Ethylene oxide and ethylene glycol market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). Ethylene oxide (EtO) is a chemical intermediate used to produce ethylene glycol, which is then used to make other industrial chemicals. Ethylene oxide is also used as a fumigant in agriculture and as a sterilant for medical equipment.
1,3-butanediol market is anticipated to grow at a CAGR of 5.1% during the forecast period (2024-2031). 1,3-butanediol is an organic compound and an important commercial chemical used as a solvent, de-icing agent, and co-comonomer in coatings, construction, rubber, food and beverages, and personal care, pharmaceutical, and other industries. It is majorly used in skin and personal care products due to its high solvability, safety,and conditioning features including lotions, moisturizers, shampoos, face masks, sunscreens, and many others.
1,2-hexanediol market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period (2024-2031). 1,2-hexanediol is a clear, colorless liquid that is widely used as a solvent, plasticizer, and chemical intermediate in a variety of sectors, including cosmetics, pharmaceuticals, paints and coatings, and textiles. It is distinguished by its capacity to increase formulation viscosity and flow qualities, as well as its potent antibacterial activity.
1,2-pentanediol market is anticipated to grow at a CAGR of 4.5% during the forecast period (2024-2031). 1,2-pentanediol is an intermediate chemical for active ingredients. It is commonly used as a solvent, humectant, and antimicrobial agent in personal care products, pharmaceuticals, and industrial applications having excellent solubility in water and organic solvents, making it a versatile ingredient in formulations.
Natural solubilizers market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period (2024-2031).Natural Solubilizerssolubilize essential oils without destroying their nutritional value, allowing them to be used in water-based applications.These natural solubilizers can be used in a variety of ways in the cosmetics sector to solubilize finished products by combining essential oils with water.
Acrylonitrile catalyst market is anticipated to grow at a moderate CAGR of 4.5% during the forecast period (2024-2031). Acrylonitrile catalyst serves as the primary raw ingredient for the production of acrylic fibers. Industries such as textile and apparel industries use acrylic fibers due to its lightweight characteristics. The growing demand from end-user industry is a key factor driving the growth of the global market.
Tank insulation market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2024-2031). Tank Insulations acts as a barrier to reduce heat transfer between the tank and the surrounding environment, which helps in minimizing heat loss or gain.
Surgical scrub market is anticipated to grow at amoderateCAGR of 5.0% during the forecast period (2024-2031).Surgical scrub a chemical used for cleaning and sanitizing hands and arms with an antiseptic solution or soap before entering an operating room. It is an essential part of surgical procedures to minimize the risk of infection and contamination. Surgical scrub products usually contain antiseptic agents like chlorhexidine gluconate or povidone-iodine, which help in eliminating microorganisms from the surgical team's skin.
Tannin market is anticipated to grow at a significant CAGR of 11.5% during the forecast period (2024-2031). Tannin is a type of organic substance found in various plants, particularly in bark, leaves, and fruit skins.
Phycocyanin market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). Phycocyanin is a collective industry involved in the production, distribution, and sale of phycocyanin, a natural pigment extracted from blue-green algae, notably spirulina.
Glycerol monostearate market is anticipated to grow at a significant CAGR of 10.8% during the forecast period (2024-2031).Glycerol Monostearate is used as an emulsifier, thickening agent, and stabiliser in various industries such as food and beverages, cosmetics, pharmaceuticals, and personal care products.
Caprylyl glycol market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period (2024-2031). Caprylyl Glycol is a versatile compound used primarily as a moisturizer, emollient, and antimicrobial agent in various industries such as cosmetics, personal care, pharmaceuticals, and industrial applications.
Food packaging films market is anticipated to grow at a CAGR of 6.1% during the forecast period (2024-2031). The growth of the market in emerging countries is attributed to factors such as consumer disposable income, urbanization, and the demand for packaged food.
Air duct cleaning chemicals market is anticipated to grow at a moderate CAGR of 3.1% during the forecast period (2024-2031). The market’s growth is attributed to the increasing awareness of indoor air quality, due to the fact that the low air quality could result into health issues such as, allergies and respiratory problems.The influence of indoor air pollution cannot be ignored, especially considering that urban populations spend a significant amount of their time indoors. The COVID-19 lockdowns have further highlighted the dependence on indoor spaces.
Pure monomer resins market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). Pure monomer resins are used in hot melts, pressure-sensitive tapes and labels, construction mastics, and many specialty applications. The growing adoption of pure monomer resins in various end-use industries such as plastics, adhesives, coatings, and textiles is the key factor supporting the growth of the market globally.
Construction adhesives market is anticipated to grow at a CAGR of 2.6% during the forecast period owing to increase in housing and construction projects, rising government spending on public infrastructure and commercial buildings, renovation of old buildings and rising smart city projects. Additionally, rising income levels have increased the demand for home decoration and construction.
Multifunctional Resins market is anticipated to grow at a CAGR of 5.6% during the forecast period (2023-2030). Multifunctional resins are a type of resin that contains multiple functional groups. Functional groups are reactive groups that can form bonds with other molecules. There is a growing demand for lightweight and durable materials in various industries, including automotive, aerospace, and construction. Multiple resins offer a number of advantages over traditional materials, such as high strength-to-weight ratios, corrosion resistance, and durability.
Semiconductor chemicals market is projected to grow at a compound annual growth rate (CAGR) of 11.8% during the forecast period (2023-2030). Semiconductor chemicals are substances that enhance the performance of semiconductors, which are solid chemical compounds that can conduct electricity under certain conditions.
Boron carbide market is anticipated to grow at a CAGR of 4.8% during the forecast period (2023-2030). This steady growth is owing to the factors such as technological development in the manufacturing industries, increasing number of nuclear reactors built across the globe, and growing aerospace and defense sector in developing nations.
Single walled carbon nanotubes market is anticipated to grow at a CAGR of 11.3% during the forecast period (2023-2030). Single-walled carbon nanotubes (SWCNTs), which possess electrical and thermal conductivity, mechanical strength, and flexibility, and are ultra-lightweight, are an important material for applications in nanoelectronics, photovoltaics, thermoelectric power generation, light emission, electrochemical energy storage, catalysis, sensors, spintronics, magnetic recording, and biomedicine.
Hexagonal boron nitride market is anticipated to grow at a CAGR of 6.8% during the forecast period (2023-2030). The hexagonal boron nitride owing to its properties such as thermal and chemical stability hexagonal boron nitride oxide is largely used for high-temperature operations in coatings and lubrication that is acting as a key determinant favoring the growth of the hexagonal boron nitride market. The growing adoption of hexagonal boron nitride-based materials for enhancement of the mechanical properties of polymer composites is the key factor supporting the growth of the market globally.
Blue ammonia market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. Blue ammonia is a type of ammonia that is produced using natural gas as a feedstock with the carbon dioxide by-product from hydrogen production captured and stored. This makes blue ammonia a lower-carbon alternative to traditional ammonia production, which releases large amounts of greenhouse gases into the atmosphere.
Precious metal refining market is anticipated to grow at a CAGR of 7.2% during the forecast period (2023-2030). Precious metal refining involves purifying impure materials to isolate and extract their precious metal content. This process is used to separate precious metals from products or by-products such as electronic, dental, industrial, or jewelry scrap, returning them to their pure states. Jewelers and manufacturers work with precious metals, cutting, drilling, filling, and shaping them to create treasured pieces for their customers.
Solid epoxy coating market is anticipated to grow at a considerable CAGR of 13.3% during the forecast period. Solid epoxy coatings have become the mainstay element of the protective coatings industry due to their superior chemical and physical properties-epoxy coatings are excellent adhesives, corrosion-resistant, and possess high mechanical strength. The increasing demand for the solid epoxy coating from the end-user industries such as building & construction, transportation, packaging, consumer goods, and others is driving the global solid epoxy coating market.
Electrically conductive coating market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The growing demand from end-user industries for various application of electrically conductive coating is a key factor driving the growth of the global electrically conductive coating market. The increasing penetration of mobile and consumer devices has driven the demand for electrically conductive coating market. These coatings utilize components such as polyesters, polyurethanes, epoxy, and acrylics for coating purpose.
Breathable films market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. The rising awareness regarding personal hygiene along with increasing purchasing power of consumers is a key factor driving the growth of the global breathable film market. Technological advancements in composition of breathable films is further driving the growth of the global breathable film market.
Aluminium Recycling market is anticipated to grow at a CAGR of 7.0% during the forecast period (2023-2030). Recycling aluminium is the method by which leftover scrap metal can be utilised in new products. The energy needed to produce new aluminium from raw ore uses only 5% of that needed to recycle discarded metal. The two main reasons anticipated to drive market expansion are an increase in the use of aluminium in the vehicle industry and an increase in the adoption of aluminium recycling procedures.
Construction sealants market is anticipated to grow at a CAGR of 6.2% during the forecast period (2023-2030). The construction sealants market is being driven by the increasing prevalence of sealants in new building applications such as anchoring, ductwork, and structural glazing. Construction sealants are mostly used in fields such as flooring and joining, glazing, sanitary & kitchen, among others. These uses are expanding, which is driving the market for construction sealants growth.
Gas mixture is anticipated to grow at a substantial CAGR of 5.9% during the forecast period. The factors such as growing industrialization, advancement of technologies, rapid expansion medical facilities are leading factors driving the growth of global gas mixture market. Further, the transition of economies towards green and renewable energy sources is causing high demand of semiconductors globally which in turn is driving the gas mixture market. However regulatory rules and regulations are expected to be the strongest restraints for the industry.
Urea market is anticipated to grow at a considerable CAGR of 1.8% during the forecast period (2023-2030). The growing consumption of urea by end-user industries is a key factor driving the growth of the global urea market. The urea has the highest nitrogen content of all industrial chemicals and is in high demand as a fertilizer in agriculture. According to the American Chemical Society, more than 90.0% of urea production goes into agriculture.
aluminum hydroxide market is anticipated to grow at a CAGR of 6.8% during the forecast period. The growing incidence of gastrointestinal disorders is driving the demand for aluminum hydroxide in the pharmaceutical market, which further results in increase in fatalities due to digestive diseases globally. According to the World Health Organisation (WHO), in 2020, mortalities around 1,23,648 were caused due to digestive diseases only in the US. Additionally, in the UK the number reached up to 31,588 in 2020.
Formaldehyde market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period (2023-2030). The growing consumption of formaldehyde by end-user industries owing to its high durability and other favorable chemical properties is a key factor driving the growth of the global formaldehyde market. The rising project launches to increase the formaldehyde production is anticipated to offer lucrative growth opportunity of the global formaldehyde market. Exposure to the formaldehyde can cause irritation of the skin, eyes, nose, and throat.
Honeycomb core materials market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. The increased preference for lightweight materials in the aerospace and defense industries across the globe is a key factor driving the growth of the global honeycomb core material market. Core materials played a significant role in weight reduction in both structural applications and components in aircraft.
Fuel additives market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. Fuel additives are widely used to improve the quality and performance of various fuels. The growing demand for fuel across the globe is a key factor driving the growth of the global fuel additives market. According to the US Energy Information Administration, the global liquid fuels consumption will increases by 1.6 million b/d in 2023 and by 1.7 million b/d in 2024, and most expected liquid fuels demand growth is in non-OECD Asia, led by China and India.
