The soaring infrastructural development and construction activities in several countries is one of the major factors fueling the demand for structural adhesives across the globe. Structural adhesives are basically defined as the adhesives that are used for bonding joints and are capable of holding multiple substrates together under varying degrees of stress. These adhesives are widely used for repairing various infrastructural applications such as those pertaining to roads, railways, and bridges, mainly because of their high resistance toward temperature, chemical, and weather, and high strength.

Due to the lighter weights, aesthetics, eco-friendliness, and fuel economy of these adhesives, they are being increasingly preferred over the conventionally used fasteners in various automotive and transportation applications. Furthermore, the structural adhesives have a natural watertight barrier, a protective inert barrier between multiple potentially corrosive materials, and the capability to reduce the differential expansion rates. Due to the rising constraints for vehicular weights and the escalating need for higher fuel economy, the usage of structural adhesives is predicted to shoot-up in the transportation industry in the coming years. 

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Apart from the above-mentioned factors, the ballooning usage of these adhesives in the electrical and electronics sector, especially in various electrical systems and devices such as junction boxes, transformers, and transmission towers and in the footwear industry is also causing a sharp spike in the sales of these adhesives around the world. As a result, the global structural adhesives market generated a revenue of $11,677.9 million in 2018 and is expected to attain a value of $15,683.0 million in 2024. The market is also predicted to advance at a CAGR of 5.2% between 2019 and 2024.

The APAC region attained the largest share and fastest growth in the global structural adhesives market during the historical period, and it is expected to maintain the trend during the forecast period as well. This can be mainly attributed to the growth of the construction industry at a faster pace as compared to the historical period, owing to the increase in infrastructural investments. It results increased usage of these adhesives for bonding of plastics, metals, and ceramics in manufacturing, packaging, and automotive applications. Considering the future market scenario, China is expected to lead the APAC market, generating revenue worth $4,267.1 million in 2024. In addition, rapid industrial and infrastructural growth along with renovation projects is expect to incur huge spending in China, bolstering demand for composite materials as these composites are used to bond dissimilar materials.

As per a report by P&S Intelligence, the global plastic recycling market is projected to attain a revenue of $64,139.7 million by 2024, growing from $41,238.8 million in 2018, and is predicted to progress at an 8.6% CAGR during the time period 2019–2024. The market is growing due to the rising pressure to decrease waste dumping, increasing requirement for reprocessed by end-use industries, and surging installation of plastic recycling facilities in European and North American countries.

The Chinese government implemented a blanket ban on the import of 24 types of waste materials, which included non-industrial plastic waste, in December 2017. The move came as something unexpected to the global recycling market, and led to the disruption of the plastic waste exports all across the globe. The mover further lead to the shifting of China-based reprocessing facilities to South Asian countries, including Thailand, Indonesia, Vietnam, India, and Malaysia.

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Historically, Europe sent most of its waste to China for recycling, but with the banning of plastic waste import there, European nations have had to reroute their exports to South Asian countries, which have fairly low reprocessing capacities. As a result, recycling is picking up pace in Europe, with a large chunk of the waste being dumped in landfills and incinerators. In 2018, the European Commission adopted the Plastics Strategy, which is aimed at developing better reprocessing technologies. Further, $270 million (EUR 250 million) has been invested to create plastics with better recyclability. 

Asia-Pacific is currently the largest plastic recycler, due to its high reprocessing capacity, which is itself a result of the high import as well as locally generated volumes of such waste. Additionally, the low labor cost makes manual activities, such as cleaning, collection,and sorting, cost-effective, which is another reason for the high recycling rate of APAC. During the forecast period, the plastic recycling market growth in Europe would be the fastest, as a result of the establishment of more reprocessing plants and strict targets to ensure environment sustainability.

The food & beverages industry has been registering considerable growth over the past few years, which can be owing to the changing lifestyle of people in developing countries, growing penchant for trying new cuisines, rising disposable income of people, introduction of packaged food items, and busier lifestyle of people. The growing need for packaged, ready-to-eat food especially is a key trend in the food & beverages industry. Enhanced packaging solutions are needed for keeping packaged food fresh for a longer time and maintaining its quality, which is why the industry is making use of bioactive packaging films.

This, in turn, is leading to the increasing demand for chitosan, what is utilized for manufacturing bioactive packaging films. Chitosan is utilized in these films because it aids in enhancing the preservation method. As per a study conducted by P&S Intelligence, the global chitosan market is expected to progress at a substantial pace in the years to come. A sugar that is procured from the hard outer skeleton of a shellfish, such as shrimp, lobster, and crab, is referred to as chitosan. It is majorly utilized as for treating different conditions and is also used in the pharmaceutical industry.

