Market Reports

Carbon Black, Silica & Reinforcing MaterialsMarket ReportsNewsrss2

Global carbon black market forecast at $18.09 billion by 2029

The global carbon black market size was valued at USD 12.61 billion in 2021. The market is projected to grow from USD 13.22 billion in 2022 to USD 18.09 billion by 2029, exhibiting a CAGR of 4.6% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with carbon black experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of -11.5% in 2020 as compared to 2019 according to Fortune Business Insights

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Market ReportsNewsrss1Tire Technology & Manufacturing

Global tire materials market forecast at $99.9 billion by 2028

The global tire materials market is projected to reach US$ 78.96 Bn by 2022, exhibiting growth at a CAGR of 4% during the forecast period according to Future Market Insights (FMI). The global tire materials market is estimated to create an incremental opportunity of US$ 99.99 Bn by the end of 2028. Shifting preference towards the production of sustainable green tires is expected to complement the growth in the market.

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Market ReportsNewsrss6

Global synthetic latex market forecast with a CAGR of 4.1 percent through 2026

The increasing demand for synthetic latex polymers for paints and coatings is driving the market growth. Latex-based paints and coatings have several advantages over oil-based paints and coatings including convenient usage, quick-drying, low or near zero VOCs, and ease to clean up and re-coat. These advantages of synthetic latex polymers are anticipated to boost their adoption for paints and coatings applications. Moreover, the growing construction and automotive sectors are supporting the growth of the market. Construction and automotive industries widely use synthetic latex polymers for various applications including paints, coatings, adhesives, sealants, carpets, and nonwoven textiles. Thus, the growing construction and automotive industries augment the growth of the synthetic latex polymers market as they are the leading end-use industries.

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Market ReportsNewsrss6

Global silicone coatings market forecast with a CAGR of 6 percent through 2032

Revenue from the global silicone coatings market currently stands at US$ 6.64 billion. Worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032, as per a new analysis by Fact.MR, a market research and competitive intelligence provider.
The silicone coatings market will be primarily driven by trends of industrialization and urbanization across the world. Rising construction activities, increasing use of silicone coatings in automotive manufacturing, and growing popularity of the features of silicone coatings are expected to favor market growth. However, high costs of production and increased availability of low-cost alternatives are anticipated to have a hindering effect on the demand growth of silicone coatings over the coming years.

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Market ReportsNewsrss4

Global silicone textile softeners market forecast with a CAGR of .2 percent through 2027

Silicone textile softener is a kind of textile auxiliaries, which is sourced from silicone polymers. It can adsorb in the textile fiber surface and make it smooth to change hand feeling.The manufacturers are concentrated in China, USA, Europe and Japan, of which China is the largest production region. Dow Corning is the largest manufacturer in the global market, which production reached 3029 MT in 2015.

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Market ReportsNewsrss6

Global silicone coatings market forecast at $11.8 billion by 2032

– Revenue from the global silicone coatings market currently stands at US$ 6.64 billion. Worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032, as per a new analysis by Fact.MR, a market research and competitive intelligence provider.
The silicone coatings market will be primarily driven by trends of industrialization and urbanization across the world. Rising construction activities, increasing use of silicone coatings in automotive manufacturing, and growing popularity of the features of silicone coatings are expected to favor market growth. However, high costs of production and increased availability of low-cost alternatives are anticipated to have a hindering effect on the demand growth of silicone coatings over the coming years.

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