Market Reports

ealants estimated at US$8.4 Billion in the year 2020, is projected to reach a revised size of US$11.9 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Silicone, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$4.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polyurethane segment is readjusted to a revised 5.3% CAGR for the next 7-year period according to ReportLinker.

The global Conductive Carbon Blacks market was valued at US$ 143 million in 2021 and is projected to reach US$ 202.6 million by 2028, at a CAGR of 5.1% during the forecast period according to 24ChemicalResearch. The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

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. Analysts also expect that demand coming from high-end applications can offer larger profit pools, which should compel the manufactures to center their focus on developing material with high purity targeted at specific end-use applications.

The global isoprene rubber latex market is anticipated to expand at 8.1% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent analysis. Increasing demand of medical gloves and condoms will continue driving the isoprene rubber latex sales. Growing utilization in medical and consumer goods industry will create conducive environment for the growth of the market in the coming years.

The silicone adhesives and sealants market share is expected to increase by USD 5.42 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.37% according to the latest report from Technavio

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.

The global market for Automotive Tire Molds estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2026, growing at a CAGR of 3.7% over the analysis period according to Global Industry Analysts, Inc. Segmented Molds, one of the segments analyzed in the report, is projected to grow at a 5.1% CAGR to reach US$1.3 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 Two-Piece Molds segment is readjusted to a revised 0.7% CAGR for the next 7-year period. This segment currently accounts for a 34.5% share of the global Automotive Tire Molds market. Segmented molds are used for forming designs of tires for commercial vehicles with greater functionality. They are witnessing increasing adoption on account of their reduced complexity and easy working in comparison to two-piece molds. For long, the standard mold used for manufacturing automotive tires was the two-piece or the shell mold. Mold back in the two-piece mold is made of either forged aluminum or steel.

Vietnam exported 1.955 million tons of rubber in 2021, making this the largest volume of rubber exported in a year in the history of Vietnam’s rubber industry.

The cellular rubber market was valued at US$ 8,115.83 million in 2021 and is projected to reach US$ 10,884.41 million by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028 according to ResearchandMarkets.