Author: 24ChemicalResearch

Global electrolytic manganese market, valued at USD 1.65 billion in 2024, advances at 7.2% CAGR to USD 2.89 billion by 2032, powered by stainless steel demand and battery material expansion. 

Registering a CAGR of 3.6% during the forecast period. The industry continues to attract attention as manufacturers balance high-performance printing requirements with tightening environmental regulations and the rise of alternative technologies. Growing adoption in flexible packaging and durable industrial applications remains a primary growth accelerator

Global epoxy molding compound (EMC) for power device market, valued at USD 850 million in 2023, accelerates at 11.3% CAGR to USD 1.8 billion by 2030, driven by EV power modules and renewable energy systems. 

Global medical grade pressure sensitive adhesives market, valued at USD 421 million in 2023, expands at 4.5% CAGR to USD 625.65 million by 2032, propelled by wound care innovation and surgical device integration. 

Global medical wearable device adhesives market, valued at USD 2.1 billion in 2021, surges at 12.4% CAGR to USD 4.8 billion by 2028, fueled by remote monitoring and chronic disease management trends. 

The global carrier tape for packaging electronic components market, valued at USD 1.2 billion in 2024, grows at 6.8% CAGR to USD 2.1 billion by 2032, driven by electronics demand and recovery trends. 

Global drop forging market size was valued at USD 231.5 million in 2024. The market is projected to grow from USD 243.2 million in 2025 to USD 341.8 million by 2032, exhibiting a CAGR of 4.7% during the forecast period.

CAGR of 4.8% between 2024 and 2032. Industry analysis indicates this specialty chemical compound is gaining traction across pharmaceutical and electroplating sectors, particularly in emerging economies where industrialization drives demand for efficient chemical intermediates and surface treatment solutions

The market is projected to grow from USD 1301.0 million in 2025 to USD 1816.3 million by 2032, exhibiting a CAGR of 4.8% during the forecast period.

Global cosmetic grade sorbitan monostearate market size was valued at USD 52.4 million in 2024. The market is projected to grow from USD 55.1 million in 2025 to USD 79.8 million by 2032, exhibiting a CAGR of 5.4% during the forecast period.