PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504284
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504284
Please contact us using the inquiry form for pricing information.
Global Market Insights Inc. offers GMIPulse, a cutting-edge, Business Intelligence (BI)-enabled platform designed to deliver the finest strategic value. GMIPulse offers an adaptable subscription service, customizable to meet your unique needs, providing comprehensive and granular market data, competitive landscape insights, and an in-depth understanding of industry ecosystems. This platform is your go-to solution for all market research needs, ensuring you stay ahead with the latest trends and technological advancements.
The chemicals and materials industry is undergoing significant transformation driven by advancements in technology, sustainability initiatives, and evolving consumer preferences. GMIPulse provides in-depth insights into the following key markets within the chemicals and materials industry, with a collection of thematic reports focusing on:
The global abrasives market is projected to grow at a CAGR of 4.8% from 2023 to 2030, driven by increasing demand from the automotive and manufacturing sectors. Key applications include grinding, polishing, and cutting. For example, the rise in automotive production and maintenance activities is boosting the demand for high-performance abrasives.
The adhesives and sealants market is expected to grow at a CAGR of 5.5% from 2023 to 2030, fueled by advancements in construction and automotive industries. Major segments include structural adhesives, pressure-sensitive adhesives, and sealants. The increasing adoption of lightweight materials in automotive manufacturing is driving the demand for advanced adhesives and sealants that offer superior bonding strength.
The advanced materials market is set to expand at a CAGR of 6.1% from 2023 to 2030, driven by innovations in electronics, aerospace, and healthcare. Key materials include nanomaterials, advanced ceramics, and composites. For instance, the use of advanced composites in aerospace for weight reduction and fuel efficiency is seeing significant growth.
The biobased chemicals market is anticipated to grow at a CAGR of 7.2% from 2023 to 2030, supported by the shift towards sustainable and renewable chemical production. Major products include bioplastics, biofuels, and biolubricants. The growing emphasis on reducing carbon footprints is propelling the demand for biobased chemicals in various industries.
The lubricants and greases market is projected to grow at a CAGR of 3.9% from 2023 to 2030, driven by the increasing demand for high-performance lubricants in automotive and industrial applications. Key products include engine oils, hydraulic fluids, and industrial greases. The rise of electric vehicles is influencing the development of specialized lubricants that cater to the unique requirements of EVs.
MetalworkingThe metalworking fluids market is expected to grow at a CAGR of 4.3% from 2023 to 2030, driven by the demand for high-precision machining and fabrication processes. Key products include cutting fluids, grinding fluids, and forming fluids. The ongoing advancements in metalworking technologies are boosting the need for efficient and environmentally friendly metalworking fluids.
The paints and coatings market is anticipated to grow at a CAGR of 5.0% from 2023 to 2030, driven by rising construction activities and the need for protective coatings in industrial applications. Major segments include architectural coatings, industrial coatings, and specialty coatings. Innovations such as antimicrobial and self-cleaning coatings are gaining popularity, especially in healthcare and consumer goods sectors.
The personal care and cosmetics chemicals market is projected to grow at a CAGR of 6.5% from 2023 to 2030, supported by the increasing demand for natural and organic products. Key chemicals include emollients, surfactants, and active ingredients. The trend towards clean beauty and sustainable formulations is driving growth in this sector.
The polymers market is expected to grow at a CAGR of 4.7% from 2023 to 2030, driven by the demand for lightweight and durable materials in various industries. Key polymers include polyethylene, polypropylene, and polyvinyl chloride. The increasing use of polymers in packaging, automotive, and healthcare industries is fueling market growth.
The specialty chemicals market is set to expand at a CAGR of 5.2% from 2023 to 2030, driven by the demand for high-performance chemicals in diverse applications. Major segments include electronic chemicals, construction chemicals, and water treatment chemicals. The growing need for efficient and sustainable solutions is propelling the demand for specialty chemicals.
The specialty glass market is projected to grow at a CAGR of 6.0% from 2023 to 2030, driven by advancements in electronics, automotive, and healthcare industries. Key products include optical glass, technical glass, and glass ceramics. The increasing use of specialty glass in high-tech applications such as smartphones and medical devices is boosting market growth.
The surfactants market is expected to grow at a CAGR of 4.9% from 2023 to 2030, driven by the demand for cleaning and personal care products. Major segments include anionic, nonionic, and amphoteric surfactants. The trend towards biodegradable and eco-friendly surfactants is gaining traction, especially in household and industrial cleaning products.
The textiles chemicals market is anticipated to grow at a CAGR of 5.3% from 2023 to 2030, supported by the demand for functional and high-performance textiles. Key chemicals include dyes, finishing agents, and coatings. The rise of smart textiles and sustainable fabrics is driving innovation and growth in this sector.
GMIPulse offers unparalleled strategic value through its BI-enabled platform. With its customizable and interactive interface, accurate data, and comprehensive market insights, GMIPulse is your essential tool for staying ahead in the competitive chemicals and materials market landscape. Subscribe today to unlock the full potential of your market research and strategic planning capabilities.
Please contact us using the inquiry form for pricing information.