Chemical Research

  The algaculture market involves the cultivation and harvesting of microalgae and macroalgae biomass, which provides nutritional oil and protein ingredients that find applications in food and animal feed industries. Algae cultivation offers sustainable production of food and feedstock and helps address the rising demand for plant-based nutrition alternatives. The global algaculture market is estimated to be valued at US$10.7 million in 2024 and is expected to exhibit a 14% CAGR over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising demand for sustainable food products is one of the key trends driving the growth of the  algaculture market . Algae cultivation provides eco-friendly production of high-value nutritional ingredients which are utilized in plant-based foods such as meat and dairy alternatives as they offer similar protein levels. Algae biomass can be grown in open ponds or closed photobioreactors

Australia ammonia has various industrial applications including the production of nitrogen fertilizers for agricultural purposes. Ammonia is used as nitrogen fertilizer for growing crops as it helps in improving soil quality and increasing crop yield. Australia has a well-established agricultural industry with crops such as wheat, barley, sugar, and fruits being major agricultural products. The growing agricultural production in the country to meet the rising global food demand is driving the adoption of ammonia-based fertilizers. The global Australia ammonia market is estimated to be valued at US$ 934.85 million in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand from the agricultural sector is one of the major trends driving the growth of the Australia ammonia market. Agriculture is a significant part of Australia's economy, and the country is a

  Paper packaging offers advantages such as low cost, sustainability, printability, and recyclability. It is widely used for packing of food and beverages, personal care and cosmetics, household products and other consumer goods. With the continued growth of e-commerce retail sector, the demand for paper packaging has accelerated owing to its unique benefits such as lightweight and high strength properties during shipping and deliveries. The global Paper Packaging Market is estimated to be valued at US$ 373.7 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased demand from e-commerce sector has been a key trend driving the growth of the  paper packaging market . factors such as affordability, convenience, rising internet penetration and adoption of smartphones have led to rapid growth of e-commerce retailing across the world. This has significantly b

  Blowing agents are chemicals used to manufacture insulation materials by expanding thermoplastic polymers and plastics into foam. They improve the insulation properties of materials by trapping tiny air pockets between their molecules. With growing awareness about energy efficiency and conservation of natural resources, the use of insulation in buildings is increasing. The global Blowing Agents Market is estimated to be valued at US$ 4.90 billion in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Hydrofluoroolefins (HFOs) are increasingly being adopted as blowing agents as they have lower global warming potential than hydrofluorocarbons (HFCs). Many countries have also enacted regulations to phase out the use of HFCs due to their high GWP. For instance, the Kigali amendment to the Montreal Protocol seeks to reduce HFC consumption and production globally. This

  The canned alcoholic beverages market has seen rising popularity in recent years driven by convenience, portability and premiumization trends. Canned beers, hard seltzers, hard ciders and pre-mixed cocktails are outpacing growth in traditional alcoholic drinks. The global canned alcoholic beverages market is estimated to be valued at US$ 7.94 billion in 2024 and is expected to exhibit a CAGR of 14% over the forecast period from 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Competitive Landscape: Major players in the global canned alcoholic beverages market include Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. & J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co. These companies account for a significant share of the market. Market Trends Some of the key trends in the canned alcoholic beverages marke

  The global thermal energy storage market is estimated to be valued at US$5.67 billion in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Introduction to the Market Renewable energy sources such as solar and wind are intermittent in nature, creating challenges in terms of energy supply and demand balance. Thermal energy storage systems help address this issue by storing thermal energy from renewables and other sources for later use. This improves utilization of renewable energy and supports grid decarbonization efforts. Competitive Landscape The global thermal energy storage market is moderately fragmented. Some of the major players operating in this market include BrightSource Energy, Inc., EnergyNest AS., Ice Energy, Baltimore Aircoil Company, Inc., Abengoa Solar, S.A, Burns & McDonnell, Inc., and DC Pro Engineering. Manufacturers are focusing on new product development and

  Super absorbent polymers, also known as hydrogels, are artificially cross-linked polymer networks capable of absorbing and retaining significant amounts of water and aqueous fluids. They help keep consumers dry by absorbing moisture in baby diapers, adult incontinence pads and female hygiene products. With rising middle class segments and disposable incomes in emerging economies like India and China, demand for such personal care products is growing steadily. The global Super absorbent polymers Market is estimated to be valued at US$ 9.2 billion in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2024, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing demand for super absorbent polymers is primarily driven by the rising disposable income of the expanding middle class worldwide which is enabling greater access to personal hygiene products. Baby diapers remain a major end-use industry for superabsorbent polymer p

