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Showing posts from July, 2025

Precipitated Silica Market Thrives on Demand for Eco-Friendly Products

The global   precipitated silica market   size was estimated at USD 2,151.7 million in 2022 and is projected to reach USD 3,716.0 million by 2030, expanding at a CAGR of 7.1% from 2023 to 2030. A major driver for this market growth is the increasing demand from key industries such as rubber, agrochemicals, and oral care. The demand for precipitated silica in the production of fuel-efficient tires is expected to grow in line with the global push to reduce automotive fuel consumption and promote vehicle electrification. Governments worldwide are introducing policies to encourage the adoption of fuel-saving tires. For example, in May 2022, the Indian government announced a new star rating rule for tires, which will evaluate tires based on fuel-saving capacity, skid resistance, and safety performance. The surge in electric vehicle (EV) production presents a promising growth opportunity for the precipitated silica market. In the first quarter of 2022, global EV sales reached 2 mill...

Packaging Paper Market Fueled by Innovations in Barrier Paper Coats

The global   packaging paper market   size was estimated at USD 192,629.0 million in 2024 and is projected to reach USD 354,529.2 million by 2030, growing at a CAGR of 10.4% from 2025 to 2030. This growth is primarily driven by the increasing global emphasis on sustainability and environmental responsibility. Governments, corporations, and consumers are collectively moving away from plastic-based packaging due to its detrimental environmental effects. In its place, biodegradable and recyclable alternatives such as kraft paper, testliner, and fluting paper are gaining popularity. The enforcement of stricter regulations on single-use plastics, exemplified by the EU’s ban on plastic packaging for certain items, has further accelerated the transition to paper-based solutions. As companies aim to meet sustainability targets, paper packaging is experiencing rising demand across sectors including food & beverage, e-commerce, and consumer goods. Significant investments by both gov...

Packaging Coatings Market Trends Toward BPA-Free Product Alternatives

The global   packaging coatings market   size was estimated at USD 4,234.7 million in 2024 and is projected to reach USD 6,448.1 million by 2033, growing at a CAGR of 4.9% from 2025 to 2033. This growth is primarily fueled by increasing demand for flexible packaging coatings, which offer enhanced adhesion, durability, and resistance. These qualities make packaging coatings particularly suitable for industries such as food and beverage packaging. A major contributor to this market expansion is the continued rise of the e-commerce sector. The surge in online shopping has led to a greater need for protective coatings to ensure the safe and secure delivery of goods. Additionally, the rising demand for sustainable packaging has accelerated the development of eco-friendly alternatives that align with evolving regulatory frameworks and consumer expectations. Ongoing technological advancements and significant investments in research and development are also playing a vital role in mar...

Nickel Mining Market Surges with Exploration of High-Grade Deposits Worldwide

The global   nickel mining market   size was valued at USD 74.30 billion in 2024 and is projected to reach USD 83.81 billion by 2030, expanding at a CAGR of 2.5% from 2025 to 2030. This growth is primarily driven by rising demand from key end-use industries such as construction, consumer durables, and machinery & equipment, which significantly contribute to the growing stainless steel sector. Nickel serves as a vital component in the production of stainless steel. As per the Nickel Institute, over two-thirds of the world's nickel output is used for manufacturing stainless steel. Its function as an alloying element enhances various characteristics such as formability, ductility, weldability, and corrosion resistance. Presently, there is only one active nickel-cobalt mine in the U.S., with an annual output of approximately 17.0 kilotons of nickel. Nickel also plays a crucial role in sectors such as electric vehicles (EVs), defense, aerospace, and steel. Given that 40–50% of ...

