Chemical Market Research Reports

  The global   white oil market   was valued at USD 2.0 billion in 2021 and is projected to reach USD 3.0 billion by 2030, growing at a CAGR of 4.2% from 2022 to 2030. This growth is largely attributed to increasing demand from the personal care and pharmaceutical industries. Worldwide, the rising demand for white oil in medicinal and cosmetic applications is expected to be a significant market driver. White oils are highly refined mineral oils that are pure, stable, colorless, odorless, and non-toxic. Made from paraffinic crude feedstock, they possess various performance characteristics, including excellent hydrophobicity, low odor and taste, and bio-stability, making them suitable for numerous applications. Additionally, their low aromatic and sulfur content enables effective blending with other oils for enhanced end-product quality. The main grades available in the global market include technical, food, and medical. White oil is produced by refining paraffinic and naph...

  The global trash bags market size was estimated at   USD 12.04 billion   in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2030. The market is experiencing a significant shift toward sustainable and biodegradable materials, driven by increasing environmental awareness, stringent regulations, and consumer demand for eco-friendly solutions. Growing awareness of plastic pollution and its detrimental effects on ecosystems has led to stricter regulations and policies globally. Governments and organizations are implementing bans on single-use plastics and promoting biodegradable alternatives. Gather more insights about the market drivers, restraints and growth of the  Trash Bags Market the European Union's Single-Use Plastics Directive aims to reduce plastic waste and encourages the use of biodegradable materials in products like trash bags. There's a marked shift in consumer behaviour, with a preference for products that are sustainable and have a lower env...

  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...