Chemical Planet

Increasing focus towards cost effectiveness, safety, and environmental regulations are expected to have a positive impact on the demand over the forecast period. The Global Flow Chemistry Market is expected to reach a market size of USD 2.39 billion by 2025, according to a new report by Grand View Research, Inc. The flow chemistry involves a continuous flow of chemical processes in order to develop intermediate chemicals that are complex to achieve through the batch manufacturing process. High control over factors such as reaction time, temperature, flow, pumped volumes, and pressure allows increased safety levels in the process. Petrochemicals accounted for a significant market share and is expected to witness a CAGR of over 9%, in terms of revenue on account of highly favorable conditions for the ethylene and polyethylene manufacturers in North America. Pharmaceutical industry is expected to witness the fastest growth over the forecast period on account of high flexibility in c

Flourishing manufacturing g landscape in Asia is likely to be a key growth-driving factor for the industry in future. Additionally, high demand for lubricants has also resulted in a shift in global production landscape to the eastern hemisphere, with China and India emerging as major hubs. The Global Industrial Lubricants Market size is expected to reach USD 68.41 billion by 2024, according to a new report by Grand View Research, Inc., registering a revenue-based CAGR of 4.3% during the forecast period. The global industry is characterized by stringent regulations in Europe and North America, where ecolabel norms and environmental standards have prompted companies to develop bio-based feedstock for production and assess emissions associated with the lifecycle of lubricants. Moreover, the industry has been witnessing increasing demand for process oils, industrial engine oils, and general oils across metalworking, energy, and chemicals manufacturing sectors, which indicates a posit

Rapid shale gas development in North America has provided new avenues for producing ethylene, which has benefited production. Increasing PE wax demand across printing inks and adhesives industry is also expected to support the market growth. Volatile prices of polyethylene are expected to impact the profitability of key producers. The Global Polyethylene Wax Market is expected to reach USD 2.37 billion by 2022, according to a new report by Grand View Research, Inc. Polymerization was the leading technology segment and accounted for over 50% of total market volume in 2014. The technology is primarily used for high density polymerized and low density polymerized PE wax. On account of developing demand for specialized and customized wax, modification technology is expected to witness significant gain in its size over the next seven years. High density polymerized wax was the leading product segment and accounted for 40% of total market volume in 2014. Increasing penetration of high

The market is majorly driven by growing demand from various end-use industries such as oil and gas, building and construction, automotive, aerospace and marine, and performance coatings. Robust expansion of the building and construction industry will positively impact demand for aerogel over the forecast period as number of residential and commercial construction projects rise across the globe. The Global Aerogel Market size is expected to reach USD 3.29 Billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 22.6% CAGR during the forecast period. North America was the largest regional market in 2016 in terms of revenue, driven by robust growth in various end-use industries, especially in U.S. Furthermore, positive outlook of the oil and gas industry is expected to boost demand over the next few years. Aerogel offers several advantages such as low installation costs and improved pipeline compression resistance. The market is fragmented i

The market is poised to witness an upsurge in the use of metalworking fluids (MWFs) in heavy machinery and automotive applications owing to growing production of sophisticated machines and components. The Global Metalworking Fluids Market size is projected to reach USD 14.54 billion by 2025, as per the findings of Grand View Research, Inc., progressing at a CAGR of 4.4% during the forecast period. The market is characterized by competitive pricing strategies due to increasing number of medium- and small-scale suppliers. Demand for synthetic fluids is anticipated to experience sharp rise owing to their superior properties such as excellent surface finishing and increased tool life. Mineral-based oil is a traditionally used MWF and accounted for a volume share of 46.13% in 2017. It can be produced in large quantities owing to abundant availability, easy accessibility, and cost-effectiveness. Biobased metalworking fluids are likely to witness steady growth in Europe on account of pr

Growing concerns regarding oceanic pollution caused by improper engine function and subsequent demand for fuel-efficient engines are estimated to trigger the growth of the market. The Global Marine Lubricants Market size is expected to reach USD 9.32 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% during the forecast period. Marine lubricants are widely utilized in the shipping industry to help protect engines and equipment as well as enhance efficiency. These are essential high performance additives for engines, especially designed to enable optimal performance in marine operations. Growth in international trade, removal of trade barriers being the principal reason, is encouraging developing countries to concentrate more on improvement of their infrastructure, such as roads, airports, and seaports, which play a vital role in the development of the economy. Product storage, along with capacity to move large shipments, has place

