Market Reports

Silicone elastomers market is expected to reach at USD 13.5 billion in 2027 at a CAGR of 7.4% during the forecast period according to Markets and Markets. 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 in artificial heart valves & various prosthetic devices.

The ethylene copolymers market size is predicted to grow from US$ 57.4 Bn in 2022 to US$ 86.6 Billion in 2032. Previously, the ethylene copolymers market was thriving at a CAGR of 3.2% (2016-2021), resulting in a market size of US$ 55.43 Billion in 2021 according to Future Market Insights.

Market size is estimated to reach USD 239.13 Billion from USD 97.62 Billion in 2021, delivering a CAGR of 10.6% through 2030. The market growth is driven by the growing awareness about environmental damage incurred by vehicular emissions and the cumulative amount of pollutants emitted by the automobile industry according to ReportsandData.com

The global tire sensor market was valued at USD 6,638.85 Million in 2021, and it is expected to reach a value of USD 11,381.43 Million by 2027, at a CAGR of more than 9.40% over the forecast period (2022 – 2027) according to ResearchAndMarkets.com

As per the report published by Fior Markets, the global silicone gel market is expected to grow from USD 1.42 billion in 2019 to USD 2.39 billion by 2027, at a CAGR of 6.72% during the forecast period 2020-2027. The Asia Pacific market is anticipated to witness significant growth in China and India, owing to increasing the output in the chemical industry, increased investments in construction, chemical, electrical and electronics, and pharmaceuticals. The market in North America will have a positive impact, due to increasing use of silicone gel in pharmaceuticals and supportive government regulations and expenditure on healthcare industry. Europe is anticipated to be the fastest-growing market, owing to the increasing use of silicone in personal care goods and the presence of a large number of cosmetic manufacturers. Middle East region has supportive government regulations and is anticipated to fuel the market growth. Silicone gel acts as a catalyst support in the petrochemical industry for the production of chemical separation, polyolefin, filtration, and plastic products.

The defoamers market is estimated to clip a CAGR of 4.5% for the forecast period from 2022 to 2031. Rapid urbanization in developing countries, increasing number of smart city projects, and building & construction are some key factors fueling the growth of defoamers market. Defoamers’ market manufacturers are targeting high-growth end-use industries such as paints & coatings and paper &pulp for handsome ROI according to Transparency Market Research.

players identified across the value chain of the global elastomeric coatings market are BASF SE, Rhino Linings Corporation, PPG Industries, Inc., Teknos Group, Huntsman Corporation, Covestro AG, Sherwin-Williams Company, Pidilite Industries Ltd., Versaflex Incorporated, and DowDuPont Inc., among others.

The silicone surfactants market size was valued at USD 2.04 billion in 2021. The market size is expected to rise from USD 2.13 billion in 2022 to USD 2.99billion by 2029 at a CAGR of 5.0% during the projected period. Fortune Business Insights™ publishes this information in a report titled, “Silicone Surfactants Market, 2022-2029”. According to the report, the market is expected to rise during the forecast period due to increasing demand for personal care and skin care products.

FMI’s latest report on global Silicone Fluid market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Silicone Fluid market.

The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market for North America solid tires market from US$ 387.9 Million in 2021 to US$ 540.1 Million by 2027. The market is anticipated to grow at a CAGR of 5.7% during the forecast period 2022-2027. In terms of volume, the market is registering a CAGR of 5.3% during the forecast period.