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Showing posts from October, 2025

Rose Water Market Gaining Momentum In Food And Beverage Applications

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...

Reusable Packaging Market Strengthened by Adoption of Circular Economy Models

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 ...

PVC Additives Market Sees Surge in Demand for Heat Stabilizers

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 % ...

Propionic Acid Market Expands with Agricultural Chemical Applications

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, ...

Powder Coatings Market Innovates with Advanced Resin Formulations

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 ...

Powder Coating Equipment Market Benefits from Metal Fabrication Demand

  In 2022, the global  powder coating equipment market  was valued at USD 2,929.9 million, with projections estimating growth to USD 4,329.0 million by 2030, representing a compound annual growth rate (CAGR) of 5.0% over the 2023-2030 period. Growth is being driven by rising demand for powder coatings that offer greater ease of use, flexibility, higher quality finishes and storage stability; also, the need for energy-efficient equipment is increasing as non-renewable resources diminish. Key Market Trends & Insights In 2022, Asia Pacific was the market leader, accounting for 46.7% of global revenue. The Central & South America region is expected to grow at a CAGR of 5.5% from 2023 to 2030. Within the product categories, the Ovens & Booths segment led in 2022 with 39.3% of global revenue. The Consumer Goods application segment held the largest share, with over 23.6% of global revenue in 2022. Market Size & Forecast Market size in 2022 stood at USD 2,929.9 mi...

Post-consumer Recycled Plastics Market Focuses on High-quality Resins

In 2024, the global   post-consumer recycled plastics market   was valued at USD 11.78 billion and is forecast to grow to USD 21.64 billion by 2030, reflecting a compound annual growth rate (CAGR) of 10.4 % over 2025–2030. Growth is largely driven by mounting environmental concerns and tightening regulations on plastic waste management, which are pushing industries to adopt more sustainable practices. Key Market Trends & Insights In 2024, the Asia Pacific region accounted for the greatest share of global revenues, making up 45.1 % of the market. North America is projected to exhibit a growth rate of 10.7 % over the forecast period. Among sources, the bottles segment dominated with a 75.4 % revenue share in 2024. In terms of type, Polyethylene (PE) was the leading polymer, contributing 20.1 % of revenues in 2024. Several forces are shaping market dynamics. Companies are increasingly embedding corporate sustainability commitments into operations, while governments are introd...