Market Reports

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.

In the report, FMR suggests that the price volatility of natural rubber and the demand-supply mismatch makes key stakeholders look at an alternative such as hydrogenated nitrile butadiene rubber. Moreover, the automotive industry is the largest end-user of hydrogenated nitrile butadiene rubber and is likely to remain so for the foreseeable future. The aforementioned factors are anticipated to drive the growth of the global hydrogenated nitrile butadiene rubber market during the forecast period.

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are Wacker Chemie, Shin-Etsu Chemical, Elkem, Dow Chemical Company, Momentive, Gelest, KCC, Evonik Industries, Innospec, Specialty Silicone Products, Reiss Manufacturing, Siltech, etc.

The global medical injection molding market size is anticipated to reach USD 33.28 billion by 2030. The market is projected to advance at a CAGR of 5.7% from 2022 to 2030 according to Research and Markets. The global industry is primarily driven by the increased adoption of plastics in several healthcare products, coupled with rapid technological advancements in the medical sector.

Fluoroelastomers Market size accounted for US$ 1.6 billion in 2020 and is estimated to be US$ 2.00 billion by 2030 and is anticipated to register a CAGR of 2.7% according to Prophecy Market Insights

The global thermoplastic elastomers market is estimated to be USD 24.7 billion in 2022 and is projected to reach USD 33.9 billion by 2027, at a CAGR of 6.5% according to Future Market Research. Thermoplastic elastomers provide the characteristics of both plastics and elastomers. There are several type of thermoplastic elastomers are available in the market such as styrenic block copolymer (SBC), thermoplastic polyurethane (TPU), thermoplastic vulcanizates (TPV), thermoplastic polyolefin (TPO), polyester ether elastomer (COPE), and polyether block amide elastomer (PEBA), which are differentiated on the basis of price and performance. The properties such as easy moldability, heat stability, smoothness, wear resistance, and scratch resistance are widely used to provide the several properties in end-use industries.

The latest published report by Fact.MR, a market research and competitive intelligence provider, reveals that the global polyurethane market currently holds a valuation of US$ 83.1 billion, and is slated to expand 2X to reach a valuation of US$ 162.3 billion by the end of 2032

According to the FMI’s report, the Latex Mattress Market is projected to record a CAGR of 7% over the forecast period. Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Latex Mattress Market. FMI’s analysts rely on modern-day research methods for the compilation of the Latex Mattress Market report and gather data from a wide range of primary and secondary sources.

Phenolic Resins Market accounted for US$ 11.2 billion in 2020 and is estimated to be US$ 17.28 Billion by 2030 and is anticipated to register a CAGR of 4.5% according to Prophecy Marketing Insights. Phenolic resins are classified into two different types, novolacs and resoles. phenolic novolac resins and phenolic resol resins is used to create the polymer Phenolic resin these resin is also called as phenolic formaldehyde resin, phenolic resin is a synthetic resin is produced from the polymerization of a phenol (C6H5OH) and a formaldehyde (CH2C=O). Both have high temperature stability up to 300° – 350° C, high water and chemical stability. Phenolic resins are establish in numerous industrial products.

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 according to Future Market Insights. 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.