Phenolic resin market forecast at $17.9 billion by 2030
Phenolic Resin Market Report is Expected to Grow from $13 Billion in 2022 to $17.92 Billion by 2030 at a CAGR of 4.1 % according to GreyViews
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Market Reports
Thermoplastic polyolefin elastomer consumption expected to exceed 2,890 KT by the end of 2031 at 4.7 percent CAGR
The latest study by Fact.MR on the Thermoplastic Polyolefin Elastomers (TPO) market reveals that consumption over the past half-decade increased by 4% CAGR to 1,890 KT in 2020. TPO consumption is expected to exceed 2,890 KT by the end of 2031 at 4.7% CAGR. The key factor driving the growth of the market is the divestment opportunity being opted in by key stakeholders in the TPO industry.
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India rubber products market for constuction forecast at $311 million by 2029
The India rubber products market for civil construction industry is expected to grow at a CAGR of 7.1% from 2022 to 2029 to reach $311.2 million by 2029 according to Research and Markets
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Fast curing nitrile butadiene rubber market forecast at 6 percent through 2028
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.
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Silicone coatings market forecast at $8.65 billion by 2030
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%.
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Global robot operating system market forecast at $1.4 billion by 2031
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
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Global automotive tire market forecast at $958 billion by 2033
The automotive tire market size is expected to grow at a CAGR of 6.6% from 2023 to 2033. The market is valued at US$ 503.9 Billion as of 2023, and by 2033, the market is expected to hit a valuation of US$ 958.8 Billion according to Future Market Insights.
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LIM and LSR injection machine market forecast at $212 million by 2028
The global LIM and LSR Injection Machines market size was valued at USD 138.1 million in 2022 and is expected to expand at a CAGR of 7.47% during the forecast period, reaching USD 212.77 million by 2028 according to 360 Market Updates.
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Carbon black market forecast at $23 billion by 2027
The global carbon black market size grew from $16.5 billion in 2022 to $17.91 billion in 2023 at a CAGR of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term, but carbon black market size is expected to grow to $23.39 billion in 2027 at a CAGR of 6.9%.
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Silicone coatings market forecast with a CAGR of 6 percent through 2032
Revenue from the global silicone coatings market currently stands at US$ 6.64 billion. Worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032, as per a new analysis by Fact.MR, a market research and competitive intelligence provider.
The silicone coatings market will be primarily driven by trends of industrialization and urbanization across the world. Rising construction activities, increasing use of silicone coatings in automotive manufacturing, and growing popularity of the features of silicone coatings are expected to favor market growth. However, high costs of production and increased availability of low-cost alternatives are anticipated to have a hindering effect on the demand growth of silicone coatings over the coming years.