Wooden preservative market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for water-based and solvent-based wood preservatives in various end-use industries such as construction, residential, commercial, and automotive industry, among others. Further, advancements in wooden preservative technologies and the growing focus on sustainable wood treatment solutions are also antcipated to fuel the demand for wooden preservatives.
Biocatalysis and biocatalysts market is anticipated to grow at a CAGR of 6.9% during the forecast period. The biocatalysis and biocatalysts market growth is increasing by the rapid expansion of the biopharmaceutical industry mainly due to the increasing demand for biopharmaceuticals and food manufacturing market across the region. Due to easier access to enzymes and the capacity to modify those enzymes to satisfy the requirements of industrial processes, the use of biocatalysis in the biopharmaceutical business is growing at a profitable rate.
Automotive coolant market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. The growing automobile industry across the globe has created demand for automotive coolant which has resulted in the growth of the global automotive coolant market. In September 2022, UPM Biochemicals has launched water glycol which is formulated from a three-part mixture of mono-ethylene glycol (MEG), water and a small quantity of additives. EV coolant has the potential to make automotive greener by broadening of their sustainability strategies.
Iron ore mining market is anticipated to grow at a CAGR of 6.1% during the forecast period (2023-2030). Automation in the mining industry is a key factor driving the growth of the global iron ore mining market. Iron ore mining companies are opting for automation in the mining processes to strengthen their position in the global market. For instance, in June 2022, Rio Tinto, a UK-based metals and mining corporation, opened Gudai-Darri, its most technologically advanced mine.
Synthetic ester lubricants market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for synthetic lubricants in various end-use industries. Further, the growing demand for high-performance ester lubricants owing to the properties they impart is anticipated to propel the market growth.
Specular hematite market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. Specular hematite fines are generally used in the steel industry as a raw material for producing pig iron and steel. Pellets, on the other hand, are used in the production of steel and iron, as well as in the production of cement and other building materials. The growth of the market is driven by the growing demand for steel and construction materials globally.
Helium gas market size was valued at $2.45 billion in 2022, and is projected to reach $3.42 billion by 2030, registering a CAGR of 4.9% during the forecast period (2023-2030). Helium is presently in high demand, primarily in the medical, technology, and aircraft sectors - for MRI machines, especially in the markets, as well as superconductors and pressure purging (SpaceX and NASA).
Carbon capture and storage market size was valued at $2.8 billion in 2022, and is projected to reach $4.3 billion by 2030, registering a CAGR of 6.5% during the forecast period (2023-2030). Enhanced oil recovery (EOR) is a tertiary oil recovery method deployed to recover over 65% of the total recoverable oil in place not produced through primary and secondary phases.
Back glue market is anticipated to grow at a considerable CAGR during the forecast period. The increasing demand for adhesive products in various end-use industries such as construction, packaging, and automotive, among others is driving the growth of the back glue market during the forecast period. Back glue is a solvent-free and VOC-free product, making it an attractive option for customers looking for environmentally friendly adhesive solutions.
Pyruvic acid market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. The growth in the market is primarily driven by the increasing demand for food additives owing to the growing demand for convenience foods that are high in calories and sugar content. There are various drivers that can be taken into account to analyze the growth of this market.
Superabsorbent polymer (SAP) market is anticipated to grow at a significant CAGR of 5.9% during the forecast period. The major factor that drives the market growth includes, the increasing application of superabsorbent polymer in baby care products such as diapers and sanitary napkins, as it absorbs a large amount of aqueous, water, and menstrual fluid. In 2020, the National Diaper Bank Network distributed more than 100 million diapers to 220 diaper banks, a 67% spike from 2019.
Sodium percarbonate market is anticipated to grow at a significant CAGR of 8.2% during the forecast period. Some of the key market factors that positively influence the market growth include increasing demand from the household cleaning industry and growing production of sodium percarbonate-based detergent. In addition, the rising usage of sodium percarbonate as a disinfecting agent in the end-use industry such as food and pharmaceutical owing to increased demand for safe food and pharmaceuticals product, which in turn fuel the growth of the market during the forecast period.
Decorative laminates market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. Decorative laminates are versatile and durable materials with a wide range of design options. They are resistant to wear and tear heat, and moisture, and are easy to maintain. These properties make them an attractive choice for a variety of applications in both residential and commercial settings.
Playground surface materials market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The major factor driving the demand for playground surface materials is the rising demand for the construction of new sports facilities across all geographies.
Controlled release fertilizers market is anticipated to grow at a CAGR of 6.4% during the forecast period. The global controlled release fertilizers market growth is driven by the growing demand for slow release fertilizers from the agricultural sector due to the growing population and agricultural developments. In addition, the rise in investments in sustainable and eco-friendly fertilizers from market players and adoption of smart farming products and techniques by agriculture department globally are further expected to drive the controlled-release fertilizer adoption during the forecast period.
PVD coating system market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. PVD is a multistep process and is characterized by a procedure that includes the condensation of a substance to a vapour phase and again to a thin film condensed phase. PVD is widely used in the production of substances that require thin films for mechanical, optical, chemical, or electronic functions, and is semiconductor devices such as thin-film solar panels, aluminized PET film for food packaging and balloons, and titanium nitride-coated cutting tools for metalworking.
EMI shielding market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period. The major factor driving the demand for EMI shielding is attributed to factors such as growing focus of manufacturers on safety and security of devices, and growing demand for durable electronic products. Further, the growing launches of innovative and new solutions for EMI shielding of various electronic products are some of the factors anticipated to fuel the demand for EMI shielding.
Specialties of lube oil refinery market is anticipated to grow at a CAGR of 5.7% during the forecast period. Lube oil plays a vital role in offering friction between mechanical components used in motorized vehicles to lubricate the engine. They are also used in industrial, cosmetic, and pharmaceutical applications. The rising demand from end-user industries such as pharmaceuticals, cosmetics, automobiles, and others is the major factor that is accelerating the growth of the market.
Rare gas market is anticipated to grow at a CAGR of 5.2% during the forecast period. Rare gases such as argon, krypton, neon, xenon, and helium are gaining immense popularity in various end-user applications which include healthcare, manufacturing, electronics, laser, lighting, and others owing to their unique physical and chemical properties. The increasing demand from electronics and automotive industries in emerging countries such as China and India is witnessing rapid economic growth.
Metal powder market is anticipated to grow at a CAGR of 5.1% during the forecast period. Metal powders are metal alloys that are processed into very fine powder through high-pressure atomization. Metal powders are used in many manufacturing techniques to produce metal parts. The use of metal powders eliminates waste in comparison with traditional machining and is versatile in creating a variety of metal and alloy components.
Methionine market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. The major growth factors of the market include expanding consumer choices and rising health awareness increases in the demand for protein-rich foods such as meat, dairy products, seafood, among others.
Electronic adhesives market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). Adhesives are widely used in the manufacture and assembly of electronic circuits and products. The growing demand for non-toxic and eco-friendly electronic adhesives in semiconductor & circuit assembly and die-attachment applications has led to the increasing use of electronic adhesives. The growing adoption of adhesives that can support efficient and automated assembly processes is the key factor supporting the growth of the market globally.
Specialty tapes market is anticipated to grow at a CAGR of 6.1% during the forecast period. The growing awareness for the environment coupled with using eco friendly products encourages the key players to launch eco friendly products. Key players are launching eco friendly products in the market to satisfy the consumers demand. For instance, in August 2021, Ajit Industries Pvt. Ltd. launched eco-friendly green tapes in India.
Long steel market is anticipated to grow at a CAGR of 4.1% during the forecast period. The major factor contributing significantly to the growth of the market includes the rising demand for long steel in end-user verticals such as the building and construction industry owing to the extensive tensile strength and ductility properties. In addition, the rising construction industry due to rapid population growth has increased the number of construction projects along with high long steel demand.
Electrical steel market is anticipated to grow at a CAGR of 6.2% during the forecast period. Electrical steel is a soft magnetic material with enhanced electrical properties that are widely used across applications such as small relays, solenoids, electric motors, generators, and many other devices. Electrical steel is also referred to as silicon steel, transformer steel, or lamination steel.
Calcium formate market is anticipated to grow at a CAGR of 3.9% during the forecast period. The global calcium formate industry growth is being driven by the factors such as rising demand for calcium formate for the production of animal-derived products and rapid growth in the construction industry. Cement formate is used as cement additives and cement-based mortars for setting and increasing the toughness of the cement.
Aluminum rolled products market is anticipated to grow at a CAGR of 6.4% during the forecast period. The global aluminum rolled products market growth is driven by major factors such as the rising adoption of aluminum rolled products in the end-user sectors owing to its high degree of conductivity, strength, extreme resistance to corrosion, and others. In addition, the rising adoption of aluminum rolled products in foil and packaging, food and beverages, and building and construction industries is further projected to increase its scope on a wider level in upcoming years.
Perfluoropolyether market is anticipated to grow at a significant CAGR of 6.7% during the forecast period. The rise in strong automobile industry expansion is boosting the demand for high-quality oils & greases, as it improves vehicle performance, and lowers total maintenance costs. These synthetic perfluoropolyether (PFPE) lubricants perform better than other lubrication.
Biodegradable polymer market is anticipated to grow at a significant CAGR of 8.9% during the forecast period. The growing demand for biodegradable plastics from several end-use industries, growing stringent regulatory provisions, and the rising concerns about the environment impact of non degradable polymers are primary factors driving the market growth. Additionally, the increasing consumer awareness for eco-friendly polymer solutions coupled with the rising efforts to reduce the use of conventional plastics are some other factors anticipated to drive the market growth.
Medical coating market is anticipated to grow at a considerable CAGR of 20.5% during the forecast period. Factors driving the growth of the global medical coating industry include the rising geriatric population globally coupled with the rise in chronic diseases, improvement of healthcare infrastructure, and rising per capita healthcare expenditure, especially in the emerging economies.
Ceramic substrate market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. The growing demand for ceramic substrates in the end-user industries such as consumer electronics, automotive, and telecommunication is the key factor driving the growth of the global ceramic substrate market. The increment in the utilization of these substrates as options in contrast to metals and combinations is further contributing to the market growth.
Silica flour market is anticipated to grow at a CAGR of 3.6% during the forecast period. The rising fiberglass demand from the construction and automobile industry is a key factor driving the growth of the global silica flour market. Moreover, the emerging focus on increasing disposable income along with luxury construction being demanded is also one of the key factors that are creating opportunities for market growth. New product launches in the market are likely to create demand for the growth of the global silica flour market.
Consumer foam market is anticipated to grow at a CAGR of 4.6% during the forecast period. The growing adoption of consumer foam across end-user industries such as bedding and furniture, electronics, automotive, and packaging, in emerging economies such as India, China, and others is a key factor driving the growth of the global consumer foam market. In July 2022, NCFI Polyurethanes announced to showcase their CoolRest line of performance bedding foams. The CoolRest Hybrid combines the properties of memory and high resilience foams, providing pressure relief without sinking. It can be used as either a comfort layer or a transition layer.
Waterproofing system market is anticipated to grow at a CAGR of 6.2% during the forecast period. The market is driven by the rising demand for cost-effective and efficient waterproofing systems from the building and construction industries. Waterproofing systems offer several benefits, including protection from UV radiation, chemical resistance, heat resistance, and waterproofing during the rainy season that extends the life span of a structure.
