Chemical Industry - Market Research Report

 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...