Chemical Insights - Industry Forecast

The global  hydrogen peroxide market  size was valued at USD 1.48 billion in 2024 and is expected to reach USD 2.11 billion by 2030, expanding at a CAGR of 6.2% from 2025 to 2030. This growth is driven by rising demand from major end-use sectors, including pulp and paper, chemical synthesis, and water treatment. Increasing industrial activities and the shift toward sustainable and chlorine-free bleaching alternatives further strengthen market expansion. Key Market Trends & Insights Asia Pacific dominated the global hydrogen peroxide market with a 40.3% revenue share in 2024, driven by strong industrial output and rising water treatment needs. The U.S. led the North American market, recording the largest revenue share in 2024. By grade, the below 30% concentration segment accounted for the largest share at 38.1% in 2024. By function, the bleaching segment dominated with a 35.4% share in 2024. By application, the pulp and paper segment led the market, securing 33.4% revenue ...

The global  hot melt adhesives market  size was valued at USD 9.08 billion in 2024 and is projected to reach USD 11.65 billion by 2030, expanding at a CAGR of 4.3% from 2025 to 2030. This growth is primarily driven by the increasing adoption of hot melt adhesives in the packaging industry. The rapid expansion of the e-commerce sector and rising logistics activities—especially in the food & beverage segment—further strengthen market demand over the forecast period. Key Market Trends & Insights The Asia Pacific hot melt adhesives market dominated the global landscape with a 51.7% revenue share in 2024. The U.S. led the North American market in 2024. By product, the Ethylene-vinyl Acetate (EVA) segment accounted for the largest revenue share of 39.3% in 2024. By application, the packaging segment held the largest market revenue share in 2024. Market Size & Forecast 2024 Market Size: USD 9.08 Billion 2030 Projected Market Size: USD 11.65 Billion CAGR (2025–2030): 4.3% ...

  The global   geosynthetics market   size was estimated at USD 16.52 billion in 2024 and is expected to reach USD 24.60 billion by 2030, reflecting a CAGR of 8.3% from 2025 to 2030. This steady expansion is strongly supported by accelerated infrastructure development, especially across emerging economies that are increasingly adopting advanced construction materials. Key Market Trends & Insights The Asia Pacific region dominated the global geosynthetics market in 2024, accounting for a revenue share of 52.2%. The U.S. held the leading position within the North American market during the same year. Among the various product categories, geotextiles emerged as the largest segment with a 48.3% share in 2024, driven by their widespread use in reinforcement, separation, filtration, and erosion control applications. Market Size & Forecast 2024 Market Size:  USD 16.52 Billion 2030 Projected Market Size:  USD 24.60 Billion CAGR (2025–2030): 3% Asia Pacific: ...

The global   natural food colors market   size was estimated at USD 2,224.9 million in 2024 and is projected to reach USD 4,114.2 million by 2033, expanding at a CAGR of 7.1% from 2025 to 2033. The market is witnessing strong growth driven by rising consumer preference for clean-label, chemical-free food products and the increasing shift away from synthetic additives. Key Market Trends & Insights By region: North America dominated the global market with a 31.0% share in 2024. By ingredient: Beta carotene led the segment, accounting for a 20.4% share in 2024. By form: Powdered natural food colors held the largest share at 48.7% in 2024. By application: The beverages segment was the leading category, holding 26.1% of the market in 2024. Market Size & Forecast 2024 Market Size: USD 2,224.9 Million 2033 Projected Market Size: USD 4,114.2 Million CAGR (2025–2033): 7.1% Largest Market (2024): North America Consumers are increasingly prioritizing natural products due to risin...

The global   plastic compounding market   was valued at USD 67.17 billion in 2023 and is expected to reach USD 112.08 billion by 2030, progressing at a CAGR of 7.4% from 2024 to 2030. Growth is fueled by the increasing replacement of conventional materials such as natural rubber, wood, metals, glass, and concrete with advanced plastics. The versatility, light weight, and customizable nature of plastic compounds continue to strengthen their adoption across industries. Key Market Trends & Insights Asia Pacific led the plastic compounding market with a revenue share of over 44.0% in 2023, supported by rising manufacturing activities and growing automotive production. Europe accounted for above 21.0% revenue share in 2023, driven by strong demand from automotive, construction, and electrical industries. By source, fossil-based compounded plastics dominated the market with over 56.0% share in 2023. By product, polypropylene (PP) held the highest market share at over 29.0% in 20...

The global   intumescent coatings market   size was estimated at USD 912.1 million in 2024 and is expected to reach USD 1,389.2 million by 2033, growing at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033. The primary driver is the increasing focus on passive fire-protection systems across sectors such as construction, oil & gas, and transportation. Key Market Trends & Insights In 2024, the Asia Pacific region led the market with a revenue share of 35.0%. The United States dominated the North American segment. By type, the thin-film segment held the largest value share at 62.4% in 2024. By substrate, structural steel & iron captured 73.6% of revenue in 2024. From a technology standpoint, the water-based segment accounted for the largest share at 35.3% in 2024. The market is being propelled by stringent fire-safety regulations and building codes, particularly in developed regions, compelling adoption of advanced fire-resistant coatings. Rapid urbanizat...