Laminating adhesives market is anticipated to grow at a CAGR of 6.2% during the forecast period. The growing demand for flexible packaging from end-user industries is a key factor driving the growth of the global laminating adhesives market. Laminating adhesives are used for bonding metal substances and plastics with each other. They are used in packing cheese, meat, coffee, tea, pharmaceuticals, and other consumable products. The restructuring of the pharmaceutical industry in the US is projected to offer numerous opportunities for market vendors to develop more lightweight laminating adhesives.
Industrial wax market is anticipated to grow at a CAGR of 4.2% during the forecast period. The increasing application of industrial wax in different industrial applications is one of the key factors driving the growth of the market. Industrial wax refers to an organic substance utilized in varied industrial applications as an important constituent within a wide range of products. Increasing strategic associations among several end-users may create a huge demand for raw materials, such as petroleum waxes, bio-based waxes, and synthetic waxes.
Eco fibers market is anticipated to grow at a considerable CAGR of 8% during the forecast period. Due to stringent environmental regulations formulated by the government, garment manufacturers are inclining towards adopting bio-based and organic fibers thereby augmenting the eco fiber market growth. Government imposes regulations on the manufacturing as well as disposal of synthetic sources of fiber production which is leading to adoption of various alternatives such as organic cotton, hemp, and other sources of eco fibers.
Industrial alcohol market is anticipated to grow at a CAGR of 6.8% during the forecast period. The growing demand for industrial alcohol in different industries owing to its antimicrobial activity, solubility, and large octane number is a key factor driving the growth of the global industrial alcohol market. As part of its green acceleration roadmap, Maire Tecnimont Group’s NextChem partnered with Brazil-based GranBio in 2020 to co-develop and co-license the 2G ethanol technology which converts non-food lignocellulosic biomass into low-carbon second-generation biofuels.
Fire resistant coatings market is anticipated to grow at a CAGR of 4.5% during the forecast period. The rising demand for fire resistant coating from end-user industries is a key factor driving the growth of the market. The existence of stringent government norms for fire safety in residential and commercial buildings is further contributing to the growing demand for the fire resistant coatings market.
Polyurethane foam market is anticipated to grow at a CAGR of 5.5% during the forecast period. The growing adoption of polyurethane in the end-user industries such as bedding and furniture, electronics, automotive, and building and construction, in emerging economies such as India, China, and others is a key factor driving the growth of the global polyurethane foam market. In June 2022, Mitsui Chemicals and Microwave Chemical launched a new initiative aimed at commercializing the chemical recycling of flexible polyurethane foam through microwave technology.
industrial nitrogen market is expected to grow at a CAGR of 7.6% during the forecast period. The growing demand for industrial nitrogen from end-user industries including food & beverage, petrochemicals, metal manufacturing & fabrication, and oil & gas among others is a key factor driving the growth of the global industrial nitrogen market. The rise in demand for industrial nitrogen in the chemical industry is anticipated to offer lucrative opportunities to the global industrial nitrogen market. The constant advancements made in cryogenic fraction distillation technology are further contributing to the market growth.
The global metal recycling market is anticipated to grow at a significant CAGR of 5.5% during the forecast period. Metal recycling refers to the processing of waste metal into new metal that supports preserving natural resources and protecting the environment. The rising demand for metal among end-user industries and rising urbanization are some factors pushing the growth of the market. In automotive manufacturing, steel is the metal of choice, owing to its low cost, high strength to weight, energy absorption in impact accidents, superior formability, and recyclability.
The global thermal insulation coatings market is anticipated to grow at a CAGR of 5.5% during the forecast period. Thermal insulation reduces heat movements and vapor condensation. Therefore, it prevents humidity, mold, freezing, a deformation that may occur in the building, and weakening of iron parts due to corrosion and helps preservation of the building. These benefits associated with thermal insulation coatings are expected to support the market positively.
The global nanocellulose market is anticipated to grow at a significant CAGR of 19.5% during the forecast period. The nanocellulose market is driven by the increased interest of companies in CNF due to its strong and lightweight properties. CNF is produced by taking out cellulose such as wood fiber and separating it to form a fine nanosized fiber. Market players are inclined toward the commercialization of CNF, which is expected to bolster market growth. For instance, in June 2021, Yokogawa Bio Frontier Inc. commenced the sale of 100% plant-derived sulfated cellulose nanofiber (S-CNF).
The Indian dicalcium phosphate market is predicted to grow considerably at a CAGR of 15.2% during the forecast period. Inorganic phosphate is considered an essential nutrient in the animal feed industry. The most commonly used phosphate supplements include calcium phosphates that supply important minerals for the development of strong bones and teeth in pets, poultry, and other livestock animals. Calcium phosphates for animal feed comprise monocalcium phosphate (MCP), dicalcium phosphate (DCP), and tricalcium phosphate (TCP). Dicalcium phosphate (DCP) is a feed additive for animals that were synthesized from phosphate rock under the optimum condition of pH, the temperature of the reaction mixture, time of reaction, and acid concentration. It is in the form of white crystal powder or granular form, odorless and tasteless.
The global steel wire market is anticipated to grow at a significant CAGR during the forecast period. Steel wire is a very useful and adaptable material that can be found in a variety of ordinary household items as well as in your automobile. Steel wire is also used for cleaning, spring-loaded devices, strengthening, structural integrity, and even generating music in aviation, construction, commercial, industrial, and military applications. However, not every wire can be utilised for every application. Steel wire is made to various strengths, elasticity, and thicknesses for various applications. Steel wires are in great demand in a variety of end-use sectors, including construction, automotive, and industrial, due to qualities including high strength, conductivity, and longevity.
The global industrial and institutional cleaning chemicals market is projected to grow at a modest CAGR of 6.9% during the forecast period. The increasing use of industrial cleaning chemicals in the refining & petrochemical and power generation industries is driving the market growth. Manufacturing & commercial offices, healthcare, retail & food service, vehicle & aerospace, hotels, and food processing & dairy sector, among other end-use groups, all contribute to the overall growth of the industrial and institutional cleaning chemicals market. Cleaning is critical to these industries' growth and performance. North America, Asia Pacific, and Western Europe are the main markets for industrial cleaning chemicals. The industrial and institutional cleaning chemicals market is growing due to a great awareness of hygiene and numerous cleanliness regulations in the region's developed economies.
The global hydraulic fracturing market is anticipated to grow at a CAGR of 7.6% during the forecast period. The global hydraulic fracturing market is growing at a modest rate due to the rise in the adoption of hydraulic fracturing in the oil & gas market for shale exploration and production. Significant investment from government and private players is expected to boost the global hydraulic fracturing market.
The global antimicrobial textile market is anticipated to grow at a CAGR during the forecast period (2022-2028). The global antimicrobial textile market is driven by the increasing huge demand for antimicrobial active wear, and rising awareness regarding health and hygiene among population. The increasing demand for antimicrobial fabrics from health care industry is also the prominent factor driving the market growth. In healthcare industry, antimicrobial fabrics plays an important role in controlling the spread of infectious microorganisms and controlling odors. In addition, these fabrics are also used to prevent Hospital Acquired Infections (HAIs) in hospitals, due to this, they are highly adopted by the healthcare industry, which drives the market growth.
The global concrete restoration market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. The major factor driving the growth of the global concrete restoration market during the forecast is the increasing need for infrastructure maintenance due to the burden of the growing population across the globe. According to the article, The Effect of Population Density on Infrastructure: The Case of Road Building, In the aggregate, increased population raises the rate of return on investment in roads. Additionally, it is to be expected that where the population per unit area is higher, there will be more roads per unit area.
The global bio-based & synthetic polyamide market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period. Widely used of petrochemical polymers have noticed a negative impact on the environment, the need for bio-based material become widespread due to growing concern about sustainability and issues related to the environment. Moreover, the use of renewable raw materials has substantially reduced the carbon footprint and has a positive impact on the environment. Additionally, the established use of bio-based polyamides is not limited to only textiles, commodities, and automobiles the use of bio-based polyamides is increasingly utilized in the medical industry.
The global recycled plastics market is anticipated to grow at a significant CAGR during the forecast period. Plastic recycling means to reprocess plastic waste into new and useful products while reducing dependence on landfills, conserving resources and protecting the environment from plastic pollution and greenhouse gas emissions. The major factor driving the growth of the global recycled plastics market during the forecast is increasing plastic consumption for the production of lightweight components for several industries such as building & construction, automotive, electrical & electronics, among others
The global SIC powder market is anticipated to grow at a significant CAGR of around 16.1% during the forecast period. The increasing steel industry is anticipated to the SIC Powder market growth owing to the silicon carbide being used as a deoxidizing agent in the steel industry and majorly used raw material in refractories production. In the Financial year(FY) 2021, India was the second-largest producer of steel with an output of 9.8 million tonnes.
The global market for mineral wool is projected to have a considerable CAGR of around 5.9% during the forecast period. Mineral wool is fibre-based, loose-fill insulation that is has a similar appearance to fiberglass insulation, though it is a bit stiffer and denser. Mineral wool insulation can improve the energy efficiency of homes cutting back on carbon emissions. Applications of mineral wool include thermal insulation, filtration, soundproofing, and hydroponic growth medium. The global mineral wool market is growing due to a rise in demand for energy-efficient buildings and an increase in the use of mineral wool in automotive systems.
The global market for ethyl acetate is projected to have a considerable CAGR of around 4.9% during the forecast period. Ethyl acetate is extensively used as a solvent for high-resolution printing inks and laminated adhesives employed in various types of flexible packaging and plastic films owing to its rapid evaporation property. Ethyl acetate is extensively employed in the solvent cast process to manufacture flexible packaging films. Flexible packaging is widely used in the packaging industry as it is very flexible and available in a variety of sizes, has a long shelf life, is less expensive, and can be recycled. These benefits make flexible packaging a preferred type of packaging in several industries.
The global polyoxin market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Polyoxins are a group of nucleoside antibiotics composed of heterocyclic moieties containing nitrogen. It is an antibiotic substance and acts to inhibit the growth of phytopathogenic fungal cell wall chitin by competitively inhibiting chitin synthetase. The major factor driving the demand for polyoxin is the increasing application of polyoxin in the agriculture industry across the globe.
The global market for synthetic graphite is projected to have a considerable CAGR of around 4.5% during the forecast period. Synthetic graphite also referred to as man-made or artificial graphite is created by refining hydrocarbons such as petroleum coke and coal tar. It is widely employed in a variety of applications and industries due to its significant material features such as corrosion resistance, thermal and electric conductivity, lightweight, and high strength. Synthetic graphite is also used as an important raw material in battery anodes and welding electrodes.
The global lutein and zeaxanthin market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Lutein and zeaxanthin are carotenoids. They are pigments that are produced by plants to give fruits and vegetables a yellow to a reddish hue. Additionally, lutein and zeaxanthin are structurally similar, however, they have a slight difference in the arrangement of their atoms and offer a range of health benefits. The major factor driving the demand for the global lutein and zeaxanthin market during the forecast period is the increasing demand for healthy & organic food products across the globe.
The global potassium sulphate market is anticipated to grow at a significant CAGR of 9.2% during the forecast period. The supportive government schemes for the production of potassium sulphate, especially for the agricultural sector are driving the market growth of potassium sulphate. For instance, the government of India has Concession Scheme and Nutrient Based Subsidy Policy for providing fertilizers to the farmers at subsidized prices. Moreover, potassium sulphate is one of the best alternative of potassium chloride as it has less environmental impact than potassium chloride. It is widely used in animal feed to boost the protein and nutrient intake of animals.
