Water treatment chemicals market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing global population coupled with rapid industrialization and urbanization. As populations grow and urban areas expand, there is a corresponding rise in the demand for clean water for various purposes such as drinking, industrial processes, and agriculture. These chemicals are added to water to remove impurities, disinfect pathogens, and improve overall water quality.
Polyisobutylene market is anticipated to grow at a CAGR of 5.6% during the forecast period (2024-2031). The market growth can be attributed to the use of polyisobutylene in various applications like adhesives and sealants, rubber automotive components, fuel additives, and lubricant additives. Tubeless tires have gained popularity in the automotive industry due to easy replacement and less maintenance. Polyisobutylene acts as a barrier to oxygen, making it a suitable material for the inner liner in tubeless tires. Polyisobutylene (PIB) exhibits low moisture and gas permeability and excellent insulation for electric current.
Alpha-methylstyrene market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). Alpha-methylstyrene is a colorless liquid organic compound with a distinctive aromatic odor. It is derived from styrene through a process called alpha-methylation. Alpha-methylstyrene is primarily used as a monomer in the production of resins, plastics, and specialty chemicals.
Textile recycling market is anticipated to grow at a moderate CAGR of 3.9% during the forecast period (2024-2031). Textile recycling involves reusing or repurposing textile materials to prevent them from ending up in landfills, contributing to waste reduction and environmental conservation. Textiles encompass a wide range of materials, including clothing, bedding, towels, curtains, and other fabric-based items. The global textile recycling market is driven by increasing awareness and concern for environmental sustainability.
Acidity regulators market is anticipated to grow at a CAGR of 8.2% during the forecast period (2023-2030) owing to the rising demand for acidity regulators due to rise in consumption of fast food & beverages. Acidity regulators are used in a variety of food and beverage products to balance or improve flavor. Their pleasant tartness or acidity enhance the overall flavor character.
Nano silica market is anticipated to grow at a CAGR of 6.9% during the forecast period (2023-2030). Silica is a naturally occurring mineral that is found in sand, quartz, and other rocks. Nano silica is a type of silica that has been reduced to very small particles (less than 100 nanometers in diameter). It is produced by breaking down silica into smaller particles.
Fire extinguisher market is anticipated to grow at a significant CAGR of 5.5% during the forecast period. The market growth is attributed to factors such as increasing investment in infrastructure development, growing industrialization, stringent safety regulations, increasing awareness about fire safety, technological advancements, rising fire accidents, and growth in other industries such as oil and gas, warehousing, E-commerce, and healthcare.
Lycopene market is expected to witness substantial growth, with a projected CAGR of 5.9% during the forecast period. The market's growth is attributed to growing demand for advanced capabilities across the globe. Nowadays consumers are seeking for the plant has the potential to revolutionise the food industry by producing high-quality, safe, and cost-effective food ingredients. For Instance, in January 2022, Lycored, launched a processing plant in Branchburg, NJ for its carotenoids, vitamins, minerals, amino acids, and genuine food components.
Colorants for liquid silicone rubber market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period (2023-2030). The liquid silicone colorants are used to improve the looks and value of the silicone rubber products. With the high dispersion, alkali resistance property, and excellent separation, the liquid silicone colorants deliver the best-finished silicon rubber products. Colored silicone products have their utilities in different industries owing to their cost-effectiveness, durability, and ability to meet all safety requirements in different industries.
Polymer ingredients for personal care market is anticipated to grow at a CAGR of 4.8% during the forecast period. Consumers are increasingly seeking out personal care products that are gentle, non-irritating, and environmentally friendly, and polymers help to meet these demands. Conditioning polymers deposit, adhere, and absorb into the proteins of the skin and hair. They improve skin feel and hair manageability, reduce static and make the skin and hair softer and smoother.
Marine lubricants market is anticipated to grow at a CAGR of 1.2% during the forecast period. The presence of key players such as Croda International Plc, Exxon Mobil Corp, Idemitsu Kosan Co., Ltd., and others is driving the marine lubricants market by launching marine lubricants in the market. For instance, in June 2019, Exxon Mobil Corp launched Mobilgard M420 oil, specially designed for use in medium-speed engines.
