Industrial rubber market forecast at $46 billion by 2030

The industrial rubber sector is seeing growth as a result of the business’s expanding application area, increased demand in the Asia Pacific region, and technological advancements in the industry. Industrial rubbers are some of the most versatile materials available, and they can be found in nearly every aspect of the modern industry today. Increasingly, industrial rubber is being used in a variety of applications including automotive, building & construction, industrial manufacturing, polymer modification, wire and cable, bitumen modification, electrical & electronics, sealant& adhesive, coating, medical & healthcare, and a variety of other industries.

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Global silicone polymer market forecast with a CAGR of 5.1 percent by 2028

The rapidly expanding building & construction industry in emerging and developed economies such as India , China , Mexico , Brazil , the US, Canada , and Germany is expected to boost the silicone polymer demand during forecast period. For instance, according to the Global Alliance for Buildings and Construction, the global construction market size is expected to reach US$ 13,572.4 billionby 2024. Increasing urbanization due to growing population globally, rapid technological advancements in infrastructure development and rise in disposable income is expected to drive the global construction market revenue growth over the forecast period. Moreover, the increasing demand for lightweight automobile parts and growing research and development activities to develop new and innovative products is expected to propel silicone polymer demand during the forecast period. Lightweight materials such silicone elastomer, resin, and silicone emulsions are used to reduce automobile weight, which results in decreasing the overall fuel consumption. High thermal stability associated with silicone polymers is estimated to boost its demand in automotive applications during the forecast period.

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New study on global flame retardant market from Ceresana

Electricity makes our lives more convenient – but unfortunately also more dangerous. The boom in e-mobility, charging stations, batteries and photovoltaic systems is increasing the need for chemicals that prevent plastics and other flammable materials from igniting or at least slow down fires. Ceresana has analyzed the global market for all types of fire retardants for the seventh time: including brominated and chlorinated flame retardants as well as ATH, organophosphorus, ATO and other additives. The new market study provides figures on demand and revenue for the entire flame retardant market, as well as demand volumes for the individual grades and their applications: Around 2.19 million metric tons of flame retardants are used worldwide each year.

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European silicone rubber market forecast with a CAGR of 5.5 percent through 2031

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the Europe silicone rubber market in order to accurately gauge its future growth. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for expansion of the Europe silicone rubber market in order to identify growth opportunities for market stakeholders. The report also provides insightful information about how the Europe silicone rubber market would expand during the forecast period of 2021 to 2031.

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Specialty tire market size is expected to increase by $10.86 billion by 2026

G, Giti Tire Pte. Ltd., GRI Tires Pvt. Ltd., JK Tyre and Industries Ltd., Kumho Tire Co. Inc., Michelin Group, Nokian Tyres Plc, Pirelli Tyre Spa, Polymer Enterprises Inc., Shandong Linglong Tyre Co. Ltd., The Carlstar Group LLC, The Goodyear Tire and Rubber Co., Toyo Tire Corp., Trelleborg AB, Triangle Tire USA, Xuzhou Construction Machinery Group Co. Ltd., Yokohama Rubber Co. Ltd., and Zhongce Rubber Group Co. Ltd. among others. One of the key highlights of this report is the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the future.

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Synthetic rubber market forecast at $41.7 billion by 2029

The global synthetic rubber market size was valued at USD 28.89 billion in 2021. The market is projected to grow from USD 29.86 billion in 2022 to USD 41.73 billion by 2029, exhibiting a CAGR of 4.9% during the forecast period according to Fortune Business Insights. The global COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of 8.0% in 2020 as compared to 2019.

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Global filler markets forecast with annual growth rate of 4.8 percent

Without stones, there’s no energy transition: mineral fillers help make cars lighter, bioplastics more durable, and wind turbines and solar plants more weatherproof. Insoluble additives make many materials, especially engineering plastics, cheaper and suitable for a use in demanding applications. Ceresana has analyzed the filler industry for the sixth time already. The market researchers expect the global filler market to grow at an average annual rate of 4.8%: Demand for natural calcium carbonate (GCC), precipitated calcium carbonate (PCC), kaolin, talc, wollastonite, mica, carbon black and other fillers is expected to reach a volume of more than 80 million tons by 2030

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