The global   aluminum extrusion market   was estimated at USD 91.38 billion in 2024 and is anticipated to reach USD 146.82 billion by 2030, registering a compound annual growth rate (CAGR) of 8.4% over the 2025-2030 period. Growing utilization of aluminum in both traditional internal combustion vehicles and electric vehicles (EVs) in the automotive and transportation sectors is supporting market expansion. Key Market Trends & Insights In 2024, the Asia Pacific region dominated the global aluminum extrusion industry, accounting for more than 71.0% of total revenue. In the U.S., the automotive sector is a major contributor to the extrusion market’s growth. Looking at product categories, the “shapes” segment held the largest revenue share at 79.0% in 2024. From an application perspective, the building & construction sector represented the greatest share, contributing over 60.0% of global revenue in that year. Market Size & Forecast As mentioned, the market size in 202...

The global   activated carbon market   was valued at USD 3,934.1 million in 2024 and is projected to reach USD 5,497.3 million by 2033, at a compound annual growth rate (CAGR) of 3.8% during the 2025-2033 forecast period. The market growth is largely propelled by intensifying environmental regulations as well as increasing concerns over water and air pollution across industrial, municipal and residential sectors. Key Market Trends & Insights The Asia Pacific region led the activated carbon market in 2024, capturing a 49.0% revenue share. The Chinese market in particular is anticipated to grow at a noteworthy CAGR of 3.8% between 2025 and 2033. On the basis of product type, the powdered activated carbon (PAC) segment is forecast to deliver a strong CAGR of 4.0% over the same period. Looking at applications, the gas-phase segment held the largest revenue share in 2024 at 53.6%. In terms of end-use industries, water treatment dominated with a 42.5% share of the market in 2024...

The global   rose water market   was valued at USD 495 million in 2024 and is projected to reach USD 752.6 million by 2030, reflecting a compound annual growth rate (CAGR) of 7.2 % from 2025 through 2030. Growth is primarily driven by increasing consumer preference for natural and organic products, especially within skincare and cosmetics. Key Market Trends & Insights In 2024, Europe secured the largest regional share of the global rose water market, accounting for 41.6 % of industry value. The North America rose water market was valued at USD 137.6 million in 2024. By product type, the Rosa Gallica segment was the most significant in revenue, reaching USD 239.5 million in 2024. By application, the personal care and cosmetics segment held more than 45 % of the market share in 2024. Regarding distribution, the indirect sales channel of rose water is expected to grow at a CAGR of 7.1 % from 2025 to 2030. Consumers are increasingly gravitating toward gentle, plant-derived ing...

The global   reusable packaging market   was valued at USD 135.8 billion in 2024 and is projected to reach USD 190.1 billion by 2030, growing at a CAGR of 5.9% from 2025 to 2030. One of the chief drivers of this industry is the growing global consciousness around sustainability and environmental protection. Key Market Trends & Insights In 2024, North America dominated the market with a revenue share exceeding 34.4%, while the Asia-Pacific region is witnessing rapid growth. By material type, the plastic segment held the largest share at over 48.7% in 2024. By product type, containers were expected to dominate, capturing 37.1% of the market that year. Among end-uses, the food & beverage sector led, with a market share of more than 38.7% in 2024. Regulatory pressure worldwide on single-use plastics is prompting industries to shift toward eco-friendly alternatives. Reusable packaging solutions help reduce waste, lower resource depletion and carbon emissions, making them a ...

In 2024, the global   PVC additives market   was valued at approximately USD 6.80 billion. Over the period from 2025 to 2030, it is expected to grow at a compound annual growth rate (CAGR) of 6.0 %, reaching USD 9.62 billion by 2030. The construction sector continues to be a major driver behind this growth, fueling strong demand for performance-enhancing additives in PVC materials. Key Market Trends & Insights The Asia Pacific region led the global PVC additives market in 2024, contributing over 43.8 % of revenue, and is projected to maintain the fastest growth among regions with a CAGR of 6.3 % during the forecast period. In the United States, growth in the PVC additives sector is largely supported by expansion in the construction and housing markets. By product type, stabilizers captured the largest revenue share in 2024 (above 33.7 %) and are expected to remain among the fastest-growing segments. By end use, the building & construction segment held more than 38.4 % ...

The global   propionic acid market   was valued at approximately USD 1.11 billion in 2023 and is forecast to reach USD 1.40 billion by 2030, registering a compound annual growth rate (CAGR) of 3.4 % between 2024 and 2030. Its growth is driven by widespread applications across sectors such as food preservation, cosmetics, and pharmaceuticals, as well as use as antifungal and antibacterial agents in agriculture and livestock. Key Market Trends & Insights In 2023, Europe led the market with the largest regional revenue share of 39.1 %. The Asia Pacific region is expected to grow most rapidly, with a projected CAGR of 4.0 % during the forecast horizon. By application, animal feed held the dominant share in 2023, accounting for 54.1 % of total revenues. Propionic acid’s utility in preserving the flavor of cheese, bread, tortillas, and other baked goods further supports demand growth. Beyond food preservation, the acid serves as an intermediate in the manufacture of herbicides, ...

In 2023, the global   powder coatings market   was valued at USD 10.39 billion. It is forecast to reach USD 15.34 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.8% between 2024 and 2030. The expansion is driven by heavy demand across sectors such as home appliances, automotive, infrastructure, and general industrial uses. Powder coatings are increasingly preferred due to their environmental benefits and performance characteristics. Key Market Trends & Insights In 2023, the Asia Pacific region dominated the global powder coatings market, accounting for a revenue share of 37.7%. The United States market is projected to exhibit strong growth from 2024 to 2030. Among applications, the consumer goods segment held the largest revenue share in 2023, at 24.1%. By resin type, polyester resins led in 2023 with a revenue share of 26.4%. Market Size & Forecast 2023 market size: USD 10.39 billion Projected market size in 2030: USD 15.34 billion Forecast CAGR ...