Chemical industry is one of the oldest industries within manufacturing. It not only plays a crucial role in meeting the day to day needs of the common man, but also contributes significantly towards industrial and economic growth of a nation. The glo ....see more
The micro injection molding machine market is expected to grow from USD 0.5 billion in 2023 to USD 0.7 billion by 2028, at a CAGR of 9.9% during the forecast period. The key players in this market are Sumitomo Heavy Industries Ltd. (Japan), Engel Austria GmbH (Austria), Nissei Plastic Industrial Co., Ltd. (Japan), Sodick Co., Ltd. (Japan), and Hillenbrand Inc. (US).
The cast elastomer market is expected to grow from USD 1.4 billion in 2023 to USD 1.8 billion by 2028, at a CAGR of 5.0% during the forecast period. The key players in this market are BASF (Germany), Dow (US), Huntsman Corporation (US), Covestro AG (Germany), Lanxess (Germany), Era Polymers (Australia), Mitsui Chemicals, Inc. (Japan), Notedome Ltd. (England), TOSOH Corporation (Japan), Wanhua Chemical Group Co., Ltd. (China).
The refrigerants market is expected to grow from USD 6.3 billion in 2022 to USD 9.0 billion by 2028, at a CAGR of 6.4% during the forecast period. The key players in this market are Arkema S.A. (France), Daikin Industries Ltd. (Japan), Honeywell International Inc. (US), The Chemours Company (US), The Linde Group (Dublin), and Air Liquide (France).
The near infrared absorbing materials market is expected to grow from USD 308 million in 2023 to USD 453 million by 2028, at a CAGR of 7.9% during the forecast period. The key players in this market Sumitomo Metal Mining Co., Ltd. (Japan), Nanophase Technologies Corporation (US), Heraeus Holding (Germany), Keeling & Walker (UK), Edmund Optics (US), Merck (US), 3M (US), (Japan), Resonac Holdings Corporation (Japan), Advanced nano products co ltd (South Korea), Nippon Shokubai Co., Ltd.(Japan).
The polymer blends & alloys market is expected to grow from USD 4.4 billion in 2022 to USD 6.6 billion by 2028, at a CAGR of 6.7% during the forecast period. Prominent companies include Covestro AG (Germany), BASF SE (Germany), Celanese Corporation (US), LG Chemical (South Korea), INEOS Styrolution Group GmbH (Germany), JSR Corporation (Japan), LyondellBasell Industries Holdings B.V. (US), Mitsubishi Engineering-Plastics Corporation (Japan), SABIC (Saudi Arabia), Daicel Corporation (Japan), Asahi Kasei Corporation (Japan), and CHIMEI (Taiwan), among others.
The functional cosmetics market is expected to grow from USD 3.3 billion in 2022 to USD 4.6 billion by 2028, at a CAGR of 5.4% during the forecast period. The key players profiled in the report include BASF SE (Germany), Nouryon (Netherlands), Ashland Inc. (US), Clariant AG (Germany), Evonik Industries AG (Germany), Gattefosse (France), Stepan Company (US), Lucas Meyer Cosmetics (Canada), Croda International Plc (UK), and Air Liquide S.A. (France).
The contact adhesive market is expected to grow from USD 2.8 billion in 2023 to USD 3.5 billion by 2028, at a CAGR of 4.3% during the forecast period. The key players in the contact adhesives market include Henkel AG (Germany), H.B. Fuller (US), Sika AG (Switzerland), Arkema (Bostik SA) (France), 3M (US), Huntsman Corporation (US), Illinois Tool Works Inc. (US), and Pidilite Industries Limited (India).
The construction sealants market is expected to grow from USD 4.7 billion in 2023 to USD 5.7 billion by 2028, at a CAGR of 3.6% during the forecast period. The key players operating in the market are 3M (US), Arkema (France), Sika AG (Switzerland), Henkel AG & Co. KGaA (Germany), and H.B. Fuller (US).
The photocatalytic coatings market is expected to grow from USD 0.9 billion in 2023 to USD 1.4 billion by 2028, at a CAGR of 9.7% during the forecast period. The key players profiled in the Photocatalytic Coatings market report are Mitsubishi Chemical Corporation (Japan), Kon Corporation (US), Saint-Gobain (France), USA Nanocoat (US), and Green Millennium (US).
