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
Read MoreSurging 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.
Read MoreThe 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$1.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Two-Piece Molds segment is readjusted to a revised 0.7% CAGR for the next 7-year period. This segment currently accounts for a 34.5% share of the global Automotive Tire Molds market. Segmented molds are used for forming designs of tires for commercial vehicles with greater functionality. They are witnessing increasing adoption on account of their reduced complexity and easy working in comparison to two-piece molds. For long, the standard mold used for manufacturing automotive tires was the two-piece or the shell mold. Mold back in the two-piece mold is made of either forged aluminum or steel.
Read MoreVietnam exported 1.955 million tons of rubber in 2021, making this the largest volume of rubber exported in a year in the history of Vietnam’s rubber industry.
Read MoreThe most recent Ceresana report concerning the world market for carbon black shows that this important industrial base material is still mainly produced by incomplete combustion of fossil raw materials, most often from heavy petroleum fractions. The current market report predicts that the demand for carbon black will rise to 17 million tons per year by 2030
Read MoreThe cellular rubber market was valued at US$ 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.
Read Moree silicone oil market and it is poised to grow by $ 502.54 mn during 2022-2026, progressing at a CAGR of 4.20% during the forecast period accordign to ReportLinker. The report on the silicone oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read MoreFMI 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
Read MoreThe global Liquid Silicone Rubber Market is estimated to exceed the valuation of US$ 6.59 Bn by 2022. Surging application of liquid silicone rubber across industries such as construction, automotive, healthcare, and consumer goods among others is anticipated to favor the growth in the market
Read MoreStratview Research launched a report on the Sheet Molding Compound market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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