The global fibre cement market is projected to have a considerable CAGR of around 4.2% during the forecast period. Fibre cement is a material that affixes to the exterior of both residential and commercial spaces due to its properties such as resistance to wear and tear to concrete, as well as assisting the domestic space by keeping it sustainable from harsh environmental elements. Fibre cement is mostly used in the residential sector.
The global market for acrylic acid is projected to have a considerable CAGR of around 5.1% during the forecast period. Acrylic acid is an organic molecule and the simplest of unsaturated acids. Acrylic acid is used mainly in the formation of polymers. Its uses include adhesives, paints, polishes, plastics, coatings, and elastomers. Additionally, acrylic acid is used in the production of hygienic medical products, detergents, and wastewater treatment chemicals. Stringent regulations regarding the manufacture of lightweight vehicles have also increased the use of advanced adhesive materials, which results in growth for the acrylic acid market.
The global zinc lactate market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Zinc Lactate is a zinc salt of lactic acid and is a white granular / crystalline powder that is easily soluble in hot water. This lactate salt is predominantly used as a food additive and is further used in various pharmaceutical preparations. For instance, owing to its antimicrobial properties and its ability to reduce or inhibit the formation of dental plaque and tartar, zinc lactate is primarily used in dental care products such as toothpaste or mouthwash.
The global market for Melamine is projected to have a considerable CAGR of around 4.26% during the forecast period. Melamine foams exhibit high sound absorption capacity and possess an intrinsic property of flame retardancy. As a result, these foams are used in buildings, acoustic panels, suspended baffles, and metal ceiling panels. Melamine resins are also used in the production of adhesives that are largely employed in hotline fixing of car seats, panel laminations, trim, headlamps, and other interior component assemblies in the automotive industry.
The global market for Graphite electrode Market is projected to have a considerable CAGR of around 6.4% during the forecast period. Graphite electrodes are a critical component in the production of electric arc steel and steel ladle refinement, as well as in the automotive sector. The increasing use of graphite in lithium-ion batteries is one of the primary reasons propelling the global market growth. The increased demand for high-quality steel is also a significant factor driving the market’s growth.
The global wood adhesives market is anticipated to grow at a CAGR during the forecast period (2021-2027). The global wood adhesive market is majorly driven by the factors which include growing construction activities which are increasing the applications of wood adhesives, growth in the housing sector due to urbanization, infrastructure development, and increasing consumer spending on home décor and luxury furniture products in high-income countries.
The global palm methyl ester market is anticipated to grow at a CAGR during the forecast period (2021-2027). The high demand for environmentally friendly products owing to the growing concern regarding the use of non-renewable fuel consumption is the prominent factor that has supered the market growth. The palm methyl ester is a component used to convert the high viscosity of palm oil in the presence of methanol so that it can be used as an engine oil for automotive vehicles and others.
The global alkali-free fiberglass market is anticipated to grow at a significant CAGR during the forecast period. The increased demand for alkali-free fiberglass in automobile industry is anticipated to drive the market growth. With the promotion of automobile energy efficiency and discharge reduction along with increased acceptance of New Energy Vehicles (NEVs), fiberglass composite material has gradually substituted traditional metal material in the lightweight automobile segment.
The global tyrosinase market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Tyrosinase is a copper-containing enzyme that catalyzes the production of melanin and other pigments from tyrosine by oxidation.
The global DRI market is anticipated to grow at a significant CAGR of 7.4% during the forecast period. More than 100 million tons of DRI is produced annually since 2018. DRI is majorly used in the production of steel. The commissioning of new capacity, especially in Iran, the return to operation of many coal-based rotary kiln furnaces in India, and the further ramp-up of recently commissioned plants are some of the major factors driving the growth of the DRI market.
The global complex fertilizers market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to boost the market during the forecast period include the rapid growth in greenhouse production and the increasing crop demand for biofuel production.
The global high purity alumina market is anticipated to grow at a CAGR of nearly 15.2% during the forecast period (2021-2027). The prominent factors accelerating the growth of high purity alumina include rising applications of high purity alumina in consumer electronics such as smartphones and smart wearables, high demand for lithium ion batteries owing to increasing electric vehicles, and surging demand for LEDs in home décor applications.
The global farnesene market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. Farnesene is a chemical compound known as ?-farnesene. In plants, farnesene is found as a natural coating on fruits and also a component of different essential oils. Farnesene is found in green apple skin and is also found in sandalwood, cedarwood, patchouli, hops, ginger, turmeric, potatoes, gardenias, ylang-ylang, grapefruit, and myrrh. The growing awareness of natural and organic cosmetic products and ingredients along with the growing demand for farnesenes during the forecast period is supporting the growth of the farnesene market globally.
The global stable isotope labeled compounds market is anticipated to grow at a significant CAGR of 3.7% during the forecast period. The growing prevalence of various cancer types in several parts of the world is a key factor that boosts the demand for stable isotope labeled compounds.
The global syngas and derivatives market is anticipated to grow at a significant CAGR of 10.2% during the forecast period. The demand for syngas and derivatives is increasing due to their application in liquid fuels, gaseous fuel, chemical and power generation sectors.
The global rodent control market is anticipated to grow at a significant CAGR of 5.5% during the forecast period (2021-2027). The major factor contributing to the growth of rodent control market includes, most important aspects in food safety in the global food supply chain is rodents control.
The global fragrance ingredients market is anticipated to grow at a significant CAGR of around 5.0% during the forecast period. The rising demand for personal care and cleaning products such as soaps, body fregrences, mist and others isboosting the market growth.
The global flat glass market is growing at a considerable CAGR of 6.5% during the forecast period. Rising technological advancements are considered as the prime factors affecting and driving the market.
The global animal disinfectants market is growing at a considerable CAGR of 7.0% during the forecast period. Increasing diseases in livestock, rising technological advancements in animal disinfectant products for optimum utilization are considered as the prime factors affecting and driving the market.
The global industrial agitators market is expected to grow at a significant CAGR during the forecast period (2021-2027). Industrial agitators are rotating machines that create a flow between liquids and solids to mix and homogenize different types of products with equal phases.
The global in-vitro toxicity testing market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). In vitro is the process that helps examine harmful chemicals over the isolated part of the organism.
The global structural adhesive tapes market is anticipated to grow at a CAGR of around 3.9% during the forecast period (2021-2027). The global structural adhesive tapes market is majorly driven by the prominent factors which include rising demand for structural adhesive tapes from end-user industries such as building & construction, automotive, healthcare, and electrical & electronics among others.
The global emergency blankets market is expected to grow at a significant CAGR during the forecast period (2021-2027). Space blankets, mylar blankets, first aid blankets, thermal blankets, and other terms are used to describe emergency blankets.
The global pipe coatings market is anticipated to grow at a CAGR of around 5% during the forecast period (2021-2027). The coating assists in providing a protective layer to the pipe for preventing it from damaging effects of corrosion.
Nylon is a strong and stiff engineering plastic with excellent bearing and wear properties. Nylon is often used to replace metal bushings and bearings by frequently reducing the need for external lubrications.
The global marine composites market is expected to grow at a significant CAGR during the forecast period 2021-2027. The marine composites are composed of various resins and fibres including fibreglass, polyester, carbon fibre or aramid among others.
The global electroplating melt-blown non-woven material market is estimated to grow at a significant CAGR during the forecast period. Melt blowing is a typical micro-and nanofiber production technology in which a polymer melt is extruded through small nozzles while being surrounded by high-speed blowing gas.
The global chemical lidar market is estimated to grow at a significant CAGR during the forecast period. Based on the transmission of laser pulses and analysis of the return signals, light detection and ranging (LIDAR) systems have shown superior capabilities in distant detection of harmful compounds.
The Global Custom Casting Services Market is estimated to grow at a moderate CAGR during the forecast period. Metal casting is a method that involves pouring molten metal into a hollow hole mould, and cooling it to make a hardened object.
The global U.V. and blue light blocking material market is expected to grow at a significant CAGR during the forecast period. Blue light is generated from artificial sources such as television screens and smartphone screens, among others, is dangerous and causes an imbalance in the body's melatonin levels, disrupting the body's sleep cycle and circadian rhythm.
The global high purity solvent market is anticipated to grow at a significant CAGR during the forecast period. The growing usage of n-heptane solvent as a test fuel component in anti-knock engine testing is propelling the market for high purity solvents forward.
The global ceramic insert core market is expected to grow at a significant CAGR during the forecast period. For producing advanced material parts for aerospace and aero-engine complex or complicated shape the ceramic cores are using as a sacrificial insert in the component.
The global thermal gap filler market is anticipated to grow at a significant CAGR during the forecast period. Thermal gap filler is a compressible, soft material made up of two parts silicone that may be dispensed straight from the package with little to no process preparation.
The global Soybean phosphatidylserine market is anticipated to grow at a significant CAGR during the forecast period. Phosphatidylserine is an amino acid derivative molecule that is highly frequent in human neural tissue and is analogous to dietary fat. Phosphatidylserine is a white or light yellow colour loose powder.
The global pigment base coat market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global pigment base coat market include rising demands of coating in the automobile industry for protection and aesthetic purpose.
The global PV Bonding Adhesives market is anticipated to grow at a significant CAGR during the forecast period. The increased use of PV bonding adhesives in crystalline solar cell technology would aid to drive market growth during the forecast period.
The global hollow fly ash microsphere drug market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global hollow fly ash microsphere market include a rise in demand in the manufacturing of plastics, elastics, automobiles, steel, beauty care, and personal care products due to their portability, lightweight, high compression abilities.
The global hi-tech paints and coatings for autonomous vehicles market drug market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global hi-tech paints and coatings for autonomous vehicles market include rising government initiatives for road safety and rising demand for autonomous vehicles (L4 and L5).
The global Tribulus market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factor propelling the growth of the global Tribulus market includes the rising preference for natural products and traditional medicines.
The global amino acid market is expected to grow at a CAGR of nearly 7.8% during the forecast period (2021-2027). The major factor driving the growth of the global amino acid market include the rising demand for amino acids from the food industry, pharmaceutical, and nutraceutical.
The global aerographene market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for electronic devices such as mobile phones, printers, laptops, TVs, and many others. With increasing disposable income across the globe, it is expected that the market will grow significantly during the forecast period.
The global flue gas desulphurization (FGD) market is expected to grow at a moderate CAGR during the forecast period (2021-2027). The major factors contributing to the growth of the market include the rising demand from the power and energy sector and stringent government regulations for the emission of sulfur dioxide from plants.
The global phosphoric acid by furnace process market is estimated to grow at a moderate CAGR during the forecast period. Phosphoric acid is a crystalline liquid that is colourless and odourless.
The global nitrobenzyl alcohol market is estimated to grow at a moderate CAGR during the forecast period. This chemical is sometimes abbreviated as "3-NBA" or "m-NBA" in mass spectrometry. Fast atom bombardment and matrix-assisted laser desorption ionisation have both used it as a liquid matrix.
The global glass fibre veil market is estimated to grow at a moderate CAGR during the forecast period. Glass fibre tissue, also known as glass fibre veil, is made of chopped fibreglass strands that are wet placed and bound with adhesive.