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In fact, the growing adoption of chitosan in biomedical and pharmaceutical application is expected to open up wide opportunities for the companies operating in the domain. Chitosan is versatile, non-toxic, and biodegradable, thereby making it highly suitable for applications in the biomedical sector. A number of studies have been conducted and the results show that chitosan has antioxidant and wound healing properties and is also able to kill bulk fungal species that are pathogenic to humans. Furthermore, the nanoparticles of chitosan are used widely in vaccine and drug delivery, where it works as an antimicrobial agent, and is used in tissue engineering.

Geographically, the chitosan market has been categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). The demand for chitosan is expected to witness a rise in the APAC region in the coming years, owing to the increasing investments in the medical sector, particularly in emerging economies, including China, India, and Thailand and other Southeast Asian countries. In addition, with the growing focus on the medical sector in these countries, the market for chitosan holds a significant potential for growth during the coming years.

Acrylates are basically the esters or salts of acrylic acids, which are made from the acrylate monomer, that generally consists of esters containing vinyl groups, which are two carbon atoms double bonded to one another and directly joined to the carbonyl carbon of the ester group. These compounds have a wide array of beneficial traits such as transparency, toughness, super-absorbency, hardness, and flexibility, owing to which, they are extensively used in various applications such as those pertaining to cosmetics, paints and coatings, diapers, orthopedics, textiles, and adhesives.

“One of the major factors propelling the demand for these compounds is the increasing number of infrastructural development projects and construction activities”, on account of the rapid urbanization and growing population levels in several countries around the world. The rapid construction of numerous multi-storey buildings and various refurbishment and renovation works have massively boosted the requirement of acrylate-based paints and coatings throughout the world. This is mainly due to the beneficial characteristics of these coatings such as the presence of almost zero volatile organic compounds (VOCs), stability at high temperature ranges, and high durability.

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“The other major factor responsible for the increasing sales of acrylates is the ballooning requirement of acrylic esters in adhesives and sealants across the world”. Due to these factors, the revenue attained from the worldwide sales of acrylates was $10,949.9 million in 2018 and this number is predicted to rise to $12,593.8 million in 2024. Furthermore, “the global acrylates market will demonstrate a CAGR of 4.9% between 2019 and 2024”, as per the forecasts of the market research firm, P&S Intelligence.

Globally, APAC was the largest acrylates market in 2018, and it is expected to maintain the trend during the forecast period. This can be mainly attributed to the presence of established players, increase in the demand for water-based paints & coatings, and rise in infrastructure development activities, which has spearheaded the demand for acrylates. Considering the future industry scenario, China is expected to lead the region’s market, generating revenue worth $6,805.0 million in 2024.The country’s high-volume downstream product manufacturing capabilities and rising living standards and per capita income would boost the demand for acrylic formulations, which act as the building blocks for thousands of polymer intermediates used in surface coatings, textiles, adhesives, and plastics.

“The usage of chloromethanes as raw materials in the production processes of industrial solvents is a major factor fuelling their demand across the globe”. In addition to this, chloromethanes are extensively used and processed for producing dimethyldichlorosilane and various other types of related organosilicon materials. Furthermore, the burgeoning utilization of dimethyldichlorosilane for producing silicones, which are used in a plethora of applications such as the production of adhesives, lubricants, sealants, electrical and thermal insulation, cooking utensils, and medicines is significantly boosting the demand for chloromethanes all over the world.

Apart from the above-mentioned factor, the soaring utilization of the various derivatives of chloromethanes such as methyltrichlorosilane and trimethylsilyl chloride as solvents in multiple chemical processes is also responsible for the surging requirement of chloromethanes throughout the world. Besides this, chloromethanes are also widely used in the pharmaceutical industry. Moreover, “the rapid expansion of the pharmaceutical industry is causing a huge spike in the demand for these compounds all over the globe”.

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Thus, with the growing adoption of chloromethanes in various chemical processes, “the global chloromethanes market is expected to surge, in value, from $2,675.9 million in 2018 to $3,286.9 million by 2024”. Furthermore, the market research firm, P&S Intelligence expects the market to demonstrate a CAGR of 3.4% from 2019 to 2024. Methylene chloride, methyl chloride, chloroform, and carbon tetrachloride are the most commonly used types of chloromethanes. Amongst these, the usage of methylene chloride was observed to be the highest in the past, because of its extensive utilization in the production of adhesives, flexible polyurethane foam and pharmaceutical products.

