Market Reports

Dimethyldichlorosilane, a vital organosilicon compound, consists of two methyl groups bonded to a silicon atom, each attached to a chlorine atom. Widely employed in the production of silicone polymers, it serves as a key intermediate in various industries, including adhesives, sealants, and coatings. Its reactivity with water and ability to crosslink with other silanes make it indispensable in creating resilient and versatile silicon-based materials.

The demand for automotive window and exterior sealing is also being driven by rising demand for electric vehicles (EVs). The growth of the electric vehicle market is creating new opportunities for window and exterior sealing manufacturers. EVs require specialized sealing solutions to protect sensitive electrical components and maintain energy efficiency.

By 2023 and 2033, the bio-based elastomers market is expected to be worth US$ 513 million and US$ 1,901.8 million, respectively according to Future Market Insights. During the forecasted period of 2023 to 2033, the growth rate is expected to be close to 14%. The advantages that bio-based elastomers have over those made from crude oil in terms of emissions of volatile organic compounds are anticipated to aid in the market’s expansion. The development of bio-based elastomers is a major focus for major crude oil-based elastomer producers.

Based on technology type, demand for pressure sensor is expected to increase at a CAGR of about 10% over the assessment period.
By region, Europe and East Asia are expected to be collectively account for a market share of more than 70.9% by 2032.
In terms of vehicle type, passenger vehicle segment is estimated to dominate the market holding more than 75.0% of the total market share.
Total sales in the U.S. market will reach a valuation of US$ 0.3 Bn in 2022.

The global latex coating market is on track to achieve remarkable growth, projected to reach a substantial valuation of $73.36 billion by 2030, from $50.77 billion in 2023, showcasing a robust Compound Annual Growth Rate (CAGR) of 5.4% according to Research and Markets.

The silicone makeup sponge market is anticipated to register a CAGR of 7% during the forecast period, up from US$ 638.58 Million in 2022 to reach a valuation of US$ 1256.19 Million by 2032 according to Future Market Insights.

Some of the prominent players profiled in the global medical grade silicone rubber market include Dow Corning Corporation, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd., Momentive Performance Materials Inc., Bluestar Silicones International, Stockwell Elastomerics Inc., Elkem Silicones, Saint-Gobain Performance Plastics Corporation, Quantum Silicones LLC, and KCC Corporation.

The global latex mattress market is predicted to reach US$ 20 Billion by 2032, growing at a CAGR of 7% during the forecast period 2022-2032 according to Future Market Insights. As of 2021, the industry was valued at US$ 9.7 Billion, and is expected to reflect a Y-o-Y growth rate worth 5.1% to reach US$ 10.2 Billion by 2022.

The global market is anticipated to have a steady CAGR of 4.2% during the period from 2023 to 2033 according to Future Market Insights. The overall market size is predicted to expand from US$ 59.4 billion in 2023 to US$ 89.6 billion by 2033. Previously, the ethylene copolymers market was thriving at a CAGR of 3.5% from 2018 to 2022, resulting in a market size of US$ 57.4 billion in 2022.