Chemical Industry - Market Research Report

  The global polymer microinjection molding market size is expected to reach USD 2.53 billion by 2030, registering a CAGR of 10.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for small sized components mainly from the medical industry is expected to be a key driving factor for the market. Microinjection molding is used to manufacture highly valued micro medical components such as sensors, implants, tubes, catheter tips and microoptics among some other components; the growing demand for these has had a positive impact on the market. The report further observes that shift in trend towards adoption of micromolding over micromachining, owing to its cost efficiency and development of microoptics and microfluidics technologies, particularly in North America and Europe is also expected to play a major role in the market growth. Medical and healthcare emerged as the leading application markets for microinjection molding and accounted for just ov...

  The global propolis market size is expected to reach USD 746.4 million by 2028, registering a CAGR of 2.3% over the forecast period, according to a new report by Grand View Research, Inc. The increasing rate of herpes simplex virus type 1 and type 2 is a major factor propelling the market growth. These infections lead to cold sores and blisters, and are often painful, which, in turn, will drive the market. As per the WHO report 2020, genital herpes infection plays important role in spreading HIV infection. The U.S. is among the leading countries that have a larger population with genital herpes. As per a survey carried out by the Centers for Disease Control and Prevention (CDC) in 2019, around 572,000 people were recorded with genital herpes infections. The increasing demand for propolis in the pharmaceutical and healthcare industry is a major factor driving market growth. It is also used in various dermatology products which are used to treat burns, acne, fungal infection, and n...

  The global potato & yam derivatives market size is expected to reach USD 784.9 billion by 2030, registering a CAGR of 3.3% during the forecast period, according to a new report by Grand View Research, Inc. This growth is primarily driven by the increasing demand for a plant-based diet among consumers coupled with advancements in agricultural technology. Manufacturers in the potato and yam derivatives industry are actively investing in innovative agri-tech solutions to enhance the quality and efficiency of processing vegetables. Advanced techniques such as precision farming, genetic engineering, and sustainable cultivation practices are being employed to optimize yields, improve crop quality, and reduce environmental impact. In addition, increasing consumer awareness about the significance of a well-balanced diet is propelling the demand for potato and yam derivatives. These derivatives contain vitamins, minerals, dietary fiber, and antioxidants, which are linked to a wide ran...

  The global peptide antibiotics market size is expected to reach USD 6.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2022 to 2030. The market is expected to witness growth opportunities owing to factors such as the increasing research and development activities in field of peptide antibiotics coupled with high number of drug approvals. Moreover, surge in cases of antimicrobial resistance cases and possibility of side effects from the conventional antibiotics are also expected to drive the market during the forecast period. Increasing prevalence of cancer and other infectious diseases are expected to propel the growth over the forecast period. For instance, according to the CDC, United States reported 1,752,735 new cancer cases along with 599,589 deaths in 2019. For every 100,000 people, 439 new cases were found and 146 people died due to cancer. Further, according to Globocan 2020, U.K. had 457,960...

  The global natural household cleaners market size is estimated to reach USD 13.28 billion by 2030, registering a CAGR of 11.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising concerns over toxic chemicals including parabens, triclosan, phthalates, and ammonia, which are present in synthetic home cleaning products, is expected to promote the utility of natural household cleaners. Moreover, various government initiatives on the ban of toxic chemicals from household cleaning products is expected to promote the utility of these products as green alternatives in the near future. Surface cleaners emerged as the largest segment and accounted for a share of more than 55.3% in 2024. Major manufacturers including Unilever,The Procter & Gamble Company, and Henkel Ag & Co. Kgaa are launching new products in order to gain maximum customers. Moreover, giant retailer and supermarket chains including Tesco PLC and Target Corporation are launching innovati...

  The global miRNA sequencing and assay market size is expected to reach USD 823.5 million by 2030, registering a CAGR of 13.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. For instance, various research studies stated that miRNAs can be efficiently used as biomarkers in the prognosis and diagnosis of cancer (cervical, ovarian, and breast), sepsis, cardiovascular diseases, and nervous system conditions. Thus, miRNA sequence analysis is significantly employed for gene regulation analysis in clinical disorders. For instance, an article published in frontiers, in March 2022, stated that blood-based miRNA biomarkers could be used to correlate brain-based miRNA expression. The COVID-19 pandemic has enhanced the usage of miRNA to identify the presence of coronavirus. miRNA biomarkers have potential application to indicate and diagnose the COVID-19 severity. It plays a significant role in immune response, viral proliferation, replication of infected cells, and...

  The global hydrogen technology testing, inspection, and certification market size was estimated at USD 3.79 billion in 2023 and is expected to grow at a CAGR of 18.2% from 2024 to 2030. This high share is driven by the increasing adoption of hydrogen as a clean energy source and the need for stringent safety and performance standards. As countries prioritize hydrogen in their energy transition strategies, the demand for reliable testing, inspection, and certification (TIC) services is surging. These services ensure that hydrogen production, storage, and distribution technologies meet regulatory requirements and safety standards, fostering stakeholder confidence. Innovations in hydrogen applications, such as fuel cells and hydrogen-powered vehicles, require comprehensive testing and certification to mitigate risks and enhance operational efficiency. Advancements in TIC methodologies and technologies, including integrating digital solutions such as IoT and AI for real-time monitori...

