Chemical Planet

Significant usage of bio-based, high-performance absorption polymers in adult incontinence products, disposable diapers, and agriculture applications is likely to boost the industry growth over the forecast period. Furthermore, feminine hygiene sector is anticipated to provide unique opportunities for these environment-friendly polymers over the next few years. The Global Biodegradable Superabsorbent Material Market is expected to reach USD 190 million by 2024, according to a new report by Grand View Research, Inc. The demand for biodegradable superabsorbent polymers was 42 kilo tons in 2015 and is projected to witness robust growth in numerous applications owing to its superior absorption rate, biodegradability, and biocompatibility with the human skin. In addition, companies are focusing on innovation to develop water retaining polymeric compounds in agricultural applications as well. Companies such as Exotech Bio Solutions Ltd. and Itaconix Corporation manufacture

Rising need for smart packaging products owing to increasing usage in the end use industries such as electronics and automotive on account of its superior protection properties is expected to fuel the growth over the forecast period. Rising industrialization in emerging regions including Asia Pacific and the Middle East is expected to drive the industry over the next eight years. The Global Smart Packaging Market is expected to reach USD 26.7 billion by 2024, according to a new report by Grand View Research, Inc. Increasing application scope in the logistics industry pertaining to the surging use of RFID tags at multiple levels to speed up locating products, and to improve the availability of real-time information coupled with the elimination of record loss is expected to drive the demand over the next eight years. Moreover, rising investment to improve the logistics industry within emerging economies such as China and India are projected to propel the industry growth.

The effectiveness of the material in medical implants due to its superior properties such as high impact strength, low reactivity, and good flexibility is expected to drive the demand over the forecast period. The Global Medical Grade Ultra-High Molecular Weight Polyethylene (UHMWPE) Market is expected to reach USD 1.36 billion by 2024, according to a new report by Grand View Research, Inc. UHMWPE is a material having long chains which enable it to efficiently transfer load, thus making it suitable for implantation applications. The material is extremely pliable and has good impact strength. The material has less weight as compared to metals. All these properties have increased the demand for UHMWPE for medical applications in the recent past, and this trend is expected to continue over the forecast period. Joint replacement surgeries use ultra-high molecular weight polyethylene due to its effectiveness and versatility options. There has been a surge in demand for jo

Biomedical & biotechnology was the prominent segment and accounted for approximately 45.5% of the overall revenue in 2015. Smart polymers are used widely in the biomedical & biotechnology sector for drug delivery systems, tissue engineering, bioseparation, and biocatalyst. The Global Smart Polymers Market is expected to reach USD 20.02 billion by 2025, according to a new report by Grand View Research, Inc. Stimuli-responsive materials undergo various physicochemical changes when they respond to external stimuli such as temperature, pH, chemical ions, enzymes, sound, light, and other factors. Furthermore, these products are not only adaptive to the changes in surroundings but are also capable of regaining their original properties. The attributes mentioned above make smart polymers favorable for use in producing self-regulated drug delivery systems, tissue engineering systems, bioseparation devices, and reversible biocatalysts. The North America smart polyme

Growing utilization of bio-engineered polymeric materials that offers high efficiency and durability in manufacturing advanced hi-tech end-user products is projected to boost market demand over the forecast period. The Global Polymer Chameleon Market is expected to reach USD 1.64 billion by 2025, according to a new report by Grand View Research, Inc. Polymer chameleon is high-performance polymers showing environment-dependent characteristics. They react to external stimuli such as temperature, pH, light; biological molecules, electric & magnetic field, ionic components, and undergo reversible physical & chemical alterations in response. These polymers discover promising applications in many verticals of the molecular and biomedical areas such as cell culture support systems, actuators systems, bio-separation devices, sensors, and textile engineering frameworks. The appearance of drug delivery system to regulate controlled drug-delivery with a narrow remedial

