Chemical Market Research Reports

  The global   bio-based polypropylene market  was valued at USD 124.7 million in 2023 and is projected to reach USD 391.6 million by 2030, growing at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2030. The demand for bio-based polypropylene is anticipated to rise due to the increasing adoption of environmentally friendly plastic products across various industries, including food, textiles, and pharmaceuticals. Growing global concerns regarding the toxicity of petrochemicals and the depletion of crude oil reserves have spurred the development of bio-based polymers worldwide. The global plastics industry is expected to ramp up bioplastic production in response to government regulations that limit the use of petroleum-based plastics, particularly in automotive and food packaging sectors, as well as in medical devices. Consequently, rising environmental concerns over petroleum-based plastics have fueled the demand for alternative materials. Manufacturers are act...

  The global   bioadhesives market   was valued at USD 4.7 billion in 2023 and is projected to reach USD 9.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2030. This growth is driven by advancements in bioadhesive formulations and improved performance characteristics, as well as the emergence of innovative bioadhesives with enhanced properties. Bioadhesives are categorized into naturally occurring polymeric substances that exhibit adhesive properties and synthetic substances modified to bond with biological surfaces. This category also includes glues derived from biological intermediates such as cellulose, starch, and gelatins. A significant factor boosting demand for bioadhesives is the increasing consumer awareness of the harmful effects that synthetic materials can have on health, along with a shift towards natural products. Additionally, government regulations promoting environmentally friendly production and the use of bio-base...

  The global   automotive engine oil market   was valued at USD 41.2 billion in 2023 and is projected to reach USD 52.9 billion by 2030, growing at a CAGR of 3.7% from 2024 to 2030. This growth is driven by the rise in global automobile production and the increasing demand for both synthetic and conventional engine oils.   Additional growth factors include rising disposable incomes, rapid urbanization, and technological advancements in engine design. The adoption of turbocharged engines and enforcement of stricter emission regulations have increased the need for high-performance engine oils. Moreover, the automotive aftermarket expansion and the rising vehicle population, especially in developing economies like those in Asia Pacific, are further supporting market growth. Technological innovation in automotive engine oils is advancing in response to modern vehicle requirements. The increasing popularity of hybrid vehicles and innovations in engine components have led ...

  The   Asia Pacific aerosol market   was valued at USD 20.8 billion in 2023 and is projected to reach USD 36.0 billion by 2030, expanding at a CAGR of 8.1% from 2024 to 2030. This growth is primarily fueled by a rising young middle-class population in emerging economies such as India and China, where increased disposable income and digital engagement are driving higher demand for personal care products like deodorants, hair mousse, and shaving foams.   Additionally, the demand for household insecticides and plant protection products continues to rise, particularly in tropical nations such as Bangladesh, India, and Indonesia, further supporting market expansion. In 2023, the Asia Pacific region accounted for 24.7% of global aerosol market revenue.   Infrastructure development in countries like China and India has spurred demand for aerosol-based paint applications. Lifestyle shifts, growing interest in gender-specific personal care products, and increased consum...

  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...