Market Reports

Hürth, Germany – The year 2023 was a promising year for bio-based polymers: PLA capacities have been increased by almost

The global industrial rubber market shows that sales have reached US$ 57.2 Bn in 2022 and are projected to register a growth rate of 6.4% to climb to a market value of $106.4 Bn by the end of 2032 as per the research of Persistence Market Research. East Asia is anticipated to remain the most prominent regional market for industrial rubber suppliers.

The dimethyldichlorosilane market is expected to expand its roots at a promising CAGR of 4.8% during the forecast period. The global market holds an estimated revenue of US$ 1.19 Billion in 2022 and is likely to cross US$ 2.48 Billion by the end of 2032.

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.