The global glass fibre mat market is estimated to grow at a moderate CAGR during the forecast period. Glass fibre mats are made of a material that contains multiple extremely fine glass fibres. Glass fibre mats have mechanical qualities that are similar to polymer and carbon fibres.
The global butynoic acid market is estimated to grow at a significant CAGR during the forecast period. 2-Butynoic acid was employed as a synthon in a variety of reactions, including cycloacylation of phenols to flavones and chromones, and cyclization to ?-butyrolactones.
The global thermal gap fillers market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing need for miniaturization of electronic devices such as motherboards, chips, mobile devices, touch screens, displays, medical devices and many others.
The global synthetic progestin market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the rise in Amenorrhea cases. According to a study done in the US, around 5% of menstruating women experience the disease each year.
The global manhole cover systems market is expected to grow at a significant CAGR during the forecast period (2021-2027). As infrastructural and economic advancements in emerging and developed nations accelerate, the global manhole covers market is expected to grow considerably.
The global rubber coated fabric market is anticipated to grow at a CAGR of 4.8% during the forecast period. Rubber coated fabrics are substances that include styrene-butadiene rubber, rubber, fluor rubber, or any other rubber coating that possesses good stability and is washable, durable, and far much stronger than uncoated fabrics.
The global textile coatings market is projected to grow at a CAGR of 3.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the includes cohesive government regulations and trade agreements, increasing purchasing power of the consumers, rising adoption of automation, and growing industrialization.
The global expanded perlite market is projected to grow at a CAGR of 5.8% during the forecast period (2021-2027). The key aspects that drive the growth of the expanded perlite market includes the growth in the end-user industries such as agriculture & horticulture, construction, industrial and others.
The global cosmetic chemicals market is projected to grow at a CAGR of 7.5% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the growing aging population across the globe.
The global green hydrogen market is anticipated to grow at a significant CAGR of 10.8% during the forecast period (2021-2027). The increasing adoption of green hydrogen as a replacement of GHG causing material in transportation and power generation fuel along with cohesive government policies to promote production of green hydrogen is a key factor driving the growth of the global green hydrogen market.
The global coating resins market is projected to grow at a CAGR of 3.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the increasing demand for the coating resins from the end-use industries such as building & construction, transportation, packaging, consumer goods, and others.
The US aluminium extrusion market is projected to grow at a considerable CAGR of 3.6% during the forecast period. Aluminium extrusion denotes the method of melting and transforming aluminium alloy bars into an elongated material by passing it through a cross-sectional die.
The North American aluminum extrusion market is expected to grow at a substantial CAGR of 3.5% during the forecast period. Aluminum extrusion provides the ability to create shapes to meet design challenges from large to small products such as electric motor housing to radiation shutter.
The European aluminum extrusion market is projected to grow at a considerable CAGR of 3.2% during the forecast period. The market is growing due to the rise in demand from commercial and passenger vehicles. Around 40% of all aluminum extrusions are either painted, anodized, or coated in some way.
China aluminum extrusion market is projected to grow at a considerable CAGR of 4.8% during the forecast period. Aluminum extrusion is a technique of changing aluminum alloy bars into different shapes using an elongated cross-sectional die.
Asia-Pacific aluminum extrusion market is projected to grow at a considerable CAGR of 4.5% during the forecast period. Aluminum extrusion is a method of changing aluminum alloy bars into different shapes using an elongated cross-sectional die.
The global aluminum extrusion market is growing at a considerable CAGR of 3.6% during the forecast period (2021-2027). The aluminum extrusion market is experiencing high demand owing to the high rate of adoption by the automotive industry, electric, and building, and aircraft due to its lightweight and corrosion-free properties.
The global terminal sterilization services market is anticipated to grow at a CAGR of around 6.1% during the forecast period (2021-2027). The pivotal factors contributing to the growth of market include rising prevalence of chronic diseases due to which number of surgical procedures are increasing, rising healthcare-associated infections owing to the COVID-19 pandemic, and surging demand for critical care equipment.
The global synthetic leather market is anticipated to grow at a CAGR of around 8.0% during the forecast period (2021-2027). Synthetic leather is a versatile and affordable alternative to genuine leather. Due to the increasing fashion industry, the demand for synthetic leather is growing at a rapid pace.
The North American betaine market is anticipated to grow considerably at a CAGR of 4.5% during the forecast period (2021-2027). The high awareness related to the benefits of using betaine as a dietary supplement among consumers is a prominent factor that drives the growth of the North American betaine market.
The Asia-Pacific betaine market is anticipated to grow considerably at a CAGR of 7.6% during the forecast period (2021-2027). Rising presence of pharmaceutical industry, beauty products industry, and growing food & beverage industry are the key contributors to the high share of the regional market.
The global betaine market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period (2021-2027). The rising demand for health beneficiary products with high nutritional value among consumers across the globe is one of the prominent factor driving the growth of the betaine market.
The global abrasives market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period (2021-2027). The growing automotive, metal fabrication, machinery, electronics, electrical, medical, and construction industries across the globe are driving demand for abrasives which in turn is driving the global abrasives market.
The North American renewable chemical market is anticipated to grow considerably at a CAGR of 8.4% during the forecast period (2021-2027). The growing awareness related to the benefits of renewable chemical and rising focus of the US government towards exploring the potential of green chemical in reducing carbon footprints are key factors driving the growth of the North American renewable chemical.
European renewable chemical market is anticipated to grow considerably at a CAGR of 8.1% during the forecast period (2021-2027). The growing awareness related to the benefits of renewable chemical and rising focus of the European Commission towards exploring the potential of green chemical in reducing carbon footprints are key factors driving the growth of the European renewable chemical.
Asia-Pacific renewable chemical market is anticipated to grow considerably at a CAGR of 10.6% during the forecast period (2021-2027). The growing demand for green chemicals to suppress the carbon emission is a key factor driving the growth of Asia-Pacific renewable chemical market.
The global renewable chemical market is anticipated to grow at a significant CAGR of 9.8% during the forecast period (2021-2027). The growing demand for green chemicals to suppress the carbon emission is a key factor driving the growth of the global renewable chemical market.
The North American acetonitrile market is anticipated to grow at a CAGR of 4.2% during the forecast period (2021-2027). The market is set to display impressive growth during the forecast period with some key trends emerging, such as growing investment in the pharmaceuticals industry,
The Indian acetonitrile market is predicted to grow considerably at a CAGR of 5.2% during the forecast period (2021-2027). Acetonitrile is the simplest of organic nitriles with the chemical formula CH3CN. It is also known as cyano-methane, methyl cyanide, ethyl nitrile, methane carbonitrile, etc.
The European acetonitrile market is projected to grow at a modest CAGR of 3.8% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the various properties possessed by the acetonitrile, low toxicity, polarity, and high boiling point than other solvents and its application in spinning fibers, casting and molding plastic products, manufacturing lithium batteries.
China acetonitrile market is predicted to grow considerably at a CAGR of 5.9% during the forecast period (2021-2027). The presence of major manufacturers of chemicals across the region is a key factor driving the growth of the acetonitrile market in China.
The Asia-Pacific acetonitrile market is predicted to grow considerably at a CAGR of 5.5% during the forecast period (2021-2027). The presence of major manufacturers of chemicals across the region is a key factor driving the growth of the acetonitrile market in Asia-Pacific.
The global acetonitrile market is projected to grow at a modest CAGR of 4.5% during the forecast period (2021-2027). Acetonitrile is a volatile, clear, and colorless liquid with the empirical formula C2H3N. Acetonitrile possesses a wide range of applications. It is used to extract fatty acids and animal and vegetable oils.
European lithium ion battery binder market is predicted to grow considerably at a CAGR of 12.8% during the forecast period. The market growth is attributed to the increasing demand for lithium ion batteries from the well-established automotive industry across the region.
The China lithium ion battery binder market is predicted to grow considerably at a CAGR of 15.6% during the forecast period (2021-2027). The high production rate of lithium ion batteries in the country is a key factor driving the growth of lithium ion battery binder market in China.
Asia-Pacific lithium ion battery binder market is predicted to grow considerably at a CAGR of 15.5 % during the forecast period (2021-2027). The presence of major manufacturers of batteries across the region is a key factor driving the growth of lithium ion battery binder market in Asia-Pacific.
North American lithium ion battery binder market is predicted to grow considerably at a CAGR of 12.5 % during the forecast period (2021-2027). The growing presence of major manufacturers of batteries across the region is a key factor driving the growth of lithium ion battery binder market in North America.
The Japan lithium ion battery binder market is predicted to grow considerably at a CAGR of 15.2% during the forecast period (2021-2027). The growing demand for the automotive batteries due to growing EV market in the country is a key factor driving the growth of Japan lithium ion battery binders market.
Global Lithium ion battery binder market is anticipated to grow at a significant CAGR of 13.5% during the forecast period (2021-2027). The growing lithium ion battery industry owing to its excessive application in consumer electrics and electric vehicles is a key factor driving the growth of the global lithium ion battery binder market.
Activated carbon is a form of carbon that is processed to have small, low-volume pores that enhances the surface area for adsorption and chemical reactions. The global activated carbon market is projected to grow at a CAGR of 8.2% during the forecast period (2021-2027).
The global industrial rubber market is projected to grow at a CAGR of 4.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes a wide range of properties possessed by industrial rubber. Industrial rubber has significant industrial applications owing to better abrasion resistance, thereby, increased demand from the various industries.
The additive manufacturing & material market is anticipated to showcase significant CAGR of 22.9% during the forecast period. The growing research related funding along with the rapid advancements in material composition such as the growing use of advanced polymers and metals is a key factor driving the regional market growth.
UK additive manufacturing & material market is anticipated to showcase significant CAGR of 25.5% during the forecast period. The growing research related funding along with the rapid advancements in material composition such as the growing use of advanced polymers and metals is a key factor driving the country’s market growth.
The additive manufacturing & material market is anticipated to showcase significant CAGR of 23.5% during the forecast period. The growing research related funding along with the rapid advancements in material composition such as the growing use of advanced polymers and metals is a key factor driving the regional market growth.
The additive manufacturing & material market is anticipated to showcase significant CAGR of 25.1% during the forecast period. Europe has a prominent share in the global AM & material market.
The additive manufacturing & material market is anticipated to showcase significant CAGR of 30.0% during the forecast period. The growing research related funding along with the rapid advancements in material composition is a key factor driving the regional market growth.
Additive Manufacturing & Material market is projected to grow at a significant CAGR of 27.5% during the forecast period (2021-2027). Additive manufacturing or 3D printing is a transformative approach to industrial production that enables the creation of lighter, stronger parts and systems.
The global tungstic acid market is projected to grow at a CAGR of 2.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the growth in the end use industries such as plastics, chemicals, and textiles.
Insect repellents are an alternative to the use of insecticides. Insect repellents can be applied directly to the skin for the protection against the bites of mosquitoes, mites, ticks, and lice or, less commonly, may be used to exclude insects from an area, such as in packaging to prevent infestation of stored products.
Fumaric acid is an organic compound with a white solid form and it occurs widely in nature. It has a fruit-like taste and has been used as a food additive and other technical grades. The global fumaric acid market is projected to grow at a CAGR of 5.3% during the forecast period (2021-2027).
UK concrete reinforcing fiber market is estimated to grow at a CAGR of 4.1% during the forecast period. The growing infrastructure projects are a crucial factor in leveraging market growth. As per the UK Government, the National Infrastructure and Construction Procurement pipeline includes 340 procurement contracts across more than 260 projects, programs, and other investments.