Geographically, North America held the largest share in 2019, which is majorly ascribed to the high demand for levulinic acid for the production of the fuel additive n-butyl levulinate, in the region. The demand for the compound is also witnessing strong growth from the personal care and agriculture sectors of the U.S. and Canada; It is widely gaining usage as an additive for environment-friendly herbicides. With the increasing adoption of herbicides with renewable chemicals, the consumption of the compound is expected to further ramp up in the coming times.

Moreover, the depleting fossil fuel reserves and increasing environmental concerns have led to an increased focus on the conversion of biomass into fuels, in the region.

In recent years, technological advancements have paved way for innovative products and growth of various industries. These days industries, such as aerospace, automotive, and medical devices, need materials that are advanced, thereby able to exhibit enhanced features, in order to provide customers with improved products. Owing to this, various industries have now started making use of advanced ceramics, since they are stronger than metals and eco-friendly in nature. These materials further exhibit properties such as chemical inertness, electrical conductivity, physical stability, and extreme resistance to heat. It is because of such properties that advanced ceramics are good alternatives to metals and glass.

As per a report by P&S Intelligence, the global advanced ceramics market is expected to grow at a significant pace in the years to come. These ceramics are produced by making use of highly purified and refined powders, which, in turn, are made synthetically using chemical reactions or high temperatures. After being sintered and formed properly, these powders make products which are strong and have high abrasion resistance. Advanced ceramics are made up of different materials, such as silicon carbide, alumina, zirconia, and titanite, among which, the demand for alumina ceramics is predicted to be the highest in the coming years. 

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This is because of the fact that these ceramics have high thermal conductivity and high heat resistance. In addition to this, alumina ceramics also demonstrate mechanical properties, including hardness and high strength, which is why they are widely being utilized in a number of industries. Furthermore, alumina ceramics are biocompatible and have high electrical insulation, owing to which, their demand is expected to increase in the near future. Advanced ceramics are of different types in terms of class, namely ceramic matrix composites, ceramic coatings, and monolithic ceramics, among which, the demand for monolithic ceramics is projected to grow substantially in the near future.

Some of the major companies operating in the global advanced ceramics market are Kyocera, CeramTec GmbH, Saint-Gobain Ceramics & Plastics Inc., Morgan Advanced Materials plc, Rauschert GmbH, Materion Corporation, H.C. Starck GmbH, CoorsTek Inc., and Corning Incorporated.

The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

The construction industry has been witnessing swift growth since the past few years, especially when it comes to civil construction projects. The plays a crucial role in the global economy and activities pertaining to the industry are important for achieving socioeconomic development goals of providing employment, shelter, and infrastructure. Owing to this, governments of several countries are investing heavily in the development of civil construction projects, including buildings, water reservoirs, bridges, sewer systems, roads, airports, and tunnel. Take for instance Germany, which invested about $129.6 billion for the development of 189 strategic infrastructure projects in 2017.

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Because of all these factors, the demand for polymer concrete across the globe is growing as well. According to a P&S Intelligence report, the global polymer concrete market is projected to attain a revenue of $2,964.0 million by 2023, increasing from $1,975.8 million in 2017, advancing at a 7.1% CAGR during the forecast period (2018–2023). Polymer concrete is a mixture which makes use of types of epoxy binders for curing and hardening into places. It cures via a chemical reaction with the polymer material. Polymer concrete exhibits different kinds of beneficial properties according to the resin that is utilized for making it.

The increasing popularity of ultraviolet (UV)-cured inks across the globe and the flourishing packaging industry are some of the major factors responsible for the growing demand for printing inks across the world. In the packaging industry, printing inks are being increasingly adopted in various applications such as metal cans, flexible materials, and tags and labels. Furthermore, the rising awareness regarding the incorporation of flexible printing products in directories, magazines, catalogs, inserts, and periodicals are significantly boosting the need for printing inks all over the world.

UV-cured printing inks have numerous advantages such as low heat generation, high energy efficiency, zero ozone generation, and long service life, owing to which, they are being increasingly adopted in several sectors throughout the world. Various companies such as Siegwerk Druckfarben AG & Co. KGaA and Flint Group are focusing on the development of environment-friendly and innovative printing ink solutions such as UV-cured and water-based inks in order to ensure shorter production times and optimal efficiency.

