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Asian specialty chemicals market is expected to reach US$424.51 billion in 2025, rising at a CAGR of 7.75%, for the period of 2021-2025. Factors such as rise in construction industry, growth in oil refining activities, growing cosmetic industry and recovering economic growth would drive the market value during the forecasted period. However, the market growth would be challenged by price instab ..

The global ammonia market is expected to record a value of US$74.61 billion, growing at a CAGR of 5.59%, for the time period of 2021-2025. The factors such as growing demand for nitrogen, growing potentials of green ammonia as marine fuel, increasing demand for urea, increasing use of margarine, expansion of explosive industry and increasing demand for semiconductor would drive the growth of th ..

The global polyethylene market inclined to US$169.27 billion in 2025, growing at a CAGR of 4.87% during the period spanning 2021-2025. The market experienced growth accruing to several factors such as upsurge in e-commerce sales, growing demand for plastic bags & sacks and increasing demand for packaged food. Growing cultivation of cannabis and increasing demand for plastic films is expecte ..

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 ..

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 ..

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 ..

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 ..

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 ..

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 ..