Poly-Vinyl Chloride Global Market Report 2023 – By Product Type (Rigid PVC, Flexible PVC, Low-smoke PVC, Chlorinated PVC), By Application (Pipes and Fittings, Film and Sheets, Wire and Cables, Bottles, Profiles, Hoses and Tubing, Other Applications), By End User Industry (Building and Construction, Automotive, Electrical and Electronics, Packaging, Footwear, Healthcare, Other End Use Industries) – Market Size, Trends, And Global Forecast 2023-2032

The ethyl alcohol is a clear, colorless liquid made through the hydration of ethylene and basic organic chemicals are substances that contain carbon and hydrogen. The ethyl alcohol is highly flammable and contains pleasant odor and burning taste. The main types of ethyl alcohol and other basic organic chemicals are synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals. Ethyl alcohol is a colorless, volatile, flammable liquid C2H5OH that is the intoxicating agent in liquors and is used as a solvent and in fuel. The grades are food grade, industrial grade, and cosmetics grade. The end-user industries are the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, and other end-user industries. The global ethyl alcohol and other basic organic chemicals market is segmented - 1) By Type: Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals 2) By Grade: Food Grade, Industrial Grade, Cosmetics Grade 3) By End User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries The global ethyl alcohol and other basic organic chemicals market grew from $1199.82 billion in 2022 to $1304.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ethyl alcohol and other basic organic chemicals market is expected to grow to $1773.28 billion in 2027 at a CAGR of 8.0%. Ethyl alcohol or ethanol is being used as a combination with motor fuel in some countries. Ethyl alcohol used for fuel is being blended into gasoline at concentrations of 5% to 10%. Mostly, sugar cane and corn are used to produce ethanol. For example, ethanol has replaced methyl tertiary butyl ether as a gasoline component, and 50% of cars in Brazil are using 100% ethanol as fuel. Ethanol-only engines and flex-fuel engines are also adding to the growth of this market. Furthermore, many state and local governments in emerging markets such as China and India are passing laws for the mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, China announced a nationwide ethanol mandate, which expanded the mandatory use of E10 fuel (gasoline containing 10% ethanol) from 11 trial provinces to the entire country by 2020, thus driving the growth of the ethyl alcohol market. Major companies in the ethyl alcohol and other basic organic chemicals market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, and Atul Limited. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period. This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, US interest rates are expected to rise by up to 3.5% by 2021. These factors are expected to have a negative impact on the ethyl as borrowing money will become expensive, thereby affecting market growth. Chemical companies are increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help to improve operational efficiency in manufacturing facilities. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations. Asia-Pacificwas the largest region in the ethyl alcohol and other basic organic chemicals market in 2022. North America was the second-largest region in the ethyl alcohol and other basic organic chemicals market. The regions covered in the ethyl alcohol and other basic organic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethyl alcohol and other basic organic chemicals market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The ethyl alcohol and other basic organic chemicals market consists of the sales of tall oil and wood distillates, distil coal tars, wood or gum chemicals, naval stores, natural tanning materials, charcoal briquettes, charcoal, cyclic crudes or cyclic intermediates, aromatic petrochemicals, industrial gases, and synthetic organic dyes and pigments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethyl alcohol and other basic organic chemicals market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol and other basic organic chemicals market statistics, including ethyl alcohol and other basic organic chemicals industry global market size, ethyl alcohol and other basic organic chemicals market regional shares, competitors with an ethyl alcohol and other basic organic chemicals market share, detailed ethyl alcohol and other basic organic chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol and other basic organic chemicals industry. This ethyl alcohol and other basic organic chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the ethyl alcohol and other basic organic chemicals industry.