The alpha olefins market is expected to grow from USD 7.1 billion in 2023 to USD 9.3 billion in 2028, at a CAGR of 5.6% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Alpha Olefins market. These include Royal Dutch Shell (Netherlands), ExxonMobil (US), Dow Chemical Company (Michigan), SABIC (Saudi Arabia), and Evonik Industries (Germany).
The barrier films market is expected to grow from USD 34.1 billion in 2023 to USD 45.1 billion by 2028, at a CAGR of 5.7% during the forecast period. The barrier films market comprises major players such as Berry Global Inc. (US), Amcor Plc (Australia), Sealed Air (US), Toppan Printing Co., Ltd. (Japan), Cosmo Films Ltd. (India), Jindal Poly Films Ltd. (India), Dupont Teijin Films (US) and Uflex Ltd. (India) are covered in the barrier films market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the barrier films market.
The piezoelectric ceramics market is expected to grow from USD 1.4 billion in 2023 to USD 1.8 billion by 2028, at a CAGR of 4.9% during the forecast period. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the piezoelectric ceramics market include KYOCERA Corporation (Japan), CeramTec GmbH (Germany), CTS Corporation (US), Murata Manufacturing Co., Ltd (Japan), TDK Corporation (Japan), Physik Instrumente (PI) GmbH & Co. (Germany), APC International, Ltd (US), L3Harris Technologies, Inc (US), HOERBIGER Motion Control GmbH (Germany), and Piezo Technologies (US).
The compressor rental market is expected to grow from USD 4.4 billion in 2022 to USD 6.2 billion by 2028, at a CAGR of 5.8% during the forecast period. Key players operational in the compressor rental market are Atlas Copco (Sweden), United Rentals, Inc. (US), Ingersoll Rand (US), Caterpillar Inc. (US), Hertz Equipment Rental Corporation (US), Ashtead Group Plc (UK), H&E Equipment Services (US), Loxam Group (France), HSS Hire (UK) are major players in the global compressor rental market. These players focus on acquisition, agreement, investment, joint venture, merger, product launch, expansion, divestment, and partnership to cater to the increasing demand for compressor rental from various industries.
The thermoplastic tapes market is expected to grow from USD 2.7 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 10.5% during the forecast period. The major players in the thermoplastic tapes market are Toray Industries, Inc. (Japan), SABIC (Saudi Arabia), Mitsui Chemicals, Inc. (Japan), Evonik Industries AG (Germany), Hexcel Corporation (US), Teijin Limited (Japan), Arkema (Netherlands), and Solvay (Belgium), BASF SE (US), and SGL Carbon (Germany), among others.
The automotive lead acid batteries market is expected to grow from USD 27.8 billion in 2023 to USD 34.0 billion by 2028, at a CAGR of 4.2% during the forecast period. The major players operating in the automotive lead acid batteries market include Camel Group Co., Ltd. (China), C&D Technologies, Inc. (US), Clarios (US), CSB Energy Technology Co., Ltd. (Taiwan), East Penn Manufacturing Company (US), EnerSys (US), Exide Industries Ltd. (India), Exide Technologies (France), GS Yuasa Corporation (Japan), Koyo Battery Co., Ltd. (Taiwan), Leoch International Technology Limited (China), Mebco (Saudi Arabia), PT. Century Batteries Indonesia (Indonesia), Reem Batteries (Oman), Ritar International Group (China), Robert Bosch GmbH (Germany), Stryten Energy (US), Tai Mao Battery Co., Ltd. (Taiwan), Tianneng (China), and others.
The underwater concrete market is expected to grow from USD 135.7 billion in 2023 to USD 175.8 billion by 2028, at a CAGR of 5.3% during the forecast period. The underwater concrete chemicals market comprises major players such Sika AG (Switzerland), RPM International Inc. (US), Mapei S.P.A (Italy), Buzzi SpA (Italy), Ashland (US), Cemex, S.A.B. de C.V. (Mexico), Conmix (UAE), Rockbond SCP Ltd.(England), Unibeton Ready Mix (UAE), Tarmac (England), Heidelberg Materials (Germany), and others are covered in the underwater concrete market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the underwater concrete market.
The advanced ceramics market is expected to grow from USD 11.2 billion in 2023 to USD 15.1 billion by 2028, at a CAGR of 6.1% during the forecast period. Kyocera Corporation (Japan), Saint-Gobain Ceramic Materials (US), Ceram Tec (US), CoorsTek (US), Morgan Advanced Materials (UK), and 3M (US) are some of the key players in the advanced ceramics market. These players have established a strong foothold in the market by adopting strategies, such as new product launches, expansions, joint ventures, and mergers & acquisitions.
