Market Reports

Carbon Black, Silica & Reinforcing MaterialsMarket ReportsNewsrss5

Carbon black market forecast at $22 billion by 2027

– The global carbon black market attained a value of almost USD 15036.1 million in 2021. Aided by surging applications in tire manufacturing and automobile industries, the market is projected to further grow at a CAGR of 5.7% between 2022 and 2027 to reach a value of USD 22103.7 million by 2027 according to ResearchandMarkets.com

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Global rubber market expected to reach $51.21 billion by 2027

utomotive industry owing to its insulation property, and will propel the growth of the market during the forecast period, states Fortune Business Insights, in a report, titled “Rubber Market Size, Share and Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 40.77 billion in 2019

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High performance polyurethane elastomer market forecast at $27.19 billion by 2028

The global High Performance Polyurethane Elastomer Market is expected to reach a market size of USD 27.19 Billion at a rapid CAGR of 4.3% in 2028, according to the latest analysis by Emergen Research. Increase in the demand from automobile industry and footwear industry is a key factor driving the growth of the market. Durability, high temperature resistance, cut resistance, and abrasion resistance are important properties that increase demand for polyurethane elastomers.

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Silicone elastomer market forecast at $7.3 billion by 2030

Allied Market Research recently published a report, titled, “Silicone Elastomer Market by Product Type (High Temperature Vulcanized, Liquid Silicone Rubber and Room Temperature Vulcanized) and End-Use Industry (Automotive, Healthcare, Electronics, Apparel, Medical Devices, Home Repair & Hardware, Construction and others): Global Opportunity Analysis and Industry Forecast, 2021–2030” As per the report, the global silicone elastomer industry was accounted for $6.9 billion in 2020, and is expected to reach $7.3 billion by 2030, growing at a CAGR of 6.0% from 2021 to 203

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ECG cables and lead wires market projected to reach $3 billion by 2026

The global ECG cables and lead wires market is projected to reach USD 3.0 billion by 2026 from USD 2.1 billion in 2021, at a CAGR of 7.5% during the forecast period according to Markets and Markets. Market growth is driven by factors such as rising geriatric population, increasing prevalence of cardiovascular diseases (CVD), technological advancements, and implementation of favorable government regulations in developed countries

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