Industrial wastewater treatment chemicals market is anticipated to grow at a CAGR of 5.4% during the forecast period. The growing establishment of start-ups across the globe is the major factor driving the growth of the industrial wastewater treatment chemicals market. Start-up companies are involving in development of wastewater treatment systems to treat industrial wastewater.
Ethylene carbonate market is anticipated to grow at a significant CAGR of 6.2% during the forecast period. The growing demand for lubricants due to the rising automobile industry is fuelling the demand for ethylene carbonate across the globe. Ethylene carbonate is used as a solvent in lubricants for polymers, resins, plasticizers, and adhesives & sealants. It is also used as a raw material for the production of lubricants.
Lignin market is anticipated to grow at a significant CAGR of 5.2% during the forecast period. The rising demand for concrete admixtures is growing the demand for lignin across the globe during the forecast period. As this lignin and its products are used in concrete additives as binders, dust suppressants, and other forms. These products are more safe and economical than petroleum and salt-based products that are typically applied to road surfaces. According to the Observatory of Economic Complexity (OEC), in 2020, cement was the 257th most traded product, with a total trade of $12.4 billion.
The global biocomposites market is anticipated to grow at a significant CAGR of 15.8% during the forecast period. The biocomposites market is being driven by the shift in consumer preference towards eco-friendly materials. In automotive industry biocomposites provide various advantages such as light weight, less fuel consumption, reduced greenhouse gas emission and others, due to which it is taking place of plastic. The companies are concerned towards bring natural biocomposites in the market. For instance, in October 2021, LANXESS launched new product in tepex range of continuous-fiber-reinforced thermoplastic composites which is made entirely from natural rsources including, natural flax fibers and bio-based polylatic acid.
The global oxo alcohols market is anticipated to grow at a significant CAGR of around 4.0% during the forecast period. Oxo alcohol is a type of alcohol formed by using the hydroformylation reaction to add carbon monoxide and hydrogen to an olefin to yield an aldehyde. The aldehyde is then hydrogenated to produce alcohol.
The global metalworking fluids market is anticipated to grow at a CAGR of around 4.0% during the forecast period. Growing demand for metalworking fluids from transportation and automotive industry is the key factor driving the market growth. Metalworking fluids are widely used by automotive manufacturers due to production of various automotive parts and equipment.
The global bitumen emulsifiers market is anticipated to grow at a significant CAGR of 4.5% during the forecast period. Rise in road construction activities in the emerging economies such as India, Malaysia, and others are offering significant boost to the growth of global bitumen emulsifier market.
The global cosmetic pigments market is projected to grow at a CAGR of 7.2% during the forecast period (2021-2027). With the continuous rise in disposable income, the demand for beauty and personal care products is rapidly rising, which in turn, is encouraging the growth of the cosmetic pigments market across the globe.
The US specialty chemicals market is anticipated to showcase a considerable CAGR of 4.1% during the forecast period (2020-2026). The rise in demand for high performance and function-specific chemicals in the end-user industries is a key factor driving the US special chemical market.
The specialty chemicals market is anticipated to showcase a considerable CAGR of 4.0% during the forecast period (2020-2026). The chemical industry in the region contributed $866 billion to the North American GDP in 2017 as per ICCA. The rise in demand for high performance and function-specific chemicals in the end-user industries is a key factor driving the North American special chemical market.
The Indian specialty chemicals market is anticipated to showcase a lucrative CAGR of 9.5% during the forecast period (2020-2026). The rise in demand for high performance and function-specific chemicals in the end-user industries is a key factor driving the India special chemical market. Rapid industrialization, urbanization, and rising population in India are supporting the growth of different industries such as construction, automobile, manufacturing, and food & beverage industry among others.
The specialty chemicals market is anticipated to showcase a considerable CAGR of 3.7% during the forecast period (2020-2026). The chemical industry of Europe is among the largest manufacturing sectors. In 2018, the European Union (EU) chemical industry represented nearly 7.5% of the EU manufacturing in terms of turnover.
