The food and beverage industry is growing at a rapid pace across the globe, mostly because of the changing habits of people. As the work pressure is increasing, people everywhere are looking for options that may provide them with instant solutions to their food-related problems. Owing to this, the demand for ready-to-eat and packaged food items has risen considerably. In addition to this, an increasing number of people these days are eating meat, which is why, the cold storage sector has also been expanding. All these factors are leading to the rising need for innovating packaging solutions for packaging consumer products, including meat, milk, and fruits.

Industries these days are widely making use of styrene for the packaging of products, as the plastic is impact-resistant, economical, and versatile. Other than this, styrene is also utilized in a number of other applications, owing to its properties. The material occurs naturally in some vegetables, fruits, nuts, beverages, and meats. Styrene is derived from benzene and is utilized for making polystyrene. It is due to these factors that the global styrene market is expected to progress at a significant pace in the years to come.

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The material is further used for the production of resins, plastics, and elastomers, including styrene-acrylonitrile, acrylonitrile-butadiene styrene, styrene-butadiene rubber, and styrene-butadiene elastomers. Among all the applications of styrene, a significant demand for the material is expected to be created for the polystyrene application in the years to come. This is because of the surging demand for polystyrene for different applications, such as automotive body parts, home appliances, food packaging, and insulation. Furthermore, the rapid expansion of the end-use industries in developing countries, including Thailand, China, Brazil, and India, is also driving the demand for polystyrene, and ,in turn, of styrene.

Geographically, Asia-Pacific is projected to emerge as a major styrene market in the years to come, which can be ascribed to the swift industrialization and growth of the construction, textile, and automotive industries. The industries are creating demand for styrene for industrial applications. Other than this, the demand for styrene is also expected to rise considerably in Europe and North America in the near future, owing to the rising adoption of expanded polystyrene (EPS) in construction and automotive industries. EPS finds applications in heavy and high-value product packaging, packaging of food products, and insulation panels for buildings. Furthermore, the rising number of construction and renovation activities are also creating high demand for styrene in these regions.

In conclusion, the demand for styrene is growing due to the expansion of the food and beverages and other end-use industries across the globe.

 Aquaponics involves the integration of aquaculture and hydroponics, which includes the conversion of fish wastes into plant fertilizers and the use of these nutrients by the plants which purifies the water and makes it suitable for fish farming. This farming system offers numerous environmental benefits such as considerably lesser consumption of water than that required in the traditional soil-based farming and the negligible usage of toxic fertilizers and pesticides. In addition to these benefits, this system provides the provision of fodder for the animals. 

Some of the major factors fueling the demand for these farming methods are the shortage of phosphorous and freshwater reserves and the burgeoning requirement for sustainable food production techniques. Additionally, the rising concerns being raised over the environmental damage caused due to the utilization of toxic chemicals and pesticides in the conventional farming methods are boosting the need for aquaponic systems as these systems don’t require much water and fertilizers. Moreover, these systems recycle the nutrients in a closed-loop manner, which, in turn, results in water conservation.

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Apart from being extremely eco-friendly, the aquaponics systems also cause faster plant growth as compared to the traditional farming methods. This is because of the easily availability of water from the nearby fish tank. Furthermore, these systems don’t need fertile soil or any farmlands for crop cultivation and can be easily adopted in regions having gravel, rocky, or sand surfaces. In addition to this, these agricultural systems produce healthier and organic yields, on account of the negligible usage of chemical pesticides and fertilizers in these methods.

 The growing demand for food items is a major factor responsible for the surging sales of agricultural adjuvants around the world. The rising global population is pushing up the demand for food products, which is, in turn, fueling the sales of these adjuvants across the world. “According to the Population Division of the United Nations Department of Economic and Social Affairs (UNDESA), the global population was 7.6 billion in 2017, and it is expected to reach nearly 9.8 billion by 2050, growing by 30.9% in the next 33 years”.

Because of the mushrooming global population, the farming of crash crops, horticulture crops, and food crops will increase sharply in the upcoming years, thereby boosting the need for agricultural adjuvants. In addition to this, the growing requirement for higher agricultural yield and productivity of farmlands is causing the farmers to adopt various agrochemicals such as pesticides, insecticides, and herbicides and adjuvants in the farming processes. Moreover, the soaring investments being made in the agriculture sector in several countries are positively impacting the global sales of agricultural adjuvants.

