Market Reports

The Synthetic Rubber Market size is estimated to be USD 23.0 billion in 2022 and is projected to reach USD 28.9 billion by 2027, at a CAGR of 4.6% between 2022 and 2027, as per the recent study published by MarketsandMarkets™. Tire is the major application segment for synthetic rubber market. The recovery of automotive sector in the across the world is driving the synthetic rubber market during the forecast period. Moreover, the development of eco-friendly technologies for production of synthetic rubber and growing demand for electric & hybrid vehicles are new opportunities in synthetic rubber market.

The global thermoplastic elastomer market size was valued at USD 21.45 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2030 according to Grand View Research. Increasing consumption across various applications such as automotive, electrical and electronics, industrial, medical, and consumer goods has been instrumental in the global industry growth over the last few years. Increasing demand in automotive component manufacturing is expected to be a major factor driving the global industry over the forecast period. Regulatory intervention by environmental agencies aimed at carbon emission reduction through an increase in fuel efficiency has forced major automotive OEMs to incorporate plastics as a substitute for metals and alloys in automotive components.

In its new study, ESOMAR-certified market research and consulting firm, Future Market Insights (FMI), offers insights about key factors fueling the demand for Retread Tire. The report tracks the global sales of Retread tire in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the oil & gas industry in general, and retread tire in particular.

According to Facts & Factors Research, the global adhesive dressings market was assessed at about USD 2,200 Million in 2020 and is projected to produce revenue worth USD 3,300 Million by the end of 2026, expanding at a CAGR of roughly 6% between 2021 and 2026.

The global Injection Molding Machine market size was valued at USD 14870.0 million in 2021 and is expected to expand at a CAGR of 5.62% during the forecast period, reaching USD 20642.0 million by 2027 according to Research Reports World.

Lubricating Oil Additives Market is projected to be worth USD 21.80 Billion by 2030, registering a CAGR of 3.87% during the forecast period (2021 – 2030).

The sterile rubber stopper market size reached a valuation of US$ 2.1 Bn in 2022 and expected to reach US$ 3.1 Bn in 2032, at a 7% CAGR according to Future Market Insights.

The global pyrolysis oil market was valued at US$ 302.1 Mn in 2020. It is estimated to expand at a CAGR of 4% from 2021 to 2031. The global pyrolysis oil market is expected to reach the value of US$ 459.3 Mn by the end of 2031 according to Transparency Market Research.

A Latex Tourniquet is a tool for compressing or restricting. It is utilized to short-term restrict venous and arterial blood flow to a portion of an extremity. It is tied around a portion of the limb at a specific location so that pressure is given to the blood vessel walls. They consequently briefly restrict or halt the blood flow. This is frequently used in surgical settings to reduce blood loss and block arterial blood flow, resulting in a treatment that is largely bloodless. Tourniquets help block blood flow in emergency circumstances where there is a risk of significant blood loss, such as acute bleeding or when an artery has been severed.

The global medical tubing market is expected to grow from $9.61 billion in 2021 to $10.64 billion in 2022 at a compound annual growth rate (CAGR) of 10.70%. The medical tubing market is expected to grow to $14.94 billion in 2026 at a compound annual growth rate (CAGR) of 8.84% according to Report Linker.