The hot & cold systems market is expected to grow from USD 19.9 billion in 2023 to USD 27.0 billion by 2028, at a CAGR of 6.3% during the forecast period. Acquisitions, expansions, new product launch, and partnerships are the major growth strategies adopted by the key players in the market. The key players in the hot & cold systems market include RWC (US), Orbia (Mexico), Georg Fischer Limited (Switzerland), Geberit (Switzerland), Watts Water Technologies (US), Chevron Phillips Chemical LLC (US), Wienerberger (Austria), Aalberts (Netherlands), Aliaxis (Belgium), Lesso (China), Rehau (Switzerland), Zurn (US), Uponor (Finland), and Silmar Group (Italy), among others.
The sintered steel market is expected to grow from USD 24.4 billion in 2023 to USD 29.5 billion by 2028, at a CAGR of 3.9% during the forecast period. The leading players in the Sintered Steel Market are RUSAL (Russia), Hindalco Industries Ltd. (India), China Hongqiao Group Limited (China), AMCOR Ltd. (Switzerland), GARMCO (Bahrain), Pactiv Evergreen Inc. (US), Hulamin (South Africa), Constantia Flexibles Group GmbH (Austria), Aluflexpack ag (Switzerland), Penny Plate LLC. (US).
The cordierite market is expected to grow from USD 2.5 billion in 2023 to USD 3.2 billion by 2028, at a CAGR of 5.1% during the forecast period. Acquisitions, expansions, and partnerships are the major growth strategies adopted by the key players in the market. The key players in the cordierite market include DENSO Corporation (Japan), Kyocera Corporation (Japan), Corning Inc. (US), TOTO Ltd. (Japan), NGK Insulators (Japan), Vesuvius Plc (UK), Elementis Plc (UK), CoorsTek (US), Unifrax (US), and CeramTec (Germany), among others.
The membrane contactor market is expected to grow from USD 290 million in 2023 to USD 394 million by 2028, at a CAGR of 6.3% during the forecast period. The major players operating in the membrane contactor market include 3M (US), Romfil (Germany), JU.CLA.S Srl (Italy), KH TEC GmbH (Germany), Hangzhou Cobetter Filtration Equipment Co., Ltd. (China), PTI Pacific Pty. Ltd. (Australia), EUROWATER (Denmark), Hydro-Elektrik GmbH (Germany), Compact Membrane Systems (US), Veolia Water Technologies (France), Wuhan Tanal Industrial Co., Ltd. (China), and others.
The composite repair market is expected to grow from USD 18.6 billion in 2023 to USD 34.2 billion by 2028, at a CAGR of 13.0% during the forecast period. Some of the key players in the global composite repair market are such as Lufthansa Technik AG (Germany), Air France KLM E&M (France), and HAECO (U.S.), UpWind Solution (U.S.), Total Wind Group A/S (Denmark), and Technical Wind Services (Scotland), . Citadel Technologies (U.S.), Milliken Infrastructure (U.S.), and T.D. Williamson (U.S.), West Systems (U.S.) and WR composites (U.K.), Fibrwraps (U.S.) and Concrete Repairs Ltd. (U.K.).
The photoresist & photoresist ancillaries market is expected to grow from USD 4.1 billion in 2023 to USD 5.3 billion by 2028, at a CAGR of 5.1% during the forecast period. The photoresist and photoresist ancillaries market comprise of major players such as Tokyo Ohka Kogyo Co., Ltd (Japan), JSR Corporation (Japan), Shin-Etsu Chemical Co., Ltd (Japan), Fujifilm Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), and others. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the photoresist and photoresist ancillaries market.
The high-speed separator (HSS) market is expected to grow from USD 1.1 billion in 2023 to USD 1.5 billion by 2028, at a CAGR of 5.3% during the forecast period. The key players in this market are GEA Group Aktiengesellschaft (Germany), Flottweg SE (Germany), Alfa Laval (Sweden), SPX Flow (US), IHI Rotating Machinery Engineering Co. Ltd. (Japan), tetra Pak (Sweden), Mitsubishi Kakoki Kaisha (Japan), TOMOE Engineering Co. Ltd. (Japan), Pieralisi Maip SP (Italy), Trucent (US).
