Market Reports

BlueWeave Consulting in its recent study, estimated the global nitrile butadiene rubber (NBR) latex market size at USD 2.9 billion in 2022. During the forecast period between 2023 and 2029, the global nitrile butadiene rubber (NBR) latex market size is projected to grow at a CAGR of 6.12% reaching a value of USD 4.14 billion by 2029. The robust automotive industry and the expanding usage of NBR products including seals & O-rings, hoses, belts, molded products, cables, and others are major growth factors for the global nitrile butadiene rubber (NBR) latex market. The expansion of the automotive industry is forecast to continue in the coming years by the trend toward electric vehicles and the development of autonomous vehicles, which would consequently boost demand for NBR latex products.

The global conductive silicone rubber market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2023 – 2035. The global conductive silicone rubber market size is expected to reach ~USD 30 Billion by the end of 2035.

The global automotive silicone market size is projected to reach USD 3.1 billion by 2027 growing at a CAGR of 7.1% from 2022 to 2027, as per the recent study by MarketsandMarkets™. Rising demand from emerging markets and growth of transportation industry globally are driving the market for automotive silicone.

Sales of silicone-based release coatings are predicted to increase rapidly at a CAGR of 6.1% and reach a market value of US$ 246.7 million by the end of 2033.
Demand for release coatings in the United States is forecasted to rise at a CAGR of 5% and reach US$ 105.23 million by the end of 2033.

The global paper release liners market is estimated to exhibit growth at a CAGR of around 6% to 7% during the forecast period 2022-2032 according to Future Market Insights.

The global Industrial Wax market was valued at USD 8677.2 Million in 2022 and is anticipated to reach USD 11690 Million by 2029, witnessing a CAGR of 3.9% during the forecast period 2023-2029 according to Valuates Reports.

The rubber molding press market is expected to witness significant growth in various regions, including North America, Asia Pacific (APAC), Europe, the United States of America (USA), and China. The increasing demand for rubber products in various end-use industries, such as automotive, aerospace, construction, and medical, is driving the growth of the market

As per Fact.MR, the global farm tires market is valued at US$ 8.2 billion in 2023 and is forecasted to reach US$ 14 billion by 2033. Worldwide sales of farm tires are predicted to increase at a CAGR of 5.5% from 2023 to 2033.
Tractor sales are predicted to expand strongly over the coming years as more farmers become less dependent on labor, which will boost demand for tractor tires throughout the forecast period.
Farm tires, usually referred to as agricultural tires, are used on a variety of farm machinery and vehicles, including tractors, harvesters, and sowers. The employment of cutting-edge equipment in agriculture has significantly increased crop productivity. As a result, more and more farmers and producers are using agricultural machinery.