Persistence Market Research forecasts that the liquid silicone rubber (LSR) market is projected to grow at a CAGR of 8.4%, reaching US$ 5.83 billion by 2031, up from US$ 3.31 billion in 2024.. The demand is being driven by the healthcare and automotive sectors, where LSR’s heat resistance, biocompatibility, chemical and electrical resistance, and transparency make it a preferred material for a variety of applications. The global rise in IT spending and the increasing demand for eco-friendly, soft, and efficient materials in devices further boost LSR’s utilization. In North America, the U.S. is expected to dominate the market, particularly due to the automotive industry’s reliance on LSR for enhanced performance, particularly in electric vehicles. The industrial-grade segment, driven by OEM demand, is set to experience a notable CAGR of 8.6%, with the automotive and healthcare industries being major contributors.

Vietnam exported 1.37 million tons of rubber worth US$2.18 billion during the nine-month period, representing a fall of 2.2% in volume but an increase of 16.4% in value against the same period from last year, according to details given by the Ministry of Industry and Trade.

eport Ocean in its recent study, estimated the Global Styrene Butadiene Rubber (SBR) Market size by value at USD 12.89 billion in 2023. During the forecast period between 2024 and 2030, Report Ocean expects the Global Styrene Butadiene Rubber (SBR) Market size to expand at a CAGR of 7.55% reaching a value of USD 15.63 billion by 2030. The Global Styrene Butadiene Rubber (SBR) Market is propelled by a growing demand for rubber in the automotive sector, the surging sales of footwear featuring rubber soles, rapid industrialization in emerging economies, and the increasing need for high-performance lightweight tires. The constrained availability of natural rubber is expected to drive the demand for various SBR products, including SBR polymers, styrene-butadiene rubber latex, styrene-butadiene rubber powder, carboxylate styrene-butadiene rubber, and others during the forecast period. The growing demand for styrene-butadiene rubber in the industrial sector is also expected to play a pivotal role in shaping the market trajectory up to 2032.

According to analyses by the Mecs Study Centre of the trade association Amaplast, after positive consolidated year-end results for both imports and exports in 2023, imports were consistently lower in the early months of 2024 with respect to the same period a year earlier, with drops entering into the double digits in the second quarter. This is a symptom of lower propensity to invest within a context of contraction in the economy generally and in the industrial sector specifically. The period closed with a drop of 12 percentage points to a value of 483 million euros, with imports noticeably declining from all three main source countries: Germany, China, Austria.

The global market for Carboxylated Nitrile Rubber (XNBR) is experiencing notable growth, driven by its expanding applications across various industries. As of 2022, the market size for XNBR is valued at approximately USD 4 billion. Forecasts indicate that this figure will rise to USD 5.92 billion by 2032, reflecting a steady compound annual growth rate (CAGR) of 4% from 2022 to 2032 according to Future Market Insights. This growth is indicative of the increasing demand for high-performance rubber materials in automotive, aerospace, and industrial applications.

According to research report by Prophecy Market Insights, the global nitrile butadiene rubber (NBR) latex market size was valued at USD 4.21 Billion in 2024 and is expected to reach USD 6.79 Billion by 2034, growing at a CAGR of 5.4%.

Global demand for silicones is forecast to grow 3.2% yearly, reaching 3 million metric tons – valued at $29.9 billion – in 2028 according to Research and Markets. Gains will be supported by accelerating construction and manufacturing activity, as well as an improvement in motor vehicle production. The continuing uptake of silicones in lower income countries will also support demand increases. In value terms, gains will be boosted by greater use of better-performing silicones in high-income countries.

In-depth analysis in the brand new Smithers report – The Future of Connected Tires to 2029 – shows that sales worldwide will top 91,000 units for the first time in 2024, with a value of $23.23 million. Across the next five years value will increase rapidly at a compound annual growth rate (CAGR) of 50.5% driving value to $179.51 million in 2029, at constant prices; with volume sales climbing to 871,000 units.