  Waterproof coatings are widely used for protection of buildings, apartments, infrastructure such as bridges, tunnels and others from damaging effects of water and moisture. They provide long lasting water resistance as well as protect concrete and masonry surfaces from degradation. Increasing construction of residential and commercial infrastructure globally is expected to drive the demand for waterproof coatings. The global Waterproof Coating Market is estimated to be valued at US$ 17.13 billion in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the global  waterproof coating market  is growing construction of green buildings. Green building involves use of processes that are environmentally responsible and resource-efficient throughout a building's life-cycle. Waterproofing plays a crucial role in green buildi

  Geomembranes are synthetic polymeric sheets widely used to control fluid migration in civil and environmental engineering projects. They provide a barrier function and are puncture resistant. These sheets find applications in mining, waste containment and management, water infrastructure, and transportation. Key benefits include durability, chemical resistance, flexibility, and cost-effectiveness. The global geomembrane market is estimated to be valued at US$ 2,215.3 Million in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing construction industry globally has fuelled the demand for geomembranes in various construction applications like landfill capping and lining systems, reservoirs, mining applications. Geomembranes are widely used in mining industry for heap leach pad lining, tailing pond lining. Rapid urbanization and growing infrastructure dev

  Outdoor furniture including seating sets, dining sets, and lounging equipment are used for relaxation and enjoyment in outdoor spaces such as patios, lawns, gardens and decks. These furniture enhance the outdoor spaces and provide comfort similar to indoor spaces. Grills are used for outdoor cooking and come in various fuel types including gas grills and charcoal grills. Rising consumer preference for spending leisure time with family and friends outdoors is driving the demand for these products in the global market. The global Outdoor Furniture and Grill Market is estimated to be valued at US$52.53 billion in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Growing interest of population in outdoor recreation has accelerated the demand for better outdoor spaces and amenities over the past few years. Consumers are actively investing in upgrading their outdoor

  Industrial packaging protects and helps prevent damage of products during transportation and storage. It includes pallets, crates, drums, and IBCs used for bulk transportation of industrial goods. The growing demand for protective and durable packaging from various end-use industries like food, beverages, chemicals, construction, and pharmaceuticals is driving the industrial packaging market. The global Industrial Packaging Market is estimated to be valued at US$ 68,677.9 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Sustainable packaging trends are accelerating the growth of the  industrial packaging market . Manufacturers are increasingly focusing on producing eco-friendly and recyclable packaging materials like paper and corrugated packaging to reduce waste and meet sustainability targets. Government regulations promoting recycling and reuse are al

  Propylene forms an essential starting material for the manufacturing of various synthetic resins and fibers which are extensively used across diverse end-use industries. Propylene is used in the production of polypropylene which finds widespread usage in packaging films, containers, laboratory equipment, consumer products and automobile interiors among others due to attributes such as high chemical resistance, durability and lightweight. With mounting demand for lightweight and durable materials from automotive and construction industries, production of polypropylene is experiencing considerable growth. The global propylene market is estimated to be valued at US$ 175 Billion in 2023 and is expected to exhibit a CAGR of 5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for propylene is witnessing significant rise mainly attributable to growing application of polypropylene in the automotive sector.

  Distributed generation refers to small-scale power generation technology used to produce electricity close to the location where it is used. Distributed generation allows generating and distributing electricity closer to customers and the electrical demand centre. Distributed generation systems provide reliable, sustainable and cost-effective power supply to residential, commercial and industrial customers. They are commonly used in remote areas with unreliable grid connectivity. The global distributed generation market is estimated to be valued at US$ 364.46 billion in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends Increasing investment in renewable energy is considered as one of the key trends fueling the growth of the distributed generation market. Rapid industrialization and urbanization have increased energy demand across developing regions. However, ensu

