Market Material Research

The global redispersible polymer powder (RDP) market was valued at approximately USD 107.9 million in 2024 and is projected to reach USD 163.2 million by 2030, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2025 to 2030. Key Market Trends & Insights Regional Dynamics: Asia Pacific led the market in 2024, accounting for over 37% of the global revenue share. This dominance is attributed to rapid urbanization, increased infrastructure development, and a growing demand for high-performance construction materials in countries like China and India. Product Segment: Vinyl Acetate Ethylene (VAE) emerged as the leading product type, capturing more than 59% of the market share in 2024. Its popularity is due to its excellent adhesion properties, water resistance, and flexibility, making it ideal for applications in tile adhesives, dry-mix mortars, and exterior insulation systems. End-Use Applications: The residential construction sector was the l...

The global   recyclable thermosets market   was valued at USD 388.54 million in 2023 and is projected to reach USD 753.44 million by 2030, growing at a compound annual growth rate (CAGR) of 9.99% from 2024 to 2030. This growth is primarily driven by the increasing demand for sustainable materials as industries seek eco-friendly alternatives to reduce waste and lower carbon emissions, aligning with global sustainability goals. Stringent environmental regulations further push manufacturers to adopt recyclable thermosets, while advancements in recycling technologies are making it more feasible to process and reuse these traditionally non-recyclable materials. Key Market Trends & Insights Recyclable thermosets are gaining traction due to their potential to be reprocessed into new products, unlike traditional thermosets that cannot be remolded once cured. This reprocessing capability is achieved through advancements in polymer chemistry, allowing these materials to retain the d...

The global   recyclable packaging market   was valued at USD 197.08 billion in 2023 and is projected to reach USD 299.00 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030. This growth is driven by increasing consumer awareness of environmental issues and the rising demand for sustainable packaging solutions. Additionally, government regulations and initiatives promoting waste reduction and recycling have significantly contributed to the market's expansion. Key Market Trends & Insights Regional Dynamics: Europe held the largest revenue share of over 35% in 2023, establishing itself as the dominant market for recyclable packaging. In contrast, the Asia Pacific region is expected to register the fastest CAGR during the forecast period, driven by rapid industrialization and increasing environmental awareness. Product Segmentation: The bottles & jars segment led the market, accounting for over 31% of the revenue in 2023. This dominan...

The global   paper packaging market   was valued at approximately USD 397,518.0 million in 2024, and it is forecasted to reach about USD 527,115.2 million by 2030, growing at a compound annual growth rate (CAGR) of 4.8% over the 2025–2030 period. The demand for environmentally sustainable packaging solutions is a major driver of this growth, as consumers and companies alike are increasingly turning away from plastic and non‐biodegradable materials. Key Market Trends & Insights In 2024, North America accounted for around 23.2% of the global paper packaging market’s revenue share. The United States was the dominant country within North America during that year. By grade, recycled paper held the largest portion in 2024, making up about 55.7% of the market. Among materials, corrugated boxes claimed the largest revenue share in 2024. By application, the food & beverages category led the global paper packaging market in 2024. Market Size & Forecast Market size in 2024 wa...

  The global   paint packaging market   was valued at USD 28.7 billion in 2023. It is expected to reach USD 44.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5% between 2024 and 2030. Major drivers include growing investment in construction and infrastructure, along with rising demand for exterior paint and coatings. Key Market Trends & Insights and Market Size & Forecast In 2023, the Asia Pacific region held the largest share of the market, accounting for 53.9%. Countries such as China and India, with rapid urbanization and increased infrastructure spending, are primary contributors. The United States market is expected to grow strongly, fueled by its large automotive sector and fast-expanding construction activity. By material, metal containers dominated in 2023 with a 44.2% share. The popularity of aerosol metal cans has played a significant role; metals offer durability and resistance to damage, making them suitable for transport and s...

The global   nitrous oxide market   size was valued at USD 1.3 billion in 2022 and is projected to reach USD 2.30 billion by 2030, expanding at a CAGR of 7.9% from 2023 to 2030. The rising use of nitrous oxide across diverse industries, including automotive, electronics, medical, and food & beverages, is one of the key drivers propelling market growth. A significant portion of demand is emerging from the Asia Pacific region, driven by the growing prevalence of chronic illnesses and the increasing geriatric population in major economies such as China and India. Nitrous oxide, widely referred to as laughing gas, is a colorless, non-flammable gas with a slightly sweet odor. It has broad applications in both medical and non-medical domains. In non-medical industries, it is commonly used in car racing, the semiconductor sector, and food processing. Within the medical field, nitrous oxide functions as both an analgesic and anesthetic, making it a vital component in surgical and ...

