Chemical Insights - Industry Forecast

  Laser Processing Industry Overview The global  laser processing market  size is expected to reach USD 38.22 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.1% from 2022 to 2030. The rising utilization of expensive laser-drilling techniques for oil and gas exploration purposes is projected to substitute the traditional methods. Decreasing drilling costs are anticipated to increase the feasibility of uneconomic oil deposits, thus positively impacting the market growth. The growing need for this type of processing in industrial solar modules is further expected to fuel the market growth.   The requirement for laser technology in the medical sector is projected to witness significant growth due to increasing technological advancements. These technical developments offer faster recovery time, smaller incisions, and lesser pain. The increasing adoption of these methodologies is expected to spur the demand...

  Polymer Foam Industry Overview The global  polymer foam market  size is expected to reach USD 170.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2022 to 2030. Rising demand from the automotive and building and construction industries is likely to drive the market. Polymer foams are widely utilized in combination with other materials in various composite constructions, high-resilience foam seating, rigid insulation panels, automotive components, carpet underlays, upholstery stuffing, and packaging, among other applications.   Rigid types are primarily used as insulation material in construction and refrigeration applications. They are energy-efficient and help in cutting energy costs. Flexible types are mainly used as cushioning material in transportation, furniture, bedding, carpet underlay, and packaging, among others. The rising focus on the development of biodegradable foams owing to ...

  Hydrogen Generation Industry Overview The global  hydrogen generation market  size is expected to reach USD 225.55 billion by 2030, registering a CAGR of 6.4% during the forecast period, according to a new report by Grand View Research, Inc. The global hydrogen generation market is likely to be driven by the growing demand for cleaner fuel, coupled with increasing governmental regulations for the desulphurization of petroleum products.   Hydrogen is an effective energy carrier, and this quality is expected to contribute, significantly, to its further penetration into newer markets. The global electricity demand is anticipated to witness an increase by nearly two-thirds of the current demand in the forecast period. Focus on the projects, related to distributed power & utility, expected to bolster the demand for hydrogen generation market growth during the forecast period. The Methane Reforming segment led the market in 2021. This was the dominant segment in ...

  Calcium Carbonate Industry Overview The global  calcium carbonate market  size is expected to reach USD 68.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% from 2022 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.   Calci...

  Heat Transfer Fluids Industry Overview The global  heat transfer fluids market  size is projected to reach USD 14.2 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 3.6% during the forecast period. The growing demand from the manufacturing and energy sectors is expected to drive the global market. Thermal oils are typically formulated from petrochemicals and  mineral oils , which eventually harm the environment in terms of recyclability, biodegradability, and aqueous toxicity. Due to multiple strict regulations laid down by governments across the globe, the growth of heat transfer fluids (HTFs) has taken a hit.   Major innovators in the field are trying to bring imminent changes in the production process, such as the usage of bio-based products, increased extraction efficiency, and enhanced solvent recovery. The COVID-19 pandemic caused serious disruption in businesses and supply chains. The decrease i...

  Adhesives And Sealants Industry Overview The global  adhesives & sealants market  size is expected to reach USD 107.27 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.9% from 2022 to 2030. Rising investments in construction and infrastructure is projected to play a key role in the expansion of the global adhesive & sealants industry.   The positive outlook of infrastructure projects across Asia, the U.S., the Middle East, and Eastern Europe is likely to fuel the demand for adhesives and sealants over the coming years. With environmental regulations forcing industry participants to adopt eco-friendly products, water-based and non-solvent products are projected to gain greater prominence in the market in the near future. Increasing infrastructure spending across residential and commercial sectors worldwide is propelling the installation of different types of flooring such as resilient and woo...

The global Ozokerite Wax market was valued at $XX million in 2018, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Ozokerite Wax from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Ozokerite Wax market. Download Free Sample Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-ozokerite-wax-market/request-sample Leading players of Ozokerite Wax including: • Strahl & Pitsch • Koster Keune • Poth Hille • Nanyang Energy Chemical • Beijing LIKANGWEIYE • WAXOILS Pvt Ltd • ParaLight LLC • Frank B. Ross • M/S Bhakti Petrochem • Carmel • Shri Ram Sons Wax Private Limited Market split by Type, can be divided into: • ...