil field chemicals market is projected to reach $5.23 billion by 2034 from $3.42 billion in 2024, growing at a CAGR of 4.33% during the forecast period 2024-2034. The growing need for high-performance, environmentally friendly chemical solutions for enhanced oil recovery (EOR), production, and drilling activities is propelling the market expansion in Europe. Operators are depending more and more on modern oil-field chemistries to increase well output, expedite extraction, and adhere to strict EU rules as energy demands rise and exploration moves towards established North Sea fields and unconventional regions. Adoption of eco-friendly formulations and green manufacturing techniques is rising due to strict REACH regulations and Europe's ambitious Net Zero and ESG targets, which minimise environmental impact while satisfying compliance requirements. Improvements in reservoir performance and operational efficiency are being driven by developments in smart chemistries, such as customised polymer systems, biodegradable surfactants, and additives boosted by data-supported interventions are made possible by the combination of real-time chemical dosing systems and AI-driven monitoring platforms, which further maximises cost-effectiveness and scalability. In the meantime, the development of European production centres and strategic alliances between global speciality chemical firms and local suppliers are strengthening the robustness of the supply chain, guaranteeing regulatory compliance, and improving responsiveness to local demand. Together, these developments are advancing the advanced oil-field chemicals industry and preparing European operators to handle the escalating energy difficulties while maintaining environmental responsibility. Europe Oil Field Chemicals Market Trends, Drivers and Challenges Trends Shift toward biodegradable, non-toxic, and REACH-compliant chemical formulations. Integration of smart technologies like AI-driven chemical monitoring and dosing systems. Increasing use of nanotechnology and advanced surfactants for enhanced oil recovery (EOR). Strategic partnerships between global players and regional suppliers to boost local production. Rising demand for green manufacturing and closed-loop chemical systems aligned with ESG goals. Drivers Growing need for high-performance chemicals in mature fields and complex drilling environments. Strict environmental regulations and Net-Zero targets driving eco-friendly product innovation. Expansion of offshore exploration and production, particularly in the North Sea. Government incentives and EU funding for sustainable energy and chemical R&D. Increasing focus on operational efficiency and production optimization through advanced chemistries. Challenges High R&D costs for developing compliant and sustainable chemical formulations. Regulatory complexity across EU member states affecting market standardization. Volatility in crude oil prices impacting exploration budgets and chemical demand. Limited availability of raw materials for specialty chemical production in some regions. Pressure on supply chains due to geopolitical tensions and rising transportation costs. Companies Featured BASF Clariant Solvay Croda International Plc Kemira Key Attributes: Report Attribute Details No. of Pages 68 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $3.42 Billion Forecasted Market Value (USD) by 2034 $5.23 Billion Compound Annual Growth Rate 4.3% Regions Covered Europe Key Topics Covered: Executive SummaryScope and Definition1 Market: Industry Outlook1.1 Shift Toward Deepwater and Frontier Exploration1.2 Rising Merger and Acquisition Activity in Upstream Portfolios1.3 Increased Deployment of Digital Technologies for Reservoir Optimization1.4 Growing Emphasis on Sustainability and ESG In Exploration and Production1.5 Supply Chain Overview1.5.1 Value Chain Analysis1.5.2 Pricing Analysis1.6 Regulatory Landscape1.7 Research and Development Review1.7.1 Patent Filing Trend (by Country and Company)1.8 Stakeholder Analysis1.8.1 Use Case1.9 Market Dynamics: Overview1.9.1 Market Drivers1.9.1.1 Rising Upstream Exploration and Production Activities and Demand for Enhanced Oil Recovery Techniques1.9.1.2 Technological Advancements in Chemical Formulations1.9.1.3 Regulatory Incentives for Environment-Friendly Chemicals1.9.2 Market Restraints1.9.2.1 Price Volatility of Raw Materials and Supply Chain Disruptions1.9.2.2 Strict Regulatory and Environmental Compliance Requirements1.9.3 Market Opportunities1.9.3.1 Growth in Sustainable, Eco-Friendly Chemical Solutions1.9.3.2 Expansion in Unconventional Oil and Gas Developments1.9.3.3 Strategic partnerships for R&D and market expansion2 Regions2.1 Regional Summary2.2 Europe2.2.1 Regional Overview2.2.2 Driving Factors for Market Growth2.2.3 Factors Challenging the Market2.2.4 Key Companies2.2.5 Application2.2.6 Product2.2.7 Europe (by Country)2.2.7.1 Norway2.2.7.1.1 Application2.2.7.1.2 Product2.2.7.2 Germany2.2.7.2.1 Application2.2.7.2.2 Product2.2.7.3 France2.2.7.3.1 Application2.2.7.3.2 Product2.2.7.4 U.K.2.2.7.4.1 Application2.2.7.4.2 Product2.2.7.5 Russia2.2.7.5.1 Application2.2.7.5.2 Product2.2.7.6 Italy2.2.7.6.1 Application2.2.7.6.2 Product2.2.7.7 Rest-of-Europe2.2.7.7.1 Application2.2.7.7.2 Product3 Markets - Competitive Benchmarking & Company Profiles3.1 Next Frontiers3.2 Geographic Assessment3.3 Company Profiles3.3.1 Overview3.3.2 Top Products/Product Portfolio3.3.3 Top Competitors3.3.4 End-Use Applications3.3.5 Key Personnel3.3.6 Analyst View3.3.7 Market Share, 20234 Research MethodologyFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment European Oil Field Chemicals Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