Analysis of TBR Tire Market Size by Research Nester Reveals the Market to Grow with a CAGR of 7.6% During 2024-2036 and attain USD 43.1 billion by 2036. Research Nester assesses the growth and market size of the TBR tire market, which is anticipated due to the widespread adoption of electric vehicles credited to the implementation of strict regulations for vehicle emissions. As a result, governments across the world have imposed strict emission regulations on automakers.

The Association of Natural Rubber Producing Countries (ANRPC) reports that in the first seven months of 2024, global natural rubber (NR) production saw a slight increase of 0.7%, reaching 7.1 million tons. In contrast, global NR demand grew at a faster rate of 1.2%, totaling 9.0 million tons. Despite the tight supply situation that pushed up rubber prices, market sentiment remained subdued due to several factors: the Federal Reserve’s decision to keep interest rates unchanged, concerns about a potential recession in the U.S., and the weakening U.S. dollar, which has exerted downward pressure on both physical and futures market prices.

The global styrene butadiene rubber market will reach a valuation of USD 11.5 billion in 2024, attributed to factors such as automotive industry growth. The trend is set to create new opportunities for the market, leading to a projected CAGR of 5.5% between 2024 and 2034, and reaching a total valuation of approximately USD 19.7 billion by 2034 according to Future Market Insights.

The industrial overview for the polyacrylate rubber industry is marked by growing demand from sectors requiring high-performance materials capable of withstanding extreme conditions. As per estimations by Research Nester Analytics, the market for polyacrylate rubber size is poised to reach USD 86 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period. In the year 2023, the industry size of polyacrylate rubber was over USD 3 Billion. As industries continue to innovate and prioritize reliability, the demand for polyacrylate rubber is expected to rise, driving market growth and technological advancements.

orldwide revenue from the Cast Elastomers Market reached $1.45 billion in 2023 and is projected to increase at a CAGR of 5% to climb to US$ 2.49 billion by the end of 2034 according to FactMR.

The growth of the green tire industry is driven by increasing environmental awareness, stringent government regulations on carbon emissions, and the rising demand for fuel-efficient vehicles. Consumers are increasingly opting for eco-friendly products, and green tires, made with sustainable materials and energy-efficient production methods, fit this demand. Advances in technology, such as the development of low rolling resistance tires, also contribute to the industry’s expansion, as they help reduce fuel consumption and emissions. Additionally, the growing popularity of electric vehicles, which require specialized tires, further boosts the market.

Global Performance Elastomer Market is valued approximately at USD 18.19 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.29% over the forecast period 2024-2032 according to ReportOcean.com. Performance elastomers are a unique class of polymers characterized by their remarkable flexibility and resilience, allowing them to revert to their original shape upon the removal of deforming forces.

The high-temperature sealants industry is thriving, driven by demand across sectors like automotive, aerospace, and manufacturing. Industries are increasingly pushing the limits of material performance, requiring sealants that can endure extreme conditions without compromising safety or efficiency.
As per predictions the high-temperature sealants market size was over USD 5.21 Billion in 2023 and is anticipated to reach USD 9.95 Billion by 2036, growing at around 5.1% CAGR during the forecast period i.e., between 2024-2036.

Global Synthetic Latex Polymers Market is valued at approximately USD 40.6 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2024-2032 according to Report Ocean. Synthetic latex polymers, often referred to as synthetic latex, are manufactured materials comprising polymer particles dispersed in water. Created via emulsion polymerization involving monomers such as styrene, butadiene, acrylic acid, vinyl acetate, or ethylene, these polymers are critical in multiple industries due to their durability, flexibility, and adherence properties.

he global silicone coating market size reached USD 7.8 Billion in 2023 is expected to reach USD 13.22 Billion by 2033, exhibiting a growth rate (CAGR) of 5.42% during 2023-2033 according to Exactitude Consultancy. The silicone coating market key players includes Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd, Momentive, Milliken & Company, HumiSeal, CHT UK Bridgwater Ltd, Dow, Elkem Silicones, Evonik Industries AG, KCC Silicone.

