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The high-tech paints and coatings market size stood at USD 123.0 billion in 2022, and it is expected to grow at a compound annual growth rate of 10.4% during 2022–2030, to reach USD 267.5 billion by 2030.
The phosphoric acid market size stood at USD 45,671.2 million in 2022, and it is expected to grow at a compound annual growth rate of 4.1% during 2022–2030, to reach USD 63,186.8 million by 2030.
The global levulinic acid market size in 2021 was $26.35 million, and it is expected to advance at a CAGR of 9.78% during 2021–2030, to reach $61.04 million by 2030.
The global solar control glass market size was valued at $5,625.98 million in 2021, and it will grow at a CAGR of 9.0% during 2021–2030, to reach $12,219.04 million by 2030.
The global acetyls market size was $26,574.00 million in 2021, and this number is expected to increase to $43,337.36 million by 2030, advancing at a CAGR of 5.58% during 2021–2030.
The global adhesives & sealants market was estimated to generate $66,649.9 million in 2021, growing with a CAGR of 4.9% during 2021–2030, to further expand to $102,604.3 million by 2030.
The global epoxy adhesive market stood at $8,217.9 million in 2021, and it is expected to reach $13,483.9 million by 2030, demonstrating a CAGR of 5.7% during 2021–2030.
The global demulsifier market was valued at $2,414.6 million in 2021, and it is expected to grow at a CAGR of 4.2% during the forecast period, to reach $3,485.6 million by 2030.
The agricultural lubricants market size stood at $3,011.3 million in 2021, advancing at a compound annual growth rate of 4.1% during 2021–2030, to reach $4,332.8 million by 2030.
The global flame retardants market size was $7,565.1 million in 2021. This number is expected to increase to $12,028.4 million by 2030, advancing at a CAGR of 5.3% during 2021–2030.
The global green ammonia market size was $16.4 million in 2021, and it will grow at a CAGR of 94.6% during 2021–2030, to reach $6,559.1 million by 2030.
The global green & bio-solvents market size was $3,128.5 million in 2021, and it will advance at a 6.1% CAGR during the forecast period, to reach $5,322.2 million by 2030.
The polyethylene glycol market size was around $4,534.8 million in 2021, and it will grow at a CAGR of 4.8% during 2021–2030.
1,3-butylene glycol market generated an estimated $161.3 million revenue in 2021, and the market size will advance at a CAGR of over 5.9% during 2021–2030, primarily due to the increasing demand for this chemical from the cosmetics industry.
The global graphene market was valued at $84.7 million in 2020, and it is expected to grow at a CAGR of 30.2% during the forecast period (2020–2030).
The global green chemicals market revenue stood at $9,413.1 million in 2020, and it is expected to grow at a CAGR of 8.9% during 2020–2030.
The global industrial enzymes market stood at around $5.7 billion in 2020, and it is expected to grow at a significant rate in the forecast period (2021–2030).
The global cosmetic chemicals market stood at around $20.0 billion in 2020, and it is expected to witness substantial growth during the forecast period (2021–2030).
The global chlorobenzene market was valued around $2.3 billion in 2020, and is projected to grow at significant rate during the forecast period (2021–2030).
The global 1,5-cyclooctadiene market was valued at approximately $210.0 million in 2020, and it is projected to advance with a significant rate during the forecast period (2020–2030).
The key trend observed in the global paper chemicals market is the introduction of high-performance and lightweight grades of paper in the food & beverages and consumer goods industries.
Key trend observed in the global impact modifiers market is the usage of impact modifiers in engineering plastics over conventional plastics, owing to their ability to balance the impact, modulus, and viscosity with an excellent retention of heat distortion temperature.
The global crotonic acid market stood at $592.0 million in 2020, and is projected to witness a CAGR of 7.9% during the forecast period (2021–2025). The growth can be attributed to the rising consumption of crotonic acid-based copolymer dispersions for adhesives, paints, and coatings, which yield better adhesion performance.
The global anti-microbial additives market generated $1,753.2 million revenue in 2019, and it is expected to grow at a CAGR of 7.4% during the forecast period (2020–2030).
The global cosmeceuticals market is projected to showcase a strong growth during the forecast period (2021–2030), on account of increasing consumer awareness about cosmetics, and ageing population creating high demand for anti-ageing products.
