Chemical Industry - Market Research Report

The global   cyclopentane market   was valued at USD 358.5 million in 2021 and is projected to reach USD 675.7 million by 2030, registering a CAGR of 7.3% from 2022 to 2030. Market growth is primarily driven by the rising demand for refrigerators, insulated containers, and construction insulation materials, where cyclopentane is increasingly used as an efficient and environmentally friendly blowing agent. Stringent government regulations aimed at phasing out hydrochlorofluorocarbons (HCFCs) are a key factor supporting the increased adoption of cyclopentane as a viable alternative. Policies promoting sustainable materials and environmentally responsible manufacturing practices have accelerated the use of cyclopentane across multiple applications. In addition, growing awareness of its favorable properties—such as low environmental impact, energy efficiency, and wide applicability—is expected to further stimulate market demand. Key Market Trends and Insights Asia Pacific dominate...

The global   cyanoacrylate adhesives market   was valued at USD 2.86 billion in 2024 and is expected to reach USD 3.95 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2030. Cyanoacrylate adhesives are widely adopted across multiple industries due to their rapid bonding capability and strong adhesion to substrates such as glass, metal, plastic, and painted surfaces. The automotive sector remains a key end-use industry, leveraging these adhesives for applications ranging from interior assemblies to engine components. The increasing adoption of electric vehicles (EVs) has significantly contributed to market growth. Cyanoacrylate adhesives are increasingly utilized in battery assembly and lightweight component bonding, supporting efficient vehicle design. The global push toward electric mobility—driven by lower energy costs, environmental benefits, and enhanced performance—has further accelerated demand. In addition, supportive government re...

  The global   crop protection chemicals market   was valued at USD 47.78 billion in 2024 and is expected to reach USD 66.74 billion by 2030, expanding at a CAGR of 5.8% from 2025 to 2030. Market growth is primarily driven by ongoing technological advancements, particularly innovations in chemical formulations and the increasing adoption of precision agriculture practices. These developments are improving application efficiency, reducing input costs, and enhancing overall crop yields. Advancements in the development of novel and more effective active ingredients, including biopesticides and environmentally sustainable alternatives, are significantly strengthening the market. These innovations enhance pest control efficacy while simultaneously minimizing environmental impact, aligning with evolving regulatory frameworks and sustainability objectives. Key Market Trends & Insights Central and South America accounted for over 32.2% of global revenue in 2024, making it the...

The global   cereal bar market   was valued at USD 17.88 billion in 2024 and is anticipated to reach USD 28.12 billion by 2030, expanding at a CAGR of 7.9% from 2025 to 2030. Market growth is primarily driven by increasing consumer awareness regarding nutrition, health, and overall well-being. Consumers are increasingly opting for healthier snack alternatives that align with their dietary preferences and wellness goals, positioning cereal bars as a convenient, nutrient-dense option. As health-conscious consumption rises, demand for better-for-you snacks continues to grow. Cereal bars appeal to a broad consumer base seeking simplicity, portability, and balanced nutrition. This shift is encouraging manufacturers to enhance formulations through fortification and innovation. Industry players are heavily investing in research and development (R&D) to address evolving consumer expectations. For example, in January 2023, Kellogg’s Company received FDA approval to increase Vitamin...

The global   can coatings market   was estimated at USD 494.0 million in 2024 and is projected to reach USD 661.6 million by 2030, registering a CAGR of 5.0% from 2025 to 2030. Market expansion is primarily driven by the rising demand for canned food and beverages, which necessitate durable, safe, and high-performance packaging solutions to ensure product quality and regulatory compliance. Increasing urbanization and fast-paced consumer lifestyles have significantly elevated the preference for convenient, long-shelf-life packaging formats such as metal cans. Can coatings play a critical role in this ecosystem by providing corrosion resistance, chemical stability, and enhanced visual appeal. These properties are essential for preserving the safety, taste, and integrity of canned products while meeting stringent global food safety standards. Key Market Trends & Insights Strong demand driven by the expanding canned food and beverage industry North America accounted for the hi...

The global   building acoustic insulation market   was valued at USD 4.96 billion in 2024 and is expected to reach USD 6,813.6 million by 2030, expanding at a CAGR of 5.5% from 2025 to 2030. Market growth is primarily driven by rising construction activity worldwide, fueled by rapid urbanization and industrialization across both developed and emerging economies. Increasing investments in residential and non-residential infrastructure are leading to a higher number of new construction projects. Simultaneously, improvements in purchasing power and living standards are contributing to the growing adoption of entertainment and recreational facilities such as theaters, auditoriums, and music studios. These facilities require controlled acoustic environments, which significantly boosts demand for advanced acoustic insulation solutions. Key Market Trends & Insights Asia Pacific dominated the building acoustic insulation market, accounting for 36.9% of the total share in 2024. By ...