Rising spending capability in matured economies of North America and Europe will augment industry growth over the next nine years. The Global Baby Product Market is expected to reach USD 121.0 billion by 2025, according to a new report by Grand View Research, Inc. Increasing birth-rate in emerging economies of Asia Pacific including India and China is anticipated to drive the demand for infant items over the forecast period. Rising awareness among the customers about infant nutrition, hygiene, and safety in the region will fuel demand over the forecast period. Continuous innovation among manufactures is expected to propel industry growth over the forecast period. Cosmetics & toiletries held the largest share in the market. Cosmetics help to enhance infant skin, provide nourishment, and resist swelling, itching, rashes and inflammations. Apart from that it tends to posses’ antibacterial, antifungal, antimicrobial, which soothe and provide luster to the skin. These beneficia

In 2014, the Global Surfactant Market was worth USD 25.60 billion. Development of detergents market predominantly in Latin America and Asia Pacific as a result of rising disposable income levels is likely to drive market growth. Moreover, growing oilfield chemicals demand on account of speedily growing E&P activities in China and North America is also expected to drive the global surfactants market. Surfactants are used to diminish surface tension between a solid and a liquid or between two liquids in the form of emulsifiers, wetting agents, foaming agents, detergents or dispersants. They are used in numerous end-use industries for instance cosmetics, agrochemicals and pharmaceuticals. Constant progress in these sectors is projected to assist the major industry participants. Anioinic surfactants was the largest product type which accounted for over 45% of the market in 2014. Increasing demand for linear alkyl benzene in cleaners and detergents on account of profitable charact

Increasing demand for anti-aging and environmental protection skin care products are expected to drive the overall industry growth. The Global Ceramide Market is expected to reach USD 360.4 million by 2022, according to a new report by Grand View Research, Inc. Social factors such as changing lifestyle coupled with increasing geriatric population base particularly in Japan, U.S. and parts of Europe has created novel demand for ceramide based products in the recent past and this trend is expected to continue over the next seven years. Expanding application base in food and pharmaceutical industries is also expected to have a positive influence on the market growth. Key personal care product manufacturers such as Elizabeth Arden Inc, Pur minerals, Kao Group, Etvos, L’Oreal, Avon Products Inc., Oriflame, Revlon Inc., Beiersdorf and Paula’s Choice are widely using ceramides for innovative skin and hair care solutions. Cosmetics were the leading application segment and accounted fo

Rising consumption of cosmetic and beauty products along with advancements in packaging technology is expected to drive the global over the next seven years. In addition, changing lifestyle along with rapid urbanization is expected to stimulate industry growth. Growing demand for flexible packaging owing to its lightweight property as well as high durability in China, India and Brazil is expected to propel growth over the forecast period. The Global Personal Care Packaging Market is expected to reach USD 37.25 billion by 2022, according to a new report by Grand View Research, Inc. Rigid plastics accounted for over 35.0% of the global revenue and are expected to witness significant gains over the next seven years as they are non-corrosive, light, and cheap. Increasing demand for rigid plastics in hair care and skin care applications owing to its superior properties of high impact strength, high stiffness, and high barrier properties will drive industry. Fragrances are e

Spiraling demand for vegan cosmetics among millennials is one of the primary growth stimulants of the market. The Global Vegan Cosmetics Market size is projected to reach USD 20.8 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.3% during the forecast period. Rapidly changing cosmetic trends are affecting global marketplace as most of the consumers find cruelty towards animals unethical and are spreading awareness against this act. Moreover, embracing natural substitutes such as plant-based personal care products is working in favour of the market. Use of animal products such as hair, fur, and others is banned in few countries of developed region such as Europe. This, in turn, is poised to boost the growth of the market. In addition, growing popularity of safer and naturally derived cosmetics is anticipated to augment the market. Increasing concerns regarding health & safety, consumer awareness about use of animal-tested p

The market is expected to grow owing to increasing adoption of the aerosol based household and personal care products primarily in the developing economies including China, India, Indonesia, and Thailand. The Global Aerosol Propellants Market size is expected to reach USD 11.28 billion by 2025, according to a new report by Grand View Research, Inc. The aerosol propellants market growth is primarily dependent on the availability of raw materials such as natural gas and crude oil, with the prices of such gasses changing in accordance to the price of the raw materials. The pricing of aerosol propellants is dependent on the price of natural gas and crude oil that act as raw materials for the extraction of the propellants. Increasing production of natural gas in North America and Asia Pacific is expected to drive the demand for the product over the next nine years-. Increasing technological initiatives leading to the production of advanced cans with the superior aesthetic appeal