Indian concrete reinforcing fiber market is estimated to grow at a CAGR of 6.4% during the forecast period. Rising infrastructure spending and growing industrialization are the major factors leveraging market growth.
North American concrete reinforcing fiber market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing residential and commercial construction is one of the major factors in driving market growth.
European concrete reinforcing fiber market is estimated to grow at a CAGR of 4.2% during the forecast period. Growing investment in infrastructure projects and rising industrialization are some pivotal factors accelerating market growth.
Asia-Pacific concrete reinforcing fiber market is estimated to grow at a CAGR of 5.4% during the forecast period. The major factors encouraging the market growth include the growing spending in infrastructure projects and rising industrialization in the region.
The global concrete reinforcing fiber market is estimated to grow at a CAGR of 4.8% during the forecast period. Some pivotal factors accelerating the market growth include the rising industrialization and growing infrastructure projects across the globe.
North American green ammonia market is anticipated to grow at a significant CAGR of 6.8% during the forecast period (2021-2027). The growing inclination towards the sustainable source of energy for power generation and transportation fuel is a key factor driving the growth of the North American green ammonia market.
European green ammonia market is anticipated to grow at a significant CAGR of 5.6% during the forecast period (2021-2027). The growing inclination towards the sustainable source of energy for power generation and transportation fuel is a key factor driving the growth of the European green ammonia market.
Asia-Pacific green ammonia market is anticipated to grow at a significant CAGR of 9.5% during the forecast period (2021-2027). The growing inclination towards the sustainable source of energy for power generation and transportation fuel is a key factor driving the growth of the Asia-Pacific green ammonia market.
The global green ammonia market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2021-2027). With the growing potential of green ammonia as energy source and an energy carrier, a high adoption of green ammonia to curb greenhouse gases emission has been noticed.
The global dimethyl carbonate (DMC) market is projected to grow at a modest CAGR of 5.1% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the increasing demand for dimethyl carbonate (DMC) for various applications such as polycarbonate production, solvents, pharmaceutical, pesticides, Li-Ion batteries, and others.
North American calcium carbonate market is estimated to grow at a CAGR of 3.4% during the forecast period. The major factors encouraging market growth include the rising paper and plastics industry and the growing construction industry in the region.
Japan calcium carbonate market is estimated to grow at a CAGR of 3.2% during the forecast period. Some pivotal factors leveraging the market growth include the rising paints and coatings and plastics industry and significant production of calcium carbonate in the country.
Indian calcium carbonate market is estimated to grow at a CAGR of 5.1% during the forecast period. Growing plastics and paper industry is a key factor accelerating the market growth. Plastics manufacturing has been witnessed significant growth in India.
European calcium carbonate market is estimated to grow at a CAGR of 2.9% during the forecast period. Some pivotal factors encouraging market growth include the rising plastics industry and the pulp and paper industry in the region.
Asia-Pacific calcium carbonate market is estimated to grow at a CAGR of 4.1% during the forecast period. The growing plastics and paper and coatings industry is the major factor accelerating the market growth.
The global calcium carbonate market is estimated to grow at a CAGR of 3.5% during the forecast period. Some pivotal factors accelerating the market growth include a significant application in the plastics and paper industry and the cost-effectiveness of calcium carbonate.
The North American textile chemicals market is anticipated to grow at a CAGR of 3.1% during the forecast period. High apparel demand, increasing environmental concerns, and favorable government regulations & trade agreements are the primary drivers of the textile sector in the region, which directly induces the demand for textile chemicals.
The Indian textile chemicals market is estimated to grow at a substantial CAGR of 5.1% during the forecast period. India is a growing economy and holds great potential for future market opportunities. The country witnessed a decline in its GDP to 5% in the quarter ending June 2019 (its lowest in five years) from 7.1% in 2018.
The European textile chemical market is anticipated to grow at a moderate CAGR of 2.9% during the forecast period. In Europe, the textile industry is a major contributor to the economy, employing nearly 6% of the working class in total manufacturing in the region, which creates a plethora of opportunities for textile chemicals space in the region.
China textile chemicals market is anticipated to grow at a substantial CAGR of 4.4% during the forecast period. In the Asian economy, China holds a major share in the apparel industry, growing on the basis of rising production and export, across the globe including the US, Japan, and EU (European Union).
The Asia-Pacific textile chemicals market is anticipated to grow at a CAGR of 4.1% during the forecast period. The Asia-Pacific textiles and apparel market has accelerated over the historic period, with strong rates achieved in the last three years (2017, 2018, 2019), which consequently benefited the textile chemicals industry in the region.
The global textile chemicals market is projected to grow at a CAGR of 3.6% during the forecast period (2020-2026). Textile chemicals are intermediate compounds used for improving and optimizing fabric processing or for manufacturing processes. The demand for textile chemicals is increasing due to technological advancement in mechanized-produced textiles, to fulfill the clothing demands of the increasing population and providing effective quality and durability of textile materials.
The North American polysiloxane market is anticipated to showcase a considerable growth rate of 3.8% during the forecast period (2020-2026). The growing utility of polysiloxane in healthcare, transportation, electronics, and food & beverages among other industries owing to its offered benefits such as heat resistance, dielectric properties, and weatherability is a key factor contributing towards the growth of the polysiloxane market across North American.
The Asia-Pacific polysiloxane market is anticipated to showcase a considerable growth rate of 4.8% during the forecast period (2020-2026). The growing utility of polysiloxane in healthcare, transportation, electronics, and food & beverages among other industries owing to its offered benefits such as heat resistance, dielectric properties, and weatherability is a key factor contributing towards the growth of the polysiloxane market across the Asia-Pacific region.
The global polysiloxane market is projected to grow at a considerable CAGR of 4.2% during the forecast period (2020-2026). Polysiloxane is a chemical material that is chemically inert, resistant to water and oxidation, and are perfectly stable at both high and low temperatures.
The North American fire-resistant glass market is anticipated to showcase a considerable growth rate of 7.5% during the forecast period. Fire-resistant glass is in high demand in the region, owing to proper implementation of state and national policies and building codes to improve fire safety in the region.
The Asia-Pacific fire-resistant glass market is anticipated to exhibit a considerable CAGR of 9.5% during the forecast period. The presence of strict laws and regulations related to fire safety is a key factor contributing to the demand for fire-resistant glass in the region.
The global fire-resistant glass market is projected to grow at a considerable CAGR of 8.9% during the forecast period (2020-2026). The growing construction and transport industry across the globe along with the rising emphasis on improving the fire safety standards is a key promoter to the growth of the global fire-resistant glass market.
The global recycled glass market is projected to grow at a CAGR of 6.8% during the forecast period (2020-2026). The key factors that drive the growth of the market include the rising concerns for proper waste management across the globe. Increased concerns generate the need for decomposing and reusing the material which encourages the recycling of materials across the globe.
European construction composites market is anticipated to showcase a considerable growth rate during the forecast period. The growing demand for construction composites from several European countries including the UK, France, Germany, and Spain for various construction applications is a key factor driving the regional market growth. In Europe, Germany is known to be the major manufacturer of construction composites. According to the Budget 2020 introduced in March 2020, by the end of the parliament, public sector net investment will be triple the average over the last 40 years in real terms.
China construction composites market is anticipated to showcase a considerable growth rate of 6.8% during the forecast period. The presence of a well-established chemical sector and considerable growth in investment regarding eco-friendly building and construction industry are the pivotal factors driving the China construction composite market. According to the National People’s Congress, in March 2019, CNY 1.8 trillion ($261 billion) of investment was planned for road construction and waterway projects.
The Asia-Pacific construction composites market is anticipated to showcase a considerable growth rate of 6.0% during the forecast period. The growing demand for construction composites from China, India, Japan, and South Korea for various construction applications is a key factor driving the regional market growth. China is one of the key contributors to the growth of the construction composites market in Asia-Pacific.
The US construction composites market is anticipated to exhibit a CAGR of 3.9% during the forecast period. The presence of a well-established chemical sector and considerable growth in investment regarding eco-friendly building and construction industry are the pivotal factors driving the US construction composite market. According to the US Department of Energy, the US is the major chemical producer across the globe, accounting for nearly one-fifth of the world’s total chemical production.
The North American construction composites market is anticipated to showcase a considerable growth rate during the forecast period. The presence of a well-established chemical sector and considerable growth in investment regarding eco-friendly building and construction industry are the pivotal factors driving the North American construction composite market. As per the America Chemistry Council, in the US alone, the chemical industry registered a significant growth of 2.5% rise in 2019 and is projected to register a significant growth of 3.0% rise in 2020, despite this pandemic.
The construction composites market is projected to grow at a CAGR of 4.5% during the forecast period (2020-2026). The increasing penetration of composites in the construction industry owing to their low cost of purchase, long life, and low maintenance cost is the key factor driving the growth of the construction composites market.
The global polytetrafluoroethylene (PTFE) market is anticipated to grow at a CAGR of 4.8% during the forecast period. The increasing demand from the end-user industry and heat resistance and transparency of PTFE in comparison to other conventional polymer is a major factor to drive the growth of the global PTFE market. PTFE is a versatile and high-performance fluoropolymer made up of carbon and fluorine particles.
The global polyetherimide (PEI) market is anticipated to grow at a CAGR of 6.3% during the forecast period. The growth of the market is attributed to the increasing demand for PEI from the end-user industry and heat resistance and transparency of PEI in comparison to other conventional polymers. PEI offers high strength modulus, and good electrical & insulation properties. In the Medical sector, PEI resins are suitable for both disposable and reusable medical devices.
UK chemical industry is expected to see a CAGR of 1.9% during the period (2019-2025). UK chemical industry has a significant Brexit impact, which in turn, results in trade disruptions and uncertainty in investment. The UK’s decision to exit the EU has created an economic and political challenge which leads to the uncertainty for companies and their employees associated with different sectors.
North American chemical industry is expected to see a CAGR of 2.0% during the period (2019-2025). The North American region is dominated by the presence of the manufacturers of basic chemicals and fertilizers. As per the World Bank; North America’s GDP was $22.3 trillion in 2018. In the region, there has been an increase in domestic oil and natural gas production, due to the increased demand from the end-use market, which positively impacted the growth of the chemical sector in the region pre-COVID-19.
MEA chemical industry is expected to see a CAGR of around 2.4% during the period (2019-2025). The Middle East’s chemical industry has grown significantly over the past two decades. Saudi Arabia, Qatar, and Iran are the key economies of MEA region that contributes highest in the growth of the chemical industries, primarily impacting the market growth in the region. The Middle East’s chemical industry has grown significantly over the past two decades.
Japan chemical industry is expected to see a CAGR of 0.3% during the period (2019-2025). Japan is one of the developed economies, contributing significantly to the global chemical market. According to the Japan Chemical Industry Association (JCIA), the chemical industry is the second largest manufacturing industry followed by the automotive industry.
India chemical industry is expected to see a CAGR of 4.8% during the period (2019-2025). India is anticipated to notice a considerable impact on its chemical industry due the outbreak of COVID-19 pandemic. The value of chemical sales in India is expected to showcase a slight decline due to this outbreak. Indian chemical industry purchases the raw material for chemical manufacturing from China and with the supply chain disturbance; the Indian chemical manufacturing firms are having shortage of raw-material and capital goods for chemical manufacturing.
