Chemical Industry - Market Research Report

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 ...

The global   plastic container market   was valued at approximately USD 104.1 billion in 2023, and it is expected to grow to USD 149.9 billion by 2030, representing a compound annual growth rate (CAGR) in that span. The market is evolving under pressures from shifting consumer preferences, environmental regulations, and demand from end-use industries such as food & beverage, cosmetics, and pharmaceuticals. The adoption of rigid packaging solutions, coupled with the push for sustainability, is reshaping competitive dynamics and product innovation. Key Market Trends & Insights One of the most important trends is the rising shift toward recycled plastics and bio-based materials. Manufacturers are increasingly incorporating post-consumer recycled (PCR) content and bioplastics to reduce reliance on virgin polymers and align with sustainability goals. Consumer demand for environmentally responsible packaging, as well as regulatory mandates, are accelerating this transition. ...

In 2024, the global   plastic compounds market   was estimated at USD 80.5 billion, and it is projected to rise to USD 108.2 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.0 %. Demand is largely fuelled by the packaging sector, especially in major consumer economies such as China, India, Germany, the U.S., and Brazil. Regulatory mandates around food-contact packaging also push the adoption of materials meeting safety and performance criteria. Among resin types, polypropylene (PP) compounds are prized for their cost efficiency and ability to enhance impact strength, clarity, flexibility, and processing effectiveness. Meanwhile, polyethylene (PE) compounds are seeing strong uptake particularly in packaging. Key Market Trends & Insights & Market Size & Forecast The automotive sector currently claims the largest share of revenue among end-use segments and is expected to maintain robust growth in the forecast period. The Asia Pacific...

In 2022, the global   pipe insulation industry   was valued at USD 8.87 billion. Over the period from 2023 to 2030, it is projected to expand at a compound annual growth rate (CAGR) of 5.5%, eventually reaching USD 13.57 billion. Rising consumer awareness about energy conservation is a key force expected to underpin this growth. Key Market Trends & Insights; Market Size & Forecast In 2022, Europe held the largest share of the pipe insulation market, capturing 34.8% of total revenues. Meanwhile, Asia Pacific is forecasted to exhibit the fastest growth rate during the projection period, largely because of surging investment in chemical processing and industrial infrastructure in economies such as China and India. In terms of product materials, polyurethane & polyisocyanurate foam led the market in 2022 with a revenue share of 22.7%. From an application perspective, the industrial segment was the dominant end-use, accounting for roughly 39.1% of total revenues in 2022...

The global   pine-derived chemicals market   was valued at about USD 5.82 billion in 2023, and is projected to increase to USD 7.82 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.4 % between 2024 and 2030. The expansion is being driven by growing demand for sustainable and renewable chemical sources across multiple end-use sectors. Key Market Trends & Insights In North America, the pine-derived chemicals sector is expected to see strong growth, fueled by heightened demand for eco-friendly and renewable chemicals across industries. The Asia Pacific region stands out as the fastest growing market, thanks to rapidly expanding industrial activity and rising interest in sustainable alternatives. By product type, tall oil dominated in 2023, capturing 34.9 % of global revenue share. Considering processing methods, the kraft process held the largest share in 2023, accounting for 65.2 % of global revenue. Among applications, the adhesives & sealants segme...