Increasing application scope in functional beverages and infant formula is expected to have a positive impact on growth. The Global Human Milk Oligosaccharides Market is expected to reach USD 170.4 million by 2024, according to a new report by Grand View Research, Inc. Lack of protective enzymes in general infant formula and in breastfed milk, leading to high infant mortality rate, is likely to augment human milk oligosaccharides market growth. In 1990, the mortality rate of infants was 63 deaths per 1,000 live births, and in 2015, the rate declined to only 32 deaths per 1,000 live births. Growth of functional food & beverage industry in China, Brazil, India, Poland, South Korea, and Mexico is also likely to propel growth over the forecast period. Rising disposable income and increasing concerns of middle class population towards health issues in emerging economies such as India and China are also expected to be key factors contributing to market growth for dietary

Increasing penetration of technical textiles across various end-use industries such as medical, military and transportation is expected to drive the global technical textile chemicals market. Positive outlook on global automotive industry is also expected to have a positive influence on the market growth over the next six years. The Global Technical Textile Chemicals Market is expected to reach USD 4.96 billion by 2020, according to a new study by Grand View Research, Inc.   Increasing industrial growth rate in emerging markets of China, India, Brazil and Russia is further expected to complement the market growth. Volatile prices of key raw materials coupled with growing environmental concerns are expected to remain a key challenge for market participants. Transtech emerged as the largest application segment and accounted for 25.1% of total market volume in 2013. Growth of automotive industry particularly in BRIC nations coupled with resurgence of American automotive industry is

Construction industry growth in the U.S. post the Great Recession in 2008 - 2009, along with expansion of the domestic aerospace and energy sectors are anticipated to fuel concrete floor coatings demand over the forecast period. North America Concrete Floor Coatings Market is expected to reach USD 1.01 billion by 2020, according to a new study by Grand View Research, Inc. Introduction of the “National Infrastructural Plan (NIP)” by the government of Mexico, which is aimed at promoting residential and commercial infrastructure, is likely to augment market growth. The government plans to invest USD 590 billion over a period of four years between 2014 and 2018. Indoor was the largest application segment, accounting for over 60% of the North American concrete floor coatings market volume in 2013. Housing sector growth in the U.S. and Canada is anticipated is expected to fuel concrete floor coatings demand in indoor applications over the forecast period. However, outdoor coatings are

The Global Nanocoatings Market size was estimated at 309.5 kilo tons in 2013. Rising inclination towards the use of advanced nanomaterials in automotive and medical industries has led to an increase in the usage of nanotechnology, in turn boosting the growth of Nanocoatings Market . Nanocoatings are nanotechnology-based coatings possessing unique properties such as ductility, lubricity, hardness, abrasion resistance, and transparency, unlike conventional polymer coatings. The market is expected to be driven majorly because of a shift in demand for the product over conventional polymer coatings owing to their extraordinary properties and lower volatile organic compound emissions. Rising consumer awareness about self-cleaning and anti-microbial coatings in aerospace and mechanical applications to enhance the life spans of functional parts will augment the growth of the product over the forecast period. The global nanocoatings industry is estimated to be worth USD 8.17 billion by 20

Growing demand from the wood coatings industry for ultraviolet radiation protection is expected to remain a key driving factor for global UV light stabilizers market over the forecast period. These stabilizers prevent discoloration, product decomposition and diminish lignin degradation of wood. The Global UV Light Stabilizers Market is expected to reach USD 331.4 million by 2022, according to a new report by Grand View Research, Inc. Low VOC emission level is another key factor that is presumed to positively impact the global market. Complexities in the manufacturing process coupled with high product cost are expected to challenge market profitability. Decking & flooring was the leading application segment and accounted for over 25% of total market volume in 2014. Increasing construction spending in Asia Pacific and Middle East coupled with recovery of construction industry in the U.S. is expected to drive this segment over the forecast period. It is also expected to witness