The isoprene rubber latex industry is predicted to be valued at USD 922 million by 2024. The market valuation is estimated to be USD 2,005.3 million by 2034, projected at a CAGR of 8.1% according to Future Market Insights.

The boom in demand for eco-friendly and sustainable materials fuels the adoption of isoprene rubber latex due to its renewable sourcing and biodegradability, aligning with global sustainability goals.

The global rubber molding market is poised for significant expansion, with its valuation projected to reach USD 54.2 billion by 2024 and surge to USD 109.3 billion by 2034 according to Future Market Insights. This robust growth is anticipated at a compound annual growth rate (CAGR) of 7.3% throughout the forecast period. The increase in demand for rubber molding is driven by its wide applications across various industries, including automotive, aerospace, and consumer goods, where it plays a crucial role in producing high-quality, durable components. As industries continue to advance and seek more efficient manufacturing solutions, the rubber molding market is set to experience substantial development and opportunity.

The demand for synthetic polyisoprene rubber industry is likely to be driven by its widespread application in the manufacturing of tires, belts, footwear, and medical accessories such as medical gloves and medical balloons. The global market is anticipated to expand at a robust 6.2% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis.

The eurozone manufacturing sector was again a key source of weakness. Production was down markedly in July, and to the largest extent in the year-to-date. As such, a rise in services activity stopped the overall private sector from falling into contraction. That said, the expansion in the service sector was only modest and the weakest since March. The two largest euro area economies continued to underperform the wider region. Output in Germany decreased for the first time in four months, while France posted a third consecutive monthly reduction in business activity. This performance contrasted with continued growth across the rest of the euro area, albeit the latest increase in output was the least marked since January.

As per a recently published report by Future Market Insights, sales of adhesive films market are projected to reach US$ 29.8 billion in 2033 from US$ 19.1 billion in 2023. The market is estimated to witness a CAGR of 4.6% between 2023 and 2033.

The silicone fluid industry is to surpass US$ 9.7 Billion by 2032, according to the latest report for Future Market Insights. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.

The global rubber tire market is characterized by steady growth driven by several factors, including increased vehicle production, expanding transportation infrastructure, and rising consumer demand for high-performance and durable tires. Major players in the industry include Bridgestone, Michelin, Goodyear, Continental, and Pirelli, among others.
The global rubber tire market size was USD 149.4 Billion in 2022 and is likely to reach USD 208.99 Billion by 2031, expanding at a CAGR of 3.8% during 2023 – 2031 according to Growth Market Reports.

Several variables are affecting the growth and development of the reclaimed rubber business. The growing emphasis on sustainability and environmental responsibility is an important factor. Manufacturers are turning to reclaimed rubber as a more sustainable alternative to virgin rubber as worries about resource depletion and waste management grow. Reclaimed rubber has advantages such as decreased carbon footprint, reduced trash output, and natural resource conservation. Another motivating aspect is cost-effectiveness. Reclaimed rubber is less expensive than virgin rubber, making it an appealing solution for enterprises looking to reduce production costs and increase profitability.

The global dimethyldichlorosilane industry size is expected to grow at a robust CAGR of 8.5% from 2022 to 2032 according to Future Market Insights. The target market will accrue a revenue of US$ 2.48 billion by 2032, as opposed to US$ 1.19 billion in 2022.

Pune, India – The Brainy Insights projects that the global medical nitrile gloves market, valued at USD 4 billion in

The global oil and gas seal industry value reached USD 1116.5 million in 2023 according to Future Market Insights. Over the forecast period, the value is anticipated to rise at 4.4% CAGR. The market is predicted to increase from USD 1216.9 million in 2024 to USD 1871.8 million in 2034.

Economic activity in the manufacturing sector contracted in June for the third consecutive month and the 19th time in the last 20 months, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.