China's specialty chemicals market is anticipated to showcase a considerable CAGR of 5.1% during the forecast period (2020-2026). The rise in demand for high performance and function-specific chemicals in the end-user industries is a key factor driving the China special chemical market. Chemical activities and industrial production are closely tied to the major end markets such as construction and automotive. China is the largest chemical industry globally.
Specialty chemicals market is projected to grow at a considerable CAGR of 4.9% during the forecast period (2020-2026). Specialty chemicals cover areas such as paints and inks, cosmetic additives, food additives, construction chemicals, lubricants, surfactants, cleaning materials, colors, elastomers, and textile auxiliaries.
The US high-temperature composite resin market is anticipated to grow at a of CAGR 8.4% during the forecast period. The growth of the market is attributed to the adoption of high-temperature composite resin in various applications such as aerospace and defense, automotive & transportation, electrical & electronics, and others. The rapid R&D is another key driver of the industry growth hence, it enables future technological innovations and in turn, creates a scope for the high-temperature composite resin market growth.
The North American high-temperature composite resin market is anticipated to grow at a CAGR of 8.5% during the forecast period. The presence of major aviation market players in the region creates significant demand for high-temperature composite resins and therefore, contributes to the regional growth of the market. Along with the significant contribution from major aviation market players, the region marks the huge defense expenditure which is supporting the market growth.
The Japan high-temperature composite resin market is anticipated to grow at a CAGR of 8.7% during the forecast period. Japan is the home to the major composite material manufacturers such as Toray Industries, and Teijin Ltd., which aid in stenting the japan HTCR market. The supplies from Japan are responsible for meeting 70% of the global demand for composite materials.
The Europe high-temperature composite resin market is anticipated to grow at a CAGR of 8.7% during the forecast period. The growth of the market is mainly driven by the fact that various companies in Europe are the leading aerospace & defense manufacturers across the globe. Some of the globally recognized aerospace & defense players across the region include Airbus SE, Dassault Aviation SA, BAE Systems PLC, Leonardo S.p.A., Thales Group, Rolls Royce, and SAAB Group, among others.
The Asia-Pacific high-temperature composite resin market is anticipated to grow at a CAGR OF 8.8% during the forecast period. Asia-Pacific is the most prospective market for the growth of the high-temperature composite resins market owing to the increasing popularity and adoption of composite materials in various commercial and military aircraft.
US personal care ingredients market is expected to project a CAGR of 2.6%, during the forecast period. The considerable shift of the population towards a sedentary lifestyle along with the high purchasing power of consumers is contributing towards the high adoption of personal care products in the country which in turn is anticipated to drive the US market.
UK personal care ingredients market is expected to project a CAGR of around 3.5%, during the forecast period. UK personal care ingredients market is mainly driven by the increasing health awareness, growing consumer’s consciousness regarding product ingredients and growing consumer’s willingness toward the purchase of professional skincare products
North American personal care ingredients market is expected to project a CAGR of 2.7%, during the forecast period. North America is major market for skincare products, particularly in the US, which contributes significantly to the growth of the personal care ingredient market in the region.
Japan personal care ingredients market is expected to project a CAGR of 4.1%, during the forecast period. The country has a deeply penetrated tradition of using cosmetics which had driven the country’s position in the personal care products market.
India personal care ingredients market is expected to project a CAGR of 5.2%, during the forecast period. India has one of the fastest expanding personal care ingredient markets. The growth of the market can be mainly attributed to the increasing consumer spending on cosmetic and personal care especially in metro cities along with the towns and small cities in the country.
Germany personal care ingredients market is expected to project a CAGR of 2.1%, during the forecast period. Germany personal care ingredients market is mainly driven by the growing consumer’s consciousness regarding product ingredients and growing consumer’s willingness toward the purchase of professional skincare products. In addition, the country had experienced several new product launches which is further anticipated to drive the growth of the country’s market.