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Due to the above-mentioned factors, the global printing inks market is expected to exhibit huge growth in the coming years. Printing inks are extensively adopted in commercial printing, labels and packaging, and publication industries. Amongst these, the labels and packaging industry has been registering the significant usage of printing inks over the last few years. There are different types of printing inks available in the market— lithographic inks, gravure inks, flexographic inks, letterpress inks, and digital inks. Out of these, the utilization of lithographic inks was found to be very high in the past.

Across the globe, India and China are predicted to register huge demand for printing inks in the upcoming years. This is primarily attributed to the rising requirement of printing inks in various industries such as decorative printing, publication and commercial printing, and packaging industries in these countries. On the other hand, the usage of printing inks is expected to rise at a moderate rate in North America in the forthcoming years. In this region, the U.S. is expected to observe the highest sales of printing inks over the coming years.

The large-scale utilization of polypropylene in the packaging industry is one of the major factors fuelling its rising demand all over the globe. According to PlasticsEurope, in 2018, the total plastic production in the world was recorded to be 359 million tons. This is ascribed to the huge requirement of plastics in the building and construction and packaging industries. Furthermore, polypropylene registered the highest demand amongst the different types of plastics because of its high tensile strength and was thus used extensively in hinged caps, snack and sweet wrappers, microwave containers, automotive parts, bank notes, pipes, and food packaging.

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Besides the above-mentioned points, the flourishing non-woven polypropylene fiber industry is also contributing toward the soaring popularity of polypropylene across the world. As per an article posted in the International Fiber Journal, “in 2018, the total usage of non-woven roll goods in the entire world was observed to be 14.9 million tons. Out of this, the share of polypropylene staple fibers was 11%, which was almost 1.0 million tons”. The heavy usage of polypropylene staple fibers was credited to their huge demand from several applications such as needle punch durables, coating substrate, and vehicle components.

Therefore, due to the reasons mentioned in the above paragraphs, the revenue of the global polypropylene market is predicted to rise from $122.7 billion to $226.8 billion from 2019 to 2030. The market is predicted to record a CAGR of 5.7% from 2020 to 2030, as per the estimates of the market research firm, P&S Intelligence. Polypropylene is widely used in packaging, medical, electrical, automotive, consumer goods, and construction industries. Out of these, the packaging industry will generate the highest demand for polypropylene in the upcoming years, mainly because of its increasing utilization in food packaging.

In the future years, the Asia-Pacific (APAC) polypropylene market will exhibit the highest growth. This is primarily attributed to the huge investments being made in research and development (R&D) activities and the increasing measures being taken by the governments of various APAC nations for encouraging the production of sustainable polypropylene packaging. Additionally, the increasing demand for polypropylene from the construction, textile, and automotive industries will tremendously boost the usage of the material in the region in future.

As the prevalence of chronic diseases is growing, the number of surgeries that are being performed is increasing as well. The treatment and management of various chronic diseases needs medical intervention or long-term chronic care therapy. Surgeries are performed by making incisions on the body, which are closed after the procedure by making use of different types of medical adhesives. Moreover, the focus on preventing infections and other safety measures in outpatient facilities, hospitals, and other healthcare settings is growing, which is further leading to the growth of medical adhesives market.

As per a P&S Intelligence report, the global medical adhesives market is predicted to reach a value of $16,367.2 million by 2030, growing from $8,714.9 million in 2019, progressing at a 2.3% CAGR during the forecast period (2020–2030). Medical adhesives are made up of different resin types, including natural, acrylic, polyurethane, cyanoacrylate, epoxy, rubber, and silicone. Out of these, the demand for natural adhesives was the highest in the past, and the high demand for these adhesives is further predicted to drive the medical adhesives market. Natural adhesives are used in all surgical procedures for sealing and binding tissues and for achieving hemostasis.

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In addition to this, these adhesives are also utilized for stopping bleeding during surgical procedures, as they aid the surgeons to achieve hemostasis more efficiently and faster. Natural adhesives have a number of applications, such as circumcision, orthopedic operations, dental extraction and oral surgery, and traumatology. Medical adhesives can be solvent-based, water-based, and hot melt & other solids. Among all these, the demand for water-based medical adhesives is projected to rowing considerably in the coming years, thereby driving the medical adhesives market. This is primarily due to the beneficial properties of these adhesives, including provision of good breathability, quick-tackiness, and good anchorage to cloth face stocks.