Rising construction spending in light of urbanization, population growth and government infrastructural plan will augment industry growth. Emerging economies in Southeast Asia including Malaysia, Thailand and Singapore are projected to witness a surge owing to increasing commercial establishments including shopping malls and business parks. Global Decorative Coatings Market is expected to reach USD 106.97 billion by 2022, according to a new report by Grand View Research, Inc. Waterborne coatings accounted for over 70% of global revenue and are expected to gain share over solventborne owing to its non-requirement of additives, hardeners or thinners resulting in cost advantage. In addition, the U.S. EPA and REACH promotes use of waterborne technology which is expected to stimulate market expansion over the next seven years. Ongoing product development by various companies to manufacture cost-efficient and high performance coatings is further expected to drive demand over the next s

Antifouling coating are used to improve the stability and resilience of underwater surfaces of marine vessels such as cargoes, drilling rigs, passenger ships, and a yacht. New developments in ship-based logistics services in emerging economies including Middle East countries, Brazil, and India is estimated to fuel market growth for these coatings. The Global Antifouling Coating Industry is expected to witness growth on account of increasing demand for merchant fleets and navies and reach over USD 2.43 billion by 2022. Increasing need for embedded compact systems as prerequisite in deep water offshore reserves coupled with rising importance for Floating Production Storage Offloading (FPSO) in upstream oil & gas sector is anticipated to result in an up surging demand for antifouling paints. Demand for global antifouling coatings was 84.3 kilo tons in 2014 and is projected to surpass 130.0 kilo tons in the next seven years. It is expected to grow at a CAGR exceeding 5.0% in the

Growing demand for smartphones, tablets and high resolution displays is expected to drive growth over the forecast period. The Global Optical Coating Market is expected to reach USD 19.70 billion by 2022, according to a new report by Grand View Research, Inc. Rising utilization of consumer electronics coupled with technological advancement in this area is expected to augment demand over the next seven years. Optical coatings are used on glass surfaces which are further used in host of applications. Growing concern regarding energy efficient buildings has led to increased use of optical coatings in architectural glass. As per the LEED standards for green buildings, optical coatings play an important role in reducing energy consumption through thermal insulation and results in effective cooling and reduced costs. Favourable regulatory policies around the globe are expected to propel product demand in architectural glass applications over the forecast period. Anti-reflective segment

Transitioning consumer preferences towards fashionable products with enhanced colors & brilliant visual effects is expected to remain a key driving factor for this market. The Global Metallic Pigments Market is expected to reach USD 1.20 billion by 2022, according to a new report by Grand View Research, Inc. Technological advancements have introduced high luster & sparkling effects with increased durability for automotive OEM processing & paint refinishes. These odorless pigments are also widely utilized in other expanding end-use industries such as packaging, cosmetics & printing inks, particularly in emerging economies of China & India. Increasing consumer awareness regarding sustainability and environmental friendly nature of these pigments has also benefited the overall market. Aluminum pigment emerged as the leading product segment and accounted for over one third of the total market volume in 2014. Copper pigments are expected to be the fastest growing p

Growing of automotive coatings demand on account of increasing automobile production particularly in Asia Pacific is expected to remain a key driving factor for the global High Performance Pigments Market. The Global High Performance Pigments Market is expected to reach USD 6.32 billion by 2022, according to a new report by Grand View Research, Inc. The growth of global personal care industry is also expected to have a positive influence on the market growth. Volatile raw material prices coupled with the high price of these pigments is expected to remain a key challenge for market participants. The market displays high competition among its industry participants which has resulted in companies taking strong measures to reduce manufacturing costs and yet provide superior quality products. Inorganic high performance pigments emerged as the leading product segment with demand share exceeding 60% of the global market in 2014. However, organic high performance pigments are presumed to

High rate of commercialization of waterborne coatings on account of growing consumer preference towards low toxicity and VOC content may be attributed for high growth. Advancements in formulation techniques along with increasing requirement for multi-functional additives are also expected to fuel their demand over next seven years. The Global Waterborne Coating Additives Market is expected to reach USD 4.11 billion by 2022, according to a new report by Grand View Research, Inc. Waterborne coatings have penetrated approximately 90% in architectural segment in mature markets of North America and Europe as a drop-in substitute to petroleum derived solvent borne counterparts. Rheology modifiers were the leading product segment and accounted for over 40% of total market volume in 2014. These additives tend to lower the surface tension of the formulation which improves color acceptance, film quality, and wet abrasion resistance. Additionally, they help to control several rheological pr