France personal care ingredients market is expected to project a CAGR of 3.3%, during the forecast period. France is known to be one of the most urbane cosmetic, beauty and personal care market across the globe. Presence of renowned beauty care cosmetics companies namely L’Oréal and L.V.M.H. among others is again contributing towards the growth of cosmetic industry in the country.
European personal care ingredients market is expected to project a CAGR of 2.9%, during the forecast period. Europe is expected to be one of the major regions in the personal care ingredients market. Countries across the Europe have a strong presence of many global cosmetic brands such as Revlon, Avon, Burberrys, Christian Dior, Estee Lauder, L’Oreal,Body Shop, Maybelline New York, MAC, Bobbi Brown among others.
China personal care ingredients market is expected to project a CAGR of 4.8%, during the forecast period. The growth in the personal care ingredients market across China can be attributed to the growing inclination of the consumers towards value-added beauty and personal care products with specific functionalities. Hence, manufacturers across the country are transforming personal care products to further accommodate the requirements of the consumers.
Asia-Pacific personal care ingredients market is expected to project a CAGR of 4.6%, during the forecast period. Asia-Pacific personal care ingredient market is significantly influenced by the new beauty innovations in the market such as halal beauty, K-beauty, Japanese skincare regime, and many more.
North American active insulation market is estimated to grow at a CAGR of 5.3% during the forecast period. Some pivotal factors encouraging market growth include a considerable focus on green building and rising demand for thermal insulation materials in the region. As per the United Nations Environment Program, buildings and their construction sector account for 36% of the global energy consumption and 39% of energy-related carbon dioxide emissions per year.
Indian active insulation market is estimated to grow at a CAGR of 7.0% during the forecast period. Some pivotal factors that will drive the market growth include rising construction spending and government focus on energy-efficient buildings. In May 2017, the Govt. of India introduced the Energy Efficient Buildings Programme (EESL) in which the government will invest nearly $155 million by 2020 under the program of the building.
Germany active insulation market is estimated to grow at a CAGR of 5.0% during the forecast period. The emerging focus on building emission regulations is expected to offer an opportunity for market growth. As of 2021, Germany will implement a price on every ton of CO2 emitted. In December 2019, under the national emission trading scheme (ETS), the government agreed to start a fixed carbon price that will start with a moderate price of nearly $30/ton in 2021 and reaching as high as nearly $65/ton in 2025.
European active insulation market is estimated to grow at a CAGR of 4.8% during the forecast period. The major factors driving the market growth include stringent building emission regulations and increasing launches of insulation materials in the region. In July 2018, under the Clean Energy for All Europeans package, new rules for energy performance in buildings came into effect (Directive (2018/844/EU, amending existing Directive 2010/31/EU).
Asia-Pacific active insulation market is estimated to grow at a CAGR of 6.8% during the forecast period. Some pivotal factors encouraging market growth include the rising demand for thermal insulation materials and the increasing construction industry in the region. As per the Government of Canada, in 2018, the Chinese construction sector increased by 4.5%. In 2017, the value-added output of the Chinese construction industry reached nearly $816.6 billion. The average annual growth rate was 16.6% in 2017.
The global active insulation market is estimated to grow at a CAGR of 5.8% during the forecast period. Rising application in the building and construction industry and rising demand for sportswear is primarily contributing to the growth of the market. The increasing demand for the energy-efficient building is one of the major factors driving the demand for insulation materials in the building and construction sector.
The US automotive ceramics market is estimated to grow at a CAGR of 5.7% during the forecast period. The rising automotive industry is the major factor in driving the market growth. As per the International Trade Administration (ITA), the US has one of the largest automotive markets across the globe. In 2018, the US light vehicle sales reached 17.2 million units. In 2018, the US was the second-largest market for the production and sales of vehicles.
UK automotive ceramics market is estimated to grow at a CAGR of 5.0% during the forecast period. Significant automotive production is the major factor encouraging the growth of the market. The UK vehicle manufacturers are engaged in the developments of autonomous, connected, shared, and electric transport. As per the Department for International Trade (DIT), 78% of the UK’s automotive output is exported.
