Category Archives: Chemical & Material

Tow Prepreg Market Value Projected to Expand by 2031

Global tow prepreg market is anticipated to grow at a CAGR of 12.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing versatility of tow prepreg across various sectors is driving the global market’s expansion. This composite material, typically made from carbon fibers pre-impregnated with resin, offers a compelling […]

Polyisobutylene Market to Witness Robust Expansion by 2031

Global polyisobutylene market is anticipated to grow at a CAGR of 5.6% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increased demand for polyisobutene in the automotive industry is driven by its use in the manufacturing of tires and other applications that contribute to improved performance, durability, and fuel […]

Pitch Coke Market to Signify Strong Growth by 2024-2031

Global pitch coke market is anticipated to grow at a CAGR of 2.6% during the forecast period (2024-2031). Regulatory policies and environmental concerns shape the pitch coke market. Government regulations aimed at reducing emissions can lead to increased investments in this sector. As awareness about environmental sustainability grows, stakeholders may prioritize sustainable supply chains and seek out […]

Caprylyl Glycol Market Value Projected to Expand by 2031

Global caprylyl glycol market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is its widespread use in various industries, particularly in the cosmetics and personal care sector. Caprylyl glycol serves as a versatile ingredient due to its multifunctional properties, including its […]

Caprolactam Market to Signify Strong Growth by 2024-2031

Global caprolactam market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2024-2031). The increasing demand for caprolactam from growing textile industry is a key factor driving the growth of the global caprolactam market. Carpet fiber made from nylon 6 resin is durable, resilient, and colorfast. Nylon 6 offers a great range […]

Petroleum Jelly Market Value Projected to Expand by 2031

The global petroleum jelly market is anticipated to grow at a moderate CAGR of 4.2% during the forecast period (2024–2031). The market growth is driven by the rising consumption of cosmetics products including moisturizers, lip balms, and hair care products. Petroleum jelly is an important ingredient in the manufacturing of such products. With widespread demand for cosmetic […]

Mycelium Leather Market is thriving worldwide by 2031

Mycelium leather market is anticipated to grow at a significant CAGR of 9.1% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of mycelium leather in fashion and accessories to furniture and automotive interiors. Using mycelium instead of animal leather in textiles is one of the major successful uses of the […]

Bitumen Emulsifiers Market to Witness Astonishing Growth by 2031

 The global bitumen emulsifiers market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growing demand for the use of cold mix technology instead of hot mix Asphalt due to many advantages of cold mix bitumen emulsion is another factor that will positively affect the market of bitumen emulsifiers. The wide […]

Acetophenone Market to Witness Robust Expansion by 2031

Acetophenone market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period (2024-2031). The market growth is attributed to the growing application of acetophenone in consumer goods, food and beverage, pharmaceuticals, and resins. The growing demand of acetophenone as antipyretics and painkillers in the pharmaceutical industry is further aiding to the global […]

Thermoplastic Polyolefin Market Will Generate Record Revenue by 2031

Global thermoplastic polyolefin market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period (2024-2031). TPO is widely used in various industries for its versatile properties. In construction, it is utilized for applications such as waterproofing membranes, wall claddings, and window profiles. In packaging, TPO films and sheets are preferred for their toughness, […]