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Global silicone market forecast at $91.4 billion by 2026

11/11/2019 - Portland, OR - The global silicone market accounted for $18.2 billion in 2018, and is expected to register $91.4 billion at a CAGR of 22.5 percent by 2026, according to a report published by Allied Market Research. The report provides a detailed analysis of the market size and estimations, top investment pockets, top winning strategies, drivers and opportunities, competitive scenario and changing market trends. The rise in demand for silicone across various end-user industries and the surge in adoption of waterborne coatings supplement the growth of the global silicone market. However, high prices of silicone products impede growth to a certain extent. Moreover, high penetration of the electric vehicle is estimated to provide multiple opportunities in the upcoming future. The market is bifurcated on the basis of type, end-user and region....
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Lubrizol expands halogen-free Estane ZHF TPU portfolio

11/11/2019 - Cleveland, OH - Lubrizol Engineered Polymers has developed several new, halogen-free Estane ZHF thermoplastic polyurethane (TPU) grades that feature low toxicity, low smoke and low gas conductivity to offer a wider range of high-performing solutions to cable manufacturers. The design versatility of Estane ZHF polymers expands the scope of applications the new grades can be applied in, including thinner or colored cables in the market. The new ZHF resins also meet needs for more sustainable alternatives because of their recyclability and improvement of processability in the extrusion of most cables. New Estane ZHF TPU products include: Estane ZHF 90AT8 NAT 02, said to be ideal for robotic and communication cables; Estane ZHF 58202 NAT 02, said to feature easy processability and low gas conductivity combined with excellent flame-retardant p...
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United Soft Plastics opens TPE facility in Houston

11/11/2019 - Houston, TX - United Soft Plastics (USP) has opened a ten million pound (4,535 metric tons) production facility in Houston, TX, in response to strong market demand for its TPE products. The 20,000 sq. ft. plant complements USP’s existing facility in Lawrenceville, GA, and produces TPE materials for markets including food packaging, consumer, medical and industrial markets. It will run on a twin-screw extrusion system from KraussMaffei Berstorff with an underwater pelletizer from Nordson. “This investment reaffirms our continued commitment to the engineering TPE plastics market in the U.S., Mexico, and also outside of the Americas,” said Benedict Herbst, executive vice president of USP. “The expansion of our manufacturing assets will play a key role in meeting the application development needs of our customers and further unlock new busine...
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West Pharmaceutical Services launches two elastomer product innovations at CPhI Worldwide

11/11/2019 - Exton, PA - West Pharmaceutical Services, Inc. announced two innovative product offerings in the elastomer space at the 2019 CPhI Worldwide conference in Frankfurt, Germany. West introduced its advanced elastomer, the new 4040/40 formulation, created with customer insight to deliver enhanced performance and reliability, while helping to mitigate risk for customers. The company also launched a line extension of its AccelTRA component program, AccelTRA Select, which features new configurations of stoppers and plungers in a high-performing, next-generation 4031/45 elastomer formula to offer generics customers optimized quality, speed and simplicity. "These new elastomer product offerings reflect West's deep commitment to innovation based on customer insights. Designed with the customers' challenges in mind, we aim to simplify their journey w...
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Global latex-saturated paper market forecast at $3.67 billion by 2026

11/11/2019 - London, U.K. - According to TMR, the global latex-saturated paper market accounted for $2.49 billion in 2017, and is expected to reach $3.67 billion by 2026, growing at a CAGR of 4.4 percent during the forecast period. Growing demand for graphics media with varying finishes and high printability are propelling market growth. But difficulties encountered to change a layout are restraining the growth of the market. Latex-saturated paper is a sort of specialty paper that is basically used in cleanroom environments and is also extensively adopted for bookbinding and publishing, retail advertising, packaging applications, and as backing in construction products such as tapes. In addition, the latex-saturated paper is used as documentation paper and copier paper in many cases. Based on composition, cellulose fibers are the fibers that are made ...
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Trinseo reports third quarter 2019 financial results

11/11/2019 - Berwyn, PA - Trinseo reported its third quarter 2019 financial results. Net sales in the third quarter decreased 23 percent versus the prior year. Lower prices, mainly due to the pass through of lower raw material costs, resulted in a 16 percent decrease. In addition, lower volumes across all segments, with the exception of latex binders, resulted in a 5 percent decrease. Third quarter net income of $22 million was $53 million below the prior year, and third quarter adjusted EBITDA of $88 million was $55 million below the prior year due mainly to lower styrene margins which impacted the Feedstocks and the Americas styrenics segments, as well as lower polycarbonate margins. Commenting on the company’s performance, Frank Bozich, Trinseo’s president and chief executive officer, said, “Our results continue to be impacted by unchanged global e...
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Market Reports

Global Butyl rubber market forecast with a CAGR of 4.7% through 2024

11/7/2019 - Selbyville, DE - The worldwide market for Butyl Rubber is expected to grow at a CAGR of roughly 4.7% over the next five years, will reach 5800 million US$ in 2024, from 4390 million US$ in 2019, according to Market Study Report. Butyl rubber is the foundation of today's butyl rubber technology. Butyl rubber is a copolymer of isobutylene and a small amount of isoprene providing for a highly saturated backbone. The primary properties of butyl rubber are excellent air-barrier performance, good flex fatigue and vibration damping. Butyl rubber can be compounded with fillers and other modifiers and then vulcanized into practical rubber products. Owing to its excellent air retention, butyl rubber is the preferred material for inner tubes in all but the largest sizes. It also plays an important part in the inner liners of tubeless tires. (... (read more)

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