In 2022, Europe held the largest global biomass pellets market share. According to a report published by the United States Department of Agriculture in 2022, the consumption of wood pellets in the EU is rising due to the growing residential applications in Germany and co-firing of wood pellets in the Netherlands. The report revealed that […]
Metal Scavenging Agents Market was valued at US$ 14,040.95 million in 2022 and is expected to reach US$ 23,502.69 million by 2030; it is estimated to record a CAGR of 6.7% from 2022 to 2030
In 2022, Asia Pacific held a significant metal scavenging agents market share. The region has been noticed as one of the prominent markets for the utilization of metal scavenging agents owing to the growing chemical and oil & gas sectors and rising urbanization leading to increasing demand for water treatment. Moreover, government initiatives and policies […]
Chlorine Market was valued at US$ 19,988.92 million in 2022 and is expected to reach US$ 26,777.66 million by 2030; it is estimated to record a CAGR of 4.0% from 2022 to 2030
In 2022, Asia Pacific accounted for the largest portion of the global chlorine market share. With an increasing population and a shift of people from rural to urban areas, there is a rising need for construction materials, particularly PVC and its derivatives. In the construction industry, PVC is used to manufacture pipes, fittings, cables, and […]
Redistribution Layer Material Market was valued at US$ 192.39 million in 2022 and is expected to reach US$ 460.15 million by 2030; it is estimated to record a CAGR of 11.5% from 2023 to 2030
In 2022, Asia Pacific held the largest share of the global redistribution layer material market. The region is considered a global manufacturing hub owing to the presence of diverse manufacturing industries. With China’s evolution into a high-skilled manufacturing hub, developing countries such as India, South Korea, Taiwan, and Vietnam are attracting several businesses that plan […]
Iron Powder Market was valued at US$ 1,806.32 million in 2022 and is expected to reach US$ 2,880.31 million by 2030; it is estimated to record a CAGR of 6.0% from 2022 to 2030
In 2022, Asia Pacific accounted for the largest portion of the global iron powder market share. Asia Pacific’s rapid industrialization and economic growth have led to an increased demand for iron powder. It is a fundamental raw material used in a wide range of industries, including construction, automotive, and electronics. The region’s burgeoning infrastructure development […]
Electronic Chemicals Market was valued at US$ 46,358.95 million in 2022 and is expected to reach US$ 76,383.14 million by 2030; it is estimated to record a CAGR of 6.4% from 2022 to 2030
In 2022, Asia Pacific held a significant electronic chemicals market share. Electronics and semiconductor manufacturing in Asia Pacific has been a major driver for global trade. Asia Pacific is a global hub for the production and export of technical consumer goods—including consumer electronics such as laptops, desktops, cellphones, radio sets, sound systems, and televisions—and other […]
Cooling Water Treatment Chemicals Market was valued at US$ 11.84 billion in 2022 and is expected to reach US$ 18.60 billion by 2030; it is estimated to record a CAGR of 5.8% from 2022 to 2030
The cooling water treatment chemicals market is expanding at a steady pace. Power, steel, mining and metallurgy, petrochemicals, oil & gas, food & beverages, and textile industries are among the major consumers of cooling water treatment chemicals. Growing demand for cooling water treatment chemicals from the power industry and the increasing number of nuclear plants […]
Cling Films Market was valued at US$ 5.48 billion in 2023 and is expected to reach US$ 8.22 billion by 2031; it is estimated to record a CAGR of 5.2% from 2023 to 2031
The healthcare and pharmaceutical industries stand at the forefront of innovation and precision, demanding solutions for packaging that ensure the safety and integrity of products. With increasing advancements in medical technology and a surging aging population, there is a rising requirement for efficient and reliable packaging options to ensure the integrity and safety of medical […]
Workwear Market was valued at US$ 32,078.76 million in 2022 and is expected to reach US$ 52,448.15 million by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030
Asia Pacific is expected to register the fastest CAGR in the workwear market during the forecast period. Increasing cases of occupational injuries, an increase in the number of surgeries and occupational deaths, high demand for safety apparel, growing expenditure on work safety by end users, such as oil and gas, food, automotive, and the presence […]
Aramid Fiber Market was valued at US$ 3.61 billion in 2022 and is expected to reach US$ 6.49 billion by 2030; it is estimated to record a CAGR of 7.6% from 2022 to 2030
In 2022, Asia Pacific accounted for the largest portion of the global aramid fiber market share. The rapid industrialization and economic growth in Asia Pacific have increased demand for these fibers. The rising demand for cars across the region is majorly driven by the increase in the spending power of consumers, the rising number of […]