Chemical Insights - Industry Forecast

The global industrial gases market was valued at USD 119.1 billion in 2025 and is projected to grow from USD 127.3 billion in 2026 to USD 172.6 billion by 2033 , registering a CAGR of 4.4% from 2026 to 2033 . Europe accounted for the largest regional revenue share at 41.7% in 2025 . Market growth is primarily supported by rising industrial manufacturing, healthcare demand, electronics production, and infrastructure development, particularly across emerging economies in Asia Pacific. Key Market Trends and Insights By product: Oxygen was the leading product segment, accounting for 38.5% of the market in 2025 . By distribution: Cylinder distribution represented the largest segment, with a 36.5% market share in 2025 . By application: Healthcare was the leading application segment, accounting for 27.0% of revenue in 2025 . Regional leader: Europe dominated the market with a 41.7% revenue share in 2025 . Growth opportunity: Increasing demand from manufacturing, healthcare, electronics...

The global mulch film market was valued at USD 4.6 billion in 2025 and is expected to reach USD 5.0 billion in 2026 . The market is projected to expand to USD 11.4 billion by 2033 , registering a CAGR of 12.5% from 2026 to 2033 . Asia Pacific dominated the global market with a 46.2% revenue share in 2025 , supported by the growing adoption of modern agricultural practices and increasing efforts to improve crop productivity. Mulch films are increasingly used in agriculture and horticulture to conserve soil moisture, regulate soil temperature, suppress weed growth, and improve crop yields. Rising food demand, the expansion of protected cultivation, and the growing focus on efficient water and resource utilization are expected to drive market growth throughout the forecast period. Mulch Film Market Key Insights 2025 market size: USD 4.6 billion 2026 estimated market size: USD 5.0 billion 2033 projected market size: USD 11.4 billion Forecast CAGR, 2026–2033: 12.5% Leading region: As...

The global polylactic acid (PLA) market was valued at USD 1.9 billion in 2025 and is projected to increase from USD 2.3 billion in 2026 to USD 5.2 billion by 2033, registering a compound annual growth rate (CAGR) of 19.8% from 2026 to 2033. North America accounted for the largest regional revenue share at 41.3% in 2025, supported by expanding industrial composting infrastructure and rising adoption of compostable materials in food packaging and foodservice applications. Growing demand for bio-based polymers, sustainability initiatives, and advances in PLA material performance are creating opportunities across packaging, automotive, textiles, medical devices, and additive manufacturing. Key Market Trends & Insights Raw material leadership: Corn starch accounted for 62.7% of the global polylactic acid market in 2025, reflecting its importance as a renewable feedstock for PLA production. Application trends: Rigid thermoform applications held the largest share at 46.6% in 2025, supp...

The global rodenticides market was valued at USD 6.2 billion in 2025 and is projected to reach USD 9.6 billion by 2033, expanding at a CAGR of 5.7% from 2026 to 2033. Asia Pacific accounted for the largest regional revenue share of 31.7% in 2025. Increasing rodent infestations across residential, commercial, and agricultural environments are driving demand for effective pest management solutions. Growing awareness of rodent-borne diseases, stricter food safety requirements, and advancements in bait formulations are further supporting market expansion. Key Market Trends & Insights Anticoagulants lead by product: The anticoagulants segment accounted for 76.2% of global rodenticides market revenue in 2025, reflecting its established role in rodent population management. Block formulations dominate by form: The block segment held the largest revenue share of 45.8% in 2025, supported by demand for practical bait formats across different pest control environments. Pest control compani...

The global water treatment chemicals market was valued at USD 35.8 billion in 2025 and is projected to reach USD 49.5 billion by 2033 , expanding at a CAGR of 4.2% from 2026 to 2033 . Market growth is being supported by increasing freshwater scarcity, rapid urbanization, rising industrial water consumption, and stricter regulations governing municipal and industrial wastewater discharge. Key Market Trends & Insights North America accounted for the largest revenue share of the global water treatment chemicals market, representing 28.2% in 2025 . The U.S. water treatment chemicals market is projected to expand at a 3.3% CAGR from 2026 to 2033 . By product, scale & corrosion inhibitors are anticipated to record the fastest growth, with a 4.8% CAGR from 2026 to 2033 . Raw water treatment represented the leading application segment, accounting for 48.0% of market revenue in 2025 . The municipal segment held the largest end-use share, representing 43.1% of revenue in 2025 . Ma...

The global geotextiles market was valued at USD 7.10 billion in 2022 and is projected to reach USD 11.82 billion by 2030 , expanding at a CAGR of 6.6% from 2023 to 2030 . Market growth is being supported by increasing civil engineering and infrastructure development activities, particularly as rapid urbanization and industrialization accelerate construction demand in developing economies. Key Market Trends & Insights Asia Pacific held the leading position in 2022 , accounting for approximately 54.4% of global revenue . Strong infrastructure investment, urban development, and construction activity across the region are contributing to its market leadership. The market can be summarized across four major segmentation trends: Material: Synthetic geotextiles dominated with a 91.5% revenue share in 2022 , reflecting their durability, cost-effectiveness, and broad use across construction applications. Product: Nonwoven geotextiles represented the largest product category, accounting ...