The global polyethersulfone market is projected to showcase strong growth in the coming years on account of the increasing usage of the thermoplastic in the electrical & electronics and automotive industries.
The global sodium chloride market is projected to showcase strong growth in the coming years on account of the increasing application of the compound in the chemical industry, along with a rise in its adoption as a food flavoring agent.
The global hyaluronic acid market is projected to showcase a strong growth during the forecast period 2021–2030, due to the increasing demand for hyaluronic acid from dermatological and cosmetic applications.
The global benzalkonium chloride market stood at $525.0 million in 2019, and it is expected to demonstrate a CAGR of 9.6% during 2020–2030 (forecast period). The key growth factor for the benzalkonium chloride industry is the rapid expansion of the pharmaceutical and oil & gas sectors, which is leading to a high-volume demand for the compound.
The global sorbic acid market value will increase from $347,661.0 thousand in 2019 at a CAGR of 4.7% during the forecast period (2020–2030).
The global triazine market stood at $518.68 million in 2019, and it is expected to demonstrate a CAGR of 5.6% during 2020–2030 (forecast period). One of the key growth factors for the triazine industry is the rapid advance of the medical and oil & gas sectors.
The global specialty chemicals market size was $639,935.8 million in 2019, and it is projected to witness a CAGR of 5.5% during the forecast period (2020–2030).
The industrial gases market revenue stood at $92,392.4 million in 2019, and it is projected to witness a CAGR of 5.5% during 2020–2030.
The global ethanolamines market stood at $2,933.5 million in 2019, and the market size is expected to demonstrate a CAGR of 5.0% during the forecast period (2020–2030).
The chlorine market value was $36,845.0 million in 2019, and the market is predicted to advance at a CAGR of 5.2% between 2020 and 2030.
The bismuth nitrate market value was $190.6 million in 2019, and the market is predicted to progress at a CAGR of 5.1% between 2020 and 2030.
The acetic anhydride market stood at $3,476.1 million in 2019, and the market size is expected to demonstrate a CAGR of 2.3% during the forecast period (2020–2030).
The bromine market revenue stood at $1,864.3 million in 2019, and it is projected to witness a CAGR of 5.7% during 2020–2030.
From $100.3 billion in 2019, the global pharmaceutical fine chemicals market is predicted to advance at a CAGR of 6.2% during the forecast period (2020–2030). The major factors driving the growth of the industry are the swift expansion of the pharmaceutical domain in Asia-Pacific (APAC) and booming population of the elderly.
The major trend identified in the global oleic acid market is the increasing use of oleic acid for healthcare purposes. A number of researchers are actively engaged in finding optimum usage of oleic acid in curing several fatal diseases.
From $73.5 million in 2019, the 300–450 TBN calcium, barium, and magnesium Sulphonates market is projected to grow to $231.2 million by 2030, witnessing a CAGR of 10.9% during the forecast period (2020–2030).
The fatty acid esters market value was $2,240.9 million in 2019, and it is predicted to rise to $3,688.9 million by 2030. Furthermore, the market is predicted to demonstrate a CAGR of 4.6% from 2020 to 2030.
Styrene is a derivative of benzene and a precursor to polystyrene. It is vastly used for the production of plastics, resins, and elastomers, including polystyrene, acrylonitrile-butadiene styrene (ABS), styrene-acrylonitrile (SAN), styrene-butadiene elastomers, and styrene-butadiene rubber (SBR).
Valued at $10,949.9 million in 2018, the global acrylates market is projected to surpass $12,593.8 million by 2024, demonstrating a CAGR of 4.9% between 2019 and 2024.
Methyl isobutyl ketone (MIBK) is an organic compound, which is majorly used as a solvent for gums, varnishes, resins, paints, and lacquers. It is produced from acetone, which undergoes several processes that yield byproducts, such as diacetone alcohol and mesityl oxide.
The plasticizers market size stood at $13,967.9 million in 2018, and it is projected to reach $16,700.6 million by 2024, growing at a CAGR of 3.5% during 2019–2024.
The chloromethanes market revenue stood at $2,675.9 million in 2018, and it is expected to reach $3,286.9 million by 2024, witnessing a CAGR of 3.4% during 2019–2024.
