LONDON, March 6, 2024 (Globe Newswire) — Stay ahead of your competitors with chemical industry reports from The Business Research Company. This report provides valuable insights for companies navigating this dynamic sector. These comprehensive analyzes cover chemical market trends, growth drivers, challenges, and opportunities, enabling companies to make informed decisions and develop strategic plans.
Check out the top 7 latest market reports for the chemical industry from The Business Research Company.
1. Carbon dioxide world market report 2024
https://www.thebusinessresearchcompany.com/report/carbon-dioxyde-global-market-report
The carbon dioxide market has soared in recent years; $15.13 billion in 2023 and $17.32 billion in 2024, CAGR of 14.5%.Expected growth will continue as the market is expected to reach the following levels $29.05 billion by 2028, CAGR 13.8%. This surge is fueled by the growing demand for frozen foods and growing needs in the oil and gas industry.
Furthermore, the market is expected to expand due to increased demand for fire protection. Fire services extinguish fires and manage emergencies with the aim of protecting life, property, and the environment. Carbon dioxide manufacturers employ advanced carbon capture and storage (CCS) technologies to efficiently capture, purify, liquefy, and store carbon dioxide, thereby contributing to environmental sustainability. CCS captures carbon dioxide at the source and transports it to storage.
2. Compost World Market Report 2024
https://www.thebusinessresearchcompany.com/report/compost-global-market-report
The compost market has experienced strong growth in recent years. $7.53 billion in 2023 and $8.2 billion in 2024, with a robust CAGR of 9.0%. This surge can be attributed to the increased adoption of home composting, expansion of commercial composting facilities, food waste reduction programs, and the integration of compost into agricultural and urban planning.The expected growth is expected to continue and the market is expected to reach the following levels: $11.83 billion by 2028, CAGR of 9.6%.
This growth is being driven by an expanding horticulture industry, as well as circular economy practices, climate change mitigation efforts, increased awareness of soil health, and corporate sustainability efforts. Leading players in the market are focusing on the development of sustainable compost from organic materials, especially the by-products of mushroom cultivation, for environmentally friendly soil enrichment and increased competitiveness. Rising demand for organic produce is also driving market expansion, with organic food gaining popularity especially during the COVID-19 pandemic as consumers prioritize healthier options to boost immunity. is increasing.
3. Chemicals World Market Report 2024
https://www.thebusinessresearchcompany.com/report/chemicals-global-market-report
Growth trajectory of the chemicals market: $5,115.19 billion in 2023 and $5.57405 billion in 2024 (CAGR 9.0%). Expected growth: 7,788.1 billion in 2028 (CAGR 8.7%).
Key growth factors include regulation, consumer preferences, renewable energy, geopolitics, and safety. Trends: sustainability, digitalization, circular economy, nanotechnology, resilience. Companies prioritize environmentally friendly processes and alternative fuels. Demand for inorganic chemicals in fertilizers drives market growth.
Four. Natural Hair Care Products Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/natural-hair-care-products-global-market-report
The natural hair care products market is booming and is expected to continue expanding. $10.5 billion in 2023, $11.17 billion in 2024, CAGR 6.4%. This growth is due to increased marketing campaigns, increased demand in the cosmetics industry, disposable income, and innovations in hair color. In the prediction, $14.29 billion by 2028driven by interest in beauty, aging population, popularity of e-commerce, hair problems, and urbanization.
Companies are innovating to stay competitive, like BASF's 2022 launch of Youparan NL Pearl, the first wax-based COSMOS-certified personal care product. The rise of e-commerce facilitates market expansion by facilitating transactions, direct sales, and home delivery.
Five. Bathroom Products Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/bathroom-products-global-market-report
The bathroom products market is $109.53 billion in 2023, $122.26 billion in 2024 (CAGR 11.6%), It is driven by urbanization, lifestyle changes and design influences.expected to reach $189.37 billion by 2028 (CAGR 11.6%) This is due to smart home integration, water conservation and the growth of e-commerce.
Urbanization is stimulating demand globally, especially in Asian markets such as Indonesia, Vietnam and the Philippines. Companies like Kohler and his TOTO are investing in smart products with sensors and voice controls to improve the user experience.
6. Construction Chemicals Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/construction-chemicals-global-market-report
The construction chemicals market is $48.96 billion in 2023 and $53.73 billion in 2024, with a robust CAGR of 9.7%. This growth is due to infrastructure development, durability requirements, concrete admixtures, waterproofing solutions, and advances in materials science.Expected destination $77.77 billion in 2028 At the same time, the CAGR is driven by sustainable construction practices, energy-efficient solutions, a focus on safety, green certification, and growth in home construction.
Notable trends include self-healing materials, efficient adhesives, corrosion inhibitors, advanced flooring, catastrophic market growth, and more. Strategic partnerships between major companies are becoming increasingly popular, increasing market competitiveness.
7. Thermoforming Plastics World Market Report 2024
https://www.thebusinessresearchcompany.com/report/thermoforming-plastics-global-market-report
The thermoforming plastics market has experienced strong growth in recent years. It will be $48.76 billion in 2023 and $52.13 billion in 2024, representing a CAGR of 6.9%. In the coming years, the thermoforming plastics market is expected to continue to show strong growth and reach the following levels: 70.85 billion by 2028, maintaining a CAGR of 8.0%.
The expected drivers of this growth over the forecast period include rising demand for processed foods, surge in online retail sales, urbanization trends, and rising disposable income. The surge in online retail sales is expected to be a key catalyst for market expansion, especially as the convenience and accessibility of e-commerce platforms continues to drive consumer purchasing behavior. Furthermore, technological advances have emerged as a key trend in the thermoforming plastics sector, with industry leading players prioritizing the development of innovative solutions to strengthen market competitiveness and meet evolving consumer demands. doing.
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