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Hence, with the increasing usage of these products in agricultural processes, the revenue of the global agricultural adjuvants market will rise from $3,106.7 million to $5,485.1 million from 2019 to 2030. Further, the market is predicted to exhibit a CAGR of 5.5% from 2020 to 2030. Sulfonates, alkoxylates, and organosilicones are the most widely used types of chemicals in agricultural adjuvants, out of which, the usage of the alkoxylates-based adjuvants was found to be the highest in the past and this trend will also continue during the coming years. This is mainly credited to their non-toxic nature.

Globally, the North American agricultural adjuvants market is predicted to demonstrate the highest growth, in terms of value, during the upcoming years. This is ascribed to the existence of numerous prominent agricultural adjuvants producing companies such as Clariant AG, Wilbur-Ellis Holdings Inc., Croda International PLC, Stepan Company, and Brandt Consolidated Inc. in the region. In addition to this, the absence of regulations pertaining to the usage of agricultural adjuvants is significantly boosting the adoption of these products in the agriculture sector in the region.

According to a study conducted by P&S Intelligence, the global magnesium stearate market is projected to reach a value of $2,637.6 million by 2030, increasing from $1,492.3 million in 2019, advancing at a 5.3% CAGR during the forecast period (2020–2030). The market is growing due to the swift expansion of the pharmaceuticals industry in Asia-Pacific and the rising consumption of magnesium stearate in the personal care industry. In terms of form, the market is divided into flakes and powder, between which, the powder division held the larger share of the market in 2019. 

The demand for powdered magnesium stearate is high in the pharmaceuticals industry, which can be ascribed to its growing utilization as an ideal release agent during the drug manufacturing process. This compound prevents the sticking of tablets to the manufacturing equipment and thus, makes the production process time-saving and efficient. Furthermore, the use of powdered magnesium stearate is also growing in cosmetic products, including foundations, pressed powders, and eye shadow, since it has the ability to function as an anti-caking agent. 

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A major trend being observed in the magnesium stearate market is the rising demand for this compound in the food & beverages industry. The consumption of magnesium stearate has been increasing in the food & beverages industry since the past few years because of the growing awareness regarding its beneficial properties as a food additive. Owing to this, magnesium stearate is being utilized as a food additive for a number of products, including granulated mints, chewing gums, and confectionery items, and food supplements. 

Geographically, APAC held the largest market share in 2019, on account of a significant rise in the consumption of the compound, majorly in the pharmaceuticals, food & beverages, plastics, and personal care industries. Chemical manufacturers present in the region are putting an immense focus on facility expansions, in order to meet the high-volume demand from the end-use industries in the region. Additionally, the rising prevalence of several diseases is increasing the consumption of prescribed medicated tablets and capsules.

In order to meet the increasing demand for such drugs, the consumption of the compound is witnessing a rise in the APAC region, and the trend is likely to continue in the coming years, in turn, boosting the magnesium stearate market.

As per a study conducted by P&S Intelligence, the global organic fertilizers market generated a revenue of $4,512.1 million by 2019, and is predicted to reach a value of $14,746.2 million by 2030, exhibiting a 14.1% CAGR during the forecast period (2020–2030). The market has been registering growth due to the increasing downstream requirement for organic food and beverages, rising acreage and number of organic farm lands, and favorable government initiatives and policies regarding organic farming.

On the basis of crop type, the organic fertilizers market is divided into fruits & vegetable, cereals & grains, and oilseeds & pulses. Out of these, the cereals and grains category contributed the largest revenue share of more than 60.0% to the market in 2019. A considerable amount of organic farm area, i.e. about 4.8 million hectares, was used for the production of grains and cereals in 2019. Furthermore, the non-toxic and environmentally sustainable attributes of organically farmed lands are leading to the growing demand for organic fertilizers for the production of grains and cereals. 

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Geographically, the European region dominated the organic fertilizers market during the historical period (2015–2019), which can be owing to the fact that the region has the largest tract of organic arable lands around the globe and has been registering a rise in the organic cultivation in various countries, such as Italy, Spain, France, and Germany. Furthermore, the high per capita expenditure, downstream retail requirement for organic products, introduction and ratification of policies and legislations, and the organized supply chain for various processes are driving the growth of the market in the region.