Valued at $114.6 million in 2018, the Indian mold release agents market is projected to surpass $153.9 million by 2024, witnessing a CAGR of 5.2% between 2019 and 2024.
Global biocides market is expected to advance at a CAGR of 4.4% through 2024. The market is being driven by the burgeoning requirement for treated water and surging usage of biocidal products for preserving wood, petrochemicals, personal care and homecare products, and paints and coatings.
A major trend identified in the global electronic-grade hydrofluoric acid market is the extensive use of the acid in the semiconductor and microelectronics industries on account of the rising demand and adoption of internet of things (IoT)- and artificial intelligence (AI)-enabled devices.
The factors trending the global acoustic insulation market are the acts and regulations imposed up by governments of countries such as India and the U.S. For instance, the Noise Pollution (Regulation and Control) Rules 2000 introduced by the Indian government and The Noise Pollution and Abatement Act of 1972 of U.S.A.
The global palm methyl ester derivatives market generated the revenue worth $1,443.4 million in 2018, and it is projected to surpass $2,106.7 million by 2023, witnessing a CAGR of 6.4% during the forecast period (2019–2024).
Aromatic solvents find wide application in printing inks, paints, coatings, and adhesives. Besides, they are used in the extraction and degreasing agents for metals and as chemical intermediates, such as toluene diisocynate, in various industrial processes. In recent years, the aromatic solvents market has witnessed significant growth in developing countries, such as India and China, primarily due to the growth in construction activities and the increasing demand for automobiles.
Significant shift in usage patterns of fluorocarbon-based products and increasing resource and capital allocation toward research and development of fluorochemicals, which possess a low global warming potential (GWP) and a zero ozone-depletion potential (zero-ODP) are key trends impacting dynamics of the global fluorochemicals market.
Major trend being witnessed in the global silicones market is the use of silicones in medical applications. Silicones are used in implants, transdermal drug delivery, catheters and tubing, skin adhesives, and other equipment. Silicones used in making medical products show superior performance properties and are more reliable.
The key trend witnessed in the global PU microspheres market is the backward integration by major players employed in encapsulation industry. The market players in the industry are now integrating PU microspheres in manufacturing and encapsulation operations to develop in-house products.
The major trend witnessed in the 2-ethylhexanoic acid market is the increasing capital investments to expand the production of the compound. Since the compound is used in a wide range of applications, companies engaged in its production are working toward strengthening their production capacity through facility expansion or establishment of new plants.
The major trend witnessed in the global bunker fuel market is the shift toward cleaner and environment-friendly fuels used in bunkers. Owing to the rising need to tackle the environmental pollution caused by conventional fuels used in ship bunkers, various companies producing these fuels are investing on the research and development of cleaner fuels.
The industrial lubricants market revenue stood at $48,860.7 million in 2016, and it is expected to advance at a CAGR of 4.3% during 2016–2024. The spurring demand for industrial lubricants from the metalworking, textile, and chemical manufacturing industries is fueling the market growth.
The flocculants and coagulants market revenue was $10,270.2 million in 2017, and it is expected to reach $14,225.3 million by 2023, exhibiting a CAGR of 5.4% during 2018–2023.
The global optical brighteners market is growing at a significant rate owing to the increasing demand for the brighteners in the emerging markets and the growing use in the applications such as paper, fabrics, deterrents and soaps. Optical brighteners are compounds which absorb the ultraviolet light and emit blue light through a process known as fluorescence.
The global demand to the specialty oilfield chemicals market development is driven by the rising interest for such chemicals in fracking procedures. Demand to specialty oilfield chemicals are utilized as a part of the oilfield operations mostly to enhance well execution and in the long run the recuperation from stores.
The growing per capita income and rising standard of living has resulted in increased demand for cosmetic and pharmaceutical products. This has positively impacted the demand for lactic acid as it has wide number of commercial usage including skin care products such as anti-aging products, chemical peels, and skin hydrating agents.
Human milk oligosaccharides are unconjugated complex carbohydrates which are found abundantly in human milk. It is the third most abundant ingredient after fat and carbohydrates in breast milk. It functions as a probiotic helping to establish commensal bacteria. It also functions as anti-adhesives which help in preventing attaching of microbial pathogens to mucosal surfaces. It helps in lowering the risk of viral, bacterial and protozoan parasite infections.