Formaldehyde refers to a colorless pungent irritating gas CH2O is a solution made by oxidizing methanol. Formaldehyde is used as preservatives in food, paints and cosmetics and also to make under-the-hood components and interior molded components that need to withstand high temperatures. The main types of formaldehyde are urea-formaldehyde, phenol-formaldehyde, melamine-formaldehyde, polyoxymethylene, and other types. Urea-formaldehyde refers to a synthetic resin that is made by the process of condensation between urea and formaldehyde that is used mainly for wood-bonding adhesives, colored molded articles, and others. There are various applications for formaldehyde such as resins, fibers, solvents, plasticizers, drying agents, and other chemical intermediates. These are used by various end-users such as in construction furniture, automotive, healthcare, and other end-users. The global formaldehyde market is segmented - 1) By Type: Urea Formaldehyde, Phenol Formaldehyde, Melamine Formaldehyde, Polyoxymethylene, Other Types 2) By Application: Resins, Fibers, Solvents, Plasticizers, Drying Agents, Other Chemical Intermediates 3) By End-User: Construction, Furniture, Automotive, Healthcare, Other End-Users The global formaldehyde market size grew from $19.66 billion in 2022 to $21 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the formaldehyde market is expected to grow to $26.74 billion in 2027 at a CAGR of 6.2%. Growing demand from the construction industry is expected to propel the growth of the formaldehyde market going forward. Construction refers to the process of building, altering, repairing, remodeling, improving, or demolishing any structures. Formaldehyde helps the construction industry in the manufacturing of glues, resins, and other construction materials. For instance, according to Oxford Economics, a UK-based company that provides global economic forecasting, quantitative analysis, and thought leadership for business and government, published in a report Global Construction 2030, the volume of construction output is expected to grow by 85% by 2030. Therefore, the growing demand from the construction industry is driving the growth of the formaldehyde market. Major players in the formaldehyde market are Celanese Corporation, Perstorp Holding AB, BASF SE, Alder S.p.A, Dynea AS, Hexion Inc., Foremark Performance Chemicals, Johnson Matthey, Balaji Formalin Private Limited, Ercros, Capital Resin Corporation, LyondellBasell Industries, Momentive Specialty Chemical Inc and LRBG Chemicals Inc. Advancements in paint technology have emerged as a key trend gaining popularity in the formaldehyde market. Major companies operating in the formaldehyde market are coming up with and using new paint technologies to sustain their position in the market. For instance, in February 2021, Teknos, a Finland-based paint, and coating solution provider operating in the formaldehyde market launched two indoor air purifying paints named BIORA AIR, and BIORA AIR CEILING, which uses the unique technology of aldehyde-binding, in which the paint absorbs and neutralizes aldehydes from indoor air. In May 2022, Bakelite Synthetics, a US-based formaldehyde network operator completed the acquisition of Georgia-Pacific Chemicals for an undisclosed amount. Through this acquisition, Bakelite Synthetics is expecting to give complementary resin and new formaldehyde technology to various end markets and can deliver greater service to their customers and expand their business to other geographic regions. Georgia-Pacific Chemicals LLC is a US-based chemical manufacturer and marketer operating in the formaldehyde market. Asia-Pacific was the largest region in the formaldehyde market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the formaldehyde market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the formaldehyde market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The formaldehyde market consists of sales of molecular formaldehyde, 1,3,5-trioxaneand methanediol. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The formaldehyde market research report is one of a series of new reports from The Business Research Company that provides formaldehyde market statistics, including formaldehyde industry global market size, regional shares, competitors with a formaldehyde market share, detailed formaldehyde market segments, market trends, and opportunities, and any further data you may need to thrive in the formaldehyde industry. This formaldehyde market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The stucco is used as a decorative coating for walls and ceilings, as well as exterior walls. It is a building material composed of aggregates, a binder, and water. Stucco is applied in a liquid state and solidifies to a solid once dry. It is tough, long lasting, and fireproof. It is utilized in architecture as a decorative coating for walls and ceilings, as external walls, and as a sculptural and aesthetic material. The main types of stucco are traditional and insulated. Traditional stucco material are made from cement, lime, and coarse sand. It’s a durable material that has good resistance to the elements. The different base types include concrete, masonry, tile, and others, and involve various materials such as cement, aggregates, admixture, plasticizers, reinforcement, bonding agent, and others. It is employed in residential and non-residential applications. The global stucco market is segmented - 1) By Type: Traditional, Insulated 2) By Base: Concrete, Masonry, Tile, Other Bases 3) By Material: Cement, Aggregates, Admixture, Plasticizers, Reinforcement, Bonding Agent, Other Materials 4) By Application: Residential, Non Residential The global stucco market size grew from $11.96 billion in 2022 to $12.79 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global stucco market is expected to grow to $15.89 billion in 2027 at a CAGR of 5.6%. The rapid growth of smart buildings is expected to propel the growth of the stucco market going forward. A smart building is any structure that uses automated processes to automatically control the building’s operations, which include sensors, actuators, and microchips, to collect data and manage. Stucco technology is widely used in smart building construction because it is so durable, and it is relatively inexpensive. For instance, according to the US Department of Energy report, in October 2021 the US government invested $61 million in the development of smart buildings. This project includes ten connected communities containing more than 7,000 buildings with smart controls, sensors, and analytics to reduce energy use, cost, and emissions. Therefore, the rise of smart buildings and smart cities is driving the growth of the stucco market. Major players in the stucco market are Sika AG, Cemex, BASF SE, Omega Products International, Dryvit Systems Inc., Quikrete, STO Group, California Stucco Products, Western Blended Products, DowDuPont, Senergy, and Simplex. The use of mortar spraying machines is a key trend gaining popularity in the stucco market. Major companies operating in the stucco sector are focused on developing new technological solutions such as stucco spraying machines to strengthen their position. For instance, in 2020, Hunan Gaohua New Materials Technology Co. Ltd., a China-based company that manufactures construction equipment and stucco sprayers, launched its new product, stucco tool mortar cement plastering machine model GH. It is a lightweight machine with a high spraying capacity. The company launched this machine with four modes with a production capacity of 10,000/year. By using this, an even coat of stucco can be applied all over the walls, and can easily do the stuccowork in less time and with a smaller workforce. In September 2022, Clarkwestern Dietrich Building Systems LLC, a US-based manufacturer of accessories, interior and exterior finishing goods, and cold-formed steel framing products, acquired Structa Wire Corp for an undisclosed amount. With this acquisition, Structa Wire's high-performance products enhance Clarkdietrich's current line of solutions for stucco wall applications, providing great value to its customers. Structa Wire Corp is a US-based high-performance welded wire product manufacturer. Asia-Pacific was the largest region in the stucco market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the global stucco market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the stucco market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The stucco market consists of sales of stucco finishes such as dash finish, sand finish and cat face finish. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The stucco market research report is one of a series of new reports from The Business Research Company that provides stucco market statistics, including stucco industry global market size, regional shares, competitors with a stucco market share, detailed stucco market segments, market trends and opportunities, and any further data you may need to thrive in the stucco industry. This stucco market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

1-Decanol is a chain of fatty alcohol that is colorless to light yellow viscous liquid and insoluble in water. 1-Decanol is used in manufacturing plasticizers, lubricants, and surfactants. The main types of 1-Decanol are synthetic and natural. The synthetic 1-Decanol is produced from Ziegler processing in which fatty alcohols from ethylene are produced using an organoaluminium compound. Natural 1-Decanol is produced from plant sources such as citrus oils, apple, coriander, babaco fruit and others. 1-Decanol is used in the manufacturing of plasticizers, lubricants, detergents and cleaners, cosmetics and personal care products, pharmaceuticals, flavors and fragrances, and others. The global 1 decanol market is segmented – 1) By Type: Synthetic, Natural 2) By Application: Plasticizers, Lubricants, Detergents And Cleaners, Cosmetics And Personal Care, Pharmaceuticals, Flavors And Fragrances, Other Applications" The global 1-decanol market size grew from $0.23 billion in 2022 to $0.25 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The global 1-decanol market size is expected to grow to $0.33 billion in 2027 at a CAGR of 7.3%. Increased demand for personal care and household cleaning products due to COVID-19 impact contributed to the growth of the 1-Decanol market during the period. 1-Decanol is used as a raw material in the manufacturing of soaps, detergents, and other home care products, and as an anti-foam agent. In 2020, due to the COVID-19 outbreak, the usage and awareness of personal care and home care products such as soaps, detergents and sanitizers have increased so that the spread of the virus can be reduced. According to the World Health Organization, to prevent the infection one should always wash hands regularly with soap and water or clean hands with an alcohol-based hand rub. The increase in usage of personal care products including soap and sanitizers increased the demand for 1-decanol, thereby driving the growth of 1-decanol market. Major players in the 1-Decanol market are Kuala Lumpur Kepong Berhad (KLK Oleo), Sasol, Musim Mas Holdings, Emery Oleochemicals, BASF SE, Ecogreen Oleochemicals, P&G Chemicals, Berg + Schmidt, Cremer Oleo GmbH, Global Green Chemicals Public, New Japan Chemical, Central Drug House, Chemical Bull, Parchem fine & specialty chemicals, Santa Cruz Biotechnology, Spectrum Chemical Manufacturing, and Thermo Fisher Scientific. The fluctuating raw material prices are expected to limit the growth of the 1-Decanol market. 