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Changing Lifestyle Habits to Drive China’s Household Care Industry

Date: 13, April 2021 | Category: Chemicals

China’s household care market is forecasted to reach US$26.96 billion in 2025, representing growth at a CAGR of 8.42% for the period spanning from 2021-2025. The factors such as rapid urbanization, increasing personal disposable income, improvement in consumer confidence, changing lifestyle habits and growing preference of personalized soaps are expected to drive the market. However, gro ..

Growing Focus on Lighter Feedstock to Drive Global Benzene Market

Date: 23, March 2021 | Category: Chemicals

The global benzene market is forecasted to reach US$105.75 billion in 2025, growing at a CAGR of 3.9% for the period spanning 2021-2025. The factors such as growing oil and gas exploration activities, escalating construction expenditure, high demand for polyester fiber, accelerating household cleaning products consumption and rapid urbanization are expected to drive the market. However, growth ..

Household Consumption Expenditures to Drive Global Surfactants Market

Date: 16, February 2021 | Category: Chemicals

The global surfactants market value is forecasted to reach US$51.31 billion in 2025, growing at a CAGR of 5.62%, for the period spanning from 2021 to 2025. 

Factors such as increasing home care industry, rapid urbanization, improving consumer confidence index, accelerating e-commerce channels and growing household consumption expenditure are expected to drive the market growth. Howev ..

Next-Generation Refrigerants to Help in Growth of Refregerants Market

Date: 31, December 2020 | Category: Chemicals

The global refrigerant market is expected to record a value of US$19.57 billion in 2024, increasing at a CAGR of 5.20%, for the duration spanning 2020-2024. The factors such as increasing sales of refrigerators, growing production of motor vehicles, rising demand for commercial air conditioners, growing adoption of portable fire extinguishers1 and increased industrialization in emerging economi ..

Construction Sector Supports the Global Specialty Chemicals Market

Date: 8, December 2020 | Category: Chemicals

The global specialty chemicals market is predicted to reach US$900.51 billion in 2024, progressing at a CAGR of 6.40%, over the period 2020-2024. The factors such as growing population, expansion of oil drilling & refinery capacities, accelerating sales of packaged food, expanding urbanization and surging consumption in the automotive sector would drive the growth of the market. However, th ..

Rising Carbon Footprint would Boost the Global Bioplastics Market

Date: 21, March 2020 | Category: Chemicals

The global bioplastics market is predicted to grow at a CAGR of 18.80% during the period spanning 2020-2024. The market is expected to be valued at US$67.03 billion in 2024. Growth in the bioplastics market was supported by various factors like increasing biodegradable food packaging market, growing corn starch market, rising deman ..