Surfactants synthesized from natural raw materials are referred to as natural surfactants. These are the surfactants taken directly from natural source such as plants, animals, or by using separation procedures including extraction, precipitation, and distillation. Some of the examples of these surfactants are fatty acid ester of sugars, fatty acid ester, and amines of amino acids.
Bio-lubricant is also known as bio-based lubricants or bio-lubes. They are produced from raw materials such as canola, sunflower, soybean, palm, and coconut oils. These lubricants are environment friendly, highly biodegradable, non-toxic, and safe for personnel who are handling engines and hydraulic systems.
Antioxidants are natural substance made up of vitamins and minerals that play an important role in superior skin ageing products. Antioxidants neutralize free radicals that are produced by street air, sunlight, auto pollution, and other environmental factors. In cosmetic industry, they are used to prevent aging, by avoiding damage to the cells.
Furfural is an organic compound, which is produced from pentosans rich agricultural wastes. Agricultural wastes enriched in pentosans are hydrolyzed to produced this organic chemical. Some of the common feedstock for production of this chemical are corncobs, bagasse, rice husk, switchgrass, and algae.
The global high temperature elastomers market was valued at $9,991.7 million in 2017 and is expected to reach $14,951.4 million by 2023, advancing at a CAGR of 7.0% during the forecast period. The market growth is driven by their increasing use in automotive and other industries, and superior properties of high temperature elastomers over other types.
The global construction chemicals market stood at $55,111.6 million in 2017 and is expected to reach $80,025.4 million by 2023, advancing at a CAGR of 6.5% during the forecast period. Swift urbanization and industrialization, along with increasing awareness about green buildings, are the key factors behind the growth of the market.
The APAC construction chemicals market was valued at $19,754.8 million in 2017 and is projected to reach $29,686.2 million by 2023, witnessing a CAGR of 7.1% during the forecast period. Rapid urbanization and industrialization and growing awareness for quality construction are the major factors driving the growth of the market.
The global lubricating oil additives market is primarily driven by the growth in the automotive industry. Increasing demand for lightweight vehicles; surge in the production and sales of automobiles in emerging countries, such as India, Indonesia, and Thailand; and advancements in technology leading to the introduction of new automobiles, such as smart cars and aluminum trucks, are the key factors boosting the growth of the automotive industry.
Stringent regulations for water conservation and water quality maintenance in different regions are the key factor driving the global water clarifiers market. In addition, depletion of fresh water resources is an important factor encouraging the cleaning and reuse of waste water.
The global methionine market generated revenue of $5,114.3 million in 2017, and is projected to reach $9,121.9 million by 2023, registering a CAGR of 10.2% during the forecast period (2018–2023).
The global silane market stood at $1,577.9 million in 2017, which is expected to reach $2,047.0 million by 2023, demonstrating a CAGR of 4.3% during the forecast period (2018–2023).
The MEA specialty chemicals market valued $11,406.4 million in 2017 and is projected to witness a CAGR of 5.3% during 2018–2023. Revival of the oil and gas industry; rising usage of agrochemicals in African nations; and growing construction activities for the development of new industrial plants, commercial centers, and housing projects are the key drivers of the MEA specialty chemicals market.
The APAC specialty chemicals market was valued at $259.6 billion in 2017 and is projected to reach $361.0 billion by 2023, witnessing a CAGR of 5.7% during the forecast period. The growing consumption of specialty chemicals in various industries including construction, agriculture, and automotive is the major factor driving the growth of the market.
Global methylene chloride market is estimated to be $1,818.3 million in 2017 and is projected to reach $2,485.5 million by 2023, witnessing a CAGR of 5.4% during 2018–2023. The market is mainly driven by the growing product demand for cleaning applications and increasing use in the paint and adhesive industry as a solvent.
The global pour point depressant (PPD) market was valued at $1,487.2 million in 2016, and it is predicted to register a CAGR of 3.7% during the forecast period (2017–2023), reaching $1,902.3 million by 2023.
