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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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.
The lithium metal market is expected to grow from USD 2.5 billion in 2023 to USD 6.4 billion by 2028, at a CAGR of 20.4% during the forecast period. The major players operating in the lithium metal market include Ganfeng Lithium Co., Ltd. (China), Tianqui Lithium Industries Inc. (China), Shenzhen Chengxin Lithium Group Co., Ltd. (China), Albemarle Corporation (US), Livent Corporation (US), Shanghai China Lithium Industrial Co., Ltd. (China), China Energy Lithium Co., Ltd. (China), CNNC Jianzhong Nuclear Fuel Co., Ltd. (China) and others.
The marine lubricants market is expected to grow from USD 6.3 billion in 2022 to USD 6.9 billion by 2028, at a CAGR of 1.5% during the forecast period. The key players profiled in the report include Exxon Mobil Corporation (US), Shell plc (UK), BP p.l.c. (UK), TotalEnergies SE (France), and Chevron Corporation (US).
The isobutyric acid market is expected to grow from USD 180 million in 2023 to USD 269 million by 2028, at a CAGR of 8.3% during the forecast period. The major players operating in the isobutyric acid market include OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Shanghai Aladdin Biochemical Technology Co., Ltd. (China), Afyren (France), Lygos, Inc. (US), Dow Inc. (US), Jiangsu Dynamic Chemical Co., Ltd. (China), Weifang Qiyi Chemical Co., Ltd. (China), Yufeng International Group Co., Ltd. (China), Nanjing Chemical Material Corp. (China), FUJIFILM Wako Pure Chemical Corporation (Japan), Hubei Jusheng Technology Co., Ltd. (China), and others.
The micro injection molded plastic market is expected to grow from USD 1.2 billion in 2023 to USD 2.1 billion by 2028, at a CAGR of 11.4% during the forecast period. The key players profiled in the report include Accumold LLC (US), Paragon Medical (US), SMC Ltd. (US), Spectrum Plastics Group, Inc. (US), Isometric Micro Molding, Inc. (US), Makuta Micro Molding (US), Precikam Inc. (Canada), MTD Micro Molding (US), among others.
The CF & CFRP market is expected to grow from USD 29.7 billion in 2022 to USD 60.3 billion by 2028, at a CAGR of 12.7% during the forecast period. Major manufacturers in this market are based in Asia Pacific and Europe. Toray Industries Inc., (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), Hexcel Corporation (US), Solvay (Belgium), SGL Carbon (Germany), Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Jilin Chemical Fiber Group Co., Ltd. (China) and Jiangsu Hengshen Co., Ltd. (China) are among a few leading players operating in the CF & CFRP market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their presence in the CF & CFRP market further.
The hydrogen tank material market is expected to grow from USD 953 million in 2022 to USD 3,988 million by 2030, at a CAGR of 22.7% during the forecast period. The key players in the market include Worthington Industries, Inc., (US), Luxfer Group (England), Hexagon Composites ASA (Norway), Quantum Fuel Systems LLC (US), Faber Industrie SPA (Italy), Everest Kanto Cylinders Ltd. (India), Avanco Group (Germany), Praxair Technologies, Inc. (US), and others. These manufacturers have been adapting different organic and inorganic developmental strategies over the past five years for their market growth.
The self-healing coatings market is expected to grow from USD 2.4 billion in 2023 to USD 10.4 billion by 2028, at a CAGR of 34.2% during the forecast period. Autonomic Materials, Inc (US), Covestro AG (Germany), AkzoNobel N.V. (The Netherlands), BASF SE (Germany), Feynlab Inc (US), GVD Corporation (US), 3M Company (US), Shawcor Ltd (Canada), Winn & Coales (Denso) Ltd (UK), Revivify Canada, Inc (Canada) are the key players operating in the global market.
The texture paint market is expected to grow from USD 12.5 billion in 2022 to USD 16.2 billion by 2028, at a CAGR of 4.4% during the forecast period. Major players operating in the texture paint include AkzoNobel N.V. (The Netherlands), PPG Industries, Inc (US), The Sherwin-Williams Company (US), Asian Paints Limited (India), Kansai Paint Co., Ltd (Japan), Nippon Paint Holding Co., Ltd (Japan), and others.
The denim finishing agents market is expected to grow from USD 1.4 billion in 2023 to USD 1.9 billion by 2028, at a CAGR of 6.1% during the forecast period. Major players operating in the denim finishing agents market is Archroma (Switzerland), Kemin Industries, Inc. (US), Asutex (Spain), CHT Group (Germany), Pulcra Chemicals GmbH (Germany), Rudolf GmbH (Germany), DyStar Group (Singapore), Novozymes A/S (Denmark), The Seydel Companies, Inc. (US), and Yuken Chemical Co., Ltd. (Japan) among others.
