Market Reports

The market for thermoplastic elastomers (TPEs) is expected to reach US$ 38.8 billion by the end of 2032, from an anticipated US$ 21 billion in 2022. Over the next 10 years, global demand for thermoplastic elastomers is expected to rise at a CAGR of 6.3% according to Fact.MR.

Butyl rubber is a type of synthetic rubber that has excellent air-retention properties, making it a popular material for manufacturing tire inner tubes, pharmaceutical stoppers, and other products requiring air-tight seals. The market leaders in butyl rubber are ExxonMobil, Sibur, and Lanxess, which collectively hold a significant share of the global market. Other players in the market include PJSC NizhneKamskneftekhim, JSR, Sinopec Beijing Yanshan, Formosa Synthetic Rubber (Ningbo), Zhejiang Cenway Synthetic New Material, and Panjin Heyun Group.

The global silicone surfactant market is currently valued at US$2.08 Billion in 2023 and is anticipated to expand at a CAGR of 4.66%. Owing to the increasing cosmetic care industry the market is likely to propel to US$ 3.28 Billion by 2033 according to Future Market Insights.

As per this latest study by Fact.MR, a provider of market research and competitive intelligence, the global automotive tire molds market is expected to garner US$ 2.39 billion by 2033, expanding at a CAGR of 4.4% from 2023 to 2033

The global market for Release Coatings estimated at US$171.9 Million in the year 2022, is projected to reach a revised size of US$259.8 Million by 2030, growing at a CAGR of 5.3% over the period 2022-2030. Silicone, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$146.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Silicone segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The global market for Performance Elastomers estimated at US$16.1 Billion in the year 2022, is projected to reach a revised size of US$24.3 Billion by 2030, growing at a CAGR of 5.3% over the period 2022-2030 according to Report Linker. Silicone Elastomers, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$15.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fluoroelastomers segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

Increasing construction activities worldwide has led to a surge in the demand for paints and coatings, which is expected to drive the sales of synthetic latex polymers. According to a recent research report by Fact.MR, a provider of market research and competitive intelligence, the global synthetic latex polymers market is projected to reach a value of US$ 98.8 billion by the end of 2033, expanding at a CAGR of 4.2% from 2023 to 2033.

The Global Rubber Additives Market was USD 4.80 Billion in 2021 and is growing at a CAGR of 3.90% year on year; it will reach $6.30 Billion in 2029 according to Reliable Business Insights.

The global thermoplastic vulcanizates market was valued at USD 2.6 billion in 2022 and is projected to reach USD 4.9 billion by 2032, growing at a cagr 6.5% from 2022 to 2032 according to Markets and Markets.

The global rubber process oil market is forecast to reach USD 2,927.6 Million by 2028, according to a new report by Reports and Data. These oils are special internal lubricants that are used in the formulation of rubber, improve its physical attributes, work as cost-effective extenders, encourage the fuse of fillers and different added substances, and others.