The ASEAN and South Asia dyestuff for textile market was valued at $1,163.6 million in 2016 and is projected to witness a CAGR of 7.8% during the forecast period. The growing application of dyestuffs in apparels, home textile, and automotive textile is driving the growth of the dyestuff for textile market, for ASEAN and South Asian countries.
The global cinnamaldehyde market was valued at $183.7 million in 2016 and is projected to witness a CAGR of 6.5% during the forecast period. Cinnamaldehyde is a naturally occurring organic compound having chemical formulae C6H5CH=CHCHO. The growing application of the chemical in different industries such as cosmetics, homecare, personal care, and others is driving the growth of the cinnamaldehyde market.
Textile Chemicals are an integral part of various commercial and industrial sectors, where any sort of fabric is used in operation. The textile chemicals are in huge demand owing to the enormous growing production of apparels and rising demand for home furnishings, floor coverings and smart textiles globally. With new and innovative textile and fabrics being developed and are becoming commercially available, the textile chemical manufacturers globally are manufacturing products for the future fabrics used specially for medic
Prepreg is a reinforcement fabric impregnated with a resin system. Some of the reinforcements used for prepreg are glass, carbon, and aramid fibers. Higher specific stiffness, specific strength, greater corrosion resistance and faster manufacturing are the drivers for the growth of carbon fiber prepreg market.
Geomembranes are synthesized with the infusion of geotextiles with elastomers, asphalt or multi-layered bitumen geo-composites. It refers to synthetic membranes or liners having low permeability and are used with geotechnical engineering. They are made up of flexible polymeric materials that are impermeable in nature, thus creating a barrier to the movement of water, fluids and other soluble materials.
Lubricants refer to viscous fluid (finished product) that are used in various industrial applications for proper functioning of machineries and its parts. Based on product type, the lubricants market for mining and quarry applications could be categorized as mineral oil lubricants, synthetic lubricants and bio-based lubricants. Mineral oil lubricants are derived from crude oil and are the widely-used lubricants. It is the cost-effective type of lubricants that are broadly available worldwide. Synthetic lubricants are created
The global digital inks market valued $1,147.4 million in 2016 and is projected to witness a CAGR of 5.4% during the forecast period (2017–2023). Growth in the packaging industry, rising demand for UV-cured inks, and increasing digitalization of books are the key factors leading to the growth of the market.
UV stabilizers are equipment manufactured to avoid degradation caused by exposure to ultraviolet radiation. They act as a shield for short and long exposures to UV radiations of the sun. UV stabilizers market are gaining traction owing to its action as a coating to plastics which includes cosmetics and films to protect the substance from long-term UV degradation effects of ultraviolet radiation. Prolonged exposure of plastics and polymers to UV rays may result in photo-degradation. Photo-degradation process occurs during pro
According to the Biocides Directive (98/8/EC), biocidal products are those that are intended to destroy, render harmless, prevent the action of, or otherwise exert a controlling effect on any harmful organism by chemical or biological means. Biocides are categorized into organic biocides and inorganic or metal biocides.
Solvents are chemicals (solid, liquid or gas) used in the dissolution of solutes to form a solution. They are widely used to suspend, extract and carry other substances without changing their physical properties. Solvents can be organic and inorganic. Traditional solvents emit huge quantities of Volatile Organic Compounds (VOCs) which has resulted in high levels of toxic emissions.
Agricultural biologicals market includes an eco-friendly farming process involving crop rotation and recycling of animal manure, green manure and crop residues. Agricultural biologicals are products obtained from organic matter such as plant extracts and naturally occurring microorganisms, employed to enhance the crop productivity and improving the crop health. Additionally, they focus on moderate use of agricultural machinery and biologicals control methods thereby, reducing the use of chemical pesticides and fertilizers.
