Chemical Industry - Market Research Report

 The global shampoo bar market size is expected to reach USD 24.59 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.7% from 2024 to 2030. Increasing awareness regarding environmental friendliness and sustainability among consumers is expected to shift the focus towards zero plastic wastage associated with the personal care products packaging. In addition, growing application of organic hair care products as a result of rising concerns over hazardous effects associated with synthetic counterparts is a key driving factor. The global market is fragmented in nature due to the presence of a large number of players. Furthermore, rising number of new entrants has increased the market competition as companies are providing innovative and customized products. Manufacturers are adopting various marketing strategies in order to increase the product visibility and product penetration. For instance, in January 2019, Lush Retail Ltd. inaugurated ...

The global plastic to fuel market size is expected to reach USD 2,693.8 million by 2030, expanding at a CAGR of 23.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising concerns about the hazardous impact of plastic waste and the pollution created as a result are handled through plastic to fuel conversion to keep the environment safe and to produce petroleum products. Plastic is converted into different forms of energy (including fuel) and heat. The rising demand for petrol or diesel in transportation and jet airways is projected to be a key driver of the market. The growing population owing to urbanization and industrialization is also expected to propel the growth of the market over the forecast period. Rising developments in the manufacturing industry to produce a high volume of fuel by increasing the production capacity of renewable fuel plants are anticipated to impel market growth over the next few years. In March 2017, the Diamond Green Diesel facil...

The global oral solid dosage contract manufacturing market size is expected to reach USD 54.7 billion by 2030 and expand at a CAGR of 5.97% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing complexity of new drug molecules, R&D investments by large CMOs & CDMOs and rising demand for novel therapies are key factors driving market growth. Oral solids are widely accepted dosage forms in the pharmaceutical sector since they are cost-effective, simple to manufacture, and patient-friendly. Furthermore, advances in drug delivery technology, such as control release and sustained release formation, are enabling oral solids to achieve even higher levels of bioavailability while lowering drug administration frequency. Thereby, it is anticipated to propel market growth potential. Technological advancements in the development and bulk manufacturing of oral solid dosage forms are among the primary factors supporting the fast-track commercialization of these...

The global hair restoration market size is expected to reach USD 18.67 billion by 2030, expanding at a CAGR of 16.6%, according to a new report by Grand View Research, Inc. This growth is driven by various factors, including the increasing prevalence of hair loss disorders like androgenetic alopecia, which is prompting more individuals to seek hair restoration treatments. Lifestyle factors such as stress, poor nutrition, and environmental pollution are also contributing to hair loss, further fueling market growth. Moreover, the growing aging population worldwide is a major driver, as aging is often associated with hair thinning and loss, leading to a higher demand for hair restoration procedures. Recent advancements in technology and treatment options are also driving market growth. For instance, the introduction of innovative techniques like follicular unit extraction (FUE) and robotic hair transplant procedures has improved the efficiency and outcomes of hair restoration treatments, ...

The U.S. concrete floor coatings market size is anticipated to reach USD 472.3 million by 2030, registering a CAGR of 4.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for green building in the country is expected to drive the market growth during the forecast period. Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. Since an ascending number of concrete floor coatings are being designed to be VOC-free and environment-friendly, their popularity is expected to increase during the forecast period and act as a driver for the overall U.S. concrete floor coatings market. In addition, increasing spending on the commercial sector in the U.S. is further expected to fuel market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2.0 trillion as a part of th...

The global high-performance liquid chromatography market size is expected to reach USD 7.03 billion by 2030, registering a CAGR of 6.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rapid growth in pharmaceutical production, stringent regulatory norms for drug purity, and increasing adoption of high-performance liquid chromatography (HPLC) techniques for diagnostics and research purposes are driving the market. HPLC is commonly used for the assessment of drug purity on an industrial scale. It also enables characterization of molecules being explored as potential new drug candidates. Demand for the technique is anticipated to grow due to its increasing applications in ensuring consistency and determination of dosage of active pharmaceutical ingredients. Furthermore, the technique holds significance in quality control testing for assuring the fulfillment of critical quality attributes in the pharmaceutical industry. The technique is augmenting clinical diagnos...

  The global castor oil & derivatives market size is expected to reach USD 1.9 billion by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 5.8% from 2022 to 2030. The demand is attributed to the increase in the consumption of the product by various end-use industries such as coatings, lubricants, medicinal products, and personal care. The product is traditionally extracted from castor seeds. India is a prominent producer of castor oil across the globe owing to the high availability of raw material. In India, Gujarat accounts for over 65% production of castor seeds. The raw material is easily sourced from prominent castor seed-producing cities such as Patan, Banaskantha, Sabarkantha, Ahmedabad, and Mehsana. Farmers in Gujarat are focused on sowing a larger number of seed crops given the high price of the product in the market. Moreover, the state has received decent rainfall in a couple of years, which is expected to enhanc...

  The global enzymes market size was estimated at USD 20.31 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The rising consumption of functional food products on the account of the increasing awareness regarding an individual’s health is likely to positively influence the product demand over the forecast period. Carbohydrase is bifurcated as cellulose, amylase, pectinase, xylanase, and lactase. It is widely used as an ingredient in the formulation of carbonated drinks. The growing usage of different kinds of carbohydrases in the animal feed and pharmaceutical industry is further projected to boost the overall industry demand in the coming years. In North America, the U.S. is dominating the market for enzymes across the region on the account of the changing consumer preferences and rising demand for organic and nutritional food items from the food & beverage industry. Furthermore, the escalating market growth from the ph...