The growing solar PV (photovoltaic) and electronic industry are expected to propel market demand over the coming years. The FBR technology used in the production of polysilicon has helped to reduce manufacturing cost to a large extent, thus lowering prices of polysilicon in 2014. Increasing solar photovoltaic installations is projected to impact market growth positively. Polysilicon is also used in the fabrication of crystalline silicon wafers, which is the backbone of the microelectronics industry. The Global Polysilicon Market is anticipated to reach USD 13.56 billion by 2025, according to a new report by Grand View Research, Inc. Asia Pacific occupied the largest share of the global polysilicon market on account of a vast number of solar installations in countries such as China, India, Japan, and South Korea. The low cost of solar grade polysilicon is expected to propel market demand over the forecast period. Huge investments in renewable energy projects across th

The growth of global paints and coatings industry coupled with its usage in industrial and architectural applications is expected to fuel the market growth over the forecast period. The Global Matting Agents Market is anticipated to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc. Matting agents alter the surface properties of an application, resulting in diffusion of incident light. These phenomena result in gloss reduction thus causing matting effect. They are available in various forms such as powders, dispersions, compounds and blends thus facilitating their easy usage. The additives impart an authentic look to the surface. Furthermore, they can exhibit properties such as scratch, weathering, and water resistance to the coatings. Such inherent advantages are expected to result in market growth globally. Strong demand for industrial applications in emerging countries such as China and India is expected to benefit the overall marke

The growing demand in the medical sector, owing to its hydrolytically degrading property in the body is projected to increase the global market growth. The Global Bioresorbable Polymer Market is anticipated to reach USD 2.26 billion by 2025, according to a new report by Grand View Research, Inc. The increasing health awareness, improving healthcare facilities worldwide and growing surgery procedures across the globe will have a positive impact on the bioresorbable polymers industry growth in the overcoming years. The increasing product demand for drug delivery application is another key factor for market development over the forecast period. The harmless decomposition and its chemically neutral nature in the body make them suitable for drug delivery segment. The PLA-based product demand exceeded 89 tons in 2015, which is projected to remain as the largest and fastest growing segment over the upcoming years. The PLA market is growing dramatically in the pharmaceutical

Growing demand for CPO and PKO derived products from a wide range of sectors including personal care, home care, and food along with other industrial products such as adhesives, lubricants, paints, coatings, and inks is expected to influence product demand over the forecast period. The Global Palm Methyl Ester Derivatives Market is anticipated to reach USD 1.01 billion by 2025, according to a new report by Grand View Research, Inc. Palm methyl ester derivatives are essentially oleochemicals processed from CPO and PKO, leading to greater global demand driven by sustainability along with environmental and health concerns. Rising consumer preference for natural ingredients and process sustainability in personal care, food, and other sectors is also anticipated to boost product demand. In the past few years, the industry has witnessed increasing investments in R&D activities for the development of biodegradable products, which can substitute the petroleum-based ones.

Growing popularity of high-value chemicals that play a crucial role in the development of novel products is a major driving factor for the industry. The Global Specialty Chemicals Market is expected to reach USD 1.79 trillion by 2025, according to a new report by Grand View Research, Inc. Specialized & advanced features of these compounds lends them a significant advantage in comparison with commodity products, since the former are formulated on the basis of unique performance characteristics for specific applications in the construction, automotive, electronics, agriculture and other sectors. International chemical authorities are widely advocating the passage of free trade agreements such as Transatlantic Trade Investment Partnership (TTIP) between the U.S. and Europe which is expected to foster manufacturing & trade of these products over the near future. Recovery in housing starts and rebounding growth of the automotive sector in North America is also a key t

Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period. The Global Fluoropolymer Films Market is expected to reach USD 2.17 billion by 2025, according to a new report by Grand View Research, Inc. Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical. Furthermore, it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities. In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance

The market is expected to witness a CAGR of 5.7% over the forecast period, owing to increasing personal care products consumption has been a major factor driving market growth. In addition, growing consciousness regarding the advantages of these products coupled with the trends of adopting smart farming techniques has led to the increased utilization of polymer gel in agricultural activities. The Global Polymer Gel Market is expected to reach USD 7.93 million by 2025, according to a new report by Grand View Research, Inc. Demand for polymer gels is anticipated to witness promising growth during the forecast period on account of rapidly growing personal care market. Polymer gel is mainly driven by the demand from the personal care industry, as it has high absorbing capacity. The demand for polymer gel is expected to grow owing to the rising growth in various end-use industries in the Asia Pacific region. Personal care was the largest application category in 2016 and i

