Chemical Industry - Market Research Report

  Composites Market Growth and Trends The global composites market size is expected to reach USD 163.97 billion by 2030, registering a CAGR of 7.2% over the forecast period,according to a new report by Grand View Research, Inc. The demand for composites is expected to witness significant growth owing to the rising fuel prices and stringent government regulations have shifted automobile manufacturers focus on light-weighted components which would further propel the market demand over the forecast period. Composite products play an essential role in the manufacturing of automotive and aircraft parts. The growing concerns regarding fuel consumption and CO2 emission levels have prompted the manufacturers to use carbon fiber composite materials as substitutes for metal components. Technological innovations to minimize the manufacturing cycle time is expected to propel the usage of composites in the automotive sector.   Access the Composites Market Size, Share & Trends Analysis Repo

  Alpha Olefin Market Growth & Trends The global alpha olefin market size is expected to reach USD 14.63 billion by 2030, registering a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for polyethylene and synthetic lubricants is driving demand for these products. Increasing polyethylene demand from various end-use industries is expected to remain a key driving factor for the global market. Surge in demand can be attributed to its easy processability, versatility, recyclability, and low cost of production. Growing population and increasing consumer spending, coupled with increasing industrial output in emerging markets of China, India, Brazil, and Mexico, have fueled polyethylene consumption.   Access the Alpha Olefin Market Size, Share & Trends Analysis Report By Product (1-Butene, 1-Octene, 1-Hexene), By Application (Polyethylene, Detergent Alcohol, Synthetic Lubricant), By Region, And Segment Forecasts, 2024 - 2030