Market Reports

The market for fast curing nitrile butadiene rubber (nbr) is expected to grow at a CAGR of around 6% globally according to Mordor Intelligence. Major factor driving the market studied is the significant demand from automotive manufacturing segment, along with favorable outlook for the industrial activities. On the flip side, restrictions on use of phthalates in NBR formulations and other environmental regulations on rubber manufacturing and unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.

As per the research report Silicone Coatings Market published by Reports Insights, the market was worth USD 5.15 Billion in 2022 and is projected to reach over USD 8.65 Billion by the year 2030, growing at a CAGR of 6.7%.

Robot operating system, sometimes known as ROS, is a collection of open-source robotics middleware. However, it is not an operating system (OS); ROS is a collection of software frameworks for the creation of robot software. As such, it offers services such as hardware abstraction, low-level device control, the implementation of frequently used functionality, message-passing between processes, and package management that are intended for a heterogeneous computer cluster. In other words, ROS is a set of programming tools and code that assist projectors in running the computer code necessary to perform the action, as well as the infrastructure for doing so, such as messages travelling across processes

Sealants are widely used in the construction industry because of their applications, such as waterproofing, weather-sealing, and crack sealing. The global construction industry is expected to grow at 3.5% per annum up to 2030. Countries such as China, India, the United States, and Indonesia are expected to cover 58.3% of overall construction growth, due to which construction sealants cover the largest share of the global sealants market share by value.

The demand for medical gloves has increased due to the continuously rising number of surgeries, major chronic diseases, improved healthcare systems, and the essential nature of surgical gloves are some of the primary growth drivers for the market. According to our research report, Worldwide Medical Gloves Market is expected to grow with a double digit CAGR of 7.65% from 2022 to 2027.

The market for butyl elastomers is estimated to be worth US$ 4.22 billion in 2022 and to grow at a CAGR of 6% to reach US$ 7.46 billion by 2032 according to Future Market Insights.