Market Reports

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.

The tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Bn by 2032 according to Future Market Insights.

he global styrene butadiene rubber (sbr) market is expected to grow from $33.52 billion in 2021 to $35.59 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The market is expected to grow to $44.31 billion in 2026 at a CAGR of 5.6% according to Research and Markets.

In 2022, the market for rubber tapes is anticipated to generate US$ 914.3 Mn. Market valuation is anticipated to reach US$ 1.4 Bn in 2032, with sales increasing at a 4.4% CAGR. According to Future Market Insights, ethylene polypropylene rubber tapes will become the most popular product types on the worldwide rubber tapes market. Over the evaluation period, ethylene polypropylene rubber tape sales are anticipated to increase overall by 1.6 times.

Global silicone fluids consumption is expected to be valued at US$ 5.4 billion in 2022, rising at a CAGR of 6.03% to US$ 9.7 billion between 2022 and 2032. The market is expected to grow due to rising personal care industry demand and technological advances in the United States.

Future Market Insights estimates the global silicone release liners market to grow at 8.1% CAGR during the period 2021-31. The market has been forecast to offer an incremental opportunity of US$ 1.5 Bn in the span of next 10 years.

IDTechEx’s new report, “Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook”, finds that polymer 3D printing is moving beyond prototyping to high-value adoption by end-users, which will propel its growth to US$21.1 billion in 2033.

The market for self-fusing silicone tapes is anticipated to reach USD 1,106 million by 2032 at a CAGR of 4.2% from USD 736 million in 2022 according to Future Market Insights.

Agriculture tires, as the name implies are dedicated to complete farm or agriculture use. These tires have diagonal thread angled at 45 degrees. The treads provide maximum traction thereby allowing the tractor to move quickly through mud and soil. These are available in various sizes and diameter, for many kinds of equipment, including tractors, combine harvesters, sprayers, trailers, and skid steer loaders. These are made from supreme quality rubber for life long and better performance to remain durable on and off the field. They have substantial ribs and voids for traction in soft terrain. These tires have increased fuel efficiencies and hillside stability. Some tires have diamond tread design for minimal soil disruption.

The chlorinated polyethylene resins and elastomers market is anticipated to generate US$ 600 million by 2022 and US$ 1,297 million by 2032, growing at a CAGR of 8% according to Future Market Insights.