Market Reports

The global medical gloves market, valued at USD 11.09 billion in 2021, is expected to grow at a CAGR of 9.69% to reach USD 19.32 billion by 2027 according to Arizton. Medical gloves are essential to personal protective equipment (PPE) kits that protect against harmful bacteria and viruses. Thus, the global medical gloves market is expected to grow as healthcare facilities, such as hospitals, diagnostics labs, clinics, and others, support the growth. As it helps health professionals and patients prevent contamination, thereby reducing the spread of infections and disease transmission. The global medical gloves market shipments are expected to reach 524.41 billion units by 2027.

The Conductive Silicone Rubber Market is estimated to reach USD 9.67 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the rising demand for lightweight automobile parts because of improved fuel efficiency and reduced emissions in various industries globally. Based on statistics, increased significance of anti-static packaging for the purpose of dust control during electric charge is expected to become the most common growth factor globally in the coming years. High customer requirements and increase in demand from the automotive industries are also significant factors stimulating market demand.

According to this analysis, Vietnam’s rubber enterprises are expanding their sales markets and improving the production of Vietnam’s rubber industry. Due to the wide range of downstream uses of natural rubber and huge global demand, there are many investment opportunities in both cultivation and trade of natural rubber. The analyst expects Vietnam’s natural rubber exports to continue to grow in 2022-2031.

The global injection molding machine market is projected to reach USD 20.49 billion by 2027, exhibiting a CAGR of 4.1% during the forecast period. Advent of smart manufacturing technologies will generate numerous innovation opportunities in this market, shares Fortune Business Insights™ in its report, titled “Injection Molding Machine Market Size, Share, and Regional Forecast, 2020-2027”.

he global waterproof adhesives & sealants market size is projected to grow from USD 23.4 billion in 2022 to USD 31.3 billion by 2027, at a CAGR of 6.0% between 2022 and 2027 according to Markets and Markets. Increasing demand for waterproof adhesives & sealants from emerging markets and growth in building & construction and packaging industry are driving the market.

The Off-road Tires Market is set to grow from its current market value of more than USD 420.5 billion to over USD 700 billion, as reported in the latest study by Global Market Insights Inc.

The European Union has placed strict norms with respect to worker and food safety. The food processing sector has undergone some tremendous advancements which has increased the need for NBR latex disposable and reusable gloves.
Gloves play an important role in handling food items as they serve two purposes: one is that the food does not come in direct contact with the worker’s hands, thereby keeping the items safe from contamination. The other purpose is that the worker is safe from getting any food particles on his hands, helping him work on other processes with ease. These gloves have high rebound resilience and great resistance to wear and tear, increasing their demand among end-users in the food processing industry in Europe.

The global rubber processing chemicals market features a fairly competitive landscape, notes Transparency Market Research (TMR). The top four players—BASF SE, Lanxess Aktiengesellschaf, Akzo Nobel N.V., and Eastman Chemical Company—accounted a combined share of nearly 41% in 2015. Leading players are likely to retain their dominance on account of their wide product portfolio and a robust geographic reach. Some of the other prominent manufacturers in the rubber processing chemicals are Emerald Performance Materials, Solvay, Merchem Limited, China Petroleum & Chemical Corporation, and Sumitomo Chemical Company.

– The global Modified Silicone market was valued at US$ 634.4 million in 2020 and it is expected to reach US$ 857.5 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.

– The global highly reactive polyisobutylene (HR-PIB) market was valued at US$ 330.6 Mn in 2021. It is estimated to grow at a CAGR of 7.0% from 2022 to 2031. The global highly reactive polyisobutylene (HR-PIB) market is expected to reach US$ 607.9 Mn by the end of 2031 according to Transparency Market Research.