Market Reports

Global Cellular Rubber demand is anticipated to be valued at US$ 8.4 Billion in 2022, forecast to grow at a CAGR of 5.91% to be valued at US$ 15 Billion from 2022 to 2032. Growth is attributed to increased demand for the automotive industries according to Future Market Insights

The global Neoprene Fabric market was valued at 1935.35 Million USD in 2021 and will grow with a CAGR of 3.04% from 2021 to 2027, based on research newly published report from 24Chemical Research

– The rubber additives market size is estimated to be USD 7.8 billion in 2021 and is projected to reach USD 9.3 billion by 2026, at a CAGR of 3.5% between 2021 and 2026 according to Markets and Markets. Rubber additives are used to improve the resistance of rubber against the effects of heat, sunlight, mechanical stress, and others. Different types of rubber additives are antidegradants, accelerators, and processing aids. Antidegradants include phenylenediamine, phosphite, phenolic compounds, and other chemicals. Accelerators comprise benzothiazole, sulfenamides, and others. Moreover, blowing agents, peptizers, and retarders are also used for processing rubber. The growth of the rubber additives market is primarily triggered by the growing automobile industry which in turn drives the need for rubber additives. The stringent government regulations foster manufacturers to comply with the environment standards. Thus, the government regulations coupled with the growing environmental concerns are expected to restrain the growth of the market. The opportunities for this market are rapidly increasing demand from the Asia-Pacific region and emergence of high-performance rubbers.

Silicones, also referred to as polydiorganosiloxanes by chemists, are stable and resistant to heat, electromagnetic radiation, and other diverse influences. Silicone fluids are odorless, transparent liquids that can resist extreme environments, such as heat, cold, and moisture. They can sustain temperatures ranging from below 60°C to +300°C. Moreover, silicone fluids are much stable than organic rubbers or polymers when exposed to UV and electromagnetic radiation. Its wide range of characteristics include excellent stability, low volatility, water repellence, and low surface tension. The fluids’ viscosity is determined by their molecular weight, although they are majorly liquid.

The global 1,3 Butadiene (BD) market was valued at 2468.95 Million USD in 2021 and will grow with a CAGR of 5.56% from 2021 to 2027, based on Research newly published report by the GrandResearchStore

Asia is the largest synthetic rubber production and consumption region around the globe, where synthetic rubber production and demand in 2020 were 8.365 million tons and 8.5 million tons separately, holding approximately 58.0% and 60.0% of global production and demand, while synthetic rubber production and demand in Europe were 3,645 kt and 3,160 kt separately as a percentage of about 25.3% and 22.2% of global total respectively. Synthetic rubber production and demand in the Americas were 2,403 kt and 2,420 kt, commanding about 16.7% and 17.0% of global total, respectively as reported by ReportLinker.

According to a new report published by Allied Market Research, titled, “North America and Asia-Pacific Silicone in Heavy Machinery Market by Product Type and Component: Opportunity Analysis and Industry Forecast, 2020–2027”, the North America and Asia-Pacific silicone in heavy machinery market size was valued at $0.8 billion in 2019, and is projected to reach $1.2 billion by 2027, growing at a CAGR of 5.6% from 2020 to 2027.

The market for TPU Films is expected to register a CAGR of over 6% during the forecast period (2022-2027) according to Report Linker.

Phenolic Antioxidant Market was valued at US$ 1.87 Bn. in 2021 and is expected to reach US$ 2.52 Bn. by 2027, at a CAGR of 5.10 % during a forecast period according to Maximize Market Research.

Green Tire Market Is Expected To Drive Sales At A 4% CAGR And Pushing The Market Size Close To US$ 39 Bn By 2032