Market Reports

The global Silicone market witnessed a CAGR of 6.3% during the historic with a market value of US$ 17.3 Million in 2021. However, as per the current estimates by FMI, the forecast growth outlook for Silicone is to remain around 6.8% from 2022 to 2032. This growth in demand is attributed to the growth in various end-use industries. The rise in demand for Silicone from the healthcare industry, automotive industry, and renewable energy sectors is expected to bolster the market growth in the projection period.

Ceresana has analyzed the global market for adhesives for the sixth time: Around 13.5 million tons of adhesives are currently consumed every year. The current edition of the adhesives market study provides key information on demand, production, imports and exports from 2020 onwards – and forecasts up to 2032.

According to Adroit Market Research, the size of the Rubber flooring market is expected to be worth US$ 252.0 billion in 2031, growing at a CAGR of 6.1% from 2021 to 2031. Rubber flooring’s wide range of uses in a variety of settings and sectors has led to the market’s notable expansion in recent years. Rubber flooring is a category of resilient flooring composed mainly of synthetic or natural rubber materials. High-traffic locations like gyms, hospitals, schools, and commercial spaces are a great fit for this material because of its reputation for durability, slip resistance, sound absorption, and ease of maintenance. Rubber flooring can be laid in a number of ways to accommodate different needs and preferences. It is available as tiles, sheets, and mats.

The global silicone in electric vehicles market size and share is currently valued at USD 5.90 billion in 2023. It is anticipated to generate an estimated revenue of USD 12.66 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.9% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024-2032 according to Polaris Market Research.

The medical-grade segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Infection control is a critical concern in healthcare settings. Medical-grade XNBR’s resistance to chemicals, oils, and sterilization methods is highly valuable in applications such as sealing and gasketing in medical equipment and devices. This contributes to reducing the risk of contamination and infection, further driving its adoption. The global infection control industry is expected to reach USD 30.9 billion.

Classic fillers remain indispensable for numerous industries, whether as powders, fibers or small spheres: Demand for natural calcium carbonate (GCC), precipitated calcium carbonate (PCC), kaolin, talc, wollastonite, mica, carbon black and other fillers is expected to increase to almost 89 million tons by 2032. The latest, seventh edition of the Ceresana study on the global market for fillers expects average revenue growth of 3.6% per year.

The global nitrile butadiene rubber (NBR) latex market is estimated to grow majorly on account of the increasing demand from aeronautical sector. Nitrile butadiene rubber (NBR), is utilized in the aerospace and aviation industries to produce fuel and oil handling hose seals which is utilized to fill the gaps between mating surfaces on commercial boats and aircraft in the aerospace and aviation industries, assist in stopping the spread of fire or flames in the aircraft engine, and avoiding the infiltration of water or dust.

According to a new report published by Allied Market Research, titled, “Hydraulic Pump Market,” The hydraulic pump market size was valued at $9.3 billion in 2020, and is estimated to reach $14.2 billion by 2032, growing at a CAGR of 3.4% from 2023 to 2032.

The tire-cutting machine market is expected to attain a valuation of US$ 1,316.7 million by 2024. The market is set to demonstrate a CAGR of 2.5% from 2024 to 2034 according to Future Market Insights. Anticipating a total valuation of approximately US$ 1,735.5 million by 2034, the market indicates growth and encouraging opportunities within its evolving landscape.