Author: RubberWorld

Market ReportsNewsrss5

Thermoplastic polyester elastomer market forecast at $542 billion by 2036

As of 2023, the TPEE market is worth more than $292 billion worldwide and is anticipated to grow in the following years. Globally, the dominant market is the Asia Pacific with China at the forefront. The latter obtains the most significant share owing to the great performance of the local automobile and electronics sector, which are the principal TPEE customers. The thermoplastic polyester elastomer market share would generate revenue of USD 542 Billion by 2036 end and grow at a CAGR of 6% from 2024 to 2036 according to Research Nester

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Continental celebrates important milestones in its three U.S. tire plants

2024 marks a significant milestone for Continental’s tire manufacturing operations in the United States. Three key plants celebrate their anniversaries: 5 years in Clinton, Mississippi, 10 years in Sumter, South Carolina, and 50 years in Mount Vernon, Illinois. With an annual production capacity of more than 16 million tires and a team of more than 6,700 local manufacturing employees, Continental is amongst the top tire manufacturers in the U.S.. In the last decade alone, the company has invested more than $1.5 billion USD in its American tire manufacturing operations. Continental is committed to premium product quality, innovation, and growth in the U.S. market. Thus, the premium tire manufacturer is continuously investing in the expansion of its tire plants.

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Global release liners market forecast with a CAGR of 6 percent through 2032

Thin, flat sheets of paper covered in silicone or another release agent are called paper release liners. They are employed in the protection and separation of adhesive materials, such as labels and tapes, to prevent adhesion during application, storage, and transit. The growing need for pressure-sensitive adhesives (PSAs) and other adhesive technologies across a range of industries, including automotive, electronics, healthcare, and food and beverage, is the main driver of the paper release liners market. Furthermore, the market is expanding because to the rising need for environmentally friendly, biodegradable, and sustainable release liners.

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Technobiz Rubber Week starts next Monday in Bangkok

TechnoBiz is accepting delegate registrations for the upcoming “RUBBER WEEK 2024” during 22-26 April 2024 in Bangkok, Thailand at Century Park Hotel. It has 3 specialized conferences and 9 short training courses aimed for rubber industry professionals across the world. This is a Hybrid Program. Participants can choose either in-person participation or online participation.

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Century Mold acquires Integrity Injection Molding

Century Mold Company, Inc., a North American injection molder serving Automotive, Military, Industrial, and Consumer markets, announced the acquisition of Integrity Injection Molding (IIM), the molding division of Integrity Tool & Mold. The acquisition strengthens CM’s capabilities in precision, high tonnage presses, in response to rising North America demand for these capabilities.

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Yokohama Rubber named new sponsor of the ATP tour

The Yokohama Rubber Co., Ltd., announced that it has entered into a partnership agreement with the Association of Tennis Professionals (ATP), the global governing body of men’s professional tennis, that makes it the ATP Tour’s first Official Tire Partner (a Gold Partner).

The ATP Tour entertains a billion global fans and showcases the world’s greatest players at the most prestigious tournaments. Yokohama Rubber’s partnership with the ATP Tour is aimed at increasing awareness of the YOKOHAMA brand in the European market. The Company will be sponsoring five tournaments in the European countries of Italy, the United Kingdom, Germany, and Monaco, including the Nitto ATP Finals, the ATP Tour’s prestigious season finale featuring only the top eight singles players and doubles teams in the annual rankings.

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