Market Reports

Carbon Black, Silica & Reinforcing MaterialsMarket ReportsNewsrss6

Carbon black market forecast at $22.1 billion by 2028

The key players are Aditya Birla, Cabot Corporation, Orion Engineered Carbonss, Black Cat Carbon Black, China Synthetic Rubber Corporation (CSRC), Tokai Carbon Co., Ltd., Omsk, Phillips Carbon Black Limited, Sid Richardson, Longxing Chemical, HUADONG RUBBER MATERIAL, BAOHUA, JINNENG, DAGUANGMING GROUP etc. Top 3 companies occupied about 44% market share.

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Market ReportsNewsrss6

Global in-mold coatings market to reach $273.8 million by 2027

Reportlinker.com announces the release of the report Global In-Mold Coatings Industry. In the changed post COVID-19 business landscape, the global market for In-Mold Coatings estimated at US$196.9 Million in the year 2020, is projected to reach a revised size of US$273.8 Million by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Sheet Molding Compounds, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$120.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermoplastics segment is readjusted to a revised 4.3% CAGR for the next 7-year period.

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Market ReportsNewsrss4

Thermoplastic elastomer market forecast at 27 billion by 2031

Soft and flexible, yet easy and inexpensive to process: Thermoplastic elastomers (TPE) are elastic like rubber at room temperature, but can be melted and repeatedly molded like standard plastics. “Thermoplastic elastomers offer high strength and are robust; they can be welded watertight and colored in a variety of ways. In principle, TPEs can also be recycled,” explains Oliver Kutsch, CEO of the market research institute Ceresana: “These innovative materials are conquering more and more application areas. TPEs are also interesting because components can be made from renewable raw materials or combined with bioplastics.” This is the fourth time Ceresana has analyzed the global market for thermoplastic elastomers: By 2031, revenues generated with TPEs are expected to increase to almost USD 27 billion. However, growth will be driven not only by increasing demand, but also by price inflation.

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Market ReportsNewsrss6

Global perfluoroelastomer (FFKM) market forecast at $467 million by 2028

Perfluoroelastomer (FFKM) for Semiconductors is expected to grow from an anticipated USD 206.7 million in 2021 to a revised size of USD 206.7 million by 2028, expanding at a CAGR of 4.9% throughout the study period due to the COVID-19 pandemic. Perfluoroelastomer (FFKM) for Semiconductors, which accounted for (%) of the global market in 2021, is expected to value USD million by 2028, rising at a revised (%) CAGR in the post-COVID-19 era, taking into account the full impact of this health crisis on the economy. In contrast, the CAGR for the by Type category has been adjusted downward from (%) to (%) for the duration of the forecast horizon.

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Market ReportsNewsrss6

Medical grade silicone market valued at $2 billion by 2030

Growing preference towards enhancing appearance using minimally invasive cosmetic procedures has increased the usage of compounds such as silicone. Silicone can be converted into various topical forms. It can be applied on the skin as a gel or ointment and as gel sheeting. Medical-grade silicone is comfortable and soft to use. These polymers are also biocompatible, and their inertness makes them safer for use in long-term implants, thus increasing product acceptance.

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Market ReportsNewsrss6

Global automotive hoses market forecast with a CAGR of 5.4% through 2031

Growing number of on-road vehicles with rise in demand for passenger cars, increase in material advancements by manufacturers, and rising number of manufacturing facilities, distributors, and suppliers in countries such as China, India, and the U.S. are driving demand for automotive and off-road vehicle hoses. Increasing demand for two wheelers and three wheelers in countries such as China and India is also accelerating market growth.

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