The natural fiber composites market is expected to grow from USD 328 million for 2023 to USD 424 million by 2028, at a CAGR of 5.3% during the forecast period. The key players in the market include Procotex SA Corporation NV (Belgium), Polyvlies Franz Beyer GMBH & Co. KG (Germany), Tecnaro GmbH (Germany), FlexForm Technologies (US), Meshlin Composites Zrt (Hungary), GreenCore Composites Inc. (Canada), GreenGran B.V. (Netherlands), and Jelu-werk Josef Ehrler GmbH Co & Co. KG (Germany) and others. These manufacturers have been adapting different organic and inorganic developmental strategies over the past five years for their market growth.
The decanters centrifuges market is expected to grow from USD 1.9 billion in 2023 to USD 2.3 billion by 2028, at a CAGR of 4.8% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Decanters Centrifuges Market. These GEA (Germany), Flottweg SE (Germany), Pieralisi (Italy), Alfa Laval (Sweden), ANDRITZ (Austria).
The automotive silicone market is expected to grow from USD 2.4 billion in 2023 to USD 3.4 billion by 2028, at a CAGR of 7.3% during the forecast period. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the automotive silicone market include The Dow Chemical Company (US), Wacker Chemie AG ( Germany), Momentive (US), Shin-Etsu Chemical Co. Ltd. (Japan), Elkem ASA (Norway), Evonik Industries AG (Germany), Gelest Inc.(US), Henkel (Germany), Primasil Silicones (UK), and Slitch Corporation (Canada).
The air separation plant market is expected to grow from USD 5.4 billion in 2023 to USD 6.8 billion by 2028, at a CAGR of 4.6% during the forecast period. The major players operating in the air separation plant market include Linde Plc (UK), Air Liquide SA (France), Air Products and Chemicals, Inc. (US), Taiyo Nippon Sanso Corporation (Japan), Messer Group GmbH (Germany), Daesung Industrial Co., Ltd. (South Korea), Air Water Inc. (Japan), Enerflex Ltd. (Canada), Yingde Gases Group Co., Ltd. (Hong Kong), Inox Air Products Private Limited (India), Hangzhou Hangyang Co., Ltd. (China), Universal Industrial Gases, Inc. (US), Nikkiso Cosmodyne, LLC. (US) and others.
The 3D printing high performance plastic market is expected to grow from USD 123 million in 2023 to USD 362 million by 2028, at a CAGR of 24.0% during the forecast period. Prominent companies in the 3D printing high performance plastics market include Arkema (France), 3D Systems, Inc. (US), Markforged (US), Stratasys (US), Evonik Industries AG (Germany), Oxford Performance Materials, Inc. (US), EOS GmbH (Germany), Solvay (Belgium), SABIC (Saudi Arabia), BASF SE (Germany), Impossible Objects (US), Apium Additive Technologies GmbH (Germany), Ensinger (Germany), Victrex plc (UK), and CRP Technology S.r.l. (Italy).
The packaging adhesives market is expected to grow from USD 15.3 billion in 2022 to USD 18.6 billion by 2028, at a CAGR of 3.2% during the forecast period. Henkel AG (Germany), 3M (US), H.B. Fuller (US), The Dow Chemical Company (US), Arkema S.A. (France), Avery Dennison Corporation (US), Sika AG (Switzerland), Wacker Chemie AG (Germany), DIC Corporation (Japan), DuPont (US), are the key players in thee global packaging adhesives market.
The agricultural textiles market is expected to grow from USD 15.9 billion in 2023 to USD 20.2 billion by 2028, at a CAGR of 4.8% during the forecast period. The key players operating in the market are Beaulieu Technical Textiles (Belgium), Belton industries (US), Hy-Tex (UK) Limited, Diatex SAS (France), and Garware Technical Fibres Limited (India).
The biocompatible coatings market is expected to grow from USD 14.6 billion in 2022 to USD 29.7 billion by 2028, at a CAGR of 12.4% during the forecast period. Major players operating in the global biocompatible coatings market are SurModics, Inc. (US), DSM Biomedical (US), Hydromer Inc. (US), Covalon Technologies Ltd. (Canada), Hemoteq AG (Germany), and Others.