The global hyaluronic acid market size is expected to reach USD 16.75 billion by 2030, registering a CAGR of 7.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors, such as increasing concern of population regarding chemicals, desire to get quick and evident results, and shorter recovery time are high impact rendering drivers. The industry is evolving rapidly due to the increasing adoption of aesthetic procedures in developed and developing regions. Increasing the use of hyaluronic acid surfaces in cardiovascular implants, such as stents and vascular grafts, for improving compatibility coupled with the growing awareness about anti-aging products is fueling the growth. The efficacy and evident results of hyaluronic acid-based dermal fillers are attracting this population base. Furthermore, the COVID-19 pandemic has changed the dynamics of many industries, with movement restrictions, social distancing, and revised practices becoming the “new normal.” As th...

 The global recycled plastics market size is estimated to reach USD 96.48 billion in 2030 and is expected to exhibit grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. Increasing environmental concerns, rapid urbanization & industrialization, and the rising need to reduce the carbon footprint in the manufacturing of virgin plastic resin are expected to drive the demand for recycled plastics over the forecast period. The demand for recycled plastics is expected to increase mainly in the packaging application, which includes packaging of processed food & beverages, medical, electronics, and various other products, owing to the growing number of COVID-19 positive cases. The demand for medical & healthcare products has increased owing to the safety and hygiene required to tackle the pandemic situation. Amid the global COVID-19 pandemic, the demand for electrical & electronic products, such as laptops and mobiles, has increased as companies are foll...

  The global polyaryletherketone market size is expected to reach USD 1.62 billion by 2030, registering a CAGR of 4.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising demand for polytetrafluoroethylene (PAEK) can be attributed to its superior properties including low permeability, outstanding chemical resistance, good energy radiation resistance, and high electrical strength. Consumption of polyether ketone ketone (PEKK) has been on a rise owing to its various properties such as inherent flame retardancy, compressive strength, and wear and creep resistance. This is expected to increase its demand in dental tools, body implants, and drug delivery components in medical applications. The medical application segment accounted for 9.4% of the overall revenue in 2018 and is expected to witness strong growth on account of high usage of polyether ether ketone (PEEK) in the spinal area, anterior cervical corpectomy and fusion, rotator cuffs, shoulder labrum ...

The global ultraviolet curable resin market size is expected to reach USD 8.23 billion by 2030, and is projected to grow at a CAGR of 10.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rise in the industrial sector especially in Asia Pacific is one of the major driving factors for the growth of ultraviolet (UV) curable resins market. Increasing concern regarding growing VOC emissions has resulted in the development of new low emission products. UV curable resins emit minimal to zero VOCs and are not volatile in nature. These resins produce less shrinkage, the line of sight curing and provide many advantages over traditional methods. Development of renewable raw materials for manufacturing these curable resins is anticipated to drive the market. UV curable resins are widely used in wood coatings, graphics art, automotive and industrial application. With the increase in industrialization across the globe, there is a surge in the demand for eco-friendly produc...

The global technical textile market size is expected to reach USD 272.33 billion by 2030, registering a CAGR of 4.7% according to a new report by Grand View Research, Inc. The technical textile product exhibits exceptional strength, durability, and superior performance, which makes them fit for several industrial applications. Increasing concern towards agriculture and attaining high crop yield is one of the major factors fueling the growth of agro textile in the market. Several nets manufactured under agro textile including plant nets, bird protection nets, monofil nets, root ball nets, and various others are extensively used for passive protection of agricultural seeds, crops, or fruits against any external damage. Increasing technological advancements coupled with the rising demand for high-performance and energy-efficient fabric are acting as a propelling growth factor in the market. In addition, stringent government policies regarding the use of effective personal protective equip...

  The global precision fermentation market was estimated at USD 2.80 billion in 2023 and is projected to grow at a CAGR of 43.2% from 2024 to 2030. The consumers are increasing the demand for sustainable and eco-friendly products. This demand is a result of the rising awareness about the negative impact of traditional production methods on the environment, including deforestation, greenhouse gas emissions, and water pollution. In addition, the market is seeing a surge in demand for alternative protein sources due to the environmental concerns associated with traditional protein production methods. Consumer preferences are shifting towards plant-based animal protein, leading to changes in eating patterns. This shift has been further accelerated by the shortage of beef and pork during the pandemic, leading to an increased demand for precision fermented-based products. The market has witnessed a significant increase in the sales of plant-based products, indicating a growing consumer p...

  The global plastic antioxidants market size is anticipated to reach USD 7.74 billion by 2030 and is projected to grow at a CAGR of 5.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The use of plastic antioxidants in automotive parts helps reduce fuel consumption owing to their low weight. Increasing awareness about consumer safety and health risks across various industries such as construction, pharmaceutical, and automobile is expected to boost the global demand for plastic antioxidants during the forecast period. The increased usage of resins and antioxidants in emerging economies, coupled with expenditures in R&D activities, is expected to further fuel market expansion. The rising use of polypropylene in packaging applicationsowing to their thermal and oxidation resistance properties is expected to drive the market growth. Increasing effort to manufacture antioxidants globally has resulted in development of the product by market players. For in...

  The Mexico mining market size is expected to reach USD 2.30 billion in 2030 and is projected to grow at a CAGR of 3.7% from 2025 to 2030. The growth of the industry is attributed to increasing demand for precious metals, which account for the major share of the market. Moreover, the growing demand for metals such as copper, zinc, and lead that find various uses in electrical & electronic applications are further fueling the market growth. The mining sector is getting rapid exposure of technological advancements such as automation and digitization. These include the introduction of automated tunnel drilling and drilling systems, autonomous vehicles, drone, and intelligent sensors, which are designed to increase the efficiency and management of mining operations and reduce wastage. For instance, in July 2022, Fresnillo, one of the world’s largest silver producers, placed an order to Eprico for underground mining machines. The order consists of Boltec and Cabletec rock reinforce...