The laminating adhesives market is expected to grow from USD 2.9 billion in 2021 to USD 4.1 billion by 2026, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.The key players profiled in the laminating adhesives market report are Henkel AG (Germany), 3M Company(U.S), Arkema (Bostik), Sika AG (Switzerland).
The coated fabrics market is expected to grow from USD 23.7 billion in 2022 to USD 29.8 billion by 2028, at a CAGR of 3.9% during the forecast period. The key players profiled in the report include Continental AG (Germany), Trelleborg AB (Sweden), Serge Ferrari Group (France), Saint-Gobain S.A. (France), and Freudenberg Group (Germany).
The wood bio-products market is expected to grow from USD 260.0 billion in 2022 to USD 435.9 billion by 2028, at a CAGR of 9.0% during the forecast period. Acquisitions and partnerships are the major growth strategies adopted by the key players in the market. The key players in the wood bio-products market include UPM-Kymmene Corporation (Finland), Stora Enso (Finland), Lixil Group (Japan), West Fraser (Canada), Weyerhaeuser (US), UFP Industries Inc. (US), Canfor (Canada), Sappi (South Africa), Metsä Group (Finland), and JELD-WEN (US) among others.
The hydrazine hydrate market is expected to grow from USD 222 million in 2021 to USD 308 million by 2027, at a CAGR of 5.8% during the forecast period. The key players profiled in the report include Arkema S.A. (France), LANXESS AG (Germany), Lonza Group AG (Switzerland), LGC Science Group Holdings Limited (UK), and Nippon Carbide Industries Co., Inc. (Japan).
The UV stabilizers market is expected to grow from USD 1.3 billion in 2022 to USD 1.8 billion by 2028, at a CAGR of 5.7% during the forecast period. The key players profiled in the report include BASF SE (Germany), Evonik Industries AG (Germany), SONGWON INDUSTRIAL CO. LTD., (South Korea), Clariant AG (Switzerland), Solvay S.A. (Belgium), Unitechem Group (China), and Everlight Chemical Industrial Corporation (Taiwan).
The recycled carbon fiber market is expected to grow from USD 172 million in 2023 to USD 278 million by 2028, at a CAGR of 10.0% during the forecast period. The major players in recycled carbon fiber market are Toray Industries, Inc. (Japan), Alpha Recyclage Composites (France), Mitsubishi Chemical Group (Japan), Gen 2 Carbon Limited (UK), Carbon Conversions, Inc. (US), Carbon Fiber Recycling (US), Shocker Composites, LLC. (US), Procotex (Belgium), Carbon Fiber Remanufacturing (US), and CATACK-H (South Korea).
The global thermal management solutions market is projected to reach USD 6.1 billion by 2028, at a CAGR of 5.9% from USD 4.3 billion in 2022. The thermal management solutions market is dominated by a few major players that have a wide regional presence. The key players in the thermal management solutions market are The Dow Chemical Company (US), Eastman Chemical Company (US), ExxonMobil (US), Chevron (US), Huntsman Corporation (US), Shell PLC (UK), Lanxess (Germany), Clariant AG (Germany), Wacker Chemie (AG), and Dupont (US). In the last few years, the companies have adopted growth strategies such as Product launches, Investments, Acquisitions, and expansions to capture a larger share of the thermal management solutions market.
The architectural coatings market is expected to grow from USD 85.0 billion in 2023 to USD 102.7 billion by 2028, at a CAGR of 3.9% during the forecast period. Major players operating in the architectural coatings include The Sherwin-Williams Company (US), PPG Industries, Inc (US), AkzoNobel N.V. (The Netherlands), BASF Coating GMBH (Germany), Jotun A/s (Norway), Asian Paints Limited (India), Kansai Paint Co., Ltd (Japan), Nippon Paint Holding Co., Ltd (Japan), RPM International, Inc (US), Masco Corporation (US), and others.
The thermal insulation material market is projected to reach USD 96.0 billion in 2028, at a CAGR of 6.0% from USD 71.7 billion in 2023. The key players in this market Saint Gobain SA (France), Kingspan Group (Ireland), Rockwool International A/S (Denmark), Owens Corning (US), Knauf Insulation (US), BASF SE (Germany), Asahi Kasei Corporation (Japan), Recticel (Belgium), GAF Material Corporation (US), Evonik (Germany). Continuous developments in the market including new product launches, mergers & acquisitions, agreements, and expansions are expected to help the market grow. Leading manufacturers of thermal insulation materials have opted for new product launches to sustain their market position.