1-Decanol is produced through synthetic and natural methods. In the synthetic method, the petroleum-derived feedstock is the main source and in the natural method, palm, palm kernel, and coconut oil. In the synthetic process, the price of petroleum always depends on the crude oil price per barrel which is volatile and unpredictable. For instance, in January 2020, the price of crude oil per barrel was around $52.28 and the price in December 2020 was around $48.71. Therefore, fluctuating raw material prices have a negative impact on the 1-Decanol market. Asia-Pacific was the largest region in the 1-Decanol market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global 1-Decanol market. The regions covered in the 1-Decanol market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 1-Decanol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 1-Decanol market consists of sales of 1-Decanol sources including citrus oils and wines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The 1-Decanol market research report is one of a series of new reports from The Business Research Company that provides 1-Decanol market statistics, including 1-Decanol industry global market size, regional shares, competitors with a 1-Decanol market share, detailed 1-Decanol market segments, market trends and opportunities, and any further data you may need to thrive in the 1-Decanol industry. This 1-Decanol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Chemical compounds are substances that are produced based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. Chemicals have characteristics such as flammability, toxicity, acidity, reactivity, and heat of combustion. The main types of chemicals are general chemical products, printing inks, toiletries, soap and cleaning compounds, adhesives, paints and coatings, pesticide and other types of agricultural chemicals, chemical fertilizers, synthetic rubber and fibers, plastic material and resins, ethyl alcohol, and other basic types of organic chemical, and other types of basic inorganic chemical, synthetic dye, and pigment, industrial gas, and petrochemicals. Printing ink is ink used in printing and contains a pigment or pigments of the required color mixed with oil or varnish. The types of intermediate chemicals are methanol, ethylene oxide, and propylene oxide. The end-users involved are pharmaceuticals, agrochemicals, water treatment, construction, paints and dyes, oil and gas, rubber chemicals, surfactants, personal care, and other end-users. The global chemicals market is segmented - 1) By Type: General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals 2) By Type of Intermediate Chemicals: Methanol, Ethylene Oxide, Propylene Oxide 3) By End User: Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil & Gas, Rubber Chemicals, Surfactants, Personal Care, Other End-Users Subsegments Covered: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks, Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations, Soap and Other Detergents, Surface Active Agents, Polish and Other Sanitation Goods, Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives, Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings, Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals, Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer, Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers, Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins, Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals Synthetic Dye, Synthetic Pigments, Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas, Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals. The global chemicals market size will grow from $4700.13 billion in 2022 to $5079.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of chemicals is expected to grow to $6851.59 billion in 2027 at a CAGR of 7.8%. Interest rates were low in most developed countries during this period. This positively impacted the growth of the chemicals market. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. These low-interest rates encouraged borrowing and increased the flow of money for investment. This allowed chemical companies to borrow money for process improvements, thus driving the market during the historic period. Major companies in the chemicals market include JXTG Holdings Inc., Sinopec Limited, BASF SE, Procter & Gamble, Unilever plc, L'Oreal SA, Dow Inc., Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Holdings Corp, and Guardian Industries, LLC. Rising costs had a negative impact on the growth of the industrial gas market during the forecast period. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Chemical companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enables chemical companies to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products, and other substances. For instance, Akzo Nobel N.V., a chemicals and coatings giant, is planning to make a seven-figure investment in Green Lizard Technologies’ patented process to make surfactants from plants rather than from oils. Asia-Pacific was the largest region in the chemicals market in 2022. North America was the second-largest region in the chemicals market share. The regions covered in the chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemicals market report are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemicals market consists of the sales of petrochemicals, industrial gas, ethyl alcohol, organic chemicals and inorganic chemicals, resins, synthetic rubber, and artificial and synthetic fibers and filaments, pesticides, fertilizers, and other agricultural chemicals. The chemicals industry establishments produce a variety of chemical products by processing raw materials such as air, water, natural gas, oil, metals and minerals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The chemicals market research report is one of a series of new reports from The Business Research Company that provides chemicals market statistics, including chemicals industry global market size, regional shares, competitors with a chemicals market share, detailed chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the chemicals industry. This chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plastics and rubber products refer to any substance that is a component of one of the many semi- or synthetic solids used in the production of various goods, as well as any elastic substance made from the latex sap of trees-particularly those in the genus Hevea and genus Ficus—that can be vulcanized and finished into a range of goods. The main types of plastics and rubber products are rubber products and plastic products. Plastics are a broad category of synthetic or semi-synthetic compounds made primarily of polymers. Plastics can be shaped, stretched, or compressed into solid objects of diverse shapes due to their fluidity. The different sectors include automotive and transportation, electrical and electronics, medical, construction, and others. The global plastics and rubber products market is segmented - 1) By Type: Rubber Products, Plastic Products 2) By End-User Industry: Automotive & Transportation, Electrical & Electronics, Medical, Construction, Other End Users Subsegments Covered: Tire, Hoses And Belting, Other Rubber Product, Plastics Packaging Materials And Unlaminated Film And Sheet, Plastic Pipes And Shapes, Laminated Plastics Plate, Sheet, And Shape, Plastics Bottle, Urethane And Other Foam Product, Polystyrene Foam Products, Other Plastics Product The global plastics and rubber products market size will grow from $1365.01 billion in 2022 to $1466.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of plastics and rubber products is expected to grow to $1899.33 billion in 2027 at a CAGR of 6.7%. New Developments In Packaging - The plastics and rubber products manufacturing industry is affected by the growth of the packaging industry. There are a number of new developments in the packaging industry that will drive the demand for plastic materials. Convenience features, such as resealable packs, easy-to-open stand-up pouches and smaller pack sizes for single-servings are being introduced and more promotional packs and brand extensions are being developed to ensure customer loyalty. These developments in packaging will increase the consumption of plastics and rubber and are driving the market. Major companies in the plastics and rubber products market include The Michelin Group, Bridgestone Corporation, Continental AG, Amcor Limited, Good Year Tire & Rubber Company, Sumitomo Rubber Group, Berry Global Group Inc., The Hankook Tire group, Pirelli & C SpA and Avery dennison. Corona virus Pandemic - The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the plastics and rubber products manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the plastics and rubber products manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers in the plastic and rubber products industry are investing in automation technologies to reduce production costs, improve productivity and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, and better product quality at lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15-30% in productivity after installing robotic automation systems. Around 180,000 machines are employed in the plastic manufacturing industry in 2021, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd. Asia-Pacific was the largest region in the plastics and rubber products market in 2022. North America was the second largest region in the plastics and rubber products market share. The regions covered in the plastics and rubber products market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plastics and rubber products market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The plastics and rubber products market consists of sales of polymerproducts, elastic products, and flexible products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plastics and rubber products market research report is one of a series of new reports from The Business Research Company that provides plastics and rubber products market statistics, including plastics and rubber products industry, global plastics and rubber products market size, regional shares, competitors with a plastics and rubber products market share, detailed plastics and rubber products market segments, plastics and rubber products market trends and opportunities, and any further data you may need to thrive in the plastics and rubber products industry. This plastics and rubber products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The plastic materials are synthetically made final products from polymers and resin is an unprocessed plastic derived from plant oozes. These include nonvulcanizable