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Epoxy Resin Market Demand: Impact of COVID-19 and Recovery Strategies

 The global epoxy resin market size is expected to reach USD 16.87 billion by 2030, registering a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand for epoxy-based composites across end-use industries is expected to drive the market during the forecast period. Epoxy resins are used to manufacture composite materials that are used widely in load-bearing applications, such as automotive, aerospace, construction, oil & gas, and marine, owing to their high super adhesiveness and high mechanical &other properties. The demand for high-performance composites is expected to witness growth in the commercial airplane sector as well as emerging opportunities in various applications, such as wind turbines and pressure vessels.   However, the relatively high cost and labor-intensive production of advanced composites are anticipated to prevent these composites from penetrating high-volume and price-sensitive markets. Increasing demand

Polyurethane Foam Market Regulatory Landscape: Compliance and Safety Standards

 The global polyurethane foam market is expected to reach USD 73.57 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2024 to 2030. The remarkable growth of the global market can be attributed to a combination of factors such as versatile nature of PU foam has allowed it to find widespread applications across various industries, including construction, automotive, packaging, and furniture. Its excellent insulation properties, lightweight nature, and durability have made it a preferred choice in these sectors. Additionally, the increasing demand for energy-efficient materials and a growing emphasis on sustainable practices have further fueled the adoption of PU foam. Moreover, ongoing research and development efforts have led to innovations in the production process, making PU foam more cost-effective and environmentally friendly, contributing to its rising popularity in the market.   Flexible foam has secure

Glycolic Acid Market Regulatory Landscape: Compliance and Safety Standards

 The global glycolic acid market size is expected to reach USD 565.2 million by 2030, registering a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.   The personal care segment dominated the of glycolic acid market by capturing 61.1% of market share in 2023 driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period.   Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment deman