Market Reports

The Vietnam Rubber Association (VRA) forecasts that the global supply of natural rubber may lack due to the impact of the prolonged rainy season in some Asian countries at the end of 2021. Therefore, the export momentum is showing no sign of decreasing. Not to mention, when the scarcity of raw materials may maintain, the price of rubber latex will continue to increase or stay at a high level, thus improving the profit margin of businesses.

Sheridan, WY – The global silicones and siloxanes market reached a value of US$ 15.1 Billion and US$ 8.8 Billion

According to ReportsnReports latest study, the global Automotive Rubber Molding market size is USD million in 2022 from USD 39500 million in 2021, with a change of % between 2021 and 2022. The global Automotive Rubber Molding market size will reach USD 50700 million in 2028, growing at a CAGR of 3.6% over the analysis period.

Vietnam is ranked third in the world in terms of rubber export value, with 3.24 billion USD in 2021, up 36.2 percent from the previous year, according to Vietnam’s Ministry of Agriculture and Rural Development (MARD).

Allied Market Research published a report, titled, “Phenolic Resin Market by Type (Resol and Novolac), Application (Adhesives & Binding, Foundry, Molding, Laminates, Coatings, Foam, and Others) and End-use Industry (Electrical & Electronics, Automotive, Lumber, Building & Construction, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030”. According to the report, the global Phenolic Resin industry generated $8.2 billion in 2020, and is anticipated to generate $12.6 billion by 2030, witnessing a CAGR of 4.4% from 2021 to 2030.

The Global Specialty Carbon Black Market was valued at USD 2.34 billion and is projected to exhibit a CAGR of 9.0% over the forecast period from 2021 to 2030 according to Quince Market Insights. Specialty carbon black is one of the purest grades of carbon black having the finest particle side. It is also a non-rubber grade of carbon black, which is used in various industries. Carbon black is basically used in manufacturing plastics, tires, mechanical rubber goods, toners, and printing inks. It can also absorb UV light and further converts it into heat. Thus, it finds its major applications and is used in insulating cables and wires. Furthermore, it is widely used to produce wide range of rubber pigments and products. In short it acts as a cost-effective rubber reinforcing agent used in tire

Reclaimed rubber products are in high demand in major end use industries, such as automotive, consumer goods, aerospace, footwear, and others, due to a shift in the trend towards eco-friendly and recyclable materials. The growth of these industries in emerging countries has provided a major stimulus to market growth in the Asia Pacific countries. In developed countries, the ban on landfills in the EU, as well as other favorable regulatory frameworks provided by governments to encourage and support recycling, has increased product demand.

Jersey City, NJ – Verified Market Research recently published a report, “Specialty Chemicals Market” By End-User (Pharmaceuticals, Agrochemicals, Water Treatment,

As the global economy mends, the growth of Liquid Silicone Rubber Injection Molding Equipment will have significant change from previous year. According to ReportsnReports latest study, the global Liquid Silicone Rubber Injection Molding Equipment market size is USD million in 2022 from USD 125.3 million in 2021, with a change of % between 2021 and 2022. The global Liquid Silicone Rubber Injection Molding Equipment market size will reach USD 232.5 million in 2028, growing at a CAGR of 9.2% over the analysis period