thermoplastic elastomers, and customized as well as non-customized synthetic resins. The main types of plastic materials and resins are polypropylene-plastic material and resins, high-density polyethylene, polyvinyl chloride, polyethylene terephthalate, polyurethane, low-density polyethylene, polystyrene-plastic material and resins, and other types of plastic material and resins. Polyvinyl chloride is a thermoplastic made of 57% chlorine derived from common salt and 43% carbon derived from ethylene from hydrocarbon feedstocks, sugar crops, crude oil, and natural gas. The applications involved are packaging, housewares, bags, sheets, bottles, fibers, tapes, films, medical materials, and other applications. The end-user industries include the chemical industry, the coating and printing industry, the electronics industry, the food and pharmaceutical industry, and other end-user industries. The global plastic materials and resins market is segmented - 1) By Type: Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins 2) By Application: Packaging, Housewares, Bags, sheets, Bottles, Fibers, Tapes, Films, Medical Materials, Other Applications 3) By End User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries The global plastic materials and resins market grew from $800.9 billion in 2022 to $885.95 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plastic materials and resins market is expected to grow to $1301.4 billion in 2027 at a CAGR of 10.1%. New developments in the packaging industry, such as CO2RE foaming technology, big data, and IoT integration, are expected to drive the market going forward. Convenience features, such as resealable packs, easy-opening, stand-up pouches, and smaller pack sizes for single-servings, are being introduced, and more promotional packs and brand extensions are being developed to ensure customer loyalty. Similarly, the recent development of biodegradable plastics, which degrade naturally from the actions of microorganisms such as bacteria, algae, and fungi, is gaining traction. These developments in packaging will increase the consumption of plastics, which will drive the market's growth. Major companies in the plastic materials and resins market include Dow Inc., Sinopec Limited, LyondellBasell Industries Holdings BV, Whitehead Institute for Biomedical Research, BASF SE, INEOS AG, DuPont Inc., Alpek SA.B. de C.V, Alfa SA.B. de C.V, and Exxon Mobil. Oil price volatility is likely to have a negative impact on the plastic materials and resins market as a significant decline and increase in oil prices negatively impact government and consumer spending. The decline in oil prices is having a negative impact on government spending in countries such as Saudi Arabia, Nigeria, and the UAE (United Arab Emirates), which are largely dependent on revenues generated through crude oil exports, whereas a significant increase in oil prices has resulted in a spurt in inflation, current account deficit, and fiscal deficit in countries such as India and China, which predominantly import oil. For instance, the Saudi government is expected to cut down its spending from 1.05 trillion riyals ($280 billion) in 2019 to 1.02 trillion riyals ($270 billion) in 2020 and to 955 billion riyals ($255 billion) by 2022 due to a significant decline in revenues generated from oil exports, thereby affecting the market. This high volatility in the oil process is further expected to negatively impact the market going forward. The search for new characteristics for plastic materials and innovations in the manufacturing process have led to the development of various high-performance plastics. For example, smart polymers are materials that can change based on external environmental stimuli. A product that is a result of a combination of nanotechnology and plastic engineering. These products have high electrical conductivity, dimensional stability, and are also flame retardant, along with resistance to scratches, dents, and heat. These new high-performance plastics have gained rapid acceptance and find their applications in the medical, electronics, food packaging, automotive, and aerospace sectors. For instance, some of the major developments in plastic materials include plastics from potatoes and virgin PET from discarded textile fabric and waste bottles. Asia-Pacific was the largest region in the plastic materials and resins market in 2022. North Americawas the second-largest region in the plastic materials and resins market. The regions covered in the plastic materials and resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the plastic materials and resins market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The plastic materials and resins market consists of the sales of ryton & kynar, acrylic or polymethyl methacrylate, polycarbonate, and acrylonitrile-butadiene-styrene plastic materials and resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plastic materials and resins market research report is one of a series of new reports from The Business Research Company that provides plastic materials and resins market statistics, including plastic materials and resins industry global market size, plastic materials and resins market regional shares, competitors with a plastic materials and resins market share, detailed plastic materials and resins market segments, market trends and opportunities, and any further data you may need to thrive in the plastic materials and resins industry. This plastic materials and resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the plastic materials and resins industry.

