Market Reports

The global High Performance Polyurethane Elastomer Market is expected to reach a market size of USD 27.19 Billion at a rapid CAGR of 4.3% in 2028, according to the latest analysis by Emergen Research. Increase in the demand from automobile industry and footwear industry is a key factor driving the growth of the market. Durability, high temperature resistance, cut resistance, and abrasion resistance are important properties that increase demand for polyurethane elastomers.

Allied Market Research recently published a report, titled, “Silicone Elastomer Market by Product Type (High Temperature Vulcanized, Liquid Silicone Rubber and Room Temperature Vulcanized) and End-Use Industry (Automotive, Healthcare, Electronics, Apparel, Medical Devices, Home Repair & Hardware, Construction and others): Global Opportunity Analysis and Industry Forecast, 2021–2030” As per the report, the global silicone elastomer industry was accounted for $6.9 billion in 2020, and is expected to reach $7.3 billion by 2030, growing at a CAGR of 6.0% from 2021 to 203

The automotive tire aftermarket market is expected to grow from US$ 105,869.22 million in 2021 to US$ 159,497.33 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028 according to the Insight Partners.

The global ECG cables and lead wires market is projected to reach USD 3.0 billion by 2026 from USD 2.1 billion in 2021, at a CAGR of 7.5% during the forecast period according to Markets and Markets. Market growth is driven by factors such as rising geriatric population, increasing prevalence of cardiovascular diseases (CVD), technological advancements, and implementation of favorable government regulations in developed countries

Silicone coating market size is forecast to reach US$8.6 billion by 2027 after growing at a CAGR of 5.8% during 2022-2027 according to Industry ARC. The silicone coatings are employed in various end-use industries such as building and construction, automotive, and others due to silicone water repellents features, which have a waterproofing tendency, this results in more durability. Moreover, for coating applications, silicon-based polymers are excellent materials because these compounds offer exceptional features such as high chemical, thermal, and UV resistance, as well as robust adherence to most surfaces. The silicone coating market is majorly driven by the growing demand from the consumer goods industry. Similarly, the expanding demand from the automotive industry is also fueling the growth of the silicone coating industry.

Future Market Insights (FMI), an ESOMAR-certified market research firm, in an updated edition of its report, revised the forecast to 8.7% CAGR. This revised forecast takes into account sluggishness induced by the global pandemic

Total export of rubber latex in January-February was 48,509 tons, raking in $76.88 million. The average price of rubber during this period was $1,585 per tons, indicating a minor decrease over the same period last year.

The global injection molding market size was estimated at USD 261.8 billion in 2021 and is anticipated to expand at a compounded annual growth rate (CAGR) of 4.8% from 2022 to 2030 according to Grand View Research. The market growth is expected to be driven by the increasing demand for mass production of thousands of identical components at lower costs coupled with design flexibility, precision from various end-user industries such as packaging, medical, and electronics. The global economic recovery has been jolted by the quick emergence of the omicron strain in 2021. High transmissibility and ability to infect the vaccinated may lead to the imposition of lockdown and cause supply chain disruptions.

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