Monosodium Glutamate Market Sees Growth With Focus on Clean Label Solutions

The global   monosodium glutamate (MSG) market   size was estimated at USD 5.89 billion in 2024 and is projected to reach USD 7.58 billion by 2030, growing at a CAGR of 4.4% from 2025 to 2030. This growth is primarily driven by increasing urbanization, the rising consumption of processed and ready-to-eat foods, and MSG’s cost-effective capability to deliver an intense umami flavor. The expanding middle class in Asia and changing dietary habits are further contributing to the rising demand. Countries like China, Thailand, and Vietnam are prominent consumers, reflecting significant household and industrial usage. The global adoption of MSG in international foodservice chains and packaged snacks is further fueling the market’s momentum. However, despite strong consumption trends, the market faces restraints due to growing health concerns. Scientific research has linked excessive MSG intake to metabolic disorders such as obesity, diabetes mellitus, hypertension, and even cancer, a...

Metallocene LDPE Market Attracts Investment in Advanced Material Solutions

  The global   metallocene low-density polyethylene (mLDPE) market   size was estimated at USD 8.59 billion in 2024 and is projected to reach USD 14.54 billion by 2033, growing at a CAGR of 6.1% from 2025 to 2033. The market is witnessing consistent growth, fueled by rising demand across end-use industries seeking films with improved mechanical strength, clarity, and processing efficiency. Regions such as North America, Asia Pacific, and Europe are the dominant consumers of mLDPE, with expanding use in food and beverage packaging, industrial liners, and consumer products. mLDPE is a specialized variant of LDPE manufactured using metallocene catalysts, which provide enhanced control over polymer structure. This results in products with superior clarity, strength, toughness, and sealing performance. The material’s adoption is rising in high-performance applications, including food packaging, medical devices, and agricultural films. One of the major advantages of metallocene...

Fire Resistant Cable Materials Market Gains Momentum in Transportation

  The global   fire resistant cable materials market   size is projected to reach USD 718.8 million by 2027, expanding at a CAGR of 4.4% from 2020 to 2027, according to a report by Grand View Research, Inc. The increasing need for materials capable of withstanding high temperatures and fire exposure for specified durations is a key factor driving market demand over the forecast period. The commercial availability of advanced cable materials with superior fire-resistant properties is expected to enhance their adoption in cable jacketing applications. These materials are increasingly being used in modern construction and manufacturing projects, where robust electrical wiring systems are critical. As building and infrastructure developments continue to rise, the demand for fire resistant cable materials is expected to grow correspondingly. Stringent regulations promoting green buildings, particularly in regions such as North America and Europe, are also contributing to the g...

White Oil Market Gains Momentum from Baby Care Product Manufacturers

  The global   white oil market   size is projected to reach USD 3.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 4.2% from 2022 to 2030. The increasing demand across diverse end-use industries such as personal care and pharmaceuticals is a key factor driving this growth. In the personal care industry, white oil is widely used as a base ingredient, lubricant, softening agent, and processing additive in the production of cosmetics, makeup, lipsticks, skincare lotions, and hair care products. The versatility of white oil, combined with the rapid expansion of the personal care sector in developing nations, is contributing significantly to market demand. Additionally, white oil’s compatibility with other base oils and chemicals makes it ideal for adhesive formulations. It enhances the transparency and durability of adhesives, which is expected to lead to increased consumption in the adhesives segment over ...

Oleyl Alcohol Market Witnesses Uptick in Use Across Textile Processing

  The global   oleyl alcohol market   size was estimated at USD 1.02 billion in 2023 and is projected to reach USD 1.36 billion by 2030, expanding at a CAGR of 4.3% from 2024 to 2030. The growth is primarily fueled by the compound's eco-friendliness, high purity, and strong performance efficiency. Oleyl alcohol serves multiple functions across industries, acting as a defoaming agent, cosmetic emollient, plasticizer, rheology modifier, chemical intermediate, and automotive lubricant. It is an organic compound sourced from both plants and animals, appearing as a clear liquid with a distinct odor. Natural sources include oils such as soybean, castor, palm kernel, and rapeseed, while synthetic variants are developed through the synthesis of propylene glycols and ethylene. Manufacturing processes typically involve the catalytic hydrogenation of oleic acid esters. Additionally, oleyl alcohol can be synthesized via the Bouveault–Blanc reduction reaction using butyl oleate, butyl...