Germany chemical industry is expected to see a CAGR of 2.1% during the period (2019-2025). The Germany chemical industry has shown potential across the segments, including petrochemicals, basic inorganics, polymers, agrochemicals, cosmetics, pharmaceuticals, and specialties. The significant presence of major automobile companies and the rising packaging industry are some crucial factors contributing to the adoption of chemicals in the country.
France chemical industry is expected to see a CAGR of 2.0% during the period (2019-2025). France is one of the leading economies and technologically advanced nation in Europe. France is the fifth-largest economy across the globe and the third-largest economy in Europe. The chemical industry is a key contributor to the French economy. According to the European Chemical Industry Council (CEFIC) Industry, added value by chemical industry was estimated at around $20.32 billion in 2018, more than 8.0% of the country’s manufacturing added value, ranking chemicals third behind the food and beverages and metallurgy.
The European chemical industry is expected to see a CAGR of 1.8% during the period (2019-2025). The chemical industry of Europe is among the largest manufacturing sectors; it is the second-largest producer of chemicals across the globe. In 2018, the European Union (EU) chemical industry represented nearly 7.5% of the EU manufacturing in terms of turnover. The chemical industries in the EU are energy-intensive and have been facing tough competition from other regions.
China chemical industry is expected to see a CAGR of 3.3% during the period (2019-2025). China is the key supplier of different chemicals used in the formation of finished products such as plastic, fertilizers, and medicines and for other intermediate products used in countless industries. The outbreak of the COVID-19 has made the Chinese chemical industry under strain owing to the increased infection rate, city shutdowns, and transportation ceases across the nation.
Asia-Pacific chemical industry is expected to see a CAGR of 3.0% during the period (2019-2025). Asia-Pacific chemical industry is anticipated to get highly affected by the spread of the COVID-19. China has been hit hard by the spread of the virus as the country is the epicenter of the COVID-19. Japan, South Korea, India, and Australia are some of the key economies in Asia-Pacific that are also under threat of COVID-19 outbreak and so is their chemical industry.
The polypropylene film market is anticipated to grow at a CAGR of 8.3% during the forecast period. Polypropylene films are low-cost thermoplastics with good transparency, gloss, and tensile strength. Polypropylene films very are well suited for a broad range of applications in flexible packaging as well as industrial, cosmetic and automotive applications.
The epoxy resins market is anticipated to grow at a CAGR of 6.8% during the forecast period. Epoxy resins are widely accepted owing to their properties such as sleek appearance, durable quality, and great protection for the variety of applications. Additionally, a number of industries are now preferring to use epoxy resins as an adhesive in place of screws, bolts, and nuts for the component assembly owing to the epoxy resins' ability to adhere to a wide variety of materials.
The epoxy resins market is anticipated to grow at a CAGR of 6.8% during the forecast period. Epoxy resins are widely accepted owing to their properties such as sleek appearance, durable quality, and great protection for the variety of applications. Additionally, a number of industries are now preferring to use epoxy resins as an adhesive in place of screws, bolts, and nuts for the component assembly owing to the epoxy resins' ability to adhere to a wide variety of materials.
The biocides market is anticipated to grow at a CAGR of 5.2% during the forecast period. Biocides are widely used in the production of antimicrobial disinfectants, sterilizers, and sanitizers that aids in stopping or eliminating the spread of disease and infections. Biocides are also widely used as a disinfectant of the machine equipment in the industries.
The silicon resin market is projected to grow at a considerable CAGR of around 6% during the forecast period (2020-2026). Silicone materials combine the properties of organic and inorganic materials, exhibiting many unique physical and chemical features, such as thermal stability, weathering resistance, low surface tension, maintaining elasticity at low temperatures, hydrophobicity, and surface activity.
The biocontrol agent market is anticipated to grow at a CAGR of 9% during the forecast period. Biocontrol agents are used for pest management in the agriculture fields. The usage of biocontrol agents is increasing constantly owing to the fact that it causes less environmental side effects.
The global hot melt adhesives market is growing at a significant CAGR of around 7.0% during the forecast period (2020-2026). Hot melt has been widely used in packaging industry since 1960's. The hot melt is considered cost effective when used in conjunction with hot melt systems running continuously.
The global cleanroom consumables market is anticipated to grow at a CAGR of over 5% during the forecast period. The cleanroom consumable products aids in the safety of the worker along with ensuring the efficacy of products manufactured in the end-user industries. Cleanroom consumables products can avoid even the slightest of the contamination.
The biological control market is anticipated to grow at a CAGR of over 12% during the forecast period. Biological control is a part of pest management strategy which is used for the reduction of pest population by natural mechanisms. The use of biological control is preferred most as the adverse effects on environments is minimum which is anticipated to be the major driving factor of the biological control market.
The conductive polymer market is anticipated to grow at a CAGR of over 7% during the forecast period. Conductive polymers are used in a number of applications including fabrication of the electronic device, rechargeable batteries, solar energy conversion, sensors, and many more. The significant rise in the global production of polymers has been witnessed owing to its emerging demand from various end-user industries such as the automotive and construction industry.
The global biopesticides market is anticipated to grow at a significant CAGR of around 12% during the forecast period. Biopesticides are defined as pesticides that are derived from naturally occurring minerals or animals, plants, and insects. The use of biopesticides aids in reducing the adverse effects on environments that are anticipated to be the major driving factor for the growth of the biopesticides market.
The global waterborne coatings market is projected to grow at a considerable CAGR during the forecast period. The increasing application of waterborne coatings in the construction, packaging, textile, and electronics industry among others is a key factor to drive the growth of the global water coating market. The waterborne coatings use water as a solvent to disperse a resin.
The global 3D printing material market is estimated to grow at a CAGR of around 13% during the forecast period. The major factors contributing to the growth of the market include the rising use of 3D printers in healthcare, automotive, aerospace, and the education industry.
The water-based resins market is projected to grow at a considerable CAGR of around 6% during the forecast period. The global water-based resin market is growing rapidly owing to the increasing application of these chemicals in the construction, packaging and textile industry. The water-based resins are the resins that use water as a solvent to disperse a resin.
The global composite doors and windows market is projected to grow at considerable CAGR of around 6% during the forecast period. The growing application of composite doors and windows owing to increasing demand for the replacement of traditional doors and windows is anticipated to be a major factor to propel the growth of the global composite doors and windows industry.
The global silicone market is anticipated to grow at a CAGR of around 4% during the forecast period. The factor such as increasing demand from the electronics industry due to its large thermal stability and resistance to ozone, UV radiation, and moisture is expected to fuel the growth of the silicone market during the forecast period.
The polycarbonate diols market is anticipated to grow at a CAGR 4.8% during the forecast period. Rising demand for data storage devices in consumer electronics are the factors that are propelling the growth of the global polycarbonate diols market. The key participants operating in the polycarbonate diols market could be benefited from its flame retardant and heat resistance properties of the product.
Chinese chemical industry has gone under high strain with the outbreak of COVID-19. China is presumed to be the epic center of the virus. By 27th March 2020, China has registered more than 81,000 cases related to COVID-19 in the country. The high infection rate, city shutdowns, and transportation halts across the nation had made a negative impact on the chemical industry of the country.
The chemical industry has been noticing the adverse effects of the COVID-19 outbreak. The chemical industry plays an important role in the production of countless products such as plastic, fertilizers, medicines, packaging products and so on. With the widespread of the coronavirus, many production facilities of several end-user industries have been halted. With this, the demand for chemicals used in these facilities has been declined.
The global healthcare fabrics market is estimated to grow at a CAGR of 6.2% during the forecast period. The major factors contributing to the growth of the market include the rising focus on infection prevention and control techniques among healthcare facilities coupled with the significant demand for non-woven fabrics in the healthcare industry. The prevalence of healthcare-acquired infections is a major problem across the globe.
The global polymeric phosphonate market is expected to grow with a modest rate at a CAGR of 6.3% during the forecast period (2019-2025). Polymeric phosphonates and phosphonic acids are organic molecules that are based on phosphorus, carbon, oxygen, and hydrogen.
The global liquid filtration market is estimated to grow at a significant CAGR of 7.2% during the forecast period. Liquid filtration process involved the removal of any solids from liquids by the flowing the contaminated liquid through a filter media that retains the solid waste and allows the only clean product to pass through.
Hygiene product industry is growing at a CAGR of 3.8% during the forecast period. The factors that were fueling the growth of the market before the pandemic of COVID-19 include the recent improvement in standards of living coupled with the growth in public attention towards overall health all across the globe. Additionally, factors such as recent awareness programs through social media and advertisement also contributed significantly to the global hygiene product market growth.
Chlor-Alkali refers to the two chemicals, including chlorine and alkali which are produced as a result of the electrolysis of saltwater. According to the Chlorine Institute, most of the chlorine is manufactured using electrolysis process by the diaphragm, membrane, or mercury cell process. In each process, a salt solution (sodium or potassium chloride) is electrolyzed by the action of direct electric current which converts chloride ions to elemental chlorine.
The building thermal insulation is anticipated to grow at 4.2% CAGR during the forecast period. The factor such as rising residential and commercial application of the product to decrease the energy cost with growing awareness concerning to energy conversation is fuelling the growth of building thermal insulation industry.
The global construction chemicals market is anticipated to grow at a significant CAGR of 7.8% during the forecast period. Construction chemical offers feasible solutions to build a strong and durable structure and is important in the process of construction. Additionally, it increases the life of structures and can protect them from environmental calamities. It is primarily composed of chemical formulations added in particular quantities in concrete, cement, or other construction material to meet the aesthetic, design, and functional requirements of civil structures.
The global optical ceramics market is estimated to exhibit a significant CAGR of over 12% during the forecast period. The market growth is primarily driven by the growing application of the alternative products of glass, metals, and plastics. The optical ceramics also are known as the transparent ceramics and have wide applications in various industries such as aerospace, optoelectronics products, and others.
The global flame-retardant market is projected to witness a significant CAGR of 5.2% during the forecast period. The market growth is mainly driven due to rising applications in various end-user industries such as building & construction, electrical & electronics, and others.
The global R-125 refrigerant market is expected to register a 1.8% CAGR over the forecast period. R-125 refrigerant is one of the most prominent refrigerants used across various industries. R-125 refrigerant is not only used in industries but, is also used as a key ingredient in a large number of refrigerant blends. In fact, R-125 refrigerant is used in as many as 20 different types of blended refrigerant. R-125 is not flammable at ambient temperatures and atmospheric pressure, thus used in the fire extinguisher. Synthetic refrigerants such as R-125 refrigerant play an important role in the refrigeration and air conditioning technology industry.
The global membrane separation technology market is anticipated to grow at a substantial CAGR of 7.0% during the forecast period. The growth is attributed to the increasing use of membrane separation technology in the wastewater treatment industry. With the depriving water quality and scarcity of clean drinking water, the economic and social landscape globally, especially in the emerging economies is expected to be affected adversely. According to the World Health Organization in 2019, 785 million people don’t have a basic drinking-water service including 144 million people drinking untreated surface water from lakes, ponds, rivers, and streams. Membrane separation technology is one of the most effective ways used to purify water.
The global surface
disinfectant market is estimated to have a significant CAGR of 8%, during the
forecast period.The major factors contributing to the market growth include
growing awareness towards sanitation, and safety in hospitals and laboratories.
