Market Reports

Silicone Structural Glazing Market is projected to be worth USD 55.7 Billion by 2027, registering a CAGR of 7.6% during the forecast period (2020 – 2027) according to Market Research Future. The use of silicone adhesive along with the glass is known as the glazing technique. There is the use of metal and other panel materials for this purpose too. This silicone structural material is used as the sealant for construction. In both industrial and commercial buildings, the use of silicone structural glazing is prevalent.

The U.S. Chemical Production Regional Index (U.S. CPRI) fell by 0.4% in November following declines of 0.4% in September and 0.3% in October, according to the American Chemistry Council (ACC).

The global Automotive Silicone Market size is expected to reach USD 5.38 Billion in 2030 and register a revenue CAGR of 6.7% over the forecast period, according to latest report by Reports and Data. Market revenue growth is expected to be driven by rising demand for lightweight, efficient, and durable vehicles worldwide. This can be attributed to shifting lifestyle trends and high disposable income of automotive consumers.

In the changed post COVID-19 business landscape, the global market for Rubber Process Oil estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027 according to Report Linker. Naphthenic, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$903.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the TDAE segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The global bio-based elastomers market is expected to be worth $513 million in 2023 and $1,901.8 million by 2033. During the forecast period of 2023 to 2033, the predicted growth rate is about 14% according to Future Market Insights. 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.

The global natural rubber market demand reached a volume of 15.2 million metric tons in 2020. The demand is further expected to grow at a CAGR of 4.8% in the forecast period of 2023-2028 according to Expert Market Research.

The global silicone surfactant market is currently valued at US$ 2.08 Billion in 2023 and is anticipated to expand at a CAGR of 4.66%. Owing to the increasing cosmetic care industry the market is likely to propel to US$ 3.28 billion by 2033 according to Future Market Insights.

According to Market Growth Reports’ latest study, due to COVID-19 and Russia-Ukraine War influence, the global Nitrile Butadiene Rubber (NBR) market size was valued at USD 2602.2 million in 2021 and is forecast to a readjusted size of USD 3328.4 million by 2028 with a CAGR of 3.6% during review period.

According to a recent thermoplastic pipe market report by Future Market Insights (FMI), the thermoplastic pipe market was valued at US$ 2.5 Bn in 2021, is projected to reach US$ 8.5 Bn by 2032, and is anticipated to grow at a CAGR of around 4.5% over the projected period of 2022-2032.

The present-day valuation of the market for thermoplastic elastomers (TPEs) is US$ 21 billion, which is forecasted to reach US$ 38.8 billion by the end of 2032 according to MENAFN. Worldwide demand for thermoplastic elastomers is set to escalate at a CAGR of 6.3% over the next ten years.