North American automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. The trend towards electric vehicles is one of the major factors that will drive the growth of the market. As per the International Council on Clean Transportation (ICCT), in 2018, Canada was the 8th largest electric vehicle (EV) market, with more than 40,000 sales. The annual sales growth rate of EV for Canada over 2014-2018 has risen annually.
The European automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. The significant presence of major automobile manufacturers and stringent vehicle emission regulations are the major factors contributing to the growth of the market. Europe is home to several major automobile manufacturers such as BMW Group, Fiat Chrysler, Renault Group, and more.
Asia-Pacific automotive ceramics market is estimated to grow at a CAGR of 6.8% during the forecast period. Significant automotive parts manufacturing is the major factor contributing to the growth of the market. As per the Observatory of Economic Complexity (OEC), in 2018, vehicle parts were the 6th most traded product across the globe, with a total trade of $396 billion.
The global automotive ceramics market is estimated to grow at a CAGR of 5.5% during the forecast period. Significant demand for passenger vehicles and superior properties associated with ceramic materials are some pivotal factors encouraging the growth of the market. In December 2019, the EU passenger car demand increased 21.7% owing to the surge in the car sales in France (21.7%) and Sweden (109.3%), as per the European Automobile Manufacturers' Association.
The global high-temperature composite resin market is estimated to grow at a CAGR of around 9% during the forecast period. In polymer chemistry and materials science, the resin is a solid or highly viscous substance of plant or synthetic origin that is typically convertible into polymers. Resins are usually mixtures of organic compounds.
The global boiler water treatment chemicals market is growing significantly, at a CAGR of more than 5.0% during the forecast period (2019-2025). The detrimental effects of oxygen-related corrosion in industrial boiler systems which enables plant to reduce maintenance costs, maintain boiler efficiency and extend plant and equipment life. This surges the demand for boiler water treatment chemicals in various oil & gas industries and chemical industries across the globe.
Germany ceramic coatings market is estimated to grow at a CAGR of around 7.0% during the forecast period. According to Germany Trade and Invest, Germany has a considerable share in all the premium branded vehicles manufactured globally.
France ceramic coatings market is growing at a CAGR of around 3.1% during the forecast period. The growth in automobile market is one of the major factors supporting the market growth in the country.
China ceramic coatings market is estimated to grow at a CAGR of around 6.4% during the forecast period. According to OICA, China has manufactured about 29 million vehicles in 2017 as compared to 28.1 million vehicles in 2016 with significant production growth of 3.2% in 2017.
Asia-Pacific
ceramic coatings market is estimated to grow at a CAGR of around 6.1% during
the forecast period. The growth is mainly attributed to the growing automotive
and aerospace industry in the region, which is primarily involved in the
development of innovative technologies
The global white oil market is estimated to grow at a CAGR of 3% during the forecast period. The major factors contributing to the growth of the market include significant demand for process oil in the personal care and pharmaceutical industry and the rising demand for white oil in the food industry.
The global flocculants market is anticipated to grow at a CAGR of 4.9% during the forecast period. The market growth is attributed to the increasing application in surface and physical chemistry and rising demand for water treatment. Flocculants are widely used in water treatment plants as well as in water purifiers. In addition, these find application in the treatment of industrial wastewater. The process of water treatment includes grates, sedimentation, granular filtration, coagulation, flocculation, and disinfection. Therefore, increasing demand for flocculants in water treatment plants spurs the growth of the global flocculants market.
Personal care ingredients refer to the group of chemicals and natural extracts that are used in hair care, skincare, and oral care products. With the growing demand for personal care products, the adoption of personal care ingredients is anticipated to grow significantly during the forecast period.
Agricultural
fumigants market size is expected to grow significantly as these are used to
control pests, such as insects, nematodes, weeds, that can disrupt plant growth
and crop production. Soil fumigants can be applied twice during crop harvest.
First during pre-harvest to kill insects, weeds, nematodes, and other soil-inhabiting
plant pathogenic organisms.