Chemical Industry - Market Research Report

The global   PTFE membrane market   was valued at USD 2,753.7 million in 2023 and is projected to reach USD 4,107.8 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.9% between 2024 and 2030. The surge in demand is driven by PTFE membranes’ excellent chemical resistance, high thermal stability, and superior filtration efficiency, which have made them a preferred choice across sectors such as pharmaceuticals, food & beverage, chemical processing, and water treatment, all of which demand rigorous filtration standards. Key Market Trends & Insights In 2023, North America led the PTFE membrane market with a revenue share of 23.5%. The Asia Pacific region is anticipated to register the fastest growth over the forecast period (2024–2030). Among product types, hydrophobic membranes accounted for 63.1% of revenue in 2023, making them the dominant segment. On the basis of end use, industrial filtration held the largest share, contributing 38.2% of total reven...

The global   printing inks market   was valued at USD 19.2 billion in 2020 and is projected to reach USD 23.8 billion by 2028, expanding at a compound annual growth rate (CAGR) of 2.8% during the forecast period from 2021 to 2028. This growth is primarily driven by the increasing demand for packaging materials and advancements in printing technologies. Key Market Trends & Insights Regional Dynamics: Asia Pacific held the largest market share in 2021, accounting for 35.60% of the global revenue. This dominance is attributed to the region's robust manufacturing base and the growing demand for printed materials in emerging economies. Product Segmentation: The lithographic printing segment led the market in 2020, owing to its widespread use in commercial printing applications. Lithographic inks are preferred for their high-quality output and cost-effectiveness in large-scale printing operations. Resin Type Trends: Polyurethane-based inks are gaining popularity due to their sup...

The global   prepreg market   is experiencing significant growth, driven by increasing demand across various industries such as aerospace, automotive, wind energy, and sporting goods. Prepregs, or pre-impregnated composite fibers, offer superior strength-to-weight ratios, corrosion resistance, and design flexibility, making them ideal for applications requiring lightweight and durable materials. Market Size & Forecast In 2022, the global prepreg market was valued at USD 11.05 billion and is projected to reach USD 25.18 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.8% from 2023 to 2030. This growth is primarily attributed to the increasing adoption of prepregs in the aerospace and automotive sectors, where the demand for lightweight and high-performance materials is escalating. Key Market Trends & Insights Regional Dynamics: North America held the largest market share of 37.71% in 2022, driven by the strong presence of aerospace and automotive i...

In 2023, the global   pneumatic actuators market   was valued at approximately USD 51.71 billion. It is forecasted to grow to nearly USD 73.83 billion by 2030, registering a compound annual growth rate (CAGR) of about 5.2 % over the period. Key Market Trends & Insights A major trend is the integration of smart features, IoT capabilities, and predictive maintenance into pneumatic actuators, enhancing reliability and reducing downtime. Manufacturers are also focusing on compact, lightweight designs and advanced materials to improve performance in constrained environments and harsh conditions. The drive for energy efficiency is pushing development of actuators that operate at lower air pressures, decreasing power consumption. Use in remote, hazardous, or highly automated setups further spurs demand, as pneumatic systems offer safety benefits and simpler operation in such settings. Market Size & Forecast Starting from USD 51.71 billion in 2023, the market is projected to r...

The global   plastic lidding films market   was valued at USD 3.29 billion in 2024, and is projected to reach USD 4.83 billion by 2033, representing a compound annual growth rate (CAGR) of 4.4% over the period 2025–2033. The rising volume of e-commerce is driving demand for durable lidding films that can protect products during long-distance shipping. Key Market Trends & Insights In 2024, Asia Pacific held the largest revenue share in the market (~31.19%). India is expected to record a strong CAGR of 5.6% over 2025-2033. Among materials, bio-based films are anticipated to grow fastest, with a CAGR of 6.4% from 2025 to 2033. For applications, the ready-to-eat meals segment is forecasted to show significant growth, with a CAGR of 5.4% in revenue over the same period. Market Size & Forecast 2024 base-year size: USD 3.29 billion Expected size in 2033: USD 4.83 billion Overall CAGR (2025-2033): 4.4% Producers are developing lighter, more tear-resistant films to reduce retur...

The global   plastic films and sheets market   size was estimated at USD 134.53 billion in 2023 and is projected to reach USD 196.23 billion by 2030, growing at a CAGR of 5.6% from 2024 to 2030. Demand drivers include rapid growth in processed food consumption across Asia (notably China, India, Indonesia, Malaysia) and expanded use of plastic films in agricultural applications such as mulching, greenhouses, and low tunnels. The lightweight, flexible, and durable nature of these materials, along with improved resistance to moisture and chemicals, further supports adoption. However, regulatory constraints in various countries—including additional taxes on plastic packaging in Bangladesh, Cambodia, India, Malaysia, Taiwan and discouragement of plastic film use for organic produce in the U.S.—could temper growth in certain markets. The LDPE/LLDPE product segment led global market share in 2022, while Asia Pacific emerged as the largest regional market and is projected to post the ...