The 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 chondroitin sulfate market size was valued at USD 1.29 billion in 2023 and is projected to grow at a CAGR of 3.6% from 2024 to 2030. The driving factors of the growth include rising demand for nutraceutical goods and increased prevalence of osteoarthritis. Pharmaceutical-grade... 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 grow at a CAGR of 4.4% from 2024 to 2030. The increasing demand for sustainable and renewable chemical sources across various industries is driving market growth. Pine-derived chem... Read More »
July 2024The global precision fermentation market was estimated at USD 2.80 billion in 2023 and is projected to grow at a CAGR of 43.2% from 2024 to 2030. The consumers are increasing the demand for sustainable and eco-friendly products. This demand is a result of the rising awareness about the n... Read More »
July 2024The global brewing enzymes market size was estimated at USD 486.9 million in 2023 and is estimated to grow at a CAGR of 7.2% from 2024 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 fermenters market size was estimated at USD 1.69 billion in 2023 and is projected to grow at a CAGR of 8.4% from 2024 to 2030. The rapidly growing fermented beverage industry is expected to significantly drive the demand for fermenter systems and solutions during the forecast ... Read More »
July 2024The global microcrystalline cellulose market size was estimated at USD 1,110.54 million in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030. Microcrystalline cellulose (MCC) is commonly used as a binder, filler, and disintegrant in pharmaceutical tablets, as well as a bu... Read More »
July 2024The global cellulose acetate market size was valued at USD 5.95 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. The market is driven by the rising demand for cellulose acetate in applications like textiles and apparel, additionally, the material's increasing... 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 grow 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 from various end-use industries, such as p... Read More »
July 2024The global oleochemicals market size was estimated at USD 24.42 billion in 2023 and is projected to grow at a CAGR of 7.0% in terms of revenue from 2024 to 2030. The market outlook is considered positive due to the increasing demand for biodegradable products and restrictions on petroche... Read More »
June 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 grow 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 cosmetic & personal care industry... 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 grow 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 technological advancements in busine... 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 anticipated to grow 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 in natural products, given their non-toxi... Read More »
May 2024