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.
Read MoreThe 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.
Read MoreThe global Polyolefin Elastomers (POE) market size was valued at USD 2731.77 million in 2022 and is expected to expand at a CAGR of 9.9% during the forecast period, reaching USD 4811.93 million by 2028 according to Market Growth Reports.
Read MoreThe demand for dimethyl silicone is expected to reach US$ 2.5 billion in 2022 and is projected to increase at a CAGR of 4.55% to US$ 3.9 billion from 2022 to 2032. The global use of dimethyl silicone in the Chemicals & Materials sector is responsible for the market’s expansion according to Future Market Insights
Read MoreRubber is a popular resin in the splicing tapes market and is predicted to grow at a CAGR of 4.4% between 2022 and 2032
Read MoreThe global key manufacturers of Silicone Coatings include Wacker Chemie, Momentive Performance Materials, Shin-Etsu Chemical, Dow Silicones, KCC, Evonik, BASF, Chase and CHT, etc. In 2021, the global top five players had a share approximately % in terms of revenue.
Read MoreAccording to the report from InBox, the global injection molding machine market is expected to reach $64B by 2030, growing at a CAGR of 2.6% during the forecast period from 2022 to 2030. The expansion will be attributed to the rising demand for plastic products from various end-use industries such as automotive, packaging, healthcare, and consumer goods.
Read MoreAs per Fact.MR’s analysis, the global automotive and off-road vehicle hoses market is expected to expand steadily at a CAGR of around 5.4% from 2021 to 2031.
Read MoreLiquid Silicone Rubber Market is expected to grow at a CAGR of 8.3% during the forecast period 2023-2030 according to USD Analytics. Liquid Silicone Rubber (LSR) is a versatile material used in various applications due to its excellent properties such as high thermal stability, low toxicity, and resistance to chemicals and UV radiation. The LSR market is expected to grow significantly in the coming years due to the increasing demand from various end-use industries such as healthcare, automotive, electrical and electronics, and others.
Read MoreRising usage of phenolic resins across various applications including wood adhesives, molding, insulations, laminates, paper impregnation, coatings, and other applications such as abrasives, composites, carbon binders, friction materials, sound-roof bonding felt, and tires & rubbers are likely to present lucrative opportunities for phenolic resins during the forecast period.
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