Cambodian rubber exports topped $611,770,814 in 2021, climbing up from $482 million a year earlier.
Broken down by category, 366,300 tonnes of natural rubber latex accounted for $610,255,800, and 454 cubic metres of rubber wood clocked in at $1,515,015, according to the General Department of Rubber.
Read MoreGlobal Liquid Silicone Rubber Market is valued at USD 2.5 Billion in 2021 and is estimated to reach a value of USD 4.0 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period according to Vantage Market Research. The Global Liquid Silicone Rubber Market is being driven by significant developments in the demand for medical grade Liquid Silicone Rubbers, as well as high growth in electrical and electronics and medical applications. Medical grade Liquid Silicone Rubber is utilized in skin treatments to enhance absorption and functionality, as it minimizes the danger of bacterial infections. These are commonly employed in electrical insulation and electrical potting in electrical and electronics applications. Liquid Silicone Rubbers are also employed in the production of LED lights because they are chemically inert and are resistant to severe temperatures.
Read MoreAxiom Market Research & Consulting™ added a report on non-halogenated flame retardants market which includes study on product, application, end user, and geography. Non-halogenated flame retardants market was projected to grow at a CAGR of 6.4% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the non-halogenated Flame Retardants Market
Read MoreVietnam’s rubber export revenue is expected to reach 3.5 billion USD in 2022, and rubber price would rise to 3.8 USD per kg in the second half of the year, experts have said
Read More– According to latest research from Future Market Insights, the Thermoplastic Ester Elastomer (TPEE) market is projected to expand between 4% and 6% CAGR during the 2021 to 2031 assessment period. Increased use of engineered plastics for various industrial applications is fueling the demand of these materials. Thermoplastic Ester Elastomer (TPEE) having various advantages over conventional plastics thus account for a higher percentage growth than the total market for plastics
Read MoreGlobal Advanced Tires market is valued at USD 256.61 Million in 2021 and is projected to attain a value of USD 760.98 Million by 2028 at a CAGR of 16.8% during the forecast period, 2022–2028 according to Vantage Market Research. Demand for Advanced Tires is increasing due to their improved performance, fuel economy, and safety of cars. Advanced tire technologies can help improve vehicle fuel efficiency in several ways. For example, low-rolling resistance tires are designed to reduce the energy wasted when a car’s wheels turn or provide resistance on pavement. The less energy that’s needed to propel a vehicle down the road, the more efficiently it uses gasoline and the more miles per gallon it gets. In addition to this, some of the tires come equipped with adaptive tire systems in which sensors monitor changing road conditions and electronically adjust pressure levels in individual tires so the vehicle rides and steers smoothly
Read MoreAs per the study conducted by Future Market Insights, consumption of FKM Elastomers are estimated to grow with a CAGR of 3.0% to 5.0% during the coming forecast period of 2021 to 2031.
Read MoreThe December 2021 edition of the World Rubber Industry Outlook (WRIO) is now available. The current forecast in WRIO comprises two economic scenarios: Base Case Scenario rooted from the IMF’s base line GDP forecast; Downside Scenario which imply the continuation of the of the COVID-19 in the near-to-medium term and assess its implications for the rubber economy. Advanced economies seem to be more negatively impacted than emerging market economies and a gradual recovery back toward Base Scenario will only commence from 2026
Read MoreCarbon black has remained a key ingredient in the several industries ranging from the automobile to printing sector. However, an increasing demand for high-tech products is currently asking for more innovation in the global market. The increasing requirement for specialty carbon black is growing constantly as the consumers preference are constantly changing. The global specialty carbon black market is projected to exhibit an impressive CAGR of 4.5% during the mentioned period of forecast of 2019 to 2027.
Read MoreAccording to ChemAnalyst report from Research and Markets, “Butyl Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Butyl Rubber market witnessed a demand of around 1.4 million tons globally in 2020 and is anticipated to grow at a significant rate with a healthy CAGR of 3.9% until 2030 owing to its surging demand from the Automotive sector. Butyl Rubber is a synthetic polymer, produced by the copolymerization of isobutylene (98%) and isoprene (2%) therefore, also known as isobutylene-isoprene rubber (IIR Rubber). It comprises several significant properties such as chemical inertness, flexibility, low gas, and moisture permeability, good shock absorption, excellent weather & abrasion resistance, and resistance against ozone, and oxygen attack. All these properties of the elastomer make it an ideal material for inner tubes and high-pressure applications. In addition to inner tubes of tires, and high-pressure or vacuum tubes, it also finds applications in the production of wires and cables, gaskets, O-rings, Seals, diaphragms, Liners, hot melts, caulks, bottle closures, and weather stripping. It is also extensively used in adhesives and sealants as binders, and as modifiers. Moreover, it is a cost-effective material with a life span varying from 5-10 years
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