Market Reports

Market ReportsNewsrss4

Polyol market forecast at $49.3 billion by 2027

The Polyol market size is estimated to be USD 36.7 Billion in 2022 and is projected to reach USD 49.3 Billion by 2027, at a CAGR of 6.1% according to Reportlinker.com. The polyols are segmented into two types i.e., polyether polyols and polyester polyols. Polyether polyols are majorly used in cushioning for furniture, bedding, and automotive seats as flexible foam. Polyether-based rigid foams are used in packaging, refrigeration, and insulation materials. Owing to the recovery of several end-use industries such as automotive, building and construction, from the COVID-19 pandemic, and the increasing demand for packaging worldwide is projected to increase the demand for polyols in the forecast period.

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Market ReportsNewsrss4

Global latex condom sales forecast increasing with a CAGR of 11.2 percent

Condoms market industry analysis report by Persistence Market Research shows that global sales of the Condoms Market in 2021 were held at US$ 10.2 Bn. With 11%, the projected market growth during 2022 – 2032 is expected to be higher than the historical growth. Latex Condoms are expected to be the highest revenue-generating segment, accounting for a CAGR of nearly 11.2% during 2022 – 2032.

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Market ReportsNewsrss5

Global green tire market forecast at $78 billion by 2032

The global green tire market is anticipated to reach a value of US$ 78.6 Bn in 2032 while growing at a robust CAGR of 9.7% over the forecast period of 2022 to 2032. Valued at US$ 28.6 Bn in the year 2021, the green tire market is predicted to reach an estimated US$ 31.1 Bn by the end of 2022. Soaring demand for eco-friendly, lightweight, and fuel-efficient tires has fueled the green tire market to expand at a rapid pace during the projected period. The market growth of green tires is further influenced by the prevailing trends in the passenger vehicle segment in the upcoming years according to Future Market Insights

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Market ReportsNewsrss5

Silicone structural glazing market forecast at $55 billion by 2027

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.

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Market ReportsNewsrss6

Global elastomer market forecast at $165 billion by 2030

The global elastomers market size will reach around USD 104.75 billion in 2023. According to Precedence Research, the global elastomers market size was estimated at USD 98.17 billion in 2022 and it is projected to hit around USD 165 billion by 2030 and growing at a CAGR of 6.71% from 2022 to 2030.Elastomers are polymers having weak intermolecular interactions between the molecules that have both elasticity and viscosity. Elastomers are mostly thermoset but thermoplastic types are considered for injection of molding application. Elastomers have temperatures below room temperature used for glass transition which provides them with flexibility beyond transition temperatures. Elastomers have a high demand in different end-use manufacturing units due to ample flexibility. Prominent products using elastomers include adhesives, molded flexible parts in automotive and seals.

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