Coating additives are low-level ingredients that possess specific paint properties such as mildew resistance, de-foaming, and good flow and leveling. Pigments, binders, additives and mixtures are the major elements that enhance the functioning of coating thereby, increasing demand in coating additives market. Coating additives are formulated into water-borne, solvent-borne and powder. Water-borne coating have water as liquefying agents thereby, dissolving the elements for coating. Such coating is used for closed or compact a
Water-borne coatings have water as liquefying agent or solvent to disperse all the elements for coating such as resin. Polyacrylate, polyvinyl ethers, or polyurethane resins are incorporated as binders in water-borne coatings. Such coatings are used for enclosed areas and do not cause any harmful emissions. Usage of water as a solvent makes them environment-friendly as compared to other coating systems such as solvent-borne coatings or powder coatings. In water-borne coatings, Volatile Organic Compounds (VOCs) are present in
Powder coatings are solvent-free coatings with negligible Volatile Organic Compounds (VOC) emissions that makes them environment-friendly. Powder coatings provide economical, long--lasting and durable quality finish for metal parts and products. They also exhibit properties such as superior durability, scratch resistance, gloss retention, and resistance to chalking. These coatings are applied on metal parts exposed to extreme weather conditions. Powder coatings are cost-efficient and are recyclable for use thereby, reducing
The global epoxidized soybean oil (ESBO) market is expected to grow during the forecast period (2017-2023) on account of ease of availability of ESBO at large quantities coupled with low prices. A high demand from the plastic additive industries for the use of phthalate free bio-based plasticizers from China, India and Brazil is expected to drive the global epoxidized soybean oil market during the forecast period. The characteristics of epoxidized soybean oil such as high chemical and thermal resistivity and stability to hea
The global ion exchange resins market is expected to witness significant growth, during the forecast period. The growth in the global market is propelled by increasing demand for nuclear power generation. The growing environmental apprehensions over power generation through conventional means has led the government authorities to focus on unconventional mode of power generation.
Liquid silicone rubber (LSR) is a type of elastomer with better electrical properties, flame retardancy and chemical stability, and high heat and cold resistivity. These elastomers are used for the production of high quality parts and devices in automotive, medical devices, electrical and electronics, consumer products and others. LSR has properties of organic as well as inorganic materials. Additionally, LSR offers various advantages over organic
The growth in the global mist eliminator market is driven by growth in the power sector and global desalination industry, strict emission guidelines and rapid urbanization in developing markets. Additionally, stringent emission rules and regulations have led to increase in the usage of mist controllers to prevent the emission and oil mist from contaminating air or soil, and assisting industrial facilities to comply with the environmental regulations; however, the
The natural oil polyols market is driven by increasing polyurethane demand from automobile and infrastructure industries. For instance, the Ford Motor Company implemented polyurethane foam made by using soy oil in the seats of its 2008 Ford Mustang. Ford Motor Company has since placed soy foam seating in all its North American vehicle platforms. The different governments and international organizations are framing stringent environmental
The global automotive elastomers market valued $10,015.2 million in 2015, and it is predicted to witness a CAGR of 5.9% during the forecast period (2016–2022). Strong emphasis of automotive manufacturers on using lightweight material in vehicles, stringent emission regulations, rising demand for high-efficiency vehicles, and developments in the automotive industry are the key factors behind the growth of the market.
The global market for soy-based chemicals is projected to grow at a CAGR of 7.5% during the forecast period, and it is expected to reach a value of $19,362.8 million by 2022.
The global market for acrylic surface coating was valued at $24,121.1 million in 2015; and it is projected to demonstrate a CAGR of 5.2% during the forecast period reaching $34,720.3 million by 2022.
Water proofing chemicals are generally used for protection of buildings from water seepage, since seepages can reduce the life span of a structure and can cause electrical, metal and health hazards.
Global market for isostearic acid value is expected to reach $442.4 million by 2020, and is projected to witness a promising growth rate at CAGR of 7.3%, in forecast period.
The increasing use of monoethylene glycol in polyester fiber and polyethylene terephthalate (PET) industries is propelling the growth of the global monoethylene glycol market. However, volatility in crude oil prices and regulation for environmental protection are expected to restrain the growth of the global monoethylene glycol market. The increasing demand for non-ionic
The global bio surfactants market has grown significantly over the last few years, attributed to surging in demand of bio surfactants in the consumer goods market. Rising consumer awareness towards bio-based products in addition with the favorable regulation towards the environmental sustainability are some of the dominant factor that are driving the growth of bio surfactants market.
Increasing awareness of energy crisis leading to increasing demand for energy efficient structures coupled with incentives and government regulations to promote energy efficient structures are the major factors driving demand for isocyanates market. Increasing demand for spray polyurethane foam is expected to drive demand for methylene diphenyl isocyanate and toluene di-isocyanate.