The global   nickel mining market   size was valued at USD 90.57 billion in 2024 and is projected to reach USD 105.82 billion by 2033, growing at a CAGR of 2.0% from 2025 to 2033. Market growth is primarily driven by the increasing demand from the stainless steel industry. Nickel plays a vital role as an alloying element that enhances the strength, corrosion resistance, and heat tolerance of stainless steel. With rapid industrialization in emerging economies, particularly across Asia Pacific and Latin America, the construction and infrastructure sectors are expanding significantly. This trend fuels stainless steel consumption and, in turn, sustains the demand for nickel mining. In addition to stainless steel, nickel has become indispensable for lithium-ion battery production, particularly in high-nickel chemistries such as NMC (Nickel Manganese Cobalt) and NCA (Nickel Cobalt Aluminum). These chemistries deliver higher energy density and longer driving ranges, making them essen...

The global   missile market   size was valued at USD 55.70 billion in 2023 and is projected to reach USD 93.56 billion by 2030, expanding at a CAGR of 7.4% from 2024 to 2030. Market growth is fueled by rising defense expenditures, advancements in missile technologies, heightened focus on national security, and the increasing need for effective deterrence against terrorism, regional conflicts, and other emerging threats. Regional Highlights: North America remained the largest market in 2023, while Asia Pacific is expected to emerge as the fastest-growing region during the forecast period The demand for advanced missile systems is accelerating as countries focus on modernizing their defense capabilities. Nations are increasingly investing in long-range, precision-guided, and next-generation missile technologies to enhance deterrence and maintain strategic superiority. The integration of advanced guidance and control technologies—such as GPS navigation, inertial navigation system...

The global   mining lubricants market   size was valued at USD 6.40 billion in 2021 and is projected to reach USD 8.96 billion by 2030, registering a CAGR of 3.8% from 2022 to 2030. The market growth is primarily driven by the rising demand for lubricants that enhance the performance and efficiency of mining equipment and machinery. The global mining lubricants market is witnessing steady growth, fueled by the shift from manual lubrication to advanced automatic lubrication systems, which significantly improve operational efficiency. Moreover, the industry is gradually transitioning from synthetic-based to bio-based lubricants, influenced by government regulations, sustainability initiatives, and evolving consumer demand. These changes are reshaping product development strategies and fostering the adoption of innovative technologies. In addition, the market is experiencing a rising preference for lubricants with properties such as long service life, low volatility, and high pur...

  The global   mining logistics market   size was valued at USD 28.86 billion in 2023 and is projected to reach USD 75.66 billion by 2030, expanding at a CAGR of 14.9% from 2024 to 2030. Market growth is primarily driven by the rising demand for metals and minerals, expansion of mining activities in remote locations, and continuous technological advancements in logistics solutions. Countries such as China, India, and Brazil are experiencing rapid industrialization and urbanization, which significantly increases the consumption of raw materials. This, in turn, fuels demand for efficient logistics solutions to transport resources from mining sites to processing facilities and end-users. The expansion of mining activities into remote and difficult-to-reach areas is also a major growth driver. With easily accessible mineral deposits declining, companies are exploring new deposits in challenging terrains, necessitating advanced and specialized logistics solutions. Furthermore,...

The global   neodymium market   size was estimated at USD 5.28 billion in 2024 and is projected to reach USD 7.30 billion by 2030, growing at a CAGR of 6.7% from 2025 to 2030. This growth is primarily fueled by the increasing demand for permanent magnets across diverse industries. Neodymium magnets, commonly referred to as NdFeB magnets, are the strongest type of rare-earth magnets and play a vital role in high-performance applications. Their exceptional magnetic strength and compact form factor make them indispensable in electric motors, wind turbines, and consumer electronics. As the global transition toward energy-efficient and miniaturized technologies continues, the need for neodymium-based components has witnessed significant growth. Due to their strength and space-saving properties, neodymium magnets are critical in applications such as electric motors, renewable energy systems, and high-end electronics. In March 2024, LG Innotek announced a substantial scale-up in neod...

The global   natural stone market   size was estimated at USD 10.17 billion in 2024 and is projected to reach USD 14.11 billion by 2030, growing at a CAGR of 5.8% from 2025 to 2030. The market is experiencing significant growth due to the increasing demand for visually appealing and long-lasting building materials in both residential and commercial construction. Natural stones such as marble, granite, limestone, and sandstone are widely favored for their distinctive textures, patterns, and durability. With rising real estate development, especially in emerging markets, the demand for high-quality natural stone for flooring, countertops, wall cladding, and landscaping is surging. Luxury residential developments are incorporating natural stone more frequently for its aesthetic value and ability to enhance property valuation. The natural stone market is also being propelled by its expanding use in infrastructure projects. Global investments in large-scale infrastructure—such as a...