Chemical Industry Data

 The global oleochemicals market size is expected to reach USD 39.08 billion by 2030, expanding at 6.9% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the increasing demand in the global markets for biopolymers. The global oleochemical industry remains robust and is largely dependent on the movement of application markets. Personal care and cosmetics take up a majority share of the market on a global scale due to increasing consumer awareness about the benefits of using personal care products and increased expenditure on cosmetic products. Seeking the opportunity, globally, several multinational brands have emerged with premium cosmetic and personal care products to capture a significant share of the market.   Access the Oleochemicals Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   Additionally, the fluctuating petrochemical prices are one of the major facto...

 The growing demand from the waste and water management sector has given a boost to the waterproofing membrane market in the recent few years. Waterproofing membranes are crucial components in construction, designed to protect buildings from water ingress and ensure structural integrity. As urbanization continues to drive demand for durable and sustainable infrastructure, the waterproofing membrane industry is expected to witness significant growth. The global waterproofing membrane market size was pegged at USD 24.54 billion in 2023. This is expected to cross USD 40 billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030. In recent years, the market has seen a shift toward advanced materials such as modified bitumen, EPDM (ethylene propylene diene terpolymer), PVC (polyvinyl chloride), TPO (thermoplastic polyolefin), and others. These materials offer superior durability, flexibility, and resistance to environmental factors, thereby expanding their application scope across ro...

  The stainless steel market has witnessed impressive growth in recent years, largely attributed to the increased rate of large housing constructions and the rise in infrastructural investments. Besides, the surge in the application of stainless steel in automotive industries and other industrial machinery and plants has encouraged leading companies to invest in the landscape. The aforementioned trends are largely driving the global stainless steel industry. According to Grand View Research, the estimated market size was USD 117.63 billion in 2023 and it is expected to expand at a CAGR of 6.7% from 2024 to 2030.   Access the Stainless Steel Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   Stainless Steel in Construction: Building a Better Future Construction activities are one of the key drivers expediting the stainless steel market's growth. Stainless steel is growing on a large scale as there is a huge demand for housi...

 The Kaolin market has gained traction as a clay mineral across industries such as cement, paints, cosmetics, ceramics, and others. As global industries depend on crucial minerals, the kaolin market is expected to grow in the near future. According to Grand View Research, the global kaolin market was estimated at $3.98 billion in 2023 and expanding at a CAGR of 4.0% from 2024 to 2030. This growth is attributed to the rising use of kaolin-based products in various industry applications, such as paper, ceramics, paint and coatings, fiberglass, pharmaceuticals, and cosmetics.   Access the Kaolin Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   Growth Opportunities of the Kaolin Market Kaolin is used the most in rubber, paper, and plastic industries and the market is expected to grow in the upcoming years. It is a unique industrial mineral, and the paper industry uses the largest tonnage of kaolin. Moreover, Kaolin material...

 The global active pharmaceutical ingredients market is part of the multifaceted pharmaceutical ecosystem driven primarily by innovation and regulatory compliance. The industry serves as the foundation for drug formulation and production. Active pharmaceutical ingredients (API) are active ingredients in medicine that produce the desired therapeutic effects. In recent years, the API market has witnessed significant growth and transformation, influenced by factors such as technological advancements, regulatory reforms, and changing healthcare landscapes. In the early days of pharmaceutical manufacturing, drug formulations were relatively simple, and APIs were primarily sourced from natural substances. However, with the advent of synthetic chemistry and molecular biology, the landscape of API production underwent a paradigm shift. Pharmaceutical companies began to invest in research and development to discover novel APIs, leading to the rise of innovative drug therapies.   Acc...

 Chemistry is everywhere! Catalysts are substances that alter the activation energy of chemical reactions to speed up the process, and the catalyst market is witnessing growth as it is useful in the chemical industry. The global catalyst market is driven by increased demand for chemical industry operators, who are majorly operating in sectors such as polymers, petrochemicals, refining, chemical synthesis, and others. Catalysts have played a pivotal role in shaping the modern world, and are useful for manufacturers in optimizing processes, cutting costs, improving yields, and reducing energy consumption. According to Grand View Research, the global catalyst market size was estimated at USD 31.09 billion in 2023 and is anticipated to grow at a CAGR of 4.6% from 2024 to 2030.   Access the Catalyst Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   The catalyst market is experiencing technological advancements, driving progress ...