  The global home fragrance market size is expected to reach USD 20.28 billion by 2030, and is projected to grow at a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing expenditure on home décor is posing lucrative opportunities for market growth. The use of home fragrance items to treat health issues like anxiety, depression, and attrition is growing as more consumers become aware of the scientifically established advantages of certain scents on mental health. This has also become a prominent factor to propel the market growth.   The desire for pleasant scent in surroundings and expanding air care industry has increased spending on these items, increasing demand in the worldwide market. The industry is also expected to be driven in the future years by rising demand for aromatherapy in homes. Various studies have shown that inhaling essential oil mixture has shown efficacy in improving sleep quality among individuals. Rising a...

  The global high level disinfection services market size is expected to reach USD 42.12 billion by 2030, registering a CAGR of 7.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing prevalence of hospital-acquired infection and surgical site infections, the increasing number of surgeries coupled with the rise in the incidence of chronic disorders, and the impact of COVID-19 are the key driving factors for the market. An increase in the prevalence of HAIs due to a lack of sanitation and preventive measures is a major factor expected to propel market growth over the forecast period. Unclean medical devices are a key source of hospital-acquired infections. According to the report published by CDC in 2017, hospital-acquired infections result in more than 99,000 deaths every year. Also, according to antimicrobe.org, HAP accounts for around 27.00% of all nosocomial infections acquired in medical intensive care units (ICU). Since these products are ...

  The global glutaraldehyde market size is expected to reach USD 966.4 million by 2030, expanding at a CAGR of 4.7% from 2024 to 2030, as per the new report by Grand View Research, Inc. Increasing consumption of glutaraldehyde as a cold sterilant for disinfecting healthcare equipment is driving the global demand for glutaraldehyde. Glutaraldehyde in diluted form with solution ranging from 0.1%–50.0% is majorly used as a cold sterilant for disinfecting healthcare equipment such as ear, nose, and throat instruments, bronchoscopes, endoscopes, dialysis instruments, and dental tools. Medical equipment require sterilization after every single use to obtain a high disinfection level. Most of the above-mentioned healthcare equipment are sensitive to heat, thus, require a cold sterilizer for disinfection purposes. Glutaraldehyde being a cold sterilizer plays an important role in cleansing healthcare equipment. Glutaraldehyde is also used as a tanning agent in the leather tanning process ow...

The global fiberglass sunscreen market size is expected to reach USD 2.88 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2021 to 2028. Increasing expenditure on interior decoration and rising construction activities are presenting lucrative opportunities for the market. The market is expected to be driven by the robust development in emerging economies during the forecast period. Along with this, frequent change in sunscreens to complement the décor has become a general norm across the globe. This is being supported by the rising disposable income of the consumer group. Rapid urbanization has increased the number of households, which, in turn, will propel the market growth in the forecast period. For instance, it has been projected that the number of households in the U.S. will increase by 12.2 million from 2018 to 2028. This is expected to fuel the overall market growth of fiberglass sunscreens in the forecast pe...

  The global corrosion protective coatings market size is expected to reach USD 33.28 billion by 2030, registering a CAGR of 7.4%, according to a new report by Grand View Research, Inc. Rising industrial production coupled with growing spending by regional governments on infrastructure development in emerging countries of Asia Pacific and the Middle East is expected to drive global corrosion protective coatings market growth over the next eight years. Growing demand for ships for commercial and naval applications coupled with rising investment in ship repairing activities from emerging economies including China, India is expected to drive the market demand over the forecast period. Growing application scope in paper and pulp industry owing to the presence of acidic and corrosive atmosphere in the plant is likely to fuel growth over next eight years. The rapid growth of the automotive industry in the emerging economies including Asia Pacific and Latin America owing to rising demand ...

  The global complementary and alternative medicine for anti-aging and longevity market size is expected to reach USD 247.9 billion by 2030, as per a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.5% from 2024 to 2030. Growing household income in developed countries, acceptance of herbal and ayurvedic medicine, and increasing age-related diseases have majorly the market for complementary and alternative medicine (CAM) for anti-aging and longevity. In the traditional alternative medicine/botanicals intervention segment, Ayurveda led the market in 2023 as cosmetic market players are involved in the R&D of Ayurveda-based anti-aging cosmeceuticals. The mind healing segment is expected to witness steady growth from 2024 to 2030 due to the rising acceptance of meditation and mindfulness in corporate offices. The sensory healing segment is expected to expand at a considerable CAGR over the forecast period due to the increasing popularity in hospitals ...

  The global cold milling machine market size is anticipated to reach USD 3,566.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% over the forecast period. The market growth is attributed to the increasing adoption of cold milling machines for road construction and maintenance activities. For instance, the National Highways Authority of India reports that the annual construction of 4, 6, and 8-lane national highways has surged by more than 300% between 2016 and 2022. The rising technological advancements coupled with a growing number of smart city initiatives around the world are predicted to drive market demand of cold milling machines during the forecast period. For instance, Wirtgen Group, a producer of road construction and maintenance machinery, launched its new series of small milling machines in March 2022. Wirtgen has a large selection of cold milling machines in the industry, with milling widths ran...

  The global coal bed methane market size is projected to reach USD 25.2 billion by 2027 expanding at a CAGR of 5.9%, according to a new report by Grand View Research, Inc. The market is driven by decrease in methane emission related with coal mining and conventional fuels and generation of indirect and direct employment in the mining of coal bed methane (CBM). Unconventional CBM reserves, especially found in coal rice countries, are gradually gaining the attention as the market struggles for an independent energy source. Exploration, production, and commercialization of such unconventional sources of energy are realized as a tough decision taken by the energy agencies or authorities, to alleviate the energy demand & supply gap in upcoming years. CBM is a pure form of natural gas wherein manufacturers and customers have the chance to acquire tax incentives and carbon credits. The stringent framework designed for the extraction of CBM by various authorities coupled high investme...