Chemical Market Research Reports

  Thermal Spray Coatings Industry Overview The global thermal spray coatings market size was estimated at USD 10.46 billion in 2023 and is expected to grow at a CAGR of 4.8% from 2024 to 2030. The thermal spray coatings market growth depends on their use in various end-use industries like automotive, aerospace, medical, industrial gas turbine, printing, steel, and pulp & paper. The rising use of gas turbines in helicopter engines, tanks, ships, and locomotives is expected to help augment the demand for thermal spray coatings due to their high temperature and corrosion resistance, which protects the parts against fire in high-temperature and moisture-laden conditions. Gather more insights about the market drivers, restrains and growth of the  Thermal Spray Coatings Market The properties provided by thermal spray coatings include wear resistance against abrasion, cavitation, and erosive forces, chemical resistance, electrical insulation, and better adhesion between the substrate and

    Automotive NVH Materials Industry Overview The global automotive noise, vibration & harshness (NVH) materials market size was estimated at USD 9.84 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Globally, increasing production and use of heavy commercial vehicles in different end-use verticals is expected to be a key factor driving automotive noise, vibration & harshness materials growth. Noise, vibration and harshness in automobiles due to structure-borne and air-borne noises can lead to passenger discomfort and hamper vehicle durability. The use of noise, vibration & harshness reduction materials in automobiles helps reduce these NVH and improve ride quality. This has increased the demand for noise, vibration and harshness materials in the automotive industry. The growing focus of automotive manufacturers on acoustic management, vibration, harshness & noise control in passenger and commercial vehicles hel

  Ceramic Matrix Composites Industry Overview The global ceramic matrix composites market size was estimated at USD 3.40 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 12.8% from 2023 to 2030. High-temperature stability in addition to reduced weight and high strength is expected to propel the growth. The chemical industry had an unanticipated turning point in the first half of 2020. These businesses, which were already coping with complicated long-term patterns, saw the combined consequences of the COVID-19-related economic crisis and the oil price crash. The global pandemic has significantly influenced the market. Gather more insights about the market drivers, restrains and growth of the  Ceramic Matrix Composites Market Additionally, the high cost of ceramic fibers has greatly influenced market growth. Unlike carbon fiber, which is used in most metal and polymer composites and, thus, is produced in bulk, other ceramic fibers are produced in small

  Ethoxylates Industry Overview The global ethoxylates market size was valued at  USD 13.2 billion in 2019  and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2020 to 2027. The market is anticipated to be driven by the consumption of ethoxylates across various industries, including personal care, pharmaceutical, industrial, and household cleaning. The product is widely being used as a foaming and wetting agent in detergent and cosmetic product formulations. Gather more insights about the market drivers, restrains and growth of the  Ethoxylates Market Commercially, ethoxylates are obtained by reacting raw materials, such as amines or alcohols, with ethylene oxide in the presence of a catalyst. Some of the commonly used catalysts are potassium hydroxide and zirconium dodecanoxide sulfate. However, market players such as Stepan Company and Royal Dutch Shell Plc. use hydrotalcite/magnesium/aluminum and rare earth as a catalyst in its ethoxylation process. The majo

    Glycolic Acid Industry Overview The global glycolic acid market size was valued at USD 281.2 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2030. Growing demand for glycolic acid-based skin and hair care products is expected to drive the market over the forecast period. Furthermore, increasing use of the compound in emulsion polymers and additives for inks and paints is expected to propel the demand over the forecast period. Glycolic acid is present in fruits, such as beet, pineapple, and unripe grapes. Growing production of formaldehyde coupled with technological advancements to optimize the production technology is expected to boost the market growth further. Gather more insights about the market drivers, restrains and growth of the  Glycolic Acid Market In addition, rising expenditure on R&D has resulted in an increased scope of application, which is expected to drive product demand over the forecast period. However, h

  Surface Disinfectant Industry Overview The global surface disinfectant market size was valued at USD 5.85 billion in 2023 and is expecte to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. The growth is attributed to several factors such as changing lifestyles in developing economies and the rising awareness among livestock farmers concerning animal diseases and disinfections in livestock farms. Gather more insights about the market drivers, restrains and growth of the  Surface Disinfectant Market There has been a significant rise in demand for cleaning products, sanitizers, and disinfectants as surface disinfectant market is experiencing a resurgence globally, fueled by a heightened awareness of hygiene and sanitation post-pandemic. This has led to a surge in demand for products that combat germs and viruses on surfaces and positively impacted market growth. The raw materials used in the production of surface disinfectants are primarily the by-products of the

  Corrosion Inhibitors Industry Overview The global corrosion inhibitors market size was valued at USD 7.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) 3.8% from 2020 to 2027. The growth in the market can be attributed to the development of biobased and more eco-friendly corrosion inhibitors. A gradual shift toward the development of environment-friendly corrosion inhibitors may potentially lead the market toward sustainable development and increase the acceptance of corrosion inhibitors among sustainable end users. A corrosion inhibitor functions by creating a barrier over the coated surface and preventing it from moisture, which is primarily the primary cause of erosion. The mechanisms of organic products include interfacial activity, anodic activity, cathodic activity, barrier activity, and adsorption activity. Gather more insights about the market drivers, restrains and growth of the  Corrosion Inhibitors Market In contrast, inorganic product mech

  Antimicrobial Plastic Industry Overview   The global antimicrobial plastic market size was valued at  37.87 billion in 2021  and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2030. Antimicrobial plastic is a synthetic polymeric material containing an integrated active ingredient (antimicrobial additive) that makes it effective against the growth of microbes such as algae, fungi, and mold. These microbes tend to shorten the life of plastic products; thus, the use of antimicrobial plastics has increased in recent years in various end-use industries such as food and beverage, packaging, and healthcare, which are expected to be the main drivers of the global market during the forecast period.   Gather more insights about the market drivers, restrains and growth of the  Antimicrobial Plastic Market Antimicrobial plastics are now increasingly being used as a substitute for conventional materials in the healthcare sector for manufacturing medical instrum

    Recycled Plastics Industry Overview   The global recycled plastics market size was estimated at USD 51.70 billion in 2023 and is projected to grow at a CAGR of 9.5% from 2024 to 2030. Increasing plastic consumption in the production of lightweight components which are used in various industries including building & construction, automotive, electrical & electronics, and various other industries are expected to propel the market growth over the forecast period.   Gather more insights about the market drivers, restrains and growth of the  Recycled Plastics Market   The rise in online purchases of electrical & electronics, personal care products and personal protective equipment products such as gloves, face masks, and various products is driving the demand for recycled plastics used in different types of packaging sources.   According to the Verge, the demand for affordable consumer electronic products such as laptops, mobile, modems and various others have increased majo

  Essential Oils Industry Overview   The global essential oils market size was valued at USD 23.74 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2030. This is attributable to increasing demand from major end-use industries such as food & beverage, personal care & cosmetics, and aromatherapy. Increasing consumption of beer and other alcoholic beverages is expected to enhance the expansion of flavors market.   Essential oils contain complex, volatile chemical compounds, which are known for their antifungal, antibacterial, anti-inflammatory, and antiviral properties. Unlike most of the conventional medicines and drugs, these oils have no major side effects. Such factors are projected to be the major driving factor for market growth. Conventional medicines and drugs are also using pleasant smelling aroma compounds to create appealing products, mainly for chemicals that emit undesirable odors. Essential oils are also steadily re