The 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 $64B by 2030, growing at a CAGR of 2.6% during the forecast period from 2022 to 2030. The expansion will be attributed to the rising demand for plastic products from various end-use industries such as automotive, packaging, healthcare, and consumer goods.
Read MoreAs per Fact.MR’s analysis, the global automotive and off-road vehicle hoses market is expected to expand steadily at a CAGR of around 5.4% from 2021 to 2031.
Read MoreLiquid Silicone Rubber Market is expected to grow at a CAGR of 8.3% during the forecast period 2023-2030 according to USD Analytics. Liquid Silicone Rubber (LSR) is a versatile material used in various applications due to its excellent properties such as high thermal stability, low toxicity, and resistance to chemicals and UV radiation. The LSR market is expected to grow significantly in the coming years due to the increasing demand from various end-use industries such as healthcare, automotive, electrical and electronics, and others.
Read MoreRising usage of phenolic resins across various applications including wood adhesives, molding, insulations, laminates, paper impregnation, coatings, and other applications such as abrasives, composites, carbon binders, friction materials, sound-roof bonding felt, and tires & rubbers are likely to present lucrative opportunities for phenolic resins during the forecast period.
Read MoreThe global bio-based elastomers market is anticipated to hold a market value of US$ 513 Million in 2023 and US$ 1,901.8 Million by 2033. The projected growth rate is nearly 14% during the forecast period from 2023 to 2033. The benefits provided by bio-based elastomers over crude oil-based elastomers regarding volatile organic compounds emissions are expected to contribute to the growth of the market. Major crude oil-based elastomer manufacturers are extensively engaging in developing bio-based elastomers.
Read MoreThe rapid surge in the organic growth of various end-user industries including automobile, aerospace, and office equipment, among others, and the extensive rise in the number of construction activities coupled with the growing proliferation of mold-release coated plastics and high expenditure on research & development related activities are primary factors driving the demand and growth of the global market. The use of these agents helps to significantly reduce the operational cost and time and further provide a greater surface finish and eliminate the issue of porosity
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