Rubber additives refer to an elastic material created by coagulating the milky juice of any of several tropical plants. It is essentially an isoprene polymer that is made as sheets and subsequently dried. Rubber additives are used to improve the completed system's performance or to help in the system's processing. The main types of rubber additives are activators, accelerators, vulcanization inhibitors, plasticizers, and other types. Activators refer to inorganic and organic chemicals that are employed to start an accelerator's action. These are applicable to tires and non-tires and are used by the automotive, consumer goods, building and construction, and electrical insulation industries. The global rubber additives market is segmented - 1) By Type: Activators, Accelerators, Vulcanization Inhibitors, Plasticizers, Other Types 2) By Application: Tire, Non-Tire 3) By End Use: Automotive, Consumer Goods, Building and Construction, Electrical Insulation The global rubber additives market size grew from $5.15 billion in 2022 to $5.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global rubber additives is expected to grow to $7.58 billion in 2027 at a CAGR of 7.9%. Increasing demand for high-performance rubber is expected to propel the growth of the rubber additives market going forward. High-performance rubber refers to the material's capacity to tolerate rather harsh environmental conditions such as heat, chemicals, and solvents. High-performance natural rubber composites using a carbon nanotube-modified natural fiber reinforcing structure For instance, in April 2022, according to a report shared by the Association of Natural Rubber Producing Countries (ANRPC), a Malaysian-based inter-governmental organization, the natural rubber (NR) market is predicted to improve further in terms of consumption. Inn 2022, the global output was 1.113 million tons, up 3.8% from the same month in 2021, but global consumption increased at a faster rate of 5.8% to 1.206 million tons. Therefore, the increasing demand for high-performance rubber is driving the growth of the rubber additives market Major players in the rubber additives market are Lanxess AG, Solvay SA, Akzo Nobel N.V., BASF SE, Arkema S.A., Sinopec, Eastman Chemical Company, Emery Oleochemicals LLC, Behn Meyer Group, R.T. Vanderbilt Holding Company Inc., Behn Meyer Group, Prisma Rubber Additives Ltd., Kraton Corporation, Performance Additives, and Peter Greven GmbH & Co. KG Product innovations are a key trend gaining popularity in the rubber additives market. Major companies operating in the rubber additives market are focused on developing new product innovations to strengthen their position. For instance, in December 2020, BASF, a Germany-based rubber additives manufacturer, launched Licity 2680. It is a general-purpose, long-lasting anode binder solution customized for improved performance in lithium-ion cells. This solution was developed such that it enables balanced characteristics, high colloidal stability, excellent compatibility with co-binders such as CMC, and excellent processability. This would allow an increased number of charge/discharge cycles while preventing electrode swelling. In August 2021, Lanxess AG, a Germany-based specialty chemicals company, acquired Emerald Kalama chemicals for an amount of $425 million. Lanxess's dominant position in the preservatives industry is strengthened by this acquisition, and the new products will be used in high-growth applications such as food and beverage, detergents, fabric softeners, cosmetics, and personal care items. Emerald Kalama Chemical BV is a Netherlands-based company and manufacturer of rubber additives. Asia-Pacific was the largest region in the rubber additives market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this rubber additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the rubber additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The rubber additives market consists of sales of rubber additives such as fillers and curing agents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The rubber additives market research report is one of a series of new reports from The Business Research Company that provides rubber additives market statistics, including global market size, regional shares, competitors with a rubber additives market share, detailed rubber additives market segments, market trends and opportunities, and any further data you may need to thrive in the rubber additives industry. This rubber additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.