The global aromatic solvents market size was estimated at USD 5.18 billion in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2030. The market is expected to grow in developing nations such as China and India. The market has experienced high expansion, mostly because of an i... Read More »
May 2024The global methanol market size was estimated at USD 36.0 billion in 2023 and is projected to grow at a CAGR of 8.9% from 2024 to 2030. This is attributed to the growing consumption of methanol to produce dimethyl ether and methyl tert-butyl ether (MTBE), utilized as alternatives for gas... Read More »
May 2024The global specialty chemical distribution market size was estimated at USD 93.10 billion in 2023 and is projected to grow at a CAGR of 7.4% from 2024 to 2030. The market is driven by several factors that contribute to its market growth. The demand for specialty distribution is projected... Read More »
April 2024The global electric vehicle fluids market size was estimated at USD 720.6 million in 2023 and is expected to grow at a CAGR of 28.6% from 2024 to 2030. The market is expected to witness substantial growth over the forecast period owing to increasing global demand for e-vehicles, driven b... Read More »
April 2024The global naphthalene market size was estimated at USD 4,962.91 million in 2023 and is projected to grow at a CAGR of 3.0% from 2024 to 2030. The market is experiencing increasing demand due to its growing use in the construction industry as a plasticizer in various concrete admixtures,... Read More »
April 2024The North America activated carbon market size was estimated at USD 990.6 million in 2023 and is expected to grow at a CAGR of 3.6% from 2024 to 2030. The product has air-purifying properties and is widely used to reduce odor and control greenhouse emissions. Coconut and wood are the pop... Read More »
April 2024The U.S. chemical distribution market size was estimated at USD 28.03 billion in 2023 and is anticipated to grow at a CAGR of 7.5% from 2024 to 2030. The U.S. chemical distribution industry is reasonably fragmented, with many chemical distributors serving the U.S. market. These maj... Read More »
March 2024The global activated carbon market size was estimated at USD 3.72 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2030. The main growth driver is predicted to be increased demand for water treatment and sewage treatment applications. A... Read More »
February 2024The global toluene market size was valued at USD 63.67 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. This is attributable to its increasing application as solvent in the chemical industry in manufacturing of different chemic... Read More »
February 2024The global lubricants market size was estimated at USD 139.44 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030. This is attributed to the growing demand for automotive oils and greases due to the growing trade of vehicles and spar... Read More »
February 2024The global petrochemicals market size was valued at USD 619.28 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. The demand for the product is attributed to an increase in the demand for downstream products from various end-use ind... Read More »
February 2024The global adhesives and sealants market size was estimated at USD 71.42 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. Changes in material consumption patterns, with metal, aluminum, and paper being increasingly replaced by&nbs... Read More »
January 2024The global heat transfer fluids market size was estimated at USD 11.06 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2030. The rapid adoption of concentrated solar power globally is one of the major factors driving demand. Heat tr... Read More »
January 2024The global chemical distribution market size was valued at USD 256.6 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030.The demand for the chemical distribution is projected to be driven by rising chemical consumption in a variety... Read More »
January 2024The global specialty oilfield chemicals market size was estimated at USD 10.04 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2030. The growth is attributed to the increasing crude oil production, coupled with growing demand from the... Read More »
December 2023The global oilfield chemicals market size was valued at USD 28.43 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2030. This growth is attributed to the renewed robustness in oil exploration & production activities due to th... Read More »
December 2023The global helium market size was estimated at USD 3,613.2 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2030. This is attributed to increasing product usage in numerous end-use industries like aerospace, defense, medical, electronic... Read More »
December 2023The global grinding fluids market size was estimated at USD 695.5 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030. This growth is attributed to the fact that grinding process is widely adopted in various industries for achieving ... Read More »
December 2023The refrigeration oil market size was valued at USD 1.42 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. This growth is attributed to the rising demand for new and innovative electronics, such as refrigerators, air conditioner... Read More »
December 2023The global drilling lubricants market size was estimated at USD 2.64 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030. This growth is aided by the extensive usage of drilling lubricants in the oil a... Read More »
November 2023