Chemical Market Research Reports

  The global wax market size is expected to reach   USD 14,165.8 million by 2030 , registering a CAGR of 4.6% according to a new report by Grand View Research, Inc. The growth is majorly driven by growing inclusion of wax as a performance additive in the plastics industry on account of its rising utilization as water and solvent-based mold release agent. Wax has become one of the critically utilized materials globally with widespread application across multiple industries. It is used in the automotive industry for vehicle polishing, hair removal, packaging applications, and as an additive in the food industry.   Gather more insights about the market drivers, restrains and growth of the  Global Wax Market   In addition, it is used in paints and coating industry and printing ink application. Rising demand in various applications, including candles, rubber and plastic processing, cosmetic and toiletries, fire logs, building boards, is likely to propel overall growt...

  The global corrosion inhibitors market size is estimated to reach   USD 11.06 billion by 2030 , expanding at a CAGR of 3.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to increasing investments in oil and gas extraction and production activities in the developing economies across the globe.   Corrosion inhibitors are primarily consumed by the oil and gas industry as pipelines, petrochemical plants, and refineries face significant challenges due to erosion. The application of corrosion inhibitors mitigates deterioration in pipelines, gathering lines, transmission lines, flow lines, and wellbores. It also decreases the occurrence of pitting and costly rust failures for various industry players. Therefore, the application of these products significantly reduces the amount of investment spent on the prevention of rust. This factor has majorly driven the consumption of products across various end-use in...

  The global caps and closures market size is expected to reach   USD 103.87 billion by 2030 , expanding at a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is expected to be driven by the growing emphasis on providing convenient dispensing and secure packaging sealing solutions among end-use industries such as food, beverage, industrial, healthcare, personal care, and home care.   According to the International Organisation of Vine and Wine, global wine exports in 2022 recorded the highest figures of USD 40.1 billion (EUR 37.6 billion). Although the overall volume of wine exported was low, the rise in prices due to global supply chain disruptions and the high inflation resulted in driving the prices of wine by 15% compared to that of 2021. The low volume wine production increases pressure on the wine manufacturers to maintain their product quality, thereby, fueling the demand for closures to seal the wine bottle t...

  The global carbon black market size is expected to reach   USD 31.04 billion by 2030 , registering a CAGR of 4.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing tire production on accounted of growing transportation industry is driving the product demand. Carbon black is a highly regulated industry as the manufacturing process is considered harmful owing to the toxic emissions, which have adverse effects on the environment and health. In February 2003, it was added to the California Office of Environmental Health Hazard Assessment (OEHHA) list of substances known to the State that cause cancer. Gather more insights about the market drivers, restrains and growth of the  Global Carbon Black Market   Major companies in the market are focusing on R&D activities to develop new manufacturing techniques to reduce harmful emissions. Stringent regulations to curb emissions are expected to play a major role in driving the market grow...

  The global pumps market, valued at USD 57.66 billion in 2023, is projected to expand at a CAGR of 4.4% from 2024 to 2030. Pumps are essential for both increasing fluid pressure and flow rate, making them indispensable in various sectors. In industries like oil & gas exploration and Infrastructure Application (HDD), pumps are crucial for elevating fluid pressure and precisely metering reagents and reactants during synthesis processes. The growing oil & gas exploration sector is driving the demand for pumps, which is further fueled by increasing fluid management needs in construction, agricultural investments, urban development, and wastewater treatment. Technological advancements and expansion in key industries like water & wastewater treatment, Infrastructure Application (HDD), and agriculture are expected to further stimulate market growth.   Gather more insights about the market drivers, restrains and growth of the  Pumps Market   Regional Insights: ...

  The global naphthalene market is projected to grow steadily, driven by its diverse applications. In 2023, it was valued at   USD 1,588.1 million   and is anticipated to expand at a CAGR of 3.0% from 2024 to 2030.   One significant driver for this growth is the construction industry's increasing reliance on naphthalene-based plasticizers, particularly naphthalene sulfonate formaldehyde. These additives enhance the workability and durability of concrete, leading to improved construction efficiency and structural integrity.   Additionally, the demand for naphthalene-containing products like mothballs, surfactants, and pesticides is on the rise. Naphthalene's unique property of sublimation, where it directly transitions from a solid to a gas, makes it an effective moth repellent. This characteristic, combined with its ability to protect fabrics and clothing, has contributed to increased demand.   Gather more insights about the market drivers, restrains and gr...