Chemical Insights

  According to Future Market Insights, the global N-Propanol Market Size is expected to grow from US$ 308.6 Mn in 2022 to US$ 420.6 Mn by 2032, with overall demand surging at 3.1% CAGR throughout the forecast period. Rising demand for paints, coatings, pharmaceuticals, etc. across the world is a key factor expected to drive the global market for n-propanol during the forecast period. In recent years, end-use industries for n-propanol, including coating, food, and beverages, cosmetics, automotive, pharmaceutical, and construction have been growing at a global level. Most of these industries utilize n-propanol for various applications. Thus, expansion of these industries across the globe, especially in developing nations such as China and India, will play a crucial role in driving the global n-propanol market during the forecast period. Similarly, growing demand for alternative fuels to conventional ones is expected to boost sales of n-propanol during the projection period. A...

  The  Wood Plastic Composites Market Size  is forecasted to flourish at a CAGR of 11.3% and reach a valuation of USD 16.06 Bn by 2032, while it holds a revenue of USD 6.38 Bn in 2022. Growing construction and repairing activities in the areas with dilapidated buildings are fueling the sales of wood-plastic composites, though the covid-19 has damaged the supply chain and distribution channel, limiting the growth of wood plastic composites market. Wood plastic composite with its lower melting temperature, unlike the other conventional wood products is expected to grow at a decent rate over the forecast period. Its lower cost and energy-efficient structure attracts a lot of end-users, fueling the sales of wood plastic composites. Expanding wood-plastic composites market size can be attributed to its nature-friendly feature because of which it is used in planned cities to keep the environment healthy and the habitat more natural. This not only increases the sales of wo...

 The Precast Concrete Market Size is projected to have a moderate-paced CAGR of 5.7% during the forecast period. The current anticipated valuation of the precast concrete market is US$ 134 billion in 2023. The value of the precast concrete market is forecasted to reach a high of US$ 234 billion, by the year 2033. Market participants boosting their capacity and bolstering their distribution network to expand their client base, are significant factors driving the demand for precast concrete. Other factors influencing the market are the rapid industrialization and urbanization of emerging nations, the growing emphasis on creating high-quality infrastructure globally, and the emphasis on green construction initiatives. The market has expanded as a result of the construction industry's transition to using cost-effective, environmentally friendly, and contemporary building methods. Therefore, the market is projected to be further boosted by the desire of emerging nations to moderniz...

  The  wood plastic composites market  is forecasted to flourish at a CAGR of 11.3% and reach a valuation of USD 16.06 Bn by 2032, while it holds a revenue of USD 6.38 Bn in 2022. Growing construction and repairing activities in the areas with dilapidated buildings are fueling the sales of wood-plastic composites, though the covid-19 has damaged the supply chain and distribution channel, limiting the growth of wood plastic composites market. Wood plastic composite with its lower melting temperature, unlike the other conventional wood products is expected to grow at a decent rate over the forecast period. Its lower cost and energy-efficient structure attracts a lot of end-users, fueling the sales of wood plastic composites. Expanding wood-plastic composites market size can be attributed to its nature-friendly feature because of which it is used in planned cities to keep the environment healthy and the habitat more natural. This not only increases the sales of wood pl...

  The global cosmetic chemicals market is worth US$ 15.89 Bn as of now and expected to reach US$ 26.84 Bn by the year 2032 at a CAGR of 5.4% between 2022 and 2032. Ingredients most commonly used in cosmetics are inclusive of preservatives, emulsifiers, moisturizers, thickeners, fragrances, and colors. They could be devised either naturally or synthetically. One could also derive synthetic chemicals from the natural products like bio- or petroleum-based ingredients. However, manufacturing process involved in synthesizing these chemicals is pretty complex. Moreover, as they are ‘derived’, they are categorized as synthetic. The natural products are inclusive of microbial, animal, mineral, and plant. Elevance Renewable Sciences, Inc. is a manufacturer of specialty chemicals that develops as well as markets the emollients formulated by using the patented technology from various plant-based products for usage in cosmetics, skin lotions, and hair styling products. Constructive disr...

 The precast concrete market is projected to have a moderate-paced CAGR of 5.7% during the forecast period. The current anticipated valuation of the precast concrete market is US$ 134 billion in 2023. The value of the precast concrete market is forecasted to reach a high of US$ 234 billion, by the year 2033. Market participants boosting their capacity and bolstering their distribution network to expand their client base, are significant factors driving the demand for precast concrete. Other factors influencing the market are the rapid industrialization and urbanization of emerging nations, the growing emphasis on creating high-quality infrastructure globally, and the emphasis on green construction initiatives. The market has expanded as a result of the construction industry's transition to using cost-effective, environmentally friendly, and contemporary building methods. Therefore, the market is projected to be further boosted by the desire of emerging nations to modernize the...

  The glass fiber reinforced plastic (GFRP) composites market is estimated to capture an impressive valuation of US$ 18.54 billion in 2023, and is growing to US$ 41.53 billion by 2033. The market is projected at a CAGR of 8.4% during the forecast period. Growing demand for high durability, flexibility, and premium quality products is increasing the adoption of glass fiber reinforced plastic (GFRP) composites. In addition, increasing electronic, automobile, and construction industries are surging the  demand for glass fiber reinforced plastic (GFRP) composites . For example, automobile manufacturers are developing light weighted devices and equipment to reduce the consumption of fuels. Increasing preferences for renewable energy and rising environmental concerns boost the market growth. The adoption of GFRP composites pipes in the oil, chemical, and marine industries to transfer the liquid and boost the strength propels market opportunities. Moreove...