Market Reports

The global zinc oxide market is projected to reach US$ 7.3 Bn by 2032, with sales growing at a 6.4% CAGR over the assessment period of 2022 and 2032 according to Future Market Insights. Increasing demand for zinc oxide in the rubber industry owing to the growth in the automotive sector is expected to remain a key driving factor.

Global demand for rubber derived unrefined pyrolysis oil market is anticipated to witness a CAGR of 5.5% in Europe market, predicts Future Market Insights (FMI). Increase in government initiatives to decrease the utilization of crude oil derived products to reduce the carbon footprint is expected to drive the market.

The global bioplastics & biopolymers market was valued at USD 10.81 billion in 2021 and is expected to grow at a CAGR of 22.8% during the forecast period according to Polaris Market Research. Bioplastics can be biobased, biodegradable, or both. Biobased plastics are obtained partly from biomass such as corn, sugarcane, or cellulose. Biodegradable bioplastics possess the ability to readily break down into biomass through bacteria and enzymes. As compared to traditional plastics, these break down naturally at a higher pace, reducing the impact on the environment.

The silicone makeup sponge market is anticipated to register a CAGR of 7% during the forecast period, up from US$ 638.58 Mn in 2022 to reach a valuation of US$ 1256.19 Mn by 2032 according to Future Market Insights.

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.

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.

The Butyl Rubber Market is valued at USD 3.98 Billion in 2021 and expected to reach USD 5.91 Billion by 2028 with a CAGR of 5.8% over the forecast period according to the latest report from Brandessence Market Reseach

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.

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.