Market Reports

Economic activity in the manufacturing sector grew in July, with the overall economy achieving a 26th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

Rubber is a staple commodity in industrial supply chains but the price is extremely volatile and is currently at record lows. Indonesia, Thailand, and Malaysia account for almost 70% of natural rubber and they have cut their exports as a result of plummeting prices. Thus, there is a shift towards synthetic rubbers such as hydrogenated nitrile butadiene rubber, especially in emerging economies. As the world’s population is growing rapidly, urbanization is the need of the hour. A large middle class demands real estate and self-mobility as both are usually viewed as a status symbol. Synthetic rubbers find widespread application in high-performance products directly contributing to the growth of the hydrogenated nitrile butadiene rubber market.

Report Oceans recently published a study in which it evaluated the growth of elastomers in the 3D printing market. The organization estimates that the elastomers market will reach 1.389 billion dollars within eight years, with an annual growth of 22.5% from 2022 to 2030. The healthcare and automotive sectors are expected to be the two markets that will largely be responsible for this increase. One big reason that suggests that is the fact that elastomers have many interesting properties for these two demanding sectors.

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 342.1 million units in 2022, compared to 335.2 million units in 2021 and 332.7 million units in 201

The Silicone Market is estimated at USD 17.8 Bn in 2022 & strengthening the market value to USD 31.2 Bn by 2030, at Compound Annual Growth of 7.47% according to Market Data Centre. The Silicone Market is projected to grow at a solid pace during the forecast period. The presence of key players in the ecosystem has led to a competitive and diverse market. The advancement of digital transformation initiatives across multiple industries is expected to drive the worldwide Silicone Market during the study period.

The global silicone sealants market was valued at USD 3.78 billion in 2021 and is projected to reach USD 6.50 billion by 2030, registering a CAGR of 6.2% from 2022 to 2030 according to Strait Research. Asia Pacific region held the highest share of the silicone sealants market in 2020, up to 45 percent.

vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading latex medical gloves market vendors that include Ansell Ltd., B. Braun SE, Cardinal Health Inc., Clean Grip ( Malaysia) Sdn. Bhd, Dynarex Corp., Hartalega Holdings Bhd, Kanam Latex Industries Pvt. Ltd, Kimberly Clark Corp., Kossan Rubber Industries Bhd, Mercator Medical SA, Owens and Minor Inc., Raclac SA, Rubberex Corp. (M) Berhad, Semperit AG Holding, SHIELD Scientific BV, Thermo Fisher Scientific Inc., Top Glove Corp. Bhd, Troge Medical GmbH, UG Healthcare Corp. Ltd., and Valutek Inc.

Medical Adhesive Tapes Market size was valued at USD 8.9 Billion in 2021 and is projected to reach USD 14.2 Billion by 2030, growing at a CAGR of 5.40% from 2022 to 2030 according to Verified Market Research.

The global isoprene rubber latex market is anticipated to expand at 8.1% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent analysis. Increasing demand of medical gloves and condoms will continue driving the isoprene rubber latex sales. Growing utilization in medical and consumer goods industry will create conducive environment for the growth of the market in the coming years.