Rising investment in the hospitality sector is expected to propel the market growth. The Global Concrete Admixture Market value is expected to reach USD 33.6 billion by 2025, according to a new report by Grand View Research, Inc. Major market players are implementing growth-through-acquisition strategy to increase their market presence. The market is observing a rise in strategic mergers among key industry players. For instance, the key merger of the concrete admixture market in 2016 is the strategic collaboration of the U.S. based Huntsman Corp and Clariant AG. This merger is anticipated to create a market value of USD 14 billion. The concrete admixture is largely used in the construction processes for the building bridges, arches, tunnels, buildings, road slabs, and others. The construction sector growth is largely dependent on the emerging countries. Major events generate big infrastructure reforms. For example, Brazil witnessed heavy investment in infrastructure sect

Rising growth of millennials and nuclear families as well increase in disposable income towards consumption of single use EPS containers provided by urban food outlets and takeaway stations is expected to promote the usage of expanded polystyrene. The Global Expanded Polystyrene Market is projected to reach approximately USD 12.97 billion by 2025, according to a new report conducted by Grand View Research, Inc. In addition, innovation in automotive sector including making cars more light weight and fuel efficient by global car manufacturers will propel to the growth of EPS over the forecast period. EPS demand in packaging industry are projected to grow at a CAGR of 5.0% from 2016 to 2025. High rate of manufacturing capabilities across developing nations, growing rate of exports across nations, and future growth in high rate of e-commerce business is projected to keep extensive market reach for packaging products over the next nine years. The rate of inward migration

Increasing growth of millennials and nuclear families as well as rise in disposable income towards capability in purchasing of residential apartments in emerging markets is expected to promote the usage of flooring chemicals. Also, the growth of manufacturing facilities in developing nations is projected to increase the application of construction flooring chemicals over the forecast period. The global construction flooring chemicals market is projected to reach approximately USD 6.15 billion by 2025, growing at a CAGR of 4.7% during forecast period, according to a new report published by Grand View Research, Inc.   Flooring chemicals demand in the commercial sector is expected to grow at a CAGR of 3.8% in terms of volume from 2016 to 2025. The lucrative manufacturing outlook in developing nations including China and India on account of easy availability of chemical feedstock and cheap labor is expected to result in establishment of new commercial spaces. Abovementio

Superior characteristics offered by the polyolefin (POF) shrink films owing to the introduction of cross-linking technology is expected to drive demand over the forecast period. The Global Polyolefin Shrink Film Market is expected to reach USD 7.4 billion by 2025, growing at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. The rising demand of polyolefin (POF) shrink films owing to its improved barrier properties, ease of printing and superior airtight sealing to increase the shelf life of the product is expected to drive market growth over the forecast period. In addition, high gloss finish of the film enhances the appearance and aids marketing success, which is expected to complement growth. Growing demand for packaged food such as ready-to-eat meals, snacks, and frozen meals with changing lifestyle, modern retail trades and increased popularity of quick service restaurants are expected to drive the growth. In addition, use of innovative processin

Numerous properties such as strength, flexibility, conductivity, and low cost offered by FRP products are anticipated to boost the industry growth over the forecast period. The Global Fiber Reinforced Polymer (FRP) Composites Market is anticipated to reach USD 282.9 billion by 2025, according to a new report by Grand View Research, Inc. The global players present in the market are collaborating with research agencies for developing new & improved synthetic and natural fiber-based reinforced polymer to gain a competitive edge over other companies. The players are also trying to develop new manufacturing techniques to reduce the production cost and increase production capacity. Glass fiber reinforced polymer (GFRP) composites dominated the overall market with over 65% market share in 2016. The product is relatively cheaper and can be economically fabricated using different manufacturing techniques. GFRP is preferred over other FRP composites in applications or pr