The corrosion protection coatings market is expected to grow from USD 10.4 billion in 2023 to USD 12.4 billion by 2028, at a CAGR of 3.5% during the forecast period. The key players profiled in the Corrosion protection coatings market report are Akzo Nobel NV (Netherlands), PPG Industries, Inc. (US), Jotun A/S (Norway), The Sherwin-Williams Company (US), and Kansai Paint Co., Ltd. (Japan).
The surfactants market is expected to grow from USD 43.5 billion in 2022 to USD 57.8 billion by 2028, at a CAGR of 4.9% during the forecast period. The key players profiled in the report include BASF SE (Germany), Stepan Company (US), Evonik Industries AG (Germany), Dow Inc. (US), Nouryon (Netherlands), and Solvay S.A. (Belgium).
The fire-resistant fabrics market is expected to grow from USD 3.5 billion in 2023 to USD 4.9 billion by 2028, at a CAGR of 6.6% during the forecast period. Major players operating in the fire-resistant fabrics market is DuPont de Nemours, Inc. (US), Teijin Ltd. (Japan), Royal TenCate N.V. (Netherlands), Kaneka Corporation (Japan), PBI Performance Products Inc. (US), Milliken & Company (US), Gun-Ei Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (US), Lenzing AG (Austria), Solvay SA (Belgium), and W.L. Gore & Associates Inc. (US) among others.
The specialty chemicals market is expected to grow from USD 272.6 billion in 2022 to USD 364.8 billion by 2028, at a CAGR of 5.0% during the forecast period. The key players profiled in the report include BASF SE (Germany), DOW Inc. (US), Nouryon (The Netherlands), LANXESS AG (Germany), Evonik Industries AG (Germany), Huntsman Corporation (US), Covestro AG (Germany), Clariant AG (Switzerland), Solvay S.A. (Belgium), and Arkema (France).
The wastewater treatment services market is expected to grow from USD 55.9 billion in 2022 to USD 80.4 billion by 2028, at a CAGR of 6.3% during the forecast period. The key players profiled in the report include Veolia Group (France), Xylem Inc. (US), Suez SA (France), Ecolab Inc. (US), Thermax Limited (India), Pentair (US), WOG Technologies (India), Golder Associates (Canada), and SWA Water Treatment (Australia).
The asphalt additive market is expected to grow from USD 4.0 billion in 2023 to USD 5.8 billion by 2028, at a CAGR of 7.7% during the forecast period. Nouryon (Netherlands), Dow (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Corporation (US), Ingevity Corporation (US), and BASF SE (Germany) are some of the leading players operating in the asphalt additive market.
The bioethanol market is expected to grow from USD 83.4 billion in 2023 to USD 114.7 billion by 2028, at a CAGR of 6.6% during the forecast period. The bioethanol market comprises major players such as POET LLC (US), Archer Daniels Midland Company (US), Green Plains (US) and Valero Energy (US), Pacific Ethanol (US) The Anderson Inc. (US), Flint Hills Resources (US), Tereos (France) and others are covered in the bioethanol market.
The poly lactic acid (PLA) market is expected to grow from USD 1.5 billion in 2023 to USD 3.3 billion by 2028, at a CAGR of 17.1% during the forecast period. New product launches, acquisitions, investments, and expansions are the major growth strategies adopted by the key players in the market. The key global players in the PLA market include NatureWorks LLC (US), TotalEnergies Corbion (Netherlands), BASF SE (Germany), COFCO (China), Futerro (Belgium), Danimer Scientific (US), Toray Industries Inc. (Japan), Evonik Industries (Germany), Mitsubishi Chemical Corporation (Japan), Unitika Ltd. (Japan)
The flooring market is expected to grow from USD 331.9 billion in 2023 to USD 510.7 billion by 2028, at a CAGR of 9.0% during the forecast period. The Flooring Market comprises major players such as Mohawk Industries, Inc. (US), Tarkett (France), Forbo (Switzerland), Shaw Industries Group Inc. (Georgia), Interface, Inc. (US), and others are covered in the Flooring market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Flooring Market.
