The global bio-based construction polymer market was valued at USD 13.49 billion in 2023 and is expected to grow at a CAGR of 14.8% from 2024 to 2030. This anticipated growth can be attributed to the strategic utilization of renewable resources. Manufacturers have increasingly utilized b... Read More »
August 2024The Middle East sea salt market size was estimated at USD 599.19 million in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030. One major driving factor for the growth of sea salt consumption in the Middle East region is the increasing awareness of its health benefits comp... Read More »
August 2024The global aspartic acid market size was valued at USD 107.7 million in 2023 and is expected to grow at a CAGR of 6.7% from 2024 to 2030. The market growth can be attributable to the increased focus on manufacturing processes and a shift towards natural labeled foods and the purity of co... Read More »
August 2024The global pine-derived chemicals market size was estimated at USD 5.82 billion in 2023 and is projected to reach USD 7.82 billion by 2030, growing at a CAGR of 4.4% from 2024 to 2030. The increasing demand for sustainable and renewable chemical sources across various industries is drivi... Read More »
July 2024The global brewing enzymes market size was estimated at USD 520.6 million in 2024 and is estimated to grow at a CAGR of 7.2% from 2025 to 2030. Brewing enzymes play an important role in the production of alcoholic beer and wine and are essential for the aroma and flavor of the product.... Read More »
July 2024The global tetrahydrofuran market size was estimated at USD 4.53 billion in 2023 and is expected to grow at a compound CAGR of 6.7% from 2024 to 2030. Growing production of polytetramethylene ether glycol (PTMEG) is expected to drive the market for tetrahydrofuran (THF) over the co... Read More »
July 2024The global cellulose acetate market size was estimated at USD 6,200.6 million in 2024 and is projected to reach USD 8,030.9 million by 2030, growing at a CAGR of 4.4% from 2025 to 2030. The market is driven by the rising demand for cellulose acetate in applications like textiles and... Read More »
July 2024The global organic rheology modifiers market size was estimated at USD 4,291.7 million in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. This growth can be attributed to increasing demand for sustainable and environmentally friendly products, leading to a shift toward... Read More »
July 2024The global 1,3 propanediol market size was estimated at USD 424.8 million in 2023 and is projected to reach USD 799.7 million by 2030, growing at a CAGR of 9.8% from 2024 to 2030. The demand for the product can be attributed to the rising adoption of polytrimethylene terephthalate f... Read More »
July 2024The U.S. oleochemicals market size was estimated at USD 3.4 billion in 2023 and is expected to grow at a CAGR of 7.8% from 2024 to 2030. The key growth drivers for this market are the growing demand for sustainable products, increasing development of biodegradable products, and growth ex... Read More »
June 2024The global ethyl lactate market size was estimated at USD 66,484 thousand in 2023 and is projected to reach USD 85,992 thousand by 2030, growing at a CAGR of 3.7% from 2024 to 2030. The demand for the product is set to witness substantial growth owing to its increasing consumption in the... Read More »
June 2024The Europe essential oils market size was estimated at USD 11.72 billion in 2023 and is projected to grow at a CAGR of 8.4% from 2024 to 2030. Increasing consumer awareness concerning natural and organic personal care products has compelled manufacturers to direct their focus to natural ... Read More »
June 2024The Asia Pacific essential oils market size was estimated at USD 1.9 billion in 2023 and is projected to grow at a CAGR of 10.0% from 2024 to 2030. Regional economies such as India, China, and Indonesia are pioneers in the essential oils industry, having emerged as the largest exporters ... Read More »
June 2024The global chemicals digitalization market size was estimated at USD 14.83 billion in 2023 and is projected to reach USD 60.13 billion by 2030, growing at a CAGR of 23.1% from 2024 to 2030. This growth can be attributed to the increasing adoption of automation, data analytics, and other ... Read More »
June 2024The Indonesia palm oil market size was estimated at USD 12.58 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. Increasing demand for palm oil in food, cosmetics, and biofuel industries is driving the market growth. According to the International Labour Organi... Read More »
June 2024The global bio-succinic acid market size was estimated at USD 126.04 million in 2023 and is projected to reach USD 272.36 million by 2030, growing at a CAGR of 12.1% from 2024 to 2030. The anticipated surge in demand for the product is expected to stem from the escalating interest i... Read More »
May 2024The global bio-based polyethylene market size was estimated at USD 1,030.3 million in 2023 and is projected to reach USD 3,491.2 million by 2030, growing at a CAGR of 19.3% from 2024 to 2030. The global demand for recycled polyethylene (PE), coupled with efforts to promote... Read More »
April 2024The MEA specialty chemicals market size was valued at USD 22.43 billion in 2023 and is anticipated to witness a compound annual growth rate (CAGR) of 4.8% from 2024 to 2030. The market growth is attributed to growing demand of specialty chemicals in the cosmetic industry in countries inc... Read More »
March 2024The global oleoresin market size was estimated at USD 1.8 billion in 2023 and is projected to reach USD 2.83 billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030. This is attributed to the rising demand for oleoresins like turmeric in the pharmaceutical and healthcare sector... 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 2023