Chemical Industry - Market Research Report

  The global   luxury vegan men’s fashion market   size is expected to reach USD 49.32 billion by 2030, registering a CAGR of 11.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising number of High-Net-worth Individuals (HNWI) and the growing popularity of vegan clothing and accessories made from cruelty-free sources among the millennial and Gen Z population across the world are anticipated to fuel the industry growth over the forecast period. The increasing adoption of veganism has driven the demand for cruelty-free and environmentally friendly footwear across the globe. Several renowned brands are focusing on offering vegan footwear. Many of the new companies are adopting recycled materials to produce high-end vegan footwear. For instance, in 2018, Adidas introduced the vegan version of their popular Stan Smith sneakers, in collaboration with designer Stella McCartney. Furthermore, in 2019, the company launched a second version of the s...

  The global   film dressing market   size is anticipated to reach USD 2,165.41 million by 2030, registering a CAGR of 4.54% during the forecast period, according to a new report by Grand View Research, Inc. The film dressing market growth can be accredited to the rising prevalence of chronic wounds, globally. People with diabetic foot ulcers are becoming more common, due to the rise in the population of those with chronic illnesses such as diabetes. For instance, the International Diabetes Federation estimates that 61 million people in Europe between the age of 20 and 79 have diabetes. The incidence rate of diabetic foot ulcers, according to NCBI, ranges from 9.1 million to 26.1 million per year worldwide. Thus, the rise in diabetes and diabetic foot ulcer patients is driving the film dressing market during the forecast period. Additionally, the number of traumatic events such as burns, gunshot wounds, and car accidents has increased, globally. For instance, as per the W...

 The global thermic fluids market size is estimated to reach USD 14.23 billion by 2030, registering to grow at a CAGR of 3.7% from 2024 to 2030 according to a new report by Grand View Research, Inc. Growing thermic fluid demand from concentrated solar power plants is expected to be a key driving factor for market demand over the next six years. Thermic fluids are used to transfer and store heat utilized for producing electricity. In addition, a positive outlook on the food and beverage market is also expected to enhance market penetration for food-grade thermic fluids. Mineral oils emerged as the leading product segment of the global market in 2024. Mineral oils were followed by aromatic-based thermic fluids, however, glycol-based thermic fluids are expected to be the fastest-growing product segment, at an estimated CAGR of 4.1% from 2024 to 2030. Increasing Concentrated Solar Power (CSP) capacity, mainly in the U.S. and Spain is expected to boost the demand for thermic fluids fo...

  The   China botulinum toxin type A market   size is anticipated to reach USD 3.6 billion by 2030, registering a CAGR of 18.9% during the forecast period, according to a new report by Grand View Research, Inc. Key factors driving the country’s botulinum toxin market are increasing disposable income fueling spending on medical aesthetics, diverse demand channels across genders and age groups, and the development of consumer-centric treatment modalities. The introduction of newer players within the Chinese botulinum toxin type A market paradigm shifted the market share structure; before 2020, only two products had received approval from China’s National Medical Product Administration (NMPA). However, post-2020, several established market players gained product approvals, while several others are in the pipeline. Such developments are expected to create lucrative opportunities in the market. The growing number of strategic initiatives in China is expected to impact the mark...

  The global   plating on plastics market   size is expected to reach USD  1.01 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.4% from 2024 to 2030. Rising applications in automotive and electronics industry has been a major factor driving the market growth. POP involves plating a metal such as chrome, nickel and others onto a polymer substrate. It is done in order to deliver functional and decorative benefits to the resin. Plating ability has an inverse relation with the chemical resistance of the polymer substrate, which means higher the chemical resistance, the more difficult it is to plate. Thus, manufacturers prefer ABS for plating. ABS was estimated as the largest plastic category in 2023 and is expected to grow substantially over the forecast period. Other popular plastic types include ABS/PC, PBT, PEEK and others. Applications in electronics are expected to register the fastest growth over the next eight year...

  The global   carbon steel market   size is expected to reach USD 1,301.53 billion by 2030, expanding at a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increasing investment in the construction sector on account of factors such as rising housing needs, boosting tourism, and increasing commercial space is likely to augment the demand for carbon steel over the forecast period. For instance, in August 2022, Nakheel PJSC announced a master plan vision for the Dubai islands. The plan involves the construction of five islands of 17 square kilometers by 2040. These islands are expected to have 80 resorts & hotels, cultural hubs, boutiques, dedicated public parks, and residential spaces. Such kinds of investments are expected to fuel the product demand over the coming years. Carbon steel is one of the key materials used in the construction sector on account of its strength and hardness. It is used in rectangular tubing, highway construction plates, st...