  Alcoholic beverages play an important social role. Products in this market such as beer, wine, and spirits are consumed during celebrations, social gatherings, and as a recreational activity. The global alcoholic beverages industry offers a variety of options to choose from and caters to the differing tastes of consumers. The global Alcoholic Beverages Market is estimated to be valued at US$ 1,769.41 Bn in 2023 and is expected to exhibit a CAGR of 2.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Expanding middle-class population with higher disposable income in developing countries is one of the key factors driving the growth of the global Alcoholic Beverages Market. This segment can afford to spend more on premium and super-premium brands. According to the World Bank, the global middle class population is expected to reach 5.3 billion people by 2030 from 1.8 billion people in 2009. Rising income leve

  The global On-the-go Breakfast Products market which includes breakfast cereals, breakfast sandwiches, burritos, waffles etc. is growing in popularity due to hectic lifestyles and increasing women workforce joining late. These products are affordable, readily available and easy to consume on-the-go. The global On-the-go Breakfast Products Market is estimated to be valued at US$ 25.7 Bn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising demand for convenient breakfast options is a major trend propelling the growth of the  on-the-go breakfast products market . Today's fast-paced world leaves little time for elaborate home-cooked breakfasts on busy weekdays. On-the-go breakfast products provide a quick and easy solution allowing consumers to eat a balanced meal even when their schedules are packed. The hectic lifestyle has made convenience and portabi

  Advanced energy storage solutions provide efficient energy storage capabilities and serve as an alternative to conventional energy sources. They are deployed in various applications such as grid energy storage, residential energy storage, utility-scale energy storage, and others. Advanced lithium-ion and lead-acid batteries are commonly used advanced energy storage solutions that offer high energy density, long lifetime, and lower maintenance. Their high efficiency in storing energy from renewable sources like solar and wind energy has accelerated their adoption. The global Advanced Energy Storage Market is estimated to be valued at US$ 16.9 Billion in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for reliable and clean energy across the world has been a major driver for the  advanced energy storage market  growth. Various countries an

  Bioethanol has widespread applications as a transportation fuel, both directly as E85 fuel for flex-fuel vehicles and as an emulsifier in gasoline. It is produced from corn, sugarcane, and cellulosic biomass feedstocks through fermentation. Bioethanol offers a cleaner and renewable alternative to fossil fuels and helps reduce greenhouse gas emissions. It is easily blended into gasoline and used as a gasoline extender or oxygenate. The global bioethanol market size is estimated to be valued at US$ 13.7 billion in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The expanding use of bioethanol in transportation fuel emulsions, especially in countries like Brazil, is one of the major trends driving the bioethanol market growth. Brazil is the second largest producer of bioethanol globally and has the largest flex-fuel vehicle fleet that can operate on any blend of

  Anti corrosion coatings are protective coatings applied to metallic surfaces to prevent them from corrosion. They form a protective film that adheres well to the substrate and effectively seals the pores and pinholes of the substrate. Anti corrosion coatings find extensive applications in oil & gas industry, marine, infrastructure and transportation among others. The growing need to protect infrastructure and industrial equipment from corrosion damages is driving the demand for anti corrosion coatings. The global anti corrosion coatings market is estimated to be valued at US$ 29.9 billion in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity The opportunity for infrastructure development and expansion of oil & gas industry presents a lucrative growth prospect for anti corrosion coatings market. Anti corrosion coatings play a vital role in extending the l

  The oilfield stimulation chemicals are essential components used in hydraulic fracturing and matrix acidizing processes to increase or restore oil and gas production wells. The chemicals enhance the permeability of oil and gas wells by creating micro-fractures in the rocks and dissolving carbonate formations. They include gelling agents, breakers, surfactants, biocides, and acids. The global Oilfield Stimulation Chemicals Market is estimated to be valued at US$ 4.27 Bn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing offshore exploration activities are expected to drive the growth of the oilfield stimulation chemicals market over the forecast period. Offshore oilfield operations require advanced stimulation chemicals that can withstand high pressure and temperature. Moreover, deeper offshore reservoirs have low permeability requiring enhanced

  Lithium hydroxide is a key material used in lithium-ion batteries commonly used in electric vehicles and for energy storage applications. It provides higher energy density and longer battery life compared to other battery materials. The global lithium hydroxide market is driven by the increasing adoption of electric vehicles worldwide due to strict emission norms and need for sustainable transportation. The global lithium hydroxide Market is estimated to be valued at US$ 2.13 Billion in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the lithium hydroxide market is rising adoption of electric vehicles. The number of electric vehicles on road is increasing significantly owing to support from government in the form of subsidies and tax exemptions. For instance, according to International Energy Agency, the global stock of electric