Market Reports

The eurozone manufacturing sector was again a key source of weakness. Production was down markedly in July, and to the largest extent in the year-to-date. As such, a rise in services activity stopped the overall private sector from falling into contraction. That said, the expansion in the service sector was only modest and the weakest since March. The two largest euro area economies continued to underperform the wider region. Output in Germany decreased for the first time in four months, while France posted a third consecutive monthly reduction in business activity. This performance contrasted with continued growth across the rest of the euro area, albeit the latest increase in output was the least marked since January.

As per a recently published report by Future Market Insights, sales of adhesive films market are projected to reach US$ 29.8 billion in 2033 from US$ 19.1 billion in 2023. The market is estimated to witness a CAGR of 4.6% between 2023 and 2033.

The silicone fluid industry is to surpass US$ 9.7 Billion by 2032, according to the latest report for Future Market Insights. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.

The global rubber tire market is characterized by steady growth driven by several factors, including increased vehicle production, expanding transportation infrastructure, and rising consumer demand for high-performance and durable tires. Major players in the industry include Bridgestone, Michelin, Goodyear, Continental, and Pirelli, among others.
The global rubber tire market size was USD 149.4 Billion in 2022 and is likely to reach USD 208.99 Billion by 2031, expanding at a CAGR of 3.8% during 2023 – 2031 according to Growth Market Reports.

Several variables are affecting the growth and development of the reclaimed rubber business. The growing emphasis on sustainability and environmental responsibility is an important factor. Manufacturers are turning to reclaimed rubber as a more sustainable alternative to virgin rubber as worries about resource depletion and waste management grow. Reclaimed rubber has advantages such as decreased carbon footprint, reduced trash output, and natural resource conservation. Another motivating aspect is cost-effectiveness. Reclaimed rubber is less expensive than virgin rubber, making it an appealing solution for enterprises looking to reduce production costs and increase profitability.

The global dimethyldichlorosilane industry size is expected to grow at a robust CAGR of 8.5% from 2022 to 2032 according to Future Market Insights. The target market will accrue a revenue of US$ 2.48 billion by 2032, as opposed to US$ 1.19 billion in 2022.

Pune, India – The Brainy Insights projects that the global medical nitrile gloves market, valued at USD 4 billion in

The global oil and gas seal industry value reached USD 1116.5 million in 2023 according to Future Market Insights. Over the forecast period, the value is anticipated to rise at 4.4% CAGR. The market is predicted to increase from USD 1216.9 million in 2024 to USD 1871.8 million in 2034.

Economic activity in the manufacturing sector contracted in June for the third consecutive month and the 19th time in the last 20 months, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

Global sales of silicone, estimated at USD 18,432.1 million in 2024, are projected to escalate to USD 29,456.9 million by 2034. This growth reflects a compound annual growth rate (CAGR) of 4.8% over the forecast period according to Future Market Insights. The steady rise in silicone demand can be attributed to its versatile applications across various industries, including automotive, construction, electronics, and healthcare, where its unique properties such as thermal stability, low toxicity, and flexibility are highly valued. This upward trend underscores the expanding utilization and innovation in silicone-based products, driven by ongoing advancements and an increasing focus on sustainable and high-performance materials.