The battery recycling market is expected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5% during the forecast period. The major players operating in the battery recycling market include ACCUREC Recycling GmbH (Germany), American Battery Technology Company (US), Aqua Metals, Inc. (US), Call2Recycle, Inc. (US), Cirba Solutions (US), Contemporary Amperex Technology Co., Limited (China), East Penn Manufacturing Company (US), Ecobat (US), Element Resources (US), EnerSys (US), Exide Industries Ltd. (India), Fortum (Finland), GEM Co., Ltd. (China), Glencore (Switzerland), Gopher Resource (US), Gravita India Limited (India), Li-Cycle Corp. (Canada), Neometals Ltd. (Australia), Raw Materials Company (Canada), RecycLiCo Battery Materials Inc. (Canada), Redwood Materials Inc. (US), Shenzhen Highpower Technology Co., Ltd. (China), Stena Recycling (Sweden), TES (Singapore), Terrapure (Canada), The Doe Run Company (US), The International Metals Reclamation Company (US), and Umicore (Belgium), and others
The recycled PET market is expected to grow from USD 11.0 billion in 2023 to USD 15.0 billion by 2028, at a CAGR of 6.5% during the forecast period. Indorama Ventures Public Limited (Thailand), Biffa (UK), Far Eastern New Century Corporation (Taiwan), Plastipak Holdings Inc (US), Alpek (Mexico), among others. are the leading recycled PET manufacturers, globally.
The mining & metal filtration market is expected to grow from USD 707 million in 2023 to USD 888 million by 2028, at a CAGR of 4.7% during the forecast period. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the mining & metal filtration market include Clear Edge Filtration Inc, (US), Valmet (Finland), Lydall Inc. (US), Kimberly-Clark Professional (US), Sefar (Switzerland), Khosla Profil Pvt. Ltd. (India), Markert Group Corporation (Germany), Testori Group (Italy), Micronics Engineered Filtration Group, Inc. (US), Finsa (Spain), Arvind Advanced Materials (India), Solaft Filtration Solutions (Australia) and GKD Group (Germany).
The global Flow Chemistry market is expected to grow at a CAGR of 10.4% during the forecast period, from an estimated USD 1.7 billion in 2023 to USD 2.9 billion in 2028. Chemical synthesis is one of the major applications of the flow chemistry market and offers market growth opportunities. The Tabular reactor by reactor segment is experiencing high growth rates in emerging regions such as Asia Pacific and North America.
The water recycle and reuse market is expected to grow from USD 16.1 billion in 2023 to USD 27.0 billion by 2028, at a CAGR of 10.8% during the forecast period. The key players in this market Veolia Water Technologies(France), SUEZ Water Technologies & Solutions (France), Evoqua Water Technologies(US), Fluence Corporation Limited (US), Dow Chemical Company (US), Hitachi Ltd. (Japan), Kubota Corporation (Japan), Siemens Energy (Germany), Alfa Laval (sweden), Melbourne Water (Australia).
The polyvinyl alcohol (PVOH) market is expected to grow from USD 3.7 billion in 2023 to USD USD 5.0 billion by 2028, at a CAGR of 6.1% during the forecast period. The key players in the PVOH market are Kuraray Co Ltd (Japan), Anhui Wanwei Group Co Ltd (China), Chang Chun Petrochemicals Co Ltd (Taiwan), Ningxia Dadi Circular Development Corp Ltd (China), Sinopec Sichuan Vinylon Works (China), Sekisui Specialty Chemicals (Japan), Mitsubishi Chemical Corporation (Japan), Japan Vam and Poval Co Ltd (Japan), Merck Kgaa (Germany), Wacker Chemie AG (Germany), Denka Company Ltd (Japan).
The plate and frame heat exchanger market is expected to grow from USD 5.9 billion in 2023 to USD 8.1 billion by 2028, at a CAGR of 6.5% during the forecast period. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the plate and frame heat exchangers market include Alfa Laval (Sweden), Danfoss (Denmark), Kelvion Holding GmbH (Germany), SPX Flow (US), XYLEM (US), API Heat Transfer (US), H. Guntner (UK) LTD. (England), Boyd Corporation (US), Johnson Controls (Ireland), and Wabtec Corporation (US).
The methanol market is expected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% during the forecast period. Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy Group Company Limited (China), and Zagros Petrochemical Company (ZPC) (Iran) are the leading methanol manufacturers, globally.
The hydrogen storage market is expected to grow from USD 1.5 billion in 2023 to USD 6.3 billion by 2030, at a CAGR of 21.5% during the forecast period. The major players in hydrogen storage market are Air Liquide (France), Worthington Industries, Inc. (US), Luxfer Holdings PLC (UK), Linde plc (Germany), Chart Industries (US), HBank Technologies Inc. (Taiwan), Pragma Industries (France), Croyolor (France), INOXCVA (India), Hexagon Composites ASA (Norway), and others.