Market Reports

FMI analysts expect the synthetic polyisoprene rubber market to grow at a CAGR of 6.3% during the period, 2022-2031, driven by incorporation of innovative materials in medical gloves production to prevent the risk of latex allergy along with increasing demand for highly efficient adhesives in building & construction industry.

– Europe automotive green tires market is anticipated to record a substantial share of over 20% through 2027. This is because regulatory bodies in Europe comprising federal and regional have implemented standards and regulations for the purpose of curbing vehicular emissions.

The Global “Re-dispersible Latex Powder (RDP) Market”projected to grow from CAGR of 4.47% during 2022-2027. Report on “Re-dispersible Latex Powder (RDP) Market” 2022-2027 Report helps to Development Strategy for Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, by regions, by consumers and also their price change details. As an in depth Analysis report, it covers all key attributes analysis and opinion for Re-dispersible Latex Powder (RDP) industry. The research provides strategically important competitor insights to formulate effective RandD strategies. Likewise, the report reviews key companies involved in Re-dispersible Latex Powder (RDP) and enlists all their major and minor projects

Surging carbon footprint attributed to heavy automotive usage has led manufacturers to improve existing vehicle tire designs has significantly heightened demand for low rolling resistance tires, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global low rolling resistance market is slated to surpass a staggering CAGR of 11% across the forthcoming decade.

Amid the COVID-19 crisis, the global market for Nitrile Gloves estimated at US$14.1 Billion in the year 2020, is projected to reach a revised size of US$57.1 Billion by 2026, growing at a CAGR of 23.3% over the analysis period. Powder-Free, one of the segments analyzed in the report, is projected to grow at a 24.8% CAGR to reach US$59.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Powdered segment is readjusted to a revised -2.8% CAGR for the next 7-year period. This segment currently accounts for a 9.6% share of the global Nitrile Gloves market.
The U.S. Market is Estimated at $11.4 Billion in 2021, While China is Forecast to Reach $13.6 Billion by 2026

Silicone elastomers are mainly used in the manufacturing of electrical insulation materials. They are also used in the aircraft industry for the development of insulating layers and high-temperature air ducts. Some silicone elastomers are also used in the manufacturing of sealants. Their physiological inertness makes them suitable for use in healthcare, especially for blood transfusions and artificial heart valves & various prosthetic devices.

New York, NY – Europe silicone rubber market size is expected to reach a valuation of US$ 1.6 Bn by the end of 2022. Growth in the market is attributed to the rising application of liquid silicone rubber in healthcare, construction, and automotive industries according to FactMR.

Cast elastomers refer to the materials that can be stretched and do not instantaneously recover on release. These are thermosetting, as are synthetic and natural rubbers. The global cast elastomer market is being driven by increasing manufacturing activities in emerging economies and increasing demand from high-value end-use industries.

The global automotive silicone market size is projected to grow from USD 2.2 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 7.1% between 2022 and 2027. Increasing demand for automotive silicone from emerging markets and growth in transportation industry are driving the market according to Markets and Markets.

The global Nitrile Rubber (NBR) Latex market was valued at 2352.2 million in 2021 and is projected to reach US$ 4432.6 million by 2028, at a CAGR of 9.5% during the forecast period according to 24 Chemical Research.