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Global Sulfuric acid Market - Forecasts from 2019 to 2024

The global sulfuric acid market is projected to grow at a CAGR of 2.08% to reach US$15.497 billion by 2024, from US$13.698 billion in 2018. Sulfuric acid is one of the most widely used chemicals in indentures such as including chemical, automotive, oil and gas, and textile among many others. The demand for this chemical would be primarily driven due to its varied applications across industry vertical. However, the surplus in the market on account of overproduction coupled with the volatility o Read more...

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Needle Coke Market - Forecasts from 2018 to 2023

The Needle Coke market is projected to grow at a CAGR of 4.53% to reach US$2.520 billion by 2023, from US$1.932 billion in 2017. Needle coke is the main component used to produce graphite electrodes which is used in electric arc furnace steel manufacturing. Expansion of steel manufacturing industries and increasing adoption of steel recycling is considered as the driving factor for the growth of the market. Uncertainty in global crude oil prices and stringent environmental regulation over the ma Read more...

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Antimicrobial Ingredients Market - Forecasts from 2019 to 2024

The antimicrobial ingredients market is projected to expand at a CAGR of 6.03% to grow to US$7,358.794 million from US$5,177.98 million in 2018. Antimicrobial Ingredients are used in cosmetic, personal care products, etc. to kill or inhibit the growth of microorganisms. Increasing use of antimicrobial ingredients in the cosmetic and personal care i Read more...

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Chemical Tankers Market - Forecasts from 2018 to 2023

Chemical Tankers market is projected to grow at a CAGR of 3.39% to reach US$29.155 billion by 2024, from US$23.870 billion in 2018. Growing chemical industry is the major driver of chemical tankers market. The rising volume of global imports and exports of chemicals is boosting the demand for chemical tankers. Increasing demand for oilseeds, vegetable oils and fats are also contributing to the growth of chemical tankers market. Rising production of chemicals in developing regions, especially A Read more...

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Renewable Chemicals Market - Forecasts from 2018 to 2023

Renewable Chemicals market is projected to grow at a CAGR of 8.20% to reach US$97.385 billion by 2023, from US$60.675 billion in 2017. Rising supply of low-cost feedstock is one of the major drivers of renewable chemicals market. Supportive government policies and initiatives for eco-friendly sources and processes is also fueling the demand for renewable chemicals across various end-use industries. Rising awareness among consumers about the use of environmentally-sustainable products is also enc Read more...

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Chitosan Market - Forecasts from 2018 to 2023

Chitosan market is projected to grow at a CAGR of 15.70% to reach US$2,560.007 million by 2023, from US$1,067.188 million in 2017. Rising application of chitosan in cosmetics, water treatment, and medical industries is boosting the growth of chitosan market. Rising demand for water and wastewater treatment due to growing global population and increasing urbanization is also spurring the demand for chitosan in this sector. High availability of raw material is also supporting the growth of chitosa Read more...

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Polyvinyl Alcohol (PVA) Films Market - Forecasts from 2018 to 2023

Polyvinyl Alcohol (PVA) Films market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Rise in waste disposal and stringent environmental regulations are boosting the need for biodegradable raw materials to be used to develop sustainable packaging solutions. This, in turn, is bolstering the growth of polyvinyl alcohol (PVA) films market globally as PVA films are eco-friendly and do not release toxic gases upon incineration. Growing deman Read more...

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Polyolefin Market - Forecasts from 2019 to 2024

The polyolefin market was valued at US$ 226.251 billion in 2018 and is estimated to grow at a CAGR of 3.68% during the period 2018-2024. Polyolefins is a collective term for the kinds of plastics that includes polyethylene (Low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE)), and polypropylene (PP). They are produced from substances that are rich in carbon- coal, natural gas, and oil. One of the major factors that is driving the polyolefi Read more...

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Dimer Acid Market - Forecasts from 2019 to 2024

Dimer Acid market is estimated to be valued at US$318.841 million in 2018 and is projected to grow at a significant rate during the forecast period. Rising E&P activities across global oil and gas sector are one of the major drivers of the dimer acid market. An increasing number of drilling activities worldwide to meet booming demand for energy is positively impacting oilfield chemicals demand which, in turn, is spurring the demand for dimer acid. High investment across the construction in Read more...

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Organic Pigments Market - Forecasts from 2019 to 2024

Organic Pigments market is projected to grow at a CAGR of 3.31% to reach US$3,579.489 million by 2024, from US$2,975.486 million in 2018. Growing demand for aesthetic and attractive packaging across the food and beverage industry is one of the major drivers of the organic pigments market. Stringent regulations regarding the use of printing inks in food contact materials are also fueling the demand for organic pigments across this industry. Rising demand for high-performance pigments will conti Read more...

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