Market Reports

Market ReportsNewsrss6Silicone & Medical

Silicone oil market forecast with at CAGR of 4.4 percent through 2026

e 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.

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Synthetic polyisoprene rubber market forecast with a CAGR of 6.3 percent through 2031

FMI 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

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Market ReportsNewsrss6

Short fiber thermoplastics market forecast at $18.2 billion by 2031

Transparency Market Research delivers key insights on the global short fiber thermoplastics market. In terms of revenue, the global short fiber thermoplastics market is expected to expand at a CAGR of 5.3% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecast in its report on the global short fiber thermoplastics market.

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The industrial rubber market size is forecast to reach US$160 billion by 2026

The Industrial Rubber Market size is forecast to reach US$160 billion by 2026, after growing at a CAGR of 7% during 2021-2026. Natural rubber and synthetic rubber are often used in various end-use industries for applications such as belts, hoses, tubes, and bearings. The rapid growth in tire manufacturing has been contributing towards the industrial rubber products industry growth. In addition, there is a surge in the production of medical equipment, which as a result is increasing the demand for industrial rubber for the manufacturing of medical equipment. Furthermore, for the manufacturing of vehicles, the automotive industry uses industrial rubber in many of its parts and components, which is also set to accelerate the market growth during the forecast period

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Market ReportsNewsrss6

Precipitated silica market forecast with a CAGR of 4 percent through 2027

Global precipitated silica market was valued at US$ 3.5 Bn in 2018 and is anticipated to expand at a CAGR of ~4% during the forecast period according to Transparency Market Research. Among applications, the rubber segment held a major share of the global precipitated silica market in 2018. Increase in the demand for energy-efficient tires in the global automobile sector is anticipated to propel the segment during the forecast period. Energy-efficient tires filled with precipitated silica enable less fuel consumption with swift vehicle movement. The precipitated silica market in Europe is likely to expand at a rapid pace during the forecast period, owing to increase in expenditure on the construction of precipitated manufacturing facilities in the region.

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