The global   bromine market   was valued at USD 1.98 billion in 2024 and is expected to expand to USD 3.28 billion by 2033, registering a CAGR of 5.7% from 2025 to 2033. Bromine plays a critical role across multiple industries, with its most prominent application in the production of flame retardants—particularly brominated flame retardants (BFRs)—which are widely used to improve fire safety in electronics, construction materials, and textiles. Key Market Trends & Insights North America accounted for the largest revenue share of 51.7% in 2024, driven by strong demand from flame retardants, oil & gas, and specialty chemicals. The U.S. bromine market is projected to grow at a robust CAGR of 6.3% from 2025 to 2033. By product type, elemental bromine dominated the market revenue in 2024 due to its broad industrial applicability. By application, clear brine fluids emerged as the leading segment in 2024, supported by sustained oil and gas exploration activities. Market Size ...

The global   bioceramics market   was valued at USD 7.67 billion in 2023 and is anticipated to expand to USD 12.33 billion by 2030, registering a CAGR of 7.0% from 2024 to 2030. Market growth is primarily driven by the increasing prevalence of musculoskeletal disorders such as osteoporosis, osteoarthritis, and rheumatoid arthritis, particularly among the growing elderly population. The rising demand for advanced biomaterials that offer biocompatibility, durability, and reduced post-operative complications is further supporting market expansion. Key Market Trends & Insights North America dominated the bioceramics market in 2023, accounting for a 42.2% revenue share, supported by advanced healthcare infrastructure, high adoption of orthopedic and dental implants, and a strong presence of key manufacturers. Europe followed with a 34.2% share in 2023, driven largely by an aging population and increasing demand for joint replacement and dental procedures across the region. From...

The global   battery recycling market   was valued at USD 1.83 billion in 2023 and is anticipated to reach USD 17.08 billion by 2030, expanding at a robust CAGR of 37.6% from 2024 to 2030. This rapid growth is primarily driven by the accelerating adoption of electric vehicles (EVs) and the increasing deployment of renewable energy storage systems. As battery usage rises across transportation and energy sectors, the volume of end-of-life batteries is also increasing, significantly strengthening the demand for efficient and sustainable recycling solutions. Battery recycling plays a critical role in reducing environmental pollution, recovering valuable raw materials, and supporting circular economy initiatives. Governments and regulatory bodies worldwide are actively introducing policies and frameworks aimed at minimizing battery waste and encouraging recycling practices, which is further expected to support long-term market expansion. Key Market Trends & Insights Asia Pacifi...

The global   surface disinfectant market   was valued at USD 5.85 billion in 2023 and is expected to reach USD 9.49 billion by 2030, expanding at a CAGR of 7.2% from 2024 to 2030. Market growth is driven by changing lifestyles in developing economies and increasing awareness among livestock farmers regarding animal health, disease prevention, and the importance of regular disinfection practices in livestock farms. Heightened focus on hygiene and sanitation in the post-pandemic period has significantly strengthened demand for surface disinfectants worldwide. The increased consumption of cleaning agents, sanitizers, and disinfectants to control the spread of germs and viruses on frequently touched surfaces has supported sustained market expansion across residential, commercial, and institutional settings. Market Size and CAGR 2023 Market Size: USD 5.85 billion 2030 Projected Market Size: USD 9.49 billion CAGR (2024–2030): 7.2% Largest Regional Market (2023): North America Key Ma...

The global   strontium market   was valued at USD 248 million in 2023 and is expected to expand to USD 378.7 million by 2030, registering a CAGR of 6.3% from 2024 to 2030. Market growth is primarily supported by rising consumption of strontium in ceramic ferrite magnets and its increasing adoption in the medical sector for the prevention and treatment of bone-related disorders. These applications continue to strengthen demand across both industrial and healthcare end-use segments. The market’s expansion is further supported by the growing use of vibrant and colorful fireworks in entertainment and event management industries. This trend has significantly contributed to strontium consumption, particularly in pyrotechnic formulations. According to the American Pyrotechnics Association, display fireworks consumption in the U.S. reached 27.1 million lbs. in 2023, reflecting a year-over-year increase of 7%. This rise in public fireworks displays underscores the growing demand for st...

The global   sodium silicate market   was valued at USD 11.25 billion in 2022 and is expected to reach USD 15.62 billion by 2030, expanding at a CAGR of 4.2% from 2025 to 2030. Market growth is primarily supported by rising demand for sodium-based derivatives such as zeolites and precipitated silica, which are increasingly used as catalysts in bio-based and chemical processing applications. Sodium silicate serves as an important source of reactive silica and is widely consumed across multiple end-use industries, including detergents, rubber, food and beverages, and paper and pulp. The growing adoption of silica gels and silica sols in paints and coatings, plastics, and inks is further contributing to market expansion. Continuous innovation in silica-based materials is strengthening the relevance of sodium silicate in both traditional and emerging applications. Key Market Trends & Insights Asia Pacific dominated the global sodium silicate market, accounting for more than 46...