Yearly Archives: 2025
The global oil absorbing felts market is projected to grow significantly, with its valuation expected to rise from USD 1,490.9 million in 2022 to an estimated USD 2,253.9 million by 2030, at a compound annual growth rate (CAGR) of 6.2% during the forecast period (2022-2030). This growth is driven by rising industrial activities, increasing environmental […]
The global clove oil market is projected to grow exponentially from USD 185.49 million in 2022 to an impressive USD 848.64 million by 2032, registering a compound annual growth rate (CAGR) of 13% during the forecast period (2023-2032). This robust growth reflects increasing applications of clove oil across various industries, including healthcare, cosmetics, and food […]
The global HPEG (Hydroxypropyl Ether Polyethylene Glycol) and VPEG (Vinyl Polyethylene Glycol) market, valued at USD 2,744.2 million in 2022, is projected to reach USD 4,534.8 million by 2030. This growth, reflecting a compound annual growth rate (CAGR) of 4.8%, underscores the increasing demand for these essential components in a wide range of industries. This […]
The global chlorhexidine API market, valued at USD 302.4 million in 2022, is expected to grow significantly, reaching USD 478.9 million by 2030 with a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030. This analysis dives deep into the industry’s dynamics, recent advancements, and future growth opportunities, offering valuable insights into this […]
The global hempcrete market, valued at USD 2.7 billion in 2022, is projected to surge to USD 6.8 billion by 2030, registering an impressive compound annual growth rate (CAGR) of 14.2% between 2022 and 2030. This report delves into the industry’s key dynamics, recent advancements, and future prospects while integrating credible and updated data to […]
The global tea wax market, valued at USD 58.9 million in 2022, is projected to expand at a compound annual growth rate (CAGR) of 5.8%, reaching USD 89.9 million by 2030. This comprehensive report explores the current dynamics of the tea wax market, recent developments, and the industry’s growth prospects while emphasizing reliable data and […]
The Solventborne Basecoat market, a key component of the global automotive and industrial coatings industry, is witnessing substantial growth. This market is primarily driven by the increasing demand for high-performance finishes, particularly in automotive applications where durability, aesthetics, and protective features are critical. Solventborne basecoats, which use organic solvents as carriers, provide a smooth and […]
Mineral compressor oil is a crucial component in the efficient operation of compressors, widely used in industrial and commercial applications. This oil, derived from petroleum, ensures smooth functioning by reducing friction, minimizing wear and tear, and maintaining optimum operating temperatures in various types of compressors. As industries increasingly rely on compressor systems for various applications, […]
Mineral oil-based heat transfer fluids are integral to numerous industrial applications, from chemical processing to renewable energy systems. Produced by refining and distilling petroleum, these fluids comprise hydrocarbon mixtures that offer efficient thermal management in high-temperature systems. In 2024, the global market for mineral oil-based heat transfer fluids was valued at USD 526 million and […]
Pharmaceutical grade mineral oil, a refined and purified derivative of petroleum, has become an essential component in various pharmaceutical and personal care products. Known for its transparent, colorless, viscous, tasteless, and odorless properties, this product offers unique versatility, making it indispensable across multiple applications, including ointments, creams, and drug formulations. The global pharmaceutical grade mineral […]