The global chitosan market was valued at USD 10.88 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. The growth is attributed to the increasing demand for naturally derived products coupled with their high penetration in wast... Read More »
January 2024The global oleoresin market size was estimated at USD 1.8 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2030. This is attributed to the rising demand of oleoresins like turmeric in pharmaceutical and healthcare sectors due to its th... Read More »
January 2024The North America essential oils market size was estimated at USD 9.26 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030. This is attributable to the rising consumer awareness regarding organic and natural personal care products an... Read More »
December 2023The global biopolymers market size was estimated at USD 17.54 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2030. This is majorly attributed to the expanding demand for PHA-based environmental plastics. Corresponding to the heighte... Read More »
December 2023The global herbal extract market size was valued at USD 29.8 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. The market is expected to advance due to an increased demand for preservative-free, gluten-free, ... Read More »
November 2023The global mint essential oils market size was valued at USD 925.3 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030. The noteworthy growth of end-use industries, such as aromatherapy, personal care & cosmetics, pharmaceutica... Read More »
November 2023The global algae biofuel market size was valued at USD 8.38 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.1% from 2023 to 2030. This growth can be attributed to an increasing demand for bio-based resources to replace traditional fossil fuel prod... Read More »
November 2023The global furandicarboxylic acid market size was valued at USD 762.9 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 34.0% from 2023 to 2030. Furandicarboxylic acid (FDCA) is an oxidized furan derivative and is a highly stable compound. Owing to its... Read More »
November 2023The global pharmaceutical fine chemicals market size was valued at USD 126.9 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. The increasing elderly population in conjunction with a growing awareness of health among consumers i... Read More »
October 2023The global natural oil polyols market size was valued at USD 6.23 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The market growth is attributed to the increasing demand for lightweight and highly durable products in industries ... Read More »
October 2023The global long chain dicarboxylic acid market size was valued at USD 227.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030 on account of its increased usage in nylon & other polyamide and powder coating applications. The long... Read More »
October 2023The India palm oil market size was valued at USD 7.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030. Increasing demand for edible oils owing to the burgeoning population and improving economic conditions is anticipated to remain ... Read More »
October 2023The global biolubricants market size was valued at USD 2,461.2 million in 2022 and is anticipated to grow at a CAGR of 5.3% from 2023 to 2030, owing to increasing application in the transportation & manufacturing industries. Growing demand for lubricants with superior product charact... Read More »
October 2023The global glycerol market size was valued at USD 4.87 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2023 to 2030. This is attributed to its increasing demand from food, pharmaceutical, and nutraceutical industries. The product is widely use... Read More »
October 2023The North America glycerol market size was estimated at USD 1.13 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2033. This is attributed to its wide utilization for improving hydration and performance levels in athletes and relievi... Read More »
October 2023The global furfural derivatives market size was estimated at USD 12.48 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.24% from 2023 to 2030. The market growth is attributed to the product’s crucial role in the production of biofuels like bio... Read More »
October 2023The global bio-based polycarbonate market size was estimated at USD 64.60 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.40% from 2023 to 2030. Growing thermoplastics industrial applications and increased awareness about the environmental impact of p... Read More »
September 2023Global aspartic acid demand was 35.6 kilo tons in 2012. Increasing biodegradable products demand owing to depleting fossil fuel reserves is expected to remain a key driving factor for the global aspartic acid market for the next seven years. Aspartic acid is used in the synthesis of manu... Read More »
September 2023The global palm oil market size was valued at USD 70.44 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2030. The market is driven by exponentially growing demand from the food, beverage, biofuel, energy, personal care, and cosmetic... Read More »
August 2023The global green & bio-based solvents market size to be valued at USD 13.74 billion by 2024. The market is primarily driven by rising demand from key application segments such as ... Read More »
August 2023