A major reason for the growth of the market is the rising number and acreage of organic farmlands across the globe. This is because of the growing investments by private and public players in the organic food supply chain and increasing requirement for organic food, owing to their health benefits. In addition to this, the emphasis on organic farming has been growing rapidly since the past few years, as government initiatives and policies and participatory guarantee systems are compelling farmers to opt for organic farming.

One of the major components that are used in chemicals industries are different types of solvents. These solvents are essential for various processes in chemical industries; however, their chemical composition often cause health related problems, cost issues, and safety issues. Furthermore, a number of policies are being implemented by governments of several countries these days, mandating the use of solvents that does not cause harm to human health or are non-toxic in nature. These factors are compelling manufacturers to come up with alternate solutions that don’t have negative impacts on the environment.

One of such solutions is the emergence of green solvents, which are biosolvents derived from processing agricultural crops. Most of the traditional solvents that are utilized in industries are based on petrochemicals and emit volatile organic compound (VOC) on usage, thereby negatively impacting the environment. Green solvents, on the other hand, are not derived from petrochemicals and hence are a more environment-friendly solution. The increased usage of green solvents instead of traditional petrochemical solvents can aid in reducing pollution, usage of energy, and decreasing carbon footprints. Owing to such advantages, the global green solvents market is predicted to advance at a substantial pace in the years to come, according to a report by P&S Intelligence.

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This is primarily due to the surging concerns over the environment and growing demand for eco-friendly products by consumers. In addition to all this, companies are increasingly focusing towards the development of zero or low-VOC products, which is further expected to drive the demand for green solvents in the coming years. Geographically, North America is predicted to emerge as a major green solvents market in the near future, owing to strict government regulations in regard to emission levels and increasing government funding for environmental-friendly chemicals. Moreover, the presence of a large number of companies that need solvents for producing end-use products is also driving the market.

In conclusion, the demand for green solvents is expected to rise due to the need for reducing pollution and harmful emission of chemicals and strict government regulations mandating the use of safe chemicals.

The major reasons behind the growth of the ethanolamines market are the increasing usage of agrochemicals and rising demand for surfactants. This is why the revenue generated by the sale of these chemical compounds will increase from $2,933.5 million in 2019 at a 5.0% CAGR during 2020–2030, to $5,079.0 Million by 2030. It is a derivative of ethane, which works as an amine (containing the NH₂ functional group) as well as an alcohol (containing the functional group OH).

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The growing demand for surfactants is a major factor driving the demand for ethanolamines. The emulsifying agents and surfactants used in the production of shampoos, laundry detergents, and soaps are often made from ethanolamines. With an increase in the disposable income of people living in developing countries, as a result of economic growth, the demand for such personal care product is rising, which is leading to a surging consumption of the chemical compounds.

Another major reason the ethanolamines market is progressing is the growing adoption of agrochemicals. Glyphosate, which is popular among the agrarian community for its herbicidal properties, is made from DEA. Across the world, especially in Asia-Pacific (APAC), Middle East and Africa (MEA), and North America, the population is booming at a significant rate. This is leading to an increasing demand for agricultural produce, including cereals, grains, fruits, vegetables, pulses, and legumes, as well as the important cash crops. In order to fulfil these demands, farmers in these regions are increasingly using glyphosate, as a herbicide.

Globally, APAC held the largest share in the ethanolamines market in 2019, and the trend is likely to continue during the forecast period. This is majorly attributed to the high-volume consumption of the compound in China. In 2019, the country imported nearly a quarter of its requirement, amounting to 168.4 kilotons, primarily from manufacturers in Thailand and Saudi Arabia.

The rapid industrialization and increasing construction activities in the Eastern European and Asia-Pacific (APAC) countries are some of the major factors fueling the demand for alumina across the world. The swift economic growth of these countries is primarily responsible for the sharp surge in construction activities and infrastructural development projects. Moreover, the growth of the construction industry has boosted the demand for various high-quality products such as cement, glass, and specialty steel, which has, in turn, created a huge requirement of alumina in the country. This is because of the extensive usage of this material in steel manufacturing processes.

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.