The global chlor-alkali market is anticipated to grow at a substantial CAGR of 5.0% during the forecast period. The market growth is attributed to the growing production capacities of chlor-alkali coupled with its increasing consumption in end-user industries such as gas, chemical, and pulp & paper. In addition, the increasing use of chlorine-based products in soaps and detergents is further expected to fuel the global chlor-alkali industry. The global chlor-alkali market is one of the largest markets in the chemical industry globally with chlorine, soda ash, and caustic soda being the major products.
The global physical vapor deposition (PVD) market is anticipated to grow at a significant CAGR of 8.5% during the forecast period. The major factors that are augmenting the growth of the market include considerable growth in the semiconductor industry, rising demand for medical equipment application, and preference for PVD over other coating techniques. Moreover, the global physical vapor deposition has been widely used in medical applications to deposit wear-resistant thin film coating on medical devices including pacemakers, dental instruments, orthopedic implants, and surgical instruments.
The global waterproofing membrane market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. The global waterproofing membrane is driven by the rising demand from the building and construction industries. A waterproofing membrane is a very thin layer of water-tight material that is placed on a surface to restrict the water to pass through it. It is widely adopted in the construction of buildings or existing infrastructures. For instance, the waterproofing membrane can be structured above the structural slab and below the tiles in a flat terrace.
Silicon nitride (Si3N4) is an inorganic, non-metallic advanced ceramic material which is composed of silicon and nitrogen. The silicon nitride was first developed in the 1950’s for the use as thermocouple cubes, crucibles for molten metals and for rocket nozzles.
Polyimide is a polymer
of imide monomers which possesses high heat-resistance property that enables to
find diverse application in various end-use industries such as electronics,
automotive, aerospace, and energy among others. The global polyimide films
market is expected to witness significant growth over the forecast period.
Global microporous
insulation market is estimated to grow at a considerable rate during the
forecast period. Microporous insulation is a composite material fabricated with
a blend of ceramic powder and fibers. The global microporous insulation market
is driven by various factors which include wide end-use application in the industrial
sector, growing demand for thermal insulation in refrigeration and cryogenic
applications, and technical advantages of microporous insulating material.
Polyphenylsulfone is
a high-performance thermoplastic that is used in several end-user industries
such as household and food technology, aerospace, automotive, medical, and
electrical and electronics. Polyphenylsulfone polymers offer better impact and
chemical resistance as compared to polysulfone and polyetherimide.
Dimethyl Ether, which is also known as methoxymethane is a colorless gas
used in different fuel and heating applications. The market for bio-based and synthetic dimethyl ether
has been growing for the past decade and is expected to grow during the
forecast period owing to its extensive usage in aerosol propellants,
LPG blending, transportation, industrial, and domestic applications.
Process oils are referred to as a special oil that is widely being consumed in technical and chemical, industry, either in the form of raw material or as an aid to material processing.
The global folding IBCs (Intermediate bulk containers) market is expected to grow considerably during the forecast period. IBCs are multi-use industrial containers designed for the handling, transport and storage of liquids, semi-solids, or solids.
Benzalkonium chloride (BAC or BKC) is also known as alkyldimethylbenzylammonium chloride (ADBAC). Benzalkonium chloride is an organic salt which is classified into a quaternary ammonium compound that is used as a cationic surfactant.
The India chlor alkali market is expected to grow at a CAGR of 6.5%
during 2017-2022. The chlor-alkali market in India has witnessed healthy
growth in recent years, largely boosted by increasing demand from end
user industries owing to higher output from the chemicals sector.
Caustic Soda, Chlorine and Soda Ash are the three major segment of this
market. Chlorine is produced as a by-product during caustic soda
production and is widely used during PVC manufacturing,
Natural zeolites are considered as hydrated aluminosilicate materials that hold sorption and ion-exchange properties. These are naturally occurring zeolite that can be utilized as moisture absorbent and other molecules in water treatment, filtration, swimming pools, and other applications.
The Battery recycling market is expected to grow at a CAGR of 6.7 %
during 2017-2022. The battery contains harmful substances such as lead,
cadmium and so on, which is very much dangerous for the environment.
Chlor-alkali market is estimated to grow at a CAGR of 6.1% during 2017-2022. The market is driven by increasing demand for chlor-alkali products in the emerging markets and high demand from various end users such as organic and inorganic chemicals manufacturing companies, pulp & paper, and water treatment. It is commonly available in the market with names such as, chlorine, caustic soda, and soda ash.
Global hydraulic fracturing market is expected to grow at the CAGR of 8.2% during 2018-2023. The global hydraulic fracturing market is growing at a modest rate due to rise in adoption of hydraulic fracturing in oil & gas market for shale exploration and production. Significant investment from government and private players are expected to boost the global hydraulic fracturing market.
The global ammonium nitrate market to show moderate growth during the forecast period. Ammonium nitrate is nitrate salt of ammonium that has been used in various applications across the globe. It commercially exists as a crystalline white solid which is highly soluble in water.
Polycarbonate is a unique engineering thermoplastic which
syndicates a high level of optical, thermal, and mechanical properties. In addition, it
absorbs very less moisture. The global polycarbonate sheets market
has gained popularity dur to increasing demand for polycarbonate sheets
in the building & construction industry due to its various
properties such as strength, impact resistance, and transparency.
The concept of chemical imaging is to select a number of measured data spectrum in a certain chemical component from a spatial location at the time for chemical identification and quantification. The chemical imaging system market is expected to grow significantly due to the growing demands in pharmaceutical and laboratories.
Specialty pulp and paper chemicals are referred to as chemicals and polymers that possess special functions that are utilized in enhancing the quality and performance of paper. Bleaching chemicals, functional chemicals, and coating chemicals are some of the prominently used specialty chemicals used in the production of papers.
Perlite market is expected to grow at a considerable rate during the forecast period 2019-2025. Perlite is a natural volcanic gas that inflates the particle around 20-30 times to its usual shape, in presence of heat at around 900°C.
The global Lead-acid Battery Market is anticipated to grow at a CAGR of around 5.1% during the forecast period. A lead-acid battery is a type of energy storage system that is widely used in the automotive, energy storage, and telecommunications industries, as well as in utilities, marine, manufacturing, and the chemical and pharmaceutical industries.
The color coated steel industry is expected to maintain optimistic growth despite being impacted by economic downturns across the globe. Global color coated steel market is expected to witness significant growth rate over the forecast period.
The global surgical sealants market is anticipated to grow at a CAGR of 9.7% during the forecast period during the forecast period. Surgical sealants are used to repair elastic and soft tissue such as wounded injury, lungs, and heart among others.
The global artificial tears market is anticipated to grow at a significant CAGR of 6.2% during the forecast period. Artificial tears lubricate the ocular surface reduce tear osmolarity and protect the ocular surface from desiccation. The market is growing due to the impact of some factors such as growing dry eye syndrome (DES) coupled with the geriatric population. As aging results in weaker eyesight, people are more at risk of ophthalmic disorders such as dry eye syndrome. The rising use of contact lenses, digital workloads, and innovation in the product creates future opportunities for the growth of the market.
The global Physical Vapor Deposition Market is anticipated to grow at
the CAGR of 7.8% during 2017-2022. Physical vapor deposition (PVD) is
the process of depositing clean, dry and thin film coating, usually dry
vacuum over the entire solid surface.
The global HCFC refrigerant market is anticipated to grow at a significant CAGR of 4.1% during the forecast period. According to the United States Environment Protection Agency, in 2010, R-22 and HCFC-142b are the next two HCFCs that the United States will stage out. From January 1, 2010 restriction has been imposed on the production, import, and utilization of R-22 and HCFC-142b, aside from continuing servicing required for the existing equipment. Since January 1, 2015, a ban on the production, import, and utilization of all HCFCs, aside from keeping adjusting requirements of refrigeration hardware was imposed.
The global HFC refrigerants market is anticipated to exhibit a CAGR of 3.7% during the forecast period (2021-2027). The considerable rise in urbanization has created high demand for air conditioners for offices, buses, homes, and many more places and thereby has created the demand for different refrigerants.
The Global HFO Refrigerant market is growing at a significant CAGR during the forecast period. The HFO stands for hydro-fluoro olefin. HFOs have a comparatively lesser adverse effect on the climate as compared to that of the other refrigerants such as HFC, HCFC, and CFC.
The global natural refrigerant market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. The global natural refrigerants that are available naturally and do not have any side effects on the natural climate. These are hydrocarbons, which include propane, ethane, isobutane and so on. Natural refrigerants consist of carbon dioxide, water, ammonia and so on. The rising demand for consumer products and increasing urbanization are factors that fuel the growth of the natural refrigerant market affecting the market in developing nations. The global warming potential of natural refrigerants is negligible as compared to that of HFCs, HCFCs and CFCs.
The global carbon nanotube market is growing at a considerable CAGR of 13.8% during the forecast period. The increasing demand for carbon nanotubes along with their easy availability in the local market is the prominent factor to drive the growth of the carbon nanotube market across the globe.
The global sulfuric acid market is growing at a considerable CAGR of 2.3% during the forecast period (2021-2027). The major factors that are augmenting the growth of sulfuric acid market share are rising demand in the industrial and fertilizer industry by raw material manufacturers across the globe.
The global chloromethane market is expected to grow at a moderate CAGR during the forecast period (2020-2027). Chloromethane or methyl chloride is a chemical compound that is primarily used in the manufacturing of silicones. Silicon is majorly used by the industries associated with the production of medical and personal care products.
Construction Chemicals market which are also known as specialty
chemicals are mixed with cement, concrete or other construction material
at the time of construction to withstand adverse climatic conditions,
such as dry heat, storm, wind, dust and wet climatic conditions.
The global waterproofing membrane market is expected to grow at a modest
CAGR of 8.6 % during 2017-2022. A waterproofing membrane is a thin
layer of water-tight material that is laid over a surface and do not
allow water to pass through it.
The global market for chemical resistance waterstop is projected to have a CAGR of around 4.6% during the forecast period. Waterstop or waterbars are premanufactured joint filler used to prevent the transmission of water through the construction joint. They are designed as fluid-tight diaphragm embedded in or running along the joints.
The global surface disinfectant market is growing at a considerable CAGR of 3.2% during the forecast period. The increasing pervasiveness of chronic diseases is one of the prime factors affecting and driving the market.
The global aerosol market is estimated to exhibit a CAGR of 5.6% during the forecast period. Aerosols are very fine particles of liquid or solid substances suspended in the air so that various products can be sprayed with fine mist or foam.
The global market of refrigerant R125 is estimated to grow with the CAGR of 2% during the period 2017-2022. Growing demand of cooling product, and stringent government regulations
to reduce the emission of the ozone depletion substance in the
atmosphere is estimated to be the major factors that are augmenting the
growth of the market.
The global adipic acid market is projected to grow at a CAGR of over 3.0% during the forecast period. The major factors driving the growth of the market include the increasing demand for durable nylon 66 along with its regulation for safety purposes and new upcoming technics developed for its usage, and rising demand from the automotive industry.
Global synthetic paper market is predicted to grow at the CAGR of 6%
during 2018-2023 Synthetic papers are widely adopted due to their
significant printing ability, durability and resistance to oil, water,
grease and other chemical. They have quick drying time and significant
resistance to moisture and whether with high opacity and efficiency.
Synthetic papers are widely adopted due to environmental concerns and
eco-friendly attributes.