Market Reports

The thermal management market is entering a phase of strong growth, driven by rising performance demands in digital and industrial systems. These solutions are becoming critical across a wide range of applications, creating new opportunities for innovation and scale. Faster is among the companies shaping this evolution. “Rising energy density and the spread of high-performance systems are making thermal management increasingly central,” said Matteo Arduini, CEO of Faster. “It is becoming a strategic enabler of the digital economy.”

The U.S. Tire Manufacturers Association (USTMA) released its February 2026 shipment forecast, projecting a modest increase in total tire shipments across the U.S. market compared with the prior year. According to the association’s latest data, total shipments are expected to reach 338.9 million units in 2026, up from 336.3 million units in 2025 and from 332.7 million recorded in 2019. The expected total would surpass the previous high of 337.3 million units in 2024, underscoring continued growth in the sector.

The global rubber processing chemicals market is experiencing robust expansion, with industry valuations reaching USD 5.9 billion in 2024 and projections indicating a remarkable trajectory toward USD 11.1 billion by 2034. According to comprehensive market research by Polaris Market Research, the sector is set to grow at a compound annual growth rate (CAGR) of 6.50% throughout the forecast period, signaling unprecedented opportunities for chemicals and materials industry stakeholders.

Drawing on decades of experience and expertise in the bio-based chemicals and materials sector nova-Institute with its renowned biopolymer expert group has become the leading provider of market and trend data on bio-based building blocks and polymers. In addition to publishing annual data on bio-based building blocks and polymers in its well-known report on “Bio based Building Blocks and Polymers – Global Capacities, Production and Trends”, nova-Institute has also been providing data to European Bioplastics (since 2016) and Plastics Europe (since 2023). The data published annually by European Bioplastics and Plastics Europe are taken from the nova-Institute market report, but cover a smaller or different selection of bio-based polymers, based on different scopes.

The asphalt rubber market is demonstrating consistent and sustainable growth driven by infrastructure modernization and recycling initiatives. Market projections indicate that the industry is expected to reach USD 7.6 billion by 2033, expanding at a CAGR of 6.7% during the forecast period.

This growth trajectory highlights increasing confidence in asphalt rubber’s long-term economic and performance benefits, particularly in regions facing aging road networks and rising traffic volumes.

Global key players of Rubber Coated Fabrics include Continental (ContiTech), Trelleborg AB , GUMOTEX Coating, Chemprene and Bobet, etc. Top three players occupy for a share about 16%. China is the largest market, with a share about 27%, followed by North America and Europe. In terms of product, Synthetic Rubber Coated Fabrics is the largest segment, with a share over 56%. In terms of application, Transportation is the largest market, with a share over 38%.

The global rubber market is moving into a period of structurally moderate growth as slowing macroeconomic momentum and a maturing automotive sector reshape long-term demand patterns, according to the latest World Rubber Industry Outlook released by the International Rubber Study Group (IRSG). Global rubber consumption down 0.6% year-on-year in Q2 2025, but up 1.9% in the first half of 2025