Chemical Insights - Industry Forecast

  The global   plastic additives market   size is anticipated to reach USD 71.43 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.6% from 2024 to 2030. Owing to their ability to enhance performance, appearance, and processability of various polymers. Increasing demand for these additives is directly proportional to the growing consumption of polymers across the globe.The global plastic additives market size was 48.86 billion in 2023. Additives are used with different polymers in order to result in maximum output and increase the life span of the product. Plastic additives are increasingly being used for variety of functions that include extenders, processing aids, property modifiers, and stabilizers in industrial applications. Plastic Additives Market Report Highlights In 2023, the plasticizers segment dominated the market, capturing the largest revenue share of 51.52%. Plasticization involves altering ...

  The global   optical brighteners market   size is expected to reach USD 2.48 billion by 2030, registering a CAGR of 5.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. Optical brighteners are dyes that can absorb light in the ultraviolet and violet band ( between 340 nm and 370 nm of the electromagnetic spectrum) and re-emit it in the blue band (ranging from 420 nm to 470 nm). Rapid growth in industries such as paper, textile, and detergent and soap is anticipated to drive the market demand. Optical brighteners find applications in paper brightening, detergents and soaps, fabrics, and synthetics and plastics. They are also used in various end-use sectors including cosmetics, textile, and industries. Soaps and detergent industry is experiencing a strong demand from the emerging economies. At present, optical brighteners are the most widely used chemicals in detergents and soaps. Use of optical brighteners in laundry detergents makes clothes loo...

The global  sintered metal filters market  size is expected to reach USD 2.37 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.7% from 2022 to 2030. This growth can be attributed to the ability of the filters to achieve effective particulate removal to protect equipment and comply with environmental regulations. The use of filters in various applications like medical, chemical, electronics, and power are driving the demand. Sintered metal filters are made from different elements, including bronze, stainless steel, fiber filter, titanium, specially alloyed powders, and nickel-based alloys. Among all the elements used to make sintered metal filters, bronze is the most popular. Sintered metal filters have high tolerances & strength and can be used in temperatures ranging from -200 to 10000C. It has filtration accuracy from 0.5um to 300um, which helps in better separation of particulate matter. To lessen...

  The global   mercury analyzer market   size was estimated at USD 298.8 million in 2023 and is projected to to grow at a CAGR of 6.3% from 2024 to 2030. The increasing regulatory framework and rising awareness regarding mercury contamination is anticipated to boost the demand for the product over the forecast period. Mercury analysis plays a crucial role in environmental monitoring, industrial hygiene, as well as in food and chemical processing. High level of mercury in air, water, food, or other goods can lead to severe impact on health, leading to a neurological disease called Minamata disease. The rising health awareness and health consciousness are likely to increase the demand for mercury analyzers for a safe environment. The rising rate of industrialization across the world is significantly leading to increasing mercury contamination in the surroundings. According to the National Institute of Health of the U.S., the mercury release in the atmosphere has increased t...

  The global   hexagonal boron nitride market   size was estimated at USD 904.32 million in 2023 and is projected to grow at a CAGR of 5.1% in terms of revenue from 2024 to 2030. The market growth is driven by the unique properties of hexagonal boron nitride (h-BN) that make it highly valuable in various advanced technologies. h-BN, often referred to as "white graphene," exhibits exceptional thermal conductivity, high electrical resistivity, and excellent chemical stability. These characteristics make it an ideal material for use in electronics, such as in the production of high-performance insulators and thermal management components. Hexagonal boron nitride (h-BN) is a synthetic material composed of boron and nitrogen atoms arranged in a hexagonal lattice, similar in structure to graphene. Often referred to as "white graphene," h-BN features a layered structure where the layers are held together by weak van der Waals forces. This structure gives h-BN unique physic...