Chemical Industry Data

  Fire Protection System Market Growth & Trends The global fire protection system market size is expected to reach USD 130.37 billion by 2030, expanding at a CAGR of 6.6% from 2023 to 2030, according to a new study by Grand View Research Inc.Modern fire alarm and detection systems are expected to see increased demand due to the ongoing development of new buildings around the world, including both residential and non-residential constructions. Modern technologies like artificial intelligence, the Internet of Things, and smart sensors being incorporated are also anticipated to drive the market. In addition, as mandatory fire safety regulations are implemented in sectors including oil & gas, manufacturing, and mining, the use of fire prevention systems is expanding. The adoption of fire protection systems is being fuelled by a variety of end-use sectors as well as escalating safety concerns and improved awareness of preventative actions.   Access the Fire Protection Sy...

 The global calcium carbonate market size is expected to reach USD 74.64 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2023 to 2030. Calcium carbonate is a compound that is commonly found in rocks, such as limestone and dolomite. The product is extracted by quarrying or mining and is further processed to form precipitated calcium carbonate (PCC) or ground calcium carbonate (GCC). The product is extensively used in various applications including paper, paints and coatings, food, health-related products, and building and construction materials. The COVID-19 pandemic impacted both the production and consumption of calcium carbonate. However, the demand is high in the healthcare market and related industries, mainly in the paper industry due to rising concerns regarding personal hygiene, which is boosting the demand for tissue papers.   Access the Calcium Carbonate Market Size, Share & Trends Analysi...

 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 ...

  Lubricants Industry | Forecast 2030 The economic value generated by the lubricants industry was estimated at approximately USD 134.65 billion in 2022. This economic output is an amalgamation of basic lubricant product categories namely, industrial, automotive, marine, and aerospace lubricants. The global lubricant industry has been witnessing a significant change, particularly in terms of raw materials, owing to the rising demand for bio-based lubricants. Asia Pacific has emerged as one of the largest consumers of lubricants owing to the rapidly growing automotive industry along with industrial development in the region. The most extensively used lubricants in the Asian market include automotive engine oils, greases, and hydraulic fluids. The market in the Asia Pacific has started mirroring the American and European regulatory systems, and countries like Japan and South Korea are thus emphasizing eco-labeled lubricants.   Access the Global Lubricants Industry Data Book, ...

  Blister Packaging Category - Procurement Intelligence The blister packaging category is expected to grow at a CAGR of 7.7% from 2023 to 2030. North America accounts for the largest share of the category. Transformation in packaging solutions is driving the demand in the category. Rising concerns about product safety, technology innovation, and sustainability have changed the way manufacturers are producing packaging solutions. Manufacturers are focusing on producing blister packaging using eco-friendly plastics. For instance, in 2021, Amcor announced customer trials of its first recyclable polyethylene-based thermoform blister packaging, AmSky, which is an alternative for PVC in blister packaging. AmSky reduces its carbon footprint by 70% compared to PVC. This packaging solution is frequently employed for tamper-evident purposes as it offers a securely sealed and transparent container for products, enabling consumers to detect any signs of tampering or opening. It also presents...

  Molded Pulp Packaging Category Overview The global molded pulp packaging category is anticipated to grow at a CAGR of 7.7% from 2023 to 2030. Growth of the category can be attributed to greater cost saving advantage offered by the products within the category in comparison to Expanded Polystyrene (EPS) and plastic packaging, rising need for environmentally safe and sustainable packaging options, and growing demand from end-use sectors such as electronics, food & beverage, healthcare, etc. Molded pulp is compostable, naturally biodegradable and recyclable, which fuels its need in the packaging sector.It is anticipated that innovations in manufacturing due to continuous research & development, and use of molded pulp as protective packaging for transportation & storage while also allaying sustainability concerns, are the factors increasing the demand for the products offered in the category. However, stringent government regulations across the globe to ensure thorough m...

  Textiles Industry | Forecast 2030 Grand View Research’s textiles sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book. The economic value generated by the textiles industry was estimated at approximately USD 1.6 trillion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing, distribution & supply, and application of textiles. Access the Global Textiles Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, com...